2011 Year-End notes: Do Dinar / Gold ... Still Profitable?
31 December 2011 falls on a holiday there is no transaction in the market, the last transaction in the world gold market for 2011 isequal to the closing of the New York market on 30 December 2011 afternoon or this morning Malaysian time. Price of gold closed atU.S. $ 1.568 / Ozt, and price figures Dinar closed at Rp 2,170,891. With the closure of these figures, the investment is still profitablegold dinar or the year 2011? |
The answer depends when you first invested your money and where it came from. When you are starting a year ago, then your Dinar investment gives the 23% range or cut the price difference when selling and buying price of 4% (2% could be pressured to staywhen you are selling to other users through the facilitation we also sell less 1%), the net result of this investment was in the range19% - 21% - or about three times the net deposits.
When you start a new investment in the last four months, you certainly lose because the dinar a significant downward trend since September 2011. What is interesting is if you look at the source of the funds you use for this gold investment. The net result last year was in the range19% -21% of the above only applies if you use the funds to buy gold / Dinar is the currency of your own.
When you use the funds for investment is the money a bank or other lending money, the net result of 19% -21% will be almostdepleted because of the cost of capital that you are using (eg mortgage costs) are in the range of 18%. The net result is only 1% -3% (after deduction of capital costs), are not attractive enough to compensate for the toil and sport your heart.
That is why through the various works since more than two years ago, I was reminded that people do not speculate by buying gold using borrowed funds or the pledge. Unless the loan or mortgage is for real productive activities (rather than price fluctuations) that produces a value greater than its cost of funds, or what I call Gold Based Capital. Then what about 2012?. I would count many factors that could push gold prices up, among other long-term effects Quantitative Easing in a variety of names for the U.S. and the European crisis of 2011. Which could also boost gold prices 2012 is when the Iran crisis - U.S. these days continues to heat up too escalation. Thirty years ago, gold prices have jumped from U.S. $ 215/Ozt (January 1979) to U.S. $ 850/Ozt (January 1980) when there istension between Iran and the U.S. in 52 Americans hostage crisis in Iran for 444 days from dated 4 November 1979 s / d January 20, 1981. Regardless of the odds rising gold prices in 2012 was, once again I would not recommend to question with borrowed funds,except for productive activities. In line with the central theme in 2012 for the unproductive, it is my resolution for 2012 ... Get Real! InsyaAllah. |
No comments:
Post a Comment