Putradinar | Malaysia

This Blog Is About Gold | Emas and Ways To Own Gold Bar and Gold Dinar.

Dec 21, 2009

Subprime Crisis

Posted by PutraDinar

What is Subprime Crisis?

It's an ongoing financial crisis triggered by a dramatic rise in mortgage delinquencies and foreclosures in the U.S, with major adverse consequences for banks and financial markets around the globe, e.g Europe, Asia and Latin America. Began with the bursting of the US housing bubble and high default rates on 'Subprime' and adjustable rate mortgages (ARM), beginning in approximately 2005-2006. Subprime Crisis affected the financial sector in Feb 2007, when HSBC, world largest(2008) bank, wrote down its holdings of subprime related MBS by $10.5 billion, the first major subprime related loss reported. In 2007, atleast 100 mortgage companies either shutdown, suspended operation or were sold.

Subprime crisis caused panic in financial markets and encouraged investor to take their money out of risky mortgage bonds and shaky equities and put it into commodities as "store of value". Financial speculation on commodity futures following the collapse of the financial derivatives markets has contributed to the world food price crisis and oil price increases due to a 'commodities super-cycle'. Financial speculators seeking quick returns have removed trillions of dollars from equities and mortgage bonds, some of which has been invested into food and raw materials. Lehman Brothers declared bankruptcy on 15 September 2008, after the secretary of the Treasury Henry Paulson, citing moral hazard, refused to bail it out.

How Subprime Crisis Lead to Global Economic Crisis?

Tired of writing, I show to you in sequence....

  • 1. High oil prices -> high food prices & global inflation.


  • 2. Subprime Crisis -> substantial credit + liquidity crisis leading to the bankruptcy of large and well established investment banks as well as commercial banks in various nations around the world


  • 3. Increased unemployment -> global recession 2008/2009.


Causes of Subprime Crisis

I will state the causes for now and continue explaining it later:

  • # Housing market bubbles

  • # Investment Speculation

  • # High-risk mortgage loans and lending practices

  • # Securitizations practices

  • # Slow central banks responses

  • # Financial institution debt levels incentives

  • # Credit default swaps


I will continue with subprime lending and the effect of money injection. This article is to make things clear why you should save in something that more sound then the fiat. :)

Dec 9, 2009

Emas 999.9 atau 916...?

Posted by PutraDinar

Sejak kebelakangan ini saya kerap diajukan dengan soalan "Adam, saya nak beli emas... mana satu yang OK emas 916 ke 999?". Jawapan saya hanya ASALKAN EMAS. Buatlah calculation sendiri berdasarkan budget masing-masing. Sekarang pun dah banyak syarikat yang bawa produk-produk seperti gold bar, dinar, barang kemas dan arca emas. Rasanya tak perlu saya perkenalkan satu-satu sebab terlalu banyak.




Ok berbalik kepada persoalan kita tentang 916 atau 999, sudah sedia maklum 916 mengandungi 91.6% emas dan 999 pula hampir tulen sepenuhnya. Secara jujur saya sendiri menyimpan emas 999 dan saya tak kisah pun jenis apa ASALKAN 999. Masalahnya disini emas 999 susah untuk didapati dlm kuantiti yang kecil, kalau ada pun 1/4 kijang emas dari Bank Negara. Tapi baru-baru ini ada syarikat yang menawarkan gold bar 999 dalam kuantiti yang menarik (5g,10g,20g)dan harganya pun OK sebab premium yang rendah.

Untuk 916 pula, saya ada macam-macam jenis dinar..... Dinar Kelantan, Dinar Public Gold dan Dinar Nubex. tetapi semuanya hanya sebagai koleksi kerana emas 916 saya banyak dalam bentuk barang kemas sebab saya boleh beli dengan harga lebih rendah. Semakin anda menyaelam anda akan faham. :)

Saya harap tulisan ringkas ini dapat menjawab persoalan customer yang kerap ajukan soalan ini. Dan buatlah calculation sebelum membeli emas, apa-apa pun kuasa membeli di tangan anda.

"Only you can decide the best place for your money"

Adam...

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