New Chat

ESP Gold Chat                                                                                   Feb 20, 2018











GOLD PRICE in US$ per Kilogram (Source:
Although Gold Price is in United States dollars is still below its peak achieved in July 2011, it has been showing a steady up trend since 2015.
With a growing global economy and inflation, gold could see an uptrend in the near term.
Disclaimer: Above comments are purely based on our opinion and not legally binding comments.

ESP Gold Chat                                                                                   Oct 26, 2013


Back to Square One for Gold Price


Gold price had been kept down last few months on anticipation of US Federal Reserve cutting back on its bond buying program (commonly referred to as tapering). But that tapering is now likely delayed for another few months until US economy shows stronger growth trend.


 Therefore, as the US Federal Reserve is expected to continue pumping US$80 billion per month of paper money into the market place at least until early next year, we can expect more paper money chasing the same amount of goods and services. This means inflation will set in eventually.


 Inflation is bullish for Gold price. As we all know, Gold is a good hedge against inflation.


 It is back to square one for Gold and Gold is expected to continue back its upward trend. You can also expect more volatility (fluctuations) in Gold prices as global economies start their recovery path next year.


Any comments, questions pls e-mail to


 Gulam, Emas Sri Pinang Sdn Bhd


Disclaimer: The above comments are personal opinion of Gulam and are not in any way instructions or guidance provided by Emas Sri Pinang Sdn Bhd. Emas Sri Pinang Sdn Bhd will not be held liable for any damages or loss by anyone or any organization as a result of the ESP Gold Chat.