Our Beloved Prophet

Assalamualaikum.

We here as parents of 4 children, we are strongly against the celebration of V-day.

Islam requires all Muslims to love one another all over the whole year, then why we should choose only ONE day to spread our love?

Lets forget that the V-day ever existed on our calendar. Instead, lets show our love for the one who had loved us before our parents actually did, our beloved prophet, Muhammad (peace be upon him). We didn't only celebrate his birthday, infact, we remember him every single day, in our prayers, solah etc. This is how love actually works everybody!

Till then, have a nice day today! ;)

p/s : Drop us some email/comment if u need to know about the gold business ok?

Gold Is Promising For 2011 - Elizabeth Kraus - Gold Coin Blogger

Gold rose above $1,420 an ounce coming into 2011 within 1 percent of its record high, and silver and palladium hit multi-year peaks, driven by pent-up demand on the first trading day of 2011.

While a firm dollar is limiting gains, expectations for more bad news on euro zone debt, concerns over potential inflation in developing economies and an increased focus on the U.S. deficit are set to maintain surging demand for gold, analysts said.

Pradeep Unni, senior analyst at Richcomm Global Services in Dubai, said fresh highs in gold were “likely” this year after the metal was becalmed over the Christmas holidays, with an initial target seen at $1,455-$1,480.

“Gold (steps) into the New Year with all its current fundamentals intact…. sovereign debt risk, macro uncertainty, concerns over currency stability, medium-term inflation fears as the U.S. Federal Reserve implements Quantitative Easing II, geopolitical tensions and low interest rates.”

Spot gold was bid at $1,420.40 an ounce at 1035 GMT (6:35 a.m. ET), against $1,419.45 late in New York on Friday. The precious metal hit a record $1,430.95 an ounce in December. European trade is expected to remain quiet, with London still on holiday.

U.S. gold futures for February delivery eased 40 cents an ounce to $1,421.00.

Bruce Krasting, former hedge fund manager predicts, that “volatility is going up across the board. If you have the stomach for the swings that are coming across all markets there is a ton of money to be made; balls and timing are all that are necessary.

Gold will be higher a year from now but off its peak. At some time in the fall, gold will be near 1,800 and the New York Times will do a front-page story that gold is on its way to 2,000. That will be the high point of the year.” So watch out you skeptics…cause spot silver has already risen to 30 year peak of 30.72 an ounce higher with our short positioned, Copper right behind as one of the oldest metals used in the development of civilization.

And, copper will continue to rise. This metal will benefit as the poor man’s gold. Why buy an ounce of something for $1,600 when you can have a whole pound of something else for only $5? The logic is compelling only because there is no logic. Increasingly, it will become understood that money does not hold value, but gold, silver and copper does and will.

These three metals remind me of the parable about the three men and the elephant, who had never seen an elephant before and were blindfolded, then asked to describe the new animal based on what they could perceive by touch. One man felt the trunk and said “It seems to be a large snake.” The second man felt the side of the elephant and said “It seems to be built like a wall.” The third man felt a leg and said “It seems to be built like a tree.” Neither had the ‘big picture,’ “As the central banks stimulate their economies for 2011, the ‘big picture’ will be revealed”,” says Regal Assets, “as it will only add fuel to the fire of the growing anxiety over rising inflation, and again bode well for gold.

Gold as a Reserve Currency

“Combining the fundamental factors discussed here and technical signals,” said Krasting, “the euro could break below $1.25 or even $1.20 sometime this year, which could drive gold up towards $1,600 levels. It is worth noting that gold priced in Euros has risen more than 38% so far in 2010, reaching a new record high above €34,475 per kilo, far outpacing gold’s nominal price gain (in dollars) of around 28%.”

“So in a way, gold is treated almost like a second reserve currency, replacing the Euro, and you would have gotten a better return getting into gold via the Euro. If the US dollar shows strength then gold will go to $2000/ounce. If the US dollar shows weakness it will go to $3000/ounce. It clearly points the way to invest, is in gold, which is the safest investment for 2011,” he added.

So, to recap, with the QE2, unemployment, foreclosures, geopolitical chaos and huge global inflation that will all contribute to a strong physical demand for gold, one needs to peak in on silver, which is already inching towards its 30-year peak supported by the strength in industrial metals such as copper. “Copper prices have been very firm, supporting silver as well as palladium,” added Regal Assets, “and that short-covering in silver also helped push prices higher. We expect silver to trade in the range of $30 to $35 this year, with $40 as a potential target. Buying silver isn’t just a way to back up your investments in the New Year. It’s now a profit play, too. And you could be earning real gains with the other precious metal alongside gold. The silver market is small. But the profits aren’t. You can turn silver into golden gains!” Call Regal Assets today, and you’ll have a great year!

Source: http://goldcoinblogger.com/gold-is-promising-for-2011/#more-2641

Let’s Use Gold, Silver, and Copper as Global Currency!

Assalamualaikum.

Hi all,

We would like to share an article we found in the internet. The issues here happens somewhere in Zimbabwe, but guess it happens in most of the country in the world, including Malaysia. Read through, you'll get to know why we should use Gold rather than the "paper money".

The advantage of Gold, Silver, and Copper as Global Money:

1. Stable value

2. Universal value

3. Found in many countries

4. Have real value

5. Stable prosperity

6. Monetary Crises proof

The disadvantage of paper money US Dollar as Global Money:

1. Unstable value

2. Local value. Even US dollar could not be used directly in many markets in Asia. There is no way we could buy thing in Indonesia using Zimbabwe paper money. But we could do that using Zimbabwe gold especially if the rate is good.

3. US dollar as the International money only produced and monopoly by US Government

4. No real value. The value set by forex speculators. Local currencies such as Zimbabwe dollar will become a toy

5. Inflation leads to global poverty

6. Monetary Crises every 5-10 years. In Zimbabwe, inflation happen every time.

So, let’s use Gold, Silver, and Copper as money for a better, stable, and universal currency. Let’s stop the monetary crisis which is caused by unclear paper money right now.

Click here to read more

Use of gold dinar will stop currency war – Dr Mahathir

Governments should consider the use of the gold dinar to stop a currency war, says former Malaysian Prime Minister Tun Dr Mahathir Mohamad.

He said the US dollar depreciation created problems for countries as they needed to devalue their currencies in order to overcome the loss of competitiveness.

“If every country devalues its currency, there will be a currency war and, of course, it will contribute to the crisis,” he told reporters after delivering a keynote address at the First World Conference on Riba here Monday.

Mahathir said gold has an intrinsic value and is therefore a better measure of value than currency notes.

“Currency notes have no backing unless it is sought after by people. If countries start to devalue their currencies, there will be chaos in international trade,” he said.

On Islamic banking, Mahathir said financial institutions must be careful when introducing new products so as not to duplicate those already offered by conventional banks.

He said Islamic financial institutions should adhere to Islamic banking principles even when there is an opportunity for them to take over the responsibility of conventional banking.

Meanwhile, Perak became the second Malaysian state after Kelantan to introduce the gold dinar and silver dirham currency to give its people more savings options.

Perak Menteri Besar Datuk Seri Dr Zambry Abdul Kadir said discussions on introducing this currency began two years ago and that it would be introduced in stages.

“We are also in the process of minting the gold dinar and silver dirham coins,” he told Bernama after the first World Conference on Riba here Tuesday.

Asked whether the state would be using the Kelantan model for the currency, Zambry said the state would be using a different approach.

“Actually, we were the first to initiate the idea but Kelantan introduced the currency first but it is okay with us because it is a good thing,” he said, adding, however, the currency would be subject to Bank Negara requirements.

Earlier when disclosing the proposed project to the conference’s participants, Zambry said Perak acknowledged that “gold is a good store of value”.

He believed that since gold had played the role of money globally for centuries, its value was therefore expected to rise during a crisis.

“By putting some of their savings in gold and silver, the people can protect the value of their savings from depreciating. In the current hyper inflationary conditions, this would be truly a positive thing for the people,” he said.

Adapted from BERNAMA.

-credit to HalalMedia

Use Gold Dinar for Trade, Urges Dr M

Use Gold Dinar for Trade, Urges Dr M

LANGKAWI, 15 DECEMBER, 2010: Global trade should have reverted to the use of gold dinar following the decline in the value of the US dollar, said former prime minister, Tun Dr Mahathir Mohamad.He said since the price of gold was difficult to fall, it was suitable for use worldwide compared with the US dollar now.“At one time, US$35 was equal to one ounce of gold. But today, it is worth US$1,400, meaning the US dollar has already depreciated.

“That’s the problem with fiat currency … it devalues quickly and by very much. Gold never devalues like that.“So, when you buy and sell using gold dinar, you get the real value,” he told reporters after delivering his keynote address at the 2nd Langkawi Islamic Finance and Economics Conference, which ended here today.On the gold dinar in Kelantan, he said, it was not suitable to be used as legal tender but for import and export.Dr Mahathir said Islamic countries should use Islamic financial system to help poor Islamic nations.

“Although there are rich and poor Islamic countries, there must be a balance. We use Islamic finance to invest in the poor Islamic countries and help make them rich,” he said.He said it was important Islamic system grew by itself and the countries use it to benefit the Islamic countries.
“The Islamic financial system will grow when we are successful. Nowadays, we see that non-Muslims are using Islamic banking,” he said.

- Bernama

Emas Rahsia Kekuatan Ekonomi Islam

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