SILVER is not S chip. Irrelevant posting I should say!
tankuku ( Date: 08-Sep-2010 19:30) Posted:
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Experts said that the thing with silver is that when it moves up, it does so sharply. So it’s riskier because of greater volatility, unlike gold.
In London, spot silver hit $19.91 a troy ounce on Monday, up 0.4 per cent. The metal is trading just under the $19.92 intraday peak it hit on Friday, the highest since March 2008.
The metal is attracting hedge funds and other short-term investors. Speculative bets on rising silver prices on the New York-based Comex market last week hit their highest level since December.
But as demand returned this year from industrial consumers, prices rose sharply, even outperforming gold. Silver prices have risen by 18 per cent since the beginning of the year, ahead of gold’s 14 per cent gain in the same period.
Do buy some silver to gain some profit as well as diversify.
Good luck
S chips just too cheap in prices, I am so sure about that!
des_khor ( Date: 08-Sep-2010 17:10) Posted:
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RE really don't know why ?? any idea ?
Hulumas ( Date: 08-Sep-2010 17:02) Posted:
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Switching fund from selling Abterra, I buy quite substantial all sort of S chips today!
des_khor ( Date: 08-Sep-2010 15:24) Posted:
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Good judgement, I should say!
des_khor ( Date: 08-Sep-2010 15:24) Posted:
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Really S-Chips awake liao....
Big cap. or small cap. as long as is S chips.
aleoleo ( Date: 08-Sep-2010 12:43) Posted:
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S- chips ? big cap or small cap ?
like yanlord ? ..... ??
Yes..I think its S Chips turn to rally.......................
Lookout for China Env:
AI LAI CHIONGGGG LIOW ARH!!! NAP...NAP...
Good news for China Environment:
http://www.google.com/hostednews/afp/article/ALeqM5jazu9flmZYNYHbWGWj0FLQxluPjQ
China halts loans to firms that break environment rules
(AFP) – 1 day ago
SHANGHAI — China has ordered banks to stop new lending to companies that pollute excessively or consume too much energy, as part of a drive to make its economy more energy efficient, state media said Saturday.
Shao Fujun, director of the People's Bank of China's credit department, said the central bank had established a database to help banks review companies' environmental records, the Shanghai Securities News reported.
More than 30,000 pieces of information regarding companies' environmental violations are in the database, the report said.
Beijing has pledged to slash China's energy consumption per unit of gross domestic product by 20 percent between 2006 and 2010, as the world's biggest greenhouse gas emitter seeks to reduce pollution and clean up its environment.
Last month the central government ordered 2,087 firms producing steel, coal, cement, aluminium, glass and other materials to close old and obsolete plants by the end of September -- or risk having bank loans frozen and power cut off.
Authorities in the eastern province of Anhui reportedly already cut off electricity to more than 500 factories for a month in mid-August after they failed to meet emission reduction targets.
seem like got few in action liao... maybe this is just a bigining for S-chips to move higher ?