Nicholas M Ong

The U.S. Congress approved a USD146 billion aid package in a bid to lift the troubled U.S. economy due to the subprime mortgage crisis since last summer. This is by far the largest cash injection by the U.S. government till date to prevent the economy from falling into a recession. In the last 2 months, Wall Street ...

What would it do for you if you could turn USD 10.00 into USD 466.10? Will you buy me a beer at least to thank me? :D You would? First, tell me what is the price of gold right now? Analyst are expecting gold to breach the USD 1,000 per oz mark soon. So how did I managed to turn USD 10.00 into USD 466.10? All thanks to the rising ...

With reference to my earlier post, this is what I meant. Perhaps the first piece of news with warning signs on the Singapore economy released. Hopefully, things aren't as bad as suggested. I guess one of the craziest things in the world today is how hearsay and rumours can make something real. With the international institutions 'predicting' that the U.S. is likely to go into a recession, what's there ...

In some strange way which I can't prove simply because I'm too lazy to find the supporting evidence, the Dollar and gold are like opponents on a see-saw. When one goes up the other down. Or in that same retrospective, one rises in value when the other takes a beating. Why you may ask? Which brings me to my next question. How much do you know about government debts, ...

Seems that my prediction on the upward movement of prices on crude oil and gold is already showing in the 3rd day of the new year. Crude oil breaks through the US$ 100 mark and gold peaked at US$ 859 for a 28 year high before closing at US$ 855.28 for the last trading day. Aleady in commodities? For those of you who are interested in getting your hands ...

As mentioned in my previous post HERE, analyst are now expecting oil to breach US$100 per barrel in 2008. We can all. whine and bitch about keeping our cars on the road or switch to an alternative. On the investment front, Commodities are high on my list. Gold is obvious set to climb even further. From 2006 to 2007 alone, gold has rose more than US$140 per oz ...

It's the New Year Eve afternoon here in Singapore and 2007 has proved to be an interesting year. The sub-prime mortgage mess in the U.S. caused many investors and financial institutions to take a big hit. One such institution is none other than Swiss banking giant UBS AG. The bank said on last Friday it had dropped plans to acquire a mutual fund management business in India from ...

Up down, up down. Red green, red green. that's what the market has been doing. I checked my funds awhile ago and I have to admit that though I'm down about 8.7% in my China equities, I'm not too concerned. Busy but good week here. Have a good weekend folks in case I don't make it to post another entry. Quoted from http://www.foxbusiness.com/markets/article/minute-rally-tips-wall-street-green_405657_2.html: Last Minute Rally ...

More news and talk on the Fed's new lending tool. Quoted from http://www.foxbusiness.com/markets/article/feds-new-lending-tool-ease-credit-crunch_405329_2.html: Will the Fed's New Lending Tool Help Ease the Credit Crunch? Wednesday, Dec. 12 2007 Analysis Will the Fed's New Lending Tool Help Ease the Credit Crunch? ...

Quoted from http://www.foxbusiness.com/markets/article/wall-street-lands-green-wild-ride_403608_2.html: Wall Street Lands on Green After Wild Ride Wednesday, Dec. 12 2007 Uptick Wall Street Lands on Green After Wild Ride ...