Fahami artikel dan seterusnya ambillah tindakan. Saya rasa kebanyakan daripada kita ini adalah daripada kalangan lulusan institusi pengajian tinggi jadi tentu anda lebih bijak menilainya. Kesimpulannya di mana hendak mendapatkan emas anda?? Hubungi ejen-ejen Bijak Emas berhampiran anda.
4:55, Wednesday 29 September 2010,
On nearby Shwe Bontha Street, the heart of the gold market since colonial times, Nyan Tun is more than just a trader: he is an unofficial banker in the military-ruled country.
"Normally, the major buyers are farmers. They will buy gold with a little bit of extra money to sell before the next harvest," he said. "Second are the housewives, who love to buy jewellery as savings."
The global economic crisis may have reignited suspicion of banks worldwide, but in isolated
Not that people have much to spare: decades of economic mismanagement by the country's rulers, plus international boycotts and sanctions, have generated a population struggling to get by and facing soaring consumer prices.
Between 2005 and 2009 the annual inflation rate in
"If you want to catch up with inflation, you buy gold. If you save money in the bank you lose money," said Nyan Tun.
"People have much more trust in gold as a store of value," added the trader, whose name AFP has changed at his request. In military-ruled
Nyan Tun said the value of a gold "tical" -- about half a troy ounce -- had increased more than 30-fold in the local currency, the kyat, since his early days as a gold trader in the late 1980s.
Sean Turnell, a specialist in
An abundance of natural treasures -- including gold, gas, teak, oil, jade and gems -- could make the country a rich nation as it once was before coming under military rule in 1962.
"The fiscal situation should be good," said Turnell, on the basis that earnings from gas supplies should fund government spending.
"But they (the military rulers) don't bring money they get from gas properly into public accounts," he said. "These funds are not recorded."
"The ruling class will still be the same, so there will not be big changes," said Nyan Tun, now in his 50s.
However there have been some shifts in the economic landscape ahead of the election, with the junta instigating a spate of privatisations of state firms and properties.
Along with these sell-offs of assets including ports, factories and cinemas, four conglomerates on international sanctions lists and run by junta-friendly tycoons have been given licences to start up new banks.
Turnell said the cronyism apparent in these recent developments suggested the country was "drifting in a really strange direction away from a totalitarian system into one that works like a semi-criminal economy".
For the average
"Gold has been the ultimate reserve asset, the ultimate insurance against bad government policy. It goes back to the colonial era -- it's seen as being dependable and independent of the state," said Turnell.
With the precious metal playing such a key role, the regime keeps a close eye on its trade. Nyan Tun said plain-clothed special branch police lurk on Shwe Bontha Street and pressure traders to stop selling when prices go up.
"Maybe the government thinks inflation is due to the price of gold, but actually it's the other way round," he said.
"The gold price is the index of inflation to citizens," agreed a business editor in
People have also been hit hard in the past when the authorities scrapped certain currency units as legal tender.
A mass uprising against the military in 1988, which was brutally crushed, escalated from protests over a major episode of demonetisation by the regime.
"That wiped out the savings of a huge amount of people," said Turnell. "I have never come across a single
For now gold remains the safest haven in
"Gold: this is the only thing people trust," said the business editor.
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