Wednesday, January 14, 2009
Sunday, January 11, 2009
Sunset @ Pasir Panjang PD
Last Saturday I had an opportunity to have dinner at Kg Telok, PasirPanjang, Port Dickson, Negeri Sembilan. We had our Ikan Bakar (grilled fish), Steamed Seabass, grilled stingray and fried calamari with nasi lemak.
Sorry no photo of the food only the scenery...
Thursday, January 8, 2009
Recession is unavoidable now
It is not a surprise when suddenly the US reported they had excess crude oil reserves thus the demand for crude oil tumbling down and with that send the Crude oil price tumbling down back to below USD43/barrel after trying to reach USD50/barrel yesterday.
As suspected the US had been secretly increasing their inventory and taking advantage of the cheaper prices with anticipation of higher price soon.
On the other hand, I suspected that the inventory was secretly topped up in anticipation of Israeli's planned attack on Palestinian Gaza, and later on Iran, when Iran intervene the Gaza's massacre. The attack on Gaza is just a plot to instigate Iran to attack Israel and later Israel will be defended by the US troops. It is a conspiracy to start a war, invade, occupy, take over administration and massacre Ahmedinejad like what they did on Saddam.
The Islamic world will be crumbling and Israel and US, will control the Middle East; the oil, the gas, and defeating and weakening the Islamic world.
And at the same time divert all focus to the war instead of on the economic crisis they are facing now and the one initiated by their conventional financial system.
As suspected the US had been secretly increasing their inventory and taking advantage of the cheaper prices with anticipation of higher price soon.
On the other hand, I suspected that the inventory was secretly topped up in anticipation of Israeli's planned attack on Palestinian Gaza, and later on Iran, when Iran intervene the Gaza's massacre. The attack on Gaza is just a plot to instigate Iran to attack Israel and later Israel will be defended by the US troops. It is a conspiracy to start a war, invade, occupy, take over administration and massacre Ahmedinejad like what they did on Saddam.
The Islamic world will be crumbling and Israel and US, will control the Middle East; the oil, the gas, and defeating and weakening the Islamic world.
And at the same time divert all focus to the war instead of on the economic crisis they are facing now and the one initiated by their conventional financial system.
Monday, January 5, 2009
World economy continue weakened
The Crude Oil continue to remain above USD46 per barrel as Israel continue to attack on Gaza and kills women and children and helpless people.
The Israeli murderers @ foot soldiers entered Gaza and start their assault against the world asking them to stop. The Israeli murderer become bolder as US did not reacted against them instead blaming the Hamas and the Palestinian public of inciting the attack. This is their opportunity before the Presidential transition on January 20, 2008, hiding behind outgoing George Bush and at the same time testing the new policy of the soon to be President Mr Obama.
Price will remain high and also a likely strategy by George Bush to pressure the new President during the transition period to make a stand on the issue and to hide his (Bush's) failure in containing the US Credit Crunch and Economic Crisis during his tenure.
After all US top officials, government advisers, supporters and major contributors are Jews.
The Israeli murderers @ foot soldiers entered Gaza and start their assault against the world asking them to stop. The Israeli murderer become bolder as US did not reacted against them instead blaming the Hamas and the Palestinian public of inciting the attack. This is their opportunity before the Presidential transition on January 20, 2008, hiding behind outgoing George Bush and at the same time testing the new policy of the soon to be President Mr Obama.
Price will remain high and also a likely strategy by George Bush to pressure the new President during the transition period to make a stand on the issue and to hide his (Bush's) failure in containing the US Credit Crunch and Economic Crisis during his tenure.
After all US top officials, government advisers, supporters and major contributors are Jews.
Sunday, January 4, 2009
Economy is weakening
US dollar is strengthening, pushing the crude oil price higher to above USD45 per barrel. On the other hand other currency including Malaysian Ringgit are weakening against US dollar.
Economically the Crude oil cost should be around between USD30 to USD50 per barrel depending on the efficiency and age of the oil platform.
We don't expect the price of retail fuel price should be increased in the near term as we have been paying premium for some time now. The retail fuel price for petrol and diesel is not expected to change in the near term due to the current increasing trend.
What puzzling and burdening the consumers are the increasing fare price of buses and extra surcharge of 30% imposed and the school bus association to add surcharge of 30% on school bus fares. this is burdening to families with school going children.
And at the same time prices of raw food at the wet market still high and as a matter of fact is still on the rise. Where is Shahrir Samad? He managed to convince the hypermarket to lower the price but what about the wet market?
Shahrir Samad should do his own fact finding and get into his wellington boots and head for the wet market, the place where all middle and lower income earner spend most of their monies.
Friday, January 2, 2009
New Year
Happy New Year, last year many have been predicting 2009 to be a very economically weak year and it will be a very daunting task for US President-Elect Barack Obama come this January 20th, once he step into Office.
Year-end festivities and celebration - Christmas, Maal Hijrah (Muslim's New year) and New Year celebration were marred by Israelis attack on Palestinian's Gaza and the destruction of a Mosque in Gaza. Hundreds of Civilians including children and women died. The Israelis are taking advantage of the outgoing US president G Bush final days and to test the President-elect Obama and his jewish Key Official. It is a very sad situation for the Palestinian and the world ending the year with death and start a new year in war.
Bad start for a new year indeed. Predictions of recessions in Europe and financial failure lingers into 2009, but celebration for a new year with all the fireworks continues luxuriously, no sign of cutting the expenditure for entertainment...
It is also strange how an ex US top financial official can get involve in Ponzi sheme and lost investors money up to USD50 billion?
Before end of the year, the crude oil price started to inch higher above USD40 and as i am writing is above USD43 per barrel against it lowest level of USD33pb last year.
Anyway as i had predicted since July 2008 that 2009 will be a very challenging and tough year for the global economy will continue into 2010...
Year-end festivities and celebration - Christmas, Maal Hijrah (Muslim's New year) and New Year celebration were marred by Israelis attack on Palestinian's Gaza and the destruction of a Mosque in Gaza. Hundreds of Civilians including children and women died. The Israelis are taking advantage of the outgoing US president G Bush final days and to test the President-elect Obama and his jewish Key Official. It is a very sad situation for the Palestinian and the world ending the year with death and start a new year in war.
Bad start for a new year indeed. Predictions of recessions in Europe and financial failure lingers into 2009, but celebration for a new year with all the fireworks continues luxuriously, no sign of cutting the expenditure for entertainment...
It is also strange how an ex US top financial official can get involve in Ponzi sheme and lost investors money up to USD50 billion?
Before end of the year, the crude oil price started to inch higher above USD40 and as i am writing is above USD43 per barrel against it lowest level of USD33pb last year.
Anyway as i had predicted since July 2008 that 2009 will be a very challenging and tough year for the global economy will continue into 2010...
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