YOUR PRECIOUS METAL COMMUNITY

NEWSLETTER ISSUE 5

ARGENTUM NEWSLETTER
WEEKLY NEWSLETTER FOR THOSE WHO CARES ABOUT THEIR WEALTH

Permohonan Koperasi Diluluskan

Koperasi Az Zahabi
Happy Chinese New Year!

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January 15, 2012

NUBEX IS CLOSED DURING CHINESE NEW YEAR

The physical store will be closed on the 23-24 January 2012. Read more here

Iran, Russia Replace Dollar with National Currencies in Trade Exchanges

TEHRAN (FNA)- Iran and Russia have replaced US Dollar with their own currencies in their trade ties, a senior Iranian diplomat announced on Saturday. Read more here

Tahun 2012 bermula baik bagi semua pelanggan Nubex dengan terlulusnya permohonan kita untuk menubuhkan koperasi. Nama koperasi yang telah diluluskan oleh SKM Negeri Selangor ialah Koperasi Az-Zahabi Selangor Berhad. Nantikan panggilan rasmi untuk hadir ke AGM pertama Koperasi Az Zahabi ini dalam waktu yang terdekat. Semua aktiviti yang telah dan akan dirancang akan dibincangkan di situ. Aktiviti yang telah diluluskan walaubagaimanapun ialah menubuhkan Ar Rahnu.

The crisis began when investors started getting nervous about Greeces ability to renance almost 17 billion of bonds (about US$23 billion) maturing in April and May this year (note : 2010). Greece certainly did not endear itself to investors when it was revealed in early 2010 that since 2001, it had help from Wall Street rms to quietly borrow so that it could continue to spend beyond its means while meeting the Euro-zones decit rules. Read more here

Personal Finance

Could Malaysia End Up

Bankrupt in 2019?
Quah Bun Huat, Malaysian Institute of Economic Research (MIER) In a recent speech, Datuk Seri Idris Jala warned that Malaysia could in 2019 end up bankrupt like Greece if the RM74 billion annual subsidies are not slashed. That speech attracted a lot of ak, and has been dismissed as more of a scare tactic to jolt us to not live beyond our means. More of that later.What are the causes of national bankruptcy? A country can go bankrupt if, as a result of war or blatant mismanagement, it has gambled away all trust, can no longer service its debt or convince anyone to lend it any money, no matter how high an interest rate it promises to pay. Greece has been in the spotlight with its debt problems. Though it didnt actually default on its public debt, it is as good as bankrupt, as far as a lot of people are concerned. The European Union and the IMF kept the embattled Greek economy aoat by agreeing to a US$1 trillion loan package.

THINKING OF SENDING US YOUR GOLD? FOLLOW THIS SIMPLE SUGGESTIONS

Want to sell to Nubex but you dont have time or too far away from our ofce? Follow this guideline to ensure you limit all risks here.

Should you save, invest or spend your year-end bounty?

Sreerema Banoo, The Edge Malaysia When Anna Lim received her rst ve-gure bonus, she invested it in a prime commercial property. The 40-year-old, who holds a senior management position in a nancial institution, says she opted for the commercial property for its potential for capital appreciation and a healthy rental yield. Lim, who owns her own home, plans to use future bonuses to invest in a residential property. I dont have the time to go on expensive holidays, so I use my bonus to invest in property, she explains. Read more here

U.S TO GO FOR QE3

"You have to remember two things election in America in November, so you are going to see a lot of good news. Of course you have the American government spending staggering amounts of money right now, printing a lot of money and getting ready for the election," Rogers tells The Economic Times. Read more here

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