Rising inflation, rising food prices, rising debt, rising workload, rising fuel prices, rising temperature, rising sea water levels, rising blood pressure (darah naik seh!!) , but one thing not rising.....
Currencies are falling. Just as predicted by Mawlana Imran N. Hosein some years back when he visited Singapore. He advised back then to save our money in GOLD. I will not go into technicalities cause I believe you can read it in the newspapers almost everyday now. When economies become shaky and value of money starts falling, people will realise that only GOLD has real value. That is why our Nisab for our Zakat is based on GOLD.
However there are many types of gold nowadays. I even saw one that comes in the form of Dinar coins minted somewhere in Malaysia. There is however one advice that I can give to myself and my kakis (you can chose not to follow). Go buy GOLD bars or Gold coins that is 99.9% pure gold (24k). Credit Suisse produces these.
However, don't rush madly to convert all your savings to Gold. Leave some money to spend and prepare for emergencies. Say... Shall we pull out of Takaful??? Anyone has any knowledge....?
No comments:
Post a Comment