Lately, gold has seen a surge in interest especially from small investors and casual gold bugs as well. Apart from the usual 'International Hallmark' brand which is selling quite well here in Malaysia, us Malaysians also got our own brand of gold. The most popular of all is of course Public Gold which sells gold and silver bars and coins. (er, btw, I'm not a dealer aaa) But what is more interesting to note is that even state governments now are joining the bandwagon, producing or at least considering the idea of having their own brand of gold products. Take the state government of Kelantan for example, who has already launched their Dinar and Dirham last year as an alternative choice for the people to trade. After some controversy, even other state like Perak is now following Kelantan's footsteps. And don't forget, Tun Dr Mahathir himself advised Malaysians to own gold to protect ourselves from the uncertainty of the world economy. Who knows, maybe one sweet day, Malaysia will recognize gold as a legal tender and produce our own national gold and silver coins (dinar and dirhams) that we can use to buy and sell things (Kijang Emas is not yet recognize to function as one). Put the wealth back to the people, so to speak.
But for now, the best part is, the more gold there is in the market, the more choice for people like me can choose from and the better price we can get. As for you, if you have not started to buy gold yet, I suggest you do so right now. No matter what reason you own gold, as a hedge against inflation, as an investment or simply because you don't want America to rule this world anymore, having gold as part of your asset is likely a wise choice.
Happy hunting!
