gold standard

Empires are built through the creation or acquisition of wealth. The Roman Empire came about through the productivity of its people and its subsequent acquisition of wealth from those that it invaded. The Spanish Empire began with productivity and expanded through the use of its large armada of ships, looting the New World of its gold. The British Empire began through...

To all Malaysians, This is unprecedented. We are experiencing the greatest wealth transfer the world has ever seen. Interestingly, would you believe, if I say, our country is situated right at the heartbeat where this epic shift of wealth is taking place? Malaysia? Yes. Am I kidding? Nope. Today, as I write, gold is flowing in our direction. It is...

The outlook for gold is unclear due to the current prices and uncertainties in the global economy. But it is expected to change in the long term because of the recent introduction of the shariah gold standard. Industry players say the gold standard, launched by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and World Gold Council last...

By: Ian Tai Nasi Lemak for RM 15.90, anyone? Last week, I was strolling in a shopping mall with my dad. Both of us decided to have an early dinner as we were hungry. We walked to the nearest restaurant which sells local food. To my dad’s surprise, we found that a plate of Nasi Lemak is priced at RM...

Inside President Trump’s otherwise “standard Trump stump speech” at CPAC was nestled what might be a most intriguing observation:  Global cooperation, dealing with other countries, getting along with other countries is good, it’s very important. But there is no such thing as a global anthem, a global currency or a global flag. This is the United States of America that I’m representing...