Monday 19 December 2016

Ringgit. Panic

Is the 1986 monster hit by the Smiths, taken from the album rank.

It's time to PANIC, because the sound bites from the mainstream media is utterly confusing.

We have the Star today, saying that 2017 is going to be a hard year for the Ringgit , citing the World Bank, and Bernama today saying don't PANIC, the Ringgit will bounce back.

This is the same Bernama which told us just weeks ago, that we should sit back and relax, the Ringgit should be trading at RM4.20 by January.

And French research house Société Générale saying that although the Ringgit is trading way off its moving averages, when higher oil prices are taken into consideration, and that there is only a ONE percent chance of the Ringgit, falling further, one should NOT buy the Ringgit.

When too many people, have to many different outlook on the same subject, that is the best  time, the subjects of this nation should consider to PANIC.