$ Grows on Trees?

Palm Trees?

I am ABSOLUTELY dumb struck when I look at the chart of the CPO futures, from RM2,000 zoomed to now almost RM4,000 in about 12 months!! Malaysia is having election, could it be that the garment there pushing UP to make the citizens feel good and hence vote for the ruling party?? Unlikely. The more plausible reason is the skyrocketing soybean oil! They track very closely to each other.

The recent snow storm in China will definitely make soybean oil even more expensive as China is quite a big producer of the crop. Brazil will benefit as it has planted HUGE HUGE acreage of this crop.

Such HUGE price surge SHOULD benefit the 4 heavenly palm kings listed on SGX, Wilmar, Golden Agri, Indofood Agri, and First Resources. But, there are some concern that such high price will deter consumption and some EU regulations want a better management of palm plantation, so call sustainable palm trees cultivation? hehehe....

Many people in Ang Moh countries criticized the palm oil industries for the destruction of rain-forest. But, it should be noted that Malaysia's palm trees as a % to the country's land mass is smaller than the British farms as a % of Britain land. And they still got the balls to tell us what to do with our land? If they are really so "concerned" about rainforest destruction, then perhaps, they should PAY us for NOT planting palm trees. Let's call it palm credit, should we? Since we now have carbon credits for NOT producing carbon.

Talking about carbon credits, don't u think that palm plantation should get lots of carbon credit? I mean they are plants afterall, and absorb carbon dioxide!

A Number Game

MOST of these days garmen's statistics agencies are publishing INFLATION running ABOVE or at the high end of their inflation target. YET, most of them don't care, at least their actions tell me that they don't care and they expect inflation to come down. ECB noted high inflation, but printed additional 500BILLION pieces of paper. Benny KNEW that US is running high inflation but give priority to growth and CUT rate and PRINT more $$. BOE also CUT.

The Question is WHY are these CLEVER people so CERTAIN that inflation WILL come down? It is a number game. Let me give you an example. IF an egg cost 50cents last year and $1 this year, that is a 100% inflation. IF next year it stays at $1, the inflation is ZERO, 0%. They will bring everyone's attention to the fact that INFLATION has STOPPED and no longer a problem. BUT, is it? Just taking a simple average, over the 2 yrs, inflation would have gone up 50% per annum. The expectation of inflation may moderate or so called no longer an issue, but the REAL REAL inflation HAD already happened. We have to pay 50cents more for every single egg that we consumed while wages and interest from bank deposits simply won't cover the rise of 50% per annum inflation. Even if the price of egg held steady for the next 10 years, that is still a 10% inflation per year. So, what's up with the so called future inflation. Unless you tell me that your wages go up 10% per annum, then no issue to you. But, please tell me what kind of work you do hor. hehehehe.... most likely u have to be a L&S (Leeches & Sexes) to get that kind of above inflation increment in wages.

But, then again, CLEVER people look forward and completely forget about the past. And as always STUPID people like me will peep back and see where we came from even after 10 years!

A Liar Too Many

No, I never had sex with her... No, we will NOT cut our dividends ...

Later, we found out that he did have sexual contact with her and certain company did cut dividends. It is extremely difficult to be honest when reputation or money is at stake.

After experiencing first hand the liars amongst us during my University years, I become extremely cautious when dealing with human beings around me. Recalling the number of liars during my school years, about 98% of them cheated. These people go on and graduated from the school and entered the work force. They might become head of huge and powerful corporation or nation.

So, please stay alert and distrust those around you till they have shown you otherwise many many times! Especially when money is concerned.