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Monetary Market Conditions [Update]

Day 1,393, 04:37 • Published in Malaysia

• by Firebourne

Good evening. Following is the latest update on the conditions of the monetary market.

Currently
Total MYR for Sale in Market @ 1MYR = 0.002 gold
= MYR 156,854.70
Total MYR for Sale in Market (held by eMalaysians) @ 1MYR = 0.002 gold
= MYR 40,713.37
Total MYR for Sale in Market (not held by eMalaysians) @ 1MYR = 0.002 gold
= MYR 116,141.33
Total MYR available for sale (all exchange rates)
= MYR 158,391.36
Total Gold for Sale
= 9.14 Gold
MYR for sale/Gold for sale
= MYR 17,329.47/gold

Previously
Total MYR Up for Sale @ 0.002 gold/MYR
= MYR 112,999.56
Total MYR Up for Sale held by eMalaysians @ 0.002 gold/MYR
= MYR 39,395.28
Total MYR Up for Sale held by non-eMalaysians @ 0.002 gold/MYR
= MYR 73, 604.28
Total MYR Up for Sale
= MYR 117,497.22
Total Gold for Sale
= 20.07 gold
MYR for sale/Gold for sale
= MYR 5854.37/gold

Analysis
1) Increase in total MYR available for sale by MYR 43,855.14
2) Increase in total MYR for Sale in Market (eMalaysians) by MYR 1,318.09
3) Increase in total MYR for Sale in Market (non-eMalaysians) by MYR 42,537.05
4) Decrease in total Gold for sale by 10.93 Gold
5) Increase in MYR for sale/Gold for sale by MYR 11,475.10/Gold

Malaysians selling MYR @ 0.002 gold/MYR
1.) Tyson Tan
2.) Mon Ami
3.) Hurpy McDerperson
4.) Akping
5.) Yenny Lau
6.) The Central bank of Malaysia
7.) Amli Nujhan
8.) RX 0 Unicorn Gundam
9.) pirat iron1

Thank you for reading.

Regards;

Comments

Tyson Tan Day 1,393, 04:40

Great Analysis!!! 🙂

Buntak Dayung Bluesavvy Day 1,393, 04:42

sure.....

Firebourne Day 1,393, 04:46

Thanks! xD

infinityReborn Day 1,393, 05:35

MYR now is too much 😛

Firebourne Day 1,393, 05:42

Yeah... That's why we need to figure a way out in getting those surplus MYR in the market back into the hands of the eGovernment. We need to do a proper long term plan that will not affect the general public.

I'm already preparing a new taxation structure for the third phase... Hopefully that will help..

GekkoMoria Day 1,393, 06:00

definitely.....

infinityReborn Day 1,393, 09:32

actually we don need bother the MYR too much on forgein because as long admin keep print new MYR, it is non stop.

1. never use GOV gold to buy those MYR back. not worth.

Firebourne Day 1,393, 11:20

@infinityReborn: Actually, we should. Yes, the admins "may" print some currencies, but doesn't mean we can't do anything to limit the damage being done which is why I'm investigating deeply into this.

I do agree with you though that using eGov's money or gold in the MM isn't beneficial, which is why I find it odd that our central bank has placed MYR 20,000 in the monetary market.

infinityReborn Day 1,394, 03:50

the 20K MYR in MM is place by me. when i still a MoF.

the source of this problem is MYR increase too much compare to the gold increase.

so, the best way is you guy import or do as i suggest.
then you sold the earned gold for MYR and buid storage or Q4 raw material.

this is only solution i can provide, increase gold into emalaysia player by import and "import"

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