On last 15th to 17th, I was in UMS, Sabah attended and presented a paper in 3rd International Borneo Bussines Conference (IBBC). This is the first time i went there and i had some new experiences. A bitter and nice one's.
The topic i had presented is "The applicability of Gold Dinar in hedging prices". Basically, this paper proves the stability of gold dinar compared to US dollar in stabilizing prices. Three main commodities have been chosen to be analysed which are oil prices, consumer goods prices and construction prices. The data was taken from National Statistical Department and the research year is between 1996 to 2005.
Findings shown that, gold dinar is succeed to stabilize prices compared to US dollar. You can see to this graph below.
You see..how stable it is (gold dinar..)!
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