Tag: gold

  • Intrinsic Value: Gold & Silver VS Cryptocurrencies

    Intrinsic Value: Gold & Silver VS Cryptocurrencies

    Where lies the intrinsic value (IV) of gold & silver? Natural Desirability, the desire for it is embedded in the nature of man, therefore, it will never lose value. Refer to Quran 3:14, & also to the fact that the nisab of our zakat is pegged to the items mentioned in that verse. As long as the pillar of Zakat still stands, their value will stay.

    What about the “IV” of the cryptocurrencies? Momentary hype, that is its “IV”, it’s artificial desirability will maybe last for a couple of decades before its hollowness is clearly seen, just like the case of its father, the Fiat.

    Unless someone can assure us with their life that cryptocurrencies will stay on, I may reconsider this position. If you yourself believe that one day (no matter when that day is) its desirability will vanish, you have admitted that it is a very very bad candidate for being an islamically accepted money & currency.

     

     

    Source: Noor Deros

  • The Artist Behind The Golden Stairs: Is It Possible To Draw A Line Between Art And Vandalism?

    The Artist Behind The Golden Stairs: Is It Possible To Draw A Line Between Art And Vandalism?

    The artist Priyageetha Dia responded on her Facebook:

    Someone asked why would I do something stupid like that? Well yes, stupid it may seem to you. Was it done out of impulse? No. Is it because you Indian that’s why you like gold so much? *smacks forehead.

    This work has been on my mind for the past one month and I was definitely apprehensive on realising it until two days ago. The process was an invigorating one though I was apprehensive of the consequences I may face. At the end of the 5-hour long hushed deed, the intervention of the gold finally reverberated against the ever lifeless and grey architecture on the 20th floor of my block.

    My practice deals with spaces that negotiate concepts on the sacred, secular and the profane. As such, I am intrigued with spaces that I have inhabited over the course of 25 years as a HDB dweller and thus it has prompted me to intervene away from the household and into public spaces. But what constitutes public and private space? How does that apply along with the sacred etc.? And why gold? I would love to list down the conceptual reasoning of what the work is about but wouldn’t it make the work seem less interesting then?

    So, is it possible to draw a line between art and vandalism? I consider this work as art and not vandalism. Though one would say about the legal system and its regulations but I do believe I did not deface anything, what I did was to enhance the space and my surroundings. This work provokes. Provokes in all sense we are used to living the standard way of life, and all of a sudden something as glaring as gold negotiates the space. My work does not seek to obliterate a public space; vandalism in all sense has no respect for another individual.

    I do know the social responsibility of an artist (though I don’t consider myself an artist yet, cause it’s too much of an honorific term). I didn’t intend to please the public with my work but it was definitely a sense of satisfaction for me. After practising arts under the academy for almost 3 years, I needed to break away from that zone. What better way to make art and have it on display beyond the white cube.

    Source: Facebook

  • Table Tennis Duo Wins Second Gold For Singapore

    Table Tennis Duo Wins Second Gold For Singapore

    The men’s doubles pair of Gao Ning and Li Hu have won the Republic’s second SEA Games gold.

    The Singaporeans defeated Thailand’s Padasak Tanviriyavechakul and Chanakarn Udomsilp 4-0 in the final today (June 2) to claim gold in front of the home crowd at the Singapore Indoor Stadium.

    “I’m very happy to win this gold medal, especially here in Singapore on home soil,” said Gao Ning, after the match.

    Earlier today, the top seeded pair defeated Vietnam’s Tran Tuan Quynh and Nguyen Anh Tu in the semi-finals at the Singapore Indoor Stadium to qualify for a spot in the top two. The result meant that Singapore was assured of at least a silver from the duo.

    Teammates Clarence Chew and Chen Feng, who were gunning for a final spot, were eliminated in the semis after a heartbreaking 4-3 loss to Thailand. The Singaporeans were awarded the bronze medal as there is no playoff for the third spot.

    Team Singapore’s women’s doubles pairs of Feng Tianwei, Yu Mengyu, and Lin Ye and Zhou Yihan have already won gold and silver — the first medals for Singapore at the SEA Games — earlier today.

     

    Source: www.todayonline.com

  • Lin Ye And Zhou Yihan Win First SEA Games Gold For Singapore

    Lin Ye And Zhou Yihan Win First SEA Games Gold For Singapore

    Women’s doubles pair Lin Ye and Zhou Yihan have won Team Singapore’s first gold at the 28th South-east Asian (SEA) Games.

    The duo defeated top seeded teammates Feng Tianwei and Yu Mengyu 4-3 in the women’s doubles final at the Singapore Indoor Stadium today (June 2) to claim the first gold at the June 5 to 16 Games.

    Gao Ning and Yang Zi will contest the men’s doubles final against Thailand’s Padasak Tanviriyavechakul and Chanakarn Udomsilp later tonight in the fight for gold.

    Earlier today, Lin and Zhou as well as Feng and Yu defeated their opponents in their semi-finals.

    Feng and Yu defeated Malaysia’s Ho Ying and Lee Rou You 11-9, 11-7, 11-8, 11-4.

    Teammates Lin and Zhou had a tougher time on court against Thailand’s Nanthana Kumwong and Suthasini Sawettabut. The second seeded pair recovered from an early scare, losing the first two games 11-7, 11-9 before bouncing back to level the score at 2-2. The see-saw battle saw the scores level again at 3-3, before the Singaporeans rallied to win the decider 11-8 to raucous cheers from the crowd.

    “We feel really happy to secure both gold and silver for Singapore. The support from the fans really helped us in the crucial moments,” said Zhou after their semi-final match.

     

    Source: www.todayonline.com

  • Singapore Football Tackles Defence In Hunt For Gold

    Singapore Football Tackles Defence In Hunt For Gold

    Football coaches are wont to state the obvious that to win a match, their players must score goals. What they do not say often is that to avoid defeat, the team cannot afford to concede them.

    This has been the niggling problem for Singapore’s SEA Games under-23 football squad during their preparations in the past six months.

    Their losing streak includes a 5-0 drubbing by the Hamburger SV’s under-23 team, 3-0 to Yemen, as well as 8-1 and 3-1 defeats by the respective Japan and Cambodia under-22 teams.

    Three key weaknesses surfaced from those matches: The haphazard organisation of the backline, a lack of effective communication and players being intimidated by rivals who were faster and bigger.

    A tight defence inspires confidence in a team attempting to move forward in search of goals, and as the players prepare for their opening Group A match against the Philippines at Jalan Besar Stadium today, midfielder Anumanthan Kumar is confident that the defensive problems have been fixed.

    The 20-year-old has been fielded in central defence along with Amirul Adli by coach Aide Iskandar in recent matches, and he said assistant coaches S Subramani and Kadir Yahaya have helped them learn to cover each other more effectively.

    “After the string of losses, the defenders came together and worked with the coaches on ways to improve the defence and what we needed to do,” said Anumanthan.

    “We worked in the training sessions and found a lot of new ways to defend. Previously, our backline tended to get bullied by bigger and taller strikers, but we have come up with new strategies to handle them, and these seem to be working in our past few games.”

    During the team’s training tour in Japan last month, they lost 2-1 loss to fourth-division side Azul Claro Numazu, but bounced back to notch a 3-0 victory over Shinzuoka Sangyo University.

    They also beat Laos 5-1 and Timor Leste 3-0 in warm-up matches in the past week.

    Said Amirul: “The coaches have worked on the defensive organisation and how we move and gel as a unit. During the past few weeks, we worked on this area, and I think we are much better than we were previously.

    “We are also more compact, better organised and comfortable with one another in defence. There is confidence now that we have one another’s back and the belief that we can help the team get results.”

    Communication among players is key, and keeper Syazwan Buhari will play a crucial role in organising his backline to check looming dangers.

    “The coaches spotted areas on which I had to improve, and one of these is to talk more to the defenders to stop the shots at goal,” said the team’s No 1.

    “We worked on this in training, and in Japan, we performed better when we came under attack.”

    Singapore’s under-23 side are itching to get their first group fixture out of the way as they kick off their gold-medal campaign against the Philippines today.

    The Filipinos did not compete in the 2013 SEA Games in Myanmar, and they return to the biennial event this time with a squad comprising a mix of players who either turn out for university or the country’s United Football League teams.

    They have three foreign-born players, including Enzo Cheng and Dominic del Rosario, who were raised in Australia, Kennedy Uzoka from Nigeria and Filipino-British Connor Tacagni.

    Thirteen players also featured in the AFC U23 Championship two months ago in Bangkok, where they lost all their matches against Cambodia (3-1), Thailand (5-1) and North Korea (4-0).

    In their final tune-up for the Games, the under-23 Azkals last week trained in Blacktown, Australia, notching two wins and three losses in their friendly matches.

    The Filipinos, led by head coach Marlon Maro, are an unknown quality, but Aide cautioned against underestimating them.

    “In any tournament, opening matches are never easy, because everybody starts on the same level,” said the coach.

    “We are trying to settle down as quickly as possible to get our rhythm, and for the Philippines, they have nothing to lose playing against the home team.

    “We have a game plan and we just have to focus on what we need to do.”

    With the defensive leaks having been sorted out, Aide said everyone on the team could rely on one another to get the results, and he was going into the SEA Games more confident of their abilities.

    “We have been working hard in every department and it is paying off. Everybody now knows their role and I believe we won’t be conceding silly goals anymore,” he said.

     

    Football at the SEA Games

    When: June 1 to 15

    Where: Group A (Jalan Besar Stadium), Group B (Bishan Stadium), semi-finals and final (National Stadium)

    Number of medals: One (men’s football)

    Ticket prices: S$10, S$20

    *Tickets to the Singapore v the Philippines match are sold out.

     

    SINGAPORE’S SQUAD:

    S/N NAME POSITION CLUB

    1 Syazwan Buhari GK Courts Young Lions

    2 Rudy Khairullah GK Courts Young Lions

    3 Shakir Hamzah DF Courts Young Lions

    4 Al-Qaasimy Rahman DF Courts Young Lions

    5 Sheikh Abdul Hadi DF Courts Young Lions

    6 Fadli Kamis DF Courts Young Lions

    7 Amirul Adli DF Courts Young Lions

    8 Ho Wai Loon DF Balestier Khalsa

    9 Faris Ramli MF LionsXII

    10 Safirul Sulaiman MF Courts Young Lions

    11 Stanely Ng MF Home United

    12 Anumanthan Mohan Kumar MF Courts Young Lions

    13 Adam Swandi MF Courts Young Lions

    14 Suria Prakash MF Courts Young Lions

    15 Pravin Guanasagaran MF Courts Young Lions

    16 Shahfiq Ghani FW Courts Young Lions

    17 Sahil Suhaimi FW LionsXII

    18 Shamil Sharif FW Courts Young Lions

    19 Irfan Fandi FW Courts Young Lions

    20 Amy Recha Pristifana FW Courts Young Lions

     

    THE PHILIPPINES’ SQUAD:

     

    1 Florencio Badelic Jr GK Global FC

    2 Jaime Cheng GK Global FC

    3 Ace Villanueva GK UP and Pachanga Diliman FC

    4 Nathaniel Alquiros DF DLSU and Stallion FC

    5 Mark Besana DF UP

    6 Ian Clarino DF UP and Global FC

    7 Neil Dorimon DF SBC and Mendiola FC 1991

    8 Shirmar Felongco DF Stallion FC

    9 Francisco Santos DF UP and Pachanga Diliman FC

    10 Ronnie Aguisanda MF Green Archers United FC

    11 Arnel Amita MF FEU and Manila Jeepney FC

    12 Fitch Arboleda MF Stallion FC

    13 Paolo Bugas MF FEU and Global FC

    14 Dominic Del Rosario MF JP Voltes FC

    15 Daniel Gadia MF UP and Pachanga Diliman FC

    16 Paolo Salenga MF NU and Global FC

    17 Richard Talaroc Jr MF Global FC

    18 Connor Tacagni FW SBC and Mendiola FC 1991

    19 Kennedy Uzoka FW Green Archers United FC

    20 Jinggoy Valmayor FW UP and Pachanga Diliman FC

     

    Source: www.todayonline.com