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 Buying Gold As Investment V2, 2011 Gold Rush From Oil Hype

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yummydummy
post Apr 7 2011, 10:01 PM

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oh ok nod.gif
but then if i wanna buy physical gold do they sell them at minimum amount of?
eg: paper gold got 10grm minimum for starting.
ahmadtarmizi88
post Apr 7 2011, 10:08 PM

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QUOTE(yummydummy @ Apr 7 2011, 10:01 PM)
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oh  ok  nod.gif
but then if i wanna buy physical gold do they sell them at minimum amount of?
eg: paper gold got 10grm minimum for starting.
*
there are too many gold were minted thru many company
the most famous in malaysia is Public Gold,
as u were really new bout physical gold,
i advice u to know closer with public gold,
they have goldbar from 20gram, 50gram, 100gram and 250gram
but other company got smaller amount such as 1gram, 2 gram, 5gram

for you, kick start, i prefer u buy public gold product.
because their policy guarantee buyback make them strong in malaysia ( even ur goldbar cutting of into two)
yummydummy
post Apr 7 2011, 10:20 PM

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owh heard bout it before but at that time not interested

thought u one of PG int dealer right?

where to find latest gold rate?
ahmadtarmizi88
post Apr 7 2011, 10:26 PM

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QUOTE(yummydummy @ Apr 7 2011, 10:20 PM)
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owh heard bout it before but at that time not interested

thought u one of PG int dealer right?

where to find latest gold rate?
*
yes i m PG dealer, but i slow down and switch to other product smile.gif
for new comer, i introduce about PG, because easy to understand.

here!
u can check latest rate, updated every 20minutes.
http://www.publicgold.com.my/liveprice.html

This post has been edited by ahmadtarmizi88: Apr 7 2011, 10:27 PM
yummydummy
post Apr 7 2011, 10:30 PM

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alright thanks for helping out
got lot more research to do
after all clear ill come back later

thanks
biggrin.gif
cherroy
post Apr 8 2011, 10:45 AM

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Thank you.
peachmonkey
post Apr 11 2011, 07:39 AM

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QUOTE(ahmadtarmizi88 @ Apr 7 2011, 10:08 PM)
there are too many gold were minted thru many company
the most famous in malaysia is Public Gold,
as u were really new bout physical gold,
i advice u to know closer with public gold,
they have goldbar from 20gram, 50gram, 100gram and 250gram
but other company got smaller amount such as 1gram, 2 gram, 5gram

for you, kick start, i prefer u buy public gold product.
because their policy guarantee buyback make them strong in malaysia ( even ur goldbar cutting of into two)
*
Hi there, can I ask some questions also? smile.gif

Say I buy Public Gold (physical gold). When I want to resell back the gold, can I sell anywhere (bank, goldsmith, eg.) or must I sell back to Public Gold also? Because it seems the spread for buy/sell is quite big.
prophetjul
post Apr 11 2011, 08:52 AM

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Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!! whistling.gif whistling.gif

Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!! whistling.gif whistling.gif

http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03
xcarfieldx
post Apr 11 2011, 09:50 AM

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I'm newcomer here. Wish to know that, if I buy the physical gold, is that mean I can take the gold bar and sell it at other places? And if I buy public gold, I can only sell in at the current bank that I bought from?

Secondly, I want to ask is this a good timing to buy gold? From the publicgold website, it seem that the price of gold and silver is increasing. I wonder are they hitting the peak already? Or should I wait them fall?

pubmut
post Apr 11 2011, 10:48 AM

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QUOTE(aaronpang @ Mar 20 2011, 10:27 AM)
It helps if you let us know what measurement are you're using is it % or finesse?

To my knowledge purest bullion in % is the Canadian Maple... 99.999% Gold. In practice 99.99% is already consider pure gold.

*
Aaron

I'm afraid the Maples are only 99.99% and cannot go any further.

However, there is one company that boldly claims the 5 x 9 purity and that would be Royal Silver.

Note also that this company is based in a Communist country, so there are uncertainties about their operations.

Rgds


Added on April 11, 2011, 10:50 am
QUOTE(prophetjul @ Apr 11 2011, 08:52 AM)
Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!!    whistling.gif  whistling.gif

Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!!    whistling.gif  whistling.gif

http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03
*
Looks like our money has been debased BIG TIME!

That doesn't look good for an election... tongue.gif

Rgds

This post has been edited by pubmut: Apr 11 2011, 10:50 AM
jphlau
post Apr 11 2011, 11:16 AM

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QUOTE(prophetjul @ Apr 11 2011, 08:52 AM)
Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!!    whistling.gif  whistling.gif

Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!!    whistling.gif  whistling.gif

http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03
*
something wrong with the system?? cannot believe gap between the buy and sale rate...
TSaeronic
post Apr 11 2011, 12:08 PM

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QUOTE(jphlau @ Apr 11 2011, 11:16 AM)
something wrong with the system?? cannot believe gap between the buy and sale rate...
*
something is wrong obviously
celicaizpower
post Apr 11 2011, 03:49 PM

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Hi Guys,

Since this is the "Gold" thread, I would like to ask your opinion on Samudra-GV. Any feedback on their stability and returns?

I am sorry if this is not the correct place to post this.
Havoc Knightmare
post Apr 11 2011, 04:28 PM

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Besides Gold and Silver, are there any ways to invest in other precious metals like platinum in Malaysia?
ahmadtarmizi88
post Apr 11 2011, 06:43 PM

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QUOTE(peachmonkey @ Apr 11 2011, 07:39 AM)
Hi there, can I ask some questions also? smile.gif

Say I buy Public Gold (physical gold). When I want to resell back the gold, can I sell anywhere (bank, goldsmith, eg.) or must I sell back to Public Gold also? Because it seems the spread for buy/sell is quite big.
*
hi there, yes, u call sell to other goldsmith or gold shop, but the spread is around 15% until 20%, hehe
and public gold only 6%, it is big enough? tongue.gif

erm,, my advice, don't sell to public gold, sell to our fren, maybe we can give them less rm100 from the market price.( example for 20gram)


Added on April 11, 2011, 6:45 pm
QUOTE(celicaizpower @ Apr 11 2011, 03:49 PM)
Hi Guys,

Since this is the "Gold" thread, I would like to ask your opinion on Samudra-GV. Any feedback on their stability and returns?

I am sorry if this is not the correct place to post this.
*
from our discussion among physical gold dealers, better u avoid this kind of scheme that offer by samudra.
gold is simple, u give ur money,. u get ur physical gold.


Added on April 11, 2011, 6:49 pm
QUOTE(xcarfieldx @ Apr 11 2011, 09:50 AM)
I'm newcomer here. Wish to know that, if I buy the physical gold, is that mean I can take the gold bar and sell it at other places? And if I buy public gold, I can only sell in at the current bank that I bought from?

Secondly, I want to ask is this a good timing to buy gold? From the publicgold website, it seem that the price of gold and silver is increasing. I wonder are they hitting the peak already? Or should I wait them fall?
*
if u buy physical gold, u cal sell at anytime at any place.

if u buy public gold goldbar, u can sell to anyone,

public gold is not public bank, public gold is a company that sell physical gold,
public bank is a bank biggrin.gif

good timing? i can't tell you because i m not advance in technical analysis, but u can contact me anytime if u think there is your right time to buy gold. i will guild u.


Added on April 11, 2011, 6:53 pm
QUOTE(Havoc Knightmare @ Apr 11 2011, 04:28 PM)
Besides Gold and Silver, are there any ways to invest in other precious metals like platinum in Malaysia?
*
on seminar day, one person ask Louis Ng ( public gold founder)

person : " if i have 1 million RM, what is your suggestion? gold or silver? "

Louis NG : turn all your money to silver.



This post has been edited by ahmadtarmizi88: Apr 11 2011, 06:53 PM
aaronpang
post Apr 11 2011, 10:51 PM

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QUOTE(prophetjul @ Apr 11 2011, 08:52 AM)
Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!!    whistling.gif  whistling.gif

Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!!    whistling.gif  whistling.gif

http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03
*
Typical screw-up again, it happens from time to time with MBB doh.gif

Just refer to BNM nod.gif

QUOTE(pubmut @ Apr 11 2011, 10:48 AM)
Aaron

I'm afraid the Maples are only 99.99% and cannot go any further.

However, there is one company that boldly claims the 5 x 9 purity and that would be Royal Silver.

Note also that this company is based in a Communist country, so there are uncertainties about their operations.

Rgds
*
I wonder if if Royal Silver claims are verified?

Anyway 99.999% Maples do exist they're called Special Limited Edition First Strike. Sadly very few are minted cry.gif

user posted image

It's also why I added in practice 99.99% is already considered pure.

Fortunately from time to time the Canadian mint does produce non-bullion 99.999% collectors coin.

http://www.mint.ca/store/coin/99999-gold-c...2010-prod820002

user posted image

This post has been edited by aaronpang: Apr 11 2011, 10:55 PM
ahmadtarmizi88
post Apr 11 2011, 10:54 PM

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most finest gold in the world
prophetjul
post Apr 12 2011, 07:35 AM

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QUOTE(aaronpang @ Apr 11 2011, 10:51 PM)
Typical screw-up again, it happens from time to time with MBB  doh.gif

Just refer to BNM  nod.gif
Thing is BNM showed the same! vmad.gif

Ahhhhh...now its corrected.......

http://www.bnm.gov.my/index.php?ch=12&pg=141


Added on April 12, 2011, 7:37 am
QUOTE(ahmadtarmizi88 @ Apr 11 2011, 10:54 PM)
most finest gold in the world
*
Finest its not.......finest is Perth mint.......the details on their coins are Exsquiste.....

user posted image


Added on April 12, 2011, 9:00 amIts still happening! vmad.gif

http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03


Added on April 12, 2011, 9:00 amAnd at BNM vmad.gif

http://www.bnm.gov.my/index.php?ch=12&pg=141

This post has been edited by prophetjul: Apr 12 2011, 09:00 AM
jphlau
post Apr 12 2011, 09:37 AM

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QUOTE(prophetjul @ Apr 12 2011, 07:35 AM)



Added on April 12, 2011, 9:00 amIts still happening!    vmad.gif

http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03


Added on April 12, 2011, 9:00 amAnd at BNM    vmad.gif

http://www.bnm.gov.my/index.php?ch=12&pg=141
*
maybe its the real market price... whistling.gif whistling.gif
jeff_v2
post Apr 12 2011, 09:42 AM

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any public gold dealer want to sell their 20g gold bars?
pm me ur best price ya, thanksss

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