Anytime is a good time to buy...........BUT if you are lookin for a fast gain, gold's
probably Not for you.......................

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Added on August 10, 2011, 10:34 amWritten by a Yank



This post has been edited by prophetjul: Aug 10 2011, 10:34 AM

how fast is consider fast gain? 1 month?

Hold at least 2 to 3 years

hi guys,

has anyone here ever withdrawn physical gold from CIMB gold dep. acc before? They do hv physical delivery but they cant tell me for sure the maker of the gold bar and whether it came with certificate or not! Any idea pls?

gold is USD 1776 per oz now you will see the price hit another record high above $1900/oz in one month time. Grab yourself a few grams bro!

You guaranteee?

According to historical figures from 1500 -> 1650 -> 1750 within a month

This post has been edited by monsta2011: Aug 10 2011, 12:59 PM

Then it is good to buy paper gold?

Wise will bring us prosper

Greed will bring us disaster

i have both..........

Paper gold is more liquid *in my opinion*

Yes. Thats true.....provided nothing happens to the financial world.

Also coins has numistatic values.....some with much higher premiums

I would say this. When i invested in Maybank GSPA in May 2010, many ppl (some on this forum) mentioned that the price is too high, bla bla bla. I bought at RM 131.55 per gram then. Latest current price is RM 172.34 (buying RM164.34).

So im saying this again. Dont waste time analysing gold performances. Just start investing. The longer you waste time commenting in here without investing, the lesser your long term income is gonna be. But go over to UOB as the spread there is only RM2 not RM 7 like in Maybank.

There is no best time to buy gold. Just get on the band wagon and make money. Everything is a risk. Nobody can predict what will happen in the future but gold is worth taking the risk.

In my opinion, paper gold for short term.. if want long term 2-3 years.. better go for real gold

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Added on August 10, 2011, 2:10 pmYes, i agreed! But paper gold for long term? hmm....

This post has been edited by insaint708: Aug 10 2011, 02:10 PM

yea same here but i tot 131.55 was something like early this yr or so?
cuz i got it around 135+ in feb 2011

Doesnt matter be it a paper or a real one it is still the sexy gold.

i disagree with this.

It took me 3 years to study abour gold way back in 1999. Bought my first in 2002.
Its always good to know what you are getting into AND
its also the Knowledge to know

WHEN TO GET OUT.

btw i bought PBB gold a/c in 2009 at the reversal at Rm90

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Added on August 10, 2011, 2:35 pmHad a look at the title of thread



Wheres oil now? Total disconnect!

This post has been edited by prophetjul: Aug 10 2011, 02:35 PM

Paper gold look good becoz its liquid, however since its not according to shariah. many muslim still hold back for it. except for KFH paper gold.

and KFH does not have many branches in Malaysia.

so for muslim, they back to square one. Thats why for them, its easier to get physical gold compared to paper gold. eventhough in my opinion, its easier to liquidize paper gold compared to physical. plus safer. However muslim in this country, many of them will stick to the rules so they will avoid paper gold that not according to shariah.

if maybank or cimb or public bank can captured this moment, introduce paper gold that according to shariah, i believe they can attract alot of muslim investor.

for muslim, this is their concern
http://zaharuddin.net/pelaburan-&-perniaga...k-malaysia.html

Just a matter of interest. How does KFH paper gold differ from others as Syariah compliant?

Of course you need to do your own research. I didnt mean dont analise. Just look at some of the comments here. These are not ppl who are analysing. These are doubters. These are ppl who are waiting for all the indicators to look perfectly good before moving into it. Yes i too analysed but i surely didnt spend a few years doing that. Sometimes we wait too long for the perfect chance and when it comes, we end up waiting for something even better.

Many of those who said that buying at 131.55 at that point in time was a mistake are also those who are saying that 172.34 today is also too high. Believe me, they will also say the same thing when the price hits RM 180 and above. In the end, they just wont buy but they will continue 'analysing' repeatedly.

Ppl must realise that gold investment is highly volotile. There is no such thing as a perfect time. You may get a better time than others but there's a certain element of luck involved. When i bought mine in May last year, the following week it dropped to below RM 130 so yes that was a better time but the only thing that means is less income compared to those who bought at the later price. But what 'irritates' me are ppl who continue to doubt and dont bother investing and then as the price goes up they keep saying its too high.