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

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monsta2011
post Aug 11 2011, 01:28 AM

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Just bought myself 1.5 ounce of Gold ETCs nod.gif *riding on the bandwagon*
BrotherHoe
post Aug 11 2011, 03:05 AM

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i dont wanna buy physical gold, cause i doesnt know where to keep

and

i dont feel like getting gold account from bank

what best solution for me ?
wu ming
post Aug 11 2011, 03:13 AM

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QUOTE(BrotherHoe @ Aug 11 2011, 03:05 AM)
i dont wanna buy physical gold,  cause i doesnt know where to keep

and

i dont feel like getting gold account from bank

what best solution for me ?
*
Well, no need to buy then. biggrin.gif
DM3
post Aug 11 2011, 03:38 AM

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need to go KFH to check it out n buy more tongue.gif
monsta2011
post Aug 11 2011, 04:19 AM

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QUOTE(BrotherHoe @ Aug 11 2011, 03:05 AM)
i dont wanna buy physical gold,  cause i doesnt know where to keep

and

i dont feel like getting gold account from bank

what best solution for me ?
*
Buy a gold ring and where it. No storage or 'virtual' gold hassles. biggrin.gif
mfa333
post Aug 11 2011, 07:32 AM

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If buy gold from UOB (pamp specifically), do they provide any certificate?
prophetjul
post Aug 11 2011, 07:37 AM

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QUOTE(FrancescoTop8 @ Aug 10 2011, 11:38 PM)
Yeah man.
Some of them, come in to shake the forummer and bla,bla,bla...
Then, BANG they introduce their unrelated scheme or whatever they called it.

I appreciate any advise or remainder, but please don`t go overboard.
*
Hi Francesco

Methinks yer $1,500 is nomore......... tongue.gif
yacanni
post Aug 11 2011, 08:05 AM

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QUOTE(BrotherHoe @ Aug 11 2011, 03:05 AM)
i dont wanna buy physical gold,  cause i doesnt know where to keep

and

i dont feel like getting gold account from bank

what best solution for me ?
*
keep at tissue box brows.gif
cybermaster98
post Aug 11 2011, 08:10 AM

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QUOTE(cybermaster98 @ Aug 11 2011, 12:05 AM)
Gold prices just hit US$ 1,787. US stock market falls again. Waiting to see impact on Malaysia in the morning.
Gold is on another bull run. It has crossed the US$ 1,800 barrier per ounce for the 1st time in history. Lets see Malaysian prices when banks open in 1 hour.

For those of you still doubting, stop and get on the bandwagon before its too late.

lustman
post Aug 11 2011, 08:13 AM

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QUOTE(monsta2011 @ Aug 11 2011, 01:28 AM)
Just bought myself 1.5 ounce of Gold ETCs  nod.gif  *riding on the bandwagon*
*
ETC = Exchange Traded Comodities, right? similiar to ETF but none in malaysia

prophetjul
post Aug 11 2011, 08:28 AM

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Those who are interested in Fibonacci projections

GOLD (print this)

* MAJOR ONE up from $256 to $1,015
(actually 4 times the $255 low)
= FINISHED


*MAJOR TWO down from $1,015 to $699, say $700
(a decline of 31% Fibonacci)
= FINISHED


* MAJOR THREE up from $700 to $3,500
(a Fibonacci 5 times the $500 low prior)
= IN PROGRESS


* MAJOR FOUR down from $3,500 to $2,500
( a 29% decline)
= LATER


*MAJOR FIVE up from $2,500 to $10,000
(also a four fold increase, same as ONE)
= SUPER LATER

user posted image
monsta2011
post Aug 11 2011, 08:30 AM

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QUOTE(lustman @ Aug 11 2011, 08:13 AM)
ETC = Exchange Traded Comodities, right? similiar to ETF but none in malaysia
*
Yes you are right. I have a foreign trading account smile.gif
cybermaster98
post Aug 11 2011, 08:32 AM

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QUOTE(prophetjul @ Aug 11 2011, 08:28 AM)
Those who are interested in Fibonacci projections

GOLD (print this)

* MAJOR ONE up from $256 to $1,015
(actually 4 times the $255 low)
= FINISHED
*MAJOR TWO down from $1,015 to $699, say $700
(a decline of 31% Fibonacci)
= FINISHED
* MAJOR THREE up from $700 to $3,500
(a Fibonacci 5 times the $500 low prior)
= IN PROGRESS
* MAJOR FOUR down from $3,500 to $2,500
( a 29% decline)
= LATER
*MAJOR FIVE up from $2,500 to $10,000
(also a four fold increase, same as ONE)
= SUPER LATER
What time frames are we talking about here?
prophetjul
post Aug 11 2011, 08:35 AM

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[quote=cybermaster98,Aug 11 2011, 08:32 AM]
What time frames are we talking about here?
*

[/quote.
Methnks if anyone knew, he be God.... nod.gif
monsta2011
post Aug 11 2011, 08:55 AM

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Thought it will reach $1900 by next month who knows it's gona reach there by tomorrow / early next week !!!! rclxm9.gif
benedict1213
post Aug 11 2011, 09:04 AM

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QUOTE(prophetjul @ Aug 11 2011, 09:28 AM)
Those who are interested in Fibonacci projections

GOLD (print this)

* MAJOR ONE up from $256 to $1,015
(actually 4 times the $255 low)
= FINISHED
*MAJOR TWO down from $1,015 to $699, say $700
(a decline of 31% Fibonacci)
= FINISHED
* MAJOR THREE up from $700 to $3,500
(a Fibonacci 5 times the $500 low prior)
= IN PROGRESS
* MAJOR FOUR down from $3,500 to $2,500
( a 29% decline)
= LATER
*MAJOR FIVE up from $2,500 to $10,000
(also a four fold increase, same as ONE)
= SUPER LATER

user posted image
*
fibonacci! i study fibo as well. btw, what your favourite retrace level for Gold?


btw, CME Raises Margins for Trading Gold Futures by 22%. Effective after the close of US business on Thursday. Traders should look at the volatility in the gold market, which is rising for fundamental reasons. Higher volatility is an indicative of the perceived risk in the markets of the ability of the U.S. to deal with mounting debt issues, Fenton says. Certainly, Europe’s unfunded liabilities are a contributing factor. Hot monies flow into Gold but if there a good and reliable news could bring health for the country, gold might be hurt temporary.

prophetjul
post Aug 11 2011, 09:07 AM

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QUOTE(benedict1213 @ Aug 11 2011, 09:04 AM)
fibonacci!  i study fibo as well.  btw, what your favourite retrace level for Gold?
btw, CME Raises Margins for Trading Gold Futures by 22%.  Effective after the close of US business on Thursday. Traders should look at the volatility in the gold market, which is rising for fundamental reasons. Higher volatility is an indicative of the perceived risk in the markets of the ability of the U.S. to deal with mounting debt issues, Fenton says. Certainly, Europe’s unfunded liabilities are a contributing factor.  Hot monies flow into Gold but if there a good and reliable news could bring health for the country, gold might be hurt temporary.
*
i dont do Fib.

CME is a TOOL of the powers....... mad.gif

The USA is a RISK to the world.............so? rolleyes.gif
Superdude
post Aug 11 2011, 09:36 AM

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Public Bank Gold Investment Account as at 11/08/11 9:15 AM

Selling Price
RM 179.2600

Buying Price
RM 172.3400

wow...

This post has been edited by Superdude: Aug 11 2011, 09:37 AM
cybermaster98
post Aug 11 2011, 09:44 AM

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QUOTE(Superdude @ Aug 11 2011, 09:36 AM)
Public Bank Gold Investment Account as at 11/08/11 9:15 AM

Selling Price
RM 179.2600

Buying Price
RM 172.3400

wow...
Yes Maybank is selling at RM 178.91. Spread roughly the same between the both.
OneBuck
post Aug 11 2011, 10:03 AM

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QUOTE(BrotherHoe @ Aug 11 2011, 03:05 AM)
i dont wanna buy physical gold,  cause i doesnt know where to keep

and

i dont feel like getting gold account from bank

what best solution for me ?
*
Maybe you can buy gold company stock?

That is what Robert does. When someone complained to him about fuel price had increased, he bought oil company stock.

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