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

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lustman
post Aug 19 2011, 05:40 PM

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anyone bought lady fortune PAMP 5g before? a seller wants to sell at RM900. what do you think?

i don't follow the physical pricing bcos all mine is with KFH.

This post has been edited by lustman: Aug 19 2011, 05:41 PM
monsta2011
post Aug 19 2011, 05:46 PM

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QUOTE(SilentSerpent @ Aug 19 2011, 04:59 PM)
i was thinking of buying next week. or should i wait for correction?
aaaaaa
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Please make sure u buy some first so that you don't miss the ride again for waiting. Reserve some money for correction later (if there is any).


Added on August 19, 2011, 5:51 pmI hope Wall St can pump out some good news to ease the panic. The Morgan Stanley report published yesterday killed the market. gosh.

This post has been edited by monsta2011: Aug 19 2011, 05:51 PM
Nidz
post Aug 19 2011, 05:54 PM

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QUOTE(lustman @ Aug 19 2011, 05:40 PM)
anyone bought lady fortune PAMP 5g before? a seller wants to sell at RM900. what do you think?

i don't follow the physical pricing bcos all mine is with KFH.
*
PAMP one got cert right? if u dun want, pass the deal to me la bro. brows.gif
lustman
post Aug 19 2011, 05:57 PM

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QUOTE(Nidz @ Aug 19 2011, 05:54 PM)
PAMP one got cert right? if u dun want, pass the deal to me la bro. brows.gif
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i think for small 1/5/10g no cert
spikyz
post Aug 19 2011, 05:58 PM

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it comes with the packaging, at the back of d packaging, got some no, is that the serial no?
joey85
post Aug 19 2011, 05:59 PM

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QUOTE(spikyz @ Aug 19 2011, 05:58 PM)
it comes with the packaging, at the back of d packaging, got some no, is that the serial no?
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im just about to ask how does the cert look like... so it is just the packing of the PAMP? ya saw before... got serial no. at the packing tongue.gif
lustman
post Aug 19 2011, 06:00 PM

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QUOTE(spikyz @ Aug 19 2011, 05:58 PM)
it comes with the packaging, at the back of d packaging, got some no, is that the serial no?
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yes
trumpfnx
post Aug 19 2011, 06:03 PM

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RM900/5 = RM180/gm good deal for current price.
cybermaster98
post Aug 19 2011, 06:07 PM

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Whats the best place to buy solid gold? Which bank and what price now?
jun16
post Aug 19 2011, 06:21 PM

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QUOTE(nick.woocs @ Aug 19 2011, 05:21 PM)
if you bought this morning using uob, u already making a profit by the time they close at 5pm..lol
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what is uob price at 5.00pm?? rclxub.gif
they website only show 1.54pm price

This post has been edited by jun16: Aug 19 2011, 06:24 PM
arrsoo
post Aug 19 2011, 06:50 PM

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QUOTE(lustman @ Aug 19 2011, 05:40 PM)
anyone bought lady fortune PAMP 5g before? a seller wants to sell at RM900. what do you think?

i don't follow the physical pricing bcos all mine is with KFH.
*
Bro,

RM900 looks like a good deal but make sure it comes with a valid receipt, and that it is not opened. 1 think you need to know is that for PAMP suisse fortuna, if you r thinking of buying for investment, make sure u dont ever open it, or else, no one will buy it from you next time
cybermaster98
post Aug 19 2011, 06:56 PM

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QUOTE(jun16 @ Aug 19 2011, 06:21 PM)
what is uob price at 5.00pm?? rclxub.gif
they website only show 1.54pm price
Dont bother bout the closing prices in Malaysia today. Gold has gone parabolic! Unless something 'good' happens on Wall Street today, gold prices will be much higher on Monday. European markets are already down in trading so US is expected to go down further when it opens in 3 hrs.

If market sentiments remain, i expect gold to hit RM 185 on Monday. Its currently trading at US$1,877.

http://www.bloomberg.com/



TruthHurts
post Aug 19 2011, 06:56 PM

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Gold price up !! WALAUUU !! biggrin.gif ~~ RM180/g

But i cant buy much now.. cry.gif . Good thing i bought a lot. biggrin.gif

lustman
post Aug 19 2011, 07:06 PM

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QUOTE(arrsoo @ Aug 19 2011, 06:50 PM)
Bro,

RM900 looks like a good deal but make sure it comes with a valid receipt, and that it is not opened.  1 think you need to know is that for PAMP suisse fortuna, if you r thinking of buying for investment, make sure u dont ever open it,  or else, no one will buy it from you next time
*
thank you everyone for your reply and i appreciate it very much.

yes i know it's a good deal and yes it's sealed and i intend to keep for long term.

actually i've asked if he has more so that i can make the same offer here but only last piece. maybe he has other lubang. see what i can find out.

thanks again everyone.

now it's already at $1870, go grease lightning....(some of you, youngster may not seen the movie, go check it out) icon_idea.gif
benedict1213
post Aug 19 2011, 07:28 PM

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is that healthy for GOLD surge from July 2011 (USD1487) until now with no correction at all...
lee90
post Aug 19 2011, 08:55 PM

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QUOTE(benedict1213 @ Aug 19 2011, 07:28 PM)
is that healthy for GOLD surge from July 2011 (USD1487) until now with no correction at all...
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The price is dropping now
EvOKIdZ
post Aug 19 2011, 10:11 PM

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just go to UOB website to check GIA Selling & buying rate
So now bank is selling 177.80 & Bank buying at 175.80?
What is the different of Premier Gold Account of UOB?
nick.woocs
post Aug 19 2011, 10:13 PM

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QUOTE(EvOKIdZ @ Aug 19 2011, 10:11 PM)
just go to UOB website to check GIA Selling & buying rate
So now bank is selling 177.80 & Bank buying at 175.80?
What is the different of Premier Gold Account of UOB?
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Premier Gold Account is when you have RM177800 to buy a kilo of gold and any sub-sequences purchase of gold will be a minimum of 1kg. brows.gif


Added on August 19, 2011, 10:13 pmand the rm177.8 is old price d. latest should be somewhere nearer to rm179 if im not mistaken

This post has been edited by nick.woocs: Aug 19 2011, 10:13 PM
FrancescoTop8
post Aug 19 2011, 10:14 PM

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QUOTE(benedict1213 @ Aug 19 2011, 07:28 PM)
is that healthy for GOLD surge from July 2011 (USD1487) until now with no correction at all...
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It does endure few minors correction.

I think the surge of gold currently is healthy if you look at it`s fundamental :
i) U.S debt ceiling resolution & downgraded.
ii) The diminshed of EU .
iii) Rise of inflation in China.
iv) Others (bla,bla,bla..)


At 1st half of 2011, most of the fundamentals are weak and don`t carry much weightings such as :
i) U.S job data & unemployment report
ii) Most of the fundamental is mainly about EU debt.
iii) Others (bla,bla,bla..)


EvOKIdZ
post Aug 19 2011, 10:17 PM

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QUOTE(nick.woocs @ Aug 20 2011, 02:13 AM)
Premier Gold Account is when you have RM177800 to buy a kilo of gold and any sub-sequences purchase of gold will be a minimum of 1kg. brows.gif


Added on August 19, 2011, 10:13 pmand the rm177.8 is old price d. latest should be somewhere nearer to rm179 if im not mistaken
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ok thanks... so whr can i check the latest price?

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