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

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Jutawan
post Jul 4 2011, 04:22 PM

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QUOTE(arthurlwf @ Jul 4 2011, 02:04 PM)
Currently the gold price is RM 140+ per gram, and is it possible for the price to drop to less than RM 10 per gram?
Something like stock market crash..Anybody got any idea and why??? Thxs
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Your RM140/gram is for 999.99 carats or 916 carats? Where is your source actually?
Jutawan
post Jul 7 2011, 05:56 PM

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QUOTE(FrancescoTop8 @ Jul 6 2011, 11:44 PM)
1.) Heard rumours that Kijang Emas produced from Malaysia`s very own gold, not imported from other country.
And, Malaysia`s gold are high quality compared to others.
E.g : Malaysia, Brunei & Libya oil are very high quality compared to Saudi`s.  Mostly used for aeronautical & sophisticated engineering.
When U.S attack Libya, oil supply were halted although Libya only exported small percentage of world`s oil consumption.
That because, Libya`s oil are real gem of oil(The black gold). Get the ideas why U.S & Europe hit Gaddafi like crazy.
2.) Kijang Emas & Dinar Kelantan also from virgin gold, not scrap gold like several manufacturers.
I do own Turkiye gold but after suspicious that it not from virgin gold, i release most of my Turkiye gold. I also heard the same case from private manufacturers like Public Gold. 

3.) Owning a Kijang Emas like owning a real value of Malaysia.
Since most wealthy countries backed their currency with gold reserves, thus owning Kijang Emas means u have part of Malaysia harta. brows.gif

4.) Kijang Emas also rarely manufactured because it only used gold from Malaysia soil.
Same like Dinar Kelantan which only produced from Kelantan`s very own gold. 
That`s the reason why kijang Emas & Dinar Kelantan not easily available.

Bear in mind that all of my statements above are rumours/hearsay and not backed by facts. icon_rolleyes.gif  icon_rolleyes.gif
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Owning our own gold, owning part of Malaysia. that's cool.
Jutawan
post Jul 9 2011, 10:25 AM

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Price of Gold is skyrocking right now!!!
Jutawan
post Jul 14 2011, 08:02 PM

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Price of gold rose like crazy this week. Why? Any good reasons? USD continue to weakening?
Jutawan
post Jul 16 2011, 12:50 PM

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I f i do have RM5,000 of cash money, what are the best combination of gold investment that i should go to? Which type of physical or passbook should i got to? Can profits in 6 months time this year? Care to advise?
Jutawan
post Jul 16 2011, 02:12 PM

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QUOTE(azizulego @ Jul 16 2011, 01:38 PM)
Get any 1 oz gold.. (Kijang emas, pamp, perh... etc..)
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Would it be better to diversify my buying of various gold weight and buy when low periodically rather than buying in lump sump?

Next question?

Which is the best Gold Bullion Coin to buy from UOB bank? Is there many available unlike Kijang Emas in Maybank that always out of stock?
Jutawan
post Jul 18 2011, 04:48 PM

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QUOTE(97th Mobile @ Jul 18 2011, 04:09 PM)
Agreed with cherroy thumbup.gif

I feel that the gold investment entry is too high and the ROI percentage or real money gain per money invested is too low compare with some of my other investment. This opinion may also be due to my limited funds.

That does not mean i don't invest in gold, but i also invest in stocks and properties, which also gives me good return as i tend to look for low entry investment. "Buy low Sell High" that is what all guru's advice he he.

every investment have it's days of boom and bust, in USA the late 90's it's tech stock, in early 2000 period it's property boom. All the boom will make you rich and all the bust will make you cry.

The gold boom started in early 2000, after 7-9 years boom (depending when you count the gold boom start) i started wondering when the party will stop?
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To have the appropriate investment knowledge is important right + diversification. cool2.gif

At the end of the day, we profit form our investment + calculated risk.

p/s : Gold price is rising like 'hell' this week... waiting for the next drop.

p/s 2: Nobody knows about Dinar Kelantan here???
Jutawan
post Jul 20 2011, 07:51 PM

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QUOTE(khun_khun @ Jul 20 2011, 12:06 AM)
just simple like that?
dont need fill any form?
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Only at Jalan Raja Laut UOB branch only got physical gold? Wht about Shah Alam branch?
Jutawan
post Jul 21 2011, 01:30 PM

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QUOTE(kelvyn @ Jul 21 2011, 09:45 AM)
You don't buy gold for short term. You go for long term with gold.  biggrin.gif
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Yup, long term like unit trust right?Or not...
Jutawan
post Jul 22 2011, 07:49 PM

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QUOTE(Irresistible @ Jul 21 2011, 07:02 PM)
Is now the right time to purchase GOLD ?
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Better wait for correction, might be happening next week or next 2 weeks. Let us wait and see... if not, just buy lor...
Jutawan
post Aug 10 2011, 06:24 PM

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QUOTE(xproc @ Aug 10 2011, 06:04 PM)
PBB also 20 g... same starting, just UOB not let you withdrawn in form of physical gold (its up to thier decision)

UOB GIA from year 2010 if i not forget.


Added on August 10, 2011, 6:13 pm

agree, i keeep looking at rm 130 i think its high and i told myself i should wait,

wait until now i opened at public bank GIA this monday at 170. its not worth waiting at all
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I do got price at 148 and 152 for GIA Maybank. When i want to increase my savings last week.. the price already shoot up to RM172.

p/s : I have already grab the opportunities, how about you... don't just ask...ask...ask... blush.gif But no action???
Jutawan
post Aug 13 2011, 10:50 PM

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QUOTE(echoesian @ Aug 12 2011, 05:35 PM)
It'll be going for a correction to $1600~ish /oz for the next couple of weeks
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I am hoping for this correction in the next 2 weeks. To add my gold stocks. Any news for US for more method to strength their USD or overcome debt problem? blush.gif
Jutawan
post Aug 17 2011, 12:14 PM

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Spot Gold still rising today, maybe gonna hit 1800 points level next week?
Jutawan
post Aug 19 2011, 09:47 AM

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QUOTE(lustman @ Aug 19 2011, 05:19 AM)
i've read many people are complaining about the spread is too high blah blah blah, which stop them opening any of the bank's account without realizing one major thing........ price in increasing every second.

just a reminder.
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People who is always chatting bla.. bla.. bla... but no action is a 'rugi' person. biggrin.gif Just chat3x, but no 'execution'! cool2.gif
Jutawan
post Aug 25 2011, 10:26 AM

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QUOTE(OneBuck @ Aug 25 2011, 10:20 AM)
Mania will happen when Pakcik Guard saying his gold account had increase 100% and all his friend taxi driver now becoming full time PG dealer.
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PG Dealer... you are really funny. biggrin.gif

Gold price is making correction today.. make your buy now. blush.gif Gone to Maybank to top up my GIA account.
Jutawan
post Aug 26 2011, 10:45 AM

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QUOTE(prophetjul @ Aug 26 2011, 08:18 AM)
my advice: Dont invest in something you dont understand..........if you really interested, reda up on the subject first.
Dont buy because its the Hottest thing in town........dont be a sheeple.
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You are right, even in gold there is no such thing of Quick Rich Scheme!!! blink.gif

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