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

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Jactiego
post Aug 25 2011, 11:46 AM

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where can purchase silver? i saw public gold sold silver , but if i buy with public gold , when the silver rising , where i find buyers to buy silver with me?LOL
cybermaster98
post Aug 25 2011, 11:47 AM

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QUOTE(monsta2011 @ Aug 25 2011, 11:28 AM)
The article was written in Nov 2010. Now we perhaps have entered the mania stage.
Read the article carefully. It states that we're looking at the Awareness Stage. That was back in Nov 2010. Meaning they were still at the Stealth Stage at that point in time.

So based on current price increases/drops, i would say that we are probably in the bear trap. But the question is are we at the bottom of the bear trap or just entering? Personally, i dont think we've hit bottom yet. We might hit bottom next week or next month. I think there's still room for more correction to come.

xproc
post Aug 25 2011, 11:49 AM

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QUOTE(cybermaster98 @ Aug 25 2011, 11:47 AM)
Read the article carefully. It states that we're looking at the Awareness Stage. That was back in Nov 2010. Meaning they were still at the Stealth Stage at that point in time.

So based on current price increases/drops, i would say that we are probably in the bear trap. But the question is are we at the bottom of the bear trap or just entering? Personally, i dont think we've hit bottom yet. We might hit bottom next week or next month. I think there's still room for more correction to come.
*
if i look at the 60 day chart... its more like a bull trap... lets see what its happens later...
anechoic
post Aug 25 2011, 11:50 AM

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QUOTE(cybermaster98 @ Aug 25 2011, 11:47 AM)
Read the article carefully. It states that we're looking at the Awareness Stage. That was back in Nov 2010. Meaning they were still at the Stealth Stage at that point in time.

So based on current price increases/drops, i would say that we are probably in the bear trap. But the question is are we at the bottom of the bear trap or just entering? Personally, i dont think we've hit bottom yet. We might hit bottom next week or next month. I think there's still room for more correction to come.
*
hope so..then i can go uob open gold account for long term saving..


khun_khun
post Aug 25 2011, 11:56 AM

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hi...... im just want to asking about Pamp gold bar. we knew we must make sure gold still seal on packaging right?

but im just realized in front of packaging has some plastic layer and I saw this layer is so easy to peel off starting from corner. so.... will it affect the packaging if this layer peel off? and is this plastic layer same applied in mobile screen?
Alexdino
post Aug 25 2011, 12:07 PM

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should i pump in a few now? to enhanced the bull trap and pump more later at mean?..or should i wait it to mean?

This post has been edited by Alexdino: Aug 25 2011, 12:09 PM
joey85
post Aug 25 2011, 12:21 PM

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cannot predict much >.< some said will increase after these days dipping.. but some others said it will continue dipping

depends on ur own faith actually... every investment has its risk and gain...

for me.. since the $$ in the gold investment are extra.. so i will hold 1st and see the market sentiment...
arrsoo
post Aug 25 2011, 12:40 PM

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QUOTE(khun_khun @ Aug 25 2011, 11:56 AM)
hi...... im just want to asking about Pamp gold bar. we knew we must make sure gold still seal on packaging right?

but im just realized in front of packaging has some plastic layer and I saw this layer is so easy to peel off starting from corner. so.... will it affect the packaging if this layer peel off? and is this plastic layer same applied in mobile screen?
*
dun worry, if the peel off happened by itself naturally over time, it wont affect its value. But dun EVER try to peel it off by yourself, else you will cry when wanna sell it off as they might think you hv tampered with the gold inside

This post has been edited by arrsoo: Aug 25 2011, 12:41 PM
Alexdino
post Aug 25 2011, 12:49 PM

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world price now reached lowest at 1739 usd/ounce
mamet
post Aug 25 2011, 12:53 PM

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QUOTE(Alexdino @ Aug 25 2011, 12:07 PM)
should i pump in a few now? to enhanced the bull trap and pump more later at mean?..or should i wait it to mean?
*
trade with trend .. enjoy the ride biggrin.gif
monsta2011
post Aug 25 2011, 01:06 PM

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QUOTE(Alexdino @ Aug 25 2011, 12:49 PM)
world price now reached lowest at 1739 usd/ounce
*
This is exciting, lets hope it's a fake burst lol
cybermaster98
post Aug 25 2011, 01:09 PM

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QUOTE(Alexdino @ Aug 25 2011, 12:49 PM)
world price now reached lowest at 1739 usd/ounce
Now at US$1,735. Maybank trading at RM170. It will be interesting to see what happens when US stock markets open in 8 hrs as they are now hit by the resignation of the Apple CEO, Steve Jobs

SUSbuysell
post Aug 25 2011, 01:13 PM

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QUOTE(cybermaster98 @ Aug 25 2011, 01:09 PM)
Now at US$1,735. Maybank trading at RM170. It will be interesting to see what happens when US stock markets open in 8 hrs as they are now hit by the resignation of the Apple CEO, Steve Jobs
*
Decreasing so fast? Will it decrease some more? Is this the best time to buy gold? drool.gif
lee90
post Aug 25 2011, 01:15 PM

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lolz, i just opened a Gold Saving account at UOB this morning, quote me RM170.10/g


Alexdino
post Aug 25 2011, 01:17 PM

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QUOTE(lee90 @ Aug 25 2011, 01:15 PM)
lolz, i just opened a Gold Saving account at UOB this morning, quote me RM170.10/g
*
i think later will drop to rm16X range


Added on August 25, 2011, 1:18 pm
QUOTE(cybermaster98 @ Aug 25 2011, 01:09 PM)
Now at US$1,735. Maybank trading at RM170. It will be interesting to see what happens when US stock markets open in 8 hrs as they are now hit by the resignation of the Apple CEO, Steve Jobs
*
Stock market surely gonna get hit, but how about gold?

This post has been edited by Alexdino: Aug 25 2011, 01:18 PM
lee90
post Aug 25 2011, 01:19 PM

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QUOTE(Alexdino @ Aug 25 2011, 01:17 PM)
i think later will drop to rm16X range


Added on August 25, 2011, 1:18 pm

Stock market surely gonna get hit, but how about gold?
*
168.50 now for UOB
Alexdino
post Aug 25 2011, 01:21 PM

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QUOTE(lee90 @ Aug 25 2011, 01:19 PM)
168.50 now for UOB
*
yup.. world price keep dropping in last 10 minutes
hidzwan
post Aug 25 2011, 01:24 PM

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well, seeing it goes down like that it surely look like a bull trap isn't it?

kevyeoh
post Aug 25 2011, 01:24 PM

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wah...heart attack ....
after i pump in so much money only drop... @%@#$^#^

pubmut
post Aug 25 2011, 01:24 PM

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My 2 oz worth:

The phases of the market requires more than one factor to consider. One can speculate/pontificate at which point it is but if one is not at least doing his/her research into various factors influencing the price of metals, he/she is merely a gambler trying to time the market.

Here's a thought for all who think they are savvy:

We know that we are facing a rather inflationary period at the present moment. Food prices, fuel prices, goods prices going up.

So, how is inflation computed and expressed as?

We know (or at least I believe) that the inflation numbers are highly manipulated by the powers that be.

So, if gold has no intrinsic value other than a hedge for inflation, then what is the value of gold at the very least?

Has somebody connected the dots yet? doh.gif

Lastly, for those who believe in the safety of bank safe deposit boxes, here's an article you should be aware of..

British Govt steals people's bank deposits

Got a headache yet? rclxub.gif

Take 2 ozs of gold/silver and call me in the morning...heheh tongue.gif



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