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

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prophetjul
post Apr 25 2011, 02:09 PM

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QUOTE(pubmut @ Apr 25 2011, 01:11 PM)
Because of the recent topics about precious metals mentioned in the media, people are now beginning to pay attention to it and wanting to get in to make a fast buck without knowing the underlying fundamentals for purchasing them.

A lot of the newbies will get burnt. I say let them get burned because they won't even spend time studying the causes and effects and the impending event horizon.
*
i, for one, dont like to see anyone get burnt, mores os newbies.

Thats what these forums are for, IMO. to share info and help out.


ahmadtarmizi88
post Apr 25 2011, 02:25 PM

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QUOTE(Sifha238 @ Apr 25 2011, 11:52 AM)
Gold expert, all below is 999 gold 24k. But why sell on different price ??  icon_question.gif

100gram Pamp Suisse RM 15,581.49
100gram Lady Fortuna RM 15,734.52
100gram GCP RM 16,652.91
100gram Public Gold RM16,536.00
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PAmp suisse = casting = lower cost = international market.
Lady fortuna = minting = still lower cost = international market
GCP = minting = they use pamp suisse gold to make their product = market only in malaysia
PG = minting = they use pamp suisse gold to make their product = market only in malaysia
seiken
post Apr 25 2011, 04:27 PM

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If I wanna buy some gold e.g. Public Gold, what's the minimum amount?
ahmadtarmizi88
post Apr 25 2011, 04:37 PM

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QUOTE(seiken @ Apr 25 2011, 04:27 PM)
If I wanna buy some gold e.g. Public Gold, what's the minimum amount?
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for goldbar, minimum is 20gram, max is 250gram
for silver bar, minimum is 250gram, max is 1kg
driftmeister
post Apr 25 2011, 06:27 PM

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QUOTE(ahmadtarmizi88 @ Apr 25 2011, 04:37 PM)
for goldbar, minimum is 20gram, max is 250gram
for silver bar, minimum is 250gram, max is 1kg
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maybank lowest procurement is 5g rite?
ahmadtarmizi88
post Apr 25 2011, 06:37 PM

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QUOTE(driftmeister @ Apr 25 2011, 06:27 PM)
maybank lowest procurement is 5g rite?
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maybank offer you paper gold. not physical.
FrancescoTop8
post Apr 25 2011, 08:43 PM

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The more people buying, the better gold`s fundamental and future.
Its like majority, the higher majority means more powerful & less volatile/.
Dont fight the trend, follow it.
pubmut
post Apr 25 2011, 09:23 PM

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QUOTE(prophetjul @ Apr 25 2011, 02:09 PM)
i, for one, dont like to see anyone get burnt, mores os newbies.

Thats what these forums are for, IMO. to share info and help out.
*
Hi Prophetjul

I think that we've helped out quite a lot within these sub-topics and that for one who has just come in, should at least do a search, read the threads and do some web search for more information instead of just asking.

I reckon you did your own due diligence since you first got started, so did I.

I'd like to see a thread being content rich, not questions that an ongoing thread has addressed.

doh.gif

This post has been edited by pubmut: Apr 25 2011, 09:29 PM
ksc_3688
post Apr 25 2011, 11:15 PM

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If I'm to buy gold bar, which is best to buy?
From public gold, nubex or 1stopgold?

How about buying from gold shops ?


ahmadtarmizi88
post Apr 25 2011, 11:43 PM

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QUOTE(ksc_3688 @ Apr 25 2011, 11:15 PM)
If I'm to buy gold bar, which is best to buy?
From public gold, nubex or 1stopgold?

How about buying from gold shops ?
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public gold sell their own product
nubex selling gold but not their product, nubex is like third party
1stopgold? never heard before
kucingfight
post Apr 26 2011, 12:02 AM

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QUOTE(ksc_3688 @ Apr 25 2011, 11:15 PM)
If I'm to buy gold bar, which is best to buy?
From public gold, nubex or 1stopgold?

How about buying from gold shops ?
*
1stop gold= Pamps' official distro (MKS finance)

Google on it, u can't go wrong with Pamps than Public gold rolleyes.gif
PatEagle
post Apr 26 2011, 06:09 AM

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QUOTE(ksc_3688 @ Apr 25 2011, 11:15 PM)
If I'm to buy gold bar, which is best to buy?
From public gold, nubex or 1stopgold?

How about buying from gold shops ?
*
I've been investing in Genneva Gold and I recommend it highly. For me personally, I'd rather hold physical gold and have a stable return every month whether the price of gold goes up or down.

In addition, my friends and I have done thorough research on Genneva Malaysia's business model including background checks and the purity of gold. We are confident the company has a sustainable business model and the gold is genuine. Should anything bad happens, including war or in the unfortunate event that the company disappears; we'll still be holding on to 999 pure gold that can be sold and converted back to cash anytime.

You can read all about it at http://www.rayma.com.my/gennevagold/ and find out how it works exactly at http://mygoldgoose.wordpress.com/about/

Hope this helps. Cheers!


Added on April 26, 2011, 6:28 am
QUOTE(FrancescoTop8 @ Apr 25 2011, 08:43 PM)
The more people buying, the better gold`s fundamental and future.
Its like majority, the higher majority means more powerful & less volatile/.
Dont fight the trend, follow it.
*
Can't agree more. Read "Gold fever rages on" at
http://mygoldgoose.wordpress.com/2011/04/2...fever-rages-on/

Food for Thought:

“GOLD is still the ultimate store of wealth. It’s the world’s only true money.”
— Mark Nestmann

"Gold and economic freedom are inseparable."
— Alan Greenspan

"The desire of gold is not for gold. It is for the means of freedom and benefit."
— Ralph Waldo Emerson

"Civilized countries generally adopt gold or silver or both as money." — Alfred Marshall


And here's my favourite quote:

"I am more concerned about the return of my money than the return on my money."
— Mark Twain


tongue.gif

This post has been edited by PatEagle: Apr 26 2011, 06:28 AM
prophetjul
post Apr 26 2011, 07:45 AM

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QUOTE(PatEagle @ Apr 26 2011, 06:09 AM)
I've been investing in Genneva Gold and I recommend it highly. For me personally, I'd rather hold physical gold and have a stable return every month whether the price of gold goes up or down.

In addition, my friends and I have done thorough research on Genneva Malaysia's business model including background checks and the purity of gold. We are confident the company has a sustainable business model and the gold is genuine. Should anything bad happens, including war or in the unfortunate event that the company disappears; we'll still be holding on to 999 pure gold that can be sold and converted back to cash anytime.

You can read all about it at http://www.rayma.com.my/gennevagold/ and find out how it works exactly at http://mygoldgoose.wordpress.com/about/

Hope this helps. Cheers!
What exactly is Gennevas biz plan?

Next have you assayed their gold bars yourself?
ahmadtarmizi88
post Apr 26 2011, 07:51 AM

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QUOTE(prophetjul @ Apr 26 2011, 07:45 AM)
What exactly is Gennevas biz plan?

Next have you assayed their gold bars yourself?
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bro, just becarefull, all of high commitee from genneva have their own story, try google each name. please. smile.gif
prophetjul
post Apr 26 2011, 07:57 AM

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QUOTE(ahmadtarmizi88 @ Apr 26 2011, 07:51 AM)
bro, just becarefull, all of high commitee from genneva have their own story, try google each name. please. smile.gif
*
Let them tell their story here in public forum...... biggrin.gif

Are you a muslim?

i asked the question in the other thread.....how can a product which pays interest be Syariah compliant? rolleyes.gif

i am indeed interested in an investment which beats the returns of Warren Buffet! 18% pa! WOW!
WBs performance is only 15%..... tongue.gif
ahmadtarmizi88
post Apr 26 2011, 08:02 AM

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QUOTE(prophetjul @ Apr 26 2011, 07:57 AM)
Let them tell their story here in public forum......  biggrin.gif

Are you a muslim?

i asked the question in the other thread.....how can a product which pays interest be Syariah compliant?  rolleyes.gif

i am indeed interested in an investment which beats the returns of Warren Buffet!  18% pa! WOW!
WBs performance is only 15%.....  tongue.gif
*
i will put the history of genneva team, here, but not today, need to find old post.

paying interest known as riba, totally not syariah compliant, riba is haram for muslim.
somethings wrong with that product >.<

prophetjul
post Apr 26 2011, 08:05 AM

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QUOTE(ahmadtarmizi88 @ Apr 26 2011, 08:02 AM)
i will put the history of genneva team, here, but not today, need to find old post.

paying interest known as riba, totally not syariah compliant, riba is haram for muslim.
somethings wrong with that product >.<
*
i am not muslim.
i just hear that paying interest is not syariah compliant. And yet in your face, they are so proud
of paying 1.5% per month and called it Syariah compliant in their next breathe! whistling.gif

Better than Warren Buffet! thumbup.gif

This post has been edited by prophetjul: Apr 26 2011, 08:06 AM
ahmadtarmizi88
post Apr 26 2011, 08:08 AM

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QUOTE(prophetjul @ Apr 26 2011, 08:05 AM)
i am not muslim.
i just hear that paying interest is not syariah compliant. And yet in your face, they are so proud
of paying 1.5% per month and called it Syariah compliant in their next breathe!    whistling.gif

Better than Warren Buffet!    thumbup.gif
*
haha its ok bro, all bout making profit, so they dont care which halal or haram
all about profit haha.



prophetjul
post Apr 26 2011, 08:11 AM

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QUOTE(ahmadtarmizi88 @ Apr 26 2011, 08:08 AM)
haha its ok bro, all bout making profit, so they dont care which halal or haram
all about profit haha.
*
Bro

The point is if they can make statements like that for profiteering, i cannot imagine
whats in those 'gold' bars! whistling.gif
ahmadtarmizi88
post Apr 26 2011, 08:21 AM

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QUOTE(prophetjul @ Apr 26 2011, 08:11 AM)
Bro

The point is if they can make statements like that for profiteering, i cannot imagine
whats in those 'gold' bars!   whistling.gif
*
haha, u talk about genneva rite?
yes they use PAMP suisse gold bar,
the purity that we can trust,
but the way they run the scheme quite tricky. haha


Added on April 26, 2011, 8:29 amyeah!
this is about genneva history hehehe
click here
http://www.facebook.com/note.php?note_id=175335525823021

happy reading

This post has been edited by ahmadtarmizi88: Apr 26 2011, 08:29 AM

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