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

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ahmadtarmizi88
post Apr 21 2011, 10:52 AM

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QUOTE(tan888 @ Apr 21 2011, 10:20 AM)
already exceed US1500++/ounc yesterday..wow biggrin.gif
*
and silver almost 150% increment per year!
ahmadtarmizi88
post Apr 23 2011, 07:09 AM

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QUOTE(shadowblack @ Apr 23 2011, 04:06 AM)
How to start invest gold? Can somebody recommend me?
*
can help, need to call/sms
ahmadtarmizi88
post Apr 23 2011, 07:16 PM

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QUOTE(Sifha238 @ Apr 23 2011, 06:09 PM)
Do you guys really think Gold price will going down sooner  ohmy.gif

Lol, I just make arrangement with some seller to buy 200 gram physical gold next week. It's cost more than 20k  sweat.gif

Should I proceed ?  icon_question.gif
*
200gram = rm32k +++
ahmadtarmizi88
post Apr 23 2011, 07:45 PM

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buy from authorized dealer bro, play safe.

ahmadtarmizi88
post Apr 24 2011, 02:28 PM

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QUOTE(Sifha238 @ Apr 23 2011, 08:07 PM)
ok, thanks smile.gif

I only worry gold price start drop after I but it sad.gif
*
its ok bro,
high price today for cheaper price tomorrow.
dont worry, drop only a bit, increase can say wow!
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
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
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?
*
maybank offer you paper gold. not physical.
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
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
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 >.<

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.



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
ahmadtarmizi88
post Apr 26 2011, 08:38 AM

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i really dont dig out about genneva but base on the history, their chairman was caught due to stealing people money, and now they running genneva product.

once scammer forever scammer. hehe
ahmadtarmizi88
post May 5 2011, 12:51 AM

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QUOTE(twhong_91 @ May 3 2011, 12:35 PM)
Gold price is dropping now as well as silver. Is it a good time to buy gold now?
*
yes! locked 3kg silver rite now


Added on May 5, 2011, 12:53 am
QUOTE(nickfun @ May 4 2011, 05:28 PM)
my fren invested in the Gold Bar with Geneva, the plan is

buy 100gram from them and they promise you a 1%(1.5% if you buy more) return every month.
you cant return the gold at the first 6 months
you buy the gold above the market price

Actual profit or deal i can't post here as it will violates the forum rules smile.gif

If you sell the gold bar to outside like Poh Kong/Wah Chan you will definitely lose another xx% i heard.
*
gold won't promising any dividend every month.

open ur eyes bro..

This post has been edited by ahmadtarmizi88: May 5 2011, 12:53 AM
ahmadtarmizi88
post May 5 2011, 11:36 AM

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QUOTE(Sifha238 @ May 5 2011, 01:18 AM)
Gold expert, what do you think about my investment way  icon_question.gif

- I buy 100gram gold jewelery cost Rm 17 120 (999 / 24k)

- I go to Bank Rakyat to do PAWN BROKING ( http://www.bankrakyat.com.my/arrahnu )

- They give me 70% of the gold value = Rm 11 984 ( so technically I only pay Rm 5 136 for the 100gram gold )

- Next month that 100gram gold jewelery new valued is for example Rm 17 500 ( looking at gold price keep on increasing )

- I go and overlap my current debt - Rm 17 500 - Rm 17 120 = Rm 380

- I'll keep doing it every month and within 2 years I will get my Rm 5 136 back and after that it's all benefit
* The higher gold price increase, the more I get  biggrin.gif
*
bro, when u want take back ur gold?
hehe ur debit keep increasing.

"jerat ahrahnu"

after 2 years then u call all benefit?

u need a lot of cash to get back ur gold from ahrahnu.

who is ur master dealer?
may i know?
ahmadtarmizi88
post May 5 2011, 11:42 AM

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QUOTE(`arthas @ May 5 2011, 11:39 AM)
Hi guys i am a newbie on gold..

today i just applied an account from maybank.. it call gold saving passbook.. I just curious.. other than today rate from maybank.. do they provide their previous records ? Just want to see it for reference.
*
the maybank gold saving account only valid in region of maybank.
u can't sell to others.

maybe they got previous record, but dolt worry, ur money safe.


Added on May 5, 2011, 11:45 amto 'arthas : get into real, get into physical, that better, gold saving account is only virtual gold, no gold at all, only some number grams of gold.

trust me, if u hold real/physical gold, u will feel different. intrinsic value!

This post has been edited by ahmadtarmizi88: May 5 2011, 11:45 AM
ahmadtarmizi88
post May 5 2011, 12:39 PM

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QUOTE(SilverfoX @ May 5 2011, 11:54 AM)
Do you guys know if anyone is selling American eagle/ buffalo bullion coins in Malaysia?

Thanks.
*
i try help u, wait ya
ahmadtarmizi88
post May 5 2011, 06:15 PM

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QUOTE(caerulln @ May 5 2011, 06:08 PM)

ahmadtarmizi88: I do understand why u persuade people to buy physical gold smile.gif though u can't deny banks here back paper gold with real ones.
*
sory for putting some religion issue here.
for us as muslim, trading with virtual gold is prohibited. haram at all smile.gif

* just want answer some misunderstand from others

This post has been edited by ahmadtarmizi88: May 5 2011, 06:17 PM
ahmadtarmizi88
post May 5 2011, 07:30 PM

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QUOTE(caerulln @ May 5 2011, 06:36 PM)
oh..understood.
I just noticed, not all banks in Malaysia back with real gold eg. Public Bank.
Maybank do. There are ways to buy paper gold (those backed with real gold only) halal.
Just a bit more work & investigation. This needs its own thread.

btw, i'm a muslim too.
So thanks for the reminder smile.gif
*
kuwait finance house maybe can help u.
the only one of bank that have physical gold for investment.

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