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

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nick.woocs
post Aug 25 2011, 08:08 PM

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$1740. Gold refuses to drop below 1700. I think that's the lowest point. See what happens tonight midnight. If it stabilize back, I think the correction has ended?
nick.woocs
post Aug 25 2011, 08:25 PM

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QUOTE(hongchai888 @ Aug 25 2011, 08:16 PM)
I will buy if it reach 1600 - 1650
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if it doesnt reach? tongue.gif
nick.woocs
post Aug 25 2011, 08:36 PM

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QUOTE(anechoic @ Aug 25 2011, 08:28 PM)
latest still 1730.. lowest it went today was ard 1704 actually..
nick.woocs
post Aug 25 2011, 08:56 PM

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QUOTE(hongchai888 @ Aug 25 2011, 08:49 PM)
The next few hours is crucial
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yup..totally agree..cant wait i wake up 2morrow morning to check on the price.. but overall i think the correction has met it's end but i could be wrong..
nick.woocs
post Aug 25 2011, 10:15 PM

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QUOTE(eehtsitna @ Aug 25 2011, 09:56 PM)
Huh? It is already below 1700 lah. I bought some gold from UOB this evening and the rate was 1685.
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1685 is in rm.. We are talking bout usd here bro
nick.woocs
post Aug 25 2011, 11:12 PM

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I really doubt the price will go any lower...
nick.woocs
post Aug 25 2011, 11:16 PM

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Hard to say.. But I think rm160 is the lowest it could go. Price is stabilizing unlike yesterday where it drop 100usd in few hours..


Added on August 25, 2011, 11:23 pmPlus every time it drops, the price rallied higher than b4..now hitting 1740. But there are predictions that the correction will last longer. Wait n c...

This post has been edited by nick.woocs: Aug 25 2011, 11:23 PM
nick.woocs
post Aug 26 2011, 08:35 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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Did ya buy ur 1kg gold yesterday? Do you think the gold price will drop today? Next week raya holiday d..
nick.woocs
post Aug 26 2011, 09:04 AM

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Later tonight will be the another time to look out IMO.. Bernanke will be giving a speech, dollar is on the rise and stock is taking a hit..

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