Hi, I want to know whether the official 2 or 5 dinar Kelantan come with a cert of authenticity or something like that and how the packaging looks like. I am thinking of grabbing one but worried with counterfeits.

the dinars all come in capsule,and no certs,plus get it from the wakalah(dealers) and dont worry the Dinar Kelantan has anti-counterfeit characters on the coin

aiya... Gold keep swing my entry at 1523 today..
It's bad if you Buy Gold, and Buy USD. both swing you!

This post has been edited by benedict1213: May 27 2011, 07:56 PM

When USD goes down slightly (devalued intentionally)
RM goes go up
Gold goes up vs USD
Gold goes up vs Ringgit (because Gold is valued in USD currency)
but the percentage of increase of Gold vs RM < percentage of increase of Gold vs USD
because of the currency exchange

(I maybe wrong)

hi ikram.adi,

In certain part, you are correct. Indeed, don't be surprise that some currency appreciate greater than Gold sometimes. You can compare Gold chart with different currencies. That the reason that i don't prefer use RM to invest in Gold or Silver.
beside that, Investment needs fundamentals and economic knowledge background.

BEST WISHES!

benedict,
What currency do you use to buy gold & silver? USD
Do you concentrate of physicals, gold account, ETF or mining stocks?

yes ikram.adi,

I use USD to buy/ trade Gold & Silver. Yes, i do invest in physicals gold, Silver bars, and i concentrate study chart and fundamental backup everyday. Stock sometimes.

certificate can be printed.

Best bullion product, U must know the main source.
Silver eagle :- US Mint, silver panda :- China Mint, silver kook :- Perth Mint.
then easy to identify whose fault is it.

So far other than Silver Panda and some silver lunar perth Mint got fake.
most of the fake are easily identifiable .

The rest I never heard of any fake.

For gold there are some copy coin for eagle, buffalo, panda.
Most famous fake is Krugerand. Thus weighing scale is important.

so do U know the source of kelantan dinar, who minting it etc.?
In case got fraud or fake, who to contact.
SO many dinar, I lost track of them. Since I don;t have any dinar I leave it to Muslimi Musliman to find it out lah.

many people make use of the name of god or religion to make $$$.
e.g. Buddhist monk in SG own many properties in AUStralia until get arrested.

So when people mention religion then sell U a product, just be a bit more cautious lah.

---

Added on May 27, 2011, 11:03 pmone way to check for counterfeiting is same way learnt from paper currency.
U have serial no in each gold bar, but it is not all in sequence.
Only the producer know which serial no is valid.
however U need a long serial no lah. This helps to some extend only.

Serial no is only for big bars, because it is a one by one process.
each must be a different number. Slow process and manufacturing it for small bar may be cost the product to be slightly more expensive.

another way is to track the transaction, the moment there is such buying and selling of such bar, the serial no is recorded.
If 2 same serial no is recorded, then alarm. who can provide such system and people don;t want U to track their assets.

This post has been edited by GoldChan: May 27 2011, 11:06 PM

At which website you refer for charts and got fundamentals references? Any suggestions?

the Kelantan Dinar is minted in DMCC,Dubai

Hi Jutawan,
there are a few good recommended website.
http://www.forexfactory.com/
http://www.actionforex.com/
http://www.cnbc.com/
http://www.netdania.com

There are a lot more website that i couldn't remember now.
Well, I keep track and update myself on this two; forexfactory and CNBC world news everyday.
On the same time, I study and invest in currencies too.
The most important things is, I have the software and program which provide me the chart/market movement so that for me to analysis because investment is a business. Do not form a "Play" habit in business or invest blindly. Hope this help.

This post has been edited by benedict1213: May 28 2011, 10:02 AM

Could you explain in sentence.. I'm sorry I can't understand the connection yet

hey GoldChan thanks for the head up. It's been a while since we speak.

I do agree with you on how people make money out of religion/god. Like Kelantan Dinar for example, they are already being sold at a premium price, then going from DMCC Dubai to KGT (Kelantan Gold Trades) then passed down to the dealers like Nubex really put them at a very very expensive price per se.

And lately I have fallen in love with Silver Panda's coins, the numismatic value really adds up to the price. 2010 alone price is already $5 costlier than the new 2011 release at the same grade.

The counterfeits could be so worrisome to newbies like me.

hi xcarfieldx,

ikram.adi means:

GOLD is an Insurance against Inflation Aka. asset safe-haven.
GOLD quoted on USD.
USD vs a basket of currencies. EURO, POUND, AUSSIE, MALAYSIA RIGGIT and so on..


Let start into market analysis...

Normal market characteristic, if USD depreciated, mean USD face value drop!
means:-
GOLD price appreciated!
a basket of currencies appreciated,
same as Malaysia RINGGIT appreciated too!


so let compare between GOLD and RINGGIT

GOLD up, RIGGIT up.
basically, there will be a consolidate for malaysian Gold investor, why?
Don't forget that we (malaysian) use RINGGIT buy GOLD. Gold appreciated, our RINGGIT appreciated too!

calculation:
investment portfolio.
1gram of Gold : USD50
USD/MYR : 3.00
Our Capital (cost per gram of gold) : USD50* 3.00 = RM150

scenario 1
USD drop = MYR appreciate.
USD/MYR: 2.90

If we buy 1 gram of Gold = USD 50 x RM 2.90 = RM145! (RM5 depreciation if we buy Gold in USD50)


scenario 2
USD drop = Gold appreciate, MYR appreciate.
1gram of Gold : USD52
USD/MYR : 2.90

If we buy 1 gram of Gold = USD 52 x RM 2.90 = RM150.8! (could you see there are no much different if Gold and Ringgit appreciated?)

Hope this help.

This post has been edited by benedict1213: May 28 2011, 12:27 PM

when U fall in love, it gets expensive lor. Up to a point when U buy it ! ROI will not be there for few years to come lor.
Just be careful. U R late in the game. lets admit it.
when U jatuh cinta, it must be cinta sejati so one will do. that is most scalable thing. bear in mind each year U got lunar, koala, kooks, SML gzziy bear, etc.

Don;t be too greed, get a spare part two pcs,
Don;t be too _______ , get 4 each.
nevertheless if U can afford it get some more.

All these should be brought at near bullion prices with min premium, thus U should only buy when it is 1st minted to get the max return.
Otherwise, a bit late lah.
Your core position should be branded (well-known mint) silver brought at low cost.

This post has been edited by GoldChan: May 29 2011, 12:01 AM

the best thing would be if Malaysia ever has its own minting company, so we can get bullions at a closer to spot price!

I know what you meant. Well I might start collecting at 2011 and hope the world will last up to 2040+ for me
There are sites that these gentlemen passed on here that sell gold and silver close to spot price.
And thanks for the advices, those would be the fundamentals of my investment!

Thanks Benedict. For scenario1 we can say that when usd depreciate, the gold price depreciate too (since we buy it with rm145 instead of rm150)

And for scenario2 we said when usd depreciate, gold appreciate, the gold value is appreciate ?

Agh... Hope I'm right this time.. Feel myself so stupid

Its alright, xcarfieldx. God doesn't create Stupid Men. Proud of yourself that you willing to learn.
I remembered few month back that a kid aged 5yrs old told me, 'to be a 5minutes stupid and be dare to ask, rather than forever stupid in your life!'

to answer your question,
Scenario 1 is the comparison of USD and RINGGIT, GOLD price stable at USD50. (Example)

Remember this;
(normal market reaction, if USD depreciated, Gold will up. Because Gold quoted in USD)


for scenario 2,
Depend how you compare with the Gold value.

If you compare with USD..
Yes, Gold value is appreciate while USD depreciated,
but DOESN'T mean that Gold value appreciate quoted in MALAYSIA.
why?
Because...., USD vs a basket of currencies...include MALAYSIA.

If USD value drop means, GOLD value will Surge same as RINGGIT face value will up!
GOLD and RINGGIT hold hand fly sky together.. that why you could see scenario 2, we get rm150.80 (same as our capital modal) even though Gold appreciated.

hope this help.

That why Analysis chart and market economic and fundamental news background is important. The necessary tools is the software for us to study & read the chart. Anyone here study Gold, Silver, and currency chart? or just purely investment with feel or friend's influent? hmmmmm...

This post has been edited by benedict1213: May 29 2011, 06:14 PM

can i pawn public gold bar to ar-rahnu agro bank or bank rakyat?

I think there are some listed gold bar that can be offically sold to banks. Some other gold can be sold to the same company you bought it from.