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

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GuN
post Jun 24 2011, 06:03 PM

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what is the diff between 99.9 finess & 999.99 in term of market volitility? which type of gold would be affected more?
FrancescoTop8
post Jun 24 2011, 06:14 PM

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Next week perhaps the best period to accumulate gold, since July will present with more interesting events :
1.Post QE2
2.Greece

Yesterday, i went to KFH to withdrawn all my gold for exchange of Kijang Emas, unfortunately Kijang Emas only available for small quantity.
So, i cancelled my transaction.
Today, gold price going down almost RM3/gram.
Man, that`s huge waste of money.
jphlau
post Jun 24 2011, 11:23 PM

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big big drop in gold.. now around USD1500...
dinodrumz
post Jun 25 2011, 08:10 AM

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Yeah.. very good time to kumpul stok now. Next week hopefully lower. This is the last bottom expected for this yr. After this the train leaves the station usually starting in August.. Lucky gaji come out already.. haha
GoldChan
post Jun 25 2011, 10:02 AM

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QUOTE(GuN @ Jun 24 2011, 05:39 PM)
dear all, now i have approx rm20k to invest in gold. which one would be the preferred bank if i wanted to buy paper gold? less spread would be nice..
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if U have time, spread out your purchase over 2-3 x. Then losses will not be that painful.


Added on June 25, 2011, 10:04 am
QUOTE(FrancescoTop8 @ Jun 24 2011, 06:14 PM)
Next week perhaps the best period to accumulate gold, since July will present with more interesting events :
1.Post QE2
2.Greece

Yesterday, i went to KFH to withdrawn all my gold for exchange of Kijang Emas, unfortunately Kijang Emas only available for small quantity.
So, i cancelled my transaction.
Today, gold price going down almost RM3/gram.
Man, that`s huge waste of money.
*
never mind U can go to UOB and buy maple or nugget. Lot of people buying last Friday. Heard someone just brought about 30 -50oz of nugget. Just get in on Monday, don;t wait for rock bottom to get your stock as you may be disappointed as there will not be any thing left.


This post has been edited by GoldChan: Jun 25 2011, 10:04 AM
FrancescoTop8
post Jun 25 2011, 12:15 PM

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Ya man.
Since Kijang Emas & Dinar Kelantan are very sought after by ordinary Malaysian, i will go for UOB.

The more the merrier thumbup.gif

This post has been edited by FrancescoTop8: Jun 25 2011, 12:22 PM
Sifha238
post Jun 25 2011, 02:36 PM

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QUOTE(FrancescoTop8 @ Jun 25 2011, 01:15 PM)
Ya man.
Since Kijang Emas & Dinar Kelantan are very sought after by ordinary Malaysian, i will go for UOB.

The more the merrier  thumbup.gif
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Hai bro, any update ?
estage9
post Jun 26 2011, 06:05 AM

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-deleted-

This post has been edited by estage9: Jun 26 2011, 11:27 PM
ahmadtarmizi88
post Jun 26 2011, 01:22 PM

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QUOTE(estage9 @ Jun 26 2011, 06:05 AM)
Hi guys,

I need some advise here, doing investment in gold is much more better the buying the unit trust? (in term of reliability and high profit in short period)?

Any idea?
*
i trust something that can be hold, that why people choose invest on physical gold. USA collapse soon
ycs
post Jun 27 2011, 08:49 AM

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jphlau
post Jun 27 2011, 11:16 AM

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QUOTE(ycs @ Jun 27 2011, 08:49 AM)
» Click to show Spoiler - click again to hide... «

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What points are you going to made????
Jutawan
post Jun 27 2011, 12:45 PM

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QUOTE(jphlau @ Jun 24 2011, 11:23 PM)
big big drop in gold.. now around USD1500...
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That's a huge drop!!! Better stocking now.
nick.woocs
post Jun 27 2011, 06:35 PM

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price today drop to below 1.5k oO
stock up time soon!
insaint708
post Jun 27 2011, 07:00 PM

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QUOTE(nick.woocs @ Jun 27 2011, 06:35 PM)
price today drop to below 1.5k oO
stock up time soon!
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Hi, where do you check the gold price?
Or it is different with each bank?
echoesian
post Jun 27 2011, 07:07 PM

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goldprice.org
insaint708
post Jun 27 2011, 07:08 PM

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QUOTE(echoesian @ Jun 27 2011, 07:07 PM)
goldprice.org
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Thanks.. i'm new here smile.gif
dinodrumz
post Jun 28 2011, 09:49 AM

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Time to kumpul stock now.. hehe
DM3
post Jun 28 2011, 10:01 AM

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QUOTE(benedict1213 @ Jun 24 2011, 05:46 PM)
Gun, UOB gold saving account is preferable.
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any reason why its better?
kuhfayLover
post Jun 28 2011, 10:08 AM

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QUOTE(DM3 @ Jun 28 2011, 10:01 AM)
any reason why its better?
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the spread value is lowest (buy and sell).

mlyuki
post Jun 28 2011, 02:36 PM

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Hi all, I'm new to gold investment and like to know what is the spread value means?


Added on June 28, 2011, 3:06 pmI understand what is spread value after going through all replies. Today gold price goes up abit.. but still below 1500, do you guys think we can invest today?

This post has been edited by mlyuki: Jun 28 2011, 03:06 PM

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