I believe China + Russia will realise "BLACK MARCH" 2011.
Cant wait.

China + Russia + few countries officially denounce USD.
Guess what will happen to gold if BLACK MARCH really realised as planned ?

I really hope China will dump US, so economic power will shift from west to east.
And China lately really crazy for Gold standard.

Believe it or not, US economy recovery mostly depend on China hand.
If China dump US diplomatically(unofficial/silent), share market not get much effect.
BUT, if China dump US officially (announcing it to the whole world), share market will doom.
So, i really hope China + Russia will go ahead with secret mission "BLACK MARCH 2011".

If USD keep dropping, world will not use USD as monetary system because it value depreciate.
World then looking for better monetary value and at that time Renmimbi and gold standard will arise.
And i think China prefer Gold standard, that`s why China keep buying every ounce gold available recently.

[quote=dr2k3,Mar 8 2011, 11:45 AM]
other currency as world currency.....i don't think it will happen in my lifetime

- not happen in ur lifetime ? China n Russia beg to differ
http://www.chinadaily.com.cn/china/2010-11...nt_11599087.htm

if i were a currency trader i will buy renmimbi for "profit" but will not use renmimbi as "currency"......i don't trust china government
- i dont trust U.S whose keep printing USD out of thin air.

china prefer gold standard...where did you get info from?
- it`s speculator thing. u dont need to know

That`s 1 of China strategy.
U.S keep asking China to revalue the RMB, but so far, it fall on deaf ears.
It shows that how powerful China is.
China is so powerful that U.S dont even dare to take on North Korea.

go for these :
http://kfhonline.com.my/kfhmb/ep/kfhConten...contentId=11048

physical gold from Turkey.

Yes, it is.
And KFH spread quite high too.
I choose KFH because their gold from Turkey(stabil economy) and i find that KFH is most honest bank(from my research lah ).

1 thing for sure :
- Dont buy gold or silver from SDN.BHD. company.
Risky

This post has been edited by FrancescoTop8: Mar 11 2011, 07:45 PM

Investor have to sell gold to cover up their loss in anything related to Japan.
Insurers also need to liquidity their gold fast to cover the expenses.

Anyhow, the gold price dropping in turbulent times (e.g; tsunami) are quite strange situation.

Gold today climbs, fast.
Hope it runs on steady mode :-)

expecting a GOLD STANDARD.
That is quite ambitious target, but believe in it due to current economic events.
If GOLD STANDARD not materialised, i go for long term(<10 years).

MOST IMPORTANT, all target must obey the present & future macroeconomics.

Gold should move higher today but unfortunately U.S GDP improves too,
so not much movement.

......
How`s this for speculation ?
http://www.caseyresearch.com/crpmkt/crpSol...f=TMG209ED0311D

This post has been edited by FrancescoTop8: Mar 26 2011, 03:56 PM

Paper gold are cheaper than physical gold because of some reasons.
1 of them is paper gold basicly is not a gold at all, it just assume that it was gold. And it was trade based on assumption, that`s all.
Example : MR. I own a cow and he want to sell it to Mr.U -> MR.U want to make a profit and he sell it to MR.WE. -> However, The transaction between MR.I and MR.U still not finalised. On top of that, MR.We already finalised the transaction with MR.U. Get it ?

I wonder if u could have ur gold in physical if u invest in paper gold (e.g., UOB or public bank).

This post has been edited by FrancescoTop8: Apr 15 2011, 08:16 PM

allrite,allrite student
Let me clarify about the COW story.
MR.I have a cow, and he want to sell his cow to MR.U, and MR. U agreed to buy .
BUT, they don`t finalised the deal yet.
However, MR.U want to make a quick profit and he sold the cow to MR.We, eventhough MR.I & MR.U dont finalised the deal yet.

It means the cow is still with MR.I because he doesnt finalised the selling yet. U cant argue with MR.I because he want to sell but doesnt sell his cow yet.
So, this all transactions between them(MR.I, MR.U and MR. We) is all out of thin air or in easy word ; ASSUMPTION.

Off course, if u study towards bank`s perspective, it is more complicated but the fundamental of paper gold is similar to COW story.
One word for paper gold : ASSUMPTION

This post has been edited by FrancescoTop8: Apr 15 2011, 09:26 PM

Dude, i dont recommend Public gold because i find it quite tricky and risky.
Do some research before start gold investment. Dont easily believe what other/broker say.

For me, just buy gold in bank. KFH and Maybank have physical gold. It is safer and less headache.
_______________

Nope, u can have ur gold in physical if u buy paper gold, BUT u have to follow some procedures.
And i find that the terms and conditions of paper gold quite tricky and time-consuming.

DEFINITELY.
U can change ur paper gold to physical gold BUT with terms and conditions.

Public gold just have their business in Malaysia, correct me if im wrong.
Thus, their market are exclusively in Malaysia only.
Risky because their market is small and gold are quite complicated business.
Tricky because, public gold employ a MLM-like scheme. U buy and u automatically become a dealer, and u have to find another buyer to get reward or something. Their premium charge also quite high.
Have u heard any established bank (Maybank,Public Bank,UOB or KFH) go crazy to promote their gold products ?
NO,they dont because they know gold have a high volatility.

There`s a lot to know before u invest in gold.
That`s why i keep telling u, buy gold from BANK & dont buy from unestablished company or whatever it names because gold is not an easy business.

Ask about spread & pemium charges.

Is paper gold are ETF ?
If it is , these might be interesting
http://www.guardian.co.uk/business/2011/ap...funds-sub-prime

I think gold is still undervalued.
And based on current situations(debt in Europe, Debassement of USD, Inflation in China, political issues in middle east and african, and etc), gold still have plenty rooms to climb.
If u want to invest less than a year, u can but your timing must be accurate.