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

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akira de aimbuster
post Jul 13 2011, 03:40 PM

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Its getting higher and higher, I got no guts to start doh.gif
akira de aimbuster
post Jul 13 2011, 08:26 PM

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QUOTE(quackpack @ Jul 13 2011, 05:57 PM)
Gold is not like stocks need to check constantly

Just buy it,keep it until you forgot and when you remember,act surprise with the return  biggrin.gif
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first time buy, psychologically I feel like wait to see it drop abit first blush.gif

akira de aimbuster
post Jul 14 2011, 07:59 PM

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For uob, what is the condition for the account closure? eg within 6 months need to pay xx amount.

I can only find sg's:
An administrative charge of S$30 for the closure of the account within six months. The fee is subject to GST.

akira de aimbuster
post Jul 15 2011, 12:53 PM

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QUOTE(akira de aimbuster @ Jul 14 2011, 07:59 PM)
For uob, what is the condition for the account closure? eg within 6 months need to pay xx amount.

I can only find sg's:
An administrative charge of S$30 for the closure of the account within six months. The fee is subject to GST.
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regarding my own question, i have phoned the customer service and unbelievably, they dont charge for gold investment account hmm.gif

Sounds weird, what is the point of minimum 10 gram then? People would directly close the account instead of withdraw them until below 10gram.
akira de aimbuster
post Jul 16 2011, 09:26 AM

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QUOTE(TruthHurts @ Jul 16 2011, 05:51 AM)
Which bank are you refering to? They do have bank charges but need to read the Rules and regulation.
Like Public Bank, you need a minimum 20g to start with when opening the gold account and minimum gold purchase is at 5g.


Added on July 16, 2011, 5:56 am

You should know that your prediction need more convincing. Price up again !!!
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Referring the closure of account for uob.

oh gosh, I really not sure buy in when it is at its highest is a good idea or not sweat.gif
akira de aimbuster
post Jul 19 2011, 11:49 AM

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QUOTE(prophetjul @ Jul 19 2011, 11:44 AM)
Paper gold could become a bubble.............not physical
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Read that before too, if paper gold more than actual existing gold, terrible things will happen sweat.gif
But arent paper gold's rate follow the physical gold's rate? Then how did the bubble happen?
akira de aimbuster
post Jul 24 2011, 09:28 PM

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if the bubble/correction is coming soon, why are we still keep buying? hmm.gif

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