HI all,

I am new here, and very much interested in the gold passbook after reading so many pages in this thread. But still i am not sure what/how is the best practice to make profit with the passbook effectively in long run.
I am thinking of 2 practice, but not sure which is better.

First practice, treat this passbook as a saving account, and throw in any extra money every month i have into this gold account. Accumulate as much gold as i can without withdrawing it even in good price. Maybe withdraw only for emergency use. Other than that, will keep buying every once or two month to accumulate for 3-4 yrs. This way, i dont really need to monitor very closely about the the price up or down. Only if extreme case happen.
Not sure if this way can work??

2nd,
Buy as much as i can right now and monitor for good price to sell(cash out). Then wait for best price to buy more again using my profit earned and capital. and keep repeating....

which way you guys think is better way for long run?


i am not a big player and not really an investor.
If you guys can share your good practices and advices on how to make use of this account, is very appreciated here.

But today the price at PB, MBB and CIMB still moving up abit.. how come??

oya.. i shudnt compare with friday.
thanks for telling.

i also want to get one actually..
see what price tomorrow.