I think the lowest gold would go if it ever go that low would be 1480, but seeing how it rebounded twice, one more last time and if it clear 1530, then high chances gold price will never revisit 1520.

In my opinion, using gold as an investment tool is not really a good idea

Gold currently should be treated as a way to lock in your asset value, the appreciation of gold is a bonus. After all gold price still fluctuate base on supply and demand as well as many things too control gold price, investment bank can also easily manipulate gold price.

Like many others have mention, you need to sell the gold only then you can get the value back.

Physical gold is the best,but try to get the once with less premium. Premium after all has no value when you want to sell it.

Just giving my 2 cents

want quick investment go to silver, silver is almost like investing in stock market, dangerous but potential high return if you hit it.

For interested parties, gold is not a good short term investment, gold is only a good investment if you are going to put it >10 years.

btw, gold is in the erratic stage. Good indication of another bottoming.

Just remember don't take my word for it, it is still your decision when to buy gold.

Gold is up-trending, enjoy

Monday or Tuesday gold price will be interesting to look at.

Will it be another drop or just another resistant before a drop?

wow... comex gold price just suddenly sky rocket to 1557usd per ounce.

Its either something big had happened in the financial sector or the train is going to leave early

Nobody can give you a definite answer.

Gold has many usage instead of just being a commodity like used in medicine and electronics.

There are people who believe gold is a good hedge against inflation but there also also people who does not believe gold can replace paper money.

The same must be asked whether when you are buying gold is it because of the value of the gold or value of the premium the gold is holding?

IMO

Coins etc etc more for collecting something different or special, don't expect premium when selling back unless you are holding rare coin.

bar = close to intrinsic value

^above only holds true if gold is uptrending all the time

if gold actually drops,I wonder will the company be able to pay back

btw,what is the point of putting your advertisement? And also those "explanation" given are not backed up by facts and more like sales tactics.

This post has been edited by quackpack: Jul 6 2011, 11:51 PM

Watch the Comex price close for this week guys

gold price may have left the train earlier than expected

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

Since your scheme is providing returns, as according to BNM Website you need to be licensed by the Securities Commission under the Capital Markets & Services Act 2007. Can you provide proof you are being licensed?

There are loads of claims without any backup proof in your website, could you also provide your company registration number,I can't seem to find it in your website? I am sure a lot of people would like to check with BNM on the scheme you are providing

Please don't provide proof which links from your website,or using your logic or using your explanation.

provide something from authorities backing.

This post has been edited by quackpack: Jul 14 2011, 12:58 AM

I still think there will be another train coming soon for the one who was slow to buy before the price hit 1580USD per oz.

August Comex has not ended yet,so eager buyer wishing to score some more cheaper gold could keep your eyes peel for next week gold price for some bargain hunting.

Note : This is just pure speculation. Gold is on upward trend thus it looks good as an investment,but one must not view Gold as an investment which earns you money, it may also turn around and burn you.

If next week price revisit 1600USD and above and maintain then congrats to early adopters

Remember, commodities are also manipulated.

Gold are not meant to be an investment but a hedging against inflation.

Invest your money wisely, understand what you are investing and not just follow blindly, as it may turn bearish and burn you back.

I am no expert but this whole US debt talk is really making a bubble there.

Good luck guys.

to long term investors: Gogogo!

to risk takers : patience!

major selling for profit taking happening now

late comers get your cash ready!

I still have faith for gold to drop further

its either investor would sell of their commodities to pay off debts which leads to gold dipping heavily

or

gold make a small dip in correction and say byebye to current level

p/s : pure speculation,good luck guys

There is this thing called spot price where gold are traded internationally in USD and in troy ounce.

Most banks here that offer gold account usually get the spot price from those source and add in some spread for profit.

Spot gold price is very volatile this week, bargain hunter stay focus!