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Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
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lustman
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Aug 31 2011, 08:31 AM
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Getting Started

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QUOTE(gold hunter @ Aug 30 2011, 11:38 PM) guys.... I have 5 grams Pamp want to sell. My location is on KL, only dealing by COD Please inbox me if u interested/ thanks. khun_khun is desperately looking 5g Pamp, if he sees this, he'll be delighted.
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joey85
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Aug 31 2011, 01:03 PM
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QUOTE(hongchai888 @ Aug 30 2011, 09:21 PM) Chk back on Friday lah, now up until 2000 also no use. Unless u trade online with PBB If I'm not mistaken, even pbb online couldn't trade too as it is according to bank operation time.. Was try to do before bank opening time ie 9.15am, I key to buy on 9am also cannot trade..
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TSaeronic
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Aug 31 2011, 03:51 PM
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QUOTE(joey85 @ Aug 31 2011, 01:03 PM) If I'm not mistaken, even pbb online couldn't trade too as it is according to bank operation time.. Was try to do before bank opening time ie 9.15am, I key to buy on 9am also cannot trade.. can someone confirm this?
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yacanni
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Aug 31 2011, 04:03 PM
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New Member
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QUOTE(aeronic @ Aug 31 2011, 03:51 PM) can someone confirm this? only business day can trade on9 , from 9.30am till 4.45pm. Public holiday cant trade.
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monsta2011
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Aug 31 2011, 05:53 PM
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People are just overpanicking. The price needs to drop.
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eXTaTine
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Aug 31 2011, 08:02 PM
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Any drop will be limited, as there is no real good news in the economy that can possibly bring a long term correction
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hongchai888
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Aug 31 2011, 10:21 PM
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QUOTE(eXTaTine @ Aug 31 2011, 08:02 PM) Any drop will be limited, as there is no real good news in the economy that can possibly bring a long term correction Drop below 1820 now, how come? Added on August 31, 2011, 10:22 pmQUOTE(eXTaTine @ Aug 31 2011, 08:02 PM) Any drop will be limited, as there is no real good news in the economy that can possibly bring a long term correction Drop below 1820 now, how come? This post has been edited by hongchai888: Aug 31 2011, 10:22 PM
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gold hunter
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Aug 31 2011, 10:46 PM
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New Member
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QUOTE(lustman @ Aug 31 2011, 08:31 AM) khun_khun is desperately looking 5g Pamp, if he sees this, he'll be delighted. i have been PM him but his expected price lower than market price. any other offer?
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Jutawan
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Sep 1 2011, 01:06 AM
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QUOTE(TruthHurts @ Aug 27 2011, 03:46 AM) Gold drop was just too short, cant buy it in time. Bernanke speech influence a lot since he knows whats going on. Hopefully can see the next drop. I tend to sell high and muster up again when low. At the moment, need to wait for more infos. Got the opportunity to buy at drop price last week for Maybank GSA at RM171.00/gram... this week already up at RM177.00/gram. Waiting for another drop to keep both of my child 'duit raya'... or.. i will consider to buy UOB physical Gold.
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json93
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Sep 1 2011, 01:20 AM
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New Member
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gold price is still going up..... very hard to decide when to buy...
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khun_khun
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Sep 1 2011, 03:26 AM
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Im just want ask some question: why local gold price is higher than imported gold like PAMP, or other brands?
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lustman
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Sep 1 2011, 07:13 AM
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Getting Started

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QUOTE(khun_khun @ Sep 1 2011, 03:26 AM) Im just want ask some question: why local gold price is higher than imported gold like PAMP, or other brands? bcos the follow the price by FGJAM which is a standard for all gold shops and they are always very high. this meant for most jewellery products. don't forget they will also charge you "upah". bullion gold bars/coins price usually follows the world's spot price plus premiums which is lower. i've noticed some jewelleries do sell cheaper than the FGJAM price.
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prophetjul
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Sep 1 2011, 10:21 AM
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Never buy bullions from jewellery shops......only stoopid people do that. They charge like 25% premiums over spot...............silly
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quackpack
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Sep 1 2011, 10:50 AM
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Just read the newspaper where a Singapore gold investment company which “promise" monthly returns has ran away. Didn't see the company's name being mention in the Chinese newspaper though
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DM3
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Sep 1 2011, 11:19 AM
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banks still close today right?
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cybermaster98
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Sep 1 2011, 12:05 PM
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PiggyAikz
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Sep 1 2011, 12:53 PM
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Getting Started

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Anyone know where i can buy and sell physical American Gold Eagle Coins in Malaysia? http://en.wikipedia.org/wiki/American_Gold_Eagle
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SUSbuysell
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Sep 1 2011, 01:08 PM
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QUOTE(DM3 @ Sep 1 2011, 11:19 AM) banks still close today right? Today is still public holiday replacing Merdeka day.
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eXTaTine
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Sep 1 2011, 02:02 PM
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QUOTE(hongchai888 @ Aug 31 2011, 10:21 PM) Drop below 1820 now, how come? Haiyo...small drop like that, nothing unusual la. On another note, I have a sneaking suspicion that Gold will retest the 1779 level before making another jump.
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khun_khun
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Sep 1 2011, 03:06 PM
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QUOTE(lustman @ Sep 1 2011, 08:13 AM) bcos the follow the price by FGJAM which is a standard for all gold shops and they are always very high. this meant for most jewellery products. don't forget they will also charge you "upah". bullion gold bars/coins price usually follows the world's spot price plus premiums which is lower. i've noticed some jewelleries do sell cheaper than the FGJAM price. ok.... but i have compare few times like some local gold bar selling higher than imported brand. if we talk about quality and premium, i think imported brand is supposed to be higher than local brand. am i right? some more, most of imported brand are highly demand and well-know in global bullion market and also they are licensed Internationally.
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