i see the graph going down non stop... my heart cannot take it....i sell first and absorb about RM400 losses.....

phew....

Not wait till 12xx?? Hehe

Wa! U sold it?

The price is keep dropping drastically!!!!!
Die already .....

1588 right now.. omg ... please dun drop anymore...
i'm using this $ for my car deposit ... O_o

bcos last 2 mths i saw the gold keep increasing, i bought at
178.8 (10g) and 171 (10g) ...
stil loss ...aikss...

1.3k-1.4k should be the safe spot to top up.

guess u will now have to get a smaller and cheaper car

i will monitor for US market tonight

or consider change from car to motorcycle?

it will better if you cut losses if you buy some gold now and average it with earlier purchase.
example last month you bought gold 178 and now is 160 . average is must be lesser than 178 ..


usually this what the mineral trader will do.what we call contagon market.

Just a point i share

2 possibilities,

1) Strengthened USD
2) Drop in demand (go check the market situation in India and China as they are the biggest consuming nations of gold)

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Added on September 26, 2011, 2:21 pmGold is a doom day money.
You are not supposed to sell it (unless you need the cash urgently).

This post has been edited by ALeUNe: Sep 26 2011, 02:21 PM

Asia dude also panic, heard too many rumors about will drop until 800/1000/1200 blablabla

Many have choose to believe and escape from the market ASAP. The situation now very horrible for gold

You never use your needed money for gold, only use your extra.. , never cash out even if it fall. People said that you need an extra 10k for investment, never put all your eggs in the same basket.

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Added on September 26, 2011, 2:30 pmim not sure will it reach 12xx, sometime things falling fast might coming back fast..lol.

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Added on September 26, 2011, 2:32 pmYup, i always go in little by little and kept some capital in the bank account waiting to pump in whenever it reaches my target.

Seem like UOB stop updating their website, Maybank already drop till 164, UOB might be at 163 now.

This post has been edited by Alexdino: Sep 26 2011, 02:37 PM

crazier in silver market.. from 45usd now is 25 usd. like half of price now.

KNS going up 5-9 cents per jump, when drop straight 5 dollars per jump

This post has been edited by hongchai888: Sep 26 2011, 02:40 PM

the problem is you do'nt know when you need the cash urgently...
if so happen there's emergency and you need the money when the price is at low point...u still have to sell at a loss...

Ahem, ladies and gentlemen or guys and gals.

I don't know whether you already know it or not, ...but I've heard from a few reliable sources quite recently who is also the executive chairman and another person, Head of Research of a multinational financial cum property construction company that I've been working at for some 20 years already that "There is going to be a global recession and it would take about 385 days to recover according to the latter calculations." The tell tale signs of economic gloom and doom started to appear since February '11.

So, keep your helmets on and fastened your seat-belts for the impending crash and burn hopefully, not be killed altogether.

This post has been edited by MOBAJOBG: Sep 26 2011, 03:22 PM

And another miracle happen. I cannot log in to Public Gold website....!

Every seller is now panicking... phew..phew...phew...

This is the reality guys, when they make money, they allow you to buy, but when there losing, they simply close shop.

This post has been edited by OneBuck: Sep 26 2011, 02:50 PM

the price is free falling...

this is totally BS, what to do.....

within 50 mins...the buy price at Public bank goes from RM163 to RM158... fulamak...