I say whatever I please, this is a free to speak forum? I never force people here to believe me. If you wish to trust the chart, be my quest knowing that it's not 100% accurate too. If you come to point finger at people then good luck to you, I have nothing more to say.

nice good strategy BTW.

This post has been edited by buysell: Oct 3 2011, 09:14 PM

just wanna ask :CIMB and OUB,which want will u prefer?why?

Uob. Lower spread.

lol.. you have so much time please contribute something interesting rather than finding ppl previous post.

What i can tell is on investment thing, we cant predict future so all people have their own way of prediction, please use your own judgment on it, they wont responsible for your lost and either you wont share out you gain .

UOB if possible, extremely low spread, dont know why?!
If you wish to be able to do online gold trading, only Public Bank gives such facilities.

what u mean is we can buy or sell gild online throught Public bank?

Yes, but only during office hour.

UOB singapore spread even lower

Many holders of gold store it in form of bullion coins or bars as a hedge against inflation or other economic disruptions. However, some economists do not believe gold serves as a hedge against inflation or currency depreciation.[13]

The ISO 4217 currency code of gold is XAU.

Modern bullion coins for investment or collector purposes do not require good mechanical wear properties; they are typically fine gold at 24k, although the American Gold Eagle, the British gold sovereign, and the South African Krugerrand continue to be minted in 22k metal in historical tradition. The special issue Canadian Gold Maple Leaf coin contains the highest purity gold of any bullion coin, at 99.999% or 0.99999, while the popular issue Canadian Gold Maple Leaf coin has a purity of 99.99%. Several other 99.99% pure gold coins are available. In 2006, the United States Mint began production of the American Buffalo gold bullion coin with a purity of 99.99%. The Australian Gold Kangaroos were first coined in 1986 as the Australian Gold Nugget but changed the reverse design in 1989. Other popular modern coins include the Austrian Vienna Philharmonic bullion coin and the Chinese Gold Panda.

What is the min purchase needed for UOB? And also CIMB and MBB?

This post has been edited by coo|dude: Oct 3 2011, 10:01 PM

Come on, you want to buy gold but dont have the decency to atleast look at their websites, just making this thread longer and unproductive.

very informative thread
newbie here. hope i dun ask questions that deserve to be bombed

is it difficult/rare to get gold bullions?

i see a lot of you guys talking about buying n selling. do most pf you guys invest thru banks?

thanks

Maybank - 1 gm

CIMB - 10 gm

UOB - 20 gm

PBB 20 gram to open... 10 to hold..

i think the right streategy is NOT following the trend. more and more people buy gold during the price is rising. then the price dropping. they afraid they will lose more, then quickly sell underprice. lepas tu dah serik.

gold price somehow follow the law of physic also. what goes up must go down. and when it's down...it will go up after a period of time.

-when price goes down - more people buy

-when more people buy - harga naik

-when harga naik - people sell

-when people sell - more stock

-when more stock - price goes down

i think that's the cycle.

so if want to buy, but during price drop. sell when price is high.

do not buy during harga tgh naik. do not sell klau masih rugi.

today CIMB RM175! up up..

If the min purchase for CIMB and UOB is 10 and 20gm respectively, wouldn't it better to buy Genneva Gold? Their min is also 10gm.

Correction : PBB - 10g to open... 2g to hold...

not this #$%&*@ again...

i think this should be UOB.. minimum open 20gm, hold 10gm