silver bars are tax free, but coins 15%.

kinda stupid rule for them to only tax on silvrr coins. maybe i will get gold bars and silver bars for the moment. plus some paper gold and silver too. lol

Hovering at USD16XX/oz.. boring la

Favourite word for bloomberg tv today is "bear market". Weird, i felt happy

with 4k, i think you play paper gold at uob, short term investment.

lol damn price drop back to the price when I bought, sien

your entry price? and expected exit price?

in 167/out 187

same here but me looking for 185 ( seeing today's market in the noon, thought of going out at 180 , but sigh u saynow drop back to 167 d

Start with my 18G Gold investment with Kuwait Finance House. Got physical like this:



For this Kuwait Finance House investment:
1. Buy at RM175.94
2. Expected Sell at RM210 (20%) from today till October 2012.
3. Or come to worst at RM194 (10%), or just wait till price is right

Also will bought another 100gm in physical to pawn it, then money get will open another account at UOB (20gm), CIMB (10gm) and Public Bank (10gm). Balance money will buy physical gold and pawn, repeat till no more money to spend on gold.

Total budget: +- RM20k

Feel free to give comment, as I am newcomer hehe

This post has been edited by Godek: Oct 4 2011, 10:53 PM

depend on which country U going to ok?
even though it is tax free, there is a limit to how many oz u can carry w/o any declaration. I think is about USD20,000. if not mistaken.
varies between countries.
If it is more than that then U need to declare. It for money laundering protection.

rock and roll starts again ?

we cant buy it now as tmr when malaysia market open will be stabilized i think?

seems tomoro gold will be down

mind elaborate?

Seems tomorrow gold will be up

You bought it recently? It seems KFH introduce new certificate packaging..I bought last April if not mistaken.
BTW, you keep the KFH gold by yourself or let it be in the bank? Bcos once you withdraw, the bank will not keep it for you anymore if you want to return; they only accept buying back

i sure hope so.

No way thats gonna happen. Where are u getting your info from la?

Gold now trading at 1,614 compared to 1,670 about 9 hrs ago. Once it starts to drop to this level, it either maintains or drops further. Might go up a little but no where close to yesterday's prices. Im predicting a continous drop with some mild recovery towards the end. But surely prices tomorrow in Malaysia will be lower than today's closing prices (175.73 on MBB).

This post has been edited by cybermaster98: Oct 5 2011, 01:17 AM

I was a little disappointed with Gold's movement just now. After long waiting, it didn't break out of the 1668 H2 kumo resistant. It formed a reversal candle at the top kumo in H4 and made a huge dip turning it into bearish momentum again. However, I still favor my point (D). If market comes below 1600, it will start hunting for bearish movement instead. Ultimately, it still needs to break 1532 for more bearish movement.


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