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 Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings

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Disagree
post Sep 2 2011, 10:05 PM

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QUOTE(Disagree @ Sep 2 2011, 10:03 PM)
Any prediction when gold price will fall? Some say Jan/Feb 2012
Bought some gold today.. Buy morning 11 am spread was RM 2..At 5pm already cover the RM2 plus 20c profit
Lolx  rclxms.gif
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monsta2011
post Sep 2 2011, 10:11 PM

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QUOTE(hongchai888 @ Sep 2 2011, 10:05 PM)
I already missed the opportunity to buy on 23 August, now saw it keep raising really feel  cry.gif ....

But I heard it will drop, but how come it raise like helicopter today
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Go the opposite way brows.gif buy some blue chip stocks when gold price increases. Do the reverse when gold price decreases.
SUSbuysell
post Sep 2 2011, 10:24 PM

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QUOTE(Disagree @ Sep 2 2011, 10:05 PM)
Any prediction when gold price will fall? Some say Jan/Feb 2012
Bought some gold today.. Buy morning 11 am spread was RM 2..At 5pm already cover the RM2 plus 20c profit
Lolx
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Which bank UOB?
Disagree
post Sep 2 2011, 10:26 PM

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QUOTE(buysell @ Sep 2 2011, 10:24 PM)
Which bank UOB?
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Yupz.. their system sucks, but price is very gud nod.gif
trencher10
post Sep 2 2011, 10:35 PM

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Hmm. Gold price jumped the 1850 mark. Wonder where the averages will lie or when a 2008-2009 drop [dropped 200 USD] can happen (the best time to stock up on gold).
Disagree
post Sep 2 2011, 10:48 PM

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QUOTE(trencher10 @ Sep 2 2011, 10:35 PM)
Hmm. Gold price jumped the 1850 mark. Wonder where the averages will lie or when a 2008-2009 drop [dropped 200 USD] can happen (the best time to stock up on gold).
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When u guys plan to sell.. i hv been buying continuously for past 8 months. Thinking when best time to sell?

SUSbuysell
post Sep 2 2011, 11:01 PM

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Maybe 1900 is the mark, it just going back to the point where it is suppose to be and moving forward on next week. hmm.gif
gold hunter
post Sep 3 2011, 02:33 AM

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QUOTE(kueyteowlou @ Sep 2 2011, 05:41 PM)
hmm.gif

physical gold cost more than market price?


Added on September 2, 2011, 5:41 pm

hmm.gif

physical gold cost more than market price?
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what do u meant by market price?

u can search go around first what is selling price for Pamp 5grams gold bar and dealing by COD, spot price is going up already so i dont think RM1050 is expensive. sweat.gif
TruthHurts
post Sep 3 2011, 06:25 AM

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QUOTE(Disagree @ Sep 2 2011, 10:48 PM)
When u guys plan to sell.. i hv been buying continuously for past 8 months. Thinking when best time to sell?
I want to keep mine long term. If you want to profit from gold, just calculate how much you bought your gold vs how much bank is buying from you.

cybermaster98
post Sep 3 2011, 12:15 PM

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Read gold commentries here:
http://silver-and-gold-prices.goldprice.org/

Gold now trading at US$ 1,883 per ounce. Will gold rise further? I think it will based on the following articles.

http://latimesblogs.latimes.com/money_co/2...-rescue-qe.html

http://money.cnn.com/2011/09/02/markets/oi...x.htm?iid=HP_LN


cybermaster98
post Sep 3 2011, 12:16 PM

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QUOTE(Disagree @ Sep 2 2011, 10:48 PM)
When u guys plan to sell.. i hv been buying continuously for past 8 months. Thinking when best time to sell?
Short term buying n selling will only get you small returns while exposing you to greater risks. Always plan to keep gold for a longer period. Keep buying at the dips but try and hold on to the gold longer as the long term outlook for gold is up.

hongchai888
post Sep 3 2011, 04:42 PM

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QUOTE(Disagree @ Sep 2 2011, 10:26 PM)
Yupz.. their system sucks, but price is very gud  nod.gif
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I like the UOB branch that located at Pudu. U can look for Ms.Karen , she will explain good for you. Important is lenglui hohoho.
trencher10
post Sep 3 2011, 07:57 PM

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Gold prices look too volatile for me looking back with 6-10 months data. Trying-to buy in at a good price point is getting harder. Short-term peak price points where profit-seekers also cash in seem to push prices down at times that make it jump in directions uncertain for the stable investor.
Sh@rty 5
post Sep 3 2011, 08:10 PM

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QUOTE(hongchai888 @ Sep 3 2011, 04:42 PM)
I like the UOB branch that located at Pudu. U can look for Ms.Karen , she will explain good for you. Important is lenglui hohoho.
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planning to start to buy some too ( after delaying for so long )

further down walking distance also got UOB , i see lots of positive feedback from forumers here bout the low spread )

but hmm, dunno the staff inside leng lui or not laugh.gif
CBTautoparts
post Sep 3 2011, 08:45 PM

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When gold will fall? When world recession occur,all money rush to US dollar. When will it happen? Not in short term...Only when inflation rate over 10%, crude oil and gold skyrocketing.... History always repeat itself especially in market. tongue.gif

Just my 2 cents. rclxms.gif
monsta2011
post Sep 3 2011, 11:55 PM

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QUOTE(hongchai888 @ Sep 3 2011, 04:42 PM)
I like the UOB branch that located at Pudu. U can look for Ms.Karen , she will explain good for you. Important is lenglui hohoho.
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You're captivated by her beauty ah biggrin.gif ?
bigwolf
post Sep 4 2011, 12:09 AM

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I heard Citibank girls are drop-dead gorgeous wor. Killer 'pun lap' n miniskirts biggrin.gif
monsta2011
post Sep 4 2011, 12:16 AM

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QUOTE(bigwolf @ Sep 4 2011, 12:09 AM)
I heard Citibank girls are drop-dead gorgeous wor. Killer 'pun lap' n miniskirts biggrin.gif
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Oi, what kind of dress code is that for bankers? Anyway, seeing is believing. u go check them out yourself on Monday la. Pulak pulak open a gold account there LOL
bigwolf
post Sep 4 2011, 12:29 AM

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QUOTE(monsta2011 @ Sep 4 2011, 12:16 AM)
Oi, what kind of dress code is that for bankers? Anyway, seeing is believing. u go check them out yourself on Monday la. Pulak pulak open a gold account there LOL
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ok some correction is needed. I once worked in Citibank for a short time and I can tell you it's true. Just go to Menara Citibank n stand around the smoking areas (facing Nikko hotel) n feast your eyes drool.gif


chengcheng
post Sep 4 2011, 12:54 AM

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Prices of Bunga Raya in Poh Kong is now RM 208 per gram.

So so so expensive...

Is there still room to go up?

unsure.gif unsure.gif


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