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

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thunderaj
post Oct 10 2011, 02:10 PM

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kitco gold price myr 163.96 per gram.
eXTaTine
post Oct 10 2011, 02:16 PM

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QUOTE(Alexdino @ Oct 10 2011, 11:55 AM)
i do think others are able to distinguish what is correct and what is wrong. It is all about "speculation" = high risk = possibility of high profits icon_rolleyes.gif.


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Obviously not everyone otherwise we wouldn't have ppl like buysell. To me I feel that even if we want to post our opinions here we have a responsibility on what we post on the Internet, a lot of ppl are reading these statements. It's fine if they screw up their own investments, they only hurt themselves but if they influence others to make bad decisions this is a wrong thing.

Added on October 10, 2011, 2:23 pm
QUOTE(buysell @ Oct 10 2011, 11:53 AM)
LOL are you saying that to yourself? doh.gif From the very start you disturb my post with that face ( whistling.gif ) <--- like this! You have been asking troubles yourself. Go back to kindergarden kid and learn your manner before you speak!
This is a free to speak forum ok, I have my own opinion to share if you don't like it, just leave it. You are the fool not understanding what happening here and why I complaining about him. Be my guest if you want to worship him fool!
Who is not respecting who, he or me? He came disturb my comment first with his rude face ( whistling.gif ) trying to proof he's better, do you understand what is happening here? kueyteowlou...

All I asked is to leave me alone but still he keep on flaming me. Childish Quinn, if you never disturb me first I won't be bothering you, you still don't get it, dont you?! hmm.gif
Quinn, you think you have chart to support your statement and some technical informations to show you have all the rights to be rude on people ha? hmm.gif Answer me! You got ball to disturb me so answer me and now you want to be hero! This will go on, I have all the time waiting. You start the flame war with me first remember that!
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Buysell, you have been consistently wrong in your predictions while Quinn has been relatively accurate. The facts speak for themselves and given the facts, if anyone should leave, it is you. How can Quinn show you his rude face when this is a forum? Nobody can see what anyone else looks like. As I see, the only one who was rude is you, who keep criticizing Quinn for his analysis instead of asking politely for a elaboration of his charts.

This post has been edited by eXTaTine: Oct 10 2011, 02:23 PM
fahrur_07
post Oct 10 2011, 03:38 PM

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Public Bank Gold Investment Account

Gold Investment Account as at 10/10/11 3:15 PM

Selling Price Buying Price
1 gram RM 170.5100 RM 163.8100

haiya..
why keep dropping?
cherroy
post Oct 10 2011, 03:40 PM

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Please do not post non-related issue to gold discussion.
Ty.
Alexdino
post Oct 10 2011, 03:46 PM

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QUOTE(cherroy @ Oct 10 2011, 03:40 PM)
Please do not post non-related issue to gold discussion.
Ty.
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rclxm9.gif been waiting for this post. If you could please remind those involved and those keep coming to get themselves involves. biggrin.gif

Added on October 10, 2011, 3:49 pm
QUOTE(fahrur_07 @ Oct 10 2011, 03:38 PM)
Public Bank Gold Investment Account

Gold Investment Account as at 10/10/11 3:15 PM

  Selling Price Buying Price
1 gram RM 170.5100 RM 163.8100

haiya..
why keep dropping?
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doh.gif MYR strengthen from 3.15 in the morning to 3.13 now. Budget 2012 really keep our currency pushing, but why m i not happy? lol.. sweat.gif

This post has been edited by Alexdino: Oct 10 2011, 03:49 PM
jphlau
post Oct 10 2011, 03:50 PM

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QUOTE(Alexdino @ Oct 10 2011, 03:46 PM)
rclxm9.gif been waiting for this post. If you could please remind those involved and those keep coming to get themselves involves. biggrin.gif

Added on October 10, 2011, 3:49 pm

doh.gif MYR strengthen from 3.15 in the morning to 3.13 now. Budget 2012 really keep our currency pushing, but why m i not happy? lol..  sweat.gif
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its more of USD drop than MYR increase. MYR to AUD still maintain the same around 3.09
Alexdino
post Oct 10 2011, 03:57 PM

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QUOTE(jphlau @ Oct 10 2011, 03:50 PM)
its more of USD drop than MYR increase. MYR to AUD still maintain the same around 3.09
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erm.. but New York market haven't open, yet USD already drop so much?

This post has been edited by Alexdino: Oct 10 2011, 03:59 PM
tothebest
post Oct 10 2011, 04:11 PM

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QUOTE(Alexdino @ Oct 10 2011, 04:57 PM)
erm.. but New York market haven't open, yet USD already drop so much?
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if USD drop means GOLD will up rclxms.gif
NeN51
post Oct 10 2011, 04:15 PM

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QUOTE(fahrur_07 @ Oct 10 2011, 03:38 PM)
Public Bank Gold Investment Account

Gold Investment Account as at 10/10/11 3:15 PM

  Selling Price Buying Price
1 gram RM 170.5100 RM 163.8100

haiya..
why keep dropping?
*
aiyo.. i lost RM30 already... haha. i bought last friday @ RM 173
mingophoria
post Oct 10 2011, 04:35 PM

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QUOTE(tothebest @ Oct 10 2011, 04:11 PM)
if USD drop means GOLD will up  rclxms.gif
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not gold will drop meh?
jphlau
post Oct 10 2011, 04:40 PM

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QUOTE(Alexdino @ Oct 10 2011, 03:57 PM)
erm.. but New York market haven't open, yet USD already drop so much?
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forex is traded 24hrs per day

Added on October 10, 2011, 4:41 pm
QUOTE(tothebest @ Oct 10 2011, 04:11 PM)
if USD drop means GOLD will up  rclxms.gif
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in ringgit terms might not see much difference...

This post has been edited by jphlau: Oct 10 2011, 04:41 PM
mcdkfc
post Oct 10 2011, 04:56 PM

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QUOTE(NeN51 @ Oct 10 2011, 04:15 PM)
aiyo.. i lost RM30 already... haha. i bought last friday @ RM 173
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if you want to calculate profit/loss, you may compare to the price which is bank buy from you (RM163). Means that your loss is RM10/g... doh.gif
hongchai888
post Oct 10 2011, 04:57 PM

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Hope gold will up some more and USD up a bit also, then tomorrow I will proceed to sell, start to earn my first 3% this month
SUSbuysell
post Oct 10 2011, 05:05 PM

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1.00 USD = 3.12275 MYR

USD drop GOLD up! thumbup.gif year end can see GOLD back to 19xx if USD keep on dropping huhuuu rclxms.gif
mcdkfc
post Oct 10 2011, 05:08 PM

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QUOTE(hongchai888 @ Oct 10 2011, 04:57 PM)
Hope gold will up some more and USD up a bit also, then tomorrow I will proceed to sell, start to earn my first 3% this month
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3% profit, too small amount meh?
Irresistible
post Oct 10 2011, 05:21 PM

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QUOTE(hongchai888 @ Oct 10 2011, 04:57 PM)
Hope gold will up some more and USD up a bit also, then tomorrow I will proceed to sell, start to earn my first 3% this month
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Ur bank is beside ur house ?
U invest BIG SUM ?

I only aim for 15%, I think many of us here aim more more le... notworthy.gif
NeN51
post Oct 10 2011, 06:05 PM

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QUOTE(Irresistible @ Oct 10 2011, 05:21 PM)
Ur bank is beside ur house ?
U invest BIG SUM ?

I only aim for 15%, I think many of us here aim more more le... notworthy.gif
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couldnt agree more.. 3% not enough to buy a good meal for myself doh.gif
thunderaj
post Oct 10 2011, 06:23 PM

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kitco gold myr 167 per gram
BoboTheGrouch
post Oct 10 2011, 07:25 PM

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Sigh..i hope n my fingers crossed tat it will go up so tht i can earn a little for my yr end holiday. I just bought no fun seeing it go down lol
hongchai888
post Oct 10 2011, 07:34 PM

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QUOTE(Irresistible @ Oct 10 2011, 05:21 PM)
Ur bank is beside ur house ?
U invest BIG SUM ?

I only aim for 15%, I think many of us here aim more more le... notworthy.gif
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Nola because I study those China gold forum, know what is the rates they normally buy and sell. Hit and run strategy. I invest quite a huge amount, so 1 month 10% profit is my main target. Below is one of the example from the forumer there (Google translate if cant read chinese tongue.gif )

综上所述：在基本面上，欧债危机再次恶化和漫延，市场风险偏好情绪受到进一步的打击；但实物买盘和全球通胀对现货金也有较强的支撑。在技术面上，现货金今天仍然面临一个震荡的格局。

现货金晚盘建议:震荡格局 。美洲盘开盘前回测1648（338.23）-1650(338.64)附近短多，目标1662(341.1)以上（1662-1666-1678），止损3-5美元以上；上破1666(341.92)，可看至1676(343.97)以上。再次冲高至1678(344.38)-1680(344.79)附近可短空,目标10美元以上,止损3-5美元以上;下破1648，可看至1637(335.97)以下。

日内支撑：1595-1610-1625
日内阻力：1666-1680-1698
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