hahaha... i hope i did....

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Added on October 12, 2011, 4:01 pmI know man... i want to buy 1000gm if i can afford..

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Added on October 12, 2011, 4:02 pmmarket hard to predict la.. like today AFFIN-CD had a 600% swing... crazy bull

This post has been edited by NeN51: Oct 12 2011, 04:02 PM

Dear all,

May i know it's majority of u are investing in paper gold?

Coz im keeping PAMP physical gold bars 100gm (5 pcs) start from June 2011 @ RM 156 per gm for investment.

Majority i brought from 1StopGold due to their buy back policy.

May i know any other reliable sellers?

Many thanks for urs advise ..

damn..gold is now quite good to sell- 1687..... arghhh..... but bank close d :'(

I believe you could earn more in the future

1.00 USD = 3.12650 MYR

Gold up now USD168x/1oz

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Added on October 12, 2011, 6:52 pmAs predicted, gold has succeed to hold at 1660 line and bounce back to 1670, then travel further to 168x. Now hope it could break the next resist line at 1689, then it will at least move further to 1710.

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Added on October 12, 2011, 6:50 pmNot much different because USD also down.



This post has been edited by hongchai888: Oct 12 2011, 06:52 PM

thinking on the brighther side

hopefully next week, gold will up due to festive day coming, deepavali

The Chu...Chu...train is moving.

This post has been edited by buysell: Oct 12 2011, 09:01 PM

Asian and Europe keep supporting and bump gold, only America keep dumping now. Go participate america idol or watch NBA lah, stop spoil the market

This post has been edited by hongchai888: Oct 12 2011, 09:35 PM

Gold fell in choppy trade on Thursday (13/10/2011) after the European Central Bank held off flagging an imminent cut in interest rates, deflating an earlier rally in assets seen as higher risk, such as equities and the euro. pot gold was at $1,634.24 an ounce at 1355 GMT, 0.4% below levels at which it traded late in New York on Wednesday but off an earlier high of $1,654.55.

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Added on October 12, 2011, 10:39 pmBrent crude fell on Wednesday, snapping five days of gains, after OPEC cut its global oil demand forecast and plans for greater powers for a euro zone bailout fund hit a snag, rattling investor confidence. U.S. crude on the New York Mercantile Exchange was down 37 cents to $85.44 a barrel, after slipping as low as $84.52.

This post has been edited by Eye-Hub: Oct 12 2011, 10:39 PM

rich pppl detected...

Dip back to USD167x/1oz now after hitting USD168x/1oz haizzz

Gold will perform best among commodities next year and may rally to a record as investors seek to safeguard their wealth against slowing economic growth, according to Morgan Stanley.

The 2012 forecast for bullion was increased 35 percent to $2,200 an ounce, while a so-called bull-case target for next year was put at $2,464, analysts including Hussein Allidina wrote in a reportyesterday. Silver may also gain, while forecasts for oil and copper were cut, thereport said.

Morgan Stanley joins Credit Suisse AG and Goldman Sachs Group Inc. in calling for gold to extend its rally next year as European policy makers battle a debtcrisis. The metal is in the 11th year of a bull run as central banks step up purchases and investors seek to protect their assets from weaker currencies.

“With macro headlines threatening demand across the complex, we have become more selective about commodity exposure,” Allidina wrote. “Gold and silver are our top commodity picks heading into 2012.”

Spot bullion, which traded at $1,659.35 an ounce at 4:03 p.m. in Singapore, rallied to an all-time high of $1,921.15 on Sept. 6. The price advanced 8.2 percent in the third quarter, the 12th consecutive three-month gain.
'Most Resilient’

“Gold, and silver to a much lesser extent, are viewed as safe havens and store of value as well as the closest thing to a global reserve currency,” the report said. Gold “has been the most resilient in past recessions,” it said.

Commodities are oncourse for the first annual drop in three years on concern that the sovereign-debt crisis in Europe may undermine global growth. Most advanced economies are lapsing into recession while the U.S. is already contracting, Nouriel Roubini, the economist who predicted the bubble in U.S. housing before the market peaked in 2006, said in New York last month.

The Standard & Poor’s GSCI Spot Index, a raw material gauge, has lost 4.1 percent this year after rising 20 percent last year and 50 percent in 2009. The index lost 12 percent in the three months to Sept. 30, the biggest drop since 2008.

Still, commodities may gain 20 percent over the next year as emerging-markets growth offsets the impact of Europe’s debt crisis and a slowdown in developed economies, Goldman analysts led by Jeffrey Currie wrote in an Oct. 4 report. Goldman reiterated a target for gold to trade at $1,860 in 12 months.

Increased investment and physical demand for gold due to financial-market dislocation helped drive this year’s rally, Credit Suisse AG analysts including Ric Deverell wrote in an Oct. 4 report. The bank lifted its 2011 forecast to $1,575 from $1,480 and its 2012 estimate to $1,850 from $1,540

hi, New to gold investment

refer to this page
http://www1.uob.com.my/jsp/finance/fin_gold.jsp?func=gold

what is the different between AUST NUGGETS ,GOLD MAPLE LEAF , KINEBAR , PAMP GOLD , S'PORE LION??

so far i only know there is paper gold and physical gold~

mind to explain ?

any physical gold player here?

Because it fail to break the resist line at 1689, lets see what happen today.


This post has been edited by hongchai888: Oct 13 2011, 07:13 AM

Me But small time player only. Only 17 years old.

Me. Not a "player", a long-term investor who believes in holding PHYSICAL GOLD to hedge against inflation and currency devaluation.

Here, read 10 Reasons to Buy Gold
“GOLD cannot be printed or subject to some (mis)interpretation of accounting rules. Neither is it subject to bankruptcy of banks or governments. The physical is not subject to the rules and subversion of exchanges, regulators, ratings agencies or clearing systems … Money is a serious business, and GOLD IS MONEY.” Learn more at http://wp.me/p1nT6G-ts

BTW, come listen to this Talk by Dato' Philip Lim. -- One of the topics include Why Buy Physical Gold. TONIGHT at 8.00PM-10.30PM at Level 10, Maju Tower, Jalan Sultan Ismail, Kuala Lumpur. It's next door to Maju Junction Mall. Some LYN forumers are attending too.

Cheers and have a great day!

just like the difference of LV gucci prada chanel and PAMP is the hermes