http://www.youtube.com/watch?v=Gk5aRIz17fk

LOL! Watch and see.

Yeah. If someone offered RM50 for 1oz gold coin I would give him RM100 to follow me to go to a gold shop to test whether it is real

I'd like to get a single coin as a retirement gift for someone, no investment intentions. Any advice on type, ease of purchase, any owner's registration complications?  How about from a jeweler?

111

Guys,

I've read all 3 threads just to make sure I understand and don't ask a silly repeated question. Was googling on UOB GIA, saw this.

Secondly, you will be charged an administrative fee (in grams of gold) of 0.12 gram per month or 0.25% p.a. on the highest balance per month, whichever is higher. This makes keeping low balances in your UOB Gold Savings Account not worth your while.

What does it mean? I thought the only admin fee is the one with RM2 per month if balance below 10g? Confused.

I agreed with you  So anyone know USD 1855 equavalent to how much in RM per gram? RM 180? Or lesser?

@buysell

1 troy ounce = 31.1034768 grams. So usually counts as 31 grams or 31.1 to be more precise 

bold but i like it, bro. i'd say the same exact words 

for me i start with 2g (i poor man) and build 1g each time i got my salary

tak apa, dia sikit2 lama lama jadi gold bar hahahahhahaa, got saving already good rite...rather than no saving or negative saving

my first encounter with gold was via e-gold - usd470 / oz. those 12dailypro days. during that time, you can even request e-gold to withdraw physical at UK.

u think now is a time to go in???

So cheap? Which bank you bought with? I check with UOB this morning = 181.40

how long it will go down b4 go up again ??
any idea?? 1849 now and i bet it will never reach 1800 and below ..

Ya... Bubble is like the price go too high up until not realistic to actual valuation or market price...

My fren listen to me have bought 50gm today at RM 181.5

Manatahu price keep dropping until 1820 USD...He blaming me now

I want join too..can I start with only 5 grams??

If ure investing in gold (and if u can afford it) then always buy more. Buying 5-10g is almost not worth it in the long run. If u buy at RM180 and even if u sell at RM 250 6 months later, your profit is only about RM 700 (for 10g). You can probably save this much just by cutting down daily expenses.

I bought about 400g in 2009. Others have bought much more. But again its based on individual affordability.

TQ buysell..Just want to be clear...What diff between buying gold at goldsmith and this investment?

Very hard to convince my wife about it..

as i know US holds the largest gold reserve in the world,
do you guys worry that US will sell a portion of their gold to pay off their debt, instead of printing money?

if they do so, gold price will face a sharp dip,
and will go back to 1300 price point,
here is where the gold's bubbles break.

It was RM131/g.