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

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jphlau
post Oct 8 2011, 07:55 AM

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eCONomist is really CONman... used to predict that gold is going to 2200/oz in the middle of the year but actually going the other direction a few months ago.. then saying gold is going to tank to 1200/oz but actually maintaing at 1600/oz.. if that is the case, i can also be a economist... since i will have 50% of getting it correct...
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
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
jphlau
post Oct 25 2011, 10:13 AM

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QUOTE(eXTaTine @ Oct 25 2011, 09:23 AM)
I expect a correction soon, either today or tomorrow.
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based on???????????
jphlau
post Oct 27 2011, 12:56 PM

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World's biggest gold coin worth $53m

The biggest, heaviest and inherently most valuable gold coin in the world has been unveiled by the Perth Mint.
Weighing 1012 kilograms, it is more than a tonne of 99.99 per cent pure gold worth more than $53.5 million.
The giant coin is 80 centimetres wide, 12 centimetres deep, took 18 months to create and features a bounding red kangaroo on one side and the Queen on the other.
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It is Australian legal tender and has a denomination of $1 million — well below its gold value.
Perth Mint chief executive Ed Harbuz said the coin was "the pinnacle of ingenuity and innovation".
"To cast and handcraft a coin of this size and weight was an incredible challenge — one which few other mints would even consider," he said.
Mr Harbuz said the coin was a showpiece of the Australian kangaroo gold bullion coin program, and would coincide with the release of several smaller gold coins this week.
The weight and purity of each issue is guaranteed by the West Australian government.


http://www.theage.com.au/business/worlds-b...1027-1mlk9.html

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