if you play spot gold - can get quick money.
or if u have money for 500gm-1kg - go uob can get quick money.

long term go physical.

lustman,
this lot shop sells dinar restu. good price i'd say.
http://hijrahgold.lot.my/index.php?route=p...roduct_id=28833

hongchai,
yes you are right, with dollar rallying the gold price UOB is not moving much

same as greece, portugal and italy. us also like to use other people's money to bail themselves out.
greece has a significant amount of gold, italy is the top 5 gold reserve based on World Gold Council stats. but they hold to their gold, and kept selling treasury bond to bail themselves rather than selling off their gold. Y? if they sell out the gold, they'll lose everything.

recently few EU members are already requesting those country requiring bail-out to put their gold as collateral , but greece n italy refuse to and keep on selling their bonds. and greece bonds already hitting 135% yield!

congrats congrats, can belanja all of us makan already and share what platform u use to trade
the abcd harmonic is looking at 1756 issit?

i'm locking my 1 dinar restu @ nubex. 24/7 online gold store

This post has been edited by keii-kun: Sep 15 2011, 11:15 PM

the only way you can capitalize on this is on paper gold - etf, forex etc

else here, you can lock the physical price from 24x7 dealer, such as :

either nubex -
good price on 1 dinar rm790 ,
50gm gold bar @ rm184/gm
or the 100gm 999 bracelet @ rm185/gm.

another one - public gold.

other than that, all of us could just pray hard tonite that asian market wont push the price further as we always see

if u compare with paper gold yes the spread is big 6%, but then again it is physical gold. you need compare with other physical gold, i.e uob bullions 3.x% but u have to wait banks open and got stock, which is unlikely these days.

hope for a further selldown for re-entry by tis week

he won't sell. he'll move his trailing stop down further to lock the profit
congrats quinn

edited-he has his trading plan.

This post has been edited by keii-kun: Sep 22 2011, 08:45 PM

already take profit ok what, rather than loss. just average ur purchase lor.

just look for nx opportunity no need to curse urself

when u have paper gold with any bank, you know that you are at their mercy. when we had gold with them, wouldn't we be happy when their update as fast rising price?
now, good la they're slow cos give time ppl to go n sell.

anyway, those holding physical shudn't be worry. just keep em.

lustman, sorry for the late reply - my benchmark is mysmartgold or nubex buying back price. then i see whether the margin is good or not.

quinn, you are in a good mood today! teaching hammer summore

read the first page next time.

anyway, quinn, appreciate if could always dropby on weekends to give weekly candlestick insight on gold

appreciate it

lol. read previous post on what's happening.
that is if usd drop but gold did not climb.

lustmsn,
1- yes. if the movement is aggressive yes it will be updated
2 - yes. nugget in hard case so take out ,put back still ok. maple is soft case have to koyak n got chances uob won't buyback.
btw, the will only buyback sold by the owner n with receipt. not sure abt we can request put blank name om receipt.

@godek,

no need to post the same question twice. if you read page 1, most of the answers are there. take your time to read. tq.

yes, timing/entry is quite important.
i bought maybank july 2010 - 128/g.
from july until mar 2011, not really move. even dipped in feb11. only start climbing in may but i missed the opportunity to sell at 180. it was a brief moment only.

uob entered end july 154.6 exit early aug 173.1 meet target already then bought physical

if u plan to buy n keep- go physical lah.

you very jahat.
wait summore to reload.

thanks quinn. i guess we shd wait a while to reload

those who bought monday at 166 can sell NOW to lock rm3 profit at least those with 100gm. then later 10am buyback or wait little more

no need to search 10page, check page 1 cukup.

as for investment decision, i believe most of us already mature enuff to not to blame anyone's suggestion/opinion. we have ourselves to blame on.

cheers.

uob yesterday closing 171/169

smoky, mbb last time gspa give withdrawal in physical, to be specific in PAMP cast bar- those sold with pink cert. now MGIA no more physical withdrawal.

kuwait finance withdrawal in physical only ya, no cash money. go read v2 thread. was discussed extensively.

pamp cast bar is cheaper than lady fortuna - but only 100gm cast bar.

gog, no need to buy pamp bar at habib or tomei. mysmartgold sells lady fortuna 172/gm. their buyback are better also.

as long u buy PAMP cast or lady fortuna , they should come with cert from pamp.but check first b4 paying, in case lah.

today uob hq got someone sell his 10pcs ozzie nuggets and all are snapped up b4 12noon. lucky my fren managed to buy one.

additional info - u can request uob to issue blank name receipt. can sell to othera easier.