1.00 USD = 3.12205 MYR
Gold price stagnant USD167x/1oz

Gold need more correction to kick away those short term leecher.

Gold is stuck.....*yawn.......it does not break 1700 and its stuck in a range...

nubex is absolutely trusted than PG. They selling international certified gold bar. You should have to worry about PG.

Usually when gold stagnant, it steep dip, now see USD165x/1oz look like the correction to kick out short term investor is on the way.

worry about PG? why? anyway, I see the PG operate like MLM. Very scary. Price also very high.

I dont even get your logic

Now is the best time for more short term investors to hop in for the next ride

Hehe..sharp drop now..

But USD also raise sharp

Anyone know any place got stock for pamp gold 20g?

Anyone here have come across Gold investment plan? I am working overseas and i come across an interesting plan.
The plan is that you invest in the gold bar, they will give you the physical gold bar, and that they will still pay you 2% of what you buy every months. They guarantee your cashback:
3 months=4.50%
6 months=12%
12 months=30%

However, the selling price is a bit more expensive compared to the market price (hedging). By the end of the investment, you may sell the gold bar back to them at the same price, or you may keep the gold bar, and sell to other shops.

Anyone here have any experience with this kind of investment?
http://www.goldentradersinternational.com/
http://gtigolden.com/

Just want to know if there are any pros and cons to this kind of investment as well.

Is there such facilities in Malaysia?

(Sorry in advance if this post have been already asked, i browse through the first few pages, and found too much to read... )

on_no,
u can alwaya use search function.too much to read means u dun mind losing money if those investment scheme closed door.

Yay, earn USD 2500 today on my Gold trade, buying in at 1631 and selling at 1656...

im thinking of buying physical gold from UOB bank...like Canadian Gold Maple Leaf, Australian Kangaroo, Gold Nugget, Swiss Kinebar,Swiss Pamp Gold and Singapore Lion Gold Coin in small quantities la of course....i have about RM5K to spare....just wondering....if i keep if for 3-5 years...my concern is it not being insured by PIDM.....dunno secure or not..

THIS IS A NON-PRINCIPAL PROTECTED PRODUCT. THE RETURNS ON THIS INVESTMENT ARE SUBJECT TO THE GOLD PRICE FLUCTUATION. THE RETURNS ON THIS INVESTMENT ARE UNCERTAIN AND CUSTOMER RISKS EARNING NO RETURNS AT ALL. THE CUSTOMER IS REMINDED THAT THIS PRODUCT IS NOT INSURED BY PERBADANAN INSURANS DEPOSIT (PIDM).

What do u guys think...

How did you guess that it was going to go up at around the 1630 level? Could you share a little of your insight?

1630 was an area of support/resistance, one of the support points in Gold when it plummeted last month, also served as a resistance when Gold recovered from 1535 at the low. Also based on the movement of Gold the last couple of weeks...the trading range was always less than 50 dollars...so at around that point you would expect a rebound...

At where u trade? Forex.com?

u trade huge $$.

so little bit difference, also can earn so much...

you can go ahead and invest, no worries la. not insured by pidm means if the bank collapse, then you won't get back your money. but how often do we hear bank collapse in malaysia?

never ever participate with this kind of investment even if they promise a bunglow house or bmw. many reasons.

if you really want to invest go and buy 1kg or any amount that you can afford and keep it, period!

No, I trade with a local broker in Singapore...

100 oz contract.....I usually don't hold my position overnight and never longer than a week...and put tight stops to limit my losses if the direction goes against me...