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Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
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chrischin
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Oct 20 2011, 11:50 AM
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Getting Started

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QUOTE(nothingz @ Oct 20 2011, 11:27 AM) now seems attractive to go in, any comment? interested to buy from UOB. If i open GSA at UOB, i have to go personally for all the buy/sell transaction? Yes, you need to go there personally.
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mcdkfc
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Oct 20 2011, 12:47 PM
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Getting Started

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QUOTE(hongchai888 @ Oct 20 2011, 11:38 AM) Arghhhh will it up or down when Europe market open? If Europe market also down then we definitely can see RM 155 - 160 very soon. Wait or not... or buy more now....hmmm For me if long term investment, market price below USD1630/oz, we can buy... maybe you can buy partially... now, afternoon & before market close. At the end the average cost still lower. Just my 2cents opinion.
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Gold Swiftlet
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Oct 20 2011, 12:51 PM
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New Member
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Anyone of u consider to purchase PAMP gold bars from 1StopGold due to their lowest pricing compare with others???
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DM3
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Oct 20 2011, 12:55 PM
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buyin gold/GSA in sg UOB subject to 0.25% /annum but selling it about sgd 0.20 difference
today sell buy GOLD SAVINGS A/C SGD 1 GM 66.65 66.45
Added on October 20, 2011, 12:56 pmworth it?
This post has been edited by DM3: Oct 20 2011, 12:56 PM
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mcdkfc
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Oct 20 2011, 12:58 PM
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Getting Started

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QUOTE(echoesian @ Oct 20 2011, 11:42 AM) how is the PBB online spread? lower than Maybank but higher than UOB & CIMB Now online PBB gold price is RM166.9042/g This post has been edited by mcdkfc: Oct 20 2011, 01:07 PM
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SneakyLeaky
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Oct 20 2011, 01:14 PM
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Getting Started

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guys i wanna ask something, say if i buy silver from overseas, bring it back to malaysia. and then i wanna sell it here. will ALL merchants of gold and silver (Banks too) accept it? does it mean that as long as my stuff is real they will accept it no matter what brand is it?
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Gold Swiftlet
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Oct 20 2011, 01:37 PM
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New Member
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Anyone got any idea what happen to the Gold spot price suddenly drop to 1611 @1.30 pm ??
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Alexdino
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Oct 20 2011, 01:39 PM
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QUOTE(Gold Swiftlet @ Oct 20 2011, 01:37 PM) Anyone got any idea what happen to the Gold spot price suddenly drop to 1611 @1.30 pm ?? what is local price? rm160? no bank update their price..
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mcdkfc
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Oct 20 2011, 02:01 PM
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Getting Started

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QUOTE(Alexdino @ Oct 20 2011, 01:39 PM) what is local price? rm160? no bank update their price.. Now 1400hrs, online PBB gold price is RM166.6944/g This post has been edited by mcdkfc: Oct 20 2011, 02:03 PM
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blanket84
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Oct 20 2011, 02:03 PM
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I wonder what would happen to short term player who bought at 175-180?
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ahpoo
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Oct 20 2011, 02:12 PM
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Getting Started

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QUOTE(Gold Swiftlet @ Oct 20 2011, 01:37 PM) Anyone got any idea what happen to the Gold spot price suddenly drop to 1611 @1.30 pm ?? this happened: sosThis post has been edited by ahpoo: Oct 20 2011, 02:12 PM
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eXTaTine
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Oct 20 2011, 02:13 PM
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QUOTE(blanket84 @ Oct 20 2011, 02:03 PM) I wonder what would happen to short term player who bought at 175-180? If they sell now then lose money la...that's what will happen...what's the big deal?
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SUSgogo2
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Oct 20 2011, 02:15 PM
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QUOTE(eXTaTine @ Oct 20 2011, 02:13 PM) If they sell now then lose money la...that's what will happen...what's the big deal? I think its sarcasm question aim at people who bought at that price. I dunno why people so evil in this thread and in stock market thread. Laughing at people paper loss.
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Alexdino
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Oct 20 2011, 02:30 PM
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QUOTE(gogo2 @ Oct 20 2011, 02:15 PM) I think its sarcasm question aim at people who bought at that price. I dunno why people so evil in this thread and in stock market thread. Laughing at people paper loss.  haha, they usually like to show how much they can earn and never put some useful teaching material in it. Dont worry you need to lose in order for you to gain lesson. sometime tuition fee could cost a few thousand. RM 165/g only?  i though it will go down to 160 This post has been edited by Alexdino: Oct 20 2011, 02:31 PM
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ch1ck3n
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Oct 20 2011, 02:39 PM
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QUOTE(Alexdino @ Oct 20 2011, 02:30 PM) haha, they usually like to show how much they can earn and never put some useful teaching material in it. Dont worry you need to lose in order for you to gain lesson. sometime tuition fee could cost a few thousand. RM 165/g only?  i though it will go down to 160 hopefully it will continue the downtrend and the push the price down to 160.. 165/g is so unattractive now..when u know there is such a fall right now
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Alexdino
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Oct 20 2011, 02:47 PM
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QUOTE(ch1ck3n @ Oct 20 2011, 02:39 PM) hopefully it will continue the downtrend and the push the price down to 160.. 165/g is so unattractive now..when u know there is such a fall right now 165 put some uncertainties whether to go in or wait, but if it reaches 160 i think many already pumped in.  btw.. UOB already 166 liao..  they update the price so fast when price gone up but waited so long to update when price gone down. This post has been edited by Alexdino: Oct 20 2011, 02:49 PM
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SUSbuysell
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Oct 20 2011, 03:09 PM
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QUOTE(quackpack @ Oct 18 2011, 07:31 PM) I dont even get your logic Now is the best time for more short term investors to hop in for the next ride  Is it logic now. Look at the gold chart it's USD162x/1oz now, the more short term investor buy, the more price drop.  Now the best time? Like gold is losing it value by days and if this is what going to keep on repeating, very soon gold price will steep dip below 15xx or maybe lower. This post has been edited by buysell: Oct 20 2011, 03:18 PM
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quackpack
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Oct 20 2011, 04:44 PM
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QUOTE(buysell @ Oct 20 2011, 03:09 PM) Is it logic now. Look at the gold chart it's USD162x/1oz now, the more short term investor buy, the more price drop.  Now the best time? Like gold is losing it value by days and if this is what going to keep on repeating, very soon gold price will steep dip below 15xx or maybe lower. You don't get it at all. Short term buyers knows what they are dealing most of the time. When gold was at 19xx most short term buyer already sold off and reap the profits out from people who just jump in the bandwagon during that moment. It is already mention alot of times in this forum that gold is speculated very heavily during 18xx. Dont always be in a denial mode when gold price drop when bought at higher price. Quin already gave enough teachings here, everyone needs a plan. This post has been edited by quackpack: Oct 20 2011, 04:45 PM
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bigwolf
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Oct 20 2011, 05:21 PM
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Getting Started

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QUOTE(quackpack @ Oct 20 2011, 04:44 PM) You don't get it at all. Short term buyers knows what they are dealing most of the time. When gold was at 19xx most short term buyer already sold off and reap the profits out from people who just jump in the bandwagon during that moment. It is already mention alot of times in this forum that gold is speculated very heavily during 18xx. Dont always be in a denial mode when gold price drop when bought at higher price. Quin already gave enough teachings here, everyone needs a plan. don't mention quinn in front of buysell!!! anyways kinda busy now, will post some opinions later tonite
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