Just learn it online.
Not a fan of any gold/silver seminar by investment scheme/group, because i think they just want to sell their products.

The point is, u buy some recognized gold and pawn it. If u get lucky and the gold prizes increased, u gain. That`s all.
U must have a thick blood because there`s plenty of factors to considered.

If u committed for gold investment, just buy 995 or 999.
916 are more towards jewellery not investment

Gold price up 56 on Friday.
Interesting to see market open tomorrow..

for d ar-rahnu scheme, what happen if in d next 6 months, u cant get d money to pay back the loan u borrow. d gold will become bank property?

Yes. They will lelong your gold.

aah, lelong? now where i cna find out d time and location for all those lelong golds? they publish it on newspaper like property auctions?

Hi Guys!

Can I walk in to a bank and sell my Canadian Gold Maple Leaf or Australian Gold Nugget coins or Kijang Emas at their buying market rate? If yes, which bank?

What if I do not have any documentation (paper)?

When i bought Kijang in 2002/2003 from maybank, there was NO paperwork. They just sold me the coins........so how?

Only UOB gave a certificate of sales

Gold now trading at RM 184.32 per gram (Maybank) or US$1,885 per ounce.

I think the price will rise again for today.. let's wait n see xD

can sell back to me at discount.

haha...........seriously, anyone sold back to maybank?

i havent sold any since i bought...............

it is possible to sell you kijang on the open market at Spot minus a few %, very close to Bank prices
lots of buyers around now.

Has anybody experience withdrawing phys gold from Public Bank ?
I want to know if i need to bring my GIA book to bank ?

What do you mean 'open' market?

Just advertise any where? Like ebay, mudah, etc?

Except 916 has robustness for general circulation coinage, as opposed to 995 or 999 [Which is why most Islamic dinars are minted to 916/917 standards]. Though in such a situation, that means fiat money has literally gone up in flames!

This post has been edited by trencher10: Sep 5 2011, 10:41 AM

1 gram RM 184.7400 RM 177.5100
Gold Investment Account as at 05/09/11 10:45 AM (from PBB)

wait shoot RM 200

When i bought Kijang, i did ask the officer about sell back. She mention we doesn't required to bring anything, except the Kijang. duh

But asking and actual selling is two different thing.

Btw, i still keep my receipt.

Yes

thats what they told me. i guess they have some testing equipment.

If they refuse them i will bring them to bank negara!

Bro, now wanted to gain profit from your gold?

Congratulation.

Yes, read these articles:

FAQs on Gold Investment Accounts (GIA) You Should Know
Have you studied the FAQs as seen on GIA’s promotion leaflets and websites? Here are two very important FAQs and WARNING you should be aware of (normally listed at the bottom of the GIA’s promotools) …Full story, http://bit.ly/r0w0fY

Allocated Gold or Unallocated Gold – That is the Question
“Buy physical gold and have it stored. We do not recommend you buy unallocated gold as, really, you are only buying a piece of paper that says your account is worth the same as the futures gold price. Not actually gold.“ Full story, : http://bit.ly/psEhbn

Better put your money in Genneva Gold Savings Plan: http://bit.ly/qW1Yid

Hope this helps. Cheers!

---

Added on September 5, 2011, 12:01 pm
Oh yes, I think so too. Read this..

Wikileaks China buying gold memo set to push gold prices higher
We have a suspicion that the following cable from the US embassy in China is about to go not viral but very much global, and prompt all those mutual fund managers who are on the golden sidelines to dip a toe in the 24 karat pool. Full story, http://bit.ly/pqCKdW



This post has been edited by PatEagle: Sep 5 2011, 12:01 PM