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

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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???????????
myooomy
post Oct 25 2011, 10:34 AM

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QUOTE(ay@m @ Oct 24 2011, 08:11 PM)
Take a one day pain to open public bank...then can do online trading...

Added on October 24, 2011, 8:12 pm+1

Agree with u.... Sounds more like stocks now...
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so not advisable to invest in gold now?
SUSbuysell
post Oct 25 2011, 10:44 AM

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QUOTE(myooomy @ Oct 25 2011, 10:34 AM)
so not advisable to invest in gold now?
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That's depend you are a short term or long term investor loh.
eXTaTine
post Oct 25 2011, 10:49 AM

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QUOTE(jphlau @ Oct 25 2011, 10:13 AM)
based on???????????
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My gut feeling...usually profit taking occurs after a 2-3 days rally, and I see no market event that will continue the rally, so there should be a profit taking session, probably today.
SUSbuysell
post Oct 25 2011, 11:01 AM

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QUOTE(eXTaTine @ Oct 25 2011, 10:49 AM)
My gut feeling...usually profit taking occurs after a 2-3 days rally, and I see no market event that will continue the rally, so there should be a profit taking session, probably today.
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Really 100% sure? hmm.gif
eXTaTine
post Oct 25 2011, 11:05 AM

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QUOTE(buysell @ Oct 25 2011, 11:01 AM)
Really 100% sure? hmm.gif
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No such thing as 100% sure when it comes to trading la...
xproc
post Oct 25 2011, 11:14 AM

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QUOTE(thunderaj @ Oct 25 2011, 10:13 AM)
gold myr 166.51 per gram.

agreed gold now behaving like stock market. risk level may increase.
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next version change title to "Trading gold as investment?"
ConnieGurl
post Oct 25 2011, 12:18 PM

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Save in gold instead of invest in gold. smile.gif
eXTaTine
post Oct 25 2011, 02:43 PM

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QUOTE(xproc @ Oct 25 2011, 11:14 AM)
next version change title to "Trading gold as investment?"
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Lol trading using Gold Savings account is a very bad idea...with such a large spread its hard to win.
thunderaj
post Oct 25 2011, 02:45 PM

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Gold should be treated as a long term investment .

mcdkfc
post Oct 25 2011, 02:58 PM

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QUOTE(eXTaTine @ Oct 25 2011, 02:43 PM)
Lol trading using Gold Savings account is a very bad idea...with such a large spread its hard to win.
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If we buy physical gold also have a spread, buy n sell different price... correct me if i'm wrong...
SUSbuysell
post Oct 25 2011, 03:00 PM

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QUOTE(eXTaTine @ Oct 25 2011, 02:43 PM)
Lol trading using Gold Savings account is a very bad idea...with such a large spread its hard to win.
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UOB GSA is a different, the spread very low.
kueyteowlou
post Oct 25 2011, 04:44 PM

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QUOTE(ConnieGurl @ Oct 25 2011, 12:18 PM)
Save in gold instead of invest in gold. smile.gif
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nod.gif

that is why maybank provide gold passbook..

it's just another saving account.. icon_rolleyes.gif
SilverfoX
post Oct 25 2011, 04:53 PM

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QUOTE(thunderaj @ Oct 25 2011, 02:45 PM)
Gold  should  be treated as a  long term investment .
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+1
I use it as hedge against crisis. Rather thn wealth creation.
SUSbuysell
post Oct 25 2011, 04:54 PM

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Not much increase even for deepavali, this year gold really slow. hmm.gif
chengcheng
post Oct 25 2011, 11:16 PM

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QUOTE(buysell @ Oct 25 2011, 04:54 PM)
Not much increase even for deepavali, this year gold really slow. hmm.gif
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The prices now shot up! Wow!
Up up up!

rclxms.gif rclxms.gif rclxms.gif

Alexdino
post Oct 25 2011, 11:49 PM

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QUOTE(chengcheng @ Oct 25 2011, 11:16 PM)
The prices now shot up! Wow!
Up up up!

rclxms.gif  rclxms.gif  rclxms.gif
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yalo... breaking 1700?
mingophoria
post Oct 26 2011, 12:12 AM

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wheee....can untung a bit liao..... =D


Added on October 26, 2011, 12:30 ambut then bank close tomorrow.....T.T

This post has been edited by mingophoria: Oct 26 2011, 12:30 AM
Irresistible
post Oct 26 2011, 12:34 AM

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breaking 1700............ smile.gif rclxms.gif
kevyeoh
post Oct 26 2011, 12:45 AM

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if gold is for long term..there's no point for discussion here already in forum wor...everyone just buy and keep long term...
tongue.gif

hehe

happy deepavali folks !!!

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