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

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SUSbuysell
post Oct 26 2011, 01:33 AM

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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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Holy! shakehead.gif The line straight up! This is scary!
SUSbuysell
post Oct 26 2011, 01:43 AM

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user posted image

OMG! shocking.gif

This post has been edited by buysell: Oct 26 2011, 01:43 AM
hongchai888
post Oct 26 2011, 03:46 AM

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the amount of increase today are more than 30days
sidanos
post Oct 26 2011, 08:41 AM

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What happen ah? No news, then suddenly shot up like that?
Irresistible
post Oct 26 2011, 09:28 AM

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QUOTE(sidanos @ Oct 26 2011, 08:41 AM)
What happen ah? No news, then suddenly shot up like that?
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EU crisis discussion was cancelled.


personaforever6789
post Oct 26 2011, 12:17 PM

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good news if keep going up biggrin.gif
junhaussen
post Oct 26 2011, 01:05 PM

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QUOTE(sidanos @ Oct 26 2011, 08:41 AM)
What happen ah? No news, then suddenly shot up like that?
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Gold Set Strong, ahead EU summit
Gold prices bounced above $1,700 an ounce on Tuesday, seems investors moving into safety, back to gold on the doubt concerns of European leaders will consent on a plan to end the crisis in the euro zone debt at a summit later in the day.
personaforever6789
post Oct 26 2011, 01:33 PM

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QUOTE(junhaussen @ Oct 26 2011, 01:05 PM)
Gold Set Strong, ahead EU summit
Gold prices bounced above $1,700 an ounce on Tuesday, seems investors moving into safety, back to gold on the doubt concerns of European leaders will consent on a plan to end the crisis in the euro zone debt at a summit later in the day.
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what is expected to happen after the EU summit..price will increase or go down?
potenza10
post Oct 26 2011, 01:44 PM

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Start now before regret..
chengcheng
post Oct 26 2011, 01:53 PM

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Anyone who reads the chart?

What's the signal? Bullish?

hmm.gif hmm.gif

personaforever6789
post Oct 26 2011, 02:11 PM

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QUOTE(potenza10 @ Oct 26 2011, 01:44 PM)
Start now before regret..
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start buying or start selling?
sory for very3 noob ques
SUSbuysell
post Oct 26 2011, 04:10 PM

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QUOTE(potenza10 @ Oct 26 2011, 01:44 PM)
Start now before regret..
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+1 nod.gif
Serendipity123
post Oct 26 2011, 04:31 PM

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Hi,

A newbie here.
If I wanted to invest in gold via MBB or CIMB, do I need to physically go to the bank to buy gold everytime I want to do so? Can't I just make the transaction online?
Coz I don't like going to the bank.

Thanks all!
SUSbuysell
post Oct 26 2011, 04:44 PM

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QUOTE(Serendipity123 @ Oct 26 2011, 04:31 PM)
Hi,

A newbie here.
If I wanted to invest in gold via MBB or CIMB, do I need to physically go to the bank to buy gold everytime I want to do so? Can't I just make the transaction online?
Coz I don't like going to the bank.

Thanks all!
*
FYI, only the great Public Bank can do that, bank like MBB & CIMB or even UOB doesn't have such facilities.
Too bad UOB don't have such online facilities, or all go cancel PBB straight away. nod.gif

This post has been edited by buysell: Oct 26 2011, 08:58 PM
potenza10
post Oct 26 2011, 08:41 PM

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QUOTE(iamtheone2020 @ Oct 26 2011, 02:11 PM)
start buying or start selling?
sory for very3 noob ques
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Start buying...i mean physical gold.Consider it's long term investment.When u read all those old posts, u will regret to see the price.Now, its difficult to get that price anymore.

Just bought 1/4 oz Kijang Emas at RM1421..when i saw the price around Jan/Feb this year, couldnt help la what to say rclxub.gif
personaforever6789
post Oct 26 2011, 09:19 PM

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QUOTE(potenza10 @ Oct 26 2011, 08:41 PM)
Start buying...i mean physical gold.Consider it's long term investment.When u read all those old posts, u will regret to see the price.Now, its difficult to get that price anymore.

Just bought 1/4 oz Kijang Emas at RM1421..when i saw the price around Jan/Feb this year, couldnt help la what to say rclxub.gif
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o..tq for the reply..btw,what is the benefit of physical gold compared to the one we invest in GSA?
potenza10
post Oct 26 2011, 09:23 PM

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If u try to google a technic how to buy another phyiscal gold after u pawn the 1st one, then u will know.

Btw, its up to u whether u prefer to hold the real one or not.If using passbook, its much easier.Not so worry if anything happen when u keep physical gold i.e stolen, lost

This post has been edited by potenza10: Oct 26 2011, 09:25 PM
SUSbuysell
post Oct 26 2011, 09:25 PM

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1.00 USD = 3.12850 MYR

Gold = USD171x/1oz

hmm.gif Up too fast, it's not normal, may dip tomorrow.

This post has been edited by buysell: Oct 27 2011, 01:03 AM
eXTaTine
post Oct 26 2011, 10:04 PM

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Gold is flying!!

This post has been edited by eXTaTine: Oct 26 2011, 10:33 PM
personaforever6789
post Oct 26 2011, 11:38 PM

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QUOTE(eXTaTine @ Oct 26 2011, 10:04 PM)
Gold is flying!!
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+1

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