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Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
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lustman
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 Oct 27 2011, 05:57 PM
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Getting Started
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QUOTE(hotjake @ Oct 27 2011, 01:12 PM) lol, i know which company  look below. there r only 2 companies doing this under shariah law. genneva malaysia sdn bhd and kuwait finance house bhd. but all know who is offering highest rate please bear in mind kuwait finance house is a bank just like maybank and public bank. on the other hand, genneva malaysia sdn bhd is.... well, i think you all have read abt it already. just so you know, these 2 are totally different. |
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thunderaj
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Oct 27 2011, 06:09 PM
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myr 170.51 per gram
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azizulego
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Oct 27 2011, 07:39 PM
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New Member
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QUOTE(potenza10 @ Oct 27 2011, 05:36 PM) Its up to u if wanna see past 20 or 30 yrs..but at this time, it is worth to buy gold rather than to keep cash money.  I agree with Potenza. do you know that back in 80s, when the price of gold crash... the interest rate in US is more than 15%? and for the whole 20years ++ the interest rate is higher compare to present time. Now the Fed push the interest rate nearly zero.. so for those who has a lot of cash, they want to stick to fiat money and let inflation eat their purchasing power? the alternative is gold.... |
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SUSbuysell
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Oct 27 2011, 08:33 PM
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Gold reach USD174x/1oz  no dip yet, hmm, this good or bad? This post has been edited by buysell: Oct 28 2011, 12:28 AM |
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elainor
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Oct 27 2011, 11:29 PM
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hey guys! how you doing? newbie here... may i ask is there any reliable or useful website to learn how to invest on gold? Thanks
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SUSbuysell
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Oct 27 2011, 11:45 PM
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QUOTE(elainor @ Oct 27 2011, 11:29 PM) hey guys! how you doing? newbie here... may i ask is there any reliable or useful website to learn how to invest on gold? Thanks Gold is something very unique and very difficult to predict it future value. Some website may give good reference but none of the website or chart gives reliable tips on gold future pricing. |
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potenza10
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Oct 28 2011, 12:47 AM
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Simple : gold is non renewable type of metal..but bank notes easily print out in any time.so, u judge la.chart can easily google, and its up to u to evaluate.
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Bonescythe
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Oct 28 2011, 02:01 AM
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USD1746.51/ounce now.
Gold up, but Equity/Index up as well.
Which one is cheater?
Gold is cheating or Equity/Index is cheating?
This post has been edited by Bonescythe: Oct 28 2011, 02:01 AM
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SUSbuysell
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Oct 28 2011, 02:21 AM
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QUOTE(Bonescythe @ Oct 28 2011, 02:01 AM) USD1746.51/ounce now. Gold up, but Equity/Index up as well. Which one is cheater? Gold is cheating or Equity/Index is cheating? Both. |
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cybermaster98
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Oct 28 2011, 08:07 AM
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Gold at 1,746 but USD has dropped to 3.07 now. That should keep gold prices in the RM175 range. If only gold were to drop to about 1630 now, it would be a perfect time to buy into gold.
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eXTaTine
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Oct 28 2011, 08:50 AM
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QUOTE(cybermaster98 @ Oct 28 2011, 08:07 AM) Gold at 1,746 but USD has dropped to 3.07 now. That should keep gold prices in the RM175 range. If only gold were to drop to about 1630 now, it would be a perfect time to buy into gold. I suppose there should be a correction to the 1600s sometime in the future.. |
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SUSbuysell
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Oct 28 2011, 10:50 AM
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QUOTE(cybermaster98 @ Oct 28 2011, 08:07 AM) Gold at 1,746 but USD has dropped to 3.07 now. That should keep gold prices in the RM175 range. If only gold were to drop to about 1630 now, it would be a perfect time to buy into gold. Usually when USD dip, gold hip. If both going down at the same time then the whole world market collapse. QUOTE(eXTaTine @ Oct 28 2011, 08:50 AM) I suppose there should be a correction to the 1600s sometime in the future..  future? |
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thunderaj
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Oct 28 2011, 10:52 AM
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gold myr 173.81 per gram
Added on October 28, 2011, 10:52 amQUOTE(lustman @ Oct 27 2011, 05:57 PM) please bear in mind kuwait finance house is a bank just like maybank and public bank. on the other hand, genneva malaysia sdn bhd is.... well, i think you all have read abt it already. just so you know, these 2 are totally different. sorry i never heard this genneva malaysia sdn bhd This post has been edited by thunderaj: Oct 28 2011, 10:52 AM |
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SUSbuysell
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Oct 28 2011, 11:07 AM
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Now USD value has dip so expect gold price to increase even more in the next coming week as investor moved stock money back into gold. This post has been edited by buysell: Oct 28 2011, 01:01 PM |
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wildhawk
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Oct 28 2011, 01:18 PM
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Getting Started
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do u all refer to http://www.goldbeam.org.my/ for the current price...today at rm220 per gram... This post has been edited by wildhawk: Oct 28 2011, 01:19 PM |
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kueyteowlou
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Oct 28 2011, 01:28 PM
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QUOTE(Bonescythe @ Oct 28 2011, 02:01 AM) USD1746.51/ounce now. Gold up, but Equity/Index up as well. Which one is cheater? Gold is cheating or Equity/Index is cheating?  strongly agree on this. But Oil price is dropping |
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RailKill
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Oct 28 2011, 01:56 PM
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New Member
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QUOTE(wildhawk @ Oct 28 2011, 01:18 PM) do u all refer to http://www.goldbeam.org.my/ for the current price...today at rm220 per gram... That's the price you pay if you buy from Poh Kong or Genneva. Retail price la.  |
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spikyz
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Oct 28 2011, 02:13 PM
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spot price can check at kitco.com.
retail price is FGJAM standard price.
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RailKill
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Oct 28 2011, 02:26 PM
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New Member
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QUOTE(spikyz @ Oct 28 2011, 02:13 PM) spot price can check at kitco.com. retail price is FGJAM standard price. Righton.  People jumping onto the gold bandwagon without proper research just because its flavour of the month. |
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potenza10
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Oct 28 2011, 03:01 PM
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Another source to check
www.nubex.com.my
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