We MUST READ THIS "WHEN SHOULD YOU SELL YOUR GOLD???"
Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
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Sep 5 2011, 01:38 PM
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Junior Member
211 posts Joined: Jun 2010 From: Perlis |
We MUST READ THIS "WHEN SHOULD YOU SELL YOUR GOLD???"
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Sep 5 2011, 01:53 PM
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All Stars
12,275 posts Joined: Oct 2010 |
QUOTE(mbj78 @ Sep 5 2011, 01:38 PM) QUOTE If you study the 30 day history of gold on the market, available here, you will note two distinct patterns – one, that gold has made huge gains in the past 30 days, and two, that the price has often bottomed out in a matter of days or even hours What rubbish is this? Bottom out in matter of days and hours? Look at the chart for past year....... Then he tells you to sell? How to sell when it bottoms and swings upwards so fast?????? He contradicts himself! Its obvious this idiot conman is trying to get you to sell yer gold to him/her QUOTE The most convenient and easy way to sell your gold is through an online gold broker. Using an online gold broker to get cash for your gold eliminates the need to search for a reputable local gold broker, which may be difficult to find in smaller markets and rural areas, while also saving you time and money. Selling your gold to an online broker is a safe, secure method of getting cash for gold while the value of gold is still high. It’s as simple as contacting the gold broker, requesting a gold kit, and dropping the insured mailer in your mailbox. The gold broker will then give you an appraisal for your items, and if you decide to sell, the broker will then make payment for your gold. |
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Sep 5 2011, 01:55 PM
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Junior Member
104 posts Joined: Apr 2009 From: Kuala Lumpur |
hi all, just check in
Just curious, what drive u guys to make decision on when to buy/sell gold? can anyone recommend any books to read about gold investment / gold tech analysis? |
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Sep 5 2011, 02:00 PM
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Junior Member
211 posts Joined: Jun 2010 From: Perlis |
QUOTE(prophetjul @ Sep 5 2011, 01:53 PM) What rubbish is this? Bottom out in matter of days and hours? Look at the chart for past year....... Prophetjul,Then he tells you to sell? How to sell when it bottoms and swings upwards so fast?????? He contradicts himself! Its obvious this idiot conman is trying to get you to sell yer gold to him/her Don't angry with me, i just copy from the GOLD NEWS.. (Only the info we must read and to study) Not to follow it all... This post has been edited by mbj78: Sep 5 2011, 02:01 PM |
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Sep 5 2011, 02:03 PM
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All Stars
12,275 posts Joined: Oct 2010 |
QUOTE(mbj78 @ Sep 5 2011, 02:00 PM) Prophetjul, No ler....i am just commenting on the writeup........ its rubbish info IMODon't angry with me, i just copy from the GOLD NEWS.. (Only the info we must read and to study) Not to follow it all... IMO hes luring people to sell their jewellery most probably at cheap rates......... |
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Sep 5 2011, 02:19 PM
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Senior Member
1,171 posts Joined: Sep 2010 |
Would you guys get a 1/10 oz. maple for rm687 or a public dinar for rm816. Dinar is 916 and maple is 9999. Please do tell me why also. Thanks
This post has been edited by smokymcpot: Sep 5 2011, 02:21 PM |
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Sep 5 2011, 02:26 PM
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Junior Member
357 posts Joined: Dec 2010 |
hi everyone,
i bought some gold i think very small arund 12mg or 13mg at maybank passport account thing ... just wonder, should i keep that for few years (assume i don't buy more than that) and sell later ... or i should monitor the gold market and sell when it goes high? how does it work? and lastly, should i buy gold every month? more like force savings thing? now maybanks allows me to but 1 mg, so more affordable though any help? thanks. |
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Sep 5 2011, 03:09 PM
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Senior Member
1,505 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
QUOTE(ericwen @ Sep 5 2011, 02:26 PM) hi everyone, its miligram or gram?? i bought some gold i think very small arund 12mg or 13mg at maybank passport account thing ... just wonder, should i keep that for few years (assume i don't buy more than that) and sell later ... or i should monitor the gold market and sell when it goes high? how does it work? and lastly, should i buy gold every month? more like force savings thing? now maybanks allows me to but 1 mg, so more affordable though any help? thanks. anyway, its up to u. if u hav extra money, why not keep buying every month and sell after 2-3 years or even 5-10 years? |
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Sep 5 2011, 03:18 PM
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Junior Member
160 posts Joined: Oct 2008 |
QUOTE(smokymcpot @ Sep 5 2011, 02:19 PM) Would you guys get a 1/10 oz. maple for rm687 or a public dinar for rm816. Dinar is 916 and maple is 9999. Please do tell me why also. Thanks my two cents opinioni would buy maple as it is a recognised brand which is tradeable worldwide very easily as compared to public dinar which is more for muslims also maple is 999 - almost perfect and dinar is 916 only also the difference in weight as maple is 1/10 oz and the dinar is 4.25 grams - so you got to check out the weights of these items alwaysy remember compare apple to apple and orange to orange - BUT remember there are many many varieties of each to find out more public dinar http://www.publicdinar.com/content/view/48/53/lang,english/ if you want local gold - SriAyu is amongst the cheapest - well if u compare on a the website prices of WE SELL per gram - http://www.sriayu.com/v2/ http://www.publicgold.com.my/ http://www.goldcrestpavilion.net/gcp/kami_jual.php i am an agent of SriAyu - disclosure BUT when you are buying gold u would want to buy the cheapest possible - right and what i am sharing with u is on the websites and therefore it is only accessible to anyone and there are no hidden costs |
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Sep 5 2011, 03:21 PM
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Senior Member
1,120 posts Joined: Jan 2003 From: Malacca! ....now SG |
QUOTE(smokymcpot @ Sep 5 2011, 02:19 PM) Would you guys get a 1/10 oz. maple for rm687 or a public dinar for rm816. Dinar is 916 and maple is 9999. Please do tell me why also. Thanks maple. should be around 3.1gm of pure 24k 999.9 gold 1st - it is recognized by LBMA (mentioned by goldchan). 2nd - if it is from uob - better (can go ar-rahnu bank rakyat during hard times) |
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Sep 5 2011, 03:31 PM
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Senior Member
1,171 posts Joined: Sep 2010 |
Okay. Thanks guys for the input. Anyone here selling with receipt? I am still below 18, cannot go uob and get.
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Sep 5 2011, 03:43 PM
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Junior Member
44 posts Joined: Sep 2011 From: Your 80's Toy Shop |
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Sep 5 2011, 03:46 PM
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Senior Member
665 posts Joined: Jan 2003 |
QUOTE(prophetjul @ Sep 5 2011, 02:03 PM) No ler....i am just commenting on the writeup........ its rubbish info IMO Well, I know for a fact when there's those stalls of Cash4Gold, fiat money is on the runs ... only very financially unwise people are unloading personal gold for small gains.IMO hes luring people to sell their jewellery most probably at cheap rates......... Added on September 5, 2011, 3:48 pm QUOTE(prophetjul @ Sep 5 2011, 11:40 AM) Yes The bank or the Kijang you want to haul? Which one get better compensation? Lawsuit or on-the-spot exchange? thats what they told me. i guess they have some testing equipment. If they refuse them i will bring them to bank negara! Added on September 5, 2011, 3:51 pm QUOTE(PatEagle @ Sep 5 2011, 11:51 AM) 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 trencher10: Sep 5 2011, 03:51 PM |
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Sep 5 2011, 04:21 PM
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All Stars
12,275 posts Joined: Oct 2010 |
QUOTE(trencher10 @ Sep 5 2011, 03:46 PM) Well, I know for a fact when there's those stalls of Cash4Gold, fiat money is on the runs ... only very financially unwise people are unloading personal gold for small gains. Added on September 5, 2011, 3:48 pm The bank or the Kijang you want to haul? Which one get better compensation? Lawsuit or on-the-spot exchange? [ yes....there are lotsa fast snakes who are gunnning for those hapless ones............ BOTH.... Last time i made big hohaah to BNegara about Maybank raising their kijang premiums from 3.4% to 6%...... seemed to work! |
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Sep 5 2011, 04:41 PM
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Senior Member
1,120 posts Joined: Jan 2003 From: Malacca! ....now SG |
QUOTE(smokymcpot @ Sep 5 2011, 03:31 PM) Okay. Thanks guys for the input. Anyone here selling with receipt? I am still below 18, cannot go uob and get. do note that you can't sell back uob maple/nugget if the receipt is not your name. only the owner can sell back to UOB.so, decide carefully if you plan to buy one, if the difference than buying new is significant. |
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Sep 5 2011, 04:46 PM
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Senior Member
1,505 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
QUOTE(smokymcpot @ Sep 5 2011, 03:31 PM) Okay. Thanks guys for the input. Anyone here selling with receipt? I am still below 18, cannot go uob and get. u also can try buying from 1stopgold. but they only sell pamp bars, not nuggets/maples...but still, the pamp bars got certificate and all, and u can sell back to them at a 10% discount IINM... |
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Sep 5 2011, 04:50 PM
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Senior Member
1,120 posts Joined: Jan 2003 From: Malacca! ....now SG |
QUOTE(smokymcpot @ Sep 5 2011, 03:31 PM) Okay. Thanks guys for the input. Anyone here selling with receipt? I am still below 18, cannot go uob and get. do note that you can't sell back uob maple/nugget if the receipt is not your name. only the owner can sell back to UOB.so, decide carefully if you plan to buy one, if the difference than buying new is significant. |
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Sep 5 2011, 04:54 PM
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Junior Member
130 posts Joined: Aug 2009 |
QUOTE(keii-kun @ Sep 5 2011, 04:50 PM) do note that you can't sell back uob maple/nugget if the receipt is not your name. only the owner can sell back to UOB. but, he can sell uob maple/nugget to any person who are willing to buy those:) i believe any gold trader would accept that.so, decide carefully if you plan to buy one, if the difference than buying new is significant. |
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Sep 5 2011, 04:59 PM
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Senior Member
1,120 posts Joined: Jan 2003 From: Malacca! ....now SG |
yes, you are correct, but as mentioned, if the price difference from uob is significant. uob is around 3~4% spread while other trader is much more than that
but....any saving in form of physical gold is goooood |
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Sep 5 2011, 05:15 PM
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Senior Member
671 posts Joined: Jan 2006 |
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