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

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Jutawan
post Nov 9 2011, 09:56 AM

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QUOTE(uexpress @ Nov 9 2011, 01:45 AM)
Now gold price at 1800/ounce will keep for couple a week 1st hehe.....
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Gold price is bouncing again in bull after drop hard last 2 weeks.
TSaeronic
post Nov 9 2011, 10:06 AM

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gonna be 2500 posts soon
i am gonna compile all the interesting and usefull posts to be quoted on the v3 thread
anyone has suggestions on good summary and other information are welcomed to suggest
thanks
SUSbuysell
post Nov 9 2011, 10:49 AM

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QUOTE(uexpress @ Nov 9 2011, 01:45 AM)
Now gold price at 1800/ounce will keep for couple a week 1st hehe.....
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Gold is around USD178x - USD180x range, up up, down down. sweat.gif sweat.gif
echoesian
post Nov 9 2011, 11:00 AM

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QUOTE(aeronic @ Nov 9 2011, 10:06 AM)
gonna be 2500 posts soon
i am gonna compile all the interesting and usefull posts to be quoted on the v3 thread
anyone has suggestions on good summary and other information are welcomed to suggest
thanks
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2500 by year end? I also hope it will be... pray hard...
xproc
post Nov 9 2011, 11:29 AM

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QUOTE(echoesian @ Nov 9 2011, 11:00 AM)
2500 by year end? I also hope it will be... pray hard...
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he said 2500 Posts not 2500/oz...
Alexdino
post Nov 9 2011, 11:31 AM

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QUOTE(xproc @ Nov 9 2011, 11:29 AM)
he said 2500 Posts not 2500/oz...
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2500/oz? wow.. rclxm9.gif
xproc
post Nov 9 2011, 12:03 PM

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QUOTE(Alexdino @ Nov 9 2011, 11:31 AM)
2500/oz? wow.. rclxm9.gif
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all see figure see till rclxub.gif rclxub.gif
prophetjul
post Nov 9 2011, 12:09 PM

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QUOTE(xproc @ Nov 9 2011, 11:29 AM)
he said 2500 Posts not 2500/oz...
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Methinks they are watchin the POG too much.......... nod.gif
xproc
post Nov 10 2011, 10:49 AM

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sold my position... stand out and watch... i will return
Alexdino
post Nov 10 2011, 12:58 PM

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erm.. dropping back?
xproc
post Nov 10 2011, 02:50 PM

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QUOTE(Alexdino @ Nov 10 2011, 12:58 PM)
erm.. dropping back?
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macd start -ve back... maybe will stay ard these price sometime...
Irresistible
post Nov 10 2011, 03:42 PM

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Wan to sell on Tuesday. But, late to Bank.... sign everything, said afer 4 already, can not transact ...

why the price drop so much today ?

penanghomes
post Nov 10 2011, 03:52 PM

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hahah...nice...price drop..time to pay visit to uob
Kaka23
post Nov 10 2011, 08:47 PM

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Drop a little only lei.. Not a lot yet
blanket84
post Nov 10 2011, 08:59 PM

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Do you guys really consider rm1-2/gm drop a "drop"?

That's something new to me..
FrancescoTop8
post Nov 10 2011, 11:16 PM

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If physical gold price just decrease about 3-4%, u still in loss if u want to get into the game again.
Remember the spread differences.
bigwolf
post Nov 10 2011, 11:25 PM

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USD54 drop now. i think its more than just rm1-2/gm drop here XD
nemoexcel
post Nov 11 2011, 12:36 AM

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take a look.. hmm... fundamentals vs technical

This post has been edited by nemoexcel: Nov 11 2011, 12:37 AM
prophetjul
post Nov 11 2011, 07:33 AM

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QUOTE(PatEagle @ Nov 11 2011, 04:33 AM)
You forgot to mention, should you choose to sell your gold back to Genneva at the end of the tenure, Genneva buys back your gold at the same price you bought at. No spread, no admin charges. No hidden fees. You get your capital back in FULL. View http://www.genneva-world.com/v2/index.php?...w=article&id=85

So how can you be "paying yourself" when you get the hibah every month and get to sell back at purchase price? In addition to that, you hold the physical gold throughout the tenure.

And here's a clearer picture:

user posted image

BTW, the site you mentioned above is not credible. That page is clearly anti-Genneva to spin, spread rumours and to instill fear that the company will close shop anytime. Be warned, it might take you a full day or more to read all the comments there.  whistling.gif

Feel free to PM me to make an appointment to visit our office to get first hand information.
Also learn more about Genneva Malaysia at http://forum.lowyat.net/topic/1888957

Cheers and have a blessed GOLDEN day!
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Like the guys says:
QUOTE
YOU ARE PAYING YOURSELF


As for the buybacks, the OTHERS ARE PAYING FOR ANY LOSSES BY THE COMPANY........ nod.gif
nemoexcel
post Nov 11 2011, 09:40 AM

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** deleted **

This post has been edited by nemoexcel: Nov 11 2011, 10:12 AM

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