so i can buy maple gold coin from uob bank?

Called UOB. They said under 18 can purchase but when selling back must be over 18 Not planning to sell it this year anyways 17 now, 4 more months

This post has been edited by smokymcpot: Sep 5 2011, 06:15 PM

almost sold back some gold to PBB via online after looking to the chart... but finally i held back... dunno is wise anot... once i miss the chance to sell at this price also... then the price terjun rocket later... wait tomorrow and see la

hi all,
i'm a noob also when it comes to investing in gold.... just trying to understand here...what possible scenario that can make the gold price go down in a free fall ?

for example...US dollar... if the gov continue to borrow and their debt ceiling explode, then maybe US Gov print more money and cause their value to drop...

in the case of gold...what could possibly happen to cause this?
maybe the one i can think of is people mass selling the gold in panic...this is one potential situation...what else?

thanks for all inputs! need to understand and learn..

Sadly, most of the information about the lelong event artificially disclosed, a bit like close tender.
Even my friend, a bank officer in AgroBank doesn`t know about the lelong organized by his employer

Anyone here know where to get 1/10 oz of maple other than UOB and where can I get 2.5g of Pamp Suisse? Just wondering, for gold coins, there's a standard guideline like UOB rates you can follow, how about Pamp bars? Any site that I can follow the rates?

This post has been edited by smokymcpot: Sep 5 2011, 07:48 PM

i've never entered agrobank lelong, but bank rakyat one, quite impossible to win lah.
usually they do at the end of the month, around 22nd-ish for bank rakyat. they will put up notice and display the items.

The most simple case is to look at the 1981 gold price peak. Panic sentiment not based upon correct assumptions on general GLOBAL market trends.
Local gold prices according to one's currency is also an indicator to your nation's inflation conditions (or not, I'm actually unclear on this).
The current trend since 2008 or, one could say since 2001, is unlike the 1981 peak as the global economy is now tied to US monetary & fiscal policies that are increasingly unsustainable. The current rise will not stop unless a stabilised world economy reappears. Europe and America in turmoil is not going to send gold to drop overnight.

Unless they suddenly found a big 1 million tonne ore seam in someone's backyard ...



Oh .. but I advise if a mountain of gold appears at the Euphrates, stay clear of it ...

This post has been edited by trencher10: Sep 5 2011, 09:09 PM

yeah, either the end of the world fighting begins here and/or gold prices worldwide falls (due to sudden glut of above ground gold)?

This post has been edited by wongmunkeong: Sep 5 2011, 10:23 PM

Well I give up on this. The price keep raising like siao. Better invest on unit trust.

So frustrating... Gold price seems to have problems breaking the $1900 mark..

Pray it cross the $ 1900 mark...

it's never too late bro...
just do it !

Waiting for the best price to buy again makes me also.

2 more dollars, Bro.

my two cents opinion

bro - your advice " Better invest on unit trust" is good for almost everyone who wants an easy and assured return

BUT as all of us know - super profits are only enjoyed by those who a little of risk and are optimistic of the future

"also in the long run we're all dead" - John Maynard Keynes - one the most famous economist

so let's make some profit while we can and to those who wants to invest in unit trust - go ahead

so lets hope that the price rises and rises
i bought in at RM 160 on average and the price is today is RM 191 for SriAyu gold bar

so there itself a potential profit of RM 31 and still going up

as only those who have physical gold would enjoy the maximum benefit of the price increase

for example if one had purchased a house in Taman Tun in late 1980 at about RM 80,000
it was almost hulu area those days - outskirts of town
today it is worth almost 1 million
BUT i did not buy that house - i did not have the guts and i was contented in living in a rented house - so more loss


my opinon it is really up to you - i still think it so much better invest in approved unit trust compared to keeping in FD

BUT if you want super profits - then read up and have some guts and you will enjoy super duper profits

once u already buy - do not look at gold prices at least for 6 months and then you will notice the difference

just like we are growing older everyday - in fact in every single minute there are changes in our body - BUT we cannot see

so for those who want super profits - gold is the way of the future and the REAL MONEY

GOLD is GOD's money will never lose - ONLY PROFITt

as only those who have physical gold would enjoy the maximum benefit of the price increase

wow gold price @ 1901/oz.... phew... Good thing i was able to get hold of Pamp Suisse when the price was low...

If you have missed the train, pls just wait for it patiently.

anyone wanna buy my 1/4 & 1/10 mable leaf for total of RM 2200.pls pm me,thanks

Anyone here tried Bullionvault.com?... I heard they have low spread.. and can trade gold online..

https://www.kitcomm.com/showthread.php?t=91706

Interesting development... might be nothing, or might be market armageddon stuff. What do you guys think?

I think you shouldn’t cash іt іn unlеsѕ уоu absolutely nеed it. That's the main reason for saving in gold; hedge against inflation, currency devaluation, etc etc etc - view the presentation -- Why Invest in Gold -- http://bit.ly/kSi6I0

But if you are speculating, that's another story.
Learn more, read -- The Neverending Story of a “Gold Bubble” -- http://wp.me/p1nT6G-lz

Hope this helps. Cheers!