QUOTE(tothebest @ Sep 6 2011, 12:19 AM)
Have PM-ed you.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 6 2011, 06:18 AM
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1,171 posts Joined: Sep 2010 |
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Sep 6 2011, 07:30 AM
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All Stars
12,275 posts Joined: Oct 2010 |
QUOTE(zaizu @ Sep 5 2011, 11:27 PM) my two cents opinion i am invested in both physical and paper gold.as only those who have physical gold would enjoy the maximum benefit of the price increase GOLD is GOD's money will never lose - ONLY PROFITt AND i am making profit on both. What are you using to buy yer groceries? |
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Sep 6 2011, 08:33 AM
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Junior Member
451 posts Joined: Apr 2009 |
QUOTE(FrancescoTop8 @ Sep 5 2011, 06:31 PM) Sadly, most of the information about the lelong event artificially disclosed, a bit like close tender. dun waste your time . It's a private arrangement between themselves.Even my friend, a bank officer in AgroBank doesn`t know about the lelong organized by his employer |
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Sep 6 2011, 08:38 AM
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All Stars
12,275 posts Joined: Oct 2010 |
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Sep 6 2011, 09:21 AM
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Junior Member
335 posts Joined: Feb 2008 |
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Sep 6 2011, 09:29 AM
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Senior Member
1,505 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
today can see whether it'll break $1900 barrier...
its getting more and more expensive... |
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Sep 6 2011, 09:59 AM
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Junior Member
345 posts Joined: Sep 2005 From: Shah Alam |
QUOTE(chengcheng @ Sep 5 2011, 11:07 PM) So frustrating... Gold price seems to have problems breaking the $1900 mark.. Relax... the last time it crossed over $1900 it instantly came crashing down again. Now it is hovering around $1900 quite steadily - sure cross the mark. When it hits $2000 it will also probably come down again very fast to $18XX, and then rise slowly to go over $2000. I'm planning to exit at $2000 and go back in at $18XX - we'll see how well my plan works! |
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Sep 6 2011, 10:24 AM
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Senior Member
4,470 posts Joined: Sep 2007 From: Kuala Lumpur |
QUOTE(DeaDLocK @ Sep 6 2011, 09:59 AM) Relax... the last time it crossed over $1900 it instantly came crashing down again. Now it is hovering around $1900 quite steadily - sure cross the mark. hope this time stand firm enough on the 1900 groundWhen it hits $2000 it will also probably come down again very fast to $18XX, and then rise slowly to go over $2000. I'm planning to exit at $2000 and go back in at $18XX - we'll see how well my plan works! |
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Sep 6 2011, 12:09 PM
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Senior Member
4,440 posts Joined: Jan 2010 From: Kuala Lumpur |
QUOTE(DeaDLocK @ Sep 6 2011, 09:59 AM) Relax... the last time it crossed over $1900 it instantly came crashing down again. Now it is hovering around $1900 quite steadily - sure cross the mark. Gold now trading at US1,910. The reason it drops after a good rise is due to profit taking. When it hits $2000 it will also probably come down again very fast to $18XX, and then rise slowly to go over $2000. I'm planning to exit at $2000 and go back in at $18XX - we'll see how well my plan works! But the idea about selling at high prices and buying again at the low is not good. You should keep buying at every dip and not sell when it rises because the general trend of gold is still up. So even with the intermediate dips, the overall gold price is going up. Selling at some rises is merely limiting your overall earnings. This post has been edited by cybermaster98: Sep 6 2011, 12:12 PM |
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Sep 6 2011, 12:10 PM
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Junior Member
169 posts Joined: Apr 2009 |
I am new small time gold investor. Bought my gold around 170ish. Just asking, if I want to topup, should I enter now? The price is ridiculously high. I am holding it for a few years hopefully.
The question is: when should I enter? Anyone has tips? |
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Sep 6 2011, 12:14 PM
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Senior Member
4,440 posts Joined: Jan 2010 From: Kuala Lumpur |
QUOTE(hurly @ Sep 6 2011, 12:10 PM) I am new small time gold investor. Bought my gold around 170ish. Just asking, if I want to topup, should I enter now? The price is ridiculously high. I am holding it for a few years hopefully. I think the first question you should ask is 'Is the price high now or not?' The same people who said the prices at RM 131/g in May 2010 are too high also saying the prices at RM 186/g now are too high. The question is: when should I enter? Anyone has tips? The general trend of gold is up. And i think if the economy remains this bad or gets worse, there's every possibility that gold will hit US2,500-3,000 within the next 6-8 months. |
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Sep 6 2011, 12:28 PM
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Senior Member
665 posts Joined: Jan 2003 |
For the new investors, they need to understand moving averages if they are to know when they want to buy gold at the prices they'd like. By averaging gold spot price over either a short-,medium-,long-term averages of days, you'd be able to see where gold price dips are to your purchase points.
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Sep 6 2011, 12:30 PM
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Junior Member
169 posts Joined: Apr 2009 |
QUOTE(trencher10 @ Sep 6 2011, 12:28 PM) For the new investors, they need to understand moving averages if they are to know when they want to buy gold at the prices they'd like. By averaging gold spot price over either a short-,medium-,long-term averages of days, you'd be able to see where gold price dips are to your purchase points. tell me more. links? or anything relevant to google. |
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Sep 6 2011, 12:59 PM
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Junior Member
11 posts Joined: Oct 2010 |
wow gold price is going up like crazy....
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Sep 6 2011, 01:17 PM
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Senior Member
4,093 posts Joined: Jul 2011 |
going up @ 1910 .. around that area now..
thinking to sell off and go for UOB |
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Sep 6 2011, 01:25 PM
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Senior Member
4,720 posts Joined: Jan 2003 |
go go go !
1950 looks way very possible now... |
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Sep 6 2011, 01:26 PM
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Junior Member
294 posts Joined: Jun 2008 |
Wow! Hope it doesn't go up too fast; slow and steady is better... Building up... and crossing the $ 1900 mark... smoothly.... Fgjam just increase pure gold price to RM 216 per gram. |
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Sep 6 2011, 01:29 PM
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Junior Member
23 posts Joined: Oct 2006 From: Alor Star, Kedah |
anyone got any opinion with public bank services??
thinking to go and open gi acc over there, anyone? |
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Sep 6 2011, 01:35 PM
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Senior Member
2,006 posts Joined: Sep 2007 |
any report for any drops in the future? lol.. might wan to pump in some..
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Sep 6 2011, 01:35 PM
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Senior Member
4,093 posts Joined: Jul 2011 |
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