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

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noobandroid
post Sep 7 2011, 01:32 PM

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good lo, now invest gao gao liao
bigwolf
post Sep 7 2011, 01:33 PM

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gold just fell through the floor blink.gif
noobandroid
post Sep 7 2011, 01:35 PM

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thats why i go buy 2 grams to play, yesterday 187 30 minutes ago 183, 3 minutes ago when my passbook process is 180, and now 182
bigwolf
post Sep 7 2011, 01:36 PM

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maka@&#%^!&#@*#$*$&@!*@!!!!!!!!!!!!!!!

just bought before go out lunch, came back 1 hour later & it dropped RM2.60 a gram

$$#*^&#@*!@&$*#@*!!!!!!!!!!!!!!
noobandroid
post Sep 7 2011, 01:37 PM

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i was so in luck la, buy when it is lowest


Added on September 7, 2011, 1:40 pmI'm a happy man.. for this moment

This post has been edited by noobandroid: Sep 7 2011, 01:40 PM
hongchai888
post Sep 7 2011, 01:43 PM

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Drop below 1840 before European market open,take care everybody. 1839 now
cybermaster98
post Sep 7 2011, 01:50 PM

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QUOTE(noobandroid @ Sep 7 2011, 01:37 PM)
i was so in luck la, buy when it is lowest
Well i wouldnt say its the lowest. Maybe the lowest for this week so far. Current price is RM 181.37 at US$1,840. I think it may drop further.
noobandroid
post Sep 7 2011, 01:52 PM

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QUOTE(cybermaster98 @ Sep 7 2011, 01:50 PM)
Well i wouldnt say its the lowest. Maybe the lowest for this week so far. Current price is RM 181.37 at US$1,840. I think it may drop further.
*
i bought at RM180.44 which lasted for just 2 minutes or so, so for this moment, yeah im in luck
Taka_0
post Sep 7 2011, 01:53 PM

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aiya...sigh like cybermaster mentioned before... just rm2/3 fell yet ppl so "bising2" here. gold is for long term investment laa. u will get 200-300 increment in a year, why so noisy about 2/3 fell?
noobandroid
post Sep 7 2011, 01:55 PM

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QUOTE(Taka_0 @ Sep 7 2011, 01:53 PM)
aiya...sigh like cybermaster mentioned before... just rm2/3 fell yet ppl so "bising2" here. gold is for long term investment laa. u will get 200-300 increment in a year, why so noisy about 2/3 fell?
*
maybe scare market cripple, and gold goes into the drains?

This post has been edited by noobandroid: Sep 7 2011, 01:56 PM
Taka_0
post Sep 7 2011, 01:56 PM

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its becoming more like kopitiam materials instead of gold discussion. mind you
mcdkfc
post Sep 7 2011, 01:56 PM

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Hi, I'm new here. Just opened PBB GIA. Will start invest now. :)
Taka_0
post Sep 7 2011, 01:57 PM

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discussion about swiss fall down, italian banks in trouble is good stuff to read. good discussion material. but what is not cool to see updates in the thread, just to read about few ppl make some noise over RM2/3 rise and fall. paiseh
wongmunkeong
post Sep 7 2011, 01:58 PM

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QUOTE(Taka_0 @ Sep 7 2011, 01:53 PM)
aiya...sigh like cybermaster mentioned before... just rm2/3 fell yet ppl so "bising2" here. gold is for long term investment laa. u will get 200-300 increment in a year, why so noisy about 2/3 fell?
*
True true - small drops no feel. However, U sure about the $200-$300 increment in a year? Long term and will never fall like end 1980s to 2002?
monsta2011
post Sep 7 2011, 01:59 PM

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QUOTE(Taka_0 @ Sep 7 2011, 01:56 PM)
its becoming more like kopitiam materials instead of gold discussion. mind you
*
Bising bising bcos there are still ppl yet to enter the market.
By the way, it drops from 1918 to 1839 in 2 days huge deal bro.

This post has been edited by monsta2011: Sep 7 2011, 02:00 PM
Taka_0
post Sep 7 2011, 02:03 PM

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QUOTE(wongmunkeong @ Sep 7 2011, 01:58 PM)
True true - small drops no feel. However, U sure about the $200-$300 increment in a year? Long term and will never fall like end 1980s to 2002?
*
what im trying to say, yes do bising2 if got big drop. not just RM2 drop or something. bcoz everyday got RM2 rise and drop. if like this, everyday gonna make some noise with no information inside it. market is volatile, everyone know that. but RM2 up and down? u decide


Added on September 7, 2011, 2:03 pmits depends on ur relative on timing.

This post has been edited by Taka_0: Sep 7 2011, 02:03 PM
noobandroid
post Sep 7 2011, 02:04 PM

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woah USD 1828 d
cybermaster98
post Sep 7 2011, 02:11 PM

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QUOTE(Taka_0 @ Sep 7 2011, 01:53 PM)
aiya...sigh like cybermaster mentioned before... just rm2/3 fell yet ppl so "bising2" here. gold is for long term investment laa. u will get 200-300 increment in a year, why so noisy about 2/3 fell?
Exactly! Gold is not like stock market la. You cannot micro monitor gold investments (unless ure in gold stocks). There will always be rises and dips in gold pricing throughout the day. Most important is you get the best (not right) price when you invest.

Take yesterday for example. Even though gold went up like crazy initially, the final closing price on Maybank was RM 184.08 which was less than Monday's close of RM 184.84.

Gold seems to be dropping drastically now. Its now at US$1,834. Maybank's rate is RM 178.98 now. We will get a clearer picture when European markets open soon. Till then just take it easy and dont get excited too much guys. Remember that you're just adding on to the number of pages in this thread and making it extra long with no real valuable input.

This post has been edited by cybermaster98: Sep 7 2011, 02:13 PM
holybo
post Sep 7 2011, 02:18 PM

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May I know why the The Swiss Franc news drag down the gold price so much? The gold price will be expected to go down again? Wanna top up some gold soon =)
Taka_0
post Sep 7 2011, 02:21 PM

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QUOTE(cybermaster98 @ Sep 7 2011, 02:11 PM)
Exactly! Gold is not like stock market la. You cannot micro monitor gold investments (unless ure in gold stocks). There will always be rises and dips in gold pricing throughout the day. Most important is you get the best (not right) price when you invest.

Take yesterday for example. Even though gold went up like crazy initially, the final closing price on Maybank was RM 184.08 which was less than Monday's close of RM 184.84.

Gold seems to be dropping drastically now. Its now at US$1,834. Maybank's rate is RM 178.98 now. We will get a clearer picture when European markets open soon. Till then just take it easy and dont get excited too much guys. Remember that you're just adding on to the number of pages in this thread and making it extra long with no real valuable input.
*
true, i have a feeling many ppl from forex or stocks that gonna get excited over every ringgit up and getting stress out for every ringgit down. yes we need to monitor it, but if u keep refreshing ur tab every minutes, its not good for ur health (waste of time) plus its doesnt represent the clear picture anyways.. of coz every hours it will go up n down, what do u expect? a linear graph?

what matter is, at the end of d month or week, u make a gain or not. and tell me, past over d months, do u make a profit or loss? there is no use to yell on every RM2 loss since its not ur loss anyway, bcoz u are not selling ur gold in that particular moment right?

trust ur gold and keep it as long as u can. cheers



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