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

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spikyz
post Sep 7 2011, 09:30 PM

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if short term buyer, they will worried.

for long term investor, nothing to worry about.
json93
post Sep 7 2011, 09:33 PM

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big dip... 1806 /oz......Time to buy?..
trencher10
post Sep 7 2011, 09:39 PM

Long-term AFK ...
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Really the past few weeks are unique in gold spot prices history, up and down in 100-200 USD ranges. Wonder which day-limit moving average should I use for medium-term ...
xproc
post Sep 7 2011, 09:47 PM

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the price keep fall.. 1807... see what will happen tomorrow, might have a good chance to top up more....
keii-kun
post Sep 7 2011, 09:51 PM

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good chance? it is another chance to ride again.
those who sold uob passbook @ 183, tomorrow can be another re-entry, with price at 1800, we should be looking at 174-ish based on goldprice.org chart.

lock and load
kueyteowlou
post Sep 7 2011, 09:52 PM

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2 big waves...

are you ready for another wave?

or you will just wait until it stables..

i sold all of mine @ 1916usd.. and go into stock market..

since stock market are in dip now.. so i choose to go in stock..

roller coaster for gold is dangerous.. i don't like.. hehee..
Nidz
post Sep 7 2011, 09:55 PM

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if tomorrow price is below 175 per gram, im gonna go uob n buy something.... hands itchy already...hehe
hongchai888
post Sep 7 2011, 10:00 PM

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QUOTE(Nidz @ Sep 7 2011, 09:55 PM)
if tomorrow price is below 175 per gram, im gonna go uob n buy something.... hands itchy already...hehe
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I am going to queue at UOB and restock around 100 gram if price maintain at such. Say hi to me if see me
monsta2011
post Sep 7 2011, 10:04 PM

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Bargain. need to buy before Bernarke speaks again LOL.
hongchai888
post Sep 7 2011, 10:17 PM

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QUOTE(monsta2011 @ Sep 7 2011, 10:04 PM)
Bargain. need to buy before Bernarke speaks again LOL.
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U mean can bargain with the bank? Possible?
keii-kun
post Sep 7 2011, 10:23 PM

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u have money for 1kg, no need to bargain.
if u have 500gm can bargain a bit...maybe cheaper a bit

this thread will be quiet around 930am tomorrow hahahhaaha

xproc
post Sep 7 2011, 10:27 PM

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QUOTE(kueyteowlou @ Sep 7 2011, 09:52 PM)
2 big waves...

are you ready for another wave?

or you will just wait until it stables..

i sold all of mine @ 1916usd.. and go into stock market..

since stock market are in dip now.. so i choose to go in stock..

roller coaster for gold is dangerous.. i don't like.. hehee..
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ya really 2 big roller coaster this few weeks.... i tot of selling at the 2nd top of the coaster but suddenly held back due to the big spread.... hmmm maybe will cash out the the 3rd coaster topand looking for others options

or....

top up more at this coaster bottom... rclxub.gif rclxub.gif rclxub.gif
Nidz
post Sep 7 2011, 10:35 PM

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QUOTE(hongchai888 @ Sep 7 2011, 10:00 PM)
I am going to queue at UOB and restock around 100 gram if price maintain at such. Say hi to me if see me
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walawei... lucky u got money.. me no money can only afford 1oz.... notworthy.gif

QUOTE(monsta2011 @ Sep 7 2011, 10:04 PM)
Bargain. need to buy before Bernarke speaks again LOL.
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when will he speaks again? this friday?

QUOTE(hongchai888 @ Sep 7 2011, 10:17 PM)
U mean can bargain with the bank? Possible?
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he meant now is a good bargain to buy... i dont think its possible to bargain with bank if we are buying small quantity... sweat.gif
monsta2011
post Sep 7 2011, 10:47 PM

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QUOTE(hongchai888 @ Sep 7 2011, 10:17 PM)
U mean can bargain with the bank? Possible?
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Nah I mean it's a bargain now since the price has dropped a lot. smile.gif Not sure if you can bargain with the bank.


Added on September 7, 2011, 10:49 pm
QUOTE(Nidz @ Sep 7 2011, 10:35 PM)
when will he speaks again? this friday?
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Sometime this week, not quite sure which day eh I need to check.

This post has been edited by monsta2011: Sep 7 2011, 10:49 PM
hongchai888
post Sep 7 2011, 11:03 PM

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QUOTE(monsta2011 @ Sep 7 2011, 10:47 PM)
Nah I mean it's a bargain now since the price has dropped a lot.  smile.gif Not sure if you can bargain with the bank.


Added on September 7, 2011, 10:49 pmSometime this week, not quite sure which day eh I need to check.
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What time the Asian gold market open?
FrancescoTop8
post Sep 7 2011, 11:08 PM

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QUOTE(kueyteowlou @ Sep 7 2011, 09:52 PM)
2 big waves...

are you ready for another wave?

or you will just wait until it stables..

i sold all of mine @ 1916usd.. and go into stock market..

since stock market are in dip now.. so i choose to go in stock..

roller coaster for gold is dangerous.. i don't like.. hehee..

*
Good luck with your stocks too, because i have a feeling that QE3 are coming smile.gif

In current economy situation, everything is risky & unpredictable .
Who could expect Swiss Franc will be bold enough to be devalued ?

Let see which rollercoaster are dangerous, gold or stock whistling.gif
Nidz
post Sep 7 2011, 11:13 PM

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QUOTE(hongchai888 @ Sep 7 2011, 11:03 PM)
What time the Asian gold market open?
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australia - 7am (our time)
hong kong - 8.30am (our time)

more info here
monsta2011
post Sep 7 2011, 11:24 PM

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QUOTE(Nidz @ Sep 7 2011, 11:13 PM)
australia - 7am (our time)
hong kong - 8.30am (our time)

more info here
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It's 8am Malaysian time for Australian Gold ETFs biggrin.gif
mrBuLuKoreK
post Sep 7 2011, 11:25 PM

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Guys, I suppose every bank has their minimum balance in their passbook account, exp(maybank 2gm, UOB, 10gm, etc). Let say Im in emergency and need to withdraw all my gold in the account and exceeding their minimum balance. do we still get our full amount of money. or they will eat our minimum balance?coz my friend says that let say UOB have 10gm minimum balance and we r going to close our account. they will eat up all 10gm of our gold as the result??
monsta2011
post Sep 7 2011, 11:26 PM

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QUOTE(mrBuLuKoreK @ Sep 7 2011, 11:25 PM)
Guys, I suppose every bank has their minimum balance in their passbook account, exp(maybank 2gm, UOB, 10gm, etc). Let say Im in emergency and need to withdraw all my gold in the account and exceeding their minimum balance. do we still get our full amount of money. or they will eat our minimum balance?coz my friend says that let say UOB have 10gm minimum balance and we r going to close our account. they will eat up all 10gm of our gold as the result??
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Just close your account if you want to withdraw all.

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