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

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ssilverr82
post Sep 10 2011, 01:33 PM

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my dad bought a pamp suisse 100gm bar from a chinese goldsmith shop in Klang.. (we always get gold jewelry from that shop)... at that time it 14.5 k... but i realized that there were no pink cert given... is it harder to sell without the cert?
jphlau
post Sep 10 2011, 05:05 PM

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QUOTE(ssilverr82 @ Sep 10 2011, 01:33 PM)
my dad bought a pamp suisse 100gm bar from a chinese goldsmith shop in Klang.. (we always get gold jewelry from that shop)... at that time it 14.5 k... but i realized that there were no pink cert given...  is it harder to sell without the cert?
*
the cert comes with the packaging...
wongmunkeong
post Sep 10 2011, 05:46 PM

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QUOTE(GoldChan @ Sep 10 2011, 11:38 AM)
different view are respected. sometimes, i sound harsh, I apologise up front.

1. It's a question of timing.  Many argue whether it is a slow death or quick death.

Quick Death.
Nuclear war. If that the case, then spend most your $ now.

Slow Death.
This one susah.
rite now in Malaysia I think we still have some time as long as no racist riot.
as a peak oil believer, I don;t think much about property and stock. cause I believe they are the first to fail when economy collapse.

http://www.amazon.com/Modern-Survival-Manu...c/dp/9870563457
this book will give you a good picture on how things look like.
but for malaysia U may need to consider that we have malay, chinese and indian. How will each of them interact during crises remain to be seen.

the safest place to be is in Borneo Sarawak deep in the jungle where you grow your own food. iban community

2nd safest place like Sibu, etc. Chinese Community
given the chances if you can let go everything here, and have enough cash to settle down on places with established community all

places like Pahang with small town: Malay community. plant rice, rear itik, ayam, kambing.
problem; land is too expensive to buy.
land takes 3-5 years to stabilizes and start producing enough food.

that the way I see at things.

the rest of the things, no need to consider. There is no oil or any other energy to run it.

for gold, its a question of timing. when to dispose, definitely something to consider in 2012 - 2015.
*
No worries bro - you're passionate. I know where U are coming from nod.gif

Hey - good survivalist ideas, similar to what i had in mind icon_rolleyes.gif
Me, hehe - just doing small scale water sustainability (rain-water harvesting & solar boiling) + food & cooking gas stocking (use & replenish) & protection.
Planning for a self-sustaining plot of land + home but currently the $'s weak tongue.gif + dunno how to effectively secure/defend such an open area VS current simple terrace house.

This post has been edited by wongmunkeong: Sep 10 2011, 05:47 PM
Quinn
post Sep 10 2011, 06:20 PM

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QUOTE(Quinn @ Sep 7 2011, 07:08 PM)
As a trend trader, i do not try to pick tops or bottoms. Nor do i try to catch the start of the trend nor end of the trend. It is difficult for me to answer your question. Therefore, the only way is to observe for a change of trend, which will be to break the Senkou Span B in M15 chart. Another suggestion, as mentioned in my analysis, spot some reversal points in the S&R i have plotted. I am definately watching the 1806.91 smile.gif
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Hi all, how's with gold? As mentioned earlier on, 1806.91 was the region i was really watching for. However, I just got back from my holiday in Kuala Lumpur and didn't do a thing about it. It is ok. Everyday also can make money smile.gif brows.gif
SUSbuysell
post Sep 10 2011, 06:45 PM

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QUOTE(Quinn @ Sep 10 2011, 06:20 PM)
Hi all, how's with gold? As mentioned earlier on, 1806.91 was the region i was really watching for. However, I just got back from my holiday in Kuala Lumpur and didn't do a thing about it. It is ok. Everyday also can make money smile.gif  brows.gif
*
Now USD1855.15/1oz, next monday mostly decrease more. hmm.gif
Alexdino
post Sep 10 2011, 09:30 PM

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QUOTE(wongmunkeong @ Sep 10 2011, 05:46 PM)
just doing small scale water sustainability (rain-water harvesting & solar boiling
*
off-topic: rain water harvesting and solar is it worth even to consider in Malaysia? you are targeting for GBI? or reselling the solar generated $$ back to TNB?
hongchai888
post Sep 10 2011, 10:10 PM

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QUOTE(buysell @ Sep 10 2011, 06:45 PM)
Now USD1855.15/1oz, next monday mostly decrease more. hmm.gif
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No chance to buy at USD1855.15 on Monday, price will increase as soon as Australia and Hong Kong market open , which ahead of Malaysia . When the time we want to buy, already increase dont know how many % rclxub.gif

This post has been edited by hongchai888: Sep 10 2011, 10:11 PM
azizulego
post Sep 10 2011, 10:15 PM

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QUOTE(jphlau @ Sep 10 2011, 05:05 PM)
the cert comes with the packaging...
*
Not so if he baught 100 gm Casting Pamp... there is no packaging.

For minted gold, yes...
wongmunkeong
post Sep 10 2011, 10:34 PM

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QUOTE(Alexdino @ Sep 10 2011, 09:30 PM)
off-topic: rain water harvesting and solar is it worth even to consider in Malaysia?  you are targeting for GBI? or reselling the solar generated $$ back to TNB?
*
Hehhe - sorry for the off topic shortie bro/sis
It's not an economic thing for me - it's "just in case" tongue.gif.
Anyways, i am using the water for washing and gardening + energy anyhow.
Sorry mod - end of non-gold thinggy - a thousand apologies notworthy.gif
Alexdino
post Sep 10 2011, 10:51 PM

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QUOTE(hongchai888 @ Sep 10 2011, 10:10 PM)
No chance to buy at USD1855.15 on Monday, price will increase as soon as Australia and Hong Kong market open , which ahead of Malaysia . When the time we want to buy, already increase dont know how many % rclxub.gif
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it is not sure that it will increase, it might decrease.
Kaka23
post Sep 10 2011, 11:12 PM

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I think gold will increase on Monday looking at US market down alot this Friday..
smokymcpot
post Sep 10 2011, 11:23 PM

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http://www.youtube.com/watch?v=Gk5aRIz17fk

LOL! Watch and see.
bigwolf
post Sep 10 2011, 11:47 PM

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QUOTE(smokymcpot @ Sep 10 2011, 11:23 PM)
aduihhhhh..... doh.gif

but then again, if someone just walk up on me and ask me to buy it for RM150, I'd say no oso ler... 'So f*****g cheap!?!?!?!? FAKE LAR' would be what I'm thinking.
smokymcpot
post Sep 10 2011, 11:49 PM

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QUOTE(bigwolf @ Sep 10 2011, 11:47 PM)
aduihhhhh.....  doh.gif

but then again, if someone just walk up on me and ask me to buy it for RM150, I'd say no oso ler... 'So f*****g cheap!?!?!?!? FAKE LAR' would be what I'm thinking.
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Yeah. If someone offered RM50 for 1oz gold coin I would give him RM100 to follow me to go to a gold shop to test whether it is real biggrin.gif
bigwolf
post Sep 10 2011, 11:58 PM

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QUOTE(smokymcpot @ Sep 10 2011, 11:49 PM)
Yeah. If someone offered RM50 for 1oz gold coin I would give him RM100 to follow me to go to a gold shop to test whether it is real biggrin.gif
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ya hor, good idea brows.gif
SUSbuysell
post Sep 11 2011, 01:49 AM

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QUOTE(smokymcpot @ Sep 10 2011, 11:23 PM)
OMG! I would give him US100 for 1oz, doh.gif majority people this days only know paper money really stupid. If those people see this video they should bang their head over the wall, hah!

QUOTE(smokymcpot @ Sep 10 2011, 11:49 PM)
Yeah. If someone offered RM50 for 1oz gold coin I would give him RM100 to follow me to go to a gold shop to test whether it is real biggrin.gif
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MarkDice is selling it for US50 not RM50 doh.gif


mingophoria
post Sep 11 2011, 08:21 AM

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QUOTE(hongchai888 @ Sep 10 2011, 10:10 PM)
No chance to buy at USD1855.15 on Monday, price will increase as soon as Australia and Hong Kong market open , which ahead of Malaysia . When the time we want to buy, already increase dont know how many % rclxub.gif
*
QUOTE(Alexdino @ Sep 10 2011, 10:51 PM)
it is not sure that it will increase, it might decrease.
*
QUOTE(oscar_blueocean @ Sep 11 2011, 01:33 AM)
PM to you.


Added on September 11, 2011, 1:34 am

Had sent you a PM as well
*
Conclusion = gold price very volatile.... either u win it or u drop it..... nod.gif
ssilverr82
post Sep 11 2011, 08:22 AM

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QUOTE(azizulego @ Sep 10 2011, 11:15 PM)
Not so if he baught 100 gm Casting Pamp... there is no packaging.

For minted gold, yes...
*
yeah mine is the casting pamp... they normally sell it with pink cert right?
GoldChan
post Sep 11 2011, 09:17 AM

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QUOTE(wongmunkeong @ Sep 10 2011, 05:46 PM)
No worries bro - you're passionate. I know where U are coming from  nod.gif

Hey - good survivalist ideas, similar to what i had in mind  icon_rolleyes.gif
Me, hehe - just doing small scale water sustainability (rain-water harvesting & solar boiling) + food & cooking gas stocking (use & replenish) & protection.
Planning for a self-sustaining plot of land + home but currently the $'s weak tongue.gif + dunno how to effectively secure/defend such an open area VS current simple terrace house.
*
at a start, for security reason. Terrace or kampung house is the way to go. Thus, one will live with whatever he able to stock. lifespan 1-2 years
important thing is the water supply source. If that issue is addressed, then survival will be based on the amount of food you can stock.
After things is settled, then only land issue.
no plan is a good plan.

hongchai888
post Sep 11 2011, 10:12 AM

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QUOTE(mingophoria @ Sep 11 2011, 08:21 AM)
Conclusion = gold price very volatile....  either u win it or u drop it.....  nod.gif
*
Yeah, its so rare gold price up and down so much in a short period. Something big might happen....

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