so can you please help educate us?
i don't understand why print more money can be a good opportunity for gold?

are you saying that due to inflation...then gold will increase price also ?

Hi sifu2. If I wanna buy gold, is Maybank a good place to buy? Or which place you sifu rather go and buy?

Why US Dollar is so "High value" now ? $1 = RM 3.18 ?

Can explain ?

If US dollar drop in price, we can get better price in RM lo

today market very slow. No fun... 
time to learn ichimoku graph more details... 

28/9/2011 9.50AM

UOB 167.9 / 165.9
MBB 169.51/ 162.39
CIMB 169.9/ 164.5
PBB 170.88/ 163.87

UOB site mentioned require to have a saving/current account to open a GIA. can i use credit card to open???

will it drop til 1200/oz ?

INNOCENT QUESTION : wait until when bro? 

Gold is at US$1,590 while USD at 3.18. So we'll surely see a drop in gold prices here in Malaysia this morning. I think we could be looking at RM166/g on UOB.

Thanks, appreciated 

Should always compare closing prices against the opening prices the following day.

Yupe, changedfrom 165.8/163.8  to 166.8 within minutes..

No.
you are the one who talking thrash. And u are the most annoying i`ve seen in this thread.

That Ichimoku guy comes here with a chart & technical explanation which is what this thread need.
And you come with thrash claim without any credible source.

This thread has become a joke and wastefull of time ever since u get in.

err... the range is like 163x to 161x.... i don't consider that small drop as a freefall ler...

our ultimate goal are the same; to make more money

It seem the demand of gold has raised due to China National day approach. Always see gold increase during Asia market compare with Europe and US market

when got time they go shepherd to become cattleman

I am still remember about my blog posting on 5th Sep 2011 (at that time GOLD PRICE reach at USD 1900/Oz) which I qoute from another website... regarding the topic ofWHEN SHOULD YOU SELL YOUR GOLD??? People mentioned this as an idiot conman and rubbish statement. But if WE (including myself) follow the advice, we could get some profit.

And today, we must wait for the gold price to reach at USD2000/Oz and the target date still DOUBT? but those who follow the advice, I am sure now he is getting more profit and can top up more gold to his pocket.

If you dont understand that, go get an English lesson.

Dangerous! You may get blackmail once people know your face.

Gold fall sharply after the FED meeting due to FED fail to launch QE3, and now



Author: Source: Economic Information Daily 2011-09-30 08:29:20 

U.S. Federal Reserve Board (Fed) Chairman Ben Bernanke, 28, the introduction of measures to drive down long-term interest rates after the first public statement. Although there is no explicit reference to the current economic situation or the specific monetary policy, but he hinted that if the U.S. inflation rate or inflation expectations have fallen sharply, the U.S. will need extraordinary measures to further relax monetary policy.

The idea that Bernanke's remarks to imply that the introduction of the third round of the quantitative easing policy (QE3) possibilities. Bernanke has always been in the manufacturing flow, and always hoped that liquidity is maintained.

Do not want deflation

Recently, the U.S. inflation expectations are lower. U.S. inflation expectations by policy makers as a valid indicator of future inflation trends.

Bernanke at the Federal Reserve Bank of Cleveland held a forum to answer questions that the United States is closely watching the current inflation trend. He said: "If the inflation rate had dropped to a low level, we must take action to respond, because we do not want to deflation."

It is reported that the current U.S. core inflation rate of about 1.6%, 2% of the Federal Reserve that is more appropriate level.

21 before the Fed announced a long-term rates down to "distortions operation", that is, before June next year will sell the remaining period of the following three years $ 400 billion in short-term treasury bonds to buy the same amount for a period of 6 years to 30 years long-term bonds.

Some analysts have pointed out that the Fed's move has been very bold, the scale of $ 400 billion more than economists' expectations, but the "twist action" to stimulate economic growth would not be very obvious. At the same time, such a large amount means the Fed once again take similar measures have been very small room, in order to further expand market liquidity, the Fed may have to increase the size of its balance sheet, which is introduced QE3.

I can see USD will achieve 3.3 very soon, no eye see 

Estimate USD will increase up to 3.50 by end of this year and gold will reach back 18xx-1900.

Bro, ive been here for quite a while..u got me confused...

back 2 weeks ago, u screaming n ask ppl not to buy gold, say its gonna be 12xx sooooonnnnn, and even once u claimed gold will be 50% of d current value...u predict it will be in 2 weeks time right? as shown below
Now u saying its gonna be 1900 pulak? ayoyoyo bro, make a stand la bro.