QUOTE(prophetjul @ Oct 3 2011, 02:32 PM)
where do you keep your kijang emas ya? 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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Oct 3 2011, 04:54 PM
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#61
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Oct 4 2011, 01:41 PM
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#62
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QUOTE(joey85 @ Oct 4 2011, 11:08 AM) UOB minimum 20gm open, hold 0gm also can la. The bank only charge you RM2 per month if holding less than 10gm. Buy/sell in 5gm volume.http://www1.uob.com.my/assets/pdf/business...e_Sheet_GSA.pdf |
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Oct 5 2011, 11:49 PM
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#63
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curiously, 1 month ago whenever there's any bad news from europe & us markets, gold sure goes up as ppl flee from the markets and park their funds into CHF and gold. ever since the swiss pegged their CHF to euro, gold has not been behaving the same. and then operation twist really screwed things up
now whenever any bad news from both markets, gold goes down as well, reason is 'ppl have to sell gold to cover their losses'. question is, why were they not selling their gold earlier during the time before the swiss pegged their currency & operation twist? |
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Oct 6 2011, 03:37 PM
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#64
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sideways action only...
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Oct 6 2011, 08:44 PM
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#65
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thread so quiet wan now?
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Oct 6 2011, 10:15 PM
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#66
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QUOTE(mingophoria @ Oct 6 2011, 10:09 PM) recession maybe coming le (look at this video link - what is ur opinion leh) ummm... fd? i truly agree with him lo..... nobody trust the market now....so we should invest in something safe... like what le..... |
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Oct 6 2011, 10:36 PM
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#67
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Oct 6 2011, 11:40 PM
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#68
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Oct 7 2011, 06:30 PM
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#69
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QUOTE(quackpack @ Oct 7 2011, 06:07 PM) Saw this in trade zone dispute corner. wah, just finished reading the thread. really must be careful & insist on CODhttp://forum.lowyat.net/index.php?showtopi...post&p=45846853 since there are people trading their gold and silver here as well. be vigilant and insist on COD only. |
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Oct 10 2011, 01:53 AM
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#70
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Oct 11 2011, 05:02 PM
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#71
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1655 oledi. frankly i'm not surprised. if you follow cnn & bloomberg, you'll notice - today economy good news, tomorrow bad news, next day good news again and the day after more bad news. if thats not manipulation i don't know what is
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Oct 14 2011, 01:17 AM
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#72
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Oct 19 2011, 07:17 AM
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#73
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QUOTE(lipton tea @ Oct 19 2011, 01:06 AM) im thinking of buying physical gold from UOB bank...like Canadian Gold Maple Leaf, Australian Kangaroo, Gold Nugget, Swiss Kinebar,Swiss Pamp Gold and Singapore Lion Gold Coin in small quantities la of course....i have about RM5K to spare....just wondering....if i keep if for 3-5 years...my concern is it not being insured by PIDM.....dunno secure or not.. you can go ahead and invest, no worries la. not insured by pidm means if the bank collapse, then you won't get back your money. but how often do we hear bank collapse in malaysia?THIS IS A NON-PRINCIPAL PROTECTED PRODUCT. THE RETURNS ON THIS INVESTMENT ARE SUBJECT TO THE GOLD PRICE FLUCTUATION. THE RETURNS ON THIS INVESTMENT ARE UNCERTAIN AND CUSTOMER RISKS EARNING NO RETURNS AT ALL. THE CUSTOMER IS REMINDED THAT THIS PRODUCT IS NOT INSURED BY PERBADANAN INSURANS DEPOSIT (PIDM). What do u guys think... |
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Oct 20 2011, 05:21 PM
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#74
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QUOTE(quackpack @ Oct 20 2011, 04:44 PM) You don't get it at all. don't mention quinn in front of buysell!!! Short term buyers knows what they are dealing most of the time. When gold was at 19xx most short term buyer already sold off and reap the profits out from people who just jump in the bandwagon during that moment. It is already mention alot of times in this forum that gold is speculated very heavily during 18xx. Dont always be in a denial mode when gold price drop when bought at higher price. Quin already gave enough teachings here, everyone needs a plan. anyways kinda busy now, will post some opinions later tonite |
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Oct 20 2011, 11:18 PM
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#75
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QUOTE(quackpack @ Oct 20 2011, 09:53 PM) This is a forum, my reply is not meant for you only. Good points there. But 1 thing though, as you said, news & technical analysis can't give the whole picture and also which direction (up or down?) it will go. We might also want to consider manipulation by the big players (JPM? That story true or not ar?). Take yesterday & today for example, out of the blue or based on the slightest rumor gold & silver crashed like crazy. Even as I'm typing this silver just crashed 0.40. Were there news of 8 thousand tons gold motherlode discovery? Were there news of alternative cheap technology that replaces silver for industrial use? If not then why the crash? If this is not manipulation, then I don't know what is. When you can invest smartly and enjoy the benefit, why waste it on being in denial and keep bank on the notion that in n years time, you will get back your profit when you can get it back without waiting that long? News and technical analysis alone does not give you the whole picture where gold is heading. Since gold forum v1, I have learn from forumers here to trade smart, if you are smart enough to come online, then I am sure you have the ability to think,research and make proper judgement. Gold can be bought with money but when gold's value drop, you cant eat your gold can you? Everyone can see for themselves the volatility of gold. To newcomers trying to invest on gold, don't always give yourself the excuse that "after n years, I can recover the lost". Trade smart,not blindly. For me I only invest in gold long term with money that I can afford to lose. For those that I can't afford to lose, I put into safer & less risky investments. I'm not a smart trader coz I'm not that smart, period Therefore, I shall hold and wait for that "n years" to recover the loss. Unless someone can show me a better alternative that's worth enough to even liquidate my gold holdings at a loss now? This post has been edited by bigwolf: Oct 21 2011, 01:19 AM |
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Oct 21 2011, 09:59 AM
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#76
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QUOTE(eXTaTine @ Oct 21 2011, 08:21 AM) What a ridiculous statement, 0.40c dip, you call it a crash? 40c is just a blip, don't tell me if Silver drop 40c then it must be a manipulation? Sigh this "manipulation" phrase has been used to death again and again without knowing the real meaning. used to be, a 0.40c movement in a DAY is big news for silver. and yesterday it was around 0.80c drop in around half an hour. gold dropped around 10.00 within the same time. now i dont claim to be an expert on the manipulation stuff which is why i'm asking if that story about jpm is real or not (for all we know wynter benton could be a kid behind the pc in the basement of his mother's house making the grandest joke of the century) but i dont think sharp movements like these in precious metals market are normal |
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Oct 21 2011, 09:51 PM
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#77
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QUOTE(eXTaTine @ Oct 21 2011, 10:23 AM) Used to be, Silver was 8 dollars. Used to be Silver was less than 20 dollars. Even when Silver was less than 20 dollars it made over 1 dollar moves. Now Silver is over 30 dollars, what is 40 cents? What is 80 cents? 40 cents is less than 1.5%, 80 cents is less than 3%! So 40 cents is just a small movement, completely irrelevant to the big picture. dude, i was trying to make an emphasis on market manipulation but i noticed you gave no answer to that but instead keep harping about that crash word, wassap? aiyohhh if that is so unacceptable for you then sorry lah, i should not mention 'crash' lah. i should have mentioned 'silver just made an insignificant tiny little dip that was a barely noticeable 0.40'. happy now? This post has been edited by bigwolf: Oct 21 2011, 09:56 PM |
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Oct 22 2011, 01:09 AM
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#78
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QUOTE(eXTaTine @ Oct 21 2011, 11:24 PM) So you mean every time silver drops it is market manipulation? Every asset rises and falls, how can you claim market manipulation unless you have a good reason to believe so? Assuming even if there was market manipulation, it does not mean every dip is due to market manipulation, it would more likely be the normal market movement. I already addressed this before but you ignored it. Please do not put words into people's mouth. It is a very rude thing to do. Nowhere did I claimed every drop is due to manipulation. http://online.wsj.com/article/SB1000142405...2689573902.html I believe I asked a reasonable question about JPM & if Wynter Benton is real or not. You basically went ballistic without elaborating or presenting any facts as to why you think there should be no manipulation. I shall now stop replying to this pointless argument as it serves no purpose other than semantics. This post has been edited by bigwolf: Oct 22 2011, 01:17 AM |
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Oct 23 2011, 11:40 AM
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#79
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Oct 23 2011, 07:02 PM
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#80
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QUOTE(GoldChan @ Oct 23 2011, 03:53 PM) last 2 mths lah, not last 6 mths serious la bro, i've been asking the branch for the last 6 months and they always don't have stock. unless customers sold to them and they resell back to you. now i wont say 6 months solid everyday out of stock coz i didnt check everyday but maybe you bought from them on the day someone just sold their gold?Added on October 23, 2011, 4:07 pmwell, here are some pointers for those who wanted to know more http://www.peakoilandhumanity.com/chapter_choice.htm http://www.chrismartenson.com/crashcourse If you are not upset, you don;t understand the problem. In the end, there is only 2 group. Those who believe and those who didn;t. >There are enough untapped oil for the rest 40-50 years without much problem, just how oil price dictated whether people interested to dig out those >untapped marginal oil field, deep sea one. a) if this is true, then no 9/11, no iraq war, no libya war, USA won;t bother about IRAN at all. b) petronas no need to go worldwide looking 4 oil., China will not go worldwide looking 4 oil. c) China will stop all the coal mining , will not built the biggest hydro and dam all the river. d) No need to do nucklear in Japan, USA, UK, China. just switch to gas + oil. e) no need to do tar sand in Canada. as tar sand is as of now, there is no major oil field found since 2004. peak discovery was in 1967, after Ghawar (saudi arab) no more major oil field bigger than ghawar was found. current EROEI for deep sea oil is 5:1. That means 5 barrel of oil for one barrel of oil invested in production exclude exploration cost. Since 1980s, no more new oil refining facilities was developped. if there is oil why not build more refinery. All major oil companies merged. Exxon + Mobil. e.g. The no of oil well drill in USA exceed those in Middle east by a factor of 10x. nothing can replace oil. period. Money cannot buy oil in the future. as for oil, you might want to check out oilsands and canada. i believe if oil price is profitable enough they can always increase their production |
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