People who got no balls to take the risk, go for FD or saving, dont buy gold simple as that.
Gold price up and down is normal eventually it will raise (inflation) that's the fact.

I'd like to get a single coin as a retirement gift for someone, no investment intentions. Any advice on type, ease of purchase, any owner's registration complications? How about from a jeweler?

111

Guys,

I've read all 3 threads just to make sure I understand and don't ask a silly repeated question. Was googling on UOB GIA, saw this.

Secondly, you will be charged an administrative fee (in grams of gold) of 0.12 gram per month or 0.25% p.a. on the highest balance per month, whichever is higher. This makes keeping low balances in your UOB Gold Savings Account not worth your while.

What does it mean? I thought the only admin fee is the one with RM2 per month if balance below 10g? Confused.

Go PB or MBB buy physical gold or kijang emas, very easy. Pay them and they will let you know where to collect it.

UOB got hidden charges?

you are looking at uob singapore

Aduh... Who is this guy in the YouTube???

Is he a crook or gangster? Maybe people cannot trust him or he has a bad record of cheating and that is why people don't buy from him.

Gold is gold... Unless the person who is selling.. Got problems!

I pity him... Seems that no one trust him.

Imagine Poh Kong or Tomei selling it at US$ 50 for 1 oz... I think the polis have to call the troops like in Bersih to control the crowd!!!!!!

Agree???



This post has been edited by chengcheng: Sep 11 2011, 06:01 PM

I agreed with you So anyone know USD 1855 equavalent to how much in RM per gram? RM 180? Or lesser?

Base on last friday GOLD USD1855.15/1oz divide 31g x Ringgit Malaysia current rate and depend on the bank spread %.

This post has been edited by buysell: Sep 11 2011, 07:07 PM

@chengcheng

In BERSIH the crowd just stand there kena gassed. In THIS case ar, I think they'd break thru tear gas n chemical spray and batons oso la. I know I'll do that

@buysell

1 troy ounce = 31.1034768 grams. So usually counts as 31 grams or 31.1 to be more precise

I know. Typo error.

Hmmm, was there a time when gold was below USD100/oz ? What was the cheapest you guys bought before? When you bought at that time, did you think there was hope for it to reach USD1800/oz ?

It was like 10 years ago, when gold was selling for RM45 per gram

http://online.wsj.com/article/BT-CO-20110910-701487.html

Would be an interesting week ahead if the 3 banks really got downgraded. Any thoughts on which direction gold will move?

my friend ask me buy when at usd1000/oz, i said siao ar buy so expensive... end up i enter at 1700/oz

bold but i like it, bro. i'd say the same exact words

out of curiosity, how many grams/oz of gold do you people keep? just asking.

for me i start with 2g (i poor man) and build 1g each time i got my salary

how can you be poor as you can afford 2g

don't be modest, bro

Not bad, good start. My first was 33g.

tak apa, dia sikit2 lama lama jadi gold bar hahahahhahaa, got saving already good rite...rather than no saving or negative saving

my first encounter with gold was via e-gold - usd470 / oz. those 12dailypro days. during that time, you can even request e-gold to withdraw physical at UK.