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

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SUSbuysell
post Sep 11 2011, 11:39 PM

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QUOTE(keii-kun @ Sep 11 2011, 10:46 PM)
tak apa, dia sikit2 lama lama jadi gold bar hahahahhahaa, got saving already good rite...rather than no saving or negative saving laugh.gif

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.
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Talk about e-gold "12dailypro" bring me back the time and remind me about those scammer scheme! vmad.gif F those scammer!
ninask
post Sep 12 2011, 08:54 AM

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QUOTE(Gen-X @ Mar 1 2011, 05:13 PM)
For newbie, UOB account you have to buy/sell at incremental of 5g per transaction after opening account e.g. buy/sell 5g, 10g, 15g, 50g and not 8g, 18g or 28g.
From sifu V2, just wanna check. Means I need to top up right after I open an account? Or he's talking about the amount to top up in general? icon_question.gif
I'm new, just reading up, making some decision. If everything goes well, I wanna head to UOB later to open an account. But I don't wanna dump all my money into gold just because, you know. That's why I'm asking biggrin.gif
junhaussen
post Sep 12 2011, 09:32 AM

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rumors gold price will hit $2,300.... ???

"Ben Bernanke’s Secret Plan to Hammer Interest Rates Will Send Gold Soaring to $2,300 and Higher.
Rumors are echoing in the corridors of power in Wall Street and Washington, whispers about Fed Chairman Ben Bernanke’s secret plan for interest rates [...]??
anechoic
post Sep 12 2011, 10:18 AM

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QUOTE(noobandroid @ Sep 11 2011, 10:19 PM)
for me i start with 2g (i poor man) and build 1g each time i got my salary
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I also started with 2g, then top up now.. over 30g..hehe

But price increase compare to 3 months ago I start is RM 30 per g...lol


SUSsoundsyst64
post Sep 12 2011, 10:33 AM

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Just done top up another 2gm at maybank, RM 183.74/g

This post has been edited by soundsyst64: Sep 12 2011, 10:33 AM
mingophoria
post Sep 12 2011, 10:51 AM

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QUOTE(soundsyst64 @ Sep 12 2011, 10:33 AM)
Just done top up another 2gm at maybank, RM 183.74/g
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u think now is a time to go in???
SUSsoundsyst64
post Sep 12 2011, 11:05 AM

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QUOTE(mingophoria @ Sep 12 2011, 10:51 AM)
u think now is a time to go in???
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This is based on your decision. The more you wait, there's a chance that there's no price drop in the future.

I just top-up whenever I have leftover unused fund in my savings tongue.gif
SUSbuysell
post Sep 12 2011, 11:24 AM

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QUOTE(mingophoria @ Sep 12 2011, 10:51 AM)
u think now is a time to go in???
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GOLD is always time to go, few USD10~USD100 up down does not effect much overall, eventually it will raise back over time (we call it inflation). Only invest in gold with your spare money, you will need time for it to grow.
mcdkfc
post Sep 12 2011, 11:36 AM

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QUOTE(mingophoria @ Sep 12 2011, 10:51 AM)
u think now is a time to go in???
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if the price drop, it will not much different.
Sometime u can see the price drop in USD, but when convert to MYR with current exchange rate, the price is increase.
hongchai888
post Sep 12 2011, 12:03 PM

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QUOTE(mingophoria @ Sep 12 2011, 10:51 AM)
u think now is a time to go in???
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For short term, no. For long term, YES.
lustman
post Sep 12 2011, 12:48 PM

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QUOTE(soundsyst64 @ Sep 12 2011, 10:33 AM)
Just done top up another 2gm at maybank, RM 183.74/g
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good move, bro rclxms.gif

SUSbuysell
post Sep 12 2011, 01:49 PM

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I done mine 33g@RM179.11/g thinking of going more for 80g hehe.
mingophoria
post Sep 12 2011, 01:52 PM

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woo..gold dropping... waiting for european market reaction later tonight....
hongchai888
post Sep 12 2011, 02:11 PM

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QUOTE(buysell @ Sep 12 2011, 01:49 PM)
I done mine 33g@RM179.11/g thinking of going more for 80g hehe.
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So cheap? Which bank you bought with? I check with UOB this morning = 181.40
giggs_509
post Sep 12 2011, 02:12 PM

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Is it true maybank cannot do gold withdrawal?
SUSsoundsyst64
post Sep 12 2011, 02:16 PM

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QUOTE(hongchai888 @ Sep 12 2011, 02:11 PM)
So cheap? Which bank you bought with? I check with UOB this morning = 181.40
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Maybe he bought at the exact time as the gold price is dropping


QUOTE(giggs_509 @ Sep 12 2011, 02:12 PM)
Is it true maybank cannot do gold withdrawal?
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physical gold - no

only withdraw and convert to cash

This post has been edited by soundsyst64: Sep 12 2011, 02:22 PM
SUSbuysell
post Sep 12 2011, 02:28 PM

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QUOTE(hongchai888 @ Sep 12 2011, 02:11 PM)
So cheap? Which bank you bought with? I check with UOB this morning = 181.40
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Haha, that was one week ago before the price climb up to USD1921/1oz then drop back to current price. sweat.gif
mamet
post Sep 12 2011, 02:31 PM

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how long it will go down b4 go up again ??
any idea?? 1849 now and i bet it will never reach 1800 and below ..
SUSbuysell
post Sep 12 2011, 02:34 PM

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QUOTE(mamet @ Sep 12 2011, 02:31 PM)
how long it will go down b4 go up again ??
any idea?? 1849 now and i bet it will never reach 1800 and below ..
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If you wait it will goes up! Buy it if you could afford with spare money as soon as possible.
mamet
post Sep 12 2011, 02:47 PM

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i tot if dollar down gold will bull but wth gold drop even further now lol ..
btw anyone gonna "buy the dips" ??

This post has been edited by mamet: Sep 12 2011, 02:48 PM

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