Yes, you can. Read back the first page.

This post has been edited by buysell: Sep 13 2011, 10:57 AM

If ure investing in gold (and if u can afford it) then always buy more. Buying 5-10g is almost not worth it in the long run. If u buy at RM180 and even if u sell at RM 250 6 months later, your profit is only about RM 700 (for 10g). You can probably save this much just by cutting down daily expenses.

I bought about 400g in 2009. Others have bought much more. But again its based on individual affordability.

400g at what rate you brought that time?

TQ buysell..Just want to be clear...What diff between buying gold at goldsmith and this investment?

Very hard to convince my wife about it..

This post has been edited by elninotorres: Sep 13 2011, 11:30 AM

The different is goldsmith sell physical (real) gold and bank sell paper (passbook) gold.

as i know US holds the largest gold reserve in the world,
do you guys worry that US will sell a portion of their gold to pay off their debt, instead of printing money?

if they do so, gold price will face a sharp dip,
and will go back to 1300 price point,
here is where the gold's bubbles break.

That's not a very bright idea. I doubt those kwai-lo will do that to pay off their debt.

doubt so..

This post has been edited by anechoic: Sep 13 2011, 01:35 PM

doubt so. but what preventing it from happening? we have no control of other ppl county right.

anyway, why u guys doubt US will do so? any restriction for them to do so?

yea ...i lock in price at RM180 ~~ in the morning.... now slightly going down....oh nooo~~~

where to see the real time gold price for malaysia banking?? rate on banking websites only update once a day

Do you think that if they are using it to clear their debt will they push DOWN the prices or push UP?

I think they will push UP UP UP so they can use less of the reserves to clear it.
besides, I don't think anyone has audited the reserves before....

So I have impression... US don't have as much gold as the declared.

My 2 sens worth lo...

Price 1820-1835 today. Not much different. Lets see what happen after Europe and US market open later

Price 1820-1835 today. Not much different. Lets see what happen after Europe and US market open later

Twas around Rm90 p gram in 2009.......BIG drop in 2008........... around 30% USD terms

RM 90? wow....

That's 100% in less than 2 years...

2009 I still watch Tom and Jerry, no time to study gold, regret now

yep....thats what i always remind me wife when i asked her to switch
all her finance stocks to gold........

whats your view on recent volatility, it seems gold cant break through 2000/oz target? or its collecting momentum to make it through? any thoughts?

2000/oz ? going to 17x soon