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

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Quinn
post Sep 15 2011, 10:52 PM

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QUOTE(trencher10 @ Sep 15 2011, 10:40 PM)
That one long term yo.
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U need to understand gold range movement per day.
keii-kun
post Sep 15 2011, 11:07 PM

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QUOTE(Quinn @ Sep 15 2011, 10:22 PM)
Already profitting over 1000 pips.
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congrats congrats, can belanja all of us makan already and share what platform u use to trade thumbup.gif
the abcd harmonic is looking at 1756 issit?

i'm locking my 1 dinar restu @ nubex. 24/7 online gold store thumbup.gif

This post has been edited by keii-kun: Sep 15 2011, 11:15 PM
SUSbuysell
post Sep 16 2011, 12:01 AM

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QUOTE(o0o0 @ Sep 15 2011, 08:49 PM)
i always faced this situation,
gold price reduced but Msia market closed, can't buy in,
after Msia market opened, the price skyrocketing back.... ==
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doh.gif Tomorrow will drop even more, buy all you can on next monday morning as price expected to drop 1700.
Quinn
post Sep 16 2011, 12:04 AM

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QUOTE(keii-kun @ Sep 15 2011, 11:07 PM)
congrats congrats, can belanja all of us makan already and share what platform u use to trade thumbup.gif
the abcd harmonic is looking at 1756 issit?

i'm locking my 1 dinar restu @ nubex. 24/7 online gold store thumbup.gif
*
XAU for forex. Moved my stop loss. Now, going to rest. wub.gif
o0o0
post Sep 16 2011, 12:10 AM

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QUOTE(buysell @ Sep 16 2011, 12:01 AM)
doh.gif Tomorrow will drop even more, buy all you can on next monday morning as price expected to drop 1700.
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too late... Monday will back to RM 181...
smokymcpot
post Sep 16 2011, 12:11 AM

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Hmmm, should I go for a 1/10 oz coin now or wait. Hmmmm :S
avengers88
post Sep 16 2011, 12:31 AM

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What do I need if I want to buy gold from bank? Lets say maybank since its my main bank. And where to get updated price for the gold live.
SUSbuysell
post Sep 16 2011, 12:35 AM

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QUOTE(o0o0 @ Sep 16 2011, 12:10 AM)
too late... Monday will back to RM 181...
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Nope, by the look at it, gold will keep decreasing until next tuesday before it increase back. nod.gif
PatEagle
post Sep 16 2011, 02:50 AM

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Here, an interesting piece of news. Even Donald Trump prefers physical gold bullion to cash/paper currency.

Trump’s New Gold Standard

user posted image

In the latest development in the growing surge of support for a return to some form of gold standard, Donald Trump has decided to accept gold bullion as a deposit on a commercial lease. This follows a news story we reported on earlier this year when Utah became the first state to legalize gold and silver coins as currency.

On Thursday, the newest tenant in Donald Trump’s 40 Wall Street, a 70-story skyscraper in Manhattan’s Financial District, will hand Mr. Trump a security deposit worth about $176,000. No money will change hands—just three 32-ounce bars of gold.

The occasion will mark the first time the Trump Organization has accepted 99.9% pure gold bullion, rather than cash, as a deposit on a commercial lease.

The tenant, precious-metals dealer Apmex, will sign a 10-year lease for 40 Wall’s 50th floor at a leasing rate of about $50 a square foot, according to Apmex Chief Executive Michael R. Haynes. The company is promoting the use of gold as a replacement for cash in some situations.

Read full story here: http://wp.me/p1nT6G-oA

This post has been edited by PatEagle: Sep 16 2011, 02:52 AM
spikyz
post Sep 16 2011, 05:00 AM

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QUOTE(PatEagle @ Sep 16 2011, 02:50 AM)
Here, an interesting piece of news. Even Donald Trump prefers physical gold bullion to cash/paper currency.

Trump’s New Gold Standard

user posted image

In the latest development in the growing surge of support for a return to some form of gold standard, Donald Trump has decided to accept gold bullion as a deposit on a commercial lease. This follows a news story we reported on earlier this year when Utah became the first state to legalize gold and silver coins as currency.

On Thursday, the newest tenant in Donald Trump’s 40 Wall Street, a 70-story skyscraper in Manhattan’s Financial District, will hand Mr. Trump a security deposit worth about $176,000. No money will change hands—just three 32-ounce bars of gold.

The occasion will mark the first time the Trump Organization has accepted 99.9% pure gold bullion, rather than cash, as a deposit on a commercial lease.

The tenant, precious-metals dealer Apmex, will sign a 10-year lease for 40 Wall’s 50th floor at a leasing rate of about $50 a square foot, according to Apmex Chief Executive Michael R. Haynes. The company is promoting the use of gold as a replacement for cash in some situations.

Read full story here: http://wp.me/p1nT6G-oA
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good news =D hope it promotes d usage of gold and silver in the future.
mingophoria
post Sep 16 2011, 07:42 AM

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if today bank open i will top up a little gold but then....Its malaysia holiday!! bank close ....sheeehhhsss shakehead.gif
hongchai888
post Sep 16 2011, 08:13 AM

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I will go for 200gm if Monday maintain this price or lower, no sky rocket today plz plz plz
mingophoria
post Sep 16 2011, 09:50 AM

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QUOTE(hongchai888 @ Sep 16 2011, 08:13 AM)
I will go for 200gm if Monday maintain this price or lower, no sky rocket today plz plz plz
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shocking.gif 200g...... shocking.gif how many years u save up till that amount?
lee90
post Sep 16 2011, 11:04 AM

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look at the price! Malaysia memang boleh!!! =o="

if after Mr.Bern's talk and the price still drop means the bubble 'pop!' ?
prophetjul
post Sep 16 2011, 11:10 AM

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QUOTE(mingophoria @ Sep 16 2011, 09:50 AM)
shocking.gif  200g......  shocking.gif  how many years u save up till that amount?
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i am going for another 2 kg if gold hits $1650 again........
o0o0
post Sep 16 2011, 11:19 AM

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QUOTE(buysell @ Sep 16 2011, 12:35 AM)
Nope, by the look at it, gold will keep decreasing until next tuesday before it increase back. nod.gif
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Wow.. Haha.. U sure Tuesday US will announce some bad news to stimulate the gold market?

Now looking at the gold price keep dropping, I totally no appetise to eat... Sad...
prophetjul
post Sep 16 2011, 11:22 AM

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QUOTE(o0o0 @ Sep 16 2011, 11:19 AM)
Wow.. Haha.. U sure Tuesday US will announce some bad news to stimulate the gold market?

Now looking at the gold price keep dropping, I totally no appetise to eat... Sad...
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Matey

If you are looking for fast return, stay outta of precious metals..

If you cant stomach volatility of your investment, stay outta of precious metals.. nod.gif
o0o0
post Sep 16 2011, 11:34 AM

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QUOTE(prophetjul @ Sep 16 2011, 11:22 AM)
Matey

If you are looking for fast return, stay outta of precious metals..

If you cant stomach volatility of your investment, stay outta of precious metals..    nod.gif
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Not la, I invest for long term...

I'm just regret that I buy in too early.. sad.gif
SUSbuysell
post Sep 16 2011, 11:44 AM

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QUOTE(lee90 @ Sep 16 2011, 11:04 AM)
look at the price! Malaysia memang boleh!!! =o="

if after Mr.Bern's talk and the price still drop means the bubble 'pop!' ?
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Do you know what you're talking about? doh.gif

QUOTE(prophetjul @ Sep 16 2011, 11:22 AM)
Matey

If you are looking for fast return, stay outta of precious metals..

If you cant stomach volatility of your investment, stay outta of precious metals..    nod.gif
*
+1

Now USD176x/1oz can't wait to buy more next week extremely excited seeing it drop. drool.gif
lee90
post Sep 16 2011, 11:47 AM

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QUOTE(buysell @ Sep 16 2011, 11:44 AM)
Do you know what you're talking about? doh.gif
+1

Now USD176x/1oz can't wait to buy more next week extremely excited seeing it drop. drool.gif
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No, can u explain?

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