Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
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 Sep 20 2011, 02:04 PM
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Senior Member
592 posts Joined: May 2008  
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QUOTE(o0o0 @ Sep 20 2011, 01:46 PM) Damn... Gold price drop because of US currency increasing by days and investor selling gold to cover stock market. Stock market down! Currency down! Gold also down! Every thing are down!! Then what is up??? Where is the investors' money go?   US Euro panic now circling the money around nothing is up. |
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Sep 20 2011, 02:06 PM
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Senior Member
1,497 posts Joined: Jun 2009 From: Kuala Lumpur 
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QUOTE(Alexdino @ Sep 20 2011, 10:53 AM) when is the meeting? http://fidweek.econoday.com/byshoweventful...30&cust=mam#top |
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Sep 20 2011, 02:07 PM
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Senior Member
2,006 posts Joined: Sep 2007 
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QUOTE(buysell @ Sep 20 2011, 02:04 PM) Gold price drop because of US currency increasing by days and investor selling gold to cover stock market. our price still high since USD grow so much... US Euro panic now circling the money around nothing is up. |
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Sep 20 2011, 02:10 PM
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Senior Member
1,497 posts Joined: Jun 2009 From: Kuala Lumpur
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QUOTE(Alexdino @ Sep 20 2011, 02:07 PM) our price still high since USD grow so much... Will it exceed USD 3.2? Cant imaging |
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Sep 20 2011, 02:24 PM
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Senior Member
1,341 posts Joined: Sep 2008
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QUOTE(kueyteowlou @ Sep 20 2011, 11:58 AM) in this bearish market... and also.... down trend market... hehe i still remember u exit during d peak time. well it seems u stick to warren buffet ideology eh. fear when everyone is greedy and be greedy when everyone is on fear.even the safest commodities.. gold has been getting more and more volatile... gold is for long term guys... bear in mind... when you saw some nice profit... you may collect it... and wait for the correction.. you might want to hunt some great potential stock in this time... to get better profit.. buy in bear market.. and wait for the fish.. just my 2 cents... i used to surf this gold thread... but this thread getting hotter and hotter.. haha maybe is the gold trend.. but i choose to leave... i fear when people make money.. lol nice move thou. i bet u dont have headache to see all dis gold prices going down. so where u put ur money now? buying blue chips? or buy back gold when it get cheap enough? |
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Sep 20 2011, 02:43 PM
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Senior Member
592 posts Joined: May 2008
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uhoh now gold price up!
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Sep 20 2011, 03:10 PM
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Junior Member
476 posts Joined: Jul 2009
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was told, major sell down currently underway... how true, not too sure but tipoff by ppl in investment industry.
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Sep 20 2011, 03:14 PM
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Senior Member
1,497 posts Joined: Jun 2009 From: Kuala Lumpur
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QUOTE(buysell @ Sep 20 2011, 02:43 PM) uhoh now gold price up! I believe it wont last long as USD so high now, unless some one desperate for it |
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Sep 20 2011, 04:10 PM
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Senior Member
4,093 posts Joined: Jul 2011
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QUOTE(spikyz @ Sep 20 2011, 02:24 PM) hehe i still remember u exit during d peak time. well it seems u stick to warren buffet ideology eh. fear when everyone is greedy and be greedy when everyone is on fear. nice move thou. i bet u dont have headache to see all dis gold prices going down. so where u put ur money now? buying blue chips? or buy back gold when it get cheap enough?  maybe watch too much his books.. and saw the charts... the first time it touched 1900.. another days fall back to 18xx... then the luck come back.. it touched 1916.. i take half day leave rush to bank and sell off all... lol.... hehee getting in some potential stock counter now... gold will go in when it get stable... so volatile now... scare goes in wrong times ... hehee.. the support level keep on testing down and down...  wish all of you good lucks..  cheers  set a target for yourself.. leave the counter when it met your target without any regret This post has been edited by kueyteowlou: Sep 20 2011, 04:11 PM |
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Sep 20 2011, 04:13 PM
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Senior Member
592 posts Joined: May 2008
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Dip or not I want to buy today, just top up another 12g@RM184.51/g waiting for Ben S. Bernanke news.
I invest for long term, if I dont buy gold those money go waste on computer gadget also  then really lose money more.  This post has been edited by buysell: Sep 20 2011, 04:19 PM |
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Sep 20 2011, 04:26 PM
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Senior Member
1,497 posts Joined: Jun 2009 From: Kuala Lumpur
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QUOTE(buysell @ Sep 20 2011, 04:13 PM) Dip or not I want to buy today, just top up another 12g@RM184.51/g waiting for Ben S. Bernanke news. Actually is very simple for longterm. I invest for long term, if I dont buy gold those money go waste on computer gadget also then really lose money more. -When start, open an account with the initial gold price: eg RM 180. -Whenever u see price below RM 180, top up according to your affordable amount. -If price maintain RM 180 or getting higher, you will be a happy man I am sure. -Repeat this process, buy in whenever gold price drop below RM180 and after sometime you will see the profit. |
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Sep 20 2011, 04:28 PM
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Junior Member
326 posts Joined: Jul 2008
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QUOTE(kapoks @ Sep 20 2011, 01:19 PM) How come got selling price and buying price??? Selling price applies when bank sell to you.Buying price applies when bank buy from you. The difference between selling and buying price is called the spread. |
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Sep 20 2011, 04:44 PM
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Senior Member
592 posts Joined: May 2008
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QUOTE(hongchai888 @ Sep 20 2011, 04:26 PM) Actually is very simple for longterm. It's not about that profit I wanted to make, money I have. I just want to put it into somewhere so I can wake up everyday see it up and down for fun. -When start, open an account with the initial gold price: eg RM 180. -Whenever u see price below RM 180, top up according to your affordable amount. -If price maintain RM 180 or getting higher, you will be a happy man I am sure. -Repeat this process, buy in whenever gold price drop below RM180 and after sometime you will see the profit. |
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Sep 20 2011, 04:56 PM
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Senior Member
1,497 posts Joined: Jun 2009 From: Kuala Lumpur
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QUOTE(buysell @ Sep 20 2011, 04:44 PM) It's not about that profit I wanted to make, money I have. I just want to put it into somewhere so I can wake up everyday see it up and down for fun. I must admit it more fun then going casino  |
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Sep 20 2011, 05:16 PM
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Senior Member
1,175 posts Joined: Mar 2011
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QUOTE(o0o0 @ Sep 20 2011, 01:46 PM) Damn... all keep in swiss bank..Stock market down! Currency down! Gold also down! Every thing are down!! Then what is up??? Where is the investors' money go? |
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Sep 20 2011, 05:18 PM
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Senior Member
592 posts Joined: May 2008
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QUOTE(hongchai888 @ Sep 20 2011, 04:56 PM) I must admit it more fun then going casino +1 Definitely. |
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Sep 20 2011, 05:46 PM
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Junior Member
138 posts Joined: Jan 2008
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QUOTE(buysell @ Sep 20 2011, 05:18 PM) +1 Definitely. ya, its fun when it doesnt drop.... |
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Sep 20 2011, 06:06 PM
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Senior Member
592 posts Joined: May 2008
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QUOTE(viknes36 @ Sep 20 2011, 05:46 PM) ya, its fun when it doesnt drop.... Drop more fun, heart attack but fun. |
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Sep 20 2011, 06:42 PM
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Senior Member
1,227 posts Joined: Sep 2004
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QUOTE(hongchai888 @ Sep 20 2011, 03:14 PM) I believe it wont last long as USD so high now, unless some one desperate for it It's not just high, its forming double top in the charts, good luck! |
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Sep 20 2011, 06:59 PM
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Senior Member
665 posts Joined: Jan 2003
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QUOTE(thunderaj @ Sep 20 2011, 05:16 PM) all keep in swiss bank.. Swiss bank already not uncooperative tax haven. |
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