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

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Alexdino
post Aug 27 2011, 10:51 PM

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QUOTE(BATMAN99 @ Aug 27 2011, 10:30 PM)
How come the price stopped at $USD 1827.36 since afternoon until now?  hmm.gif
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market closed.. tongue.gif
Alexdino
post Aug 30 2011, 05:35 PM

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QUOTE(Quinn @ Aug 30 2011, 10:49 AM)
Gold chart updated. The more in dance in the kumo, the sentiment will slowly turn into bearish songs.
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we cant do anythings now.. all bank closed.. sad.gif but the price seem to be unable to go pass 1800
Alexdino
post Sep 1 2011, 03:23 PM

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QUOTE(eXTaTine @ Sep 1 2011, 02:02 PM)
Haiyo...small drop like that, nothing unusual la.

On another note, I have a sneaking suspicion that Gold will retest the 1779 level before making another jump.
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1779 will be Rm170/g range?
Alexdino
post Sep 2 2011, 08:55 PM

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QUOTE(buysell @ Sep 2 2011, 08:26 PM)
Lucky quickly brought some already today. Happy seeing it going up. Up, up, away.......................................UP! smile.gif
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didnt manage to buy.. sad.gif
Alexdino
post Sep 2 2011, 09:38 PM

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QUOTE(mbj78 @ Sep 2 2011, 09:04 PM)
The gold price seem to touch USD 2000 / Oz. If this happen I will sell my Kijang and MGIA. Then wait the price to drop as happened on 23rd Aug 2011.
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It seem like it not going to even go beyond 1900 sad.gif
Alexdino
post Sep 6 2011, 01:35 PM

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any report for any drops in the future? lol.. might wan to pump in some..
Alexdino
post Sep 6 2011, 01:43 PM

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all report regarding drop to 1600 doest seem to be possible now
Alexdino
post Sep 8 2011, 10:16 AM

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QUOTE(prophetjul @ Sep 8 2011, 07:55 AM)
In 2004, gold returned 'only' 5.37%..........so theres no guarantee

You message is misleading..........even with 50% over two years
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but 2004 is so old liao.. did you see the trend of recent year? 2010, 2009?

theres no guarantee, but confirm is the return will be there, even 5.37 is better than fix deposit saving.


Alexdino
post Sep 8 2011, 10:47 AM

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QUOTE(prophetjul @ Sep 8 2011, 10:27 AM)
means if you buy NOW, you maybe buying HIGH
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the word "maybe'? tongue.gif you would like to buy at affordable price or even miss the boat?

"HIGH" is very subjective for different people, some people might have the capital to go in high while other wait for low end, but eventually it will go up again, it depend how much you would like to profit from there, set your target and go in with your affordable capital, you will never know when it will be lowest or when will it be at highest.

biggrin.gif enlighten me, where will it hit the lowest? i know everyone will want to earn with the highest margin, but you 'might' miss the boat.

btw, this is my personal thought and it might not promise a good return

Alexdino
post Sep 8 2011, 10:55 AM

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QUOTE(wongmunkeong @ Sep 8 2011, 10:26 AM)
True - 2004 is "so old liao" + 2009-2010 spike.

Ever heard of "the more things change, the more things stays the same" + "this time it's different" which is usually followed by "oh oh.. crap"?
Look at gold's spike in 1980s and the subsequent fall and flatline until about 2001-2002. Yeah - different circumstances but prices usually move based on greed/fear right?

History is history to be long forgotten... until it happens again.. and again.. and again.. This time it's different! Which may be right but er.. statistically, i wouldnt bet on it tongue.gif

Just a thought.
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Yeah right. dont trade the gold for short-term, hell care the 'spike' or 'flatline' if you dont even sell it eventually you 'might' be earning right? tongue.gif

yeah good for looking back at history and the graph, but can you confirm the future can be predicted?

i will only say buy if you afford at that price, you won't know when it is lowest or highest except if you came from future tongue.gif


Alexdino
post Sep 8 2011, 11:04 AM

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QUOTE(prophetjul @ Sep 8 2011, 10:53 AM)
its up to you to  judge whther the risk is worth it whistling.gif
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rclxms.gif yes thats the word, make your own judgment nod.gif

buy only if you are affordable to tongue.gif.

sometime people need to fail to gain brows.gif.
Alexdino
post Sep 8 2011, 11:15 AM

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QUOTE(prophetjul @ Sep 8 2011, 11:01 AM)
And dontwet in yer pants if gold corrected like in 2008 from $1033 to $681..........  nod.gif

Thats 34% correction from high..................  biggrin.gif
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wow, you sure? it will hit 'big' correction? like the prediction at 1600? unsure.gif

hmm.. whistling.gif if im in 2008, buy at 1033 and buy even more at 681, sell at 1800.. profit? hmm.gif both still "profit", is just one earn 30% less then the other laugh.gif, i know everyone want to earn the most they can get, but just don't be too greedy tongue.gif.

like all the people advising, don't go for short term, hmm but they don't guarantee long term also profit la. sweat.gif






Alexdino
post Sep 8 2011, 11:29 AM

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QUOTE(prophetjul @ Sep 8 2011, 11:22 AM)
Easier said than done.

You would only stay in an investment when its taken a dive provided you know
WHY you are invested in it and not a sheeple who wants to stowaway on the boat.........  biggrin.gif
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thumbup.gif notworthy.gif

but can put it in layman language? sad.gif
Alexdino
post Sep 8 2011, 11:37 AM

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QUOTE(prophetjul @ Sep 8 2011, 11:32 AM)
Know WHY you are buying gold..........Funda-mental    biggrin.gif
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thumbup.gif ok nod.gif
Alexdino
post Sep 8 2011, 01:01 PM

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QUOTE(monsta2011 @ Sep 8 2011, 12:29 PM)
should be alright as long as they dont put all their blood $$ in one basket.
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yes smile.gif never put all your $$$ in one basket.
Alexdino
post Sep 8 2011, 01:15 PM

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QUOTE(kueyteowlou @ Sep 8 2011, 01:09 PM)
but then now..  so volatile.. and 2 waves already... 3rd wave coming soon... gold has become more speculative now....
nod.gif
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sweat.gif yalor.. you see the graph, you dont even have any ideas what will come next.

wait for European and US market to open then.
Alexdino
post Sep 10 2011, 09:30 PM

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QUOTE(wongmunkeong @ Sep 10 2011, 05:46 PM)
just doing small scale water sustainability (rain-water harvesting & solar boiling
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off-topic: rain water harvesting and solar is it worth even to consider in Malaysia? you are targeting for GBI? or reselling the solar generated $$ back to TNB?
Alexdino
post Sep 10 2011, 10:51 PM

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QUOTE(hongchai888 @ Sep 10 2011, 10:10 PM)
No chance to buy at USD1855.15 on Monday, price will increase as soon as Australia and Hong Kong market open , which ahead of Malaysia . When the time we want to buy, already increase dont know how many % rclxub.gif
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it is not sure that it will increase, it might decrease.
Alexdino
post Sep 14 2011, 10:47 AM

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QUOTE(hongchai888 @ Sep 14 2011, 10:37 AM)
Cannot lah, UOB only buy for 181.30, still rugi 20cents per gm tongue.gif
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rm182 now per gram, since USD strengthen the price will up even gold price still the same.
Alexdino
post Sep 14 2011, 09:29 PM

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QUOTE(keii-kun @ Sep 14 2011, 06:45 AM)
same as greece, portugal and italy. us also like to use other people's money to bail themselves out.
greece has a significant amount of gold, italy is the top 5 gold reserve based on World Gold Council stats. but they hold to their gold, and kept selling treasury bond to bail themselves rather than selling off their gold. Y? if they sell out the gold, they'll lose everything.

recently few EU members are already requesting those country requiring bail-out to put their gold as collateral , but greece n italy refuse to and keep on selling their bonds. and greece bonds already hitting 135% yield!
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i heard that greece news become worsen now.. ohmy.gif no idea will it help gold to go up or burst it to go down... EU market and US market seem to be totaly opposite.. rclxub.gif

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