thank you mbj78, keii-kun dan Francesco Top8 for sharing.

Did you all attend any seminar b4? if yes, which one/s?

as a newbie, i'm attending 2 weeks from now organised by a rempit group.

basicly I only know simple techniques which are straight forward. actually i'm just curious to know how other techniques work.

i disagree with some people taking advantage by charging thousands RM just to learn a few techniques. I inquired once for personal coaching is 2K.

just to test one simple method, next week i may want to go to bank rakyat and ar-rahnu a gold bracelet. then with the cash i'll just top up into my gold account and wait till end of the year (around 4 months).

we'll see what happens by then 

for d ar-rahnu scheme, what happen if in d next 6 months, u cant get d money to pay back the loan u borrow. d gold will become bank property?

aah, lelong? now where i cna find out d time and location for all those lelong golds? they publish it on newspaper like property auctions?

2 big waves...

are you ready for another wave?

or you will just wait until it stables..

i sold all of mine @ 1916usd.. and go into stock market..

since stock market are in dip now.. so i choose to go in stock..

roller coaster for gold is dangerous.. i don't like.. hehee..

I was wondering.. What happens if a country default a payment?

Example if Greek cannot pays when the bond due? What can China do?
 

Should make separate threads of "Is it time to BUY GOLD now", and "Is it time to SELL GOLD now". And let the technical analyses, sentiment talk and general discussion concentrate here.

I got 1oz Kijang emas.. willing to sell at RM9500 (since i know gold price is being manipulated)....

later US market opened, maybe price will drop again...
US investors are selling their gold like crazy yesterday....

hehehe...the gen** product promoter have been deleted~~

While my long term goal is to accumulate precious metal, right now I need to speculate a bit to raise the capital required to buy more of them in future ler 

Correct me if I'm wrong, for I'm just thinking my own thoughts here, but I'm kinda worried about the China factor coz it has everything to go for it if it pumps in capital to save europe:

1. The costs of bailing out europe is offset by lowered costs of gold (IF China is really accumulating gold as some speculated)
2. Europe does not goes into recession, which means demand for China goods does not drop

true or false???

This time it will drop atleast 50% Don't buy gold in this two month! You have been warn!

Me too.

Well, if you read the earlier post fews days back. It's he who flame me first. I never wish to argue with anyone here but if you think he's your god of ichimoku chart go worship him. When you lose money you don't come blame him or me.

He started to flame and busy body on my comment on other earlier with ( ) <--- showing this rude face. Is this very polite? Oh, I get it! What a wonderful world. So now I ask him to leave me alone, and I leave him alone, no fair?

the price flat around 16xx region... personally i'm not sure which direction it's heading... so just sit at the sideline and look see look see...

are the rumours still relevant?? the price seems qu ite stable currently, its has been few days where the price is on the 1600++

i think nothing is sure in this world and even if that person tells you it's safe, will it really mean anything? no one knows in future what will happen...it might drop, the price might be stable flat...or it might rush up again...

u mean u guys actually queue up at the banks to buy/sell gold ah? oh man!! Have u all calculate the productive time spent, petrol, parking, stress & most off all, cost of funds .....

and i believe not everybody wld dump RM20K into gold jst to earn that RM500

lastly, isnt RM7 /gm spread too expensive? I pay only USD0.50 spread to buy 1oz of gold... if I may calculate :

RM7 / 3 = USD2.33
USD2.33 x 28gm = USD65/oz

imagine i pay only USD0.50/oz (the banks too) and u guys pay USD65 spread...The banks wld laugh when u buy gold from them!!

Lastly, there is such a thing called leverage... to buy 1oz of gold, i dont need USD1740 ... only USD4 margin is needed....
....... trade smart.... invest smart.... dont let the banks laugh