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

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Godek
post Sep 27 2011, 08:58 PM

On my way
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Senior Member
543 posts

Joined: Nov 2005
From: Shah Alam



Hi,

I got some question to ask, as I want to diversify my investment portfolio to invest/buy Gold with budget of 20k.

1. Want to ask which one better bank gold account or physical gold ?

2. Which place is best to buy Physical Gold ?

3. Which bank gold account is the best ?

4. What type of physical gold it the best ? (PAMP, Kijang, PG or others)

5. Its suitable to buy Silver at this moment ?

6. Last & not least, any comment on Public Gold (PG), its trustworthy ?




Godek
post Sep 28 2011, 01:23 AM

On my way
****
Senior Member
543 posts

Joined: Nov 2005
From: Shah Alam



Hi,

I got some question to ask, as I want to diversify my investment portfolio to invest/buy Gold with budget of 20k.

1. Want to ask which one better bank gold account or physical gold ?

2. Which place is best to buy Physical Gold ?

3. Which bank gold account is the best ?

4. What type of physical gold it the best ? (PAMP, Kijang, PG or others)

5. Its suitable to buy Silver at this moment ?

6. Last & not least, any comment on Public Gold (PG), its trustworthy ?
Godek
post Oct 4 2011, 10:52 PM

On my way
****
Senior Member
543 posts

Joined: Nov 2005
From: Shah Alam



Start with my 18G Gold investment with Kuwait Finance House. Got physical like this:

Attached Image

For this Kuwait Finance House investment:
1. Buy at RM175.94
2. Expected Sell at RM210 (20%) from today till October 2012.
3. Or come to worst at RM194 (10%), or just wait till price is right tongue.gif

Also will bought another 100gm in physical to pawn it, then money get will open another account at UOB (20gm), CIMB (10gm) and Public Bank (10gm). Balance money will buy physical gold and pawn, repeat till no more money to spend on gold.

Total budget: +- RM20k

Feel free to give comment, as I am newcomer hehe

This post has been edited by Godek: Oct 4 2011, 10:53 PM
Godek
post Oct 5 2011, 06:33 AM

On my way
****
Senior Member
543 posts

Joined: Nov 2005
From: Shah Alam



QUOTE(isone @ Oct 5 2011, 12:49 AM)
You bought it recently? It seems KFH introduce new certificate packaging..I bought last April if not mistaken.
BTW, you keep the KFH gold by yourself or let it be in the bank? Bcos once you withdraw, the bank will not keep it for you anymore if you want to return; they only accept buying back
*
Yup I kept 16g, other 2g with bank. Yes this is new packaging. A lot better than previous version, this one more quality & thick packaging.

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