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

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post Sep 16 2011, 01:49 PM

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I only plan to buy below RM 170 / g . Is it possible ?

Initially, got intention to buy when the price is RM 156. But, that time, felt it is expensive .... Now doh.gif
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post Sep 16 2011, 05:43 PM

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QUOTE(o0o0 @ Sep 16 2011, 05:21 PM)
later US market opened, maybe price will drop again...
US investors are selling their gold like crazy yesterday....
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how to u know a lot of them are selling gold ?
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post Sep 27 2011, 11:10 PM

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QUOTE(buysell @ Sep 27 2011, 09:45 PM)
Gold one day up next day steep dip for over 4 week now. Don't buy gold if you think you could make some fast money here. There's no 100% accurate chart or guarrantee gold will not fall to 12xx in this two week. Look like it going to dip again very soon. hmm.gif
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Why u think it will DIP again ?
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post Sep 28 2011, 02:39 PM

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If the price really DROP to $1100 - 1200, WALAO !?

Most of the forumers here bought at $ 1800+ time .... (RM 178 - 180/g) time....

Wait how many years lo to climb back to $ 1850 ?
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post Sep 29 2011, 08:05 PM

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QUOTE(Quinn @ Sep 29 2011, 03:04 PM)
You say not to rely but u don't put any supporting statements. I'm also disappointed with you. You can have the whole show to yourself.  wub.gif
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Quinn, can I personally ask ur opinion ?
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post Oct 2 2011, 04:16 PM

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This thread is slowing down after price drop...
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post Oct 5 2011, 10:52 AM

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QUOTE(cybermaster98 @ Oct 5 2011, 10:08 AM)
As expected, gold now trading at 1,621. MBB price at RM 170.27 compared to RM 175.73 yesterday. The roller coaster will continue. Hopefully we'll see lower prices on next Monday after Najib's Budget announcement this Friday. The Ringgit should rise a bit against the Dollar so that would mean lower gold prices (if world prices dont increase).
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Make sense notworthy.gif
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post Oct 5 2011, 07:02 PM

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QUOTE(buysell @ Oct 5 2011, 11:20 AM)
LOL normal loh, now US people worried about their economy so they see gold up a bit, they quick quick sell it off to cover their stock mah.
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If like that , gold price will drop more le.... shocking.gif
Especially they sold hold bit by bit...

Since the stock market can't recover soon...
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post Oct 8 2011, 08:04 AM

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I plan to buy gold on Monday.

Hopefully, the price can be BELOW RM 165.

If better still, below RM 160. blush.gif
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post Oct 9 2011, 12:58 AM

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In his book Basic Economics, Thomas Sowell[62] argued that, in the long-term, gold does not hold its value compared to stocks and bonds:

To take an extreme example, while a dollar invested in bonds in 1801 would be worth nearly a thousand dollars by 1998, a dollar invested in stocks that same year would be worth more than half a million dollars. All this is in real terms, taking inflation into account. Meanwhile, a dollar invested in gold in 1801 would by 1998 be worth just 78 cents.
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post Oct 10 2011, 05:21 PM

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QUOTE(hongchai888 @ Oct 10 2011, 04:57 PM)
Hope gold will up some more and USD up a bit also, then tomorrow I will proceed to sell, start to earn my first 3% this month
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Ur bank is beside ur house ?
U invest BIG SUM ?

I only aim for 15%, I think many of us here aim more more le... notworthy.gif
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post Oct 10 2011, 11:39 PM

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I bought RM 169.20 UOB notworthy.gif
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post Oct 11 2011, 10:27 PM

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QUOTE(buysell @ Oct 11 2011, 05:50 PM)
It does break the resistance today USD1682/1oz but it drop back to 1661 now, not going up 17xx. hmm.gif Ichimoku chart accurate?
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Chart is just best estimation, nothing is 100% accurate....
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post Oct 19 2011, 06:20 AM

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QUOTE(eXTaTine @ Oct 19 2011, 01:37 AM)
1630 was an area of support/resistance, one of the support points in Gold when it plummeted last month, also served as a resistance when Gold recovered from 1535 at the low. Also based on the movement of Gold the last couple of weeks...the trading range was always less than 50 dollars...so at around that point you would expect a rebound...
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u trade huge $$.

so little bit difference, also can earn so much...

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post Oct 26 2011, 12:34 AM

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breaking 1700............ smile.gif rclxms.gif
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post Oct 26 2011, 09:28 AM

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QUOTE(sidanos @ Oct 26 2011, 08:41 AM)
What happen ah? No news, then suddenly shot up like that?
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EU crisis discussion was cancelled.


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post Nov 4 2011, 06:24 AM

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QUOTE(zaizu @ Nov 4 2011, 12:52 AM)
Its like kena loteri. hmm.gif
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post Nov 4 2011, 02:13 PM

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QUOTE(rayng18 @ Nov 4 2011, 11:24 AM)
Still holding tight bot with CIMB averaging RM151/g now the rate is 179/174
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When u bought it ?
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post Nov 8 2011, 10:04 AM

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Comex Gold Higher On Safe-Haven Demand As Italy Now In The EU Debt Crisis Spotlight.

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post Nov 8 2011, 03:07 PM

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QUOTE(buysell @ Nov 8 2011, 02:14 PM)
Nah, want to go holiday this month so withdraw my first virgin profit 6k out from gold investment to enjoy my free trip then wait for it to drop a little bit then only buy again. smile.gif
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Wow, u earn 6K. I guess u are investing 60K or more previously ?

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