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

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OneBuck
post Sep 5 2011, 11:37 AM

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QUOTE(prophetjul @ Sep 5 2011, 10:11 AM)
What do you mean 'open' market?

Just advertise any where?  Like ebay, mudah, etc?  biggrin.gif
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When i bought Kijang, i did ask the officer about sell back. She mention we doesn't required to bring anything, except the Kijang. duh tongue.gif

But asking and actual selling is two different thing.

Btw, i still keep my receipt.
OneBuck
post Sep 5 2011, 11:43 AM

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QUOTE(prophetjul @ Sep 5 2011, 11:40 AM)
Yes

thats what they told me. i guess they have some testing equipment.

If they refuse them i will bring them to bank negara!  biggrin.gif
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Bro, now wanted to gain profit from your gold?

Congratulation.
OneBuck
post Sep 19 2011, 05:29 PM

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QUOTE(trencher10 @ Sep 19 2011, 05:26 PM)
You know, I wonder why we can't use gold as capital for investment in general market devices, WITHOUT converting it to fiat currency.
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because you cannot manipulate gold compared to fiat? wink.gif
OneBuck
post Sep 21 2011, 10:19 AM

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QUOTE(bigwolf @ Sep 21 2011, 09:39 AM)
$100 daily swings? By then I'm already out. Risk appetite not that great  laugh.gif

2008 was a bad year for gold, but I was looking from 2001 until now. If someone invested gold in 2001, he would still be earning at 2008  rclxms.gif
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I am the one who bought at 2008, 15/5/2008 to be precise. Knocking my head for several months and nobody were talking about gold at that time.
I am a very-very-very conservative investor, so you might imagine how I feel that time.

But today, if I give you 10k, can you bring me back to that year?

Investing in gold, based in my experience, monitoring hourly chart is really not good for your health.
OneBuck
post Sep 21 2011, 11:57 AM

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QUOTE(bigwolf @ Sep 21 2011, 11:17 AM)
I believe you had sleepless nights all the way until November 08?  laugh.gif
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QUOTE(GoldChan @ Sep 21 2011, 11:35 AM)
yah! I got sleepless nite in 2008 when I brought at USD1000+ RM3200+ in Mar 2008 and it drop to USD700+. RM2700++ . in August 2008
RM500/oz differences.  few months holding paper lost.

after that, it recovers to RM3500+ I sold off quite a bit then price blump2 goes up to 4K.
vmad.gif
that time don;t know how to see technical.

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QUOTE(prophetjul @ Sep 21 2011, 11:38 AM)
Should have read the Fundamentals..........  biggrin.gif
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I bought 7oz Kijang, and that is my first investment after reading about fundamental in 2 years. Yes I have sleepless night because of bagging my head constantly.

Until today, the fundamental is still the same. In order Obama to maintain the current status quo, he has to print more money and if he decide to stop, current debt structure will collapse. Either way, gold will win.
OneBuck
post Sep 23 2011, 10:49 AM

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At maybank main now. Currently no stock for 1oz and 1/2oz.
price and spread for 1/4 oz is too high for me
OneBuck
post Sep 26 2011, 02:48 PM

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And another miracle happen. I cannot log in to Public Gold website....!

Every seller is now panicking... phew..phew...phew... tongue.gif

This is the reality guys, when they make money, they allow you to buy, but when there losing, they simply close shop. doh.gif

This post has been edited by OneBuck: Sep 26 2011, 02:50 PM
OneBuck
post Sep 26 2011, 02:57 PM

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QUOTE(kevyeoh @ Sep 26 2011, 02:50 PM)
can...i manage to sell...

works for me...
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Through phone or website?

Maybe their server in overloded.

Silver or gold? argghhhhh.... choice during sales sometime create headache.... tongue.gif
OneBuck
post Sep 27 2011, 11:36 AM

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QUOTE(prophetjul @ Sep 27 2011, 11:26 AM)
This cut loss thingy is gonna cost these sheeple aplenty....

The moves in gold will cost these type plenty in that they will be WILD and  rclxub.gif

These type are gonna be attracted when the price runs up, buying high and

SELLING on the low violent swings calling this CUT LOSS..

Well you are going to be forever doing that!
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the other bombastic words they are using for opposite are "dollar cost averaging" tongue.gif
OneBuck
post Sep 30 2011, 02:58 PM

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For physical freak, no kijang stock at Main, Seremban dan Malacca except quarter oz
OneBuck
post Oct 5 2011, 09:43 AM

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QUOTE(vincentwmh @ Oct 5 2011, 09:19 AM)
i'm still waiting for d day it touches 1530... rclxm9.gif  brows.gif
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For the past of 2 weeks, it seems that in the morning the price will increase and at night price will drop.

Signing that eastern is buying and western is dumping? hmm.gif

OneBuck
post Oct 5 2011, 05:14 PM

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Gold and silver are currently free falling...

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