Prices of Bunga Raya in Poh Kong is now RM 208 per gram.

So so so expensive...

Is there still room to go up?

Gold price up 56 on Friday.
Interesting to see market open tomorrow..

So frustrating... Gold price seems to have problems breaking the $1900 mark..

Pray it cross the $ 1900 mark...

Wow! Hope it doesn't go up too fast; slow and steady is better...

Building up... and crossing the $ 1900 mark... smoothly....

Fgjam just increase pure gold price to RM 216 per gram.

Will the world bank be able to do something similar to gold?

I wonder what happened if there's a fall out where the other European countries do not want to help the PIIGS??

Will gold rise to heaven again?

Seems that the resistance line above $ 1900 is really strong.

Need a really bad news to break it thru.

Any in the horizon?

Prices has broke the $ 1820... does it mean it will go down further?

Or is this the end of the bull run?

Sorry... I see wrongly. Price is now at $ 1837 not 1820.

Phews!

Sorry...

I think that since the Swiss franc has been pegged, the future or prospect of gold is even better.

Now the only safe heaven is gold.

But can any government rule the prices of gold or it depends on the supply and demand?

OMG!!!

Gold is dropping like shit....

Why bad for gold?

Gold will rise leh???

Aduh... Who is this guy in the YouTube???

Is he a crook or gangster? Maybe people cannot trust him or he has a bad record of cheating and that is why people don't buy from him.

Gold is gold... Unless the person who is selling.. Got problems!

I pity him... Seems that no one trust him.

Imagine Poh Kong or Tomei selling it at US$ 50 for 1 oz... I think the polis have to call the troops like in Bersih to control the crowd!!!!!!

Agree???



This post has been edited by chengcheng: Sep 11 2011, 06:01 PM

Is it possible to have inflation and recession happening at the same time?

From my understanding, inflation happens when there's lots of money chasing a product but in recession is that possible when money is tight?

Seems that the world banks is suppressing the gold prices. Maybe to make it cheaper for them to buy?

Do you think that if they are using it to clear their debt will they push DOWN the prices or push UP?

I think they will push UP UP UP so they can use less of the reserves to clear it.
besides, I don't think anyone has audited the reserves before....

So I have impression... US don't have as much gold as the declared.

My 2 sens worth lo...

RM 90? wow....

That's 100% in less than 2 years...

As advise by many investors here... GOLD is for long term.

If we want quick money... Gold is not suitable.

hehhehehh..

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

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

Gold prices back to $1800 Liao...

Sigh... But happy!!!

Wow.. DJ is down and gold is also dropping.

Strange.. Or is it because Fed is not printing more money??