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

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hongchai888
post Aug 29 2011, 10:23 PM

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Oh no 1779, maybe affect by yesterday MU 8-2 ARS
hongchai888
post Aug 30 2011, 07:16 PM

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QUOTE(buysell @ Aug 30 2011, 07:03 PM)
1 oz now 1793 as expected to decrease on and after Raya. It should be a good time to invest by next week hmm.gif
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Hope will hit 1700 on Friday, then invest gao gao.
hongchai888
post Aug 30 2011, 09:21 PM

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QUOTE(lustman @ Aug 30 2011, 08:39 PM)
sey lor, up again and all banks are closed  cry.gif
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Chk back on Friday lah, now up until 2000 also no use. Unless u trade online with PBB
hongchai888
post Aug 31 2011, 10:21 PM

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QUOTE(eXTaTine @ Aug 31 2011, 08:02 PM)
Any drop will be limited, as there is no real good news in the economy that can possibly bring a long term correction
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Drop below 1820 now, how come?

Added on August 31, 2011, 10:22 pm
QUOTE(eXTaTine @ Aug 31 2011, 08:02 PM)
Any drop will be limited, as there is no real good news in the economy that can possibly bring a long term correction
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Drop below 1820 now, how come?

This post has been edited by hongchai888: Aug 31 2011, 10:22 PM
hongchai888
post Sep 1 2011, 08:39 PM

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From Monday until now the price up and down between 1790 - 1830.... Nothing special
hongchai888
post Sep 2 2011, 07:12 PM

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Will the price drop to 1750 like that since its keep raising now doh.gif
hongchai888
post Sep 2 2011, 08:23 PM

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QUOTE(kueyteowlou @ Sep 2 2011, 08:16 PM)
nod.gif these few days.. gold had been stable...

hmm.gif hmm.. maybe the support level now is 1800usd
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Oh no it seem going to hit 1900 today
hongchai888
post Sep 2 2011, 09:56 PM

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Will it go around 2050 today?
hongchai888
post Sep 2 2011, 10:05 PM

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QUOTE(monsta2011 @ Sep 2 2011, 10:02 PM)
How can? It needs to break the 1900 mark first
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I already missed the opportunity to buy on 23 August, now saw it keep raising really feel cry.gif ....

But I heard it will drop, but how come it raise like helicopter today
hongchai888
post Sep 3 2011, 04:42 PM

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QUOTE(Disagree @ Sep 2 2011, 10:26 PM)
Yupz.. their system sucks, but price is very gud  nod.gif
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I like the UOB branch that located at Pudu. U can look for Ms.Karen , she will explain good for you. Important is lenglui hohoho.
hongchai888
post Sep 4 2011, 01:30 PM

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QUOTE(bigwolf @ Sep 4 2011, 01:14 AM)
Me ugly wolf. You'd run & cry for mummy if you see me

Ya, don't buy from Poh Kong. Buy from UOB better:

http://www1.uob.com.my/personal/useful/price_rates.html

It's only about RM183 per gm (1oz rounds). You can also see their buy/sell difference is only about 3.25%
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On 22 August only 169. I really did not feel its a good time to buy at such high rates. Correct me if I am wrong. Lets see what happen on Monday.
hongchai888
post Sep 5 2011, 10:36 PM

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Well I give up on this. The price keep raising like siao. Better invest on unit trust.
hongchai888
post Sep 6 2011, 01:51 PM

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maybe can reach 3000 this week if keep raising like this

This post has been edited by hongchai888: Sep 6 2011, 01:51 PM
hongchai888
post Sep 6 2011, 05:26 PM

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when will the price up till 1950? It keep up and down between 1850-1900, feel no point to buy now.
hongchai888
post Sep 7 2011, 07:46 AM

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QUOTE(pisces88 @ Sep 7 2011, 01:13 AM)
newbie here, which bank is best recommended for paper gold investment?
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UOB perhaps, they buy back with higher rates

This post has been edited by hongchai888: Sep 7 2011, 07:46 AM
hongchai888
post Sep 7 2011, 09:22 AM

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QUOTE(prophetjul @ Sep 7 2011, 08:00 AM)
There were TWO safe havens......Swiss Francs and Gold..............now theres one left
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Maybe no one left after Europe market open today, who know
hongchai888
post Sep 7 2011, 10:42 AM

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QUOTE(noobandroid @ Sep 7 2011, 09:58 AM)
thats why im waiting for an answer, go or no go
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That a tricky answer that have to be found by yourself. Rates for UOB today 181.60, tomorrow maybe 17+ or 19+. No one know.

But I smell something coming soon
hongchai888
post Sep 7 2011, 01:25 PM

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QUOTE(monsta2011 @ Sep 7 2011, 12:40 PM)
$1843 rclxms.gif Little bullish balloon always bursts after a quick hike.
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Gentleman, start your engine
hongchai888
post Sep 7 2011, 01:43 PM

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Drop below 1840 before European market open,take care everybody. 1839 now
hongchai888
post Sep 7 2011, 03:12 PM

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This thread become tremendously active whenever the gold price was dropped.

I suggest wait until tomorrow, feel the price will drop further

http://www.annuitynewsjournal.com/red-flag...ld-prices-drop/
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