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

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monsta2011
post Aug 27 2011, 04:47 PM

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what's with me i'm getting less and less tempted with gold these days sweat.gif
monsta2011
post Aug 28 2011, 02:02 PM

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QUOTE(eXTaTine @ Aug 28 2011, 10:25 AM)
The lowest spread for Gold investment account is actually at UOB singapore, negligible spread, but with maintainance fee or 0.25% per annum


Added on August 28, 2011, 10:54 amYou'll have to make a trip down south but it's worth it if you have enough capital to invest
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How low is the spread?
monsta2011
post Aug 29 2011, 02:57 PM

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QUOTE(buysell @ Aug 29 2011, 01:04 PM)
Too high, better wait after Raya possible it will decrease back to 17xx
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and your reason for the possible decrease is?
monsta2011
post Aug 29 2011, 04:24 PM

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QUOTE(kevyeoh @ Aug 29 2011, 04:21 PM)
public bank gold spread damn high... selling like RM178 and buying 170 only...wooot !!! time to change to UOB...
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Go down south to Singapore UOB if you can, as someone said, the spread is only 10c Sing dollar. Haha.
monsta2011
post Aug 29 2011, 04:48 PM

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QUOTE(buysell @ Aug 29 2011, 04:42 PM)
What so low? 10c! Why our country bank so bad! Cut our throat!
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Just for the Gold Savings account. It was $69.71 sell and $69.61 buy yesterday. What a deal.
monsta2011
post Aug 29 2011, 06:34 PM

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QUOTE(khun_khun @ Aug 29 2011, 04:54 PM)
any of u selling Perth Mint gold bar?

either 5,10 or 20grams is ok for me.
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Just say how much you are willing to pay for each. smile.gif
monsta2011
post Aug 29 2011, 06:57 PM

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QUOTE(wschoo26 @ Aug 29 2011, 06:43 PM)
Talk about gold investment, lately , i was approached by some people to buy gold bar. But strange enuf, they tell me i can become business associate to sell the gold bar if i dont plan to invest physical gold bar. Then i look at the plan, looks like mlm , but their product is gold bar. He even showed me his physical gold bar to me . He said, once i invest in the scheme , his company will issue physical gold bar to me for keeping. He showed photocopy of his compnay registration licence to show his company is legal and told me a lot dato's also invested in it.
Anyone heard of it? Another scam in the lurking?
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Geneva? How to know whether it's a scam when u didnt tell us the name of the company.
monsta2011
post Aug 29 2011, 08:16 PM

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QUOTE(kevyeoh @ Aug 29 2011, 08:08 PM)
need to make siginificant investment only worth it...or else the trip down Singapore already cost a lot...
not cheap !!!
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Yaba of course. Those who often travel to Sg or live in JB can try UOB Sg.
monsta2011
post Aug 29 2011, 09:47 PM

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QUOTE(trencher10 @ Aug 29 2011, 09:40 PM)
Gold spot has dropped down the 1800 USD mark again. Will it drop down to 100-day MA? Or at least hold below 1800 USD? Let's see!
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1790 haha
monsta2011
post Aug 31 2011, 05:53 PM

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People are just overpanicking. The price needs to drop. rolleyes.gif
monsta2011
post Sep 2 2011, 03:25 PM

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QUOTE(wongmunkeong @ Sep 2 2011, 03:17 PM)
Hey bro, "nearly" everything goes up overall with lar, it's called inflation tongue.gif

Hhehe - okok on a more serious note, one may not be too gung ho if one bought pre 1999, stressed or gave up until 2003 gua  brows.gif
Those that slept on it then good lar
[attachmentid=2415523]
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Inflation adjusted graph looks super different ler, pity those who bought in 1980 just before the bubble burst biggrin.gif
Attached Image
monsta2011
post Sep 2 2011, 04:37 PM

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QUOTE(wongmunkeong @ Sep 2 2011, 04:18 PM)
"similar" lar bro - chased high then plonked down... heheh

And the chase continues  brows.gif
Control... control.. (ie. my backside itchy also for gold but as a value buyer kinda fler, cannot scratch lar..)
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Gold bubble v2 perhaps but I think this one could be 2x / 3x / 10x bigger than v1 biggrin.gif You can just put siki sikit of your wealth and play along before it bursts again laugh.gif
monsta2011
post Sep 2 2011, 05:43 PM

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QUOTE(wongmunkeong @ Sep 2 2011, 05:28 PM)
i chicken shit lar <cluck> <cluck>
visions of feathers all over the floor when (not IF) i get hit  tongue.gif
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Sorry I have problem decoding your language sweat.gif U mean it's dangerous to touch gold now?
monsta2011
post Sep 2 2011, 09:38 PM

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QUOTE(buysell @ Sep 2 2011, 08:44 PM)
Hoi, apa ni cool water kasi tuang sini! bruce.gif Be patient ph34r.gif
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Too fast and furious not good ler, like 2 weeks ago. COMEX increases the margin everytime the price hikes.
monsta2011
post Sep 2 2011, 10:02 PM

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QUOTE(hongchai888 @ Sep 2 2011, 09:56 PM)
Will it go around 2050 today?
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How can? It needs to break the 1900 mark first
monsta2011
post Sep 2 2011, 10:11 PM

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QUOTE(hongchai888 @ Sep 2 2011, 10:05 PM)
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
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Go the opposite way brows.gif buy some blue chip stocks when gold price increases. Do the reverse when gold price decreases.
monsta2011
post Sep 3 2011, 11:55 PM

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QUOTE(hongchai888 @ Sep 3 2011, 04:42 PM)
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.
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You're captivated by her beauty ah biggrin.gif ?
monsta2011
post Sep 4 2011, 12:16 AM

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QUOTE(bigwolf @ Sep 4 2011, 12:09 AM)
I heard Citibank girls are drop-dead gorgeous wor. Killer 'pun lap' n miniskirts biggrin.gif
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Oi, what kind of dress code is that for bankers? Anyway, seeing is believing. u go check them out yourself on Monday la. Pulak pulak open a gold account there LOL
monsta2011
post Sep 4 2011, 01:00 AM

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QUOTE(chengcheng @ Sep 4 2011, 12:54 AM)
Prices of Bunga Raya in Poh Kong is now RM 208 per gram.

So so so expensive...

Is there still room to go up?

  unsure.gif  unsure.gif
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Aiya dont buy from Poh Kong la. biggrin.gif

Added on September 4, 2011, 1:02 am
QUOTE(bigwolf @ Sep 4 2011, 12:29 AM)
ok some correction is needed. I once worked in Citibank for a short time and I can tell you it's true. Just go to Menara Citibank n stand around the smoking areas (facing Nikko hotel) n feast your eyes  drool.gif
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You should have stayed there LOL. I prefer to see handsomebois wub.gif

This post has been edited by monsta2011: Sep 4 2011, 01:09 AM
monsta2011
post Sep 5 2011, 11:24 PM

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QUOTE(hongchai888 @ Sep 5 2011, 10:36 PM)
Well I give up on this. The price keep raising like siao. Better invest on unit trust.
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Waiting for the best price to buy again makes me yawn.gif also.

QUOTE(chengcheng @ Sep 5 2011, 11:07 PM)
mad.gif  mad.gif

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

Pray it cross the $ 1900 mark...

thumbup.gif  thumbup.gif
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2 more dollars, Bro.

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