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

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personaforever6789
post Sep 26 2011, 05:22 PM

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guys,wanna ask is it good time to buy gold now? saw at uob now rm 166..last 2 or 3 weeks it was rm182 rite?

is it good to buy now?
personaforever6789
post Sep 26 2011, 05:47 PM

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means that online price is not up to date?btw,is it good time to buy now?
personaforever6789
post Oct 14 2011, 03:24 PM

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QUOTE(Alexdino @ Oct 14 2011, 03:11 PM)
4-5 years?  so long ah?  hmm.gif 1-2 years enough lor..haha
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1-2 years can get a lot a?if the trend is like this..planning to invest but dunno whether its a gud time or not..been watching for a month but the change is very little
personaforever6789
post Oct 19 2011, 01:41 PM

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juz pumped in some amount of gold in UOB biggrin.gif
personaforever6789
post Oct 19 2011, 03:31 PM

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yup..time to buy n top up..
personaforever6789
post Oct 26 2011, 12:17 PM

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good news if keep going up biggrin.gif
personaforever6789
post Oct 26 2011, 01:33 PM

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QUOTE(junhaussen @ Oct 26 2011, 01:05 PM)
Gold Set Strong, ahead EU summit
Gold prices bounced above $1,700 an ounce on Tuesday, seems investors moving into safety, back to gold on the doubt concerns of European leaders will consent on a plan to end the crisis in the euro zone debt at a summit later in the day.
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what is expected to happen after the EU summit..price will increase or go down?
personaforever6789
post Oct 26 2011, 02:11 PM

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QUOTE(potenza10 @ Oct 26 2011, 01:44 PM)
Start now before regret..
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start buying or start selling?
sory for very3 noob ques
personaforever6789
post Oct 26 2011, 09:19 PM

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QUOTE(potenza10 @ Oct 26 2011, 08:41 PM)
Start buying...i mean physical gold.Consider it's long term investment.When u read all those old posts, u will regret to see the price.Now, its difficult to get that price anymore.

Just bought 1/4 oz Kijang Emas at RM1421..when i saw the price around Jan/Feb this year, couldnt help la what to say rclxub.gif
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o..tq for the reply..btw,what is the benefit of physical gold compared to the one we invest in GSA?
personaforever6789
post Oct 26 2011, 11:38 PM

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QUOTE(eXTaTine @ Oct 26 2011, 10:04 PM)
Gold is flying!!
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+1
personaforever6789
post Oct 27 2011, 09:50 AM

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UOB bank buying 174...hehe
personaforever6789
post Oct 27 2011, 10:46 AM

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QUOTE(sidanos @ Oct 27 2011, 10:43 AM)
Should have bought with PBB last time, easier to buy/sell online instead have to go to bank to do any transactions.
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easier for on9 but spread very high spread liao

This post has been edited by iamtheone2020: Oct 27 2011, 10:56 AM
personaforever6789
post Oct 27 2011, 11:04 AM

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QUOTE(echoesian @ Oct 27 2011, 11:02 AM)
What is the PBB online spread?
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according to PBE website,its aorund rm7 while uob is rm2
correct me if i'm wrong
personaforever6789
post Oct 27 2011, 11:15 AM

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QUOTE(wildhawk @ Oct 27 2011, 11:12 AM)
Newbie here...what about buying 999.9 gold from Genneva Sdn Bhd, along with it's interest (hibah)?
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KUALA LUMPUR: Three directors and a former director of the gold investment companies charged in the Sessions Court here yesterday at as 796 t uduhan involved with money laundering, two years ago. Ng Poh Weng, 60; Marcus Yuen Yee Seng, 58; Chin Wai Leong, 34, and Liew Chee Wah, 56, however, pleaded not guilty to all charges read out in Mandarin before Judge Rozana Ali Yusuff. According to the charge, Ng as Director Genneva Sdn Bhd was charged with 263 counts to be directly involved in money laundering transactions by issuing a check amounting to RM185, 146,000 in the Public Bank Berhad branches KL City Main Office Public Bank Tower Ground Floor, 146, Jalan Ampang between June 10, 2008 until July 27, 2009.

While Marcus at the same location are charged with 234 counts of the same membabit myself directly in money laundering transactions amounted to RM153, 324.636 incurred between July 20, 2007 until July 20, 2009.
Chin was charged with 210 counts for the same offense by being involved in money laundering activities amounting to RM212, 992,466.50 at the same address between June 10, 2008 until December 6, 2009. Liew, who is also a former director of the company to appear in court with 89 counts of the same transaction involving RM31, 332,757.80 in the same location between July 20, 2007 until February 3, 2009.

All were charged with committing an offense under Section 4 (1) Akt a Anti-Money Laundering and Counter Terrorism Financing Act 2001 read with Section 87 (1) (a) of the same. Earlier, Deputy Public Prosecutor Mohd Haziq Razali told the court, the offense committed four of the accused can not be guaranteed because of a serious offense involving a high number.

(Gold Investment Scheme which supposedly gives the remuneration of 1.5% per month bowed out, before they use the name ETHICS OF GOLD, Ocean, and the recent Geneva. Therefore, before you engage in a Gold Investment Scheme to build buzz bonus every month, consider first the company's background, check the status of the Central Bank. It is because, this is RICH QUICK SCHEME! Investors buy gold only WITHOUT RECEIVING IN PHYSICAL GOLD! invest money, GOLD IS NOT OBTAINED. When this case occurs, investors lose money. Money is expected cope uk invested finally disappear overnight. Public Gold Sarawak previously have sent an email to the following Bank's Gold Investment Scheme this issue. Please refer to: http://www.publicgoldsarawak.com/wordpress...8/31/re-samudra -gv-mass-dikuching-
sarawak /)


this is what i get about geneva
personaforever6789
post Oct 27 2011, 11:52 AM

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QUOTE(buysell @ Oct 27 2011, 11:36 AM)
Have you use PBB online gold transaction? doh.gif If you dont know, then dont said very high.
PBB online gold transaction spread are lower than the listed price on their website and counter lah.
+1

Plus don't forget about the petrol and parking fee cost almost the same as the spread leh.
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O..i dun noe..hmm,how much is their actual spread price then?

personaforever6789
post Oct 27 2011, 02:13 PM

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QUOTE(hotjake @ Oct 27 2011, 01:25 PM)
it is a money's game. if don't have much capital, then it is savings. but if you have say millions and u can afford to buy kgs of gold. one month is how much? u do the calculation and tell if it is savings or investment/business?  brows.gif


Added on October 27, 2011, 1:28 pm

buy pure gold bar from bank, buy as much as u can. sell when the price meets your target profit = win.
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exactly.. biggrin.gif
personaforever6789
post Oct 28 2011, 07:08 PM

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QUOTE(buysell @ Oct 28 2011, 05:24 PM)
Normal loh RM7-8. USD drop.
PBB online transaction spread is lower. smile.gif
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PB on9 transaction is only rm1 lower than the one published in their website

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