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

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potenza10
post Oct 26 2011, 01:44 PM

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Start now before regret..
potenza10
post Oct 26 2011, 08:41 PM

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QUOTE(iamtheone2020 @ Oct 26 2011, 02:11 PM)
start buying or start selling?
sory for very3 noob ques
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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
potenza10
post Oct 26 2011, 09:23 PM

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If u try to google a technic how to buy another phyiscal gold after u pawn the 1st one, then u will know.

Btw, its up to u whether u prefer to hold the real one or not.If using passbook, its much easier.Not so worry if anything happen when u keep physical gold i.e stolen, lost

This post has been edited by potenza10: Oct 26 2011, 09:25 PM
potenza10
post Oct 27 2011, 11:02 AM

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Now the price is skyrocketting....hopefully until this Krismas..
potenza10
post Oct 27 2011, 04:07 PM

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Gold is a long term investment..and u can consider it like an insurance to ur monies.value of monies will drop from time to time due to inflation but not for gold.its a real protector.so, keep it as long as u can.just withdraw for your profit when the price is right, meanwhile hold ur capital.
potenza10
post Oct 27 2011, 05:36 PM

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QUOTE(cherroy @ Oct 27 2011, 05:32 PM)
Gold doesn't must insure you against inflation.
In fact, for the past 30 years, it showed low correlatiom hedging against inflation.

We had period of gold price stagnant for 20 years and inflation has been double, triple or more exactly price has escalating more than 5x, 10x in the past 20 years, while gold price was little change throughout the 20 years period.
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Its up to u if wanna see past 20 or 30 yrs..but at this time, it is worth to buy gold rather than to keep cash money. whistling.gif
potenza10
post Oct 28 2011, 12:47 AM

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Simple : gold is non renewable type of metal..but bank notes easily print out in any time.so, u judge la.chart can easily google, and its up to u to evaluate.
potenza10
post Oct 28 2011, 03:01 PM

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Another source to check
www.nubex.com.my
potenza10
post Nov 1 2011, 12:28 AM

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When we talk about syariah or not, it is mean of the concept.
potenza10
post Nov 3 2011, 11:34 PM

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Not enough money to start with UOB...just with maybank at the moment...hmmmm
potenza10
post Nov 6 2011, 09:16 PM

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QUOTE(Lurker @ Nov 6 2011, 04:17 PM)
Which website do u guys refer to for gold price updates? Numerical or graphs
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usually check at this site...www.nubex.com.my
potenza10
post Nov 7 2011, 09:42 AM

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QUOTE(iamseng @ Nov 7 2011, 07:23 AM)
Hi guys i need some advice...am nee to the gold investig scene.
Just opened a pbb gold account n now planning to buy some physical gold.
Is it safe buying frm www.nubex.com? Plan to buy 20g perth mint gold bar. Another question is which is better to buy? 4 5g bar/ 2 10g bar or 1 20g bar. Or would u guys suggest buying a different gold bar all togather like the pamp.
Thanx. Hope to have many a lively discussion here
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every purchase got their spread.so, if u buy 20g bar at 1 piece meaning u just spent your money at 1 spread.if u buy 2 10g or 4 5g meaning u spent more money on the spread.

every piece got their spread.if u buy 20g 1 piece, u just spent 1 amount of the spread.

I put Kijang Coin as an example

1 oz = the spread is rm200+

1/4 oz = the spread is 100+

So, u can calculate the spread if u buy 4 1/4oz coins biggrin.gif
potenza10
post Nov 7 2011, 09:52 AM

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Atm, i just buy Kijang Emas sold by Maybank.never bought other brand i.e kelantan dirham, nubex etc...
potenza10
post Nov 7 2011, 08:40 PM

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QUOTE(iamseng @ Nov 7 2011, 10:59 AM)
Oh ic. Kijang....normally they have ready stock or u have to order 1st? Can u lock in the price even if they dont have ready stock? I plan to buy eirher in alor setar or perlis...so far far away frm kijang home in Kl.
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u cant lock the price.just go and buy, so based on the price at that moment. I bought from maybank alor star...1/4 oz easy to get.1oz kinda hard.good luck!

Added on November 7, 2011, 8:43 pm
QUOTE(penanghomes @ Nov 7 2011, 01:19 PM)
how to get kijang emas...everytime i call ask..they say no stock..where to buy..?
*

hard to get..its ur luck to get any of it.

This post has been edited by potenza10: Nov 7 2011, 08:43 PM
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