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

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quackpack
post Aug 28 2011, 12:09 AM

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QUOTE(BATMAN99 @ Aug 27 2011, 11:28 PM)
Hmm so according to kitco.com, the market is opening up again in 45 hours of time?

Usually how long it closes everytime it does? Is there a fixed time when gold market closes?
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gold don't work on saturday and sunday too tongue.gif
quackpack
post Sep 1 2011, 10:50 AM

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Just read the newspaper where a Singapore gold investment company which “promise" monthly returns has ran away. Didn't see the company's name being mention in the Chinese newspaper though
quackpack
post Sep 11 2011, 05:32 PM

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QUOTE(ninask @ Sep 11 2011, 03:58 PM)
Guys,

I've read all 3 threads just to make sure I understand and don't ask a silly repeated question. Was googling on UOB GIA, saw this.

Secondly, you will be charged an administrative fee (in grams of gold) of 0.12 gram per month or 0.25% p.a. on the highest balance per month, whichever is higher. This makes keeping low balances in your UOB Gold Savings Account not worth your while.

What does it mean? I thought the only admin fee is the one with RM2 per month if balance below 10g? Confused.
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you are looking at uob singapore
quackpack
post Sep 25 2011, 08:06 PM

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hopefully those who got burn this round would learn from mistake and not take people's sentiments as guidance.

buy the dip, sell the rumor brows.gif
quackpack
post Sep 26 2011, 10:45 AM

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haha should topic change from 1950 to 1600?
quackpack
post Oct 7 2011, 06:07 PM

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Saw this in trade zone dispute corner.

http://forum.lowyat.net/index.php?showtopi...post&p=45846853

since there are people trading their gold and silver here as well. be vigilant and insist on COD only.


quackpack
post Oct 8 2011, 10:10 PM

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QUOTE(conquering2011 @ Oct 8 2011, 10:04 PM)
I guess gold will head up @ 1700-1750 range on next week (bullish)

Please ignore all the nonsense accusation been made towards me without solid ground especially from ignorance/pathetic/ironic Aplis(Iblis)_lualua claiming me to be a another TSH as i have clearly nothing to do with him.

A police report will be made against Apis for simply accusing me.

Under DEFAMATION ACT 1957(LAW OF MALAYSIA), a petition will be file soon by my lawyer against him under;

- Apology in mitigation of damages
- Consolidation of actions for libel
- Separate assessment of damages in certain cases in actions for libel
- Apology in mitigation of damages
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Interesting...mind uploading the police report after actually making one?


quackpack
post Oct 9 2011, 11:43 AM

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Out of those kitco survey i have seen, almost all their supposedly high chance "choice" turn out to be not high at all tongue.gif
quackpack
post Oct 18 2011, 07:31 PM

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QUOTE(buysell @ Oct 18 2011, 05:51 PM)
Usually when gold stagnant, it steep dip, now see USD165x/1oz look like the correction to kick out short term investor is on the way.
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I dont even get your logic blink.gif

Now is the best time for more short term investors to hop in for the next ride rclxms.gif
quackpack
post Oct 20 2011, 10:34 AM

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ahh awesome... 15xx mark is on sight!

captain I'm coming back onboard real soon!


quackpack
post Oct 20 2011, 04:44 PM

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QUOTE(buysell @ Oct 20 2011, 03:09 PM)
Is it logic now.

Look at the gold chart it's USD162x/1oz now, the more short term investor buy, the more price drop. hmm.gif Now the best time? rclxub.gif
Like gold is losing it value by days and if this is what going to keep on repeating, very soon gold price will steep dip below 15xx or maybe lower.
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You don't get it at all.

Short term buyers knows what they are dealing most of the time. When gold was at 19xx most short term buyer already sold off and reap the profits out from people who just jump in the bandwagon during that moment.

It is already mention alot of times in this forum that gold is speculated very heavily during 18xx.

Dont always be in a denial mode when gold price drop when bought at higher price.

Quin already gave enough teachings here, everyone needs a plan.

This post has been edited by quackpack: Oct 20 2011, 04:45 PM
quackpack
post Oct 20 2011, 09:53 PM

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QUOTE(buysell @ Oct 20 2011, 08:11 PM)
Me or you don't get it at all?

Why sound so angry? rolleyes.gif So easily upset with people words later blood pressure high not good for your health. tongue.gif
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This is a forum, my reply is not meant for you only.

When you can invest smartly and enjoy the benefit, why waste it on being in denial and keep bank on the notion that in n years time, you will get back your profit when you can get it back without waiting that long?

News and technical analysis alone does not give you the whole picture where gold is heading.

Since gold forum v1, I have learn from forumers here to trade smart, if you are smart enough to come online, then I am sure you have the ability to think,research and make proper judgement.

Gold can be bought with money but when gold's value drop, you cant eat your gold can you? Everyone can see for themselves the volatility of gold.

To newcomers trying to invest on gold, don't always give yourself the excuse that "after n years, I can recover the lost".

Trade smart,not blindly.

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