Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
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 Sep 20 2011, 05:16 PM
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#1
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Senior Member
1,175 posts Joined: Mar 2011 
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QUOTE(o0o0 @ Sep 20 2011, 01:46 PM) Damn... all keep in swiss bank..Stock market down! Currency down! Gold also down! Every thing are down!! Then what is up??? Where is the investors' money go?   |
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Sep 26 2011, 02:20 PM
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#2
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Senior Member
1,175 posts Joined: Mar 2011
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it will better if you cut losses if you buy some gold now and average it with earlier purchase.
example last month you bought gold 178 and now is 160 . average is must be lesser than 178 .. usually this what the mineral trader will do.what we call contagon market. Just a point i share |
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Sep 26 2011, 03:25 PM
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#3
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Senior Member
1,175 posts Joined: Mar 2011
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kitco 1594 USD per ounce
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Sep 26 2011, 03:32 PM
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#4
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Senior Member
1,175 posts Joined: Mar 2011
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QUOTE(keii-kun @ Sep 26 2011, 03:26 PM) when u have paper gold with any bank, you know that you are at their mercy. when we had gold with them, wouldn't we be happy when their update as fast rising price? That is disadvantage of buying paper goldnow, good la they're slow cos give time ppl to go n sell. anyway, those holding physical shudn't be worry. just keep em. |
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Sep 26 2011, 03:35 PM
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#5
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1,175 posts Joined: Mar 2011
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QUOTE(eehtsitna @ Sep 26 2011, 03:32 PM) All hands on board and brace for impact! me too need to buy bracelet for my girlfriend If we were to learn from 2008, the price of gold actually recovers after a year. So the conclusion is, this is not the end of the world! Ps: Dip is good since its a good time for me to get my ring!  |
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Sep 26 2011, 03:59 PM
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#6
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1,175 posts Joined: Mar 2011
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QUOTE(vincentwmh @ Sep 26 2011, 03:45 PM) reminder.. its no joke.. NOW where is "EXtra"?? ape rubbish, nonsense?? you seems to be quite certain about this..?Added on September 26, 2011, 3:58 pm correct, this has been the style past 2 weeks..we will more drama 6-12 hrs from now.. |
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Sep 26 2011, 05:15 PM
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#7
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Senior Member
1,175 posts Joined: Mar 2011
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kitco 1624 usd/oz
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Sep 27 2011, 10:05 AM
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#8
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Senior Member
1,175 posts Joined: Mar 2011
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QUOTE(mcdkfc @ Sep 27 2011, 09:59 AM) Please refer my calculation : Agreed .. cut your losses.I know buy/sell within a month is not long term. I just to cut my loses. If I not sell, on paper my loses will be RM174 - RM162.63 (current buying price at PB) = RM11.37 BUT coz I sold, my lose -> RM174 - RM166 = RM8. Then I buy back RM161.54. With current buying price at PB now is 162.63, on paper I get profit RM1.09. So on paper right now, my total lost is only RM8 - RM1.09 = RM6.91 (NOT RM11.37). Added on September 27, 2011, 10:08 am1630 usd per oz. This post has been edited by thunderaj: Sep 27 2011, 10:08 AM |
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Sep 27 2011, 10:21 AM
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#9
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1,175 posts Joined: Mar 2011
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maybe .. it all depends on the euro debt crisis..
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Sep 27 2011, 10:49 AM
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#10
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Senior Member
1,175 posts Joined: Mar 2011
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kitco gold 1637 usd/oz .
us dollar trend coming down.. |
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Sep 27 2011, 11:41 AM
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#11
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Senior Member
1,175 posts Joined: Mar 2011
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kitco gold 1645 usd/oz
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Sep 27 2011, 05:14 PM
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#12
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Senior Member
1,175 posts Joined: Mar 2011
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kitco 1662.71 usd/oz
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Sep 27 2011, 05:39 PM
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#13
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Senior Member
1,175 posts Joined: Mar 2011
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seems there quite strong correlation between usd currency against gold
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Sep 28 2011, 05:24 PM
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#14
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Senior Member
1,175 posts Joined: Mar 2011
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gold usd 1656 /oz
USD /rm uptrend |
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Sep 28 2011, 05:26 PM
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#15
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Senior Member
1,175 posts Joined: Mar 2011
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[quote=donnie.brasco,Sep 28 2011, 03:05 PM]
[quote=kevyeoh,Sep 28 2011, 02:11 PM] Hmm...this 1 to 2 years is very misleading... when i take a look at the gold trend for the past 30 years... what i see is from 1982 until probably 2005, if you bought it at 1982 and you sell at sometime before 2005, you might not even earn anything...the price was pretty flat below USD500/ounce.... in fact...you might lose money.... and that's how many years we're talking about? if you have saved the money in FD in that period with compounded interest, i'm not sure if the FD might even yield more return than the gold capital gain... so to those who even think that you will earn if keep 'long' term 1-2 years... u better consider properly... good luck ... [/quote I dont know where you got that info, but from the history shown here Gold Price History , the 30 years trend is increasing.  [/quote] From this graph some comodities have cooling period where the price will be stagnant some time. Not sure for current gold. |
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Sep 29 2011, 10:32 AM
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#16
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Senior Member
1,175 posts Joined: Mar 2011
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Kitco gold usd 1605 / usd .
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Oct 3 2011, 12:03 AM
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#17
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Senior Member
1,175 posts Joined: Mar 2011
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QUOTE(bigwolf @ Sep 30 2011, 10:44 PM) Few kg??? wah loaded. better dun let ppl know where u live. dun wanna hear lyn member kena kidnapped ya i agree.. |
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 Oct 5 2011, 02:53 PM
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#18
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1,175 posts Joined: Mar 2011
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QUOTE(OneBuck @ Oct 5 2011, 09:43 AM) For the past of 2 weeks, it seems that in the morning the price will increase and at night price will drop. Western dont have much cash compare to eastern..Signing that eastern is buying and western is dumping?  |
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Oct 6 2011, 10:14 AM
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#19
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Senior Member
1,175 posts Joined: Mar 2011
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gold price usd 1637/oz
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Oct 6 2011, 03:22 PM
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#20
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Senior Member
1,175 posts Joined: Mar 2011
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kitco gold usd 1642 /oz
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