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 Gold investment corner v4, Will gold price achieve USD2000 by 2012?

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kelvin_hata
post Feb 9 2012, 05:29 PM

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QUOTE(Jutawan @ Feb 9 2012, 05:25 PM)
If USD drop -> Gold price will RISE!
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ya... but now is.. usd drop.. gold price also drop alot la...

passed week per oz 1760++ usd 3.1x++

today usd 3.0x++ per oz 1730++ hmm.gif

and they rest for 5 days edi... enug from them to breath jor... rolleyes.gif
loser.ultimate
post Feb 9 2012, 08:39 PM

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Would we be able to negotiate a better rate for paper gold at any of the mentioned banks if we buy more grams?If yes,which bank and how much is more grams?
prophetjul
post Feb 9 2012, 08:43 PM

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QUOTE(hackwire @ Feb 9 2012, 04:01 PM)
ok thanks.. wat do u suggest if buying gold base on spot rates, do i go to banks like UOB to get them or any other banks like maybank?? i don't think i trust jewelers on gold now after i heard stories of mixing gold with other materials . better for me to seek the right instituition since in the thread already have an article of counterfeit gold distributed from china and even dealers cannot detect.
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If you want physical gold, i suggest UOB or Maybank for the gold coins.
They are similar in price to gold bars.
As for gold bars, some ppl here may have better suggestions.
i dont like bars as i cannot be sure like you mentioned, the purity of the product
hackwire
post Feb 9 2012, 11:20 PM

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gold coins seem great too... i began to noticed that there's a lot of suppliers from overseas starting to setup booth in this country like in giant collecting jewels from the shoppers. possible that gold is very quite in demand in the future, if not why they starts to put up booth now? And i been told that asian like us always buy fancy gold jewels unlike westerners who prefer gold bar than jewel . is this true?

This post has been edited by hackwire: Feb 9 2012, 11:21 PM
kelvyn
post Feb 10 2012, 08:15 AM

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QUOTE(loser.ultimate @ Feb 9 2012, 09:39 PM)
Would we be able to negotiate a better rate for paper gold at any of the mentioned banks if we buy more grams?If yes,which bank and how much is more grams?
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Of course if you are buying in kg... then will have better rates than grams biggrin.gif

http://www1.uob.com.my/jsp/finance/fin_gia.jsp
sovietmah
post Feb 10 2012, 03:01 PM

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anyone know the maybank gold price today? the web site seems not updated since yesterday.
hackwire
post Feb 10 2012, 03:21 PM

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QUOTE(sovietmah @ Feb 10 2012, 03:01 PM)
anyone know the maybank gold price today? the web site seems not updated since yesterday.
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http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03
sovietmah
post Feb 10 2012, 03:25 PM

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QUOTE(hackwire @ Feb 10 2012, 03:21 PM)
It is FEB-9.
hackwire
post Feb 10 2012, 03:38 PM

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why kijang? i think u can get pamp swiss or other gold bullion in uob .
vincentwmh
post Feb 10 2012, 04:04 PM

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come-come down a little, let me see 16++.. i have not jump on board yet!!!!
ronnie
post Feb 10 2012, 07:08 PM

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In today's The Star Metro has an article about Genneva new HQ... I thought SC already consider them a scam. Selling gold at RM215 per gramme.
naughtyz
post Feb 11 2012, 05:04 AM

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Masjid India Gold Shop selling 500 gram Pamp suisee for rm1750 per gram


Added on February 11, 2012, 5:08 amAnyone buy PAMP from Pageantry Gold, Heard they offer 2.5% every month for 6 months, i found that Bank Rakyat no longer accept 99.9% gold, does anyone know any Ar-rahnu take this 99.9%?

This post has been edited by naughtyz: Feb 11 2012, 05:08 AM
prophetjul
post Feb 11 2012, 10:17 AM

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QUOTE(ronnie @ Feb 10 2012, 07:08 PM)
In today's The Star Metro has an article about Genneva new HQ... I thought SC already consider them a scam. Selling gold at RM215 per gramme.
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More than 20% above spot.......for SucKERS
ronnie
post Feb 11 2012, 11:46 AM

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QUOTE(naughtyz @ Feb 11 2012, 05:04 AM)
Anyone buy PAMP from Pageantry Gold, Heard they offer 2.5% every month for 6 months, i found that Bank Rakyat no longer accept 99.9% gold, does anyone know any Ar-rahnu take this 99.9%?
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Is Pageantry Gold another version of Genneva since offering 2.5% per month ?
loongchai
post Feb 11 2012, 10:50 PM

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QUOTE(prophetjul @ Feb 9 2012, 08:43 PM)
If you want physical gold, i suggest UOB or Maybank for the gold coins.
They are similar in price to gold bars.
As for gold bars, some ppl here may have better suggestions.
i dont like bars as i cannot be sure like you mentioned, the purity of the product
*
but UOB charges double the spot price for physical gold? so why buy physical from banks?
http://www1.uob.com.my/jsp/finance/fin_gold.jsp?func=gold
crac
post Feb 12 2012, 12:39 AM

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UOB and Maybank not everytime got physical gold. More times than not, they don't have gold. Recently want to buy, just the day before this huge run-up start, both banks don't have. Sigh!

This post has been edited by crac: Feb 12 2012, 12:42 AM
naughtyz
post Feb 12 2012, 01:57 AM

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QUOTE(ronnie @ Feb 11 2012, 12:46 PM)
Is Pageantry Gold another version of Genneva since offering 2.5% per month ?
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Is Geneva offering the same scheme ?
prophetjul
post Feb 12 2012, 02:54 PM

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QUOTE(loongchai @ Feb 11 2012, 10:50 PM)
but UOB charges double the spot price for physical gold? so why buy physical from banks?
http://www1.uob.com.my/jsp/finance/fin_gold.jsp?func=gold
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How do you calculate double the spot price for gold matey? biggrin.gif


QUOTE
1 OZ AUST NUGGETS 5482 5483 5297

loongchai
post Feb 12 2012, 03:31 PM

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QUOTE(prophetjul @ Feb 12 2012, 02:54 PM)
How do you calculate double the spot price for gold matey?  biggrin.gif
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how about this?
1 GM
PAMP GOLD
bank sell (W Msia) 328
bank sell (E Msia) 329
bank buy 195

what is the difference of PAMP and nuggets? I thought the retail price is RM205 per gram now? please enlighten me
prophetjul
post Feb 12 2012, 03:34 PM

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QUOTE(loongchai @ Feb 12 2012, 03:31 PM)
how about this?
1 GM
PAMP GOLD
bank sell (W Msia) 328
bank sell (E Msia) 329
bank buy 195

what is the difference of PAMP and nuggets? I thought the retail price is RM205 per gram now? please enlighten me
*
i see. i never look at 1 gram gold......... biggrin.gif

The 1 oz looks alrite! thumbup.gif

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