Actually I'm looking for the Chart Prophet to have his prediction come true, then we all can line up at UOB and finish off their supply of gold.

Hi guys,

I've been in silver investment personally, and I am always keeping up with precious metal market.

I wish to know that why most people do not recommend paper gold?

i trucked away the local maybank/cimb kijangs when gold was $275............

Gold at myr 161 per garm . the price is much stable and is between 160 to 162 per gram.

Hmm...I recall when Kijangs were RM200, I should have bought more then...*sigh*

Where got Rm200?

Never ler...lowest was around Rm1100 an ounce.......

My holdings was bought around those prices loaded onto the truck......

This post has been edited by prophetjul: Apr 26 2012, 11:39 AM

who buy gold, who die!!! gold will oni fall won't go up jor

What do ye know, junior?

I stand corrected prophetjul. The RM200 was the face value of the 1 oz. I bought what I could afford back then. That time got married mana ada wang to back up the truck.

As for junior there, well, time will tell.

Regards

like like!

haha... take this .

fine with me dying with 3 GOLD rings stuck-gripped in both my index fingers, a wire-rope look alike GOLD chain hanging on my neck, an inkless GOLD pen in my front pocket and countless GOLD bars that i have been worried-sick where to hide them around the house & garden from time to time since...once i ran out of idea that i just spread them at the bottom of my koi fish pond..... ALL with appreciated value 4X gossh!!! i think i shd get myself a GOLD made calculator when i die

This post has been edited by vincentwmh: Apr 27 2012, 03:09 PM

i think gold will not go down so much to the price in year 2000/2001.

it will around 150 or 160 rm per gram.

Guys,

If any of you have Maybank GSIA, you'll notice that on your m2u account you have new menus. Previously you can only check how many grams you have. But now there's a buy and sell button. When I clicked it, it said service coming soon.

Will we finally be able to buy/sell gold from home?

Maybank moving towards Buy/Sell via Maybank2U.com.... that's nice but Maybank's spread is very high.

If you understands the fundamental of gold, it is to counter fiat currency. Paper gold is just another version of fiat currency. Overally, it is attractive to buy paper gold. Low spread, easy trading, easy selling, buying at minimum weight of 1g, no security issues and you don't have to bother about shipment of goods. The only catch here, is there really GOLD? Some may care less about it so long they profits but think about it for a moment - money in the first place was designed to be paper gold. Somehow, money is no longer backed by any gold but paper gold is? Ponder about this.

All the best in your precious metals investment.

This post has been edited by kh8188: May 1 2012, 02:12 PM

Does anyone know which Banks in KL/PJ area that still got safe deposit box for rental?

Try these:

http://www.rsdb.com.my
http://mysafebox.com.my

hopefully UOB next to have the features

Thanks for the reply. You've pointed out very important things that I never consider about

For me the down side of paper gold is, you cannot control your buying/selling price. The spread is fixed. It's like, I buy it but I don't own it.

Great to know that Maybank is implementing this service...