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

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john123x
post May 9 2012, 11:14 PM

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QUOTE(prophetjul @ May 9 2012, 10:37 AM)
Nice LONgggggg READ

-----------------------------------------------------------------------------

GOLD (print this)

* MAJOR ONE up from $256 to $1,015
(actually 4 times the $255 low)
= FINISHED


*MAJOR TWO down from $1,015 to $699
(a decline of 31% Fibonacci)
= FINISHED


* MAJOR THREE up from $700 to $4,500
(a Fibonacci 6 ½ times the $700 low prior)
with two 13% minor corrections
= IN PROGRESS NOW! Maybe HIGHER!


* MAJOR FOUR down from $4,500 to $3,200
( a 29% decline)
= LATER


*MAJOR FIVE up from $3,200 to $12,800
(also a four fold increase, same as ONE)
= SUPER LATER
$4500 will probably take decades.

$2000 -$2500 target are more realistic
turion64
post May 10 2012, 01:32 AM

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QUOTE(win0517 @ May 9 2012, 05:53 PM)
hi dude.. which bank you are refering??
bcz i saw at maybank was on 160.51
*
UOB bro...
prophetjul
post May 10 2012, 07:48 AM

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QUOTE(john123x @ May 9 2012, 11:14 PM)
$4500 will probably take decades.

$2000 -$2500 target are more realistic
*
No timing matey

$300 to $1900 took a decade. Thats 6.3 times

$1600 to $4500 is approx 3 x..............who knows?

BUT i will be very happy with $2500 biggrin.gif
bingozero
post May 10 2012, 08:16 AM

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QUOTE(win0517 @ May 9 2012, 07:18 PM)
thanks for information smile.gif


Added on May 9, 2012, 7:19 pmhi all dude here... any one know any website or software can directly saw the REAL time GOLD price??
*
http://www.kitco.com/charts/livegold.html
bingozero
post May 10 2012, 08:29 AM

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QUOTE(BlackPen @ May 9 2012, 07:25 PM)
Hi, i want to ask...I want open a gold account which bank recommend? My budget quite low because I just come out work smile.gif I want to try do some gold investment and see the condition is how? risk low or high? or how to calculate profit if price up ( or just like stock investment)? any1 can slightly guild me into this invest..I'm quite interesting on gold investment..
*
You can open gold investment account at public bank, cimb, maybank or uob
SUS.O.
post May 10 2012, 09:01 AM

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QUOTE(bingozero @ May 10 2012, 08:29 AM)
You can open gold investment account at public bank, cimb, maybank or uob
*
uob d best, low spread %
BlackPen
post May 10 2012, 09:27 AM

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QUOTE(bingozero @ May 10 2012, 08:29 AM)
You can open gold investment account at public bank, cimb, maybank or uob
*
I only can invest around 5g<10g (isn't from bank is paper gold?) some bank require 20g to start as what I read 1 page biggrin.gif Put a little first to test the market tongue.gif

This post has been edited by BlackPen: May 10 2012, 09:28 AM
Sifha238
post May 10 2012, 12:15 PM

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Today price the lowest in some time ?
j-insigh
post May 10 2012, 12:47 PM

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lately the price of gold is going down down down... hmm.. dropping more towards weekend?
ksp_tech
post May 10 2012, 02:09 PM

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wait till saturday, still low, then gonna buy 50gm on monday morning.
win0517
post May 10 2012, 03:51 PM

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QUOTE(ksp_tech @ May 10 2012, 02:09 PM)
wait till saturday, still low, then gonna buy 50gm on monday morning.
*
wow.. big trader..


Added on May 10, 2012, 3:51 pmi saw at maybank was increasing... from 160.43 to 160.55..


Added on May 10, 2012, 3:52 pmhow all SIFU thinking?? will it increase ????


Added on May 10, 2012, 5:03 pm
QUOTE(bingozero @ May 10 2012, 08:16 AM)
Noted tq tq


This post has been edited by win0517: May 10 2012, 05:03 PM
pubmut
post May 10 2012, 07:54 PM

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QUOTE(prophetjul @ May 10 2012, 07:48 AM)
No timing matey

$300 to $1900 took a decade. Thats 6.3 times

$1600 to $4500 is approx 3 x..............who knows?

BUT i will be very happy with $2500    biggrin.gif
*
With all that's going on now, nothing is sacred anymore. But if we look at the Romans, we might be able to derive a similar timeline.
davinci_maggie
post May 10 2012, 09:07 PM

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HI, all d sifu.

Ytd saw a sin chew newspaper 's adv :-
PYT Jeweller (M) SB offered physical good at sell166/buy158
(5g/10g/20g/50g/100g)
it is worth to invest?? i seriously dunno much about gold investment..
read the front pages (>10pages), hmm still abit blur.
but tot y not try both, open an UOB acc & buy a min req gold plat from goldsmith.
However may i know if i buy from PYT , mean i can only sell back at PYT? cannot to others, like Poh Kong.

Pls pls advise!! notworthy.gif
thunderaj
post May 11 2012, 12:21 AM

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Gold t MYR 156.38 per gram ..
Think this week will be lower trend for gold
win0517
post May 11 2012, 12:23 AM

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QUOTE(thunderaj @ May 11 2012, 12:21 AM)
Gold t MYR 156.38 per gram ..
Think this week will be lower trend  for gold
*
current 156.3.. agree.. can be consider buy in..
hitokai
post May 11 2012, 03:00 AM

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o.o any speculation on support yet? xixi ... gonna buy in luuu
j-insigh
post May 11 2012, 07:29 AM

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wait for end of this week.. if like ~150 im gonna buy in. hehe
eXTaTine
post May 11 2012, 09:37 AM

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Low 1500s look certain now.
thunderaj
post May 11 2012, 09:43 AM

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QUOTE(eXTaTine @ May 11 2012, 09:37 AM)
Low 1500s look certain now.
*
Actually i think it could dip below 150 also .Nowdays the economy is so fragile.
eXTaTine
post May 11 2012, 09:48 AM

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QUOTE(thunderaj @ May 11 2012, 09:43 AM)
Actually i think it could dip below 150 also .Nowdays the economy is so fragile.
*
It could, but that is something im not so sure about. Gold failed to break above 1600 today and drifting lower, that means the trend is lower..

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