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

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TruthHurts
post May 15 2012, 01:24 PM

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QUOTE(Dackson @ May 15 2012, 12:54 PM)
Wait and see st. I'm wandering ~
I heard that got ppl can not withdrawl their physical gold ~
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=.= ~~ Who said cannot ? From what i know Public bank do offer you to withdraw physical gold ( Selected branch only) or you can transfer from Gold Account to your saving account via Internet.





SUSWintersuN
post May 15 2012, 01:25 PM

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Does the maybank rate follow hourly change or daily?

I think wanna open account now hmm.gif


Added on May 15, 2012, 1:52 pmMaybank buy/sell spread so big difference.. gila..

Wanna confirm UOB is the best to open account?

This post has been edited by WintersuN: May 15 2012, 01:52 PM
BlackPen
post May 15 2012, 01:56 PM

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QUOTE(WintersuN @ May 15 2012, 01:25 PM)
Does the maybank rate follow hourly change or daily?

I think wanna open account now hmm.gif


Added on May 15, 2012, 1:52 pmMaybank buy/sell spread so big difference.. gila..

Wanna confirm UOB is the best to open account?
*
UOB always lowest spread...different RM2...but with T&C lo
hellfiredbh
post May 15 2012, 01:58 PM

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QUOTE(WintersuN @ May 15 2012, 01:25 PM)
Does the maybank rate follow hourly change or daily?

I think wanna open account now hmm.gif


Added on May 15, 2012, 1:52 pmMaybank buy/sell spread so big difference.. gila..

Wanna confirm UOB is the best to open account?
*
not sure what u mean but maybank's price change twice daily. one around 8.45-915. and the other one is late afternoon. 2 to 3 something?


lolx it has its pro and cons. the min amount u can have in UOB is 10 gm if not mistaken. that's more than 1k that u keep in the bank and u cant remove that. not very good if ur investments is in small amount. smile.gif plus the min amount for each transaction is kind big
BlackPen
post May 15 2012, 02:03 PM

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QUOTE(hellfiredbh @ May 15 2012, 01:58 PM)
not sure what u mean but maybank's price change twice daily. one around 8.45-915. and the other one is late afternoon. 2 to 3 something?
lolx it has its pro and cons. the min amount u can have in UOB is 10 gm if not mistaken. that's more than 1k that u keep in the bank and u cant remove that. not very good if ur investments is in small amount. smile.gif plus the min amount for each transaction is kind big
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can sell and the paper gold inside account and close the gold investment account?
hellfiredbh
post May 15 2012, 02:10 PM

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QUOTE(BlackPen @ May 15 2012, 02:03 PM)
can sell and the paper gold inside account and close the gold investment account?
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for maybank?

yea. dont think so. please call the bank to confirm. haha

anyhow, personally i dont think so, if not why they say min in the account is 1 gm?

as such, to get a net profit u need to minus the gross profit when u sell with the 1 gm in your account. smile.gif

last time i bought a few years back around 127gm? cant rmb, book not with me now. even with my small investment and the min amount, i still got a nice profit as the spread is still small that time. smile.gif
izzudrecoba
post May 15 2012, 02:14 PM

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QUOTE(prophetjul @ May 15 2012, 11:00 AM)
Publicgold sales man?  biggrin.gif

But nice observation on the descending wedge formation.

Hope fully we will see the breakout from this wedge soon.......
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Hey bro, yes the article was written by Public Gold Sales Man cum Investor. However, I'm not a salesman but gold/real estate/mutual fund investor who dare to dream and act big, like some of us here in this forum icon_rolleyes.gif
BlackPen
post May 15 2012, 02:15 PM

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QUOTE(hellfiredbh @ May 15 2012, 02:10 PM)
for maybank?

yea. dont think so. please call the bank to confirm. haha

anyhow, personally i dont think so, if not why they say min in the account is 1 gm?

as such, to get a net profit u need to minus the gross profit when u sell with the 1 gm in your account. smile.gif

last time i bought a few years back around 127gm? cant rmb, book not with me now. even with my small investment and the min amount, i still got a nice profit as the spread is still small that time. smile.gif
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I mean UOB ..minimum amount is 10gram...if lesser then 10gram..bank will charge RM2 per month...so what if I want to take all the money out from that account and close down that gold investment account? I maybank spread to high 4.12%+/- but it only require 1gram minimum la.. biggrin.gif Still considering which bank to choose..

Any1 can confirm me?

This post has been edited by BlackPen: May 15 2012, 02:15 PM
hellfiredbh
post May 15 2012, 02:18 PM

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QUOTE(BlackPen @ May 15 2012, 02:15 PM)
I mean UOB ..minimum amount is 10gram...if lesser then 10gram..bank will charge RM2 per month...so what if I want to take all the money out from that account and close down that gold investment account? I maybank spread to high 4.12%+/- but it only require 1gram minimum la.. biggrin.gif  Still considering which bank to choose..

Any1 can confirm me?
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why dont u call the bank? call now straight get answer. smile.gif

i like maybank cz small min amount. high spread nvm la, gold is a volatile commodity smile.gif
thunderaj
post May 15 2012, 02:20 PM

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gold myr 153.

BlackPen
post May 15 2012, 02:21 PM

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QUOTE(hellfiredbh @ May 15 2012, 02:18 PM)
why dont u call the bank? call now straight get answer. smile.gif

i like maybank cz small min amount. high spread nvm la, gold is a volatile commodity smile.gif
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Now I'm working biggrin.gif btw... I will get answer very soon...but high spread is a disadvantages to us cry.gif
SUSWintersuN
post May 15 2012, 02:42 PM

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QUOTE(BlackPen @ May 15 2012, 02:21 PM)
Now I'm working  biggrin.gif  btw... I will get answer very soon...but high spread is a disadvantages to us  cry.gif
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yeah high spread is disadvantage

If u call plz share wif us here smile.gif
BlackPen
post May 15 2012, 02:55 PM

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QUOTE(WintersuN @ May 15 2012, 02:42 PM)
yeah high spread is disadvantage

If u call plz share wif us here smile.gif
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I tot u already go maybank to create gold investment account tongue.gif
SUSWintersuN
post May 15 2012, 03:18 PM

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QUOTE(BlackPen @ May 15 2012, 02:55 PM)
I tot u already go maybank to create  gold investment account  tongue.gif
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No la at first 1 open maybank account but then the spread too wide thought maybe UOB better hmm.gif

I see how the trend go. if up trend liao maybe just open maybank acount
BlackPen
post May 15 2012, 03:29 PM

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QUOTE(WintersuN @ May 15 2012, 03:18 PM)
No la at first 1 open maybank account but then the spread too wide thought maybe UOB better hmm.gif

I see how the trend go. if up trend liao maybe just open maybank acount
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if the trend go up liao..it's too late biggrin.gif
ooorait
post May 15 2012, 03:31 PM

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cannot tahan anymore. will go to maybank tomorrow to topup.
BlackPen
post May 15 2012, 03:36 PM

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QUOTE(ooorait @ May 15 2012, 03:31 PM)
cannot tahan anymore. will go to maybank tomorrow to topup.
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RM156.72/gram Maybank smile.gif

This post has been edited by BlackPen: May 15 2012, 03:37 PM
SUSWintersuN
post May 15 2012, 03:45 PM

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QUOTE(BlackPen @ May 15 2012, 03:29 PM)
if the trend go up liao..it's too late  biggrin.gif
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now also cannot anymore.. tomorrow see the price how.. Now trend not moving still safe
ooorait
post May 15 2012, 03:47 PM

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QUOTE(BlackPen @ May 15 2012, 03:36 PM)
RM156.72/gram Maybank  smile.gif
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i think tomorrow will be around 157/gram.
how can u tahan the temptation to buy at such price... drool.gif drool.gif drool.gif
mhisyam6
post May 15 2012, 03:58 PM

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I always saw this GOld investment ads. but don't have enough money to invest. Actually does this investment like ASB? I will receive profit per year into my account?

Hope TS post how it works at first post.

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