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Gold investment corner v4, Will gold price achieve USD2000 by 2012?
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TruthHurts
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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 ~ =.= ~~ 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.
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SUSWintersuN
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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  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
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BlackPen
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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  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
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hellfiredbh
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May 15 2012, 01:58 PM
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Getting Started

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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  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.  plus the min amount for each transaction is kind big
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BlackPen
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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.  plus the min amount for each transaction is kind big can sell and the paper gold inside account and close the gold investment account?
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hellfiredbh
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May 15 2012, 02:10 PM
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Getting Started

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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? 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.  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.
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izzudrecoba
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May 15 2012, 02:14 PM
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QUOTE(prophetjul @ May 15 2012, 11:00 AM) Publicgold sales man?  But nice observation on the descending wedge formation. Hope fully we will see the breakout from this wedge soon....... 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
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BlackPen
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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.  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.  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..  Still considering which bank to choose.. Any1 can confirm me? This post has been edited by BlackPen: May 15 2012, 02:15 PM
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hellfiredbh
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May 15 2012, 02:18 PM
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Getting Started

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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..  Still considering which bank to choose.. Any1 can confirm me? why dont u call the bank? call now straight get answer. i like maybank cz small min amount. high spread nvm la, gold is a volatile commodity
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thunderaj
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May 15 2012, 02:20 PM
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gold myr 153.
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BlackPen
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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. i like maybank cz small min amount. high spread nvm la, gold is a volatile commodity  Now I'm working  btw... I will get answer very soon...but high spread is a disadvantages to us
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SUSWintersuN
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May 15 2012, 02:42 PM
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QUOTE(BlackPen @ May 15 2012, 02:21 PM) Now I'm working  btw... I will get answer very soon...but high spread is a disadvantages to us  yeah high spread is disadvantage If u call plz share wif us here
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BlackPen
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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  I tot u already go maybank to create gold investment account
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SUSWintersuN
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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  No la at first 1 open maybank account but then the spread too wide thought maybe UOB better  I see how the trend go. if up trend liao maybe just open maybank acount
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BlackPen
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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  I see how the trend go. if up trend liao maybe just open maybank acount if the trend go up liao..it's too late
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ooorait
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May 15 2012, 03:31 PM
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cannot tahan anymore. will go to maybank tomorrow to topup.
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BlackPen
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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. RM156.72/gram Maybank This post has been edited by BlackPen: May 15 2012, 03:37 PM
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SUSWintersuN
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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  now also cannot anymore.. tomorrow see the price how.. Now trend not moving still safe
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ooorait
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May 15 2012, 03:47 PM
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QUOTE(BlackPen @ May 15 2012, 03:36 PM) RM156.72/gram Maybank  i think tomorrow will be around 157/gram. how can u tahan the temptation to buy at such price...
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mhisyam6
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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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