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

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Veda
post May 16 2012, 10:07 PM

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QUOTE(cravingstar @ May 16 2012, 04:16 PM)
is there any dummy guide out there buying gold in malaysia? or is it like just like buying stock online?
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There's a book by personal finance coach Azizi Ali. Forgot the name, but got Gold in the title lah.
SUS.O.
post May 16 2012, 11:02 PM

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Ryanloop
post May 17 2012, 05:20 AM

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Anybody can help?

For physical gold, where is the best place to sell to get highest cash out?

Can share your experience?

Regards
yaokb
post May 17 2012, 08:44 AM

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QUOTE(Ryanloop @ May 17 2012, 05:20 AM)
Anybody can help?

For physical gold, where is the best place to sell to get highest cash out?

Can share your experience?

Regards
*
how much do you have?

if you go to the Gold smiths they will offer you LME -10% if not purchased from them earlier

I can get you up to LME -5% if your amount is about 1kg.

SUSWintersuN
post May 17 2012, 08:56 AM

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Any industry news dat gold will keep dropping?


Added on May 17, 2012, 8:57 am157.93 for maybank now. Still the same as few days ago

This post has been edited by WintersuN: May 17 2012, 08:57 AM
Dackson
post May 17 2012, 09:01 AM

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gold move up ald ~ no more cheap gold ~
ronnie
post May 17 2012, 09:39 AM

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QUOTE(Veda @ May 16 2012, 10:07 PM)
There's a book by personal finance coach Azizi Ali. Forgot the name, but got Gold in the title lah.
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I have this book autographed by Azizi Ali himself... content wise very simple to understand. I found it only 4/10 in usability
TruthHurts
post May 17 2012, 09:56 AM

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QUOTE(Dackson @ May 17 2012, 09:01 AM)
gold move up ald ~ no more cheap gold ~
*
Still ok consider last time .. I think i will buy gold at 3pm. I want to see the trend first before purchasing. Buy at the last minute is better since gold price update will owes be next day.

SUSendau02
post May 17 2012, 09:59 AM

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take 1/2 day off n head to uob to get my share
Dackson
post May 17 2012, 10:05 AM

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QUOTE(TruthHurts @ May 17 2012, 09:56 AM)
Still ok consider last time .. I think i will buy gold at 3pm. I want to see the trend first before purchasing. Buy at the last minute is better since gold price update will owes be next day.
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why 3pm ??
I cash out need 3 days ... >_<
TruthHurts
post May 17 2012, 10:09 AM

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QUOTE(Dackson @ May 17 2012, 10:05 AM)
why 3pm ??
I cash out need 3 days ... >_<
*
Opsss .. blush.gif forgot .. i use Public bank gold purchase via internet. Can purchase gold anytime and the result will be instant.

Even now going to buy while im working at sea... kui kuiii.. laugh.gif ..
Dackson
post May 17 2012, 10:12 AM

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For me i still think UOB gold is the cheapest one but not convenient for me >_<
TruthHurts
post May 17 2012, 10:21 AM

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QUOTE(Dackson @ May 17 2012, 10:12 AM)
For me i still think UOB gold is the cheapest one but not convenient for me >_<
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I would change mine to UOB cause of low spread but because it takes a lot of time just to go purchase there and i dont think i have the time to buy gold at the right price due to my work field. sad.gif





Dackson
post May 17 2012, 10:31 AM

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QUOTE(TruthHurts @ May 17 2012, 10:21 AM)
I would change mine to UOB cause of low spread but because it takes a lot of time just to go purchase there and i dont think i have the time to buy gold at the right price due to my work field.  sad.gif
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I'm not welling to pay more than RM2 spread price. It make me lazy ... It's very far for me to go to UOB and CItibank.
Nearest is CIMB, BIMB, Public, HL, AMMB, maybank, amanah saham (within 1-5min ++ distance).

TruthHurts
post May 17 2012, 10:34 AM

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QUOTE(Dackson @ May 17 2012, 10:31 AM)
I'm not welling to pay more than RM2 spread price. It make me lazy ... It's very far for me to go to UOB and CItibank.
Nearest is CIMB, BIMB, Public, HL, AMMB, maybank, amanah saham (within 1-5min ++ distance).
*
But also you need to use money for transport or other to reach there and buy with rm2 spread. Unless you buy at large amount, your expenses to go there might worth it. But buying small amount...... =.= ~~
Dackson
post May 17 2012, 10:37 AM

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QUOTE(TruthHurts @ May 17 2012, 10:34 AM)
But also you need to use money for transport or other to reach there and buy with rm2 spread. Unless you buy at large amount, your expenses to go there might worth it. But buying small amount......  =.= ~~
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Agree..
every 5g will be enough to cover the transportation fee.

This falling, I failed to speculate the lowest, last day to purchase, haiz ...
Waiting US signal .... haiz..

This post has been edited by Dackson: May 17 2012, 10:40 AM
whyee
post May 17 2012, 10:40 AM

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QUOTE(WintersuN @ May 17 2012, 08:56 AM)
Any industry news dat gold will keep dropping?


Added on May 17, 2012, 8:57 am157.93 for maybank now. Still the same as few days ago
*
the gold price, not only depends on the USD/gold/oz. the exchange rate of the usd/rm also very important. take consideration of both factors. now, usd/rm is at 3.11+/-.
even if gold go up to 1750us/oz but usd/rm 3.00, also no gain. (not much difference)


Added on May 17, 2012, 10:42 ambut if both gold up to 1750us and rm 3.2 and above, then the paper gold investment, only one word to describe. best.

This post has been edited by whyee: May 17 2012, 10:42 AM
SUSWintersuN
post May 17 2012, 10:43 AM

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UOB also not very convenient for me but the low spread is good.. Imagine can only make little profit from gold investment every cent counts.. Maybank spread too high cant really make profit

Im still waiting for it to go down more tongue.gif since not enuff cash for UOB gold invest

This post has been edited by WintersuN: May 17 2012, 10:43 AM
Dackson
post May 17 2012, 10:48 AM

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QUOTE(whyee @ May 17 2012, 10:40 AM)
the gold price, not only depends on the USD/gold/oz. the exchange rate of the usd/rm also very important. take consideration of both factors. now, usd/rm is at 3.11+/-.
even if gold go up to 1750us/oz but usd/rm 3.00, also no gain. (not much difference)


Added on May 17, 2012, 10:42 ambut if both gold up to 1750us and rm 3.2 and above, then the paper gold investment, only one word to describe. best.
*
totally agree.
My friend told me there is another one, the charge of GOLD for about 10% ? Wandering what charge it's ...

QUOTE(WintersuN @ May 17 2012, 10:43 AM)
UOB also not very convenient for me but the low spread is good.. Imagine can only make little profit from gold investment every cent counts.. Maybank spread too high cant really make profit

Im still waiting for it to go down more tongue.gif since not enuff cash for UOB gold invest
*
same here. go in before QE effect really in
whyee
post May 17 2012, 10:51 AM

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QUOTE(WintersuN @ May 17 2012, 10:43 AM)
UOB also not very convenient for me but the low spread is good.. Imagine can only make little profit from gold investment every cent counts.. Maybank spread too high cant really make profit

Im still waiting for it to go down more tongue.gif since not enuff cash for UOB gold invest
*
put it this way, you said 'since not enough cash for uob gold invest'. is the hassle of going to a bank branch good for you?
petrol, time, etc?? buying anything lesser than 50gm, even after positive gain minus all the effort, is it worth while.
Just saying.

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