then many pppl buy gold will up

The markets don't care when your salary comes out....

what he mean is when whole M'sia ppl salary out...Whole M'sia ppl buy gold then gold market up..

Seem gold drop abit and abit

The markets don't care when Malaysians get their salary either....only China and India matters...

Market it's depend on demand...i knew that..

Yes, but u don't understand global markets at all if you think Malaysia makes any difference to gold demand. Malaysia is just a drop in the ocean when it comes to gold demand...

it's depend on US and EURO right? i just start do research enlighten me thx

This post has been edited by BlackPen: May 22 2012, 05:20 PM

gold drop.....have time to buy more...but not for long...T30 and 1hour out from market price....i thing it will go up when NY market open....in my opinion...

Yes, you're probably right.
I'm just saying. And it was an amateurish speculation, since last week gold spike, it was also around the time when some workers who get paid fortnightly got their salary.
Of course not everyone invests their wages on Gold.

I'm sorry if it sparked any arguments. Let's just be cool.

Yes, the economic conditions in the US and Euro, and perhaps physical demand from China and India..

lucky did not top up today... sudden drop US10 after 4.00pm.

was expecting it to drop since price did not break through USD1600/oz...

maybe will follow strategy of buying on Wednesday middle of the week...

Anyone still expecting USD2,000 by end of 2012?

i believe it will

wat the basis of your believe? Smart investor have a reason for everything.Invest is not same like gamble. If gamble means sure lose.

May 22 10.33

160.50 158.50

Haha, if investment is based on reasons, then all those analysts are rick people liao.

Yes, gold investment is like gamble. Sometimes you win, sometimes you lose. Gold is high risk investment. I would classify it as gamble

Gold is a "Gamble" Which will never reach "$0" unless alien takes over the world or someone can find a way to make gold out of a replicator (star trek)
A real Gamble is placing a bet into something which you have absolutely no idea how it will go and a chance to loose everything you have.

Sure you can loose by investing in gold. But there's always still value in them.

If your defination of gamble must include "losing everything", then i agree all investment is not a gamble.

For gold, it fits the first part of your defination, ie you have absolutely no idea on the rise and fall for the next minute.

But if you put in the second part, gold investment does not defined as such.

But to me, when an investment is high risk, it is a gamble. You can lose 80-90% of your value in gold investment. I have experienced that before. So i define gold investment as a gamble

i thing it will get the 2000 price at next year....will see how far it will go for 2012 ..Best of luck!cheear for all....