Public bank rate a bit high oh...

Err... not me raise the issue of saying bank can default, COMEX default issue, paper gold is not safe, paper gold is milking money etc.
Not me..
OK, no point talk further... just like previous discussion, let's wait.

If the gold is stored in house, and house destroyed due to flood, tsunami, your physical gold may gone together, this is what I mentioned, but paper gold in bank account, still intact despite house destroy, Tsunami, burn down etc.
I am not talking of house value losses due to disaster. I am talk physical gold loss due to disaster happened.
This is the advantage of paper gold over the physical.

LOL, ask a security constant how to secure my stuff?
I am small fry, I am not storing a few Kgs or ten Kgs or tons, security constantly?
Like movie, open up giant security vault then require finger print with multiple coding?

Security constant care about me?
Ask security constant how to secure a few ten or hundred gram of my physical gold?
I don't want become a joker for them.

Bank safe deposit is not 100% safe as well, bank may not pay full compensation of your few kgs stored in bank safe deposit box.
We had case of safe deposit box being stolen as well.

Again, I can understand the reason why one wants physical, but paper gold got its usage/function, especially for small fry like me.

This post has been edited by cherroy: Dec 15 2011, 02:22 PM

Which bank has the lowest spread?

I just don't believe this. Today's price is the price of few months back, not the lowest, indeed. However I think this would be the best and safe time to buy. We don't know how much will it shoot up tomorrow. And we also don't know whether it will drop down more tomorrow

UOB.

UOB. Minimum initial investment, 20gm. Minimum balance in account, 10g

Cherroy, do u think that GOLD Price will drop further ?

oh yess, the goldwagon is back, finally i wld say!!! time to board but with mix feeling. why?? bcos of this:-

sold off at 1744(pbb163.82), now enter 1572(uob164.00).. folks! u see what i'm puzzling?

Maybe u are collecting profit from each of cycles, i guess?

Dude, the price also depends on US currency.

U sell at $1744 maybe exchange rate is rm3.10,

Now u buy at $15xx but exchange rate is rm3.18,

Like that lor.. Some more when u sell at pb bank... U loss for the spread oso...

lol what happen to gold & eurusd ??

this question asked 92389845 times already...

Some ppl just don't bother to search first. All want to be spoonfed.

like an infant

Hopefully the price will go lower so tomorrow I can go bank and top up.
Today no time to go bank.

sold at (RM165.7 PBB) last time now bought back at RM 163 (MBB).....just now down to even USD 1564 per ounce....

This post has been edited by desmond_fantasy: Dec 15 2011, 04:40 PM

sold at 176 previous now enter back 166....

making some pocket money..

This post has been edited by kelvyn: Dec 15 2011, 05:08 PM

buy buy buy

Hi, is the online pbb price same with the publish rate here: https://www.pbebank.com/en/en_content/perso...goldinvest.html?
i saw from pbb website said can get discount price thru online pbb....

thanks!