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

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potenza10
post Jan 1 2012, 08:31 PM

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Correction.

Bank does buy back what they sell i.e kijang emas,maple,kangaroo etc
potenza10
post Jan 3 2012, 06:29 AM

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Yes.buy at 10am and sell back at 2pm no problem at all.the problem is just losing between rm2-rm6 per gram.
potenza10
post Jan 7 2012, 10:18 PM

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What to serbu? They are SELLING gold physically, not collecting public's money.theres no wrong by selling.if they collect money for such a scheme without license from SC, yes it is wrong.
potenza10
post Jan 9 2012, 12:21 PM

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Many place u can buy physical gold

1. Jewelleries shop i.e Tomei, Poh Kong, Sri Ayu...they also selling goldbar insted of jewelleries.

2. Public gold, GCP, Sri Ayu, Alliance Gold...u can search at internet for more info.

3. Join 'Gold Lot Shop' at fb..there is the place where people buy and sell physical gold.

4. Banks like UOB and Maybank also got gold coin i.e Kijang Emas, Aust Nugget, Canadian Maple..

Last but not least, just google it!
potenza10
post Jan 9 2012, 10:20 PM

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Maybe that is spot price lah..
potenza10
post Jan 9 2012, 11:32 PM

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Spot price is something like raw price if i'm not wrong...usually we refer to the graph...and when they sell an end product, of course it will include all other cost i.e minting, marketing, overhead cost etc for each company.that is why all selling price is different from each companies/banks.
potenza10
post Jan 10 2012, 01:54 PM

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Off course in different price bro..the purity is different.
potenza10
post Jan 10 2012, 06:10 PM

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How come my dinar is 999 purity? tongue.gif
potenza10
post Jan 10 2012, 09:31 PM

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Yes...its GCP
potenza10
post Jan 12 2012, 09:42 AM

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So lame question..directly can check either at website or this thread.i hear that, i hear this...sighhhhh...
potenza10
post Jan 13 2012, 12:17 PM

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Just join gold lot shop at fb and try to sell there...maybe grab intention since this is canadian maple coin
potenza10
post Jan 14 2012, 02:27 PM

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There u go...goldchan is here to buy your coin

potenza10
post Jan 17 2012, 12:46 AM

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I also dont have such money to buy 1kg to start in gold, and i believe many ppl out there just same like me...u can buy in small size/grams..
potenza10
post Jan 17 2012, 06:44 AM

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No need to buy 1kg for starter..1g,5g,10g,1/4oz,1/2oz,1oz, 1 dinar etc....

But if u dont prefer to buy physical,then go for paper lah..
potenza10
post Jan 20 2012, 03:12 PM

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1. Cannot.
2. Not sure..never close my GIA before.
3. Yes
potenza10
post Jan 21 2012, 06:35 PM

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How come to get interest if buy paper gold? So funny mehhhh biggrin.gif
potenza10
post Jan 21 2012, 11:43 PM

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QUOTE(izzudrecoba @ Jan 21 2012, 09:02 PM)
Hi czpin, welcome to the world of gold investment. We are more than happy to share our experience and knowledge in selecting the right bank for your gold investment.

As for me, I personally recommend UOB Bank for your gold investment due to the following:-

i. The lowest spread rate as compared to other banks (Price spread per gram is only RM 2, or 1.15%. Meaning that you are able to reap the highest profit from gold investment)

ii. Allow one to convert paper gold to a physical gold (conversion fee of rm150)

iii. Gold is one of the highest quality as compared to other banks (999.9)

iv. The lowest selling price as compared to other banks

v. Highest buying price as compared to other banks

The drawback is UOB required initial deposit of 20 grams and higher min balance of 10 gram in order to waive the annual fees and it is base on month end balance basis.
Here is the link for you to do your comparison in a greater detail:-

http://www.horlic.com/comparison-between-5...hoose-the-best/

As for where to observe gold's market for daily fluctuate, you can check here:-

http://malaysiagoldinvestment.blogspot.com/
Happy Investing!  thumbup.gif
Regards,
Izzud
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He just have 1k to start with.so,uob doesnt fit.

potenza10
post Jan 25 2012, 02:00 PM

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Go to www.sunnahmoney.blogspot.com and refer to the links given there.hope its help.
potenza10
post Jan 25 2012, 02:06 PM

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QUOTE(czpin @ Jan 25 2012, 12:47 PM)
Yar agree that ! both the maybank's buying and selling price are lower than market price . How to make investment -.-
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Investment takes time. Dont put a hope if u buy today and tomorrow want to sell to make a profit. It doesnt work.
potenza10
post Jan 25 2012, 07:09 PM

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MGIA is paper gold and u doubt about it..but want to move from physical to paper gold????


Added on January 25, 2012, 7:12 pm
QUOTE(czpin @ Jan 25 2012, 04:09 PM)
aha .. just notice about it xD  . Anyway,what bank did u all investing ? just curious to ask and also wan to know the popularity.
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i put in maybank..just give my money enough 'sleep' for this year. High spread? Hell yeahhh..i dont bother about it. At the same time, diverse to physical gold will be more fun!

This post has been edited by potenza10: Jan 25 2012, 07:13 PM

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