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

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eugenetwh
post Feb 1 2012, 02:34 AM

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Im still studying in uni... actually. isit ok if i use my allowance to buy 1gm of paper gold every month from maybank... im looking for long term thingy... or do i need to monitor the market every now and then....

OR

isit better if i just throw all my extra allowance into the bank or get saving policy from prudential. hmm.gif hmm.gif

thanks notworthy.gif

This post has been edited by eugenetwh: Feb 1 2012, 03:03 AM
eugenetwh
post Feb 1 2012, 10:07 AM

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its not really my emergency funds... think of it as surplus from my allowance... im looking at 10-15 years. haha... its more like "saving" for the future to me...
eugenetwh
post Feb 1 2012, 09:29 PM

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QUOTE(GoldChan @ Feb 1 2012, 11:14 AM)
gold is very low margin business.
If one play with very little capital, then one can easily loses out to forex.
A few point changes in forex will wipe out all the profit you make.
Sometimes, for dealer who sell 1 kilo bar, the profit only RM500 - RM1K with the risk of RM170K
tough business.

Added on February 1, 2012, 11:16 am
buy better food and books. Got spare $ go travel locally or regionally. forget about the saving as it won;t make much differences.now u got time, spend it on travelling lah.
*
aiya... food book all those got allocation ady... its all surplus from my allowance... takkan all spend on fine dining and stuff meh? if its even enough for those... just wanna save the money or probably make some in the long run... smile.gif
eugenetwh
post Feb 1 2012, 11:47 PM

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800 to get bout 4grams gua... doesnt have to be every month top up. no?
eugenetwh
post Feb 2 2012, 09:42 PM

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i think im sticking to prucash for now... dun like the idea of the price fluctuating. nanti i tak jadi makan tak lena teedor... the my studies FUBAR... =P


eugenetwh
post Feb 3 2012, 12:19 AM

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based on my
Powered by Galmarley (chart)

its 1759.57 USD / oz

eugenetwh
post Feb 4 2012, 12:41 AM

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QUOTE(PUPUMAMA @ Feb 3 2012, 11:34 PM)
Thanks for the info, seems like it gonna increase again.
*
LOL!!! its 1740... might be dropping more...
eugenetwh
post Feb 4 2012, 01:08 AM

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QUOTE(PUPUMAMA @ Feb 4 2012, 12:58 AM)
@.@"
Time to buy or unload?
Really hard to predict.
*
i'll just buy when i feel its time to buy... =)

thou im still doing some homework... haven got my first gram pun. haha

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