people say buy and invest means we buy gold and keep it for a longer time

ya if we could find good source and medium, why not.we cud experience the thrill in selling and buying gold

sometimes we are not sure that banks with gold savings account really have that 'gold' if we ask for it.of course when we ask for it is when we need money derived from benefit of the gold we invested.usually they only put the name on the savings concept and let people assume its a GSC.

invest in physical gold is still the best for its stability.paper gold can be manipulated by irresponsible people and if you recall when we had the case 'spekulator matawang' our money value dropped and inflation rise

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Added on December 11, 2011, 6:04 pmim not saying that GSC is not safe compared to savings account..just saying that some bank dont really have physical gold when we ask for it or for withdrawal.like maybank, they dont provide those kind of gold withdrawal but why other bank can? and what we gonna do with the gold its up to us..furthermore GSC suits for big money investor cause it will be safer to put their investment in the bank rather than keeping it ourself

This post has been edited by hit47: Dec 11 2011, 06:04 PM

the prices of gold also got effect from USD. they behave in opposite way. if USD rise, gold price will drop. in some way gold price merely have same situation with Greece

so true...we should look for a long term goal.buy and keep gold for a longer time.

This post has been edited by hit47: Dec 13 2011, 12:35 PM

price per oz, graph and chart as well as daily price can be found here

This post has been edited by hit47: Dec 14 2011, 01:37 AM

1638 now..is it possible to get lower? thinking of buying more..

hope it hold at current situation until my pay day...its crazy if we dont buy when the price gets lower like now

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Added on December 14, 2011, 2:45 pmby the way what type of gold you wish to buy at rm170.is it 999 or 916 or bar etc?

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Added on December 14, 2011, 2:46 pmwish to know

This post has been edited by hit47: Dec 14 2011, 02:46 PM

so true...lets hope it will drop more so we have the chance to buy more

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Added on December 14, 2011, 10:10 pm1623/oz now...man this is going crazy..

This post has been edited by hit47: Dec 14 2011, 10:10 PM

its time to buy..no waiting anymore if it does happen

owh man its 1572 i really hope it could lasts in this situation until monday

dont think it could hit that high position in 1 night

waiting for monday....

what do you guys think about tomorrow..will get lower?

from what ive been told and what i read, usually gold prices will raise during festive season like CNY..

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Added on December 16, 2011, 10:15 pmits gonna rise again.going up to 1593..

This post has been edited by hit47: Dec 16 2011, 10:15 PM

hi...i think you should consider investing in silver also.because apart from gold, silver is the 2nd precious metal that we should be investing.plus..silver is more..more cheaper than gold.read this report. http://silverprice.org/silver-price-history.html you can see history of silver price in 6 months,1 year,2 year.5 year and etc2. you could find silver as investment forum at LYN also.
http://forum.lowyat.net/topic/2053178

this link will give you a reason to consider silver apart from gold also http://www.rahsiaemasdanperak.com/jomniaga.html

This post has been edited by hit47: Dec 31 2011, 02:42 PM