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

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kelvyn
post Dec 15 2011, 05:07 PM

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rclxms.gif making some pocket money.. biggrin.gif

This post has been edited by kelvyn: Dec 15 2011, 05:08 PM
kelvyn
post Dec 15 2011, 10:10 PM

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just a bit lower only...
kelvyn
post Dec 16 2011, 10:13 AM

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QUOTE(bamkai @ Dec 16 2011, 10:19 AM)
~165/g now can buy ar
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Nobody can tell for sure if it will be going up or down today.. So, you have to make your own decision and live with it smile.gif
kelvyn
post Dec 16 2011, 11:19 AM

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QUOTE(SmokyDiscount @ Dec 16 2011, 11:46 AM)
I saw the price at Public Bank

Sell: RM 165.8900
Buy" RM 159.2700
Different: RM6.62
I check on UOB, selling as
Sell: 163.90
Buy: 161.90
Different: RM2
What is the different btw this 2 bank selling? In the senario above, look like UOB selling cheaper and the different also lesser.

Can any one give me some comment here?
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The main advantage that I see PB over UOB is that PB has online transaction. This saves you the hassle of going to the bank and getting parking...
Another is that UOB has min transaction, etc. Go check out UOB's website to understand better

This post has been edited by kelvyn: Dec 16 2011, 11:21 AM
kelvyn
post Dec 27 2011, 11:39 AM

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Don't know if it will go below 1500 or not?
kelvyn
post Dec 27 2011, 02:30 PM

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QUOTE(pick11 @ Dec 27 2011, 03:13 PM)
maybank now got online application for the gold account right?
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From what I know, for banks, only PBB has online transactions. Others, are over the counter.
kelvyn
post Dec 28 2011, 09:16 AM

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Anyone managed to convert their paper gold to physical gold from the banks? I mean the same bank from where the paper gold was bought.
What would be the charges?
Cos when asked the bank, they cannot give an answer. They only say that they will need to check.
Understandable that this will depends on the current gold rate, but there wouldn't the bank have a standard surcharge or like that? Anyone can clarify?
kelvyn
post Dec 30 2011, 11:30 AM

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FD is for low risk takers... biggrin.gif
kelvyn
post Dec 30 2011, 02:19 PM

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QUOTE(zest168 @ Dec 30 2011, 02:33 PM)
Hi everyone, just need some advice, apart from investing in Gold or property, what else is good investment for long term? I dun believe in stocks anyway.

Thanks.
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Invest in properties tongue.gif
kelvyn
post Jan 1 2012, 09:36 PM

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Bank will only buy back the physical gold that the sell you.
kelvyn
post Jan 2 2012, 10:01 PM

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Try here
Buying Gold As Investment V2
Buying Gold As Investment V3

kelvyn
post Jan 3 2012, 02:21 PM

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QUOTE(kelvin_hata @ Jan 3 2012, 02:05 PM)
im goin to uob later... how ya go direct to their counter or?? hmm...
sorry for my 1st time wub.gif
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You need to open a UOB gold account first.
Min initial deposit is 20 grams. Subsequent transaction in multiple of 5 grams.
You will need to maintain min balance of 10 grams in your account.

kelvyn
post Jan 4 2012, 09:15 AM

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QUOTE(kelvin_hata @ Jan 4 2012, 02:27 AM)
Uob let you choose with or without bank book for saving account.

When you purchase gold from them, they will giv you some kind like "fixed deposit" type paper show that how many gm and wat price you buy. Tat y we called paper gold.

No limit for per days transection, follow by bank operation hours. But better do any transection before 4pm.

For me, cont for paper gold is we cant called the branch and lock the gold price. sad.gif not lik last time i buying gold bar can lock the gold price i like. Feeling like have to sit at branch and monitor their gold price. Lol
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At PBB, you could do your gold transactions online. Just need to sit in front of your PC and click the mouse. tongue.gif
kelvyn
post Jan 5 2012, 08:33 AM

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QUOTE(monara @ Jan 4 2012, 11:46 PM)
u mean public bank? they also have online service website like MB, cimb?
erm, may i know do we need to have money account with them in the 1st place, for using the online transaction?
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Yup. Public Bank. They have online gold account. Of course you need to have money in your account before you can do your gold online transactions laugh.gif
kelvyn
post Jan 5 2012, 09:27 AM

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QUOTE(richardt3o @ Jan 5 2012, 10:05 AM)
What's the price per gram now? Is it worth the investment now?

So let's say I buy at RM180. And it rise to RM200. Everyone can sell at RM200? Or we must wait for buyer to buy our paper gold? Or it's just me and bank?
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Maybank - here

UOB - here

Public Bank - here

Buy & sell is just between you & bank. tongue.gif
kelvyn
post Jan 5 2012, 05:48 PM

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so, should start buying when it drops tongue.gif
kelvyn
post Jan 6 2012, 09:26 PM

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QUOTE(TSOM @ Jan 6 2012, 07:14 PM)
Anyone knows if UOB allows online transactions for buying and selling of Gold?
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All of UOB gold transactions are at their bank counters. No online smile.gif
kelvyn
post Jan 6 2012, 09:44 PM

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QUOTE(TSOM @ Jan 6 2012, 10:33 PM)
Are you serious? So public bank is the only bank that provides online buying and selling of gold?

Btw, is there anyone who is experienced in ETF gold trading?
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I am also hoping that UOB will have online transaction one day...
So, till the day comes, have to do them with Public Bank
kelvyn
post Jan 8 2012, 08:07 PM

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For online gold transaction only available at Public Bank. Even UOB does not have online transaction.
kelvyn
post Jan 9 2012, 09:10 PM

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QUOTE(rusydi3289 @ Jan 9 2012, 06:45 PM)
if i want to start with maybank gold investment, what should i do?
what the minimum values i can buy?
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Check out here...

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