Gold investment corner v4, Will gold price achieve USD2000 by 2012?
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 Feb 1 2012, 07:50 PM
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#1
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Junior Member
22 posts Joined: Jun 2010 
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QUOTE(kelvyn @ Feb 1 2012, 04:16 PM) No need to have 3k to start investing. As long as you have the cash to purchase the min of 20grams (UOB or PB) or 1 gram (Maybank)... But there's no intrinsic value in gold... As in it won't pay you dividend or keep growing (unless you foresee real demand growing)... More worth it to put in consumer stocks. |
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Feb 2 2012, 08:31 AM
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#2
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Junior Member
22 posts Joined: Jun 2010
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QUOTE(potenza10 @ Feb 1 2012, 07:53 PM) Yes..the gold is not growing but the price is increasing. That's the problem... Unless you can foresee buying low and selling high, there is very high element of risk involved for something you can't measure the value and can only speculate... |
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