bought weeks ago RM167.5 from pbb

dont tell me now they start trying to drop it until RM140 level which i predicted early of the year

basically physical gold, any buyers can accept or reject your gold.
it does not necessary following the retail price.
buyers will try to nego your price below market value 20-30% (if you are lucky)
Like those gold smith shop like poh kong, they have a union where they only buy back the gold you buy from them in a better price ( not same or higher than retail price).
If you bring those gold which does not came from the union, very likely they will offer you a big cut if you wan to sell them your gold...

simple... after the gold rush, people start getting more confidence in local investment like properties or stock market...
gold is just the last thing they will invest into it when they lost confidence on the other investment field...
the more stable the other investment are, the more investors will cash out from Gold...
besides, is a safe heaven investment due to the fact that it is rare...
new technologies are coming in and the usage of Gold will be less, including recycling Gold from electronic circuit board...
Gold price will be more stable in the future...
Panic also a major cause in the previous Gold rush...

open a gold investment account from either maybank or public bank... then you can start buy your first 10gram GOLD !!!

Gold Lost Shine

sos

the rush seems to continue...

jesus what a huge slide downwards...