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

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potenza10
post Nov 13 2011, 11:28 AM

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Do we need to hv saving/current account in order to open gold account in public bank?
potenza10
post Nov 13 2011, 09:46 PM

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Sorry la boss..reading thru phone at the moment.cant see clearly the attachment.
potenza10
post Nov 14 2011, 11:49 AM

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Dear gold taikorsssss,

Currently have 10k in hand to spent for gold investment. Should i buy at this time or wait after Christmas eve ? (read thru some opinio, the price shall be lower after Christmas)

Thanx.


Added on November 14, 2011, 11:57 am
QUOTE(ooorait @ Nov 14 2011, 11:21 AM)
thx for the reply... so actually physical gold is like u purchase a gold ring for ur gf and gadai it when u dont have money la??

ok from the pic attached above, it seems maybank is the only choice that i can afford  sweat.gif  sweat.gif

but when i open the maybank website, it stated kijang emas and maybank gold investment..
whats the different? which one is better.. one is in oz, another in grams??
*
Dont get confused easily.Its clearly stated there, there are 2 types of gold by Maybank :

1. Maybank Gold Investment account - paper gold.go and bring money to open an account.then u just hold passbook to buy and sell in grams.
2. Kijang emas bullion coins - physical gold.Issued by BNM and comes in 3 size (1oz, 1/2 oz and 1/4 oz). 1oz = 31.1 grams...it is international standard.


This post has been edited by potenza10: Nov 14 2011, 11:57 AM
potenza10
post Nov 14 2011, 01:25 PM

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"Buy low, sell high"

If possible i can buy maybe rm5 cheaper from current price now, its a lot differences wooooo....
potenza10
post Nov 14 2011, 04:35 PM

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yes...maybank with maybank, uob with uob and so on...btw, what do u mean 'vary'?
potenza10
post Nov 14 2011, 05:32 PM

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QUOTE(ooorait @ Nov 14 2011, 04:55 PM)
different between one another.. or maybe the timing is different???
coz uob selling at 180, maybank is at 184..... lebih kurang la
*
yeahh..selling price are different from each banks...u can refer to this link for comparison...

http://goldabout.blogspot.com/p/malaysia-b...gold-price.html

This post has been edited by potenza10: Nov 14 2011, 05:40 PM
potenza10
post Nov 14 2011, 10:15 PM

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troy ounce
potenza10
post Nov 14 2011, 11:28 PM

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QUOTE(frankzane @ Nov 14 2011, 11:01 PM)
why each bank has their own selling price of gold?
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how to answer this.... doh.gif
potenza10
post Nov 15 2011, 03:10 PM

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All got pros and cons..uob price is lower but entry cost is high..20g to open account.but maybank just need 1g to open and subsequent buy is 1g.so,its more convenience for those with low budget.
potenza10
post Nov 15 2011, 06:02 PM

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yesssss...i'm waiting with my bulletssssss...
potenza10
post Nov 16 2011, 02:46 PM

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QUOTE(basSist @ Nov 16 2011, 10:54 AM)
anyone buying physical like gold bar or gold coin instead of buying the paper account gold?
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I got both, physical and paper gold..maybank gold account, kijang emas and public gold dinar icon_rolleyes.gif


Added on November 16, 2011, 2:47 pm
QUOTE(Alexdino @ Nov 16 2011, 09:29 AM)
not really will reach 170 anytime soon..
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i"m hoping at least 170-175 between nov and dec timeframe....


This post has been edited by potenza10: Nov 16 2011, 02:47 PM
potenza10
post Nov 16 2011, 09:23 PM

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Then, go for paper gold lah..no headache even less profit compare to physical gold which can be sold at secondary market.

But did u ever think same question had in investors mind in 10yrs back? So mahal nowadays but still ppl buy..andddddd when the price will go higher, there will be an alternative method to buy gold like what we have today -paper gold!


Added on November 16, 2011, 10:57 pmPrice is fall below RM180..!!

This post has been edited by potenza10: Nov 16 2011, 10:57 PM
potenza10
post Nov 17 2011, 10:54 AM

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Hoping today will drop a bit la..aiyohhh,cannot tahan anymore..
potenza10
post Nov 17 2011, 09:03 PM

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Its going down...
potenza10
post Nov 17 2011, 10:40 PM

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Gold is tougher than money.thats it.
potenza10
post Nov 18 2011, 08:35 AM

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Are u sure about the house price example, cherroy?
potenza10
post Nov 18 2011, 12:15 PM

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Enter market....!!!
potenza10
post Nov 18 2011, 04:26 PM

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QUOTE(ooorait @ Nov 18 2011, 03:06 PM)
still havent bought it cos people say will drop summore..

just wanted to know why no need to worry if holding real gold than bank book gold..

many things i still dont know.. sorry for my noob question blush.gif  blush.gif
*
if u still not make 1st move to buy, u will not get the feeling.just make a move rather than to listen to others prediction bla bla bla..

Btw, i place an order 10g gold and 100g silver from public gold today...lalalalalalala...
potenza10
post Nov 18 2011, 07:43 PM

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Dont argue too much la about economy will collpase until money is worthless to buy food.there is no such thing will happen....haiyaaaaa...
potenza10
post Nov 18 2011, 10:56 PM

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How greece people buy food when their economy collapse?

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