Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

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

views
     
thomas
post Jan 19 2012, 12:59 AM

Casual
***
Junior Member
307 posts

Joined: Jan 2003
From: Tmn Sri Rambai,BM,Penang


my 1st physical gold bar investment ...

rclxms.gif PAMP Swiss Gold...
Attached Image
Attached Image
thomas
post Jan 20 2012, 09:39 AM

Casual
***
Junior Member
307 posts

Joined: Jan 2003
From: Tmn Sri Rambai,BM,Penang


QUOTE(janetllc @ Jan 19 2012, 01:33 PM)
Is it 100gm ? how much you bought it ? interest/hibab?
*
RM 6200, 1 troy ounce = 31.1gram


Added on January 20, 2012, 9:40 am
QUOTE(xproc @ Jan 19 2012, 03:50 PM)
its 1 oz so obvious


Added on January 19, 2012, 3:53 pmvietnam dong have interest rate 14%... yet people scare to put money in... the interest cannot cover the devaluation of the currency and inflation of the country..

their government ban imports of gold... which is hedge against inflation... their internal gold price always higher than world prices.
*
bought from Tomei Goldsmith

This post has been edited by thomas: Jan 20 2012, 09:40 AM
thomas
post Jan 20 2012, 09:42 AM

Casual
***
Junior Member
307 posts

Joined: Jan 2003
From: Tmn Sri Rambai,BM,Penang


QUOTE(ronnie @ Jan 19 2012, 03:59 PM)
Did you buy it locally ?... worth >RM5k
*
yup, RM 6200 incl labour.

market price RM 198 per gram x 31.1gram + labour RM 50, round adj -RM 7.80
thomas
post Jan 20 2012, 10:00 AM

Casual
***
Junior Member
307 posts

Joined: Jan 2003
From: Tmn Sri Rambai,BM,Penang


QUOTE(xproc @ Jan 20 2012, 09:47 AM)
i think you can easily save more than 10% if buy here... but i not sure they got 1oz bars anot...

http://1stopgold.com.my/index.php?option=c...tid=4&Itemid=24
*
it has terms and regulations..

if buy from Tomei when sell back anytime, Tomei offer -8% exchange with gold product and -13% for cash.
if buy from Tomei and want to sell to others gold shop like Habib/ Poh Kong ,they eat back @ -18 to -25% for cash.

why PAMP... international regonize gold. say one day Malaysia in war, I take this and migrate to others country and this piece of gold is much much much worth than Malaysia gold (Msia made 999.9 gold)


Added on January 20, 2012, 10:05 amphysical gold bar is consider medium term for investment, I remember 6 years ago, my first work after I graduated from secondary school , I went to make survey in Complex & Malls, I did enter gold shop, the price shown RM 87 ONLY for 999.9 gold per gram..

This post has been edited by thomas: Jan 20 2012, 10:05 AM

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0486sec    0.28    7 queries    GZIP Disabled
Time is now: 4th December 2025 - 05:51 PM