I am not jelly.

I bought gold in 2002 for $230 p oz....how can I be jelly?

No need to shew off..........

wow, jewel gold 916 shoot from rm155/g last sunday with new rate rm165/g since this monday.

luckily i purchased a 20g gold ring at rm145/g + rm4/g(labour) using 12 months 0% installment

how cool

Physical gold? Wow, now I'm damn jelly u d.

no need to jelly........just follow yer investment instincts

I'm b4 you, ...1991.

The problem with the accumulation of physical gold is when you want to sell them.

That's nice............but you would have been, as Cherroy always pointed out, suffering for many years.

Gold as a part of investment is fantastic and it's my hopeful wish to get into it again soon.

When I was younger, I can only afford to pickup 1 piece at a time every several months setting aside 8% of my income monthly so, I feel awesome whereas others might have just spend all their income away, instead.

By the way, Cheeroy should never have seen the cup as half empty.

This post has been edited by MOBAJOBG: Aug 21 2013, 10:18 AM

I'm sure there's way to sell it. Imagine everyone hoard gold, and the market is out of it.

I presume at the time you were probably buying Kruggers, Maples, Pamps or Eagles?

I was studying gold from 1998 to 2000 before taking the plunge in 2002.
This was after the asean crisis in 1998.

Interesting times in the last 10 years.

Cherroy was sharing his pains.....cant see the full half.

This is real life experience.
I am not discourage people to have gold, in fact, I always view gold is a good option for asset allocation/diversification.

Just do not take for granted having gold must inflation hedge or must go up, as gold had its own lost decades as well.

Whether I see it is half empty or not, it doesn't matter, as said, this is experience people had gone through.

There is risk associated with gold investment, aka I am not fear about gold price plunging but the main risk is price stagnation.

You can say I was born at the wrong time.

Difference experience gone through by individual, may have different view.
When the cup is half, either half full or half empty also right.

Once bitten by snake, then always wary about snake.
So I am more cautious towards gold. But still gold is can be good alternative asset.

I think life experience does not equate fundamentals of investing.

Indeed, one cannot take for granted investing in ANYTHING, not just gold for the matter.

Maple leaf, of course.

Well, you're right on the money of gold trail remarkable ascension ...incredibly wonderful the timing of your "gold" entry couldn't be any better.

Sweet times, indeed as I'd recalled having taken the plunge in year 2000 (so I understood and shared similar suffering for the longest time of price stagnation that Cherroy's had undergone) with all the profits gained from our country's stock exchange superBull run of year 1993.

This post has been edited by MOBAJOBG: Aug 21 2013, 02:07 PM

Hi,
I'm new to this topic..
Just want to know something about physical maple gold coins from UOB..
If i bought it from malaysia, can I sell it in other countries like UOB in Singapore?
Will there be any extra charges or will it just follow the table from their website?

Many bought gold to defense increased of fiat money supply by QE. As QE tapering is imminent, does it mean gold price will drop further?

This post has been edited by icemanfx: Aug 22 2013, 03:21 PM

Market generally move ahead before real action being taken one.

Since the word "taper" coming out, we already see how gold price tumbling down from 17xx to 14xx.

End of QE means rise of interest rate, will make holding gold even more unattractive.

I have a feeling they will punch thru 1400 tonite ...or close

Gold up after U.S. jobs data

Gold rose on Thursday as the dollar trimmed earlier gains and U.S. Treasury yields moved lower after U.S. jobless claims showed a rise last week, taking some steam out of expectations the Federal Reserve would taper monetary stimulus in September.

Traders said that strong demand from the major Asian gold consumers, notably China, and a reversal of outflows from gold-backed exchange-traded funds could give the metal a boost.

Jitters over precious metals supply are also rising in South Africa, source of three out of four ounces of the world's platinum and the world's sixth largest gold producer.