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Gold Investment Corner V7, all about gold
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icemanfx
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Feb 14 2014, 02:04 PM
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QUOTE(prophetjul @ Feb 14 2014, 02:02 PM) Since you wrote this, gold has gone fro $130.92 to $137.90. That's 5.34% in a matter of 11 days. No one is ever sure about gold's move If the momentum is maintained, it could gain over 100% by year end. Buy, buy, buy!
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max_cavalera
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Feb 14 2014, 02:15 PM
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i'd recommend park ur fund into gold around 5-10% of ur total worth...the market is volatile and tension between nations is rising currently...what more with more n more country is in civil unrest...when at worst war happen example US on Ukraine and Russia...ppl would dump equities and hoard commodities....food,shelter(house) oil, heck even gold....
we'll see what happen on July to Septmeber 2014 of this year wether a new trend pattern is in the midst of being develop...the early signs is there as people behave with their money...
This post has been edited by max_cavalera: Feb 14 2014, 02:15 PM
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wil-i-am
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Feb 14 2014, 04:17 PM
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Gold futures contracts maintained their upward momentum to remain higher at mid-day, dealers said.
At lunch break, February 2014 was 28 ticks higher at RM139.35 a gramme, March 2014 rose 30 ticks to RM139.60 a gramme while April 2014 increased 32 ticks to RM140.00 a gramme.
Turnover was at 248 lots while open interest totalled 2,003 contracts.-- Bernama
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sovietmah
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Feb 14 2014, 04:19 PM
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uob 141.60 / 138.30 now
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icemanfx
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Feb 14 2014, 05:41 PM
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QUOTE(max_cavalera @ Feb 14 2014, 02:15 PM) i'd recommend park ur fund into gold around 5-10% of ur total worth...the market is volatile and tension between nations is rising currently...what more with more n more country is in civil unrest...when at worst war happen example US on Ukraine and Russia...ppl would dump equities and hoard commodities....food,shelter(house) oil, heck even gold.... we'll see what happen on July to Septmeber 2014 of this year wether a new trend pattern is in the midst of being develop...the early signs is there as people behave with their money... If you are confident with your prediction, you should keep over 85% of investment in gold.
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TSdavinz18
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Feb 14 2014, 09:07 PM
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Gold bars found in plane toilet moved to Bank Negara as Indian authorities probe incident http://www.thestar.com.my/News/Nation/2014...to-Bank-Negara/
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kkid
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Feb 15 2014, 10:22 AM
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Getting Started

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GOLD is it importand ? Gold more valuable when economic crisis If u got GOLD just keep it U will not wastage
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max_cavalera
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Feb 15 2014, 12:57 PM
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QUOTE(icemanfx @ Feb 14 2014, 06:41 PM) If you are confident with your prediction, you should keep over 85% of investment in gold. no one is ever 100% sure of their prediction even expert  ... im just being alert as 60% of my capital is holding trust fund equity frm US and global develop market...40% is onstandby mode in my cash mgmt fund...if it hits rm150 before june this year...something serious is brewing n i might cashout my equity fund...dnt want a sudden major selloldown inequity to ruin my portfolio...
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lamode
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Feb 15 2014, 01:37 PM
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QUOTE(kkid @ Feb 15 2014, 10:22 AM) GOLD is it importand ? Gold more valuable when economic crisis If u got GOLD just keep it U will not wastage  gold spot now at $1319. not bad for the week!
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max_cavalera
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Feb 15 2014, 04:16 PM
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QUOTE(lamode @ Feb 15 2014, 02:37 PM) gold spot now at $1319. not bad for the week!  based on my personal research...gold will continue to steadily rise(but nothing remarkable) until early september 2014...of which id recommend you guys sell gold anywhere after that...coz after this that the confidence of investor is going to shift back their money to the US stock market  ... ill dump around 2-3k on amprecious metal trust fund next monday and see wether my analyst5 is right or koyak later haha
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kkid
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Feb 15 2014, 06:23 PM
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Getting Started

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QUOTE(lamode @ Feb 15 2014, 01:37 PM) gold spot now at $1319. not bad for the week!  As im n still im ... Keeping n Holding the gold metal
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SUSsylar111
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Feb 15 2014, 09:24 PM
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QUOTE(icemanfx @ Feb 14 2014, 05:41 PM) If you are confident with your prediction, you should keep over 85% of investment in gold. I have done almost that. In fact I would have done that if I went to visit the shop last Friday. I am prepared to put 100% of my current networth in it. I do not see what other investment can be as obvious as this one. This post has been edited by sylar111: Feb 15 2014, 09:26 PM
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Mr Gray
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Feb 15 2014, 09:55 PM
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Don't think gold will rise so much this year or even the year after. The thing with gold is that, the price will only rise when the global economy is in a rout. The worse the economy, crisis, war etc, the better for gold. The U.S. is in a much better shape this year. Its recovery is getting traction. In Europe, there is no more rumour about breakup. Japan is so so, China hmm still not so bad. Unless there is a major negative event around the corner, rest assured gold is not gonna go up that much. Don't believe me? Put 20 years of historical gold prices into excel, and see when the prices went up and down.
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lamode
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Feb 15 2014, 10:18 PM
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QUOTE(Mr Gray @ Feb 15 2014, 09:55 PM) Don't think gold will rise so much this year or even the year after. The thing with gold is that, the price will only rise when the global economy is in a rout. The worse the economy, crisis, war etc, the better for gold. The U.S. is in a much better shape this year. Its recovery is getting traction. In Europe, there is no more rumour about breakup. Japan is so so, China hmm still not so bad. Unless there is a major negative event around the corner, rest assured gold is not gonna go up that much. Don't believe me? Put 20 years of historical gold prices into excel, and see when the prices went up and down.  at the same time, i don't see anything going to push it go below $1200 tho
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SUSsylar111
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Feb 15 2014, 10:24 PM
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QUOTE(Mr Gray @ Feb 15 2014, 09:55 PM) Don't think gold will rise so much this year or even the year after. The thing with gold is that, the price will only rise when the global economy is in a rout. The worse the economy, crisis, war etc, the better for gold. The U.S. is in a much better shape this year. Its recovery is getting traction. In Europe, there is no more rumour about breakup. Japan is so so, China hmm still not so bad. Unless there is a major negative event around the corner, rest assured gold is not gonna go up that much. Don't believe me? Put 20 years of historical gold prices into excel, and see when the prices went up and down.  Talking without using your brain. I am just wondering. If you even understand why gold and silver price shot up yesterday. I guess many people are actually expecting the QE to continue. Go ahead, imagine that the global economy is in not a rout when an increase in interest rate is going to destroy everything. haha. All of the things you just said will likely happen. China not bad? ok. haha Yeah we need more people like you to "drive" the price down. I hope the price continue to be down though. I get more worried because prices are getting "high"
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icemanfx
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Feb 15 2014, 10:26 PM
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QUOTE(sylar111 @ Feb 15 2014, 09:24 PM) I have done almost that. In fact I would have done that if I went to visit the shop last Friday. I am prepared to put 100% of my current networth in it. I do not see what other investment can be as obvious as this one. It is still not too late to visit the shop on next Monday. This post has been edited by icemanfx: Feb 15 2014, 10:28 PM
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SUSsylar111
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Feb 15 2014, 10:27 PM
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QUOTE(icemanfx @ Feb 15 2014, 10:26 PM) It is never too late to visit the shop on next Monday. I am visiting this coming Monday in fact. But damn. the profits I could have made if I visited on Friday. But never mind. I expect much greater profits end of the year. Even 65% of my networth is probably much more then 100% of yours. I had 65% of that already in PM on Friday before the run. This post has been edited by sylar111: Feb 15 2014, 10:29 PM
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icemanfx
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Feb 15 2014, 10:30 PM
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QUOTE(sylar111 @ Feb 15 2014, 10:27 PM) I am visiting this coming Monday in fact. But damn. the profits I could have made if I visited on Friday. Make less is better than none, good luck to you! 100% commitment!
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icemanfx
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Feb 15 2014, 10:32 PM
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QUOTE(sylar111 @ Feb 15 2014, 10:27 PM) I am visiting this coming Monday in fact. But damn. the profits I could have made if I visited on Friday. But never mind. I expect much greater profits end of the year. Even 65% of my networth is probably much more then 100% of yours. I had 65% of that already in PM on Friday before the run. Only if you know how much is my networth.
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lamode
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Feb 15 2014, 11:14 PM
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QUOTE(icemanfx @ Feb 15 2014, 10:32 PM) Only if you know how much is my networth. can to tell whether above 1 mil or not?
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