U won't lose if u don't sell. I will buy more when it goes down to lower my average. Then sell once it goes up and make some profit

how to know when is the lowest and determine how much to restock?

sorry just a beginner here ..

Spread is lower yes. But MGIA is more convenient to me. How big is 1g of gold? I'm sure u can find someplace to keep in ur house. Unless u r talking about 1kg gold bar. Physical is better coz u can sell to whoever u want without worrying about spread. I can sell to investors at spot price. I see it this way, banks can increase their spread anytime they want in order to discourage u to sell when spot price is high. They can make any rules they want.

No one knows when is the lowest price. The best is u just buy based on ur holding power and follow ur own strategy. One thing for sure is do not loan money to invest. Coz u won't know when u will be getting ur money back.

will it possible keep stick around 110 120 ? for few months time

When u say "might" I presume u haven't bought from UOB bullion before. In pg, there's only one branch selling gold bullion but I have been asking for more than a year and they never had stock. So the price list are basically for see look or if u want to sell to bank only. Same for Maybank, they hardly have stock, and when they have stock, it might not the price you want to buy. So u need luck to wait for the price to go down plus they have stock.

I'm not sure bout KL, anyone know?? Do they always have stock in hand?

There's no definite answer to that. Do more reading and research urself. Don't just listen to what ppl say. No one in the world knows what is going to happen.

No idea about PG, but UOB branch near my place got stock when i called up. Now waiting right price drop drop drop to enter.

Apart from UOB, you guys can try Al Rajhi Bank as they normally have stock and they sell physical gold too. Pamp suisse 999.9 minted bars.

Arabian banks? hmmmm, im still prefer Singapore banks any time.

Gold futures contracts opened higher today on renewed buying interest for the precious metal.

At 9.35am, April 2014 gained three ticks to RM135.05 a gramme, while May 2014 also added three ticks to RM135.30 a gramme.

Turnover amounted to 387 lots while open interest totalled 981 contracts.

However, physical gold fell 23 sen lower to RM130.36 a gramme as at 9.30am.-- Bernama

May I know which branch? They have all the stocks listed at their gold bullion price list?

Kind of dangerous keeping it at home.

Rent a safe then.

That will add to the cost

Dear all, need advice, recently,
i have invested in
Pegasus Bullion's PMB (precious metal bank) program,
Pegasus Bullion is a sister company of Pegasus Invest, who got the distributor rights to distribute ICBC (industrial and commerce Bank of China) gold.
Payout is by dividends via tax arbitrage between Hong Kong and China.
Dividends are then paid out to investors (me) monthly.

So far, I have been getting my dividends punctually x 4 months.

this is the website.

www.pegasusbullion.com

What do you guys (all the sifu sifu sekalian ) think about it?
As i plan to ask my brothers to invest as well

Gold rose around one per cent yesterday, recouping some strength after two days of losses as European shares flattened and investors remained jittery ahead of United States jobs data.

Spot gold rose one per cent to US$1,291.65 an ounce by 1207GMT. It hit its lowest since February 11 at US$1,277.29 hit in the previous session.

Gold futures for April delivery appreciated by US$11.40 to US$1,291.40.

In other precious metals, platinum rose 0.8 per cent to US$1,427.49 and palladium gained 1.1 per cent to US$783 an ounce while, silver rose 0.7 per cent to US$19.86. Reuters

Gold futures contract opened higher today on sustained demand for the precious metal.

At 9:40am, April 2014 gained 25 ticks to RM136.60 a gramme, May 2014 rose 26 ticks to RM136.90 a gramme and June 2014 added 39 ticks to RM137.80 a gramme.

Turnover amounted to 10 lots while open interest totalled 978 contracts.

At 9.30am, physical gold was RM1.21 higher at RM131.67 a gramme. -- Bernama

Can say bye bye to your money if do not take out soon....

Same method, same trick, same story... different name.

This is an Indonesian based scam...



This post has been edited by gark: Apr 3 2014, 12:55 PM

Gold up for 2nd day on short-covering ahead of U.S. jobs data

Gold added to sharp overnight gains on Thursday, as investors looked to square positions before the release of U.S. nonfarm payrolls data that could provide clues about the state of the economy and the outlook for the Federal Reserve's stimulus.

"This is not a very inspired rally. A lot of people who are holding short positions are trying to square up before nonfarm
payrolls," said a precious metals trader in Hong Kong.

"Some of the key physical markets in Asia are really silent these days, which is not a very positive factor for gold. And as
the stock markets make fresh highs, it becomes tougher and tougher for gold to compete."

Traders had hoped physical demand would climb with gold prices at a seven-week low earlier in the week, but the recent
rally could discourage buyers.