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 Gold Investment Corner V7, all about gold

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haicaramba
post Oct 14 2013, 10:21 AM

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QUOTE(peri peri @ Oct 14 2013, 08:39 AM)
Went to kuala pilah for 916 jewel purchase, gold price only rm124/g exclude workmanship, how awesome is that.

They got nice range of jewel gold.
*
But when include workmanship, it becomes rm160/g rclxub.gif
That what my friend told me. She visited yesterday

This post has been edited by haicaramba: Oct 14 2013, 10:22 AM
haicaramba
post Oct 14 2013, 11:05 AM

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QUOTE(peri peri @ Oct 14 2013, 10:54 AM)
Oppsss, just noticed this,

maybe you get me wrong. I bought the 916 jewel gold from lee wah at kuala pilah and they closed shop on yesterday.

Meaning your friend is not buying from there. And yes, tomei or poh kong or wah chan or habib is selling much higher at rm155/g. So, it is logic that your friend bought from these franchise at rm155 + 5 = rm160/g on 916.

Im saying its from kuala pilah
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rm129/g all in is really a steal for the public.... listen up ppl, semua bole mula berangkat ke Kuala Pilah masuk stock oredi... hehehe...
haicaramba
post Oct 14 2013, 12:24 PM

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QUOTE(peri peri @ Oct 14 2013, 11:28 AM)
At first, i was skeptical about the authentic of their 916 jewel. But after few days wearing, no sign of colour fate and weird spot. Even wear for washing and bathing.

Now i have myself a perfect place to look for jewel gold. But main market there is for malay. meaning most designs are cater for malay. But i found what i want quite easy. Still got few shops there selling at such prices along the same road.
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Masuk surat khabar or majalah liau ma, many ppl sure r flocking to there liau smile.gif

Of coz it is real bro.... rest assured... hehehe....
the price of rm129/g is reali cheap from retailers.
Sellers buy from kilang maybe ard rm120/g now.

For barang kemas, definitely it is malay market. Jewellers that cannot tap into the M market, sure hard to survive.
Else I think all those poh kong, tomei won't hv sooo many shops around liau... hehehe...

In the near future, I see that those big players will have to change their game plan as more & more ppl have access to cheaper jewellery.
Nowadays, I see poh kong, tomei and their likes are mostly empty even during peak hours on weekends in those huge shopping complexes.
Furthermore, there are more & more malay players flooding the market nowadays who have been selling consistently rm20-30 per gram (no upah) below the published rate at those big players smile.gif
haicaramba
post Nov 12 2013, 12:13 PM

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Can start stocking up 100g PAMP 999.9 cast bars now.... going for below rm134/g now smile.gif
Damn! I love gold so much
haicaramba
post Nov 12 2013, 12:28 PM

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QUOTE(dc28yk @ Nov 12 2013, 12:17 PM)
where sell 134?
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Got... if u want, pm me.
I'll pass u the person's contact, u can COD directly with him thumbup.gif
haicaramba
post Nov 12 2013, 12:33 PM

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QUOTE(bearbearhong @ Nov 12 2013, 12:28 PM)
r u buying spot gold? where? please recommend
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not reali spot.... from what I know, ppl normally sell 100g PAMP bars according to mks +2.
now mks is ard 132500/kg... so 100g can get at rm13400-13500.
If u buy a lot, possible to get 13300/pc
haicaramba
post Nov 12 2013, 02:00 PM

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QUOTE(dc28yk @ Nov 12 2013, 12:44 PM)
hemm i want from shops...
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Good luck getting 134/g for 9999 from shops now.... but possible if spot drops even lower nod.gif
The cheapest u can get now probably is from MSGB at around 135+/g.

haicaramba
post Nov 13 2013, 09:35 AM

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QUOTE(cybermaster98 @ Nov 13 2013, 09:16 AM)
So what will you do with these gold bars when the price of gold drops to RM95/g?  doh.gif
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I'm a part-time gold trader.
I only trade physical gold, mostly jeweleries & sometimes bars.
Those gold bars are meant to be either melted (to lower the cost of jewelries) or traded.
As long as one is trading actively, the spot does't reali matter that much smile.gif
Any time is a good time to buy/sell.
I seldom keep any gold for long term.... the longest maybe 1 mth, as my ready stock.

I dun contribute much to this group as ppl here r mainly into paper gold wink.gif
haicaramba
post Jan 3 2014, 09:06 AM

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Gold has dropped 23% in year 2013 alone, correct?
Or was it more than that? biggrin.gif
haicaramba
post Jan 7 2014, 11:37 AM

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Can go buy Kijang Emas from mbb.
The maple gold ingot from UOB oso can...
Just buy & keep under your pillow wink.gif
haicaramba
post Jan 23 2014, 10:14 AM

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QUOTE(roxguy @ Jan 20 2014, 10:23 AM)
hi sifus, need some advice here... i bought 30g gold in august 2011 when price was 180++. bought through a bank... now price is only at rm130++. its been 2 years+ but i dont see any returns...

any advice? should i just keep? should i sell of and face losses? should i sell and buy often (trade)?

thanks.
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If you dun need to use the $$$, keep it & at d same time, buy some more especially during this low environment.
Do some cost averaging lor.... the most basic technique.
If each mth u can buy even 1-5g, probably by end of the year, u lower your per gram to rm140-160 maybe smile.gif
haicaramba
post Mar 20 2014, 04:41 PM

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Carrying 300k isn't too difficult.... a normal backpack only ma.
My fren carrying 1mil in cash, use those trolley luggage bag only what.... steady only without any bodyguard... hahaha...
Most of the time when he carries tens or lower hundreds of k in cash, he just uses those non-transparent plastic bags smile.gif


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