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 Gold Investment Corner V7, all about gold

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kazama82
post Sep 17 2013, 12:13 PM

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QUOTE(davinz18 @ Sep 17 2013, 12:04 AM)
Now USD1319/oz  sad.gif
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..hope can drop more.. thumbup.gif ..bigger price fluctuation will happened tomorrow..everyone waiting for QE..taper or not to taper.. hmm.gif
kazama82
post Sep 18 2013, 08:48 AM

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drop below $1300 already now..smile.gif
kazama82
post Sep 19 2013, 08:25 AM

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congrats to all that take action buying yesterday, today already can profit....


kazama82
post Sep 19 2013, 02:02 PM

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QUOTE(ck23 @ Sep 19 2013, 12:56 PM)
I mean jewellery. 916 jewellery. I bought a men ring.

Can sell to him anytime. Follow goldsmith rate. Rate of melting. Slightly different though.

So now I will focus on jewellery. Haha...

Bear in mind, do not buy jewellery that contains stone. It has no value for stone. Just for decoration only. Stones are those fake diamonds.

My friend has a shop in town, where he buys used gold or jewellery from walk in customers and pay them cash. Maybe he bought in RM115/g, sell me RM125/g.

It's better than buying new one.
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Had you tried to check the gold purity? Sometimes cheap also dangerous.. Try go to ar rahnu or any gold shop to check purity.. Just to make sure its 22k 916..a lot of ppl ripe by buying frok individual.

kazama82
post Sep 19 2013, 03:29 PM

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QUOTE(darkazers @ Sep 19 2013, 03:12 PM)
google Darul Emas Perak Berhad
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Any interest/dividen in gold investment is against BNM policy.. Once BNM know, sure ambush and later cannot get your gold back
kazama82
post Sep 19 2013, 03:31 PM

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QUOTE(ck23 @ Sep 19 2013, 02:52 PM)
it's real! I don't do risky stake just like everyone else. My friend is quite a trusted one. His shop has density meter and gold testing stone and acids. I tested~

It's stamped with 916. He has Public Gold too. But that one he keeps to his own. Not for sales. I guess he bought it from customer when it was RM150, thats why not selling because cost is higher.
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Dont trust the stamp 916.. Test it is the best way.. Good if you have a trusted friend.. But if i were you, i just randomly test at other gold shop just to be sure.. No harm right..
kazama82
post Sep 19 2013, 06:06 PM

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QUOTE(darkazers @ Sep 19 2013, 03:35 PM)
Thanks for the article. But again.. Gold and silver cannot be used to generate interest. Looks like you invest the gold and guarantee return every month, something like geneva. Maybe you can explain further..


This post has been edited by kazama82: Sep 19 2013, 06:27 PM
kazama82
post Sep 19 2013, 09:10 PM

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QUOTE(smsbusiness2u @ Sep 19 2013, 09:23 AM)
what is the buying price yesterday and selling price today? sure can profit?
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sure...why not if the spread is very low..
kazama82
post Sep 20 2013, 08:22 AM

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March is the same month where gold price start to drop again...speculation again?..hmm
kazama82
post Sep 20 2013, 11:53 PM

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QUOTE(lamode @ Sep 20 2013, 08:55 PM)
its going down by a bit, seem like there are lot of gold haters out there  sweat.gif
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Technical selling
kazama82
post Sep 20 2013, 11:54 PM

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QUOTE(bullshyt @ Sep 20 2013, 10:29 PM)
guys where do you buy your gold from? paper gold or physical? mind giving me some tips which is better?
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Purely physical gold. Not a fan of paper gold.. Its your choice .
kazama82
post Sep 21 2013, 07:24 PM

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QUOTE(hey_there @ Sep 21 2013, 12:10 AM)
Do u buy bars or coins?
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Both..
kazama82
post Sep 24 2013, 07:31 AM

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Gold prices extended Friday's losses into Monday as investors continued to avoid the precious metal after a key Federal Reserve official said that monetary authorities may consider tapering stimulus programs in October
kazama82
post Sep 25 2013, 10:06 AM

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QUOTE(bearbearhong @ Sep 25 2013, 09:46 AM)
Thanks, waiting for price drop smile.gif

Last weekend saw 999 gold was rm170 in poh kong, been waiting to buy gold bullion hope to get it lower price
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If want to buy gold bar for investment, normal gold shop is not the place to buy.. Sure high price.. 999 at RM170..

Go to shop that offer spot gold price..
kazama82
post Sep 25 2013, 10:38 AM

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QUOTE(hey_there @ Sep 25 2013, 10:33 AM)
Jewellery gold are much more expensive. U pay more for their craftsmanship which don't worth anything when u sell.
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Thats why buy without workmanship la bro.. Be a smart buyer.. Hehe..
kazama82
post Sep 25 2013, 12:57 PM

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QUOTE(bearbearhong @ Sep 25 2013, 12:23 PM)
pawn shop? realiable or not...takut the gold inside kosong  blush.gif
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Why buy at pawn shop?? .. I was saying buy from reliable gold shop that sell using spot price...
kazama82
post Sep 30 2013, 11:55 AM

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QUOTE(davinz18 @ Sep 29 2013, 12:22 PM)
Gold holds gains

Gold prices ended up around one percent on Friday, driven up by a possible shutdown of US government operations next week and the threat of a debt default in the middle of October, as well as by the prospects for continued easy monetary policy from the Federal Reserve.

“Number one, people are worried about what’s going on with the potential government shutdown and looking to gold for a safe asset,” said New York Donald Selkin, chief market strategist at National Securities Corp. in New York.

“And second,” he said, “The comments from Fed President Evans, when he said ‘No tapering,’ which means the dollar could weaken and gold would go up because there’s more money floating around.”
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ready to see some movement this afternoon..smile.gif..maybe..not confirm..
kazama82
post Sep 30 2013, 12:46 PM

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QUOTE(PhilHellmuth @ Sep 30 2013, 12:33 PM)
moving up  brows.gif  brows.gif
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icon_idea.gif icon_idea.gif
kazama82
post Oct 2 2013, 07:57 AM

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grab some when drop to $1282/oz.
kazama82
post Oct 2 2013, 01:10 PM

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QUOTE(sovietmah @ Oct 2 2013, 11:17 AM)
US shutdown means US currency drop.
Gold is in USD.
So Gold drop. make sense right?
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US dollar always opposite of gold

gold spike, us dollar weak..vice versa..

you are the first person i heard thinking us dollar weak, gold weak rclxub.gif rclxub.gif .

anyway..can read more fundamental why drop..starting with US shutdown.

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