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 Gold Investment Corner V7, all about gold

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roscha
post Aug 24 2014, 10:13 PM

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"Pernah ker bank tutup kedai"

Pernah.

Just google.
roscha
post Aug 25 2014, 12:25 PM

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I agree with haziqnet.

Plus the reality of paper gold is there is NO gold. Just numbers in the computer or in yr bankbook.

Right now mints are reporting record sales of gold and silver. Logically the price should go up (economic law). But the price of gold and silver go up and down ...doesnt make sense. It makes sense only when you realise the prices are being manipulated. The super rich want to keep us using paper currency but if gold price goes up, value of paper currency goes down. So they use the paper gold market to smash the price of gold down, hoping people will lose faith in gold and stop buying gold. Unfortunately this strategy didnt work.

At some point they will be unable to control the price and the paper gold market will fail. You don't want your money in paper gold at that time.

Google Mike Maloney's Hidden Secrets Of Money. Start with the Episode 1 video.
roscha
post Aug 26 2014, 04:29 PM

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QUOTE(Sham903n @ Aug 26 2014, 12:06 AM)
spot gold has touch a very strong resistant at 1276, if it gathers momentum to break that resistant, then say hello to 1250 and may slip further down after..
someone with gold: best time to sell
someone with cash: best time to wait
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To the stackers, this is a good time to buy.
Actually stackers will buy any time.
roscha
post Aug 27 2014, 01:10 PM

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When people ask me about paper gold vs physical gold, I tell them that the paper gold market is a scam. There is NO ACTUAL GOLD. And the gold situation is already showing signs of stress....if you buy paper gold, you are risking losing it all.

Then ppl argue that they don't care... they don't want the actual bar of gold. They just wanna make money.

Haiya personally I think the chances of making this sort of money is better with blue chips. Or whatever chips.

No need to bother about gold. Unless you are just fascinated with the bright shiny yellow colour.

Personally I buy gold n silver to preserve the value of my money. In the last three years, the rise in the price of goods has gone up too fast for my liking. But I buy NOT to sell. I buy to keep for the next generation.

And also for when the SHTF. Which I hope never happens.

You should always ask yourself WHY you wanna buy gold or silver.
roscha
post Aug 27 2014, 01:12 PM

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See? So many reasons why ppl buy PMs. For the record, I don't hv storage issues yet ha ha...that tells you how little I have.

Just make sure you know why you do it.

This post has been edited by roscha: Aug 27 2014, 01:14 PM
roscha
post Aug 28 2014, 09:29 AM

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QUOTE(sylar111 @ Aug 27 2014, 10:58 PM)
It is even better now compared to the late 90s. During the 90s, we never knew that there were financial instabilities etc and buying gold was not so important during that time.

Actually if you buy the right stocks, it can double even triple, even 10 times. But problem is. When there is a correction, you may lose a lot of money as well.

Stocks are really too high. Imagine, Apple going to all time highs despite competition from China and Korea.
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Bubble straining at the seams..I'm holding my breath waiting for the burst.

Plus too much paper currency being pumped into the system.

When someone tells me wah stock market is doing well, all I can do is shake my head.

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