all of this because of USD are keep strong...

ya that is very wrong. pity bnm. i heard from a person who handle the riot at bnm regarding geneva case. they come in 1 bus blaming bnm..

anyway, i am not to side any, but i heard the case bnm pull back their accusation? is it true? really?

Gold drops to 2-month low as dollar gets boost from hawkish Fed

"Gold had already been under pressure from the dollar. Once it broke below the 200-day moving average near $1,284, there was heavy selling," said one precious metals trader.

Safe-haven gold failed to gain support despite a dip in Asian shares that came under pressure as a disappointing Chinese
manufacturing survey stoked concern about the regional giant.

Investors fear that strong data could prompt the Fed to increase rates soon. Higher interest rates would dull the appeal
of non-interest-bearing assets such as gold.

Time to buy now ?

I'm not sure

actually Gold doesn't give you dividend/return/interest, means it doesn't really give ROI (Return of Investment).

buy low sell high is the keyword (by trading)

This post has been edited by basSist: Aug 21 2014, 08:06 PM

if you are buying gold to hedge currency risk especially MYR, this reason is valid

if limited cash, I encourage people spend that to attend some classes, to self-improving first. be it investment class/motivation/property/shares/precious metals/business talk etc.

else, you can slowly accumulate gold via KFH, since KFH enable us to buy 1gram by 1gram (Yes! physical), and u can store with them until you withdraw out.

yup agreed! however, please bear in mind that 1g gold is actualy very expensive in term of pergram gold. so you would have to consider if it would make profit to you or not

gold will fall further..
anyway.. hi.. im a gold investor - just started but been watching trends since few years ago..


This post has been edited by Sham903n: Aug 21 2014, 10:50 PM

best time to buy and keep gold

p/s: anyone want 100g gold pamp suisse best offer can pm me

best time to sell actually

why is that?

cause when it drops further, you can buy cheap

1g at KFH http://www.kfh.com.my/kfhmb/

is around buy 127.7 / sell 135.8

RM135.8 for 1g if we buying from them. ok la, since u can accumulate 1g by 1g, for big shark that wants to buy 100gm -1kg.. better buy from others

meaning to say, again "best time to buy!" lol

how much you selling your 100gm?

but this one on paper ya?

Shariah concept: Bai' As-Sarf & Qardh

Enjoy peace of mind when you purchase gold without having to keep the physical gold.
Withdraw the physical gold on the spot or have the Bank retain the gold under Qardh concept.

KFH gold is not 999.9, their price are like 999.9 but product is 995.0. It means you buy something cheap for an expensive price tag.. plus you cant open the wrapping.. if you do, your gold price drop some more..

This post has been edited by Sham903n: Aug 21 2014, 11:43 PM

Why so many people keep worry about the gold on paper. Do you want you to keep the physical gold at your house? Then every time go to bank to sell/buy?