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 Gold Investment Corner V7, all about gold

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hey_there
post Aug 31 2013, 05:21 PM

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QUOTE(davinz18 @ Aug 31 2013, 02:59 PM)
Banks fixed the price. We can't do anything  doh.gif
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Yea, I die die won't sell below what I bought. Even if I have to eat magie everyday. Letting them earn loan interest is enough d. Can't lose in investment...
hey_there
post Sep 1 2013, 03:16 AM

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QUOTE(davinz18 @ Sep 1 2013, 12:17 AM)
Gold investment depends on market condition. Sometimes we profit, sometimes we lose. One thing I can say is don't "put all eggs in one basket", just don't put all your money in GIA. Try to diversify your investment. 
If you read those previous post by the sifu here, gold don't pay interest

Happy investing  biggrin.gif
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Yea. I just started investing. So GIA is the least risk for me to learn and start. Of course, I won't put a lot of money in it.
hey_there
post Sep 1 2013, 03:19 AM

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QUOTE(alexanderclz @ Sep 1 2013, 02:40 AM)
just gone through the previous versions of the thread but haven't really gotten the answer. for example, if i'm going to buy gold coins, what difference does it make if i buy canadian maple or malaysian kijang? is it like canadian maple is more popular thus can be sold 'easily'?

sorry if it's a silly question. a newbie and still learning. thanks smile.gif
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I'm new too but this is what I learned so far. Coins are more of a collectibles rather than investing due to its high premium. Canadian maple would have higher collectible value than kijang emas. Of course they are still valuable for their gold
hey_there
post Sep 2 2013, 12:15 AM

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QUOTE(davinz18 @ Sep 1 2013, 08:40 PM)
Good to hear that. Some people invest heavily in Gold thinking they could make "huge" profit but actually made "huge" loses  doh.gif
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I went to a talk about futures on hang seng index. I learned stuff about candlestick charts. The speaker even showed us the candlestick on gold and he said gold is so much more difficult to read as it's movements are hard to predict.

This post has been edited by hey_there: Sep 2 2013, 12:16 AM
hey_there
post Sep 2 2013, 05:39 PM

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QUOTE(davinz18 @ Sep 2 2013, 05:27 PM)
Now USD1392/oz  thumbup.gif
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yea, maybank is still 1385/oz. hahaha... wonder will the price still stay the same when we hit the buy button
hey_there
post Sep 2 2013, 07:04 PM

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it's 1388/oz

getting ready to enter more when it go down somemore
hey_there
post Sep 3 2013, 04:30 PM

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1387/oz
hey_there
post Sep 3 2013, 05:33 PM

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QUOTE(suadrif @ Sep 3 2013, 05:22 PM)
i just bought 11 gram last two days sad.gif
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which is how much in RM? to me, i have no worries whether the price going up or down. if down, i buy more. if going up, i sell more. it's stress free tongue.gif
hey_there
post Sep 3 2013, 10:16 PM

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QUOTE(suadrif @ Sep 3 2013, 05:49 PM)
the problem is i bought it in the middle, not going up not going down  tongue.gif
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Yea same here. I feel bored when the price is stagnant
hey_there
post Sep 3 2013, 10:17 PM

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QUOTE(kazama82 @ Sep 3 2013, 06:11 PM)
again, gold is long term investment...if you buy for RM500, even the price drop, gold still in your hand..but can you keep RM500??..for sure you will spend..

so no worries bro..just keep your gold.. dont expect buy today, sell tomorrow.
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True, it's like force saving. U decide how much interest u want.
hey_there
post Sep 4 2013, 03:05 PM

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QUOTE(ahSiang @ Sep 4 2013, 11:37 AM)
damn, i should bought yesterday, now going up oledi
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Senator will vote for syria issue. if positive, it'll spike up gold's price. whatever it is, i dont wish for war although i might gain from gold price...
hey_there
post Sep 4 2013, 10:21 PM

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QUOTE(haicaramba @ Sep 4 2013, 09:45 PM)
I hope gold will stay down, like maybe around $1-1.2k, forever smile.gif
Or lower
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Forever? Then no margin to profit

1388/oz now
hey_there
post Sep 5 2013, 11:38 AM

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QUOTE(sovietmah @ Sep 5 2013, 10:32 AM)
Gold drop back again.
UOB buying price 148.90
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dang, maybank is rm150/g
hey_there
post Sep 5 2013, 11:46 AM

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QUOTE(davinz18 @ Sep 5 2013, 11:44 AM)
maybe later they would change the price (or maybe only tomorrow  biggrin.gif )
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yea, like u said, they are selloowww when it comes to price down...
hey_there
post Sep 5 2013, 12:50 PM

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QUOTE(kkid @ Sep 5 2013, 12:11 PM)
Add 250gm at PBB ...
Hopes to be LUCKY again  smile.gif
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reading news about syria attack. Arabs are funding for US to attack and senate agrees on it. looks like they are going to attack. then, the price of gold might go up.
hey_there
post Sep 5 2013, 03:10 PM

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QUOTE(davinz18 @ Sep 5 2013, 02:42 PM)
NO WAR / Cancel the attack  icon_rolleyes.gif  cry.gif
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hahah.. i rather no war la. btw, 1386/oz already
hey_there
post Sep 5 2013, 03:15 PM

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QUOTE(davinz18 @ Sep 5 2013, 03:11 PM)
it's slowly increasing today  shakehead.gif
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is it? i saw the other way round

This post has been edited by hey_there: Sep 5 2013, 03:15 PM
hey_there
post Sep 6 2013, 12:10 AM

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1367/oz now
hey_there
post Sep 9 2013, 02:07 PM

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QUOTE(Trade4Cash @ Sep 9 2013, 12:46 PM)
what's with  the sudden spike in gold price?

all of a sudden RM150?
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my guess is that it'll move up somemore. US might hit syria. 12 countries supported the intervention in G20.
hey_there
post Sep 9 2013, 04:26 PM

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the price are usually stagnant in the beginning of the week. things will get interesting from wed onwards. especially these few weeks
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