The price dropping again, on slower basis unlike previous months

as I said before, always slow when reducing the price 

I know. But do you find that it is worth it? I mean do you think there are other cheaper ways? Thanks for the info though. So  you feel that Maybank is the best?

I don't know if there's other cheaper ways   

I don't think Maybank is the best, but looking at this forum a lot people have Maybank GIA & bought their gold.

Actually I'm still new & learning about this gold thing 

yea.

also Russia’s Proposal on Syria to surrender its chemical weapons, So it means no attack / war 

Now already USD1365/oz 

if like this trend, tmrw could be around USD1345/oz 

hi just wanna ask as i new in this GIA,so which is best? i mean physical gold or paper gold?  

Hi all the sifus here.
why would ppl buy physical gold when paper gold is more easy to invest and has narrow spread??
If buy from Poh Kong at 167
can only sell back at discounted 20-25%.( assume price stagnant)
am i right?

It would be wise to revisit the wisdom of Buffett and his thoughts on gold:

1. “Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”

2. “The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn’t going to do anything for you….it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time.”

3. “Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything."

4. “I will say this about gold. If you took all the gold in the world, it would roughly make a cube 67 feet on a side…Now for that same cube of gold, it would be worth at today’s market prices about $7 trillion – that’s probably about a third of the value of all the stocks in the United States…For $7 trillion…you could have all the farmland in the United States, you could have about seven Exxon Mobils (XOM) and you could have a trillion dollars of walking-around money…And if you offered me the choice of looking at some 67 foot cube of gold and looking at it all day, and you know me touching it and fondling it occasionally…Call me crazy, but I’ll take the farmland and the Exxon Mobils.”

5. “The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.”

6. “What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As 'bandwagon' investors join any party, they create their own truth — for a while."

7. “I have no views as to where it will be, but the one thing I can tell you is it won’t do anything between now and then except look at you. Whereas, you know, Coca-Cola (KO) will be making money, and I think Wells Fargo (WFC) will be making a lot of money and there will be a lot — and it’s a lot — it’s a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that."

LOL that is provided that the price of gold increases in the 10th month. What if the price decreases?

So do you add more gram to mbb GIA?

Today price already reduced to rm146/g from rm150

Nowadays we cannot predict the price. Suddenly it would shot up because of some "war" issues. Suddenly it would dropped because "war" delayed & fed tapering   

The 1200/oz is just what UBS predicts, don't know can reach that level not 

your money, your decision 

nope. wait & see the situation 

I wish to sell my Canadian Maple Gold Leaf 1oz gold coin. Can anyone please direct me to who or which organisation in malaysia that I can sell it off at market price to please?

It looks like this in mint condition