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 Gold Investment Corner V7, all about gold

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darkazers
post Sep 19 2013, 02:23 PM

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anyone interested in delay stock gold program?
wan to be funder/investor?

RM15k will generate RM850.00 per month. unlimited of time.
= RM10,200.00/year.
not affected by up and down of the gold prices. my ASB of RM100k only generate RM8500 per year.. smile.gif
TSdavinz18
post Sep 19 2013, 02:39 PM

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QUOTE(kazama82 @ Sep 19 2013, 02:02 PM)
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.
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I agree rclxms.gif

Nowadays a lot of cheating people selling Fake gold or lower level of purity then stated nod.gif
ck23
post Sep 19 2013, 02:52 PM

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QUOTE(kazama82 @ Sep 19 2013, 02:02 PM)
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.
*
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.


ck23
post Sep 19 2013, 02:55 PM

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QUOTE(darkazers @ Sep 19 2013, 02:23 PM)
anyone interested in delay stock gold program?
wan to be funder/investor?

RM15k will generate RM850.00 per month. unlimited of time.
= RM10,200.00/year.
not affected by up and down of the gold prices. my ASB of RM100k only generate RM8500 per year.. smile.gif
*
for real?

Pawnshop RM15k, monthly interest 2% @ RM300.
Ar Rahnu RM15k, monthly interest 1.5% @ RM225. (Assume)

Basic lending rate is at such rate. How could you get 5.67% monthly?

darkazers
post Sep 19 2013, 02:57 PM

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QUOTE(ck23 @ Sep 19 2013, 02:55 PM)
for real?

Pawnshop RM15k, monthly interest 2% @ RM300.
Ar Rahnu RM15k, monthly interest 1.5% @ RM225. (Assume)

Basic lending rate is at such rate. How could you get 5.67% monthly?
*
its called bonus on delay.. brows.gif
ck23
post Sep 19 2013, 02:58 PM

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QUOTE(darkazers @ Sep 19 2013, 02:57 PM)
its called bonus on delay..  brows.gif
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I dont believe in this actually.

It's like a ponzi scheme, a high yield investment program.

Something like BLR 6.6%, your FD will get 18.71% (on 2% vs 5.67% ratio)

This post has been edited by ck23: Sep 19 2013, 03:01 PM
darkazers
post Sep 19 2013, 02:59 PM

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QUOTE(ck23 @ Sep 19 2013, 02:58 PM)
I dont believe in this actually.

It's like a ponzi scheme.
*
nope.. its far away from that.
u can try one month and get back your RM850+100g gold.

ck23
post Sep 19 2013, 03:05 PM

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QUOTE(darkazers @ Sep 19 2013, 02:59 PM)
nope.. its far away from that.
u can try one month and get back your RM850+100g gold.
*
Any testimonial from investor?


darkazers
post Sep 19 2013, 03:12 PM

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QUOTE(ck23 @ Sep 19 2013, 03:05 PM)
Any testimonial from investor?
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google Darul Emas Perak Berhad
lamode
post Sep 19 2013, 03:26 PM

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just a few hours, everything changed, crazy eh? icon_idea.gif rclxm9.gif thumbup.gif


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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.
*
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..
ck23
post Sep 19 2013, 03:34 PM

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QUOTE(kazama82 @ Sep 19 2013, 03:31 PM)
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..
*
Thanks for your suggestion, I will value it in a pawnshop or gold shop maybe.

I know the stamp can be fake.
darkazers
post Sep 19 2013, 03:35 PM

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QUOTE(kazama82 @ Sep 19 2013, 03:29 PM)
Any interest/dividen in gold investment is against BNM policy.. Once BNM know, sure ambush and later cannot get your gold back
*
check this out.
http://www.bnm.gov.my/index.php?ch=109&pg=824&ac=46&bb=file
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
TSdavinz18
post Sep 19 2013, 06:40 PM

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Gold hits one-week high after Fed keeps on easing

Gold hit a one-week high on Thursday as the dollar fell after the U.S. Federal Reserve stunned markets by choosing not to cut back on its asset-buying programme for now.

"If people have a view that this is a game changer for the Fed, then that may change their perception of what's good value for gold," Standard Chartered analyst Dan Smith said.

"(We) are seeing that the Fed will only start tapering in March 2014 because of the change in emphasis from the labour market to inflation."

"The (Fed) decision, combined with the upcoming debt ceiling debate, leaves risks to gold prices as skewed to the upside in the near term," Goldman Sachs said in a note.

"(But) we continue to expect that gold prices will resume their decline heading into 2014, when we expect economic data to solidly confirm a reacceleration in U.S. growth and warrant a less accommodative monetary policy stance."
TSdavinz18
post Sep 19 2013, 06:42 PM

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Gold's rise may be short lived

Australian goldminers may be cheering the US Federal Reserve's decision not to begin tapering, but the party is likely to be short lived.

In the short term, gold has won a reprieve, but traders are taking a downbeat view on the long-term outlook.

The question of tapering is not if, but when. Eventually, once the Fed pulls back its bond purchasing, goldminers are likely to come under pressure.

''There's nothing fundamental in gold, you can't really trade gold or gold stocks on fundamentals, gold

itself is just store of value,'' said RBS Morgans senior trader Luke McElwaine. 'The reality is a lot of these producers have very high costs of production. It gets to the point where some of them will struggle to be profitable given a lower than expected gold price.''



lamode
post Sep 19 2013, 06:44 PM

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QUOTE(davinz18 @ Sep 19 2013, 06:42 PM)
Gold's rise may be short lived

Australian goldminers may be cheering the US Federal Reserve's decision not to begin tapering, but the party is likely to be short lived.

In the short term, gold has won a reprieve, but traders are taking a downbeat view on the long-term outlook.


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but then no a lot of traders willing/dare to short gold either. wink.gif
gark
post Sep 19 2013, 06:46 PM

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QUOTE(lamode @ Sep 19 2013, 06:44 PM)
but then no a lot of traders willing/dare to short gold either.  wink.gif
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Summoning danmooncake...

A dare is given liao...how? tongue.gif

This post has been edited by gark: Sep 19 2013, 06:46 PM
TSdavinz18
post Sep 19 2013, 06:54 PM

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QUOTE(lamode @ Sep 19 2013, 06:44 PM)
but then no a lot of traders willing/dare to short gold either.  wink.gif
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I cannot comment much, it's their own risk smile.gif

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