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 Gold Investment Corner V7, all about gold

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HeHeHunter
post Aug 14 2013, 03:32 PM

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If you bought it at RM 12x, it is a nice time to sell considering the peak seems to hit at RM 140
HeHeHunter
post Aug 14 2013, 04:31 PM

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QUOTE(suadrif @ Aug 14 2013, 04:18 PM)
take a look what happen in year 2011
it stays at RM140 (around 1400usd/oz) for months and then suddenly goes up

user posted image

rclxms.gif
time for digging
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But that was going up, stabilize and shot up. At current rate, it is going up and down where it peaks at RM 140+-. If it shoots up, then it is not my 'rezeki' already.
HeHeHunter
post Aug 15 2013, 12:14 AM

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QUOTE(suadrif @ Aug 14 2013, 04:46 PM)
maybe our situation are somewhere in Jan/Feb 2011?  rclxms.gif
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if that is so, those who bought it at RM 12x will be laughing now. I consider myself a conservative. Make good profit (as long as it is better than FD) and run. Aim higher, risk higher.
HeHeHunter
post Aug 15 2013, 08:51 AM

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QUOTE(hey_there @ Aug 15 2013, 02:28 AM)
Hmm.. I thought as long as u don't sell u wont lose money right? Most is u got ur money stuck there without interest.
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You are right. Let's say you are still holding it at RM 17x and now you wait and wait and it stays static at RM 14x, you are actually at a loss should you sell off your (paper) gold. I may be wrong though.
HeHeHunter
post Aug 15 2013, 08:43 PM

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QUOTE(suadrif @ Aug 15 2013, 08:38 PM)
Now is 1320 biggrin.gif
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If fall to RM 12x again should pick up. smile.gif
HeHeHunter
post Aug 16 2013, 08:12 AM

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Darn, I sold too early.
HeHeHunter
post Aug 19 2013, 11:51 AM

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QUOTE(lanusb @ Aug 19 2013, 11:47 AM)
pheww, just sold all my GIA, left 1gm to maintain account @ RM142

better let go first and catch again next time
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When you bought it? Nice exit time. smile.gif
HeHeHunter
post Sep 6 2013, 07:47 AM

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I got this feeling while Asia is purchasing, West side is selling.
HeHeHunter
post Oct 3 2013, 10:20 AM

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QUOTE(avengers88 @ Oct 3 2013, 09:58 AM)
How do you guys buy and sell so quickly when the buy sell price is difference of RM5 at least per gram. Meaning that if you buy it at RM137 per gram, u need to wait for the bank buying price to be more than RM137 to gain profit right? Cause the bank buying price per gram now is only RM132. You would not make a quick profit like that.
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Sharp up and down means up by RM 10 or so.

Eg. Bought at rock bottom RM 128, sold at RM 138. You make RM 10 profit each gram.
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