I bought uob paper gold at 141.90/g, anyone know i should top up now? Or just keep it? I plan to sell once get the money back..

This still stands true!

Hi guys,

I'm now to this. I heard that next year buying gold will get extra 6% on top of the price? Is it true?? @@

By the way, want to make a survey normally where you guys buy physical Gold? You getting the Bullion or just get those small Gold chips at the shop selling gold?

And normally where and how you keep it safe??

You bought at the time when it's high??

So, you bought bullion? I see the price is slightly higher than the average market price. Maybe the price of the design. And the buy sale margin are quite wide.

I don't go for paper gold as it's totally not worth at all. Want to keep it and have it long term as emergency measure. So, your guys normally keep it with the bank? I not feel comfortable to put it at home but yet put in bank you will have some annual fee to pay. Very pening lahh.

U buy sale , buy sale pusing like that can't guarantee the earnings ler. The buy sale there oledi lost the margin. Am I right?

I'm not with those mutual fund thing also. So never thought of investing there either.

Anybody know this guy?
He's dealing gold bars ... not to sure how legit it is.

https://www.facebook.com/photo.php?fbid=805...&type=1&theater

How abt this guy with this kind of deal? They hv same name Shamsul Anuar:
https://www.facebook.com/photo.php?fbid=101...&type=1&theater

If 916 gold, you can sell to any jewellery shop in Masjid India. They till deduct min 15% from today's gold value.

Eg1: You bought a 5gram ring for RM 750. (You buy the ring when the gold price was RM 150 per gram)

Today's gold selling price for 916 is RM 130. Shop will deduct 15% from RM 130 which is = RM 110.50

You will get RM 552.50. Lose RM 197.50
Eg2: You bought a 5gram ring for RM 500. (You buy the ring when the gold price was RM 100 per gram)

Today's gold selling price for 916 is RM 130. Shop will deduct 15% from RM 130 which is = RM 110.50

You will get RM 552.50. Profit RM 52.50

I make profit selling at spot swiss pamp 100gm

Nice feedback.  what i noticed is that there seems to be 2 different general pricing when it comes to gold in Malaysia.  With the jewelers such as Habib, Poh Kong, Wah Chan and others they have a spot rate that is based on the FGJAM which is the Federation of Goldsmiths and Jewelers Association of Malaysia.   The spot price is usually published by this group and it is way higher than the actual spot price displayed in mks or kitco. 

I have seen where at bullion dealers such as mysmartgold.com.my, buysilvermalaysia.com, nubex.com.my you are able to buy 100g PAMP Suisse Cast bars for less than RM 13,500.00 a piece  but at these jewelers they are selling the same for between RM 16K - RM RM 19K.  The disparity on the price makes sylar111's advice wise. 

With regards to the storage aspect of physical pm's that is the only problem that we have to overcome but for me it is still worth the effort to be creative in the storage of these physical bars.  I still believe in a saying that I had heard in Mike Maloney's videos "IF you don't hold it, you don't own it".    So with that in mind, I have had fellow collectors be very creative in the way they store stuff.  Some of the more creative ones:-

a.  Digging a hole in the ground and putting it there
b.  Put a little in the water tank of the WC
c.  In the freezer
d.  Amongst the children's toys

I do agree with lots of the forum members that the collecting of gold is usually done as a hedge towards the economic uncertainty that is looming but naturally I treat gold just like any other investment.    It has its cycle and its time.  My personal experience, I remembered buying the little bits of gold in the mid 90's for about RM 35/gram and how upsetting it was when in the late 90's in went up to RM 95/gram and now the price?. . ooohh how I wish I could repeat the early 90's again, when gold price was low and I was better looking.. he he he 

Happy Stacking/Collecting..

can you give me the fb page?