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 Gold Investment Corner V7, all about gold

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post Jan 29 2014, 01:55 AM

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Purchasing gold (I means physical gold) isn't it a long term investment? If you do not sell it off and hold it as long as you wish, and only considered making profit or loss at the point of time you sell it off, right?

I see the physical gold as a long-term investment and a true investment tool to preserve your purchasing power in the future. Futures tend to burn my hand if not alert enough. Still learning... notworthy.gif

I did not go thru all the pages yet, but hopefully manage to absorb sth here.. thumbup.gif

Thank you.


Regards,
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post Mar 12 2014, 12:52 PM

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QUOTE(Ikm-99 @ Mar 12 2014, 11:24 AM)
Hello, newbie here

i am interested in pysical gold bar and from the pro...it seems that uob offer the best spread rate...so i hope that someone who been buy the gold bar from uob could clarify some of my doubts (coz call them...they din pick up the phone...damn)

so...
1)how low is the spread rate?
2) which type of gold bar they are selling
3) how should i purchase? bank in/cheuqe/credit card/cash???
4) can i sell back to them or other third party?
5)it is often lack of stocks...? once i pay i will get my gold?
6) to the one that been buy pysical gold bar before... how u keep yr gold???

really thanks you notworthy.gif notworthy.gif notworthy.gif notworthy.gif

  notworthy.gif  notworthy.gif  notworthy.gif
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Hi, I called them few times and they did pick up the call and also explain in detail on what you need to know or what you ask. Anyway, maybe you called during their lunch time..

1) Price adjusted from time to time, you can check www.imoney.com.my
2) If not mistaken they have gold coin in stock for the moment, for gold bar or gold coin, please call for stock availability before you head to the branch and purchase.
3) Cash..... Personally go to the branch, purchase and collect and safe keeping it.
4) Sell back to the party where you buy from, better price. 3rd party always buy back at lower price if your gold is not purchase from them.
5) Call for stock availability before go to the branch. You can call UOB Jalan Raja Laut main branch.
6) Keep in bank save deposit box or use your creativity if you want to keep at home. Lol....

Hope this helps. Happy investing.


Regards,
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post Apr 14 2014, 11:21 AM

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262 posts

Joined: Sep 2008
QUOTE(cuz @ Apr 13 2014, 12:35 PM)
why do you say its a scam?
and any evidence its a indonesian based scam?
why do u say its a ponzi? any evidence?
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Yeah, when you got the evidence, then your $$ is saying bye bye to you... Read more, there are many "investor" already cheated and comes out in the news so many times before..

Earn less is still earning.. Greedy = loss. I'm not saying you greedy, but some "investment plan" is too good to be true.

Thank you.


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