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 Gold Investment Corner V7, all about gold

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hanknives
post Aug 6 2014, 11:51 AM

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QUOTE(busygossip @ Aug 4 2014, 12:18 AM)
Regarding to my post. I noticed some physical gold seller sell some gram/kilo gold bar in pending order.and they said, pending because factory was busy making gold bar and hv to hold customee order..is that true?
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You may believe so. but i dont think it work that way..
hanknives
post Aug 19 2014, 01:43 PM

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QUOTE(aPiT_OxyMoxy @ Aug 17 2014, 01:34 PM)
at first place be careful when doing Gold Investment in Malaysia afraid later kena tangkap mcm Geneva  hmm.gif

Doing Physical Gold Investment with International Company is much more better  flex.gif because Bank Negara got nothing to do with you investment nor freeze the company account
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Mind to share the International company? ddint know they would offer the same thing without problem drool.gif
hanknives
post Aug 20 2014, 01:10 PM

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QUOTE(infernoaswen @ Aug 20 2014, 12:37 PM)
Yup, want to know about this too. Is it legit?

E.g They said pay 10k, ETA 30days then they will pay you monthly 4k for 5 months. Total you get after 5 months is 20k.  hmm.gif Sounds too good to be true?
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ya, I heard quite a few ppl join that already and gain profit by that. Again, the risk is there as they hold ur money first.

p/s: whoever want to find cheap 100g pump suisse can pm me ya tongue.gif
hanknives
post Aug 20 2014, 01:46 PM

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QUOTE(roscha @ Aug 20 2014, 01:35 PM)
First thing you should ask yourself...what sort of business will they do with your money? What product?

Second, is this registered with Bank Negara?

Returns are too unbelievable. Sounds like ponzi scheme to me.
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true. but nowadays i see many ppl go on with ponzi scheme as long as they gain profit.. rclxub.gif
hanknives
post Aug 20 2014, 02:17 PM

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QUOTE(roscha @ Aug 20 2014, 01:59 PM)
They will get profit as long as they get others to join the program.

But that means getting money out of other people's suffering and losses. (Those who are the last to join will lose everything.) They will also lose people's trust in them.

What sort of people are these???
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I guess they just keep assume that it is not ponzi scheme. U know, like geneva those, seems so obvious yet they still join. n claim to have biz elsewhere. until bnm come n prove them
hanknives
post Aug 21 2014, 02:15 PM

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QUOTE(epie @ Aug 20 2014, 08:23 PM)
and some of them still defending this ponzi scheme and blaming bnm
unbelievable malaysian
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ya that is very wrong. pity bnm. i heard from a person who handle the riot at bnm regarding geneva case. they come in 1 bus blaming bnm..

anyway, i am not to side any, but i heard the case bnm pull back their accusation? is it true? really?
hanknives
post Aug 21 2014, 10:48 PM

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QUOTE(basSist @ Aug 21 2014, 08:38 PM)
if you are buying gold to hedge currency risk especially MYR, this reason is valid biggrin.gif

if limited cash, I encourage people spend that to attend some classes, to self-improving first. be it investment class/motivation/property/shares/precious metals/business talk etc.

else, you can slowly accumulate gold via KFH, since KFH enable us to buy 1gram by 1gram (Yes! physical), and u can store with them until you withdraw out.
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yup agreed! however, please bear in mind that 1g gold is actualy very expensive in term of pergram gold. so you would have to consider if it would make profit to you or not smile.gif
hanknives
post Aug 21 2014, 10:54 PM

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QUOTE(Sham903n @ Aug 21 2014, 10:49 PM)
gold will fall further..
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best time to buy and keep gold smile.gif

p/s: anyone want 100g gold pamp suisse best offer can pm me tongue.gif
hanknives
post Aug 21 2014, 11:00 PM

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QUOTE(Sham903n @ Aug 21 2014, 10:58 PM)
best time to sell actually
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why is that?
hanknives
post Aug 21 2014, 11:10 PM

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QUOTE(Sham903n @ Aug 21 2014, 11:06 PM)
cause when it drops further, you can buy cheap  tongue.gif
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meaning to say, again "best time to buy!" lol
hanknives
post Aug 21 2014, 11:13 PM

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QUOTE(basSist @ Aug 21 2014, 11:08 PM)
1g at KFH http://www.kfh.com.my/kfhmb/

is around buy 127.7 / sell 135.8

RM135.8 for 1g if we buying from them. ok la, since u can accumulate 1g by 1g, for big shark that wants to buy 100gm -1kg.. better buy from others tongue.gif
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but this one on paper ya?
hanknives
post Aug 22 2014, 05:56 PM

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QUOTE(davinz18 @ Aug 22 2014, 05:55 PM)
Really? shocking.gif  u got test the gold purity?  hmm.gif
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i nver heard 995.0. lol really exist?
hanknives
post Aug 22 2014, 06:07 PM

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QUOTE(davinz18 @ Aug 22 2014, 06:04 PM)
24 carat gold means 999 i.e. 99.99% purity.
23 carat gold means 995 i.e. 99.50% purity.
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ooo. rclxms.gif rclxms.gif
hanknives
post Aug 27 2014, 02:37 PM

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QUOTE(Sham903n @ Aug 27 2014, 02:07 PM)
I make profit selling at spot swiss pamp 100gm smile.gif
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how much they take?

hanknives
post Sep 2 2014, 03:01 PM

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QUOTE(infernoaswen @ Sep 2 2014, 12:01 PM)
Want to ask, if I want to start doing gold trading which bank do we normally go with? So far I checked cimb, maybank offers bad rates. Their buy/sell difference is almost around RM5 where as UOB is around RM2-3.

Thinking of starting paper gold first as I dont really have proper storage for physical gold plus not really sure how buy/sell works for physical gold (i.e. where to buy & where to sell).
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I believe the best is UOB. i bought there also.
hanknives
post Sep 3 2014, 02:53 PM

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QUOTE(infernoaswen @ Sep 3 2014, 02:28 AM)
I found out that UOB dont have online gold account like m2u & cimb. Its the only bank that I know with ~RM2 spread  doh.gif Dont really have the time to keep going the branch to buy/sell gold  rclxub.gif
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Ya, but u dont have to go so many times.. only when u want to buy or sell only..

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