I had just gotten into precious metal investments, both silver and gold. Just my 2 cents, I would expect investments like this would always be based upon our expected ROI. And also as in any investment it would certainly be based upon your staying power to hold that gold until the price becomes favourable.

My philosophy at this moment is to accumulate because over the years I have seen this type of movement. I remembered when I 1st started working in 1994, at that time gold was only about RM 35-45 per gram and now the price sits at RM 135 - 145 per gram. Knowing the little bit that I know now, there is a little bit of regret that I didn't get into it until November 2013.

I believe it should be part and parcel of our total investment portfolio. The question becomes what percentage of investment portfolio should precious metal be?

Thanks.

Thanks.

I understand the feeling about the funds.. ARRRGGGHHH. Frustrating..

Agreed. If you are planning to sell gold close to spot price.. I am ready to buy it. There is a massive network of people using social media selling and buying the physical stuff. I know there won't be much of a problem in liquidating the gold assets when you are ready.

Happy Collecting....

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..

Hi, My thoughts on the 2 bullion dealers that I have bought from:-

1. Nubex:- These guys have a nice selection but at times their stocks runs outs. Other than that, they are very professional in their dealings with me. Their showroom is easy to get to and parking does not seem to be a problem. Their payment options are also great. But their prices are split into 2 different categories; nubex members and normal buyers. So far I have no issues with them at all but with that said, I have never tried their delivery service, its always self pick up.

2. Buysilvermalaysia.com:- These guys are also very professional. I like the fact that their offering is only 1 price and at times based on the spot, the items they sell are very competitive. Their ordering system is easy and payment is also simple. The only drawback is that their products are very specific and they don't carry many different brands. Otherwise a very good experience when I bought from them. Again, I have never done delivery, its always self pick up.

Generally, I noticed that the smaller grams of gold (ie 1g, 2.5g, 5g) are cheaper based on nubex membership price. For the larger grams of gold (ie 10g, 20g, 1oz 50g and 100g) it's cheaper in Buysilvermalaysia.com... Just my 2 cents..

Good Luck and Happy Collecting/Stacking..

Thanks for the feedback as usual. I guess everyone may have different definitions for various terms. For me as a little stacker, I like to purchase various sizes and grams in order to ensure that i have a diversified collection and it is usually separated into a Collecting Column and Fiat Conversion Column. Again, investment would also be defined really by the time that you are looking to hold on the investment. For me long term means between 5 - 10 years before consideration of selling unless there is a real need for fiat, then it would be sooner. I have redefined the definition of money for my family and I, and for us money = grams of gold/silver. So we just kinda keep stacking/collecting as we go along.

With regards to the brands it is just a personal preference, sometimes I like to have different looks and feel when it comes to my precious metals (Money.. he he he), so my goal is to be able to collect/stack bars from various manufacturers because it is just cool for me. And jewelry shop in Malaysia as you already know does not have many different versions of LBMA certified bars (mostly local ones, they are nice but usually a heavy reduction in price when we travel and try to sell them because they haven't heard of that particular brand).. In my experience they usually sell the PAMP SUISSE. But Nubex carries so many different versions as I had mentioned. Just to have different versions when we stack/collect.

I agree with you on the final point, I think everyone wants to trade and get a very competitive price, but in Malaysia at this moment, the pricing is not very competitive unless you meet some desperate sellers that is in need of fiat. I am afraid I have not been able to meet many of them, but I am hoping to meet them in the future... he he he..

Happy Collecting/Stacking..