hi guys, after so many comment here, still unsure whether is it good to start invest gold?

i'm for long term, should i buy now? thx

hi spring onion, my long term is ard 5 yrs....

thanks for ur sharing

Hi AVFAN,
Thank you for commenting it really open my mind.

Gold px way up for 13 years, then way down now.that's the trend.and we yet to see a sharp drop or even 50% drop from top..

What if there are extraordinary events happening which drive ppl panic during these periods? Will this offset or moving otherwise it suppose to be?

Past events such as 1980-1981 (pls correct me) that drove px to top then down,then way down for 10-20 years does it implied the same trend to current trend? Better still what if USA done it again trade gold is illegal.

Then buy it in the form of bars or coins la. Buy from reputable dealers. Or u can buy kijang emas but it might not be easy to sell outside malaysia.

I asked the banker when I open my mGIA account and she says NO, I can't convert it into gold.

yup..true..even when i go maybank and ask, the man at the counter himself dont like paper gold as it's on paper. he prefer physical gold..

i think public bank and maybank no longer offer the service to sell in physical gold...

the only one i'm aware of now is KFH...

Should i wait or is it a good time to buy gold?

Or maybe wait until it drops until 1000 USD ? 

can i presumed if mining cost between that range, meaning price won't drop near or below that range? Orelse some mining coy close shop or use up their reserve?

Can i assume If 1150 is their cost, spot 1200.meaning their margin is 4%?

Tq

No its not. The end of the gold slide is not in sight yet. 2014 will be worse for gold. Do not make the mistake and invest in gold now. I regret investing in gold now. I invested in May 2010 and now all my earnings accumulated over 3 years have absolutely vanished.

I would now advice ppl not to waste time investing in gold. Go and invest in something that can give you a steady return every year.

Assuming you invest 200g at RM130/g (RM 26,000) and assuming prices rise to RM200/g about 10 years from now, your net profit would be about RM 14,000. But if you had invested that RM 26,000 in one of those Amanah Saham giving out say 6% returns yearly, your total accumulated profit in 10 years would be RM 20,562.

See the difference? Do the math. Don't blindly assume that gold gives you good returns. Gold is only good as an investment diversification tool for those who have invested larger portions of their portfolio in other forms of investment and want some form of stability.

go short man! 

Inflation rate is never a gauge to determine gold price.
In fact, gold price never co-related well with inflation rate.

From 1980's, 2000, goods price already inflation rise several folds, while gold price appreciation? zero.

Hahaha. suggesting people to buy shares at this time. Have you even observe the share market recently? It's not pretty.

I never scare gold price drop, I mostly concern is gold repeating its own history from 1980's to 2000.

Thanks for mentioning us. Let me know if you have any questions about us or precious metals in general. I've been in the industry for about 10 years and are happy to answer.