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 Gold Investment Corner V8, All About Gold

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Unkerpanjang
post Jan 17 2023, 10:44 AM

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Wah, quite humbling schooling by Auntie.
Conclusion was...the more I thought I know about a subject, the less open minded I become. Loss of new lessons.

Auntie is Bapa Psychology. Cannot argue too much. So, I agree to relearn about Gold Stacking.

Here's hoping the Gold Forum Sifus kind enough to share MY Gold Bullion sources. I even need to research those in KL (I've not set foot to KL for years) & reliable shops (if any)....I will keep an open mind n learn from interactions.

Thanks Sifus in advance.

Unkerpanjang
post Jan 17 2023, 01:17 PM

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QUOTE(prophetjul @ Jan 17 2023, 10:57 AM)
I can always sell you some kijangs.  laugh.gif Trust me?
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Kijang from Australia? Not kangaroo meh?
💯
Unkerpanjang
post Jan 25 2023, 06:48 PM

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Beautiful Gold Price vs British Pound chart....era of commodities?!!!

user posted image

This post has been edited by Unkerpanjang: Jan 25 2023, 06:50 PM
Unkerpanjang
post Jan 25 2023, 08:13 PM

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QUOTE(prophetjul @ Jan 25 2023, 07:59 PM)
Look at the USD Gold chart. Do you see a cup and handle pattern forming?  laugh.gif
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Hahaha, most frightening wud be a hockey stick pattern....(once they start launching the hypersonic missiles) rclxub.gif

As us Seniors have repeated till ad nauseum,....where possible, accumulate some physical gold.

This post has been edited by Unkerpanjang: Jan 25 2023, 08:39 PM
Unkerpanjang
post Jan 25 2023, 08:52 PM

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QUOTE(Unkerpanjang @ Jan 25 2023, 08:13 PM)
Hahaha, most frightening wud be a hockey stick pattern....(once they start launching the hypersonic missiles)  rclxub.gif

As us Seniors have repeated till ad nauseum,....where possible, accumulate some physical gold.
*
Cup & handle....?

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Unkerpanjang
post Jan 25 2023, 08:52 PM

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QUOTE(Unkerpanjang @ Jan 25 2023, 08:13 PM)
Hahaha, most frightening wud be a hockey stick pattern....(once they start launching the hypersonic missiles)  rclxub.gif

As us Seniors have repeated till ad nauseum,....where possible, accumulate some physical gold.
*
Cup & handle....?

user posted image
Unkerpanjang
post Jan 26 2023, 11:07 AM

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QUOTE(persona93 @ Jan 26 2023, 10:38 AM)
this is slightly a different question so i apologize in advance

so as an Indian , i am preparing to make my wife's wedding chain around 72g of gold

on Sunday the shop quoted RM275/g, my question is, is there any insights on the best time when i should masuk? like will i see eg: RM250/g

please kindly advise
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Bro, firstly congrats!
Imho, most shops are quoting same jewellery 20k, 22k, price, diff is the workmanship cost.
Wow, Bro so you r designing own jewellery...need to go few reputable shops bench marking.
Marriage is a life long partnership, so the investment shud appreciate over time...what's 10% btw husband n wife? She's worth it.
Unkerpanjang
post Jan 26 2023, 12:12 PM

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QUOTE(persona93 @ Jan 26 2023, 12:06 PM)
thanks for your advice sir, yeah it's just 10% but can save up to RM3k, which maybe can tambah to the chain so that it'll look prettier cool2.gif
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Wow! Significant piece of jewellery.
Happy journey, Bro.
Unkerpanjang
post Feb 10 2023, 06:25 PM

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QUOTE(James.L1M @ Feb 9 2023, 05:16 PM)
Gold is predicted to go up in Y2023!
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Unker is 100% serious when it comes to gold.

Unker oso watching a few experts n key reports sharing.
Looks like Feb is a battle between fc entities...one part short silver, long gold n vice versa. Imho, I continue watching for gold to touch mid $1700s.

People watching the y2022 end report in Mar, Apr. The above is very US centric. But against, all other currencies gold is UP long term.

Another chartist has overlay DXY vs gold price..forming cup n handle. It's oso my bet, DXY will come down further once Fed stops interest rates.

Take away the brics currency, etc..everywhere it's negative savings, be it kwsp, asnb, etc dividends against inflation.

Longer term I'm positive gold. Unker enuf physical, not ready to dip into ETFs yet. Anyway, it's just speculative play....small % of net worth.

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Unkerpanjang
post Mar 18 2023, 07:29 AM

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QUOTE(prophetjul @ Mar 18 2023, 06:43 AM)
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Bro, many thanks for reviving this thread, much respects.

Mari, Mari, Unker mau dengar....whats is Sifu n Senior opinions, on current situation.

Are we facing Inflation or Currency Debasement?

Worldwide oil price drop, char koay teow price maintain, loss of jobs, vs. precious metal up, stocks up, crypto up, Fed still expect to raise rates?

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Unkerpanjang
post Mar 18 2023, 12:08 PM

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QUOTE(prophetjul @ Mar 18 2023, 11:47 AM)
Deleted
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Bro, Gold price.

It will go up a lot, then stabilize, then drop a bit, tben jump a lot, the slid significantly,....but it should still be higher than last time.

Hahahaha.....but wont get deleted.
Unkerpanjang
post Mar 20 2023, 03:22 PM

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Unker can only repeat like a broken record.

'Dont buy, it's a bubble. Once the LAST bank is rescued, gold price will drop significantly'.

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Unkerpanjang
post Mar 26 2023, 06:17 AM

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QUOTE(poco loco @ Mar 26 2023, 04:21 AM)
hi huyz i got a gold chain 916...which i dont know the weight of it..but at 2017 i bring go check at normal gold shop to quote a price and gotten rm 3400 for it....i wonder how much now in 2023 march?
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We cannot compare in terms of fiat currency,...but RM $ buying power. But since b4 price peak, Shud be profit.
Siam Rd char koay teow index.
2017 - $3.50 big plate
2023 - $7.50 big plate (smaller

This post has been edited by Unkerpanjang: Mar 26 2023, 08:56 PM
Unkerpanjang
post Mar 26 2023, 01:43 PM

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QUOTE(prophetjul @ Mar 26 2023, 01:00 PM)
You already sold. Why bother?  biggrin.gif
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Bro, wait people tembak us back..."You never sell. Why bother? Jeng! Jeng! Jeng!

This post has been edited by Unkerpanjang: Mar 26 2023, 01:43 PM
Unkerpanjang
post Mar 28 2023, 12:57 PM

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Bro, u still talking in Aussie accent le, many words Unker no understanding.

Pls use back KL English.

Kopi is Kopi...what coffee?

This post has been edited by Unkerpanjang: Mar 28 2023, 12:57 PM
Unkerpanjang
post Mar 28 2023, 02:14 PM

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QUOTE(prophetjul @ Mar 28 2023, 01:31 PM)
laugh.gif  laugh.gif  laugh.gif

Nolah...back liao.
Kopi not in mouth yet. Brain no think.

Now please tolong our bro with his question on shops. Kamsiah.  icon_rolleyes.gif
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Bro request, Unker quick-quick do....but low grams, die le the % over spot. Not worth it, ...

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Unkerpanjang
post Mar 30 2023, 07:01 AM

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Unker says good morning

This post has been edited by Unkerpanjang: Mar 30 2023, 07:10 AM
Unkerpanjang
post Mar 30 2023, 12:32 PM

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Delete

This post has been edited by Unkerpanjang: Mar 30 2023, 12:35 PM
Unkerpanjang
post Mar 30 2023, 12:32 PM

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QUOTE(Wedchar2912 @ Mar 30 2023, 11:55 AM)
may I ask...

do you need to set an appointment or they take walk-ins?

and how to get Tier 5 pricing?

tq tq
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Just mention Bro Prophetjul name...otherwise go their website FAQ

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Unkerpanjang
post Mar 31 2023, 06:44 AM

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A note to my younger self, as I continue to accumulate more - I started to get deeply depressed.

Because I realized the thing I spent so much energy n time doesn't bring any satisfaction nor peace of mind. Yet, every dividend declaration date, latest @ 4.5%....major urge to hedge the fast depreciating ringgit for some highly price manipulated piece of useless yellow metal.

Should we witness parabolic gold price, then the very frightening reason we buy gold wud already be a reality. A looming threat to my family's existing safety, freedom n lifestyle.

In retrospect, we spend hundreds of thousands $,. on a yellow metal as contingency, without any purposeful utility n not wearing because it's perceived as distasteful, n target ourselves for snatch thieves. Wouldn't an elegant yet discreet Patek be a much better investment choice?

In summary, how blissful life, if Unker just stayed ignorant (not stumbled across LY gold thread, which ignited interest in acquiring gold) n adopt a que sera sera attitude.

Sigh, time for Unker's anti depression meds....Work!

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