Can always diversify....

Reality = Peace of mind vs Up/down yo-yo roller coaster ride ... your choice 

Well Said Bro Panjang!
Hopefully we will never experience a parabolic rise but a gradual rise of the useless yellow metal.
But looking at the banks going into stress, including the giants such as Credit Suisse, i am not surprised of anything.

Another good reason to keep some gold

https://www.theedgemarkets.com/node/661420

Unker safe now must be very big 😂

Anyway your future grandkids cannot say the above because you have already preserved the wealth 🤦‍♀️

Remember in order to accumulate in gold in the 1st place one has to have excess wealth after needs is fulfilled in order to go on that journey

Bro Unkerpanjang

When did you first invested in the useless yellow metal?

When did you start investing in the yellow metal? 

As far as hotel rooms, i command these nasties to get out in my Lord's name. 
No problems there.

Central bank gold buying update: 2023 sees the strongest start to a year in more than a decade

The gold market continued to receive support from central banks as countries kept adding gold to their reserves in February, marking the strongest start to the year since at least 2010, according to the latest data released by the World Gold Council (WGC).

Global gold reserves increased by 52 tonnes in February, rising for the 11th month in a row, the WGC said Tuesday. In January, central banks bought 74 tonnes of gold. And that follows record levels of last year, with 1,136 tonnes purchased.

Year-to-date, central banks' net purchases stand at 125 tonnes. "This is the strongest start to a year back to at least 2010 – when central banks became net buyers on an annual basis," said WGC's senior analyst Krishan Gopaul.
The biggest purchaser in February was the People's Bank of China, with 25 tonnes bought. This was the fourth monthly increase for China, during which the PBOC added 102 tonnes of gold.

The Turkish central bank bought gold for the 15th month in February, adding 22 tonnes to its reserves. Turkey was the largest gold buyer last year.

Also, the Central Bank of Uzbekistan added eight tonnes, Singapore bought seven, and the Reserve Bank of India added three.

The National Bank of Kazakhstan was the only net seller, offloading 13 tonnes.
The February data excludes newly revealed Russia numbers, the WGC added. Russia disclosed that it bought one million ounces (31 tonnes) of gold between February 2022 and March 2023.

"Based on the new information, gold reserves now account for 24% of Russia's international reserves," said Gopaul.

By

Anna Golubova
For Kitco News

It's useless till.................it becomes useful. 
Look at bro wolves. 

i will disappear if gold hits $5,000.
Before, i will enjoy the ride. 

This baby is now worth RM90,000 a piece. 

I already positioning Gold to hit 2200 this year so easily 5%  from my Monday bought extra position

Laughing now also because of Silver gains even more incredible

Unker should be happy no rub salt for auntie worries 😂

Hi all, is it too late to start investing in gold? Long time ago bought and received some 5g gold pieces, those poh Kong type. Bodoh2 sold off paper gold also but needed to liquidate la. Now looking to diversify. Hope sifu can give insights..

Hi guys, I'm new here.

I have few inheritance gold, all are jewelleries. Which I gave to my wife and daughters. Over the years, we bought a lot of gold jewelleries for my wife and daughter, mostly from Poh Kong. We did not think of it as investment, but as accessories for special events (we don't use it daily).

This year we started to invest in gold. I tried reading some books, but as expected, I'm as dumb as a rock when it come to investment. Tried to sign up for classes, but all promote their own brand. So far I opened MIGA account last month and purchase 5g of gold. I thought i want to wait until it reaches 50g at least, then only redeem the physical gold.

I read here that its better to buy physical gold from bank or reputable bullion dealers.

Can guide me on how to invest actively in gold? thanks in advance

No worries.
Most gold hoarders are dumb going for the usless yellow metal! 

Seriously, for me i just hoard all the way from 2002. No trades as i am just dumb in trading. So fat so good as it maintains pretty good value in MYR. 

1. i will sell some at less than 5k. That is to rebalance my portfolio exposure to gold.  Which is normally 15 to 18% . It did touch 25% in the early days! 

2. My physical gold is all accepted by institutions. Kijangs by Maybank. Roos, pamps by UOB.
  Other collectibles may be a bit more difficult such as Perth mint lunars, American Eagles, Britannias, Pandas, etc

3. Of course!  NO CHEQUES ALLOWED!