Hi gold forumers,

i know this aint the right place but i have in hand 1 coin of emas bunga raya ( 10gram 24k purity) for sale.

Price i am asking is rm1650,it comes with cert of authencity

Pm me ,only serious buyer

Right now, if you are looking for local, the best is from Public Gold. head by Dato' Louis Ng, we are massively growing and planning to be among the best in the world.

Public Gold also have gold bars & dinars & silver. You can start from as low as 1gram @17x . Feel free to pm me here or wassap @ 019 3520178. I'll be happy to explain more since I am their Authorized Agent. I'm not selling anything, only guide those who are interested to the correct path. Any transactions will be direct between customer & the company.

Well, Public Gold spread for sure not the lowest in town. between 5-8%. Which can be reduced by becoming a dealer. If you get the dealer status, you are entitled between 1-2% rebate from your purchase. and if you are an active dealer, the spread wont even bother. Btw, what is the spread for pamp or poh kong whenever you want to sell it back? The design not really play a big role for the true gold bugs. As long as the gold is real, good for investment, enough already. Beauty is in the eye of beholder anyway.

To each his own.. Anyway, with Public Gold, is a heaven for those who has small budget but know the importance of keeping gold. They can buy as small as 1 gram and bring it home or keep the gold with Public Gold for free, accumulate the gold by top it up bit by bit and withdraw the physical gold anytime you like.

Since not everyone able to liquid their gold outside Malaysia, they will find whatever the best that can suit them. And here where Public Gold exist to cater their needs.

Public Gold also has no problem if you wanna buy or sell in kilos. Anyone interested or need more explanations, feel free to PM me here or send me Wassp @019 352 0178.

Can consider gold coin instead. Kijang Emas from Maybank or GML/GKN/SGL from UOB bank.

then let's wait for the price to dive below USD1K for a bargain buy...

You don't own it if you can't hold it.
I personally stay away from bars that is not recognised worldwide (except for gold coins) or at least it has to be from well known mints.

public is public bank subsidiary?

lol typical mistake by most Malaysian!

when one sees "public" name, straight think about Public Bank

name games....it always works.

I wonder if Public bank have asked for some "fees" for using the "Public" name

http://www.bloomberg.com/news/articles/201...go-higher-chart

could be a bear trap, you can see similar pattern around oct 2015, the golden cross

I hope it is a bear trap also... because i havent got enough stock yet...

That's why having a clear target of how many % of ur asset to be in precious metals (gold & silver) is important. Then the plan to accumulate towards tat is equally important. How high is high / how low is low? How the exchange rate further complicates the risk of uncertainty? So, if u not sufficiently hedge against crisis, does the current spot price in RM attractive enough for u to start accumulation OR it is worth more risk for the spot to drop? Do we hv the crystal ball?
Purely hedging purpose - does it matter so much to buy at 170/g OR 180/g OR 200/g, if we r hedging against risk or eventually >400/g?

At the end is about are we sufficiently hedge at this moment? Does it worth more to wait or not to wait?

Don't only accumulate gold, silver has higher potential due to its current high ratio to gold at 80:1

http://secularinvestor.com/gold-market-exp...-market-explode

This post has been edited by XtraLeoGecko: Feb 26 2016, 08:21 AM

found out that physical precious metal is NOT as liquid as I thought. Hard to find seller for physical gold and silver. I am going for paper/physical mixed now..

It's last year right before our RM falls (around August) and last December.

I've been wondering about this, how many silver dealers are there in klang valley or rather in msia that you could go to liquidate ur silvers?

I would never recommend people to sell their gold or silver to dealers who offered Buy Back. Simple reason, their buyback price is just too low. U can always find many buyers at higher than the dealers' buy back price in forums. Don't believe? Try out.... sell RM1/oz higher than Dealers' buyback price, u would hv the item sold soonest than u thought. (I would b one of the many potential buyers, :-)

This post has been edited by XtraLeoGecko: Feb 26 2016, 01:19 PM

where will u get ur cash to buy back if all ur customers want to liquidate their PM?