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 Gold Investment Corner V8, All About Gold

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XtraLeoGecko
post Mar 13 2018, 07:28 AM

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Oops, so sorry if i had confused anyone on the Group Buy price..... see attached example for simple math calculation.
Attached Image

AGAIN, i do not see how this discussion r going anywhere IF one does not realized or refused to acknowledge that there r actualy many-many groups locally which r having 100 to >70,000 members, each day buying & selling 0.5g bars / 1g bars / 2g / 5g / 10g / 20g / etc

For the past 5 years, I NEVER see any transactions of these below spot or even on spot; MOST of them always use Public Gold GAP's price as reference and mostly adjust upwards on premium. Even desperate sales r often not lower by RM5 from the GAP price.

Typical sales qty range from 1pc to 100 pcs of multigram.

Sometimes in life, is not academic intelligent BUT market intelligent which makes the difference.

Keep stacking meaningfully.... Cheers!
XtraLeoGecko
post Mar 13 2018, 11:23 AM

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Hmmm.... i am speachless actually reading ur reply.

By the way, different brands does carry different premium (PublicGold / Nadir / RCM / Pamp / Metalor / Credit Suisse / LBMA or non LBMA accredited), similar applies to big sizes bars. On top of that 99.9% are different from 99.99% too!

U just failed to understand 1g premium n the different needs of a big segment of markets whereby in Malaysia people trades multigram -- this means we will never lost the premium paid but enjoy easier liquidity.

I will continue to stack <5g sizes (continue to buy at high premium over spot n liquidate at high premium over spot) n wish u all the best in ur big sizes bars which is closer to spot price but u would also need to sell closer to spot too (perhaps less buyers who can afford).

All the best n let's move on to other topics.
XtraLeoGecko
post Mar 13 2018, 11:39 AM

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QUOTE(rilekrilek @ Mar 13 2018, 11:28 AM)
Ok lah I gave all facts lets just agree to disagree… u keep buying ur 1g I keep buying my 1oz 100g.  icon_rolleyes.gif
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Superb!!! Great and let's move on to next topic.

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