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 Gold Investment Corner V8, All About Gold

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prophetjul
post Aug 21 2020, 03:40 PM

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QUOTE(MUM @ Aug 21 2020, 10:32 AM)
so the better punch line of an investment is " you will NOT lose money in it"?
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Better punchline is invest carefully with good knowledge and understanding.
prophetjul
post Aug 21 2020, 04:50 PM

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QUOTE(MUM @ Aug 21 2020, 04:36 PM)
Yes.. That and add in "and invest with the money you can afford to lose." .. Lagi better
bcos by doing the first part, there is still no guaranteed that you will not lose money.
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Why LOSE? Why so NEGATIVE? YOu Always LOSE?
prophetjul
post Aug 21 2020, 04:53 PM

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QUOTE(MUM @ Aug 21 2020, 04:51 PM)
bcos that is the fact of that could possibility happens also
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The fact is you could make a profit too!

Maybe that's a Freudian slip from you! laugh.gif
prophetjul
post Aug 21 2020, 04:55 PM

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QUOTE(MUM @ Aug 21 2020, 04:55 PM)
yes, that is why invest with the money you can afford to lose and NOT don't invest in it
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That's why maybe you lose often. laugh.gif
prophetjul
post Aug 21 2020, 04:58 PM

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QUOTE(MUM @ Aug 21 2020, 04:57 PM)
yes, that is true too, but at least i don't gives others false hope too
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No one wants your poor experience. And its not false to be able to make money from investments.
Maybe for you, a false hope.
prophetjul
post Mar 6 2021, 11:53 AM

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QUOTE(JohnsonLoi @ Mar 5 2021, 04:03 PM)
Anyone here bought Gold or Silver coin from Apmex dot com before?

Lately I have been reading about it and it seems like it is the most reputable site out of all.

I noticed that there is $49.99 shipping fee. Just wonder about the kastam. Any issue if any sifu have bought from Apmex before?
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Yes. But that was like more than 10 years ago. There is no tax on gold. But silver attracts tax.
prophetjul
post Mar 10 2021, 11:39 AM

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QUOTE(paogeh @ Mar 10 2021, 11:18 AM)
Have anyone sell back Maple or Kijang back to UOB/MBB ?
How is it the process ?

Does bank "verify" the coin ? How ?
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In my experience with sellin kijang to Maybank, some branches actually weigh the coins.

Some branches just accept them at face value, no checks at all.
prophetjul
post Mar 10 2021, 09:38 PM

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QUOTE(paogeh @ Mar 10 2021, 08:38 PM)
Just take at face value , or just weight  ===> not enough verification
Smart counterfeiter  is able to produce fake coins with equal weight
this imply , the gold coins buy from bank is at risk too .
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Maybe Kijang is not so popular to counterfeit.
prophetjul
post Jun 25 2021, 09:34 AM

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QUOTE(clamp_wl @ Jun 22 2021, 12:20 PM)
I bet OCBC did not see gold climbing to $2,000 in 2020. laugh.gif
prophetjul
post Aug 30 2021, 02:59 PM

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(Aug 30): Veteran investor Mark Mobius said investors should have 10% of a portfolio in gold as currencies will be devalued following the unprecedented stimulus rolled out to fight the coronavirus pandemic.

At this stage, “10% should be put into physical gold,” said Mobius, who set up Mobius Capital Partners after more than three decades at Franklin Templeton Investments. “Currency devaluation globally is going to be quite significant next year given the incredible amount of money supply that has been printed.”

Bullion rallied to a record last year as the coronavirus pandemic spurred a flight to haven assets but it’s pulled back since with the roll-out of vaccines. To fight the crisis, central banks and governments worldwide have unleashed an unprecendented wave of monetary and fiscal stimulus, boosting balance sheets at the Federal Reserve and elsewehere and straining state finances.

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“It is going to be very, very good to have physical gold that you can access immediately without the danger of the government confiscating all the gold,” Mobius, a long-time fan of the metal, said in an interview.

Spot bullion, which traded at $1,816.16 an ounce, hit an all-time high above $2,075 about a year ago. Year-to-date, it’s shed more than 4%, while global stocks hold near a record and the Fed lays out a strategy to pare stimulus.

https://www.theedgemarkets.com/article/mobi...set-be-devalued
prophetjul
post Sep 6 2021, 10:03 AM

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QUOTE(Unkerpanjang @ Sep 5 2021, 10:47 AM)
Only problem, no dividend earned from phsical gold holdings. As mention, part of asset diversification. Need other investments to offset dividends for this sleeping asset.
Just forum sharing as i enjoy gold stacking.
1. Pamp bars. Buy min 50gms, preferably 100gms, minimize % over spot
2. Rounds 1oz n Fractionals. Higher % compwred to bars
3. Lunar series 100gms n 1oz. Avoid at all cost (where possible). But i appreciate feng shui.
4. 24K jewellery approx 450 gms. Best way to walk thru airports w/o customs check
5. Numesmatic gold. Parts of my solid gold collection by famous late-TH monks. My fav pass time once retired n control this endemic. Shoot documentary on gold talisman.
There's still Quater dollar Liberty Head coins n other jewellery  gifted by parents, kept i deposit box.

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Unker shewing off? tongue.gif
Some of my gold numismatics collectables laugh.gif

1ozdragon
2007 kanga st sunset
2009 kanga at sunset
1 oz silver lunar set
transformers silver
Rolf harris
2009 1oz Ultra High relief double eagle NGC MS69
2010 1oz tiger gold coin
2008kanga at sunset
1oz opal treasures
Pig gold proof set
2008w american eagle
2009 BUFFALO NGC MS 70
2008-W American Gold 1/4 oz Eagle $10 Burnished
2002 Australia Gold Horse Coin Set
2009 BUFFALO NGC MS 70
2009 BUFFALO NGC MS 70
2010 1oz tiger gold coin
2009w buffalo PF PGCS70
2010 1oz tiger gold coin
3 oz Gold britannia
2010 Kangaroo at Sunset $25 Gold Proof Co
1/10 ozAustralia Solomon Shekel Judaica NR
1 OZ PROOF 1987 AMERICAN EAGLE
1 OZ PROOF 1987 AMERICAN EAGLE
1oz pig gold coin
2009 1oz Ultra High relief double eagle NGC MS70
1ozdragon gold coin
2009 1oz Ultra High relief double eagle PCGS MS70
dragon proof set
20 nos. 1/10 oz amer eagle gold
1 oz kruggerand gold
1 0z 2010 buffalo gold ms70
1 0z 1998 tiger lunar
2 nos 2009 britannia 1 oz gold
1987 panda gold proof set

prophetjul
post Sep 6 2021, 01:34 PM

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QUOTE(Unkerpanjang @ Sep 6 2021, 12:02 PM)
Haha, fun flexing only... See, I anticipate the big whales oso jump in to share muscle flexing. Got free time, u pls take some photos of Yr favourite items, lah!

Start with your high relief MS69 coin!!!!
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prophetjul
post Sep 6 2021, 01:39 PM

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This one is quite rare. I dont have the picture with me presently.
It is the year2000 Australian Lunar Dragon proof set.

This post has been edited by prophetjul: Sep 6 2021, 01:40 PM


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prophetjul
post Sep 7 2021, 04:33 PM

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QUOTE(aaronpang @ Sep 7 2021, 02:43 PM)
Awesome stack thank you for sharing.
Hope to accumulate a stack like that someday  thumbup.gif
That's a sweet collection of proof coins.
I'm looking forward to Perth Mint Tiger  biggrin.gif

[attachmentid=10967815]
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I have these BU bullions, the 1998 and 2010 tigers. I am a tiger. laugh.gif

But the 2022 is 1 oz proof at Aud3545! ohmy.gif No more bullion collection.

This post has been edited by prophetjul: Sep 7 2021, 04:41 PM


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prophetjul
post Sep 9 2021, 10:53 PM

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QUOTE(aaronpang @ Sep 9 2021, 07:23 PM)
Ox arrived today... Tiger is next ..

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[attachmentid=10970891]
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You buying the 1 oz tiger gold proof? sweat.gif
prophetjul
post Sep 9 2021, 10:57 PM

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My 1997 ox




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prophetjul
post Sep 10 2021, 03:34 PM

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QUOTE(aaronpang @ Sep 10 2021, 01:57 PM)
Correct Maybank sells exclusively Kijang.

Commemorative coins are different kettle of fish vs bullion.
Collectable coins are separate from bullion stack, purely for enjoyment and happiness  rclxm9.gif

Commemorative 1oz gold coin could cost RM12k
Bullion 1oz gold coin on the other hand may cost RM7.8k

Haven't purchased Buy Silver Malaysia. Can't comment personally.

Purchased from following stores, no issues
1) www.apmex.com
2) littlecoinshop.com.au - purchased Lunar Mouse here
3) thecoincompany.com.au - purchased Lunar OX here

europabullion.com (purchase not yet completed)

Lunar OX was purchased from:-
https://thecoincompany.com.au/australian-lu...gh-relief-coin/

Buying from abroad can be complicated.
Esp. if Malaysian customs decides to tax your non-taxable gold hahaha.
Yes eagerly awaiting sweat.gif 

Collecting High Relief Proof of the Lunar Series III
Coin is thicker and design has nice depth.

I'm hoping to collect all 12 coins.
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Aud3545 is too pricey for me. smile.gif I had a close look at the picture. It does not seem to be a High relief.

This post has been edited by prophetjul: Sep 10 2021, 04:01 PM
prophetjul
post Sep 10 2021, 03:36 PM

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QUOTE(aaronpang @ Sep 10 2021, 02:15 PM)
Kastam invoice  laugh.gif

Wanted to charge RM1238  dry.gif

[attachmentid=10971445]
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There should be any tax on gold. Silver yes.
Not gold.
prophetjul
post Sep 10 2021, 04:37 PM

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QUOTE(aaronpang @ Sep 10 2021, 04:16 PM)
Doesn't stop them from trying to untung atas angin  biggrin.gif

Fedex agent I spoke with insisted item value > RM500 must be taxed because it's government rules.

Refused to budge until I pointed HS CODE 7108200000 means tax free for gold.

They cherry picked HS CODE 9705009000  to charge tax  devil.gif  shocking.gif
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I have never paid a single cent of tax for import of gold bullions. smile.gif
prophetjul
post Sep 10 2021, 04:44 PM

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Here....



The Royal mint coin looks much better.

This post has been edited by prophetjul: Sep 10 2021, 04:47 PM

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