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Gold Investment Corner V8, All About Gold
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virulence
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Apr 1 2024, 09:38 AM
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Getting Started

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QUOTE(nexona88 @ Apr 1 2024, 08:38 AM) should hold for selling first... coins or bar... My maple leaf can wait for now 😄 Gold price is on up trending 💰🤑 Inflation rate isn't dropping hence price of gold keeps going up & currencies are losing purchasing power.
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virulence
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May 2 2024, 03:08 PM
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Due to their deficit spending & inflation creeping up again so he stated that he would maintain rates for longer but the market expects a rate cut plus election is round the corner. In theory if they keep going down this deficit spending path, rates would have to climb higher as who wants to keep buying their debt when it is unsustainable.
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virulence
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Jun 2 2024, 08:22 PM
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QUOTE(bengang15 @ Jun 2 2024, 09:35 AM) BuySilverMalaysia was selling it awhile back but it must have sold. There's other bars in grams: https://www.buysilvermalaysia.com/gold-wholesale/
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virulence
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Aug 2 2024, 10:31 PM
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Yes DX-Y dropping so gold price is going up. Another thing to watch out for is the middle east which could cause prices to go higher.
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virulence
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Sep 15 2024, 08:50 PM
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QUOTE(AVFAN @ Sep 15 2024, 07:36 AM) i subscribe to this latest view: as for strengthened RM, it's probably running out of steam. maybe BNM will intervene!? I heard that the Russian Central Bank is on a buying spree till early Oct. US signalling rate cuts next week and most of the major central banks will follow. Not sure if BNM will maintain rates or start to cut rates too.
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virulence
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Sep 15 2024, 09:14 PM
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QUOTE(Wedchar2912 @ Sep 15 2024, 08:57 PM) russia need to be on spree? russia can just pass their rubble for gold to their own miners... its one of the largest gold producers... Yes from an accounting point of view is left pocket to right pocket and the asset would be on the central bank's ledger but the key thing is it should affect the global supply/market.
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virulence
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Sep 23 2024, 10:21 AM
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QUOTE(killertcb007 @ Sep 23 2024, 10:03 AM) There's no guarantee that gold will reach $3,000, but the probability is high given the factors at play. The U.S. debt situation, the upcoming election, the post-election landscape, the rate cut cycle, USD toilet paper, BRICS, and geopolitical events all seem to support a rise in gold prices. I don't see any significant events that would work against this trend. The current price is being manipulated by digital contracts, making it unclear how the physical gold supply is managing to keep up with demand. Countries' reserves and central banks are purchasing physical gold, often in massive quantities, measured in tons. So when countries' gold imports begin to surge, it's a clear sign that something significant is on the horizon. Looks likely to hit $2700 soon with the Middle East escalations.
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virulence
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Sep 24 2024, 12:26 PM
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QUOTE(Nitrous @ Sep 24 2024, 11:08 AM) Can I know where do you guys buy gold bars like PAMP 10, 20 or 50gm bars around Klang Valley? Any recommended gold dealers whom I can reliably buy from? Thanks a lot You can compare this place with others: http://www.goldbullion.com.my/OurProduct.aspx
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virulence
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Nov 7 2024, 09:34 PM
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QUOTE(AVFAN @ Nov 7 2024, 09:02 AM) Trump win aftermath. will effect last?? 07 nov 2662 378.62 4.422 06 nov 2738 387.7 4.403 31 oct 2788 392.60 4.379 (new record high in $, RM) 30 oct 2778 390.40 4.369 29 oct 2744 385.00 4.362 23 oct 2746 382.51 4.332 22 oct 2735 380.10 4.323 21 oct 2732 378.05 4.304 19 oct 2721 376.62 4.304 18 oct 2700 374.00 4.310 16 oct 2680 370.00 4.293 15 oct 2654 367.90 4.311 11 oct 2652 365.62 4.288 04 oct 2662 362.40 4.234 They are going to blame Trump for recession haha
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virulence
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Nov 26 2024, 05:23 PM
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QUOTE(tropik @ Nov 26 2024, 02:30 PM) Yes, was told the same thing when did enquiry at Jln Ampang UOB. Then was asked if the bullion in proper cover/original packaging. I was like wtf, like time you just handed me in its bare form. Now worried it may affect my selling price. No big deal as you can resell it to other bullion dealers if you have opened or if the original packaging is torn. You can speak to a rep at SilverBullion.
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virulence
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Nov 28 2024, 04:03 PM
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Getting Started

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Unfortunately most people think buying gold is an investment which they only look at nominal gains. Buy it for wealth preservation; i.e. hedge against inflation & currency debasement.
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virulence
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Feb 19 2025, 10:04 PM
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Getting Started

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QUOTE(devilmaycry9 @ Feb 19 2025, 09:53 PM) i'm just curious everyone talking about gold vs inflation and central bank buying gold etc... but i see the silver price is going up high too. any comment on silver demand? Just my opinion but physical silver premiums are on the high side.
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