If USD strengthen, suppose gold drop right? For the past year, USD strengthen, gold also rally...the common sense no more right now.

When fed rate drop, gold price up; when fed rate rise, gold price also up. Gold win all liao and should be over $3000 by now. BBB!

Gold bar?

Maybe you missed the rise in the Greenspook's yeras of raising interest rates and gold wnet from $250 to $980?

That's why I said gold win all liao, it is overdue for $3000, BBB

You sounded sarcastic..........plus you are always posting negative gold news and comments.

Where did you get the $3,000?

$250 to $980 is 4 times. $3000 is 3 times from current price is unreasonable?

Funny but the ratio is possible

Maybe. But it doesn't work like that.

Depends how big the next financial disaster will be i think.

This post has been edited by prophetjul: Oct 11 2016, 12:43 PM

U search google, so many website is selling gold bar, even poh kong also selling. 1stopgold also selling gold. http://www.1stopgold.com.my/

I bought my silver n gold there b4. Gold premium is cheaper than the rest. Maybe there are cheaper one out there.

ETF investors accumulate while hedge funds scale back.

If doesn't work like this, why refer to $250/$980?

Sorry but to ask. what is bbb? and uuu?

Not only gold. I have never heard him say any investment is good. Very pessimistic person. I wonder why he stay in FBI ? Maybe he has been burnt before for all his investment endeavor so he is sharing his bad experience to warn people.

icemanfx Every investment has its risk and the associated returns. No 100% sure win investment. Even FD has risk, although very risk risk

You are dead wrong; every investment has its time period to buy, hold or sell. The trick is when.

The herd find safety in numbers and buy on uptrend. Hence, your o&g stocks, kv property investment are sour.

This post has been edited by icemanfx: Oct 12 2016, 07:30 AM

Maybe your don't comprehend too well.

Did i not refer to that rise with Greenspook's raising of interest rates?

Plus yours is pure speculation.

This post has been edited by prophetjul: Oct 12 2016, 08:27 AM

This, i agree with you.

But it's easier said than done. For eg in 2001/2, when gold was 230 to 250, no one cared about it. There are few who bought are enjoying the ride.

i only gave one condition at the time. That if you are putting your monay in FD, gold is going to be better than FD. How much? Only God knows.

"Dead wrong" is your view and investment philosophy. To me, there is no right or wrong in investment. Only better or worse. If timing an investment works well for you, then continue to do it

For my investment started 30 years ago, continued investment (instead of timing it) over the years have provided me very good returns. I invest when I have the financial ability, instead of waiting for the right time. On hindsight, the difference of 10% price at the time of making the investment is immaterial when the investment could have appreciated 100%-500% over long term

To me, investment is a very long term game. Just choose the best investment vehicle option available at the time you have the money.

Ultimately you must be able to make money and justify the IRR for the amount of money and effort put in.
If get IRR of FD rate or lower, what is the point?

You get good IRR well above FD rate, doesn't matter how you do it, it cannot be wrong.
Of course the IRR must be for a period of years. If it is a measly poor IRR after spending so much time and effort,
something is wrong.

But wrong is relative. some can stomach it, no problem also. Even with a negative IRR, boleh tahan rugi, who is to say you are wrong?

As for this gold price going down, take the risk and buy la. ada duit can hold, no problem. tak da duit jangan gamble, play safe.

Agreed ! Always invest with money we can afford to lose

I see your investment return in FSM

But why you post the way you post there ?

This post has been edited by Showtime747: Oct 12 2016, 09:11 AM