Sounds like a scam. Avoid.

Is hellogold or quantum metal are legit? Are these legit? Safe? Or Where would you guys recommend to start to get Gold.

while waiting for responses, you can try this "how to start investing in gold in malaysia" links for some info while you wait

https://www.google.com/search?q=how+to+star...Q4dUDCA0&uact=5

Paper gold. Try klse gold etf or bank gold account. I think prudent way to hedge against our potential RM depreciation, (due to deficit) . I use the Kwsp n ASNB dividends to DCA gold.

Physical gold. Try Silverbullion if u in PEN, KL or JHR. I find them best value compared to other MY gold dealers n gold smiths. If u have other recommendations on MY gold dealers, pls share. Also, I find him cheaper than SG Goldsilver n SG Bullionstar, (after conversion).

Gold etf. Right now traders are shorting GLD, GDX etf, so stay away if u cannot stomach the price volatility.

Lastly, gold requires long term savings/ investmentt, unless u r an experience trader. Reminder, never put all eggs in 1 basket. Take all advice, (mine included) with a pinch of salt.

I am wary of the others.

Hello just wanted to ask is UOB Sunway Kota Damansara sell physical gold i want to convert some of my dividen into physical gold

Time to buy gold

You buy or sell? How you convert from dividend to sell in gold without own it? You may call the bank.

I mean i get lots cash from dividen now i want to buy physical gold .

This post has been edited by Conslow2020: Jan 18 2021, 08:25 AM

Hi sorry gold sifu, complete gold noobie here. My friend is introducing me into gold investment and I'm just gonna copy paste the message here

if u have 1k ringgit, u buy 1k gold, if increase 10% u gain 100 only. but what if today u use 1k to buy 10k gold, 9k the bank borrow u , u no need pay installment, just need to put the gold in their bank, and pay interest base on your gold’s net worth
if gold up 10% how much u earn ? 100%

he say this is called gold leverage asset

SO, idk how true is it, sounds really good tho. What's the catch? If can link me places to learn more about it also can, thx so much!

Sorry for being annoyed i really know 0 shit about gold investment.

What kind of gold investment from what institution would that be? Anyway leveraging without knowledge is a downright disaster. If gold price drop 10% you have total 100% loss of your capital too.

Haha... if drop 10%?
You lose the 1k and still need to pay the interest?

Hey All, newbie here.

Someone just told me that he has Gold in Africa to be sold. Then showed me 2 videos.

My questions would be;
1) I'm sure there are some controls on Gold. Not so easy to move Gold, right?
2) Gold scams has been around.... probably longer than my existence. How to determine if this is genuine?
3) Please share me your thoughts, if anyone talks to me about Gold, I'd probably tell that person to buy BITCOIN instead...

LoL! TQ and your feedback is much appreciated smile.gif

Alarm bells ringing like crazy!
Just stop, don't listen further. Block the call.

can share more info on here? what service provider?

any forecast?

$1830 low yesterday, US to announce stimulus. Good discount.

I would recommt pohkong and tomei.

Firstly because you can touch it and own it physically. See if you like it there.
The well established shop means you can also appreciate the fine workmanship which u can't really get at roadside independent gold shop outside malls.

Then you can go for gold bars or coins. These are also physical items but you cannot touch because it's often sealed and once you open the seal (with manufacturing info and assay certs) the value could drop significantly you don't want that.

Good thing you already have the jewelry grade gold you can rub, bite, or caress however you want anytime
Get both 999 and 916 purity diff too.

Papergold only if you agree to their terms. Account closing and physical withdrawal can be a bit tricky differs from bank to bank and not all offers actual physical backing for every grams you buy on paper.

U mean the bank give you loan 9k?

Pretty much sound like arrahnu works.

You buy 10k gold, give it to at rahnu you get 70% cash (rate may diff)
After 6 months, you pay certain interest +the earlier cash then you get your gold back OR you let them sell it off and they will settle the extra to you but if not enough you still have to top up what you owe.

I guess you must study the current trend, how often you see such 10% appreciation. I know unit trust ppl just love this number in every of their pitch lol.

Mind to share what bank offer this if you any direct link that would be great

See the continent already trigger haha

What country is that? Some parts of the east has very rich natural resources gold and gems. Why you wanna buy from there can't you get them locally? How much do they offer against spot price

Yes, the continent immediately red flagged.
That's also why I'm asking questions...

I've concluded that these people are very likely to be scammers

1790 now. Luckily no buy semalam

I buy 1785.50 and exited 1809.95, happy.