uneasy w ringgit performance.. dunno should buy more gold or not

Some say, christmas is the turning point. Is it true?

turning point of what? going up or down?

Well see.....dow joes also crawling sidewayat resistance lvl...whether the dow shoot upwards or downwards...then gold will react inversely to dow movement.....

What is the minimum amount of precious metals I can bring accross malaysia from Singapore.
Can someone give me an answer?

U been saying of this since early of the year....

Gold price is set internationally and if u buy any gold bullion from banks or licensed company the spread is quite competitve...so i dont understand why the insist of buying gold in singapore n brining it back here?

They have gold mine i si gapore n selling it at huge discount there ah?

Gold is doing 1194, the upward trend is still intact for now, Crude Oil is forming a breakout pattern, USD going strong.. up, up, up for about 12 days now meaning Ringgit against USD down, down, down. 1 USD is now worth RM 3.36

Zero, I dont think the Malaysian or Singapore authorities will stop you because you do not
have any precious metal on you... BUT again who knows.. maybe I am wrong

This post has been edited by lyralp: Nov 20 2014, 07:57 PM

Gold is doing 1204, is Up, Crude Oil has moved Up quite a bit & USD also Up

yeah funny question, minimal amount some more

broken the 1200 mark..

Yup. Suprisingly gold always evade majority prediction lol....

new outcome; looks like its heading up further.. somewhere *toot*
its heading towards a very strong technical crossroad..after which it will take a strong move probably up or down.. hehehe

Are you even sure about this.
Because it seems that you never do your damn research.

Precious Metals is definitely cheaper in singapore.

Have you even taken the time to do an actual compare? No.
All you have is assumptions.

Obviously you never research about this.
Nope they dun have. But then government regulation over there supports bullion dealership.
There is no similar gov support over here.

Confirm, ppl like you cannot be taken seriously.

And we expect to take you seriously.

Do you even google?

I never ever said that you should buy in singapore and carry over here before.

You said gold is priced the same internationally.
Do you know that in Britain, you have to pay 20% tax when u buy gold?

Think before you talk lah.

https://www.buysilvermalaysia.com/shop/prod...-Mint-RCM-100-/]https://www.buysilvermalaysia.com/shop/prod...-Mint-RCM-100
https://www.bullionstar.com/buy/silver-bars


I hope you know how to use a calculator to do the conversion.

This post has been edited by sylar111: Nov 24 2014, 02:52 AM

ok I meant maximum.
But then the question should be pretty obvious.

Anyway, the answer is less then USD10k

edited

This post has been edited by sylar111: Nov 24 2014, 02:52 AM

Thrs no gold tax as well if u buy any weight in malaysia. They take a small amount of commission in spread of buy amd sell. No tax on trading it so far so what do u mean by malaysian governemtn dont support it?

And if u buy in sgd in sg im pretty sur gold price set internationally in USD and exchange rate would follow back the green back as the benchmark for conversion...

You would likely even lose more money if u buy there in sgd..when u exchange rm in sgd u already lose a few percentage as the forex counter ppl charge u the commission through their spread.

Carrying stuff from sg to malaysia also cost much more in transport fees. It is also highly risky as u migh get robbed or the customs department seize ur asset. They can charge u with any form of suspicious activity including money laundering an confiscate ur asset at will...

Unless u r saying the governmen of sg subsidize ppl buying gold but then that a big joke....

I have already given you the comparison between the 2 prices.

Did you even compare the 2 prices?

That is why I am asking the question as to how much I can bring in from Singapore.

Guess not.

This post has been edited by sylar111: Nov 24 2014, 04:40 PM

Not to worry, it was all in jest... thanks for the info

Gold doing 1196 and still in uptrend (minor), Crude Oil is Up, USD's upward move has lost momentum