Kijang primarily...

Couple of reasons no1 is no packaging or capsule between me and the gold.
Can feel, touch and test the gold without much hassle.

Also find it easier to buy/sell from Maybank KL Main.

Gold bullion from UOB there's a lot of T&C can't open their packaging.

Public gold spread is higher unless buying > 100g.

Kijang is as odd bullion, it's not issued every year.
The latest mint year for Kijang are 2012.

So far all recent Kijang I've purchased are new dated 2012.
Not gotten used or dinged up Kijang lately.

Have to call if have stock, Maybank KL main no issues I've always managed to walkaway with gold.

If buying half and quarter always in stock less people buying.

This post has been edited by aaronpang: Sep 2 2021, 01:56 PM

Yes, agreed, physical gold is the only way to secure your wealth. Paper gold means nothing if banking system collapse or government goes bankrupt. I have been collecting physical gold since 10 years back, and i have collection of gold bar from Precinox, Pamp Suise, Argor Hareus, Public Gold, IGR. I don't mind collecting more if i get extra bonus every year.

Cash under pillow is the best. Bank collapsed, money still under your head. :-)

if singular bank collapse maybe yes. but if whole banking industry collapse, that paper might be worth alot less. like in afgan or lebonan

Seriously, I wonder if you need extra budget to rent a safe deposit box in bank to keep your gold? Otherwise, where would you keep them?

Do you guys think our country will collapse?

We can only hope for the best n prepare for the worst. The human mind is most powerful tool. It can either trigger a person to do something about it or do nothing.
Weekend approaching fast, let me share my gold stacking journey n post it here. Purely for fun flexing!

This post has been edited by Unkerpanjang: Sep 3 2021, 05:46 AM

Yes very likely if the current government continue fail. Just do our own part to safeguard our own fortune.

if you affraid country collapse or go into hyper inflation, dont buy gold. buy USD and keep your money overseas.

if you scared of world economy collapse only buy gold.

just my 2 cents

Hi all sifu,

Came across this new fund from PMB (https://www.publicmutual.com.my/Menu/Campai...Launches/PeEMAS).

Looks like it's almost purely on gold investment (>90% as per the website).

Any sifus here can share some pros and cons of this vs those online gold investment accounts from banks? Coz I'm now considering to open 1.

I see that there's a management fee of 0.85% pa. Looks like this is the biggest cons?

Thanks

This post has been edited by lowyat101: Sep 3 2021, 10:16 AM

while you wait for replies,...
i just saw some postings in PM thread...
try post 2648 onwards
https://forum.lowyat.net/topic/3580942/+2640#entry102216183
hope it can gives some info,...

Great, thanks for the link

Hi, wanna ask a a question about this physical gold coins.

From UOB website and MBB website?, I see that the price for 1oz is much cheaper at UOB. Also the spread for UOB is lesser. Just wondering if there's any hidden charges here? Else what's the other benefits of getting from MBB instead of UOB? Is it the Kijang will be more widely accepted in the future?

Thanks

If you buy gold, atleast your can liquidate your gold here

If you park your money overseas, how will you retrieve it?

We are talking about the country collapsing, traveling out of the country might be hard since there will be a mass exodus.

Either bank is fine in my opinion you decide which fits best.

Difference in pricing over spot gold is called premium.
I don't work for either bank so I don't know exactly how premiums are calculated.

There's a lot factors that goes into a premium.
Example holding cost, hedging and cost of manufacturing individual products.
On OUB's site, 1oz sovereign minted coin has higher premium vs 1oz private bar for comparison.

Difference between buy and sell price is called a spread.
MBB spread is fixed 4%
UOB if I recall is subject to change but don't quote me on that.

Gold is naturally widely accepted.
Having said that, best to sell back to original seller to maximize returns.

Maybank has more branches that buy and sell gold.

Not sure if UOB still insist on bagging, its an annoying practice.
UOB will seal in pouch and you cannot open the bag to handle and test your gold.

UOB buyback policy is strict.
Opened packaging, dinged or scratch item will be rejected.
Maybank has more leeway for dings and scratches.

Might not be applicable for everyone.
I have MBB account, simple to direct debit at the counter.
Rather not carry bundles of cash

This post has been edited by aaronpang: Sep 3 2021, 03:44 PM

Thanks,

Just wondering, will it look weird if I just go and buy a 1/2 or 1oz coin only? Will they entertain this or got minimum purchase?

Perfectly fine to buy 1/4, 1/2 or 1oz there's no minimum order.

Call in advanced to check if got stock.
Before you go check UOB SOP.

For Maybank SOP make an appointment for counter services.
https://www.maybank2u.com.my/page/appointment/

List of Kijang Branches
https://www.maybank2u.com.my/iwov-resources...Emas-branch.pdf

This post has been edited by aaronpang: Sep 3 2021, 04:01 PM

Thanks again for the info. But the appointment availability, only got slot at the end of the month

Try Credit card, investment, insurance and loan/financing...

When you get there mention want to buy kijang emas.

Haha ok ok, thanks for the tip

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

This post has been edited by Unkerpanjang: Mar 19 2023, 02:33 PM