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 Gold Investment Corner V8, All About Gold

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max_cavalera
post Dec 7 2014, 10:49 AM

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QUOTE(icemanfx @ Dec 7 2014, 10:27 AM)
Gold price is unlikely to go on another bull run in 3 to 4 years time.

If depreciating myr is your concern, you could just buy SGD, USD, or EUR.
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As USD is rising against almost all major currency....wouldn't other country that owes the US credit need to pay higher amount due to the exchange? wont they eventually default on their debt(especially smaller countries) payment to the US? Higher USD currency seems like benefit US government but its actually a double edge sword... hmm.gif
max_cavalera
post Feb 10 2015, 06:11 PM

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QUOTE(Johannlo @ Feb 4 2015, 03:07 AM)
Gold finally drops. sliding down at $1258 now. What's the reason for this significant drop?
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Very hard to say...from time to time the price burst ipward significantly for a short while....after that it lose momentum and receed back slowly for quite sometime...
max_cavalera
post Feb 18 2015, 04:51 PM

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QUOTE(Johannlo @ Feb 18 2015, 04:01 AM)
Gold sliding down @USD 1208 now. Still waiting for it to slide down further before I convert my cash into gold.
Where's the gold price forecaster in this thread?
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No one can predict the gold price accurately not even experts...

Having said that take calculated risk when buying hold avoid buying in a single lump shot..
max_cavalera
post Feb 24 2015, 05:20 PM

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QUOTE(HolyHuman2000 @ Feb 23 2015, 10:55 PM)
a well informed investor that spent half a million at 1900 won't panic, gold is wealth preservation, not a quick-rich investment
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Wealth preservation...almost 40% value gone for half million worth...they been waiting past 3 years oso gold have been at 1300-1400 lvl now even lesser at 1200...what wealth preservation?
max_cavalera
post Feb 28 2015, 01:33 PM

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Still holding above 1200 level so far...
max_cavalera
post Mar 4 2015, 11:13 AM

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Wheres the hardcore goldbug that likes to humiliate people?
max_cavalera
post Mar 7 2015, 03:08 PM

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Going down at 1166 usd an ounce.... Some hardcore goldbug previously prolly losses ng his shirt iver this right now lol...
max_cavalera
post Mar 7 2015, 11:03 PM

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Anyone buying in at current price? Very good bargain anyway...long time it havent drop this low...
max_cavalera
post Mar 9 2015, 11:01 AM

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QUOTE(pustapazik @ Mar 9 2015, 11:59 AM)
only consider to long around may/june
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U confident can drop deeper? Huhu

But as earlier comment teah current price doesnt make any difference since MYR depreciate a lot against USD
max_cavalera
post Mar 9 2015, 08:56 PM

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QUOTE(nexona88 @ Mar 9 2015, 09:44 PM)
Stay clear, gold selloff could get uglier

"Gold has fallen from grace and its ascent to $1,306 in January now looks to be a false dawn and a distant memory," Howie Lee, investment analyst at Philip Futures wrote in a note on Monday.

"It is now in negative year-to-date territory and the downtrend looks unlikely to stop here. With the Fed moving closer to a rate hike after last Friday's labor report, no amount of buying-on-dips will likely be sufficient to rescue gold from its slide south," Lee said, adding that his 2015 target of $1,100 is now firmly in sight.

With a stronger U.S. dollar and little sign of inflationary pressure on the horizon, Ric Spooner, chief market analyst at CMC Markets, says it's the "worst case of all worlds for gold."

"The rally that took place [earlier this year] has failed. Critical support near $1,180 has been broken. This was long-term support starting June 2013 and tested numerous times so strong break below is very bearish," said Daryl Guppy, CEO at Guppytraders.com

His downside target for gold is $980 – 16 percent lower than current levels.
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Once it break below 1k usd its gonna get my head turn smile.gif

This post has been edited by max_cavalera: Mar 9 2015, 08:57 PM
max_cavalera
post Mar 12 2015, 08:50 AM

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QUOTE(pustapazik @ Mar 12 2015, 12:00 AM)
Not serious yet, tomoro nite I guess the super show. Be afraid, be very afraid smile.gif
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Hohoho ur info very nice bro!

The itik goldbug dunno what will happen to him already....
max_cavalera
post Mar 17 2015, 04:11 PM

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QUOTE(pustapazik @ Mar 12 2015, 10:36 AM)
Haha just sharing my view only as a financial advisor but here can't promote much, later kena ban by admin tongue.gif
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Down to 1153 usd an ounce now....

Itik hardcore goldbug must be bleeding left right up down currently LOL
max_cavalera
post Mar 19 2015, 08:14 AM

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Gold up to 1170usd on weakening usd
max_cavalera
post Mar 19 2015, 03:55 PM

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QUOTE(sinbad2k @ Mar 19 2015, 12:50 PM)
maybank kijang emas is still more or less the same price as yesterday despite a big jump on gold price. not sure why.but it should be good to buy today before they adjust to the current international price level.
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Gold jump but usd is weakening against MYR so give or take the price when convert to rm remain the same....
max_cavalera
post Mar 27 2015, 12:18 PM

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QUOTE(pustapazik @ Mar 27 2015, 11:18 AM)
ready to short again
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Gold is in no mens land territory biggrin.gif
max_cavalera
post Mar 27 2015, 12:42 PM

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QUOTE(pustapazik @ Mar 27 2015, 01:36 PM)
haha swing bro, but still no confirm entry yet. gonna watch it closely around 6/8pm later. see how
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Lsomehow respect u so brave to trade in this commodity...the knowledge to swind trade this metal u need an extensive and deep knowledge of global capital flow and macroeconomy of the world...

I found stock trading to be much easier profitable trade than this biggrin.gif
max_cavalera
post Apr 5 2015, 10:44 AM

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Next week probably dow jones gonna get a lil correction based on latest us data?
max_cavalera
post Feb 14 2016, 11:41 PM

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Fuhh gold revive again and rebound aggressively.! 😆🎉
max_cavalera
post Feb 14 2016, 11:42 PM

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Are they anticipating deustche bank imploding?

I think can shoot up aggresively if it did
max_cavalera
post Apr 21 2017, 04:29 PM

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Not sure hiw to say this...

I been an avid goldbug since 2011 when gold hit all time high....

But gold price have been supressed the last how many years until now 2017?

In the meantime, deflationary cryptocurrency like bitcoin....price have escalated from like 10cents-1 dollar per btc circa 2011, to 1310USD per btc currently....

I personally think market have moved on to a medium which is much harder to be traced, confiscate and tax by the government, as well cryptocurrency is very easy to move between country and region without any permission ask from any government country.

Try moving ur physical gold out of country and see how your government react to stem capital outflow control

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