http://silver-phoenix500.us7.list-manage.c...2d&e=1fb1d44542

Gold doing 1193. Is going down along with Crude Oil. USD going sideways. Crude taking a bit hit, doing 70.32/barrel all because OPEC not going to reduce its production.

This post has been edited by lyralp: Nov 28 2014, 12:22 AM

Gold fell on Friday on the back of a slump in oil prices, with strength in the dollar piling further pressure on the metal, ahead of a referendum on the management of Swiss bullion reserves this weekend.

Oil prices posted their sharpest losses since 2011 on Thursday after OPEC refrained from cutting its output, following a more than 30 percent plunge in prices since June. Oil steadied on Friday, but remained under pressure.

"Weakness in oil prices isn't good for gold, because inflation expectations are adjusted downwards," ABN Amro analyst Georgette Boele said.

"We've been looking at inflation expectations and oil prices and gold, and there has been a very strong relationship this year."

Gold doing 1183 & is down along with Crude Oil which is doing about 70/barrel. USD has shot up to RM3.388.

I wonder how low the gold can be .. I want to buy it when it hits all time low.

we cannot actually know how low can gold price go. only time would tell

Jim Rodgers claimed that it could go as low as 900 so lets see.

900 !! I want it lower !! Need to get gold coins.

Got my hands on a Canadian Maple a few weeks back and damn its gorgeous

I need to get a few gold coins .. Where do you get a maple coin ??

List of coin I wanted to get

- Kijang Emas coin
- Kelantan Gold coin
- Brunei Gold coin
- Maple Gold coin

Maybe some where in 1oz or 1/2 oz.

If i wish to open GIA in MBB, i have to open the account by counter or it can be done by online?

Counter.. they need to issue you Gold book and some document require.

After swiss referendum on gold, bet gold price will drop tomorrow.

Hi guys, what is the best way to buy gold?

either through CIMB click or Maybank2u

OR

How do you all buy gold coins?

I am interested to buy some.

An uncle of mine bought a tube of 10 coins and passed me one.

He bought it from APMEX.

What size you got? I bought the 1oz kijang gold coin and also loving it! Gold coins are gorgeous!

APMEX? Do you mean buy it online APMEX.com? Is it secure????

This post has been edited by hkboey: Dec 1 2014, 11:30 AM

R u sure? From Armstrong economics blog his reporting the swiss are in such bad financial shape right now since bowing down to eu and pegging their swiss franc to the euro...the value of theor currency have weakened and drag down....only by going back to gold backed standard can increase the confidence in swiss economy...

Swiss voted strongly against the referendum. Wonder will gold fall back to pre 2008 ? 900 ?

1oz. I wouldn't waste my time in opting for the smaller sized coins like the 1/10th or 1/20 as they are too small and the premium is pretty high to even break even unless if you're looking for it as a collection.

Uncles has been buying fro their site for sometime and he claims that its secure. He received a damaged coin once and they were willing to exchange it without much questions asked. The only cost that he had to bear was to ship his damaged coin to them.

This post has been edited by shankar_dass93: Dec 1 2014, 12:37 PM