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 Gold Investment Corner V8, All About Gold

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prophetjul
post Feb 24 2025, 07:57 AM

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QUOTE(AVFAN @ Feb 23 2025, 07:19 PM)
new insights... biggrin.gif

https://www.youtube.com/watch?v=lRP0ahI19Ps

.. "trump/musk fort knox audit by May 2025..."
.. "compliance with basel 3 as tier one asset 1 July 2025..."
.. "non physical trades... need to do full buyback at market price..."
.. "potential revaluation... $3500, 4000, 5000...10,000biggrin.gif

any expert, kindly comment!
*
prophetjul
post Mar 14 2025, 06:00 AM

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$2,989.60 HIGH

This post has been edited by prophetjul: Mar 14 2025, 06:01 AM
prophetjul
post Mar 19 2025, 07:44 PM

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user posted image
prophetjul
post Mar 27 2025, 06:53 PM

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QUOTE(AVFAN @ Mar 27 2025, 06:29 PM)
Are u watching? biggrin.gif

gold spiked to $3052/oz and still rising. RM435/g.

last record high was $3057.

silver also hitting $34 again.

what happened today?
*
Trump's tariffs extending to auto. LOL

https://www.google.com/amp/s/www.fxstreet.c...rs-202503270517

This post has been edited by prophetjul: Mar 27 2025, 06:54 PM
prophetjul
post Mar 31 2025, 10:25 AM

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$3,103.80 HIGH
prophetjul
post Apr 1 2025, 09:38 AM

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QUOTE(Unkerpanjang @ Apr 1 2025, 09:34 AM)
Auntie favors $140k wearable gold instead of pamp swiss.

Admittedly, one of the pieces was an elegantly custom crafted  180gm x $500/gm chain.

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WOW! Bro!
Bought a 90k gold chain? thumbup.gif
prophetjul
post Apr 2 2025, 09:35 AM

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$3,132 HIGH
prophetjul
post Apr 3 2025, 05:46 AM

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$3,159 HIGH
prophetjul
post Apr 3 2025, 05:46 AM

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QUOTE(boyboycute @ Apr 2 2025, 11:33 PM)
Unker heard that some are even paying RM 500 / g

Looks like many retailers are going to get trap at high gold prices.

Kesian...

Unker dare not say too much...sudah kena banned a few times...

Sometimes,good intention , give warning also kena banned

Unker gave many warnings in USD/MYR and SGD/MYR forum....kena banned

Many are still licking their wounds converting to SGD and USD at high prices

Unker used to hand draw all the technical charts....Unker know when things are expensive
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When was you last here? 2009?
prophetjul
post Apr 3 2025, 08:10 AM

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$3,169.60 HIGH
prophetjul
post Apr 3 2025, 04:27 PM

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QUOTE(Unkerpanjang @ Apr 3 2025, 02:02 PM)
Only applicable to Malaysian citizens earning ringgit.

One chart is usd/gold vs myr/gold. Holding gold is a marathon, not a sprint. If anyone disagrees with the annual returns, just blame Elon's Grok.

user posted image
user posted image
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How about 2025-2002 = 23 years? tongue.gif
That's me.
Rm1100 to RM14,400 1300% rclxm9.gif
Almost 12% CAGR rclxm9.gif rclxm9.gif rclxm9.gif
prophetjul
post Apr 3 2025, 04:41 PM

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QUOTE(Unkerpanjang @ Apr 3 2025, 04:40 PM)
Aiyoh! Bro is undisputed champion when it comes to gold investment. Syabas!
*
OLDEST goldbug here. sweat.gif
prophetjul
post Apr 3 2025, 09:34 PM

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QUOTE(boyboycute @ Apr 3 2025, 09:08 PM)
Oh ok... about losing one's shirt...the thing about retailers is they usually buy at the peak, and using the money they will need for something else. You can see it during COVID when EPF allowed withdrawal, some took it out to buy gold.

Gold prices can be very volatile and 40-50% drop from current high prices is very normal. The spread in buying gold in Malaysia isn't very good and retailers ended up losing their shirts in one of the most rational investment in 2025.
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That's BULL.
Show me where gold dropped 40-50% in the last 20 years.
Those who bought during Covid are laughing to the bank! laugh.gif
prophetjul
post Apr 3 2025, 11:02 PM

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QUOTE(boyboycute @ Apr 3 2025, 09:56 PM)
There were many period which gold dropped 40-50% over the years. Unker doesn't need to use chatgpt for that
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Show us or you are just BS.
prophetjul
post Apr 4 2025, 06:03 AM

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QUOTE(Unkerpanjang @ Apr 3 2025, 11:08 PM)
Bro...already verified...kopitiam level.

The only gold with such % fluctuation = digital gold = Bitcoin.
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thumbup.gif

The worse that i have seen in the last 23 years was $900 become $680 and $1,900 become $1,100.
That was painful. BUT a norm? laugh.gif
prophetjul
post Apr 4 2025, 10:38 AM

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QUOTE(AVFAN @ Apr 4 2025, 10:17 AM)
go up 18%, diam diam.
go down 1.5%, cry cry? laugh.gif
no cepat kaya, be patient... 3 years, 10 years, 23 years! thumbsup.gif

the losses in equities n crypto were much much worse yesterday.
*
icon_rolleyes.gif
prophetjul
post Apr 7 2025, 06:12 PM

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QUOTE(Zhik @ Apr 7 2025, 02:01 PM)
It is tanking. For sure it take some time to go back.
Hopefully it is btm now.
I wonder who is selling gold at the moment.
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Tanking? Hardly. ATH 3,168 t0 3,000 is hardly tanking. Wait till you experience a Fib 62% retracement! laugh.gif
prophetjul
post Apr 8 2025, 11:49 AM

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QUOTE(Unkerpanjang @ Apr 8 2025, 11:25 AM)
Typically, those who don’t invest in gold on a forum tend to be the most vocal. It’s funny how the ones dismissing it often have the loudest opinions, while the quiet ones are usually the ones stacking their portfolios (past 23 years DCA still proven to be most effective strategy!)

Noise doesn’t equal knowledge—just look at the trend. As the saying goes in investing, "The trend is your friend".

The skeptics shout, the buyers sit back and watch the gold market do its thing.
*
thumbup.gif
i was negatively vocal about Genneva gold. tongue.gif
prophetjul
post Apr 8 2025, 01:24 PM

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QUOTE(Iceman74 @ Apr 8 2025, 01:14 PM)
lol.... key word... don't let them know in the first place when you buying and only give out good news to wife only.
sell at good price also not good news for them. Even if after few months, price rise above our selling price, they also nag punya  laugh.gif
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My wife did not nag me when I sold all our HSBC shares at the top in 2007, as I recall 8 sterling pounds(dropped down to 3), and plunk everything into gold at Rm2,300 per oz. The rest is history. laugh.gif
prophetjul
post Apr 8 2025, 02:01 PM

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QUOTE(Iceman74 @ Apr 8 2025, 01:57 PM)
u sell at the highest price mah, then tell her...
If it continues to rise, example to 10 or above or the gold u brought then later drop below RM2k and HSBC maintain the price  laugh.gif
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I sold HSBC for a reason. SUB PRIME IN LALAland. laugh.gif
AND I bought gold since 2002 for good reasons too. rclxm9.gif

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