First rate cut hasn't even happened yet. Maybe time to buy more!


Last Wednesday, the sticky consumer inflation data pushed markets to reduce their expectations on the magnitude and timing of the Fed's interest rate cuts. The majority of analysts adjusted their forecasts for the initial rate cut, moving it from June to September, and revised their outlook for the year to anticipate two reductions instead of three. Meanwhile, the ECB held interest rates at a record high but signaled it could start cutting as early as June.

Personally I would wait little longer...

If you look at the trend...

Every week break new records....

If can wait. Then do that...

Very desperate for $$$.... Then can cash out now.... Price is good compared last few years....

Kijangs buy price Rm11,533 per oz today.
Wow...I lived to see this day. Hahaha

$2,395 now. Will we see $2,400 in ASIA? 😆

cannot 100%
needed to diversify the assets class
that why Gold one of it

$2400/oz, RM368/g reached at 3.58pm.


RM... from talk of recovery to 4.30, 4.50... now, it's back to talk of 4.80 n beyond...
https://www.nst.com.my/business/economy/202...dollar-if-china

This post has been edited by AVFAN: Apr 12 2024, 04:04 PM

RM is a dead currency.

how much your entry cost / price?
kept how many year?

Rm1050 per oz since 2002

Very fat profit you gotten 💰🤑🔥

Later if price keep going up up..

Per Oz could hit 12k MYR 🎉

are u young enough to live another 20 years?

if yes, it should be rm100,000 per oz in 2044.

if u have 50 oz, that wud hv cost u rm50k in 2002, now worth rm500k, will be worth rm5mil in 2044.

more or less.

really, keeping gold does not make u rich but preserves yr wealth v well.

whether chicken rice, car or house, the price is almost the same in mg, g or kg of gold over long periods of time like 20, 40 yrs.

i m sure u agree.

This post has been edited by AVFAN: Apr 12 2024, 06:07 PM

In 2002, after studying gold since 1999, I moved all my FD to gold.
I told my friends that gold should beat FD.
Put your long term.unneeded money in gold.
Well, it worked.
My CAGR over the last 21+ years should be around 11+% today in RM terms.

u had the patience, not many do.

i cashed out too early in round one.

will not make the same mistake twice.

Iran attacking Israel directly 😲

Gold to the moon.

More war in the world

Higher the gold price would spike...

Otw to $3000 🔥🤑💰

Well, I do hope that everyone here is not hoping for war just to see the gold price rise.

Wow better than those mutual funds.

Well...

War conflicts is related with gold....

Ever since the conflict in middle east started... Gold keep breaking new record....

US policy also didn't help... So more push towards gold....

Anyway... Some nutcase don't understand the links between gold & war conflicts related directly went to report my post...

Seriously? They thought the discussion went to war?

must be your haters