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 Gold Investment Corner V8, All About Gold

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Unkerpanjang
post Sep 16 2025, 05:53 PM

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QUOTE(Unkerpanjang @ Sep 16 2025, 12:53 PM)
Once there was a man, in love with 4 metals.
Platinum, sparkling bright adorned with jewels. The trophy wife.
Silver, bright and shiny. The perfect wife for business meals.
Paladium, strong and practical. The power wife seated in elegant European autos.
Gold, quiet and steadfast. The quiet wife whos always at home.

One day, the man got sick and couldnt leave home. To cut thecstory short, it was Gold who took care of the man, unwavering devotion, nursed and fed him while the rest of wives continued with their own path. Gold, is the wife delivering +20% annual appreciation against MYR.

The man finally realized Gold's devotion, "Gold, you are me one and only treasure".

The End.
*
Alamak! Another new-new low today.
AVFAN
post Sep 16 2025, 07:36 PM

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all smiles - GOLD hovering around RM500/g! rclxms.gif

SILVER - approaching $43/oz - this one will get to $50 soon enough. rclxm9.gif
prophetjul
post Sep 16 2025, 10:35 PM

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She broke $3,700
Unkerpanjang
post Sep 17 2025, 01:25 PM

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Life's funny - people take things for granted, like back then buying gold at myr4xx/gram, now myr$5xx/gram.

Blink!, Blink!, soon the norm will be myr$6xx/gram.

How low can you go...oh myr. Don't wait!
paogeh
post Sep 17 2025, 01:50 PM

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Update

back 2--3 months ago komplain UOB can only sell gold coin back at KL

now , UOB update the web .
can buy/sell back in Penang .

https://www.uob.com.my/business/invest/gold...rce=chatgpt.com


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prophetjul
post Sep 17 2025, 03:07 PM

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QUOTE(paogeh @ Sep 17 2025, 01:50 PM)
Update

back 2--3 months ago komplain UOB can only sell gold coin back at KL

now , UOB update the web .
can buy/sell back in Penang .

https://www.uob.com.my/business/invest/gold...rce=chatgpt.com
user posted image
*
Good job! Unfortunately there's no Kota Kinabalu branch listed! ranting.gif

And

QUOTE
Do I need to have UOB account to buy or sell Gold Bullion Coin or Wafer?
chevron
Yes, customer is required to maintain a current or savings account to purchase or sell Gold Bullion Coin or Wafer.


This post has been edited by prophetjul: Sep 17 2025, 03:10 PM
AVFAN
post Sep 18 2025, 10:16 AM

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fed rate cut 25bps.

markets not thrilled, DXY stays around 97.0

gold hovering around $3660/oz, RM494/g; silver $41.70/oz.

may need to see next cut(s) for more dramatic moves.

take your profit, go for a holiday if u wish! tongue.gif

This post has been edited by AVFAN: Sep 18 2025, 10:17 AM
Unkerpanjang
post Sep 20 2025, 08:21 AM

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QUOTE(Unkerpanjang @ Sep 17 2025, 01:25 PM)
Life's funny - people take things for granted, like back then buying gold at myr4xx/gram, now myr$5xx/gram.

Blink!, Blink!, soon the norm will be myr$6xx/gram.

How low can you go...oh myr. Don't wait!
*
Fire, Fire strings bright
In the quiet of the night
Gold, a shimmering sight
Buy, secure your FI/RE flight
killertcb007
post Sep 20 2025, 12:56 PM

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The price of 1 kilo of gold in Malaysian Ringgit (RM) has been on a remarkable run over the past five years, consistently breaking all-time high records.


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prophetjul
post Sep 20 2025, 01:10 PM

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QUOTE(killertcb007 @ Sep 20 2025, 12:56 PM)
The price of 1 kilo of gold in Malaysian Ringgit (RM) has been on a remarkable run over the past five years, consistently breaking all-time high records.
user posted image
*
Of course. The Runggit is a badly deprecating currency.
AVFAN
post Sep 20 2025, 05:26 PM

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24 hours after fed rate cut and gold/silver dipping, the metals are on the rise again.

monday, gold will likely get to new high >$3700/oz and silver >$43/oz.

some interesting stuff i just came across:

$10K Gold Revaluation = Massive Inflation | Matthew Piepenburg
https://www.youtube.com/watch?v=by5ffFDaunQ

Silver Short Squeeze! Bullion Banks Don't Want You to Hear This Message - Andy Schectman
https://www.youtube.com/watch?v=jn9SEw6R8Mw&t=24s

Morgan Stanley CIO favors 60/20/20 portfolio strategy with gold as inflation hedge
https://www.reuters.com/markets/wealth/morg...dge-2025-09-16/

DoubleLine’s Jeffrey Gundlach believes holding a 25% gold position isn’t excessive
https://www.cnbc.com/2025/09/17/doublelines...-excessive.html
boyboycute
post Sep 20 2025, 06:10 PM

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QUOTE(prophetjul @ Sep 20 2025, 01:10 PM)
Of course. The Runggit is a badly deprecating currency.
*
SGD too
killertcb007
post Sep 21 2025, 12:47 AM

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2001 ($255/oz) → 2011 ($1,900/oz):
Gold surged +645% in that cycle.

2016 ($1,050/oz) → 2025 ($3,700/oz):
So far, gold has risen +252%.

The first cycle (+645%) was much stronger than the current one (+252%).

If today’s cycle eventually matches the +645% rise.

gold could reach around $7,800/oz in the years ahead.(+645% measured from the 2016 low)

gold could reach around $4,400/oz in the years ahead.(+322% measured from the 2016 low) half of first cycle

Is it wise to assume that a +252% gain is already the top, just like in 2008 when many believed the bull run was over — yet gold went on to surge much higher afterwards?
Unkerpanjang
post Sep 21 2025, 08:20 AM

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Gold and XRP on the rise, they stay.
Not going to flop, both rise all the way.
Future looks bright, their gains still in play.
prophetjul
post Sep 21 2025, 08:21 AM

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QUOTE(killertcb007 @ Sep 21 2025, 12:47 AM)
2001 ($255/oz) → 2011 ($1,900/oz):
Gold surged +645% in that cycle.

2016 ($1,050/oz) → 2025 ($3,700/oz):
So far, gold has risen +252%.

The first cycle (+645%) was much stronger than the current one (+252%).

If today’s cycle eventually matches the +645% rise.

gold could reach around $7,800/oz in the years ahead.(+645% measured from the 2016 low)

gold could reach around $4,400/oz in the years ahead.(+322% measured from the 2016 low) half of first cycle

Is it wise to assume that a +252% gain is already the top, just like in 2008 when many believed the bull run was over — yet gold went on to surge much higher afterwards?
*
Good point here.
I was there from 2002 and seen these cycles.
When gold retreated to $680 in 2009, i bought my 2nd batch after the 1st in 2002. This was because i had a sudden hoard of cash selling my HSBC shares in 2009.
And we saw, gold went from 680 to max out at $1900.
In those days, US debt was only around less than $1 trillion. Today, it is $27 trillion. biggrin.gif And it was essentially a US problem of sub prime.
Plus those days, central banks were not buying any gold at any substantial significance. Especially CHina. China has just started to build up their gold reserves.
Plus we are having numerous regional wars going on presently.
And of course, world economics uncertainty through tariffs.

So what? i would not short gold at this stage. biggrin.gif
AVFAN
post Sep 21 2025, 09:11 AM

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QUOTE(killertcb007 @ Sep 21 2025, 12:47 AM)
Is it wise to assume that a +252% gain is already the top, just like in 2008 when many believed the bull run was over — yet gold went on to surge much higher afterwards?
*
QUOTE(prophetjul @ Sep 21 2025, 08:21 AM)
In those days, US debt was only around less than $1 trillion. Today, it is $27 trillion.  biggrin.gif 
It's $37 trillion and growing!

this gold rally isn't a normal one, has more & bigger variables at play than even previous rallies.

we're already seeing de$, geopolitical realignment, capital allocation shifts, fiat currencies debasement.

next, we might see re-monetization of gold, global monetary reset.

the rally can go on for a few more years. $5,000 is likely, even $10,000 is possible.

the good news (or bad for some) is mainstream media isn't talking much about it - u still can accumulate more!

SILVER is a much thinner market than gold but has more industrial use, expected to be even more explosive than gold in the coming months & years.

This post has been edited by AVFAN: Sep 21 2025, 09:17 AM
Unkerpanjang
post Sep 21 2025, 12:53 PM

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Gold climbs high, the naysayers frown

Cheerleaders shout, their pen shakes the town

Stackers nod ',aye', with a knowing grin

Publics just lost, don't know where to begin

Just buy XRP, digital gold with the best spin
Unkerpanjang
post Sep 22 2025, 01:19 PM

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QUOTE(Unkerpanjang @ Sep 21 2025, 12:53 PM)
Gold climbs high, the naysayers frown

Cheerleaders shout, their pen shakes the town

Stackers nod ',aye', with a knowing grin

Publics just lost, don't know where to begin

Just buy XRP, digital gold with the best spin
*
Gold at > RM$500/gram, I hear Elsa is belting "Let it go, Let it go".

Is she implying let the price soar or sell?
Wedchar2912
post Sep 22 2025, 01:37 PM

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QUOTE(Unkerpanjang @ Sep 22 2025, 01:19 PM)
Gold at > RM$500/gram, I hear Elsa is belting "Let it go, Let it go".

Is she implying let the price soar or sell?
*
wow... yay... didn't realize it breached rm 500/gram already...

can consider take some profit on my small for fun e-gold in TNG. drool.gif
prophetjul
post Sep 23 2025, 07:42 AM

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While you were sleeping,

Gold wnet up to another ATH of $3,747 rclxm9.gif rclxm9.gif rclxm9.gif

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