dunno want to cry or happy

happy see this rise but sad see fiat currency are down the drain

now the big question is how high can it go?

You only cry if you missed the boat.

haha... just buy not enough jer

still need fiat currency to pay other due

This post has been edited by Iceman74: Oct 8 2025, 11:33 AM

It's never enough.
For eg my gold miner has gone from 22 cents to 139 in a year.
Never enough of it!

Last few days rise really unexpected.

A bit regret never put more into gold. Suppose to be just inflationary hedge.

Now become my best performing portfolio.

precious metals have been the best performers in the last 12 months:

gold +54.32%
silver +59.03%
platinum +75.14%

current spike likely due to US gomen shutdown jitters + more & more people starting to buy them.
last few years, much of the gold buying has been by central banks.
lately, morgan stanley, ray dalio and others been singing "u need 15%, 20%, >10% gold in your portfolio".
the institutional funds went in a few months ago, likely now the masses are buying?

about inflation, we haven't seen the big effect yet due to low oil prices. 1974-2025, oil price rose 1% pa, from $40 to 62.
but this can change v quickly if war erupts in the middle east again as many are now expecting.
still EU is already suffering becos they reject russian energy, buy US oil/gas at 3x the price.
cheap russian energy infra has now all changed to supply only to east asia, central asia, south asia.

now we know why US doesn't want the war ends soon.
can milk those dumb EU countries that don't have jalan for cheap Russian oil plus can profit supplying military equipment's

Asian countries are also benefiting cheap oil if got jalan.
Russia Putin just continue doing it things since there is no incentive to end the war sooner on the table now.
Once awhile, US bring up being good guy image telling don't buy Russian oil to see got any sucker want to buy his expensive oil.

All countries are milking each other dry.. depending who dry first now.

Those earning from this know all this going to end sooner or later.
They also know the world especially US need to print $$$ to keep going
Inflation will hit hard, the next best thing is they are buying gold with profit generated to protect this inflation storm coming soon.

Hi everyone , quick question, does the capital appreciation from gold subject to personal income tax?

Hi Sifus,

Is it still early to buy gold now?

I see Ang Moh YouTube, say gold can go higher leh.

If 1 gram go to RM1500. Buy 60 gram now, can trade in for Vios.

This post has been edited by Unkerpanjang: Oct 8 2025, 02:06 PM

physical gold... should not be....

but if you suddenly walk in a gold smith/store and said you want to sell 80kg of gold.... maybe get classified by the goldsmith as trader or supplier? lol...

I think soon (dunno how soon, but soon enuf) , Mr Gold will have chance meeting with Issac Newton and learn about gravity's effect.

there is no open answer to it.

If for own personal and is side income profit, then is answer is "no"

If you are trader, a lot buying and selling to take your profit and is your main source of income, then the answer is "yes"

It applies to all, like Share market, or any capital appreciation.

Key word "don't stop working or doing biz as your main source of declare income"

This post has been edited by Iceman74: Oct 8 2025, 02:17 PM

about taxes in general...

e-gold, etf's, physical gold - all gains tax free.
but note some gold bars, coins have "workmanship" cost priced in the selling price.
hence the buy-sell spread 3%, 8%, 12%, depending on the product and where u buy from.

silver has tax. that's why the buy-sell spread can be 10%, 33%.

Yes, imported silver in Malaysia is taxed. Silver coins and rounds are subject to a total tax of 15.5% (10% Sales and Service Tax (SST) and 5% Import Duty), whereas gold and platinum bars are generally tax-free, but silver and platinum bars can be subject to SST and Import Duties. The specific tax depends on whether the silver is a coin, bar, or jewelry, with Investment Precious Metals (IPM) often being tax-free.

This post has been edited by AVFAN: Oct 8 2025, 02:18 PM

O my..... $4,040.70 high.

Thanks.
Where to sell the silver ? My goldsmith told me the silver rice bowl, chopstick, chinese yuan bao cant sell back to his supplier. No body buying back. LoL.

I tot share market is ald taxed when u make the trade? And whatever u make or loss is not subjected to tax anymore.

silverware, ornaments... no idea!

for coins and bars, all jewelry shops and bullion traders will take.

valuation may differ, will be valued according to the specific trader's rate on that day.

when u buy a silver coin or bar, keep the receipt or certificate.

coins don't come with cert but bars have a cert attached to it.

when u sell back to the seller, it'll be done according to what the current price is.

you can see from here:
https://www.silverbullion.com.my/Shop/Buy/Silver_Coins
https://www.silverbullion.com.my/Shop/Buy/S...rentBranch=MYKL

notice coins have a huge spread, not so good for investment. great as gifts, play-play & toss around.

10oz, 1kg, 100oz silver bars are best for investment. notice this seller has ZERO stock now?!

This post has been edited by AVFAN: Oct 8 2025, 05:13 PM

for SILVER stackers...




it's been a while. after 14 years, silver touched $48.93 this afternoon.

now at 48.89.

considering inflation, silver is dirt cheap as an industrial and monetary metal.

there are reasons for that but may be coming to an end.

will it break the 1980 record tonight?

Where else can get physical silver?

10 oz is the ideal size to go for.

can try the jewelry shops, they sometimes carry.

BUT... they prcie them very high.

e.g. bullion trader 10oz price now RM2227, those shops shud be selling about RM2600 - vv hard to buy...

Then its a no no, not going to pay the premium.

Yesterday I checked the Kelana shop website, all out of stock.