Yes, SLV. One SLV is approx 0.9 ounce silver.

after gold dipped to $4095/oz 24 hours ago, precious metals have gone higher.


Gold $4185/oz; RM568.4/g

Silver $52.10/oz; RM7.072/g

RM4.2235/$; DXY 98.91



the latest comments from the gurus:

gold target $4300 by dec, $5500 in 2026.

silver target $65 by dec, $90-100 in 2026.


enjoy!

This post has been edited by AVFAN: Oct 15 2025, 09:32 AM

i am getting

This few days, I’ve seen people posting about having over RM10k+, RM20k+ invested in their TNGO Emas account.

I’ll just stay quiet and watch it all unfold.

This post has been edited by killertcb007: Oct 15 2025, 02:46 PM

i believe mass retail is starting to FOMO.

for months, retail impact has been negligible.

the buying was all dominated by central banks and institutional funds.

some will now find gold too expensive, may buy silver buy alas... silver is now in shortage, hard to find.



GOLD touched $4200/oz, RM570/g... faster than expected.

a pullback can be expected again soon but it may be very shallow - catch this if u plan to buy (more)!


one thing - gold rising this fast may be saying something is about to pop soon... equities, credit, real estate loans, biz loans...?

This post has been edited by AVFAN: Oct 15 2025, 03:18 PM

At $570, for penangite wanting to sell, 5g gold btw Jewel Cafe Penang vs Razak Gold KL. Factoring Aeroline bus, etc + Grab + other misc considerstions loaded to chatgpt.

Selling to Jewel Cafe has $100 advantage.

Don't mind me, Unker shit posting to earn my next lowyat star.

"Silver is $12 Measured in 1980 Dollars, It Has So Far To Run It Is Insane" Mike Maloney
https://www.youtube.com/watch?v=rMKzIyA7e1s

summary:

.silver market n turmoil.
.london lbma silver lease rate is now 33%, i.e. u can short sell silver by borrowing real silver at 33% pa.
.china silver now traded at $59/oz. there is no hypothecated paper silver or gold trading in china - u must hold physical before u can trade.
.india physical silver - not a sliver available; new silver ETF shares suspended.
.lbma under short squeeze, some are flying silver bars to arbitrage current comex-lbma backwardation of >$1/oz.
.1980, the hunt brothers cornered the silver market but the rules were changed - no need to deliver physical, settle in cash, hunt bros got burned in the end.
. this is the rationale why it's better to buy/hold physical precious metals, not paper.

morale of the story - buy/hold physical is preferred.
silver has a lot more room to rise.
gold or silver in bullions, bars, coins - HOLD, HOLD, HOLD!
the best things come to those who wait.

Waited since 2002.

yeah, you are the veteran here, we know.

the time will come to sell and take big profit.

but i see that a long way off.

have to see how rate cuts, QE, trade wars, some new monetary order come into play.

until then, hold, no sell!

meanwhile, the accelerated pace of gold price rise also signals something is about to break... equities, bonds, credit markets...?

stay vigilant!

YEAH. The astronomical rise of gold in such a short space of time does not project anything good for this world of ours.
It is SCARY.

1. Mild anxiety
2. Moderate worry
3. Intense fear
4. Panic
5. Terror

If an Unker in East Malaysia who enjoyed successful career and exhibited high financial acumen is "scared" (falls between 3 & 4, in fact closer to 4)...then i think the real problem is national level Fxxxxd! I believe to be true.

I think it getting closer to seven stars.

This post has been edited by Unkerpanjang: Oct 16 2025, 07:03 AM

Actually i am scared for the world situation. That's why gold is behaving as such. In my 23 years in gold, i have never seen such behaviour.
The rate of the rise of the price is telling a story of severe disaster. Maybe in the markets and economies of countries.

Plan, Educate n Act to protect your loved ones. Which I know you have excelled here.

If you possess greater influence, extend to your community.

If bad things happen beyond our control.

Hakuna Matata!

if gold is considered mainly as a hedge against inflation, the recent rapid rise can only signal super/hyper inflation coming.

a look at the all commodities say almost all metals and minerals are rising in price.

the only notable exception is steel. add the low crude prices, it only means a slowing global economy with high inflation, i.e. stagflation.

gold price rise is also accelerated by unsettling trade wars, hot wars and numerous other armed conflicts ongoing or being concocted.

then there is the monstrous debt bubbles brewing in USA, Japan, France & UK.

if and when one of them burst, a chain reaction will set off global financial destruction bigger than in 2008 or covid.

sadly, the outcome may have already been determined.

You say it well, bro.

Don't wish to sound like a D*ck.....

Best time to get big discount on your dream house, car, book luxury vacation, aesthetic treatment....as long as you r prepped.

You think price of cars will collapse?

now should short us index?

I expect big discount, bro + company subsidized interest loan.

But, get your DPM, improve the roads there b4 getting your Lexus.

I already got my Toyota Prado for East Msia roads.
But i am thinking Lexus in Aus. Maybe park it in my daughter's apartment. She has 2 parking spaces.