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 Gold Investment Corner V8, All About Gold

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drfeelgood
post Jan 7 2015, 11:20 AM

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QUOTE(lisiang @ Jan 7 2015, 09:59 AM)
Is investing in Gold is a good choice? New to the working life and looking for alternative of income.
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A good choice is to diversify. So in any case, you have some sort of back up plan.
lisiang
post Jan 7 2015, 11:28 AM

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QUOTE(drfeelgood @ Jan 7 2015, 11:20 AM)
A good choice is to diversify. So in any case, you have some sort of back up plan.
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Just to diversify? Hmm. Means it's not really my thing until i have enough to diversify thou.
drfeelgood
post Jan 7 2015, 12:04 PM

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QUOTE(lisiang @ Jan 7 2015, 11:28 AM)
Just to diversify? Hmm. Means it's not really my thing until i have enough to diversify thou.
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Well if you dont have enough. Then you have to keep it cash.
nexona88
post Jan 7 2015, 09:55 PM

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Gold eased on Wednesday after a three-day winning streak as the dollar and equities strengthened, but prices held above $1,200 an ounce and near their highest in three weeks on worries about Greece's political situation.

Gold's near-term resistance for the closing price is expected at $1,220, while a close above that level would shift the focus to further gains, with a target of $1,250, technical analysts at ScotiaMocatta said.


cherroy
post Jan 7 2015, 09:58 PM

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QUOTE(lisiang @ Jan 7 2015, 09:59 AM)
Is investing in Gold is a good choice? New to the working life and looking for alternative of income.
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Gold cannot generate your passive income.
You can only gain when gold price rise and you sell off your gold.

It is not a place for looking for alternative income.
drfeelgood
post Jan 8 2015, 08:02 AM

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QUOTE(cherroy @ Jan 7 2015, 09:58 PM)
Gold cannot generate your passive income.
You can only gain when gold price rise and you sell off your gold.

It is not a place for looking for alternative income.
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That is what many people do not know. Gold can be a platform to generate alternative income. But since i cannot ask ppl to pm me.. if not i will be deemed soliciting...
cherroy
post Jan 8 2015, 08:40 AM

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QUOTE(drfeelgood @ Jan 8 2015, 08:02 AM)
That is what many people do not know. Gold can be a platform to generate alternative income. But since i cannot ask ppl to pm me.. if not i will be deemed soliciting...
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Basic fundamental of gold,
Gold doesn't carry interest or any yield, 1kg cannot become 1.1 kg even after 100 years, so it cannot generating profit/income without doing anything, so it cannot pay you any passive income.

Those "gold" investment method can generate passive income one, please leave it yourself, ty.
Public may be better off without knowing it... whistling.gif


wackyfinger
post Jan 8 2015, 05:03 PM

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guys.. this one consider gold investment or not.. my relative offer me with damn cheap price

user posted image

but too good to be true I gues sweat.gif
ronho
post Jan 8 2015, 06:39 PM

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get me 1 or 2 also bro.....smile.gif
drfeelgood
post Jan 8 2015, 10:22 PM

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QUOTE(cherroy @ Jan 8 2015, 08:40 AM)
Basic fundamental of gold,
Gold doesn't carry interest or any yield, 1kg cannot become 1.1 kg even after 100 years, so it cannot generating profit/income without doing anything, so it cannot pay you any passive income.

Those "gold" investment method can generate passive income one, please leave it yourself, ty.
Public may be better off without knowing it...  whistling.gif
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I never said the gold can grow like some miracle....
the value of the gold can grow following the market prices.
drfeelgood
post Jan 8 2015, 10:24 PM

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QUOTE(wackyfinger @ Jan 8 2015, 05:03 PM)
guys.. this one consider gold investment or not.. my relative offer me with damn cheap price

user posted image

but too good to be true I gues  sweat.gif
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I think bnm recently released a press statement that such "notes" are illegal as it is something like a counterfeit.
wackyfinger
post Jan 9 2015, 11:19 AM

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QUOTE(drfeelgood @ Jan 8 2015, 10:24 PM)
I think bnm recently released a press statement that such "notes" are illegal as it is something like a counterfeit.
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means that this is not true gold ? hmm.gif
ahwai
post Jan 9 2015, 11:57 AM

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A strategy note from UBS on the outlook for gold:

Sees gold in $1167 to $1239 trading range for the near-term
drfeelgood
post Jan 9 2015, 03:36 PM

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QUOTE(wackyfinger @ Jan 9 2015, 11:19 AM)
means that this is not true gold ?  hmm.gif
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Dunnow about the gold but it state that copying the note itself is an offence.
nexona88
post Jan 9 2015, 05:14 PM

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Poh Kong mulls selling gold for investment
http://www.thestar.com.my/Business/Busines...MENT/?style=biz
orangutan
post Jan 10 2015, 11:57 AM

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QUOTE(wackyfinger @ Jan 8 2015, 05:03 PM)
guys.. this one consider gold investment or not.. my relative offer me with damn cheap price

user posted image

but too good to be true I gues  sweat.gif
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Personally, I would not touch that unless I have lots of cash to burn.

Can provide more details about this. ie. Price? % of gold? etc.
orangutan
post Jan 10 2015, 12:00 PM

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QUOTE(wackyfinger @ Jan 9 2015, 11:19 AM)
means that this is not true gold ?  hmm.gif
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Only way is to test it by melting it unless there's a certificate from a trustable source.
infernoaswen
post Jan 10 2015, 03:33 PM

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QUOTE(wackyfinger @ Jan 8 2015, 05:03 PM)
guys.. this one consider gold investment or not.. my relative offer me with damn cheap price

user posted image

but too good to be true I gues  sweat.gif
*
I dont think so, there are people who collect notes from different country as collection. Perhaps it will fit nicely in that collection but if gold investment then I doubt it.
christina1
post Jan 11 2015, 12:53 PM

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Hi All,

Is the gold price coming down or going high due to current oil price coming down?
sms2u
post Jan 12 2015, 11:56 AM

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QUOTE(christina1 @ Jan 11 2015, 12:53 PM)
Hi All,

Is the gold price coming down or going high due to current  oil price coming down?
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The paper gold price is go up these few days.

Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
12-Jan-15 142.84 136.89
Last update : 12-Jan-15 at 08:45:36 AM

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