Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Gold Investment Corner V8, All About Gold

views
     
Davidtcf
post Feb 24 2022, 04:46 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


will buy some SGOL etf tomorrow. Right now in the midst of transferring to IBKR.

Gold price keep shoot up coz of Fed increasing interest rates.. then now +war in Ukraine will shoot even higher!

This post has been edited by Davidtcf: Feb 24 2022, 05:14 PM
Davidtcf
post Feb 25 2022, 10:38 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Unkerpanjang @ Feb 25 2022, 07:55 AM)
I dont think gold price will go much higher. Russia sold off US Treasuries, bought Gold they amassed 2.3K tons, gravitated towards accepting crypto.

These are signs of Russia playing long game in preparation for war. Western world might shut SWIFT, Proof of Work coins n short gold prices.

If gold prices go way, way higher..Russia will benefit, the sanctions only painful to business n layman.

However, different dynamics with Oil.
*
just read this.. I think I read wrongly earlier from somewhere..

will need to consider my investments in gold. Interest rates will rise in coming mths/years:

https://www.investopedia.com/articles/inves...ect%20on%20gold.

Davidtcf
post Mar 7 2022, 11:50 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


now regret didn't buy some gold ETF that day. Price shoot up like mad. Thanks to uncle Putin.
Davidtcf
post Mar 7 2022, 07:20 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(sgh @ Mar 7 2022, 04:08 PM)
Can I know you all will be buying which Gold ETF? US exchanges listed gold ETF? For me I am buying from SGX SPDR Gold Shares (GSD)
*
So far I checked SGOL and GLD is good.
Both no dividends just growth so ok even if US domiciled ETF.
Got other ETFs like gold mining ETF etc also. Can check Reddit too to see what Americans are buying.
Davidtcf
post Mar 7 2022, 07:23 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Cubalagi @ Mar 7 2022, 04:01 PM)
Still can buy right?
*
Now also can.. the longer wait then the nearer it is to its peak.
Davidtcf
post Jul 7 2022, 10:33 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(yayai @ Jul 7 2022, 09:45 AM)
Price dropped, haven't seen that price for a while...
*
could be due to this news?
https://swarajyamag.com/infrastructure/ugan...rld-gold-market

Uganda found new pot of gold to be harvested.

Affect of this on Bitcoin:
https://cointelegraph.com/news/uganda-s-gol...mean-for-crypto

This post has been edited by Davidtcf: Jul 7 2022, 10:35 AM
Davidtcf
post Apr 5 2023, 10:39 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


crypto world upside down with many exchanges shut down or bank run.. so many rich ppl now run to gold.

only BTC still showing good signs of demand. That also hard to store it if exchanges keep tipu ppl. Need to use hardware token for safest storage.

This post has been edited by Davidtcf: Apr 5 2023, 10:39 AM
Davidtcf
post May 3 2023, 05:14 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


interested to buy some gold via bank.. read some comments here saying Maybank has a better spread.

checking the price on Maybank page, seems that Islamic Gold account is better? any sifus can advice?

https://www.maybank2u.com.my/maybank2u/mala...and_silver.page?

or should I just stick to Versa Gold? (has fees involved)

seems like got 0.5% fee on page 5 of the islamic account: https://www.maybank2u.com.my/iwov-resources.../miga-i_faq.pdf

This post has been edited by Davidtcf: May 3 2023, 05:20 PM
Davidtcf
post May 4 2023, 09:18 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Ancient-XinG- @ May 3 2023, 05:26 PM)
Can buy gold etf
*
Yea I have a few SGOL etf on IBKR. Thinking of getting some locally.

Seems like buying SGOL still most worth it.
Davidtcf
post Apr 29 2024, 10:09 AM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


anyone here buy SGOL etf on IBKR? I bought some previously, total profit 27% already. Regret didn't buy more haha.

 

Change to:
| Lo-Fi Version
0.0269sec    0.57    7 queries    GZIP Disabled
Time is now: 22nd December 2025 - 10:36 AM