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 Gold Investment Corner V8, All About Gold

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Dd2318
post Feb 22 2020, 11:16 AM

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QUOTE(Unkerpanjang @ Feb 10 2020, 10:35 AM)
I'm not a gold trading expert nor TA person. Personally, I feel gold is a hedge against inflation. Just allocate 3-5%, accordingly once you have develop strong bedrock investments in kwsp, asnb, medical insurance, etc.

Once your passive income >100% salary, then change the allocation btw Stocks, Properties, Precious Metals, Art, Donations, etc.

Start with buying some physical gold, then paper gold n finally speculate with Goldetf, Vaneck, Sprott, Metalla ETFs. Just hold on to your Gold, don't sell,.... unless last resort.

Again just sharing, putting the money where my mouth is....my Y2020 vs Y2019 hobby collection. It was a choice btw Gold vs a GLC300.....all these from passive income/dividends.

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Wow Sifu, you gold bug? Where to buy gold statue? Is it for real or just plated?
Thank you. Got interested in this forum as gold new high. I see HNWI uncle also here.
Dd2318
post Mar 1 2020, 11:35 AM

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QUOTE(Unkerpanjang @ Feb 28 2020, 08:13 PM)
Cannot watch gold price hourly/daily... U go crazy.
It's just a hedge against inflation.
If no spare cash, don't trade... Lose money on the spread.
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Interesting times for our Country....

Another 21 hours to go, if RM n KLSE limit down, or not.

Gold will preserve your purchasing power. What are you waiting for? No harm to go buy some now!
Dd2318
post Mar 2 2020, 09:19 PM

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QUOTE(OnePiece999 @ Mar 2 2020, 08:03 PM)
Stop the gold shills, I can’t collect peacefully like this...
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Don't hesitate... Its going up daily, now $1600.
Bought a 7g gold coin over weekend.
I wud buy more if I got more spare cash.

Dd2318
post Mar 14 2020, 07:46 PM

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QUOTE(smokymcpot @ Mar 14 2020, 07:22 PM)
Wow, RM 237 is quite expensive ya especially if it is 0% CC charges.
Can buy using this company as so far they are my regular bullion dealer. WAY cheaper prices than your retail shops and they are a Singaporean company which has a very long track record.

https://www.silverbullion.com.my/Product/De...eraeus_Bar_100g
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Can buy in Sgp, got tax?

This post has been edited by Dd2318: Mar 14 2020, 07:54 PM
Dd2318
post Mar 24 2020, 08:24 PM

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QUOTE(WhitE LighteR @ Mar 24 2020, 08:16 PM)
spot gold is still at 1,594.67
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I new to this thread... Why people keep say sport gold or spot gold?

Why want to buy spot gold? Isn't buy real gold better? I takut asnb lose money, then I see this gold community.

My fren say buy precious metal... But I think gold shud be better than precious metal.

Thank you.
Dd2318
post Mar 24 2020, 10:12 PM

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QUOTE(icemanfx @ Mar 24 2020, 09:47 PM)
Handling and storage of physical gold is expensive, doesn't generate income to bank and fraud is rampant.
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Bro must be high net worth.... 2 kg pcs already $440k.
How difficult can storage n handling be?
I can afford a few rings lah. I dunno.
Dd2318
post Mar 25 2020, 08:10 AM

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QUOTE(Dd2318 @ Mar 24 2020, 10:12 PM)
Bro must be high net worth.... 2 kg pcs already $440k.
How difficult can storage n handling  be?
I can afford a few rings lah. I dunno.
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Dd2318
post Apr 3 2020, 06:14 AM

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QUOTE(honsiong @ Apr 3 2020, 12:20 AM)
- Buy from local banks.
- Buy SPDR GLD ETF listed on NYSE, SGX etc.

HelloGold is papergold but uses physical gold they hold themselves, but that one will pass the huge physical bar premium onto customers.
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The counterparty risk for GLD is HSBC...
This bank is in risk category n might require bailout (already stopped paying out dividends to preserve cash).
So tread cautiously.
Dd2318
post May 8 2020, 01:57 PM

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Just being kaipoh sharing.....

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Top photo from gold Smith shop... Bottom photo from Silver Bullion website. But dunno what benefit...

This post has been edited by Dd2318: May 8 2020, 01:58 PM
Dd2318
post May 8 2020, 07:09 PM

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I think, think, I dun trust the Peter Schiff, Jim Rickards, Mike Maloney, Rick Rule and all the gold bugs... They also own gold company.

They keep saying fiat currency no good, become worthless... Yet they set up company to accept fiat currency n sell physical gold.

These angmoh really clever....why they keep all their fiat currency? I no understand. I decided to keep Rmb n Sgd.
Dd2318
post May 10 2020, 12:09 PM

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QUOTE(smokymcpot @ May 9 2020, 11:35 PM)
Hi bro, mind sharing the website for the top picture? The price looks quite competitive
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Sure, I was as surprised.. It was Saturday quote from Poh Kong @ Queensbay Mall Penang.

I started tracking after reading some penang senior Sifu posts. I never buy but thick face just ask the sales girl send me via WhatsApp.

I further checked, generally MY prices better than SGP Gold Silver, Bullion Star and even Silver Bullion. I was using conversion of SGD = 3.05 MYR.
Dd2318
post May 10 2020, 12:34 PM

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QUOTE(Dd2318 @ May 8 2020, 07:09 PM)
I think, think, I dun trust the Peter Schiff, Jim Rickards, Mike Maloney, Rick Rule and all the gold bugs... They also own gold company.

They keep saying fiat currency no good, become worthless... Yet they set up company to accept fiat currency n sell physical  gold.

These angmoh really clever....why they keep all their fiat currency? I no understand. I decided to keep Rmb n Sgd.
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Tq-just asking any Penang Island forumers in this gold thread?
Where your source of gold shop n gold trader.
Kamsiah.

This post has been edited by Dd2318: May 10 2020, 12:52 PM
Dd2318
post May 10 2020, 04:07 PM

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QUOTE(abcn1n @ May 10 2020, 03:44 PM)
Huh? Are you saying Poh Kong's malaysia price better than silver bullion. If so, that's really interesting
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Bro, I dunno if Std pricing across MY states/shops.
But this Penang sales girl, orange hair n Korean contact lens.
KL Silver Bullion cheaper than Sgp Silver Bullion.
Problem is KL Silver Bullion most items out of stock.

This post has been edited by Dd2318: May 10 2020, 04:17 PM
Dd2318
post May 13 2020, 04:56 AM

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QUOTE(abcn1n @ May 13 2020, 12:47 AM)
Thanks for info. So strange that only silver coins are taxed but not the rest
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Dunno if it helps, Baba... Personally, a good read.
Google article below.

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Dd2318
post May 13 2020, 05:55 AM

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QUOTE(rubrubrub @ May 13 2020, 05:08 AM)
where do u guys keep your bullions and coins? im thinking to buy a safe but it costs 3k including installation. that will take a dip into my gold margin
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Definitely not telling you where I hid my gold!!!

Haha, just joking. A few good videos in YouTube.

If gold, quite easily, my friend had 2 x 1kg pamp bar spray painted black n left them on top of his TV consul. Nobody even bothered to look.

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Dd2318
post May 13 2020, 05:57 AM

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This post has been edited by Dd2318: May 13 2020, 06:46 AM
Dd2318
post May 14 2020, 10:01 AM

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For the conspiracy theorists....

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Dd2318
post May 14 2020, 04:12 PM

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Dd2318
post May 15 2020, 12:33 PM

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QUOTE(mr_tuzki @ May 14 2020, 10:56 PM)
I'm sure the massive weight gives it away once picked up (unless it's lead / some other heavy metal which is unlikely)
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Along that point, I keep wondering what's the weight diff btw 1kg of gold vs vibranium vs adamantium? The latter 2 are also precious metal....Next gen military industrial use.

Unfortunately, unlikely to compare with 1kg of green kryptonite as all of it likely purchased by Bruce Wayne or Lex Luthor.

Happy Friday, all. Keep safe n regularly wipe down your gold with soap n water... Don't want them to incubate c-19 virus.
Dd2318
post May 15 2020, 08:11 PM

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QUOTE(el_buho @ May 15 2020, 02:55 PM)
Am curious here, anyone here bought any kijang emas coins? Any comments or experiences to share?
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I noticed 1 pcs at Silver Bullion MY, but no more liao....

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This post has been edited by Dd2318: May 15 2020, 08:12 PM

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