Jim Rodgers claimed that it could go as low as 900 so lets see.

Got my hands on a Canadian Maple a few weeks back and damn its gorgeous

If i wish to open GIA in MBB, i have to open the account by counter or it can be done by online?

As USD is rising against almost all major currency....wouldn't other country that owes the US credit need to pay  higher amount due to the exchange? wont they eventually default on their debt(especially smaller countries) payment to the US? Higher USD currency seems like benefit US government but its actually a double edge sword... 

IPhone which is supposed to be the start of the smart phone revolution was first released on Jun 2007
http://en.wikipedia.org/wiki/History_of_the_iPhone

Of course there are other smart phones around but then let's accept it, they are not a threat to Nokia.

The thing is, even though the iphone was release during that time, it would still take I think around 1-2 years to take steam.
Nokia was selling cheap phones even before 2008- 2009. You can get a very cheap phone for aroud RM200 plus. Let's face it.  Even in 2008, iphone probably isn't even a threat to Nokia. Iphone was probably viewed as something that is cool at that time but then only geeks would buy it. Bought 1 phone with the simplest spec for 240 I think. And most people would still be buying Nokia rather then other china brands even if the other china brands are selling for say RM150 because of brand recognision.

Smart Phones did not cause Nokia phones to decrease in price because their price range is totally different. An iphone probably cost around RM2k plus. A ordinary but good Nokia phone cost around RM400-500 plus. So how can you even say that smart phone drove the price of Nokia down?

Companies espacially those that are of the size of Nokia do not sell phones at a loss. The reason why they lose out is because normal mobile phones are not popular. They could still generate a profit if they sell their phones at RM200 if say there is huge demand. The fact is that there is no more demand because people are now buying smart phones. Of course their operation is going to take a hit because of that. You still do not get it do you. It's not deflation that cause Nokia to go downhill, it's demand.

You are again twisting my words. I never said Nokia was always profitable. I said they could still make a profit selling a cheap phone. Obviously they took a hit because of the smart phone revolution. Everyone knows that. But to say that they will not generate a profit just because phones are getting cheaper is total nonsense. Besides, they could still sell higher spec phones at a higher price.

Now you call iphone the answer towards mother of deflation. Are you so desperate? The fact of the matter is, the cost of smart phones is decreasing. Even prior to XiaoMi, Samsung is able to sell a phone with better specs for around RM1200plus. Smart Phones are getting cheaper and cheaper. That is the trend if you take iphone out of the picture which most people pay a premium for not because it's the better phone but because of it's brand. The general trend for smart phone is that they are getting cheaper though. Just because of iphone, you generalize it to the entire smart phone industry. Of course common sense will tell you that if iphone can still remain hot selling at high price, there is very little incentive in the first place to lower the price. But then, if people do not buy iphone because of the brand, you can be pretty sure that the price of iphone will be coming down.

Your assumption here is that people just keep their wealth and do not spend it. The thing is that, people generally do not do that. When you are rich, you still buy things and continue to invest in things. Why can't a person be rich in a gold based currency system? If that person can invent something that everyone needs, people will still buy products from this person. Isn't that what free market is? Selling something that people need and profiting from this? You obviously know nothing about free market economics. If say I am able to come out with an idea and need funding, wouldn't someone who is rich put money into my idea? Why are you assuming that rich people will never spend what they have saved? But I really do not want to discuss this further because it seems your basic understanding of things is lacking.

The thing is, I can tell you are really desperate. So desperate that you are starting to make basic grammer mistakes. You are just trying to justify yourself using whatever means possible.

Actually i used a simple logic, and go for the lowest spread.
Since i am a newbie, and just want to put some money in gold in case Malaysia economy crash, i choose PAMP coz low spread.

I am not sure if the "gold investment account" is backed by physical gold, or just an imaginary thing following spot gold price.
But as long as spot gold maintain, i am okay.
I have no space to keep physical gold anyway.

Gold seems to be going up during Hongkong/china/malaysia trading hours.
I guess people rushing to buy due to currency problems.

What do you think about those pamp gold bars good or bad?

I agree with you also best get from bank. But as some have mention bank also ran out of physical stock also another problem is that I live in kuching and most bank don't sell physical gold here my best bet I guess is still pamp as it is recognized worldwide.

Funny thing a lot ppl never consider if our economy go south who u going to buy yr phiscal gold ??
How u bring a lot gold out of the country ??
How u protect yr gold ??

Ya most gold seller will say that to u.
Worst case scenario,  yr own gold will burden u down then help u .( u can try bring 0.5kg gold bar out of the country then u will know how Mich trouble u can get into XD )
Yr only life line would be connection that help u get out of this country.

All my gold bar are all pamp's except one kijang emas. Since most of my gold is pamp worst come to worst go to usa to pawn it sure fair deal over there not like here

Normal ppl like u buy gold in convention weight my previous boss made them specific for client need. Pls take note domestic flight the airport stuff don't check much stuff where international flight have much strict sop  to follow.
U can try bring gold bar to Philippine and see what happen. This will be the same situation when u try to get out of mal with yr gold + mal in riot condition.
For yr last comment I only can say don't put all yr egg in one basket.

u should try postage deal. To make it safer, ask to deliver to Pusat Poslaju Kuching for self collection.  Then u can collect from there. This method will ensure the parcel will always within custodian n supervision.

If u keep foreign cash in mal Acc when economy crush will u be able to access to those money ??
I use foreign account to keep local currency for this very reason.

Thanks for recommending kijang emas ive bought some already. But I don't really trusts maybank gold account as you can't redeem them in physical gold.last time can now cannot sounds very suspicious to me but I tested maybank kijang emas and they are indeed real 999 gold coins so I purchase a few