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 Gold Investment Corner V8, All About Gold

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basSist
post Oct 5 2014, 08:57 PM

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pls stay below 1200, it is best to have 1000usd. then only masuk stock tongue.gif
basSist
post Oct 5 2014, 09:35 PM

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QUOTE(shankar_dass93 @ Oct 4 2014, 11:06 AM)
So theres a possibility for it to touch the 800 to 900 mark by the end of the year ?
*
nothing is impossible. biggrin.gif
basSist
post Nov 2 2014, 10:38 PM

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QUOTE(fnm83 @ Nov 2 2014, 08:34 PM)
Lets buy some gold tomorrow. Time to stack up more.
*
not yet bro, target price around should be around 900-1000 biggrin.gif
basSist
post Nov 8 2014, 11:25 AM

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"The future for gold depends not upon wild stories that always claim only gold will survive. Sorry – that part is not true. The future of gold depends upon one thing – the Sovereign Debt Crisis. That is all about time. We laid out the new role for gold going forward in that special report. There is no reason to change that outlook." - Martin Armstrong

http://armstrongeconomics.com/2014/11/07/g...ing-from-grace/

This post has been edited by basSist: Nov 8 2014, 11:28 AM
basSist
post Mar 2 2015, 01:21 AM

Don't look at my stars
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QUOTE(shiki_arc @ Mar 2 2015, 12:18 AM)
Hello guys, I'm quite interested to invest some money in gold. Not too much since i'm not yet working. So I would like to ask, with a capital of probably around Rm1k, is it advisable for me to invest in gold? Or just head elsewhere? I'm putting about RM9k in FD and thought about putting at least some in another type of investment just to see how it goes.

And judging from the latest post, the gold price is currently in the lows. So would it be advisable to buy now or wait for a further dip?

Lastly, where would you guys advice me to start investing gold, Maybank or CiMB? I already have a CiMB account but just looking for other alternatives.  Thanks a lot for your time smile.gif
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Gold is still in downtrend mode. Wait for the US FED rate hike then maybe can buy cheaper gold.

for FD, maybe maximum 3-6months. Cash is king now, wait for the pullback/correction/cash to enter the market. bu when? this one gotta study study yourself smile.gif

apart from FD, if you want more flexible term FD-like, you can deposit into money market fund which has 0% service charge and the interest is calculated daily unlike FD in the term that you sign for.
basSist
post Mar 3 2015, 12:57 AM

Don't look at my stars
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QUOTE(Life_House @ Mar 2 2015, 03:06 AM)
hi, mind to share more about "money market fund" ?
which banks offer this type of fund ?

how about the management fees / other misc fees behind ?

thx.
*
i myself depositing into public mutual's cash deposit fund (a money market fund)
0% service charge, 0 management fees. 0 misc fee.

QUOTE(shiki_arc @ Mar 2 2015, 07:18 AM)
Thanks a lot! Money market fund, is it similar to forex? Will look it up later on, having classes whole day.  biggrin.gif
*
money market fund is not forex. you can try to google it.

most of the fund house provide MM fund.

 

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