QUOTE(kEITh_22b @ Oct 31 2015, 02:55 AM)
I'm not sure about this (not sure if FxPro is so strong enough to manipulate the market like you're implying, or will they do such a thing)...
Not sure about you guys in here, but for me personally, a slight increase/decrease does make a difference to my decision (to buy or to sell);
For example, if the USD rise to 4.45 MYR once again, or if gold rise to 1180 per-ounce once again, or if our MYR get weaker...; until the price of gold hit MYR53xx per ounce once again (which already did a few times very recently), then I can decide to go sell my gold already (because I brought some when it was around MYR4000+ per ounce last time)
It really makes a difference because just a day before (for example), 1 ounce rose to MYR53xx, but look at it right now; where 1 ounce = MYR51xx
Now I'm really not sure whether gold is set to continue falling, or will it rise back again to 117x - 118x level (would be nice for it to touch 119x - 1200 level)
Looking at the historical trend of gold really freaks me out (what if; gold
will continue to slide to <1000 - 900 - 800 level as the experts are predicting...);
Paper gold can fall even below that bro so saving in physical is the key. Unless you are into trading, gold is for saving and hedge, not investment.
QUOTE(call me random @ Oct 31 2015, 08:02 PM)
+1
i personally dun track it every day also.
but i do check on commodities wrap up on papers fr the expert reviews la..
i believe thats what stock traders call as fundamental analysis?
in fact, even the DCA method also not really as useful..
well.. that largely because as we speak, i see it as a saving instead of investment or at most, hedge against currency depreciation or even in good economy situation, just against the inflation.
unlike stocks,i dont get dividend pay outs also if gold is doing well n appreciate

Second your reason for buying gold as I'd mentioned above. I have been buying physical gold and silver since 2010 and never regret.