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 Gold Investment Corner V8, All About Gold

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silent_killer
post Dec 25 2014, 03:02 AM

Getting Started
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Junior Member
123 posts

Joined: Jul 2008
QUOTE(Life_House @ Dec 24 2014, 10:51 AM)
would u give examples of how difficult to sell of physical gold  .vs.  paper gold(from bank)  ?
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buy gold from poh kong (they say follow market price)
Process;
go poh kong buy gold (RM150)
Price increase to RM200
go back poh kong with physical gold sell to them at RM200
but there is transaction cost(can't remember what they call it)
so actually profit only RM 30 or RM 40 only

buy gold from maybank
Process:
go online click buy
but because the spread is so freakin high even when the price appreciate 10USD u can't sell, u will only be making few ringgit

my strategy
trade gold in spot market & buy to wear

 

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