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 Gold Investment Corner V8, All About Gold

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tropik
post Nov 25 2024, 10:47 PM

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QUOTE(pepsi89 @ Nov 25 2024, 10:10 PM)
i know, thats why now im thinking if i should buy physical gold, be it jewelry or gold bullion. Buy from wah chan/poh kong and sell to them . but im not sure the gap/spread for physical gold buy and sell. can anyone enlighten me? appreciate the helps u guys can provide to me
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Buy/sell gold with jewelery retailers going to cost you even more, 25-30% difference?

Any old timer here gotten bullion from UOB years ago without the cover and sold back to them recently?

Any issue without cover?
tropik
post Nov 26 2024, 02:30 PM

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QUOTE(prophetjul @ Nov 26 2024, 06:54 AM)
This old timer finds buying bullion form UOB SUCKS.
Now, they tell me only their HQ in KL will accept buybacks. No branch will accept the bullions.
I gave the manager a piece of my mine. I told him that their website does not say so!  vmad.gif
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Yes, was told the same thing when did enquiry at Jln Ampang UOB.

Then was asked if the bullion in proper cover/original packaging. I was like wtf, like time you just handed me in its bare form.

Now worried it may affect my selling price.
tropik
post Nov 26 2024, 06:12 PM

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QUOTE(prophetjul @ Nov 26 2024, 04:58 PM)
Mine are all in their capsules together with UOB certificates from 23 years ago.
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Very good price back then 🤑
tropik
post Oct 8 2025, 05:53 PM

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Where else can get physical silver?

10 oz is the ideal size to go for.
tropik
post Oct 8 2025, 06:49 PM

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QUOTE(AVFAN @ Oct 8 2025, 05:58 PM)
can try the jewelry shops, they sometimes carry.

BUT... they prcie them very high.

e.g. bullion trader 10oz price now RM2227, those shops shud be selling about RM2600 - vv hard to buy... biggrin.gif
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Then its a no no, not going to pay the premium.

Yesterday I checked the Kelana shop website, all out of stock.
tropik
post Oct 17 2025, 12:16 PM

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Many many years ago I FOMO for gold, the momentum died after I gotten it.

Now want to chase silver also no stock in the market.
But if the whole momentum dies, silver will come down faster and harder?
tropik
post Oct 17 2025, 01:43 PM

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QUOTE(Unkerpanjang @ Oct 17 2025, 12:37 PM)
Bro, u don't lidat one please.

You go active in ASNB, FD, EpFf forum for time being. When we sol d oledi, we inform u.
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Not jinx-ing, I still hold the little ounces that I bought.
Like some of you said, buy and forget.
This year only realized it has multiplied so much.

QUOTE(AVFAN @ Oct 17 2025, 12:46 PM)
The dynamics are v intense this time.

Gold is up becos of geopolitics, de$, possibly some firm of global monetary reset. The gurus think we're into the 3rd year, 3-5 more to go before it's settled.

Silver is driven by supply deficit & paper trade manipulation, about to collapse. There's still backwardation of >$1 now. When physical silver price takes over, it will gap up. So, when silver bars become available again, price wud likely be much higher. Too bad, I also can't find more silver to buy.
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10oz, 1kg, 100oz will be ideal, but that also out of stock.
1oz when bought many pieces, total spread paid is huge.
tropik
post Oct 17 2025, 06:03 PM

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QUOTE(prophetjul @ Oct 17 2025, 04:33 PM)
I am  rclxub.gif    sweat.gif
I think we should see gold correct to maybe $4,000 to $4,100. It's healthy.
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Hope can get some silver by then.
tropik
post Nov 1 2025, 07:51 AM

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Yesterday saw availability for an odd size bar, the design with arabic script? Now it's gone... booked by you?

How does it work with Silver Bullion, we just Whatsapp them saying we want x bar of what design, they'll just reserve for us?

No need to deposit? Will they ship the bar if there's availability in other branches?

QUOTE(AVFAN @ Oct 31 2025, 07:01 PM)
heads up for you.

Silver Bullion has some new silver bars stock.
https://www.silverbullion.com.my/Shop/Buy/S...rentBranch=MYKL

i just booked a bit.

i am a fan of both gold & silver.

i hope to see GSR or gold:silver ratio to go from 82:1 to 50:1 or silver/gold from 1.2% to 2%.

so... target... gold $5000/oz, silver $100/oz.

samsung has a new silver EV battery... to be mass launched soon.

single charge <10min, good for 1000km.

needs 1kg silver... if silver price doubles, EV price with that battery has to incr by RM10,000!
https://www.jpost.com/business-and-innovati.../article-852029
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tropik
post Nov 1 2025, 08:30 AM

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So pay by cash also need to book the bars via their website 1st, correct?

Cannot just text, book and go to their office to pay and collect, right?

QUOTE(AVFAN @ Nov 1 2025, 08:14 AM)
when i saw the new stocks, there were a variety of 10 oz, about 30 of them; and 1 oz, about 20 of them.
i noticed about half were sold within 1 hour; all gone in 3 hours. biggrin.gif ( the last time i saw new stocks, all sold out within 3 hours).
now, i see only 2 x 250g Nadir (turkish) left.

to my knowledge, this seller offers the best prices, for both gold & silver.
you first register. then you shop, put in cart. check out, place order.
to pay by bank transfer within 2 working days, set collection day and time, go collect at their office in kelana jaya.
alternatively, u arrange to pay in cash at collection.
official acknowledgement, confirmation done with email.
whatsapp used for quick communication.
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tropik
post Nov 1 2025, 09:32 AM

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Didnt get to book the Nadir, showed out of stock.

See closer its actually minus 2 (- -2).

Stay patience then.

QUOTE(AVFAN @ Nov 1 2025, 08:38 AM)
right, must book on website first.

this seller is not a retail shop, don't do walk-in sales.
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tropik
post Nov 5 2025, 11:45 AM

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Lot of 1oz silver stock in Silver Bullion KL now!

This post has been edited by tropik: Nov 5 2025, 11:46 AM

 

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