because of that.....
if I want to buy, I don't mind paying for the spread.....

anyway to calibrate these kits?

China Again Rocks Markets – Now With 83 Tons Of Fake Gold Bars
Commodities Analysis
2020-07-01

As for what this means for the price of gold… well, Kingold is certainly not the only Chinese company engaging in such blatant fraud, and the consequences are clear: once Chinese creditors or insurance companies start testing the “collateral” they have received in exchange for tens of billions in loans and discover, to their “amazement”, that instead of gold they are proud owners of tungsten or copper,
they have two choices:
reveal the fraud, risking tremendous adverse consequences and/or prison time, or
quietly buy up all the gold needed to literally fill the void from years of gold counterfeiting.

Something tells us to option two will be far more palatable to China’s kleptoculture where one domino could trigger a collapse of the entire financial system.
What happens next: a panicked scramble to procure physical gold, one which even our friends at the BIS will be powerless to stop from sending the price of the precious metal to all-time highs.

https://in.investing.com/analysis/china-aga...-bars-200441413

What if it break this 1920 price tag? Then what is the next probable support number to watch?

read in Hellogold thread....
i think HG can do all that and yet the spread is just abt 5%, (where else Public Gold is 8%?)
but HG has 2%pa management fees.....did Publicgold has annual mgmt fees?

May i suggest you two, cool down and stop this 2 way communication/discussion....
for readers can differentiate between who is right, more right, wrong, who is more wrong by themselves.

TradePlus ETF cannot sell anytime??

on this char koay teow thing...
i think he did not have to work so hard to make the same amount of money.
price increased by so much,...will definitely cut off a % of fans/buyers,...yes there will still be fans/buyers.....the numbers of fans/buyer will reduce, the number of plates he fried will reduce, but the amount of money he will make may still be the same....

same as gold?
previously may give 10g dowry,...now can only afford a 5g dowry

just how to understand the future value of gold?
things to consider for ex: will gold be significantly used in the clean energy things, like electric cars or solars, etc

This post has been edited by yklooi: Mar 6 2021, 11:34 AM

Between this Maybank and gold etf in klse, which one has the lowest spread?