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 GOLDETF (0828EA), Buy Gold like u buy shares

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Syie9^_^
post Apr 10 2020, 02:30 PM

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QUOTE(Cubalagi @ Feb 21 2020, 04:42 PM)
Gold up so strong nowadays. MYR also weakeng. This virus really throw a curveball to my predictions.

Gold etf now at RM2. 23. That's 9% return this year only.
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Got in 01012020 till now TD +16% thumbup.gif
Syie9^_^
post Apr 10 2020, 02:31 PM

Catwoman
******
Senior Member
1,072 posts

Joined: Jun 2018


QUOTE(Cubalagi @ Apr 10 2020, 12:48 PM)
Just to update this thread.. Goldetf is now up 35% for 1 year.
Recession is now here.. U buy gold?
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Recession was 3 weeks ago; Now it is Depression biggrin.gif biggrin.gif
Syie9^_^
post Apr 10 2020, 03:46 PM

Catwoman
******
Senior Member
1,072 posts

Joined: Jun 2018


QUOTE(Cubalagi @ Apr 10 2020, 04:58 PM)
I don't know how u measure Hot or Cold.. But if by traded volume I say it's barely air suam.

But more important is liquidity, and I checked the bid ask spread just now there are 100k units at ask of 2.375 and bid of 2.35 with some smaller orders in between. I have done 50k trades for this counter no problem.
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