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Where to sell gold?
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TSnauticat99
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Feb 21 2020, 01:35 AM, updated 6y ago
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Got a bunch of gold jewellery I wanna get rid off. Went to Poh Kong but they do not give cash but trade in only. Saw some websites such as silverbullion, ms gold bullion trading physical gold. Any ktards deal with these companies before?
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shirohamada
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Feb 21 2020, 01:41 AM
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QUOTE(nauticat99 @ Feb 21 2020, 01:35 AM) Got a bunch of gold jewellery I wanna get rid off. Went to Poh Kong but they do not give cash but trade in only. Saw some websites such as silverbullion, ms gold bullion trading physical gold. Any ktards deal with these companies before? Wait a bit. Price is going up daily. Already up rm100 in 2 days.
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SUSAngelic Layer
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Feb 21 2020, 01:42 AM
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Getting Started

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Bad luck. Gold bullion seller sometimes can say they overstock and don't want to receive, that's why I always tell people not to buy physical gold. Last time I have good experience with mysmartgold, but I don't think they will buy jewelry. Poh Kong guys sure will potong kaw kaw one.
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SUSAngelic Layer
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Feb 21 2020, 01:45 AM
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Getting Started

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QUOTE(shirohamada @ Feb 21 2020, 01:41 AM) Wait a bit. Price is going up daily. Already up rm100 in 2 days. COT commercials net short, if got cash in futures I tell people to buy wheat, soybean or in Malaysia case palm oil at the moment.
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damonlbs
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Feb 21 2020, 01:46 AM
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pawn shops
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TSnauticat99
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Feb 21 2020, 01:52 AM
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Those gold were given during wedding and I just kept them in storage for years. Now maybe a good time to sell since its on the high side. How does those pajak gadai work? I'd rather use the money to travel or put in Bursa. So troublesome to keep physical gold. Even Warren buffet also said gold the worst investment.
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s@ni
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Feb 21 2020, 02:28 AM
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QUOTE(nauticat99 @ Feb 21 2020, 01:52 AM) Those gold were given during wedding and I just kept them in storage for years. Now maybe a good time to sell since its on the high side. How does those pajak gadai work? I'd rather use the money to travel or put in Bursa. So troublesome to keep physical gold. Even Warren buffet also said gold the worst investment. PM pic and cert to me. Kot kot nak beli. Huehuehue
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SUSxingai
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Feb 21 2020, 02:34 AM
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Getting Started

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QUOTE(nauticat99 @ Feb 21 2020, 01:52 AM) Those gold were given during wedding and I just kept them in storage for years. Now maybe a good time to sell since its on the high side. How does those pajak gadai work? I'd rather use the money to travel or put in Bursa. So troublesome to keep physical gold. Even Warren buffet also said gold the worst investment. TBH, the gold is worst investment is quite true. Cos buy we buy, sell time we beg people buy. No connection want to sell also hard, got connection also worthless. Mineral investment are really sucked right now, especially when we're gutted and forced to accept outsider's offer and not ours. Now, I rather sell rented room on daily basis. The cash that come back is quite profitable, especially when there's many people wanted to piap but nowhere to piap.
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SUSAngelic Layer
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Feb 21 2020, 02:43 AM
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Getting Started

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In Japan gold bar is still hot, and there is 10% tax, so smuggling gold became profitable.
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shirohamada
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Feb 21 2020, 02:47 AM
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QUOTE(Angelic Layer @ Feb 21 2020, 01:42 AM) Bad luck. Gold bullion seller sometimes can say they overstock and don't want to receive, that's why I always tell people not to buy physical gold. Last time I have good experience with mysmartgold, but I don't think they will buy jewelry. Poh Kong guys sure will potong kaw kaw one. poo kong is just bad. and yea, selling physical gold is hard. only good when shit hits the fan kind of situation.
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shirohamada
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Feb 21 2020, 02:49 AM
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QUOTE(Angelic Layer @ Feb 21 2020, 02:43 AM) In Japan gold bar is still hot, and there is 10% tax, so smuggling gold became profitable. because they know yen is toilet paper.
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shirohamada
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Feb 21 2020, 02:55 AM
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QUOTE(nauticat99 @ Feb 21 2020, 01:52 AM) Those gold were given during wedding and I just kept them in storage for years. Now maybe a good time to sell since its on the high side. How does those pajak gadai work? I'd rather use the money to travel or put in Bursa. So troublesome to keep physical gold. Even Warren buffet also said gold the worst investment. >trusting shit tycoons say lel, he probably hoards gold. buying gold is a preservation of wealth.
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TSnauticat99
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Feb 21 2020, 03:11 AM
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That's why I don't understand why ppl like to give gold as dowry/presents. So troublesome to keep. Wear also don't wear some more have to pay money to keep them in banks storage. My policy now is to give stocks as full moon presents to my children when they have newborns. Up to the parents to managed them, keep until 18-20 years to be used as education funds when the need arises. But only blue chips with dividends.
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TSnauticat99
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Feb 21 2020, 03:15 AM
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Now prices of bluechips down and gold is up. Thot its a good time to dispose those gold.
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ladytarot99
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Feb 21 2020, 03:16 AM
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QUOTE(nauticat99 @ Feb 21 2020, 01:35 AM) Got a bunch of gold jewellery I wanna get rid off. Went to Poh Kong but they do not give cash but trade in only. Saw some websites such as silverbullion, ms gold bullion trading physical gold. Any ktards deal with these companies before? My PA’s sister do this business. Trading gold jewelleries.. but it’s like personal business, no actual shop(online).
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PATAR
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Feb 21 2020, 04:35 AM
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Getting Started

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I have no idea if these guys are trustworthy, but seems like they buy gold and prices are quite ok. https://www.ezycashgoldbuyer.com/
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lopo90
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Feb 21 2020, 05:59 AM
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QUOTE(Angelic Layer @ Feb 21 2020, 01:42 AM) Bad luck. Gold bullion seller sometimes can say they overstock and don't want to receive, that's why I always tell people not to buy physical gold. Last time I have good experience with mysmartgold, but I don't think they will buy jewelry. Poh Kong guys sure will potong kaw kaw one. If you buy gold from Maybank. The kijang emas. Selling back shouldn't be an issue right ? Just asking cause I bought some , plan to sell it when gold reaches 2000
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kygt99
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Feb 21 2020, 06:04 AM
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New Member
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Maybe can try publicgold.com.my ?
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SUSAngelic Layer
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Feb 21 2020, 06:23 AM
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Getting Started

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QUOTE(lopo90 @ Feb 21 2020, 05:59 AM) If you buy gold from Maybank. The kijang emas. Selling back shouldn't be an issue right ? Just asking cause I bought some , plan to sell it when gold reaches 2000 Might as well open gold account with maybank, it isn't secure from theft as well.
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lopo90
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Feb 21 2020, 06:28 AM
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QUOTE(Angelic Layer @ Feb 21 2020, 06:23 AM) Might as well open gold account with maybank, it isn't secure from theft as well. Prefer physical gold. Safety aside, if I want to sell back to them the gold I bought, it shouldn't be an issue right ?
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