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Chat Is it worth to invest e-gold 1g at rm370?

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FreedomSeeker
post Apr 16 2024, 03:27 PM

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My late mum left us some gold she bought very long time. I know last time my mum got some money she will buy some gold to keep 1. When i check bak the receipt. 1g = rm50/60 like that. Fuh…
SUSyolldddd
post Apr 16 2024, 03:31 PM

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Only now buy gold

Too late liao lah u sei sohaiiii
zerorating
post Apr 16 2024, 03:36 PM

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QUOTE(yolldddd @ Apr 16 2024, 03:31 PM)
Only now buy gold

Too late liao lah u sei sohaiiii
*
if buy for long term hold, anytime is fine to buy gold.
most are not daily trading betting at 100:1 leverage laugh.gif

farking hell, why i didnt purchase more earlier ranting.gif
Freshmeat21
post Apr 16 2024, 03:37 PM

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QUOTE(Izzet @ Apr 16 2024, 03:17 PM)
Don't get e-gold.. Get this

user posted image

I got this when gold =RM16000 per 100g..back in 2017-18
Now RM40K?!

Noice
*
Based on UOB rates, bank sell rm477 physical vs rm368 account. That's 28% difference

you only need to pay rm11, 520 for that 100g

Izzet
post Apr 16 2024, 03:42 PM

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QUOTE(Freshmeat21 @ Apr 16 2024, 03:37 PM)
Based on UOB rates, bank sell rm477 physical vs rm368 account. That's 28% difference

you only need to pay rm11, 520 for that 100g
*
Err.. I don't know account gold price can be cheaper than physical..
Are u sure it is something that pegged to gold?

If it not reflect actual gold price.. U confidence to buy?
Freshmeat21
post Apr 16 2024, 03:48 PM

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QUOTE(Izzet @ Apr 16 2024, 03:42 PM)
Err.. I don't know account gold price can be cheaper than physical..
Are u sure it is something that pegged to gold?

If it not reflect actual gold price.. U confidence to buy?
*
Your gold account holdings is in grams instead of RM.

It's not cheaper than physical, it's more closer to the market rates.
its physical is more expensive due to the processing and storage fees etc.

user posted image
zerorating
post Apr 16 2024, 03:51 PM

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QUOTE(Izzet @ Apr 16 2024, 03:42 PM)
Err.. I don't know account gold price can be cheaper than physical..
Are u sure it is something that pegged to gold?

If it not reflect actual gold price.. U confidence to buy?
*
pegged by trust in banks. laugh.gif
Izzet
post Apr 16 2024, 03:52 PM

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QUOTE(Freshmeat21 @ Apr 16 2024, 03:48 PM)
Your gold account holdings is in grams instead of RM.

It's not cheaper than physical, it's more closer to the market rates.
its physical is more expensive due to the processing and storage fees etc.

user posted image
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But the gold bar I don't keep in bank.
I keep it with me.

Still, am I required to pay storage fees? I can't brain.
SUSskyblack4492
post Apr 16 2024, 04:10 PM

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QUOTE(yolldddd @ Apr 16 2024, 03:31 PM)
Only now buy gold

Too late liao lah u sei sohaiiii
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Kasi chance la macha
SUSskyblack4492
post Apr 16 2024, 04:11 PM

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QUOTE(sunami @ Apr 16 2024, 02:43 PM)
bbbuuu
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No buy dont red eye yo - messiah god

This post has been edited by skyblack4492: Apr 16 2024, 04:11 PM
SUSskyblack4492
post Apr 16 2024, 04:13 PM

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QUOTE(Izzet @ Apr 16 2024, 03:42 PM)
Err.. I don't know account gold price can be cheaper than physical..
Are u sure it is something that pegged to gold?

If it not reflect actual gold price.. U confidence to buy?
*
All in ok?
Freshmeat21
post Apr 16 2024, 05:20 PM

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QUOTE(Izzet @ Apr 16 2024, 03:52 PM)
But the gold bar I don't keep in bank.
I keep it with me.

Still, am I required to pay storage fees? I can't brain.
*
when the bank sell you the gold they no need to keep stock?
digilife
post Apr 16 2024, 05:28 PM

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This sure WINrar

https://www.habibjewels.com/gold-bars
Izzet
post Apr 16 2024, 05:29 PM

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QUOTE(Freshmeat21 @ Apr 16 2024, 05:20 PM)
when the bank sell you the gold they no need to keep stock?
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I buy from gold smith shop.
lopo90
post Apr 16 2024, 05:30 PM

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Never too late to invest in gold/ e-gold instead of that so called "digital gold"/future money that so many people are into lately

All. Got burned lately buying in at 70k usd. Now its value 63k and dropping
version46
post Apr 16 2024, 05:31 PM

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yup, +$3000 an ounce by 2025
Efalex
post Apr 16 2024, 05:31 PM

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If you can't hold it, you don't own it....
lopo90
post Apr 16 2024, 05:33 PM

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QUOTE(version46 @ Apr 16 2024, 05:31 PM)
yup, +$3000 an ounce by 2025
*
At the rate things are going locally and globally. I think you're right


Freshmeat21
post Apr 16 2024, 05:50 PM

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QUOTE(Izzet @ Apr 16 2024, 05:29 PM)
I buy from gold smith shop.
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congrats

user posted image
sunami
post Apr 16 2024, 05:58 PM

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QUOTE(skyblack4492 @ Apr 16 2024, 05:11 PM)
No buy dont red eye yo - messiah god
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btw..gold for long term la...if short term...
invest like forex.....in and out quick laugh.gif

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