Author Topic: GOLD  (Read 102253 times)

Offline watzisname

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Re: GOLD
« Reply #150 on: August 15, 2013, 08:04:28 AM »
Precious metal = depleting and in basic economic, anything in demand and deplete in supply will increase it total value over time

I'm afraid I have to disagree with you on that one. Any other metal it would be true, but gold is mostly stored in the form of jewellery , coins and bullion so it is not exactly "used" per se. Other than a miniscule amount used in electronics, the amount of gold in storage in the world has not depleted, in fact it it increased with mining

Offline jamesgurera

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Re: GOLD
« Reply #151 on: February 19, 2015, 07:01:43 PM »
Hello, As now a days plenty of people are doing investment in gold bars. As there is very high risk of security of gold. So, its better to invest in stock market as i am doing. All the best for your investment and get more profit by doing investment in stock market.
 :thumbsup:

Offline kygan711

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Re: GOLD
« Reply #152 on: February 25, 2015, 07:35:03 PM »
Buy or invest in what you know will be my best advice whether it's gold, stocks, watch, cars , commodity, forex....etc. Otherwise your investment decision is no different from the ladies in the wet market using rumor and hearsay to make their investment decision without facts and research.

Offline gnoy26

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Re: GOLD
« Reply #153 on: March 12, 2015, 04:28:54 PM »
frankly gold has dropped to a low and usually parked against USD it will be going down i forsee a lil more...

gold and oil prices usually go up and down against USD thats my formula...

Offline jamesgurera

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Re: GOLD
« Reply #154 on: March 27, 2015, 07:10:11 PM »
Yes the gold prizes will still go high. As in normal case gold and oil prizes usually go up and down against USD many people think this. If you want to buy or sell gold it never harms. As it is always in the safer hands.

Offline dpkong

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Re: GOLD
« Reply #155 on: March 30, 2015, 08:33:25 PM »
Yes the gold prizes will still go high. As in normal case gold and oil prizes usually go up and down against USD many people think this. If you want to buy or sell gold it never harms. As it is always in the safer hands.


Last I remembered, this is a watch forum and yet all you post about is about encouraging people to get burnt in a market (gold/stocks/oil) which few are well equipped to invest in. I would rather encourage people to go invest in farming companies. At least that would produce food.


Offline ggr2831

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Re: GOLD
« Reply #156 on: July 12, 2015, 11:44:05 PM »
Watch greece issue. If USD strong then gold will defalued. But not much...

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Offline CKL1213

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Re: GOLD
« Reply #157 on: July 13, 2015, 07:45:19 AM »
I have one gold necklace to sell.

How to sell? go to pawn shop or can go to those jewelry shops saying I want to sell?

hai..economy no good...

Offline Geneve

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Re: GOLD
« Reply #158 on: July 13, 2015, 01:57:27 PM »
You can sell it at jewelry shop.

Offline engkow

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Re: GOLD
« Reply #159 on: July 14, 2015, 02:13:03 PM »
Ckl, see [ mod : no commercial link pls ]
« Last Edit: July 15, 2015, 07:43:45 AM by chrisyen »

Offline Henrylee

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Re: GOLD
« Reply #160 on: October 11, 2015, 07:03:18 PM »
how to investment do on gold??? meaning we can buy the gold through investment and own it by physically?

Offline EvolutionZ

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Re: GOLD
« Reply #161 on: October 17, 2015, 10:33:32 PM »
Try look into Maybank and public bank gold investment account. They sell gold on paper. You can buy and sell via online banking. It's like current exchange business model, buy in at one price and sell at a little bit lower than current price cos some deduction for their fee. It's safer than you keep gold bar

Offline effendy131

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Re: GOLD
« Reply #162 on: October 18, 2015, 09:07:17 AM »
I would recommend to buy Gold via UOB Gold Saving account. The buy and sell differs a bit only. This is the best I observed so far.

Offline chrisyen

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Re: GOLD
« Reply #163 on: November 03, 2015, 02:00:38 PM »
I would recommend to buy Gold via UOB Gold Saving account. The buy and sell differs a bit only. This is the best I observed so far.

the last i study also UOB the best...

anyway, i empty my public GIA for long time b4 price dip down

still not thinking to invest in gold again

Offline seed8801

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Re: GOLD
« Reply #164 on: November 11, 2015, 10:33:18 AM »
I have one gold necklace to sell.

How to sell? go to pawn shop or can go to those jewelry shops saying I want to sell?

hai..economy no good...

But you at the worst time to sell gold if you did it 3 years ago would sell it at better price

Offline Uhr25

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Re: GOLD
« Reply #165 on: February 24, 2016, 10:31:17 AM »
Back to 1200 level against USD...overall YTD equity market corrected 10-20%. Except gold...

Offline Harry33

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Re: GOLD
« Reply #166 on: February 25, 2016, 04:32:10 PM »
Happened to be at Poh Kong last week. They're encouraging ppl to buy gold bar as hedge against RM.

If not mistaken, the price;
500 gm = RM 65k
1kg = RM 129k

Offline toypoodle

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Re: GOLD
« Reply #167 on: February 25, 2016, 05:05:02 PM »
Retail price ain't that cheap; international spot gold price today googled to be ~MYR166/g, ie., MYR166,000 for a Kilo Bar!

Offline Harry33

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Re: GOLD
« Reply #168 on: February 25, 2016, 06:11:07 PM »
Oh sorry. Then it must have been 85k for 500 gm & 169k for 1kg.

Offline ymchow

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Re: GOLD
« Reply #169 on: March 13, 2016, 10:41:30 PM »
went to Tomei at mid valley this afternoon , they sell 500g at rm86k and 1kg at 171k

Offline Peixian

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Re: GOLD
« Reply #170 on: March 15, 2016, 09:40:26 AM »
I think that matter is normal that the gold price will increase year by year.
so do you trade without hesitation.

Offline forces908

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Re: GOLD
« Reply #171 on: March 19, 2016, 05:49:00 PM »
hedge agaisnt MYR? dont play play ya.
hedge agaisnt MYR in malaysia you can legally open a foreign currency account at any major bank.
that is the safer option.
Gold is subject to price drop because of a lot other matter than USD, and the flactuation of gold does not always in sync with MYR.
on the other hand, forex is safer because, well, u hedge currency agaisnt currency.
if MYR drop, it drop agaisnt ALL currency, not just one or two.
of cos, they only way to do it legally is thru bank, not forex website ya.

Offline toypoodle

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Re: GOLD
« Reply #172 on: March 19, 2016, 07:47:22 PM »
Someone with simple mind like me accumulate gold in solid form for 2 simple reasons: (1). Heirloom to pass down thru' generation, in the form of kilobar. (2). Effective commodity during emergency period when currency became worthless pieces of paper, in the form of 100g minibar. Definately not to hedge against inflation, & neither is forex, commodities, stocks, & watches. Car is a negative equity, which only donkey would have invests into! Otoh, land & properties are the best hedges, as the former is getting scarce, & the latter is diectly dependent variable against the former. Of course, don't limit your land & properties investment in one particular country only, as the saying go ........ the world is our oyster.

Offline forces908

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Re: GOLD
« Reply #173 on: March 19, 2016, 10:28:04 PM »
With the mind like you is the best mind in investing anything.too many ppl invest because they afraid of losing the opportunity to gain something, not with the mind of protecting their wealth. Wishing you a smooth sail in your investment!

Offline Harry33

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Re: GOLD
« Reply #174 on: March 19, 2016, 10:31:42 PM »
Lol. But in the first place why would anyone equate a car to an investment?

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