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can be like in monopoly, use 4 hse xchg 1 hotel?
For those of you who has spare cash, you might want to consider buying Gold Bars as a long term investment. You dont need a lot of cash to collect 1 Oz of Gold bar at USD 1670. Imagine, if you only collect 1 Oz every year and put it away as savings......
Cheers
N
Hi all,
Seems like nowadays gold investment with VGMC are very hot both in Singapore and Malaysia.
Promised with return of 10% every month.
They are now under BNM watch lists.
Member of public should stay away from it.
Bank Negara Malaysia (BNM) would like to alert the members of the public a list of companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by BNM.
http://www.bnm.gov.my/documents/2012/Financial_Consumer_Alert_listEN.pdf
Its proven bro,myself had already seen results from the investment.the transactions normally in cash such as buying the lots and selling.
Dear bros, i will not touch gold for now, only gold i will ever buy is from UOB directly.
No ETFs and no funny gold business for me.
Someone i knew at the very top of the food chain warned me against this years ago
before he passed on, now its resurfacing again.
Dear bros, i will not touch gold for now, only gold i will ever buy is from UOB directly.
No ETFs and no funny gold business for me.
Someone i knew at the very top of the food chain warned me against this years ago
before he passed on, now its resurfacing again.
Hi Wuqi,how to go about buying gold from UOB?
Hi Wuqi, agree with the gold from UOB but why not ETFs? I though they are a safe vehicle and one of the safest ways to invest in silver is through ETFs. Perhaps you can enlighten us.
Hi lanlibra, glad to assist. Please see below:
http://www.uob.com.sg/personal/investments/treasury/precious_metals.html
I will buy more gold coins, especially Canadian Maple then gold bars as they are easier to store, etc.
They do paper gold as well but i won't really touch them.
I am just an IT guy and not into investments or property, i know very little about things outside of IT world.
So always do your due dilligence first when doing any type of investments.
View attachment 6366
Extract of report from "Asia Economics Flash", titled "Who could benefit the most from further Chinese stimulus?" by Goldman Sachs dtd 27Aug
Basically it says if Chinese try to stimulate its economy, Malaysia will benefit more than others.