GLD USD    Last:424.56    -10.24

Gold going up this year?

one useful wedsite is kitco.com.....join them at the forum, the American are interesting lot..

i call myself silversoar at the forum....join me there...i enjoy taunting them, i am bad..but some silver guy there are even worse...

 

hi Theresa......ppl buy physical is becos they are gold bug who believe in financial upheaval, economic doomsday theory, hyperinflation scenario..

but for me, i dont think these will come to pass, we are in this to profit, so i dont own so much physical...i do keep kilo bar , and coin of gold and silver..but if you buy fr bank , UOB, u must pay 7% GST...so normally ppl go for certificate...pls ask UOB for detail..

UOB got a silver saving acc...ask them..this one is good for DCA..

but it is nice to look at them, gold coin,kilobar and silver...i have fallen for them..it is shiok to hold in your hand..you got to hold it to feel it, no word can describe the feeling..

5 thousand years of monetery role..can never be wrong..buy with confident,

Theresa      ( Date: 01-Jun-2009 21:15) Posted: Hi Cheongwee, I interested to buy silver, which company can I approach?  It seems like silver has been steadily going up since last year.  Is there high risk? Thankyou cheongwee      ( Date: 30-May-2009 03:04) Posted: i will wait for it to correct to 800 and then start to buy more silver..but if it really chiong pass 1000 and stay there for one week, then i will jump back the wagon.

 

I am 80% and soon 90% in silver, previously i was more on gold, but i believe silver will outperform gold..it is interesting to note that Gold silver ratio have improve from 80 over to 1 to now 62 to 1..

i expect mania stage the ratio to be 1 to 30 to 40...that means i oz gold buy 30 to 40 oz silver..

silver run faster than gold, but it also drop faster than gold, but that doesnt matter as pm invester , we know the future is of inflatiou...gold and silver will sure to rise eventually...profit for sure..a matter of time.

one gold stock is AUY( yamana gold)...if u are sincerely interested, the best is to DYODD and search it out...read more..do more homework..but most stock are empty shell..so a word of caution..

some of my strock are NEM, GG, Kinross..

pipiii      ( Date: 01-Jun-2009 19:29) Posted: new as in juz a month into trading.. yah i know bout how bullish the market is right now but i'm waiting for my chance to get in silver and gold once the prices drop. as of now i'm juz researching so as to gain some knowledge.  for the 2 stocks u recommended i'll certainly keep a lookout for them. hmm what bout gold stocks then?

 

Hi Cheongwee,

I interested to buy silver, which company can I approach?  It seems like silver has been steadily going up since last year.  Is there high risk?

Thankyou

cheongwee      ( Date: 30-May-2009 03:04) Posted: i will wait for it to correct to 800 and then start to buy more silver..but if it really chiong pass 1000 and stay there for one week, then i will jump back the wagon.

 

new as in juz a month into trading.. yah i know bout how bullish the market is right now but i'm waiting for my chance to get in silver and gold once the prices drop. as of now i'm juz researching so as to gain some knowledge. 

for the 2 stocks u recommended i'll certainly keep a lookout for them. hmm what bout gold stocks then?

 

u said recent, how recent, just recent, then be alert.if u are totally new....market is very hot now, if u are new..u end up burn, be careful...got profit take...cut lose early, ..as a guide.. cut lose at 8%..let profit run, drop 8% sell...example...depend on your ability to take risk..

pipiii      ( Date: 01-Jun-2009 16:55) Posted: hi cheongwee, i have recently started trading and am considered a newbie in it. however, i'm very much interested in buying silver and gold stocks. but i currently have no idea how i go bout doing it. As such, i would like to ask if i could buy the stock gold 10us$ in 100 shares? as with the current price 1 lot costs as much as $98000 usd which i do not have of now. regards, wh

 

always in a bull, ppl rush in,  i suggest patient, wait for awhile, i believe it will come down soon...

the risk is more if you come in now...i believe u can buy in sept....even if gold will to hit 1100..it is just 11% increase fr here..for GLD10US$, but stock soar like eagle..esp silver stock.

and "yes"..u can buy in block of 10 shares. for GLD10 US$....if u got appetite for risk...why not go for silver,,..i dont like this GLD10.., it is slow.

u can buy silver stock..like SSRI and PAAS...this 2 are ok..but hold your gun first...til; sept.

 

 

pipiii      ( Date: 01-Jun-2009 16:55) Posted: hi cheongwee, i have recently started trading and am considered a newbie in it. however, i'm very much interested in buying silver and gold stocks. but i currently have no idea how i go bout doing it. As such, i would like to ask if i could buy the stock gold 10us$ in 100 shares? as with the current price 1 lot costs as much as $98000 usd which i do not have of now. regards, wh

 

aiyoh...now the $ is dropping like a stone, because of the problem in bond...that is why gold cheong...

hope it does not in anyway affect the dow..

 

 

hi cheongwee,

i have recently started trading and am considered a newbie in it. however, i'm very much interested in buying silver and gold stocks. but i currently have no idea how i go bout doing it.

As such, i would like to ask if i could buy the stock gold 10us$ in 100 shares? as with the current price 1 lot costs as much as $98000 usd which i do not have of now.

regards,

wh

 

gold and silver vested and interested, any stock to recommend..??thk you

 

did you all bought PAAS, SSRI, NEM, GG, AUY..and many penny way back in 2003, cannot put here,,too risky, u may lose heavily, only those listed here wont dies fast..

i did..and i say u can buy them cheap in end sept  2009 again..i dont know how to get in and out, but i do have luck to buy cheap on ave from 2003 till now...i only buy and keep for an XOP of gold of 2260..for gold..and 75 silver...

gd luck to all...

 

 

no problem, guy, but if 800, that give some guy here a chance to hop on the train to 1500...and me a chance to buy more...dont be selfish..and u can buy more at 800 alos..just one more chance for us to buy more..

and dont be over confident, so many year vest, the last time it was this close, it sink..

u must know why gold is rallying....becos of oil..and bond problem causing dollar to drop,, but with stock roaring, very soon it will drop...

but if it go to 1500, i still vested and profit...so???...esp silver..look silver outperform gold...now i am 80% silver...still not so late for you all to switch over...before the GSR got to 1 to 40..

for me gold and silver are to pickup on cheap and for mania coming.....

and pls buy more, not 3 m...3t better for me, dont need to wait for mania...because u are the mania...who know?..u may turn out to be our gold invester.."Chye Sian Ya"..money god...buy our gold at 2000..

01101749      ( Date: 30-May-2009 04:43) Posted: gold  at 800 again, Wait long long ! i just park 3 million into gold. gold 2000 up up n away! cheongwee      ( Date: 30-May-2009 03:04) Posted: i will wait for it to correct to 800 and then start to buy more silver..but if it really chiong pass 1000 and stay there for one week, then i will jump back the wagon.

 

I already have millions! hahaha! how about u?

iPunter      ( Date: 30-May-2009 12:38) Posted: This reminds me fondly of Nicolas Darvas' excellent stocks playing method way back in the oldies, which he called the 'Boxes Method'... he made millions with that method... "The Genie Tutorials" (click)  cheongwee      ( Date: 30-May-2009 03:04) Posted: i will wait for it to correct to 800 and then start to buy more silver..but if it really chiong pass 1000 and stay there for one week, then i will jump back the wagon.

 

gold  at 800 again, Wait long long ! i just park 3 million into gold. gold 2000 up up n away!

cheongwee      ( Date: 30-May-2009 03:04) Posted: i will wait for it to correct to 800 and then start to buy more silver..but if it really chiong pass 1000 and stay there for one week, then i will jump back the wagon.

 

i will wait for it to correct to 800 and then start to buy more silver..but if it really chiong pass 1000 and stay there for one week, then i will jump back the wagon.

 

dont know whether this round is for real, the last time it got this close, i went to buy lot of silver and it start to correct fr there...(me refering to physical)

it is not that i lose, but i bought at high px, not happy..less profit.

so this time, i am lost..i will bet it correct to 780 to 800..stick to my gun..i thk the most it got close to 1000...then drop and correct to summer end...DYODD

 

Hi Chong Wee, Alligator, Weishen81 & fellow forumers,

I hereby sincerely seek all of u to be the unbiase judges over at "China Hongxin" thread, of who is being emotional & put this case to rest.

If I m truly being emotional, I will henceforth cease posting & sharing in this forum & rather just spend tat time wholeheartedly in my trading, rather than to be sadden by unappreciative greenhorns hurling insults for my good intentions.. 

 

silver at 10

 

waiting 2 buy at 645.

 

My advice to u is not to play gold ETF but decision still yours. Search for my earlier posting why danger & not to play gold ETF.

august      ( Date: 24-May-2009 23:03) Posted: Hi, I am a strong believer in Gold / Silver for the long run ; and believe short term, it may correct itself. I am currently trading GOLD ETF but find the buy/sell spread unbelievable.  CheongWee, would you recommend a Singapore broker that deals with spot gold ? It may be more worth while buying gold there, with leverage than thru ETF. My thots only.  Kindly provide further guidance,.. on brokers in Singapore. Thanks,