Monday, February 21, 2011

GOLD PRICE MOVEMENT IN 30 DAYS

The gold price has break USD 1400/oz resistance level. See below on the trend for the past 30 days.


Do not be despair if you still hesitate to purchase. The price in the next one year shall definitely be higher than these price. My advise is to buy your pieces of gold bar or dinar consistently every month. This way you average out your investment.






Wednesday, February 16, 2011

IS IT STILL A GOOD TIME TO BUY GOLD?

My friends always ask me this question. Is it still a good time to buy?

My answer is, "Why Not? What are you afraid of?

Most of their answer is, "The price can come down."


I ask them back, "Can you time the market?"

They reply, "No."

I ask again, "What if the price goes up instead?"

** Quiet ** (No answer)


I will advise them, "If you buy now, and the price goes down, you buy again, adding to your investment. Your investment cost per gram is cheaper from the first time you buy"


An example :

You buy 20g gold bar on 10th Dec, 2010 at RM 3135. Your investment cost is RM156.7/g

The price goes down and 20g gold bar is only RM3090 today.


You can buy again.

If you buy, at RM3090 today, your total investment cost is now RM 6125 but you own 40 g of gold. Your investment cost is now RM153.1/g. The cost is now cheaper by RM3.6/g.


So, your opportunity to gain is at a higher rate now.


Physical Gold Investment is a better avenue for medium to long term investment. You must keep your gold bars and dinars for atleast 2 years before you can reap the return. The longer you keep, the better the return in.


The pictures below show three charts :-

1. 60 days Gold price up to 16 th February, 2011

2. 6 months Gold price up to 16th February, 2011

3. 1 year Gold price up to 16th February, 2011


Your question on "Is it still a good time to buy?" is answered here. Yes, because, the price today is still a low price compared to last year end price. Last year end price is at USD 1421.60/oz whilst today, the price moves from USD 1370/oz to USD 1376/oz. This is already a discounted price of at least 3.3%.


Observe the chart, the graph has a bottom at USD1314.90/oz somewhere at the end of January 2011. The trend is moving upwards now. The price may already make a rebound. My advice is to catch the price before it shoots up. How to buy physical gold?

You will come out with a different question. "Will the price go up?" "Of course" See the 6 months Gold price chart, the lowest price is USD1224.70/oz. You will never see this price again to buy, at least for the next 1 - 2 years. Where will the price go? It will go up.


How much will the return be? I have no answer to that but you can see the last one year chart.


Taking the highest price with the lowest, the return is 31% in one year. Better illustration is shown in 10-years Chart.


Can you calculate how much is the return on investment for 10 years?

So, What stops you from owning gold now?

How to buy physical gold?


If you have a Facebook account, you can sight my photo album of gold & silver. You may find good insights & comments there.


OTHER ARTICLES ON INVESTMENT GOLD
INDEX


Tuesday, February 15, 2011

BRILLIANT IDEA ON UTILISATION OF PUBLIC GOLD PROMOTIONAL OFFER

Talking to one potential dealer last weekend gives me an idea of how to utilise the promotion period given by Public Gold (PG). As I mentioned earlier, PG gives a chance to upgrade dealers straight into Priority Dealer by purchasing 2 pieces of 250g gold bars. See price of 250g gold bars at the right-hand side of this blog. This is indeed a fast short-cut way to become Priority Dealer. Priority Dealer will get 1.5% commission on sales.



Price as at 15th February, 2011 4:15pm is RM37,923. So, 2 pcs will require you to invest slightly less than RM76,000. Without this promotion, investor would have to have RM100,000 sales in one Sales Order to be Priority Dealer.


What can you do with the 2 pcs gold bar?

If you intend to earn profit from physical gold business, you can actually go to ArRahnu Agro Bank, and get 70% financing from its value (nilai marhum). You will get about RM53,000 from Agro Bank. With this money, do not spend it, buy gold from it for investment and trading purposes. This time, buy smaller pieces as it will be more convenient to sell to customers. You can get at least 10 pcs of 20g gold bar and 10 pcs of 1Dinar from the money. Promote gold bars & Dinars to your family and friends.

If you do not intend to sell any physical gold to others, you can keep them as your investment. See how the price increase in a year's time. It never fails to increase in price before and I do not foresee that there will be no capital gain. See Previous Return on Investment on physical gold.


What do you gain / own at the end of the month?

1. Commission 1.5% from your sales
2. Profit from your physical gold business
3. Your 2 pcs 250g gold bar at ArRahnu
4. Your physical gold bar & Dinar stock

That is indeed a very good start for physical gold business. Find your favourite dealers here.

For those with lesser financial capabilities, do not despair.
You can still be an Authorised Public Gold dealer with only RM20,000 investment.

Here is the promotion for being a dealer from now until August 2011.


Related articles :

Sunday, February 13, 2011

SEEING GOLD & SILVER : WORLD ISLAMIC MINT - ROLE, PURPOSE & OBJECTIVE by UMAR IBRAHIM VADILLO

I was browsing through my pile of articles and the name Umar Ibrahim Vadillo, catches my eyes. In Halal Journal, Umar Vadillo's words are captured and it is written nicely here. Have fun reading them. Just click on the 3-pages articles to have an enlarge version.















Tuesday, February 8, 2011

CITIZANS BANKED ON GOLD IN MYANMAR'S TROUBLED ECONOMY ~ ROB BRYAN (AFP)

The article is somehow a little bit blur. My apologies for my inexperience in handling the blog. You can click on each page to read the enlarged version. To go back, press <-- button. The content of the article is eye-opening for all of us. Read the 4 pages article and you will know why people keep gold instead of piles of money.











Full article can be sighted at http://bit.ly/fk5MUH. No changes has been made to the article with the exceptions of the highlighted wordings.

Have fun browsing.


Sunday, February 6, 2011

PROMOTION FOR DEALERSHIP WITH PUBLIC GOLD



Good opportunity for those who wants but still hesitate. Gold price is on the low side now, below USD1350/oz. Investment amount to be a dealer is only RM20,000. Start Invest Now! If you like reading my simple blog, just let me be your Introducer in the Dealer's Form.

See the 60-days chart from http://www.kitco.com/ below. The highest price was at USD1426/oz. The lowest was at USD1314.90/oz. Currently price lingers below USD1350/oz. It may be a rebound of the gold price after the current low. If you are investing for medium to long term, short term fall of the price should not worry you as the price in one years' time will definitely be higher than USD1426/oz.





Read my earlier post on Gold Price Drops!! Should you Panic? I also found this article by Richard Rusell, Financial Sense entitled Gold Bottoming? He said he reads McClellan Market Report for years and the report was mentioning that gold will be at the low cycle every 12.5 months. Jan6 2006, Jan8 2007, Jan7 2008, Jan5 2009, Jan4 2010 and the later predicts Feb 8, 2011, to be another low. Please note that he also include ... 'give and take a few weeks before & after that date.' So, why wait? The low cycle might have passed. It is time to move on and restrategize on your investment portfolio.


Start Invest Now!



The above chart is captured from the article Gold Bottoming? by Richard Rusell.


Have fun browsing & reading my blog.