Posted by gemma > 2011-12-17 12:24 | Report Abuse

started to invest via MGIA. Long term investment. ref; goldprice.org or kitco.com

Posted by Jake > 2011-12-17 16:13 | Report Abuse

gemma, MGIA stands for? What is the website to check gold market prices, charts??

Posted by gemma > 2011-12-17 21:50 | Report Abuse

MGIA abv Maybank Gold Investmt Account. Can check goldspot price at goldprice.org or kitco.com.

Posted by Jake > 2011-12-18 01:47 | Report Abuse

Ok thanks for info gemma...its the same as CIMB Gold account right!?

Posted by gemma > 2011-12-18 08:50 | Report Abuse

Absolutely right.

Posted by Jake > 2011-12-18 10:44 | Report Abuse

Banks must be competing with each other, which bank offering the best deal right now?

Posted by gemma > 2011-12-18 16:15 | Report Abuse

MBB margin is about Rm4.00(buy/sell) Im not sure how much CIMB or PBB is charging..

Posted by leonardrocks > 2011-12-18 23:51 | Report Abuse

any idea on UOB gold acct?

Posted by Jake > 2011-12-19 00:21 | Report Abuse

Buying paper or actual physical gold is better?

Posted by gemma > 2011-12-19 01:11 | Report Abuse

I prefer buying papers bec of risk involve keeping physical gold. Besides buying papers is cheaper than physical gold.But if one is thinking of migrating of course physical gold is prefered.
Buying papers is similar to buying of shares. We dont hold physical shares right. only statement from CDS.

Posted by gemma > 2011-12-19 01:16 | Report Abuse

leonardrocks,the difff is the margin. MBB margin is RM 4.00 + spot price.