Tiagong, many Ah Tiong rushing to hoot Gold despite economic slowdown, why hah?

[k1976]

http://global.chinadaily.com.cn/a/202309/16/WS6504e3e8a310d2dce4bb60aa.html

Dun they know that buy condo at Paradise Island has much higher leeturns?

 

[k1976]

https://www.todayonline.com/world/chinese-gold-demand-soars-economic-worries-and-weaker-yuan-2256086

Gold is a babarian Pet Rock lai De woh

 

[k1976]

https://www.kitco.com/news/2023-09-...s-supply-constraints-and-demand-converge.html

Kum Kong Tiong is willing to buy gold at $120 above spot price De woh

 

[k1976]

https://mothership.sg/2023/09/trade-in-for-new-gold-maxicash/

Mean while smart sinki take out old gold to change new gold de woh

 

[blackmondy]

Buying gold is like buying HDB. You don't own them at all.

 

[k1976]

https://www.straitstimes.com/singap...6k-worth-of-gold-from-employer-over-two-years

Smart Balai Jiuhu has a better way to accumulate gold....

 

[k1976]

Buying gold is like buying HDB. You don't own them at all.

Yeah, it will be nice if u sell ALL your gold.. That ish a wonderful idea, boss

 

[blackmondy]

I'd like to ask some questions regarding buying gold:

1. How do you know the gold is truly yours?
2. Can you physically see the gold you buy? Can you demand to see them?
3. How do you know the gold is pure gold with no impurities?
4. Who determine the gold that you buy is genuine?
5. Who determines the intrinsic value of the gold?

Any financial guru here care to enlighten this ignorant seamster?

 

[ChiKopPow]

Few months back, hearsay Sinkie cheng hu also buying up a lot of kim (paper or physical, I don't know).

 

[k1976]

I'd like to ask some questions regarding buying gold:

1. How do you know the gold is truly yours?
2. Can you physically see the gold you buy? Can you demand to see them?
3. How do you know the gold is pure gold with no impurities?
4. Who determine the gold that you buy is genuine?
5. Who determines the intrinsic value of the gold?

Any financial guru here care to enlighten this ignorant seamster?

Why u buy something u cannot see?

 

[k1976]

I'd like to ask some questions regarding buying gold:

1. How do you know the gold is truly yours?
2. Can you physically see the gold you buy? Can you demand to see them?
3. How do you know the gold is pure gold with no impurities?
4. Who determine the gold that you buy is genuine?
5. Who determines the intrinsic value of the gold?

Any financial guru here care to enlighten this ignorant seamster?

Just like u go bank to deposit your monies...

Who determine the value of your fiat paper?

 

[blackmondy]

Few months back, hearsay Sinkie cheng hu also buying up a lot of kim (paper or physical, I don't know).

We also buy a lot of paper gold during Qing Ming. Does that count as investment or not ?

 

[blackmondy]

Just like u go bank to deposit your monies...

Who determine the value of your fiat paper?

Well you can see and touch your fiat currency, but can you see the gold you buy ?

 

[k1976]

We also buy a lot of paper gold during Qing Ming. Does that count as investment or not ?

View attachment 188831

That is for afterlife investment... 万福金安

 

[blackmondy]

That is for afterlife investment... 万福金安

Will the gold be enuf to offset the inflation in hell?

 

[k1976]

Will the gold be enuf to offset the inflation in hell?

Must be evsrgreening the inflation since we have many filial sons and dotter burning non stop in 7the month

 

[Boonsiong]

I'd like to ask some questions regarding buying gold:

1. How do you know the gold is truly yours?
2. Can you physically see the gold you buy? Can you demand to see them?
3. How do you know the gold is pure gold with no impurities?
4. Who determine the gold that you buy is genuine?
5. Who determines the intrinsic value of the gold?

Any financial guru here care to enlighten this ignorant seamster?

You can if u buy physical gold bar or gold nugget

 

[superpower]

Just like u go bank to deposit your monies...

Who determine the value of your fiat paper?

Buy physical gold from banks like UOB. You can sell it back to the bank if you need to liquidate.
In the long term, gold is still the best hedge against inflation and falling equity markets.

 

[k1976]

Buy physical gold from banks like UOB. You can sell it back to the bank if you need to liquidate.
In the long term, gold is still the best hedge against inflation and falling equity markets.

Why u bijar lobang, boss?

 

[k1976]

You can if u buy physical gold bar or gold nugget

Bro Blackmondy sai paper gold paper gold De woh.... He seem dun think physical gold is a good idea de