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Showing posts with the label precious metals

Why Gold and Silver? Why Online Store?

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Are you first time gold and silver buyers? Why don't you invest in these popular metals? If you did so, you have had a wonderful investing experience after 2008 global financial crisis. But, do you really understand these metals? Were they really precious (especially now)? Traditionally, gold and silver were one form of exchange. Because of the invention of fiat money, they were being turned into some short of "back-up" currency , in case our fiat money system go burst. It's natural when things go wrong, gold and silver tends to appreciate in value. In other words, people hold precious metals to preserve the value of their assets. 3 Reasons Why Gold and Silver... Still hot in demand , especially by emerging affluent Chinese. Traditionally, Chinese loves gold. They bought it for events such as new born baby, new year, wedding and even funeral ceremony. Strengthening USD ??? Yes. It's a correct reason also. Why? Because of news that US going to stop QE3, USD is str...

Update: Gold Price Outlook (May 2013)

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Would you cut loss? Would you cost averaging? Or, would you accumulate at current level? These are a few questions from Gold investors since March 2013. What a difficult questions to answer... Here is our view on gold prices currently: Our answer is to cost averaging or accumulate now, and hold it at least until September 2013. Why? Let's read on... Lately, there is some good signs which favors gold prices in the short term: Federal Reserve chairman signaled records stimulus will continue until economy improves. Physical gold demand has surged after mid-April drops, especially from Asian consumers and central banks. US debt ceiling issue will be discussed again in September 2013, in which congressman will most likely to increase again, thus, printing more money. If you're a technical guy, then let's look at the chart above. A ' Double Bottom ' pattern was formed and gold prices may rebound very soon. It will be a gain of almost 8% if it surges towards 1,500 level....

Maybank Silver Investment Account

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After the successful launching of Gold Investment account, Maybank had come out with another innovative option for mass market --- Silver Investment Account . This would be part of its portfolio of precious materials being offered to consumers. Yes, Maybank was the 1st bank in Malaysia to offer a silver investment passbook account, allowing deposits and withdrawals in silver at a daily price in ringgit at any of its branches nationwide. How about the return? Of course, it all depend on the silver price fluctuations. For ease of recording and maintenance, all the transactions would be recorded in the customer's passbook . It's simple, transparent and affordable. More about "Silver Investment Account" Who can apply? Individuals aged 18 years and above Joint account - maximum 4 persons Key Features of Maybank Silver Investment Account: Benefits: A great way to increase the degree of portfolio diversification A better security against inflating economies It is convenient...