Buy Canadian Maple Leaf and Australian Nugget physical gold coin. You can feel and caress it but not Gold Paper Unit Trust.
Noted here is AmPrecious Metal Fund launched 15 November 2007 at RM1.00/unit when International Gold price USD794/oz
When gold price peak on 15 Sep 2011 @ USD1,921/oz,manager price is at RM1.15 (a mere 0.15 ct gain for gold gain of USD1,127/oz)
When gold price crash to USD1,322/oz on 19 April 2013,the fund dive down to low of RM0.400.(investor loss of 0.60 ct but on paper manager still gain USD528/oz)
Gold is crashing again!!now USD1,394.35 down USD30.15 Chicago Time That's near the level where all the Asian folks jump in to sapu recently. The worst is yet to come near USD1,000
Crude Oil:USD92.352(-USD1.86),Gold USD1,392.65 (-31.85) @15:06 Chicago Time. AmPreciuos Metal Fund=0.439 cents.(gold shoot up,this fund didn't move in tandem,ridiculous.I'm watching you.)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hw0706
834 posts
Posted by hw0706 > 2013-04-25 21:23 | Report Abuse
net invest your money in gold unit trust. better buy physical gold. the only problem how to store it.