Back to Malaysia, the gold price still good in position due to some help from currency exchange. Up to date the Public Bank gold price is as below
Gold Investment Account as at 18/06/09 11:50 AM
| Selling Price | Buying Price |
1 gram | RM 109.1700 | RM 104.9300 |
I want to share some idea about gold investment, the single most important principle in investing is always invest with, and never against, the primary trend. By primary trend I mean the 5 to 10 year general up ("bull market") or down ("bear market") trend. Never buck the primary trend -- never.
That rule means you must not buy stocks denominated investments, because stocks is locked in bear trends that will continue at least until 2010.
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