Wednesday, November 4, 2009

How to buy physical gold?

ok, todei we tok Landen lah....ken or kenot?

as my earlier posting about physical gold, sure some of you might be thinking or even talk to themself..."hey,how to buy this physical gold?" "how much does it cost?" "i like to buy, but don't have money" etc. etc. Bear with me...i will share it with you, because sharing is caring :)

FYI, Public Fine Gold International Sdn Bhd with his sister company Public Dinar Sdn Bhd are the 1st Locally-Manufactured Certified Gold Bullion Bar by Malaysia Book of Records on 18th Oct 2008. The main office is in Lebuh Bishop Penang. But with their agent which located at various location nationwide, getting the PG bar is as easier a phone call away. All agent (it's me laa) will be glad to send the gold directly to you.

The price is fix as at time of viewing on their website:
- www.publicgold.com.my
- www.publicdinar.com

Or you can text [public gold] or [public dinar] to 32828 to get the latest price via mobile.

This price is about 5-7% bit more than global price demand as to take into consideration of moulding, administration, commission, etc. etc., but still it's the cheapest gold bar you can find in Malaysia. If you can find any other gold which is cheaper than PG, then go for it...as mentioned on my earlier post, in Malaysia itself have a lot of gold bar product or brand. It just a matter of stock availability, pricing and convenience...

In PG, you can get the gold at any given time even when the office has closed. Our agent (me again) will get in touch as soon as possible. Lock the price, bank in the money to my bank account as provided...and the gold will be delivered to you at your doorstep.

Wait a minute, "bank payment to your account??? i didn't even know you! How to trust???" Well, if you didn't trust me, it's ok...you can bank it directly to the PG company account...once confirm we will deliver the gold to you...just DO NOT LOSE the bank in slip...if not, hmmm the money goes to charity lorr....

Wait a minute again..."bank in to PG's bank account? i didn't trust this company laa.." Well, nothing much i can say about this, but sctually you can still buy it directly at their HQ in Penang or their branch in Sunway, PJ. But plz ensure to lock the price first. Once locked, you have the time before the office is close to made a payment, if not the price will be null.


How to ensure my gold authenticity? is it really 916 or 999? is it really 20g or less? well, you can have your gold tested at the outlet with the density test machine. This machine can test any precious metal such as silver, gold or platinum with the maximum weigth at 3kg. Some bank especially with arrahnu facility, may have the reading up to 1kg only.

If you still didn't trust PG machine (dowh...), you can have your gold tested at any arrahnu outlet or pawnshop...hehehe

No cash to buy? you can pay by credit card (3% surcharge), or even pay in installment for 4 times with ZERO interest!!! Your gold will be kept by PG until you made the final payment. The best of this feature is, the price is locked at the time of purchase and if you want to sell back the gold to PG after the price has increase, PG will buy it back with the current price, so you still can make a passive income out of it.

Ok let's try to calculate:
-let say...on 3/10/09 100gram PG selling price is= RM11987; buying= RM11388, pay in 4 times meaning monthly you only pay RM2996.75...right?
-today 4/11/09 the price has gone up to RM12930 (sell)/ RM12303 (buy), so if you sell the gold back to any PG agent or even to PG itslef, they will use the "buy" price, in this case RM12303
-you bought the gold on 3/10/09 at RM11987 and sell it on 4/11/09 at RM12303, so nett profit is RM316 of which you only paid RM2996.75 to PG. So 10% profit in 1 month!!!
- 2 teknik amat tak sesuai dilakukan bagi umat Islam, sebab hukumnya haram beli emas dlm keadaan tertangguh
(edited on 08/11/09)

Lock your Wealth, buy GOLD now

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