tag:blogger.com,1999:blog-5222663171691806565.post6243699055776524630..comments2024-01-23T18:48:55.921+08:00Comments on Malaysia Personal Finance: Is Gold Pawning ALL BAD ?Mt.http://www.blogger.com/profile/11182268410762882679noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5222663171691806565.post-3441011783823919702009-11-06T20:23:43.820+08:002009-11-06T20:23:43.820+08:00you have the fundamentals right. However, Gold Pa...you have the fundamentals right. However, Gold Pawn is a slightly different scenario where the pawn price follows market price, not any gold ornaments but pure gold only.<br /><br />And yes, there are REALLY people who live on gold pawn itself. Gold pawning to help on cash flow as you mention is one common way. There are also people who actually earn money by teaching people how to 'invest' by pawning gold. These people are so real that they complained about my previous article affecting their 'sales' ... unfortunately previous article is mathematically correct so I can't simply take off that article and instead write this one to site on their stories ... there is a PRO and CON in every method and perhaps this is one good example.Mt.https://www.blogger.com/profile/11182268410762882679noreply@blogger.comtag:blogger.com,1999:blog-5222663171691806565.post-35910284428222288902009-11-05T15:37:45.329+08:002009-11-05T15:37:45.329+08:00I dont quite get it. I heard of Gold as investment...I dont quite get it. I heard of Gold as investment, but not pawn. I thou when one go to pawn simply means he is shortage of cash? U mean there are ppl doing it as an investment? How exactly can one earn by doing so?<br /><br />Pawn a piece of gold in x value, get it back when gold price drop or rise? also not make sense at all?<br /><br />I thou when one pawn, prices is fixed before the deal?Anonymousnoreply@blogger.com