If you are a long time follower of mine, you may remember that I first touched on gold back in 2012 in my article titled Investment Wealth Retirement. In this said article I showed you the two charts below where gold hit a new peak sometime before 2012 – USD1800 per oz or RM5500 per oz.

Below was my comments back in 2012:

Well, I don’t know much about investing in gold except that it was USD800/oz in 1980 and by 1983 it dropped to USD300/oz. I also buy gold for my wife and myself but not for investment but because we like it.  And we won’t be selling the gold we/I bought for money as the gold we have carries sentimental value. My wife and myself would most probably past it on to our next generation with the hope that they will pass it on through the generations, I guess that’s what the financial people term as Preservation of Wealth (not really, I am just kidding on the term) haha.

BUT I WANT YOU TO LOOK AT THE TWO CHARTS ABOVE AGAIN and if you see carefully you will note that (1) from the USD Gold Chart, gold price peaked prior to 2012 and dropped until 2016; however (2) for the MYR Gold Chart, gold price also peaked prior to 2012 but started to increase from late 2014 because that was when Ringgit started to weaken and Gold is traded in USD! See the new combined chart below:

Therefore, the price of gold in Ringgit is subjected to FOREX too! If MYR strengthen and gold spot rate which is traded in USD drops, then the decreased in gold price in terms of Ringgit will be more and vice-versa.

Detour a bit – because the Ringgit has strengthen a bit last year, some luxury products’ prices in Malaysia (being sold at MYR) and even Online (where most prices are converted to local currency) has dropped but not necessarily in other countries/foreign currencies. And because our Ringgit has strengthen versus some other currencies, it may be even cheaper to buy luxury goods overseas! As such if the 10% Sales Tax is introduced in Malaysia, many luxury brands will be affected and don’t be surprise many of them close shops and will lead to the malls in KL empty which means more people will be unemployed!

Well it is now the year of 2025, 14 years since I first published an article where I touched on Gold investment. Time flies…. in a blink of an eye our Ringgit has weakened and gold price in USD have increased thus the gold we bought prior to 2012 is now worth double!

As for the gold jewellery my wife and I bought back in the 90s, the price has appreciated more than 500%!!!

Below chart was also published previously in one of my articles where it showed gold price per gram was about RM200 in 2020.

Below chart shows the price of gold as of 4th February 2025 – above RM400 per gram!

In respect to the above, what I am trying to tell you is:

1. Gold price fluctuates – i.e. my earlier comment, “it was USD800/oz in 1980 and by 1983 it dropped to USD300/oz”. It then peaked at about RM220/g around 2012 and then fluctuated to as low RM130/g from 2013 to 2015 and only went above RM220/g in 2019.
2. How much money you make in % depends on when you bought the gold and when you sold it (if you never sell the gold than it means nothing as you take nothing with you to the grave unless you were smart enough to buy gold jewellery and wear it to shiok sendiri). After you die, only the person who inherited your gold gets to shiok sendiri…….
3. Having said the above, the long term trend is that the price of gold keep increasing and today it is above RM400 per gram!

I tell you, young people nowadays will tell you that they like white gold which to me is pure burning money. I tell you, years ago when my 2 daughters were in their teens they refused yellow gold jewellery and thus I had to stupidly burn my hard earned money on white gold.

Today, I will never buy any jewellery that has even a touch of white gold but only buy pure yellow gold and that includes Tiffany and VCA for my girls. Yah I know it is stupid to burn my money on Tiffany and VCA in terms of the price I pay versus the weight of gold but as long as it is yellow gold I will consider because in time of chaos that little bit of gold can be exchanged for food!

Another reason why I insist that my children and I wear gold is because in the event of emergency we can just walk into any pawn shop anywhere on earth to get cash!

Now, some people are afraid of getting robbed if they wear gold…. well if you know that the place you are going to is not safe, why the heck are you going there in the first place? If there’s really no choice and you must go to an unsafe place, I guess wearing a gold necklace is safer as you can hide it under your clothing. I have been wearing the same dragon gold pendant my youngest uncle gave me before I was 18 years old…. i.e. close to 40 years! And if someone really robs you, it means that that person is desperate and you are better off, so just give the damn gold jewellery you are wearing to the robber and consider it as charity work as you will gain positive karma points….. not joking here.

Having said the above, not everyone was brainwashed/trained to buy gold by their parents especially grand parents who have experienced war. Today’s generations, i.e. GenX, GenY, GenZ and the new Generation Alpha in Malaysia are damn lucky as we never experienced war and thus our family assets have been growing over time (especially those who are educated which is the best wealth preservation method) because of man made inflation.

Most GenX, GenY and GenZ (Generation Alpha are still considered babies) have been brainwashed that money is the most important thing but in actual fact it is the root cause of all problems. Therefore, most of these people are greedy/chasing for endless amounts of money or material stuff (bigger car, bigger house, luxury goods and etc) and induce stress for themselves. The fact is we are born with nothing and we go to the grave with nothing!

All that matters is our experience on planet earth which we are blessed in a temporary physical form to learn so that our soul can level up. I guess 99% of you reading this will think I am nuts, hahahaha. But if you really think about it… all we need to do to stay alive is eat, shit and sleep – all these said 3 actions are essential and everything else is just to waste time (or maybe a better choice of words are to experience life and learn) between these 3 essential actions.

In respect to the above, most of you do not understand the above until you are about to die…. but before we reach that event when you will be leaving your physical body, most of you are chasing after wealth and one of the questions is should you buy gold, hahahaha.

So this article is about how to buy gold to shiok sendiri, it can be either in the form of wearing the gold jewellery or seeing the gold you have worth more over time or both.

Click on the button to Page 2 below to read Wearing Gold Jewellery: