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 how to invest silver in malaysia

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bigwolf
post Sep 16 2011, 11:02 AM

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QUOTE(prophetjul @ Sep 16 2011, 10:33 AM)
Trade SLV or AGQ.......on the NYSE    biggrin.gif
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ah, a commodity trader notworthy.gif
bigwolf
post Sep 16 2011, 11:21 AM

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QUOTE(SGKSY @ Sep 16 2011, 11:12 AM)
if your real intention is to accumulate silver at as much as possible at low price, why tell people you are accumulating? Those big boys in stock market got announce to public what they are buying ? They eat meat, we can only drink soup.
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correct me if i'm wrong but i think banks, being financial institutions, are required by law to disclose their holdings & investments?
bigwolf
post Sep 20 2011, 01:00 PM

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QUOTE(chef @ Sep 20 2011, 10:22 AM)
Aiyo, Silver bars only lah, only stupid robber will consider robbing us and carry all those silver around, so heavy.

But you might be right, some robbers are really dumb. Anyway, we need to set up the machine everytime we meet, so changing venue will cause a hassle to the provider. And if we set a time to meet, some of us may not make it during some of the time.

Well, let's see if I can organize a meet for all silver stacker here, then we will grow the number slowly.

chef
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But where to meet up leh? KL, PJ, JB, Perlis? If KL PJ area I can drop by la, meet up fellow stackers & maybe do some trading icon_rolleyes.gif

Need to meet up somewhere with lots of ppl yet quiet enough.
bigwolf
post Sep 22 2011, 11:06 PM

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QUOTE(SGKSY @ Sep 22 2011, 10:59 PM)
actually quite sorry to cancel a sale even no deposit received. but my purpose to sell is to replace coins with bars. if exchange rate not favour to me,  end up selling low , buying high.
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can you explain why you want to replace coins to bars?
bigwolf
post Sep 23 2011, 01:07 AM

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QUOTE(chef @ Sep 23 2011, 12:42 AM)
Hey guys,

I saw some uncirculated coins specimen, what does it mean? does it mean they are not the normal production coins? not proof or what? Example uncirculated panda 2008 specimen. what it mean?

chef
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Uncirculated coin = Mint state. Untouched, just like the day it got minted smile.gif
bigwolf
post Sep 25 2011, 11:26 PM

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QUOTE(cruzzie73 @ Sep 25 2011, 11:13 PM)
Guys, what you think the price will go tomorrow when the market reopens?

I have a feeling that it will rebound tomorrow before deciding on whether to continue its down fall to challenge next support @ 27.8 or stay above the support at 31.0.
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Options expiry on tuesday ler. I'd be careful not to simply rush in monday
bigwolf
post Sep 26 2011, 12:22 AM

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Certainly looks interesting but is it real or over-exaggeration?

http://www.youtube.com/watch?v=Qtp1i-z4AEY&feature=related
bigwolf
post Sep 26 2011, 08:05 PM

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QUOTE(chef @ Sep 25 2011, 11:43 PM)

Yup, monday very exciting time. It will be interesting to see if it rebound on profit taking or slide down on panick selling.

I also think can buy a little now, tomorrow slide some more, stablize, buy a little more. If it goes up, then hold on to your investment and find the right time to sell.

At least we will not say "Aiya if I know early sunday price is the lowest, I will buy more or at least some" so doing a little every time it rest at a new low price, we can at least say "lucky I buy some, now those are profiting already"

my 2 oz worth. smile.gif

chef

So you bought any silver lately? or concentrating main on gold?
thinking of ordering online some silver but i'll see the price later tonite or tomorrow. i'm invested in both silver n gold although gold is paper gold la. today hv to do something so no online access but also cannot tahan hv to check the gold/silver price using my h/p that has no dataline package laugh.gif

if by tomorrow raise beyond 30, i think i'll not buy oledi, what u think?

bigwolf
post Sep 26 2011, 10:31 PM

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QUOTE(chef @ Sep 26 2011, 08:45 PM)
If it is above USD 30, then hang around and see where it goes next, if it stays at USD 30 for the whole week, it means people are coming back into long position.

But I still think it will go down a little more, next few days will be interesting to watch and see who among us all manage to catch the right price at it's bottom. 1 copper coin to the winner!! smile.gif    next time we organise a competition and I will donate 1 silver coin as first prize. biggrin.gif

chef
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i've bought some silver at spot 40, so unless it drops to 20 or below, no point to buy at around spot 30 coz the cost average is not much. i think you'll get to keep the copper coin laugh.gif
bigwolf
post Sep 26 2011, 11:11 PM

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QUOTE(abusyahmi @ Sep 26 2011, 11:07 PM)
I'm just a small fish..cant afford to buy ever time dip, only able to buy 5 Ozt ever month..so if the dip is too deep and long way to recover. I need to change the game play because my short term target is 6 months, my mid is 1 year and long for 2 years. If the recovery take ages is better for me to cool off for a while.
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if in doubt, wait n see. better to earn less than rush in n lose right? smile.gif
bigwolf
post Sep 28 2011, 10:22 PM

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QUOTE(marcusboy @ Sep 28 2011, 10:02 PM)
Need advice from all you sighs. Do you think it is worth investing in 1 kg silver dragon since it is close to impossible to buy the 1 oz. What do you think is a good price for the 1 kg dragon?

I bought 1 oz maple that comes in a plastic sheet like those gold coins. Is it ok to keep them like that?

Thanks for the advice.
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depends where u buy oh. if from reputable dealer and got cert, can consider la. otherwise very dangerous coz 1kg silver is big and easy to fraud (tungsten in the middle). 1oz is popular coz numerous and hard to fraud
bigwolf
post Sep 30 2011, 04:51 PM

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QUOTE(chef @ Sep 30 2011, 04:45 PM)
Anyway, if the price keeps going up, we will hear alot of "my fren bought silver at cheap price, my fren buy gold at lowest price" Let's not envy them, we are still at the low point of the spot price.

Imagine, if the price go to USD 26 and USD exchange rate becomes 3.00, then you will be able to buy lower than him!! Today 1stopgold silver is RM 3.6k still cheap, two weeks back it was selling RM 4.6k so buy now and you are still a winner... smile.gif

Hey hey!! you are guessing my price too... so does it mean we will share the roti canai and teh tarik if the price goes to USD 29? biggrin.gif

chef

If we are right, I buy you 2 canai and 2 extra large teh tarik. smile.gif
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i'm still looking at 28 or lower to load up the stock brows.gif

if i lose, both roti canai & teh tarik/soya bean on me lor rclxms.gif
bigwolf
post Sep 30 2011, 07:28 PM

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QUOTE(SGKSY @ Sep 30 2011, 06:37 PM)
nobody can time the bottom. Just plan and buy in every dip to average down your cost. If the price doesn't go down and shot up instead, you won't never buy it.


Added on September 30, 2011, 6:45 pm
Chunyen, not many people join your contest leh, How about like this, whoever can predict the price EXACTLY, (refer to saturday morning closing price of this website http://silverprice.org/), I sponsor one ASE 2011 with airtite for the prize.
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drool.gif

26.82
bigwolf
post Sep 30 2011, 07:40 PM

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for exact figure its high probability sgksy will keep his ase. if we're just looking at pos within 32.00 - 28.00 range, its already like 1 in 400.

but to be fair la, 1 airtite ase... drool.gif

This post has been edited by bigwolf: Sep 30 2011, 07:40 PM

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