Reach 43 just now. broke d resistance level aldy?

Ahh, bringing out the technical charts now are we? hehe
If a person can be right about the market 95% of the time, they DO NOT need to be working for banks as fund managers.
They should be home trading for themselves and earning 100% of the gain from the market.
And trust me, I know a lot..and I mean a lot of people who can win at least 20 times consecutively in spot trading.
If you can be earning money by yourself, why bother earning it for others and get 0.0001% of their profits as salary?
Think about that 

Anyway, aiming at USD 47-50 level because of what happened in May 2, 2011 at USD 49, right?
Me too 

frankly advice,  do not learn from gurus...  they are name as gurus because their main purposes is selling things or promoting their strategy & methodology.. The right person is learn from traders! 

base on current Gold rate USD1850, i my target for Silver would be USD47...  but first i am looking at 43.50, 44.50..
this coming week, i foresee that silver might retest at 40.30-41.50.  good luck!

Hello guys.

Can i buy 1 or 2 oz of silver every month. or u guys recommend i keep some money then buy in a bulk?

come on! it should have some pull back within these few days >.< i still wanna buy more cheap silver!
looking at current spike, is silver price manipulation over?

I am planning to bring in some Scottsdale bars, just pending few more friends to confirm their order. If you wish to order, PM me your quantities. The price is going to be very good but cannot confirm until that few friends confirm their orders. Tentatively tomorrow evening (23/8) we will confirm all orders and get the price confirmed too.

But due to good demand, delivery lead time is expected to be 2-3 weeks. If we get a few orders from this forum, then we can make one date and gather at one place for collection once the goods arrived. Then we can have an informal gathering to get to know each other in person, face-to-face.

Cheers

To me, I think its kinda unfair to the someone(be it dealers or pure investors) who help everyone organize this bulk purchase.
Just a scenario, if the bulk purchase is 500oz and we get it at RM150/oz.
Total price will be RM75,000 and 10% deposit will only be RM7,500.
Means the person who helps everyone has to foot out RM67,500 without getting a single sen out of the rest?
Even if everyone is willing to pay a little extra(I don't think it will be a lot) it is still a risky transaction as the kind person has to foot out 90% for everyone first.
It would be fair if everyone pays the person who organize this whole thing in full before placing the order.

I don't mean to offend anyone here 

Sound a good idea but human being are difficult species to deal with.
In the past I have ask b4 to co-sharing of bullion purchase, nobody responded. that how i end up as a dealer.

how about this:
1. we identify one supplier who is willing to work with us on tiering system
You can't identify only one supplier because you need to compare price and service. But maybe you can ask forumers around which supplier they have deal with and who they recommend. That'll save you lots of time to compare price as well as getting a recommended seller.
yes, of course, the "identifying" process would include comparing service and price. for the member who is also supplier here, anyone would like to propose your quotation? we will have a mini survey on your service

2. we open the floor for everyone to tell how much each person wants to buy, for example i might wan 10oz while another member only want 1oz. add up this amount
3. set a cut off date for this ordering
4. give the list of member and quantity to supplier. supplier is responsible to deal with every member private with the group purchase price

two issues we need to solve here:
1. how to avoid member ffk that might upset supplier?
Ask for some monthly regular buyers. Those will less likely FFK.
nice, so the deposit will be directly given to supplier i assume.

2. how to determine the spot price as different member might have difference preference on the "buying" time
Do it on weekends when spot market is close.
feel free to refine these

Hi everyone, im a local supplier of gold and silver bar & coin..i supply in couple of ounces and also in bulk..The price i offer is cheaper than the market price..pm me if u r interested..

Hi all, regarding the tier system bulk purchase, I have work out an Excel sheet for the plan.
This Excel sheet would capture the seller's details and the details of the products (obviously is silver in this case). The seller might be providing 1oz bar, 5 oz bar, 10oz bar, coins, tube of coin, Dirham etc. Whatever the seller is providing, just list down into the Excel file. Then seller should send the file back to me. I would later compile a list of seller and get feedback from the members here on their service or a review of the seller basically.
We might consider appointing 2-3 supplier, we use their service on a rotation basis, as I believe there are many people also are consistently buying silver like every month. Therefore there wouldn't be any seller 'monopolize' our forum market and while the first seller is busy handling the first round of bulk buying, the second seller can come in to take care of the second round of bulk buying.
Below are some screen shot of the Excel sheet I mentioned. I'm sure it can be further refined, but let's get this rolling:
[attachmentid=2404605]
[attachmentid=2404606]

Seller if you are interested to work with us, please fill in the form and I will keep the members updated. Here is the Excel file:
[attachmentid=2404609]

Thank you very much!

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Added on August 25, 2011, 2:33 amAgain, basically this is how things would work
1. Identify sellers
2. Sellers give tier system quotation
3. Set a cut off date for bulk purchase
4. Buyers start placing order (understanding that the price might be differ due to not enough buyer to reach seller's tier price). Place 10% deposit at this point.
5. On cut off date, calculate total order. Confirm the price.
6. Seller close deal with buyer privately.

hmmmm.. i would not suggest to do anything today cause i am looking for consolidate or a little downward to end the bearish momentum...
Silver may or may not retest lower target, USD37.50-USD38.50.
Top side potential USD45-46 next month!
I would advised to pay intention to Gold too. Opportunity from the drop!
Strong support at USD1720-35...  best wishes! 

Hi, i'm new to silver investing but have some paper gold.

I usually see gold price (i think for silver too) drops when the stocks goes up.
So i'm waiting for that to happen maybe next month or when QE3 if there is one is announced.

++1, exactly, that was my reply here long long time ago. No need to think, just get from 1stop gold, n yet some newbies keep on asking n asking again 

chef,

PAMP gold bar?  look no further....1stopgold as well     

sometime i also hesitate to mention 1stopgold too often as it will sounds like advertising for them but they are the best place to get PAMP Suisse for gold and silver la.... I have surveyed every corner liao!

any of you buy from 1stopgold before?

i heard we need some kind of form contains our personal information. is that true?

guys, this forum is for silver investment la ... not gold investment ! 

@chef
As someone already suggest, we buy to keep as hedge for inflation. Use money you can do without, not your emergency cash.