If the Fiat currency world ends, Gold can get you BIG & EXPENSIVE ITEMS like property, cars ...etc. But what about small items ? we would have to leave it to silver

For example,
In the ancient times in china, gold and silver has been used as a currency as well ... i guess the concept it's the same.

I agree with you. I prefer collecting the same type of bars in certain quantity. Like 100oz of morgan bars then only move on to another 100oz of scottsdale bars ... and so on

I feel good by seeing my collection in a big volume

seems like many ppl promoting silverformalaysia.com now ... i just browse it and saw this promo ...

http://www.silverformalaysia.com/p/hot-promo.html


Doesn't quite applicable for me as I normally buy tube ... maybe some of you might like it

it's hitting USD41 again ...

but compared the the movement of gold, it still very much lagging behind

Somehow for silver we need to be patience ... It could possibly a good progress that it hikes up steadily rather than repeating the nightmare of USD 49 dip straight down to USD33

See my reply in blue.

This post has been edited by magpie9: Aug 24 2011, 08:09 AM

Guys,

Check out the below link. It shows the release date of Perth Mint Bullions coins.

Australian Kookaburra Silver Bullion Coins : each October
Australian Koala Silver Bullion Coins : each November
Australian Lunar Silver Bullion Coin Series : each September

Perth Mint Silver Coins Release Date

Lunar dragon for sure will be a big hit. Get as many as you can afford because you'll make big buck with it in a year or two!

This post has been edited by magpie9: Aug 30 2011, 12:22 AM

no one knows when PM price will be up or down. I have been buying monthly and averaging up ... or i buy when there's a huge dip in price ... i'm looking to collect until 800 - 1000oz of silver in 3 years time and wait for it to go till USD80

Then i'll sell half for profit and keep half of it for long term ...

i think when you want to invest in something, you need to be confident with the product, especially a product like silver that has no expiry date at all

It's a good thing that we have another market for silver.

- Investor's market
- Collector's market

Eventually the collector might become the biggest investor as well because the collections might provide better ROI.

Silver market in malaysia will BOOM once the price hit USD 60 and above. Currently I'm seeing more and more ppl looking into it and researching about it.

Do you mind telling how much is the shipping and insurance costs from gainesville?

---

Added on September 5, 2011, 2:55 pmDo not forget the 7% is in S'pore dollar.

If you convert 15% in RM could be cheaper.

This post has been edited by magpie9: Sep 5 2011, 02:55 PM

It's a wildlife series of 6. If you're able to collect all 6 in this 3 years then it'll be very a cool investment.

Have you got the wolf and grizzly?

https://www.cimbclicks.com.my/TIBSEPWeb/onl...004510917822185


Perth Mint 1 oz Rabbit Silver Bullion Coin - Gilded Edition

Price : RM 488.00

Product Description :
The Gilded Edition from the Australian Lunar Silver Coin Series II depicts the rabbit, the fourth of the twelve animals associated with the ancient Chinese Lunar Calendar. The coin’s reverse depicts an adult rabbit and a young rabbit which have been selectively glided in 24-carat gold. The rabbits are surrounded by foliage and a tree with creepers entwined in its branches. The year of the Rabbit Gilded Edition coin is housed in a red and black display case and an illustrated shipper.

Limited Mintage
The Perth Mint will release no more than 50,000 of the 1oz Gilded Edition coins celebrating the 2011 Year of the Rabbit.

Specification: 1 Ounce Pure Silver 99.9%
Face value: AUD 1
Weight: 31.135g
Maximum Diameter : 45.60mm
Maximum Thickness: 2.60mm
* Selling price inclusive shipping & insurance

Distributed by MyNET Capital Sdn. Bhd.

if you notice the distributor, that is actually AURUMA. They must have paid a lot for the integration with cimbclicks

This post has been edited by magpie9: Sep 6 2011, 05:35 PM

Let me know if you can find some cheap ones

Most sites are selling around RM250 for wolf and RM190 for grizzly (inclusive of tax). I should have got more 6 months back

are you a reseller ? any website we can refer to?

Kook 2012 and Panda 2012 should be a big hit and we will not be getting it at a low rate as people has start to notice the collector's value in it.

From what I know, currently kook 2012 is running at RM 175 - RM 185 in the market.

Do you think that's a good price?

silver spot still can't stable down ... hovering between USD 39 - 40 ...

seems like some manipulation is going on for the price ... I think it's quite a good price to buy now ...

I check with a few suppliers for some explanation. Mostly replied with the USD index that is going up and they can't cope with it because most transactions is in USD. Which i think it's quite reasonable as 2 weeks back the rate was only +- 3.0 but now is +-3.2

I do not think the spot will drop below USD32. So i'll probably start buying again when it goes to 33.xx (that's what technical chart is showing currently) ... hopefully it does go to that ...

It looks like some manipulation is going on and some party are pushing down the gold and silver price. Not to forget that global market is sliding down like no one business and gold and silver margin traders are on for profit taking to cover losses in share market ...

After the Fed Reserve conference and with the oncoming euro crisis, price should be able to bounce back ...

I'm looking at silver to move to USD40 by end of the year and gold at USD1850.

Now we waiting for USD26 ??

Now USD26.5

waiting for USD 25 ... lol

lol ...

buying if it drop every USD3 to average up ... is that a good idea ?