in my opinion, if you want to make money in silver short terms, don't go physical. yeah i know, everyone will be telling you to go physical and no paper silver.

but the problem with physical silver in the short term is, you can't liquidate it fast enuf. with paper silver, you can convert it back to money much faster. buy it low today, and if it shoots up in the next few days, liquidate ur paper silver and lock in the gains. but problem is, there isn't any paper silver in malaysia and for paper gold, the spread is too wide.

benedict1213 ... i understand how you feel. when the price of silver was rising a few months back, all the seller will be changing their price upwards by the minutes, saying cost is high, price is high, silver is in bull ... but when silver is tumbling down now, they give you another reasons.

anyway, i am not looking for sellers, they have their ways of getting their stocks. i just plan to get some silver from company oversea and see if there's any buyer or investor who are willing to pool in and share the shipping cost. on average, it is still cheaper than most sellers is selling in malaysia, including tax.

Hai all the experience investors out there,

After reading all the posts in the topis, I have some questions regard to sliver investment.

1) Since there is so many types of sliver out there, which one is the most liquid and reliable one?
Most easy to sell is 1 oz sunshine bar, most likeable one is Silver Eagle and Silver Maple. normally people won;t buy
a lot due to price. that why I sell bars mostly.

2) In malaysia, where and how should we buy physical sliver (reliable source).
No company is selling right now. Just a few seller at ebay and other website.
For PAMP U can go to 1stop gold and but there.

3)As i knw, sliver dont come with certificate, how do u guys knw the sliver u get is not a fake one?
Just buy from reliable source and reliable brand will do.

I knw that there are some posts answered some of the questions, but there are some confusion since some posts are debating....

thanks is advance if anyone answer my questions....

You can get paper Silver in Singapore. Just make a trip down south

Buying silver now is absolutely out of your mind like trying to catch a falling knive. The daily chart of uptrend now become downtrend already. You're better off sell the rally of it. Even you want to buy, atleast wait until tonight US NFP news release first only decide. Wait until you see a daily close higher than it's open. If USD is strengthen again from that report, you can pretty much see it fall til $31.25/$28.13. By then, the big boys financial institution will step in and defend that price.

Anyway, it's your money your call. If you don't have a clue what i'm talking about, you are pretty much belong to the 95% of the losing investor. Invest by just holding and dont know how to exit when the price tells you in front of your chart is just suicide mission to me.

Well U can join forces! may the force be with U. I tried b4, but nobody want to share with me 2 yrs back. So I quit and startup silvermalaysia at ebay, sell at higher price lah. One thing to remember "Prisoner dillemma" ok.
In case, you can find anyone to co-share, then U can always email me and work out a deal for pre-order.

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Added on May 7, 2011, 9:24 am

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Added on May 7, 2011, 9:29 am

Since it is in SG, you need to consider the forex and the time spent there.
U can only do it over the counter.

http://silvermalaysia.blogspot.com/2011/04...pm-trading.html

first thing you need to ask yourself, why would you want to invest in silver?

1. how liquid is silver depends on how fast you can find a buyer. paper silver is liquid because you can always sell it back to bank at anytime. unless if the bank go kaput. physical silver is the safest since you hold it, but, if you have alot, where do you store it safely? so, pros and cons.

2. there are a number of sellers in malaysia, public gold, ebay, forumers, etc. but generally silver in malaysia are sold at a pretty high premium. but some sellers might sell it to you at a reasonable premium, just shop around. or just hope the correction continues for longer.

3. silver are just like gold. some comes with certs, some dont. those that comes with certs are even more expensive. usually only collectors go for silver with certs. investors just focus on buying silver with the lowest premium possible.

how do you know the silver is fake or not? you don't. unless you are willing to cut up each of you silver bar and get it to be assayed. which makes no sense. you can try all those fake test techniques but in the end, you never know for sure. the best you can do, find a trusted seller.

which is why, in my opinion, i try to buy from company that has at least some credibility. usually overseas or buy straight from the mint itself. it's not that i don't trust individual sellers like ebay-ers, forumers (i did buy some from them), but the problem is, i do not know where they get their silvers. they might not even know if it's fake to begin with. it's the same like buying cigarettes from a kedai runcit, the chances of it being fake is higher than compared to if you buy it from 7-11. there might still be fakes ciggies in 7-11 but less likely. so in the end, buy from someone you trust.

there are risks also when buying from overseas company, you might still get fake but the risk is lower since they are already in business for decades and people worldwide are buying from them and they usually disclose their sources (usually they distribute for mints). there is also the paying up-front part and the waiting period for the shipment. usually weeks.

compared to buying locally from individual, you get it within days, or immediately if you cod.

so in the end, it's all up to what you prefer. buy oversea, pay up-front and wait a few weeks BUT less risk on fakes and cheaper. OR buy locally and get your silver immediately but with a higher premium and you have to trust your seller.

Sharing some pictures of the recently concluded SG Coin Fair... 







Hope you enjoy the pics 

wooooh,  thanks for sharing, Aaronpang!  its look awesome! sad that i not from Singapore. ><

Cool, when will this type of event will come to Malaysia.

those ngc slabbed coins are really nice to hold and looked it. with the certificate and whatnot, but if you are thinking to resell it, you may want to avoid it.

this is a story i read somewhere, it is about a collector who is trying to sell his slabbed coins. he brought it to a reputable buyer and this is what the buyer said regarding the slabbed coins. "i am going to take a small pen knife and make a hole on the side and get the coin out, and then i'll throw it on the scale and pay you for its weight".

so, if you are planning to invest in silver, avoid slabbed coins. if you like the design and all and is planning to just buy 1 or 2, then go ahead.

for me, investing in silver or gold for that matter is basically for the long run. no exit strategy (except for paper gold/silver. you have to lock in ur gains).

buy physical silver, store it somewhere safe and then go on with ur life. make your money the way you are making it now. if you got extra money, buy some more silver. 5-10 years down the road, then you can slowly think about ur exit strategy. if you are planning to make money in silver in a year or a few months, i would suggest you go into stocks (tricubes anyone?). silver is not about making money, it is about preserving money.

in the end, the best way to preserve money is to make money faster than inflation. how? well, it's easy.
1. make more money today than you did yesterday.
2. the next day, repeat 1.

guys

kind new to the silver thingy .. i plan to buy around 15kg of silver . Source found , but still not sure if the right time to go in . Due fact on the price . Will it drop future ? Buy now or wait till it drop usd 30/oz

I oso not from Singapore    Flew there for day trip on Saturday and returned the same day.

Met a few regular Amcorp Mal traders including U.S Agency from Perak.

Reason I went to Singapore is to introduce my cousin to Coin Collecting.

We purchased his first album in Singapore and a bunch of silver coins.
Closest we have is MNS auctions or Amcorp Mall.

Malaysia coin museum also takde... Royal Malaysian mint dont have website or online order 

The nicest part of the coin fair is minting our own coin 

guys

kind new to the silver thingy .. i plan to buy around 15kg of silver . Source found , but still not sure if the right time to go in . Due fact on the price . Will it drop future ? Buy now or wait till it drop usd 30/oz

those ngc slabbed coins are really nice to hold and looked it. with the certificate and whatnot, but if you are thinking to resell it, you may want to avoid it.

this is a story i read somewhere, it is about a collector who is trying to sell his slabbed coins. he brought it to a reputable buyer and this is what the buyer said regarding the slabbed coins. "i am going to take a small pen knife and make a hole on the side and get the coin out, and then i'll throw it on the scale and pay you for its weight".

so, if you are planning to invest in silver, avoid slabbed coins. if you like the design and all and is planning to just buy 1 or 2, then go ahead.

for me, investing in silver or gold for that matter is basically for the long run. no exit strategy (except for paper gold/silver. you have to lock in ur gains).

buy physical silver, store it somewhere safe and then go on with ur life. make your money the way you are making it now. if you got extra money, buy some more silver. 5-10 years down the road, then you can slowly think about ur exit strategy. if you are planning to make money in silver in a year or a few months, i would suggest you go into stocks (tricubes anyone?). silver is not about making money, it is about preserving money.

in the end, the best way to preserve money is to make money faster than inflation. how? well, it's easy.
1. make more money today than you did yesterday.
2. the next day, repeat 1.

welcome Lycan,

hmmm.. personally, i do not recommended to trade Silver now or for this month of May.  I foresee Silver will retest lower..
Well, if you unsure and  , you can get some silver in different prices, different time..

hope this help.

average out your purchase over time, Since the latest RSI daily chart is about 50, it 's in the mid point. can buy some lah.
If U R investor, just buy some spread over a period of time then U will do well lah.

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Added on May 10, 2011, 8:53 amIf U 1 2 play slabbed coin, you must know which type of coin to buy. If you play the game well, the price can be 2-3x more than an un-slabbed coin.
3-10x more for old coin Straits Settlement QV 5cen, QV 50 cents, special rare coin 1903B dollar raised B.
Definitely not silver eagle, silver maple in slabbed coin or any other gold coin where few hundred thousand of coin are available in the market.

I.e. Straits Settlement Coin Slabbed. Panda Proof coin slabbed, silver panda 2000, any panda year. Lunar Dragon.

Slabing process ensure
a) the coin is real. Especially for old silver Panda (198x - 1999) , Straits settlement coin. You want to buy only real coin. so slabbing ensure authenticity.
b) Quality assurance. e.g. MS-68, MS-69 etc.

Hope this clarify some of your doubt.

How the games is played, well I guess U all including myself are too late in the game.
1st U must get hold of some rare coins which are easily available in the past, e.g. silver panda 2003, lunar dragon. some UNC straits QV coin etc.
Then get a whole bunch of these coin, select the best few have it slabbed (it's great if U R in USA).
Keep it a while 1-2 years, then sell.

Now the game is get a whole bunch of panda and lunar, get it slabbed every year. Stored it lah. Volume slabbing.
5 yrs down the road, sell .

For you all, when supplier sells U 2011 panda or Lunar Rabbit or Kooks slabbed, just buy a few keep it, then few years down the road sell it .
Hopes everything turn up well lah. but lot of people in the game already.

make $ faster than inflation. if you can do = inflation, then it considered good enuf. Just my view only.