if in doubt, wait n see. better to earn less than rush in n lose right?

1stopgold no longer want to pick up call it seems...

This post has been edited by property101: Sep 27 2011, 09:30 AM

Hahaha, go to their shop and see if they're open.

bouncing back at 31.20... is it going to last this time ??

Kudos to Public Gold. They are operating as usual (at least their website). Seems yesterday most probably their server was overloaded.

Maybe we should put on the first page which dealer is only interested in making money but not genuinely doing business.

They only sell/buy when they make profit, but just closed shop when situation reversed.

Yesterday/last week was a very good test case.

Not like gold, silver price in Malaysia, in my opinion, subjected to seller/buyer mercy and can be up to 50% spread.

p/s: i am not pg dealer, just a small investor.

This post has been edited by OneBuck: Sep 27 2011, 11:05 AM

If seller run out of stock, what to do?
You willing to wait 2 weeks for imported goods to arrive or not?
You willing to wait 2 weeks to know if got 15% tax added to price or not?

Last time when i called my office supplier, they PICK-UP the phone and tell me they are out of stock, shouldn't they do the same?

Yup. Thought of reloading Silver, but no pick up when i call again today.

silverformalaysia homepage is updated regularly.
still selling as usual despite making loss.
manage to buy some last weekend.

p.s i am just a satisfied customer, not related at all.

most of the sellers are shocked with the price drop and most of them cannot sustain the losses. that's why we heard server problem/overload, closed shops, unanswered calls and so on...

if im one of those sellers i'll also do the same. its a normal nature in doing business, people doesnt want to make loss when they know silver has the potential to go up again really soon.

but as buyers, this is the time where we should seek other avenues such as trying to find overseas suppliers who sells at a much lower price. organizing a group buy is also a feasible.

be frank i found 1stopgold is not pleasant to deal with - after buying 3 bars from them.
i got attracted to them initially because they provide among the lowest spread and their bars are reputable with certificate.
unfortunately the dealing experience with them is so unpleasant that i do not find exciting to deal with them anymore.

i have now switch to mysmartgold. at this stage of dealing, i find it more than acceptable, lets call it satisfied to deal with mysmartgold.

what do you all think the reasonable price (including tax) of 1oz dragon in Malaysia if the selling price oversea is USD99.99?

i would pay for rm360-380

wow!!! as expensive as the 2oz....
willing buyer, willing seller

your price may be lower than the cost to bring the coin into Malaysia, haha.

yeah, i know. but 1oz dragon at the price of 2oz dragon is the max i would pay.
if higher, might as well forget it and get the 2oz instead.

that'why i said 2oz will be very hot. cos 1/2 costs around 120, 4*1/2 oz = 2oz = rm 480.
1oz is the most expensive one.

the price of 2oz is still reasonable. i still got 10 pcs available. if not people wants this week, then i might not sell next week.

you mean the lunar dragon year 2012 from australia? i have 5 pcs of em, 2oz each. But i wonder why 1oz is almost same price with 2oz

1oz silver only got 300,000 pieces in market. very high demand, but very limited mints.
other coins are unlimited, but currently the Perth Mint are suspending their production due to overwhelming demand which they cant cope.

if the price stay at this 25-35 level, the demand will be even more. perth mint might increase the premium further.