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 how to invest silver in malaysia

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smokymcpot
post Sep 28 2011, 11:14 AM

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Looking for 1oz PAMP bar. COD at PJ hilton. PM me your bestest price smile.gif
property101
post Sep 28 2011, 11:45 AM

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anyone has directly buying from Oneasia Gold Mint? their office is in klang
they seem to have their own mintage with 3 characters OGM on the bar.

This post has been edited by property101: Sep 28 2011, 11:46 AM
sparekim1
post Sep 28 2011, 11:54 AM

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QUOTE(eehtsitna @ Sep 28 2011, 10:58 AM)
Guys,

I have read through a number of pages in this thread and managed to get a hold of the idea of investing silver. I consider the present as a good time to enter this trade but is there any place/seller that provide silver at the current rate? Most of the seller mentioned in the 58/59 page is still using the pre-dipped price.

Thanks in advance. biggrin.gif
*
Have you checked with www.silverstore.lot.my ?
I just bought some bars from them on Monday at post-dipped price.


Added on September 28, 2011, 11:59 am
QUOTE(Nidz @ Sep 28 2011, 11:07 AM)
have u tried GoldChan? brows.gif
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Goldchan, can you quote me an offer if I want to buy 10pcs of 1oz bars? What bars do you have? Can deliver by postage?

Do you foresee silver price to drop or move up from here?

This post has been edited by sparekim1: Sep 28 2011, 11:59 AM
OneBuck
post Sep 28 2011, 12:14 PM

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QUOTE(sparekim1 @ Sep 28 2011, 11:54 AM)
Have you checked with www.silverstore.lot.my ?
I just bought some bars from them on Monday at post-dipped price.


Added on September 28, 2011, 11:59 am

Goldchan, can you quote me an offer if I want to buy 10pcs of 1oz bars? What bars do you have? Can deliver by postage?

Do you foresee silver price to drop or move up from here?
*
What about their buy back policy? with receipt? theirs bar only? What is the spread?

I am comfortable with USD 30+ price currently.
Yesterday already top up a kilo bar from pg. If go down to 20+, most probably will add another investment
sparekim1
post Sep 28 2011, 12:20 PM

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Not sure, maybe you can check with them.
asokakenji
post Sep 28 2011, 12:33 PM

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Hey guys!!! I found a supplier who supply silver lower price than public gold.
They are 1kg perth mint koala bear.

I also found RM 138 for 1oz silver maple leaf and RM 1,272 for 10 oz academy bars.
What do you guys think? Who found lower price?
razman2050
post Sep 28 2011, 12:51 PM

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QUOTE(asokakenji @ Sep 28 2011, 12:33 PM)
Hey guys!!! I found a supplier who supply silver lower price than public gold.
They are 1kg perth mint koala bear.

I also found RM 138 for 1oz silver maple leaf and RM 1,272 for 10 oz academy bars.
What do you guys think? Who found lower price?
*
good!!
can give me the supplier's detail.
tq
sparekim1
post Sep 28 2011, 01:06 PM

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QUOTE(asokakenji @ Sep 28 2011, 12:33 PM)
Hey guys!!! I found a supplier who supply silver lower price than public gold.
They are 1kg perth mint koala bear.

I also found RM 138 for 1oz silver maple leaf and RM 1,272 for 10 oz academy bars.
What do you guys think? Who found lower price?
*
I would like to know the supplier too.
cge
post Sep 28 2011, 02:38 PM

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QUOTE(getsmart @ Sep 27 2011, 04:53 PM)
Nobody interested with 1/2 oz silver?
Not even perthmint's 1/2 oz silver dragon?
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Better get the 10 oz cos the dragon bigger, can even see the scale, 1/2 oz too smalllah, cant see biggrin.gif
riz8286raz
post Sep 28 2011, 02:38 PM

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The US Commodity Futures Trading Commission decided to push back the position limits meeting to the 18th from 4th October...... will there be further manipulation with this extension of time? Silver is now hovering around USD31.
Nidz
post Sep 28 2011, 03:23 PM

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what time london market opens?
the price rises quite abit now. $32.++
riz8286raz
post Sep 28 2011, 03:34 PM

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QUOTE(Nidz @ Sep 28 2011, 03:23 PM)
what time london market opens?
the price rises quite abit now. $32.++
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London just opened, 3pm.

Seems that they are supporting, must be the physical dealers there supporting, I think they had enough of picking up the calls the last few days.
Nidz
post Sep 28 2011, 03:37 PM

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QUOTE(riz8286raz @ Sep 28 2011, 03:34 PM)
London just opened, 3pm.

Seems that they are supporting, must be the physical dealers there supporting, I think they had enough of picking up the calls the last few days.
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no wonder the price suddenly moves sharply. hopefully the london traders will be supported by US traders later tonite.
slowly rise back to usd40. im not asking too much. sweat.gif
evilspeculator
post Sep 28 2011, 04:07 PM

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QUOTE(OneBuck @ Sep 28 2011, 12:14 PM)
What about their buy back policy? with receipt? theirs bar only? What is the spread?

I am comfortable with USD 30+ price currently.
Yesterday already top up a kilo bar from pg. If go down to 20+, most probably will add another investment
*
Where did u buy ur kilobar?
OneBuck
post Sep 28 2011, 05:05 PM

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QUOTE(evilspeculator @ Sep 28 2011, 04:07 PM)
Where did u buy ur kilobar?
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PG dealer. The spread is quite high but recent occasion prove that they, for time being, is a reliable seller/buyer rclxms.gif

asokakenji
post Sep 28 2011, 05:27 PM

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QUOTE(asokakenji @ Sep 28 2011, 12:33 PM)
Hey guys!!! I found a supplier who supply silver lower price than public gold.
They are 1kg perth mint koala bear.

I also found RM 138 for 1oz silver maple leaf and RM 1,272 for 10 oz academy bars.
What do you guys think? Who found lower price?
*
Good price? Too bad the silver maple leaf need to buy from tube.
Er, sorry ah. I think he is a dealer not the supplier. He sell silvers lol
chef
post Sep 28 2011, 05:51 PM

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QUOTE(OneBuck @ Sep 28 2011, 05:05 PM)
PG dealer. The spread is quite high but recent occasion prove that they, for time being, is a reliable seller/buyer  rclxms.gif
*
Hey guys,

Just want to say that, those dealer who do not have stocks are not unreliable, at least I don't think all of them are. Look, everyone here is looking to buy silver, so they sell whatever they have and order new stocks, it takes a week or 2 for these stocks to arrive, so most likely by next week everyone will see LARGE supplies of silver in malaysia because EVERY dealer order large amount at low price from overseas.

One example, Let's say I'm a big time dealer like 1stopgold, I have 1000 oz in store which I bought at RM 160 per oz, price drop to RM 130 per oz, you think I will not sell? even if I am loosing money per oz, I will still sell, recover the money now from these sales and order from my supplier at RM 120 per oz immediately. Do I loose money? no, in fact if the price goes up, I make even more money.

Those that you find still have stocks are company who :
1) used to sell very high, nobody buy from them so they have lots of stocks left, you when you find them, they are the last one everyone want to buy from
2) They had just ordered from supplier 1 or 2 weeks ago and their new shipment arrive, they still ordered at a higher price but they do have the goods to sell.

So personally I doubt that any dealer who have stocks will hold back from selling their goods, a good businessman will not get their money stuck in goods and wait for the price to go back up which could be 6 months from now, and they will have to start learning how to eat grass. smile.gif

chef

My 2oz worth opinion..


spikyz
post Sep 28 2011, 06:04 PM

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agree with chef, to be honest, most supplier i contact are actually happy with the dip of prices. they can buy more with cheaper price.

n remember, do they sell with some premium to us aka normal buyer. so either way they still making money.
zaizu
post Sep 28 2011, 06:59 PM

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QUOTE(chef @ Sep 28 2011, 05:51 PM)
Hey guys,

Just want to say that, those dealer who do not have stocks are not unreliable, at least I don't think all of them are. Look, everyone here is looking to buy silver, so they sell whatever they have and order new stocks, it takes a week or 2 for these stocks to arrive, so most likely by next week everyone will see LARGE supplies of silver in malaysia because EVERY dealer order large amount at low price from overseas.

One example, Let's say I'm a big time dealer like 1stopgold, I have 1000 oz in store which I bought at RM 160 per oz, price drop to RM 130 per oz, you think I will not sell? even if I am loosing money per oz, I will still sell, recover the money now from these sales and order from my supplier at RM 120 per oz immediately. Do I loose money? no, in fact if the price goes up, I make even more money.

Those that you find still have stocks are company who :
1) used to sell very high, nobody buy from them so they have lots of stocks left, you when you find them, they are the last one everyone want to buy from
2) They had just ordered from supplier 1 or 2 weeks ago and their new shipment arrive, they still ordered at a higher price but they do have the goods to sell.

So personally I doubt that any dealer who have stocks will hold back from selling their goods, a good businessman will not get their money stuck in goods and wait for the price to go back up which could be 6 months from now, and they will have to start learning how to eat grass. smile.gif

chef

My 2oz worth opinion..
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very very well put opinion - the best explanation so far i have read on this issue of world price drop and hard to find sellers


basSist
post Sep 28 2011, 07:46 PM

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anyone got extra cougar?

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