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 how to invest silver in malaysia

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SGKSY
post Sep 29 2011, 05:13 PM

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QUOTE(chef @ Sep 29 2011, 05:03 PM)
o.k o.k... cool o.k...

I didn't mean it that way. Anyway, people backed out of my deal too, more than 6 times in the last 3 weeks, and some are quite big, but what to do? getting upset just shorten our life span. I am in the "other people shoe" both as buyer and seller.

Put the item up for sale again. smile.gif

chef
*
we should exchange information, then next time , we must avoid to deal with them, announce their name if necessary. hehe.

I feel better now.




There are still many serious buyers make offer to buy 1 or 2 pc from me just now. Sorry to them as I said I will only sell if all 30 pcs are locked.
The best way to buy from me is group buy. I am sure my price is the cheapest in malaysia among the sellers "with ready stock" Even bar, i can sell at 120 per oz, but i got only
10 oz bar. Next time, i am preparing to sell 1oz bar. The price can as low as RM120 for current spot rate if you purchase 10 bar and above and able to come JB.

If you think 120 is "expensive", then find other seller who can sell you cheaper.....

This post has been edited by SGKSY: Sep 29 2011, 05:16 PM
magpie9
post Sep 29 2011, 05:29 PM

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steady la bro ... buyer come buyer go, seller come seller go ...

u see 1cheapsilver ... always harping they're the cheapest ... now tutup kedai d ...

so u might not be the cheapest always and u might not be the most expensive always also ...

this is business world!

just peace lo ... at the end of the day, everyone just want to make profit la irregardless or seller or buyer ...

this is a place to discuss about silver investment ma ... not about venging your anger so just stick back to the topic la thumbup.gif
cruzzie73
post Sep 29 2011, 05:40 PM

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Wow! 1 day didn't visit the page already got so many new messages.

Keep cool, SGKSY. When you're in business, these are the things you have to deal with.

Anyway, I still maintain that silver price will drop again to challenge 26 again, once broken, it may go to 22-23. Question is, when and how long does it take to go to that level, and will there be a rally up in between. What's your take on this?
abusyahmi
post Sep 29 2011, 06:16 PM

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QUOTE(SGKSY @ Sep 29 2011, 02:23 PM)
quite upset just now. got a group of resellers take my price compare with william, he said william sell only 163 per pc and said my one 175 is expensive. so ridiculous, william has not ready stock and need to wait one month to get stock. they don't know time is money.

Whoever want to pre-order panda, i can do for him, 160 per pcs and wait for one month , pay in full ,please.  When i said so, he keep quiet.

walau, selling cheap also complained by others.

they don't want to buy just because i declined to lower to price to 172. if they think 163 can get the stock ,why buy 172 from me? If they really want to buy cheap ,they will take my offer of 160. Those kind of reseller want to take advantage of me and sell higher to other, i will blacklist them forever.

They think they are clever and want to put pressure on me to reduce price. But they failed.....

I am not blaming them. They just too greedy. I sell cheap, they want cheaper and the just want to resell for higher profit and make more profit than me. haiz.... how to comment this kind of people?
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Just mentioned to them.

'Terima kasih kerana berminat berurusan dengan saya. Maaf saudara/i harga yang di minta agak rendah. Buat pengetahuan saudara/i ini merupakan ready stock. Jika saudara/i inginkan harga tersebut mungkin pada masa hadapan (2-3 minggu dari sekarang) atau boleh buat pre-order dari saya'.

But sometimes, some of seller just ignore the reseller. It is hard to deal with them especially when you are new in the business. As a seller you need always to be 'mulut manis'. Hope that might help.
driftmeister
post Sep 29 2011, 06:19 PM

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Guys,

OZ Dragon coin 2oz RM380, is it a good/reasonable buy?
ssilverr82
post Sep 29 2011, 06:29 PM

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QUOTE(driftmeister @ Sep 29 2011, 07:19 PM)
Guys,

OZ Dragon coin 2oz RM380, is it a good/reasonable buy?
*
preorder, can get 365 or 370... ready stock one dude offer me 388... its about there la...
basSist
post Sep 29 2011, 07:10 PM

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guys, i got extra 2011 panda for sale. can check my signature. wink.gif

can exchange with other coins as well, PM me what you got.

This post has been edited by basSist: Sep 29 2011, 07:12 PM
AskDS
post Sep 29 2011, 08:12 PM

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QUOTE(SGKSY @ Sep 29 2011, 07:48 PM)
Ok, back to the topic silver, does anyone interested in previous year panda ? I am planning to import into Malaysia. hehe.
*
I went back a few pages to see what stocks you got but couldn't get much so I thought I check here.

I will be in Singapore next Monday and Tuesday. If you have some lose silver coins, maybe we can meet somewhere central and potentially do COD there. I thought this might be a good time to collect some (but not in bulk yet). PM me your offer please.

Cheers

SGKSY
post Sep 29 2011, 08:18 PM

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QUOTE(AskDS @ Sep 29 2011, 08:12 PM)
I went back a few pages to see what stocks you got but couldn't get much so I thought I check here.

I will be in Singapore next Monday and Tuesday. If you have some lose silver coins, maybe we can meet somewhere central and potentially do COD there. I thought this might be a good time to collect some (but not in bulk yet). PM me your offer please.

Cheers
*
ASKDS, thank for your interest , but, sorry, i not intend to sell loose piece. The only item available for sale now is 30pcs 2011 panda.
basSist
post Sep 29 2011, 08:25 PM

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QUOTE(SGKSY @ Sep 29 2011, 08:18 PM)
ASKDS, thank for your interest , but, sorry, i not intend to sell loose piece. The only item available for sale now is 30pcs 2011 panda.
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i got loose pieces rolleyes.gif
chef
post Sep 29 2011, 08:31 PM

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QUOTE(cruzzie73 @ Sep 29 2011, 05:40 PM)
Wow! 1 day didn't visit the page already got so many new messages.

Keep cool, SGKSY. When you're in business, these are the things you have to deal with.

Anyway, I still maintain that silver price will drop again to challenge 26 again, once broken, it may go to 22-23. Question is, when and how long does it take to go to that level, and will there be a rally up in between. What's your take on this?
*
I agree, but I'm no expert since I only started silver stacking 3 months back. But I see it testing USD 26 and maybe false break into USD 25. frighten all the people out of the market, go back up above USD 26 and hover around there. End of my story.

How it is going from there, must see the RSI and other indicators, I think the news from the US will have quite an effect, even if they are just excuses to push the price up. We already seeing the USD dropping against other currency slowly, and silver is actually VERY OVER SOLD.

My suggestion, if you still have RM 100 as savings (just a ratio of what you have) spend RM 40 now on silver, wait for it to drop to USD 26, then the next RM 30, and finally if it still go lower to USD 22, use the last RM 30. forget about silver after that until next year. smile.gif

chef

My 2oz worth, any other prediction? please feel free to speak, there's no right or wrong, if we are MASTER, we will be Billionaire already.


SGKSY
post Sep 29 2011, 08:33 PM

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QUOTE(chef @ Sep 29 2011, 08:31 PM)
I agree, but I'm no expert since I only started silver stacking 3 months back. But I see it testing USD 26 and maybe false break into USD 25. frighten all the people out of the market, go back up above USD 26 and hover around there. End of my story.

How it is going from there, must see the RSI and other indicators, I think the news from the US will have quite an effect, even if they are just excuses to push the price up. We already seeing the USD dropping against other currency slowly, and silver is actually VERY OVER SOLD.

My suggestion, if you still have RM 100 as savings (just a ratio of what you have) spend RM 40 now on silver, wait for it to drop to USD 26, then the next RM 30, and finally if it still go lower to USD 22, use the last RM 30. forget about silver after that until next year. smile.gif

chef

My 2oz worth, any other prediction? please feel free to speak, there's no right or wrong, if we are MASTER, we will be Billionaire already.
*
i predict it can go below 20 before the price go higher. i guess only , not based on TA.
chunyen2020
post Sep 29 2011, 08:42 PM

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QUOTE(chef @ Sep 29 2011, 08:31 PM)
I agree, but I'm no expert since I only started silver stacking 3 months back. But I see it testing USD 26 and maybe false break into USD 25. frighten all the people out of the market, go back up above USD 26 and hover around there. End of my story.

How it is going from there, must see the RSI and other indicators, I think the news from the US will have quite an effect, even if they are just excuses to push the price up. We already seeing the USD dropping against other currency slowly, and silver is actually VERY OVER SOLD.

My suggestion, if you still have RM 100 as savings (just a ratio of what you have) spend RM 40 now on silver, wait for it to drop to USD 26, then the next RM 30, and finally if it still go lower to USD 22, use the last RM 30. forget about silver after that until next year. smile.gif

chef

My 2oz worth, any other prediction? please feel free to speak, there's no right or wrong, if we are MASTER, we will be Billionaire already.
*
Good explanation on the price averaging. smile.gif

Just some read for the day.
http://www.argusmedia.com/News/Article?id=768231
http://derivative-news.fincad.com/derivati...ntil-2012-1424/
I guess this is another reason why silver fall so hard.

I guess 4th October will be a decisive date.
Just like the deadline for US debt ceiling.
http://www.kitco.com/charts/historicalsilver.html
Can check out the pattern for July - August 2011.
marcusboy
post Sep 29 2011, 09:33 PM

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QUOTE(chunyen2020 @ Sep 29 2011, 08:42 PM)
Good explanation on the price averaging.  smile.gif

Just some read for the day.
http://www.argusmedia.com/News/Article?id=768231
http://derivative-news.fincad.com/derivati...ntil-2012-1424/
I guess this is another reason why silver fall so hard.

I guess 4th October will be a decisive date.
Just like the deadline for US debt ceiling.
http://www.kitco.com/charts/historicalsilver.html
Can check out the pattern for July - August 2011.


Sorry, can I check what is the price for 1 oz maple? Does it make any difference if it is 2011 or 1999?

Thanks.
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chunyen2020
post Sep 29 2011, 09:50 PM

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QUOTE(marcusboy @ Sep 29 2011, 09:33 PM)

*
You included your reply in the quote.
LOL
For the current price, one 2011 maple is around RM145.
Not sure with 1999 maple.
Silver purity is the same.
1999 maple will be more expensive because you hardly can find one 1999 maple around.
Demand supply and price.
spikyz
post Sep 29 2011, 11:09 PM

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QUOTE(SGKSY @ Sep 29 2011, 11:01 PM)
At first i accuse me for not replying to ur 160 panda, later u accusing me for changing d topic. another lie detected here.  tongue.gif

you have typo also right? I tell lie ? I had admit there is typo and i don't accuse you purposely. right ?

did you negotiate with me when you are the only one buyer ? 1 people i can give 1 dollar discount each, why can't negotiate? It is huge difference if 30 pcs want 3 dollar discount each coin , i think you passed your math ,right ?

put the point ,one by one ? fine. i think i said more than enough in afternoon posts, no need to reply right ?

Well, i just telling the truth. and you admit what i said bravely by showing the proof. You definitely have my respect too.
*
lolz. typo yes. but i didnt accuse u for anything.

ok la bro, lets forget about all these and shall we start discussing about silver again? im sorry if i offended u in any way. Cheers bro biggrin.gif

about silver n gold prices, both charts seems identical..from d reports, ppl selling precious metal to recover their losses in other stocks or investment. i can see why they did that, they invest in precious metal before, and get a good profit. now they need to save their investment in other market. so selling precious metal to cover up the losses seems as a good idea. anyone here playing forex or stocks and need to sell precious metal to cover their losses?
chunyen2020
post Sep 29 2011, 11:10 PM

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QUOTE(spikyz @ Sep 29 2011, 11:00 PM)
agree to stop this. but one last point. is not even a FFK case, we never agreed on the price yet. we havent confirmed nor do any locking or promises. heck still in pricing negotiation. after it failed, thats its la. i never thought he gonna come down here n whinning.
my opinion, many ppl waiting for another drop, quinn with his ichi graph predict another bearish. i yet to learn from d graph. hopefully will go through it soon =D
*
Ok la. Let's have a small contest with tomorrow closing price. One teh tarik. Luls.. tongue.gif
Whoever can guess/predict the price which has the smallest difference with the closing price, I treat him/her Teh Tarik and one roti kosong. tongue.gif
You guys have my word. flex.gif

T&C
1. One people entitled for one guess/predict price, price that is speculated after 30th Sept 8PM (M'sia time) is not counted.
2. Only can belanja you la if I get the chance to meet up with the winner. rclxm9.gif


Added on September 29, 2011, 11:11 pmI will not hesitate to report if this continues on after my this reply.

This post has been edited by chunyen2020: Sep 29 2011, 11:11 PM
spikyz
post Sep 29 2011, 11:15 PM

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my prediction its gonna be around 30-31usd still, and be d same over d weekend. hehe. eh do u need a precise prediction such as 30.50USd and etc?

lolz

but remember, d US guys always like to hit just before d weekends, careful


Added on September 29, 2011, 11:18 pmbtw just to mention. i already edited my first post n deleted ur phone no. its like 1hours ago bro. chill

This post has been edited by spikyz: Sep 29 2011, 11:18 PM
chunyen2020
post Sep 29 2011, 11:18 PM

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QUOTE(spikyz @ Sep 29 2011, 11:15 PM)
my prediction its gonna be around 30-31usd still, and be d same over d weekend. hehe. eh do u need a precise prediction such as 30.50USd and etc?

lolz

but remember, d US guys always like to hit just before d weekends, careful
*
'The smallest difference'
If not to that precise, I have to belanja a lot of people la blush.gif shakehead.gif
You have lot more time to go, let's observe tomorrow price.
Don't forget Hong Kong market, they have been showing a strong buying trend recently compared to the period before silver price drop.
basSist
post Sep 30 2011, 12:29 AM

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think will rise on friday before the weekend coming.. rising to 33-35. then next monday drop again until 25-28. tat's for this friday and next week.

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