I'm still searching on how are i'm going to profit with silver in Malaysia, but i have start buying it. Care to give some info form the otai's. Better go for local silver or international silver?

Nubex does have office in Malaysia right? Where? Are them one of the best in town that deals with physical metal?

another one, i got from www.1stopgold.com.my

official distributor for PAMPs (MKS)

yes nubex office is in metropolitan square at damansara perdana,for me they are the best to deal with physical gold and silver + jewelleries too

yep . i started my silver collection with them . They do buy back the silver that they sell but the split is high, To me thier spot price is the closes to the market price

The setback they only sell 1kg bar .. All thier bar are frm PAMP embos with serial no and come with a certificate

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Added on May 12, 2011, 11:52 ambro silver is not short term or quick profit .. it long term investment .. we r talking about holding cost of at less 5 yr to 10 yr .. . If u want short term they go with Forex not precious metel




This post has been edited by Lycan: May 12 2011, 11:52 AM

today they still have 20g silver emirates bar,good start for collecting silver

Hmmmmm... my target aforementioned earlier. First target, i looking at USD31-33. if market go lower, 2nd Target- USD 28-29. Pray that would not drop to USD22 per oz as i foresee there are chances to drop more!

Silver 32.95 /oz,May 12, 2011 07:47 NY Time, price is halfway to your first target Consider lockin next lot by tomolo if price within this range

i second what benedict1213 said. i think silver is still in correction. the bounce we see in the last few days could just be dead rabbit bouncing.

at this current rate, it is advisable to take some position in silver and keep a close eye on what happens on friday.

what is correction?

yesterday was a "BAD day for Silver .. Up down up down Let c it test the usd 32/oz mark again

Nubex is an international deal? As compared for PublicGold & GCP for local?

well,perhaps its a good news that, silver might retest higher to USD36-37 today! high chance will test USD40-41!
USD32.17 hold a strong support now. make me greedy wanna go get some paper silver or physical silver now..

they carry few international brands like PerthMint,PampSuisse,Emirates Gold, and few local brands like 1Malaysia Bar + they also got Spot section which they sell gold at spot price,mostly jewelleries

today if it hit usd 33/oz i go in

Hi Pubmut,

Yes, you can buy from kitco and i bought from it before as well. It's just that I don't see lots of different buying locally or from kitco, because iour 15% tax added to it will come to the same price as local supplier have.

Besides, if you checked it out daily, they ship most of the time ONLY IN US. Only sometimes when there's lots of stock, they will ship out of US.

APMEX i dont think they ship to malaysia. I'd email them few months back and that's the feedback I got. Not sure about now.

When a product or market is trending up, realistically speaking there is a period where it will have to 'correct' itself from overheating which also could mean profit taking sessions.

so does that mean it is bad news when such correction occurs?

normally the price will drop during correction and could be quite drastic

like what happen to silver now, drop to USD 32 right from USD 49 !!!

kind to share with us, what U buy from kitco?

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Added on May 13, 2011, 6:16 pmU need to differentiate everybody comments depending on who U believe.
1. Some are commenter only based on their experience in stock market etc. but may only have very little metal on their hand.
There is no way U can know ! only time will tell.

2. When you said price drop or price raise to whatever support or resistance level. it should come with some justification then only it become or valid.
otherwise it is just pure believer , gut feeling, 6th sense etc.

e.g at USD48+ RSI-14 was over 70 ,so it over price.
at USD32+ RSI-14 was closed to 30, so it was over sold. time to buy.

I been buying since 2008, so I think spot USD35+ is a fair price lah.
Some bullion vendor told me that they are loading up when the price was 32+ 33+ 34+.
they said they will call the wholesaler when the market opens last 1-3 days.

just my 2cents.

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Added on May 13, 2011, 6:20 pmU can order from milesfranklin.com they have a min order of 1000 oz.



This post has been edited by GoldChan: May 13 2011, 06:20 PM