the tax for coin is 15% extra than bar

Dear Member

Auruma International is consolidating its operational functions to better serve customers globally. The collection centre in Kuala Lumpur will be moved overseas to accommodate the rising volume.

In the meantime, we encourage you to take advantage to save on your shipping fees when you select to collect your precious metal from our distribution centre in Kuala Lumpur before May 31st, 2011.

Please do not hesitate to contact us at enquiries@aurumainternational.com for further information.

Best Regards
AURUMA International



Dear Member

Please be informed that the collection of orders from our distribution centre in Kuala Lumpur will cease on May 31st, 2011.

All purchases from Auruma International will be delivered to your doorstep via our worldwide delivery option. Alternatively, you can opt to store your precious metals at the secured storage under the bonded warehouse scheme in Singapore.

Please do not hesitate to contact us at enquiries@aurumainternational.com if you need any further information.

Best Regards
AURUMA International

can ! email me at wkchan1991@gmail.com
Pos laju RM6/- (no guarantee). Citylink RM15.- (no lost record). COD FOC near my place.
I will take it up from there.

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Added on May 20, 2011, 8:54 amYalor better buy from me mah.

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Added on May 20, 2011, 9:03 amOK. Let me explain, bullion is almost equal to money.
if you exchange USD to RM, how much the money changer charges you. Maybe around 2-5% depending on currency type and location.
Similarly gold and silver is almost traded like money where the spread is very low so does the margin.

If you have a few layers on your selling process, it's going to make the product unattractive and expensive.
some dealers only operate with 3-5 staffs only but handling over USD10 million sales a year.
Previously, one dealer told me he got 25,000oz coming in waiting to be delivered. in one sales session 2-3 weeks time-frame.

Immediate payment is required, no time for bank guarantee.
The moment U lock in the price, you pay within 24 hour.
Some even worst, maintain a deposit with us, once you ordered $ deducted in your a/c.

This post has been edited by GoldChan: May 20 2011, 09:03 AM

1stopgold , is it viable to buy from them? I want to buy Silver Kilobar

yes, i've mentioned many times, they r the official distro for pamps

I called them but they dont have stock for silver kilobar. Need to wait until mid july. Thanks for the info kucingfight.

Just ask them whether it is possible for pre-order where U pay upfront 3-6 mths and lock in the low price now.
I'm sure they will accept it. The problem is with the buyer only.
If they don;t accept it, then probably there are some restriction.

It ;s quite common for buyer to pay 1st and wait for few months to get their goods.
This happen since 2008 from time to time.

Hi

I did ask them. They say have to pay full if you want the current spot price. Delivery will be in July. I will go to their office nex week. I checked mks.ch and it is listed in the website that they are the distributor for MY.

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Added on May 21, 2011, 1:58 pmWent to De Gem at Bangsar to ask. They are selling silver kilo bar at 4300 as of yesterday closing price. Please advise is it expensive?

This post has been edited by evilspeculator: May 21 2011, 01:58 PM

first time buying silver here, if i buy from ebay and do COD, what are the things i should do to ensure the silver is not fake or mixed with other metal?
(basically i want to know how can i ensure that i dont get cheated )

This post has been edited by property101: May 22 2011, 07:58 PM

expensive. 1stopgold would be selling 37xx-38xx RM at the same period

bro, u serious? this is dirt cheap.
i assume they are selling at RM3800, so each oz is about RM107.73, where the market price (directly convert from ~35USD) is ~RM106
this beat flat all other sellers i have talked to so far
any trick there? i understand i need to take at least 1kg from 1stopgold (which i'm ok with), apart from that, is there any other hidden agenda? what kind of bar is that? is it recognize internationally? will they be buying back?
lastly, can anyone answer me when i collect my silver, how i can i ensure i'm not cheated by some other metal than investment grade silver?

A Must Know Before Buying Silver

http://www.thepreciousmetal.com/knowledge.html
http://www.silverbullionbars.org/
http://www.cashforgoldinsider.com/silver-bullion-bars/

assuming today's market price for 1oz of silver is ~USD35 (which is ~RM106), how much of premium is considered acceptable?

what are the total additional cost that involves in bringing silver into malaysia? i can understand the seller would want to charge a premium because of his effort of bringing the silver into malaysia, he does deserve to be paid a premium, which i'm totally ok with. for 1oz of silver bar that i buy, for example the seller quote me for RM160, the premium is about RM54 here. in this RM54, how many goes to delivery cost, tax, any other operation cost and finally the premium that the seller is taking?

can anyone enlighten me on the above breakdown?

Good information regarding silver. Better read before investing in Silver.

Anybody kind to advice me Which weight Silver Bar (1oz or 10oz) is better to buy & keep? ie cost, liquidity or any other reasons.
Thanks so much! :!

1 oz is lighter than 10 oz. Buying 10z will be cheaper per oz compared to 1oz. But it will be easier to sell of 1oz if you want to in the open market.

but i got a quote that 1oz bar is cheaper then 10oz bar.

ya no trick. u can roughly monitor the price @ their website. as of now, it's around rm3833.xx . yes it's only in 1kg form. like i've said, don waste ur time calculating n importing those stuffs. rate is even higher or equivalent if u buy from 1stop gold. minus the hassle

How to ensure it's genuine? buy from reputable distributors, which 1stopgold (or MKS finance) is one of PAMP's appointed dealers. so.. nothing to worry lah.

This post has been edited by kucingfight: May 23 2011, 01:34 PM

There is another way of investing silver but its like viewing via terminal such like forex but some additional investment pair such as silver will be available as well.

I heard silver price drop 30% last month, is it the right time to buy it now ? or should I wait another 1-2 month, I already have some gold so not really in rush