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 how to invest silver in malaysia

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chunyen2020
post Sep 18 2011, 12:44 AM

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QUOTE(chef @ Sep 17 2011, 11:31 PM)
I was hoping stacking is allowed, so we don't have growing list and pages to go thru, just go stright to the person's post and we know the updated list.

creating own thread seemed a little hassle..I don't want to keep posting new sales, just keep updating my thread. how?

chef


Added on September 17, 2011, 11:36 pmHey, someone was mentioning there is a way to test silver content without scratching. I tried it at one of the china factory which manufacture silver (as a VIP) hee hee, although my purchase is small, and they have a machine costing RMB 100k that can be linked to the PC, showed the silver content of MY silver coin to be 0.9993 silver and 0.0007 bronze. WOW I'm impressed.

I suspect they are using soundwave technology for testing, anyone know who have this machine in malaysia? and do they charge for testing? I think someone should invest and provide this service for all bros and sister here to use. For a small fee without scratching the coin of course.

chef
*
Even airtite is together with the coin? hmm.gif


Added on September 18, 2011, 12:45 am
QUOTE(chef @ Sep 17 2011, 11:31 PM)
I was hoping stacking is allowed, so we don't have growing list and pages to go thru, just go stright to the person's post and we know the updated list.

creating own thread seemed a little hassle..I don't want to keep posting new sales, just keep updating my thread. how?

chef


Added on September 17, 2011, 11:36 pmHey, someone was mentioning there is a way to test silver content without scratching. I tried it at one of the china factory which manufacture silver (as a VIP) hee hee, although my purchase is small, and they have a machine costing RMB 100k that can be linked to the PC, showed the silver content of MY silver coin to be 0.9993 silver and 0.0007 bronze. WOW I'm impressed.

I suspect they are using soundwave technology for testing, anyone know who have this machine in malaysia? and do they charge for testing? I think someone should invest and provide this service for all bros and sister here to use. For a small fee without scratching the coin of course.

chef
*
Even airtite is together with the coin? hmm.gif
Possible to do it with Pamp Suisse 1oz?

This post has been edited by chunyen2020: Sep 18 2011, 12:45 AM
chunyen2020
post Sep 18 2011, 12:14 PM

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QUOTE(chef @ Sep 18 2011, 10:45 AM)
AH HA!! So that's why it's so expensive.

It looks like a large laser printer, open the top, put in the coin or bars (Without the airtite) and close the lid.

After a while, of course you don't see the internal organ of the silver, but you get a graph like this :

user posted image

So you think there's a possibilities to bring in such a machine at low price? maybe for testing small bars and rounds for GOLD and SILVER?

I'm sure even I am willing to pay
RM 20 for just to see the result on the screen
RM 50 for a printed certificate for my bars each
RM 300 for a batch of 10 coin/bar to be assayed by this machine, with certificate or certicard.

Of course it may not start off as a certified assayer, but if everyone comes to rely and trust this machine, it's going to start making money for whoever bring it in....sounds like a good business to cater to small fry like us. smile.gif

chef
*
No wonder...
But I wonder can this machine verify the Pamp Suisse 1oz? hmm.gif
chunyen2020
post Sep 20 2011, 10:33 PM

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QUOTE(SGKSY @ Sep 20 2011, 08:17 PM)
see my signature, anyone interested, please PM me.
*
Other than panda? tongue.gif
chunyen2020
post Sep 23 2011, 12:41 PM

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Mike Maloney's guides in gold and silver as investment.
chunyen2020
post Sep 23 2011, 02:20 PM

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QUOTE(eXTaTine @ Sep 23 2011, 01:43 PM)
Silver dipping below 35 now mate....maybe on its way to 28 soon...
*
The next support line is 28 ?!
chunyen2020
post Sep 23 2011, 03:19 PM

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1cheapsilver is selling 1oz bar at RM132..

Others not sure.
Saw one tube of ASE fell to RM3000.


Added on September 23, 2011, 3:22 pmhttp://1cheapsilver.com/v3/index.php?option=com_virtuemart&page=shop.browse&category_id=18&Itemid=54&vmcchk=1&Itemid=54

This post has been edited by chunyen2020: Sep 23 2011, 03:22 PM
chunyen2020
post Sep 24 2011, 02:34 AM

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Some news to read on regarding today big price drop.
Drop my jaw man. LOL.

http://silverinvestingnews.com/8722/silver...ed-actions.html
http://www.bloomberg.com/news/2011-09-23/e...tem-crisis.html
http://www.bloomberg.com/news/2011-09-23/c...n-4-months.html

Too bad for now.. Not enough bullet. =S

chunyen2020
post Sep 24 2011, 04:59 PM

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QUOTE(chef @ Sep 24 2011, 04:06 PM)
Hey chun yen,

reading those articles just makes me feel that nobody knows what's happening. The feds are proposing what that loser benarke (spelt right?) is telling them to propose, which makes even more people panic. If these guys are pulling out funds from precious metals and liquidate them into USD, that explain why the greenback goes up and the precious metal all rolling downhill.

But if they are liquidating the WINNING metal (in this case silver) and covering looses for other margin call (gold or other commodity) then it seemed silver is still the right PM to invest, not as in now, but as it stablized.

It's time to buy a little today (if you can find someone selling ,I think goldchan is making his offer, good chance to buy) then wait for monday to see how it move, then if it drop alot, buy a little more, later in the week. If it jumped up on monday (maybe because the American realised they can buy cheap now, they pump back the funds into silver) then at least you would have bought at LOW price.

my 2 oz worth smile.gif

chef

Good luck guys!
*
Buy short term bond and reinvest in long term. doh.gif
Fed tactics ╮(╯_╰)╭

http://www.kitco.com/charts/historicalsilver.html
Check silver price at 2008.
Confirm you will cry if you were buying at USD18 and watch the market price to drop to half of it. tongue.gif
It's just the matter of time.
Just get hold with it, never fear. This is the spirit of an investor. (Must know what are you doing la...)
Silver should be a long term investment.

The next support for silver at USD26 is not a dream if the market to fall that hard.
If you notice, KLSE also kena hit hard yesterday, just like year 2008.

I doubt Monday will be a good.
It's gonna roll down the hill.
Especially after Hong Kong market is closing

Guys, load up your bullets.
It's time to fire. thumbup.gif

Chef, wanna let go your Maple 2011 and Koala 2011?
I just realize I haven't get 2011 maple. =P

This post has been edited by chunyen2020: Sep 24 2011, 05:17 PM
chunyen2020
post Sep 24 2011, 10:34 PM

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QUOTE(Angel.inlove @ Sep 24 2011, 06:37 PM)
Any ideas that silver price goin', south or north next week? I just bought some recently... SAD story...
*
Market fluctuates a lot recently.
Hard to predict.
But I see next week is still a sliding down trend.
chunyen2020
post Sep 27 2011, 01:51 PM

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Just got a quite interesting fact from a buyer of mine.
He claimed that the salesperson at Habib showed him a picture of PAMP silver dragon design 1 troy oz.
Anyone can get it?
I googled it up just now, no such result. =S
chunyen2020
post Sep 27 2011, 06:09 PM

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Estimated another correction tomorrow.
The rise is not for long.
chunyen2020
post Sep 28 2011, 11:40 PM

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Haiyah.
Just finish shooting my bullets =.=
Getting these four at very good price.

http://coins.nzpost.co.nz/2008/hamiltons-f...lver-proof-coin
http://coins.nzpost.co.nz/2009/kakapo-silver-proof-coin-set
http://coins.nzpost.co.nz/2010/mauis-dolph...lver-proof-coin
http://coins.nzpost.co.nz/2011/yellow-eyed...lver-proof-coin

4000 mintage only.

Bro Nidz, if you do not mind, can I just take one piece? =P
Haha.

chunyen2020
post Sep 29 2011, 12:04 AM

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QUOTE(Nidz @ Sep 28 2011, 11:47 PM)
wah, your collections make me go doh.gif
anyway, im not sure yet whether can get from him or not.
not enough buyer now.
if got, then i'll let u know. thumbup.gif
*
Haiz.. Now all bullets gone..
If we were to deal next time, then I can show you these. Haha.
Gonna wait the coming of next batch of my Pamp Suisse to reload bullets..
Anyway, price drop to USD30 as expected.
Momentarily price rise.
Price will go down more this week.

This post has been edited by chunyen2020: Sep 29 2011, 12:04 AM
chunyen2020
post Sep 29 2011, 12:30 AM

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This period of time is like the period of waiting for the US decide to raise debt ceiling or not.
Price is hanging there and wait and wait...
And then raise a bit.
Silver wanna break USD50 by year end need a strong support and strong confidence to be pumped into the investors.
chunyen2020
post Sep 29 2011, 10:14 AM

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QUOTE(chef @ Sep 29 2011, 08:06 AM)
Yeah, there's no limit to the purchase by some of the dealers. I think it's because they just got their shipment, if some dealer here order, wait 2 weeks for minting and delivery we should start getting the 1oz dragon offer by mid october. I believe the source is accurate, deal with him before. Anyway we already in no hurry to buy yet, until everyone is out of stocks. Then we should panic! smile.gif

chef


Added on September 29, 2011, 8:09 am

hey chunyen

Wow your silver bullet shoot only at the rarest female dracula!! ha ha.... beautiful and rare.

I guess you are the real collector, which i hope someday i will be one.

chef


Added on September 29, 2011, 8:14 amHey guys, price is falling below USD 30 now, I think it will go for USD 26 again this 2 days, maybe even today, get ready your final silver bullet for the final showdown!! ALL SILVER PRICE (except dragon and older coins) are gonna drop!! so aim and squeeze...

chef

At the time of posting, spot is at USD 29.12
*
These four really suck up my blood.
Will post up the picture once I got it.
Nonetheless, they are cheaper than that bloody 1oz lunar dragon. thumbup.gif

Gold strongly straying around USD1600.
Silver is at USD 30.08 in the time of this post.
Waiting the news from the US commodities commission to boost up the price.
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.
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.
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
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.
chunyen2020
post Sep 30 2011, 12:36 PM

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Still need to wait for Hong Kong market to close.
If after Hong Kong market closed, the price is still going down.
Then this time will go down until USD27 like that.
If goes up, then it's gonna break USD32.
I suppose. Hehe.

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