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 how to invest silver in malaysia

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OneBuck
post May 3 2011, 03:51 PM

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QUOTE(Freezefrost @ May 1 2011, 11:04 PM)
I'm a dealer for Physical silver Morgan bars. If you're looking to buy some physical silver instead a paper, contact me. I can give lower prices from what you see in Publicgold.com.my.

prices varies according to spot market.

user posted image
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Bro, if i wanted to sell back to you, what is the spread like? %?

Thanks.
OneBuck
post May 26 2011, 10:50 AM

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Just for info, if someone interested. ( and if not been posted yet..huhu..)

"Click below to find out more about this opportunity:

www.millionairesplanet.com/silver.htm


The price of silver has been rising steadily since January 2011. In fact, the silver has been the best performing investment this year. So after years of being in the
doldrums, silver is regaining its shine.

So something is happening here. Something really big is happening.

Furthermore, the demand for silver has consistently been higher than the supply in recent times. And as you already know, when demand exceeds supply, the result is higher prices.

What’s more important here is that there’s an opportunity for you to make money from silver – right here and now.

At the same time, while the prospects in silver is certainly shining bright, the risks are also higher here. If you chose wrongly, instead of making money, you could actually lose it all.

So with that in mind, you'll be happy to know that we will be conducting a workshop on the right way to invest in silver. "
OneBuck
post May 26 2011, 11:27 AM

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QUOTE(prophetjul @ May 26 2011, 11:07 AM)
Probably another Johnny-Come-Lately.....    rolleyes.gif
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who? me...? haha.... my silver to date should give me return 10% after minus the spread. I think not bad considering for the so call "Johnny-Come-Lately"....

Anyway, the course is on RM190, should be cheap investment...., i think...

OneBuck
post May 27 2011, 10:11 AM

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QUOTE(prophetjul @ May 27 2011, 07:31 AM)
Uhmm..........sorry.....not you

The course..........why you need a course for this?

He is just rehashing everything that can be found on internet.

Hes no Xpert..........if he was, he would have bought silver at $4............not just now

Hes just like everyother opportunist......banking on a hot item of the moment.....
to conduct a course, to make fast bucks!  biggrin.gif   

Ask him to put his money where his mouth is.......
Ask him how much he has his money in silver..........how much is his average cost.........

with evidence, of course!    rolleyes.gif
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I am completely agreed with you. 100%. thumbup.gif

What the course tickle my interest is how to invest silver locally.
Here, to buy silver is so easy but the hard game is how to sell it back. Spread.

Some of them take up 50% spread and one of the forumer (of course not you GoldChan) claim to sell silver, but when I am asking about buying back and the spread, he silent until to day.

And no, I cannot invest in paper, since it is forbidden for me, unless the institution can provide the evidence that they are actually own the silver and can be exchange at any time. Coincidently, Mr Michael Maloney did say “if you cannot touch the silver, you did not own it”.

So far, the lowest spread and the most guaranteed to buy back is Public Silver. But the spread is still damn high. (18%, the last time I check).

And come on, RM190 is very low. If we can invest RM10,000 in silver, why not RM190 for the knowledge.

OneBuck
post May 27 2011, 02:48 PM

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QUOTE(evilspeculator @ May 27 2011, 11:15 AM)
1stopgold spread for silver is 15%.
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Emm...interesting.

I did call them just now.+603 2172 8680.

One Amoi mention that they sell 1 kilo silver at RM4099.60 and buy back at RM3467.50.

So, if my calculation is correct, the spread is still 18%
OneBuck
post Sep 26 2011, 04:12 PM

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QUOTE(spikyz @ Sep 26 2011, 04:09 PM)
$30 now..its time to climb back?
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Dongle at home 'POTONG STIM', silver price increase balik lagi POTONG STIM.... tongue.gif tongue.gif tongue.gif
OneBuck
post Sep 27 2011, 10:55 AM

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QUOTE(property101 @ Sep 26 2011, 11:21 PM)
1stopgold no longer want to pick up call it seems...
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Kudos to Public Gold. They are operating as usual (at least their website). Seems yesterday most probably their server was overloaded.

Maybe we should put on the first page which dealer is only interested in making money but not genuinely doing business.

They only sell/buy when they make profit, but just closed shop when situation reversed.

Yesterday/last week was a very good test case.

Not like gold, silver price in Malaysia, in my opinion, subjected to seller/buyer mercy and can be up to 50% spread.

p/s: i am not pg dealer, just a small investor.

This post has been edited by OneBuck: Sep 27 2011, 11:05 AM
OneBuck
post Sep 27 2011, 11:33 AM

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QUOTE(getsmart @ Sep 27 2011, 11:21 AM)
If seller run out of stock, what to do?
You willing to wait 2 weeks for imported goods to arrive or not?
You willing to wait 2 weeks to know if got 15% tax added to price or not?
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Last time when i called my office supplier, they PICK-UP the phone and tell me they are out of stock, shouldn't they do the same? sweat.gif
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?
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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
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

OneBuck
post Sep 30 2011, 10:51 AM

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No offence. This the main reason I choose the least hassle when transaction silver even the price slightly higher.

Imagine when the price is double or triple in the near future and you wanted to exit silver for any reason.

You call them and they said the same thing, but in the reverse manner.
1. Sorry, everybody are selling now and I am attending the most reliable client only
2. Sorry, my stock is piling up to the max that I can take.
3. Did not answer call.

I believe everyone had taught me that investment need enter and exit strategy.
When I asked newbie (I believe so) that bought silver at a bargin price whether the seller is buying back and the spread, he/she respond do not know, I cried. sad.gif

This post has been edited by OneBuck: Sep 30 2011, 10:53 AM

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