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 how to invest silver in malaysia

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SasukeKai
post Jul 25 2011, 09:31 PM

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Hi,
how do you get the dealership for silver?do you need a license for it?where to get the supply for silver and etc?
SasukeKai
post Jul 26 2011, 10:28 AM

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cool dude - i actually sell some, but the mintage is pretty limited.perhaps you can pm me what mintage and how many oz you want and i can give you a quote.

This post has been edited by SasukeKai: Jul 26 2011, 10:38 AM
SasukeKai
post Jul 26 2011, 02:37 PM

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above 40 for sure.
SasukeKai
post Jul 26 2011, 10:39 PM

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i agree with alin
SasukeKai
post Jul 29 2011, 11:58 PM

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look.everybody is gonna have their own opinion about silver, my take on this is to do your own research and decide dont just listen to other people's opinion cause in the end you are responsible for your own money.according to robert kiyosaki, theres only bad investors no bad investments.

This post has been edited by SasukeKai: Jul 29 2011, 11:58 PM
SasukeKai
post Aug 1 2011, 11:44 AM

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QUOTE(lustman @ Jul 30 2011, 06:40 AM)
FYI. buying physical silver in malaysia is not "investment". the term has been manupilated heavily by unscroupulous silver/gold agents to brainwash the general public into buying their products.

so, what is it then? it depends why you want to buy silver at the first. many reasons for many people.

the good news is buying silver is a no brainer, so no deep research need to be done. the only thing you need to know is where to buy so you won't get conned.  brows.gif
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As for me i am buying silver as savings. meaning instead of putting money in the bank, i use some of my money to buy silver to
1)hedge inflation
2)when fiat money fails (US debt ceiling tmr yo.)
SasukeKai
post Aug 12 2011, 02:00 AM

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I read one of Mike Maloney's book and the way he invests is that he buys
90% Silver
10% Gold
I think that is a pretty good way to invest.
SasukeKai
post Aug 12 2011, 03:08 PM

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QUOTE(cruzzie73 @ Aug 12 2011, 01:23 PM)
Gold and silver buyers should buy with the intention of keeping the value of your current money or hedging against inflation, and not to buy to "invest" to make money. Having incorrect psychology may cause a lot of disappointment to investors. For example:  2kg of gold worth RM350K today, can buy a medium cost condo in KL. By the time 2kg gold value doubles to RM700K, the same condo would also be worth RM700K.

Just look how long it took gold to double to today's value of $1800/oz. When it first hit $900/oz in early 2008, the same condo of RM350K today was worth about RM180-RM200K in early 2008. Similarly, a plate of RM6 mixed rice today would cost about RM3.50-RM4.00 then. Of course, not all items inflated in equal rate, but overall, except fiat currency and salary (also paid in fiat currency), almost everything else moved up in tendam.

So, do not expect the gold that can buy you a car today can buy you a house in 5 years time. But if it does happen that way, we wouldn't mind bcoz we all would have got a big bonus then. 

Cheers  smile.gif
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spot on. If your intention of buying gold/silver is for capital gains (buy low sell high) then Gold/Silver is not for you
SasukeKai
post Aug 12 2011, 06:29 PM

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QUOTE(gmos @ Aug 12 2011, 03:53 PM)
actually investor can still hit the jackpot if they investing on gold/silver using leverage,
high-risk-high-return, when you hit the jackpot then you will be wealth in short period of time.
usually those big market player can have this game on their portfolio but small investor always have no idea on just what going on..
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If on the spot market yes and yes due to leverage.

On spot market, assuming your account is 5000USD and
current price of silver is 40.00USD per ounce and assuming you are trading in 50USD per pip
when it goes up to 50.00 USD you would have earn around 5000USD
and thats 100% return (however it is risky if you don't know what you are doing)

On physical market however, when the price of silver goes up from 40USD to 50USD, its only a 25% return.

That's leverage for you.

This is why Physical Gold/Silver is for hedging inflation. Thats my 2 cents.
SasukeKai
post Aug 12 2011, 06:51 PM

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Oh yea. thanks for correcting me. I thought $10 = 100pips.
Ya sure. I can give you the $45,000.




....from my demo account.LOL

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