QUOTE(shadowxe957 @ Jul 31 2011, 11:50 PM)
Hi everyone,
From recent post I discovered most of you are badmouthing to Aurumainternational. I really do not understand y need to attack one party. I can only say that if u r looking for bad news about the co. then u get what you want. if u look from good side then u get what u deserve as well.
It doesn't really matter it is MLM, direct marketing or whatever marketing strategies. n if your company maketing strategies is dif from others and ppl also badmouth about ur company. how you feel?
Overall, I mean you can discuss about silver-related info, but hope you all avoid to attack one party with or without intention.
this is only my personal poin of view, please do correct me if i've done sth wrong.
Regarding to the commission, my friend is the Auruma insiders. so they only pay 0.5% of the sales. so the agent sell $100, then they only get $0.5. if you think this is scam, you better sue or attack goldsilver.com as well.(they have the similiar commission based sys)
Hi shadowxe957,
Please do not get me wrong. My point is saying that if you want to invest purely in physical silver, auruma is not a good choice considering the MLM scheme they have put in place. If you want to start up your own business then that could be a platform for you. Just a very simple theory! Investors will always want to get silver at good price for investment

Added on August 1, 2011, 11:06 amQUOTE(spikyz @ Aug 1 2011, 07:28 AM)
Btw i found out that coin seller in Malaysia usually up around 40% from spot price. For example, during time i bought silver coin, the spot price is 40usd=120MYR, and the seller are selling maple around 168MYR which is exactly 40% above spot price. Okay i know that custom tax is 15%, but where does 25% comes from? the mintage and transportation cost? could someone share info how the breakdown is? anyway 25% seems okay actually..haha but im just curious to see how the calculations are.
and 1 more question regarding perth mint.
1. If we buy more than 300AUD, the postage will be free? and how much they selling the normal silver coin (let say maple or phil) above spot price? is it worth it to get it from them? is it cheaper than buying from them rather locally?
Actually we have to focus more on the spread rather than the premium.
SPREAD = Difference between buying and selling price
For instance:
Maple is selling at RM160 at the spot of USD 39.50. The spread given by the seller is 15%
SELLING OUT:
(SPOT * EXCHANGE RATE) + PREMIUM
= (USD 39.50 * 3) + 35%
= RM160
BUYING BACK:
RM160 - 15%
= RM 136
This means that even the seller is selling at 35% above spot. But in actual, you're only paying for 15% spread. The tip is,
check out the spread from the seller you buy from. They will already have the formula.
This post has been edited by magpie9: Aug 1 2011, 11:10 AM