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 how to invest silver in malaysia

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myvi5949
post May 21 2010, 10:41 AM

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silver prices are kept artificially low by jp morgan.. it may well outperform gold in the long run. U can buy from public gold, but the price is usd6 over spot price.

edit: found this website. can compare prices..is it cheaper? http://goldsilvermalaysia.com/sg/

This post has been edited by myvi5949: May 21 2010, 11:50 AM
myvi5949
post Jun 2 2010, 05:42 PM

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QUOTE(cybermaster98 @ Jun 2 2010, 09:15 AM)
My question still isnt answered. Where do i buy physical pure silver in Malaysia? Which bank sells? How much for a 1kg block now?
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Dude u dunno how to read previous post? sweat.gif sweat.gif

and btw.. its stupid to buy 1kilo block silver. u wont be able to sell it if hyperinflation scenario come. buy the 1 ounce or 10 ounces only.
myvi5949
post Jun 2 2010, 11:38 PM

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QUOTE(cybermaster98 @ Jun 2 2010, 05:44 PM)
If u read carefully i said PURE SILVER
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dont invest in something u dun know much about..do ur research first before parking ur money.
there is no PURE silver in a true sense of a word. The highest purity is usually 99.999 for fine silver and gold bullion.
and if u want buy from ebay, dont fall for scam people selling clad silver or sterling silver or 100mill silver. those are fakes. buyer beware.

This post has been edited by myvi5949: Jun 2 2010, 11:43 PM
myvi5949
post Jun 3 2010, 07:34 PM

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Thanks for the info.. very helpful.
myvi5949
post Jun 7 2010, 12:24 PM

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QUOTE(SeeD @ Jun 5 2010, 03:20 PM)
Why are most traders selling silvers at 20+ USD while the market price is at 17 USD ?

Is there any reason for that?
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because the 17 USD is the market price.. it do not include spread.. which is the handling and shipping cost. Coins are more expensive because it has face value and the cost to make coins is higher compared to bar. Some coins has intrinsic collectible value.

btw anyone bought from ebay shipped to Malaysia before? Will the customs tax the silver once it arrive?
myvi5949
post Dec 26 2010, 08:06 PM

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QUOTE(hanifw @ Dec 25 2010, 06:19 AM)
nubex.com.my ~
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rm200 for one ounce silver.. twice the spot price of silver. thats a ripoff.

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