If you guys had enough money to buy either 1 oz. of silver every month or 1 gram of gold every month. Which would you choose for fast investment and to make quick money?

VERY NICE

---

Added on July 5, 2011, 10:26 pmSilver. Mainly because 1gram of gold seems like buying dust. 1oz of Silver you get to play with it. More worthy for the bucks.

As for quick money, I don't think there is quick money to be made via Precious Metals. Precious metals is about slow and boring gains.

This post has been edited by 3think: Jul 5 2011, 10:26 PM

Oh okay. But 1 gram of gold is more expensive than 1 oz. of gold. Lets say for fast investment, which would be better?

what's your definition of FAST? fastest would be magnum 4D.

true. B4 the industrial age, most of the things does not yield any interest. Interest is forbidden in religion.
Then come in the banker who introduces the notion of giving interest.
Giving interest will lead to exponential growth which can only be supported via exponential use of resources.
but resources are limited, thus interest cannot grow that far if it's implemented properly and honestly.

If it goes too far, then it is not interest but inflation via the printing press.
Thus, 4 me, I will trust 5000 yrs old monetary system which is gold & silver rather than government.

B4 the creation of Federal Reserve 1914, the price of most item remain the same for 200 years in United State.
1 oz of gold is about USD20/- and remain more or less the same for 200 years with exception during the civil war.
House price remain the same for 200 years. If gold standard is followed, there is no inflation.

Why now house prices go up like nobody business, where all the money came from?

This post has been edited by GoldChan: Jul 6 2011, 10:43 AM

cool
btw, old question again.
does any1 know what is the different with 99.99% and 999.9 ?
or both are having same value to each other.
p/s Mxxbank(999.9) & Pxxxxxbank(99.99%)

Gold price was rather stable for 25+ years from late 70's or early 80's until around 2002-2003.

The recent spike in gold price has a lot to do cheap money available, new money creation.

QE1+QE2 = 1.x trillion of USD being created, which easily can be the major source of inflation across the globe.

After reading many topics and points highlighted by various posters, I detect an underlying view/belief that hard economic times are coming

As investors of precious metals, be they coins or bars , I wonder which coin or bar would be the last to be sold or traded.

The phrase "over my dead body". When they find your body, which coin or bars will be in your pocket?

This question answered so many times already... http://forum.lowyat.net/topic/1771874/+80#

Basically the more 9's the better, checkout these wikis
http://en.wikipedia.org/wiki/Millesimal_fineness
http://en.wikipedia.org/wiki/Carat_%28purity%29




This post has been edited by aaronpang: Jul 6 2011, 02:36 PM

totally two different companies with similar names?So BNM is not investigating Genneva[ Malaysia Sdn Bhd?

sometime we as a consumer need to be smart. If the company sell you a product for xyz and allow you to sell it back for xyz in 6 months, while in the meantime giving you some money to keep the products, you need to ask how does the company makes money to pay for its expenditures.

This post has been edited by jphlau: Jul 6 2011, 03:14 PM

Interest in making more money with online, view below site
http://www.OnlyInMalaysiaMah.com/?flyingsp...monster=EddyLee

This spells the ingredient for a ponzi scam. Sounded like Fed Reserved?

"There's a sucker born every minute" - P. T. Barnum

It is generally taken to mean that there will always be many gullible people in the world.

thanks!
actually I read entire topic also cant really find exact answer that's why posting this question again.
conclusion, is 999.99 = 99.99%
confuse man

If you have gold standard, then war will end very quickly because the $$ will run out very fast.
In 1933, during the gold confiscation in USA, US citizen were paid USD20.67 in exchange for 1 oz of gold.
Later in 1934, it was raised to USD35/oz given the government a fat profit.

it remains USD35/oz until the 1970 during the Arab oil embargo crisis when USA was busy with Korea and Vietnam war
France is withdrawing all the USD into gold at USD35/oz. Gold is fleeing the country.
Since US is engaged in so many wars, Presiden Nixon then stop the gold standard at USD35/oz
Then gold shoot up to USD140/oz in 1975 and peak at 1980/81 at USD800+/oz.

Then in 1987, the is a big stock market crash, that have changed some of the policy where
government is actively participated in stock market to prevent market from crashing again.
+ Derivative market. All the way up to the Dot.Com bubble lot of $$ was printed.

$$ will go to property, stock ,and Precious Metal lah.

Just a rough summary
>>

---

Added on July 6, 2011, 4:49 pmGold remain stable during the 25+ year because there are plenty of oil during the 25+ year.
Peak discovery of oil is in 1967 (if not mistaken), thus this lead to low prices in 1980s and 1990s (except during Gulf War).
Low energy prices will lead to growth in every sense.
E.g. Tourism :- cheap flight, more cars & trucks. Less train :- cheap petrol.
More fertilizer for agriculture :- more food, more agriculture commodity :- thus lowest price in commodities during 1980s.

So when oil price goes up, commodities also go up because oil fuel the commodities
Mining exploration need lot of oil /energy.
Agriculture needs lot of oil for fertilizer and transportation.
so gold stable:- real estate and stock goes up cause fuel by oil.

When oil disappearing, so will be the stock and real estate to some extend.
transportation becomes expensive, less car on the road, product can no longer be distributed widely. Implication is
enormous, no more globalization but localization.

This post has been edited by GoldChan: Jul 6 2011, 04:49 PM

Maybank Bangsar Baru have a new & shining stock of 1oz Kijang Emas.
Bought there today.

On a personal note, I realized that Kijang Emas has a premium over UOB's bullion coins. Like today, Kijang asking 4837 while UOB's Canadian Maples/Oz Nuggets are asking 4761. Come to think of it, Kijang will only probably known in the local market while the bullion in UOB's counter are more internationally recognized. Won't international bullion (eg. canadian maples, ozzie kangaroos, pamp suisse) have a better advantage over kijang in both value and recognition?

what do you guys think?

The same must be asked whether when you are buying gold is it because of the value of the gold or value of the premium the gold is holding?

IMO

Coins etc etc more for collecting something different or special, don't expect premium when selling back unless you are holding rare coin.

bar = close to intrinsic value

Wow! Beautiful. How much is it? Anymore for sale? I've a friend who collects panda items.

Hi, it's two different companies - Genneva Sdn Bhd (under investigation) and Genneva Malaysia Sdn Bhd (fulfilled all BNM's requirements).

I've answered a similar query at http://forum.lowyat.net/index.php?showtopi...post&p=41968170

Long and short of it, "Under suspicion" does not mean guilty.

Thank you for not making accusations.

---

Added on July 6, 2011, 10:07 pm
Nope. Having fulfilled all BNM's requirements, Genneva Malaysia Sdn Bhd is a LEGAL entity.

This post has been edited by PatEagle: Jul 6 2011, 10:15 PM