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 Silver as investment V2, Don't cry, buy now.

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TSchunyen2020
post Mar 14 2012, 11:09 AM

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QUOTE(jeenhao @ Mar 14 2012, 07:27 AM)
Yea. I like it  drool.gif

By the way, which one is the best starting point for beginners?
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I would say low premium bars and rounds are the best, such as Silvertowne, apmex, morgan, sunshine, scottsdale. So far these five are the common one that we can find in Malaysia and easy to liquidate in M'sia market.
TSchunyen2020
post Mar 14 2012, 04:25 PM

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QUOTE(Jutawan @ Mar 14 2012, 03:20 PM)
Is Dirham Kelantan Silver a good buy to keep? The price maintain RM25/dirham for now.
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I think this issue has been raised for a couple of times.

Dirham's premium is way too high, almost 100% over the silver spot price.
If you wanna invest or go for value preservation, you should go for lowest premium items.

Dirham is for Islamic purpose and transaction currency. Not really for investment.
TSchunyen2020
post Mar 17 2012, 11:05 AM

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QUOTE(jeenhao @ Mar 17 2012, 08:07 AM)
Thanks for the info  notworthy.gif


Added on March 17, 2012, 9:12 amAfter learning and searching for weeks, I come out with these few options. Hope someone can narrow my option or suggest me something...

1oz Australian Koala 2012 / 2011
1oz Canadian Maple 2012 / 2011
1oz American Eagle 2011
1oz Australian Kookaburra 2012

1oz Morgan Bar
1oz APMEX Silver Bar
1oz Sunshine Minting Silver Bar

Which one is a good start?
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Well, from what I can see RM700 could at least buy you around 6 silver bars with some little cash left.
Basically any low premium silver bar is accepted widely at Malaysia, such as morgan, apmex, sunshine, scottsdale.
Koala and Kooks has collector value while eagle and maple don't seem to have any collector value.
eagle and maple are just normal bullion with unlimited mintage while kooks are 500k mintage.
koala is also unlimited mintage but normally its mintage number hits lower than 500k.
My suggestion would be go for normal bars only. Coins is better to buy in tube, IMO.

There are people claimed that legal tender is easier to liquidate because it's recognized by government.
TSchunyen2020
post Mar 19 2012, 08:53 PM

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QUOTE(Freakia @ Mar 19 2012, 07:44 PM)
Greetings everyone, im new here. Im starting interested to invest in silver after reading this thread. But 1 thing in my mind, PAMP Suisse silver bar is far expensive compare to other silver bar. It is wise to invest in PAMP Suisse silver bar? Besides, any suggestion where to buy this kind of bar? ( i mean trust able seller ) Thanks in advance.
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IMO, pamp suisse 1oz bar are not meant for investment, it's rather a collectors item.
Premium for the 1oz bar is too high, but its 1kg silver bar are quite affordable and the premium is quite reasonable.
Other normal bars such as scottsdale, sunshine, apmex and etc are more lower in premium.

For sellers, you can refer to page 1.


TSchunyen2020
post Mar 19 2012, 10:39 PM

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QUOTE(jayjay @ Mar 19 2012, 09:44 PM)
have to disagree here

Here is my take on rare item vs high premium mass silver vs low premium mass silver silver investment

Rare Item: Numismatic coins, collector coins, limited edition coins (keyword: limited in production quantity)

High Premium: More expensive to buy per Oz. Mass produced. Internationally branded and well recognized.
Examples: Generally any 999 silver coin (America Silver Eagle)

Low Premium: Cheapest way to buy silver, mass produced with little/no artistic value
Examples: Any silver bar, any silver round (1kg bar from Public Gold, Pamp Suisse bar)

Click to view table
[attachmentid=2746021]
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Not quite sure which statement you disagree. hmm.gif
Well, 1oz LF is not limited mintage, so I consider it as a high premium item.
IMO, any high premium items are for collection and not really for Ringgit to silver value.
Eg: Perth Mint 1oz Silver Lunar Dragon normal bullion (NIGHTMARE for everyone, luls)
Well, if you insist that limited mintage is for the rare items, then those examples i listed above are not high premium.

The table you listed is quite useful for the newcomers reference.
But IMO, the "Easy to find buyer" is very subjective, don't think high premium items are as easy as to be sold compared to the low premium items.
Maybe it's because you refer ASE as high premium items, therefore the statement is there.

Just FYI, ASE is not a high premium item. Check their prices at APMEX, ASE is just USD1 more expensive than low premium bars.
(Expensive or not is very subjective and I take USD1 as not so expensive.)

Cheers! smile.gif

TSchunyen2020
post Mar 19 2012, 10:53 PM

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QUOTE(jayjay @ Mar 19 2012, 10:43 PM)
for us to buy America Silver Eagle in Malaysia = more expensive than buying normal silver rounds,  normal silver bars

thats why i put ASE as 'high premium' icon_rolleyes.gif
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Yeap, because of the tax issue.
Pamp LF is around RM15X and ASE is around RM13X.
LF are high premium la.. haha tongue.gif

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