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

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SGKSY
post Oct 4 2011, 09:24 AM

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QUOTE(jian5481 @ Oct 4 2011, 09:21 AM)
And...it's not available anymore...for 1oz
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nvm, just wait. there are still many other dealers
GoldChan
post Oct 4 2011, 09:30 AM

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QUOTE(SGKSY @ Oct 3 2011, 08:08 PM)
i don't think it is limited mintage item. now is still 2011. but i sure will buy some and i think PAMP will release new design every year to make them a series product.


Added on October 3, 2011, 8:11 pm
panda no mintage lah, bank of china will increase the mintage one. 2010, increased from 800k to 1.5m, 2011 increased from 3m to 6m.  very hot item.
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well, although limited mintage will push the price of the item to very high. It 's not a wise move as it will encourage counterfeit product. One way is to increase the mintage let the general public and collector to have the chance to own panda and yet maintain a reasonable numismatic value which enable the mint to earn some decent profit, collector to pay a slightly decent premium to own one. and discourage counterfeiting since the premium is not that high.
However, there is nothing can be done for precious year panda where the mintage is low. expect to pay high premium for it and beware of counterfeit product.


Added on October 4, 2011, 9:31 am
QUOTE(paogeh @ Oct 3 2011, 11:25 PM)
HSBC - online - RM25 (RM40K limit/day)
          any branch - RM45+6  (no limit , but the officers/bank staff might ask u alot of questions if TT large amount of $)
so far, i think HSBC offered the best forex rate,
any bank does better ?
*
HSBC got limited branch. quite a hassle to ask customer to bank-in to HSBC.


This post has been edited by GoldChan: Oct 4 2011, 09:31 AM
SGKSY
post Oct 4 2011, 09:45 AM

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actually, i was thinking to buy 1oz pamp gold bar and 50 1oz pamp silver bar. but just found that the premium of silver bar is 18usd and gold bar is 154 usd.

from perspective of investment, not worth to pay so high premium to buy a bar. It is not even a currency. If apmex got sale, i think i will still buy 1 or 2 pc, just for collection purpose......
prophetjul
post Oct 4 2011, 09:48 AM

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QUOTE(SGKSY @ Oct 4 2011, 09:45 AM)
actually, i was thinking to buy 1oz pamp gold bar and 50 1oz pamp silver bar. but just found that the premium of silver bar is 18usd and gold bar is 154 usd.

from perspective of investment, not worth to pay so high premium to buy a bar. It is not even a currency. If apmex got sale, i think i will still buy 1 or 2 pc, just for collection purpose......
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Yes
The premium is too high for a bar.....its not exactly numis.

Restricted mintage makes numis all the more valuable......even if some are made of copper nod.gif

Its nice just to have one or two
jphlau
post Oct 4 2011, 09:58 AM

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QUOTE(prophetjul @ Oct 4 2011, 09:48 AM)
Yes
The premium is too high for a bar.....its not exactly numis.

Restricted mintage makes numis all the more valuable......even if some are made of copper    nod.gif

Its nice just to have one or two
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prophetjul, do u have any problem getting into perthmint?? keep on generating an error for me..
8181
post Oct 4 2011, 10:02 AM

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QUOTE(jphlau @ Oct 4 2011, 09:58 AM)
prophetjul, do u have any problem getting into perthmint?? keep on generating an error for me..
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Same here from Philippines. I think everyone is going for the Australian Lunar Silver Coin Series II 2012 Year of the Dragon Typeset Collection. rclxms.gif
jphlau
post Oct 4 2011, 10:03 AM

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QUOTE(8181 @ Oct 4 2011, 10:02 AM)
Same here from Philippines. I think everyone is going for the Australian Lunar Silver Coin Series II 2012 Year of the Dragon Typeset Collection.  rclxms.gif
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ya.. i give up.. going for breakfast to cool down...
cruzzie73
post Oct 4 2011, 10:03 AM

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QUOTE(SGKSY @ Oct 4 2011, 09:45 AM)
actually, i was thinking to buy 1oz pamp gold bar and 50 1oz pamp silver bar. but just found that the premium of silver bar is 18usd and gold bar is 154 usd.

from perspective of investment, not worth to pay so high premium to buy a bar. It is not even a currency. If apmex got sale, i think i will still buy 1 or 2 pc, just for collection purpose......
*
PAMP has always fetched high premiums due to its name, its perceived status, and its serialised and comes with cert. When we sell back to the market, we can sell at high premiums too.

Likewise for coins, whether its a currency or not, it doesn't really matter because the material itself worth much more than the face value. But it fetches higher premium than bars because of its perceived numismatic value. When selling back to market, we can sell at higher premiums. For limited mintage, we can increase the premium more as we keep longer.

Minted bars are closer to spot, its good for investers who are interested in the value of silver only. After all, if fiat currency does collapse, the world economy will be so bad that the world may run into chaos. When economy is so bad, silver is just silver, regardless whether its PAMP, limited mintage coins, or bars. Coz nobody would have the extra money to buy the numismatic value or the perceived higher value for premium brands.

If you want to go even closer to spot price or even below spot price, look for generic bars/ingots, silver rice, etc. But you need to know the silver market real well coz you're running into higher risk stuff. And you probably need to be able to fork out much larger capital for this kind of investment. And, liquidity is also an issue when you want to sell back to the market.

This post has been edited by cruzzie73: Oct 4 2011, 10:20 AM
Nidz
post Oct 4 2011, 10:10 AM

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QUOTE(8181 @ Oct 4 2011, 10:02 AM)
Same here from Philippines. I think everyone is going for the Australian Lunar Silver Coin Series II 2012 Year of the Dragon Typeset Collection.  rclxms.gif
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1 per customer, but already unavailable...... doh.gif
SGKSY
post Oct 4 2011, 10:12 AM

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QUOTE(cruzzie73 @ Oct 4 2011, 10:03 AM)
PAMP has always fetched high premiums due to its name, its perceived status, and its serialised and comes with cert. When we sell back to the market, we can sell at high premiums too.

Just like coins, whether its a currency or not, it doesn't really matter because the material itself worth much more than the face value. But it fetches higher premium than bars because of its perceived numismatic value.

Minted bars are closer to spot, its good for investers who are interested in the value of silver only. After all, if fiat currency does collapse, the world economy will be so bad that it is in chaos. When economy is so bad, silver is just silver, regardless whether its PAMP, limited mintage coins, or bars. Coz nobody would have the extra money to buy the numismatic value or the perceived higher value for premium brands.

If you want to go even closer to spot price or even below spot price, look for generic bars/ingots, silver rice, etc. But you need to know the silver market real well coz you're running into higher risk stuff.  And you probably need to be able to fork out much larger capital for this kind of investment. And, liquidity is also an issue when you want to sell back to the market.
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agree all you said. But to me, it is just collector item. I don't even have silver fortuna silver bar, haha.
jphlau
post Oct 4 2011, 10:25 AM

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QUOTE(Nidz @ Oct 4 2011, 10:10 AM)
1 per customer, but already unavailable...... doh.gif
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ya.. so frustrated.. managed to add one to shopping cart but cannot pay it.. now it's too late...
chef
post Oct 4 2011, 10:28 AM

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QUOTE(cruzzie73 @ Oct 4 2011, 10:03 AM)
PAMP has always fetched high premiums due to its name, its perceived status, and its serialised and comes with cert. When we sell back to the market, we can sell at high premiums too.

Likewise for coins, whether its a currency or not, it doesn't really matter because the material itself worth much more than the face value. But it fetches higher premium than bars because of its perceived numismatic value. When selling back to market, we can sell at higher premiums. For limited mintage, we can increase the premium more as we keep longer.

Minted bars are closer to spot, its good for investers who are interested in the value of silver only. After all, if fiat currency does collapse, the world economy will be so bad that the world may run into chaos. When economy is so bad, silver is just silver, regardless whether its PAMP, limited mintage coins, or bars. Coz nobody would have the extra money to buy the numismatic value or the perceived higher value for premium brands.

If you want to go even closer to spot price or even below spot price, look for generic bars/ingots, silver rice, etc. But you need to know the silver market real well coz you're running into higher risk stuff.  And you probably need to be able to fork out much larger capital for this kind of investment. And, liquidity is also an issue when you want to sell back to the market.
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Well put,

I think this summarize all that is asked of, "should I buy coin or bars? which bar is more in demand?" that kind of question, provided those newbie really study and understand what your posting meant. I'm sure there are other post saying the same thing, but sometimes people just don't read previous post.

Like me.... ha ha... Arrsoo told me before, that it took him 2 weeks to read all the posting in v1 (for 50 pages) imagine now there's v2... sad.gif

Anyway, while the world is still functioning, I'll like to keep the dragon pamp bar as a replacement for fortuna bar.

chef


Added on October 4, 2011, 10:30 am
QUOTE(jphlau @ Oct 4 2011, 10:25 AM)
ya.. so frustrated.. managed to add one to shopping cart but cannot pay it.. now it's too late...
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Ha ha, sounds like a scene from some disastor movie, where everyone fighting for the last loaf of bread or can of luncheon meat... smile.gif

I'm sure it will be avaiable later. somewhere..

chef

This post has been edited by chef: Oct 4 2011, 10:30 AM
SGKSY
post Oct 4 2011, 10:35 AM

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i am very sure apmex will sell the pamp dragon bar, they have every new and hot products in the market. but not sure if the price will be higher than pre-order price of bullionmoney. But i don't expect they sell cheaper than bullionmoney, just see their 1oz dragon's selling price, you can guess.
kakiayam
post Oct 4 2011, 10:36 AM

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besides of gold and silver, this is my new investment tongue.gif

user posted image
Nidz
post Oct 4 2011, 10:38 AM

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QUOTE(kakiayam @ Oct 4 2011, 10:36 AM)
besides of gold and silver, this is my new investment  tongue.gif
» Click to show Spoiler - click again to hide... «

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i think we need new thread for copper...
later newbies will come and ask which bank have "paper" copper investment account... doh.gif
haha
SGKSY
post Oct 4 2011, 10:40 AM

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QUOTE(kakiayam @ Oct 4 2011, 10:36 AM)
besides of gold and silver, this is my new investment  tongue.gif

user posted image
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where did you buy it ? ebay ? last time, i thought of have a collection of gold , silver, copper, iron, and zinc
kakiayam
post Oct 4 2011, 10:42 AM

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i bought directly from US, the shipping cost is so damn high!! 3kg copper cost me USD29.95 for shipping fee
SGKSY
post Oct 4 2011, 10:43 AM

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QUOTE(Nidz @ Oct 4 2011, 10:38 AM)
i think we need new thread for copper...
later newbies will come and ask which bank have "paper" copper investment account...  doh.gif
haha
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don' think easy to make return from storing copper bar. The premium of bar is more than 50% of spot rate.
kakiayam
post Oct 4 2011, 10:44 AM

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QUOTE(Nidz @ Oct 4 2011, 10:38 AM)
i think we need new thread for copper...
later newbies will come and ask which bank have "paper" copper investment account...  doh.gif
haha
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for me i didnt hold any paper assets because i clearly know that what is my purpose of buying gold and silver. Yes for short term i can go for paper assets and earn some money to buy physical 1 but paper assets is not a long term investment for me.
SGKSY
post Oct 4 2011, 10:44 AM

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QUOTE(kakiayam @ Oct 4 2011, 10:42 AM)
i bought directly from US, the shipping cost is so damn high!! 3kg copper cost me USD29.95 for shipping fee
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provident metal ?

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