i can find more at RM138/oz for 10oz dragon

Go ahead take any of my posted articles, do your home work, and challenged the facts given , and I will give you my reply, point by point after my family holiday next week.

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Added on December 3, 2011, 12:33 amGood. Keep it coming.

This post has been edited by taurusbull: Dec 3 2011, 12:33 AM

frankly speaking, there isnt too much of information targeted for malaysia silver market (apart from this forum), thats why i have started my website Silver in Malaysia. hopefully i could provide some good information specifically related to silver market in malaysia. one of the articles that i wrote specifically for malaysia silver market is Silver Price in Malaysia. it might not be professionally written but i hope this serves as the first baby step to provide more information related to silver specifically for malaysians.

This post has been edited by property101: Dec 3 2011, 12:39 AM

all.. calm down~have a nice view of my new arrival.. Dragon 2012 1oz Silver Rectangle Four-Coin Set~

I am not questioning the validity of your articles, just are your views of silver solely base on US market or Malaysian market?

Yes, I personally feel that for silver to be successful or gain more attention than gold is when Malaysian market evolve to how US market works. Many people may not like silver due to it being difficult to liquidate as easily as gold.

Why would it be so hard to sell a 1kg silver compared to a 1oz silver? Its still silver after all right? In fact many US article are mentioning how silver is performing better but if you cannot dispose your stock how are you going to get your investment back? Until we see bank willing to bring in silver investment scheme, I don't think silver will be an attractive precious metal. I know physical is better than paper, but if we are going to buy physical and sell it later when we see silver rises in price, aren't we still tightly hung onto the failed financial system?

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Added on December 3, 2011, 1:03 amGot mine too.. too bad they only gave me one set even though using 2 account to buy. Stupid me to use same address

Gonna buy toto with the number?

This post has been edited by quackpack: Dec 3 2011, 01:03 AM

to answer your first question, anyone can anytime start investing in 1oz silver, but not 1kg silver. not too many people can afford it. the middle working class are the people will move things (be it politics, goreng property, paper asset investment, or PM investment). and the fact is not too much of middle working class can afford to buy 1kg silver bar. they are more likely to buy 1oz, therefore it's easier to buy & sell and being preferred by the majority.
generally i agree with what you shared, unless silver investment scheme gets more common and has higher liquidity, silver wont be as famous as gold. i know, that sux

This post has been edited by property101: Dec 3 2011, 01:20 AM

@quackpack

yeah... nice number!!

Since you ask the second time, and being polite I will answer you then.

All long term scenario were based on oversea, and mainly US gurus' commentaries, as there are no real precious metals expert in Malaysia. Following advice from cut and paste author will be suicidal locally.
All short term facts are based on empirical local experiences gathered from talking with old timers, not necessary experts, and analysing information gather from this forum, sls and local websites, filtering out fictions from facts.
Use your own brain to process informations, and executing own hypothesis test on unanswered questions.
Utilizing 43 years of trading experience to understand a simple commodity like silver is a no brainer for me.
Finally spending 600 to 800 hours Googling for all informations regarding silver over last 3 months.

We are converting our paper money to get silver for some reasons. And most of these reasons are related to "profit", "value hedge", "financial collapse / social insecurity". But don't forget the fundamental reason behind all these reasons is that we are trying to preserve or increase our ability to get the goods and services we want in future.

And we all make our own decision and form our own strategy. In the end some of us will do better than the other. There may be the best strategy that would eventually proven to give the best results, but as long as we achieved what we want to achieve, and are happy with it, it may not be the best result that we could possibly achieve, it's still mission accomplished.

So just relax and enjoy the journey in our silver investment.

haha,actually,all of them sold out 2-3 days ago..

all numis coins cleared, and now time for me to start with low premium silver.

anybody wts sunshine or silvertowne 1oz?? do pm me okay..

if price ok,then i buy lah..hehe

One more thing to ponder on, even if banks start to accept silver investment scheme, will they buy back silver bars and bullions without a valid cert?

Well,

I guess you really do not give credit to expert in malaysia or asia PM expert. You do know that the largest consumer of gold (big brother of PM) is in india? and by the way, china is over taking everyone as the world largest consumer of all PM. US guru? well, like I said, what makes the thing they say as facts? Like quackpack said, property boom in singapore or US, doesn't affect malaysia. Silver price goes up USD 5 per oz, US unemployment rate improved, doesn't make a coin size dent in ASIA.

So I would say ASIA's point of view IS more important. If you are talking about old timer who knows more, well, looking small, GOLDCHAN is among on of the taikor here who has been in this for years, and prophetjul is equally long, so i guess their views are equally important.

I do hope you do not assume all the readers here are not using their brains, and to assume that having 43 years of trading experience in some other product might not make you instant expert in something else, I believe all of us learn till we are old, and not claim EXPERT, be humble and you get to learn more. I'm sure not many people around you will give advice like that to you, since you keep using the old, experience, know more reason to prevent learning of even more useful info.

Like cruzzie and I said, everyone makes their own decision, let them be, we are not newbies, let us decide what we want to do with our funds, why get upset when people do not listen to what you have to say? I mean, will you pay for our losses if we just follow your every advice? I'm sure if you have "guarranteed returns, guarranteed capital, no risk" scheme like those banks funds, we will all rush in and join your band wagon. Otherwise...

I know someone who googles for information for 8 years, but had no practical experience or expertise in the real thing compared to those who has been in the market for 2 years. you google silver is good! but you wouldn't google silver is bad! so all 800 hours of search is just to substantiate your train of thoughts. spend another 1,000 hours, it'll still be wasted if you are not looking at the right place. (Ha ha....hey everyone, don't shoot me, I didn't mean silver is bad, it was just an example, really...)

I used to trade in coffee beans and japanese cocoon, but I will not claim I know silver and gold after only 4 months, live is a on going learning process, do not let your age stop you from opening your mind.

chef

PS a reminder, let's not use dirty words or calling people brainless or name calling, civilized discussion only.

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Added on December 3, 2011, 10:47 amHa ha,

Great job, I WAS trying to relax, spend free time coming in and join some discussion and share beautiful pictures of silver.

Hey, nice bars, but the premium is too high, I was poisoned by you when you show the 9 colored coin set, now I'm going to RESIST!! ha ha... by the way, how much is it? you selling?? ARGH!! ...

chef

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Added on December 3, 2011, 10:55 amHi quackpack,

That was what I was started out as saying, that because of liquidity problem of silver bars in mlaaysia, I'm thinking of moving to gold, and I was right. (To be fair, for the current day, time and period) malaysia accept gold more readily than silver. I do see silver jumps higher and faster than gold because of the potential, but as most investor will tell you, buy some stock for long term gain, buy some for medium returns, and the rest for quick trading. Gold is for quick trading, 1oz silver bar is for quick trading (low margin and low volume). I think it's called spreading your investment portfolio, but this is the funds you set aside for PM, then you should have some set aside for property, and some for currency or shares...

Anyone disagree?

chef

This post has been edited by chef: Dec 3 2011, 10:55 AM

@chef

yeah ,, nice number coa i got too

i am selling if i get nice price too..~ let's pm

Hey guys, some great posting here .... thought i will write something before going for my workout.

One of my mentor mentioned this to me and i think it make sense. So i will share it here.

If you wanna buy gold, you can buy it anywhere in Malaysia. However, if you wanna buy silver, you have to search high and low, and still not find it! He said, today, silver may not be popular here, but it may get more popular in the future.

My take is ... IT (Silver) WILL. It is heartening to see that we already have a few local authors writing about silver. If you look at Popular Ad yesterday, they have a new book written by Dr Kong (or something). I went to Popular to look for the book just now. Unfortunately, they dont have that book at that branch. In place, is ANOTHER book on silver written by Ian (something, local chinese lad). So, that is 2 books. And i think there is also another book written by the young Jonathan guy. So, in a short period, we have 3 books written on silver, perhaps more, i am not sure.

As silver investment gets more and more popular in Msia, perhaps not to far in the future, there maybe shops sprouting in town selling it (hopefully). (i think Annuar or something is planning to open a shop in Shah Alam this month) And you guys, who have been investing in it so much earlier, MAY benefit the most.

My personal take, something that is not popular now may not stays the same, everything changes and evolve, so does mankind.

Happy stacking ..... (if i am worried about disposing it within the next 2 to 3 years, then i will be sweating a bit more).

This post has been edited by chrischin: Dec 3 2011, 08:38 PM

Hmm... 3 books written by locals on silver alone, wonder what they write about. anyone care to get hold of it and summarize for us?

I sort of believe that, silver now is like APPLE 8 or 10 years ago. When anyone mentioned APPLE, every IT people knows it is good for desktop publishing and designing great graphics and for photo editing, but nothing else about it, looks like it is forever trailing behind the big brother windows or INTEL. And that's years ago.

How many of us have seen Iphone 1 or 2? it was in the market, but not so famous.

Now, APPLE name is in such great demand, with all other giant phone maker falling behind, APPLE had storm the world with their IPHONE and IPAD and IPOD. So that is what I had hoped for with silver, that one day it will shine.

Anyone seen a motorla mobile phone recently? 8 years ago, it was struggling, now? still struggling. Am I making a fair comparison? most likely no, but 1 thing I know, the future is not cast in stone,

Silver may one day flourish, when? not sure. How much it will gain? don't know. Calculated estimate? possible. But no guru can tell you the exact price it will be in exactly 1 years time. But what the law of averaging is trying to teach you is, that you must start now, and constantly buy, jump on the band wagon and get a piece of the action, be it bars or coins or grains, but once on it, know your set target price and be ready to sell (at least a part of it, not necessary all) when it hit your objective. It doesn't teach you to buy all now or buy later, expect it to reach a high point and sell all you have.

Am I right? or is my simple summary of "law of averaging" for this instant is wrong, feel free to comment.

chef

yeah i did saw that 2 book in popular bookstore..

one is written by Dr. and another is Ian.. I didn't buy it cause i was finding Mike's guide to investing in gold & silver published by richdad.

Although that's rectangular in shape, but actually it's a rectangular COIN..

another poison coming~~~

lunar series 2 Silver 1oz 5-coin starter set

2008 mouse, 2009 ox, 2010 tiger, 2011 rabbit, 2012 dragon (each limited mintage 300k)

I attended Dr. Kong's half day seminar that cost about RM300-RM400. It was a little disappointing.
His talk was not well prepared, and he was selling his over-priced silver bar. But since he is a Ph.D, I'm hoping his book would be better than his talk.

Chef,
You are not qualified to give me advice, and I wonder in which area I am lower level than you, please specify? I am not interested to be measured by your own convoluted moral yardstick. By your definition, anyone that uttered the word BS and crap are classified "low level", and I am very sure >90% of successful man/woman in business, career and NGO will be classified low level by your unique moral standard. I didn't know that Singapore had banned the words; crap and BS, and they are extending their "Fine" list for their citizen to follows.

In Malaysia, we will converse with our friends saying BS and crap quite offen and by your definition everyone in the world that uttered the words, BS and crap, are classified as "low level", and I wondered which reference books are you using, and I am sure it must be a jewel that common people are unware about it. In 1992, I had even advertised "Cut The Crap" to sell PCs in The New Straits Times, and the newspaper editor never even sanction me after multiple insertions. From the national editorial moral yardstick, how do you fare compare to The New Straits Times's editor? If your brain is so sensitive and your heart is easily broken, go back to your sanitized Singapore so that everything will be hanky-dory and to your liking. Yes, I liked to push back whenever people insinuated something I didn't do, and I had heeded Chris's timely message of compromise, but I quite enjoy you choosing to continue this tit-for-tat email war. If you want to sanction me from my freedom of speech, you can go ahead and sue me. If that is too civil for you, you can choose how we can settle this impasse. Time, place, method, civil or military, witnesses and audiences.

I had never claimed that I am a silver expert. If you can't show in any of my earlier postings that I claimed I am a silver expert, it prove that you are a compulsive liar. Exact words please, and not your convoluted interpretation and association.

Oh yes, I like to continue hearing the crap and BS, so that I can write back and it makes my day.

Keep the crap and BS coming, and I will reply every single one of them in a week time after my family holiday.

Sorry, I forgot the "brain" part: I had wrote my posting on the merits of investing in the 1 oz silver bar, and if anyone doesn't have the brain to understand, it is not my fault.