300 a month is enough for you to get at least 2oz every month, go for low premium silver bars and rounds =)
numismatic coins are ok too but will cost you a little more than 300.

thanks for sharing Quinn!
Keep it coming.

So basically now is the downtrend of silver and major support at USD30. If its broken, maybe can go lower to USD26. Resistance is at USD33.
Time to prepare the money and wait for opportunities

come down lower! then can get more cheaper. for newbie its better

again, thanks Quinn for sharing!
Quinn has always been a good and generous teacher to share his knowledge. He has helped me in my silver technical analysis and I have learn many things from him and his group. Ichimoku is a serious knowledge to be learned, too bad I couldn't afford the time to learn more in depth

Wishful thinking friend.

Choose a day in a week, or a week in a month, close your eye, and buy. Your buying cost over a period will be as good as the person who stare at the screen every minute to determine the best price to strike.

Sorry, no silver investment for me because physical silver can tarnish with time and I hate to polish this metal, period.

This post has been edited by MOBAJOBG: Dec 14 2011, 01:11 PM

1. thank U for the book i will take a look at it.

2. let me make it clear to all forumer, I don;t believe in dooms day prediction on exact date.

What I believe in is PEAK OIL and its implication that lot of people don;t understand and completely ignore it until it's too late. Thus, I rarely invest in property & stock due to PEAK OIL. for more info on peak oil go to

http://www.peakoilandhumanity.com/chapter_choice.htm

What I worry most now is possible WAR in IRAN?
what I strive for is low energy lifestyle. Anything that lead to low energy is a contradiction in present economy model.
if one has a business model on it, it may be successful but hated by most in the process of implementation.

Good, start by buying a Hybrid Car to save fuel and minimize polution. Target monthly reduction of electricity, as it is possible as my monthly electricity bill had dropped from RM2,500/month to RM800/month.

...while mine is ~RM50 per/month and I thought it's quite high already. Oops!

This post has been edited by MOBAJOBG: Dec 14 2011, 01:43 PM

what i mean is when it comes down, i can buy extra, i didn't mean save the money and wait for it to come down to buy. Its just like u say just use averaging. I also believe there is no need to wait for the right price

hehe, good info! i was wondering the same what to save up when the world economy collapses. So do we shift to Cameron Highland since plenty of vege there


lol, mine is rougnly RM25, trying to reduce to less than RM20 so no need to pay but hard since my wife and child don't really off the lights when they don't it no matter how much i tell them...sigh
already change all the lights to save electricity still cannot. need to stop to use washing machine and hot water then only can i think yet don't want to torture them...haha

Low energy lifestyle should be more actively promoted as not many people really care about what they can do to adopt such lifestyle, perhaps energy is still too cheap to motivate them to be thrifty/effecient in energy usage. And, people generally do not really undersand what is low energy lifestyle, they never thought about everything and anything manufactured in this world requires energy, cleaning up pollution also takes energy, etc etc. By understanding low energy lifestyle, everyone of us can do a little to contribute to delaying (or possible to avoiding) this economic and social calamity caused by Peak Oil.

Anyway, back to silver......

Silver tarnish is not really a concern when we are keeping silver bars and rounds as it does not affect the value of silver that much, if not at all. It is only a big concern when we keep special items like MS69-MS70. So if we are getting physical silver but concerned about tarnish, just buy bars and rounds. Low maintenance, requires no special handling and care, and low premium.

want to ask if its normal for silver bar to have black spots on it like fungus

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Added on December 14, 2011, 3:06 pmgold thread truly is terrible, nobody bothered to answer question. all they talk about is price this and that. they're just trader. no wonder gold is boring not like silver. this thread is still the best in whole forum for me. the people here is very nice

anyway anyone here know if its true whether can buy cheaper gold at bank negara. i know, i just google it and nothing there. just want to confirm. my mom heard from another friend can buy there. so many wrong info

This post has been edited by kei18kun: Dec 14 2011, 03:06 PM

1oz Maple Leaf Gold in UOB is one of the cheapest.

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Added on December 14, 2011, 3:35 pmThen you are not only wasting your time here, you are also dampening the enthusiasm of the Silver as Investment forum folks here, who mainly talk about physical silver, period.

This post has been edited by taurusbull: Dec 14 2011, 03:35 PM

Today I learned 2 new things in LSGG/Silver Thread here..

1. Land for palm oil/durian
2. Peak Oil

Thank you.. I think I am more enjoying the learning here compare with my uni's engineering subjects LOL.

I had said it earlier, to prepare for GoldChan worries, go for the following assets in decending order.
1) Land to plant food.
2) Silver/Gold
3) Non US Stocks on Utilities, Energy and Commodities.
4) Swiss Franc
5) ??

The problem that will arise later is whether is there any seller gonna sell at that price?

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Added on December 14, 2011, 6:05 pmNot normal if the bars were to grow fungus.
But I think the black spot is the oxidation rather than fungus.

This post has been edited by chunyen2020: Dec 14 2011, 06:05 PM

not china currency?

5. Lots of batteries? Am quite sure there will be people who are willing to exchange with their gold/silver that time.

Anyway, if fiat money is to collapse in the near future, we may not have to wait till oil approaching exhaustion to experience Peak Oil scenario, oil and everything else would become too expensive to common folks who are not well prepared, economic and social unrest could just happen then.

The above list is for longer term preparation, and we here at least already started with item #2. If fiat collapse or Peak Oil is drawing near, then we need to really look into item #5 and other sundries and supplies.

Ha!... preparing to buy in some 10oz silver bar... let's see what happen next. If goes cheap enough can even consider to buy kilo bar.

Really can see USD26 soon. Haha..