Our Facebook group page has a very lively discussion right now on the drastic silver price drop!
Btw, I have made a new post on one of the biggest precious metal seller in Malaysia: 1StopGold Malaysia
where I have bought several kilo silver from them

This post has been edited by property101: Dec 14 2011, 11:54 PM

28.87... 26 soon?

probably when u wake up it will be 26
tomorrow first thing to do, head to buy silver, not to the office

This post has been edited by property101: Dec 15 2011, 12:13 AM

Wow, the price as of my posting is USD 28+, that's crazy!! dropping to reach the price where everyone goes crazy a few months back....

Are we looking at below USD 26 this time?? great times a coming!!

chef

Well, this would be good news and bad news at the same time.
Good news, silver is damn cheap!
Bad news, everyone's salary hasn't been issued as this is the middle of the month.

according to many studies, use old small car is the best, the amount of energy needed to build a car will required a car to run for 100,000 miles b4 the energy investment is returned.
Hybrid car is net energy loss if you calculate the whole life-cycle of it unless U can get 250K km out of it.

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Added on December 15, 2011, 8:40 amwell for a start U can dig a well (10cm wide) if U have a landed property such as corner house or banglo.
investment RM5k. manual pump water supply.
the rest of the things I wish is it so simply.
in the end it's about people U deal with and those whom stay nearby u.

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Added on December 15, 2011, 8:42 amland for palm oil and durian is just for lazy investor.

This post has been edited by GoldChan: Dec 15 2011, 08:42 AM

I think kancil has the best consumption saving, we should all be using these for traveling within city proper. Anyone who owns a large car (especially an SUV) are just sucking up the world energy.

I don't think you can get a well easily, I was setting up a water collection system in my house, for watering my vegetable. which I think will only last us a few days. The seeds we have to buy a lot, charcoal? rice? I think we will never be able to prepare enough to last us thru a real crisis until PM becomes ready to take over as currency...

Well, at least I know I can trade durian with basist with some of my silver bars!! ha ha....

chef

Hey chan, what do you think of the current dip in price for PM? comment please?

Toyota Prius/Lexus CT200h/Honda Insight is giving 8sen/km, 9sen/km and 11sen/km respectively. Kancil is getting around 13-15sen/km. Who is talking? I am saving RM800/month on my petrol alone by driving a Hybrid car.

This post has been edited by taurusbull: Dec 15 2011, 09:25 AM

Have to consider battery price too..
Previously what car were you driving? RM800 of petrol?

I heard battery replacement for hybrid car is quite expensive..can share on that mr taurus since u are using hybrid car?

No local battery life history, but based on USA's Toyota Prius history since 1997, the typical battery life is about 10years. The Toyota/Lexus Hybrid's battery cost is about RM10,000, meaning estimated battery cost is about RM1,000/year, or RM83/month. We have a BWM 318 and Mitisubishi Grandis family cars, and the saving of RM800/month is when we add another Lexus CT200h Hybrid car, and the total family's petrol bill drop from RM2,000/month to R1,200/month.

If based on my company car before retirement, Mercedes S300, the saving should be >RM2,000/month, and of course it will be a David and Goliath comparison, similar to people trying to compare fuel comsumption between a 1800cc car and 660cc car.

I hope that answer your queries regarding hybrid car, whcih is only a stop gap technology, as the world is moving to PHEV, Plug-in Hybrid Electric Vehicle, and mass production expected the next 2 to 5 years when the charging stations infrastructure are ready country by country.

Silver has completed its cycle AB=CD. Time to evaluate what it wants to do next around the level $28.6


Attached thumbnail(s)

battery life span dependent on local temperature. Malaysia is hotter so the battery will have a shorter life-span, some said 3 years some said 8 years.
consider luck lah.


for more reading
http://www.google.com/cse?cx=0061928344167...0car&gsc.page=1

Plug-in electric :- this one will not happen in most part of the world.
petrol station take years to develop.
gas station until now only limited to Klang valley not nation wide.
U add another Plug-in, there is no ROI in the infrastructure cost.

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Added on December 15, 2011, 11:28 pmi got the exact figure now.
http://www.wired.com/autopia/2008/05/the-ultimate-pr/


As Matt Power notes in this month’s issue of Wired, hybrids get great gas mileage but it takes 113 million BTUs of energy to make a Toyota Prius. Because there are about 113,000 BTUs of energy in a gallon of gasoline, the Prius has consumed the equivalent of 1,000 gallons of gasoline before it reaches the showroom. Think of it as a carbon debt — one you won’t pay off until the Prius has turned over 46,000 miles or so.

There’s an easy way to avoid that debt — buy a used car. The debt has already been paid. But not just any used car will do.

It has to be something fuel efficient. Like, say, a 1998 Toyota Tercel that gets 27 mpg city / 35 mpg highway miles. The Prius will have to go 100,000 miles to achieve the same carbon savings as the 10-year-old Tercel. Get behind the wheel of a 1994 Geo Metro XFi, which matches the Prius’ 46 mpg, and the Prius would never close the carbon gap, Power writes

This post has been edited by GoldChan: Dec 15 2011, 11:28 PM

Nice explanation, learn something today.

Anyway, I USED TO DRIVE A BMW X7, my petrol consumption easily RM3k monthly. Wow, stupid me, not very environmentally friendly and very show off, and it's my own car, not even my company car ... so now downgrade to a lousy car, still I think I am not doing enough. I should start riding a battery powered bike, and use solar charger to charge my battery.

But what you said have merit, we should measure carbon debt and start paying off, one person at a time. off the aircon, start taking public transport, and we all do our part.

Anyway, enough about energy and expensive lifestyle, like a previous post mentioned, this IS a SILVER INVESTMENT thread. Hey goldchan, can you PM me where I can read up something about carbon debt?

chef

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Added on December 16, 2011, 12:37 amWell, it's just hovering and doing nothing much today. I guess you are right in that sense. Anyone with bullets left should put a few rounds into it now and poise for more...

How about you yourself quinn?

chef

This post has been edited by chef: Dec 16 2011, 12:37 AM

Bear in mind that more than 90% of electricity in Malaysia is generated from carbon fuel. So, it is about how much energy are we using that matters. As for the type of energy, hope the scientists can rapidly improve the technology of various renewable energy generation, to make them more economical, requiring less energy to build, and operating at high efficiency. And hope their work will not be stopped or hijacked by the oil giants.

This post has been edited by cruzzie73: Dec 16 2011, 02:38 AM

there is no other option other than oil. once oil run out,, civilization will go backward 20-40 yrs.
U name it I will fight back stronger than a bull.

we need 3-5 einstein to solve the fussion vs fissile problem then only we can have star trek. energy from water. thus not possible cause einstein only comes every 200 years.
Newton then einstein.

else /most likely be ready for
1950s, 1960s lifestyle.

Sorry guys, off topic for a sec. Please advise where I can small packets of buy silica gel. Those that change colour better if not ordinary ones also ok.

Thanks.

what is the purpose u want to buy? You could buy it at those camera shop which selling DLSR. If you want long term place in a dry place, i would suggest you to buy a dry box which cost you around RM150 for the small 1. If you area dont have camera shop, you could go to the supermarket and get the 'hippo' or 'hyppo'. But i need to know what is the purpose you want to buy.

What I mean is, whether we switch to using electric or continue to use petrol, it doesn't help much because most of these energy resources are from carbon based fuel and they will run out one day. And no need to fight like a bull, it doesn't help much either.

Maybe i'm more of an optimist, i still believe that if mankind is to gather the resources and work hard, we can improve things. Technological breakthrough may not come easily but we certainly can improve, provided mankind is willing to put in huge resources for research. Imagine if oil giants are fully in support of renewable energy research, how much more can the scientists do. Question is, why they want to do that? They are in the energy exploitation business, while fussion-fission technology is more for energy storage & transfer, don't think they want to go into a battery business. Renewable energy if successful, may provide various sources of energy but that would mean they lose the monopolistic nature of the business. It's all about business......

Just an optimistic hope that one day, they will find ways to benefit from all these researches and start supporting them fully.

And if not, if the current situation continue its course, like Goldchan said we may move back 30-40 years, or more. And in the process of moving backwards we will see economic calamities and social unrest.

hmm..... we are way out of topic now.

How much you need it?
The sillica gel is easily available when you buy shoes, dried foods.