Dirhams
Advantages:
1) Legal tender currency used in most Islamic countries.
2) Intrinsic Islamic and Commercial premium.
3) Legal tender in Malayisa of 1 Dirham=RM25.
4) Silver denominations of 1, 2, 5,10 and 20 Dirhams, easy for barter transactions and exchanges.
Disadvantages:
1) Silver price of RM261.27/troy oz is more than 100% premium over retail physical silver bar
2) 1/10 oz silver round is RM17/pc with 4.6% more silver than 1 Dirham (RM25/pc)
3) 1/2 oz silver round is RM68/pc with 4.6% more silver than 5 Dirham (RM125/pc)
4) 1 oz silver round is RM120/pc with 4.6% more silver than 10 Dirham (RM250/pc)

I had just sold off my first batch of Fractional Silver Survival Change Package (1pc of 1/2 oz ASE Round + 5pcs of 1/10 oz ASE Round + 1 plastic container packaging) at RM153/set in LSGG.
The next shipment (in 5 weeks time) of the above Fractional Silver Survival Change Package will be sold for RM158/set, similar to what I sold the last one set in SLS at RM158/set.


If you go for pure silver and you need small fractional change, go for my above set.

If you go for pure silver and you don't need fractional change, go for 1 oz bar/round for the lowest premium.

If you need commercial and islamic consideration, still go for Dirhams.

This post has been edited by taurusbull: Dec 18 2011, 08:40 AM

ok. cya all tomoro. if want grilled dragon, i can make some for u. just get some lizard and grilled it. 31g can get u less than 5. haha

lolzz...just a typo and fast word then said me till like this.... lolzz....

Properties taikor sure shoot big2 one shot....

just joking with u, don't take it to heart

Happy Sunday! Wrote a post on MySmartGold.
If you heard of their name and not sure if they are good, this post might give you some idea.
Happy reading!
Here is the link again, MySmartGold - Silver in Malaysia

Panda really not cheap lah, I know someone loaded with bullets also don't dare to shoot at panda coins. It will take lots of time, money and care to buy, check and verify all panda coins bought are original.

I had consider it before, most likely I will aim for it when I finish my kooks collection.

chef

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Added on December 18, 2011, 7:18 pmSorry, almost missed your post, I skip a few pages, silver thread is alive and kicking...

No lah, those attracted to it are not women, they are gold diggers.

Hey, you already have very good collection of various types of numis coins, I think what you have can last you a life time...

Anyway, thanks for the recent sales, next time I will try to squeeze more time to have tea with you.

chef

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Added on December 18, 2011, 7:27 pmHi,

it looks like you had read the book, mind sharing what it says in a short summary? I'm getting too old and my eyes are not good reading e-books or normal books, will be great if you can share with the lot of us, we are all great learners and love good discussion.

chef

This post has been edited by chef: Dec 18 2011, 07:27 PM

Halo.... pls checked ur PM....

many thanks

Hey guy, something to share from an article.

"In 1950 there were 10 bn ounces of silver above ground available which was sufficient for 140 months of supplies but by 1970 available supplies were sufficient for only 70 months and by 1990 15 months and by 2010 11 months."

Today, silver is dipping again, could it be ready for a jump soon? major support level is USD 25 - 26. any comment?

Usually before a jump, it will break the support level by just a little, big institution will come in and buy cheap silver (major central bank who wants to swap lousy USD for PM), so a good time to buy should be near the support level. which, translate to RM, should be just below RM 100 per oz for bars and rounds.

chef

This post has been edited by chef: Dec 19 2011, 02:24 PM

great news indeed although i want it to drop more

hi everybody!!!

Hello Abi, welcome to the silver forum. Care to intro yourself?

hello, always at fb and not active here...

haha, there faster to chat plus more cool to hang out, the word i'll use is interactive

should make this more alive la, if not later lowyat chap lap how?

Now it's like waiting only.. Just wait...

keeping bullets for massive damage later

it will only chap lap when silver goes to usd 5 per oz; or went to 150 oz

within a month...

I don't think so, I think if the price goes to that extreme end, this place will be more lively!! it's the stagnant position of spot silver that is driving everyone nuts just waiting to see.

I'm still buying 20 to 40 oz on occasion. I'm thinking of sharing my purchase of pamp dragon silver bar with everyone at low price. Both 1oz and 100gram bars. Anyone interested?

1oz pamp dragon silver bar around RM 17X and 100gram around RM 6XX. It's sort of a group buy. limit to low qty per person.

It's not firm, just thinking out loud... PM me if you are interested.

chef

Would like to get one of the 1oz.
Sold out mine previously.