you gotta ask admin. they made it.

pity the newbies since they will miss out alot of things. well there will be other avenue for learning

its not a problem. knowledge is everywhere. seek, and it shall be granted upon you.

if not discuss here, discuss in LSGG also can...

Just curious about the Malaysian market on the Australian Lunar Series 2 Dragon coins.

I have a few at hand wondering if anybody wants them in Malaysia.

Well, it really depends on how much you are selling it. PM me if you are thinking of selling. The forum does not allow people to sell their silver with price here.

Anyway, you into silver investment? how did you come by the silver coins anyway?

chef

for casual reading, always feel free to visit my website Silver in Malaysia

Haven't reach the shores of Malaysia yet. I live in Australia that's why.

If enough buyers only I will ship the item.

special christmas eve post
Silver Investment Cycle - base on bubble chart we discussed earlier

Hi guys, Merry Christmas and a Happy New YEar to all ...

I wanna discuss the Gold Silver Ratio with you all,

I always hear / read that historically gold to silver ratio has been 12:1 / 15:1 etc and etc.

Jonathan's in his book Why gold, why silver says, "for the first 2000 years the average gold silver ratio has been 12 to 1".

I am not sure what he meant by "the first 2000 years".

Looking up at wikipedia, this is what i got -

The gold/silver ratio is often analyzed by traders, investors and buyers.[4] In Roman times, the ratio was set at one to 12 or 12.5.[5] In 1792, the gold/silver ratio was fixed by law in the United States at 1:15,[6] which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803.[7] The average gold/silver ratio during the 20th century, however, was 1:47.[U][SIZE=7][8] The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.

So, in today's time, what ratio should i be looking at (without taking into consideration the amount of silver above ground) to determine if silver is cheap or expensive in relation to gold.

PS : IS this the appropriate place to discuss this here or in the Gold thread? I very much prefer to do most of my discussion here in the silver thread - which i refer to as my home for precious metal (although i am more bias towards gold).

PSS : an article related to the above
http://seekingalpha.com/article/298288-gol...ing-opportunity

This post has been edited by chrischin: Dec 25 2011, 10:42 AM

Hi all sifu and senior investor,

Merry Christmas to all member here. I'm a newbie in gold & silver investment field, hope to gain more knowledge from your guy here.

Hi GoldChan & Merlip,

Knowing your guy operate on line business for silver, if bought from your did issue a receipt upon sale?

---

Added on December 25, 2011, 6:45 pmFor my understanding the ratio nowadays higher than 15:1 is silver have being manipulated by JP Morgan through CME group, they afraid silver prices increase tend to create hyperinflation which will collapse the current world monetary system "Dollar standard".

More about the manipulated refer to below link :

http://www.youtube.com/watch?v=ZEMlAr51FdY...player_embedded


This post has been edited by Gold&Silver: Dec 25 2011, 08:41 PM

Hi chrischin,

Well, the simple way to know the ratio now is by looking at kitcosilver.com page, they have a ratio calculation which shows that now, silver is 5

Personally, I consider myself graduating from silver to gold (as gold is referred to as big brother, AND it's more expensive, NOT because it is better or more chance of profiting etc...) Although from one glance, silver is surely way below the original ratio and it should correct itself ONE DAY, the problem is, nobody knows when the ONE DAY will be. Many expert predict it will be sometime soon, as in next year to the next 10 years. It's like predicting the market price of silver, nothing is firm, although silver is getting rarer, the price is being suppressed to make it economically viable to buy and use by country like china to product goods at affordable price.

Anyway, In short, look at kitco page and you see silver gold ratio to be 55 to 1. silver is cheap compared to some period in the past. But there are occasion when only gold is accepted as currency while silver is like worthless metal.

We are all betting on silver ratio shrinking to normal level, which will be 12 to 1, but will that day come? nobody knows. Is that day a good omen? maybe not. If one day, industry found a replacement metal for silver, they may allow silver price to self adjust, but if there is no longer a demand for it as industrial metal, will the price drop further down to a ratio of 100 to 1? No body will question gold as Money/Currency, most of us here are pushing people to believe in silver, but how successful it will become a PM in high demand like gold, we will never know.

chef

PS I just approached a small gold shop (not those old china man shop, this shop run by 30 year old manager) about selling silver bars, no customer, low turn over, and yet, told me they have no space for silver.

PPS What I'm saying is, at the CURRENT market, gold is easily traded, convert back to cash. While silver although has great potential in the future, are not liquid enough for short term investor.

Hey guys,

Finally i found a chart dating back some 600+ years for gold silver ratio. The chart shows that from 1344 to early 1800, the ratio is somewhat fixed at 15 : 1. It is until 1850 (there about) when the US (i believe) demonetized silver, that the ratio began to spiral up to the mid 40s to 1. and thereafter, the ratio has been fluctuation between that level and even as high as 153 in the year 1939.

http://goldinfo.net/silver-600.aspx

I always wondered why people like Mike Maloney always says that historically, the ratio was 15 to 1. Alas, i found the chart showing the ratio.

yes we do have the receipt for tax purposes, but most customer just leave after paying and taking the goods for security reason.

Hey, great chart!!

Well, it's normal for people who is selling a particular product to extract info that is pro what he sells and make it his point. Ignoring the other facts that is not helpful. I am in sales, sometimes I do that too, as many people only want to hear the good and not filter out what should be themselves. So, sometimes providing a little information and ignoring some is better than presenting the whole scenario and many of the audience will not know what you are trying to say.

But for people who can crunch lots of data in their mind, the more info, the better. Anyway, silver and gold are both great PM to invest in, but looking at the price of all metals like tin, copper and such, I do think silver will rise quite quickly. Knowing from my first hand knowledge that china is TELLING all their citizen to buy silver and gold, so it does mean something. Just remember to spread your investment to a comfortable level.

chef

Mike Maloney always say everything will revert back to mean...
but sometimes i do wonder how much of probability that it will revert to the mean after 160 years of swinging away from it

From Wikipedia
Like most commodities, the price of silver is driven by speculation and supply and demand. Compared to gold, the silver price is notoriously volatile. This is because of lower market liquidity, and demand fluctuations between industrial and store of value uses. At times this can cause wide ranging valuations in the market, creating volatility.[3]

Silver often tracks the gold price due to store of value demands, although the ratio can vary. The gold/silver ratio is often analyzed by traders, investors and buyers.[4] In Roman times, the ratio was set at one to 12 or 12.5.[5] In 1792, the gold/silver ratio was fixed by law in the United States at 1:15,[6] which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803.[7] The average gold/silver ratio during the 20th century, however, was 1:47.[8] The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.

The most recent time when Gold Silver Ratio fell below 15 was in 1980 when the Hunter Brothers cornered the silver market.

This post has been edited by taurusbull: Dec 27 2011, 12:35 AM

Quote:
"In 1792, the gold/silver ratio was fixed by law in the United States at 1:15"

time has passed so many years, discovery for silver usage is getting more and more but silver is getting less and less. funny thing is gold silver ratio getting wider and wider

The chart below shows the gold-to-silver ratio since Nixon abandoned the gold standard in 1971. The average ratio during this time was 57.85. Currently, the ratio is at 55.01. Assuming the average ratio over the past 40 years is appropriate, today's gold and silver prices are at relative fair value.

http://seekingalpha.com/article/315972-the...-and-200-silver

This post has been edited by chrischin: Dec 27 2011, 09:10 AM

1:30 or 1:25 will be good enough for me already.

A quick update for Apmex shoppers, they have included Malaysia and Singapore in their address portion of the account, so update your account details and the amount you see on their website as you checkout will be the actual/final amount you pay. There are no other associated charges other than your RM25 bank charge to wire them across. If in doubt, chat with their sales or just email them.