if a person is new to silver investment, best to stick with small size and low premium silver.
size - small but not too small. 1oz is optimum
low premium - the lowest possible that carries international brand such as Buffalo. legal tender such as American Silver Eagle is ok too. only proceed with high premium numismatic item if you are absolutely sure what you are doing.

There list of very educational video in Silver in Malaysia website. I just added one more titled "Silver Is The Indispensable Metal", feel free to check them out! http://silverinmalaysia.com/knowledge-center/videos/

people who have bought more than 20oz of silver, what is your exit plan?

nice interview chris, thanks for the kind sharing!

lolx...yeah...i got the same reaction while looking at it
hang there for the whole weekend
damn zhar dou

someone asked me when the eBook will be launched and how much the pricing.
in case anyone is interested to know....
it will cost RM 0.00
and it will be available for download by end of feb, could be earlier. so stay tuned to the website for updates

guarantee buy back is kinda like a trend in our silver market. i know some sellers are offering that. and i notice a lot of people are kinda like expecting the seller to have buy back option. i'll be talking about this in the my silver ebook. but generally speaking, seller's buy back option might be the last option a seller want to exercise, because very often sellers will be offering to buy back at a not attractive price

This post has been edited by property101: Jan 31 2012, 02:42 PM

nice one chris! your view has some similarity with what i'm talking about in the my ebook.

only big boy like 1stopgold have the ability to do this. even mysmartgold has some flaw in their guarantee buy back plan. not to mention the other little ciku like you pointed out as they are just sole proprietors. i'll be sharing this more in-depth in the book. stay tuned

---

Added on February 1, 2012, 12:58 amtheoretically this sounds logical and should work...what could be the potential problem here?

one scenario i could right now think of is - there is a big appetite buyer who has bought large amount from you for period of time, during a price spike, he "sell back" large quantity to you. if the price spike really high in a short amount of time, many other buyers also want to sell back to you. the amount is so big that even ur supplier is not dared to take back. so how now? possible?

anymore?

This post has been edited by property101: Feb 1 2012, 01:06 AM

nice article u have there
very practical and straight to the point illustration...

my writing on Gold Silver Ratio for your reading pleasure
http://silverinmalaysia.com/gold-silver-ratio/

This post has been edited by property101: Feb 1 2012, 11:50 PM

welcome Certus! we certainly need more people like yourself to contribute ideas here

yes, i do agree that once silver has finished it's cycle, property is one of the best asset class to park our money in. especially property not only will appreciate in value but also bring in cash flow.

while at gold silver ratio, i believe you are a little conservative. i'm looking at at least 1 : 10. it might take several attempts to reach there but eventually it will be there. i know historically data has proven that 1 : 16 is among the most stable ratio, but gold silver ratio has been overshoot from it's mean for a long time. the longer it has overshoot, the more aggressive it will bounce to the other direction, which is closing the ratio. there are some experts are even more bullish on this suggest 1 : 8. but i will keep my plan as 1 : 10.

i like your idea of buying at every major pull back too. as mike maloney (author of Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future) said, "every pull back is a gift". i see no reason why not to buy at a pull back. at one point, when a pull back happened, i did not have enough cash because i just bought it right before the price drop. so i took out my money from my reserved / emergency cash account to stock up more silver (of course later i did fill back my emergency cash account).

This post has been edited by property101: Feb 4 2012, 09:39 AM

hi pubmut, i'm not sure which part of the statement sounds misleading. but let me try to clarify the it. i will first explain the terms i have used in the statement, then i will elaborate more on the statement.

once silver has finished it's cycle = when silver price has reverted back to mean or when silver price is priced at a fair market value.

property = apartment, condo, landed house, shop lot, shopping mall lot, etc

asset class = investment tool that a person put his money in with the intention to grow his wealth or at least preserve the value of his money (not to be eaten up by inflation).

appreciate in value = price of an asset keep going higher. property & silver can both be considered as asset. an example for property appreciation: 3 years ago, a property worth RM200k; 3 years later, this property worth RM260k. the property has appreciated RM60k. an example in silver, 3 years ago, it takes USD10 to buy 1 oz of silver, 3 years later, it takes USD34 to buy 1 oz of silver. silver price has fluactuated from USD10 to USD34. (people dont usually use the term "appreciation" for silver price, but idea is the price has increased over a period of time)

bring in cash flow = when a person owns an cash flow asset, this asset will give his money to spend. for example, if a person owns a condominium and he rents it out, after using the rental to pay for bank loan installment and other maintenance related cost, anything extra is considered as his positive cash flow. his can spend this positive cash flow.

let me again put this into very layman terms. that statement basically is explaining the following:

when silver price has peaked, an investor will want to sell the silver off before silver price drop. no one has a crystal ball to predict exactly how high could it go, but there are several ways to benchmark what is the fair values. once the silver investor has exchanged his metal with cash, he will not want to hold on to his cash for too long. he will have to look for some other investment tools to park his money at. property is one of the best places to put the money in because unlike silver, property will both appreciate in value and bring in cash flow from rental. however in this decade, silver is destinied to perform better than property. therefore well informed investors will choose silver now. once they have cash out from silver, the next best place to park one's money in is property because again, not only property will appreciate in value but also bring in cash flow (which silver cannot). the idea here is simple, one can hold property forever because it will forever give one cash flow. one cannot hold silver forever because silver investment is riding on a bubble. ideally everyone want to exit before the bubble. once a person has exit, where should he park his money next? if you ask me, my answer is property.

of course, depending on a person's risk appetite, although silver is a good investment, one must be able to determine for himself how much of silver shall he invest in. for example for a younger person, he could park lets say 90% of his money in silver than other investment tools in this cycle. or for an elderly person, he should consider park lets say not more than 50% of his money in silver because there are still some uncertainty in silver investment and his personal needs (especially medical needs). for the elderly person, it might be wiser to keep more cash; while for the younger person, it could be wiser to invest more of his money and keep less cash.

if you need an example, here is how i personally do it. i'm in my early mid 20s, i have high risk appetite, but yet i have precious metal, property and cash. without any income, i could still survive and take care of my family for 2 years. i keep property for appreciation and cash flow. i keep precious metal to ride on the bullish trend. once the bullish trend in silver has peaked, i will (most likely) convert the cash that i got from selling off the silver and use it to buy more property.

hope this explains

This post has been edited by property101: Feb 5 2012, 09:19 AM

yup, i agree that property investment depends on the associated factors you mentioned above.

i believe this largely depends on the experience a person has gone through. i have not personally experienced property felt in value, except HEARING bukit beruntung story. i grown up and live in klang valley, as far as i can remember, i havent seen too much property price has gone lower than the previous years. except for high end properties in KLCC / MK areas during financial crisis time. well, what i'm saying here is, yes, i do acknowledge property is NOT a SURE way of making money and there is NO guarantee that the property will go up in short period of time, it also depends on the associated factors mentioned above, however in many cases, over a long period of time, the probability of making a profit is usually higher than making a lost in property.

yes, you are right about the 15 years. when i refer to property, i'm talking about long term investment. the fundamental in property is not meant for short term flipping. those who have been flipping from 2009-2011, if they continue doing it for the next few years, i could only wish them luck. it only takes 1 bad deal to bring them back to square 1. for a layman like me, when choosing property, i always look for cash flow property. price appreciate is an bonus, i dont bet my future on it

nice to discuss this, but hopefully we are not turning this into property talk thread

This post has been edited by property101: Feb 5 2012, 10:42 AM

i always believe that seller with good service + good product should be recognized. here is my personal experience:
http://silverinmalaysia.com/ah-yu-electronic-scale/

bro basSist...i thought for now the site is only for us internal testing + feedback?
he told me he and his developer will fix the issues we reported and will tentatively have an official launch on 10th

hi prophetjul, yes, ratio for availability above ground is one of them.
other factors could include historical data.

in fact, gold silver ratio is just one of the many benchmark tools the professionals are using.
there are also other benchmark mechanism such as measuring silver against property, measuring silver against Dow Jones, etc.

there are too many of "stuff" to be benchmark with, depending what an individual believes in. but generally speaking, gold silver ratio is one of the most reliable ones. it wont go wrong too far. by the way, have you check out my post on Gold Silver Ratio? here is the link, http://silverinmalaysia.com/gold-silver-ratio/

hope it explains

This post has been edited by property101: Feb 7 2012, 08:46 AM

nice read, thanks for sharing

hi there, you are at the right place at the right time.
here is a quick answer for you:
http://silverinmalaysia.com/buy-silver/how...er-in-malaysia/

alternately, please hold on a little while, i'm writing a book title
Practical Guide for: Investing Silver in Malaysia

it is planned to be launched by end of feb. stay tuned to the website above

This post has been edited by property101: Feb 7 2012, 09:16 PM

nice sharing
thats why more and more people are into precious metal

by the way, if anyone still interested to list their silver items to be sold, you can list it here:
http://silverinmalaysia.com/sellers-zone/l...lver-sell-list/
buyers can also have a look, who knows you can find what you have been looking for

This post has been edited by property101: Feb 9 2012, 12:17 AM

i wont feel surprised if it's real.
all world central banks operate in the similar manner. if this could happen to US, it could happen to Malaysia.

mike maloney mentioned every 30-40 years the world has a new monetary system. our dollar system has reached 41 years this year, could it be the new monetary system is the computer number money?