Any better suggestion?

long term then i suggest physical.
short term, maybe paper silver still alright.

Same with me.
But so far, not much people appreciates silver as much as gold.

wah, if have to singapore then too much hassle la.

chunyen2020,
I used to play forex but nah too volatile for me now. dont have time to look after it.

so guys, so far no option in malaysia for paper silver? too badddd!

paper silver , i got play CFD one. i use igmarkets ,registered in singapore. It is SGD denominated contract, that means i can trade silver without exchange risk..

I dont entirely agree with you.. currently alot of ppl opt for silver but i am surprise why did it dropped....

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Added on October 4, 2011, 9:45 pmThanks bro let me take a look. hopefully it is something i am searching for!

This post has been edited by NeN51: Oct 4 2011, 09:45 PM

the market is volatile. so you have to reduce the levarage loh. i not greedy, i normally use 1: 2 leverage only.

true because i think previously my leverage was much higher if not mistaken it was 1:20...

so how is the IGmarket is it realiable? I am from malaysia so i need to open change my currency to sing dollars before i start trading is it?

i just share with you what platform i am using, if you stay in kl and seldom come singapore, then you better think twice.

IG markets , i started using it since March, i deposit and withdraw money many times, so far , no problem at all.

give you the link.

http://www.igmarkets.com.sg/cfd/cd-commodities.html

click the metal for more information about the sgd denominated contract i mention just now.

This post has been edited by SGKSY: Oct 4 2011, 09:54 PM

CFDs are trading, not investment paper. Just like spot trading is not investment.

It is true that most people still prefer gold over silver, especially when it comes to large sum investment. You see quite a number of gold investors putting hundreds of thousands or millions in gold, but seldom see them putting that much in silver. But silver is surely catching up on popularity especially among younger generation. I suppose it's due to its low price (as of now) that's still affordable for the younger group.

This post has been edited by cruzzie73: Oct 4 2011, 09:57 PM

Trust me, ask some random people around you and say do you wanna invest in silver?
Most of them will say, "Why? Invest in gold better.""

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Added on October 4, 2011, 10:00 pmSo if wanna deposit and withdraw money, I have to conduct it at SG?
Not possible to do it at M'sia?

This post has been edited by chunyen2020: Oct 4 2011, 10:00 PM

don't know, but they can issue check. normally, they refund via internet banking, that means you must have singapore bank account.

aiks.. i am not east malaysia so it's damn hard to go singapore for the transaction ..

anyone using any good CFD platform from Malaysia?

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Added on October 4, 2011, 10:09 pm[quote=chunyen2020,Oct 4 2011, 09:57 PM]
Trust me, ask some random people around you and say do you wanna invest in silver?
Most of them will say, "Why? Invest in gold better.""


True that, so we need to raise the other awareness so all chiong silver togethergether la! haha

This post has been edited by NeN51: Oct 4 2011, 10:09 PM

aiseh sorry bro, finished oledi la how many u looking for?

i wait silver price drop until 28, then i pre-order, it is best if the spot rate drop to 25. hehe.

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Added on October 4, 2011, 10:14 pmi think 90% of young people prefer silver than gold.

This post has been edited by SGKSY: Oct 4 2011, 10:14 PM

coz silver is chaper then gold... hehe but then the spread is high =.= so people will tend to shy away in invest in paper gold instead where the spread is lower.

Bro, i'm looking at 10-15pcs.
Its ok if they're all taken up already. Perhaps I just need to up a few more oz to reduce the shipping cost per item, and place another order to the supplier. Thanks anyway, for organizing this bulk purchase.

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Added on October 4, 2011, 10:39 pmThe spread for silver is high (in terms of %) because its price is still cheap. At this stage when spot is around $30, we see spread of about 20-25%. When spot goes up to $100/oz, we can expect the spread to go down to 12-15%, and when it reaches $200, we may see spread of only 8-10% or lower. I'm quite sure when silver price hits $1600 (same as today's gold price) one day, we will see same spread as gold of today.

This post has been edited by cruzzie73: Oct 4 2011, 10:50 PM

http://www.kitco.com/images/live/silver.gif

Seems that this gonna continue for a certain period of time.
Seriously considering dead cat bounce.

i missed bigwolf's boat too...any further order?

cruZzie, how many pcs are you looking at?i can take 5pcs

kei-kun i'm talking to a few more friends. Once i get enough confirmation, will go ahead with the order, then only i know the price. Will PM you then you consider to take 5pcs or not.