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 Silver as investment V2, Don't cry, buy now.

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8181
post Oct 3 2011, 01:07 PM

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QUOTE(JonYeap @ Oct 3 2011, 01:01 PM)
guys, how do i know the price or estimated price of each coins or bars? where can i see any price of it? thanks...
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Your best bet is Ebay for Coins, Bars.. just go with the current spot price as an estimation.
JonYeap
post Oct 3 2011, 01:13 PM

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QUOTE(8181 @ Oct 3 2011, 01:07 PM)
Your best bet is Ebay for Coins, Bars.. just go with the current spot price as an estimation.
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bars will not run far from spot price rite? how much % extra compared to.spot price? lets say 1oz is $30,then how much is the bar?
well... do bars get tax? if not wrong, they dont rite?

tq guys. plan to start small. maybe coin or bars.
Nidz
post Oct 3 2011, 01:30 PM

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QUOTE(JonYeap @ Oct 3 2011, 01:13 PM)
bars will not run far from spot price rite? how much % extra compared to.spot price? lets say 1oz is $30,then how much is the bar?
well... do bars get tax? if not wrong, they dont rite?

tq guys. plan to start small. maybe coin or bars.
*
i dont really know the exact price. sweat.gif
but right now, bars like morgan, sunshine, silvertowne and the likes are going at around Rm130-140 per oz. thumbup.gif
This is more or less the current market price here in Malaysia. If you are bringing it in from overseas dealer, u can get around less than rm120 per bar, i think. notworthy.gif
JonYeap
post Oct 3 2011, 01:36 PM

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QUOTE(Nidz @ Oct 3 2011, 01:30 PM)
i dont really know the exact price. sweat.gif
but right now, bars like morgan, sunshine, silvertowne and the likes are going at around Rm130-140 per oz. thumbup.gif
This is more or less the current market price here in Malaysia. If you are bringing it in from overseas dealer, u can get around less than rm120 per bar, i think. notworthy.gif
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oh thats much cheaper. but need to have contacts. really interesting.
8181
post Oct 3 2011, 02:03 PM

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QUOTE(JonYeap @ Oct 3 2011, 01:36 PM)
oh thats much cheaper. but need to have contacts. really interesting.
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It has been discuss before that for Kilobars 1Stopgold is the cheapest, but you'll have to check on the spread of their buy back. (Buy back is 15% off the price)

Current selling price is RM 3,512.36 = 32.150747 Troy Ounce = RM109.246606307 per ounce.

http://1stopgold.com.my/index.php?option=c...tid=27&Itemid=4

This post has been edited by 8181: Oct 3 2011, 02:11 PM
SGKSY
post Oct 3 2011, 02:13 PM

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QUOTE(JonYeap @ Oct 3 2011, 01:36 PM)
oh thats much cheaper. but need to have contacts. really interesting.
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how much of silver you plan to buy ? if you want to buy more than 50oz, buy from apmex or gainesville directly, the average cost of 1oz bar is below rm 110. If you want ready stock, you have to pay 20-25% more to reseller.
keii-kun
post Oct 3 2011, 02:17 PM

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william already open pre-order 1oz lunar dragon@rm415.

10oz kooks 2012 - rm1360
JonYeap
post Oct 3 2011, 02:18 PM

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QUOTE(8181 @ Oct 3 2011, 02:03 PM)
It has been discuss before that for Kilobars 1Stopgold is the cheapest, but you'll have to check on the spread of their buy back. (Buy back is 15% off the price)

Current selling price is RM 3,512.36 = 32.150747 Troy Ounce = RM109.246606307 per ounce.

http://1stopgold.com.my/index.php?option=c...tid=27&Itemid=4
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hmmm now things get more complicated. lol...
still deciding which to invest. paper gold or silver. coins or bars. gosh... if cant decide then just keep and wait to invest in property in few years time. haha
8181
post Oct 3 2011, 02:20 PM

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QUOTE(JonYeap @ Oct 3 2011, 02:18 PM)
hmmm now things get more complicated. lol...
still deciding which to invest. paper gold or silver. coins or bars. gosh... if cant decide then just keep and wait to invest in property in few years time. haha
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Nevermind, buy from your dad at a lower premium rclxms.gif
Taka_0
post Oct 3 2011, 02:26 PM

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izzit worth it? pricier than dragon 2oz
SGKSY
post Oct 3 2011, 02:27 PM

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QUOTE(keii-kun @ Oct 3 2011, 02:17 PM)
william already open pre-order 1oz lunar dragon@rm415.

10oz kooks 2012 - rm1360
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hehehe, he require 20% return. his price not so cheap. some more, pre-order, no risk profit. can expect the ready stock will be sold at 450+++ . I encourage you guys to pre-order yourself, the cost is around rm380-390.


Added on October 3, 2011, 2:31 pm
QUOTE(Taka_0 @ Oct 3 2011, 02:26 PM)
izzit worth it? pricier than dragon 2oz
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depend on you are investor or collector.

This post has been edited by SGKSY: Oct 3 2011, 02:31 PM
JonYeap
post Oct 3 2011, 02:33 PM

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QUOTE(8181 @ Oct 3 2011, 02:20 PM)
Nevermind, buy from your dad at a lower premium  rclxms.gif
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dun wan. lol i wanna do it myself. haha... no asking asking. i seldom go home anyway. meet them.once or twice a year. lol... contact maybe few months onces. that also 2-3 mins. basically... i am on my own.

must figure out this things soon. haha... hope price drop for now so that i can enter
Nidz
post Oct 3 2011, 02:42 PM

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QUOTE(JonYeap @ Oct 3 2011, 02:33 PM)
dun wan. lol i wanna do it myself. haha... no asking asking. i seldom go home anyway. meet them.once or twice a year. lol... contact maybe few months onces. that also 2-3 mins. basically... i am on my own.

must figure out this things soon. haha... hope price drop for now so that i can enter
*
price is already drop now. when i enter last month, it was usd40-42 per oz... cool2.gif
8181
post Oct 3 2011, 02:45 PM

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QUOTE(Nidz @ Oct 3 2011, 02:42 PM)
price is already drop now. when i enter last month, it was usd40-42 per oz... cool2.gif
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Yeap, there's no end to waiting. Furthermore $30-$31 is a good price to enter, unlike some of us who entered at a higher price, but we're still buying to average our cost out.
JonYeap
post Oct 3 2011, 02:56 PM

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QUOTE(8181 @ Oct 3 2011, 02:45 PM)
Yeap, there's no end to waiting. Furthermore $30-$31 is a good price to enter, unlike some of us who entered at a higher price, but we're still buying to average our cost out.
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yes thats why i thinking to enter now. but dunno which to choose. paper silver gold, coins or bars. thats really hard to decide
8181
post Oct 3 2011, 03:08 PM

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Majority of us here believe in physical.
SGKSY
post Oct 3 2011, 03:14 PM

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QUOTE(8181 @ Oct 3 2011, 03:08 PM)
Majority of us here believe in physical.
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anyone of us believe in paper silver ? actually paper silver got its advantage too. Hope some paper silver experts can share his opinion here.
JonYeap
post Oct 3 2011, 03:25 PM

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hmmm maybe i can try both? lol... wat bout gold? too many to decide on. gosh... haha... but coins really pretty.
SGKSY
post Oct 3 2011, 03:30 PM

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QUOTE(JonYeap @ Oct 3 2011, 03:25 PM)
hmmm maybe i can try both? lol... wat bout gold? too many to decide on. gosh... haha... but coins really pretty.
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perhaps, you should ask yourself how much money you have to invest in silver or gold. Or perhaps you should find out why ppl in this post are buying physical silver or gold. Then you will have your own answer.
JonYeap
post Oct 3 2011, 03:33 PM

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QUOTE(SGKSY @ Oct 3 2011, 03:30 PM)
perhaps, you should ask yourself how much money you have to invest in silver or gold. Or perhaps you should find out why ppl in this post are buying physical silver or gold. Then you will have your own answer.
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physical has better profit? hmmm i plan start small. since i am still new. maybe rm10k to 15k. thats for now... might increase if i think its good investment, else i just store up for land.

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