Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

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

views
     
4kgrubby
post Oct 9 2011, 07:41 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
Hi Guys, I am new in this, but I am really interested in buying silver as long term investment. I am from penang, and I am interested in physical silver. Appreciate you guys' advice, thanks in advance.
4kgrubby
post Oct 9 2011, 08:08 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(property101 @ Oct 9 2011, 07:47 PM)
If you tend to appreciate the artistic on the silver coins (which some of them look very nice), then go for silver coins
If you tend to prefer "value for money", then go for silver bars.

there are a lot of sellers in KL, not sure in penang. if you would like to know more, please throw in more specific questions, cheers!
*
Thanks for the info, I prefer silver bars. Where i can get it? Thanks bro!


4kgrubby
post Oct 9 2011, 08:28 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(property101 @ Oct 9 2011, 08:18 PM)
small size bar (1oz to 2oz)? or big size bar(10 oz, 500gram, 1kilo)?
*
other then the price different, what is the different btw keeping 10oz, 500gram and 1 kilo?
4kgrubby
post Oct 10 2011, 02:11 AM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(property101 @ Oct 9 2011, 08:52 PM)
1. premium - generally the smaller the unit, the higher the premium. of course also depending other factors such as the brand etc
2. liquidity - the smaller the bar, the easier for you to dispose it when u need cash. therefore only buy big bars from reputable brands or buy from those seller that guarantee buy back. that would be the ideal scenario. when sh!t happen to the economy, some people argued that probably even the reseller would run away / close shop. for me, regardless whether sh!t would happen, buying from a seller that guarantee buy back is always the safer option
*
Bro, the silver that we purchase only can sell back to the company where we bought? Is there any other option when I need cash, like selling to goldsmith or what? As this is really my concern.

Which brand or company guarantee buy back? Thanks.
4kgrubby
post Oct 10 2011, 05:02 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
Guys, really thanks for all the information you shared!

I m hoping for price appreciation. Is it silver bar is more ideal in my case? I have gone thru the list of the sites in page 1, I found that coins is quite expensive and mostly is 1oz. For silver bar, 10oz? Thanks.
4kgrubby
post Oct 10 2011, 05:50 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(JonYeap @ Oct 10 2011, 05:37 PM)
coins is not for u then. u can try getting bars in a large quantity to get cheaper.price
*
Yap, I am thinking to get bars. Large quantity is roughly how much? Do you guys know which seller offer better price? Thanks.
4kgrubby
post Oct 10 2011, 06:55 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
anyone heard of Oneasia Gold Mint silver bar?

I have visited nubex wesbite, but couldn't locate emirates bar.
4kgrubby
post Oct 10 2011, 11:07 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(GoldChan @ Oct 10 2011, 09:29 PM)
well, I guess I 'm an unlucky person. Thus, I based thing on zebra. Hitam putih. Black and white. no argument.
See also can tell straight away.

Since U can argue with custom try become a seller and import lot and lot of stuff.
Let see how things goes. lah.
Some things I don;t know how to describe lah.


Added on October 10, 2011, 9:32 pm

got 70 oz spare sunshine or silvertowne. RM125/oz First come first serve.
email wkchan1991@gmail.com
valid till spot < USD33/oz
ok.
*
Hi Goldchan, any link to have a look on bars? THx
4kgrubby
post Oct 11 2011, 02:14 AM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(taurusbull @ Oct 11 2011, 01:50 AM)
Dear Chef,
Like I said, I am not a dealer. 10oz taken, 20oz to go. I need to keep my promise to share the silver with this forum investors, RM1,250 for 11oz of silver. Once the stock gone, this incident is consider close. I have no intention to spoil anyone rice bowl.
*
Hi taurusbull,

I want 10 X 1oz silvertowne, thanks.
4kgrubby
post Oct 12 2011, 11:55 AM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(8181 @ Oct 12 2011, 10:56 AM)
What weight are you looking at? 1oz? 10oz? 1kg? 100oz?
*
How about 1oz bar? which is ease for selling?
4kgrubby
post Oct 13 2011, 04:19 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(dreign @ Oct 13 2011, 03:56 PM)
Very true just join in SLS last night and saw the movement there really fast from 10-11pm. like pasar. my internet line abitt slow  cant keep up the pace. good item gone in a blink. shocking.gif
*
hi dude, what is SLS? mind to share? thanks
4kgrubby
post Oct 13 2011, 04:47 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(beginner2011 @ Oct 13 2011, 04:35 PM)
it's call silver lot shop. Check that out in FB. it's a place for seller and buyer to lelong all sorts of silver ... but price is inconsistent ... they dont' follow spot, sometimes u get good buy but sometimes price are just too expensive.

i tried buying there for 2 transactions, not a very good experience seriously. I got attracted with the price and I paid up immediately. The seller nv pick up my call until 4 days later only call back. He say he will post the goods, so i ask for the tracking number, again no news, 1 weeks later only i receive my goods and it was NOT IN GOOD CONDITION. The packaging is terrible and scratches all over the airtites.

The second seller I ask for COD. He was late for 1 hour and he when he finally come, he says he forget to bring my coins. What he brought was another coin and ask me to tolerate with it, just get the other coin.

With that two bad experience. I think I better stick back to the more reputable local seller like goldchan and silverformalaysia.com. These two sellers are very reliable and u will nv have hassle or frustration when dealing with them.  thumbup.gif

Just sharing experience, dont mean to offend anyone here ...
*
Okie, thanks for sharing your experience. indeed it's a bad experience.
4kgrubby
post Oct 13 2011, 11:10 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
i think fb group is a good idea, support!
4kgrubby
post Oct 23 2011, 01:12 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
QUOTE(zaizu @ Oct 23 2011, 12:20 PM)
Welcome

for more info
you can also join SLS group in FB - http://www.facebook.com/#!/groups/silverlot.shop/

also not forgetting our special Lowyat Silver group in FB - http://www.facebook.com/#!/groups/silverlot.shop/
*
both link also silverlot
4kgrubby
post Nov 29 2011, 12:06 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
just now visited SLS in facebook, the sellers there are selling with very low price, I really wonder how they make profit?

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0502sec    0.15    7 queries    GZIP Disabled
Time is now: 30th November 2025 - 12:40 PM