between 1stopgold, mysmartgold & nubex, which offers better spread for silver bars? or got any other reputable dealers with better spread?
Silver as investment V2, Don't cry, buy now.
Silver as investment V2, Don't cry, buy now.
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Oct 1 2011, 01:18 AM
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#1
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between 1stopgold, mysmartgold & nubex, which offers better spread for silver bars? or got any other reputable dealers with better spread?
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Oct 1 2011, 01:25 AM
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#2
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btw, welcome to the silver thread mucklampir
since you're working with silver, need to ask you is it true that we're using more silver than output? and is the above ground silver stock really decreasing now? |
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Oct 1 2011, 02:19 AM
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#3
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ah but if we look at gold & silver consumption, we'll see that gold is mainly used for jewellery while silver is mainly for industrial
http://www.gold.org/investment/why_how_and...and_and_supply/ http://www.silverinstitute.org/supply_demand.php#supply as such, much of the gold mined still exists in various forms such as gold necklace. but most of the silver is used in manufacturing and very little is used for investment. as to why i think silver has more long term potential than gold, if assuming there is a finite amount of silver and we are already consuming more than production, then in the long term silver would be more scarce than gold? hence my question, how much silver can we recycle back from industrial use? this is very important coz if for whatever reason we can't recycle back the silver used, then we are actually exhausting silver faster than gold. between industrial demand and investment demand, which would you think will have far greater impact in the long run? which begets the next question, i always wonder what would silver be 10 - 20 years from now? would it be more expensive than gold or stay within the 40 - 50/1 ratio? |
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Oct 2 2011, 10:54 PM
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#4
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anybody know of any established company to recommend to buy & sell silver for investment? So far I've read Mysmartgold, Nubex & 1stopgold, but is there any other established companies in Malaysia?
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Oct 3 2011, 05:12 PM
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#5
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So whats the average price of a 1oz bar currently?
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Oct 3 2011, 09:19 PM
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#6
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QUOTE(chef @ Oct 3 2011, 07:00 PM) I think the current price of bar is RM 130 - 140, depending on which one. So many in the market, and within a few more days time, the market will be flushed with supplies as most dealer will have already received their shipment from overseas. nice... cheap bars flooding the market chef |
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Oct 4 2011, 03:01 PM
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#7
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Since so many here are interested in the PAMP 1oz Lunar Dragon, I'm thinking of doing a bulk order. What you guys think? Here's the terms:
- Any quantity you like, the more the merrier - COD in PJ, Sunway Pyramid area only - RM170 nett per piece. Unless there's a wild swing in spot price this should be my cost - For insurance incase anybody ffk after I placed the order, I need 50% upfront (RM85?). The remaining 50% can be paid once the goods arrive. - PM me if you're interested. Include your quantity and contact number. I'm working now so have limited access but will try to reply to you - This deal is dependant on bulk volume for cheaper shipping spread. If there are not enough ppl ordering, I might decide not to go ahead Anything else I might have missed out? |
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Oct 4 2011, 06:45 PM
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#8
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QUOTE(bigwolf @ Oct 4 2011, 03:01 PM) Since so many here are interested in the PAMP 1oz Lunar Dragon, I'm thinking of doing a bulk order. What you guys think? Here's the terms: ok, i got the minimum numbers to order now. anyone else interested to piggy ride on this? pls pm me if interested- Any quantity you like, the more the merrierĀ - COD in PJ, Sunway Pyramid area only - RM170 nett per piece. Unless there's a wild swing in spot price this should be my cost - For insurance incase anybody ffk after I placed the order, I need 50% upfront (RM85?). The remaining 50% can be paid once the goods arrive. - PM me if you're interested. Include your quantity and contact number. I'm working now so have limited access but will try to reply to you - This deal is dependant on bulk volume for cheaper shipping spread. If there are not enough ppl ordering, I might decide not to go ahead Anything else I might have missed out? RM170 @ AUD49.08 per piece This post has been edited by bigwolf: Oct 4 2011, 06:51 PM |
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Oct 4 2011, 07:32 PM
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#9
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ok guys i've made the order. see attached screenshot. I've ordered some extra, have 11 pieces can spare now.
OrderDone.doc ( 194k )
Number of downloads: 108 |
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Oct 4 2011, 10:10 PM
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#10
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Oct 4 2011, 11:31 PM
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#11
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oh i see cruzzie is doing the ordering now
This post has been edited by bigwolf: Oct 4 2011, 11:33 PM |
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Oct 6 2011, 12:33 AM
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QUOTE(chef @ Oct 6 2011, 12:18 AM) Today hongkong is holiday, so it's not related to hong kong market I think. Problem is how long will this panic last? Worst case scenario could take years So most likely it's right, europe market open, and currently european are liquidating all their position to get back fiat money because many of the country in europe are in trouble and normal people will get cash in hand rather then use up their money now to buy gold or silver. right? only people like us, we jump into gold and silver now, then later fiat money seemed important, we may liquidate some to buy house or other investment, but will keep a little PM. So in the end, right now PM is falling because many people are liquidating their paper gold and silver. Once the panic is over, the price will rise. chef |
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Oct 6 2011, 10:55 PM
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#13
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i might have some pamp dragons for sale. have to wait until mid november though hehe
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Oct 7 2011, 12:03 AM
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#14
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Oct 7 2011, 09:35 AM
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#15
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Oct 7 2011, 11:31 PM
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#16
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lets hope this time just steady rise, no more sudden drop off the cliff
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Oct 8 2011, 12:35 AM
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#17
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QUOTE(chef @ Oct 7 2011, 11:51 PM) When the channel becomes narrower, it will break out one day. dunno when, but again, most likely when we are sleeping or working. i'm also thinking it'll drop to 25 or even below but it's just sideways action so far... Many people I talk to mentioned it will do another drop to USD 26 or so, I believe it's provided bad news comes with the employment data release from the US and obama and bernake start to panic. But... let's not take my word for it and wait for the price to drop, if there's dragon available now, just buy, since it's limited mintage. it's a sure gain investment in the next few years down the road. For the other coins, well, keep your ammo and watch the market closely. Since I'm sure many people will have enough stocks ready to unload into the market this 2 weeks. Hey any one talk to goldchan? he seemed to be missing in action... chef |
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Oct 8 2011, 01:23 AM
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#18
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Oct 8 2011, 05:09 PM
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Oct 8 2011, 05:12 PM
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#20
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anybody else thinking wanna do another round of joint orders? If there are enough ppl I can consider making another bulk purchase.
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