Where did u see that it's fake?

Look at the word "clad" as well as the price. The website is honestly telling you it is selling fake...

More info on clad:

http://coins.about.com/od/coinsglossary/g/cladcoinsdef.htm

http://www.ebay.com/gds/Beware-of-Silver-C...04982896/g.html

http://beforeitsnews.com/gold-and-precious...ns-2501838.html

This post has been edited by XtraLeoGecko: Feb 15 2014, 11:27 AM

Price stabilizing now before hitting 22/oz....
Not sure will go up or down now. ...

Bought some Panda 2013 / 2014 from BSM ... since the poor currency making the bars at higher price.... so semi-numis looks like discount...

Once I bought, saw the 2014 Panda went up a few ringgit... and also 2013 Panda I bought the last 2 pieces and now out of stock....

http://coins.about.com/od/worldcoins/ig/Ch...erfeiting-Ring/

U BOUGHT AT THE PRICE OF RM101.XX?

That is RM30/oz cheaper when I buy mine (APMEX, Silvertowne, Sunshine). Maybe those who need money or liquidating for better opportunity.

I also want to buy at those price to reduce my cost but dont have extra bullet.

Yes

should I buy silver or gold now?

According to some investors,

They said it's better to invest in silver now.

Because silver is in demand, and very soon people will sell their silvers for golds bla bla bla, I'm not sure.

Need guidance

Just after few hours u bought, price changed to 104.80

Maybe this related to gold silver ratio.anyone can clarify?

Hi, welcome to the thread. I advise you to read through the older thread as well as Google on silver investment. There r many opinions n r contradictory as usual. .... therefore u need to research it urself n be convinced which side u would believe more.

For me to invest in silver:
1. Historical gold/silver ratio;
2. Industrial demand of silver (Warren Buffet also bought silver instead if gold);
3. Silver also widely used as currency in all civilization historically;
4. Cheaper for mid to low income population. .. therefore has more "buffers" in demand than gold. Imagine 50% of population can afford to hv 1oz silver as spare at anyone time in their "pocket" untouched. ... this translate ti great demand itself. ..

Just my humble opinions.

Well,
for me is just very simple. Safe investment because of fundamentals and also higher volatility translating to very quick profits if it goes up. Also more promoted then Gold

I do not agree with your cheaper theory though. People who can buy silver would be able to buy gold.

Yup. I should have buy more. Haha...

How many or how much is advisable to invest on silver?

I'm afraid if I buy too much, suddenly the price keeps on dropping

5 ounce only can?

Perhaps I didn't explain it well on my "cheaper theory". Let me try again:
1. Assume 1oz Silver is like our 50 sen coin and 1oz Gold is like a RM30 note (assume there is such a note of RM30, due to silver to gold ratio of 60:1 now);

2. Assume both gold (RM30 note) + silver (50 sen coin) are legal tender use as currency;

3. A middle to low income household (majority of population), would you find 50 sen coin (1oz silver) being stored loosely everywhere in the house comparing to find a RM30 note lying here and there?
Example: You may find loose coins (50 sen coins) on my desks, my key boxes, under my bed, in my children's toy sets, under the sofa, on top of the piano, in the kitchen, in some where in my house hidden in a place which I don;t even know or remember.... But, it would be quite difficult to find a RM30 note loosely lying everywhere in my home as it is 60x more valuable than my loose 50 sen coins. I would keep my RM30 note more carefully... Hence, which of these 2 items (50 sen coins VS RM30 note) are more loosely distributed among the majority population (hence higher buffer quantity and indirectly higher demand)?

Comment?

Precious metal is for wealth diversification purpose, unless you go for trading....

It is normally a medium to long term investment to hedge against risk / inflation / etc...

You should have a risk appetite of it drop by 50% yet you are still able to sound asleep...

So, adjust your investment amount according to your purpose + risk appetite.

You can even buy a 0.10 oz coins... but this is not so cost effective...

My first ever purchased silver is a PAMP 1kg bar (Aug 2013) at RM2,400. At current weak currency + spot price --- it is worth ~RM2,800.
I missed the chance 3 weeks ago to accumulate when spot was <19.5/oz which I still see this was sold at ~RM2450...

If tomorrow spot drop by 50% from current 21/oz to 10/oz, what would I do? Without hesitation -- buy! buy! buy! As my primary objective is to diversify... so such low spot price is attractive to lower down my average costs and would be able to hold on for long term to wait for next bull cycle....

Hope this day will come soon....

On contrary, you can also buy silver coins as hobby / collection.... Trust me, these coins are just beautiful.....

This post has been edited by XtraLeoGecko: Feb 20 2014, 10:30 PM

Agree.. Bought my 1st coin on Monday and I never look back at bars. But I remember reading somewhere about never fall in love with ur PM as u might develop sentimental value and unwilling to sell for investment return in the future.