http://www.clivemaund.com/article.php?art_...e8b382d7c6eb0dd
Silver Investment Discussion, An alternative to Gold....
Silver Investment Discussion, An alternative to Gold....
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Sep 29 2014, 10:38 PM
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902 posts Joined: May 2012 |
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Sep 29 2014, 10:45 PM
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902 posts Joined: May 2012 |
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Sep 30 2014, 06:33 AM
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902 posts Joined: May 2012 |
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Sep 30 2014, 01:41 PM
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902 posts Joined: May 2012 |
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Sep 30 2014, 06:13 PM
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902 posts Joined: May 2012 |
spot dropped below RM58/oz now...
Sales of ASE at US Mint expect to increase.... but more Malaysian r selling than buying? ???!!!! |
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Sep 30 2014, 09:21 PM
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2,547 posts Joined: Jun 2008 From: KL |
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Sep 30 2014, 09:24 PM
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2,547 posts Joined: Jun 2008 From: KL |
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Sep 30 2014, 09:28 PM
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172 posts Joined: May 2007 |
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Sep 30 2014, 09:39 PM
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5,580 posts Joined: Jan 2005 |
QUOTE(sylar111 @ Sep 30 2014, 09:24 PM) I am doing preorder. 2-3 weeks delivery. Payment by tomorrow at 5pm. Price as below:10 x 1oz Sunshine bar = RM665 100 x 1oz Sunshine Bar = RM6600 10 x 1oz Scottsdale bar = RM670 100 x 1oz Scottsdale bar = RM6650 PRice is good as long as spot 17.30 and below. PM me. Thanks. |
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Sep 30 2014, 09:41 PM
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5,580 posts Joined: Jan 2005 |
QUOTE(crazyjj @ Sep 30 2014, 09:28 PM) I am doing preorder. 2-3 weeks delivery. Payment by tomorrow at 5pm. This is brand new bar from USA. Price as below: 10 x 1oz Sunshine bar = RM665 100 x 1oz Sunshine Bar = RM6600 10 x 1oz Scottsdale bar = RM670 100 x 1oz Scottsdale bar = RM6650 PRice is good as long as spot 17.30 and below. PM me. Thanks. |
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Sep 30 2014, 11:04 PM
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300 posts Joined: Jan 2013 |
im trying to contain myself to just get bars instead of coins although part of me would like the aesthetics of coins.
dont want to pay much on the premiums bahahah |
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Oct 1 2014, 01:31 PM
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902 posts Joined: May 2012 |
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Oct 1 2014, 07:58 PM
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1,190 posts Joined: Dec 2008 |
Hi guys, student here who's thinking about my future and how I should probably start learning about investments while I'm young with time to spare for reading and research.
I attended a Financial Youth Intelligence at Taylor's lakeside over the weekends last week and apparently a "famous" silver trader by the name of Jonathan Quek gave a talk about how gold's price is always tied to silver's price and how the value of gold (hence silver) will rise since China and Russia are stockpiling on Gold, he then offered us silver coins in small quantities because he knew we were students and couldn't buy in bulk. My question is: 1)Is it that simple? Any non-biased websites that I can read up on to check his claims? 2)Is Silver a good investment for students? I'm guessing that the speaker would have some amount of bias because he will gain a profit by selling the silver to us. Would really appreciate some help here! thanks |
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Oct 1 2014, 10:03 PM
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2,547 posts Joined: Jun 2008 From: KL |
QUOTE(Decky @ Oct 1 2014, 07:58 PM) Hi guys, student here who's thinking about my future and how I should probably start learning about investments while I'm young with time to spare for reading and research. First of all, if the speaker is selling to you at a higher relative cost, then obviously, he is just trying to make a profitI attended a Financial Youth Intelligence at Taylor's lakeside over the weekends last week and apparently a "famous" silver trader by the name of Jonathan Quek gave a talk about how gold's price is always tied to silver's price and how the value of gold (hence silver) will rise since China and Russia are stockpiling on Gold, he then offered us silver coins in small quantities because he knew we were students and couldn't buy in bulk. My question is: 1)Is it that simple? Any non-biased websites that I can read up on to check his claims? 2)Is Silver a good investment for students? I'm guessing that the speaker would have some amount of bias because he will gain a profit by selling the silver to us. Would really appreciate some help here! thanks If the speaker is selling at low premium, then he is sincere. I mean obviously he should be making a profit but then he should also understand that silver is an investment and will not over charge the customer as for investment, you do not want to pay too much for "transactional" costs. |
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Oct 2 2014, 02:09 AM
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3,782 posts Joined: Aug 2010 From: subang jaya |
QUOTE(call me random @ Sep 30 2014, 11:04 PM) im trying to contain myself to just get bars instead of coins although part of me would like the aesthetics of coins. dont want to pay much on the premiums bahahah QUOTE(sylar111 @ Oct 1 2014, 10:03 PM) First of all, if the speaker is selling to you at a higher relative cost, then obviously, he is just trying to make a profit Where do you guys normally buy silver? If the speaker is selling at low premium, then he is sincere. I mean obviously he should be making a profit but then he should also understand that silver is an investment and will not over charge the customer as for investment, you do not want to pay too much for "transactional" costs. Wondering if opening a silver account is worth it or not. |
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Oct 2 2014, 02:43 AM
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2,547 posts Joined: Jun 2008 From: KL |
QUOTE(infernoaswen @ Oct 2 2014, 02:09 AM) Definitely no.Calculate for yourself la. Last time I do the calculation, the spread is 10%. Buying the actual physical in Malaysia, the spread could be around 14-15% But then. if you sell it online, you could probably sell it at a 3-4% discount of the cost you originally bought. I think most of the people buy from buysilvermalaysia. I buy from Singapore becoz it's cheaper. |
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Oct 2 2014, 10:45 AM
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3,782 posts Joined: Aug 2010 From: subang jaya |
QUOTE(sylar111 @ Oct 2 2014, 02:43 AM) Definitely no. I see, because like for gold if we open an account in uob it isnt that bad since the spread is around rm2 difference. So wondering if we have similar with silver. Calculate for yourself la. Last time I do the calculation, the spread is 10%. Buying the actual physical in Malaysia, the spread could be around 14-15% But then. if you sell it online, you could probably sell it at a 3-4% discount of the cost you originally bought. I think most of the people buy from buysilvermalaysia. I buy from Singapore becoz it's cheaper. If thats the case then maybe i'll just buy couple of those 1kg silver bars |
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Oct 2 2014, 02:35 PM
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300 posts Joined: Jan 2013 |
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Oct 2 2014, 02:36 PM
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300 posts Joined: Jan 2013 |
QUOTE(infernoaswen @ Oct 2 2014, 10:45 AM) I see, because like for gold if we open an account in uob it isnt that bad since the spread is around rm2 difference. So wondering if we have similar with silver. 1kg? wow thats a brave move u hd there...If thats the case then maybe i'll just buy couple of those 1kg silver bars u only focus on silver? how about gold? |
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Oct 2 2014, 03:34 PM
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Senior Member
2,547 posts Joined: Jun 2008 From: KL |
QUOTE(infernoaswen @ Oct 2 2014, 10:45 AM) I see, because like for gold if we open an account in uob it isnt that bad since the spread is around rm2 difference. So wondering if we have similar with silver. For siilver dun think so.If thats the case then maybe i'll just buy couple of those 1kg silver bars The spread for gold is much smaller . |
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