Hi all fren!
I just found this good place for silver discussion.
Actually I am doing metal recycling business now, and I am focus in precious metal recycling business also. I can buy silver also with a discount 8-5%. It depends on the quantity of silver you wish to sold. =)

Actually, I am planning to start a business about silver bullion next year.
My very 1st product will be 10oz silver yuanbao, and 1oz gold yuanbao.
The selling price is premium 5% + RM20/ per piece and buying price discount 5%. All my product will have SIRIM certified.

I found that most of the gold/silver bullion company in malaysia are like vampire, they are selling premium 15%-25%++ when ppl buying, and buying discount 15%-25%++ when people selling.
Which means we have to wait until silver raised at least 30% to get our profit $$$.

Please give me some advice about my business model. I aprreciate