[micromouse]

where u all normally buy silver from?
be it silver bar or silver coin?

where do u sell it?

[DragonFire]

UOB has a silver savings account. No physical holdings of metal. You can also purchase from Perth Mint direct in various forms.

DF

[blitzksg]

just curious, what made u start looking into silver?

[micromouse]

Originally Posted by DragonFire

UOB has a silver savings account. No physical holdings of metal. You can also purchase from Perth Mint direct in various forms.

DF

ya i noe UOB got...
but they got mthly fees...
i looking for long term de, therefore physical silver is a better choice for me...

just check Perth Mint web, they dun hav america eagle n maple leaf...
any local web got sell those coins?

[micromouse]

Originally Posted by ricky028

However there are trustworthy silver coin dealers all over the world but choosing the right one can be a little scary when you are brand new to investing in silver.

I agree with "DragonFire" Perth mint is a good option to buy silver.

any recommendation?
u newbie or lao jiao?

[micromouse]

Originally Posted by blitzksg

just curious, what made u start looking into silver?

cos e price keep on moving upwards...

[DragonFire]

You might want to consider 1 kilo standard bars. Coins have a hefty premium attached typically.

DF

[isidore]

is there a reason you want the actual item? if not, try to get a broker or find a silver ETF. it will give you better leverage for your money.

[micromouse]

Originally Posted by DragonFire

You might want to consider 1 kilo standard bars. Coins have a hefty premium attached typically.

DF

but america eagle n maple leaf is more famous as in well known...
e purity of e silver is some shot like got guarantee de...

for bars, e brand , erm, ppl might not wan cos scare tht although it put .999, but it might not be .999...

[micromouse]

Originally Posted by isidore

is there a reason you want the actual item? if not, try to get a broker or find a silver ETF. it will give you better leverage for your money.

erm, can consider n try to research on it..
cos i never play stock/ forex b4...

[DragonFire]

Originally Posted by micromouse

but america eagle n maple leaf is more famous as in well known...
e purity of e silver is some shot like got guarantee de...

for bars, e brand , erm, ppl might not wan cos scare tht although it put .999, but it might not be .999...

Yeh thats why in any case you need to get respected brands e.g. from Perth Mint.



DF

[micromouse]

wa, nice investment...

may i know if u wish to sell them, where u going to sell it?

[DragonFire]

Heh those aren't mine.

You preferably sell on the private market. There is an active trading community. Goldsmiths will also take the bars, though there is a premium they will take off market value.

Silver is scary. The spot prices are completely different from real metal prices... so don't be surprised if you are quoted a vastly higher price over spot.

You "can" buy bars at spot over at Perth Mint of course... cept you'll be waiting months or more for delivery heh. And your money will have to be paid up front aka an interest free loan to the mint.

DF

[DragonFire]

1 kg methinks is about the right denomination. Other sizes include 100oz and 400oz bullion. Those larger bars run a greater risk of forgeries since they are easier/worth the effort to fake.

What the forgers do is hollow out the bar and pour lead in to make up the lost mass, and weld shut the opening.

DF

[micromouse]

oic...
can intro e active trading community to me?