Investment in Silver

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Investment in Silver

Postby adanial » Fri Jun 10, 2011 7:17 am

Hi,

does anyone trade/invest in silver..???

I'm interested to find out more and how to go about investing it.

appreciate if you can give me enlightenment to this. thanks

adanial
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Re: Investment in Silver

Postby financial_guru » Fri Jun 10, 2011 11:33 am

If you have a stock broking account, you can invest using an Exchange Traded Fund.
Its listed in US, symbol is SLV.

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Re: Investment in Silver

Postby adanial » Fri Jun 10, 2011 5:43 pm

hi financial guru,

can you give website that I visit and read thru..

is this like buying sliver coins and bar ? sorry I've no idea how shd I go about finding out more on the silver investment. thanks to share

adanial
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Re: Investment in Silver

Postby financial_guru » Sun Jun 12, 2011 10:18 pm

If you have a stock broking account that has access to US stock markets, you can buy it via yr stock broking platform.
You will hold shares in this exchange-traded fund (ETF) similar to how unit trusts work.
This ETF holds only silver assets and is priced at the silver price per ounce. (~US$30+ per share)

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Re: Investment in Silver

Postby bigsnoopy » Sun Jun 12, 2011 10:21 pm

er.. Is it a good investment? High risk or not?

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Re: Investment in Silver

Postby adanial » Sun Jun 12, 2011 10:24 pm

financial_guru wrote:If you have a stock broking account that has access to US stock markets, you can buy it via yr stock broking platform.
You will hold shares in this exchange-traded fund (ETF) similar to how unit trusts work.
This ETF holds only silver assets and is priced at the silver price per ounce. (~US$30+ per share)



I know that some people bought the physical silver as investment..
not to sure how good such investment is.

adanial
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Re: Investment in Silver

Postby financial_guru » Mon Jun 13, 2011 10:03 am

YKVT wrote:er.. Is it a good investment? High risk or not?


I consider silver ultra high risk, higher than listed securities of companies.

Recently the price per ounce dropped from US$48 to US$36 an ounce. That's a 20+% drop in a matter of days!

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Re: Investment in Silver

Postby financial_guru » Mon Jun 13, 2011 10:06 am

adanial wrote:I know that some people bought the physical silver as investment..
not to sure how good such investment is.


I got 2 problems buying physical precious metals.

1) Physical storage. Where are buyers going to store those precious coins or bars? They will incur additional costs if they want to rent a safe deposit box. :moneyflies:

2) Who certifies the silver or gold is authentic and of a minimum grade?

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Re: Investment in Silver

Postby UncleLim » Sat Aug 27, 2011 2:09 pm

financial_guru wrote:
YKVT wrote:er.. Is it a good investment? High risk or not?


I consider silver ultra high risk, higher than listed securities of companies.

Recently the price per ounce dropped from US$48 to US$36 an ounce. That's a 20+% drop in a matter of days!


I differ in opinion and experience. Of all my investments past and present, I profited the most from silver. I still believe it is a bargain now around US$40. :wink:

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Re: Investment in Silver

Postby lizs » Thu Sep 15, 2011 11:44 am

There is a Seminar coming up on 24th Sept 2011. If you are still interested, you can contact Nazmi at Hp:96994161

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