Click here to find out more Malaysia media coverage on silver investment.
Crocodiles are by far the most successful animals that has ever lived. They have been around for about 200 million years and have out-lived the Dinosaurs. Crocodiles patiently learn the behavior of their victims and wait for long periods of time (sometimes to the point of starving). Then when the time is right, they snatch their victim with confidence and precision!
Crocodile is big, fat, long and needs A LOT of protein in his diet to survive, to swim and to hunt. Is his energy best spent going around all day eating little fish which are easy to catch? Imagine how much energy he would need trying to catch a high quantity of low-quality victim like that all day. The strategy for crocodile is to strike less but each strike take a big gain.
When comes to physical silver investment, we have to invest like a crocodile. Crocodile does not waste time on the small fish; as a silver investors, we do not waste time in the small price fluctuation. Silver price fluctuate between 2% to 3% in a day is very common, do not be overly concern about it and do not waste time chasing the price.
If a person goes in and out during small silver price fluctuation, he might end up like this guy. First, he tries to analyze when is a good time to buy silver. Second, once he is in the game, he monitor silver price closely. He buys when silver price shooting up, sells when silver price coming down (well, sound familiar?). Thirdly, he found out he has been losing money and soon, he is out of money and out of luck. Game over!
If you buy and sell silver within a short period of time, you tend to end up like the guy above. For physical silver investment, do not waste your time chasing the price every day. In fact, looking at the silver price chart multiple times a day is a bad choice for physical silver investment.
Take a look at this chart that many silver investors refer to:
What does this chart tells you? Frankly, it tells very little except the current silver spot price. It is a light weighted line chart that can tell what is the current spot price but nothing more. The chart does not tell any trend and pattern, the chart does not show support and resistance. It is a quick and simple method to know current silver spot price, but sometimes what seems to be simple could complicate your life. On the other hand, if you are willing to spend a little time to learn silver investment, what seems to be complicated could simplify your life.
Personally, I only look at 8 hours chart, daily chart and weekly chart. Why? The longer the time frame, the clearer the trend is. On the other hand, the shorter the time frame, the more “noise” in the chart. The following is silver weekly chart since Oct 2011 till January 2013, there is a very clear wave and obvious range the price is traded for.
A crocodile investor patiently learns the silver price pattern and waits for the opportunity. When the time is right, he buys silver at bottom and sell silver at top with confidence and precision! A crocodile investor would have benefited from his silver investment in the following manner:
In Trade 1, the crocodile investor had 14 days to buy his silver at price $29 then 21 days to sell his silver for $35.
In Trade 2, the crocodile investor had 28 days to buy his silver at price $28 then 14 days to sell his silver for $35.50.
In Trade 3, the crocodile investor had 98 days to buy his silver at price $27.50 then 28 days to sell his silver for $34.50.
If the crocodile investor had put in RM10,000 initially, after 1 year, his investment capital would have been rolled into RM19,208.75. You see, crocodile investor only made 3 trades in a year to profit almost 100% return. He does not chase the small price changes every day or worry about the price fluctuation everyday. It is a total waste of energy. He looks at the big picture, learns the game and have a plan before investing in silver. Investing in silver without a plan is hunting in the jungle at night and hopefully kill a tiger. Common sense would tell us that is a joke. Come on, he would be lucky if he didn’t killed by the tiger instead.
Crocodile investment strategy is suitable for aggressive investors who have time and energy (although very little). There are other strategy such as dollar cost average that is for passive investors and other types of strategy where I discussed in eBook Practical Guide For Investing Silver In Malaysia.
There is no one size that fits all investor in silver investment. In the eBook, you would learn different options for investing silver in Malaysia. You need to understand different options so that you can choose one suitable for yourself. Click here to find out more.
About a year ago, I wrote an article on titled Silver Investment Cycle. In that article, I shared the following diagram:
Last month December 2012, The Star newspaper interviewed me to discuss on silver investment. The article titled More M’sians turning to silver, rather than gold, for investment. The following is the article in case you have not view it. (Click on image to view full size)
Then, China Press – another Chinese mainstream newspaper covers the same story titled 取代昂貴黃金 白銀漸成投資新寵 as following (click on image to view full size):
When you refer back to the Silver Investment Cycle chart earlier, we are at the Media Attention phase. If you observe the chart closely, Media Attention is also the early stage or very beginning of the up trend. In investment, we must target to Buy Low, Sell High. With silver spot price around $30 (1 oz of low premium physical silver around RM115), right now is exactly the time value investor would get into the market and start buying physical silver.
Soon in the near future, the general public would push both the price and demand into Mania Phase. That is the time when you hear your neighbours talking about silver in supermarket, friends gathering, in mamak stall, etc. By then, you know silver price has gone up so high that the cycle is about to end. That is the time you will want to sell. Well, leave that for the future. We are nothing close to there, yet!
Apart from teaching you how to invest in silver and what silver to invest, in the eBook Practical Guide For Investing Silver In Malaysia, I also share with you when will I exit my silver investment.
If you are new to silver investment in Malaysia, the eBook comes with Quick Start Guide show you step by step how to buy your 1st oz of silver at competitive price. In fact, in the eBook you will learn how to buy silver below market price! Click here to find out more.
SilverInstitute has published a report titled The Chinese Silver Market and it is available for download here. It is a 26 pages report fulled with small text and jargon, so I will explain it in a simple to understand manner.
China’s retail investment demand for silver has great potential to grow robustly over the short to medium term, as a wider population base gains access to silver bars and coins. The demand for silver in industrial application and jewelry are main drivers for the consumption. Silver investment demand has exponentially growing since 2008 – 2011. With a rapid development in the Chinese silver market, both silver demand and supply are expected to achieve even further growth in coming years. (Click on image to view full size).
Silver fabrication (industrial use) is set to rise across most sectors in the coming years, the strength of industrial demand will remain the key driver behind this growth. In the olden days, silver is a monetary metal first, then being used for other jewelries and utensils. However in the modern days with technological advances, silver is an industrial metal first, then only is a monetary metal.
The following chart will show you the difference between Fabrication Demand and Silver Supply. But what is “fabrication”? In layman terms, silver fabrication means making use of silver to produce goods. The silver is being used up and the silver is usually gone and cannot be recovered.
So, where did the fabrication demand use the silver for? The following diagram will answer the question. Silver is being used up in Industrial Applications, Jewelry, Silverware, Coins & Medals and lastly Photography.
If you remember what I mentioned earlier, in modern days, silver is an industrial metal first, then only is a monetary metal. We seen the industrial usage, now let’s take a look from the investment / monetary view.
In July 2009, restrictions to own silver were lifted by the government of China. The government now allow the people to invest in silver bars. China introduced its first ever investment opportunities for silver bullion bars in 2009. The people in China are buying silver for many reasons:
- China’s high household savings rate. That means domestic investors (rich local investors in China) have a large amount of cash that urgently needs to be parked.
- Investment options are still rather limited. Immature financial markets in China. Hence they invest into something proven to have value for the past thousands of year – gold & silver.
- The property market has been volatile and controls have been implemented to control speculation. At the same time, the stock market has seen heavy losses. Hence, focus shifted to silver.
- Interest rates for savers have remained low and, in fact, are close to zero in real terms. China government encourage the people to take out money to invest rather than saving the cash in bank.
Notice investment demand for silver has increased drastically since 2008 till 2012. (Year 2012 is not ended by the time this chart is drawn, so the final number is expected to be even higher.)
Investment demand for silver has posted a spectacular increase in China in recent years. From a small player just a few years ago, China has already become the world’s leading market for physical silver investment. One of the most famous physical silver coins from China is Silver Panda Coins that you can start investing as low as RM130/oz.
The legendary investor, Jim Roger said:
“If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.”
If we put it into a Malaysians’ investment context, it would be equivalent to:
“If you were smart in 2006 you parked your money to Bursa Malaysia, if you were smart in 2008, you park you money to property, if you are smart in 2013 you park your money to silver.”
Practical Guide For Investing Silver In Malaysia is an eBook specifically for Malaysian. You will learn different strategies in silver investment that anyone can apply. You will even learn how to invest silver below market price in Malaysia! Click here to find out more.
American Silver Eagle (ASE) is one of my favourite silver bullion coins. Apart from the beautiful design, ASE also has relatively low premium and high liquidity (easy to be sold off), which makes it an excellent option for silver investment in Malaysia.
Last week (17th December 2012), US Mint informed authorized purchasers that ASE 2012 had sold out and no additional ASE 2012 would be struck. The new ASE 2013 will only be available for order in 7th January 2013.
Well, this does NOT necessary means silver shortage has begun. It merely means US Mint has finished selling their ready inventory. Today in Malaysia, you can still buy ASE from many different dealers for a price from RM110 to RM136 depending which dealers and the quantity you are buying from. The good news is, ASE is still very affordable for many people to buy as silver investment.
Two advice for you when you invest in ASE:
- Do not rush to buy the “newest” ASE 2013 when it is available in Malaysia silver market. Regardless which coins, the 1st or the early batch of the coins are more expensive than when it is few weeks or months later. Few years down the road, your “1st batch coin” or the few months later batch make no difference. So, why pay more? The additional premium you paid for getting the early batch means nothing except that you get to hold a new ASE 2013 coin earlier than everyone else. That’s it.
- ASE premium does not appreciate itself like other collectible silver items. ASE truly walks the talk of “1 oz of silver is 1 oz of silver”. Regardless how old your ASE coin is, your ASE coins always worth the same with ASE coins of other years. Some investors see this as a form of disadvantage for ASE coins. If you are looking for coins that appreciate in value regardless of spot price, you should consider numismatic coins or semi-numismatic such as Panda coin.
In my eBook Practical Guide For Investing Silver In Malaysia, I have given the following rating for American Silver Eagle coins:
In the eBook, you will learn many other silver coins, silver round and silver bar. I also discuss in detailed what are the factors that you should consider before investing in any particular silver. In fact, there are some silver items you should totally avoid!
Practical Guide For Investing Silver In Malaysia is an eBook specifically written with a Malaysian’s context for silver investment. You will learn different strategies, tips and tricks you never thought of in silver market. Please click here to find out more.
QE4 (Quantitative Easing 4) is officially announced by Ben Bernanke, The Chairman of Federal Reserve on 12th December 2012, which is only 3 months after QE3 is announced in September 2012. This “money printing” will be adding 1 trillion dollar (USD 1,000,000,000,000) into financial market in 2013.
Silver price fluctuate in an (almost) exact mirror the day before and after the announcement of QE4. It is obvious that the traders are systematically trading silver on paper using previous day as an opposite reference.
Creating inflation is the main objective of quantitative easing. Throughout history, government that “print money” will eventually collapse their own economy. Germany (in the 1920s), Zimbabwe (in the 2000s) and Japan (2001-2006) have all done quantitative easing and the efforts are all FAILURE.
Why do they have to print money? Why create inflation? What is the real problem here?
The problem here is really simple: The economy is not growing. The people are not spending enough money to stimulate the economy. Hence, the government “print” more money for the people to spend. Federal Reserve will “print” as much money as possible until the economy recovers, which is IMPOSSIBLE.
I will show you a simple explanation why this is impossible.
Abu is born in a rich family. His father En. Jamal is a decent businessman. When Abu at age 21, he got a job with salary RM2,000 a month and he applied a credit card from Maybank with credit limit of RM20,000. Being young and fantasized by the materialistic world, Abu started spending money using the credit card. He soon has reached his credit limit and he could not afford to pay back the debt. En. Jamal (being a loving father), used his personal saving to help Abu to pay off the credit card debt. Abu is happy now and very soon, he started spending on the credit card, again. But this time, he called up Maybank to ask for a larger credit limit of RM50,000 because the smaller and cheaper “toys” could no longer satisfy him. Once he hits his credit limit, the father En. Jamal has to use his personal saving to pay off his son’s debt – only this time a larger debt at RM50,000. Abu knowing his father will always pay off the debt for him, Abu this time ask for RM100,000 credit limit from Maybank. Then… well you know what happen… The credit card debt cycle will grow larger and larger until one day En. Jamal can no longer help his son.
So how does the story relate to Quantitative Easing?
En. Jamal is the government and Abu is the economy. Every time Abu is in financial trouble, En. Jamal has to take out money for Abu to keep Abu going. Each time the amount will be larger and the problem happens more frequent. The money being used to “save” the situation did not really save the situation but encourage the problem to be bigger the next round. QE3 is printing $40 billion every month and QE4 is printing another $45 billion every month. Then, guess what’s next?
If you have problem understanding the story of Abu and En. Jamal. Another example would be a drug addict and his drug. When the drug addict is addicted to a drug, he will need it from time to time, with a heavier dose and more frequently. He will continue need it until he finally collapses. In this case, US economy is the drug addict and QE1, QE2, QE3, QE4 are the drugs.
The interesting part is, QE1 and QE2 have definite period of time and definite amount of money to be “printed”. When it’s over, it’s over. While for QE3 and QE4, they are open-ended. In other words, there is no end to them. Federal Reserve will print as much as they want, that’s why QE3 and QE4 are QE Four-ever.
The solution is the problem. En. Jamal should have NEVER helped Abu when the 1st time he get into financial trouble. En. Jamal should have let Abu felt on the ground and learn to pay off the debt himself (learn to recover from the financial trouble himself). Similarly, Federal Reserve should have NEVER introduced QE1, QE2 and QE3 at the first place. US should have let the economy crashed in 2008 and recover on it’s own (not by artificially stimulating the economy using QE1). The financial problem will now grow bigger and bigger to a level that beyond recovery. Since US Dollar is the world reserve currency, this financial crisis will grow so big until the whole financial system collapse.
I have no power to change what Federal Reserve has done, but I have the ability to prepare myself for the coming financial crisis. J.P. Morgan (1912) said, gold and silver are money, everything else is credit. I’m preparing myself and keeping my wealth in precious metal (real money) especially silver.
Silver has huge industrial demand (while gold has little, close to none), in fact it is the second most traded commodity in the world (after oil). Silver to gold production ratio is 10 to 1, while current price ratio is 51 to 1. In other words, silver is still way undervalued. Silver price has to increase significantly to match the actual production ratio. Robert Kiyosaki said “Silver is no.1 investment today, silver is biggest thing against inflation, great investment!“.
When comes to money, talk is cheap, action is everything. I have written the eBook Practical Guide For Investing Silver In Malaysia to show Malaysians how to invest in silver. If you are serious about protect yourself against inflation, click here to find out more.
With silver at $50 per ounce in 1980, all of the world’s silver equaled the U.S. monetary base. However, at today’s prices, in order to be equal to the U.S. monetary base, silver would have to trade for over $1,000 per ounce! -FutureMoneyTrends.com, December 2012
Practical Guide For Investing Silver In Malaysia is the no. 1 eBook to show how Malaysians can make the most return out of silver investment. You will learn the tips and tricks for investing in silver. If you are serious about silver investment, click here to find out more.
Property investment is a favorite subject for investors in Malaysia. Many investors have made good profit from property for the past few years and even more are desired to be part of the game. Property is the ultimate investment tool. Not only property provides cash flow but also capital appreciation that works for investors in passive manner. If you compare property with any other investments, property always comes out as the overall champion. So, how does property compare with silver?
Let’s compare property with silver in 3 different aspects:
Property is a great tool to receive cash flow. Fundamentally good properties always have high rental demand and yield very good cash flow. The best thing a property investor could do is to divide a large apartment (or a double storey house or shop lot) into many partitions and start renting them out to maximize rental return. It is always more profitable to rent out smaller rooms than renting a property as a whole. The downside is, it is more work to rent separate small rooms compared to a whole unit. In silver, cash flow is almost non-existence. A silver investor do not receive any cash flow no matter what silver he invests in. There are precious metal investment programs that provide “interest” or “dividend” or any other forms that carries the similar meaning, but that often doesn’t end up well. In silver investment, the only exception that provides cash flow is to start trading silver as a bullion dealer. You buy a piece of silver for RM120 and resell it for RM135. That is a cash flow of RM15. Some might argue that is running a trading business and it’s not a investment. Well, renting out a property requires certain amount of work too such as renovation, arrangement for furniture, finding tenants, collecting rental, up-keeping maintenance, etc. In both property and silver, it depends on how much effort the investor wants to put in order to receive the cash flow.
Both property and silver provide capital appreciation. For property, since 2008 till date, price has increased significantly. There is no absolute number to measure how much property price in Malaysia has increased as different locations, different types of property, or even different units of property in the same project might face different capital appreciation return. In property investment, there is also difference between asking price (the price that the property agent / owner wants to sell) and transacted price (the price that the new buyer bought it for) hence it is really challenging to provide an exact number how much property has appreciated since 2008. However if anyone has been following the increase of property price, it’s totally not surprising to find out property price has increased for anything between 100% to 150% since 2008. On the other hand for silver, since November 2008 until November 2012, silver price has increased approximately 200%. It is much easier to measure the appreciation of silver price by tracking silver spot price but nevertheless there are different type of premium for silver.
In investment sense, leverage often means using OPM (other people’s money). In property investment, an investor has leverage of 1 to 10 ratio. Example, a person has RM20,000 can buy a RM200,000 property by borrowing the remaining 90% from the bank. Banks love to borrow money for property buyers as the loan is backed by a physical asset. If you understand how a home loan works, banks charge the maximum interest in the early years and ONLY allocate your repayment to knock off the principle portion at the end of the loan tenure.
Any “misbehave” while serving the loan (such as defaulting payment for 3 months), the banks have the rights to raise your interest from -2.4% BLR to +2.5% BLR. If we take today’s interested rate at 6.6% and you are getting a -2.4% BLR, your actual interest rate is 4.4% (6.6% – 2.4%). If for whatever reason you could not pay the installment for 3 consecutive months, the bank could increase your interest rate +2.5% BLR which is equivalent to 9.1% (6.6% + 2.5%). From 4.4% to 9.1% in a more layman perspective, that means if you take a loan of RM200k for 30 years at 4.4% interest, you are paying approximately RM1000 as monthly installment. If for whatever reason the bank increases the interest rate to 9.1%, your installment will now be slightly more than RM1600. From another aspect, if your property value appreciate for 10% from RM200,000 to RM220,000, you are making 100% return from your RM20,000 down-payment. However when your property value depreciate for 10% from RM200,000 to RM180,000, you are making 100% lost on your RM20,000 down-payment. When that happens, really quiet a tough situation to be in. Leverage is a double-edges sword, it can cut your enemy, it can also cut you.
For silver, leverage is again almost non-existence. There is no bank that will borrow you to invest in silver. Well, when there is a will, there is a way. You can take a personal loan or use over-draft facilities to buy silver, but that is highly not recommended. The fluctuation in silver price is too huge to use a loan to invest for one simple reason: the interest on the loan is a constant (fixed) while the return is unknown. Silver price could go up and come down in different time of a day. There is no benchmark for silver price movement. Taking a loan to invest in property is a calculated risk (if you know what you are doing), but taking a loan to invest in silver is purely putting yourself in risk that has no form of systematic way to calculate the risk vs return. It’s just pure risk. This act is comparable to gamble away your money in Genting Highland!
It is rather challenging to define a clear winner in investment. However if we look into the minor details, property often comes out as the overall champion. So, why are we still looking into silver investment? No doubt property is the ultimate investment tool, the reason why we are talking about silver investment is because the cycle that we are in right now. The cycle for property is almost over, transaction is low, appreciation is not growing as the previous years, prices has gone way above affordability level. Silver on the other hand has tremendous upward potential, affordable where every middle class can afford to buy 1 oz of silver every month, and silver has strong physical demand in both industrial usage and investment demand.
Practical Guide For Investing Silver In Malaysia is a non-bias eBook written by Malaysian to Malaysian to show you why silver investment is such a great option and how to invest silver in Malaysia to maximize your profit, click here to find out more.
Price to get in and price to get out are the most important factors in silver investment. Price is the most important factor in almost all investment you put your money in. Your profit in silver investment is solely depend on the difference of price when you buy and the price when you sell. It is a typical application reaping profit by buying low and selling high. A simple concept but NOT many investors can fully utilize, for one reason :-
Silver price volatility is relatively high. If you have been following silver price since 2011, you will agree that silver price fluctuation could be as high as 30% in few days (within a week). Price fluctuate for 3% to 5% a day is no surprise to any investor who has been monitoring silver price.
I will show you a real life example happened last week. On Wednesday (28/11/2012) night around 10 PM, silver price dropped from $33.80 to $32.90. If you have bought a any amount of silver before the drop, that is equivalent to seeing your RM100 become RM97 in just 2 hours. I’m sure that is not a very pleasant experience.
Within the next 24 hours, silver price has climbed back up, traded within $33 – $34 range and then shoot up vertically to $34.30 on Thursday (29/11/2012) night:
If you have bought some silver when price dropped to $32.90 and sold your silver at $34.30, that’s pretty good profit for 24 hours ya? Unfortunately, in reality things is not as simple as that. No one can predict silver price movement and no one can buy and sell physical silver instantly.
It is not recommend for average silver investor to bet on short term fluctuation of silver price. That is the guarantee recipe to get sleepless nights!
In order for you to avoid your capital in silver investment get affected severely, you can consider adding silver coins that has numismatic value into your silver portfolio because many coins that have numismatic value have their own market price. They do not get affected by spot price severely. Here is an example for 1 oz Panda silver coin:
|Year||Issued Price (including 15% tax)||Current Price (including 15% tax)|
|2010||RM 92.00||RM 224.60|
|2012||RM 165.00||RM 168.20|
* Due to the numismatic nature of Panda coin, price might slightly varied due to different geographical demand and currency conversion rate.
From the above chart, the value for panda coins have their own market price. The fluctuation in silver spot price has little effect on Panda coins price. Earlier this year (2012), when spot price dropped to $26 – $27, Panda coins price did not drop. It remained at RM168. However, when silver spot price increased in 2010 – 2011, the Panda coins prices have significantly increased due to both increased of spot price and the appreciation of Panda coin numismatic value.
The same did not apply to other bullion coins such as American Silver Eagle or Canadian Maple Leaf. These bullion coins prices are directly affected by the changes in silver spot price. When spot price dropped, these coins price dropped and vice versa.
Back to Panda coins, apart from price factor Panda has limited and small amount of mintage compared to other legal tender coins such as American Silver Eagle coins. China population is 4.3 times more than United State population and China government is encouraging the citizens to buy the Panda coins themselves. Right now, many Panda coins remains in China (owned by Chinese collectors and investors).
The potential in Panda coins is something you should not overlook.
Hence, if you are looking for an alternative to manage silver price volatility, coins that carry numismatic value are something you should pay attention to. Panda coins are good examples. However note that not all numismatic coins are equivalently suitable for investment. A novice silver investor should stay away from high premium numismatic coins – unless he has acquired the necessary knowledge knowing what numismatic value is worth paying for.
I have written the eBook Practical Guide For Investing Silver In Malaysia to show how Malaysians can make the most return out of silver investment. If you are serious about silver investment, click here to find out more.
For this week update, I want to share the following 3 resources with you:
Item No.1: Free Report: The Outlook For Silver Industrial Demand. It is a 15 pages free report provided by Silver Institute published in November 2012.
- You will learn the Economic Outlook
- You will learn silver industrial demand outlook.
- You will know the role of silver in industrial items such as cars, solar panels, computers, televisions, iPhone, iPad, etc and silver the world has been consuming
- You will know what are the countries have been buying silver for the past 8 years.
- and a lot more…
Click here for your free download now!
Item No. 2: Mike Maloney vs Adolf Hitler video. A funny video on the greatest wealth transfer in human history spoken by Mike Maloney has finally come true. The story started by Robert Kiyosaki lend money to Mike Maloney to cut off key silver supplies by taking over coins shops in certain areas…
As David Morgan has spoken, the real potential of silver will only come at the last 10% of the time of bull run. This videos showed Hitler was trying to manipulate the silver price through technical analysis but unfortunately silver price manipulation could no longer manage the price. In my eBook: Practical Guide For Investing Silver in Malaysia, this situation is described as “wrapping fire with paper“, the manipulation cannot go on forever and when paper can no longer wrap fire (silver price manipulation get exposed), silver price will shoot up to a new level.
Item No. 3: War World III Simulation. When Israel started attacking Gaza, the conspiracy of War World III has again came back. This video produced by FutureMoneyTrend.com simulate what the world is going to look like if War World III actually happens.
Interesting in the video is gold, silver and oil are being mentioned again and again.
If you want to invest in oil, you cannot be storing a tank of oil in your apartment, your only option is paper oil. Some investors argue they do not like paper asset during crisis, hence the option is left with gold and silver. It is an obvious indication that during the time of crisis, everyone would run to precious metals which are gold and silver to protect their wealth.
Between gold and silver – where both of them are precious metal, silver is a much greater option to put your money in for one simple reason. Gold has value mainly due to people believe gold should have value. It is only about perspective. While for silver, apart from being recognized as real money for 4000-5000 years of history, silver also has real industry demand. The silver available on ground has dropped more than 93% since 1950. While the supply for gold has increased more than 600% since 1950. Gold is mainly being hoarded (kept in somewhere, not being used) while silver is being consumed by industrial demand.
Please download this free report to understand how great the demand for silver is. When industrial-demand consumes more and more silver each year and supply is not picking up, physical silver price will explode. A very good example to illustrate is whenever 1oz of physical silver is being mined, that 1oz is being traded approximately 100 times in COMEX (paper market) before being put for physical use.
This is how little silver there is left to be owned by investors. Put at least 15% to 20% of your money into silver before the silver bull run starts. Good luck investing! Until next week.
In Practical Guide For Investing Silver In Malaysia, you will learn step by step how to invest silver in Malaysia to maximize your profit. In the eBook, you will learn the exact strategies and the safe places to buy your silver from. Click here to find out more.