Why Now Silver Better Than Gold

Peter Schiff, the CEO of Euro Pacific Precious Metals, LLC has always been very generous sharing his knowledge on precious metal investment.The following are the summarized points in the 8 minutes video:

  • Silver price broke out in August. Silver price has huge potential to shoot up much further. Click here for details. It is not too late to buy gold and silver.
  • QE3 is officially announced in September. Click here for details. He knew QE3 was coming because of QE2. Right now, you have an incredible opportunity in silver.
  • If you want to protect your wealth, you must buy gold and silver. Between now and then, there will be currency crisis.
  • Many investor overlook silver. Don’t ignore the opportunity in silver. As good as the gold chart looks, silver looks even better. Silver is going to make a new high.
  • For gold to get back to 2011 peak, gold has to rise 7%; for silver to get back to 2011 peak, silver has to rise 47%, just to get back to the previous high.
  • Even IF gold price DO NOT rise, silver price has to rise 20% just to get back to the average past 25 years ratio.
  • We have been in silver bull market for 12 years and it has a long way to run. Especially Ben Bernanke has promised to print money. Central banks will print money until the economy collapses.

Right now silver price is $35, silver price will easily shoot up to $200. The eBook Practical Guide For Investing Silver In Malaysia will guide you exactly step by step how to invest in silver. It is the best investment guide for Malaysians on silver investment.

Genneva Raided By Bank Negara Malaysia

On 1st October 2012 evening, Bank Negara Malaysia have raided the famous gold trader Genneva Malaysia Sdn Bhd and its affiliates for suspected offences under the laws administered by the respective enforcement agencies.

Bank Negara said on Monday the joint raiding operation was carried by the police, Domestic Trade, Cooperatives and Consumerism Ministry, Companies Commission of Malaysia and the central bank.

The public is advised to be cautious in investing their money to avoid becoming victims of activities that are illegal and in breach of the law,” said BNM.

BNM said Singapore’s Commercial Affairs Department also conducted a similar operation against Genneva Pte Ltd in Singapore.

Robert Kiyosaki once said, the objective of investment is to MAKE money, NOT to LOSE money. I too strongly urge you to learn be an informed investor. Learn the investment game and win the investment game. Investment is NOT a matter of luck. It about gaining the right knowledge and take the right action at the right time.

If you want to learn how to invest the correct way, take a look at the eBook Practical Guide For Investing Silver In Malaysia. You will learn how to invest silver the correct way. Most importantly, learn how to avoid precious metal investment mistakes.

Bank Negara Malaysia: Alert List September 2012

Bank Negara Malaysia Alert

Bank Negara Malaysia has published the latest (September) list of entity / company that consumers need to be alert on their precious metal trading activities.

Click Here To Download

For those who are investing or buying silver from companies, ensure you check the company name is not listed here. The companies listed in the above document are known as:

companies and websites which are not authorised nor approved under the relevant laws and regulations administered by BNM.

If you want to know the safe approach to invest silver in Malaysia, please download the eBook Practical Guide For Investing Silver In Malaysia. There is a list of trusted dealers you can buy from. I will guide you step by step how to invest silver in Malaysia.

 

How Much Was Property Price In 1980?

Do you know how much property price was in 1980 in Kuala Lumpur? The younger generation most likely cannot tell but let’s take a look a this scenario. Consider here is an average property:

  • Double storey 22 x 75
  • Less than 10km from city center
  • Reasonably good neighbour.
  • Reasonably good road accessibility.
  • Freehold land
  • Built by reputable developer
  • No water leak, not facing west.
  • Generally no problem.
  • Oh ya, no ghost too :)

In 1980, this property cost around RM60,000

We always hear from the property gurus saying that “we earn when we buy, not when we sell“. That basically means we need to buy undervalue property. In other words, buy below market price.

What if I tell you right now in 2012, this property is selling for 10% below 1980 price?

Do you think this is a good deal? Definitely yes! This property would easily cost RM400,000 to RM500,000 today. I would dig out all the cash hiding under my pillow and go for this deal. Unfortunately, this kind of property is almost non-existence. There is NO one thing that still has the price of 1980 in today’s measurement. Everything has gone up in price due to inflation.

However there is one thing is still selling below 1980’s price: SILVER

Everything else including gold price, petrol price, property price, stock market has gone up in price except silver. Silver price was almost $50 in 1980 but right now in 2012, silver price is just around $33. Not only it is below 1980 price, it is 30% below 1980 price!

Interestingly, the amount of available silver in 1980s was 4 billion oz. The amount of available silver in 2012 is only left with 1 billion oz.

The available silver is getting lesser and lesser. But the price is still below 1980 price. The demand for silver is going to push the price up to the sky. After adjusted for inflation, as long as silver has not reach $200, silver is still an undervalue asset for investor to invest.

Right now is the best time to start investing in silver. If you do not take action now, silver price might have just shoot up to sky high without warning and you will miss the opportunity. Click here to download the most complete guide on silver investment in Malaysia:


China Made US Dollar Going to Drain (aka Longkang)

Silver investment is all about buying silver at low price and selling silver later at high price. Since Silver price is measured in US Dollar. It is definitely worth to take a closer look into US Dollar especially what happened after QE3 is announced.

Congressman Ron Paul, a 3-time candidate for President of the United States said:

If we act now to replace the fiat system with a stable dollar backed by precious metals or commodities, the dollar can regain its status as the safest store of value among all government currencies. If not, the rest of the world will abandon the dollar as the global reserve currency.

Sept. 6 2012 is the most significant day in the history of the American dollar, since its inception. On that day, something took place that is going to affect our life, our family, our dinner table more than we can possibly imagine.

China made the official announcement on Sept. 6 2012:

Our banking system is ready, all of our communication systems are ready, all of the transfer systems are ready, and as of that day. Any nation in the world that wishes from this point on, to buy, sell, or trade crude oil, can do using the Chinese currency, not the American dollar.

China has officially abandoned US Dollar. The demand for US Dollar has significantly dropped. The value of US Dollar is significantly lowered. Unfortunately US Dollar is still the world reserve currency. The world reserve currency is going to affect all other currencies in the world including Ringgit.

When you continue keeping your wealth in Ringgit, that is exactly what government wants you to do, so that the government can print out more money. How do you think the central bank print out more paper money? The answer is by simply stealing (devaluating) the value of the Ringgit in your pocket. A fancy term is known as inflation. The reality is, prices of goods did not go up, it is the value of currency going down.

The good news is, silver price and paper currencies (such as US Dollar or Ringgit) always move the opposite direction. When the value of currencies goes down, silver price will shoot up. Silver not only a good medium to preserve your wealth, in fact silver price is going to rise significantly in the near future.

Now is the perfect time to get into silver investment especially during the trouble global financial time. Like any other investments, you must educate yourself before investing your money. The quickest way is to download eBook that guide you step by step on silver investment. Click here to download.

Maybank Silver Investment Account

After writing about Maybank Silver Investment Account (MSIA) Part 1 and Part 2, I opened an  account for myself to try out what is it like.

MSIA – an account that allows you to invest in 99.9% fine silver at a daily-changed price using Ringgit Malaysia (RM). The advantage is without the hassle of storing physical silver. The return on investment depending on the silver spot price fluctuations. Transactions (buying and selling) would be recorded in a passbook.

Maybank Silver Investment Account Passbook

The procedure is fairly simple. You step in to any Maybank branch and tell the staff sitting on front table that you want to open the Maybank Silver Investment Account, you do not need to take a number and queue, you will be redirected to one of the officers.

Once the officer attend to you, you will be given a form to fill up:

Maybank Silver Investment Account Agreement

It is a long document. Most people do not bother to read it. 16 pages printed front and back. If you do want to take a look at this document, you can view it here. Here is something I found totally shocking:

11.1 The Bank shall not be under any duty and/or liability in any circumstances to appropriate set aside and/or allot any silver for the time being from time to time held by the Bank to me/us and/or any of my/our MSIA and I/we shall have no right and at no time be entitled to demand and/or request such appropriation setting aside and/or allotment
In Malay language, it is stated as following:
11.1 Pihak Bank tidak mempunyai apa-apa kewajipan dan/atau liabiliti dalam apa-apa keadaan untuk mengasingkan, memperuntukkan dan/atau memperuntukkan mana-mana perak yang pihak Bank pegang pada masa itu, dari semasa ke semasa, untuk saya/kami dan/atau mana-mana MSIA saya/kami dan saya/kami tidak berhak dan tidak layak pada bila-bila masa untuk menuntut dan/atau meminta pengasingan, peruntukan dan/atau peruntukan seumpamanya
If you do not understand what that means and want to have an explanation in layman terms, I suggest you join my Malaysia Silver Investor Membership. I explained what exactly an investor is getting into by opening the Maybank Silver Investment Account. Once you fully understand the context, it is will be your decision whether you would like to proceed.
Here are some of the basic details you might want to take note before opening a Maybank Silver Investment Account are as following:
  1. For first time opening account, you need to purchase minimum quantity of 20 gram.
  2. For first time opening account, you need to pay RM10 of Stamp Duty Fee.
  3. You need to maintain 5 gram as minimum amount in the account at all time.
  4. Minimum purchase for each transaction is 10 gram.
  5. Silver price is changed daily.
  6. You cannot buy or sell silver using Maybank2U. You must perform you transaction over the counter. All transaction is done through the passbook.
  7. The buying and selling price can be seen here. (silver price at the bottom)
  8. There is no annual fee and no transaction fee to be charged on you.
  9. You receive no interest on the silver you have purchased.
  10. Replacement of lost / spoilt passbook will cost you RM15.
Here is what I’ve shared with the members in Malaysia Silver Investor Membership
Malaysia Silver Investor Membership Updates

However, Maybank Silver Account is a very convenient method for Malaysians to start investing in silver. If you are looking for a simple and easy channel to kick start your silver investment, the account offered by Maybank this is something you should consider.

In the eBook Practical Guide For Investing Silver In Malaysia, you will DISCOVER many other options for silver investment. You will learn a complete understanding about the silver market in Malaysia and how you can make maximize your profit.

QE3 Is Now Official

Federal Reserve on Thursday (13/9/2012) decided to launch a new program of open-ended bond purchases. This is also known as Quantitative Easing 3 (QE3). QE3 will buy $40 billion of agency mortgage-backed securities each month, starting Friday. It’s also keeping in place Operation Twist (another stimulation package). The bottom line is the central bank will be adding $85 billion of long-term securities each month through the end of the year.

Right after the news, silver price shoot up to $34.70 (almost $2 rise):

US Dollar and silver will always work on the opposite direction. What does it means? When the value of US Dollar drops, silver price rises; when the value of US Dollar rises, silver price drops. When QE3 is launched, it is an action to devaluate US Dollar (lowering the value of the paper currencies), which means the value of US Dollar drops, so consequently silver price reacted with it and went up almost $2 within minutes.

Also take note of the open-ended bond purchases mentioned above. In layman terms, that means Fed will continue devaluating or lowering the value of US Dollar as long as they want. There is no end to it. In other words, the potential for silver price to go up is also no end. Silver price will continue to rise and rise and rise and rise…

I have said it many times and I will say it again, “this is just the beginning“. Silver price has a long way to go. This is a wonderful opportunity in our time. Most people do not know this, but you are reading this blog right now, you must take advantage of the rising silver price. Honestly, it is not too late to start now. However, before you go in to silver investment, I suggest you equip yourself with the correct knowledge to avoid getting burn.

Check out the eBook Practical Guide For Investing Silver In Malaysia. It is the most complete guide for Malaysians to kick start the silver investment. It will guide you exactly step by step how to be a successful silver investor:

Bill Murphy: JP Morgan Secret Is Out, Silver Price $100 Soon!

The prices of gold and silver are breaking out. Bill Murphy, from GATA.org, predicted all of this over a month ago, before the near 30% jump and now he says this is just the beginning. Murphy is further forecasting continued explosive moves to the upside in the metals prices. “It won’t be long in till silver is at $100,” Murphy declares. But is physical precious metals the way to go? Check this fast-moving interview to hear Bill Murphy reveal the other investment he believes will actually outperform the metals as a “10 to 20 bagger.”

Murphy states that if the JP Morgan scandal breaks as he is expecting:

There is no telling what silver could do on the upside due to a short squeeze as JPM holds naked short positions 3 times the deliverable silver available on the COMEX!

Silver market is very tight. The amount of silver available for purchase is far less than the available gold. It will take up to weeks or even months if someone is trying to buy silver in large scale. This is the very first sign of silver shortage. Right now silver price is about $33. It is not surprising to see silver to hit $50 to $60 and it won’t be long before silver price hit $100.

When talked about general economy, Bill Murphy also mentioned the average person is being squeezed. When the financial crisis hits (which many believe is going to happen within a year) standard of living is expected to drop 30% to 35%

You must know how to invest in silver to protect your financial life. If you want to invest in silver but do not know how, the best time to start is to start NOW! The “Perfect Moment” may never come. Great fortune belongs to those who are well prepared~

Bill Murphy: $50 Silver Before The End Of The Year

Bill Murphy, the Chairman of GATA (Gold Anti-Trust Action Committee) have a recent interview with Capital Account. During the interview, Bill said silver is going to explode, if it is not September, then it will be in October. He added that silver is in big shortage, “If you want to get it in size. For example if you want to get it in 5, 10, or 15 million worth of silver, you can’t get it for weeks, or for months! And if you finally do get your silver, it will be current minted silver bar, means the silver has not been around.

Bill explained further, “As the people realize the shortage, that is happening now, JP Morgan will be went after for their short position, that is when the price of silver has gone from $26-$27 to now $32. Silver will be going to $50 by the end of the year.

When being asked, is the suppression scheme over?

Bill answered “JP Morgan has big problem with what happened and what they have done. It is going to be more difficult for them to keep doing what they have been doing. In addition they are running out of physical supply. I would look for price of silver to explode in not too distance of the future.”

You can take advantage of the coming silver price boom, as long as you know how to invest. The eBook,  will show you exactly how you can start investing in silver. If you are downloading today, you will also get a 30 days money back guarantee!