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Silver bullion

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Silver bullion

Postby Nong Bua » March 2, 2010, 2:39 am

Is there any place in Udon thani or near where i can buy silver bullions?
Or is it better invest to gold jewelery?
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Re: Silver bullion

Postby KHONDAHM » March 2, 2010, 3:21 am

Nong Bua wrote:Is there any place in Udon thani or near where i can buy silver bullions?
Or is it better invest to gold jewelery?

I have yet to see silver bullion in anywhere Thailand. I would venture to guess that it is possible to order it from any of the well established gold stores, but expect to leave a full deposit in advance and a long wait.

Gold jewelry is not a bad idea, but you will be paying about THB 200 more commission per baht weight on both the purchase and sale side than you would if you bought gold bars.

Cheers! ;)
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Re: Silver bullion

Postby TJ » July 10, 2010, 2:53 am

I too am interested in how to buy silver bullion in Thailand. It is simple to do in the U.S. and considered possibly the best and safest choice for securing assets. I've been in the U.S. for over a year trying to sell my house and some land and do not have the opportunity to do research now. A typical U.S. pro-silver article states:

"...the six largest US banks report holding 99.5% of all the precious metals derivatives in the US banking system.”

Now you know why silver, in serious short supply and evermore vitally needed, is selling for less than $19 an ounce right now, when gold is over $1,200! Using the last 4,500 years as evidence of their average correspondence, a gold-to-silver ratio of 15:1 means that silver should be $81 dollars an ounce! Right now! 426% higher!

And with the roaring inflation that is guaranteed because of all the money that the Federal Reserve is creating so that the federal government can borrow it and spend it, both silver and gold will be much, much, MUCH higher from here!"
http://www.lewrockwell.com/daughty/mogambo54.1.html
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Re: Silver bullion

Postby udonuk1 » July 10, 2010, 10:56 am

And in the last 2 weeks, the price has dropped 10% , more in other currencies !
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Re: Silver bullion

Postby arjay » July 10, 2010, 1:10 pm

You can follow the daily price movements of silver, gold, oil and some commodities here:

http://news.bbc.co.uk/news/business/mar ... efault.stm
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