Jim Roger on Silver and Gold

[lootster]

http://www.youtube.com/watch?v=YOTrn0G5j8Q

Found the above interview with Jim Roger.

Just wondering.... we can buy Gold ETF on the Singapore exchange but what about silver?

[Dennis Ng]

http://www.youtube.com/watch?v=YOTrn0G5j8Q

Found the above interview with Jim Roger.

Just wondering.... we can buy Gold ETF on the Singapore exchange but what about silver?

Hi Lootster,
you can buy Ishares Silver on U.S. market through Singapore stock broking firms such as through POEMS platform by Philip Securities.

For Silver, I invested through UOB Silver Saving Account, annual fees work out to be about 0.5%, which is reasonable and not too high. You also avoid GST through ETF and UOB, while buying physical Silver there is GST involved.

[lootster]

http://www.youtube.com/watch?v=YOTrn0G5j8Q

Found the above interview with Jim Roger.

Just wondering.... we can buy Gold ETF on the Singapore exchange but what about silver?

Hi Lootster,
you can buy Ishares Silver on U.S. market through Singapore stock broking firms such as through POEMS platform by Philip Securities.

For Silver, I invested through UOB Silver Saving Account, annual fees work out to be about 0.5%, which is reasonable and not too high. You also avoid GST through ETF and UOB, while buying physical Silver there is GST involved.

Thanks Dennis!

Is it call Ishares Silver Trust under AMEX? Just to be sure....

Will go find out more on UOB SIlver Account

[Dennis Ng]

http://www.youtube.com/watch?v=YOTrn0G5j8Q

Found the above interview with Jim Roger.

Just wondering.... we can buy Gold ETF on the Singapore exchange but what about silver?

Hi Lootster,
you can buy Ishares Silver on U.S. market through Singapore stock broking firms such as through POEMS platform by Philip Securities.

For Silver, I invested through UOB Silver Saving Account, annual fees work out to be about 0.5%, which is reasonable and not too high. You also avoid GST through ETF and UOB, while buying physical Silver there is GST involved.

Thanks Dennis!

Is it call Ishares Silver Trust under AMEX? Just to be sure....

Will go find out more on UOB SIlver Account

Yup.

[Ice-Man88]

Hi Dennis and everybody,

Ishares Silver may be good to do trading but not good for investing. Reason is u need 200 to 300k USD so tat they wil insure u in case they go bust. In other words, u can demand them for the pure physical silver.

Downside of buying physical silver is pay GST but at least u own something physical. If we ever go Armageddon or war like the show in Ip-Man, can exchange for rice to feed family

[Dennis Ng]

Hi Dennis and everybody,

Ishares Silver may be good to do trading but not good for investing. Reason is u need 200 to 300k USD so tat they wil insure u in case they go bust. In other words, u can demand them for the pure physical silver.

Downside of buying physical silver is pay GST but at least u own something physical. If we ever go Armageddon or war like the show in Ip-Man, can exchange for rice to feed family

which is why I prefer UOB Silver Savings account. Banks do not collapse overnight, before UOB ever goes into trouble, there is enough time to withdraw money and close the account.

[lootster]

Thank you both for highlighting this.... I have learn something

[lootster]

Will Gold ETF have the same issue as well?

[Ice-Man88]

Hi dennis,

How do u detect if UOB or banks have trouble before the masses start
to withdraw our money

[Dennis Ng]

Hi dennis,

How do u detect if UOB or banks have trouble before the masses start
to withdraw our money

simple. ALL Banks typically first start reporting losses...banks report their results once every 3 months. Typically it takes the bank more than 1 year of reporting increasing losses before they might be in trouble. Even Lehman Brothers did NOT collapse overnight, it started reporting losses about 1 year before its eventual collapse.

There is sufficient time to detect and withdraw your money.

[lootster]

Jim Rogers on Freedom Watch with Judge Napolitano 10 /16 /10

http://www.youtube.com/watch?v=hBN7UvaEKmI&feature=sub

[james-pooncw]

http://www.youtube.com/watch?v=YOTrn0G5j8Q

Found the above interview with Jim Roger.

Just wondering.... we can buy Gold ETF on the Singapore exchange but what about silver?

Thanks for sharing!
Also hear Dr Doom Marc Faber said in Sep2009:

http://www.youtube.com/watch?v=dZSq4FqR ... re=related
http://www.gloomboomdoom.com/public/pST ... PS_ID=2000

Jim Rogers- Next Recession Will Be Much Worse- April 2010 :
http://www.youtube.com/watch?v=X7lnTkpy ... re=related

Cheers
JPoon

[djwongdj]

gold prices is dropping....dropping....good time to buy!

[Dennis Ng]

gold prices is dropping....dropping....good time to buy!

between Gold and Silver, buy Silver.

[lootster]

gold prices is dropping....dropping....good time to buy!

between Gold and Silver, buy Silver.

That's exactly what Jim Rogers said