The first thing you need to know about gold to silver ratio is 1 unit of gold buys 44 unit of silver today.
^ Ratio of Gold:Silver on 17th August 2011
When investing in Precious Metals, you will notice that unlike shares, it is measured in weight. Common terms are ounces and grams but do you know the different between ounce and troy ounce? If you happened to be in Kelantan, you will see gold or silver measured in dinar and dirham.
As I am typing this, silver drops from yesterday’s high of USD42.60 to today’s USD37.80. Below is what Jim Rogers said few months back.
Have a good weekend ahead!
Three weeks ago, I bought my first Apple MacBook.
Before that I have 3 laptops. One, I gave it away to my father in law. Two, is 3 years old. Three, is 2.5kg. I travel frequently too. It makes perfect sense to have a light weight lappie as a travel companion.
I went to Digital Mall in PJ and brought home a 13″ MacBook Air.
One stupid investment.
Now that you have decided to import silver or gold into Malaysia, it is crucial that you understand HS code for importing.
HS code stands for “Harmonized Commodity Description and Coding System”. HS code is the global standard for classifying trading products. It is maintained by World Customs Organization (WCO). More than 98% of world trade uses it, so it’s really important!
Please make your own assessment of the relevance, accuracy and adequacy of the information contained in this Blog. You are advised to make your independent investigations as may be necessary or appropriate for the purpose of such assessment including the investment risks involved.