We are now on our final stage for our soon to be launched webstore. We are really excited and we just can’t wait to have it launch. Here is a sneak preview on how BuySilverMalaysia.com will look like.
Tell us what you think!
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(Washington, D.C. – November 10, 2011) The Silver Institute released a report today entitled The Silver Investment Market – An Update, which forecasts world silver investment will reach a record high total of $10 billion in 2011, representing a 66 percent increase over the $6 billion posted in 2010.
Other findings from the report include:
- The outlook for silver prices is bullish for the remainder of 2011 and into 2012;
- Silver investment has become a key area of the global silver supply/demand balance;
- Since the beginning of 2008, global Exchange Traded Fund (ETF) holdings have grown by 364 million ounces (Moz), to 577 Moz on October 31, 2011; and
- This year, a fresh peak of 41 million coins is forecast for the U.S. Mint’s American Eagle silver bullion coin sales, eclipsing last year’s record of 34 million coins. Globally, bullion coin sales are on target to post another record high.
The report, prepared by Thomson Reuters GFMS, covers several key areas of silver investment, including a market overview, who is investing in silver and why, investment in paper instruments linked to silver, physical investment in western and developing markets, silver mining stocks, and an analysis of privately held silver bullion stocks.
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An interesting night for Silver. Silver broke the USD$30 support and went south to almost USD28.50 before moving up slightly above USD$29.x as I type this.
It is going to be another ride for silver investors! Hang in there!
Postme.com.my runs on a business model similar to Amazon. Merchants can sign up with them to have their product listed. Behind the web address, it is Pos Malaysia Berhad who orchestrate the show. It does not take a genius to figure out that the platform sits nicely on Pos Laju’s artery of networks for delivery.
^ Screen captured from Postme.com.my on 30th Nov 2011
Mynet Capital Sdn Bhd (Mynet) quickly sees this as an opportunity to reach more customer. With that, we now have Postme.com.my carrying Mynet’s gold and silver bullion!
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It is interesting to be able to listen to two prominent figures in silver exchanging ideas on the white metal. Here we have Mike Maloney and David Morgan together in a limo while in Las Vegas earlier this year.
David asked what would happen to the world if all gold and silver left the planet.
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