Archives for 2012

28
Mar

Get 3.5% Rebate For Your Silver Purchase

Here are 7 simple steps with screen capture on how to get 2% (Updated 2013) 3.5% off immediately for your silver purchase at our webstore, BuySilverMalaysia.com. We are the official distributor for Scottsdale Silver in Malaysia. We offer silver bullion bars and coins with pricing pegged to live COMEX pricing.

Step 1: Select your desired product

Buy Silver in Malaysia with 2% discount
^ Scottsdale Silver’s signature “The Stacker” is our best selling product.

Browse around our webstore at BuySilverMalaysia.com for vast variety of quality products including the popular Scottsdale Silver “The Stacker”, Canadian Maples and American Eagles. Once you are done with your selection, click [Checkout].

Step 2: Review your order

Buy Silver in Malaysia with 2% discount
^ Do a review of your order before confirming. You can update your desired quantity here as well.

At preview page, review your selected products. Select [Member Checkout] (if you are member) or [Guest Checkout]. Proceed with filling in the check out form. If you are a returning member, the form will be auto-filled.
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26
Mar

Importing Silver into Malaysia: 15.5% Effective Tax

In my previous post last year, I wrote about two HS-codes that every silver investor has to know; HS-code 7106 and HS-code 7118. If you have yet to read it, you can read it here: 3 HS Codes To Know Before Importing Silver into Malaysia.

Canadian Maple Leafs Silver Bullion Coin

Popular silver coins such as Canadian Maples, American Eagles and Austrian Philharmonic all fall under HS-code 7118. They are subject to import duty of 5% and sale tax of 10%.

In event your shipment got caught up by the Custom Department, chances are, you need to do clearance for it. You can either opt for Pos Laju or any forwarding agents of your preference to do it on behalf of you for a fee -or you can do it yourself.

So, how much is the tax actually?

Customs.gov.my stated that “Coin (other than gold coin), not being legal tender” is subject to import duty of 5% and sale tax of 10%.

Tariff Malaysia
^ http://tariff.customs.gov.my website

Thus, 15% aye? Not quite. You may be suprised.
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23
Mar

Micheal Maloney: The House Always Wins

Here is a short 3 minutes clip that all investors should pay attention to. Micheal Maloney shares his view on investment scams and traps that has been mushrooming all over.

“If you can’t hold it, you don’t own it”.

Micheal Maloney encourages the public to buy physical instead of certificates. He also discussed the disadvantages of investing in numismatic coins. He added while leveraging could reaps profit with little money down, it could be a double sided blade if not handled well.

This is a youtube clip I highly recommend to all precious metals investors be it novice or seasoned. A short 3 minutes video. Watch it.

22
Mar

Cara Membersihkan Koin Perak atau Dirham yang Kusam

Recently, an Indonesia blog on silver – tokodinardirham.wordpress.com translated one of my previous writing back in September 2011 on how to clean your tarnished silver. Here is the translated version in Bahasa Indonesia 🙂


Punya Koin Perak 999 atau Koin Dirham tapi udah agak kusam atau ada spot putih? Jangan khawatir, ada cara mudah dan cepat supaya koin kinclong lagi. Cekidot!! 😀

Tarnished
^ Koin Perak 9999 “Canadian Timber Wolf” yang kusam. Tapi!! Masih berharga senilai Rp 600.000,-

Tips ini mirip dengan cara memasak 😀 . Kita butuh 3 Bahan:

Ingredients

1. Baking Soda
2. Aluminum Foil
3. Air Panas
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19
Mar

“Gold is for the Fearful”, Buffet; Maloney Disagreed

Warren Buffet has recently published his annual letter to his Berkshire Hathaway‘s shareholders.

Warran Buffet and Mike Maloney
^ Buffer thinks Gold is for the fearful; Maloney says otherwise.

In his letter, he wrote his comment about Gold, which he refers as a short term “bandwagon” for fearful investors. Maloney however, on the other hand critised Buffet’s ways of comparing gold as an investment.

[Read more →]

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