Prices have fallen sharply as margin calls on leveraged positions caused further sell-off, which in turn greatly amplified the decline in prices. What is your opinion regarding the steep decline in prices?
(archived on 11/10/2011)
It is a good opportunity to buy bullion at a lower price.
(163 vote(s) - 42.4%)
It is healthy as the price crash has forced many speculative leveraged positions (paper or futures) to close resulting in a solid price floor.
(43 vote(s) - 11.2%)
The price collapse was initiated by a liquidity crunch. However, the sovereign debt worries (currently Europe) will soon push bullion prices up.
(78 vote(s) - 20.3%)
The liquidity crunch will continue as markets deleverage. Expect almost everything to keep falling.
(100 vote(s) - 26.0%)
Total votes: 384
|
Which of these products would you be most interested in ?
(archived on 11/10/2011)
Proof Coins at Low Premiums - these are very shiny, low volume, high quality, coins. We can obtain them at very competitive rates
(93 vote(s) - 26.6%)
Palladium Coins - such as palladium maple leafs. These coins have a rather high premium however
(35 vote(s) - 10.0%)
1/2 oz Silver Lunar Dragon Coins- we will carry Dragons soon, the small 0.5 oz size might make for a good gift coin
(108 vote(s) - 30.9%)
More Gold Bar Options - Such as Johnson Matthey Gold bars
(114 vote(s) - 32.6%)
Total votes: 350
|
On July 13th Ben Bernanke warned "If we default on the debt, it would be a major crisis" and also alluded to more monetary easing causing silver and gold to spike and the USD to fall.
What are your thoughts?
(archived on 11/10/2011)
The fact that the Fed Chief sees a default as a real possibility is alarming. Debt and derivative holders best take a closer look at their counterparty risk
(18 vote(s) - 6.9%)
QE2 just ended and the stage is already being prepared for more currency printing to buy treasury debts. This will further devalue the US Dollar and will negatively impact anyone holding it.
(46 vote(s) - 17.6%)
Both of the above. Diversify by investing in physical bullion to guard against both counterparty risk and currency devaluation while it can still be obtained easily and cheaply.
(178 vote(s) - 67.9%)
The greenback is still a better option compared to the euro now that the mainstream media is reporting on the debt situation in Portugal, Ireland, Italy, Greece and Spain.
(20 vote(s) - 7.6%)
Total votes: 262
|
Mexico is a large exporter of silver and an historical source of Pieces of Eight which became the first world currency in the late 18th century. Today's Mexican bullion coin is the "Libertad", is it worth buying?
(archived on 8/23/2011)
Yes, the coin is beautiful, well recognized internationally and might even have a slight numismatic value
(45 vote(s) - 21.3%)
Yes, as production of silver eagles and maple leafs cannot reliably satisfy demand it makes sense to buy bullion from a country owning large reserves of silver
(29 vote(s) - 13.7%)
Yes, if the premiums are reasonable
(70 vote(s) - 33.2%)
No, I only buy silver eagles or maple leafs
(24 vote(s) - 11.4%)
No, I prefer bullion bars rather than coins
(32 vote(s) - 15.2%)
No, I don't invest in physical silver
(11 vote(s) - 5.2%)
Total votes: 211
|
We plan to extend and standardize our weekday pickup hours from 12:00 to 7:00 pm instead of the current alternating hours.
Is this a change for the better in your opinion ?
(archived on 8/23/2011)
Yes, this is more convenient as I don't need to remember which opening hours apply for a given day.
(165 vote(s) - 62.7%)
Yes, this is more convenient as opening hours have been greatly lengthened.
(58 vote(s) - 22.1%)
No, I can only come in the morning and need the Tuesday / Thursday opening times.
(40 vote(s) - 15.2%)
Total votes: 263
|
Is the recent strength in silver a temporary blip or is it a base for higher prices? Why?
(archived on 4/28/2011)
Base - This is the beginning of a huge paper short squeeze as silver shorts have to cover losses.
(66 vote(s) - 15.9%)
Base - Prices will rise further as investors flee the USD's debasement amid the massive US debts.
(104 vote(s) - 25.1%)
Base - COMEX physical delivery shortages and increasing physical demand will keep forcing prices to increase.
(84 vote(s) - 20.2%)
Base - Silver is still well below the high of USD 49 in late 1979 and is still inexpensive compared to gold.
(64 vote(s) - 15.4%)
Blip - Prices have gone up too much too quickly. Expect a retreat in prices.
(67 vote(s) - 16.1%)
Blip - Confidence in the USD will return and cause investor demand to fall soon.
(30 vote(s) - 7.2%)
Total votes: 415
|
Physical Bullion is becoming harder to procure as more Investors worry about Counterparty Risks and demand Physical.
What are your Thoughts ?
(archived on 4/28/2011)
Most Paper Holders will be hurt in a Comex Silver Default which is becoming more likely. Buy Physical while it is still easily available
(131 vote(s) - 50.2%)
Use Paper for trading but accumulate some Physical as an added Insurance against a major Currency Crisis
(108 vote(s) - 41.4%)
This Physical Demand is a temporary trend as Investors are unduly nervous. Paper Silver is as safe an Investment as Physical Bullion
(22 vote(s) - 8.4%)
Total votes: 261
|
Do you follow recommendations from any of these people ? if so who do you prefer ?
(archived on 4/28/2011)
Jim Rogers - Author and founder of RICI Commodity index, made a fortune from commodities and the financial meltdown - now lives in Singapore
(70 vote(s) - 26.7%)
Mike Maloney - Wrote one of the best gold & silver investment books, part of the Kiyosaki Team
(81 vote(s) - 30.9%)
Robert Kiyosaki - Successful all around investor. Founder of the "Rich Dad, Poor Dad" book series
(41 vote(s) - 15.6%)
David Morgan - Author and publisher of the Morgan Report
(13 vote(s) - 5.0%)
G. Edward Griffin - Author of "The Creature from Jekyll Island" - How the FED came into being
(9 vote(s) - 3.4%)
Ted Butler - One of the most vocal voices on silver manipulation
(13 vote(s) - 5.0%)
George Soros - Currency mastermind, made a fortune by breaking the bank of England. Former partner of Jim Rogers.
(11 vote(s) - 4.2%)
I don't follow / know any of the above
(24 vote(s) - 9.2%)
Total votes: 262
|
We will be extending our pickup hours. Which timeslot is most convenient for you ?
(archived on 1/10/2011)
WeekDay Mornings - 9:00 am to 11:00 am
(7 vote(s) - 5.9%)
WeekDay MidDay - 11:00 am to 2:00 pm
(10 vote(s) - 8.4%)
WeekDay Afternoon - 2:00 pm to 6:00 pm
(6 vote(s) - 5.0%)
WeekDay Early Evening - 6:00 pm to 7:00 pm
(21 vote(s) - 17.6%)
Saturday Late Morning - 10:30 am to 12:30 pm
(20 vote(s) - 16.8%)
Saturday Early Afternoon - 12:30 pm to 3:00 pm
(55 vote(s) - 46.2%)
Total votes: 119
|
How do you store your Bullion ?
(archived on 1/10/2011)
At home in Singapore
(50 vote(s) - 45.5%)
At home outside Singapore
(7 vote(s) - 6.4%)
Safe Deposit Box - Certis Cisco (Singapore)
(23 vote(s) - 20.9%)
Safe Deposit Box - Other (Singapore)
(9 vote(s) - 8.2%)
Safe Deposit Box outside Singapore
(6 vote(s) - 5.5%)
Other / No Bullion to store
(15 vote(s) - 13.6%)
Total votes: 110
|
Which Perth Coins are you most interested in ?
(archived on 11/15/2010)
Kookaburra 2011 Coins
(31 vote(s) - 25.6%)
Koala 2011 Coins
(18 vote(s) - 14.9%)
Lunar 2011 - year of the Rabbit - Coins
(8 vote(s) - 6.6%)
None, I rather own Bars
(57 vote(s) - 47.1%)
None of the above
(7 vote(s) - 5.8%)
Total votes: 121
|
Which are you most interested in ?
(archived on 11/15/2010)
Coin capsules fitted for Silver Eagles
(21 vote(s) - 23.1%)
Coin capsules fitted for Gold Eagles
(7 vote(s) - 7.7%)
Coin capsules fitted for Silver Maple Leafs
(17 vote(s) - 18.7%)
Coin capsules fitted for Gold Maple Leafs
(6 vote(s) - 6.6%)
Books - "Investing in Gold and Silver" - Rich Dad Series
(14 vote(s) - 15.4%)
Books - "Get the Skinny on Silver Investing" - David Morgan
(13 vote(s) - 14.3%)
None of the above
(13 vote(s) - 14.3%)
Total votes: 91
|
Bullion trades above 600 USD in the USA are set to require IRS reporting.
What is your opinion given exec. order 6102 in 1933 ?
(archived on 9/1/2010)
Not a concern as I am not a US citizen / buying / storing in USA
(25 vote(s) - 28.1%)
Not a concern. A repeat of 1933’s US ban of gold ownership is very unlikely
(3 vote(s) - 3.4%)
It is a first step which could result in new taxes on bullion in the USA
(6 vote(s) - 6.7%)
It raises fears of a future bullion nationalization in the USA if confidence in the USD falls drastically
(17 vote(s) - 19.1%)
It is a sign that non-inflatable USD alternatives are becoming a concern for the US government and validates my reasons for buying physical bullion
(38 vote(s) - 42.7%)
Total votes: 89
|
Which of these is your favorite ?
(archived on 7/14/2010)
Silver Bars - 100 oz Perth Mint /Johnson Matthey
(39 vote(s) - 29.8%)
Silver Bars - 10 oz A-mark
(16 vote(s) - 12.2%)
Silver Coins - 1Kg and 10 oz Perth Mint
(13 vote(s) - 9.9%)
Silver Coins - American Eagle
(33 vote(s) - 25.2%)
Silver Coins - Maple Leaf
(24 vote(s) - 18.3%)
Silver Coins - Vienna Philarmonica
(6 vote(s) - 4.6%)
Total votes: 131
|
What best describes our thoughts on the Andrew Maquire, CFTC and Price Manipulation case ?
(archived on 7/12/2010)
The Maquire case is confirming my investment strategy to own physical silver / gold bullion
(41 vote(s) - 57.7%)
I already knew most of these things, however I do not believe there is a concerted price manipulation
(2 vote(s) - 2.8%)
Whether or not it is labelled manipulation is irrelevant. However the low physical stocks compared to paper silver/gold are a strong argument for physical
(17 vote(s) - 23.9%)
The low physical to paper ratio is not a problem as this has been the case for a long time
(4 vote(s) - 5.6%)
Expectations of a potential short squeeze due to a run on physical are exagerated, confidence in the USD as the ultimate reserve currency will remain and there is no serious argument to own physical
(7 vote(s) - 9.9%)
Total votes: 71
|
We added volume discount tiers based on your accumulated orders to our pricing. What do you think ?
(archived on 6/4/2010)
Good, because of lower prices on large volume purchases.
(12 vote(s) - 15.6%)
Good, it is a reward for existing customers as past purchases count towards a discount tier and lower prices.
(41 vote(s) - 53.2%)
I like the mix & match option and how small regular orders are added up to a discount tier.
(19 vote(s) - 24.7%)
It is confusing, I prefer the older system.
(5 vote(s) - 6.5%)
Total votes: 77
|
Would you be most interested in:
(archived on 4/1/2010)
Palladium Maple Leafs (Rare - Canadian Mint)
(9 vote(s) - 6.2%)
Platinum Koala Coins (Perth Mint)
(3 vote(s) - 2.1%)
Gold Nugget Coins (Perth Mint)
(20 vote(s) - 13.7%)
Gold Eagles / Maple Leafs (US / Canadian Mint) - small premium
(46 vote(s) - 31.5%)
Gold Bars - Small (Perth Mint)
(28 vote(s) - 19.2%)
None - Stay with Silver only
(40 vote(s) - 27.4%)
Total votes: 146
|
We have received repeated requests to carry some gold. What is your opinion ?
(archived on 3/24/2010)
Focus on silver, I can buy gold from UOB
(31 vote(s) - 28.4%)
I would buy gold if it was below UOB prices, prepay is fine
(50 vote(s) - 45.9%)
I would buy gold near UOB prices but only COD
(10 vote(s) - 9.2%)
Offer platinum rather than gold as it is harder to get in Singapore
(18 vote(s) - 16.5%)
Total votes: 109
|
The Centennial Tower office is open. What would be your preffered pick-up time ?
(archived on 2/17/2010)
Weeksdays in the morning - 9:00 to 11:30 am
(3 vote(s) - 4.8%)
Weekdays during lunch hours - 11:30 to 2:00 pm
(5 vote(s) - 8.1%)
Weekdays in the Afternoon - 2:00 to 5:30 pm
(4 vote(s) - 6.5%)
Weekdays right after work - 5:30 to 6:45 pm
(3 vote(s) - 4.8%)
I cannot make it by 6:45 pm, it would need to be after 6:45 pm
(8 vote(s) - 12.9%)
Saturday 11:00 am to 3:00 pm
(39 vote(s) - 62.9%)
Total votes: 62
|
Are you interested in monthly fix date purchases [e.g. every 15th of the month] of Silver Bullion at a discounted rate ? [pickup option at our - soon to open- centennial office]
(archived on 2/1/2010)
Yes, prepayment orders of 500 oz or more in exchange for a substantial prepayment and volume discount
(7 vote(s) - 11.3%)
Yes, I am interested to make fixed date orders of 500 oz or more but only as COD
(3 vote(s) - 4.8%)
Yes, but my orders would be between 200 and 500 oz
(2 vote(s) - 3.2%)
Yes, but my orders would be between 100 and 200 oz
(2 vote(s) - 3.2%)
Yes, but my orders would be between 50 and 100 oz
(16 vote(s) - 25.8%)
No, I rather buy when I feel spot prices are right
(28 vote(s) - 45.2%)
No, not interested but would consider this for Gold
(4 vote(s) - 6.5%)
Total votes: 62
|
We will introduce more Australian bullion coins in various sizes (larger coins have a lower premium) and designs. Which coin do you prefer?
(archived on 1/20/2010)
2 oz Koala
(10 vote(s) - 12.5%)
2 oz Kookaburra
(18 vote(s) - 22.5%)
2 oz Lunar (2010 - Tiger)
(6 vote(s) - 7.5%)
10 oz Koala
(23 vote(s) - 28.8%)
10 oz Kookaburra
(10 vote(s) - 12.5%)
10 oz Lunar (2010 - Tiger)
(13 vote(s) - 16.3%)
Total votes: 80
|
In Singapore a 7% GST tax on Bullion is mandatory. However, in some cases, GST can be claimed back. In which category do you fit ?
(archived on 12/3/2009)
I will buy through a Singapore GST registered company
(10 vote(s) - 11.8%)
I am Singaporean or PR but wish to store silver bullion outside of Singapore
(9 vote(s) - 10.6%)
I am neither Singaporean or PR and wish to export silver back myself by car [to Malaysia]
(12 vote(s) - 14.1%)
I am neither Singaporean or PR and wish to export silver back myself to my country by plane
(10 vote(s) - 11.8%)
I am a private individual in Singapore and need my silver in Singapore
(44 vote(s) - 51.8%)
Total votes: 85
|
Which new website functionalities would you like:
(archived on 12/3/2009)
Forum / Chat Boards
(11 vote(s) - 27.5%)
Article Ratings and Comments
(3 vote(s) - 7.5%)
Product Ratings and Comments
(2 vote(s) - 5.0%)
Web Banner Referral Commission (similar to amazon)
(1 vote(s) - 2.5%)
A primer explaining our rationale for investing in Silver Bullion
(3 vote(s) - 7.5%)
No need for above - only interested in lowest prices
(20 vote(s) - 50.0%)
Total votes: 40
|
Describes your interest in Physical Silver as opposed to Gold:
(archived on 10/8/2009)
Silver is inexpensive given it's all time high of 49.45 USD in 1980 (Inflation adjusted about 200 USD).
(18 vote(s) - 31.6%)
The Gold to Silver ratio of 60-70 makes Silver inexpensive (given a hitorical ratio of 13 to 1).
(19 vote(s) - 33.3%)
I like to diversify beyond Gold.
(5 vote(s) - 8.8%)
I just like shiny Silver Coins for collection and gifts.
(2 vote(s) - 3.5%)
Just browsing... Why buy Silver if you can buy Gold instead ?
(13 vote(s) - 22.8%)
Total votes: 57
|
What accessory would you be most interested in:
(archived on 9/7/2009)
Standard direct fit coin holders (e.g. 1.25 SGD each)
(9 vote(s) - 25.7%)
Premium (PVC free) museum style coin holders (e.g. 1.65 SGD each)
(9 vote(s) - 25.7%)
Cleaning Agent for 0.999 Silver
(5 vote(s) - 14.3%)
Empty 500 coin Monster Boxes (Eagles and Leafs)
(5 vote(s) - 14.3%)
None - stick with Bullion only !
(7 vote(s) - 20.0%)
Total votes: 35
|
Which silver coins would you rather purchase ?
(archived on 7/29/2009)
Vienna Philharmonic [same price as eagles]
(7 vote(s) - 16.3%)
Australian Koala [ 7+ SGD premium over eagles]
(2 vote(s) - 4.7%)
Chinese Panda [expensive at 18+ SGD over eagles]
(6 vote(s) - 14.0%)
Eagles and Maple Leafs are Best !
(28 vote(s) - 65.1%)
Total votes: 43
|
Which silver coin do you prefer ?
(archived on 7/7/2009)
Canadian Maple Leaf
(14 vote(s) - 42.4%)
American Eagle
(13 vote(s) - 39.4%)
No Preference
(6 vote(s) - 18.2%)
Total votes: 33
|