What Silver you should not buy in Malaysia

As I mentioned previously, selling Silver is not that convenient in Malaysia unlike Gold.

Therefore, for investment purposes NEVER buy Silver jewellery!!!

The second thing you should not buy as an investment in Malaysia are Coins with x% of silver. Overseas, like US and Australia bullion stores may purchase from you coins with 50% or 35% silver but not in Malaysia!

The third place you should not buy Silver, for investment purposes, is from Shopee, Facebook, or other online stores as they are either selling at ridiculous prices above spot rate or below spot rate (fake?). You have no idea if the Silver you are buying is fake or not! This also applies to gold as there are many fake gold bars too. No joke, Bank Rakyat was also conned into purchasing fake gold, google if you do not believe me.

If you want to buy silver bullion, only buy 999 or 9999 Silver Bullion. You can even ask the Bullion Store to show you that the Silver you are purchasing is real with a Light Gun (google to educate yourself) If the store you are buying Silver Bullion does not have a Light-Gun then how the heck does the store know if their Silver Bullion is real?

Click here to Page 5 for the Conclusion