Augmum:

This thread prompts me to take a gd look at copper and silver.........

IMHO, charts look promising, (esp copper) consolidating within symm triangle, waiting for potential upbreak of triangle ??

Triangle price patterns are good for trading.....as the boundaries are clear....
upbreak with high vol, a long white candle, indicates a Buy
while a downbreaks with a long black candle, triggers stop loss....

Disclaimer : Do yr own homework....juz my TA....

Irrelevant:

Correction. Oyu Tolgoi deposit was discovered in 2001.


If ah pek somehow save up enough dough to buy a Ferrari, will invite Aunty for a spin, OK?

PS. I am waiting.... for the ride. Err... can I take over the driving?

Irrelevant:

Aunty


Hope that your copper trades are profitable. Ah pek only dare to buy shares in small copper mining companies hoping to make a bit of pocket money...Ah pek also sleeps very little. Maybe it's gotta do with my age?

Rolls Royce vs Ferrari :oops:

Ngl2010

The relationship is not so direct lah.... First of all, a mine has to be built first. E.g. The Oyu Tolgoi mine was discovered in 2001. It is scheduled to start production this year. Even if production starts, might encounter teething problems...

Ah pek's good analysis :salute:

Irrelevant:

Harlequin:

Have never done any silver though, don't have much confidence in silver.

Aunty

If you are trading on margin and is bearish on silver, can always short it.. tio bor... :evil:

P.S. I must confess that I'm an abject failure at this kind of fast pace trading. The trading always play tricks in my mind.....

Harlequin:

peanut_butter:

You can get a lot of advise from PM addicts at http://www.goldclubasia.com/forum/

The members are locals. And they do not always agree with each other.

I prefer physical to paper silver for its numismatic value. They are more expensive than paper silver. During the craze one-two years ago, I snapped up common silver coins at $80/oz. The news predict that it is going to reach as high as gold price. Now I can get better ones at around $42/oz.

Where do you store the copper?

Buy copper futures. It's a type of option trade.

Harlequin:

Have never done any silver though, don't have much confidence in silver.

Coolkidsrock2:

Harlequin:

[quote=\"peanut_butter\"]You can get a lot of advise from PM addicts at http://www.goldclubasia.com/forum/

The members are locals. And they do not always agree with each other.

I prefer physical to paper silver for its numismatic value. They are more expensive than paper silver. During the craze one-two years ago, I snapped up common silver coins at $80/oz. The news predict that it is going to reach as high as gold price. Now I can get better ones at around $42/oz.

Where do you store the copper?

Buy copper futures. It's a type of option trade.

Harlequin:

peanut_butter:

You can get a lot of advise from PM addicts at http://www.goldclubasia.com/forum/

The members are locals. And they do not always agree with each other.

I prefer physical to paper silver for its numismatic value. They are more expensive than paper silver. During the craze one-two years ago, I snapped up common silver coins at $80/oz. The news predict that it is going to reach as high as gold price. Now I can get better ones at around $42/oz.

Where do you store the copper?

Buy copper futures. It's a type of option trade.

Harlequin:

Buy copper futures. It's a type of option trade.

peanut_butter:

You can get a lot of advise from PM addicts at http://www.goldclubasia.com/forum/

The members are locals. And they do not always agree with each other.

I prefer physical to paper silver for its numismatic value. They are more expensive than paper silver. During the craze one-two years ago, I snapped up common silver coins at $80/oz. The news predict that it is going to reach as high as gold price. Now I can get better ones at around $42/oz.

Where do you store the copper?

hr messy:

In my opinion silver is better option for investing. And according to my experience there is very low risk in silver and profit margin is much higher.

financial_guru:

YKVT:

er.. Is it a good investment? High risk or not?

I consider silver ultra high risk, higher than listed securities of companies.

Recently the price per ounce dropped from US$48 to US$36 an ounce. That's a 20+% drop in a matter of days!

adanial:

I know that some people bought the physical silver as investment..
not to sure how good such investment is.

YKVT:

er.. Is it a good investment? High risk or not?

financial_guru:

If you have a stock broking account that has access to US stock markets, you can buy it via yr stock broking platform.

You will hold shares in this exchange-traded fund (ETF) similar to how unit trusts work.
This ETF holds only silver assets and is priced at the silver price per ounce. (~US$30+ per share)