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    Thread: Investing in Silver?

    1. #1
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      Investing in Silver?

      hi..

      heard from a few people that one should invest in silver as its prices are predicted to go up in a few years. I've checked a few sites but this goes above my head as am not much into it.

      so, please can anyone tell if this is a good idea because first of all it would be halal and secondly there seems to be no other reliable saving scheme in Pakistan other then investing in gold(?) which is quite expensive and for large amounts of money.

    2. #2
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      Investing in Silver?

      Quote Originally Posted by sinnersaint View Post
      hi..

      heard from a few people that one should invest in silver as its prices are predicted to go up in a few years. I've checked a few sites but this goes above my head as am not much into it.

      so, please can anyone tell if this is a good idea because first of all it would be halal and secondly there seems to be no other reliable saving scheme in Pakistan other then investing in gold(?) which is quite expensive and for large amounts of money.
      Why are you risking with money, yaar? Buy gold.


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    3. #3
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      Quote Originally Posted by AsadAbrar View Post
      Why are you risking with money, yaar? Buy gold.


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      Gold is too expensive these day! :-(

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      just go to the market and buy silver... you will see how cheap it is and won't give you much profit even if it hits highs, unless you buy a 1000kg... why not organize a major terrorist attack and see if that helps in reducing the price in gold?? atleast that is what english movies suggest villains do sometimes to earn huuuggge chunks of money fast... or kill the ceo of apple and buy all the apple stock on that day and sell it when the stock goes back up?? it happens all the time in hollywood...
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    5. #5
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      Quote Originally Posted by HAMMER of THOR View Post
      just go to the market and buy silver... you will see how cheap it is and won't give you much profit even if it hits highs, unless you buy a 1000kg... why not organize a major terrorist attack and see if that helps in reducing the price in gold?? atleast that is what english movies suggest villains do sometimes to earn huuuggge chunks of money fast... or kill the ceo of apple and buy all the apple stock on that day and sell it when the stock goes back up?? it happens all the time in hollywood...
      In hollywood, you can jump off a 50 story building and still survive. Why not try that?

      Sadly, that's not how things work. Sarcasm or whatever that was in your post, I fail to understand it's point.


      Back on topic:
      @sinnersaint, if it's not too personal, what's the rough amount of money you're willing to spend?

      IMO silver is not the best investment. It has potential to go up, that is when gold is unaffordable. What if the economy starts rising again before that peak? What if gold crashes again? Silver will sell for peanuts in that case.

      If you're looking for a quick buck, in my personal opinion, silver is not the place to invest. Real Estate and Gold are two of the highest yielding investments possible at the moment for us [Edit: Don't quote me on this one. I don't remember the source and it's credibility. I think I read it somewhere]. Like I said, a rough idea of the money at hand for a better response.
      Last edited by AbbY; 07-01-13 at 10:03 PM.

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      A wise investor never puts all his eggs in one basket. Safest way to secure your assets is to invest in multiple options; so if any 1 of them goes down, the other one goes up & u dont suffer any losses.
      cobby, A Rahim and kooldj like this.
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    7. #7
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      Investing in Silver?

      @sinnersaint
      How about prize bonds and getting dollars for your money?


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    8. #8
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      invest in currency of countries which are going forward like usa,china,uk,ksa,

    9. #9
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      LoL ... Investing in silver ... you have to buy a whole truck of silver to get some profit ......
      yara silver ki platain/cup 200 rs ki mil rai hoti hain ... its quite cheap

    10. #10
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      my dear brother i would suggest you Buy Gold Plates Original genuine like those which Arabs people use as there kitchenware , and keep them really close and safe The price of GOLD rises every single month when u find it much better profitable then Sell them , by this case you will be able to save a luxury amount of profit for your Coming Seven Generations Probably

     

     
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