Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 30.12.2010, 11:35
Puhutes's Avatar
Forum Veteran
 
Join Date: Nov 2009
Location: val Müstair
Posts: 1,017
Groaned at 22 Times in 11 Posts
Thanked 606 Times in 318 Posts
Puhutes has an excellent reputationPuhutes has an excellent reputationPuhutes has an excellent reputationPuhutes has an excellent reputation
Investing in silver in Switzerland

There's already a tread here investing in gold. I've also read a lot of info about investing in gold and silver in America. Just wondering if anyone can point me in the direction for investing in silver here in Switzerland. Kind of a how to. Thanks!
LG Jennifer
Reply With Quote
  #2  
Old 05.05.2011, 08:59
V__ V__ is offline
Banned
 
Join Date: Aug 2010
Location: Lausanne
Posts: 1,347
Groaned at 321 Times in 173 Posts
Thanked 1,441 Times in 681 Posts
V__ has a reputation beyond reputeV__ has a reputation beyond reputeV__ has a reputation beyond reputeV__ has a reputation beyond reputeV__ has a reputation beyond repute
Re: Investing in silver in Switzerland

I have been looking to buy and sell silver via web but only to find this one

http://www.bullionvault.com/Buy_Gold...onCurrency=EUR

They physically posses the metal and you can pick up your bar in London or have it delivered. Anyone knows a similar conditions web or bank that provides the same service in Switzerland?
Reply With Quote
  #3  
Old 05.05.2011, 11:16
Member
 
Join Date: Jan 2011
Location: Zürich
Posts: 208
Groaned at 11 Times in 8 Posts
Thanked 255 Times in 109 Posts
ukal123 has an excellent reputationukal123 has an excellent reputationukal123 has an excellent reputationukal123 has an excellent reputation
Re: Investing in silver in Switzerland

You can buy physical Silver (Barr's) in most big banks in Switzerland (UBS, ZKB)

UBS AG
Gold & Numismatik
8001 Zürich
Phone 044 234 45 00

Its on Bahnhofstrasse in Zürich

Remember that when buying physical you dont pay the middle price and when buying allot it could mean paying allot extra.

consider buying Silver ETF which is also available in most banks

good luck
Reply With Quote
This user would like to thank ukal123 for this useful post:
  #4  
Old 05.05.2011, 11:31
Member
 
Join Date: Apr 2009
Location: Bern
Posts: 197
Groaned at 20 Times in 11 Posts
Thanked 51 Times in 44 Posts
swans1984 is considered unworthyswans1984 is considered unworthyswans1984 is considered unworthy
Re: Investing in silver in Switzerland

These people are highly regarded and do some good prices
http://www.guernseymint.com/
Reply With Quote
  #5  
Old 12.05.2011, 22:41
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 10,013
Groaned at 444 Times in 382 Posts
Thanked 18,478 Times in 9,794 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Investing in silver in Switzerland

Today's rumour is that it is the Chinese who are driving the big price swings in silver this year; know any Chinese who can give you tips?
Reply With Quote
  #6  
Old 12.05.2011, 22:51
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,302
Groaned at 276 Times in 182 Posts
Thanked 17,712 Times in 7,476 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Investing in silver in Switzerland

i sold all my silver and gold. don't plan on getting back in on PMs or commodities. i think the big economic slow down is coming very soon now.
Reply With Quote
This user would like to thank Phil_MCR for this useful post:
  #7  
Old 13.05.2011, 00:12
W-Maximus's Avatar
Member
 
Join Date: Nov 2009
Location: Zurich
Posts: 161
Groaned at 0 Times in 0 Posts
Thanked 105 Times in 66 Posts
W-Maximus has earned the respect of manyW-Maximus has earned the respect of manyW-Maximus has earned the respect of many
Re: Investing in silver in Switzerland

Quote:
View Post
There's already a tread here investing in gold. I've also read a lot of info about investing in gold and silver in America. Just wondering if anyone can point me in the direction for investing in silver here in Switzerland. Kind of a how to. Thanks!
LG Jennifer

Bit late to invest in silver. I would stick to gold, if any precious metal. But oil is a much better bet over the long-term. In the short or medium term, property in Zurich would also most likely give you a higher and less volatile investment return.

Work out your investment goals, and read the FT to get some background on the drivers of supply/demand re silver, and the inherent volatility before investing a large amount of money. An average person would not have sufficient cash or portfolio diversity to seriously consider an investment in one single precious metal.

My basic philosophy is to cut out the middle man, so do all your own research, and be prepared to be surprised/disappointed when investing speculatively.

All that glitters...
Reply With Quote
This user would like to thank W-Maximus for this useful post:
  #8  
Old 13.05.2011, 00:57
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,302
Groaned at 276 Times in 182 Posts
Thanked 17,712 Times in 7,476 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Investing in silver in Switzerland

Quote:
View Post
Bit late to invest in silver. I would stick to gold, if any precious metal. But oil is a much better bet over the long-term. In the short or medium term, property in Zurich would also most likely give you a higher and less volatile investment return.
While oil in the long term is good, barring any supply shocks, I think the economic slow down will depress oil prices in the near/mid term.
Reply With Quote
  #9  
Old 13.05.2011, 17:05
miniMia's Avatar
Forum Legend
 
Join Date: Apr 2007
Location: romandie
Posts: 9,991
Groaned at 101 Times in 92 Posts
Thanked 9,106 Times in 4,522 Posts
miniMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond repute
Re: Investing in silver in Switzerland

PLEASE stop messing with the sliver! If you don't I can't make jewelry because it will be too expensive and no one will buy it and then I will starve. Sheesh. Think of the starving artists.

Oh. The days of 4.00 and oz.... (sigh). I used to buy silver charms as a kid. They were cheaper than candy. Where did I put those damn things!?
Reply With Quote
  #10  
Old 13.05.2011, 17:21
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,302
Groaned at 276 Times in 182 Posts
Thanked 17,712 Times in 7,476 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Investing in silver in Switzerland

Quote:
View Post
PLEASE stop messing with the sliver! If you don't I can't make jewelry because it will be too expensive and no one will buy it and then I will starve. Sheesh. Think of the starving artists.

Oh. The days of 4.00 and oz.... (sigh). I used to buy silver charms as a kid. They were cheaper than candy. Where did I put those damn things!?
don't worry, prices are on the decrease.
Reply With Quote
  #11  
Old 13.05.2011, 17:34
porsch1909
 
Posts: n/a
Re: Investing in silver in Switzerland

Great idea buy silver. Buy high and sell low guys...

Wait....what...
Reply With Quote
  #12  
Old 14.05.2011, 21:29
Member
 
Join Date: Jan 2011
Location: Zürich
Posts: 208
Groaned at 11 Times in 8 Posts
Thanked 255 Times in 109 Posts
ukal123 has an excellent reputationukal123 has an excellent reputationukal123 has an excellent reputationukal123 has an excellent reputation
Re: Investing in silver in Switzerland

When buying physical Silver as an investment, remember that you automatically loose something round 7% on your investment and that is besides the spread dif. since you have to pay mwst, on it. The best is def. only buying as an etf.

And if you are looking to get in, now is def the time, had some big pull backs last week and can for sure go down further but my personal opinion which dosent mean much things it would be a great buy for a long term investment.
Reply With Quote
  #13  
Old 14.05.2011, 21:43
porsch1909
 
Posts: n/a
Re: Investing in silver in Switzerland

Quote:
View Post
When buying physical Silver as an investment, remember that you automatically loose something round 7% on your investment and that is besides the spread dif. since you have to pay mwst, on it. The best is def. only buying as an etf.

And if you are looking to get in, now is def the time, had some big pull backs last week and can for sure go down further but my personal opinion which dosent mean much things it would be a great buy for a long term investment.
Of course you are going to recommend that everyone and their uncle buy silver, just so it drives the price of yours, which you bought back at $25, up
Reply With Quote
This user would like to thank for this useful post:
  #14  
Old 15.05.2011, 02:06
miniMia's Avatar
Forum Legend
 
Join Date: Apr 2007
Location: romandie
Posts: 9,991
Groaned at 101 Times in 92 Posts
Thanked 9,106 Times in 4,522 Posts
miniMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond repute
Re: Investing in silver in Switzerland

Quote:
View Post
don't worry, prices are on the decrease.
Sell!! Sell!! Sell!!

Reply With Quote
  #15  
Old 17.05.2011, 11:05
porsch1909
 
Posts: n/a
Re: Investing in silver in Switzerland

Silver down to 33 from a high of 47. Hope nobody joined the bandwagon!
Reply With Quote
This user would like to thank for this useful post:
  #16  
Old 17.05.2011, 11:07
grumpygit's Avatar
Forum Veteran
 
Join Date: Feb 2011
Location: geneva
Posts: 1,476
Groaned at 29 Times in 16 Posts
Thanked 1,508 Times in 695 Posts
grumpygit has a reputation beyond reputegrumpygit has a reputation beyond reputegrumpygit has a reputation beyond reputegrumpygit has a reputation beyond reputegrumpygit has a reputation beyond reputegrumpygit has a reputation beyond repute
Re: Investing in silver in Switzerland

Soros just dumped his total gold stock
Reply With Quote
  #17  
Old 17.05.2011, 11:10
grumpygit's Avatar
Forum Veteran
 
Join Date: Feb 2011
Location: geneva
Posts: 1,476
Groaned at 29 Times in 16 Posts
Thanked 1,508 Times in 695 Posts
grumpygit has a reputation beyond reputegrumpygit has a reputation beyond reputegrumpygit has a reputation beyond reputegrumpygit has a reputation beyond reputegrumpygit has a reputation beyond reputegrumpygit has a reputation beyond repute
Re: Investing in silver in Switzerland

Quote:
View Post
When buying physical Silver as an investment, remember that you automatically loose something round 7% on your investment and that is besides the spread dif. since you have to pay mwst, on it. The best is def. only buying as an etf.

And if you are looking to get in, now is def the time, had some big pull backs last week and can for sure go down further but my personal opinion which dosent mean much things it would be a great buy for a long term investment.
I just saw this so am a bit behind the train, but I would have answered the same then. Silver has to be the worst investment in the world. Its description as a precious metal is totally unjustified, its use in the photographic industry has become shall we say 2nd division and its poor relation status to gold is worth little in investment status.
Reply With Quote
  #18  
Old 17.05.2011, 12:20
Member
 
Join Date: Apr 2011
Location: Geneva
Posts: 111
Groaned at 0 Times in 0 Posts
Thanked 59 Times in 42 Posts
terco has earned some respectterco has earned some respect
Re: Investing in silver in Switzerland

Silver has been a great trading vehicle...

If you are talking about 'investment' you should probably run as fast as you can from it...
Reply With Quote
Reply

Tags
silver




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Buy to let investing in Switzerland yogaphysio Housing in general 9 13.12.2010 08:56
Investing in Uranium Phil_MCR Finance/banking/taxation 31 01.10.2010 15:02
Investing in commercial properties in Switzerland GenevaSculler Finance/banking/taxation 2 07.01.2010 18:21
Investing money-->safely? Bambi Finance/banking/taxation 43 03.02.2008 11:17
Unethical investing Polorise General off-topic 0 28.08.2007 13:03


All times are GMT +2. The time now is 05:49.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0