1 kg Silver Bullion Bar
Monday, January 4th, 2010 at
9:38 pm
the-gold-market.blogspot.com This is a 1 kilogram bar of silver bullion purchased at Ishifuku Kinzoku (Ishifuku Metals) in Japan. 1 kilogram equals 32.150747 troy ounces. I think I said something different in the video, I don’t know where I got that from. Silver is extremely undervalued right now. Silver stocks are almost completely gone and silver is mined only as a by-product of other metals like copper, so supply will not be able to meet demand in the future. Some believe the price of …
Tagged with: bar • bullion • economy • financial • invest • ishifuku • japan • kinzoku • metal • precious • silver
Filed under: Silver Videos
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nice bullion
Thanks for the comments. There’s nothing like holding the real metal in your hands, is there?
1kg is about 33oz so yeah great deal you got there!
Hey there,
I got some of those from Ishifuku too. Nice bars eh? Japanese are buying platinum like crazy here. They rarely buy silver so more for us.
Hey, Andrew. Thanks for the comment. Are you in Tokyo? I live in Osaka and bought them at the branch here. It took a couple of days to bring them in though.
Beautiful. Would like to get a pile of that now the inflation is inevitable.
A question tho: How do store it to keep it secure?
Hi there. Yeah I got mine in the Kanda, Tokyo branch. A guy there speaks good English too. Did you have to order your bars from the Osaka branch? Getting word that next week could see another price surge in silver. Load up. I have no money until Tuesday though.
Yeah, I had to order it in from Tokyo. The only silver they had in store was a 30 kg bar. And they don’t deal with silver coins at all, it seems.
A safe deposit box. If you don’t trust banks I suppose you could bury it somewhere…
Yes before I discovered Ishifuku the only other bullion place sold a 30kg bar only! They sell 1 ounce silver Philharmonics in Kanda for a huge premium, 6300 yen. Tomorrow, the 11th looks like the price will be dipping again.
A clause in the “Patriot Act” allows for bank confiscation of PMs (and firearms) kept in US “safe” deposit boxes. The best security for your PMs is secrecy. Hide them somewhere YOU can always access them. Tell no more than one other person WHOM YOU TRUST where to look, if something should happen to you, but you needn’t even tell them what’s there. If no one knows you have it, unless it’s somewhere a random search could easily find it, there is little risk of theft. =^[.]^=
Yeah, I’ve seen the Philharmonics online for that price and I assumed they were proofs but then I found out they’re standard bullion coins at ripoff prices.
I did notice the gold price dip yesterday and bought some gold at Ginza Tanaka. I didn’t check the silver price though. Ginza Tanaka was sold out of platinum coins. People are snatching them up.
You can always go with allocated storage, but if you have a significant amount have your allocated gold stored outside of your home country. That’s no guarantee that those other countries won’t confiscate, but if you store it some place with a very liberal free-market economy I don’t think there’ll be a problem.
I keep all mine at home, boxed up and hidden in the storage space. In Japan there’s little theft or robbery so I’m not worried.
could you put-up a link in side bar of the website where you bought it ?
Hi neverwill,
I have bought from Ishifuku in Japan. Are you in Tokyo or Osaka?
i’m from UK
Hi there,
Sorry I thought you were in Japan since the guy in the video bought it in Osaka. Japanese people are mostly buying platinum and gold here so more silver for us.
The website is all in Japanese so I’m not sure you’d find it useful. Ishifuku isn’t really a retailer anyway, they mostly sell huge quantities. They looked kind of freaked out when I walked into the office and asked for a couple bars. LOL
the questions to ask are >>> IS SouthernLibertyAmer COMPENSATED IN ANY WAY BY Monarch Precious Metals? Why are there no comments disagreeing with SouthernLibertyAmer? Could it be that SouthernLibertyAmer is a genius? Is SouthernLibertyAmer a paid shill? Is SouthernLibertyAmer unable to debate logically and censors open discussion?
1 Kilogram is 32.15 troy ounces
how much did you get yours i got 15 for 15k 1 k each is that to much or is it a good price
What’s your take on the local Osaka dealers here? Where do you think is the best source for silver? I like that bar. Had a bad experience myself with Tanaka. They did a switcharoo on me. Live n learn. I might try Ishifuku.
Im moving to japan, can I bring my silver into japan with out any problems??
Should i ship it in? I have like 2300 troy oz
Correction. Big spreads are not caused by the physical qualities of silver. Spreads are a function of liquidity. The more liquid the market, the tighter the spreads. The secondary market for physical silver is somwhat illiquid
just make sure it aint loaded with TUNGSTON sir!