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So Who's Still Buying?

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Valued Member
Shirayasha's Avatar
United States
141 Posts
 Posted 09/14/2012  04:18 am  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply
I would be buying... If I had money at the moment to buy. But when I do get money, expect to see me buying silver at 35 dollars an ounce, and gold at 1750 an ounce
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 09/14/2012  6:58 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Most of you guys are still looking to increase your silver position, and
most of you are doing it the right way.

Dollar cost averaging by buying a small amount tailored to your budget at each purchase over an extended period of time is a reasonably safe way to go.

It must be remembered that if you eventually wish to sell, that is, get out of your silver position, dollar cost averaging out of your silver position (selling), is also a reasonably safe way to go.

To achieve this, it is helpful to establish a good relationship with whoever you are buying from and can easily SELL to later on, as well.

A dump sale of all of your PM's can be done, but if you put as much effort into selling as you did when you bought, you will do better.

A good technique for selling would be to sell a little of your stash at a time when you actually NEED the cash to buy some necessary something.
Edited by sel_69l
09/14/2012 7:14 pm
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