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<p>[QUOTE="medoraman, post: 4642298, member: 26302"]People could accuse me of suggesting buying PM. I have stated repeatedly that PM is a viable contra asset, and also the fact that DCA is a good way to mitigate timing issues, forcing a person to buy more when it's down and less when it's up. Accuse me of "pumping" then. </p><p><br /></p><p>Look at human behavior. Tons more people want to buy pm now than a year or two ago. I was posting here then it's a good time to buy. If a person listened to me, s/he would have been buying the last couple of years. They would have bought gold at $1200 and now at 1800, but more at 1200. Even if they listened to someone in 2011, they still would have bought more lower over the last 9 years.</p><p><br /></p><p>I don't know if he said it, but I would agreed with him if he did. People are horrible investors, only getting interested in PM when it's up. Buy it ALL of the time, but put more money in when no one wants it. </p><p><br /></p><p>To me, oil is cheap. Not a good time to buy expensive gold.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4642298, member: 26302"]People could accuse me of suggesting buying PM. I have stated repeatedly that PM is a viable contra asset, and also the fact that DCA is a good way to mitigate timing issues, forcing a person to buy more when it's down and less when it's up. Accuse me of "pumping" then. Look at human behavior. Tons more people want to buy pm now than a year or two ago. I was posting here then it's a good time to buy. If a person listened to me, s/he would have been buying the last couple of years. They would have bought gold at $1200 and now at 1800, but more at 1200. Even if they listened to someone in 2011, they still would have bought more lower over the last 9 years. I don't know if he said it, but I would agreed with him if he did. People are horrible investors, only getting interested in PM when it's up. Buy it ALL of the time, but put more money in when no one wants it. To me, oil is cheap. Not a good time to buy expensive gold.[/QUOTE]
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