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<p>[QUOTE=&quot;Deadline, post: 2583850, member: 83423&quot;]The basic investment strategy here is ok but some of its parts are flawed. Instead of DCA I call it CPOA(cost per ounce average). Obviously keeping your CPOA as low as possible is key. Goals and parameters need to be set. The best scenario for this is a mid- long term goal with an underlying theme of investing in silver(real money) as a hedge against inflation, a weakening dollar and wealth preservation. If you are going to buy one month then sell the next this whole concept is irrelevant since your only short term investing. Silver can be volatile and STI in it is risky. Keeping track of your CPOA is still important to know if your making a profit. Now if your going to commit to a longer time frame there is only one thing you need to do and that is to only BUY ON THE DIPS. Setting a specific day to buy each month is BAD advice, your leaving your purchases to random chance instead of controlling your purchases. Having a set dollar amount is ok but hold on to it in case a month goes by when prices are to high to buy. Again, &quot;ONLY BUY ON THE DIPS&quot;. Shop around to find the lowest premiums over spot. The smaller the size the more you will pay for a premium. 100oz bars are best, premiums can range from .39-.79 on the better deals. Have set limits on the premium you will pay. Also have a set &quot;buy price&quot; when silver dips, if you watch it several times a day or more you can start to get a feel for the bottoms. I have put myself in a position to where it doesn&#039;t matter if it goes down or up. If it drops I smile since its a great time to buy more. If it goes up that&#039;s great as well. I have a set point at XXXX dollars for when I will sell and its an amount of ounces that is set apart for just such an occasion. The dollar is worthless it is NOT money, only gold and silver are real money. A govt. that continues to print 85 billion in fiat currency a month and nothing to back it up will soon go bankrupt. Personally I think its amazing that I can take a worthless piece of paper and trade it for gold and silver![/QUOTE]</p><p><br /></p>

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