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<p>[QUOTE="Rono, post: 2603207, member: 6492"]Howdy folks,</p><p><br /></p><p>For speculative purposes, I really don't try to predict how the POG or POS will move . . . I wait for them to start moving. Once they start moving, I start scaling in to whatever target position I have in mind. I continue to scale in so long as the price continues to climb. If it stops or declines, I stop adding to, or start scaling out. It's momentum investing and works well on the margin. </p><p><br /></p><p>As for core holding of pm's, I generally want to make my annual purchases around this time of year when the new stuff is coming out (e.g. eagles, leafs, pandas, britannias, etc.). To that end, when things are 'on sale' as they are now - it's all good.</p><p><br /></p><p>Politics aside, much of what has been proposed should lead to price inflation (much spending and tax cuts and higher deficits). Also, the dollar is extremely strong right now and that's depressing the both the POG and POS. I'm not sure that the dollar is that strong as much as it's the 'cleanest pair of dirty socks in the drawer'. </p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 2603207, member: 6492"]Howdy folks, For speculative purposes, I really don't try to predict how the POG or POS will move . . . I wait for them to start moving. Once they start moving, I start scaling in to whatever target position I have in mind. I continue to scale in so long as the price continues to climb. If it stops or declines, I stop adding to, or start scaling out. It's momentum investing and works well on the margin. As for core holding of pm's, I generally want to make my annual purchases around this time of year when the new stuff is coming out (e.g. eagles, leafs, pandas, britannias, etc.). To that end, when things are 'on sale' as they are now - it's all good. Politics aside, much of what has been proposed should lead to price inflation (much spending and tax cuts and higher deficits). Also, the dollar is extremely strong right now and that's depressing the both the POG and POS. I'm not sure that the dollar is that strong as much as it's the 'cleanest pair of dirty socks in the drawer'. and so it goes, peace, rono[/QUOTE]
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