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<p>[QUOTE=&quot;1970 Silver Art, post: 924004, member: 18828&quot;]That is a very good price for ASE&#039;s. They usually sell for a much higher premium. You were saying in your previous post that you wanted to get $20K or $30K in silver. Let&#039;s take $20K as an example. You might want to put, for example, only the first $5000 of that $20K, in silver with spot at $19.17. Silver has in the past had trouble several times closing above $19.50 and that is telling me that there is resistance at the $19.50 range. </p><p>&nbsp;</p><p>It is certainly possible that silver could break $19.50 and run past $20 but then again silver could fail to finish above $19.50 and fall back to $17 range (or lower). No one can predict what silver will do in the future but you can dollar cost average your way in. </p><p>&nbsp;</p><p>If silver fails to break the $19.50-$20 range and falls back to, for example, $17, then you could put another $5000 in silver if you can pay a decent premium on silver. If silver continues to fall and goes to $15-$16, then you could put another $5000 in silver, and if silver still continues to fall and goes to $14 (or below), you could put the last $5000 of the $20K in silver. Dollar cost average is your friend here. Since nobody knows what silver will do in the future, it is hard to say how much to dollar cost average but it is still a good idea to do it. You cannot time the market and silver is so volatile anyway. </p><p>&nbsp;</p><p>Since it sounds like you are buying silver as an investment, then I was using this hypothetical as an example. Cloudsweeper99 makes a lot of sense in his previous posts about putting part of your money in silver instead of the whole lump sum amount.[/QUOTE]</p><p><br /></p>

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