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<p>[QUOTE="dave92029, post: 998868, member: 26916"]My two cents is that even though I'm expecting the price of PM to go up, I would not be surprised to se a "Consolidation" before we see the next big move up. Nothing moves straight up, no matter how much you try to "will"it up.</p><p><br /></p><p>Generally, dollar cost averaging is a good tactic, because it is near impossible to "Time The Market". So if you believe that long term the PM markets are rising then periodic purchases may be the best way to acquire your position, rather than waiting for "The Bottom". </p><p><br /></p><p>Unfortunately you have to be in the future in order to know when a market bottomed. Good luck with that![/QUOTE]</p><p><br /></p>
[QUOTE="dave92029, post: 998868, member: 26916"]My two cents is that even though I'm expecting the price of PM to go up, I would not be surprised to se a "Consolidation" before we see the next big move up. Nothing moves straight up, no matter how much you try to "will"it up. Generally, dollar cost averaging is a good tactic, because it is near impossible to "Time The Market". So if you believe that long term the PM markets are rising then periodic purchases may be the best way to acquire your position, rather than waiting for "The Bottom". Unfortunately you have to be in the future in order to know when a market bottomed. Good luck with that![/QUOTE]
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