Silver

Discussion in 'Bullion Investing' started by Danr, May 1, 2011.

  1. WingedLiberty

    WingedLiberty Well-Known Member

    if anyone is looking to buy more silver ...

    take 1/3rd of the money you want to allocate to this additional position and buy more right now
    at least you put on a position at these lower levels ...

    if it goes up from here ... great you made money

    if it drops another $2 an ounce ... buy another 1/3 of your final desired position

    This is the best technique to buy as it's very difficult to guess where the exact bottom will be
    something you wont know until prices are $5 an ounce higher

    silver may have bottomed out this morning around $33.75 an ounce premarket ... time will tell!
     
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  3. WingedLiberty

    WingedLiberty Well-Known Member

    i just bought 2 more rolls of ASE's with silver at $34.25 (cant take delivery until 5/27, everybody is OUT)

    i will continue to buy lightly in here

    if it drops more, i will buy more
     
  4. Danr

    Danr Numismatist

    .....and up she goes!
     
  5. WingedLiberty

    WingedLiberty Well-Known Member

    i like that brain as your avatar ...
     
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