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<p>[QUOTE=&quot;NorthKorea, post: 2235129, member: 29643&quot;]And I would firmly disagree. Non-consumed commodities (which, even though they might get consumed, PMs generally are viewed as) typically go through extended lulls of flat market trading, followed by something that triggers a huge bull run (500%+ gains) and collapse (70%+ losses), then a return to the flat market trough. Sure, I might be wrong and history might decide to change or the investor sentiment of PMs might change them into consumed commodities, but I doubt it.</p><p><br /></p><p>We&#039;ve likely settled into a flat pattern. If you want to acquire, I wouldn&#039;t DCA. If you can afford to tie up your money in PMs for another 20+ years, go right ahead. No one is going to stop you. However, if you&#039;re using DCA as an acquisition technique, that typically means that you either have little capital to work with or you&#039;re incrementally building your entire portfolio. In either case, it may (likely will) behoove you to adjust your asset allocation to shift from non-consumed commodities to consumed commodities. While gold/silver will initially rise in tandem with oil due to sympathy, that usually stops once it&#039;s clear that oil has reached a new stability level. This is due to speculator sentiment that in short-run situations, oil can act like a non-consumed commodity. That said, in the long run, it&#039;s a consumed commodity.</p><p><br /></p><p>Now, all of THAT said, we&#039;ve gone through deflation globally for the last five years or so. If you look at silver prices today, they basically reflect a $17-$19 level in 2012 basket of currencies. If you really are looking to park cash at negative interest rates, silver is fairly priced right now. I don&#039;t know enough about gold consumption at the moment to make the exact same claim, but my assumption has been this is the case.</p><p><br /></p><p>The above summarizes why I&#039;m trying to acquire platinum and iridium. Both platinum group medals have very specific uses with minimal alternatives (palladium is toxic, and iridium&#039;s physical properties make it VERY useful in industrial applications).[/QUOTE]</p><p><br /></p>

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