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<p>[QUOTE=&quot;NorthKorea, post: 2238647, member: 29643&quot;]Brett, curious point on Pamp. I used to buy the 1 oz ingots with a premium based upon how low the number was. It paid off. I got a 200% premium on a five digit selling. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>Oh, and Inflexion, I know what you&#039;re saying, but it doesn&#039;t work is my point.</p><p><br /></p><p>DCA means you buy the same dollar amount regardless of price.</p><p><br /></p><p>Let&#039;s say the price is $25 and you think the bottom is $20, so you start to DCA $500 per purchase (say every quarter).</p><p><br /></p><p>Q1 $23 (21 oz)</p><p>Q2 $22 (22 oz)</p><p>Q3 $21 (23 oz)</p><p>Q4 $20 (25 oz)</p><p>Q5 $21 (23 oz)</p><p>Q6 $20 (25 oz)</p><p>Q7 $18 (27 oz)</p><p>Q8 $16 (31 oz)</p><p>Q9 $20 (25 oz)</p><p>Q10 $23 (21 oz)</p><p>Q11 $25 (20 oz)</p><p>Q12 $22 (22 oz)</p><p>Q13 $20 (25 oz)</p><p>Q14 $20 (25 oz)</p><p>Q15-Q20 $25 (120 oz)</p><p>Q1-Q20 (455 oz)</p><p><br /></p><p>If you just bought on Qs when price was $20 or below:</p><p>Q4 $20 (100 oz)</p><p>Q6 $20 (50 oz)</p><p>Q7 $18 (27 oz)</p><p>Q8 $16 (31 oz)</p><p>Q9 $20 (25 oz)</p><p>Q13 $20 (100 oz)</p><p>Q14 $20 (25 oz)</p><p>Q1-Q20 (368 oz + $3000 cash)</p><p><br /></p><p>So, even if you had less ounces at the end of Q20, you would still be price ahead, since $3000 cash buys 120 oz @ $25.</p><p><br /></p><p>Edit: Yes, you might miss a bottom, but you also end up buying more at the bottoms than otherwise. Also, given you watch silver daily, you could actually buy on intra-quarter lows, if the price dropped below $20 sometime during Q14-Q20, which wouldn&#039;t happen with DCA. DCA is essentially a version of forced savings, which helps those who usually have trouble saving, but is inefficient for those trying to gauge a bottom range.[/QUOTE]</p><p><br /></p>

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