Reply to Thread

Message:: [QUOTE="medoraman, post: 1986470, member: 26302"]OP, first thing to understand about PM is how emotionally driven it can be. I just read an article from India how purchases there are down because the price has decreased. Now, think about that. What other product can you think of has LESS demand when the price DROPS? If you walk into Walmart to buy 2 of something, and see the price is much higher than last week, are you going to buy more or less? Same question but you walk in and its half the price you expected, do you buy more or less? Well, with pm many times the higher it goes the more they want to buy, and when it drops they do not buy. EXACTLY the opposite behavior they should have. If silver at $20 was attractive to you, then silver at $18 is a bargain, right? If it drops to $16 even better right? If you want to start stackign, start stacking, and do not let price weakness stop you. Like KoinJester said, buy X dollars worth a month. Everyone and their brother wants to "catch the bottom", but almost no one does, and in fact its almost physically impossible for a retail buyer o do so. If you want to know why, you can check out other threads where I explained it. Speaking of, WHY you want to stack, and if you are in an economic position to stack, is also a whole other question. I am not getting into that again here, so I am assuming you are in a position where PM purchases make sense.[/QUOTE]