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<p>[QUOTE="Rono, post: 2610354, member: 6492"]Howdy folks,</p><p><br /></p><p>I've been buying silver at these prices for a few months now. Nothing extraordinary, but a steady increase on the margin. This has been world crowns and hockey pucks. I completed the latter set to date, albeit in bullion form rather than sealed. This is what I consider core investment.</p><p><br /></p><p>However, yesterday, the miners exploded. I've retained a toehold in Silvercorp, my lead dog from a speculative play I made last year about this time. Today I expanded that and added some Aurcana. Note that both of these are junior silver mining stocks - penny stocks if you will. These can be extremely volatile, but it's where you attain maximum leverage. Both of these incremental purchases are my form of scaling in to a speculative play in the bullion market. I'll continue to make further incremental purchases as long as this continues to grow. If it stops growing or drops, I will stop adding or even start cutting back my play. I only add to winning plays. This is momentum investing and it's something I do with the 'casino money' portion of my portfolio. </p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 2610354, member: 6492"]Howdy folks, I've been buying silver at these prices for a few months now. Nothing extraordinary, but a steady increase on the margin. This has been world crowns and hockey pucks. I completed the latter set to date, albeit in bullion form rather than sealed. This is what I consider core investment. However, yesterday, the miners exploded. I've retained a toehold in Silvercorp, my lead dog from a speculative play I made last year about this time. Today I expanded that and added some Aurcana. Note that both of these are junior silver mining stocks - penny stocks if you will. These can be extremely volatile, but it's where you attain maximum leverage. Both of these incremental purchases are my form of scaling in to a speculative play in the bullion market. I'll continue to make further incremental purchases as long as this continues to grow. If it stops growing or drops, I will stop adding or even start cutting back my play. I only add to winning plays. This is momentum investing and it's something I do with the 'casino money' portion of my portfolio. and so it goes, peace, rono[/QUOTE]
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