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<p>[QUOTE=&quot;Droidicus, post: 425408, member: 15422&quot;]There is an old adage in investing... &quot;Never try to catch a falling knife!&quot; If you look at the price of silver it is still in free-fall mode, and trying to call a bottom is nearly impossible.</p><p><img src="http://www.kitco.com/lfgif/ag0365lf_ma.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>It looked like ~13 might have been a bottom, but it was still too soon to call it... and then the price plummeted again. Another saying in investment is &quot;You will never buy at the bottom, you will never sell at the peak.&quot; While there is that one guy who will by shear luck catch the bottom or the top, it is virtually impossible to do that intentionally.</p><p><br /></p><p>These are true not just with silver, but with any investment vehicle, look at Fannie May and Freddie Mac, people were buying them when they went to 10% of their value a year ago because they were &quot;too cheap&quot;, then they dropped 90% AGAIN after that. </p><p><br /></p><p>If you want to hold silver and cost average down, a much better plan is to wait for the bottom, where historically things tend to stabilize for a while before moving again after a sharp fall, and buy at that point.</p><p><br /></p><p>~Droid[/QUOTE]</p><p><br /></p>

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