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Why are the premiums on silver so high?
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<p>[QUOTE="Gam3rBlake, post: 6369937, member: 115909"]Yours is close to DCA but not quite since as you said yourself you’re buying less at the current prices.</p><p><br /></p><p>DCA would be buying the same amount (in dollars) every month regardless of price.</p><p><br /></p><p>Like if someone bought $100 worth of silver every month for 5 years regardless of the price of silver.</p><p><br /></p><p>But hey everyone does their own thing. I think some people are worried $30/oz will be the new normal and $18/oz will be a long gone fondly remembered time.</p><p><br /></p><p>Heck I remember buying at $16-$18/ozt and people would tell me they bought at $12/oz and were “waiting” for it to go back down.</p><p><br /></p><p>It didn’t.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 6369937, member: 115909"]Yours is close to DCA but not quite since as you said yourself you’re buying less at the current prices. DCA would be buying the same amount (in dollars) every month regardless of price. Like if someone bought $100 worth of silver every month for 5 years regardless of the price of silver. But hey everyone does their own thing. I think some people are worried $30/oz will be the new normal and $18/oz will be a long gone fondly remembered time. Heck I remember buying at $16-$18/ozt and people would tell me they bought at $12/oz and were “waiting” for it to go back down. It didn’t.[/QUOTE]
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Why are the premiums on silver so high?
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