Good idea, bad idea, ballsy idea? What are your thoughts? I reckon it's not too bad of an idea and ballsy.
I think you should look at the Gold to Silver ratios and position yourself in regards to play them to your advantage and increase your holdings.
Could depend a bit on your financial position. If your net worth is a few mil then all in would be ballsy. If its $5k... Not so much.
Who cares about balls? It's either a good idea or a bad idea. I would reject it on the basis of diversification + no dividend, interest or rent. Throw in - no-one knows the future with full certainty.
Sure! Go for it! Sell the house, the boat and your "Fishing" rods :lol: Buy as much silver as you can! Never ever go all in, that's just crazy. :| http://www.kitco.com/LFgif//agsep11.gif
Depends how you manage risk.... and as the term 'ballsy' suggests, there is significant risk to be managed.
Dont you prefer to buy biits by bits? Dont you like to have parcel come to your door on a weekly basis? Where is the joy with all in on one trade?
go all in when everybody is ducking for cover...this is not the time...I was fortunate enough to buy in the last big price collapse a few years ago and it is not easy to do when price is collapsing...
Jump.... Just use the 2 simple rules of thumb that applie to ALL market trading... 1) Buy the lows, sell the highs 2) Diversify. Can't lose* *Disclaimer: You CAN (& do...sometimes) lose!
Damn that's what I've been doing wrong... buying high and selling low... have to try doing it that way from now on... ... but how do you know when we have reached the low / high ?
Ahhh....good question grasshopper! You will know the answer when you can take the stone from my hand. Oh hang on, the isn't Kung Fu, it's Silver Bullion we're talking! I guess it's all relative to when you entered the market....but you know that already