A$14 silver?

[Cheepo]

I will start my attack run at $16, no need to be greedy
At AUD$16 I have plenty of room to dollar average downwards knowing that over the longer term, my main entry pricing will offer lots of protection given that all the previous 'perma bulls' will have been decimated and the market will be in the hands on the investment professionals.

That's also what I am thinking about. Start stacking at US$15/oz, and keep stacking on the way down. I expect bottom price to be $5-6. As the price drops I will buy more, and will get a price average of $9. That's fine with me. I will keep it until I die (40 years from now), and then give it to my daughter (or the grand-kids ).

Sounds like a great plan - start buying at $15 when you reckons it will be at $5 so that you can get a $9 average.
Brilliant.

What do you think the bottom price is? 19? Last year you thought it would be $30, two years ago $35, and three years ago $40. What do you think you will think next year? If the trend continues (and why should it not continue??) you will think it's 10. I just think what you think, but I think it faster! Haha

 

[Phiber]

That's also what I am thinking about. Start stacking at US$15/oz, and keep stacking on the way down. I expect bottom price to be $5-6. As the price drops I will buy more, and will get a price average of $9. That's fine with me. I will keep it until I die (40 years from now), and then give it to my daughter (or the grand-kids ).

Sounds like a great plan - start buying at $15 when you reckons it will be at $5 so that you can get a $9 average.
Brilliant.

What do you think the bottom price is? 19? Last year you thought it would be $30, two years ago $35, and three years ago $40. What do you think you will think next year? If the trend continues (and why should it not continue??) you will think it's 10. I just think what you think, but I think it faster! Haha

I don't think I know what the bottom price is, nor do I advise others I know, unlike you.
If you believe you know what the bottom is, why buy above it?
I agree I see no reason why the trend would change at this stage.

 

[wrcmad]

Sounds like a great plan - start buying at $15 when you reckons it will be at $5 so that you can get a $9 average.
Brilliant.

What do you think the bottom price is? 19? Last year you thought it would be $30, two years ago $35, and three years ago $40. What do you think you will think next year? If the trend continues (and why should it not continue??) you will think it's 10. I just think what you think, but I think it faster! Haha

I don't think I know what the bottom price is, nor do I advise others I know, unlike you.
If you believe you know what the bottom is, why buy above it?
I agree I see no reason why the trend would change at this stage.

Agree. DCA is a mugs game.
I have shown why in previous posts.