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Old 03-12-2014, 05:03 PM   #1
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Decent littel bounce today...

I have been watching the metals bounce higher today, but they seem range bound, at least for now between 20 and 22.

I sure hope things get more lively as spring wears on.
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Old 03-12-2014, 05:11 PM   #2
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I'll add to that hope. I'm moderately long paper PMs just now, and want an exit to physs - no more paper for me, I suspect it's not the real deal.
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Old 03-12-2014, 07:25 PM   #3
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I would be fine if it dives well below $20/ozt again, just means a good chance to add more at a bargain. If it gets much over $25 in the near future, I would slow down my stacking a lot.
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Old 03-13-2014, 09:42 AM   #4
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Originally Posted by 11C1P View Post:
I would be fine if it dives well below $20/ozt again, just means a good chance to add more at a bargain. If it gets much over $25 in the near future, I would slow down my stacking a lot.
I am boring and just do dollar cost averaging.
http://www.investopedia.com/terms/d/...taveraging.asp
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Old 03-13-2014, 10:55 AM   #5
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Originally Posted by benjamen View Post:
I am boring and just do dollar cost averaging.
http://www.investopedia.com/terms/d/...taveraging.asp
When you buy more when it's cheap and less when it's high, it helps lower your average cost.
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Old 03-13-2014, 10:58 AM   #6
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I ride the same train as you Benjamen. Sometimes, if I have the extra jack laying around, I'll roll down to my LCS to sit around with my buddies, tell some lies, drink a beer out of a Starbucks cup at the counter and buy a few ounces of junk or ASE's.
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