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RE: (VIDEO) Alert: Bond Market Turmoil Is Now Punishing The Stock Market. MORE! By Gregory Mannarino

in #money7 years ago (edited)

That's great Joe. But here is the problem from my prospective with playing the markets.

I've bought silver hundreds of times. Literally. I'm not a day trader and I don't have a crystal ball, sometimes I get lucky and buy the dip ( dollar cost averaging ) sometimes I buy AND THEN it dips as if it were just waiting on me to spend my money. Shit...

And let me tell you what I've learned.

If you think you are going to jump in and buy your gold or silver in the 11:57 hour before the collapse you are wrong. It's not just a supply and demand issue, and it's not just a delivery issue as services are in limbo, the real problem is where you going to get 50k in liquid cash to buy the silver and how do you know you'll receive several days in to the collapse. Because you won't.

  • It's called dollar cost averaging and it's the only method for commoners like myself. You buy 100+ USD at a time and you get free shipping for generic Ag rounds. There is no better method IMO...

PEACE my Brother.

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No problem, Roger. I understand your perspective totally and a long term holder should in fact employ a dollar cost ave program. I just started spewing about how the dollar is setting up here for a great initial buy point in a dollar cost averaging program over time. I will post that trade at my blog when I make the trade in teh options personally. I saw your intro post btw. I see that you want to build a home out of shipping containers. I'm wroking on getting some free shipping containers from this company in bankruptcy by placing "strategic" buys at every point where it looks like a rally may come from. DRYShits getting close now to another buy for me. :-)

Just waiting for today's 1.46 low to get taken out and my short term buy signal to materialize. If it rocketships higher...I win! If it goes belly up...I win! :-)

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=drys&x=35&y=12&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11