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moneymetals

For Sterling (Silver) Results, Repetition of the Basics Is Worth Its Weight in Gold

Whenever you encounter a "sticking point" in some activity – any activity in which you are engaged – it always helps if you "return to the basics."

Sure you may "know" what they are, but do you really follow them? Ask an expert in most any field of endeavor, and he/she will tell you the same thing.

The basics that lead to outsized results are still around and followed for a reason – because they work! Take the idea of building up a comfortable position in precious metals...

You've decided that you either want to start "stacking" – or adding more to your current holdings. You look at the charts and see that prices are falling, and others are fearful. You're not interested in "buying the bottom." You're looking to build a foundational position into that bottom.

From experience you know that "going against the crowd" and buying when metals are "on sale" has been working since at least 2002, when gold was under $300 an ounce and Silver was below $5 the ounce.

Even at today's prices, gold and silver are still up 400% and 300% respectively.

Gold price has crushed the market so far this century

After reconfirming your understanding and belief that precious metals have remained as a store of value for thousands of years will continue to do so, you move closer to acting on that belief.

Revisit your tolerance for risk, the financial means available, your holding time outlook, and how much you're willing to pay per ounce.

Check out the article here: 

Don't be the product, buy the product!

Schweinderl