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Old 18-05-2013, 12:45 AM
stektan stektan is offline
Senior Member
 
Join Date: Apr 2011
Posts: 430
Default My changing strategy

My strategy 2 years ago was to achieve a certain oz size and was buying consistently every month. When gold dipped, I'd buy a little more than usual. I eventually achieved my target oz and slowed down my purchase. That was before the gold started to slide from usd1600 and eventually hit the low of usd132x in Apr. That's when I realized a huge gap with the current price and my Ave price per oz in my stack. So I started buying significantly again. I'm beginning to think that perhaps I should change my strategy, which is to keep buying consistently as long as the price is below my average price per oz. I may have to buy for a long time more!
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