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Discussion Topic: reverse dollar averaging; likely effects of price suppression
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blackapple |
05-18-2021 @ 8:03 PM
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Joined: Jun 2009
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financial 'experts' have touted dollar averaging as a positive effect when building a portfolio, for example when saving for retirement over many years, even decades however, reverse dollar averaging likely has a similar but opposite effect on retirement savings as they are withdrawn in the normal course how has price suppression, if it exists, penalized those who have saved silver and/or gold bullion and/or gold / silver coins for their retirement and are presently drawing down those savings? Comments?
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bmurphy |
05-18-2021 @ 8:16 PM
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Joined: Jul 2007
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Hi there Over my head. Appreciate the input. All I know is, or think I know, is all that matters is what The Gold Cartel wants to do at a given time. Re the dollar, just look at the last 10 months. And then today, with gold and silver in perfect position to really fly, the dollar gets mauled. Did it matter? Heck no. All the best Bill
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