/biz/ - Business & Finance

>>19485254
It's kind of a folly to say PM's have reached a certain price so now it's time to stop accumulating because the central bank money printing will never, ever end until the currency is totally destroyed. I'm sure Argentinians looked at the exponential growth curve of the gold price in their local currency and said in 2011, 2012, 2013, 2014 et al "now it's the top, time to stop accumulating!"

>>19432805
Do you think Argentinians who bought gold are angry they bought it during 2001 or 2006 or 2008 or 2013 or 2014 when it wasn't a dip? That's basically how you will view purchases made now in 10 years, any dip will just be statistical noise.

If you can get some buy some, if the price rises buy less than you planned. If the price drops buy more than you originally planned. That's how you dollar cost average.

>gold price in Argentina pesos

I recognise that curve... this is the future of all fiat currencies, only difference is the time frame.