Dollar cost averaging is when we buy the same amount of a given asset every month. When the price of the asset goes up we end up buying less of that asset and when the price falls we buy less of it. This investment strategy works for Gold, Silver, and Stock investing. No matter what asset you choose dollar cost averaging will eliminate the need to try and time the market. Market timing is notoriously hard for us to predict and we get our timeing of when to buy wrong far too often. In this video we discuss how mutual and hedge funds pay people to work full time on predicting the price of gold and silver. Additionally, mutual and hedge funds often pay for data help them make better predictions. Even with all these advantages they still get the price wrong. As the average gold and silver stacker we don't have access to all this information and resources. As Stackers we need to use investing tools like dollar cost averaging to avoid buying on highs.