RE:New Money
@newbie, Matlas is right if you wait for a buy at 1:20, you might miss the move. I suggest a leg in strategy where you invest a percentage now (maybe 20%) then again as it moves down, or up, and again, and again, averaging your entry price. But at least you will be in in the event it akes off. I think you need to decide if you are long or short LME and invest accordingly. If you are long then the current price fluctuations are irrelevant. I myself am long. I also doubt you will see much action sub $1, as usually when it does decline, some deep pockets jump in buying it back up to a $1 plus. So if you are concerned about your $50k, don't, you should be able to liquidate your investment with little downside in a few months.