I am thinking of a long term strategy of taking advantage of the new silver bull market that just started a few months ago. I project this next leg of silver bull market should last 7 to 10 years. The bulk of the returns should be during the final 10% of the time. However I would like to take advantage of the first 90% of the move as well. The breakout to life time highs should occur near 2023. So the question is, on the assumption that a new bull market trend has started, is it wise to repeatedly buy (dollar cost average) a 3X leveraged bull ETF (such as the USLV) on any significant price declines and then just keep holding it until the bull market peaks ? The TNA ETF from 2009 low to high last year returned 1927% or about 19 times your money in a time frame of about 6 years. That is about 63% annualized gain ! That is not bad at all if you ask me given how tough it is to get consistent returns year in and year out. Now granted there were a few phases of that run that were highly volatile and scary. But those who stayed the course made out like bandits 6 years later. Anyway, I will go ahead and answer the question myself. It makes sense to buy and hold and dollar cost average a 3x leveraged ETF only if you are 100% sure that a new bull market has started and that you are at ground zero. Comments?