Once upon a time, gold was all you needed. 1817 British Sovereign gold coin, one Pound legal tender value, was used as both a domestic and international currency. A Sovereign gold coin contains 0.235 troy ounces of gold. Alongside bank notes, where the one Pound note included the wording "I promise ...

Thanks Hal I have previously watched a few of BelangP's youtubes but do find them too lengthy for my liking, so I'm not a follower. BelangP, is basically about 80% dividend equity & 20% physical gold bullion coins. Portfolio insurance! 80 stock value halves to 40, 20 gold value doubles to 40, and y...

Lowering SWR even a little can make a big difference to overall success/failure outcome. I note that for British investors, a third in a world stock fund, nothing else, broadly offset inflation 1888 to recent. If the other two-thirds were split 50/50 between gold and US dollar (hard currency), then ...

Pre 1930's and gold (silver) was cash/money. However savers would tend to lend that gold (money) to the state or banks (so banks in turn could lend out gold (money) to others). Safer than carrying around large amounts of gold, and you got more gold (money) in return. From the 1930's the US convinced...

Paper gold (low spread gold funds), converted to physical gold after a good year (PP up +8%, physical gold coin spread 4%, convert paper gold to physical gold and count it as a +7% up year. That way it feels like 'other peoples money' covered the spread). For ongoing adjustments (rebalancing), add ...

Gold is almost flat for the year ..down less than 1% on gld . On the other hand tlt got smashed , down 32% including interest ….and shy down over 3% SHY ain't part if a HBPP: a real T-Bill Ladder is, but BIL will do in a pinch. This is true but shy does tend to outperform cash ..in fact even with t...

Thanks Hal

I have previously watched a few of BelangP's youtubes but do find them too lengthy for my liking, so I'm not a follower.

If gold keeps going up, I’m going to retire and spend my leisure time reading other forums on why gold is a barbarous relic and a poor choice for a portfolio. For centuries gold/silver was money. Investors lent money (gold) to the state in return for interest (more gold in return). Whilst direct co...

Leverage just tends to broadly scale volatility, not overall broad rewards. That said, I prefer a leveraged PP as for me its more tax efficient. Short treasuries (cash and LTT) i.e. sell them, to add more stock/gold. I get lending to the treasury, buying treasuries, when money was gold. Lend that go...

https://www.xetra-gold.com/fileadmin/user_upload/Downloads_English/Prospectus/XetraGold2022ProspektEN.pdf page 18 d) No Rights or Beneficial Ownership in the Gold Purchasers of the Notes will only acquire the rights securitised by the Notes. Purchasers of the Notes will not acquire any title to, or ...

Money used to be gold/silver, coins worth their weight. The British Pound was originally (in the 700's) a Saxon pound weight of silver. Nowadays not even copper penny coins are copper any more, but instead are copper plated steel. Prior to 1931 UK, 1933 US and 'investors' were more often content to ...

I live in the EU and my gold fund is 4GLD. Real gold backed, you can actually request conversion to actual physical gold. Are you really sure about that? I know nada about 4GLD however many that claim to be backed by physical and that permit conversion often have criteria/conditions, such as certai...

I didn’t realize until today that you can get the silver Britannia with either Queen Elizabeth or King Charles on the obverse . I think the King Charles ones are pre-orders. You keep giving me vocabulary lessons. From the context I thought I'd determined what it meant but I saw I was wrong once I r...

I used to have a crush on Cate Planchet. True story, I had an ex lover that looked just like her, if you drank just two martinis. She also came complete with her own venezuelan female bisexual lover. Made for an exciting summer. Back to silver.....outstanding deal here:https://bullionexchanges.com/...

To any holders of the GB, or anyone really, what is your review of its performance in 2022, and how do you see it going forwards? How did it do vs the PP? PV indicates similar outcomes, GB -11.5% compared to -12% for the PP. In the scale of 20 or 30 years a short term single point to point 365 day ...

Can I consider net family wealth as part cash? why not, but then it will probably be above the bands for reballing Could count gold as cash. Cash = money = legal tender and American Eagle one ounce gold coins are USD50 legal tender. Coins used to be worth their weight, made of silver or gold. In th...

If you have $1M in gold, your home is probably a multi million dollar home, or at least over 1M. Unless it's a condo in a major city........ You can easily hide the gold. Get a shovel and go in the backyard at night. It's safer there than any safety deposit box, ETF, foreign vault etc. If the doo d...

Can I consider net family wealth as part cash? why not, but then it will probably be above the bands for reballing Could count gold as cash. Cash = money = legal tender and American Eagle one ounce gold coins are USD50 legal tender. Coins used to be worth their weight, made of silver or gold. In th...

Smith1776 wrote: ↑

Thu Jan 12, 2023 2:52 pm

That explosive gold discussion on the Knuckleheads forum finally got shut down.

Looks like it was only temporarily locked to clear out some posts.

The time from 1975 to 2022 has not included any serious deflationary period that is were long term would have their chance to shine. While TLT was down 30-34% this year, 50-year UK Gilts we’re down 58%. So assuming there is a deflation and interest rate goes down to 0% again TlT could easily double...

Harry didn’t live in our world as it exists today. He may have done things very differently. You really want to go by. What makes sense and drawing large amounts of cash to live on will unbalance the assets of the pp even if still at the fringes of the bands . If you rebalance them to get back your...

I have a great respect for Anthony Dedans & BelangP's approaches in having just equities and gold, but what if they are wrong? As a UK investor, 50/50 US$ and gold is a global primary reserve fiat currency and non-fiat commodity playoff. Where to store those US$ ... in stocks is reasonable. To me t...

In addition to asset diversification, the PP includes individual assets volatility diversification. Blending high and low volatility assets is part of the PP's engine design. Swapping to slick from regular tires may very well win one sunny day race, but prove to be critical in another rainy day race...

Since 2013 Yellen has be in part pegging US$ to gold, in a loose manner rather than direct pegging, and not along, to instead a basket that includes gold, resulting in gold remaining range-bound PV Fear of a alternative and others opting to reduce/drop the dollar in favor of a alternative, in a larg...

I feel like I should clarify my positions. Putin bad. By our standards, Russia is kind of barbaric at their core. Indeed, Russian's seem willing for coach-roaches to inherit the earth It's costing us billions and billions of dollars, which we don't have. No one cares, and it's my least objection al...