Not exactly news, but a brief chat I had with ChatGPT today: D: more than one gold coin from around the world contains .1867 oz gold. for example, the French 20-franc gold coin and the swiss 20-franc gold coin. Why is that? What measurement system were they using when those were minted? Chat: The r...

This may seem like a fiat system, but the difference is that it is fair. No one has the exclusive right to print money, thereby enslaving the rest. Printing more money isn't enslaving, just devaluation (inflationary). If you work all day and then get paid half a gold Eagle, fine. If instead you're ...

Who is loaning out the $ for all these leveraged ETFs https://www.bogleheads.org/forum/viewtopic.php?t=364933 Same as for stocks, Futures/Options (cash settled markets). London Metals Exchange is cash settled, you could walk in with enough to buy up all of the gold in the world and have that order ...

GDE is a 90/90/10 stock/gold/cash ETF

28/25/47 GDE/TLT/SHY as a alternative to 25 each SPY/TLT/Gold/SHY ... may be more (gold) tax efficient for some ??

https://www.portfoliovisualizer.com/bac ... iIU8a8cWUh

Also reddit's draggin the PP https://old.reddit.com/r/Bogleheads/comments/1f7ogj7/diversification/ If a 60 year old uncle had retired in 1980 with $400K, drawing a $20K/year SWR applied to a PP, they'd have been broke by 2020. If instead they'd invested in stocks and died recently they'd be leaving...

I guess more generally, how do folks here psychology insulate themselves from the tracking error inherent in these types of portfolios? Interestingly enough, I find it easier with just two items (Gold & VDCO). All the rebalancing between Bonds & Shares is not seen, and my mindset is that Go...

As Ukraine's in-house nuclear enrichment and ballistic missile developments near ready for testing, one has to wonder where they'll actually test as a declaration of capability. Foresee a year end 2024 for gold being a +25% year or more.

Is it just me or is anyone else scared of gold crashing from 2500? I am having thoughts of abandoning gold at these prices. At recent levels a ounce of gold buys around 85 ounces of silver, a relatively high ratio https://www.macrotrends.net/1441/gold-to-silver-ratio Swap some gold out for silver a...

Is it just me or is anyone else scared of gold crashing from 2500? I am having thoughts of abandoning gold at these prices. At recent levels a ounce of gold buys around 85 ounces of silver, a relatively high ratio https://www.macrotrends.net/1441/gold-to-silver-ratio Swap some gold out for silver a...

That guess is as good as anyone’s. I still miss the days when it moved completely differently from stocks, though. Just indicative of the dollar debasement, decline relative to everything else. Could persist for yet further years to come as globally dollars are dumped, no longer the 'safe' thing th...

dualstow wrote: ↑Fri Aug 16, 2024 8:26 am 2487-88 spot price on Fri Aug 16, 930EST

and 2500 per ounce in the afternoon!

A Friday (weekend) safe park spike? Given the risk/possibility of a Israel/Iran weekend kick off.

"Afford it" in which ways? I mean in the sense of allocating troops and weapons to do that. If it doesn’t work out, it will be said that they spread themselves too thin. But, maybe they’re distracting Russian forces for some clever reason. It’s an interesting gamble. Putin has offered a &...

> here in the UK buying US based mutuals/ETF's is pretty much a no-go why. Wasnt Brexit supposed to fix things like that Dividends and capital gains are both taxed as income. To avoid that requires a KIDD/reporting as per the EU rules (that were rolled into UK law and haven't been changed due to pa...

Rough day for the market, eh? Going to have to peek at B’heads today. Intel down over 50% year to date, and looking to halve its workforce. Seems to have been a AI sell off today, most such techs down, excepting Apple. https://i.postimg.cc/5yjFzWyV/INTC.png Start of a AI bubble burst? Isn't it Nove...

I don't like the idea of lending to someone who has a money printing press. That reminds me of something craigr said about TIPS, not bonds in general: “Why buy fire insurance from the arsonist?” As for the rest of your post, whoosh ! O0 I know Harry Browne said something in favor of technical analy...

Interesting. Imagine if we could actually buy gold with silver, and vice versa, with no friction. I would definitely participate in that. When a price chart has Bollinger Bands added and the price has rattled along the upper (or lower) BB level for a while, the BB range widened, that can lead to a ...

seajay, have you ever bought (or sold) gold per the ratio? Yes. Indeed recently, 85+ ounces of silver for a ounce of gold having been the temptation. I may very well switch back when it takes 70 ounces of silver to buy a ounce of gold (20% more gold). Historically high gold-silver ratio has tended ...

due to the price rise I can't even think about it. Recent gold/silver ratio of 84+ and selling a ounce of gold in return for 84 ounces of silver ... and some time later the GSR might have dropped back down to 42, so those 84 ounces of silver buy 2 ounces of gold. https://i.postimg.cc/zDhk8NzD/gsr.p...

https://money.com/gold-vs-stocks-better-investment-2024/?encoded_id=MOe4l&utm_source=newsletter&utm_medium=email&utm_content=2024-07-15%20%7C%20Daily%20Money%20(ADT%20-%20HSH)&utm_campaign=daily_money Gold vs. Stocks: As Both Hit Record Highs, What's Performing Better for Investors?...

I’ve always stuck to full one-ounce coins, but once upon a time Mark Leavy wrote One time when I bought a couple of ounces, the vendor ran out of 1 ounce coins and gave me multiple 1/2 ounce Eagles ($25 face) instead. These coins are the same size as quarters. That's pretty useful for a thin money ...

Out of fiat currencies I would pick the Swiss franc. If "hard" fiat currencies would begin to fall, the franc would surely be the last man standing. The Swiss were the last to leave the gold standard, in 1999. In 2014 they considered a return to the gold standard under the “Save our Swiss...

What proof is there that BuillionVault has less than half the expense ratio of IAU which is already .25%? And is that all in costs or just storage alone? Necrobump. https://www.bullionvault.com/help/tariff.html Storage & insurance for as long as you hold. 0.12% per year on gold, billed monthly ...

While "paper gold" is often a term used to describe gold ETFs, from the context of Seajay's comments I instead understood him to be using "paper gold" to refer to gold options. In which case, yes the outstanding gold options could far exceed the physical gold available. Most tra...

Seajay, are you saying that the ETFs are not backed by physical gold as they claim to be? When there's 123 times more paper gold than physical gold then unless its in your own hands there is a risk that a gold-rush could see claims by others that all of their physical gold had been deployed/disappe...

The Headache at the End of the Costco Gold Rush https://archive.ph/2024.04.23-220206/https://www.wsj.com/finance/investing/selling-costco-gold-bars-f14e966f#selection-2263.0-2263.47 Buying at spot+2.5%, selling at spot-1%, 3.5% spread I'd say is a pretty typical average, but does involve hunting ar...