Search found 148 matches

by ppnewbie
Fri Apr 24, 2020 7:15 pm
Forum: Gold
Topic: New ETF option from State Street GLDM
Replies: 10
Views: 799

Re: New ETF option from State Street GLDM

Does anyone know about the gldm custodian ICBC? GLD’s HSBC seems to be in a precarious position. I also think that ICBC is a State owned Chinese bank, which makes me nervous.
by ppnewbie
Fri Apr 24, 2020 12:31 pm
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 96
Views: 33204

Re: Gold / Stock / Bonds at highs or near highs?

It’s interesting the markets may not actually be markets anymore. The fed is suppressing (buying) the entire treasury market, they are buying the corporate bond market, maybe the muni bond market, I hear they are buying stocks through special purpose vehicles and angling to make it legal to directly...
by ppnewbie
Fri Apr 24, 2020 12:45 am
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 506
Views: 115669

Re: Golden Butterfly Portfolio

Here is a post from Tyler regarding recent drawdowns if the GB and HBPP.

https://portfoliocharts.com/2020/03/23/ ... ful-month/

My Modified GB went down around 9%.
by ppnewbie
Fri Apr 24, 2020 12:30 am
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 96
Views: 33204

Re: Gold / Stock / Bonds at highs or near highs?

I think there is a decent probability rates go negative. In real terms they are already negative. Return free risk anyone? And with the fed essentially admitting that there really aren’t any rules (at least for now). They gleefully say “we can just create unlimited ledger entries”. I don’t think the...
by ppnewbie
Tue Apr 21, 2020 4:50 pm
Forum: Gold
Topic: Best place to get accurate gold spot price
Replies: 6
Views: 388

Re: Best place to get accurate gold spot price

Would probably have to have a cash flow of hundreds of thousands of dollars to make it worth it all while hoping the price did not drop! It's about a 1 percent difference, about 20 dollars off the current spot.
by ppnewbie
Tue Apr 21, 2020 1:50 pm
Forum: Gold
Topic: Best place to get accurate gold spot price
Replies: 6
Views: 388

Re: Best place to get accurate gold spot price

Thank for the info. I think it's a little lame that such a large dealer does not display the accurate gold spot price. Also, my local coin dealer uses Apmex for spot prices as well.
by ppnewbie
Tue Apr 21, 2020 12:01 pm
Forum: Gold
Topic: Best place to get accurate gold spot price
Replies: 6
Views: 388

Best place to get accurate gold spot price

I’m finding that Apmex routinely list spot prices significantly higher than gold money.com and kitco. Does anyone know where to get the actual comex spot price?
by ppnewbie
Tue Apr 14, 2020 11:14 am
Forum: Gold
Topic: The GOLD scream room
Replies: 2772
Views: 583116

Re: The GOLD scream room

Yikes! $1755 on Apmex
by ppnewbie
Wed Apr 08, 2020 4:33 pm
Forum: Gold
Topic: Podcast On Paper vs Physical Debate
Replies: 4
Views: 354

Re: Podcast On Paper vs Physical Debate

I will definitely listen to this because the host pushed his line of reasoning with Josh Crumb (founder of GoldMoney) in the last episode and Josh basically said there is shortage at this price. I am very curious to hear this persons point of view.
by ppnewbie
Wed Apr 08, 2020 4:29 pm
Forum: Bonds
Topic: EE Bonds = 3.5% 20-Year Treasury
Replies: 13
Views: 630

Re: EE Bonds = 3.5% 20-Year Treasury

It's funny in the early 2000's I bought I-bonds randomly - that have now more than doubled. I wish someone shook me then and said "just keep buying those every year and whatever else you do does not really matter".
by ppnewbie
Wed Apr 08, 2020 4:25 pm
Forum: Bonds
Topic: EE Bonds = 3.5% 20-Year Treasury
Replies: 13
Views: 630

Re: EE Bonds = 3.5% 20-Year Treasury

I just answered my own question:
EE_bond_chart.jpg
EE_bond_chart.jpg (155.47 KiB) Viewed 371 times
by ppnewbie
Wed Apr 08, 2020 4:21 pm
Forum: Bonds
Topic: EE Bonds = 3.5% 20-Year Treasury
Replies: 13
Views: 630

Re: EE Bonds = 3.5% 20-Year Treasury

How do EE bonds work if you do not hold them to maturity. If I sell after 10 years is my effective interest rate still approximately 3.5% per year minus the penalties or is there some kind of a curve that incentivizes holding for 20 years?