Search found 230 matches

by Ugly_Bird
Fri Jan 21, 2022 1:20 pm
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 268
Views: 56199

Re: Yay PP!

flyingpylon wrote:
Fri Jan 21, 2022 12:31 pm
If people are concerned about maintaining a clean, well-lit place to educate others about the PP, perhaps there should be a separate Permanent Portfolio Skepticism forum.
E.g. every second when gold is down, the guy is screaming about it and about the portfolio. :-\
by Ugly_Bird
Fri Jan 21, 2022 10:00 am
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 268
Views: 56199

Re: Yay PP!

It’s clear that if someone were curious about the pp, they would have to dig deep to find posts that correspond with the principles in the book(s). This is exactly why (though I frequently recommend the PP to others for consideration) I never suggest this forum. I have no problem with Mathjak, but ...
by Ugly_Bird
Fri Jan 07, 2022 8:15 am
Forum: Gold
Topic: Gold ETFs old and new
Replies: 32
Views: 9052

Re: Gold ETFs old and new

I bought PHYS years ago and dislike it but I don't want to pay taxes to switch out of it. I guess I'm stuck. PHYS is a Trust & therefore isn't taxed at the Collectibles rate: it is taxed like any other ETF. For the PP, I've got all stocks and LTTs in the tax deferred accounts and SHY+IAU in a broke...
by Ugly_Bird
Mon Jan 03, 2022 6:07 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio Failure?
Replies: 34
Views: 6614

Re: Permanent Portfolio Failure?

Did the Permanent Portfolio fail in 2021? I ask this provocative question in order to generate some discussion. According to ETF Replay, the Permanent Portfolio generated a total return of 4.1% in 2021. That falls dramatically short of the S&P 500, which generated a total return of 28.7%; and falls...
by Ugly_Bird
Mon Jan 03, 2022 1:25 pm
Forum: Permanent Portfolio Discussion
Topic: 2021 PP Returns
Replies: 30
Views: 6022

Re: 2021 PP Returns

Cortopassi wrote:
Sat Jan 01, 2022 11:18 am
Let everyone know! I was 5.77%
According to the "2021 PP Returns" topic, the votes and replies should be more related to PP
Otherwise this poll is more "2021 Returns" for VP domain.
by Ugly_Bird
Mon Jan 03, 2022 10:06 am
Forum: Permanent Portfolio Discussion
Topic: 2021 PP Returns
Replies: 30
Views: 6022

Re: 2021 PP Returns

barrett wrote:
Mon Jan 03, 2022 9:49 am
Ah, I was just going to ask if anyone was rebalancing with the big run up in stocks in 2021. Today looks to be as good as any to sell stocks and buy gold or LTTs as the later two are both down this morning.
those are at 24% and 23% in my 4x25 HBPP.... no need to rebalance.
by Ugly_Bird
Mon Jan 03, 2022 9:11 am
Forum: Permanent Portfolio Discussion
Topic: 2021 PP Returns
Replies: 30
Views: 6022

Re: 2021 PP Returns

4x25 HBPP
3.8% for me
by Ugly_Bird
Mon Dec 27, 2021 7:55 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21326

Re: Did Bitcoin Kill Gold’s Monetary Utility?

var wrote:
Fri Dec 24, 2021 3:28 pm
However, if you're going to buy something I suggest starting with BTC first like 5% allocation.
And now the question is when to rebalance out of crypto. What would be the rebalancing bands?
by Ugly_Bird
Thu Dec 16, 2021 3:40 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

buddtholomew wrote:
Thu Dec 16, 2021 3:31 pm
Nice to see the response on a down day in stocks.
Remember, those are uncorrelated assets. So, it could be coincidence (or not :-) )
by Ugly_Bird
Fri Oct 29, 2021 9:05 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

buddtholomew wrote:
Fri Oct 29, 2021 9:00 am
Ugly_Bird wrote:
Fri Oct 29, 2021 8:54 am
buddtholomew wrote:
Fri Oct 29, 2021 8:45 am
Junk
Yeah! Time to buy.
Time to buy was at 900 not 1800, but please go ahead with your purchase.
450 was even better than that. Or maybe 225.
by Ugly_Bird
Fri Oct 29, 2021 8:54 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

buddtholomew wrote:
Fri Oct 29, 2021 8:45 am
Junk
Yeah! Time to buy.
by Ugly_Bird
Sat Oct 09, 2021 4:16 pm
Forum: Gold
Topic: Gold outflows, bitcoin inflows
Replies: 68
Views: 22206

Re: Gold outflows, bitcoin inflows

vincent_c wrote:
Sat Oct 09, 2021 2:12 pm
Some other reason for what?
For the "correlation" on the graph.
by Ugly_Bird
Fri Oct 08, 2021 9:08 pm
Forum: Gold
Topic: Gold outflows, bitcoin inflows
Replies: 68
Views: 22206

Re: Gold outflows, bitcoin inflows

Update on flows from JPM, via https://www.zerohedge.com/markets/jpmorgan-institutions-are-rotating-out-gold-bitcoin-better-inflation-hedge https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/cumulative%20flows.jpg?itok=NJ5upR9g Even though those are apparent cor...
by Ugly_Bird
Fri Oct 08, 2021 10:46 am
Forum: Gold
Topic: Gold outflows, bitcoin inflows
Replies: 68
Views: 22206

Re: Gold outflows, bitcoin inflows

Update on flows from JPM, via https://www.zerohedge.com/markets/jpmorgan-institutions-are-rotating-out-gold-bitcoin-better-inflation-hedge https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/cumulative%20flows.jpg?itok=NJ5upR9g Even though those are apparent cor...
by Ugly_Bird
Mon Sep 27, 2021 3:11 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

You may be on to something. After all, the performance of the PP was outsized for both 2020 and 2019 (over 16% both years), so maybe it is reasonable to expect some reversion to mean, the result being a lackluster year like we are seeing (1.77% YTD, my PP). This is exactly what I was thinking. We h...
by Ugly_Bird
Mon Sep 27, 2021 3:06 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

I have been wondering the same thing and I do think that crypto is in fact eroding the value of gold. I have "added" some crypto to my PP and in this case would expect the portfolio do better this year. But it did worse. The year is not over yet and BTC is still expected to go 80k, 100k or... crash...
by Ugly_Bird
Mon Sep 20, 2021 2:38 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

Xan wrote:
Mon Sep 20, 2021 2:24 pm
Budd has requested a temporary ban, so he'll be taking a break from posting for a while.
Déjà vu...
by Ugly_Bird
Mon Sep 20, 2021 1:44 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

So pathetic, market down 1000 and this piece of crap up .5%..waste of space and time. Uncorrelated assets... You should have sold stocks last Friday :) Nah. Where' MJ? Stocks always come back. Time to buy! :D Right! Sold last Friday bought today or... maybe tomorrow? Or the day after? Just need to ...
by Ugly_Bird
Mon Sep 20, 2021 1:32 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

buddtholomew wrote:
Mon Sep 20, 2021 1:20 pm
So pathetic, market down 1000 and this piece of crap up .5%..waste of space and time.
Uncorrelated assets...
You should have sold stocks last Friday :)
by Ugly_Bird
Fri Sep 17, 2021 2:42 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

Notice how gold and LTT’s just go lower even with stocks falling. This is not new to anyone. Stocks are falling all day, what a crap, -0.88% already. This is dog shit, man. Total joke. :) S&P still up 21% YTD Gold and LTT’s NEGATIVE YTD by a lot. S&P is -0.94% today and keeps going down! :P Still u...
by Ugly_Bird
Fri Sep 17, 2021 2:32 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

Notice how gold and LTT’s just go lower even with stocks falling. This is not new to anyone. Stocks are falling all day, what a crap, -0.88% already. This is dog shit, man. Total joke. :) S&P still up 21% YTD Gold and LTT’s NEGATIVE YTD by a lot. S&P is -0.94% today and keeps going down! :P Still u...
by Ugly_Bird
Fri Sep 17, 2021 2:16 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

Notice how gold and LTT’s just go lower even with stocks falling. This is not new to anyone. Stocks are falling all day, what a crap, -0.88% already. This is dog shit, man. Total joke. :) S&P still up 21% YTD Gold and LTT’s NEGATIVE YTD by a lot. S&P is -0.94% today and keeps going down! :P
by Ugly_Bird
Fri Sep 17, 2021 1:55 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

buddtholomew wrote:
Fri Sep 17, 2021 1:01 pm
Notice how gold and LTT’s just go lower even with stocks falling. This is not new to anyone.
Stocks are falling all day, what a crap, -0.88% already. This is dog shit, man. Total joke.
:)
by Ugly_Bird
Fri Sep 17, 2021 10:12 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

buddtholomew wrote:
Fri Sep 17, 2021 9:50 am
PP doing so wonderfully today...
Gold majestic!
I didn't look today. neither yesterday or day before.
Is it some kind of masochistic experience to keep your hand on the market pulse?
Definitely damaging some nerves in that way.
by Ugly_Bird
Fri Sep 17, 2021 9:26 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655338

Re: The GOLD scream room

Great, me too. Where was gold though? Notice I don’t quibble about treasuries. Gold surged a little later, into late summer. Did it ever surge right away? It is uncorrelated asset. Whatever is happening right now just need to remember that the printing press is red hot ... all those stimulus money....