Search found 87 matches

by Mike59
Wed Mar 25, 2015 9:02 pm
Forum: Gold
Topic: What Drives Gold
Replies: 15
Views: 10975

Re: What Drives Gold

Gold's price isn't simply driven by the supply-demand ratio, the dollar's movements, inflation, oil price, geopolitical events and so on.  The market's way of functioning is far more complex and less transparent. Brief and brilliant summary. It climbs a wall of worry, and anything can serve as that...
by Mike59
Wed Mar 25, 2015 8:59 pm
Forum: Variable Portfolio Discussion
Topic: Gold Junior Miners (GDXJ)
Replies: 8
Views: 5360

Re: Gold Junior Miners (GDXJ)

Thanks for posting, nice charts and helpful insight into the price action.

I once loved these funds (including GLDX and some individual gold stocks) too much, I know better now  (I think it represented a sickness, OCD?) and think I'll stay away even when they go back up 
:-\
by Mike59
Mon Mar 16, 2015 7:49 am
Forum: Other Discussions
Topic: Help me choose a secondary computer
Replies: 47
Views: 20590

Re: Help me choose a secondary computer

If you go with a cheap laptop, for goodness sakes get one with Linux on it. ^ THIS! I've been so frustrated by every windows machine I've ever owned, I inevitably end up installing Ubuntu. Thankfully you can now smoothly dual-boot Ubuntu 14 and Windows 8, I just hit a button upon startup and bam I'...
by Mike59
Mon Mar 16, 2015 7:42 am
Forum: Gold
Topic: Never have long positions in UGLD or DGLD
Replies: 5
Views: 4198

Re: Never have long positions in UGLD or DGLD

(I couldn't see ochotona's article cause I don't have  password, pardon if it's mentioned there) but a point against levered ETFs would be sheer bad luck (the sequence of returns) . Imagine a month in the red for more than half of the trading days. No one seems to talk about it, but it probably acco...
by Mike59
Sun Mar 15, 2015 2:43 pm
Forum: Gold
Topic: Precious metals historical data shootout + Platinum /Palladium:
Replies: 5
Views: 3589

Precious metals historical data shootout + Platinum /Palladium:

My research question: is palladium (or platinum)  worth a look as part of the gold component in the PP? (I can already hear the resounding "NO!" from the chorus of purists  :D ) In a bout of self indulgence, I compiled year over year return data from 1970-2015 for the 4 major precious meta...
by Mike59
Sun Mar 15, 2015 2:23 pm
Forum: Stocks
Topic: Individual shares ownership vs. index funds
Replies: 21
Views: 14809

Re: Individual shares ownership vs. index funds

Pointedstick wrote: people who think they can do this are mostly delusional narcissists.
LOL, I must be under their narcissistic spell,  is this what has me drawn to the business channels for entertainment?! 
by Mike59
Sun Mar 15, 2015 11:57 am
Forum: Stocks
Topic: Individual shares ownership vs. index funds
Replies: 21
Views: 14809

Re: Individual shares ownership vs. index funds

FYI. Brett Arends, on CBSMarketwatch.com makes a case for owning 50 individual stocks as opposed to, say, VTI. ....  He suggests a better return, too. Even if a better return is identified, over what time period, and can it beat the index for decades?  I love how the authors always start the study ...
by Mike59
Sun Mar 15, 2015 10:37 am
Forum: Variable Portfolio Discussion
Topic: Miners and explorers bottomed? or another head fake?
Replies: 15
Views: 12303

Re: Miners and explorers bottomed? or another head fake?

We have so much already invested in gold instruments so why not find something entirely different to speculate in? Probably because miners have been beaten down so much more, one could expect the gains to be much higher when this market turns. Gold bullion and oil have been smacked, but not 90% off...
by Mike59
Fri Mar 13, 2015 2:37 pm
Forum: Permanent Portfolio Discussion
Topic: Greece Confiscates Pension Funds to Pay Debts...
Replies: 9
Views: 4175

Re: Greece Confiscates Pension Funds to Pay Debts...

This is coming to a town near you and unfortunately does not surprise me the least bit.

I stopped contributing to my retirement account years ago, I invest a little into tax free accounts here and there, but for the most part stick with non-registered.
by Mike59
Mon Mar 09, 2015 7:45 am
Forum: Variable Portfolio Discussion
Topic: How much to gamble in a VP and how frequent are your trades?
Replies: 13
Views: 8154

How much to gamble in a VP and how frequent are your trades?

I'm curious how large your VP is relative to the PP ?  What about trading frequency? I've tried before with weekly/daily chart swing trading  (between 5-10 trades per month) and barely broke even, I'm thinking a slower steadier pace with a monthly chart may be (a bit) safer. I'm trying to find my ow...
by Mike59
Sun Mar 08, 2015 9:40 pm
Forum: Permanent Portfolio Discussion
Topic: How Are You Doing In PP?
Replies: 97
Views: 40140

Re: How Are You Doing In PP?

I have been watching the HBPP portfolio for over 6 months because I am still not convinced due to the current environment.  stock is sky high - waiting to dive back down to earth, back to dotcom bubble territory, not more than 10% correction over 5 years long term bond - rate is super low, only way...
by Mike59
Sun Mar 08, 2015 9:26 pm
Forum: Permanent Portfolio Discussion
Topic: New to PP
Replies: 21
Views: 12800

Re: New to PP

Welcome to the forum!  You're right, it's been a tough few weeks but hang in there, focus on allocation and not absolute losses, the overall portfolio does what it's supposed to do in the long run.
by Mike59
Fri Mar 06, 2015 7:51 am
Forum: Permanent Portfolio Discussion
Topic: How Are You Doing In PP?
Replies: 97
Views: 40140

Re: How Are You Doing In PP?

Questioning past returns and guessing on future is a major pitfall , long term bonds could go to zero interest rate and you could make a fortune? equities can be irrational and triple again from here? Gold could be $700 next year, or $2500? To the OP, feeling "anemic" may be a good thing r...
by Mike59
Thu Mar 05, 2015 10:22 am
Forum: Permanent Portfolio Discussion
Topic: PP on GooglePlus
Replies: 16
Views: 9608

Re: PP on GooglePlus

Cortopassi wrote: Must be the multiple column format in Google+, but I have never been able to wrap my head around it in the few times I've tried to use it.  I like linear, drill down to the topic, and give me a single topic list forums like this one.
Yes, this forum RULES!!!  8)
by Mike59
Wed Mar 04, 2015 8:40 pm
Forum: Permanent Portfolio Discussion
Topic: PP on GooglePlus
Replies: 16
Views: 9608

Re: PP on GooglePlus

Like Ad Orientem I too feel old, even in my early 30's...Besides, aren't most of us on here libertarian introverts? Never touched facebook/linkedin personally, I don't think I even know how to social network  :-\
by Mike59
Wed Mar 04, 2015 7:14 pm
Forum: Variable Portfolio Discussion
Topic: Miners and explorers bottomed? or another head fake?
Replies: 15
Views: 12303

Re: Miners and explorers bottomed? or another head fake?

After a nasty December smackdown to 150 and a big run up to 220, the HUI is holding at the 180 mark as of today, anyone still buying or holding gold stocks? Any signals or signs to jump into this market?  I'm all out currently (played around between HUI 220 and 280 early last year, left with my shir...
by Mike59
Wed Mar 04, 2015 6:55 pm
Forum: Gold
Topic: GTU way way below NAV, what's the lowest it can go?
Replies: 8
Views: 4489

Re: GTU way way below NAV, what's the lowest it can go?

We got pretty close to parity during the January run up, but back down it's gone. I'm gonna start keep an eye on this thing and hope to pick up some more -10% below NAV with another downleg. CEF is trading at similar discounts... Central GoldTrust 05:16 PM 04-Mar-15                           US$  CD...
by Mike59
Wed Mar 04, 2015 6:50 pm
Forum: Stocks
Topic: If US stocks tank, where will the money go instead?
Replies: 11
Views: 7034

Re: If US stocks tank, where will the money go instead?

I think stock funds are going to flow to international stocks...the US experience has not been the global experience the past couple of years. Many markets are down 20+% from highs, generally not a bad place to buy. Interesting take regarding international stocks. However aren't most stock markets ...
by Mike59
Wed Mar 04, 2015 6:44 pm
Forum: Permanent Portfolio Discussion
Topic: PP on GooglePlus
Replies: 16
Views: 9608

Re: PP on GooglePlus

Interesting timing...

"Google is breaking up its struggling social network Google+"
http://www.businessinsider.com/google-p ... z3TT3FUvEd
by Mike59
Wed Mar 04, 2015 6:42 pm
Forum: Permanent Portfolio Discussion
Topic: Canadian PP Brokerage Option? (Gosso, canPP........)
Replies: 5
Views: 4218

Re: Canadian PP Brokerage Option? (Gosso, canPP........)

Hi Mike59! - I would only rebalance by addition and if a 15/35 band was hit.  Basically any cash or dividends is automatically used to fund the asset that is below its target weighting.  If a rebalancing band has still been hit then it will automatically rebalance everything back to the desired wei...
by Mike59
Mon Mar 02, 2015 2:35 pm
Forum: Permanent Portfolio Discussion
Topic: Canadian PP Brokerage Option? (Gosso, canPP........)
Replies: 5
Views: 4218

Re: Canadian PP Brokerage Option? (Gosso, canPP........)

Hey CDNron, welcome as well! I like questrade if someone is just starting out, $4.95  per trade and zero trading costs on some ETFs, coolest trading platform of the ones I've toyed with. $40 flat fee may be steep if you're not buying every single month.... I see some disadvantages to rebalancing too...
by Mike59
Sun Mar 01, 2015 11:33 am
Forum: Variable Portfolio Discussion
Topic: Contrarian investing in ...North Korea!?
Replies: 3
Views: 2570

Contrarian investing in ...North Korea!?

Jim Rogers never ceases to shock me (first russian equities, now this!), maybe Dennis Rodman is on to something?  Jim Rogers Wants To Put All His Money Into This Country. Is It The Next China? http://www.forbes.com/sites/gordonchang/2014/03/23/jim-rogers-wants-to-put-all-his-money-into-this-country-...
by Mike59
Sat Feb 28, 2015 4:18 pm
Forum: Stocks
Topic: If US stocks tank, where will the money go instead?
Replies: 11
Views: 7034

Re: If US stocks tank, where will the money go instead?

Gold or dare I say, bitcoin?
by Mike59
Sat Feb 28, 2015 7:17 am
Forum: Permanent Portfolio Discussion
Topic: PP vs. Home equity (as percentage net worth), what's the right balance?
Replies: 28
Views: 13719

Re: PP vs. Home equity (as percentage net worth), what's the right balance?

Is housing not similar to gold, a speculative investment with no yield , but only a monthly burden (your taxes akin to MER/storage fee?) that in the right market conditions can lead to a tremendous capital gain? Bought at an unfavorable time or market top, there are capital losses potentially?  Cons...