Search found 2464 matches

by buddtholomew
Wed Dec 15, 2021 12:39 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

Let’s see if gold can lead the charge lower today.
Gold down .6%, REITs up .8%
by buddtholomew
Tue Dec 14, 2021 4:03 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

It just falls on deaf ears MJ. You’re right Vincent, it is what it is and right now gold is pathetically down 8% YTD. Until that changes it will remain in the doghouse where it belongs. We don’t have infinite investing horizons to wait for gold to respond and I don’t need gold when stocks and bonds ...
by buddtholomew
Tue Dec 14, 2021 3:26 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

The PP was selected for unexpected inflation protection and unfortunately it hasn’t delivered on those expectations. That’s why I complain about gold. Why do you not think it has worked then? March 2020 we got a huge unexpected deflationary shock which initially hit gold negatively. Then afterwards...
by buddtholomew
Tue Dec 14, 2021 2:40 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

Gold >5% is unique to the PP as other portfolios hold a combination of stocks and bonds as well. Why would I complain about stocks and bonds when they continue to deliver, year after year? The PP was selected for unexpected inflation protection and unfortunately it hasn’t delivered on those expectat...
by buddtholomew
Tue Dec 14, 2021 1:31 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

It’s unexpected inflation, not high inflation that according to the PP Bible motivates investors to buy gold. Inflation readings are higher than ever and real rates are negative. What else does gold need to move? Should I wait until inflation is at 10% and bonds <1% to catch a bid. If that’s the ca...
by buddtholomew
Tue Dec 14, 2021 12:45 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

That is my gripe ..real returns which are supposed to be what gold really seems to respond to as per Tyler’s article ,has been awful as real returns grow worse and worse on cash instruments. I mean if not now , when for gold ? At least show us something in a move up ,right ? Exactly, the economic c...
by buddtholomew
Tue Dec 14, 2021 12:25 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

It’s unexpected inflation, not high inflation that according to the PP Bible motivates investors to buy gold. Inflation readings are higher than ever and real rates are negative. What else does gold need to move? Should I wait until inflation is at 10% and bonds <1% to catch a bid. If that’s the cas...
by buddtholomew
Tue Dec 14, 2021 12:20 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

But why? Gold isn’t doing anything for you. But it is. Peace of mind. I don't have to have the top % return in investing. Your peace of mind is a false sense of security and built on quicksand. There is nothing special at all about the PP and it has proven once more this year that Gold is a useless...
by buddtholomew
Tue Dec 14, 2021 12:08 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

But why? Gold isn’t doing anything for you. But it is. Peace of mind. I don't have to have the top % return in investing. Your peace of mind is a false sense of security and built on quicksand. There is nothing special at all about the PP and it has proven once more this year that Gold is a useless...
by buddtholomew
Tue Dec 14, 2021 11:39 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

I think it has to do with investors realizing that the economy is weak, the individual is struggling and any rate hikes will result in a catastrophic outcome. No one believes the FED’s bullshit and continue to buy LTT’s accordingly.
by buddtholomew
Tue Dec 14, 2021 10:30 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

If you're going to define "success" as tracking the stock market, then why not just be 100% stocks? Gold has had ample opportunity to do anything besides go down over the last year. We hold it according to HB or Tex or Craig or any of the other so called gurus for times of “unexpected” in...
by buddtholomew
Tue Dec 14, 2021 9:46 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

But why? Gold isn’t doing anything for you. But it is. Peace of mind. I don't have to have the top % return in investing. Your peace of mind is a false sense of security and built on quicksand. There is nothing special at all about the PP and it has proven once more this year that Gold is a useless...
by buddtholomew
Tue Dec 14, 2021 9:03 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

Some things will come down as supply’s get better . One third of the cpi is the price of new and used cars which will fall . Labor Increases will stay but you can bet that raises going forward will be smaller for those who have had substantial increases already , so over time that will settle down ...
by buddtholomew
Tue Dec 14, 2021 8:34 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

But why? Gold isn’t doing anything for you. But it is. Peace of mind. I don't have to have the top % return in investing. Your peace of mind is a false sense of security and built on quicksand. There is nothing special at all about the PP and it has proven once more this year that Gold is a useless...
by buddtholomew
Tue Dec 14, 2021 8:14 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

All going to plan! Selling stocks in Jan to fund more gold and silver buying! Maybe it's insane, which is exactly what I should be doing. I think I've said in the past if at every opportunity I did the opposite of what my gut what telling me I'd be retired. But why? Gold isn’t doing anything for yo...
by buddtholomew
Tue Dec 14, 2021 7:42 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

Wholesale prices up 9.6%, gold down .7%
I rest my case.
Good luck to you all holding this J U N K

Also, no more excuses that USD is strong, it’s not!
by buddtholomew
Mon Dec 13, 2021 10:38 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

Here's a different perspective from Paul Belanger: 2021-12-11 Current Gold and Equity Valuation Fundamentally gold should increase in price by about 7.5% per year over the very long term plus a little extra boost from the fact that it would need to increase in price by 30% currently just to revert ...
by buddtholomew
Mon Dec 13, 2021 10:00 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

it wouldnt be so bad except gold cant seem to get any traction …other assets like commodities or bitcoin can make 6% up in an afternoon ….but gold just cant get to first base in this environment which is why i dont want gold as my only hedge going forward. i want it combined with other inflation or...
by buddtholomew
Thu Dec 09, 2021 4:11 pm
Forum: Gold
Topic: Gold as a diversifier - PP gets a mention
Replies: 28
Views: 10224

Re: Gold as a diversifier - PP gets a mention

If gold goes to some higher number forcing a rebalance, will you? Or do you not follow PP rebalancing? I have been rebalancing out of Gold previously held in an IRA but not sold anything in taxable. I plan to sell some in taxable for annual living expenses in the near future when cash buffer is dep...
by buddtholomew
Thu Dec 09, 2021 3:51 pm
Forum: Gold
Topic: Gold as a diversifier - PP gets a mention
Replies: 28
Views: 10224

Re: Gold as a diversifier - PP gets a mention

Gold is still garbage. But Budd, the reason that you don't just sell your remaining gold is that your gains on it are large enough for taxes to be a consideration, right? I would say that historically gold has been garbage for a decade or two when financial assets are performing well, and a great d...
by buddtholomew
Thu Dec 09, 2021 12:39 pm
Forum: Gold
Topic: Gold as a diversifier - PP gets a mention
Replies: 28
Views: 10224

Re: Gold as a diversifier - PP gets a mention

Gold is still garbage. But Budd, the reason that you don't just sell your remaining gold is that your gains on it are large enough for taxes to be a consideration, right? I would say that historically gold has been garbage for a decade or two when financial assets are performing well, and a great d...
by buddtholomew
Thu Dec 09, 2021 8:48 am
Forum: Gold
Topic: Gold as a diversifier - PP gets a mention
Replies: 28
Views: 10224

Re: Gold as a diversifier - PP gets a mention

Gold is still garbage.
by buddtholomew
Tue Nov 30, 2021 10:56 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

End of month bullshit...
We’ll see how we close
by buddtholomew
Tue Nov 30, 2021 10:06 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

Just makes me laugh...up 1.4 to down .6 in 20 minutes...don’t care, feels good.
by buddtholomew
Fri Nov 26, 2021 12:03 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1741045

Re: The GOLD scream room

mathjak107 wrote: Fri Nov 26, 2021 11:46 am
Don wrote: Fri Nov 26, 2021 10:52 am Gold has nothing in common with bitcoin.
not likely the case ..a stumbling dollar will likely see bitcoin respond just like gold would..
Neither responded today.