Has anyone considered hedging currency risk in the PP? A rising dollar against other currencies has a negative impact on gold and US equities. I am considering UUP, which rises when the USD gains against a basket of commodities. I held it for two years at a loss. After I finally sold it, it went up...

Has anyone considered hedging currency risk in the PP? A rising dollar against other currencies has a negative impact on gold and US equities. I am considering UUP, which rises when the USD gains against a basket of commodities.

Ooh, are we doing ambiguous posts again? Here's one: =============================== I "hate" the PP.  And buddtholoMEW.  8) P.S. Just "kidding".  :o ;D Tell me you didn't expect a negative post from me after today's decline? I tried not to disappoint, but have learned not to &q...

KevinW wrote: Dude, sometimes you slay me. 

Just messing around fellas. These ups and downs don't really phase me as much as they used to. 

KevinW wrote: Did you wear green during the last couple weeks when the portfolio was consistently going up?

Oh, you mean when the portfolio was working its way back to even. I'll start wearing green when the PP is positive YTD.

Aah...the familiar stench of a substantial decline. I'm wearing red today to match my portfolio screen.

Whats the question? The portion of bonds issued by your state in a national muni fund are not taxable on your state return. VWIUX has approximately 4% of holdings issued by the state of California. You can reduce taxes owed on muni distributions by that amount. So what you're saying is I would have...

Bank earnings have been phenomenal to say the least, yet the overall US market has not reacted accordingly, or have they? Were the likes of Goldman Sachs, Wells Fargo, Citi, etc bid up before their earnings release? I don't have a concentration in financials, but seem to recall the sector rallying o...

Whats the question? The portion of bonds issued by your state in a national muni fund are not taxable on your state return. VWIUX has approximately 4% of holdings issued by the state of California. You can reduce taxes owed on muni distributions by that amount.

*By inflation I mean an increase in the money supply, not that general increase in prices that follows from the increase in the money supply. Is it an increase in the money supply or the circulation of that supply to the masses (velocity)? We haven't witnessed a rise in inflation even with the incr...

If single digit losses are causing this much grief to an investor they need to be in 100% cash at a bank. They should not be investing that money at all. And that advice is for any investment strategy, not just the Permanent Portfolio. Life is too short to worry about this if it is an issue. Its no...

Xan, I feel the same way. If I were to abandon the PP, where else would I invest? Pretty sad when you are locked into a position and have to continue to watch it decline.

My comments were directed to the recent performance of the PP and not the individual PP investor. A few board members have capitulated publicly and I'm sure many have privately. I plan to stay the course, but wonder whether we will have the same conversation years from now. Re-read some of Clive's p...

Im not predicting anything. Are yields rising, has gold plummeted and has the rise in equities failed to buoy the portfolio. Seems factual to me.

Its over for the PP investor. A perfect storm of rising interest rates and tumbling gold. The achilles heal has been exposed as equities cannot buoy the portfolio from further declines. My worst fear has been realized. Buy into an investing philosophy to watch it crash and burn.

I feel very fortunate to have lived through 2008 in the prime of my investing career.  I experienced it fully and completely.  The trauma was comprehensive.  You can't read about that kind of stuff and understand it.  You must live through it. Truer words... This last year has to have been tough sl...

Wishing you all the best Melveyr. Let us know if we can assist in any capacity.

Of course you "knew" that gold at 16-1700 was too high and the 30-year yield below 3% was too low. So, you lowered your gold allocation to some percentage and did not have any long-term treasury exposure. What was your exposure to equities and cash? Are you a PP investor or trader that dab...

To what degree is the price of gold manipulated? Am I naive in believing in a free market? Many articles posit that the recent decline in gold has been manufactured by the fed to serve some purpose. Does the US want to return Germany's gold reserves at the lowest possible price? Interested to hear ...

[Oh, Crystal Ball... Crystal Ball...] When you're right, you're right, and Edward Lashinski of RBC Capital Markets was right on when he predicted that gold would go to $1,225. The yellow metal hit his bearish year-end price target in Wednesday trading. So where does the director of global strategy ...

To what degree is the price of gold manipulated? Am I naive in believing in a free market? Many articles posit that the recent decline in gold has been manufactured by the fed to serve some purpose. Does the US want to return Germany's gold reserves at the lowest possible price? Interested to hear o...

Interesting to see the divergence between TIPS and Gold. Looks like some of us that re-balanced prior to hitting a 15% trigger might have been early.

Btw, I re-balanced with additional cash and not from equities. Just for the record.

Budd's page was thrown into the garbage this afternoon. I logged into VG while waiting inline to pick up my son from school and placed a 50K limit order at 118.50 that executed around 12:10 this afternoon. Who knows how this asset or the portfolio will perform moving forward, but I for one know that...

I think the thing that's been most disturbing over the past 6 months is watching bonds and gold behaving almost in lock-step.  Gold is down 25%-30% for the year (depending on which fund you track) and bonds are down about 11% YTD.  Stocks are up around 12%, which is enough to offset the loss in bon...