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by ppnewbie
Thu Mar 26, 2020 10:46 pm
Forum: Gold
Topic: Why is IAU significantly trailing the gold spot price
Replies: 5
Views: 2216

Why is IAU significantly trailing the gold spot price

IAU price is 15.61 and the gold spot is 1624. Are they having a hard time keep up with the volatility of gold at the moment? I hope this ETF stays solid because my 401k did not really have any for physical gold ownership.
by ppnewbie
Thu Mar 26, 2020 10:40 pm
Forum: Permanent Portfolio Discussion
Topic: YouTube: Harry Browne's The Money Show
Replies: 13
Views: 6558

Re: YouTube: Harry Browne's The Money Show

Thanks! It would be amazing to have these on a podcast as well. But thanks this.
by ppnewbie
Tue Mar 24, 2020 6:18 pm
Forum: Gold
Topic: Gold Dealer questions
Replies: 1
Views: 1131

Gold Dealer questions

I want to start buying gold and having it stored by the dealer itself. I want the most reputable business with the longest history. I am having trouble because they seem to be alot of these dealers. I want something as stable and secure as Perth Mint, which is one of my options. I'm a little wary of...
by ppnewbie
Tue Mar 24, 2020 6:06 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1655826

Re: The GOLD scream room

Gold up from below 1500 to 1680 to 1630. Crazy.
by ppnewbie
Sat Mar 21, 2020 8:14 pm
Forum: Gold
Topic: Price of IAU vs. price of gold
Replies: 4
Views: 5077

Re: Price of IAU vs. price of gold

Just some other quick differences between GLD and IAU is their expense ratios as well their custodians. GLD’s custodian is HSBC and IAU I believe is JP Morgan.
by ppnewbie
Sat Mar 21, 2020 8:10 pm
Forum: Cash
Topic: Schwab cancels T bill rollovers due to negative rate fears
Replies: 23
Views: 10011

Re: Schwab cancels T bill rollovers due to negative rate fears

I think I bonds at treasury direct are still at 2.22 percent. You can purchase 10k per family member.
by ppnewbie
Sat Mar 21, 2020 7:50 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 539
Views: 350355

Re: Golden Butterfly Portfolio

Interesting Kevin. I’ve thought about rebalancing closer to the HBPP as well, instead of doubling down on stocks at this moment.
by ppnewbie
Thu Mar 19, 2020 1:17 am
Forum: Gold
Topic: A CombiBar Thread
Replies: 8
Views: 3053

Re: A CombiBar Thread

These bars are in high demand and I figure they will also be very easy to resell. Plus they are super cool. I think the PAMP multigrams and the maple grams wound actually be more practical in a zombie apocalypse (the imminent zombie apocalypse). I believe the PAMP multigrams are in individual assays...
by ppnewbie
Tue Mar 17, 2020 4:28 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1655826

Re: The GOLD scream room

I need to work on my overbalance rules. I did get my hands on a sweet valcambi CombiBar!
by ppnewbie
Tue Mar 17, 2020 2:45 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1655826

Re: The GOLD scream room

Looking through some of the large sellers Provident, Apmex, JM Bullion and many of them are sold out of a majority of their gold inventory bars and coins
by ppnewbie
Sun Mar 15, 2020 3:17 pm
Forum: Permanent Portfolio Discussion
Topic: Is there a more perfect "bunker" in light of Coronovirus?
Replies: 15
Views: 6083

Re: Is there a more perfect "bunker" in light of Coronovirus?

I was thinking of dumping the entire portion of my GB stocks into cash. I am very concerned about a global depression. And was thinking that rather than watch my stock portion sink horribly I could put it in cash and buy back in on the next rebalance. I would view it as insurance basically paying th...
by ppnewbie
Tue Mar 10, 2020 11:25 am
Forum: Gold
Topic: Gold holding companies
Replies: 3
Views: 2412

Re: Gold holding companies

On a side note - you may want to look at the cash part of this forum. If want to move money quick - you can buy treasurydirect.gov tbill, notes, bonds, ee bonds. TIPs, or I bonds. To get your money out of a bank. I am buying series I bonds.
by ppnewbie
Tue Mar 10, 2020 11:21 am
Forum: Gold
Topic: Gold holding companies
Replies: 3
Views: 2412

Re: Gold holding companies

I’m trying to figure this out myself but I have not pulled the trigger on purchasing through one of these companies yet. I just purchased IAU for my 401k. But for my long term holdings I want to find an extremely stable company overseas. Perthmint also has some very interesting programs. I think you...
by ppnewbie
Mon Mar 09, 2020 10:17 pm
Forum: Permanent Portfolio Discussion
Topic: Stay cool...
Replies: 39
Views: 18666

Re: Stay cool...

Thank you, MediumTex, and Tyler! I am so happy I found this forum and your book. I put my 401k into the GB. I wish I could have done the same with my taxable portfolio but the tax implications would have been a major hit. Now, I can ride out my my losses in the taxable account over many years while ...
by ppnewbie
Mon Mar 09, 2020 9:57 pm
Forum: Bonds
Topic: Realistic Expectations for Long Bonds
Replies: 66
Views: 40959

Re: Realistic Expectations for Long Bonds

I feel like the spaceship is going warp speed through an asteroid belt at the moment. She's holding together but I've definitely got white knuckles holding on. I keep thinking about selling some of the stock portion ahead of my rebalance band or rebalance period in order to spare an (unnecessary) do...
by ppnewbie
Tue Mar 03, 2020 10:43 pm
Forum: Permanent Portfolio Discussion
Topic: THE ALLEGORY OF THE HAWK AND SERPENT
Replies: 27
Views: 17638

Re: THE ALLEGORY OF THE HAWK AND SERPENT

I found another long volatility fund that charges 1% management fee and 10% incentive fee. With a minimum investment of 100k. It’s called mutiny fund (mutinyfund.com). These guys also have a podcast where they go over their entire strategy in a four part series called ”Why Mutiny”. It also turns out...
by ppnewbie
Tue Mar 03, 2020 10:32 pm
Forum: Permanent Portfolio Discussion
Topic: Another phase completed!
Replies: 17
Views: 7858

Re: Another phase completed!

If you wrote a book summarizing all the useful post on this forum, I would definitely buy it!
by ppnewbie
Tue Mar 03, 2020 4:41 pm
Forum: Cash
Topic: Fidelity - SHV BIL or TBILL ladder (auto roll)
Replies: 21
Views: 20695

Re: Fidelity - SHV BIL or TBILL ladder (auto roll)

Just put in 75% of my cash into 1 and 2 month t-bills auction for the tenth. I am going to put in an order for the rest at the next 3 month t-bill auction. (Auto-roll)
by ppnewbie
Mon Mar 02, 2020 5:29 pm
Forum: Cash
Topic: Fidelity - SHV BIL or TBILL ladder (auto roll)
Replies: 21
Views: 20695

Re: Fidelity - SHV BIL or TBILL ladder (auto roll)

I also went to totaled all my fidelity expense ratio's and realized they are siphoning off a significant chunk of money. Least of which they are charging me a large amount of money to hold cash and make it somehow risky using FDRXX (repo's). I'm going to buy t-bill at auction. Does anyone have a tho...
by ppnewbie
Mon Mar 02, 2020 1:53 am
Forum: Gold
Topic: Interesting timing of Apmex sale
Replies: 0
Views: 2560

Interesting timing of Apmex sale

Apmex had a very good sale on the premium over spot for gold products. They were selling bars for $8 over spot. The next day the price of gold dropped significantly. Do you think they were selling cheap based on some type of market signal?
by ppnewbie
Mon Mar 02, 2020 1:48 am
Forum: Permanent Portfolio Discussion
Topic: Another phase completed!
Replies: 17
Views: 7858

Re: Another phase completed!

craigr and I think mediumtex
by ppnewbie
Mon Mar 02, 2020 1:46 am
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 76508

Re: Purpose of the PP

I think someone mentioned this before but I use the GB for peace of mind. It’s nice to detach from the financial economy once the GB / HBPP is in place, especially if you are middle aged.
by ppnewbie
Mon Mar 02, 2020 1:33 am
Forum: Permanent Portfolio Discussion
Topic: Another phase completed!
Replies: 17
Views: 7858

Re: Another phase completed!

My suggestion is to read:
The Permanent Portfolio: Harry Browne's Long-Term Investment Strategy - by Craig Rowland and JM Lawson (They started this forum)
by ppnewbie
Sun Mar 01, 2020 3:15 pm
Forum: Bonds
Topic: FNBGX vs. individual bonds at Fidelity
Replies: 21
Views: 17517

Re: FNBGX vs. individual bonds at Fidelity

I put 75% in FNGBX and 25% in 30 year Bonds. Honestly it’s still a little confusing to me the way it’s priced and auctions, etc and I have not sold any to rebalance. But I think the best way to go is buying the direct treasury - once you figure it out. I am about to convert my entire cash portion to...
by ppnewbie
Sat Feb 29, 2020 11:58 pm
Forum: Permanent Portfolio Discussion
Topic: THE ALLEGORY OF THE HAWK AND SERPENT
Replies: 27
Views: 17638

Re: THE ALLEGORY OF THE HAWK AND SERPENT

Listened to the podcast. Thanks for sharing that. This week would have been the hawk killing the snake before it finished eating itself!