How to Invest in an Overpriced World

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dualstow
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Re: How to Invest in an Overpriced World

Post by dualstow » Mon Jan 29, 2018 1:26 pm

jhogue wrote:I thought of expressing some skepticism of technovelist's all-weather enthusiasm for gold until I saw the following headline in today's Wall Street Journal:

"Gold Surge Accelerates as Dollar Falls:
It's mid-afternoon now, and all I see is 'Gold Falls as Dollar Rebounds, Treasury Yields Rise' in the same paper.
Vanguard prime mm compound yield is 2.01%. Inflation is 2.8%
On not looking: sometimes I think the sum total of my accounts has become my Precious. We likeses it too much, yes we do.
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dualstow
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Re: How to Invest in an Overpriced World

Post by dualstow » Mon Jan 29, 2018 1:31 pm

P.S. also -
'The Highest-Yielding Treasury Bond Isn’t Declining Like Its Peers'
The yield on the 30-year bond has been relatively stable, weighed down by doubts about a long-term pickup in inflation
Vanguard prime mm compound yield is 2.01%. Inflation is 2.8%
On not looking: sometimes I think the sum total of my accounts has become my Precious. We likeses it too much, yes we do.
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buddtholomew
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Re: How to Invest in an Overpriced World

Post by buddtholomew » Mon Jan 29, 2018 5:08 pm

Red across the landscape today.
Doing nothing.
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Re: How to Invest in an Overpriced World

Post by ochotona » Mon Jan 29, 2018 7:04 pm

buddtholomew wrote:Red across the landscape today.
Doing nothing.
No fun. I keep listening to podcasts where the speakers talk about a world where bonds and stocks aren't anti-correlated... where they go down together. These thoughts don't make me happy. The more I think about it, the more I think about gold and cash.
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Re: How to Invest in an Overpriced World

Post by eufo » Mon Jan 29, 2018 8:45 pm

Cash is going up! It never feels good, though.
Don't agree with me too strongly or I'm going to change my mind
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Re: How to Invest in an Overpriced World

Post by technovelist » Wed Mar 07, 2018 6:54 am

jhogue wrote:Thanks for correcting my mis-perception of your views on gold.

You may be correct that gold is under-valued at the moment, but how can you tell?
It is a couple of years off a major bottom and has been rising slowly and erratically for those years. There is no enthusiasm for it in the financial media.

Also, buddtholomew hates it.

But that last one may be permanent and thus would not have any predictive value. :D
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Re: How to Invest in an Overpriced World

Post by jhogue » Fri Mar 09, 2018 3:21 pm

Do you think that bitcoin is affecting the gold market? If so, how??
“Groucho Marx wrote:
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
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Re: How to Invest in an Overpriced World

Post by technovelist » Fri Mar 09, 2018 8:11 pm

jhogue wrote:Do you think that bitcoin is affecting the gold market? If so, how??
Who knows? But I doubt it has any significant influence. The markets for the two assets are too different, in my opinion anyway.
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Re: How to Invest in an Overpriced World

Post by dualstow » Tue Mar 13, 2018 8:52 am

jhogue wrote:Do you think that bitcoin is affecting the gold market? If so, how??
viewtopic.php?f=5&t=9238&hilit=gold+losing+bitcoin
Vanguard prime mm compound yield is 2.01%. Inflation is 2.8%
On not looking: sometimes I think the sum total of my accounts has become my Precious. We likeses it too much, yes we do.
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