Time to dump stocks and buy gold?

[Cortopassi]

Should have dumped them yesterday....

[dualstow]

Thank heavens the pp is doing its thing today, right guys?
I'm kidding. I don't expect things to happen perfectly in a single day of trading.

[Cortopassi]

Thank heavens the pp is doing its thing today, right guys?
I'm kidding. I don't expect things to happen perfectly in a single day of trading.

Would be nice, though, to have seen gold up, with all the babble about wage pressure and inflation.

[Mr Vacuum]

Interesting chart. I'm not familiar with that commodities index, but the ratio of gold alone to the S&P 500 is much different.

[Ugly_Bird]

[quote="MangoMan"][/quote]

Too late... Yesterday would be time :-)

[buddtholomew]

Diversification hurt with the $ rising and yields climbing. PP and 70/30 performed about the same.
Disappointed in Gold, but it held up relative to silver.
Pretty much a total washout.
Question is where will yields top out?

[dualstow]

Corto: indeed it would have.

[ochotona]

Diversification hurt with the $ rising and yields climbing. PP and 70/30 performed about the same.
Disappointed in Gold, but it held up relative to silver.
Pretty much a total washout.
Question is where will yields top out?

I think the 20 year Treasury tops out at 4.9%. Which means the 20 year Treasury has another 24% to fall. Which would be a 36% drop from June 15, 2016. I would say that's a worse case. Why do I think that? Ah... just guessing. If I could predict bond interest rates, I'd be Czar of Texas.

[dualstow]

There is no 20-year, is there?

[ochotona]

There is no 20-year, is there?

A 30 year which is 10 years old is a 20 year