i haven't traded silver since 1987 when i got burned . but i have thought about slv below 17 dollars a share . just never done it ...there is always something else like gbtc or uso that seems to distract me away . right now i am in uso and gld
bought back 170k in gld , 21k in uso (oil) 10k in bitcoin GBTC ….. all the rest is in the 25% equity fidelity insight income model …. right now I am holding off on tlt unless it moves down quite a bit …
I much prefer to use the short term bond and intermediate term bond funds in the fidelity model with some gold and oil coverage ….
i think we can see rates climb a bit so i don't want so much interest rate risk as gold and long term treasuries really are a bet on low rates with that kind of heft .
already in ... waiting for the next event in the mideast .... i have ung natural gas which i am up on but not enough yet ... i don't mind sitting with commodities .. even gold i am still holding
Put together a little portfolio of unloved assets ...I tried to pick the assets being cast a side .
Oil which I have uso and added more today ..
I split the stock budget with half in eem emerging market and half in mchi China .....and TIPS since I think inflation expectations are under estimated and tips are frowned upon right now ......I will add up to 50% more if it falls enough and then let it ride .
mathjak107 wrote: ↑Tue Jan 14, 2020 10:43 am
i haven't traded silver since 1987 when i got burned . but i have thought about slv below 17 dollars a share . just never done it ...there is always something else like gbtc or uso that seems to distract me away . right now i am in uso and gld
I bought around 70 lbs of silver a couple years ago, not all at once, on a speculative basis. Everything I picked up was in the $14 oz range (under $15). And I still have it in a safe deposit box that I hate even looking at because its so damned heavy. If I ever do anything like that again, I'm definitely going to use SLV. That said, I'm ahead on that speculation... so yeah. I thought, and still believe, that silver is cheap relative to gold. But the silver/gold price ratio has remained quite high. Hmmm...
Ad Orientem wrote: ↑Wed Jan 29, 2020 10:18 pm
I bought around 70 lbs of silver a couple years ago, not all at once, on a speculative basis.
For weightlifters like Smithers and Kriegsspiel, I’m imagining kettlebells or other weights made of gold and silver. Like what thief is going to run off with those.