Gyroscopic Investing

HappyMan wrote: ↑Wed Jan 08, 2020 8:22 pm Is it time to buy oil?

oil still tumbling again today

edit-------------- limit order hit at 12.33

mathjak107 wrote: ↑Thu Jan 09, 2020 8:47 am
edit-------------- limit order hit at 12.33

Nice! What is your secret?

my butt ....

have a limit order in for gld too ... it is coming back to earth daily now ...

that flash was what we got for waiting 7 years for a high and it lasted not even a day . oil too fell something like 10% in days .

which is why it is always timing the markets it seems with commodities and gold , not time in the markets like equities

added to uso (oil ) and gld today

looks like the gold rally is fading off in to the sunset … I will add the last of the money likely today in to gld .

silver’s down 1%. Do you ever trade that?

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

so just an update …..

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 .

When did you sell oil?

i just bought uso ........ i have not owned it in a while

mathjak107 wrote: ↑Mon Jan 13, 2020 3:23 pm added to uso (oil ) and gld today

Did you add to your limit order at 12.33 from 1/9 ?

Yes added to it yesterday

Bitcoin. Gbtc sold off today. Nice run up

ought ung again , it got hammered today

MJ,

USO down 3% today - u makin a move?

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 .

I will hold the whole thing to no more than 100k

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...

i held off on silver . i am trying to run with what is out of favor totally right now

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.

I'm thinking more like a Húsafell Stone of silver.

Perfect!

tips and china fund both sold at profits .. only eem is left

eem now sold too

mathjak107 wrote: ↑Mon Feb 03, 2020 8:53 am tips and china fund both sold at profits .. only eem is left

MJ,

Looks like MCHI took off right after you sold.

Were ya just looking for the quick grab?