Who’s buying Gold?

Discussion of the Gold portion of the Permanent Portfolio

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ppnewbie
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Who’s buying Gold?

Post by ppnewbie »

Who’s brave enough to pile in now that gold is tumbling?
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Vil
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Re: Who’s buying Gold?

Post by Vil »

ppnewbie wrote: Tue Mar 09, 2021 2:31 am Who’s brave enough to pile in now that gold is tumbling?
Bought paper 2 weeks ago think will do again. Considering some more physical as the spread is good now (3.5%) from where I buy
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buddtholomew
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Re: Who’s buying Gold?

Post by buddtholomew »

Golds up 1.71% to 1712 this morning.
whatchamacallit
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Re: Who’s buying Gold?

Post by whatchamacallit »

It is my lagging asset so I would be buying on ira contributions.
SomeDude
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Re: Who’s buying Gold?

Post by SomeDude »

I've bought 2 oz in the last month....buying another this weekend. The only way i wont is if silver crashes in the next few days.
ppnewbie
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Re: Who’s buying Gold?

Post by ppnewbie »

Bought some about 10 days ago. I think I’ll buy a maple leaf tomorrow.
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I Shrugged
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Re: Who’s buying Gold?

Post by I Shrugged »

ppnewbie wrote: Tue Mar 09, 2021 2:31 am Who’s brave enough to pile in now that gold is tumbling?
Heck it should be easy at this price.
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buddtholomew
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Re: Who’s buying Gold?

Post by buddtholomew »

I’m the resident pessimist on Gold and it’s not tumbling at all...
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mathjak107
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Re: Who’s buying Gold?

Post by mathjak107 »

buddtholomew wrote: Thu Mar 11, 2021 9:40 am I’m the resident pessimist on Gold and it’s not tumbling at all...
My gold and tlt are down pretty much the same ..down 7.34% for Tlt , 5.84 for gold which is better than the ytd which has both down about 11-12% , today has both in a nasty fall in the premarket ..

Both are in a bear market off the august highs down about 20%, so yeah they both did tumble ....you can’t say Tlt tumbled without saying gold tumbled , they have been joined at the hip more often then not
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Vil
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Re: Who’s buying Gold?

Post by Vil »

I am heretic and rebalancing gradually by selling stocka and buying gold gradually.. even though havent reached bands.. will I spend eternity in hell for that..? But there is one more round I will do this and thats it.. then I will sit on my hands...

PS. Hm first time I wrote 'stocka', but will leave it like this.. sounds like West coast gangsta version of stocks O0
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dualstow
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Re: Who’s buying Gold?

Post by dualstow »

Vil wrote: Fri Mar 12, 2021 4:54 am PS. Hm first time I wrote 'stocka', but will leave it like this.. sounds like West coast gangsta version of stocks O0
Sounds like an Eastern European bloc enforcement agency, a counterpart to the American SEC O0
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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buddtholomew
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Re: Who’s buying Gold?

Post by buddtholomew »

mathjak107 wrote: Fri Mar 12, 2021 4:40 am
buddtholomew wrote: Thu Mar 11, 2021 9:40 am I’m the resident pessimist on Gold and it’s not tumbling at all...
My gold and tlt are down pretty much the same ..down 7.34% for Tlt , 5.84 for gold which is better than the ytd which has both down about 11-12% , today has both in a nasty fall in the premarket ..

Both are in a bear market off the august highs down about 20%, so yeah they both did tumble ....you can’t say Tlt tumbled without saying gold tumbled , they have been joined at the hip more often then not
I’ve lived through some drawdowns in Gold but don’t recall experiencing such a pull-back in LTT’s.
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Kriegsspiel
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Re: Who’s buying Gold?

Post by Kriegsspiel »

Vil wrote: Fri Mar 12, 2021 4:54 am I am heretic and rebalancing gradually by selling stocka and buying gold gradually.. even though havent reached bands.. will I spend eternity in hell for that..? But there is one more round I will do this and thats it.. then I will sit on my hands...

PS. Hm first time I wrote 'stocka', but will leave it like this.. sounds like West coast gangsta version of stocks O0
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williamramirez
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Re: Who’s buying Gold?

Post by williamramirez »

I buy this gold consistently twice a year. It's the best investment these days. And if assets are falling now, it means that next year the price of gold will be 10-20% higher than the current price.
Last edited by williamramirez on Thu Mar 25, 2021 5:32 am, edited 1 time in total.
SomeDude
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Re: Who’s buying Gold?

Post by SomeDude »

williamramirez wrote: Wed Mar 24, 2021 10:32 am I buy gold consistently twice a year. It's the best investment these days. And if assets are falling now, it means that next year the price of gold will be 10-20% higher than the current price.
Boom WR. I like the way you're thinking.

I just bought 5 one oz random coins from jmbullion.
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dualstow
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Re: Who’s buying Gold?

Post by dualstow »

I would love to buy more gold this spring. It’s like $90 over spot (5.4%) to $200 over spot, which hurts. If it were closer to spot I’d already have it in my hands. Still hesitating.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
ppnewbie
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Re: Who’s buying Gold?

Post by ppnewbie »

I’m buying - I can get maple leafs for 99 over spot and I’m buying a few silver Britannia’s
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