The GOLD scream room
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- Cortopassi
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Re: The GOLD scream room
Wonder if you'll ever be able to say that about the stock market ever again...
- dualstow
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Re: The GOLD scream room
Sure, in November.Cortopassi wrote:Wonder if you'll ever be able to say that about the stock market ever again...
Re: The GOLD scream room
I put in a limit order at $1200. I guess that means in a week it'll be at $1300.
- Cortopassi
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Re: The GOLD scream room
Oh, you'll get it. Feels like we are starting that July swoon in the PP again here.
- buddtholomew
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Re: The GOLD scream room
If investors hate it so much, I want it.
Bought 1% worth today.
Bought 1% worth today.
- dualstow
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Re: The GOLD scream room
Nice, Budd!
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Re: The GOLD scream room
If there is going to be a beat-down it is a lot cheaper to do it when there is no trading to speak of, like on a semi-holiday like today.
I doubt this will last, so good on Buddtholomew for buying some down here.
Of course no one should listen to my predictions...
I doubt this will last, so good on Buddtholomew for buying some down here.
Of course no one should listen to my predictions...
Re: The GOLD scream room
Great move Budd!
- buddtholomew
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Re: The GOLD scream room
Well at least I'm in good company.
Re: The GOLD scream room
Bought up some IAU just now at $11.61508... this rout feels brutal! Grrrrr!!!
Don't agree with me too strongly or I'm going to change my mind
Re: The GOLD scream room
I wonder how low it will go!?!
- europeanwizard
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Re: The GOLD scream room
Do you guys actively trade on gold? Maybe as part of your variable portfolio?
Re: The GOLD scream room
Yes, in my VP.europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?
Try this site for some ideas.
https://www.youtube.com/user/belangp/videos
Suggestions from others welcome!
Re: The GOLD scream room
I cancelled my limit orders at 1200. Maybe we go lower. Let's see.
I could never trade this stuff. I'd have an ulcer. I'm just trying to buy and keep a 10% allocation.
I could never trade this stuff. I'd have an ulcer. I'm just trying to buy and keep a 10% allocation.
- Cortopassi
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Re: The GOLD scream room
I am way past trying to trade anything.
I will follow either the bands to rebalance or once a year.
I will follow either the bands to rebalance or once a year.
- europeanwizard
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Re: The GOLD scream room
Thanks, looks interesting!Hal wrote:Try this site for some ideas.europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?
https://www.youtube.com/user/belangp/videos
- dualstow
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Re: The GOLD scream room
I've got the buying part down. Now if it would just go high enough for me to do some selling!europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?
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Re: The GOLD scream room
Some people are never satisfied!dualstow wrote:I've got the buying part down. Now if it would just go high enough for me to do some selling!europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?
Re: The GOLD scream room
This might be the biggest jump in the price of gold I've seen in one day since I started the PP. (+1.67%)
Now my overall gold holdings are only down 7.39% since the time of purchase (starting in 2011 - a very bad year with another to follow).
Now my overall gold holdings are only down 7.39% since the time of purchase (starting in 2011 - a very bad year with another to follow).
- dualstow
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Re: The GOLD scream room
Thanks, NK Kim dynasty.farjean2 wrote:This might be the biggest jump in the price of gold I've seen in one day since I started the PP. (+1.67%)
...
Gold may move back down with stocks moving back up, but the pp really does provide a smooth ride for the most part. As advertised.
- Cortopassi
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Re: The GOLD scream room
If it truly is because of North Korea, we can expect it to drop back shortly.
However, gold is starting to feel a bit different lately. A little stronger. I need to see it hold 1300 for a few weeks before I get excited.
But it certainly has helped smooth the pp out for sure. New 2017 high for me today.
However, gold is starting to feel a bit different lately. A little stronger. I need to see it hold 1300 for a few weeks before I get excited.
But it certainly has helped smooth the pp out for sure. New 2017 high for me today.
Re: The GOLD scream room
We shall see, but essentially it has gone exactly nowhere since Feb 2016 bouncing mainly between 1200 and 1300.Cortopassi wrote:If it truly is because of North Korea, we can expect it to drop back shortly.
However, gold is starting to feel a bit different lately. A little stronger. I need to see it hold 1300 for a few weeks before I get excited.
But it certainly has helped smooth the pp out for sure. New 2017 high for me today.
- Cortopassi
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Re: The GOLD scream room
Ahhh...one of those days to kick back and watch bonds and gold overcome the stock market downturn....at least for now...
- dualstow
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Re: The GOLD scream room
Last month, I thought I had plenty of time to set up a new checking account from which to buy gold. Oops. No complaints here, though.Cortopassi wrote:Ahhh...one of those days to kick back and watch bonds and gold overcome the stock market downturn....at least for now...
- buddtholomew
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Re: The GOLD scream room
Gold hanging in there, treasuries are a bust with equities declining.