The GOLD scream room

Discussion of the Gold portion of the Permanent Portfolio

Moderator: Global Moderator

User avatar
I Shrugged
Executive Member
Executive Member
Posts: 2062
Joined: Tue Dec 18, 2012 6:35 pm

Re: The GOLD scream room

Post by I Shrugged » Thu Dec 20, 2018 3:24 pm

Up 7.2% today.
User avatar
I Shrugged
Executive Member
Executive Member
Posts: 2062
Joined: Tue Dec 18, 2012 6:35 pm

Re: The GOLD scream room

Post by I Shrugged » Thu Dec 20, 2018 10:05 pm

I saw a quote that said gold was up 7.2%. I must have mis-read it or something.
Libertarian666
Executive Member
Executive Member
Posts: 5994
Joined: Wed Dec 31, 1969 6:00 pm

Re: The GOLD scream room

Post by Libertarian666 » Tue Dec 25, 2018 10:43 am

What, no comments on the big surge today?
Also, I see the S&P 500 is down about 12% YTD, whereas gold is down about 5% YTD.
Neither is great, but I know which one I prefer...
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: The GOLD scream room

Post by dualstow » Wed Dec 26, 2018 1:43 pm

I saw gold at 1278 today before the stock market rallied.
Fun while it lasted.
RIP Marcello Gandini
Libertarian666
Executive Member
Executive Member
Posts: 5994
Joined: Wed Dec 31, 1969 6:00 pm

Re: The GOLD scream room

Post by Libertarian666 » Thu Jan 03, 2019 5:35 pm

Don't look now, but we're getting close to $1300...
User avatar
Cortopassi
Executive Member
Executive Member
Posts: 3338
Joined: Mon Feb 24, 2014 2:28 pm
Location: https://www.jwst.nasa.gov/content/webbL ... sWebb.html

Re: The GOLD scream room

Post by Cortopassi » Thu Jan 03, 2019 9:04 pm

You're gonna jinx it, tech!
User avatar
buddtholomew
Executive Member
Executive Member
Posts: 2464
Joined: Fri May 21, 2010 4:16 pm

Re: The GOLD scream room

Post by buddtholomew » Fri Jan 04, 2019 8:18 am

Cinco de Mayo, ba-bye-o.
Would have liked to see Au rally here.
User avatar
Cortopassi
Executive Member
Executive Member
Posts: 3338
Joined: Mon Feb 24, 2014 2:28 pm
Location: https://www.jwst.nasa.gov/content/webbL ... sWebb.html

Re: The GOLD scream room

Post by Cortopassi » Fri Jan 04, 2019 8:53 am

budd, I thought you were going to stop posting.... ::)
User avatar
buddtholomew
Executive Member
Executive Member
Posts: 2464
Joined: Fri May 21, 2010 4:16 pm

Re: The GOLD scream room

Post by buddtholomew » Fri Jan 04, 2019 9:16 am

I no longer feel the need to defend a 4x25 allocation. I like the portfolio a lot more after catering the %’s to suit my temperament. I want Au to rally and it has shown strength the last couple months.
User avatar
ochotona
Executive Member
Executive Member
Posts: 3353
Joined: Fri Jan 30, 2015 5:54 am

Re: The GOLD scream room

Post by ochotona » Mon Jan 21, 2019 2:52 pm

He's an oddity, but even oddities could be right, if only purely by accident. Charles Nenner says to look for gold to make a low in mid-June 2019, then head higher. I mean, why not? I need to buy ~1% more gold, to make my pile 12.5%, which would fit into my ambition to have half-HBPP and half-VP.
User avatar
Cortopassi
Executive Member
Executive Member
Posts: 3338
Joined: Mon Feb 24, 2014 2:28 pm
Location: https://www.jwst.nasa.gov/content/webbL ... sWebb.html

Re: The GOLD scream room

Post by Cortopassi » Mon Jan 21, 2019 3:45 pm

I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date. ;)
User avatar
ochotona
Executive Member
Executive Member
Posts: 3353
Joined: Fri Jan 30, 2015 5:54 am

Re: The GOLD scream room

Post by ochotona » Mon Jan 21, 2019 6:20 pm

Cortopassi wrote:
Mon Jan 21, 2019 3:45 pm
I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date. ;)
Pick it with a dart and a calendar. He said June 15. I'm going to be in awe of him on June 15 or LMAO.
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: The GOLD scream room

Post by dualstow » Mon Jan 21, 2019 7:48 pm

Why be in awe if you acknowledge people can be right by accident?
There’re more forecastors than calendar dates so, someone is going to place an ad sometime soon, like:

Man who called gold’s low says buy orchid futures!
RIP Marcello Gandini
Kbg
Executive Member
Executive Member
Posts: 2815
Joined: Fri May 23, 2014 4:18 pm

Re: The GOLD scream room

Post by Kbg » Tue Jan 22, 2019 1:26 pm

Cortopassi wrote:
Mon Jan 21, 2019 3:45 pm
I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date. ;)
He's off. It will be July 11th. ;)
User avatar
ochotona
Executive Member
Executive Member
Posts: 3353
Joined: Fri Jan 30, 2015 5:54 am

Re: The GOLD scream room

Post by ochotona » Tue Jan 22, 2019 3:45 pm

Kbg wrote:
Tue Jan 22, 2019 1:26 pm
Cortopassi wrote:
Mon Jan 21, 2019 3:45 pm
I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date. ;)
He's off. It will be July 11th. ;)
6/31/2019
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: The GOLD scream room

Post by dualstow » Fri Jan 25, 2019 9:06 am

1% jump this morning.
RIP Marcello Gandini
Kbg
Executive Member
Executive Member
Posts: 2815
Joined: Fri May 23, 2014 4:18 pm

Re: The GOLD scream room

Post by Kbg » Fri Jan 25, 2019 9:12 am

ochotona wrote:
Tue Jan 22, 2019 3:45 pm
Kbg wrote:
Tue Jan 22, 2019 1:26 pm
Cortopassi wrote:
Mon Jan 21, 2019 3:45 pm
I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date. ;)
He's off. It will be July 11th. ;)
6/31/2019
Even better, totally plausible. I’m switching my forecast to 6/31.
Libertarian666
Executive Member
Executive Member
Posts: 5994
Joined: Wed Dec 31, 1969 6:00 pm

Re: The GOLD scream room

Post by Libertarian666 » Wed Jan 30, 2019 4:11 pm

No one seems to be excited about the latest surge.
Maybe that's good because it will reduce the pain when it goes back down?
But on the other hand, the PP is probably outperforming the stock market over the past couple of weeks...
User avatar
Kriegsspiel
Executive Member
Executive Member
Posts: 4052
Joined: Sun Sep 16, 2012 5:28 pm

Re: The GOLD scream room

Post by Kriegsspiel » Wed Jan 30, 2019 4:17 pm

Babbyyyyyyy
I've been hurt beforeeeeeeeee
You there, Ephialtes. May you live forever.
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: The GOLD scream room

Post by dualstow » Wed Jan 30, 2019 5:50 pm

O0 O0
RIP Marcello Gandini
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: The GOLD scream room

Post by dualstow » Thu Jan 31, 2019 8:48 am

8-month high, o
RIP Marcello Gandini
pmward
Executive Member
Executive Member
Posts: 1731
Joined: Thu Jan 24, 2019 4:39 pm

Re: The GOLD scream room

Post by pmward » Thu Jan 31, 2019 12:34 pm

Yep, gold and TLT are surging simply because I'm making my first purchases of both tomorrow. So don't worry, after I DCA in over the next 4 months it will promptly plummet, haha.
Libertarian666
Executive Member
Executive Member
Posts: 5994
Joined: Wed Dec 31, 1969 6:00 pm

Re: The GOLD scream room

Post by Libertarian666 » Thu Jan 31, 2019 1:32 pm

pmward wrote:
Thu Jan 31, 2019 12:34 pm
Yep, gold and TLT are surging simply because I'm making my first purchases of both tomorrow. So don't worry, after I DCA in over the next 4 months it will promptly plummet, haha.
So now you're horning in on my racket of being a contrary indicator?
I guess now I'll have to sell so it will go up!
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: The GOLD scream room

Post by dualstow » Wed Feb 06, 2019 3:11 pm

Well, the surge was fun while it lasted.
RIP Marcello Gandini
Libertarian666
Executive Member
Executive Member
Posts: 5994
Joined: Wed Dec 31, 1969 6:00 pm

Re: The GOLD scream room

Post by Libertarian666 » Wed Feb 06, 2019 7:17 pm

It's still up $30 this year so far.

If it does that every year, I'll be in pretty good shape.
Post Reply