The GOLD scream room
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- 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.
- dualstow
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Re: The GOLD scream room
Long bonds have been doing fine, haven't they?buddtholomew wrote:Gold hanging in there, treasuries are a bust with equities declining.
- buddtholomew
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Re: The GOLD scream room
Yeah my comment was before an auction this morning where treasuries were a little subdued even with almost a 1% decline in the S&P. Rallied late in the day just fine.
- Cortopassi
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Re: The GOLD scream room
It is all so predictable. Latest threat from N. Korea is "over." Run the slam gold algorithm...
- buddtholomew
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Re: The GOLD scream room
k
Makes me sick to ever have found this portfolio.
That was raw emotion this morning after 14 hours of migrating our enterprise reporting environment to AWS.
Such crap...same for treasuries.Cortopassi wrote:It is all so predictable. Latest threat from N. Korea is "over." Run the slam gold algorithm...
Makes me sick to ever have found this portfolio.
That was raw emotion this morning after 14 hours of migrating our enterprise reporting environment to AWS.
Re: The GOLD scream room
Right? I'm the dumbest smart person I know.buddtholomew wrote:Makes me sick to ever have found this portfolio.
Don't agree with me too strongly or I'm going to change my mind