The GOLD scream room

Discussion of the Gold portion of the Permanent Portfolio

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JohnnyFactor
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Re: The GOLD scream room

Post by JohnnyFactor »

Useless but fun trivia of the day:

There is 1/1000 oz of gold in a smartphone. About $1.25 as of today.
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dualstow
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Re: The GOLD scream room

Post by dualstow »

Cool. I wonder how much the cobalt is worth.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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JohnnyFactor
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Re: The GOLD scream room

Post by JohnnyFactor »

Yikes. I didn't know this, but should have guessed.

http://www.skynews.com.au/news/world/af ... hones.html
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dualstow
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Re: The GOLD scream room

Post by dualstow »

I was about to say it's well known, but I was thinking of the recycling end of it. Young kids burnng off the plastic and inhaling the fumes.

I guess the gold picture isn't much prettier.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Libertarian666
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Re: The GOLD scream room

Post by Libertarian666 »

Ok, everyone can blame me for today's drop. I bought a couple of ounces last night. :P
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ochotona
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Re: The GOLD scream room

Post by ochotona »

I an having more dreams of $1200 now
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dualstow
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Re: The GOLD scream room

Post by dualstow »

Gold's on sale today.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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Cortopassi
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Re: The GOLD scream room

Post by Cortopassi »

Wonder if you'll ever be able to say that about the stock market ever again...
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dualstow
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Re: The GOLD scream room

Post by dualstow »

Cortopassi wrote:Wonder if you'll ever be able to say that about the stock market ever again...
Sure, in November. O0
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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ochotona
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Re: The GOLD scream room

Post by ochotona »

I put in a limit order at $1200. I guess that means in a week it'll be at $1300.
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Re: The GOLD scream room

Post by Cortopassi »

Oh, you'll get it. Feels like we are starting that July swoon in the PP again here.
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew »

If investors hate it so much, I want it.
Bought 1% worth today.
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dualstow
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Re: The GOLD scream room

Post by dualstow »

Nice, Budd!
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Libertarian666
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Re: The GOLD scream room

Post by Libertarian666 »

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...
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ochotona
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Re: The GOLD scream room

Post by ochotona »

Great move Budd!
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew »

Well at least I'm in good company.
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eufo
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Re: The GOLD scream room

Post by eufo »

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
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ochotona
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Re: The GOLD scream room

Post by ochotona »

I wonder how low it will go!?!
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europeanwizard
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Re: The GOLD scream room

Post by europeanwizard »

Do you guys actively trade on gold? Maybe as part of your variable portfolio?
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Hal
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Re: The GOLD scream room

Post by Hal »

europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?
Yes, in my VP.

Try this site for some ideas.
https://www.youtube.com/user/belangp/videos

Suggestions from others welcome!
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ochotona
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Re: The GOLD scream room

Post by ochotona »

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.
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Re: The GOLD scream room

Post by Cortopassi »

I am way past trying to trade anything.

I will follow either the bands to rebalance or once a year.
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europeanwizard
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Re: The GOLD scream room

Post by europeanwizard »

Hal wrote:
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
Thanks, looks interesting!
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dualstow
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Re: The GOLD scream room

Post by dualstow »

europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?
I've got the buying part down. Now if it would just go high enough for me to do some selling! O0
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Libertarian666
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Re: The GOLD scream room

Post by Libertarian666 »

dualstow wrote:
europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?
I've got the buying part down. Now if it would just go high enough for me to do some selling! O0
Some people are never satisfied! :P
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