Smith1776 wrote: ↑Fri Aug 07, 2020 12:42 pm
Hold on to yer gold, guys!
Massive sunspot is turning towards Earth this can result in major solar flares that can effect electrical systems
These sunspots occur on the photosphere region of the sun and can be huge in size - up to 50,000 kilometres in diameter
Smith1776 wrote: ↑Fri Aug 07, 2020 12:42 pm
Hold on to yer gold, guys!
Massive sunspot is turning towards Earth this can result in major solar flares that can effect electrical systems
These sunspots occur on the photosphere region of the sun and can be huge in size - up to 50,000 kilometres in diameter
I had cut my holdings in half about a week or two ago .......
I had a very uncomfortable feeling about all assets in the pp ......it was like investors were punch drunk .
I started to add some back today ...I couldn’t resist .....today was a killer drop on even the half that was left exceeding 35k ..to think if I didn’t cut back it would have been 70k is insane ..
mathjak107 wrote: ↑Tue Aug 11, 2020 5:00 pm
I had cut my holdings in half about a week or two ago .......
I had a very uncomfortable feeling about all assets in the pp ......it was like investors were punch drunk .
I started to add some back today ...I couldn’t resist .....today was a killer drop on even the half that was left exceeding 35k ..to think if I didn’t cut back it would have been 70k is insane ..
If portfolio volatility is a serious issue, I should be the one freaking out, but I'm not.
I'm still way ahead for the year, which is good enough for me.
I have to slap myself but I actually took a look at GLD and SLV call options today. I have not looked at options for years.
Looks like the beating is continuing tonight. If it continues through morning, I may have to risk a few hundred on a couple 1-2 month out calls. I know I shouldn't, but I need to convince myself I still suck at timing options.
mathjak107 wrote: ↑Tue Aug 11, 2020 5:00 pm
I had cut my holdings in half about a week or two ago .......
I had a very uncomfortable feeling about all assets in the pp ......it was like investors were punch drunk .
I started to add some back today ...I couldn’t resist .....today was a killer drop on even the half that was left exceeding 35k ..to think if I didn’t cut back it would have been 70k is insane ..
If portfolio volatility is a serious issue, I should be the one freaking out, but I'm not.
I'm still way ahead for the year, which is good enough for me.
the reality is today volatility is greater on all investments ... things move fast and furious both up and down ....
especial;ly in the pp when assets can move together and act like very very high equity positions .
for a daily drop the fall yesterday in the pp is my 2nd biggest in dollars to date .
but because i had cut the position in half and it still fell so much it may actually now be on a dollars down vs dollars invested basis the worst drop i have had in one day . i think 52k was my worst day with the insight models
MangoMan wrote: ↑Wed Aug 12, 2020 2:41 pm
Okay, so I have an interesting dilemma: Dentists accumulate scrap metal during the course of business and I have held it waiting for higher metal prices. Now that gold and silver are way up, I sent in a bunch for processing. They have given me the choice of tomorrow's spot prices (8/13), or the spot pricing on the day the assaying is complete (approx 7-10 days from now). Any advice which I should choose?
