Re: The GOLD scream room
Posted: Wed May 16, 2018 4:33 pm
Permanent Portfolio Forum
https://www.gyroscopicinvesting.com/forum/
https://www.gyroscopicinvesting.com/forum/viewtopic.php?t=4654
I always confused Churrascos with Churros until a little Mexican woman in Poughkeepsie set me straight a couple of weeks ago.
Ah, got it, dualstow. "Long Oily Thingies!" I've seen those around in Southeast Asia but have never tried them.
Bwahahaha. I have to laugh. I expected this thread to activate again. Who cares. This is perfect. No one cares about gold at all. Ripe for a multi-year rise, right?
So if your stocks went down to 0 that would still be better than gold?buddtholomew wrote: ↑Fri Jun 15, 2018 8:57 am We’ve been on the same hopium for a while now.
Even if equities tanked 100% I would still be way ahead of my gold position. Big mistake!
Yup, and since your buy you’ve stunk it up...too bad.Libertarian666 wrote: ↑Fri Jun 15, 2018 9:01 amSo if your stocks went down to 0 that would still be better than gold?buddtholomew wrote: ↑Fri Jun 15, 2018 8:57 am We’ve been on the same hopium for a while now.
Even if equities tanked 100% I would still be way ahead of my gold position. Big mistake!
Wow, that is terrible!
That makes more sense to me as it’s pretty much useless.
Ok, if I did the math right, that means you, Buddtholomew, have about $12M in your portfolio, and yet you spend your time coming on here to whine about gold's poor performance over the last few years. I'd like to think that if I had that much in my portfolio, I would not be worried about money at all and would find plenty of other things to keep me busy. But, lest you forget so easily, gold saved the decade of 2000 to 2010 for those who held enough to make a difference (sadly not me).buddtholomew wrote: ↑Fri Jun 15, 2018 9:38 amYup, and since your buy you’ve stunk it up...too bad.Libertarian666 wrote: ↑Fri Jun 15, 2018 9:01 amSo if your stocks went down to 0 that would still be better than gold?buddtholomew wrote: ↑Fri Jun 15, 2018 8:57 am We’ve been on the same hopium for a while now.
Even if equities tanked 100% I would still be way ahead of my gold position. Big mistake!
Wow, that is terrible!
Yet my 70/30 is up 340K YTD.
How’s your gold YTD?
No shit, I was just figuring the same thing!stuper1 wrote: ↑Fri Jun 15, 2018 10:51 amOk, if I did the math right, that means you, Buddtholomew, have about $12M in your portfolio, and yet you spend your time coming on here to whine about gold's poor performance over the last few years. I'd like to think that if I had that much in my portfolio, I would not be worried about money at all and would find plenty of other things to keep me busy. But, lest you forget so easily, gold saved the decade of 2000 to 2010 for those who held enough to make a difference (sadly not me).buddtholomew wrote: ↑Fri Jun 15, 2018 9:38 amYup, and since your buy you’ve stunk it up...too bad.Libertarian666 wrote: ↑Fri Jun 15, 2018 9:01 am
So if your stocks went down to 0 that would still be better than gold?
Wow, that is terrible!
Yet my 70/30 is up 340K YTD.
How’s your gold YTD?
It’s actually closer to 14M.stuper1 wrote: ↑Fri Jun 15, 2018 10:51 amOk, if I did the math right, that means you, Buddtholomew, have about $12M in your portfolio, and yet you spend your time coming on here to whine about gold's poor performance over the last few years. I'd like to think that if I had that much in my portfolio, I would not be worried about money at all and would find plenty of other things to keep me busy. But, lest you forget so easily, gold saved the decade of 2000 to 2010 for those who held enough to make a difference (sadly not me).buddtholomew wrote: ↑Fri Jun 15, 2018 9:38 amYup, and since your buy you’ve stunk it up...too bad.Libertarian666 wrote: ↑Fri Jun 15, 2018 9:01 am
So if your stocks went down to 0 that would still be better than gold?
Wow, that is terrible!
Yet my 70/30 is up 340K YTD.
How’s your gold YTD?
If you are 70% in stocks and your stocks went down 100%, that would mean you would lose 70% of your portfolio.buddtholomew wrote: ↑Fri Jun 15, 2018 9:38 amYup, and since your buy you’ve stunk it up...too bad.Libertarian666 wrote: ↑Fri Jun 15, 2018 9:01 amSo if your stocks went down to 0 that would still be better than gold?buddtholomew wrote: ↑Fri Jun 15, 2018 8:57 am We’ve been on the same hopium for a while now.
Even if equities tanked 100% I would still be way ahead of my gold position. Big mistake!
Wow, that is terrible!
Yet my 70/30 is up 340K YTD.
How’s your gold YTD?
Don’t be corto, I am a slave to my brain or lack thereof...
I would still have 30% in fixed income which is LTD +.Libertarian666 wrote: ↑Fri Jun 15, 2018 11:38 amIf you are 70% in stocks and your stocks went down 100%, that would mean you would lose 70% of your portfolio.buddtholomew wrote: ↑Fri Jun 15, 2018 9:38 amYup, and since your buy you’ve stunk it up...too bad.Libertarian666 wrote: ↑Fri Jun 15, 2018 9:01 am
So if your stocks went down to 0 that would still be better than gold?
Wow, that is terrible!
Yet my 70/30 is up 340K YTD.
How’s your gold YTD?
Obviously math isn't your strong suit.
That explains a lot. At least multi-million dollar market fluctuations are something I'll never have to worry about.buddtholomew wrote: ↑Fri Jun 15, 2018 11:05 amIt’s actually closer to 14M.stuper1 wrote: ↑Fri Jun 15, 2018 10:51 amOk, if I did the math right, that means you, Buddtholomew, have about $12M in your portfolio, and yet you spend your time coming on here to whine about gold's poor performance over the last few years. I'd like to think that if I had that much in my portfolio, I would not be worried about money at all and would find plenty of other things to keep me busy. But, lest you forget so easily, gold saved the decade of 2000 to 2010 for those who held enough to make a difference (sadly not me).buddtholomew wrote: ↑Fri Jun 15, 2018 9:38 am
Yup, and since your buy you’ve stunk it up...too bad.
Yet my 70/30 is up 340K YTD.
How’s your gold YTD?