Gyroscopic Investing

ochotona wrote: ↑Sun Sep 22, 2019 4:51 pm Newmont plans for success at a $900 gold price.

https://youtu.be/d7wTjo4avCE

Many companies, including the world’s largest gold miner, Newmont Goldcorp Corp., say they will only approve new projects if they can make money with gold at $1,200, about 20% below where the metal currently trades.

boglerdude wrote: ↑Mon Sep 23, 2019 2:17 am Wouldnt gold work better as money if there were no mining? Its supposed to be a stable benchmark against which to price everything else

ochotona wrote: ↑Wed Oct 02, 2019 5:45 am Firms offering no commissions on trading:

Charles Schwab (announced 10/1/19)
TD Ameritrade (announced 10/2/19, effective 10/3/19)
Interactive Brokers (the IBKR-Lite tier)

Cortopassi wrote: ↑Thu Nov 07, 2019 1:15 pm Anyone read/hear anything that's slamming gold and bonds today? Everyone will be putting 100% of their money in the stock market forever or something like that? No risk 25% a year investing?

In Europe, negative yields on some long-term government bonds—which had alarmed investors when they proliferated earlier in the year—faded amid evidence that easier monetary policy and potentially constructive political developments may have helped the world’s biggest economies dodge a major growth slowdown.
...
Hopes of an initial trade deal between the U.S. and China this week help the outlook for Germany’s export-dependant economy—the eurozone’s largest—in particular, investors say.

dualstow wrote: ↑Thu Nov 07, 2019 3:10 pm

Cortopassi wrote: ↑Thu Nov 07, 2019 1:15 pm Anyone read/hear anything that's slamming gold and bonds today? Everyone will be putting 100% of their money in the stock market forever or something like that? No risk 25% a year investing?

WSJ says

In Europe, negative yields on some long-term government bonds—which had alarmed investors when they proliferated earlier in the year—faded amid evidence that easier monetary policy and potentially constructive political developments may have helped the world’s biggest economies dodge a major growth slowdown.
...
Hopes of an initial trade deal between the U.S. and China this week help the outlook for Germany’s export-dependant economy—the eurozone’s largest—in particular, investors say.

WSJ paywalled - https://www.wsj.com/articles/the-wave-o ... 1573140838

So, I guess- trade tensions easing, bond yields surging.

Cortopassi wrote: ↑Thu Nov 07, 2019 5:22 pm What I'd love in Jan on my annual rebalance is the opposite of what happened last year. With the drop in stocks late last year I was not able to lock in gains and sell some stocks in a rebalance.

This year I'd be able to rebalance a bit out of stocks if this uptrend holds.

dualstow wrote: ↑Thu Nov 07, 2019 5:56 pm

Cortopassi wrote: ↑Thu Nov 07, 2019 5:22 pm What I'd love in Jan on my annual rebalance is the opposite of what happened last year. With the drop in stocks late last year I was not able to lock in gains and sell some stocks in a rebalance.

This year I'd be able to rebalance a bit out of stocks if this uptrend holds.

You could always do it early. What are the odds that optimum gains are going to line up with your preferred date of sale?

Cortopassi wrote: ↑Thu Nov 07, 2019 8:52 pm

dualstow wrote: ↑Thu Nov 07, 2019 5:56 pm

Cortopassi wrote: ↑Thu Nov 07, 2019 5:22 pm What I'd love in Jan on my annual rebalance is the opposite of what happened last year. With the drop in stocks late last year I was not able to lock in gains and sell some stocks in a rebalance.

This year I'd be able to rebalance a bit out of stocks if this uptrend holds.

You could always do it early. What are the odds that optimum gains are going to line up with your preferred date of sale?

That would be timing in a way. Blindly doing it in early January makes it mindless and emotionless -- as well, I have my IRA contribution cash going in early January each year so that adds to the cash amount.

dualstow wrote: ↑Fri Dec 13, 2019 11:40 am Nice to see gold at 1479.

Stocks were supposed to get a big boost from the latest trade & tariff talk. Now flat.

dualstow wrote: ↑Fri Dec 13, 2019 11:40 am Nice to see gold at 1479.

Stocks were supposed to get a big boost from the latest trade & tariff talk. Now flat.

These are the good times.

sophie wrote: ↑Sat Feb 22, 2020 9:56 am from dualstow's signature: Gold has passed 1645/oz

Thought this was worth recording permanently because...Geez. What is going on with gold? Is this maybe about the coronavirus? Then again...who knows. It's all crowdspeak.

dualstow wrote: ↑Sat Feb 22, 2020 11:03 am

sophie wrote: ↑Sat Feb 22, 2020 9:56 am from dualstow's signature: Gold has passed 1645/oz

Thought this was worth recording permanently because...Geez. What is going on with gold? Is this maybe about the coronavirus? Then again...who knows. It's all crowdspeak.

On CNBC, it was noted that even as people continue to pour money into the market (Stock Scream thread has an article about Mom and Pop investors excited by fee-free trading), there is also money going into classic safe havens. Hence the falling yields and rise in the price of gold. Why are they also going into safe havens? Supposedly a lot of it *is* corona. Some think that the market is finally ready to tank because corona is eating into profits: airline companies, internationally sold beverages, lots of things.

Others think that this will be wrapped up by May- that the virus will be contained, things will go back to normal, and in the rear view mirror, this will look like a buying opportunity.