Re: The GOLD scream room
Posted: Sun Sep 22, 2019 4:51 pm
Permanent Portfolio Forum
https://www.gyroscopicinvesting.com/forum/
https://www.gyroscopicinvesting.com/forum/viewtopic.php?t=4654
The other day I readochotona wrote: ↑Sun Sep 22, 2019 4:51 pm Newmont plans for success at a $900 gold price.
https://youtu.be/d7wTjo4avCE
https://www.wsj.com/articles/as-gold-pr ... 1569144601Many 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.
Maybe, but mining output adds only a few percent of total stocks every year, and that is very hard to increase.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)
WSJ saysCortopassi 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 paywalled - https://www.wsj.com/articles/the-wave-o ... 1573140838In 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.
Very interesting that I have to visit this website to find out that something is "slamming" gold and bonds today.dualstow wrote: ↑Thu Nov 07, 2019 3:10 pmWSJ saysCortopassi 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 paywalled - https://www.wsj.com/articles/the-wave-o ... 1573140838In 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.
So, I guess- trade tensions easing, bond yields surging.
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 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.
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: ↑Thu Nov 07, 2019 5:56 pmYou 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 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.
"That would be timing in a way. Blindly doing it in early January makes it mindless and emotionless"Cortopassi wrote: ↑Thu Nov 07, 2019 8:52 pmThat 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: ↑Thu Nov 07, 2019 5:56 pmYou 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 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.
— Willing, ‘The Mandibles’These are the good times.
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.
Or a selling opportunity for gold.dualstow wrote: ↑Sat Feb 22, 2020 11:03 amOn 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.