The GOLD scream room

Discussion of the Gold portion of the Permanent Portfolio

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ochotona
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Re: The GOLD scream room

Post by ochotona » Thu Nov 07, 2019 5:01 pm

I'm a gold buyer at $1435 with my 2020 Roth IRA money.
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Cortopassi
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Re: The GOLD scream room

Post by Cortopassi » 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.
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dualstow
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Re: The GOLD scream room

Post by dualstow » 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?
New York City disbanded its anticrime unit of plainclothes officers on June 15, part of a $1 billion reduction in the city’s police budget. —WSJ
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Cortopassi
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Re: The GOLD scream room

Post by Cortopassi » 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.
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dualstow
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Re: The GOLD scream room

Post by dualstow » Thu Nov 07, 2019 8:54 pm

Yes, it would absolutely be timing.
New York City disbanded its anticrime unit of plainclothes officers on June 15, part of a $1 billion reduction in the city’s police budget. —WSJ
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vnatale
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Re: The GOLD scream room

Post by vnatale » Fri Nov 08, 2019 9:02 am

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.
"That would be timing in a way. Blindly doing it in early January makes it mindless and emotionless"

I support you STAYING the course for the reasons you state! Reading what you wrote reaffirms it all for me.

Vinny
"I only regret that I have but one lap to give to my cats."
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sophie
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Re: The GOLD scream room

Post by sophie » Fri Nov 08, 2019 12:03 pm

Wow, I'm amazed at how little I care about this....

since I decided to only look at my portfolio every 3 months. When I saw this post I thought, hey maybe I should check...then I thought, nah, got better things to do.
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dualstow
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Re: The GOLD scream room

Post by dualstow » 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.
New York City disbanded its anticrime unit of plainclothes officers on June 15, part of a $1 billion reduction in the city’s police budget. —WSJ
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Re: The GOLD scream room

Post by Ad Orientem » Fri Dec 13, 2019 1:02 pm

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.

I think there is a slowly growing sense that the stock market is overpriced.
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mathjak107
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Re: The GOLD scream room

Post by mathjak107 » Fri Dec 13, 2019 1:21 pm

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.
buy on the rumor sell on the news
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Kriegsspiel
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Re: The GOLD scream room

Post by Kriegsspiel » Tue Feb 18, 2020 5:32 pm

Hey now, gold is over $1,600/oz.

Gotta love the Everything Bubble 8)
There's this very disturbing set of studies where about half the articles printed in Science and Nature magazines, the two leading publications, involved experiments that could not be repeated by anybody.
- Peter Thiel
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dualstow
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Re: The GOLD scream room

Post by dualstow » Tue Feb 18, 2020 6:11 pm

Indeed.
These are the good times.
— Willing, ‘The Mandibles’
New York City disbanded its anticrime unit of plainclothes officers on June 15, part of a $1 billion reduction in the city’s police budget. —WSJ
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