Dogs and cats sleeping together!

Discussion of the Gold portion of the Permanent Portfolio

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Libertarian666
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Dogs and cats sleeping together!

Post by Libertarian666 » Fri Feb 02, 2018 9:15 am

Apparently my superpower of buying at the worst possible time is failing!

I'm expecting a big slug of cash coming in from surrendering a Swiss annuity in a profit sharing plan and am planning to transfer it to a gold IRA.

With my usual timing, this would mean getting a bad exchange rate on the Swiss franc and paying high gold prices, but this time it isn't working.

The insurance company and/or their bank messed up the transfer instructions so the transfer didn't go through but has to be redone.

In the meantime, the Swiss franc is up almost 1.5% against the dollar and gold is down over 2% in dollars.

So assuming it goes through this time at roughly the current prices, I'll have 3.5% more gold than if it had been done properly in the first place.

What is the world coming to? :P
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Cortopassi
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Re: Dogs and cats sleeping together!

Post by Cortopassi » Fri Feb 02, 2018 11:42 am

Abandoned feral kitten I found (~3 weeks old, 0.9lbs) living large now at 4 months with a friend who took her in.

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