Gold, What is it Good For?
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Re: Gold, What is it Good For?
With all the reflexive gold hate out there, it's always refreshing to see a balanced article like this one. And coming from someone in the Ritholtz loop will get a lot of attention. It's a good day for gold education.
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Re: Gold, What is it Good For?
Absolutely nothing.
Dollar up or down, gold is down or flat like a pancake.
What a waste of time and energy.
Dollar up or down, gold is down or flat like a pancake.
What a waste of time and energy.
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Re: Gold, What is it Good For?
Hi, just join the forum.
In my country, gold are still best investment since the Government maintain a good quality of Gold. Beside, Gold are used for wear-able accessories by women in here.
In my country, gold are still best investment since the Government maintain a good quality of Gold. Beside, Gold are used for wear-able accessories by women in here.
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Re: Gold, What is it Good For?
I'll take a guess...Bulgaria?sandesPalev wrote: ↑Wed Sep 26, 2018 4:05 am Hi, just join the forum.
In my country, gold are still best investment since the Government maintain a good quality of Gold. Beside, Gold are used for wear-able accessories by women in here.
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Re: Gold, What is it Good For?
Noted fine sir.
It’s a rarety so we should not forget.
Last edited by buddtholomew on Tue Oct 02, 2018 7:16 pm, edited 1 time in total.
Re: Gold, What is it Good For?
Guessing India.dualstow wrote: ↑Tue Oct 02, 2018 1:46 pmI'll take a guess...Bulgaria?sandesPalev wrote: ↑Wed Sep 26, 2018 4:05 am Hi, just join the forum.
In my country, gold are still best investment since the Government maintain a good quality of Gold. Beside, Gold are used for wear-able accessories by women in here.
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Re: Gold, What is it Good For?
The description certainly sounds like India. I’m just guessing based on the name.
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Re: Gold, What is it Good For?
Well that lasted about 1 day.
Take a look at BH Madsinger’s monthly post and you will see the the PP is DEAD LAST of all portfolios tracked over a healthy time frame. It’s just not good.
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Re: Gold, What is it Good For?
Lags to the point where it makes no sense to ever hold.MangoMan wrote: ↑Wed Oct 03, 2018 12:35 pmI don't doubt it; the PP always lags in a bull market.buddtholomew wrote: ↑Wed Oct 03, 2018 10:07 amWell that lasted about 1 day.
Take a look at BH Madsinger’s monthly post and you will see the the PP is DEAD LAST of all portfolios tracked over a healthy time frame. It’s just not good.
The PP to me now is like every other investing approach that underperforms a traditional 60/40 allocation.
Protecting yourself from losses incurs the greatest losses of all...lost opportunity.
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Re: Gold, What is it Good For?
Gold, what is it good for?
Say it again?
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Re: Gold, What is it Good For?
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Re: Gold, What is it Good For?
I’m fine with gold, Budd, and your comments. I was just making a joke about the song.
https://m.youtube.com/watch?v=-dKAX7Jp8wo
https://m.youtube.com/watch?v=-dKAX7Jp8wo
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Re: Gold, What is it Good For?
Yeah, I got it later after rereading.dualstow wrote: ↑Wed Oct 03, 2018 4:43 pm I’m fine with gold, Budd, and your comments. I was just making a joke about the song.
https://m.youtube.com/watch?v=-dKAX7Jp8wo
Good song.
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Re: Gold, What is it Good For?
That shows a great lack of imagination.MangoMan wrote: ↑Fri Sep 07, 2018 9:39 am Probably, no one here doesn't already know this, but
Gold, What is it Good For?If you had a time machine to go back to 1970 and were able to see the future, you would absolutely add gold to a sixty forty portfolio of stocks and bonds. ... The 60/40 and the 40/40/20 end up with roughly the same terminal value, but the portfolio that includes gold had significantly lower drawdowns
If I had a time machine, I could do a lot better than that.
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Re: Gold, What is it Good For?
I think if a person decided to hold X ounces of gold and not include it in investment portfolio gains & losses, they might be less worked up about it. Outside of the PP world, I think that's how most gold owners look at it. They might be speculators, but I bet most of them see it as standing alone.
Re: Gold, What is it Good For?
It's clear that many central banks hold a lot of gold. I'm not quite clear on what that means for a personal investor. Should I look at it that if the central banks hold it, then it should be good for me too? Or that the two cases are completely different? And why? For the record, I like gold and hold gold.
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Re: Gold, What is it Good For?
Do you need to move billions between countries?
Re: Gold, What is it Good For?
Just interjecting here that stuper1 was replying to a spammer whose posts all got deleted. So he didn't bring up central banking and their ownership of gold out of whole cloth: the spam post contained what appeared to be quite an on-topic question about that.
This was really quite a sophisticated spambot: it registered and posted in a number of threads, in a way that was not-quite-suspicious enough to warrant a ban. (That's quite an achievement, really.) The thing that really made me think it wasn't a spammer was that there was no attempt to point people to a URL. That's usually a giveaway.
Well, this one made all those posts and then latter added a sig to its account, containing a spammy URL. Said URL then showed up at the bottom of all its earlier posts. Very clever indeed.
This was really quite a sophisticated spambot: it registered and posted in a number of threads, in a way that was not-quite-suspicious enough to warrant a ban. (That's quite an achievement, really.) The thing that really made me think it wasn't a spammer was that there was no attempt to point people to a URL. That's usually a giveaway.
Well, this one made all those posts and then latter added a sig to its account, containing a spammy URL. Said URL then showed up at the bottom of all its earlier posts. Very clever indeed.
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Re: Gold, What is it Good For?
I didn’t even know URLs were allowed in sigs. Craig used to ban them and I suppose I never checked after he moved on.
Re: Gold, What is it Good For?
that’s not the first of those we have seen.. backward url posting, and human to beat captcha then handed over to bots spammers are the toughest to spot..Xan wrote: ↑Sat Nov 17, 2018 10:36 pm Just interjecting here that stuper1 was replying to a spammer whose posts all got deleted. So he didn't bring up central banking and their ownership of gold out of whole cloth: the spam post contained what appeared to be quite an on-topic question about that.
This was really quite a sophisticated spambot: it registered and posted in a number of threads, in a way that was not-quite-suspicious enough to warrant a ban. (That's quite an achievement, really.) The thing that really made me think it wasn't a spammer was that there was no attempt to point people to a URL. That's usually a giveaway.
Well, this one made all those posts and then latter added a sig to its account, containing a spammy URL. Said URL then showed up at the bottom of all its earlier posts. Very clever indeed.
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-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
Re: Gold, What is it Good For?
So what exactly is a spambot?
Is it a person or a machine or something in between?
Is it a person or a machine or something in between?
Re: Gold, What is it Good For?
mostly its a program set up to sign up for forums and post advertisements/links, because of the preventative measures to keep them out, the sign up and first few posts are sometimes preformed by a human who then turns the account over to a program (aka spam bot)
-Government 2020+ - a BANANA REPUBLIC - if you can keep it
-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
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Re: Gold, What is it Good For?
The question asked a few posts back is a good one. If Central Banks hold almost 20% of the world’s gold and if some of them (like Russia) are stocking up on it, does that tell me as an individual investor that it needs to be a part of my portfolio? Or are their curcumstances different?
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Re: Gold, What is it Good For?
They settle billion dollar accounts between countries. Gold is a practical tool for that.
Re: Gold, What is it Good For?
Not sure if the two things are really connected. I like gold for the reasons Anthony Deden likes it. It's independent of the financial system, and it's a physical asset that has had a long history as money. It's also a piece of cake to pass along to my wife or daughter should I not use it up. That characteristic tends to be underestimated, I think. If I kick, my wife has some physical gold in a safe deposit box that can tide her over until my affairs (Fido & TDA accounts) are sorted out.Jeffreyalan wrote: ↑Sun Nov 18, 2018 6:42 pm The question asked a few posts back is a good one. If Central Banks hold almost 20% of the world’s gold and if some of them (like Russia) are stocking up on it, does that tell me as an individual investor that it needs to be a part of my portfolio? Or are their curcumstances different?
I also like that gold is money anywhere in the world. I may never take advantage of that feature but it's not unthinkable.
Russia might be motivated to hold gold because they don't want to have to settle their bills in US Dollars. I don't have that concern.
Just a few thoughts...