The GOLD scream room
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- Kriegsspiel
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Re: The GOLD scream room
It gives my eyes a very attractive glint that all the ladies love.
You there, Ephialtes. May you live forever.
- buddtholomew
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Re: The GOLD scream room
Same as it ever was...puke
Here’s my new saying - stocks giveth and the PP taketh
Here’s my new saying - stocks giveth and the PP taketh
Re: The GOLD scream room
We just need Budd to finally capitulate and sell all his gold for stocks... because I'm calling it right now, that when that inevitable day finally comes stocks will immediately start their next cyclical bear market and gold will start it's next cyclical bull marketbuddtholomew wrote: ↑Thu Apr 11, 2019 10:49 am Same as it ever was...puke
Here’s my new saying - stocks giveth and the PP taketh
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Re: The GOLD scream room
Can you eat stock certificates?Kriegsspiel wrote: ↑Thu Apr 11, 2019 9:59 am Think gold is useless because you can't eat it? I'm long Goldschläger.
COME AT ME NOW BOGLEHEADS
Especially when you can't even get most of them in physical form anymore...
- Cortopassi
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Re: The GOLD scream room
Well that was short lived above $1300.
Re: The GOLD scream room
Support is technically 1280-1285. It's bounced off that range 3x since January. I wouldn't even start to worry until if/when we break below that level.
- Kriegsspiel
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Re: The GOLD scream room
Good lord budd, even with alcohol you can't st... wait, MangoMan?? You too? Such a bunch of goldhäters in here.MangoMan wrote: ↑Thu Apr 11, 2019 1:29 pmYou can get that same glint from vodka. It's cheaper and tastes better, too.Kriegsspiel wrote: ↑Thu Apr 11, 2019 10:21 am It gives my eyes a very attractive glint that all the ladies love.
You there, Ephialtes. May you live forever.
- dualstow
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Re: The GOLD scream room
The closest I've come is spices embedded in a McCormick annual report. I read about it and requested a paper copy, but I can't remember if they ever sent it to me. I think they did.Libertarian666 wrote: ↑Thu Apr 11, 2019 1:18 pmCan you eat stock certificates?Kriegsspiel wrote: ↑Thu Apr 11, 2019 9:59 am Think gold is useless because you can't eat it? I'm long Goldschläger.
COME AT ME NOW BOGLEHEADS
Especially when you can't even get most of them in physical form anymore...
In my link upthread, KShartle said something about having a recipe for Berkshire stock and white wine with mussels.
Re: The GOLD scream room
Silver got binch slapped
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Re: The GOLD scream room
It's so expensive to buy physical. Why bother? SLV or SIVR. I'm a buyer if the gold:silver ratio distorts more, like in the next recession silver may get dragged down because of its industrial uses. If gold is 100x more expensive, I'm a buyer of silver.
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Re: The GOLD scream room
What does that ratio mean? Can you substitute gold for silver or vice versa?ochotona wrote: ↑Thu Apr 11, 2019 7:34 pmIt's so expensive to buy physical. Why bother? SLV or SIVR. I'm a buyer if the gold:silver ratio distorts more, like in the next recession silver may get dragged down because of its industrial uses. If gold is 100x more expensive, I'm a buyer of silver.
Of course you can calculate such a ratio, but I don't see any fundamental reason why there would be any "correct" ratio, or why a particular ratio would make buying gold or silver a good idea.
By the way, Harry Browne didn't think it was meaningful.
Re: The GOLD scream room
Over a timescale of years, the ratio is range bound between 100 and 50-ish. If you buy the cheaper metal at either extreme, you may be able to make a trade, if you are patient. Definitely if we get to 95-100 it's time to really consider this. Same idea for gold vs platinum now.
- buddtholomew
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Re: The GOLD scream room
You know the rest...junk!
No matter what anyone tells you avoid Au like the plague.
PP not much better at all.
Thank god I reduced my allocation to the assets that go no where but down.
Where’s ugly_bird? Seems he deleted his post.
For his benefit, stocks are + ~20% YTD and precious gold is negative, that’s right negative.
No matter what anyone tells you avoid Au like the plague.
PP not much better at all.
Thank god I reduced my allocation to the assets that go no where but down.
Where’s ugly_bird? Seems he deleted his post.
For his benefit, stocks are + ~20% YTD and precious gold is negative, that’s right negative.
Re: The GOLD scream room
Also Gold is overpriced! Selling above production cost! Not much of a store of value.buddtholomew wrote: ↑Tue Apr 16, 2019 1:22 pm You know the rest...junk!
No matter what anyone tells you avoid Au like the plague.
PP not much better at all.
Thank god I reduced my allocation to the assets that go no where but down.
Where’s ugly_bird? Seems he deleted his post.
For his benefit, stocks are + ~20% YTD and precious gold is negative, that’s right negative.
- Cortopassi
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Re: The GOLD scream room
And you can't eat it!
Ahh, the 20% drop in stocks is so quickly forgotten. Let's cherry pick some dates:
Ahh, the 20% drop in stocks is so quickly forgotten. Let's cherry pick some dates:
Re: The GOLD scream room
I had a beer and it helped me be clear about all the countries that are just hoping to catch a bid and get some worthless DOLLARS. It is a long list. Gold has a lot of sellers lined up for all my lifetime. A fan of the PP but!modeljc wrote: ↑Tue Apr 16, 2019 2:05 pmAlso Gold is overpriced! Selling above production cost! Not much of a store of value.buddtholomew wrote: ↑Tue Apr 16, 2019 1:22 pm You know the rest...junk!
No matter what anyone tells you avoid Au like the plague.
PP not much better at all.
Thank god I reduced my allocation to the assets that go no where but down.
Where’s ugly_bird? Seems he deleted his post.
For his benefit, stocks are + ~20% YTD and precious gold is negative, that’s right negative.
Re: The GOLD scream room
I'm here and I didn't delete any posts of mine. Not my style.
As of stocks, gold etc... Honestly, I do not care. I'm a chemist, money is too boring for me. Since I chose PP I sleep well. Just repeat, I do not care. Actually I do care, I want Au or/and LTT go even further down to trigger my rebalance thresholds.
- buddtholomew
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Re: The GOLD scream room
Well I'm sure you will get your wish soon ALA re-balance into Au and LTT's.Ugly_Bird wrote: ↑Tue Apr 16, 2019 4:38 pmI'm here and I didn't delete any posts of mine. Not my style.
As of stocks, gold etc... Honestly, I do not care. I'm a chemist, money is too boring for me. Since I chose PP I sleep well. Just repeat, I do not care. Actually I do care, I want Au or/and LTT go even further down to trigger my rebalance thresholds.
If you don't care then why not have a higher allocation to stocks?
Re: The GOLD scream room
Because I do not care.buddtholomew wrote: ↑Tue Apr 16, 2019 5:46 pm If you don't care then why not have a higher allocation to stocks?
- buddtholomew
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Re: The GOLD scream room
Now I’m debating with my 9 year old.Ugly_Bird wrote: ↑Tue Apr 16, 2019 5:51 pmBecause I do not care.buddtholomew wrote: ↑Tue Apr 16, 2019 5:46 pm If you don't care then why not have a higher allocation to stocks?
Ok, you don’t care...good for you.
Go play outside now.
- buddtholomew
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Re: The GOLD scream room
Here’s the thing Corto, I took advantage of the stock decline by purchasing stocks and not sitting in Gold and LTT’s hoping and praying that they will catch a bid. Sure stocks go down and up and down and up but so does Gold. Only difference I see is Stocks helping me achieve my goals whereas the other assets “were” setting me back further and further. 25% in Gold and LTT’s is just plain wrong. Period.Cortopassi wrote: ↑Tue Apr 16, 2019 4:02 pm And you can't eat it!
Ahh, the 20% drop in stocks is so quickly forgotten. Let's cherry pick some dates:
Re: The GOLD scream room
Yep, that's what I do. Third day of Windsurfing in Caribbeans.
Re: The GOLD scream room
I'm not really sure what the point is in coming here to post and trash the PP every single day that gold is down. It's funny how quiet it is around here on the days gold is up in comparison.
I also don't understand why you don't just sell if you really hate the assets that much. Just be done with it already. It's not worth the stress and trouble of holding onto something that obviously provokes this much anger and resentment.
I also don't understand why you don't just sell if you really hate the assets that much. Just be done with it already. It's not worth the stress and trouble of holding onto something that obviously provokes this much anger and resentment.
Last edited by pmward on Tue Apr 16, 2019 8:38 pm, edited 1 time in total.