The GOLD scream room
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- Cortopassi
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Re: The GOLD scream room
Silver is close to hitting the 140% band for me. Gold is not close. I will rebalance if silver hits. Not early.
- dualstow
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Re: The GOLD scream room
I definitely would harvest but I'm underweight in gold if I look at (pp+pv), and I'm down to physical only.
You could say I don't have a proper pp anymore. I'm keeping all my coins unless the value gets outrageous.
But again, if I were still holding IAU or PHYS, I'm sure I'd be hitting those rebalancing bands.
- Cortopassi
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Re: The GOLD scream room
Are you sure? Everything has been going up, so I am way far away from any rebalance bands for bonds, stocks and gold, except for silver.
Here's my allocations vs. limits
- dualstow
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Re: The GOLD scream room
That’s a good point, Corto. I was looking at gold in a vacuum. I’m not sure after all.
Downgrade it to “I’d be tempted to trim.” Which I guess is what I already did very recently when I unloaded all my paper gold. I wanted to get rid of it.
Downgrade it to “I’d be tempted to trim.” Which I guess is what I already did very recently when I unloaded all my paper gold. I wanted to get rid of it.
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Re: The GOLD scream room
My dear wife, who pays little to no attention to anything investment related, looked up from her phone last night and asked "What's going on with gold?"
Might be an indication of... something. Y'all have been warned!
Might be an indication of... something. Y'all have been warned!
- Mark Leavy
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Re: The GOLD scream room
Much like tech stocks, I'm a bit overweight on gold right now.
This may be a mistake, but I have a hard time selling gold during a period of rising uncertainty. Gold seems like the one solid anchor of sanity in a crazy world right now. I'm going to let it ride.
Re: The GOLD scream room
Gold is still cheaper than both stocks and bonds relatively speaking. I don't sell my stocks or bonds the day they hit a new all-time high. I'm certainly not going to do that on gold, especially when I believe gold will be the winner out of the 3 in the 2020's. Has the popular media and robinhood traders jumped on the gold bandwagon in the last week and a half? Absolutely. But it takes more than a week and a half to form a blowoff top. Also, blowoff tops don't finish at the first all-time high in 9 years. That long of a consolidation tends to lead to much, much higher prices before a major peak. At some point gold will correct. I wouldn't be surprised to see it take a pause and consolidate and/or pullback around here before the next leg higher. But I would also be willing to bet that a year from now gold will be higher than it is today. I would also be willing to bet that a few years from now I would be willing to give my left arm to buy gold at today's prices. It's obviously not going to just go up in a straight line to that point. There will be drama, bumps, and bruises along the way. But the bottom line is gold is going higher. I don't think now is the time to sell gold before actually hitting a rebalancing band.
- mathjak107
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Re: The GOLD scream room
while all that counts is how you were effected and how much money was acted on over that time frame :
gold is now beating a total market fund and the s&p 500 with dividends over the:
ytd , 1 year , 3 year , 5 year , 15 year and 20 year periods .
equities is now only a head the 10 year ...
gold is now beating a total market fund and the s&p 500 with dividends over the:
ytd , 1 year , 3 year , 5 year , 15 year and 20 year periods .
equities is now only a head the 10 year ...
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Re: The GOLD scream room
<bogle>Yes, but you still can't eat it!</bogle>mathjak107 wrote: ↑Wed Jul 29, 2020 5:20 am while all that counts is how you were effected and how much money was acted on over that time frame :
gold is now beating a total market fund and the s&p 500 with dividends over the:
ytd , 1 year , 3 year , 5 year , 15 year and 20 year periods .
equities is now only a head the 10 year ...
- mathjak107
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Re: The GOLD scream room
you can't eat a stock certificate , a mutual fund statemnt or spend your living room at the supermarket eitherLibertarian666 wrote: ↑Wed Jul 29, 2020 6:40 am<bogle>Yes, but you still can't eat it!</bogle>mathjak107 wrote: ↑Wed Jul 29, 2020 5:20 am while all that counts is how you were effected and how much money was acted on over that time frame :
gold is now beating a total market fund and the s&p 500 with dividends over the:
ytd , 1 year , 3 year , 5 year , 15 year and 20 year periods .
equities is now only a head the 10 year ...
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Re: The GOLD scream room
Apparently they have never realized that.mathjak107 wrote: ↑Wed Jul 29, 2020 7:14 amyou can't eat a stock certificate , a mutual fund statemnt or spend your living room at the supermarket eitherLibertarian666 wrote: ↑Wed Jul 29, 2020 6:40 am<bogle>Yes, but you still can't eat it!</bogle>mathjak107 wrote: ↑Wed Jul 29, 2020 5:20 am while all that counts is how you were effected and how much money was acted on over that time frame :
gold is now beating a total market fund and the s&p 500 with dividends over the:
ytd , 1 year , 3 year , 5 year , 15 year and 20 year periods .
equities is now only a head the 10 year ...
- Ad Orientem
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Re: The GOLD scream room
Looks like PMs are taking a breather after their big run up.
- dualstow
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Re: The GOLD scream room
along with equities.Ad Orientem wrote: ↑Wed Jul 29, 2020 10:53 pm Looks like PMs are taking a breather after their big run up.
Re: The GOLD scream room
Tomorrow is the last trading day of the month! Let's see what gold can do!
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
Re: The GOLD scream room
Well Tortoise, you must have posted the gif and got yesterday's good gold thread locked! It was great. There were a bunch of posts that presented well spoken, logical, factual reasons for including gold in a portfolio. More than I think I've ever seen on that forum. BUT, it got a little too logical and they locked the thread. Thank goodness there was time to mention guns, ammo, canned beans, and the apocalypse before it got closed.
Re: The GOLD scream room
I think the locked thread is a different one. The one where I posted the GIF is still open:
https://www.bogleheads.org/forum/viewtopic.php?t=301699
https://www.bogleheads.org/forum/viewtopic.php?t=301699
Re: The GOLD scream room
So it looks like we didn't quite close at $2,000, guys. But we came very close!
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
Re: The GOLD scream room
ME EXPLAINING TO MY FRIENDS WHY THEY NEED TO BUY GOLD.
See? I can poke fun at myself.
See? I can poke fun at myself.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
- Kriegsspiel
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Re: The GOLD scream room
I'm more of a
guy, but I like yours too.
guy, but I like yours too.
You there, Ephialtes. May you live forever.
Re: The GOLD scream room
You guys are awesome!! Don't know if I've mentioned that.
Re: The GOLD scream room
LOL the flintlock pistol and his grin just makes it.
In my picture I imagine that's me right in the middle of me blabbering "AND THEN IN 1971 NIXON TOOK US OFF THE GOLD STANDARD. WE'RE BEING ROBBED OF OUR WEALTH DON'T YOU SEE????"
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
Re: The GOLD scream room
I would like to see a picture of how your audience reacted
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Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO