The GOLD scream room

Discussion of the Gold portion of the Permanent Portfolio

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Smith1776
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Re: The GOLD scream room

Post by Smith1776 » Fri Aug 07, 2020 12:42 pm

Hold on to yer gold, guys! ;D
Massive sunspot is turning towards Earth this can result in major solar flares that can effect electrical systems
These sunspots occur on the photosphere region of the sun and can be huge in size - up to 50,000 kilometres in diameter
https://www.firstpost.com/tech/science/ ... 1.html/amp
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Tortoise
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Re: The GOLD scream room

Post by Tortoise » Fri Aug 07, 2020 1:47 pm

I just bought a big chunk of gold (and stocks and LTTs) today when I rebalanced out of cash, so that’s why gold and everything else dropped today.

Sorry about that, guys.
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Mark Leavy
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Re: The GOLD scream room

Post by Mark Leavy » Fri Aug 07, 2020 2:32 pm

Has anyone else noticed that gold did not go up by $100/oz today?
What's up with that?

Tech, Smith? What have you been doing all day?
Slackers.

Mark
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew » Fri Aug 07, 2020 3:08 pm

I held down F5 but the USD value kept going down. Maybe I should switch to View > Refresh tomorrow and see if that helps.
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Hal
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Re: The GOLD scream room

Post by Hal » Fri Aug 07, 2020 4:54 pm

Smith1776 wrote:
Fri Aug 07, 2020 12:42 pm
Hold on to yer gold, guys! ;D
Massive sunspot is turning towards Earth this can result in major solar flares that can effect electrical systems
These sunspots occur on the photosphere region of the sun and can be huge in size - up to 50,000 kilometres in diameter
https://www.firstpost.com/tech/science/ ... 1.html/amp
Here's an interesting read 8)
https://www.researchgate.net/publicatio ... rm_of_1859
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
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Smith1776
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Re: The GOLD scream room

Post by Smith1776 » Fri Aug 07, 2020 5:07 pm

Hal wrote:
Fri Aug 07, 2020 4:54 pm
Here's an interesting read 8)
https://www.researchgate.net/publicatio ... rm_of_1859
How much do you want to bet that if we send this to Peter Schiff he'll talk about it on his next podcast about why people should buy gold? O0
“My natural state is an outsider, and no matter what group I'm in or where I am, I've always felt like I'm outside the group, and I've always been analyzing the group.” - Michael Burry
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technovelist
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Re: The GOLD scream room

Post by technovelist » Fri Aug 07, 2020 5:27 pm

Mark Leavy wrote:
Fri Aug 07, 2020 2:32 pm
Has anyone else noticed that gold did not go up by $100/oz today?
What's up with that?

Tech, Smith? What have you been doing all day?
Slackers.

Mark
Sorry boss, we'll try to do better tomorrow!
Another nod to the most beautiful equation: e + 1 = 0
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technovelist
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Re: The GOLD scream room

Post by technovelist » Fri Aug 07, 2020 5:29 pm

Hal wrote:
Fri Aug 07, 2020 4:54 pm
Smith1776 wrote:
Fri Aug 07, 2020 12:42 pm
Hold on to yer gold, guys! ;D
Massive sunspot is turning towards Earth this can result in major solar flares that can effect electrical systems
These sunspots occur on the photosphere region of the sun and can be huge in size - up to 50,000 kilometres in diameter
https://www.firstpost.com/tech/science/ ... 1.html/amp
Here's an interesting read 8)
https://www.researchgate.net/publicatio ... rm_of_1859
I suspect the effects would be a bit more important if that happened this year.
Which I guess we should expect, given the rest of the insanity.
Another nod to the most beautiful equation: e + 1 = 0
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Mark Leavy
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Re: The GOLD scream room

Post by Mark Leavy » Fri Aug 07, 2020 9:09 pm

technovelist wrote:
Fri Aug 07, 2020 5:27 pm
Sorry boss, we'll try to do better tomorrow!
That's what I wanted to hear.
You're in charge of the floor, Tech.
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vnatale
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Re: The GOLD scream room

Post by vnatale » Fri Aug 07, 2020 10:28 pm

Should you go short when the media says go long?

https://www.investmentnews.com/should-y ... ntnews.com
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dualstow
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Re: The GOLD scream room

Post by dualstow » Sun Aug 09, 2020 4:40 pm

He doesn’t get a lot of love here and maybe he’s just trying to drum up business, but I like the headline.

https://www.marketwatch.com/story/gold- ... 2020-08-06

Gold rising to $4,000 an ounce ‘would not be an unreasonable move,’ fund manager says

{ Cuggino of PRPFX }
RIP Ron Cobb (Daily Check-in Thread).
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Re: The GOLD scream room

Post by Ad Orientem » Mon Aug 10, 2020 12:52 pm

A few interesting pieces from Kitco...

Mohamed A. El-Erian: Gold is starting to take the place of big tech -
https://www.kitco.com/news/2020-08-09/G ... Erian.html

TD Securities prefers silver over gold-
https://www.kitco.com/news/2020-08-10/S ... ities.html

LBMA clears Perth Mint of serious wrongdoing in sourcing gold-
https://www.kitco.com/news/2020-08-10/L ... -gold.html
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