PP without cash

[jason]

I think I've seen the PP without cash called the "juiced Permanent Portfolio." 1/3rd stock market, 1/3 gold, 1/3 LTTs. Historically is appears to have outperformed the PP by 1%+ CAGR. And the volatility and drawdowns aren't too bad. Have others here considered this? Is there already a discussion thread on this?

[Hal]

If I were going cashless, personally this would be my approach.
1. 50/50 Stock/Bonds as per Ben Graham
2. Add Gold for minimum volatility as per BelangP

Already had the allocations memorised for the Pacific Peso (AUD)
Edit: Results for USA 24% Gold, 38% TSM, 38% LTT

[jason]

If I were going cashless, personally this would be my approach.
1. 50/50 Stock/Bonds as per Ben Graham
2. Add Gold for minimum volatility as per BelangP

Already had the allocations memorised for the Pacific Peso (AUD)
Edit: Results for USA 24% Gold, 38% TSM, 38% LTT

Thanks. How did you come up with 24/38/38? The idea of being heavy stock market and heavy LTT right now is pretty scary. More scary that at any time it would have been in the past. We are experiencing a severe situation with inflation with the Fed promising to jack up rates. Seems like that's very high risk for bonds, and also for stocks. Gold seems safest. Obviously, if I liked market timing strategy, I wouldn't be doing the PP. But going extra heavy on stocks and LTTs feels scary.