European investor settling on golden butterfly

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gewichtheffer
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European investor settling on golden butterfly

Post by gewichtheffer »

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Last edited by gewichtheffer on Sun Aug 20, 2023 12:48 pm, edited 1 time in total.
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vnatale
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Re: European investor settling on golden butterfly

Post by vnatale »

gewichtheffer wrote: Mon Jul 31, 2023 8:14 am


Congratulations on an impressive first post in the forum!

As to your questions I hope that you can get some good answers from others here.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
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dualstow
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Re: European investor settling on golden butterfly

Post by dualstow »

Hi gewichtheffer —— is that weightlifter?

Just out of curiosity, what kind of physical gold? 1oz Philharmonics? Bars?
Gold tumbles as interest rates look to be staying high for now (APR30)
gewichtheffer
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Re: European investor settling on golden butterfly

Post by gewichtheffer »

dualstow wrote: Mon Jul 31, 2023 9:50 am Hi gewichtheffer —— is that weightlifter?

Just out of curiosity, what kind of physical gold? 1oz Philharmonics? Bars?
Hi, yes gewichtheffer=weightlifter.

I have 100 gram bars.
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dualstow
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Re: European investor settling on golden butterfly

Post by dualstow »

Oh come on, I know you can lift more than that!
O0
Gold tumbles as interest rates look to be staying high for now (APR30)
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Smith1776
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Re: European investor settling on golden butterfly

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Welcome to the forum!
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vnatale
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Re: European investor settling on golden butterfly

Post by vnatale »

Smith1776 wrote: Mon Jul 31, 2023 12:36 pm
Welcome to the forum!


Yes.

Now we just need someone to answer his good questions! I would if I could.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
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Smith1776
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Re: European investor settling on golden butterfly

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vnatale wrote: Mon Jul 31, 2023 3:18 pm
Smith1776 wrote: Mon Jul 31, 2023 12:36 pm Welcome to the forum!
Yes.

Now we just need someone to answer his good questions! I would if I could.
Might I suggest he use a strategy that is a little more.. erm.. All-Terrain?? ;D
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Re: European investor settling on golden butterfly

Post by vnatale »

Smith1776 wrote: Mon Jul 31, 2023 3:54 pm
vnatale wrote: Mon Jul 31, 2023 3:18 pm
Smith1776 wrote: Mon Jul 31, 2023 12:36 pm
Welcome to the forum!


Yes.

Now we just need someone to answer his good questions! I would if I could.


Might I suggest he use a strategy that is a little more.. erm.. All-Terrain?? ;D


If only he could BUY a book on it!
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
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seajay
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Re: European investor settling on golden butterfly

Post by seajay »

gewichtheffer wrote: Mon Jul 31, 2023 8:14 am
  • I'm also somewhat worried about the ishares and SPDR etfs in the sense that they include the UK and Switzerland which don't use the Euro. This is counter the principles outlined in the permanent portfolio book I believe?
There are EU countries that also haven't adopted the Euro.

The Eurozone/Euro monetary policies are primarily set to best serve Germany, which often will conflict with what might be better within other individual member countries, inducing debt in those nations and deeper dependency/tie-in. Haven't a clue how aligned Belgium might be to Germany, nor how well a PP might work/balance in comparison to a PP in a sovereign country such as the US, UK, Japan. For instance tight Euro monetary policies when Germany is doing well may be far too tight for weaker economies in other member states. France, the other major EU influencer, is inclined more toward socialist policies/practices which tends to not be good for stock markets/capitalism. The introduction of KIDD documentation requirements for instance (which are nigh on useless) pretty much put a end to direct access for EU citizens to lower cost American mutual funds/ETF's. All seems somewhat like a American opting for a PP asset allocation comprised of US stocks, gold, British short term treasury's, Australian long term Treasury's ... or whatever, and expecting it to work as intended. Might do, but probably not.
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