The GOLD scream room

[dualstow]

4000

[dualstow]

I am really happy for technovelist this week, God bless him

[ochotona]

I had to buy a bunch of miners for Dad’s stock newsletter that he likes. They’ve been going gangbusters along with the rest of the market.

What is this "had to"? Did someone hold a gun to your head?

Look at the weekly RSI of the ratio GDXJ:$GOLD on stockcharts.com that is really a risky point to be buying juniors, or any miners.

I'm going to wait until that RSI blows out to the downside, then I'll rebuy miners. Not before.

[dualstow]

I had to buy a bunch of miners for Dad’s stock newsletter that he likes. They’ve been going gangbusters along with the rest of the market.

What is this "had to"? Did someone hold a gun to your head?

You’re of Chinese extraction. Are you not familiar with the concept of filial piety?
He wants to use his favorite stock newsletter but no longer wants to bother with all the clerical duties involved, so I do it for him. As a compromise, though, he has let me buy some index funds for him recently.
(Decades ago, when I was too young to manage my own money, he had me and my siblings in an early S&P fund).

[dualstow]

Did I say 4000? It’s 4050 as of 3:00PM EST

[Dieter]

So surreal Golds recent returns

[perfect_simulation]

Thank you Harry Browne. I never would have bought 25% gold by my own thoughts. And certainly not if I listened to mainstream investing advice.

[I Shrugged]

[I Shrugged]

Another tinfoil hat gold thread on BH.

[Smith1776]

It's so funny to see so many people on that forum still try to "explain away" gold's role in a portfolio. Unbelievable levels of willful blindness.

[I Shrugged]

It's so funny to see so many people on that forum still try to "explain away" gold's role in a portfolio. Unbelievable levels of willful blindness.

It's religious opposition. When they start talking about tinfoil hats, whiskey and bullets, etc., you know they cannot be reached.

[Dieter]

I almost want to go check out the new Boglehead thread

Almost

But doubt I'd learn anything new

yeah, I would have had higher returns in the SP500 vs my gold investments

But, I like the non correlation

and we'll see how the next few years play out