Today I am glad I own bonds

Discussion of the Bond portion of the Permanent Portfolio

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BearBones
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Re: Today I am glad I own bonds

Post by BearBones »

MachineGhost wrote: The 17% drop in gold hasn't even fazed me and not because I have other assets gaining against it (I don't as I'm not fully invested), but thinking about it, it is because it is real.
Ditto for my Florida condo's. When the real estate market tanks, at least I can go down there and run the things through my greedy little hands. Meanwhile, everyone else is gaining from factitious, thin-air assets that are dependent solely on fickle market sentiment.  ;)
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