Gyroscopic Investing

Wonder if you'll ever be able to say that about the stock market ever again...

Cortopassi wrote:Wonder if you'll ever be able to say that about the stock market ever again...

Sure, in November.

I put in a limit order at $1200. I guess that means in a week it'll be at $1300.

Oh, you'll get it. Feels like we are starting that July swoon in the PP again here.

If investors hate it so much, I want it.
Bought 1% worth today.

Nice, Budd!

If there is going to be a beat-down it is a lot cheaper to do it when there is no trading to speak of, like on a semi-holiday like today.

I doubt this will last, so good on Buddtholomew for buying some down here.

Of course no one should listen to my predictions...

Great move Budd!

Well at least I'm in good company.

Bought up some IAU just now at $11.61508... this rout feels brutal! Grrrrr!!!

I wonder how low it will go!?!

Do you guys actively trade on gold? Maybe as part of your variable portfolio?

europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?

Yes, in my VP.

Try this site for some ideas.
https://www.youtube.com/user/belangp/videos

Suggestions from others welcome!

I cancelled my limit orders at 1200. Maybe we go lower. Let's see.

I could never trade this stuff. I'd have an ulcer. I'm just trying to buy and keep a 10% allocation.

I am way past trying to trade anything.

I will follow either the bands to rebalance or once a year.

Hal wrote:

europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?

Try this site for some ideas.
https://www.youtube.com/user/belangp/videos

Thanks, looks interesting!

europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?

I've got the buying part down. Now if it would just go high enough for me to do some selling!

dualstow wrote:

europeanwizard wrote:Do you guys actively trade on gold? Maybe as part of your variable portfolio?

I've got the buying part down. Now if it would just go high enough for me to do some selling!

Some people are never satisfied!

This might be the biggest jump in the price of gold I've seen in one day since I started the PP. (+1.67%)

Now my overall gold holdings are only down 7.39% since the time of purchase (starting in 2011 - a very bad year with another to follow).

farjean2 wrote:This might be the biggest jump in the price of gold I've seen in one day since I started the PP. (+1.67%)
...

Thanks, NK Kim dynasty.

Gold may move back down with stocks moving back up, but the pp really does provide a smooth ride for the most part. As advertised.

If it truly is because of North Korea, we can expect it to drop back shortly.

However, gold is starting to feel a bit different lately. A little stronger. I need to see it hold 1300 for a few weeks before I get excited.

But it certainly has helped smooth the pp out for sure. New 2017 high for me today.

Cortopassi wrote:If it truly is because of North Korea, we can expect it to drop back shortly.

However, gold is starting to feel a bit different lately. A little stronger. I need to see it hold 1300 for a few weeks before I get excited.

But it certainly has helped smooth the pp out for sure. New 2017 high for me today.

We shall see, but essentially it has gone exactly nowhere since Feb 2016 bouncing mainly between 1200 and 1300.

Ahhh...one of those days to kick back and watch bonds and gold overcome the stock market downturn....at least for now...

Cortopassi wrote:Ahhh...one of those days to kick back and watch bonds and gold overcome the stock market downturn....at least for now...

Last month, I thought I had plenty of time to set up a new checking account from which to buy gold. Oops. No complaints here, though.

Gold hanging in there, treasuries are a bust with equities declining.