Gold Volatility At Yearly Lows

Discussion of the Gold portion of the Permanent Portfolio

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buddtholomew
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Re: Gold Volatility At Yearly Lows

Post by buddtholomew »

Gold is primarily what separates a PP investor from the mainstream 60/40 equity/fixed income allocation. When gold rises in response to an unexpected increase in inflation, geopolitical tensions or a drop in the USD, I feel vindicated for owning the metal - but, it is still my least favorite asset to own.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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Pointedstick
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Re: Gold Volatility At Yearly Lows

Post by Pointedstick »

We've all got an asset that's our least favorite for emotional reasons. Anyone who'll tell you otherwise is probably not being honest with himself! :)
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
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barrett
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Re: Gold Volatility At Yearly Lows

Post by barrett »

Maybe I'm the world's shallowest human but I like any asset that's going up.
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