Recent GLD Decline into Perspective

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buddtholomew
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Recent GLD Decline into Perspective

Post by buddtholomew »

What can we deduce about the overall performance of the PP during the recent gold decline? My personal statistics are as follows:

GLD closing 4-11: 151.05 (high) SPY 28%, GLD 22%, TLT 24%
GLD closing 4-15: 131.31 (low)  SPY 28%, GLD 20%, TLT 26%
GLD closing 4-26: 141.63 (current) SPY 28%, GLD 21%, TLT 25%

PP total on 4-15 declined approximately 2% from 4-11 high with GLD falling 13%, and recovered to down 1% today after GLD climbed approximately 6% since the 4-15 low.

Pleased with the performance of the portfolio to absorb the shock of a 13% drawdown in one of the assets.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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Ad Orientem
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Re: Recent GLD Decline into Perspective

Post by Ad Orientem »

buddtholomew wrote:
Pleased with the performance of the portfolio to absorb the shock of a 13% drawdown in one of the assets.
Rem acu tetigisti.
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blackomen
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Re: Recent GLD Decline into Perspective

Post by blackomen »

I started a PP for my fiance the day before the large gold drop and it's back to positive as of the last trading day..  talk about resilience!
portart
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Re: Recent GLD Decline into Perspective

Post by portart »

PPRFX hasn't recovered to 49.00 a share yet, 50.00 hasn't been seen for awhile.
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MediumTex
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Re: Recent GLD Decline into Perspective

Post by MediumTex »

portart wrote: PPRFX hasn't recovered to 49.00 a share yet, 50.00 hasn't been seen for awhile.
PRPFX is starting to remind me of a PP stagecoach.
Q: “Do you have funny shaped balloons?”
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