Recent GLD Decline into Perspective
Posted: Fri Apr 26, 2013 7:17 pm
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.
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.