The GOLD scream room

[dualstow]

Even better

[pmbug]

... I get a little nervous at the idea of purchasing naked gold that could get shellacked at any moment.

What do you mean by "shellacked"? I get wanting silver protected from the elements as sulphur in the air or body oils can accelerate tarnish, but gold doesn't have that problem.

[Smith1776]

... I get a little nervous at the idea of purchasing naked gold that could get shellacked at any moment.

What do you mean by "shellacked"? I get wanting silver protected from the elements as sulphur in the air or body oils can accelerate tarnish, but gold doesn't have that problem.

Just dropping it and having it dented or something.

[pmbug]

Understood.

https://www.youtube.com/watch?v=dDy8TJwDEgc

[Smith1776]

The missus and I are travelling through Europe soon. I got a couple of these babies for emergency barter, just in case.

IMG_4161.jpeg (331.3 KiB) Viewed 14734 times

IMG_4162.jpeg (312.86 KiB) Viewed 14734 times

[Xan]

The missus and I are travelling through Europe soon. I got a couple of these babies for emergency barter, just in case.

Smithers, did you get married..?

[Smith1776]

The missus and I are travelling through Europe soon. I got a couple of these babies for emergency barter, just in case.

Smithers, did you get married..?

Engaged!

[Xan]

The missus and I are travelling through Europe soon. I got a couple of these babies for emergency barter, just in case.

Smithers, did you get married..?

Engaged!

Somehow I missed that! Congrats!

[Smith1776]

The missus and I are travelling through Europe soon. I got a couple of these babies for emergency barter, just in case.

Smithers, did you get married..?

Engaged!

Somehow I missed that! Congrats!

Thanks, my friend!

[dualstow]

Below 2000. what happened? Is that just the rising yield on the 10-year note?
Meanwhile bitcoin has been rising.

[snedgar]

Congratulations, Smithers!
I'm very happy for you.

[ArthurPooh]

Meanwhile bitcoin has been rising.

I think it's because of ETF approval - it did offer a somewhat-safe way to buy it and some publicity has been created. Bitcoin price also often goes up after some nice round number (like recent 50k) has been achieved, as people FOMO into it and various influencers spin outlandish predictions (million dollars by 2035 2030 2028!).

[dualstow]

You're probably right.

[dualstow]

2,200 per AJPM

[pmbug]

Broke above USD $2200 this morning. Waiting to see if it holds through the close...

[yankees60]

https://www.topgunfp.com/gold-hedges-ag ... inflation/

Gold Hedges Against More Than Just Inflation
GOLD | GEOPOLITICS
By
Greg Feirman
March 30, 2024
Reading Time: 4 minutes

[dualstow]

2250+

[Smith1776]

Gold rules, Knuckleheads drool.

[Hal]

Interesting comparison between asset classes in Australia.
VGS=Vanguard Global Shares
VBND=Vanguard Global Bond Index (Hedged)

[dualstow]

2410+ (9:30AM EST)

[yankees60]

https://money.com/gold-vs-stocks-better ... aily_money


Gold vs. Stocks: As Both Hit Record Highs, What's Performing Better for Investors?
By: Pete Grieve
Editor: Brad Tuttle
Published: Jul 15, 20243 min read

[dualstow]

less than a week later, nearly 2470 an oz, U.S., per ajpm dot com

2410+ (9:30AM EST)

[dualstow]

https://money.com/gold-vs-stocks-better ... aily_money
Gold vs. Stocks: As Both Hit Record Highs, What's Performing Better for Investors?
…

Doesn’t matter. Own both.
#permanentPortfolio

[seajay]

https://money.com/gold-vs-stocks-better ... aily_money
Gold vs. Stocks: As Both Hit Record Highs, What's Performing Better for Investors?
…

Doesn’t matter. Own both.
#permanentPortfolio

That question was the articles title, and as a lead-in the article does indicate

First off, the reality is you don’t have to choose: A diversified investing portfolio typically includes a mix of stocks and bonds, and some experts recommend including gold investments as a "safe haven" asset as well

[dualstow]

Big news right here