Gold's Time To Shine?

Discussion of the Gold portion of the Permanent Portfolio

Moderator: Global Moderator

User avatar
pugchief
Executive Member
Executive Member
Posts: 3170
Joined: Tue Jun 26, 2012 2:41 pm
Location: suburbs of Chicago, IL

Re: Gold's Time To Shine?

Post by pugchief » Sat Dec 28, 2019 12:56 pm

Smith1776 wrote:
Sat Dec 28, 2019 12:06 pm
technovelist wrote:
Sat Dec 28, 2019 10:10 am
Smith1776 wrote:
Sat Dec 28, 2019 2:16 am
I bit of a "shower thought" regarding gold. I just realized I've naturally "tiered" my gold in a way that's rather telling about how into the PP I am. From shallowest to deepest:

1) Gold ETFs
2) Bullion coins in personal storage
3) Maplegrams in the wallet
4) Gold rings on the finger

I guess if the day ever comes (knock on wood) that I have to liquidate those rings, that'll have to be a seriously bad time. Maybe Canada gets taken over by the Kremlin and we have to get out of dodge to Australia?
You mean Canada hasn't already been taken over by the Kremlin?
Then why is your government so communistic?
Hahaha is this really how people see Canada?
Ha Tech beat me to it. You don't need Russia, you already have Justin.
User avatar
Smith1776
Executive Member
Executive Member
Posts: 819
Joined: Fri Apr 21, 2017 6:01 pm

Re: Gold's Time To Shine?

Post by Smith1776 » Sat Dec 28, 2019 12:57 pm

pugchief wrote:
Sat Dec 28, 2019 12:56 pm
Smith1776 wrote:
Sat Dec 28, 2019 12:06 pm
technovelist wrote:
Sat Dec 28, 2019 10:10 am
Smith1776 wrote:
Sat Dec 28, 2019 2:16 am
I bit of a "shower thought" regarding gold. I just realized I've naturally "tiered" my gold in a way that's rather telling about how into the PP I am. From shallowest to deepest:

1) Gold ETFs
2) Bullion coins in personal storage
3) Maplegrams in the wallet
4) Gold rings on the finger

I guess if the day ever comes (knock on wood) that I have to liquidate those rings, that'll have to be a seriously bad time. Maybe Canada gets taken over by the Kremlin and we have to get out of dodge to Australia?
You mean Canada hasn't already been taken over by the Kremlin?
Then why is your government so communistic?
Hahaha is this really how people see Canada?
Ha Tech beat me to it. You don't need Russia, you already have Justin.
Looks like I'm setting up my own country then. ::)
e + 1 = 0
The Knuckleheads forum is my new name for the Bogleheads forum.
User avatar
Ugly_Bird
Senior Member
Senior Member
Posts: 100
Joined: Sun Mar 08, 2015 8:06 pm

Re: Gold's Time To Shine?

Post by Ugly_Bird » Sat Dec 28, 2019 1:47 pm

technovelist wrote:
Sat Dec 28, 2019 10:10 am
You mean Canada hasn't already been taken over by the Kremlin?
Then why is your government so communistic?
Does it imply that Kremlin is communistic? LOL. Someone seems got stuck 30+ years behind....
User avatar
technovelist
Executive Member
Executive Member
Posts: 5277
Joined: Wed Sep 15, 2010 11:20 pm

Re: Gold's Time To Shine?

Post by technovelist » Sat Dec 28, 2019 6:26 pm

Smith1776 wrote:
Sat Dec 28, 2019 12:06 pm
technovelist wrote:
Sat Dec 28, 2019 10:10 am
Smith1776 wrote:
Sat Dec 28, 2019 2:16 am
I bit of a "shower thought" regarding gold. I just realized I've naturally "tiered" my gold in a way that's rather telling about how into the PP I am. From shallowest to deepest:

1) Gold ETFs
2) Bullion coins in personal storage
3) Maplegrams in the wallet
4) Gold rings on the finger

I guess if the day ever comes (knock on wood) that I have to liquidate those rings, that'll have to be a seriously bad time. Maybe Canada gets taken over by the Kremlin and we have to get out of dodge to Australia?
You mean Canada hasn't already been taken over by the Kremlin?
Then why is your government so communistic?
Hahaha is this really how people see Canada?
Ok, it's not Soviet. But it is still a high-tax gun-grabbing country where the health care system is so good that people come to the US for treatment if they can afford it.
User avatar
pugchief
Executive Member
Executive Member
Posts: 3170
Joined: Tue Jun 26, 2012 2:41 pm
Location: suburbs of Chicago, IL

Re: Gold's Time To Shine?

Post by pugchief » Sat Dec 28, 2019 6:46 pm

technovelist wrote:
Sat Dec 28, 2019 6:26 pm
Smith1776 wrote:
Sat Dec 28, 2019 12:06 pm
technovelist wrote:
Sat Dec 28, 2019 10:10 am
Smith1776 wrote:
Sat Dec 28, 2019 2:16 am
I bit of a "shower thought" regarding gold. I just realized I've naturally "tiered" my gold in a way that's rather telling about how into the PP I am. From shallowest to deepest:

1) Gold ETFs
2) Bullion coins in personal storage
3) Maplegrams in the wallet
4) Gold rings on the finger

I guess if the day ever comes (knock on wood) that I have to liquidate those rings, that'll have to be a seriously bad time. Maybe Canada gets taken over by the Kremlin and we have to get out of dodge to Australia?
You mean Canada hasn't already been taken over by the Kremlin?
Then why is your government so communistic?
Hahaha is this really how people see Canada?
Ok, it's not Soviet. But it is still a high-tax gun-grabbing country where the health care system is so good that people come to the US for treatment if they can afford it.
Where will the people in the US who can afford it go if Bernie or Warren is elected and we end up with Medicare for all? :-\
User avatar
technovelist
Executive Member
Executive Member
Posts: 5277
Joined: Wed Sep 15, 2010 11:20 pm

Re: Gold's Time To Shine?

Post by technovelist » Sat Dec 28, 2019 10:12 pm

pugchief wrote:
Sat Dec 28, 2019 6:46 pm
technovelist wrote:
Sat Dec 28, 2019 6:26 pm
Smith1776 wrote:
Sat Dec 28, 2019 12:06 pm
technovelist wrote:
Sat Dec 28, 2019 10:10 am
Smith1776 wrote:
Sat Dec 28, 2019 2:16 am
I bit of a "shower thought" regarding gold. I just realized I've naturally "tiered" my gold in a way that's rather telling about how into the PP I am. From shallowest to deepest:

1) Gold ETFs
2) Bullion coins in personal storage
3) Maplegrams in the wallet
4) Gold rings on the finger

I guess if the day ever comes (knock on wood) that I have to liquidate those rings, that'll have to be a seriously bad time. Maybe Canada gets taken over by the Kremlin and we have to get out of dodge to Australia?
You mean Canada hasn't already been taken over by the Kremlin?
Then why is your government so communistic?
Hahaha is this really how people see Canada?
Ok, it's not Soviet. But it is still a high-tax gun-grabbing country where the health care system is so good that people come to the US for treatment if they can afford it.
Where will the people in the US who can afford it go if Bernie or Warren is elected and we end up with Medicare for all? :-\
Good question that no one wants to answer.
User avatar
Smith1776
Executive Member
Executive Member
Posts: 819
Joined: Fri Apr 21, 2017 6:01 pm

Re: Gold's Time To Shine?

Post by Smith1776 » Sun Dec 29, 2019 7:24 am

You guys are hilarious.

This is obviously a can of worms, but health care is the biggest reason why I'm appreciative of living in Canada. It's also the reason I'm most hesitant about ever moving to the U.S.

I'd like to get a job at Microsoft down the line once I finish my comp sci studies (should be this year!). Fortunately, they now have an office in Vancouver!

EDIT: Just so I don't derail the thread too much, buying more gold this week! Woohoo!
e + 1 = 0
The Knuckleheads forum is my new name for the Bogleheads forum.
User avatar
technovelist
Executive Member
Executive Member
Posts: 5277
Joined: Wed Sep 15, 2010 11:20 pm

Re: Gold's Time To Shine?

Post by technovelist » Sun Dec 29, 2019 7:33 am

Smith1776 wrote:
Sun Dec 29, 2019 7:24 am
You guys are hilarious.

This is obviously a can of worms, but health care is the biggest reason why I'm appreciative of living in Canada. It's also the reason I'm most hesitant about ever moving to the U.S.

I'd like to get a job at Microsoft down the line once I finish my comp sci studies (should be this year!). Fortunately, they now have an office in Vancouver!

EDIT: Just so I don't derail the thread too much, buying more gold this week! Woohoo!
Microsoft is a pretty good place to work, depending of course on what role you are in.

As for health care, you'll be very fortunate to work in Vancouver because the US is only a few miles away:
https://www.usnews.com/news/best-countr ... ealth-care

Until and unless we have "single payer" here too, of course.
User avatar
dualstow
Executive Member
Executive Member
Posts: 9570
Joined: Wed Oct 27, 2010 10:18 am
Location: next to emotional support peacock
Contact:

Re: Gold's Time To Shine?

Post by dualstow » Sun Dec 29, 2019 7:49 am

Smith1776 wrote:
Sun Dec 29, 2019 7:24 am
EDIT: Just so I don't derail the thread too much, buying more gold this week! Woohoo!
I hope it’s one ounce bullion coins this time and not those golden grams.
The cereal is fine, but stick to 1oz coins if you’re buying physical.

grocer - wholesale dealer, one who buys and sells in gross.
merchant selling individual items of food is 16th cent. in Middle English this was a spicer.
User avatar
pugchief
Executive Member
Executive Member
Posts: 3170
Joined: Tue Jun 26, 2012 2:41 pm
Location: suburbs of Chicago, IL

Re: Canadian Helathcare

Post by pugchief » Sun Dec 29, 2019 7:54 am

Smith1776 wrote:
Sun Dec 29, 2019 7:24 am
You guys are hilarious.

This is obviously a can of worms, but health care is the biggest reason why I'm appreciative of living in Canada. It's also the reason I'm most hesitant about ever moving to the U.S.

I'd like to get a job at Microsoft down the line once I finish my comp sci studies (should be this year!). Fortunately, they now have an office in Vancouver!

EDIT: Just so I don't derail the thread too much, buying more gold this week! Woohoo!
It's too late not to derail this thread; maybe Xan wants to split off these posts into a new thread?

Anyhow, everyone I've talked to who lives in Canada loves that health care is 'free' but hates that they have to wait. And wait. And wait. And hopefully don't get something really serious and die before they can get treatment. Is that inaccurate? I can usually get in to see my primary care MD or his PA same day or next if I am time flexible (for anything other than a complete physical). Usually a specialist might be a few weeks, but last year I had an eye problem and an ophthalmologist, that I was not a patient of record to, saw me within 2 hours.
User avatar
mathjak107
Executive Member
Executive Member
Posts: 2546
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: Gold's Time To Shine?

Post by mathjak107 » Sun Dec 29, 2019 7:56 am

the waits are getting worse and worse each year .

https://www.macleans.ca/society/health/ ... igh-again/
User avatar
Smith1776
Executive Member
Executive Member
Posts: 819
Joined: Fri Apr 21, 2017 6:01 pm

Re: Gold's Time To Shine?

Post by Smith1776 » Sun Dec 29, 2019 8:14 am

My perspective is that I'd still rather go with the Canadian health care system than the American one if given a binary choice. Though, obviously, there is bias in my perspective.

The waiting time issue is not as bad as portrayed in my humble opinion. We follow a triage system in Canada. If it's a medical emergency, you'll get in right away. If it's a bad knee that acts up when you do sports, then yeah, you'll wait a while for a surgery.

And no, I like the maplegrams, but they're just for fun. The spreads are awful as you know. I'll be going for a few full on coins this time around!
e + 1 = 0
The Knuckleheads forum is my new name for the Bogleheads forum.
Post Reply