Gyroscopic Investing

stuper1 wrote: ↑Mon Dec 17, 2018 12:10 pm But that's not what Harry Browne promised us. He said that every single day that stocks go down, gold will go up twice as much. Right? He did say that, didn't he? I'm pretty sure I heard that somewhere.

You forgot your /s tag.

Up 7.2% today.

I saw a quote that said gold was up 7.2%. I must have mis-read it or something.

What, no comments on the big surge today?
Also, I see the S&P 500 is down about 12% YTD, whereas gold is down about 5% YTD.
Neither is great, but I know which one I prefer...

I saw gold at 1278 today before the stock market rallied.
Fun while it lasted.

Don't look now, but we're getting close to $1300...

You're gonna jinx it, tech!

Cinco de Mayo, ba-bye-o.
Would have liked to see Au rally here.

budd, I thought you were going to stop posting....

I no longer feel the need to defend a 4x25 allocation. I like the portfolio a lot more after catering the %’s to suit my temperament. I want Au to rally and it has shown strength the last couple months.

He's an oddity, but even oddities could be right, if only purely by accident. Charles Nenner says to look for gold to make a low in mid-June 2019, then head higher. I mean, why not? I need to buy ~1% more gold, to make my pile 12.5%, which would fit into my ambition to have half-HBPP and half-VP.

I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date.

Cortopassi wrote: ↑Mon Jan 21, 2019 3:45 pm I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date.

Pick it with a dart and a calendar. He said June 15. I'm going to be in awe of him on June 15 or LMAO.

Why be in awe if you acknowledge people can be right by accident?
There’re more forecastors than calendar dates so, someone is going to place an ad sometime soon, like:

Man who called gold’s low says buy orchid futures!

Cortopassi wrote: ↑Mon Jan 21, 2019 3:45 pm I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date.

He's off. It will be July 11th.

Kbg wrote: ↑Tue Jan 22, 2019 1:26 pm

Cortopassi wrote: ↑Mon Jan 21, 2019 3:45 pm I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date.

He's off. It will be July 11th.

6/31/2019

1% jump this morning.

ochotona wrote: ↑Tue Jan 22, 2019 3:45 pm

Kbg wrote: ↑Tue Jan 22, 2019 1:26 pm

Cortopassi wrote: ↑Mon Jan 21, 2019 3:45 pm I'm thinking June 8th...

Really. Mid-June. Might as well pick a specific date.

He's off. It will be July 11th.

6/31/2019

Even better, totally plausible. I’m switching my forecast to 6/31.

No one seems to be excited about the latest surge.
Maybe that's good because it will reduce the pain when it goes back down?
But on the other hand, the PP is probably outperforming the stock market over the past couple of weeks...

Babbyyyyyyy
I've been hurt beforeeeeeeeee

8-month high, o

Yep, gold and TLT are surging simply because I'm making my first purchases of both tomorrow. So don't worry, after I DCA in over the next 4 months it will promptly plummet, haha.

pmward wrote: ↑Thu Jan 31, 2019 12:34 pm Yep, gold and TLT are surging simply because I'm making my first purchases of both tomorrow. So don't worry, after I DCA in over the next 4 months it will promptly plummet, haha.

So now you're horning in on my racket of being a contrary indicator?
I guess now I'll have to sell so it will go up!

Well, the surge was fun while it lasted.