The GOLD scream room

Discussion of the Gold portion of the Permanent Portfolio

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Ad Orientem
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Re: The GOLD scream room

Post by Ad Orientem »

Gold up another 1.4% to $1870. Now within striking distance of all time record of $1900 which is also probably the near term resistance.
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew »

1897.90

Going to buy some now, so here comes 1900.
Darn only pushed it up to 1898.50.
Anyone else want to contribute some?
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Re: The GOLD scream room

Post by WhiteElephant »

buddtholomew wrote: Wed Jul 22, 2020 11:18 am The PP and Gold have performed above any of my expectations.
I stopped tracking Golds performance after loss harvesting to offset gains in other assets and switching between GLD/IAU but according to VG I now have a 92% gain LTD on my holdings ;D
It feels great (and weird!) to have a portfolio that's UP a few percent after everything that happened in the world. What a year it's been so far...
Who knows what will kind of other 'unthinkable' things will happen the next few months? No idea, but at least I'm not worried about my portfolio!
Libertarian666
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Re: The GOLD scream room

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WhiteElephant wrote: Thu Jul 23, 2020 11:20 am
buddtholomew wrote: Wed Jul 22, 2020 11:18 am The PP and Gold have performed above any of my expectations.
I stopped tracking Golds performance after loss harvesting to offset gains in other assets and switching between GLD/IAU but according to VG I now have a 92% gain LTD on my holdings ;D
It feels great (and weird!) to have a portfolio that's UP a few percent after everything that happened in the world. What a year it's been so far...
Who knows what will kind of other 'unthinkable' things will happen the next few months? No idea, but at least I'm not worried about my portfolio!
That's one of the advantages of having a disaster-oriented portfolio. When things are crazy in the world is a good time to have big gains. ^-^
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Hal
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Re: The GOLD scream room

Post by Hal »

sophie wrote: Wed Jul 22, 2020 9:17 am Wow this is a shock. It is also strange....since July 1, all the assets are up including long bonds. I keep thinking one of the shoes has to drop. Who knows which one it will be...and happily, it doesn't matter. Harry Browne, whereever you are, thank you!

Except of course if it's stocks, it will be poison to stock/bond portfolios like the one in my corporate retirement accounts. How I wish it allowed gold, or it would have been a PP (or GB) a long time ago.
Could you do something like Smiths "Goldsmith PP" ?
Eg: In retirement account 2:1 Bonds to Shares. Outside 25% Gold
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew »

1900.80

If you guys won’t help me I’ll have to do it myself >:D
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dualstow
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Re: The GOLD scream room

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buddtholomew wrote: Fri Jul 24, 2020 8:06 am 1900.80

If you guys won’t help me I’ll have to do it myself >:D
pp in 2020: Budd is a believer!

Tech, time for the cake and candle?
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Libertarian666
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Re: The GOLD scream room

Post by Libertarian666 »

dualstow wrote: Fri Jul 24, 2020 8:11 am
buddtholomew wrote: Fri Jul 24, 2020 8:06 am 1900.80

If you guys won’t help me I’ll have to do it myself >:D
pp in 2020: Budd is a believer!

Tech, time for the cake and candle?
Looks that way. I don't think we have a cake but we should be able to come up with something appropriate!
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I Shrugged
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Re: The GOLD scream room

Post by I Shrugged »

Is Budd's joy a contrarian indicator?
:)
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Kriegsspiel
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Re: The GOLD scream room

Post by Kriegsspiel »

Gold is in the 20th century now! When I started the PP it was in the Medieval era.

Shit's bananas.
You there, Ephialtes. May you live forever.
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Re: The GOLD scream room

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Kriegsspiel wrote: Sat Jul 25, 2020 8:03 pm Gold is in the 20th century now! When I started the PP it was in the Medieval era.

Shit's bananas.
Whippersnapper!
When I started, it was in the Year of the Consulship of Rusticus and Condianus.
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew »

I Shrugged wrote: Sat Jul 25, 2020 6:25 pm Is Budd's joy a contrarian indicator?
:)
It’s more relief than joy.
Hope that helps you decide haha
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dualstow
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Re: The GOLD scream room

Post by dualstow »

What does an excitable gorilla do when he sees the current gold price?
Kriegsspiel wrote: Sat Jul 25, 2020 8:03 pmShit's bananas.
Sounds about right, thank you!
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Don
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Re: The GOLD scream room

Post by Don »

buddtholomew wrote: Sun Jul 26, 2020 8:26 am
I Shrugged wrote: Sat Jul 25, 2020 6:25 pm Is Budd's joy a contrarian indicator?
:)
It’s more relief than joy.
Hope that helps you decide haha
Budd, is that you?
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew »

Don wrote: Sun Jul 26, 2020 5:36 pm
buddtholomew wrote: Sun Jul 26, 2020 8:26 am
I Shrugged wrote: Sat Jul 25, 2020 6:25 pm Is Budd's joy a contrarian indicator?
:)
It’s more relief than joy.
Hope that helps you decide haha
Budd, is that you?
Yes it is I, the one and only Buddtholomew. At least the username is always available when I create a new account.
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Ad Orientem
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Re: The GOLD scream room

Post by Ad Orientem »

Sunday night and precious metals are on the move. Gold is bouncing another 1.5% . Now $1925/oz. And silver is up 5% after taking a couple days off.
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vnatale
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Re: The GOLD scream room

Post by vnatale »

buddtholomew wrote: Sun Jul 26, 2020 8:04 pm
Don wrote: Sun Jul 26, 2020 5:36 pm
buddtholomew wrote: Sun Jul 26, 2020 8:26 am
I Shrugged wrote: Sat Jul 25, 2020 6:25 pm Is Budd's joy a contrarian indicator?
:)
It’s more relief than joy.
Hope that helps you decide haha
Budd, is that you?
Yes it is I, the one and only Buddtholomew. At least the username is always available when I create a new account.
By the count of your posts it seems like you are merely re-activating the same one you've had?

Vinny
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
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Ad Orientem
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Re: The GOLD scream room

Post by Ad Orientem »

Hi Budd. Nice to see you back.
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Smith1776
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Re: The GOLD scream room

Post by Smith1776 »

Damn. O_O


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Hal
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Re: The GOLD scream room

Post by Hal »

Just like HB said gold and the USD would react....

https://www.zerohedge.com/markets/spot- ... ccelerates
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Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
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dualstow
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Re: The GOLD scream room

Post by dualstow »

I think there’s some metaphysical phenomenon that if we hit 2000, Craig and Medium Tex will briefly remanifest.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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Hal
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Re: The GOLD scream room

Post by Hal »

dualstow wrote: Mon Jul 27, 2020 6:09 am I think there’s some metaphysical phenomenon that if we hit 2000, Craig and Medium Tex will briefly remanifest.
Cue the music....
https://www.youtube.com/watch?v=-b5aW08ivHU
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew »

vnatale wrote: Sun Jul 26, 2020 11:45 pm
buddtholomew wrote: Sun Jul 26, 2020 8:04 pm
Don wrote: Sun Jul 26, 2020 5:36 pm
buddtholomew wrote: Sun Jul 26, 2020 8:26 am
I Shrugged wrote: Sat Jul 25, 2020 6:25 pm Is Budd's joy a contrarian indicator?
:)
It’s more relief than joy.
Hope that helps you decide haha
Budd, is that you?
Yes it is I, the one and only Buddtholomew. At least the username is always available when I create a new account.
By the count of your posts it seems like you are merely re-activating the same one you've had?

Vinny
Correct Vinny.
My response was tongue in cheek as I use the username “buddtholomew” for other forums and accounts as well and it has always been available for use (so I am the one and only buddtholomew).

I did request a ban from this board and also Xan was gracious enough to re-enable the account at my request.
Don
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Re: The GOLD scream room

Post by Don »

dualstow wrote: Mon Jul 27, 2020 6:09 am I think there’s some metaphysical phenomenon that if we hit 2000, Craig and Medium Tex will briefly remanifest.
You might need an alchemist for that.
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buddtholomew
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Re: The GOLD scream room

Post by buddtholomew »

Ad Orientem wrote: Mon Jul 27, 2020 12:06 am Hi Budd. Nice to see you back.
Thank you!!
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