Re: The GOLD scream room
Posted: Wed Jul 22, 2020 4:12 pm
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.
Permanent Portfolio Forum
https://gyroscopicinvesting.com/forum/
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...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
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.WhiteElephant wrote: ↑Thu Jul 23, 2020 11:20 amIt 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...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
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!
Could you do something like Smiths "Goldsmith PP" ?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.
pp in 2020: Budd is a believer!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
Looks that way. I don't think we have a cake but we should be able to come up with something appropriate!dualstow wrote: ↑Fri Jul 24, 2020 8:11 ampp in 2020: Budd is a believer!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
Tech, time for the cake and candle?
Whippersnapper!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.
It’s more relief than joy.
Sounds about right, thank you!
Budd, is that you?buddtholomew wrote: ↑Sun Jul 26, 2020 8:26 amIt’s more relief than joy.
Hope that helps you decide haha
Yes it is I, the one and only Buddtholomew. At least the username is always available when I create a new account.Don wrote: ↑Sun Jul 26, 2020 5:36 pmBudd, is that you?buddtholomew wrote: ↑Sun Jul 26, 2020 8:26 amIt’s more relief than joy.
Hope that helps you decide haha
By the count of your posts it seems like you are merely re-activating the same one you've had?buddtholomew wrote: ↑Sun Jul 26, 2020 8:04 pmYes it is I, the one and only Buddtholomew. At least the username is always available when I create a new account.Don wrote: ↑Sun Jul 26, 2020 5:36 pmBudd, is that you?buddtholomew wrote: ↑Sun Jul 26, 2020 8:26 amIt’s more relief than joy.
Hope that helps you decide haha
Correct Vinny.vnatale wrote: ↑Sun Jul 26, 2020 11:45 pmBy the count of your posts it seems like you are merely re-activating the same one you've had?buddtholomew wrote: ↑Sun Jul 26, 2020 8:04 pmYes it is I, the one and only Buddtholomew. At least the username is always available when I create a new account.Don wrote: ↑Sun Jul 26, 2020 5:36 pmBudd, is that you?buddtholomew wrote: ↑Sun Jul 26, 2020 8:26 amIt’s more relief than joy.
Hope that helps you decide haha
Vinny
Thank you!!