Cortopassi wrote: ↑Wed Feb 03, 2021 8:16 am
Examples. A billion is measly!
Haha, thanks, visual representation makes it easier...
Personally, I'd rather imagine that there is some programmer somewhere and he is instructed to utilize the shift left (<<) operator, that's well known from several programming languages as the fastest way to multiply a number with 2^n (where n is the number voted by Congress).
dualstow wrote: ↑Thu Feb 04, 2021 4:06 pm
Stronger dollar.
Though what comes first (chicken vs egg) - weaker gold or stronger dollar .. In the recent case we had the weaker gold coming first (months in advance to stronger dollar, that came only recently), so it might be that's not the explanation.. My overly simplistic explanation is that following the turmoil money flows simply got back to risk-on asset classes - non-existing money pushing up ridiculous valuations, voilla
dualstow wrote: ↑Thu Feb 04, 2021 4:06 pm
Stronger dollar.
Though what comes first (chicken vs egg) - weaker gold or stronger dollar .. In the recent case we had the weaker gold coming first (months in advance to stronger dollar, that came only recently), so it might be that's not the explanation.. My overly simplistic explanation is that following the turmoil money flows simply got back to risk-on asset classes - non-existing money pushing up ridiculous valuations, voilla
Stronger dollar is just what i read, but I’ll buy the above....if i understand it correctly.
Smith1776 wrote: ↑Fri Feb 19, 2021 3:28 pm
The recent gold decline has caused the value of my PP to fall below a leading digit threshold in my retirement account.
I think PP should have a small fraction of crypto. It would help when crypto skyrocketing but work as before when crypto will crash.
Added GBTC to my IRA. So far tt helps to compensate for the PP losses.
At this point I treat BTC and GBTC as part of the variable portfolio. But we might be witnessing the necessity of the PP concept change because of the completely new investment options.
Smith1776 wrote: ↑Fri Feb 19, 2021 3:28 pm
The recent gold decline has caused the value of my PP to fall below a leading digit threshold in my retirement account.
Yep, we hit a new milestone before I shifted my usual portfolios over to the pp...
Now the old milestone moved up and are still above the milestone ,where as the action in Tlt and Gld now pulled us below the threshold line
I bet Harry Browne didn’t have a solution to this one.
I would really like to buy a bunch of gold tomorrow but i don’t think I’m going to be in town to take delivery. At least it’s possible that I won’t be. No way am I leaving it to the wife to receive it. It’s not that she’s flaky, but if something went wrong, I don’t think I’d get over it.
dualstow wrote: ↑Wed Mar 03, 2021 6:38 pm
I bet Harry Browne didn’t have a solution to this one.
I would really like to buy a bunch of gold tomorrow but i don’t think I’m going to be in town to take delivery. At least it’s possible that I won’t be. No way am I leaving it to the wife to receive it. It’s not that she’s flaky, but if something went wrong, I don’t think I’d get over it.
Dude. I'm no relationship counselor. But... red flag!
Just sayin...