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Re: The GOLD scream room

Posted: Thu Feb 04, 2021 4:06 pm
by dualstow
Don wrote:
Thu Feb 04, 2021 3:40 pm
Is there an explanation why gold fell 2.5% today?
Stronger dollar.

Re: The GOLD scream room

Posted: Thu Feb 04, 2021 4:15 pm
by Cortopassi
Tortoise wrote:
Thu Feb 04, 2021 4:02 pm
When gold's price drops sharply, it's because one of us recently bought a lot of it.

When gold's price jumps sharply, it's because one of us recently sold a lot of it.

The gold market's movements make a lot more sense when viewed through that explanatory lens.
:D :D :D

Re: The GOLD scream room

Posted: Thu Feb 04, 2021 5:11 pm
by Kriegsspiel
Theory checks out.

Re: The GOLD scream room

Posted: Fri Feb 05, 2021 1:27 am
by Vil
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

Re: The GOLD scream room

Posted: Fri Feb 05, 2021 6:30 am
by dualstow
Vil wrote:
Fri Feb 05, 2021 1:27 am
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.

Re: The GOLD scream room

Posted: Fri Feb 05, 2021 10:06 am
by buddtholomew
I told you when I sold and when I bought...what more do you want to know? >:

Fixed income yields also play a large role as last I checked gold doesn’t pay a dividend. Yields up, bonds attractive; yields down, gold attractive.

Re: The GOLD scream room

Posted: Fri Feb 19, 2021 3:28 pm
by Smith1776
The recent gold decline has caused the value of my PP to fall below a leading digit threshold in my retirement account. >:( >:(

Re: The GOLD scream room

Posted: Fri Feb 19, 2021 4:02 pm
by Ugly_Bird
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.

Re: The GOLD scream ro

Posted: Fri Feb 19, 2021 4:14 pm
by mathjak107
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

Re: The GOLD scream room

Posted: Wed Mar 03, 2021 6:38 pm
by dualstow
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. O0

Re: The GOLD scream room

Posted: Wed Mar 03, 2021 9:20 pm
by Mark Leavy
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. O0
Dude. I'm no relationship counselor. But... red flag!
Just sayin...

Re: The GOLD scream room

Posted: Wed Mar 03, 2021 10:16 pm
by dualstow
I don’t want to put the burden on her, Mark. That’s true love. O0

Re: The GOLD scream room

Posted: Thu Mar 04, 2021 8:15 am
by Kbg
dualstow wrote:
Wed Mar 03, 2021 10:16 pm
I don’t want to put the burden on her, Mark. That’s true love. O0
If she starts to get big eyes, likes the word "precious" and draws out "S" sounds, you definitely need to leave.

Promise Mark and I if that happens you will move on, will you?

Re: The GOLD scream room

Posted: Thu Mar 04, 2021 9:02 am
by vnatale
dualstow wrote:
Wed Mar 03, 2021 10:16 pm

I don’t want to put the burden on her, Mark. That’s true love. O0


I'm glad you said that. I was going to respond but I wanted to let you first respond.

I read your initial statement as saying you did not want to put her in the position of something possibly going wrong, her not handling it the same way you would.

You'd regret it if you had put her in that position and something did go wrong.

Therefore, you believed it would not be fair to her to do that.

You were casting no suspicions on her.

You merely wanted to be the one who took all the responsibility for the transaction correctly happening.

Re: The GOLD scream room

Posted: Thu Mar 04, 2021 9:55 am
by dualstow
Kbg wrote:
Thu Mar 04, 2021 8:15 am
dualstow wrote:
Wed Mar 03, 2021 10:16 pm
I don’t want to put the burden on her, Mark. That’s true love. O0
If she starts to get big eyes, likes the word "precious" and draws out "S" sounds, you definitely need to leave.

Promise Mark and I if that happens you will move on, will you?
😂

You got it, Vinny!
By the same token, i have a favorite ceramic mug that I ask her not to wash, to leave it for me. (We share dishwashing duties). She wanted to know why, and I said if someone eventually breaks it, I’d rather it be me, ie be angry at myself. It may sound strange to some, but this is a philosophy and lifestyle that works for me.

Re: The GOLD scream room

Posted: Thu Mar 04, 2021 12:09 pm
by vnatale
dualstow wrote:
Thu Mar 04, 2021 9:55 am

Kbg wrote:
Thu Mar 04, 2021 8:15 am

dualstow wrote:
Wed Mar 03, 2021 10:16 pm

I don’t want to put the burden on her, Mark. That’s true love. O0


If she starts to get big eyes, likes the word "precious" and draws out "S" sounds, you definitely need to leave.

Promise Mark and I if that happens you will move on, will you?


😂

You got it, Vinny!
By the same token, i have a favorite ceramic mug that I ask her not to wash, to leave it for me. (We share dishwashing duties). She wanted to know why, and I said if someone eventually breaks it, I’d rather it be me, ie be angry at myself. It may sound strange to some, but this is a philosophy and lifestyle that works for me.


I COMPLETELY understand! Some things are always best done by oneself.

Re: The GOLD scream room

Posted: Thu Mar 04, 2021 12:25 pm
by dualstow
You know what's funny, though? I asked her if she would feel comfortable receiving it and she said it's fine. So, maybe I'll just order. :D

Re: The GOLD scream room

Posted: Sat Mar 06, 2021 3:32 pm
by Kbg
dualstow wrote:
Thu Mar 04, 2021 9:55 am
Kbg wrote:
Thu Mar 04, 2021 8:15 am
dualstow wrote:
Wed Mar 03, 2021 10:16 pm
I don’t want to put the burden on her, Mark. That’s true love. O0
If she starts to get big eyes, likes the word "precious" and draws out "S" sounds, you definitely need to leave.

Promise Mark and I if that happens you will move on, will you?
😂

You got it, Vinny!
By the same token, i have a favorite ceramic mug that I ask her not to wash, to leave it for me. (We share dishwashing duties). She wanted to know why, and I said if someone eventually breaks it, I’d rather it be me, ie be angry at myself. It may sound strange to some, but this is a philosophy and lifestyle that works for me.
Wow, didn't even get credit for bringing the funny. Do I LOOK like I have a bat in my avatar? ;)

Re: The GOLD scream room

Posted: Sat Mar 06, 2021 3:47 pm
by Tortoise
I was a little confused by DS's reply, too, and had to read it a couple of times to parse it.

I think the emoji was in response to your comment, Kbg, then the "You got it, Vinny" and the rest of it was in response to Vinny's post. The confusing part was that DS quoted you but not Vinny.

Re: The GOLD scream room

Posted: Sat Mar 06, 2021 9:01 pm
by dualstow
you parsed correctly, Tortoise.
Kbg, i wouldn’t have bothered to quote you if you weren’t going to get credit.
geez, lot of handholding required here 😂

Re: The GOLD scream room

Posted: Mon Mar 08, 2021 11:18 pm
by Kbg
dualstow wrote:
Sat Mar 06, 2021 9:01 pm
you parsed correctly, Tortoise.
Kbg, i wouldn’t have bothered to quote you if you weren’t going to get credit.
geez, lot of handholding required here 😂
I'm needy that way. LOL. :D

Re: The GOLD scream room

Posted: Wed Mar 17, 2021 7:09 pm
by dualstow
Budd, gold was up more than bonds were down. Did it make you smile?

Kbg wrote:
Mon Mar 08, 2021 11:18 pm
dualstow wrote:
Sat Mar 06, 2021 9:01 pm
you parsed correctly, Tortoise.
Kbg, i wouldn’t have bothered to quote you if you weren’t going to get credit.
geez, lot of handholding required here 😂
I'm needy that way. LOL. :D
O0 Just saw this.

Re: The GOLD scream room

Posted: Thu Mar 18, 2021 8:03 am
by buddtholomew
dualstow wrote:
Wed Mar 17, 2021 7:09 pm
Budd, gold was up more than bonds were down. Did it make you smile?

Kbg wrote:
Mon Mar 08, 2021 11:18 pm
dualstow wrote:
Sat Mar 06, 2021 9:01 pm
you parsed correctly, Tortoise.
Kbg, i wouldn’t have bothered to quote you if you weren’t going to get credit.
geez, lot of handholding required here 😂
I'm needy that way. LOL. :D
O0 Just saw this.
I don’t own any TLT DS. I want to, but just can’t make the purchase. Staying in cash for now.

Re: The GOLD scream room

Posted: Tue Mar 30, 2021 7:35 am
by whatchamacallit
Margin call contagion calling in the gold?

Re: The GOLD scream room

Posted: Tue Jun 08, 2021 4:54 pm
by Smith1776
https://www.bogleheads.org/forum/viewto ... 0&t=349948

Tremendous gold war going on in the land of the Knuckleheads! Dang.