Gold to bounce soon?

Discussion of the Gold portion of the Permanent Portfolio

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Cortopassi
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Re: Gold to bounce soon?

Post by Cortopassi »

buddtholomew wrote: Sun Aug 19, 2018 11:52 am I’m done taking gold personally and as Sophie said it will be there when you need it.
Yeah, pretty much me too.
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dualstow
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Re: Gold to bounce soon?

Post by dualstow »

I nibbled today.
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buddtholomew
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Re: Gold to bounce soon?

Post by buddtholomew »

dualstow wrote: Thu Aug 23, 2018 12:55 pm I nibbled today.
I’m buying EEM instead; we’re both in the same boat waiting for the USD to drop.
Good luck DS!
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dualstow
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Re: Gold to bounce soon?

Post by dualstow »

Same to you.
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whatchamacallit
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Re: Gold to bounce soon?

Post by whatchamacallit »

Nice chart in article. Indicates good time to buy commodities which includes gold.

https://www.marketwatch.com/story/timin ... 2018-08-23


But when I compare years to gold price it makes me wonder if it is 1986 buy instead of a 1998 buy.

https://goldprice.org/gold-price-history.html
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Cortopassi
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Re: Gold to bounce soon?

Post by Cortopassi »

whatchamacallit wrote: Thu Aug 23, 2018 8:35 pm Nice chart in article. Indicates good time to buy commodities which includes gold.

https://www.marketwatch.com/story/timin ... 2018-08-23


But when I compare years to gold price it makes me wonder if it is 1986 buy instead of a 1998 buy.

https://goldprice.org/gold-price-history.html
Or the broader market is just too expensive and ready for a drop.
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buddtholomew
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Re: Gold to bounce soon?

Post by buddtholomew »

buddtholomew wrote: Thu Aug 23, 2018 1:09 pm
dualstow wrote: Thu Aug 23, 2018 12:55 pm I nibbled today.
I’m buying EEM instead; we’re both in the same boat waiting for the USD to drop.
Good luck DS!
Don’t get any ideas DS O0
hardlawjockey
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Re: Gold to bounce soon?

Post by hardlawjockey »

buddtholomew wrote: Thu Aug 23, 2018 1:09 pm
dualstow wrote: Thu Aug 23, 2018 12:55 pm I nibbled today.
I’m buying EEM instead; we’re both in the same boat waiting for the USD to drop.
Good luck DS!
Did the USD just drop? Was watching Fox Business and noticed in the ticker that gold was up $20 at the time. Strangely, stocks were also up and setting all time highs, and bond yields were down slightly. Must have been a good day for the PP. I'm keeping my resolution to only look at my portfolio at re-balance time once a year but it probably would have been a good day to look.
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ochotona
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Re: Gold to bounce soon?

Post by ochotona »

Jesse Felder podcast and gold is discussed quite a bit:

https://www.theinvestorspodcast.com/epi ... llar-more/
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Re: Gold to bounce soon?

Post by ochotona »

FWIW, Recognia Chart Tools @ Schwab says GLD support is at $ 113.07, which is about like gold $ 1196.60. So when my cash hits Lively HSA, I'm going to put in a limit buy order for GLDM at TD Ameritrade.

Recognia is a pattern recognition program. At least it's unbiased, it's not just some person's opinion based on who knows what. It'll be right, until it's not.
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buddtholomew
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Re: Gold to bounce soon?

Post by buddtholomew »

Useless as ever...
Not worth holding at all.
I’m such an idiot!
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dualstow
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Re: Gold to bounce soon?

Post by dualstow »

buddtholomew wrote: Fri Sep 21, 2018 10:08 am Useless as ever...
Not worth holding at all.
I’m such an idiot!
A few syllables off from a perfect haiku.
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buddtholomew
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Re: Gold to bounce soon?

Post by buddtholomew »

dualstow wrote: Fri Sep 21, 2018 2:23 pm
buddtholomew wrote: Fri Sep 21, 2018 10:08 am Useless as ever...
Not worth holding at all.
I’m such an idiot!
A few syllables off from a perfect haiku.
Au, useless as ever
Not worth holding any at all
I’m such an idiot!

Better?
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dualstow
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Re: Gold to bounce soon?

Post by dualstow »

O0
Barbarous relic/
why do I even hold thee/
autumn depression
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buddtholomew
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Re: Gold to bounce soon?

Post by buddtholomew »

dualstow wrote: Fri Sep 21, 2018 3:47 pm O0
Barbarous relic/
why do I even hold thee/
autumn depression
I obviously suck...nice DS!
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Kriegsspiel
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Re: Gold to bounce soon?

Post by Kriegsspiel »

I steal all of it
I don't give a fuck, I'm a
ma'fucking pirate

This shit is yellow
I can hold it in my teeth...
Avast! Land, I blow
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ochotona
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Re: Gold to bounce soon?

Post by ochotona »

Atomic number 79
Bright and malleable
Bitter investor tears
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dualstow
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Re: Gold to bounce soon?

Post by dualstow »

Use 5/7/5 like kriegs.
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Kbg
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Re: Gold to bounce soon?

Post by Kbg »

Bright, shiny as the noon sun

Real returns no, none

Non correlated, perhaps
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eufo
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Re: Gold to bounce soon?

Post by eufo »

Unmistakeable color
Solid feel in hand
I will never let you go
Don't agree with me too strongly or I'm going to change my mind
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ochotona
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Re: Gold to bounce soon?

Post by ochotona »

Since Biblical times
Respected store of value
Herpes is better
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buddtholomew
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Re: Gold to bounce soon?

Post by buddtholomew »

A good paper weight
Foolish are we who hold thee
For anything else
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dualstow
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Re: Gold to bounce soon?

Post by dualstow »

Not bad, Budd.
ochotona wrote: Sun Sep 23, 2018 8:34 am Herpes is better
[RECORD SCRATCH]
Wait, what??
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goodasgold
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Re: Gold to bounce soon?

Post by goodasgold »

Glorious relic
Naysayers again endure
Those printingpress blues

P.S. Hello all: Couldn't pass up this chance to express poetic license. My first post in 2 years, as I have been traveling this marvelous continent in an RV. I write to you from lovely Ketchum, Idaho. - Goodasgold
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dualstow
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Re: Gold to bounce soon?

Post by dualstow »

Sounds like fun!
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