Gold bug?

Discussion of the Gold portion of the Permanent Portfolio

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are you a de-facto "goldbug" if you hold a portfolio with 25% gold allocation?

yes
3
10%
no
23
79%
only by default
3
10%
 
Total votes: 29
murphy_p_t
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Gold bug?

Post by murphy_p_t »

please vote to see results
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AdamA
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Re: Gold bug?

Post by AdamA »

Are you a "stock bug" for holding a portfolio with 25% stocks?
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MediumTex
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Re: Gold bug?

Post by MediumTex »

Adam1226 wrote: Are you a "stock bug" for holding a portfolio with 25% stocks?
How about a "bond bug"?
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l82start
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Re: Gold bug?

Post by l82start »

MediumTex wrote:
Adam1226 wrote: Are you a "stock bug" for holding a portfolio with 25% stocks?
How about a "bond bug"?
 

if you have 25% in four different assets are you a bug bug??
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Gumby
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Re: Gold bug?

Post by Gumby »

I am certainly an uncertainty bug.
Nothing I say should be construed as advice or expertise. I am only sharing opinions which may or may not be applicable in any given case.
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Jake
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Re: Gold bug?

Post by Jake »

I don't like the term as I think it is used as a pejorative for anyone who invests in gold. There are people (including some of my friends) who invest practically all of their savings in gold. If "gold bug" means anything I think that it would be more applicable as a description of that approach than of a balanced portfolio like the PP.

By the way, I had a debate with a gold-only investor about their approach vs the PP. Here is the podcast: http://thevoluntarylife.blogspot.com/20 ... m-two.html.
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moda0306
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Re: Gold bug?

Post by moda0306 »

Yeah I think it's hard to peg anyone as a gold bug that holds 50% of their wealth in government bonds.  There is a certain economic, political & philisophical framework built around gold bugs that isn't so much about the gold they own, but everything else they invest in and their predictions about the future.

I'd be willing to bet a lot of "gold bugs" don't own 25% of their investments in gold.
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MediumTex
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Re: Gold bug?

Post by MediumTex »

How about a "Browne bug"?
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
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Re: Gold bug?

Post by Bob »

With the PP, shouldn't we be "snug as a bug in a rug?"
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smurff
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Re: Gold bug?

Post by smurff »

I thought we were wearing chaps?
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