The GOLD scream room

Discussion of the Gold portion of the Permanent Portfolio

Moderator: Global Moderator

whatchamacallit
Executive Member
Executive Member
Posts: 771
Joined: Mon Oct 01, 2012 7:32 pm

Re: The GOLD scream room

Post by whatchamacallit »

For some reason, the even 5k looks wilder than some random number even higher
IMG_0963.png
IMG_0963.png (482.85 KiB) Viewed 172 times
User avatar
dualstow
Executive Member
Executive Member
Posts: 15781
Joined: Wed Oct 27, 2010 10:18 am
Location: foot of Mt Belzoni
Contact:

Re: The GOLD scream room

Post by dualstow »

That was quite a plunge!
.
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4782
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: The GOLD scream room

Post by mathjak107 »

yep and it’s likely not done
Jack Jones
Executive Member
Executive Member
Posts: 763
Joined: Mon Aug 24, 2015 3:12 pm

Re: The GOLD scream room

Post by Jack Jones »

I just realized that once gold reaches $10,000 an ounce, it will be much more difficult to obtain it anonymously (with cash) due to the reporting requirements.
t-bear52
Associate Member
Associate Member
Posts: 40
Joined: Sat Feb 26, 2011 6:24 am

Re: The GOLD scream room

Post by t-bear52 »

Why do you think Gold is plunching like this? I’m very curious!
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4782
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: The GOLD scream room

Post by mathjak107 »

you would think with what’s going on gold would be soaring . even tips are getting hit

but it’s the dollar getting the attention.

it’s almost like this should be golds golden moment to shine with the war , inflation and oil shock … even treasuries are getting hit and you would think we would see them as a safe haven as well as with the worlds view on us right now for what we caused the dollar should be tanking .

but nope
Jack Jones
Executive Member
Executive Member
Posts: 763
Joined: Mon Aug 24, 2015 3:12 pm

Re: The GOLD scream room

Post by Jack Jones »

Browne warned explicitly that temporary dollar rallies are engineered by central banks and should not be mistaken for a trend reversal — and that when the dollar rises it does so orderly, while drops come in panics.
flyingpylon
Executive Member
Executive Member
Posts: 1175
Joined: Fri Jan 06, 2012 9:04 am

Re: The GOLD scream room

Post by flyingpylon »

If assets always behaved the way we expected them to, there would be no need for risk parity portfolios.

¯\_(ツ)_/¯
Post Reply