Up 3.5% today.
TLT is also up another 1.5% today.
Nice.
This has been an interesting week for the PP.
Someone Poked Gold With a Stick
Moderator: Global Moderator
Someone Poked Gold With a Stick
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Someone Poked Gold With a Stick
I was waiting for 1,500 for a rebalance... eff.
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
- Thomas Paine
- Thomas Paine
Re: Someone Poked Gold With a Stick
(Note: I didn't see this thread before I started a new one, so I'm deleting my other thread and posting the comments here)
Looks like everyone had the same idea I did: Use the money from maturing STT to buy gold.
Unfortunately I was too slow. FRAC! :'(
I wonder if June 1 and Dec 1 typically see big moves in financial assets, due to the maturing STT and the resulting cash burning a hole in the collective pockets?
Looks like everyone had the same idea I did: Use the money from maturing STT to buy gold.
Unfortunately I was too slow. FRAC! :'(
I wonder if June 1 and Dec 1 typically see big moves in financial assets, due to the maturing STT and the resulting cash burning a hole in the collective pockets?
Last edited by Gosso on Fri Jun 01, 2012 10:04 am, edited 1 time in total.