Gyroscopic Investing

Should have dumped them yesterday....

Thank heavens the pp is doing its thing today, right guys?
I'm kidding. I don't expect things to happen perfectly in a single day of trading.

dualstow wrote:Thank heavens the pp is doing its thing today, right guys?
I'm kidding. I don't expect things to happen perfectly in a single day of trading.

Would be nice, though, to have seen gold up, with all the babble about wage pressure and inflation.

Interesting chart. I'm not familiar with that commodities index, but the ratio of gold alone to the S&P 500 is much different.

[quote="MangoMan"][/quote]

Too late... Yesterday would be time :-)

Diversification hurt with the $ rising and yields climbing. PP and 70/30 performed about the same.
Disappointed in Gold, but it held up relative to silver.
Pretty much a total washout.
Question is where will yields top out?

Corto: indeed it would have.

buddtholomew wrote:Diversification hurt with the $ rising and yields climbing. PP and 70/30 performed about the same.
Disappointed in Gold, but it held up relative to silver.
Pretty much a total washout.
Question is where will yields top out?

I think the 20 year Treasury tops out at 4.9%. Which means the 20 year Treasury has another 24% to fall. Which would be a 36% drop from June 15, 2016. I would say that's a worse case. Why do I think that? Ah... just guessing. If I could predict bond interest rates, I'd be Czar of Texas.

There is no 20-year, is there?

dualstow wrote:There is no 20-year, is there?

A 30 year which is 10 years old is a 20 year