Good stuff in BARRONS last week talking about thow the traditional 60/40 portfolio no longer works with bonds at 0.5%. Bridgewater Associates has some stuff out too, on investing in a 0% world. They sometimes put their research up on their website.
Bullish Gold report from Wall Street: discusses inflation, negative real interest rates, ETFs, etc. Good reading.
The Market is back to what I had pre-covid ....wonder how high it would have went without Covid slow down, shut down, job losses.
The INDICES are back to pre-Covid levels....most stocks are NOT. A few tech-related stocks are responsible for most of the gains.
For what ? The last 3 weeks. Lol. Gold is right at it's all time high. Silver is at 50%. Any silver bought from 2010-2018 is still at a loss. Most of it at a huge loss
The math is simple l. If you put as much money into silver as you did gold then you'd have more money.
Well, here's my new prediction on the POG, as if anyone cares!! So I'm thinking the POG will slowly start coming up again but I don't know how much at all. All I know is I stopped buying on 8/4 but not because the price went down as it's still above the all time high of 2011 so that's a promising sign to me! Within 1-2 weeks from today we will see some movement! Problem is, I think it's gonna go up but you never know with gold. Anyone else have a gut feeling on the POG?
The pm's will continue to go up until after November, at least that's what I think but they will move slower than they have so far this year. All this is if everything stays the same.
Agreed, definitely slower! December should come in looking good and strong and I don't think it's gonna matter who wins in November!
To be honest, gold would probably go up MORE if my candidate loses. That's why I have gold -- as insurance if something goes wrong from my perspective.
Yes very simple August 27 2011 Silver $41.50 August 27 2011 Gold $1655.50 Very simple. If you were buying silver, you would have lost so much that you would have stopped buying and thus have more "money". Whereas if you bought Gold you would have gained so much as soon as you get more money, you would use it to buy more Gold. Thus having a lot of gold but less "money". Very Simple. Lol
As the dollar weakens, gold rises, The weak dollar attracts buying interest across the pond for foreigners cause it affordable they say...