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Paper or plas, er, gold?

renman95renman95 Posts: 7,037 ✭✭✭✭✭
in Precious Metals

GOLD (paper) is $14.50, up from $12.34 when I bought it mid January. Up 17.5%, and....it yields 2.25% (.28/shr). ;)

Gold, mid January, was $1,290 when I bot the paper. Today gold is $1,315.10. Up 1.9%, no divy.

Anyone else stacking paper?

I know one other fellow comrade is...

:p

Comments

  • derrybderryb Posts: 36,823 ✭✭✭✭✭
    edited March 27, 2019 6:53AM

    NUGT, JNUG, USLV and non-gold TVIX. Don't hold any of them long. Don't stack 'em, shuffle 'em. Buy the dips, sell the tips. Wash, rinse, repeat.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cohodkcohodk Posts: 19,123 ✭✭✭✭✭

    📈💰

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    No paper gold....I just like the real metal..... ;) Cheers, RickO

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭

    @ricko said:
    No paper gold....I just like the real metal..... ;) Cheers, RickO

    I like the real stuff too, just complimenting it.

  • jmski52jmski52 Posts: 22,850 ✭✭✭✭✭

    Read jsmineset for awhile if you're inclined to stack paper anything.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    :) !!!

    Timbuk3
  • rte592rte592 Posts: 1,670 ✭✭✭✭✭

    Plas, er gold :)

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