Dan, the BPR portfolio has been at a 40 percent allocation to gold and precious metals for several years. Since gold has appreciated more than the stock positions and far more than the cash position, gold would now be way above the 40 percent allocation in the recommended portfolio. Yet recently, you mentioned buying more gold on a pullback. Was there ever a recommendation to sell down some gold to maintain the 40 percent target? If the target is different now for long time holders could you comment on when (if ever) you’d recommend trimming back to 40 percent?
Dan, the BPR portfolio has been at a 40 percent allocation to gold and precious metals for several years. Since gold has appreciated more than the stock positions and far more than the cash position, gold would now be way above the 40 percent allocation in the recommended portfolio. Yet recently, you mentioned buying more gold on a pullback. Was there ever a recommendation to sell down some gold to maintain the 40 percent target? If the target is different now for long time holders could you comment on when (if ever) you’d recommend trimming back to 40 percent?
Wait… how did the portfolio make money on rare earths?
Dan, this is great stuff, but could you guide us to when did you mention rare earth investments to claim we were early in rare earths?
Waggle dance is also a great beer - I guess a fusion of ale and mead
Interesting development….there’s so much traffic currently on the Royal Mint website that you’re now placed in a queue to enter!
Funny, JP doesn’t have shipping listed anywhere. Just not glamorous enough I guess.