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Author: [Investments] Topic: what % of your portfolio/net worth is in precious metals
dimedimenickel send a private message View Space | Blog | Friends | Playbook | My Sportsbook: 5Dimes |
dimedimenickel
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#1
Posted: 1/18/2011 7:23:16 PM
Taking an informal poll here to get a sense of how many guys are long precious metals (gold, silver, palladium, platinum, etc) via the physical metal or equivalent futures (etf included) and what % of there portfolio/net worth is in the trade.

Trying to get a sense if people are in this trade in a small way or big way right now.  I see the commercials on gold and I'm assuming retail is in this trade in a large way.  

My allocation is as follows:

Gold:  zero %
Silver: zero %
Other metals: zero %

Only thing that comes close is I have a 15% position in met coal stocks (anr, pcx).  

Thanks in advance.  Also curious if those have any opinions on how this trade will look 1-2 years out.
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LuckyLuke send a private message View Space | Friends | Playbook |
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#2
Posted: 1/19/2011 2:08:38 PM
i have 10% & SLV- planning to buy few physical bullion's as well.
i will stop with SLV when i hit 15-18% of total portfolio

i have very strong opinion about URA will try to get about 7-10% soon.

Also looking into  J. Deer, Abbott and CAT but thats very expensive.
wont diversify past that.  u can see my portfolio on different thread.
last year hit +17%

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dawniewags send a private message View Space | Blog | Friends | Playbook | My Sportsbook: BetJamaica.com |
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#3
Posted: 2/19/2011 8:11:50 PM

PLATINUM GOLD and SILVER 100% of my money is tied up in these precious metals

I own  5 lbs of Platinum  $112,000  8 lbs of gold $166,400 and 15 lbs of silver $15,600 so total worth is $294.000 current

physically locked away in a safe in my home !

safest best investment i ever made  if i need funds i go sell a lb or two when prices are highest !

 

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JEFFMARKETCAP
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#4
Posted: 2/20/2011 9:35:43 AM
QUOTE Originally Posted by dawniewags:

PLATINUM GOLD and SILVER 100% of my money is tied up in these precious metals

I own  5 lbs of Platinum  $112,000  8 lbs of gold $166,400 and 15 lbs of silver $15,600 so total worth is $294.000 current

physically locked away in a safe in my home !

safest best investment i ever made  if i need funds i go sell a lb or two when prices are highest !

 

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Jamill24 send a private message View Space | Friends | Playbook | My Sportsbook: Westgate Las Vegas Superbook |
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#5
Posted: 2/21/2011 12:46:53 AM
Just got out of SLV on Friday, jumped in at 26.  Will look for re-entry around 30-30.50  
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be easy send a private message View Space | Blog | Friends | Playbook |
be easy
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#6
Posted: 2/21/2011 8:53:39 AM
QUOTE Originally Posted by Jamill24:

Just got out of SLV on Friday, jumped in at 26.  Will look for re-entry around 30-30.50  


good luck with that

when it dipped to 26ish, i thought about dumping more of mine. But that quick run back to 30's and now busting thru new highs to 33+, i went on ebay to see what i could list some rolls of eagles for, and it seemed as if they were selling as high as 38$ each

I'll be damned if i'm selling into the march to 50
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Jamill24 send a private message View Space | Friends | Playbook | My Sportsbook: Westgate Las Vegas Superbook |
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#7
Posted: 2/21/2011 2:39:54 PM
QUOTE Originally Posted by be easy:



good luck with that

when it dipped to 26ish, i thought about dumping more of mine. But that quick run back to 30's and now busting thru new highs to 33+, i went on ebay to see what i could list some rolls of eagles for, and it seemed as if they were selling as high as 38$ each

I'll be damned if i'm selling into the march to 50

I  agree completely, this is going to $50 IMO, but I do think we have a couple days of consolidation, maybe 2-3 days...Regardless of where it is, I will get back in.  Just hoping for a small dip and will pounce again.   

BTW, I had 50% of my portfolio in SLV, once I jump back in I will move to a 60-75% position.
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Jamill24 send a private message View Space | Friends | Playbook | My Sportsbook: Westgate Las Vegas Superbook |
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#8
Posted: 2/21/2011 3:13:38 PM
Just saw that Silver is up to $33.85,  completely guessed wrong on the continued run.  Looks like it will be a Tuesday morning gapper for SLV.    DAMN!
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dimedimenickel send a private message View Space | Blog | Friends | Playbook | My Sportsbook: 5Dimes |
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#9
Posted: 3/2/2011 6:20:49 PM
I took a poll here, on the trading desk, and with some of what I would call seasonal investors.

What I found is that most of these guys, not all, but 95% (took a poll of 50+)  do not own any silver/gold or very little.  

I think most feel underallocated this asset.  

Good luck.

Price targets here are SLV hits $43 and GLD hits $1750 both over the next 12 months.  I'm buying leaps.


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pederson16 send a private message View Space | Blog | Friends | Playbook |
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#10
Posted: 3/14/2011 9:02:15 PM

currently about 60% in slv oil and gld long term and ugl, agq, dyy, shorter term movement plays,..... got in agq at 127  but only own 100 shares currently bc i sold most around 150 and 175 levels...always good trade to take gains..... another 20% in energy etfs and the rest in cash to trade

i'd highly suggest commodity and energy stocks/etfs/funds whatever you are partial to and can get in to

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#11
Posted: 3/15/2011 2:11:43 AM
It is about 5-15%
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dimedimenickel send a private message View Space | Blog | Friends | Playbook | My Sportsbook: 5Dimes |
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#12
Posted: 5/5/2011 9:42:12 PM
ABANDON SHIP.....

BEEN A GREAT RIDE.  SOLD SLV AT 41.....KICKED MYSELF FOR ABOUT 2 WEEKS...NOW I WATCH IN AWE AT THE CARNAGE.  

Looks like I started my post when SLV was about in the 6th inning....this trade is officially broken.   GAME OVER.

I won't even consider re-entering until the 26-28s.

GOOD LUCK TO ALL.  
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