I'll watch it tonight on the second monitor next to the adult movies. It's more exciting anyway and with a bit of luck it will confirm my confirmation bias, as I'm getting my gold out as soon as I can sell it tax-free. Not because of the price but more fundamental thoughts on gold.
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@SchlaubiSchlumpf Funny, I'm also reducing my holding from 4 to 2%. It's only supposed to be a reserve for drawdowns. And the correlation with equities is not negative enough for that.
However, the negative correlation becomes stronger when the drawdowns in equities reach extreme values.
However, the negative correlation becomes stronger when the drawdowns in equities reach extreme values.
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@SchlaubiSchlumpf I am currently more concerned with other topics. Leveraged portfolios. 1.5-fold leveraged 60/40 portfolios and 1.2-fold leveraged all equity portfolios. The former would be via futures on bonds. Of course, phases such as 2022 would be problematic for the 60/40 portfolios. I would have to see how this looks in backtests.
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•@TotallyLost You could also do something with gold futures. But if you don't have a portfolio worth millions, you would probably have to take on too much exposure.
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