Finally some good news for B shareholders. These guys must be contenders for worst managed gold mining company.
Immediate thought reaction: what does BRK.B have to do with this topic? And what news could that be? Did Warren buy gold?!?
Next sentence cleared it up already.
Nope. 10 years ago or so I started buying 2 x 100gr bars each December. Part diversification, part āif the shit hits the fanā strategy, part investment. Eventually I stopped as prices were going up which annoyed me as my aim was to build a 2kg position (am far from that). Now thoughā¦ with prices where they areā¦ itās getting really tempting to liquidate.
Crazy, today, not 3 months later (from begin Oct):
Gold +15%
Silver touching $80/oz = +60%
Gold:Silver ratio now down to 55.
Iām selling a bit (since around > $50) every +6 or 7% increase 
and now, since my bankās trading-telephone-line closed on December 23rd, itās already +13% again. 
What is going on? The Hunt brothers at it again? Or is it the Han brothers this time?
to keep within my target allocation.
Looks like TSHTF already and is hitting harder as the years go by. Who would have thought that USD would be weaponized and BRIC countries would move towards precious metals. That rules and values based politics would be thrown out to make place for survival of the fittest.
Who would have thought Europe would want to spend a lot of money to prepare for defense or worse. Only, there is no easy money so they have to print it or tax citizens more.
Switzerland is still an island of the blessed. Iām keeping gold for another year without adjusting the allocation. Precious metal is approching 50% of my portfolio which is against everything I have been told. Thereās one thing I might do: switch silver back to gold when the ratio goes below 50 (this is the 80/50 strategy).
1 Like
Hear an interesting one liner today: as long as there is no floor on the dollar, thereās not going to be a ceiling on gold.
I was tempted past weeks to sell my physical gold (held at home in my vault) but am going to stick with it after all for the long term.
1 Like
Can you share your address so I can send you a postcard of my next holiday trip!
4 Likes
Goldcoast, CH 
1 Like
Silver price has gone insane. Could it get more insane. Iām thinking of shorting it. Maybe that is the most insane.
3 Likes
Yesterday, I thought I missed the top. Today, it rebounded like several times before. Meanwhile, Iām going with a mental model of a train that canāt be stopped. What a ride!
If the USD keeps dropping a bit more, we will soon experience a āno ceilingā situation on many more assets not just Gold. These USD losses are crazy and utterely scary.
Trump Says Heās Not Concerned With US Dollarās Decline
What, me worry?
How did thisā¦thingā¦become POTUS?
3 Likes
I was too chicken to short, but silver down to $96 an oz.
I look back to 9/11 as the moment when the US took a very different turn. Wās (policy) reactions ultimately leading to a swing towards Obama leading to a swing towards Trump 1 etc. etc. and the moderate middle has gotten lost.
1 Like
It seems like precious metals are going to be the meme stock of 2026.
I told you so already, gold is the new bitcoin (which used to be the new gold)
Next:
āBuying Gold or staying in BTCā
2 Likes
Didnāt want to catch a falling knife and waited too long. Now got a snapback. Iām just going to stay out of gold and accumulate bitcoin 
1 Like
