The Roth Accountant
217 posts
The Roth Accountant
@RothCompounder
CPA, personal tax preparation, corporate taxes, estate taxes, book keeping, financial reporting, ROTH and backdoor roth advocate
Inscrit le Nisan 2026
49 Abonnements49 Abonnés
5Y leader board
Liking $VT over chasing top sectors as you can be long the general world stock market without chasing something up 3, 4x plus already ( $SMH $URA $GLD $SLV $XLE ) etc but you still get exposure to all sectors..
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Typically new etfs sweep the lows at some point
$IBIT thoughts on us making new lows before new bull market @ozzy_livin AO indicator very cool for bitcoin
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$IBIT prob needs to sweep lows vs $VT to start a new bull run
@ozzy_livin
"I got into the bitcoin etf cause its guaranteed to beat equities.. think all those people get washed out then we start a new cycle"
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The Roth Accountant retweeté
$VT has a potential for another 12% of upside in 2026
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@NorthstarCharts #GOLD / $XOM headed towards zero div adjusted too
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It is HIGHLY UNLIKELY that oil will remain below $200/barrel in the years ahead. Indeed $300+ is probable.
Northstar@NorthstarCharts
If you expect oil to stay below $200/barrel for the next 5-8 years, you're ignoring 150 years of evidence 👇
Nice, France 🇫🇷 English
#GOLD closer to a 20-30 year top in real terms here
Doesn’t matter how “good the case for gold is”
That’s why it had the epic 25 year run , the market prices stuff in advance
Best case it bounces between 3-8k for a few decades
But in real terms the money was already made in gold
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@Brad_Setser That’s like saying Nasdaq is up b/c NASDAQ’s price is up
Gold’s price rising is the whole point
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Give me a break --
Gold's share is up b/c gold's price is up
China never (and I mean never!) expected to have access to the swap lines. Same for the GCC countries.
Dollar reserves stopped gowing b/c funds were directed into the state banks and SWFs
Izabella Kaminska@izakaminska
Deutsche’s George Saravelos highlights today that “the share of US dollars in central bank reserves is once more in decline. It has fallen from over 60% to just 40%, while gold’s share has tripled from its lows to 30% today.” And: “ EM central banks have been actively buying gold and driving upward pressure on prices; crucially - their FX reserves may also now begin to structurally decline. Of course another way to look at it is that they don’t have the dollars they necessarily need to defend their currencies in the event critical dollar swap lines are removed. In that light the gold is their next best hedge in case they are locked out.
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@corvette72778 @LukeGromen @jam_croissant Another one who bought someone else’s 10x+ adjusted for inflation thinking they are early cause podcasters and you tubers talk about how great gold is ^
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@RothCompounder @LukeGromen @jam_croissant stick to accounting because you don't know economics or charts.
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If the world is breaking up into blocs again, then this chart is going back to where it traded the last time the world was broken into blocs.
Gold is still one of the cheapest assets on the board - would need to rise 2-3x to mean revert (assuming CB reserves never rise again.)
Izabella Kaminska@izakaminska
Deutsche’s George Saravelos highlights today that “the share of US dollars in central bank reserves is once more in decline. It has fallen from over 60% to just 40%, while gold’s share has tripled from its lows to 30% today.” And: “ EM central banks have been actively buying gold and driving upward pressure on prices; crucially - their FX reserves may also now begin to structurally decline. Of course another way to look at it is that they don’t have the dollars they necessarily need to defend their currencies in the event critical dollar swap lines are removed. In that light the gold is their next best hedge in case they are locked out.
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The Roth Accountant retweeté
Cheap ?
It’s up 10x+ in real terms since the lows. Gold has had a bigger run then it did up to the 1980 Mania top.
People thought it was cheap in 1980
Too 👀
Can it go higher sure, but when gold is up over 10x vs inflation it’s gone above and beyond a “protector or purchasing power” the last 25 years
Who knows when the next 20-30 year period of no gain/losses against inflation happen for the untouchable metal
Hats off to whoever got into gold 25 years ago heck even 5 years ago
Gotta accept you’re very late to this move even if “the macro looks perfect for gold”
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@TheGovtHatesU @PeterLBrandt What’s a matter ? You buy someone else’s inflation adjusted 10x plus ?
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U.S. equity investors -- get ready for five to ten years of chop suey
During the past 100 years the S&P index chopped sideways for 54 years. That is 46 years of no new net gain (other than from dividends)
S&P Index is entering another major period of chop $SPX
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The Roth Accountant retweeté
@PeterLBrandt Rather be in equities than gold here
All the gold bugs will be humbled when they lose money in real terms for 20-30 year again
Anyone buying gold that’s up 10x+ adjusted for inflation is extremely late .. more over extended than 1980 👀🤝💯
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@NorthstarCharts Nice life enjoyment over charts
Well deserved 🚀
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