“I did cut our gold position in our model portfolio earlier this year. And then I started adding again in this corrective phase.”

David Rosenberg · Macro Voices · MacroVoices #552 David Rosenberg: Navigating The Noise

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What was described

Cut the gold position in his model portfolio earlier in the year and then added back into gold during the corrective phase

Said nearby on the same subject

“We then collected those corrections and then basically fed them back into the training data, retrained the models. They then got better.”
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Said on The Leadership in Insurance Podcast - Insurtech & Innovation
How they work Share this moment
“We're one of the lowest-cost gold producers in the world. And that is the best defence against a low gold price.”
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Said on Business Now with Ross Greenwood
Business model Share this moment
“They point to the gold oil ratio. Historically, gold has been 20 times oil. Let's use $4,000 as a round number. That would place crude at 200.”
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Said on Monetary Matters with Jack Farley
Why it worked gold 20 times oil; $4,000 gold price implies crude around $200 Share this moment
“We call it the gold service… you’d go… clean every six months… If he got just 20% of them buying that gold service… that’s 6,000 extra sales… final increase in the business was 100%.”
♫
Said on Tony Robbins Podcast Daily
Business model 30,000 clients; 10,000 sales per year; target 20% uptake = 6,000 extra… Share this moment

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