Search found 26 matches

by China Bull
Fri Apr 19, 2013 10:51 pm
Forum: Permanent Portfolio Discussion
Topic: Is the PP designed to accomodate something unique in history - U.S. bankruptcy
Replies: 72
Views: 39206

Re: Is the PP designed to accomodate something unique in history - U.S. bankruptcy

Good points by all and i enjoy the spirited debate by the frequent contributors to this site. I'm especially curious how Harry Browne would hypothetically look at the world today through libertarian and Austrian eyes  and how he may or may not have altered the PP to deal with today's reality. It is ...
by China Bull
Fri Apr 19, 2013 11:37 am
Forum: Permanent Portfolio Discussion
Topic: Is the PP designed to accomodate something unique in history - U.S. bankruptcy
Replies: 72
Views: 39206

Re: Is the PP designed to accomodate something unique in history - U.S. bankruptcy

Be careful if some of you are prejudice against Schiff. First, Schiff is a die hard Austrian guy (as Harry Browne was as well - HB whole economics background and thus one could argue the PP we have here, is based on Austrian economics as a building block). HB and Peter Schiff knew each other, appare...
by China Bull
Sun Apr 14, 2013 7:12 pm
Forum: Gold
Topic: Gold plunges into bear market territory
Replies: 14
Views: 8533

Re: Gold plunges into bear market territory

Just in case one wants to know how this side of the world sees big gold price drop on Friday. My wife practically dragged me to the jewlery shop today in Shanghai. Wanted an early start on Mothers day  :) Low bullion prices lure shoppers Author: Hu Xiaocen PublishTime: 2013-04-15 01:07:51 SHOPPERS s...
by China Bull
Sat Apr 13, 2013 1:04 pm
Forum: Permanent Portfolio Discussion
Topic: What to do if WAR starts with North Korea?
Replies: 31
Views: 11299

Re: What to do if WAR starts with North Korea?

I'm sorry but i do not trust at all, nada, 0% our intelligence on north korea. We've heard numerous contradictions already this week on north korea s capabilities. We simply do not know and scary to think Dennis Rodman is the only American to get close enough to Lil' Kim to have a conversation. I,m ...
by China Bull
Fri Apr 12, 2013 12:19 pm
Forum: Gold
Topic: Goldman Sachs: Short Gold!
Replies: 9
Views: 6615

Re: Goldman Sachs: Short Gold!

Thank you GS and JPM and other Fed junky "banks". Me and my other smart Asian investors owe you one, although you almost caught us off guard w the time difference. Almost went to bed too early before you unloaded more naked shorts on the market.You just did us a HUGE favor by manipulating ...
by China Bull
Sun Apr 07, 2013 1:25 am
Forum: Other Discussions
Topic: The Next President of the United States
Replies: 75
Views: 26152

Re: The Next President of the United States

Hopeless  and Clueless ver 2 ? She could possibly win (never underestimate the stupidity of the sheeple in the US)  but after the utter destruction this country will be left behind by Buck Ofama and congress, not sure any sane person would want the job of the next POTUS.  Utter destruction....thats...
by China Bull
Sat Apr 06, 2013 4:37 am
Forum: Other Discussions
Topic: The Next President of the United States
Replies: 75
Views: 26152

Re: The Next President of the United States

Hopeless  and Clueless ver 2 ? She could possibly win (never underestimate the stupidity of the sheeple in the US)  but after the utter destruction this country will be left behind by Buck Ofama and congress, not sure any sane person would want the job of the next POTUS. 
by China Bull
Sat Apr 06, 2013 3:56 am
Forum: Gold
Topic: 80 Years Ago Today (or why geo-diversification)
Replies: 3
Views: 3037

Re: 80 Years Ago Today (or why geo-diversification)

If someone posted that in public today it would be riddled with holes from bullets peppering it. It is truly fascinating to talk to my great uncle, who is 105 yrs old and still pretty sharp, about the great depression. He said that at that time there was a fairly patriotic vibe about the public and ...
by China Bull
Sat Apr 06, 2013 12:54 am
Forum: Other Discussions
Topic: Here's What Happened The Last Time The Fed Owned All Outstanding Treasuries
Replies: 66
Views: 27594

Re: Here's What Happened The Last Time The Fed Owned All Outstanding Treasuries

k shartle, i think your assessment is correct or has a high degree of probability. We are living in unchartered waters right now, economically, geopolitically. We are not witnessing Keynesian economics - i think he is turning in his grave when people now are pasting his name on the current economic ...
by China Bull
Fri Apr 05, 2013 11:08 pm
Forum: Variable Portfolio Discussion
Topic: Gold mining mutual funds
Replies: 2
Views: 3169

Re: Gold mining mutual funds

Tocqueville seems to be one of the better ones that i've researched and i've parked some money there recently. it includes both major and junior miners as well as even holding  about 8-9% in physical gold. they have their own research team that visits mines,etc.Although mining stocks are getting ham...
by China Bull
Fri Apr 05, 2013 9:54 pm
Forum: Permanent Portfolio Discussion
Topic: An Observation
Replies: 14
Views: 5439

Re: An Observation

I know it means very little in the overall scheme of things but it brings me to my observation which is that after watching it for three years I think the PP does a lot better with bad economic news that it does with good. I concur. The PP has two flight-to-safety assets and only one prosperity ass...
by China Bull
Fri Apr 05, 2013 3:52 am
Forum: Cash
Topic: Quality currencies?
Replies: 10
Views: 6248

Re: Quality currencies?

If you were forced to diversify your cash holdings from USD, which currencies you would choose? Also, what is your opinion about pegged currencies? For example, many seem to consider HKD a solid currency which happens to be pegged to USD. Maybe owning HKD as part of the cash holdings might be usefu...
by China Bull
Fri Apr 05, 2013 3:14 am
Forum: Gold
Topic: Sell all gold and return later?
Replies: 33
Views: 19624

Re: Sell all gold and return later?

patience, my friend.
by China Bull
Fri Apr 05, 2013 1:17 am
Forum: Permanent Portfolio Discussion
Topic: The 5th Pillar of the PP has arrived!
Replies: 52
Views: 25611

Re: The 5th Pillar of the PP has arrived!

bitcoin- Three words worry me about it - "internet kill switch". Now that the Feds are getting anxious about this bitcoin, i see it as something to take seriously. Think about it, more and more people are starting to participate in the "underground" economy. Bitcoin perfect for t...
by China Bull
Sun Feb 24, 2013 8:48 am
Forum: Gold
Topic: Hard Asset Alliance
Replies: 7
Views: 8860

Re: Hard Asset Alliance

Once i am registered and open an account, i plan to entrust them with some of my gold holdings. I'll be happy to report on how they are but to be fair i have not used anyone yet for offshore holdings of gold so nothing to compare it with. they are essentially a front for Gold Bullion International, ...
by China Bull
Tue Feb 19, 2013 12:18 am
Forum: Permanent Portfolio Discussion
Topic: Implementing GLOBAL PP
Replies: 23
Views: 13254

Re: Implementing GLOBAL PP

i would second the opinion here that it would be prudent to consider multiple, maybe 2 but not more than 3 versions of PP with perhaps US, Europe and Asia blend. I think these could be set up using 2 or 3 currency bases - USD, Euro/Swiss and perhaps a Singapore dollar or even Hong Kong dollar and RM...
by China Bull
Tue Feb 19, 2013 12:02 am
Forum: Gold
Topic: Hard Asset Alliance
Replies: 7
Views: 8860

Hard Asset Alliance

http://www.hardassetsalliance.com/ Might be worth a look if you are looking for an online service to buy/sell gold and silver and want to store outside the US or in the US (non-US investor). A good write up on it can be found here:http://buyandstoregold.com/hard-assets-alliance-review/. One supposed...
by China Bull
Mon Jan 28, 2013 3:19 am
Forum: Gold
Topic: Timing gold purchase?
Replies: 4
Views: 3443

Re: Timing gold purchase?

Gosh, everything to me screams gold still has a long ways to go upward ,especially as things looking dicey for the USD. Especially if the rest of your portfolio is USD. But again, who knows what will happen, so best to at least have around 20-25% in gold
by China Bull
Sun Jan 27, 2013 3:06 am
Forum: Gold
Topic: Biggest Event in Gold since 1971?
Replies: 32
Views: 15531

Re: Biggest Event in Gold since 1971?

i heard they still will keep 50% of their gold reserves split between US and London, still..... something fishy is about to happen. Dutch and several other countries also want their gold returned to them.
by China Bull
Sat Jan 26, 2013 7:35 am
Forum: Permanent Portfolio Discussion
Topic: Geographic diversification in gold stored in Hong Kong, a good idea?
Replies: 12
Views: 7555

Re: Geographic diversification in gold stored in Hong Kong, a good idea?

globalcash, i'm by no means an expert, but i have contemplated some of the same ideas as you. i have lived in Hong Kong, Singapore and currently Shanghai- total for 20 of past 25 yrs. in these locales. Overall, i can say that SGP might offer a bit longer term safer place to have gold storage than HK...
by China Bull
Sat Jan 26, 2013 6:47 am
Forum: Permanent Portfolio Discussion
Topic: Difficult Times
Replies: 124
Views: 47685

Re: Difficult Times

budd,

don't worry. bears will have their day, and likely soon. This market has so many things likely to pull it down in the next 3- 6 months.
by China Bull
Tue Jan 22, 2013 2:45 am
Forum: Permanent Portfolio Discussion
Topic: Asset Class Correlations
Replies: 6
Views: 4773

Re: Asset Class Correlations

Clacy, "They have huge structural and demographic problems there.  Their entire government and much of their economy is relying heavily on QE.  Look at what their stock market has done since November.  It's gone up significantly." I had to read your comment twice to make sure i was reading...
by China Bull
Tue Aug 03, 2010 12:47 am
Forum: Gold
Topic: Wasn't it Mark Twain who said "there are lies and then there are damn lies" ?
Replies: 4
Views: 4816

Wasn't it Mark Twain who said "there are lies and then there are damn lies" ?

check this link to a Vanguard blog http://www.vanguardblog.com/2010.07.26/gold-rush.html

There are plenty of historical data and charts showing golds price, but this is the first time i've seen it from this perspective.

What to make of it in your opinion ?
by China Bull
Wed Jul 07, 2010 10:23 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in a taxable account better than a CD ?
Replies: 11
Views: 8799

Re: Permanent Portfolio in a taxable account better than a CD ?

thanks pkg man, Clive, et al. this forum is full of smart, but not egotostical, investors and willing to share their . it is apparent all have put deep thoughts into the PP - we have to get out of our way sometimes and not tinker with things like this.
by China Bull
Wed Jul 07, 2010 3:00 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in a taxable account better than a CD ?
Replies: 11
Views: 8799

Re: Permanent Portfolio in a taxable account better than a CD ?

pkg man and mcclary, thanks for your input. i need to think this thru again from the standpoint that for me, in my situation and goals, that the PP is in fact more risky than just siiting on some ST treasuries,gold and some foreign currency and just take out stocks and LT bonds altogether - i don't ...