Search found 587 matches

by whatchamacallit
Mon Jun 20, 2022 8:06 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3543
Views: 1079916

Re: The GOLD scream room

Some more on Uganda gold discovery.

https://youtu.be/wNSZ_VIHlWk
by whatchamacallit
Fri Jun 17, 2022 8:35 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3543
Views: 1079916

Re: The GOLD scream room

by whatchamacallit
Thu Jun 16, 2022 6:05 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3543
Views: 1079916

Re: The GOLD scream room

Uganda says exploration results show it has 31 million tonnes of gold ore https://www.mining.com/web/uganda-says-exploration-results-show-it-has-31-million-tonnes-of-gold-ore/ Story sounds suspicious. Found this article from last year that says otherwise. But the East African nation itself is not r...
by whatchamacallit
Mon Jun 13, 2022 11:56 pm
Forum: Cash
Topic: Bank run currently happening in China?
Replies: 12
Views: 326

Bank run currently happening in China?

There’s a run on Chinese banks and it’s being ignored by the world
https://www.asiamarkets.com/chinese-banks-run/
by whatchamacallit
Sat May 21, 2022 9:51 am
Forum: Bonds
Topic: The 20 basis point per year rule-of-thumb
Replies: 18
Views: 1978

Re: The 20 basis point per year rule-of-thumb

But how big is the difference? And does it overcome the fact that with a barbell approach, you have the added flexibility of using your emergency fund as part of the cash portion of the portfolio, as well as the possibility of adding I Bonds to juice portfolio returns during times like these? Just ...
by whatchamacallit
Wed May 18, 2022 3:38 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin's U.S. ETF begins trading
Replies: 5
Views: 1254

Re: Bitcoin's U.S. ETF begins trading

Good reminder. It looks like this fund almost hit the exact top. Impressive.
by whatchamacallit
Tue May 17, 2022 3:26 pm
Forum: Bonds
Topic: The 20 basis point per year rule-of-thumb
Replies: 18
Views: 1978

Re: The 20 basis point per year rule-of-thumb

Initially I was wondering if this rule would save you from buying into long term treasuries when you shouldn't be but looking back at historical charts this doesn't look to be the case. Some of the best times to have 30 year treasuries actually appear to be when the yield curve is flat with elevated...
by whatchamacallit
Mon May 16, 2022 9:57 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3543
Views: 1079916

Re: The GOLD scream room

I don't know about ETFs causing trouble. I still think it is more that the population doesn't even think about owning gold. What was it like to buy gold in the 70s? Were there gold dealers everywhere or was it just a niche thing? What are people buying now to hedge inflation? I guess what I have see...
by whatchamacallit
Mon May 16, 2022 8:33 pm
Forum: Bonds
Topic: The 20 basis point per year rule-of-thumb
Replies: 18
Views: 1978

Re: The 20 basis point per year rule-of-thumb

Is this something that needs to be applied to the "Permanent Portfolio"? It would have saved a lot of grief this year over long term treasuries. I found this other post on bogleheads https://www.bogleheads.org/forum/viewtopic.php?t=46704 The post mentioned Larry' Swedroe's 2006 book: The Only Guide ...
by whatchamacallit
Sun May 15, 2022 9:17 pm
Forum: Bonds
Topic: Intermediate Term Treasuries (instead of cash)
Replies: 8
Views: 333

Re: Intermediate Term Treasuries (instead of cash)

2 or 3 year treasuries look to be the best bet to me. https://www.investing.com/rates-bonds/usa-government-bonds VGSH is a cheap way to accomplish if you want a fund instead of buying direct. https://investor.vanguard.com/etf/profile/VGSH I have been trying to find a more detailed explanation of Lar...
by whatchamacallit
Sat May 14, 2022 12:09 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalancing advice needed
Replies: 26
Views: 1047

Re: Rebalancing advice needed

I think taxes are one of those things that are guaranteed. I am not in the withdrawal phase but in my head, I expected to just sell from the asset that is up at the moment. That may then prevent a need to rebalance and also forces you to sell high. It would also spread out your taxes to each year in...
by whatchamacallit
Thu May 12, 2022 9:16 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalancing advice needed
Replies: 26
Views: 1047

Re: Rebalancing advice needed

Historically, equal parts stock, long treasury and gold has outperformed the permanent portfolio but with deeper drawdowns. Since we have already had quite the drawdown, it sure seems like the correct answer would be to stay where you are at. https://www.portfoliovisualizer.com/backtest-asset-class-...
by whatchamacallit
Tue May 10, 2022 6:59 pm
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 41
Views: 7683

Re: Jeffrey Gundlach on PP

eh, this is data worth knowing "wellesly income with 40% equities is down just 8,41% ytd compared to the permanent portfolio now minus 10.50%" Ride isnt over tho Am I looking at this right? Wellesley is up only 1% after 5 years when you don't include dividends. Vanguard Wellesley® Income Fund Inves...
by whatchamacallit
Mon May 09, 2022 9:46 pm
Forum: Permanent Portfolio Funds
Topic: PRPFX made new market watch article
Replies: 0
Views: 609

PRPFX made new market watch article

Light shining on permanent portfolio again due to recent stock market declines.

https://www.marketwatch.com/story/drive ... 1652095555
by whatchamacallit
Sat May 07, 2022 12:12 am
Forum: Cash
Topic: William Bernstein on Cash holdings (T-Bills)
Replies: 7
Views: 805

Re: William Bernstein on Cash holdings (T-Bills)

Does anyone else get this image in their head when listening to Bernstein?

The Dude
Image
by whatchamacallit
Thu May 05, 2022 4:18 pm
Forum: Cash
Topic: William Bernstein on Cash holdings (T-Bills)
Replies: 7
Views: 805

Re: William Bernstein on Cash holdings (T-Bills)

Great listen. I seem to always enjoy Bernstein.

Thanks for posting.
by whatchamacallit
Tue May 03, 2022 10:19 pm
Forum: Permanent Portfolio Discussion
Topic: Is This a Tight-Money Recession?
Replies: 13
Views: 807

Re: Is This a Tight-Money Recession?

It might be the Chinese developer defaults causing the tight money

China’s Restructuring Firms Staff Up for Record Wave of Defaults
https://archive.ph/eTu8G
by whatchamacallit
Mon May 02, 2022 9:38 pm
Forum: Permanent Portfolio Discussion
Topic: Is This a Tight-Money Recession?
Replies: 13
Views: 807

Re: Is This a Tight-Money Recession?

I think so too. I found this quote from review of book: https://taylorpearson.me/bookreview/fail-safe-investing/ Stocks take advantage of prosperity. They tend to do poorly during periods of inflation, deflation, and tight money, but over time those periods don’t undo the gains that stocks achieve d...
by whatchamacallit
Mon May 02, 2022 3:10 pm
Forum: Gold
Topic: Silver Coins - why are eagles marked up so much?
Replies: 8
Views: 611

Re: Silver Coins - why are eagles marked up so much?

I have heard recently that it is specifically a shortage of silver eagles being produced. The dealers get their allotment from the Treasury and then have to go to open market if that doesn't cover demand. The open market will only sell at higher premiums. This causes the average premium to be higher...
by whatchamacallit
Thu Apr 28, 2022 3:22 pm
Forum: Permanent Portfolio Discussion
Topic: Some edge questions for calculating / thinking about my PP
Replies: 6
Views: 445

Re: Some edge questions for calculating / thinking about my PP

If you are potentially buying a house you might still keep larger chunk in cash outside of retirement account. https://m.investing.com/rates-bonds/u.s.-2-year-bond-yield 2 year Treasury paying 2.65 right now sure looks juicy. Hard to stomach buying a 30 year only paying 2.90. Doesn't seem worth the ...
by whatchamacallit
Tue Apr 26, 2022 3:11 pm
Forum: Cash
Topic: Does DXY show dollar increasing in value?
Replies: 5
Views: 615

Re: Does DXY show dollar increasing in value?

Dxy up 12.59% in last year now. My understanding of what I have heard is all the dollar denominated debt is needing to be paid off. That causes the demand for the dollars and selling of everything else to get the dollars. The would include the selling of long bonds making rates go up there even thou...
by whatchamacallit
Sat Apr 23, 2022 5:39 am
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 41
Views: 7683

Re: Jeffrey Gundlach on PP

https://youtu.be/FJ8AfnuhqA0

Gundlach still recommending Permanent Portfolio but replaces gold with commodities.
by whatchamacallit
Fri Apr 22, 2022 2:23 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3543
Views: 1079916

Re: The GOLD scream room

https://goldprice.org/gold-price-japan.html


Gold looks to be doing its job in Japan.

Up over 30% in a year.
by whatchamacallit
Fri Apr 22, 2022 10:06 am
Forum: Cash
Topic: Does DXY show dollar increasing in value?
Replies: 5
Views: 615

Does DXY show dollar increasing in value?

https://www.investing.com/indices/usdollar I know there are lots of fears around the dollar losing reserve status and losing it's purchasing power. The DXY index has dollar up over 10% over the last year. Does anyone think this is no longer an accurate measurement? Where is capital flowing if not to...
by whatchamacallit
Sun Apr 17, 2022 1:09 pm
Forum: Other Discussions
Topic: Secret IRS files reveal the top US income-earners and how their tax rates vary more than their incomes.
Replies: 10
Views: 451

Re: Secret IRS files reveal the top US income-earners and how their tax rates vary more than their incomes.

pugchief wrote:
Sun Apr 17, 2022 12:40 pm
I'll bet that ^ guy gets lots of dates.
I bet you are right on this.

I am sure he has the needed parasite.

viewtopic.php?f=9&t=12576