Search found 11 matches

by hazlitt777
Fri Jan 16, 2015 8:52 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 2626
Views: 522995

Re: The GOLD scream room

I must say after two negative years, it is fun to watch gold's big up trend these past days make the nay sayers uncomfortable. 
by hazlitt777
Wed Jan 14, 2015 1:22 pm
Forum: Permanent Portfolio Discussion
Topic: Poll: The Great Inflation
Replies: 30
Views: 7119

Re: Poll: The Great Inflation

They can say QE3 ended, but who is buying the over 1 trillion of new debt we added over the last year?  Banks, investors seeking safety.  PP denizens. The usual. The increase in debt didn't stop in October. The deficit has been shrinking, but I expect you are right that it is still positive (i.e. o...
by hazlitt777
Wed Jan 14, 2015 12:09 pm
Forum: Gold
Topic: What form of physical gold to buy?
Replies: 18
Views: 6267

Re: What form of physical gold to buy?

I recommend buying one ounce Krugerrands or one ounce Eagles.
by hazlitt777
Wed Jan 14, 2015 12:08 pm
Forum: Gold
Topic: Gold FAQ
Replies: 6
Views: 22815

Re: Gold FAQ

The link in the first post doesn't work.  I'm wondering if someone could restore or fix it?
by hazlitt777
Wed Jan 14, 2015 7:32 am
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4370
Views: 472892

Re: Figuring Out Religion

Later on, when I have some more time, I will try to respond to some of the questions here.  For now, I would recommend you taking a look at the Catechism of the Catholic Church to get an overview of what we believe and why we believe it.  There will be much there that other Christians would agree wi...
by hazlitt777
Tue Jan 13, 2015 9:12 pm
Forum: Gold
Topic: Buy Gold Coins At Spot
Replies: 6
Views: 2747

Re: Buy Gold Coins At Spot

In case anyone is interested - I checked Gainesville Coin website this afternoon and I see they are selling Austrian 100 Corona coins for spot.  Normally these coins go for about $10-14 over spot. FYI - these coins contain 0.96 oz gold and normally you can sell them for a little under spot so they ...
by hazlitt777
Tue Jan 13, 2015 9:06 pm
Forum: Permanent Portfolio Discussion
Topic: Poll: The Great Inflation
Replies: 30
Views: 7119

Re: Poll: The Great Inflation

So why don't we have higher rates despite the Guns 'n Butter of the last 12 years? I believe those rates have been kept down by the Fed purchasing any unsold bonds, thus the rates do not have to go up to attract private market buyers. QE3 ended in October, and 30-year treasury rates, which many sai...
by hazlitt777
Tue Jan 13, 2015 12:43 pm
Forum: Permanent Portfolio Discussion
Topic: Poll: The Great Inflation
Replies: 30
Views: 7119

Re: Poll: The Great Inflation

From my knowledge of the period, it was guns and butter.  We couldn't find the money through borrowing or taxation.  So the Federal Reserve increased the money supply, and the net effect was an increase in prices. So why don't we have higher rates despite the Guns 'n Butter of the last 12 years? I ...
by hazlitt777
Mon Jan 12, 2015 8:41 pm
Forum: Stocks
Topic: Jim Rickards Says Stock Market Collapse Inevitable And Probably Coming Soon
Replies: 21
Views: 8040

Re: Jim Rickards Says Stock Market Collapse Inevitable And Probably Coming Soon

I like James Rickards.  He seems very calm and thoughtful.  Also, his mantra is to be diversified.  I believe he does say no more than 20% in gold, which I disagree with.  But he is consistent and doesn't promote market timing...quite the contrary.
by hazlitt777
Mon Jan 12, 2015 8:33 pm
Forum: Permanent Portfolio Discussion
Topic: A Simpler Easier Permanent Portfolio
Replies: 13
Views: 3519

Re: A Simpler Easier Permanent Portfolio

I have a hard time putting 25% of my money in cash.  Instead, last year I put my cash allocation like this:  80% Wellesley Income and 20% gold.  I know it's not as robust from a counterparty risk standpoint but it should be slow steady grower, sort of like a PP within a PP.  I just played around wi...
by hazlitt777
Mon Jan 12, 2015 8:30 pm
Forum: Permanent Portfolio Discussion
Topic: Poll: The Great Inflation
Replies: 30
Views: 7119

Re: Poll: The Great Inflation

From my knowledge of the period, it was guns and butter.  We couldn't find the money through borrowing or taxation.  So the Federal Reserve increased the money supply, and the net effect was an increase in prices.