Such a defensive portfolio is probably effective at achieving its goals, at the cost of ease of access if you're really going to go all in on asset custodianship for your gold and cash. And of course this won't be free so the returns will be lower compared to more paper/liquid assets that expose yo...

I knew it. I could just tell. He's the kind of roofer who simply doesn't like metal roofs. That's fine. But it means this isn't the guy to install a metal roof for you. He may be great, decent, honest, trustworthy, the works... but he's not the right roofer if you want a metal roof. I already have ...

Things might make more sense if people shed the false dichotomy of D vs R and reframe it as establishment vs non-establishment (or regime vs non-regime, elites vs non-elites, etc. as you prefer). D and R are just two wings of the same bird. I totally agree. However, I've noticed the R's are current...

Life is struggle….no matter how far the human race advances in living standards we will just keep moving the goalposts and define the present as a “struggle”. What’s going to be a real struggle is trying to figure out how to relocate a billion people + coastal infrastructure if we don’t start takin...

It may be a coincidence, but today has been one of the most productive and optimistic days I've had in a long while. I don't think it is. I find it useful when I'm feeling stuck. Just the same patterns over and over again and I can't seem to improve things. Not much happens the day of, but over the...

So the market would transition smoothly to less polluting forms of energy on a timeline that coincided with the latest scientific research regarding climate change? I'm not saying what we have is working as far as government regulation, I'm just doubting that the alternative idea of some of the mos...

Seriously, what was she thinking? These idiots are in power for two years and now we're at war with two superpowers simultaneously.

Doing psilocybin tonight. See you guys when I come back from my trip! 8) Oh my god. Why is everything awesome. Uhhhhhh. Well, that was something. Haha, nice! Did you eat some mushrooms? Or some other method? Dosage? Was it a meaningful experience? I haven't done a proper psychedelic dose in awhile,...

Haven't read the contents of inflation reduction act so can't comment on it's effectiveness but what role does leadership or legislative action play in moving humanity into a new era of energy production? Their role should be to get out of the way. Energy is already one of the most regulated indust...

This is not an Inflation Reduction Act. It is in clown world. Queue the circus music. Screen Shot 2022-08-05 at 11.26.51 AM.png The stuff on the top is just estimates of money that will be saved. But you can count on the money under Total Investments being spent. Corporate tax will just be passed o...

And while the plan is scaled back from Biden's initial Build Back Better package, the latest bill -- named the Inflation Reduction Act -- would represent the largest investment in energy and climate programs in US history, extend expiring health care subsidies for three years and give Medicare the ...

I'm more in line with viewing the Golden Butterfly as a PP with a SCV "VP", as opposed to a PP with a TSLA VP which would follow the spirit of that quote. I think Harry would consider your Golden Butterfly as your PP. It was Permanent in the sense of an unchanging strategy. A VP where you bought an...

A factor with the all-stock had similar bad case outcomes (SWR) to other blends, whilst on average it had the better average/best case outcomes (expanded wealth/left more for heirs) .... mindset, is that its mathematically based, not real world based. In the real world you do hit share prices deepl...

Unless it’s some kind of deep speculation, I think 5% of a portfolio is too small to mean anything. Well, it depends on the upside. I think the Variable Portfolio should sit in Treasury bills or a money market fund until an exiciting opportunity comes along -- one with a reward-risk ratio of at lea...

https://www.youtube.com/shorts/A3maCgQX9rg

This sums up my mixed feelings about abortion.

Kbg wrote: ↑

Sat Jul 30, 2022 6:22 pm

Let's wrap this one up, shall we?

Yeah, I'm good, teach.

The main précis of your argument is you don’t like government control over money. If owning gold as a form of expressing your political beliefs is something you feel good about, who am I to dissuade you? But recognize you are making a political argument and it has not much to do with whether or not...

Jack, Legit question; why should anyone care what derivative they use to purchase something? You didn't answer my questions, but sure. People obviously care. There's a law about it: https://en.wikipedia.org/wiki/Gresham%27s_law So for example, in a hyperinflationary environment you're going to spen...

Derivatives at the end of the day are going to follow the thing they represent fundamentally and always which means inflation and deflation are going to be primarily driven by the basic surplus or shortage of all goods in aggregate. The economy is the dog and money is the tail...always. This does n...

Side comment and slightly snarky remark...I love it when folks assert that gold is great due to lack of government control. That's an idea that started in the 1970s and is a shill point made by purveyors of gold. Gold is great due to lack of government control! When I wrote the above I was specific...

When Christian individuals and organizations attempt to blend their faith with political machinery, it seems that it ends up looking mostly like politics and little like faith. Jesus' example was to be in the world, but not of the world, right?. E.g. he lived during Roman times, but didn't concern ...

Kbg wrote: ↑

Wed Jul 27, 2022 2:04 pm

Here ya go...homework on a platter.

That’s a lot of reading for me to do in order for you to make a point. Have you read those papers in their entirety?

Why don't you just make your point. What's with the student/teacher posturing?

I don’t know if all that was practiced at the time of Jesus. Centuries of cruft have accumulated since he walked the earth.

The difference between a great prophet and a cult is the impact. Jesus had and continues to have a large impact on the world. Time is a great filter.

In Jesus’ time, belief in a God or Gods was widespread. When I read his teachings, it seems like a belief in God was a foregone conclusion. Today, belief in God is not as widespread. Jesus’ teachings, although they may have great significance, fall on deaf ears because we don’t know God anymore. We ...

Why don't you enlighten us then? It seems like you're dangling the jewels of your mind in front of us but not sharing them. You just want us to know of the jewels' existence? Sorry Jack, not going to do your homework. Try reading actual economists and outside the gold fan world. Ah, so indeed, you'...