Search found 21 matches

by ppbob
Thu Jan 26, 2023 11:50 am
Forum: Stocks
Topic: Direct Indexing
Replies: 6
Views: 2943

Re: Direct Indexing

Schwab has a version of this. The expense ratio 0.4% is too high for me but it has interesting features. They design portfolios to track four different broad market indexes. They allow you to do tax loss harvesting. I think there would also be problems with income tax reporting, but if you download ...
by ppbob
Mon Dec 12, 2022 3:33 pm
Forum: Gold
Topic: Gold ATM in India
Replies: 3
Views: 673

Gold ATM in India

It will be interesting to see if people find these trustworthy. Article says Payment is by credit card but ATM implies withdraw from bank? India ATM Now Dispenses Gold Coins https://www.newsmax.com/finance/streettalk/india-gold-atm/2022/12/08/id/1099626/ From the outside, it looks just like a regula...
by ppbob
Thu Feb 10, 2022 3:57 pm
Forum: Gold
Topic: Jared Dillian on gold
Replies: 1
Views: 937

Re: Jared Dillian on gold

Here’s his chart. He claims that the last two years from 2020 to 2022 are a “consolidation pattern” and there will either be a massive break up or break down from here. Could be but then again the price may just remain in the range it has been for the last 10 to 15 years. https://ggc-mauldin-images....
by ppbob
Tue Jan 04, 2022 1:43 pm
Forum: Stocks
Topic: Value vs growth
Replies: 10
Views: 4688

Re: Value vs growth

I looked up the AQR value growth spread and got the following definition the chart is equivalently the P/B of the expensive stock portfolio divided by the P/B of the cheap, Where I think P/B stands for the company stock value to book value ratio. I guess they are averaged over all the companies in s...
by ppbob
Mon Jan 03, 2022 2:16 pm
Forum: Stocks
Topic: Value vs growth
Replies: 10
Views: 4688

Re: Value vs growth

Smith1776 wrote:
Mon Jan 03, 2022 11:53 am
Thats it Value Spreads 121521.png



Given the unprecedented spread between value and growth currently, I think now is the time to tilt if you are not already.
What number are you plottig?
by ppbob
Wed Nov 24, 2021 11:09 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1655443

Re: The GOLD scream room

Hard to take it to the bank in 1980 when it hit $850. Nice for a few months but only pain for the next 40 years vs other assets. We have been in a bond bull market over that period as rates dropped from 15% down to essentially zero. https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-...
by ppbob
Mon Aug 16, 2021 10:43 pm
Forum: Gold
Topic: 50 years of dollar as fiat currency
Replies: 9
Views: 2506

Re: 50 years of dollar as fiat currency

I was 23 in 1974 and had little money. I was totally unaware that there was a stock market crash. Shouldn't things like the 2008 / 2009 financial crisis be an example of something significant wherein almost the entire adult population was aware it was going on unlike 1974? I think public awareness ...
by ppbob
Mon Aug 16, 2021 9:27 pm
Forum: Gold
Topic: 50 years of dollar as fiat currency
Replies: 9
Views: 2506

Re: 50 years of dollar as fiat currency

D1984 We experienced few if any significant financial crashes/panics between the 1940s and, say, 1980. There were stock market declines, consumption and production slumps, falloffs in consumer sentiment, garden-variety recessions, etc during this time period to be sure.. Off the top of my head, what...
by ppbob
Sun Aug 15, 2021 2:09 pm
Forum: Gold
Topic: 50 years of dollar as fiat currency
Replies: 9
Views: 2506

Re: 50 years of dollar as fiat currency

Interesting article by Steven Hayward about the context of Nixon's decision. I was unaware that it was part of a larger package that included what at the time was huge deficit spending and wage and price controls. These policies lead in no small part to the economic malaise of the 1970s. It is inter...
by ppbob
Fri Aug 13, 2021 11:10 pm
Forum: Gold
Topic: 50 years of dollar as fiat currency
Replies: 9
Views: 2506

50 years of dollar as fiat currency

Fifty years ago, on Sunday evening, August 15, 1971, after crisis meetings with close advisers at Camp David, President Richard Nixon announced an historic decision in his “Address to the Nation Outlining a New Economic Policy.” Said Nixon to the nation, “The speculators have been waging an all-out...
by ppbob
Mon Jan 04, 2021 2:04 pm
Forum: Gold
Topic: Withdrawing coins from a Goldstar Trust account
Replies: 1
Views: 1415

Withdrawing coins from a Goldstar Trust account

Is it possible to take delivery of physical coins in the custodian account of a GoldstarTrust or do I have to sell them through dealer and get cash from Goldstar?


Bob
by ppbob
Wed May 01, 2019 12:38 pm
Forum: Gold
Topic: Gold ETF Fee War Gets Complicated
Replies: 10
Views: 5132

Gold ETF Fee War Gets Complicated

Interesting article but mostly about fees and bid/ask spread But notes that Over the past 12 months, for example, GLD saw outflows of $2.7 billion. Meanwhile, all other gold ETFs combined saw net inflows of $2.3 billion. https://www.etf.com/publications/etfr/gold-etf-fee-war-gets-complicated?nopagin...
by ppbob
Sun Sep 30, 2018 7:00 pm
Forum: Gold
Topic: crypto-gold from UK Royal Mint
Replies: 1
Views: 2183

crypto-gold from UK Royal Mint

https://blocktribe.com/blog/bitcoin-vs-rmg-gold/ Today @RoyalMintUK launched a gold backed token @RoyalMintGold RMG. Which is freely tradable for physical gold at their vaults. The coin has some very exciting properties: Your RMG token is a representation of the real gold that you own. The royal mi...
by ppbob
Sat Aug 18, 2018 12:10 pm
Forum: Gold
Topic: Perth Mint Physical Gold ETF (AAAU)
Replies: 11
Views: 9293

Re: Perth Mint Physical Gold ETF (AAAU)

tickler came up again.

EDIT: looks like it is available for sale.

I am not an early adopter so I will wait some time before I buy.
by ppbob
Sat Jul 21, 2018 12:14 pm
Forum: Gold
Topic: Perth Mint Physical Gold ETF (AAAU)
Replies: 11
Views: 9293

Re: Perth Mint Physical Gold ETF (AAAU)

I set a tickler for today. I did a search and it looks to me that it has not started trading. Oh well, set another tickler for next month. Do the Aussies take the month of August off like the Euros? Wait, it is now the middle of winter there. So is January their August?? Those darned upsider-downers...
by ppbob
Tue Feb 13, 2018 11:56 am
Forum: Bonds
Topic: 'Bond vigilantes' are saddled up and ready to push rates higher
Replies: 5
Views: 5446

Re: 'Bond vigilantes' are saddled up and ready to push rates higher

Mish: https://www.themaven.net/mishtalk/economics/no-bond-vigilantes-just-record-short-futures-speculators-wnplpfLcaEeWOwLo7NqJMA Mish is full of it as usual. Mish: Fundamentally, there is no way to dump holdings to enforce "fiscal discipline" because someone has to hold every bond issued until it ...
by ppbob
Mon Feb 12, 2018 1:04 pm
Forum: Bonds
Topic: 'Bond vigilantes' are saddled up and ready to push rates higher
Replies: 5
Views: 5446

'Bond vigilantes' are saddled up and ready to push rates higher

There's reason to be concerned about bond vigilantes, who are no longer under "lock and key" and are free to push yields higher, Wall Street veteran Ed Yardeni told CNBC on Friday. ... "They had been sort of put under lock and key by the central banks. The Fed had lowered interest rates down to zer...
by ppbob
Sun Mar 19, 2017 12:22 pm
Forum: Gold
Topic: Larry Swedroe's take on gold
Replies: 10
Views: 8858

Larry Swedroe's take on gold

His article: http://www.etf.com/sections/index-investor-corner/swedroe-dont-be-distracted-golds-glitter See also the discussion on Bogleheads (also some discussion of the permanent portfolio on the thread) https://www.bogleheads.org/forum/viewtopic.php?f=10&t=214011&newpost=3288702 The article was a...
by ppbob
Sat Oct 15, 2016 12:58 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 161370

Re: Maximum Bond Upside

You americans have nothing to complain still ;) The euro version of TLT (https://www.ishares.com/nl/particuliere-belegger/nl/producten/251775/ishares-ebrexx-government-germany-105yr-ucits-etf-de-fund) is yielding 0.35% ..... I am not fully invested yet and i need to invest quite a lot of euros........
by ppbob
Mon Sep 05, 2016 12:11 pm
Forum: Cash
Topic: Cash FAQ
Replies: 2
Views: 43033

Re: Cash FAQ

To access the broken link re permanent portfolio returns use:

archive.org Mar. 4, 2016 copy of webpage
by ppbob
Wed Aug 31, 2016 4:26 pm
Forum: Gold
Topic: Gold FAQ
Replies: 9
Views: 59201

Re: Gold FAQ

Craig took down the crawlingroad website. Can anyone post the FAQ somewhere else?