Search found 120 matches

by Smith1776
Wed Jul 17, 2019 3:10 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 2517
Views: 411695

Re: The GOLD scream room

Ad Orientem wrote:
Wed Jul 17, 2019 1:47 pm
Ray Dalio says gold will be a top investment during upcoming ‘paradigm shift’ for global markets...

https://www.cnbc.com/2019/07/17/ray-dal ... rkets.html
Love it.
by Smith1776
Wed Jul 17, 2019 2:48 pm
Forum: Other Discussions
Topic: Trump: I’m ‘not a fan’ of cryptocurrencies, and Facebook may need a banking charter for Libra
Replies: 8
Views: 213

Re: Trump: I’m ‘not a fan’ of cryptocurrencies, and Facebook may need a banking charter for Libra

I wonder what Harry Browne would have thought about Libra. Not just from an investment perspective, but from his libertarian perspective. It's cryptocurrency. Except it's not truly decentralized. It's not fiat, but it kind of is, thanks to its fiat reserves. It's a free market solution, but a highly...
by Smith1776
Tue Jul 16, 2019 2:23 pm
Forum: Gold
Topic: Gold as Actual Money - Sucks
Replies: 13
Views: 367

Re: Gold as Actual Money - Sucks

I personally don't think that countries like China are really long the U.S. Dollar. They've got a whole bunch of gold holdings that effectively act as a hedge. So, maybe they've got a long-short position that is relatively small on a net basis.
by Smith1776
Mon Jul 15, 2019 8:45 pm
Forum: Other Discussions
Topic: The Permanent Mental Health Regime
Replies: 33
Views: 537

Re: The Permanent Mental Health Regime

For those of you following this thread, I've been doing some research. Highly related to what we've been talking about is Glasser's choice theory. You can read about it here: https://en.wikipedia.org/wiki/Glasser%27s_choice_theory#The_ten_axioms Here are the axioms: 1. The only person whose behavior...
by Smith1776
Mon Jul 15, 2019 8:18 pm
Forum: Gold
Topic: Gold as Actual Money - Sucks
Replies: 13
Views: 367

Re: Gold as Actual Money - Sucks

Gold can indeed absolutely suck as a form of money. The fact that it's fairly cumbersome means that it's too tempting, it's too convenient, to start using money substitutes. It becomes too easy to entrust your gold with a "reliable" third party. That's where the trouble comes. Honestly, I'm not on a...
by Smith1776
Mon Jul 15, 2019 8:12 pm
Forum: Other Discussions
Topic: The Permanent Mental Health Regime
Replies: 33
Views: 537

Re: The Permanent Mental Health Regime

So, having identified yourself as someone who has had to take extra steps to maintain mental health, it seems strange to me that you would find yourself questioning whether you should "settle" for something less than ideal. if it's companionship you crave, how about a dog? I've heard it said, "You'...
by Smith1776
Mon Jul 15, 2019 1:52 pm
Forum: Bonds
Topic: Puerto Rico’s Bankruptcy Plan Is Almost Done And Bondholders Are Going To Get Screwed
Replies: 5
Views: 155

Re: Puerto Rico’s Bankruptcy Plan Is Almost Done And Bondholders Are Going To Get Screwed

One of my favourite athletes I used to watch while growing up, Felix Trinidad, is apparently broke because of the Puerto Rican bond fiasco. The man made millions upon millions in his career as a great knockout artist. Now he's got barely anything to show for it. https://www.ringtv.com/332413-tito-tr...
by Smith1776
Mon Jul 15, 2019 1:00 pm
Forum: Other Discussions
Topic: The Permanent Mental Health Regime
Replies: 33
Views: 537

Re: The Permanent Mental Health Regime

Wow.. some stuff in this thread that I've never even thought of. I never considered herbal solutions, for instance. Great stuff. I understand the sentiment of the people wanting to poop on the idea of taking extra steps to maintain your mental/emotional health. Maybe this whole idea seems wishy wash...
by Smith1776
Sun Jul 14, 2019 1:39 am
Forum: Other Discussions
Topic: The Permanent Mental Health Regime
Replies: 33
Views: 537

The Permanent Mental Health Regime

Guys, what do you do to make sure you stay mentally and emotionally healthy? As I've gotten a bit older, and a bit wiser, I've devised strategies to help keep my mind healthy. My teen years and early twenties were an absolute disaster in particular. It's better, but I still struggle sometimes. Some ...
by Smith1776
Fri Jul 12, 2019 1:05 pm
Forum: Permanent Portfolio Funds
Topic: Global Risk Parity fund for Canadians
Replies: 4
Views: 288

Re: Global Risk Parity fund for Canadians

Indeed, the ETF isn't exactly perfect. I really wish the fees in particular were down to Vanguard levels. An additional concern is that the fees of the underlying funds aren't included in the 65 basis points you mentioned. They're tacked on top of that fee.

I own one share to keep an eye on it.
by Smith1776
Fri Jul 12, 2019 12:09 pm
Forum: Permanent Portfolio Discussion
Topic: my global PP plan, your opinion please
Replies: 3
Views: 287

Re: my global PP plan, your opinion please

OP, I implemented an international PP for Canadians a while back in this thread: https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=9613&p=169411#p169411 Granted, it's for Canadians, but you may find the general idea of using a simple balanced fund to cover the stock/bond/cash portion of ...