Search found 149 matches

by europeanwizard
Sat Jul 11, 2020 1:23 am
Forum: Permanent Portfolio Discussion
Topic: Morningstar LTT & Gold analysis
Replies: 7
Views: 289

Re: Morningstar LTT & Gold analysis

Bizarre. Maybe I hit my free article limit or something... Here's text versions: https://pastebin.com/tFitph7g https://pastebin.com/ANtsLt0X By the way, I didn't quite get this bit: What surprised me was that gold shares comfortably outgained gold bullion. As illustrated in the initial graph, Fidel...
by europeanwizard
Wed Jul 08, 2020 2:33 am
Forum: Gold
Topic: A Boat I (Gladly) Missed
Replies: 6
Views: 230

Re: A Boat I (Gladly) Missed

Of all the cryptos, only Bitcoin really has my trust, and only for a single-digit percentage of my variable portfolio. There are interesting coins out there, like Monero, which is 100% focused on privacy. But that's really it (for me, at least). You were wise to decline the offers of this guy.
by europeanwizard
Mon Jun 22, 2020 1:23 am
Forum: Gold
Topic: $20 gold Liberty coin Heads Up!
Replies: 1
Views: 220

Re: $20 gold Liberty coin Heads Up!

It would be interesting to know how they test these coins for purity. I believe there are several methods and they're not accurate all the time.
by europeanwizard
Tue Jun 09, 2020 3:53 pm
Forum: Bonds
Topic: Illinois Will Be The Poster Case For State Bankruptcy
Replies: 4
Views: 304

Re: Illinois Will Be The Poster Case For State Bankruptcy

What's weird is that munis aren't unlike European state bonds. Just like an individual European country, an American state can't print themselves more money to get out of a high debt situation.
by europeanwizard
Sat May 30, 2020 4:45 pm
Forum: Permanent Portfolio Discussion
Topic: Tactical / Adjusting Cash Allocation
Replies: 8
Views: 612

Re: Tactical / Adjusting Cash Allocation

What about owning a house is important to you?
by europeanwizard
Sat May 30, 2020 1:28 am
Forum: Gold
Topic: The Dawning of a Golden Decade
Replies: 9
Views: 527

Re: The Dawning of a Golden Decade

Memorable quote on page 7: Truth hurts. Maybe not as much as jumping on a bicycle with the seat missing, but it hurts. Inspector Frank Drebin It's not a bone-dry paper, they did their best to keep it readable with a joke in the sideline here and there. This is my first crisis with a lot (for me) of ...
by europeanwizard
Wed May 06, 2020 1:49 am
Forum: Other Discussions
Topic: Warren Buffet goes nuts and exposes the fraud that is the USA
Replies: 2
Views: 204

Re: Warren Buffet goes nuts and exposes the fraud that is the USA

This is no secret and everybody who buys these treasuries knows this. The US isn't unique in this regard. There are multiple countries for whom the debt-to-GDP ratio is overboard. Here in Europe we have France and Italy. Japan also has gone nuts. It's the reason, as I understand it, why they all lov...
by europeanwizard
Sun May 03, 2020 1:14 am
Forum: Bonds
Topic: He makes LTT’s and the PP in general sound very appealing
Replies: 3
Views: 447

Re: He makes LTT’s and the PP in general sound very appealing

That scares me a bit. I've got a lot of 7-10 yr. European bonds...
by europeanwizard
Mon Apr 27, 2020 12:22 am
Forum: Permanent Portfolio Discussion
Topic: Simple 4 ETF PP
Replies: 14
Views: 1347

Re: Simple 4 ETF PP

I run it with three ETFs, personally. I have replaced the t-bills part with real cash, meaning a savings account. I don't see anything wrong with that, and I'm surprised that you'd say "only 4 ETFs".

Isn't that the beauty of the PP, its simplicity?
by europeanwizard
Mon Apr 20, 2020 2:53 am
Forum: Other Discussions
Topic: What Does Life Look Like For You Now?
Replies: 104
Views: 3729

Re: What Does Life Look Like For You Now?

I live in one of the European countries that doesn't have a strict quarantine, but has instated a mild lockdown. So weirdly enough, my life hasn't been all that different. I'm a freelancer who was already working out of my own office for half of the week. The other half of the week, I'd occupy a des...
by europeanwizard
Sat Apr 18, 2020 12:25 am
Forum: Cash
Topic: Vanguard and Fidelity Treasury MM funds closed to new investors
Replies: 16
Views: 833

Re: Vanguard and Fidelity Treasury MM funds closed to new investors

I'm really curious what kind of investor is going there. Does it reflect the "normal" distribution of the market?
by europeanwizard
Thu Apr 16, 2020 12:58 pm
Forum: Other Discussions
Topic: Harry Browne, Computer Buff
Replies: 4
Views: 329

Re: Harry Browne, Computer Buff

Amazing. Ahead of their time.