Search found 356 matches

by jhogue
Thu Nov 21, 2019 10:38 am
Forum: Permanent Portfolio Discussion
Topic: Hong Kong Proves the PP's Mettle
Replies: 13
Views: 314

Re: Hong Kong Proves the PP's Mettle

Read the introduction in Harry Browne's Guide to Swiss Banks, first published back in 1976. Uncle Harry starts with a story about a Jewish family in Germany that prepared for the worst in the early 1930s by transferring their assets into gold and making deposits into then-secret Swiss bank accounts....
by jhogue
Fri Nov 15, 2019 4:17 pm
Forum: Bonds
Topic: US Treasury to issue a 50-year bond
Replies: 9
Views: 317

Re: US Treasury to issue a 50-year bond

ochotona wrote:
Fri Nov 15, 2019 12:59 pm
BondtholeMEOW is frightened.

I don't see the point of owning something with a duration longer than your lifetime. I guess if you're young it's okay. In 30 or 35 years I'm gone anyway.

Think again. How long do you think a $20 gold coin will last?
by jhogue
Fri Nov 15, 2019 10:12 am
Forum: Bonds
Topic: US Treasury to issue a 50-year bond
Replies: 9
Views: 317

Re: US Treasury to issue a 50-year bond

There is nothing magical about a 30 year maturity for Treasury bonds. Some municipalities and institutions (and countries) already sell 50 or 100 year bonds. Trump wants to introduce the sale of 50 year T-bonds to reduce financing costs for the federal government, especially for long term infrastruc...
by jhogue
Sat Nov 09, 2019 4:10 pm
Forum: Other Discussions
Topic: My Democtratic candidate grades!
Replies: 33
Views: 1357

Re: My Democtratic candidate grades!

Senators Warren and Sanders cannot wait for Mayor Bloomberg to jump into the 2020 race for president. They relish the chance to face off against a flesh-and-blood billionaire who has refused to endorse a wealth tax. They will proclaim that his position is simply a product of his personal greed and r...
by jhogue
Sat Nov 09, 2019 3:38 pm
Forum: Other Discussions
Topic: a Wealth Tax thread
Replies: 31
Views: 841

Re: a Wealth Tax thread

Senators Warren and Sanders cannot wait for Mayor Bloomberg to jump into the 2020 race for president. They relish the chance to face off against a flesh-and-blood billionaire who has refused to endorse a wealth tax. They will proclaim that his position is simply a product of his personal greed and r...
by jhogue
Fri Nov 08, 2019 11:27 am
Forum: Bonds
Topic: The Bond Dream Room
Replies: 474
Views: 130342

Re: The Bond Dream Room

The inversion of the Treasury yield curve disappeared today. The entire curve is now positive from the 3 month T bill to the 30 year T bond. I first noticed the present inversion between the 2 and 3 year T bill in Dec. 2018. Hard to say whether this development portends an end to lower interest rate...
by jhogue
Fri Nov 08, 2019 11:10 am
Forum: Other Discussions
Topic: a Wealth Tax thread
Replies: 31
Views: 841

Re: a Wealth Tax thread

Senator Warren has already made it clear that her wealth tax will only affect the richest 0.1% (or those with more than $50 million net worth). She claims it will have no effect on those who are merely affluent-- like you and me. Her press release is found here: https://www.warren.senate.gov/newsroo...
by jhogue
Fri Nov 08, 2019 9:56 am
Forum: Other Discussions
Topic: a Wealth Tax thread
Replies: 31
Views: 841

Re: a Wealth Tax thread

Senator Warren's wealth tax proposal is the most menacing development of this electoral season for two reasons:

1. Her proposal would in many cases amount to double taxation.

2. Her rationale for this tax incites a dangerous hatred of the rich.
by jhogue
Wed Nov 06, 2019 6:49 pm
Forum: Gold
Topic: Texas Statewide Proposition 9, November 2019 Election
Replies: 52
Views: 5110

Re: Texas Statewide Proposition 9, November 2019 Election

Do you know of any plans for Texas to strike their own gold coins?
by jhogue
Wed Nov 06, 2019 5:50 pm
Forum: Gold
Topic: Texas Statewide Proposition 9, November 2019 Election
Replies: 52
Views: 5110

Re: Texas Statewide Proposition 9, November 2019 Election

I think I read somewhere that Teddy Roosevelt wanted the high relief coin for general circulation but the Treasury told him that it was impractical because it would not stack properly.

Have you tried stacking your 2008 restrike?
by jhogue
Wed Nov 06, 2019 12:01 pm
Forum: Gold
Topic: Texas Statewide Proposition 9, November 2019 Election
Replies: 52
Views: 5110

Re: Texas Statewide Proposition 9, November 2019 Election

A win for "Don't Mess With Texas" attitude.

BTW, technovelist, I love your new avatar. The Saint Gaudens $20 double eagle is my favorite coin design of all time.
by jhogue
Tue Nov 05, 2019 12:57 pm
Forum: Other Discussions
Topic: Is Trump doing a good job?
Replies: 163
Views: 9945

Re: Is Trump doing a good job?

How well do you think the Obama Administration dealt with Chinese trade issues and theft of American intellectual property?

Please cite specific examples and establish a comparative context.