Dxy up 12.59% in last year now. My understanding of what I have heard is all the dollar denominated debt is needing to be paid off. That causes the demand for the dollars and selling of everything else to get the dollars. The would include the selling of long bonds making rates go up there even tho...

dualstow wrote: ↑

Tue May 24, 2022 10:15 am

joypog wrote: ↑

Tue May 24, 2022 9:30 am

Even if it ends up being a tulip

cute

Put one percent GBTC in a HBPP in a backtest and see how it juices your returns over the last 5 years.

joypog wrote: ↑

Mon May 23, 2022 11:34 pm

I Shrugged wrote: ↑

Mon May 23, 2022 9:27 pm

ppnewbie wrote: ↑

Sat May 21, 2022 1:16 am

I believe gold has a CAGR of around 7.5% over the last 5 years. So it seems to be working reasonably well.

Stop making sense. Everyone wants to piss and moan about the last two months or whatever.

what was the CAGR of bitcoin over the past 5 years?

Based off of gbtc I think it’s 32.83%.

I believe gold has a CAGR of around 7.5% over the last 5 years. So it seems to be working reasonably well. Stop making sense. Everyone wants to piss and moan about the last two months or whatever. I was once watching some variety show in the late 70’s and I remember a person who could mimic what an...

IMHO - Decentralized databases (blockchain) and computing (smart contracts) are pretty momentous new developments in the world, but at the moment it is complete Mad Max territory.

A continued...ah, no. https://www.pragcap.com/three-things-i-think-i-think-when-things-break/ 3) Not Your Keys, Not Your Coins. Here’s an alarming disclosure from CoinBase in which they explain that the Bitcoin they custody could be considered firm assets in case of bankruptcy. In other words, cust...

I believe gold has a CAGR of around 7.5% over the last 5 years. So it seems to be working reasonably well.

It’s baby formula shortages turn in the spot light. I wonder what humans did for the approximate 300,000 years before it was invented.

Here is a good link to get a broader perspective on the world:

https://www.youtube.com/watch?v=jbkSRLYSojo

The Russians have taken control of the Azovstal steel plant (Mariupol) What is the significance of the steel plant? Physically, it was the last hold out that enabled interdiction of a land bridge to Crimea Metaphorically, it turned into the Ukrainian version of the Alamo or if you're into ancient h...

dualstow wrote: ↑

Tue May 17, 2022 7:22 am

The Russians have taken control of the Azovstal steel plant (Mariupol)

What is the significance of the steel plant?

Mass Shootings seem to be capturing attention. I believe there is something like an average of 10 mass shootings per week in the US. https://www.npr.org/2022/05/15/1099008586/mass-shootings-us-2022-tally-number https://www.gunviolencearchive.org/reports/mass-shooting Back in less propagandistic tim...

More excellent analysis kbg.

It's tough to get a good read on this stuff because it's pretty clear that we (western audiences) are getting all positive spin about Ukraine and all negative spin about Russia. There are several good open and government sources that do map plots on where forces are at...to get a general sense of t...

Mass Shootings seem to be capturing attention. I believe there is something like an average of 10 mass shootings per week in the US.

https://www.npr.org/2022/05/15/10990085 ... lly-number

https://www.gunviolencearchive.org/repo ... s-shooting

Russia likely to have lost third of its Ukraine invasion force, says UK https://www.theguardian.com/world/2022/may/15/russia-likely-to-have-lost-third-of-its-ukraine-invasion-force-says-uk How long can Russia keep this up? How long before they’ve stretched themselves too thin between Ukraine and Sy...

The only proof coin I bought was pre-pp. if I recall correctly from Harry Browne’s books, Rowland and Lawson’s (Craigr and Medium Tex) book, etc. you’re supposed to buy bullion. Proof coins are more like collectibles, no? My mental calculations - Same exact amount of gold, I got some fractional in ...

The fractional stuff I got from my local coin shop. I got the fraction by buying these from the local shop https://www.jmbullion.com/4-coin-proof-american-gold-eagle-set-vy/ .. The bullion version not the proof version, right? I was buying the proof versions because of "more shininess" - Like I sai...

Personally, if I can get fractional coins for the same premium as 1 oz I go for those. I might, too, but i buy from Apmex and the premium is way higher for fractional there. Do not think its only Apmex that sell fractional at premium, think that's pretty much the case everywhere .. :D The fractiona...

Personally, if I can get fractional coins for the same premium as 1 oz I go for those. I might, too, but i buy from Apmex and the premium is way higher for fractional there. I started when I was in full zombie apocalypse mode thinking that fractional would be easier to trade but now just try to add...

Desert wrote: ↑

Fri May 13, 2022 9:46 am

ppnewbie wrote: ↑

Thu May 12, 2022 5:58 pm

My bad on this one. I got it wrong.

Thanks ppnewbie, and I'll work on being less of an old grumpy bastard.

I need to work on that as well.

Personally, if I can get fractional coins for the same premium as 1 oz I go for those.

Russia is going to invade Ukraine on Tuesday at 3pm!!! Meanwhile EU countries have not pulled their embassy workers and the President of Ukraine seems very relaxed, while Putin is laughing at the west. "MOSCOW, February 16. /TASS/. Russian Foreign Ministry Spokeswoman Maria Zakharova has jokingly a...

One thing I grapple with is gold gains getting taxed away. I’ve never sold gold. Can’t you just sell a coin for cash from time to time? Not sure what the reporting requirements are at the coin shops. I think its 5k or less does not need to be reported. But, there has to be record of this transactio...

But in all seriousness, it looks like Gold is mostly tracking inversely to a strong dollar. The "market" has decided that inflation is headed down to ~3%. Not that Gold is strongly correlated with inflation anyway. In my investment view, gold has performed great twice in my lifetime: 1. When gold w...