Search found 666 matches

by ppnewbie
Mon May 16, 2022 12:52 pm
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 29
Views: 2574

Re: Next up on the planned crisis list

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...
by ppnewbie
Mon May 16, 2022 11:13 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 471
Views: 19557

Re: Putin Invades Ukraine II

More excellent analysis kbg.
by ppnewbie
Mon May 16, 2022 10:00 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 471
Views: 19557

Re: Putin Invades Ukraine II

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...
by ppnewbie
Mon May 16, 2022 2:25 am
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 29
Views: 2574

Re: Next up on the planned crisis list

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
by ppnewbie
Sun May 15, 2022 11:53 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 471
Views: 19557

Re: Putin Invades Ukraine II

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...
by ppnewbie
Fri May 13, 2022 1:48 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79436

Re: Where and how do you purchase physical gold?

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 ...
by ppnewbie
Fri May 13, 2022 1:22 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79436

Re: Where and how do you purchase physical gold?

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...
by ppnewbie
Fri May 13, 2022 12:45 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79436

Re: Where and how do you purchase physical gold?

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...
by ppnewbie
Fri May 13, 2022 10:30 am
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79436

Re: Where and how do you purchase physical gold?

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...
by ppnewbie
Fri May 13, 2022 10:25 am
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 29
Views: 2574

Re: Next up on the planned crisis list

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.
by ppnewbie
Thu May 12, 2022 10:58 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79436

Re: Where and how do you purchase physical gold?

Personally, if I can get fractional coins for the same premium as 1 oz I go for those.
by ppnewbie
Thu May 12, 2022 5:58 pm
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 29
Views: 2574

Re: Next up on the planned crisis list

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...
by ppnewbie
Thu May 12, 2022 5:46 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 222
Views: 24687

Re: BTC in the PP

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...
by ppnewbie
Thu May 12, 2022 4:55 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3495
Views: 1048687

Re: The GOLD scream room

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...
by ppnewbie
Thu May 12, 2022 4:50 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 222
Views: 24687

Re: BTC in the PP

BTC-USD YTD -38.9% GLDM YTD 2.19% Not much of a track record...but during the 2020 stock market tank...BTC was off 50% from June 2019 to March 2020 Hmmm...BTC thus far is not digital gold. Gold remains gold. When people say that Bitcoin is digital gold, do you think that means their price should mo...
by ppnewbie
Thu May 12, 2022 9:51 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 222
Views: 24687

Re: BTC in the PP

I think one or two percent in a portfolio for pure speculation is not bad. You know your downside.
by ppnewbie
Sun May 08, 2022 12:19 pm
Forum: Other Discussions
Topic: BelangP's book out
Replies: 23
Views: 717

Re: BelangP's book out

I don’t think gold has a significant industrial demand. It just emerged as a fungible, portable, divisible… commodity that people wanted.
by ppnewbie
Sun May 08, 2022 12:14 pm
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 29
Views: 2574

Re: Next up on the planned crisis list

Its Roe v. Wade and inflation now. Next new surge in Covid, next market crash, next the bird flu.

To me it’s not just Dems, it’s both sides which are really the two sides of the same coin (IMHO).
by ppnewbie
Mon May 02, 2022 11:14 am
Forum: Other Discussions
Topic: BelangP's book out
Replies: 23
Views: 717

Re: BelangP's book out

I was thinking about a token with real value and the main thing I could come up with is an actual asset that is represents a share of an asset and is redeemable (wheat, rice, or maybe oil). There is the counter party risk which I’m not sure how you get around. To remove the counter party risk I thin...
by ppnewbie
Fri Apr 29, 2022 10:01 am
Forum: Other Discussions
Topic: BelangP's book out
Replies: 23
Views: 717

Re: BelangP's book out

@jack or anyone else on this thread: Change will come by individuals acting in their own self interest in a permissionless manner. Anyone have opinions on what this change looks like. I was thinking some kind of commodity or asset backed peered digital currency. Maybe a basket like oil, gold, silver...
by ppnewbie
Fri Apr 29, 2022 9:54 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 471
Views: 19557

Re: Putin Invades Ukraine II

Back to reality: There are so many stories like this one, describing the brutality of Russia's invasion. Ol' Ronald Reagan was right about a few things when describing this culture. https://www.bbc.com/news/world-europe-61249158 We are going to keep seeing this. I call it war porn. It feels so good...
by ppnewbie
Fri Apr 29, 2022 9:45 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 471
Views: 19557

Re: Putin Invades Ukraine II

Can’t see this. Their financial coverage is way ahead most other sources. And as far as propaganda, I feel like you have to pick your poison or try to inject all the different poisons to neutralize the effects. The New York Times is so bad I can barely read 10 words before I throw it away. Your vie...
by ppnewbie
Fri Apr 29, 2022 12:03 am
Forum: Politics
Topic: The Left is Eating Itself Pt. II
Replies: 838
Views: 229528

Re: The Left is Eating Itself Pt. II

It seems to be the case that younger people have hugely higher rates of, let's say, alternative sexuality than people from older generations. Doesn't one have to conclude that the difference is a result of all the marketing about how awesome homosexuality is? THIS. Adolescence and teen life can be ...
by ppnewbie
Thu Apr 28, 2022 11:58 pm
Forum: Other Discussions
Topic: BelangP's book out
Replies: 23
Views: 717

Re: BelangP's book out

The author raised the interesting concept of “money famines” when your on a gold standard. I’ve often wondered that myself. What if there is no gold.
by ppnewbie
Thu Apr 28, 2022 11:43 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 471
Views: 19557

Re: Putin Invades Ukraine II

Zero Hedge has long appeared to be a Russian propaganda source. At best, they're a conspiratorial clickbait site. But for at least 4-5 years, they've consistently echoed RT and other Russian propaganda sites. And of course they're known for their financial doom porn, and more recently their coronav...