As always Dr. Hunt hovers above the blathering bologna nit heads and gives real meat to chew on.

http://www.hoisingtonmgt.com/pdf/HIM2013Q2NP.pdf

Enjoy

Dr. Hunt is a must read every quarter. Skip to last page for 30-year rate perspective, but entire article is a reminder of big picture. Enjoy.

http://www.hoisingtonmgt.com/pdf/HIM2012Q4NP.pdf

• What is China going to do with a record trade surplus? The answer is buy more US treasuries. • What are pension plans and corporations going to do if the US is headed into recession?  The answer is buy more US treasuries. • What are those concerned about global growth and the situation in Europe (...

What do we think about this possibility and how would it, if at all, affect the way the PP uses the long bond portion of the mix?

http://www.cnbc.com/id/44426451


Hope everyone has a great weekend.

The only time debt is not a subtle form of slavery is when the debt is self-liquidating--i.e., the borrowed funds create cash flows at least as great as are necessary to service the underlying debt. MT - Even self-liquidating debt can be burdensome.  My spouse and I are debt free personally,even ho...

Tulving is fair and does what it says it will do.  No complaints.

To MandynShane:

Here is a good read on deflation: 

http://globaleconomicanalysis.blogspot. ... nalysis%29

We chose to home-school our children. There are as many reasons why parents home school as there are families, but we chose this route primarily because we were not about to abdicate our parental authority to the Imperial US Governmental Education Department.  The madness of two parents working all ...

Well thank you Ladies and Gentlemen for your thoughts. It's just that I'm learning the lesson all over again that it is foolish to time the market.  Not that primary intention was to try to slide in on the bottom of a correction, but after waiting for a reasonable correction for the better part of 4...

Need some words of encouragement this morning.  I did not re-balance yesterday, but I did place some 15k of new cash into VTI.  Where else would you have put it?  TLT & Gold are rising and I'm already overweight in Cash.   Now the market tanks the day after.  I hate that feeling.  Maybe I alread...

Clive - what happens on August 2nd?

Tulving has some of the lowest spot prices, and free shipping.  They even reimburse for the first wire fee.

Would rather have 1 year food, $cash and generator at home and not need them, than to need food, cash and heat and not have them.  Everyone should be prepared regardless of what this story suggests. 

100% physical.  A large mayonaise jar will hold more 1 ounce gold coins than any one person needs, or probably can afford.  I have a huge fire safe, but the coins are in the dirt outside.

Porter Stransbury is less than honest IMO.

MediumTex wrote: Anyone else see that Colonel Sanders is more recognized in China than Chairman Mao?

Yes, the Chinese love the Colonel for everyday, but when they dress-up and go out on the town they choose Pizza Hut.  PH is very upscale in the Far East.  Interesting that MickeyDs is so far behind KFC.

Paul,

Are you really, really sold on PP for the long term or can you see yourself ever going back to dating the DFA strategy?

Still using the MMM toolbox from time-to-time!

If the yield breaks above that level, I suspect there will be trouble.  I also suspect the Fed will draw a line there and do everything it can to contain the situation.  Otherwise, things could get out of hand.  I like owning gold here. :) KevD - Couple of questions to help me learn: 1. When you sa...

I then total up the current value of the portfolio + my current contribution, in this case it’s $1020, and divide that by four, which is $255 in this case.  I then calculate the current balance less this amount. Gold $85 Stocks ($35) Cash $10 Bonds ($70) As a check these amounts plus the current co...

Just recieved a number of 1oz Gold Eagles: held them in my hand and played with them on my desk, rearranging and stacking, listening to the sound they make against each other when dropped.  I pretend with pennies... copper's up this month and I'm poor. What was it like? It felt good.  And it feels ...

Just recieved a number of 1oz Gold Eagles: held them in my hand and played with them on my desk, rearranging and stacking, listening to the sound they make against each other when dropped. 

I have square danced with a few brokers.  Many were fine gentlemen.  The last one told me: "son you are not an investor, you ask too many questions and you have to many of your own ideas".  Paying a broker to set-up and manage a PP is like paying someone to change the oil in your 1983 Ford...

Stay - welcome to the club. Personaly I would pay off the debt ASAP. At minimum re-fi to a 15 year.  Your personal residence is not a performing asset.  Build up emergency fund and then knock out the house debt.  According to your comments, cash flow is full and steady; you have an incredible opport...

"So, it's really not a simple answer, but we have to use the best we can in terms of our forecasting models to try to assess where the economy is headed."  BB Where the economy is headed? What he should have said was this is a race to the bottom.  First currency over Niagra Falls wins.  Th...

Wonk wrote: [ Quality of life has gone through the roof. 

Wonk,  Just try to eat healthy.  Earth Fare, Trader Joes and Whole Foods r our favorite stores.  Organic is expensive, but I'd rather have a great falafle wrap than another playtoy that sits in the yard.