Search found 28 matches

by dopplerdave
Wed Nov 16, 2022 11:25 am
Forum: Permanent Portfolio Discussion
Topic: Non-ESG ETFs
Replies: 36
Views: 2225

Re: Non-ESG ETFs

Well this is interesting. An offshoot of Consumers Reports is taking on the ESG people.

https://www.breitbart.com/politics/2022 ... -activism/

I wonder what changed at CR?
by dopplerdave
Sun Nov 13, 2022 2:33 pm
Forum: Gold
Topic: Visit to the SWP Vault
Replies: 4
Views: 253

Visit to the SWP Vault

Last week my wife and I finally managed to visit the SWP vault facility on Grand Cayman. This was a visit planned back in early 2020 that was interrupted by the Wuhan lock down. Our plane tickets were placed on hold, and we waited all this time for the Island to finally reopen. Meanwhile, we sent al...
by dopplerdave
Mon Oct 24, 2022 5:52 pm
Forum: Permanent Portfolio Discussion
Topic: Non-ESG ETFs
Replies: 36
Views: 2225

Re: Non-ESG ETFs

As of today, I am BlackRock free. My current PP consists of VTI, SCHO, GLDM and SPTL. (I held VTI previously so did not change it). What is interesting is that in every case, the expense ratio was significantly lower than I was paying with BlackRock. So it was well worth the exercise of looking for ...
by dopplerdave
Fri Oct 21, 2022 1:27 pm
Forum: Permanent Portfolio Discussion
Topic: Non-ESG ETFs
Replies: 36
Views: 2225

Re: Non-ESG ETFs

If you search Black Rock + ESG you get a sickening number of links to PR-like pages glowing about how committed they are to fight climate change, etc. But you get the same crap with Vanguard, State Street, Schwab and Fidelity. Black Rock seems to be the worst however as many state treasurers (especi...
by dopplerdave
Thu Oct 20, 2022 11:03 am
Forum: Permanent Portfolio Discussion
Topic: Non-ESG ETFs
Replies: 36
Views: 2225

Non-ESG ETFs

I have been using VTI, TLT, SHY and IAU for my PP but do not want to support the wokeness of Blackrock and Vanguard. Are there altenative ETFs that are not into the ESG movement?
by dopplerdave
Fri Aug 26, 2022 3:03 pm
Forum: Gold
Topic: Virtual Audit
Replies: 10
Views: 3015

Re: Virtual Audit

Well I have to use up my Cayman airline credit from 2020 before it expires, so the wife and I are going to visit SWP-CI in early November, unless they close the island down again for the Monkey Pox or something. I have been very pleased with the service from these people. Last January I sold some co...
by dopplerdave
Sun Jan 30, 2022 9:14 am
Forum: Gold
Topic: Logistics of Large Quanties o' Physical Gold
Replies: 19
Views: 2238

Re: Logistics of Large Quanties o Physical Gold

About 2 months ago I had to sell about $200K in coins stored at SWP-Cayman. The funds were in my US brokerage around 3 days later. I am using the secure notes feature in LastPass to let my executor access all my secrets (passwords, account numbers, etc.) Previously I was using Dashlane. The idea is ...
by dopplerdave
Wed Dec 08, 2021 11:25 am
Forum: Gold
Topic: Another IRS attack on gold coins
Replies: 8
Views: 1903

Re: Another IRS attack on gold coins

Shrugged – I agree in general but if most of your savings are in a 401 or IRA, then it is hard to avoid having gold there. KBG – Yes, the title sounds like click bait but it actually reflects my contempt for the IRS and its methods. Now, I managed to find a detailed analysis of this decision prepare...
by dopplerdave
Fri Dec 03, 2021 11:56 am
Forum: Gold
Topic: Another IRS attack on gold coins
Replies: 8
Views: 1903

Another IRS attack on gold coins

From the WSJ. Sorry for the long post, but the story is behind their paywall. (Bold emphasis is mine). This is really an outrage. She appeared to do everything right but got screwed anyway. Let's hope they win on appeal. -------------------------------------------------------------------------------...
by dopplerdave
Mon Nov 15, 2021 3:54 pm
Forum: Gold
Topic: Virtual Audit
Replies: 10
Views: 3015

Re: Virtual Audit

They put the coins back in the same tube they came from and opened the next tube. When everything was counted, all the tubes went into the large plastic bin that contains all my coins. BTW, Cayman has "opened" now so you can visit them without being quarantined. But Cayman still requires a stupid an...
by dopplerdave
Wed Nov 03, 2021 6:53 am
Forum: Gold
Topic: Virtual Audit
Replies: 10
Views: 3015

Re: Virtual Audit

Pugchief, In my case with SWP, I have a mix of 1 oz gold coins (Eagles, Marlins, Maple leafs, Britanicas and Philharmonics), so it would have taken a while to round this assortment up. In addition, about 1/3 of my holdings were sent to them for storage is a rather odd arrangement of marked tubes. Th...
by dopplerdave
Tue Oct 12, 2021 3:00 pm
Forum: Gold
Topic: Virtual Audit
Replies: 10
Views: 3015

Re: Virtual Audit

Hi Coasting, If you click on one of the coins shown on their site, you get both the purchase and buy back price. For example right now the gold 1 oz eagle is listed as $1856.80 and buy back is $1769.30 so the spread is 4.9%. (That's actually pretty low compared to what it was a few months ago). Othe...
by dopplerdave
Wed Sep 29, 2021 7:59 pm
Forum: Gold
Topic: Virtual Audit
Replies: 10
Views: 3015

Virtual Audit

About 2 years ago, someone on this forum recommended SWP Cayman for offshore precious metals storage. I opened an account with a very small holding and made plans to visit them in May 2020. Well, the island closed due to the Wuhan. It is open now, but anyone visiting must spend a week in quarantine,...
by dopplerdave
Tue Aug 10, 2021 3:22 pm
Forum: Gold
Topic: FBI Stealing from Safe Deposit Boxes
Replies: 5
Views: 1486

FBI Stealing from Safe Deposit Boxes

Another reason for storing your gold off shore. https://reason.com/2021/07/29/fbi-seized-900000-from-safe-deposit-box-on-pure-conjecture-federal-judge-says/ "A federal judge issued a sharp rebuke to the FBI's attempt to expose the identity of one of the anonymous victims of a March raid that seized ...
by dopplerdave
Sun Aug 08, 2021 4:22 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5228
Views: 801034

Re: Coronavirus General Discussion

The one CDC statistic I believe is total deaths and age, mainly because I don't think you can fake a death and there is no incentive to fudge the age of the deceased. So the latest results are shown below. I think the pandemic delta or otherwise is over.
Screenshot 2021-08-08 161736.png
Screenshot 2021-08-08 161736.png (41.4 KiB) Viewed 2448 times
by dopplerdave
Tue Jun 15, 2021 12:44 pm
Forum: Gold
Topic: Best gold deal out there
Replies: 14
Views: 3556

Re: Best gold deal out there

Bullion Vault is a good alternative to offshore coin storage. In my case, I already had a stock of coins, and it was cheaper to ship them then to sell them and buy the fractional ownership bars. Plus I like the idea of being able to visit my gold in person and take delivery of it if I want. But to g...
by dopplerdave
Sat Jun 12, 2021 9:54 pm
Forum: Gold
Topic: Best gold deal out there
Replies: 14
Views: 3556

Re: Best gold deal out there

If you never plan to take delivery DD, would an etf like GLD or SGOL be better since the spread is almost nil? Does your dealer have a storage fee? Why aren't you taking delivery? You are right about the ETF except this is money that I want protected from taxes and/or confiscation. It is in an offs...
by dopplerdave
Sat Jun 12, 2021 1:57 pm
Forum: Gold
Topic: Best gold deal out there
Replies: 14
Views: 3556

Re: Best gold deal out there

To my thinking, the spread between buy and sell price from the same dealer at the same time is more important than the premium. For example the (off shore) dealer I use had as of a few days ago a premium of 13.3% and a spread of 10.7% on US Eagles. At the same time the premium was 5.3% and the sprea...
by dopplerdave
Sun Apr 18, 2021 9:19 am
Forum: Gold
Topic: Satellite views of some vaults
Replies: 11
Views: 3218

Re: Satellite views of some vaults

I don't think any of us are in a position to judge the physical security of a vault, but in any case I think the risk is much higher of employee theft. So the question should be do these facilities have independent insurance coverage and third party audits of their holdings? I know the one I use doe...
by dopplerdave
Sat Mar 27, 2021 7:25 pm
Forum: Gold
Topic: I need to buy some gold!
Replies: 31
Views: 6654

Re: I need to buy some gold!

I meant why volunteer any more information than you have to?
by dopplerdave
Sat Mar 27, 2021 1:00 pm
Forum: Gold
Topic: I need to buy some gold!
Replies: 31
Views: 6654

Re: I need to buy some gold!

I don't have an account with them, but it appears to me that Bullionvault offers allocated fractional ownership of a 400oz serialized bar of gold bullion. That is a bit different from SWP Cayman where you own the coins stored in a segregated container with your name on it. For example, if I look at ...
by dopplerdave
Mon Mar 22, 2021 8:55 pm
Forum: Gold
Topic: I need to buy some gold!
Replies: 31
Views: 6654

Re: I need to buy some gold!

I don't think I should go into details on that here, but SWP made all the arrangements. The shipment was fully insured. The cost worked out to about 0.5% of the value of the coins. That is about the same as you pay them annually for storage. But this is way cheaper than selling them locally, then ha...
by dopplerdave
Mon Mar 22, 2021 1:02 pm
Forum: Gold
Topic: I need to buy some gold!
Replies: 31
Views: 6654

Re: I need to buy some gold!

I recommend Strategic Wealth Protection Cayman (SWPCayman.com). They have a ton of informative videos on line, and you can set up an account without visiting them. I opened an account about 1-1/2 years ago, and they bought 2 Eagles for me. (I wanted to start slowly to see how they operated). More re...
by dopplerdave
Mon Feb 22, 2021 6:06 pm
Forum: Gold
Topic: Gold Defensive Strategy
Replies: 26
Views: 4801

Re: Gold Defensive Strategy

The purpose of my physical gold VP is not to make any money; it is to avoid losing a lot if stocks, bonds and the USD tanks. I do think we are in for a serious reckoning in the next year or so. Silver, Bitcoin and Gamestop are something for 20 year olds to speculate on. I am retired and cannot affor...
by dopplerdave
Sun Feb 21, 2021 9:24 am
Forum: Gold
Topic: Gold Defensive Strategy
Replies: 26
Views: 4801

Gold Defensive Strategy

I am very pessimistic about the direction I see the economy taking and how it will affect three of the four elements of the permanent portfolio. Higher taxes, continuing Wuhan virus restrictions and more regulation will harm the stock market, huge deficit spending will impact long term bonds, and ec...