Search found 2751 matches
- Thu Aug 17, 2023 3:00 pm
- Forum: Politics
- Topic: The Left is Eating Itself Pt. II
- Replies: 850
- Views: 463893
Re: The Left is Eating Itself Pt. II
Okay, I’ll bite: “A banana republic, if you can keep it.”
- Tue Jul 25, 2023 4:40 pm
- Forum: Other Discussions
- Topic: Signatures
- Replies: 194
- Views: 262043
Re: Signatures
Lighthearted: ZombielandSmith1776 wrote: Been getting really into zombie apocalypse games and movies lately. Throw me some suggestions if you have any.
Not-so-lighthearted: 28 Days Later
- Tue Jun 27, 2023 4:07 am
- Forum: Other Discussions
- Topic: YouTube Junkie
- Replies: 1231
- Views: 639297
Re: YouTube Junkie
Whoah, every mash-up on that YouTube channel is genius! Here’s another gem:dualstow wrote: ↑Mon Jun 26, 2023 2:46 pm Peaches & Haerosmith - "Shake Your Dude Thing"
https://youtu.be/ZlnVBxv_6ec
James Hetfield and the News - "Hip to Be the Sandman"
- Sat Jun 24, 2023 3:21 pm
- Forum: Other Discussions
- Topic: Netflix junkie
- Replies: 352
- Views: 135046
- Fri Jun 16, 2023 6:07 pm
- Forum: Gold
- Topic: The GOLD scream room
- Replies: 3693
- Views: 1766508
Re: The GOLD scream room
And before Michelle Makori, the previous editor-in-chief and lead anchor for Kitco was Daniela Cambone:
I'm sensing a pattern here...
I'm sensing a pattern here...
- Fri May 19, 2023 2:40 pm
- Forum: Other Discussions
- Topic: Schwab's Liz Ann Sonders Says The 'Fed Put' Looks Dead
- Replies: 22
- Views: 27465
Re: Schwab's Liz Ann Sonders Says The 'Fed Put' Looks Dead
I dunno if these numbers are true, that Stanfords endowment went from 30 billion in 2020 to 75B, but in any event it explains the glee with which universities forced the jabs into 18 year olds https://www.visualcapitalist.com/worlds-top-endowment-funds/ Not sure I follow. I assumed that since the j...
- Fri May 19, 2023 2:02 pm
- Forum: Gold
- Topic: Buy gold now?
- Replies: 13
- Views: 13574
Re: Buy gold now?
Those are both classics. The Curb Your Enthusiasm melody is another great one for fails.dualstow wrote: ↑Fri May 19, 2023 6:58 am— totally agree, Barrett.Doesn’t shine when it should
I think you’re talking about the sad trombone sound.
I like that, but I prefer the Price is Right Fail - https://youtu.be/_asNhzXq72w
- Mon May 08, 2023 11:41 pm
- Forum: Permanent Portfolio Discussion
- Topic: Portfolio Eintstein?
- Replies: 16
- Views: 14678
Re: Portfolio Eintstein?
You find this from the recommended books on investing to read like it was AI created? All reads to me as if it were written by a unique human being. As I already stated in my previous comment, “The short intro prose before the list may have been written by a human, but the lists themselves could ea...
- Mon May 08, 2023 11:34 pm
- Forum: Permanent Portfolio Discussion
- Topic: Portfolio Eintstein?
- Replies: 16
- Views: 14678
Re: Portfolio Eintstein?
I’m fine with AI-generated content as long as proper attribution is given. For example, “Powered by GPT-4” or “Some of the content on this site was generated using GPT-4” at the bottom of the web page.
- Mon May 08, 2023 4:40 pm
- Forum: Permanent Portfolio Discussion
- Topic: Portfolio Eintstein?
- Replies: 16
- Views: 14678
Re: Portfolio Eintstein?
Was it written by AI? I'd rate it extremely unlikely. You can go there and judge for yourself but I don't think AI is capable of creating a list of 50+ investing books to read broken down into four categories. All in all a highly impressive web site, packed with useful information. Sounds like exac...
- Thu May 04, 2023 2:08 pm
- Forum: Gold
- Topic: The GOLD scream room
- Replies: 3693
- Views: 1766508
- Thu Apr 27, 2023 11:59 am
- Forum: Cash
- Topic: Good piece on cash by Cullen Roche
- Replies: 11
- Views: 6921
Re: Good piece on cash by Cullen Roche
The only thing Roche doesn't address here is the possibility of a default in the next few months due to the debt ceiling circular firing squad antics in Congress. Because of that I'm going to wait to pull the trigger on locking in some high yields with a T Bill ladder until after the clown car has ...
- Wed Apr 05, 2023 11:40 am
- Forum: Gold
- Topic: The GOLD scream room
- Replies: 3693
- Views: 1766508
Re: The GOLD scream room
If you have the ability to see currency prices, I like to use the XAUUSD ticker for spot price. It feels like the right way to think about the price of gold. It is just the currency conversion from real money to USD 8) The iPhone stocks app doesn't find that ticker symbol, but I did find an interes...
- Tue Apr 04, 2023 1:05 pm
- Forum: Gold
- Topic: The GOLD scream room
- Replies: 3693
- Views: 1766508
Re: The GOLD scream room
Sorry, dualstow, I didn’t mean to be “that guy” and get nit-picky about something silly. So I retract my original question, which created quite a long tangent. :) Like you, I typically use GC=F ticker as a rough proxy of the gold spot price since that’s the closest thing I can find on my stocks app....
- Mon Apr 03, 2023 3:16 pm
- Forum: Gold
- Topic: The GOLD scream room
- Replies: 3693
- Views: 1766508
Re: The GOLD scream room
Yup. Sorry, dualstow -- gold spot is still below $2000. You're looking at the gold futures price for June.
(Edit: Strangely, GC=F displays as "June 23" for me, but in Smithers' screenshot it says "April 23". Not sure why.)
(Edit: Strangely, GC=F displays as "June 23" for me, but in Smithers' screenshot it says "April 23". Not sure why.)
- Mon Apr 03, 2023 1:56 pm
- Forum: Other Discussions
- Topic: Daily "Check In" Thread For Us
- Replies: 2302
- Views: 1408007
Re: New Gold Case
Saw this little container thingy at the hardware store the other day… thought to myself it would make a cool little gold bullion storage case. So I bought it! 58B37611-E940-4D03-926B-A3D92507A590.jpeg 6E865275-19FA-47DC-86BD-F1DD8D50865F.jpeg I just bought one of these online yesterday after rememb...
- Mon Apr 03, 2023 1:38 pm
- Forum: Gold
- Topic: The GOLD scream room
- Replies: 3693
- Views: 1766508
Re: The GOLD scream room
Which ticker symbol or web site do you use to get the gold spot price?
I checked www.goldprice.com and www.kitco.com just now, and both list gold spot of about $1984.
- Thu Mar 23, 2023 1:30 am
- Forum: Permanent Portfolio Discussion
- Topic: I'M OUT!
- Replies: 64
- Views: 77116
Re: I'M OUT!
Ditto to what Mark said: No shame in taking a time-out with your investing if things don't feel right or don't make sense. In fact, that's exactly what Harry Browne recommended in Fail-Safe Investing in Rule #9 ("Do only what you understand") and Rule #17 ("Whenever you're in doubt, e...
- Mon Mar 20, 2023 5:56 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 477520
Re: Silicon Valley Bank Failure
Are you suggesting that institutionalized fraud in the banking system should be tolerated because bank runs are uncommon? If so, that's a rather strange argument since civilized societies generally consider fraud to be illegal, unethical, and not to be tolerated. How is it fraud? Did a bank ever te...
- Mon Mar 20, 2023 5:28 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 477520
Re: Silicon Valley Bank Failure
What is usual longest term CD? Five years? Under your scenario how would banks finance house mortgages? In finance, I think this problem is called cashflow matching . Basically, one way to do it would be to take a pool of 5-year CDs with staggered maturities and match it with a pool of 30-year mort...
- Mon Mar 20, 2023 4:20 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 477520
Re: Silicon Valley Bank Failure
The whole reason why bank runs destroy banks is because of the institutionalized fraud. It makes the banks fundamentally fragile and unstable. If bank loans were legally limited to time deposits (CDs) as they should be, bank runs would not destroy banks. Not sure how this would fix anything. AFAIK,...
- Mon Mar 20, 2023 3:49 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 477520
Re: Silicon Valley Bank Failure
You might have a solution looking for a problem. Or at least a problem big enough for the juice to be worth the squeeze of a radical departure from modern fractional banking. Bank runs are not that common in the US, especially if you exclude the Great Depression and the 2008 financial crisis. Here ...
- Mon Mar 20, 2023 1:37 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 477520
Re: Silicon Valley Bank Failure
All you say seems logical and consistent. But it would certainly be a radical dramatic change in the banking industry if your proposals were adopted. Definitely. But it's a necessary change, IMO. The whole reason why bank runs destroy banks is because of the institutionalized fraud. It makes the ba...
- Mon Mar 20, 2023 12:37 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 477520
Re: Silicon Valley Bank Failure
Therefore under your proposal [the bank would] only be allowed to loan out the portion of the [deposits] that is CDs? Correct. That would certainly be a drastic reduction in how much they'd be able to loan (and a reduction in profits). What do you suggest they do (invest?) with the money that you b...
- Sun Mar 19, 2023 5:22 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 477520
Re: Silicon Valley Bank Failure
Yeah, very few individuals want to handle and store large amounts of physical cash. So I think most people use bank checking accounts mainly for convenience: Debit card transactions, direct deposit, check-writing, online banking, etc. And I agree with boglerdude that that convenience should come wit...