Search found 216 matches

by jhogue
Tue Oct 23, 2018 5:00 pm
Forum: Other Discussions
Topic: The official end of Swiss bank secrecy
Replies: 16
Views: 1493

Re: The official end of Swiss bank secrecy

dualstow, I am afraid that you have mischaracterized Swiss attitudes toward both privacy and crime. Paul Erdman, an American novelist who had once been the CEO of a Swiss private bank, said that the difference between the Swiss and the Americans is that the Swiss are willing to put their white colla...
by jhogue
Tue Oct 16, 2018 12:58 pm
Forum: Cash
Topic: Cash is King!
Replies: 12
Views: 2394

Re: Cash is King!

If possible, why not split your purchase? Also, given the recent rise in interest rates and inflation, I think the better deals are to found right now in shorter maturities than your 5 year bank CD. Consider: 1. One year US Treasury bill @ 2.70%. 2. Series I savings bond, currently @ 2.62%. (Wait to...
by jhogue
Thu Oct 11, 2018 11:05 pm
Forum: Other Discussions
Topic: The official end of Swiss bank secrecy
Replies: 16
Views: 1493

Re: The official end of Swiss bank secrecy

"beast knowledge"?
by jhogue
Wed Oct 10, 2018 6:58 pm
Forum: Other Discussions
Topic: The official end of Swiss bank secrecy
Replies: 16
Views: 1493

Re: The official end of Swiss bank secrecy

1. Actually, Harry Browne predicted that the Swiss would one day be forced to abandon bank secrecy, in his book on Swiss banks originally published in the 1980s. 2. If you read the article carefully, you will note that this new sharing of bank information with other countries applies only to foreign...
by jhogue
Wed Oct 10, 2018 6:40 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 2184
Views: 330334

Re: The GOLD scream room

Sage advice from Alexander Hamilton, The Federalist, No. 12: “The prosperity of commerce is now perceived and acknowledged, by all enlightened statesmen, to be the most useful as well as the most productive source of national wealth; and has accordingly become a primary object of their political car...
by jhogue
Wed Sep 19, 2018 5:24 pm
Forum: Cash
Topic: Obtain List of My Savings Bonds (EE/I) Outstanding?
Replies: 8
Views: 897

Re: Obtain List of My Savings Bonds (EE/I) Outstanding?

I don't have the figures in front of me, but I am pretty certain that US savings bonds do not now account for anywhere near the percentage of Treasury debt that they did in World War II and the following couple of decades. I agree that the 1 year T bill (currently at 2.59%) looks like the best value...
by jhogue
Wed Sep 19, 2018 12:51 pm
Forum: Cash
Topic: Obtain List of My Savings Bonds (EE/I) Outstanding?
Replies: 8
Views: 897

Re: Obtain List of My Savings Bonds (EE/I) Outstanding?

I have been studying the yield curve for about a year now, hoping to use it as a leading indicator on inflation/deflation and, hence, prospective I-bond and EE-bond rates. Over the last year, the 1 year T bill rate has risen 137 basis points. In the same time period, the I bond rate has risen just 5...
by jhogue
Wed Sep 19, 2018 11:06 am
Forum: Gold
Topic: Perth Mint depository online data breach
Replies: 16
Views: 1405

Re: Perth Mint depository online data breach

Pugchief,

Did you consciously decide at some point not to hold physical gold? Or, is it perhaps the consequence of the tax structure of your investment portfolio?
by jhogue
Tue Sep 18, 2018 6:06 pm
Forum: Cash
Topic: Obtain List of My Savings Bonds (EE/I) Outstanding?
Replies: 8
Views: 897

Re: Obtain List of My Savings Bonds (EE/I) Outstanding?

Sorry I could not offer you more help.

I will be watching the yield curve and interest rates carefully before the 11/1/18 reset. I think it quite possible that the Treasury will revise the fixed and/or variable I bond rate. Possibly the EE bond rate too, but that seems less likely at the moment.
by jhogue
Wed Sep 12, 2018 5:29 pm
Forum: Cash
Topic: Obtain List of My Savings Bonds (EE/I) Outstanding?
Replies: 8
Views: 897

Re: Obtain List of My Savings Bonds (EE/I) Outstanding?

The US Treasury will not provide you with a list of bonds that you bought. Everyone who invests in US savings bonds should make their own list of bonds and keep an updated copy of that list in a secure place, like a bank safe deposit box. If your paper EE bonds were lost, stolen, or destroyed, you c...
by jhogue
Fri Aug 24, 2018 12:25 pm
Forum: Other Discussions
Topic: Trump as tragicomedy
Replies: 620
Views: 52233

Re: Trump as tragicomedy

I believe that it was also James Carville who said: "You never know what you'll come up with if you drag a $100 bill through a trailer park." (referring to Paula Jones' successful lawsuit for sexual harassment against Bill Clinton). There were also some other quotes attributed to him of an even eart...
by jhogue
Fri Aug 24, 2018 10:51 am
Forum: Cash
Topic: New I Bond Rate 11/1/17 - 4/30/18
Replies: 47
Views: 10900

Re: New I Bond Rate 11/1/17 - 4/30/18

Tipswatch is a great website for tracking the inflation rate of the CPI-U and possible moves in I bond interest rates. That said, I am not sure why the author also promotes the purchase of TIPS. I find TIPS unsuitable for the HBPP, both because they can produce a negative yield in a deflationary eco...