http://www.efinancialnews.com/story/201 ... ines-TT-AM

Looks like gold is starting to move again.

Those of us who have dedicated our careers to health care must confront the fact that our inability (or, more likely, unwillingness) to reduce the waits and delays that bedevil emergency care is harming and even killing our patients. The Shakespearean warning “Defer no time, delays have dangerous e...

With all due respect to Buffet, I recall reading somewhere that his returns over the last decade were not that impressive.

Probably silver or whatever had taken gold's place as the most universally recognized store of value for the last 6000 years.

Good catch. I didn't read it that carefully.

stone wrote: I'm sure that if the UK hadn't had rationing post WWII, we would have had hyperinflation.

If you didn't have rationing you would have lost the war. I don't like rationing and as a rule I think it's a bad idea. But there are exceptions to every rule.

Rick Ferri is a very smart guy. Unfortunately he has a low tolerance for contrary opinions that sometimes comes across as snarky arrogance.

This is awesome, thanks for the link! "Passports are required only in Russia and Turkey." Oh how the times have changed! I know. I was reading about traveling on ocean steamships to get to Europe and realized that this was published just two years before the Titanic disaster. The pre-Worl...

Both gold and silver have been showing signs of life lately. And I agree that silver could be a very profitable long term speculative investment. I have doubts about owning it physically though. Storage costs for silver storage could be much higher than gold for obvious reasons. Although I am not a ...

Setting aside the arguments for gold as an inflation hedge the question seems to be why physical? Physical gold is the financial equivalent to catastrophic health insurance. Most people on this forum don't expect a major SHTF scenario. But we are all aware that such things have happened and can do s...

When were those historical periods? Well, of course, it wasn't as severe in the USA as compared to other countries.  The worst was a -25% or so real loss during the 9-year period between 1939 and 1948.  Bbreakeven was not reached until 1954, a total of 20 years being underwater.  Thats 42.5% of a 4...

There were several historical periods that would have left you very broke in real terms, not nominal.  Invested primarily in equity markets in the world's largest economy? Invested primarily in debt of the world's strongest military? With a full 25% allocation to gold? When were those historical pe...

Broke?  Stocks, bonds, gold, and cash all fall to zero?  What sort of scenario leaves you broke with a Permanent Portfolio? There were several historical periods that would have left you very broke in real terms, not nominal.  Nominal is an illusion if your purchasing power has dropped 50%-75%+.  I...

For those with an interest in history and cultural norms a comprehensive guide for travelers published by the Scientific American...
http://www.gjenvick.com/HistoricalBroch ... index.html
Quite a few photos included.

I am not a fan of dogmatism (although I would not be comfortable if anyone omitted any of the asset classes entirely). But if you want to throw in a little silver with your gold, go for it. If using a global stock index fund as opposed to all US will help you sleep at night, knock yourself out. If y...

Given the voluminous threads on this subject that have popped up I'm almost afraid to post this link. But here goes...
http://techcrunch.com/2012/08/11/is-mod ... d-come-on/

A safe deposit box in a bank is the best way to store gold 98% of the time. Home storage is always high risk. I don't care where you hide it, or how many dogs with big teeth you have or if you keep loaded firearms in every room of the house including next to the crapper. The only exception I can thi...

Ok, so the purest HBPP in today's world might be: 25% Total Stock Market Fund/ETF 25% Long-Term Treasury Bonds 25% Treasury Bills 25% Physical Gold A less "pure" version might use ETFs for the gold, LTTs, and STTs. An even less pure version might use PRPFX and EDV. And an even less pure v...

25% total stock market ETF 25% gold bullion 50% intermediate term treasury fund If Cuggino dropped the expense ratio to say 0.5% from the current .71%, and dumped the now useless Swiss francs, would PRPFX be a more palatable option? Hugely. But I agree with Reub. It's about as likely as a blizzard ...

The purer you go, the more of a hassle it is to manage. For me, ETFs + physical bullion is good enough to let me sleep at night. I agree. For me one of the great attractions of the PP is its simplicity. I feel quite safe holding the bonds cash and stocks in ETF's. If you are proposing an investment...

Nice charts. Thanks for posting.

Pros and Cons as compared to IAU in an IRA? Gold is the last asset you want in tax deferred. IMO. Fill it first with bonds, cash and stocks. Keep some cash out for emergencies though. Gold can go in last, but don't put all of it in there. Frankly the level of trust I have for Perth Mint over an etf...

The Russian Orthodox Church has issued a statement appealing for mercy for the band members.

http://worldnews.nbcnews.com/_news/2012 ... mercy?lite

Billionaire John Paulson raised his stake in an exchange-traded fund tracking the price of gold while selling other stocks during the second quarter, leaving his $21 billion hedge fund with more than 44 percent of its U.S. traded equities tied to bullion. Read the rest here... http://www.bloomberg....