I’m no fan of Antifa, but I find it telling that the guy whose twitter feed you posted made his first point to say 1) Ban face masks and 2) Criminalize Antifa. State violence in the form of trying to ban expression and criminalize group membership is far and away more dangerous than these Leninist ...

No, you're not running the Golden Butterfly portfolio. You have a Permanent Portfolio and a Variable Portfolio with some stocks in it. 8) ;) That's the way I thought about it too when I first started out but, truth be told, when I first started with the GB it wasn't money I could afford to lose lik...

60/40 has had the wind at its back with this incredible equity bull market. The PP on the other hand has been comparatively hampered thanks to the fact that 50% of the portfolio is cash and fixed income. Exactly the scenario warned about in the preface to the latest book on the PP. I think it was b...

https://finance.yahoo.com/news/boeings-737-max-software-outsourced-204657048.html I lost my job a few years ago due to the fact that the company I worked for made a decision that 90% of software development was going to be "off-shored" to India. Wasn't that big of a deal to me because I p...

NASA headed towards giant golden asteroid that could make everyone on Earth a billionaire . https://media.giphy.com/media/rl0FOxdz7CcxO/giphy.gif When I saw that headline the only thing I could think of was that someone has a serious problem understanding the fundamental laws of economics - namely ...

Beyond that, the dividend focus can give you exposure to quality and value factors, as admitted by the likes of Swedroe. It may be a supposedly tax inefficient way, but my observation is that dedicated factor/multi-factor funds have pretty high turnover, making them not that efficient either. I nev...

Did the televised debates narrow the Democratic field? Did Kamala Harris-- who is "black"-- trash Joe Biden's civil rights record enough to damage his status as frontrunner? I thought Biden would almost certainly get the nomination but I've completely changed my mind, not just because of ...

I'm not sure what the official definition of "Premium" is but I always think of it as the difference between what I could sell my coins for vs what I would have to pay to buy them back. Right now the difference is around $45 on AJPM where I get my prices. I think it may have been higher wh...

I was perhaps too young to see the "rehabilitation of Nixon." I never realized that was a thing. If you haven't seen it, I recommend the movie "Frost vs Nixon" to get up to speed on Nixon's rehabilitation tour. It was about a series of interviews he did with David Frost. Like al...

Okay, now it has escalated to "Drone attacked". No loss of life. Just the loss of a $133 million piece of military equipment. If you can take anything you read at face value Trump thought it wasn't worth an estimated 150 Iraqi lives in retaliation. I agree. Can't help but wonder how much ...

Okay, now it has escalated to "Drone attacked". No loss of life. Just the loss of a $133 million piece of military equipment. If you can take anything you read at face value Trump thought it wasn't worth an estimated 150 Iraqi lives in retaliation. I agree. Can't help but wonder how much 1...

Wow, Quicken doth say my gold ROI is > 0%. Physical gold, unfortunately, is still a bit underwater as some of the first ones I bought were for $1725/ounce. (Correction: Even my physical gold hit the break even point yesterday) Same here. Bought some gold back in 2012 for close to $1800, but overall...

I like Mayor Pete. Most well spoken one of the bunch. And a military vet. I'd be interested to see the response across America to a president who is gay and a veteran. I suppose some heads will explode. I suspect Mayor Pete and his husband would be well-received in Europe and may even win the Nobel...

Maxine Waters is worried about the "national security" issues of cryptocurrencies and thinks congress should start taking a look (translation: they are worried they can't control it and/or get their hands on it). She may be a fruitcake but she's also the chairman of the house finance commi...

Almost 6.5 years since gold has been at this level. March 2014. Wow. Hope it holds. About freaking time. Original ETF gold I bought (IAU) just went from red to green for the first time in a long time. Physical gold, unfortunately, is still a bit underwater as some of the first ones I bought were fo...

Well I guess I finally found out what was meant by "American Linked". https://fabiusmaximus.com/2019/06/15/craig-murray-the-lies-about-iran/ According to this article the second ship was Norwegian with a crew half Russian and half Filipino. The first one was Japanese. So the American conne...

Wishing DJT a belated happy birthday. Just heard he turned 73 yesterday. I turned 70 4 days before and can't even imagine taking on the challenges he is faced with at that age. He's got Iran, North Korea, Russia, China, the border crisis, etcetera, etcetera, etcetera, not to mention a significant nu...

I am now more than a decade into using the PP and am satisfied with the results (although I did switch to the Golden Butterfly a few years ago). It actually saw me through to my retirement and helped me meet my goals during that time so it's kind of like my old Dodge Caravan which I bought right aro...

Reports say it was an "American-linked" tanker. What the hell does that mean? Funny thing is I thought this would be all over the T.V. news when I tuned in and I couldn't find a thing. I guess there are more important things to talk about ... https://www.nationalreview.com/2019/06/on-paint...

Yes, I turned 70 two days ago (and get my first SS check next month). And for the record I'm a kick-ass 70 year old. Celebrated by doing a 200 mile bike ride with my son (actually it was originally supposed to be a 400 mile ride but still not too bad). Badass! What’s your secret? Discipline, or jus...

He’s not under 60. Happy belated birthday, btw, Jackson. 🎂 Yes, I turned 70 two days ago (and get my first SS check next month). And for the record I'm a kick-ass 70 year old. Celebrated by doing a 200 mile bike ride with my son (actually it was originally supposed to be a 400 mile ride but still n...

dualstow wrote: ↑Tue Jun 11, 2019 9:53 am moda, what is your take on impeachment?

- A strategy for preventing Republican victory in the next election?
- A lost cause?
- Other?

I don't know about Moda but I vote for....

- Democrats need to get their heads out of their asses

Disgusting, but absolutely expected. ::) I'm thinking wealthy people might start thinking twice before agreeing to be a college commencement speaker. Because of an "Instagram user?" Come on guys you're really reaching now. In other recent news, democrats ridiculed on Twitter for breathing...

Tortoise wrote: ↑Sat Jun 08, 2019 1:31 pm Looks like Mexico made a deal with the U.S. to avoid the tariff.

Maybe Trump actually knew what he was doing.

Great.

Now how long before some federal judge blocks the whole thing again?

Seems to me an ideal time for the PP to do well.

I don't know about the rest of you but I think I had my biggest one day gain ever today. Told my wife if we could do this every day it would be better than winning the lottery.