Yeah, but no one with a brain would use unallocated storage except as a temporary parking place.  I'm not sure I agree.  I think either you trust the mint or you don't.  If they're not honest enough to honor the unallocated storage, then why would anyone expect them to honor the allocated storage?

Good discussion here. http://gyroscopicinvesting.com/forum/gold/perth-mint/ There are a lot of good posts by the user named Bronsuchecki.  He works there, I think. Isn't that discussion with regards to the certificate program which had a 10k minimum? I believe this new one doesn't have this require...

Good discussion here.

http://gyroscopicinvesting.com/forum/gold/perth-mint/

There are a lot of good posts by the user named Bronsuchecki.  He works there, I think. 

Would love to meet you guys, but will be out of town.

Pour some out for me!

During the Rodney King beating, some of the radio traffic included the following comment: "This is like something out of Gorillas in the Mist ." They first scene of the first episode of the FX show The People versus OJ Simpson is the footage of the Rodney King beating and LA riots.  It ma...

Anyone watching it?

Gotta say, the first episode was pretty promising.

http://www.fxnetworks.com/shows/america ... y/episodes

GLD position is up 56%
TLT position is up 49%
SPY position is down 49%

Altogether it's up around 19% for the year so far.

I have dealt with physicians in a surprising number of settings, and the one thing that I can always count on is an attitude of: "I know.  I got it.", even when it was clear that they hadn't gotten it yet.  When you are trying to provide professional services to these people it can be mad...

Alright, my portfolio is designed! 25% Equities: 1/4 Europe Index 1/4 USA Index 1/4 Asia Index 1/4 Japan Index 25% Gold: IAU 25% Bonds: TLT 25% Cash Swedish Money Market mutual fund You may have mentioned this elsewhere already, but why not just use VT for your stock holding?

So is it any surprise that adding a lot more stress is not working out too well?  It's not too surprising, MT, that two doctors of your acquaintenance have exited stage right in the past two years.  Sadly that trend will continue.  And yes, maybe it is the nicer/sensitive people who are less likely...

Thoughts? I think it's a reasonable thing to do, as long you're comfortable with the tracking error you'll get as compared to a PP holding only gold, and especially if it's with only a fraction of your gold allocation. I am thinking about doing it myself.  I trust CEF more than I do GLD, SGOL, IAU,...

And CEF, but that has a lot of silver too. Actually not a bad idea, though, especially if you don't hold a high percentage of your overall gold allocation in an ETF or close-ended fund.  I just like these Canadian funds better.  They are more transparent and less susceptible to Wall Street shenanig...

var wrote: i back tested the spy and tlt 50/50 strategy with the simba spreadsheet... and it looks decent...

With options???

I wish I was a cartoonist.

I feel like someone could make a great comic strip  out of whales discussing the thumb-bots.  I'm not sure how...sorta like Dilbert...but with whales and thumb-boys instead of Dilbert.

One of the funniest fights I've ever seen.

https://www.facebook.com/rudeboywill/vi ... 410676093/

About 4 mins.

(I'm pretty sure it's staged though).

var wrote: when did you buy your new set of LEAPs for 2016?

December 30th.

There's a new episode of the Black Mirror available on Netflix called "White Christmas." 

The entire series (all 3 seasons) have really great, original, creepy science fiction (like a modern-day Twilight Zone) but this episode is particularly good.

I think that season 2 was better than season 1. Season 2 was some of the best television I have ever seen. If you go back and watch it a second time, there are all sorts of details that you probably missed the first time around.  Brad Garrett's explanation of his shampoo preferences takes on a lot ...

this my humble opinion... i do love the PP... however i think gold is dead i dont think it will rise again for at least 10 years... That may or may not be true.  But if you look back at the bear market of 80's and 90's, there were still years where gold had positive returns. Hopefully you keep us p...

Had a few questions and idea  At some point was this up greater then 30 pct for the year? Thanks for your interest.  I've been dying to discuss this with someone! For the last 3 years the returns were 3%, 85%, -58%. Because options obviously expire, it's not like you can just stay the course when t...

The black line on the chart is the 10-year moving average of the real returns (not the CAGR).  It shows that the PP is continuing to do its thing, even though we have experienced two years of negative real returns in the past three years.  The real CAGR over the last 10 years has been 4.86%. Great ...

I will have SLV, GDX, and GDXJ LEAPS all expiring next month which I bought 2 years ago under the assumption "they can't go any lower!" All are massively underwater and have zero value. I see from your previous post you were up well for the 2014 year.  And down for the latest.  Par for th...

Rough 2015! All positions were at the money when I purchased. Initial (Jan 7, 2015)                                        Final (Dec 30, 2015)                                                                                            Gain/Loss SPY  Jan 2016 Expiration---$2115                      $...

Although not a money market fund, I think VFISX is better.  It's almost purely US treasuries, just of slightly longer duration, so subject to a little bit of interest rate risk. 

You may recall my intention was to revisit the 25/25/25/25 allocation in January, thinking about switching to a Golden Butterfly or similar variant -- at a minimum adding some level of small cap and/or international. The more I look at the current markets, the more I am convinced that 2016 will be ...