I guess it depends on your opinion of what that means. Even truly poor people in the US have cell phones, flat screen TVs and air conditioning, not to mention plenty of food, rent assistance, etc. Ya, they don't have yachts and mansions like Bezos and Zuck, but those are hardly necessities. I agree...

Another factor not yet mentioned is the decline of the rule of law. You can no longer take a case to court and predict, within a reasonable margin of certainty, how it's going to come out because it's all arbitrary. The result is that investors and businesspeople cannot anticipate the consequences o...

Either way, it's for the future generations to design the future, not the dinosaurs. I think Thomas Jefferson was a big proponent of that idea, that a future generation should not be encumbered or restricted by the beliefs of their predecessors. Great. By the look of things, we won't be able to cou...

I have heard the quote also, but I thought it mostly referred to changing consumer habits like the quote references i.e. Uber or self driving taxi in lieu of owning a car, renting a house vs owning, even SAAS instead of actually "owning" the software. Some of these changes are socio-demog...

vnatale wrote: ↑Tue Mar 07, 2023 9:36 pm Do I take this and all Tucker has to say as condoning what the criminals did to the Capitol police who were trying to prevent them from coming in?

What world does he and these Twitter people live in?

The only criminal in a case where exculpatory evidence is hidden is the prosecutor.

On the World Economic Forum "own nothing and be happy" quote: I did some digging to try to find the origin of that and what the broader context might be. * * * In some corners that slogan is treated as their official position which it seems that it is not. Xan, it would be an equally wort...

https://www.collegemedianetwork.com/almost-40-of-college-university-undergraduates-nationwide-favor-socialism/ https://news.gallup.com/poll/257639/four-americans-embrace-form-socialism.aspx As a person that is heavily invested in stocks for generational wealth, I will have to admit that the one thi...

This is an interesting, and very timely, topic. If you can't muster an opinion, or even a constructive thought about it, then why post at all?

Is this subject so threatening that it must be summarily shut down?

Yeah, could be just age. But here's another. https://www.thegatewaypundit.com/2023/03/new-joe-biden-has-cancerous-lesion-removed-from-chest/ Edit: I take it back. It was just a basal cell carcinoma. Second edit on 3/9/22: Now Mitch McConnell. https://www.thegatewaypundit.com/2023/03/mitch-mcconnell-...

I dumped a bunch of VTSAX today and substituted for it about 20 individual stocks picked to roughly mirror what's going on in PRPFX and the Permanent Portfolio Aggressive Growth Fund. It's one of the few moves I've felt really good about lately. And I'm loving having individual companies to root fo...

When Hillary took her infamous fall and showed up in inch-thick prism glasses, I suspected immediately that she was in panic mode. Having worked with many high-flying, risk-taking clients in the course of my legal career, I recognized the pattern. The minute they get scared of going to prison, they...

I dumped a bunch of VTSAX today and substituted for it about 20 individual stocks picked to roughly mirror what's going on in PRPFX and the Permanent Portfolio Aggressive Growth Fund. It's one of the few moves I've felt really good about lately. And I'm loving having individual companies to root for.

Permanent Portfolio Funds Aggressive Growth Portfolio Top 10 Holdings (as of 1/31/23): Freeport McMoran NVIDIA Corp. Broadcom, Inc. Lockheed Martin Costco Morgan Stanley Air Products & Chemicals, Inc. Autodesk, Inc. HF Sinclair Corp. Could we, by consensus, build something of our own?

Here is what HB has to say on the topic. . . For the Permanent Portfolio, a stock-market investment should have these attributes: The Permanent Portfolio's stock-market investments, as a group, should reflect a broad spectrum of American enterprise; they shouldn't be tied to a signle industry or na...

I am also interested in converting my stock funds to individual stocks--mostly for the purpose of reducing the number of intermediaries between me and my money. As I recall, Harry Browne envisioned the use of individual growth stocks in Failsafe Investing, mentioning index funds only as a no-muss, n...

There is a good argument that it truly is different this time. Different in the sense that the Fed is being presented with a Hobson's choice from which there is likely no good outcome--and different in the sense that the global elite appear to actually be TRYING to take down the economy. That said, ...

One pro=big government progressive is fed up with the government's non-response to this incident, and you won't believe who it is.

https://twitter.com/i/status/1627025539977613312

The Fed owns 40% of all the outstanding Treasurys already. They can just crank up purchases if foreigners decide they don't want it. They will keep the printing presses rolling. Which, if the effect is to just trigger more inflation, could put that 5 percent return in a very different light. If thi...

Transposed if I’m being nitpicky. (But I don’t think Maddy reads my posts anyway). Nitpicky is okay. So what is the difference in meaning? In my world, "transposed" means going from the Key of F to the Key of G. And of course I read your posts. You should be happy that I'm not pitching yo...

Thank you sincerely, Mountaineer--but its was my poor attempt at a joke.

Damn, you're right! That's not the first time I've juxtaposed them. (Can't imagine why. Could be that head injury I had last week. . .)

When Hillary took her infamous fall and showed up in inch-thick prism glasses, I suspected immediately that she was in panic mode. Having worked with many high-flying, risk-taking clients in the course of my legal career, I recognized the pattern. The minute they get scared of going to prison, they ...

The 5% rate may be reflecting more than the risk of delayed payment due to the debt ceiling. If it is true that treasury bills are destined to return to the U.S. in droves as the BRIC+ countries solidify agreements intended to circumvent the dollar, then I would ask whether the 5 percent rate is ant...

Vinny offered a meme and a quoted article. Which is more than what you initially offered with a bare link to a Tucker video. Once again, the video posted by Vinny had absolutely nothing to do with the subject at hand. It involved a generic trashing of Tucker Carlson's "brand." I should no...

Vinny watched the video enough to realize it was the typical drivel from Tucker Carlson and dismissed it out of hand. A viewer doesn't owe an established media personality a fresh slate every time a new video is posted. I don't have to presume that Trump isn't lying or Biden isn't having a senior m...