Hello everyone, After reading partially through a long email thread, ( http://www.usagold.com/goldtrail/archives/another1.html ) it has got me thinking as to what the "store of value" is in the PP. To explain further.... both shares and bonds generate a return, so they can be considered in...

It’s just market noise. To reassure yourself, look at a graph of the 30-year Treasury yield (^TYX) year-to-date, and over the past 5 years, 10 years, and 30 years. Draw a trend line through it. It’s a steady downhill slope. As comforting as I wish that were, if you go back further that slope isn't ...

Since a state marriage is a legally binding contract, romance has nothing to do with it. You shouldn't let emotions get in the way of making level-headed business decisions, which is essentially what a state marriage is. Unfortunately, most people don't realize this when they enter into it. Well fo...

Curious, if any of you are married and had a prenup, how did that whole conversation go? I'm glad my husband and I didn't get a prenup. Sorry but it's just so plain unromantic. Since a state marriage is a legally binding contract, romance has nothing to do with it. You shouldn't let emotions get in...

There's definitely a bit of truth on the subject of biological differences between different kinds of people, but the subject always seems to reveal strong correlations between how much someone harps on it and how much of an asshole they are. The mere subject is a pretty good signpost that you're e...

Well done Moda, A very concise summation of the legal/financial side of a Marriage. Couple of queries: 1. Pugchief suggested a "pre-nup". Upon dissolution of a relationship, does this have any legal standing? If the partners agreed previously, upon the dissolution of a relationship, can th...

Marc Faber interview - his side of the story. 36 min mark onwards.

https://www.youtube.com/watch?v=qs4hdyXbUZU

I think that the benefits are more about life satisfaction than financial benefits. I found this link though which shows the overall financial benefit to society (rather than the individual) when more people get married before having children. http://www.heritage.org/poverty-and-inequality/report/m...

I've been doing an analysis lately on the benefits/costs of being married in the eyes of the state. Before I produce some of my "findings," I'd love to hear what people have to say here. Hi Moda, Don't forget to come back and enlighten us on your findings! Maybe some others have some more...

This link is from an Ex- Marine detailing the Marriage Contract and its issues DO NOT listen if you cannot tolerate bad/rough language, however his description of a "State Marriage Contract" is very concise. https://www.youtube.com/watch?v=1pCHZuErZCM Is it true what he states about Marria...

For Perth unallocated coins: https://www.perthmint.com/storage/pricing.html 1% fee to buy or sell. Of the day's spot price? No storage fee. If you want the actual coins, convert to allocated, and pay 5% fabrication fee. What type of gold coins do they send? Do they report sales or anything to IRS? ...

Perth Mint for me. Only using the allocated option, where my holdings are isolated. And just for a trial, I requested some coins get delivered to myself, and yes, they arrived. PS. HB might have been onto something when he recommended holding coins. Mexico thinking about remonetising bullion coins. ...

Some silver monetary history, courtesy of Hugo Salinas Price.

http://plata.com.mx/enUS/More/331?idioma=2

Like the Eagle story at the beginning....

I don't know but I wonder what he'd have thought about QE, NIRP, ZIRP, etc. That's like an entirely new condition... Japan style stagnation. The PP has done pretty well in Japan, I understand. I don't think any new wisdom was necessary. That's good to hear. If they keep piling on more debt and QE, ...

So, what are thoughts on a reconfigured PP if Harry were to react to a 5th economic condition? More 30 year Treasuries? Less gold? Thanks. I don't really see the difference between inflation and devaluation the more I think about it.... Both methods increase the money supply. Devaluation: We will c...

https://books.google.com.au/books?id=jwYEAAAAMBAJ&pg=PA31&dq=harry+browne&hl=en&sa=X&ved=0ahUKEwj55v7s2-DWAhUDTLwKHYvhDYAQ6AEIMjAC#v=onepage&q=harry%20browne&f=false Harry Browne thought devaluation was an economic condition as well ?? How would the PP handle devaluation?...

https://books.google.com.au/books?id=OgUEAAAAMBAJ&pg=PA98&lpg=PA98&dq=savings+vehicle+examples+gold&source=bl&ots=spgDrVkOQ8&sig=hglfW_RA3g5RtuBOSCjdRdHD8jo&hl=en&sa=X&ved=0ahUKEwjvxI-jlt3WAhVGV7wKHbnqBzEQ6AEIRzAJ#v=onepage&q=savings%20vehicle%20examples%20gol...

As I discussed in my previous posts, I'd have only US PP because of the peculiar relationship between gold and USD (and no other currency as pointed out by HB). For all other countries, I'd stick with an appropriate Bogleheads-style portfolio (that you can add some gold to if you like). I believe L...

I actually consider Gold a store of wealth, rather than a medium of exchange. Harry Browne stated in one of his interviews that gold was the next popular currency/money after the USD, but honestly, I don't think that applies now. If I had the funds, I would hold farmland as a store of wealth as well...

If they go for options like negative interest rates in the next crisis, bonds would look pretty good.....

But you are correct, I don't think HB would have envisaged the current situation.
Personally I would go with the minimum 15% allocation of long term bonds.

Frankly, I would set up a PP in using the world reserve currency. Currently USD. Shares could be all US if you wish or a blend with international. Then hold another separate allocation of cash from the country you are currently residing. I wouldn't want to hold a Tonga PP or Zimbabwe PP if you were ...

Few places to research... http://www.merkinvestments.com/downloads/2014-03-20-case-for-gold-optimal-portfolio-allocation.pdf http://actuary-info.blogspot.com.au/2011/02/gold-risk-or-rescue.html https://www.youtube.com/watch?v=KWqNTYhGCtU Very good site and a few other thoughts If you have any debt, ...

Thanks Kbg,

A really good find, will have to read it carefully.
This diagram hit home....

http://www.gestaltu.com/wp-content/uplo ... erfall.png

Hmmm. It seems to me the whole risk parity approach relies on the asset class volatility remaining stable. If volatility varies greatly from historical norms due to some shock, you could be left exposed with a large asset class holding. Eg: PP long term treasuries = 25%, All seasons portfolio = 40% ...

Thanks for your comments - most interesting. Tyler - I see you consider the PP as a simplified risk parity approach. After much reading of Bridgewater papers, I am not sure if HB meant the permanent portfolio to be a risk parity approach, rather he might have just came up with a similar allocation u...