Search found 823 matches

by AgAuMoney
Sun Aug 18, 2013 12:51 pm
Forum: Permanent Portfolio Discussion
Topic: I am out!
Replies: 36
Views: 16033

Re: I am out!

On a side note, if I were a trader or market timer, I'd be a tad nervous about stocks right now. The time to buy was late 08 and early 09 when everyone hated them. What I'm seeing on Wall Street these days is a classic case of dumb money chasing hot money. We have had near five years of stunning ga...
by AgAuMoney
Sun Aug 18, 2013 12:47 pm
Forum: Other Discussions
Topic: Monetary system and debt
Replies: 1
Views: 1333

Re: Monetary system and debt

90% correct. The only area of your summary where I entirely disagree is that of the "first step."  The first step is for the gov't to issue the debt.  The federal reserve system (not just the fed itself) is obligated to buy that debt in exchange for a credit to the gov'ts account. Yes, the gov't cou...
by AgAuMoney
Fri Aug 16, 2013 8:56 am
Forum: Cash
Topic: How to Purchase something bigger
Replies: 5
Views: 4608

Re: How to Purchase something bigger

I need to BUY something more expensive and as I am 100% PP I need your help: Shall I use the CASH 25% PORTION, it would be reduced to half or shall I close a portion in all 4 assets? Don't overthink it. Use the cash and rebalance if/as needed and convenient. If the cash were not sufficient then you...
by AgAuMoney
Fri Aug 16, 2013 8:54 am
Forum: Permanent Portfolio Discussion
Topic: Another re-balancing question
Replies: 7
Views: 5130

Re: Another re-balancing question

You would end up with the same portfolio either way, other than having more transaction fees by selling and re-buying, so why would you do that? This. For the extreme example of "sell first" approach, consider you could always sell everything (going to 100% cash) and then rebuy everything to end up...
by AgAuMoney
Fri Aug 16, 2013 8:42 am
Forum: Permanent Portfolio Discussion
Topic: Error : 100% in one BROKER
Replies: 28
Views: 13756

Re: Error : 100% in one BROKER

I asked and they don't do it  :-\ I would have to close, imagine, half of each position and transfer and open new positions. Many brokers resist PUSHing assets other than cash to a new broker. Instead, ask your new broker to PULL the assets.  They are usually more happy about PULLing assets in than...
by AgAuMoney
Fri Aug 16, 2013 8:39 am
Forum: Permanent Portfolio Discussion
Topic: Error : 100% in one BROKER
Replies: 28
Views: 13756

Re: Error : 100% in one BROKER

I understand that.  I was really wanting to hear why you think it is horrible for a PP strategy. For me, the PP provides peace of mind.  So if you are in all cash for a week, what's the big deal? And why would you need to be in all cash for a week?  Never more than 50% cash, because that is what yo...
by AgAuMoney
Mon Aug 12, 2013 8:40 pm
Forum: Other Discussions
Topic: Help me troubleshoot my DSL connection
Replies: 11
Views: 4264

Re: Help me troubleshoot my DSL connection

If you have a long enough phone line to get your DSL modem plugged directly into the outside phone box bypassing the current wiring, you can determine if it is your inside wiring or not. Instead of a long phone line, I'd recommend a long extension cord and put the router outside by the phone networ...
by AgAuMoney
Mon Aug 12, 2013 8:38 pm
Forum: Permanent Portfolio Discussion
Topic: Investing a Lump Sum
Replies: 3
Views: 3054

Re: Investing a Lump Sum

A relative recently lost a loved one who left her a tax free life insurance benefit.  The relative would like to invest that money in permanent portfolio in an account that itself would be tax free or at least deferred to ultimately leave to her heirs. The payment is tax free because it came from l...
by AgAuMoney
Thu Jun 13, 2013 11:54 pm
Forum: Other Discussions
Topic: Ditch the bed..
Replies: 34
Views: 15071

Re: Ditch the bed..

But, not sure I understand why we would want "low (but not zero) resistance and volts between neutral and ground." Obviously "zero" resistance and volts would be a sign of a bootleg job. But, wouldn't "low (but not zero) resistance and volts" imply that the neutral and ground were somehow completin...
by AgAuMoney
Thu Jun 13, 2013 11:35 pm
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

Are you talking about what the federal government could imaginably get away with if all our armed forces and legal structures simply decided to start committing mass murder/genocide? What do you mean "if [they] simply decided" ??  The decision is done.  Those actions have been and continue to be ta...
by AgAuMoney
Thu Jun 13, 2013 11:31 pm
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

To me its pretty clear. The fiat value of the coin would be higher than the metallic content, so I would see it as a fiat currency that happened to be stamped on gold. The gold content ensures that a counterfeiter would have to spend at least $1,400 trying to create a duplicate. That difference in ...
by AgAuMoney
Thu Jun 13, 2013 11:27 pm
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

You are simply making sh*t up. It certainly does feel like that at times! Definitely not making it up. You can read more about the history of money in this book: ... I am not sure why I am getting such a vitriolic response. Because you are making this stuff up: The gold was basically an extra step ...
by AgAuMoney
Thu Jun 13, 2013 11:21 pm
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

Historically, many of the previous monies that were issued were effectively fiat money that happened to be stamped on to gold. The gold was basically an extra step in the currencies' counterfeit prevention process, not the driver of their value. That is 100% ignorant of monetary history.  You are s...
by AgAuMoney
Wed Jun 12, 2013 9:23 pm
Forum: Other Discussions
Topic: Finance and Investing Books
Replies: 38
Views: 17850

Re: Finance and Investing Books

Anyone have any thoughts on a good book about the Great Depression or financial history of the US? Not "good" as in "novel" but good as in great collection of historical facts with some narrative and a lot of references: Not just the U.S. but much/most of it is western economic failures of the last...
by AgAuMoney
Wed Jun 12, 2013 9:18 pm
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

Historically, many of the previous monies that were issued were effectively fiat money that happened to be stamped on to gold. The gold was basically an extra step in the currencies' counterfeit prevention process, not the driver of their value. That is 100% ignorant of monetary history.  You are s...
by AgAuMoney
Wed Jun 12, 2013 9:16 pm
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

Our point is that this goal has proved to be a miserable failure. When the government ties its own hands, it can simply undo the binds anytime it wishes. So you are saying that because gov't breaks its promises, the gold standard failed?  That's asinine. And every time the U.S. abandoned the gold/s...
by AgAuMoney
Wed Jun 12, 2013 9:11 pm
Forum: Other Discussions
Topic: Ditch the bed..
Replies: 34
Views: 15071

Re: Ditch the bed..

For what it's worth, the Wikipedia article on those little receptacle testers seems to have similar advice to what you are saying... Whew!  ;D With the meter, look for low (but not zero) resistance and volts between neutral and ground. (Zero ohms is a sure sign of a bootleg job.) Be VERY careful wi...
by AgAuMoney
Wed Jun 12, 2013 9:08 pm
Forum: Other Discussions
Topic: Ditch the bed..
Replies: 34
Views: 15071

Re: Ditch the bed..

So, it sounds you're are saying I can test an outlet by having one probe in the hot and the other probe testing for a voltage comparison between the 3rd hole and the neutral (compare Hot/Neutral vs. Hot/Ground and look for a measurable difference when a load is on the circuit). Correct? One of the ...
by AgAuMoney
Wed Jun 12, 2013 8:33 pm
Forum: Permanent Portfolio Discussion
Topic: Oh how it hurts to see no gains
Replies: 412
Views: 158641

Re: Oh how it hurts to see no gains

Non-PP portfolios are also seeing some downside. http://www.bogleheads.org/forum/viewtopic.php?f=1&t=117958 How do people stick in the same investments after years of back and forth prices? No doubt up is more happy. While accumulating, since I abandoned funds, I can sort of console myself with "ge...
by AgAuMoney
Wed Jun 12, 2013 9:22 am
Forum: Other Discussions
Topic: Ditch the bed..
Replies: 34
Views: 15071

Re: Ditch the bed..

Got it. So, how does one test the difference between a real ground and a neutral on a digital multimeter? I'm guessing one can run a real ground out the window and see if there's a difference between the neutral line and the ground hole. Or, perhaps comparing two 3rd ground holes versus a 3rd hole ...
by AgAuMoney
Wed Jun 12, 2013 8:48 am
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

Gold/silver commodity currencies have never failed.  They have been ended by direct and willful action just like the U.S. government ended ours. Perhaps it's semantic, but you wouldn't call that failure? Maybe it's not a totally destructive event like fiat hyperinflation, but one of the frequently-...
by AgAuMoney
Tue Jun 11, 2013 9:54 pm
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

We have NO commodity-based currencies so far as I know that exist today.  If it was really the architect for a robust, productive, free nation, one would think we'd see far, far more of it. We have seen far, far more of it.  As for now, why?  I'd never think that it would spontaneously appear or be...
by AgAuMoney
Tue Jun 11, 2013 9:40 pm
Forum: Other Discussions
Topic: Ditch the bed..
Replies: 34
Views: 15071

Re: Ditch the bed..

The high impedance connection of the earthing mat should protect the people from electrical system problems ONLY to the extent that the mat will not make such problems worse. The outlet ground testers are questionable. The style pictured earlier in this thread are typically trivially easy to fake ou...
by AgAuMoney
Tue Jun 11, 2013 1:05 am
Forum: Other Discussions
Topic: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt
Replies: 86
Views: 32447

Re: Former "Plunge Protection Team" Member on Gold, Wealth Confiscation, Gov debt

the deflation of the money stock will be short lived because it cannot go on to infinity as individuals cannot postpone consumption forever. Yet in later writings suggesting a return to the gold standard he talks about linking gold to a certain present dollar value instead of a lower dollar value t...