dualstow wrote: ↑Thu Apr 21, 2022 3:40 pm

barrett wrote: ↑Thu Apr 21, 2022 3:21 pm
Those figures only add up to 85%! I am confused, though I have wished at times that I could hold LESS of everything!

Always remember, no less than 15% in chaps.

I only listed the PP assets because this is the PP sub forum after all.

murphy_p_t wrote: ↑Thu Apr 21, 2022 12:45 pm We're witnessing what effect the loss of reserve currency status and death of the petrodollar he has on the US treasury bond / PP.

This is why we hold gold, right?

I'm sticking w/ treasuries, and the PP in general:

Stocks: 25%
Gold: 20%
Bonds: 20%
Cash: 20%

boglerdude wrote: ↑Sat Apr 02, 2022 6:36 pm If Russia went big on bitcoin, what would the west do about it

I'm not sure. It's interesting that Senators like Cynthia Lummis and Ted Cruz are going to bat for Bitcoin even though many of us expect it to replace the $USD as the world's reserve currency.

If governments could ban/ control Bitcoin then it wouldn’t be a tool for freedom. (FYI, they know this ….prepare accordingly). Remember…..the world economy (governments) now compete for peoples wealth. Wealth is liquidious (with BTC) and will flow to the path of least resistance…countries will comp...

I'm applying to higher paying jobs. I spent 10 years at my last job, but after 1 year at my current job, this Biden economy has me begrudgingly interviewing again. I'm quite happy with my current position, but this inflation has me feeling like the frog slowly cooking in a pot.

https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-first.pdf This is published by a subsidiary of Fidelity Investments. Investors should hold two distinctly separate frameworks for considering investment in this digital asset ecosystem. The first framework e...

Fundamentally gold is the heart of the PP, the primary asset/holding, where other assets are included only as a means to smooth the interim volatility. Empires and fiat currencies come and go whilst gold endures. It might be acceptable to include discussions of silver as a alternative, but certainl...

I would add that the most unsavory posts in this thread seajay continuously posting factually incorrect information and name calling when she is corrected. NO. The most unsavory is some jerk repeatedly posting content totally irrelevant to the Permanent Portfolio's GOLD discussion section. Given th...

I should've been clearer when I commented about the possibility of banning bitcoin discussion or at least proselytizers for it. I don't mean to inhibit anyone's free speech but promoting bitcoin in the gold sub-forum or anyplace other than the variable portfolio or other topics seems inappropriate ...

Yes! I've promoted Bisq on this forum in the past. The more the merrier. Bisq is an example of the cool things you can do with Bitcoin the technology. You can send money orders to total strangers and be reasonably sure you won't be ripped off because both parties hold funds in escrow in a multi-sign...

I don't have spare fiat to be buying this dip, but I have still been keeping an eye on the peer-to-peer market I use to purchase Bitcoin. What's interesting is that nobody is actually selling at this price. If I want to buy Bitcoin right now, I have to pay an 8% premium.

boglerdude wrote: ↑Sat Jan 08, 2022 8:01 pm Now that Paypal et al are reporting everything to the feds, how do you send crypto to people directly

1. Get a balance on a wallet on your computer.
2. Obtain address of recipient
3. Make transaction

Why does this matter? Because a large number of Bitcoins could have been purchased using the potentially fugazzi tether, running up the price. This doesn't really phase me. Just like the other assets in my PP, I buy Bitcoin w/out concern for the current price. Sure, if I had waited until today to b...

Hey man, just wanted to say I think about you and check in on you in this thread from time to time. Sorry about your dad. Hang in there.

Sold 66% of HUT, and 50% of BITF and MARA and bought paper gold to keep things in range.

I agree that social media is absolutely ruining people. Knowing that you can peer into the life of your ex (a curated view at that) at any time is too much of a temptation to resist. And every time I succumb to that temptation it's like picking at the wound that's trying to heal. I've tried to bloc...

Since leaving however I've been in a low place. Like, suicidally low. I've been hospitalized twice, had police intervention called to my house twice, and have had god knows how many hours of therapy. Some coping mechanisms (some of which have been maladaptive) have included: way too much weed; MDMA...

15% of my portfolio is directed towards bitcoin. Since most of my holdings are in retirement accounts, I have to compromise w/ miners/ETFs there instead of holding it directly. I started out w/ 1% of total portfolio in these: - MSTR - GBTC - MARA - HUT - BITF - SDIG - RIOT They count towards Bitcoin...

I do 50% SP500 and 50% Small Cap for the equities portion of my PP. I think it was MachineGhost who turned me on to it. Isn't it the GB that suggest that also ? In my purest US-PP I am using MSCI USA (has sthg like 630~640 constituents vs tad less than 500 for the S&P 500). As others have menti...

Stocks: 25% Bonds: 20% Gold: 20% Cash: 20% Bitcoin: 15% I created a portfolio on Yahoo Finance to track this. +4.17% since thread inception. BTC-USD has risen 22% since then. +9.32% since inception. Bitcoin: +56% The problem with the concept is that the PP is not designed around wildly speculative ...

I don't like them, but I don't understand them well enough to drop them from the portfolio. I have 20% allocated to LTTs. As a side note, I do believe rates can go significantly lower.

Fascinating blog post that shows how even "all world" stock index funds only represent part of the global equity market: https://www.pragcap.com/the-us-stock-market-is-not-as-exceptional-as-weve-been-told/ Kind of makes me think that folks like Desert and Larry Swedroe who overweight smal...

Jack Jones wrote: ↑Fri Aug 27, 2021 10:29 am

Jack Jones wrote: ↑Tue Jul 27, 2021 3:11 pm Stocks: 25%
Bonds: 20%
Gold: 20%
Cash: 20%
Bitcoin: 15%

I created a portfolio on Yahoo Finance to track this. +4.17% since thread inception. BTC-USD has risen 22% since then.

+9.32% since inception. Bitcoin: +56%

BITCOIN COULD BECOME WORLD RESERVE CURRENCY, SAYS SENATOR RAND PAUL https://bitcoinmagazine.com/markets/bitcoin-could-become-world-reserve-currency-says-senator-rand-paul Hah Hah! "The government currencies are so unreliable — they're also fiat currencies. They're not backed by anything,"...

I love everything about it except the speculative nature/ price movement. Of course I say that with only a vague understanding of how it works. Anyway, when and if the price ever settles into a range that inspires long term confidence, then I'd be willing to get in. And if that price is 200K, that'...