The Desert Portfolio

General Discussion on the Permanent Portfolio Strategy

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ochotona
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Re: The Desert Portfolio

Post by ochotona »

I am thinking in particular about Newmont Mining (NEM), it has never been lower in inflation-adjusted price than right now, but my quotes only go back to the late 1970s. Schwab Equity Ratings has it as an "A" rated stock in an "F" rated industry. I think I'll buy some this week. It has been beat down -77% since its 2011 peak.
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dualstow
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Re: The Desert Portfolio

Post by dualstow »

Be careful. It can always be beaten down further.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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ochotona
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Re: The Desert Portfolio

Post by ochotona »

dualstow wrote: Be careful. It can always be beaten down further.
Sounds like many people here have had that experience!
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