PRPFX at $50.00 a share
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PRPFX at $50.00 a share
What set of circumstances would have to take place for PRPFX to regain the $50.00 a share price? Gold at 1700.00 and the Dow at 16,000, etc?
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Re: PRPFX at $50.00 a share
PRPFX is an inflation weighted fund. So think currency weakness and or inflation.
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Re: PRPFX at $50.00 a share
What percentage does PPRFX have to grow to reach $50.00 a share? What were the circumstances the last time (and only time) it approached that value?
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Re: PRPFX at $50.00 a share
Roughly 7% which is not out of line for an annual gain. PRPFX has generally done quite well during the period 2000-2012. It was buoyed by dollar weakness and gold strength. In the period following the panic of 08-09 up through 2011 we pretty much saw all of the assets rise sharply together. That was highly unusual and rarely lasts for that long.
Trumpism is not a philosophy or a movement. It's a cult.
Re: PRPFX at $50.00 a share
How many years do you project it would take for PRPFX to double?
Re: PRPFX at $50.00 a share
My bet is 9-10.portart wrote: How many years do you project it would take for PRPFX to double?
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Re: PRPFX at $50.00 a share
Gold and silver need to begin rising again, interest rates need to fall, and the dollar needs to weaken.
PRPFX enjoyed a perfect storm of favorable conditions from 2000-2011. Similarly, it saw unfavorable conditions in the 1990s.
Although Cuggino seems like a perfectly nice fellow, there was a sort of Peter Sellers/Being There quality to Cuggino's fund management in the early 2000's.
I always loved the line about how everyone is a genius in a bull market.
PRPFX enjoyed a perfect storm of favorable conditions from 2000-2011. Similarly, it saw unfavorable conditions in the 1990s.
Although Cuggino seems like a perfectly nice fellow, there was a sort of Peter Sellers/Being There quality to Cuggino's fund management in the early 2000's.
I always loved the line about how everyone is a genius in a bull market.
Q: “Do you have funny shaped balloons?”
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A: “Not unless round is funny.”