Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Howdy,
In our taxable account, it's all about being a TAXABLE ACCOUNT. We have a few funds such as PRPFX, SGDLX and FMHTX. Otherwise, it's dividend paying stocks of companies with whom we do business. CMS (2.7%), T(7.0%), VZ (4.2%), DTE (3.5%), …
Howdy,
Ouch. We were supposed to sail on a 13 day Viking Med cruise on April 26th out of Venice. Oh, and we were going to fly to Reno in July and visit Yo Semite and Sequoia where we had reservations.
And this week, I was supposed to be in Was…
Howdy folks,
Here in Michigan, in 2018, the voters passed a referendum easing the requirements to vote absentee. Good. They mail you a request for a ballot (or you ask for one), you sign and return. They compare your address, DOB and signature a…
Howdy folks,
Southern Democrat devolved out of the Civil Rights act, but were conceived with the multigenerational effort to rewrite history by the Daughters of the Confederacy. Hell, the Stars and Bars didn’t come out until the 1960s. Lee had o…
Howdy folks,
First. With regard to the intentional slowdown at the USPS, HAND DELIVER YOUR BALLOT IF AT ALL POSSIBLE. If you can't, and must vote my mail, vote as soon as you receive the ballot and mail it RFN. Don't dilly dally over down ballo…
Howdy folks,
Mid Michigan but am not having any trouble in the stores like Meijers and Horrocks. 99% of peeps wearing masks. I do avoid busy times of day and crowds. Geez, you want to go early to any inside space before too many people have been…
Hi Mark,
Hope this finds you well and safe. Ah, the good old days. You guys were lucky and had money to play the Hunt Bros. rally. I was just a poor pot smoking hippy finishing up my degree in Econ financed by the GI bill and my silver sales. …
Hi hank,
Hope this finds you safe and well. Just had my first of two bring your own carryout party at my house for today. It's been 4 of these so far. Four guys today and 5 relatives tonight. Outside on the deck and patio, spread out, easy.
D…
Howdy folks,
Seems to be a bit of profit taking this morning. Here's a nice article on silver miners I found. That said, using $100 an ounce as a working premise is a bit much, to say the least. Current resistance is at $30 and silver's all time…
Hi hank,
How are things up North now that 'that woman from Michigan' closed the bars. Hell, my Baltimore Orioles even came back early. Normally, they arrive around May 1, stay for a month or so and then head on up to their cottages up north. The…
Howdy folks,
msf. Obama's infrastructure program was done completely wrong. Much of the money was never spent and most of what was, didn't go to building infrastructure but to 'touchy feely' handout programs (e. g. grants to locals to hire a fire…
Howdy folks,
Wearing a mask. I can appreciate the civil libertarian concerns and understand those that don't believe the science (even if I think they're cretins), but it's the economy stupid. Until people are wearing masks and being good doo…
Hi Shostakovich,
Hope you're doing well.
Alas and alack, we humans are particularly stupid and times and us Americans are even worse. We had about 1% of our voters Tuesday that refused to wear a mask.
Everything you say is spot on, omitting …
Howdy folks,
Sitting right at the magic number of $2000 for gold. We'll see. Here's a nice article that does differentiate the various aspects of demand that are driving the market. One clarification that needs to be made is regarding the author…
Howdy folks,
royal4 here's yesterday's price listing from my local dealer. It's a good rule of thumb.
http://libertycoinservice.com/wp-content/uploads/quotes/daily_quotes.pdf
Please note that quality of the mint is very important in bullion. Yo…
Howdy folks,
As old Art used to say, "you can never go broke taking profits ".
Seems others are too. Good.
And so it goes
Peace and wear the damn mask.
Rono
Howdy folks,
Looks like their took your cue Mark. Profit taking. Old Art used to say, 'just backing and filling'.
Natural resource or commodity funds?!? They're talking now about the permanent decline of oil. Throw in the rise in precious m…
Howdy folks,
Profit taking seems to be happening today, or as Art used to call it years ago, 'backing and filling'.
FD1000. As regards physical vs. paper bullion, there are a lot of issues.
First off believe everyone should own 3-10% gold a…
Howdy folks,
Things are getting interesting people. As I write, gold is up over 2% while silver is up this morning over 7%. Perfect storm for the metals considering things going on around the world.
Several good articles but always consider th…
Howdy folks,
Sven.
I have always recommended folks have a core holding of bullion in the 3-10% range. Whatever helps you sleep at night. More than this is speculation.
In the grand scheme of things, best is physical hands on bullion. I deal…
Howdy folks,
As for silver, several things are impacting the market. Sprott CEF is buying $1.6B worth of physical silver (i.e. taking delivery on contracts). In addition, Pan American Silver had to close a couple of mines due to Cv19.
Here are a…
Howdy folks,
Yeppers, silver seems to be breaking out. We'll see. I've got about 2 units in the metals, mostly junior silver miners. Serious nose bleed stuff. Right now for paper bullion, I'm holding CEF and SLV. For miners, I have a little GD…
Hi Anna,
Hope this finds you well and safe. You're spot on although some are a bit more blatant about it like Kemp in Georgia. Let's see. Cities are democratic and lots of minorities while suburbs are mostly republican and white. Let's prohib…
Howdy folks,
And, yes, folks, just what percentage of the population is going to get the shot(s)?
Let's see, the people who don't believe in masks are out. Hell, they won't even vax their kids for smallpox.
Now let's count out that percentage o…
Howdy,
All spot on Sven. We're not handling the virus any way close to right and the economy is going to take a LONG time to recover. Indeed, it will not recover until people feel safe.
It's all about safety and perception. Until people feel i…
Howdy folks,
The mention of datelining brought back memories. Gary Smith (not the FOX biz guy) shared the process with us way back. Basically, it's arbitraging the markets based upon the international datelines and when particular markets closed.…
Howdy folks,,
Life lesson for you business peeps. You cannot Ever discourage any percentage of potential customers, or great employees.
Example is discrimination in hiring or promotions. Women are pushing 45-50% of the workforce - and you ca…
Howdy folks
It's All on the margin people. Dammit, we really don't have time for the Pelikan bs.
It's all 'in relation ' to each other and other metrics.
Folks, I want to go to my favorite watering hole and have a couple of cocktail la.
And…
Howdy youngsters,
msf is probably correct on the news net news group. Geez I haven't been there in decades. Please note, for the record, that I'm referring to the Unmoderated version [for the sensitive types]..filled with Trolls and flame wars. …
Howdy folks,
Been pondering this risk since the Ides of November. In my not so humble opinion, the odds are greater than zero but not so high as to necessitate drastic action.
Rbrt has it down per the law. In addition, while Trump has the AG a…
Howdy youngsters,
Before FundAlarm was FundVision (I recall) run by Salil Gangal. Before that it was the UseNet News Group - misc.investment.mutualfunds
and so it goes,
rono the old timer
Howdy folks,
@starchild . Indeed, there has been a great buying opportunity since the market crashed. duh, I thought that was the way it worked. When stocks go down you buy and when they go up you sell.
The problem has been and still is - jus…
Howdy folks,
Hi Derf. Hope you're doing well. Thanks for the kind words. We conducted a community survey in Jan of 2019 and the peeps were in favor of the millage 60/40. We have the lowest taxes in Mid-Michigan and are the only township around…
Howdy folks,
Hank - ouch. [rono being MDOT retiree]. ;-) ALL of our infrastructure has crumbled because the legislature has continued to cut taxes. Now that they're spending real money go for a $5 T rebuild America plan and put people to work…
Howdy folks,
You want to give as Trump Foamer a cardiac? Tell them you just heard that Donald shot and killed Pence and then turned the gun on himself and committed suicide. Nancy Pelosi is being sworn in as President as I type.
feh, put in on…
Howdy folks,
The foreign countries have dealt with COVID-19 and we have not. Their economies will reflect this in the coming months - and alas, so will ours. Next winter is starting to look more and more like the Dark Ages - here in the states. …
Howdy folks,
Actually, I just moved a bit from US cash to Int'l cash. As I said, just a bit on the margin, but the dollar is starting to smell.
and so it goes,
peace,
rono
Howdy folks,
Most excellent article that covers the squares. Please note that this is Not the most dire prediction i have read. Alas and alack.
Someone was predicting the return of the Dark Ages.
In all likelihood, we'll muddle through alt…
