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 folks,
"will there be a second wave?". Of course there will be a second wave and just like in 1918/1919 it will be MUCH WORSE than the first wave that we're still experiencing. Even if preventative measures hadn't be politicized, we'd STILL…
Howdy folks,
Two issues that are mutually exclusive. He broke the chain of command and that IS an offense that must be punished. He protected his troops which means he will always be a hero in the finest tradition. How to reconcile these two o…
Hi Anna,
Hope this finds you safe and well.
You, my dear, are aging ME. Duck and cover?!?
How about "bombs over Tokyo" ?
Teehehd,
Take care of yourself,
Rono
Howdy folks,
Thanks for the great read. A couple of metrics we all need to watch. Hospitalization and the percentage of positive tests. Most testing DOES result in more positives, but if the percentage of positives is increasing, that is bad. H…
Howdy folks,
I have always thought of Roach as being a bit dour. That said, I watch the Fed buying corporate bonds, backstopping zombie companies and industries. The Gov't passing out a few Trillion$ here, there and everywhere. The market making…
Howdy folks,
Sorry if I wasn't more clear Lewis.
In the America I grew up in, the Flag Code was considered to be law - at least that's how we interpreted it.
Also, as I stated, I have and will defend your right to free speech and that includes …
Howdy folks,
Couldn't resist. First off, I always stand for the pledge and anthem - either at attention or parade rest. Comes from being an Eagle Scout and a S/Sgt in the Marine Corps. That said, I spent 20 months in 'nam defending YOUR right …
Howdy Shost,
Hope you're doing well.
The new prediction is 200K by September. The problem is that doesn't take into account the continued opening and events. The explosion in AZ is traceable to the Memorial Day holiday. In another week to 10…
Hi Vintage,
Hope you're doing well and being safe.
First off, I always maintain a couple of canaries to alert me to movement in the sector. Good or bad, this is where I like to play. Collecting coins for 65 years does things to you.
I had pur…
Howdy folks,
Chill TF out.
Separate the BLS civil servants from the politicians. Anyone that doesn't understand this differential chasm just doesn't understand the reality of working for the government. Will any of them tell outright lies? His…
Hi Hank,
As I posted elsewhere, shadowstats.com has alternative statistics as calculated according to older formulae. If the CPI was calculated as it was during the Reagan admin, it'd be 8% points higher right now.
CPI for April went down becau…
Howdy folks,
As Hank mentioned, there can be a lot of discussion about the semantics of this but the bottom line is everything these days coming out of Washington has to be suspect. This is not a knock on the Federal civil servants doing their bes…
Howdy,
Hank, you're correct. The BLS has forever massaged the numbers to reflect the message they wanted to show. We can talk about the changes to the formulae that have continually taken place to put a better look on the figures. Anyone that wa…
Howdy folks,
Really?!? After the CPI dropped due to energy savings that no one could enjoy while facing over a 16% rise in the price of food . . . you're not a bit suspicious of these numbers.
Pat Heller from Liberty Coin reposted that pre Sout…
What it smells like is after the photo op tear gas attack, Esper talked with his generals and they told him point f'ng blank that the military was NOT going to go to war against American civilians and he'd best clear things up with his boss.
The US…
Howdy folks,
Thanks johnN. Kitco is the primary site for all things precious metals. That's where the miners are listed. Right now, I'm riding SGLDX and PRPFX taxable. In my deferred acct, I'm on CEF, SLV, SILJ, GDXJ for ETFs. Note that I only…
Howdy folks,
Thanks for all the great commentary and thoughts.
Hey, I'm still invested in the market. Sure, there are a couple of other games than equities as was pointed out such as cash and bonds but really?!? The opportunity cost is bloody …
Hi been,
Hope this finds you safe and well.
I'm all for a 15% flat tax on all forms of income with no deductions and a $25K per person exemption. This means a family of 4 wouldn't pay at all until they exceeded $100K. And everyone would pay a…
Howdy folks,
Couple of things. Bee is spot on that this has been brewing for decades. Bush Sr. broke his promises, so the people elected Bubba. He broke his promises, so they elected Jr. He broke his promises, so they elected Obama. He broke h…
Howdy folks,
Damn. I love you people.
July 4th this year will be a National Day of Prayer for President Donald Trump to die. If we all pray hard enough, maybe God will hear our prayers and rid the earth of this monster.
And so it goes,
Rono
Howdy folks,
Cramer's in the class of 'talking heads' on the business channels. Best advice I ever received was from our Gary Smith years ago on a previous edition of the board. Always turn the volume OFF on the business channels and simply follo…
Howdy folks,
1. He is not taking it.
2. He is shilling a company and stock.
3. He so single minded that he fails to realize that the only people that will try to obtain and use it are his base.
4. Less voters for Trump.
Duh
Rono
Howdy folks,
At this time I see buying an index as the silliest thing you could do. Do you know how many zombies are in the Dow or 500? The government bailouts are going to stop one day and when the music stops the bankruptcies are going to be l…
Howdy folks,
That's putting spin on the reality of asking the poor and elderly to be heros and commit suicide for the economy. From our response, or lack thereof, we're still looking at the high side worst case scenario and next winter is going t…
Howdy folks,
Please, dear God, get a grip. Take away NYC and the Curve is still spiking for the nation. That means that when it peaks we'll have an equal number of deaths on the downslope. Do the math. 3000 deaths per day. 20 days left in May…
Howdy folks,
Hi Anna, hope this finds you safe and well.
You asked the big question Where goes the dollar? We know that most of the stock market valuations are being kept inflated by the Fed not unlike a balloon full of holes attached to a hu…
Howdy folks,
[the choir singing]
The nice thing about investing these days is that we have a lot of choices and investment vehicles. Most PM funds only invest in mining stocks and not bullion. You have some ETF bullion funds but I consider the…
Howdy folks,
Are you sh*tting me?!?
Seriously there is a lot of money to be made if you can play the dead rats. Cripes, with the money they're printing and pushing onto dead industries so the executives can get bailed out, there is money to be ma…
Howdy folks,
Raised a bit of cash yesterday as I'm fading this rally. Slightly reduced intl equity holdings and traded up for quality in the miners.
Best estimate I've seen has the pandemic lasting for years even if we get a vaccine and life w…
Howdy folks,
Having to define people by liberal or conservative or red or blue is a death spiral as it separates the world into Us vs. Them.
We're all passengers on Spaceship Earth and unless we start acting like it we're ALL going to die regard…
Howdy folks,
Help me out. I have never heard anything good about this company - for 50 years. Did I miss something or should they still be avoided like the plague?
thanks,
rono
Howdy folks,
Bee is spot on, in the near term the issue is Deflation due to no demand for much of anything. Down the road, post vaccine, we might see inflation. So much of the problem with inflation is the gov't and how they report the statistics…
