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,
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…
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…
