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,
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…
Howdy folks,
Update from the stimulus check front. We applied (had to enter our bank acct info as we normally have to pay at bit) on April 17 and yesterday, were notified that it's on it's way. It should show up in my acct over the next day or so…
Howdy folks,
I said it months ago and it's worth repeating, 'Trump and eat shit and die and everyone who supports him can eat shit and die.'
Do I make myself perfectly clear?
and so it goes,
peace and flatten the curve,
rono
Howdy folks,
I suspect he tried to go thru channels but someone decided Trump wouldn't like it because it would be bad press . . . and said No.
Oh well,
Rono
Howdy folks,
This is one of the tragic ironies you sometimes see in the military. He broke the rules and should be disciplined. Period.
He's a hero to his men, the USN and the country and should be decorated. Period.
A hero sacrifices their…
Howdy folks,
My wife and I have been with TRP for decades and have been pleased as punch the entire time. Great choice for intelligent investors.
As for their international funds, they have them all for various objectives. So much depends upon…
Howdy folks,
And . . .
Here's a good article from the Atlantic
https://www.theatlantic.com/newsletters/archive/2020/04/covid-19-george-packer-america/610303/
And so it goes
Peace and Flatten the Curve
Rono
Howdy,
Thanks msf. It smelled a bit like fake news. Shoot, these days, you just drop 10% off from either end of the spectrum and call it good. In 2016 we were on an Alaskan land and sea trip. When we got on the cruise ship, our news choices wer…
Howdy,
I won't talk about the metals as you've covered it. One of the oldest and most important (to me) quotes I've ever read was from the Elder Baron Rothschild. He said to guard against economic downturns, one should have 1/3 of their wealth in…
Howdy folks,
It may or may not be true but I read that FOX wasn't even licensed as a News network but as entertainment unlike the other networks like NBC CBS CNN and even MSNBC.
And so it goes
Peace and Flatten the Curve
Rono
Howdy folks,
At first I thought it was sheer incompetence at FEMA but now I've decided it's deliberate reallocating all supplies, particularly PPE and testing equipment to states where they're already opening things up. FEMA has been intercepting …
Howdy folks,
Curious times we live in. On CNBC the hot topic yesterday was are the oil majors going to able to continue their dividends. How many of our funds are chock full of these and other BV darlings that also won't come back? This applies…
Howdy folks,
Update on our Yosemite trip. Flights had been changed sufficiently to warrant a full cash refund. Others all cancelled but the National Parks reservation service is withholding the standard 10% which can be used in any park (not Teddy…
Howdy folks,
Good to hear you rec'd your checks. I've had to pay the past few years so had to go in yesterday and enter my acct info to get a direct deposit.
Also, today we rec'd a full cash refund from Viking for our 13 Mediterranean cruise. …
Howdy folks,
Whelp, if we're telling it like it is, the only thing separating Trump from Hitler is body count. You give this creature another 4 + years and he'll make Hitler look like Jimmy Carter. Coronavirus additional deaths is peanuts compar…
Howdy folks,
+1 Lewis,
Trump loves to float trial balloons. Les deux du jour are letting the Post Office go under and firing Dr. Fauci. I realize he's not only bat shit crazy but as evil, if not worse than Hitler, but both of these seem akin …
Howdy folks,
@FD1000 mentioned the revolution occurring in education. F2F to virtual. My Econ 101 Prof was so good they taped him in the early 80s and ran his tape for years. Why should I pay thousands in tuition when there's no classroom inte…
Hi crash,
Sorry. I was confusing. In our cases, we always received the check made out to the new administrator but in our name. We just forward it on to the new house.
Good luck
Rono
Hi crash,
You're on the right track. Establish the IRA at Value Line, then authorize THEM to go get the funds from MassMut. They will send you the check(s) made out to VL and you forward them to VL. After they get it, you allocate it.
Always …
Howdy folks,
Every central bank is printing money like drunken sailors and our is printing the most. I can't see how this will end well. Never has in the history of the world. Oh, yeah, it's different this time.
gold, guns, beans and bunker,
…
Hi Mike,
Hope this finds you well.
There are so many issues going on right now it's difficult to get a grasp of the situation. Because of the pandemic, there has been a flight to physical bullion that has outstripped supply. In addition, the …
Howdy folks,
The chances of this happening are pretty low. Is it possible? Sure. Right now, gold is at all time highs as expressed in every other currency in the world. This means that in dollar terms, gold is cheap. Indeed, the simple fact i…
Howdy folks,
Recieved this from Pat Heller of Liberty Coins. They are a bullion dealer for the months.
"This announcement was just received from the US Mint:
U.S. Mint Temporarily Suspends Production of Numismatic Products
Today we face ongoi…
Howdy folks,
Here in Michigan we're working on a couple of these via referendum votes. In 2018 we passed 2 that were key. 1. Allowing absentee ballots for no reason. Geez, they just announced our May primary will be by mail. 2. Creating a com…
Howdy Lewis,
Your first point doesn't fly because you're assuming that if they were all corrupt they'd be working in unison. While this happens occasionally, most often it's by accident, or due to lobbyist pressure. BOTH parties in Washington a…
Howdy folks,
Somehow or another, a lot of people seem to think the US government is on their side and tells them the truth. ARE YOU SHITTING ME?!? Get a grip people.
My 'think like a mountain moment' was around the end of 1968 near Danang when…
Howdy folks,
@johnN, I've dealt with apmex.com for years for bullion although not exclusively. They're painless. To buy higher end coins, the clearing house is collectorscorner.com . These are mostly slabbed coins and you'll find the top 10-15…
Hi Mike,
I love miners. Miners is good. They create supply. At kitco you can scroll down and find all the miners for gold. Go to kitco dot silver for those miners. For funds try for diversified PM funds that cover all the metals and stay with y…
Howdy folks,
Now Here is a gold bug.
https://goldswitzerland.com/dont-wait-for-the-storm-to-pass-learn-to-dance-in-the-rain/
Don't know about you good people, but equating this to the Fall of the Roman Empire seems to be setting the Bad Outcome…
Hi john
The private for profit health care system is imploding before our eyes. The vast majority of hospitals are on the brink of financial collapse because of their business model based on elective and bullshit surgeries and procedures. Hell, t…
@davfor teehehe. I finished my BA in Econ in the late 70s financed by the GI Bill and selling my stash of 90% US silver into the Hunt Bros bull market. My Econ professors are still some of the few people who knew WTF was going on. Take care.
Ro…
Howdy folks,
Author is a bit of a gold bug but spot on.
I can assure you that the vast majority of those holding physical bullion are NOT selling. There is very little available supply of gold or silver. If you are able to find some, the premiu…
Howdy folks,
Great article [rono loves to read economists].
While it is way too soon, getting somethings back up in safe manner is what we need to study. How can we morph our society and economy into one that is safe?
My son is a county park …
Howdy folks,
The Capt knew that going public would cost him his career. However, he was willing to sacrifice himself to save his men. I suspect he tried normal channels first and was left with no options but who knows. Regardless, he broke th…
Howdy folks,
I think thisbcalls for a General Strike approach. No one pay any bills associated with the virus
Put them All in dispute and force the government to waive them.
Fuck them.
And so it goes
Peace and Flatten the Curve
Rono
Howdy folks,
One of the nasty ironies of the military. He was a Navy Captain which is a full bird colonel in the other branches. Commanding a nuclear carrier meant that he was in line for Admiral. He went public [because Washington was ignor…
Howdy folks,
Trump is directly responsible for 10s of thousands of coming deaths that could have been prevented. That said, he's only partially responsible for the grand total body count. I talked with my brother who's in the business.
He say…
