Search found 671 matches

by ppnewbie
Sat May 21, 2022 1:16 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3504
Views: 1052193

Re: The GOLD scream room

I believe gold has a CAGR of around 7.5% over the last 5 years. So it seems to be working reasonably well.
by ppnewbie
Sat May 21, 2022 1:07 am
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 43
Views: 2864

Re: Next up on the planned crisis list

It’s baby formula shortages turn in the spot light. I wonder what humans did for the approximate 300,000 years before it was invented.
by ppnewbie
Tue May 17, 2022 5:10 pm
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 43
Views: 2864

Re: Next up on the planned crisis list

Here is a good link to get a broader perspective on the world:

https://www.youtube.com/watch?v=jbkSRLYSojo
by ppnewbie
Tue May 17, 2022 3:33 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 476
Views: 20533

Re: Putin Invades Ukraine II

The Russians have taken control of the Azovstal steel plant (Mariupol) What is the significance of the steel plant? Physically, it was the last hold out that enabled interdiction of a land bridge to Crimea Metaphorically, it turned into the Ukrainian version of the Alamo or if you're into ancient h...
by ppnewbie
Tue May 17, 2022 9:37 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 476
Views: 20533

Re: Putin Invades Ukraine II

dualstow wrote:
Tue May 17, 2022 7:22 am
The Russians have taken control of the Azovstal steel plant (Mariupol)
What is the significance of the steel plant?
by ppnewbie
Mon May 16, 2022 12:52 pm
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 43
Views: 2864

Re: Next up on the planned crisis list

Mass Shootings seem to be capturing attention. I believe there is something like an average of 10 mass shootings per week in the US. https://www.npr.org/2022/05/15/1099008586/mass-shootings-us-2022-tally-number https://www.gunviolencearchive.org/reports/mass-shooting Back in less propagandistic tim...
by ppnewbie
Mon May 16, 2022 11:13 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 476
Views: 20533

Re: Putin Invades Ukraine II

More excellent analysis kbg.
by ppnewbie
Mon May 16, 2022 10:00 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 476
Views: 20533

Re: Putin Invades Ukraine II

It's tough to get a good read on this stuff because it's pretty clear that we (western audiences) are getting all positive spin about Ukraine and all negative spin about Russia. There are several good open and government sources that do map plots on where forces are at...to get a general sense of t...
by ppnewbie
Mon May 16, 2022 2:25 am
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 43
Views: 2864

Re: Next up on the planned crisis list

Mass Shootings seem to be capturing attention. I believe there is something like an average of 10 mass shootings per week in the US.

https://www.npr.org/2022/05/15/10990085 ... lly-number

https://www.gunviolencearchive.org/repo ... s-shooting
by ppnewbie
Sun May 15, 2022 11:53 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 476
Views: 20533

Re: Putin Invades Ukraine II

Russia likely to have lost third of its Ukraine invasion force, says UK https://www.theguardian.com/world/2022/may/15/russia-likely-to-have-lost-third-of-its-ukraine-invasion-force-says-uk How long can Russia keep this up? How long before they’ve stretched themselves too thin between Ukraine and Sy...
by ppnewbie
Fri May 13, 2022 1:48 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79646

Re: Where and how do you purchase physical gold?

The only proof coin I bought was pre-pp. if I recall correctly from Harry Browne’s books, Rowland and Lawson’s (Craigr and Medium Tex) book, etc. you’re supposed to buy bullion. Proof coins are more like collectibles, no? My mental calculations - Same exact amount of gold, I got some fractional in ...
by ppnewbie
Fri May 13, 2022 1:22 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79646

Re: Where and how do you purchase physical gold?

The fractional stuff I got from my local coin shop. I got the fraction by buying these from the local shop https://www.jmbullion.com/4-coin-proof-american-gold-eagle-set-vy/ .. The bullion version not the proof version, right? I was buying the proof versions because of "more shininess" - Like I sai...
by ppnewbie
Fri May 13, 2022 12:45 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79646

Re: Where and how do you purchase physical gold?

Personally, if I can get fractional coins for the same premium as 1 oz I go for those. I might, too, but i buy from Apmex and the premium is way higher for fractional there. Do not think its only Apmex that sell fractional at premium, think that's pretty much the case everywhere .. :D The fractiona...
by ppnewbie
Fri May 13, 2022 10:30 am
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79646

Re: Where and how do you purchase physical gold?

Personally, if I can get fractional coins for the same premium as 1 oz I go for those. I might, too, but i buy from Apmex and the premium is way higher for fractional there. I started when I was in full zombie apocalypse mode thinking that fractional would be easier to trade but now just try to add...
by ppnewbie
Fri May 13, 2022 10:25 am
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 43
Views: 2864

Re: Next up on the planned crisis list

Desert wrote:
Fri May 13, 2022 9:46 am
ppnewbie wrote:
Thu May 12, 2022 5:58 pm

My bad on this one. I got it wrong.
Thanks ppnewbie, and I'll work on being less of an old grumpy bastard. :)
I need to work on that as well.
by ppnewbie
Thu May 12, 2022 10:58 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 166
Views: 79646

Re: Where and how do you purchase physical gold?

Personally, if I can get fractional coins for the same premium as 1 oz I go for those.
by ppnewbie
Thu May 12, 2022 5:58 pm
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 43
Views: 2864

Re: Next up on the planned crisis list

Russia is going to invade Ukraine on Tuesday at 3pm!!! Meanwhile EU countries have not pulled their embassy workers and the President of Ukraine seems very relaxed, while Putin is laughing at the west. "MOSCOW, February 16. /TASS/. Russian Foreign Ministry Spokeswoman Maria Zakharova has jokingly a...
by ppnewbie
Thu May 12, 2022 5:46 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 222
Views: 24848

Re: BTC in the PP

One thing I grapple with is gold gains getting taxed away. I’ve never sold gold. Can’t you just sell a coin for cash from time to time? Not sure what the reporting requirements are at the coin shops. I think its 5k or less does not need to be reported. But, there has to be record of this transactio...
by ppnewbie
Thu May 12, 2022 4:55 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3504
Views: 1052193

Re: The GOLD scream room

But in all seriousness, it looks like Gold is mostly tracking inversely to a strong dollar. The "market" has decided that inflation is headed down to ~3%. Not that Gold is strongly correlated with inflation anyway. In my investment view, gold has performed great twice in my lifetime: 1. When gold w...
by ppnewbie
Thu May 12, 2022 4:50 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 222
Views: 24848

Re: BTC in the PP

BTC-USD YTD -38.9% GLDM YTD 2.19% Not much of a track record...but during the 2020 stock market tank...BTC was off 50% from June 2019 to March 2020 Hmmm...BTC thus far is not digital gold. Gold remains gold. When people say that Bitcoin is digital gold, do you think that means their price should mo...
by ppnewbie
Thu May 12, 2022 9:51 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 222
Views: 24848

Re: BTC in the PP

I think one or two percent in a portfolio for pure speculation is not bad. You know your downside.
by ppnewbie
Sun May 08, 2022 12:19 pm
Forum: Other Discussions
Topic: BelangP's book out
Replies: 23
Views: 746

Re: BelangP's book out

I don’t think gold has a significant industrial demand. It just emerged as a fungible, portable, divisible… commodity that people wanted.
by ppnewbie
Sun May 08, 2022 12:14 pm
Forum: Politics
Topic: Next up on the planned crisis list
Replies: 43
Views: 2864

Re: Next up on the planned crisis list

Its Roe v. Wade and inflation now. Next new surge in Covid, next market crash, next the bird flu.

To me it’s not just Dems, it’s both sides which are really the two sides of the same coin (IMHO).
by ppnewbie
Mon May 02, 2022 11:14 am
Forum: Other Discussions
Topic: BelangP's book out
Replies: 23
Views: 746

Re: BelangP's book out

I was thinking about a token with real value and the main thing I could come up with is an actual asset that is represents a share of an asset and is redeemable (wheat, rice, or maybe oil). There is the counter party risk which I’m not sure how you get around. To remove the counter party risk I thin...
by ppnewbie
Fri Apr 29, 2022 10:01 am
Forum: Other Discussions
Topic: BelangP's book out
Replies: 23
Views: 746

Re: BelangP's book out

@jack or anyone else on this thread: Change will come by individuals acting in their own self interest in a permissionless manner. Anyone have opinions on what this change looks like. I was thinking some kind of commodity or asset backed peered digital currency. Maybe a basket like oil, gold, silver...