Search found 50 matches

by JohnnyFactor
Thu Oct 13, 2016 11:13 pm
Forum: Permanent Portfolio Discussion
Topic: Can we trust low correlations?
Replies: 51
Views: 30116

Re: Can we trust low correlations?

PeteKoziar wrote:Instead, I made up my own "fund" of individual stocks that have a low PE and high profitability.
This was what Harry Browne originally recommended before index investing became much easier. As long as you can maintain sufficient volatility of the stock quadrant, I think it's a fine idea.
by JohnnyFactor
Sun Oct 02, 2016 8:10 pm
Forum: Gold
Topic: Spending gold during a currency meltdown
Replies: 7
Views: 4766

Re: Spending gold during a currency meltdown

There is someone who lived through this scenario in Argentina in 2001 and he wrote a book about it. https://www.amazon.com/Modern-Survival-Manual-Surviving-Economic/dp/9870563457/ref=cm_cr_arp_d_product_top?ie=UTF8 There were 'middlemen' who would buy gold from you, but at pawn shop rates. They didn...
by JohnnyFactor
Sun Oct 02, 2016 5:07 pm
Forum: Gold
Topic: Gold Is Money Because It Is Plentiful, Not Because It Is Scarce
Replies: 5
Views: 4193

Re: Gold Is Money Because It Is Plentiful, Not Because It Is Scarce

There are mining companies who go the extra mile in environmentally conscious practices. Newmont Mining Corp. is one of them. http://www.newmont.com/home/default.aspx

There is also the Dow Jones Sustainability Index if you just want to buy them all. http://www.sustainability-indices.com/
by JohnnyFactor
Sun Oct 02, 2016 2:29 pm
Forum: Gold
Topic: Gold Is Money Because It Is Plentiful, Not Because It Is Scarce
Replies: 5
Views: 4193

Gold Is Money Because It Is Plentiful, Not Because It Is Scarce

http://www.forbes.com/sites/nathanlewis/2016/09/29/gold-is-money-because-it-is-plentiful-not-because-it-is-scarce/ snippets: "It is easy to see that “supply and demand” issues that affect copper and wheat have no effect on gold. You could double the annual mine supply, or cut it in half, with ...
by JohnnyFactor
Fri Sep 23, 2016 10:33 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1783037

Re: The GOLD scream room

The gist of your question is, "when everything's high, what do you do?" Logic tells me that when everything is high, it means money has been spread across all assets. Seems like people are betting on everything but cash until the direction of the economic wind is clear. We should be back ...
by JohnnyFactor
Fri Sep 09, 2016 12:46 am
Forum: Permanent Portfolio Discussion
Topic: Sovereign Man PP Article: When they say ‘hoarding’ instead of ‘saving’ you know you’re in trouble
Replies: 6
Views: 4528

Re: Sovereign Man PP Article: When they say ‘hoarding’ instead of ‘saving’ you know you’re in trouble

" So on a risk-adjusted basis, the portfolio posted very strong returns for decades. Until now. " This has been posted in many PP articles for years. Everyone is always convinced it's just about to stop working. " Bonds have become foolish investments. " This opinion is based on ...
by JohnnyFactor
Thu Sep 01, 2016 9:14 pm
Forum: Gold
Topic: Perth Mint Online Depository Program
Replies: 33
Views: 23000

Re: Perth Mint Online Depository Program

Bron Suchecki has stated that unallocated is fully backed by physical at all times. They will not sell you an ounce if they don't physically have it. Perth Mint is a manufacturer not a lender, so they do not fractionalize or lease their gold. It's all spelled out here: https://www.perthmint.com/stor...
by JohnnyFactor
Wed Aug 31, 2016 9:12 pm
Forum: Permanent Portfolio Discussion
Topic: Currency Risk: Which is worse?
Replies: 4
Views: 3921

Re: Currency Risk: Which is worse?

blue_ruin17 wrote:...higher returns and lower volatility.
Do you mean lower volatility in just the equity portion, or the entire portfolio?
by JohnnyFactor
Mon Aug 29, 2016 11:27 pm
Forum: Permanent Portfolio Discussion
Topic: Is a Canadian/US 'Hybrid' HBPP superior to a 100% CDN HBPP?
Replies: 5
Views: 3711

Re: Is a Canadian/US 'Hybrid' HBPP superior to a 100% CDN HBPP?

I've split my equities half TSX, half SP500 and EAFE. I have no idea if this is a good thing or not, but I'm trying to hedge against the cyclical commodity economy of Canada. Bonds don't worry me too much. Yes, people pile into US Bonds during crises but regular interest rate changes tend to happen ...
by JohnnyFactor
Tue Jul 12, 2016 8:07 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1783037

Re: The GOLD scream room

True wealth is measured by how many (gold) friends you have. ;)
by JohnnyFactor
Tue Jul 12, 2016 5:45 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1783037

Re: The GOLD scream room

That would be silly. The coins do all the talking.
by JohnnyFactor
Fri Jul 08, 2016 10:34 pm
Forum: Permanent Portfolio Discussion
Topic: Oh Come On
Replies: 109
Views: 44432

Re: Oh Come On

Thanks! I got some historical perspective by reading both of the epic PP threads at Bogleheads. It took three weeks to get through them, but I saw the sentiment and results from the credit crisis of 2008, the gold top of 2011, and the gold crash of 2013. I've read all of the Harry Browne economic bo...
by JohnnyFactor
Fri Jul 08, 2016 9:38 pm
Forum: Permanent Portfolio Discussion
Topic: Oh Come On
Replies: 109
Views: 44432

Re: Oh Come On

Imagine being a nubile PP investor and putting all your eggs into the basket on 1-1-2016. You'd vote for HB in the next election. I'm a PP noob and discovered Harry Browne over the Christmas holidays while looking for a sensible plan. I took my modest savings and went all in this January. In May, I...
by JohnnyFactor
Fri Jul 08, 2016 9:29 pm
Forum: Permanent Portfolio Discussion
Topic: Oh Come On
Replies: 109
Views: 44432

Re: Oh Come On

Oooh, what a great idea! A wealth tax. Canada implemented a wealth tax this year when the Liberal government was voted in. If you make over $200,000, you will be in a newly created tax bracket. http://www.taxtips.ca/taxrates/canada.htm (I've been lurking too long, and just had to respond to this th...