Search found 1675 matches

by murphy_p_t
Mon May 06, 2013 11:54 am
Forum: Other Discussions
Topic: Sign of the times
Replies: 52
Views: 11819

Re: Sign of the times

"The last time Christians really suffered, they weren't even white. They were Hebrew. " I can understand why you might think this to be true. However, it displays a profound lack of knowledge about the history Christian martyrdom. A few episodes I will mention which are well past the era of the 1st ...
by murphy_p_t
Sun May 05, 2013 10:06 pm
Forum: Other Discussions
Topic: 29% of Registered Voters Believe Armed Revolution Might Be Necessary....
Replies: 35
Views: 9643

Re: 29% of Registered Voters Believe Armed Revolution Might Be Necessary....

A.O....do you also deny that the redcoat plan to confiscate guns at Lexington and Concord was the direct opening cause of violent conflict in the American revolution?...a bridge too far? Also, can you point to any corroborating articles to support your statement about gun control in the interwar per...
by murphy_p_t
Wed May 01, 2013 9:35 am
Forum: Bonds
Topic: TREASURY FLOATING RATE NOTE TERM SHEET
Replies: 4
Views: 3155

TREASURY FLOATING RATE NOTE TERM SHEET

this article refers to a proposal for TREASURY FLOATING RATE NOTEs to be issued. http://www.zerohedge.com/news/2013-05-01/treasury-issues-draft-floating-rate-note-term-sheet If this is implemented, how might it impact our LTT? Is this something we need to keep an eye on? Is this something totally ne...
by murphy_p_t
Sun Apr 28, 2013 5:30 am
Forum: Other Discussions
Topic: Forget Gold, Use Silver as Currency
Replies: 13
Views: 3501

Re: Forget Gold, Use Silver as Currency

Not a big fan of hard currencies. have you heard anything about the monetary history of the Byzantine Empire? I recall listening to a podcast (McAlvany?) where they discussed the Eastern Empire surviving 500 years after the fall of Rome. The Byzantines maintained the purity of the metal currency.
by murphy_p_t
Wed Apr 24, 2013 10:23 pm
Forum: Stocks
Topic: Adding the Miners
Replies: 6
Views: 3982

Re: Adding the Miners

how did that mix perform in Q1?
by murphy_p_t
Wed Apr 17, 2013 11:56 am
Forum: Other Discussions
Topic: If Stupidity Troubles You
Replies: 21
Views: 6382

Re: If Stupidity Troubles You

interesting...wonder if there's a parallel how nations operate?
by murphy_p_t
Mon Apr 15, 2013 1:14 am
Forum: Gold
Topic: The Rout Continues
Replies: 80
Views: 39046

Re: The Rout Continues

Anyone placing bets on where the bottom is on this drop? A complete SWAG, but I'm guessing around $1400 before something else goes awry in the global economy and everyone realizes dumping gold may not have been their wisest moment. i wish i shared your optimism. -we have surpassed 50% decline in si...
by murphy_p_t
Mon Apr 15, 2013 1:03 am
Forum: Other Discussions
Topic: Why Dr. Kermit Gosnell's Trial Is Important
Replies: 44
Views: 10873

Re: Why Dr. Kermit Gosnell's Trial Is Important

All I can say is that I want to err on the side of less government control when I'm not sure of the answers. You probably haven't considered erring on the side of the new human life being entitled to protection. After all...we have no proof...that the pre-born, even pre-3 months...is NOT a unique h...
by murphy_p_t
Sun Apr 14, 2013 11:39 pm
Forum: Other Discussions
Topic: Why Dr. Kermit Gosnell's Trial Is Important
Replies: 44
Views: 10873

Re: Why Dr. Kermit Gosnell's Trial Is Important

But let me clarify that I don't  believe that abortion ought to be a crime; as we've seen, like outlawing guns or drugs, it will just happen anyway in more dangerous contexts. Ultimately you can't really stop people from doing what they want to do. Hi PS...can you expand on your thinking here? Alth...
by murphy_p_t
Sun Apr 14, 2013 9:12 pm
Forum: Gold
Topic: The Rout Continues
Replies: 80
Views: 39046

Re: The Rout Continues

how long does this kind of "waterfall" last...3 days?
by murphy_p_t
Sun Apr 14, 2013 12:22 pm
Forum: Permanent Portfolio Discussion
Topic: Is the PP designed to accomodate something unique in history - U.S. bankruptcy
Replies: 72
Views: 34098

Re: Is the PP designed to accomodate something unique in history - U.S. bankruptcy

The big difference seems to be whether or not you believe in something which has never happened before:  the bankruptcy of the U.S.  The US may not have declared bankruptcy, but the US federales defaulted twice in the 20th century. -devaluation of US$ from $20 to $35 / oz Au, compliments of FDR -cl...
by murphy_p_t
Sat Apr 13, 2013 10:26 pm
Forum: Variable Portfolio Discussion
Topic: Major miners yielding 3.5%, 4.3% WOW
Replies: 5
Views: 1476

Major miners yielding 3.5%, 4.3% WOW

look at the dividend yield on these! (now that share price is crashing) anyone getting trigger happy on these miners? and done some due diligence?

is this solid speculation?
by murphy_p_t
Sat Apr 13, 2013 5:56 pm
Forum: Permanent Portfolio Discussion
Topic: Average time for PP drawdown and/or underperformance?
Replies: 10
Views: 2567

Re: Average time for PP drawdown and/or underperformance?

By underperform, I'm saying underperformance vs. the 9% average annual return. I'm holding this up as the bar to measure the PP.
by murphy_p_t
Sat Apr 13, 2013 1:39 pm
Forum: Permanent Portfolio Discussion
Topic: What to do if WAR starts with North Korea?
Replies: 31
Views: 10017

Re: What to do if WAR starts with North Korea?

money quote: "scary to think Dennis Rodman is the only American to get close enough to Lil' Kim..."
by murphy_p_t
Sat Apr 13, 2013 12:53 pm
Forum: Permanent Portfolio Discussion
Topic: Average time for PP drawdown and/or underperformance?
Replies: 10
Views: 2567

Average time for PP drawdown and/or underperformance?

Has anyone done any backtesting to determine how long the average PP drawdown and/or under-performance lasts? Since nearly every year has ended in the black, I'm guessing that its less than one year. Based on this assumption, combined w/ the length of the current under-performance vs historical aver...
by murphy_p_t
Sat Apr 13, 2013 12:45 pm
Forum: Gold
Topic: Paul Krugman takes a shot at goldbuggery
Replies: 8
Views: 2791

Re: Paul Krugman takes a shot at goldbuggery

Are PPers "statists" because they hold 50%  in gov't securities? (cash / LTT)
by murphy_p_t
Sat Apr 13, 2013 12:39 pm
Forum: Other Discussions
Topic: Obama's give 25% to charity
Replies: 10
Views: 2965

Re: Obama's give 25% to charity

I'll give credit where credit is due.  I can respect someone calling for higher taxes more if they "put there money where there mouth is" as Obama did in this case.  Often times, it's the opposite and the guys calling for higher taxes giver very sparingly to charitable causes. Btw, Romney gave almo...
by murphy_p_t
Sat Apr 13, 2013 12:32 pm
Forum: Bonds
Topic: Why you don't have to concern with a bond market crash? (aside from a PP)
Replies: 0
Views: 1175

Why you don't have to concern with a bond market crash? (aside from a PP)

from http://www.spiegel.de/international/business/interview-with-harvard-economist-carmen-reinhart-on-financial-repression-a-893213.html SPIEGEL: The United States is very highly indebted as well. Reinhart: Yes, but who are the large holders of government bonds? Foreign central banks. You think the ...
by murphy_p_t
Wed Apr 10, 2013 11:47 am
Forum: Gold
Topic: Goldman Sachs: Short Gold!
Replies: 9
Views: 6084

Re: Goldman Sachs: Short Gold!

by murphy_p_t
Fri Apr 05, 2013 12:29 pm
Forum: Bonds
Topic: Today I am glad I own bonds
Replies: 25
Views: 7597

Re: Today I am glad I own bonds

sure is an outsized move...what does this indicate? Not sure its something to celebrate.
by murphy_p_t
Tue Apr 02, 2013 10:15 am
Forum: Other Discussions
Topic: 25 Important Things...
Replies: 9
Views: 3099

Re: 25 Important Things...

Those are some good observations. But I like Harry Browne's rules more. Really the best advice you can give someone of a very general nature is to index, keep fees and expenses as low as possible, stay diversified (which means holding more than just bonds and stocks), reinvest dividends, avoid trad...
by murphy_p_t
Wed Mar 27, 2013 1:10 pm
Forum: Other Discussions
Topic: School Choice is on the March!
Replies: 5
Views: 1094

Re: School Choice is on the March!

This is really encouraging...that power will go from bureaucrats, teachers unions, school districts...and be shifted where it belongs...in the hands of those who care most for children...the parents.
by murphy_p_t
Thu Mar 21, 2013 9:13 pm
Forum: Stocks
Topic: GDX
Replies: 15
Views: 7410

Re: GDX

MachineGhost wrote: Gold stocks have been going down because real rates have been rising, not inflation. 
I'm not aware of this, MG...can you provide some backup/explanation/evidence?