MUMBAI — Kumar Jain’s small shop in Zaveri Bazaar, Mumbai’s labyrinthine jewelry district, has the feverish atmosphere of a Wall Street trading room. Women wave calculators, quote the latest global gold prices and haggle fiercely over bangles laid out on velvet trays. These buyers are thinking abou...

I hate to have to bring this up but....that money needs to be protected for some other very good reasons.  First, he may have future health problems from the injuries you describe - annoyances mainly, but problems nonetheless.  Second, he now has a pre-existing condition.   IMO this is Obamacare's ...

Background: My Godson who is in his late 20's was gravely injured (lucky to be alive) last year in a massive car wreck. His vehicle was broadsided by another vehicle on a semi-rural road. The other driver bailed and ran. My Godson had to be ripped out of the car (jaws of life) and helicoptered to th...

This may be a good time to buy some. I am not a big fan of closed ended funds for the gold part of the PP. The premium can severely distort your returns in either direction. On the other hand if your looking to lay down a speculative bet on gold this could be a good time to buy. But I would confine...

Investors are shunning the stock market, and who can blame them? As serial bubbles have burst, faith in the market has been rewarded with shattered retirements. At the same time, trust has been destroyed by scandals and — as demonstrated by the reckless trading at JPMorgan Chase — the slow, uncerta...

#1 manufacturing capacity Really?  Not China?  Or Japan?  It sure seems like everything is made in China these days which is why quality has declined so much over the past 18 years.  Hedonic adjustments my ass. A lot of consumer junk is manufactured in those places, but when you add up the cars, mi...

It's just by post count.  Congratulations on your promotion. We also will now double your pay.  :) Thanks. I'll be sure to invest the extra pay equally across all 4 sectors. Craig's just being modest. We decided to promote you last night during our executive session.  You should be receiving the do...

That was a generally good and unbiased intro to the subject for the uninitiated.

Is It Time For A Permanent Strategy? While the worst may be behind us, there is still plenty of uncertainty facing the markets these days. Slowing growth in China, conflict with Iran and the continuing European debt saga are just some of the major headwinds facing the global economy. Add this to co...

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Old dreams never really go out of fashion.

Eduardo Saverin, one of the founders of Facebook, officially defriended the United States in September, giving up his American citizenship for the more tax-friendly residency status of Singapore. Mr. Saverin, who was born in Brazil and has lived in Singapore since 2010, plans to remain in the Asian...

Dense reading but interesting. Thanks for posting.

The problem with giant military forces is that you inevitably have the temptation to use them. Most of this country's problems are at least in part our own creation. If we just learned to mind our own damned business the world would be a happier place.

Ron Paul 2012

hoost wrote: Just came across a great article in response to this topic:

http://dailycapitalist.com/2012/05/08/g ... nvestment/

That gets my vote for the best linked article posted in the last week.

So assuming there's a decent chance the euro will break up at some point and there will be resulting financial chaos in Europe for a time, is there anything we need to be worrying about (that we can control) from a PP perspective?  I'm specifically thinking about the gold ETFs with vaults/financial...

BERLIN — Just weeks ago, the idea that Greece would leave the euro zone was almost unthinkable. Now, with Greece’s newly empowered political parties refusing to abide by the terms of the country’s international loan agreement and Europe’s leaders talking tough, that outcome is looking increasingly ...

That's like asking me to choose between the gas chamber and the electric chair.

[Edit: No, I don't think it makes a difference. Political rhetoric aside they are both very close philosophically and on most policy issues.]

An article discussing the two funds over at Seeking Alpha... The permanent portfolio is made up of only four asset classes - gold, silver, equities, and US Treasury securities. The ideal permanent portfolio has an nearly equal-weighting of investments, with each asset class making up one-fourth of t...

Even though American stocks have doubled in price in the last three years, investors and traders large and small keep giving the market the cold shoulder. Trading in the United States stock market has not only failed to recover since the 2008 financial crisis, it has continued to fall. In April, th...

Wow. That was sobering.

I am a bit reluctant to post this as it is something the family doesn't discuss much.  But some years ago my cousin Alice, who was crippled from advanced Multiple Sclerosis, in desperation went to a Protestant faith healer. I wasn't present but the details of what happened were related by people, in...

Just out of curiosity what is your investment thesis behind Greek bonds? If I were into speculative investments I might consider shorting them. But I don't see a viable argument for going long on Greek debt, even as a trade. They are incredibly high risk and it's all but certain that at some point t...

Don't you just wish you could lay your hands on a time machine?

hi guys, so i made my first purchase.  Obviously i would like to play with my first coin a little.  Coin collecting suppose to be fun :) Whats the right way to touch the gold?  do i need to use cotton gloves as the dealer suggested (where do i get cotton gloves anyways) or can i use latex gloves? t...

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