I think the PP is behaving pretty closely to how it's supposed to theoretically. The one asset I'm not so sure about is gold. I'd have to go back and reread the gold section of "Best Laid Plans" to see if I'm missing/not remembering something. One simple example; in theory gold should not ...

bit, Based on your answers, overall, I believe our thoughts are pretty similar on the technical points. As mentioned earlier, I'm not a Bitcoin hater it just is not widely accepted and therefore is not a good form of money right now. While the ARPANet map is interesting, it also makes my point. The ...

2012-2018
UST/TQQQ/VGSH 70/20/10 (The Desertish Risk Parity bullet): 11.62/-14.33
VGSH/TQQQ/TMF/UGLD 50/25/12.5/12.5 (The PPish all-weather barbell): CAGR 11.92/-18.33

2019 Performance
Close on 12/31/18 through the close on 5/20/19

Bullet: 14.66%
Barbell: 14.64%

I forgot to address any of your other issues, yes I did. I'll concede every one of them. However, this is a thread about what is "good money" not what we wish was good money and the most important feature of any form of money is that it is widely accepted for just about every form of comme...

Linking to a list of Bitcoin Forks without any context and somehow implying it as "a burn" doesn’t add value to the conversation. Anyone remotely familiar with Bitcoin is aware of such forks. The question for you is, why are forks "bad"? How are Bitcoins technical or economical ...

Here ya go in two simple charts: https://fred.stlouisfed.org/series/M2 https://fred.stlouisfed.org/series/M2V Just cuz you create money does not mean it will get used and clearly it has not been...batta bing, no inflation. We've become so financial instrument oriented that we forget the real physica...

Math and statistics are good...sample size for developing said indicator: 2-4 events tops since 1973 per the chart. Could be right, could be wrong but we know he doesn't have a serious foundation to base anything on. Also...did he trade an all those little blue bumps that went above and below the ye...

Most of my reading on Bitcoin indicates there isn't a ton of interest in it for monetary purposes. Think about it...banks transfer gobs of money securely every day. Of course theft happens physically and electronically but we've all read about multiple bitcoin bank heists so personally I also don't ...

Thank you for the kind words. I enjoy collegial debate & banter back and forth.

5. Agree...Per my above post. Government prints paper, government demands taxes be paid in said paper, threatens people to pay taxes or go to prison, <-- Voila! Paper now has value amongst the people! My point.....like it or not, BTC has been existence for 10 years and gets stronger more adopted by...

It might be simpler to forget gold/bitcoin, and first wonder what would happen if the Fed disabled their (digital) printing press Indeed. I've mentioned this elsewhere but I think it would be interesting to fast forward 50-100 years to see what becomes standard monetary theory. The former theory is...

1. I'm saying inflation does not of itself discourage savers unless a positive real rate of return is not achievable. No doubt negative real rates do happen from time to time and that does tend to discourage saving (or so we thought...but now we have negative yielding sovereign bonds.) 2. "Resp...

Tn, How is it stolen and to whom do the benefits and costs go from inflation? ANSWER: Inflation steals from savers .....it discourages saving as the dollar becomes worth less over time....therefore encouraging spending, investing & debt....therefore "benefiting" the economy and punish...

What's the point, seriously? Gold is physical, meaning you can go count the stuff, it fills actual space, has actual volume, has a measurable weight to it. Digital things are not, meaning they can be copied/reproduced easily. Blockchain simply makes reproduction of the original MUCH more difficult. ...

Ugly_Bird wrote: ↑Sat May 11, 2019 7:14 pm This is a particular example of the fundamental conservation law.
Trolls can neither be created nor destroyed; rather, they can only be transformed or transferred from one form to another.

Now THIS was funny.

A lot of blocking forever going on lately on this board. I felt pretty cool earlier this week when I got blocked by someone for the first time ever. I don't think I'm the trolly type, but I will layout what I hope is a factual well reasoned counterpoint if I think someone is just wrong on something....

I think there is so much dishonesty when it comes to pensions. I’ll mention a couple thoughts for my area of work. The military is a young persons profession by and large. After WW2 the system was revamped to force people out at younger ages based on rank. Heart attacks and strokes were a very commo...

You are incorrect on gold ETFs (or the vast majority of ETFs for that matter). ETFs have a feature that allows very large investors to create and destroy shares in exchange for the underlying. So if their price disconnects substantially from the underlying they can exercise this option and pocket th...

Step 1: paper/etf or physical. This is complex and ultimately personal preference. Spend most study time here. Step 2 if paper (my choice): A mix of liquidity, spread and mngt fee that is driven by personal circumstances and associated trade offs. For me I started with GLD and now am in SGOL. Step 2...

Tn, With respect, you are just flat wrong on several points concerning paper money. Financial crises were far more frequent in earlier times and usually more severe on average. Additionally, very few economic crises have anything to do with money per se. They are almost always caused by something m...

Markets are down greatly in the past few days. A trade deal with China is in jeopardy. N Korea launched 2 missiles today. We're sending B52s and a carrier fleet towards Iran. And yet, gold is only up a fraction. What's up with this? You’ve been sold a promise that isn’t accurate? Why should gold in...

pmward, you're right about EDV having more oomph than TLT, but...beware holding it in a taxable account. It's had some giant December payouts in the past. If you instead buy a zero coupon Treasury directly, realize that you owe taxes on the interest as it accrues, but can't access said interest unt...

Tn, With respect, you are just flat wrong on several points concerning paper money. Financial crises were far more frequent in earlier times and usually more severe on average. Additionally, very few economic crises have anything to do with money per se. They are almost always caused by something mo...

The Chinese students where I attended university...don't know if they were cheating but it was clear they had a serious collaborative notes making/sharing/studying machine.

I read the article when it came out and have forgotten the specifics...but I was quite surprised at the company that set their rate at .179 (or whatever) because they knew the .009 wouldn't show up in most websites. On one level I thought what a bunch of kaka. On another I though, wow, that's some d...