Barron's notes that 5c-nickel is now worth 16.25c, but also reminds that it is illegal to melt coins.

@carew388 You may be thinking of Old Skeet and his overvalued, undervalued calculations.
He now posts here: https://big-bang-investors.proboards.com/thread/1128/old-skeets-market-briefing-2022

@Derf. Brilliant idea. But if you really want more attention, TYPE YOUR TITLE IN ALL CAPS. That will get you some serious eyeballs! (old editors’ trick) :)
I cut the cord with DirecTV back before AT&T sold the looser they owned. I’d say what I thought of them over the many years I dealt with them … but the board is too polite for what I’d say.
Sling is a reasonably priced internet TV option. With sports add-ons it can get pricy. One of many good choices. Yes - there is a lot of free stuff. But haven’t tried much of that. PBS app is easy to download and free and informative viewing.
I have the “Disney, ESPN, ESPN+, Hulu Live TV” Bundle. Approximately $70 monthly for the package and virtually every college BB game played can be viewed. (Tons of other sports too). Gets all our locals and works better in this remote area than an antenna does.
If you like pro basketball, NBA League Pass is excellent. I subscribe thru Amazon at around $12 monthly. But available elsewhere similar price.
To bring this thread back to Other Investing, TD Ameritrade has a 24 hour network covering markets and trading techniques. Sling includes it in their package. However, the TD Ameritrade App can be downloaded for free off the internet and you can than watch it on your TV completely free.
PS - Another business channel, Bloomberg TV, will cost you. However, Bloomberg Radio has very similar (sometimes identical) content and is completely free. Simply download the Bloomberg radio app and start listening 24 hours a day on device of choice.
Happy viewing!

Yep, it's true.
But she impresses me.
I think what I like most is she's poking fun at the whole thing.
Like here:
https://twitter.com/kylascan/status/1502040117103366144?s=20&t=TWdvc5MzVvazRrz8kS_GNA

Is the McClellan Oscillator related to the oversold and overbought indicators provided by a MFO member 2 or 3 years ago? I seem to remember readings like 125 and 145 indicating the condition of the market.

I track around 15 funds every day. Helps me better understand the markets and how my own funds are doing. No intent to disparage this fund, the manager or those who own it. But, being down 6.65% today, it caught my eye. It’s probably a good bet for those who like to roll the dice. Hell, you could probably talk me into buying some Monday. And this is not an invitation to dump on Wood. I’d suggest a bit of humility.
Whatever your losses in this miserable year, they likely pale in comparison to this one. Some lessons must surely reside here about risk taking, investing, time horizons … I suppose in the long run it will do fine. One caveat however: Owning a volatile fund’s a bit different than owning a volatile stock. With the former there’s the added impact of redemptions on the fund’s performance by those with less strong tolerances for risk than you possess and who sell at or near the bottom forcing the manager to unload equities at precisely the worst time.
Lipper

Her intro this week ...
"A brief summary around all the movements in commodities this week
Agriculture, fertilizer, natural gas, oil as a meme stonk, shale investors, The Nickel Saga, the China tech selloff, commodities vs USD, and finally crypto regulation."
https://twitter.com/kylascan/status/1502422859506860032?s=20&t=cbaYza87a5trP2Mg0XoNPw

Thanks @Mark for Lynn's article.
Nice piece @lynnbolin2021. I agree with your reasoning for owning some commodities in a portfolio. These cycles tend to last many years. Question, did you not include DBC/PDBC because of the high energy-oil percentage? Just curious.
FWIW, here is short video of a show comparing DBC with DBA. I now own both, but much more weighted in DBC. I've owned that one for about a year now.
https://finance.yahoo.com/news/etf-battles-dba-vs-dbc-131500183.html

Major indexes are now showing a downward channel of lower-highs and lower-lows. In the chart, change time to YTD if it defaults to 1 Yr.
https://stockcharts.com/h-perf/ui?s=$SPX&compare=$COMPQ,$INDU,$TRAN,IWM&id=p53659391262

here is M* article re recent performance
https://www.morningstar.com/articles/1083759/why-are-so-many-commodity-funds-falling-short

M* has a new analysis of why several "rated" commodity funds have not beaten the index this year, mostly due to holding longer term contracts than the ones that are going parabolic this year.
OF course having tempted you, I read it this morning on my iPad and can't find it to copy. Will keep trying.
There is a useful explanation of contago and backwardation in this link.
https://www.morningstar.com/articles/1070971/commodities-inflation-hedge-or-fools-gold
They use USO as an example of a an ETF that has failed miserably over the years to follow the price of the underlying commodity.
another M* article that answers the question "are they diversification for long term investments" The answer of course, using M* methodology is NO.
https://www.morningstar.com/articles/1074884/do-commodities-have-a-place-in-your-portfolio
Another reason why an actively mangled mutual fund might be best.
I have used GRHAX SPCAX and GCC but you have to look carefully at what the particular fund actually does over time and how it preforms.

+1 david

The democratic socialism proposed and practiced widely elsewhere has nothing to do w socialism where gov sets prices. But serious people know that and don't scaremonger.
WWKS answers (not that that is what is really being asked, I bet) are easy to find, albeit wonkish:
https://stonecenter.gc.cuny.edu/credible-irresponsibility-revisited/
https://twitter.com/paulkrugman/status/1501275391083880451
"Expected inflation more than a year out appears to be up only slightly."

A sophisticated thread this is
https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=116&emc=edit_pk_20220311&instance_id=55524&nl=paul-krugman&productCode=PK&regi_id=22268089&segment_id=85319&te=1&uri=nyt://newsletter/50162282-ff10-518d-b4f8-2e969eb27054&user_id=83d45440ead1d14c2a89a1e7221337d1

This may not be as huge a problem that the media is making it out to be.
Insurance companies and funds sell CDSs (i.e. insurance on underlying bonds) in normal times and pocket the premium MOST of the time. But they have to pay up SOMETIMES. The CDS sellers pay only when the swap association declares a default event and that hasn't happened yet. A poster at Fido Inv Community (a closed group, so links not possible) estimated max exposure of Pimco Income/PIMIX at 12c, so not a huge deal when the NAV is $11.22. An open thread is at M*, see below.
On the other hand, many Pimco CEFs have sold off on such news even when no Russian CDS exposure is seen there (I got a very low-ball limit-buy fill on PDO yesterday and was puzzled at first). Moreover, Blackrock may have much higher exposure to Russian CDS than Pimco. Industry is better prepared now after the AIG fiasco before/during the financial crisis (AIG had an enormous CDS exposure and had to be bailed out).
https://community.morningstar.com/s/question/0D53o00005wYHyiCAG/pimco-amassed-billions-of-exposure-to-russia-debt-facing-default

Yogi: "Terrible sounding death-cross (50-dMA crossing 200-dMA on downswing) was noted for Nasdaq Comp about 3 weeks ago, in mid-February (it had happened to R2000/IWM in mid-January). One may have thought then whether the other indexes will follow, or will pull up R2000 and Nasdaq Comp. We now have a partial answer. DJIA/$INDU also has a death-cross and SP500/$SPX may follow in about a week ...."
Per Barchart's figures, the S&P 500 is within spitting distance of a death cross now (based on simple moving averages), just a 10 point gap to close.

The Newport Beach, California-based asset manager had at least $1.5 billion of sovereign debt, according to the latest fund filings compiled by Bloomberg. It had also placed about $1 billion of bets on Russia via the credit-default swap market as of Dec. 31, according to fund documents on its website. The Financial Times reported the holdings earlier on Thursday and said Pimco faces billions of dollars of losses should Russia default on its debt.
The majority of Pimco’s swaps sit in its $140 billion Income fund, run by Chief Investment Officer Dan Ivascyn, alongside Alfred Murata and Joshua Anderson. The fund disclosed that it had written almost $942 million of protection on Russia by the end of 2021. The other funds holding positions include Pimco’s Total Return bond fund, its Emerging Markets bond fund, and Low Duration income funds.

https://investmentnews.com/pimco-amassed-billions-of-exposure-to-russia-debt-facing-default-218403
I invested a small % of Pimco Income fund. Several weeks I found the fund has about 1.3% exposure of Russian debt, I sold the entire position.
Also read elsewhere that many emerging bond funds, especially those invested in local currency, have sizable Russia exposure, are having issues. Will the Russian bonds default?
Banks also have billions in to Russia exposure and the fallout is uncertain.
https://axios.com/western-banks-russia-chart-58735fa9-1ddd-428b-99c9-dfa1e6781452.html

From the same WSJ Article. Photo of economist and former U.K. central banker Charles Goodhart
who in March 2020 predicted inflation of 5-10% post pandemic.
Looks believable to me.

Just got a big new tv as a gift. Roku connection ready-to-go, on the back of the thing. This is all Greek to me. I'm a Luddite. The TV uses our internet connection. Amazing choices! Too much to even digest, and we are not even using any premium channels or features which would involve any add-on costs. Friends shared their Netflix password, so we have that, too--- although after searching quite a bit through their offerings, it seems to me that most of it is junk.
News, movies, old tv series, concert films. Documentaries. You name it. TV channels I never heard of, never knew existed. I suppose you could do the same, eh? Our internet happens to be with T-Mobile. No trouble at all with their internet service. On the other hand, customer service regarding my phone is a pile of mongoose feces. Nice, polite, upbeat... and useless. Anyhow, we're getting all these channels in our house even WITHOUT any cable or dish hook-up. I hope this is useful to you. Wife has a smart phone with T-Mobile. $50/month. My senior flip-phone is $20/month. Internet is $50. So, all of it adds up to $120/month. No need for a landline phone. Good luck, @Derf.

After talking to five or six reps , the only thing that has been accomplished is : They will phone me back to determine whether we committed to have a possible price increase after putting Dish on hold while snow-birding . They do this by listening to tape when putting dish on vacation mode. We did receive notice via mail of $5 increase or the option to opt out of contract. $5 isn't going to break the bank, but going from $120 to $156 is more than I can stomach ! My reply to last rep was , " send the boxes if price isn't restated to $121 & I'll find someone to do the buy out".
At this time , if someone has a good TV - Internet package please reply.
Thank you, Derf