Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
  • Crypto market crash hits Trump family, wiping out $1 billion of their fortune
    The man is totally corrupt, in every sense of the word.
    It's amazing that none of the following bother you more.
    * The global tobacco products market (dominated by cigarettes) generated approximately $988 billion in revenue in 2025, according to market forecasts.
    * Google, Amazon, Apple, and Meta have been taking advantage of billions people around the world using monopoly practices and other evil tactics, and their CEOs made a lot more than Trump
    * The pharma companies have been abusing their power to make billions more and enrich their CEOs.
    * Educate yourself with The Full Story of OxyContin and Purdue Pharma.
    * The following are some of the worst companies making and selling food making so many billions.
    Most sugar pushed globally: Coca-Cola and PepsiCo combined
    Most addictive salty snacks: PepsiCo (Frito-Lay division)
    Worst children’s products: Kellogg’s, General Mills, Mondelēz
    Highest-sodium frozen meals: Conagra and Nestlé
    Most deceptive “health halo” products: PepsiCo Gatorade, Coca-Cola Vitaminwater, Kellogg’s “Smart Start” cereal (still 35 % sugar).
    American fast food companies.
    * Michael Milken and the Junk Bond Scandal.
    * Scandals tied to the Kennedy, Clinton, and Biden families.
    But hey, TDS is in the house.
  • Silver Market
    Stumbled across a 1 oz bullion silver coin digging through some junk recently. Not too pretty. Probably bought it back in the days of the hunt brothers. ISTM there's a few commemorative ones laying around here somewhere. My investment grade Morgan's ought to be up nicely. Keep those in a bank safe deposit box, but can look them up at NGC & PCGS as they are certified - and most of them photographed.
    From back in the 70s & 80s I recall taking a pretty good cut when selling things back to dealers. Gold bullion coins, however, held their value pretty well. Should have hung on to the K-Rands I bought back then at $800 -$850. It's actually the copper in the things that makes them so beautiful. :)
  • Crypto market crash hits Trump family, wiping out $1 billion of their fortune
    https://www.forbes.com/sites/danalexander/2025/09/09/presidency-boosts-trumps-net-worth-by-3-billion-in-a-year/
    Donald Trump just had the most lucrative year of his life.
    His net worth is now estimated at $7.3 billion, up from $4.3 billion in 2024,
    when he was still running for office.
    That $3 billion jump moved him up 118 spots on The Forbes 400, placing him at No. 201 this year.
    So even if he lost a billion, he’d still be doing just fine.
    [snip]
    In an August 2024 news conference, Donald Trump declared:
    "When I win, I will immediately bring prices down, starting on Day One."
    Trump has failed to keep this campaign promise — overall prices have increased since he took office.¹
    Shouldn't the president be focused on improving the lives of ordinary Americans
    instead of enriching himself and his immediate family?
    With his rapacious appetite for filthy lucre, Donald Trump has potentially violated
    the Constitution’s Emoluments Clauses.²
    ¹ https://www.bbc.com/news/articles/ckgkl25734go
    ² https://www.brennancenter.org/our-work/policy-solutions/codifying-constitutions-emoluments-clauses
  • Crypto market crash hits Trump family, wiping out $1 billion of their fortune
    https://www.forbes.com/sites/danalexander/2025/09/09/presidency-boosts-trumps-net-worth-by-3-billion-in-a-year/
    Donald Trump just had the most lucrative year of his life. His net worth is now estimated at $7.3 billion, up from $4.3 billion in 2024, when he was still running for office. That $3 billion jump moved him up 118 spots on The Forbes 400, placing him at No. 201 this year. So even if he lost a billion, he’d still be doing just fine. I’m glad you’re keeping track of his finances.
    The Obamas have also seen significant financial growth over the years.
    And here’s a true story: my SIL works for a major Silicon Valley company. They had booked Michelle Obama for a presentation at a rate of $300K for a 90 minute talk. Michelle arrived late, spoke for only about 20 minutes, and still demanded full payment threatening to go public and accuse the company of DEI bias if they didn’t comply. Quite an act of “class,” I suppose.
    Millions flowed to the Biden family via opaque deals.
    Turns out we can agree on one thing: our politicians are corrupt.
  • Silver Market
    CNBC points to (i) short squeeze in silver and (ii) low silver inventories in exchange/dealer vaults. Some silver has to be flown by air to make good on deliveries.
    https://www.cnbc.com/2025/11/29/silver-hit-record-highs-in-2025-and-still-has-further-to-run.html
  • Warren Buffet: Ten Attributes We All Can Aspire To
    None of these attributes have anything to do with money. In hopes that all discussion here at MFO rise to a higher bar using Warren's list as a guide:
    Be Kind
    Have Integrity
    Practice Patience
    Use Caution
    Be Positive
    Think Independently
    Exhibit Humility
    Be Content
    Value Continuity
    Practice Gratitude
    10-things-we-can-learn-warren-buffett-that-have-nothing-do-with-money
  • Who's at the Wheel...Trillion of Dollars are at Stake
    Self driving cars (trucks, planes, trains, etc.) by the end of the decade?
    Depending on the parameters of the market or the whimsy of the analyst, they expect robotaxis to bring in anywhere from tens of billions to trillions in annual revenue by the end of the decade. Yes, this decade.
    To put that in perspective, Uber’s revenue since 2016, in total, is about $179 billion.
    The promises are huge: autonomous taxis will be so much safer than human drivers that traffic deaths will plummet. Robotaxis will make transportation so cheap, it could upend everything from car ownership to the land on which we formerly parked our cars. Rather than depreciating money pits, cars with robot drivers would become income-generating assets for their owners.


    its-tesla-vs-google-in-the-fight-for-self-driving-supremacy
  • Silver Market
    Howdy yogi,
    The GSR is the oldest known market metric and still watched by many. Here's the history.
    https://www.investopedia.com/articles/investing/080316/historical-guide-goldsilver-ratio.asp
    That said, the easiest way to play it, is to purchase PMs in whatever ratio exists. If it's 105 to 1, you buy 1 ounce of gold and 105 ounces of silver. Coming down to 75 to 1, you buy 1 gold and 75 silver. Personally, I think it's been distorted by the advent of bullion ETFs.
    As an aside, the conspiracy peeps are saying that the power outage at the CME was contrived because they were losing control of the silver market and had to try and regain control.
    The problem with two distinct markets - paper and street, it has always raised the specter of market manipulation. Feh. I read Livermore. ANYONE who has any sort of control over a market is ALWAYS going to exploit it to their advantage. I don't see it as any different from the casinos and their house advantage. Deal with it or don't play.
    The big issue is fiat currencies are starting to implode due to politicians overprinting. Why do you think Trump is calling for lower interest rates and wanting to take control of the Federal reserve. 'Lower the rates and print more money and everything will be wonderful.' Fine, but watch the inflation go nuts. See, they don't have many alternatives to debasing the currency. I read they were going to have to debase it by 75% over the next decade. Oh, and while I dislike Trump, the democrats are no different. The big problem is that every other country in the world is doing the same damn thing. And that leads to the collapse of all fiat currencies sooner or later.
    and so it goes,
    peace,
    rono
  • AAII Tax Guide, 2025
    If you are an AAII member, note that the annual AAII Tax Issue is out (formally, 12/1/25). I am a lifetime member, but annual membership is not high.
    https://www.aaii.com/journal
  • Silver Market
    It's useful to look at prices of gold and silver as well as their ratio.
    The ratio now is 75, and the last major turning point was 73, so a change in gold:silver relationship may not be that far away.
    Of course, there are wild price targets for both gold and silver, but that may be far into the future. Traders have to worry about short-term.
  • Sentiment & market Indicators, 11/19/25
    Junkster: When any indicator, including sentiment, reaches never before or rarely before seen levels that is as good a buy signal as you could want. We had two of those last Thursday and Friday. Check this thread where I mentioned them. Also I know several traders who have been very successful using the CNN Fear and Greed index as a buy signal when it reaches single digits and synthesizing that with other indicators. Good traders are into synthesizing a variety of indicators into a coherent trading plan. Trading is not easy and anyone who tells you it is, is a crook, con man, and charlatan.
    And that’s exactly what we should be discussing. Posting weekly indicators without any interpretation is just that, raw data. No one ever said this would be easy. I’ve been making calls for years, though I no longer do so on this site. These unique situations only come up a few times a year, and that’s precisely why they matter.
    Buy signals are generally easier to identify—though still not easy—than sell signals, especially after a major decline. My inbox was filled with articles urging people to sell stocks a couple of weeks ago, but I said to simply hold. Most of these commentators have been saying the same things for years. When the market drops just 4–5%, you suddenly see a flood of negative articles; when stocks go up, they pivot to talking about bubbles and overvaluation.
    Often, markets decline because of truly unique situations:
    2008: MBS crisis
    2018: The Fed raised rates 3–4 times
    2020: COVID
    2022: The Fed committed to rapid rate hikes after inflation surged
    2025: Liberation Day
    These are the kinds of events that move markets: rare, specific, and often unpredictable.
  • Sentiment & market Indicators, 11/19/25
    @Junkster, although AAII Sentiment was the most bearish recently on 11/12/25, the combination of sentiment and indicators seemed most bearish to me on 11/19/25 - OP for this thread. You correctly called that out.
    Not only one should look at more than one indicator, one should also look at indicator histories.
    Since then, indicators have bounced remarkably. AI clouds of concern suddenly disappeared and AI and tech rally is back on.
    If some posters don't find this info useful, they can simply scroll through. I just ignore them and won't respond to their comments.
  • Sentiment & market Indicators, 11/19/25
    AAII Bull-Bear Spread
    CNN Fear & Greed Index
    NYSE %Above 50-dMA
    SP500 %Above 50-dMA
    The Death-cross, see (link).
    Can PE, PE10(CAPE), the economy, recessions, M2, inverted yield, high valuation, interest rates, GDP, inflation, high demand, demographic, Bullish sentiments, EARNINGS, the "experts"...predict STOCKS PERFORMANCE in the next 1-4-8 weeks(many times longer than that)? See (link).
    None of the above can predict markets accurately in the next 1-4-16 weeks. Some of these are too early or too late, and some can be off for years too.
    There is nothing here about YBB, which is a valuable poster. These are just facts.
    When any indicator, including sentiment, reaches never before or rarely before seen levels that is as good a buy signal as you could want. We had two of those last Thursday and Friday. Check this thread where I mentioned them. Also I know several traders who have been very successful using the CNN Fear and Greed index as a buy signal when it reaches single digits and synthesizing that with other indicators. Good traders are into synthesizing a variety of indicators into a coherent trading plan. Trading is not easy and anyone who tells you it is, is a crook, con man, and charlatan.
  • Sentiment & market Indicators, 11/19/25
    AAII Bull-Bear Spread
    CNN Fear & Greed Index
    NYSE %Above 50-dMA
    SP500 %Above 50-dMA
    The Death-cross, see (link).
    Can PE, PE10(CAPE), the economy, recessions, M2, inverted yield, high valuation, interest rates, GDP, inflation, high demand, demographic, Bullish sentiments, EARNINGS, the "experts"...predict STOCKS PERFORMANCE in the next 1-4-8 weeks(many times longer than that)? See (link).
    None of the above can predict markets accurately in the next 1-4-16 weeks. Some of these are too early or too late, and some can be off for years too.
    There is nothing here about YBB, which is a valuable poster. These are just facts.
  • Silver Market
    "Hell, I can't even stand up in mixed company."
    LOL!
    5%+ return per day is a substitute for little blue pills.
  • Silver Market
    Sounds like it's time for me to dig out my pre-1965 dimes, quarters and half dollars.
  • Silver Market
    Gold:Silver ratio peaked at 105 in 04/2025 (gold was hot) and is now 76 (silver has been shining for months). Recent low for the ratio was 73 in 11/2024.
    Edit/Add: Gold:Silver chart (E.O.D.) https://schrts.co/pNJHhiAh
  • Bond Market Retrospective
    " It is refreshing to have an established bond analyst to discuss the process of exploring various sectors of bonds and their inefficiencies."
    But I don't see why we need an "established bond analyst" when we already have FD1000.

    Well, if your toilet ain’t working, do you want a
    general therapist who claims to know a lot about everything from gutter repair to toasters? Or do you want a dedicated plumber with all the right tools?
    "great" post.
    Since retirement I have been in at least 95% bonds. In the last 3.5 years, I have been in 99+%.
    The images below, which I copied directly from Schwab, show I made 11.4% since 1-1-2018 and 11. 8% in the last 5 years.
    Go ahead and find a bond fund that beat the above performance and never lost more than 1% from any last top.
    https://ibb.co/yn39KpsC
    https://ibb.co/27w1XV1w
    My toilet is flushing pretty well.