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.
Howdy folks,
Just a wee interruption. The simple fact that folks may lose a limb or their sight or even their life because they cannot afford the treatment . . . is an obscenity beyond words. The fact that we have allowed the health care system t…
Hi folks,
Nice question and great response. Too often, people try to simplify the gold market. The demand for gold is extremely multifaceted and this confuses many would be comparisons. You've got CB and petro dollar diversification, industria…
Howdy folks,
Curiouser and curiouser. Note the demographics - Scotland and London to stay. Everywhere else to go. Old to go and young to stay. College educated to stay and those not to go. I was thinking about buying some more XOM on the dip,…
Howdy Mo,
Hope you're doing well. Ah, the Brits and how to play them . . . I'd have some cash on hand, but geez, at our age, we Always have some cash on hand. ;-) If they bolt - head for those sectors that get crushed the most. If they stay - c…
Howdy folks,
Pretty much took my profits yesterday on my momentum play with in the junior silver miners. Left a bit of house money on the table. My lead pony SVMLF was off ~9% and I pulled the trigger. Max Gunther says to always take profits ea…
Hi hank,
Although the purists will shoot me, the 403B is sort of the municipal version of the 401K of the private sector and the 457 at the state level. All forms of deferred compensation, albeit with minor differences (much less today than in the…
Howdy folks,
I'm still riding my momentum play in the junior silver miners, albeit it's a bit nuts at times. My big play is with SVM(LF) [SVM is Canadian while SVMLF is it's US version) with side plays in EXK and AG. Here are their charts as com…
Hi Mark,
Until last weekend the weather had been dreadful, but not like other parts of the country where they're getting hammered. I love Mother Nature dearly, but she can be quite contrary at times. My neighbors just started cutting their grass …
Howdy Professor,
Good article.
Note that while silver jumped 4.2% the silver miners went nuts. [aside - haven't we been down this road before?]
http://www.kitcosilver.com/equities.html
In the precious metals space, there are two metrics that…
Hi David,
It's still about retraining and that's what they keep ignoring. Tariff free int'l trade is good for everyone except the displaced workers. If they are retrained in a serious way, there is minimal heartache and misery. Yet with all thes…
Howdy,
I'm still riding SQM and XOM but the big fun is with my momentum play in the junior silver miners. My big dog is Silvercorp SVMLF with side bets on EXK and AG.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&a…
Howdy folks,
Gee. Weird stuff with the election year, but what will be will be. I don't think Trump can win the general but stranger stuff has happened. That would be spooky. Otherwise, assuming Hillary doesn't get charged, she should be a lock…
Hi Tom and congratulations.
Being a grandparent is God's reward for not killing your children.
We have 529's here in Michigan for my two grandsons. Deal of deals.
First of all, it's a straight tax deduction at the state level.
You can alway…
Hi Mark,
Spring is near. ;-)
It's a long term 'dividend where I shop' play.
Axshully, I'm hedging my tree hugging. teehehe
take care and stay warm,
peace,
rono
Howdy folks,
Wee update. Made a couple more incremental purchases of my junior silver miner Silvercorp SVMLF and was able to hold on this past week as it bobbed around even to down a bit. Got close to my stop loss but . . . now it's recovered to…
Howdy folks,
With a history on this board traced back way before FundAlarm to UseNetNews and mutualfundinvesting.misc (unmoderated) . . .
DON'T FEED THE TROLLS
Not implying that this is the case here, but trolls historically have been negativ…
Howdy,
I too was a long time smoker and agree with both of you. Chantix and wanting to breathe thru my nose at night did it for me. The former works like a dream on the physical side of addiction, but you still have to deal with the mental all b…
Howdy Doc,
Noting how Walmart leads in so many states - the absolute kinghellbastard stimulus to aggregate demand would be to raise the minimum wage to $15.10, where it would be if it had been adjusted for inflation, and to index it to inflation go…
Hi folks,
Here's the chart of Silvercorp SVMLF
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&symb=svmlf&uf=8&type=64&size=3&sid=0&style=320&freq=1&entitleme…
Howdy folks,
Note that I raised some cash back when things started melting. First place I put some it back to work was with SQM as it's one of the pure lithium plays. I owned it years back but it was early. May still be. With the movement in th…
Thanks, Ted,
Not only are the Zurich Axioms wonderful, you can buy anything written by Max Gunther and learn from it. The Luck Factor is a good read.
peace,
rono
Howdy guys,
Thanks for the kind words.
Been tree hugging but when the market started to puke and the metals started to move, this retiree got greedy and decided to see if he could still make a buck. Other than the investing basics, the one speci…
Oops. I read that over and did not mean to imply that I've doubled my investment. What I was alluding to was that these are momentum plays and I've increased my stake in this particular stock twice.
sorry,
rono
Howdy,
Today surprised me. As the market rallied, both gold and silver stayed flat to down. However, my silver juniors all continued to rock. My star right now is SVM, which I've doubled up on twice. Others I'm riding are EXK, ASM, SVC (rat), A…
Howdy,
Elizabeth Warren represents the progressive wing of the democratic party which is pretty much the same drum beat Bernie's marching to. Even staying silent (for now), her mere existence along with Bernie's campaign threatens to divide the de…
Howdy folks,
What I want to see is President Warren. Perhaps, considering Bernie's age, he'll take Liz as his running mate with the intention of turning it over after one term.
Works for me,
peace,
rono
Howdy folks,
I'm with Delph - I don't see a another Great Depression. Out on the streets, the 'recovery' is actually starting to take place from the ground up. China will muddle through, albeit at a much reduced path of growth. So will we.
Ho…
Howdy folks,
Mark is spot on. Goes back to Peter Lynch - play what you know. Everybody has some area of knowledge superior to most and if played . . . I've collected coins for some 60 years so I should know pm's. I've watched Mark play MLPs for …
Howdy PopTart,
I too have been watching the space very closely and actually added to my VERY small positions with junior silver miners just yesterday.
First of all I am still of the mind that everyone should have a wee bit of precious metals in…
Howdy folks,
I really don't see a bottom yet in oil but I've never played the patch without getting my hands dirty (and most everything else) so WTF do I know. That said, I'm really looking at grabbing some XOM at this point. It's yielding 3.75% …
Hi Dan,
Geez, you peeps that live in The City, are soooooo sensitive. ;-) teehehe
Yeah, I noticed it too, but hey, I'm sort of a visiting fudgie these days, so WTF?!?
I'm old enough that I can smell a troll from quite a ways - and I don't. Ju…
@rono
Hi Ron,
Thank you for your time with this most complex area of our social structure; and your common sense expressions and considerations regarding various circumstances.
Too many conflicting fingers in the money pie as the money attempts t…
Howdy,
Dex wrote:
"While this sounds like something new; it is nothing but a term of Keynesian economics. Repairing of infrastructure is a good idea. Building of infrastructure as an solution to an economic problem is not a good idea."
And? Seri…
