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,
Cramer's in the class of 'talking heads' on the business channels. Best advice I ever received was from our Gary Smith years ago on a previous edition of the board. Always turn the volume OFF on the business channels and simply follo…
Howdy folks,
1. He is not taking it.
2. He is shilling a company and stock.
3. He so single minded that he fails to realize that the only people that will try to obtain and use it are his base.
4. Less voters for Trump.
Duh
Rono
Howdy folks,
At this time I see buying an index as the silliest thing you could do. Do you know how many zombies are in the Dow or 500? The government bailouts are going to stop one day and when the music stops the bankruptcies are going to be l…
Howdy folks,
That's putting spin on the reality of asking the poor and elderly to be heros and commit suicide for the economy. From our response, or lack thereof, we're still looking at the high side worst case scenario and next winter is going t…
Howdy folks,
Please, dear God, get a grip. Take away NYC and the Curve is still spiking for the nation. That means that when it peaks we'll have an equal number of deaths on the downslope. Do the math. 3000 deaths per day. 20 days left in May…
Howdy folks,
Hi Anna, hope this finds you safe and well.
You asked the big question Where goes the dollar? We know that most of the stock market valuations are being kept inflated by the Fed not unlike a balloon full of holes attached to a hu…
Howdy folks,
[the choir singing]
The nice thing about investing these days is that we have a lot of choices and investment vehicles. Most PM funds only invest in mining stocks and not bullion. You have some ETF bullion funds but I consider the…
Howdy folks,
Are you sh*tting me?!?
Seriously there is a lot of money to be made if you can play the dead rats. Cripes, with the money they're printing and pushing onto dead industries so the executives can get bailed out, there is money to be ma…
Howdy folks,
Raised a bit of cash yesterday as I'm fading this rally. Slightly reduced intl equity holdings and traded up for quality in the miners.
Best estimate I've seen has the pandemic lasting for years even if we get a vaccine and life w…
Howdy folks,
Having to define people by liberal or conservative or red or blue is a death spiral as it separates the world into Us vs. Them.
We're all passengers on Spaceship Earth and unless we start acting like it we're ALL going to die regard…
Howdy folks,
Help me out. I have never heard anything good about this company - for 50 years. Did I miss something or should they still be avoided like the plague?
thanks,
rono
Howdy folks,
Bee is spot on, in the near term the issue is Deflation due to no demand for much of anything. Down the road, post vaccine, we might see inflation. So much of the problem with inflation is the gov't and how they report the statistics…
Howdy folks,
Update from the stimulus check front. We applied (had to enter our bank acct info as we normally have to pay at bit) on April 17 and yesterday, were notified that it's on it's way. It should show up in my acct over the next day or so…
Howdy folks,
I said it months ago and it's worth repeating, 'Trump and eat shit and die and everyone who supports him can eat shit and die.'
Do I make myself perfectly clear?
and so it goes,
peace and flatten the curve,
rono
Howdy folks,
I suspect he tried to go thru channels but someone decided Trump wouldn't like it because it would be bad press . . . and said No.
Oh well,
Rono
Howdy folks,
This is one of the tragic ironies you sometimes see in the military. He broke the rules and should be disciplined. Period.
He's a hero to his men, the USN and the country and should be decorated. Period.
A hero sacrifices their…
Howdy folks,
My wife and I have been with TRP for decades and have been pleased as punch the entire time. Great choice for intelligent investors.
As for their international funds, they have them all for various objectives. So much depends upon…
Howdy folks,
And . . .
Here's a good article from the Atlantic
https://www.theatlantic.com/newsletters/archive/2020/04/covid-19-george-packer-america/610303/
And so it goes
Peace and Flatten the Curve
Rono
Howdy,
Thanks msf. It smelled a bit like fake news. Shoot, these days, you just drop 10% off from either end of the spectrum and call it good. In 2016 we were on an Alaskan land and sea trip. When we got on the cruise ship, our news choices wer…
Howdy,
I won't talk about the metals as you've covered it. One of the oldest and most important (to me) quotes I've ever read was from the Elder Baron Rothschild. He said to guard against economic downturns, one should have 1/3 of their wealth in…
Howdy folks,
It may or may not be true but I read that FOX wasn't even licensed as a News network but as entertainment unlike the other networks like NBC CBS CNN and even MSNBC.
And so it goes
Peace and Flatten the Curve
Rono
Howdy folks,
At first I thought it was sheer incompetence at FEMA but now I've decided it's deliberate reallocating all supplies, particularly PPE and testing equipment to states where they're already opening things up. FEMA has been intercepting …
Howdy folks,
Curious times we live in. On CNBC the hot topic yesterday was are the oil majors going to able to continue their dividends. How many of our funds are chock full of these and other BV darlings that also won't come back? This applies…
Howdy folks,
Update on our Yosemite trip. Flights had been changed sufficiently to warrant a full cash refund. Others all cancelled but the National Parks reservation service is withholding the standard 10% which can be used in any park (not Teddy…
Howdy folks,
Good to hear you rec'd your checks. I've had to pay the past few years so had to go in yesterday and enter my acct info to get a direct deposit.
Also, today we rec'd a full cash refund from Viking for our 13 Mediterranean cruise. …
Howdy folks,
Whelp, if we're telling it like it is, the only thing separating Trump from Hitler is body count. You give this creature another 4 + years and he'll make Hitler look like Jimmy Carter. Coronavirus additional deaths is peanuts compar…
Howdy folks,
+1 Lewis,
Trump loves to float trial balloons. Les deux du jour are letting the Post Office go under and firing Dr. Fauci. I realize he's not only bat shit crazy but as evil, if not worse than Hitler, but both of these seem akin …
Howdy folks,
@FD1000 mentioned the revolution occurring in education. F2F to virtual. My Econ 101 Prof was so good they taped him in the early 80s and ran his tape for years. Why should I pay thousands in tuition when there's no classroom inte…
Hi crash,
Sorry. I was confusing. In our cases, we always received the check made out to the new administrator but in our name. We just forward it on to the new house.
Good luck
Rono
Hi crash,
You're on the right track. Establish the IRA at Value Line, then authorize THEM to go get the funds from MassMut. They will send you the check(s) made out to VL and you forward them to VL. After they get it, you allocate it.
Always …
Howdy folks,
Every central bank is printing money like drunken sailors and our is printing the most. I can't see how this will end well. Never has in the history of the world. Oh, yeah, it's different this time.
gold, guns, beans and bunker,
…
Hi Mike,
Hope this finds you well.
There are so many issues going on right now it's difficult to get a grasp of the situation. Because of the pandemic, there has been a flight to physical bullion that has outstripped supply. In addition, the …
Howdy folks,
The chances of this happening are pretty low. Is it possible? Sure. Right now, gold is at all time highs as expressed in every other currency in the world. This means that in dollar terms, gold is cheap. Indeed, the simple fact i…
Howdy folks,
Recieved this from Pat Heller of Liberty Coins. They are a bullion dealer for the months.
"This announcement was just received from the US Mint:
U.S. Mint Temporarily Suspends Production of Numismatic Products
Today we face ongoi…
Howdy folks,
Here in Michigan we're working on a couple of these via referendum votes. In 2018 we passed 2 that were key. 1. Allowing absentee ballots for no reason. Geez, they just announced our May primary will be by mail. 2. Creating a com…
Howdy Lewis,
Your first point doesn't fly because you're assuming that if they were all corrupt they'd be working in unison. While this happens occasionally, most often it's by accident, or due to lobbyist pressure. BOTH parties in Washington a…
