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,
Somehow or another, a lot of people seem to think the US government is on their side and tells them the truth. ARE YOU SHITTING ME?!? Get a grip people.
My 'think like a mountain moment' was around the end of 1968 near Danang when…
Howdy folks,
@johnN, I've dealt with apmex.com for years for bullion although not exclusively. They're painless. To buy higher end coins, the clearing house is collectorscorner.com . These are mostly slabbed coins and you'll find the top 10-15…
Hi Mike,
I love miners. Miners is good. They create supply. At kitco you can scroll down and find all the miners for gold. Go to kitco dot silver for those miners. For funds try for diversified PM funds that cover all the metals and stay with y…
Howdy folks,
Now Here is a gold bug.
https://goldswitzerland.com/dont-wait-for-the-storm-to-pass-learn-to-dance-in-the-rain/
Don't know about you good people, but equating this to the Fall of the Roman Empire seems to be setting the Bad Outcome…
Hi john
The private for profit health care system is imploding before our eyes. The vast majority of hospitals are on the brink of financial collapse because of their business model based on elective and bullshit surgeries and procedures. Hell, t…
@davfor teehehe. I finished my BA in Econ in the late 70s financed by the GI Bill and selling my stash of 90% US silver into the Hunt Bros bull market. My Econ professors are still some of the few people who knew WTF was going on. Take care.
Ro…
Howdy folks,
Author is a bit of a gold bug but spot on.
I can assure you that the vast majority of those holding physical bullion are NOT selling. There is very little available supply of gold or silver. If you are able to find some, the premiu…
Howdy folks,
Great article [rono loves to read economists].
While it is way too soon, getting somethings back up in safe manner is what we need to study. How can we morph our society and economy into one that is safe?
My son is a county park …
Howdy folks,
The Capt knew that going public would cost him his career. However, he was willing to sacrifice himself to save his men. I suspect he tried normal channels first and was left with no options but who knows. Regardless, he broke th…
Howdy folks,
I think thisbcalls for a General Strike approach. No one pay any bills associated with the virus
Put them All in dispute and force the government to waive them.
Fuck them.
And so it goes
Peace and Flatten the Curve
Rono
Howdy folks,
One of the nasty ironies of the military. He was a Navy Captain which is a full bird colonel in the other branches. Commanding a nuclear carrier meant that he was in line for Admiral. He went public [because Washington was ignor…
Howdy folks,
Trump is directly responsible for 10s of thousands of coming deaths that could have been prevented. That said, he's only partially responsible for the grand total body count. I talked with my brother who's in the business.
He say…
Howdy folks,
Hey, I hate Trump too, but we really don't have time for this crap right now. We have a problem. Same thing for Bernie - the revolution can wait - we have a problem named Trump to deal with first.
And so it goes
Peace and Flatte…
Howdy folks,
Love the comments, Derf. How many of these people eat their offspring?
As for the infrastructure pkg, it's a great idea. [When your dog does something good, you give him a treat because you want to encourage more good behavior].
…
Howdy folks,
Impossible to pick the bottom so why try. feh. If you see something that looks appealingly priced - buy a little. Wait and see what happens. Cripes, if it's a good company that has their act together, you can take a sort of DCA app…
Hi Crash,
Both PREMX and RPIBX were bought years back as part of an overall diversified allocation. I added PRSNX and back around the Ides of November when I was taking a couple of units out of equities. Wife and I are both at Price with our Rol…
Howdy folks,
Please note that this Captain had to leak his letter to the press because Washington was ignoring it, presumably because it's bad press.
And so it goes
Peace and Flatten the Curve
Rono
Howdy Mark,
Wife and I are both at Price with our rollover IRAs. I went this way months ago and have let it ride. My bad. My recent buys were at Matthews. Also, we all need to reevaluate our intl holdings. Listening to Ian Bremmer yesterday …
Howdy folks,
I'm of the school of 'owning a piece of the broom'. For years, I've tried to own companies that I did business with and that paid a dividend. Examples are my utilities such as CMS (2.8), DTE(4.2), T(7.0), VZ(4.7). And as a secret th…
Howdy folks
Shale oil high yield debt has been used to juice the return in all of our cash type investments.
With the oil price war going on it's actually worth more as toilet paper.
Peace and Flatten the Curve,
Rono
Howdy folks,
We're going to see in a brutal and heartbreaking way just how nonexistent our public health care system is. It's time for universal healthcare for all Americans.
And I don't want to hear the Socialism pleat from the healthcare fo…
Howdy folks,
Careful with the bailout darlings. They're skyrocketing but look at these industries in the post plague world. This is why no serious person would loan them a dime.
Leisure and travel will be depressed for decades. The boomers et…
Howdy folks,
In response to newgirl, I have already taken a tax loss in my taxable account and will use the $ to shop when things go on sale. Pick something you don't see yourself wanting to own after the plague and bank the tax loss. Cripes, y…
Howdy folks,
Be very careful with this market. Again, watch to see what works and what doesn't. Peter Lynch school of investing 101. Be patient.
We'll get thru this and Trump but it might take a while and it's probably going to be very rou…
A friend (former priest) asked what the law would say if a senior citizen shot or retaliated against a youngster for deliberately coughing on them as has been reported is happening to some folks in Germany. He was wondering if a judge would interpr…
Howdy folks,
Sort of an interesting way things are developing. Calls from the Trump foamers for Grannie to give herself up to save the economy. Calls from Trump to plan on churches everywhere filled on Easter.
I hope and pray all the Trump fo…
Howdy folks,
Geez, he's so easy to troll. The media needs to keep stepping up and asking him questions he can't answer. Bait that SOB. He'll continue to lose it on national TV and keep revealing himself for what he is.
And that should be Biden'…
Howdy Mark,
Nice article. Glad the President has us all going back to work in 13 days. We won't have to see the 500,000 dead Americans.
Flatten the Curve
and take care,
"keep your asses low and your flak jackets close"
rono
Howdy folks,
Look around you and see what's working. Don't fall for the head feint to the airlines, hotels, casinos, tourism, Trump Resorts, etc. Sounds like they might get their bailout but they can't get 'demand' from the gov't. Demand for the…
Howdy folks,
Great move. Hyperliquidity will keep businesses afloat and enable them to take care of their employees. Let the corporations borrow on the open market . . . those that can. Please note that some that can't are airlines, casinos, …
That's why he wants to bail out the hotels and casinos and airlines. He's looking for an exit from the resort business. Bailout my ass.
Hopefully, everyone in Washington will come down with the TrumpVirus and we can let God sort them out.
take c…
Howdy folks,
We'll get through this and we'll be stronger. My mother used to say, 'if it doesn't kill you, it'll make your stronger' and she worked at Oak Ridge during WWII.
I'm extremely pessimistic about our gov't in Washington. Sorry, but t…
Howdy folks,
The best suggestion was by a former Fed Gov that they should overly liquidize the system so that everyone could borrow available funds as needed. He thought bailing out individual industries was a terrible idea - where's it going to s…
Howdy folks,
You start buying just after you projectile vomit all over your screen.
Start window shopping now for the post virus world. Don't try to play the froth. Go after those that are winning in this nastiness.
Just my plan,
Rono
Howdy folks,
We'll get through this but plan on it getting ugly.
The service sector and hospitality and tourism will survive. They will be different. Less of a sit down restaurant and more takeout and delivered. Entertainment will be virtua…
Howdy folks,
Please realize that nothing will ever be paid back. Not one dime. What's worse is that it will not help nor save these industries. The airline, cruise lines, hotels, casinos and anything that smells like travel or tourism are dead.…
Howdy,
Come on people, you know that 90% of all politicians are corrupt before they are elected and 90% that aren't become so in their first term. That leaves 1% that are worth a shit.'
I hope and pray they ALL come down with the virus and let Go…
