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The Permanent Portfolio…Revised

April 26, 2012 By Leave a Comment

Tim writes:

My choice of investments: SPDR Gold Shares ETF (GLD), SPDR Dow Jones Industrial Average ETF (DIA), Vanguard REIT ETF (VNQ), US Aerospace and Defense ETF (ITA), and DJ-UBS Commodity ETN (DJP).

JP Writes:

Equal allocations to the Nasdaq 100 Index ETF (QQQ), MSCI Emerging Market ETF (EEM), DJ Real Estate ETF (IYR), Barclay’s 20+ Year Treasury Bond ETF (TLT), and SPDR Gold Shares ETF (GLD).

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Warren Buffett: Hypocrite Extraordinaire

April 3, 2012 By Leave a Comment

Life isn’t fair. Some extremely smart people never make much money. Similarly, some rather stupid people seem to fall into it and make fortunes. Go figure. Then, there is Warren Buffett.

Warren is fond of playing the role of the “folksy” type who still lives in his modest house in nowhere Omaha and owns an old car he’s had for years. Just plain folk, he’d have you believe. Well, DON’T believe it! This is the same Buffett who constantly travels by private jet; is chauffeured by limousines wherever he goes; regularly stays at 5-star hotels; invests in deals not available to any other investors. Yet, he’d have you believe he’s just like you. Sure!

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Best Places in the World to Retire, Part II

January 27, 2012 By Leave a Comment

In the States today, most Americans are on the verge of retiring are much more likely to talk about their fears than their dreams. The cost of everything from healthcare to food is rising, while incomes, pensions and nest eggs are shrinking… or at least not growing nearly as much as expected — leaving baby boomers with fewer and fewer options for retirement at home.

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Best Places in the World to Retire

January 26, 2012 By Leave a Comment

If you had $20,000 a month to retire on — you could live lavishly pretty much anywhere on the planet. But we’re interested in the places where you can live that lifestyle on one-tenth the budget…

Places where you can have a maid clean for you…hire a gardener… wake up to a view…have great health care, eat well, enjoy the finer things in life — for less than $2,000 a month. You may be surprised how many there are…

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A Message from the People at ThePirateBay.org

January 21, 2012 By Leave a Comment

INTERNETS, 18th of January 2012.
PRESS RELEASE, FOR IMMEDIATE RELEASE.

Over a century ago Thomas Edison got the patent for a device which would “do for the eye what the phonograph does for the ear”. He called it the Kinetoscope. He was not only amongst the first to record video, he was also the first person to own the copyright to a motion picture.

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Gold and Money in Extremis… One Man’s Story

December 15, 2011 By Leave a Comment

The fascinating story of Marion Szablicki, as reported in Marc Faber’s Gloom, Boom and Doom Report

My economics education was started as a child by my grandfather, Marion Szablicki, who was a living testimonial to the value of gold. Notably, toward the end of his life at 99 years of age in 2010, he felt there was simply too much debt, and that a long downward spiral was underway with difficult times ahead. He had lived through times of “extremis” and his account of fiat money, war, gold and survival should serve as a reminder to all people that those who choose to ignore history’s lessons do so at their own risk.

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The American Dream, Re-revisited

June 23, 2010 By Leave a Comment

Dear DR…

I have been reading your publication for a while now and generally agree with your conclusions about the financial condition of our country. This is my home. It is where my job, family, and friends are here to support me. Someday I will have grandchildren. I don't want to give up on, or leave our country. After the health care bill passed I decided to see what I could do to help get us back to freedom and fiscal responsibility. I have always been a libertarian at heart, but not politically active. I have no interest in telling anyone what to do. I live my quiet life until government gets too involved in mine. I don't have any horror stories, but I see a storm on the horizon for everyone.

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The American Dream, Revisited

June 22, 2010 By Leave a Comment

I have a cousin and two very personal friends who decided to leave America permanently to reside in France. They sold everything they owned and moved to France with just one suitcase.

Within two years, all three returned to America. Summing it up, they said, “You just don't have any idea what it is like to live in another country until you actually do it. If you think politics are bad in the US, you should try living somewhere else. You just can't believe the nonsense that goes on in France regarding jobs, politics, and social programs.?

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Getting Outta Dodge

June 21, 2010 By Leave a Comment

Edited by Eric Fry and Joel Bowman

Were I without family ties, I might consider expatriating to one of the quiet, out-of-the-way towns in Central- or South America that I drove my VW bus through in 1977-1978. Spending a year and a half living life at a slower pace and speaking in a second language was world view-opening for this California born American. Through it all, I met many wonderful, amazingly generous people. Unfortunately, I also saw a lot of grinding poverty and misery. I finally lost count of how many times I stared into the barrel of a loaded submachine gun held by an edgy 19 year-old soldier at some border crossing or roadblock.

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