Okay Mr. Tabs where do you put your money?
No amounts or names just the kinds of investments you prefer...

Spoons, real spoons, shoes, rugs, art....just to name a few.

I have a Dogs Playing Poker, and a Black Velvet Elvis...but Tabs knows stuff...

...and Draggin' Ass Jeans :)!!!

Equities....u do not stand in front of a freight train you get on board.

I have often said the best thing that you can do is have a plot of land where you can grow fruits, vegetables and perhaps some chickens...in an effort to be self sustaining.

During the Depression and during the War a lot of people had vegetable sic "Victory" gardens.

You have to play the game like it will never end....while keeping an eye on circumstances to diffuse risk.

I do not know when the music will be over??????

After the FED gets to 7T USD on their books is when it gets dicey (based upon Bullards comments). With deficits going to 1T a year in the 20's and debt being cumulative...I have in my mind 2022 plus or minus?????

we shall see??????

It could come...

1. Quickly, as in over night....in a financial collapse.

2. Slowly as a frog in boiling water gets cooked..which is what is happening now.

3. In the form of a miscalculation that leads to war.


There is no magic bullet to be safe and avoid risk...EVERYONE including Buffet and Gates is going to be poor. Gold and Silver, who is going to protect it for them? Who is going to protect them from their protectors? Why would their protectors need them...Caligula, Charles !st, Louis 17th and Czar Nicholas found that out.

Shhh don't tell everyone about those Draggin azz jeans...it will create a Draggin azz jean stampead...

Money "gurus" are saying Apple up by 20+ points tomorrow (Wed).

Art only goes up!

http://forums.pelicanparts.com/uploa...1501632331.jpg

http://forums.pelicanparts.com/uploa...1501632331.jpg

http://forums.pelicanparts.com/uploa...1501632331.jpg

That would be NICE!:)

Buy the rumor sell the fact.

You should shop a better art dealers Sammy....
While Clint would get some attention down at the flea market, no self respecting Southerner would hang the latter two over their mantle imo. Replace Elvis and Poker Dawgs with that Hollywierd crap....you gotta be kidding me!

I still have a chunk of the big red delicious, but my equity holdings are dividend streams....if you can ride out a 5-7 year drop without selling, then it makes sense to never "get out" of equities that do that imo.

Bond FUNDS....are scary imo...with the future of raising rates...individual corporate bonds, etc. are where I look.

Question Tabby...doesn't the Fed have about 4.5T on their balance sheet, and already talking about winding it down gradually? They turned off the juice some time back, so I don't where the 7T figure comes from?

I really don't keep up with this stuff anymore...so I might be clueless :)

The FED does have 4.5T on the books. It is thinking of winding down the position. Like they keep wanting to raise interest rates....something always comes along that stops them. Some one on this Board pointed out that when the Chinese were dumping US Treasuries in a geopolitical move that it was a 3rd party acting for the FED that was buying them to stabilize the market. So we don't exactly know what is going on behind the curtain?

President of the St Louis James Bullard said a few years back (during QE3) that the FED was good for 7T on the books without a problem.

Since I figured he just didn't pull that number out of his azz. I figured if the FED went beyond 7T it would get dicey.

I am just repeating the same old story, BUT NOT A FKING THING HAS CHANGED. Except for the USA is NOW CLOSING IN ON 20T IN DEBT. The CBO projections show that the US is going to over 4% of GDP in deficit spending per year by 2025. That means over a Trillion USD a year in NEW DEBT. That means at the very least 25T in debt by 2025.

Nobody talks about the debt anymore, except when the politicians mumble a few words under their breath in passing. The junior Senator from AZ Flake (R) was on Charlie Rose this week where he mentioned the debt and Simpson Bolles, Charlie practically had to be reminded of who they were. The total conversation was about 3 sentences each...Ryan has stopped talking about it, his last comment was it is a matter of when and not if we are going to have a debt crisis.

I want to see you Boyz laugh that one off. I think that will put a crimp in all of your retirement plans as well as lifestyles. It is just a matter of when and not if ALL of that debt gets regurgitated up. Then I want to see you talk about the Equity markets....and how well set you all are. The complacency is stunning...

No it does not...genres and artists get hot and then cold and maybe hot again. Same with a lot of collectible stuff.

There is one thing that is for certain, that the paintings you posted pictures of will always remain at the same value...worthless.

I have my winners and losers...s don't feel too badly that your paintings are not going to do well...just enjoy them...If you like them that is all that matters.

I don't think the above items you suggest would be enough to keep the boyz on this board happy. I did see somebody posting needed info on raising chickens. Perhaps he knows what is going to happen!

That is an unsophisticated solution. I would suggest some diversification into some different countries though. I expect cutbacks in the US in terms of benefits. Health care is just the start.:eek:

I didn't get too specific now did I?

There is a reason why US interest rates have remained low and the USD strong in spite of the increasing debt and shakiness of the US economy. That reason is the foreign money that has been pouring into the USA because things back home ain't swell and it is safer in the USA than back home. There is that...

I used to email CNBC in real time in the mornings....where guys like the CEO of PIMCO Mohamed A. El-Erian repeated what I said in my email. There was a lot of that going on at CNBC.

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http://forums.pelicanparts.com/uploa...1501726351.jpg

I'm guessing when the house of cards starts falling again there will be some major international butting of heads, blustering and bluffing, and new friendships made and old broken. There will be a major world-wide reconciling of mutual debts so all the countries can wash it off their boards and start clean for the benefit of their electorates. Rainbows will appear and unicorns will dance and everyone will be happy again.

Many of our current allies have dual roles and they love us only as long as we are top dog of the pile, their sugar daddy, and someone to steal it all from. Once that is out, so is our friendship. (cough middle east which we've invested so much into).

China is keeping their population growth low and thus their domestic energy and food demands. Meanwhile Europe and the USA are busy absorbing people from 3rd world countries. Some poor human capitol imports keep wages low and makes us competitive in manufacturing and some are just an extra mass of open mouth parasites to feed.

My 401K is up 20.78% for the year. I just re-balanced into longer term, lower-risk stuff. Future contributions will continue to go into the funds I had prior to re-balancing. Seems like the best of both worlds, but we'll see.

Their happiness has no bearing on reality. The world that they know is going to be gone. A 20% return ytd and a re-balancing of a portfolio...is oblivious to the realities staring him in the face. He doesn't get it that he is going to be wiped clean. It happens.... He and everyone should realize that there is something wrong with the picture you are seeing..something smells in the USA, Because....

With the year over year growth rate that the US has experienced since 08 and with the massive increase in debt..The SP 500 should NOT HAVE GONE FROM 1390 in Sept 2012 to 2477 on 8/2/17 by any measure of rationality. Something is wrong here, something has skewed the system for it to perform as well as it has had since 2012. I have laid it out numerous times what that skewing is.

Further interest rates being a 2.2% on a 10 year Treasury is also not rational given the massive increase in debt load that the US is carrying. Again something is skewing the system for it to be performing as it is. I have laid that out as well.

Sooner or later gravity will prevail and reality will come flooding back in and the system will right itself with a return to rationality and reality. Only thing is no body is going to like it at all. You can only delay the inevitable for so long through manipulation.

So you boyz better start figuring out how to pluck those chickens cause they is gona be your dinner.

Yesterday Art Laffer proclaimed this market to go even higher - a bull market on the horizon.
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https://news.ava360.com/the-us-is-at-beginning-of-economic-boom-laffer_c91536601.html
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http://video.foxbusiness.com/v/5030592132001/?#sp=show-clips
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https://www.forbes.com/sites/katinastefanova/2017/01/01/markets-in-2017-reagan-style-republicanism-meets-neo-populism/#1b7917c74401

Now I am starting to worry.

I guess my parents life experience of having gone through the tough times of the Depression has stuck with me for all of these years. They impressed upon me that it was all swell one day with new millionaires being minted daily. Then the next day October 24, 1929 the world changed on a dime. People jumped out of windows, millionaire swells were selling Apples on the corner. The nation NEVER really recovered from that trauma, it was a devastating world war that pulled the US out of the dumpers.

Nobody escaped the effects of the Depression even the rich pulled in their horns and venerable luxury brand cars like Duesenburg and Pierce Arrow went BK. Cadillac introduced the V16 in 1930 and in that year before the Depression took hold they produced 3250 cars, in 1937 they produced less than 50. Houses that cost 12,000 in 1929 sold for 3000 the next year.

Things were so dire in 1932 that the nation came close to having a Communist revolution. Mac Arthur on 7/28/32 dispersed Hooverville against President Hoovers orders to use force to breakup the Bonus Marchers (compromised of WW1 veterans seeking their service indemnity) encampment in DC. Two veterans died in the breakup of the camp. It was only with the election of a Democrat FDR in 32 and his appreciation of the situation that averted further civil unrest. In 1933 another Bonus march was thwarted by giving the marchers jobs. On March 4, 1933 to stem a run on the Banks FDR closed ALL the banks in the US which allowed the Federal Reserve to infuse liquidity into the banks so that they could remain solvent (sound familiar, that is what Bernanke and Paulson did in 2008).

While the MSM likes to tout a recovery from the 2008 debacle citing low unemployment numbers and a strong Equity market it is all bought with the continued infusion of liquidity into the system via a larger than life Federal deficit and or QE programs which include low interest rates which yield a negative returns. The economy on it's own rumble along as people must live and life goes on. But figuring in population growth there has been no real growth in the economy. Demand is anemic, increasing at the rate of population growth and the velocity of money is nil. The simple fact of life is that the world is carrying 217T USD in debt which is 325% of GDP. Further the appetite for debt creation has not slackened so is it any wonder why economies are sluggish. At the end of the day what should be realized is that peoples lifestyles are being bought on the creation of evermore national/societal debt. You are spending your future well being today, and sooner or later there ALWAYS has been a reckoning.

I can't wait until this DOESNT happen. Have you been watching too much walking dead??

You gotta chill out. Go get some fresh air. Talk to real people. Set the keyboard down Newman.