Mad Money Machine

BUY MY BOOK! A quick update of the Permanent Portfolio performance for 2012. Article by Brion McLanahan entitled “A Limiting Document?“ 16 Votes = No U.S.A.? Some key quotes from my book. For more information about The Original Counter-Argument, go to PlanetBoyer.com I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at FaceBook.com/MadMoneyMachine voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

I announce the publication date of my upcoming book: The Original Counter-Argument: The Founders’ Case Against the Constitution, Adapted for the 21st Century. I read the Preface I read the Background chapter. For more information about The Original Counter-Argument, go to PlanetBoyer.com I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at FaceBook.com/MadMoneyMachine voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

We announce the Winner of the Lazy Portfolio Smackdown for 2011 Simba’s spreadsheet shows how lazy portfolios performed against each other. Park City UT has enough snow for me. TOOL: Podcaster app for iPhone GURU: Ron Paul’s risky investing strategy. Here is the WSJ article. Here are his holdings (account required) Can gains still be had in long term bonds? September 17, 2012 will be the 225th anniversary of the signing of the US Constitution by 39 delegates who stayed around at the Federal Convention in Philadelphia. George Mason, Edmund Randolph, and Elbridge Gerry did not sign. I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at FaceBook.com/MadMoneyMachine voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

Something different for this episode! Imagine that a group of respected people from various Countries got together recently at some National Summit meeting (let’s say, in Philadelphia) for the explicit purpose of modifying their previous UN treaties and agreements with each other. At the outset of the Summit, it was declared that no one was allowed to talk about the Summit outside the meeting. They met for four months, in a closed Summit hall, in complete secrecy. But instead of doing what they said they were going to do and modify previous agreements, they cleverly decided to create a completely new Treaty of the United Countries, seeking to establish a single world government comprised of legislatures, judges, and even a president of the world. The people who met at the Summit decided that in order for this new United Countries Treaty to come into being, that 9/13ths of the Countries would need to sign it. But instead of requiring signatures from the various legislatures, it just asked for signatures from special Country Summits.  At the end of the Philadelphia Summit, even though not everyone at the Summit agreed on the wording or ideas in the Treaty, they stated that the attendees “having written the Treaty decided unanimously to send it to the Countries for approval.” Heh heh, get it? They decided unanimously to send it. Clever. Thinking this would confuse ratifiers into believing the Treaty was unanimously agreed to. The wording of their new Treaty began with the phrase, “We the people of the Unified Countries…” But shouldn’t it have read, “We the countries of the Unified Countries?” The people in favor of the new Treaty decided to take the name “Nationalists” for themselves and for everyone who agreed with this new world government, even though “Globalists” might have been a more accurate name. They called anyone that disagreed with them “Anti-Nationalists.” (Clever!) After their Summit, three of the key authors of the Treaty wrote Op-Eds in the New York Times under pseudonyms so that no one knew they were the Treaty’s authors. Clever! Their goal was to convince the Countries to agree to the Treaty. The 85 articles they wrote came to be called, “The Nationalist” or “The Nationalist Papers.” In them they said that this new “National Government” was needed to combat a common threat. They didn’t specify the threat exactly, but perhaps it was a global environmental threat or astroid collision or lone-wolf terrorists or threat of alien invasion.  Whatever it was, this threat was a CRISIS! The Countries must act immediately to ratify the Treaty. Some even begged that time need not be taken to debate the Treaty in detail, just agree to it and trust the respected people of the Summit that it is the right thing to do for the Countries. Some of the articles in the Treaty stated that they would need to impose taxes to fund a defense against the threat. A militant force would be assembled to fight the threat. Land for a headquarters of 10 square miles would have to be established. There was a clause that said that the new National Government could enact laws that were “necessary and proper” for executing their powers. Another one said that the new Congress would have the power to “promote the general welfare” of the United Countries. Some things not explicitly stated in the Treaty would happen anyway: People would be employed to collect the taxes.  A World police would come about to enforce the collection of taxes. After some time, agencies would eventually rise such as the National Bureau of Investigation (NBI), World Security Agency (WSA),  The World Guard, External Revenue Service (ERS), World Reconnaissance Office (WRO), National Emergency Management Association (NEMA), Department of World Education, Department of World Energy, et cetera… Eventually, this new Nat[...]

Summer: Broke 80 three times, 9.3 handicap, won some tournaments. Lazy Portfolio results since 12/31/2009: Harry Browne PP up 30% Paul Boyer PP up 29% PRPFX up 28% next highest was David Swenson Yale up 15% lowest was Vanguard Windsor up 1.6% Rick Ferri Core Four up 10.7% If you are investing new money right now, isn’t now a bad time to put money into gold, stocks, or long bonds? GURU: Bond King Bill Gross sold his US Treasuries last March Mancation at Myrtle Beach Trading Currencies: find a government of lower debt! Is Gold In A Bubble? Need gold? Try eBay Bullion Center: http://goldandsilver.ebay.com/ TOOL: http://www.goldcoinbalance.com/ Ron Paul: Excellent performance in SC debates. Is Mitt Romney trying to become Ron Paul? Ron Paul’s investments. Ron Paul will run as the Libertarian candidate, with son Rand as his VP. Is it worth my time to write an iPhone app that will make me $100? How about the Obama Countdown Clock app? Recommended: Go see Wicked! But listen to the album first! Spotify or Rdio? How about Grooveshark? How to get Adjusted Historical Stock quotes into a spreadsheet on my Mac? I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at FaceBook.com/MadMoneyMachine voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

The big 5-0. Golf and Arnold Palmer Zeros The Arnold Palmer Invitational The Cars have a new album coming out My new iPad 2 GURU: Richard Russell, after 50+ years, now recommends the Permanent Portfolio: http://www.marketwatch.com/story/investing-without-making-any-forecasts-2011-02-11?reflink=MW_news_stmp http://www.technologyinvestor.com/?p=5790 PRPFX expense at 0.82%. But you can get your own as low as 0.02% TOOL: Sony Blu-Ray player plays videos from your VUZE server. Vuze.com Bonus tool: Simba’s spreadsheet is updated for 2011 at Bogleheads.org. search for it Our hail storm and our new roof What investments would I recommend right now? Paleo Nutrition, Primal Blueprint for nutrition and fitness. MarksDailyApple.com is the best. Should investors FEAR the Permanent Portfolio? NO! I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at FaceBook.com/MadMoneyMachine voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

Pre-1965 silver coins are worth 23x their face value. 2010 Results of the Lazy Portfolios TOOL: CarbonFin outliner Traffic Court The Department of Free I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at Facebook voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

Maybe Californians thought they were voting for HARRY Browne? My first “Fan” takes 20 seconds of my fame. Ding Dong the Wicked Witch is Dead It will be VERY INTERESTING if Ron Paul is made Chairman of the Monetary Policy Subcommittee Guru Roulette: James Wesley Rawles Listen to the Crawling Road Money Show podcast Kristina Train – Don’t Remember from Spilt Milk I am still 35% in cash. Where is that big pullback? BTW: PCU is now SCCO TOOL: ETFReplay.com allows you to backtest your ETF portfolio, including dividends reinvested. Max Drawdown is a more user-friendly measurement of risk. Sharpe ratio, Sortino ratio, Calmar ratio Better Than Ezra’s Good First song by a major artist about fiat currency? Elvis Costello’s National Ransom (lyrics) I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at Facebook voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

I recount the great time I had at Bogleheads 9 Reunion in Philly and find out why the Bogleheads laugh at gold. I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Topics in this week’s show include: Sign up to be a Boglehead at Bogleheads.org I recount my experience at the conference, talk about Jack Bogle’s appearance and his new book, our visit to Vanguard, and the panel discussions. I ask, “Why do you all laugh at gold?” Here is Bill Bernstein’s article “Wild About Harry“ Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at Facebook voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

VERTIGO! Listen to Shrugging Out podcast. OLD: D vs. R. New: P vs L. Inflation or deflation? A cool tool. A cool Guru. I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Topics in this week’s show include: Vertigo. Poem by Leysa Lowery Vertigo: Feeling you are about to fall Vestibular Neuronitis Things I consume: Shrugging Out podcast is one worth checking out. Pete really has a rational head. No-nonsense discussion of what is happening. Some real gems of shows in his podcast catalog. Also, No Agenda, Glenn Beck, Lew Rockwell, Freetalk Live, Alex Jones, Freedom Watch, Stossel. Democrats vs. Republicans is no longer the divide. Today it is Big Government vs. Libertarian ideas. Permanent Portfolio review. We can’t predict the future, so invest in all possibilities. Inflation or Deflation? See Mish. See Jason Zweig’s article about the Permanent Portfolio in the WSJ. Note that the expense ratio of PFPFX is 0.75%. William Bernstein wrote about the Harry Browne Permanent Portfolio Nassim Taleb said not to buy bonds. In fact, SHORT THEM! How’d that work out for ya? (HINT: badly) Tool: SmartMoney real-time portfolio tracker Guru: Henry David Thoreau author of Civil Disobedience Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at Facebook voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

How have lazy portfolios performed so far in 2010? How do you get started investing in the Permanent Portfolio? I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Topics in this week’s show include: Review the performance of Lazy Portfolios Why does risk matter? Which account holds which asset? How to buy bonds? Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at Facebook voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey

I present Harry Browne’s 16 Golden Rules of Financial Safety and talk about his Permanent Portfolio. I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now Topics in this week’s show include: Radiohead – No Surprises Read Harry Browne’s 16 Golden Rules of Financial Safety. Link to the link to Harry Browne’s radio show where he discussed the 16 rules. The book Fail-Safe Investing: Lifelong Financial Security in 30 Minutes by Harry Browne Join the Permanent Portfolio Forum GLD, PHYS, TLT, SHY, VBR, VWO Tears for Fears – Sowing the Seeds of Love The Fixx – Two Different Views Got Feedback? Try any one of these methods: email: feedback AT MadMoneyMachine DOT com Hook up with Mad Money Machine at Facebook voicemail: 571-366-7121 Twitter me at Twitter.com/MadMoneyMachine Take the MMM Survey