Recent content by Wimpy

  1. Wimpy

    Is the 'Iran War' Thread MIA?

    That would be unfortunate. Any war in the Middle East is going to have a significant impact on our investments, to include the TSP. I can understand locking a thread if a food fight breaks out and gets out of hand, but I believe the thread should be allowed to remain in the archive for all...
  2. Wimpy

    Gold, Silver, etc...

    Now looks like an excellent opportunity to pick up gold and silver on the cheap before it heads on up. You might consider using a TSP loan to borrow up to 10% of your TSP holdings and buying gold as an insurance hedge. Yeah, it takes a few weeks to get the loan money, but a person could use...
  3. Wimpy

    Playing the I fund

    How did I ever forget to add that one to the list? It is indeed the most important point of them all. Thanks! :)
  4. Wimpy

    Playing the I fund

    If Saudi Arabia is the last dollar stronghold we are pinning our hopes on, we might as well throw in the dollar towel right now. Let’s take a look at these purported dollar underpinnings and see if they are up to the task. In the area of external loyalty, who led the 1973 oil embargo...
  5. Wimpy

    Playing the I fund

    I read the article very closely and while he offers some general information that gives food for thought, his conclusions are lacking substance. I was also more than a little disappointed the Daily Reckoning saw fit to send it out via email the other day. One of the biggest assumptions in his...
  6. Wimpy

    So, how bad could our TSP Accounts be hurt by who Bush picks to replace Greenspan?

    Re: So, how bad could our TSP Accounts be hurt by who Bush picks to replace Greenspan? There will be an attempt to paper over the losses, but this ultimately creates distrust of ALL paper and stampedes money into gold and other tangibles. Central banksters hate gold and can't stand to see the...
  7. Wimpy

    So, how bad could our TSP Accounts be hurt by who Bush picks to replace Greenspan?

    Re: So, how bad could our TSP Accounts be hurt by who Bush picks to replace Greenspan? The assumption, at least the way I'm reading Mauldin, is the central banks are in charge. I think the central banks are scared. Something has scared them real bad. The hedge fund crisis is now estimated...
  8. Wimpy

    How much should one save?

    Retiree benefits grow into 'monster' Posted 5/24/2006 11:21 PM ET By Dennis Cauchon, USA TODAY Taxpayers owe more than a half-million dollars per household for financial promises made by government, mostly to cover the cost of retirement benefits for baby boomers, a USA TODAY analysis shows...
  9. Wimpy

    How much should one save?

    How much should one save? Much more!!! http://www.npr.org/search.php?text=Underfunded+Federal+Pensions Click on the Underfunded Federal Pension link for the audio... ---------
  10. Wimpy

    So, how bad could our TSP Accounts be hurt by who Bush picks to replace Greenspan?

    Re: So, how bad could our TSP Accounts be hurt by who Doofus picks to replace Greenspan? I agree, but I'm not sure if this pseudo intellectual even knows what he is holding yet...reminds me of the short person joke...they are the last to know when it is raining...and the first to know when it...
  11. Wimpy

    Gold, Silver, etc...

    In addition to #2, on the list, a good dog would also be beneficial, but when both are barking excessively, it is probably time to consider a new locale.
  12. Wimpy

    Oil Slick Stuff

  13. Wimpy

    Playing the I fund

    The dollar's purchasing power is not limited to travel. Every time a person purchases a product made outside the U.S. they are taking a virtual trip outside the U.S. that has a noticeable impact on their budgets and Wal-Mart's anticipated earnings. The decline of the dollar increases the cost...
  14. Wimpy

    Playing the I fund

    The currency component aspects of the I-Fund are certainly compelling. The dollar is in a long-term bear trend and has much farther to fall to balance the triple deficits as there is currently no other mechanism to achieve this balancing of the 'books'. We no longer produce anything of...
  15. Wimpy

    Oil Slick Stuff

    If you are talking about the nut case picking a fight with a Iran, you are correct. He is rapidly losing support and the country he represents is a Paper Tiger. See article below... May 11, 2006, 9:12 pm Bush Dips Into the 20s President Bush’s job-approval rating has fallen to its lowest...
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