November 05, 2010

Week One results for the wealth preservation fund

Plus a new Ben Bernanke betting game!

Before we go any further, however, I haven't made a disclaimer in a while:

I am not a qualified investment advisor.  I'm a moron posting stupid shit on the internet.  Anyone who takes my thoughts and predictions seriously enough to use them to trade or invest is an even bigger moron than I am, and should be shot on the general principle of improving the human gene pool.

Here are the results for Week One (really only half a week, but this starts regular Friday results posting):

 

Asset Start Current Change
Gold 1348.59 1397.75 3.27%
Silver 24.80 26.70 7.66%
DBC 25.69 26.41 2.80%
Dow 11215.13 11444.08 2.04%
Nasdaq 2540.27 2578.98 1.52%
S&P 500 1197.96 1225.85 2.33%
Wealth Fund $12,000 $12,496 4.14%
Investment Fund $12,000 $12,236 1.96%

The Wealth Preservation Fund is off to an early, and statistically significant, lead over the Investment Fund.  That being said, the horses have just left the gates, and it's a very long race.  I expect this trend to continue in the long term, as the Fed can prop up the stock market by printing money, but only at the expense of even higher inflation.  Still, this is a very volatile situation, and any given week could see large swings in any direction.

On to the Ben Bernanke betting game.  This will be where we can bet on the fate of Ben Bernanke as of the end of next year (Dec 31, 2011).  Here are the odds:

  • Strangled by Ron Paul -- 1000 to 1
  • Hung for treason -- 100 to 1
  • Commits suicide -- 75 to 1
  • Killed by bankrupt lunatic -- 50 to 1
  • Fled the country -- 25 to 1
  • Under indictment (or already jailed) -- 10 to 1
  • Forced out of Fed but free -- 2 to 1
  • Still selling America down the river -- Even money

If my spreadsheet is correct, that adds up to 100.64% -- close enough.  Feeling cynical?  Even money looks pretty good on him still going about his merry business of ruining America.  Feeling lucky?  Lots of good options at the top of the list.  I'm going with the 10 to 1 shot that he's in an orange jumpsuit by the end of next year.

Fund results and Bernanke odds to be updated next Friday.

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