Saturday, January 25, 2014

Watching the "MainePrepper"

There is a vlog on YouTube that I subscribe to called "The MainePrepper". I recommend it to anyone, He's been talking about the coming currency collapse, lately.
I like what he says about Wall Street. He calls them crooks and manipulators. That has been my experience as well.
I think I've lost about 100% of everything I've invested there. I'm always trying to prove that I'm smarter than the average person and I just make a fool of myself by investing in risky things. Even bonds have proved to be risky for me.
Part of the problem is that some book or something on the Internet convinces me that we are facing economic collapse and I have to get on the rich side of the economic divide very soon or it will be too late.
A major part of my problem is the delusions of grandeur that I have concerning Hollywood starlets and me being a major player in world affairs. That is all part of my being schizophrenic. I don't have these episodes very often but they mess up my life like crazy.
I'm driven to make a lot of money because I want to prove myself worthy of the women that I believed I had sex with. At the same time I'm convinced that there is a limited amount of time to climb into the ruling class.
I've spun my wheels my whole life. Every time I try to make money I end up in deeper debt than I was before.
The survivalist movement is turning out to be similar to Wall Street for me. I don't feel that a poor person has any hope of actually preparing for the economic collapse. We just don't have the money for it. I've got some gold and silver but I don't have the room or money to store things like food and water and ammunition.
While I'm on that topic I would like to say that spending on guns and ammo is probably a waste of money for a prepper. I doubt that we'll get to a total breakdown of society any time soon. The money may be worthless but we'll probably have water and food and police and such for quite a while.
It looks like we're in for a gradual decline in our living conditions. This month the price and availability of propane has been impacted. Some states are rationing propane and the cost has doubled recently. The stock market went down and I'm expecting it to go down again. I had trouble buying gold, last week.
I'm thinking that instead of a sudden total collapse what we'll see is a gradual bit-by-bit collapse. It's kind of like putting a frog into a pot of water and gradually raising the temperature until he boils. If you put a frog into hot water he will jump out immediately; whereas if you raise the temperature gradually he will eventually cook.
On that note I'll sign off.

Friday, January 24, 2014

Bitcoin Heading Down

Bitcoin went down last night. I was in fiat which means that I didn't own any cryptocurrency. If I had been trading at 1:00 AM I could have made about $20 to $30. But I have to sleep sometime. For the last month or two the coins have been heading down,
I bought gold and silver with my monthly investment money. Precious metals seem to be heading up. Gold went up by $25, yesterday. I think the bottom is in.
In fact, a couple of days ago I bought gold on EBay and the purchase vanished. My credit union account didn't show it and it vanished on EBay. It had me thinking that someone had run out of gold and somehow canceled the sale. Maybe that did happen but I can't prove it. It seems that if they had canceled the sale that would show up somewhere.
Oh well, The gold and silver purchases I made yesterday apparently went through.
I'm getting away from the prepper thinking. I swear that those people are afraid of their shadows. I can't afford all of this preparing anyway. I think I'll sell the Mosin. I doubt that I'll ever need a high power rifle anyhow. I'll keep the shotgun and .22 for hunting. I still have enough prepper in me to think it's a good idea to be able to hunt for food. There are some public hunting areas here.
I would like to have some cash on hand but I keep buying gold and silver instead of storing cash.
Talking about prepping, G4T on YouTube has changed his thinking lately. Yesterday he said that he was talking to physiologist. He's being diagnosed as bi-polar. I think he is and he hangs out with extremely negative people too much. That and the prepper community on Youtube could explain a lot of his troubles.
The guy who goes by the name "Modern Survivalist" on YouTube had a good vlog about this topic, yesterday. He compared his thinking to that of other "preppers". To me, he seems a lot more practical. He is from Argentina where they have been through several currency collapses. I think he has a better handle on what is likely to happen.
On a related topic, apparently we are running out of propane. At least the prices have doubled in the last month or two. In some states they are rationing supplies. To me, it looks like it is going somewhere that the price is higher than the U.S. Maybe it's going Europe or China. The prices there are 4 times what it goes for here. It probably has something to do with the economic collapse.

Sunday, January 19, 2014

I'm Done With Junk Drawers

For the past 6 or 9 months I've been buying what is called junk drawers on EBay. I always get cheated. One of the last ones had a small coin that had Queen Elizabeth's portrait on it. It was gold color so I thought that it was a 1/10 ounce Canadian Maple Leaf. That would be gold and worth $150. Instead it was a Hong Kong nickle ; worth 5 cents in Hong Kong.
I'm always fooling  myself. I have to just admit to myself that other people aren't going to make a mistake and let me have anythings that is worth more than it might appear. I've spent hundreds and although I might have some nice coins; I'm stuck with stamps and baseball cards that are worthless. It's just a waste of time and money to bother with.
The last junk drawer came in a plastic envelope that the Canadian Post Office put on. It had been broken into and a vial with gold flakes had been stolen. I have to run by the Post Office tomorrow and see if I have any recourse. I think I just wasted $76.
Tomorrow I get paid and I think I'll put another $200 into Lite Coin. I still feel that I'm on the leading edge of cryptocurrency. I feel that by next year I'll be ahead by about $20,000. Only time will tell. I can always buy gold with it. I'm not losing yet but it is going down. After January 31st the Chinese won't be able to transfer their money into it so that is affecting the market, now. I expect a big rise after January 31st. We'll see.
I'm thinking about doing something for the preppers in the audience.
I'm thinking about making a bug out bag for truely poor people. Instead of starting with a $100 tactical backpack I would start with a bag from the grocery store costing $1.00. I would have a knife that I bought from Wal-Mart for under $5.00. Maybe I would use something from the junk drawers. I would include a lighter from Wal-Mart as well. Then I would use the vasoline and cotton ball trick for tinder. I would show myself getting canned tuna from the food pantry for stored food. I don't know what I'll do about water. The bottled stuff is just too expensive, and containers aren't cheap either.
I got a nice camera in one of the junk drawers last week. If I can figure out how to get the pictures off of the memory card and into a computer I'll use it. It just needed good batteries. I downloaded the operating instructions and it seems to work. Maybe the junk drawers weren't a complete loss.

Saturday, January 18, 2014

Snowy Day Trading Cryptocurrencies

It's snowing quite hard and I'm just hanging out at Java Johns; waiting for it to let up a bit and go shovel snow again.
I'm out of any currency right now. I'm in fiat or what you may be familiar with (American dollar). I'm waiting for the weekend crash which will be an opportunity to buy Lite coin. I lost about $10 yesterday trying to time my buys and sells. It's hard to make money when everything just goes down. I try to buy at a dip and sell at a move up. The problem is that it doesn't move down as much as I would like and when it's time to sell it moves so much that I get caught selling lower than I would like.
I meant to say something about this prepping craze. I clicked on a wrong place and now my e-mail is being inundated with all sorts of videos about making bug out bags, starting fires without matches and all sorts of predictions about apocalyptic scenarios.
I'm tired of the whole thing. It's just too expensive. They talk about making things in your garage or adding to your bug out location (which is something like 5 acres in the mountains). I don't have that sort of thing and I never will. The whole thing justs costs too much for me. I've got a lot of gold and silver and some food but I don't have the money or the room for anything else.
I am still thinking about getting an RV of some sort. Maybe I'll get a motorhome. I could live in it and travel around looking for gold and coins with my metal detector.
I've yet to find a good source of water if the city water gets cut off or contaminated like it did in West Virginia last week. I need to arrange for a place to store my food and water and stuff. I might have to rent a storage locker. I asked Gary if I could store stuff at his place. He said that I could but I haven't been able to get together with him to actually store things there. It might be better to just have my own place.
Well the snow is letting up, time to eat lunch and shovel some more.

Monday, January 13, 2014

There were 2 crashes in crypto this weekend.

And I was caught by both of them. I told you about the first one. Well, Sunday night was a repeat of Saturday night. I was in Litecoin while I slept and I woke up considerably poorer.
I kept thinking that the currencies are in a long-term bull market. I was wrong. The China banning of cryptocurrencies is having an effect on the markets.
I'm just going to stay out until after January. Then I might get back in. It's just too dicey to be in, now.
I was watching a video about gold prices, last night. I looks like the Western banks have run out of gold. It's all going to China and points, east. I think they are already out and they are faking it.
I guess I'll have to give up my delusions of getting wealthy. I was just hoping to get enough money for a trailer, anyway. Well, I'll have to give that up. I can just move into my van.
I have to get rid of most of my stuff. I would like to sell the etchings on the internet for Bitcoins or Litecoins. I need to find a site that would do that. Maybe Amazon. I tried Ebay but they wouldn't take Bitcoins. Craigslist might be an option. I'll have to research it. They sure aren't moving, now.
I might as well show some of them here.

I'll also link Malcolm site where a bunch of my etchings are also listed:

Sunday, January 12, 2014

Cryptocurrencies got Exciting

Well, shortly after saying that cryptocurrencies were boring it got exciting. I lost about $50 while I was sleeping. I went to bed with Litecoin in my crypto wallet. I had a sell order in at a couple of dollars higher than when I went to bed.
Unfortunately it went down instead of up. Once again, there was the famous weekend crash. It didn't happen last week and I felt that Litecoin was moving up so strongly that it wouldn't happen this week. I was wrong.
I sold at a bottom and got back in a few minutes later. Over the day it moved in small amounts.
Tonight it went down again. I got out quickly and then it started going up again. So I bought back in. This getting in and out doesn't really cost much. A transaction costs 0.2 %. It's worth it to get in and out and to try to miss the big losses. The trouble is that I have to sleep sometime.
I had a bot but I wasn't happy with it. It didn't get in and out fast enough for me. With cryptocurrencies you have to be fast. Maybe I can set the bot differently. I'll have to contact Pablo and find out.
I went to LaCrosse today. I went to church and then hung out at Barnes & Noble. I bought a book by Malcolm Gladwell. He's one of my favorite authors. I also got a survivalist book. It looked to me like the prices are going down there. Maybe they are going bankrupt. I hope not; I'll miss them.
Not much happening here. I'm at Culvers (a hamburger shop). Just watching cryptocurrencies and reading Gladwell's latest book.

Saturday, January 11, 2014

Time for Disjointed Rambling

I decided to do a little rambling, today. I've been thinking about how much my life has been disrupted by negative (fear-based) thinking.
I think a lot of it started in the 70's and 80's. I've never mentioned it here but I feel that my investment thinking has been warped by feeling that I had to acheive wealth due to believing that I had a series of one-night-stands with a variety of Hollywood starlets. This was probably a hallucination but I've spun my wheels trying to get the money that I would need to be good enough for them.
I was also trying to get out of the working class rut. I felt that I could make enough money trading commodities or options to be one of the 1% who everyone else works for.
I guess I'm still trying to get out of the rut with crypto-currencies. That seems to be working for now.
I've been willing to take great risks with money and I always avoided doing the hard work that might have made my schemes work.
One of the things I avoided is selling. Looking back, I feel that I might have made it if I had found a commission sales job. It's always better to get paid for what you achieve than for the time that you work.
That's covered in T. Harve Eker's books and seminars.
Talking about motivational speakers, I was watching Glendon Cameron today. In one of his vlogs on his YouTube channel, he said that the first step towards achieving wealth is commitment. You have to do what it takes to get wealthy with no excuses. I've always have been lazy. That's probably been a bigger problem for me than my mental illness.
Getting back to negative thinking and commitment, I feel that this prepping stuff I've been watching on YouTube has derailed my movement towards achieving wealth.
I've got close to $3000 invested in precious metals. If the economy doesn't collapse, what am I going to do with it? I'm not even sure that gold and silver will do any good in a collapsed economy.
I'm spending all of my money and time getting ready for the financial collapse and none towards becoming an entreprenior. That's what I should have done 30 or 40 years ago.
I was watching something about that Zuckerberg fellow. Appariently he bought a copy of a book on C++ programming about the same time that I bought one. The difference is that he followed through. I never did teach myself to program. The difference between the two of us is obvious. I doubt that I would be a billionaire by now but I think I would be doing better than I am had I really dug into it.
Oh well, go to Glendon Cameron's Youtube channel and get Eker's book. Maybe it's not to late for you.

Thursday, January 9, 2014

Crypto-currencies are now boring

The crypto-currencies have been moving sideways, lately. That makes it hard to make any money on them. I've been in and out a dozen or more times in the last week and I have the same amount of money that I started with.
I'm tempted to quit. At least until the 31st of January. That is when the Chinese won't be able to get their crypto-currency transferred back and forth to their banks.
That should drive the market a lot. Maybe they are getting out, now, and that is holding the market down.
I've got a good notion to get my money out and pay on credit cards. I'm carrying too much debt.
I'm hoping to go prospecting for gold this Summer. I'll just throw a metal detector and tent into the van and go.
I think I'll go to Happy Camp, California and check out the "New Fourty-Niners",first. That is a club in northern California that has a lot of claims on the Klamath River. It would cost $1500 to $3000 to join but it might be worth it. If that doesn't work out I'll join the "Gold Prospector Association of America". They have permission to pan on dozens of claims across America. It only costs $70 for an annual membership.
I'll have to find a way to store all of my stuff. I have a bunch of etchings that I would like to sell but they're not moving. I have to lower the price and market them better. I would like to take Bitcoin as payment for them.
I'm too late to get into Spanish class, next Spring. Not only am I still waiting to see if I still have a job but the class was canceled because of too few students. Maybe I could go to Luther. I might still be able to get in there.
Today, I'm having a review to see if I'm still going to be on the Experience Works program. I have to get all spiffed up for that. I think I'll wear my nicest shirt, wrinkle free pants and a nice sweater. I bought some new tennis shoes, yesterday. I think I'll wear them.
Well, it's time to shower, shave and generally spiff up.

Saturday, January 4, 2014

I Quit Watching Cramer

Yes it happened. I haven't watched Jim Cramer's show "Mad Money" for over a week, now.
The real reason is probably that my gambling itch is being satisfied by trading crypto-currencies. But I have some other reasons as well:

  1. Cramer says not to invest in the market if you have credit card debt. He points out that you will always be playing from a position of weakness.
  2. He also recommends having $10,000 to play with. That means money that you can afford to lose, so you can diversify.
  3. The market uses US dollars. I'm convinced that the dollar will collapse any day, now.
  4. There is massive market manipulation going on. I saw that when I was trading Fannie Mae. The price would move a day or two before the announcement of the news that moved it. I also saw the 9/11 terrorist attack be preceded by the market moves in airline options.
  5. Gold is even manipulated. It's obvious but nothing is ever done about it.
  6. I need my money to get ready for the financial collapse. I've only made money a few times with the market and it's just too important to use my money preparing for the collapse than to risk it again. Crypto-currencies are bad enough, but I have more faith in precious metals and crypto-currencies than the market.
  7. I need to protect myself from government seizures. They took people gold in the thirties and at Cyprus they took money out of bank accounts, recently.
My sister and other religious people tell me that God will take care of me. I feel that I have some responsiblily for my own well-being. Isn't there some sort of saying that God looks out for those who look out for themselves? I feel that people who put their trust in the dollar will regret it very soon.
That reminds me, I checked EBay for gold prices today. The spot price for gold is a little above $1200. But on EBay 1/10 ounce gold coins are going for around $200 instead of the $150 They were going for a few weeks ago. I think the people who buy on EBay have a better feel for the real prices of metals than the market manipulaters on Wall Street and London. In fact, at London what they do twice a day is to set the world price of gold. They call it the "Fix". What an appropriate word for what they do to gold they fix it twice a day.
Oh well, I'm just going to keep playing crypto-currencies with my bot and try to get ready for a world wide financial collapse.

Friday, January 3, 2014

Got Butter Bot Working

I loaded a robot trading system to my Bit coin exchange account. It took a lot of doing but I think it will be worth it.
I was disappointed with how it worked at first. When it went through it's buy and sell cycle I ended up with less bitcoins each time. I changed some numbers and I hope that it works better, now.
I will probably lose my job at the Peace Center. I don't think I'm poor enough for the Experience Works program. I asked Julie (my boss) if the Peace Center could just hire me for 10 hrs. a week.
She said that she would take it up with her board of directors.
It looks like I won't be able to take Spanish the next semester. I'll miss that.
My prepping is taking a hit because of poverty. I can't get a trailer because I can't get a trailer hitch on my van. So I'm thinking of outfitting my van with a bed and shelves so I can live in it. Then I could go prospecting for gold. I could leave next Summer. There really isn't much keeping me here.
Once I get the bot to trade my Bitcoin account well, I won't even have to watch that.
I'll have to store my stuff and find a place for my precious metals. I also have to get rid of my etchings.
It's more likely that I'll leave the Summer after next Summer.
Well, I have to get organized and get rid of most of my belongings if I'm going to take off in my van. Also all this prepping bs will go by the wayside since I can't fit much food, guns and gold into the van. I could probably have a lot of gold but I don't think that's wise for traveling.
I hope to hear from Experience Works on whether I have a job or not. I really don't care much either way. I just want to know one way or the other so I can make plans.
I think I can find some part-time jobs here and get by just fine. I just need a little extra money to get out of here.
One of the reasons I want out is to find some land that I can have a homestead on. The land here costs around $10,000 an acre. I just can't afford it. Maybe I can find some cheap land in Colorado or Wyoming. I don't know where I'll end up but it will be an improvement.