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.
Later

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.
Later

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.
Later

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.
Later

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: http://roadsongs.com
Later

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.
Later

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.
Later,