We're in for a Major Depression

In keeping with my policy of being influenced by the last person I saw on YouTube, I'm going to talk about the major depression that Harry Dent is predicting.
He was interviewed by Greg Hunter today.
He uses demographics for his study of cycles in the market and geo-political predictions.
I've been thinking that gold and silver will go through the roof because of hyper inflation.
Harry says that instead of hyper inflating, everyone will simply default on their debt.
He pointed out that the banks are the ones who are producing most of the money due to "fractional reserve banking".That means that for every dollar the banks get they loan out ten. The banks will be defaulted on; causing a major depression.
Of course, all the spending that has been going on since the 2008 crisis has only made things worse.
This brings into doubt, my idea of panning for gold since that would be used for bartering.
Not only will it be doubtful that people will have any use for gold to barter with but it may go down in value to a fraction of it's value, now.
I think I'll still go prospecting but I'll be more likely to try to find a job if the prospecting doesn't work out. I'll be in California and maybe there are more jobs there.
 I'll be able to find something with computers. For the last 15 years I've only been able to find jobs that were government subsidized. Like work-study at schools and Experience Works ( a government program).
Nick came here to the Co-op so I'll sign off for now.
Later

I was Approved for the Loan

I was approved for the loan to get a new trailer. I just have to come up with the down-payment. That's around $1100.
I could sell some silver or gold for that much.
After I got my approval I went to the other trailer dealer to see if I can sell him my motor home. He said that he would take the motor home as a trade if I bought a trailer from him.
Since I want to get rid of the motor home, it's tempting. I'll see him next Monday to see what he comes up with.
I'm trying to sell things but nothing is moving. I couldn't sell my etchings. I may be stuck with them for the rest of my life. There really doesn't seem to be a market for art except at the "Van Gogh" level. Art for the common people doesn't seem to move.
Raymundo will help me move. I'm going to fix a couple of computers for him and maybe give him some things like a vacuum cleaner. At least I don't have to face moving by myself.
I was watching something on the Internet, last night.
I think the "powers that be" are trying to infiltrate the alternative media. There was something about the global currency reset that tried to make the case that it wouldn't happen.
He was saying that it was too big of a thing to happen. That several countries use the dollar rather than have their own currency.
The way I see it, just because something would be terrible if it happens doesn't mean that it won't happen. Remember Hurricane Sandy.
I'm still going for gold and I'll be trying to get set up for a currency collapse.
I hope to find enough gold to finance getting my own homestead, a long ways south of here.
I don't consider the northern part of the U.S.A. to be habitable in a currency collapse. I don't think it makes much sense to be cutting wood for most of my day. And that's what a person would do here if there wasn't money for natural gas.
Oh well, I've got to get packing for the move and I've been putting off washing the dishes for weeks, now.
Later

Now I've got a lot of Viewers from Russia.

I don't know why but I suddenly have a lot of viewers from Russia.
A few months ago I had a lot of viewers from Moldova. They went away and now the Russians have appeared.
Welcome.
I'm going to talk to a couple of bankers, today. I'm trying to finance an new trailer.
The old motor home is taking too much to get it ready for the trip to California. I'm probably better off with something new, anyway.
I might be able to combine it with other loans and get a better rate.
I got to looking at a new trailer at "Camp Site RV" in Cresco, IA. It's a 2014 model so they are giving me a heck of a discount.
I saw one that I liked better on Ebay but it didn't reach the reserve price, yet. I don't know what it will sell for but I'll have to have my banker OK me to bid on it.
Maybe I should just get the old motor home running. I'm getting impatient.
I have to get my etchings sold. I have about 3 places I need to call about that, today. That would really get me moving.
I need to talk to Raymundo about helping me get packed up and ready to go. I'm hoping that he will take ounces of silver for payment.
I've got another old laptop to work on. Teresa at Java Johns gave me one with a bad display to look at.
I've got to get home and make some calls
Later

Thoughts on Financing my Move to California

I recently received a pre-approved loan application in the mail for $5,000. It's at a high interest rate; but for the following reasons, I might take them up.
Apple Watches are selling out. Even the solid gold ones are selling faster than Apple can keep up. This should drive gold prices up, sharply.
I could not only use the money for the move but I could buy options for gold and crude oil. If I'm right about those I could generate plenty of money for the move.
Of course, I've never made any money on my other "get rich quick" schemes. A lot of times things start of like gang-busters but I always lose everything in a month or two.
It's kind of like my buying 'junk drawers" on Ebay. I always think that the seller overlooked a gold coin and is accidentally trying to sell something of great value.
It always turns out that it is a silver colored coin that was photographed in a yellow light. I guess that I meet Einstein's definition of insane because I keep doing the same thing and expect a different result.
The last time, I saw a picture of a coin that was in a bevel (a ring the enables the coin to be hung from a chain). It looked like a British Sovereign. I even had the date right. It turned out to be a half-penny from the same time period. One time, I saw a gold colored coin that I took to be a 1/10 ounce gold coin. It was a Hong Kong nickel. I never learn from my mistakes.
There is a good case to be made for staying here and getting a job. In another year I would have 2 loans paid off. That would free up about $450/month. Maybe I could make enough money to make the move quicker if I had a job.
Well, I've got to get busy trying to sell the etchings. Selling those would free up a lot of money and make the move much more possible.
Later

Waiting to Hear About a Credit Card

I'm in a waiting mode. I sent off an application  for a credit card. It seems legit. I'm trying to transfer balances from another card to this one since the first year of interest will be free and then the interest is lower than my first card.  

Moving to California is dependent on getting this card.

Of course, I'm engaging in the old "pay off a credit card with another card" gambit. It reminds me of what the U.S. government is doing with quantitative easing.

My only other hope to get out of here is to sell my etchings. 

I was disappointed with the appraisal last week. They said that none of my etchings were worth more than $500 and they don't deal with things that cheap. Maybe I can find someone who values my etchings more leniently. I'm still waiting to hear from an art gallery in LaCrosse.  

My stock options are going down since both oil and silver are going down. 

I still expect Saudi Arabia to be invaded; it's just taking longer than I thought. I think that's why they are selling so much oil; they're accumulating money for the war. 

I may have to go out and get a job. I hate to think about it since it has always been so futile, anyway.

I priced a trailer a couple of days ago. 

I was thinking I could junk the motor home and tow a trailer out to California.  

It turned out that I might be able to swing that, financially. I just don't want to tie my money up for the next 5 years and I would have to spend another $500 installing a tow hitch on the van. The loan officer at the credit union said that it would work better if I could keep the cost of the trailer to below $7,000.

Maybe I should be spending my time looking for used trailers. 

I sold some silver, last night. I was hoping to sell the gold rings as well but they didn't move. 

At least I have some money for the move; but I keep buying more silver on E bay on impulse. 

I think I'll look for a trailer, online.

Later

Mental Progress on the Move

I'm not making any material progress on my move but I am making some mental progress:

1. I decided to get Brian to help me pack up and get ready for the move; he wants my apartment since it's the cheapest one in Decorah. 
2. I decided to sell my gold coins and rings at the Coin Club. They are serious about coins and such and I feel that I can get good prices, there. I didn't want to part with the gold but it's necessary. 
3. I contacted Jackson Auctions in Cedar Falls, IA to sell my etchings. They are going to give me a free appraisal so at least I know where I stand with the etchings. 
4. My oil options are going up. If they keep going I'll have plenty of money for the move. Maybe gambling will pay off. 

The motor home is still a problem, as well. Nothing is being done with it. It has been sitting in the shop for a couple of weeks, now. The clearance lights need to be replaced, and the transmission needs work.
I think that once the work on the vehicle gets done; I'll take it to Cresco, Iowa to have the work done on the furnace and water heater. It might fall together quicker than I think.
Shoveling snow has been a waste of time. I always end up dining out when I'm shoveling. I end up spending more for food than I make by shoveling snow.
I just need to start cooking at home and getting free food from the Lutheran Church. Once I'm out in the wilderness I'll have no alternative but to cook for myself.
As it stands now, I think I'll leave in about a month. I'll take the motor home out and somehow get back for the van.
I haven't talked about the world situations, lately.
The Yemeni rebels will probably team up with ISIS to divide up Saudi Arabia. That is similar to what Hitler and Stalin did at the start of WWII. All of this is being manipulated to drive oil prices up. Low oil prices will destroy the U.S. quicker than anything else.
I saw something on the Internet. I believe someone named Bix Weir was being interviewed. He said that there are mines in the United States (hidden in parks and military reservations) that could produce more gold than is known to be in the world, now. If he's right, that might explain why gold never seems to go up much. I still think that silver will go up due to usage in solar panels.
Oh well,
Later

Credit Cards are Killing Me.

I want to rant about how credit cards (with their high interest rates) are killing me financially.
I'm paying over 20% on some of my credit cards. That is just too high to get the principle down, over time.
I've used them for sensible things like buying silver and gold and buying my motor home. I also use them a bit too much for buying food at restaurants and coffee shops.
The problem is that they are impossible to pay off because they increase so fast that I can never get ahead.
Years ago, financial advisers would say to pay twice the minimum payment to get them paid off. That was when the interest was around 10%. Now I think you have to pay 3 or 4 times the minimum payment to make any headway.
I woke up this morning thinking about my credit cards and I just don't see any way out. I'll have to get a good price for my etchings. That would release the road block that is stifling my move to California.
That reminds me, I have to pick up my etchings from Luther, today. I have to call David and go pick them up. Maybe someone saw them and just has to buy the whole bunch. I hope so.
I'm selling a couple of my computers; but I'll still have 5 or 6 left.
I've got a lot to do today so I better get going.
Later