Guest Post: I Wish the Big Reset Would Get Here & Be Done With it!

big resetMy attitude about buying metals was all wrong back in 2010 when I started. Then, it was an investment, rejoicing all the way up to $50 silver, keeping a detailed spreadsheet of all holdings, sorted by coin, bar or sterling with purity percentages built into the spreadsheet all multiplied against the spot price updated several time per day. I knew to the penny how much fiat I had earned with my investments in metals.
Yes, my thinking was wrong, very wrong. If I simply want to invest and make fiat, why not trade options in the wake of the FEDs bubble pumping? One could have made a bunch of fiat on the POMO days and I hope many of you did.
No, the metals investing has to be understood as long term wealth preservation, placing our treasure in wise foresight of future provision for those we love. For my entire life I have been taught that dollars were money. Nobody in my family really understood the ramifications of the ending of Bretton Woods, even though the 1965 quarters were notably different than those from 1964.  But my parents didn’t teach me (they didn’t and still don’t understand) and deep down my belief in paper has persisted to this day. It is dam* hard to shake. I suppose that is why I don’t carry cash and keep a silver coin on my desk at all times. The retraining of my mind with regard to real money has been difficult and not altogether successful.
I am angry about metals manipulation, fearful of life in an apocalyptic world, exasperated at relatives who won’t read the news and who think I am a conspiracy theorist, and wishing the big reset would get here and be done with it.

 

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By Dr. Jerome, TFMetals Report:

Emotion management & Prepper Hedging

I am not a great trader or a gifted entrepreneur. My contributions to this site ought to come from my scholarly expertise in speech and media analysis, but most of you see right through the bullshit of our leaders and the biased reporting of the media. So I’d like to offer a creative problem-solving side of my world. I work through new ideas by writing and through dialog with others. So I hope this post, and future ones, can begin fruitful dialog that helps new members get a firm grasp on our times and provides hungry ears to listen as our experienced members share their wisdom, experience, and practical knowledge. After all, we are preparing for the end of the Keynesian experiment and a transition into a new world. The stakes are as high as they get.

Well I felt pretty lousy the morning after the Monday night smackdown while reviewing the evidence on the Tuesday morning chart. I am not sure why this one hurt more than the others. Friday’s smackdown was disappointing, but not as painful. On some days like this, I feel lousy all day and lose energy for doing anything beyond the minimum to keep my job. But on that day I figured I better stay engaged with the site here a bit, keep watching the charts, and learn to not be emotional about all this crap. My broker even told me Friday “Unless you’re trading futures, you don’t want to watch each $15 move so close. You’ll stress yourself out over nothing.” Another wise man once said “For where your treasure is, there your heart will be also.” While we are all familiar withteh spiritual interpretation, the concept runs through all areas of our lives. My treasure has to be in the future of my family, not my fiat. I have to keep the larger perspective on stacking and prepping as my treasure, not in my little trading account.

My attitude about buying metals was all wrong back in 2010 when I started. Then, it was an investment, rejoicing all the way up to $50 silver, keeping a detailed spreadsheet of all holdings, sorted by coin, bar or sterling with purity percentages built into the spreadsheet all multiplied against the spot price updated several time per day. I knew to the penny how much fiat I had earned with my investments in metals. My wife and I (Praise be to God that she thinks like I do) spent our Saturdays perusing the antique malls, looking for jewelry or sterling. She indulged my purchases of old coins from the local dealer and we built a decent sized stack over a two year period in which metals were smashed from their highs to the lows.

Yes, my thinking was wrong, very wrong. If I simply want to invest and make fiat, why not trade options in the wake of the FEDs bubble pumping. One could have made a bunch of fiat on the POMO days and I hope many of you did.

No, the metals investing has to be understood as long term wealth preservation, placing our treasure in wise foresight of future provision for those we love. For my entire life I have been taught that dollars were money. Nobody in my family really understood the ramifications of the ending of Bretton Woods, even though the 1965 quarters were notably different than those from 1964. But my parents didn’t teach me (they didn’t and still don’t understand) and deep down my belief in paper has persisted to this day. It is damn hard to shake. I suppose that is why I don’t carry cash and keep a silver coin on my professor’s desk at all times. The retraining of my mind with regard to real money has been difficult and not altogether successful.

My rational and emotional self must be re-connected to metals and other commodities as true wealth. Abraham measured his wealth in goats, sheep, and servants. I always thought that was odd and figured they didn’t have money then. But they were quite a bit closer to a gold standard than we are today. Livestock equals food & clothing, servants equal stored labor.

I am angry about metals manipulation, fearful of life in an apocalyptic world, exasperated at relatives who won’t read the news and who think I am a conspiracy theorist, and wishing the big reset would get here and be done with it. So I have to address anger and fear, find a healthy place to live my life. I think we found it.
We have committed ourselves to hedging. We are seeking that life where we enjoy each day, push fear aside, and have a hope for the future. Knowing that the future itself is not offering much security, we are pouring our labor and what modest investments we can into projects that benefit us here and now as well as prepare us for a tough economic future.

  • Solar Electric system: Our $1600 investment in parts and knowledge will hopefully trim the electric bill in half and train us into better energy use habits. (in progress)
  • Solar Water heating: More energy savings and learning to be a plumber. (planning stages)
     

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  • Greenhouse, aquaponics, fish farm and gardening. The benefits are too many to list. We’ll save on the food bill and feel good about what we eat. (in progress)
  • Chickens & Rabbits. We’re planning a seed sprouting system to feed them and keep a few of each in back yard pens. I am still squeamish about butchering them. Hunger should get me past that. (planning stage)
     
  • We are continuing to invest in real estate—perhaps foolishly some would say. But there are places where homes are cheap, very cheap, and people still have jobs and can pay the increasing rents in the market. We just located a duplex for 28K in a small town that has survived the recession quite well. We currently own eight rentals that help us stack and prep. I suspect we can keep these rented as things decline. We buy with cash, renovate, then refinance to get our nest egg back out and look for another. The banks have the risk. We skim the profits, sharing with a manager.
  • Half-way bug out location: Owned by a family trust with no bank liens. We cannot afford an underground bunker on 40 wooded acres with a two year food supply. But I can afford a small home in a small town with water on a large fenced lot. I can plant fruit trees there. Then I can rent out the home to pay for itself until I need it. (in progress)
  • Serious bug out location: A simple hunting & fishing cabin! Owned by a family trust with no bank liens. More remote. Not underground. Some acreage next to a national forest with water. Land is reasonable and I am studying how to build a septic system. One can build something like this cheaply, or hire the work done and not really draw attention to yourself. Add in solar power, a well, animal pens, a greenhouse and the future looks promising. We will simply enjoy working on the place and getting away for weekends. (still a dream)
  • I am very tempted to purchase a small backhoe and learn to operate and maintain it.

If this economy continues to hang on for several more years, We are determined to enjoy life and not spend our days watching for black swans. We are determined to prosper, not simply survive. And if it all collapses in a day or with a continued slow decline, We’ll be as ready as we can be No regrets! Frankly, We foresee a long slow decline with increasing government oppression. If the world monetary system resets to a partial gold standard, we foresee continued decline and increasing 3rd world living standards for all.

Our relatives, concerned that we have lost our minds, accept all these activities as economic, green, entrepreneurial, etc. We will profit and enjoy getting away to the hinterlands on weekends while we are prepping in multiple ways to live in a new economy, to be self-sufficient if needed, and still maintain a civilized life.
As for the friends and relatives who ridicule us, we’ll continue to promote metals as an investment and praise the benefits of small town life. We’ll try to explain the risk of MyRA, bail-ins, paper investments and bank failures. We’ll encourage them to keep a stock of food and key items because Walmart shelves go bare when the power goes out.

All these prep items are true commodities and must be counted as true wealth. But they also help us to prosper and enjoy life now. True prepper hedging! Food, energy, land, housing, knowledge of trades, add up to peace of mind. Then we can handle the daily gyrations of the markets and bear the blatant manipulation of criminals without getting overly worked up. Our finances and efforts are protecting our family against the disaster and give us the motivation to keep working each day until we are forced into this long-expected change.

DrJ

 

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