The Peripatetic School

An alternative to prepping

In 2007, my wife and I owned 8 rental properties and a home in the Midwest. We were up to our ears in debt, but the budget worked due to incoming rents. The recession punched our rental business in the nose. All of our equity was wiped out in a few months. Every property was “under water.” Even our home was under water. As the housing market slowly recovered from 2009 to 2016, we were able to finally sell all the property and move back West closer to family, but we still booked a loss on every single one. Four years ago we left behind our 5 acre paradise and moved into a condo in a college town. Now I am ready for a different kind of life.

A short-term bear

I recall back in the wild days leading up to May of 2011 that a number of regulars on the old blogspot site began to warn of a downturn in silver. They were nearly shouted off the discussion boards with some blunt words. This place was a bullish as it gets and I watched the AG price rise up through the 40s with greed and glee. But the bears were right, and those who took the warning seriously and hedged their stacks did not regret it.

Boating accidents

Only a fool boasts about their stack to friends. Yet, we want to encourage friends & family to stack. But if I tell a good friend, and he casually mentions it down at the pub after a few beers, I better be prepared.

Damned if you do, Damned if you don’t.

When the muse visits, one must start writing.

Here are some late afternoon musings I hope will make this 3-day weekend pass more thoughtfully. And maybe, Craig will feel less pressure to crank out a post in the early morning to explain what is going on.

It is always good to slow down and analyze.

Evidence-Based Policy

A funny coincidence occurred recently—yet another week when the Fed is hinting, signaling, screaming (but probably lying) that they will raise interest rates. A colleague asked me if I would review an article she has written for an encyclopedia on research methods. Her article explains “Evidence-Bassed Policy.”  So I’d like to muse about the FED’s decision-making methods here in this short essay, and contrast them with the theory behind their stated rationale.

Sunday reading... How to get out of trouble.

Traditionally, when one's character is impugned, one must defend themselves publicly. Traditionally this is done either through a duel or a speech. As much as some of us might love to see a duel, we’ll have to settle for talk. Traditionally, the impugned person would deliver that speech (advised by a PR team), but today it usually an underling as advised by that same PR team. So what are the Democrats doing to save face and recover their honor after revelations that they have colluded with the media to rig their Primary Election process?

Hint: It's certainly not the right thing.

On Forests and Trees

About 20 years ago I was working at an Intel Plant in Albuquerque NM on a construction crew. At lunchtime each day, many of us would leave the plant and drive a mile to one of the fast food places up the road. Often we would be a few minutes late coming back. You know what happened next. A general contractor superintendent got pissed off, counting minutes and multiplying by hourly wages. They “reacted.” They made a new rule: Anyone who comes back from lunch late will be fired.

It's a long hard journey ...

Aaaahhh, the life of a farmer …  filled with healthy food, baby animals, fun for the kids, beautiful land, lying back in a field, hands folded behind my head, watching clouds while chewing on an grass stem... and… a whole lot of hard work, government meddling, spring storms that kill blossoms, pests, drought, skunks running amok in the garden, zombies, and did I mention hard work?

Guest Post: Monsters and Metaphors

Much discussion this weekend that is relevant to the central aim of our blog seems to center around the legitimacy of this recent metals rally and whether or not “this time is different.” Our fine host Craig has warned us on Friday that this time may not be different. In fact, key signals that have traditionally preceded a metals smash are building.

Why? the monsters are not dead yet.

The muses who inspire our literature and dreams are shouting at humanity with some basic principles. Our monsters are warnings--a coded taxonomy of those people and offices that we must keep in check. Only the people, bonding together, marching out with torches and pitchforks, can stand against their power.  

Enjoy your vacation Craig. And don't forget to check under the bed.

No More Cash?

Some musings for a Sunday afternoon as we await the market open.

I just became a real roofer this week—first roof ever. There I am straddling the top of the original homestead building (1905) as my wife snaps a photo. I am getting too old for this kind of work. But we are discovering that our neighbors around these parts are not what we hoped. Its time to switch our efforts to a friendlier location.

The prepping goes on!

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