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#1 Thu, Oct 22, 2015 - 4:41pm
Joseph Warren
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The Grind

Hi everyone. In the main thread today I posted that maybe I'll start taking a different approach to Turdville (and other media too). The last few years have been a real grind for many of us invested in PMs. You can see how tough that has been on people's nerves. (Many long time Turdites have left the website and perhaps they also dumped their PMs.) - - I no longer actively trade. I have physical as insurance and for the long term. There's really no reason for me to follow every tick, minute-to-minute, as in the past. There's also no reason to be completely absorbed following very bit of news out there. This is especially true when you can't directly impact those particular events. 

This is Not about putting your head in the sand. It is not about ignor-ance, which may be defined as purposely ignoring the evidence right in front of you which is readily available. To me, this is about preserving and strengthening the resources you have, including your mental energy & the hours you have each day. Once you wake up to the corruption of the fiat bankster system, gathering more evidence of that really isnt necessary. Would that additional bit of information change your personal strategy in any way ?

So, maybe I'll just listen to Turd's podcast summary at the end of the trading day. And maybe I'll just listen to only the Friday podcast summary of what happened that week. Maybe I won't spend so much time checking out every bit of news. - I imagine if WW 3 breaks out or another 1929 style stock market crash occurs, I'll find out about.

I confess to being a financial markets and news junkie. So if I actually take this approach, I'll see if it works for me. I'd appreciate hearing from others on their thoughts for handling 'The Grind'. Thank you

Thu, Oct 22, 2015 - 9:37pm
Wy So Lo
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Grind

Yes i hear ya . We have allowed ourselves to be subjected to the emotions of the journey and many have succumed to the endless hype and subsequent disappointment when our worst/best case scenario is not realized. Those with a numi bent have found an interesting hobby and even myself who started out as a poured bar stacker now finds himself looking for items with a potential future as a semi collectable. Brotherjohnf has espoused this concept for years and has plenty of runs on the board.

Thu, Oct 22, 2015 - 10:42pm
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Thu, Oct 22, 2015 - 11:47pm
4 oz
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PM's are Way to Fun!

Pm's are way too fun. Maybe I haven't been in this grind as long as most, but I have an awful lot of fun, learning and watching....stacking Pm's. I sleep good too. Can still add at today prices way under & continuing to bring my DCA down, so to me, every buy is at a sale price. Truly, have no problem remembering picking up 4 oz ASE the last week of April 2011, way back when I was brand new, and happily handed over $45 and a $7.50 premium for each.....

Not discouraged in the least. 

Fri, Oct 23, 2015 - 1:32am
boomer sooner
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Ditto 4 oz.

Initially, I bought for novelty, then for profit, now for safety. I look at the pm space of "investing" as a hedge and a back to basics life of honesty.

It is fun. I enjoy spending fiat on real money. The plus is no counterparty reliance/risk. My recent activity (last couple of years) has been adding weight, not caring about type, just premium. Poured bars are my weakness, but not weak enough to purchase. My silver goal should be hit in the next 6 months. Gold may take a long while. I have a terrible problem with premiums, but I have learned to wait for the owner to come to my price. A plus is a friend in the biz that sells me slow movers at spot. Today I picked up a $10 1984 Olympic Commemorative at spot. Gold will be a work in progress. May have to start adding some poured bars, au/ag, when they are available locally.

The fun thing about pm's are the additional items that go hand in hand. Firearms, target practice, hunting, fishing, and constantly keeping an open eye out for a resourceful property.

Fri, Oct 23, 2015 - 7:56am
Joseph Warren
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Thanks everyone for your comments

its valuable to see others perspectives on this.

One example of what I'm talking about is this week's A2A. I have never heard the guest before & he may be an excellent researcher & speaker. I may get around to listening to the interview this weekend, - or I may not. May spend that time doing other things. - From skimming the description, it sounds like he provided more proof that the Fed is corrupt. - - I already know that. I spent many years learning that. One more piece of evidence - no matter how valid - doesn't really change my current strategy. I try to add to the stack on a regular basis. (Not as much as in the past, though.) I'm not trading, but use Turd to help keep me aware of whats happening in the PM related markets. I also have alerts set up on computer & cell phone for if something significant happens. If there is a substantial improvement, I will go heavier into miners to leverage rising metals prices.

For me personally, my time might be better spent doing things other than watching every market move & bit of news during the day. I wonder if those who left the website (and maybe PMs too) out of frustration - might find a more laid back approach to be better for the long term. This could especially be helpful to those who are stackers, rather than traders. Of course, each person has to find what works best for them. Thanks again for your comments -

Fri, Oct 23, 2015 - 4:44pm
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Sat, Oct 24, 2015 - 1:07am
boomer sooner
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Ruffian

Your comment last night got me thinking about the bs tweets i get from my reps. I sent an email to Rep Tom Cole today asking why he was sad the NDAA was vetoed by Obama. I then asked if he had voted to remove the indefinate detention of US citizens clause. I know the staff preps the emails and sometimes answers, but I did have an email back and forth going with Sen Inhoff a couple of years ago.

Thanks for getting me off my ass!

Sat, Oct 24, 2015 - 7:32am
SilveryBlue
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@Joseph I think the trick is discernment

Try to narrow down the sites you monitor to the genuine, doing their own research types. TFMR will always be one of them for me. FYI the A2A was a gentleman who goes through the newly released (old) Fed minutes and cross checks them with the public announcements & actions of the relevant period (well that's what I took away anyhoo)

Serious fact checkers are rare and valuable because so few even do a basic fact check on anything they are told today. Research into the public lies can only be a good thing to support a final cleanup activity when it happens. I want it to happen so bad.

Other than that, there is no grind if you are not looking for instant riches and have or are acquiring a stack of your own.

I check out new news sources all the time & discard many old ones that were basic primer stuff. I am happy that they are there - they are the intro for many people searching for answers.

If the info presented rings true it can only help you to position yourself for your family's best interest by adding to your general knowledge and awareness. The proven stuff becomes integrated into your world view given time. Sort of like knowing not to tread on a snake once you know what one looks like, but not having to think about it.

Cheers to you & yours smiley

Sun, Oct 25, 2015 - 2:27pm (Reply to #8)
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Sun, Oct 25, 2015 - 2:47pm (Reply to #9)
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