tag:blogger.com,1999:blog-2182962435875556601.post1949649504576951331..comments2023-09-24T08:04:06.909-04:00Comments on FSK's Guide to Reality: Reader Mail #98FSKhttp://www.blogger.com/profile/11903396202330950362noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2182962435875556601.post-20527385221131938222009-06-08T20:26:49.119-04:002009-06-08T20:26:49.119-04:00Again, this is the main question:
Are you more li...Again, this is the main question:<br /><br />Are you more likely to lose 30% of your savings in a market dip than you are to lose it in a burglary, assuming you take the proper precautions in both scenarios?<br /><br />That is the basic question I asked re: gold and silver. Basically you pointed out a few things:<br /><br />1) Cops could steal your gold/silver.<br />2) Criminals can sell your gold/silver if they steal it.<br />3) It's risky to run a gold/silver warehouse.<br />4) Your parents spy on everything you do.<br />5) Torture <br />6) TSHTF scenario<br /><br />I will answer the above in order.<br /><br />First, the boys in blue...I asked you about portfolio losses and investment options, why are you talking about police raids? It's not like you are going to have access to your Schwab account if you are behind bars. You have to do something stupid to have your gold seized by the police...(like selling liberty dollars-that is a stupid business endeavor, it is no different from on-the-books tax resistance...challenging the bad guys, on their turf). If the police raid your house, you did not take the proper precautions. The chance that someone is the victim of a random, unprovoked police raid is extremely small, and should not be in a normal person's investment decision. <br /><br />Second, criminals. If you are clever, someone can break into your house, and steal 'everything' and not find 'everything' that is valuable to you. You simply ought to have the good sense to protect your gold/silver at a level that reflects the value of money you have invested in it. If you cannot do this, you probably deserve to have it stolen from you.<br /><br />Third, a gold/silver warehouse. Here we are again, with the liberty dollar scam. Seriously, if you are running a gold/silver warehouse, you are talking about a completely different topic, that is far in left field, compared to investing a portion of your retirement assets in physical gold. So I won't even comment further, that portion of your response was a tangent.<br /><br />Fourth, your parents, this is about the only valid response, and I covered it already. Again...<br />At $900/ounce, 30k in gold, is about two pounds in weight. Two pounds of gold could fit in a shoe box. As I said, it should be pretty easy to sneak a shoe box past your parents, especially if they thought you bought a pair of shoes! It may be too risky for you, but for most of your readership, this is a valid idea.<br /><br />Five. Torture. I am not sure why you continue to use extremely low probability scenarios to 'talk yourself out of' reasonable considerations. Again, what kind of idiot buys gold, stores it in his home, and allows outsiders to find out that he has it? I can think of several, <b>several</b> ways to make a purchase and make sure no one knows what you bought, own, etc. So being tortured "Where is your gold?" is again, one of those low-probability 'this-only-occurs-if-you're-careless' scenarios. It's only possible if the person attacking you knows that you have gold. If this happens, it is your fault, and you can prevent this from happening, since its under your control.<br /><br />Six...TSHTF. When TSHTF, either the state collapses, or financial panic ensues, and how far off do you think we are from a collapse of the state? If you really believe it will take 10-20 years, you should invest in gold now, and sell (or not sell, maybe just leave the country, who knows) before the financial panic begins. When TSHTF, there will be plenty of warning. Since this is true, I believe the argument that "when TSHTF, 20 years from now, anything could happen, so I better not invest in gold today" is not a valid argument. Again, it assumes the risks are so great there is nothing you can to to avoid, prepare for, or defend against them, including selling off your gold before the risks become reality.<br /><br />If you are not taking care to make sure you do not lose your investments, you deserve to lose them, anyway. This goes for whether they are in the markets, a private bank, or your own home.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-6409063147837694472009-06-08T19:31:13.898-04:002009-06-08T19:31:13.898-04:00Below is my last comment regarding your "blin...Below is my last comment regarding your "blinking" post. Could you explain to me how I am 'hostile' according to your comments above (in Reader Mail #98)? I have not only explained myself fully, I have also agreed with you on some level. So I fail to understand what it is that you are saying, and would appreciate your feedback as to specifically what, again in the post below, is hostile! Thank you!<br /><br /><i>On your response to my 'blinking one eye...' comment, you wrote.<br />Dogs/cats are not a valid comparison...and, it's possible that birds...<br />You would be better off researching birds, etc. Likewise, you assume that because an animal is domesticated that it is 'pro-state brainwashed.' You might look into the history of animal domestication. The first dogs/cats were animals that fed off of the scraps of human consumption. It is not likely the state had anything to do with that. When you associate the state 'carte blanche' with everything, you use the same 'straw man fallacy' that you yourself frequently argue against. <br /><br />Again, the reason your 'blink one at a time' hypothesis makes little sense, is because you have made a statement without comparing it to anything in reality. I strongly encourage you to compare your 'hypothesized blinking pattern' with some other animal. Dog, cat, monkey, cow, whatever, I seriously doubt that the relationship between an animal and a human affects its instincts severely to the point of affecting its blinking habits. Do you see how ridiculous this is? It's like saying that pro-state brainwashing directly affects the volume of air that the lungs can hold. Now, wouldn't breathing and exercise make more sense? In the same way...<br /><br />If you want to say that you are no longer afraid of looking people in the eye, because you are releasing yourself from habits and thoughts from your history, I understand that. That makes sense! Because you are comparing your past behavior to your current behavior, or because you compare your behavior to others, like you did when you mentioned people frequently blinking. You have a point on the blinking. I find that it is people's own awareness of either the fact that they are full of **** and are trying to take advantage of you, or they have prejudged you with a stereotype and are uncomfortable around you. There is absolutely nothing wrong with theorizing and I am not offended, however in its current state, your hypothesis on blinking has no correlation to reality.</i>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-78714210027327714752009-06-07T20:40:33.672-04:002009-06-07T20:40:33.672-04:00I have the same reservation as you about the Liber...I have the same reservation as you about the Liberty Dollar, but I still think it's a very decent transition. I'll buy a whole bunch of their silver one-ounce coins with the arbitrary $20 on the front and offer it to local businesses in exchange, say, for a pizza. Right now, according to LD's online store, I'll pay just barely under $20 for each coin, even though the spot price is only 15 or 16 slave points. The spot price'll keep going up in terms of SPs, which of course I'll tell anyone to whom I offer the silver; I'll also tell them about the reminting-with-greater-face-value-as-spot-increases policy.<br /><br />Yeah, it's flawed, and I share your reservation, but I still think this is the best step for now. During this transition awareness will be raised of the idea you keep mentioning of eventually quoting prices in terms of an objective amount of a commodity. And then ultimately we won't bother stamping a face value, because enough people will have realized the FR/Income Tax scam.<br /><br />Onward.<br /><br />ThompsonTrebuchet Enterpriseshttps://www.blogger.com/profile/15196016183308530512noreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-43889347852722174202009-06-04T14:28:43.960-04:002009-06-04T14:28:43.960-04:00I found a book on parasitic personality types, the...I found a book on parasitic personality types, their tricks, and counter techniques:<br /><br />http://katzforums.com/showthread.php?t=437673<br /><br />Furthermore, are you sure stocks outperform gov. bonds, given the current situation in the economic climate? They were having a good time in the last 80 years, agreed on that, but I think it will be offset in near future.F. E. Huginnhttps://www.blogger.com/profile/00844044054138925690noreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-20953399798786227912009-06-04T13:00:40.465-04:002009-06-04T13:00:40.465-04:00I wasn't forced to take meds for ADHD as a chi...I wasn't forced to take meds for ADHD as a child, fortunately. I was constantly disciplined for my impulsive, "rebellious" behavior. As an adult I voluntary tried various medications to increase my focus and attention. All of the medications I tried had very negative side effects. Strattera has sexual side effects which were detrimental to my relationship with my wife. Wellbutrin made me just not care about anything. Ritalin and Concerta are speed and caused me to lose sleep and appetite, made me nervous and anxious, and caused weight loss. I've since found natural remedies for focus and concentration without the harmful side effects of pharmaceuticals. I would never administer these drugs to a child. The child simply could not understand the negative side-effects or how to communicate the negative thoughts and emotions that these drugs generate. Drugging a child to control his mind is abuse.Anonymousnoreply@blogger.com