Indeed. A very old old moniker I started using in high school for my first email account (hotmail)…never been called out before.
I’m jealous of the green bean route.
If you have the ability to roast then green is the route to go…I’ve heard green beans lasting 10 + years in burlap (which you can snag for free at your local coffe shop).
Roasting coffee is a fun hobby that can produce wonderful coffee - better than at your favorite coffee shop for a whole lot less. I figure that I can make a double 16 oz. latte in less than 10 minutes for under a buck. (Most of that time is warm up time.) Coffee shops want $3 - $5+ for the same basic concoction and then want tax and a tip on top of it. Then, there is the added time and expense of getting to your favorite shop.
Just like any other hobby, it is easy to get carried away. You can start with something as simple as a flat bottomed pan on the stove as noted here: https://ineedcoffee.com/roasting-coffee-in-a-frying-pan/. It gets really smoky, so I’d rather roast outdoors on a propane burner. Getting a uniform roast requires lots of continuous stirring! Another low cost method is to use an air popcorn popper http://www.stepbystep.com/how-to-roast-coffee-in-a-popcorn-popper-90053/. (I’ve heard that newer air poppers have a safety device that prevents the air from getting hot enough to roast coffee. Do some research before heading down this path.)
There are many different types of roasters on the market and the prices range all over the board. I bought a 4 lb. roaster from https://www.rkdrums.com/ 16+ years ago and put it on a dedicated cheap propane BBQ. I’ve roasted nearly 1,000 lb. of green beans in it so far. It is still working great! I chose this unit because it can be operated over any sufficient heat source - in a propane BBQ, over an open fire (hardwood only,) charcoal, rocket stove, etc. I have an electric motor to rotate the cylinder, but if the power dies, I can rotate it manually.
I doubt that I’ve kept green coffee beans much longer than a year, but I haven’t noticed much difference between the “fresh” ones and the older ones. Once the beans are roasted, there is a definite staleness factor for whole beans after about 2 weeks. Once ground, the staleness kicks in quickly. Of course, if you only buy store-bought pre-ground coffee, you’ll never know the difference. It is akin to the difference between fine wine and swillable “industrial” wine. Hmmmm. Am I a coffee snob?
Grover
Getting “triggered” is certainly an apt description since you just got back from weapons training. I fully expected the defensive stance. There is absolutely no denying thye fact that you and many here are “gold bugs” Your banner gives ample proof of that. You have been touting pm’s since the beginning. Facts easily documented should one have the desire to do so.
The passage I quoted is quite a shining example of your site’s bias. Having to endure a run up of over 21000 in the Dow is considered a problem then that clearly exposes some blind spots and prejudices here. That reads as it is frustrating because despite our best analysis that there is another crash coming it has not happened. Timing the market is not possible unless you are Goldman or JP. That said that run up has taken place over almost 10 years.
Calling my comments “drive by” is an ad hom which I find somewhar surprising. I expect better from you. I read your paper “The end of money” I believe in late 07. I found it fascinating and started reading your site when you had just released chapter three of the Crash Course. Having read much on the site until about late 09 your dismissive ad hom is misplaced. I quit reading regularly because frankly my mental health was being impacted by the incessant focus on “bad news” I dropped in periodically over the years but nothing changed to keep me regular.
That changed when there were some interesting discussions on cryptos. I then joined so that I could participate. I participate on other sites devoted to cryptos and found the discussion here not up to par. Bitcoin went live in Jan 09 (almost 10 years) so yes if you first addressed it 5 years ago you were late to the party. That is a fact of your own admission… My point is that your focus kept you from getting the crypto revolution earlier. My opinion based on observation.
Clearly this is your site and you focus on what you wish to focus on. Also clearly criticism is not welcome here as evidenced by your somewhat insulting response. It is also evidenced by your treatment of Doug another long time member.
Well as for timing the Dow is currently down 600 so there will be great joy here I am sure.
I thought the market close ended today’s supense. Not so!
Bond ETF outflows for this week are high.
Dow and Nasdaq continue to dive.
Joy? Are you insane? NO ONE HERE wants this to come to pass. I think it is safe to say that every regular on this site would rather be living in different times.
Don’t confuse understanding and acceptance of what is, and what must come to pass, as celebration of the same.
I for one do not want to live through this. I have two beautiful young kids who will suffer far more than I will, so please understand that I find no joy in this.
Mohammed Mast wrote:
Markets powering higher are frustrating to endure? Really? it sounds like a good opportunity to make some money so you could buy some batteries. I don;t know whether there was any advice to buy equities when the Dow got into the 5000 range but now that it is well over 26000 it seems that that would have been a valuable bit of foreknowledge to have. Predicting another crash for ten years and advising buying gold while missing the cryptocurrency revolution seems to call into question a good part of this sites paradigm.
Of course everyone picks there own poison and frames of reference but I for one am glad that I have diversified my information sources
Wonder if this might be the biggest x-factor that messes up even the most prepared preppers?
At some point life is likely get way more difficult than most Americans are accustomed to, and it could happen almost overnight. The shock, anger, angst, desperation…reactions are likely to be anything but calm and reasoned. With so many unprepared (mentally and physically) and armed to the teeth, hard to envision a scenerio of co-operation or rational behavior dominating the landscape.
Prep on if it gives you peace of mind, but I’m afraid we’ve procrastined enough on addressing the many unsustainable facets of our way of living that if the bottom falls out (whether environmentally, financially, economically, or fossil-fuel dependence) no amount of preparation will make life worth living.
I know that’s dark, and really hope it turns out to be wrong, but let’s face it, humanity is not going to solve overpopulation, climate change, our unsustainable economy, or way over leveraged financial system. Whether the fallout is slow and gradual or sudden, time will tell.
Mark_BC wrote:
This is something I was pondering the other day; how if I had stayed in the stock market even just a bit, I would have come out ahead. We went through our pantry tonight and looked at what canned goods we are low on, with the intent of hitting the store this weekend. The garden is still a mess,but recoverable.
Settle your mares, I think. We have arrived.
Working off what Tude said, since public companies want increasing profits quarterly, wouldn’t buying any share equate to voting “yes” to infinite growth?
What else could you do with your financial capital? I’m guessing invest it locally. Or exchange it for other critically-lacking forms of capital. Are there other options?
Mohammed Mast wrote:
Getting "triggered" is certainly an apt description since you just got back from weapons training. I fully expected the defensive stance. There is absolutely no denying thye fact that you and many here are "gold bugs" Your banner gives ample proof of that. You have been touting pm's since the beginning. Facts easily documented should one have the desire to do so.
The passage I quoted is quite a shining example of your site's bias. Having to endure a run up of over 21000 in the Dow is considered a problem then that clearly exposes some blind spots and prejudices here. That reads as it is frustrating because despite our best analysis that there is another crash coming it has not happened. Timing the market is not possible unless you are Goldman or JP. That said that run up has taken place over almost 10 years.
Calling my comments "drive by" is an ad hom which I find somewhar surprising. I expect better from you. I read your paper "The end of money" I believe in late 07. I found it fascinating and started reading your site when you had just released chapter three of the Crash Course. Having read much on the site until about late 09 your dismissive ad hom is misplaced. I quit reading regularly because frankly my mental health was being impacted by the incessant focus on "bad news" I dropped in periodically over the years but nothing changed to keep me regular.
That changed when there were some interesting discussions on cryptos. I then joined so that I could participate. I participate on other sites devoted to cryptos and found the discussion here not up to par. Bitcoin went live in Jan 09 (almost 10 years) so yes if you first addressed it 5 years ago you were late to the party. That is a fact of your own admission.. My point is that your focus kept you from getting the crypto revolution earlier. My opinion based on observation.
Clearly this is your site and you focus on what you wish to focus on. Also clearly criticism is not welcome here as evidenced by your somewhat insulting response. It is also evidenced by your treatment of Doug another long time member.
Well as for timing the Dow is currently down 600 so there will be great joy here I am sure.
“nothing changed to keep me regular.”
Chris and Adam’s site isn’t usually prescribed for that problem. Perhaps a dose of Metamucil or a glance at Asian markets at the moment might work. Good luck!
Snydeman wrote "Joy? Are you insane? NO ONE HERE wants this to come to pass. I think it is safe to say that every regular on this site would rather be living in different times.
Don’t confuse understanding and acceptance of what is, and what must come to pass, as celebration of the same.'
In terms of the bigger picture I completely share your sentiments. But with regard to a potential stock market crash I have to admit I will take considerable pleasure when various acquaintances and family get shocked in to re-evaluating what is actually going on.
Many simplistic thinkers rubbish the problem of growth and its inherent limits by citing the booming stockmarket. There’s nothing like a nasty financial shock to make people start to question the bigger context of what is actually happening
David Allan wrote:
In terms of the bigger picture I completely share your sentiments. But with regard to a potential stock market crash I have to admit I will take considerable pleasure when various acquaintances and family get shocked in to re-evaluating what is actually going on.
Many simplistic thinkers rubbish the problem of growth and its inherent limits by citing the booming stockmarket. There's nothing like a nasty financial shock to make people start to question the bigger context of what is actually happening
But I get your point, and it is well-made. =)
-S
cmartenson wrote:
This will be showing up in y/our personal lives more and more too as things continue to spiral out of control. The unease builds. Rats in a cage will pick on each other and fight the wrong battles. They can't diagnose the true source of the shocks they are experiencing, and so they lash out.
I looked her straight in the eye and retorted: “If you don’t want hard truths, I’d advise you not to talk to me.” I walked away knowing I had just lost a lot of social capital with people at the table. Later on, when two teachers who had been at the table told me one-on-one that they agreed with me and were also troubled by the trends, I realized that these conversations need to happen, no matter the labels some people put on us for doing so.
Keep pushing the message of the 3Es, if for no other reason than to tell people “I told you so!” as you turn them away from your fully-prepped homestead after the SHTF.
Quite a difference between the US and Europe today.
Not to be too repetitive, I stick with what I can depend on! This is one of many growth stocks.
Markets powering higher are frustrating to endure? Really? it sounds like a good opportunity to make some money so you could buy some batteries. I don;t know whether there was any advice to buy equities when the Dow got into the 5000 range but now that it is well over 26000 it seems that that would have been a valuable bit of foreknowledge to have.Some posters come to contribute materially to our group. Others come to extract emotional responses. Such people I call "trolls" even if they appear literate, well-read, and knowledgeable, because if their pattern of "contribution" appears to involve repeated attempts to extract an emotional response from the people here, that's trolling. Why do people do this? I have no idea. Best I can conclude is, some people are just instigators. They love the emotional response they get. I'm guessing this gives them a dopamine hit just like facebook users get when they receive a "like" on some bit of content they've contributed. There are all kinds of people out there in the world. Once a troll has revealed himself, the only question that remains is, do you want to give the troll a dopamine hit? Or not?
Who knows, maybe you’re even right.
But we all get our dopamine hits (mine come very seldom, but not for want of trying).
I actually found mohommad’s comments to be valuable, within a limited range. He’s also a market player, and all these comments diversify the advice I hear.
What happened to Mark BC? I don’t do bitcoin, but I found his commentary also to be genuine, also to be valuable in a limited elliott-awareness way.
Point being, I ended up selling my pms just before this breakout, but buying some back… I make some mistakss, but I’m trying. problem is, there’s channels, and we have to see whether a channel breaks. Or the channel continues.
So technically, I think I was right. But the dopamine is NOT confirming. Blech. Go ahead and pass the dopamine to mohommed, would you? The biscuits are kindof dry.
My question on this topic is:
Since you have such insight into the markets, rather than gloating about OPM’s not invested vs your gains, what would you have these same people do now? And where were you 10 years ago?
I am no financial genius and appreciate the outrage shown by intelligent investors like Barry Ritholtz who condemn those who jumped out of the market at the bottom, but it seems cruel to me to rub people’s noses in it when they have no recorurse, after the fact, especially when the nose rubber has made a bucket load of money in the market. Maybe that is what Dave is referring to here. I don’t know.