Oikos Update 5/29/12

It seems like the lettuces in my garden have been winding down, but still coming in. My spinach is almost entirely bolted, my remaining mustard greens will go shortly and a couple overwintered collard greens have bolted. C’est la vie. I’m enjoying fresh salads from the garden while I can. I’ve been plucking a few beets, radishes, turnips, parsnips and carrots here and there and eating greens (swiss and rainbow chard, kale, mustards, collards, beets and turnip) just about every day, which is nice. Within the past week I’ve harvest a ton of snow peas and I’ll probably start freezing them, just like I did last year. Actually, I still have some frozen snow peas from last year. My fennel is looking good, there’s a few volunteer tomato plants from compost starting up that I’ll let take their course, the tomatillos are looking vibrant and we put in a few bell pepper and eggplants within the past week or so. The strawberries have been coming in as well and I think we’ve probably picked about a pint or two from our whiskey barrel planters. The new mini-orchard is starting to take off as well.

On the herbal front, I’m getting some things sown from seed coming up. My dill is going nuts and I have all the oregano, chives and catnip I need. Basil, peppermint, chocolate mint, cilantro and parsley are at the point where I can use them, but I have to be a little careful. Everything is looking better after this weekend’s rain and sun.

We had the first official CSA delivery last week, which was nice and a good supplement to what we’ve been getting from our garden. Got some radishes, spinach (which was nice with ours just having bolted) and lettuce.

I just finished Currency Wars: The Making of the Next Global Crisis (Portfolio) by James Rickard yesterday, which I’ll probably review shortly. Just started on A Gift to My Children: A Father’s Lessons for Life and Investing by Jim Rogers, which will be a quick (and insightful!) read.

Silver has been down lately, in the neighborhood of $27-$28. I’m thinking about buying, but I have a feeling that turmoil in Europe could cause the dollar to go up a little more and send the price of metals down a little more. Based on where the prices have been over the past couple years, this isn’t a bad time to buy. We’ll see what happens. If I buy now or at $24 (just speculating…), I still think it’s a good mid/long term play regardless.

I bought a few shares of Herbalife (HLF) earlier this month when the price tanked based purely on a few comments by David Einhorn and the prospect of him making a few more comments about that business. So far the price has been level at about what I paid for it, but nothing has actually changed with the business so I’m anticipating that it will climb up somewhere back in the neighborhood of $75 in the near future. That hasn’t panned out yet, so we’ll see how that foray into swing trading works out for me. Fortunately I don’t have a ton of money on the line that this will make or break me, but enough that I don’t want to lose it. I might just have to hold on to it a little longer than I wanted to.

Murray now looks like a big dog:  

He’s earned the nickname “Honey Badger” or “Badgerius” (saw the Improvised Shakespeare Company recently who used this name for a character) due to his behavior and appearance.   http://www.youtube.com/watch?v=4r7wHMg5Yjg

Also, yesterday was Memorial Day.  I try to be thankful every day that I’m on this earth and make the best of it in honor of my comrades in arms that never made it back home.

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