Note from JWR:

There are just eleven days left in Round 2 of the SurvivalBlog non-fiction writing contest. The writer of the best contest entry will win a four day course certificate at Front Sight. (An up to $2,000 value!)  The deadline for entries for Round 2 is the last day of January, 2006. I also have some good news: Thanks to the generosity of Naish Piazza (the founder and director of Front Sight), we will be extending the writing contest for at least one more round! Round 3 will begin February 1st and end on the last day of March. We’ve already …

Letter Re: Surplus Ultra-Cold Medical Storage Freezers

I have been watching the U.S. Government surplus auctions for ultra-cold medical storage freezers. This one (“KELVINATOR, MDL: UC50RFMS, LAB REFRIGERATOR”) recently sold for just three hundred bucks. See: Not a bad price at all. I hope that it went to some frugal individual who will be using it for long-term storage in the event of TEOTWAWKI! I’ve become hopelessly addicted to the site. Keep up the good work. A 10 Cent Challenge check is headed your way. – T.K.

Eric Roseman’s Commentary on the Inverted Yield Curve

The following are some excerpts from some commentary by Eric Roseman that was included in a recent issue of  The Sovereign Society’s Offshore A-Letter: When the rate of return for short term investments exceeds that of long term investments (the yield curve “inverts”), it is generally a sign of bad economic times ahead. Over the last two years, investors have barely kept pace with inflation in benchmark intermediate term US Treasury bonds. After enjoying a massive rally since 2000, bond yields hit a 40 year low in 2003 at 3.3%. Despite thirteen Federal Reserve rate hikes since June 2004, bond …

Odds ‘n Sods:

There is some very useful information on battlefield survival skills at this static web site:  Much of this info is applicable for preparedness-minded folks like you and me. Take a look.   o o o Gary North quoted sage economist John Templeton as stating that when the housing bubble pops, real estate house prices might decline as much as 90%.  Dr. North is less pessimistic. My personal view is that as the housing bubble collapses, “Helicopter Ben” Bernanke will be simultaneously cranking up the printing presses. The net effect will be that your house won’t go down significantly in dollar …

Jim’s Quote of the Day

"On every question of construction, carry ourselves back to the time when the Constitution was adopted, recollect the spirit manifested in the debates, and instead of trying what meaning may be squeezed out of the text or invented against it, conform to the probable one in which it was passed." – Thomas Jefferson