Month: January 2006

Jim’s Quote of the Day:

“Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost…A money-financed tax cut is essentially equivalent to Milton Friedman’s famous “helicopter drop” of money.” – incoming Federal Reserve Chairman Ben S. Bernanke, Deflation: Making Sure ‘It’ Doesn’t Happen Here (Remarks to the National Economists’ Club, Washington, DC, Nov 21, 2002)


Note From JWR:

We will be announcing the winner of Round 2 our non-fiction writing contest on February 1st. The prize is a four day course certificate at Front Sight. I greatly appreciate your e-mails, folks.  Please keep them coming.  They are what make SurvivalBlog great.  Your collective knowledge is phenomenal.


More About Silver’s Imminent Price Explosion

Yesterday on SurvivalBlog (27 Jan.06) , I posted my take on the Iran situation and correlated it to the precious metals market–and silver in particular. Since then I’ve had two different readers e-mail to ask why I’m so sure about an imminent jump in the price of silver.  Here is some useful background: World silver inventories have fallen to less than 600 million ounces–far below the 1.4 billion ounces that was on hand in 1991. The silver market is incredibly thin compared to the gold market. That is one reason that silver prices trend to be more volatile that gold …


Paratus Farms Project Update

Here is an update on my retreat community land deal in the Inland Northwest: We could not come to agreement over terms of the sale. The seller has decided he wants a cash offer.  If the situation changes, I will post an update. At this point, all that I can hope for is that a "white knight" will step forward and take over the project, or lend me the cash needed. But for now, the land development project is on the back burner.


Letter Re: Questions on Petromax Lanterns (and Clones Thereof)

Jim: This time I’m the one asking questions: Petromax lanterns. Okay, I know about the upgrades all the way thru BriteLyt, etc. One comment, based on what I read at the Walton Feed website: http://www.waltonfeed.com/petromax.html. They don’t recommend the cooking surface that fits on top of the lamp. Best to read their comments directly. Now there are some good, should I say copies?, but what I’m curious about is the Candle Power/Lumens of the various lamps. The 500 generally is considered to be equal to a 100 watt light bulb. There is a 350 candle power (CP) mantle and a …


Odds ‘n Sods:

The U.S. Army plans to introduce new “Compressed Meal” (CM) freeze dried MRE alternatives. These will be about 2/3s the size and weight of the current MREs. See: http://www.dcmilitary.com/navy/seaservices/10_53/national_news/39293-1.html   o o o There was a recent report that the strain of Asian Avian flu that has made its was to Turkey is alarmingly similar to 1918 strain. See:http://www.canada.com/vancouversun/news/story.html?id=34224cff-120f-4d19-bd6c-526d264833f7&k=15148   My advice:  In case this bug mutates into s strain that is easily transmitted from person to person, be ready to self-quarantine for six months or longer, folks!  This will require a big pile-O-logistics!     o o o Some good …



More On Precious Metals, The Iranian Nuclear Situation, The Iranian Oil Bourse, and the New Silver ETF

I’ve had more than a dozen e-mails from SurvivalBlog readers in recent weeks regarding Iran’s plans open a new oil bourse in March that will be denominated in Euros. Meanwhile there is lots of saber rattling going on, regarding Iran’s nuclear program–leading to the prospect of an Iranian oil embargo, which could of course mean very bad things for the U.S. economy. I have no idea how these two semi-related situations will play out. I’d be a fool to say that I knew. Aside for a few Ayatollahs, nobody knows. All that I can tell you is that these situations spell …


Product Review: Safecastle’s New Compact “ScramKit”

A SurvivalBlog reader in Montana recommended that I take a look at the new compact “ScramKits” being offered by Safecastle. I must say that I’m impressed. They pack a lot of survival gear into a very small space. Their “Responder Personal” kit is in effect a miniature “Get Out of Dodge” (G.O.O.D.) kit or “bug out bag” (BOB) that you should keep in your car’s glove box or center console box at all times. This kit fits in its own heavy duty belt pouch (available in three different colors) with ALICE/MOLLE attachments  I think that the ScramKit makes the ideal …



Precious Metals Update

You may have noticed that yesterday gold briefly touched $565 per ounce and silver hit $9.44 per ounce and stayed there. Methinks this bull market is just getting started! Aside for some doldrums this summer (since summers are typically quiet for the metals markets), you can expect a choppy but generally upward (stair-stepping) path for the precious metal prices through the rest of the year. The 90 and 120 day moving averages (DMAs) point to the bull market trend to continue WELL in excess of the rate of inflation. There is even the chance of on “upright spike” in the …


David in Israel on Fire Suppression and Fire Fighting

For those with a real retreat in the forest or high desert a more pressing need than complete firearms battery is fire suppression. If you miss my point here, I believe that many survivalists confuse their gun hobby with serious survival preparations. If the massive combined fire suppression ever stops for even a year massive fires will rip across the United States. Fuel loading from over 70 years of fire suppression and no natural burn-off has made conditions ripe for fires never seen before in North America.  Even if your only survival concerns are foreign invasion or occupation expect fire …


Letter Re: Stocking Up on Shoes and Boots for Survival

Jim:  Two words say it all: SHOE GOO.  I snipped the following description from a retailer online: “Shoe Goo is a clear adhesive and sealant that easily and permanently repairs all types of footwear. Apply it directly from the tube to worn out areas, allowing it to harden overnight. Shoo Goo adheres to all kinds of materials, so use it to mend rubber soles, tears in canvas or leather tops or to stop shoelaces from fraying. It dries to a waterproof, flexible rubber, so it will repair waders and boots without breaking or cracking under stress. Commonly used to cover …


Odds ‘n Sods:

“Eric”, a former charter airline pilot and computer programmer publishes an interesting albeit sporadically updated self sufficiency blog: http://www.selfsufficientfamily.com/   o  o  o If you fall into the Club of Rome school of thought on the potential for a major whammy multi-generational societal collapse (See Roberto Vacca’s  book “The Coming Dark Age“), then you might find this site interesting: http://anthropik.com o  o  o Two interesting web sites with some useful MicroHydro power info were recently mentioned in a discussion over at the Survival and Preparedness forum at The FAL Files.  See:   http://microhydropower.net/index.php and http://www.utilityfree.com/hydro/ (Scroll down to see their …


Jim’s Quote of the Day:

“The more I learn about people and society the more I love guns and explosives. Guns and explosives are more understandable, more predictable, and less hazardous.” – Joe Huffman (Joe is one of the chief organizers of Idaho’s annual Boomershoot. See: http://www.boomershoot.org/  Also see Joe’s wonderfully addictive blog: http://blog.joehuffman.org/