It is interesting to see that the price of crude oil has drifted down to around $70 per barrel and because of growing supplies (there is actually a shortage of storage space!) it is expected to drift lower still in coming months. Meanwhile, the price of gold is holding solidly over $620 per ounce and the price of silver is advancing past $12.70. But wait a minute… The “experts” tell us that oil and precious metals have their prices “tied.” Obviously the silver and gold prices are telling us a different story. I think that the coming year will see some heart stopping action on the metals bourses. My recommendation remains unchanged: Sell most of your dollar denominated assets and buy tangibles. Silver is my favorite tangible. (Guns, ammo, and productive farm land are close behind.)
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NAIS Premises ID is being expanded to include gardens and orchards in Pennsylvania! Of course then it will not be just National Animal Identification System. It will probably be called the NRIS (National Resource Identification System) When a government starts identifying “resources”, watch out! Please spread the word about the insidious NAIS scheme. Write to your congressmen. (I know that it’s hard with the full implications of this program, but try not to sound like a lunatic when you are writing or talking.)
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Last week I received a sample of a plastic repair patch product called Rec Repair. It comes in a rigid plastic patch with an adhesive backing. The nifty thing about these is that the patches can be heated (for example with a MRE heater or a heat gun) and then formed to match various contours. The manufacturer says that it can be used to repair holes, cracks or tears in plastic, fiberglass, metal, resin, or composite surfaces. Rec Repair looks like a handy item for repairs on RVs or for other uses around a retreat. We plan to keep a few of these in our camping trailer.