Note From JWR:
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Day: November 4, 2006
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Letter Re: Thoughts on Investing, by Michael Z. Williamson
Dear Jim, I’ve been following the investing threads and would like to weigh in. The first item is to consider what emergency your investments are for. A collapse of order or society could make ammunition and other tangible hard goods very valuable. Conversely, an economic collapse could predate that by years (see Germany during the Depression), in which case freehold real estate and bullion are much more useful. Some people are stating that “X will be worthless,” but that all depends on the scenario. To assume that one and only one disaster will happen, and will happen within a set …
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Letter Re: The Tiny Homes Concept
Jim, I was browsing thru one of the much-visited “preparedness” newsgroups, and saw a link to the Tiny Homes web site. Needless to say, I am unable to personally buy into that sort of thing, however, but perhaps you and/or a great-many people who read the/your blog may find some use from that site. Cabins as small as 10 x 12 foot, easily (diesel-powered pickup of medium to upper sizes) towable, wired, etc., etc.,…. think of the possibilities. – Ben JWR Replies: Being a well prepared individual is unfortunately synonymous with a lot of logistics. Just ask any for the …
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Letter Re: Advice on 5.56mm, Versus 6.8mm, Versus 7.62mm Rifles?
Sir: I’ve been a member of a survival retreat group for about a year. A member told me to contact you. I am finally going to purchase a rifle (not for hunting). I read where the [U.S.] military is really unhappy with the 5.56 and the possibility of changing to the 6.8mm Remington. I like the idea of something larger than the 5.56mm and smaller than the 7.62mm. Is it possible the military will make this change and how soon? I am only going to buy one rifle. What are the disadvantages of buying the 6.8mm? Sincerely, – R.S. JWR …
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Odds ‘n Sods:
Are you planning to put a pair of walkie talkies under the Christmas tree this year? My #1 Son recently mentioned: “Why should people get their kids cheap 500 milliwatt ‘toy’ walkie talkies, or even 1 watt FRS radios when you can instead get them more practical 2 watt MURS radios? That will be a gift that they can keep and use in their adult lives.” (I think that he was broadly hinting that he wants a pair for himself.) o o o A reader penned this thank you: “I just got another 100% Merino extra fine wool sweater …
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Jim’s Quote of the Day:
“Do not try to live on your enemies’ terms or to win at a game where they’re setting the rules. Do not seek the favor of those who enslaved you, do not beg for alms from those who have robbed you, be it subsidies, loans or jobs, do not join their team to recoup what they’ve taken by helping them rob your neighbors.” – Ayn Rand, Atlas Shrugged
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