Quoting AllAfrica.com, economist Richard Daughty (a.k.a. “The Mogambo Guru”) commented on the dire straits of the hyperinflated Zimbabwean dollar: “…in local currency, ‘current gold producer price stands at Zim$16,000 per gram.’ This is the producer price, which works out to Zim$497,655.63 per ounce.” The Mogambo notes that the Zimbabweans that invested in gold back before the currency inflation began in earnest are now thankful for their foresight. My observation: Someday you may be similarly thankful. Just plan ahead. If you haven’t done so already, diversify your investment portfolio into gold and silver. Sleep soundly.
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S.F. in Hawaii mentioned two bits of McGyver that he found on the Internet: Video on how to re-build dead laptop battery packs, and another video on how to make a whipped cream can secret safe that you can leave in your refrigerator.
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Apparently, the South African 7.62mm NATO ball ammo currently on the U.S. market was diverted from intended destruction as scrap metal. The CNN reporter makes it sound like some horrendous crime. But our kids here at the Rawles Ranch are benefiting from that surplus South African ammo. It would a shame if it had been run through a popper and melted for scrap. My advice: stock up, because obviously there won’t be any more imported.