Day: May 13, 2007

Note from JWR:

Today we present another article for Round 10 of the SurvivalBlog non-fiction writing contest. The writer of the best non-fiction article will win a valuable four day “gray” transferable Front Sight course certificate. (Worth up to $2,000.) Second prize is a copy of my “Rawles Gets You Ready” preparedness course, generously donated by Jake Stafford of Arbogast Publishing. I might again be sending out a few complimentary copies of my novel “Patriots” as “honorable mention” awards. If you want a chance to win the contest, start writing and e-mail us your article for Round 10, which ends May 30th. Remember …


Gold and Silver: An Ounce in the Hand is Worth 77 Million Ounces “On Account”

The recent seizure of eGold’s gold bullion holdings by the U.S. Government may have some more far-reaching unintended consequences. I predict that it might trigger some panic selling of holdings at the various “virtual” precious metals institutions. And it might even spill over to the fairly new gold and silver ETFs. This situation also illustrates a key point that I often emphasize with my consulting clients: There is no substitute for personally holding your precious metals in tangible form. Don’t trust any individual outside of your immediate family or any institution to hold your precious metals for you–not even in …


A Matter of Will, or a Matter of Inventory?, by George L.

I really enjoy sitting down and watching movies. What the radio once was to us as Americans, I believe the DVD player has become to us now. On any night of the week, people are gathered together watching movies together. That being said, The Usual Suspects is one of the most interesting movies around. I should warn you before I go further that it is not for the squeamish, or the easily offended. The subject matter is coarse, and the movie is unapologetically rough. However, there is one particular exchange that sticks with me to this day, and it’s been …


Letter Re: A Solar-Powered Atmospheric Water Generator

Jim: Good morning. The heightened awareness on SurvivalBlog surrounding sourcing pure drinking water, especially for the survival community, reminded me of information on this topic that I had wanted to send to your attention. There’s a bit of self-interest here, as the company is owned by my father-in-law, but the short story is that his entity is on the cutting edge of fresh water production from air. That’s right… he sells atmospheric water generators. Water Pure International is his company, it trades on the stock market under [the stock symbol] WPUR.OB (about $0.50 per share currently.) The machines are similar …


Odds ‘n Sods:

The Mogambo Guru speaks: Elements of the Dollar’s Death Knell   o o o Signs of the times? Fish die offs in the American southwest and in Idaho.    o o o From financial commentator Darryl Schoon: Depression, not a Recession, expected.    o o o A hospital emergency room in Atlanta, Georgia: “We’re at the Breaking Point.”


Jim’s Quote of the Day:

"Inflation has now been institutionalized at a fairly constant 5% per year. This has been determined to be the optimum level for generating the most revenue without causing public alarm. A 5% devaluation applies, not only to the money earned this year, but to all that is left over from previous years. At the end of the first year, a dollar is worth 95 cents. At the end of the second year, the 95 cents is reduced again by 5%, leaving its worth at 90 cents, and so on. By the time a person has worked 20 years, the government …