Day: June 9, 2007


Letter Re: Greenspan, Gold, and the Safe Store of Value

Dear Mr. Rawles, Regarding the use of gold as a store of value, it’s important to realize that gold often functions as a fiat currency. It does have intrinsic value for jewelry, electronics, rust-proofing, and some chemistry applications but the vast majority of its value comes from the shared expectation that people will accept it as being valuable in the future. The only difference from fiat dollars is that it’s harder – but not impossible – to increase or decrease the gold monetary supply, and that supply isn’t controlled by any government. In a disaster situation things get even worse, …


From #1 Son: Proposed Expansion of Designated Wilderness Areas a Cause for Concern

The House of Representatives is currently considering H.R. 1975, the “Northern Rockies Ecosystem Protection Act.” This is of interest to survivalists because it will be converting a huge amount of public land into “designated wilderness areas.” The affected land currently has roads and is open to public use. However, if the wilderness area expansion passes then public access use will be severely restricted. Many of you own or would like property with forest service land adjoining or nearby. With the act, all roads will be blocked off or removed, and hunting and wood cutting will be illegal. You will even …


Odds ‘n Sods:

As noted at NewsMax.com: Al-Qaeda’s American Recruit Releases Something Entirely New   o o o The “Where’s he Fence?” anti-illegal immigrant amnesty campaign picks up speed. Meanwhile, the immigration bill (including an amnesty provision) is stalled in the Senate. Could they be feeling the heat and seeing the light?    o o o A Canadian Member of Front Sight Purchases 100 Lifetime Memberships for Deserving US Marines