Month: October 2007

The Falling Dollar–Sheltering Your Assets in Steel and Alloy Tangibles

In a recent e-mail, SurvivalBlog reader Mike the Blacksmith mentioned two articles that confirm what I’ve been saying for several years–that the US Dollar is headed for further significant collapse in foreign exchange: Jim Rogers quits dollar after declaring US recession, and IMF chief warns dollar may suffer ‘abrupt fall’. The latter article is frightening. It is noteworthy that since the first month that SurvivalBlog went live (in August of Aught Five) I have been warning readers to minimize their exposure to dollar-denominated assets. Instead, invest in tangibles, tangibles, tangibles! Other than silver, and productive rural land that could be …


Odds ‘n Sods:

Desert T. sent this article from las Vegas: Hot seller’s market shifts into reverse — Upside-down sales picture won’t change soon    o o o The Army Aviator notes: “On Sunday, the US Dollar Index dropped -0.25 to 76.98. What a Sunday! Did you see the Euro go to 1.4498 [ to the US Dollar]? That’s darned near 1.45, huh? What a day.” JWR Adds: The opening bell in the US market on Monday morning should be very interesting. It is also no surprise that the price of gold just spiked in Asia.    o o o Frequent contributor RBS recommended …



Note from JWR:

Please keep spreading the word about SurvivalBlog. Consider this: Every friend, neighbor, and co-worker that you get motivated represents once less individual that will arrive begging on your doorstep, come TEOTWAWKI+1. So it is in your own best interest to spread the word. Links to SurvivalBlog at your personal web page and/or in your e-mail footer would be greatly appreciated.


Letter Re: Gold is Going Up, But is Now a Good Time to Buy?

Jim, I am going to become a 10 Cent Challenge subscriber before the end of the month because the information provided in SurvivalBlog is invaluable and has forever changed my way of thinking! I have been a reader for about a half year and have seen the topic of gold come up several times. Gold is apparently at a 28 year high and the desire to get invested from my personal standpoint is high but my question is do you see gold leveling out or continuing its upward trend? The other part of the equation is I am young father …


Letter Re: Influenza Exercise Shows the Potential for Major Infrastructure Disruptions

Jim: I thought you and your readers might be interested in this flu pandemic exercise recently carried out by financial services firms. An article in Computerworld describes the scenario: “If a pandemic strikes the U.S., it will kill about 1.7 million people, hospitalize 9 million, exhaust antiviral medications and reduce basic food supplies…”, and, “Among the other things that may happen in an actual pandemic are school closings, as well as blackouts or brownouts in major metro areas because of degraded service as a result of absenteeism. Internet service throughput could be reduced by 50% due to congestion, and Web …


Letter Re: Thoughts on Defensive Handguns

Dear JWR: I have been reading SurvivalBlog for about a month and I really enjoy it a lot. One subject came to mind that I thought was worth discussing. That area is the [Colt Model] 1911. It is worth saying that I find the term combat tupperware incredibly amusing, as a Glock owner. I do not know what kind of high end custom 1911s people are talking about when they say it is necessary to spend $2,000 to get this platform to be functional. I bought a Springfield [Armory] Mil Spec .45 for about $535 and it works fine though …


Odds ‘n Sods:

Will the house-flipping contrapreneurs on both coasts of the US soon be in Deep Schumer? Reader Charley S. sent us this snippet from The Daily Reckoning: “Two million homes will go into foreclosure in the next two years, if home prices continue to slump, said a report released by Joint Economic Committee Chairman Senator Charles Schumer.”    o o o Jason flagged this one: US lacks enough labs to test for contamination if a ‘dirty bomb’ explodes in a major city    o o o A hat tip to SJC for sending this: Report: Oil production peaked in 2006, will …




The Game, by Oliver Velasquez

In the past 25 years interest rates have fallen from as high as 15% to as low as 1.25%. During this time our economy has gone through different cycles, everything from stagflation, recession, to historic bull markets, and real estate booms. Today, in my opinion, we are living one recession away from a massive depression which can be credited to the Federal Reserve’s monetary policy. Historically, it’s never been a good sign to have both gold prices and the stock market trade at such peak levels like we have today. During the past ten years we have gone through a …


Letter Re: Phases of the Moon and Deer Hunting

James, Ungulates (cattle, deer, antelopes, camels, deer, goats, pigs, sheep, as so forth) daily routines are keyed to the moon. People’s routines are keyed to the Sun. The moon cycles each 28 days, the sun in 30 or so days. Each day, the sun is always somewhere near high noon, i.e. 50% past sun-up, at 12:00 sun time (duh). However, the moon can be at ‘high noon’ in moon time at any given hour, i.e. at 9:00 a.m./3:00 p.m., etc.—because the moon has a shorter cycle. Recent satellite telemetry studies on collared white tail does and bucks across North America …


Odds ‘n Sods:

Eric Fry from The Rude Awakening penned this about Citigroup’s recent SIV accounting shenanigans: SIV Positive.   o o o Hawaiian K. and The Army Aviator both recommended an alarming piece of commentary on silver storage from Ted Butler: Money for Nothing. My favorite quote from the article: “I found it appalling that Morgan Stanley would claim to store silver that didn’t exist and even have the chutzpah to charge for the storage.” As I’ve often written: there is no safe and sure substitute for in-home storage of precious metals . Any other method–be it shares, or certificates, or “bonded storage”, …



Notes from JWR:

A reminder that the special “six pack sale” for autographed copies of the latest 33 chapter edition of my novel “Patriots: Surviving the Coming Collapse” will end in just five days. The sale price of a box of six books is still just $90, postage paid. (Normally they are $24 per copy, but during this sale you get six autographed copies for $90, mailed in a Priority Mail Flat Rate box, sent to anywhere in the United States, including APO/FPO addresses.) This sale ends on October 31st. This is your chance to buy some extra copies for Christmas presents. Note …