Day: December 10, 2007

Note from JWR:

Three days a ago we recognized Pearl Harbor Day. Tomorrow (December 11th) may be remembered as another “day that will live in infamy”–the day that the Fed torpedoed the US Dollar. You see, the Federal Reserve’s Board of Governors is meeting again, and as I mentioned in the blog last week, it seems very likely that the Fed will cut interest rates again. If it is a 50 basis point (or larger) cut, then it could kick off another huge round of global Dollar-dumping, and we might see the USD Index plunge into the 60 range. Coincidentally, there will be …


Letter Re: Extended Care of the Chronically Ill in TEOTWAWKI

Hello Jim, I am a 10 Cent Challenge subscriber and have looked at your site daily — great job! I have a medical background and would advise readers to consider what gear they will need if a friend, relative or team member becomes ill, hurt, disabled etc. The basic first aid supplies will not provide the level of comfort et cetera needed. We are talking basic nursing care, not “first aid”. Take care, stay safe and God Bless! – Dave T. JWR Replies: Thanks for bringing that subject up again. Aside for fairly some brief mentions (such as photovoltaically-powered CPAP …


Odds ‘n Sods:

Economist Peter Schiff comments on the US “teaser” interest rate freeze: The Mother Of All Bad Ideas. FWIW, I agree with Schiff, and I’ve previously warned of the perils of government meddling with the free market.    o o o By way of the recently revamped SHTF Daily web site: Moody’s Report Predicts House Prices Seen falling 30 Percent    o o o The special sale at Ready Made Resources for their Deluxe pocket-sized survival tool kit will end soon–once their on-hand supplies have sold out. I highly recommend this kit. Someday it may save your life, or the life …