Day: January 5, 2008

Two Letters Re: Grain Storage and Preparation

Sir; We have what may be stupid question, however, we do not know how to grind wheat. We would like to ask how to prepare wheat for cooking and use.We have searched your great site but I did not find the answer on this. We would like to take advantage of this inexpensive food. Thanks so much . Your work is appreciated. – EG   Mr Rawles, My family and I are doing our best to prepare for the tough times ahead. Something’s brewing, I’m sure we all can feel it. One thing we’d love to keep a store of …


Letter Re: Strategies for Saving a House in a Foreclosure Situation?

Hi Jim, Are there any strategies, (i.e.- negotiations, dickering, etc…) that you can recommend for a after a TSHTF situation in which the government has raised taxes so much that you are hinging on hanging on to your retreat? Any examples that worked back in the 1930s? I know you can relate due to your family’s history that you have spoken of. What could we do as a plan to save our properties? Who can we expect to knock on the door, (i.e.- what entities)? Do you think there will be more motivation to seize productive ground? Do you think …


Letter Re: The Precious Metals Bull Charges Onward

Jim- You noted gold reaching an all-time high on Wednesday the 2nd of January. But this writer says: “I’m not really sure how all the ‘Gold at 27-year high’ headlines came to be, but my own calculations tell me that gold would have to break at least $2,400 an ounce [adjusted for inflation] to break its supposed 27-year high.” If that argument is accurate, perhaps it is not yet time to think about getting out of gold 20% at a time just yet. – Robert B. JWR Replies: The “adjusted for inflation” calculations on the real value of gold are …


Odds ‘n Sods:

Eric S. sent this one: Deadbeat America: Late Payments Soar. It is not reassuring to see that late payment rates are spiking in relatively “good times” with an employment rate that is just starting to falter. Obviously American consumers have collectively gone deep into debt. In the next recession we will undoubtedly see unprecedented delinquency and default rates, followed soon after by a spike in personal bankruptcies. Oh, but wait a minute, US bankruptcy laws have become less lenient.    o o o And Eric also forwarded us this: Americans Sold Out to Foreign Firms at Record Rate    o …