Day: October 16, 2008

Note from JWR:

Congratulations to Dr. H., the high bidder in the monthly SurvivalBlog Benefit Auction that ended last night. Today we are starting a new auction for a mixed lot that includes: 1.) A huge lot of DVDs, CD-ROMs and hard copy nuclear survival/self-sufficiency references (a $300+ value) donated by Richard Fleetwood of www.SurvivalCD.com 2.) A custom-made, fully-stocked EMS Medic Bag from Cajun Safety and Survival (a $212 retail value) 3.) A NukAlert radiation detector donated by at KI4U.com (a $160 retail value) 4.) A case (6 cans, 96 ounces each) of Mountain House freeze dried foods in #10 cans, donated by …


Letter Re: Hope and Preparedness–A Budget Prepper’s Observations

James, The sheeple‘s fear is now electric. You can feel it bristle on your skin whenever you are in a public space. It is on the lips and in the hearts of any news-watching human. What about our retirement fund? How will we afford our regular bills? How will we feed and clothe the kids? There is a little warm spot inside me. The part of me that feels confident in our preparations. Tucked in every nook of our tiny, modest house, an ATM, a grocery store, pharmacy, garden supply plus clothing, shoe, sporting goods stores and all around trading …


Letter Re: What Happened, and What Should We Watch For?

Jim, Thanks for the awesome blog. I consider it essential reading every day, especially now considering the terrible situation we find ourselves in. You keep speaking of mass inflation yet we see oil and other commodities falling in price along with, sadly, our home values. In a recent post you also mentioned being able to buy classic cars at rock bottom prices, closely followed by hyperinflation. Can you explain for all of us how this can come to pass and some of the warning signs? Thanks, – DZ in Louisiana. JWR Replies: To clarify, I mentioned buying older, fuel-inefficient vehicles …


Letter Re: An Apology About Recommending Silver?

JWR:: Your repeated bullish calls on silver have been dead wrong. Do you plan on apologizing to your readers? – Jim G. Jim: An apology for what? For making people money? You aren’t looking at the big picture if you are only looking at the past few months. If you had invested in silver back in February of 2001 when I went on record and accurately called the bottom of the silver market, then you would have more than doubled your money, even with the recent sag in the market. I made that call within 36 cents of the absolute …


Odds ‘n Sods:

Paul C. spotted this article: Birmingham on the brink (of bankruptcy). Do you remember my warnings starting in January of 2008 about municipal bonds?    o o o John and Abigail Adams sent us the URL for a site on North American Indian Recipes.    o o o Does this word from the mainstream analysts sound familiar? This is from MarketWatch e-Newsletter (on October 14th): “Gold prices could hit $1,500 as global plans to rescue the financial industry are set to increase inflation pressures, according to analysts led by Francisco Blanch at Merrill Lynch. “The unintended consequence of the ongoing …


Jim’s Quote of the Day:

"The economic statistics put out by the U.S. government are propaganda, pure and simple. Issued by the government and the financial community, and reported by the mass media, the information we get has been manipulated to mold a public understanding favorable to the agenda of the powers that be." – Peter Schiff, "Crash Proof"