Day: October 20, 2008

Note from JWR:

In today’s first article, I digress from the usual fare in SurvivalBlog to discuss American politics. You may have noticed that I generally refrain from politics in SurvivalBlog. I only make exceptions for political issues that have a direct bearing on the preparedness and/or liberty of a good portion of the SurvivalBlog readership. Our overseas readers might want to skip reading this article. But be forewarned that in the nascent Second Great Depression, you might be faced with similar situations in your own countries.


Letter Re: Advice on Concealing Storage Food

Hi Jim, I’ve researched the net in vain trying to find a solution to this problem, which I suspect I share with a great many people now prepping. I’m hoping you can help. The challenge: Where to hide my food stores? My situation: I live 10 miles from a city of 80,000 in a residential neighborhood. I live at the foot of a small mountain—the area behind my house is woods. I don’t own all of this wooded property, but I’ve never seen the owner. I have significant stores of canned goods, dried oats and beans, flour, sugar, etc. I …


Odds ‘n Sods:

Matt in Texas recommended a piece by Sam Mathid posted over at 321Gold.com as a “must read”: It is Time    o o o Writing in a recent issue of The Rude Awakening, economic commentator Joel Bowman notes: “From October 10 through October 17, the Dow [Jones Industrial Average (DJIA)] swung a total of 2,225 points at five separate closes. Put another way, that’s an average daily swing, at the close, of 455 points. This is territory of a tumult as yet not encountered in the history of the market. Measured by the volatility index [VIX], otherwise known as Wall …


Jim’s Quote of the Day:

“…While every bank tries to pass the toxic parcel on to somebody else, the system has to find the money. So will compensation for the near valueless contracts and thus now uninsured debt ultimately be made – and by whom? And because nobody knows – not the regulators, banks or governments – who owns the swaps and whether they are credit-worthy, nobody can answer the question. Maybe holders of insurance policies will get the cash due to them, but will that weaken somebody else? The result – panic. This is the ultra-dangerous downward vortex in which the system is locked. …