Day: November 8, 2008

Notes from JWR:

We are pleased to welcome four new advertisers: Mara Helland & Co., P.C., PreparednessChristmasGifts.com, Carter Cutlery, and Milk on the Moove: Here are brief introductions: Mara Helland & Co., P.C. – Mara is a CPA that specializes in discreet accounting and tax services for clients throughout the US and for Americans ex-pats abroad. She works from her home in western Montana. PreparednessChristmasGifts.com – Offering a wide range of preparedness products. Carter Cutlery – Murray Cater is an Oregon-based master blade maker, who had 18 years of training in Japan. His knives are both eminently practical and pieces of art. Milk …


Letter Re: A Suggested Checklist for Preparedness Newbies

Here’s a beginner’s list I made for my [elderly] father today: Food {Brown pearl] rice does not store well. Neither does cooking oil so that needs to be fresh. No, Crisco doesn’t count. Coconut oil would be your best bet. Wheat berries – 400 pounds – bulk order at your local health food store Beans – 400 pounds – bulk order at your local health food store Mylar bags Spices Salt Country Living grain mill propane tanks, small stove and hoses to connect freeze dried fruits, vegetables, eggs and meat if you can find them. Water 500 gallons of water …


Letter Re: Deflation Possibly Followed by Mass Inflation?

Jim, I believe that we are in for deflation, not inflation. A simple error that most people make when considering this topic is language related: When discussing actions of the Fed they talk about ‘printing’ money. Well, the Fed (actually the Treasury) hardly ‘prints’ any money at all. In Zimbabwe they print money. Lots of money with lots of zeroes. Here, they just increase the number of zeroes in a computer. The difference is profound. When there is a lot of currency floating around then people use it to buy stuff. More currency with higher values means more currency chasing …


Odds ‘n Sods:

“Nines” sent us this: Another Friday, Another Bank Collapse.    o o o You probably saw this announcement last month: Bush Calls Economic Summit for November 15. This could portend a new financial order announcement by the G20, either at this meeting or at their next one, early in 2009. I suspect that the US Dollar will lose its primacy as a reserve currency. As the Chartist Gnome told me “this will likely go far beyond ‘a new Bretton Woods.’” A country with these numbers, and these numbers, and these numbers, and these numbers cannot negotiate from a position of …


Jim’s Quote of the Day:

‘If we find our government in all its branches rushing headlong… into the arms of monarchy, if we find them violating our dearest rights, the trial by jury, the freedom of the press, the freedom of opinion, civil or religious, or opening on our peace of mind or personal safety the sluices of terrorism, if we see them raising standing armies, when the absence of all other danger points to these as the sole objects on which they are to be employed, then indeed let us withdraw and call the nation to its tents. But while our functionaries are wise, …