Note from JWR:

This is last day! The big 25% off special on Mountain House and Alpine Aire freeze-dried foods in #10 cans, offered by Ready Made Resources ends tonight (Saturday, February 14th.) To do better than any competing offer, they are offering free shipping on case lots, and are including some free bonus items with each order. This sale ends at midnight tonight, so be sure to get your order in immediately!




Letter Re: Gold and Silver Coins as an Investment

JWR: Christopher W. asks a very good question, “should you buy gold and silver coins as an investment?” I think this brings up the point that there are really two uses for gold and silver, as an investment and store of value and as a barter/trade item to facilitate commerce. Unless you want to overpay for an item, you will need change, which for every day purchases is provided by smaller silver coin. A friend on Wall Street put it this way “what are you going to do, chip a piece off a gold brick to buy some food?” Smaller …




Two Letters Re: Denominating in Time Versus Dollars

Sir: I bought a cross cut saw on eBay and was wondering how one might sharpen and care for it. I was directed to a USDA Forest Service web site that has a 30 page downloadable document all about cross-cut saws, their use and care. And it is free! Supposedly it is one of the best resources around on this particular topic. Kind Regards, – Jay Jim, The note from SF in Hawaii about the cost of barley versus the work to produce it made me think of one of my favorite tales from Laura Ingalls-Wilder’s book, “Farmer Boy“, about …




Economics and Investing:

It is noteworthy that spot silver and gold prices have remained fairly solid near their six-month highs, despite the IMF’s saber rattling move of announcing 403 metric ton sale of gold.: This is evidence that wise investors have not been fooled by all the governmental and bankster blustering and that they will continue to shelter more of their assets in tangibles. “The Other Jim R.”: flagged this must see: video link: ‘Worst economic collapse ever’. (Don’t hold back, Mr. Celente, tell us how you reallllly feel!) For those readers that don’t have a fast Internet connection, Matt B. mentioned that …




Odds ‘n Sods:

J.H.B. sent us the link to this update at the Gun Owners of America (GOA) web site: Firearms Legislation in the 111th Congress. (a good page to bookmark.) Readers should note that H.R. 45 currently has little support (it is not gathering co-sponsors) so at least for the present time please don’t expend too much time organizing and letter writing about this bill.    o o o John C. sent us this article, which has some implications for survivalists that foresee a breakdown in law and order, and large, organized gangs of looters: Congo town mounts own defense against rebels …




Jim’s Quote of the Day:

“It will not be enemies at the gates who overwhelm the American empire. It will be the army of politically armed economic dependents inside the gates. Granny will bring it down. If you want a mental picture image of the end of American empire, imagine a man dressed in uniform, holding an automatic rifle, being pelted mercilessly by an old lady who is beating him over the head with her handbag.” – Dr. Gary North