Note from JWR:

Congrats to M.G., the high bidder in the SurvivalBlog Benefit Auction that ended last night. I’ve decided to at least temporarily discontinue the auctions, since a few readers have complained that my mention of the auction bids is too distracting and “too commercial.” If you’d like to support the blog in other ways, see our Support page. Thanks!




Letter Re: Which Form of Precious Metals?

James, My experience with [US Mint] Silver Eagles is similar to your description [of their lack of widespread recognizability]. I traded 1 silver eagle for some merchandise at $20 USD per Eagle. The person was happy. I explained to them that this was 1 oz. of silver and at the time of the trade it was equal to the amount that I told them. A few days later I went back seeking to trade again and they told me that since the face value [marked] on the coin was $1 USD that it was all the value they would exchange …




Adios to Naish Piazza, But Perhaps Not to Front Sight

This news article was published yesterday: Business as Usual? Front Sight Assets Seized. Please take the time to read it. I haven’t yet been in touch with the new management at Front Sight to get any additional details. Last night, I dismissively posted a piece to SurvivalBlog, castigating the plaintiffs in this case. But then I spent several hours later last night doing web searches about the various Front Sight lawsuits, and it was an eye opener. Up until yesterday, I had thought that only one of the lawsuits had any merit, and that Naish Piazza was merely a convenient …




Economics and Investing:

Dimitri Orlov on The New Money (A hat tip to Ruby and Vlad’s Mom) The truth escapes the lips of BHO: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ I’m praying that he does the right thing, but given the composition of Big Government/Big Taxes/Big Deficits policy wonks that were picked for his Cabinet, I have my doubts. Thanks to B.H. for this video link: “The Worst Is Yet to Come”: If You’re Not Petrified, You’re Not Paying Attention GG sent us this: China’s yuan ‘set to usurp US dollar’ as world’s reserve currency Items from The Economatrix: Even BoE Has …




Odds ‘n Sods:

KAF flagged this article: U.S. Has Plan to Secure Pakistan Nukes if Country Falls to Taliban    o o o Jason mentioned that Ammoman is selling brand new original Colt-made 30 round AR-15 magazines for about the same price that most gun show sellers are charging for generic USGI contract magazines.    o o o Cheryl saw this video clip and recommended it: Lou Dobbs: Obama Pushing Anti-Gun Treaty




Jim’s Quote of the Day:

“Whole nations depends on technology. Stop the wheels for two days and you’d have riots. No place is more than two meals from a revolution. Think of Los Angeles or New York with no electricity. Or a longer view, fertilizer plants stop. Or a longer view yet, no new technology for ten years. What happens to our standard of living?… Yet the damned fools won’t pay ten minutes’ attention a day to science and technology. How many people know what they’re doing? Where do these carpets come from? The clothes you’re wearing? What do carburetors do? Where do sesame seeds …