Economics and Investing:

Jonas sent this: GLD ETF Warning, Tungsten-Filled Fake Gold Bars GG flagged this: China: Loose US Policy, Weak USD Creating Speculation From Pamela E.: Arrogant Fed hasn’t learned a thing Items from The Economatrix: White House Aims to Cut Deficit with Unspent TARP Money AIG May Tap Credit Line as Commercial Paper Expires Japan Derivative Market Unraveling If You Thought the Housing Meltdown was Bad… The Midnight Food Line at Wal-Mart. There are American families who aren’t eating at the end of the month and are literally hitting Wal-Mart at midnight, as soon as their food stamp benefits hit their …




Odds ‘n Sods:

Yishai spotted a link to New Scientist, posted by Glenn Reynolds, over at Instapundit: Mini ice age took hold of Europe in months    o o o Steve S. mentioned a recent article in The Detroit News that briefly quotes JWR: Apocalypse now: Armageddon scenarios reach fever pitch    o o o SurvivalBlog’s British-born Editor at Large Michael Z. Williamson mentioned this incredible news story from Nanny State Britannia: Find a gun, go to jail.    o o o For the OPSEC-minded amongst us, Ron A. suggested this article with umpteen links: Web World Wide — 50 Free Internet Tools …




Jim’s Quote of the Day:

“I, for one, do not trust Congress to be in charge of monetary policy. But I do not argue that the Federal Reserve System should maintain its independence from the Federal government. I maintain that it should be made completely independent of the Federal government: cut loose and left to fend for itself, just as the Second Bank of the United States was in 1836. It went bust. I am not so naive as to imagine that this will happen in my lifetime, short of a true social collapse in which several million people die because of the collapse of …




Note from JWR:

A special two-week 25% off sale on canned Mountain House foods began this morning (Sunday, November 15th) at Ready Made Resources. (One of our most loyal advertisers.) For even greater savings, they are offering free shipping on full (unbroken) cases lots. But because of the higher handling costs, if you “mix and match” cans within cases, shipping will be charged.




Letter Re: Legality of “Law Enforcement Only” Marked Full-Capacity Magazines?

Hello, I just had a quick question, I recently purchased a 100 round BETA C-MAG from a man at a gun show, but there are markings on the front that say “For Law Enforcement/ Government Use Only” . Does this mean I should not have bought it? And what should I do with it if it’s unlawful to have? Please help, – Peter B. JWR Replies: Your drum magazine was produced sometime between 1994 and 2004, during a time when production for civilian sales was banned in the US. But that restriction marking became null and void after the 1994 …




Letter Re: Home Hot Water Heater Tanks as an Emergency Water Source?

Dear Jim, In all the posts I have been reading about storing water, I wondered if a typical home hot water heater could be used as a source of stored water in an emergency or TEOTWAWKI. Containing about 50 gallons in a glass enclosure, could that be considered a source of water, if [civic supply tap] water was not available or had run out? I’d be interested to hear your readers’ responses.- Diane G., Springfield, TN JWR Replies: Yes, the water in your home’s hot water heater is a good source of emergency water, if your utility water is ever …




Two Letters Re: Wound Irrigation in Austere Environments

Hello James, Regarding wound irrigation, wound preps, surgical site prep, etc., folks would do well to purchase a gallon each of Betadine, Povidone, or other generic tamed iodine, in both the scrub and solution formulations. These are not terribly expensive and one likely could talk his/her Veterinarian into getting some for them, as they are not controlled substances. [JWR Adds: They are also available in the vet supply department at some of the larger feed stores, and via mail order and Internet vet supply companies like Jeffers.] These are concentrates and can be diluted, and used on wounds if the …




Economics and Investing:

GG mentioned this in The Wall Street Journal: Widest-ever October budget deficit (more than all of 2006) More Friday Follies, with the link also courtesy of GG: Bank failure toll reaches 123; Regulators close two Florida banks and on in California, costing the FDIC $986.4 million. Gold will stay above $1,000 an ounce forever, says Swiss Dr. Doom. (Thanks to Laura H for the link.) Items from The Economatrix: Drop in US Energy Use Drags Stocks Lower Jobless Claims Fall, But Hiring Gains Seem Far Off Buffett, Gates Tell Students Worst is Behind Us. Gee, Happy Days are Here Again. …




Odds ‘n Sods:

Cheryl (aka The Economatrix) mentioned that Sun Tzu’s Art of War (Sonshi’s translation, not the Giles edition) free on-line. Be sure to check out the Strategy Course.    o o o I found this linked at The Drudge Report (a very good news aggregation page that I scan at least once a week): Asteroid passes just 8,700 miles from Earth – with only 15 hours warning    o o o Also from Drudge: Cuba orders extreme measures to cut energy use. An energy saving tip for Papa Fidel: You could save half a million watts, if you just pull the …







Note from JWR:

Today we present another entry for Round 25 of the SurvivalBlog non-fiction writing contest. First Prize: A.) A course certificate from onPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. (Excluding those restricted for military or government teams.) Three day onPoint courses normally cost between $500 and $600, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) and C.) A HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.) Second Prize: A “grab bag” of preparedness gear and books from Jim’s Amazing …




Fire Suppression for the Present, and for Post-TEOTWAWKI, by Keith H.

In the various TEOTWAWKI scenarios there will probably be no organized fire companies to help out the survivors with timely a fire suppression response. Here are some simple and low cost solutions that individuals can do to suppress and fight fires that are type A fires such as paper, cardboard, wood, cloth, plastics etc. Do not fight other fire types with water . Search engine “fire extinguisher types” to learn more. [JWR Adds: You should keep at least two 10+ pound A-B-C fire extinguishers in your home, for fighting grease, chemical, and electrical fires.] In many homes there is currently …




Letter Re: An Alternative to COSTCO for Storage Foods

Dear Mr. Rawles, I have just ordered your preparedness course. I can’t wait for it to get here. I’ve been reading your blog for about a year now and it has changed the way that I look at everything. My husband is slowly getting on board with the preparedness thing, but he has a long way to go. Our house burned down over 2-1/2 years ago and we have been fighting the insurance company and contractors ever since. We still live in a trailer so I don’t have much space for storage. But, we have found many places to hide …




Seven Letters Re: How Can I Make and Store Dog Food?

Mr. Rawles, My husband’s grandmother often told about her busy days during the depression, raising seven kids with almost nothing. At the end of her busy day, while cooking supper for her family, she had to make two or three pans of cornbread to feed her husband’s hunting dogs. The dogs were valuable because they helped her husband bring in rabbits and squirrel which sometimes were the only meat the family ate. I’ve always figured if I could no longer afford dog food, I would try Grandma’s cornbread solution. – S. in Indiana Sir, One way to feed your dogs …




Economics and Investing:

Ben M. mentioned a recent Wall Street Journal article: World Tries to Buck Up Dollar B.B. sent us the link to a television segment with Peter Schiff, in which he suggested gold might rise to $5,000 per ounce. “There is not top [for gold], because there is no foreseeable bottom for the dollar.” GG suggested this: China facing risk of debt-fueled crash Items from The Economatrix: Single US Banking Regulator Proposed Financial Crisis Made in West Hits East Hardest Dollar Falls to 15-Month Low Despite US Support UK: BofE Government Dampens Recovery Outlook NY State: We’ll Be Broke Before Christmas …