Year: 2009


Notes from JWR:

There is some very significant news in today’s Economics and Investing section, so don’t overlook it. — Today we present guest article, some sage advice from veteran global affairs analyst by Don McAlvany, the editor of the highly-recommended McAlvany Intelligence Advisor. You’ll see that it synchs nicely with my own preparedness Precepts.


Guest Article: Disaster Preparedness–Principles of Self-Sufficiency, by Don McAlvany

1. Change the way you look at everything. Rethink your entire lifestyle. 2. Develop discernment about people. 3. When you invest, invest first in the right people. 4. Honesty, look at yourself, your strengths and your weaknesses. 5. Seek the counsel of others you trust. 6. Find like-minded people who can be part of a mutual support group and who you can cooperate with. 7. Find alternate methods for doing everything. 8. Develop an instinct for what doesn’t feel right. No matter how good something looks or sounds on the surface, go with your gut feeling, with your instinct, with …


Letter Re: A Practical Use for Post-1982 US Zinc Pennies

Sir: I just discovered your site this afternoon and look forward to perusing it in depth. I noted your response to the question about hoarding dimes and your reference to the metal content dollar value. Let me pass on a tip: hoard up a several pounds of pennies. Here’s why. As you know, pennies are roughly 97% zinc and 3% copper. To that mixture, one may add a few aluminum cans and minor amount of copper wire to bring the mix to 93% zinc, 3% copper, and 4% aluminum. This alloy melts at relatively low temperatures and is called “Zamak”. …


Letter Re: Advice on Camouflage Covers for LP/OPs

JWR, The arrival of my Cabela’s catalog today reminded me of how useful a layout blind might be for observation post (OP) duty. Your advice? Regards, ,- K. in Texas JWR Replies: Semi-permanent OPs should be custom-built, to as closely match the local vegetation, as possible. Any store-bought camouflage is a compromise, at best. Ideally, you should grow local vegetation over the top of an excavated position, for the ultimate in undetectable camouflage. Nothing mimics nature like nature itself. (Anything else that you use won’t look quite right, and of course it won’t gradually change colors to match, seasonally.) See …


Influenza Pandemic Update:

UN warns over swine flu in birds; The discovery of swine flu in turkeys in Chile raises concerns about the spread of the virus, a UN agency warns. How many recombinations will we see? New York Mayor To Announce Plans To Combat H1N1 In Schools Colombian President Uribe Ill With H1N1 Flu Hands-Off Plan: Schools Ban Touching to Fight H1N1 Advice on when flu needs TLC or a doctor’s care She’s walking the tightrope on flu; Minnesota’s top flu fighter balances the worst-case scenario with plans and hopes for avoiding it.


Economics and Investing:

This may be one of the most important pieces of economic news in many months, yet is did not receive much mainstream news coverage when the wire story was circulated yesterday: Beijing’s derivative default stance rattles market. This implications of state-owned Chinese industries being given carte blanche to nullify derivatives contracts are enormous. You’ll probably recall that I have been warning about derivatives counterparty risk for almost three years. And it was there that I specifically warned about the risk of “disappearing counterparties”. This new turn of events will likely shake the very foundations of the global derivatives markets. If …


Jim’s Quote of the Day:

“A nation can survive its fools and even the ambitious.But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and he carries his banners openly against the city. But the traitor moves among those within the gates freely, his sly whispers rustling through all alleys, heard in the very halls of government itself. For the traitor appears no traitor; he speaks in the accents familiar to his victim, and he wears their face and their garments and he appeals to the baseness that lies deep in the hearts of all men. …


Notes from JWR:

Courtesy of SurvivalBlog reader M.E., I have posted a new downloadable Excel spreadsheet: Silver World Coin Melt Value Calculator. You might find this a helpful shortcut, especially since circulating coin weights are expressed in grams, while silver is typically sold (and quoted daily) by the troy ounce. In assembling the table, M.E. used the oft-quoted coin weight data available in books like the Standard Catalog of World Coins 1901-2000, and in the Charlton’s Standard Catalogue of Canadian Coins. This spreadsheet will be kept available at my Investing static page, indefinitely. Thanks, M.E., I owe you a favor! Thanks also to …


Developing Our Family’s Survival Strategy, by FBP

We started prepping about 18 months ago. I have felt like a chicken with its head cut off, going wildly in all directions. I’ve learned a lot about a lot, some by research, but have learned most from doing. Being prior military (I served six years in the Army Captain, and as a civilian, I was a financial planner), I started identifying mission statements and initiating plans, backwards (aka backwards planning) in order to get them accomplished on time. The first mission: “How do we survive hyperinflation?” My readings led me to believe that the best protection is to plan …


Letter Re: Old Boy Scout and Girl Scout Handbooks are Available Online

Mr. Rawles, I loved seeing the recent mention of the older Boy Scout Handbook on your site. I know I have been writing you back and forth for ten years or so now and I can’ t ever remember mentioning my Boy Scout history and the materials I have collected from the various Boy Scout books over the years. First off I am an Eagle as are both my brothers, as is my father and all of his brothers, and as was my grandfather and all of his brothers who were young enough to participate in scouting (his older brothers …


Economics and Investing:

Brendon sent this: “Zombie suppliers” haunt manufacturing sector From H.H.: Italian banks may take ham and wine as collateral Cut my pay … please! As the number of layoffs mount, more workers are ready and willing to take significant pay cuts to find employment. (Thanks to Ben M. for the link.) From DD: Small retailers feel sharper pinch; Cuts in consumer spending hit mom-and-pop shops hard Reader KAF spotted this: As Banks Repay Bailout Money, U.S. Sees a Profit U.S. Stocks Fall After China Markets Trigger Global Sell-Off Damon flagged this: Daily Commodities Fundamentals: China Takes An Overnight Plunge, Oil …


Odds ‘n Sods:

Norman in England recommended this article about a solo documentary filmmaker’s experiment in the Yukon: Fifty days and nights in the wilderness. Note that even in warm weather he reached the psychological breaking point in just seven weeks. This adds credence to my assertion that going solo, playing “Batman in the Boondocks” wouldn’t work for 99.9% of the population. Please make realistic plans, and establish a well-stocked and fairly self-sufficient retreat. It takes faith and friends to survive!    o o o From DD: Continued l.os Angeles fires double in size. And, speaking of the fires, here is a YouTube …



Letter Re: Old Boy Scout and Girl Scout Handbooks are Available Online

Sir, For those who don’t have an “old” copy of the Boy Scout Handbook, the 1911 edition is available from Project Gutenberg in a variety of electronic formats. Also, they have the Girl Scout Handbook, 1920 edition. There is some overlap with the Boy Scouts handbook, but also much that is unique, especially in regard to care of the home, growing a garden, storing food, outdoor and indoor cooking, and a good section on first aid and home health care. Regards, – Andrew H. JWR Replies: For any families with teenagers, or pre-teens, I recommend getting hard copies of these …