Economics and Investing:

US bankruptcies resume upward path in first quarter. Pimco’s El-Erian Warns Inflation to Hit US, Europe. (Thanks to Brett G. for the link.) Brian B. sent us this: Euro Experiment: EU Bullied into $1 Trillion Banking Bonanza Kevin S. sent us this: Junk silver coins; Why 90% junk silver coins are worth the investment? Items from The Economatrix: Euro Collapse Fears Spark Panic Buying of Gold Deutsche Bank: Greece May Never Pay Off Debts Volcker Sees Euro “Disintegration” Risk From Greece Gold Rises to Record As Investors Seek Alternatives to Currency




Odds ‘n Sods:

Mike M. and S. both sent this piece from The Times of London: Scientists forecast decades of ash clouds    o o o Safecastle (one of our most loyal advertisers) has announced a special sale from May 16-29 only, with 25% Off All Mountain House #10 Cans, and free Shipping to the Lower 48 States. There are additional freebies, depending on the quantity that you order. (See their web page for details.)    o o o Reader M.T. sent this item: Obama Plan to Make Cheaper Coins Criticized by Businesses. Let’s face it, inflation is relentless. Sooner or later, they’ll …




Jim’s Quote of the Day:

“I do not think there should be a limit on the rig’s liability, because they are sitting on top of unlimited amounts of oil, and thus, there could be an explosion occur that could do untold damage. … The amount of damage that an offshore oil rig can do is infinite.” Senator John Chafee, Senate Floor Debate, 135 Cong. Rec. S9689-S9716 (August 3, 1989)




Note from JWR:

Just as a I expected, Dan B.’s article Four Great Preparedness Myths (that was posted on Saturday) prompted a flurry of responses. You can see those, farther down in today’s posts. OBTW, one of the things that I love about SurvivalBlog is the lively and articulate interchange of ideas, yet without the flames and rants that are all too common in the various preparedness Forums. Thanks for your civility, folks!




Letter Re: Diabetes Management and the Jerusalem Artichoke

Mr. Rawles; Several posts have mentioned that in a serious, long-term disaster, diabetics unable to maintain a store of insulin will have a high death rate. The following may help. Note that Jerusalem artichokes contain Inulin, not Insulin; however, the effects are similar for stabilizing blood sugar levels, according to several online sources (see Jerusalem artichoke, diabetes, and inulin). Inulin works for diabetes, pre-diabetes, and hypoglycemia; and helps with overweight which is related to a variety of medical conditions. It may also help to prevent the development of diabetes for those prone to it, or with mild cases. Jerusalem artichokes …




Two Letters Re: Self-Storage Spaces as Caches

Two Letters Re: Self-Storage Spaces as Caches Mr. Rawles: I have written before about Self Storage Facilities back in October, 2009. I am still a resident manager of a small self storage facility. I agree with Ryan in British Columbia about using self storage caches for your preps. Recommendation on locks: the round lock or disc lock is about the best defense you can purchase for your self storage unit. They cannot be cut with the more common bolt cutters and usually take an electric disc grinder to cut them off. A hint as to the keys for this type …




Five Letters Re: Four Great Preparedness Myths

Jim, I enjoyed the letter by Dan B. on preparedness myths. I couldn’t agree more with his opinions and in particular with Myth #1 “You can defend yourself against the horde” I have no combat experience but I am a student of Sun Tzu’s military treatise “The Art of War” The principals and logic therein demonstrate that a wise prepper will be as prepared as possible to defend oneself but will use all means available of avoiding the direct conflict with so vast a number of enemies (other than surrender of course) One would employ deception, concealment, positioning etc. I …




Economics and Investing:

Several readers recommended an excellent “must see” video that was produced by the National Inflation Association, titled: The Meltup By way of the No Money No Worries blog, we found this Four Big Banks Score Perfect 61-Day Run. Something is rotten in Denmark on Wall Street. (Thanks to Geoff in Texas for the tip.) Blood in the Streets! Bank Bailout Protesters Storm Ireland’s Parliament. (Thanks to Kathryn D. for the link.) Danny B. flagged this: 401(k)/IRA Nationalization Quietly Moves Forward Gary E. sent this: US faces one of biggest budget crunches in world – IMF Items from The Economatrix: Government …




Odds ‘n Sods:

Brian B. reccommednded listing to the Shrugging Out podcast. (The podcast’s name is derived from the libertarian novel “Atlas Shrugged” by Ayn Rand.)    o o o Reader RBS suggested this article: Montana FWPD Wolf Management Fiasco    o o o The Ammo Shortage Continues. (Thanks to Brian B. for the link.)    o o o S.A. liked a video at the Better Homes and Gardens web site: Fire Safe Garden.







Note from JWR:

Today we present another entry for Round 28 of the SurvivalBlog non-fiction writing contest. The prizes for this round will include: 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.) C.) A 9-Tray Excalibur Food Dehydrator from Safecastle.com. (A $275 value.), and D.) A 500 round case …




Fit to Survive (Part One): The Importance of Being Strong

I have been an athlete all my life in one form or another.  I hear many survival and preparedness enthusiasts’ talk about fitness, health, and well being (being in sound physical condition) but I have yet to see a thorough guide to becoming “fit” for a survival scenario.  I have heard Crossfit mentioned a few times on this web site and while I agree that Crossfit is a decent program to get someone “fit” it is not the end all solution to everyone’s needs.  Crossfit is merely a re-hashing of things that have been around for a very, very long …




Letter Re: Quality Deer Management

I just found your blog and want to thank you and all the like minded individuals who post to it. I have never thought of myself as a “survivor” or as most on here seem to prefer, “prepper”. I just always thought of myself as a collector of knowledge much to my wife’s annoyance. I can’t help it, I just like to learn different things. For one of the most recent “hobbies” I’ve been researching and learning about Quality Deer Management (QDM). I don’t know if this has been brought up before now, I’m still going through the archives, but …




Economics and Investing:

G.G. recommended this over at Alphaville: In fiat money we do not trust. “Monetise. Monetise. Monetise. Inflation. Inflation. Inflation.” Chad S. sent this: Millions of jobs that were cut won’t likely return. Darin W. was the first of several readers to send this link: Another Gold Dispensing ATM G.G. sent this: US faces same problems as Greece, says Bank of England Also from G.G.: Roubini: “The US Economy is Unsustainable” From The Wall Street Journal, Four more banks closed on Friday, now 72 for the year. And in case you missed the news last Friday: Bank closures cost $7.3 BILLION …




Odds ‘n Sods:

L.J. in England sent this: Curse of the caterpillars: Residents trapped indoors as insect invasion brings asthma and allergies. Excerpt: “There’s something blowing on the breeze in West Street. And it’s not pleasant. Residents are keeping their windows and doors tightly closed, and gardens are no-go areas. Some householders even need to don full-body protective clothing – complete with breathing masks – to venture outside.It’s all because the road is under siege from an invasion of caterpillars little more than an inch long. But what the brown tail moth caterpillar lacks in size, it makes up for in its covering …