Year: 2010

Economics and Investing:

Fierce Finance reports: Private-label MBS debt looms as huge risk Ireland’s unfolding crisis may be followed soon by Portugal, and then Spain and Italy. That many sovereign debt failures would spell the end of the Euro. If the Euro collapses it might cause a temporary jump in the value of the US Dollar, and a corresponding drop in precious metals (at least in Dollar terms.) That dip may be the last chance to buy silver before it vaults into $50+ territory. Robert Rubin: “US In Terribly Dangerous Territory,” Bond Market May Be Headed For “Implosion” Meredith Whitney sees 5,000 bank …


Inflation Watch:

Record-High Turkey Prices Are Just the Beginning. “Currently, wholesale prices are hovering around $1.09 per pound, the highest they’ve ever reached. This represents a 28% increase over 2009’s prices and a 37% increase over 2008’s. The BHO Administration still claims that inflation is low. Yeah, right. The 2010 list price shows that a standard blue steel Colt M1911 .45 automatic is now $919. (Or $950 for stainless steel.) I can only wonder what the 2011 prices will be. Certainly not lower. For comparison, in the early 1960s a standard blue steel Colt M1911 sold for around $60. But by the …


Odds ‘n Sods:

JRH Enterprises is extending their annual Black Friday sale through Saturday, with sale prices on many items including new Third Generation AN/PVS-14 night vision units as low as $2,895. I can attest from my own experience that you will not be disappointed with these scopes, when used either hand-held or mounted on a rifle.    o o o Cheryl N. (a.k.a. The Economatrix) sent this: Survival, Evasion…Vacation?      o o o Emergency Essentials has announced a big one-day “Black Friday” sale with bargain prices on storage foods, wheat grinders, and more.    o o o In The Daily Bell: …



Notes from JWR:

Today we celebrate Thanksgiving day in the United States. I certainly have a lot to be thankful for. (See the special announcement, below, titled: An Answer to Prayer–Introducing Avalanche Lily.) — Today we present another two entries for Round 31 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 $795, and B.) Two cases of Mountain House freeze dried assorted …


The Attitude of Survival, by B.T.

We’re living in a country that’s the equivalent of the Titanic and everywhere around me I see people dancing like nothing’s happening… In the worst of times and in the best of times, it’s the attitude of your undertaking that matters most. No matter what we may imagine will come to be, most of us will be drastically unprepared when the SHTF. We can have all the basics covered, and we can have a solution to everything we might imagine, but like war and science, there’s always the unexpected we can never account for. Personally I think most of us …


An Answer to Prayer–Introducing Avalanche Lily

By God’s grace, there was a strong response to my late wife’s July 2009 Bucket List post. One of the responses came from a lovely young widow. She is a committed Christian, a homeschooling mom, and very outdoorsy. (She is an avid gardener, target shooter, hiker and kayaker.) In SurvivalBlog posts, my new bride will be known as Avalanche Lily. She plans to chime in on various blog topics, and she has already started helping me edit articles and my book manuscripts. It was abundantly clear that it was God’s hand that put us together. We both stand amazed at …


Letter Re: Advice on Stored Food Shelf Lives and Insect Proofing

Mr. Rawles; I see all the news of the economic chaos (bursting budgets, Ireland debt crisis, unemployment, QEII, etc.), just like you showed in your novel [“Patriots”]. (Was it prophetic?) This has me scared spitless, and I’m overwhelmed with all the preps that I have to make, yesterday. My budget is small, since I don’t want to use my credit card for any of this. I really need to get started. Where can I buy food cheaply, in bulk? The supermarket prices seem too high for rice and beans. There is a Sam’s Club [membership] store nearby, and they have …


Letter Re: Dealing with Common Addictions–True Readiness for Disasters

Jim, I agree in principle with your response to C.Y. about getting rid of addictions and the things that feed them, but with regard to caffeine I think the necessity “on the ground,” so to speak, can be a bit more nuanced. I’ve always been a “night owl” and function quite well in most instances when it’s dark out, unlike probably a majority of people. I’ve been working second or third shift for more than 11 years and don’t need caffeine to stay awake late at night because my body has adjusted to those hours. However, there are instances when, …


Letter Re: Digital-Analog Cell Phones for Rural Areas

Dear Jim,   I have some cell phone details to your readers. I used to work in the cell phone business as a repair tech. Phones made before 2003 are not legal for activation in the USA. Some people continue to use old legacy hardware on the network, grandfathered in, but once that phone dies, they have to upgrade, under law, to an Enhanced 911 compliant/compatible device. That’s straight from the FCC, no ifs, ands, ors or buts. That means the Bag Phone, and even the StarTac aren’t legal. This is not to say that you can’t work around this …


Economics and Investing:

Countrywide’s Errors Could Cost Bank of America Billions How Bad Could Ireland Get? Iceland Offers Some Clues    Goldseek posted some commentary from Darryl Robert Schoon: Betting In The Endgame Items from The Economatrix: The Horrible Truth Starts To Dawn On Europe’s Leaders   Bullets In The Back: How Boomers & Retirees Will Become Bailout Bailout, Stimulus and Currency War Casualties   Economy Sees Growth, But Unemployment Stays High   Korean Conflict, European Worries Weigh On Stocks  


Odds ‘n Sods:

Kia Introduces Soul Flex at Brazilian Motor Show. It will burn 100% ethanol, 100% gasoline, or any mixture in between. I hope this model also gets marketed in the United States. It should sell strongly in the Corn Belt states. OBTW, an ethanol-burning variant of the Kia Sportage is also planned.    o o o States’ rights battles rage in Old Dominion. Here is a brief quote: “Del. John O’Bannon, R-Henrico, filed a bill at the request of his constituents that would create a “Don’t Tread on Me” license plate. And Del. Mark Cole, R-Spotsylvania, filed a bill that would …


Jim’s Quote of the Day:

“I began to suspect that Daddy had been right all along: the only hope I had of changing the world was to change myself first.  I thought of the many times that he and I had delivered fresh-picked farm produce to one of our elderly relatives. On such occasions he never failed to remind me that if we hadn’t worked so hard to grow it, we wouldn’t be able to give it to those who needed help. For the past few years, I’d been sneering at the simplemindedness of his philosophy of self-reliance, but now it was making sense to …


Notes from JWR:

The war drums are beating on the Korean peninsula. There’s nothing like war news to deflect public attention from the economy. Oh, and speaking of Korea, read this piece by Shane Connor: When an Ill Wind Blows From Afar! (Like from Iran or North Korea!) — Today we present a lengthy entry for Round 31 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 …


Using the Grain You Have Stored, by Naomi M.

Grain is a foundational item in food storage, because it is a cheap source of fair-to-good quality calories, and because it has good long-term storage life.  This article will discuss nutritional considerations, health aspects, and specific uses for each grain.             What do we want out of food?  We want energy (calories), building materials (protein and fats & oils), and health-supplying nutrients (vitamins and minerals).  How much grain should we store to supply these needs, or, conversely, how long will our grain storage sustain our life? Calories                        Most sources recommend that a basic year’s supply for one person is …