Note from JWR:
Because of some factual errors and key omissions, today’s writing contest entry on “Anesthetics for TEOTWAWKI” has been removed by the Editor.
Day: September 24, 2013
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News From The American Redoubt:
I heard about another prepper-friendly church in the American Redoubt: Marble Community Fellowship. They are located at 3383 Hwy 25 N., Northport, Washington, 99157. (Northport is in the remote, sparsely-populated north-east corner of Washington.) They are 100 miles north of Spokane, on the Columbia River and are seeking conservative, patriotic families to relocate. They presently have only an event web site: MarbleCountry.com, but a brochure PDF titled “A Time for Solutions” is available upon request. Contact: Barry Byrd. o o o A coin dealer that I can recommend is: American Coin and Vault, in Spokane, Washington. They are located …
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Economics and Investing:
IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family. India’s coin shortage worsens. Gresham’s Law is showing its hidden hand. (Thanks to Diana for the link.) Peter Schiff – Whatever the Fed Does, Gold Will Rally! US Economy Already Ruined. Schiff posits that the current “recovery” is artificial and the that Fed will increase Quantitative Easing. In the long run, interest rates must rise. Schiff foresees more QE, larger deficits, and another currency/sovereign debt crisis, so he is quite bullish on gold. G.G. flagged this: U.S. disability rolls swell in a rough economy Items from The Economatrix: How The Fed’s …
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Odds ‘n Sods:
AmEx (American Expatriate) sent: U.S. Military begins rolling on airless tires o o o Pierre M. spotted this: Venezuela orders temporary takeover of toilet paper factory o o o The Rawles Gets You Ready Preparedness Course is now priced at just $19.97. o o o F.J. suggested this instructive article: Choosing and Using the Right Shovel.
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Jim’s Quote of the Day:
“Right now, the FOMC has ‘a tiger by its tail’ – it has lost control of monetary policy. The Fed can’t stop buying assets because interest rates will rise and choke the recovery. In short, today’s decision not to taper was driven by unimpressive economic data, the fear of a 3% yield on the 10 year Treasury and gridlock in Washington. If the economy cannot handle a 3% yield on the 10 year, then the S&P 500 should not be north of 1700. It is remarkable that the equity market continued to buy into easy money over economic growth. QE3 …
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