Guest Post: The Difference Between Gold and Debt, by Gary Christenson

Simple version: Gold is good. Sovereign debt is bad. The world has added approximately $60 Trillion in debt since 2007, much of it sovereign debt created from deficit spending on social programs, wars, and much more. In that time the world has mined perhaps 30,000 tons of gold, or about 950 million ounces, worth at September 2015 prices a little more than a $Trillion. It is easy to create debt – central banks “print” currencies by borrowing those currencies into existence. Debt increases, currency in circulation increases, and until it crashes, life is good for the financial and political elite. …




Economics and Investing:

India Versus COMEX: Physical Silver Demand Will Destroy Paper Rigged Markets o o o There are Five Times More Claims on Dollars Than Dollars in Existence (Zero Hedge) Items from The Economics Team: Glencore Could Spark a Lehman Moment for Miners The More Americans Know Congress, the Worse Congress is Rated Atlanta Fed Slashes 3rd Quarter Estimates for Growth (Reuters) U.S. Factories Vulnerable to Chill in Global Economy (Reuters) Investment Banking Business is a Horror Show (Business Insider) Demand for Physical Silver through the Roof (Zero Hedge)




Odds ‘n Sods:

Greg suggested this great piece by Eric Barker: 8 secrets to grit and resilience, courtesy of the Navy SEALs o o o Reader C.M. suggested this interesting Kickstarter project funding campaign:= “ZeroDay” Minimalist Survival Kit ZDSK o o o Over at The Middle East Forum: Saudi Arabia is Not Our Friend







Notes for Saturday – October 3, 2015

October, 3, 2015 is the 22nd anniversary of the Mogadishu, Somalia raid. The 18 Americans killed were: MSG Gary Gordon, 1st SFOD-D SFC Randy Shughart, 1st SFOD-D SSG Daniel Busch, 1st SFOD-D SFC Earl Fillmore, 1st SFOD-D MSG Timothy Martin, 1st SFOD-D CPL Jamie Smith, 3/75 Ranger SPC James Cavaco, 3/75 Ranger SGT Casey Joyce, 3/75 Ranger PFC Richard Kowaleski, 3/75 Ranger SGT Dominic Pilla, 3/75 Ranger SGT Lorenzo Ruis, 3/75 Ranger SSG William Cleveland, Jr. 160th SOAR SSG Thomas Field, 160th SOAR CW4 Raymond Frank, 160th SOAR CW3 Clifton Wolcott, 160th SOAR CW2 Donovan Briley, 160th SOAR SGT Cornell …




Survive the Drive – Vehicle Survival Preparedness, by Prepper Ray

Where will you be when the SHTF? You need to consider that you may not be at home when the world around you begins to fall apart. You are very likely going to have to travel to get home or a bug out location. You may be at work out shopping or even on vacation. No matter where you are the problem is going to be just being able to get from point A to point B. The type of vehicle you have and the equipment you have in that vehicle may in fact determine your ability to get to …




Praise For Chris Walsh and Revolutionary Realty

Over a period of time I have accumulated many letters of recommendation for Chris Walsh and his real estate agency, Revolutionary Realty. (It is a two-man agency that specializes in retreat properties in The American Redoubt.) I’ve actually received nine letters of recommendation for Chris, but the latest one reminded me that I’ve been remiss in mentioning Chris in the blog. So from the nine letters, I picked just six particularly succinct ones to post, as a representative sample. Note that some of these are just excerpts from longer letters. And I’ve redacted a few details to protect the privacy …




Economics and Investing:

Municipal Bankruptcies and more on the way o o o Paul Caron: 2015 International Tax Competitiveness Ranking: U.S. Is 32 Out Of 34 OECD Countries o o o Dr. Housing Bubble reports: Chicago overtakes Detroit as the worst performing housing market: San Diego outperforms while Los Angeles hits a snag. Items from The Economics Team: Ron Paul Rages “They” Refuse To Learn From Their Mistakes – Put perfectly… (No surprise that this is from Ron Paul.) Year End Government Spending Spree – Spend It or Lose It Leads to Government Waste of Taxpayer Dollars American Manufacturing is in Recession




Odds ‘n Sods:

A very useful piece was recently posted at the Thoughts From Frank and Fern blog: Survival Radio Net #1 o o o There is a lot of talk in the news about the mass shooting at a Umpqua Community College in western Oregon. A few alternative media types are asking about the shooter’s MySpace “connection”, Mahmoud Ali Ehsani. But the mainstream media outlets and the Obama regime are predictably grandstanding for civilian disarmament. Avalanche Lily (Mrs. Rawles) asks: “Why isn’t the network news asking about Muslim extremism? Why punish the 99.9% of gun owners who use their guns responsibly, when …