Day: January 31, 2016

Notes for Sunday – January 31, 2016

On January 31st, 1950, President Harry S. Truman publicly announced his decision to support the development of the hydrogen bomb, a weapon theorized to be hundreds of times more powerful than the atomic bombs dropped on Japan during World War II. Truman called it the “superbomb” in his public announcement. His decision was driven by the discovery that Klaus Fuchs, a top-ranking scientist in the U.S. nuclear program was a spy for the Soviet Union and that the Soviet likely knew everything the U.S. did about building a hydrogen bomb.


January in Precious Metals, by Steven Cochran of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainsesville Coins where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers. What Did Gold Do in January? Gold started the year around the $1,061 mark and quickly blew that away as stocks worldwide saw the worst start to a year in nearly forever. This caught a record number of speculators short, who had to scramble to cover their bets. By the 7th of January, gold had …


Two Letters Re: Bug Out Boats

Hugh, Anyone considering a bug out boat should take a look at steel hulled sailboats in the 30 to 40 foot range. They offer excellent ballistic protection as well as the structural strength to resist all manner of collision or grounding incidents. Additionally, steel will not burn or be damaged if frozen in place by thick ice. Most of the modern steel boats sail well, are insulated for warmth, and are often equipped with a wood stove. A quick search on sailboatlistings.com will yield some affordable options. Stay safe! – Fixer o o o Hugh, I’m sorry, but I have …


Economics and Investing:

How Do You Know When Your Society Is In The Midst Of Collapse? o o o Unsocial Insecurity: Social Security Fund loses money for the first time since 1983. The new retirement model will have you working until you fall over from a heart attack. o o o Items from Professor Preponomics: US News Are Government Regulators More Virtuous than Everyone Else? (Mises) Excerpt: “One can’t help but notice the central contradiction in this analysis. On the one hand, it is assumed that markets fail because of “normal human weakness.” On the other hand, it is assumed that regulation, which …


Odds ‘n Sods:

Someone has released stabilized and zoomed-in video of the Lavoy Finicum shooting that makes the tragic event a lot more clear. Without correlated audio of the FBI’s gunshots, this video is still inconclusive. But to describe this as evidence of Finicum exiting the vehicle and “charging at” the ambushing officers (as it was described by the FBI) is ludicrous. And the sight of him dropping his hands is just as consistent with reacting to the pain of being hit in the abdomen with bullets as it is with the alleged “reaching for his waist” to draw a handgun. There is …


Hugh’s Quote of the Day:

“And when thou prayest, thou shalt not be as the hypocrites are: for they love to pray standing in the synagogues and in the corners of the streets, that they may be seen of men. Verily I say unto you, They have their reward. But thou, when thou prayest, enter into thy closet, and when thou hast shut thy door, pray to thy Father which is in secret; and thy Father which seeth in secret shall reward thee openly.” Matthew 6:5-6 (KJV)