June in Precious Metals by Steven Cochran of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Chochran of Gainesville 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 June? Gold made another run for the $1300 mark in early June. It closed at $1,294 an ounce on June 6th. This was not acceptable to the market manipulators, so they engineered a “take down” in gold later in the month. By trading 1.8 million ounces of gold (61.7 U.S. …




Letter Re: Food Storage Expiration

I have always wondered about food storage manufacturers’ claims about the shelf life of their products. Many claim 30 years shelf life for what they sell. Of course, the question is how can the consumer ever know that this is true? Many purchasers are dead and buried by the time 30 years pass. Who could ever go back and demand that their money be returned if it did turnout that the product had gone bad? I know one fellow who obtained No. 10 cans of wheat from a small survival food manufacturer. When he opened a can several years later, …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the economic crisis in Venezuela. Precious Metals: First, there is this news: Gold inches higher as dollar weakens, central banks point to end of QE o  o  o Next, here is a phone interview: Silver versus Time, Cryptocurrencies & JP Morgan – Mike Maloney and …




The Editors’ Quote of the Day

“Foolish liberals who are trying to read the Second Amendment out of the constitution by claiming it’s not an individual right or that it’s too much of a safety hazard don’t see the danger of the big picture. They’re courting disaster by encouraging others to use this same means to eliminate portions of the Constitution they don’t like.” – Alan Dershowitz