Preparedness Notes for Friday — December 27, 2019

On this day in 1979, in an attempt to stabilize the turbulent political situation in Afghanistan, the Soviet Union sent 75,000 troops to enforce the installation of Babrak Karmal as the new leader of the nation. The new government and the imposing Soviet presence, however, had little success in putting down anti-government rebels. Thus began nearly 10 years of an agonizing, destructive, and ultimately fruitless Soviet military intervention in Afghanistan. Death by a thousand cuts. — Cabela’s (one of our affiliate advertisers) has started their annual clearance sale, with some items reduced 50%. That sale ends on January 8, 2020. …




Blowing Bubbles for Fun and Profit, by Gary Christenson

Editor’s Note: This article by Gary Christenson of The Deviant Investor first appeared in the Miles Franklin blog, and is re-posted with permission.  It was selected by JWR — not solicited. Miles Franklin can be contacted at: 1-800-822-8080. — Bubbles, like a cocaine high, are fun while they last. History confirms that bubbles and cocaine are enjoyable, because central banks blow many bubbles and the U.S. imports a large quantity of cocaine. Bubbles are fun, but they extract a price. There is no free lunch. Examples: 2019: The Everything Bubble. It hasn’t crashed yet, but there are many bubble piercing objects …




Economics & Investing For Preppers

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at the corporate debt bubble. (See the Economy & Finance section.) Precious Metals: Allen Sykora: Palladium may lose some altitude but expected to remain at lofty heights o  o  o Kitco: Asset allocation tips to prepare for more volatility in 2020 Economy & Finance: Reader Mark J. was the first …