Preparedness Notes for Friday — July 22, 2022
On July 22, 1489, the Treaty of Frankfurt was signed between Maximilian of Austria and King Charles VIII of France (pictured). — Today, an essay from SurvivalBlog Sr. Editor, James Wesley, Rawles (JWR).
Day: July 22, 2022
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A Piece of The Action: Pricing a Gallon of Fuel
As I was pumping $5.96 per-gallon diesel into my pickup’s tank the other day, I marveled at how quickly the dollar digits raced by, on the pump’s display. I began to ponder what costs go into each gallon of fuel. This sent me off on a web-wandering search for some relevant data on what drives fuel prices. Most of that can be summed up in one word: Government. Liquid fuels are some of the most highly regulated and heavily taxed commodities in the world. The reasons for this are obvious: They are highly concentrated forms of potential energy. Think of …
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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 stocking up on magazines, as a legislation hedge. (See the Tangibles Investing section.) Precious Metals: Reported back on July 14th: Gold hammered, analysts warn of capitulation event if price drops below pre-pandemic levels. o o o Copper/gold ratio shows Fed monetary policy is too tight – MKS PAMP. Economy …
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The Editors’ Quote of the Day:
“Not being able to govern events, I govern myself.” – Michel de Montaigne
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