Day: December 2, 2022

Preparedness Notes for Friday — December 2, 2022

On December 2nd, 1823, what became known as the Monroe Doctrine was declared by President James Monroe to Congress outlining a foreign policy initiative that forbade European interference in the American hemisphere but also asserted U.S. neutrality in regard to future European conflicts. — Today we present a guest article by Arkadiusz Sieroń, selected by JWR. It was first published by Sunshine Profits, and is reposted with permission. — We are now seeking entries for Round 104 of the SurvivalBlog non-fiction writing contest. More than $750,000 worth of prizes have been awarded since we started running this contest. Round 104 …


Stagflation: The Worse for Us, the Better for Gold, by Arkadiusz Sieroń

Stagflation is coming – and it could make the 1970s look like a walk in the park. As you’ve probably noticed, I expect a recession next year, and I’m not alone, as this has become the baseline scenario for many financial institutions and analysts. Even the DSGE model used by the New York Fed shows an 80% probability of a hard landing (defined as four-quarter GDP growth dipping below -1%) over the next ten quarters. Reasons? Inflation and the Fed’s tightening cycle. The history is clear: whenever inflation has been above 5%, the Fed’s hikes in interest rates have always …


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 nascent drop in the U.S. real estate market. (See the Tangibles Investing section.) Precious Metals: Newmont: The Bottom Is In For Gold. o  o  o Ghana plans to buy oil with gold instead of U.S. dollars. o  o  o Report: China Suspected of Stockpiling Gold to ‘Cut Greenback …


The Editors’ Quote of the Day:

“All nature has come to expect from God a sense of orderliness. Whatever God does carries with it His fingerprint. And in the world around us His fingerprint of orderliness is evident to anybody who is honest with the facts. If you look at nature, you will discover a mathematical exactness. Without this precision, the entire world would be in utter confusion. One plus one always equals two no matter what part of the universe you happen to be in. And the laws of nature operate in beautiful harmony, a harmony that is ordered by God Himself.” – Aiden Wilson …