Day: January 20, 2023

Preparedness Notes for Friday — January 20, 2023

Thirty years ago today, January 20th, 1993, was the day that I resigned my commission as a U.S. Army Reserve Captain. Not coincidentally, that was also the day that Bill Clinton was first sworn in as President. I resigned because I detested the idea of having Clinton as my Commander in Chief. With ten years in service, my contractual obligation had expired. And, because I was living in a remote area in north-central Idaho, I was no longer drilling with a USAR troop program unit. The nearest Intelligence Corps Army Reserve or National Guard units were 360 miles away, near …


Pessimist or a Realist? Our Present Situation – Part 3, by The Lone Canadian

(Continued from Part 2.) On the other side of the world….kind of….depending on how you look at it, China continues to make aggressive moves toward Taiwan. Much like Russia with the Donbas region, their claim is repatriation, not invasion. President Biden has stated on more than one occasion that we will put troops on the ground to help the people of Taiwan, although every time he says it, the white house tries to walk it back after the fact. You’d almost think that they are confused over what their course of action would be. But that might just be their …


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. In this column, JWR also covers hedges, derivatives, and various obscura. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we report on Janet Yellen speaking the “D” word: Default. (See the Economy & Finance section.) Precious Metals: Posted last Friday: With gold ending the week above $1,900, analysts turn their focus to $2,000. o  o  o At Gold-Eagle.com: How Cheap are the Mining Shares? The Barron’s Gold Mining Index Tells All. A key quote:  …