Preparedness Notes for Sunday — June 11, 2023

On June 11, 1742, Empress Maria Theresa of Austria (pictured) decided to make peace with Prussian King Frederick II, ceding almost all of Silesia to him in the Treaty of Breslau, which marked the end of the First Silesian War. — John Wayne, the iconic American film actor, died on June 11th, 1979. While John Wayne is probably best known for his westerns like True Grit, The Shootist, and Fort Apache, we remember him best for his roles in The Alamo and The Green Berets, both of which reflected his patriotic, conservative leanings. — Today’s feature article is a guest …




Silver and the Popping of the Debt Bubble, by Hubert Moolman

We have now moved into an era of rising interest rates that is similar to a period that started in the early 1940s. At the start of this period, the Government Debt to GDP ratio was also around 120%, close to where it eventually topped/popped. Despite high relative debt levels and a rising interest rate environment, the US was in a good position due to the US dollar being the premier world currency as a result of the 1944 Bretton Woods agreement. Instead, the US is currently facing a similarly massive debt liability and a rising interest rates environment, while …




JWR’s Meme Of The Week:

The latest meme created by JWR: Meme Text: Remember That “Slow Slide Scenario” That Survivalists Warned Us About, 30 Years Ago? Well, Now We Are Living Through It News Links: ‘Rapidly growing’ homeless encampments spring up near LA’s celebrity-filled Beverly Hills neighborhood – where the median home price is $3.5M. Oakland’s largest homeless encampment razed, 700 tons of trash hauled away. Proposed law to ban homeless camps within 1,000 feet of ‘sensitive areas’. Leaders struggle for solutions as safety remains top concern at San Vicente homeless encampment. And from the ultra-leftist CNN: A huge homeless camp will be cleared after …