Day: August 11, 2023

Preparedness Notes for Friday — August 11, 2023

On August 11, 1857, N. H. Wolfe and Company, the oldest flour and grain company in New York City, failed. This failure shook investor confidence and began a slow selloff in the market which continued into late August. Several other failures followed, and this cascaded into what was later called the Panic of 1857. — SurvivalBlog Writing Contest Today we present another entry for Round 108 of the SurvivalBlog non-fiction writing contest. The prizes for this round include: First Prize: The photovoltaic power specialists at Quantum Harvest LLC  are providing a store-wide 10% off coupon. Depending on the model chosen, …


Countering Rampant Food Price Inflation, by SaraSue

When one of my daughters, who has a good job, starts complaining about how insane food and supply prices are, I pay attention.  She has started shopping at Walmart searching for the lowest possible prices.  Her recent cart rung up at $450 and she didn’t buy hardly any food – mostly toilet paper, paper towels, dog and cat food, a few household items, and enough food for a few good meals for her family.  She exclaimed, “This won’t even last us a week!”  I keep telling her to shop Costco for certain items – you get way more product for …


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. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we look at the recent drop in sales of cardboard boxes. (See the Economy & Finance section.) Precious Metals: Gold Price To Monetary Base – A Ratio to Keep An Eye On. o  o  o Matthew Piepenberg, at Gold-Eagle.com: Keeping Your Head Amidst Debt-Blind Madness. Economy & Finance: Big Drop in Cardboard Box Sales Scream …