Day: July 19, 2024

Preparedness Notes for Friday — July 19, 2024

On July 19, 1843, the steamship SS Great Britain was launched, designed by Isambard Kingdom Brunel. It was the first ocean-going craft to feature an iron hull and a screw propeller. At the time, it was the largest vessel afloat in the world. — July 19th is coincidentally the birthday of handgun designers Samuel Colt (born 1814) and Gaston Glock. (Glock was born in 1929 and passed away in December, 2023.) — I just got some sad news: Lou Dobbs has passed away. My condolences to his family. — We are in need of entries to round out Round 113 …


A Pre-1899 Gun Investing Rationale

Introductory Note: I’d be remiss if I failed to mention that I have a considerable bias on this topic.  I own and operate Elk Creek Company — a side business selling pre-1899 guns and percussion black powder replicas. I’ve been dabbling in antique guns for more than 35 years. (Back in the 1990s, I operated Clearwater Trading Company, from my home near Orofino, Idaho.)  Despite my bias, I believe that what I’m recommending in this essay represents some ground truth. – JWR — Mark Twain was famous for once writing: “Buy land. Because they aren’t making it any more of …


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, more coverage of the bullish prices for precious metals. Precious Metals: Gold Soars To Record High As Stocks Do Something Not Seen Since Oct 1987. o  o  o The wild ride in precious metals prices continued this past week. Gold touched $2,488.10 on Wednesday morning. (July 17, 2024.) Prices were then slammed back down by …