Day: February 7, 2025

Preparedness Notes for Friday — February 7, 2025

On February 7, 1839, Henry Clay famously declared in the Senate: “I had rather be right than president”. — On February 7, 1976, the FCC raided and shut down pirate radio station WCPR in Brooklyn New York. — SurvivalBlog Writing Contest Today we present another entry for Round 117 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, this could be worth more than $2000. A Gunsite Academy Three Day Course Certificate. This can be …


Prepared For Financial TEOTWAWKI? – Part 2, by St. Funogas

(Continued from Part 1.) Interest on the National Debt There are three categories in the US budget. Mandatory spending is mandated by law to be paid. Discretionary spending can be adjusted for each department, or the funding can be eliminated at any time. Interest payments are in their own category but for all intents and purposes are in the mandatory category. The 2025 budget has the interest payment estimated at $969 billion, just a hair under one trillion. If I can tweak that up to $995 billion based on historical budget misses it will make the math easier as this …


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, a look at the precious metals bull market and some conflicting predictions for the equities markets. Precious Metals: The bull market continues! Gold just hit another all-time high, in terms of US Dollars. Spot prices, as of Wednesday morning: Gold: $2,890.90  Up $32.50 Silver: $32.72  Up $0.36 Platinum: $1,000.70  Up $19.20 Palladium: $1,035.00  Up $8.80 …