Preparedness Notes for Monday — July 14, 2025

July 14 1962:  The borehole for the 7.2-mile long Mont Blanc tunnel between France and Italy was finished.  The tunnel was opened to traffic in July, 1965. Pictured is the French side of the tunnel.

July 14, 1850: The first public demonstration of ice made via refrigeration was made by Florida physician John Gorrie.

July 14, 1864: Gold was discovered in Helena, Montana.

A silver bull breakout! Spot silver jumped 3.67% in one day, to close at $38.67 per Troy ounce on Friday. (July 11, 2025.) It was up again this morning (after Asian trading) to $38.90 per Troy ounce. That is a 14-year high for silver, in U.S. Dollar terms. The short sellers may give it one last try, but I expect them to soon capitulate.  $1,000 face value bag of pre-1965 circulated (“junk”) silver now sells for around $28,830. So I’ve correspondingly raised my pre-1965 divisor to an unprecedented 28.8 times face value at Elk Creek Company.  If you want to parlay a portion of your silver holdings into antique guns, then this is a very advantageous time to do so.

Today’s feature article was written by SurvivalBlog Field Gear Editor Tom Christianson.