Economics and Investing:

G.G. sent this from Forbes: Bernanke Out Of Bullets But Not Bombs: Federal Reserve’s ability to buy assets and spark inflation is unlimited. Ambrose Evans-Pritchard reports: Société Générale tells clients how to prepare for ‘global collapse’ G.G. mentioned this guest article posted over at Zero Hedge: A Termite-Riddled House: Treasury Bonds Buried down in the fine print of the New York Times we read that the FDIC is $15.2 billion in the hole. But gee, who’s counting, and who cares, when Uncle Sugar can create unlimited money out of thin air? The Daily Bell asks: Bank Run 2011? (Thanks to …


Inflation Watch:

More about the inflation riots in Mozambique How Hyperinflation Will Happen The Federal Reserve reported that the M2 Money Supply expanded 5.3% in just three months from April 2010 to July 2010. And the M3? Who knows. They stopped compiling that data 2006, after it had become too embarrassing. Meat price surge fuels fears of food inflation News from Bangladesh: Food prices push inflation up again


Jim’s Quote of the Day:

“I think people are beginning to realize that this downturn in the economy has just begun. We are about three years into what will turn out to be a 20 year crisis, with no guarantee what survives. But something will survive, and a new day will dawn on this planet.” – From discussion forum post by The Unrepentant Cowboy (posted at Collapsenet)


Note from JWR:

Today we present another entry for Round 30 of the SurvivalBlog non-fiction writing contest. The prizes for this round will include: First Prize: A.) A course certificate from onPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. (Excluding those restricted for military or government teams.) Three day onPoint courses normally cost between $500 and $600, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) C.) A 9-Tray Excalibur Food Dehydrator from Safecastle.com (a $275 value), D.) A 500 round case of …


Learning From Living History Interpreters, by D.R.W.

Many times I’ve read on these pages the prognostications of my fellow preppers as to the current direction and ultimate destination of our nation, government and way of life. Of these possible outcomes one of the most common themes that crisscross the apocalyptic visions of the future is the grid-down situation. The author’s often refer to the mid 1800s as a reference point to orient the reader to the reality of what life would be like without the precious electrical current that so directly (and alternately) influences our everyday life. Today we can read about the lives of people living …


Economics and Investing:

Oil Should Be Around $10 a Barrel: Analyst. here is a quote: “I honestly think that if there were no investors using oil as an asset that the price of oil right now would be $10 or $15 or $18, but it wouldn’t be anywhere near where it is,” Beutel said. Jeff Nelson opines at The Street: U.S. Government Prepares for ‘Crisis’. (Thanks to G.G. for the link.) The Death Of Cash? All Over The World Governments Are Banning Large Cash Transactions. Its all about maximizing tax revenue. G.G. suggested this by Martin Hutchinson: Combining the Worst A bellwether event? …



Odds ‘n Sods:

Joshua H. sent a link to a nifty homemade hand crank flashlight, over at Instructables.    o o o In celebration of Labor Day, JRH Enterprises is offering full mil-spec AN/PVS-14 Gen 3+ night vision weapons sight monoculars at a special sale price. These are autogated and complete with soft case, head mount, head mount adapter, operators manual, batteries, lens paper, de-mist shield, sacrificial window, and ITT tube data record, et cetera. The price is just $2,895, which is less than most dealers charge for a standard Gen 3 scope. (As I mentioned before, these are the much more sought-after …



Odds ‘n Sods:

Roman sent us to a web page with some “outside the box” thinking: How we turned an old backyard swimming pool into a self-sufficient garden in a desert city.    o o o Following her recent training with Louis Awerbuck, Tamara weighs in about Tacticool Mall Ninja fashion consciousness. And she’s right. Looks don’t kill. Well-aimed projectiles do.    o o o ‘Don’t tread on me’ flags start disputes around the country. (Thanks to Judy T. for the link.)    o o o Pastor Chuck Baldwin (former Constitution Party presidential candidate) is wisely relocating his family from Florida to Montana.


Letter Re: Returns on Investments

James: Being married to an accountant, former government financial inspector and a finance director for a company opened my eyes to the concept of getting a return for my investment. For large tangible items, that concept is important. Oh, I certainly could fill a wall with a 55 inch plasma television, but what do I get in return for that investment? A wannabe movie screen that has a limited lifespan and sucks a chunk of energy? Will it help my long term bottom line of being financially independent and ready? The idea of investing in tangibles in a serious downturn …


Letter Re: Recommendation for “The Hunger Games” Trilogy

Hi, I just recently found your blog, and it’s really useful. I’ve recently become interested in self-sufficiency, and it’s a great resource. I wanted to share a book recommendation that I think might be interesting to your readers, a book series called The Hunger Games, by Suzanne Collins. It is a trilogy of young adult novels about a little girl who lives under a completely authoritarian state. The state requires ‘tributes’ from all 12 districts, children from age 12-18, one boy one girl. All are put in an arena to fight to the death, to show how much power the …


Economics and Investing:

Gold Rallying to $1,500 as Soros’s Bubble Inflates. (Thanks to B.B. for the link.) From The Daily Bell: WSJ Discovers the Austrians & Boettke – but not the Mises Institute Mort Zuckerman bemoans BHO‘s band of fools: The Most Fiscally Irresponsible Government in U.S. History. (A hat tip to Patrick S. for the link.) Oregon man pleads bankruptcy fraud, hiding gold. Apparently, he failed Cache Construction 101. From K.A.F.: Problem bank list climbs to 829 Items from The Economatrix: Top Economists: The Second Great Depression Has Arrived Struggling Cities Shut Firehouses in Budget Crises Mish: 10 Leading Retailers Close Stores; …


Inflation Watch:

You’ll pay 6 to 7% more this weekend for your steak and hamburger. This one is from Pravda (so my usual jaundiced eye proviso applies) Doomsday Scenario: Food Prices to Shoot Through the Roof. Some more about the CPI hedonics trickery that I mentioned: Chris Martenson on fuzzy numbers. Reader Jim P. mentioned that his local politicos in the Shenandoah Valley are doing away with a decal but keeping the fee! County Decals No More; $20 Fee Will Appear On Personal Property Tax Bills JP Morgan: Food Prices Are Actually Rising, It’s Just That Retailers Haven’t Passed It On… Thanks …


Odds ‘n Sods:

My recent interview on Doc and Reginald Kaigler’s Watchmen podcast is now available via YouTube.    o o o LVZ in Ohio notes that there is a home brew Pelton wheel project described here: Micro-hydro Power Bucket.    o o o Rod McG. pointed to the BBC’s Dimensions web page as a useful tool for visualizing disasters.    o o o N.R.S. mentioned this opinion piece from a as Northern California newspaper: Maybe the NRA’s right to be paranoid.    o o o I noticed that Darrell Holland’s Long Range Shooting video is now available on YouTube. Buy a copy …