Economics and Investing

A Daily Bell interview: Rick Rule on Scarce Commodities, the High Price of Gold and the Sale of Global Resources Several readers sent this: Zoellick seeks gold standard debate Quantifying What QE 2 Means for Future Inflation and Gold and Silver Prices  JBG sent this from a Wall Street Journal blog: Number of the Week: $10.2 Trillion in Global Borrowing Items from The Economatrix: Fed’s Trillions Purchase of Bonds is a Fraud Caught In A Lie: Bernanke Promised Congress the Federal Reserve Would Not Monetize the Debt But Now That is Exactly What is Happening Currency Wars, Debase, Debt Default …


Odds ‘n Sods

Tom M. sent us this: Alaska attack: A shot too late. The article begins: “Even as Scott Oberlitner squeezed the trigger on the .375-caliber H&H Magnum rifle and sent a massive slug flying toward the hulk of the charging Afognak Island grizzly bear, he sensed it was too late.”    o o o Deborah B. recommended and audio clip of a prescient speech by Congressman Ron Paul: “Dangerous times ahead”    o o o Garnet found a humorous article about an alligator attack.



Notes from JWR:

I’m scheduled for a two hour interview with call-in questions from listeners November 24th on EMPact Radio. — Today we present another two entries for Round 31 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 $795, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) C.) …


From Beginning Prepper, to Fully-Stocked Retreat: What to Buy, and When, by Scott in Wisconsin

It’s easy to see that the world may be heading for more trouble, and we need to prepare for hard times ahead.  But it can be daunting to decide what to do, what to stock, and when to get it. I’ve been working at this a while, and I’ve figured out a simple balance in what to buy, and when to buy it, that I think will help other Preppers move ahead with confidence. You could call it my 100/1,000/10,000 system, and I hope it helps you get going, and get to a place where you feel more prepared for …


Lessons for the Christian Prepper, by Dallas in Iraq

Seven hundred years before the birth of the Christ, a man named Hezekiah ascended to the throne in Jerusalem. Looking around, Hezekiah saw a nation divided and in spiritual decay. Bold action was needed to set the nation back on track. Though we may not be kings with the power to lead our country off of a path of destruction, I believe that there are several valuable lessons that can be taken from the experiences of Hezekiah and applied to the life of a Christian prepper. When we look around, we see a nation on the brink of disaster, just …


Economics and Investing:

P.D. flagged this one: Right Now, a Complete Collapse of the Financial System is Not Out of the Question Michael Z. Williamson (SurvivalBlog’s Editor at Large) recommended this article: Bernanke soft-pedals QE2 risks. The age of the dollar is drawing to a close. (Thanks to H.W. for the link.) Items from The Economatrix: Stiglitz:  We Have to Throw the Bankers in Jail or the Economy Won’t Recover Largest 15 States are Spending Over 220% of their Tax Revenue Microsoft CEO Sells $1.3 Billion of Shares World Blasts Deranged Madman’s Uncheckable Insanity German Minister Renews Fed Criticism Inflation Watch: Chris Mayer: …


Odds ‘n Sods:

There is an interesting new forum called Every Day Carry Central. It is essentially a forum for gear junkies with a focus on personal protection, security, preparedness and self defense related gear. They post opinions and gear reviews from people who really know what they are talking about. It is free to register on it and there are no annual membership fees, unless you want access to the buy/sell/trade forum. For an initial membership drive, on November 24th they are doing a giveaway drawing for more than $200 worth of gear just for registering on the site. If the winner …



Note from JWR:

Today we present another two entries for Round 31 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 $795, 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 Fiocchi 9mm …


Retreating: A Minority Perspective, by Alex B.

There are all the “normal” things a person who has decided that a TSHTF or even a TEOTWAWKI event is possible in the near future thinks about, and then there is the fact that  some of us are ethnic minorities and our current plans may be to retreat to areas that are overwhelmingly Americans of European descent.  The reality is that many of these areas are also the best suited to survive a TSHTF event or the (hopefully) unlikely TEOTWAWKI.  Thus the quandary: retreat to areas that are highly ethnically diverse, but less prepared, or retreat to areas that are …


My Deuce and a Half–The Ultimate TEOTWAWKI Bug Out Vehicle, by Tom E.

I have been an avid follower of SurvivalBlog for several years now and you and I want to thank JWR and my fellow readers for helping me to get prepared.  I am not nearly where I want to be yet, but thanks to your books and your blog, I am leaps and bounds better prepared than I was even two years ago. I am writing this article to help others discover what took me some time and research to figure out – what would be the ideal kind of vehicle in a TEOTWAWKI bug out situation?  You’re ready.  You have …


David In Israel on Secure Personal Computers

The recent article: “Built-in Obsolescence, by Margaret G.” prompted me to comment on personal computers. I am a die-hard anti-Windows guy. The troubles caused by the easy subversion of your own computer by bad people combined with terrible permissions allowing user space programs to affect and jump to your whole network makes it a no-go operating system for people wanting reasonable network security unless you are a computer scientist working for the NSA or other governmental agency with a contract which allows you to review and customize the actual source code. While most windows boxes die a slow slide to …


Letter Re: Built-in Obsolescence

JWR; This week I bought at a charity resale shop some silk and Merino wool sweaters, as recommended by a contributor. I also bought a La Crueset pan for a buck, blankets and a backpacking frame. Every single piece of my quality camping equipment came from garage sales. Americans buy a lot of stuff and just don’t use it and dump it at garage sales or charity resale shops. Debt-addled Americans so over-bought clothes that they are so cheap at resale shops and garage sales (as low as 25-to-50 cents apiece) that you could buy a lifetime of outfits for …


Economics and Investing:

Thanks to B.B. for this link: Dollar at Risk of Crashing, Triggering Inflation G.G. spotted this recent post over at Zero Hedge: David Stockman Says The Fed is Injecting High Grade Monetary Heroin into the Financial System Susan H. flagged this: Citi: Central Banks Are Going to Start Dumping Dollars in the Coming Weeks Doubts grow over wisdom of Ben Bernanke ‘super-put’. The last line in the article is chilling: “If they start to act on this suspicion, they could push rates higher instead of lower, and overwhelm the Bernanke stimulus. That would precipitate an ugly chain of events for …