Three Letters Re: Tropical Storm Ike’s Devastation Works its Way North to Ohio

Hello Jim, This note is in reference to the letter from Melanie and Rick in Columbus about the woman who never thought of using the grill to cook. I had a similar experience with my mother-in-law. While we had power and water, she had lost hers. I offered to bring buckets of water to her house so she could manually refill the toilet tank to flush with(she has septic). Not only did she not think of that, she couldn’t understand the concept. She ended up going to a hotel for a couple of days. People like this will not last …


Odds ‘n Sods:

Our Economic Editor sent us another huge batch of news and commentary–plenty for you to digest over the weekend: But I’ll focus on perhaps the most important article, that confirms my prediction of a gargantuan Mother of All Bailouts (MOAB): Paulson plan could cost $1 trillion. And now for the rest: Treasury pulls out stops to support money markets — Fed, Central Banks Move to Boost Global Confidence (“Wall Street’s biggest crisis since the Great Depression forced the Federal Reserve and central banks in other countries to pump billions of dollars into the world’s banking system in an urgent bid …


Jim’s Quote of the Day:

"If an American is to amount to anything he must rely upon himself, and not upon the State; he must take pride in his own work, instead of sitting idle to envy the luck of others. He must face life with resolute courage, win victory if he can, and accept defeat if he must, without seeking to place on his fellow man a responsibility which is not theirs." – Theodore Roosevelt


Observations on a Life on the Gulf Coast During the Hurricane Season

Jim, With [hurricanes] Gustav and Ike paying us a visit, I thought I would send you a note regarding the importance of self reliance versus shelter life. Living in the Gulf South, hurricanes are something you have to prepare for. Government support and shelter will not be there for you in the way you might think. Your lack of supplies or resources when you most need them, depending on the emergency, could mean a thoroughly miserable experience for you and your family at best; or [something far] worse if the emergency is wider and deeper in scope. Start making your …


Letter Re: Some Thoughts on Practical Preparedness — Things That Work

Jim: To follow-up on the last two e-mails that you posted from me, here are some random thoughts that I’d like to share on preparedness for when the Schumer Hits the Fan (WTSHTF): Use an eyeglasses “leash” (lanyard) to prevent the loss of glasses and reduce the risk of damage. Buy janitorial-size rolls os toilet paper, without perforations. Each roll is 1,000 feet long, and a box of 12 rolls measures about two feet square. These take up just a fraction of the room required to store the same length of toilet paper in standard household rolls. Use a kiddie-type …


Odds ‘n Sods:

I hope that readers took my advice and bought precious metals during the recent dip. The bank credit crisis seems to have woken the gold bull from his short nap. (Gold had one of its best one day gains ever, on Wednesday.) I believe that the bull’s charge will resume, shortly. Because the consumer economy now looks weak, I predict that gold will probably outperform silver in the next run-up. (Since silver is more of an industrial metal, whereas gold as seen as a safe haven when currencies are in turmoil.)    o o o Tim T. mentioned that any …



Notes from JWR:

It seems that we are now all in the insurance business. For a mere $85+ billion “loan”, the Federal Reserve–backed by the full faith and credit of the US Treasury–just became a 80% stakeholder in AIG, the nation’s largest insurance company. Hmmmm… Just as I warned, the Mother of All Bailouts (MOAB) has grown again. Methinks this is going to get a lot worse, before it gets better. Who will we bail out next? Chase Manhattan Bank? General Motors? United Airlines? Chuck E. Cheese? Hey, no prob, we’ve got a big checkbook. The sky’s the limit. We’ll just create the …


Letter Re: Silver Canadian Leaf Bullion Coins

Jim, I’m getting ready to add to my collection of gold and silver coins and wanted to bring up a perhaps significant point: American Silver Eagles have a face value of $1, whereas the equivalent Canadian coin (the 1 ounce Maple Leaf) has a face value of $5 Canadian – about $4.65 USD at the current exchange rate. The face value represents a built-in stop-loss should silver prices fall through the floor for any reason. At current prices, the face value of the Canadian caps your potential loss at slightly higher than 50% whereas with the U.S. coin you could …


Letter Re: A Recent Gasoline Shortage Underscores the Need to Be Low Profile

Sir: I’ve been a reader of your site for only about a year and consider myself a beginner-level survivalist. I’ve got the mindset and start of some basic short-term survival gear and knowledge, but haven’t been able to convince the wife to go all out yet. A few months ago, you had posted an article about keeping your level of preparedness secret from neighbors and I wasn’t sure why until recently. I live in Middle Tennessee, and although we are hundreds of miles away from Hurricane Ike, we experienced a short run on gas and spike in prices. Probably close …


Letter Re: Tropical Storm Ike’s Devastation Works its Way North to Ohio

Hi Jim, We live in Columbus, Ohio and had 76 m.p.h. winds on Sunday. We have been without power until late today. Our neighborhood looks like a war zone. Many trees on homes and in yards. There is some good news in that we shared our generator with neighbors. Others in the neighborhood were doing the same. Some of the kids set up a barbeque stand and were selling hot dogs and hamburgers for cost. This helped many to have meals. Everyone helped to clear trees and limbs from the roads and yards. Schools are still closed for Wednesday and …


Odds ‘n Sods:

Krys in Idaho flagged this one: Ike Holdouts To Be Forced From Home. Some comments from Krys: “This story shows the importance of two things: 1) Proper retreat location and2) Having multiple plans in place for multiple scenarios WTSHTF. Just because you plan to stay in place, doesn’t mean you’ll be able to.How many of these folks were perfectly able to weather the storm in place, but are being forced to move anyway, possibly at gun point? Food for thought.”    o o o Reader “M” sent us this: Money Market Fund Says Customers Could Lose Money. Money market accounts …



Notes from JWR:

Prompted by the clamorous economic headlines in the mainstream media, I’ve had numerous e-mails and phone calls from relatives and consulting clients, asking me “Is this it, Jim?” Please keep in mind that I’m not a prophet. I’m just a former spook that makes some empirical observations and draws some logical conclusions. But I can safely say that “it” appears to be a lot closer than it ever has been in my adult life. Be ready. Thanks to the generous folks at KI4U.com, the SurvivalBlog Benefit Auction package in the auction that just started this week has been expanded, to …


Letter Re: Advice on Get Out of Dodge Vehicles

James: I have a question about cars: In making your G.O.O.D. vehicle, which would be considered safer, a modern car with front and side airbags, a modern car with airbags and a roll cage, a modern car with airbags disabled/removed and a roll cage, or an old muscle car without airbags but with roll cage? – SF in Hawaii JWR Replies: To begin, from what I’ve read, most of the professional drivers in the executive protection business drive with only the driver’s side airbags disabled. Based on what I’ve heard regarding what models are driven by the winners at demolition …