Jim’s Quote of the Day:

" …vaults of the central banks and return to the pockets and purses of private individuals, for gold is the only really sound money with intrinsic value. The desire to return to gold is understandable, and we hope to see it realized some day, although the argument in favor of the gold standard is not always stated in a valid way. The distinctive function of gold money does not consist in its intrinsic value or in the constancy of that value, which fluctuates even in the absence of government intervention. The excellence of metallic money in free circulation consists in …


Notes from JWR:

Today we present another entry for Round 23 of the SurvivalBlog non-fiction writing contest. 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 foods, courtesy of Ready Made Resources. Second Prize: A “grab bag” of preparedness gear and books from Jim’s Amazing Secret Bunker of Redundant Redundancy (JASBORR) with a retail value of at least $350. Third Prize: A copy of …


Three Rules for Living Through the Second Depression, by Chaz Valenza

I believe we are on the precipice of the Second Depression. Though President Obama is working valiantly to turn the country’s financial ship, it appears to me that the lack of a genuine economic engine to create sufficient, sustaining, value-adding jobs will come too late. What should the common man do? Much of the advice on how to live through such hard times is often too specific, not specific enough or draconian. How many of us are ready or should even consider survivalist methods? Who among us can afford to completely restructure their finances on a moment’s notice? Which of …


Letter Re: GPS for Day-to-Day Use and Survival

Hi Jim, I enjoyed that excellent GPS article [by Mike S., “GPS for Day-to-Day Use and Survival”.] It squares well with my personal experience. GPS on-board mapping has many errors. Seems worse in the hinterlands. Also pretty bad where new construction is concerned. I was amused while driving in MA that for about a half mile my GPS unit thought I was driving down railroad tracks. While snowshoeing with friends, my buddy had to demonstrate the GPS on his iPhone. All it showed was a dot in the middle of a blank screen. We were beyond the reach of cell …


Influenza Pandemic Update:

LJ in England sent us this: Swine flu deaths in Britain soar to 29 as 12 die in four days Andrew in England sent this from Yahoo UK: Pandemic threat ‘worse than terror’ From Cheryl: Great Pandemic Flu of 2009 is Coming and No One Can Stop It! Cheryl’s comment: “This is a 2006 novel, Another Place to Die by Sam North, called a blueprint for survival tips for the coming pandemic. Worth checking out. It might deserve a place next to Patriots.” SR recommended this: Fight for swine flu vaccine could get ugly


Economics and Investing:

Reader IJS flagged this: Ron Paul: Obama Will ‘Destroy the Dollar’ Jim Sinclair (of JS Mineset) mentioned this chart posted at Contrary Investor, showing levels of derivatives exposure. Jim Sinclair raises and interesting question: Where does Goldman Sachs actually have the majority of their derivatives plays? And this chart is also illuminating. In the same piece, Sinclair included a link to this: Mobius Says Derivatives, Stimulus to Spark New Crisis. I have been warning folks for years that the derivatives market is like a ticking time bomb! A full-scale derivatives implosion could make the current economic crisis seem trivial, by …


Odds ‘n Sods:

Some unexpected fallout from the Kahre American Eagles legal tender case: U.S. Attorney Wants Newspaper to Name Names. (Thanks to Chad in Missouri for the link.)    o o o F.G. mentioned this guaranteed-to-choke-you-up commercial from Ford.    o o o Reader KAF brought this piece in IBD to my attention: It’s Not An Option; Congress: It didn’t take long to run into an “uh-oh” moment when reading the House’s “health care for all Americans” bill. Right there on Page 16 is a provision making individual private medical insurance illegal. Meanwhile we read: Congressional Budget Director Warns Health Care Bills …



Letter Re: Recommendations on Discreet Self Defense Weapons and Training

Mr. Rawles: I am at a disadvantage to your American readers. I live in a suburb of London, and travel by train to work each day. Street crime is now out of control in some neighbourhoods, but I cannot carry a weapon. I must say that I’m envious of Americans that can carry concealed pistols and revolvers. Here, I cannot even carry a pocket knife. Are martial arts effective, and if they indeed are, then which one will be most effective with not too much time for training? What do you suggest? Thanking You in Advance, – G.H. in England …


Three Letters Re: N95 Masks for Influenza Protection

Dear Jim and Family, I recently read your book “Patriots”. It was a great read and really scared me too. it brought to light all of fears I have in the back of my mind on how fragile society is and our economy. It is spurring me into action now although it will have to wait as I am deploying to Afghanistan in the next couple of months. I just read your section on the Swine Flu and the question of N95 masks and wearing them. As an 11-year veteran career firefighter and sergeant in the Army National Guard, I …


Economics and Investing:

From frequent content contributor GG: Commodities market is the place to be, says Jim Rogers. Rogers describes Ben Bernanke: “He’s an idiot.” Reader HPD mentioned this piece by Robert P. Murphy: Mish Should Ditch His Deflation Fears Who’s getting hit most by layoffs? LA mayor: City will pay costs from Jackson event. How can Los Angeles justify this expense, given their fiscal situation? Struggling Landlords Leaving Repairs Undone GG sent this: Federal tax receipts down 31% in Second Quarter Items from The Economatrix: Brand Name Companies Go Bankrupt Obama Says Unemployment Will Increase for Months How jobless numbers will respond …


Odds ‘n Sods:

Reader JN-EMT mentioned a site that describes a straightforward method to refuel a propane-converted car or truck from a 20 pound barbeque LPG cylinder. Take a look at this page for the “gas can” and other propane ideas.    o o o F.R. found this piece at the New Scientist site: Is your city prepared for a home-made nuke?    o o o Experts Now Saying Recent Cyber Attacks Came From Britain, Not North Korea    o o o Cheryl sent this article from Sacramento, California: Rise in County Gun Sales Tied to Fewer Cops, What Obama Might Do    …



Notes from JWR:

For the next two weeks, starting today (Wednesday July 15), Ready Made Resources is having a special 25% off sale on case lots of Mountain House Freeze dried foods in #10 cans, with free shipping to the Continental United States. Please don’t miss out on this sale, as they don’t happen very often. Stock up! — Today we present another entry for Round 23 of the SurvivalBlog non-fiction writing contest. 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.) …


Medical Insurance for Prepared American Families, by Pat C.

The American healthcare system is collapsing and it will continue to do so no matter what comes out of the current debates in Washington. As a result, healthcare in the United States will continue to rise in cost. Worse, healthcare will become difficult to obtain; specialty care is already scarce in some areas and many rural counties do not have even one doctor who will accept Medicare patients. There are many reasons for these developments that are too complicated to outline here but it’s important to be aware of these trends because they will affect your ability to obtain care …