Economics and Investing:

Most of you have noticed the recent price action in silver and gold. Typically, the precious metals go through “Summer Doldrums” each year, with light trading and moderated prices. But not this year! One can only ask: if the market this strong in August, then how will it be in November, as the US Dollar Index (USDI) continues to slide? I hope that you took my advice and bought silver when it was recently under $12.50 per ounce. In my estimation even at $14.50 per ounce, silver is still a bargain. As I’ve often written, buy on the dips. BusinessWeek …


Odds ‘n Sods:

Reader WW says: “Welcome to the Third World, America”: Horse slaughters have Miami-area owners on edge    o o o Beware march of the killer robots, expert warns. (Thanks to FG for the lead.)    o o o Hey, I just noticed that I finally logged my first reader in Cuba! So it is time for an experiment: Fidel Castro is expected to die before the end of August, but will not be succeeded by Hermano Raúl Modesto. (I’ll bet that I suddenly get several more mapped hits in “Cuber”. But of course, they will all just be los escuchas …




A Prepper Husband and a Stubborn Wife, by JRM

Part 1 – Introduction History will repeat itself, for history has shown, that history will repeat itself. Unfortunately my wife is not interested in history. She is, however coming around, and now I pass my knowledge on to others whose “significant others” might not see the picture. Understanding the situation is the first step to doing something about it. As a young (25 and 22 years old) couple, attached to the US Navy, (entering my sixth year of service) my worst nightmare is a TEOTWAWKI event occurring when I am 2,000 miles away. There is little to be done about …


Three Letters Re: Here Comes Winter!

Hello JWR, In reply to LRM in Perth on winter gear, I agree with the idea of layering, and using the outer layers to create a waterproof and windproof shell. I disagree that cotton is the fabric of choice to do it. If your activities are mostly sedentary, I think the cotton might work alright, as it is breathable, and you’re not perspiring much. However, if you are engaged in a physical activity, such as patrolling, doing chores, etc, you will need to both shed outer layers, and have a good hydrophobic fabric to pass the moisture created by perspiration. …


Economics and Investing:

“John Smith” sent this: Bailout Banks Buying Treasuries Help Keep Rates Low. John’s comment: “This article illustrates how the Fed has cleverly ‘deputized’ banks to do its dirty work. Through a combination of very cheap funding (due to Fed policies) and lack of other attractive places to deploy money, banks have been encouraged to buy huge amounts of longer-term treasuries, effectively doing the Fed’s Quantitative Easing for it. So Quantitative Easing is alive and well, even if the Fed is just playing the role of central planner, not buyer in chief. That’s some slick sleight of hand by Chairman Ben. …


Odds ‘n Sods:

Thanks to Karen H. for spotting this: Dehydration and Heat Stroke    o o o Long-time SurvivalBlog reader “E.” found this blog valuable: Early Retirement Extreme. E.’s comment:” The early retirement process is completely compatible with the preparedness lifestyle: pay off your debts, simplify, don’t fall into the consumerism trap, be as self-sufficient as possible, get in shape, learn useful skills so you can do-it-yourself, don’t depend on The System to take care of you, and so on. The author also subscribes to the Peak Oil theory. BTW, ‘early retirement’ provides a wonderful cover for those who want to keep …


Jim’s Quote of the Day:

Thus saith the LORD, Stand ye in the ways, and see, and ask for the old paths, where [is] the good way, and walk therein, and ye shall find rest for your souls. But they said, We will not walk [therein]. Also I set watchmen over you, [saying], Hearken to the sound of the trumpet. But they said, We will not hearken. Therefore hear, ye nations, and know, O congregation, what [is] among them. Hear, O earth: behold, I will bring evil upon this people, [even] the fruit of their thoughts, because they have not hearkened unto my words, nor …


A Vault Full of Hedges: Tangibles, Tangibles, Tangibles!

My gun vault down in Jim’s Amazing Secret Bunker of Redundant Redundancy (JASBORR) is now full. It is a large vault (a Zanotti ZA-III modular six-footer) but it isn’t big enough. For more than 30 years, I’ve been accumulating barterable tangibles: guns, full capacity magazines, precious metals, optics, and knives. Each of these represents a fairly compact and liquid asset. They all have practical uses, although the coins and ingots are more of a medium of exchange rather than something intrinsically useful in and of themselves. (Oh, I suppose the silver could be melted down, cast into bullets, and put …


Letter Re: Increasing Security for an 1870s House

Hello Jim, My family and I have been offered a great price on a house ($7K,000 for a 3,400-square-foot two-story house, built in 1876, with a full basement and large backyard–the house was originally on the market for $104,000, but the seller hasn’t had any offers in three years, since the housing market crashed) in a small city with open spaces less than an hour’s walk away if bugging out should become necessary. However, the bigger appeal of this house is the ample space it provides for us and a few other family members, a large backyard for gardening and …


Two Letters Re: Here Comes Winter!

Dear JWR, I enjoyed the great advice from Peter H. on being prepared in the winter. As a life-long Chicagoan and having spent lots of time snowmobiling in upper Wisconsin, please let me offer a few additional tips on dressing for cold weather. Keeping warm in the cold is all about layering underneath and waterproof on the outside. I prefer cotton clothes to the newer athletic-type wicking clothes which don’t seem to hold the heat as well. Start with cotton long underwear which is snug but not too tight. A second pair of long underwear is all you should need …



Economics and Investing:

Eugene in Anaheim sent this: New Cash Steered to Clunkers Thanks to Karen H. for this: America’s Recession ‘Safe Zone’ Shrinking From The Daily Bell: Bob Chapman on gold, silver, a bank holiday and the monetary elite Regulators shut down banks in five states; Regulators close banks in Fla., NJ, Ohio, Okla., Ill.; 69 US bank failures this year Items from The Economatrix: Weiss: Urgent Financial and Economic Crisis Investment Strategy Update “It’s only fair to acknowledge that the economic depression I foresaw in my book and in my reports is unfolding more slowly than I had expected. … the …


Odds ‘n Sods:

Karen H. recommended this piece over at the Utah Prepper’s site: Making Better Char Cloth    o o o Trent H. and GG were the first of nearly a dozen readers to send us this Wall Street Journal piece that is right up our alley: Hollywood Destroys the World The new wave of disaster movies and TV shows isn’t about staving off the apocalypse. It’s what happens afterwards that counts. Viggo Mortensen versus the cannibals.    o o o SurvivalBlog just became a featured blog at AmmoLand.com    o o o What part of “no jurisdiction” don’t they understand? Up …