Odds ‘n Sods:

From Bloomberg: Fed Boosts Lending to Banks as Credit Rout Continues. Bloomberg also reports: Bernanke Policy to `Destroy’ U.S. Dollar, Faber Says. It sounds like there are some perilous times ahead!    o o o Mark in Idaho mentioned: that he spoke recently with a good friend who lives in Southwestern Utah. Mark said that his friend went to his local LDS cannery over the weekend and was told to “hurry up and buy what he could since the cannery prices were going to increase, as of the 22nd of March.” That leaves just a short time before the price …




Jim’s Quote of the Day:

"We have the illusion of freedom only because so few ever try to exercise it. Try it sometime. Try to save your home from the highway crowd, or to work a trade without the approval of the goons, or to open a little business without a permit, or to grow a crop without a quota, or educate your child the way you want to, or to not have a child. We all have the freedom of a balloon floating in a pin factory." – Karl Hess




Note from JWR:

The high bid in the current SurvivalBlog Benefit Auction lot is now at $110. The auction is for a combined lot of five items: a 120 VAC/12 VDC BedFan Personal Cooling System (a $99 retail value), kindly donated by the manufacturer, a Thieves Oil Start Living Kit (a $161 retail value), the book “Healing Oils of the Bible“ by David Stewart, Phd. (a $19 retail value) the book “When Technology Fails“, by Matthew Stein (a $29 retail value)–all donated by Ready Made Resources, and a copy of the latest edition of “The Encyclopedia of Country Living” by the late Carla …




Characteristics of a General Purpose Survival Flashlight by W. in Washington

Let there be light. We take it for granted these days, but in the woods on a dark night, during a power outage, or–most importantly–in a long-term survival situation, you’ll quickly learn just how important light is, and how important it is to choose your illumination tools wisely. My purpose here is not to recommend specific lights. There are web sites that can better help you make that decision. I’ll include a few links at the end to get you started. What I want to do is offer my opinions about what I think makes for a good survival light. …




Letter Re: The AR-10 as a Primary Rifle for a Retreat?

Dear Jim: I have read time and again about .308 rifles on SurvivalBlog, and how you often steer people towards the HK and FN brands. What do you think about the Armalite AR-10 I have two, and like them very much, and have extensive spare parts and magazines. BTW, you won’t hurt my feelings if you do not like them, I just wonder why you [don’t often] mention them. Sincerely, Mark in Albuquerque, New Mexico JWR Replies: I have a personal preference for L1A1s, FALs, and HK91s, but I hardly rule out functionally equivalent rifles such as M1As and AR-10s. …




Odds ‘n Sods:

Patrick sent us a link to a promising new steam engine design. (I mentioned it once before in the blog, but their web site has recently been expanded, so it is worth another look.)    o o o Steve sent this: Citi Falls on Worries About Cash Levels. Steve’s comment: “The largest banks are in trouble and main stream media is reporting it.” Meanwhile, we read: Wall Street to Citigroup: Come clean    o o o Two more links from Eric, with more cheery news from abroad: International experts foresee collapse of U.S. economy and, Already we have riots, hoarding, …







Note from JWR:

You may have noticed some all-time highs were just reached in the commodities markets. Spot gold briefly reached $991 per ounce yesterday morning (intraday). It settled substantially by the closing bell, but the bull market in commodities is far from over. Meanwhile, crude oil futures spiked to nearly $106 per barrel. And the futures market for wheat was recently bid up to an unprecedented $25 per bushel. When I last checked, the US Dollar Index had sagged down to an alarming 72.66! Spot silver, while not at an all-time high (because of the extraordinary highs set during the Hunt Brothers-inspired …




Letter Re: Credit Unions Versus Banks for Safety?

Good Morning Jim, As I read today’s blog, I thought again about the safety of credit unions. As far as I have been able to discover, they have not jumped in to the derivatives like banks and mortgage companies did, and seem much safer than banks. Credit unions are mostly local and (though the requirements are often much less restrictive than they used to be) usually only have local residents as customers. Does anyone know any more on credit unions? I’ve long recommended credit unions to my friends and family in place of banks, since they usually offer lower loan, …




Letter Re: A Recipe for Hunza “No Hunger” Bread

Jim: I found the following recipe for Hunza Bread at the You Q&A web site, in Canada. Because this is a very filling “no hunger” recipe, I have found it very useful in losing weight. (Obviously in a survival situation, my goal would be to maintain my body weight, so I would eat a lot more of it.) It is very easy to make. Hunza Bread Recipe. 4 cups of water 3.5 (three & one half) to 4 pounds of natural buckwheat or millet flour 1.5 (one & one half) cups of olive oil 1.5 (one & one half) cups …




Letter Re: Will US Banking Turmoil Depress the Price of Gold?

Good Morning, I am a fairly new SurvivalBlog reader but like your range and depth of coverage in all things “survival”. I Hope you can help me with a metal question… I have collected gold and silver coins for over 10 years now and have always assumed I could sell them when the time was right, but I recently had a conversation with a local coin dealer who indicated they were cutting back their hours and that there were several other shops that were closing down their retail operations because a lot of people were only wanting to sell precious …




Odds ‘n Sods:

Don’t miss watching this brief video clip: John Williams of ShadowStats Warns: Economic Depression Ahead. (A hat tip to William D. for spotting that video link.)   o o o Jason B. sent us this: Gulf investors may not save Citigroup, Dubai executive says. Jason’s comment: “JWR’s prediction of bank runs may come sooner rather than later.” Meanwhile, we read: Banks’ Losses Could Put $900 Billion Squeeze on Consumers.    o o o In a recent issue of The Daily Reckoning, Bill Bonner commented: “Among the Fed’s efforts to relieve the bankers’ pain has been a new line of credit – …







Notes from JWR:

The folks at Ready Made Resources have kindly added two books to the current SurvivalBlog Benefit Auction. They are: “Healing Oils of the Bible“ by David Stewart, Phd., and “When Technology Fails“, by Matthew Stein. These will be added to the existing lot of auction items: a 120 VAC/12 VDC BedFan Personal Cooling System (a $99 retail value), kindly donated by the manufacturer, a Thieves Oil Start Living Kit (a $161 retail value) donated by Ready Made Resources, and a copy of the latest edition of “The Encyclopedia of Country Living” by the late Carla Emery (a $32 retail value). …




The Elephant in the Room, by Norman Church

“I’m right there in the room and no one acknowledges me.” “We must face the prospect of changing our basic way of living. This change will either be made on our own initiative in a planned way, or forced on us with chaos and suffering by the inexorable laws of nature.” – President Jimmy Carter (1976) Before we discuss this Elephant in the Room we must first briefly consider the notion of ‘sustainability’. Too often people debate sustainability issues from an understanding that is vague, incomplete or frankly flawed. “Just exactly what is meant when the word ‘sustainable’ or ‘sustainability’ …