Economics and Investing:

Jon sent this sobering news story: 45 percent of world’s wealth destroyed: Blackstone CEO. “Between 40 and 45 percent of the world’s wealth has been destroyed in little less than a year and a half,” Schwarzman told an audience at the Japan Society. ‘This is absolutely unprecedented in our lifetime’” J.W.P. mentioned this video interview of Dimitri Orlov. J.W.P.’s comment: “I continue to be amazed at how people actually believe that the current U.S. government will “find a way to get us out of this mess.” It can’t, and it won’t. We’ve seen how recent and current this administrations have …


Odds ‘n Sods:

Utah, Hawaii, Wyoming top ‘happiness’ poll (a hat tip to Michael H. for the link.)    o o o The folks that operate CampingSurvival,com also host an amazing collection of first-hand survival narratives. I found that the one from Hurricane Rita provided a useful glimpse into human nature, en extremis.    o o o OSOM mentioned a very good podcast on home defense at LewRockwell.com.    o o o Thanks to GG for sending this: Seed companies have a bumper crop of customers


Jim’s Quote of the Day:

“No one was psychologically prepared for hard times when they hit, because, according to the tenets of positive thinking, even to think of trouble is to bring it on. Americans did not start out as deluded optimists. The original ethos, at least of white Protestant settlers and their descendants, was a grim Calvinism that offered wealth only through hard work and savings, and even then made no promises at all. You might work hard and still fail; you certainly wouldn’t get anywhere by adjusting your attitude or dreamily ‘visualizing’ success.” – Barbara Ehrenreich


Note from JWR:

I’ve just completely revamped The SurvivalBlog Bookshelf page. By shopping using the provided links, with any title that is sold by Amazon.com you’ll help support SurvivalBlog, with sales commissions. OBTW, please do not order the new edition of my novel “Patriots” until April 8th–the planned “Book Bomb” day. This event is designed to boost the book’s Amazon sales rank. Thanks!


Some Thoughts on the Survival Vehicle, by OddShot

I recently had the opportunity to read JWR’s novel “Patriots” . As a former professional automobile mechanic with 25+ years of experience and having a similar history building, restoring and racing British sports cars (MGBs), I became intrigued with a certain aspect of his book: the preparation of a “survival vehicle.” This is intended to be a vehicle rugged enough, durable enough, and simple enough to be an important part of anyone’s survival program. My first consideration was to define this vehicle. Next, I set out to list a number of modifications to this vehicle that would increase it’s simplicity, …


Letter Re: Advice on Silver or Gold Jewelry for Barter?

Hello Jim, Been learning a lot from Survival Blog, thanks for the great work. I’m just wondering if sterling silver and 14 karat [gold] jewelry (plain [rings or chains], or gemstones would make good bartering items? Have been thinking of selling them and using the money for preparedness, etc but wondered about this. Thanks very much for all the useful information. – Mrs. H. JWR Replies: Although at first blush keeping jewelry on hand might seem practical, in actuality its drawbacks outweigh its benefits. Perhaps metals, but gemstones are a definite no. Gemstones–either diamonds or colored stones–will not be trusted …


Economics and Investing:

Jasper found this item from the McClatchy News Service for us: Regulatory reports show 5 biggest banks face huge losses. Here is a key quote: Citibank, Bank of America, HSBC Bank USA, Wells Fargo Bank and J.P. Morgan Chase reported that their “current” net loss risks from derivatives — insurance-like bets tied to a loan or other underlying asset — surged to $587 billion as of Dec. 31. Buried in end-of-the-year regulatory reports that McClatchy has reviewed, the figures reflect a jump of 49 percent in just 90 days. Hmmmm… “Derivatives.” Where have I heard that word before? DD sent …


Odds ‘n Sods:

I just noticed that Atlas Shrugged by Ayn Rand has jumped to #62 in the Amazon sales rankings. (Out of four million+ titles.) Not bad for a 52-year-old novel! Meanwhile, Gardening When It Counts: Growing Food in Hard Times by Steve Solomon has advanced to #316. Those statistics tell me a lot more than anything we are hearing from the cheering section at CNBC.    o o o Garret D. flagged this piece from Time: Another By-Product of the Recession: Ex-Convicts    o o o The folks from CampingSurvival.com (one of our loyal advertisers) just launched a completely re-vamped web …



Two Letters Re: Storing Food Without Refrigeration

James Wesley; Cruising World magazine’s January 2009 Issue has a valuable article on food storage without refrigeration. It includes downloadable charts in PDF format. I would recommend that anyone not certain of the long-term power grid operation might want to take a look at these charts which list the specific food (everything from fresh fruits and vegetables to canned goods), the best way to store without refrigeration, the expected shelf life of the food, and informative notes. The article, by Beth A. Leonard, is titled: “Cruising without the Fridge: Stowage charts for provisions to help you have fresh food for …


Letter Re: Supply and Demand at American Gun Stores

James, We finally caught up on magazine sales in late February, filling our last outstanding back orders, and I actually have a limited number of C Products AR-15 magazines in stock and some Magpul PMags (which I really like). The manufacturers tend to send out a half of an order and then a few weeks later, the balance of it. They are clearly allocating inventory across their customer base and I would estimate that they are running two to three months behind. The delivery situation is getting worse, and my guess is that new orders placed today would likely arrive …


Letter Re: Some Observations at a Recent Gun Show

JWR, I attended a gun show in a Southern state this weekend and wanted to share my observations. I got there very early and was among the first ten in line. By the time we were allowed to enter, the line was out the door of the building and around the corner. I’d estimate around three hundred people in line. I left the show a mere hour later and the room probably had in excess of eight-hundred people and the line was still quite long. Ammo, of course, went fast. I was able to acquire all the ammo I desired, …


Letter Re: Best Shotgun Pellet Size for Home Defense?

Hello. This morning I read the recent SurvivalBlog letter asking about buckshot, bird shot, and slugs for shotguns. Since this was a question of home-defense and you had mentioned The Box O’ Truth web site, I wanted to direct you to this article. Apart from my feeling that a rifle is a better tool for home-defense, what I really wanted to point out was the collection of links from The Box O’ Truth, especially their articles #20 and #42. If you are going to use a shotgun, it’s not enough to say “Okay, I’ve got such-and-such Buck in there, I’m …


Economics and Investing:

Video clip from Australia: Jim Rogers calls is straight on the MOAB, economic recovery, switching to tangible assets, and buying productive farmland. Rogers: “Yes, we are going to have another depression in the United States.” Thanks to FloridaGuy for this: Pontiac, Michigan may lay off all school teachers GG sent a link to an Ambrose Evans-Pritchard video interview on the rush into gold over “high degree of fear” regarding hyperinflation and economic collapse From R.S.R.: Statistician Says US Joblessness Near Depression Highs (19.1%) Items from The Economatrix: Gunmakers and Retailers Post Strong Sales Increases World Stock Markets Fell Again (Monday) …


Odds ‘n Sods:

More evidence that survivalism is going mainstream: Can you survive economic crisis?, Booming preparedness industry says Americans are stockpiling. (A tip of the hat to J.W.P. in California, who was the first of several readers to send that link.)    o o o KAF sent the link to a captivating article at the Global Guerillas blog on the concept of Fictive Tribes. On an intellectual and philosophical level, Rawlesian survivalists are already a tribe. Sometimes it is something as subtle as a “thumbs up” sign when someone spots your SurvivalBlog hat or T-shirt at a gun show. But often it …