Economics and Investing:

G.G. flagged this: Silver outshines gold for investors. “Sales of silver American Eagle coins have reached just over four million ounces so far in 2009, almost double the rate of last year, when sales reached 19.6 million ounces for the full year.” Pat M. forwarded this Reuters news video: Hard Times Push Brits to Bartering Frequent contributor Bill N. recommended this commentary by Paul Craig Roberts: How the US Economy Was Lost. Items from The Economatrix: Watch Now as Pension Funds Get Vaporized Ron Paul: This is an End of an Era…We Can’t Reinflate the Bubble Boomers: 30% Underwater Weak …


Odds ‘n Sods:

CIA and Pentagon Wonder: Could Mexico Implode? (A hat tip to Darin B. for the link.)    o o o MP sent this: Recipes from The Great Depression.    o o o Cheryl sent this: EMP Attack: Overlooked Catastrophe    o o o Mrs. G. in Montana found a site that he thought would be of interest to the ladies: The Homemaker’s Mentor. She notes: “I was looking for directions for dehydrating eggs and found a forum for a group of women who are striving for prepare for their families. Oh and speaking of the distaff viewpoint, also check out …



Note from JWR:

The high bid in the SurvivalBlog Benefit Auction is now at $710. This auction is for a large mixed lot, which includes:: 1.) Another “be ready to barter” box of 38 full-capacity gun magazines, from my personal collection in JASBORR. This box includes: 4 – Used original East German 30 rd. steel AK-47 magazines in a “raindrop” camouflage pattern belt pouch, 12 – Excellent-to-new condition original Bundeswehr contract HK91 (G3) alloy 20 round magazines, 6 – Well-used but serviceable condition original Austrian FN-FAL steel 20 round magazines with cartridge counter holes, 10 – Used AR-15/M16 USGI (all Colt made!) alloy …


Depression Proof Jobs for a 20 Year Depression – Part 2: Developing a Home-Based Business

Yesterday, in Part1, I discussed the “safe” and counter-cyclical occupations for the unfolding economic depression. Today, I’d like to talk about one specific approach: self-employment with a home-based business. I posted most the following back in late 2005, but there are some important points that are worth repeating: The majority of SurvivalBlog readers that I talk with tell me that they live in cities or suburbs, but they would like to live full time at a retreat in a rural area. Their complaint is almost always the same: “…but I’m not self-employed. I can’t afford to live in the country …


Letter Re: Real World Observations on Fighting Crime and Criminals

Hello Sir! While visiting your site this morning, I read a letter by someone talking about residential break-ins. While I don’t wish to contradict anything stated in the letter, there are a few points that should be made. 15 years ago, I made the decision to train as a Locksmith. I have my own locksmith business is in it’s 10th year and going strong. I’ve worked in banks, with police and even the DEA. I’ve been at the scene of scores of break-ins, assessing the damage as well as repairing and fortifying the sites. This brings me to the point; …


Letter Re: eXRS Radios and Texting in the Field

James:| A current discussion forum thread {at AR15.com] on eXRS two-way radios is worthy of mention. Also see this description. In searching the SurvivalBlog archives, I only found one post mentioning eXRS Radios. Here is a description of test by a paintball team. What are your thoughts for secure short range comm? Text messaging could have some uses for silent comm. – Craig W. JWR Replies: The eXRS radios are fine in the voice mode, but I am very dubious of the tactical practicality of text messaging, at least once the lead starts flying. Who in their right mind is …


Economics and Investing:

A picture is worth a thousand words: Graph of Four Bad Bear Markets. Based upon house prices, commercial real estate prices, and stock P/E rations, I’d say the markets have another 50% or more to fall, and the painful process may take another eight to ten years. And that is just to reach rock bottom, There may be another 10 years of climbing back up out of the hole that “Easy Al” Greenspan and his successors dug for the planet. (Link courtesy of Jesse’s Café Américain blog, and brought to our attention by SurvivalBlog reader Ben H.) Thanks to Thomas …


Odds ‘n Sods:

Susan Z. sent us this article about barter from Michael Panzner’s blog: Cashless Improvisation    o o o F.R. sent this: Brit Couple Saved After 40 Days Lost at Sea    o o o The folks at Safecastle mentioned that their big 25% off sale on Mountain House canned long-term storage foods is underway. Safecastle Royal members who buy four cases or more (at 25% off and free shipping of course) get a free 35 gram pouch of CELOX traumatic wound coagulant. If they buy 12 cases or more, they get a CELOX pouch and an Optimus Crux lightweight backpacking …



Notes from JWR:

Here it comes! Despite his campaign promises: “I believe in the Second Amendment. I believe in people’s lawful right to bear arms. I will not take your shotgun away. I will not take your rifle away. I won’t take your handgun away. … There are some common-sense gun safety laws that I believe in. But I am not going to take your guns away. .”, it comes as no surprise that President Obama is now asking congress to renew the 1994 Federal “assault weapons” and “high capacity” magazine ban. Now, just a few months later he has done an about-face …


Depression Proof Jobs for a 20 Year Depression – Part 1: The Counter-Cyclical Jobs

The current economic downward spiral has prompted several SurvivalBlog readers to write me and ask: “My job is now at risk, so what are the safe jobs?” I’ve actually addressed this topic fairly well since I started SurvivalBlog in 2005. We ran a “best recession-proof jobs” poll, back in May of 2006. Then, in February, 2007, we ran a poll on “Best Occupations for Both Before and After TEOTWAWKI”. Later, we even ran a poll on the current occupations of SurvivalBlog readers. In the past three years, we’ve also posted a panoply of more detailed employment-related letters and articles on …


Letter Re: Buying Kindle Reader for Accessing Survival References?

Mr. Rawles; Given that even the smallest of windmills driving an automobile alternator can keep a 12 volt DC battery charged, and from that you can run a myriad of small devices, what is your opinion of Amazon’s Kindle [mobile book reading screen] for keeping all the documents you might need, like the entire archives of SurvivalBlog? Amazon is now offering “Version 2” [of Kindle] , which seems easier to load with personal documents. Is it worth it as a backup library, or is it too fragile? – Sandy W. JWR Replies: Buying a shiny new Kindle for that purpose …


Letter Re: Is it Deflation or Inflation Ahead? Should I Pay Down My Debts?

JWR, Thanks for the always excellent blog. I recently came into a significant wad of money, more than $100,000. I have been toying with my options. I owe around $200,000 on my house, but I can afford the payments no problem; I am self employed in a health-care related field that I do not expect to struggle. My thought process goes something like this: Why should I pay the mortgage down on my house since (1) I can afford my house easily, (2) with inflation coming I would rather pay it down with 2012 or 2014 dollars (that are “worth …


Economics and Investing:

E.L. sent us the link to this “must watch” seven minute video clip of from Fed Chairman Paul Volker. It has some interesting nuggets and is a somber assessment of the unfolding global economic collapse. Reader “Darth Paul” mentioned a video clip of an ex-IMF Chief Economist. Paul’s comment: “I especially got caught up at 6:40 on the counter: “Obama’s and Geithner’s choices for administration? It’s a huge problem!”, “I’m trying to be positive but my intuition from crises is that this is gonna get a lot worste…we are going down a long, dark, blind alley”.” Mark in Michigan flagged …