Letter Re: Wealth Destruction–Real Wealth or Just On-Paper Wealth?

Sir: I followed the link in Thursday’s blog to this I followed this news story: 45 percent of world’s wealth destroyed: Blackstone CEO. It stated: “Between 40 and 45 percent of the world’s wealth has been destroyed in little less than a year and a half.” I don’t see how Schwarzman can be right about that. The factories are still there. the farms are still there. The houses are still there. And there are still warehouses full of everything from Machinery and bar stock to Sponge Bob Squarepants toys.So what has been destroyed are just “on paper” profits, not any …


Letter Re: A Technique for Crossing Barbed-Wire Fences

Mr. Rawles, On foot crossing a barbed wire livestock fence that is stretched tight can be a problem. Stretching the fence with the hands makes a small space. Hanging gear and loose clothing seem to always find a barb to catch. The trick is to make a pair of fence stretcher/stabilizers. Any material can work but light weight metal is the best. The stretching sticks or bars only need to be strong enough to not bend in the middle while under tension. I recommend using two pieces of lightweight metal bar stock about 14 to 16 inches long. Notch each …


Letter Re: Beeswax Candles as an Emergency Heat and Light Source

Hi Jim, Here are a few links for Beeswax survival “cooking” candles. They burn cleaner and longer than paraffin and are also considered safer. (Though they may not be the best choice for burning outdoors in bear country!) Pheylonian Survival Candles Pheylonian eShop Zen Stoves – All Grace, No Slack, Really-Reformed Kris


Economics and Investing:

Inyokern sent this “must read” piece that compares the current collapse with 1929: Surviving the Great Collapse Mike K. spotted this telling news article: A Trashed Economy Foretold, Intake at Landfills Has Been Falling From Joan M.: Canada’s dirty subprime secret Laura H. sent this: Banks scramble to return bailout funds From Ben in Nevada: Dollar Crisis in the Making – Before the stampede


Odds ‘n Sods:

Germ Warfare Guru Goes Free, Why did Malaysia release Al Qaeda’s bioweapons expert? (Thanks to DD for the link)    o o o The folks at SafeCastle have added four sizes of the eminently practical Bury ‘Em Tubes to their product line. Safecastle Royal club members get 20% off, as usual–and shipping is free.    o o o N. in Michigan sent this: Gold For Bread – Zimbabwe    o o o And to close with a bit of humor, Shopping in Texas?


Jim’s Quote of the Day:

“Money is a mirror of civilization. Throughout history, whenever we find good, reliable noninflated money, we almost always find a strong, healthy civilization. Whenever we find unreliable, inflated money, we almost always find a civilization in decay.” – Whatever Happened to Penny Candy? by Richard J. Maybury, Karl Hess, Kathryn Daniels, and Jane A. Williams


Notes from JWR:

Today is the last day to bid! The high bid in the SurvivalBlog Benefit Auction is now at $1,485. This auction ends at midnight (Eastern time), tonight, March 15th. It is for a large mixed lot, which includes:: 1.) A “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 …


My Tale of the Hurricane Rita Evacuation. August, 2005, by Dan G.

I was working in a pawnshop in Aransass Pass Texas, about 20 miles North of Corpus Christi, Texas. Two days earlier my wife and I watched the destruction of New Orleans on National Television, the news coverage was continuing around the clock as the drama unfolded. Gasoline had shot up from $1.56 to $2.99 a gallon overnight and of course I had to fill up that morning to get to my menial low paying job. Late that afternoon a rich looking couple driving a huge brand new pickup truck, came into the pawnshop. They spoke very loudly about how their …


Letter Re: Selecting Retreat Properties–Pros and Cons of Buying Remote and Off Grid

Jim– A note regarding my own experience with remote property ownership …I owned a wonderfully ideal 40-acre bug-out property in northern Minnesota for many years. It was very remote. Some of the closest neighbors did not even know there was a cabin back in those deep woods. It was backed up to a large, forested DNR property that was itself bounded by swamp. My other bordering neighbors were full-time residents who were kind of ornery (very protective of their property and thus unintentionally served as guardians of my property) and so that was a plus. We were a half-hour from …


Economics and Investing:

From Eric in Tennessee: China ‘worried’ about US Treasury holdings. Reader Kyle D. sent the same link. Kyle quipped: “At least they didn’t say the dreaded ‘D’ word: Default.” The Other Chris sent this: Homeowners See U.S. Taxes Rise as Property Values Sink Amid Deficits. “Gee, Wally, if property values are declining, shouldn’t our taxes be going down?” Courtesy of Jay, comes: Glenn Beck’s The Inconvenient Debt. Jay’s comment: “[In this video segment,] there is great chart presented by Glenn Beck on the US money supply since 1929. It is shocking.” DD forwarded this from MSNBC: Investors and homeowners woes …


Odds ‘n Sods:

Given the current ammunition and reloading components shortage in the US, this news couldn’t have come at a worse time: “Effective immediately DOD Surplus, LLC, will be implementing new requirements for mutilation of fired shell casings. The new DRMS requirement calls for DOD Surplus personnel to witness the mutilation of the property and sign the Certificate of Destruction. Mutilation of the property can be done at the DRMO, if permitted by the Government, or it may be mutilated at a site chosen by the buyer. Mutilation means that the property will be destroyed to the extent prevents its reuse or …



Letter Re: Idaho and Washington as Retreat Locales

Hi Jim, I heard that Washington state joined the 10th Amendment movement. Funny, but we moved out of that state in February because it was seemingly so socialistic. Since then we’ve been actively looking for a small farm in Idaho but when I heard that news I wanted to see if you think it advisable to look into eastern Washington too. I’m amazed at all the properties for sale there. You can get so much more for your money there. But I wanted to check with you first. Thanks, – Evan S. JWR Replies: Keep in mind that just a …


Letter Re: Selecting Retreat Properties–Pros and Cons of Buying Remote and Off Grid

Jim: To follow-up on your recent article, a very big “Pro” to buying off-grid land that was not mentioned is that you will not have strangers having access to your property. I am specifically referring to the Meter Reader for the utility company. I have “country” property on the Grid and have to furnish the Meter Reader a key to access the property to read the electric meter. The Meter Reader comes once a month to read the meter. I have not figured a way to deny them access. (Maybe you have a suggestion on how to prevent the meter …


Two Letters Re: Some Thoughts on the Survival Vehicle

Hi James, Regarding the article “Some Thoughts on the Survival Vehicle” – I couldn’t agree more with the choice of an older Ford truck. I love mine. The only part I take exception to is converting permanently from electronic ignition to a mechanical point type distributor. I understand the EMP and other concerns, but there is a caveat readers need to be informed of. Some/most Fords with 302 or 5.0 liter engines in the mid- to late-1980s and on were equipped from the factory with a hydraulic roller lifter camshaft. The roller cams are made of very hard steel, harder …