Welcome to SurvivalBlog’s Precious Metals Month in Review. Here, we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold, and examine the “what” and “why” behind those numbers. This column is authored by Steven Cochran of Gainesville Coins. Today, we highlight the effects of terrorism on the price of gold.
What Did Gold Do in May?
Gold stated the month of May right at $1,268. However, unexpectedly strong economic data blasted prices down by $40 an ounce to a seven-week low in the first week. The first estimate for the US economy in the second quarter was far higher than anyone expected, and the Federal Reserve declaring first quarter weakness was temporary.
Gold prices bottomed out on May 11, and began an uptrend that saw the gold market erase all of May’s losses by the … Continue reading
Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Today we focus on counterparty risk in derivatives contracts. And most of the following items reflect the quirky “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor):
Looking ahead, Nick Cunningham recently posted this forecast: Four Wildly Different Oil Price Scenarios For 2020
On to foreign exchange (Forex) news: USD/CAD Continues Decline
Global Stocks and Bonds:
Moving on to the stock and bond markets, U.S. stocks hit an all-time high on Friday. JWR’s Comment: I’m definitely not in the Perma-Bull camp. What goes up must come down. So… What will be the key warning to watch for? Any upcoming … Continue reading
“The crowded transports of Task Force 53 arrived off Tarawa Atoll shortly after midnight on D-Day. Debarkation began at 0320. The captain of the Zeilin (APA 3) played the Marines Hymn over the public address system, and the sailors cheered as the 2d Battalion, 2d Marines, crawled over the side and down the cargo nets.
At this point, things started to go wrong. Admiral Hill discovered that the transports were in the wrong anchorage, masking some of the fire support ships, and directed them to shift immediately to the correct site. The landing craft bobbed along in the wake of the ships; some Marines had been halfway down the cargo nets when the ships abruptly weighed anchor. Matching the exact LVTs with their assigned assault teams in the darkness became haphazard. Choppy seas made cross-deck transfers between the small craft dangerous.
Few tactical plans survive the opening rounds of execution, … Continue reading
Having basic camping supplies is a great insurance to have, just in case. It can be both camping and prepping equipment. Your tent, sleeping bag, outdoor cooking supplies, and forms of electricity-free entertainment, are all ripe for testing, as well. The last thing you want to do, in an emergency, is realize that there’s something you need and/or have overlooked. And testing your equipment doesn’t have to be a complicated ordeal. In my case, I had a friend invite me over for backyard camping, for their birthday. Great! So I brought my camping equipment in order to test it out.
My Tent Experiences
The tent was small, quick, and easy to assemble. You may decide to buy for comfort, or get a larger size, in order to accommodate a family. In my case, I decided that ease of set-up was what I was going for. It may be helpful to … Continue reading
SurvivalBlog presents another edition of The Survivalist’s Odds ‘n Sods – a collection of news bits and pieces that are relevant to the modern survivalist and prepper from “JWR”. Today’s focus is on Terrorism.
First, the eyes of the world are on England, which just suffered more Islamic terrorist attacks. Please pray that the nation will display the same resolve on terrorism that they did in fighting Nazi aggression in World War II. See this article by John Moody, posted over at Fox News: London terror: Saturday attacks a tipping point in campaign to destroy the West
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More terrorism news, from Manila: “In a most bizarre explanation, local police and government officials insist a gunman carrying an assault rifle broke into Resorts World Manila from a parking lot entrance, fired at a TV screen, doused a gaming table with … Continue reading
“Think not that I am come to destroy the law, or the prophets: I am not come to destroy, but to fulfil.
For verily I say unto you, Till heaven and earth pass, one jot or one tittle shall in no wise pass from the law, till all be fulfilled.
Whosoever therefore shall break one of these least commandments, and shall teach men so, he shall be called the least in the kingdom of heaven: but whosoever shall do and teach them, the same shall be called great in the kingdom of heaven.
For I say unto you, That except your righteousness shall exceed the righteousness of the scribes and Pharisees, ye shall in no case enter into the kingdom of heaven.” – Matthew 5:17-20 (KJV)
On June 3rd, 1539, Spanish explorer Hernando De Soto claimed Florida for Spain.
June 3rd can also be considered the “birthday” of the U.S. Army. (It was established by Congress on June 3rd, 1784.)
Also on this day, in 1911, actress Ellen Corby was born. She is often remembered for her role as Grandma Walton, in the television series The Waltons.
As preppers work to make progress to achieve prepping goals, we took some actions this week too. The SurvivalBlog editors made plans earlier in the week and now reflect upon these. At this time of year, gardening is at the top of our lists. Below, the editors share what we each accomplished. Please write to us in the comments and tell us what you did this week to get your preps in place and to be ready.
Dear SurvivalBlog Readers,
My, what a busy, wonderful week! We had beautiful weather during the beginning of the week and rain at the end of the week.
Outdoor Skills Acquisition
First of all, we worked on boating safety and paddling skills in the river that flows through the Rawles’ Ranch, several times. One of those times was with friends. That day was a beautiful day and a … Continue reading
SurvivalBlog presents another edition of The Survivalist’s Odds ‘n Sods. This is a collection of news bits and pieces that are relevant to the modern survivalist and prepper from “JWR”. Today’s focus is on EMP.
Prevent Drowning Deaths!
Clark H. sent this important article link: Drowning Doesn’t Look Like Drowning
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G.G. suggested this at Popular Science: Special forces are getting a stealth motorcycle that’s silent and deadly
“Blessed is he whose transgression is forgiven, whose sin is covered.
Blessed is the man unto whom the Lord imputeth not iniquity, and in whose spirit there is no guile.
When I kept silence, my bones waxed old through my roaring all the day long.
For day and night thy hand was heavy upon me: my moisture is turned into the drought of summer. Selah.
I acknowledge my sin unto thee, and mine iniquity have I not hid. I said, I will confess my transgressions unto the Lord; and thou forgavest the iniquity of my sin. Selah.
For this shall every one that is godly pray unto thee in a time when thou mayest be found: surely in the floods of great waters they shall not come nigh unto him.
Thou art my hiding place; thou shalt preserve me from trouble; thou shalt compass me … Continue reading
Today we have some special insight on natural resources, in the long term. Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And most of these items reflect the quirky “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor):
First, some predictions from Frank Holmes, over at Bullion Vault: Just So Bullish for Gold
Looking ahead, there is some interesting reading in this 2013 ODNI/NIC white paper, to which an old friend of mine contributed: Natural Resources in 2020, 2030, and 2040: Implications for the United States
“Over the years, Americans in particular have been all too willing to squander their hard-earned independence and freedom for the illusion of feeling safe under someone else’s authority. The concept of self-sufficiency has been undermined in value over a scant few generations. The vast majority of the population seems to look down their noses upon self-reliance as some quaint dusty relic, entertained only by the hyperparanoid or those hopelessly incapable of fitting into mainstream society.” – Cody Lundin, in his book When All Hell Breaks Loose: Stuff You Need to Survive When Disaster Strikes
“The President is merely the most important among a large number of public servants. He should be supported or opposed exactly to the degree which is warranted by his good conduct or bad conduct, his efficiency or inefficiency in rendering loyal, able, and disinterested service to the Nation as a whole. Therefore it is absolutely necessary that there should be full liberty to tell the truth about his acts, and this means that it is exactly necessary to blame him when he does wrong as to praise him when he does right. Any other attitude in an American citizen is both base and servile. To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public. Nothing but the truth should be spoken about him … Continue reading
Here are JWR‘s Recommendations of the Week for various media and tools of interest to SurvivalBlog readers:
The Collapse of Complex Societies
America’s Financial Reckoning Day: How you can survive America’s monetary and political decline in the 21st Century
Note: This title is also available as a Kindle e-book. (Everyone should own a Kindle Fire Tablet.)
Unbranded. An amazing documentary about four new Texas A&M graduates who go on a grand adventure. They adopt a string of 16 wild mustangs from the BLM, green break them, and then immediately ride them from the Mexican border to the Canadian border.
Swimming in Auschwitz. (Currently available only for Continue reading
Here are the latest news items and commentary on economics and investing. We cover market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Today we focus on investment guns. And most of these items reflect the quirky “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor):
First, over at Gold-Eagle: Gold price rises as Asian stocks, dollar slip after oil slump
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And I found this tantalizing prediction over at Kitco: Gold To Move Closer To $1,300 This Week – TD Securities
Moving on to commodities. Martin Tillier: The OPEC Elixir Wasn’t Potent Enough
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And then this, from Investing.com: Strong start to summer driving season pushed U.S. … Continue reading