Editors’ Prepping Progress

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To be prepared for a crisis, every Prepper must establish goals and make long-term and short-term plans. Steadily, we work on meeting our prepping goals. In this column, the SurvivalBlog editors review their week’s prep activities. They also often share their planned prep activities for the coming week. These range from healthcare and gear purchases to gardening, property improvements, and food storage. This is something akin to our Retreat Owner Profiles, but written incrementally and in detail, throughout the year. We always welcome you to share your own successes and wisdom in the Comments. Let’s keep busy and be ready!  …


The Editors’ Quote of the Day:

“And the Lord shall utter his voice before his army: for his camp is very great: for he is strong that executeth his word: for the day of the Lord is great and very terrible; and who can abide it?  Therefore also now, saith the Lord, turn ye even to me with all your heart, and with fasting, and with weeping, and with mourning: And rend your heart, and not your garments, and turn unto the Lord your God: for he is gracious and merciful, slow to anger, and of great kindness, and repenteth him of the evil. Who knoweth …


Economics & Investing For Preppers

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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 it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on South Africa’s new President, Cyril Ramaphosa. Precious Metals: Forget the Stock Market. Investors Are Trading in Gold for Bitcoin Stocks: European shares recoup losses as miners, financials rise   Commodities: Offshore Oil Is Poised For Significant Growth   Global Economy (President Cyril Ramaphosa): South Africa’s …




Economics & Investing For Preppers

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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 it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Bitcoin taxes.

 

Precious Metals:

Mike Maloney’s Update On the Gold/Silver Ratio

 

Stocks:

At Reuters: Dow, S&P snap winning streak as Walmart weighs

 

Taxes (Bitcoin Taxes):

SurvivalBlog reader Janet X. sent us a scary little snippet from Martin W. Armstrong: Cryptocurrency Maybe Become a Tax Nightmare. JWR’s Comments: While there could indeed be accurate tax tracking of Bitcoin purchases (or sales) through exchanges, what about Bitcoin fractions that are gifts, trades, or personally mined?  Can you imagine what a tax audit would be like for someone who trades, gifts, or sells such BTC at a later date? Imagine this series of questions:  “What was the US Dollar value when you mined it?” “And what was the US Dollar value on the day that you received it?”  “And what was the US Dollar value on the day that you spent or traded it?” Yikes!

With Bitcoin prices all over map in a wild rollercoaster ride for the past three years, who is to say what this crypto’s relative Dollar value was at those precise “taxable event” days or hours?  This would be especially confusing for Bitcoin mining, which is often done very gradually. When is the taxable event Dollar-value benchmark for miners?

Consider that from 2014 to 2017 the Dollar value of a Bitcoin ranged from $4 to as high as $20,000. Then In January 2018 it was back down to $6,000. Now (as of February 20th, 2018) it is back up over $10,800. Those tax calculations might be almost impossible to make accurately!

 

Continue reading“Economics & Investing For Preppers”


JWR’s Recommendations of the Week

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Here are JWR’s Recommendations of the Week for various media and tools of interest to SurvivalBlog readers. This week the focus is on a course for military surplus waterproof Hardigg and Pelican cases  (See the Gear section.) Books: Directorate S: The C.I.A. and America’s Secret Wars in Afghanistan and Pakistan o o o Guerrilla Camping: Getting Off the Beaten Path Movies: I found a documentary on economics that is definitely worth watching. It is: End of the Road: How Money Became Worthless. (Available on DVD, also available free streaming to those with an Amazon Prime membership.)  SurvivalBlog readers will recognize …



SurvivalBlog’s News From The American Redoubt

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Here is SurvivalBlog’s News From The American Redoubt. This weekly column features news stories and event announcements from around the American Redoubt region. We also mention companies of interest to preppers that are located in the region. The emphasis this week is on Rep. Matt Shea’s recent presentation on the proposed State of Liberty. (See the Eastern Washington section.) Region-Wide: Here is a good summary of demographics for the Inland Northwest region. o o o  11 Stunning Places To Visit In The Inland Northwest   Idaho Writing in Redoubt News, Rep. Christy Zito reports on some pending legislation: Idaho Stand-Your-Ground …


The Editors’ Quote of the Day:

“You see these dictators on their pedestals, surrounded by the bayonets of their soldiers and the truncheons of their police … yet in their hearts there is unspoken fear. They are afraid of words and thoughts: words spoken abroad, thoughts stirring at home — all the more powerful because forbidden — terrify them. A little mouse of thought appears in the room, and even the mightiest potentates are thrown into panic.” – Winston S. Churchill, in: Blood, Toil, Tears & Sweat


Economics & Investing For Preppers

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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 it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on real money versus fiat currency, aka “funny money.” (See the Forex section.) Precious Metals: COT Silver Report – February 16, 2018 o  o  o Johnson Matthey: Expect Platinum Surplus in 2018 Stocks: Zacks: Stock Market News for Feb 16, 2018   Forex (Real Money): The …


The Editors’ Quote of the Day:

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“In a recent article, Yale scholar Stephen Roach points out that between 2008 and 2017 the combined balance sheets of the central banks of the U.S., Japan and the eurozone expanded by $8.3 trillion, while nominal GDP in those same economies expanded $2.1 trillion. What happens when you print $8.3 trillion in money and only get $2.1 trillion of growth? What happened to the extra $6.2 trillion of printed money? The answer is that it went into assets. Stocks, bonds, emerging-market debt and real estate have all been pumped up by central bank money printing. What makes 2018 different from …


Editors’ Prepping Progress

24

To be prepared for a crisis, every Prepper must establish goals and make long-term and short-term plans. Steadily, we work on meeting our prepping goals. In this column, the SurvivalBlog editors review their week’s prep activities. They also often share their planned prep activities for the coming week. These range from healthcare and gear purchases to gardening, property improvements, and food storage. This is something akin to our Retreat Owner Profiles, but written incrementally and in detail, throughout the year. We always welcome you to share your own successes and wisdom in the Comments. Let’s keep busy and be ready!  …


Economics & Investing For Preppers

1

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 it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Bitcoin recovery expert David Veksler. (See the Cryptos section.) Precious Metals: First up, over at Sharps Pixley: Lawrie Williams: Russia May Now be World’s No. 2 Gold Miner Cryptos (David Veksler): One of my regular consulting clients in the American Redoubt recently told me a …