Editors’ Quote Of The Day
“A man’s ledger does not tell what he is, or what he is worth. Count what is in man, not what is on him, if you would know what he is worth—whether rich or poor.” – Henry Ward Beecher
“A man’s ledger does not tell what he is, or what he is worth. Count what is in man, not what is on him, if you would know what he is worth—whether rich or poor.” – Henry Ward Beecher
Here is the latest economics news and investing news. We cover market trends, stocks, and the precious metals markets. We also discuss hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the oft-interviewed hard money advocate Peter Schiff. Precious Metals (Peter Schiff): First up, there is this video: Peter Schiff on Gold, Trump, QE, & Potential Recession. Schiff predicts that the Fed will be forced to revert to ZIRP. (Zero Interest Rate Policy.) He also says that QE4 is on the horizon. o o …
“Let us suppose for a moment that the harder virtues could really be theoretically justified with no appeal to objective value. It still remains true that no justification of virtue will enable a man to be virtuous. Without the aid of trained emotions the intellect is powerless against the animal organism. I had sooner play cards against a man who was quite skeptical about ethics, but bred to believe that a ‘gentleman does not cheat’, than against an irreproachable moral philosopher who had been brought up among sharpers. In battle it is not syllogisms that will keep the reluctant nerves …
”The tumult and the shouting dies; The Captains and the Kings depart: Still stands Thine ancient sacrifice, An humble and a contrite heart. Lord God of Hosts, be with us yet, Lest we forget—lest we forget!” – Rudyard Kipling, Recessional, 1897
June 21st is the birthday of Rex Applegate (June 21, 1914 – July 14, 1998), author of Kill or Be Killed. He was the friend and mentor of SurvivalBlog’s Senior Field Gear Editor, Pat Cascio. Today is the summer solstice in the northern hemisphere. Whomever it was who came up with the phrase “The lazy days of summer” obviously didn’t live on a self-sufficient homestead. We are very busy at this time of year. – JWR
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 the Fake Recovery. Precious Metals: First up, Frank Holmes asks: Is India’s Gold Market Recovering? o o o The Herald (in New Zealand) reports: May gold deliveries buoyant Commodities: Next, there is this from Nick Cunningham: Déjà Vu: Shale To Kill Oil Prices Once …
Here are JWR’s Recommendations of the Week for various media, tools, and gear of interest to SurvivalBlog readers. This week’s emphasis is on auxiliary fuel tanks. (Down in the Gear section.) Books: The Long Emergency: Surviving the End of Oil, Climate Change, and Other Converging Catastrophes of the Twenty-First Century by James H. Kunstler Fire and Ice, by Ray Kytle Movies: Enemy at the Gates. A highly fictionalized retelling of the battle of Stalingrad. It is from the perspective of a Red Army sniper team. Panic in Year Zero. The corny film that first got me thinking about TEOTWAWKI. It …
“Liberty cannot be preserved without a general knowledge among the people, who have a right, from the frame of their nature, to knowledge, as their great Creator, who does nothing in vain, has given them understandings, and a desire to know; but besides this, they have a right, an indisputable, unalienable, indefeasible, divine right to that most dreaded and envied kind of knowledge, I mean, of the characters and conduct of their rulers. Rulers are no more than attorneys, agents, and trustees, of the people; and if the cause, the interest, and trust, is insidiously betrayed, or wantonly trifled away, …
This column is posted on Tuesdays. Here, we present news and announcements from around the American Redoubt. We also mention companies in the region of interest to preppers. Today’s focus is on the proposed Scotchman Peak wilderness area. Idaho (Scotchman Peak) First, over at Redoubt News, we read: Scotchman Peak Still A Hot Topic. JWR’s Comments: This proposed wilderness area straddles the Idaho/Montana State line. (On the map, look east of Clark Fork, Idaho.) The Wilderness designation will eliminate motorized access to a huge swath of National Forest. But presently the lower elevations have well-established roads. These are National Forest …
“There is no word that has admitted of more various significations, and has made more different impressions on human minds, than that of Liberty. Some have taken it for a facility of deposing a person on whom they had conferred a tyrannical authority; others for the power of choosing a person whom they are obliged to obey; others for the right of bearing arms, and of being thereby enabled to use violence, others in fine for the privilege of being governed by a native of their own country or by their own laws. Some have annexed this name to one …
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 the world’s best-known cryptocurrency, Bitcoin. Precious Metals: First, there is this, over at Kitco: Ignore the Hawkish Fed, There’s Still A Case for Gold – Traders o o o The Taipei Times reports: India plans gold policy revamp for US$19 bn sector Alternate Currencies (Bitcoin): …
“The Second Amendment is a doomsday provision, one designed for those exceptionally rare circumstances where all other rights have failed — where the government refuses to stand for reelection and silences those who protest; where courts have lost the courage to oppose, or can find no one to enforce their decrees. However improbable these contingencies may seem today, facing them unprepared is a mistake a free people get to make only once.” – Justice Alex Kozinski, US 9th Circuit Court, 2003
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. Today’s highlight is combating some raspberry cane fungus. JWR Dear SurvivalBlog Readers, Some recent rain was great for our pastures, orchard, and gardens, …
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 a likely burst of the global debt bubble in the near future. Precious Metals: First off, here is some useful commentary from Peter Hug: Is $1,300 Gold a Viable Target? o o o Also at Kitco: Fed Increases; Dollar Rises, Gold Swoons Commodities Economics: Next, over …
“By government giveaway programs, individuals are often hurt far more than they are helped. The recipients of these programs become dependent on the government and their dignity is destroyed. Is it compassionate to enslave more and more people by making them a part of the government dependency cycle? I think compassion should be measured by how many people no longer need it. Helping people to become self-sufficient is much more compassionate than drugging them with the narcotic of welfare.” – Rush Limbaugh