Letter Re: The Real Housing Market Bottom

Dear Jim, In reference to the recently mentioned “housing bottom” article: Most of the articles we’ve read from the various real estate analysts say that housing prices haven’t actually hit bottom yet because the peak of the adjustable rate mortgage (ARM) resets aren’t done until January, though most are done by this August. Throw in financial inertia, as homeowners balk at their new mortgage rate in the face of their home having lost half its value in many cases due to the economy and the prior bubble, and we should expect a surge of foreclosures over the next 18 months. …




More Derivatives Market Mayhem: The JPMorgan Debacle

The mainstream media is abuzz with stories about JPMorgan’s $2 Billion in trading losses in just the past six weeks. Here some typical coverage: JPMorgan Hit by ‘Egregious’ Trading Loss of $2 Billion. The culprit? It was derivatives. Ah yes, those pesky derivatives. Ich habe es Ihnen gesagt (way back in 2006.) I won’t re-hash the details of the JP Morgan debacle that have come to light, because they have already been spelled out by many journalists. The best analysis that I’ve found thusfar came from the editors of Zero Hedge, in this piece: The “World’s Largest Prop Trading Desk” …




Letter Re: Sunspot 11476 Update

Hi James, At about 12:30 UTC this morning Sunspot 11476 flared at the M4.7 level thereafter remaining at an elevated emission state. As of just a few minutes ago it re-flared, peaking to M1.8. Last night’s read at Solen.info gave the area as 1100 SM and noted significant complexity at at least two points within the spot. This morning’s HMIB from NASA’s Solar Dynamics Observatory (SDO) platform has in the leading spot a section in which very high positive and negative magnetic gradients are immediately adjacent to each other with strong intermixing occurring. This is almost always a sign that …




Letter Re: Fruit Crop Losses in the Great Lakes Region

Mr. Rawles, There has been a substantial loss of several fruit crops in Michigan due to unseasonable weather (warm weather caused budding followed by freezing temperatures that killed the fruit blossoms) as reported by AccuWeather.   Michigan is third in apple production and produces a fifth of this country’s sweet cherries and three quarters of its tart cherries, and prices are expected to increase. SurvivalBlog readers should take advantage of sales and supplies as they find them and can or “put by” accordingly. – Home’s Cool Mom




Letter Re: Don’t Be Blind-sided By a Secondary Event

Dear James: I second the motion – any nuclear power experts on the blog that can comment on the threat from further catastrophes in Japan, or similar catastrophes happening here in the US? Quite frankly I had not paid enough attention to Fukushima.  What I am finally reading is incredibly disturbing.   To summarize, we have a fragile earthquake, and tsunami damaged building, holding tons of highly radioactive and unstable nuclear fuel rods – on the building’s second storey, 100 feet in the air, in an active earthquake zone. Here is a photo. Here is a quote: “If an earthquake or …




Letter Re: Safeguarding Videos of Constitutional Abuse

JWR: One concern I have is that if I were to record unconstitutional actions by police, would my phone be seized and the videos erased? One solution may be to record via internet stream. Then they would have to also think to take an extra step of checking for the software and logging into your account to delete your videos. Meanwhile, you could call someone from jail and request they copy the video before it gets deleted. I found a review of the three different sites. I recommend that you keep your recorder software signed in and ready to go …




Letter Re: The Expanding Flash Mob Threat

JWR, Last Easter weekend, a twitter message went out and in a few hours 20,000 people descended on Surfside Beach, Texas, population about 600. My LEO contacts tell me there were only six officers available. The crowd turned sour towards the locals who did not want them parking or defecating in their yards. Several residents had to stand on their front porches with weapons displayed to keep groups of hundreds from passing through their property. Several rental beach houses were broken into and one contact said the volume of human feces and trash was unbelievable. The roads were impassable for …




Letter Re: Firearms Laws in England

Mr. Rawles: A few years ago, my wife and I left our Texas ranch for a three month long hunting safari that took us from Africa to Scotland. We traveled with three rifles, a double in a large African caliber, a .458 Lott bolt, and .300 Winchester Magnum bolt light rifle. As we would transit Schiphol in the Netherlands both ways, I had to apply for two transit permits for the firearms and ammunition as well as for firearm permits in both Tanzania (a former British colony) and in Scotland. Even though I was a setting judge at the time, …




Two Letters Re: Firearms Laws in England

Mr Rawles, Regarding the recent letter from D.S. on security in the UK: while he is certainly correct on the current problems with politics, employment, and prepping in a high-rise, he is mistaken on firearms. I hope the following details on UK law, gained over twenty years of shooting, will be of some use. The licenses: FAC – firearms certificate, the UK’s more permissive “gun licence”. SGC – shotgun certificate, the UK’s less permissive “gun licence”. A FAC will be granted if you can show “good reason” for wanting one. Pest control, deer hunting, target shooting, etc. all constitute “good …




Letter Re: Firearms and Ammo Demand Increasing in United States

JWR: Just a note about current firearms inventories at the major distributors from a 25 year industry veteran.  A majority of the medium to large size firearms wholesalers are experiencing significant stock shortages and inventories are at a “historic low”.   AR and AK inventories (regardless of manufacture or builder) are drying up very fast.  Most wholesalers are not taking back-orders from dealers on these items until the smoke clears.  Even handgun inventories are starting to get very thin, especially center-fire semi-autos.  The situation on ammo is better, but many industry retail purchasing agents coming out of this year’s SHOT Show …




Letter Re: Stand Your Ground Laws in Peril

James, This was predictable but nevertheless it makes me shudder.  As a result of the shooting death Trayvon Martin in Florida, the facts of which will not be known in their entirety for sometime to come if ever, the left is now running a national campaign pegging “stand your ground” laws as “shoot first,” completely mischaracterizing their intent and effect.  If these people had their way (and there’s a chance they will), the homeowner in this article, who exercised extreme self control before finally pulling the trigger, would likely have been led away in handcuffs facing charges. Best Regards, – …




Letter Re: Risk of Corruption Rankings–Redoubt States are Unfairly Slammed

James Wesley: Did you see this article: Study ranks Wyoming’s corruption risk as high, and this map? How is it that states like Idaho, Montana, and Wyoming could be so corrupt? That doesn’t seem possible, and it contradicts all my prior research about The American Redoubt. What is you take on this? Thanks, – Kevin L. JWR Replies: The study that they cited was on a perceived potential for corruption (a hypothetically calculated “risk of corruption”). The ratings were skewed, because they were in part based upon the willingness of state governments to report to the Federal government.  Some states …




Letter Re: Canada’s Upcoming Body Armor Bans

Dear James: The body armor ban in Alberta, Canada comes into effect June 15th, 2012.    To summarize, unless you are using Body Armor in your exempted profession, e.g., police, security, etc., etc., you have to get approval to buy, or own Body Armor.  FAQs see:  Body Armour Control Fortunately, there is an exemption for “an individual who has been issued a valid licence under the Firearms Act (Canada)”, and – contrary to the FAQ page above – my reading of the actual law indicates that this exemption for Firearms License holders is not restricted to the scope of your profession.   …




Behind the Green Door of the NSA’s Bluffdale, Utah Enigma

There has been lot of buzz in the press in recent weeks about the NSA’s new “data center” being constructed near Bluffdale, Utah. The selection of Bluffdale, Utah for the site is curious. I suspect that this is more than a data center. Because LDS church doctrine has a strong emphasis on overseas missions, a lot of their young men come home with foreign language skills. And since many LDS church members have squeaky-clean backgrounds, they can usually get through the hurdles of a TS/SSBI clearance without much trouble. Consequently, a lot of Mormons end up with Top Secret clearances …




The Business of Survival: A Look at Growing Trends and 2012, by Scott D.

Introduction This is going to be a landmark year for survivalism. There are a myriad of important societal, political and economic events on the radar that are fueling an expansion of interest in ‘being prepared’. Worldwide economic uncertainty, global political tension with Iran, an election year in the United States, and the approaching social phenomenon associated with December 21st, 2012 all loom. A decade’s worth of catastrophic events including terrorism, large-scale weather disasters and public shootings have only served to bring public uneasiness to a boil. More people are reacting, as sales of food stocks, firearms, and outdoor survival gear …