Category: Odds ‘n Sods

Three bits of heavy duty economic Gloom und Doom: Jonas sent this: Dow Jones Industrial Average futures down nearly 500 points, Eric sent this: A 1,000 Point Drop On The Dow? , and Stephen in Iraq sent this: Shares Tumble in Asia and Europe. Our friend Randy commented in a recent e-mail:: “Things are not looking too rosy for Tuesday’s market opening bell in New York.”    o o o Thanks to E.S. for this: India battles to contain ‘very serious’ bird flu outbreak    o o o Jeff C. mentioned that www.RARESEEDS.com sells only heirloom (non-hybrid) varieties.    o …

General Motors CEO says that oil has peaked. As I’ve said before, vehicles with a diversity of fuel sources is a good thing. If possible, retreats should have a variety of diesel, gasoline, E85, electric, and LP-powered vehicles, just to be ready for any eventuality. (A hat tip to Jason H. for sending the article link on the GM CEO‘s quote.) OBTW, I’m currently building up savings for a Bad Boy Buggy electric ATV to supplement our aging gas-powered utility ATV.    o o o Statistics from Memphis, Tennessee, show that concealed carry works: With more people carrying guns, self-defense …

The US Federal Reserve appears poised to significantly increase its purchases of Treasury securities. These purchases are called an open market operations or “repos”, and are highly inflationary, if done to excess. Since the Accord of 1951, the Federal Reserve banking cartel has been in full control of open market operations. The credit market is presently going through an unprecedented collapse, so be ready for more Fed “liquidity pumping” and hence more inflation!   o o o From Reuters: ‘Second Thoughts about Fluoride,’ Reports Scientific American. Yet another good reason to move to the hinterboonies.    o o o Desert …

Reader “O.E.” suggested Jim Willie’s recent commentary: Threat of Sovereign Wealth Funds. O.E.’s comment: “This is an interesting article on these new contraptions. The fire sale of America has begun.”    o o o Several readers sent us a link to a piece by economist Jim Sinclair: The Panic Starts. Jim Sinclair is really ringing the alarm bells. In times like these I think that he has good reason to be an alarmist.    o o o Nicole suggested this article by Greenpa as a counterpoint to those who are touting switchgrass as an ethanol source. OBTW, since “Greenpa” has …

SurvivalBlog reader “Rightcoast” mentioned that the new anthology of post-apocalyptic fiction titled Wastelands, from Night Shade Books, is now available for ordering. (I first mentioned this book back before it was available for ordering.) The authors include M. Rickert, Cory Doctorow, and Richard Kadrey.    o o o We live in a very remote, lightly-populated area “somewhere west of the Rockies”, so our daytime radio reception is pitiful. (Although at night, it is fantastic on the AM and shortwave bands.) Since we enjoy listening to Internet radio webcasts and podcasts such as sermons, I recently got a small FM transmitter …

Reader “FFF” recommended some commentary from Patrick Buchanan: Subprime Nation    o o o For any of you that have been dragging your feet on taking a course at Front Sight: they just announced their biggest freebie offer ever. The Memsahib and I have both taken the Four Day Defensive Handgun course at Front Sight, and we can vouch that it is absolutely top notch training, even for experienced pistol shooters. And BTW, the Springfield Armory XD .45 that is included in the offer is a fine choice for self defense. Here in the States it is now just as …

Reader E.L. recommended that we look at some of the YouTube clips of economist Peter Schiff. This Neal Cavuto segment aired back August, 17, 2007, when the Dow had “dipped” 7% below its 14,000 high, silver was around $12.70 per ounce, and the US Dollar Index was around 81. Most of the the pundits were downright bashing on Peter Schiff and calling the subprime crisis “a buying opportunity” for financial stocks. But given recent events–with the Dow now in the 12,700 range, silver around $16 per ounce, and the US Dollar Index down below 76, it seems that it was …

Novovirus reaches epidemic levels in England. I strongly recommend that SurvivalBlog readers prepare themselves for when this virus flares up in the US and Canada, especially if you have any infant, elderly, or otherwise “at risk” folks living under your roof. Stock up, be ready to self-quarantine, and if you must go out to work and to shop, then be prepared to decontaminate yourself.each time that you re-enter your home. If nothing else, practicing with these measures will leave you well-prepared for any eventual influenza pandemic that is spread by casual contact.    o o o I noticed that yesterday …

Thanks to T.C. for sending us this YouTube link: Glenn Beck interviews GAO Comptroller Walker on the Social Security Timebomb–America;’s $53 Trillion Debt.    o o o Anyone planning on putting together a 12 VDC power system to energize their small electronics and battery charging trays should first read the low voltage connection basics primer over at the Appropedia. OBTW, for anyone that wants to standardize 12 VDC connectors, I recommend Anderson Power Poles rather than the bulky and unreliable cigarette lighter plugs and jacks. (The latter are not designed to handle high current, and they tend to pop apart …

Eric S. found this Reuters article: Prepare for big flu pandemic economic hit, UN says    o o o RBS sent this one: Dengue Fever Is A Potential Threat To US Public Health, Experts Say. If you haven’t already done so, be sure to read my advice on preparing for pandemics. In particular, see the details on oral rehydration solutions. Stock up, or be prepared to make your own.    o o o Hardly a news flash: As housing slumps, realtors quit    o o o Uncle Sam seems to have made a successful “end run” at implementing a National …

I stumbled into a great Do It Yourself (DIY) blog with some very practical projects: The DIY Blog.    o o o A reader in East Tennessee wanted to put out a heads-up to anyone looking for property. It’s 88 acres with a small house, both sides of the road, ridge to ridge, lots of water. The house is tactically situated and in a good position for solar exposure, good pasture and soil. The location is three roads off the beaten path, but about an hour from the Tri-Cities area. The reader doesn’t have any financial interest in the property, …

A bit of “I told you so” for my friend Fred, who claimed that he had “missed the boat” when gold got up past $550 per ounce. I have been begging him to diversify into some silver and gold, ever since gold was around $345 per ounce. Yesterday, (Thursday, Jan. 10, 2008), spot gold spiked briefly to $895 per ounce and spot silver shot up to $16.21 per ounce. There will surely be a lot a volatility–including some scary dips–but the long term trend is almost certainly up for all of the precious metals. Buy on the dips, folks.    …

“The Other Jim R.” sent us this: Goldman Sachs sees recession in 2008. Since this recession was triggered by a global credit collapse rather than just a typical market cycle swing, the recession could be deep and long. (There is even the outside chance of it worsening into a full blown depression.) The nascent recession will also doubtless make the post-Housing Bubble period much longer and deeper. Be ready.    o o o Thanks to WW for spotting this article: Shortwave infrared: Next-generation night vision    o o o Steve in Pennsylvania flagged this BBC story: South Asia Hit With …