Category: Odds ‘n Sods

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 …

From The Baltimore Sun: Higher food prices start to pinch consumers    o o o LHW suggested this British newspaper article on Plunge Protection.    o o o I just heard about a great site featuring do-it yourself field and survival gear–and much more: Funditor.com    o o o Hawaiian K. recommended this chart showing the long term “adjusted for inflation” price of gold.

Due to the recent huge storm in Northern California the Freeze Dry Guy‘s phone lines are down. (But they can still handle orders via e-mail.) Yesterday, Professor Jim McCanney likened the recent storm to a hurricane.    o o o RBS kindly sent us this (and the two subsequent): Russia raises grain export duties to 40%. I wouldn’t be surprised to see the US make a similar move, to stem the flood of grain out of the US, primarily to Asia.    o o o News from Australia: Mozzies in plague proportions    o o o China could be winner …

I finally got the chance to go see the movie “I Am Legend“. A friend who is not preparedness- minded went with me and he commented that he found the film terrifying only because it seemed plausible. He said that unlike “Resident Evil” which seemed like an unrealistic video game to him, “I Am Legend” was genuinely frightening. This leads me to believe that the film might encourage some erstwhile sheeple to get prepared. My friend did mention that if he was in Dr. Neville’s position he would have dynamited and bulldozed all of the buildings in a three block …

Our friend Chad suggested this from Bill Fleckenstein: Mortgage bailout just makes it worse.    o o o Hawaiian K. suggested an article about the precious metals market, from an Asian perspective.    o o o From a recent issue of The Daily Reckoning:    o o o E.S. sent us this one: Doctors order millions hit by violent stomach bug to stay at home

Eric S. sent this one: Deadbeat America: Late Payments Soar. It is not reassuring to see that late payment rates are spiking in relatively “good times” with an employment rate that is just starting to falter. Obviously American consumers have collectively gone deep into debt. In the next recession we will undoubtedly see unprecedented delinquency and default rates, followed soon after by a spike in personal bankruptcies. Oh, but wait a minute, US bankruptcy laws have become less lenient.    o o o And Eric also forwarded us this: Americans Sold Out to Foreign Firms at Record Rate    o …

Perennial contributor Eric S. sent us this: Saxo Bank’s ‘outrageous predictions’ are grim. (They are predicting a 25% drop in the S&P and as much as a 40% drop in China’s stock market.)    o o o Don’t miss the new SurvivalRealty.com listing in North Carolina with gravity-fed spring water.    o o o On a recent road trip over the holidays, we noticed that the graffiti blight in America’s urban areas seems to be getting worse. Living out in the hinterboonies as we do, the only significant graffiti that we see is the mobile sort that comes to us–painted …

Commander Zero recommended this web site: How to build a super top secret bunker under your house.    o o o Frequent contributor Rourke tells us that there is plenty of buzz about the upcoming disaster film “Cloverfield.” about “a monster the size of a skyscraper.” It was shot in a way to make it look like it is an amateur hand-held video, stylistically similar to “The Blair Witch Project”–but obviously with a much bigger budget! The debut for “Cloverfield” is set for January 18th.    o o o Frequent link contributor Eric S. sent us this: Sudan’s Central Bank …

From The Guardian in England: From the sub-prime to the ridiculous: how $100 billion vanished    o o o This one has been at my Links page for many moons, but is worth mentioning again: The Seismic Monitor    o o o Reader Bill N. mentioned that there is an instructional ice rescue video on the Discovery Channel-Canada’s web site. Bill N. notes: “To anyone who might be around lakes or rivers that are frozen over, you should check out this video on how to save yourself if you fall through the ice.”    o o o Eric S. flagged …