Category: Odds ‘n Sods

Reader Roger S. sent us an article by David McWilliams in Ireland: World’s financial community gives two fingers to the US. One note of clarification, however: The June 12th auction was of Treasury Bills, not Treasury Notes. The Auction on the 15th was Treasury Notes.   o o o From The Motley Fool’s UK edition, by way of SHTF Daily: It’s Heading For Crunch Time…    o o o Rob at Green Mountain Gear mentioned that he is continuing his special on HK91/G3 Alloy magazines in new, unissued condition. He has just a few 20-packs left. Rob notes: “Some of …

Reader Matt B. forwarded us a link to the new White House Fact Sheet: Implementation of the National Strategy for Pandemic Influenza   o o o Jericho Convention in Kansas: Oakley officials hope nothing shy of nuclear bomb will keep ‘Jericho’ fans away. If you can attend, there is an opportunity to give a presentation and/or be a preparedness panelist at “Jerichon”. Send an e-mail to: Stacey.Adams@guardiansofjericho.org. OBTW, let me know if you definitely plan to attend and I’ll be happy to send you a free SurvivalBlog t-shirt to wear while you are there, as a conversation starter.    o …

Coutrtesy of SHTF.com, and also recommended by SurvivalBlog reader KB, comes this article about Zimbabwe from The Economist: How to stay alive when it all runs out   o o o Zuke in Iraq sent us this one: Two Bear Stearns hedge funds are now worth nearly nothing. We read further details in The Daily Reckoning: “Last week, all three rating agencies – Moody’s, Standard and Poor’s, and Fitch – announced downgrades of subprime linked debt. And this week, Bear Stearns said investors in one of its hedge funds that bought CDOs on a leveraged basis would get none of …

Emergency “Go Bags” urged for Sydney, Australia Residents   o o o From The Times of London, by way of SHTF Daily: Are these the last days of the Oil Age?    o o o China officials deny flood rats on the menu

Reader “Ed7B” sent us a link to a page at the Medical Corps web site with an account of an emergency appendectomy in a submarine in WWII – with not a doctor for many miles, and a dearth of proper equipment, tools and drugs. Ed’s comment: “They still managed to get this sailor’s appendix out and have a happy outcome. Pertinent to what people can expect when there is no hospital open, let alone a doctor to be found.” Speaking of preparedness for austere medicine, don’t miss the outstanding Medical Corps training on August 24-25-26 at the Ohio State University …

SF in Hawaii mentioned this copy of the US Army Field Manual FM 90-7, housed at the GlobalSecurity.org web site. SF’s comment: “Click on the figures in this manual and you’ll see some good examples of defensive obstacles.”   o o o A Colorado city besieged by copper thieves    o o o I noticed an interesting thread of discussion in progress at The Claire Files forums, on choosing a gun for bear protection, while horseback.

Alt-A: The New Home of Subprime?   o o o The Chartist Gnome reminded me that The Debt Clock is still ticking, relentlessly. We’ll have a lot of explaining to do, to our grandchildren.    o o o From Bloomberg, via SHTF Daily: Dollar Drops to Record Low Versus Euro on U.S. Growth, Rates

InyoKern flagged this piece about Mexico from The Oil Drum. InyoKern’s notes: “The graphs in the comments section are nails in the coffin, too. Have a look and read the comments. Its rather nauseating because its [coming] so soon. We thought we’d have a year or two before things got weird there, yet conditions for collapse in Mexico are getting pre-emptive. “   o o o Charles G. sent us this: Manhattan [New York City] parking spot going for $225,000. Charles comments: “Note the 3rd to last paragraph: ‘Some people are buying parking spots even if they don’t own cars, …

Reader “Hawaiian K.” mentioned this article on a sub-prime mortgage woes in Britain. K’s comment: “We have a tendency to think of the sub-prime meltdown as being an American phenomenon when it’s happening in Great Britain too.”   o o o It’s not even vaguely related to survival or preparedness, but I found this news story weird, wacky, and wonderful: Oregon man takes lawn chair up to 13,000 feet, travels 193 miles    o o o Sounds like something out of one of those survivalist novels: Desperate times in Zimbabwe – A country at the end of its tether. You …

More than 50,000 turkeys on a farm west of Mount Jackson, Virginia tested positive for Avian Flu antibodies. It is a less virulent strain than H5N1, but still cause for concern.   o o o By way of SHTF Daily: US mortgage problem fears spark sell-off. Mark my words: A credit collapse could trigger a major recession or perhaps a depression. This is your last chance to sell off any rental or “spec” properties. Get out now, before it is too late. Ditto for stocks. The chain reaction has most likely begun. The real estate collapse is the precursor of …

Nuclear alert by ex-head of MI5: The article begins: “More than 100 suspects are awaiting trial in British courts for terrorist offences – a figure unprecedented in modern criminal history – Dame Eliza Manningham-Buller, the former spy chief, has revealed. Dame Eliza: ‘They may attempt a chemical, biological, radiological or even nuclear attack’ Britain is a centre of intense plotting and faces a terrorist threat of ‘unprecedented scale, ambition and ruthlessness’. In a stark warning for the future, Dame Eliza added: ‘It remains a very real possibility that they may, sometime, somewhere attempt a chemical biological, radiological or even nuclear …

More on the unfolding derivatives debacle: The $300 Trillion Time Bomb   o o o Mark sent us this news article link: Mass Zimbabwe arrests over prices. Mark’s comment: “Note that today [in Zimbabwe] a single banana cost more than a four bedroom house did in 2000.”    o o o David V. recommended this history article from Alaska that has a some applicability to retreat provisioning: Black River Trapper: Fred Thomas    o o o From Gold-Eagle.com, Gary Dorsch, Editor of Global Money Trends (by way of SHTF Daily): Global Exodus From The US Dollar In Motion. The article …

Remember that there are now just three days remaining for the $500 Interceptor Body Armor (IBA) vest special from BulletProofME.com. July 12th is the deadline. Anyone who has shopped for body armor knows what a great deal $500 is for a new Interceptor vest. Don’t miss out on this deal.   o o o Reader Andy L. mentioned an article about the ultimate in privacy for retreats: Your own island in the Bahamas.    o o o MP noticed this editorial in a Seattle, Washington newspaper: Disaster’s coming: Get ready. MP’s comment: “Sure, 10 days is still a bit weak …

I recommend market watcher John’s Mauldin’s astute observations on the derivatives implosion and the tremendous downside risk in sub-prime Collateralized Debt Obligation (CDO) trading, titled “Where is the Real Risk in the Subprime Debacle?” It can be found in this PDF. (BTW, I highly recommend subscribing to John’s free weekly E-letter.) Meanwhile, Bloomberg has more news on troubled derivatives: United Capital’s Devaney Halts Hedge Fund Withdrawals   o o o Commodities market signs of the times: Keg Thefts Rise with Metals Prices, and Power line theft leaves South Africa in dark    o o o From a recent Daily Reckoning …

Novelist Michael Z. Williamson sent us a link to a PDF on Combat Loads in Afghanistan. Mike’s comments: “It shows march, approach and combat loads of troops in Afghanistan, for reference for building bug out bags. Obviously, a civilian bag will be lighter on batteries and ammo, and heavier on food, water and shelter. But this is a handy reference for comparison.”   o o o A pointed history lesson from the Von Mises Institute: Inflation and the French Revolution–The Story of a Monetary Catastrophe    o o o From The Chicago Tribune: Layoff fears part of ‘new normal’ — …