Jim’s Quote of the Day:

“The bulls will buy stocks believing that we have another bull market on our hands. After having lost 50% of their money since 2007, they’ll lose another 20% – 30% when this rally collapses. The bears, meanwhile, are convinced that there is worse to come. They think the stimulus spending programs will cause inflation. So they’re buying gold and commodity stocks sure that when inflation comes, it will cause mining and oil stocks to soar. Maybe it will eventually. But the first big move will probably be down. They, too, will lose big. That could be the Big Surprise of …
















Jim’s Quote of the Day:

“Icelanders discovered that trading bits of paper isn’t a productive enterprise. A handful of guys, who fancied themselves as financial experts, were taking out tens of billions of dollars in short term loans from abroad. They were then re-lending this money to themselves and their friends to buy assets, such as soccer teams, cars, homes, etc. Since the entire world’s assets were rising; thanks to people of like mentality paying crazy prices for everything, the Icelanders appeared to be making money. One non-Icelandic fund manager said that its like, “You have a dog and I have a cat. We agree …




Jim’s Quote of the Day:

"The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion. There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." – Ludwig von Mises, Human …













Jim’s Quote of the Day:

"Those, who have the command of the arms in a country are masters of the state, and have it in their power to make what revolutions they please. [Thus,] there is no end to observations on the difference between the measures likely to be pursued by a minister backed by a standing army, and those of a court awed by the fear of an armed people." – Aristotle 384–322 BC




Jim’s Quote of the Day:

Joshua S. found a link on the “Kyoto Box” stove.    o o o From Cheryl: New Food Crisis Looms    o o o I found a good piece on edible and useful Cattail plants.    o o o Beginning at Sunrise, Easter morning, the folks at Everlasting Seeds are offering a 20% discount on all products except the Medicinal Garden, just for SurvivalBlog readers. You’ll have to use this link to get the Special price. The sale ends at sundown on Saturday, April 18th




Jim’s Quote of the Day:

And when I think, that God, His Son not sparing; Sent Him to die, I scarce can take it in; That on the Cross, my burden gladly bearing, He bled and died to take away my sin. When Christ shall come, with shout of acclamation, And take me home, what joy shall fill my heart. Then I shall bow, in humble adoration, And then proclaim: "My God, how great Thou art!" – Excerpt from the Hymn How Great Thou Art, based on the poem O Store Gud, written by Carl Gustav Boberg, in 1885. Translated from the Swedish by Stuart …