Finally, the much-anticipated Kel-Tec RFB bullpup .308 carbine will begin shipping in December! If I were to buy a bullpup, then the RFB Carbine would be it. Looking for a hedge against a future ban? I recommend that you buy a couple of these before the White House changes hands. If a new ban is enacted, they will likely triple in value.
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More economic news and commentary from Cheryl: Wall Street Fluctuates After Emergency Interest Rate Cut — IMF: World Economy Will Slow Sharply, Led By U.S. “Recession” — Asian Stocks Fall Again — US Economy Rapidly Sinking Into Economic Depression — Fixing The US Housing Market And Housing Prices — US Stocks Retreat As Recession Concerns Outweigh Interest Rate Cuts; Alcoa Drops 52% — Ford Will Triple Jobs Cut At Volvo, Slash 6,000 Jobs As Demand Slumps — Buffet’s Paper Profits On GE, Goldman Sachs Erased By Stock Market Plunge — MetLife Profits Fall Prompts Stock Sale — Japan Market Down 9.4% — Banks In For Ugly Quarter — Cramer: When Do You Need Your Money — The Strongest Banks Out There — World Markets Return To Selloff After Rate Cuts — 700 Auto Dealers Could Fail — Where The Pros Are Putting Their Cash — Morgan Stanley Plunges; Mitsubishi May Pull Out Of Deal — Legg Mason Downgraded — Fidelity, Vanguard, T. Rowe Price Joining Treasury’s Guarantee Program For Money-Market Funds — Stocks Zigzag, End Lower After Emergency Rate Cut — Pelosi Says $150 Billion Second Stimulus Needed — Central Banks All But Stop Lending Bullion (“Central banks have all but stopped lending gold to commercial and investment banks and other participants in the precious metals market, in a move that on Tuesday sent the cost of borrowing bullion for one-month to more than twenty times its usual level.”) — US Banking Losses Estimate $1.4 Trillion — ECB Sees “Crisis of Enormous Proportions” (“The European Central Bank has dramatically changed its tune over the last twenty-four hours as the credit freeze worsens, acknowledging for the first time that the world faces the gravest crisis since the Great Depression.”) — Asian Markets Plunge To New Low — China’s Billionaires Lose 1/3 Of Their Wealth — Severe Bull Market For Gold — Stock Market Crash: Where’s The Bottom? — UK Taxpayers Stuck With $1 Trillion Bank Bailout — Global Markets Dive Despite UK Bank “Rescue” Plan — Run On Royal Bank Of Scotland Knocks 10 Billion Pounds Off Share Price
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Reader KBF sent this from The Los Angeles Times: Plunge in markets brings another kind of depression
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Philip N. mentioned a follow-up article from Glenn Beck: What’s Coming. As you can see, Glenn is just as concerned about hedge funds as I am.
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Reader H.E.T. e-mailed me to ask for a recommendation for an inexpensive source for infrared (IR) filters for flashlights such as a Surefires. I recommend Trading Expert, in Hong Kong. Yes, they are in Hong Kong, but in my experience they actually (and quite promptly) ship what they sell. OBTW, they also have inexpensive white LEDs that are useful in constructing low-current 12 VDC retreat lighting systems.