Odds ‘n Sods:

AR owners might find this video of a binary trigger test of interest: FosTech Echo Trigger First Look.

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Police want to use residential, business surveillance cameras – Sounds like an innocent request, but it’s not. First, they politely asked, but you decline. Second, they threaten you with obstruction and start a harassment campaign. Third, they make it law. Fourth, they make it law that they have full remote access. Fifth, I remove my cams. – DMS

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SurvivalBlog reader D.B. sent in this link and just made my day: Video: Obama FURIOUS After Judge Jeanine Calls Him A Terrorist On Live TV

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T.Z. sent in this short word of advice: “Forget guns – ditch the Harley” – 48 More Bikers Indicted in Waco Twin Peaks Shooting – Just For Being There

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Antonius Aquinas has a new article on his blog that is an interesting read: Queen Isabella and the Invasion of Europe







Garden Planning Tips – Part 2, by Sarah Latimer

Companion Planting

Our family grows using organic techniques, for health reasons and because we practice now what we want to know how to do in the event resources become unavailable long term. Some of the things I use to fertilize, like Sea Magic fertilizer, or for pest management, like TheraNeem Neem Oil, or severe pest control, like NOLO Grasshopper & Cricket Control, are purchased rather than produced locally, like the dairy cow manure and compost we use to amend the soil. However, I try to keep the number of the purchased items we regularly use in our garden to a minimum, because we never know if they will continue to be available, and I stock those few items in quantity. Furthermore, organic gardening depends upon companion plants for optimum performance.

By planting certain plants together, known as companion planting, we can boost productivity and minimize pests without having to add anything else to our gardens! The most common companion planting system is known as “The Three Sisters”. In this planting method, corn, green beans, and squash are planted together. The corn is planted and used as a stake upon which the beans grow. The beans help provide nitrogen to the corn and stabilize them when they are tall and the winds pick up The squash grows low to the ground and thick, holding the moisture in when the summer heat intensifies. We have incorporated this planting method for at least five years, though we don’t use squash in all of the areas where we have the corn and beans, since we don’t eat as much squash as we do beans and corn. However, there have been years that I believe I got so creative finding ways to utilize zucchini that I could have published a cookbook just in ways to use zucchini, including zucchini chocolate brownies.

I am absolutely overjoyed with a plant I only discovered about six years ago– borage. Wow! Not only is it a great attraction to the bees that produce that delicious honey we so enjoy, but all of the children love to eat the beautiful, tasty blue flowers. The grandchildren, friends’ children, and neighbor’s children call them my “candy flowers”. I don’t think they taste like candy, but they do have a kind of nutty sweet flavor, and it is a great deal of fun to collect and eat them, plus they are beautiful additions to salads, rice, and pasta dishes or to float in some lemonade. Not only are they beautiful, but they are very healthful. They are a source of Omega and GLA, with anti-inflammatory effects. WebMD has a long list of benefits of the seed, flower, leaf, and/or oil, including: treatment for eczema, dermatitis, diabetes, rheumatoid arthritis, PMS, ADHD, alcoholism, stroke, cough, depression, blood purification, to increase urine flow, prevent inflammation of the lungs, as a sedative, promote sweating, increase breast milk, treat bronchitis and colds, and to treat infantile seborrheic dermatitis.

Well, not only is borage healthy and tasty and fun to use, but when you plant this little (or actually big, bushy plant) next to your tomato plants, you will produce better tasting, more prolific tomatoes. I’ve tested it year after year. My green beans that grow next to my borage were almost twice as productive, too, two years in a row! I also understand that strawberries taste better grown with borage, though I have not grown borage in my strawberry beds, but I just might this year. Note that borage doesn’t transplant very well, so plant it by seed where you want it and keep the seed moist in well-draining soil. I have successfully transplanted it but only when very young and I took a lot of soil with it so that I didn’t disturb the roots one little bit.

In addition to borage helping tomato plants produce better tomatoes, dill weed and marigolds assist in deterring pests. (You just must manage dill’s rapid seeding/spread by pulling the flowers off its stem before they go to seed, except what you want to collect for the next year’s use, as it is named dill weed for a reason!) I have used a few dill plants on the border of my tomato bed, and two marigold plus a half dozen borage throughout. With this combination, I have only seen a tomato worm one year in all the years I’ve gardened, and while my neighbors and extended family have lost their entire crops to these pests more years than not I made many gallons of tomato sauce every year, plus in recent years have added quarts of freeze-dried cubed tomatoes, too. (All of this is in spite of not spraying with those nasty, toxic sprays either! We grow ALL organic and rarely spray with anything at all, and if we do it is an organic Neem Oil product.)

I believe that the combination of hearty, heirloom tomato plants grown year after year from my own seeds, companion planting with dill, marigolds, and borage, plus crop rotation has been the key to tremendous tomato production. I have fertilized once or twice in some years with Sea Magic, which I believe helps when the plants are small and then again possibly when the plants are just beginning to bloom. However, if I fertilize tomato plants that have blossoms on them, I pour fertilizer water on the roots and don’t get it on the plant blossoms, so as not to wash off pollen that might be on the blossoms at this point.

The concept of companion planting also deals with plants that do not get along, too. Some plants both attract the same pests, so being together puts them both at greater risk of bringing in a swarm of perpetrators upon them. If you are growing melons, then putting a companion plant (like Nasturtium or Marigolds), which are detestable to vine borers/squash bugs, next to or among your melons makes a lot of sense! My favorite companion planting guide is no longer available online; however, there are some other good resources for companion planting information, too, though not as detailed. A one-page .pdf spreadsheet with additional insect repellent planting tips may be a useful quick companion planting reference.

Heirloom Seeds

If you’ve been gardening awhile, I hope you have moved to heirloom plants and are gathering seeds from your own homegrown fruits, herbs, spices, and vegetables to grow year after year. What a great sense of accomplishment and self-sufficiency to be able to grow your own food, gather seeds, and then grow more food again from the seeds you’ve gathered off of your own plants to see cycles of food repeatedly produced year after year without an injection of material from outside parties! I must warn you that this low-cost, healthy, sustainable lifestyle is addictive! It disturbs me to remember the days when I was wholly dependent upon a grocery store for my family’s food supplies. It also disturbs me that so many of my loved ones still are wholly dependent!

As a result, I collect seeds and always have more than I need. Then, when one of my loved ones says something along the lines of, “I’m thinking about putting in a garden”, I readily have seeds available to give to them to help them get started. I believe in helping people, but I also believe it is so much greater to teach someone how to help themselves. (Hence, Hugh and I are dedicated to SurvivalBlog.)

I can remember the years where I spent $600 or more on seeds for our gardens. That was a lot of money, but it was still economical, considering the large quantity of healthy and nutritious food we grew. For some, the cost of getting started is difficult, but if you buy heirloom seeds it can be a one-time investment. Over time, I have decreased our garden plant/seed budget to about $150/year now but could go to a $0 budget if for whatever reason I needed to do so. I’d simply have to give up the annual expansion purchases of a new fruit/nut tree and vine each year, plus the few hybrids I still have a hard time parting with.It seems I haven’t been able to remove the budget item altogether, as I find new varieties or plants I want to try, and there are a few hybrid, hot, and thick-walled anaheim-type peppers for which I have not found an heirloom equivalent. I also like to buy onion sets to give me a head start, though I do plant some onion seeds from my collection and grow at least a few onions year round. However, these expenses are not necessary. I keep the heirloom seeds that aren’t my preference so I’ll have something available if I can no longer get the peppers I prefer. For details on gathering and storing seed from your homegrown vegetables, fruit, nuts, herbs, and spices, consider reading Seed to Seed, which I’ve thumbed through and found every page I looked to be “right on the nose”.

In our typical “try it and learn until it works” style, seeds are cleaned and thoroughly dried and then placed in paper towels inside small plastic ziploc bags, which are labeled with the type of seed and date collected. Those bags are placed with others inside canning jars that have about a half inch of powdered milk in the bottom (to absorb any remote possibility of moisture within the jar), and then the jar is vacuum sealed and stored in a small refrigerator that is kept running at near its warmest temperature, which is approximately 55 degrees Fahrenheit. In this manner, I’ve successfully used three year old seed for many plants, though corn is more temperamental and only had a 50% success rate at three years of age, I found. Still, that’s pretty good, I believe. Our family wouldn’t go hungry, even if we lost an entire year or two of crops, though it might be tough going through that third year and building our food and seed supply up. The temptation would be to eat all of the corn, wheat, and other grains as well as lagumes, rather than save any for seed, as these are the foods where the seed is the food. However, in this situation, it is critical to apply delayed gratification, as one corn cob can produce more than a hundred if left to become seed for another year.

We have some great seed suppliers among the SurvivalBlog advertisers– Heirloom Organics and Seed for Security LLC, who readers tell us provide excellent seeds and service, but I began buying my non-GMO, heirloom seeds from Victory Seed Company years ago. I’ve never been the least bit disappointed in any of their seeds or service. In fact, I’m been exceedingly pleased with the quality of their seeds in the selection and high germination rate, and though their packaging is basic their prices and always-increasing heirloom variety are excellent, and shipping is quick and accurate. I like that I’m dealing with a family business with a good work ethic and values of sustainable farming and community support. They seem to be involved in researching, maintaining, and increasing quantities of the old varieties that were becoming rare. Check out SurvivalBlog seed advertisers. If you don’t find what you need from them, then look at Victory Seed.

Soil and Zones

Soil and zones are mentioned in the other garden articles, but they are key parts of planning and preparation, so I will briefly mention them here, too. With the best seed and best planning, you still won’t produce much unless you have proper soil. So, though it is still early in the year in most parts of the country, I encourage you to invest in your soil now. It is the foundation of your garden and vitally important, as it is the food for your food and without it being healthy you are prone to have a lot of problems that will become costly and most likely a hardship to rectify. Unless your soil has nutrients; an appropriate pH; humus that will retain water and allow the roots of your seedlings to spread and push through the soil to reach nutrients; and the rocks, weeds, and competing plants removed, your seeds may sprout but will not grow much larger or produce. I encourage you to not only begin planning and purchasing seeds and supplies but also to get your soil ready for a productive growing season!

There are many factors involved in planning a garden, including what to grow. Only you know what you and your family will eat and enjoy. You may also be constrained by what planting zone you live in. For example, you will not be able to grow a lemon tree in your yard if you live in Minnesota; it just won’t happen! Nor will you grow blueberries in the desert of Arizona, unless you grow them in a container on a hot summer afternoon-shaded patio. (I still wouldn’t hold my breath that there will be much of a crop.) So, you need to pay attention to plant hardiness zones and also soil pH requirements when looking at various vegetables and fruits for your garden. The online garden planning guide I referenced earlier asks what zone you are in and then loads plants based upon your planting zone so that you can use this list to place plants in your garden plan appropriately. It is just loads of help! However, when the grid goes down it won’t be available any longer, so we all need to learn how to plot graph paper also. I recommend that you use this online garden planner for awhile and get used to using it and planning your garden and then shift to drawing it manually on graph paper so that when TEOTWAWKI happens you aren’t left in the dark with no garden plan available. (Worst case, you should have old plans printed and handy to pull out and reuse.)

Now, review those SurvivalBlog articles on gardening and then let your garden adventure with self-sustaining food procurement begin!



Letter Re: Situational Awareness and Profiling

JWR & Group,

I have more of a question than a comment. I believe myself to be very situationally aware. I make conscience efforts to practice this necessary skill by watching people and thinking through what I see. I consider situational awareness to be both in your immediate environment and the extending. If a new neighbor moves in down the street that is part of my awareness. If my 90 year old neighbor doesn’t take out her trash I notice. These are the subtle changes to my environment that I track. When I am at the mall and I notice some movement that is not “in the flow” I take notice. (“in the flow” all crowds have a natural flow to them, when the flow changes then there is something to notice. Perhaps a fallen person or perhaps an altercation, either way learning to watch the flow of traffic/crowds helps to quickly identify anomalies in the crowd.)

Based on the recent events in Europe and even with the mass shootings here in our country I wonder if I would be able to identify a threat in time to take action. The event in Brussels made me think if I would have been able to notice the attackers. The profiling aspect of my question is more of a stereotyping issue. I wanted to know if you or any of your colleges could shed some light on, or offer some tips on, how to distinguish between a threat and biased perceptions (racism). Being somewhat ignorant of other cultures’ habits and customs (which I am working to change) I may mistake a standard gesture as a threat and make a fool of myself, or worse get into trouble for taking an unnecessary action. If I am asking this question then there is a good chance that others too have questioned how to distinguish between a threat and a non-threat. I don’t want to encourage racism but I recognize that stereotypes exist for a reason.

Simply put can you offer insight on how to be situationally aware and not racially profile. – JC

Hugh Replies: Part of being situationally aware means that you are sensitive to things that don’t belong. That can be as simple as a person dressed in a way that you are not familiar with or a person of a different race being where you don’t expect them. While the progressive/liberal would want to claim that as “racism”, it actually is not. It’s simply being unfamiliar with the situation and paying closer attention to it. It may have nothing to do with the person/things actual reason for being where it is, it’s just that you are not familiar with it. There is a considerable difference between trust (or lack thereof) and racism.

This is also one of the reasons soldiers returning from the battlefield have difficulty in society. What is considered normal here may be abnormal where they were stationed. A gesture that may be harmless here could have been the precursor to violent action there and recognition might make the difference between life and death. It really comes down to mental conditioning for your location and situation. Perhaps some who have experienced such a situation can chime in here.



Economics and Investing:

Cutting Through Bls Bull – Sent in by B.B.

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Avoid putting your money in these banks

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Items from Professor Preponomics:

US News

4 Outrageous Examples of Government Waste (Government Waste Fraud and Abuse) Among them, million dollar training retreats. Excerpt: “International Relief and Development collected billions of dollars from the government to help rebuild impoverished and war-torn countries around the world. At the same time, the company also billed over a million dollars to the government for retreats and parties at lavish resorts.”

Judicial Watch: Obama Family 2015 Honolulu Christmas Vacation Cost Taxpayers $3,590,313 in Flight Expenses Alone (Judicial Watch)

Boeing Plans to Cut Up to 8,000 Airplane Jobs – Sources (Reuters) Excerpt: “A reduction of 8,000 jobs, including managers and executives, could save the company $1 billion in labor costs, said Peter Arment, analyst at Sterne Agee CRT. The airplane unit “is targeting ‘billions’ of cost reduction by year-end,” which will help the company remain competitive, he said.”

MetLife wins Case Challenging Its Status as Threat to Financial System (Washington Examiner) Excerpt: “MetLife’s victory means that it will avoid the tougher regulations and higher capital requirements that come with the designation that it is a “systemically important financial institution.”

GE Capital Files Request for Rescission of Status as a Systemically Important Financial Institution (Business Wire) Excerpt: “The filing demonstrates that GE Capital has substantially reduced its risk profile and is significantly less interconnected to the financial system, and therefore does not pose any conceivable threat to U.S. financial stability.”

Economics: It’s Simpler than You Think (Mises) Excerpt: “In the view of John Tamny — an editor at Forbes and RealClearMarkets — economics as it is usually studied and taught in universities is unnecessarily complicated.”

International News

Britons Raid Savings to Fund Spending as Economists Warn Recovery “Built on Sand” (The Telegraph) Excerpt: “

Personal Economics and Household Finance

Protect Your Aging Family from the “Reload” Scam (Clark Howard) Video link.

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SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.



Odds ‘n Sods:

Seattle police raid home of privacy activists who maintain Tor anonymity network node – Either a dangerous slippery slope or Seattle Police are slow on the uptake that Tor is random and anonymous. – RBS.

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CIA leaves explosives on school bus after training exercise – I really find it hard to believe. They don’t have a bus for training and then forget the stuff in a bus used for actual students. – DSV

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Bloomberg Reports: US Commandos Trained to Stop Terrorists with “Dirty Bombs”. Submitted by T.A.

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A GRIM REPORT and REMINDER – ISIL Plotting to Use Drones for Nuclear Attack on the West Excerpt: “The issue of nuclear security and the security of nuclear materials, particularly when it comes to the problems of international terrorism, the concept of terrorists and nuclear materials coming together – which is obviously a very chilling prospect.” Submitted by T.A.

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Here is a story where a mom was arrested for making her children walk to school. The Deputy was quoted saying “Mrs. Palmer was in no position to reach her children safely in the event of an emergency.” She was in the car right in front of the kids! – C.W.



Hugh’s Quote of the Day:

“There was a certain man in Cæsarea called Cornelius, a centurion of the band called the Italian band, a devout man, and one that feared God with all his house, which gave much alms to the people, and prayed to God alway. He saw in a vision evidently about the ninth hour of the day an angel of God coming in to him, and saying unto him, Cornelius. And when he looked on him, he was afraid, and said, What is it, Lord? And he said unto him, Thy prayers and thine alms are come up for a memorial before God.” Acts 10:1-4 (KJV)



Notes for Saturday – April 02, 2016

This is the birthday of Émile François Zola, a novelist and essayist. He is most often remembered as the author of “J’accuse” (I Accuse!), his lengthy open letter to president Félix Faure, which accused the French government of anti-semitism.



Round 63 Non-Fiction Writing Contest Winners Announced!

First Prize goes to R.C. for “Winter Survival- Part 1”, “Part 2”, and “Part 3”, which was posted on February 23rd, 24th, and 25th, 2016.

  1. A Tactical Self-Contained 2-Series Solar Power Generator system from Always Empowered. This compact starter power system is packaged in a wheeled O.D. green EMP-shielded Pelican hard case (a $1,700 value),
  2. A Gunsite Academy Three Day Course Certificate that is good for any one, two, or three day course (a $1,195 value),
  3. A course certificate from onPoint Tactical for the prize winner’s choice of three-day civilian courses, excluding those restricted for military or government teams. Three day onPoint courses normally cost $795,
  4. DRD Tactical is providing a 5.56 NATO QD Billet upper with a hammer forged, chrome-lined barrel and a hard case to go with your own AR lower. It will allow any standard AR-type rifle to have a quick change barrel, which can be assembled in less than one minute without the use of any tools and a compact carry capability in a hard case or 3-day pack (an $1,100 value),
  5. Gun Mag Warehouse is providing 20 Magpul PMAG 30-rd Magazines (a value of $300) and a Gun Mag Warehouse T-Shirt; (an equivalent prize will be awarded for residents in states with magazine restrictions),
  6. Two cases of Mountain House freeze-dried assorted entrees in #10 cans, courtesy of Ready Made Resources (a $350 value),
  7. The Ark Institute is donating a non-GMO, non-hybrid vegetable seed package (enough for two families of four) plus seed storage materials, a CD-ROM of Geri Guidetti’s book “Build Your Ark! How to Prepare for Self Reliance in Uncertain Times”, and two bottles of Potassium Iodate (a $325 retail value),
  8. A $250 gift certificate good for any product from Sunflower Ammo,
  9. KellyKettleUSA.com is donating both an AquaBrick water filtration kit with a retail value of $250, and
  10. Two cases of meals, Ready to Eat (MREs), courtesy of CampingSurvival.com (a $180 value).

Second Prize goes to Charles Fockaert for “Why You Need a Rocket Stove And How To Build Three Types- Part 1” and “Part 2”, Which was posted on March 8th and 9th, 2016.

  1. A Glock form factor SIRT laser training pistol and a SIRT AR-15/M4 Laser Training Bolt, courtesy of Next Level Training, which have a combined retail value of $589,
  2. A transferable certificate for a two-day Ultimate Bug Out Course from Florida Firearms Training (a $400 value),
  3. A Model 175 Series Solar Generator provided by Quantum Harvest LLC (a $439 value),
  4. A Trekker IV™ Four-Person Emergency Kit from Emergency Essentials (a $250 value),
  5. A $200 gift certificate good towards any books published by PrepperPress.com,
  6. A pre-selected assortment of military surplus gear from CJL Enterprize (a $300 value),
  7. RepackBox is providing a $300 gift certificate to their site, and
  8. Safecastle is providing a package of 10 LifeStraws (a $200 value)

Third Prize goes to Duliskov for “Backup Electric Power Design Considerations – Part 1”, “Part 2”, and “Part 3”, which was posted on March 19th, 20th, and 22nd, 2016.

  1. A Royal Berkey water filter, courtesy of Directive 21 (a $275 value),
  2. A $245 gift certificate from custom knife-maker Jon Kelly Designs, of Eureka, Montana,
  3. A large handmade clothes drying rack, a washboard, and a Homesteading for Beginners DVD, all courtesy of The Homestead Store, with a combined value of $206,
  4. Expanded sets of both washable feminine pads and liners, donated by Naturally Cozy (a $185 retail value),
  5. Two Super Survival Pack seed collections, a $150 value, courtesy of Seed for Security, LLC,
  6. Mayflower Trading is donating a $200 gift certificate for homesteading appliances,
  7. Montie Gear is donating a Precision Rest (a $249 value), and
  8. Two 1,000-foot spools of full mil-spec U.S.-made 750 paracord (in-stock colors only) from www.TOUGHGRID.com (a $240 value).

Honorable Mention prizes ($30 Amazon.com gift certificates via e-mail) have been awarded to the writers of these fine articles:



March in Precious Metals by Steven Cochran of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainesville Coins where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers.

What Did Gold Do in March?

Gold had a bit of a roller coaster ride in March. Prices surged after the Fed did not raise benchmark interest rates at its March 16th policy meeting. Later in the month, a series of very hawkish speeches by five Federal Reserve regional presidents pushed gold down from its mid-month highs, but it recovered on a very dovish March 29th speech by Fed Chairwoman Janet Yellen. Yellen explicitly left open the door for QE4 (a fourth program of money printing and bond purchases) if needed.

Negative interest rates across the world and the lack of a rate increase by the Fed has gold recording its best quarter since 1986.

Factors Affecting Gold This Month

ECB Pulls Out The Stops

March 10th was the date of the European Central Bank’s policy meeting, which was more than anyone expected. ECB President Mario Draghi not only pushed benchmark interest rates even deeper into negative territory, he announced an expansion of the ECB’s quantitative easing program. Central bankers in Europe are losing their minds as their economies teeter on the brink of a deflationary spiral. Their policies of punishing banks and savers for daring to keep money on deposit has not had the expected outcome of spurring growth.

Noting all the global economic risks in play (Brexit, China debt crisis, U.S. elections), Bank of American analysts decreed the ECB policy announcement as “Quantitative Failure”. They note that “gold is one of the good investments left”.

Fed Rate Hike Speculation

Speaking of dovish central bank meetings, the Fed did not disappoint. Not only did it not raise interest rates again in March, but forward guidance showed that the majority of committee members had cut the expected number of rate hikes for 2016 from four to two. Gold went vertical on the news. In fact, all precious metals gained nearly 2½% in the first hour after the Fed statement. Crude oil gained 5%, while the dollar tanked.

Speculation on a rate hike next month went into high gear, as five of the 12 regional Fed presidents went on a hawkish media blitz in late March. All five talked up a very real possibility of an April rate hike, sending the dollar climbing and commodities lower.

On March 29th Chairwoman Yellen shot down this hawkish talk. Not only did she note global risks that were weighing on the U.S. economy, she opened the door to a possible QE4, if needed. She called present economic conditions worse than they were in December, when the Fed raised interest rates for the first time since the 2008 economic crisis.

Those interest rate hawks may want to check the GDPnow tool, run by the Atlanta Federal Reserve. From an original estimate of first quarter economic growth at 1.9%, it slipped to 1.4% last week, and 0.6% this week. Another research tool, the CME FedWatch tool, uses Federal Funds futures to predict Fed rate moves. At the end of the month, it gave only a 5% chance of an April rate hike. The odds don’t reach 50/50 until September, though these numbers change constantly.

Helicopter Money

The resounding failure quantitative easing, zero, and even negative interest rates has failed to raise inflation. After negative interest rates, which were supposed to be impossible, have failed to turn the European and Japanese economies around, the next step over the line is being discussed. Called “Helicopter Money,” the idea is to send checks directly to the public (perhaps as some sort of tax refund), or monetize Federal debt as a means to finance repairs to infrastructure. This is supposed to be a one-time event, if it is chosen. However, if the second option is chosen, it will be a replay of what happens every time the government gets ahold of the printing press. More and more money will get printed, to finance every Congressman’s pet “pork” projects, until the currency is so debased that we go into hyperinflation.

The Bank of International Settlements (BIS), called the “central bank of the central banks”, reprimanded the reckless behavior of central banks playing with negative interest rates. When New World Order entities, such as the BIS and International Monetary Fund, start criticizing your actions, you know that monetary policy has gone too far.

Brexit

The terror attacks in Brussels this month are strengthening the hand of the anti-EU side in Britain’s upcoming referendum on whether to remain in the EU or cut loose and go their own way. The “Stay” side is dominated by banking and industrial interests, while the “Leave” side is riding a populist wave of discontent over the flood of immigrants and the “encroachment” of EU laws superseding UK ones.

A “Brexit” will cause turmoil in markets on both sides of the Atlantic and be a huge headache for British companies doing business in Europe (i.e. most of them.) Proponents of leaving the EU say that the initial rough patch of breaking away will be worth the benefits later. While the two sides are running neck and neck right now, things will be certain to change before the June 23rd vote.

Dwindling Dollar

Even though the dollar has gotten temporary boosts this month (like hitting a two-week high on the hawkish Fedspeak in late March), the USD is having its worst month in 5½ years, hitting a 9-month low at the end of the month. This was hammered home by Yellen’s dovish speech on the 29th. Reuters went further, saying this is the dollar’s worst quarter since 2010.

On the Retail Front

Sales of the 2016 Silver Eagle bullion coin hit a year to date total of 14.8 million coins, as it seems set to make a run at another all-time annual record. The Perth Mint in Australia reported that it has had the best six months in its 117-year old history. Not only were coin and bar sales through the roof, but the Mint’s refinery processed 150 metric tons of gold and 300 metric tons of silver in that six months.

CoinWorld warns investors about a new wave of counterfeit PAMP Suisse one ounce gold bars. While the best protection against fakes is buying from a reputable precious metals distributor, a device like the Sigma Metalytics “Precious Metals Verifier” allows you to quickly test the purity of a coin and bar, even through the packaging.

Central bank gold action sees Russia, Kazakhstan, and China all adding to reserves again this month. Russia added 11.1 metric tons, for a total of 1,447 tons. Kazakhstan bought 2.7 tons, which was a 13.5% increase to their reserves, which now stand at 22.6 tons.

China’s gold reserves increased by 9.95 metric tons last month, as the big drain on foreign reserves continued. China has been selling dollars, bonds, and other currencies to fund intervention in the stock market and yuan currency market.

Market Buzz

Former Federal Reserve Chairman Alan Greenspan says negative rates are nonproductive and encourage misuse of capital. A drop in productivity is causing the current economic stagnation, he says, and calls on the U.S. to rein in entitlements to restore that productivity.

Bond King Bill Gross is on the same page: “The reality is this. Central bank polices consisting of QE’s and negative/artificially low interest rates must successfully reflate global economies or else. They are running out of time. Or else what? Or else markets and the capitalistic business models based upon them and priced for them will begin to go south. Capital gains and the expectations for future gains will become Giant Pandas – very rare and sort of inefficient at reproduction.”

Super investment firms Blackrock and Pimco are both warning clients that inflation will start picking up soon. According to them, oil prices will start rising as higher-cost producers are forced out of the market, which is the worst kind of inflation to have. Blackrock, which has $4.6 trillion under management, advises people “We like inflation-linked bonds and gold as diversifiers.

Stan Drukenmiller is one of the most successful hedge fund managers in the world, and he’s betting big on gold, too. He has put 30% of his fund assets into the SPDER Gold Trust ETF.

The World Gold Council says that negative interest rates will likely boost demand for gold.

Speaking of gold, where is America’s gold going? According to SRSrocco Report, most of it is going to only four countries.

We know where Venezuela’s gold is going– Switzerland.

Jewelers and bullion dealers in Indiawent on strike March 1, after a surprise excise tax was levied on gold products. Negotiations with the government led to many jewelers returning to work, while others demanded something more than the words of a government official before ending their strike.

In a tale of the dangers of digital money, the Bangladesh central bank SWIFT account, which connects it to the global banking network, was hacked. This allowed criminals to make off with $100 million from the central bank’s account at New York Fed, which was then laundered through Philippine casinos. At first, the Bangladeshi Central Bank threatened to sue the NY Fed for the $100 million, but it later came out that the breach happened in Bangladesh.

Speaking of things happening at central banks that shouldn’t, the Fed is finally under investigation for being controlled by “Too Big To Fail” banks, like Goldman Sachs. Called regulatory capture, it means that the regulatory agency turns a blind eye to abuses of the businesses it is supposed to be monitoring, or shapes regulations to favor them.

In a move that is sparking a huge backlash, the Royal Mint has blocked redemption of legal tender collectible coins. Its position is that, even though they are legal tender coins, collectible coins are not released into circulation, so they aren’t “real” legal tender coins. The RM has instructed banks not to accept them. This isn’t a law passed by Parliament; this is something the Royal Mint decided on its own. This will probably lead to the collapse of the domestic commemorative coin market in Britain.

Looking Ahead

While no one really believes the Fed could possibly raise interest rates in April, a good non-farm payrolls report could make markets antsy. There is no FOMC meeting in May, so the next chance for a rate hike would be June.

April is also supposed to be the grand meeting of the world’s top oil producers (except the U.S.) to negotiate a freeze to output levels. There’s a snowball’s chance in Saudi Arabia of a production cut, and not much more of a chance for even a freeze. In any case, oil markets will react badly.

You get an extra 72 hours before you have to cough up your tribute to Uncle Sam this year, as Tax Day isn’t until April 18 this year. You can thank the District of Columbia’s celebration of Emancipation Day for the reprieve.

And finally, we have a story that may be evidence that the terrorists have won:

A man with multiple sclerosis was transferring money from his Chase Bank account to his dogwalker and he put the 9-year-old pitbull’s name, “Dash,” in the memo line. The bank not only stopped payment, thinking that the money was being sent to fund Daesh, they reported the man to the U.S. Treasury Department’s anti-terrorism division.

The Treasury Department flagged his account until he could “explain what Dash means.” Once he cleared up the confusion, the government unblocked the payment. Unfortunately, is seems that Mr. Francis has bought into the “happily give up our freedom to save us from the terrorists” line that the government uses for expanding the police state, saying “I think anything we can do to stop the terrorists and the funding of terrorists, let’s do it.”



Letter Re: Solar Power

Hugh:

It seems straightforward to accumulate the beans, bullets, and band aids, and this site has been a tremendous help.

However, solar power seems formidable. Every article I read quickly devolves into talk of how to wire and link things, amps, voltage, et cetera. I am an older professional woman with no mechanical expertise, but I do know that electricity can be dangerous, and I hesitate to do these things myself.

It would be a tremendous help if someone could write an article listing simple plug-and-play systems that could be purchased from reputable companies. If they could do it by price points, it would be even better (e.g., if you have $1,000, buy this – and it will be enough to power these items). In addition, can these systems be left on at an unattended retreat or are they a fire hazard? – prepperdoc

Hugh Replies: Plug-n-play solar systems are expensive. There are things that have to be taken into account, which require technical expertise and is why solar installation is a thriving industry. You basically have two options:

  1. Use a plug-n-play system like Goal Zero or similar. You can get these systems from our advertisers, if you prefer to go that route:

    Don’t be afraid to call them. Each of these companies will ask you questions to learn what your needs are and will make recommendations based on your specific issues. You can certainly tell them you heard about them on SurvivalBlog.

  2. Assemble your own system from components on Amazon or a local supplier. This method is the least expensive, but it is also where all those techie things like “how to wire”, “amps”, “voltage”, “mechanical mounts”, and other things come in. There is no way around it. If you want to save money, you have to learn these things to go this route.

The techie stuff must be taken into account, and you are either going to learn it yourself or pay someone else to do it for you, but it has to be done.



Economics and Investing:

Worst Case Scenario = 73% Down From Here

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How Mainstream Economic Theories Regularly Miss The Mark

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Items from Professor Preponomics:

Professor Preponomics’ Reading Recommendation

Available on Amazon: Basic Economics: A Common Sense Guide to the Economy (5th Edition) by Thomas Sowell

US News

$10 Mil to End “Diaper Disparity” After Free Diaper Laws Fail Twice in Congress (Judicial Watch) Excerpt: “To get the ball rolling, the administration announced this month that it plans to spend $10 million to “test effective ways to get diapers to families in need and document the health improvements that result.” Because it’s unlikely that Congress will pass a law to accomplish this, Muñoz admits the administration is getting creative and using every tool it has to help solve this dire problem.”

State Department Hiring Interio Designers, Salaries Up to $141,000 (Washington Examiner) Excerpt: “The Division provides comprehensive interior design services to include programming, space planning, architectural finish specification and furniture for U.S. diplomatic missions worldwide…”

Obama’s Solar Socialism (Government Waste Fraud and Abuse) Excerpt: “Taxpayers have been bilked for billions of dollars for decades so politicians could funnel money into solar firms like Solyndra, which a new investigation by the Inspector General of the Department of Energy (DOE) confirms engaged in a “pattern of false and misleading assertions” to win a loan guarantee from DOE.”

Here’s Who Benefits from Worsening Puerto Rico’s Debt Crisis (The Federalist) Excerpt: “All the key players in the Puerto Rico debate are, to a greater or lesser degree, looking out for number one, but a solution that restores economic confidence and the ability of the island to become financially solvent should carry a good deal more weight than either concerns for the balance sheets of mega-consulting firms or the politics of the upcoming elections.”

International News

The Richest and Poorest Countries in the World (Visual Capitalist)

Weak Global Economy is Said to Threaten Government Finances (AP) Excerpted: “When growth is weak, governments collect less revenue and struggle to pay pensioners and meet all their debt payments.” These kinds of numbers mean we are not going to make good on these commitments….”

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SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.



Odds ‘n Sods:

A remake/spoof of the Simon & Garfunkle classic “The Sounds of Silence” has been posted on YouTube – Except this one is about the atrocities of Islam as they force their political system on you. “Sounds like Silence” – Watch it while you can – It didn’t make it very long on Facebook before being taken down. Warning: Very powerful video, but contains graphic images and some language. Sent in by RBS

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Questioning ‘gay’ lessons gets 4-year-old booted from preschool. Yet another reason to get your kids out of public schools (or liberal preschools). This kind of indoctrination can only lead to family trouble. – D.S.

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Trouble finding the finances to finish off those preps? Or maybe you’re just getting started? Top 10 Prepper Items You Can Find At A Garage Sale – Sent in by H.L.

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HUD Wants to Make Living in a Tiny House or RV Illegal – H.L.

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The US Airforce’s powerful new missile that doesn’t go boom . This weapon will have little effect against militaries with hardened electronics, but it could potentially have significant impact against smaller groups like ISIS…or constitutionalists. – A.S. Note: The article has an auto started video that has nothing to do with the subject other than just being housed in a cruise missile. Just stop the video and read the article.



Hugh’s Quote of the Day:

“And David danced before the Lord with all his might; and David was girded with a linen ephod. 15 So David and all the house of Israel brought up the ark of the Lord with shouting, and with the sound of the trumpet.” – 2 Samuel 6:14-15 (KJV)