Foreign Holders Dump A Whopping $40.8 Billion In Long-Term Treasuries
Gold Trader: “Big Money Is Now Trying To Get In—On A Violent Regression To The Mean”
Items from The Economatrix:
Fitch Rings Warnings On Canadian Banks
For folks with a large stream on their property, a Pelton Wheel system like this is fantastic: Algonquin Eco-Lodge – 12 kW Micro-Hydro Turbines
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.50 BMG shooters might find this reference page on specialty military rounds of interest.
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Mike Brown is planning to build a new generation of reliable 8 horsepower steam engines that will be able to run a 5 kilowatt generator.
"In the end, more than they wanted freedom, they wanted security. They wanted a comfortable life and they lost it all – security, comfort and freedom. When the Athenians finally wanted not to give to society, but for society to give to them; when the freedom they wished for most was the freedom from responsibility, then the Athenians ceased to be free." – Edward Gibbon, Decline and Fall of the Roman Empire
Today we present a guest article by “Joe Snuffy.” He is a former U.S. Army officer (now presumably in some nebulous IRR Control Group) and the author of the book Suburban Survival: Preparing for Socio-Economic Collapse.
Many preppers and survivalists have tried to convince family members and friends about our current predicament, being the long-term collapse of industrialized civilization. As intellectual survivalists, many of us have studied the works of Dr. Joseph Tainter (The Collapse of Complex Societies), Dr. Nate Hagans (Peak Oil / environmental economics), John Michael Greer (catabolic collapse theory), etc. Many of us collapse theorists have performed a form of fusion between these noted theorists, as well as noting significant events ourselves, since the early 1970s, in particular.
How about a neat little Gedanken (a thought experiment) or role playing game during a family get-together or social event? In this game, we travel back to the year 1970, where the traveler (or even a group of people, which would be better, for collective input) is the time traveler to the year 1970, and the rest simply play the parts of ordinary, average people of that time period (not our usual doomer selves, in the modern sense), oblivious, and amazed that this person was able to travel back through time, from the year 2013. Note-taking and illustrations on a dry-erase board could add to the fun, and create more effect.
Here is how a realistic dialogue could go during the role playing between one of our typically uninformed, NFL/NASCAR/Disneyland relatives/friends being the time travelers, and us as the 1970s people:
Us: “Wow, so you’re from the future! Groovy!”
Traveler: “That’s right”
Us: “Wow, so it’s like 2001: A Space Odyssey, in 2013, right? I just saw that movie.”
Traveler: “Uh…no…not really.”
Us: “What do you mean?”
Traveler: “We don’t put people in space anymore. Only the Russians do.”
Us: “What!?”
Traveler: “There’s an International Space Station in orbit, but the Russians are the only ones flying to it. I think American astronauts are getting rides with them.”
Us: “What!? But it’s like that one in 2001: A Space Odyssey, right?
Traveler: “You mean like a big, giant round thing? No, it just looks like the small one that the Russians had in space from the 1980s, to the 1990s. My cousin said he talked to someone who works for NASA, who said that the Russians even built the modules for the newer space station, because they were they only ones who knew how to do it.”
Us: “Well, isn’t the US going to put something like that in space?”
Traveler: “We had a little one of our own called Skylab for a couple of years. I think that was around 1973. But, I mean…nobody has any money anymore for stuff like that.”
Us: “What are you talking about?! We’re the Unites States of America! We’ve got Apollo Moon missions going on! We’re fighting a war in Vietnam! There’s nothing we can’t do!”
Traveler: “Well, I don’t know. When I hear older people talk, they talk about the economy back in the 1970s, with the gas rationing that went on in 1973 and 1979. I also hear them complain about how Nixon took the US Dollar off of the gold standard in 1971, and that it’s causing problems in my time. I also have this loony cousin, who says that US oil production peaked in December of 1970,… whatever that means…I heard this one guy, Schiff, I think his name is, saying that we ‘went into debt in the 1970s, in order to pay for everything we did back in the 1960’s’.”
Us: “No gold standard?! Well then what backs the dollar? Nothing?
Traveler: “Yeah, pretty much.”
Us: “Oh my God… But we produce all the oil we need. At least that’s what we’re told.”
Traveler: “Well, I think we’ve always imported oil from foreign countries. I think even in your time, we’re importing oil. There’s a lot of talk about something called shale plays in the US, but my cousin says they’re a lie, that they’re actually starting to peak, as they ‘play-out.’ He says it’s like the lie about food in the movie Soylent Green, whatever that means.”
Us: “What’s Soylent Green?”
Traveler: “Some really ugly movie about the future, with Charlton Heston in it that comes out a few years from now…Oh, by-the-way, that reminds me: I think that people were encouraged to kill themselves in that movie. Just before I time traveled, there was a news story about how since 2010, suicide was the number one cause of death in the US and Europe, exceeding traffic accidents. The article said the numbers were actually conservative, with one researcher saying that the real suicide rate was probably 30% higher, because coroners can’t always tell what the motive behind accidental death is.”
Us: “Oh my God…By-the-way, you don’t seem to be recalling this stuff very well. Didn’t you have any schooling after high school?”
Traveler: “Yes, I have a Bachelor’s Degree in Accounting, but I haven’t been able to find a job, so I work two different part time jobs at the mall.”
Us: “You mean one of those new indoor shopping malls?”
Traveler: “Yeah. I work 30 hours a week at an Orange Julius. It’s a place that serves fruit drinks and hot dogs. Then I work 20 hours a week at a clothing store that sells punk rock and goth stuff to kids.”
Us: “Punk rock,… goth?”
Traveler: “Never Mind.”
Us: “So what do you do when you get home?”
Traveler: “Oh, I waste time on the Internet, chatting with friends, etc.”
Us: “What’s ‘the Internet’?”
Traveler: “It’s this global network of computers that all communicate, and share all of the knowledge of the world that has ever existed.”
Us: “So for a time traveler representing the future of humanity, how come you don’t seem to know much?”
Traveler: “I don’t know…
Traveler: “I then usually watch TV. I like ‘Dancing with the Stars’. It’s my favorite TV show.”
Us: “What’s that?”
Traveler: “It’s this show where celebrities go and have these dancing contests.”
Us: “Oh my God…That sounds stupid. Well…Then again,… we have these ‘variety’ shows on TV, that are probably just as stupid.”
Traveler: “What are those?”
Us: “It’s where these celebrities host their own TV shows, and perform skits, play jokes on each other, stuff like that.”
Traveler: “You’re right. That does sound stupid,”
Us: You know, your future doesn’t give us anything to look forward to. I can’t believe it! There is no way I’m going to allow my kids to have any children of their own. Why bother! They’re just going to suffer. Is there anything else that sucks about the future?”
Traveler: “Oh yeah. One other thing: You mentioned Vietnam. I don’t know much about that war, but I heard that we lose that war a few years from now. Anyway, we had another series of illegal wars in the Middle East, after the World Trade Center in New York got crashed into by some airlines, in 2001. A lot of people compared these wars in Iraq and Afghanistan to Vietnam. Also, my cousin said that the attack on the World Trade Center was a false flag by our own government, because of the way they completely came down from a set of implosions. One building didn’t even get hit by anything, and it imploded in on itself, as well.”
Us: “Oh my God…Martin Luther King himself even warned us about this, in his Beyond Vietnam speech, when he protested the war…He said it would continue, if we didn’t stop acting like an empire…” I think I just saw something on 60 Minutes about how the Gulf of Tonkin incident never actually happened. By the way, next time, have your ‘crazy cousin’ do the time traveling. He sounds a little bit better informed…”
Us: Okay, so apart from the fact that our future is totally screwed, how much do things cost in the future, like a home, cars, stuff like that?
Traveler: Well, a decent house, depending on where you live can cost anywhere from $150,000 on-up to a Million. Most new cars are from $20,000 to $60,000. Bread is about $3.00 a loaf. A gallon of gas, last I checked, was around $3.80.
Us: My God! The average price for a new house now is just somewhere over $24,000. A good new car is around $3,500. A gallon of gasoline right now is about 36 cents. Bread is only a quarter. What happened to the value of the dollar? Oh wait, that’s right. You just said that Nixon is going to take us off of the gold standard. And you said we’re already importing oil. How much are we importing in the future?
Traveler: My cousin told me, because of something called ‘demand destruction’ and those shale oil plays, just less than half of what we use each day comes from a whole mix of other countries. Before the economy got really bad in 2008, we imported over half of what we used…
…
I think everyone can see how this can go. Yes, in this example, the time traveler takes some ribbing, to say the least, but YMMV, based on how cooperative and good-natured your friends and relatives are. Just have fun with it. You can even have a large group, divided into two halves, serving as time travelers and as 1970s people. Also, it may work out better if it’s one of us unplugged types who does the time traveling, as some of us might have a deeper knowledge of history, and the ability to convey it.
Some of my inspiration here comes from the ultimate intelligence officer, himself, the character Gary Seven (Robert Lansing) from the old Star Trek episode Assignment Earth. (He was so high-speed, he knew that the Enterprise crew came from the future, as soon as he encountered them. “Humans, traveling with a Vulcan…”) The Canadian documentary Stupidity also came to mind. This particular documentary, narrated by Donald Sutherland, asks the question: In a world where information is more accessible than in any other period in human history, why do people insist on remaining stupid?
As things quickly transpire, like most other doomers out there, I am convinced that it is simply too late to preach to people who want to stay clueless. However, this could be fun, and have a powerful psychological effect (or at least create a serious paradigm shift.)
India Bans All Gold Coin Imports, Increases Capital Controls
Carolina Jim recommended an essay by Paul Rosenberg: The Blow That Killed America, 100 Years Ago.
Dire Consequences Await As U.S. Debt Nears A Tipping Point.
Items from The Economatrix:
That Which Is Incapable Of Reforming Itself Disappears
How To Prepare For An Economic Depression
US Consumer Bankruptcies Jump By Most In Three Years; Third-Party Collections At All Time High
G.G. sent this: Ten Years Later, How Have We Avoided Another Mega Blackout? And this: Failure is Not-an Option Unless We’re Talking About American Energy Infrastructure
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Ban on carrying loaded guns absent a concealed-carry permit is upheld by Oregon supremes. Reading the decision, it appears that it was the court rather than the defendant that was acting “recklessly.”
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Bellingham to pay $15,000 to man who wore gun in park
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A Mikey Bloomberg nightmare: Virginia gun crime drops again as firearm sales soar.
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British-produced food would run out today, farmers warn: Food supplies for the year would run out today if Britain had to rely on domestic goods alone due to a sharp fall in production in the past two decades, farmers have warned. (Thanks to M.P. in Seattle for the link.)
“To whom ye forgive any thing, I [forgive] also: for if I forgave any thing, to whom I forgave [it], for your sakes [forgave I it] in the person of Christ;
Lest Satan should get an advantage of us: for we are not ignorant of his devices.” – 2 Corinthians 2:10-11 (KJV)
This weekend only, (August 16-18, 2013), Camping Survival is having a 10% off sale on all Honeyville long-term storage food products. Use coupon code: “honeyville10”, at checkout.
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Today we present another entry for Round 48 of the SurvivalBlog non-fiction writing contest. The prizes for this round include:
First Prize: A.) Gunsite Academy Three Day Course Certificate, good for any one, two, or three course. (A $1,195 value.) B.) A course certificate from onPoint Tactical. This certificate will be 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, and C.) Two cases of Mountain House freeze dried assorted entrees in #10 cans, courtesy of Ready Made Resources. (A $350 value.) D.) a $300 gift certificate from CJL Enterprize, for any of their military surplus gear, E.) A 9-Tray Excalibur Food Dehydrator from Safecastle.com (a $300 value), F.) A $300 Gift Certificate from Freeze Dry Guy. G.) Two BirkSun.com photovoltaic backpacks (one Level, and one Atlas, both black), with a combined value of $275, H.) A $250 gift certificate from Sunflower Ammo. and I.) A roll of $10 face value in pre-1965 U.S. 90% silver quarters, courtesy of GoldAndSilverOnline.com. The current value of this roll is at least $225.
Second Prize: A.) A gift certificate worth $1,000, courtesy of Spec Ops Brand, B.) A Glock form factor SIRT laser training pistol and a SIRT AR-15/M4 Laser Training Bolt, courtesy of Next Level Training. Together, these have a retail value of $589. C.) A FloJak FP-50 stainless steel hand well pump (a $600 value), courtesy of FloJak.com. D.) $300 worth of ammo from Patriot Firearms and Munitions. (They also offer a 10% discount for all SurvivalBlog readers with coupon code SVB10P.), E.) A $250 gift card from Emergency Essentials F.) A full set of all 22 of the books published by PrepperPress.com. This is more than a $200 value, and G.) Two cases of Meals, Ready to Eat (MREs), courtesy of CampingSurvival.com (a $180 value).
Third Prize: A.) A Royal Berkey water filter, courtesy of Directive 21. (This filter system is a $275 value.), B.) 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, C.) Expanded sets of both washable feminine pads and liners, donated by Naturally Cozy. This is a $185 retail value, D.) A Commence Fire! emergency stove with three tinder refill kits. (A $160 value.), E.) Two Super Survival Pack seed collections, a $150 value, courtesy of Seed for Security., E.) A Tactical Trauma Bag #3 from JRH Enterprises (a $200 value).
Round 48 ends on September 30th so get busy writing and e-mail us your entry. Remember that there is a 1,500-word minimum, and that articles on practical “how to” skills for survival have an advantage in the judging.
A while back, I remember reading a tantalizingly titled but substantively misleading news article about a group of junior high school students who built a “car” that attained a fuel efficiency of 150 mpg. After reading the story, my skepticism was confirmed that a bunch of junior high school students “out-engineered” those who engineer automobiles for a living, or more succinctly for profit. The vehicle they built was little more than a soap box racer with a Briggs and Stratton lawn mower engine; more of a go-cart instead of a practical conveyance.
What I did discover in reading the article was that the efficiency was much more attributable to simple driving techniques rather than technological innovation. I immediately saw the opportunity to save a few dollars. When I practiced and developed these driving techniques, it was no longer a matter of saving a few dollars. Upon extrapolating it out over the course of one year, it was over $300 which is quite substantive to me.
Pulse and Glide Driving (PGD) was the term used in the story and it very effectively captures the essence of the technique. It is not difficult to deduce the practical application from just those four words. I have applied this to my regular driving habits, which living in a major city suburb limits me to about 90 percent city driving conditions. I have proven that it does indeed work in stop and go traffic, although not as effectively as dramatically as it does in highway conditions. There are other factors I have also incorporated to further reduce the impact of fuel expenses on my wallet. I will mention them here as well, but be mindful that the bulk of the improved efficiency is gained by cyclical periods of moderate acceleration and coasting along in neutral.
First, let me tell you about my vehicle. I do not have a good bug out vehicle. I drive a sensible commuter in the form of a 2008 Kia Rondo and my commute to work is less than two miles. In the South Florida summertime with the air conditioning running, it gets about 16 mpg city and 19 mpg highway. Using PGD, I routinely inflate those figures to 20 mpg city and about 25 mpg highway, and that is with the air conditioning still running. These figures represent approximately a 25 percent improvement without installing a penny’s worth of performance improving equipment or sacrificing environmental comfort. You would be totally surprised (or not) how important both those notions are driving around with three females; two of them under the age of eight.
The basic principles of PGD are very simple:
There are also a couple extra things you can do to stretch your tank’s range even more.
This is all well and good, but there are times when you definitely should not use PGD techniques.
Another thing to think about is by developing and refining these techniques is that you are not only going to save money now, but you are also extending the driving range of your vehicle. A tankful of gas that used to get me only 250 miles now gets me 300; more if I turn off the air conditioner, headlights and parking lights. In the less austere times that could lie ahead, this may be an important factor. If maximum range is of the most importance to you, use the highest grade premium gasoline you can get. For everyday driving however, use the lowest octane rating that provides acceptable performance without engine knocking or pinging. It’s also cheaper, which is the whole point here. Imagine the extra preps you could have after just one year!
If you are on the road to your retreat for a permanent move, incorporating these techniques could mean the difference between getting there with the fuel you can carry drawn from your own stocks or facing the reality of having to obtain more fuel along the way. It may be prohibitively expensive, dangerous to scavenge or outright unavailable at any price. Bring your jerry cans and have a few 5 Hour Energy drinks readily available– you never know when you might need them.
JWR Adds: Be advised that coasting in neutral is banned in some jurisdictions, for safety reasons. “Gliding” can be hazardous in areas with traffic congestion. Also be aware that you can burn out your clutch if you don’t fully disengage it during your “glides.” FWIW, I used to turn my engine’s ignition off just before very long downgrades (which is illegal in many jurisdictions.) But of course with modern steering column locks, this is no longer possible with most manual transmission cars and light trucks.
Hello, Mr. Rawles:
I’d like to share a hint with you and your readers: Save all of your empty (discharged) disposable lighters, such as “Bic” brand lighters. They contain flints that you can use in your Zippo lighter. [These lighters can have their striker mechanism quickly broken down with a pair of pliers.] These are longer than the replacement flints that are sold in stores. They also work well in the older Coleman lanterns equipped with flint strikers.
Reader C.D.V. sent: New Fox, Same Henhouse: Wall Street Takes Over LIBOR. This piece includes some interesting thoughts on derivatives: “A former trader who worked in both New York and London recently told me, ‘At the end of the day, this market is running on the [Federal Reserve]. Once they pull out it’s all over. Cheap money, loads of people making loads of money, but no lessons learned.'”
I noticed that Backwoods Home magazine now has a “pay for your subscription in pre-’65 silver coins” option. (We do likewise, for our voluntary Ten Cent Challenge subscriptions.)
Similarly, Late’s diner offers 1964 prices to customers paying with silver coins. (A hat tip to H.L. for the link.)
Items from The Economatrix:
Has The Landscape For Gold Changed Forever?
I was pleased to see that Mark Levin’s new book The Liberty Amendments: Restoring the American Republic hit #1 overall on Amazon.com.
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Ohio Shawn spotted a piece about a single-wheel human cargo trailer, over at Instructables.
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Bob G. sent this study in contrasts: AK-74: Fast Assembly & Disassembly In Russian School. (Most American school teachers would throw a fit before they would allow this in their classrooms.)
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Just for fun: Swiss “Jetman” flies along B-17 aircraft
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“There is no king saved by the multitude of an host: a mighty man is not delivered by much strength.
An horse [is] a vain thing for safety: neither shall he deliver [any] by his great strength.
Behold, the eye of the LORD [is] upon them that fear him, upon them that hope in his mercy;
To deliver their soul from death, and to keep them alive in famine.
Our soul waiteth for the LORD: he [is] our help and our shield.
For our heart shall rejoice in him, because we have trusted in his holy name.
Let thy mercy, O LORD, be upon us, according as we hope in thee. – Psalm 33:16-22 (KJV)
It sounds like our friend Tam (of the View From The Porch blog) is having Epic Fun at a three gun match at the western edge of The American Redoubt, near Bend, Oregon. She sounds jazzed.
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I was glad to that the Rural Revolution blog is back up on line at its original URL.
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Today we present another entry for Round 48 of the SurvivalBlog non-fiction writing contest. The prizes for this round include:
First Prize: A.) Gunsite Academy Three Day Course Certificate, good for any one, two, or three course. (A $1,195 value.) B.) A course certificate from onPoint Tactical. This certificate will be 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, and C.) Two cases of Mountain House freeze dried assorted entrees in #10 cans, courtesy of Ready Made Resources. (A $350 value.) D.) a $300 gift certificate from CJL Enterprize, for any of their military surplus gear, E.) A 9-Tray Excalibur Food Dehydrator from Safecastle.com (a $300 value), F.) A $300 Gift Certificate from Freeze Dry Guy. G.) Two BirkSun.com photovoltaic backpacks (one Level, and one Atlas, both black), with a combined value of $275, H.) A $250 gift certificate from Sunflower Ammo. and I.) A roll of $10 face value in pre-1965 U.S. 90% silver quarters, courtesy of GoldAndSilverOnline.com. The current value of this roll is at least $225.
Second Prize: A.) A gift certificate worth $1,000, courtesy of Spec Ops Brand, B.) A Glock form factor SIRT laser training pistol and a SIRT AR-15/M4 Laser Training Bolt, courtesy of Next Level Training. Together, these have a retail value of $589. C.) A FloJak FP-50 stainless steel hand well pump (a $600 value), courtesy of FloJak.com. D.) $300 worth of ammo from Patriot Firearms and Munitions. (They also offer a 10% discount for all SurvivalBlog readers with coupon code SVB10P.), E.) A $250 gift card from Emergency Essentials F.) A full set of all 22 of the books published by PrepperPress.com. This is more than a $200 value, and G.) Two cases of Meals, Ready to Eat (MREs), courtesy of CampingSurvival.com (a $180 value).
Third Prize: A.) A Royal Berkey water filter, courtesy of Directive 21. (This filter system is a $275 value.), B.) 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, C.) Expanded sets of both washable feminine pads and liners, donated by Naturally Cozy. This is a $185 retail value, D.) A Commence Fire! emergency stove with three tinder refill kits. (A $160 value.), E.) Two Super Survival Pack seed collections, a $150 value, courtesy of Seed for Security., E.) A Tactical Trauma Bag #3 from JRH Enterprises (a $200 value).
Round 48 ends on September 30th so get busy writing and e-mail us your entry. Remember that there is a 1,500-word minimum, and that articles on practical “how to” skills for survival have an advantage in the judging.