Economics and Investing:

Charley keyed in on a piece in The Atlantic, where Jeffrey Goldberg contemplates survivalism: Why I Fired My Broker. The accompanying video clip, titled “The Con Game” is quite entertaining and has some snippets about his acquaintance Cody Lundin–a survivalist and author.(Cody is the author of When All H*ll Breaks Loose: Stuff You Need To Survive When Disaster Strikes — currently around #300 in the Amazon ranks.) Here is a quote from the print article: “For the record, I don’t think the grid is buckling under the weight of consumer debt or the mistakes of AIG. But we’re in a strange moment in American history when a mouse-eating barefoot survivalist in the mountains of Arizona makes more sense than the chief investment strategist of Merrill Lynch.” The article also quotes conservative economist and investor Bill Gross.

JHB spotted this by Jim Willie: Banks Must Brace For New Losses

Items from The Economatrix:

IMF Warns Over Worrisome Parallels to Great Depression

Inflation Laid Bare (The Mogambo Guru)

AIG Says No to Insureds, But Yes to Executive Bonuses


Google’s Recession-Proof Armor Dinged



Odds ‘n Sods:

Hawaiian K. sent us the link to a video clip showing the Mexican Back-Country Improvised Method of Tire Bead Sealing. Don’t try this at home! (This method can leave un-burned explosive gasses inside your tire, not to mention remove your eyebrows in a flash, even if you try to be careful!)

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From Cheryl (aka The Economatrix) Guns: A Better Buy Than Stock

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Writing in The Washington Times, Ollie North asks: Who are dangerous ‘extremists’? (Thanks to KAF for the link.)

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Our Editor at Large Michael Z. Williamson sent us links to two pieces from the US Department of Agriculture (USDA) on expected wheat prices: Wheat prices to rise–bad crops in US, China, India, and Consequences of Higher Input Costs and Wheat Prices for U.S. Wheat Producers. Stock up!





Notes from JWR:

If you have any favorite quotes that relate to survival, preparedness, faith, patriotism, Constitutional rights, or perhaps something on economics, then please e-mail it to me, and I’ll likely post them as Quotes of the Day. Thanks!

The high bid in the SurvivalBlog Benefit Auction. is now at $650. This auction is for a large mixed lot, which includes:

1.) A Three-Color Desert Camo Interceptor OTV (Outer Tactical Vest) size XL only, and a spare Woodland camouflage outer shell, kindly donated by BulletProofME.com. These items have a combined retail value of $960!

2.) A vehicle detection system, which includes: one MURS Alert Probe Sensor (MAPS) with 50 foot probe cable and one MURS Alert Hand Held (M538-HT) transceiver. The MAPS unit’s probe can be covertly installed under the surface of a driveway or road to detect vehicular traffic and a voice alert is sent to the hand held transceiver when a detection occurs. Donated by MURS Radio. Retails for $303

3.) Two cases of Yoder’s Canned Bacon, courtesy of CampingSurvival.com. (12 cans per case.) A $276 retail value.

4.) A NukAlert compact radiation detector donated by at KI4U.com (a $160 retail value). 

5.) Three Garden Security Collections, and two Garden Bean Collections, donated by SeedForSecurity.com. With included free shipping to any US postal address, this is a $100+ retail value.

6.) Two America Stone knife sharpeners (with belt pouches), donated by the manufacturer. (A $60 retail value.)

Thus, this auction has a combined value in excess of $1,800. This auction ends on May15th. Please e-mail us your bid. Your bid will be for the entire mixed lot.



Letter Re: Tidal Waves of Urban Refugees

Jim,
I was stationed on the DMZ in Korea with the 2nd Infantry Division. One of the big concerns the US army has is all of the millions of refugees that will be on the roads going south, if the North Koreans were to invade. We would be moving heavy equipment, and needing to move it fast, and the roads would be very congested. The US and the ROK army now have an agreement, that the ROK army would be responsible for clearing the roads, and believe me, they will. The US does not want to be responsible because, without a doubt, many refugees would literally be cleared off the roads with heavy equipment.

If anyone thinks it will be a pleasant Sunday afternoon drive to get out of the cities in a crisis, think again. There would be mass chaos, killings, hunger, loss of infrastructure.

I love your writings, My son (a teenager) does, too. He read your novel and loved it. God Bless. – DC



Letter Re: Why Survivalists Should Buy Local Organic Food

Mr. Rawles–please accept my apologies for replying so delinquently. I just found your “blog” and have to say it is quite good. Thanks for all your work.

Though I will admit to being an organic gardener for 20 odd years now I would like to reply to a few things L.D.M. said against organic gardening and in “praise” of commercial/chemical agriculture. My reply is from a “survivalist” perspective.

First..yes, American[-origin] natural gas is the basis for fertilizer not Middle Eastern oil. However…in a catastrophe of any type when you can’t get food how exactly are you planning on getting Inorganic fertilizers and bug sprays to continue to grow what you need to eat? If your soil is not built up with organic matter (humus) you are and will be completely dependent on having that “stuff”. Disregarding my aversion to poisons. Chemical agriculture used by a survivalist is like assuming you can buy cartridges in a store after everything goes down hill. Just not possible, and leaves you in a very poor position to actually survive.

Secondly, I would have thought that survivalist would be as updated on how Monsanto, chemical companies and the Bill Gates foundation spend millions (and millions) of dollars each year trying to convince people and countries that chemical fertilizers, bug poisons, and GMO products work. GMOs (as one example) which in turn require extensive inorganic fertilizers and chemical bug sprays, have many “lone wilderness voices” declaring they do not work—however they are drowned out by the advertising dollars spent by these large companies who try and encourage those who do not fully comprehend the problems to believe in or to buy their products again or instead of their open pollinated/organic seeds and supplies. It sounds like L.D.M. has bought their lies lock stock and barrel.

There are many farmers and farming organizations now coming out telling the stories of how organic is actually giving them a better yield for less work too. But of course they aren’t heard as much because as individuals they can’t compete with Bill Gates ability to yell louder. Yes, they have to be able to spend about three years to improve their soil but each one that does says it is worth it and finds that he/she is able to produce as well or more —especially under adverse weather conditions compared to plants and soil dependent on chemicals. That is because soil microbes and structure are destroyed by chemical over use leaving the plants like addicts and unable to grow healthy and well without their “fix”.

Lastly…commercial farming is a scam. I have to admit I was surprised to see that he felt it wasn’t [a scam]. To believe otherwise is silly. The only reason that most commercial farming works is because of large government subsidies—in the U.S and foreign countries. Also…they are allowed to get away with things we as individuals would have government knocking on our door and suing us over: polluted rivers/lakes and streams, feces left in huge open pits (better to use it to make power through methane digestion), animals that are sickly are sent through without thought as to whether they carry disease transferable to humans (through various vectors/paths) which makes our food supply suspect, in my opinion. It doesn’t take much to read up on some of these things to realize that we, as individuals, don’t actually get to buy cheap corn when we go to the store. We subsidize cheap corn —it cost us much more than we realize. Unless your not paying taxes of course. Otherwise you are supporting the commercial farms and not a local person who you can develop a relationship with and who may someday help you out.

So, to sum up my points. I do raise my own meat, milk and veggies and I know how to do it without spending a dime on anyone’s products. Yes, I do occasionally buy some organic soil amendments to resupply my soil—personal choice though and I don’t absolutely need them. This is mostly because my property was badly cared for by the previous owner. As each year passes I buy less and less amendments as my soil improves through the common sense care I give it—just as nature meant for it to be. Some of my property has never had any amendments accept lime and managed intensive grazing of livestock and looks 100 times better than when I first purchased it (check out stockman grassfarmer—every survivalist should understand how to raise quality livestock with grass
only because not every crummy situation may be unacceptable to raising livestock).

If the SHTF, I can keep on growing better and better, with guaranteed vitamin and mineral content, each year because I know how to do it, without being reliant on any companies claims or inputs. Even without manure from my livestock. No reliance on others products—isn’t that self sufficiency? And isn’t that what this is all about? – Monica D.



Economics and Investing:

D.S. flagged this:Why There will be no other Bubble to Save us from this 40 Year Financial Bubble: From Manufacturing, Technology, and Financial Services. Real Estate Bubble. Drop in Corporate Tax Receipts

D.S. also recommended an Op-Ed piece by Paul Krugman in The New York Times: Green Shoots and Glimmers

Kern County, California unemployment jumps to 15.9 percent. (Thanks to JWP for the link.)

Krys in Idaho sent us this article. US regulators close American Sterling Bank. Krys’s comment: “In case anyone’s counting, that’s an average of almost 1.5 banks closed every week so far this year. It is only April, yet we’ve already almost reached 2008’s tally of 25 bank closures for the year.” And reader Sparkey mentioned: “…you may note that it is headquartered in Elko, {Nevada] the center of the gold mining industry. The fact that the local economy is booming did not keep this bank afloat.”

Items from The Economatrix:

The American Mood: is the Angst Over the Economy Bottoming Out?

The International Monetary System Breakdown Underway

Citigroup Beats Forecasts as Sales Rise 99% “Today’s positive headline figure, however, strips out losses on bad debts and the huge costs of paying dividends to preferred shareholders. With these numbers included, the bank [had] a $966 million loss.” [Emphasis added.]

IMF Predicts Long, Deep Global Recession JWR’s comment: IMHO, “Long, Deep and Global” would be better characterized as a depression, not a recession

Sony Ericsson, Toshiba to Cut Nearly 6,000 Jobs


Obamarket Update #60, 61 & 62: You want me to eat what?
“The full court propaganda press has the Dow back up over 8,100 today but as you shall see, this is on very shaky ground going into options expiration and our lives, our future is akin to riding a pogo stick in a minefield; we’re one bounce away from ‘KABLOOEY’ but the spinmeisters insist that they have found a clear path through the troubles (of course they did, they took a helicopter at tax payer expense).”



Odds ‘n Sods:

Warning: Don’t exhale, folks! The new and improved Obama-era EPA has declared carbon dioxide a “greenhouse gas”. Next, I suppose they’ll declare dihydrogen monoxide “a powerful unregulated universal chemical solvent.”

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Reader KAF flagged this: A cure for [honeybee] colony collapse–New research has proposed both a concrete cause for bee colony collapse disorder, as well as a cure

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KAF also sent a link to the latest commentary by political pundit Victor Davis Hanson: President of the World–The globe is hearing a deeply pessimistic view of what America was and is.



Jim’s Quote of the Day:

"With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people." – Friedrich A. Hayek



Notes from JWR:

Wow! We are approaching eight million unique visits. Not bad for “an obscure niche blog.” Please keep spreading the word. Thanks!

Today we present another entry for Round 22 of the SurvivalBlog non-fiction writing contest. The contest prizes include:

First Prize: Two transferable Front Sight  “Gray” Four Day Training Course Certificates. This is an up to $4,000 value!
Second Prize: A three day course certificate from OnPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses.
Third Prize: A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing

Round 22 ends on May 31st, so get busy writing and e-mail us your entry. Remember that articles that relate practical “how to” skills for survival have an advantage in the judging.



Preparing Your Family for “Interesting” Times: A Covenantal Christian Perspective, by Jim B.

Discerning believers have sensed a decisive change coming for several years. If history truly repeats itself, we are heading into a season of judgment and serious difficulty which may last beyond our current generation. Whether judgment and difficulties are reflected in the current economic crisis, ongoing terrorist attacks, unrighteous leaders or a host of other combined circumstances, many believe we are on the threshold of very perilous times (II Timothy 3).

Our family ministry has done significant travel throughout the country over the past ten years, and we never fail to be in awe of the Great Shepherd’s faithfulness toward His people, regardless of denominational labels or minor doctrinal differences. As His people return to ancient paths, seeking truth rather than traditions of men, He speaks faithfully to His sheep, warning them of coming danger and teaching them to prepare. The same Almighty One who warned Joseph precisely how much grain to store, gave Noah dimensions for the ark, and walked through the fires of persecution with the three Hebrew children loves us passionately, instructs us clearly, and warns us faithfully of impending danger. As He is our perfect example of a prudent, loving Father, aren’t we also responsible to equip our own children for the days ahead?

This responsibility is not one that can be swept under the rug or ignored in ostrich-like fashion. Either our children will have strong spiritual foundations, proficient life skills, and Rock solid character, or they will perish in the days ahead. This is not a popular message. It is not being declared by most pulpits or keynote speakers. But ignoring the urgency will not lessen the need. It only wastes valuable time.

Many years ago, we revaluated the priorities in the education of our nine children. Our emphasis stopped being compliance with national test standards. We actually relocated to a state with few requirements and this allowed us to proceed with great liberty. If you find yourself jumping through extensive hoops of state oversight now, just wait a short while. I guarantee it will not improve in the future. Relocation is not the worst thing that can happen to your family. Ask the Father where He wants you to be. If He says stay, be content; if He says go, trust Him to make a way.
Upon relocation, we left behind our small scale experiments in urban homesteading and began a quest for rural self-sufficiency and a faith based on the simple truths of Scripture. This is an ongoing journey for us, with more to learn each day. Our adventures have helped us transition from two clueless young married city novices to a family team that includes nine children who are proficient in raising crops, building log homes, handling livestock, outdoorsmanship, ministry, and discerning truth from error. Over the years we refined our priorities into a form of education which will see our children, and hopefully many others, through whatever comes in their future.

Our primary priority in education is Spiritual Preparedness. This is foundational as we are told to “Seek first the Kingdom of God and His righteousness and all these things (our daily needs) will be added unto us.” The very first thing we do on a school day is to read and study Scripture. We are currently working through the writings of the Old Covenant prophets. We read a few chapters each day together, in addition to the personal reading and prayer we encourage each person to do in the morning and evening. One thing that has revolutionized our lives and doctrine has been the memorization of large passages and entire chapters of Scripture, rather than “memory verses”. The Word warns us of great apostasy and deception increasing in the last days; therefore we find it imperative to teach children not to isolate verses from their surrounding context. Verses are far too easily twisted and misapplied by dishonorable or biblically ignorant leaders and teachers. Even Peter warned of the tendency in his day to twist the words of Paul to justify lawlessness (II Peter 2, 3:14-17). Even the littlest child can be taught to memorize by adding a line per day, using rhythms, body motions, anything that makes it fresh for your children. And by all means, use real Bibles with children! The verbal rhythms and vocabulary of a KJV are not as hard for children to master as you might think. As they become older, continue memorization and add word studies from the Hebrew and Greek. Help them study and understand the Hebrew culture which places Scripture in its context. The important thing is that His Word must be hidden in their hearts to discern truth from error, right from wrong, and life from death. Our children must possess spiritual weapons which are sharp and well practiced to avoid the abundance of deception and confusion they will no doubt meet in the future.

The next priority under Spiritual Preparedness would be thorough instruction in the doctrine followed by the apostles and the earliest believer in our Savior (Acts 2:42). It has become increasingly clear to us that the roots of our faith are not in Rome, Geneva, Tulsa, Azusa Street, Lancaster County, or Brownsville. The roots of the faith go back to Jerusalem, and the Hebrew foundations of the earliest believers, prior to the hybridization which occurred after Constantine. We want our children to value and esteem truth above traditions of men or sensational experiences (even “signs and wonders”) which may directly conflict with Scripture; one of the warnings we have is that in the “last days” doctrines of demons will be rampant and even the elect will be vulnerable to deception. If our children are to be firmly grounded in truth, we must stop clinging to the words of man as if they were Scripture. Calvin was a man, Luther was a man, Menno Simons was a man, and Wesley was a man.

It is healthy for children to be familiar with the stories of heroes of the faith and movements in church history. It is sad that we have applied so much attention to the lives of the “Founding Fathers”, while neglecting to familiarize our children with Tyndale, Jan Hus, the Waldensians and others who surround us as “the great cloud of witnesses”. Preparedness for suffering for the sake of the Gospel comes from seeing our Father’s faithfulness and abundant grace toward those who have suffered before us. World history and geography come together when viewed through biographies of great men and women of the faith. However, while great men of the faith can challenge us and encourage us by their example, our doctrine must be firmly founded on the whole Word of YHWH, Genesis through Revelation, nothing added, nothing taken away.

Our second priority area in preparing our children for perilous times is mental/character preparedness. This can only be a building block laid securely on the solid foundation of spiritual preparedness. Developing attitudes conducive to sacrifice, rather than “survival of the fittest” is in direct opposition to the tendency of the flesh. A child who will not yield his favorite toy to his little sister will not share half of his last piece of bread when he is truly hungry and she cries for his mercy. These are not small issues of childishness to be ignored. Our children must be confronted with the ugly selfishness of their flesh, be led to full repentance, and taught to respond automatically with actions consistent with Kingdom living. In perilous times the ungodly and the superficially religious lose all courtesy and true believers become a candle in the darkness. Our children must understand that our provision is not dependent on selfishness, but the One who gave manna in the wilderness.

In addition to building relationship with the Almighty who provides manna, multiplies loaves and fishes, and turns water into wine, our children must cultivate an attitude of sober-mindedness, control of the tongue, and the ability to work cheerfully. Joking, impulsive speech, gossip, laziness, and quick over-familiarity are fleshly tendencies which may prove to be hazardous in the coming days if not kept in check. Healthy humor is part of the nature of our Creator, but He has no tolerance for mischief and foolishness and neither should we.

With the great increase in physical labor our children will likely face shortly, it is to our benefit and theirs’ to spend a significant portion of six work days in physically productive labor. However, without the ability to work cheerfully, maintaining a steady attitude of joy and peace even under great pressure, your home will become a breeding ground for resentment, rebellion, and outright resistance. Children can either be positively included in our work, or driven to exhaustion by manual drudgery. It’s all a matter of attitude, ours’ first, then theirs’. If we see ongoing financial hardship or disruption of services due to a change in the availability of fuel, our children will be needed to work alongside of us, rather than spending a great deal of time on recreational reading, running around to events, and other more self-oriented activities.

They will need to make fun out of real life accomplishments, rather than escaping to fiction on the screen or between pages. This is a good habit to instill now. Our children should be exposed to great and worthy books, given sparing time to appreciate the privilege of reading, and expected to serve others during the most productive hours of the day. By reading excellent literature, well written biographies, and doctrinal works the development of communication skills (writing, speech, etc.) will be a simple transition, rather than an artificial exercise in sentence diagramming. These communications skills will be of multiplied importance in the lives and futures of our children, as they will certainly be called upon to defend the faith as it was once delivered to the saints.

Children should be given thought provoking, open ended discussion questions, and then be challenged to defend their position from Scripture. They should not learn to simply parrot what we or any denomination teaches with out question. Their writing should become less like story-telling and more doctrinally apologetic, to prepare them to live in an increasingly antagonistic, openly pagan society. Surprisingly, most children of this generation have an inner sense that they will need these skills and disciplines; instead of becoming bored or overwhelmed, they rise beautifully to the challenge and shine as lights among their peers.

Our third and final emphasis in proactive preparedness education is upon life skills vs. storage of massive quantities of “stuff”. We certainly encourage all families to seek the Scriptures and His Voice of council in this matter. We have determined that skills are far more important than material storage, which can be lost to theft, impoundment (likely in a martial law scenario), or spoilage. One of the loud lessons we exhibit by massive storage is that problems are solved by throwing cash at them. It can be a false security, when not kept in practical balance. We can avoid the hard work of life changes and character improvement, by insulating ourselves from any imagined future discomfort. We are not against storage for a short term solution, but life skills such as finding food and water in wild places, making fishing equipment, gardening, or constructing shelters will be of far greater long term benefit and they cannot be taken away once learned.

Experience nature until it is a comfort zone. For special occasions, consider the gift of tools rather than toys. Equip the individual gift and interest of each child; take these interests seriously. Allow them to become very proficient until their skill is marketable, even in a barter economy. They may experience seasons in life where buying is not possible, but trading is.

This generation is the most likely to experience extreme hardship in our lifetime and has the fewest skills to successfully cope, thanks to our full acceptance of modernization and rejection of the simple agricultural and primitive life skills that served each generation prior to WWII. We have much catching up to do; our children need to be able to do simple things like start an outdoor fire and cook on it, navigate accurately on foot in wild places, and avoid evil people or deadly diseases. They have no time for paper plate puppet projects or baseball unit studies.

For the health care needs of your family, help your children become proficient in first aid procedures, natural and herbal remedies, and sound nutrition. Even if there are no major disastrous events in the lifetime of your children (which looks increasingly unlikely), the corruption of the current medical system is widespread and ominous. We have seen a “Christian” (denominational) hospital conduct workshops to teach medical professionals to “read auras, channel healing energies, and use shamanism” without the permission of their patients as part of treatment. This is occurring all around the world. Even the immunization issue is in most cases a controversial violation of Scriptural principles of separating the clean and unclean; there is no precedent in Scripture for purposeful contamination of our blood. It is time for our children to seek healing of their bodies by the Great Physician and learn how to practically use resources He has clearly given for comfort, disinfection, and promotion of health.
After learning “front-line” top priority emergency skills, secondary skills should become proficient. As in recent examples brought on by fuel price escalations, transportation and shipping are not issues to take lightly in a crisis. A failure in food supply transport can mean serious discomfort and even total chaos. With the increase of imported foods from countries with low environmental standards, antibiotic and hormone contamination of meat, and the rise in genetically modified “Frankenfoods”, it is prudent to decrease dependency upon the grocery store. Activities such as non-hybrid gardening, seed saving, hunting, livestock care, butchering should include children as they have been included throughout the history of mankind. These highly educational activities are far more practical than textbook science. Ten years ago, our then ten year old naturalist son learned anatomy by dissecting (butchering) a mammal specimen (deer). He checked out butchering and anatomy books from the library; following the “dissection’ of his second deer he was able to correctly identify most organs, muscles, bones, and types of joints. All the while, we laughed and talked of pioneer history, and the faithfulness of the Creator’s provision.

We have a limited and rare opportunity to focus on practical, significant, and intensely indispensable education for the sake of our children and our families’ survival. By fearlessly teaching these lessons to our children, we equip them to grasp their future as overcomers and Kingdom citizens. Nothing frightens a child more than uncertainty. By giving them tools to stand with us, we alleviate fear and give them hope for tomorrow. It’s high time we stop home schooling, with all its bells and whistles and game playing, and turn our focus toward home discipleship. This model is what we are commanded to accomplish in Deuteronomy 6, and will prepare our children to occupy until He comes. Our children’s physical and eternal lives depend on it. – Jim B.



Letter Re: Canadian Gun Shows–Behind The Power Curve

James,
Just sending this letter as a quick update to the situation with ammunition and “black guns” or defensive weapons in Canada. Contrary to what many people think, Canada does allow citizens to get licensed and own firearms of most types. Basically anything except full auto weapons unless you previously owned one years ago and were grandfathered after that particular portion of Nazi legislation was implemented.

This last weekend I was fortunate to attend Canada’s largest gun show in western Canada located in Cow Town, Calgary, Alberta. This gun show is nothing compared to the big shows across many of the US States (about 500 tables) however, none the less, it is an opportunity to meet with all the big vendors from across the country and pick up ammo and supplies with cash for OPSEC reasons, while you still can.

Its interesting to note that like the USA, supplies are rapidly drying up as far as defensive firearms, loaded ammo and reloading components but not yet reaching the levels of devastation as seen in the USA., yet. What we are seeing is this, because of the lag time with bureaucratic red tape processing of ammunition and firearms coming into Canada from the USA, there are a number of good-sized stockpiles of ammo and firearms that are still trickling through Canada Customs and into the local guns shops six months after the orders were placed which was about the time the supply runs began in the USA. I fear however that this will very soon no longer be the case due to the supply issues south of the border. For those in the know, we recognize that our window of opportunity to purchase such items is rapidly coming to a close. Massive supply runs have not yet begun, however supplies are drying up rapidly as preppers and those ahead of the ball are consuming the majority of the common calibers and associated reloading components.

Also very interesting: The vast majority of gun shop owners and vendors up here are completely asleep at the wheel where the supply issues are concerned. Many of them actually think that the delivery trucks will always be there to bring stock for their shelves. I’ve actually heard comments from such people as this “The government will not allow this to happen as it will hurt the firearms industry”. What have they been smoking? When I was at the show in Calgary this last weekend, it was rather humorous to approach many of the vendors who had the only significant quantities of the major calibers of ammo at this show (.45 ACP, .40 S&W , 9mm , .223, etc) and simply walk up to them, ask them how much for case lots of ammunition and then actually haggle with them and eventually purchase it at a much lower price than they were originally asking. If these folks knew that their supply was near complete extinction they wouldn’t even be selling it or would at least jack the price in accordance with the principles of supply and demand. But it was great for me, though. No complaints.

It was a good show where Canada was concerned, mainly because we mopped up what the golden horde was willing to trade for soon to be useless paper dollars (big laughs over that) and we were able to get the supplies that we know will soon be gone. We have reason to believe that the last of those cross-border ammunition imports might be done and over with and we will shortly see panic hit the regular gun crowd in Canada who will be left to fight over the odd box of shotgun slugs and pistol rounds at best.

Thanks for all you do. I hope this information is of interest to fellow Canadian SurvivalBlog readers. – Luke Duke



Economics and Investing:

Craig W. recommended this Don McAlvany address, in MP3 format: The Global State of Emergency Made Local

Reader G.G. sent this: Capital One sounds alert over surge in credit card loss rates

D.S. flagged this: A Thought for Tax Day: The Real Fiscal Crisis Is Yet to Come. The numbers cited are staggering!

Items from The Economatrix:

A “Copper Standard” For The World’s Currency? “China has woken up. The West is a black hole with all this money being printed. The Chinese are buying raw materials because it is a much better way to use their $1.9 trillion of reserves.” JWR’s comment: This is captivating but a true “standard” in copper is very unlikely, since copper is a base (non-precious) metal that can be mined in massive quantities on several continents. But this news does make me feel better about my recommendation to stock up on nickels (U.S. five cent pieces.) There is deflation now, but inflation coming, folks!

US Economy Goes Back to 1955 as Deflation Returns

US Housing Data Puts Obama’s Hopes On Hold “The fledgling recovery in the US housing market appears to have stalled, reducing the chance of President Barack Obama’s “glimmers of hope” turning into green shoots any time soon.”

US Walks Tightrope Over Bank Stress Tests The way the data is handled could spark a run on banks if done incorrectly.

White House Ties to Wall Street Doom Rescue

Low Inflation Likely to Last in Weak Economy

Recession’s Grip Tight On Jobs, Housing Market


March Housing Construction Drops 10.8%

Thrift Stores’ Business Booms Across US

Is Commercial Real Estate a Time Bomb?

Bankrupt Polaroid Draws $88.1 Million Top Bid from Patriarch



Odds ‘n Sods:

Layoffs begin at ammo plant. This article illustrates the inherent boneheaded stupidity of central planning. This decision was made four years ago.But now, with both civilian and military demand for ammunition soaring, they are closing a plant. (A tip of the hat to Florida Guy, for the link.)

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California: High-Capacity Magazines in the Crosshairs! Senate Bill 776, sponsored by Democrat State Senator Loni Hancock, has been introduced in Sacramento. “The bill has been assigned to the Senate Public Safety Committee and could be heard on Tuesday, April 21 or Tuesday, April 28. Simply put, SB776 would mandate the registration of all magazines capable of holding more than ten rounds of ammunition. The possession of unregistered magazines would be a crime and punishable up to a year in prison. It is critical that California gun owners voice their opposition to SB776.” Apparently, the existing law (that prohibited Californians from acquiring 11+ round magazines after December 31, 1999.) What do you want to be that the California legislature is going to mandate a 2-inch long bar-coded sticker on each magazine or “feeding device”, and a fee to register each item?. And, BTW, don’t bother trying to explain disintegrating link ammunition belts to these pointed-headed no-nothing do-gooders. (Yes, in California, a belt assembled from more that 10 links is considered a “high capacity feeding device.”)

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Jay Sekulow speaks out about pro-life groups being whitewashed as extremists and and potential terrorists in the leaked DHS report:: “Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment“. That report, that I flagged as gray propaganda, back on April 13th, also tarnished the image of Constitutionalists, gun owners, and returning war veterans.

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Here is the latest publishing news on my novel “Patriots: A Novel of Survival in the Coming Collapse”: Amazon com currently has 13,000 copies on order, to keep up with demand. Meanwhile, Barnes & Noble is ordering another 10,000 copies to be ready for a special “front of the store table” promotion, around Father’s Day. By April 28th–only three weeks after formal release–there will be 40,000 copies of the Ulysses Press edition in print! (The most recent print order was for another 20,000 copies.) And lastly, it looks like a major New York publishing firm will soon be inking a deal for two sequel novels. Many thanks to everyone for making “Patriots” such a huge success!



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 that they are each worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now, we are no longer pet owners, but Icelandic banks with a billion dollars in new assets. They created fake capital by trading assets amongst themselves at inflated values.” Doesn’t that sound like the rest of the world’s financial geniuses?” – Don Stott of Colorado Gold, posted in the Whiskey and Gunpowder e-newsletter