Economics and Investing:

HPD sent this: Citi, Morgan Stanley look to sidestep bonus caps: report. (Your tax dollars at work.)

HPD also sent: Paul O’Neill: Banks must show U.S. the money

Laura H. mentioned: this WorldNetDaily piece: Montana considers return to gold, silver dollars, Proposed bill slams Fed, allows payments in precious metals

Items from The Economatrix:

Investors Restart Wall Street Rally

GM CEO Says Bankruptcy Would Force Liquidation

Congress Looking at Huge Taxes on AIG Bonuses

Housing Starts Surge, Wholesale Prices Edge Up

Completed Foreclosures Hit New High in February

Corporate Meltdown Leaves Renters in Limbo

US Mint Suspends More Production of Gold and Silver Coins

The FDIC: as Rock Solid as Social Security (Ha!) “The most interesting part of my conversation with the FDIC came when I heard confirmation of my worst fear about where the assets held in the insurance fund are kept: the vast majority of the Deposit Fund’s assets are held in U.S. Treasuries.”

Treasurys are “A Disaster Waiting to Happen”

Dollar Crisis in the Making (Pt. 2): The Not-So-Safe-Haven

Worry Grows Over Insurers as Ratings Slip

Going Great Guns: Handguns and Semiautomatic Sales Increase



Odds ‘n Sods:

 Last year, I featured a link to the captivating website of a retiree that had custom-built a horse-drawn “RV”. I just heard that he had an unfortunate accident. Prayers, please.

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From Cheryl: Many People are Raising Their Own Food to Save

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Our friend Bob in Tennessee mentioned a piece at the WRSA site, titled: Peggy Noonan Goes Doomer. The article references this article in The Wall Street Journal: There’s No Pill for This Kind of Depression

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Skip flagged this: Gun Advocates Ready for Battle on Federal Assault Weapons Ban



Jim’s Quote of the Day:

"Morals—all correct moral rules—derive from the instinct to survive; moral behavior is survival behavior above the individual level…. Man is what he is, a wild animal with the will to survive, and (so far) the ability, against all competition. Unless one accepts that, anything one says about morals, war, politics—you name it—is nonsense. Correct morals arise from knowing what Man is—not what do-gooders and well-meaning old Aunt Nellies would like him to be." – Robert A Heinlein, Starship Troopers 1959



Note from JWR:

Today we present another entry for Round 21 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 21 ends on March 31st, so get busy writing and e-mail us your entry. Remember that articles that relate practical “how to” skills for survival will have an advantage in the judging.



Cold and Dark–An Account of an Ice Storm, by Steve S.

Preparations
In January, 2008, the outlook for people in the United States appeared bleak. I told my wife that we needed to stock-up on food because I felt that the supply lines were thin and vulnerable. I began my preparations by Internet search. I found JWR’s SurvivalBlog and I bought a copy of his novel. In the meantime, I started buying cases of canned goods. I bought food that we generally ate. I looked at the expiration dates of every purchase. I tried to buy what would last through 2011. Not much would, so I bought with the idea of buying more later, looking for one year at a time.

The pantry was full. I had read Jim’s book, and had found many links on the SurvivalBlog that helped me know how much of what to buy to be balanced. I bought a freezer at Sam’s Club and filled that also. I noticed that food prices were increasing at an alarming rate in August. They were up 18% on same item purchases, on average. Later that figure would reach 35%. I only talked about this to a trusted few. My wife was starting to wonder about me.

Soon thereafter, a Harbor Freight store opened in Jonesboro, Arkansas, my home base. There, I purchased several more items I saw as essential. I got a two burner propane stove with a center grill feature. I bought some LED flashlights, ropes, staple guns, and other miscellaneous items. Being a hunter and former U.S. Army officer, I had a lot of camping (survival equipment) on hand. Sleeping bags were there, polypropylene long johns, butane lighters, three 20 gallon and one 100 gallon propane tanks were filled. I use them for my barbeque grill. I told my wife that we should buy a generator. She said that if I thought we should buy it, that I should. I didn’t.

I found some water barrels at a local food processing plant. I now have eight 55 gallon drums. I found 4 red 35 gallon chemical barrels that were set aside for gasoline. I had about six 5 gallon gas cans to operate my 4 wheeler, fishing boat, and sundry other small engines like lawn equipment and field water pumps.

Day to day, I am an NRA certified training counselor/instructor. Starting in November 2008, my business started to boom. I had a 300% increase in Arkansas concealed carry classes. That hasn’t stopped to this day. I have a 35 acre facility that is a former bean field, surrounded by thousands of farmland acres and two liquor stores. I have a 1,200 square foot building for classroom and office space, a 52 foot trailer for storage. My plan for survival guns was simple. All guns were to be military calibers. Handguns would be .45 and .38 calibers. Rifles would be .22 rimfire, 7.62×39, .308 and .30-06 calibers. Shotguns would be 12 gauge. Stocks of ammunition were increased starting early in 2008.

Shelter, food, security. What is left? Communications. I bought a set of 25 mile range pair of Motorola hand held communicators with recharger on sale for $38. Stores of batteries were laid in. Cell phones. Transportation was what we already had. 2001 Dodge Durango 4×4 and a 2005 Chevrolet 4×4 extended cab pick-up.

The Storm

January 28, 2009. KAIT –TV weather in Jonesboro, Arkansas is forecasting a wet winter storm cold front with frigid weather following out of the Northwest. When it began, the outside temperature was about 27 degrees Fahrenheit. Freezing rain collected on everything in near biblical quantity.

I was awakened in the early morning of January 29th and you could hear branches starting to snap with a sound like gunshots. Outside, you could see flashes of light as one by one, the transformers on the light poles blew out. The power was off. It was time to go to work. First, open the flue and light the gas logs in the fireplace. Inside the house, the temperature had quickly fallen to about 40 degrees. I thought to crack a window for ventilation draft to reduce the chances of carbon monoxide poisoning. Then I set up a propane heater and went about blocking off all rooms except the den and kitchen, which were adjoining. I used 4 mil plastic to cover two entrances to the den. The temperature quickly found about 62 degrees. We placed a carbon monoxide detector in the room to keep us from being statistics. The propane stove was set up over the electric range for cooking and a 20 pound bottle of propane was connected to it. I started thinking about how I should have bought a generator.

By morning, we felt isolated in our home. Very few vehicles were moving. The world outside looked like a war zone with ice-laden limbs and the things they crushed. With no electricity, the phones didn’t work. We ate breakfast normally. The whole world became our refrigerator. No cable TV so we cranked up the radio and began to listen to the results. Reports of some break-ins started coming in as people abandoned all electric homes for the designated shelters in town. Outlying areas quickly ran out of gasoline and propane. Stores emptied out their goods and shelves became bare. Generators and flashlights were nonexistent. Batteries and power supplies followed suit. Many businesses were unable to sell anything as their computers were down and lights and heat were out. Sadly, no one has a backup plan for how to sell anything without electricity. Gas cans were a faint memory. I checked on our neighbors to make sure they were coping, and to exchange cell phone numbers. The telephone system actually works without outside electricity if the type of phone you use doesn’t need 110 volts from the grid. We had one emergency phone for that reason, and it was operational. I wondered how many people knew about that?

The day passed relatively uneventfully. We had everything we needed to exist in a minor disaster. Some people didn’t. A few died for their lack of preparedness.
After the passing of the first day of “survival,” tree limb removal became the priority, while everyone fought what southerners call severe cold. It was the 30th of January. The temperature was unrelenting with nighttime lows of 9 degrees and daytime highs of 20. I was able to venture out for things that would be nice to have, like a generator. You see, with a generator, our gas furnace would work. All you need it for is the electric blower. It was the only hole in the preparations. I went in to the local Lowe’s, after checking a couple of other stores. In the back of the store there was a line of about 13 people. I asked why they were there. There was a truck inbound with 75 generators. I got in line. Twenty minutes later I was in the electric department buying the necessary wire nuts and power cords needed to hook my [newly-purchased] generator to the power panel in my house.

When I got home, the first thing I did was to disconnect the house from the grid by turning off the main breaker, outside the house. You must do this before attempting to connect a generator to your power panel. Failure to do so could kill workmen repairing downed power lines and connecting transformers. To get things operational quickly, I used the cord provided with the generator, which used four grounded plug outlets. To operate the [selected] areas to connect, I bought 10 gauge wire. We turned off all appliances and I pulled out the circuit breaker for the selected rooms. I disconnected the wire from the circuit breaker and wired it directly to each wire with a male plug on the other end to mate with the wire from the generator. I did this for the heater circuit, the den wall circuit, the kitchen wall circuit, and the master bedroom wall circuit. The heater kicked on.

I offer one final note about using a generator. The operation book has a chart in it showing the watts used by each type of appliance. You must calculate the [load] amount used by your appliances. It has to add up to less than your generators running wattage rating.

We were on a main highway in town, and we had our electricity hooked to the grid after spending only a few nights without. Many in town were without electricity for three weeks. In outlying areas, some are still not connected. The line crews working to restore power were fantastic. Limbs still line the highways and yards a month after the event began.

Lessons Learned
It was nice to be confident in the preparations that we had made. It was also easy to see the holes in the plan. I now have the generator that I knew I would need when the grid goes down. After the fact, I also bought the connections necessary to hook up the generator just by turning off the main breaker, plugging the generator to an installed wall socket, and cranking it up. Cell phones go down after only a few days without a charge. I bought a portable power battery for that purpose. If we had been out of power long term, the generator would have had to have been used on a part time basis, at night. That means that daytime operations would have been using only one or two rooms, again. When power goes down, the best fallback is natural gas, if you have it. I am in the process of planning where to install additional natural gas stubs for appliances that can be added. The natural gas hot water heater was a blessing. It was on from the start. The warmest place in the house was the utility room where the water heater is located. Remember to have books and games for those evening hours when you would have been watching television. Make sure all of your gasoline cans stay filled and stabilized. Make sure all of your propane bottles stay charged. Make sure you have plenty of batteries for radios and flashlights. Make sure you have enough essential medicines. Roger’s Rangers rules #1 rule is “Don’t fergit nuthin!”

I may have missed a few issues, but I want to talk about future plans. I am going to install photovoltaic panels to run an emergency LED lighting system. This would be a small solar panel, probably 45-60 watts [and a deep cycle battery], as a precursor to getting a more comprehensive system. LED lights use very little electricity and they are very long lasting. More technology will be added as it becomes available. Reducing reliance on the grid is the ultimate goal.

Final Words
You can war game and “what if” emergency situations as much as you like. It is good to exercise your plan. The problem is that real situations have a way of waking you up to the holes in your plans. Do not wait to begin planning for the next disaster. People in tornado and earthquake zones know about being ready for these things, but Mother Nature will have a surprise for you no matter where you are. Prepare for the worst and pray to God that it doesn’t happen.



Letter Re: Private Gated Communities May Not be Gated After All

Hi Jim,
Due to the real estate slump and the poor economy, my wife and I are trying to unravel our mess of real estate investments. One thing we did, was to abandoned our McMansion in a rural area near Seattle, Washington. It was a new four thousand square foot custom home in a gated community. All the other houses were as large and some significantly larger. We had abandoned the house about a year ago after failing to sell it for what we owed, and have not made any house payments since then. We also chose not to pay the home owners association dues which is there to maintain the landscaping and the automatic gates.

Last week we received a letter from the gate maintenance company. they repair and service the gates. They sent a contract to each of the houses behind our particular gate requesting us to pay them month service fees in order to have the gates that were owned by the neighborhood to be operational.

Apparently, the association had several people not pay the yearly fees and they have decided to keep the landscaping maintained, but not the gates.

My point is that these are a very false sense of security. I know for fact that if power is lost, the gates automatically open. and the power can be turned off usually by an unlocked power panel behind some bush nearby the gate. I thought this was interesting and wondered if any other people had this same experience. – Brad S.



Letter: Full Capacity Magazine Price Inflation and Scarcity

Greetings –
Just wanted to say “thank you” for suggesting the PTR-91 as a battle rifle option. I will freely admit to getting caught up in the AR-15 hysteria but I have come to my senses and saved money thanks to SurvivalBlog.

German surplus G3 alloy military surplus magazines in good to excellent condition are easily available in quantity for $3-to-$4 each. Contrast that with AR-15 mags at $15+ each, and that’s a 5:1 ratio. Or, for the same $90 folks are paying for a single AR-10 mag, they can get more than 25 surplus G3 mags, shipped! In addition, while AR-15s are nearly impossible to find at $1,000 or less, I am finding PTR-91s on the shelf for $1,100 just waiting to be bought. Yes, 7.62mm NATO is more expensive than 5.56 NATO, and the G3 mags are only 20-rounders, but all in all I can’t think of a better, low total ownership cost battle rifle than the PTR-91. – JT in Michigan



Economics and Investing:

Shrike sent this: The Size of Derivatives Bubble = $190,000 Per Person on Planet. Shrike’s comments: “Jim, you were uncomfortably prophetic in your September, 2006 article, predicting that derivatives would be a major problem. Until your article, I’d never even heard of the term, at least in terms of financing and markets. Not surprisingly, we still hear very little from mainstream media about them.”

Reader “Parsley” mentioned an London Telegraph article that does not bode well: IMF poised to print billions of dollars in ‘global quantitative easing’. Consumer price inflation on a grand scale is a likely result Get out of paper currencies, and into practical tangibles, soon!

Items from The Economatrix:

Wall Street Moves Higher, Building on Four-Day Rally

Oil Drops 5% after OPEC Votes to Maintain Levels

Turmoil Pierces Heart of Global Economy

UK: Air Passenger Numbers Drop for First Time in 17 Years

Switzerland’s Biggest Bank, UBS, Cutting 5,000 Management Jobs

Staggering Deficits in an Inflationary Economy

Ukraine and Latvia Warn of Disaster if Not Helped

Jim Cramer’s Full Explanation of Stock Market Manipulation

US Faces New Depression Misery as Financial Crisis Worsens

Extraordinary Stress in the Silver Market

27 Visualizations and Infographics to Understand The Financial Crisis

Bar-Mat Horrors (The Mogambo Guru)

BofE Warns Banking Tensions at Fever Pitch “Tensions in the financial system are approaching the fever pitch they reached before the collapse of Lehman Brothers last October, the Bank of England has warned.”

Britain Showing Signs of Heading Toward 1930s-Style Depression



Odds ‘n Sods:

I had this piece from Cheryl slated for the Economics section, but I decided to move it down to Odds ‘n Sods since it is related to practical preparedness: Dollars From Dirt: Economy Spurs Home Garden Boom

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From Paul in Kentucky: World Demand for Safe Drinking Water is Rising, U.N. Warns

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The Los Angeles Times profiles Neil Strauss, the author of a new book on preparedness: What’s new now: He’s ready for emergencies.

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Several readers forwarded me the link to this article on the erosion of free speech



Jim’s Quote of the Day:

“Pangloss is admired, and Cassandra is despised and ignored. But as the Trojans were to learn to their sorrow, Cassandra was right, and had she been heeded, the toil of appropriate preparation for the coming adversity would have been insignificant measured against the devastation that followed a brief season of blissful and ignorant optimism.” – Ernest Partridge: Perilous Optimism



Notes from JWR:

In addition to books and DVDs, we now sell a wide variety of preparedness gear through Amazon.com. But please patronize our paying advertisers first. If they don’t have what you are looking for, you can order using the links at our Amazon Preparedness Gear Page. By using the provided links, you’ll help support SurvivalBlog, with sales commissions. Thanks!

Congrats to K.B., the high bidder in our most recent benefit auction.

Today we are beginning a new auction. This one is for another large mixed lot that includes

1.) A “be ready to barter” box of 26 full-capacity firearms magazines, from my personal collection in JASBORR. This box includes: 4 – Brand new “smoke gray” polymer original Bulgarian 40 rd. AK-47 magazines, 10 – brand new AR-15/M16 USGI black Teflon coated alloy 30 round magazines with stainless steel springs and the latest orange anti-tilt followers, 6 – new condition original USGI M14/M1A 20 round parkerized steel magazines, from CMI (the current military prime contractor) 6 – new condition original Glock Model 20 (10mm) 15 round pistol magazines–the latest production type with “SF” front magazine catch notch . All of these magazines are of recent manufacture (and hence are NOT legal to possess in New York.) These magazines have a combined value of approximately $750, in today’s market. Note: If you live in a state where full capacity magazines are banned, then you must choose to: refrain from bidding, or designate a recipient in an unrestricted state, or re-donate the magazines for a subsequent auction.

2.) A large Bury ‘Em Tube (# 6L, 43″ x 6″ with a 5.1 gallon capacity), donated by Safecastle. (a $199.95 retail value)

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

5.) An OPTIMUS Terra Cookset for backpacking, tent camping or even WTSHTF, donated by Safecastle. It includes the ultra-compact Crux stove, plus a special small cookset–all very portable and lightweight. (Fuel canister not included.) (a $95 retail value)

6.) A fresh, sealed case of full mil-spec MRE rations with ration heaters, courtesy of CampingSurvival.com. (a $94.95 value)

Thus, this auction has a combined value in excess of $1,300. This auction ends on April 15th. Please e-mail us your bid. Your bid will be for the entire mixed lot.



Letter Re: Wealth Destruction–Real Wealth or Just On-Paper Wealth?

Sir:
I followed the link in Thursday’s blog to this I followed this news story: 45 percent of world’s wealth destroyed: Blackstone CEO. It stated: “Between 40 and 45 percent of the world’s wealth has been destroyed in little less than a year and a half.” I don’t see how Schwarzman can be right about that. The factories are still there. the farms are still there. The houses are still there. And there are still warehouses full of everything from Machinery and bar stock to Sponge Bob Squarepants toys.So what has been destroyed are just “on paper” profits, not any real wealth. Please correct me if I’m wrong, but what is to stop us from just revaluating things, and getting along with life? Thanks, – F.T.G

JWR Replies: You are mostly right, but partly wrong. You are correct that there has been very little real tangible wealth that has been destroyed, other than inventory that might be discarded for lack of a market, some half-finished commercial and residential building projects that will eventually get bulldozed, and some perishables that have been delayed in transit and that went to waste. You are also correct that most of what still exists tangibly has genuine value. But consider that an under-utilized factory produces fewer goods than a fully-utilized factory. (OBTW, on that note, we can thank President Obama for at least keeping America’s gun, ammunition, and magazine factories working at a fever pitch.)

So let’s step back and look at the big picture…

What has been destroyed:

1.) Asset Values:
This goes without saying. Reader FTG is correct that facilities and capital equipment are physically intact, but their values have been greatly reduced. I expect to see this process continue for several more years.

2.) Wages and Buying Power:
By cutting out overtime, reducing shifts, idling assembly lines, canceling re-stocking orders, reducing pensions, scaling-back benefits, and laying off employees, there has been a great contraction in wage-earning income and hence buying power–even to the point where people are having trouble making their mortgage payments. This leads to a chain collision of missed house payments, foreclosures, and evictions. Worse yet, it means even more houses will be dumped onto a market that is already flooded with “excess inventory.”

3.) Credit, and the Perception of Credit-Worthiness:
As I’ve described before, the economy is presently in a phase characterized by revaluation–as the various market sectors probe for new market prices.(Economists call this “Price Discovery.”) Simultaneously, lenders are are positively petrified to lend to their heretofore “credit worthy” clients. There has been so much debt re-packaging that has gone on, that it is now very difficult to reliably assess any accurate values of assets and to evaluate loan risk

4.) Consumer Confidence
Much of the consumerism that built up in the US for the past 30 years was a Spendthrift mentality, created by the bygone oceans of “Easy Credit”. Both that credit and the resultant spending are now gone. And I do mean gone. In previous recessions, there had been brief declines in consumerism, but I can foresee that this one one will be different. This will be more like the 1930s, where the nation developed an entire generation of penny-pinchers. Don’t get me wrong–I consider this a good thing! Saving is admirable. Overspending is foolish. But from the standpoint of economic recovery, this could delay recovery by several year, since a large portion of the economy had built up around the concept of women with 25 pairs of shoes, and men with three sets of golf clubs

5.) For Many, the Hope of Retirement at Age 65:
Millions of American that were nearing retirement have lost any hope of retiring. Aside for the holdings of a few crazy “gold bugs” (like SurvivalBlog readers), their IRAs and 401(k)s have been devastated. There are also some company pension plans that have gone “poof” or that will surely be scaled back considerably. I don’t want to gloat, but those of you that took my advice three years ago and sold their dollar-denominated investments and invested in tangibles have come through the credit market collapse virtually unscathed. Some of you even came out ahead. Meanwhile, those that left their money in stock-heavy 401(k) accounts have been devastated. Losses of 30% to 50% have been the norm. Ouch!

6.) Carefree Mobility:
Before the housing bubble burst, people could easily change jobs, sell their houses (at a profit!) and move from coast to coast without much inconvenience. But to do so now constitutes major trial and tribulation. Up to 40% of people with mortgaged homes now have negative equity–meaning that the remaining principal of their mortgage now exceeds the market value of their house. (This is commonly called being “upside down” in a mortgage.) So now, even for someone that can make their mortgage payments, changing jobs to a new locale beyond commute distance means losing their house and starting over. And if they go with the “jingle mail” method, it means starting over with a ruined credit rating.

7.) The Last Shreds of Job Security:
Following the trend set by Silicon Valley, when the “Dot.Com” bubble burst in 2000, many industries are now getting positively ruthless about cost-cutting. There is now a constant barrage of news of layoffs, reduced benefits, and cutting our perks. Don’t expect “normality” to resume to the corporate workplace in our generation. Any vestiges of “job security” have become a thing of the past.


What Will Likely Continue to Be Destroyed:

1.) Further erosion of asset values.
The price of real estate (both residential and commercial) will likely continue to decline until either A.) The economy starts to recover, or B.) Inflation kicks in. If it is the latter, (which is what I suspect, sooner or later), property prices will start to rise only because general price inflation has grown. But this will be a false recovery in real estate. Real property values will continue to decline, while the currency unit itself is being destroyed. Yes, your house may be worth a several million dollars, but what will a million dollars buy you in such times? The same may happen with stocks. In the presence of inflation, news of a “stock market rally” will be nothing but fiction if the currency. Amidst the “Happy Days are here again” hoopla, real values will still be in the dumpster.

2.) More job losses and further-reduced wage-earning hours

3.) More failed pension programs

4.) The dollar itself as a currency unit. This recent news article was a subtle warning: The Swiss central bank has already fired the first shot in the global currency war. I expect large devaluations–both formal and informal–by many nations in the near future. The bottom line is that the US Dollar is doomed.

What will Remain and Gain:

Tangibles, Tangibles, Tangibles! I’ve been harping on that theme in SurvivalBlog for three years. Again, those of you that took my advice are mostly sitting pretty. Silver and gold have doubled, as have ammunition and many full capacity magazines. Productive farm and ranch land has held most of its value, while at the same time suburban real estate has plummeted. If you have not yet transitioned out of dollar-denominated investments, then do so immediately. (The current stock rally is nothing but a sucker rally in the larger context of secular bear stock market So this is a good opportunity to bail out.)

The present-day wave of deflation will likely be followed by a period of sharp inflation. At some point, all those trillions of “magically created out of thin air” dollars that will needed for the Mother of All Bailouts (MOAB) will inevitably catch up with the Dollar. My closing warning: Be ready for some serious consumer price inflation, most likely starting in 2010.



Letter Re: A Technique for Crossing Barbed-Wire Fences

Mr. Rawles,
On foot crossing a barbed wire livestock fence that is stretched tight can be a problem. Stretching the fence with the hands makes a small space. Hanging gear and loose clothing seem to always find a barb to catch. The trick is to make a pair of fence stretcher/stabilizers. Any material can work but light weight metal is the best. The stretching sticks or bars only need to be strong enough to not bend in the middle while under tension. I recommend using two pieces of lightweight metal bar stock about 14 to 16 inches long. Notch each end. Place them between the wires to be opened. One in front of you and one in back [,about five feet apart.] You have a nice wide opening for you and anyone with you to navigate safely and quickly.
After crossing you remove them and place on or in a pack for re-use. No one can tell if you have crossed at that place.

If stealth is needed you can do the same on ground level by placing one end on the ground and the other on the lower wire.
You can then slide under the bottom wire and pull any gear through, remaining in the prone position.

Positioning of these is best accomplished wearing a pair of heavy leather gloves.

A stretcher bar is necessary on a six wire fence because the distance between the wires is considerably less than on a five wire fence.

Cordially, – JWC in Oklahoma