Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on investing in Rare Earths. (See the Tangibles section, near the end of this column.)
CPM Group: Precious Metals Outlook for 2017
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Top Four Platinum Stocks for 2017
Thursday’s headline: Dow drops 200 points, led by Cisco. By the time of the closing bell: The DJIA was down 1.2%, the S&P 500 dropped 1.5%, and the NASDAQ Composite Index fell 1.9%. Meanwhile, across the Atlantic, the Euro STOXX 50 declined 0.3%. Oh, and gold was up nearly 1%, to $1,288.50.
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DOT COM Bubble Do-Over?
“Political language… is designed to make lies sound truthful and murder respectable.” – George Orwell
While salmon fishing near the Klondike River in Canada’s Yukon Territory on August 17th, 1896, George Carmack reportedly spotted nuggets of gold in a creek bed. His lucky discovery sparked the last great gold rush in the American West. His two companions later agreed that Skookum, Jim–Carmack’s brother-in-law, actually made the discovery.
There are huge obstacles to President DJT’s Swamp Draining Attempt in Washington, DC. One of the biggest fights revolves around replacing the Affordable Care Act (ACA). This is commonly known as Obamacare. There seems to be a log jam in Congress. This was in part instigated by the left wing of the Republican Party. (That’s is the majority of Republicans in both the House and Senate.) So, despite their rhetoric, it seems like they don’t want to do away with socialized medicine. This is because the status quo concentrates both power and the flow of wealth through Washington, DC. For now, no real change seems capable of moving through the Swamp-Mired Congress. In this essay, I’ll be addressing making a change of our own. We can do so without waiting for Congressional action: Medical Cost Sharing.
How will this be resolved by the Congresscritters? Probably not anytime soon. Consequently, I expect to see health insurance premiums keep ratcheting upward. The “alternative plans” now being developed by the divided Congress probably won’t be much better than the current ACA. And what about the recently-touted “Obamacare Light” program? It doesn’t offer much hope of reduced costs for typical American families.
A friend recently acquired the capability to seal #10 cans. He’s bought a supply of new cans and is still playing around with the concept. He offered me the opportunity to do a few cans of my own. The concept has intrigued me. What would you pack in a #10 can if you could choose the contents?
My preliminary thoughts
My thoughts are a #10 can would be good for stuff that must stay one or more of these:
- Oxygen free
SurvivalBlog presents another edition of The Survivalist’s Odds ‘n Sods— a collection of news bits and pieces that are relevant to the modern survivalist and prepper from “HJL”. There is an interesting article on the failed state of South Sudan and lessons the KRI can learn today.
Reader H.L. sent in the link to an interesting video that shows the media is once again lying along with this commentary:
“Short video shows that for the most part, those who asked for and received permit to march (the so-called Alt-Right came armed to protect themselves) were walking and the Left leaning group consisting of Antifa/Black Lives Matter and others came with signs and heavy sticks prepared to cause trouble. The Left also had cans filled with cement and someone had tear gas. There is some narrative and pointing out that one needs sometimes to watch as many videos and angles of such marches to see the truth. Those guiding the left want to tear down our form of government and replace it with Socialism and are well on their way to so doing! Thanks for government run schools and universities that are almost completely Socialistic/Communistic.
“Too many Americans do not realize they are PAWNS in the Globalist Game of Chess to destroy America and hollow out completely our Constitution and Bill of Rights. Only by reading, viewing and searching out the truth and making your own decision will you have the possibility of learning the truth! Americans have the right to think what they want, but they do not have the right to attack other Americans who are living peacefully. This goes for both sides. When people have not learned how to peacefully discuss their philosophies, they resort to violence. Violence tears nations apart and the government steps in and takes over! Economic freedom cannot thrive where there is such violence. Freedom for all is then lost! Remember How Hitler rose to power? History is one of the most important subjects to study. History usually repeats itself.”
“I make my practices real hard because if a player is a quitter, I want him to quit in practice, not in a game.” – Paul “Bear” Bryant (1913-1983), legendary college football coach
On August 16th, 1841, President John Tyler vetoed a second attempt by Congress to re-establish the Bank of the United States. In response, angry supporters of the bank gathered outside the White House and burned an effigy of Tyler.
Coming To Grips With a Life Changing Event
If you live long enough, you will undoubtedly face a life changing event. These events are not easy to plan for. And even if you know one is on the horizon, they always seem to catch you by surprise. I refer to these life changing events as sentinel events, because once they happen your life will be forever changed.
While I’ve practiced and taught strategic planning and business development in several different industries, including pharmaceutical sales and hospice/rehab/long-term care senior healthcare, I have survived several sentinel events in my own life. I generally feel as if I have come through them stronger and smarter because of my struggles. However, “no” that wasn’t a ringing endorsement of wanting to experience anymore of these type of events.
Losing your spouse, a child, your parents, or your career are all typical sentinel events that most people have to endure at some point in their lives. I once worked with a woman who had lost both her parents in a car crash as a teenager. She then went on to lose two of her three sons in the middle-eastern conflict Desert Storm in the early 90’s. I can’t even imagine how difficult and how emotionally devastating those sentinel events were for that dear lady. She had to be a strong person in order to survive and continue on. Continue reading
HJL, JWR, Readers of SurvivalBlog,
My current hometown of Charlottesville, VA suddenly found itself thrust into the headlines. My home is less than three miles from the site where the events occurred. From my 4th floor apartment balcony I watched the state police helicopter hover for hours. It eventually disappeared from view as some unknown event caused it to crash.
Readers of SurvivalBlog are well informed; I will not rehash the events of the weekend of August 12, 2017 in Charlottesville. But I will add that all parties involved in this “rally” came prepared for a fight. What you probably won’t see in clips on the evening news is BOTH sides of the confrontation were heavily armed with clubs, bats, handguns, and rifles, and by the grace of God no shots were fired. It is my belief that, due to either a completely unhinged individual or actions of a group seeking to accelerate conflict, shots will one day ring out and a second civil war will erupt in this country.
The rhetoric from leaders in Washington over the past eight years, and some may argue the past eight months, has only served to foment severe hatred among the fringe elements of both parties, spawning the most dangerous of enemies: Extreme Ideology. Throughout the ages, we have witnessed extreme ideology in many parts of the world that often leads to outright genocide. Extremism knows no boundaries when committing atrocities, even within its own race, skin color or geographic location. I pray this never happens in our country, but after this weekend’s events, I urge you to continue to prepare, train, and plan. I believe we will only see more of this violence in the months ahead.
Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on investing in firearms magazines. (See the Tangibles section, near the end of this column.)
Jack Chan: Silver Price Update
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Gold Forecast for the Week of August 14, 2017, Technical Analysis
Top Four Gold Stocks as of August 2017
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Do You Own Those Three Recession-Proof Stocks?
Next, over at Knoema: Nickel Price Long Term Forecast (to 2030)
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How the Commodities Bounce Could Finish Noble
“What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.” – Ludwig von Mises
On August 15, 1961, two days after sealing off free passage between East and West Berlin with barbed wire, East German authorities began building a wall–the Berlin Wall–to permanently close off access to the West. For the next 28 years, the heavily fortified Berlin Wall stood as the most tangible symbol of the Cold War–a literal “iron curtain” dividing Europe. The wall has now been torn down for longer than it stood, but the scars in memory are still there.
I’m so glad you asked about dealing with these non-preppers. This is a great topic. As a general rule, a non-prepper, most of the time and in most circumstances, simply does not see a need for “our” quality, variety, and/or style of preparing for some potentially serious problem that will, in turn, have an unexpected negative influence in their personal lives. It’s all just vague to them. Or to put it another way, they have heard that sermon before and they ain’t buying it, not then, not now, and not tomorrow.
They are honest, generous, sincerely caring for others, like the ideal fellow prepper, with every aspect of good character and tremendous integrity. They are the great unwashed unprepared majority. Does their preparedness message radiate from every smile and twitch of their inquisitive observant eye and even their body language radiate their preparedness message to us? No! No! And again no. But they will be polite and courteous. If that is your only topic, please go away. And that’s true about most of the good ones– the nice folks.
A Tale: Something “Good” Became “Nothing”
Before we get any deeper into the topic, allow me to share a personal true tale about the very good people in our very small community of about 200 homes and a population of just over 500 hearty souls. Right about 12 years ago, we formed a terrific CERT (community emergency response team). It was well done by the book. I should know, the books and training materials are on the book shelves in my den. Then about five years ago, we had to admit to ourselves that the CERT team actually did not exist at that time. We asked ourselves what had caused the team and the town to no longer care. Did we do something wrong? No. We did our leadership parts quite well. We did almost everything and did it well indeed. It was determined that the collapse was caused by nothing.