Economics & Investing For Preppers

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at the impact of rising interest rates on Federal debt obligations — the current national debt and long-term obligations.

Precious Metals:

Just as I predicted, the platinum-to-gold ratio is narrowing. Platinum just bumped up over $1,000 per Troy ounce. If you haven’t done so already, you should consider doing some ratio trading out of gold and into platinum. I have concluded that the ratio is headed back below 1-to-1. That is the historic norm for platinum, both in good economic times, and in recessions. – JWR

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Avi Gilburt: Sentiment Speaks: Have We Begun A 20-Year Bear Market Already?

Economy & Finance:

Most folks look at rising interest rates, and simply opine on how that will affect the number of people who qualify for home loans.  But much more importantly, and not widely publicized is this:  How much the Federal government is paying in interest on its debt obligations. This FRED chart says it all. See that “hockey stick” spike at the right end of the chart?  That simply isn’t sustainable. Within two years, Uncle Sam will be shelling out more on interest payments each year than they do the entire national defense budget. Ponder that. – JWR

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H.L. sent us this: MMT Alert! US Debt At $10.7 Trillion In Q4 2008, Now At $30.6 Trillion, +186% In 14 Years (M2 Money UP +162.5%) US Unfunded Liabilities At $172.4 TRILLION!

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A Wolf Street video: “The Math No Longer Works”: Sky-High Mortgage Rates Pop Housing Bubble.

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H.L. sent this: Six Myths About Student Loan “Forgiveness”.

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The S&P 500 saw a big rally on Thursday, rising 5.5%. But it is still down 17% for the year-to-date.

Continue reading“Economics & Investing For Preppers”

Preparedness Notes for Thursday — November 10, 2022

November 10th is remembered in the United States as the “birthday” of the U.S. Marine Corps.

Coincidentally, the 10th on November is also the birthday of the late Mikhail Timofeyevich Kalashnikov, born in 1919, died December 23, 2013.

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November 10th is the anniversary of the sinking of the Great Lakes ore ship Edmund Fitzgerald, in 1975.

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I’m pleased to report that we’ve established an affiliate advertising relationship with Midland Radio — makers of two-way radios, micro-mobile radios, business radios, and weather radios.  They are headquartered in Kansas City, Missouri.

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Today’s feature article is from SurvivalBlog’s Senior Editor, James Wesley, Rawles (JWR).

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We are seeking entries for Round 103 of the SurvivalBlog non-fiction writing contest. More than $750,000 worth of prizes have been awarded since we started running this contest. Round 103 ends on November 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.

 

Greater Idaho Movement Gains Two More Oregon Counties

The vote tallies are in!

The mid-term elections held on Tuesday (November 8th, 2022) included a few interesting county-level and state-level ballot propositions in several states. But in this article, I’ll be focusing on Oregon.

First, for some background, take a couple of minutes to read this article, from a liberal publication:

Gun laws, abortion, taxes: Why Eastern Oregon is voting to join Idaho.

The votes in favor of partitioning Oregon for attachment to Idaho passed easily in both Morrow County and Wheeler County. There are now 11 counties in central and eastern Oregon that have passed Greater Idaho ballot measures.  Most of these propositions passed with 62% or more majorities.  Before Tuesday’s vote, there were nine counties: Sherman, Jefferson, Klamath, Lake, Harney, Grant, Malheur, Baker, and Union. And now, Morrow (60% of the vote) and Wheeler (58% of the vote) counties have joined in.Continue reading“Greater Idaho Movement Gains Two More Oregon Counties”

The Survivalist’s Odds ‘n Sods

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 “JWR”. Our goal is to educate our readers, to help them to recognize emerging threats, and to be better prepared for both disasters and negative societal trends. You can’t mitigate a risk if you haven’t first identified a risk. Today, we look at the results of the recent midterm elections.

The Red Wave Was Just a Swell

Though there were some successes for conservatives, overall, the midterm elections were a disappointment.

One of my long-time friends wrote: “What a disaster in these elections. The Democrats will probably continue to control the Senate which is where all the Federal Judges are confirmed. That means more left-wing judges and possibly one or two [leftist] Supreme Court judges in the next few years.”

Another friend wrote: “Well, what was supposed to be a red tsunami turned into a red spitball. I can’t see America changing course at this point. If there was ever a time to be a prepper, it’s now.”

The markets also disliked the election results. On Wednesday, the S&P 500 declined 2.1% to 3,749. The index is now down 21.3% for the year-to-date, in 2022.

And some folks including Mike Lindell are already crying foul, on the vote-counting process.

Diesel Shortage is Worsening

Overt at MSN: Diesel shortage keeps fuel prices high at the pump.  A quote:

“Retail prices for diesel were at $5.32 a gallon on Nov. 7, and have climbed 3.4 cents in the last week, according to data from GasBuddy. Prices have posted a decline of less than 9% from their record in June. “

A Spartan Thanksgiving Feast This Year?

In the Louisville Courier-Journal: How inflation will hit your dinner table this Thanksgiving.

Continue reading“The Survivalist’s Odds ‘n Sods”

Preparedness Notes for Wednesday — November 9, 2022

Today is the anniversary of the death of Colonel Ulius Louis “Pete” Amoss. This former OSS officer was best known as the originator of the resistance warfare concepts of Leaderless Resistance and “phantom cells.” Amoss was born in 1895 and died on November 9, 1961 from coronary thrombosis. He had a fascinating life.

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November 9th, 1938 was “Kristallnacht”. Be forewarned, folks: Once a group in any society has been singled out for ridicule and persecution, then they can be systematically attacked, physically. Someday it may be “Constitutionalists” who are targeted.

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I’m pleased to report that we’ve established an affiliate advertising relationship with MagPul Industries. Although I’d prefer that you order your MagPul PMAGs through one of our long-time advertisers like GunMag Warehouse, Brownells, or Palmetto State Armory, you can now also order them directly from the MagPul factory, at roughly the same price.

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Today’s feature article was written by Field Gear Editor Thomas Christianson.

We are in need of entries for Round 103 of the SurvivalBlog non-fiction writing contest. More than $750,000 worth of prizes have been awarded since we started running this contest. Round 103 ends on November 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.

Backwoods Home Magazine, by Thomas Christianson

A couple of years ago, I ran across an online ad for a magazine called Backwoods Home. The magazine looked interesting, so I added it to my Christmas and birthday wish lists for a couple of years. My family decided to buy me other gifts instead, so I decided to take the bull by the horns. I contacted the Editorial and Advertising Coordinator for Backwoods Home Magazine, and asked if they would be willing to provide me with some back issues for review. They were kind enough to provide me with all four quarterly issues from 2021 (January/February/March, April/May/June, July/August/September, and October/November/December 2021: Issues 183 through 186).

I found the magazine to be interesting, informative, attractively illustrated, and filled with useful and practical information for those in the preparedness community. I would characterize it as good Sunday afternoon reading. I plan to keep it on my birthday and Christmas wish lists until further notice.Continue reading“Backwoods Home Magazine, by Thomas Christianson”

SurvivalBlog Readers’ & Editors’ Snippets

This weekly column is a collection of short snippets: responses to posted articles, practical self-sufficiency items, how-tos, lessons learned, tips and tricks, and news items — both from readers and from SurvivalBlog’s editors. Note that we may select some long e-mails for posting as separate letters.

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Toby sent this suggestion on do-it-yourself garage door security:

“Here are step-by-step instructions for a low-tech, garage door security system:

I use two ¼” red-handle cushion grip T-handle, Allen wrenches that are 8-inches long inserted in the slots/square holes located on both sides of my garage door rails and locking into the crossbar on the garage door. The photo above shows one of these wrenches in place, as seen from above. I don’t know if I got lucky or if other rails have square holes that align with the crossbar, but the Allen wrench fits perfectly through the square hole and onto the inside of the “U” crossbar.

Since I have a garage door opener, I keep the cheap metal door lock wired open (I never use the door handle lock). I don’t think the handle door lock offers much protection. I have removed the orange pull-down cord (no real need for it) and I have defused the manual opener with a zip tie. If I need to manually open the door, I can cut the zip tie, attach a cord, and pull the door open manually.

I am getting older, so sometimes I need reminders, visual reminders work best. So as not to open the garage door while my “security system” is in place, I hang a red dish towel ($1 @ the Dollar Store before the price changed to $1.25, still cheap) in the center of the garage door on the horizontal wire used for the door lock. When I “disable” and remove the Allen wrench lock pins, I then remove the red dish towel. When I “activate” and install the Allen wrenches, I hang the red dish towel.

My garage door opener wall control has an on/off switch. I switch it “off” when I install the Allen wrenches and hang the towel. I like redundant prompts and controls, so when the security system is activated, I cover the wall control with blue painter’s tape. When the security system is “deactivated,” I stick the painter’s tape on the door trim next to the wall control. I make sure the security system is “activated” each night before going to bed.

When I am going to be away for any length of time, I pull the vehicle out of the garage and “activate” the “security system.” I then exit the house through an outside door. Granted, I don’t have the ability to remotely open or close the garage door from my vehicle, but I do not have to worry about someone else accessing my garage.

The only maintenance required for my security system is to replace the blue painter’s tape every few months as it loses adhesion.

Costs:
T-handle, T-key Allen wrenches (2) = $15
Red Shop Towel = $1
Zip tie = $0.05
Blue painter’s tape = $0.01
Total cost = $16.06

May YHVH bless you and your family. – Toby (Torah Obedient Believer in Yeshua)”

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‘Planet killer’ asteroid found hiding in sun’s glare may one day hit Earth. (Thanks to reader D.S.V., for the link.)

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I highly recommend this lengthy interview that connects a lot of dots: How Elites Will Create a New Class of Slaves — Whitney Webb — The Glenn Beck Podcast  —  Ep 162. (Thanks to reader A.K. for the link.)

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Tim J. spotted this interesting video: The Cheese Caves of the United States.

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Reader X. wrote to mention a free database of amateur radio manuals.

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A.K. sent this video link: Virtual Chicken: Part 1: The Female Reproductive Tract.

Continue reading“SurvivalBlog Readers’ & Editors’ Snippets”

The Editors’ Quote of the Day:

“Who stands firm? Only the one for whom the final standard is not his reason, his principles, his conscience, his freedom, his virtue, but who is ready to sacrifice all these, when in faith and sole allegiance to God he is called to obedient and responsible action: the responsible person, whose life will be nothing but an answer to God’s question and call.” – Dietrich Bonhoeffer

Preparedness Notes for Tuesday — November 8, 2022

Today is the birthday of the late actor/director/producer Norman Lloyd.  He was born on November 8, 1914. His final film role was in a movie released in 2015. That was filmed after he had turned 100. I just learned that he passed away at the remarkable age of 106 on May 11, 2021. Our condolences to his family.

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Please get out and vote today!

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I’m happy to report that we’ve established an affiliate advertising relationship with Wing Bikes. They make some of the world’s best e-bikes.  They just started their Black Friday Preview Sale with $700 off their e-bikes!

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SurvivalBlog Writing Contest

Today we present another entry for Round 103 of the SurvivalBlog non-fiction writing contest. The prizes for this round include:

First Prize:

  1. The photovoltaic power specialists at Quantum Harvest LLC  are providing a store-wide 10% off coupon. Depending on the model chosen, this could be worth more than $2000.
  2. A Gunsite Academy Three Day Course Certificate. This can be used for any of their one, two, or three-day course (a $1,095 value),
  3. Two cases of Mountain House freeze-dried assorted entrees in #10 cans, courtesy of Ready Made Resources (a $350 value),
  4. A $250 gift certificate good for any product from Sunflower Ammo,
  5. American Gunsmithing Institute (AGI) is providing a $300 certificate good towards any of their DVD training courses.
  6. Two sets of The Civil Defense Manual, (in two volumes) — a $193 value — kindly donated by the author, Jack Lawson.

Second Prize:

  1. A course certificate from onPoint Tactical for the prize winner’s choice of three-day civilian courses, excluding those restricted for military or government teams. Three-day onPoint courses normally cost $795,
  2. A SIRT STIC AR-15/M4 Laser Training Package, courtesy of Next Level Training, that has a combined retail value of $679
  3. Two 1,000-foot spools of full mil-spec U.S.-made 750 paracord (in-stock colors only) from www.TOUGHGRID.com (a $240 value).
  4. Two Super Survival Pack seed collections, a $150 value, courtesy of Seed for Security, LLC,
  5. A transferable $150 FRN purchase credit from Elk Creek Company, toward the purchase of any pre-1899 antique gun. There is no paperwork required for delivery of pre-1899 guns into most states, making them the last bastion of firearms purchasing privacy!

Third Prize:

  1. Three sets each of made-in-USA regular and wide-mouth reusable canning lids. (This is a total of 300 lids and 600 gaskets.) This prize is courtesy of Harvest Guard (a $270 value)
  2. A Royal Berkey water filter, courtesy of Directive 21 (a $275 value),
  3. A transferable $150 FRN purchase credit from Elk Creek Company, toward the purchase of any pre-1899 antique gun.

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More than $750,000 worth of prizes have been awarded since we started running this contest. Round 103 ends on November 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.

Do Not Comply – No Matter What, by SaraSue

Articles in SurvivalBlog are generally, focused on practical “How To” survivalist topics. I’ve been concerned more about my mental and emotional state lately. With so much negative news as of late, I’ve been focused on the practicality of managing my spirit as I work on practical things. I thought I’d share – this is where I stand.

There comes a time when you realize that there is nothing left to do but face the Evil and stand firm. You’re done with trying to convince people, especially people you dearly love, that the Evil is here now. You’ve reconciled yourself to the facts, hard facts, that Evil is afoot, and embraced even, by a large number of people around you. You stare at them in wonder that they can’t see the Evil that is parading in front of them, or that they purposefully refuse to see it, or they’re so distracted they can’t see it. You’re stunned that they continue eating, drinking, and being merry, as if they had not a care in the world. You watch them spending money on lavish vacations, petulantly complaining about things that won’t matter in eternity or when the Schumer Hits The Fan (SHTF). It’s as if you’ve become the alien on a strange planet. You begin to withdraw and just focus on the things in front of you – the things that do matter.Continue reading“Do Not Comply – No Matter What, by SaraSue”

SurvivalBlog’s News From The American Redoubt

This weekly column features news stories and event announcements from around the American Redoubt region. (Idaho, Montana, eastern Oregon, eastern Washington, and Wyoming.) Much of the region is also more commonly known as The Inland Northwest. We also mention companies of interest to preppers and survivalists that are located in the American Redoubt region. Today, some sad news of a fatal collision with a moose.

Idaho

Rexburg Man Dead After Hitting a Moose on US20. A quote:

‘Troopers with Idaho State Police are investigating a fatal accident that happened Tuesday morning involving a vehicle colliding with a moose.

The accident happened at 7:25 a.m. on US20 at milepost 354 in Fremont County when a Hyundai Elantra hit a bull moose that was crossing the road.

The driver broadsided the moose and then went off the right shoulder, struck a power pole, and rolled.

The 28-year-old male driver from Rexburg was wearing a seat belt but died from his injuries.”

JWR’s Comment:  Moose collisions can be very dangerous to drivers, simply because moose are so tall, that they tend to go over the hoods of cars, and through windshields. The photo above was taken by Avalanche Lily.

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Buyer’s remorse in Boise’s housing market.

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Salute to Idaho Agriculture: Twin Falls Farmer’s Market.

Continue reading“SurvivalBlog’s News From The American Redoubt”

Preparedness Notes for Monday — November 7, 2022

November 7th is the anniversary of the death of actor Steve McQueen (born March 24, 1930, died November 7, 1980). The many well-publicized exploits in his tempestuous life and his enduring persona are well known. However, the end of his life is actually the most noteworthy part of his legacy, even though it seldom gets much publicity outside of Christian circles; he came to Jesus after he had been diagnosed with mesothelioma. He died with his forefinger pointing to his key verse in his Bible, Titus 1:2.

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Our sale on all of our shootable replica black powder revolvers at Elk Creek Company ends tomorrow — Tuesday, November 8th, so order soon! Note that no FFL is required to order, and that cartridge conversion cylinders are available for many of these models.

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Over at  SurvivalRealty: Five parcels in a survival-oriented rural development near Troy, Montana. 20-35 acres, starting at $325,000: Majestic Meadows.

 

I urge all SurvivalBlog readers to get out and vote, tomorrow.  Pray for the restoration of our constitutional Republic!

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I’m pleased to report that we’ve established an affiliate advertising relationship with Mystery Ranch backpacks, headquartered in Bozeman, Montana. Check out all of their great gear, including their Gunfighter SB Packs. Mystery Ranch packs are very popular with the Special Operations Forces (SOF) community. Most of their gear is now made in The Philippines, in buildings at the former Clark Air Force Base. It is noteworthy that Avalanche Lily uses a Mystery Ranch Coulee 40-Liter pack for her Bugout Bag/Get Home Bag. We gladly paid the retail price for that pack, long before we ever considered seeking an affiliate advertising relationship with the company.

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Today’s feature article was written by SurvivalBlog’s Field Gear Editor Emeritus, Pat Cascio.