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 higher crude oil and fuel prices. (See the Commodities section.)

Precious Metals:

Silver hits a strong support zone.

o  o  o

India’s May gold imports surge 677% to $5.83 billion.

Economy & Finance:

Hedge fund redemptions accelerated in March. JWR’s Comments: This is just the beginning of a trend. Unless you are invested in a contrarian or counter-cyclical hedge fund, then I’d generally recommend exiting. Keep in mind that with many hedge funds there is a 30 to 120 delay between your filing your request to exit and your disbursement. (Commonly called a “lock-up” period.) In the midst of a crashing market, that period might seem agonizingly long. As Bob Griswald says: “Panic now, and beat the rush.”

o  o  o

Bridgewater Braces For Stagflationary Shock And Fed Rate Cut Capitulation; Buys Billions In Credit Index Swaps.

o  o  o

Lagarde says ECB likely to abandon negative rates in September. JWR’s Comment: This may begin tit-for-tat rounds of interest rate increases, leading to protracted stagflation. Monetary policymakers have run out of arrows in their quivers, on both sides of the Atlantic.

Continue reading“Economics & Investing For Preppers”

The Editors’ Quote of the Day:

“Firearms, if you think about it, are power tools. They drill holes in things and chew things up. That’s their purpose. The purpose of the user is, quite simply, to puncture and destroy the right things and not the wrong things.” – Massad Ayoob

Preparedness Notes for Sunday — June 12, 2022

On June 12, 1987, during a visit to the divided German city of Berlin, President Ronald Reagan publicly challenged Soviet leader Mikhail S. Gorbachev to: “Tear down this wall.”

The wall began to come down in November of 1989.

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SurvivalBlog Writing Contest

Today we present another entry for Round 101 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. 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,
  4. Two cases of Mountain House freeze-dried assorted entrees in #10 cans, courtesy of Ready Made Resources (a $350 value),
  5. A $250 gift certificate good for any product from Sunflower Ammo,
  6. American Gunsmithing Institute (AGI) is providing a $300 certificate good towards any of their DVD training courses.
  7. Two sets of The Civil Defense Manual, (in two volumes) — a $193 value — kindly donated by the author, Jack Lawson.

Second Prize:

  1. A Front Sight Lifetime Diamond Membership, providing lifetime free training at any Front Sight Nevada course, with no limit on repeating classes. This prize is courtesy of a SurvivalBlog reader who prefers to be anonymous.
  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 LogOX 3-in-1 Forestry MultiTool (a $189 value) and a WoodOx Sling (a $79.95 value), courtesy of LogOx, both made in USA.
  4. A transferable $100 FRN purchase credit from Elk Creek Company, toward the purchase of any pre-1899 antique gun.

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More than $725,000 worth of prizes have been awarded since we started running this contest. Round 101 ends on July 31st, 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.

 

Homemade Household Products Using Bulk Ingredients, by Mrs. Alaska

When people jokingly refer to Whole Foods as “Whole Paycheck” to indicate the price points, I wonder if they conclude that all organic products and foods have to be expensive.

It is indeed more expensive to raise meat on a small homestead than to buy a rotisserie chicken at Costco. But so many pricey organic foods and value – add products are quickly and cheaply made at home. A frugal person can save thousands of dollars per year by combining ingredients for tasty or useful products. Put that cash to other purposes less easily accomplished. In addition, making products from scratch reduces trash and storage.

My husband and I live in a remote part of Alaska, a 20-minute flight from the nearest road, or a 3.5 hour snowmachine trip to the same community access point. We go five+ months at a time without resupply. So I make use of all the following homemade products to reduce purchases and transportation costs ($0.50 per lb), and trash that we would otherwise have to burn or haul back to a town dump. The savings are applied to products we cannot make, like tools.

HYGIENE/BEAUTY/CLEANING:

a) FACIALS and HAIR TREATMENTS: Pay $100 vs. < $1. Honey and Beeswax I love feeling really clean, and have paid $90 – 110 for facials in the US (and $15 in India). But you know the ingredients and labor are highly marked up. Now, I give myself two facial/hair treatments a week, right before bathing: one with 2 tbs of bentonite clay (bought on-line) mixed into a slurry with water for a detoxifying face and hair mask, and another with 2 tbs of honey, diluted, as a moisturizer for face and hair. A pound of the clay has lasted me about 2 years (about $12) How is that for a substantial savings?Continue reading“Homemade Household Products Using Bulk Ingredients, by Mrs. Alaska”

The Editors’ Quote of the Day:

“Put them in mind to be subject to principalities and powers, to obey magistrates, to be ready to every good work,

To speak evil of no man, to be no brawlers, but gentle, shewing all meekness unto all men.

For we ourselves also were sometimes foolish, disobedient, deceived, serving divers lusts and pleasures, living in malice and envy, hateful, and hating one another.

But after that the kindness and love of God our Saviour toward man appeared,

Not by works of righteousness which we have done, but according to his mercy he saved us, by the washing of regeneration, and renewing of the Holy Ghost;

Which he shed on us abundantly through Jesus Christ our Saviour;

That being justified by his grace, we should be made heirs according to the hope of eternal life.

This is a faithful saying, and these things I will that thou affirm constantly, that they which have believed in God might be careful to maintain good works. These things are good and profitable unto men.

But avoid foolish questions, and genealogies, and contentions, and strivings about the law; for they are unprofitable and vain.

A man that is an heretick after the first and second admonition reject;

Knowing that he that is such is subverted, and sinneth, being condemned of himself.

When I shall send Artemas unto thee, or Tychicus, be diligent to come unto me to Nicopolis: for I have determined there to winter.

Bring Zenas the lawyer and Apollos on their journey diligently, that nothing be wanting unto them.

And let our’s also learn to maintain good works for necessary uses, that they be not unfruitful.

All that are with me salute thee. Greet them that love us in the faith. Grace be with you all. Amen.” – Titus 3 (KJV)

Preparedness Notes for Saturday — June 11, 2022

John Wayne, the iconic American film actor, died on June 11th, 1979. While John Wayne is probably best known for his westerns like True Grit, The Shootist, and Fort Apache, we remember him best for his roles in The Alamo and The Green Berets, both of which reflected his patriotic and conservative leanings.

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Just as I feared, On Friday (June 10, 2022) the U.S House passed H.R.2377, the Federal Extreme Risk Protection Order Act of 2021. This ERPO bill (a.k.a. Red Flag bill), is now heading to the U.S. Senate. Please contact your State’s two U.S. Senators, and insist that they oppose this horrible legislation!

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Today’s feature article was written by a blog advertiser, so it is not eligible for the SurvivalBlog non-fiction writing contest.

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Round 101 ends on July 31st, 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

Gardening in a Post-Nuclear Fallout Environment, by Don Shift

Several weeks ago, Reader L.E. asked how seeds would fare after a nuclear war. That got me researching about growing food after the nukes fly would be complicated. It turns out, not much. After a nuclear war, fallout and higher radiation counts worldwide will be a fact of life. The remnants of the fallout will remain acutely in our food chain for a century. Consuming radionuclides (radioactive isotopes or radioisotopes) will be unavoidable, but not as catastrophic as some think, and it can be mitigated.

Fallout will not be a massive, universal phenomenon as some of the outdated fallout pattern maps from the 1960s show. Airburst weapons do not create any appreciable fallout and as cities are the likely targets, they will be destroyed by warheads detonating a few thousand feet above the city to maximize blast effects. Surface detonations are used against things like missile silos; so if you live near some, watch out. Fallout from surface blasts may travel long distances, but will almost certainly be heavily localized near hardened military targets.

Long-distance fallout or worldwide fallout that is lofted high into the atmosphere will be a universal concern. This radiation will be much weaker as the particles are less dense and have been decaying while airborne. A real-life example is that of the Downwinders who were exposed to atomic testing in Nevada during the 1950s and 1960s.

Fallout in food is an ingestion hazard of radionuclides (radioactive isotopes) through the food cycle. These radionuclides include isotopes of iodine, cesium, and strontium. Iodine is a short-term hazard whereas strontium and cesium, with their longer half-lives, are long-term hazards. Thyroid and other cancers are the primary pathology. Radioactive material can be ingested in two ways; consuming produce with fallout embedded in it or consuming produce that has absorbed an isotope from the soil.Continue reading“Gardening in a Post-Nuclear Fallout Environment, by Don Shift”

Editors’ Prepping Progress

To be prepared for a crisis, every Prepper must establish goals and make long-term and short-term plans. In this column, the SurvivalBlog editors review their week’s prep activities and planned prep activities for the coming week. These range from healthcare and gear purchases to gardening, ranch improvements, bug out bag fine-tuning, and food storage. This is something akin to our Retreat Owner Profiles, but written incrementally and in detail, throughout the year.  We always welcome you to share your own successes and wisdom in your e-mailed letters. We post many of those –or excerpts thereof — in this column, in the Odds ‘n Sods Column, and in the Snippets column. Let’s keep busy and be ready!

Jim Reports:

This week, between rain showers, I did more firewood cutting and slash pile building. I also helped Lily with manure hauling, weeding, and rototilling. Our family also did a hay-hauling trip this week. So, the busy time of year has arrived!  Now, over to Lily…

Continue reading“Editors’ Prepping Progress”

The Editors’ Quote of the Day:

“Make haste, o God, to deliver me; make haste to help me, O Lord.

Let them be ashamed and confounded that seek after my soul: let them be turned backward, and put to confusion, that desire my hurt.

Let them be turned back for a reward of their shame that say, Aha, aha.

Let all those that seek thee rejoice and be glad in thee: and let such as love thy salvation say continually, Let God be magnified.

But I am poor and needy: make haste unto me, O God: thou art my help and my deliverer; O Lord, make no tarrying.” – Psalm 70 (KJV)

Preparedness Notes for Friday — June 10, 2022

On June 10, 1967, the Six-Day War ended as Israel and Syria agreed to observe a United Nations-mediated cease-fire.

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On Wednesday (June 8, 2022), the U.S. House passed H.R. 7910 — a package of anti-gun laws that includes a ban on the manufacture, import, or sale of any 11+ round magazines or belts, and raises the minimum age for detachable magazine centerfire semi-auto rifles. The package also includes a safe storage law, bans unserialized homemade guns, and codifies Trump’s bump stock ban. (Details, here.) Five turncoat Republicans from eastern states voted for the bill:

  • Fitzpatrick – Pennsylvania
  • Gonzalez – Ohio
  • Jacobs – New York
  • Kinzinger – Illinois
  • Upton – Michigan

Shame on them!

The fight to stop this package of bills now shifts to the U.S. Senate, where they are also discussing so-called “Red Flag” laws. Please contact both of your State’s U.S. Senators, and remind them that a magazine ban is grossly unconstitutional, and that Red Flag laws violate the 2nd Amendment as well as the Due Process protections of the 5th and 14th Amendments. To have a judge summarily yank someone’s Second Amendment rights without notice in absentia is a hideous perversion of our justice system. This is Star Chamber-level jurisdictional evil. If we lose our due process rights to identify and face our accusers, to be present at a proceeding to speak in our own defense, and the presumption of innocence, then our system of justice will be essentially gutted. “Welcome to the gulag, comrade.” Please point out that per Mullane v. Central Hanover Bank (1950), due process requires, at a minimum: A. notice, B. an opportunity to be heard; and C. an impartial tribunal.

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Today we present a guest article by . I’ve often linked to his articles and essays. This one was so timely that I asked for his permission to re-post it.

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We are seeking entries for Round 101 of the SurvivalBlog non-fiction writing contest. More than $725,000 worth of prizes have been awarded since we started running this contest. Round 101 ends on July 31st, 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.

Why We Need Our Guns, by Llewellyn H. Rockwell, Jr.

Make no mistake about, brain-dead Biden and his gang of criminals want to take our guns away. And these efforts didn’t start with him. As James Bovard pointed out in 2020, ““’Hell yes, we’re going to take your AR-15,’ declared ‘Beto’ O’Rourke at a Democratic party presidential candidate debate in September. Compelling Americans to surrender their so-called assault weapons is ‘the newest purity test’ for Democratic presidential candidates, according to the Washington Post. O’Rourke and other Democratic presidential candidates, including Cory Booker, Kristin Gillibrand, and Bill de Blasio (now withdrawn from the race, as are Gillibrand and O’Rourke) have all endorsed mandatory buy-backs of assault weapons. Though such proposals are momentarily politically profitable, they could start a cascade of public-policy dominoes that ends in civil war.

When Australia and New Zealand mandated buy-backs of assault weapons, most gun owners ignored the decrees despite politicians repeatedly ratcheting up their threats. Similar noncompliance to laws requiring surrender or registration of assault weapons has occurred in California, New York, Connecticut, New Jersey, and elsewhere.

Congress passed an assault-weapons ban in 1994 that lasted for a decade. The original assault-weapons ban protected Americans from being shot with rifles that included features such as grenade launchers, bayonet lugs, or other detailing whose primary impact was to fuel the phobias of gun haters.

Shortly after the 1994 ban was passed, a Washington Post editorial admitted, ‘Assault weapons play a part in only a small percentage of crime. The provision is mainly symbolic; its virtue will be if it turns out to be, as hoped, a stepping stone to broader gun control.’ Post columnist Charles Krauthammer, in an article headlined, ‘Disarm the Citizenry. But Not Yet,’ explained the ‘real logic of the ban”: ‘Its only real justification is not to reduce crime but to desensitize the public to the regulation of weapons in preparation for their ultimate confiscation.’ Krauthammer, who was revered by much of the nation’s mainstream media, trumpeted his support for ‘real steps’ on gun control including ‘the banning of handguns.’Continue reading“Why We Need Our Guns, by Llewellyn H. Rockwell, Jr.”

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, a look at persistent and increasing currency inflation, worldwide. (See the Inflation Watch section.)

Precious Metals:

Central banks bought 19.4 tonnes of gold in April, remain net buyers in 2022 – WGC

o  o  o

Austrian Monetary Gold Transfer From London To Switzerland, Planned In 2015, Still Hasn’t Arrived.

Economy & Finance:

From Bloomberg: Black Swan Investor Is Watching for ‘Greatest Credit Bubble’ to Pop

o  o  o

At The Economist: What America’s next recession will look like. JWR’s Comment: “Mild”? If Jay Powell keeps his promises on Quantitative Tightening, then the brewing recession will be anything but mild.

o  o  o

I found this liked at the Whatfinger news aggregation site: Russia thinks it has found a way around Washington’s dollar bond payment blockade.

Continue reading“Economics & Investing For Preppers”

The Editors’ Quote of the Day:

“The fact that so many successful politicians are such shameless liars is not only a reflection on them, it is also a reflection on us. When the people want the impossible, only liars can satisfy.” – Thomas Sowell

Preparedness Notes for Thursday — June 9, 2022

Today is the birthday of Jean Alexandre Francois LeMat (1824–1883), who is best known for the percussion cap revolver that bears his name. It is a novel design, where the cylinder revolves around a central shotgun barrel.

On June 9, 1940 Norway surrendered to the invading German army, during World War II. The citizenry was then quickly disarmed by the Nazis, so resistance was limited. (The invaders had access to the Norwegian police gun registration lists.) To limit reprisals by the Germans, King Hakkon the 7th also ordered that only Norwegian troops operating from offshore should overtly resist the Nazis. The “H7” logo became the ubiquitous symbol of resistance in occupied Norway.

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SurvivalBlog Writing Contest

Today we present another entry for Round 101 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. 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,
  4. Two cases of Mountain House freeze-dried assorted entrees in #10 cans, courtesy of Ready Made Resources (a $350 value),
  5. A $250 gift certificate good for any product from Sunflower Ammo,
  6. American Gunsmithing Institute (AGI) is providing a $300 certificate good towards any of their DVD training courses.
  7. Two sets of The Civil Defense Manual, (in two volumes) — a $193 value — kindly donated by the author, Jack Lawson.

Second Prize:

  1. A Front Sight Lifetime Diamond Membership, providing lifetime free training at any Front Sight Nevada course, with no limit on repeating classes. This prize is courtesy of a SurvivalBlog reader who prefers to be anonymous.
  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 LogOX 3-in-1 Forestry MultiTool (a $189 value) and a WoodOx Sling (a $79.95 value), courtesy of LogOx, both made in USA.
  4. A transferable $100 FRN purchase credit from Elk Creek Company, toward the purchase of any pre-1899 antique gun.

—

More than $725,000 worth of prizes have been awarded since we started running this contest. Round 101 ends on July 31st, 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.