Economics & Investing For Preppers

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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 now chronic gun and ammunition shortage in the US. (See the Tangibles Investing section.) But first, an important note on physical silver, that I’m repeating from yesterday’s blog.

Precious Metals:

Mike in Alaska sent this: Reddit Forum Sparks Physical Silver Shortage on Major Dealers’ Websites. JWR’s Comments: I expect to see the spot and futures silver markets EXPLODE on Monday. Try to lock in a price somewhere and take physical delivery, ASAP. You might consider our newest affiliate advertiser, Silver Gold Bull. Or the folks who kindly write us a monthly SurvivalBlog column: Gainesville Coins.

o  o  o

Here is some more analysis: Reddit Investors Piling Into Silver Drive Up Prices a Second Day

Economy & Finance:

2020 was the worst year for economic growth since the Second World War.

o  o  o

Doug Casey: Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse

o  o  o

Red-State Governors Lead COVID Recovery After Blue-State Tyrants Tanked The Economy

o  o  o

U.S. Billionaire Wealth Rises 40%, Up $1.1 Trillion, Since March 2020

o  o  o

Reader H.L. wrote to mention this piece at The New American: Will Democrats Turn America Into Venezuela?

Continue reading“Economics & Investing For Preppers”

Preparedness Notes for Sunday — January 31, 2021

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On January 31, 1606, Guy Fawkes was scheduled for execution for his part in the Gunpowder Plot against parliament and King James. As he was being marched up the steps to his gallows, he fell and broke his neck and died, depriving his executioners of any satisfaction.  In recent years, Guy Fawkes masks have become a symbol of resistance to big government, worldwide.

Also on this day in 1872, American author Pearl Zane Grey was born. He was best known for his popular adventure western novels, including Riders of the Purple Sage, which was his best-selling book.

—

An important last-minute update:

Mike in Alaska sent this: Reddit Forum Sparks Physical Silver Shortage on Major Dealers’ Websites. JWR’s Comments: I expect to see the spot and futures silver markets EXPLODE on Monday, February 1st, 2021. Try to lock in a price somewhere and take physical delivery, ASAP. You might consider our newest affiliate advertiser, Silver Gold Bull. Or the folks who kindly write us a monthly SurvivalBlog column: Gainesville Coins.

—

SurvivalBlog Writing Contest

Today we present the second half of the final entry for Round 92 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. DRD Tactical is providing a 5.56 NATO QD Billet upper. These have hammer forged, chrome-lined barrels and a hard case, to go with your own AR lower. It will allow any standard AR-type rifle to have a quick change barrel. This can be assembled in less than one minute without the use of any tools. It also provides a compact carry capability in a hard case or in 3-day pack (a $1,100 value),
  5. Two cases of Mountain House freeze-dried assorted entrees in #10 cans, courtesy of Ready Made Resources (a $350 value),
  6. A $250 gift certificate good for any product from Sunflower Ammo,
  7. American Gunsmithing Institute (AGI) is providing a $300 certificate good towards any of their DVD training courses.

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 Glock form factor SIRT laser training pistol and a SIRT AR-15/M4 Laser Training Bolt, courtesy of Next Level Training, that have a combined retail value of $589,
  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. Naturally Cozy is donating a “Prepper Pack” Menstrual Kit.  This kit contains 18 pads and it comes vacuum-sealed for long term storage or slips easily into a bugout bag.  The value of this kit is $220.
  5. An assortment of products along with a one-hour consultation on health and wellness from Pruitt’s Tree Resin (a $265 value).

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. Two Super Survival Pack seed collections, a $150 value, courtesy of Seed for Security, LLC,
  4. A transferable $150 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!

Round 92 ends today — January 31st. But you can get busy writing and e-mail us your entry for Round 93. 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.

Knowledge is Power: The Value of an Area Study – Part 2, by Viking4

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(Continued from Part 1. This concludes the article.)

Human Terrain

This section of the area study deals with the people who live in your Area of Operations (AO) and Area of Interest (AI). Data for this section can be a little harder to find depending on where you live. For my first area study I was able to search voter rolls to determine party affiliations. For my current area those records do not exist, though I was able to find more detailed political party details relevant to the AO.

Data to determine and document the human terrain include:

• Names of the people living closest to you (neighbors) and their political affiliations
• Demographics for the population of the AO
• Socioeconomic data for the population of the AO
• Attitudes, beliefs and behaviors of the people in your AO
• Who are the influencers of opinions and actions in your AO

Local GIS data can provide information on who owns properties nearby or in any part of the AO you wish to drill deeper in to. Simply performing a web search on your area name and the keywords “demographics” and “socioeconomics,” along with the latest census data will provide a wealth of information.

The websites for the political parties at the local level will provide some insight into the general trends for the AO. Elected officials and statewide political data is posted later in the study.

I find that determining the influencers in the AO takes the longest time to acquire. From a general standpoint teachers, small business owners and pastors among others have a good sized influence at the local level. I’ve had good luck with just speaking to neighbors, friends and business owners to pick up who are the movers-and-shakers in my AO. The barber shop is one of my best eavesdropping sites (remembering OPSEC of course)!

Critical Infrastructure

I find that determining and documenting the critical infrastructure in the AO and AI takes the second longest amount of time. Again, depending on where you are some parts of this section may take a considerable amount of digging to acquire.

The primary data points for this section include:

• Energy and utilities
• Hospitals and trauma centers
• Schools

Depending on your location, the number of electrical energy providers may be one or many. Rural areas may have an electric cooperative (Co-Op) while suburban and urban areas may have a single large power company. Regardless, the infrastructure that provides the power to your AO and AI is composed of miles of power lines and potentially dozens of electrical substations. Rural areas may have this infrastructure spread out over a large area, while more densely populated areas might have more of them in a smaller area.Continue reading“Knowledge is Power: The Value of an Area Study – Part 2, by Viking4”

January 2021 in Precious Metals, by Steven Cochran

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Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover gold’s performance and the factors that affected gold prices.

Year-End Gold Market

The fourth quarter of 2020 was not kind to precious metals. Losses in both October and November seriously dented annual returns for both gold and silver.

Gold’s December gain of 6.3% was barely enough to erase October and November’s losses. Still, gold posted a gain of more than 24% in 2020, a ten-year high.

Silver traded up 17% in December, enough for a 13% gain in the fourth quarter. Silver gained 48% for the year, which was also the best annual performance for silver since 2010.

What Did Gold Do in January?

The start of 2021 did not follow the usual script for January. Instead, prices fell nearly $100 an ounce over the course of the month. January is usually one of gold’s best months. It has, however, been very good for the physical gold market. More on that later.

Gold had a good start to the year. It powered $50 higher to comfortably regain the $1900 mark on the first day of trading. By the end of the week, though, it has fallen to $1,835 an ounce. It spent most of the rest of the month between $1,840 and $1,860.

Factors Affecting Gold This Month

COVID

A botched government roll-out of COVID vaccines in December didn’t get any better in January. Complicating matters, several new coronavirus strains have been discovered. Some of these new strains are more contagious, spreading more rapidly. The fast-spreading, more contagious UK version is expected to be the dominant strain in the US by March. Luckily, existing vaccines seem to work on it.

Some strains, such as the ones discovered in Los Angeles and South Africa are proving more resistant to existing vaccines, leading drugmakers to work on improving their formulas.

These developments have raised doubts that many nations will see an economic recovery anytime soon. Central banks have strongly urged governments to step up and provide economic assistance to people. This has led to political fights in the halls of government.Continue reading“January 2021 in Precious Metals, by Steven Cochran”

The Editors’ Quote of the Day:

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“And he came to Capernaum: and being in the house he asked them, What was it that ye disputed among yourselves by the way?

But they held their peace: for by the way they had disputed among themselves, who should be the greatest.

And he sat down, and called the twelve, and saith unto them, If any man desire to be first, the same shall be last of all, and servant of all.

And he took a child, and set him in the midst of them: and when he had taken him in his arms, he said unto them,

Whosoever shall receive one of such children in my name, receiveth me: and whosoever shall receive me, receiveth not me, but him that sent me.

And John answered him, saying, Master, we saw one casting out devils in thy name, and he followeth not us: and we forbad him, because he followeth not us.

But Jesus said, Forbid him not: for there is no man which shall do a miracle in my name, that can lightly speak evil of me.

For he that is not against us is on our part.

For whosoever shall give you a cup of water to drink in my name, because ye belong to Christ, verily I say unto you, he shall not lose his reward.

And whosoever shall offend one of these little ones that believe in me, it is better for him that a millstone were hanged about his neck, and he were cast into the sea.” – Mark 9: 33-42 (KJV)

Preparedness Notes for Saturday — January 30, 2021

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January 30th is the birthday of historian Barbara Tuchman (born 1912, died February 6, 1989). She wrote some very engaging history books.

—

And January 30th is the anniversary of the 1945 Great Raid on Cabanatuan Prison Camp where US Army Rangers and Filipino Guerrillas liberated Allied prisoners. The book Rescue At Los Baños by historian and bestselling author Bruce Henderson is fascinating reading. And the movie The Great Raid was loosely based on this raid’s history.

—

SurvivalBlog Writing Contest

Today we present another entry for Round 92 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. DRD Tactical is providing a 5.56 NATO QD Billet upper. These have hammer forged, chrome-lined barrels and a hard case, to go with your own AR lower. It will allow any standard AR-type rifle to have a quick change barrel. This can be assembled in less than one minute without the use of any tools. It also provides a compact carry capability in a hard case or in 3-day pack (a $1,100 value),
  5. Two cases of Mountain House freeze-dried assorted entrees in #10 cans, courtesy of Ready Made Resources (a $350 value),
  6. A $250 gift certificate good for any product from Sunflower Ammo,
  7. American Gunsmithing Institute (AGI) is providing a $300 certificate good towards any of their DVD training courses.

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 Glock form factor SIRT laser training pistol and a SIRT AR-15/M4 Laser Training Bolt, courtesy of Next Level Training, that have a combined retail value of $589,
  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. Naturally Cozy is donating a “Prepper Pack” Menstrual Kit.  This kit contains 18 pads and it comes vacuum-sealed for long term storage or slips easily into a bugout bag.  The value of this kit is $220.
  5. An assortment of products along with a one-hour consultation on health and wellness from Pruitt’s Tree Resin (a $265 value).

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. Two Super Survival Pack seed collections, a $150 value, courtesy of Seed for Security, LLC,
  4. A transferable $150 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!

Round 92 ends on January 31, 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.

Knowledge is Power: The Value of an Area Study – Part 1, by Viking4

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Preface

I’d like to give a huge thank you to both Sam Culper at Forward Observer and our own esteemed James Wesley, Rawles. While I was fortunate enough to serve in S-2 shop of an armor battalion during my Army career, without the guidance from these two outstanding gentlemen, I never would have been able to conduct let alone complete these area studies. Intelligence and analysis are must-haves in preparation for what is coming. Please continue to show us the way!

What is an Area Study and Why Would You Need One?

An area study is an element of preparedness and security common to military special operations and civil affairs units. Area studies contain information on a designated area that supports contingency and security planning. The finished product is usually completed before the need arises for the information that is gathered. Once a mission is received, the tactical unit conducts a detailed area assessment using the information in the area study as a starting point. The area assessment supplements the information in the area study based on mission requirements.

In today’s fluid environment, conducting contingency and security planning for your locale supports your preparation to possibly execute a multitude of possible courses of action. I agree with Sam Culper that having one of these will “increase our survivability, allows us to develop realistic expectations and helps us to anticipate future events.” Intelligence drives decision making, and having these facts and data on hand if the need arises can save precious time.

In the past 18 months, I have completed two area studies. The first was for an area in the western part of an upper Midwestern state. Before our family moved, this area study was passed along like-minded individuals who saw the value and would make good use the information gathered. The second was for the new area in the state where we currently reside.

For those interested, Sam has shared a checklist (you knew that word was coming) for the creation of an area study. Both of my studies have used a modified version of his checklist, though I have added details within some of his sections to more accurately meet what I consider local needs.

All of the information in both area studies was gathered using sources available to the general public. In some cases interviews were conducted with long-term residents of the area to flesh out important details for some of the sections. Keep both operational security and your local laws in mind when you prepare an area study.

More information regarding the content of an area study can be found here.Continue reading“Knowledge is Power: The Value of an Area Study – Part 1, by Viking4”

Editors’ Prepping Progress

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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 the Comments. Let’s keep busy and be ready!

Jim Reports:

I’ve been keeping the home fires burning, this past week. With the help of our eldest daughter, I packed a few Elk Creek Company orders. And I’ve been trying to catch up on getting our incoming gun inventory cataloged. In addition to my usual blog writing, I’ve had a few consulting calls. Those are always fun and interesting. And I’ve also been doing a bit more hedging into full capacity magazines, in anticipation of Federal legislation. The only thing more frightening than congress being in session is a Monopoly of Power situation where one party controls both houses of congress and the presidency. That is where we were in October of 1984, when the Assualt Weapons Ban and Magazine Ban was enacted.

My sincere thanks to the many readers who bought SurvivalBog Ten Cent Challenge subscriptions, in response to my recent post about quitting Amazon and Amazon Associates. I really appreciate your support!  That will really help make up the lost revenue from Amazon Associates. I’ve also been motivated to add more companies to our roster of Affiliate Advertisers. For example, we just added:

Silver Gold Bull

(A precious metals company in Canada.  I’ve done some business with them personally, by mail.  I found them to be very reliable, and their prices are competitive.  In doing some research for a consulting client, they were the only coin company that I could find that would accept Bitcoin directly from a personal crypto wallet, in payment.

and,

Titan Fitness /Titan Great Outdoors.

They make tractor attachments, fitness equipment, ATV-ramps and outdoor products like grill pits — all made in USA. Check them out.

Next week, I have a couple of specific barnyard projects planned. But this past week, it was just the usual manure hauling, livestock feeding, and firewood chores. Now, over to Lily:

Continue reading“Editors’ Prepping Progress”

The Editors’ Quote of the Day:

1

“Now it came to pass, when Adonizedec king of Jerusalem had heard how Joshua had taken Ai, and had utterly destroyed it; as he had done to Jericho and her king, so he had done to Ai and her king; and how the inhabitants of Gibeon had made peace with Israel, and were among them;

That they feared greatly, because Gibeon was a great city, as one of the royal cities, and because it was greater than Ai, and all the men thereof were mighty.

Wherefore Adonizedec king of Jerusalem, sent unto Hoham king of Hebron, and unto Piram king of Jarmuth, and unto Japhia king of Lachish, and unto Debir king of Eglon, saying,

Come up unto me, and help me, that we may smite Gibeon: for it hath made peace with Joshua and with the children of Israel.

Therefore the five kings of the Amorites, the king of Jerusalem, the king of Hebron, the king of Jarmuth, the king of Lachish, the king of Eglon, gathered themselves together, and went up, they and all their hosts, and encamped before Gibeon, and made war against it.

And the men of Gibeon sent unto Joshua to the camp to Gilgal, saying, Slack not thy hand from thy servants; come up to us quickly, and save us, and help us: for all the kings of the Amorites that dwell in the mountains are gathered together against us.

So Joshua ascended from Gilgal, he, and all the people of war with him, and all the mighty men of valour.

And the Lord said unto Joshua, Fear them not: for I have delivered them into thine hand; there shall not a man of them stand before thee.

Joshua therefore came unto them suddenly, and went up from Gilgal all night.

And the Lord discomfited them before Israel, and slew them with a great slaughter at Gibeon, and chased them along the way that goeth up to Bethhoron, and smote them to Azekah, and unto Makkedah.

And it came to pass, as they fled from before Israel, and were in the going down to Bethhoron, that the Lord cast down great stones from heaven upon them unto Azekah, and they died: they were more which died with hailstones than they whom the children of Israel slew with the sword.

Then spake Joshua to the Lord in the day when the Lord delivered up the Amorites before the children of Israel, and he said in the sight of Israel, Sun, stand thou still upon Gibeon; and thou, Moon, in the valley of Ajalon.” – Joshua 10:1-12 (KJV)

Preparedness Notes for Friday — January 29, 2021

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Today is also the birthday of journalist and inventor Thomas Paine (1737–1809.)

This is also the birthday of actor Tom Selleck (born 1945), best known for playing the title role of Magnum, P.I.. He is an avid shooter and quite pro-gun.

On this day in 1845 Edgar Allen Poe’s “The Raven” was published.

—

SurvivalBlog Writing Contest

Today we present another entry for Round 92 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. DRD Tactical is providing a 5.56 NATO QD Billet upper. These have hammer forged, chrome-lined barrels and a hard case, to go with your own AR lower. It will allow any standard AR-type rifle to have a quick change barrel. This can be assembled in less than one minute without the use of any tools. It also provides a compact carry capability in a hard case or in 3-day pack (a $1,100 value),
  5. Two cases of Mountain House freeze-dried assorted entrees in #10 cans, courtesy of Ready Made Resources (a $350 value),
  6. A $250 gift certificate good for any product from Sunflower Ammo,
  7. American Gunsmithing Institute (AGI) is providing a $300 certificate good towards any of their DVD training courses.

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 Glock form factor SIRT laser training pistol and a SIRT AR-15/M4 Laser Training Bolt, courtesy of Next Level Training, that have a combined retail value of $589,
  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. Naturally Cozy is donating a “Prepper Pack” Menstrual Kit.  This kit contains 18 pads and it comes vacuum-sealed for long term storage or slips easily into a bugout bag.  The value of this kit is $220.
  5. An assortment of products along with a one-hour consultation on health and wellness from Pruitt’s Tree Resin (a $265 value).

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. Two Super Survival Pack seed collections, a $150 value, courtesy of Seed for Security, LLC,
  4. A transferable $150 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!

Round 92 ends on January 31, 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.

Gear Review: Coast FL19 Headlamp, by The Novice

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Headlamps were first developed primarily for mining. Most other occupations could depend on natural light for at least part of each day, but deep pit mining was always carried out far from the friendly light of the sun. For millennia, miners had carried a source of artificial light like a torch, candle or lamp into the mines. They would fasten their light-source somehow to the wall of the shaft and set to work. About 1850 or so, someone in Scotland got the brilliant idea of attaching a small oil wick lamp above the brim of a cap, and the headlamp was born.

The early oil wick headlamps were smoky, sooty and did not give much light. In the early 1900s they were largely replaced by the carbide lamp, which used a cleaner and brighter acetylene flame. The problem was that both oil wick lamps and carbide lamps used an open flame, which could ignite explosive gases like methane which collected in the mines. Several major mine explosions in the early 1900s led to the development of the electric incandescent cap lamp, which came into wide use by the mid 20th century. The electric incandescent headlamp faced competition from florescent technology beginning in the 1970s, and then LED technology beginning in the 1990s.

During this time, there were also significant developments in battery technology. Lighter batteries were able to be installed directly in the headlamp rather than carried on the miner’s belt and attached by a cord to the lamp. In subsequent years, this improving technology has trickled down to the consumer level as well.

Headlamps for Missionaries?

Our church buys birthday presents each year for all of the missionaries whom we support. For many years, I have been the designated buyer. I consider myself to be a somewhat quirky buyer. I feel especially sorry for the missionary wives (they have, for example, received pink Swiss army knives in the past). But I do my best, and always try to keep an eye out for things that the missionaries might find to be useful.

Recently, I was in a hardware store and noticed a display of Coast FL19 headlamps on an end-cap near the checkout. The FL19 looked interesting. Most of our missionaries find themselves working outdoors at night from time to time. I knew from my own experience how useful a headlamp can be in such settings.Continue reading“Gear Review: Coast FL19 Headlamp, by The Novice”

Economics & Investing For Preppers

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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 recent GameStop stock fiasco. (See the Equities section.)

Precious Metals:

Peter Krauth: Gold Bull Will Run For Years – Here’s Why

o  o  o

Gold to push above $2,000 as Saxo Bank sees 2021 as the start of broad commodity bull market

o  o  o

Inflation or deflation? Markets most likely to see ‘extremes,’ but gold price benefits, says WGC

Economy & Finance:

Will Biden’s Policies Lead to Job Losses? Here Are Possible Economic Impacts of Four of Them.

o  o  o

At Zero Hedge: US Economy Set To Overheat As Households Are Flooded With $2 Trillion In Excess Savings

o  o  o

H.L. sent us this link: In 2020 US Treasury Federal Revenue dropped by -34.7% which was the 2nd largest drop in history just behind 1929…

Continue reading“Economics & Investing For Preppers”

The Editors’ Quote of the Day:

“By placing discretion in the hands of an official to grant or deny a license, such a statute creates a threat of censorship that by its very existence chills free speech.” – Supreme Court Justice Harry A. Blackmun