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. 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, I’m repeating my warning to set Stop Loss Orders, before the stock market becomes a pig slaughter market. (See the Stocks section.)

Precious Metals:

First off, there is this from Arkadiusz Sieroń: One Year after QT Started, Gold Price Still Unmoved

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Gold Remains Firm Despite Stronger U.S. Dollar

 

Economy & Finance:

At CNBC: Strength of the US economy is unequivocal, expert says

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Ex-Fed chief Greenspan: This is the tightest labor market I’ve ever seen

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Charles Hugh Smith: The Coming Inflation Threat: The Worst Of Both Worlds

 

Stocks (Stop Loss Orders):

Fair warning, once again: In today’s mega-bubble market, I cannot overemphasize the importance of placing stop loss orders on your individual shares, mutual funds, and stock ETFs. I first firmly suggested this approach, back in 2017. Unless you have given your broker (or broker-bot) a standing order to sell your position once a stock declines 8%, then you are likely to get burned, and burned badly in the next 18 months!  Remember the old market adage: “Bulls make money, and bears make money, but pigs get slaughtered.”

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Now, on to this at Seeking Alpha: QQQ: The Netflix Effect

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Some analysis from Chris Ciovacco: 199 Days After The Peak:  2000 Vs. 2007 Vs. 2018

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Preparedness Notes for Sunday – October 21, 2018

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On this day in 1950, Chinese forces invaded Tibet, beginning a brutal occupation that still continues. For some insight on Tibet in the late 1940s and early 1950s, I recommend the book Seven Years in Tibet.

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SurvivalBlog Writing Contest

Today features another entry for Round 79 of the SurvivalBlog non-fiction writing contest. The nearly $11,000 worth of prizes for this round include:

First Prize:

  1. A $3000 gift certificate towards a Sol-Ark Solar Generator from Veteran owned Portable Solar LLC. The only EMP Hardened Solar Generator System available to the public.
  2. A Gunsite Academy Three Day Course Certificate. This can be used for any 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 (an $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 Model 175 Series Solar Generator provided by Quantum Harvest LLC (a $439 value),
  2. A Glock form factor SIRT laser training pistol and a SIRT AR-15/M4 Laser Training Bolt, courtesy of Next Level Training, which have a combined retail value of $589,
  3. A gift certificate for any two or three-day class from Max Velocity Tactical (a $600 value),
  4. A Three-Day Deluxe Emergency Kit from Emergency Essentials (a $190 value),
  5. RepackBox is providing a $300 gift certificate to their site, and
  6. 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).

Third Prize:

  1. A Royal Berkey water filter, courtesy of Directive 21 (a $275 value),
  2. A large handmade clothes drying rack, a washboard, and a Homesteading for Beginners DVD, all courtesy of The Homestead Store, with a combined value of $206,
  3. Expanded sets of both washable feminine pads and liners, donated by Naturally Cozy (a $185 retail value),
  4. Two Super Survival Pack seed collections, a $150 value, courtesy of Seed for Security, LLC,
  5. Mayflower Trading is donating a $200 gift certificate for homesteading appliances.

Round 79 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.

Preparing for Winter and What It Can Teach Us About Prepping, by Erik

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Ready or not, winter is on its way. As my family is working through finishing our items to get the homestead ready for winter, I couldn’t help but think of the parallels to prepping in general.

For our winter “turndown service” of the homestead, we work from a list that has been refined over the last several years so that nothing is overlooked or ignored. The list is prioritized so bigger jobs don’t get put off to the end and critical items get the attention they deserve.

This is also the similar approach we take to prepping in general, and I wanted to share a couple of examples of the similarities as I see it.

Fuel

We have a variety of equipment and machines that require fuel. Some of these are seasonal, and some fuel is stored long term. So, storage requires some effort.

Continue reading“Preparing for Winter and What It Can Teach Us About Prepping, by Erik”

The Survivalist’s Odds ‘n Sods:

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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”. What do think the most important guns in history are?

Brazen Thieves

Reader P. sent in this news report from San Francisco showing just how brazen thieves have gotten in the area. In the town of Antioch thieves are approaching cars that are stopped at intersections or are parked on the street with the occupant in them. In one case that is profiled, the thief ran up to a car stopped at a red light, smashed the window of the car, took the purse, and escaped in another vehicle that had no license plate on it. This is just one more indication that you can’t be in public and be oblivious to everything around you. Even in a moving vehicle, you have to be aware of your surroundings at all times.

Important Guns in History

Every generation has a firearm that is either unique in its approach to function or is ubiquits enough to have widespread use and makes a significant difference in society. Reader DSV sent in this article that profiles what the author believes are the five most significant weapons in America’s history. I’m not a history buff, but from what I know, I would tend to agree with this list. There are obviously omissions from the list since it is limited to just five, but these five have had a huge impact on our history. The last two on the list are still having a significant impact even though one of them is over 100 years old.

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

The Editors’ Quote of the Day:

“Therefore it is of faith, that it might be by grace; to the end the promise might be sure to all the seed; not to that only which is of the law, but to that also which is of the faith of Abraham; who is the father of us all, (as it is written, I have made thee a father of many nations,) before him whom he believed, even God, who quickeneth the dead, and calleth those things which be not as though they were. Who against hope believed in hope, that he might become the father of many nations; according to that which was spoken, So shall thy seed be. And being not weak in faith, he considered not his own body now dead, when he was about an hundred years old, neither yet the deadness of Sara’s womb: he staggered not at the promise of God through unbelief; but was strong in faith, giving glory to God; and being fully persuaded that, what he had promised, he was able also to perform. And therefore it was imputed to him for righteousness. – Romans 4:16-22 (KJV)

Backup Power, A Review by KS

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Backup power for when the grid goes down or you have to bug out should be an important part of everyone’s prepping plan. For some, that power supply might be more important than others, especially those with medical conditions. Those might be people on dialysis, CPAP machines, or any other health-related electrical pieces of equipment. Then, there’s the obvious short-term food storage issue we think about relating to our refrigerators and freezers. Long-term uses might include recharging batteries, running Ham radio equipment, et cetera.

Real Options For Backup Power

For many years, the only real option for backup power was to either go off-grid completely or have a backup gas generator. While some people might have a liquid propane backup house generator, a lot of people, especially those on natural gas, may not see that as an efficient option. We all know the downsides to gas generators. Those concerns include fuel storage, loud noise, odorous exhaust, and necessary outdoor operation. There is also the maintenance issue of starting it up periodically and ensuring the seals are still in good shape.

Solar Generators, A Viable Option

In the last several years though, solar generators have become a much more viable option. A majority of the cons associated with gas generators are not factors with solar generators, including fuel storage, which is no longer (although you may want to store gas for other applications). Solar generators are virtually silent, with the exception of some that emit a soft hum. There is no exhaust or other byproduct, and they can be used indoors in a safe and protected environment.

Continue reading“Backup Power, A Review by KS”

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. Steadily, we work on meeting our prepping goals. In this column, the SurvivalBlog editors review their week’s prep activities. They also often share their planned prep activities for the coming week. These range from healthcare and gear purchases to gardening, property improvements, 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!

JWR

Dear SurvivalBlog Readers:

Out in our parts, deer and elk hunting season will soon be opening. But this year I’m actually half-hoping that I don’t get an elk. There just isn’t enough room available in our chest freezers. They are presently stuffed full of beef from our ranch, poultry that we raised and butchered.ourselves, and copious garden produce.  So if I do indeed bag an elk, then it will mostly go to charity.

I was glad to see that our neighbor on one side has begun thinning his woods.  He owns close to 300 acres, and the portion that adjoins our ranch is heavily wooded. By thinning trees, “parking” (trimming off lower limbs), clearing underbrush, and picking up deadfallen trees and limbs to roughly match what I’ve gradually done, he’s made both of our properties less susceptible to wildfires. Thanks, neighbor!

Continue reading“Editors’ Prepping Progress”

The Survivalist’s Odds ‘n Sods:

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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”. A reader submitted a fascinating review of the politics of Starship Troopers today.

Polio-Like Disease

According to this article sent in by reader H.L. there have been 62 confirmed reports of “acute flaccid myelitis” (AFM) across 22 states in the U.S. This is a disease very similar to Polio. The CDC says that states are not mandated to report the numbers to the CDC so the number of cases could be higher. While the disease currently remains fairly rare, the similarities to Polio are causing concern. The disease affects the spinal cord and can cause partial paralysis. It mostly affects children and young adults and can be caused by a variety of causes like toxins in the environment, genetic disorders or other viruses like West Nile or adenovirus.

The State of the American People

True to form, criminals are having a heyday in Florida. While anyone with any sense and/or compassion are concerned first about life saving and then about survival, criminals have other thoughts. According to this article sent in by reader G.P., armed looters are targeting homes and businesses that remain without electricity. Deputies have arrested quite a few looters who started just as soon as the storm abated. In some cases, the occupants are actually home, but the normal security of locked doors and alarms are non-existent. So far, there have only been reports of theft, but with the looters being armed, it’s only a matter of time before someone gets shot or stabbed.

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A SurvivalBlog reader sent in this link to Western Rifle Shooters Association on a conversation that occurred during Hurricane Michael. The exchange happened as several men were trying to lash doors shut while winds were howling at 140 mph through the school hallway. The author and his daughter were the only people who had a leatherman to cut rope with. Even during this desperate life-saving tactic, there were those who were appalled the author had a knife at school. While not descriptive of all Floridians, I fear that the U.S. is filled to the brim with people like those described. This story is actually reprinted from the comments of another article on masculinity. Both are worth a read. Note that there is foul language in this article.

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

Preparedness Notes for Friday – October 19, 2018

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October 19th is the birthday of three notables– the late Alexander Zeisal “Zus” Bielski (born 1912), investor Jim Rogers (born 1942), and James Howard Kunstler (born 1948). Kunstler is well known to SurvivalBlog readers as the author of the novel World Made by Hand and the nonfiction book The Long Emergency. A fictionalized portrayal of Zus Bielski is seen in the movie Defiance. This movie was loosely based on the excellent book Defiance: The Bielski Partisans by Nechama Tec.

The Myth Of The Eternal Market Bubble And Why It Is Dead Wrong, by Brandon Smith

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Economic collapse is not an event — it is a process. I’ve been saying this since the initial 2008 crash, and I suppose I will keep saying it until it burns into people’s minds because I don’t think that it is a widely understood concept. When alternative analysts talk about financial collapse, we are not talking about something that suddenly happens out of the blue, we are talking about an ongoing decline that occurs in stages. This decline is happening today in the U.S. and around the world, and it has been accelerating since the chaos of 2008. When we bring up the reality of collapse, we are referring to something that is happening NOW, not something waiting on the distant horizon.

The reason why some analysts can see it and others cannot is most likely due to the delusions surrounding market bubbles. These fiscal fantasy worlds are artificially created by central bank intervention and represent an attempt to mislead the populace on the true health of the system — for a limited time. People with foresight see beyond the false data of the bubble to the core economic reality; other people see only the bubble and nothing else.

When it comes to stock markets, bond markets, forex markets and the general casino economy, much of the public has a terrible inability to look beyond the next month let alone the next year. If the markets appear good now, the assumption is that they will always be good. If the central banks have intervened for the past 10 years, the assumption is they will intervene for the next 10 years.

Continue reading“The Myth Of The Eternal Market Bubble And Why It Is Dead Wrong, by Brandon Smith”

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. 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 Expatriation.  (See the Economy & Finance section.)

 

Precious Metals:

Last Week’s Gold Breakout Wasn’t “Real” – Bloomberg Intelligence

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IMF Issues Dire Warning – ‘Great Depression’ Ahead?

 

Economy & Finance (Expatriation):

The OECD has clearly had its feelings hurt by people lawfully avoiding taxes, through expatriation. Here is the OECD’s report: Residence/Citizenship by investment schemes. Some ground truth: If you obtain new citizenship, you then come under a new sovereignty. Your old sovereign’s taxing minions can no longer lay claim to your substance. Of course you might just be trading one task master for another, so don’t expatriate without carefully weighing all of the costs and benefits.

It is noteworthy that several of the countries mentioned in the OECD’s Bad Boy list will sound familiar to SurvivalBlog readers, as potential offshore retreat locales.

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Moving on to this at Wolf Street: Who Bought the $1.6 Trillion of New US National Debt Over the Past 12 Months?

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Over at Bloomberg: Luxury-Jet Market Is So Hot That Even Used Planes Are Selling

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Venezuela Ditches US Dollar, Will Use Euros For International Trade

 

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