Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Nickels. The U.S. five cent piece “Nickel” is the only currently minted U.S. circulating coin that has a metals content close to its face value.  It costs the U.S.  Treasury around 7.2 cents to produce each Nickel. (See the Tangibles section near the end of this column.)


Precious Metals:

First, this from Warren Bevan: Precious Metals Massacre

o  o  o

Next, at Investopedia: Top 4 Platinum Stocks for 2017 (SBGL, PLG)


Commodities:

Now, on to this headline: Oil prices plummet 3 percent on oversupplied market

o  o  o

Arthur Berman: The Shale Gas Revolution Is A Media Myth

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Harvest Right: The Good, The Bad, and The Ugly – Part 2, by HJL

The Ugly

Yesterday, I talked about the changes that have been made to the Harvest Right Freeze Dryer in their new model that made it worthwhile to upgrade. We also reviewed some of the annoying things about the unit that make it difficult. Today, I’m going to review some of the “uglier” aspects of this unit. SurvivalBlog holds a high standard when it comes to product reviews. You’re going to get the bad with the good here. If you purchase this unit based upon our reviews, you’re going to know what to expect. I already covered the major changes that Harvest Right made to the new unit. These “uglier” aspects deal mostly with just owning and operating this type of device. Unless otherwise noted, it applies to both the older model and the newer model.

The Elephant In The Room – Price

Let’s get this out in the open right up front. Most people complain about the price on this machine. But it’s really a matter of perspective. Prior to Harvest Right, you had basically two options: 1) Make your own, or 2) Spend more than $10,000 (and usually closer to $30,000) for one of comparable capability. Is price really an issue then? If you purchase this unit at full Manufacturer’s Suggested Retail Pricing, you will still be paying less than half of what any other freeze drying unit I’ve found costs. Sure, we want it all. I’d love to have the capabilities of this unit for the price of a good kitchen appliance. I don’t think that’s being very realistic.

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Letter Re: Food Storage Expiration

Hugh,

First, let me share a little background. I spent 20 years in the industrial labeling area, putting labels on everything from small engines to processed food.

This experience has given me a critical eye on the expiration dates printed on consumer packaging. I can tell you that the production people, the ones sweating on the packaging lines, are very concerned about the safety of what they are working on. Most of them consider the dates they have to put on the cans, jars, boxes, et cetera as a joke. They know that the packaging they are sending down the line is good for decades.

With apologies to the bulk packaging/home canning advertisers, I feel you just cannot, in a home kitchen setting, match the quality of an industrial kitchen run by professionals. Is it “over cooked?” Maybe, but it is safe. (If you are canning home grown stuff, go for it! I grew up on that kind of thing.)

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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 “HJL”. Since today seems to be all about food storage and/or freeze dried food, we’ll lead with that.

Freeze Dried Food in Your Luggage

Mother Earth News ran a short info-article on some of the benefits of traveling with freeze dried food in your luggage. As today’s article talked about, it gives you the ability to have healthy snacks and meals that you actually like. No more living off of restaurant or fast food. They also don’t tend to go bad on you. It’s easy and if you make your own, it’s no big deal or expense. Note that they are selling products on this page, but the information on this page is good.

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Editors’ Quote of the Day:

“For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in. And so all Israel shall be saved: as it is written, There shall come out of Sion the Deliverer, and shall turn away ungodliness from Jacob: for this is my covenant unto them, when I shall take away their sins. As concerning the gospel, they are enemies for your sakes: but as touching the election, they are beloved for the fathers’ sakes. For the gifts and calling of God are without repentance. For as ye in times past have not believed God, yet have now obtained mercy through their unbelief: even so have these also now not believed, that through your mercy they also may obtain mercy. For God hath concluded them all in unbelief, that he might have mercy upon all.” Romans 11:25-32 (KJV)





Harvest Right: The Good, The Bad, and The Ugly – Part 1, by HJL

Intro

Three years ago I reviewed Harvest Right’s Freeze Dryer (Part 1, Part 2, and Part 3). Since then, Harvest Right has updated their freeze dryer with many improvements and new features. SurvivalBlog felt is was time to re-visit this subject and update the review based upon these new and improved features. We’ll also include many of the operating tips that we have learned along the way. We’ve been running the new model of the freeze dryer (FD) for almost a year now, right along side the old model. It made the comparison very easy on the new features.

The Good

Harvest Right has obviously been responsive to their user base. They’ve listened to the issues, made improvements that the users have suggested, and incorporated many of their customer’s suggestions into the redesigned FD. The original model that we reviewed had a matte black finish and looked like an industrial machine. While it sat on my kitchen counter for most of a year while we profiled it, it was ugly. It also stood out like a sore thumb with every guest to our house immediately attracted to it.

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The Editors’ Preps for Week

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 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 also welcome you to share your planned activities for increasing personal preparedness in the coming week. (Leave a Comment with your project details.) Let’s keep busy and be ready!  This week’s focus is on NOLO Bait.

JWR

Dear SurvivalBlog Readers,

This has been a very busy and hot week for us here in the American Redoubt.

A Camping Outing

We had a marvelous time with our friends camping during this past weekend. It was a somewhat primitive campground, located on the shores of a reservoir. We didn’t have any running water, nor toilet facilities, nor power. We brought our own well water for drinking and for hygiene from home. Cooking was done both over a fire in cast iron pans and over a propane stove; Beef stew, pancakes, sausage and eggs were cooked over the fire.

The children and adults swam, fished, and went rock hounding and collected driftwood. Children played board games while the adults talked about world and spiritual issues. A 30″ Northern Pike was caught. Jim gutted and cleaned it, and our friend cooked it over the campfire in coconut oil and a mixed Cajun seasoning. It was quite tasty. The children, surprisingly, really enjoyed it. Some of us took a hike to identify the local edible plant species that will be producing their abundant fruit during the next weeks.

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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 “HJL”. Leading with a quote from Mike Rowe.

Jobs

There is a growing disparity in job outlook in the U.S. right now. For years, our pseudo indoctrination camps education system has hammered home the concept that a college education is mandatory and in many cases is refusing to grant diplomas for those who have not enrolled in a college. But there is a whole sector of high paying blue-collar jobs that continue to go unfilled. Tucker Carlson recently interviewed Mike Rowe (of Dirty Jobs fame). The interview was focused on “emojis” but ended on his advice about today’s young people interviewing for a job. I absolutely love his advice:

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Editors’ Quote of the Day:

“Balaam the son of Beor hath said,
and the man whose eyes are open hath said:
he hath said, which heard the words of God,
and knew the knowledge of the most High,
which saw the vision of the Almighty,
falling into a trance, but having his eyes open:
I shall see him, but not now:
I shall behold him, but not nigh:
there shall come a Star out of Jacob,
and a Sceptre shall rise out of Israel,
and shall smite the corners of Moab,
and destroy all the children of Sheth.
And Edom shall be a possession,
Seir also shall be a possession for his enemies;
and Israel shall do valiantly.
Out of Jacob shall come he that shall have dominion,
and shall destroy him that remaineth of the city.” – Numbers 22:15-19 (KJV)





June in Precious Metals by Steven Cochran of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Chochran of Gainesville Coins, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers.

What Did Gold Do in June?

Gold made another run for the $1300 mark in early June. It closed at $1,294 an ounce on June 6th. This was not acceptable to the market manipulators, so they engineered a “take down” in gold later in the month. By trading 1.8 million ounces of gold (61.7 U.S. tons) in one minute, this “mystery” transaction chopped the gold price to a six-week low.

Gold prices stabilized at the end of the month but still posted the first monthly loss of the year. Even after June’s losses, gold is still 8% higher for the year (chart).

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Letter Re: Food Storage Expiration

I have always wondered about food storage manufacturers’ claims about the shelf life of their products. Many claim 30 years shelf life for what they sell. Of course, the question is how can the consumer ever know that this is true?

Many purchasers are dead and buried by the time 30 years pass. Who could ever go back and demand that their money be returned if it did turnout that the product had gone bad?

I know one fellow who obtained No. 10 cans of wheat from a small survival food manufacturer. When he opened a can several years later, to his horror, he found the contents to be moldy. He began opening other cans and found that all of the others were similar. That would obviously be a very bad thing, even something fatal to discover during a long-term emergency.

I believe that many survivalist/preppers, like me, are reluctant to open relatively expensive cans of stored products to test them. Having paid the money for the product, they are reluctant to “waste” it by using it during normal times.

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