Economics & Investing

2

Here are the latest items and commentary on current economics news, market trends, stocks to watch, investing opportunities, hedges, derivatives, and the precious metals markets. These are all from the quirky “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR:

Precious Metals:

Richard Postma was recently a guest on the Korelin Economics Report radio show. Doc says: “There are some moving averages that have turned against the metals and will take time to recover. Summer is typically a rough time for the metals but we could see a the turn by the end of the year.”

Commodities Economics:

The price of nickel ore has been fairly steady for the past two weeks. For those readers who took a hedge position in U.S. Nickel coins, my advice is to continue to hold them. Regardless, time is on your side!

Continue reading“Economics & Investing”

The Editors’ Quote Of The Day

12

“The first pressing issue facing us is living space. This is the biggest focus of the revitalization of the Chinese race. In my last speech, I said that the fight over basic living resources (including land and ocean) is the source of the vast majority of wars in history. This may change in the information age, but not fundamentally. Our per capita resources are much less than those of Germany’s back then. In addition, economic development in the last twenty-plus years had a negative impact, and climates are rapidly changing for the worse. Our resources are in very short supply. The environment is severely polluted, especially that of soil, water, and air. Not only our ability to sustain and develop our race, but even its survival is gravely threatened, to a degree much greater than faced Germany back then Anybody who has been to Western countries knows that their living space is much better than ours. They have forests alongside the highways, while we hardly have any trees by our streets. Their sky is often blue with white clouds, while our sky is covered with a layer of dark haze. Their tap water is clean enough for drinking, while even our ground water is so polluted that it can’t be drunk without filtering. They have few people in the streets, and two or three people can occupy a small residential building; in contrast our streets are always crawling with people, and several people have to share one room.

Continue reading“The Editors’ Quote Of The Day”

Notes for Thursday – May 04, 2017

SurvivalBlog readers will notice some changes in our look this morning. We’ve been listening to our readership over the last year and have compiled a list of desired formatting options that they want to see. Primarily, you’ll notice we are now in a two column format. This gives us a bit more editorial space so things like tables are formatted better. There are other changes so we invite you to explore the site.

Important Anniversaries

On May 4, 1970, Ohio National Guardsmen opened fire on anti-war protesters at Kent State University, killing four students and wounding nine others.

Also on this day in 1994, Israeli Prime Minister Rabin and PLO leader Arafat signed an accord on Palestinian autonomy. The accord granted self-rule in the Gaza Strip and Jericho. The world believed that this created  peace at last in the Middle East. Of course, the Palestinians then, as now, threw away the peace agreement and resumed hostilities towards Israel.

 

Where To Start Prepping, by S.H.

2

If you are reading this, you are probably like many people trying to get a grasp on “prepping” and a general idea of what you need to do or not do to start prepping. If you’re reading articles in this blog then you are doing one of the first steps in the “prepper” lifestyle. You are educating yourself. Make no mistake, that is one of the most important steps. Now I’m no expert by any means, but I have been down this road. I’m going to give a few tips to at least help get you started in the right direction.

Knowledge

Again, if you are reading this you are well into this step. There is truth in the statement that knowledge is power. There are books, articles, YouTube videos, and blogs on any range of topics that you could remotely be interested in. So, finding information on weapons, medical issues, and homesteading is available. Well, you get the idea. Any special skill you want to learn is out there. There is no excuse for not getting the information you need. Don’t forget to research what has happened in areas where disasters have happened, like Katrina.

Continue reading“Where To Start Prepping, by S.H.”

Letter Re: SurvivalBlog Archive

1

SurvivalBlog gets a letter about the Archive:

I am very pleased with my purchase of the SurvivalBlog Archive. The search function is very impressive, and the content rivals and surpasses any resource that I’ve ever seen. Its number one asset is that it is wholly portable and Internet independent.

In comparison, the other day I spent way too much time on a government website trying to get information on some basic topics that they claimed to be the authority on. It was a numbing experience of being led to dead links. I left the building discouraged. Endless round-a-bout links were also painful. Every so often I hear the saying “we have the best government that money can buy”. Imagine how dysfunctional the archive would be  if it was commissioned by a committee out of Washington D.C.  Remember the inauguration of the Affordable Health Care Act website? Thanks again. – RT

The Survivalist’s Odds ‘n Sods

7

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.

Social Unrest

Many of our readers took notice when we posted the link to Arizona’s John Brown Gun Club. The irony was in the “fake” rifles that many carried as an open-carry protest. Today, SurvivalBlog reader B.B. updated us on their progress. Apparently, they were offended at being caught carrying toys under the guise of open-carry, so this time they posted a video of their range practice. I know they are trying to show how mean and tough they are, but it’s hard not to laugh. They really seem to want to pick a fight though.

Reader P.S. sent in this link from All Outdoor on dangerous gangs when the SHTF. I tend to agree with the author. I know that there are alot of quality officers out there, but I also know that ethics are already out the window and we are just barely managing to stay civilized. When pushed over the brink, the uniform is a symbol of power. It’s not even that they are bad people (though they may be). If you dehumanize the target, they think they are doing the right thing.

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

The Editors’ Quote Of The Day

15

“The world is now witnessing the final stage of pre-war preparations. The communists have always planned to use North Korea as a trip wire for war with the West. As the current tensions escalate, military experts believe that war could begin on the Korean peninsula before summer. Russia and China have also begun full scale mobilizations, and experts in Europe are now warning that a world war could come as soon as fall.

Donald Trump has warned that ‘North Korea is looking for trouble’, insisting that if China does not decide to help the US ‘will solve the problem without them.’ The US President made this extraordinary statement on Twitter, his warnings backed up by sending a US carrier battle group to the area.

The general public in the West assumes the United States is a lone super power and therefore can act unilaterally without serious consequence. The thought that US forces might be defeated by the communist nations is dismissed as absurd. Unfortunately, this confidence in American military supremacy is no longer based upon reality, and rather now relies upon hubris alone. The belief that the US remains the world’s lone superpower is seriously misplaced as the balance of military power has shifted dramatically over the last fifteen years only no one bothered to inform the American public. The US no longer holds a clear upper hand in today’s conventional or nuclear battlefield.” – Benjamin Baruch, in an April, 2017 essay titled: The March to World War III

Experiencing Anaphylaxis, by Breathing Better Now

5

This year, I dealt with anaphylaxis and it really clarified some issues with our prepping. Though I have been a prepper most of my life, I didn’t realize that was what I was until eight years ago. Most of the prepping that I did was food storage. I did it for stewardship not prepping for the apocalypse. I would buy supplies in large quantities when they were at “rock bottom”, once-a-year sale prices. Each time an item we used would be on sale, I would buy as many as I could afford and use before the expiration date. My wakeup call was the 2008 presidential election. I still remember sitting in disbelief at the outturn of the vote. Confused, concerned, and motivated, I did not see much hope for the future of my country or my children. After a few weeks of shock, I decided to take action.

A local group

I started researching all things prepping. I convinced my husband that we should attend a local group’s weekly meetings. He went along because he loves me and my quirky ways. Each week they had a different speaker. Most of them were very good resources. We not only attended the meetings but became so involved that when one of the people we met had a prepper expo, we volunteered to help because we wanted it to be a success.

Continue reading“Experiencing Anaphylaxis, by Breathing Better Now”

Economics & Investing

 

Here are the latest items and commentary on current economics news, market trends, stocks to watch, investing opportunities, hedges, and the precious metals markets, all from the quirky “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR:

Stocks:

Should we embrace the froth or dump the currently over-bought American stocks? Prudence dictates the latter. Therefore hedge into tangibles like silver, folks.

Commodities Economics:

Because of higher crude prices and the first approved shipments to Asia, the Bakken shale oil producing region as well as the adjoining oil fields in Alberta seem to be bouncing back from their recent slump. (That slump can be directly traced to a secret agreement between the Obama Administration and the Saudi monarchy.  Hence there was a glut in oil production and consequently a collapse in global crude oil prices.)

Continue reading“Economics & Investing”

Notes for Tuesday – May 02, 2017

On May 2, 1945, the Soviet Union announced the fall of Berlin and the Allies announced the surrender of Nazi troops in Italy and parts of Austria.

Also, today is  Iyar 5th (May 2nd in 2017), The Independence day of Israel.

o o o

Seed for Security is having a sale where all eight collections are now 20% off. Plan ahead – plant a garden-learn how to save seeds or store fresh seeds for future gardens.

April in Precious Metals by Steven Cochran of Gainesville Coins

2

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

What Did Gold Do in April?

Gold prices started April steady, after gaining 8.1% in the first three months of this year. This changed on the 4th, when gold rallied after North Korea launched a missile into the Sea of Japan. President Trump ordered a cruise missile strike boosing Gold. The Syrian airfield is thought to have been the staging point for a poison gas attack on civilians. The resulting safe haven demand saw gold gain $30 an ounce in three days.  Gold made runs closing above $1,290 multiple times. However, it was unable to sustain more than momentary breaks above this important level. Even so, spot gold stayed above $1,280 an ounce until the French Presidential elections on the 23rd. The centrist candidate won the first round. That began a slide in gold prices to end near where it started the month.

Continue reading“April in Precious Metals by Steven Cochran of Gainesville Coins”

Letter Re: Karatbars

3

Hugh, I love your site and read it almost daily. I was wondering if you know anything about Karatbars? One of my coworker’s pastor is promoting them. The ones he has shown me look like gold leaf on a business type card. Is this worth looking at, in your opinion? It’s European Euros currency exchange from what I see. Thanks for your time and input.

HJL’s Comment

Karatbars is nothing more than a multi-level marketing scheme. As I write this, you can purchase 1 troy ounce of gold from APMEX for $1294.49. Karatbars is selling 1 troy ounce of gold for $2090 if you buy in bulk (100gm for $6270) or $2262 if bought by the 1gm bar. You can get better pricing by buying into the multi-level marketing, but they are still way over-priced. In addition, their product is an “unknown”, as there currently isn’t any convenient way to verify authenticity if TEOTWAWKI happens. I would stick with standard products in standard denominations. If gold is too pricey, look to silver in the smaller denominations. I wouldn’t touch Karatbars with a “10-foot pole”.

For information on trading in precious metals, you might consider this article on SurvivalBlog: Trading in Precious Metals, by Kestrel