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 Swiss Watches. (See the Economy & Finance section.)
Jay Blevins is a former law enforcement officer who is prepping with his family and neighbors for a global economic collapse. Brian Murdock and his Colombian wife-to-be Tatiana are preparing to relocate from suburban Somerville, Massachusetts to somewhere in Upstate New York. Tatiana overcomes her initial reluctance to Brian's prepping ways. Bryan and Lacey May are Indiana preppers preparing for an earthquake along the New Madrid Fault Line. They are stockpiling uses silver and gold to barter with, they also have a Massive Battery Backup to run their home with Wind and Solar Power and Stock food and antibiotics.
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There are two scenarios everyone—prepper or not—should count on: losing power and being stranded in your car. I’m a big believer in backup power. I keep an emergency power supply plugged into an outlet in my apartment; it has a trickle charger so I can forget about it until my block goes dark. In my car, I keep extra blankets, a LifeStraw portable water filter, lighters, and Millennium energy bars. It’s not the Four Seasons, but at least my family will be able to survive 48 hours in our Honda Pilot. One thing to consider: You need to be with your gear when a disaster strikes. When Sandy hit in 2012, our whole family was in Connecticut while all my gear was in Manhattan. My wife had a good laugh. These days, my everyday bag is a waterproof Showers Pass backpack where I stash a small set of screwdrivers, multitool, glass breaker, three flashlights that use the same type of batteries, and a spool of Kevlar thread, all sorted in plastic bags. There’s a spoon and fork in there, too, because if I have to eat an MRE for dinner, I might as well look civilized while I do it.—Wylie Dufresne, Michelin-starred Chef, Owner Of Du’s Donuts, Prepper
As Huffman, of Reddit, observed, our technologies have made us more alert to risk, but have also made us more panicky; they facilitate the tribal temptation to cocoon, to seclude ourselves from opponents, and to fortify ourselves against our fears, instead of attacking the sources of them. Justin Kan, the technology investor who had made a halfhearted effort to stock up on food, recalled a recent phone call from a friend at a hedge fund. “He was telling me we should buy land in New Zealand as a backup. He’s, like, ‘What’s the percentage chance that Trump is actually a fascist dictator? Maybe it’s low, but the expected value of having an escape hatch is pretty high.’ ”
Craig Compeau is a third-generation Alaskan who is prepping for a government takeover. Craig has set up a remote bugout InterShelter in the Alaskan wilderness. We also meet 44-year-old adventurer David Lakota who depends on his intuition and connection to nature to survive a giant tsunami and the mountainous terrain of Hawaii. During the program David and his girlfriend Rachaelle bug out with minimal supplies from the Kalalau Valley on Kaua'i to the 4000' high plateaus above.
If marauding neighbours, starvation and the putrefaction of family members’ corpses wasn’t harrowing enough, the magazine also obsessed over the threat posed by vermin and feral animals that were expected to roam the nuclear wasteland. “A wounded rat can be very dangerous and may attack while you are trying to reload,” explained one article. “If it is necessary to deal with a pack of rats help may be required.”
While Johnny Cash advised us against falling into a ring of fire (good advice), I don’t think he would have seen this one coming. The Ring O Fire kit from Live Fire Gear combines three great products into one fire-friendly pack. The trio starts with a hot-sparking ferrocerium rod. Next comes 25 feet of FireCord. This eight strand 550 cord has an extra strand that is highly flammable. Just cut a short section free, and pull out the red strand for a volatile tinder material. You also get a Live Fire Original Emergency Fire Starter. This small tin has a fuel soaked wick inside, which burns for 30 minutes with the lid completely removed, and much longer when the lid is only partially opened. Place the Live Fire tin under your kindling to start a campfire, or use it as a candle. This sleek kit is a great fit for your camping gear, vehicle, tackle box, disaster kit or bug out bag.
One of that era's icons remains — a massive underground bunker designed to protect all 535 members of Congress and their aides against nuclear war. Dug into the Allegheny Mountains at the Greenbrier resort in White Sulphur Springs, W.Va., it once had 75,000 gallons of water, a power system, medical and food services, 30-ton blast doors, art of the last days of Pompeii and a mural of Washington scenery that was capable of changing leaves on the trees, depending on the season.
“And carnal nature said, ‘I’ve got eight shots, they’re not by their weapons, I’m going to kill every damn one of them.’ And then I saw the women. Hollow-faced, it looked like you had draped skeletons with cloth. Horrible, and the children were the same way. Far, far worse than anything I had ever imagined. I could see it, I could smell it, I could taste it, I could feel it. It was real. It’s going to be an experience you don’t want to go through.”—A dream Len Pense had, circa Fall 2017.
Later that day, the 69-year-old Janet Randall also confesses to sabotaging the group. She was at the first meetup, and between clanks and frothy whirs from the espresso machine at the Starbucks on Glenstone Avenue, I learn how Brutus got rid of Caesar. From Randall’s, Dr. Shealy’s, Allen’s, and Louis’ accounts, here’s what happened: One day last year, during Finelli’s pneumonia hiatus, Dr. Shealy brought in a spiritual healer, as he had for years without complaint.
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Johnson wishes that the wealthy would adopt a greater “spirit of stewardship,” an openness to policy change that could include, for instance, a more aggressive tax on inheritance. “Twenty-five hedge-fund managers make more money than all of the kindergarten teachers in America combined,” he said. “Being one of those twenty-five doesn’t feel good. I think they’ve developed a heightened sensitivity.” The gap is widening further. In December, the National Bureau of Economic Research published a new analysis, by the economists Thomas Piketty, Emmanuel Saez, and Gabriel Zucman, which found that half of American adults have been “completely shut off from economic growth since the 1970s.” Approximately a hundred and seventeen million people earn, on average, the same income that they did in 1980, while the typical income for the top one per cent has nearly tripled. That gap is comparable to the gap between average incomes in the U.S. and the Democratic Republic of Congo, the authors wrote.
3. The water will slowly filter through the charcoal and drip out of the cap. Put a bandanna or another cloth over the hole to filter out any bits of charcoal. (If you’re experiencing intestinal distress—and you very well might be, since your body goes into different kinds of shock in these situations—eat a little bit of the charcoal. It’ll help bind you back up.)