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.)
After 9/11, my dad filled a duffel bag with some energy bars, a couple gallons of water, some penicillin, and a map. Amid scaremongering headlines about imminent anthrax and “dirty bomb” attacks in the city, he wanted to have some supplies on hand in case we needed to get out of Brooklyn fast. Were he to assemble such a bag today, he’d likely stumble on a number of companies promising a more wholesale brand of disaster preparedness: a box full of shelf-stable freeze-dried meals, to be revived from their dessicated state with the addition of boiled water.
A number of popular movies and television shows[definition needed], such as the National Geographic Channel's Doomsday Preppers, have also emerged recently[when?] to capitalize on what Los Angeles Times' entertainment contributor Mary McNamara dubbed "today's zeitgeist of fear of a world-changing event." Additionally, doomsday ideas disseminated mostly online in relation to the 2012 phenomenon surrounding misunderstandings about the Mayan calendar fueled the activities of some survivalists during the run-up to the phenomenon's purported December 2012 date of the world's demise.
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.’ ”
Survivalists' concerns and preparations have changed over the years. During the 1970s, fears were economic collapse, hyperinflation, and famine. Preparations included food storage and survival retreats in the country which could be farmed. Some survivalists stockpiled precious metals and barterable goods (such as common-caliber ammunition) because they assumed that paper currency would become worthless. During the early 1980s, nuclear war became a common fear, and some survivalists constructed fallout shelters.
Survivalism is a primarily American movement of individuals or groups (called survivalists or preppers) who actively prepare for emergencies, including possible disruptions in social or political order, on scales from local to international. Survivalism also encompasses preparation for personal emergencies, such as job loss or being stranded in the wild or under adverse weather conditions. The emphasis is on self-reliance, stockpiling supplies, and gaining survival knowledge and skills. Survivalists often acquire emergency medical and self-defense training, stockpile food and water, prepare to become self-sufficient, and build structures such as survival retreats or underground shelters that may help them survive a catastrophe.
In the previous decade, preparedness consultant, survival bookseller, and California-based author Don Stephens popularized the term retreater to describe those in the movement, referring to preparations to leave cities for remote havens or survival retreats should society break down. In 1976, before moving to the Inland Northwest, he and his wife authored and published The Survivor's Primer & Up-dated Retreater's Bibliography.
Preparing for an emergency is different for every family. Naturally, buying nutrient-rich foods and having ways to store and purify water is the first step for everyone. After that first step, deciding what type of supplies and gear to focus on is a personal journey depending on your preparedness goals. Think of your emergency supply as an investment in the health and safety of your family during a crisis.
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
Common preparations include the creation of a clandestine or defensible retreat, haven, or bug out location (BOL) in addition to the stockpiling of non-perishable food, water, water-purification equipment, clothing, seed, firewood, defensive or hunting weapons, ammunition, agricultural equipment, and medical supplies. Some survivalists do not make such extensive preparations, and simply incorporate a "Be Prepared" outlook into their everyday life.
This week Texas border residents have been warned of “Armed Civilians” along the border as the South American caravan approaches the border. The caravan is about 1,000 miles south of the border and has been reduced in number to about 4,000 as many of them either accepted Mexico’s offer of asylum or turned around. Fox News has reported that Mexico has commandeered buses and trucks to transport the caravan as quickly as possible to their next stop at the U.S. border as well. While President Trump has been vocal about not letting them into the U.S., they will be arriving right around the mid-term voting and I would expect whoever is funding them to withdraw support right about then.
Headlamps are a great tool, giving you light where you need it and allowing you to work in dark places with both hands free. The Black Diamond Storm headlamp is a waterproof, multi-mode headlamp with a 250-lumen maximum output. It offers a bright beam for distance light, as well as strobe and dim modes. It even has green and red night vision modes. The slim design holds 4 AAA batteries for a long burn time, and a 3-level power meter shows remaining battery life. The dustproof and waterproof housing provides you with a durable light in the event of a nighttime emergency, or any other time you need hands-free lighting.
Still, as I sat at my desk one afternoon, eyeing the colorful salads my coworkers were having for lunch, I realized the absurdity of my experiment: I live in a city with 24/7 access to fresh food and work a job that affords me the privilege of eating healthfully most of the time. Even quibbling over the nutritional content of these freeze-dried meals was something of a luxury, because I wasn’t in a position where I actually needed to eat them. Then again, you never know what’s going to happen.
Doug owns a rock hauling business in Tennessee and plans to bug-in with his family in his underground bunker. Doug, whose line of work has earned him the nickname "Rockman", also plans to use a hillside full of boulders as a defense to ward off potential threats. He is also stockpiling coins minted before the 1970s because of their higher silver content, which makes them useful for bartering. Jeff Flaningham is a single, Wisconsin native, who is looking for woman who will live with him in his decommissioned SM-65 Atlas missile silo located in rural central Kansas in the event of a catastrophic event. During the program, Jeff goes on dates with three women he has met through an online dating service. He then arranges a second date with one of them, Stephanie, to go visit his missile silo.
Although declining salmon numbers, pollution and noise disturbance pose the most immediate threats to the whales' survival, Millman reports that other factors may be at play. — Meilan Solly, Smithsonian, "Pacific Northwest Orca Population Hits 30-Year-Low," 10 July 2018 As the South Wales side look to avoid relegation, Dzyuba could help to provide the goals which are so pivotal to Premier League survival. — SI.com, "Cardiff Interested in Signing £6m-Rated Zenit Striker After Impressive World Cup Displays," 6 July 2018 Experts have noted for decades that the North Koreans consider nuclear weapons as key to the regime’s survival by deterring a foreign invasion. — Alex Ward, Vox, "Let’s just say it looks like North Korea is lying about giving up its nukes.," 2 July 2018 Being a part of the city, instead of just the county, were key to RB’s survival. — Elizabeth Marie Himchak, Rancho Bernardo, "Rancho Bernardo's founder, Harry Summers, has died," 26 June 2018 There is nothing commendable about leaving all work to others, or in pretending that no level of work is essential to survival. — Brian O’connor, Time, "Why Doing Nothing Is One of the Most Important Things You Can Do," 15 June 2018 Their goats were crucial to the family's survival, because they had eaten and trampled down the undergrowth that surrounded their home, starving the flames. — Barry Hatton, The Christian Science Monitor, "Portugal races to protect its citizens against wildfires – with goats," 13 June 2018 Age might bring wisdom and experience, but young bodies capable of quick recoveries have been key to the Sun’s survival in early June. — Kelli Stacy, courant.com, "Youth Keeps Connecticut Sun Fresh Amid Hectic Travel Stretch," 10 June 2018 The government has jailed some 60 officers in the army, whose support is vital to the regime’s survival. — The Economist, "As Venezuelans go hungry, their government holds a farcical election," 17 May 2018