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.)
Before my trip, I had wondered if I was going to be spending more time in luxury bunkers. But Peter Campbell, the managing director of Triple Star Management, a New Zealand construction firm, told me that, by and large, once his American clients arrive, they decide that underground shelters are gratuitous. “It’s not like you need to build a bunker under your front lawn, because you’re several thousand miles away from the White House,” he said. Americans have other requests. “Definitely, helipads are a big one,” he said. “You can fly a private jet into Queenstown or a private jet into Wanaka, and then you can grab a helicopter and it can take you and land you at your property.” American clients have also sought strategic advice. “They’re asking, ‘Where in New Zealand is not going to be long-term affected by rising sea levels?’ ”
“I was a computer jockey,” he says. “So for example, when you think of press 1, press 2, press 3 on the phone: I built one of the first systems in banking on the East Coast, and I apologize for that.” Finelli’s company began securitizing debt portfolios, a process that began in the ’80s and fed into the mid-2000s financial crisis. Finelli didn’t like that. “That’s when I had that moment of, ‘This is a house of cards,’” he says. So in the late 1980s, he quit and became a farmer, first out East, then in Grovespring by 2005.
In my lectures on survival topics I often mention that there is just a thin veneer of civilization on our society. What is underneath is not pretty, and it does take much to peel away that veneer. You take your average urbanite or suburbanite and get him excessively cold, wet, tired, hungry and/or thirsty and take away his television, beer, drugs, and other pacifiers, and you will soon seen the savage within. It is like peeling the skin of an onion—remove a couple of layers and it gets very smelly. As a Christian, I attribute this to man’s inherently sinful nature.
Still, these extraterrestrial-looking foodstuffs seem to be having something of a moment: For the past four years, Costco has been selling pallets of shriveled vegetables, fruits, grains, and meats that promise to feed a single family for up to a year—and if you’re not a member, you can purchase similar survival kits, many of which boast a 20- to 30-year shelf life, at Walmart and Target. One top seller, Wise Company, saw its sales nearly double over the past four years, reaching around $75 million, according to a Bloomberg Businessweek cover story last November. The company’s CEO, Jack Shields, told me he estimates the industry as a whole generates between $400 and $450 million annually in retail.
“That’s a major problem,” says Gene Louis, a New Jersey expat who attended his first meetup in 2013 after moving to Springfield to begin ventures in real estate brokerage and digital marketing. Plus, Jersey is expensive, and he doesn’t like the fact that its residents don’t pump their own gas. “You don’t know what people are going to define as a threat, don’t know what people at survival meetings are going to talk about,” he says. “You can’t prepare for 100 percent of what’s on that list—well, you’d need to be Donald Trump to afford to.”
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As public institutions deteriorate, élite anxiety has emerged as a gauge of our national predicament. “Why do people who are envied for being so powerful appear to be so afraid?” Johnson asked. “What does that really tell us about our system?” He added, “It’s a very odd thing. You’re basically seeing that the people who’ve been the best at reading the tea leaves—the ones with the most resources, because that’s how they made their money—are now the ones most preparing to pull the rip cord and jump out of the plane.”
Doug Huffman is prepared, teaching techniques for surviving a second depression based upon America's massive debts.; Dianne and Greg Rogers, dedicated parents in Canada, are concerned with future events affecting their home-life; Ed and Dianna Peden ("still living in the 60's"), of Topeka, Kansas are preparing to survive fully underground in their decommissioned Atlas missile silo when doomsday arrives.
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.
Again, the reason we tend to look sideways at those who get a little too into prepping for an apocalypse is because of their smug optimism. People actually being realistic about a dangerous future would be better served joining the military or ingratiating themselves with high-level government officials than agonizing about a little mouth scuzz or foot fuzz, right?
He thinks that mainstream news organizations are biased, and he subscribes to theories that he knows some find implausible. He surmised that “there is a deliberate move by the people in Congress to dumb America down.” Why would Congress do that? I asked. “They don’t want people to be smart to see what’s going on in politics,” he said. He told me he had read a prediction that forty per cent of Congress will be arrested, because of a scheme involving the Panama Papers, the Catholic Church, and the Clinton Foundation. “They’ve been working on this investigation for twenty years,” he said. I asked him if he really believed that. “At first, you hear this stuff and go, Yeah, right,” he said. But he wasn’t ruling it out.
I.N.C.H. pack: I'm Never Coming Home pack. A pack containing everything needed to walk out into the woods and never return to society. It is a heavy pack loaded with the gear needed to accomplish any wilderness task, from building shelter to gaining food, designed to allow someone to survive indefinitely in the woods. This requires skills as well as proper selection of equipment, as one can only carry so much. For example, instead of carrying food, one carries seeds, steel traps, a longbow, reel spinners and other fishing gear.
When I got into bed that night, I noticed I was feeling a little off. Though I’d technically consumed enough calories, my stomach was still gnawing with hunger, and when I woke up the next morning, I felt energyless. I phoned Dr. Lisa Young, a New York–based nutritionist and adjunct professor at NYU, with a question: Is it really possible to live off freeze-dried food?
But in 1961 John F. Kennedy encouraged “every citizen” to help build fallout shelters, saying, in a televised address, “I know you would not want to do less.” In 1976, tapping into fear of inflation and the Arab oil embargo, a far-right publisher named Kurt Saxon launched The Survivor, an influential newsletter that celebrated forgotten pioneer skills. (Saxon claimed to have coined the term “survivalist.”) The growing literature on decline and self-protection included “How to Prosper During the Coming Bad Years,” a 1979 best-seller, which advised collecting gold in the form of South African Krugerrands. The “doom boom,” as it became known, expanded under Ronald Reagan. The sociologist Richard G. Mitchell, Jr., a professor emeritus at Oregon State University, who spent twelve years studying survivalism, said, “During the Reagan era, we heard, for the first time in my life, and I’m seventy-four years old, from the highest authorities in the land that government has failed you, the collective institutional ways of solving problems and understanding society are no good. People said, ‘O.K., it’s flawed. What do I do now?’ ”
According to Hobel, shelter is your first priority. Lay down cardboard and other materials to insulate yourself from the ground. (Even in summer, the ground can have temperatures that lead to hypothermic conditions.) Use tarps, blankets, pillows—whatever you can find—to build the shelter on that layer. It should be as low to the ground as possible, and you shouldn’t be able to sit up when you’re inside, Hobel says. Other than the airflow you need to breathe, block all openings to keep cold air from coming in. It’s a matter of conserving heat. A lot of people don’t realize that their bodies are heat sources, Hobel says. You’re almost 100 degrees. Trap that heat around you instead of letting it rise in a tall shelter, and you won’t need a fire to stay warm.