I just did a quick calculation and found that the spot silver-to-spot gold ratio just hit 86.6-to-1. This is an ideal time to ratio trade out of gold, into silver. And if you haven’t already done so, I suggest getting shed of any “paper”/ETF metals, and parlay that into physical metals, in your own possession. With more market mayhem on the horizon, it is time to hunker down.
Stories like this, according to Charles, happen often when "sh—t hits the fan." One prepared person warns others in the run-up to a potentially dangerous event and others don't listen, expecting someone — the government or a friendly neighbor — to provide during a disaster. It's what Charles calls "the entitlement problem," a phenomenon talked about ad nauseam on prepper blogs and websites.
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.)
You can tour this slice of underground history today. After the Southwicks visited the bunker recently, they said they felt even more strongly about the need to prepare. Their family reflects a new preparedness instinct that has been growing since the 9/11 terrorist attacks. After that shock, the government urged people to store food, buy duct tape and roll water barrels into their basements.
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.
Robert A. Johnson sees his peers’ talk of fleeing as the symptom of a deeper crisis. At fifty-nine, Johnson has tousled silver hair and a soft-spoken, avuncular composure. He earned degrees in electrical engineering and economics at M.I.T., got a Ph.D. in economics at Princeton, and worked on Capitol Hill, before entering finance. He became a managing director at the hedge fund Soros Fund Management. In 2009, after the onset of the financial crisis, he was named head of a think tank, the Institute for New Economic Thinking.
The so-called survivalism movement — made popular by the reality show "Doomsday Preppers" — sounds a little crazy. The idea of preparing for the end of the world might conjure images of wild-eyed people in tin foil hats hiding in bunkers. In reality, normal people of many different backgrounds, races, and income levels spend their days preparing for the worst.
Wetfire is a non-toxic product that won’t produce clouds of noxious smoke. All it takes is a tiny bit sprinkled on the camp stove to get it going even when the rain or snow is coming down in blankets. In survival situations many perish because they’re unable to create the warmth they need to counteract cold, wet conditions. Wetfire is pocket-sized survival gear that allows you to withstand nature’s worst. Wetfire has a 5 year shelf life and can be activated using any stormproof lighter or other sparking device.
Anarcho-primitivists share many characteristics with survivalists, most notably predictions of a pending ecological disaster. Writers such as Derrick Jensen argue that industrial civilization is not sustainable, and will therefore inevitably bring about its own collapse. Non-anarchist writers such as Daniel Quinn, Joseph Tainter, and Richard Manning also hold this view. Some members of the Men Going Their Own Way subculture also promote off-grid living and believe that modern society is no longer liveable.
When bands of marauders start roaming the streets, how are you going to keep them out? Tear down a few walls, says Timothy Ferraro, a twenty-five-year construction veteran who's thought about this situation plenty while watching The Walking Dead. "Assuming the attackers don't have a battering ram, you should be able to keep them out using the lumber and drywall already in your home," he says.