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.)
November 1st is also the birthday of economist Martin A. Armstrong. For many years he was a prisoner of conscience, in part because he refused to turn over his proprietary trading algorithms to Federal prosecutors. After seven years in prison without a trial, the longest Federal incarceration for contempt in American history, Armstrong was finally put on trial in a proceeding that was branded as a sham. He was convicted on securities fraud charges based upon some marginal testimony and given a five year sentence. He was released from prison in September of 2011. Notably, Armstrong continued to write his economics newsletter while in prison, producing most of the issues on a prison library typewriter.
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.
Regardless of whether everything is going swimmingly or you’re lost in a whiteout above tree line your boots are one of the most important pieces of survival gear you have. You need them to stand up to the elements and keep your feet dry and comfortable. Irish Setter Men’s Waterproof Hunting Boot is a fine example of the state of the bootmaker’s art.
Last spring, as the Presidential campaign exposed increasingly toxic divisions in America, Antonio García Martínez, a forty-year-old former Facebook product manager living in San Francisco, bought five wooded acres on an island in the Pacific Northwest and brought in generators, solar panels, and thousands of rounds of ammunition. “When society loses a healthy founding myth, it descends into chaos,” he told me. The author of “Chaos Monkeys,” an acerbic Silicon Valley memoir, García Martínez wanted a refuge that would be far from cities but not entirely isolated. “All these dudes think that one guy alone could somehow withstand the roving mob,” he said. “No, you’re going to need to form a local militia. You just need so many things to actually ride out the apocalypse.” Once he started telling peers in the Bay Area about his “little island project,” they came “out of the woodwork” to describe their own preparations, he said. “I think people who are particularly attuned to the levers by which society actually works understand that we are skating on really thin cultural ice right now.”
The morning after I arrived, I was picked up at my hotel by Graham Wall, a cheerful real-estate agent who specializes in what his profession describes as high-net-worth individuals, “H.N.W.I.” Wall, whose clients include Peter Thiel, the billionaire venture capitalist, was surprised when Americans told him they were coming precisely because of the country’s remoteness. “Kiwis used to talk about the ‘tyranny of distance,’ ” Wall said, as we crossed town in his Mercedes convertible. “Now the tyranny of distance is our greatest asset.”
he bald snow tires on my ’06 Accord struggled to achieve the grip needed to summit Len Pense’s long, steep driveway. If the grid goes down the way he thinks it will, you’d need a tank to ascend the eroding gravel path because the 83-year-old Army veteran knows exactly which oak tree he’d fell across the route, lest the marauders come for his cache of, among many other things, 44 raised-bed gardens of food. One way in, one way out; that’s what sold Pense and his wife on the 21-acre hilltop property in Strafford some 25 years ago.
At seventy-seven, living on a tugboat in Sausalito, Brand is less impressed by signs of fragility than by examples of resilience. In the past decade, the world survived, without violence, the worst financial crisis since the Great Depression; Ebola, without cataclysm; and, in Japan, a tsunami and nuclear meltdown, after which the country has persevered. He sees risks in escapism. As Americans withdraw into smaller circles of experience, we jeopardize the “larger circle of empathy,” he said, the search for solutions to shared problems. “The easy question is, How do I protect me and mine? The more interesting question is, What if civilization actually manages continuity as well as it has managed it for the past few centuries? What do we do if it just keeps on chugging?”
Earthquakes, tornadoes and hurricanes can cause you to leave your home or even be trapped there. Roads could be blocked due to fallen trees, power lines, or even damaged earth from the natural disaster. Rescue crews can not be in all places at once. You may have to wait it out for quite a while before its over. You won't be able to go to the store or to the corner market.
People who are not part of survivalist groups or apolitically oriented religious groups also make preparations for emergencies. This can include (depending on the location) preparing for earthquakes, floods, power outages, blizzards, avalanches, wildfires, terrorist attacks, nuclear power plant accidents, hazardous material spills, tornadoes, and hurricanes. These preparations can be as simple as following Red Cross and U.S. Federal Emergency Management Agency (FEMA) recommendations by keeping a first aid kit, shovel, and extra clothes in the car, or by maintaining a small kit of emergency supplies, containing emergency food, water, a space blanket, and other essentials.
Mayday (since 2003) Seconds From Disaster (since 2004) National Geographic Explorer (since 2004) Drugs, Inc. (since 2010) Wicked Tuna (since 2012) Life Below Zero (since 2013) Cosmos: A Spacetime Odyssey (since 2014) Wicked Tuna: Outer Banks (since 2014) Live Free or Die (since 2014) StarTalk (since 2015) The Story of God with Morgan Freeman (since 2016) Mars (since 2016) Genius (since 2017) The Story of Us with Morgan Freeman (since 2017) One Strange Rock (since 2018)
The Garmin High Sensitivity GPS tool is a potentially game changing piece of survival gear that employs a quad-helix antenna and GLONASS receiver to provide actionable GPS data even when you’re in the gnarliest locales. With its comprehensive selection of pre-loaded US topographical reference maps you’ll be able to plot an effective escape route from even the direst situations.
PSM once reported on a Cornish family’s two week experimental stay in their own fallout shelter – cut off from the outside world, role-playing a new life after the annihilation of civilisation. Robert and Margaret Farmer, along with their 11 year-old daughter Sarah, emerged triumphantly at the end of the experiment, which PSM described as a “complete success”. It did record, however, that “Sarah was a little bored around day three”.
Lucas Cameron, a farmer living in Tennessee, is preparing for a New Madrid earthquake and the civil unrest following that. He is also joined by his group of friends and family. Even Kevin O'Brien, first mentioned in Season 1, has recently moved out and joined them. Meanwhile near Denver Colorado, Snake Blocker is preparing to survive like his ancestors, the Apache tribe, by living off the land in the event of a financial collapse.
Car electricity runs on direct current, but almost everything else is alternating current. What you need: an inverter. Some cars have them built in, but you can get one at a store for less than $40. Use the clamps to attach the inverter directly to the terminals on your car battery. Let the car run at idle and you have 110-volt AC power for as long as you have gas. With a 300-watt inverter, you'll have enough amps to run a laptop or even a television.