A lot of people freaked out near the end of last month when the price of gold and silver dropped like a rock. Gold, which had been shooting past $1900.00 an ounce, suddenly plunged below $1600 almost in a day. Silver’s sudden drop was just as surprising. Investors were frantically trying to figure out what… Read more »
Steve Shenk, the president and co-founder of eFoodsDirect was interviewed on the Alex Jones radio show last week, and he came bearing bad news: food prices are going up. Really fast. It’s fascinating to hear first hand from someone involved in the purchase of food commodities; to learn precisely what some of the factors are… Read more »
There can be little doubt that we’re headed for some very rough times ahead. The devaluation of the dollar will result in an unavoidable hyperinflation of the money supply, and lots of people will suffer. The problems we’re having now are only the beginning. But all this raises the question: How bad will it get?
Last month reader Patsy D wrote that she “would appreciate suggestions on how we (on fixed income) could begin stockpiling. Where would you recommend we begin?” This is a very good question, and one not easily answered. Not everyone can purchase a year’s supply of food all at once. Many people, especially now, are struggling… Read more »
Last week, I wrote about Federal Reserve chairman Ben Bernanke’s ridiculous assertion that gold is not money. If Bernanke’s statement was stupid -and it was- something said more recently by the former Fed chairman was outright revealing. Two weeks ago on NBC’s Meet The Press, former Federal Reserve chairman Alan Greenspan tipped us off as… Read more »
A few weeks ago, Congressman Ron Paul was interrogating Federal Reserve Chairman Ben Bernanke on the Chairman’s monetary policy. Finally Dr. Paul asked Chairman Bernanke if he thought gold was money. The answer Bernanke gave should have made him a laughingstock throughout all of Washington. But it didn’t even make the news.
I recently heard from a reader who is at her wit’s end because her husband is resisting her efforts at making emergency provisions for their future. “I have ordered the Berkey [water filter],” she writes, and “we had words over that. I will be making my last payment on the 4 week responder—-had words over… Read more »
If you are the member of your family doing the grocery shopping, you’re certainly aware that food prices are rising every month, and fast. You also may be wondering “why isn’t this news?”
Some time ago I listened to an interview with a successful businessman who was talking about how business has changed over the years. He said it used to be that people would ask themselves “what I am I worth?” but a better question is “what value do I create?” He said that the amount of… Read more »
Last time, I wrote about why bartering is important for emergencies. Here is how you can get started: 1. Think about what you have to offer. This can be just about anything! You can contribute skills, time, objects, or anything else you can think of. Consider what you do for work, things you do as… Read more »