Wednesday: 16 January 2011

Welcome Preppers and Survivalists,

Peak Oil
The first article I would like to highlight, this week, is from John Greer, over at The Archdruid Report.

Why should you read this article?

Mr. Greer explains, using a financial metaphor, the cognitive dangers that we are facing as cheap oil runs out. This lack of understanding about the dangers in our thinking will cause "us" (you, me, my/your family and friends) hardship because the folks that run stuff (that includes "us") still don't understand the dangers we are facing as oil becomes more expensive.

Link:
The Archdruid Report - Energy Funds, Energy Flows
http://thearchdruidreport.blogspot.com/2011/02/energy-funds-energy-flows.html

PS.
I'm still sceptical about "Peak Oil," but I'm becoming more open to this possible disaster because of new information from Wikileaks.

Link:
Guardian - WikiLeaks cables: Saudi Arabia cannot pump enough oil ...
http://www.guardian.co.uk/business/2011/feb/08/saudi-oil-reserves-overstated-wikileaks


Deflation or Hyperinflation
Recently, Nicole Foss and Golzalo Lira, from The Automatic Earth and Golzalo Lira respectfully, had a live debate about what's coming down the road, financially.

It doesn't matter because we can't predict the future.

We build up stores in potable water and water filters; food and gardening supplies; firearms, ammunition, repair parts, and cleaning supplies; and bandages and medical knowledge, for a reason, because the future is uncertain.

With that said, Charles Smith wrote an article, at Of Two Minds, that you might be interested in reading.

Link:
Of Two Minds - How Confident Are You in a Hyperinflationary Future?
http://www.oftwominds.com/blogfeb11/expectations-hyperinflation02-11.html

PS.
Originally, this blurb about Mr. Smith's article was going to be a rant about 'How we aren't getting financially prepared for the coming hyperinflation.' then I realized 'It doesn't matter because investing isn't about prepping. We prep for a wide range of disasters, just not one specific disaster.'


Hopefully, You Get The Point
This post was very different from the "normal" Wednesday post. This posts focuses on the "mind's eye" of the prepper/survivalist.

There is a reason for this.

I believe that the way we think predetermines our success or failure.

If you believe there will be a disaster (and you believe you can do something to reduce the disaster's effect), you will do something about it. If you don't, you won't.

Yeah, I know. The thought/where I was going isn't complete, yet.


Lastly,
"Rearden Metal Lives!"

Link:
Reason - The Trailer for the Atlas Shrugged Part One Movie Out
http://reason.com/blog/2011/02/11/the-trailer-for-the-atlas-shru