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Odds 'n Sods:
Tom at CometGold.com sent
us the link to this "must see" video clip: Charlie
Rose interviewed two journalists about debt securities, the sub-prime debacle,
and the emerging liquidity crisis. New York Times scribe Floyd Norris described
the recent wave of margin calls on debt securities as "the functional
equivalent of a run on the bank." Katherine Burton of Bloomberg News
admitted that the credit crunch will "go on for a long time." In
related news, don't miss this news story from Reuters: Central
banks move to calm panicky money markets. This isn't just a traditional
credit squeeze, folks. This is approaching credit
paralysis!
o o o
I was doing some web surfing and I stumbled across a
DRMO auction for what appears to be some new concertina
wire, at
Camp Pendleton, California.
o o o
I just heard that Ready
Made Resources still has three new copies of the scarce
out-of-print book "Survival Guns" by Mel Tappan. They are being offered
for $60 each. That
might sound steep for a book that was $19 when it went out of print a bit more
than a decade ago. But be advised that used copies have
recently been selling for $60 on up, on Amazon.com. The three remaining copies
of "Survival Guns" are not listed in the Ready Made Resources web catalog.
Call them for details.