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Odds 'n Sods:
Daniel C. mentioned that a
PDF of the book The Alpha Strategy by
John Pugsley is now available for free download. (This is the key book
that I mentioned in the "Rawles
Gets You Ready" preparedness course.) I highly recommend Pugsley's
book, which is considered a classic in preparedness circles.
It was
one of
my main influences when I first formulated
my investment strategy, back in my late teens. I owe Pugsley the credit for
the many useful tangibles that are stacked on the shelves
down in Jim's Amazing Secret Bunker of Redundant Redundancy (JASBORR). Many
of those items were purchased in the early to mid-1980s when I had military
commissary and post exchange privileges. For example, my family is still using
aluminum foil that I bought in 1985 for
just 79 cents a roll. By my calculations, I won't have to buy another batch
for six more years. We are also still not even close to using up the many 12
ounce bottles
of vanilla
extract that I bought in 1984 for $1.20 each. Enough logistical war stories.
I concur with reader Jamie D., who's motto is "Buy it cheap and stack it deep."
Now, getting back to the author: Pugsley is
now
the
chairman
of The
Sovereign Society. You can read read more of his writings at The
Daily Reckoning web site.
o o o
I noticed that the spot
price of silver recently took a dip below $12 per ounce. This might be
a good buying opportunity. I'm still convinced that Helicopter
Ben will inflate
his way out of the current crisis. So in the long run, the precious metals
will
appreciate in value. Buy on the dips!.
o o o
Some "must read" commentary over at Jim Sinclair's MineSet: Commercial
Paper Market All But Shuts Down
