muses of the moment

August 28, 2012

Local Control

This is the summary of a paid subscription post over at Chris Martenson’s website by Mr. Smith. Very good (brief) analysis. Click here.

Free part one, here.

Here is another report from 2009 on local ownership of rural community resources (44 pages). Although this is about rural communities, it may give you some ideas about what local control of wealth looks like. You will have to put your urban and regional glasses on to translate this to other definitions of “local”.

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Latest Release from Martin Armstrong dated August 28, 2012

Click here for Martin Armstrong’s latest release entitle Debt Is Destroying Everything dated August 28, 2012 (16 pages).

More voices join the chorus of $5000 gold

Filed under: Gold and Silver Investing, Precious metals — Tags: — totallygroovygirlfriday @ 10:42 am

Louise Yamada calls for $5200 gold by 2018. Click here.

Louise is rather conservative in her calls, so consider this a conservative estimate. It also falls in line with Martin Armstrong’s computer model call for $5000 gold between 2017-2018.

gg: we seem to have hit a pause in gold at 1670. This is expected. The more important thing to look at: is 1640 the new support? We shall see.

Keith Fitz-Gerald

Filed under: Bailout Nation, Dollar Crisis, Economic Crisis, The Banking Crisis, The Federal Reserve — totallygroovygirlfriday @ 2:20 am

Great interview over at Chris Martenson’s website. Click here.

As an expert on Japan with deep personal ties there as well, Keith and Chris also discuss why that country is a great “black swan” candidate for the back half of 2012.

August 27, 2012

Latest Blog from Martin Armstrong dated August 25, 2012

Filed under: Economic Confidence Model Cycle, Gold and Silver Investing, Martin Armstrong, Precious metals — Tags: — totallygroovygirlfriday @ 12:38 pm

Click here for Martin Armstrong’s latest blog post dated August 25, 2012 entitled Gold and the Computer.

Martin’s computer gives monthly turning points for gold.

David Walker

The FinancialSense Newshour had an excellent interview with former US Comptroller, David Walker. It was an insider only interview, but you might want to read the summary and key points here.

August 26, 2012

There is no spoon

Filed under: Odds 'n ends — totallygroovygirlfriday @ 1:40 am

August 25, 2012

Canning Caution

Filed under: Odds 'n ends — totallygroovygirlfriday @ 2:43 am

As you know, groovygirl prepares for hard economic times in other ways besides purchasing physical gold and silver. She gardens and preserves food. It is another passion. But the time for blogging is limited to one subject ­čÖé

However, groovygirl found a recent post on a blog she visits regularly (great blog) that alarmed her. In the absence of generational teaching of skills like gardening, canning, freezing, and preserving food, most people go to the internet for information. Bad information on canning and preserving food can kill you. So, groovygirl has some suggestions.

Click here for the blog post that alarmed her and the author!

Good resources for preserving food:

If you want extensive and reliable information on canning (pressure and water bath) and freezing, go to the library or purchase Ball’s Blue Book. This is put out by the Ball’s Jar Company. (Mason probably has something similar.) Sometimes you get this Guide as part of a kit with a water bath or pressure cooker. It has every vege, fruit, (and meat) covered, recipes, portions, temperatures, cooking times, altitude adjustments, storage times, trouble-shooting, tips, and tricks.

If you are new to canning, when you can something and open it later, have/serve only a small portion. So if you become sick, your body only has to fight a small portion of invaders instead of the whole jar full. This also will alert you to test other jars of the same batch for contamination. (So, label, label, label.) If it smells bad, tastes bad, or has major discoloration or mold, throw it out. Wasted food is better than sickness or death. But if you follow Ball’s directions, you should have no problems.

Another good resource  is Encyclopedia on Country Living. This book covers EVERYTHING from butchering to canning to burying the dead. Yep, everything.

Wild Fermentation covers preserving food with sugar and salt, not heat or pressure. Think of sauerkraut.

And gg’s favorite book with recipes on preserving food with whey is Nourishing Traditions.┬áSome people are allergic to whey, but most of Sally’s recipes can be substituted with salt. What is whey? You know that yellow, thin liquid on top of your yogurt when you open it; that’s whey. Need to make ketchup, mustard, or mayo from scratch? This book tells you how!

A good rule of thumb is:

Use the fermentation process if you want to preserve something for 1-3 months, could be longer if in the frig or cool place. Use canning for preserving 1-2 years. Although gg’s grandmother had canned jars of food that were 10 years old and nothing terrible happened, groovygirl doesn’t recommend storing for that long. The longer an item is on the shelf, the more nutritional value it loses.

August 24, 2012

Economic Collapse Coming Soon?

Groovygirl found these two articles interesting, take it for what its worth:

Jim Rogers.

Economic Collapse Blog.

Side musing: gg has been listening to people around her. The general consensus is that if Obama is defeated or re-elected (depending on your party affiliation), everything will be fine. But the problems: medicare, health care, social security, government debt, banking crisis, Post Office, end of 2010 tax cuts, no budget, all have to do with Congress, not the President.

So, gg finds it is very unrealistic to think that one, the President can do anything about these issues and two, Congress will miraculously get their act together Nov 7th and address all these issues before the end of the year. However, it may take the public six months to figure that out ­čÖé

Apparently, gg isn’t the only one observing this type phenomenon, but in a more general sense.

Latest blog posts from Martin Armstrong dated August 24, 2012

Filed under: Martin Armstrong, Precious metals — Tags: — totallygroovygirlfriday @ 3:25 pm

Blog post on gold from Mr. Armstrong.

Blog post on silver from Mr. Armstrong.

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