Iran is said to move to new machines for making nuclear fuel 4 to 5x faster, reports New York Times. Israeli PM calls development “very grave.”

“Just days before Iran enters its first nuclear talks with the West since the summer, international nuclear inspectors said Thursday that the country has begun installing a new generation of equipment that should give it the ability to produce nuclear fuel much faster,” reports the New York Times. “The installation — at Iran’s main plant for uranium enrichment, located in the desert at Natanz — came after a half-decade of delays exacerbated by Western sanctions and sabotage. The new centrifuges are four to five times more powerful than an aging model that Iran has used for years. The advance has worried American, European and Israeli officials because it would make it easier for Iran to race toward making fuel for nuclear weapons, if it decided to do so.”

“Victoria Nuland, the State Department spokeswoman, called the installation of the advanced machines ‘yet another provocative step’ and ‘a further escalation’ in Iran’s continuing violation of the United Nations demand that Tehran suspend its program of uranium enrichment,” notes the Times. “But even as Iran installed the more powerful equipment, evidence collected by the International Atomic Energy Agency suggests that the Iranian authorities are deliberately slowing the accumulation of the medium-enriched uranium that could most quickly be converted to bomb fuel. According to a new report by the agency, much of that production has been diverted to make specialized fuel for a research reactor. The new report says Iran has diverted about 40 percent of its growing stockpile of 20 percent enriched uranium into an oxide form that can be used to make fuel for a research reactor in Tehran. So far, the report said, Iran used the collected material to produce at least five fuel assemblies.

“The result is that Iran has delayed the day when it could reach what Israel’s prime minister, Benjamin Netanyahu, defined as his latest ‘red line’ beyond which Iran would not be allowed to pass: the accumulation of enough medium-enriched fuel to make a single nuclear weapon,” the Times continued. “At the time Mr. Netanyahu spoke at the United Nations last fall, it appeared that Iran would reach that point — about 240 kilograms (or 530 pounds) of uranium, enriched to 20 percent purity — by early this summer. If production remains at roughly the same rate, it appears that date will now slip into the fall, allowing more time for diplomatic progress. Mr. Netanyahu’s office said nothing about that apparent slowing when it released a statement quoting the prime minister as saying the findings were ‘a very grave report which proves that Iran is continuing to make rapid progress toward the red line.’ It added that ‘the first subject’ Mr. Netanyahu will discuss with President Obama during his planned visit to Israel next month is preventing Iran from obtaining nuclear arms.”


Joel C. Rosenberg’s Blog

Life or Liberty, Profit or Prepping: Economic Decision Making for Preppers

This article has been generously contributed by Mark Solomon of the Financial Survival Center.


For the small part of the general populace that is aware of potential challenges ahead, economic decisions are much more complicated. We are known as Preppers for our actions that allow us to be ready to handle most foreseeable future scenarios without needing significant assistance.

Unlike those that either do not see any potential challenges to the current level of society functioning (utilities working, stores supplied, no wide-spread civil strife, etc.), or may see some questionable signs in the future and do not choose to prepare for them, preppers take action. We build the ark so to speak, before the rain begins. Then we stock it for the journey.

This brings up the great dilemma in being a prepper: How do we divide or allocate our limited money and resources the wisest way possible. We want to be both prepared for eventualities and still have opportunities for profit. We want to be prosperous no matter what happens, either a free stable trend, or to hell in a hand basket. We will examine some of these decisions and what tools we need to land on the right side of profitable vs prepared.

A bit of background about me: An engineer by training where I ran multiple projects over $ 25 M in budgets, also a former Financial Adviser, Futures Commissions Merchant (commodities trader), money manager, and a life long prepper. Despite plenty of formal training in the “socially acceptable Financial Planning methods” I will not use them for the most part in this paper. We are stepping beyond the fantasy world of finance, into the real world of hard goods, hard currency, and hard numbers.

Assumptions for getting started:

We have a source of income. We are not massively in debt. We are willing to invest and or speculate in the stock market, commodities (like gold, silver, platinum, corn, soy, cattle), real estate including rental, residential, commercial, and farm land.

If we do not have a source of income, then job one..through 10, is to get one fast. Preferably a job that offers income that can rise with inflation.

If we are seriously in debt, than getting out of debt probably needs to absorb 50% of our spendable income, with the other 50% going to prepping, not investing. After the prepping phase is at a point where 3 months of food, water and basic supplies are handled, then a cushion fund is the next step.

Ideally, 3 months of a cushion fund is a foundation. Once we have that in place, the decision making strategies discussed here can be applied for deciding what to do with funds above and beyond necessary expenditures.

Willingness to speculate or the more politically acceptable term “invest” is one of the keys to surviving and profiting through a currency collapse. There is almost no other means of both surviving and profiting through a period of currency debasement, economic collapse and financial lock-up then riding through the storm using the financial markets – until the collapse is at hand. This point of view is extremely controversial.

Here is why speculating in the collapsing market is a choice I personally make even though we all know it is fully manipulated.

The logic for speculating:

  • With a fiat currency – everything in an economy is essentially manipulated from above with central banks creating the currency   out of essentially a fantasy that the currency symbol has worth
  • Fiat currencies bring inflation as a default, until the central banks call in the debts and soak up the currency – as in the Great Depression
  • Speculating in the sectors that get the majority of the inflated currency investment – such as happened in the tech stocks until 2000, the real estate bubble until 2005, commodities from 2001-2010, and now the general stock market – is one of the few ways to increase wealth or keep pace with inflation.
  • We are either speculating ourselves with potential for profit, or the certain victim of someone else who is speculating, whenever we buy gas or diesel for our vehicles, pay an electricity bill, buy groceries, or buy anything made of metal, rubber, etc. such as batteries, tires – the routine stuff of life.

In short, we are all speculating no matter how far from it we want to be. A fiat currency turns us all into unwilling gamblers where we can have an opportunity to keep pace or beat inflation, or lose consistently to the inflation demon.

Yes, those of us buying gold and silver are still involved in speculating. For if gold and silver went to zero – as silver nearly did after the great Hunt brothers purchases were shut down and gold did after the post 80′s crash – then our insurance has largely disappeared.

Not to beat a dead horse, but speculating is a key skill for a successful prepper – and that does not mean strictly in the financial markets.

Our universe of choices for investing our money as preppers is far wider than the average, non-prepper investor.

Guess what one of the top “investments” of 2013 is so far? Most financial advisers or CNBC fans would quickly scan their screens for the top stock or commodity. They might come up with Aurizon Mines and others that gained around 20% or more.

Financial investments from the markets return absolute chicken feed when compared to how much .223 ammunition has increased: from 200% to 300% depending on the market. No capital gains taxes for small purchases. Yes, there are shipping and handling costs, but nonetheless, ammunition has been one of the best investment opportunities of the last 48 months. This is where preppers have a great advantage over traditional investors.

We get to invest and prepare at the same time.

Our decision tree looks much broader than someone that would never consider stored food, ammunition, firearms, specialty vehicles, food production equipment such as seeds and fertilizer, construction materials, energy production from solar power to batteries, and many other items as much more than preparation gear – but also investments. Additionally and most critically, books, DVD’s, training, and knowledge sources can also be considered as some of the most valuable investments.

Here are some of the items a prepper might consider buying and their price rises over the past several years:

For comparison, the stock market return for SP500 has been about 15% from 2011 until now Feb/2013, and about 6% from 2007 to now. Considering inflation – the average SP500 investor has lost significant money

.223 ammo in 2006 could be bought at wholesale for approximately $ 80 per 1000 rds, then in 2008 it reached $ 250 / 1000, and now if a dealer can even find them .223 can run $ 800 for Lake City Ammo, a whopping 10X price increase in 6 years.

As late as 2011, a decent AR15 sporting rifle, labeled by anti-freedom sorts as an “assault rifle,” could be found for between $ 650 and $ 1000 for low to medium level models. Now, if you can find an AR15, the price will be closer to $ 1200 to $ 1500 for a basic version. That works out to an investment return of 50-85% in less than one year!

Storage batteries across the board – including lithium carbonate, nickel cadmium, nickel metal hydride, lead acid, and nickel zinc batteries have seen price increases of 15-25% per year. This price increase stems from raw materials, another aspect from E.P.A. regulations, and the near monopoly on mining and processing a few large manufacturers, plus the demand from Asia..but most of all, rampant money printing from around the world.

Not all prepper related items have increased. Solar panels have thankfully dropped in price an average of 40% due to China flooding the market and new sources of silicon providing the raw material in abundance. However, the overall system costs have not decreased for an alternative energy system.

Items such as generators, pumps, hand and power tools, machine tools, and farm implements have skyrocketed in cost. Throughout history, machine tools have been a key source of productivity, social advancement, political power – as they could be turned to making weapons, and ability to master a land and people. For example of the dramatic price increase or investment return, a small lathe such as this one:

Could have been purchased for about $ 400 in 2008. That same lathe now sells for $ 999 and is sometimes difficult to even find in stock!

Food prices have been increasing dramatically..February 2011 according to NY Times saw one month increases of 3.9% with lettuce jumping 27%. Beef prices are set to soar as the drought and environmental rules decimate the farmers and ranchers. This translates to storable food becoming an investment option with average yearly value increase above inflation at 7% to 10%.

The summary for these facts is: Until you have far more than you want, need, or can use for barter, you are far better off buying more arms, ammo, food and tools, than getting involved in the financial markets. This is advice from a financial speculator, not a gun shop owner, someone selling freeze dried foods, or tools. Stock shares can be issued by the millions, while rifles take hard work, materials, skill, and time to produce by the hundreds. Same for ammo, gold, etc. No contest. Get prepared the financially smart way – and stay away from the financial markets until you have all the gear you want.

This article has been generously contributed by Mark Solomon of the Financial Survival Center.

SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You

GOSH, WHICH COULD IT BE? “Either Fox is making stuff up, or the administration is lying through its teeth”

Rick Moran deconstructs the latest Benghazi-gate revelations and finds only one possible scenario: the White House is lying.

The CIA is denying. The Pentagon is denying. And now the White House is denying that anyone refused to send help to our embattled CIA and State Department personnel engaged in a seven hour running firefight with more than 150 jihadists.

It just doesn’t get any lamer than this:

The White House on Saturday flatly denied that President Barack Obama withheld requests for help from the besieged American compound in Benghazi, Libya, as it came under on attack by suspected terrorists on September 11th.

“Neither the president nor anyone in the White House denied any requests for assistance in Benghazi,” National Security Council spokesman Tommy Vietor told Yahoo News by email.

Why was this so hard for President Obama to say on Friday when asked a direct question about assistance to Americans under fire?

…How do we know that the White House is lying about denying requests for military assistance from our beleaguered diplomats? Consider: If a news story is published basically accusing the President of the United States of standing by while Americans were killed, shouldn’t the reaction from the White House be a little more indignant? A little more agitated? Perhaps a lot angrier?

All of these denials point to one of two conclusions; either Fox News is making stuff up, or the administration is lying through its teeth. There is no other possible explanation.

And I would note the extraordinary detail in the Fox article, including specific communications between the various locations in Libya and national security people in Washington. If Fox is making stuff up, someone has a pretty vivid imagination.

Jennifer Rubin observes that the Benghazi cover-up now has three distinct facets, none of which have been suitably addressed by the administration.

The Benghazi debacle has three parts: how we neglected security while al-Qaeda was building a presence in Libya; whether the administration tried to mislead the public as to the nature of the attack; and now whether the administration denied pleas for help from operatives on the ground at the consulate.

Daniel Gardner goes further, labeling the president a “coward and a disgrace”:

Obama was meeting with national security leaders when the attack in Benghazi went down. Unclassified documents reveal he received emails directly from Benghazi within minutes of the beginning of the attack, staff in Benghazi were in real-time contact with the State Department, and two drones overhead in Benghazi showed Washington exactly what was happening on the ground there.

Unclassified emails reveal three requests were made from Benghazi for help, and all three requests were rejected with orders to “stand down.” Special Forces troops were available and within two or three hours could have saved at least two of the four who died at the end of the seven-hour attack.

Obama literally watched the seven-hour battle refusing to send troops to save Americans…or, he didn’t care to watch or to intervene. Regardless, he didn’t care enough to save American lives when he had the opportunity.

The mainstream media is not even covering this story, but is [instead] parroting Obama’s talking points…

And all of this misdirection, all of the lies, all of the cover-ups detract from the simple truths of heroism that have been all but ignored by antique media:

A short distance from the American compound, two Americans were sleeping. They were in Libya as independent contractors working an assignment totally unrelated to our embassy. They also happened to be former Navy SEALs. When they heard the noise coming from the attack on our embassy, as you would expect from highly trained warriors, they ran to the fight. Apparently, they had no weapons, but seeing the Libyan guards dropping their guns in their haste in fleeing the scene, Tyrone Woods and Glen Doherty snatched up several of these discarded weapons and prepared to defend the American compound.

Not knowing exactly what was taking place, the two SEALs set up a defensive perimeter. Unfortunately Ambassador Stevens was already gravely injured, and Foreign Service officer, Sean Smith, was dead. However, due to their quick action and suppressive fire, twenty administrative personnel in the embassy were able to escape to safety. Eventually, these two courageous men were overwhelmed by the sheer numbers brought against them, an enemy force numbering between 100 to 200 attackers which came in two waves. But the stunning part of the story is that Tyrone Woods and Glen Doherty killed 60 of the attacking force. Once the compound was overrun, the attackers were incensed to discover that just two men had inflicted so much death and destruction.

As it became apparent to these selfless heroes, they were definitely going to lose their lives unless some reinforcements showed up in a hurry. As we know now, that was not to be. I’m fairly certain they knew they were going to die in this gun fight, but not before they took a whole lot of bad guys with them!

Consider these tenets of the Navy SEAL Code: 1) Loyalty to Country, Team and Teammate, 2) Serve with Honor and Integrity On and Off the Battlefield, 3) Ready to Lead, Ready to Follow, Never Quit, 4) Take responsibility for your actions and the actions of your teammates, 5) Excel as Warriors through Discipline and Innovation, 6) Train for War, Fight to Win, Defeat our Nation’s Enemies, and 7) Earn your Trident every day.

Thank you, Tyrone and Glen. To the very last breath, you both lived up to the SEAL Code. You served all of us well. You were courageous in the face of certain death.

And Tyrone, even though you never got to hold your newborn son, he will grow up knowing the character and quality of his father, a man among men who sacrificed himself defending others. God bless America!

Last night, Lt. Col. Tony Shaffer said his sources revealed that Obama was one of the people in the room watching the Benghazi attack occur in real-time.

This entire administration needs to go.

Doug Ross @ Journal

Emergency Preparedness, Making Your Plan

A family should prepare themselves for a disaster as soon as possible. Being prepared could be the thing that keeps everyone safe in the worst of situations. When a disaster strikes, most people’s first instinct is to panic. However, the key to surviving any type of disaster is to prepare for it beforehand…
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