Thursday, June 28, 2012

Firearm & Ammo Stocks for These Troubled Times

Doing a little reseach, I've put together a list of publicly traded companies in the firearms business. Many major manurfacturers and most ammo manufactureres are private companies (and closed to nosey public inspections).

The stock ticker symbols are:

SWHC - Smith & Wesson; TASR- Taser International; MTSX - Metal Storm Ltd; GD - General Dynamics; OLN - Olin Manufacturing; ATK - Allient Techsystems; RGR - Ruge

I've set up a "Watch List" to check the progress of these companies. Today, not so good. #Preppers and survivors should be interested in these stocks. On a seperate note, I also have a "Watch List" of major Defense company stocks...they are down as well!

Sunday, June 03, 2012

Prepping is Insurance

There is a fairly widespread movement called #Prepping.  It regards being self-sufficient as necessary do to the impending collapse of civilization or as preppers call it SHTF!  I've been interested in this since Y2K in 2000.  survival supplies, living off the grid in a rural setting isn't for everyone.  But I look at stockpiling food and supplies, tools, trade goods...being self-sufficient with a skill set, as insurance. 

Many folks buy auto, home, and life insurance and while paying on them for years, perhaps decades, may never use that type of insurance...ever!  How can you go wrong having 6 months of food on hand? Or buying and using tools, growing a garden, living in a calm rural area?

Many people look on this movement as a bunch of doomsday crazies, planning for the end of the world...but if you take the time to read about or go to a good blog like Total Survivor Dad and do some research, you'll find that #prepping is indeed Insurance.

Gold ETF...Let it Ride?

Two months ago, I invested $1 Billion of my "Virtual Portfolio" into the gold ETF (GLD) at about $162 share....then the Market collapsed because of the Greek Debt, but I let it ride until today.  The "virtual Portfolio" lost $62 Million in assets...until last Friday June 1 st.  Two months to recoup the loss, but it worked.  Today I cashed out.  My imaginary portfolio is still about $40 Million down from its all time high, but since it's creation in September of 2010 has returned 58%...GLD has returned 16% YTD. 
While only "Virtual", I find those returns acceptable.