The big hardware-type stores...Lowe's and Home Depot have it in three or four (colors) strengths. Stay away from the highest strength, as it might take a torch to loosen it again. I "think" that the purple strength is a milder one and can be loosened with ordinary tools when/if you want to. There should be a chart next to where it is sold, and that will help.
I've used the mild on handguns...front sights, etc... but NEVER used the RED.
I've never felt the need to use it on knives, although some guys use it on the pivots once they've got it where they want it.