Daily Digest

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Daily Digest 12/9 - Australia Wants Its Gold Back, Find The Sheep Of Your Dreams

Monday, December 9, 2013, 12:11 PM

Economy

David Simon: 'There are now two Americas. My country is a horror show (jdargis)

That may be the ultimate tragedy of capitalism in our time, that it has achieved its dominance without regard to a social compact, without being connected to any other metric for human progress.

David Simon: A Festival of Dangerous Ideas (westcoastjan)

These are free of political controls and social responsibility and have largely monopolized power in Western Civilization and in American society. They are ruthlessly going forward to eliminate land, labor, entrepreneurial-managerial skills, and everything else the economists once told us were the chief elements of production.

A Tribute to Nelson Mandela by Pulitzer Winner David Turnley (jdargis)

“During my lifetime I have dedicated myself to this struggle of the African people. I have fought against white domination, and I have fought against black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony and with equal opportunities. It is an ideal which I hope to live for and to achieve. But if needs be, it is an ideal for which I am prepared to die.”

Australia Wants Its Gold Back (Taki T.)

Australia has 80 tonnes of gold which is managed by the Reserve Bank of Australia (RBA) as part of its foreign reserves assets. The RBA’s PR department has stated that Australia’s 80 tonnes of Gold Reserves is stored at the Bank of England, in London for cost efficiency and security reasons. However, Australia has international standard bullion storage facilities with capacity to store Australia’s gold at cost competitive rates. Also the cost to build a new Federal Government owned facility is negligible when compared to the current value of Australia’s gold ($3.3 billion).

TSB says CN Rail failed to report hundreds of derailments, collisions (westcoastjan)

“All of a sudden there became a wide discrepancy in the [derailment] numbers [compared with CN’s competitors],” recalls Ian Naish, who left the TSB in 2009. “You say ‘Well, OK, what’s going on here?’”

Jackpine Mine will destroy wetlands and wildlife, First Nations say (westcoastjan)

Shell said it could bring the Alberta and federal governments an estimated $17 billion in royalties and taxes over its life and create an additional 750 full time jobs.

But Indigenous and environmental groups say the predicted damage to water, land and animals outweighs any profits the addition to the oil sands will yield.

White House Triples Agency Renewable Energy Mandates (James B.)


In an executive order released on 5 December, President Barack Obama has tripled the mandate for use of renewable sources of energy for federal agencies by 2020.

According to the executive order federal agencies will have to replace 20% of the electricity they use with renewable sources by 2020—up from a 2005 mandate of 7.5% by 2013. This includes all federal agencies both civilian and military.

Which Sheep: Find the Sheep of Your Dreams (jdargis)

Wool textures vary across breeds, with carpet-wool sheep producing fibers almost twice as thick as fine-wool sheep. If you’re looking to spin wool by hand, you may prefer long-wool breeds, such as Romneys and Lincolns. These are commonly raised in rainy places like England and New Zealand, unlike fine-wool sheep, which adapt better to arid environments, such as the American Southwest.

Gold & Silver

Click to read the PM Daily Market Commentary: 12/6/13

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

6 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
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SailAway's picture
SailAway
Status: Gold Member (Online)
Joined: Aug 11 2010
Posts: 343
3D-printed heart uses urine to power robot (seriously)

3D-printed heart uses urine to power robot (seriously)

In the buzzword story of the year, researchers at the University of the West of England created a 3D-printed robot heart that runs on urine. That’s right, a printed organ that pumps pee through a robot

robie robinson's picture
robie robinson
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Joined: Aug 25 2009
Posts: 610
sheep?

yearsago we bred-upfrom suffolk to Katahdinhair sheep wow, their the most productive/acre for our setting. cospecies graZING 150 devon/angus beeves and 100 katahdin ewes. interestingly the Maryland U. smallruminant professor cited by the articlegot our katahdin seedstock for us.

the robinsons (lamb,itswhatsforlunch")

thc0655's picture
thc0655
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Posts: 531
4th Turning and Hunger Games

Jim Quinn at The Burning Platform on the 4th Turning, The Hunger Games, and contemporary events:

http://www.theburningplatform.com/2013/12/08/may-the-odds-ever-be-in-you...

treemagnet's picture
treemagnet
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Joined: Feb 13 2011
Posts: 344
One of his best.

That piece is one of his best - and maybe one of the better posts for those who can't make the connection with the 'real' world around them.  Jim Quinn on a podcast....definitely would be good and worthwhile.

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 2587

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