• Daily Digest
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    Daily Digest 1/12 – 10-year Treasury yield climbs to highest level since March, Tesla’s $25,000 Car May Hit The Market Sooner Than Planned

    by Daily Digest

    Tuesday, January 12, 2021, 1:48 PM

Economy

US to require negative COVID-19 test for all international travelers: report

All international airline passengers coming into the U.S. will be required by the government to show proof of a negative COVID-19 test result before taking flights to the country, a new report suggests.

The U.S. Centers for Disease Control and Prevention is slated to issue an order Tuesday, sources familiar with the matter told the Wall Street Journal. The order would probit anyone from flying into the country without a negative COVID-19 test result. The new regulation would go into effect on Jan. 26, sources told the Journal.

In the remaining days of his administration, President Trump is rushing to put into effect a raft of new regulations and executive orders that are intended to put his stamp on business, trade and the economy.

Previous presidents in their final term have used the period between the election and the inauguration to take last-minute actions to extend and seal their agendas. Some of the changes are clearly aimed at making it harder, at least for a time, for the next administration to pursue its goals.

10-year Treasury yield climbs to highest level since March

The U.S. 10-year Treasury yield rallied to a nearly 10-month high Tuesday as investors worried that stimulus measures to combat the economic slowdown caused by COVID-19 could unleash a wave of inflation down the road.

The benchmark 10-year yield climbed as many as 5.5 basis points Tuesday to a high of 1.187%, a level last seen on Mar. 19, the same day California became the first U.S. state to issue stay-at-home orders slowing the spread of COVID-19. The two-year yield, meanwhile, remained anchored near zero, touching 0.153%.

Casino mogul and political donor Sheldon Adelson dead at 87

Billionaire casino magnate Sheldon Adelson, whose gambling and hotel businesses turned him into a major political power broker in the US and Israel, has died.

The founder of the Las Vegas Sands casino company, Mr Adelson was known for his support of conservative causes and Israel.

Bitcoin Rebounds While Leaving Everyone in Dark on True Worth

Bitcoin rebounded after Monday’s steep plunge left investors grasping for clues about what lies ahead for the world’s largest cryptocurrency.

The digital coin rose 4.9% to $35,616 as of 11:30 a.m. in London, following yesterday’s 11% slide. The latest bout of roller-coaster volatility recalls past boom and bust cycles including the 2017 bubble, and has investors debating whether this is a healthy correction or the end of the latest bull run for cryptocurrencies.

Trump administration reverses stance, will no longer hold back second shots of coronavirus vaccine

The Trump administration will announce sweeping changes to its vaccination rollout on Tuesday, including making many more doses of the coronavirus vaccine available and urging states to provide shots to anyone 65 and older. The steps are an effort to speed up a delayed and disjointed rollout.

The changes are a sharp departure from the administration’s previous strategy, and they come just days after President-elect Joe Biden announced plans to release nearly all the vaccine supply. Biden is expected to provide a detailed blueprint on reinvigorating the rollout later this week.

Energy

Tesla’s $25,000 Car May Hit The Market Sooner Than Planned

Tesla may be closer to producing the US$25,000 electric vehicle sooner than the market thought, according to media reports. At Tesla’s Battery Day in September 2020, Elon Musk said that the EV maker would produce a US$25,000 vehicle, probably in three years.

According to documents in Chinese about the Gigafactory Shanghai shared on Twitter by Tesla fans, the Tesla “Model 25k” could be coming out of China as soon as 2022. The previous assumption was that so cheap a Tesla would hit the market in 2024-2025, according to Tesla Facts.

Environment

A palm oil alternative could help save rainforests

There’s an ugly truth to the beauty products we slap on our faces and an unsavoury truth to the foods we eat: many are made with palm oil, which is responsible for the rapid deforestation of some of the world’s most biodiverse forests, destroying the habitat of already endangered species like the orangutan, pygmy elephant and Sumatran rhino.

But now the biotech industry says it has come up with a solution – a synthetic alternative that doesn’t involve burning down or clearing any rainforest. It says this could eventually replace natural palm oil in everything from shampoos, soaps, detergents and lipsticks, to food products like packaged bread, biscuits, margarine, ice cream and chocolate.

Gold & Silver

Click to read the PM Daily Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. 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.”

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33 Comments

  • Tue, Jan 12, 2021 - 4:32pm

    #1
    ezlxq1949

    ezlxq1949

    Status: Bronze Member

    Joined: Apr 29 2009

    Posts: 110

    1

    How on earth does Tesla attract so much capital...

    ...while selling so little product? Can anyone give me a Crash Course in Tesla Theory and Practice?

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  • Tue, Jan 12, 2021 - 4:57pm

    #2
    Pappy

    Pappy

    Status: Bronze Member

    Joined: Jun 29 2020

    Posts: 235

    3

    Tesla is a misguided casino

    It’s that simple. No one knows what to do with their $$$ anymore, so they gamble. Just think of the millions of people who live in their urban apartments who still have an income (just an example, don’t hurt me).

    They have disposable income and TSLA keeps going up. So they invest in it.

    The trend is your friend until the end.

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  • Tue, Jan 12, 2021 - 5:30pm

    #3
    nordicjack

    nordicjack

    Status: Diamond Member

    Joined: Feb 03 2020

    Posts: 1667

    1

    Tesla capital

    Nothing in the stock market is based on real valuations.  So its fiction is as good as any.  Its just still the new kid on the block.  Now that the New green deal, looks like its a done deal.  Getting rid of the combustion engine seems to be on the agenda, and anyone auto-maker leveraged 100% in electric seems to make sense however.   Biggest thing is where are the batteries they promised?  I dont want another mediocre electric car.. Anyone can roll one of these now.   Give me viable hydrogen, and I am buying no matter how high..  I am not giving up internal combustion to tether myself.  (unless every single road becomes electrified...   Its 1800 steps backwards.. We need only forward moves.

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  • Wed, Jan 13, 2021 - 6:40am

    #4

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2828

    7

    Twitter opposes internet shutdowns... in Uganda

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  • Wed, Jan 13, 2021 - 8:46am

    Mark_BC

    Status: Silver Member

    Joined: Apr 30 2010

    Posts: 610

    1

    Mark_BC said:

    Hydrogen is no better than hydrocarbons, actually worse. The hydrogen is sourced by stripping it from natural gas and it turns out it's better to just burn the hydrogen straight in an ICE rather than go through all the headaches of a fuel cell. So then why not just burn the natural gas instead? Plus hydrogen has storage problems, you need a big thick tank to prevent it from leaking away, and high pressure to store enough.

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  • Wed, Jan 13, 2021 - 8:57am

    #6

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 351

    1

    VIRTUAL PANEL — JONAS MEKAS: FILMING INDEPENDENCE LITHUANIA AND THE COLLAPSE OF THE USSR WED—1-13-2021

    Virtual Panel — Jonas Mekas: Filming Independence

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  • Wed, Jan 13, 2021 - 9:58am

    #7
    Nate

    Nate

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    Joined: May 05 2009

    Posts: 596

    2

    ICE

    One fuel option for ICE's is ammonia (NH3).  It can be produced using electric from wind turbines, atmospheric nitrogen, and water.  And no CO2.  Large volumes are currently used for farming and there are some pipelines in place to transport ammonia.

    I'm not for or against ammonia as a fuel - just mentioning it as a possibility.

    https://asmedigitalcollection.asme.org/energyresources/article-abstract/141/7/070703/725857/NH3-as-a-Transport-Fuel-in-Internal-Combustion

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  • Wed, Jan 13, 2021 - 10:54am

    #8

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2828

    11

    Help! I think I’m in an abusive relationship with my country.

    https://www.thewmhi.com/wp-content/uploads/2020/10/Abusive-Relationship-Infographic.pdf

     

     

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  • Wed, Jan 13, 2021 - 11:12am

    #9
    ao

    ao

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    3

    thc, absolutely priceless!

    My vote for best post of 2021! 

    Of course, half the country won't recognize it and will label it a conspiracy theory, lol.

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  • Wed, Jan 13, 2021 - 11:35am

    Grover

    Grover

    Status: Platinum Member

    Joined: Feb 15 2011

    Posts: 1106

    1

    Ammonia Generators

    Nate,

    Electrical power has to be consumed the moment it is generated. Storing it in a battery for use when it is needed allows green power sources (i.e. wind mills or solar panels) to generate when possible and time-shift consumption into the future when needed. Typical batteries have lots of trade-offs that limit usefulness - inefficient, heavy, short-lived, expensive, explosive, etc. That's why we don't have battery buffers on intermittent electrical generators ... and that really limits the utility of intermittent generators.

    Generating ammonia from atmospheric gasses using "green" systems looks interesting! Do you have any information on efficiency of the system? In other words, if a kilowatt-hour of energy is used to convert gasses to ammonia and then the ammonia is subsequently burnt, how much energy gets released? Remember that part of the energy from the single KWH has to run all the pumps, separators, condensers, etc. Are there any rare (or expensive) catalysts necessary for the conversion?

    Grover

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  • Wed, Jan 13, 2021 - 1:03pm

    #11
    Nate

    Nate

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    Joined: May 05 2009

    Posts: 596

    1

    wind to ammonia

    Grover,

    Lots of information regarding wind to ammonia, but 2 themes pop up:  1) this is in the relatively early stages of development and not ready for showtime yet, and 2) this is more cost limited than technology limited.  The University of Minnesota (and of course NREL) are active in this area and have lots if information on-line.  Here is a figure I liked:

    Cost of Energy Storage

    https://wcroc.cfans.umn.edu/wcroc-news/ammonia-wind

    Check out University of Minnesota and their work in the wind to ammonia area.

     

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  • Wed, Jan 13, 2021 - 6:43pm

    #12
    westcoastjan

    westcoastjan

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    Joined: Jun 04 2012

    Posts: 1298

    4

    Pepe has spoken, and again, well worth the read.

    Deep doo doo heading our way sooner rather than later...

    https://www.unz.com/pescobar/9-11-was-the-prelude-1-6-is-the-holy-grail/

    "... So where will 75 million disenfranchised voters – or 88 million Twitter followers – go?

    As it stands, we’re deep into Hardcore Class War. The Top of the Scam Gang are in full control. The remains of “Democracy” have gelled into Mediacracy. Ahead, there’s nothing but ruthless purge, protracted crackdown, censorship, blanket surveillance, smashing of civil liberties, a single narrative, overarching cancel (in)culture. It gets worse: next week, this paranoid apparatus merges with the awesome machinery of the United States Government (USG).

    So welcome to Full Spectrum Domestic Dominance. Germany 1933 on steroids. 1984 redux: no wonder the hashtag #1984 was banned by Twitter.

    Cui bono? Techno-Feudalism, of course – and the interlocking tentacles of the trans-humanist Great Reset. Defy it, and you will be cancelled.

    Bye bye Miss American Pie. That’s the legacy of 1/6."

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  • Wed, Jan 13, 2021 - 6:56pm

    #13
    wotthecurtains

    wotthecurtains

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    2

    Pepe has spoken, and again, well worth the read.

    I've been less interested in the US election as I'm not an American.

    But on the subject of Covid-19, I've come to feel like I live in a country that just lost a war:

     

    We've surrendered.  The fighting is over.   Things feel "kinda normal" but really we are just waiting around now to see what rules we will be made to live under for that is likely the rest of our natural lives.

    I feel like there may be a place for me after the Great Reset is complete.  I just cannot believe the complete indifference of those who will be hurt most by it.

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  • Wed, Jan 13, 2021 - 8:14pm

    Mohammed Mast

    Mohammed Mast

    Status: Platinum Member

    Joined: May 17 2017

    Posts: 1474

    1

    Abusive Relationship with Government

    I have been in an abusive relationship with the US government for over 55 years. I find it hard to believe people are just starting to wake up to that fact. I attribute it to the power of Myth.

    Question: Does anyone believe Amerikaans are as free as they were when the Constitution was signed?

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  • Wed, Jan 13, 2021 - 10:00pm

    #15
    Time2help

    Time2help

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    6

    On abusive relationships...

    THC's poster deserved high resolution.

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  • Thu, Jan 14, 2021 - 2:49am

    #16
    VTGothic

    VTGothic

    Status: Gold Member

    Joined: Jan 05 2020

    Posts: 440

    2

    Re: BTC Leaves Everyone in the Dark about its True Worth (via Bloomberg)

    Here's what "The latest bout of roller-coaster volatility" in Bitcoin looks like.

    Meanwhile, institutions bought the dip. (Bloomberg ain't playin' for Joe and Jane Sixpack's team.)

     

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  • Thu, Jan 14, 2021 - 8:30am

    #17

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2828

    5

    Will someone please show me how this illegal voting in Philadelphia was debunked?

    I may be the only person at PP.com who has first-hand knowledge of illegal voting. I have personally seen the City of Philadelphia’s online voting database and that includes certified dead people being recorded as voting. Repeatedly. Over the years.

    Can someone please show me how that fact has been officially investigated and found to be untrue? I keep hearing that every single claim of fraudulent voting has been proven in courts to be false, and therefore President Harris’s election was legit. I’m clinging to my assertion from my own first-hand knowledge that there was voting fraud and I’m going to continue to assume that none of the claims have been disproven. Can someone straighten me out and document the investigation that was conducted regarding dead people voting again in Philadelphia in 2020?

    Try this for some context:

    https://www.bigtrial.net/2020/11/city-blames-faulty-algorithm-for.html#more

     

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  • Thu, Jan 14, 2021 - 8:46am

    nyhetersverige

    nyhetersverige

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    2

    nyhetersverige said:

    Nothing's been debunked. There was massive fraud on multiple levels. Of course there was. Rudy brought in a former Army officer who's been studying the matter. We now have Maria Zack. There are over 2,000 sworn affidavits etc.

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  • Thu, Jan 14, 2021 - 10:21am

    stevedaly

    stevedaly

    Status: Silver Member

    Joined: Apr 23 2020

    Posts: 227

    4

    Demise of the Republican party?

    2016 Election: we were holding our breath because Detroit was holding off on reporting their final vote count in the Michigan election until it could be determined how many votes were needed for Hillary to win the state.  Ultimately they couldn't find enough votes to surpass the rest of the state and Trump won.

    2018 Midterm: several congressional districts in Orange County, California, traditional Republican strongholds, showed substantial leads for Republicans at the end of election night.  Over the next few days absentee/mail in votes were harvested (gathered by community activists) and turned in, enough to  elect Democrats to these congressional seats.

    2020 Presidential election: thousands of sworn affidavits from election observers about procedure violations, individual states violating their own voting laws, mail in voting exceptions made to state laws  supposedly because of a Coronovirus epidemic, massive ballot harvesting, swing states shutting down vote count observation in early morning hours after election days when sudden massive vote dumps were generated that shifted the vote lead from Trump to Biden, massive numbers of paper ballots were manufactured and shipped to USPS centers for back dating or to counting centers to back up the reported counts of Dominion electronic counting machines.

    So far lawsuits over election fraud have been quashed in courts without hearing of any evidence.  Big news sources have been constantly criticizing Americans who want a fraud investigation as promoting "false claims" and "conspiracy theories" without any refuting of their facts.  The entire system, the election officials, fraud investigators, elected representatives, the courts, and journalism have all failed in their responsibilities.  The only recourse left for the American people is massive demonstrations.

    Is the Republican Party is rapidly self-destructing and becoming irrelevant?  They are losing working class Americans who are realizing now that they have been cheated out of good factory and construction jobs for the last 30 years by their Republican and Democrat elected officials.

    Here's the Georgia chairperson of the Democrat Party complaining that Dominion Machines can be compromised:

    https://thenationalpulse.com/breaking/georgia-dem-dominion/

    ‘Absentee ballots remain the largest source of potential voter fraud.” That quote isn’t from President Trump, who criticized mail-in voting this week after Wisconsin Democrats tried and failed to change an election at the last minute into an exclusively mail-in affair. It’s the conclusion of the bipartisan 2005 report of the Commission on Federal Election Reform, chaired by former President Jimmy Carter and former Secretary of State James Baker III.

    https://www.wsj.com/articles/heed-jimmy-carter-on-the-danger-of-mail-in-voting-11586557667

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  • Thu, Jan 14, 2021 - 10:34am

    Doug

    Doug

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    Doug said:

    Steve, I will again correct this conspiracy theory as I did a few days ago for another misguided poster:

    "So far lawsuits over election fraud have been quashed in courts without hearing of any evidence."

    The 60 some suits were not thrown out of court because they didn't look at the evidence.  They were thrown out because Trump's clowncar of lawyers didn't present any evidence.  That's because there was none, and even the clowns realized they couldn't present the conspiracy theories because they could be sanctioned for lying to a judge.  If you're going to launch a lawsuit, you have to present a prima facie case.  That is a case that will prevail if there is no defense presented.  The Trump suits couldn't even clear that very low bar.

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  • Thu, Jan 14, 2021 - 1:12pm

    Quercus bicolor

    Status: Gold Member

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    Quercus bicolor said:

    Can somebody present some actual data, so I have some way to discern between "didn't hear the evidence" and "didn't present any evidence"?  There must be some court documents or sufficiently detailed reporting to help.

    It would also be very nice if we could refrain from mean spirited and judgemental terms like "clowncar lawyers" and "clowns".  There's already more than enough of that going on out there in the world.

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  • Thu, Jan 14, 2021 - 1:33pm

    Doug

    Doug

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    1

    Doug said:

    There are 60 some decisions.  Pick one and read it.  They are public documents.  You can probably google the specific court you want and retrieve them there, although some may have been just dismissed without comment.  They all say essentially the same thing.  The plaintiffs failed to present evidence upon which a complaint may be sustained.  As far as clown car and clowns, I was referring to Rudy Giuliani and the Kraken lady, whose name I never learned.  If you would prefer a different descriptor, how about shams.  They should be disbarred and made to pay court costs.

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  • Thu, Jan 14, 2021 - 2:01pm

    Quercus bicolor

    Status: Gold Member

    Joined: Mar 19 2008

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    3

    your claim - you provide evidence, please.

    Doug, you are making the claim, so please do the hard work of supporting it yourself and present what you find to us.  I presume you have done this already.  Or are you just repeating someone else's claim?

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  • Thu, Jan 14, 2021 - 4:22pm

    Doug

    Doug

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    0

    See Here we Go thread

    See above

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  • Thu, Jan 14, 2021 - 4:55pm

    Yoxa

    Yoxa

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    Posts: 359

    3

    Some background reading

    so I have some way to discern between "didn't hear the evidence" and "didn't present any evidence"?  There must be some court documents or sufficiently detailed reporting to help.

    This article is a few weeks old but summarizes a number of cases: Trump's election fight includes over 50 lawsuits. It's not going well.

    Reuters has an interesting article about how Trump-appointed judges are not dancing to his tune: U.S. judiciary, shaped by Trump, thwarts his election challenges

    Here's a database from Heritage.org of proven voter fraud cases across the US: A Sampling of Recent Election Fraud Cases from Across the United States

    To me that database suggests that voter fraud does happen but it's a tiny, tiny percentage of total votes cast.

    Lots more reading in this Google search: voter fraud court case

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  • Fri, Jan 15, 2021 - 8:08am

    #26
    stevedaly

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    1

    "Denied" cases

    Yoxa your first reference cites a number of cases that were "Denied".

    https://www.nbcnews.com/politics/2020-election/trump-s-election-fight-includes-over-30-lawsuits-it-s-n1248289

    So, which of those cases were denied status for trial?

    Which of those cases were tried and found insufficient to support judgment in the plaintiffs favor?

    What the heck does "Denied" mean?

    Are the judges saying they will not let the complaints go to trial?

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  • Fri, Jan 15, 2021 - 8:26am

    nordicjack

    nordicjack

    Status: Diamond Member

    Joined: Feb 03 2020

    Posts: 1667

    1

    re denied cases

    It appears that the proof is needed before court but you care not allowed to present it thoroughly.   That is why we have trials..  It makes no sense - that is the trial process is to determine - the facts ... and the evidence as proof.     I understand there has to be some substance to the claim.. AND there is more than sufficient for this.  But judges need to weight the importance of claim as well.   They are simply criminal.

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  • Fri, Jan 15, 2021 - 8:35am

    #28
    2retired

    2retired

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    1

    2retired said:

    Any search on google is biased and filtered (the new wikipedia); so if you referenced your info from a google search....................

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  • Fri, Jan 15, 2021 - 8:44am

    Quercus bicolor

    Status: Gold Member

    Joined: Mar 19 2008

    Posts: 1085

    2

    not useful

    I looked at your links, yoxa.

    This article is a few weeks old but summarizes a number of cases: Trump's election fight includes over 50 lawsuits. It's not going well.

    Lists a brief summary of each complaint and then a 1-2 word indication of it's status.  No details given on the complaint, the actual evidence presented or the judges reasoning behind the decision (lacked standing? insufficient evidence?).  This is not helpful to someone who wants to drill down and see what actually happened in detail.

    Reuters has an interesting article about how Trump-appointed judges are not dancing to his tune: U.S. judiciary, shaped by Trump, thwarts his election challenges

    More or less a fluff piece.  No useful information to help me decide what actually happened.

    Here's a database from Heritage.org of proven voter fraud cases across the US: A Sampling of Recent Election Fraud Cases from Across the United States

    A nice summary on some pre-2020 election fraud, but not one listing from the November election.   So it's irrelevant.

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  • Fri, Jan 15, 2021 - 10:03am

    Yoxa

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    Posts: 359

    0

    Drill down

    This is not helpful to someone who wants to drill down and see what actually happened in detail.

    If anyone has done a roundup with the depth of info that you desire, I didn't come across it. But you can use the NBC list as the starting point for your own research. Look up any or all of the cases that interest you, and see what the court documents say.

    but not one listing from the November election

    Are there any proven-in-court cases to list at this point?

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  • Fri, Jan 15, 2021 - 10:22am

    davefairtex

    davefairtex

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    Posts: 2918

    3

    sharing pepe escobar on Facebook

    The Pepe Escobar article was awesome.  Insightful, even.

    I tried to share it with a friend on facebook using messenger.  Send failed.  I tried splitting the link into words.  Send failed.  I finally had to spell it out:

    "site www dot unz dot com slash pescobar slash 9-11-was-the-prelude-1-6-is-the-holy-grail"

    For real.  Things are bad, and getting worse.  I mean, this is actual 1984 at this point.  I'm guessing they are tracking what I write.  I'm sure I'm on a list. Or I have a new "attribute":  "attempts to share domestic terrorist content."

    Wow.

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  • Fri, Jan 15, 2021 - 11:36am

    Edwardelinski

    Edwardelinski

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    0

    Pepe Escobar

    This summer the State Dept released a special report on The Pillar's of Russia's Disinformation and Propaganda Ecosystem.Pepe Escobar is on the list.Could be why you were unable to post.

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  • Fri, Jan 15, 2021 - 12:55pm

    agitating prop

    agitating prop

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    agitating prop said:

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