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    Daily Digest 11/12 – “The Will of the People” Is a Myth, The Weather Forecast For Gas

    by DailyDigest

    Saturday, November 12, 2016, 4:28 PM

Economy

“He Won Because The Elites Want Him There, The Global Economy Will Collapse” (reflector)

The system as we know it cannot be sustained. Yellen and co. have been simply waiting for the right time to let the other shoe drop – namely, after it could influence the election even further in the direction of Trump’s populist uprising. Unfortunately, he will now be largely blamed for the great destruction that is scheduled to fall upon this nation. In fact, that is the very reason that Brandon Smith of Alt-Market.com attributed to Trump’s victory when he predicted his election many months ago.

Something big is coming… prepare yourselves accordingly.

“The Will of the People” Is a Myth (reflector)

Thus, we’re forced to conclude there is no basis for the claim that a vote for candidate X means voter approval of that candidate’s agenda. Nor can we make any claims about the intensity of each voter’s preference for the candidate’s policy agenda. A mere cast vote tells us very little. Nor does the “will of the people” assertion take into account the fact that extremely few voters are involved in choosing the candidates that compete in the general election. As The New York Times pointed out this year, only 9 percent of Americans (14 percent of eligible voters) voted for either Clinton or Trump in the primary process.

California secession group to hold meet-up at State Capitol (jdargis)

And it appears the organization has been considering its strategy for quite a while now. On its site, you’ll find a link to a 33-page “Blue Book” wherein the organization answers any hypothetical questions about the state becoming its own country. The details for the secession — dubbed the #CalExit — include such topics such as “Will we join the United Nations?” and “Will we have our own Olympic team?”.

Here’s How Automation Will Prevent Trump’s Job Promises (Arthur Robey)

“[A]dvancements in technology and how they reshape our economy may also keep him from delivering on some of the major promises that made him so popular during the campaign season,” writes Wadhwa, who’s a fellow at Stanford University’s Rock Center for Corporate Governance, director of research for the Center for Entrepreneurship and Research Commercialization at Duke, and a distinguished fellow at the Singularity University.

Trump The Collapse With Gold (Tiffany D.)

The U.S. dollar is likely to weaken again. It weakened for several months after the December rate hike last year when investors realized soon thereafter that the Fed had made a mistake. It strengthened in recent weeks on expectations of a December rate hike this year, but now that that’s all but dead, the buck will again roll over.

Family ties: why political dynasties rule in America’s democracy (jdargis)

Despite successfully revolting against Britain’s ruling monarchy, almost half of the elected representatives to the first US Congress (1789-1991) served alongside a blood relative. Since the US became an independent republic in 1789, almost 400 parent-child duos and more than 190 pairs of siblings have served in Congress. More than 700 families have had two or more members in Congress.

The Weather Forcast For Gas (Arthur Robey)

Just like the oil market, a gas rally requires supply to diminish, consumption to rise, or a combination of both. With gas, weather can make or break the market: Over the past five years, U.S. gas demand in the first quarter has averaged as low as 81 billion cubic feet a day and as high as 97 billion. This winter has been exceptionally mild in the northeast. Put that together with resilient U.S. gas production and you get today’s depressed gas market.

MPAA-backed Trans-Pacific Partnership accord dead in wake of Trump win (jdargis)

“In terms of the TPP agreement itself, Leader McConnell has spoken to that, and it’s something that he’s going to work with the president-elect to figure out where they go in terms of trade agreements in the future,” Wally Adeyemo, Deputy National Security Advisor for International Economic Affairs told The Wall Street Journal late Friday.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/11/16

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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7 Comments

  • Sat, Nov 12, 2016 - 11:41pm

    #1

    Bankers Slave

    Status Silver Member (Offline)

    Joined: Jul 26 2012

    Posts: 513

    More on Trumps disdain for the little people and the enviroment.

    https://www.youtube.com/watch?v=fVA92n7Dvsc

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  • Sun, Nov 13, 2016 - 2:04am

    #2

    Arthur Robey

    Status Platinum Member (Offline)

    Joined: Feb 03 2010

    Posts: 1814

    Comey

    I've gained  a lot of respect for Comey. He was always one step ahead.

    He played peekaboo with the emails. Now you see them, now you don't.  His last move was a beauty. He withdrew the investigation at the last moment. The implication being that he was got at by the evil establishment. 

    In my opinion he is a real Pro. And I guess that is why he got the job.

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  • Sun, Nov 13, 2016 - 3:12pm

    #3

    LesPhelps

    Status Silver Member (Offline)

    Joined: Apr 30 2009

    Posts: 475

    The Elites Wannted Trump To Win?

    Does that include George Soros?

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  • Sun, Nov 13, 2016 - 4:39pm

    #4

    LesPhelps

    Status Silver Member (Offline)

    Joined: Apr 30 2009

    Posts: 475

    The Bankers Slave video above is blocked

    NT

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  • Mon, Nov 14, 2016 - 1:04am

    #5

    Arthur Robey

    Status Platinum Member (Offline)

    Joined: Feb 03 2010

    Posts: 1814

    The Racial Vote.

    Rush Limbaugh breaks cover.

    Longtime kosher conservative Rush Limbaugh has finally broken cover and dared to point out that there is nothing wrong with white people voting in their own interests.

    http://newobserveronline.com/rush-limbaugh-breaks-cover/#comment-711983

    My comment.

    Racism was coined by Leon Trotsky. 
    No Gladys, it is not a sin. It is a communist term to describe a way of seeing the world. It is exactly equivalent to Nationalism, another Communist buggaboo.
     
    On to my Race. I am a descendant of Cro-Magnons and Neanderthal. 
    If you are a not, get over it.
    Neanderthals were apex predators. It is an attribute of All predators to be empathic. You have to know what your prey is thinking.  It is this empathy that sets us apart from the rest of the hominems. The Asians are 20% more Neanderthal than me. Fortunately they differentiate between empathy and sympathy.

     

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  • Mon, Nov 14, 2016 - 7:45am

    Reply to #3
    reflector

    reflector

    Status Bronze Member (Offline)

    Joined: Aug 20 2011

    Posts: 252

    RE: The Elites Wannted Trump To Win?

    [quote=LesPhelps]

    Does that include George Soros?

    [/quote]

    some related questions:

    are "the elites" one monolithic group with unanimous opinion, or are there competing interests?

    if they wanted trump to win, then why?

    -was it because they want a fall guy for when the economy falls apart?

    -was it because they got concerned with the liability that clinton posed, possibly with respect to a ww3 outcom, or for other reasons?

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  • Mon, Nov 14, 2016 - 3:08pm

    #6

    saxplayer00o1

    Status Silver Member (Offline)

    Joined: Jul 30 2009

    Posts: 2953

    Era of Low Interest Rates Hammers Millions of Pensions Around Wo

     

    Era of Low Interest Rates Hammers Millions of Pensions Around World

    Wall Street Journal18 hours ago
    In February, Japanese central bankers adopted negative interest rates for the first time on some excess reserves held at the central bank so commercial banks …

    QE is harming business via greater pension costs, survey finds

    Financial Times21 hours ago
    Ballooning pension deficits are hitting company profits and leading to hiring freezes, according to a new survey that challenges the Bank of England's view that …

    Chinese Bonds Headed for Longest Run of Losses in Three Years

    Bloomberg7 hours ago
    Chinese sovereign bonds headed for the longest losing streak in three years, … debt narrowed to the least since January last week after a plunge in Treasuries.

    As BOJ wanes, Japan sees fiscal stimulus as likely next step

    Reuters8 hours ago
    Government officials stress there is no plan right now to draft another big fiscal spending package or go down the route of "helicopter money" – a policy where the …

    India raises cap on bank cash withdrawal to ease public anger

    Reuters20 hours ago

    The Reserve Bank of India said small denomination currency notes were available with both the central bank and with other lenders. People "need not be ..

    Postal Service begins the holiday season by delivering more debt

    The Hill (blog)1 hour ago
    Racking up nearly $40 billion in debt since 2011 and operating with over $116 billion in outstanding debt and unfunded liabilities, the financial issues that …

    Scotland facing up to £1.3 billion extra cuts thanks to Brexit 'growth …

    Telegraph.co.uk8 hours ago
    Scotland is facing extra spending cuts of up to £1.3 billion when the … in bringing the public finances under control, our debt and deficit remain too high.

     

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