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    Daily Digest 11/24 – Trump’s Opportunity To Fix The Fed, Post-Election Probabilities for Gold

    by DailyDigest

    Thursday, November 24, 2016, 3:37 PM


Trump’s Tulsi Gabbard Factor (Aaron M.)

“Bernie Sanders voted against the Iraq War,” Gabbard says. “He understands the cost of war, that that cost is continued when our veterans come home. Bernie Sanders will defend our country and take the trillions of dollars that are spent on these interventionist, regime change, unnecessary wars and invest it here at home.”

In the ad, Gabbard threw down the gauntlet to the neocons and their liberal-hawk sidekicks, by accusing them of wasting trillions of dollars “on these interventionist, regime change, unnecessary wars.” Her comments mesh closely with Trump’s own perspective.

Donald Trump’s Awesome Opportunity To Fix The Federal Reserve (Aaron M.)

There are currently two vacant positions on the Federal Reserve Board of Governors, the main governing body of the central bank. Chairwoman Janet Yellen and Vice-Chair Stanley Fischer’s terms will expire by 2018. This means that should Yellen and Fischer follow custom and concede their board seats, Trump will have the opportunity to replace four of the Fed’s seven leading officials with conservative figures during his presidency.

Stanford researchers find students have trouble judging the credibility of information online (blackeagle)

The new report covered news literacy, as well as students' ability to judge Facebook and Twitter feeds, comments left in readers' forums on news sites, blog posts, photographs and other digital messages that shape public opinion.

The assessments reflected key understandings the students should possess such as being able to find out who wrote a story and whether that source is credible. The authors drew on the expertise of teachers, university researchers, librarians and news experts to come up with 15 age-appropriate tests — five each for middle school, high school and college levels.

5 Tips For Rock Solid Wealth Protection In 2017 (Taki T.)

Like in 2016, in 2017 your best bet to weather the storm will most likely be to diversify your investments internationally and also across different asset classes that aren’t correlated. While this might reduce short-term returns, we believe that this is best way to protect your wealth in the volatile times ahead. As a 2014 study shows, in higher-risk levels, international diversification provides significantly more stable returns, than domestic diversification. If one or more of your stocks tanks or the environment suddenly shifts, your other investments will provide a natural wealth loss barrier.

Charting the Post-Election Probabilities for Gold (Kevin J.)

Technical analyst Clive Maund examines the immediate impacts of Donald Trump's presidential victory on the gold market, gold miners and the US dollar.

“Fundamentally, the reason for gold heading sharply lower on a Trump win was not the possibility of Trump melting down Trump Tower and casting it into gold ingots to dump on the market, but the prospect of Trump's ambitious and expansionary policies driving up interest rates. This had the immediate effect of driving the dollar higher, but given that sharp moves across markets since the election have been based on a combination of assumptions and wishful thinking, they could go into reverse very quickly.”

Right-wing group led by Trump propagandist launches campaign against Elon Musk, Tesla and SpaceX (Michael W.)

For example, they say they are against “Big Energy” in their manifesto, but in the section about ‘Big Energy’ they only attack the solar industry because they receive tax breaks. Does the solar industry really represent “Big Energy”? If your goal is really to attack energy subsidies, solar and renewable energy subsidies should be your last target considering their share of federal subsidies…

Is OPEC Playing The Oil Markets Again? (Josh O.)

Goldman Sachs hiked its oil price forecast this week by a substantial amount. The investment bank expects oil prices to average $55 per barrel in the first half of 2017, up sharply from the previous estimate of $45 to $50. The bank is now “tactically bullish” on oil. “With greater confidence that the global oil market can finally shift into deficit later next year, we now believe that there is a strong rationale for low-cost producers to deliver a swift production cut to normalize inventories,” Goldman analysts wrote in a research note this week. In fact, Goldman Sachs sees prices rising across a range of commodities next year.

Trump's Plan To Defund NASA's Climate Research Is… Yikes (tlampman)

NASA may instead focus on a Cold War-era throwback space race to explore the cosmos, leaving climate research to other agencies. But NASA’s unique position as a space agency means that it has a view of Earth that other agencies like the National Oceanic and Atmospheric Administration (NOAA) are rarely afforded. Indeed, NOAA and NASA often partner on climate-monitoring projects like the recently launched GOES-R satellite or the DSCOVR climate observatory, which watches for space weather that can knock out electrical grids (among many other things).

Gold & Silver

Click to read the PM Daily Market Commentary: 11/23/16

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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  • Fri, Nov 25, 2016 - 1:53am



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  • Fri, Nov 25, 2016 - 2:55pm


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