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    Daily Digest 12/13 – The State Of American Retirement, The World’s Deepest Gold Mine

    by DailyDigest

    Tuesday, December 13, 2016, 3:07 PM


Why Treasury Yields Are Rising- It’s Sad (Aaron M.)

When the media and most Wall Streeters talk about what drives the Treasury market they talk about silly things like inflation expectations, economic expectations, interest rate expectations. As if “expectations ever turn out to be right. They say that yields rise when “the market” expects a stronger economy and rising inflation. They say that yields fall when “the market” expects low inflation and a weak economy. Supposedly the two go hand in hand.

Dow Heads for 20,000 as Fed Rate Hike Looms, Oil Extends Gains (jdargis)

Apple Inc. contributed the most to gains in the blue-chip index as it heads for a fresh record and the round-number milestone. The gauge has rallied 8.5 percent since the Nov. 8 election and now trades almost 7 percent higher than its average price for the past 50 days. Its relative-strength index stood at the highest level in two decades, a signal to technical analysts that the surge may have gone too far too soon.

The Trump Economic Asteroid (Tiffany D.)

There are asteroids headed for us right now, in fact … hidden by the incessant prattle about the president-elect’s latest tweets. A big one is the likely merger of AT&T and Time Warner Communications, which will entrench monopoly conditions in the U.S. telecom sector and maintain our status as the most expensive, worst-served broadband market in the developed world.

The State of American Retirement: How 401(k)s have failed most American workers (Yoxa)

In addition to other demographic factors, the charts show trends in retirement preparedness by six-year age group or birth cohort from 1989 to 2013. Six-year groups were chosen because the Survey of Consumer Finances is conducted every three years, but six-year groups produce larger sample sizes. All charts use inflation-adjusted dollars and, where possible, are shown on comparable scales. Dollar amounts in charts may reflect rounding by survey respondents.

Where Were Trump’s Votes? Where the Jobs Weren’t (jdargis)

This view fits a common narrative among liberal analysts of American politics, most prominently conveyed in “What’s the Matter With Kansas,” the 2004 best-selling book by Thomas Frank: Republicans use cultural issues like abortion, guns and gay marriage to gain the votes of struggling workers who nonetheless stand to lose the most from the Republicans’ small-government agenda.

How To Resist Propaganda (jdargis)

Then I thought about it a bit more. What if I could use my appearance on RT to speak my mind about the authoritarian alternative to democracy—and drive home just how much we have to lose back here in the United States? I emailed the producer and agreed to make the appearance on the condition that it be carried live, not tape-delayed. To my surprise, the producer quickly agreed. The game was on. I walked over to RT’s New York offices on Third Avenue and was connected to a host in Moscow. Now I just had to make sure that I didn’t choke.

“Is that really the case, then,” a slick news anchor with a cut-glass English accent asked me at the top of the segment, “that people are losing faith in democracy?”

Descend Into The World’s Deepest Gold Mine (reflector)

In fact, as Visual Capitalist’s Jeff Desjardins notes, they will even suspend themselves 2.5 miles into the Earth – braving extreme temperatures, armed thieves, and constant seismic activity – just to mine a 30-inch gold reef.

Welcome to another day at Mponeng, the world’s deepest gold mine.

An (Edible) Solution to Extend Produce’s Shelf Life (jdargis)

“It takes 30 days to get blueberries grown in Chile to market in the United States, which means they have to be picked before they’re ripe and shipped under heavy refrigeration,” said James Rogers, the founder and chief executive of Apeel. “We can change that.”

If the product performs as advertised, it could bring sweeping changes to the produce industry and grocery aisles. It could reduce food waste and the use of pesticides and increase the varieties of fruits and vegetables available.

Gold & Silver

Click to read the PM Daily Market Commentary: 12/12/16

Provided daily by the Peak Prosperity Gold & Silver Group

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  • Tue, Dec 13, 2016 - 9:20pm



    Status Bronze Member (Offline)

    Joined: Feb 19 2016

    Posts: 149

    shelf life

    We have to move beyond shipping fruit back and forth between countries and all over the world ! The solution is not yet another way to try and preserve "fresh" produce, that is no longer then fresh. The solution is to relocalize and eat local foods that do not take 30 days to get to stores. There is no reason to ever be importing fruits, like blueberries, that grow in the USA. Eat them in season, dry them, can them, freeze them. No need to use all this energy to import them

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  • Wed, Dec 14, 2016 - 4:19pm



    Status Silver Member (Offline)

    Joined: Jul 30 2009

    Posts: 2923

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