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    Daily Digest 12/26 – Fears Over Economic Slowdown Rattle Market, The Flight from Nature

    by saxplayer00o1

    Wednesday, December 26, 2018, 2:46 PM


Gold Powers to Six-Month High as Turmoil Spurs Demand for Haven

“Overall the latest move on gold should be a stark reminder to investors that gold in any form should be an essential part of any long-term investment strategy, as again the yellow metal has proven its weight when markets turn turbulent,” said Stephen Innes, head of Asia Pacific trading at Oanda Corp.

Free fall: Oil slips to lowest since 2017 as fears over economic slowdown rattle market

Both grades of crude are in a bear market, usually defined as a decline of at least 20 percent from a recent peak. They are on track for losses of about 40 percent in the fourth quarter.
Investors flocked to safe-haven assets such as gold and government debt at the expense of crude oil and stocks, analysts say. They explain that the US-China trade dispute and the prospect of a rapid rise in US interest rates have brought global stocks down from this year’s record highs.

Nasdaq in Bear Market With 20% Drop, Dow Jones Worst Week Since 2008

The Dow Jones has dropped by 16.3 percent from its all-time high at 26,828 points and is approaching bear market territory.

Japan’s Nikkei tumbles into a bear market after Wall Street’s latest slide

The index is now down just over 21% from highs reached in early October, which meets a widely accepted definition of a bear market.

Trump rants while ‘all alone’ in White House on Christmas Eve (Sparky1)

“I am all alone (poor me) in the White House waiting for the Democrats to come back and make a deal on desperately needed Border Security,” Trump wrote in what may have been a tongue in cheek tone in his 10th tweet of the day.

13 Urban Survival Tips From The Homeless (thc0655)

Homeless people know a thing or two about staying warm, as many of them have to sleep outside when it’s incredibly cold and snowing outside. A common strategy they use, which is very applicable to survival situations, is to dress in layers.

The first layer is the layer in direct contact with your skin, the second layer is the insulation layer (or the layer designed to keep you warm), and the third layer is the shell layer, or the layer designed to protect you from the wind and the rain and snow.

Preppers How Much Food is Enough? (Estimates Based on Historical Events) (thc0655)

A question that is commonly asked among preppers is “How much food should I store?” There is no single answer which can fit the needs of all, for each prepper has different income levels and storage space. Some may be responsible for feeding more than one person while others live in the midst of an abundant natural food supply. How well one intends to eat during a crisis is another indiscernible factor which will vary from person to person.

The Flight from Nature (Matt H.)

If you want to change people’s minds, you have to address their needs and wants, their hopes and fears and dreams. This means you actually have to listen to them, and not just decide on some arbitrary ideological basis what their needs, wants, hopes, fears, and dreams ought to be. You have to treat them as people, not ciphers, whose point of view also has to be taken into account—and of course doing this brings with it the risk that you’ll not merely have to change your tactics or your strategies, but may possibly be forced to reconsider your own beliefs as well. You can refuse that risk and treat them as objects to be manipulated, sure, but if you do so, your chances of changing anyone’s mind drop like a rock.

Gold & Silver

Click to read the PM Daily Market Commentary: 12/24/18

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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