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    Daily Digest 2/2 – The FBI’s Secret Rules, Will Donald Trump Reverse The War On Cash?

    by DailyDigest

    Thursday, February 2, 2017, 1:16 PM

Economy

The FBI’s Secret Rules (lambertad)

President Trump has inherited a vast domestic intelligence agency with extraordinary secret powers. A flush of documents offers a rare window into the FBI’s quiet expansion since 9/11.

Dow Companies Report Worst Revenues since 2010, Dow Rises to 20,000 (LOL?) (Aaron M.)

The 30 Dow component companies represent the leaders of their industries. They’re among the largest, most valuable, most iconic American companies. And they’re periodically booted out to accommodate a changed world. For example, in March 2015, AT&T was booted out of the Dow, and Apple was inducted into it, as its ubiquitous iPhone had become the modern face of telecommunications. New blood with booming revenues replaces the stodgy old companies. In aggregate, revenues should therefore rise, right?

Will Donald Trump Reverse The War On Cash? (CleanEnergyFan)

Most Italians didn’t understand the complex and arcane constitutional changes written into the referendum. So it took on a life of its own when Matteo Renzi promised to resign if it failed. That’s a vote everyone can understand.

When Renzi made that promise, he thought it was a safe bet. It’s similar to what happened to David Cameron with the Brexit vote.

Fortune Favors The Gold (Tiffany D.)

Paul made a bold call last February: “This is just the first inning of a monster bull market for gold mining stocks,” he wrote. “You could make 100% to 200% over the next 12 months.”

But Paul was wrong.

Buying a house in New Zealand is Silicon Valley code for getting ‘apocalypse insurance’ (Dana T.)

“Saying you’re ‘buying a house in New Zealand’ is kind of a wink, wink, say no more,” Hoffman told The New Yorker. “Once you’ve done the Masonic handshake, they’ll be, like, ‘Oh, you know, I have a broker who sells old ICBM silos, and they’re nuclear-hardened, and they kind of look like they would be interesting to live in.'”

Is The Kremlin Funding A Campaign That Undermines U.S. Fracking? (Tom K.)

It only takes a bit of common sense to see why Russia would not be too happy with the shale revolution – it brought prices down, shaving billions off Russia’s state revenues from oil. So, the suggestion that the Kremlin has a material interest in undermining the popularity of fracking in the U.S. by fueling opposition to it is a logical one. Yet, besides this logical suggestion, there are several questions that might raise some doubts as to the actual “Russian threat” to fracking.

First thoughts on NASA’s EmDrive paper – Off-World Empire Reacts (Arthur Robey)

The hypothetical spacecraft engine has made waves for seeming to violate the laws of physics. What’s actually going on?

How global economic growth will drown in Trump’s oil glut after 2018 (Dan M.)

BP is a powerful member of the top US oil industry lobby group, the American Petroleum Institute, whose other members include ExxonMobil, Chevron, Royal Dutch Shell and Saudi Aramco. The group is currently lobbying the Trump administration for more deregulation, offshore drilling and pipeline construction.

Gold & Silver

Click to read the PM Daily Market Commentary: 2/1/17

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. 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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