Hard Asset Alliance Invest In Gold
  • Daily Digest

    Daily Digest 4/8 – Gov’t Seeks National Surveillance System, Food Goes To Waste Amid Crisis

    by Daily Digest

    Wednesday, April 8, 2020, 7:01 AM


Economy

In Italy, Going Back to Work May Depend on Having the Right Antibodies (tmn)

That debate is in some ways ahead of the science. Researchers are uncertain, if hopeful, that antibodies in fact indicate immunity. But that has not stopped politicians from grasping at the idea as they come under increasing pressure to open economies and avoid inducing a widespread economic depression.

Kushner’s team seeks national coronavirus surveillance system (Sparky1)

Health privacy laws already grant broad exceptions for national security purposes. But the prospect of compiling a national database of potentially sensitive health information has prompted concerns about its impact on civil liberties well after the coronavirus threat recedes, with some critics comparing it to the Patriot Act enacted after the 9/11 attacks.

The Fed Offers “Bread,” but No Circuses (CleanEnergyFan)

When funding the current stimulus package, neither Treasury secretary Mnuchin nor Fed chair Powell will endure the heavy drone of any printing press, nor will DC residents. A few keystrokes and the deed will be done—$2 trillion created out of thin air. And, with a just few strokes more, an additional $4 trillion for Fed lending and bailouts will be digitized into reality.

It is important to note that my stimulus check is not the other side of an exchange, one where I provided labor, goods, or property to another acting individual. Instead, those unbacked digits are, as Rothbard noted, “Counterfeiting, plain and simple.”

‘I can’t take it anymore’: Democrat threatens Trump with Hague referral over hydroxychloroquine advocacy (thc0655)

The debate over whether hydroxychloroquine should be prescribed to infected patients has boiled over into a weeklong confrontation between the Trump administration, members of the White House coronavirus task force, and state governors, some of who have flip-flopped on the treatment.

Coronavirus: Will Chloroquine Save Us? (jdargis)

President Trump says an anti-malarial drug could be a “gift from god” for treating Covid-19. Does it really work? And is it dangerous? We talk to toxicologist Professor Daniel Brooks, infectious disease specialist Dr. Matthew Pullen, and microbiologist Professor Karla Satchell.

“The Whole World’s F**ked!” – Raoul Pal Pulls No Punches In Latest Interview (CleanEnergyFan)

To Pal, it is the duration of the fallout from COVID-19 lockdowns that is the key factor here, and one he believes investors are not paying enough attention to (let alone pricing in). In his mind, those who are a projecting sharp V-shaped recovery in the third and forth quarter are incorrect in their assumptions.

Ecuador builds emergency cemeteries due to coronavirus outbreak (Sparky1)

Large lines of cars carrying coffins waited outside private cemeteries across the city this week, as families waited for hours for a chance to bury their deceased relatives. The outbreak has overwhelmed hospitals and emergency services, with some families keeping dead bodies in their homes for days.

One chart shows how long the coronavirus lives on surfaces like cardboard, plastic, wood, and steel (Sparky1)

The researchers behind the new study tested the virus’ life span in a 71-degree-Fahrenheit room at 65% relative humidity. After three hours, the virus had disappeared from printing and tissue paper. It took two days for it to leave wood and cloth fabric. After four days, it was no longer detectable on glass or paper money. It lasted the longest, seven days, on stainless steel and plastic.

Leaked Border Patrol Memo Tells Agents to Send Migrants Back Immediately — Ignoring Asylum Law (tmn)

The administration gave the Border Patrol unchallengeable authority over migrants seeking asylum by invoking a little-known power given to the Centers for Disease Control and Prevention, the U.S. public health agency, to ban the entry of people or things that might spread “infectious disease” in the U.S. The CDC on March 20 barred entry of people without proper documentation, on the logic that they could be unexamined carriers of the disease and out of concern about the effects if the novel coronavirus swept through Customs and Border Protection holding facilities.

Gun sales up over 200% in some states, most ‘new to gun buying’ (thc0655)

Hung, whose page is a one-stop educational, sales, and review website for weapons and prepping advice, said there has also been a surge in rookie gun buyers looking for self-defense items. “It seems a lot are beginner firearm owners as we see more searches to our intro articles and a 4x increase in our online beginner handgun video course,” said Hung, who has posted a Prepper 101 guide.

How the Left Is Trying to Blame Capitalism for COVID-19 Deaths (CleanEnergyFan)

This prediction cherry-picks the most ominous of such projections, irresponsibly relying on the report from London’s Imperial College COVID-19 Response Team, who own authors admitted includes projections that are “worst-case,” combined with the incredibly unrealistic caveat that “there are no interventions or changes in people’s behavior.” The report further admitted that “Epidemic timings are approximate given the limitations of surveillance data in both countries,” in essence cautioning that such predictions will be moot once more sufficient data becomes available. (The Jacobin article was published before a leading author of the report altered his predictions based upon the dramatic responses imposed in countries around the world.)

Renewables Boomed In 2019, But This Year May Be Different (Michael S.)

“While the trajectory is positive, more is required to put global energy on a path with sustainable development and climate mitigation – both of which offer significant economic benefits,” said the head of IRENA, Francesco La Camera. “At this challenging time, we are reminded of the importance of building resilience into our economies. In what must be the decade of action, enabling policies are needed to increase investments and accelerate renewables adoption.”

Food goes to waste amid coronavirus crisis (Sparky1)

“The way a client described it is they’re seeing a tsunami of demand shift from foodservice to food retail,” said Bahige El-Rayes, a partner in the consumer and retail practice at Kearney, a consulting firm. “If you’re a manufacturer today of food, it’s basically how do you adapt? How do you actually take what you sent to restaurants then sell it now to retail?”

Dillingham asks state to close $300 million Bristol Bay salmon fishery (Dana)

“If your office is not prepared to address this critical problem, then we may find the need to do so,” says the letter, signed by Mayor Alice Ruby and Curyung Tribal Council First Chief Thomas Tilden. “We don’t want to find ourselves in conflict with the State of Alaska, especially when our objectives are the same.”

Bristol Bay is home to the largest sockeye salmon fishery in the world. Last year, the fishery broke records with a preliminary value of $306.5 million, the highest recorded. A similar-sized run is expected this year, said Douglas Vincent-Lang, the commissioner of the Alaska Department of Fish and Game.

‘No farms, no food, no Walmart.’ Idaho agriculture industry grapples with coronavirus (Sparky1)

In late March, many of the Treasure Valley’s ag-based towns were still operating like normal. In Wilder a few days before Idaho Gov. Brad Little issued a stay-at-home story order for the entire state, Cimberlie Christiansen, the pesticide compliance manager for Marsing Agricultural Labor Sponsoring Committee, which recruits and hires laborers for farmers across southwestern Idaho, was checking on the committee’s crew leaders and workers scattered across the Treasure Valley.

Gold & Silver

Click to read the PM Daily Market Commentary

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."

Related content
» More

5 Comments