Investing in precious metals 101
  • Daily Digest
    Image by dailyinvention, Flickr Creative Commons

    Daily Digest 6/25 – The Death of Diesel, Do Gut Bacteria Rule Our Minds?

    by DailyDigest

    Monday, June 25, 2018, 3:47 PM


Median price tag for a Bay Area home hits a record-shattering $935,000 (Adam)

Nearly 8,500 homes, including new and resale houses and condos, changed hands last month in the nine-county Bay Area — up 12 percent from April, according to CoreLogic. More homes were sold in the Bay Area last month than in any prior May since 2013, according to CoreLogic. The upward trend in sales, which began earlier this year, suggests inventory is increasing — good news for families struggling to buy in the region’s cut-throat market, where a shortage of homes has driven prices to dizzying heights.

Why the Way We Think is Obsolete (Afridev)

Society? Well, there is no society to speak of, really. There is no such thing as a social contract in America — much less any red lines, norms or shared values left. There’s only the law of the jungle. If you’re poor, you die young. If you don’t want to die young, you pay whatever it is you must for healthcare, education, transport, and media — all of inferior quality. What choice is there? There is no such thing as a safety net, really — and so poor Americans, terrified of falling through the cracks, never really take vacations, time off, learn about the world (can you tell me what kind of healthcare Switzerland has? What makes Germany’s economy different and special?), or grow much as people anymore (sane people don’t elect authoritarians, my friends).

NSA ‘Systematically Moving’ All Its Data to The Cloud (Sparky1)

“This environment allows us to run analytic tools and do machine-assisted data fusion and big data analytics, and apply a lot of automation to facilitate and accelerate what humans would like to do, and get the machines to do it for them,” Smithberger said. Analysts, he said, can “interactively ask questions” of the data in the cloud environment, and it spits out data in “humanly readable form.”

Why your home is a worse investment than you think (Thomas R.)

After all this, your amazingly lucky timing in one of America’s then hottest markets rendered a 177% cumulative return, or 10.8% annualized, pre-tax. That’s comparable to stock or bond returns over the same period in a tax-deferred 401(k). Most American regions did far worse. The one important difference since then? Uncle Sam foots less of your bill since Congress capped property tax and mortgage interest deductibility.

Everything You Need To Know About What Amazon Is Doing In Financial Services (Sparky1)

In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone. Instead, Amazon has taken the core components of a modern banking experience and tweaked them to suit Amazon customers (both merchants and consumers).

Why Hasn’t Commercial Air Travel Gotten Any Faster Since the 1960s? (Thomas R.)

There was, of course, one big exception: the Concorde flew primarily trans-Atlantic passenger routes at just over twice the speed of sound from 1976 until 2003. Product of a treaty between the British and French governments, the Concorde served a small high-end market and was severely constrained in where it could fly. An aircraft surpassing the speed of sound generates a shock wave that produces a loud booming sound as it passes overhead; fine, perhaps, over the Atlantic Ocean, but many countries banned supersonic flights over their land. The sonic-boom problem “was pretty much a show-stopper for supersonic transports,” says Drela.

Commercial air travel in 2017 was safest ever, travel group says (Thomas R.)

The Aviation Safety Network also reported there were no commercial passenger jet deaths in 2017, but 10 fatal airliner accidents resulting in 44 fatalities onboard and 35 persons on the ground, including cargo planes and commercial passenger turbo prop aircraft.

Almost half of US families can’t afford basics like rent and food (Thomas R.)

Many of these folks are the nation’s child care workers, home health aides, office assistants and store clerks, who work low-paying jobs and have little savings, the study noted. Some 66% of jobs in the US pay less than $20 an hour.

The study also drilled down to the county level.

What would happen to the economy if we all stopped spending money? (Thomas R.)

Nearly $1 trillion, according to Saul Eslake, a former chief economist for ANZ Bank and Bank of America Merrill Lynch. He has broken it down for us.

“According to the national accounts, Australian households spent $955 billion on ‘consumption’ in the 2015-16 financial year, equivalent to just under 58 per cent of total GDP,” Mr Eslake said.

Do Gut Bacteria Rule Our Minds? (Thomas R.)

Bacterial species vary in the nutrients they need. Some prefer fat, and others sugar, for instance. But they not only vie with each other for food and to retain a niche within their ecosystem – our digestive tracts – they also often have different aims than we do when it comes to our own actions, according to senior author Athena Aktipis, PhD, co-founder of the Center for Evolution and Cancer with the Helen Diller Family Comprehensive Cancer Center at UCSF.

The Human Use of Human Beings: Cybernetics Pioneer Norbert Wiener on Communication, Control, and the Morality of Our Machines (blackeagle)

Wiener had coined the word cybernetics two years earlier, drawing on the Greek word for “steersman” — kubernētēs, from which the word “governor” is also derived — to describe “the scientific study of control and communication in the animal and the machine,” pioneering a new way of thinking about causal chains and how the feedback loop taking place within a system changes the system itself. (Today’s social media ecosystem is a superficial but highly illustrative example of this.)

Microbes rule your health — and further prove that kids should eat dirt (Thomas R.)

While the existence of this microbial universe has never been a secret, until fairly recently, scientists had little access to its mysteries. Scientific scrutiny was limited to microbes that would grow in a laboratory, a remarkably teeny sample. What changed everything was the development of a technique to sequence microbial DNA directly from the environment. Pair that newfound ability with the rapid drop in the cost of genetic sequencing, and the field took off. “So what would have cost you $100 million 15 years ago costs you 100 bucks now, so there’s a whole lot that we can do,” Knight said in a phone interview.

New Bug Uncovered by Security Researcher Allows iPhone Passcode to be Hacked (Thomas R.)

Hickey further explained that he double-checked his process and found that “when I sent codes to the phone, it appears that 20 or more are entered but in reality, it is only ever sending four or five pins to be checked.” This measure would then indeed protect the phones from brute-force attacks.

Schools in America aren’t preparing kids for careers. Here’s how we fix it. (Thomas R.)

On average, CTE courses comprise only 2.5 out of the 27 credits high school students earn, not nearly enough coursework to prepare students for an entry-level job with a career ladder. What’s more: CTE “concentrators” – that is, students who take at least three CTE courses – and who don’t go on to obtain a college degree, certificate or certification earn 90 cents more per hour than non-concentrators.

Is 62 The Best Age To Start Drawing Social Security? (Thomas R.)

If you apply for your benefits at age 62, then your monthly check will be much smaller than it would be if you wait until FRA. The Social Security Administration reduces your monthly benefit payment by a fixed percentage for every month you claim earlier than FRA, and those monthly penalties can add up. For example, a person born in 1960 has a full retirement age of 67; if they claim benefits at age 62, they’d get 30% less per month than they would get otherwise.

The death of diesel: has the one-time wonder fuel become the new asbestos? (Thomas R.)

Diesel was touted at inception as a wonder fuel. It was a way of driving cost-efficiently while doing your bit to save the planet. Government, industry and science united to sell us the dream: cars running on diesel would help us cut our CO2 emissions as we eased smoothly into a new eco-friendly age.

Another Chinese Space Station Could Be Plunging Toward Earth. Here’s How To Track It (Thomas R.)

Keep in mind, space junk falls to earth regularly. This month alone, four satellites have reentered the atmosphere. Between 200-400 space objects reenter the atmosphere each year, a number that’s only going to increase as companies send up more satellites.

By Norman Pagett: The oilparty is over (and so is our food party) (Joseph G.)

We now have maybe 20 years worth of usable oil left. There are certainly no more than 30, perhaps as little as 10. If one of the crazy sects running loose in the Middle East managed to get hold of a nuclear device, setting it off on the Gharwar oilfield of Saudi Arabia would end our industrialised infrastructure overnight. That is perhaps too bleak a prospect, but we should not discount that notion entirely.

Electric Cars Are Not Necessarily Clean (Thomas R.)

Electric cars are great for eliminating oil from transportation, because very little U.S. electricity is generated by burning petroleum. But electric cars may or may not help the country combat climate change—and it all depends on where the electricity comes from.

30 Years of Global Warming Forecasts all Failed (thc0655)

These models are completely VOID of cyclical models and they do not even understand that this is a cycle. They are constructed with same idiotic bases that whatever trend is in motion will remain in motion. The Dow Jones Industrials closed 1932 at 60.26 and 1933 at 98.67. That was a 63.7% gain year over year. By assuming that trend will remain in motion, which was his dire forecast, the Dow would have reach 96,433,885,025.00 by 1975. That makes 50,000 look cheap.

Is climate change making hurricanes worse? (Thomas R.)

It caused the sort of flooding you’d expect to see once every 500 years, causing $200bn of damage to Houston, Texas.

Ironically, this was the third such “one every 500 years” flood Houston had suffered in three years.

‘We’ve left junk everywhere’: why space pollution could be humanity’s next big problem (Thomas R.)

In 2004, Held began his PhD in robotics at the University of Sydney, and eventually founded the university’s space engineering laboratory, where he led a space satellite project and worked on rocket engines.

Gold & Silver

Click to read the PM Daily Market Commentary: 6/22/18

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."

Related content
» More

One Comment

  • Mon, Jun 25, 2018 - 4:43pm



    Status Platinum Member (Offline)

    Joined: Apr 13 2011

    Posts: 1911

    Dead animal left on home doorstep of DHS Agent

    A decapitated and burned animal carcass was found on the porch of a Department of Homeland Security (DHS) staffer, the latest in a spate of threats tied to President Trump’s immigration policy, according to WTOP/ABC.

    Around two dozen incidents have been reported against government employees issued in the past few days – primarily against Immigration and Customs Enforcement (ICE) officers, which resulted in a determination by Homeland Security that there is a “heightened threat against DHS employees.” 

    The uptick in threats comes amid multiple protests directed at ICE and Customs and Border Protection officers, as well as the DHS secretary. It’s unclear exactly how much the threats have increased. –WTOP/ABC

    This assessment is based on specific and credible threats that have been levied against certain DHS employees and a sharp increase in the overall number of general threats against DHS employees,” said Claire Grady, acting deputy secretary of Homeland Security in a Saturday letter to employees. 
    The left loses its cool
    DHS employees aren’t the only ones receiving backlash for Trump’s enforcement of existing immigration laws. On Sunday, Congresswoman Maxine Waters (D-CA) openly called for people to form a mob and physically confront members of Donald Trump’s administration if they see them out in public after controversy over separated migrant families erupted two weeks ago. 
    My favorite comment is:

    Set up is perfect for civil strife and violence via agent provocateurs, false flags and an ongoing strategy of tension.
    The Wall Street crowd has engaged in this behavior before and this division serves as good cover for debt implosion and the advancement of various other agendas.
    Stay alert.  Think.
    They want emotional responses, not carefully considered ones.


    Login or Register to post comments

Login or Register to post comments