Daily Digest

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Daily DIgest 8/6 - The Pollyanna Delusion, The End Of The Bond Bubble

Saturday, August 6, 2016, 8:05 AM

Economy

JAPANSANITY...or Why Japan's Yen Will Likely Only Get Stronger As Japan Prints More Money (Chris H.)

But of major currencies, Japan is seeing the slowest growth in M2 money supply. It is strengthening vis-s-vis all other major currencies. The collapsing desire to use credit (creation of money) and the death of money servicing interest amounts to the quantity of Yen growing the slowest. Strength!?!

The Financial Firm That Cornered the Market on Jails (jdargis)

Over the next week Brown used the Numi card to purchase coffee and groceries. Five days later, she was charged $5.95 for a monthly service fee and then 95 cents for a declined service charge. The criminal charges against Brown were eventually dismissed, but according to transaction records, she lost 22 percent of her money to fees.

The Pollyanna Delusion (richcabot)

According to “One Internet,” we’re facing a crisis. (All polemics begin with a crisis—sometimes it’s real, but more often, as in this case, it’s manufactured.) We purportedly face three possible futures: (1) a broken Internet; (2) a sub-optimal Internet; and (3) an Internet that is “energetic, vigorous and healthy.” The latter option comes with an implied happy face of course.

Let’s parse out these three options.

Facebook continues its war on clickbait (jdargis)

In a post today, Facebook said that its current plan of attack involved cataloging “tens of thousands” of headlines, which were then analyzed by a team of employees that decided if the headlines withheld pertinent information or were misleading about the accompanying article. The team apparently double-checked its work, and “from there, we built a system that looks at the set of clickbait headlines to determine what phrases are commonly used in clickbait headlines that are not used in other headlines,” Facebook wrote in a press release today. “This is similar to how many e-mail spam filters work.”

Can mythbusters like Snopes.com keep up in a post-truth era? (jdargis)

“There are more and more people piling on to the internet and the number of entities pumping out material keeps growing,” says Mikkelson, who turns out to be a wry, soft-spoken sleuth. “I’m not sure I’d call it a post-truth age but … there’s been an opening of the sluice-gate and everything is pouring through. The bilge keeps coming faster than you can pump.”

Rick Rule discusses the end of the bond bubble + precious metals (Herman J.)

Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries.

Trump Calls Clinton the ‘Devil,’ Says Election ‘Rigged’ in Her Favor (jdargis)

A CNN poll released Monday showed Clinton with a 52 percent to 43 percent lead over Trump in an head-to-head matchup taken after the Republican and Democratic conventions. Hours after the latest poll numbers were released, Trump told a crowd in Columbus, Ohio, that he worries the general election in November will be “rigged” against him, launching a fresh attack on the legitimacy of a U.S. system his candidacy is premised on upending.

Microbe-Coated Seed Startup Could Help Us Thrive In a Dark, Dry Future (jdargis)

There are plenty of helpful microbes in soil already, some supplied by various dead plant matter and some by living plants. Ideally, a sustainable system uses crop rotation—swapping out crops every now and then—to replenish the microbes drained by one crop. But this is not the way things are done in corporate agriculture these days: monocropping is the norm, and those crops are even of the same specific varieties within the overall category of, say, corn.

Gold & Silver

Click to read the PM Daily Market Commentary: 8/4/16

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."

9 Comments

pinecarr's picture
pinecarr
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Lead Attorney In Anti-Clinton DNC Fraud Case Found Dead

From ZH: "Lead Attorney In Anti-Clinton DNC Fraud Case Mysteriously Found Dead"

Call it conspiracy theory, coincidence or just bad luck, but any time someone is in a position to bring down Hillary Clinton they wind up dead. In fact, as we noted previously, there’s a long history of Clinton-related body counts, with scores of people dying under mysterious circumstances. While Vince Foster remains the most infamous, the body count is starting to build ominously this election cycle - from the mysterious "crushing his own throat" death of a UN official to the latest death of an attorney who served the DNC with a fraud suit.

...

So, to summarize, courtesy of Janet Tavakoli, the Clinton related body count so far this election cycle:  Five in just under six weeks - four convenient deaths plus one suicide...

1) Shawn Lucas, Sanders supporter who served papers to DNC on the Fraud Case (DOD August 2, 2016)

2) Victor Thorn, Clinton author (and Holocaust denier, probably the least credible on this list) shot himself in an apparent suicide. Conspiracy theorists at Mystery Writers of America said some guys will do anything to sell books. (DOD August, 2016)

3) Seth Conrad Rich, Democratic staffer, aged 27, apparently on his way to speak to the FBI about a case possibly involving the Clintons. The D.C. murder was not a robbery. (DOD July 8, 2016)

4) John Ashe, UN official who allegedly crushed his own throat while lifting weights, because he watched too many James Bond films and wanted to try the move where the bad guy tries to…oh, never mind. “He was scheduled to testify against the Clintons and the Democrat Party.” (DOD June 22, 2016)

5) Mike Flynn, the Big Government Editor for Breitbart News. Mike Flynn’s final article was published the day he died, “Clinton Cash: Bill, Hillary Created Their Own Chinese Foundation in 2014.” (DOD June 23, 2016)

From ZH: http://www.zerohedge.com/news/2016-08-05/lead-attorney-anti-clinton-dnc-fraud-case-mysteriously-found-dead

robie robinson's picture
robie robinson
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Gold in Rio

First Gold in 10m rifle goes to Virginia Thrasher from WV, sophomore engineering major at WVU.

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Bankers Slave
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To compliment your post

Bankers Slave's picture
Bankers Slave
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Debt slavery if more proof were required.

Arthur Robey's picture
Arthur Robey
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The Court Case

The results of the court case Industrial Heat versus Leonardo Corp. is about to come to a conclusion.

(Rossi's Cold Fusion)

You can follow events here.

https://www.lenr-forum.com/forum/index.php/Thread/3560-The-Industrial-He...

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Oliveoilguy
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Fact Checking for the Truth

Can mythbusters like Snopes.com keep up in a post-truth era?

Ran through the article about Snopes in the Guardian and counted 13 references to Trump and 3 to Hilary...Makes me wonder about which fact check site might be the most objective. Can anyone recommend the least biased fact check site?

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Oliveoilguy
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KennethPollinger
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Resilence from the HEART
I LIKE WHAT THIS GUY IS SAYING SO FAR!
 
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robie robinson
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From Jesse's Cafe for your morning

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