Daily Digest

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Daily Digest 9/30 - Good News Friday: Farming The Forest Floor, Is NYC Ready For Solar?

Friday, September 30, 2016, 12:46 PM

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header "Good News Friday." We will save and post weekly. Enjoy!

Economy

AT&T to end targeted ads program, give all users lowest available price (jdargis)

Internet users will continue to see plenty of targeted ads from individual websites, but FCC Chairman Tom Wheeler has argued that ISPs are uniquely capable of inspecting a customer's entire Web browsing history. "Your ISP handles all of your network traffic," Wheeler wrote in March, when introducing his proposed rules. "That means it has a broad view of all of your unencrypted online activity—when you are online, the websites you visit, and the apps you use. If you have a mobile device, your provider can track your physical location throughout the day in real time. Even when data is encrypted, your broadband provider can piece together significant amounts of information about you—including private information such as a chronic medical condition or financial problems—based on your online activity."

How Elon Musk Plans to Go to Mars (jdargis)

“I don’t have an immediate doomsday prophecy,” said Musk, but he noted that he saw only two possible paths forward. “One path is to stay on Earth forever, and there will be some extinction event. The alternative is to become a multi-planetary species, which I hope you will agree is the right way to go.”

Is New York Ready For Solar Power? (jdargis)

Most of the city’s existing solar projects are on single-family houses on Staten Island, but townhouse owners in Brooklyn are getting on board, and owners of apartment buildings in the Bronx and Queens are also starting to consider ways to harness the sun’s power.

Welcome to the Internet of Things (IoT) Revolution (Tiffany D.)

According to researchers, the global market for IoT in 2020 is going to be worth $373 billion in terms of sales. Hardware will account for 52% of sales — devices ranging from personal wearable technology to smart homes to connected cars.

The remaining 48% will pour in from the software and analytics required to turn the copious amounts of data generated by hardware into usable information.

A Growth-Friendly Climate Change Proposal (CleanEnergyFan)

In November, Washington state will vote on the country’s first revenue-neutral carbon tax. By embedding the cost of carbon dioxide emissions in the price consumers and businesses pay for energy, such a tax automatically encourages conservation and makes renewable energy more appealing, without regulations and subsidies that distort investment and undercut growth. Because the revenue is used to cut other taxes, it doesn’t crimp incomes or undermine business competitiveness.

Mushroom Foraging: Farming The Forest Floor (jdargis)

Many pickers, says Green, lead semi-nomadic lives, sleeping in cars or camping in the woods, because they’re unable to hold down normal jobs due to substance abuse, mental illness, or legal trouble with the IRS or INS. Some have been hiding out here since returning from the Vietnam War with the kind of deep psychological scars that stunt social reintegration. “This profession offers a sense of freedom. We’re an odd, spread-out family,” she explains of the vets, burned-out hippies, disaffected loggers, Mexican immigrants, and Cambodian and Laotian refugees who comprise the underground industry.

Dreamy Dream Job In Hawaii (jdargis)

For those of you whom have fantasized about growing on an organic biodynamic farm IN HAWAII, we feel like it is our solemn duty to inform you that Pu’u O Haku Ranch on Molokai is hiring for a ground manager position.

Gold & Silver

Click to read the PM Daily Market Commentary: 9/29/16

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."

4 Comments

KennethPollinger's picture
KennethPollinger
Status: Platinum Member (Offline)
Joined: Sep 22 2010
Posts: 653
Is this GOOD Friday NEWS?

Any comments?  Anyone have experience with Rickard's offerings?  Thanks  Ken

3 Months to Rickards' Gold Speculator

Just $500

Billing & Offer Terms: When you pay for a 3 month subscription to Rickards' Gold Speculator, your credit card will be billed $500 immediately. Each quarter after that, we will automatically bill your card for an additional 3 months. You'll be locked in to this special price for as long as you want, and you’ll never have to worry about missing a single issue. This "auto-renew" feature does not obligate you in any way. With the money I’ve earmarked for this project, I simply cannot offer any refunds. No debit cards, please.

 

TechGuy's picture
TechGuy
Status: Gold Member (Offline)
Joined: Oct 13 2008
Posts: 367
Re: Rickards Gold Speculator

I think your better off spending the $500 on physical PMs if you want to invest in PMs. $500 for a subscription seems ridiculous to me. Its unlikely that any of these financial news letter offers, will have something you already don't know, can't find on free news sites, or will result in a financial windfall for you. Most of these "Financial wizards" invesf their own money in ultra low risk investments (usually gov't bonds). They take risks with OPM (Other People's Money) but do not risk there one money. The fact that its set up as an auto-renewal & no refunds tips me off that its more or less a scam. It appears Rickards is looking for income and not offering anything really useful.

Investing in PMs is simple. Buy physical and stash it in a secure place. There are only a few PMs (Gold, Silver, Platinium) compared to stocks & Bonds which have thousands of different offerings.

My thought is if your buying PMs don't just by Gold. Odds are that when a dollar crisis happens the US gov't will once again turn to FDR's policy of making Gold ownership illegal, or apply high capital gains or property taxes. Silver can be used for barter and you likely would need a broker to exchange silver coins into currency. I think 1 Oz Gold coins make it difficult for payment exchanges. Platinium currently trades at a discount compared to Silver and Gold. Platinum is cheaper than gold but usually trades 30% to 60% higher than the price of Gold. FWIW: If gov'ts are targeting cash bans than they are also planning PM bans too. They are not going to let such a huge loophole to remain.

That said, In my opinion the best option is to acquire rural land away from metro areas zoned as agracuture and purchase tools and equipment to become self reliant. Once the dollar does go, Violence, Crime, drug use will soar. Its very like to become dangerous to live and work in a metro or suburban region. You may find out that your PM stash is more of a liability in a high-crime economy than as a asset. Desperate people will engage in robbery & home invasions to obtaining PMs (usually jewerly). Robbers are getting into home invasions since the risks to rewards ration is better than knocking off gas stations and convienent stores.

The average age of Farmers in the US is about 60 years as few people are working farms, and the existing farmers are reaching retirement age. At some point there is likely going to be a shortage of skilled farmers that results in soaring food prices.If you have the means to supply your own food you likely have a inflation hedge. Ideally you want land that you can till (farm) and that has good rainfall so that your not dependent on ground water for irrigation.

reflector's picture
reflector
Status: Gold Member (Offline)
Joined: Aug 20 2011
Posts: 267
RE: Rickards' Gold Speculator

i'm not familiar with rickards' gold speculator, i looked it up, it appears to be a mining investment advice blog with rickards and an experienced geologist.

rickards is certainly a smart and well connected fellow, and a gold mining stock is a leveraged play on the gold price, so there's a chance of outsized returns.

having said that, i'm sure you're aware that we're entering a time of profound financial risk, and if you invest on the basis of info from this blog, you should consider counterparty risk. if you hold mining stocks, will you hold them in a brokerage account? what if the brokerage gets bailed in, or corzined?

i may pick up some mining shares soon, but only if i can get them in certificate form, not stored in a brokerage.

Cornelius999's picture
Cornelius999
Status: Gold Member (Offline)
Joined: Oct 17 2008
Posts: 373
Rickards and his supposed

Rickards and his supposed geologist doesn't have any special magic. Just a sophisticated selling operation INMO.  Buy GDX or GDXJ  or buy one month's issue of GoldStockAnalyst.

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