Daily Digest

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Daily Digest 12/4 - Security Services Cinema, Oil Jumps On Trump-Xi Trade Truce

Tuesday, December 4, 2018, 9:30 AM

Economy

These numbers show Suze Orman is right about needing $5 million to retire (Adam)

“Her views ruffled a lot of feathers, but after crunching the numbers, I have to agree — $5 million sounds about right if you want to retire before the age of 60,” the Financial Samurai blog’s Sam Dogen said. “Bad things happen in life all the time that costs money!”

He pointed out that only 18% of Americans actually retire before the age of 61, so it makes sense that the masses took issue with Orman’s scenario — $5 million to $10 million isn’t an option for most.

Syria's Last Bastion Of Freedom (jdargis)

Somehow, Saraqib had avoided this fate. It offered an alternative history for the entire Syrian conflict—and, Hossein believed, its citizens embodied the true soul of the revolution. That evening, he imagined other tiny democracies flowering across Syria, and the rest of the world coming to understand, at last, that his country had more to offer than bloodshed and tragedy.

The Anatomy of a Smart City in 2018 (Tony H.)

Urbanization needs optimization. By 2050, 2 in 3 people across the world will live in cities. Although cities generate much of the world’s wealth, their growth places a massive strain on our resources. According to C40, cities generate 70% of global CO2 emissions and consume two-thirds of the total energy worldwide.

JPMorgan Asset Says Cash Better Than Stocks for First Time in Decade (Adam)

If they are right, being boring may turn out to be the key to success next year, just like in 2018. U.S. Treasury bills were poised to end the year with the highest risk-adjusted returns of the world’s biggest assets, according to data compiled by Bloomberg.

Security services cinema – lights, camera, redaction (Afridev)

It was the screenwriter Blake Snyder who said that screenplays are the Swiss clocks of emotion.

But what effect on society do screenwriters have if their work is being influenced by institutions that push a government narrative?

Canada outlaws the mailing of Precious Metals (Thomas R.)

What's mind-boggling about this is that Canada Post is a Crown Corporation owned by the government. Yet ANOTHER crown corporation, the Canada Mint, SELLS Silver, Gold, Platinum, Palladium Bullion (i.e. non-manufactured precious metals) and quite often Canadians can actually BUY that bullion... at Canada Post Offices!

What Scientific Concept Would Improve Everybody's Cognitive Toolkit? (Afridev)

If we are to take selection more seriously within humans, we may fairly ask what rigorous system would be capable of tying together an altered reality of layered falsehoods in which absolutely nothing can be assumed to be as it appears. Such a system, in continuous development for more than a century, is known to exist and now supports an intricate multi-billion dollar business empire of pure hokum. It is known to wrestling's insiders as "Kayfabe".

Oil Jumps On Trump-Xi Trade Truce (Michael S.)

Meanwhile, West Texas Intermediate received an additional boost from an announcement by Alberta’s Premier, Rachel Notley, that the province will cut crude oil production by over 300,000 bpd in order to clear excess supply in storage and arrest the decline in prices. The cut will be in place temporarily, until the excess clears and then it will be reduced to less than 100,000 bpd, to be in place until end-2019.

Investor pressure drives Royal Dutch Shell to take action on climate change (Uncletommy)

"Meeting the challenge of tackling climate change requires unprecedented collaboration, and this is demonstrated by our engagements with investors," Ben van Beurden, Shell's chief executive officer, said in a statement. "We are taking important steps towards turning our net carbon footprint ambition into reality by setting shorter-term targets."

Gold & Silver

Click to read the PM Daily Market Commentary: 12/3/18

Provided daily by the Peak Prosperity Gold & Silver Group

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