Daily Digest

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Daily Digest 1/27 - Preparing For A Perfect Storm, What Is Actually Going On In Iceland

Sunday, January 27, 2013, 12:40 PM


Preparing For A Perfect Storm (jdargis)

With growth anemic in most advanced economies, the rally in risky assets that began in the second half of 2012 has not been driven by improved fundamentals, but rather by fresh rounds of unconventional monetary policy. Most major advanced economies’ central banks—the European Central Bank, the US Federal Reserve, the Bank of England, and the Swiss National Bank—have engaged in some form of quantitative easing, and they are now likely to be joined by the Bank of Japan, which is being pushed toward more unconventional policies by Prime Minister Shinzo Abe’s new government.

What Is Actually Going On In Iceland (Christophe M.)

Even a cursory look should tell you that Iceland didn’t throw the IMF out of the country and that the IMF’s praise for Iceland and our government is effusive and that Iceland followed the IMF’s advice to a tee. There are other details there, if you read through the archives, that are interesting, such as the fact that in several cases, especially when it came to the banks, Iceland actually went further along the libertarian axis than the IMF recommended.

Gold And Silver Truth-Seeking: Fundamentals & Opinions Are Useless (Taki T.)

There is truth to the consideration that all fundamentals and opinions are useless in the markets, as they pertain to timing, and timing plays a huge role when investing/trading. What fundamentals/opinions do is put one’s belief system into a context with regard to the market[s]. If one wants to profit from any belief, he/she is then pitted against the forces of the marketplace in their exercise.

$7.66 Trillion Of Stimulus In America From 2008 To 2012, Itemized (Nervous Nelly)

In his 2013 outlook, KKR's Henry McVey points to the $7.66 trillion worth of stimulus as a reason to be bullish on real assets like real estate and commodities.

Lincoln's School Of Management (jdargis)

“Lincoln’s presidency is a big, well-lit classroom for business leaders seeking to build successful, enduring organizations,” Howard Schultz, chief executive of Starbucks, said in an e-mail. Lincoln, he said, “always looked upward and always called American citizens to a higher road and to a purpose bigger than themselves. He did this by listening carefully to those both inside and outside of his immediate circle and sphere of influence. Listening, always being present and authenticity are essential leadership qualities whether one is leading a country in wartime or a company during a period of transformation.”

Mexican Violence Prompts Self-Policing by Civilians (jdargis)

Vigilante justice is not uncommon in Mexico, particularly in rural, indigenous areas where there is a lack of police officers and mistrust of state institutions runs deep. But the spread of drug and organized crime gangs into remote regions in recent years has worsened the sense of lawlessness there, creating the kind of flare-ups in violence that the new government of President Enrique Peña Nieto has promised to control with a planned paramilitary force.

If the UK’s economy is so lousy, how come its job market is doing so well? (jdargis)

One answer is immigration: foreign-born workers account for 60 per cent of the rise in working-age employment under Osborne. Data earlier this week suggested that people are also having to accept lower salaries, and more part-time or temporary work. So the quality of jobs is going down, but the number is going up.

Gold & Silver

Click to read the Gold & Silver Digest: 1/25/13

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."


Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
The Icelandic saga impresses


The Icelandic saga impresses me with its sordid obfuscation. Consider their Viking heritage. Especially of on one Egil Skallagrimson.

I interpret their behaviour in the light of them being  descendants of the top European Predators.

It appears that the Poms thought that they could do the Top Predator over. Now they are bringing out their Big Guns, the barristers. That will learn the Vikings good, possibly.

chm's picture
Status: Bronze Member (Offline)
Joined: May 28 2011
Posts: 46
British Economy, Pakistan Failed State, Navy Budget, EU R&D Cuts

British Economy Is WORSE than During the Great Depression


Pakistan - a failed state on a tinderbox


Budget Crisis Impact Laid Out By U.S. Navy


Industries fear ‘catastrophic’ cuts to EU research budget



From ricefarmer's blog...

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