Daily Digest

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Daily Digest 4/8 - Alberta Oil Boom Is Boon For Thieves, Cows In Cities Spread Disease

Monday, April 8, 2013, 10:49 AM

Economy

The Boomer housing bust: coming to Australia? (Arthur Robey)

Respected demographer Arthur C. Nelson, Director of the Metropolitan Research Centre, University of Utah, has analysed data from the American Housing Survey, finding that over the past 30 years, 80% of new homes built in the US were detached single family dwellings. Much of this new construction was of the McMansion variety, exceeding 230 square metres in size, as the post war baby boomers (born in between 1946-1968) raised their families.

Acute Gold Shortage Reported In Southern India (goldrunner1)

Centers like Coimbatore in Tamil Nadu and Thrissur and Kochi in Kerala are facing huge shortage of gold. These centers constitute around 15-20 per cent of India’s overall annual demand of the yellow metal. “Nominating agencies that are responsible for supplying gold to jewellers have failed to meet up the industry’s requirement in the south Indian states with supply becoming a major constraint in these smaller regions,” said Vipul Shah, chairman of the Gems and Jewellery Export Promotion Council (GJEPC), on the sidelines of a seminar here today.

The Template That Nobody Is Watching (Thomas C.)

However, in a faraway land, where there is no shadow banking, leverage or even capital markets, economic fundamentals still hold, which and can help us, inhabitants of the developed world, visualize a dynamics lost in the shelves of our collective memory. The land I am referring to is Argentina, but not Argentina of 2001. Today, I want to write about Argentina of 2013, and no, I will not discuss their legal battles with Mr. Singer.

Dirty Harry to World Savers “You’ve Got To Ask Yourself… – Do You Feel Lucky? (GE Christenson)

In a complete role reversal of the good guys and the bad guys, the world banking elite has been, for some time now, pointing a great big dangerous gun at the heads of all savers and investors on the planet. The bullets in that gun are each a little different but still extremely deadly.

Bubble or No, This Virtual Currency Is a Lot of Coin in Any Realm (jdargis)

The question of whether the increase represents real value or is simply evidence of a bubble is at the heart of the current media frenzy. Bitcoin began in January 2009, a project introduced by a programmer or group of programmers who worked under the name Satoshi Nakamoto.

Alberta oil field boom is a boon for thieves (westcoastjan)

Police are responding by dedicating more officers to the problem, as well as working to share information between detachments. The provincial legislature may soon consider a private member’s bill that would require sellers to scrap yards to provide identification, potentially closing off one avenue for disposing of stolen material. And the industry’s own security procedures have grown more thorough as well.

Rural Kenyans Are Bringing Their Cows With Them to Cities. What Could Go Wrong? (jdargis)

As a result, low-income countries have started to see a dramatic spike in a class of disease known as zoonoses, which pass from animals to humans. These can cause everything from tapeworms to fatal diarrhea, and they're concentrated near major cities in Africa and India.

A recent study by the International Livestock Research Institute found that zoonoses make up 26 percent of the infectious disease burden in low-income countries, but just 0.7 percent in high-income countries.

When The Earth Moved: What happened to the environmental movement? (jdargis)

But Nelson’s idea of a national teach-in took off, to an extent that surprised even him. On April 22, 1970, only seven months after his speech in Seattle, the teach-in, dubbed Earth Day, generated more than twelve thousand events across the country, many of them in high schools and colleges, with more than thirty-five thousand speakers. “Today” devoted ten hours of airtime to it. Congress took the day off, and two-thirds of its members spoke at Earth Day events. In all, millions of people participated. This activity was largely uncoördinated. Earth Day had a tiny national staff—a handful of young activists—and there were no big environmental groups around to get behind it. The staff imposed minimal central direction over the local activity, and chose not to put on a main event, like a march on Washington.

Gold & Silver

Click to read the Gold & Silver Digest: 4/4/13

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."

4 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
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Arthur Robey's picture
Arthur Robey
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Joined: Feb 4 2010
Posts: 3936
News just in

On radio this morning.

China and Australia to no longer use the $US in trade.

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
Yen blasted; dollar gains as jobless claims fall

Yen blasted; dollar gains as jobless claims fall (This is from Jan. 24, 2013 and is being posted to show how much the Yen has fallen).

 

Japan’s finance minister indicates no plan to curb yen’s fall (Today's news)

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
China local debt 'double audit level'

"Mainland local governments may have more than 20 trillion yuan (HK$25 trillion) of debt, former finance minister Xiang Huaicheng said.

That is almost double the figure given in a 2011 report by the National Audit Office.

The combined debt of the central government and the provinces and cities might now be more than 30 trillion yuan, Xiang said at the Boao Forum."

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