Daily Digest

Image by puuikibeach, Flickr Creative Commons

Daily Digest 7/14 - How Emergency Prepardness Died In Canada, The Gas Is Greener

Sunday, July 14, 2013, 10:54 AM

Economy

Use 100:1 Leverage on Gold Prices to Build A Fortune (Chris F.)

With a $500 account you can trade up to 38 oz of gold at once. However, this is not encouraged as you will be maxed out. You should not use more than 5%-10% equity in your account. Therefore, 3-4 contracts of gold could be bough and sold to profit from the volatility. If you buy 4 contracts of gold and gold goes up $40 in one day (it went up $50 on Wednesday last week). That is a profit of $160 or a 32% Rate of return in one day on your account. Trading is not for everyone, it requires knowledge of chart reading and proper money management techniques. Always use a tight stop lose when trading to avoid excessive losses.

How Emergency Prepardness Died In Canada (westcoastjan)

The 2008 recommendations grew out of an exhaustive survey of 100 Canadian municipalities, where first responders told us there were significant weaknesses in their capacity to mount rescue efforts in their own communities, and to assist rescue efforts in other municipalities and provinces.

The Solari Report: Quantitative Easing (westcoastjan)

So, it looks like the Fed decision last week to buy $40 billion a month in mortgage paper is the ultimate plan to clear the market once and for all of fraudulent mortgages, mortgage backed securities and related derivatives. This means Fannie and Freddie will be bailed out and winding down through the back door. This means the big banks may be paid in full for your mortgage. It also means your pension fund assets will not be marked to market – at the price of debasing the purchasing power of your assets and benefits.

Church faces its debt with openness (Thomas C.)

Cardinal Justin Rigali, who led the five-county archdiocese from 2003 to 2012, and Cardinal Anthony Bevilacqua, who preceded him for 15 years, "carried a lot of parishes and schools on the books that were not supporting themselves," said Zech, a national authority on church finances.

Has Patent, Will Sue: An Alert to Corporate America (jdargis)

Mr. Spangenberg’s company, based in Dallas, helps “turn idle patents into cash cows,” as it says on its Web site. A typical client is an inventor or corporation, with a batch of patents, demanding a license fee from what it contends is an infringer, usually a titan in the tech realm. His weapon of choice in this business — the brass knuckles of his trade, so to speak — is the lawsuit.

The Gas Is Greener (jdargis)

Assuming complete success for the U.K.’s scheme, offshore wind power could produce more than 10 percent of the country’s electricity in 2020 and reduce its CO2 emissions by up to 5 percent per year. But the cost would also be phenomenal. The U.K. would pay at least $8 billion annually in subsidies to support this inherently inefficient technology.

Rising Temps, Shrinking Snowpack Fuel Western Wildfires (jdargis)

Over the same span, average spring and summer temperatures across 11 Western states have increased by more than 1.5°F, contributing to the higher fire risks. Spring temperatures in Arizona have warmed faster than any other state in the U.S., rising nearly 1°F per decade since 1970, which has likely played a key role in Arizona’s rapid increase in fires over the past two decades.

Gold & Silver

Click to read the Gold & Silver Digest: 7/12/13

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."

Login or Register to post comments