Daily Digest

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Daily Digest 9/8 - Ugly Foods That Taste Amazing, What Will Happen To Shares If The West Strikes Syria?

Sunday, September 8, 2013, 11:17 AM

Economy

Get Out And Stay Out (Arthur Robey)

The storm has been brewing since 2007. It will take around two more years to blow itself out. By the time it’s over, Australian stocks will most likely have fallen by 90%. That isn’t a typo.

What will happen to shares if the West strikes Syria? (cmartenson)

Stock markets provide historians with rich data and many studies have been made of how markets perform during times of crisis, especially war. The pattern most often cited – and which seems to be borne out, at least in conflicts over the past three decades – is that markets are volatile and weak for a period heading towards the event. Then, around the moment conflict actually begins, shares rebound.

Obama Readies Media Push to Sell Syria Plan to Congress (cmartenson)

President Barack Obama and his allies are intensifying a public-relations offensive in what even Obama has called a “heavy lift” to win public and congressional support for a military strike on Syria. The White House effort includes appearances by Obama’s chief of staff, Denis McDonough, on all five of the U.S. Sunday network talk shows. Obama will follow up with six television network interviews tomorrow before giving a prime-time televised address to the nation on Sept. 10.

A 62 millisecond move before the NFP number that led to a sell-off in gold (westcoastjan)

Another case where high frequency trading take the bottom out of markets. Someone got wind of the number before the official release and moved on it. I still can't believe that these trades cannot be tracked to a particular individual or firm.

Bitcoin kiosks coming to Vancouver this fall (westcoastjan)

Bitcoiniacs says it has ordered five Bitcoin kiosks from a Las Vegas-based company called RoboCoin and intends to roll them out across Canada in the coming months, with the first machine expected to land in Vancouver in early October.

Four more kiosks will arrive in December and although their locations are not yet certain, Bitcoiniacs says it’s eyeing major Canadian cities such as Toronto, Montreal, Calgary and Ottawa.

Venezuela's economic woes: Sabotage or mismanagement? (westcoastjan)

Thousands of workers poured into the streets, with many finding it hard to make their way down from upper floors when emergency lamps turned out to be faulty.

Jose Manuel Puente, an economist at the IESA School of Management, says the power cut is a sign of a wider malaise.

Train Or Pipeline, The Answer Is The Same (westcoastjan)

Extracting this oil requires incredible amounts of energy as well: while conventional oil production can produce 25 units of energy for every unit invested (25:1), tar sands perform as poorly as 2.9:1 and no better than 5:1. And this does not even include the entire lifecycle of tar sands: only the extraction and refinement.

Ugly Foods That Taste Amazing (westcoastjan)

As much as we love gawking at gorgeous food porn, we think some "ugly" foods also deserve special attention. Sure, the close-up view of the insides of an oyster, passion fruit or bitter melon might make you gag a little, but their taste and nutrition far outweigh their aesthetic appeal.

Gold & Silver

Click to read the Gold & Silver Digest: 9/7/13

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."

2 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
Nearly $1 billion in bonuses paid from ailing Detroit pension

 

  1. Nearly $1 billion in bonuses paid from ailing Detroit pension fund
  2. SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (Household participation)

 

 

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
Russia to Brazil Intervention Adds to U.S. Debt Woes Amid Losses

Russia to Brazil Intervention Adds to U.S. Debt Woes Amid Losses

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