Daily Digest

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Daily Digest 11/21 - Contest For A Cleaner-Burning Wood Stove, Pure Manure

Thursday, November 21, 2013, 12:42 PM

Economy

Wal-Mart asks workers to donate food to its needy employees (westcoastjan)

“This store has been doing this for several years and is for associates that have faced an extreme hardship recently,” spokesman Kory Lundberg told us.

Lundberg says an example of this would be a recent layoff in the family or some other financial hardship.

Over The Long Run Gold & Silver Will Be The Ultimate Currency (Taki T.)

When it comes to precious metals, “you have it or you don’t.” You should not worry about the price. At the end of the day, it comes down to you: either you own precious metals or you don’t. There are distinct possibilities that when the day of reckoning is there you will not have access to the metal.

Tsunami-Blocking Mangroves Lure Carbon Investors: Southeast Asia (Wendy SD)

Replanted mangrove trees in Southeast Asia are getting credit for protecting against deadly tsunamis and typhoons such as Haiyan in the Philippines and cutting greenhouse gas emissions.

Pure manure: City uproots FL couple’s 17-year-old garden (Wendy SD)

While the Florida case may seem to be small-potatoes to those that don’t grow and eat their own food, Bargil offers a simple warning. “If the government can tell you what you can and can’t do in your front yard, what else can they decide is off-limits?”

Time Lapse of Every Nuclear Explosion Ever On Earth (Amanda)

Japanese artist Isao Hashimoto has created a beautiful, undeniably scary time-lapse map of the 2053 nuclear explosions which have taken place between 1945 and 1998, beginning with the Manhattan Project’s “Trinity” test near Los Alamos and concluding with Pakistan’s nuclear tests in May of 1998.

Silver Fundamentals from an Historian's Perspective (GE Christenson)

Inflation will be increasingly important. As long as the world monetary systems are run by central banks, particularly the Federal Reserve, we can expect inflation in the money supply, debt, and consumer prices. The weakness in gold and silver since 2011 is, in our opinion, a temporary correction in the four decade uptrend for debt, spending, and gold and silver prices.

Did An Obscure IMF Document Start A Global Bail-In Revolution? (Thomas C.)

The proposal is to take selected classes of investments, and retroactively decide that these assets aren't really assets at all. Indeed, the owners of these assets have – without realizing they've done it – agreed to provide insurance for the global financial system. So if a major crisis arises, the global financial system merely goes to these unknowing "insurance" providers and helps itself to their assets effectively, and the crisis is dealt with. It's a miracle solution!

Six Major Reasons Why the Dollar Won't Collapse (adam)

The dominant currency is typically found in the world’s largest economy and the U.S. is head-and-shoulders above the rest. As Gary points out, in 2012 U.S. GDP was $15.7 trillion. The second closest, China, was nearly half the size at $8.2 trillion. If you think China is about to overtake the U.S. in terms of size, Gary says “China would have to grow 12% a year for 20 years to catch up…it’s now down at about 7.5% growth and as the Chinese economy shifts away from being driven by exports…away from infrastructure, away from heavy borrowing, and so on, their growth is going to grow even more slowly.”

Edinburgh forum says putting value on nature could save it (Nervous Nelly)

"Chief executives used to roll their eyes at the subject matter, but when you get Paul Polman who's running Unilever standing up and saying that climate change is costing his business £250m a year, that's time to wake up, that's time to do something, that's time to innovate," he told BBC News.

"We will see changes from top to toe in organisations. I believe the chief financial officer will disappear, and you will have the chief information officer.

Contest Aims for a Cleaner-Burning Wood Stove (Amanda)

The 12 teams that are competing to solve the problem are finding ways to get twice as much heat out of a log of firewood. The effort preserves woodlands, reduces the labor and expense for the mostly low-income people who use wood, and cleans the air.

Study Finds Just 90 Companies Responsible for Current Climate Change Crisis (James S.)

A new study set to be published in the journal Climate Change, has determined that just 90 companies are responsible for the current climate change crisis, producing nearly two-thirds of all greenhouse gas emissions since the beginning of the industrial age around the middle of the eighteenth century.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/12/13

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."

3 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4167
Doug's picture
Doug
Status: Diamond Member (Offline)
Joined: Oct 1 2008
Posts: 3176
Minor error in woodstove

Minor error in woodstove contest article.  The winner of the contest, the Woodstock Soapstone Company is not located in Woodstock, VT.  It is located in West Lebanon, NH. (I knew this because I've been to their factory.)

http://woodstove.com/

Doug

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2840
Bu-bye Filibuster

Reid, Democrats trigger ‘nuclear’ option; eliminate most filibusters on nominees

And now we can get those nominees passed without that "pesky" opposition.

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