Daily Digest

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Daily Digest 11/22 - The Makings of a Petro-State, Potato Power

Friday, November 22, 2013, 11:57 AM

Economy

10 Foods Sold in the U.S. That Are Banned Elsewhere (Wendy SD)

Americans are slowly realizing that food sold in the US doesn’t just taste different than foods sold in other countries, it’s created differently. Sadly, many U.S. foods are BANNED in Europe — and for good reason. Take a look at the plummeting health of Americans; what role might toxic foods play in our skyrocketing disease rates?

Examining Silver And Deflation (Taki T.)

If we think historically, even many mainstream economists understand gold and silver primarily as deflation hedges. Although the example of the 1970s is the most recent example of gold and silver as inflation hedges, throughout history, whenever a depression appeared, premiums for gold and silver coins increased above their fixed monetary value. This history is often forgotten by some, especially those who focus only on the fact that the precious metals trade as commodity futures, or financial assets, even as other market participants view gold and silver as real assets.

Canadian car buyers blocked from cheaper U.S. prices (westcoastjan)

Vancouver resident Caitlin Mayne, comparing prices for a new Volkswagen Beetle, found that the car’s MSRP was about $3,000 less in the U.S., only an hour’s drive from her home. “That’s a lot of money,” she told Marketplace co-host Erica Johnson.

Swiss electorate to vote on executive pay curbs (westcoastjan)

"In the last couple of years these managers were really earning a lot - too much," says Corinne Fankhauser, of the Young Socialists.

"For example, the chief executive of Credit Suisse, he was earning at one point 820 times what his [lowest-paid] employees were earning. So it's kind of crazy these wages. We want to stop this."

The amazing disappearance of gold from the American psyche (Thomas C.)

The Ngram Viewer allows you to search for particular keywords. And you can see over time how prevalent the search terms were for particular years.

Out of curiosity, I searched for the term “gold” in English language books starting in 1776.

The Makings of a Petro-State (James B.)

The Energy Information Administration (EIA) predicts the Bakken formation will hit a milestone in December when it surpasses 1 million barrels per day of oil production. Since 2010, oil production has skyrocketed in the region, allowing North Dakota to claim second place in states with the highest oil production.

Jim Rogers Says Buy Agriculture, the World is Facing a Crisis (Herman J.)

Specifically, Jim suggests looking at sugar as a potential investment, as sugar is 75% cheaper than it’s all-time-high, which, by the way, took place in 1974. Because sugar has not yet boomed like all other commodities over the past decade, there is not as much productive capacity being brought online as one might expect in a world where demand for sugar is increasing yearly. This, in Rogers opinion, is a basic supply-demand imbalance forming which will ultimately lead to higher prices.

Potato Power To Light The World (westcoastjan)

They’ve also discovered a simple but ingenious trick to make potatoes particularly good at producing energy. “A single potato can power enough LED lamps for a room for 40 days,” claims Rabinowitch, who is based at the Hebrew University of Jerusalem.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/21/13

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."

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