Daily Digest

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Daily Digest 11/24 - The Problem With Big Sugar, The Year The Monarch Didn't Appear

Sunday, November 24, 2013, 12:46 PM

Economy

How can you become more resilient? (Jim R.)

You are the key to all your negative and positive experiences in life. Becoming resilient, is not only about reducing the negative experiences but increasing the positive ones. The positive experiences and memories are what will get you through the tough times. It is not enough to design layers of protection against bad events. One needs a reason to come out of adversity and that reason usually lies in a feeling of achievement, love you one had before and would like to experience again. Negative emotions are very powerful and if used with control can motivate us and reduce our procrastination.

As Marcellus Shale loses momentum, a reassessment (Thomas C.)

Statewide, exploration companies drilled 30 percent fewer wells in 2012 and are on course to drill even fewer this year. About half as many drilling rigs are operating in Pennsylvania now as in early 2012, when the rigs began moving to more lucrative oil-producing regions.

The U.S. Dollar Will Collapse When This Upcoming Event Happens (pinecarr)

Being victorious in WWII and possessing the overwhelmingly largest gold reserves in the world (around 20,000 tonnes) allowed the U.S. to reconstruct the global monetary system with the dollar at its center in what was known as the Bretton Woods international monetary system. Simply put, the Bretton Woods system was an arrangement whereby a country’s currency was tied to the U.S. dollar through a fixed exchange rate, and the U.S. dollar itself was tied to gold at a fixed exchange rate. Countries accumulated dollars in their reserves to engage in international trade or to exchange them with the U.S. government at the official rate for gold ($35 an ounce).

Quagmire: US, Iran, Saudi Arabia, Changes in Relations and The Petrodollar (pinecarr)

Recently there has been much discussion in the media about the apparent diplomatic rapprochement between the U.S. and Iran and the simultaneous worsening of relations between the U.S. and Saudi Arabia. And increasingly frequent mention is being made of the 1913 creation of the U.S. Federal Reserve System; December will mark its 100th anniversary. In my opinion, the coincidence of recent events in the Middle East and the upcoming centennial of the Federal Reserve is very symbolic.

The Problem With Big Sugar (jdargis)

In the northeastern Brazilian state of Pernambuco, a group of fishing families had lived since 1914 on islands in the Sirinhaém River estuary. In 1998, the Usina Trapiche sugar refinery petitioned the state to take over the land. The islanders say that the refinery then followed up its petition by destroying their homes and small farms—and threatening further violence to those who did not leave.

Deals at Climate Meeting Advance Global Effort (jdargis)

Peace was restored when the parties papered over their differences, agreeing with the United States to nest the new instrument under an existing part of the treaty dealing with adapting to climate change, but saying they would review its status in 2016. Mohamed Adow, an activist with Christian Aid, said the deal showed that “countries have accepted the reality” of the effects of climate change, but that “they seem unwilling to take concrete actions to reduce the severity of these impacts.”

Wind Energy Company to Pay $1 Million in Bird Deaths (jdargis)

Birds are often killed when they collide with the wind turbines, meteorological towers and power facilities associated with wind power projects, federal officials said. The golden eagle, which is named for its golden feathers and has a wingspan of about six feet, is commonly found in the western Plains.

The Year the Monarch Didn’t Appear (Mike K.)

On the first of November, when Mexicans celebrate a holiday called the Day of the Dead, some also celebrate the millions of monarch butterflies that, without fail, fly to the mountainous fir forests of central Mexico on that day. They are believed to be souls of the dead, returned.

This year, for or the first time in memory, the monarch butterflies didn’t come, at least not on the Day of the Dead. They began to straggle in a week later than usual, in record-low numbers. Last year’s low of 60 million now seems great compared with the fewer than three million that have shown up so far this year. Some experts fear that the spectacular migration could be near collapse.

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."

2 Comments

pinecarr's picture
pinecarr
Status: Diamond Member (Offline)
Joined: Apr 13 2008
Posts: 2237
Love the article on resilience, Jim R.!

Love the article on resilience, Jim R.; thanks for sharing!

Mark K., the article about the monarchs disappearing is just plain scary (an excellent submission, but scary!). I know that even locally, in rural NY state, there was a noticeable absence of monarch butterflies this last summer.  In past years, they have been common place; just part of the life you expect to see every summer.  But this last summer, I think I might have seen 2.  In fact, I saw few butterflies at all.  Mankind is in for a rude awakening if we think we are above the web of life.

jonesb.mta's picture
jonesb.mta
Status: Silver Member (Offline)
Joined: Jun 11 2008
Posts: 126
Monarchs

There aren't many Monarchs in Eastern South Dakota either. I did try to help milkweed spread but there just aren't enough Monarchs left to use the milkweed I have.

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