Daily Digest

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Daily Digest 11/26 - QE is Hazardous to Your Retirement, The Potential Of Algae Biofuel

Tuesday, November 26, 2013, 11:32 AM

Economy

Inflation is Raging – If You Know Where to Look (Thomas C.)

Now we’re at it again, with economists, legislators and central bankers using low consumer price inflation as a rationale for even easier money, while ignoring epic bubbles in sovereign bonds, equities, high-end real estate and collectibles around the world. These bubbles are the true evidence of inflation, and since they’re growing progressively larger, it’s accurate to say that inflation is high and accelerating.

Amazon workers face 'increased risk of mental illness' (westcoastjan)

"We are machines, we are robots, we plug our scanner in, we're holding it, but we might as well be plugging it into ourselves", he said.

"We don't think for ourselves, maybe they don't trust us to think for ourselves as human beings, I don't know."

GM owners pay 50 per cent more for gas than expected (westcoastjan)

The couple bought their Cruze LT 1.4L automatic new in 2011, based on GM’s figures that the car would burn 5.5 litres of gas every 100 kilometres of highway driving.

They said they bought the second car so Farah could commute by highway to her job in Lethbridge, which is two and a half hours each way.

Jim Rogers: The dollar is a ‘very flawed currency’ but I own it because… (Herman J.)

“The dollar is a very flawed currency and there are serious long-term problems. But I expect more problems in the currency market and when that happens many people will flee to the US dollar as their safe haven. It is not a safe haven, but since people think it is they will go there and I own the US dollar at least at the moment. I may own it for a week, a month, a year. I may sell it two years from now, I do not know, because it is definitely a problem of currency with serious problems long-term.”

QE is Hazardous to Your Retirement

“When my husband and I retired, our financial advisor said we had enough money to last until we were both 95 years old. Now he is concerned that our savings might not last until we are 80.”

Toil for oil means industry sums do not add up (Anton95)

The IEA’s long-run cost curve has conventional crude in a range of $10-$70 a barrel, whereas for unconventional crude the ranges are higher: $50-$90 a barrel for oil sands, $50-$100 for light-tight oil, and $70-$90 for ultra-deep water. Meanwhile, in terms of energy content, a barrel of crude oil is worth 1.4 barrels of NGLs.

Remy Cointreau hit by China slowdown (westcoastjan)

Sales of Remy Martin cognac fell 10% in the half-year to 327.2m euros, mainly as a result of the problems in China.

Research Unlocks Algae Biofuel Potential (James B.)

The researchers targeted fat-reducing enzymes inside the diatoms and tweaked their metabolism to increase lipids without compromising growth, university officials said. Emily Trentacoste and her colleagues used a data set of genetic expression (transcriptomics) to target a specific enzyme inside the diatoms (Thalassiosira pseudonana). By metabolically engineering a lessening of the fat-reducing lipases enzymes, the researchers were able to increase lipids without compromising growth.

The Good, Bad and Ugly of Genetically Modified Food (Steve)

The debate continues whether genetically modified organisms are out to save the world or destroy it. But the argument from either side is far from cut-an-dry. Learn the backstory on a few of the most pressing issues.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/25/13

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."

7 Comments

pinecarr's picture
pinecarr
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Believe It Or Not: Japan To Reopen Soccer Facility In Fukushima

http://www.zerohedge.com/news/2013-11-26/believe-it-or-not-japan-build-soccer-facility-fukushima-2020-olympics

"Plan in the works to decontaminate Fukushima's J-Village in time to reopen it as soccer facility ahead of 2020 Olympics."

 

Wow....

 

saxplayer00o1's picture
saxplayer00o1
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cmartenson's picture
cmartenson
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Posts: 5752
Fukushima soccer
pinecarr wrote:

"Plan in the works to decontaminate Fukushima's J-Village in time to reopen it as soccer facility ahead of 2020 Olympics."

Wow....

There's just no rationale for this besides "we're trying to make things look better."

There are plenty of other places in Japan to host the various venues...this smacks of a depraved political approach to a very serious environmental and health disaster.  

If this is the best we can hope for from our various leaders around the world...*sigh*

Time2help's picture
Time2help
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Wow...
pinecarr wrote:

"Plan in the works to decontaminate Fukushima's J-Village in time to reopen it as soccer facility ahead of 2020 Olympics."

Wow....

Will the Olympians be allowed to wear MOPP gear?

westcoastjan's picture
westcoastjan
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Tall's picture
Tall
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DustinBrown's picture
DustinBrown
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China Humiliated The World's Central Banks

 this the straw that breaks the camels back?

http://www.zerohedge.com/news/2013-11-26/chart-day-how-five-short-years-...

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