Daily Digest

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Daily Digest 4/24 - The Wisdom Of Going Solar

Thursday, April 24, 2014, 9:56 AM

Economy

Everything You Need to Know to Rebuild Civilization from Scratch (Wendy SD)

We'll see later how to create iron and steel from scratch, because in the immediate aftermath you'll be able to easily scavenge them. Salvaged items can be repurposed by relearning the traditional skills of the blacksmith: working by an open hearth, or forge, to keep the workpiece glowing hot as you reshape it between hammer and anvil. The reason that we've been able to exploit hard iron through the history of civilization is that it temporarily changes its physical properties when hot, softening to become malleable enough to be beaten into shape, rolled into sheets or drawn into pipes and wires. This is a fundamental point, because it means you can use iron tools to work on iron to produce more tools.

Silver Up & S&P Down (GE Christenson)

In a world of High-Frequency-Trading, managed and manipulated markets, gold leasing, politics, and Quantitative Easing, it might mean very little. In the short term, markets can be moved rather easily by large traders and influential forces such as central banks. But, in a longer perspective, the ratio of silver to the S&P is at a low, the actual S&P 500 Index is near an all-time high, and the RSI timing indicator for the ratio was at a 25 year low in December. The next major move is much more likely to be a rise in silver prices and a fall in the S&P. That major move might be many weeks away, but it seems both inevitable and imminent.

Doug Casey: The biggest risk in the world today (Herman J.)

“The biggest risk to your life and your money today is not economic or financial…your biggest risks in the world are political risks – what you’re government is going to do to you. Governments view their subjects as milk cows. As they’re all going bankrupt…they’re going to become more and more voracious. They may feel the need to treat you as a beef cow. So, it’s important to diversify so that you’re not entirely under the control of your home government.”

Obama's Last Shot (jdargis)

The springboard of Obama's big leap is to use his presidential powers to effectively hasten the phase-out of dirty coal from America's energy system. Right now, coal-fired power plants generate about 40 percent of the electricity in the U.S. and are by far the largest single source of heat-trapping gases. Last year, he directed the Environmental Protection Agency to develop new rules to limit carbon pollution from power plants. These rules, which the EPA will make public in early June, are fraught with political peril, not least because they will stoke up talk of a War on Coal, which Republicans will argue is code for a War on the American Way of Life.

Global solar dominance in sight as science trumps fossil fuels (June C.)

The ratchet effect of energy deflation may be imperceptible at first since solar makes up just 0.17pc of the world's $5 trillion energy market, or 3pc of its electricity. The trend does not preclude cyclical oil booms along the way. Nor does it obviate the need for shale fracking as a stop-gap, for national security reasons or in Britain's case to curb a shocking current account deficit of 5.4pc of GDP.

The inevitable wisdom of going solar (June C.)

Technological progress, to qualify as such, has to increase the efficiency of exploiting natural resources. This is quite intuitive if we keep in mind that the ultimate purpose of consuming resources in a modern economy is to enable us to consume more resources, producing the sine qua non of modern politics and economics, economic growth. So, if we consume resources more efficiently, we make it possible to consume even more resources, even more efficiently. There is no paradox here. We have chosen to build an economy which not only places no limits to consuming whatever resources are available, but considers doing so a desirable and noble undertaking. Making an economy more efficient simply creates more of it, exactly as we might expect.

Carrots in the car park. Radishes on the roundabout. The deliciously eccentric story of the town growing ALL its own veg (Suzie G.)

When she sees the Big Issue seller gathering fruit for his lunch, she feels only pleasure. What does it matter, argues Mary, if once in a while she turns up with her margarine tub to find that all the strawberries are gone?

‘This is a revolution,’ she says. ‘But we are gentle revolutionaries. Everything we do is underpinned by kindness.’

West Virginia's Toxic Spill Water Will Be Pumped Into Wells Beneath Ohio (jdargis)

The 60,000 gallons of contaminated water—vacuumed up from the Elk River after the spill—will be trucked over state lines and injected into Vickery Environmental's wells. The company currently operates four Class I injection wells in Vickery, Ohio, and deals with waste from as far away as Tampa. The tainted water will be shot into the earth, under multiple layers of impermeable rock, into the sandstone of the Mount Simon formation.

Gold & Silver

Click to read the PM Daily Market Commentary: 4/23/14

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."

4 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
mahkj's picture
mahkj
Status: Member (Offline)
Joined: Mar 4 2011
Posts: 2
Solar Link No Longer Available

Looks like The inevitable wisdom of going solar (June C.) by Eerik Wissenz has been removed from ClubOrlov.  Has anyone had a chance to read it? Thoughts?  Wayback Machine did not get a snapshot.

 

Mahk

thc0655's picture
thc0655
Status: Diamond Member (Offline)
Joined: Apr 27 2010
Posts: 1517
Here it is mahkj

I found it again on theburningplatform.com.  Well worth the read. One conclusion: when things get tough in terms of heating our homes, we'll turn to wood and soon turn the place into a denuded Easter Island.

http://www.theburningplatform.com/?s=wisdom+going+solar

mahkj's picture
mahkj
Status: Member (Offline)
Joined: Mar 4 2011
Posts: 2
Thanks for referral!

Thanks for the link thc- definitely studying options to reduce fuel/energy consumption - links from this site have in general been relatively fruitful.

Already burning wood although fossil fuel inputs to sustain it are significant at this point. 

Hope we don't go the way of Easter Island... Had not considered the possibility but if there are enough around post oil crisis it may happen here - again.  Where I live now was nearly barren as of 1800 due to charcoal production.  Now we have very nice forests - not climax but maturing.  OTOH if there is limited gasoline and diesel - few if any are prepared to cut / split / move firewood without modern tools.  The first few winters will be tough if not terminal in our area so deforestation may take a bit of time.

Mahk

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