Daily Digest

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Daily Digest 11/18 - Dust Storm Sweeps Over Colorado, Almonds Are Sucking California Dry

Tuesday, November 18, 2014, 11:26 AM

Economy

Japan Is Dying And We Still Don’t Get It (Don R.)

Therefore, the sole thing QE stimulus has achieved is a wealth transfer from poorer to rich. And that’s not only the case in Japan. Mario Draghi yesterday hinted – again – at all the stuff he could start buying next year, including sovereign bonds, even though that would violate EU law. And whether or not Germany will let him in the end, the fact that he keeps the option alive even if only in theory, tells us plenty about the mindset at the ECB.

Energy and the future of food (Eric G.)

Food energy is never free. To acquire it, all animals and plants must expend energy. Plants must devote sugars and other metabolically valuable biomolecules towards the process of growth, always reaching upwards to avoid being shaded out by other plants so as to maintain their access to sunlight. They must also reach through the soil to gain access to new supplies of minerals. Animals search their surroundings for preferred foods, then defend it against their competitors.

Arctic Haboob: Dust Storm Sweeps Over Colorado (bobwise32952)

The Weather Channel explained that the dust storm - properly known as a haboob - was kicked up by high winds following behind the arctic front that is bringing cold temperatures to much of the country.

Sustainable Cloth: A Vermont designer takes up the regional textile challenge (Ishana I.)

Creating the Winter Moose fabric is about connecting masters and experts who have not worked together before. It is about learning the strengths and weaknesses of one geographic region, and helping to rebuild what has been lost. For example, the finishing techniques for woolen goods, that were part of the first mills in Vermont, are no longer available in all of New England. This is an opportunity to add new innovation to the revival of old traditions. By combining research with ingenuity, I think we can weave a community around a local industry that has a rich history in the area.

Soaking Up Greenhouse Gases Like A Sponge (Evan K.)

How can you safely dispose of an old refrigerator without letting the greenhouse gas Freon, which kept it cool, escape into the atmosphere? There have been a few efforts to address this problem, but so far all of them have fallen short.

Now, though, chemists at the University of Houston (UH) have produced a molecule that spontaneously assembles into a lightweight, spongy substance that can soak up huge quantities of many airborne pollutants.

How almonds are sucking California dry (jdargis)

While comedians joke that it's so dry in California these days that the longest lines at Disneyland are for the water fountains - or ponder replacing the bear on the California state flag with a camel - what this place is witnessing is a dust bowl of truly Steinbeckian proportions.

Companies and water: Value diluted (Dennis C.)

IN 2013 a Chilean court ruled that Barrick of Canada, the world’s largest gold-mining firm, could not go ahead with its Pascua Lama mine until it could guarantee not to pollute downstream water or damage nearby glaciers.

3 Billion Gallons Of Fracking Wastewater Pumped Into Clean California Aquifiers: "Errors Were Made" State Admits (pinecarr)


In “fracking” or hydraulic fracturing operations, oil and gas companies use massive amounts of water to force the release of underground fossil fuels. The practice produces large amounts of waste water that must then be disposed of.

Marshall said that often times, oil and gas companies simply re-inject that waste water back deep underground where the oil extraction took place. But other times, Marshall said, the waste water is re-injected into aquifers closer to the surface. Those injections are supposed to go into aquifers that the EPA calls “exempt”—in other words, not clean enough for humans to drink or use.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/17/14

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."

6 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4062
SailAway's picture
SailAway
Status: Gold Member (Offline)
Joined: Aug 11 2010
Posts: 404
Huge Solar Plant Lags in Early Production

The largest solar power plant of its type in the world — once promoted as a turning point in green energy — isn't producing as much energy as planned.

One of the reasons is as basic as it gets: The sun isn't shining as much as expected.

http://www.pddnet.com/news/2014/11/huge-solar-plant-lags-early-productio...

 

Wendy S. Delmater's picture
Wendy S. Delmater
Status: Diamond Member (Offline)
Joined: Dec 13 2009
Posts: 1982
Almonds as water-hogs

I saw this when I was out west. Almond groves in CA near the Colorado River - which was a trickle I mistook for a stream, not a river, so at first I did not realize it was all there was left of the mighty Colorado. The almond trees were as flooded as any rice paddy. The desert on the AZ side was unbroken sand with creosote bushes 40-ft apart, with one oasis with a date farm in a 50-mile stretch. Past the flooded almond trees you were back in the desert again, albeit in California, at an army base that had nerve-racking signs about keeping out as this stretch of nowhere desert was where they did target practice.

At least the muddy trickle that was the Rio Grande was merely desert on both sides, at least where I saw it on my way from Tucson, AZ to Las Cruses, NM .

KennethPollinger's picture
KennethPollinger
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Posts: 653
More on The Colder War

For all you folks concerned about metals, especially gold and silver, well, I'd suggest that more attention needs to be paid to uranium, oil, and natural gas, and not just theoretically (debate-wise) but concretely, a la The Colder War, aka., the New Great Game.  Marin Katusa's book is really a MUST.  It will provide the CONTEXT within which the future geopolitical/economic structures will be fashioned.  And it APPEARS that the good ole USA is falling back VERY QUICKLY in this new global race.  Putin is TRULY someone to be reckoned with.  Chp 12, Post-Petrodollar America is the final synthesis, right after Chp. 11, Twilight of the Petrodollar. By the way, it reads almost as a mystery novel (John Mauldin read it in one sitting; it took me two).  Putin is TRULY something else!!!

MUCH of this, IF TRUE, and if the USA does not wake up, is really scary stuff!! Marin has even created "The Colder War Portfolio," consisting of XOM, GLCNF, OGZPY, OXY, and TRP, with HAL on watch list.

It seems that we should be prepared, when much collapses, to jump in and buy, stocks of oil, gas, uranium and other resources--in addition to our continual purchases of gold and silver, maybe along with platinum and palladium (as Farber recommends), and, of course, land with precious water.

I expect this book to be #1 shortly.  Zen.

Arthur2014's picture
Arthur2014
Status: Bronze Member (Offline)
Joined: Jul 17 2014
Posts: 56
More on the Colder War
KennethPollinger wrote:

...  Marin Katusa's book is really a MUST.

... By the way, it reads almost as a mystery novel (John Mauldin read it in one sitting; it took me two). 

... I expect this book to be #1 shortly.  Zen.

Dear Ken,

I certainly have many weaknesses but at least one big strength: I don’t sell anything.

Maybe you are interested in reading the following book review on Marin Katusa’s book:

http://www.peakprosperity.com/discussion/91735/review-marin-katusa-%E2%80%9C-colder-war%E2%80%9D

Best regards

Arthur

Arthur2014's picture
Arthur2014
Status: Bronze Member (Offline)
Joined: Jul 17 2014
Posts: 56
best forecasters of all times
KennethPollinger wrote:

... continual purchases of gold and silver, ...(as Farber recommends), ...

Two self-proclaimed experts compromise themselves:

There should be thousands of similar examples

James Turk's presentation on the gold price and the US dollar

timestamp 02 min 50 sec:

“ … probably 2013 – 2015 we are going spending our gold. We are going buying undervalued assets.”

timestamp 13 min 15 sec:

“ … the precious metals are getting ready to explode. In a fact, they have already begun. The dollar has begun like a waterfall to decline. Gold has begun an explosion.  … What we have here is a historic moment   … a flight out of the dollar …”

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

http://www.marketwatch.com/story/5-money-moves-dr-doom-is-making-now-2011-08-18?page=2

“5 money moves ‘Dr. Doom’ is making now

Published: Aug 18, 2011

Marc Faber readies for hyperinflation …

Gold blew through $1,800 an ounce on Tuesday, continuing its forward march as investors seek higher ground. Given his world view, Faber is convinced that the price of gold will continue rising and that any pullback is a buying opportunity.

Faber said. “Intelligent people, instead of holding cash in U.S. dollars with zero interest rates, why not hold money in gold and silver?”   ”

What does this tell us about all the predictions made here on www.peakprosperity.com?

 

 

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