Daily Digest

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Daily Digest 4/30 - Greece Debt Crisis Cannot Be Contained, The Limits of Propaganda

Thursday, April 30, 2015, 9:46 AM

Economy

Negative interest rates put world on course for biggest mass default in history (locksmithuk)

Not only has this never happened before on such a scale, but it marks a scarcely believable turnaround on the situation at the height of the eurozone crisis just a little while back, when some European bond markets traded on yields that reflected the very real possibility of default. Yet far from being a welcome sign of returning economic confidence, this almost surreal state of affairs actually signals the very reverse. How did we get here, and what does it mean for the future? Whichever way you come at it, the answer to this second question is not good, not good at all.

Greece Debt Crisis Cannot Be Contained: Bill Holter (pinecarr)

On what Harry Dent said about gold recently, Holter says, “The danger is that he’s scaring people into selling their insurance. He’s scaring people into selling gold, and that is your insurance and gold is money. I think Dent is right, that we will have a $100 trillion plus of wealth evaporate. Walmart and Target will not even be open. Try going to Walmart with your dollars, there won’t be anything on the shelves.”

Alasdair Macleod On Gold, the SDR, and BRICS (pinecarr)

Desai pointed out in his paper that there are difficulties when it comes to including gold, because (and I think this is what he was trying to say) none of the SDR’s paper constituents are convertible into gold, but gold’s inclusion in the SDR would make them convertible through the back door. However, Desai seemed keen to re-examine the case for gold.

It should be pointed out that if gold is included in SDRs the arrangement cannot be long-lasting so long as the major central banks insist on printing money as an economic cure-all. However, China’s position with respect to gold and her own currency could be a different matter.

New bank fees target kids' accounts and allow 'double-dipping,' say customers (westcoastjan)

The couple say they are less worried about themselves and more troubled by the fees being added to children's accounts and student loans.

"They were reaching into the pockets of young savers and students — it is just wrong," Gordon Murray says.

This Development Could Revolutionize Renewable Energy

In a flywheel system, energy (say from solar and wind sources) is used to spin a giant wheel faster and faster as more and more energy is generated. That wheel continues spinning until energy is needed at which point the spinning wheel is used to power electrical generators. The major problem with storing energy in a kinetic form is that friction slowly siphons off the power making it hard to conserve energy for any length of time. The big innovation in the Irish project is that the flywheel is housed inside a giant vacuum-sealed container with the wheel itself supported by magnets. This reduces the friction considerably and should enable the system to store energy with roughly 85-90% efficiency according to the company.

12 Unanswered Questions About The Baltimore Riots That They Don’t Want Us To Ask (thc0655)

The spark that ignited Monday’s pandemonium probably started with high school students on social media, who were discussing a “purge” — a reference to a film in which laws are suspended.

Many people knew “very early on” that there was “a lot of energy behind this purge movement,” Baltimore City Councilman Nick Mosby told CNN on Tuesday. “It was a metaphor for, ‘Let’s go out and make trouble.'”

Regina berry fest to be 'berryless' due to U.S. drought (westcoastjan)

St. Paul's will not be able to able to get strawberries in time for the May 2 festival, it said, but will have flats of what it calls "farm-fresh" fruit for sale on May 30.

The fair will continue on the second, with other items for sale including home baking, deli items, along with books, movies and music.

The Limits of Propaganda (westcoastjan)

The officials start dealing with the “hard cases” of uncooperative individuals who remain, shutting down their communications by disabling their cell phones, shutting down internet access, and by imposing travel restrictions so that the “hard cases” are forced to remain in places where they can be watched.

Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver? (westcoastjan)

Over the past few years, JP Morgan has been voraciously buying up physical silver. Nobody has ever seen anything quite like this ever before. In fact, JP Morgan has added more than 8 million ounces of physical silver during the past couple of weeks alone. The following is an extended excerpt from a recent article by Mac Slavo...

Heal Your Gut, Heal Your Brain (Arthur Robey)

What surprises many of our new patients who ask for help with their anxiety or depression is that we start by looking at the health of the gut. For those of you who have followed this blog for any amount of time, you’ve probably picked up on a common theme here that you have to have a healthy gut microbiome for optimal well-being.

Gold & Silver

Click to read the PM Daily Market Commentary: 4/29/15

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."

12 Comments

saxplayer00o1's picture
saxplayer00o1
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reflector's picture
reflector
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The Roots of America's Decline: A Conversation with G. Edward Gr

The Roots of America's Decline: A Conversation with G. Edward Griffin

robie robinson's picture
robie robinson
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Bluestemfarms (a PP'r family)

featured on Virginia Cooperative Extensiion

 

http://blogs.ext.vt.edu/central-virginia-ag-spotlight/2015/04/30/meet-bl...

efarmer.ny's picture
efarmer.ny
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Posts: 60
Thanks for sharing!

Robie:

Thank you for sharing the article. We started with (a few) goats and now have (a few mixed) cattle too. Learning to adapt a farm to your interests/abilities and local ecology is quite an adventure.

GiraffeOK's picture
GiraffeOK
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Robie, you are too modest!

Or too subtle. The article you referenced is about *you* and your farm, but I wouldn't have known it from your post. 

Anyway, it's beautiful. But where is the mare?

pinecarr's picture
pinecarr
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Posts: 2244
Perfect response, GiraffeOK!

I was admiring how beautiful all the animals and countryside around them were, when the "Robinson" name jumped out.  What a beautiful farm, Robie! 

But GiraffeOK is right; where is that mare?

Hotrod's picture
Hotrod
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Posts: 183
Awesome article!

Congratulations on your farm being spotlighted.  Nice looking cattle as well.

robie robinson's picture
robie robinson
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The Mare?

they will make an appointment with "Eyke Sovreign" for service. they will be settled individually as training and temperament afford. "Eyke" is:

https://www.facebook.com/notes/jason-rutledge/a-new-horse-from-the-old-w...

I trust Mr. Rutledge doesn't mind this post.

I don't do pictures and such. The extension agent just visited around the house. We regret she missed picturing "Chance" and "Peanut" our milch coos. There were additionally small herds of Doddies not included mingling with mixed age weaned lambs for security and grazing efficiency.

PdeB's picture
PdeB
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Loved it, Robie.

Inspirational. I wrote down your line “I was a cattleman, then I was a grass farmer, now I’m a mycologist,”

 

Love it!

 

Paul

pinecarr's picture
pinecarr
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Posts: 2244
Great story Robie!

I only got partway through because I have to go to work; can't wait to come home and read the rest of the saga of this rare breed (and your mare)! That is some horsepower!

It's also uplifting to read about some real-life heros (good people doing good work).  Nice to get a restorative dose of faith in (at least some of) mankind.

Oliveoilguy's picture
Oliveoilguy
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Fantastic, Robie

Hard work has it's rewards.

robie robinson's picture
robie robinson
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pinecarr

The story is not about the mares being impoted, it is about a local stallions importation process.."Eyke", the stallion of the story, will have to settle the girls. My continued mention of the "Settling" comes from the anxiety  i feel with an impending crisis that would keep me from getting the ladies to their pending nuptials. BTW neither of the girls is named "Tina".

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