Daily Digest

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Daily Digest 5/23 - Adieu To Food Waste, Gold And Recessions

Saturday, May 23, 2015, 9:01 AM

Economy

BRICS trample US in South America (Arthur Robey)

Top infrastructure projects in Latin America are all being financed by Chinese capital – except the Mariel port in Cuba, whose financing comes from Brazil’s BNDES and whose operation will be managed by Singaporean port operator PSA International Pte Ltd. Construction of the Nicaragua canal – bigger, wider and deeper than Panama’s - started last year by a Hong Kong firm, to be finished by 2019. Argentina, for its part, clinched a $4.7 billion Chinese deal for the construction of two hydroelectric dams in Patagonia.

A Vision of Monetary Hell Troubles Our Sleep (thc0655)

As the Washington Post reported here last year, police made 61,998 cash seizures – totaling $2.5 billion since 9/11 – without search warrants or indictments.

Why do the feds want to eliminate cash?

Adieu to food waste: French govt forces supermarkets to donate to charity (Arthur Robey)

Meanwhile, some charities are actually against the idea of receiving expired food from supermarkets. Patrice Dallem, from the Red Cross, said it would lead to unaffordable “logistical and human costs,” the Local reported.

The new law, which will also introduce an education program about food waste in schools and businesses, is part of an effort by Paris to halve the amount of food waste in the country by 2025.

Gold And Recessions (Terry L.)

The World Gold Council also examined the connection between gold and GDP growth and found in its seventh volume of the Gold Investor that during expansionary periods, a good portion of investment demand for gold falls, but a part of it increases alongside long-term savings rates (which benefit from positive economic growth). Additionally, rising incomes boost jewelry (every 1 percent increase in global GDP lifts jewelry consumption by an average of 5 percent) and technological demand (every 1 percent increase in global GDP raised electronics’ demand for gold by 5.1 percent).

Our Crazy-Making Economy's Endgame: Festering Frustration Seeking An Outlet (Don R.)

To get ahead, you need a 4-year college diploma. But oops, the student debt you'll need to shoulder acts as a brake on getting ahead. And it turns out many of those who became debt-serfs to get a diploma actually end up in jobs that don't require a college education.

One reality--soaring student loan debt and diminishing value of the product, a college diploma--and two contradictory stories.

USA Freedom Act fails as senators reject bill to scrap NSA bulk collection (Jason B.)

Although the bill passed the House of Representatives by a massive 338-88 margin last week, it was unable to overcome concerns from Republicans about the process of letting telecom companies take responsibility about the collection data from the NSA.

Smart Money Entering Precious Metals as Russia Buys Another 300,000 Ounces (Jason B.)

Gold prices have rebounded today after ending yesterday down 0.3%, but appear to have run into some resistance at their 200-day moving average (1215). On the week, gold is down 0.7% and silver is marginally lower in dollars for the week but has eked out gains in euro terms. The biggest fall of the week was palladium, down just over 2%.

Now the Bank of England needs to deliver QE for the people (thc0655)

With fiscal policy off the table, and existing monetary tools exhausted, we propose that the government legislates to empower the Bank of England with the ability to make payments directly to the household sector – QE for the people. With this tool the Bank would be equipped to mitigate any sharp slowdown in the economy, caused by domestic or external factors, such as a deflationary shock from a Chinese or US recession, or a continued slump in the eurozone.

Millions of Barrels of Oil Are About to Vanish (Scott T.)

The shale boom has pushed U.S. oil production to the highest in more than 40 years and slashed the country’s reliance on imported fuel. The untapped resources are viewed by investors and lenders as a sign of a company’s growth potential, and helped the industry attract more than $230 billion in bonds, loans and share sales since the end of 2008.

Semiliquid battery competitive with both Li-ion batteries and supercapacitors (Arthur Robey)

As shown in the figure above, the battery's high power density (1400 W/L) and good energy density (40 Wh/L) put it in the uniquely favorable position of combining a power density that is as high as that of current supercapacitors with an energy density on par with those of state-of-the-art redox flow batteries and lead-acid batteries, though slightly lower than that of lithium-ion batteries. This combination is especially attractive for electric vehicles, where the power density corresponds to top speed and the energy density to the vehicle's range per charge.

Gold & Silver

Click to read the PM Daily Market Commentary: 5/22/15

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."

2 Comments

Luke Moffat's picture
Luke Moffat
Status: Gold Member (Offline)
Joined: Jan 25 2014
Posts: 384
The Microscopic Universe

After struggling with Arthur's Quantum Eraser experiment a mate recommended this video.

A few Observations/Reflections

The nature of matter (atoms) depends on whether or not it is being observed. If I observe matter it behaves as particles. If I don’t then it behaves as waves. The structure of our world depends on whether it is being observed or not.

What happens to matter though if someone else observes it but i don't? Does it exist in two states at once? Both as particles and as a waveform?

The uncertainty principle; Nature won’t allow us to observe her fundamental elements (particles). How can we know anything?

Humans have the potential to be in multiple places at the same time. But surely this implies a perfect alignment of the particles which represent me existing in another place?

Matter exists in a higher dimension that we can never explore - I think this bit relates to what Arthur was saying about Nothingness.

That's as far as i got in my little quantum tunnel. Tomorrow is another day - deeper down the rabbit hole i go...

 

robie robinson's picture
robie robinson
Status: Diamond Member (Offline)
Joined: Aug 25 2009
Posts: 1221
particle propogation

thru probability waves?

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