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Monday, February 15, 2021

Daily Digest 2/15 – Green New Deal Is Underway, Millions Of Texans Freeze As ‘Grid Chaos’ Sparks Massive Rolling Blackouts

Snow Temp Low

Economy

Elon Musk in favor of top dogecoin holders selling most of their coins

Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in dogecoin was the “real issue.”

Green New Deal Is Underway

By now, you’ve heard of the Green New Deal, an ambitious agenda to decarbonize the economy. The overall Green New Deal calls for ending the use of oil and natural gas, moving to electric vehicles, solar, wind and geothermal power, imposing carbon taxes to reduce C02 emissions and providing government subsidies to non-carbon-based energy technologies.

The U.S. would also seek to embed these policies and priorities in new trade treaties and multilateral agreements. President Biden has already begun this process by rejoining the Paris Climate Accord, which actually doesn’t mean much; it’s mostly for show.

#SilverSqueeze Hits London As SLV Warns Of Limited Available Silver

Less than a week ago in ‘Houston, we have a Problem”: 85% of Silver in London already held by ETFs’, we explained how with the emergence of the #SilverSqueeze, the silver-backed ETFs which claim to hold their silver in London, now account for 85% of all the silver claimed to be stored in the London LBMA vaults (over 28,000 tonnes of the LBMA total of 33,609 tonnes). This, for anyone who can out 2 and 2 together, does not leave very much available silver in London for silver ETFs or for anyone else, especially the largest silver ETF in the market the giant iShares Silver Trust (SLV), which let’s not forget has the infamous JP Morgan as custodian.

One day after receiving her first dose of Moderna’s Covid vaccine, Luz Legaspi, 72, woke up with bruises on her arms and legs, and blisters that bled inside her mouth.

She was hospitalized in New York City that day, Jan. 19, with a severe case of immune thrombocytopenia — a lack of platelets, a blood component essential for clotting.

Texas winter storm leaves 2.5M without power amid frigid temperatures

An unusually harsh winter storm in Texas has left more than 2.5 million customers without power in the state amid dangerously low temperatures.

Texas Gov. Greg Abbott said Saturday that Texas “is facing a very dangerous winter storm” over the coming days that will “make movement virtually impossible.”

Exposing The Robinhood Scam: Here’s How Much Citadel Paid To Robinhood To Buy Your Orders

Frankly, we’ve had it with the constant stream of lies from Robinhood and neverending bullshit from the company’s CEO, Vlad Tenev.

With Tenev scheduled to testify on Thursday, alongside the CEOs of Citadel, Melvin Capital and Reddit, the apriori mea culpas have started to emerge – if a little too late – the former HFT trader spoke late on Friday on the All-In Podcast hosted by Chamath Palihapitiya, who had strongly criticized Robinhood over the trading restrictions, and Jason Calacanis, a Robinhood investor, and said that “no doubt we could have communicated this a little bit better to customers.”

Energy

Oil prices jump after Saudi-led coalition fighting in Yemen intercepts Houthi drone

Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group, raising fears of fresh Middle East tensions.

Hopes for more U.S. stimulus and an easing of coronavirus lockdowns helped support the rally, after prices gained around 5% last week.

What Is Geothermal Energy? Definition, Examples, and Production Process

Geothermal energy is power produced through the conversion of geothermal steam or water to electricity that can be used by consumers. Because this source of electricity doesn’t rely on nonrenewable resources like coal or petroleum, it can continue to provide a more sustainable source of energy into the future. While there are some negative impacts, the process of harnessing geothermal energy results in less environmental degradation than other traditional power sources.

Millions Of Texans Freeze As ‘Grid Chaos’ Sparks Massive Rolling Blackouts

Rolling power outages are in effect across the state of Texas as the polar vortex split has poured some of the coldest air ever into the central US. There are nearly 2 million Texan customers without power as of Monday morning.

Gold & Silver

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Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. 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.”

The post Daily Digest 2/15 – Green New Deal Is Underway, Millions Of Texans Freeze As ‘Grid Chaos’ Sparks Massive Rolling Blackouts appeared first on Peak Prosperity.



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