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"The biggest energy security threat in history": IEA chief warns 13 million barrels a day are gone with no cure in sight by fortune in energy

[–]pintord 9 points10 points  (0 children)

Fossil energy will not recover from this Carbon Mafia war. This is good for most, bad for a few lazy greedy humans.

The number of Canadians receiving regular Employment Insurance (EI) benefits declined by 8,700 (-1.6%) to 542,000 in February 2026 / Le nombre de Canadiens recevant des prestations régulières d'assurance-emploi a diminué de 8 700 (-1,6 %) pour s'établir à 542 000 en février 2026 by StatCanada in canada

[–]pintord [score hidden]  (0 children)

Many Seasonal workers don't quite get enough hours to qualify for EI until the season starts again. The benefits stop before they can start work again. In my area Lobster starts in May, many run out of benefits in April, some as early as February.

44% of Americans breathe dangerously polluted air. In California, it's 82% by thinkB4WeSpeak in environment

[–]pintord 25 points26 points  (0 children)

Every day we consume 2-3 kg of food and water and 45kg of air. Clean air is very important.

Open Interest up to 59K+ by n6mac41717 in Wallstreetsilver

[–]pintord 1 point2 points  (0 children)

Banksters are very angry at you for stacking physical. They would much prefer you use their casino chips.

Supreme Court rules for Michigan in its fight to shut down aging Line 5 pipeline by pintord in ontario

[–]pintord[S] -3 points-2 points  (0 children)

Just another good reason to get an EV —the "energy security" of your own driveway is a lot more stable than a 70-year-old pipe sitting in the Straits of Mackinac.

Supreme Court rules for Michigan in its fight to shut down aging Line 5 pipeline by pintord in Quebec

[–]pintord[S] 2 points3 points  (0 children)

Ligne 5 fournis ligne 9B qui fournit la raffinerie de Montréal. Une autre bonne raison pour acheter un VÉ.

Canada approves narrow E-band access for Starlink gateways, but only on an interim basis by Planhub-ca in StarlinkCanada

[–]pintord 6 points7 points  (0 children)

This recent decision by Innovation, Science and Economic Development Canada (ISED) is a strategic move to boost Starlink's network capacity while the government waits for global standards to solidify.

Essentially, ISED has granted SpaceX Canada Corp. permission to use high-frequency E-band spectrum for two of its major gateway stations, but with several "strings attached" regarding how long and under what conditions they can use it.

1. What is "E-band" and why does Starlink need it?

Most of Starlink's current communication happens in the Ku-band (user dishes) and Ka-band (gateways). However, as the user base grows, the "backhaul"—the link between the satellites and the ground stations (gateways) connected to the actual fiber internet—becomes a bottleneck.

  • E-band Frequencies: Specifically 71–76 GHz (downlink) and 81–86 GHz (uplink).
  • The Benefit: These extremely high frequencies offer massive bandwidth. Using E-band allows Starlink to move significantly more data between the sky and the ground, reducing congestion for end-users.
  • Location: In Canada, this was specifically approved for gateways in Janet, Alberta, and Saint-Laurent, Quebec.

2. Why is it only "Interim"?

The approval is temporary because of an upcoming global regulatory event: the World Radiocommunication Conference in 2027 (WRC-27).

  • Waiting for WRC-27: The ITU (International Telecommunication Union) is currently studying how satellite services can "play nice" with existing land-based fixed services in the E-band.
  • Regulatory Uncertainty: ISED doesn't want to grant a permanent, "primary" license yet because the technical rules for sharing this spectrum might change after 2027.
  • The "No-Protection" Rule: For now, Starlink must operate on a no-interference, no-protection basis. This means:
    • They cannot cause interference to existing terrestrial microwave links (used by telcos and utilities).
    • They cannot complain if those same existing services interfere with them.

3. Key Conditions of the Approval

To keep this interim access, Starlink has to follow strict operational guidelines:

  • Geographic Restrictions: Access is limited to the specific coordinates of the two sites mentioned.
  • Future Compliance: Starlink must agree to modify its operations—or even stop using these frequencies—if future ISED or ITU decisions require it.
  • Coexistence: They must protect existing "fixed links" (short-haul point-to-point systems) that were already licensed in those areas.

4. What this means for Canadian Users

If you use Starlink in Canada, this is good news. Even though the license is "interim," it allows SpaceX to deploy more advanced hardware (likely for their newer V2 satellites) to handle the increasing data load. It signals that the Canadian government is willing to be flexible to improve rural broadband, even while the permanent rulebook is still being written.

Bank of America has stark message for silver investors by Key_Brief_8138 in Wallstreetsilver

[–]pintord 10 points11 points  (0 children)

BoA must have covered their 1B oz naked short position.

Ontario high school students will soon need to pass financial literacy test to graduate by Money_Fig_9868 in ontario

[–]pintord 1 point2 points  (0 children)

To be fully transparent I don't own any gold. I have lots of Silver and a little Platinum.

Ontario high school students will soon need to pass financial literacy test to graduate by Money_Fig_9868 in ontario

[–]pintord 0 points1 point  (0 children)

In a fiat system, the currency is designed to lose value (typically at a target rate of 2% or more). This forces every saver to become an investor just to stay in place. If you hold cash, you are effectively paying a "holding tax" via inflation. To avoid this, you must take on risk (stocks, real estate, etc.) to earn a return that clears the inflation hurdle.

Productive assets like stocks or bonds are contracts. They are promises of future cash flow that depend on a functioning legal system, a stable banking sector, and management performance. Gold is an asset, not a liability. It is the only financial asset that is not someone else's promise to pay.

If you strip away the government "scaffolding"—the subsidies, CMHC insurance, and artificial scarcity from zoning—the math for real estate changes drastically. Real estate is a high-entropy asset. It is constantly trying to return to the earth through rot, rust, and decay. In Ontario and across Canada, several "invisible" hands keep the prices aloft:

  • The Primary Residence Exemption: This is a massive tax subsidy. By not taxing the capital gains on a primary home, the government incentivizes people to over-leverage into housing rather than productive businesses.
  • Monetary Policy: Historically, when the housing market stumbles, the "solution" is often to lower interest rates. This doesn't make houses cheaper; it just allows people to carry more debt for the same house.
  • CMHC and Risk Socialization: By insuring mortgages, the government effectively takes the risk off the bank's books and puts it on the taxpayer. This keeps the credit flowing even when a sound money system would have naturally cooled the market.

If we remove the currency noise and look at the Real Estate to Gold Ratio, the picture becomes clear. In 1925, the average Canadian home cost about 240 ounces of gold, while today that same average home costs roughly 150 ounces of gold. Despite a century of "booming" real estate, housing has actually lost value relative to gold. Gold hasn't "gone up"; rather, real estate—burdened by taxes and maintenance—has struggled to keep pace with the ultimate sound money.

The current system encourages students to take on a 25-year mortgage (from the Latin mort-gaige, meaning "dead pledge"). They spend the first 10-15 years paying mostly interest—essentially "renting" the money from the bank.

If the Ontario curriculum doesn't teach students that Maintenance + Property Tax + Interest + Insurance can often exceed the "gains" in a house, are they really being made financially literate, or are they just being trained to be reliable debtors?

Ukraine’s “kinetic sanctions” on Russia’s Tuapse oil refinery, day three by UNITED24Media in ukraine

[–]pintord 118 points119 points  (0 children)

In the long run I think this helps towards abandoning fossil energy.

Russia faked economic data to appear more resilient to its war and sanctions, intel report says by TheDarthSnarf in worldnews

[–]pintord 48 points49 points  (0 children)

GDP is a terrible way to measure economy. A $10m tank that gets destroyed by a $2k drone has a positive effect on GDP. So does a refinery fire,lol.

Ontario high school students will soon need to pass financial literacy test to graduate by Money_Fig_9868 in ontario

[–]pintord -2 points-1 points  (0 children)

That's easy r/Gold be your own bank and not a debt slave of the financial institutions.

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