Gold Uplegs’ Three Stages

By Adam Hamilton – Re-Blogged From http://www.Gold-Eagle.com

Gold bull markets offer outstanding opportunities for traders to grow their wealth. These bulls consist of series of alternating uplegs and corrections. Naturally the best times to buy low within ongoing bulls are right after corrections when major new uplegs are being born. Gold uplegs have three distinct stages that are evident in real-time in key datasets. Understanding how gold uplegs play out leads to superior gains.

Bull markets in gold can be exceedingly profitable for investors and speculators. The last secular gold bull ran between April 2001 to August 2011. During that 10.4-year span, gold powered 638.2% higher! That radically bested the general stock markets’ 1.9% loss per the S&P 500 over that same time frame. Hardened contrarians willing to buy low as gold bottoms after long bears can ride all of gold’s big bull gains.

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Silver Prospects

By Ted Butler – Re-Blogged From http://www.Silver-Phoenix500.com

Here’s a recent interview I did with Jim Cook, President of Investment Rarities, Inc., for whom I’ve consulted for more than 17 years (where did the time go?). It’s gotten to the point where about the only interviews I do are with Cook, but that’s not due to our long relationship. Rather, it’s because he comes prepared and wastes no words, making my role easy. With Cook, it’s always about getting to the heart of the matter, with the least amount of fluff as required.

Cook: Are you disappointed with the recent price action in silver?

Butler: Of course, I thought we might finally be breaking out.

Cook: What happened?

Butler: It’s the same old story.  As I outlined previously, we were setup for a strong rally at the recent lows, but whether the rally was of the now-typical $2 to $3 variety or the big one was based upon whether JPMorgan added aggressively to COMEX silver short positions. JPMorgan, once again, stopped the silver rally cold by adding massive amounts of short contracts, just as they have on every silver rally over the past ten years.

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FERC & Trump’s ‘Energy Dominance’ Agenda

By Michael Bastasch From The Daily Caller

Re-Blogged From http://www.WattsUpWithThat.com

Most people probably haven’t heard of the Federal Energy Regulatory Commission (FERC), but this agency will be a major driver of energy infrastructure projects.

Those projects will aid President Donald Trump’s goal of boosting U.S. infrastructure and gaining “energy dominance.”

2017-09-23T043635Z_1_LYNXNPED8M04U_RTROPTP_4_ALABAMA-ELECTION-TRUMP-e1506184352267

U.S. President Donald Trump speaks at a campaign rally for Senator Luther Strange in Huntsville, Alabama, U.S. September 22, 2017. REUTERS/Aaron P. Bernstein

 

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Importance Of Being Patient

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

– Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines
– Stock and bond markets are overvalued but continue to climb… for now
– What goes up must come down and investors should diversify and rebalance portfolios despite market noise
– Behavioural biases currently drive markets, prompting legendary investors to be confused and opt out
– Lesson is to prepare portfolios for long-term and invest in assets that will act as hedge in next market correction or crash
– Gold performs well over the long-term and delivers to those “sitting” and being patient

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Consumer Spending Stalls as Core Inflation Moderates

By Thomson Reuters – Re-Blogged From Newsmax

U.S. consumer spending barely rose in August likely as Hurricane Harvey weighed on auto sales and annual inflation increased at its slowest pace since late 2015, pointing to a moderation in economic growth in the third quarter.

The weak report from the Commerce Department on Friday did little to change expectations that the Federal Reserve would raise interest rates in December. Chair Janet Yellen said on Tuesday the Fed needed to continue gradual rate hikes despite uncertainty about the path of inflation.

“We think current economic conditions are heavily impacted by the effect of the recent hurricanes,” said Chris Rupkey, chief economist at MUFG in New York. “The Fed will rightly look over any soft patch for economic growth in the third quarter.”

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Is Climate ‘Lukewarmism’ Legitimate?

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

A very thoughtful column by Ross Pomeroy at Real Clear Science…

Is Climate ‘Lukewarmism’ Legitimate?

By Ross Pomeroy – September 25, 2017

To many, prominent writers Matt Ridley, Ross Douthat, and Oren Cass are a baffling bunch. They are the visible proponents of the position that climate change is real, manmade, and occurring as predicted by the Intergovernmental Panel on Climate Change (IPCC), yet it does not yet constitute a worrying or catastrophic problem. They are “lukewarmers.”

So what do we make of these climate change moderates, who do not hold the invalid, unevidenced opinions of those who deny the scientific consensus, yet at the same time, do not ascribe to the apocalyptic scenarios espoused by climate alarmists and the accompanying solutions to avert them?

As far as I can tell, lukewarmers’ views are legitimate. The mountains of evidence present in the most recent IPCC assessment report, comprising more than 9,200 peer-reviewed studies, cannot simply be cast aside as the product of a conspiracy or a statistical fluke of climate models. If lukewarmers accept the science, they are on solid ground.

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UN Admits It Can’t Link Global Warming To The Spike In World Hunger, Then Does It Anyway

   Michael Bastasch From The Daily Caller – Re-Blogged From http://www.WattsUpWithThat.com

A United Nations report admits it’s “impossible” to link man-made global warming to a jump in world hunger statistics, but then goes ahead and does make that link anyway.

The new U.N. report estimated global warming helped increase the number of people around the world suffering from chronic hunger and undernourishment, which was mainly driven by violent conflicts in poor countries.

The U.N.’s mainline findings claim global warming compounded food shortages and famine driven by economic slowdowns and violent conflict, while an accompanying Q&A document makes another stunning admission about global warming.

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Markets No Longer Believe The Fed

By Graham Summers – Re-Blogged From http://www.Gold-Eagle.com

The Fed wants us to believe that it remains hawkish, that it will begin the process of unwinding its $4.5 trillion balance sheet next month and that it will hike rates again this year.

The markets aren’t buying it, even for a second.

The top performing asset class after the Fed concluded its announcement on Wednesday was… TREASURIES: the asset class that should DROP hard if the Fed intends to raise rates.

Apparently bonds didn’t believe that Fed Chair Janet Yellen was going to hike rates again for more than a few hours. As a result of this, the long-Treasuries ETF (TLT) actually OUTPERFORMED the S&P 500 as well as the NASDAQ post the FOMC.

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Reasons For Optimism About Climate Hysteria

From Manhattan Contrarian By Francis Menton – Re-Blogged From http://www.WattsUpWithThat.com

Large numbers of my friends and acquaintances are climate skeptics, and many of them spend a good deal of their time feeling down in the dumps about the subject.  Their reasoning goes something like this:  Here we have something that should immediately be identified as baloney by any thinking person.  And yet thousands and millions of people seem to have fallen for it.  And not just random people, but people seemingly among the elites of society — academics and journalists and government bureaucrats.  Most of the media function as propaganda bullhorns to spread the idiocy.  The forces of hysteria have commandeered tens of billions of annual dollars of government funding to pay for their program and spread their message, drowning out and suppressing any opposition.  Their program calls for taking away everyone’s freedom and impoverishing the populace with higher costs for energy.  And yet the program seems to be getting adopted everywhere!

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Climate Models Can’t Even Approximate Reality Because Atmospheric Structure and Movements are Virtually Unknown

By Dr. Tim Ball – Re-Blogged From http://www.WattsUpWithThat.com

In his recent article on WUWT titled HADCRU Power and TemperatureAndy May refers to the challenges of modelling the atmosphere. He wrote,

The greenhouse effect (GHE), when calculated this way, shows an imbalance of 390-239=151 W/m2. Kiehl and Trenberth, 1997 calculated a similar overall forcing of 155 W/m2 using the same procedure. This GHE calculation makes a lot of assumptions, not the least of which is assuming the Earth has an emissivity of 1 and is a blackbody. But, here we want to consider the problem of using a global average temperature (T) for the Earth, which is a rotating sphere, with only one-half of the sphere facing the Sun at any one time.

Models vary from hardware models or simple scaled down versions of reality to complete abstractions. A model car is an example of the former and a mathematical formula with symbols replacing variables of the latter. The problem with the hardware is it is impossible to scale down many things because the physical properties change. For example, it is impossible to scale down the change of ice from solid and rigid to plastic and flowing as occurs in an alpine glacier in a hardware model. In the abstract model, each variable loses most of its real-world properties.

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Pensions And Debt Time Bomb

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

£1 trillion crisis looms as pensions deficit and consumer loans snowball out of control
– UK pensions deficit soared by £100B to £710B, last month
– £200B unsecured consumer credit “time bomb” warn FCA
– 8.3 million people in UK with debt problems
– 2.2 million people in UK are in financial distress
– ‘President Trump land’ there is a savings gap of $70 trillion
– Global problem as pensions gap of developed countries growing by $28B per day

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Now It’s a War on Pipelines

By Paul Driessen – Re-Blogged From http://www.WattsUpWithThat.com

Efforts to block and sabotage pipelines hurt jobs, economic growth, middle class, human safety. The radical environmentalist war on fossil fuels has opened a new front: a war on pipelines.

For years, activist zealots claimed the world was rapidly depleting its oil and natural gas supplies. The fracking revolution (horizontal drilling and hydraulic fracturing) obliterated that argument, by sending US oil and gas production to new heights. Indeed, it was record gas supplies and plummeting gas prices, combined with the Obama EPA war on coal, that closed down so many coal-fired power plants.

So the battle increasingly shifted to the far more emotional claim that continued reliance on fossil fuels (which provide over 80% of the US and global energy that powers modern civilization and living standards) will cause dangerous manmade global warming and climate change. This gave birth to the climate and renewable energy consortium and the “keep it in the ground” movement. No evidence to the contrary will budge them from their hysteria-laden talking points on looming climate cataclysms.

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Federal Grants to States

By Veronique de Rugy – Re-Blogged From Mercator Center George Mason University

The federal government spends over $500 billion annually on grants-in-aid to state and local governments, making grants-in-aid the third largest item in the budget after Social Security and national defense. In recent decades, federal aid to state and local governments has soared and, thus, increased their reliance on federal aid for the financing of certain government functions.
.
Using data from the Office of Management and Budget (OMB), the following two charts place the post-1960s explosion in federal grants to state and local governments in perspective. Grants-in-aid are a primary mechanism that the federal government uses to extend its influence into state
and local affairs. Under the grant-in-aid process, the federal government claims to extend aid to the states to finance “areas of domestic public spending” or for “swift fiscal relief during the recent recession” or for when “severe and unforeseen economic conditions” arise.

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Prospects For Gold Price

By Hugo Salinas Price – Re-Blogged From http://www.Gold-Eagle.com

The Chinese have announced that they have perfected a scheme, to be launched formally in the market by the end of the year, by means of which exporters of oil to China will accept the Chinese currency, the Yuan, in payment for the oil; for this deal, the Chinese have added an incentive: the Yuan received by the oil exporters will be exchangeable for gold. This gold will be “sourced” i.e. “purchased” outside of China, for the oil exporters.

Thus, the oil exporters’ Yuan will be offered in payment to the so-called “Bullion Banks” in London, who will provide the gold in exchange for Yuan.

We know that this much is part of the plan.

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Weekly Climate and Energy News Roundup #285

The Week That Was: September 23, 2017 Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

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Quote of the Week. “Long run is a misleading guide to current affairs. In the long run, we are all dead.”— John Maynard Keynes, the British Economist who earlier predicted that the extreme punitive demands of the Treaty of Versailles, the primary treaty ending World War I, would lead to disaster.

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Number of the Week: 99.998%

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A Concession? A work published in Nature Geoscience by noted British climate modelers led by Richard Miller has stirred considerable interest. Though some of the authors participate in the UN Intergovernmental Governmental Panel on Climate Change (IPCC), they made a concession that their models overestimate global warming. Many of those skeptical about the claim that global warming / climate change is controlled by carbon dioxide considered this to be a major event. Others are not too sure, and consider it may be a tactical ploy.

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Individualism vs. Socialism

By Herman Gazort – Re-Blogged From iPatriot

Some instincts are rights, not all instincts are rights, not all rights are instincts. You have a right to PROTECT your life, liberty and property. Some instincts are not rights. You do not have the right to steal what you covet, although that may be instinctive in some.

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Climate Model Projections Significantly Diverge

By Renee Hannon – Re-Blogged From https://wattsupwiththat.com

Introduction

Over the past million years, our Earth displays a rhythmic beat when exiting full glacial cycles and entering interglacial warm periods. The characteristics and duration of these systematic warm periods provide an excellent dataset to help prognoses of future climate patterns. Astronomical Milankovitch cycles play a major role and trigger internal Earth processes that control the rapid onset and gradual cooling of interglacial warm periods. This post examines the duration of these interglacial warm periods as a key analog dataset compared to several published statistical and complex climate model projections. Results indicate climate models where the initiation of glaciation depends strongly on CO2 concentrations over astronomical controls significantly overpredict the duration of the present-day warm period compared to past interglacial analogs.

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Oil Sands Crude Pellets Touted as Cure for Industry’s Transport Headaches

By The Canadian Press – Re-Blogged From BNN

CALGARY — A new technology that transforms heavy crude oil into pill-sized pellets could cure the oilsands industry’s transportation headaches, according to University of Calgary professor Ian Gates.

The newly patented technique creates self-sealing balls of bitumen of various sizes that can then be moved in coal rail cars or transport trucks with less risk of environmentally harmful spills, thus reducing the need for new pipelines, he said.

Oil Sands

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The Forthcoming Global Crisis

By Alasdair Macleod – Re-Blogged From http://www.Gold-Eagle.com

The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, the important exception being America. This is confirmed by dollar weakness, which is expected to continue. The likely trigger for the crisis will be from the Eurozone, where the shift in monetary policy and the collapse in bond prices will be greatest. Importantly, we can put a tentative date on the crisis phase in the middle to second half of 2018, or early 2019 at the latest.

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What You Need to Know and are Not Told About Hurricanes

By Larry Kummer. From the Fabius Maximus website

Summary: Millions of words were expended reporting about Hurricanes Harvey and Irma, but too little about the science connecting them to climate change. Here are the details, contrasted with the propaganda barrage of those seeking to exploit these disasters for political gain. Let’s listen to these scientists so we can better prepare for what is coming. Failure to do so risks eventual disaster.

NASA photo of Hurricane Katrina on 28 August 2005

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More Than the 1st Amendment

By Michael Cost – Re-Blogged From iPatriot

There is something not being mentioned about these NFL “protests,” which on their face are clearly seditious and subversive behavior. There are a lot of Americans who are claiming that these players have every right to protest and they are just expressing their 1st amendment rights. I would like to challenge those Americans to an informational duel! The 1st amendment does NOT say that you can lie to the American public for political gain! It states that CONGRESS SHALL MAKE NO LAW “abridging of free speech.” Congress has NOT made a law abridging their free speech, so the 1st amendment has no application in this at all, especially when you consider the laws they are violating with their so-called “freedom of speech!”

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Why Hurricanes Can’t Be Blamed On Global Warming

 

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Thousands Flee ‘Imminent’ Bali Volcano Eruption

Re-Blogged From http://www.stuff.co.nz

Thousands of people are fleeing Bali’s Mount Agung precinct in eastern Indonesia, with the volcano threatening to erupt at any moment.

The warning was raised to the maximum level four on Friday night, which means a hazardous eruption is imminent for the first time in 54 years. This could happen within 24 hours.

Are you in Bali? Stay safe and send your news or pics to newstips@stuff.co.nz

Mount Agung last erupted in 1963, killing 1100 people.

ANTARA FOTO/REUTERS

Low Oil Price Guts Another OPEC Oil Exporter

By SRSrocco – Re-Blogged From http://www.Silver-Phoenix500.com

The low oil price is negatively impacting another OPEC oil exporter as it continues to liquidate its foreign exchange reserves.  Algeria, like Saudi Arabia, has seen its international reserves plummet by more than 40% as the oil price fell in half since 2014.

Algeria joined OPEC back in 1969 and is currently producing 1.1 million barrels of oil per day (mbd).  While Algeria is not one of the larger OPEC members, it still exports roughly 670,000 barrels of oil per day.  At $50 a barrel, the country receives $33.5 million a day in oil revenues.  However, Algeria’s oil revenues have taken a nose-dive as the oil price declined from over $100 in 2014 to below $50 currently:

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Fed May “Kill The Business Cycle”

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

Gold Investment “Compelling” As Fed Likely To Create Next Recession

Is the Fed about to kill the business cycle?
– 16 out of 19 rate-hike cycles in past 100 years ended in recession
– Total global debt at all time high – see chart
– Global debt is 327% of world GDP – ticking timebomb…
– Gold has beaten the market (S&P 500) so far this century
– Safe haven demand to increase on debt and equity risk
– Gold looks very cheap compared to overbought markets
– Important to diversify into safe haven gold now

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Irma Illusions – and Realities

By Paul Driessen – Re-Blogged From https://wattsupwiththat.com

If human emissions made Irma worse, did they also bring the 12-year lull in Cat 4-5 hurricanes?

Hurricanes Harvey and Irma brought out the best in us. Millions of Americans are giving money, toil and sweat to help victims rebuild. Unfortunately, the storms also highlighted some people’s baser instincts.

Some advanced ideological commitments to campaigns to “keep fossil fuels in the ground,” raise energy costs and reduce living standards. Others hyped Harvey’s record rainfalls, claiming carbon dioxide emissions made the Gulf of Mexico warmer and its air more moisture-laden. A few were just obnoxious.

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Physicist Creates Most Magnetic Material on Earth

By Jeremy Hsu – Re-Blogged From Popular Science

A more powerful magnetic material may have emerged to topple previous record-holder iron cobalt, until now the most magnetic material on Earth. The new iron and nitrogen compound might also force physicists to revise their understanding of magnetism, according to the _Minnesota Daily.

The iron and nitrogen compound proved 18 percent more magnetic than iron cobalt in tests done by Jianping Wang, a physicist at the University of Minnesota. There also appears to be a “new physics” at work in the substance, but physicists at other labs must replicate the experiment and verify the work.

New Thinking And Different Actions

By Gary Christenson – Re-Blogged From http://www.Silver-Phoenix500.com

Hypothetical 65 year old American Male:

Height: 5’10”

Weight: 285 pounds – 120 # overweight

Health: Marginal, with chronic pain and increasingly difficult daily existence

Ask our hypothetical male if he wants to lose 100 # of unnecessary fat, improve his physical health, live 10 years longer, increase stamina, reduce chronic pain, and drive a golf ball 50 yards longer off the tee.

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SEA LEVEL: Rise and Fall – Part 1

By Kip Hansen – Re-Blogged From http://www.WattsUpWithThat.com

In remembrance of the victims of Hurricanes Harvey and Irma:  I have held off publishing this essay until after the damage from Hurricane Irma could be determined hoping not to add to the fears, angst and now sorrow experienced by both victims and their relatives.  My prayers and sympathy go out to all who have suffered losses.

Sea Level RiseIs it the greatest threat the posed by Climate Change today?

Long_Hunt_beach

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A Little Humor

Only in This Stupid World 
……do drugstores make the sick walk all the way to the back of the
store to get their prescriptions while healthy people can buy cigarettes at the front.
 


Only in This Stupid World
 
…..do people order double cheeseburgers, large fries, and a diet Coke. 

Only in This Stupid World
 
…..do banks leave vault doors open and then chain the pens to the counters..
 

Only in This Stupid World 
……do we leave cars worth thousands of dollars in the driveway and put 
our useless junk in the garage.
 

Only in This Stupid World ………..do we buy hot dogs in packages of ten and buns in 
packages of eight..
 


Only in This Stupid World …..do they have drive-up ATM machines with Braille lettering.
 

EVER WONDER …


Why the sun lightens 
our hair, but darkens
 our skin? 

Why don’t you ever see the 
headline ‘Psychic Wins Lottery’?
 


Why is 
‘abbreviated’ such a long word?
 


Why is it that 
Doctors call what they do ‘practice’?
 


Why is lemon juice made 
with artificial flavor, and dishwashing liquid made with real lemons?
 

Why is the man who 
invests all your money called a broker?
 

Why is the time of 
day with the slowest traffic called rush hour?
 

Why isn’t there 
mouse-flavored cat food?
 

Why didn’t Noah 
swat those two mosquitoes?
 

Why do they sterilize the 
needle for lethal injections?
 

You know that 
indestructible black box that is used on airplanes? Why don’t they make the whole plane out of that stuff?!
 

Why don’t sheep 
shrink when it rains?
 


Why are they called 
apartments when they are all stuck together?


If con is the opposite of 
pro, is Congress the opposite of progress?
 

If flying is so 
safe,
 why do they call the airport the terminal? 

Weekly Climate and Energy News Roundup #284

The Week That Was: September 18, 2017 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

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Quote of the Week. “It is very obvious that we are not influenced by ‘facts’ but by our interpretation of the facts.”— Alfred Adler, Austrian medical doctor, psychotherapist, and founder of the school of individual psychology. [H/t William Readdy]

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Number of the Week: ???

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Follow The Money

By Dr. Duane Thresher From Real Climatologists.

Abstract: The wasted and misspent money at NASA GISS and all climate research institutions is staggering. So, as they said in Watergate, follow the money.
Like all global warming skeptic climate scientists we are accused of taking money from oil companies and conservative organizations. We don’t. None has ever even been offered. (C’mon! Why not? Pay us! Calm down. That’s a joke.) And you’ll note RealClimatologists.org has no place to make donations, although some of you have kindly offered.

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Really Bad Ideas, Part 4

By John Rubino – Re-Blogged From Dollar Collapse

As Hurricanes Harvey and Irma wreaked their havoc over the past couple of weeks, several interconnected questions popped up, the answers to which make us look, to put it bluntly, like idiots.

Why, for instance, are there suddenly so many Cat 4 and 5 hurricanes? Is this due to man-made climate change and is this summer therefore our new normal? The answer: Maybe, but that misses the point. There have always been huge storms (like the one that wiped Galveston, TX off the map in 1900, long before global warming was a thing), and barring another ice age there always will be. So the US east coast will remain one of Mother Nature’s favorite targets.

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The German Elections Matter — and Not Just for Germany

Re-Blopgged From https://worldview.stratfor.com

Highlights

  • Germany’s Sept. 24 election will likely result in one of the most fragmented parliaments the country has seen in decades.
  • The country’s two largest parties will try to avoid renewing their current coalition partnership, meaning smaller parties will play a big role in the formation of the next government.
  • The ideological composition of the new administration will affect negotiations to reform the European Union, and when it comes to Southern Europe’s proposals for reform, a center-right coalition would be more skeptical than a center-left coalition.

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Extreme Poverty USA: The True Cost of Climate Madness

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com

While various US governments continue to waste unimaginable sums of public money on pointless climate schemes, real problems ranging from third world poverty in Alabama to an explosion of the skid row population of Los Angeles are being allowed to fester.

Human Intestinal Parasite Burden and Poor Sanitation in Rural Alabama

Hookworm infection affects 430 million people worldwide, causing iron deficiency, impaired cognitive development, and stunting in children.

Finally, Some Commonsense Western Fire Policies

By Paul Driessen – Re-Blogged From http://www.WattsUpWithThat.com

New DOI and DOA policy to cut overgrown, diseased, dead and burned trees is long overdue.

President Trump promised to bring fresh ideas and policies to Washington. Now Interior Secretary Ryan Zinke and Agriculture Secretary Sonny Perdue are doing exactly that in a critically important area: forest management and conflagration prevention. Their actions are informed, courageous and long overdue.

Westerners are delighted, and I’ve advocated such reforms since my days on Capitol Hill in the 1980s.

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Modern Scientific Controversies Part 6

By Kip Hansen – Re-Blogged From http://www.WattsUpWithThat.com

food_plates_smPrologue:  This is a follow-up to  a series of five essays that discussed ongoing scientific controversies, a specific type of which are often referred to in the science press and elsewhere as “Wars” – for instance, one essay covered the “Salt Wars1 and another the “Obesity War”.  The purpose of the series was to illuminate the similarities and differences involved in these ongoing controversies, with the final part (Part 5) showing the commonalities with the Climate Wars.    This essay illuminates two important new, potentially paradigm-shifting papers in the field of Human Nutrition and new findings in the Salt Wars that turn that entire field on its head.

Warning:  This is not a short essay.  Dig in when you have time to read a longer piece. 

 

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As Crisis Brews in the Balkans, the West Looks On

By Cameron Munter – Re-Blogged From https://Worldview.Stratfor.com

In the first six months of U.S. President Donald Trump’s administration, five foreign policy challenges have dominated the national and international spotlight. China’s expanding economic and military role, Russia’s tenuous relations with Europe and the Middle East, ongoing wars in Afghanistan and Syria, threats stemming from North Korea and Venezuela, and Europe’s future amid rising populist movements in the United Kingdom and France have taken center stage among the world’s policymakers.

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Who Will Protect the Next Olympics From North Korea?

By Austin Duckworth – Re-Blogged From Stratfor

In less than six months, the XXIII Olympic Winter Games will begin in Pyeongchang, South Korea. But with an increasingly militant North Korea located less than 161 kilometers (100 miles) away, legitimate concerns have arisen over the event’s potential disruption. Thomas Bach, the president of the International Olympic Committee (IOC), recently said he was closely monitoring the situation, adding that it would be a topic of discussion at the committee’s upcoming meeting in Peru. Even so, it’s hard not to wonder who will bear the responsibility of ensuring the safety of athletes and spectators in Pyeongchang. The answer has been constantly evolving for over four decades.

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Commercials Betting Against Breakout

By McClellan Financial – Re-Blogged From http://www.Silver-Phoenix500.com

The price of spot silver is trying really hard to break a long-term downtrend line, which would arguably be a bullish development if the breakout succeeds. But the big-money “commercial” traders of silver futures are betting heavily on a failure of that breakout attempt.

The Commitment of Traders (COT) Report is published every Friday by the CFTC, detailing futures positions held by traders in 3 different groups:

  • Commercial traders are the big money, and usually the smart money.

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Trojan Horse Before Wall Street

By IM Vronsky – Re-Blogged From http://www.Gold-Eagle.com

The generally accepted definition of TROJAN HORSE (*) is a person or thing intended secretly to undermine or bring about the downfall of an enemy or opponent. In today’s world, the THE Trojan Horse is Bitcoin – manned by ‘geeks’ using the unbridled greed addiction to attract naïve, innocent and ignorant investors of Troy (i.e. Wall Street).

However, many worldwide recognized monetary mavens, pundits, gurus and experts have emerged to inform and alert the investing world to the eventual dire consequences of the phony currency labeled Bitcoin. Here following are just a few sage well supported views condemning the Bitcoin scourge.

broken bitcoin

 

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Suddenly, “De-Dollarization” Is A Thing

By John Rubino – Re-Blogged From Dollar Collapse

For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar. China, Russia, and India have cut deals in which they agree to accept each others’ currencies for bi-lateral trade while Europe, obviously, designed the euro to be a reserve asset and international medium of exchange.

These were challenges to the dollar’s dominance, but they weren’t mortal threats.

What’s happening lately, however, is a lot more serious. It even has an ominous-sounding name: de-dollarization. Here’s an excerpt from a much longer article by “strategic risk consultant” F. William Engdahl:

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Buffett’s Favorite Market Indicator Is Flashing Warning Signs

By Rob Williams  Re-Blogged From Newsmax

Warren Buffett’s favorite market indicator says stocks are in trouble.

The billionaire chief executive of Berkshire Hathaway once wrote that the “single best” way to see if the market is too expensive by comparing the total value of all publicly traded stocks with the total size of the economy.

It’s like determining the value of a car by the horsepower of its engine.

Image: Money: Buffett's Favorite Market Indicator Is Flashing Warning Signs

Low-Level Radiation Exposure Less Harmful to Health Than Other Modern Lifestyle Risks

[The basis of this article is a report at http://www.oxfordmartin.ox.ac.uk/publications/view/2583. It is based on a review of considerable literature and may go against much that is accepted as true. It’s a slow read, but take a look at this (and other) issues there if you have time. -Bob]

By Anthony Watts – Re-Blogged From http://www.WattsUpWithThat.com

From the “I thought sure Fukashima was going to kill me” department

Oxford Martin restatement finds that risks from radiation exposure are extensively studied and small relative to smoking, obesity and air pollution

UNIVERSITY OF OXFORD

Human populations have always been exposed to ionizing radiation, and more so in modern life due to its use in medicine, industry and the armed forces. Whilst the risks to human health from medium and high-level radiation are relatively well-understood, the risks at lower levels are less clear. Mixed messages about the safety of low doses of radiation from different sources have created confusion for the public and for policy makers.

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Silver-Silica and Antibiotic Combination Lethal to Germs

Re-Blogged From The Silver Institute

By coating silver-silica nanoparticles with an antibiotic,
Brazilian scientists have found a more powerful way to kill
drug-resistant bacteria.
Normally, silica compounds – silica is the mineral quartz
– are toxic when inhaled, causing the disease silicosis in
which the particles scar the lungs making it difficult to
breathe. Silicosis often is seen in foundry workers, glass
makers and those who work in rock quarries.
However, when the research team wrapped the antibiotic
ampicillin around silver-silica it renders it harmless allowing
both the silver ions and antibiotic to kill germs without
harming human cells.
The combination has not been tested on people, but
laboratory results show that it overcame a strain of
E. coli that was resistant to antibiotic drugs alone.
“There are commercial drugs that contain nanoparticles,
which typically serve to coat the active ingredient and
extend its lifetime inside the organism.
Our strategy is different. We decorate the surface of the nanoparticles with
certain chemical groups that direct them to the site where
they’re designed to act, so they’re highly selective,” said
Mateus Borba Cardoso, lead study author and a researcher
at Brazil’s National Energy & Materials Research Center
(CNPEM) in an interview in Phys.org.
“We used molecular modeling to find out which part of
the ampicillin molecule interacted most with the bacterial
membrane,” he added. “We then arranged all the molecules
of the drug so that this key part was facing outward from the
nanoparticle, increasing the likelihood of interaction with
the pathogen.”
The silver-silica/antibiotic treatment has a drawback. Silver-
silica is inorganic and humans don’t metalize it, so it could
build up in the body. Cardoso said that his group is studying
this issue to learn whether it presents a danger or not. He
plans to do animal testing.
One possibility is to developa nanoparticle that can be excreted through urine. He
suggests, though, that for patients for whom no other cure
exists for their bacterial infection, the silver-silica/antibiotic
mixture offers hope where none is available.

Moody’s: State Pension Liabilities Hit $1.3 Trillion

From Thomson Reuters – Re-Blogged From Newsmax

U.S. state unfunded pension liabilities hit $1.3 trillion in fiscal 2016, a $56 billion or 4.5 percent increase over the previous fiscal year, Moody’s Investors Service reported.

 The credit rating agency attributed the higher adjusted net pension liability for the 50 states to underperforming investment returns, low interest rates and insufficient contributions to retirement systems for government workers.
Image: Moody's: State Pension Liabilities Hit $1.3 Trillion

In Praise Of The Whistleblowers

By Charles Thorngren – Re-Blogged From http://www.Gold-Eagle.com

Whistleblowers run a two-pronged battle – on the one hand they are lauded for their honesty in exposing wrongdoing in the fields in which they are involved – on the other, they are hated and despised for their actions by those who want to cover misdeeds, or preserve the status quo.

The world of finance has a long history of such characters – some, like Michael Lewis, the ex-bond salesman from Wall Street, who worked for Salomon Brothers in the 1980s and exposed the work practices and ethos which subsumed banks and trading houses – have made their fortunes by such whistleblowing.

Others, like Hervé Falciani, an employee of HSBC’s Swiss private bank, who opened the door onto the bank’s money laundering techniques, and gave details of the hidden accounts of 130,000 wealthy individuals to the tax authorities, was jailed for 5 years for his activities.

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China to Ban Gasoline Powered Passenger Cars (Maybe)

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

The purveyors of greenschist (a geologically inspired euphemism for green sh!t) seem to have an obsession with a phrase that they clearly do not comprehend: Tipping point.

Electric Cars Reach a Tipping Point

David Fickling

Sep 10, 2017

Say goodbye to gasoline. The world’s slow drift toward electric cars is about to enter full flood.

China, one-third of the world’s car market, is working on a timetable to end sales of fossil-fuel-based vehicles, the country’s vice minister of industry and information technology, Xin Guobin, told an industry forum in Tianjin on Saturday. That would probably see the country join Norway, France and the U.K. in switching to a wholly electric fleet within the lifetime of most current drivers.

[…]

Bloomberg Gadfly

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