Month: November 2018

A Quick Post before the Monthly Global Surface and TLT Temperature Update

usissuescom Statistics , , , , ,

By Bob Tisdale – Re-Blogged From WUWT

I’m adding Two Graphs to my Monthly Global Surface and TLT Temperature Updates. The new graphs are being added for a simple reason: to provide different perspectives on the increases in global temperatures since 1979.

The graphs are of Berkeley Earth global land+ocean surface temperature data and RSS global lower troposphere temperature data, both in absolute (not anomaly) form. That way they include the annual cycles in temperatures, which are far greater than the warming that’s occurred since 1979, based on their linear trends.

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Gold Miners’ Q3’18 Fundamentals

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By Adam Hamilton – Re-Blogged From Gold Eagle

The major gold miners’ stocks remain mired in universal bearishness, largely left for dead.  They are just wrapping up their third-quarter earnings season, which proved challenging.  Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted.  But these elite companies did hold the line on costs, portending soaring earnings as gold recovers.  Their absurdly-cheap stock prices aren’t justified.

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports.  Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 40 calendar days after quarter-ends.  Canadian companies have similar requirements at 45 days.  In other countries with half-year reporting, many companies still partially report quarterly.

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Antacid Drugs Linked to Stroke

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By Newsmax Health – Re-Blogged From Newsmax

Proton pump inhibitors (PPIs) are some of the most widely used medications on the market. [One example is Prlosec. -Bob]

They work by poisoning an enzyme that is responsible for stomach cells’ ability to make hydrochloric acid. Unfortunately, these drugs are associated with a host of adverse effects including osteoporosis, heart attacks, and abnormal bone fractures.

California, Temperatures, and Acres Burned

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By Willis Eschenbach – Re-Blogged From WUWT

Inspired by the work done by Robert Rohde attempting to link May to October temperatures and rainfall to fires, I thought I’d take a look at the acres burned over the years. Rohde compared the rainfall and temperature records and highlighted the largest fires. However, this gives only a few data points. I wanted a larger view of the situation.

So instead of major fires, I looked at the areas burned every year, which are available here. There is complete data from 1959 to 2016, and the last two years are available here and here.

The first thing I did was run a multiple regression on the data, using both May to October temperature and May to October rainfall to see how well they would predict the area burned. To my great surprise, I found out that rainfall is not significantly correlated with the area burned. Here is that result:

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Psychology Of Systemic Consensus

usissuescom Foreign Policy, GDP & Employment, Regulation , , , ,

By Alasdair Macleod – Re-Blogged From Silver Phoenix

We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on the big issues. To appreciate why we must understand the crowd psychology behind the systemic consensus. It is the distant engine that drives the generator that provides the electricity that drives us into repetitive disasters despite prior evidence they are avoidable, and even fuels the madness of political correctness.

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Trump: US May Not Impose More Tariffs on China

usissuescom Foreign Policy , , ,

By Thomson Reuters – Re-Blogged From Newsmax

President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list.

Trump has imposed tariffs on $250 billion of Chinese imports to force concessions from Beijing on the list of demands that would change the terms of trade between the two countries. China has responded with import tariffs on U.S. goods.

Al Gore Claims Wind and Solar are Now Cheaper than Coal

usissuescom Energy Policy , , ,

By Eric Worrall [Update by Willis Eschenbach] – Re-Blogged From WUWT

h/t Dr. Willie Soon – great news, wind power is so cheap government subsidies and market favouritism are no longer required.

New wind and solar generation costs fall below existing coal plants

Estimates jeopardise Trump’s hopes of reviving mining industry in US

Ed Crooks in New York, NOVEMBER 9, 2018

The cost of new wind and solar power generation has fallen below the cost of running existing coal-fired plants in many parts of the US, threatening to wreck President Donald Trump’s hopes of reviving the mining industry.

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