Weekly Climate and Energy News Roundup #419

By Ken Haapala, President, Science and Environmental Policy Project

The Week That Was: August 8, 2020, Brought to You by www.SEPP.org

Re-Blogged From WUWT

Quote of the Week: “What we observe is not Nature itself but Nature exposed to our methods of questioning.” –Werner Heisenberg, also “We have to remember that what we observe is not nature itself, but nature exposed to our methods of questioning.” – Ludwig Wittgenstein

Number of the Week: Zero (0)

July Summary Part V; General Conclusions: Four weeks ago TWTW reviewed Richard Lindzen’s new paper summarizing what we know with reasonable certainty, what we suspect, and what we know is incorrect about climate change, the greenhouse effect, temperature trends, climate modeling, ocean chemistry, and sea level rise. Key parts included (with additions in boldface):

1) The climate system is never in equilibrium.

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Interest in Homeschooling Has ‘Exploded’

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Blood Transfusions Helped a Menopausal Woman Get Pregnant

By Dan Robitzski – Re-Blogged From Futurism

“There are loads of questions that we still have to answer.”

In an unusual medical experiment, a menopausal woman and three perimenopausal women all got pregnant after they were given transfusions of their own blood.

It’s a fascinating study, suggesting that platelet-rich blood transfusions may be able to reverse some aspects and symptoms of menopause, New Scientist reports. There are a lot of caveats that call the discovery into question — more on those later — but it’s an intriguing idea that at least warrants a closer look from scientists.

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Gold ETFs Like GLD Own No Gold

By Egon von Greyerz – Re-Blogged From Gold Eagle

Two major asset classes are major beneficiaries of the unlimited money printing and credit creation that is now taking place globally. One of them will end in tears and the other one has just started a major secular bull market.

As the world economy and financial system is disintegrating, investors are under the illusion that all is well with many stock markets still not far from their all-time bubble highs.

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Why Don’t These Lives Matter?

By Paul Driessen – Re-Blogged From WUWT

Child labor, human rights abuses and deaths are routinely ignored by Greens and Democrats

Marathon Petroleum recently announced it will “indefinitely idle” its Martinez Refinery. The decision will remove hundreds of jobs, billions of dollars, and nearly 7 million gallons of gasoline, diesel and other petroleum liquids per day from the energy-hungry California economy. It will also send fuel prices even higher for minority and other poor families that already pay by far the highest gasoline prices in the continental United States: $1.32 more per gallon of regular than in Louisiana and Texas.

California’s green and political interests don’t want drilling or fracking, pipelines, or nuclear, coal or hydroelectric power plants – or mining for the materials needed to manufacture electric cars. They prefer to have that work done somewhere else, and just import the energy, cars and consumer goods.

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Upcoming La Nina Winter: Cooler and Wetter than Normal

By Cliff Mass Weather Blog – Re-Blogged From WUWT

There comes a point during mid-summer when the veil of uncertainty lifts regarding the nature of the upcoming winter season and we are at that point now.

The key tool for seasonal forecasting in our region is the correlation between El Nino (warmer than normal water in the tropical Pacific) and La Nina (the opposite) and the large-scale weather circulation over our region.    El Nino years tend to bring our region warm/drier conditions with a lower than normal snowpack. La Nina years tend to be cooler/wetter and are the periods skiers dream of.

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The Battle Over US Energy Policy and Its Consequences

By Tilak Doshi – Re3-Blogged From WUWT

With the US presidential elections less than 90 days away, US energy policy – which includes government regulations dealing with climate change – has emerged as one of the core issues. This is not only because the Democratic Party, in seeking to unseat incumbent President Trump, has itself elevated energy and climate change policies to its highest priority. Energy is the lifeblood of the modern economy – the “master resource” that affects the production and use of all other resources – and hence US energy policy will affect the livelihood of all Americans. And as the US has emerged as the world’s leading oil and gas producer over the past decade, the energy and climate policies adopted by the next US administration will also profoundly influence global economic and geopolitical affairs.

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US In Long-term Economic Decline

By David Haggith – Re-Blogged From Gold Eagle

Measured by the common man, we’re on the road to ruin. The US has been in decline for decades, but you can’t see that by looking at stocks. You can’t tell it from those who lie about the economy to make their living, but look at long-term real numbers, and you see an empire in decline that just got its wobbly legs kicked out by COVID-19.

The clamor of false profits

Listen to the kinds of false narratives being spun to claim the economy is largely recovering. Call it the relentless and unrealistic belief in a V-shaped recovery narrative or whatever you want to call it, but the nonsense is still flourishing, though not the economy.

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Emperor Penguin Numbers Rise

By Dr. Susan Crockford’s Polar Bear Science – Re-Blogged From WUWT

Emperor penguin (Aptenodytes fosteri) populations in 2019 were found to have grown by up to 10% since 2009 – to as many as 282,150 breeding pairs (up from about 256,500) out of a total population of over 600,000 birds (Fretwell et al. 2012; Fretwell and Trathan 2020; Trathan et al. 2020) – despite a loss of thousands of chicks in 2016 when an ice shelf collapsed. Yet, biologists studying this species are currently petitioning the IUCN to upgrade emperor penguins to ‘Vulnerable’ (Trathan et al. 2020), based on models that use the implausible and extreme RCP8.5 ‘worse case‘ climate change scenario (e.g. Hausfather and Peters 2020) that polar bear biologists find so compelling. Not surprisingly, their unscientific models suggest emperor penguins could be close to extinction by 2100 under these unlikely conditions – but if we reduce CO2 emissions via political policy, the penguins will be saved!

Emperor penguins NOAA_Wikipedia 2006 med

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Coronavirus Accelerates the Trend of Declining US Transit Ridership

By Steve Goreham – Re-Blogged From WUWT

Originally posted at the Washington Examiner

Public transit systems play an important role in transporting people within our major cities. Buses, trains, streetcars, and ferry boats transport more than 27 million people each day in the United States. But U.S. public transit ridership has been declining for the last five years, and the coronavirus pandemic is accelerating the decline.

Inside school bus: line of seats. Back to school concept. Educational time

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A Brief Tale of Wind and Steam

By Ed Zuiderwijk, – Re-Blogged From WUWT

About a year ago I read in a Dutch national newspaper an article which elaborately and somewhat aggressively argued that if you had the choice between, say, a 1000MW gas-fired power plant and a few thousands windmill generators the latter was the way to go. It was full of the phoney arguments and broken reasoning well-known to readers of this blog, and was, of course, palpable nonsense. I had a good laugh about it; you can’t argue with purveyors of foolishness and, furthermore, when you know something is utterly wrong it is usually completely uninteresting to precisely analyse why.

I had almost forgotten about it when some conversation with friends brought it back to my attention and made me question (myself) why it was that I knew with such total clarity that the argument put forward in that article was piffle given that I know not much more in depth about the subject than your average informed layman. After some reflection I realised that it was because of something I was taught many years ago at school. That’s what this posting is about.

Lake vegetation with traditional wind mills. Holland

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The Final Years of Majuro—Are a Long Way Off

By E. Calvin Beisner, Ph.D – Re-Blogged From WUWT

Refuting climate alarmists’ counterfactual claims is like playing whack-a-mole. Smack this one here, and ten others pop up there, and there, and there, and ….

In the climate apocalyptic video propaganda category, the newest seems to be The Final Years of Majuro, posted to YouTube August 4.

The film tells us, with all the authority of “science,” that the Marshall Islands (of which Majuro is the capital city), will disappear if global average temperature (GAT) rises beyond 1.5°C above pre-industrial times.

Majuro town centre aerial view, Central Business district, Marshall Islands, Micronesia, Oceania, South Pacific Ocean. Delap, Uliga, Djarrit villages. Azure turquoise atoll lagoon, blue tropical skies

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Do We Have to Destroy the Earth to Save It?

Do wind turbines and solar farms hold the keys to saving the environment? Michael Shellenberger, founder of Environmental Progress and noted climate activist, used to think so. Now he’s not so sure. He explains why in this important video.

Please watch the VIDEO

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Extreme Floods / Covid-19 / China Food Shortage Fears

By Eric Worrall – Re-Blogged From WUWT

A Chinese granary has banned recording devices after a viral video emerged showing rotting corn in food storage bins

China is not having a good year. Following China’s largely self inflicted Covid-19 disaster, and months of extreme rain pushing floodwaters against the structurally questionable Three Gorges dam, failure of which could wash away China’s industrial and agricultural heartland with a 31 billion 39 trillion litre inland tsunami, reports are now appearing claiming there is a looming Chinese food shortage.

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Watching CO2 Feed the World

By David Wojick – Re-Blogged From WUWT

Watching a child grow is seeing carbon dioxide in action. Plants turn CO2 into the food we eat to live and grow on. “You can’t live on air” is a common saying but that is just what we do; we live on air and water.

Few people appreciate this amazing fact, that CO2 in the air is the global food supply. Our meat, fruit and veggies, also our candy and ice cream, milk and wine, are built almost entirely from carbon dioxide and water. Everything we eat and drink.

There is also a bit of nitrogen, to make protein, plus a bunch of trace minerals and vitamins, but you and I are basically composed of processed H2O and CO2.

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NPR: “Mounting Evidence” Suggests #COVID19 Not As Deadly as Thought.

Re-Blogged From WUWT

An NPR report suggests the global response to COVID-19 may have been based on a flawed assumption about the volatility of COVID19. We already know that the model used to initially predict infection and death rates was completely flawed, and now discredited, along with the modeler Neil Ferguson of London’s Imperial College.

Back in 2005, Ferguson claimed up to 200 million might die from the Avian flu, but in reality, only about 100 did. In March 2020, Ferguson was queried by The New York Times with the question: “what the best-case scenario was for the US during the COVID pandemic?”

“About 1.1 million deaths,” he said. So far, as of this writing, 154,471 deaths have been recorded according to the CDC.

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The Magnitude Of Long Term Profits In A Gold Secular Cycle

Gold has recently been setting all time highs on a nominal basis and has broken the $2,000 an ounce barrier. It had been eight years since a new high had been set, and this is obviously an important event.

However, when compared to the magnitude of gold gains over a secular cycle, the recent price movements have been quite small in comparison to what history shows us could be on the way. To see why this is the case, we need to move from measuring the consistency of the price advantage that gold builds over stocks in a secular cycle, to the cumulative magnitude of the relative gains.

As we will explore, for two investors starting with equal assets, the historical norm is for an investor in the correct asset to have 2 times to 5 times the net worth of an investor in the wrong asset, within 3-5 years of a new secular cycle starting. This extraordinary degree of wealth creation/destruction is so large that it may seem improbable – but it is just what history shows us, and a swing in wealth of this magnitude occurred in all four of the secular cycles studied herein.

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Big US Stocks’ Q2’20 Fundamentals

By Adam Hamilton – Re-Blogged From Gold Eagle

The US stock-market action last quarter was dumbfounding. Big US stocks rocketed higher despite this global pandemic ravaging the US economy, which collapsed by a third in annualized terms! That makes understanding their fundamentals more important than ever. The winding-down Q2’20 earnings season reveals whether those massive stock-price gains were actually justified by underlying corporate profits.

Last quarter proved this country’s worst in history economically, with US GDP crashing at a brutal 32.9% full-year pace! 3/4ths of that plummeting was driven by personal consumption cratering. Tens of millions of Americans were receiving unemployment payments. When spending wanes, corporate earnings have to follow. Consumer spending dominates the US economy, driving about 7/10ths of all economic activity.

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The Dirty Secrets of “Clean” Electric Vehicles

By Tilak Doshi – Re-Blogged From WUWT

The widespread view that fossil fuels are “dirty” and renewables such as wind and solar energy and electric vehicles are “clean” has become a fixture of mainstream media and policy assumptions across the political spectrum in developed countries, perhaps with the exception of the Trump-led US administration. Indeed the ultimate question we are led to believe is how quickly can enlightened Western governments, led by an alleged scientific consensus, “decarbonize” with clean energy in a race to save the world from impending climate catastrophe. The ‘net zero by 2050’ mantra, calling for carbon emissions to be completely mitigated within three decades, is now the clarion call by governments and intergovernmental agencies around the developed world, ranging from several EU member states and the UK, to the International Energy Agency and the International Monetary Fund.

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Gold At $2000+. So Why The Fuss?

By Alasdair Macleod – Re-Blogged From Goldmoney

There appears to be no way out for the bullion banks deteriorating $53bn short gold futures positions ($38bn net) on Comex. An earlier attempt between January and March to regain control over paper gold markets has backfired on the bullion banks.

Unallocated gold account holders with LBMA member banks will shortly discover that that market is trading on vapour. According to the Bank for International Settlements, at the end of last year LBMA gold positions, the vast majority being unallocated, totalled $512bn — the London Mythical Bullion Market is a more appropriate description for the surprise to come.

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About Those ‘Green Energy’ Unicorns…

By Michael Walsh – Re-Blogged From WUWT

You think those baby unicorns grow on trees? Better think again. “Green” energy, in fact, comes with a very high price tag. as this report from the Manhattan Institute makes clear:

As policymakers have shifted focus from pandemic challenges to economic recovery, infrastructure plans are once more being actively discussed, including those relating to energy. Green energy advocates are doubling down on pressure to continue, or even increase, the use of wind, solar power, and electric cars. Left out of the discussion is any serious consideration of the broad environmental and supply-chain implications of renewable energy.

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How Does The Yellow Metal Fit The Corona World?

For a long time, pundits talked excitedly about the rapid, V-shaped recovery. I never shared this view, finding it too optimistic and without basis in reality. Like Jeff Goldblum in Jurassic Park, I hate being right all the time, but it really seems that I was right about this issue. According to the July World Flash report by IHS Markit, we can read that “the new wave of infections has reduced the probability of a V-shaped cycle (…) and increased the risk of a double-dip recession (W-shaped cycle).

The problem is the rising number of Covid-19 infections in large economies such as Brazil, India, or the United States, as the chart below shows (there is also the resurgence in cases in other countries, such as Australia or Japan, although the absolute numbers of infections are smaller).

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Has The Fed Let The Inflation Genie Out Of The Bottle?

By Stefan Gleason – Re-Blogged From Gold Eagle

The dramatic ascent of precious metals markets this summer reflects what could be just the start of a longer-term decline and fall in the Federal Reserve Note’s value and status.

With gold prices surpassing $2,000/oz recently, the monetary metal has now made new all-time highs versus all the world’s major fiat currencies. Gold is, as former Federal Reserve chairman Alan Greenspan has acknowledged, the “ultimate money.”

The Fed, by contrast, is the ultimate inflator.

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The Coming Tiny Silver Market Explosion

By SRSrocco – Re-Blogged From Silver Phoenix

Even though the silver price has surged over the past two months, we haven’t seen anything yet.  Step aside, Tesla.  Watch what happens when investors begin to understand the true meaning of “STORE OF VALUE.”  I can assure you; Tesla is not a store of value but rather a perfect example of the 2000 TECH-BUBBLE 2.0.

Unfortunately, the glitz, glamor, and allure of Technology will only last as long as the world is capable of supplying lots of cheap and available oil.  Technology doesn’t really solve problems; it just consumes one hell of a lot more energy with the illusion of a FIX.  Tesla isn’t solving our problem with fossil fuel addiction.  Without the burning of one hell of a lot of oil, natural gas, and coal, Elon Musk wouldn’t be able to roll just one of his Model 3 Electric vehicles off the assembly line.  This is the BAD JOKE that most “Renewable Energy Aficionados” would like you to ignore.

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Weekly Climate and Energy News Roundup #418

The Week That Was: August 1, 2020

By Ken Haapala, President, www.SEPP.org

Quote of the Week: The right to search for the truth implies also a duty; one must not conceal any part of what one has recognized to be true.” – Albert Einstein. [H/t Michael Dourson]

Number of the Week: 33 to 1

July Summary Part IV; Changing Ocean Chemistry and Sea Levels: Three weeks ago TWTW reviewed Richard Lindzen’s new paper summarizing what we know with reasonable certainty, what we suspect, and what we know is incorrect about climate change, the greenhouse effect, temperature trends, climate modeling, ocean chemistry, and sea level rise. Key parts included:

1) The climate system is never in equilibrium.

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CDC Head Admits Hospitals Have ‘Perverse’ Incentive to Pad COVID Deaths

By Contributing Author – Re-Blogged From Liberty Headlines

‘We all saw the motorcycle accident with COVID on the death certificate. A rarity? Not really…’

Inflating A Silver Bubble

By Keith Weiner – Re-Blogged From Silver Phoenix

We’ve been publishing updates recently after days when the silver price has spiked up. Now, after Tuesday’s trading action, silver trades over $26. Its price moved up over two bucks (about 8%).

[This morning – Aug 7 – Silver is trading around $28 per ounce. –Bob]

The long pattern since the peak price hit back in 2011 has been that a rise in price  accompanies rising abundance. That is, more metal comes to market at higher prices. Supply and demand, and all that stuff they taught back in Econ 101.

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ANDY NGO: Antifa ‘Not a Myth,’ Has ‘Made Rioting an Art Form’

In chilling testimony before the Senate Judiciary Committee’s subcommittee on the Constitution, undercover journalist Andy Ngo confirmed the nightmares of many and cast new light on the mechanisms of domestic terrorism group Antifa.

Many on the Left, including its mainstream media allies, have downplayed the group’s organized activity, likely driven by talking points that originated within Antifa itself, during its role in recent race riots.

In fact, Ngo, a Portland resident, began his testimony by directly refuting a shocking claim made by Rep. Jerrold Nadler that the violence in the Oregon city was merely a fiction being circulated by Capitol Hill politicos.

There’s a Theory That Elon Musk Is Digging a Tunnel Between LA and Vegas

Digging a Tunnel

Photos have emerged online of large tents and heavy tunneling machinery belonging to Elon Musk’s Boring Company in the California desert north east of Los Angeles, as Teslarati reports.

The machinery could suggest that the Boring Company is setting up to dig a tunnel connecting Los Angeles and Las Vegas, but neither the company nor Elon Musk have made an announcement about any such plans.

Teslarati argues the photos suggest a possible tunnel between the two cities, mainly due to the geographical location where the machinery was spotted — Adelanto, California, about an hour and a half in the direction to Las Vegas from LA.

U.S. Riots Take a Page from the Latin American Socialist Playbook

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Does College = Success?

Jeremy Boreing, co-founder of The Daily Wire, doesn’t have a college degree. Neither do Mark Zuckerberg, Bill Gates, or a host of other innovators who have shaped our contemporary world. Which begs an important question: Is a college degree really necessary for success?

Please view the VIDEO

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America: Still the Land of Opportunity for All

If we’ve learned one thing from the demonstrations and riots that followed the death of George Floyd in police custody, it’s that Americans, particularly younger Americans, don’t appreciate the great history of their country.

It’s been a team effort to get into this situation. Teachers, schools, universities, even former first lady Michelle Obama, who said in a commencement speech earlier this year: “For too many people in this country, no matter how hard they work, there are structural barriers working against them that just make the road longer and rockier.

Behind the wheel in this 1911 photograph is C.J. Walker, the first woman to become a self-made millionaire in the United States. The daughter of former slaves, she got her start working in a barber shop and eventually founded her own hair-care products company. (Photo: Smith Collection/Gado/Getty Images)

Microsoft Offers to Buy TikTok Following Trump Crackdown

Make It American

Over the weekend, the Trump administration gave TikTok’s Chinese parent company ByteDance 45 days to sell off the app — or get kicked out of the US market, Reuters reports.

Microsoft is circling the news like a shark and has officially confirmed in a blog post that it’s interested in buying TikTok operations in the US, Canada, Australia, and New Zealand. That means the US software company has 45 days to make the move.

Are Lockdowns Necessary? What Data From 10 Countries Show

A new Heritage Foundation special report analyzes the COVID-19 responses of 10 countries, with varying levels of economic freedom, to better understand which policies might have been more effective than others.

Here’s what the report found.

The 10 countries we studied have taken vastly different approaches to handling COVID-19 with varying degrees of success.

The evidence suggests that full lockdowns, such as those implemented in Italy and Norway, are not as effective as the more targeted approaches taken in other countries, such as in South Korea and Iceland.

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How Long Can Fed Cancel Gravity?

By Rick Ackerman – Re-Blogged From Silver Phoenix

True enough, statistically speaking. But the hardships of being jobless will be more easily borne by millions of Americans to the extent they are cushioned by generous checks from The Government. The handouts have in fact been so unstinting that two-thirds of those laid off due to the pandemic are eligible for benefits that exceed what they made working .

Look Ma, No Taxes!

Ordinarily, we might infer that it is deflationary for unemployment checks to be used to retire debt. But because no taxes have been levied to pay for the benefits, and because the benefits will decrease the burden of debt for millions of down-and-out workers, the net economic result is neither inflationary nor deflationary, at least for now. Factor in the bullish effect stimulus has had on the stock market, and inflation wins out, just as the Fed had intended. How long can the central bank continue to cancel gravity? It’s impossible to say, although we do know that the felicitous effects of helicopter money cannot last indefinitely.

We also know that every penny of it will have to be paid by someone at some point. Hyperinflation or deflation are the only conceivable avenues to achieve this, but it would be overly optimistic to assume we will have a choice. Politicians will always opt for the former, but they should have noticed by now that the trillions they have shot at the problem so far have inflated only stock prices. Judging from the headlines, one might infer that most of these pandering fools actually believe that Fed alchemy is an actual example of free lunch and that the bull market will continue indefinitely. The alternative is too scary to ponder — not just for politicians, but for all of us.

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Rising Gold = Higher Future Bond Yields

By Mark J Lundeen – Re-Blogged From Gold Eagle

The Dow Jones continues in an annoyingly tedious manner, where it refuses to go up or down as it hugs on to its BEV -10% line for dear life in the BEV chart below.  It’s been this way for over a month.  So we continue watching the Dow Jones’ BEV -5% and -15% lines, to see which the Dow Jones crosses through first.

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Mexico And Peru Silver Production Big Declines Again In May

By SRSrocco – Re-Blogged From Silver Phoenix

According to the data released by Mexico and Peru’s governmental mining data, domestic silver production continued to be depressed in May.  Interestingly, the production data just released from Mexico’s INEGI shows that the country’s silver production in May was even less than what they reported for April.

I first wrote about this in my article, World’s Two Largest Silver Producers Mine Supply Cut Drastically In April.  The combined silver production loss from Mexico and Peru in April was 432 metric tons or 53% versus the same month last year.  Peru accounted for the largest of the decline in April at 237 metric tons (mt) compared to 195 mt for Mexico.

However, Mexico’s silver production in May dropped to 298 mt compared to 301 mt in April.  Here is the combined silver production by Mexico and Peru from April 2019 to May 2020:

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Another Nail in the LNT Coffin

By Andrew Montford, GWPF – Re-Blogged From WUWT

A few weeks ago, we at GWPF published a paper by Ed Calabrese and Mikko Paunio, about the linear no-threshold (LNT) model as applied to the harms caused by nuclear radiation. The LNT model encapsulates the idea that there is no safe level of radiation exposure, no threshold below which exposure is not a problem. It is therefore the cause of all extraordinary levels of bureaucracy and safety measures that have all but killed off the nuclear industry in much of the western world.

James V. Neel, author of the ABCC study

 

 

 

 

 

 

 

 

 

 

 

 

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Solar Plant That Was Obsolete Before Ever Going Online

By CHRIS WHITE – Re-Blogged From WUWT

The Department of Energy reached a settlement Thursday to recover $200 million in taxpayer funds from a loan the Obama administration distributed in 2011 to finance a $1 billion solar power plant that was deemed obsolete before it could officially go online.

The settlement between DOE and Tonopah Solar Energy must now be approved by a bankruptcy court, the Las Vegas Review Journal reported.

The DOE provided a $737 million loan to Tonopah in September 2011 for the purposes of financing the $1.1 billion Crescent Dunes Solar Energy Project in Nevada. The agency disbursed funds for the plant in 2011 and 2013 before the project experienced problems requiring improvements, rendering the Crescent Dunes obsolete by 2015, Bloomberg reported in January.

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Precious Metals Landmine…

By Michael Ballanger – Re-Blogged From Gold Eagle

The US Dollar Wants YOU!

Before I begin this weekly missive (which is being penned on a Wednesday due to my impending cruise to the northern habitats of Georgian Bay), I need to present one quote that for me summarizes everything there is to know about risk management in the capital markets universe:

It Ain’t What You Don’t Know That Gets You Into Trouble.

It’s What You Know for Sure That Just Ain’t So (Mark Twain)

“Government Sachs” Is Worried About the Federal Reserve Note

By Mike Gleason – Re-Blogged From Gold Eagle

As July comes to a close, the gold price is up better than 9% for the month and has advanced nearly 30% for the year.

Gold’s record-setting rise has been driven by Federal Reserve stimulus, dollar weakness, and strong safe-haven investment demand. Even the Wall Street-centric financial media is taking note:

Financial News Anchor #1: Gold is shining once again, this morning. The spot price is touching all-time highs, as the dollar index sits around a two-year low.

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Why Herd Immunity to COVID-19 is Reached Much Earlier Than Thought – Update

By Nic Lewis – Re-Blogged From WUWT

I showed in my May 10th article Why herd immunity to COVID-19 is reached much earlier than thought that inhomogeneity within a population in the susceptibility and in the social-connectivity related infectivity of individuals would reduce, in my view probably very substantially, the herd immunity threshold (HIT), beyond which an epidemic goes into retreat. I opined, based on my modelling, that the HIT probably lay somewhere between 7% and 24%, and that evidence from Stockholm County suggested it was around 17% there, and had been reached. Mounting evidence supports my reasoning.[1]

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Gold Stocks’ Autumn Rally 5

By Adam Hamilton – Re-Blogged From Gold Eagle

The gold miners’ stocks have rocketed higher this summer, smashing out of their usual summer-doldrums sideways grind. That atypical strength has been driven by gold steadily marching to major new secular highs, fueled by strong investment demand. This has carried gold stocks and the metal they mine back to their traditional strong season, which begins with robust autumn rallies usually accelerating in late summers.

Seasonality is the tendency for prices to exhibit recurring patterns at certain times during the calendar year. While seasonality doesn’t drive price action, it quantifies annually-repeating behavior driven by sentiment, technicals, and fundamentals. We humans are creatures of habit and herd, which naturally colors our trading decisions. The calendar year’s passage affects the timing and intensity of buying and selling.

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Viral Video of Doctors’ Capitol Hill Coronavirus Press Conference

By Matt Perdie– Re-Blogged From Breitbart

Facebook has removed a video posted by Breitbart News earlier today, which was the top-performing Facebook post in the world Monday afternoon, of a press conference in D.C. held by the group America’s Frontline Doctors and organized and sponsored by the Tea Party Patriots. The press conference featured Rep. Ralph Norman (R-SC) and frontline doctors sharing their views and opinions on coronavirus and the medical response to the pandemic. YouTube (which is owned by Google) and Twitter subsequently removed footage of the press conference as well.

The video accumulated over 17 million views during the eight hours it was hosted on Facebook, with over 185,000 concurrent viewers.

[Please try this link. As of right now, it’s not blocked.  –Bob]

The livestream had accumulated over 17 million views by the time of its censorship by Facebook. 

In terms of viral velocity, the post was beating content from many other prominent accounts on Facebook today, including Hillary Clinton, Rev. Franklin Graham, and Kim Kardashian.

Over 185,000 viewers were concurrently watching the stream when it aired live Monday afternoon.

The event, hosted by the organization America’s Frontline Doctors, a group founded by Dr. Simone Gold, a board-certified physician and attorney, and made up of medical doctors, came together to address what the group calls a “massive disinformation campaign” about the coronavirus. Norman also spoke at the event.

“If Americans continue to let so-called experts and media personalities make their decisions, the great American experiment of a Constitutional Republic with Representative Democracy, will cease,” reads the event’s information page.

The event was organized and sponsored by the Tea Party Patriots.

“We’ve removed this video for sharing false information about cures and treatments for COVID-19,” a Facebook company spokesman, Andy Stone, told Breitbart News. The company did not specify what portion of the video it ruled to be “false information,” who it consulted to make that ruling, and on what basis it was made.

Stone replied to New York Times tech columnist Kevin Roose on Twitter regarding the video:

Stone then added that the platform would direct users who had interacted with the post to information on “myths debunked by the WHO.”

Facebook’s decision to censor the livestream was quickly followed by YouTube, the Google-owned video-sharing platform. The video had over 80,000 views on YouTube prior to its removal.

Following Facebook and YouTube’s removal of the video, Twitter followed suit, removing Breitbart News’s Periscope livestream of the press conference. Jack Dorsey’s platform also then limited the Breitbart News official account, indicating that tweets containing links to multiple stories about the press conference violate the platform’s COVID-19 policies.

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