New Inflation Indicator

By Keith Weiner – Re-Blogged From Gold Eagle

Last week, we wrote that regulations, taxes, environmental compliance, and fear of lawsuits forces companies to put useless ingredients into their products. We said:

“For example, milk comes from the ingredients of: land, cows, ranch labor, dairy labor, dairy capital equipment, distribution labor, distribution capital, and consumable containers.”

There are eight necessary ingredients, without which milk cannot be produced.

Continue reading

Advertisements

Solar Slump Continues

Re-Blogged From WUWT

Solar experts predict the Sun’s activity in Solar Cycle 25 to be below average, similar to Solar Cycle 24

April 5, 2019 – Scientists charged with predicting the Sun’s activity for the next 11-year solar cycle say that it’s likely to be weak, much like the current one. The current solar cycle, Cycle 24, is declining and predicted to reach solar minimum – the period when the Sun is least active – late in 2019 or 2020.

Solar Cycle 25 Prediction Panel experts said Solar Cycle 25 may have a slow start, but is anticipated to peak with solar maximum occurring between 2023 and 2026, and a sunspot range of 95 to 130. This is well below the average number of sunspots, which typically ranges from 140 to 220 sunspots per solar cycle.

Graph via Twitter from
NOAA’s Space Weather Workshop

Continue reading

Memories…And A Warning

By Gary Savage – Re-Blogged From Gold Eagle

This week my second son Joey turns 30 and my granddaughter Addie turns 3- just a day apart. The reason I bring this up is that we took a few days and visited Disney World in Florida.

As I walked into Disney’s Main Street I was reminded of a simpler and happier time here in America that many today cannot remember. America was a place where budding entrepreneurs could hang out a shingle without much government interference and chase their dreams. Mom and pop stores could make a living and provide services that made life easier for everyone. With few regulations and few barriers to entry many could earn a living and make their lives better. This Main Street is a reminder of this. Low taxes, low interference, high growth and stable money. Life was good for most.

Those with great ideas were rewarded with great fortunes.

Continue reading

Sierra Nevada Snowpack at 162 Percent of Normal, California Water Supply Dream

I notice they avoided calling it a *** dream

From The Watchers – Re-Blogged From WUWT

Posted by TW on April 3, 2019 at 19:46 UTC (1 day ago)
Categories: Featured articles, Ice & snow, Water crisis

Sierra Nevada snowpack at 162 percent of normal, California water supply dream

They note:

Snowpack at the station was at 200% of average while statewide snowpack is 162% of average.

“This is great news for this year’s water supply, but water conservation remains a way of life in California, rain or shine,” California Department of Water Resources said.

The state has experienced more than 30 atmospheric rivers since the start of the water year, six in February alone, and statewide snow water equivalent has nearly tripled since February 1, officials said.

Phillips Station now stands at 106.5 inches (270.5 cm) of snow depth and a snow water equivalent of 51 inches (129.5 cm), which is 200% of average for the location. Statewide, the Sierra Nevada snowpack is 162% of average.

Continue reading

‘Yellow Vest’ Protestors Crowd French Streets for 21st Straight Weekend

By ELAINE GANLEY / AP – Re-Blogged From Time.com

(PARIS) — Protesters from the yellow vest movement took to the streets of France on Saturday for a 21st straight weekend, with thousands marching across Paris and a group briefly invading the busy beltway around the capital.

Riot police rounded up the protesters on the beltway and fired a round of tear gas on the street above, apparently to stop others from entering a ramp onto the road.

At another of Saturday’s numerous protests around the country, police fired tear gas in Rouen, in Normandy, in a showdown with protesters after fires were set in garbage cans and elsewhere.

 

Protesters march along the Quai de Valmy in Paris on April 6, 2019, during a demonstration by the 'Yellow Vests' (gilets jaunes) movement on the 21st consecutive. France has been rocked by months of weekly Saturday protests by the yellow vests, which emerged over fuel taxes before snowballing into a broad revolt against the French President.

Protesters march along the Quai de Valmy in Paris on April 6, 2019, during a demonstration by the ‘Yellow Vests’ (gilets jaunes) movement on the 21st consecutive. France has been rocked by months of weekly Saturday protests by the yellow vests, which emerged over fuel taxes before snowballing into a broad revolt against the French President.
Anne-Christine Poujoulat—AFP/Getty Images

The Coming Middle East Oil Crisis: The Collapse Of Net Oil Exports

By SRSrocco – Re-Blogged From Silver Phoenix

The Middle East is heading for a crisis in its oil industry.  Unfortunately, the market doesn’t realize there is any danger on the horizon because it mainly focuses on how much oil the Middle East is producing rather than its exports.  You see, it doesn’t really matter how much oil a country produces but rather the amount of its net oil exports.

A perfect example of this is Mexico.  As I mentioned in a recent article, NEXT OIL DOMINO TO FALL? Mexico Becomes A Net Oil Importer, Mexico is now a net importer of oil for the first time in more than 50 years.  Furthermore, the IEA – International Energy Agency, published in their newest OMR Report that Mexico is forecasted to lose another 170,000 barrels per day of oil production in 2019.  Thus, this is terrible news for the United States southern neighbor as it will have to import even more oil to satisfy its domestic consumption.

Continue reading

Straws In The Wind

By Alasdair Macleod – Re-Blogged From Gold Eagle

Life is full of mysteries. Each mystery is like a straw in the wind, which individually means little, but tempting us to speculate there’s a greater meaning behind it all. Yes, there is a far greater game in play, taking Kipling’s aphorism to a higher level.

One of those straws is Russia’s continuing accumulation of gold reserves. Financial pundits tell us that this is to avoid being beholden to the US dollar, and undoubtedly there is truth in it. But why gold? Here, the pundits are silent. There is an answer, and that is Russia understands in principal the virtues of sound money relative to possession of another country’s paper promises. Hence, they sell dollars and buy gold.

But Russia is now going a step further. Izvestia reported the Russian Finance Ministry is considering abolition of VAT on private purchases of gold bullion. We read that this could generate private Russian annual demand of between fifty and a hundred tonnes. More importantly, it paves the way for gold to circulate in Russia as money.

Continue reading