Re-Blogged From http://reports.pmcapital.com.au
Legendary Economist Robert Shiller is Worried. Maybe You Should Be Too.
Steve Forbes, chairman and editor-in-chief of Forbes Media, told Newsmax TV that it is crucial for Republican lawmakers’ survival to quickly forge a tax-cut plan that will benefit all Americans.
If not, the GOP stands to pay a very dear and steep price.
“I think Republicans in Congress are beginning to realize that if they don’t get a good growth tax cut through this year, they’re going to be pursuing many of the new opportunities after the elections next year,” Forbes told Sunday’s “The Income Generation Show.”
By Leo Goldstein – Re-Blogged From http://www.WattsUpWithThat.com
“There is no greater mistake than to try to leap an abyss in two jumps”
– David Lloyd George, British Prime Minister in WWI
I think the Republican administration should renounce climate alarmism and climate pseudo-science sharply, unequivocally, and irrevocably.
Climate alarmism is a tool used to wreck America and possibly the rest of Western civilization. It is not about science. It is not about energy policy. It is not even about the power and politics. Climate alarmism is like a memetically engineered weapon of mass destruction unleashed on the U.S. and destroying our country from the inside.
By Stuart Edwards – Re-Blogged From http://www.Gold-Eagle.com
Much like other commodities, traders have always devoted a certain level of attention towards copper. There are two key reasons for this observation. First, this red metal is highly indicative of industrial demand and therefore, the health of domestic economies. Secondly, political policy shifts and fiscal plans can have a knock-on effect in regards to its pricing. We have witnessed a great deal of volatility during the past few months and while the medium-term outlook remains positive, many are wondering if a support level will soon be reached. Let us take a look at the root causes of this volatility as well as what to expect in the coming months.
By Stefan Gleason – Re-Blogged From https://www.moneymetals.com
The cycle for any commodity follows the same basic pattern…
When prices are low, production falls. As new supplies diminish, the market tightens and prices move higher. The higher prices incentivize producers to invest in production capacity and increase output. Eventually, the market becomes oversupplied, prices fall, and the cycle starts all over again.
Of course, this is a simplified model of what drives commodity cycles. Booms and busts can be amplified and extended by speculators, by unexpected shifts in demand, or even by interventions from central banks and governments.
Regardless of the causes, commodity markets will always be cyclical in nature. Commodities as a group can be pressured upward or downward by extrinsic forces such as monetary inflation or credit contraction.
By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com
Oxfam have written a report which claims coal power will create more poverty. In my opinion this claim is a disgusting direct attack on the coal fired industrialisation, jobs and opportunities currently lifting a growing number of people out of chronic poverty in Asia and Africa.