AI and Robots Will Change the Way We Create and Consume Content

By Benjamin Stecher – Re-Blogged From https://futurism.com
The future of entertainment in on its way toward some major changes. The rapid pace of technological advancement is allowing more content to be
created in more ways. Also, with the rise of automation, more people will be able to pursue creative endeavors.

Robert Shiller is Worried

Re-Blogged From http://reports.pmcapital.com.au

Legendary Economist Robert Shiller is Worried. Maybe You Should Be Too.

Robert Shiller, renowned economist, Yale professor and Nobel Laureate, is worried about the over-priced stock market.  So much so that he is refraining from adding to his own stock positions. One factor, among many, that he says makes him nervous is the CAPE ratio. A recent Bloomberg article notes that while the CAPE metric is still about 30 percent below its high in 2000, it shows stocks are almost as expensive now as they were on the eve of the 1929 crash. “The market is way over-priced,’’ Shiller says. “It’s not as intellectual as people would think, or as economists would have you believe.’’

Steve Forbes: ‘When You Have a Good Economy, a Lot of Sins Are Forgiven’

By F McGuire – Re-Blogged From Newsmax

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.

Image: Steve Forbes: 'When You Have a Good Economy, a Lot of Sins Are Forgiven'

“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.”

Renounce Climate Alarmism

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.

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Volatility of the Copper Markets Combined with the ‘Trump’ Effect

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.

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The Commodity Cycle: What It Means for Precious Metals Prices

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.

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Oxfam’s Climate Warriors Declare War on Poor People

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.

Energy Use 2010-2015

Energy Use for Aluminium Smelting 2010-2015. Source World Aluminium Institute

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