Gold Miners’ Q3’17 Fundamentals

By Adam Hamilton – Re-Blogged From http://www.Gold-Eagle.com

The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally. This vexing consolidation has left a wasteland of popular bearishness. But once a quarter earnings season arrives, bright fundamental sunlight dispelling the obscuring sentiment fogs. The major gold miners’ just-reported Q3’17 results prove this sector remains strong fundamentally, and super-undervalued.

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 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.

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Renewable Energy – by Royal Decree

By Paul Driessen – Re-Blogged From http://www.WattsUpWithThat.com

The St. Louis city council has unanimously passed a resolution decreeing that by 2035 the city will somehow, almost magically be powered by 100% “clean, renewable” electricity. Or at least by paper certificate, as St. Louis city council raises electricity costs for poor families

City of St. Louis skyline in September 2008. Image: Wikimeda
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When Will Free Markets Emerge?

By George Smith – Re-Blogged From http://www.Silver-Phoenix500.com

If someone asked you to define “free market,” could you?  Could you do it on the spot without recourse to dictionaries or other crutches?

There’s an old tale about the origin of the term “laissez-faire” that gets to my point.  Here’s the write-up in Wikipedia:

The term laissez faire likely originated in a meeting that took place around 1681 between powerful French Comptroller-General of Finances Jean-Baptiste Colbert and a group of French businessmen headed by M. Le Gendre. When the eager mercantilist minister asked how the French state could be of service to the merchants and help promote their commerce, Le Gendre replied simply “Laissez-nous faire” (“Leave it to us” or “Let us do [it],” the French verb not having to take an object).

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Weekly Climate and Energy News Roundup #289

By Ken Haapala, President, Science and Environmental Policy Project

Brought to You by www.SEPP.org

Quote of the Week. “The important thing is not to stop questioning. Curiosity has its own reason for existing. One cannot help but be in awe when he contemplates the mysteries of eternity, of life, of the marvelous structure of reality. It is enough if one tries merely to comprehend a little of this mystery every day.” – Albert Einstein

Number of the Week: $0.00? Zero?

Funding Climate Science: Internal to the globe, the earth’s climate is partially determined by the movement of two dynamic fluids: 1) the atmosphere; and 2) the oceans. Fluid dynamics is not thoroughly understood; thus, the actions of these fluids cannot be clearly defined.

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In China, Innovation Cuts Both Ways

By Matthew Bey – Re-Blogged From https://worldview.stratfor.com

China is in a bind. The heavy industry that propelled the country’s economy through three decades of dizzying growth has reached its limits. To escape the dreaded middle-income trap, China will need to shift its focus from low-end manufacturing to other economic industries, namely the technology sector. Beijing has put tech at the center of its long-term economic strategy through campaigns such as Made in China 2025 and Internet Plus. But these initiatives alone won’t push the Chinese economy past its current plateau. The tech sector is notorious for relentless innovation. And innovation requires flexibility.

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Cost of Climate Change Damage Far Less Than Cost of Decarbonization!

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

H/T to ivankinsman for bringing this to my attention.

Government report calls on Trump to act on climate change

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By Eli Watkins, CNN
Updated 1441 GMT (2241 HKT) October 24, 2017

Washington (CNN)A government report released Monday is sounding an alarm over the threat of climate change, and the government’s response.

The US government has spent more than $350 billion over the past decade in response to extreme weather and fire events, and the Government Accountability Office report estimated the US would incur far higher costs as the years progress if global emission rates don’t go down.

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Weekly Climate and Energy News Roundup #288

By Ken Haapala, President, The Science and Environmental Policy Project

Brought to You by www.SEPP.org

Quote of the Week. “The modern world, after all, is not the product of a successful search for consensus. It’s what’s emerged from centuries of critical enquiry and hard clash.” – Tony Abbott, former Prime Minister of Australia

Number of the Week: 2.2 million workers needed to replace 52,000?

Letter To Scott Pruitt: On October 17, SEPP President Kenneth Haapala sent EPA Administrator Scott Pruitt a letter requesting action on two science-based petitions for reconsideration of the Endangerment Finding for Greenhouse Gases, one filed by the Concerned Household Electricity Consumers Council (CHECC) and one filed jointly by the Competitive Enterprise Institute (CEI) and the Science and Environmental Policy Project. The letter stated a willingness to assist in a new Endangerment Finding assessment that is carried out in a fashion that is legally consistent with the relevant statute and case law. The letter contained the names of over 60 supporters of the petitions with expertise in climate science and related science fields or energy, public health, and welfare.

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