Trump: US May Not Impose More Tariffs on China

By Thomson Reuters – Re-Blogged From Newsmax

President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list.

Trump has imposed tariffs on $250 billion of Chinese imports to force concessions from Beijing on the list of demands that would change the terms of trade between the two countries. China has responded with import tariffs on U.S. goods.

Advertisements

India’s Booming Economy Expected To Firm Up Gold Demand

By Frank Holmes – Re-Blogged From Gold Eagle

Starting today, the five-day festival known as Diwali—literally, “a row of lights”—will be observed by millions of Hindus, Sikhs and Jains worldwide. A celebration of good triumphing over evil, the festival typically coincides with the Hindu new year. Regular readers of Frank Talk should know that Diwali is also an auspicious time to buy gold coins and jewelry as gifts for loved ones, and in the past the increased demand has been enough to move gold prices to the upside.

Continue reading

Weekly Climate and Energy News Roundup #334

Brought to You by www.SEPP.org, The Science and Environmental Policy Project

By Ken Haapala, President

Importance of Clouds: MIT Sloan Professor of Meteorology emeritus Richard Lindzen wrote TWTW stating that, in the past weeks, TWTW may have underemphasized the importance of clouds and overemphasized water vapor in their roles of causing climate change. Perhaps TWTW did because the role of El Niños in influencing atmospheric temperatures trends can easily be seen by looking at a graph of the entire record since December 1978. El Niños put a lot of water vapor into the air and temperatures peak quickly, then fall slowly as the moisture drops out. The influence is particularly strong in the Arctic, where there is little water vapor in the atmosphere. But the El Niño influence is not strong in the dry Antarctic, for reasons not clear.

Continue reading

Why The Market Crash Is Just Beginning

By Michael Pento – Re-Blogged From Silver Phoenix

Wall Street’s playbook stipulates that every down tick in the market is just another buying opportunity. While that is most often true, peak margins, a slowing global economy and the bond bubble collapse makes this time more like 2008 than just a routine selloff.

In the vanguard of this coming market crash is China, whose make-pretend growth rate slid to 6.5% in the third quarter. This is the slowest pace of growth that the communist government has been willing to own up to since the last global financial crisis. Leaving one to conclude that the reality in China is far worse.

Continue reading

Space Race Game Changer? Chinese Space Elevator Breakthrough

By Eric Worrall – Re-Blogged From WUWT

South China Morning Post has published a claim that Chinese researchers have successfully synthesised a sample of a carbon nanotube material so strong it could be used to construct the tether cable of a space elevator.

China has strongest fibre that can haul 160 elephants – and a space elevator?

Scientists say just 1 cubic centimetre of the carbon nanotube material won’t break under the weight of more than 800 tonnes

Continue reading

The Biggest Of Big Pictures

By Alasdair Macleod – Re-Blogged From Gold Eagle

I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed does not fully share my interest in the subject. An explanation of the big picture is also likely to be useful to many of my readers and their spouses, who do not share an enduring interest in geopolitics either.

That is the purpose of this article. It can be bewildering when a casual observer tries to follow global events, something made more difficult by editorial policies at news outlets, and the commentary from most analysts, who are, frankly, ill-informed. Accordingly, this article addresses the topic that dominates our future. The most important players in the great game of geopolitics are America and China. But before launching into an update, I shall lay down the disciplines required for an informed analysis.

Continue reading

Looming US Technology-Security Minerals Crisis?

By Paul Driessen – Re-Blogged From WUWT

Impacts from the 1973 OPEC oil embargo could pale by comparison to an embargo or other disrupted access to the exotic, critical and strategic metals and minerals that are essential for energy, computer, defense and other technologies that are the foundation for virtually every facet of US economy and security. Right now, the United States imports up to 100% of those materials – and two dozen of them come 60% to 100% from China, Russia or mines controlled by those two countries.

Ironically, we likely have all of them right under our feet. But the United States is the only nation in the world that locks them up, makes them inaccessible under almost any conditions. My article lays out some of the steps that must be taken to address this untenable, unsustainable situation … and cites a new book that provides fascinating and disturbing details about it.


Continue reading