A Look At China

By Mark J Lundeen – Re-Blogged From Gold Eagle

Since June 11th (the past month) the Dow Jones continues struggling with what it’s to do next; break above and stay above its BEV -10% line, or break below and stay below its BEV -15% line.

What’s the Dow Jones waiting for?  As seen in my next chart showing the weekly changes in the Federal Reserve’s holding of US Treasury Debt, the Dow Jones is waiting for another “injection” of “liquidity.”

Continue reading

Are California’s Solar and Wind Projects at Risk in PG&E Bankruptcy?

By  – Re-Blogged From WUWT

PG&E has asked a bankruptcy judge for the authority to nullify billions of dollars in contracts with solar and wind farms.

California has the most far-reaching renewable energy laws in United States.

But with the bankruptcy filing Tuesday by the state’s biggest electric utility, PG&E, major questions are arising about whether California will be able to meet its ambitious targets for solar, wind and other types of green electricity in the years ahead.

The NextEra Energy wind turbines are seen from this drone view along Flynn Road North near Altamont Pass in Livermore, Calif.,

Continue reading