More, better inflation adjusted Gold

Submitted by Roanman on Sun, 12/20/2009 - 07:29

 

I've been reading Adam Hamilton's Zeal Essays almost from the beginning of this fine site.

The charts can be a struggle in the beginning for anyone not using mathematics, or charting on a daily basis.

But, Zeal consistently offers clear language in explaining both their ideas and their charts.

Clicking on the chart will take you to the essay from which it was taken.

Clicking on this here set of gears  will take you to Zeal's index.

Highly recommended.

 

 

 

I'll say it again

Submitted by Roanman on Thu, 12/17/2009 - 06:53
 
 
 
 

“IEA analysts say climatologists use the data of stations located in large populated centers that are influenced by the urban-warming effect more frequently than the correct data of remote stations.  Rionovosta, via RiaNovosti, 12-15-09 

 

 This story is starting to fly around everywhere, but the funnest place to read it is here. (Yes, I know it's not a word)

 

 

Iranian sloganeering

Submitted by Roanman on Tue, 12/15/2009 - 09:19

Debating on a Saturday Morning

Submitted by Roanman on Sat, 12/12/2009 - 07:58

 

The Inconvenient Truth?

Overpopulation 

 

“The ‘inconvenient truth’ overhanging the UN's Copenhagen conference is not that the climate is warming or cooling, but that humans are overpopulating the world.

A planetary law, such as China's one-child policy, is the only way to reverse the disastrous global birthrate currently, which is one million births every four days.

The world's other species, vegetation, resources, oceans, arable land, water supplies and atmosphere are being destroyed and pushed out of existence as a result of humanity's soaring reproduction rate.

Ironically, China, despite its dirty coal plants, is the world's leader in terms of fashioning policy to combat environmental degradation, thanks to its one-child-only edict.

“The intelligence behind this is the following:

“ -If only one child per female was born as of now, the world's population would drop from its current 6.5 billion to 5.5 billion by 2050, according to a study done for scientific academy Vienna Institute of Demography.

“By 2075, there would be 3.43 billion humans on the planet. This would have immediate positive effects on the world's forests, other species, the oceans, atmospheric quality and living standards.

“Doing nothing, by contrast, will result in an unsustainable population of nine billion by 2050. Humans are the only rational animals but have yet to prove it. Medical and other scientific advances have benefited by delivering lower infant mortality rates as well as longevity. Both are welcome, but humankind has not yet recalibrated its behavior to account for the fact that the world can only accommodate so many people, especially if billions get indoor plumbing and cars.

“The fix is simple. It's dramatic. And yet the world's leaders don't even have this on their agenda in Copenhagen. Instead there will be photo ops, posturing, optics, blah-blah-blah about climate science and climate fraud, announcements of giant wind farms, then cap-and-trade subsidies.

“None will work unless a China one-child policy is imposed. Unfortunately, there are powerful opponents. Leaders of the world's big fundamentalist religions preach in favor of procreation and fiercely oppose birth control. And most political leaders in emerging economies perpetuate a disastrous Catch-22: Many children (i. e. sons) stave off hardship in the absence of a social safety net or economic development, which, in turn, prevents protections or development.

“China has proven that birth restriction is smart policy. Its middle class grows, all its citizens have housing, health care, education and food, and the one out of five human beings who live there are not overpopulating the planet.

“For those who balk at the notion that governments should control family sizes, just wait until the growing human population turns twice as much pastureland into desert as is now the case, or when the Amazon is gone, the elephants disappear for good and wars erupt over water, scarce resources and spatial needs.

“The point is that Copenhagen's talking points are beside the point. The only fix is if all countries drastically reduce their populations, clean up their messes and impose mandatory conservation measures.”

Diane Francis (Mother of Two) www.FinancialPost.com, 12-08-09 

 

R.E. McMaster responds


I saw this coming a mile away on the heels of this global warming and carbon footprint farce being held in Copenhagen.


This is the epitome of government as god.


Back to pagan child sacrifice.


Molek would be pleased.


And euthanasia for the old?


At what age? 72, 75, 78, 80, 82?


“Die with dignity and noble sacrifice for the planet and mankind” would be the rallying cry.


…Sadly, except for committed Christians/Catholics, the effeminate wimpy establishment religious crowd will whine and simply roll over on this one, too.


But you know who this really offends, who this is a direct war against?


The Muslims, who comprise the fastest growing population in the world with the highest birth rates.


…This one-child-per-family idea, if it becomes global public policy, will guarantee a Islamic jihad against the Copenhagen government coalition, and that means a global jihad, Islam vs. everyone else.


…Come to think of it, isn’t that pretty close to what we have already?


…There are at core only two parts of the economic equation: land and labor.


With stifling omnipresent government regulations and people nearly all herded into cities (historically slave centers), coupled with comprehensive high tech monitoring and a amoral technologically armed military and disarmed population, control of people/labor today is a given.


This is already a “Prison Planet”. (Slaves in the Old South and under Pharaoh in Egypt were only taxed 10%-20%.)

People live with the illusion of freedom, like a gold fish does swimming around a bowl with the Powers That Be watching.


So, the “Climategate” scam is the next piece of the great land grab heist by governments to control it all, both pieces of the economic equation, both land and labor
.


Then, the governing elite, these human gods, can begin to whittle away at the “dandruff on the scalp of Mother Earth”, “we the people”, in a “Just Say No” to children policy.


This is the religion of the Gaia, Mother Earth, environmentalists’ crowd. Government is, after all, always the enactment of someone’s religious ideas into laws that specify the rules of human action/interaction – economics.


…China was the camel’s nose under the tent. China as the next great world empire, with its one-child-per-family policy, will increasingly dictate global policy.


...Why isn’t militant Islam waging a jihad against China?


…If Copenhagen was consistent to its earth-saving beliefs, it would implement this population control measure to solve the so-called climate crisis; it would also declare Islam to be the primary enemy of “Mother Earth”.


…It all comes down to which philosophical position one holds as ultimate. Either “The earth was made for man” (with good stewardship a priority), or “Man was made for the earth”, …either a primary supernatural or a natural perspective respectively, one or the other, no middle ground.


Man either effectively worships the Creator or the creation. The latter is clearly the global establishment's position.


…Mankind being mankind, human nature being unchanged, history being history, this comprehensive growing global upheaval has the risk of ending in plague (probably human engineered) and a horrific global population reducing war, the “Mother Of All Wars”. …

 

To paraphrase Warren Buffett

Submitted by Roanman on Tue, 12/08/2009 - 13:14

 

 

 

 Local Area Unemployment Statistics 

 

 

 

Random stuff to think about

Submitted by Roanman on Tue, 12/08/2009 - 08:24

 

From the Associated Press

The number of Americans unemployed for 27 weeks or more in the US is over 5.9 million.

The most on record from 1948.

18% more than 90 days ago.

Long-term unemployment 38.3%.

Americans out of work for 14 weeks or less is 6.3 million, down from 7.1 million in August.

An 11% decline.

 

I've taken the occasional Porter Stansberry newsletter over the years, and have found the writing and the research to be good, the investment ideas, meh.

Porter says,

"Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt."

Porter's analysis?  They're gonna print it.

 

From Monty Guild, Guild Investments

Facts Evaporate Myths 

 

Myth 1. China is dependent upon exports to the U.S.

Of total Chinese exports, 38 percent go to emerging markets, 21 percent to the European Union, 18 percent to the U.S. and 8 percent to Japan.

Additionally, exports have fallen to about 14 percent of China’s GDP if you include only the value added in China.

Total exports including those partially manufactured goods brought into China from other countries (and which have value added in China before export), make up about 30 percent of China’s GDP.

The fact is that exports to U.S. make up somewhere between 2.5 percent and 5 percent of China’s total GDP.

Infrastructure and consumer sectors have replaced exports as the main drivers of China’s GDP growth.

 

Myth 2. Very little is manufactured in the U.S. any more.

Merrill Lynch provides us with the following facts ‘…the U.S. is still the largest manufacturer by a long shot, making up 20 percent of the world’s total manufacturing output.

Furthermore, when focusing on the value added (as defined by the World Bank), the U.S. contributes more than double the production of the next largest producer, China.’

 

Myth 3: The U.S. does not export much except software and weapons.

Fact: The U.S. is the world’s third largest exporter (Germany is number one, and China is number two).

The U.S. exports value added industrial chemicals and supplies, capital goods like production machinery, computer and telecommunications equipment, motor vehicles and parts, and aircraft and aircraft parts.

The U.S. also is the world’s leading exporter of food, feed, and beverages.

Additionally, many billions of dollars in consumer goods, medicines, and media and entertainment products are exported by the U.S. each year.

 

 

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