Monday, March 28, 2016
Advances in skin care.
Dr Oz claims that a combination of two creams (one containing Vitamin C and the other Hyaluronic acid) helps rejuvenate skin. The recommended treatment removes about 10-20 years from the age of the recipient.
Saturday, March 26, 2016
Idiot of the day award.
Obama: ‘There’s Little Difference Between Communism and Capitalism’
"Just choose from what works"
There are reports that this saying was controversial. Don't know why it should be. Idiots say idiotic things.
Thursday, March 24, 2016
Re-emergence of new nuclear technology.
The following article referenced contains info on nuclear power plants that have the following characteristics:
1. they use a tech that renders them safe;
2. they are very efficient. p.e. one of them (LFTR) can use up almost all of the fuel;
3. they produce very little waste.
Here is a reference to the article:
http://www.world-nuclear.org/information-library/current-and-future-generation/molten-salt-reactors.aspx
1. they use a tech that renders them safe;
2. they are very efficient. p.e. one of them (LFTR) can use up almost all of the fuel;
3. they produce very little waste.
Here is a reference to the article:
http://www.world-nuclear.org/information-library/current-and-future-generation/molten-salt-reactors.aspx
Wednesday, March 23, 2016
progress in immunology.
Inovio Pharmaceuticals had announced yesterday that its dMAB was successful in providing 100% protection against a lethal dose of chicungunya virus. This is particularly important, because the vaccine used consisted of pure DNA that codes for the protein coat of the chicungunya AND A DNA sequence that codes for the antibody against the chicungunya viral coat protein. The DNA that codes for the antibody caused antibody to show up in two days, while the DNA that coded for the viral protein coat caused the antibodies to show up in two weeks.
The dMAB technology (injectuion of DNA that codes for a Monoclonal antibody) was thus validated. The Company has about 30 different dMABS against infections and cancers.
The dMAB technology (injectuion of DNA that codes for a Monoclonal antibody) was thus validated. The Company has about 30 different dMABS against infections and cancers.
Friday, March 18, 2016
X-raying the US economy.
I have been lucky enough to find references to various aspects of the US economy currently. I shall write conclusions down along with important data.
I. The Stock Market.
All the underpinnings of the Stock Market are straining. Let's check these.
a) Margin debt.
Margin debt is at record high. Note that in 2000 and 2007 there were sharp increases in the margin debt before a Market crash. We may be at the beginning of the sharp increase that preceds the crash. The FED is trapped. Increasing the interest rate would precipitate a Market crash. That is why the FED backed down and announced a slowing or halt to raising interest rates. The announcement of the increase did drop the market.
b) Participation rate.
The number of shares traded is decreasing while the Index is increasing.
c) Price to Earnings ratio is getting too high.
The 'normal' ratio of the P/E is 16, but the current ratio is 27. Even this ratio is suspicious. Why? Because companies borrowed money and bought back stock so the earnings per share would look higher (fewer shares). This is another reason the FED is trapped into ZIRP. If the interest rate is hiked seriously, it would create havoc with the companies that borrowed cheap money to reduce the number of their shares. Higher interest rates would increase their cost of paying for their debt which would reduce their earnings, thus increase their P/E and reduce share price.
II. The Housing Market.
Several factors impact the Housing Market. Homeownership has fallen because housing prices have been driven up and fewer people can afford them. The reason housing prices went up is because some big investors have bought up the houses. Mortgage rates are very low, so big investors can speculate in buying up houses. This is another trap for the FED. If interest rates were raised, it would force big investors to unload their property and create another housing bust.
III. Wealth transfer to safer investment.
An aging population (baby boomers) is retiring at a rate of 10,000/day.They must have safe investments to have income and must reduce spending. This feeds back negatively on the economy as a whole.
IV. Silent wealth confiscation.
The US Dollar has increased in value because (as Larry elucidated for us) it is a mistaken belief that the Dollar is safe. However, over the longer term, the Dollar lost value.
The graph predicts a 30% loss in the value of the Dollar.
V. The dwindling velocity of money.
Money velocity is defined as nominal GDP/money supply.
This can be illustrated by a hypothetical example. Say that I spend five Dollars and buy a hotdog in some unit time (like a day?). The hot dog vendor then buys a package of hot dog buns from the baker and the baker goes next door and buys a coffee. In this instance, the $5 turns over 3 times, so the money velocity is 3. Suppose the bakes does not sell enough product and decides to forego the coffee. The money velocity is now only 2. Our economy is becoming stagnant. It does little good to add more money to the banks, it will not increase the turnover of money.
VI. Unemployment.
The official unemployment is 5.6%. This figure is reached by ignoring those who have been without job for a long time and are no longer eligible for unemployment. Here is a graph of unemployment.
VII.Debt.
Public and private debt can inhibit economic growth. Of this the public debt is especially toxic. US debt has skyrocketed in recent years and continues to do so.
This is another trap for the FED. The interest on the debt is tolerable now because interest rates are low but if the FED raises the rates, the interest will start mounting. Up till recently, Treasuries were bought by foreign governments and private individuals. But, with low interest, governments are dumping Treasuries so now the FED buys 71% of new debt. Also, foreign governments are beginning to dump their Treasuries. To entice them to buy more, the FED will have to raise interest rates,. But remember, the FED faces all kinds of pressure to keep interests low. This is an insoluble dilemma.
In these circumstances, buying gold and silver is the best method to preserve wealth. Gold miners and silver miners have been a good investment this year. The FED's latest action renewed the Bull Market and put a stop to the increase in gold prices. Some even believe that gold will now drop. If gold can hold above 1,250, the Gold Bull Market will continue. Good luck.
I. The Stock Market.
All the underpinnings of the Stock Market are straining. Let's check these.
a) Margin debt.
Margin debt is at record high. Note that in 2000 and 2007 there were sharp increases in the margin debt before a Market crash. We may be at the beginning of the sharp increase that preceds the crash. The FED is trapped. Increasing the interest rate would precipitate a Market crash. That is why the FED backed down and announced a slowing or halt to raising interest rates. The announcement of the increase did drop the market.
b) Participation rate.
The number of shares traded is decreasing while the Index is increasing.
c) Price to Earnings ratio is getting too high.
The 'normal' ratio of the P/E is 16, but the current ratio is 27. Even this ratio is suspicious. Why? Because companies borrowed money and bought back stock so the earnings per share would look higher (fewer shares). This is another reason the FED is trapped into ZIRP. If the interest rate is hiked seriously, it would create havoc with the companies that borrowed cheap money to reduce the number of their shares. Higher interest rates would increase their cost of paying for their debt which would reduce their earnings, thus increase their P/E and reduce share price.
II. The Housing Market.
Several factors impact the Housing Market. Homeownership has fallen because housing prices have been driven up and fewer people can afford them. The reason housing prices went up is because some big investors have bought up the houses. Mortgage rates are very low, so big investors can speculate in buying up houses. This is another trap for the FED. If interest rates were raised, it would force big investors to unload their property and create another housing bust.
III. Wealth transfer to safer investment.
An aging population (baby boomers) is retiring at a rate of 10,000/day.They must have safe investments to have income and must reduce spending. This feeds back negatively on the economy as a whole.
IV. Silent wealth confiscation.
The US Dollar has increased in value because (as Larry elucidated for us) it is a mistaken belief that the Dollar is safe. However, over the longer term, the Dollar lost value.
The graph predicts a 30% loss in the value of the Dollar.
V. The dwindling velocity of money.
Money velocity is defined as nominal GDP/money supply.
This can be illustrated by a hypothetical example. Say that I spend five Dollars and buy a hotdog in some unit time (like a day?). The hot dog vendor then buys a package of hot dog buns from the baker and the baker goes next door and buys a coffee. In this instance, the $5 turns over 3 times, so the money velocity is 3. Suppose the bakes does not sell enough product and decides to forego the coffee. The money velocity is now only 2. Our economy is becoming stagnant. It does little good to add more money to the banks, it will not increase the turnover of money.
VI. Unemployment.
The official unemployment is 5.6%. This figure is reached by ignoring those who have been without job for a long time and are no longer eligible for unemployment. Here is a graph of unemployment.
VII.Debt.
Public and private debt can inhibit economic growth. Of this the public debt is especially toxic. US debt has skyrocketed in recent years and continues to do so.
This is another trap for the FED. The interest on the debt is tolerable now because interest rates are low but if the FED raises the rates, the interest will start mounting. Up till recently, Treasuries were bought by foreign governments and private individuals. But, with low interest, governments are dumping Treasuries so now the FED buys 71% of new debt. Also, foreign governments are beginning to dump their Treasuries. To entice them to buy more, the FED will have to raise interest rates,. But remember, the FED faces all kinds of pressure to keep interests low. This is an insoluble dilemma.
In these circumstances, buying gold and silver is the best method to preserve wealth. Gold miners and silver miners have been a good investment this year. The FED's latest action renewed the Bull Market and put a stop to the increase in gold prices. Some even believe that gold will now drop. If gold can hold above 1,250, the Gold Bull Market will continue. Good luck.
Tuesday, March 15, 2016
The source of our economic malaise.
To be sure, we have trade agreements that destroy jobs at home and allow China to cheat. That is not all though. At one time, the FED (and European Central Banks) could stimulate their economies by lowering interest rates, But those days are gone. Now with ZIRP (zero Interest Rates) and NIRP (negative Interest Rates) Western and Japanese banks are driving their economies into deflation. Interest is no longer earned on capital depriving millions of secure retirement. ZIRP reduces the value of bonds. So, both ZIRP and NIRP are a way for governments to confiscate money from its citizens.
Due to the fractional credit system a bank is said to be leveraged. This means that the banks have only 5-10% of the reserves needed to pay their depositors. In order to stop bank runs, banks now restrict the amount of money a depositor can withdraw; it is limited to E2,000-E4,000/month. This means that your money loses 2-4 percent/year while you get no interest or might even have to .have money on deposit.
Unfortunately, that is not the end of the ways the govts can rob you. If a bank fails, the govt can require depositors to"bail in" which means rescue the bank by buying government bonds. As the money loses value, the government bonds decrease in value. That fuels deflation. Banks then print money.
Due to the fractional credit system a bank is said to be leveraged. This means that the banks have only 5-10% of the reserves needed to pay their depositors. In order to stop bank runs, banks now restrict the amount of money a depositor can withdraw; it is limited to E2,000-E4,000/month. This means that your money loses 2-4 percent/year while you get no interest or might even have to .have money on deposit.
Unfortunately, that is not the end of the ways the govts can rob you. If a bank fails, the govt can require depositors to"bail in" which means rescue the bank by buying government bonds. As the money loses value, the government bonds decrease in value. That fuels deflation. Banks then print money.
Pat Buchanan decries cowardly GOP response.
Friday evening’s Donald Trump rally in Chicago was broken up by a foul-mouthed mob that infiltrated the hall and forced the cancellation of the event to prevent violence and bloodshed.
Brownshirt tactics worked. The mob, triumphant, rejoiced.
All three Republican rivals blamed – Donald Trump.
With his “dangerous style of leadership,” Trump stokes this anger, mewed Rubio, “This is what happens when a leading presidential candidate goes around feeding into a narrative of bitterness and anger and frustration.”
Rubio implies that if Trump doesn’t tone down his remarks to pacify the rabble, he will be responsible for the violence visited upon him.
Kasich echoed Rubio: “Donald Trump has created a toxic environment (that) has allowed his supporters and those who sometimes seek confrontation to come together in violence.”
But were the thousands of Trump supporters who came out to cheer him that night really looking for a fight? Or were they exercising their right of peaceful assembly?
Cruz charged Trump with “creating an environment that only encourages this sort of nasty discord,” thus offering absolution to the mob.
Friday night cried out for moral clarity. What we got from Trump’s rivals was moral mush that called to mind JFK’s favorite quote from Dante: The hottest places in hell are reserved for those who in time of moral crisis maintain their neutrality.
As news outlets have reported, Friday’s disruption at the University of Illinois-Chicago auditorium was a preplanned assault.
Behind it were the George Soros-funded MoveOn.org, Black Lives Matter, Occupy Wall Street, Hispanics hoisting Mexican flags and cop-haters carrying filthy signs to show their contempt for police.
People for Bernie, a pro-Sanders outfit, tweeted, “[This] wasn’t just luck. It took organizers from dozens of organizations and thousands of people to pull off. Great work.”
Now, Sanders did not order this assault on the civil rights of Trump supporters. But MoveOn.org has endorsed him, and “Bernie” signs and T-shirts were everywhere among the disrupters. Hence, he has a duty to disavow this conduct and those who engaged in it.
If Sanders refuses, he condones it, and is morally complicit.
Can one imagine how the media would pile on Trump if working-class white males in Trump T-shirts invaded a Hillary Clinton rally and shut it down?
Can one imagine how the networks and cable TV channels that host town halls with the candidates would react if hell-raisers sneaked into their audiences and shouted obscenities during discussions?
The keening over the First Amendment would not cease for weeks.
Some of us have been here before and know how this ends.
When the urban riots broke out in the ’60s, Hubert Humphrey declared that, if he lived in a ghetto, “I could lead a pretty good riot myself.”
At his 1968 convention in Chicago, radicals baited and provoked the cops in the front of the Conrad Hilton, and as this writer watched, their patience exhausted after days of abuse, Chicago’s finest tore into the mob and delivered some street justice.
“Richard Nixon,” wrote Hunter S. Thompson, “is living in the White House today because of what happened that night in Chicago.”
Hunter got that one right.
That fall, Humphrey was daily assailed by the kinds of haters now disrupting Trump rallies. Everywhere he went, they chanted, “Dump the Hump!” At times, Humphrey came close to tears.
That fall, Humphrey realized the monster he helped nurture.
My tormentors, he said, are “not just hecklers, but highly disciplined, well-organized agitators … some of them are anarchists, and some of these groups are destroying the Democratic Party and destroying this country.”
In 1970, when President Nixon sent U.S. troops into Cambodia to clean out Viet Cong sanctuaries, and students rioted, Ronald Reagan called them “cowardly fascists,” and declared, “If there’s going to be a bloodbath, let it begin here.”
Not much Cruz-Rubio-Kasich equivocating there.
When radicals stomped down Wall Street desecrating Old Glory, construction workers came down from the building sites they were working and whaled on them.
Union president Peter J. Brennan was soon in the Oval Office – and in Nixon’s Cabinet. “Secretary Bunker,” we called him.
Prediction. Given their “victory” in Chicago, MoveOn.org and its allied nasties will try to replicate it, again and again. And as Americans came to despise the ’60s radicals, they will come to despise them.
And, as in the 1960s, the country will take a turn – to the right.
America has changed from the land we grew up in. But she is not yet ready to allow ugly mobs screaming obscenities at Trump and his folks inside and outside that hall in Chicago, or their paragons like socialist Bernie Sanders, to take over the country.
Those raising hell in the street in Chicago and that convention hall are unfit to be citizens of this democratic republic.
For as Edmund Burke reminded us, “Men of intemperate minds can never be free. Their passions forge their fetters.”
Brownshirt tactics worked. The mob, triumphant, rejoiced.
And the reaction of Marco Rubio, Ted Cruz and John Kasich?
With his “dangerous style of leadership,” Trump stokes this anger, mewed Rubio, “This is what happens when a leading presidential candidate goes around feeding into a narrative of bitterness and anger and frustration.”
Rubio implies that if Trump doesn’t tone down his remarks to pacify the rabble, he will be responsible for the violence visited upon him.
Kasich echoed Rubio: “Donald Trump has created a toxic environment (that) has allowed his supporters and those who sometimes seek confrontation to come together in violence.”
But were the thousands of Trump supporters who came out to cheer him that night really looking for a fight? Or were they exercising their right of peaceful assembly?
Cruz charged Trump with “creating an environment that only encourages this sort of nasty discord,” thus offering absolution to the mob.
Friday night cried out for moral clarity. What we got from Trump’s rivals was moral mush that called to mind JFK’s favorite quote from Dante: The hottest places in hell are reserved for those who in time of moral crisis maintain their neutrality.
As news outlets have reported, Friday’s disruption at the University of Illinois-Chicago auditorium was a preplanned assault.
Behind it were the George Soros-funded MoveOn.org, Black Lives Matter, Occupy Wall Street, Hispanics hoisting Mexican flags and cop-haters carrying filthy signs to show their contempt for police.
People for Bernie, a pro-Sanders outfit, tweeted, “[This] wasn’t just luck. It took organizers from dozens of organizations and thousands of people to pull off. Great work.”
Now, Sanders did not order this assault on the civil rights of Trump supporters. But MoveOn.org has endorsed him, and “Bernie” signs and T-shirts were everywhere among the disrupters. Hence, he has a duty to disavow this conduct and those who engaged in it.
If Sanders refuses, he condones it, and is morally complicit.
Can one imagine how the media would pile on Trump if working-class white males in Trump T-shirts invaded a Hillary Clinton rally and shut it down?
Can one imagine how the networks and cable TV channels that host town halls with the candidates would react if hell-raisers sneaked into their audiences and shouted obscenities during discussions?
The keening over the First Amendment would not cease for weeks.
Some of us have been here before and know how this ends.
When the urban riots broke out in the ’60s, Hubert Humphrey declared that, if he lived in a ghetto, “I could lead a pretty good riot myself.”
At his 1968 convention in Chicago, radicals baited and provoked the cops in the front of the Conrad Hilton, and as this writer watched, their patience exhausted after days of abuse, Chicago’s finest tore into the mob and delivered some street justice.
“Richard Nixon,” wrote Hunter S. Thompson, “is living in the White House today because of what happened that night in Chicago.”
Hunter got that one right.
That fall, Humphrey was daily assailed by the kinds of haters now disrupting Trump rallies. Everywhere he went, they chanted, “Dump the Hump!” At times, Humphrey came close to tears.
That fall, Humphrey realized the monster he helped nurture.
My tormentors, he said, are “not just hecklers, but highly disciplined, well-organized agitators … some of them are anarchists, and some of these groups are destroying the Democratic Party and destroying this country.”
In 1970, when President Nixon sent U.S. troops into Cambodia to clean out Viet Cong sanctuaries, and students rioted, Ronald Reagan called them “cowardly fascists,” and declared, “If there’s going to be a bloodbath, let it begin here.”
Not much Cruz-Rubio-Kasich equivocating there.
When radicals stomped down Wall Street desecrating Old Glory, construction workers came down from the building sites they were working and whaled on them.
Union president Peter J. Brennan was soon in the Oval Office – and in Nixon’s Cabinet. “Secretary Bunker,” we called him.
Prediction. Given their “victory” in Chicago, MoveOn.org and its allied nasties will try to replicate it, again and again. And as Americans came to despise the ’60s radicals, they will come to despise them.
And, as in the 1960s, the country will take a turn – to the right.
America has changed from the land we grew up in. But she is not yet ready to allow ugly mobs screaming obscenities at Trump and his folks inside and outside that hall in Chicago, or their paragons like socialist Bernie Sanders, to take over the country.
Those raising hell in the street in Chicago and that convention hall are unfit to be citizens of this democratic republic.
For as Edmund Burke reminded us, “Men of intemperate minds can never be free. Their passions forge their fetters.”
Monday, March 14, 2016
The shifting the blame ploy.
Radical Leftists have a ploy which allows them to shift the blame for their violent ways. Over the years it took various forms. I remember the thugs of Martin Luther King weakening their clothes by cutting them with razor blades so when the police grabbed them it looked like the police tore off their clothes. Nowdays it is the Media that shifts the blame such as in the case of the looter/rioters in Missouri and Baltimore. The blame is shifted to the police for trying to protect property (people's livelihood).
The current Leftist strategy is to blame Donald Trump for the violence of the planned disruptions waged by street thugs, Muslim students, blacks and Latinos (both legal and illegal). The "logic" of the Media is that Trump's followers are to tolerate the attacks on their peaceful exercise of their first Amendment rites and that any resistance to this is to be blamed on Trump and his rhetoric.
The Media has closed ranks over this and even FOX is lending itself to serving the cause of the Leftist troops.
The current Leftist strategy is to blame Donald Trump for the violence of the planned disruptions waged by street thugs, Muslim students, blacks and Latinos (both legal and illegal). The "logic" of the Media is that Trump's followers are to tolerate the attacks on their peaceful exercise of their first Amendment rites and that any resistance to this is to be blamed on Trump and his rhetoric.
The Media has closed ranks over this and even FOX is lending itself to serving the cause of the Leftist troops.
Saturday, March 12, 2016
Ukraine: so, how is its hopey changy thingy working?
Ukraine has made it clear that it wanted nothing to do with Russia. Ukraine's President Poroshenko was proud to report that the Ukraine made it through the Winter without any Russian gas. How did they do it? By buying gas from Western Europe for a cost of 30% higher than the Russian gas. Donald Trump would call that deal stupid.
That's not all the dumb deals the govt of Ukraine has done. By severing ties with Russia the Ukrainian defense and aviation industry has lost 80% of its income. And by severing ties to Russian banking, the Ukraine is losing out on revenues that come from Ukrainian migrant workers sending money home. So, it is not surprising that living standards dropped in the Ukraine by one half. Inflation is 43%. Any more deals like these and the Ukraine risks becoming a failed state.
The economic blunders of dealing with Russia were accompanied by political blunders. Refusing to rent to Russia the base at Sebastopol prompted the Russians to annex the Crimea. And refusing the population of Eastern provinces to retain their Russian culture prompted a civil war and Russian covert support which virtually destroyed Ukrainian heavy industry. Talk is now ripe in the Ukraine (derision intended) to build an armed force to oppose Russia. The Ukraine needs a Trump.
That's not all the dumb deals the govt of Ukraine has done. By severing ties with Russia the Ukrainian defense and aviation industry has lost 80% of its income. And by severing ties to Russian banking, the Ukraine is losing out on revenues that come from Ukrainian migrant workers sending money home. So, it is not surprising that living standards dropped in the Ukraine by one half. Inflation is 43%. Any more deals like these and the Ukraine risks becoming a failed state.
The economic blunders of dealing with Russia were accompanied by political blunders. Refusing to rent to Russia the base at Sebastopol prompted the Russians to annex the Crimea. And refusing the population of Eastern provinces to retain their Russian culture prompted a civil war and Russian covert support which virtually destroyed Ukrainian heavy industry. Talk is now ripe in the Ukraine (derision intended) to build an armed force to oppose Russia. The Ukraine needs a Trump.
Wednesday, March 9, 2016
Rubio: his sun is setting.
The GOP nominating contest is almost over and Trump is securely in command. How do we know this? Well, the Donald was actually quite magnanimous yesterday and he was beginning to call for Party unity. He has turned his eyes on the post election and called for a big effort to retain Congressional majority.
Kasich hopes of winning Michigan had not born fruit but it was Sen Rubio that has come to within a whicker of being out. He was blanked in the delegate hunt yesterday.
Polls show Trump leading in Florida comfortably and even leading in Ohio. If Trump wins both states, it's all over. Ted Cruz is still in the race, but he is an underdog.
On the Dark Side, time is running out for Bernie the Socialist. Yes, he did win Michigan, but Hillary got more delegates.I guess we will be stuck with her shrieking harridan routine during a whole year.
Kasich hopes of winning Michigan had not born fruit but it was Sen Rubio that has come to within a whicker of being out. He was blanked in the delegate hunt yesterday.
Polls show Trump leading in Florida comfortably and even leading in Ohio. If Trump wins both states, it's all over. Ted Cruz is still in the race, but he is an underdog.
On the Dark Side, time is running out for Bernie the Socialist. Yes, he did win Michigan, but Hillary got more delegates.I guess we will be stuck with her shrieking harridan routine during a whole year.
Monday, March 7, 2016
BLS report has a superfluos "L."
Day after the payroll report was a doozie. The Drive-by-Media reported breathlessly that the economy added 242,00 jobs (non farm) and Obama was taking a victory lap. Even the speculation about the FED raising rates has resumed. As usual, looking under the hood of this report shows a different picture.
First, wages and total hours worked had fallen - highly unusual when jobs created go up;
Second, 129,000 of the phantom jobs came from the B(L)S model of "Birth/Death";
Third, the B(L)S added another 100,000 for the "February effect" as the thaw set in.
So, most of the job gains were phantom gains.
HOWEVER, crude oil went up and reached $40/bbl in Europe. Clearly, this will stem further slide in oil field layoffs. Also, gold and silver is taking off per forecasts.
The long and short of it is that the FED will be reluctant to raise rates. That means continued deflation and economic stagnation.
First, wages and total hours worked had fallen - highly unusual when jobs created go up;
Second, 129,000 of the phantom jobs came from the B(L)S model of "Birth/Death";
Third, the B(L)S added another 100,000 for the "February effect" as the thaw set in.
So, most of the job gains were phantom gains.
HOWEVER, crude oil went up and reached $40/bbl in Europe. Clearly, this will stem further slide in oil field layoffs. Also, gold and silver is taking off per forecasts.
The long and short of it is that the FED will be reluctant to raise rates. That means continued deflation and economic stagnation.
How NOAA tries to manufacture global warming.
They have been caught red handed.
Here are the data. The points plotted center and on the right is what NOAA plotted on which they based the "global warming" claims. When all the data are plotted, it becomes clear: temperatures dropped then recovered. No warming trend. Just a desire to cheat.
Here are the data. The points plotted center and on the right is what NOAA plotted on which they based the "global warming" claims. When all the data are plotted, it becomes clear: temperatures dropped then recovered. No warming trend. Just a desire to cheat.
Friday, March 4, 2016
Western powers lose control of the gold price.
Western powers were able to set the gold price by the paper contracts on the COMEX. That is now over. During the artificially maintained bear market in commodities, a lot of contracts and derivatives were used to keep gold prices low. Central banks feasted on the cheap gold and so did the Chinese and the Indians.
Capital is now moving to the East as they trade precious metals for real. No phony paper contracts.
Capital is now moving to the East as they trade precious metals for real. No phony paper contracts.
Thursday, March 3, 2016
Odds on the election.
The saying is: PUT YOUR MONEY WHERE YOUR MOUTH IS.
That is easy in England and Vegas. Bookies give you odds when betting. So, what are the odds? Hillary is quoted as 4/7, Trump as 5/2 and Rubio as 18/1. Kasich does not show too well, either.
Some odds makers put the odds differently: 66% Hillary and 33% Trump.
The British bookies have already paid off bets on the nomination of Trump.
Why is the betting going against Trump?
First, Trump is fighting his way to the nomination by vanquishing enemies.
Second, the GOP Establishment does not want to give up its power.
Do Trump's tactics work for anyone? NO! Rubio has found out the hard way. Trump is liked by his voters not because of his antics, but in spite of them.
Another factor is the resistance of the RINOs and Establishment figures (Note Romney and Sen McCain the Dunce).
Finally, Larry forecasts 4 years of a "roller coaster ride through Hell." I an sorry to say this, but that implies a Hillary win. The US will be run by two felons and their henchmen.
That is easy in England and Vegas. Bookies give you odds when betting. So, what are the odds? Hillary is quoted as 4/7, Trump as 5/2 and Rubio as 18/1. Kasich does not show too well, either.
Some odds makers put the odds differently: 66% Hillary and 33% Trump.
The British bookies have already paid off bets on the nomination of Trump.
Why is the betting going against Trump?
First, Trump is fighting his way to the nomination by vanquishing enemies.
Second, the GOP Establishment does not want to give up its power.
Do Trump's tactics work for anyone? NO! Rubio has found out the hard way. Trump is liked by his voters not because of his antics, but in spite of them.
Another factor is the resistance of the RINOs and Establishment figures (Note Romney and Sen McCain the Dunce).
Finally, Larry forecasts 4 years of a "roller coaster ride through Hell." I an sorry to say this, but that implies a Hillary win. The US will be run by two felons and their henchmen.
Tuesday, March 1, 2016
Have oil prices bottomed?
Light crude shows a bottoming of price. While the Saudis brag they could withstand oil going to $20/bbl, it is not something they can survive for long.
American producers emote that if oil goes to $40/bbl, they are coming back. We will see. It is said that a lot of the drop in oil prices was engineered by short sellers.
Subscribe to:
Posts (Atom)
