After decades as net sellers of gold, central banks became net buyers in 2010. A scramble for gold has begun.Leer artículo completo, aquí
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Countries are also acquiring gold in advance of a collapse of the international monetary system. The system has collapsed three times in the past century. Each time, major financial powers came together to write new rules.
This happened at Genoa in 1922, Bretton Woods in 1944, and the Smithsonian Institution in 1971. The international monetary system has a shelf life of about 30 years.
It has been 30 years since the Louvre Accord (an upgrade to the Smithsonian Agreement). This does not mean the system will collapse tomorrow, but no one should be surprised if it does. When the financial powers next convene to reform the system, there will be no appetite for the dollar’s exorbitant privilege.
The Chinese yuan and Russia ruble are not true reserve currencies. The only feasible benchmarks for a new system are the IMF’s world money, called special drawing rights, and gold.
Critics claim there is not enough gold to support the financial system. That’s nonsense. There is always enough gold, it’s just a matter of price.
Based on the M1 money supplies of China, the eurozone, and the US, and with 40pc gold backing, the implied non-deflationary price of gold is $10,000 per ounce.
At that price, a stable gold-backed monetary system could be sustained. When it comes to monetary elites, watch what they do, not what they say.
"La principal virtud de la democracia es que deja obsoleta la revolución"
"La revolución consiste en imponer tu fantasía política a todos los demás"
"Los científicos deberían ir a donde les lleve su ciencia, no sus ideas políticas"
"Pensar suele reducirse a inventar razones para dudar de lo evidente"
"No es una de las dos Españas la que nos hiela el corazón, sino la atroz semejanza entre quienes creen que hay dos"
diumenge, 24 d’abril del 2016
La guerra por el oro ha comenzado
El alarmismo climático y el amordazamiento de la Ciencia independiente
La campaña contra las tabacaleras, desarrollada durante el mandato Clinton-Gore, creó un precedente extralegal: si a suficientes políticos no les gusta un discurso o investigación científica y pueden vincularlo a una empresa o una industria, la empresa o la industria pueden ser perseguidas. A continuación, se pueden hacer leyes ad hoc y aplicarse con carácter retroactivo; el castigo es ilimitado; y los intentos de los afectados para defenderse son considerados delitos adicionales. Esta estrategia es la que sigue ahora la administración Obama respecto a los críticos y escépticos del calentamiento global antropogénico: acusarlos de servir a los "intereses" de las empresas explotadoras de combustibles fósiles y, especialmente, a la industria del petróleo.
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Regresión científica
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Regresión científica
William A. Wilson
Seguir leyendo...At its best, science is a human enterprise with a superhuman aim: the discovery of regularities in the order of nature, and the discerning of the consequences of those regularities. We’ve seen example after example of how the human element of this enterprise harms and damages its progress, through incompetence, fraud, selfishness, prejudice, or the simple combination of an honest oversight or slip with plain bad luck. These failings need not hobble the scientific enterprise broadly conceived, but only if scientists are hyper-aware of and endlessly vigilant about the errors of their colleagues . . . and of themselves. When cultural trends attempt to render science a sort of religion-less clericalism, scientists are apt to forget that they are made of the same crooked timber as the rest of humanity and will necessarily imperil the work that they do. The greatest friends of the Cult of Science are the worst enemies of science’s actual practice.
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Donantes frustrados porque un estudio no halla relación entre fracking y contaminación acuífera retiran sus fondos
Seguir leyendo...The lead researcher in a study that concluded that fracking in Ohio didn’t contaminate groundwater told The Daily Signal that, contrary to her previous remarks, donors to the study did not pull funding because of “specific disappointment” with those results.Amy Townsend-Small, an assistant professor of geology at the University of Cincinnati who conducted the three-year study, did acknowledge that some financial backers “have declined to continue funding past the initial study period.”However, Townsend-Small said in an email Monday to The Daily Signal, those decisions not to donate more might be because the study didn’t establish a relationship between hydraulic fracturing, or fracking, and water contamination in Carroll County and other areas that include the Utica Shale deposit.
The new study looks at how rising temperatures and carbon dioxide along with changes in rainfall and cloud cover might combine to affect how efficiently maize, soybeans, wheat, and rice can use water and grow. It confirms that heat and water stress alone will damage yields; but when carbon dioxide is accounted for, all four crops will use water more efficiently by 2080.Seguir leyendo...
En todo el mundo, los científicos dicen estar observando evidencis del cambio climático con registros de altas temperaturas, el aumento del nivel del mar o el derretimiento de las capas de hielo. Pero a diferencia de estos cambios atribuidos al calentamiento global, una nueva investigación del MIT sobre atmósfera, océanos y clima indica que la Antártida y el Océano Austral estarían experimentando un largo período de enfriamiento. Y el culpable podría ser el agujero de ozono en lugar de los gases de efecto invernadero.
Los datos contradicen las predicciones de los modelos climáticos sobre lluvia
SPIEGEL ON LINE entrevista a Eduardo Zorita
Eduardo Zorita estudia el clima de los milenios pasados. Es un renombrado experto en modelos climáticos y datos climáticos hitóricos. El Dr. Zorita trabaja en el Helmholtz Centre for Materials and Coastal Research en Geesthacht, cerca de Hamburgo. "Los datos contradicen las predicciones de los modelos climáticos sobre lluvia"
Entrevista íntegra (en alemán)
Entrevista traducida al español (Plaza Moyua)
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La 'cocina' de análisis de la NOAA convierte un mes de marzo muy frío en España en normal
Datos de Aemet |
Mapa de la NOAA |
¿Qué ha pasado entre uno y otro mapa? Pues que los 'cocineros' de análisis de la temperatura de la NOAA han 'ajustado' los datos al 'consenso' sobre el 'cambio climático'.
Te lo cuenta Meteorólogos en la Niebla
Lo que Donald Trump aprendió de su abuelo alemán Friedrich Drumpf
Grandpa Trump built his restaurants on land that he did not own. In that time of the Gold Rush in the Klondike, it was the Wild West period. It was wide open, very raw, lots of single men desperately trying to find gold - and prostitutes. And Grandpa Trump's restaurants had liquor, food and access to women. His restaurants had little cubicles off to the sides with heavy curtains - so called private rooms for ladies - which was absolutely understood to mean prostitutes. His establishment was not the exception there, but he certainly did well by that. And after that he went back to Germany and claimed that he was quiet man who avoided bars in his petition to repatriate.Seguir leyendo...
Noticias de mi pueblo
Pitada a Colau y Puigdemont en la Feria de Abril - Noticias Política - e-notícies https://t.co/Rv75ghxWIm #ca— The Catalan Analyst (@CatalanAnalyst) April 24, 2016
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