Silver v Gold Standard


QUESTION: Mr. Armstrong; You do not give much credence to the world returning to a gold standard. Didn’t the entire world use the gold standard before?

Thank you for your input

JK

 

ANSWER: The entire world has NEVER been on the gold standard simultaneously. Asia was on a silver standard while the West was on a gold standard. Above is the first coin struck in Hong Kong in 1866 which was the Hong Kong Dollar. The West struck Trade Dollars during the 19th century to pay for goods from Asia and they were silver – never gold. Here is an example of both the British and American trade dollars used in payments particularly with China.

 

It is just not practical that we have a monetary system that is based upon a commodity. The true value of money is the productive-capability of its people. China, Germany, Japan, all rose from economic depression WITHOUT gold. They did it with the productive capacity of the people. The produce whatever and sell it to someone else and then get gold or whatever in return. This theory that you have nothing without gold is just stupid. It would mean that no nation could ever rise no matter how good their people are because they lack a natural source of gold.

The collapse of the Turkish lira is a reflection of the collapse in confidence in the government. The same has taken place in Venezuela. China and Japan rose from the ashes, not because of their possession of commodities, but because they could bring their people to bear and produce various items efficiently and cost-effective. It was the people first that produced the economic recovery and then they bought even gold.

HYPERINFLATION has nothing to do with the quantity of money – that unfolds when the CONFIDENCE in the government collapses. You cross that line from normal inflation all nations experience into the realm of a collapse in the faith and trust of government. This is HOW revolutions even unfold. They have nothing to do with the quantity of money.

Is Nature Preparing for a New Ice Age or a Pole Shift?


There is a very curious connection between lakes and volcanos in the Arctic. I just posted how there are kilotons of CO2 coming out of volcanos. There is a similar thing now showing up in lakes in the Arctic as well. There are about 300 lakes across the tundras of the Arctic. However, a scientist reports that she has never before never seen a lake like this one. The lake looks like it is boiling. It is making a hissing sound and bubbles are rising to the surface like a pot of water which is on the stove. It is actually producing powerful greenhouse gas called methane that Europe is taxing farmers for because their cows produce it. Who should we tax for this one? Methane gas has escaped from the lake bed and the bubbles are as big as a grapefruit.

There has been a rise in volcanic activity under the ice at both the North and South Poles. Nobody knows if this is a prelude to a pole shift or is this simply a foreshadow of climate change and entering into a new ice age. What we do know is that melting ice does not result in rising sea levels, it results in the water evaporates and it comes back as snow which then increases the glaciers once again. The danger is that this entire Global Warming nonsense is ignoring how ice ages are even created!

In fact, The British Daily Mail is reporting that not only was this forecast of Al Gore dead WRONG, the ice cap has actually expanded for the second year in a row covering 1.7million square kilometers MORE than 2 years ago and it is also thicker! In fact, the ice has melted in some areas and is building up in others as if they are gradually starting to move

India & the Emerging Market Crisis


India’s financial markets are in the throes of this Emerging Market crisis. The Mumbai-based Infrastructure Leasing & Financial Services (IL&FS) is an over 30-year-old infrastructure lending giant that claims to have helped develop and finance projects worth $25 billion in Asia’s fastest-growing economy. The company recently defaulted on debt payments because it ran out of cash. This is illustrating what we have been warning about. As interest rates rise and the dollar, the first casualty will be the Emerging Markets (EM). Because interest rates were driven to absurdly low levels in Europe and the USA, those who need yield ran off to the EM field.

Central Banks cannot manage the economies anymore. We live in a porous global economy. The Fed buying back 30-years bonds to lower real estate loan yields was absurd. The false assumption was that only American owned such debt. But the dollar is the reserve currency. That meant that more than 40% of such debt resided outside the USA. Central Banks can no longer manipulate the economy using the demand side economic models. They drove capital rushing into the EM sector desperate for yield – especially state operated pension funds.

This is why we have a serious debt crisis on our hands. The greenback is STILL going to press higher against the rupee. Just look at the pattern. This is NOT an isolated high. We are looking at a significant rally still on the horizon for the dollar.

Australian Camels Invading Cities?


 

Most people never even knew that there were camels in Australia. Actually, they are not native and they never could have swum there. In the gold rush days, they imported camels to be able to work in the deserts. When the gold mining boom ended, they just let them go. There are herds of wild camels and horses in Australia. If you go to the center near Ayers Rock, you can even order a camel steak.  While I have ridden camels in the Middle East, the only time I actually was in a camel race was in the center of Australia out by the Todd Regatta – not professionally of course. I always figured you had to do it once in life just to make sure you are alive.

If you are planning a trip to Downunder, you have to go to the desert to witness the Todd River Regatta. It’s an ancient riverbed that no white man has ever seen water yet. That will never stop the Australians from still having a boat race. They just have boats with no bottom and you hold it up around your waste and you run in the regatta.

With the drought in Australia, the kangaroos began invading the cities. Not the camels are also starting to invade in search of food. When that happens, you know there is a problem with a real drought

Global Warming Forecasts from 1989 “Entire Nations” will be gone by 2000


Believe it or not, back in 1989 the United Nations warned: “entire nations could be wiped off the face of the Earth by rising sea levels if the global warming trend is not reversed by the year 2000.” It really is astonishing how such absurd forecasts were made 20 years ago to start this whole crazy belief in Global Warming and how the threat would be rising sea levels all created by us driving to work. The rhetoric continues relentlessly with every storm now being blamed on Global Warming.

The 2000 Presidential Election came and Al Gore made Global Warming a campaign issue. In August 2000, Gore announced that he had selected Senator Joe Lieberman of Connecticut as his vice presidential running mate. Then in 2007 Al Gore still kept preaching Global Warming and declared we reached a dangerous ­climate “tipping point”, he warned in his 2007 book Assault on Reason.

There have been critics who rarely are ever heard. Yet to this day, the press blames each and every storm on a theory that has never been proven to be even plausible. Nonetheless, they then turn Global Warming into a political weapon against Trump. The headline in the Washington Post: “Yes you can blame President Trump for Hurricane Florence.” So the implication is if Hillary had been president, there would be no more storms, which by the way has never existed even before humans walked the planet.

Nobody is ever held accountable for their forecasts that are NEVER correct!

The Millennial Crisis


There is a serious economic crisis brewing that few seem to be paying attention. According to a new survey from Zillow Group Inc. (ZG – Get Report), approximately 22.5% of millennials ages 24 through 36 are living at home with their moms or both parents, up nine percentage points since 2005  which was 13.5% and the most in any year in the last decade. Between the student loans which cannot be discharged thanks to the Clintons (to get the support of bankers) even after they find that degrees are worthless when 60% of graduates cannot find employment with such a degree and the fact that taxes have escalated to nearly doubling over the last 20 years that is predominantly state and local, the affordability of buying a home has been fading fast. Despite the fact that millennials are eager to enter the real estate market, they’re bearing the brunt of the challenge directly caused by the combination of taxes and nondischargeable student loans.

Sixty-three percent of millennials under 29 cannot afford the cost of homeownership, according to a CoreLogic and RTi Research study. The expense, in fact, is their No. 1 reason for remaining a renter. In their research, they concluded that one-third of millennial renters reported feeling they cannot afford a down payment to buy a home. This is a sad response that is not being taken into consideration by governments. Where home prices have not risen sharply, taxes have. First-time homebuyers face ever-growing challenges to find and buy affordable entry-level homes as the economics of inefficient governments at the state and local levels have refused to reform and raise taxes to meet pension costs they promised themselves. California and Illinois are just two major examples at the top of the list. It is this net affordability factor that has begun to encumber sales of real estate softening prices and turning many millennials into renters rather than home buyers. Then add the rise creep up in interest rates and we have an economic cocktail of taxes that is beginning to kill the real estate market in a slow death drip by drip.

Taxes and the rise in interest rates will further erode affordability and is beginning to slow existing-home sales in some markets already. As this trend continues, home prices and mortgage rates over the next year will likely dampen sales and home price growth. There was another study conducted by Freddie Mac which also found that affordability challenges are contributing to a downtrend in young adult homeownership

IMF Warns Britain not Brussels About Hard Exit – Another Political Forecast


QUESTION: Mr. Armstrong; I have tracked the IMF forecasts alongside yours and it clearly appears that they are mimicking you very closely. However, something strange has taken place, for now, their latest warning it seems to be politically motivated. Lagarde warns that the U.K. economy will contract with a hard Brexit. Is this coming from you or is it political?

All the best

PB

 

ANSWER: Christine Lagard’s forecast or warning is political in nature. Stating that the UK economy would rapidly start to contract in the event of a disruptive exit from the EU next spring with a no-deal Brexit is really just absurd. This is political in nature and this statement itself reveals the political nonsense. Britain is the BIGGEST export market for German cars in Europe. A no deal would by NO MEANS only impact Britain. You would see Germany turn down hard as well.

A BREXIT would allow the UK to cut its own trade deal with the USA and everyone else outside of Europe. As it stands now, whatever Britain wants is subject to vote in Europe and the French have a tendency to veto whatever Britain wants anyhow. All the evidence point to exactly the opposite of Lagarde’s warning. Whatever loss in trade with Europe that takes place will be more than offset with trade around the world. Britain has been in declining economic growth ever since it joined the EU. This entire issue of a hard BREXIT is taking place because Theresa May does not want to leave the EU personally and has sabotaged the entire effort placing the politics of Britain at risk as a whole by dividing the Conservatives, to begin with. Brussels is more interested in PUNISHING Britain as an example to prevent others from leaving because the Euro is their only power and if that goes, there go all the pensions for those in Brussels. This is NOT about what is good for even the German car manufacturers. This is now about protecting EU political jobs, not the people or the economy.

Global Temperatures Changes, Man Made or Not?


August, 2018 Report

We have been schooled over the past 40 years that Carbon Dioxide (CO2) is rising to levels never seen before on this planet and as a result the world’s average temperature is rising to levels that will, if nothing else, destroy large areas of the planet. The latest UN predictions indicate a major Catastrophe will happen by 2040 unless we do something drastic right now. This destruction will be from two factors; one, ocean levels raising and flooding all worlds coastal areas forcing the world population to higher ground; and two, even if those moves are accomplished the increased temperatures will bring massive storms that will ravage the areas not flooded. The only solution to prevent this from happening is, stop using carbon based fuels; petroleum, natural gas, and coal which, all, generate large amount of water and carbon dioxide and replacing them with wind or solar energy.

These dire projections are based on the belief that CO2 is the “primary” driver of global temperature changes; i.e. more CO2 in the atmosphere is very bad. This view is severally distorted and more likely entirely false.  One can argue the reasons for these lies but it really doesn’t matter whether they are innocent or malicious in their construct; either way promoting something that is tearing up the worlds civilizations by misallocation of resources is very misguided.

Basic facts:

  • The planets global temperature is directly related to the energy arriving here from our sun
  • That energy manifests itself in a form which we call temperature
  • Temperature is a measure of the amount of heat (energy) that an object holds
  • The planets temperature is directly related to the amount of water in the atmosphere
  • Without water in the atmosphere the earth would be 330 Celsius colder and frozen solid
  • Carbon Dioxide (CO2) is a requirement for life to exist on this planet
  • More Carbon Dioxide (CO2) is better as planets grow faster, less Carbon Dioxide (CO2) is bad
  • Carbon Dioxide (CO2) only indirectly affects temperature probably less than 5% that of water
  • Climate is a measure of the average of all the factors that produce a stable environment
  • Weather is a measure of local factors that may make large changes in daily or seasonal conditions
  • The planets temperature in geological times ranged from170 Celsius +/- 60 Celsius
  • 12,000 or so years ago the last ice age ended for no reason we can determine

The first thing that needs to be done when developing a theory is to identify and define the issue or problem. The issue was that after WW II there was a large buildup of industry required to rebuild the devastated planet and that rapid uncontrolled growth created real environmental problems. Much good resulted from the original environmental emphasis such as the creation of the Environmental Protection Agency, EPA, however, others in the 90’s saw a way to gain power and wealth by exaggerating aspects of the movement. During the 80’s and the 90’s global temperatures were going up so these people saw a way to increase the size and scope of government to their advantage with a carbon tax.  They picked increased levels of CO2 in the atmosphere as the strawman argument and funneled large amounts of research money into universities to study how bad the increases were.

Unfortunately, federal grant money is “directed” money so it was given to find out how bad the issue was, not to find out if it was even bad or even real. Therein was the problem as this is a very complex math and physics study in a subject that had not been previously studied in detail such that 30 years later the key variables and relationship are still not known with specify. The mistake that was made in the attempt to quantify the apparent increase in global temperatures was that increased CO2 in the planet’s atmosphere was that CO2 was the ONLY REASON the global temperatures were increasing.  Unfortunately this assumption was not true as there had been several warm and cold periods in history going back thousands of years. The previous little ice age in the seventeenth century was one of these and the warming we now have, about 10 Celsius, is partly from the northern hemisphere still coming out from that cold period.

Next we’ll review some important information on temperatures and how it’s measured. We need to understand the details before we can draw conclusions. The problem, intentional or not, goes back to physics and how we show information. It’s critical that when we talk to nonscientists that information is properly displayed. And nowhere is this more important than when we are discussing global temperature in relationship to anthropogenic climate change.

When we talk about climate (long term changes; centuries) or weather (short term changes; decades) local temperatures are going be in Celsius (C) in the EU and science, or degrees Fahrenheit (F) in America. The base temperature for the earth that NASA established is 14.00 C or 57.20 F; but these are both relative measures and do not tell us how much heat (thermal energy) is there. To know that we must use Kelvin (K) or Rankin (R) and that would be 287.150 K and 516.870 R all four of those numbers 14.00 C, 287.150 K 57.20 F, and 516.870 R are exactly the same temperature, just using a different base. But if the current temperature went from 14.00 C, to 14.860 C that is a 6.14% increase in C, an increase of 2.71% in F and an increase of .30% in K and R; so which one is real? The answer is .30% because Kelvin and Rankin are the only ones that measure the total increase in energy! Table One shows these relationships that we just discussed.

The next step is to plot Carbon Diode (CO2) from NOAA-ESRL and the estimated global temperature as published by NASS-GISS each month.  As can be seen in Table One It doesn’t really matter whether we would use Kelvin and Rankin since the increase in thermal energy is exactly the same either way; but we’ll use Kelvin as that is the accepted norm in the scientific community for determining the amount thermal energy in any object especially when looking at changes in temperature or measuring the thermal energy in any object.  There are other less known temperature scales that have specific purposes but they don’t really apply here in this subject.

The important thing is how much has the temperature actually gone up since we started to measure CO2 in the atmosphere? To show this graphically Chart 8 was constructed by plotting CO2 as a percent increase from when it was first measured in 1958, the Black plot, the scale is on the left and it shows CO2 going up about 30.0% from 1958 to May of 2018. That is a very large change as anyone would have to agree.  Now how about temperature, well when we look at the percentage change in temperature from 1958, using Kelvin, we find that the changes in global temperature are almost un-measurable. The scale on the right side had to be expanded 5 times (the range is 20 % on the left and 4% on the right) to be able to see the plot in the same chart in any detail. The red plot, starting in 1958, shows that the thermal energy in the earth’s atmosphere increased by .30%; while CO2 has increased by 30.0% which is 100 times that of the increase in temperature. So is there really a meaningful link between them that would give as a major problem?

Chart 8 and all the rest of what is shown here in this paper are based on the following two data series. First NASA-GISS estimates of a global temperature shown as an anomaly (converted to degrees Celsius) as shown in their table Land Ocean Temperature Index (LOTI) and shown in Chart 1 as the red plot labeled NASA the scale for the temperatures is on the left. The NASA LOTI temperatures are shown as a 12 month moving average because of the very large monthly variations. Second NOAA-ESRL CO2 values in Parts per Million (PPM) which are shown in Chart 1 as a black plot labeled NOAA the scale for CO2 is shown on the right no change is required to the NOAA data set it is ready to use as is.

NASA published data is shown as an anomaly, but what is a temperature anomaly?  An anomaly is a deviation from some base value normally an average that is fixed. There were two problems with the system that NASA picked which were number one there is no “actual” global temperature and two since climate is a variable and always has been so there cannot be a real base to measure from. NASA known for its science and engineering expertise back in the day thought it could get around these issues and created a system to do so. First they developed a computer model which took the readings from all over the planet and made adjustments to them in software which they called homogenization and came up with the estimated global temperature. Second they picked the period 1950 to 1980 (30 years) and averaged the values found in that period and came up with 14.00 degrees Celsius and make that their base.  Lastly they took the calculated monthly temperature and subtracted the base from it which gave them the anomaly and multiplied the result by 100.

The problem is that both are arbitrary. Why pick 1950 to 1980 as the base period? Is there something special about that time frame? And as to a global temperature there is no such thing for many reasons like the earth faces the sun so one side is cool and onside it warm. Higher latitudes are cooler than the equator and higher elevations are cooler than lower. And finally there are many areas where there are no measurements taken. Therefore there is no one temperature only an artificial artifact solely dependent on the soundness of the software used to create that one temperature!

Chart 1 below is 100% accurate and based only on NASA and NOAA data as published.

Now that we have a base to work with we are going to add to Chart 1 three things. The first is a trend line of the growth in CO2 since that is according to the government through NASA and NOAA the entire basis for climate change. That plot is superimposed over the black plot of the actual NOAA CO2 values as the cyan line labeled as the CO2 model and one can see there is a very good fit to the actual NOAA values so there should be no dispute about its validity, and it’s historically accurate.  This plot allows us to make projections to future global temperatures according to the projected level of CO2The second added item is James E. Hansen’s 1988 Scenario B data, which is the very core of the IPCC Global Climate models (GCM’s) and which was based on a CO2 sensitivity value of 3.0O Celsius per doubling of CO2. This plot is shown here in lavender and is from a presentation that Hansen showed congress in 1988 to help support the UN in setting up the International Panel on Climate Change (IPCC). This plot is labeled as Hansen Scenario B which Hansen stated was the most likely to happen based on his 1979 climate theories’.  The third item is the current plot of the most likely temperature of the planet based on the growth of CO2 published by the IPCC. This plot is shown in Red and is labeled as IPCC AR5 A2 as that is the table where the data was found. This plot is a GCM computer projection of the planets temperature based on the complex relationships developed by the IPCC primarily though NASA and NOAA.

It can be seen in Chart 2 that the lavender plot and the Hansen plot are very close from 1965 to around 2000. However there isn’t a good correlation between the growth in CO2 and the increase in the planets temperature, as shown in Chart 8. The CO2 is going up in a log function and the temperature was going up until 2000 then it plateaued from 2000 until 2014 where there was a mysterious spike up of .5 degrees Celsius just in time for COP21 in Paris. Then after CP21 was over the unexplained change in temperature started to come back down. The climate doesn’t make changes like what the NSA/NOAA data shows that would be weather if it even was real.

Chart 7 looks at the period from 2010 to 2020 so we can see where a change in CO2 of only a few ppm has caused a major change in the global temperature way beyond anything previously shown in any published NASA data. There are three ovals on Chart 7 one at the top of Chart 7 which is a black oval around the CO2 levels from 2010 to 2018 and it’s very obvious that there has been very little change, maybe 3 ppm a year Then at the bottom of Chart 7 is dark red oval around the NASA global temperature levels from 2013 to 2018 and its very obvious that there has been a sudden large change, almost .50 degrees Celsius in 3 years. There has never been such a large increase in temperature from such a small increase in CO2. By contrast the previous comparable period of the last part of 2010 through 2013 Blue oval shows about the same increase per year for CO2 but global temperature decreased.

An explanation is needed here as the NASA temperature plot in Chart 7 seems to show the jump in temperature in 2016 not 2015; this is a result of the very large jump in temperature shown by NASA. Since we are using a 12 month moving average and the increase occurred in only a few months it actually shifted the curve into 2016. The raw data for December 2012 was at a low of 14.44 degrees Celsius but by February 2016 the temperature was at a record high of 15.35 degrees Celsius a .91 degree Celsius increase, Red arrow. With the global temperature over 15.0 Celsius at COP21 in December 2015 at the Paris COP21 conference the climate accord was approved and the manipulation was a success. After COP21 the Fake Warming was no longer needed so we are now seeing a downward trend developing. The current temperature for June 2018 is 14.88 degrees Celsius.

In summary, the IPCC models were designed before a true picture of the world’s climate was understood. During the 1980’s and 1990’s CO2 levels were going up and the world temperature was also going up so there appeared to be correlation and causation. The mistake that was made was looking at only a ~20 year period when the real variations in climate  move in much longer cycles of centuries which can be observed in the NASA data but they were ignored for some reason.  By ignoring those actual geological trends and focusing only on CO2 the Global Climate Models will be unable to correctly plot global temperatures until they are fixed. Also the temperature data from 1850 to 1880 was dropped for some reason as it showed a lower temperature than would be expected. The lower temperatures’ in that period would have shown a shorter cycle they didn’t want shown.

A decade ago when I started looking at “climate” change the first thing I did was look at geological temperature changes since it is well known that the climate is not a constant; I learned that 53 years ago in my undergrad geology and climatology courses in 1964. The next paragraph explains currently observed patterns in climate related to this subject and is historical accurate.

Ignoring the last Ice Age which ended some 11,000 years ago when a good portion of the Northern hemisphere was under miles of ice the following observations give a starting point to any serious study on the subject of climate. First, there is a clear movement up and down in global temperatures with a 1,000 some year cycle going back at least 3,000 to 4,000 years; probably because of the apsidal precession of the earth’s orbit of about 20,000 years for a complete cycle. About every 10,000 years the seasons are reversed making the winter colder and the summer warmer in the northern hemisphere. 10,000 years from now the seasons will be reversed again. Secondly, there are also 60 to 70 year cycles in the Pacific and the Atlantic oceans that are well documented. These are known as the Atlantic Multi Decadal Oscillations (AMO) in the Atlantic and as La Nina and El Nino in the Pacific. Thirdly, we also know that there are greenhouse gases such as carbon dioxide that can affect global temperatures. Lastly the National Academy of Sciences (NAS) estimated that carbon dioxide had a doubling rate of 3.0O Celsius plus or minus 1.5O Celsius in 1979 when there were only two studies available and one for sure and maybe both were not peer reviewed.

The result of looking objectively at the three possible sources of global temperature changes was a series of equations based on these observations that when added together produced a sinusoidal curve that seemed to follow NASA published temperatures very closely when first developed in 2007, and modified a few years later when it was found the short and long cycles were related to multiples of Pi.  Since this curve was based on observed temperature patterns it was called a Pattern Climate Model (PCM) which has been described in previous papers and posts on my blog and since it is generated by “equations” many assume it is some form of least squares curve fitting, which it is not. It does seem to be related to ocean currents where the bulk of the planet’s surface heat is stored and cloud formation.

Chart 5 shows the PCM a composite of two cycles and CO2. There is a long trend, 1036.7 years with an up and down of 1.65O Celsius (.00396O C per year) we in the up portion of that trend. Then  there is a 69.1 year cycle that moves the trend line up and then down a total of 0.29O Celsius and we are now in the downward portion of that trend (-.01491O C per year), which will continue until around ~2035. Lastly, there is CO2 currently adding about .0079O Celsius per year so together they all basically wash out at -.0039O C per year, which matches the current holding pattern we were experiencing until 2014. After about 2035 the short cycle will have bottomed and turn up and all three will be on the upswing again duplicating what was observed in the 1980’s.  Note: the values shown here are only representative from what is in the model.

When using a 12 month running average for global temperatures up until 2014 the PCM model was within +/- .01 degrees of what NASA was publishing in their LOTI table since the early 1960’s as shown in Chart 5. Further the back projection of the PCM plot matched historical records and global temperatures going back past the time of Christ. It should also be considered that geologically CO2 levels have reached levels many times that of the current 400 ppm without destroying the planet so the current hysteria over the current very small numbers can only be explained by political science not real science.

Lastly, Chart 9 shows what a plot of the PCM model, in yellow, would look like from the year 1400 to the year 2900. This plot matches reasonably well with recorded history and fits the current NASA-GISS table LOTI data, in red, very closely, despite homogenization.  I do understand that this PCM model is not based on physics but it is also not some statistical curve fitting. It’s based on two observed reoccurring patterns in the climate and a factor for CO2. These patterns can be modeled and when they are, you get a plot that works better than any of the IPCC’s GCM’s. If the real conditions that create these patterns do not change and CO2 continues to increase to 800 ppm or even 1000 ppm then this model will work well into the foreseeable future.  150 years from now global temperatures will peak at around 15.750 to 16.000 C and then they will be on the downside of the long cycle for the next ~500 years.

The overall effect of CO2 reaching levels of 1000 ppm or even higher will be about 1.50 C which is about the same as that of the long cycle.  The Green plot on Chart 9 shows the observed pattern with no change in CO2 from the pre-industrial era of ~280 ppm. CO2 cannot affect global temperatures more than 1.500 C +/- no matter what the ppm level of CO2 is. The reason being that the CO2 sensitivity value is not 3.00 per doubling of CO2 but less than 1.00 C per doubling of CO2 as shown in more current scientific work and it’s a logistics curve not a log curve.

The purpose of this post is to make people aware of the errors inherent in the IPCC models so that they can be corrected. 

The Obama administration’s “need” for a binding UN climate treaty with mandated CO2 reductions in Europe and America was achieved as predicted at the COP12 conference in Paris in December 2015. To support this endeavor NASA was forced to show ever increasing global temperatures that will make less and less sense based on observations and satellite data which will all be dismissed or ignored.  Within a few years the manipulation will be obvious even to those without knowledge in the subject, but by then it will be to late the damage to the reputation of science will have been done. Fortunately President Trump pulled us out of the bad agreement.

In closing keep this in mind. The current panic generated by the government using political science is that the current global temperature of around 15.0O Celsius is an increase of 7.14% from the 1960’s when the global temperature was 14.0O Celsius; and that does seem like a lot. However those views would be in error as the actual increase in thermal energy, as measured by temperature, would be only .35% because we must use Kelvin not Celsius when working with heat energy. When we use kelvin the temperature goes from 287.15O K to 288.15O K which is only .35% not 7.14% about 1/20 of what is implied by the IPCC. What the IPCC shows is not technically wrong as much as it is extremely misleading to anyone without a science background.

 

Sir Karl Raimund Popper (28 July 1902 – 17 September 1994) was an Austrian and British philosopher and a professor at the London School of Economics. He is considered one of the most influential philosophers for science of the 20th century, and he also wrote extensively on social and political philosophy. The following quotes of his apply to this subject.

If we are uncritical we shall always find what we want: we shall look for, and find, confirmations, and we shall look away from, and not see, whatever might be dangerous to our pet theories.

Whenever a theory appears to you as the only possible one, take this as a sign that you have neither understood the theory nor the problem which it was intended to solve.

… (S)cience is one of the very few human activities — perhaps the only one — in which errors are systematically criticized and fairly often, in time, corrected.

 

September Breaks all Records for Snow Fall Because Obviously Canadians Don’t Pay Enough in Global Warming Taxes to Make a Difference


COMMENT #1: Mr. Armstrong; I met you here in Edmonton years ago. I think you are the only analyst to have ever bothered to come up this far. I still read you as to many here. I just wanted to tell you that the snow is early and in Alberta, it looks like we will have crop failures because of it. I suppose it’s time to start moving south. Just have to convince the wife. The kids are out the door.

HK

COMMENT #2: Marty; you have a lot of readers here in Alberta. It has begun to snow here already and it has broken all records. I suppose Justin Trudeau will say it because the global warming tax is not high enough. That’s my bet for the excuse how taxes do not change anything.

All the best

JR

REPLY: Well you have a point. When the medieval doctors would bleed you to get the disease out and you died, the excuse was always they were too late to bleed you, never that they took too much blood. Obviously, this is all your fault. You are just not paying enough in global warming taxes and you insist on heating your home and driving to work. How dare you! So, what do you expect? You are responsible for changing millions of years of weather if not billions. The answer is obvious. You should stop working, live by candlelight, and kill a bunch of animals to stay warm – lol.

Yes, it was snowing late into June and now you are breaking historical records for snow in September. I am not a fan of the cold. I will pay for Global Warming thank you. Trudeau wants to just tax you to pay for his pension for the money does not go to anything really for the environment