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ranbotrader
Member since May 2012
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Global Warming Chickenlittleism

- Richard Mills - Ahead of the Herd

Haven't done the math but maybe something better left to the experts. The reason I say this is that I hold concerns that the profile of the oceans is not constant and that it is more complex than melting ice alone. I'd have to put in some time to make a better call but it still appears that the main driver of rising sea levels would have to be the warming of the oceans. By example if 1 cubic metre of water has a temperature increase of 1 degree then it will then have a volume of > 1 cubic metre. This means that ocean water should rise as it has nowhere else to go other than up. The melting ice, some of which sits above sea level would of course compound the problem.

I have no idea of exact correlations between temperature and volume without doing a bit of research. But as I said before this is most likely better left to career scientists who would have a much better handle on giving a sensible answer. I am not of the opinion that scientists are liberal frauds and I also do not subscribe to the propaganda put out to sabotage a work in progress. In all fairness its a bit like when the T-Ford hit the road.....it was a car but needed a century of refinement to improve the concept. Climate science has a way to go and I expect plenty of healthy discussion to occur and of course the trolls sent out to discredit the science so that big corporations which seek to protect their markets are not disrupted. And so the game will play out.

What concerns me about the current price of silver is that it has, even at the current price, tripled in not too long a time frame. Having said that I do read the articles but have to admit that I still have a healthy disrespect for market callers who are often wrong...whilst the big end of town gets out. But for those who are concerned about the printing presses perhaps a long term investment is the way to go. Personally I like to have a few bets going, gold and silver being one asset class.

You know what they say about market tops and lows: nobody announces them. So we are all punting and some have to lose. Hope you can sleep well at night. It is important. Nice talking.

Cheers.

Commented 3755 days ago

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Beginning of the headline :The nature of the recently released report by the Intergovernmental Panel on Climate Change (IPCC) is extremely alarmist. The report warns, with a 95% certainty, that global warming is man-made and that the resulting climate change will lead to: Rising temperatures, drought and increasing desertification Warming of the oceans and rising sea levels Shortages of food Loss of ice sheets & shrinking of glaciers Increasing intensity and size of storms There’s no doubt our climate is changing,... Read More

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