|#SubscriberNotes have been updated on the website. Stocks plummeting again. Are bonds still the safe haven play?|
Monday, August 31, 2015
Sunday, August 30, 2015
Thursday, August 27, 2015
|#SubscriberNotes have been updated on the website. Upcoming cycle lows in equities should correspond to a selling opportunity in bonds.|
Wednesday, August 26, 2015
Tuesday, August 25, 2015
Monday, August 24, 2015
Saturday, August 22, 2015
|The utilities would like for you to believe that they can do solar cheaper than you. But, it's not true.
Questioning Solar Energy Economies of Scale, 2014 Edition points out that while installing solar arrays is cheaper in quantity, the cost of delivering that power to consumers eats up all of the cost savings over residential solar. Undoubtedly, the utilities are fighting for their lives with customers defecting from the grid more and more by installing solar+storage on their rooftops and cutting the cord. Utilities want to convince politicians that they know what's best for consumers and make it illegal for individuals to switch to distributed generation of electricity. And, they're going to lie to protect their monopoly.
Yet more reason that consumers should demand government subsidies to help install their own solar panels and batteries to cut the cord with the electric utilities.
|Everybody has their conspiracy theories. Like, for instance, why the government is lowballing the odds of climate change wiping out life on earth.
Last week, the EPA released a report which lowballed the effect methane gas has on Global Warming. According to How The EPA And New York Times Are Getting Methane All Wrong by Joe Romm, the 100-year Global Warming Potential (GWP) of methane is 34, but the government tells us it's just 25, a figure that's 20 years out-of-date. He shows that the EPA knows that figure is out of date and uses it anyway. That means the government is underplaying the potential for methane gas to exacerbate the problems caused by CO2 in warming the planet.
The big question is whether the EPA is protecting the oil and gas industry by lowballing the facts? It certainly looks like it. Put that possibility on the table, along with the fact that Shell has been recently permitted to resume its Arctic Ocean drilling operations and the fact is that the government is not trying to limit the damage from greenhouse gasses—it's trying to protect the big polluters who are likely bribing government bureaucrats.
And, once again, the truth is that the government is not the solution to climate change. It's part of the problem. It will be up to private citizens to act to end climate change, not the public officials who are secretly being enriched by the 1%.
Friday, August 21, 2015
In this just-released report, you'll see new excerpts from our two flagship monthly publications, The Elliott Wave Theorist and The Elliott Wave Financial Forecast. Get valuable insight into the volatility we saw in the markets this week. We think you'll come away better prepared than most investors.
Thursday, August 20, 2015
|#SubscriberNotes have been updated on the website. Gold miners continue to rise as we're early days in a new intermediate term T.|
Wednesday, August 19, 2015
|#SubscriberNotes have been updated on the website. Crazy intraday volatility in equities as the bond market heads for a significant turn.|
Tuesday, August 18, 2015
Monday, August 17, 2015
Saturday, August 15, 2015
|Ramez Naam writes in How Cheap Can Solar Get? Very Cheap Indeed “If current rates of improvement hold, solar will be incredibly cheap by the time it’s a substantial fraction of the world’s electricity supply.” He concludes:
If solar electricity continues its current learning rate, by the time solar capacity triples to 600GW (by 2020 or 2021, as a rough estimate), we should see unsubsidized solar prices of roughly 4.5¢ / kWh for very sunny places (the US southwest, the Middle East, Australia, parts of India, parts of Latin America), ranging up to 6.5¢ / kWh for more moderately sunny areas (almost all of India, large swaths of the US and China, southern and central Europe, almost all of Latin America).
And beyond that, by the time solar scale has doubled 4 more times, to the equivalent of 16% of today's electricity demand (and somewhat less of future demand), we should see solar at 3¢ per kWh in the sunniest areas, and 4.5¢ per kWh in moderately sunny areas.
If this holds, solar will cost less than half what new coal or natural gas electricity cost, even without factoring in the cost of air pollution and carbon pollution emitted by fossil fuel power plants.
As crazy as this projection sounds, it's not unique. IEA, in one of its scenarios, projects 4¢ per kWh solar by mid century.
Fraunhofer ISE goes farther, predicting solar as cheap as 2 euro cents per kWh in the sunniest parts of Europe by 2050.
Obviously, quite a bit can happen between now and then. But the meta-observation is this: Electricity cost is now coupled to the ever-decreasing price of technology. That is profoundly deflationary. It's profoundly disruptive to other electricity-generating technologies and businesses. And it's good news for both people and the planet.
Friday, August 14, 2015
These excerpts from Robert Prechter's Elliott Wave Theorist highlight the flaws in the conventional approach to forecasting oil prices -- and show you why oil fooled almost everyone.
Thursday, August 13, 2015
|#SubscriberNotes have been updated on the website. "Everyone out of the pool" is the message. Where it's coming from is key.|
Wednesday, August 12, 2015
|#SubscriberNotes have been updated on the website. Today's reversal in stocks and bonds came just where seasonals called for.|
Tuesday, August 11, 2015
|Every time you buy pizza at Papa Johns, you're supporting the Koch empire of climate denial. We are going up against the greatest challenge to the continued existence of life on Earth, folks. Support for the climate deniers is simply insanity in action. We must boycott any climate denier and Papa Johns is the latest denier which must be boycotted. For more information, see American Family Voices.|
Monday, August 10, 2015
Sunday, August 09, 2015
Thursday, August 06, 2015
|#SubscriberNotes have been updated on the website. What will the central banks do when the stock market finally crashes? There's the rub.|
Wednesday, August 05, 2015
|#SubscriberNotes have been updated on the website. "Rats Deserting the Sinking Ships" accurately describes Disney and the Dow Industrials.|