On this week's show, we share highlights from this week's Precious Metals Investing webinar...
Thursday, July 11, 2013
Gold Miners to Trough Into 2014
Troubled times for gold miners will trough through the next six months, U.S. Global Investors's Frank Holmes tells TheStreet's Joe Deaux.
Forgotten Civilization Ancient Cataclysms
Robert M. Schoch, Ph.D. discussed how coronal mass ejections from the
sun unleashed discharges upon Earth which destroyed ancient advanced
cultures. Schoch declared. To that end, he noted that ancient
hieroglyphs, such as Easter Island's rongorongo script, appear to depict
plasma phenomena in the sky as observed by the denizens of Earth.
Additionally, Schoch cited ice core studies, lunar materials, and the
preponderance of ancient, seemingly abandoned, monuments as evidence for
such an event. To that end, he pointed to Turkey's Gobekli Tepe site,
which has been dated to this time frame and, he believes, was purposely
buried by its creators, as an indication that the ancients tried to
protect their civilization from the solar event.
Based on his research, Schoch surmised that these coronal mass ejection events happen roughly every 10,000 years and that the Earth is due to be hit again soon. Additionally, "super energetic electrons and protons" would blast the Earth, damaging electronics, and earthquakes as well as volcanic activity would be induced. While Schoch dismissed the idea that the Mayan calendar is an exact prediction of the next coronal mass ejection, he did suggest that the infamous timetable is alluding to such an event. Ultimately, he warned that "any time between now and the next five years, even ten years," the planet could fall victim to the massive solar blast.
Schoch also provided an update on his research into the Sphinx and contended that there "absolutely something under the left paw." He explained that seismic investigation into this anomaly indicates that the chamber is 12 by 9 meters and theorized that there is a cliff base beneath the sands of the Sphinx where a door likely leads into the mysterious structure. Unfortunately, Schoch lamented that the rising water tables in Egypt are now likely flooding the chamber, which makes timely exploration of the find to be of paramount importance. Connecting his Sphinx research with the study of coronal mass ejections, Schoch speculated that the structure was contemporaneous with the Gobekli Tepe monument and depicted a male lion which would indicate a message, of sorts, concerning the sun.
Wikipedia
Various existential risks have the potential to destroy, or drastically restrict, human civilization; could cause human extinction; or even cause the end of Earth. Severe events could cause the extinction of all life on the planet Earth, the destruction of the planet Earth, the annihilation of the solar system, to the annihilation of our galaxy or even the entire universe. Existential risks are distinguished from other forms of risk both by their scope, affecting all of humanity, and severity; destroying or irreversibly crippling the target.
Natural disasters, such as supervolcanoes and asteroids, may pose existential risks if sufficiently powerful, though man-made events could also threaten the survival of intelligent life on Earth, like catastrophic global warming, nuclear war, or bioterrorism.
While individual threats, such as those posed by nuclear war or climate change, have been intensively studied on their own, the systematic study of existential risks did not begin until 2002.
Future scenarios
Some that will almost certainly end life on Earth are certain to occur, but on a very long timescale. Others are likely to happen on a shorter timescale, but will probably not completely destroy civilization.
Some foreseen hazards which have been excluded from the list on grounds that they seem too unlikely to cause a global terminal disaster are: solar flares, supernovae, black hole explosions or mergers, gamma-ray bursts, galactic center outbursts, buildup of air pollution, gradual loss of human fertility, and various religious doomsday scenarios.
Biotechnology could lead to the creation of a pandemic, chemical warfare could be taken to an extreme, nanotechnology could lead to grey goo in which out-of-control self-replicating robots consume all living matter on Earth while building more of themselves - in both cases, either deliberately or by accident.
It has also been suggested that in the pursuit of knowledge humanity might inadvertently create a device that could destroy Earth and our solar system.
Warfare and mass destruction
The scenarios that have been explored most frequently are nuclear warfare and a Doomsday device. It is difficult to predict whether it would exterminate humanity, but very certainly could alter civilizations in the event of a nuclear winter.
Present trends of overpopulation, economic development, and non-sustainable agriculture. Most of these scenarios involve one or more of the following: Holocene extinction event, scarcity of water that could lead to approximately one half of the Earth's population being without safe drinking water, pollinator decline, overfishing, massive deforestation, desertification, climate change, or massive water pollution episodes
Based on his research, Schoch surmised that these coronal mass ejection events happen roughly every 10,000 years and that the Earth is due to be hit again soon. Additionally, "super energetic electrons and protons" would blast the Earth, damaging electronics, and earthquakes as well as volcanic activity would be induced. While Schoch dismissed the idea that the Mayan calendar is an exact prediction of the next coronal mass ejection, he did suggest that the infamous timetable is alluding to such an event. Ultimately, he warned that "any time between now and the next five years, even ten years," the planet could fall victim to the massive solar blast.
Schoch also provided an update on his research into the Sphinx and contended that there "absolutely something under the left paw." He explained that seismic investigation into this anomaly indicates that the chamber is 12 by 9 meters and theorized that there is a cliff base beneath the sands of the Sphinx where a door likely leads into the mysterious structure. Unfortunately, Schoch lamented that the rising water tables in Egypt are now likely flooding the chamber, which makes timely exploration of the find to be of paramount importance. Connecting his Sphinx research with the study of coronal mass ejections, Schoch speculated that the structure was contemporaneous with the Gobekli Tepe monument and depicted a male lion which would indicate a message, of sorts, concerning the sun.
Wikipedia
Various existential risks have the potential to destroy, or drastically restrict, human civilization; could cause human extinction; or even cause the end of Earth. Severe events could cause the extinction of all life on the planet Earth, the destruction of the planet Earth, the annihilation of the solar system, to the annihilation of our galaxy or even the entire universe. Existential risks are distinguished from other forms of risk both by their scope, affecting all of humanity, and severity; destroying or irreversibly crippling the target.
Natural disasters, such as supervolcanoes and asteroids, may pose existential risks if sufficiently powerful, though man-made events could also threaten the survival of intelligent life on Earth, like catastrophic global warming, nuclear war, or bioterrorism.
While individual threats, such as those posed by nuclear war or climate change, have been intensively studied on their own, the systematic study of existential risks did not begin until 2002.
Future scenarios
Some that will almost certainly end life on Earth are certain to occur, but on a very long timescale. Others are likely to happen on a shorter timescale, but will probably not completely destroy civilization.
Some foreseen hazards which have been excluded from the list on grounds that they seem too unlikely to cause a global terminal disaster are: solar flares, supernovae, black hole explosions or mergers, gamma-ray bursts, galactic center outbursts, buildup of air pollution, gradual loss of human fertility, and various religious doomsday scenarios.
Biotechnology could lead to the creation of a pandemic, chemical warfare could be taken to an extreme, nanotechnology could lead to grey goo in which out-of-control self-replicating robots consume all living matter on Earth while building more of themselves - in both cases, either deliberately or by accident.
It has also been suggested that in the pursuit of knowledge humanity might inadvertently create a device that could destroy Earth and our solar system.
Warfare and mass destruction
The scenarios that have been explored most frequently are nuclear warfare and a Doomsday device. It is difficult to predict whether it would exterminate humanity, but very certainly could alter civilizations in the event of a nuclear winter.
Present trends of overpopulation, economic development, and non-sustainable agriculture. Most of these scenarios involve one or more of the following: Holocene extinction event, scarcity of water that could lead to approximately one half of the Earth's population being without safe drinking water, pollinator decline, overfishing, massive deforestation, desertification, climate change, or massive water pollution episodes
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