There still seems to be some doubt in many investors minds on how much gold there is in the world. I continue to receive emails from individuals who read articles stating that the amount of gold in the world is much greater than the official estimate. Recently, I have received a spike of emails questioning…
CONSPIRACY vs FACT: How Much Gold Is In The World??
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57 responses to “CONSPIRACY vs FACT: How Much Gold Is In The World??”
“How Much Gold Is In The World??”
pretty soon the more relevant question will be, “how much food is in the world?” and the answer will be, “not enough.” then the question will be, “how many guns and how much ammunition is in the world?” and the answer will be, “a whole bunch.”
After that, the issue will be one offered by The Bison Prepper of “so many guns and so little ammo”, caused by the “spray & pray” mass-fire training given to US soldiers since the issuance of the M-16. GI’s don’t pay for ammo, nor do they have to carry it dozens of miles on their backs (Soldiers, not Specials/Rangers/Marines, rarely are full-weight pack mules for more than hundreds of meters) in the same way that US police officers don’t care how much a tank of gas in a Dodge Magnum 5.7L V-8 patrol car or BearCat/MRAP costs. “Free and Unlimited” is the price that dictates behavior. Helicopters with slings full of ammo are at the end of a radio, minutes away, when the Empire is operating correctly. Tanker trucks of fuel arrive twice a day to the motor pool. American AR-15-using-civilians have not many considered the implications of a weapon that can do 3-rounds-per-second semi-auto “mag dumps” during a “break contact drill” resulting in impressive noise but not often holes in enemy (hiding or over 200M away). We react at our lowest level of training, so why are folks training to waste masses of ammo while standing at the OK corral or aim precisely with plenty of time and snacks through a $1000+ glass optic at a paper target at a known distance from an engineered stable stand mostly with a resting pulse and not sweaty, next to cans of hundreds of rounds of ammo? A change to unavailable-expensive ammo, unavailable-expensive food, and unavailable-expensive fuel will result in behavior/social change.
I appreciate that the AR has become a reliable weapon since the M-16A2 improvements. It’s possible to train to use it as a carefully-aimed low ammo-consumption weapon, but it will take considerable will to do so. A low-capacity magazine (5-rounds?) might help with this. Short-loading standard-capacity magazines (3 rounds?)during training could help remind users that ammo is dear. Police cars might be issued only 5 gallons per patrol shift.
Disagree with gman on “a whole bunch”. How many cartridges does the average gun owner have? A few have lots, most have less than 1 ammo can (500 rounds), and will stop at the store on the way to the range. Uncle Sam has pretty good stocks of ammo, but they are highly centralized. It takes men/trucks/fuels to distribute that ammo to where it’s needed, and those things might limit distribution.
“How much food is grown in your ZIP code?” -Matt Bracken.
What about the conspiracy that Baricks laundered Yamashita’s gold into the market? Some of the large amount of gold mined in the 20th century could just be hidden gold brought into the official gold stock.
Also, the mining figures go back to the 1400’s. There is a reference to roman times gold produceduction. But we have no pre-flood data.
This is a fantastic article using the best facts available. But before the time of Jesus and. Certainly before the flood, we have no historical records. I guess some conspiracy theories will persist!
“There is a reference to roman times gold produceduction.”
roman gold production would pale in comparison to egyptian, persian, chinese, mayan, incan, and aztec gold production. heh – in egypt there was considerably more gold than silver. not to mention that Mansa Musa dude.
gman,
While the Egyptians may have produced more gold than the Romans, overall ancient gold production was still a fraction compared to recent times. So, I highly doubt the world produced more than 200,000 metric tons. Moreover, a lot of ancient gold is likely lost. In that vein, it really doesn’t amount to much in the whole scheme of things.
steve
Unless you buy into the theory that Egyptian rulers were descendants of an alien race that had access to highly advanced technology. Nothing would surprise me anymore. We live in a world where the truth is suppressed at all costs.
AK,
While anything is possible, the LOGIC that Aliens would come down here and assist humans with mining of gold, so we could use that to produce more resources to destroy the world… doesn’t pass the smell test with me.
I don’t mention this much, but I believe we are now in RUNAWAY GLOBAL CLIMATE CHANGE. Within the next 5-10 years, all doubt of climate change will be gone as billions of people scramble just to survive. Unfortunately, there is nothing we can do about it as the EARTH’S AIR CONDITIONER… the ARCTIC ICE COVER is melting away at an exponential rate. Which will release METHANE at an exponential rate.
I also find it quite hilarious that Clif High states we are going to experience a NEW MINI ICE AGE. How can the world experience a new MINI ICE AGE when the Arctic is heating up 5-6 times more than the rest of the planet. The only way to have a new MINI ICE AGE, is if the ice cover extends from the Arctic down….LOL. We are going to experience an ICE FREE ARCTIC within the next 1-3 years.. and then hold onto your hats as things really start to go out of control with the climate.
So, there is nothing to do about it, which is why I don’t waste my time writing or debating it. So, the NONSENSE put forth by certain precious metals analysts is a complete WASTE OF TIME.
steve
Marin Armstrong’s computer models at Armstrong Economics are all forecasting that we have already entered the 300 year solar down cycle. Armstrong Economics is the largest consulting firm on the planet and have the largest historical databases on the planet. This is the reason for the record cold and snow we have been seeing the last three years all across the northern parts of North America, Europe, etc. Ask any farmer that is up north. They are planting later and harvesting sooner. He actually moved Armstrong Economics from Conn. to Tampa because of this. The models are saying that farmers will start relocating to the south and businesses and populations will follow as records cold will hurt the northern economies as people will not go out and shop or eat only only go out for the essentials. In addition many scientist who follow sun cycles are saying the same thing about the sun cooling down. By the way the last cycle of cooler weather was back in the 1700s. Remember old George Washington crossing the ice covered river.
jj,
Unfortunately, Martin Armstrong is completely FOS – FULL OF SHITE on this. Armstrong does not believe in PEAK OIL or CLIMATE CHANGE. Therefore, his Pi-cycle forecasting will become total BS within the decade.
steve
“He actually moved Armstrong Economics from Conn. to Tampa because of this.”
Florida doesn’t have state sales tax, or commercial rent is lower, or the warmer climate means no slipping on ice, or golf can be played for more of the year. These are among more likely reasons for a move.
“overall ancient gold production was still a fraction compared to recent times.”
… yeah, have to agree.
Keeping away people from physical gold. By conspiracies, ETF’ s, derivatives and weird stories. Its all about trust in the current monetary system, ie rising stock markets and a fixed gold ‘price’. What a mess, pumping debt and printing currencies. Oh, and war.
Obviously there is Hidden gold stashes that wealthy people have off the books but nothing that would change anything. If one were to inventory all this hidden gold it’d be drop in the bucket compared to global mining production. Nothing of significance but enough to make some people feel comfortable that’s all.
Private gold, especially coins (2x esp. fractional ounce gold coins), is a possible circulating currency (and store of real+portable value), where central bank and megabank owned gold is unlikely to ever be used as money. The megagold holders keep their metal as large bars, useless as money for human-individual saving/transactions. We need gold coins that represent a week of hard work by a skilled individual, like a half-Sovereign or 10 francs (an eighth, tenth, or twentieth ounce, or 5 gram bar). The Banks will issue paper alleged to be backed by their bars, but are backed by their ability to circulate the paper, violence, and lies. Fun ahead for people and currencies!
Hey Chief any suggestions on a good location to relocate to for the long run? Would be reassessing at landing on the first ledge after the big cliff.
OOOORSTRALIA! ….. Lol
Bix did a recent release called Secret Silver. I find very little if anything wrong with it, and wish I’d gotten to that first, but I have my own mountain range of info to plow through. But regarding the purported Grand Canyon gold, I remember he said even the President isn’t allowed down there to see it. At that point it lost most credibility. There may be some gold in the Grand Canyon strata. Now, to close with two points 1) people can watch Silver Investor and Silver Market News Online later this week for a release from me about a major mining figure from the California gold rush, Comstock Lode and later strikes, and his connections to slamming silver money. Over 200 illustrations and 2) On the matter of $2 per ounce silver and associated items, this will be addressed in a follow up with Crush the Street.
“1) people can watch Silver Investor and Silver Market News Online later this week for a release from me about a major mining figure from the California gold rush, Comstock Lode and later strikes, and his connections to slamming silver….”
Who is the “his” referring to in the phrase above…Bix?
I’m a casual reader; don’t have much time to delve in depth into the writings [or rantings] of bloggers and their credibility, or lack thereof.
Hey Steve, How about doing research on how much silver is stockpiled globally and available for use. Since 2006,over a 10 year stretch, the Silver Institute says that silver demand has outdone silver supply by about 1.2 billion ounces (https://www.silverinstitute.org/site/supply-demand/). That means that 1.2 billion ounces had to be supplied from global silver stockpiles. Silver is never going to explode as long as the supply deficit is supplemented by silver stockpile inventories. As soon as these stockpiles are depleted and there is no silver to supply from global stockpiles…then the price will be difficult to manipulate. I have read many times the the US silver stockpiles which was over 4 billion oz. at one time are now all gone. Where is this silver coming from and how many ounces do they have to use to balance out the continual yearly shortage? Lot’s of rumors about JP Morgan stockpiling/hording about 500 mil. oz. If true, are these ounces reflected in the supply and demand yearly charting of the Silver Institute? Thanks
Love ya Steve but pulling this article out every year seems a little desperate. And if you are going to quote my work please don’t MISquote it. I don’t reference the 1909 article from the Arizona Gazette but rather the 1912 article on the front page of the New York Times reporting, in detail, that “billions of ounces” of gold have been found in the Grand Canyon and more “billions of ounces” in the silt on the banks of a tributary. Also, if you actually did consider facts to be important you wouldn’t blow off the research of Peggy and Sterling Seagrave who have run circles around you as far as discovering the FACTS behind Yamashta’s Gold. I have 3 CD’s of government documents and testimony to the validity of Yamashta’s gold so please don’t mislead your readers further. Bix
Bix: Can you tell me which strata in the Grand Canyon are reported to contain gold? Also, can you tell me roughly which part of the Grand Canyon (e.g. ten miles upstream of the Bright Angel trail)? For reasons too numerous to list here, I strongly suspect mining the Grand Canyon would present insurmountable challenges. Thanks.
Yes, early attempts at mining caused a massive avalanche over the main mining seam. I have not ascertained the exact location (yet) but it is within one of the many “no go” zones guarded by the military in the Grand Canyon. An associate was taken there in the 1960’s and confirms that there is a huge military base within the Canyon. I’m writing a book on the subject that should be released in a few months. Bix
“An associate was taken there in the 1960’s and confirms that there is a huge military base within the Canyon.”
As one with a degree geology, and having that perspective, I find it difficult to believe there is a military base within the grand canyon, particularly a huge one. Show me something, anything, that would confirm this. Maybe aerial or satellite imagery? People have come forward coming from known military bases claiming they have seen or worked on UFOs. Haven’t heard anyone saying they worked on a secret military base in the grand canyon.
One can claim the government isn’t allowing such images to be seen by the public, but that is a conspiracy stretch. Not all aircraft or satellites are controlled by the government. And while I don’t search the internet for government coverups and conspiracies, this is the first time I have heard of a military installation in the grand canyon.
I’ll add that to many other interesting conjectures I have heard on the internet.
Bix Weir,
I appreciate you taking time out of your busy day to respond here personally. That means a lot. However, there’s much BIGGER FISH TO FRY than wasting time discussing what I call SUPERFLUOUS MATERIAL.
We are heading for serious trouble with ENERGY and there isn’t much we can do about it. Thus, all that supposed gold in the Grand Canyon will likely stay there (if it’s there) as the populations of the world try to deal with collapsing economic activity.
Instead of you and I playing TIT for TAT about CONSPIRACY THEORY NONSENSE in the future, we will likely be spending time just trying to survive. So, in the VEIN…. let’s see how things unfold over the next 5-10 years.
steve
Agreed! All the best. Bix
This is a good analysis, Steve. I heard Bix giving that Grand Canyon spiel and it sounded like a fairy tale to me. I live in AZ and have been up and down the Canyon. There is zero evidence of ancient foreign cultures ever visiting Arizona. Gold is rare, it’s selling at near the cost of production, and probably less than 2% of Americans own any. I’m a buyer.
Tom,
Thanks for your post.
“I live in AZ and have been up and down the Canyon. There is zero evidence of ancient foreign cultures ever visiting Arizona.”
Have you seen ANYTHING or heard ANYTHING about a secret military base there? I’ll trust your “boots on the ground” perspective over a conspiracy perspective.
Great Article Steve but I don’t think you can close the case without dealing with gold, both historical and maybe modern unreported, from the far east and south america.
I would also like to second James Erb’s request for a similar analysis of world silver especially in light of one of your recent articles that identified, by implication, the movement of large amounts of silver but without attribution or market recognition.
One of the important assumptions underlying price theory and the laws of supply & demand is that the market is made up of “fully informed buyers and sellers”. Your work is very important because of your unbiased perspective and presentation of facts regarding gold, silver, and energy. But I have got to say, your patience and persistence is amazing and commendable given the never ending stream of PM hucksters and weekly pronouncements of “new, cheap and easy” energy sources.
Thanks for all of your hard work. It does make a difference.
SteveW,
Yes, there is a certain amount of “Unreported & Unaccounted Gold” in the world. However, this is not all that much in the whole scheme of things. With modern technology, and a great deal of energy, the world produced 3,222 metric tons of gold in 2016. This was 103.5 million oz (Moz). During the peak year during the California Gold rush in 1852, 4 Moz was produced. This was one of the major gold finds in the world. There wasn’t too many gold finds like the California Gold Rush. There just haven’t been that many gold finds as large as the California Gold Rush.
In the 40 year Peak Period of the California Gold Rush, about 55 Moz were produced. Again, that was over a 40 year period. This was about half of the gold produced in 2016… in one year.
I am not saying there could be more gold in the world that we don’t know about, but to say there is 1-2 million tons goes well beyond anything that is physically possible. If there were 100 California Gold Rushes we didn’t know about that would be another 5.5 billion oz or another 160,000 metric tons. So, that would be 350,000 metric tons, but as I have mentioned, there were only a handful of California Gold Rushes in the world. But, if there were 100 more than we knew about, it still only adds up to a third of 1 million tons.
There just wasn’t many easy surface gold mines in the world. All the world’s modern Gold Rushes during the 1800’s only accounted for 11,600 tons during that century. So, again… if we look at the data, it is just impossible for the world to produce more than 200,000-250,000 mt of gold.
steve
Most of his report seems true, except for the case of gold in the Grand Canyon area.
Bix may be correct for the following facts: One, upon through investigation the Smithsonian institute is one of the most evil organizations ever in the history of the world. Two, access to the Grand Canyon area is restricted and no one is allowed access; however, it is probable that the high ranking officials or deep state characters would be granted access. This does not prove or disprove gold deposits, but something of high value is there.
Possibly uranium.
“When the mine (Orphan mine) closed, it had produced 495,107 tons of ore, including 4,257,571 pounds of uranium oxide, 6,680,000 pounds of copper, 107,000 pounds of silver, and 3,283 pounds of vanadium oxide. The value of the uranium alone has been estimated at $40 million.”
No mention of gold.
https://www.nps.gov/grca/learn/historyculture/miners.htm
The amount of physical gold is huge but limited. However, the amount ofor paper gold is infinite. A small amount of real gold is rehypothicated over and over. It’s paper gold that is sold short by bankers to depress the price. Also, the central banks have lots of paper gold now that they have leased out the real thing. Who needs real gold when you have paper gold?
Bix
if the US gov has an untold 100,000’s of thousands of tonnes of gold, why didn’t Nixon load a couple containers full and shove them up DeGaulles arse? Seriously, so much was made of the French demanding the gold and the US defaulting on its obligations. The US could have smiled and delivered. I mean, what is 2500 tonnes to settle a debt when you have 1,000 times that amount.
Why have the petrodollar? The US could have just bought Saudi Arabia for 10,000 tonnes of gold. Leaves 1,990,000 tonnes. Like me counting pennies against the Feds printing press.
How can “we” see what’s on the 3 cd’s of gov docs you have in your possession? Documented proof would be nice. China/Russia would probably pay you a few million for the info also. I mean, why buy gold when there’s so much in the Grand Canyon/Hawaiian caverns that the US has a never ending supply?
“if the US gov has an untold 100,000’s of thousands of tonnes of gold”
indeed, especially before that modern iteration of fiat debt currency the federal reserve dollar, if anyone had that much gold why would they hide it? if anything they would have flaunted it.
For those looking to AWAKEN to the truth about all the secret gold read this report from the Office of Navy Intelligence (ONI)…
https://www.scribd.com/doc/9442970/Collateral-Damage-U-S-Covert-Operations-and-the-Terrorist-Attacks-on-September-11-2001-28062008
Why Dr Fekete associated himself with Hudes I don’t know. Even Steve,
keep away from the ‘lizard people’ and starship stories, not worth bringing them in for discussions of any sort – not naming them anyways, just ‘it has been suggested by some…’
Has anybody mentioned that we have the largest prison population in the world because we have the best energy and the best return on our investment for energy. We can afford to put all those people away because we have the best return on our investment. Once the oil disappears the prisoners will have to be released and fewer people will be sent to the big house because we will no longer be able to afford it. No more big brother. No more chipping people. No more CCTV. No more happy trigger finger cops with tasers and pepper sprays.
Nice article!!! I love the facts mention. One more thing Steve you can also deduce the amount of gold (Au), silver (Ag) in nature (If an high concentrate asteroid had not crashed their) by just looking at the Periodic table.
The heavier the chemical element the more energie it takes the universe (nature) to make them. That is why Hydrogen is by far the most plentiful element.
So just check the periodic table of elements.
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And one other thing for the peoples that want to dismiss all of the excact sciences like Chemistry, Biology, Physics, and Mathematics. Stating that they have to be completely changed and rewritten. In other words our best understanding of the natural world that we observe, These sciences that had given us modern computers, telecommunication, aero planes, combustion engines etc. If you want to dismiss these sciences don’t use the internet (achieved by humanity understanding of electromagnetism) to spread the lies that they are all completely wrong.
Great article.
Let’s see…what do I believe about how much gold there is in the world? Physical or paper? Just kidding. OK whatever the govt admits to holding as far as gold goes I believe they’d never tell the truth about that either. But they don’t really know. So it’s whichever day it is for them. Do they need to tell the tale of limited gold or do they need to spin the tale about unlimited gold? Either way there’s none backing their worth-less dollar so that’s my answer. It depends on the tale they’re trying to spin. And no matter what – they wouldn’t tell you or me anything about that. And what they would tell us shouldn’t be believed. We don’t even know how much the Russians or the Chinese who both have an affinity for gold have in their vaults other than that number is more than we have. Whatever that number of how much gold is there in the world? The one thing that IS certain is that the US no longer holds 8000+ tonnes of gold in Fort Knox and hasn’t for many years.They don’t care about owning any gold as long as they control the market for gold. And they do that through their ongoing paper gold fraud.
I’m reminded of the old saying about a man on a raft in the middle of the ocean:
Water, water every where, but not a drop to drink!
I think we should focus on two fact 1 “USA close the gold window in 1971!”
Second “Why the price of gold could break 500 in year 2006?” Simple is the best! Don’t distract buy some uncertain news.
The other issue that many don’t know is that about 250 mt of gold are being consumed by industrial applications, electric contacts (some of which will be recycled), in satellites, glass coatings and other applications where the gold is lost for good. IMHO that makes the 180k to 200k of above ground fizzical aurum quite a credible UPPER best guesstimate. Great work Steve, and also thanks to gman for his daily “Geers, MAN”.
Thank you for this article. This is exactly what I love about your work – facts, clear sources, concisely put forth for everyone with a brain to understand.
It’s refreshing to read an article like this. The mainstream media AND the alternative media are full of nonsense and propaganda, all geared to one thing and one thing only – to grab the fools’ money.
I wish there were a thousand Steves publishing a thousand posts like this every day to outbalance the BS produced by the many thousand “analysts” and “experts”. The internet really let them loose…
I’m loving this. Bix, Steve and Charles are some of the brightest minds in the industry hashing it out. All come from completely different perspectives and in my opinion each of them make some very real, valid points. In the end none of this changes anything about Gold and Silver being a necessary component of every investor’s portfolio.
This is the first time i’ve commented here but it’s great to see some of the commentors and their thoughts. I try to only use personal experience and logic to build my world view so i will need a lot more evidence to believe that there are large amounts of hidden gold anywhere.
Perhaps somebody here can comment on a possible new method of leaching gold from ore using ammonia that is supposedly faster and cheaper than cyanide. If it is true what do you think the impact on the gold price and the miners will be?
Not ammonia, but ammonium thiocyanate, and it is not “new.” As I recall, the insurmountable problem is recovering gold from pregnant solution. “Faster and cheaper” means little when existing operations are already set up for cyanide. Also, cyanide and thiocyanate are only useful for microscopic gold (e.g. Carlin trend), not placer or vein deposits containing visible gold.
have my own conspiracy theory about the hidden gold in the Grand Canyon and chocolate mountain. This tale was created by JP Morgan and the other robber barons to get Woodrow Wilson to accept that the Federal Reserve should be created.
If Steve is right about energy EROI, and Bix is right about gold reserves, then at some point the govt will release location of gold just to get it on books giving human labor a % for mining the stuff.
My first and only investment recommendation: mules, shovels, and water canteens.
PS, If above doesn’t work out, you can spade up a garden, drink the water, and eat the mule until harvest.
The article is a useful contribution to the mini-debate on above ground gold as it reiterates and collates existing information in one place with references. The counter arguments from those who believe that stashes of gold many times the “known” stock seem to be pure fiat, themselves unbacked by any physical gold because it is conveniently hidden. It sounds a bit like Clif High’s Antarctic Aliens where the evidence is always out of sight and usualy concealed by convenient, alleged and coincident military activity.
As for “Climate Change” and “Peak Oil”, this worries me. I am still trying to find and explanation for Steve’s assertion that as the price of oil falls this will reduce demand for oil. Obviously this cannot be the whole story, but what is the full story? I just do not understand it. I am OK with the EROI concept – and that is a very useful contribution to our understanding of the imminent dangers the planet is not only facing but experiencing already and it looks like a serious issue. Climate Change? Ah! Yes. If this refers to the CO2 baloney did you know that the atmospheric record shows that CO2 levels have net fallen from about 425ppm (1942) to about 405ppm today?
carefix,
I plan on writing an article explaining the Thermodynamic Oil Collapse and its impact on the oil price. In a nutshell, our money comes from burning energy. Without energy, there would be very little economic activity. Back in the day, money (gold and silver) were stored economic energy, mostly from human and animal labor.
So, if the quality of energy (NET ENERGY) declines, so does the amount of money to be spent in the market. It is really that simple. Furthermore, the notion that the market would BID UP the price of oil if supply falls, doesn’t take into account that there is less money to be spent because there is less NET ENERGY from a barrel of oil. The only reason the oil price shot up to $100 was zero interest rates and massive money printing.
So, as the NET ENERGY in a barrel continues to decline, so is its VALUE to the market. Basically, the available energy is doing less and less every year. Why would you pay more for an older car that is wearing out???? You must think of the oil price the same way.
As for CLIMATE CHANGE, I am not going to get into a debate on the issue. I have spent a lot of time looking at DATA that provides CLEAR EVIDENCE that we are now in the advanced stages of ABRUPT CLIMATE CHANGE. Forget about C02…that is yesterday’s news. Now its the massive amount of methane being released from the Arctic and Siberia.
A few years ago, NASA’s CARVE PROJECT flew planes above the Arctic Ocean and recorded 100 kilometers of massive methane plumes coming from the Arctic Ocean. Which means, large portions of the Arctic Ocean are now behaving like Champagne. However, this is a nasty METHANE COCKTAIL. It’s no longer a CO2 issue, it’s now METHANE’s turn… and its a 100 times more of a bitch than C02.
When the Arctic Ocean experiences its first BLUE OCEAN EVENT (ICE FREE), then the CLIMATE REALLY starts to unravel.
That being said… CAREFIX, don’t believe anything I say. But, just stay alive for the next 5-10 years and you will experience FIRST HAND.
steve
The EPA shows atmospheric CH4 (methane) quadrupling in the last century from about 500 ppb to about 2000 ppb. That’s an increase of 1,500 ppb, or 1.5 ppm (pay close attention to my units). Atmospheric CO2 has gone from about 250 to 400 ppm during the same period, an increase of 150 ppm. If CH4 exerts 29 time the greenhouse effect of CO2 (per Wikipedia), then a 1.5 ppm rise in CH4 equates to a greenhouse effect of 44 ppm CO2. There is a real question as to whether CO2 exerts much of a greenhouse effect at all, especially in comparison with water vapor, so 1.5 ppm methane becoming a dangerous greenhouse gas is a red herring.
https://www.epa.gov/climate-indicators/climate-change-indicators-atmospheric-concentrations-greenhouse-gases#
Keep in mind that the reason coal and oil exist in the subsurface at all is because Earth used to have 20% CO2 in the atmosphere. (20% CO2 = 200,000 ppm.) It wasn’t all that much warmer back then than it is today.
Also, there is speculation that chemtrails are affecting the climate. The AGW fans say chemtrails counter global warming by reflecting sunlight back into space, but Dane Wigginton says they’re warming the climate. Either way, they’re affecting climate and weather patterns sufficiently that any effects from CO2 and CH4 become indiscernible.
Diogenes Shrugged,
I appreciate your input on climate change, but I am not going to get into a debate on it. My reply from here on out is going to be… LET’s WAIT AROUND FIVE YEARS AND THEN LET’S SEE HOW THINGS ARE DOING.
steve
With all due respect to your wait-and-see approach, Trump appears to be getting flipped on the AGW issue as we speak. Assuming he does flip, five years from now will be too late. Regardless of whether the planet warms or cools, we’ll all have lost both national sovereignty and individual liberty, not to also mention permission to heat our homes. There is a lot at stake.
I would argue that we’ve ALREADY waited several consecutive 5-year periods to see what’s happening to the climate. Earlier predictions for no more snow, melted ice caps and drowning coastal cities have clearly not come true. Instead, we argue over millimeter changes to sea levels. So I’ll predict here that five years from now, you’ll ask us again to wait another five years. Then we’ll debate it … unless we have to wait another five years yet again. It’s the perfect strategy for those on the wrong side of the issue.
The temptation to offer “expert opinions” on topics well outside one’s training only increases with growing celebrity. As if being a famous doctor were an automatic qualification for speaking authoritatively on wine making, exoplanets or the price of tea in China. Climate change is irrelevant to the fundamental assertions of your blog, so I would suggest you avoid the topic entirely.
Thanks for being responsive, and thanks for your thought provoking blog.
Diogenes Shrugged,
Yes, I have stated that I would not debate the CLIMATE CHANGE topic on my blog. However, I will likely say a few more things about it as time goes by as the EVIDENCE becomes quite clear that we are now heading into ABRUPT RUNAWAY CLIMATE CHANGE.
Yes, that means it is going EXPONENTIAL. F*CK GLOBAL WARMING… that is for sissy’s now.
The DATA I look at is not from the TWO-BIT Liberal Scientists, but from Independent sources. Ironically, the MSM & Liberal Scientists are downplaying the ACTUAL EVIDENCE found in the field.
Regardless… that is the last thing I am going to say about this. However, when the ARCTIC OCEAN becomes ICE FREE within the next 1-3 years… then watch as the JET STREAM & CLIMATE really start to go to SHITE….LOL. This is when we start to see more than a years worth of rain in a single day in an area. The fun has just begun
steve
Steve,
Thanks for your reply. I will go over it again tomorrow to see if I can get it. I am looking it on a micro-economic level and there seems to be some sort of mix of macro and micro here. I really do want to get your perspective on this because if it aint wrong it is a serious matter. I’m cool with the EROI perspective of course.
The problem with the methane argument is the planet has cooled over the past 8,000 years by 1.5 to 3.0 degrees so it is difficult to see why the methane would plume now rather than when it was warmer. Also these greenhouse gasses cool the planet as they radiate more energy into space than non GHGs at a given temperature. Wait about a year and I think we will see a continuing decline in global temperatures as is already being seen in the North Atlantic.
GOLD IN GRAND CANYON HA !??? … WHATS THE COST TO MINE THAT AND GET BULLDOZERS AND PLANTS BIULT DOWN IN THE CANYON LOLOLOLOL ..$2500 OZ BREAK EVEN OR $5000 ?