Did it never exist except in the minds and hearts of grant-seeking scientists and academics, ratings-obsessed television networks and their misinformed viewers and opportunistic eco-activists? The only evidence that human activity is causing global warming comes from computer models. These models take what the people who develop them know about how the earth’s climate system works and attempt to predict the future. Computer models are not evidence.
According to Victor Sperandeo (also known as “Trader Vic”), it is obvious that when you’re printing huge amounts of paper vs something that is considered money, the paper will depreciate and the hard assets will go up. So gold and silver will do well—silver a little less so—but gold certainly.
The chart highlights the year-to-date performance of ten major commodities. Currently gold is grabbing the headlines actually it’s up the least out of the seven major commodities that are in the black this year.