Thursday, September 17, 2009

"The Benefits of Global Warming" by Fred Carach

It has been truthfully said, "that it is an ill wind that blows nobody any good." The global warming crowd has not been exactly honest about the impact of global warming. Indeed there could be more winners than losers. Here is an independent viewpoint.

Most people are not aware of the fact that there have been two great warming periods in the last two thousand years. In both of these warming periods the weather was warmer than it is today.

During the Roman warm period parts of North Africa that are today desert wastes were the highly productive granaries of the Roman Empire.

Vast areas of the central Australian desert were grassy savannahs. Much vaster areas of what is today the nearly worthless permafrost tundras of Northern Canada and Siberia were productive grasslands.

The primary cause of this phenomena in the case of the desert areas was that the direction of the prevailing winds changed somewhat and thus blew over more sea water and due to the greater warmth carried more water vapor than they do today.

When the weather cooled vast areas of North Africa and Central Australia turned to desert. In Canada and Siberia vast areas of productive grasslands turned into areas of nearly worthless permafrost.

In the Medieval Warm Period which lasted from 800-1300 the weather was so warm that England was exporting wine to France. The vineyards grew as far north as York in England.

Farmers grew wheat as far north as Trondheim, Norway. Oats and barley were grown in Iceland. Today none of this is possible. It is too cold.

When Leif Ericcson's Viking ships discovered the new world they landed in what is now Newfoundland. THey called it Vinland. For centuries historians refused to believe it because it is too cold for vineyards to grow anywhere near Newfoundland but it was possible during the Viking period.

If the Romans and Vikings were alive to hear our hysterical prattle about the threat of global warming, they would kick us until we stopped moving. The great threat to humanity is not Global Warming but Global Cooling. The Little Ice Age of 1300-1850 was a calamitous disaster during its first two centuries. There were mass famines until the population had declined enough to enable it to be adequately supported by the shorter growing seasons. The Greenland settlements had to abandoned.

If you stop to think about it the loss of a couple hundred feet of shoreline may be a small price to pay in return for a green and productive Central Australia and North Africa not to mention the vast new productive lands in Northern Canada and Siberia that would now be open for human development. Not to mention Greenland. Take a look at the map.

Like the saying says, "it is an ill wind that blows nobody any good."

I wrote my book because I wanted people to know that there is an affordable alternative to buying blue-chip stocks at $40-$60 a share. A price that renders many blue-chip stocks unaffordable. Most of us cannot afford to buy these stocks in sufficient amounts to ever make us fianacially secure. I put my email address in my book so that readers could contact me.

The first reader to contact me was Bill from Buffalo. Bill told me that he was forty years old and had a wife and two kids. He lived in a modest home and had $8,000 in life savngs. He told me that he knew what his future was and it terrifed him. He was going to be working at a fast food place when he was 69 years old. That was his future. He didn't have enough time or money to buy enough blue-chip stocks that could be expected to go up 10% in an average year to enable him to retire at 65.

My way provided him with an answer. He could easily afford to buy my low-priced, unknown stocks in amounts big enough to make a difference. In addition my smallcap and microcap unknown stocks had better growth prospects than the old, tired blue-chip dinosaurs that everyone else is always touting.

I don't do guarantees. If you want guarantees go to the bank and see if you can get rich on the miserable returns that they offer. If you want opportunites then I am your man. I offer my readers a chance to make serious money on a chump-change investment.

Fred Carach is the author of Forty Years A Speculator.

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