Cold to Last Decades

I read in the WSJ that temperatures in the upper MidWest are at arctic levels. Temperatures are -35F to -40F in the northern areas of North Dakota and Minnesota. Babblevision just reported that Chicago has 5F. So far this winter we've had an unusual number of overnight temperatures hitting 10F or lower.

The truly bad news is the pattern of below "normal" cold weather is expected to persist for two decades. Yes, I said two decades.

Why ?

The North Atlantic Oscillation has turned over. The pattern is now that of the cold years of the 1930s, 1940s and 1960s and early 1970s. See http://www.ldeo.columbia.edu/res/pi/NAO/ for a chart and explanation. Other sites can be found easily.

In the late 1960s, some climate scientists now bloviating about human-caused global warming were talking about the coming Ice Age. Those knowledgeable about World War II remembers so many reports of "the coldest winter in decades" occurring in WW II years, causing much suffering among troops.

So we should all get used to this pattern and be prepared for cold and bad weather for the coming years.

I suppose soon the climate change "scientists" will be screeching about man causing this. After all, they need grant money from the government and wild claims do work for generating grant money.

Markets

Nothing is happening. Obama Fund is about 100% long. I am waiting and will make selective adds as I see good buys.

Word of the Day

"Vaticination" - noun [$10]; "Vaticinate "- verb [$10[
Vaticination means 1. something foretold: prediction; 2. the act of prophesying.
Vaticinate means (transitive) to foretell, prophesy; (intransitive) to be a prophet.
Sentence: Modern man seems incapable to vaticinate natural events rationally or analysing such vaticinations about the natural world. He is the opposite of ancient man who always blamed actions of the gods. Modern man always blames action of mankind. That the universe and earth can change or are changing independent of man seems beyond his comprehension.