Sep
17
Disappearing Sunspots, from Jeff Watson
September 17, 2010 |
Sunspots form on the sun due to magnetic anomalies in the sun, the oscillation of the magnetic field results in sunspots being formed. Sunspots are cyclical in nature and right now, we should be gearing up for a susnpot peak, yet there are very few sunspots. In fact, for the past 7 years years, the number of sunspots has been much below average and seems to be going down vis a vis past cycles. Anyways, here's a good article predicting that sunspots will disappear for many decades starting in the year 2016.
The article states that, "The last time the sunspots disappeared altogether was in the 17th and 18th century, and coincided with a lengthy cool period on the planet known as the Little Ice Age." The market implications of a change of this magnitude cannot even be fathomed, especially with the high population of humans on the planet .As an amateur radio operator, the study of sunspots is one of my interests, and I plot the numbers every day (a habit I started in high school). I also study things like the J index, K index, and total solar output (which has been declining for years.) I have seen a downward trend in solar output and sunspots for several years.
Someday, the markets will wake up to the solar events, which could(at worst case) have a very detrimental effect on our climate and economy on the earth .
While the aforementioned article is mere speculation, it is a fact that the sun has cycles, and right now the sun is going into a "solar minimum."
There might be climate change going on, but it will be the type of climate change that will be the exact opposite of what Mr. Gore and the cabal of anti business academics and government types so eloquently and passionately tried to sell the general public. In fact, this type of climate change would require the exact opposite of what people of Mr. Gore's ilk profess, and demand everyone to increase their carbon footprint by multiples.
Either way, the market implications of a change in solar output are enormous, (Like nothing we've ever seen before) and deserve statistical modeling for different scenarios. Events of this magnitude, the climate changes, occur in a matter of months, not decades, so time is of the essence.
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