Tèxas is growing faster then Germany!!

[bimetalaupt]

TEXAS IS NOW A GREEN STATE!!!!!
www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/
The Federal Reserve Bank of Philadelphia produces a monthly coincident index for each of the 50 states. The indexes are released a few days after the Bureau of Labor Statistics (BLS) releases the employment data for the states. The Bank issues a release each month describing recent trends in the state indexes, with special coverage of the three states in the Third District: Pennsylvania, New Jersey, and Delaware.

The coincident indexes combine four state-level indicators to summarize current economic conditions in a single statistic. The four state-level variables in each coincident index are nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate, and wage and salary disbursements deflated by the consumer price index (U.S. city average). The trend for each state’s index is set to the trend of its gross domestic product (GDP), so long-term growth in the state’s index matches long-term growth in its GDP.

A dynamic single-factor model is used to create the state indexes. James Stock and Mark Watson developed the basic model for constructing a coincident index for the U.S. Theodore Crone and Alan Clayton-Matthews adapted the basic model for the states. The method involves a system of five major equations: one equation for each input variable and one equation for an underlying (latent) factor that is reflected in each of the indicator (input) variables. The underlying factor represents the state coincident index. The model and the input variables are consistent across the 50 states, so the state indexes are comparable to one another.

Attachments:

[tyfighter3]

Isn't it funny how all of the Green States are some of the biggest oil producers in the Country.

[Small Biz Owner]

Isn't it funny how all of the Green States are some of the biggest oil producers in the Country.

Sharp eye tyfighter. Basically financial necessity. Consumer discretionary days are numbered as discretionary income keeps falling. The days of defensive positions in consumer staples, with dividends, will be the only place to be in stocks.

[bimetalaupt]

Sept 12, 2011 7:34:27 GMT -5 Small Biz Owner said:

Isn't it funny how all of the Green States are some of the biggest oil producers in the Country.

Sharp eye tyfighter. Basically financial necessity. Consumer discretionary days are numbered as discretionary income keeps falling. The days of defensive positions in consumer staples, with dividends, will be the only place to be in stocks.

Small Business Owner,
Sorry, I must disagree with you on that statement... at the value of $1,800 per oz and cost to mine of 500-600.. Gold stock would still be a bargain.. During the depression cost of mining gold went down and profits when up with Newmont Mining reaching about $750 from about $50 in 1929.

Bruce

Newmont Mining Corporation is one of the world’s largest gold producers. The company produces gold from operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand, and Mexico. In 2007, Newmont was the first gold producer to become apart of the Dow Jones Sustainability World Index. Despite the surge in gold prices this year, equity gold plays such as Newmont have lagged in returns. Newmont’s CEO, Richard O’Brien is looking for alternative ways to increase value for shareholders.

Earlier this year, Newmont made a popular move with shareholders by linking its dividend to the price of gold. Each quarterly dividend will be determined as a function of Newmont’s average realized gold sales price for the preceding quarter. The Company’s quarterly dividend will increase at a rate of $0.05 per share for each $100 per ounce rise in the average realized gold sales price for the preceding quarter. Newmont’s second quarter 2011 average realized gold price sales price was $1,501, which led to the miner announcing a 50% increase to its third quarter dividend, compared to the second quarter dividend. It is the third dividend increase in the past twelve months.

Now, with miner shares lagging bullion prices, Newmont’s CEO made an announcement regarding the spread gold and equity prices. Richard O’Brien said, “Over time, should we see this disparity between rising gold prices and equities trailing, at some point we may consider a share buyback.” O’Brien does not have a specific price target in mind, but would like to reward shareholders for their patience. Although price appreciation and dividends are the most common ways to provide returns to shareholders, share repurchases are often seen as a positive sign for a company. One can easily argue that share repurchase programs alter P/E ratios favorably (same earnings + fewer shares = higher EPS), but it all depends on the big picture and long-term fundamentals of a company.

YES, World Production has been increasing over the last 30 years because of new bacteria extraction systems.. Most mines can make money recycling the old tailing that were not process as to lack of gold.

[verrip1]

Sept 12, 2011 7:34:27 GMT -5 Small Biz Owner said:

Isn't it funny how all of the Green States are some of the biggest oil producers in the Country.

Sharp eye tyfighter. Basically financial necessity. Consumer discretionary days are numbered as discretionary income keeps falling. The days of defensive positions in consumer staples, with dividends, will be the only place to be in stocks.

Just another cycle, and not a very deeply felt one so far. By the time the cycles have changed, most people are still sucking the dust from the last move.

[frankq]

Amazing how many $7 an hour jobs can be generated in Texas....

[bimetalaupt]

Oct 12, 2011 17:05:22 GMT -5 frankq said:

Amazing how many $7 an hour jobs can be generated in Texas....

Frank Q,
Did you say I am going to get a pay raise!!! Amazing....What more can you ask for.. Oil is at 100 USD/barrel , water rites are selling for more then the land, 777 are selling for $100 million each and vets for $100,000 each with a super charged 32 valve 800 hp monster under the hood. I drove the GM factory Vet around.. nice machine... now I think I will go back to the ranch and see if I can make a living selling shots to Yankees for $25,000 a shot...load them up in my the Heavy Chevy and drive them around all day before "finding" that spot...I tell them I am the ranch hand.. and my 45/70 is just for looks.. the Russian boars do not like it.. ;D
Duck hunting next week... have rice planted...in the pond.. by hand on the north end!!!
Well Richard Fisher was in town last week and said we could have a double dip because of the EU and lack of action by the ECB.. Hell send them over I let them kill the Buffalo. Tell them to BRING YOUR FANCY MERKEL MODEL K WITH YOU..

HAD FUN RAMBLING.. WITH NO PLAN IN SITE.. I SHOULD BE A CENTRAL BANKER IN LUXEMBOURG.. PUT ON A LOT OF EVENTS AND LET MERKEL DO THE TALKING.. GET CREDIT FOR NOTHING.. SOUNDS LIKE A $7.00 HOUR JOB TO ME..
Bruce

[dothedd]

Sept 14, 2011 23:04:57 GMT -5 @wxyz said:

Bruce, you are a gentleman and a scholar. I have enjoyed all your many posts even if i did not understand some of them.

GOOD MORNING, WXYZ....

I SECOND THAT!

dot

KFU

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[bimetalaupt]

Sept 14, 2011 23:04:57 GMT -5 @wxyz said:

Bruce, you are a gentleman and a scholar. I have enjoyed all your many posts even if i did not understand some of them.

WXYZ,
IT IS ALL ABOUT COST WITH GOLD PRODUCTION.. RED STATES WILL HAVE LOWER COST... yes.. that is one reason gold miners did so well during the great depression and not so well during the WWII

Bruce
K4U

[bimetalaupt]

First: Thank-you all for your kind words.

I thought it was interesting to see the vast amount of rare earth found in Texas..Take beryllium as an example.. looks like the worlds largest development is going to start soon in Far West Texas in or on a Mountain called Round Top.. as this is very interesting but will take a lot of money to make the mine usefull....LINK MY MOTHER SAID ABOUT OIL..DRAIN CHINA FIRST AND THEN MINE OUT THE VAST AMOUNT IN TEXAS!!
Beryllium is uses to make Copper harder etc from Wikipedia

Beryllium is used primarily as a hardening agent in alloys, notably beryllium copper. In structural applications, high flexural rigidity, thermal stability, thermal conductivity and low density (1.85 times that of water) make beryllium a quality aerospace material for high-speed aircraft, missiles, space vehicles and communication satellites. Because of its low density and atomic mass, beryllium is relatively transparent to X-rays and other forms of ionizing radiation; therefore, it is the most common window material for X-ray equipment and in particle physics experiments. The high thermal conductivity of beryllium and beryllium oxide have led to their use in heat transport and heat sinking applications.

The commercial use of beryllium metal presents technical challenges due to the toxicity (especially by inhalation) of beryllium-containing dusts. Beryllium is corrosive to tissue, and can cause a chronic life-threatening allergic disease called berylliosis in some people. Because any Beryllium synthesized in stars is short-lived, it is a relatively rare element in both the Earth and the universe. The element is not known to be necessary or useful for either plant or animal life.

[bimetalaupt]

THERE ARE ALSO GREAT CHARTS FROM DFRB BUT WE CAN NO LONGER POST THEM ON MT..I CAN HOWEVER POST THEM ON SFW..WITH AUSTIN NEW FAB OPENED BY KOREAN GIANT SAMSON IN AUSTIN TO THE MASS DEVELOPMENT IN FRACING IN CHICO AND MIDLAND.. THERE IS A SHORTAGE IN SKILLED WORKERS. GREAT JOBS A GOING BEGGING.. YES,FRANKO THEY PAY A BIT MORE THEN $7.00..LIKE $30/HR FOR TOOL AND DIE MAKERS

The house price index (purchase only) for Texas
published by the Federal Housing Finance Agency
(FHFA) edged down 0.4 percent in the third quarter
and is down 1.6 percent from the previous year.
Texas single-family housing permits rose 3.2
percent from September to October. Housing starts
in Texas rose 4.1 percent in October. October starts
were up 53 percent from last year.
Texas existing-home sales increased by 0.4 percent
in October and are up 9.2 percent year over year.
Home inventories declined to 6.9 months.
Quarterly real Texas exports rose 0.1
percent in the third quarter. The level of
real exports was 11.4 percent higher than a
Exports to Mexico, Texas’ largest export
partner, fell 2 percent in the third quarter.
Exports to the rest of Latin America,
Canada and the European Union rose 0.8
percent, 3.8 percent and 5.9 percent,
respectively. Exports to Asia declined 0.1

[bimetalaupt]

TEXAS HAS ONE OF THE BEST BALLANCED ECONOMY IN THE WORLD.. GREAT EXPORTS AND HUGE POWERHOUSE IN MONEY AND BANKING..RICHARD FISHER IS THE BEST PRESIDENT BAR NONE OF THE 12 RESERVE BANKS AND FAR BETTER THEN BEN B. AT DOING THINGS RIGHT.
Just a thought,
Bruce
Texas wins in U.S. economy shift
www.usatoday.com/money/economy/2011-06-20-state-gdp-growth_n.htm

USA TODAY examined each state's gross domestic product to determine how the country's economic output has shifted within its borders. The data, recently released by the Bureau of

Texas became the USA's second-largest economy during the past decade — displacing New York and perhaps heading one day toward challenging California — in one of the biggest economic shifts in the past half-century.
Economic Analysis, reflect both population growth and income increases — in short, the economic weight of each state.

Texas notched one of the biggest increases in size in a half-century, surpassing $1 trillion in annual economic output. The state gained nearly a full percentage point in its share of the U.S. economy during the decade, reaching 8.3% in 2010. This growth in economic clout has been matched only twice in the past 50 years — by California in the 1980s and Texas itself during the 1970s oil boom.

"We're growing faster than everyone else, and this trend should last a good while," says economic forecaster Raymond Berryhill of Waco, Texas. His state enjoyed "good fortune and good planning" from having natural resources, immigration and successful technology businesses while avoiding the real estate bubble, he says. ;D
TEXAS HAS GROWN 26.8% FROM 2000 TO 2010... OR AN AVERAGE OF ABOUT 2.4% /PER YEARVS 0.31%*4 = ABOUT 1.24%/YEAR FOR GERMANY..

Germany GDP Growth Rate
The Gross Domestic Product (GDP) in Germany expanded 0.5 percent in the third quarter of 2011 over the previous quarter. Historically, from 1991 until 2011, Germany's average quarterly GDP Growth was 0.31 percent reaching an historical high of 2.10 percent in June of 2010 and a record low of -3.70 percent in March of 2009. Germany is the largest economy in Europe. The German economy is heavily export-oriented. In fact, exports account for more than one-third of national output. As a result, exports traditionally have been a key element in German macroeconomic expansion, accounting for over half of the economic growth in recent years. Germany is a strong advocate of closer European economic integration, and its economic and commercial policies are increasingly determined within the European Union (EU). This page includes: Germany GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Germany GDP Annual Growth Rate, which measures growth over a full economic year.

www.tradingeconomics.com/germany/gdp-growth

[wyouser]

Good stuff Bruce. As pertains to Texas, we discussed about a year ago a pilot program on fuel from algae, anybody got any updates on that? The Spanish project would have about 9 years to run before possible production as I recall.

[wyouser]

hey, just as an aside, per the article we beat Texas at the rate of growth...now if you could figure out how to get us 2 more citizens to double our population...man we'd smoke everybody ;D

[bimetalaupt]

Moon,
Please change my header to "Texas has grown quicker then Germany !!!"
Please,
BiMetalAuPt

[bimetalaupt]

Jan 17, 2012 18:00:22 GMT -5 wyouser said:

Good stuff Bruce. As pertains to Texas, we discussed about a year ago a pilot program on fuel from algae, anybody got any updates on that? The Spanish project would have about 9 years to run before possible production as I recall.

WY,
Yes, Texas A&M is working hard on the Genomic Project on B.Braunii Race B. Looks due-able for a super Algae to make real Hydrocarbon in quantities large and fast enough to be of value to firms like Exxon that have pledged billion$$$$ to the project after they produce algae modified as such.

Many think B.Braunii is the algae of the future.. This is the one Spain has work on for years.. It works great to clean up waste water as we have done in the Texas, Also!!!

Exciting.. by the way we grow B.Braunii in my lab and test for clones that will do the same thing..

BiMetalAuPt

[bimetalaupt]

Texas Farm Credit bank is about the same as the Landis Banks in Germany..For the 3rd Quarter the net income grew from $32.7 million to $45.2 Million dollars.. They have an AAA credit rating and are owned by the customers they serve.

Texas Farm Credit Bank serves Texas to Alabama to the east.. It is a great judge of how farming is doing as the BLS excludes Farming from employment.

What Is being talked about would be only the 2nd derivative of Position .. Not first..
IE change in the change... Then is correct.. as in Texas has grown Quicker then

Just a thought,
BiMetalAuPt

[dothedd]

Just for you Bruce..



GOD BLESS AMERICA, and GOD BLESS TEXAS!

Moon, we really need a flag over here.

[bimetalaupt]

Feb 18, 2012 20:14:12 GMT -5 dothedd said:

Just for you Bruce..



GOD BLESS AMERICA, and GOD BLESS TEXAS!

Moon, we really need a flag over here.

Dot,
K4U..

Six flags over Texas.. The Long Flag when Texas was still part of Spain...
www.crwflags.com/fotw/flags/us-txhs.html
Bruce

[wyouser]

Feb 18, 2012 9:47:05 GMT -5 bimetalaupt said:

Jan 17, 2012 18:00:22 GMT -5 wyouser said:

Good stuff Bruce. As pertains to Texas, we discussed about a year ago a pilot program on fuel from algae, anybody got any updates on that? The Spanish project would have about 9 years to run before possible production as I recall.

WY,
Yes, Texas A&M is working hard on the Genomic Project on B.Braunii Race B. Looks due-able for a super Algae to make real Hydrocarbon in quantities large and fast enough to be of value to firms like Exxon that have pledged billion$$$$ to the project after they produce algae modified as such.

Many think B.Braunii is the algae of the future.. This is the one Spain has work on for years.. It works great to clean up waste water as we have done in the Texas, Also!!!

Exciting.. by the way we grow B.Braunii in my lab and test for clones that will do the same thing..

BiMetalAuPt

Where does the price per barrel on oil need to be for Algae fuel to be feasible? Ive not run across any numbers to date.

[bimetalaupt]

Feb 22, 2012 11:59:22 GMT -5 wyouser said:

Feb 18, 2012 9:47:05 GMT -5 bimetalaupt said:

WY,
Yes, Texas A&M is working hard on the Genomic Project on B.Braunii Race B. Looks due-able for a super Algae to make real Hydrocarbon in quantities large and fast enough to be of value to firms like Exxon that have pledged billion$$$$ to the project after they produce algae modified as such.

Many think B.Braunii is the algae of the future.. This is the one Spain has work on for years.. It works great to clean up waste water as we have done in the Texas, Also!!!

Exciting.. by the way we grow B.Braunii in my lab and test for clones that will do the same thing..

BiMetalAuPt

Where does the price per barrel on oil need to be for Algae fuel to be feasible? Ive not run across any numbers to date.

WY, Thank-you
WE have a number for cost at oil of about $75.00/ 42 gal..Looks interesting esp with the alcohol extraction producing usable cow feed and Vitamin rich extract..

I am working on the business Plan right now..
Best regards,
Bruce

[wyouser]

Thanks Bruce

[Aman A.K.A. Ahamburger]

Some news on Texas T..

How to Play the Texas Tea Momentum
www.zacks.com/commentary/20244/How

Who Benefits
The immediate thought of who benefits rests with the largest players in the oil patch. Chevron (CVX), Exxon Mobil (XOM) and ConocoPhillips (COP) come to mind. The services like Halliburton Company (HAL) and Schlumberger (SLB) could also see some benefit as a result.

[Aman A.K.A. Ahamburger]

Here you go BiMetal...

Mr. Fisher is one outspoken guy.. It's nice to know that I'm not the only person that believes in this rainbow and butterflies story about the resurgence of the USA.

The U.S. Can Grow If We All Act Less Like California, More Like Texas
www.forbes.com/sites/christopherhelman/2012/10/11/feds-fisher-says-u-s-can-grow-if-we-all-act-less-like-california-more-like-texas/?ss=business

Richard Fisher, the outspoken president of the Dallas branch of the Federal Reserve and lonely hawk on the Federal Open Markets Committee, gave a thoughtful (and entertaining) speech yesterday at the Cato Institute.

His core point: America can regain a roaring economy, if only politicians would stop kicking the can and remove the uncertainties that prevent business owners from deploying capital. The addendum: to truly spur growth in jobs, we need to act less like California, more like Texas.

Fisher doesn't think it needs to be that way. He insisted that, given the “proper care and feeding,” the American economy can become like Triple Crown winner Secretariat and pass the rest of the world with a performance akin to Secretariat’s 31-length victory at the Belmont Stakes.

It’s an optimistic outlook. Where does he get it from?

In part from history.......