Re: [OPE-L] The Law of Value and Rib Tips (sunspots and prices)

[Philip Dunn <pscumnud@xxxxxxxxxxxx>]

Quoting Gerald_A_Levy@xxxxxxx:

> What commodity prices are caused to change by sunspots?
 
Sunspots have a measurable effect on crops

THE mysterious sunspot cycle has a subtle influence on crop success, a study of
wheat prices in the US suggests.

The study backs the idea that the cycle somehow affects Earth's climate.
Astrophysicist Lev Pustilnik of Tel Aviv University and Gregory Yom Din, an
agricultural economist at Haifa University in Israel, analysed US wheat prices
during the 20th century. The team did not expect to see a sunspot connection
because of factors such as modern technologies, which make crops more robust in
bad weather.

But they found a link between numbers of sunspots and prices of US durum wheat
(www.arxiv.org/abs/astro-ph/0411165) most of which grows in one part of North
Dakota, where localised weather conditions could have a dramatic impact on
total production.


http://www.newscientist.com/article.ns?id=mg18424742.600

Philip Dunn