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Bert Dohmen Warns “Forget Global Warming – The True Danger may be Global Cooling”
Bert Dohmen Warns “Forget Global Warming – The True Danger may be Global Cooling”
“The ultimate ignorance is the rejection of something you know nothing about yet refuse to investigate.” ― Dr. Wayne Dyer
Because of the winter storm disaster in Texas and some other states, and the “global warming” crowd telling us it is the result of not doing enough with “green energy,” I want to give you my thoughts on the subject, citing my research over the years.
In our latest Wellington Letter (published February 21, 2021), we commented on the latest storm:
The power outages: Everyone knows about the winter storm that knocked out power for days in Texas. The news has been monopolized over the past several days. People are freezing and stores are empty. It’s bad enough to have no power and no heat for many nights and days, but now other people who had power are getting their electrical bills. According to one article:
“One man whose average bill was around $660 per month, now got a bill for $17,000. Oilprice.com estimated that to charge a Tesla would cost a person $900 [during the storm].”
This is the price paid for using an inefficient source of power, namely windmills. Aside from creating mountains of unrecyclable used blades, they are additionally killing millions of birds. How can this possibly be called “green?”
Uranium is now being promoted as a “clean” alternative again. But they still don’t have a method to dispose of used uranium fuel in a safe way. They best they can do is bury it underground and let future generations solve the problem.
…click on the above link to read the rest of the article…
Bert Dohmen Is Uber-Bearish and Here’s Why
Bert Dohmen Is Uber-Bearish and Here’s Why
Here’s what he had to say on Thursday’s podcast:
“Over a year ago we said that we are now in a transition year from a bull market to a bear market and from a growing economy to a recession—and this could be a very deep recession… now we see that we are finally there and more and more people are starting to realize it. But I raise the question here, ‘Is it too late to panic?’ Because…the advice given by so many analysts is ‘Don’t panic, don’t sell, don’t panic.’ And I say, ‘Yes, panic!’ And it’s not too late to panic. Panicking at the right time can save you a lot of money…
I predict in this bear market you will see the majority of stocks—majority meaning over 50% of the stocks—selling at $5 or less. Okay, just put that into your portfolio and see if you should be selling some stocks…
We here other analysts say, ‘Oh, this is nothing like 2008’ and I agree with that, but I say that because I think it’s going to be much worse. 2008 was really a crisis triggered by the subprime mortgage market and the confetti that the Wall Street firms distributed around the world. They took those subprime mortgages, put them into pools, they sold participations in these pools, in these CDOs…they got a triple-AAA rating on all this garbage and sold it around the world and then they started defaulting. That caused ripples throughout the financial system and a global financial crisis, okay; but it was basically a mortgage crisis—that’s how it started.
…click on the above link to read the rest of the article…
