I was fortunate to discuss the implications of the coming Energy Cliff with Dave at GoldCore TV last week. Due to Europe being the most dependent on natural gas imports, they have been hit the hardest. We can see this in the huge increase in the price of Dutch TTF natural gas and electricity in Europe.
While the U.S. Henry Hub natural gas price is still below $4, I see coming price spikes as shale gas production declines as domestic and global demand remains strong.
You can check out more GoldCore TV interviews here: GoldCore TV.
With the world heading into deeper troubles in 2021, I sat down and chatted with the folks at Geopolitics & Empire. In the interview, we discussed the impact of the coming ENERGY CLIFF on the global economy and markets. We also talked about how this would impact Green Energy, gold, and the cryptos. While some think we are heading towards a Mad Max scenario, I believe it will be different.
Even though the world is heading towards a collapse, due to the coming ENERGY CLIFF, it will likely take decades to play out. Thus, over time, the situation becomes grimmer. So, for those who want to prepare for the negative impacts of the energy cliff, it’s best to work steadily towards an alternative gameplan than to try to do it overnight. But, as time goes by, it will become more difficult to make the changes.
Unfortunately, as the light-bulb goes off in citizens worldwide, access to country living may become harder in the future as country homes and small farms are snatched up and are no longer sold. I see this as a likely scenario that will play out much similar to individuals stockpiling toilet paper during the pandemic’s early days. Those who get the toilet paper first will have supply while those who come later, might not be able to get any.
However, toilet paper can be replaced, but not the small number of country homes and small farms. Once those are bought up and held by families that realize they are STAYING… it will be hard to acquire these types of properties… even at much HIGHER PRICES.
I will be providing more details in articles and videos on this type of information in 2021 and onwards.
Silver will likely turn out to be one heck of a better investment than gold due to the rarity of the metal and lack of available supply in the future. While gold has stolen the show recently, I’ll bet my bottom Silver Dollar that silver will outperform gold during the next financial-currency crisis.
But, before I provide my analysis, I wanted to make a few comments about the analysts who say that “SILVER ISN’T A REAL INVESTMENT” like gold. I follow many websites and newsletters, and there seems to be this notion that silver is just an industrial metal, and its lousy price performance so far this year, versus gold, proves it isn’t worth of investing.
Yes, it’s true that silver has underperformed gold and may likely experience a paper price selloff once the broader stock markets begin to crash once again. However, at that time, I imagine acquiring silver retail bullion products will even more difficult than it was during March-April.
Regardless, the reason I believe silver will be one of the few KEY INVESTMENTS to own going forward has to do with the dire energy predicament we face… which I label as the ENERGY CLIFF. Unfortunately, most analysts that look at silver as more of an industrial metal do not understand the Falling EROI – Energy Returned On Investment and how it’s impacting the global economy and financial system.
So, they continue to criticize the “Silver Pumpers” or “Silver Hypers” as mere charlatans. I find this simply hilarious when the Federal Reserve just purchased $3 trillion worth of assets in just the past three months. Furthermore, total U.S. public debt increased $25 billion per day in 2020, more than five times the average daily rate over the past decade.
…click on the above link to read the rest of the article…
Olduvai IV: Courage
Click on image to read excerpts
