On the heels of electrical energy costs skyrocketing throughout the globe that has bizarre folks frightened they gained’t be capable to even afford electrical energy, worry is now constructing that the vitality “doom loop” in Europe is about to set off a 2008-style Lehman collapse.
King World Information word: Take a look at the commentary and charts beneath to know how catastrophic the state of affairs is for Europe and the potential for this black swan to cascade throughout the remainder of the globe.
OUT OF CONTROL: Who Will Pay The Electrical energy Payments?
August 25 (King World Information) – Billionaire investor Kyle Bass simply warned: With EDF’s announcement right now, French energy costs for 2023 are buying and selling €900/MWH with winter costs above €1.500/MWH (or an eye-popping 30X the 5-yr common worth). I’m stunned this isn’t front-page information all around the west.
French Energy Costs For 2023 Buying and selling At A
Jaw-Dropping 30X The 5-Yr Common!
Power Doom Loop In EU Prelude To International Collapse
Luke Gromen: I haven’t seen a doom loop as apparent because the vitality doom loop within the EU for the reason that US banking system doom loop that started spinning in September 2008 after Lehman filed chapter… …after which the SEC modified the principles in a single day & banned quick promoting of the banks. Let’s watch.
Power Disaster Deepens
Holger Zschaepitz: Power disaster deepens w/German Energy and Fuel costs at contemporary data.
German Energy Costs Hit One other File!
Reminder To Personal Insurance coverage Throughout The International Storm
Egon von Greyerz: Given the dishonest instances by which we stay, it will not be sensational to remind standard buyers what most gold buyers already know: Gold is most trustworthy and dependable when dishonest and disloyal markets implode…
Take heed to the best Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
Spectacular Setup For Miners
Fred Hickey: Clearly, nonsensical shorting of gold & silver miners (Silvercrest with 5.2M shares quick&solely 170K shares have traded right now) is the work of algorithmic (pc) buying and selling. However it’s created a powderkeg. If/when the market’s mad canine begin operating in our course… Spectacular rally.
Graddhy out of Sweden: Gold in euros put in a superbly positioned bullish reversal 5 weeks in the past at large assist, as ECB introduced the brand new “limitless TPI”, made-up QE printing instrument. Now it has damaged out above blue line, which can be the weekly cycle pattern line. Synced CB foreign money debasement.
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One Of The Most Vital Interviews Of 2022
***To take heed to one of the essential interviews of 2022 that includes the good Nomi Prins CLICK HERE OR ON THE IMAGE BELOW.
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