analyst75

As you may know by now, ESG stands for environmental, social and governance, which are the three factors business managers and investment advisers are implored to take into account when making business and asset allocation decisions.
 
It’s a scam, just like the Green New Deal is a scam.
 
Oil and natural gas are so critical to national security, transportation, home heating and other critical functions that prices are heavily politicized and manipulated for better or worse. The Biden administration has declared war on carbon-based energy sources starting with oil and natural gas.
 
On day one of his administration, Biden closed the Keystone XL pipeline. He has since banned new oil and gas exploration leases on federal lands, handicapped the fracking industry with new regulations, banned offshore drilling and used regulatory powers to stop the building of new refineries.
 
Biden has also pushed through green new scam legislation that showered hundreds of billions of dollars in subsidies for wind turbines, solar modules, electric vehicles (EVs) and EV battery manufacturing.
 
Don’t Tell This to Elon Musk
 
Here’s the problem with these batteries: Despite manufacturers’ efforts to market electric vehicles to the masses, EV models have never been scalable, sustainable or ultimately successful.
 
Plus, the problem of producing enough power for a successful transition from gas-powered vehicles adds major headwinds for the EV market to contend with. No amount of marketing can overcome these fundamentals.
 
The first hurdle is a matter of chemistry. Batteries for EVs are made from cobalt, lithium, nickel, copper and other base metals and compounds. Despite some efficiencies in the manufacture of batteries, there have been no major technological breakthroughs in the specifications for batteries in over 100 years.
 
Batteries have always been the constraining factor for EVs. In 1905, 90% of the taxis in New York City were battery-powered. In the 1950s, 100% of the East German postal system used battery-powered delivery trucks. Golf carts have been a reliable form of EV for decades.
 
The simple fact is gasoline is by far the most efficient way to power an automobile. That will remain the case as far as the eye can see.
 
Urgent Note From James – Response Requested By Midnight
 
I just made a massive change to my Altucher’s Investment Network newsletter.
 
This is one of the biggest changes to a newsletter in the history of our business…
 
As far as I know, nothing like it has ever been done before.
 
I’m adding 3 brand-new benefits to this all-new “Pro level” of Altucher’s Investment Network.
 
And as one of my readers, I’d hate to see you left behind.
 
That’s why – until MIDNIGHT tonight – you’ll be able to upgrade your current subscription to this new “Pro level” by clicking here.
 
Seriously. Just click here now to see how to claim your upgrade.
 
More Problems
 
In addition, all of the chemicals and metals needed to make batteries are either in short supply relative to potential demand (especially lithium) or incur enormous costs in terms of electricity, diesel fuel, heavy equipment, waste and disposal of ore and unwanted byproducts.
 
It’s likely that more coal- and oil-fired electricity generation will be needed to build an EV battery than will ever be conserved by the vehicle itself.
 
Even assuming these chemical- and fuel-based hurdles can be overcome (an unlikely assumption), the U.S. power grid is not close to being able to provide the power needed for a fleet of EVs even a small fraction of the size demanded by the Green New Scammers in the Biden administration.
 
If EV usage grows even slightly more from current levels, we can expect brownouts and blackouts as local and state power grids struggle to keep up with demand.
 
Tesla customers are already starting to complain about long waits at charging stations. Quick-charge gimmicks don’t help if you’re the fifth car in line for a charge. I know some owners who plan take-out dinners on long trips while they wait two hours or more for a charge.
 
Simply put, batteries don’t work at scale for transportation. This has been known for more than a century. Nothing has changed.
 
And for what? The Green New Scam and the environmental component of ESG all trace back to climate alarmism.
 
Garbage
 
Climate alarmism has no basis in observable science. It’s all the result of climate models, which have been consistently wrong about warming because they reflect the biases of their programmers.
 
The climate change models are garbage (and yes, I have studied them and understand the math and complex dynamics and I know why they’re garbage. They can’t even backtest reliably let alone forecast. Like I said, garbage).
 
So the threats of “existential crisis” and “we’ll all be underwater in 10 years” are based on garbage.
 
If you listen to the climate alarmists, they’ll tell you we only have a few years to save the planet. If we don’t eliminate CO2 emissions quickly, the planet will warm, sea levels will rise, storms will intensify, cities will be inundated and lives will be lost to starvation, disease and dehydration.
 
Every one of those claims is empirically false, but that doesn’t stop the global power elite from trying to shut down the oil and gas industries and replace power generation with solar, wind and hydropower or so-called renewable sources.
 
Hardly a Crisis
 
Here are the facts: The best evidence is that the planet is not warming, but it may be cooling under the influence of a periodic minimum in solar flare activity and increased volcanic activity (the two may actually be related), which creates an atmospheric ash layer that cuts down on sun intensity.
 
Sea levels may be rising slightly, but the tempo is about 7 inches in the next 100 years. That’s hardly cause for alarm considering that sea levels rose 400 feet since the end of the last ice age and humans adapted just fine.
 
CO2 is a trace gas that makes up just 0.04% of the atmosphere (400 parts per million) and doesn’t have a major impact as far as science can tell, except that it is essential for plant nourishment.
 
Based upon recent studies, a doubling of carbon dioxide would likely result in a temperature increase of only about 1.5 degrees Celsius. That’s hardly a crisis.
 
But the war on oil continues anyway, and it’s not ending.
 
How to Invest
 
There are many moving parts to this story. Oil has gone through extreme ups and downs over the past five years. The Green New Scam and the mishandling of delicate supply has pushed oil stocks into critical territory.
 
I believe it’s an excellent time to look at select oil stocks. Notice that I said “select.” Not every oil stock will be a winner, even when the price of oil inevitably charges higher.
 
I’m also looking at refining and pipelines, Appalachian coal and the Marcellus shale gas region. I believe they’ll deliver huge gains over the next few years.
 
These are ways to profit from energy, despite the ESG scam.
 
Right here, I talk about my strategy for surviving and thriving through this storm.

Author: Jim Rickards

Profits from free accurate cryptos signals: https://www.predictmag.com/ 
 
 

A TRUE LIFE STORY OF A VETERAN TRADER
 
We were in a midst of a popular monthly traders’ forum when an elderly man on a wheelchair was helped into the hall.
 
The moderator asked us to stand up for the man, whom he called “a soldier on the battlefield of the financial markets.”
 
As the forum was about to be concluded, someone suggested that we allow the professional on a wheelchair to give a short speech.
 
A mic was given to him.  He held the mic and said:
 
“My fellow traders. Thank you for standing up for me, and thank you for giving me a privilege to talk in this forum.
 
I started trading 12 years ago. And I am still trading. I will trade for as long as I breathe. I am one of the most popular Forex traders in this country.
 
Sadly, the one who coached me for Forex trading stopped trading in 2008, because of subprime crises and market crashes. He lacked risk control skills.
 
I pressed on, to become a regular columnist in a popular newspaper, writing about Forex trading on daily basis. I also provided trading signals for people, as well as trading my personal accounts.
 
I have 2 powerful manual strategies that I use. I developed the strategies based on my many years of experience. Trainees who apply my strategies have been sharing wonderful testimonies since.
 
A few years ago, I fell ill. Diagnosis revealed that I had cancer of the bone marrow. I required surgery in a foreign hospital. I gathered all the funds I could gather, and well-wishers and friends also contributed what they could.
 
I was transported to a foreign country (I was already paralyzed).
 
Luckily, the surgery was successful. I can say, partially successful, for the paralysis was partially corrected. I can now speak and use my hands. I can also stand up, but I cannot walk.
 
While I was on a hospital bed and my legs were tied. I was trading profitably on mobile devices. I was even providing trading signals and mentorship to people online.
 
Then, a client couldn’t believe I was providing services to clients on a hospital bed until we connected on Skype, doing video calls. I was seen trading on a bed, while I was strapped to the bed.
 
Several months ago, I came back to my country, and I have continued trading, training and providing signals since then.
 
[He burst into tears].
 
Traders. Let me tell you this. Online trading remains the best tool for financial freedom. Please do anything possible to become a winning trader.
 
Look at my condition now. I am advanced in age. I can only stand up, but I cannot walk. I need crutches and a wheelchair to move about.
 
Imagine. If I was someone who did 9.00 A.M – 5.00 P.M. work, what would be my lot now? My employers would have laid me off. If I was fortunate enough to get anything from them, it could have been exhausted by now.
 
I would have become a beggar by now. Or what makes me special when compared to other handicapped persons who have now become beggars? Clearly, online trading makes the difference!
 
Imagine. If I go to Mr. Henry to beg for $30, I would finish spending it. If I go to Mr. Johnson to beg for $20, I would finish spending it.
 
If Mr. Johnson was kind enough to give me $20 three times. He would eventually stop giving me more money because he got his own responsibilities. He might not pick my calls again; or he would instruct his folks to tell me he is not at home, when I visit him next (to beg for money).
 
This is a lesson you must learn. Please learn from my story. I trade on a wheelchair, and I make money from signals provision, coaching and trading. I can sustain myself, my wife, my 3 kids and my aged mother.”
 
He dropped the mic.
 
And the forum ended.
 
I conclude this articles with the 3 quotes below:
 
“You must be disciplined in following the plan of your trade religiously. Once you have closed your position, you should record everything about the trade. Write down where you wanted to enter the trade, what you expected out of the trade, and what you actually did get out of the trade. Make sure to include notes that will help you learn from the trade, reasoning what actually took place once you entered the trade. Explain why the trade was a winner or a loser. If you keep detailed records, you can learn from past trades and increase your chances of recognizing your strengths and weaknesses. Build on your strengths and stay away from trades you have demonstrated weakness in.” – Andy Jordan (Source: Tradingeducators.com)
 
“Humans are an error based machine, we make mistakes and perfection is never really on our radar despite our best efforts. The realisation that mistakes are at the core of good trading is hard for many to accept as they are locked into the belief that you cannot make money if you get trades wrong. Fortunately there is no nexus between making money and being right. Many, many years ago i discovered that the fewer fucks I gave the more I made. To revert to a past life choice of mine – you could never be a fighter if your expectation was that you would never be hit.” – Chris Tate
 
“Avoid illiquid markets. Be sure to check volume. How much is it on average and is it steady day after day. And perhaps the greatest lesson of all should you happen to leap before you look--never, ever trade on hope or stay in a trade based on hope. If you are wrong, get out. If you don't have the discipline to do that, you shouldn't be trading.” – Joe Ross