by Michael Snyder, The Economic Collapse Blog:
This is going to be one tough winter. On top of everything else we are facing, a very alarming energy crisis is rapidly growing all over the world. Supplies of natural gas and coal are getting tighter by the day, and this is dramatically affecting manufacturing in major exporters such as China. So that means that less stuff is going to be coming across the ocean in the months ahead, and that means that the shortages in our stores are going to be getting even worse. This is really happening, and we are going to have to deal with it.
GOLD UP $5.90 TO $1765.80//SILVER UP 1 CENT TO $22.57//GOLD STANDING JUMPS BY 10,800 OZ AS COMEX GOLD STANDING RESTS AT 48.954 TONNES//SILVER OZ STANDING INCREASES SLIGHTLY TO 8.190 MILLION OZ/ COVID UPDATES/VACCINE COMMENTARIES//IVERMECTIN UPDATES//DR NATE THOMPSON: A MUST VIEW TAPE//TAIWAN INFORMS AUSTRALIA THAT THEY ARE READY FOR WAR AGAINST CHINA//ELECTRICITY BILLS RISE 30% FROM FRIDAY//LA PALMA VOLCANO ERUPTION UPDATES// NEW ZEALAND AND AUSTRALIA COVID LOCKDOWNS UPDATES///CLIF HIGH WITH GREG HUNTER A GOOD INTERVIEW TO WATCH
The incentives must change from “waste is growth” to hyper-efficiency, conservation, right to repair and manufactured objects engineered to last a generation or longer and be recyclable at scale.