by Jim Rickards, Daily Reckoning:

Gas prices have been rising again over the past few months. And you can expect them to shoot even higher after the upcoming midterm elections. Here’s a major reason why, preceded by some background…
The Strategic Petroleum Reserve (SPR) was established by President Ford in 1975 in the wake of the first Arab Oil Embargo in 1973 and a quadrupling of oil prices from 1973–1974. The idea was to protect U.S. national security by building up a reserve that could be used in emergencies.




A voter analytics firm harvested data from millions of Americans’ cellphones during the 2020 COVID-19 lockdowns and used the data to assign phone users a “COVID-19 decree violation” score and a “COVID-19 concern” score, according to a whitepaper released by PredictWise, the firm that harvested the data.
Professor John P. A. Ioannidis of Stanford University found that the median COVID infection fatality rate was just 0.05% up to 69 years of age.
A smoking gun?



