The world is totally unprepared for the implications of the Energy Cliff on the global economy, financial system, and most asset values. I spoke with Dave at Goldcore TV about the “Real Causes” of the global energy crisis. While many believe this energy crisis is “temporary,” it’s not… it’s permanent.
Why? It has to do with the world oil industry now facing the Red Queen Syndrome. Thus, the ability of the world’s oil industry to maintain oil production at such a high current level is becoming impossible, soon leading to the ENERGY CLIFF. This factor is overlooked by government leaders, economists, and the mainstream media.
This is why it is important for investors to have exposure to physical precious metals as they Store Wealth because they Store Energy Value, and have done so for 2,500 years. When we understand that the complex global economy is nothing more than burning energy to produce goods and services, then money should be gold and silver. Fiat money doesn’t store energy value; rather… it’s a claim on future energy consumption.
I have posted the GoldCore TV interview below but wanted to share with subscribers and followers that we sponsor Cloud Hard Assets at the SRSRoccoReport.com, because we believe they provide some of the best precious metals prices and services in the market. I continue to compare Cloud Hard Assets prices versus the leading Top Online Precious Metals Dealers, which we all know by name, and find Cloud typically has lower prices. So, if investors are happy with their current precious metals dealer… GREAT!! But, if they want to save money, I suggest you find dealers who provide lower prices and excellent service… as does Cloud Hard Assets.
Today, I checked the top four online precious metals dealers’ 2022 Canadian Maple Leaf Silver Coin prices and compared them to CLOUD HARD ASSETS. You be the judge.
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Enjoyed the interview. It was a nice review of the bigger picture which, hopefully, will connect with a wider audience.
Nice interview. You explained the intermittency problem and the relative benefits of natural gas for making electricity very well. Also, good point about all the geopolitical turmoil between 1962 and 1969 not really affecting the price of oil and gas compared to nowadays. Also, important distinction between a situation and a predicament that should be understood. The interviewer dude was pretty good as well. Cheers.