Thursday, November 3, 2022

"America's Nightmare Winter: Bonner’s 4th and Final Prediction"

"America's Nightmare Winter: Bonner’s 4th and Final Prediction"
by Mike Palmer

"In an effort to help you figure out exactly what's going to happen next in the country and financial markets, and what you should be doing right now, we recently sent a film crew to Europe, to hear from Bill Bonner. If you've never heard of Bonner, that's by design. He's one of the most anti-social and reclusive men on the planet. He spends most of his time at his six massive properties... three in Europe... one in the U.S.... and one each in both Central and South America.

Over the past 40 years, Bonner built what is probably the largest financial research network on the planet. Along the way he's also written three New York Times best-selling books and has launched offices in at least a dozen countries, including India, the UK... even China.

Today, Bonner is going on record with exactly what he believes is about to happen next in America. He calls it his: “4th and Final Prediction: America's Nightmare Winter.” He’s made three other really big macro-economic predictions in his 50+ year career... and each one proved ultimately to be exactly right. I strongly encourage you to hear Bonner's 4th and Final Prediction. You won't find this information anywhere else. That's why we've posted it on our website, free of charge."

Excerpt: "Someday in the future… perhaps on a particularly cold night…America’s entire energy system will collapse. Fuel won’t get delivered. Rolling blackouts will sweep the land. Pipes will freeze. Food in the freezer will go bad. You may shiver in the dark… praying for a little power – for weeks. You’ll be one of the lucky ones. Others – with less margin of error – may fare worse.

Experts tell us if diesel fuel is cut off, it would take only three days before supermarket shelves are bare. In the 72 hours following an energy cut off, almost all businesses would run out of supplies and shut down. And if this continued… in a matter of weeks, civilization as we know it would come to an end. Covid could look like a cakewalk compared to what lies ahead.

We live in an extremely fragile world today. Everything moves by container ship and truck… and almost every ship and truck run on diesel. So when the diesel fuel stops coming, ships stop sailing, trucks stop rolling, goods stop arriving – food, medicine, building materials… everything. When that happens, people die.

You won’t see this reported many places, but the cracks in the system are already appearing… Recently, east coast diesel inventories plunged to the lowest seasonal level in 30 years. And diesel prices nationwide have hit record highs. Desperation is starting to set in. Thieves recently stole $1,700 worth of diesel in Indiana.

Most Americans don’t realize that diesel fuel is the workhorse of the economy. It’s used everywhere to keep trucks, tractors, ships, freight trains, and factories moving. And that’s just the beginning…In the midst of all this… the electric grid won’t be able to light up like it used to.

It will depend more on solar panels and windmills. But in a long spell of darkness and cold, ‘renewable’ power sources are worthless. The remaining fossil fuel power plants won’t be enough to pick up the slack. Some areas will get power. Others won’t. Millions will suffer.

The financial markets, of course, will be thrown into a frenzy. I believe prices for some assets will soar higher than anyone can imagine. Gas prices could touch $50 a gallon. I predict oil will hit $500 per barrel before this cycle is over. For other assets, there will be almost no bid whatsoever.

So, millions will find themselves in the same situation as Sir Walter Raleigh, many years ago here in Ireland–forced to sell once-valuable assets at a pittance. Around my office, we call this inevitable scenario: “America’s Nightmare Winter.” And there’s so much more to it, which I’ll get to in a second.

My guess is this all sounds impossible to you. An exaggeration at best. Maybe you think I’m trying to scare you. But at its core, this story is only partly about fuel and energy sources. The collapse of America’s power grid is just one of the consequences of the two runaway freight trains barreling toward each other on a collision path in our country today. And ironically, as I’ll detail, my warning is nothing compared to the scare tactics being employed by today’s politicians, major media, and universities, who have put us on this dangerous path. But I’m getting ahead of myself. So let me back up."
Click here to view video:
Full transcript here:
Related:
"Only a Few Days Left of Diesel Fuel"
10/27/22: "The US Is About To Run Out Of Diesel Fuel In 25 Days"

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