Grid Down, Power Up

“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” [The Wiggin Sessions] December 10, 2022 [WEBSITE]( | [UNSUBSCRIBE]( Grid Down, Power Up “If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” ― Nikola Tesla [Addison Wiggin] Addison Wiggin Dear Reader, “Very interesting and informative column this morning,” writes retired engineer Ralph S. “it will probably never be seen or looked at by about 99% of the USA population due to their overall and technical ignorance and political naivety.” We hope more than 99% of the population will take a look. But, oy, yeah, okay. Ralph was commenting on, coincidentally, our discussion with Mark Rossano about the state of the energy markets. You’ll recall earlier this week there was a “targeted attack”, or simply aggressive vandalization, on the energy grid in Moore county in North Carolina. The residents were left without electricity, heat or water during a cooling spell in early December. As I’m sure you’re aware, the attack caused a maelstrom of media speculation about extremism and terrorists and the fragility of the power grid. For us, we simply remembered our Wiggin Session with David Tice about his documentary [“Grid Down, Power Up”](. David’s advocacy follows a libertarian view that we ought to be able to use the utilities locally to both control our own power sources and not be strictly beholden to government guidelines. David’s a little more aggressive than my description of his documentary. He lives in Texas. And lived through the deep freeze of February of 2021. [Our session is worth a listen.]( “One subject that your contributor missed mentioning was The United Sates power condition and potential difficulties with the screaming mimis yelling about ‘green power’,” Ralph continues, “when not realizing that the second most ‘green’ power can be economically generated by nuclear power. We’re either too stupid or technologically ignorant to use nuclear in this country. Pardon my bias as a retired electrical engineer who spent most of his career working for a Federal Department of Energy Electrical Power distribution laboratory. Best wishes, and keep the informative columns coming.” Mr. Rossano’s understanding of the energy markets and supply chain far exceeds my pea brain. But he’s articulate and explains his investment ideas well. Check out this week’s offerings below. Enjoy - Addison --------------------------------------------------------------- 5 December 2022 [Crazy Rich Saudis, OPEC+ & the Global Energy Crisis with Mark Rossano]( [Click here to learn more]( The grid going down in Moore County, North Carolina, yesterday by “targeted gunfire” left 40,000 residents without power or water. It’s getting a bit chilly for that kind of incident. An investigation is underway. The war over land and energy overseas in Ukraine, already has Americans from Texas to New England bracing for insane rate hikes in utilities and heating oil. “Do you really want to play chicken with Mother Nature?” Mark asks. We realize after our discussion, the crisis could be even more serious than we first thought. [Continue reading…]( --------------------------------------------------------------- 6 December 2022 [A Supply Chain Profit System?]( [Click here to learn more]( Ever wondered how to make money off our supply chain woes? Well, over the last few months Mark Rossano and his team have been working on something they’ve been calling The FRAC390+ System… It’s the code name for a trading indicator his fund management clients have been using for a while and pay up to $125k a year for. He designed this “Starting Gun” Moment indicator to isolate short-term price moves on a handful of supply chain stocks. [Continue reading…]( --------------------------------------------------------------- 7 December 2022 [Where the Sun Don’t Shine!]( [Click here to learn more]( So Nice, They froze it twice. As we head into winter, different U.S. regions are warning about power prices ripping higher. The New York Grid was the most recent, saying power prices may rise 20 to 30% this winter. The issue with winter power is the reduced efficacy of renewables during these periods. Solar intensity dwindles significantly impacting solar while wind speeds can vary straining natural gas and coal power plants. New York City natural gas prices for January are over 60% higher versus last year and Consolidated Edison expects power bills to climb 22%. [Continue reading…]( --------------------------------------------------------------- 8 December 2022 [It’s In The Russian Oil Price Cap]( [Click here to learn more]( We're going to look at the Russian price cap now that it's officially agreed upon. What does it mean? Relatively nothing. Before we get started there are two terms we need to define: “Urals” and “ESPO”. “Urals” refers to an oil brand used as a basis for pricing of the Russian export oil mixture. It is a mix of [heavy sour oil]( of Urals and the Volga region with light oil of Western Siberia. [Continue reading…]( --------------------------------------------------------------- 9 December 2022 [Turtlenecks Don’t Solve Energy Crises]( [Click here to learn more]( When we started our fund in 2019, we looked at the market and we saw a lot of opportunity in the private sector, not so much the public sector. We saw a global shortfall of energy infrastructure. Now that's obviously a massive term. What does that mean? We wanted to bucket it into three locations. One is hydroelectric. The second is fertilizer production. The third is renewable diesel refining. We saw a shortage of base load power, and we wanted to find a way that we could capitalize on the green movement while providing base load that is going to be there 24/7. Then we turned and we said there was a global food shortage. Fertilizer is massively energy intensive. [Continue reading…]( --------------------------------------------------------------- Enjoy your weekend, [Addison Wiggin] Addison Wiggin Founder, The Wiggin Sessions P.S. We talk about a lot of dire things here in the Wiggin Sessions. But it’s at least worth pointing out the Dow is up almost 4% for the month. That’ll be a useful thing to keep in mind when we talk to Martin Armstrong next week. Sponsored by Legacy Research Former Goldman Sachs Exec Who Predicted 2008 & 2020 Says This is NEXT… [Click here to learn more]( Life in America is not as it seems… And thanks to recent unprecedented decisions by a strange force of unelected officials… Americans may now experience a level of financial insecurity and suffocation of freedoms bigger than the crisis of 2000…2008… and 2020 - [COMBINED.]( Months from now we may look back to – this moment – as the endof the middle class. Stephen Roach, a former chairman at Morgan Stanley, says: [“U.S. living standards are about to be squeezed as never before.”]( Newsweek says: “[This] Will Be The End of American Freedom.” And HuffPost says: “[This] Is Making The Rich Richer, and Leaving You Behind.” But a new “boots on the ground” investigation reveals Americans will be forced to make a drastic decision… Become one of the ‘new poor’ in America… Or the ‘new rich’. While everyone else could end up in[“Permanent Recession”](. [Click Here To Get The Details](. Ed note: Got something to say? Send your feedback to The Wiggin Sessions [here.](mailto:WigginSessions@5minforecast.com) LISTEN ON [The Wiggin Sessions]( The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Consilience, LLC. delivering daily email issues and advertisements. 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