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“I do not think there is any thrill that can go through the human heart like that felt by the inventor as he sees some creation of the brain unfolding to success.”~Nikola Tesla
By Catherine Austin Fitts
Oil and gas prices have dropped by almost 50% over the last year, with significant consequence to the values of companies, currencies and the balance of trade between nations.
What is causing this drop? Clearly, the “Oil Card” is at play – the US manipulating prices lower to pressure Russia as part of economic sanctions. No doubt, a slowing global economy is also reducing demand. However, a wide range of new technologies are also at play – from fracking technology to a global smart phone revolution to increasing productivity in material sciences and renewable energy. However, there is always the possibility of breakthrough energy innovations in the mix.
To explore what is happening in breakthrough energy, I asked industrial scientist Joel Garbon, head of the New Energy Movement, to join us on the Solari Report to update you on the innovations underway. What is the likelihood that breakthrough energy may impact the economy in the foreseeable future? Talking with Joel is always a fascinating exploration of what is possible.
If you think G-7 central bank QE is fueling higher stock prices, wait to you see what happens If breakthrough drops in the price of energy should ever happen.
In Money & Markets this week I will discuss the latest in financial and geopolitical news.
In Let’s Go to the Movies, I will review the PBS documentary Tesla: Master of Lightning
Talk to you Thursday!