Breakthrough Energy with Joel Garbon

Listen to the Interview MP3 audio file

The Solari Report 2015-02-19


“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!

10 Comments

    • This may be a duplicate, tried to post in the February comments, but it’s not showing up..

      Hi Catherine,

      Your weekly news analysis is a priceless substitute for the rest of the journalism industry, thank you for your service. Would you consider doing a future Solari report on “How To Stay Out of Trouble”, while publishing information that may be challenging to one or more global constituencies? For example:

      * diversify income and information sources
      * is there less pushback on a semi-closed publication (like Solari) vs. an entirely open publication?
      * any book recommendations on the history of satire and other techniques of introducing topics without naming names?
      * your life story could be several movies, do “Junior Catherines” need to walk similar paths to gain the necessary survival skills?
      * how to deal with those who “encourage” occasional distribution of indeterminate info, riding on legitimacy of other coverage

      As time goes by, the number of groups that could possibly become offended by something seems to increase. Just as “old money” can look down on “new money”, does “old governance” look down on “new governance”? E.g. resource-rich startups can be uninformed by unspoken conventions that stabilize older, if flawed, institutions. How can one safely publish to audiences with an ever-expanding diversity of belief and confusion?

      This is a sensitive topic, but important in the “teach to fish” sense. Anything you could safely share would be appreciated. It would be a positive outcome if Solari and your example could inspire the birth of apprentice suns. Especially in comparison to China, where http://aeon.co/magazine/technology/will-china-use-big-data-as-a-tool-of-the-state/ says that:

      ‘public intellectuals’ who have been systematically eliminated over the past three years. With potential rallying points such as opinion leaders or alternative ideologies crushed, the government can view the seething mass of public grievances as a potential source of information, not a direct challenge.

      Rich

      • Yike! Rich, deepest apologies. This posted in the spam – I am not sure why. This is a great idea, so I will calendar one – check out one in the archives called “How to Tell the Truth and Stay Alive.”

  1. I am a swing trader living off my portfolio. Q: What about any asset you hold with a broker in “street name” v.s. the “direct registration” or the paper certificate actually in your name route? Recent changes put you as an account holder way back in the line of creditors, should your broker/bank go bust. Derivative contract counter-parties are of course now first in line ahead of all others. Changing to direct registration or even paper certificates would add extra costs and complexity to what I do, while not all equities are in the direct registration system. Would you add this topic to the Portfolio Strategy question for the 1st quarter wrap please?
    For instance: http://www.dtc.org/dtcpublic/html/lob2/prod6/

    Thanks.

  2. Brilliant interview, Catherine! Joel gave the most easy-to-understand explanation of cold fusion and all of the history around it that I’ve ever heard. In addition, I loved the point you brought up about how sometimes laws of science may be put in place for political purposes as opposed to whether or not the laws are really true and irrefutable…for the purpose of keeping scientific experimentation and discovery away from areas that would really have us breakthrough to new paradigms.

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