HALF-FULL REPORT 11/25/22
Electrical Power is the Elephant in the Room.
Russian missiles knocked out the Ukrainian power grid this past week, with much of the nation in darkness.
Lviv, in Western Ukraine, and part of Kyiv appear to be back online as of publishing time. Western nations are scrambling to source every available gasoline and diesel-powered generator for local use while larger military-grade systems are being mobilized.
Electrical grid failure is a severe possibility over much of the world as recent trends in cloud-based computing will drive global demand to 100%, then 200%, then 400% higher within a decade. The most significant driver is cryptocurrency mining.
It has been said that what cannot happen won’t happen. Perhaps it is just a coincidence, but the move to replace national currencies with Bitcoin and similar devices is crashing headlong into the electricity problem. Windmills and solar are toys compared to thermal and nuclear power station output. And these real power plants are being closed.
The result? The US Dollar will fend off the attack from cryptos. It is almost as if the government planned things out this way.
Come on over to the HFR. Let’s talk about the Elephant in the room.
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