Following on from my recent editions looking at renewable energy sources, let’s look at geothermal and hydroelectric. Geothermal has its uses in certain locations, but it is the most expensive form of renewable energy generation. Given the locational limitations and high costs, it will not be a major contributor to the elimination of carbon-based energy. […]
By Jim Rickards,
The panels, pylons, wiring, batteries, inverters, and construction costs including running buried conduits a quarter mile from the solar field to my house cost well into six figures.
By Jim Rickards,
Most of the climate models are so defective that they can’t even simulate the past based on known data, let alone forecast the future.
By Jim Rickards,
Climate change is one of the most complex phenomena ever addressed by science and one of the most difficult to model and predict.
By Jim Rickards,
Biden’s decision was destructive for a long list of reasons. The immediate impact was to kill about 10,000 high-paying union jobs with benefits in construction, transportation, and expert services.
By Jim Rickards,
Russia will completely eliminate dollar holdings from its US$119 billion National Wealth Fund, which is a sovereign wealth fund that holds oil wealth for the future benefit of the Russian people.
By Jim Rickards,
In 1980, China formally introduced its one-child policy, which limited couples to only one child. This was not a mere policy suggestion…
By Jim Rickards,
Shiller sees bubbles in stocks, homes, and crypto. Crashes in one market quickly lead to crashes in others…
By Jim Rickards,
The dollar value of one bitcoin dropped from US$50,000 to US$35,000 over the course of 14–21 May — a 30% crash in a matter of days.
By Jim Rickards,
There is no question that China’s growth has been enormous. Several hundred million people have been pulled from poverty.
By Jim Rickards,
Investment ideas from the edge of the bell curve.
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