COMMENT: Hi Martin,
Happy Holidays. First of all thank-you, you and Socrates are amazing, I have all the wrong instincts as a trader but since I have been following you I have finally turned that around.
Regarding global warming, I only argument I have found effective when trying discussing this topic is: If it was real, then they would do something about the oil tankers and international ships that create more pollution than all of the cars in the world. They even excluded these ships from the Paris accord, showing that its a tax on the people and that they protect the corporations.

“Countries have committed to reducing their
GHG emissions under the Paris Agreement, which aims to limit global warming to well
below 2°C above pre-industrial levels and to pursue efforts to limit the increase to
1.5°C. Despite international shipping being excluded from the Paris Agreement”
Global-shipping-Pollution
Best Regards,

JL

REPLY: This is a very good point. I see the same strategy that the Democrats use in taxation. They always claim to tax the rich. They are against any flat tax because the more deductions and exceptions encourage political donations for special treatment. Small business pays and the big business escape provided they donate money

COMMENT:  Hi Martin,
while I concur with your views that humans are taking too much “credit” for climate change, I can’t say I agree with the chart you posted attributing such minimal reduction in CO2 values to eating a plant-based diet. The fact that eliminating meat from diets gets NO attention from the “it’s all our fault” climate change fraternity for me reinforces the disingenuousness of their argument. They know there’s no public support for eating a plant-based diet, so they conveniently ignore that option, which IMO would be a lot more effective than crippling the world economy with CO2 reductions in other areas. Which of course is unlikely to fix anything.

More power to your Martin.

REPLY: I really question all of these theories they put forth and how they always want to blame us for everything. If we were around with dinosaurs, we would be blamed for that as well. I look at the natural cycles of the climate. I do not think if I drive my car around the block 100 times each day it will get it even a little bit warmer. I lived in London during the 1980s when busses used diesel and in August you could not breathe. I am against pollution and I think anyone in their right mind would agree with that.

I wrote a piece about the Red Tide which the common theme is to blame farmers for the runoff of chemicals. I simply did my research and discovered that there were accounts of Red Tide dating back to 1648. Then during the elections, we had politicians who turned it into a political argument to vote for them to save our beaches and impose regulation to eliminate Red Tide.

People believe what they want to believe. They REFUSE to accept that Mother Nature just may have her own plan in minds and we are no more than a fly on the rear-end of an elephant with no control over where he is going.

There just seems to be a prevailing desire to always blame us for everything as if we are in complete control of nature and the planet. These people who are mounting political efforts to stop farmers from using fertilizers once again lack any comprehension of what would happen to the food supply.

It just seems that to solve any problem they always assume we caused it without the slightest bit of research into the past

Part of the type of events which can alter the climate besides volcanoes which tend to erupt during solar minimum as we have been heading into is meteor impacts. It has been recently confirmed that one of the largest meteor impacts some 19 miles in diameter lies hidden beneath the glacier in Greenland. It is remarkably well preserved but exactly when the impact took place is not exactly known. It is believed that the crater was formed less than 3 million years ago. This proves that there was no major ice at the time and the resulting depression was subsequently covered by ice. So, once again we have people claiming Global Warming will raise sea levels and focus their theories ONLY on post-Industrial Revolution

There are a number of options for growing food inside which can be considered. There are even companies that set up indoor farms for restaurants such as Farmshelf. There are various options you can explore in the world of hydroponics and vertical farms. So there are alternatives for those caught up in global cooling. It is not all doom and gloom. The technology is there and we simply need to plan ahead. As usual, these sorts of ideas will become popular only when it turns very cold

China is also experiencing the coldest day record during December 6 below zero C. Snow is falling in Beijing to Shanghai. It has been in the 70s in Abu Dhabi and in Tampa Florida, so the cold is dipping lower and lower across the planet. Temperatures in China have been held under 4 below zero C on only seven December days since 2000. This is the coldest on record so far. The real question becomes when will people start noticing that the summers are dry and short with the winters getting colder

The Weather Channel just declared that North America just had its most extensive November snow cover in at least a Half-Century. We really face Global Cooling as this is now the third winter which this is becoming the colder with each passing year. It is serious that the emphasis on Global Warming is distracting society to such an extent that we are making no preparation whatsoever to stockpile food reserves which is what we should be doing. As a former hedge fund manager, the best way to always maintain your performance is to assume you are always wrong. That forces you to have Plan B and Plan C with key lines that when crossed you are compelled to take action. We should be stockpiling food as a HEDGE right now. The worst outcome is the Global Cooling trend is wrong, then you have excess food to sell off. Best case is you survive a downturn.

From a timing perspective, if we see next year get colder than this year, that will CONFIRM this is going to get much worse before it will get warm again and that first uptick may not take place until 2026. The computer is showing a commodity rally will arrive after 2020