There are some people out there that thought that global financial markets would be largely unaffected by the war in Ukraine. Those people were wrong. This week, investors have received a very rude wake up call. Stock prices are plunging, commodity prices are going completely nuts, and a very thick cloud of fear has descended upon Wall Street.
The fact that this war has permanently changed economic and financial conditions is starting to sink in, and it is likely that the level of panic will continue to rise in the days ahead.
At this point, even average people on the street are having discussions about the price of oil. Just a few hours ago, it briefly spiked to 139 dollars a barrel…
US crude futures jumped 6% to trade at $123 a barrel. Brent crude, the global benchmark, briefly spiked as high as $139 a barrel before easing back to $125. That’s still a leap of more than 35% in just one month.
We all knew that the price of oil was going to be going up, but very few of us expected this sort of dramatic movement so soon. And as the price of oil goes up, so does the average price of gasoline in the United States. According to Gas Buddy, the all-time record was just broken for the very first time since 2008…
The national average price of gasoline in the U.S. today broke the existing record, rewriting the all-time high to today’s $4.104 per gallon, according to GasBuddy, the leading fuel savings platform saving North American drivers the most money on gas. The previous all-time high was set back in 2008 at $4.103 per gallon, just ahead of the U.S. Great Recession and housing crisis. The national average price of diesel is also nearing a new record, now at $4.63 per gallon, likely to break the record of $4.846 per gallon in the next two weeks.
If you can believe it, some investors are anticipating that things will get much, much worse in the weeks ahead…
Prices to buy call options at higher prices surged Monday as the market assessed the possibility of a supply cut-off from Russia, one of the world’s biggest exporters. More than 1,200 contracts for the option to buy May Brent futures at $200 a barrel traded on Monday, according to ICE Futures Europe data. The options expire March 28, three days before the contract settles. The price to buy them jumped 152% to $2.39 a barrel.
Christian-Driven America-First Precious Metals.
Before markets collapse, the smart play is to move wealth or retirement to precious metals. Contact Genesis Gold now to make it happen smoothly with no hassles from a group driven by fellowship.
A $150-a-barrel call option for the June Brent contract doubled from Friday, according to ICE, while the cost of $180 call options jumped 110%.
It may not happen immediately, but I do believe that we will eventually see oil trade for $200 a barrel. Of course the Russians are even more pessimistic. They are telling us that it could actually reach $300 a barrel.
Instead of doing something to fix this crisis, the Biden administration continues to act as if we are living in some sort of a fantasy world. On Monday, Vice-President Kamala Harris was trotted out to encourage everyone to transition to electric vehicles…
‘We are all in the midst of a turning point. We have the technologies to transition to a zero emission fleet,’ Harris said during the announcement. ‘We can address the climate crisis and grow our economy at the same time.’
Perhaps someone should explain to Harris that the vast majority of Americans can’t afford to purchase a new electric vehicle at this moment. Most of us are just going to have to get by with the vehicles that we have right now, and filling up those vehicles with gasoline is going to become really, really painful.
Meanwhile, wheat futures closed “limit up” once again on Monday…
Among other commodities, the type that actually matter when considering social unrest and revolutions, wheat futures closed limit up again at a record $1,425 translating into an all time high $12.94 per bushel on fear Ukraine and Russian output will be cut off.
The price of wheat has been going higher and higher and higher. Yesterday, when I warned that we were headed into an unprecedented global food crisis, I was not exaggerating one bit. The era of cheap bread is over. It won’t be too long before five dollars for a loaf of bread is considered to be a bargain, and so I would encourage you to stock up now.
✔️ Boost your immune system with Nutraceutical by Dr. Zev Zelenko
✔️ Beat supply chain issues and future pharmaceutical tyranny with 5 Antibiotics Delivered to Your Home
✔️ Be ready to help yourself and your family with the World’s Best Med Kit
I warned about a coming global famine in Lost Prophecies, and I warned about it again in 7 Year Apocalypse. This is not a game, and the things that so many of us have been warning about are starting to come to pass right in front of our eyes. Other commodities are going up even faster than the price of wheat.
If you can believe it, the price of nickel had risen by 82 percent at one point on Monday…
Nickel prices soared as much as 82% to $52,700 a metric ton, the highest in the 35-year history of the contract trading on the London Metal Exchange, as fears over Russian supplies triggered a historic short squeeze according to Bloomberg.
The metal added more than $22,700 to trade at a record-high $52,700 a metric ton. That builds on nickel’s 19% surge last week as banks cut exposure to Russian commodity suppliers because of Western sanctions and shippers, such as Maersk, stay clear of Russian and Ukrainian ports.
82 percent in one day! Nickel is used in countless products. You will find it in batteries, in stainless steel, in coins and even in guitar strings. And it turns out that Russia is a significant player in the global nickel industry…
Russia is a large producer of nickel, supplying about 6% of global demand, according to Bloomberg. Over 70% of the nickel production is used in stainless steel. And 7% goes into EV batteries, where demand is growing in leaps and bounds. But EV batteries use highly pure “Class-1” nickel, of which Russia’s MMC Norilsk Nickel PJSC produces 17% of the supply.
As commodities soar, stock prices continue their alarming plunge. On Monday, we actually witnessed the worst day of the year for both the Dow and the S&P 500…
Stocks fell again on Monday, following four straight weeks of declines, as investors grew increasingly concerned higher energy prices stemming from the Russia-Ukraine conflict would slow the economy and raise inflation.
The Dow Jones Industrial Average lost 797.42 points to close at 32,817.38, dragged down by a nearly 8% loss in American Express. The S&P 500 declined close to 3% to 4,201.09, falling deeper into correction territory. The 500-stock average sits more than 12% from its record close. The Nasdaq Composite lost 3.6% to 12,830.96, and now sits in bear market territory, more than 20% from its all-time close.
The fact that the Nasdaq is now in bear market territory doesn’t tell the whole story. At this point, there are quite a few tech stocks that are already down more than 75 percent from their all-time highs. There is carnage everywhere that you look on Wall Street, and many are wondering if the big crash is finally upon us.
I don’t have an answer to that question, but things certainly don’t look good. The markets have been teetering on the brink of a precipice for a long time, and now the war in Ukraine may finally be the event that pushes us over the edge.
***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***
✔️ Boost your immune system with Nutraceutical by Dr. Zev Zelenko
✔️ Beat supply chain issues and future pharmaceutical tyranny with 5 Antibiotics Delivered to Your Home
✔️ Be ready to help yourself and your family with the World’s Best Med Kit
Image via Shutterstock. Article cross-posted from The Economic Collapse Blog.
Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
Our network is currently comprised of six sites:
- NOQ Report
- Conservative Playlist
- Freedom First Network
- Based Underground
- Uncanceled News
- Our Gold Guy
We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
While donations are the best way to help, you can also support us by buying through our sponsors:
- MyPillow: Use promo code “NOQ” to get up to 66% off AND you’ll be helping a patriotic, America First company.
- ZStack: Improve your immune system with the Z-Stack protocol or rejuvenate your body from vaccines or shedding with Z-DTox by Dr. Vladimir Zelenko.
- OurGoldGuy: Tell them JD sent you in your request to buy gold and it will help us… AND (wait for it) you’ll be helping a patriotic, America First company.
- MyPatriotSupply: Stock up on long-term food, survival gear, and other things that you’ll need just in case things don’t recover and we keep heading towards apocalypse.
We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
Thank you and God Bless,
JD Rucker
Bitcoin: 32SeW2Ajn86g4dATWtWreABhEkiqxsKUGn