Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
S&P 500 – Is a 5% Correction Enough? - 6th Dec 21
Global Stock Markets It’s Do-Or-Die Time - 6th Dec 21
Hawks Triumph, Doves Lose, Gold Bulls Cry! - 6th Dec 21
How Stock Investors Can Cash in on President Biden’s new Climate Plan - 6th Dec 21
The Lithium Tech That Could Send The EV Boom Into Overdrive - 6th Dec 21
How Stagflation Effects Stocks - 5th Dec 21
Bitcoin FLASH CRASH! Cryptos Blood Bath as Exchanges Run Stops, An Early Christmas Present for Some? - 5th Dec 21
TESCO Pre Omicron Panic Christmas Decorations Festive Shop 2021 - 5th Dec 21
Dow Stock Market Trend Forecast Into Mid 2022 - 4th Dec 21
INVESTING LESSON - Give your Portfolio Some Breathing Space - 4th Dec 21
Don’t Get Yourself Into a Bull Trap With Gold - 4th Dec 21
GOLD HAS LOTS OF POTENTIAL DOWNSIDE - 4th Dec 21
4 Tips To Help You Take Better Care Of Your Personal Finances- 4th Dec 21
What Is A Golden Cross Pattern In Trading? - 4th Dec 21
Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion - Part 2 - 3rd Dec 21
Stock Market Major Turning Point Taking Place - 3rd Dec 21
The Masters of the Universe and Gold - 3rd Dec 21
This simple Stock Market mindset shift could help you make millions - 3rd Dec 21
Will the Glasgow Summit (COP26) Affect Energy Prices? - 3rd Dec 21
Peloton 35% CRASH a Lesson of What Happens When One Over Pays for a Loss Making Growth Stock - 1st Dec 21
Stock Market Sentiment Speaks: I Fear For Retirees For The Next 20 Years - 1st Dec 21 t
Will the Anointed Finanical Experts Get It Wrong Again? - 1st Dec 21
Main Differences Between the UK and Canadian Gaming Markets - 1st Dec 21
Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion - 30th Nov 21
Omicron Covid Wave 4 Impact on Financial Markets - 30th Nov 21
Can You Hear It? That’s the Crowd Booing Gold’s Downturn - 30th Nov 21
Economic and Market Impacts of Omicron Strain Covid 4th Wave - 30th Nov 21
Stock Market Historical Trends Suggest A Strengthening Bullish Trend In December - 30th Nov 21
Crypto Market Analysis: What Trading Will Look Like in 2022 for Novice and Veteran Traders? - 30th Nov 21
Best Stocks for Investing to Profit form the Metaverse and Get Rich - 29th Nov 21
Should You Invest In Real Estate In 2021? - 29th Nov 21
Silver Long-term Trend Analysis - 28th Nov 21
Silver Mining Stocks Fundamentals - 28th Nov 21
Crude Oil Didn’t Like Thanksgiving Turkey This Year - 28th Nov 21
Sheffield First Snow Winter 2021 - Snowballs and Snowmen Fun - 28th Nov 21
Stock Market Investing LESSON - Buying Value - 27th Nov 21
Corsair MP600 NVME M.2 SSD 66% Performance Loss After 6 Months of Use - Benchmark Tests - 27th Nov 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The Next IMMINENT Global Catastrophe After Coronavirus

Politics / Economic Collapse Jan 01, 2021 - 06:01 PM GMT

By: Nadeem_Walayat

Politics

So the inevitable pandemic in our lifetime that most of the world including the whole of Europe and North America were totally unprepared that had moronic government scientists spouting in the early months that the general public should not wear masks which was due to lack of PPE stock, whilst prime ministers and presidents laughed it off as something that would magically disappear before Easter, instead has had a severe economic and social impact on all of our lives this past year. However given the fast materialisation of vaccines should soon start diminishing in significance of future impact.

So what else is out there lurking in the near mists of time about to have en equal if not greater impact on our everyday lives?

Asteroid impact? Inevitable yes, for instance Apopthis (named after the Egyptian snake god of chaos) is due for a very close rendezvous with Earth in April 2029, which is one of thousands that cross Earths orbit, but the range of probabilities span decades to tens of thousands of years, so not something that can be assumed to be definitely imminent in terms of a catastrophic impact.


So what is the next PROBABLE catastrophic event that we are largely unprepared for, well what comes to mind are coronal mass ejections (CME), which may not do human and other life much harm directly but could bring an end to our electronic civilisation within hours of a direct hit by a major CME that fries our satellites (No more GPS), transformers, wipes data such as bank records and kills general electronics from smartphone's to sending planes dropping from the sky's onto buildings below.

How probable is such an CME event?

VERY probable as the Sun comes out of a solar activity cycle low as measured by sun spot activity, Likely imminent, just as warnings of a pandemic spanning the past 10 years set the scene for an imminent pandemic to plan for that few governments did. The Earth being hit by a massive solar storm within the next 10 to 15 years is VERY PROBABLE, a 80% probability! One only needs to look at the sun spot activity to see that the sun has been relatively quiet for the past 20 years just at a time when smartphone technologies have taking off globally, with many hundreds of satellites going up during this solar quiet time period virtually none of which would survive being hit by a CME.

The sun's quiet period is coming to an end and we are going to see spikes in solar activity that could see a solar mass ejection coming Earths way. The greater the solar activity then the higher the probability of Earth being hit by a solar storm, and it IS going to happen, the Earth WILL be hit by charged particle storms from the Sun the only question mark is the magnitude and will we get a direct hit or glancing blows. Where a glancing blow would still cause some damage and outages whist a direct hit would send us immediately back into a pre electricity age for anywhere from a few days to likely several months! Depending on what electronics failed such as transformers for which there is little backup stock, perhaps only enough to get a few cities up and running whilst most of the rest of the nations remained in blackout.

We have seen what a few hours without electricity can do to some inner city populations, sending them rioting and looting, what will happen if the outages extend to several months! In a world without ANY communications, no internet, no TV and likely NO RADIO due to ionisation of the atmosphere, a complete communications blackout with perhaps the police patrolling on horses with loud speakers to order populations to remain indoors.

Information silence and food shortages within days as every none essential person is forced to stay at home with the army soon patrolling the streets whilst the government organises emergency food rations to prevent starvation. So the Earth being hit head on by an coronal mass ejection will be catastrophic with the impact likely many times worse than the Pandemic we have just experienced perhaps with the world not getting back to normal for several years!

When Did the Earth Last Take a Hit?

The Earth was hit by a glancing blow in March 1989 that knocked out power across large sections of Quebec.

In 23rd July 2012 the Earth had a near miss with a solar super storm that would have knocked the Earth in technological terms back to 18th century. This should have acted as a wake up call for governments but apparently not, maybe the more far sighted tech giants such Google have contingencies in place to protect their data but most small and medium sized corporations are blind to what's around the corner.

How to Protect Your Tech from a Solar Storm

Whilst we have no control over protection of satellites, power stations, transformers and other electronic infrastructure.

However we could all look into how to protect our personal electronic devices from an CME storm that would risk wiping them clean of all data and likely worse make them inoperable.

The easiest first defence is to have them unplugged from the mains, after all there could be as much as 30 minutes advance warning of a CME heading our way. So maybe leave valuable tech switched off and unplugged at night would be a good starting point.

Next would be to have or make a faraday cage from metal mesh, you all already have one of sorts in your homes, your microwave which could save data such as on hard drives and your smartphone during an CME just as along as they are unplugged. So don't throw your old microwave away, keep it in the garage with any external hard drives kept inside it.

Ensure you have a stash of cash because there won't be any electronic banking for a while.

What about a small petrol powered generator, a quick look on Amazon shows generators starting at £230 for a 6500 watt, 3.4kva generator rising to £530 for a 7,500w, 9.4kva generator. And of course you'll need some fuel storage.

Some walking boots? Because you'll want to keep that fuel in your tank (if it's petrol) to power the generator and don't forget no traffic lights for a while.

The whole of this analysis was first been made available to Patrons who support my work so immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

AI Stocks Portfolio Buying Levels Q4 2020 Analysis

  • US Presidential Election 2020 Forecast Review
  • Seeing Stock Market New Highs Through the Prism of AI
  • Stock Market Dow Quick Take
  • AI Stocks Buying Levels and EC ratio Explained
  • Top 10 AI Stocks individual analysis i.e. for Google, Amazon, Apple etc.
  • AI Stocks Buying Levels Q4 2020
  • The Next IMMINENT Global Catastrophe After Coronavirus

My current analysis is focused on the prospects for the US and UK housing markets during 2021, soon to be followed by a stock market trend forecast for 2021.

In respect of which how did my forecast for 2020 fair?

31st Dec 2019 - Stock Market Trend Forecast Outlook for 2020

Dow Stock Market 2020 Outlook Forecast Conclusion

Therefore my forecast conclusion is for the Dow to target a trend to between 30,750 and 31,000 by the end of 2020. For a likely gain of 8% to 9% for the year (on the last close of 28,642).

My series of 2020 stock market analysis will seek to map out multi-month detailed trend forecasts as was the case for 2019. With the first to be completed during January, going into which my expectations are for a correction early 2020. Which given my bullish outlook implies should prove to be a buying opportunity.

Here is how the Dow trended during 2020 and where it ended the year.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your Analyst, wondering if Youtube would be wiped clean following a CME.

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in