Jim Sinclair’s Commentary
You know that they know!
The Polar Vortex Is Collapsing — Here’s What That Means for Your Winter Weather
January 18, 2019
The blast of Arctic weather headed for the United States this weekend could be a first sign of still worse things to come this winter, with signs that a circular low-pressure system of swirling winds that normally keeps frigid air locked up at the North Pole has been disrupted and split into smaller parts.
The disruption in this counterclockwise-spinning beast, called the polar vortex, is thought to be caused in part by a warm summer over the Arctic and a relatively cold fall over Siberia. The result for the United States and northern Europe? A severe winter lasting throughout February and possibly into March.
Meteorologist Judah Cohen agreed that the breaking up of the polar vortex could be the culprit for the coming storm. Cohen, the director of seasonal forecasting for the weather risk management company Atmospheric and Environmental Research (AER), based in Lexington, Massachusetts, told Live Science that the coming snowstorms in the United States this weekend are consistent with weather models that predicted severe wintry weather to come in the coming weeks. [Infographic: Earth’s Atmosphere Top to Bottom]
Bill Holter’s Commentary
A wise move.
Wyoming Legislators Want State to De-Risk Investments by Holding Gold and Silver
January 17th, 2019
Cheyenne, Wyoming (January 17, 2019) – A group of Wyoming legislators have introduced three bills this week to de-risk the state’s financial holdings with modest allocations to physical gold and silver in the state’s pension fund, reserve fund, and mineral trust fund.
Introduced by Representative Roy Edwards (R-Gillette) and co-sponsored by 15 others, the Wyoming Sound Money Trust Act (HB 174) empowers the State Treasurer to hold at least 10% of the Permanent Wyoming Mineral Trust Fund in the monetary metals in a depository in or near the state of Wyoming.
The Permanent Wyoming Mineral Trust Fund is the state’s oldest and most well-funded permanent fund with over $8 billion in assets.
Last year, Rep. Edwards successfully passed the ground-breaking Wyoming Legal Tender Act, a measure which reaffirmed that gold and silver are constitutional money and removed all state taxation of them.