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written by reader What is this ‘new energy source’ ???

By westtexaslawrence, February 3, 2016

Billionaire trader says “half the U.S. energy
industry will be bankrupt in 6 months”

Dear Reader,

At this moment, oil is caught in an absolute death spiral.

And a handful of billionaires are quietly dumping oil stocks at an alarming clip…

This mass exodus comes alongside oil’s fall to an 11-year low, dipping below $35 per barrel for the first time since 2004, even lower than the 2008 financial crisis.

This situation is so severe that legendary billionaire energy investor John Arnold says ”half the U.S. energy industry will be bankrupt in 6 months.”

Warren Buffett dumped his entire Exxon position worth over $3.8 billion.

Bill Gates unloaded nearly $1 billion worth of oil stocks.

And George Soros couldn’t get out of oil fast enough, selling off multiple positions…

Pundits would have you believe a temporary ”global supply glut” is to blame.

They couldn’t be more wrong…

The real reason is much more ominous and could push oil as low as $10 per barrel, completely decimating Big Oil and sending the broader markets into a full-blown collapse.

You see, a shocking discovery outside Bern, Switzerland has unlocked a massive supply of free fuel.

Enough fuel, in fact, to power the entire world for 36,000 years.

This fuel is so cheap, so easy to access, and so abundant that Fortune 500 companies – including Google, Apple, and Facebook – are investing billions to move into this technology.

At the same time, nearly every major energy player on the planet is shunning oil in favor of this new fuel. In fact, the U.S. Department of Defense just invested $7 billion in a single day.

And Saudi Arabia’s oil minister, Ali Al-Naimi, says the country is investing $109 billion to bring this new fuel on line and could stop using oil entirely.

Please understand: This is NOT a temporary condition. It is the beginning of the end for Big Oil.

A member of the United States intelligence community, recognized for his work with Presidential citations from Presidents Nixon and Reagan, has stepped forward to reveal exactly how this ”universal fuel” will enable America to declare complete energy independence for the first time in 40 years.

I suggest you review his complete analysis today…

To Your Success,

Mike Ward
Publisher, Money Morning

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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modernrock
6 years ago

solar stocks specifically SUNE previously thinkolatored

👍 236
cajungun13
6 years ago

This company is bankrupt???

👍 6
Jim Tyson
Jim Tyson
6 years ago

LR>There IS no new source of energy.

Well that settles it.

Someone needs to inform all the people who remain heavily invested in low energy nuclear reactions (aka “cold fusion”) and who have demonstrated reproducible results generating significant excess energy (coefficient of performance) using a nickel-hydrogen fuel.

Mark Rogozinski
Mark Rogozinski
6 years ago

Actually Lawrence, that’s not true. HeartWare makes an LVAD (Left Ventrical Assisted Device) where the piston of the device is “levitated by magnets” and the center piston “never wears out” When you combine this technology with others like cold fusion it is actually in reach for humans to operate machinery with pieces that do not have to be lubricated or on use a fraction of lubrication used today.

satisficer
satisficer
5 years ago

same pitch, word for word, November 12
2016