Exactly one week ago, Prime Minister Gaston Browne surveyed the damage on his tiny Caribbean island of Barbuda and declared that Hurricane Irma had completely devastated the island and left 90% of all dwellings leveled. Browne went on to say that Irma's "absolute devastation" meant that Barbuda was "basically uninhabitable" for the 1,800 people who called it home.
The last week - since China unveiled its hypocritical plan to ban petrol cars - has seen record inflows into Lithium-related funds.
Trading volumes have exploded higher and prices for LIT (the Lithium and Battery Tech ETF) are back to near 6 year highs.
h/t @EricBalchunas
Never one to miss out on an opportunity, LME is reportedly looking to introduce a contract for lithium (via Mining-Journal.com)...
Authored by Mac Slavo via SHTFplan.com,
A volatile storm has ignited a slew of 40,000 lightning strike in southwestern California.
The strikes have hit Los Angeles, Santa Barbara, San Luis Obispo, and Ventura counties – all between September 10-11.
One could be forgiven for believing that, with all this talk of the coming “climate catastrophe,” Americans would be scrambling to flee Hurricane-prone states like Texas and Florida. The reality is just the opposite: Thanks to their low cost of living, and minimal taxes, Florida and Texas are among the states in the US where populations are rising via interstate migration. Contrast that with Connecticut, which is far less vulnerable to hurricanes, and where the population drain has accelerated dramatically in recent years.
Authored by Mac Slavo via SHTFplan.com,
Almost half of Florida’s citrus crops were destroyed during the hurricane and when Florida farmers survey the damage caused by Hurricane Irma, and most are saying it’s the worst destruction to their farms that they’ve ever seen.