Food and Energy Prices May Skyrocket
financialsense.com / By JR Nyquist / June 5, 2013
During the last six months many places around the world have experienced record low temperatures. Already grain crops have suffered. There is speculation by some scientists that we are entering a cooling period. Russian researchers at Pulkovo Observatory, St. Petersburg, are flatly saying that the Sun is putting out less heat. Approximately every 200 years the sun goes into a “solar hibernation.” This signifies a period of lower global temperatures which have historically reduced crop yields, resulting in higher food prices and famine.
The last “solar minimum” affecting planet Earth ended in the second decade of the 19th century, about 200 years ago. Some readers may recall the fate of Napoleon’s army in Russia, with record low temperatures that killed French troops and horses. Cold periods have occurred repeatedly over the last two thousand years resulting in famine and death by freezing, as well as droughts. With lower temperatures come less water evaporation and cloud formation (i.e., lower average rainfall). Already we are seeing higher grain prices from last year’s drought. If this is a trend, we are certain to see even higher food and energy prices next year.
Crops are sensitive to colder weather at all latitudes. Freezing weather in Florida means lost citrus crops. In the Midwest, colder and longer winters signify shorter growing seasons with reduced wheat and corn production. Countries with significant food production located at far north latitudes, like Russia and Canada, could experience a severe reduction in food output, with global consequences.
Black Blade: Thankfully most of us here are well prepped and able to weather the coming storm and rising "inflation tsunami" bearing down on the people around the world. Those who think that the local supermarkets will always have "cheap" food and the gas stations always have "cheap" fuel - good luck.