This global crisis is about to unleash an even more terrifying one.
August 19 (King World News) – Peter Schiff: Bond yields may be down today, but oil is up 1.5%, above $86. That’s because Treasury traded lower yields for a weaker dollar, which pushes up oil and other commodity prices. That means more economic pressure on the Fed to hike rates, but more political pressure to cut them.
On our national debt, the average coupon on maturities beyond ten years is 3.44%. That’s way below current long-term rates. Buying that debt back now is like a homeowner refinancing a 3.44% 30-year fixed-rate mortgage into a 4% one-year ARM. Who would be dumb enough to do that?
God Help Us: This Crisis About To Unleash Even More Terrifying One
Gregory Mannarino, writing for the Trends Journal: Make no mistake about it. The current energy crisis, soon to be an EMERGENCY if nothing changes, will cause a food crisis.
MAJOR KEY POINT. The pressure will continue to build on the middle class until the middle class is in a state of full surrender. People of the middle class have no will to fight back because they have been so hyper-propagandized, that they have no idea what is even happening to them nor why. With that, they WILL be forced to beg for a “solution…”
A solution which was signed into law last July… (A Return To “The Company Store Model.”). AKA The Genius Act.
A combined energy emergency and a simultaneous food crisis appears to be how the Epstein Class has chosen to implement their final solution into neo-feudalism…….
For months, we have warned that the next stage of this global crisis would not necessarily show up first as empty supermarket shelves.
It would show up FIRST as higher costs, tighter supplies, disrupted trade routes, weaker farmers, reduced fertilizer use, transportation problems and eventually… food becoming increasingly unaffordable…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
MAJOR KEY POINT. The United Nations Food Price Index rose again in July to 131.1, its highest level in more than three years.
WHATS BEING BLAMED? Rising energy costs being directly attributed to the war, Trump’s war, and geopolitical disruption are affecting global agricultural markets.
And now the energy crisis is threatening to pour gasoline right on the problem.
HERE IS AN INCONVENIENT TRUTH… FOOD IS BUILT ON ENERGY………………………………………………………………….
MAJOR KEY POINT. Modern agriculture doesn’t operate independently of the energy system. AND MOST PEOPLE HAVE NO CLUE ABOUT IT.
Diesel runs tractors, combines, and trucks. Fuel moves crops from farms to processors, from processors to warehouses, from warehouses to ports, and ultimately food to stores… then to you.
So when energy breaks, Food WILL get hit. THERE IS NO QUESTION ABOUT IT!
MAJOR KEY POINT AGAIN. Right now the International Energy Agency says the world is experiencing the largest oil supply disruption in the history of the global oil market.
The IEA August outlook now projects a 1.8 million barrel per day global oil deficit during the third quarter…. THAT IS more than twice its previous estimate… while inventories plunged by 69 million barrels in July alone. (I copied and pasted that right from their website).
That is why I continue to believe the next several weeks matter enormously. PREPARE NOW.
The longer the strait remains in its current state of functional collapse, the more the world burns through buffers that were never designed to replace the Gulf indefinitely.
AND THEN THERE IS FERTILIZER…………..
This may be the most underappreciated part of the entire story.
MAJOR KEY POINT. Roughly one third of internationally traded fertilizer normally passes through the strait, and producing nitrogen fertilizer is extraordinarily energy intensive… energy can account for as much as 70% of its production cost.
THEN WE HAVE THIS………..
The World Bank projects average fertilizer prices will rise more than 30% in 2026. Moreover, through the first five months of this year, fertilizer prices were already about 35% higher than during the same period last year.
Think about the “chain reaction.”
A farmer pays more for fertilizer. Then more for diesel. Then more to transport the crop. The retailer then pays more throughout the supply chain.
Eventually somebody receives the bill. AND THAT WILL BE YOU.
We have already discussed this MULTIPLE TIMES GOING BACK MONTHS…. global diesel markets are already straining.
US ultra low sulfur diesel futures surged earlier this month, while US distillate inventories had fallen to approximately 30 year seasonal lows.
Diesel harvests food. Diesel IS one of the lifelines of the economy.
Diesel powers agricultural equipment and much of the transportation system carrying food afterward.
So when people say… “oil prices came down today. The crisis must be ending.” (As usual), they are looking in the wrong spot as politicians get them to “look here, do not look over there.” (Sound familiar?)
So…. THE REAL QUESTION THEN BECOMES.
Can the world continue to move enough crude, refined fuel, fertilizer and agricultural commodities through an increasingly damaged global supply system?
You know how I use cause/effect to get my points across.
With that, here is the current “loop.”
How The Crisis Moves Thru The System.
First energy. Then fertilizer. Then farmers. Then crop yields. Then transportation. Then processors. Then retailers. Then families. YOU.
MAJOR KEY POINT. And this is occurring in real time as the American consumer is already being squeezed from every possible angle, weakening faster. Consumer CONfidence has CRATERED as the economy freefalls…
Consider this.
The danger isn’t merely food scarcity. For millions of middle class people, the initial crisis will be food affordability.
MAJOR KEY POINT. Food can physically exist on the shelf…. and still become increasingly inaccessible to the family standing in front of it.
FINAL MAJOR KEY POINT… STARING INTO THE ABYSS.
IF the energy crisis deteriorates, and becomes an emergency over the coming weeks, (AND THIS IS THE DIRECT TRAJECTORY/PATHWAY WE ARE ON IF NOTHING CHANGES…) the consequences will not remain confined to a Wall St. oil chart.
This WILL migrate.
From the oil field… to the fertilizer plant… to the farm… to the truck… to the supermarket…
To your kitchen table.
$180 Silver
To hear how high Nomi predicts the price of gold and silver will be next year CLICK HERE OR ON THE IMAGE BELOW.
Could The Price Of Gold Surge To $8,000 In Just A Few Months?
To listen to Alasdair Macleod discuss skyrocketing gold, silver, oil, and mining stocks CLICK HERE OR ON THE IMAGE BELOW.
ALSO RELEASED!
Gold Begins Move To $6,000 After US Treasury Bond Purchase Announcement (QE: Money To Be Printed By Fed) CLICK HERE.
Important Update: Gold, Silver, Miners And Commodities CLICK HERE.
This Just Hit Multi-Decade Highs But Here Is The Big Surprise CLICK HERE.
CRASH ALERT: US Stock Market Sees 8th Hindenburg Omen As Gold & Silver Surge CLICK HERE.
Gold Must Close Above This Key Level To Signal New Bull Market Unleashed CLICK HERE.
Nomi Prins Predicts BIS Will Make Silver A Tier 1 Asset Sending Silver Price Skyrocketing To $180 CLICK HERE.
Could The Price Of Gold Surge To $8,000 In Just A Few Months? CLICK HERE.
GOLD: McClellan Warns Investors To Expect A Lot More Downside In US Dollar CLICK HERE.
Colombo – Gold Needs To Break Decisively Above This Key Level To Confirm A Trend Change CLICK HERE.
BUCKLE UP: Gold Price Headed Back Above $5,000 CLICK HERE.
This Leg Of The Gold Bull Market Will Be Violent On The Upside CLICK HERE.
Michael Oliver Says Gold, Silver, Miners Trend Now Positive, Gold Headed To $8,000+ CLICK HERE.
This Is Why The Price Of Gold Surged $430 CLICK HERE.
Silver Price Target Is Hundreds Of Dollars Per Ounce CLICK HERE.
Tavi Costa Interview: Gold, Silver And Mining Stocks Breakout! CLICK HERE.
Gold Soars As This Week’s Massive Intervention Happened Because The System Is Collapsing CLICK HERE.
Tether Now Holds 146 Tonnes Of Gold And 13.5% Of This Gold Royalty Company CLICK HERE.
This Is Why Gold Is Surging, Plus A Look At Grocery Price Inflation CLICK HERE.
Gold & Silver Soaring As The U.S. Goes Nuclear With Massive Debt Explosion CLICK HERE.
WEALTHY BOUGHT THE DIP: Gold & Silver Takedown Was Unleashed So Big Money Could Buy Cheap CLICK HERE.
© 2026 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.
