Bad weather may be heading our way. Many very smart voices have raised their volume over the number of alarming red flags pointing to a worldwide environmental catastrophe coming in a few years or decades hence. One voice, coming from the sharp mind of James Lovelock is resounding across the world’s media nearly every day. His solution: get more nuclear reactors online and sequester the carbon dioxide emissions as fast as possible.

What’s the alternative? Move to the Arctic Circle, where you may someday bask year around with temperatures pleasantly at 74 degrees Fahrenheit. According to findings recently published in the journal Nature. About 55 million years ago, there was something called the Paleocene Eocene Thermal Maximum (PETM). In this PETM phenomenon, the entire Earth was heated up by a gigantic release of greenhouse gases, like carbon dioxide. Lovelock has insisted we may see that kind of hot later this century.

Now, another brainy man, with whom we have many chats this year, has issued a special 56-page report, entitled “Investment Implications of an Abrupt Climate Change.” Co-authored by Market Strategist Kevin Bambrough and Eric Sprott, Chief Executive and Portfolio Manager of the world-famous money management firm which bears his name, they present a compelling argument as to why and how global warming and climate change is going to dramatically impact our financial world. You are well advised to read it.

Take Your Pick: Nuclear Energy or Cheap Arctic Land

Aside from optioning to buy vast tracts of land near the Arctic Circle, as Dr. Lovelock’s conclusions force us to briefly consider, what can we do to protect our finances? Global warming, climate change and an apocalypse soon to dawn on the horizon are probably too much reality for the here and now. But, what will you do ten to thirty years from now? This past week, we interviewed Julian Steyn, author of A Brighter Tomorrow, which he co-wrote with U.S. Senator Pete Domenici. A conservative and rational man, even he admitted in an email, “I am afraid I do agree with his (Lovelock’s) concerns.”

If one finds logic within the statistical analysis presented by the United Nations Intergovernmental Panel on Climate Change (IPCC), a rational mind would want to start protecting his finances today in order to ensure future survival for his family and lineage. Esteemed scientists have picked their way through mountains of statistics, charts and projections about what is happening with melting glaciers, rising temperatures, higher sea levels and so forth. They do not like what they see, they are not alone, and the better minds are not endorsing wind farms or solar panels as “the solution.” They see nuclear fission reactors as mandatory, and the faster these go online, the less we will later have to sweat (literally).

Eric Sprott and Kevin Bambrough have laid out a possible solution, a cogent thesis as to why we must stop fooling around now. They didn’t write the report to alarm and cajole you to lynch the next environmentalist or anti-nuke whom you come across. Messrs. Sprott and Bambrough provided a blueprint of what must be done by governments and decision-makers. More importantly, they have given us extremely provocative advice on HOW to protect our finances during the brewing crisis.

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