If the Old Farmers Almanac is even semi accurate, it looks as though it's going to be another nasty Winter - colder than last year (!) ahead thanks to the sun's activity. According to this video (below) this forecast is nothing to shake a stick at as allegedly they have an 80% accuracy but only time will tell.
Of course, the folks back home in Chicago will immediately roll their eyes and sigh in pure disgust and they have the right to after the "polar vortex" that rolled through the area last January. Not only were schools shut and streets impassable but even expressways, covered with salt as fast as they could spread it, froze and brought commuters and semis to a stand still. Supplies were cutoff across the nation and insurers definitely had to have felt the pain.
Seems I relocated to Texas just in the nick of time! While we still get a few snow days down here below the 40th parallel North (even a inch of snow here paralyzes drivers and shuts down schools), the first thing that jumps into my mind is firewood. Luckily I'm already stocked up on wood from our tornado earlier this Summer. Check.
Next in line: what about trading nat gas? It jumped up over 80% off of the November lows into February. Just take a look at some natural gas names as well as UNL and UNG. It may even be worth taking at look at generator manufacturers such as BGG and see if last years bitter cold helped boost sales.
I say bring it on Old Man Winter. This year, we'll be prepared and have a hedge against those high heating bills. Food for thought as you take the snow blower in for a tune up.
See FBN Video calling for severe cold.
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