Blog

Enter a comma separated list of user names.
Blog

Ivan Cholakov/Shutterstock

Deflation Is Winning – Beware!

Expect the ride to get even rougher
Friday, July 24, 2015, 11:03 AM

Deflation is back on the front burner and it's going to destroy all of the careful central planning and related market manipulation of the past 6 years.

Clear signs from the periphery indicate that a destructive deflationary pulse has been unleashed. Tanking commodity prices are confirming that idea.  » Read more

Blog

Alamy

All Hail Our Banking Overlords!

We work for them, plain & simple
Friday, July 17, 2015, 4:39 PM

You really have to be paying attention to see what’s truly going on these days. The keepers of the system, that is the banking elites, now openly control everything -- though you'd never know that by listening to the media. » Read more

Blog

danielo/Shutterstock

Why Greece Is The Precursor To The Next Global Debt Crisis

The Eurozone fantasy will be one of the early casualties
Friday, July 10, 2015, 11:48 AM

There is no way for Greece to fix its debt problem if it keeps the euro as its currency.  Every purported solution that doesn’t address the core cause of the debt is mere theater. » Read more

Blog

vasabii/Shutterstock

In A World Of Artificial Liquidity – Cash Is King

And you'd better have some stashed out of the system
Friday, July 3, 2015, 12:19 PM

It's more crucial now than ever for people to consider extracting a portion of cash from their bank accounts. » Read more

Blog

Mopic | Dreamstime.com

The Global Credit Market Is Now A Lit Powderkeg

And markets are totally unprepared
Friday, June 26, 2015, 12:53 PM

Although the Street seems to agonize over equity valuations and recent price volatility, as I see it the real issue is the global bond market. Why?

Globally, the value of outstanding credit instruments is three times the total value of publicly traded equities. Just which do you imagine is more important to institutional investors? » Read more

Blog

italianphoto/Shutterstock

Credit Market Warning

Long-awaited signs of danger are materializing
Friday, June 19, 2015, 12:50 PM

There are large signs of stress now present in the credit markets. You might not know it from today's multi-generationally low interest rates, but other key measures such as liquidity and volatility are flashing worrying signs. » Read more

Blog

Andrey_Popov/Shutterstock

The War On Cash: Officially Sanctioned Theft

How banks & the government are diminishing your savings
Friday, June 12, 2015, 12:07 PM

You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean?

It means governments are limiting the use of cash and a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are both restricting the amount of cash that can be withdrawn from banks, and limiting what can be purchased with cash.

These limits are broadly called capital controls. » Read more

Blog

TijanaM/Shutterstock

As Goes The Credit Market, So Goes The World

When confidence cracks, we'll see it there first
Friday, June 5, 2015, 11:46 AM

During the prior economic cycle of 2003-2007, one question I asked again and again was: Is the US running on a business cycle or a credit cycle?

That question was prompted by a series of data I have tracked for decades; data that tells a very important story about the character of the US economy. Specifically, that data series is the relationship of total US Credit Market Debt relative to US GDP. » Read more

Blog

James Steidl/Shutterstock

In Denial: We Pursue Endless Growth At Our Peril

A requiem for planet Earth
Friday, May 29, 2015, 10:09 AM

As we've been discussing of late here at PeakProsperity.com, humans desperately need a new story to live by. The old one is increasingly dysfunctional and rather obviously headed for either a quite dismal or possibly disastrous future. One of the chief impediments to recognizing the dysfunction of the old story and adopting a new one is the most powerful of all human emotional states: Denial. » Read more

Blog

Konstantin Sutyagin/Shutterstock

4 Factors Signaling Volatility Will Return With A Vengeance

Buckle up. It's going to get bumpy.
Wednesday, May 20, 2015, 9:43 AM

No one could have predicted the sheer scope of global monetary policy bolstering the private banking and trading system. Yet, here we were - ensconced in the seventh year of capital markets being buoyed by coordinated government and central bank strategies. It’s Keynesianism for Wall Street.

The unprecedented nature of this international effort has provided an illusion of stability, albeit reliant on artificial stimulus to the private sector in the form of cheap money, tempered currency rates (except the dollar - so far) and multi-trillion dollar bond buying programs. It is the most expensive, blatant aid for major financial players ever conceived and executed. But the facade is fading. Even those sustaining this madness, like the IMF, are issuing warnings about increasing volatility. » Read more