Peak Prosperity News Feed en The Environment: Depleting Resources - Crash Course Chapter 23 ]]><p>The bottom line is this:&nbsp;we, as a species, all over the globe, have already mined the richest ores, found the easiest energy sources, and farmed the richest soils that our Environment has to offer.</p> <p>We have taken several hundreds of millions of years of natural ore body, fossil energy deposition, aquifer accumulation, soil creation, and animal population growth -- and largely burned through them in the few years since oil was discovered. It is safe to say that in human terms, once these are gone, man, they&rsquo;re gone.</p> <p><a href="" target="_blank">read more</a></p> Blog Bingham Canyon mine Chris Martenson copper debt economic growth energy environment Exponential Growth money net energy oil ore grade primary wealth Resources resourse depletion Fri, 28 Nov 2014 19:44:31 +0000 Adam Taggart 89245 at Treebeard: Becoming The Change We Wish To See ]]><p>Here at Peak Prosperity, we follow a lot of the problems and challenges of the world around us and explore what can be done in response to them. And in seeking solutions, we have to remind ourselves that if we want the world to be different in some way, the only way to begin changing it with 100% certainty is by changing ourselves. In the end, we are responsible for how we perceive and relate to what&#39;s happening around us, and true change begins with taking ownership of what our reality is, and what we want it to be.</p> <p>For such a heady topic, we&#39;ve responded to previous requests from the community and invited our own philosopher-in-residence Andrew Graves -- better known as&nbsp;Treebeard&nbsp;on the site -- to expound on the topic.</p> <p><a href="" target="_blank">read more</a></p> Podcast Andrew Graves change Featured Voices love reality treebeard Sun, 23 Nov 2014 13:50:51 +0000 Adam Taggart 89079 at Energy & The Economy - Crash Course Chapter 22 ]]><p>In the past few chapters on&nbsp;<a href="" target="_blank">Energy Economics</a>,&nbsp;<a href="" target="_blank">Peak Cheap Oil</a>, and the false promise of&nbsp;<a href="" target="_blank">Shale Oil</a>, we&#39;ve gone into great detail to show how our economic growth is deeply dependent on our energy systems.</p> <div> <p>Understanding the known facts behind this story, as well as each of the stated risks is what <a href="" target="_blank">The Crash Course</a> is about: assessing those risks and deciding what, if anything, a prudent adult should do about adapting to these realities and facing these risks.&nbsp;</p> <div>&nbsp;</div> </div> <p><a href="" target="_blank">read more</a></p> Blog Chris Martenson Crash Course economic growth economics economy energy peak oil shale oil Sat, 22 Nov 2014 01:17:39 +0000 Adam Taggart 89081 at Eric Sprott: Global Gold Demand Is Overwhelming Supply ]]><p>Precious metals have had an especially tough go of it over the past month. Both gold and silver are back in price territory last seen in 2010.</p> <p>Eric&nbsp;Sprott&nbsp;returns to the program to discuss the facts as we know them in this market, and what&#39;s likely to happen from here. Specifically, he explains the tremendous imbalance currently seen between global supply and demand for precious metals. In his view, prices will have to correct upwards -- prodigiously -- to bring the two back in alignment.</p> <p><a href="" target="_blank">read more</a></p> Podcast China COMEX Eric Sprott gold Manipulation precious metals Shanghai silver Sun, 16 Nov 2014 16:11:43 +0000 Adam Taggart 88731 at Shale Oil - Crash Course Chapter 21 ]]><p class="p1">If you&#39;ve watch the previous video chapter on&nbsp;<a href="" target="_blank">Peak Cheap Oil</a>,&nbsp;you may be wondering how any of that could be still be true given all the positive recent stories about shale oil and shale gas , many of which have proclaimed that &ldquo;Peak Oil is dead&rdquo;.</p> <p class="p1">The only problem with this story is that it is misleading in some very important ways. And entirely false in others.</p> <p><a href="" target="_blank">read more</a></p> Blog Bakken Barnett Shale crude oil Eagle Ford energy EROEI Fracking net energy peak oil petroleum saudi arabia shale gas shale oil Fri, 14 Nov 2014 23:38:42 +0000 Adam Taggart 88873 at The Consequences of a Strengthening US Dollar ]]><p>In early September, I made the&nbsp;<a href="" target="_blank">case for a rising U.S. dollar</a>.&nbsp;Since then the dollar has continued its advance, and is now breaking out of a downtrend stretching back to 2005&mdash;and by some accounts, to 1985.</p> <p>So what does this mean for the global economy?</p> <p><a href="" target="_blank">read more</a></p> Blog capital flows Charles Hugh Smith China credit currency debt deflation dollar economy Euro Fed Federal Reserve inflation Japan money QE quantitative easing Yen Wed, 12 Nov 2014 15:21:52 +0000 charleshughsmith 88728 at John Hussman: The Stock Market Is Overvalued By 100% ]]><p>John&nbsp;Hussman&nbsp;is highly respected for his prodigious use of data and adherence to what it tells him about the state of the financial markets. His regular&nbsp;<a href="" target="_blank">weekly market commentary</a>&nbsp;is widely regarded as one of the best-researched, best-articulated publications available to money managers.</p> <p>John&#39;s public appearances are rare, so we&#39;re especially grateful he made time to speak with us yesterday about the precarious state in which he sees global markets. Based on historical norms and averages, he calculates that the&nbsp;ZIRP&nbsp;and QE policies of the Fed and other world central banks have led to an overvaluation in the stock market where prices are 2 times higher than they should be.</p> <p><a href="" target="_blank">read more</a></p> Podcast bonds central banks crash duration Fed Federal Reserve financial markets GDP Japan John Hussman Markets QE quantitative easing reversion to the mean S&P 500 stock market stocks valuation ZIRP Sat, 08 Nov 2014 21:04:00 +0000 Adam Taggart 88702 at Peak Cheap Oil - Crash Course Chapter 20 ]]><p>Energy is the lifeblood of any economy.&nbsp; But when an economy is based on an exponential debt-based money system and&nbsp;<em>that</em>&nbsp;is based on exponentially increasing energy supplies, the supply of that&nbsp;<em>energy</em>&nbsp;therefore deserves our very highest attention.</p> <p>What&rsquo;s clearly at work here is that we&rsquo;re finding more oil, but it&rsquo;s expensive. Yet total global demand for oil will climb as developing countries expand their economies and world population continues to grow. Competition for hydrocarbons will become more fierce than it has ever been.</p> <p><a href="" target="_blank">read more</a></p> Blog Admrial Hyman Rickover bell curve James Howard Kunstler Kenneth Deffeyes M. King Hubbert Matt Simmons net energy peak cheap oil peak oil petroleum richard heinberg Robert Hirsch shale oil Thom Hartmann Fri, 07 Nov 2014 23:31:45 +0000 Adam Taggart 88677 at Central Planners Are In A State of Panic ]]><p>Everything the central planners have tried has failed to bring widespread prosperity and has instead concentrated it dangerously at the top.&nbsp; &nbsp;Whether by coincidence or conspiracy, every possible escape hatch for 99.5% of the people has been welded shut.&nbsp; We are all captives in a dysfunctional system of money, run by a few&nbsp;<em>for</em>&nbsp;the few, and it is headed for complete disaster.</p> <p>To understand why, in all its terrible and fascinating glory, we need look no further than Japan.</p> <p><a href="" target="_blank">read more</a></p> Blog black swan BOJ central banks Chris Martenson ECB Fed Federal Reserve interest rates Japan Thu, 06 Nov 2014 13:36:38 +0000 cmartenson 88617 at Ted Butler: The Silver Nightmare Will Be Over Soon ]]><p>Halloween couldn&#39;t have been more terrifying for silver investors. The gray metal cracked under $16/oz on Friday, a price not seen for nearly half a decade.</p> <p>For years now, it has seemed like silver has been beaten down so badly its price couldn&#39;t go lower. But then it has.</p> <p>Why has silver seen such a gut-wrenching price decline? (now down 2/3 compared to its high in late 2011). And will it ever see brighter days again?</p> <p><a href="" target="_blank">read more</a></p> Podcast COMEX gold silver Ted Butler Sat, 01 Nov 2014 18:20:23 +0000 Adam Taggart 88558 at