Peak Prosperity News Feed en How Much Higher Can The U.S. Dollar Go? ]]><p>Our first observation is that trends in the USD tend to last for some time, so if this rally follows the pattern of previous rallies, it&rsquo;s unlikely to have run its course in one year.</p> <p>Secondly, previous rallies paused for a multi-month consolidation period before launching upward for the second leg of the long-term rally.</p> <p>Thirdly, the USD rose sharply to previous peaks and then round-tripped back to the 80 level.</p> <p>This raises the question: How high could the dollar rise in this rally?</p> <p><a href="" target="_blank">read more</a></p> Blog carry trade Charles Hugh Smith currency currency crisis dollar USD Wed, 25 Nov 2015 17:11:54 +0000 charleshughsmith 95410 at Mike Maloney: The Rollercoaster Crash ]]><p>Precious metals sank to 5-year lows during this past week. The long painful price decline that began at the end of 2011 still continues unabated. Holders of gold &amp; silver are understandably wondering if their faith in precious metals has been misplaced.</p> <p><a href="" target="_blank">read more</a></p> Podcast Bitcoin central banks currency Fed gold Mike Maloney monetary history money precious metals rollercoaster crash silver Sun, 22 Nov 2015 16:53:44 +0000 Adam Taggart 95423 at What Money Means ]]><p>There&#39;s no doubt that money is important. There&#39;s good reason why most of us devote a huge percentage of our lives to pursuing it.</p> <p>But there&#39;s much about money that is misunderstood.</p> <p><a href="" target="_blank">read more</a></p> Blog Book financial capital money Prosper Prosper! Tue, 17 Nov 2015 20:43:28 +0000 Adam Taggart 95374 at Charles Hugh Smith: Fixing The Way We Work ]]><p><a href=";camp=1789&amp;creative=9325&amp;creativeASIN=1517160960&amp;linkCode=as2&amp;tag=peakprosp-20&amp;linkId=GWBWGEYWN55TWHWX" target="_blank"><img alt="" src=",204,203,200_.jpg" style="width: 131px; height: 200px; margin-left: 10px; margin-right: 10px; float: right;" /></a>Charles Hugh Smith returns to the podcast this week to discuss the theme of his new book <a href=";camp=1789&amp;creative=9325&amp;creativeASIN=1517160960&amp;linkCode=as2&amp;tag=peakprosp-20&amp;linkId=GWBWGEYWN55TWHWX" target="_blank">A Radically Beneficial World: Automation, Technology and Creating Jobs for All</a>.</p> <p>Automation and artificial intelligence are changing the landscape of work. Tens of millions of jobs are on track to be eliminated over the next decade or so by these advancing technological innovations in the US alone.</p> <p>The way in which our current economy is constructed, the fruits of those cost savings are likely to go into a very small number of private pockets, while the millions of displaced workers will find themselves with no income and no work to do. It&#39;s a huge looming problem that is not being address in national dialog right now.</p> <p>But there&#39;s opportunity to course-correct here. To use our new technologies to increase total productivity in a way that empowers rather than diminishes the individual worker.</p> <p><a href="" target="_blank">read more</a></p> Podcast artificial intelligence Automation Book Charles Hugh Smith jobs robotics Robots wealth gap work Sun, 15 Nov 2015 18:34:21 +0000 Adam Taggart 95323 at Johnson O'Connor: Finding Your Purpose ]]><p><em>What should I do with my life?</em></p> <p>As existential questions go, this one&#39;s a biggie. Each of us, to varying extents, continually wrestles with answering it as we make our way in the world.</p> <p>But tackling such a big question is really hard, and often overwhelming for most of us. How do we know where to start? How do we know what we truly enjoy? What we&#39;re truly good at? &nbsp;What truly fulfills us?</p> <p>Having solid, science-based data points to help guide us in our our exploration and decision making would sure be useful. Especially with the big decisions, like what to study in school, what type of career path to choose, and how to play to our strengths in what we do.</p> <p><a href="" target="_blank">read more</a></p> Podcast aptitudes career job Johnson O'Connor Myers Briggs Steve Greene strengths testing work Sat, 07 Nov 2015 19:33:48 +0000 Adam Taggart 95215 at Making The World A More Dangerous Place ]]><p>Without any doubt, the Middle East has been a very long-simmering region of violent religious and tribal enmity.</p> <p>In that regard, perhaps today is no different than 1,000 years ago. But given the importance of the remaining oil in the Middle East to the next 20 years of global economic health, the violence and chaos seen there recently is hugely important to the entire world.</p> <p><a href="" target="_blank">read more</a></p> Blog 9/11 Assad Iran Iraq Kiev libya Middle East NATO neo-con Russia State Department syria terrorism Ukraine war Wesley Clark Yemen Sat, 07 Nov 2015 01:06:13 +0000 cmartenson 95218 at Bill Black: Why The Banksters Are Winning ]]><p>Bill Black, expert on Wall Street control fraud, returns to discuss the gross abuses of power rampant in our financial, political and judicial systems. In his estimation, regulation and enforcement of financial crimes have been completely gutted and de-fanged -- intentionally by corrupt politicians, and unintentionally by inept ones. All while the Justice Department turns a blind eye.</p> <p><a href="" target="_blank">read more</a></p> Podcast bankers banks Bill Black Eric Holder fraud Justice Department Wall Street white-collar crime Sun, 01 Nov 2015 18:42:38 +0000 Adam Taggart 95125 at Announcing Our New Book: Prosper! ]]><p>Our new book&nbsp;<a href="" target="_blank">Prosper!: How To Prepare for the Future and Create a World Worth Inheriting</a>&nbsp;offers a blueprint for taking control of&nbsp;and improving your destiny.</p> <p>It outlines practical, actionable investments&nbsp;of your time &amp; resources that will ensure you enjoy greater prosperity in your life, whatever the future may bring.</p> <p><a href="" target="_blank">read more</a></p> Blog Amazon audio book Book Crash Course e-book Prosper Prosper! Fri, 30 Oct 2015 23:37:12 +0000 Adam Taggart 95104 at The Fatal Blindness of Unrealistic Expectations ]]><p>We, as a society, have very much indeed lived beyond our means. By building up such a tremendous amount of debt through our profligacy that a small rise in interest rates would be catastrophic. That our children and children&#39;s children will be &quot;paying backwards&quot; for our largess, unless some debt-clearing event transpires (which I think will).</p> <p><a href="" target="_blank">read more</a></p> Blog David Filo Davos Google Jerry Yang Larry Page Marissa Mayer Sergey Brin Silicon Valley Stanford World Economic Forum Yahoo! Thu, 29 Oct 2015 02:10:10 +0000 Adam Taggart 95008 at Has The Market Trend Shifted From Bull To Bear? ]]><p>Emotions are running high for the investment community in the wake of recent market volatility. Up until August, we had been in the third longest period in market history without a 10% correction. Since then, stock indices sold off hard, only to bounce once again over the past two weeks of trading.</p> <p>And certainly the truth is&hellip;.<em>No one knows</em>. Especially in today&rsquo;s world where global central banks can concoct further QE/monetary schemes at the drop of a hat.&nbsp; Let&rsquo;s face it, at this point the global central banks are all in. In fact, beyond all in. Without question, the US Fed knows that if equities fall, they lose the high end consumer. (Wal-Mart shoppers have already long been lost)&nbsp;</p> <p><a href="" target="_blank">read more</a></p> Blog bear market Brian Pretti bull market central banks correction economy Fed Federal Reserve interest rates Markets QE quantitative easing stock market stocks ZIRP Fri, 23 Oct 2015 20:12:57 +0000 Brian Pretti 94957 at