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David Stockman: The World Economy Is At An Epochal Pivot

A 'Great Reset' approaches
Friday, August 10, 2018, 7:00 PM

David Stockman warns that the global economy has reached an "epochal pivot", a moment when the false prosperity created from $trillions in printed money by the world's central banks lurches violently into reverse.

Stockman's main warning is that there's no bid underneath this market -- that when perception shifts from greed to fear, the bottom is much farther down than most investors realize. In his words, it's "rigged for implosion".
 
He predicts a Great Reset is imminent. One that, for those who see it coming and take prudent action today, will offer tremendous, perhaps once-in-a-lifetime, investment opportunity once the dust settles.
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Off The Cuff: Why Most Will Remain Unaware Until Its Too Late

The masses are focused on the wrong signals
Thursday, August 9, 2018, 9:35 PM

In this week's Off The Cuff podcast, Chris discusses:

  • The Folly Of Pursuing Infinite Growth On A Finite Planet
    • Limits simply matter
  • The Signs Of Limits Are All Around Us
    • Depleting resources, stagnating wages, weakening economies
  • Few See The Signs Though
    • The "noise" of politics, media & markets distracts the masses
  • Where To Direct Your Focus
    • What to watch to track the onset of the approaching crisis

This week Chris gives a 30,000-foot view of the big predicaments facing our global society. Most of the signals of the arriving crises won't be tracked by most people -- draining aquifers, species loss, declining net energy. The masses are only going to pay attention when the signaling media they focus on -- the financial markets, the news reports, the unemployment rate, home prices  -- start to show panic. By then, it will be far too late to avoid the unfolding pain.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com's other premium content. » Read more

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PeakProsperity.com

Upcoming Webinar: The Energy Predicament, Sunday Aug 26 at 4pm ET/1pm PT

Featuring Art Berman, Alice Friedemann & Bob Burr
Wednesday, August 8, 2018, 1:02 PM

Receiving an update on the world "net" energy/EROEI situation was one of the most-requested webinar topics from our survey of the PP audience earlier this year.

You asked. We're delivering.

On Sunday, August 29th at 4pm ET/1pm PT, we'll be holding our next webinar titled: The Energy Predicament » Read more

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kienyke.com

Time For Some Climate Honesty

Half-truths are doing no good
Friday, August 3, 2018, 12:35 PM

Let’s assume that you have doubts about 'global warming'. 

Some people do and, truthfully, we utterly lack the ability to accurately model how much warming will happen, where and by when (emphasis on accurately)

The reason is not for lack of trying or continual learning and model refinement, but centers on the complexity of the task.

Even seemingly simple systems that are actually complex are impossible to predictively model.  An example is a pile of sand growing grain by grain that will finally slump at some unpredictable time and in an unpredictable way.  You would think that such a simple system could be accurately modeled, but that’s not the case.  Exactly when the pile will finally slump is unpredictable.  Exactly how large the resulting slump will be is also unpredictable.  The “when” and the “how much” are unknowable (using current modeling techniques).

All that can be calculated for certain is that a higher pile with steeper sides/areas (a.k.a. “fingers of instability”) is more likely to slump sooner and more catastrophically.  » Read more

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Two Weeks Left!

To get the Early Bird price for our NYC Summit with Stockman
Thursday, August 2, 2018, 10:59 AM

The 'early bird' discounted price for our upcoming Summit in New York City expires in just two weeks.

If you wait to register until after then, you'll have to pay the higher 'general admission' price.

So if you're planning to join us (and David Stockman!), register now and save some money! » Read more

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The FAANG-nary In The Coal Mine

The long-awaited breakdown in sentiment is finally here
Friday, July 27, 2018, 6:48 PM

Two weeks ago, I issued a report to Peak Prosperity's premium subscribers, warning of an immiment downwards re-pricing of the FAANG stocks. I even made a rare recommendation for taking an active short position against them (one now up 18%).

That report proved quite timely. Over the past 10 days:

  • Netflix (NFLX) is down 10% after issuing disappointing subscriber growth and Q3 guidance
  • Facebook (FB) is down 20% after  delivering lower user and revenue numbers than the Street was expecting
  • Amazon (AMZN) is flat despite posting blowout Q2 EPS, offset by a revenue miss
  • Google/Alphabet (GOOGL) has managed a meager 3% rise, as earnings & revenue beats were tempered by rising costs and a record $5 billion EU anti-trust fine

This sudden weakness among key FAANG members is extremely significant. Much more so than most investors realize. » Read more

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Satansgoalie

America The Insolvent

A reckoning is due. One the elites are already readying for.
Friday, July 20, 2018, 12:37 PM

We don’t have much time left to get prepared.

Yes, it’s rare for things to suddenly fall apart overnight -- so if you're playing the odds, we probably have a few years left before the status quo as we know it begins to break down. Maybe until 2020; possibly to 2023. But not much longer after that.

The trends are just too severe. And they're building up steam. » Read more

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Trouble Ahead For The Housing Market

We're starting to see rising supply & flat/declining prices
Monday, July 16, 2018, 3:27 PM

Our good friend John Rubino over at DollarCollapse.com just released an analysis titled US Housing Bubble Enters Stage 2: Suddenly Motivated Sellers.

He reminds us that housing bubbles follow a predictable progression:

  • Stage 1: Mania -- Prices rise at an accelerating rate as factors like excess central bank liquidity/loose credit/hot foreign money drive a virtuous bidding cycle well above sustainably afforable levels.
  • Stage 2: Peak -- Increasingly jittery owners attempt to sell out before the party ends. Supply jumps as prices stagnate.
  • Stage 3: Bust -- As inventory builds, sellers start having to lower prices. This begins a vicious cycle: buyers go on strike not wanting to catch a falling knife, causing sellers to drop prices further.

Rubino cites recent statistics that may indicate the US national housing market is finally entering Stage 2 after a rip-roaring decade of recovery since the bursting of the 2007 housing bubble: » Read more

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bigbustours.com

Announcing The PP New York City Summit: Sep 16, 2018

With David Stockman! (this city only)
Friday, July 13, 2018, 2:30 PM

As committed, after having a terrific time traveling up the West Coast to hold Summits in San Francisco, Portland and Seattle, and then on to Denver and Austin, we're now bringing the same experience to more of the cities you've asked us to.

Next stop: New York City.

And this will be a particularly special event to attend. Why? Because we've scored a major coup: David Stockman will be joining us in person as co-presenter for the day!

So if you live in travel distance to NYC, come join us on Sunday September 16, 2018. You won't want to miss this! » Read more

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Why The Coming Oil Crunch Will Shock The World

And why we need a new energy strategy -- fast
Friday, July 6, 2018, 7:42 PM

A responsible global society should have a credible and very publicly-stated energy strategy providing a road map for weaning itself from fossil fuels before they become prohibitively expensive/scarce.

But since we don't have one, the alternative path we're taking is to sleepwalk into the future with no plan for feeding 9 billion people or re-building a crumbled global infrastructure -- let alone facing the additional challenges of running out of critical minerals, dealing with destroyed ecosystems, and being unable to field the necessary fuel and economic complexity to install a brand-new energy infrastructure measuring in the hundreds of quadrillions of BTUs.

This business-as-usual path will be marked by the three D’s: despair, demoralization, and death. » Read more