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What If There Isn't Enough Energy Going Forward?

We'll be forced to live with less. Maybe a LOT less.
Friday, August 24, 2018, 7:09 PM

Currently the media is breathlessly cheering the record amounts of US oil production.

Technology advances in the fracking process have enabled the "shale miracle", resulting in the US producing over 10 million barrels per day for the first time since the 1970s. Think of all the incremental GDP growth that excess oil will power! » Read more

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Peak Prosperity

REMINDER: Energy Predicament Webinar Is This Coming Sunday

Have you registered yet?
Monday, August 20, 2018, 7:10 PM

Just a reminder of our upcoming webinar focused on where we are in the energy story (i.e., how quickly is EROEI declining and what will a future of lower net energy be like?)

It will take place this coming Sunday, August 26 at 4pm ET/1pm PT» Read more

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We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History

And how do things usually work out for the rat?
Friday, August 17, 2018, 7:10 PM

This global flood of freshly-printed 'thin air' money has no parallel in the historical records. All around the world, each of us is part of a grand experiment being conducted without the benefits of either prior experience or controls. Its outcome will be binary: either super-great or spectacularly awful.

If the former, then no worries. We'll just continue to borrow and spend in ever-greater amounts -- forever. Perpetual prosperity for everyone!

But if things hit a breaking point, then you had better be prepared for some truly bad times. » Read more

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Early Bird Price Discount To NYC Summit Expires TONIGHT

Register now before this lower price disappears
Tuesday, August 14, 2018, 4:40 PM

The discounted Early Bird price for Peak Prosperity's NYC Summit with David Stockman expires at the end of day tomorrow (Aug 15th).

If you're planning on joining us but haven't registered yet, take a minute to do so now. Be sure to lock in this lower price before it disappears. » Read more

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Shutterstock

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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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 26th 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