Podcast

Podcast

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Steve St. Angelo: Prepare For Asset Price Declines Of 50-75%

When the debt bubble pops, it's taking everything with it
Monday, July 3, 2017, 4:00 PM

Any sense of prosperity in today's economy is based on a falsehood, claims Steve St. Angelo, proprietor of the SRSrocco Report website.

Like we here at PeakProsperity.com, Steve is a student of energy. He shares our worldview that net energy per capita has been in steady decline, and a result, future growth will be limited. Also like us, he notes that the "growth" seen over the past several decades hasn't been due to surplus net energy (which makes being able to do more possible). Instead, it has been fueled by debt  -- which essentially steals prosperity from the future and consumes it today.

Any third-grader with a crayon can quickly tell you that kind of scam can't last forever. And it can't. Once the can can't be kicked any further and the next economic and/or financial crisis is upon us, Steve sees today's over-inflated asset prices quickly dropping by a gut-wrenching 50-75%. » Read more

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Joseph Tainter: The Collapse Of Complex Societies

What history predicts about our future prospects
Sunday, June 25, 2017, 11:20 PM

By popular demand, we welcome Joseph Tainter, USU professor and author of The Collapse Of Complex Societies (free book download here).

Dr. Tainter sees many of the same unsustainable risks the PeakProsperity.com audience focuses on -- an overleveraged economy, declining net energy per capita, and depleting key resources. 

He argues that the sustainability or collapse of a society follows from the success or failure of its problem-solving institutions. His work shows that societies collapse when their investments in social complexity and their energy subsidies reach a point of diminishing marginal returns. That is what we are going to be talking about today, especially in regards to where our culture is today, the risks it faces, and whether or not we might already be past the tipping point towards collapse but just don’t know it yet. » Read more

Podcast

Kirk Sorensen: The Future Of Energy?

An update on the potential of LFTR power
Sunday, June 18, 2017, 2:20 PM

Imagine a form of nuclear energy with greater output and virtually no safety issues. 

Such is the promise of liquid flouride thorium reactors (LFTRs). Kirk Sorensen returns to the podcast this week to update us on the current state of thorium power.  » Read more

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Steen Jakobsen: 60% Probability Of Recession In The Next 18 Months

The world economic engine is slowing to a standstill
Sunday, June 11, 2017, 6:46 PM

Steen Jakobsen back on, Chief Investment Officer of Saxo Bank, returns to the podcast this week to share with us the warning signs of slowing economic growth he's seeing in major markets all over the world.

In his view, the world economy is sputtering badly. So badly, that he's confident predicting a global recession by 2018 -- or sooner. » Read more

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CropMobster.com

CropMobster: How To Put Your Local Food System To Its Highest Use

A plug-and-play solution for any community
Monday, June 5, 2017, 5:05 PM

In the developed world, we waste a LOT of food.

In America alone, it’s estimated that up to 40 percent of the post-harvest food supply is discarded, according to The Journal of the Academy of Nutrition and Dietetics. That represents more than 1,200 calories per day for every man, woman, and child in the U.S. -- just thrown into the trash. Yet at the same time we have food access issues and nutritional deficits that result in widescale health problems and hunger nationwide, despite having more than enough nutritional calories to go around. Our food system is a mess -- and it doesn’t have to be that way.

In this week's podcast, we talk with Nick Papadopoulos, founder of CropMobster; an innovative company focused on helping communities dramatically improve the potential of their local food sheds. Nick explains how CropMobster provides a platform that any community can build on to connect local producers with local consumers in ways that boost economic development, reduce wastage of food and other resources, and assist local hunger relievers: » Read more

Podcast

Lance Roberts: This Market Is Like A Tanker Of Gasoline

And passive ETFs & margin debt will set it afire
Tuesday, May 30, 2017, 3:09 AM

Lance Roberts, chief investment strategist of Clarity Financial and chief editor of Real Investment Advice has authored a number of impressive recent reports identifying potential failure points in today's financial markets. 

In this week's podcast, Lance explains how the massive flood of investment capital into passively-managed ETFs, along with record amounts of margin debt, have the potential to set the markets afire. » Read more

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Joel Salatin: Curing Society's Constipation Of Imagination

We can do things profoundly better
Sunday, May 21, 2017, 8:19 PM

The always colorful "renegade farmer" Joel Salatin returns to the podcast this week to share his latest thoughts on creative yet practical solutions society could and should be pursuing vs limiting and litigating everything under the sun.

Much of what's needed is a shift in thinking and priorities, says Salatin. And it starts with embracing initiative, accountability, and a 'do more with what we have' mentality -- which stands in stark contrast to the "we just need more stuff" narrative of today's status quo. » Read more

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Leanne Baker: Investing In Gold & Silver Mining Companies

How to identify the best prospects in this risky sector
Sunday, May 14, 2017, 2:44 PM

For precious metals investors looking to increase their exposure to this asset class beyond owning bullion or gold and silver ETFs, mining companies are a natural consideration. Their prices usually move much more dramatically in response to smaller price moves in the underlying metals they mine. In a bull market, it's very possible for the share prices of these companies to increase by hundreds of percents within a year or two.

But there are a lot of gold and silver mining companies out there, many of which are small operators. Risk abounds in this sector. And for the past half-decade, most of these companies have been absolute widow-makers for investors. How do we identify which companies are worth considering and which should be avoided? How (if at all) should the small investor go about gaining exposure to precious metals mining companies?

To address this, Dr. Leanne Baker, former mining analyst at Solomon Smith Barney and current director of Agnico Eagle Mines Ltd, joins the podcast this week.

Click the play button below to listen to Chris' interview with Leanne Baker (46m:16s). » Read more

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Art Berman: Don't Get Used To Today's Low Oil Prices

They're a temporary anomaly. Higher prices are ahead.
Sunday, May 7, 2017, 3:00 PM

Oil expert and geological consultant Art Berman returns to the podcast this week to address head-on the question: Was the Peak Oil theory wrong? With the world "awash" in sub-$50 per barrel oil, were all the warnings about persistently higher future oil prices just a bunch of alarmist hand-wringing?

In a word: No.

Art explains how the current glut of oil created by the US shale boom -- along with high crude output by both OPEC and non-OPEC  producers -- is a temporary anomaly. Fundamentally, we are not finding nearly as much oil as we need to continue our demand curve; and at the same time, we are extracting our reserves at a faster rate than ever. That's a mathematical recipe for a coming supply crunch. It's not a matter of if, but when. » Read more

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Melissa Zimdars: The Truth About Fake News

Discussing the 'fake news' list with its creator
Sunday, April 30, 2017, 10:54 AM

On this week's podcast we discuss the "fake news list" with its creator, Dr. Melissa Zimdars, assistant professor of communications at Merrimack College.

In the aftermath of the 2016 US Presidential election, "fake news" was blamed as a major reason for Donald Trump's upset victory over Hillary Clinton. A wide range of players, from Russian propagandists to paid partisan puppeteers, were accused of fabricating stories which were then widely circulated via social media to influence the hearts and minds of voters. » Read more