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Bad Money

Our debt-based fiat money system poses an existential threat
Friday, September 14, 2018, 6:51 PM

We’re all going to have to be a lot more resilient in the future.  The long emergency, as Jim Kunstler put it, is now upon us.  It comes from every direction, and the trick is going to be remaining alert, oriented and positive.

If ever there was a wake-up call from the natural world it was this year’s weather events combined with the storms from last year.  » Read more

Insider

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Off The Cuff: Expect More Interest Rate Hikes

Hikes that the market has not yet priced in
Thursday, September 13, 2018, 12:20 PM

In this week's Off The Cuff podcast, Chris and Axel Merk discuss:

  • Contagion Risk
    • Where will the Emerging Markets melt-down end?
  • Inflation On The Rise
    • Now cresting above 2%
  • More Fed Rate Hikes Coming
    • Not yet priced into the market
  • Gold/Silver Ratio
    • What is today's extreme level telling us?

Recorded last week, Axel -- who has close access to Federal Reserve insiders -- explains why he predicts the Fed will hike rates higher than the market currently expects.

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

Podcast

elmercurio.com

Michael Pento: When The Yield Curve Inverts Soon, The Next Recession Will Start

Expected timing: this Fall
Wednesday, June 27, 2018, 3:34 PM

Some day, today's era of insane asset price bubbles will end. But how? Will it unwind in an orderly and polite way, as the world's central planners hope? Or will be disorderly, resulting in painful portfolio losses and mass layoffs?

Michael Pento, fund manager and author of The Coming Bond Bubble Collapse returns to the podcast this week to offer his prediction that events will most likely take the latter route. In fact, he sees the developing inversion of the yield curve as a dependable precursor to the US economy entering recession as soon as this Fall: » Read more

Insider

afflictor.com

Off The Cuff: The Fed Is Driving Blind

Insider insights from a recent gathering of Fed officials
Monday, May 21, 2018, 3:11 PM

In this week's Off The Cuff podcast, Chris and Axel Merk discuss:

  • The Fed Is Driving Blind
    • QE has rendered all signals useless
  • The Risk Of Recession Is 100%
    • The only question that matters is When?
  • Axel's Report From A Recent Gathering Of Fed Officials
    • From inside the Hoover Institution
  • Forecasting The Price Of Gold & Oil
    • Bullish reasons to hold both right now

Having recently returned from a private gathering of Federal Reserve officials, Axel shares his observations with us. In a nutshell, he sees the Fed as now following the market. His prediction is that they will keep tightening right up to the point where the market buckles under the higher rates, and at that point, it will be too late to prevent a major market correction, and likely, a plummet into economic recession.

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.
Podcast

Nomi Prins: Collusion!

How central bankers rigged the world
Tuesday, May 8, 2018, 4:19 PM

Nomi Prins, Wall Street veteran turned financial industry reformist returns to the podcast this week to explain the findings within her new book Collusion: How Central Bankers Rigged The World.

Nomi has put together a timeline of exactly when and how the central banks have plundered the wealth of the masses since 2008, either directly or indirectly through the loss of purchasing power of the currencies they control. » Read more

Podcast

Dreamstime

Doug Duncan: Even US Government Economists Predict Trouble Ahead

Fannie Mae forecasts an economic slowdown by 2019
Monday, April 16, 2018, 11:53 AM

Doug Duncan is not your average beltway economist.

The chief economist for Fannie Mae is surprisingly outspoken about the troublesome outlook for the US economy. He's worried about the rising cost of debt service as outstanding credit continues to mount at the same time interest rates are starting to ratchet higher, too. » Read more

Podcast

hdbuilder.eu

Simon Black: Priced To Fantasy

Stock prices today simply aren't justifiable
Tuesday, April 10, 2018, 11:53 AM

Chris and I have been on a ship this week, presenting at The Real Estate Investor Summit At Sea.

We were able to steal away for an hour to sit down with fellow presenter Simon Black (founder of SovereignMan.com) and this excellent discussion ensued. We didn't have any agenda prepared; it's just us three riffing and sharing our thoughts on the most likely implications of the biggest macro risks that have our attention right now. » Read more

Podcast

Dreamstime

Wolf Richter: The Era Of The Fed "Put" Is Over

It now wants lower asset prices (just not too fast)
Monday, April 2, 2018, 3:39 PM

To all those investors expecting the Fed to step in to backstop the recent weakness seen in the stock market, Wolf Richter warns: The cavalry isn't coming.

After years of force-feeding too much liquidity into world markets, the central banking cartel is now aware of the Franken-markets it has created. And now with a new head at the US Federal Reserve, and soon at the ECB, central bankers have shifted their priority from supporting asset prices to now actively engineering lower prices. » Read more

Insider

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Off The Cuff: The Fed May Be Less Worried Of A Stock Plunge Than We Think

As long as credit flows, it's OK with lower stock prices
Tuesday, March 27, 2018, 2:53 PM

In this week's Off The Cuff podcast, Chris and Axel Merk discuss:

  • Dissecting Last Week's FOMC Meeting
    • Powell definitely seems different from his predecessors
  • Why The Fed May Not Worry About Stock Prices
    • All it really cares about are functioning credit markets
  • How Sick Is Europe?
    • Very, but it can linger a long time
  • The Prospects For Gold
    • Well-poised to outperform other assets this year

In the wake of last week's FMOC meeting, the first one for new Fed Chairman Jerome Powell, our site's central banking expert Axel returns to the podcast to share his assessment of the banking world's newest sheriff. Axel believes, as a lawyer (unlike his academic predecessors), Powell is fairly unconcerned with economic theory or asset prices. What he cares most about is regulation and the continued functioning of markets. So as long as credit -- the lifeblood of the global economy -- is flowing, he may not care much where prices end up...

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
Podcast

Who is Danny/Shutterstock

Daniel Nevins: Economics for Independent Thinkers

It's time we stop trusting the 'experts'
Wednesday, February 28, 2018, 6:03 PM

Economists are supposed to monitor and analyze the economy, warn us if risks are getting out of hand, and advise us on how to make things runs more effectively -- right?

Well, even though that's what most people expect from economists, it's not at all how they see their role, warns CFA and and behavioral economist Daniel Nevins.

In short, they are the wrong people to advise us, Nevins claims, as they have no clue how the imperfect world we live in actually works.