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    Holiday Wishes

    Gather around our virtual hearth
    by Adam Taggart

    Wednesday, December 25, 2013, 4:39 PM

Happy holiday wishes from Peak Prosperity!

Thank you for the gifts of your participation in & support of this site. We're hard at work cobbling up a few new gifts of our own for you — new content, new site features, and more. These 'presents' will start arriving in the next few weeks… 

In the meantime, we hope you're looking to 2014 with as much enthusiasm as we are — as an opportunity to accelerate our efforts to create a world worth inheriting. After all, the upcoming generations are starting off with a heavy burden not of their own making:

If we don't work to reduce this load, who will?

We hope you're spending your holidays with those most dear to you. For those who can't, there's a place for you here at our virtual hearth. On this site, we're all family.

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  • Wed, Dec 25, 2013 - 5:57pm



    Status Member (Offline)

    Joined: Sep 13 2012

    Posts: 55


    Merry Christmas!

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  • Wed, Dec 25, 2013 - 7:21pm


    Nervous Nelly

    Status Bronze Member (Offline)

    Joined: Nov 24 2011

    Posts: 179

    Common Sense Orbituary

    "Today we mourn the passing of a beloved old friend, Common Sense ,

    who has been with us for many years. No one knows for sure

    how old he was, since his birth records were long ago lost in bureaucratic

    red tape. He will be remembered as having cultivated such valuable lessons as:

    – Knowing when to come in out of the rain;

    – Why the early bird gets the worm;

    – Life isn't always fair;

    – And maybe it was my fault.

    Common Sense lived by simple, sound financial policies (don't spend

    more than you earn) and reliable strategies (adults, not children are in charge).

    His health began to deteriorate rapidly when well-intentioned but overbearing

    regulations were set in place. Reports of a 6-year-old boy charged with sexual

    harassment for kissing a classmate's hand; teens suspended from school for

    using mouthwash after lunch; and a teacher fired for reprimanding an

    unruly student.

    Common Sense lost ground when parents attacked teachers for doing the

    job that they themselves had failed to do in disciplining their unruly children.

    It's health declined even further when schools were required to get parental consent

    to administer sun-lotion or an aspirin to a child; but could not

    inform parents when a student became pregnant and wanted to have an abortion.

    Common Sense lost the will to live as the churches became businesses;

    and criminals received better treatment than their victims.

    Common Sense finally gave up the will to live, after a woman who failed to

    realize that a steaming cup of coffee was hot. She spilled a little in

    her lap, and was promptly awarded a huge settlement.

    Common Sense was preceded in death,-by his parents, Truth and Trust,

    -by his wife, Discretion,

    -by his daughter, Responsibility,

    -and by his son, Reason.

    He is survived by his 5 stepbrothers;

    – I Know My Rights

    – I Want It Now

    – Someone Else Is To Blame

    – I'm A Victim

    – Pay me for Doing Nothing

    Not many attended his funeral because so few realized he was gone.



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  • Wed, Dec 25, 2013 - 7:46pm


    Jim H

    Status Diamond Member (Offline)

    Joined: Jun 08 2009

    Posts: 1798

    A time for personal evolution

    A some may be aware, I don't think Adam would actually characterize my recent contributions/commentary on this site as, "gifts".  Rather I have gotten so lost in the more academic nature of my arguments.. so militant in my own intellectual arrogance.. that I have come to forget what really counts;  Loving each other, building rather than tearing down, and acting as a positive force for change.  Regardless of the rightness or wrongness of the intellectual content of some of my posts, I had lost my way spiritually….

    Maybe it was my wife telling me her observations about how consciousness is part of the fabric of the universe.. maybe it was Chris Duane's discussion of his own need to evolve out of the more negative mindset and fully embrace the, "abundance mentality"    (… or maybe it is the many messages of spiritual positivism that have come through here on, like Adam's above.  In any event, I have made up my mind that, having come to a crossroads where I either need to walk away from in order to further suckle my own intellectual arrogance, or evolve… I choose the path of personal growth and a renewed focus on making my contributions here in a spirit of love and support, as so many others do so diligently.

    I want to thank Adam and Chris for their tolerance of me lately – I am sure I used up most of my, "early member" goodwill.  Although I am pretty sure DaveFT and I will continue to disagree in our interpretation of things, I will hereby stop treating Dave as the personification of all that I find wrong in our monetary house – I will approach those I disagree with in the spirit of Brotherhood instead.  Since it lapsed recently, I have now renewed my full subscription to the site.  This is a wonderful, diverse family, and I want very much to remain a part of it.  Thank you, JimH

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  • Wed, Dec 25, 2013 - 10:00pm

    Reply to #3


    Status Member (Offline)

    Joined: Oct 19 2011

    Posts: 40

    Jim!  You Rock!!

    Jim!  You Rock!!

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  • Thu, Dec 26, 2013 - 12:09am



    Status Member (Offline)

    Joined: Jul 04 2012

    Posts: 33


    To be able to see ourselves, be willing to talk about it, and do something about it is very impressive! Very cool Jim!

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  • Thu, Dec 26, 2013 - 3:22am

    Reply to #3


    Status Diamond Member (Offline)

    Joined: Sep 03 2008

    Posts: 3130

    personal evolution

    Although I am pretty sure DaveFT and I will continue to disagree in our interpretation of things, I will hereby stop treating Dave as the personification of all that I find wrong in our monetary house – I will approach those I disagree with in the spirit of Brotherhood instead…

    Hey that's great news!

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  • Thu, Dec 26, 2013 - 3:57am


    Chris Martenson

    Status Platinum Member (Online)

    Joined: Jun 07 2007

    Posts: 4541

    Owning Our Stuff


    I heartily applaud owning your reactions and having the curiosity to see where they are coming from.  That's what inner growth is all about and the essence of spirituality.  

    It all begins with understanding that we create our own worlds of emotional experiences from our perceptions and thoughts.  It turns out nobody can 'make' you do anything or be any particular way once you've noticed and worked through a particular wound or belief structure.  

    So let's hear it for the abundance mentality!  Hip, hip hooray!  🙂

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  • Thu, Dec 26, 2013 - 11:23am



    Status Bronze Member (Offline)

    Joined: Dec 28 2010

    Posts: 209

    Peace that passeth all understanding to PPers!


    A warm and heartfelt Merry Christmas!


    PS:  I enjoy both Dave and Jim comments- call me bilingual!

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  • Thu, Dec 26, 2013 - 3:26pm


    Wendy S. Delmater

    Status Diamond Member (Offline)

    Joined: Dec 13 2009

    Posts: 1418

    a reminder

    My stepdaughter proudly moved into her first home this weekend. We have an empty nest, now, and I was full of quiet plans about how to make our space comfortable and inviting.

    Yesterday, at Christmas, my husband looked around and noted what nice things we already had. It was a long list, not cited in an attempt to curb my enthusiasm for any projects (I'd been silent) but noted out of quiet joy in the antiques we'd found at various places and how comfortable the home already was.

    My holiday lesson: Instead of fretting about what you do not have, be grateful for what you do.


    I think that applies to our preps, and our "investments" : that's in air-quotes since you may be investing time in learning a new skill, investing in relationships, or doing non-traditional investing like putting money into grid-tied solar or some such. I may not be happy with my progress. I should note the progress anyhow. I should look at where I am today and be grateful that I've come this far.

    I'm grateful for all of you, too.

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  • Fri, Dec 27, 2013 - 10:58am



    Status Bronze Member (Offline)

    Joined: Dec 28 2010

    Posts: 209

    Some Suggestions for 2014, Chris, Adam

    Chris, Adam,

    A couple of suggestions for 2014:

    1,  Learn more about the ESF, the Exchange Stabilization Fund.

    My interest was piqued by this interview of Rob Kirby on Greg Hunter's "Watchdog USA" Channel

    (I find Greg Hunter a careful interviewer, who obviously researches his guests well)

    I personally have little understanding of this organization.  I have read about the "Plunge Protection Team", but Ron Kirby brings this shadowy organization to the fore, says it is more important than the Fed.

    Some key quotes:

    "The very day that they announced the Taper, the Office of the Comptroller of the Currency, which accounts for bank derivatives activities by bank holding companies, what we've seen over the last six months is a ramp up in OTC swaps, by U.S. banking institutions to the tune of $12 trillion in notional.  And this $12 trillion in build is largely comprised of interest rate swaps.  And this build was largely concentrated among three institutions, namely JP Morgan, Goldman Sachs and Morgan Stanley.  These interest rate swaps have bond trades imbedded in them.  So, while on one hand they announce a taper, on the other hand, we can see a clear, even though we don't see the latest quarter, we won't  Q4 of this year until the end of March next year, but what we can see is a steady build.  What the build in these interest rate swaps is achieving is stemming the rise in interest rates."

    "They're doing it by stealth.  When the ESF does interest rate swaps with the U.S. banks, they use the trading desk of the New York Federal Reserve as their broker,  And the NY Fed has direct trading lines to the treasuries of all these banks.  What they do is they execute these interest rate swaps.  Banks trade interest rate swaps on spreads.  The U.S. Treasury, when they operate in the swap markets, they do not operate on spreads.  As a result, banks become captive buyers of U.S. Treasuries to hedge their swaps trades that they are are doing with the U.S. Treasury."

    "Effectively what's occurring is, the U.S. Treasury, not the Federal Reserve is dictating what monetary policy is in the United States.  And they are executing U.S. monetary policy via the Fed, but through the trading desks of the big commercial banks.  This is why five banks can have derivative books of over $50 trillion, but never have a loss on their derivative books…..because they are de facto implementing U.S. monetary policy.  You don't need to be brilliant to be a bank trader when you know where interest rates are going… "

    "We don't have markets anymore.  Everything is arbitrary.  Everything is micro-managed by the Exchange Stabilization Fund in the United States…  Their sole raison d'etre is to defend the U.S. dollar and maintain the U.S. dollar as the world's reserve currency.  By dictating through this derivatives complex, which I refer to as a price control grid, they are able to dictate, and arbitrarily set, the prices of all strategic goods in the market.  Whether it's capital, whether it's energy, whether it's precious metals, or whether it's the level of the equity market.  These things they can control all through the generous application of derivatives.   Which some people know as futures.  Me, with an interest rate background, I refer to it as interest swaps and another interest rate product called a forward rate agreement." 

    "Like rivers flow from mountaintops to the sea, physical gold has always flowed from countries with balance-of-trade deficits to countries with balance-of-trade surpluses"

    "I tell people to plug their nose and buy more.  There is no such thing as a bad day to buy precious metals"

    Ron Kirby thinks this will all be over when gold stops flowing from the West to the East.

    2.  Bring on guests who have a different point of view than yourself and most PPers.  For Voices or Blog Posts.  Chris and Adam, you are different from many sites in that you have a more anaytical view that doesn't get into name calling or assume motives that may not be correct. 

    And I don't mean bring in folks that seem to have simple-minded POV like Steve Liesman of CNBC.

    One candidate is Catherine Mann.  She seems very thoughtful and appears to have the view that inflation is low and not concerning, and that the Fed did a good and necessary job with QE.

    From CNBC, Dec 17th, 2013

    Q (Joe Kernen):  Do you think there are negative effects that we will know about two and three years from now?

    Catherine Mann:  No, i think the federal reserve has the capability to reduce the size of the balance sheet and continues to have inflation in its sights. i mean, that's one of the reasons why they're continuing on with the purchase program in both of its forms. the treasuries and the mortgage back securities is that inflation is still, you know, basically dead. they've got their eye on it, though. and they have the tools in order to prevent its return. we're not looking at 1970s again.

    Another topic, bring on energy analysts who do not believe in Peak Oil.

    I am not trying to stir the pot.  I am only interested in creating a healthy dialectic. 

    Strong and true ideas can withstand challenges and opposing points of view.  The opposing points of view may not be completely correct, but they may modify the correct point of view in important ways

    3.  Night operations technology and more importantly, simple drills to practice and get proficient with use of said technology.  FLIR v. Night Vision pros and cons.  What are the best products?  These products are very expensive.  But many experts sing their praises as force multipliers.  If PPers are going to shell out hard-earned bucks for this remarkable tech, we need to make an informed decision.

    How best to use night vision products and some ideas to practice nighttime operations- Tips and drills?   Practically speaking, I am not thinking like tacti-cool folks who think in terms of invading a small town for house-clearing.  I am more thinking of evade and survival techniques.

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