Peak Prosperity News Feed


The Festering Social Rift Over Pensions

Why does he get to retire and I don't?
Friday, December 14, 2018, 6:43 PM

Most Americans will never be able to afford to retire.

And now that the Everything Bubble is bursting and a return to economic recession appears increasingly probable within the next year or two, the disparty in prospects between the 35 million future pensioners and the rest of the workforce will become increasingly obvious.

The danger here is of festering social discord. The majority, whom we already know will not be able to retire, will highly likely start regarding pensioners with envy and resentment. » Read more


John Hathaway: Things Look Very Bullish For Gold Mining Stocks

Declining supply, rising demand & positive cash flows
Thursday, December 13, 2018, 6:53 PM

Mining stocks have performed miserably over the past seven years, missing out completely on the central bank-created liquidity-fest that has raised nearly every other equity sector to record highs.

But the long winter of abuse is over, claims highly-respected mining analyst John Hathaway, co-manager of the Toqueville Gold Fund. To John's veteran eye, the conditions in this beleaguered industry have improved substantially. Mining supply is tightening while demand is rising, and the surviving companies have achieved postive cash flows at today's depressed prices. 

Claiming that we are now past "peak gold", Hathaway expects gold prices to move higher vigorously, propelling the shares of mining companies mutiples higher from where they are today. » Read more


Every Bubble Is In Search Of A Pin

The 'Everything Bubble' has popped
Friday, December 7, 2018, 6:06 PM

Those of us who have spent the past years watching in concern as the Everything Bubble grew, this is the moment we've been anticipating. Time to put your crash plans into action. » Read more


Charles Hugh Smith: Preventing The Final Fall Of Our Democratic Republic

Fighting against the obscene concentration of wealth & power
Tuesday, December 4, 2018, 6:02 PM

There's mounting evidence that the Age of American Exceptionalism is grinding to an end.

Demographically, in the U.S. (as well as many other developed nations), the prospects of the younger generations are substantially less than those of the Baby Boomers. The same is true socioeconomically as well; the wealth gap between the 1% and everyone else continues to accelerate.

What's been the root cause of this slide towards greater and greater inequity? Can anything be done to reverse it?

Economist analyst and author Charles Hugh Smith addresses these core questions in his new book Pathfinding Our Destiny: Preventing The Final Fall Of Our Democratic Republic. Charles concludes that we are the terminal end of a multi-century process of centralization that is no longer working for society's benefit: » Read more


Dealing With Disagreement

Save & strengthen the relationships you value
Friday, November 30, 2018, 10:45 PM

If you're reading this, chances are very good you're concerend about where the world is headed.

The over-leverged economy. Asset price bubbles across the stock, bond and real estate markets just waiting to pop. Declining world net energy per capita. Escalating geopolitical tensions. Unprecedented die-offs among foundational species in our ecosystems. These are probably just a few of the concerning trends that have your attention.

But if you're like many of our readers, you're perplexed that the people around you aren't as fixated on these issues. In fact, most people prefer to avoid thinking about them. They just want to live their lives, without adding to their worries. 

This vast difference in outlook can be incredibly frustrating. Both for you as well as for the other person just trying to get through the day. And it often results in dysfunction that can be toxic to the relationships you care about.



Ben Jones: The Housing Bubble Is Popping Right Now

Expect MUCH lower prices ahead
Monday, November 26, 2018, 8:08 PM

The housing market is starting to look quite ill, as we've been tracking here at

After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new bubble-highs.

Has the Housing Bust 2.0 begun? If so, how bad could things get? And what steps should those looking to pick up values at much lower prices in the future be taking?

This week we talk with citizen journalist Ben Jones, property manager and publisher of TheHousingBubbleBlog -- where he tracks the latest headlines and developments in the housing market. » Read more



Thoughts From The Precipice

Things are worsening. But we're not over the edge quite yet.
Friday, November 23, 2018, 5:51 PM

As it is practiced, economic growth as pursued around the world today is now destructive. If we continue on our current trajectory, it will become fatal. » Read more



Scott Tinker: Can The World Energy Supply Become Fully Sustainable?

Just possibly, but we'll have to make HUGE changes
Tuesday, November 20, 2018, 9:43 PM

As we claim often here at Energy is everything.

Will our global society be able to transtiton off of its extreme dependence on fossil fuels? And if so, can we do so without too much pain?

Scott Tinker is the Director of the Bureau of Economic Geology at the University of Texas at Austin, and founder of the non-profit Switch Energy Alliance, which is dedicated to helping humanity address these key questions.

Tinker remains confident a much better future energy-wise is possible; but will require a tremendous shift in behavoir, investment and technological innovation.

In his eyes, society can make the transition. But will it? That's a lot less certain... » Read more


The Primacy Of Income

The Era Of Gains is over
Friday, November 16, 2018, 9:57 PM

After three destructive bubbles in just two decades, the Fed and its bretheren will not be able to blow a fourth. The system won't be able to withstand it. 

Our slowing global economy will require decades of recovery to heal itself from the massive over-leveraging and malivestment binge we've been on.

So the existential question facing investors is: What will drive wealth accumulation in the coming era?

Investors are going to soon realize that without dependable gains, income becomes paramount. Specifically, income that will retain its purchasing power as inflation and interest rates rise. » Read more


A Financial Professional's Perspective

What's the current market volatility signalling?
Wednesday, November 14, 2018, 7:11 PM

Given the recent volatile gyrations of the markets, we thought it an opportune time ask a full-time financial advisory firm whom we respect for their take on the current environment.

Here's what they have to say. » Read more