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Tag Archives: Charles Hugh Smith

  • Blog
    stocksmasters.com

    Bitcoin/Cryptocurrency Webinar — Jan 7th @ Noon EST

    Everything you wanted to know but were afraid to ask
    by Adam Taggart

    Tuesday, December 26, 2017, 11:52 PM

    36

    The cryptocurrency space is on fire.

    Which is why we've lined up Peak Prosperity resident crypto expert Mark Rees to offer answers across the spectrum about Bitcoin, the other digital currencies, and the blockchain. He and Chris will roll up their sleeves to dive deep into a highly-interactive discussion of all things crypto in our upcoming webinar on Sunday January 7, 2018 at noon EST/9am PST.

    The full event will last about an hour and half, and draw heavily from audience Q&A. So bring your most pressing questions — you'll be able to ask them directly to Mark and Chris.

    To register for the event, click here.

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  • Insider
    Shutterstock

    What To Invest In When The Everything Bubble Bursts

    Where will true value be found?
    by charleshughsmith

    Saturday, October 28, 2017, 5:38 AM

    10

    Executive Summary

    • Why conventional analysis may not be our best guide anymore
    • The critical importance of scarcity and value-production
    • Making the most of your time and capital
    • How to best prepare for the popping of the 'Everything' Bubble

    If you have not yet read Part 1: What Could Pop the Everything Bubble? available free to all readers, please click here to read it first.

    In Part 1, we surveyed the economic and socio-political dynamics that will pop the credit/asset bubbles that have created an illusion of normalcy, continuity and prosperity for the past eight years. So how do we non-elites prepare for the end of the everything bubble and the rise of economic, socio-political disorder?

    The Conventional Approach

    The conventional approach is to seek out assets that will survive either a deflationary implosion (i.e. an implosive collapse of collateral and debt) or high inflation fueled by massive helicopter money distributions to keep the “growth” machine chugging forward.

    The Usual Suspects are real-world tangible assets such as precious metals, real estate, orchards, oil fields, solar panels, etc.  These are touted as survivable assets because their utility value remains intact regardless of whether their price in currencies drops or soars.

    Another Usual Suspect is intrinsically scarce collectibles such as fine art, early 1960s-era Fender guitars, etc.

    A newcomer is bitcoin and the other leading cryptocurrencies, which are seen by many as holding scarcity value due to their limited issuance.

    This approach is commonsensical and sound, as far as it goes. But it is ultimately a financial approach, not much different than any other form of sell high, buy low, sell high advice of switching out of overvalued asset classes into undervalued asset classes, and then riding the uptrend in the undervalued asset until it too is overvalued.

    This approach assumes the larger socio-political-economic system will sort itself out in due time, i.e. it assumes continuity based on self-correcting mechanisms built into the financial status quo.

    I’m not so sure that the financial system has any self-correcting mechanisms left, or that they will function as expected in a phase shift or supernova implosion.

    Put another way…

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  • Insider

    Off The Cuff: It’s About To Get A Lot More Unfair

    When the next big crisis hits, the rules will get changed
    by Adam Taggart

    Friday, September 29, 2017, 12:29 AM

    7

    In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

    • Driving Blind
      • The data we are depending on is uselessly distorted..
    • Underestimated Risk
      • …so we can't see how tenuous things are right now
    • Setting Up For A Fall
      • …allowing valuations to get waayy ahead of fundamentals
    • A System Waiting For A Trigger
      • …all that's needed is a reason for the system to implode on itself

    This week Charles Hugh Smith returns to talk with Chris about the dangerous degree of distortion in today's world. Overvalued assets, ecological overshoot, over-leveraged economies, and increasingly antagonistic geopolitics — these and other other imminent threats should have our leaders and our markets girding against risk. But instead, the dominant narrative being put forth is that all is great and getting better. Complacency is being sold to us — even though, mathematically, the systems we depend on will experience tremendous shocks in the coming future.

    When that happens, Charles predicts the current set of rules we live by will quickly be changed by the central state "for the public good". These changes, however, will protect those at the top — the ones whose profligacy has run things of the rails — while stripmining the wealth of the 99%.

    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.
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  • Insider
    www.wicnews.com/

    Off The Cuff: Quantifiying The Impact Of Hurricane Harvey

    Likely the most costly US storm -- ever
    by Adam Taggart

    Thursday, August 31, 2017, 11:32 PM

    10

    In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

    • The Danger Has Not Yet Passed
      • Levee spillovers and other risks are still in play
    • The Impact On The Oil/Gasoline Market
      • Will be much larger than folks were originally expecting
    • The Costs To Rebuild Will Be Massive
      • Harvey will likely be the US' most expensive storm to-date
    • How To Prepare For Similar Disasters In The Future
      • Take action early. Don't lose urgency once the sun comes out

    In the midst of his hour-by-hour analysis of the situation in the Gulf in the aftermath of Harvey, Chris takes time to talk with Charles Hugh Smith about the repercussions of this mega-storm, both short and long-term.

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  • Insider

    Off The Cuff: Colliding Crises

    Energy, debt & resource shocks are in our near future
    by Adam Taggart

    Friday, July 7, 2017, 12:17 PM

    16

    In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

    • The Approaching Energy Crisis
      • It's not a matter of if, but when
    • The Approaching Debt Crisis
      • There's no escaping it
    • The Unfolding Resource Crisis
      • Scarcity is growing in nearly every system
    • The Inevitability of DeGrowth
      • We're going to have to transition, whether we want to or not

    This week's podcast is a particularly sobering one. Chris and Charles discuss the inevitable arrival of several approaching crises: declining net energy, too much debt, and depleting key natural resources.

    What this mean is that "DeGrowth" in our near-term future. As a global population, we are simply going to have to learn to do more with less: either on our terms or Mother Nature's. 

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  • Blog
    entrepreneur.com

    The Pin To Pop This Mother Of All Bubbles?

    A worsening shortfall in new credit creation
    by Chris Martenson

    Friday, June 16, 2017, 11:23 PM

    27

    Global macro economic data has been weak for many years, but there’s now a very real chance of a world-wide recession happening in 2017.

    Why? A dramatic and worsening shortfall in new credit creation.

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  • Insider

    Off The Cuff: The Demise Of The Current World Order

    A worldwide reset is approaching
    by Adam Taggart

    Friday, June 2, 2017, 8:00 PM

    7

    In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

    • History Is Full Of Cycles
      • 80-year & 240-year being the most dominant for empires
    • At The Cycles End
      • The US is at the end of both a 240-yr AND 80-yr cycle
    • A Global Reset
      • Given the huge distortions, a worldwide reckoning is overdue
    • What Will Emerge From The Ashes?
      • Will the new order make better decisions?

    This week, Chris and Charles look across the expanse of history, at past empires and the paths they followed as they collapsed. They see many signs that the current world order is reaching its last moments before something new emerges — likely out of the chaos of a systemic reset.

    Before that happens though, the current system needs to topple under the weight of its shortcomings, one of which is the concentration of wealth and power into fewer and fewer hands. Charles explains where to keep our focus:

    90% of our entire income, national income, and interactions are with a handful of cartels. Which we now have new ones. We've got Google, which is essentially a monopoly. We have Facebook, which is a monopoly. The dominant players are Apple, Netflix. The usual crowd. Amazon. They are so large, so wealthy that they're basically so far beyond competition that they're a monopoly. Once they start lobbying the pay for play democracy we have, then they're really going to be unassailable. Once they learn the tricks of the insurance companies and the military industrial complex and higher education, then they're going to build a regulatory moat that no one can get around, on top of their other advantages.

    We've got for profit cartels and then we have the central state. Which is married to the cartels — because they both need each other, they feed off each other. Those are failed models. Those platforms are going to unravel

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  • Blog
    wk1003mike/Shutterstock

    How Long Can The Great Global Reflation Continue?

    And what will happen when it ends?
    by charleshughsmith

    Saturday, May 20, 2017, 12:01 AM

    17

    Given the extraordinary failure of both Keynesian stimulus and private-sector credit growth to create a self-sustaining cycle of expansion whose benefits flow to the entire workforce rather than to the top few percent, what can we expect going forward? Can we just keep doubling and tripling the economy’s debt load every few years? What if household incomes continue declining? Are these trends sustainable?

    In the near-term, is this Great Reflation running out of steam, or is it poised for yet another leg higher? Which is more likely?

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  • Insider
    Danylo Samiylenko/Shutterstock

    Off The Cuff: Sowing The Seeds Of Our Self-Destruction

    Our broken culture is failing us and our progeny
    by Adam Taggart

    Thursday, May 4, 2017, 8:11 AM

    17

    In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

    • Our Sick Culture
      • Disconnected and depressive
    • We Are Deficient In Meaning
      • More & more of us live without purpose and value
    • Emotional Resilience
      • Each of us has the ability to chart a better course
    • Engaging Others
      • How to help others break free, too

    This week's Off The Cuff takes a more existential turn, as Chris and Charles focus on the many broken elements of today's culture, and the toxic effects they have on our quality of life. With so much social disconnectedness and disappearing prosperity, more and more of the population is simply surviving as opposed to living.

    To have quality of life, it is becoming more important than ever for each of us to become the captain of our own destiny, and seek to break out of the current our culture is dragging us along with.

    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.

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  • Insider
    Antonio Guillem/Shutterstock

    Off The Cuff: Weariness Everywhere In The Markets

    The support underlying today's sky-high prices is faltering
    by Adam Taggart

    Thursday, March 23, 2017, 8:43 PM

    29

    In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

    • Weariness Everywhere In The Markets
      • The post-election price support is evaporating
    • Confused Leaders
      • Chris recaps his latest meetings at the U.N.
    • Boomer Guilt
      • Divisions between the older haves & younger have-nots are growing
    • Banks & Government
      • A partnership of evil

    Charles returns to Off The Cuff this week to note the recent lack of vigor in today's financial markets. Does it portend a turning point?

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