Tag Archives: currencies

  • Podcast

    Patrick Byrne: Why Cryptocurrencies Matter

    They make freedom from the central banking cartel possible
    by Adam Taggart

    Sunday, July 30, 2017, 7:28 PM

    10

    This week we talk with Patrick Byrne, CEO of Overstock.com, and rare courageous voice within corporate America raising concern that powerful interests on Wall Street are destroying US companies for profit, robbing investors and destabilizing our financial system in the process. 

    Byrne has been an early advocate for digital currencies and their potential to protect financial wealth from the massive policy missteps being undertaken by the Federal Reserve. (In 2014, Overstock.com became the first major retailer to accept Bitcoin payments.) 

    In this week's podcast, Byrne details out the promising potential of cryptocurrencies and the blockchain, as well as his thoughts as to whether they will be able or not to evade subversion by the world central authorities.

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  • Podcast

    Axel Merk: Why Asset Prices Must Return To Lower Levels

    It's the price you pay for forcing capital to speculate
    by Adam Taggart

    Saturday, January 24, 2015, 8:59 PM

    20

    Saying it's been a busy week and half on the central bank front is perhaps a sizeable understatement. 

    First, the Swiss National Bank stunned the world (and its brethren central banks) by removing its peg to the Euro. This was quickly followed by Mario Draghi finally making good on his longtime threat of firing QE bazooka, announcing that the ECB will pursue a 60 billion Euro per month easing program for the next 16 months. And amidst all the smoke, the Canadian central bank snuck in a surprise rate cut to its interest rate.

    To make sense of both the "Why?" behind these extreme moves, as well as the "What?" in terms of their implications, Axel Merk, founder and Chief Investment Officer of Merk Funds joins us this week.

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  • Insider
    Irochka | Dreamstime.com

    How Things Unravel

    Slowly, and then all at once.
    by Chris Martenson

    Thursday, January 30, 2014, 3:46 AM

    17

    In a recent article, I noted the various signs that things are unraveling at the periphery. In the comments that followed, plenty of people (myself included) expressed the belief that the various Powers That Be are doing everything they can to limit the damage as much as possible.

    After a full weekend of burning up the phone lines and the midnight oil, the central banks of the world seemed to have calmed things down a bit by Tuesday (1/28/14), as evidenced by directional reversals in the prices of various currencies, gold, and stocks.  Everything that needed to head back the way it came, from a central banker perspective, was headed back in the "right" direction.

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  • Blog

    The Five Horsemen

    by Chris Martenson

    Saturday, August 29, 2009, 5:52 PM

    0

    Below is another Martenson Report from May of 2009, which I am now making available. 

    Nothing has been edited or changed.

    Enjoy.


    Executive Summary

    • What can we expect next, and how will we recognize it?
    • A series of sharp, interrupted shocks is more likely than a major sudden collapse.
    • Five game-changing events, what I call The Five Horsemen, will indicate that the rules have changed and a new reality is about to take over:
      • The First Horseman: New credit growth falls below interest payments
      • The Second Horseman: The Fed monetizes debt
      • The Third Horseman: Government deficit spending exceeds 10% of GDP
      • The Fourth Horseman: The dollar goes down, while interest rates go up
      • The Fifth (and final) Horseman: US debt becomes denominated in foreign currencies

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  • Blog

    The Five Horsemen – Martenson Report Ready

    by Chris Martenson

    Monday, June 1, 2009, 1:21 AM

    0

    There’s a new Martenson Report ready for enrolled members.  This week I spell out the five high level elements that I regularly track to guide my understanding of where we are and where we are headed.

    Link to The Five Horsemen

    A snippet:

    Executive Summary:

    • What can we expect next, and how will we recognize it?
    • A series of sharp, interrupted shocks is more likely than a major sudden collapse.
    • Five game-changing events, what I call The Five Horsemen, will indicate that the rules have changed and a new reality is about to take over:
      • The First Horseman: New credit growth falls below interest payments
      • The Second Horseman: The Fed monetizes debt
      • The Third Horseman: Government spending exceeds 10% of GDP
      • The Fourth Horseman: The dollar goes down, while interest rates go up
      • The Fifth (and final) Horseman: US debt becomes denominated in foreign currencies

      Severe structural damage has already been inflicted on our economy. As I wrote two weeks ago in It Has Hit the Fan:

    If you have been waiting for further confirmation about the direction of the economy, or waiting for a sign that it’s now time to get serious about preparing for a future filled with less, this report is written for you.

    You are living in the midst of the collapse of western economies, which are moving from a more complicated state to a less complicated one. This is it.  Keep a journal, because it’s happening right now.

    After the Great Depression, many people remarked that it was only obvious in retrospect. While it was unfolding, things steadily eroded. But 75% of the workforce remained employed, while hopeful signs of progress were constantly trotted out by various politicians, private economists, and official-sounding government agencies. It is often quite difficult to appreciate the true magnitude of sweeping change while it is occurring.

    The most pressing question now is this:  What can we expect next, and when? 

    In this report, I will give you the precise combination of macro-events that will cause me to issue an alert and kick my thinking and actions into new orbits.

    Best,
    Chris Martenson

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  • Podcast
    Chris recording a podcast.

    Subscriber Questions – Feb 22, 2009

    by Jason Wiskerchen

    Sunday, February 22, 2009, 8:51 PM

    0

    In this podcast we address subscriber questions.

    The topics include: 

    • Investing in foreign currencies
    • A potential dollar collapse and what that would mean
    • Inflation vs deflation
    • What to do in your community about foreclosures
    • Investing in gold (why and when to get out)
    • The risk of having loved ones far away in these times

    All the best,
    Chris

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  • Blog

    Financial recommendations – a brief look back at 2008

    by Chris Martenson

    Thursday, January 1, 2009, 10:26 PM

    0

    Eleven months ago, in February 2008, I led a conference at Rowe (MA) along with Becca Martenson and Alejandro Levins. At that time, the current financial crisis was not even on the radar screen for most journalists and investment houses.

    We made these financial recommendations:

    • Reduce exposure to equities
    • 10-50% of “Nest Egg” in Gold
    • Watch the markets carefully! Know what to look for.
    • 3 months’ expenses “out of the bank” and in cash (and remaining money in SAFER banks)

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