Investing in precious metals 101

Tag Archives: hyperinflation

  • Blog
    buy and store gold and silver

    A Primer On How To Buy And Store Gold & Silver

    Most people aren't aware of the full range of options
    by Adam Taggart

    Saturday, March 30, 2019, 4:19 PM

    26

    I’m always surprised by how few people understand the options for buying precious metals. Even the very affluent.

    I find myself guilty of assuming that everyone is as familar as I with the full specturm of gold-silver purchase options available. So to correct that, I’ve taken the time this week to detail those options out for the novice buyer.

    So, if you’ve been thinking about converting some of your paper fiat money into precious metals but are unsure how to start, wonder no more.

    Below is a primer of the main options available to you, and in which situations each makes sense to consider.

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  • Insider

    Off The Cuff: When Does The System Break?

    Where's the line where inflation will become hyperinflation?
    by Adam Taggart

    Wednesday, February 20, 2019, 10:13 AM

    19

    In this week's Off The Cuff podcast, Chris and John Rubino discuss:

    • When Does The System Break?
      • When will (hyper)inflation become the greater risk?
    • When Will The Central Banks Lose Control?
      • Their intervention is becoming increasingly desperate
    • Recession & Debt Exhaustion
      • These are limits that can't be 'printed away' forever
    • The Rise Of Authoritarianism
      • More countries are giving the State more power

    One of the most frequent questions we're asked here at Peak Prosperity is: When does all this blow up? When do the sins of the past — rampant debt/deificit spending, monetary meddling, cronyism, lies & propaganda, resource despoilage — catch up with us and force a day of reckoning?

    Well, in this week's podcast, Chris and John Rubino bravely attempt to answer. Their conclusions aren't pretty; it's better we be forewarned of the risks than slam into them blindly.

    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.

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  • Insider
    Syda Productions/Shutterstock

    The Ka-POOM! Survival Guide

    How to end up on the winning side of the Wealth Transfer
    by Chris Martenson

    Saturday, March 11, 2017, 5:02 AM

    22

    Executive Summary

    • Understanding the details of the Ka-POOM! theory
    • The end game: hyperinflation
    • Transitioning to tangible (vs paper) assets
    • The critical importance of timing as things switch from deflation to runaway inflation

    If you have not yet read Part 1: When This All Blows Up,  available free to all readers, please click here to read it first.

    Ka-POOM!

    Now it’s time to revisit the Ka-POOM theory which posits that bubbles will be blown, then they will deflate (or threaten to, more precisely), and that will then be met with more money printing.  Our view is that this cycle will continue until the entire system is utterly ruined, the underlying currencies destroyed.

    What the 2008 financial crisis made clear is that when natural market forces work to purge the oversupply of poor-quality debt from the system. The bad mortgages (think subprime), the bad sovereign debts (think Greece), and the loan portfolios of over-extended financial institutions (think Citibank) represented ‘poor quality debt.’  When the market (finally) figured out that those debts would never be repaid at face value, or perhaps at all, turmoil erupted.

    During times like these a vicious sequence begins: the market demands higher interest rates for the increased risks it sees. This makes debts harder to service, ultimately triggering defaults, which only compounds the difficulties as interest costs and defaults spiral ever upwards until the system is purged.  Think of it as nature’s way of removing bad credit from the world, the way a lion chases the lamest antelope first.

    Because in our fiat currency system ‘all money is loaned into existence’ (see chapters 7 and 8 of The Crash Course on-line video series), during periods of high debt default, the money supply shrinks. Money is created when a loan is made and, conversely, money disappears when a debt defaults (or is paid back). This is the textbook definition of deflation—a common symptom of which is falling prices the cause of which is that there’s just less money (and/or credit) available to chase goods and services.

    As a reminder, money is a claim on real wealth and debt is a claim on future money.  All that happens when we borrow more and more is that we push our problems of paying for what we want out into the future.  Which means that…

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  • Blog
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    When This All Blows Up…

    Understanding the how & when of the next economic crash
    by Chris Martenson

    Saturday, March 11, 2017, 5:01 AM

    23

    This report marks the end of a series of three big trains of thought. The first explained how we’re living through the Mother Of All Financial Bubbles. The next detailed the Great Wealth Transfer that is now underway, siphoning our wealth into the pockets of an elite few.

    This concluding report predicts how these deleterious and unsustainable trends will inevitably ‘resolve’ (which is a pleasant way of saying ‘blow up’.)

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  • Podcast

    FerFAL: Understanding Societal Collapse

    Warnings we should heed from Venezuela's crisis
    by Adam Taggart

    Sunday, May 22, 2016, 5:18 PM

    79

    As we write about the risks of our over-indebted economy, of our unsustainable fossil fuel-dependent energy policies, and our accelerating depletion of key resources, it's not a far leap to start worrying about the potential for a coming degradation of our modern lifestyle — or even the possibility of full-blown societal collapse.

    Sadly, collapse is not just a theoretical worry for a growing number of people around the world. They're living within it right now.

    This week, we catch up with Fernando "FerFAL" Aguirre, who began blogging during the hyperinflationary destruction of Argentina’s economy in 2001 and has since dedicated his professional career to educating the public about his experiences and observations of its lingering aftermath. Given his first-hand experience with living through, and eventually escaping, economic collapse in South America, we asked him to offer his insider's perspective on the current crisis in Venezuela, as well as the devolving situation in Brazil.

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  • Insider
    Michael Wick/Shutterstock

    From Deflation To Hyperinflation

    Expect a market crash followed by helicopter money
    by Chris Martenson

    Thursday, October 1, 2015, 4:36 AM

    68

    Executive Summary

    • China is rolling over
    • Contagion will eventually take down the core economies, including the US
    • We are witnessing a full-blown collapse of the commodity complex
    • Deflation will win the day over the next year, but then get ready for helicopter money hyperinflation

    If you have not yet read Part 1: Deflation Warning: The Next Wave available free to all readers, please click here to read it first.

    The Chinese GDP Lie

    Right off the top, China is not growing anywhere near the 7% it claims.  That’s just a politically useful lie that the Chinese tell to the world as much as they tell to themselves.

    Fortunately, hardly anyone is falling for that particular fib any longer.  Let’s start with the completely obvious manufacturing slump that has hit China:

    Chinese Factory Gauge Slumps to Lowest Level Since March 2009

    Sept 22, 2015

    A private Chinese manufacturing gauge fell to the lowest in 6 1/2 years, underscoring challenges facing the economy as its old growth engines splutter.

    A global sell off in riskier assets gained pace after the preliminary Purchasing Managers’ Index from Caixin Media and Markit Economics dropped to 47.0 in September. That missed the median estimate of 47.5 in a Bloomberg survey and fell from the final reading of 47.3 in the previous month. Readings have remained below 50 since March, indicating contraction.

    Premier Li Keqiang’s growth target of about 7 percent for this year is being challenged by a slowdown in manufacturing and exports even as services and consumption show resilience.

    (Source)

    The way a PMI reading works is anything over 50 indicates expansions and anything under 50 indicates contraction.  Anybody care to explain to me how China can be sporting sub-50 readings every month since March — that’s five full months — and still be claiming to be aiming for a 7% annual growth target?  You know, because China is…

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  • Blog
    Ivan Cholakov/Shutterstock

    Deflation Is Winning – Beware!

    Expect the ride to get even rougher
    by Chris Martenson

    Friday, July 24, 2015, 3:03 PM

    14

    Deflation is back on the front burner and it's going to destroy all of the careful central planning and related market manipulation of the past 6 years.

    Clear signs from the periphery indicate that a destructive deflationary pulse has been unleashed. Tanking commodity prices are confirming that idea. 

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  • Podcast

    Philip Haslam: When Money Destroys Nations

    Understanding how currencies collapse
    by Adam Taggart

    Monday, March 23, 2015, 9:54 PM

    24

    To understand better the anatomy of a currency collapse, we talk this week with Philip Haslam, author of the book When Money Destroys Nations. Haslam is an authority on monetary history, and more recently, has spent much time in Zimbabwe collecting dozens of accounts of the experiences real people had as the currency there failed. 

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