Investing in precious metals 101

Tag Archives: technology

  • Blog

    Hair-Trigger Markets

    Bull market liftoff? Or bear rally rollover?
    by Adam Taggart

    Saturday, March 16, 2019, 10:33 PM

    4

    The market looks very much paused at the brink of a breakout here. The question is: up or down?

    The bulls are expecting a sharp rebound in GDP from Q1, which they claim was artificially low due the government shutdown. They point to 2018's solid 3% economic growth, claiming the US is humming along fine and about to get a shot of adrenaline once America and China announce an end to their trade war. In their eyes, the S&P is poised to rocket higher once it punches vigorously above 2820.

    The bears see a topping out of a classic bear market rally, one that has been propelled by no convincing fundamentals — only central bank jawboning/easing and continued massive buyback programs (plus this week's rare Quad Witch options expiration). They see an extremely overbought market, with stocks ready to break down to new lows for the year.

    Which way will thing break?

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  • Daily Digest
    Image by Mohmed Althani, Flickr Creative Commons

    Daily Digest 4/16 -The Doomsday Maps Of The World, Miami Racing Against Time

    by DailyDigest

    Monday, April 16, 2018, 3:13 PM

    3
    • Here's How Facebook Tracks You When You're Not On Facebook
    • The Shocking Doomsday Maps Of The World And The Billionaire Escape Plans
    • Inside The Secret World Of Russia's Cold War Mapmakers
    • Cops Around the Country Can Now Unlock iPhones, Records Show
    • IEA: U.S.-China Trade Row Could Dampen Oil Demand Growth
    • The world faces a future of floods, famine, and extreme heat — here’s what it’ll take to bounce back
    • Miami is racing against time to keep up with sea-level rise
    • Gulf Stream current at its weakest in 1,600 years, studies show 
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  • Podcast

    Lewis Dartnell: How To Rebuild The World From Scratch

    If society collapsed overnight, how would we re-create it?
    by Adam Taggart

    Tuesday, December 5, 2017, 7:24 PM

    30

    If our technological society collapsed tomorrow, what crucial knowledge would we need to survive in the immediate aftermath and to rebuild civilization as quickly as possible?

    Ask yourself this: If you had to go back to absolute basics like some sort of post-cataclysmic Robinson Caruso, would you know how to recreate an internal combustion engine? Put together a microscope? Get metals out of rock? Or produce food for yourself?

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  • Blog
    Tatiana Shepeleva/Shutterstock

    Automating Ourselves To Unemployment

    How shortsighted policies are creating a long-term crisis
    by Adam Taggart

    Thursday, April 28, 2016, 1:39 AM

    47

    In this current era of central planning, malincentives abound. We raced to frack as fast we could for the quick money, while leaving behind a wake of environmental destruction and creating a supply glut that has killed the economics of shale oil. Our stock exchanges sell unfairly-fast price feeds for great sums to elite Wall Street high-frequency-trading firms, and as a result have destroyed investor trust in our financial markets.  The Federal Reserve keeps interest rates historically low to encourage banks to lend money out, yet instead the banks simply lever up to buy Treasurys thereby pocketing vast amounts of riskless free profit. The list goes on and on.

    One particular malincentive has been catching my attention recently, one that feels especially pernicious because it does not seem easily reversible, if at all. For US employers both large and small, it's becoming increasingly less appealing to employ human labor. 

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  • Podcast

    John Michael Greer: The God Of Technological Progress May Well Be Dead

    But society is unwilling to consider that
    by Adam Taggart

    Sunday, April 12, 2015, 6:49 PM

    69

    As we often state here at Peak Prosperity, the narratives we hold are immensely important. The stories running our heads influence everything from our beliefs to our values to our actions.

    Which is why it's so dangerous when a society clings onto a narrative that is no longer serving it well, a narrative divorced from reality.

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  • Insider
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    The 3 Likeliest Ways Things Will Play Out From Here

    Do you have a plan for each?
    by Chris Martenson

    Thursday, September 25, 2014, 7:58 PM

    35

    Executive Summary

    • The wisdom and value of scenario planning
    • Scenario #1: A Slow Burn
    • Scenario #2: Fragmentation
    • Scenario #3: A Hard Landing
    • The prudence of taking individual action now, vs depending upon "the system" to react to future events

    If you have not yet read Part 1: Ready Or Not available free to all readers, please click here to read it first.

    It all begins with the clear-eyed recognition that the old way of doing business is clearly unsustainable. And yet knowing that the various governmental and institutional powerbrokers are doing everything they can to perpetuate the status quo way of doing business.

    Business-as-usual is literally going to end in some flavor of disaster, and yet we collectively adhere to it, even when the end-point is as obvious as calculating the linear rate of withdrawal of water from a non-renewing aquifer.

    But there's nothing linear about the nested and/or intertwined complex systems we call the Economy, the Environment and Energy.  Each of these is independently complex, meaning they often easily defy the attempts to manage them. And they are utterly unpredictable for anything longer than the immediate term.

    For example, of the three, Energy seems the simplest, and it is.  But even there, we note that the amount of energy that can and will be extracted is a function of the price of energy, available technology and skills, capital available for investment, and what's actually down there in the earth to be pulled up.  In that list, several factors are courtesy of the Economy, which is itself dependent on Energy. A glitch in one can feedback rapidly to create a glitch in the other.

    Given all of this complexity, one good way to get a handle on things is to identify the scenarios we deem to be most likely given all available evidence, and then assign probabilities to each. Asking ourselves, What can we today to prepare for Scenario X? then allows us to begin constructing action plans to mitigate our vulnerability, and even better in cases, position ourselves to prosper as the future unfolds. 

    Scenario #1:  A Slow Burn

    In 2008, the practice of borrowing too much caught up with the developed world and a serious financial crisis threatened to take down the entire financial system.  Indeed, according to after-action reports from Hank Paulson (then Treasury Secretary) and Mervyn King (then BoE chairman), the world came within mere hours of a full-blown global banking system meltdown…

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  • Blog
    © HandmadePictures | Dreamstime.com

    Returning to the ‘Real’

    The virtual is not an adequate substitute for the authentic
    by JHK

    Tuesday, September 3, 2013, 3:34 PM

    41

    A paradox of life in these times is the inverse relationship between technological wizardry and the satisfactions of being a live organism in a real place (i.e., on the planet Earth).  It probably boils down to a proposition that the American public is not ready to entertain: that the virtual is not an adequate substitute for the authentic. Eventually it will be a hard lesson to learn.

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  • Daily Digest
    Image by ahisgett, Flickr Creative Commons

    Daily Digest 8/12 – Waves of Trash in Indonesia, Sharp Rise In Antarctic Ocean Acidity

    by DailyDigest

    Monday, August 12, 2013, 2:33 PM

    2
    • Gold bull or bear? Pick your timeline!
    • Meet the Low-Key, Low-Cost Grocery Chain Being Called ‘Walmart’s Worst Nightmare’
    • Economic Expansion Slows Down in Japan
    • Technology Industry Extends a Hand to Struggling Print Media
    • U.S. Energy Independence Doesn't Mean a Thing
    • Sharp rise in Antarctic seawater’s acidity
    • Photographer Captures Waves of Trash in Indonesia
    • New video: Jules Dervaes and his family at their Urban Homestead in Pasadena, California

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  • Daily Digest
    Image by Images_Of_Money, Flickr Creative Commons

    Daily Digest 5/13 – Currency War Winners And Losers, Detroit Is Insolvent

    by DailyDigest

    Monday, May 13, 2013, 3:52 PM

    4
    • Currency War: Winners And Losers
    • Detroit insolvent, EM Kevyn Orr says
    • Orr's Detroit report spurs worries over retiree pensions, benefits
    • EM to offer glimpse at Detroit's 'perfect storm of financial ruin'
    • No Mo' PoMo?
    • India Reluctant to Invest in Canada’s Oil & Gas Industry
    • Old Technology Fuels New Energy Boom
    • Illegal Fishing Linked to Seafood Fraud in New Report
    • Monsanto Wins Seed Case as High Court Backs Patent Rights

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