wealth

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We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History

And how do things usually work out for the rat?
Friday, August 17, 2018, 7:10 PM

This global flood of freshly-printed 'thin air' money has no parallel in the historical records. All around the world, each of us is part of a grand experiment being conducted without the benefits of either prior experience or controls. Its outcome will be binary: either super-great or spectacularly awful.

If the former, then no worries. We'll just continue to borrow and spend in ever-greater amounts -- forever. Perpetual prosperity for everyone!

But if things hit a breaking point, then you had better be prepared for some truly bad times. » Read more

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Upon The Next Crisis, The Rules Will Suddenly Change

For the benefit of the elites; not the rest of us
Friday, September 29, 2017, 8:02 PM

We can add a third certainty to the two standard ones (death and taxes): The rules will suddenly change when a financial crisis strikes.

Why is this a certainty? Human nature, politics and the structure of societies/economies ruled by centralized states (governments). » Read more

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We Need A Social Revolution

Our future depends on our willingness to fight for it
Friday, August 18, 2017, 6:12 PM

Governments and corporations cannot restore social connectedness and balance to our lives.

Only a social revolution that is self-organizing from the bottom-up can do that. » Read more

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Winning The Great Wealth Transfer

How to grow your wealth as our money dies
Friday, March 3, 2017, 10:59 PM

Executive Summary

  • There are too many claims on real wealth
  • Our currency has a destiny with the dustbin
  • When money dies, real wealth remains
  • How to ensure you're on the winning side of the Great Wealth Transfer

If you have not yet read Part 1: The Coming Great Wealth Transfer, available free to all readers, please click here to read it first.

Financial Repression is really just a stalling tactic designed to slowly take your purchasing power and help bail out an over-indebted system.  It works best when there’s wage inflation to help soften the blows; but there hasn’t been any of that in a long time, so the average household is just being crushed -- a situation easily confirmed in the observed elevated suicide rates, record opioid addiction levels and overdose rates, and ultra-low levels of job satisfaction. 

The main driver of the coming Wealth Transfer is rooted in the concept of too much money. And debt. They’re the same thing, as we have a debt-based money system. That is, our money is created through the issuance of debt.  One begets the other.  So we can track either (preferably both) to understand what’s really happening.

We do this here at Peak Prosperity because we very much want you to be on the right side of the Wealth Transfer.  Our goal is to educate, so that you can make informed decisions about how to best position yourself.  [Fun Fact: the root of ‘educate’ is the word ‘educe’ which means ‘to bring out.’  So for us, ‘educate’ does not mean to hand facts over for later recall, but rather it is a two-way process by which we can together bring out something that was hidden before and share that in common].

So, as we being to dig into the details here, take a moment to revisit our short Crash Course video chapters on money and money creation (at banks and The Fed). With that grounding, we can dive right into the role of money in an economy.

Remember, money and debt have no intrinsic value.  They only have value because we all agree that they do.  Money (and debt) has no intrinsic value beyond what we humans agree it has.  Money is a social agreement. 

A $20 bill has value because you and I agree that it does. Why we agree is because a $20 bill can do something for us. We can walk into a store and buy real things we need with it, therefore it has utility. If we couldn’t walk into a store and do anything with the money, then it would have no value at all.

For example, what do you think would happen if... » Read more

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Help With Your New Year's Resolutions

Invest in yourself this year
Wednesday, January 4, 2017, 9:09 PM

If you're one of the millions of folks here in the initial days of 2017 making resolutions for the new year, we'd like to lend support.

In the years since we started this site, we've created a lot of programming and services that are targeted at the most popular goals people make resolutions for. These solutions have helped a large number of folks make real, constructive and positive change in their lives. Maybe they will for you, too. » Read more

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What High Net Worth Investors Are Thinking

Notes from our latest wealth conference trip
Thursday, December 8, 2016, 11:37 PM

Here’s an update from the front lines.  Thanks to your continued support, Adam and I are able to carry the Peak Prosperity message out to an ever-increasing audience of both size and influence.

One of the recent trends has been to present at wealth conferences, where an assortment of big money managers converge to share ideas, shake hands with old friends and meet new people.

I’m just leaving the Opal Wealth Conference recently held at Laguna Beach CA. Here's what I learned. » Read more

Podcast

David Stockman: America Now Lives Under A 'Perverted Regime'

One foisted on the nation by its bipartisan ruling elites
Sunday, October 2, 2016, 1:19 PM

David Stockman, former director of the OMB under President Reagan, former US Representative, and veteran financier is an insider's insider. Few people understand the ways in which both Washington DC and Wall Street work and intersect better than he does.

In his upcoming book, Trumped! A Nation on the Brink of Ruin...And How to Bring it Back, Stockman lays out how we have devolved from a free market economy into a managed one that operates for the benefit of a privileged few. And when trouble arises, these few are bailed out at the expense of the public good.

Stockman brings us his report of what 30 years of politics, degenerative crony capitalism and “bubble finance” have finally wrought. The upheaval and crossroads represented by Donald Trump’s candidacy spell economic disaster or resurgence, depending on the steps America chooses to take from here. » Read more

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Hell To Pay

The final condition for a market crash is falling into place
Friday, September 23, 2016, 5:23 PM

Those familiar with my writing know I put the word “markets” in quotes because we no longer have a financial system where legitimate price discovery is a regular -- or even recognizable -- feature.

It's destined to fail. What more can be said about such a flawed system?

Well, a lot as it turns out. 

And failure to pay attention at this stage of economic and ecological history will prove to be exceptionally painful. » Read more

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The Importance Of Perseverance

Without training to overcome adversity, wealth is soon lost
Friday, September 16, 2016, 9:16 AM

There are literally thousands and thousands of books that have been written on how to amass wealth. Some excellent, some less so; and too many not worth the paper they're printed on. Each posits its own special strategy, promising a future of riches to the reader. Of course, were there a sure-fire recipe for making millions, it's a safe bet that the last thing the guy who figured it out would do is share it with the world.

But as mentioned, some of these books have real value. One whose lessons have stuck with me in the decades since I first read it is The Millionaire Next Door: The Surprising Secrets of America's Wealthy, first published in 1996 by two PhD researchers, Thomas Stanley and William Danko, » Read more

What Should I Do?

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How Soil Health Impacts All Wealth

A focus on the importance of healthy soils
Monday, November 23, 2015, 10:13 PM

In today’s complex economy how do we progress financially from where we are today and the life of abundance we seek? This is the first question a financial advisor will ask us. It is seldom an easy question to answer because the quality of our life isn’t measured purely in financial terms. There are multiple factors including our work, our family and, fundamentally, our values. How does our quest for financial wealth balance with the people and planet upon whom we depend? Surprisingly, it all begins with soil.