On the the next radio program: "Has Novo Resources Made the Gold Discovery of the Century?" Robert Moriarty, Dr. Quinton Hennigh and Michael Oliver are guests.
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Profiting from Delusional Central Bankers

John Rubino and Eric Coffin return as guests on the radio show while Nick Appleyard visits for the first time. The world has bought the Keynesian notion that earthly paradise can be engineered by excessive consumption, zero savings and debt-based money created magically by central bankers. Central bankers have complied so much that the dollar ... [Read More]

Keeping Gold’s Recent Decline in Perspective

Michael Oliver, author of Momentum and Structural Analysis, has been enormously helpful to me. His work, not only in precious metals but in every market segment, provides a longer term perspective that accurately places investors on the right side of ... [Read More]

November 8 Week in Review

It was obviously a “Risk On” week, which of course means it was a not-so-good week for gold and Treasuries. Peter Schiff summed up the week with this comment: “It’s been a tough week for gold and silver and a record week for stocks because of—you ... [Read More]

Monetary Failure is Becoming Inevitable

Alasdair Macleod, Quinton Hennigh and Michael Oliver return as guests on this week’s radio show. An unpleasant conjunction of events is beginning to undermine government finances in more developed nations including the arrival of a long-term trend ... [Read More]

Economic Nationalism: From Mercantilism to World War II

[Excerpted from chapter 3 of Studies in Economic Nationalism.]  We now move to a period that, from the point of view of the present inquiry, is of particularly great importance. It extends over roughly 300 years — the 16th, 17th, and 18th centuries — ... [Read More]

VIX Warns Of Imminent Market Correction

The VIX is warning that a market peak may be setting up in the global markets and that investors should be cautious of the extremely low price in the VIX.  These extremely low prices in the VIX are typically followed by some type of increased ... [Read More]

Political and Social Conflict Is Accelerating: Here’s Why

All the status quo "fixes" only hasten the collapse of the status quo.That economic, social and political conflict is accelerating is self-evident. What's open to debate are the core drivers of conflict / disorder /unraveling.Here's the core ... [Read More]

U.S. Economic Data Continues To Show Rot On The Vine!

A Pfennig For Your Thoughts November 18, 2019 * Currencies rally on Friday, and remain well bid... * Gold gets sold on Friday and in the early morning today... Good day… And a Marvelous Monday to you! This will be a short week for yours ... [Read More]

WeWork’s IPO Disaster and the Problem of Easy Money

One of the most spectacular events in the startup world this year was the collapse of The We Company IPO. Originally WeWork, We is a company that is, essentially, a gigantic sublessor. Started in 2010 by Adam Neumann, the vision of We was to provide ... [Read More]

Daily Digest 11/18 – Saudi Arabia Puts $1.7T Price Tag On Oil Monopoly, 70% Of Americans Are ‘Struggling Financially’

Economy ‘We can’t take it anymore’: As Lebanon economy skids, jobs in firing line (Sparky1) Banks, which closed for half of October, have blocked most dollar withdrawals and transfers abroad to avoid capital flight. They shut again this week after a ... [Read More]

Jeff Deist on the Death to Tyrants Podcast

By: The Editors Jeff Deist joins the Death to Tyrants podcast to discuss themes in his recent article, "Politics Drops Its Pretenses" and his recent speech on how "meaningless words" create a narrative. Is "democracy" really a good thing? Do ... [Read More]

Globalist-Endorsed War on Cash May Be China’s Next Terrifying Weapon

Recent protests in Hong Kong, along with the resulting fall out from international corporations questioned for their relationships with mainland China, has placed a renewed focus on the authoritarianism of the Chinese Communist Party. This has led to ... [Read More]

If Not-QE Is QE, then is Not-a-Blowoff-Top a Blowoff Top?

Can $300 billion, or $600 billion, or even $1 trillion continue to prop up an increasingly risk-riddled, fragile $330 trillion global bubble in overvalued assets?When is "Not-QE" QE? When Federal Reserve Chairperson Jerome Powell declares QE is not ... [Read More]

The Indianapolis Monetary Convention

The presidential election of 1896 was a great national referendum on the gold standard. The Democratic Party had been captured, at its 1896 convention, by the Populist, ultra-inflationist, anti-gold forces, headed by William Jennings Bryan. The older ... [Read More]

Daily Digest 11/16 – Global Debt Reaches Record High, Protests Grip Major Iran Cities Over Gas Prices

Economy Report: Global debt reaches record high, led by U.S., China (Sparky1) The report said that record-low interest rates made it easier for companies and businesses over this time to borrow money. While the U.S. Federal Reserve has made cuts in ... [Read More]

China’s Growing Real Estate Bubble

China’s economy has been growing dramatically for many years to become one of the world’s leading economies. According to the World Bank, in 2018, China's GDP (nominal) was 13,608 trillion USD, the second-highest in the world.1 However, there is some ... [Read More]

Why The Risk Of A Correction Is So High Right Now

Executive Summary How our driven pursuit of "growth" is putting the entire system at risk Why those running the system do NOT have our interests in mind Why a correction risk is so high right now Why our odds keep getting worse If you have ... [Read More]

The Federal Reserve Is Directly Monetizing US Debt

The Federal Reserve is now directly monetizing US federal debt. Sure, it’s not admitting to this. And it’s using several technical jinks and jives to offer a pretense that things are otherwise. But it’s not terribly difficult to predict what’s going ... [Read More]

The West Was Never Really an Enemy of Soviet Communism

[Vladimir Bukovsky, tr. Alyona Kojevnikov, Judgment in Moscow: Soviet Crimes and Western Complicity (Ninth of November Press, 2019), 707 pages.] Few remember him today, for reasons that should unsettle us all, but Vladimir Bukovsky was a hero from ... [Read More]

Medicare-for-All “Socialism” Is Just Another Racket

The entire system of health needs to be re-organized from the ground up, and funding the rackets will only speed the collapse of the system.The core problem with "socialist" proposals such as Medicare-for-All is that they don't actually fix what's ... [Read More]

Daily Digest 11/15 – Good News Friday: How Meditation Can Help You Make Fewer Mistakes, Replacing Plastic With Compostable Material

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header "Good News Friday." We will save and post weekly. ... [Read More]

Yes, Taxation Is Theft

Libertarians think that taxation is theft. The government takes away part of your income and property by force. Your payments aren’t voluntary. If you think they are, try to withhold payment and see what happens. An influential book by Liam Murphy ... [Read More]

It’s Trump vs. the Deep State vs. the Rest of Us

One of the best side effects of the Trump presidency has been the hostility of the so-called "deep state" or "intelligence community" directed at the president. This, in turn, has led many Americans to realize that America's powerful, un-elected ... [Read More]

How Entrepreneurs Build the World

Jeff Deist: Professor Bylund, you grew up in Sweden. What stands out from your childhood? PER BYLUND: I grew up in a suburb of Stockholm, separated from Stockholm by just a lot of nature. It’s close enough to be part of the Stockholm metropolitan ... [Read More]