Paul Wheaton: Building A Better World In Your Backyard

The data is clear: humans are overtaxing the world’s ecosystems at an accelerating rate. How can society wean itself away from its business-as-usual practices of natural resource extraction and depletion? What steps can we take to be agents of positive, regenerative change? Paul Wheaton, proprietor of the websites Richsoil.com and […]

Daily Digest 8/19 – China Prepares Trade War ‘Nuclear Option,’ Bay Area Is Booming – And Bracing For Slowdown

Economy ‘You have to vote for me’ or stock market will crash, Trump says at rally (Sparky1) President Donald Trump on Thursday sought to reassure his supporters about the state of the U.S. economy despite the stock market volatility and told rallygoers in New Hampshire, a state that he hopes […]

Daily Digest 8/17 – Five Risks Facing The U.S. Economy, Nearly Half Of U.S. Adults Have Layoff Anxiety

Economy The trade war is already lost, Trump is doomed and this investment is about to go ‘ballistic,’ strategist says (Thomas R.) With the mainstream buzzing with recession fears, Schiff points out that investors are calling for the Fed to cut rates and go back to quantitative easing. But, he […]

Why Common Knowledge Changes The World

For those paying attention, there have been plenty of signs indicating that financial asset prices are dangerously overvalued and that the decade-long economic expansion is reversing towards recession. But the mainstream — until just recently — has refused to see this. Over most of 2019, investors have remained willing to […]

Daily Digest 8/16 – Good News Friday: A Cure For Ebola In The Congo, Rethinking The Link Between Crime And Incarceration

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. Enjoy! Economy Ine Chicago, Rethinking The Link Between Crime And […]

Daily Digest 8/15 – Recession Fears Just Hit 8-Year High, How Arctic Wildfires Change The World

Economy Recession fears just hit an 8-year high for the biggest investors on Wall Street (Thomas R.) The firm’s latest fund manager survey showed that 34% of investors think a recession is likely in the next 12 months, while 64% still think one is unlikely. That brings the overall recession […]

We Interrupt This Market Plunge To Bring You This Important Message…

What an ugly day for the markets. A sea of red everywhere (except for volatility): The major indices lost 3% pretty much across the board. We’ve been tracking the drivers underlying the market meltdown here on the site pretty much hourly. And you can be sure we’ll do so as […]

Daily Digest 8/14 – Recession Fears Spike to 2011 High, More Americans Falling Behind On Debt Payments

Economy Zimbabwe after Mugabe: The country where pensions have disappeared (Saxplayer00o1) He is 85, and served one company for 46 years as a cleaner, eventually rising to become a receptionist. Vesta says that increasing inflation has robbed them both of a comfortable retirement. A year ago Teddie’s monthly pension was […]

Daily Digest 8/13 – Dow Jones Tumbles 400 Points, Forest Animal Populations Plummeted Since 1970

Economy Dow Jones Tumbles 400 Points, But These 3 Blue Chip Stocks Are Holding Up (Thomas R.) The Dow Jones index has been stuck under its 50-day moving average now for a full week. It tested the 200-day early last week and is now 1% above the long-term support line. […]

Both Gold And Copper Warn: “Crisis!”

Gold has spiked higher in the overnight markets.  Copper continues to be weak.  That combination say that gold is not sniffing out an inflationary burst from some future burst of economic growth. If that were the case, copper wouldn’t be tanking here. Take a peek at these two charts. Let’s […]

Daily Digest 8/12 – China’s Sovereign Digital Currency ‘Almost Ready,’ How Bad Is The Trade War?

Economy Volatility in China’s yuan due to escalating U.S. trade friction: PBOC official (Thomas R.) The year-long trade war between the world’s two largest economies has already spread beyond tit-for-tat tariffs on goods to other areas such as technology, and analysts caution retaliation could widen in scope and severity, weighing […]

Daily Digest 8/10 – The Worst Is Still To Come In Energy Markets, MS ICE Raid Causes Chaos For Children

Economy This rebound is a ‘bump in the road on the way down,’ says strategist predicting ‘Lehman-like’ drop (thc0655) Takada said in a note to clients on Tuesday that the next sell-off could resemble a crisis-level plunge like the one that followed Lehman Brothers’ collapse. The bold call turned heads […]

Defending Against The Global Currency Crisis

Executive Summary The perverted bond market (nearly $20 trillion in negative yielding debt) is signalling an epic coming crisis A painful global recession is increasingly guaranteed in the coming 12 months. But that’s not the largest risk… A massive global currency crisis is brewing. One that could very well topple […]

The Hard Truth

It’s very easy to get sucked into the mini dramas playing out across our digital screens. Trump Tweeted this while the stock market did that.  Uh oh! Somebody’s experiencing something awful, or having a stroke of great fortune.  Hey, look! Kittens!   Watching CNN often feels like the inept product of […]

Daily Digest 8/9 – Good News Friday: How To Watch Perseid Meteor Shower, Is Aging A Disease?

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. Enjoy! Economy Comcast’s $10 internet plan opens up to all […]

Daily Digest 8/8 – Climate Change Threatens World Food Supply, When Will The Jenga Economy Fall?

  Economy When Will The Jenga Economy Fall? (pinecarr) ITM Trading is comprised of Precious Metals and Economic Experts. We are not financial planners, nor do we do general financial consulting. We are Gold & Silver Strategists. We sell Gold & Silver to Strategic Investors who want to protect their […]

Steve Keen: Could A Debt Jubilee Really Work?

Over the past decade, the world’s central banks have distorted the price of money by bringing interest rates to record lows. With credit so cheap, asset prices have risen dramatically as companies and governments have borrowed to the hilt. And now with the “Everything Bubble” threatening to burst (perhaps in […]

Daily Digest 8/7 – 5% Increase In Bankruptcies Nationwide, Is The ‘Everything Bubble’ Finally Popping?

Economy Cook County Home Values Down 31%, Property Taxes Up 22% Since 2007 (Saxplayer00o1) The biggest factor driving rising property taxes? Unsustainable growth in pension costs for government workers. Pension liabilities have risen faster than taxpayers’ ability to pay, forcing state and local governments to constantly scramble for new sources […]

Daily Digest 8/6 – The Invention Of Money, Food vs. Fuel vs. Forests

Economy Uproar as India abolishes Kashmir’s special autonomy (Sparky1) There were already growing fears among Kashmiris that the special status would be ditched after Modi’s Bharatiya Janata Party (BJP) obtained a large parliamentary majority in recent elections. His party had vowed to fulfil a long-held promise to scrap the laws, […]

Daily Digest 8/5 – Sharp Rise In Brazilian Deforestation Undeniable, The Metadata Trap

Economy Hong Kong police fire tear gas as city is again roiled by protests (Sparky1) On Saturday, protesters set fires in the streets, outside a police station and in rubbish bins, and blocked the entrance to the Cross-Harbour Tunnel, cutting a major artery linking Hong Kong island and the Kowloon […]