page-loading-spinner

Podcast

Image | Live Frugally, Retire Comfortably
Live Frugally, Retire Comfortably
 PREVIEW
by Chris Martenson

Executive Summary

  • Best practices in cost-accounting from the FIRE movement
  • The appeal of the 4% annual expense strategy
  • Life hacks in extreme frugality
  • The Peak Prosperity community shares its collective wisdom

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

What if it were possible to uncouple from the ‘rat race’ and thereby regain a big portion of your time to use as you please?

I assume everyone would find that desirable.  Time would open up for one to volunteer, travel, get in shape, meditate, sleep or do whatever you desire.

There’s a well-established movement underway the goes by the acronym FIRE, which stands for Financial Independence Retire Early.  It’s not for everybody, and has a ton of pros and cons, and I’m not advocating that anybody blindly adopt FIRE as their framework, although some of you may already pursue it and that’s fine.

I am saying that the movement has put a lot of thoughtful time into managing the income and expense parts of life and it has a lot of very practical advice to follow if one wishes.

My role is to set the stage. I’ve spent a huge amount of time reading blogs, finding resources, and condensing the learnings to save you time.

And what I’ve learned is…

Live Frugally, Retire Comfortably
 PREVIEW by Chris Martenson

Executive Summary

  • Best practices in cost-accounting from the FIRE movement
  • The appeal of the 4% annual expense strategy
  • Life hacks in extreme frugality
  • The Peak Prosperity community shares its collective wisdom

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

What if it were possible to uncouple from the ‘rat race’ and thereby regain a big portion of your time to use as you please?

I assume everyone would find that desirable.  Time would open up for one to volunteer, travel, get in shape, meditate, sleep or do whatever you desire.

There’s a well-established movement underway the goes by the acronym FIRE, which stands for Financial Independence Retire Early.  It’s not for everybody, and has a ton of pros and cons, and I’m not advocating that anybody blindly adopt FIRE as their framework, although some of you may already pursue it and that’s fine.

I am saying that the movement has put a lot of thoughtful time into managing the income and expense parts of life and it has a lot of very practical advice to follow if one wishes.

My role is to set the stage. I’ve spent a huge amount of time reading blogs, finding resources, and condensing the learnings to save you time.

And what I’ve learned is…

Image | Extreme Frugality
Extreme Frugality
by Chris Martenson

If you prefer to listen to the author read this article, Click Here. We didn’t have a lot growing up, as my mom had to single-parent three kids. Most anything I wanted required disciplined frugality. I bought my first fly rod from Orvis at the age of 13, which took the better part of a…
Extreme Frugality
 by Chris Martenson

If you prefer to listen to the author read this article, Click Here. We didn’t have a lot growing up, as my mom had to single-parent three kids. Most anything I wanted required disciplined frugality. I bought my first fly rod from Orvis at the age of 13, which took the better part of a…
Image | Skip Horner: A Legendary Adventurer’s Guide To Managing Risk
Skip Horner: A Legendary Adventurer’s Guide To Managing Risk
by Chris Martenson

As a professional adventurer, planning for risk — for danger, for the unexpected — is essential if you want to come home alive. Legendary mountaineer and white water rafting guide Skip Horner attributes his long career and his record of never having lost a client while in the wild to meticulous planning before he embarks on an expedition. Planning in advance allows him and his team to react swiftly when surprises arise, and often to notice adverse conditions developing early and resolve them before they worsen.

In this podcast, Skip shares his best practices for risk management, many of which universally apply to all dimensions of life including personal safety and financial security. And he drives these lessons home with white-knuckle stories from his personal adventures, when his life was held in the balance.
Skip Horner: A Legendary Adventurer’s Guide To Managing Risk
 by Chris Martenson

As a professional adventurer, planning for risk — for danger, for the unexpected — is essential if you want to come home alive. Legendary mountaineer and white water rafting guide Skip Horner attributes his long career and his record of never having lost a client while in the wild to meticulous planning before he embarks on an expedition. Planning in advance allows him and his team to react swiftly when surprises arise, and often to notice adverse conditions developing early and resolve them before they worsen.

In this podcast, Skip shares his best practices for risk management, many of which universally apply to all dimensions of life including personal safety and financial security. And he drives these lessons home with white-knuckle stories from his personal adventures, when his life was held in the balance.
Image | Iran Mocking US Sanctions
Iran Mocking US Sanctions
 PREVIEW
by Chris Martenson

It’s an odd feature of life in the west how major news events just seem to slip off into the distance so quickly and are forgotten by most.  Somehow, already, the situation with Iran is not even close to the top of my news and social media feeds.  It has regressed to a back burner.

Despite the US news cycle being replaced by other fleeting amusements, relations with Iran are even further off the rails this week than last week.
Iran Mocking US Sanctions
 PREVIEW by Chris Martenson

It’s an odd feature of life in the west how major news events just seem to slip off into the distance so quickly and are forgotten by most.  Somehow, already, the situation with Iran is not even close to the top of my news and social media feeds.  It has regressed to a back burner.

Despite the US news cycle being replaced by other fleeting amusements, relations with Iran are even further off the rails this week than last week.
Image | Off The Cuff: Decoding This Week’s Fed Minutes
Off The Cuff: Decoding This Week’s Fed Minutes
 PREVIEW
by Chris Martenson

In this week’s Off The Cuff podcast, Chris and Axel Merk discuss: Decoding The Fed’s Latest Commentary Cuts are coming = expect more bad news on the economy The Uncertainty Principle By reacting, the Fed may be creating the conditions it wants to avoid Gold Looking Good Lower real rates will push the gold price…
Off The Cuff: Decoding This Week’s Fed Minutes
 PREVIEW by Chris Martenson

In this week’s Off The Cuff podcast, Chris and Axel Merk discuss: Decoding The Fed’s Latest Commentary Cuts are coming = expect more bad news on the economy The Uncertainty Principle By reacting, the Fed may be creating the conditions it wants to avoid Gold Looking Good Lower real rates will push the gold price…
Image | ‘Somebody’ Finally Cares About Gold
‘Somebody’ Finally Cares About Gold
by Adam Taggart

On Tuesday, Mario Draghi apparently went rogue on his fellow policymakers and launched into a swan song version of his all-time hit “Whatever it takes”. The next day, Jerome Powell at the Fed confirmed his willingness to ease and let the market know he stands ready to cut rates multiple times over the next year.

That — plus a downed US drone patrolling the Iran border — poured gasoline on gold, which spiked as high as $1,410/oz, finally breaking free of the $1,350 ceiling that had blocked its advance for years.
‘Somebody’ Finally Cares About Gold
 by Adam Taggart

On Tuesday, Mario Draghi apparently went rogue on his fellow policymakers and launched into a swan song version of his all-time hit “Whatever it takes”. The next day, Jerome Powell at the Fed confirmed his willingness to ease and let the market know he stands ready to cut rates multiple times over the next year.

That — plus a downed US drone patrolling the Iran border — poured gasoline on gold, which spiked as high as $1,410/oz, finally breaking free of the $1,350 ceiling that had blocked its advance for years.
Image | Drone Shot Down, Gold And Oil Shoot Up
Drone Shot Down, Gold And Oil Shoot Up
 PREVIEW
by Chris Martenson

Maybe with all the monetary stimulus and other catalysts, oil and gold were just itching for a reason to go higher, but on Thursday morning oil convincingly launched higher on news that Iran shot down a US drone.

Gold, which had rather mysteriously spiked earlier on Wednesday night stayed elevated, even as copper, platinum and palladium all tumbled back lower throughout the day.

The drone shot down was a very advanced, and large version equipped presumably with the latest and most advanced spying and detection hardware. This action moves us a few notches closer to an actual shooting war with Iran.
Drone Shot Down, Gold And Oil Shoot Up
 PREVIEW by Chris Martenson

Maybe with all the monetary stimulus and other catalysts, oil and gold were just itching for a reason to go higher, but on Thursday morning oil convincingly launched higher on news that Iran shot down a US drone.

Gold, which had rather mysteriously spiked earlier on Wednesday night stayed elevated, even as copper, platinum and palladium all tumbled back lower throughout the day.

The drone shot down was a very advanced, and large version equipped presumably with the latest and most advanced spying and detection hardware. This action moves us a few notches closer to an actual shooting war with Iran.
Image | Ronni Stoeferle: In Gold We Trust
Ronni Stoeferle: In Gold We Trust
by Chris Martenson

Fresh from releasing his exhaustive 340-page annual report titled In Gold We Trust, Ronald Stoerferle joins us to summarize his forecast for the yellow metal.

Stoerferle, an author of several books on Austrian economics and head of strategy and portfolio management at Incrementum AG, concludes that gold is poised to move explosively higher. He sees a new bull market beginning for the precious metal — one likely to quickly build momentum as the impending recession arrives and the world’s central banks revert to extreme easing policy measures.

Ronni Stoeferle: In Gold We Trust
 by Chris Martenson

Fresh from releasing his exhaustive 340-page annual report titled In Gold We Trust, Ronald Stoerferle joins us to summarize his forecast for the yellow metal.

Stoerferle, an author of several books on Austrian economics and head of strategy and portfolio management at Incrementum AG, concludes that gold is poised to move explosively higher. He sees a new bull market beginning for the precious metal — one likely to quickly build momentum as the impending recession arrives and the world’s central banks revert to extreme easing policy measures.

Image | What Happens When War Meets Recession?
What Happens When War Meets Recession?
 PREVIEW
by Chris Martenson

Executive Summary

  • The recent tanker attacks in the Gulf of Oman are both odd and murky
  • Assessing what happens next in and around the Strait of Hormuz
  • Recession watch!  Many more signs of weakening with which to contend
  • When the black swan(s) arrive the bubble(s) will burst
  • Getting the timing right is going to be tricky, of course

If you have not yet read Part 1: Waiting For The Black Swan, available free to all readers, please click here to read it first.

There are a huge number of warning signs that a recession is imminent, if not already here, and the price of oil is one of them (more on the others later).

Right now, with oil inventories climbing despite relatively low global oil output, oil is saying “economic weakness is here.”

Perhaps the biggest “sour note” in the ongoing stock bull parade is the dramatic inversion of the yield curve, which means shorter maturity government paper is yielding more than longer maturity paper.

For example, you can get a higher yield on 3-month paper than 5-year paper.    This key indicator has now been inverted for a full quarter, an historically accurate indicator of recession.

Another is the difference between 6-month and 3-month T-bills.  Again, outside of a recession, we’ve never seen a reading as low as it is right now.

The reason I track the possibility of a recession so closely is because I don’t think that the vast majority of people will be ready to consider alternatives to the status quo as long as everything ‘seems fine.’  Despite a worsening trade war, despite weakening global trade, despite the many geopolitical risks, US and other equity markets continue to rise and seem impervious to any and all bad news.

Which is why I don’t think this bubble ends with mom and pop retail investors catching on and ducking out.  It will ends when…

What Happens When War Meets Recession?
 PREVIEW by Chris Martenson

Executive Summary

  • The recent tanker attacks in the Gulf of Oman are both odd and murky
  • Assessing what happens next in and around the Strait of Hormuz
  • Recession watch!  Many more signs of weakening with which to contend
  • When the black swan(s) arrive the bubble(s) will burst
  • Getting the timing right is going to be tricky, of course

If you have not yet read Part 1: Waiting For The Black Swan, available free to all readers, please click here to read it first.

There are a huge number of warning signs that a recession is imminent, if not already here, and the price of oil is one of them (more on the others later).

Right now, with oil inventories climbing despite relatively low global oil output, oil is saying “economic weakness is here.”

Perhaps the biggest “sour note” in the ongoing stock bull parade is the dramatic inversion of the yield curve, which means shorter maturity government paper is yielding more than longer maturity paper.

For example, you can get a higher yield on 3-month paper than 5-year paper.    This key indicator has now been inverted for a full quarter, an historically accurate indicator of recession.

Another is the difference between 6-month and 3-month T-bills.  Again, outside of a recession, we’ve never seen a reading as low as it is right now.

The reason I track the possibility of a recession so closely is because I don’t think that the vast majority of people will be ready to consider alternatives to the status quo as long as everything ‘seems fine.’  Despite a worsening trade war, despite weakening global trade, despite the many geopolitical risks, US and other equity markets continue to rise and seem impervious to any and all bad news.

Which is why I don’t think this bubble ends with mom and pop retail investors catching on and ducking out.  It will ends when…

Image | Waiting For The Black Swan
Waiting For The Black Swan
by Chris Martenson

Two more tankers were attacked near the Strait of Hormuz on Thursday morning  (6/13/19) in the Gulf of Oman, and if hostilities advance we could be facing a ‘black swan’ event. One that changes everything, and divides the world into ‘before’ and ‘after’ periods.

A lot of us are waiting for ‘something’ to happen. We know that there are too many unsustainable trends and practices running and we fall into the “let’s just rip the Band-Aid off” camp.   Some, like myself, have lost faith in the political leadership and institutions and doubt they retain any capacity to attend to anything more than their own selfish interests, let alone manage the difficult tasks ahead rooted as they are in systems theory and managing complexity.
Waiting For The Black Swan
 by Chris Martenson

Two more tankers were attacked near the Strait of Hormuz on Thursday morning  (6/13/19) in the Gulf of Oman, and if hostilities advance we could be facing a ‘black swan’ event. One that changes everything, and divides the world into ‘before’ and ‘after’ periods.

A lot of us are waiting for ‘something’ to happen. We know that there are too many unsustainable trends and practices running and we fall into the “let’s just rip the Band-Aid off” camp.   Some, like myself, have lost faith in the political leadership and institutions and doubt they retain any capacity to attend to anything more than their own selfish interests, let alone manage the difficult tasks ahead rooted as they are in systems theory and managing complexity.
Total 6347 items
Image | Peak Financial Investing – Homepage
Image | Above Phone – Homepage
Image | Join Peak
Image | GoldCore
Image | Proton Mail
Image | Crash Course 2.0 Now Available!
Image | Show Off Your Peak Pride!
Image | Peak Financial Investing – Homepage

Daily Digest

Please login to submit a story to the Daily Digest.

View Past Daily Digests

Image | Above Phone – Homepage
Image | Join Peak
Image | GoldCore
Image | Proton Mail
Image | Crash Course 2.0 Now Available!
Image | Show Off Your Peak Pride!