page-loading-spinner

Podcast

by Chris Martenson

Precious metals analyst Ted Butler returns to the podcast this week to discuss the long-suffering silver price.

Will the beatings continue? Or is there finally reason to believe that, after seven painful years of languishing, silver may finally see a brighter future?

Butler predicts a turning point is nigh. And ironically, he thinks silver's savior will be the same cultprit responsible for keeping the price suppressed for all these years:

Ted Butler: New Hope For Higher Silver Prices
PREVIEW by Chris Martenson

Precious metals analyst Ted Butler returns to the podcast this week to discuss the long-suffering silver price.

Will the beatings continue? Or is there finally reason to believe that, after seven painful years of languishing, silver may finally see a brighter future?

Butler predicts a turning point is nigh. And ironically, he thinks silver's savior will be the same cultprit responsible for keeping the price suppressed for all these years:

by Chris Martenson

Executive Summary

  • Why the wealthy are plotting to leave us behind
  • The "madness of crowds" virtually ensures a period of social chaos when the system breaks
  • The media is, and will continue to be, used to manipulate the masses
  • The growing risk of a new kind of civil war in America
  • Preparing today will give you vastly more options tomorrow

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

The Wealthy Are Plotting To Leave Us Behind

In the absence of an official plan, you'd better have your own — something the extremely wealthy are already working on for themselves.

As the co-founders of Peak Prosperity, Adam and I happen to know and/or interact with quite a few wealthy people who are deeply concerned about the future and taking steps to assure their survival in it.  These people have access to the very best information; they know the system better than your average citizen.  They know what the weak points are and what could go wrong.

From our observations, it’s safe to say that the more insider-experience an individual has, the greater their concern.

The least-concerned people are those without much knowledge of the system (i.e., most "regular" folks). Or a weak sense of curiosity. Or, most damagingly, a propensity to get their news from the mainstream media.  Let’s just say that the information available to the “retail crowd” is either incomplete or misleading (and quite often intentionally so).

What I mean to say more directly is: if you're not already a billionaire and getting access to the very best and most accurate information, you’d do well to….

The Rich Are Planning For Catastrophe
PREVIEW by Chris Martenson

Executive Summary

  • Why the wealthy are plotting to leave us behind
  • The "madness of crowds" virtually ensures a period of social chaos when the system breaks
  • The media is, and will continue to be, used to manipulate the masses
  • The growing risk of a new kind of civil war in America
  • Preparing today will give you vastly more options tomorrow

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

The Wealthy Are Plotting To Leave Us Behind

In the absence of an official plan, you'd better have your own — something the extremely wealthy are already working on for themselves.

As the co-founders of Peak Prosperity, Adam and I happen to know and/or interact with quite a few wealthy people who are deeply concerned about the future and taking steps to assure their survival in it.  These people have access to the very best information; they know the system better than your average citizen.  They know what the weak points are and what could go wrong.

From our observations, it’s safe to say that the more insider-experience an individual has, the greater their concern.

The least-concerned people are those without much knowledge of the system (i.e., most "regular" folks). Or a weak sense of curiosity. Or, most damagingly, a propensity to get their news from the mainstream media.  Let’s just say that the information available to the “retail crowd” is either incomplete or misleading (and quite often intentionally so).

What I mean to say more directly is: if you're not already a billionaire and getting access to the very best and most accurate information, you’d do well to….

by Adam Taggart

Our good friend John Rubino over at DollarCollapse.com just released an analysis titled US Housing Bubble Enters Stage 2: Suddenly Motivated Sellers.

He reminds us that housing bubbles follow a predictable progression:

  • Stage 1: Mania — Prices rise at an accelerating rate as factors like excess central bank liquidity/loose credit/hot foreign money drive a virtuous bidding cycle well above sustainably afforable levels.
  • Stage 2: Peak — Increasingly jittery owners attempt to sell out before the party ends. Supply jumps as prices stagnate.
  • Stage 3: Bust — As inventory builds, sellers start having to lower prices. This begins a vicious cycle: buyers go on strike not wanting to catch a falling knife, causing sellers to drop prices further.

Rubino cites recent statistics that may indicate the US national housing market is finally entering Stage 2 after a rip-roaring decade of recovery since the bursting of the 2007 housing bubble:

Trouble Ahead For The Housing Market
by Adam Taggart

Our good friend John Rubino over at DollarCollapse.com just released an analysis titled US Housing Bubble Enters Stage 2: Suddenly Motivated Sellers.

He reminds us that housing bubbles follow a predictable progression:

  • Stage 1: Mania — Prices rise at an accelerating rate as factors like excess central bank liquidity/loose credit/hot foreign money drive a virtuous bidding cycle well above sustainably afforable levels.
  • Stage 2: Peak — Increasingly jittery owners attempt to sell out before the party ends. Supply jumps as prices stagnate.
  • Stage 3: Bust — As inventory builds, sellers start having to lower prices. This begins a vicious cycle: buyers go on strike not wanting to catch a falling knife, causing sellers to drop prices further.

Rubino cites recent statistics that may indicate the US national housing market is finally entering Stage 2 after a rip-roaring decade of recovery since the bursting of the 2007 housing bubble:

by Adam Taggart

So, we're in the midst of (yet) another rally in the markets. But this one feels different…

For those sitting on large cash positions, it's increasingly looking like the long-overdue and long-awaiting end to the secular bull market may indeed arrive this year.

There is NOTHING wrong with remaining 100% in cash and simply letting your cash appreciate realtive to stocks/bonds/etc when the correction hits.

But, if you want to have some upside exposure to the correction, now is a good time to consider how much of your portfolio to allocate to that strategy. And what to put it in. And to start putting small positions in place.

Technically, it continues to look like something broke at the start of 2018. The ruler-straight run-up in the major stock indeces seen over the past decade suddenly stopped as the year began. Since then, we've seen more price volatility than in the past several years combined.

And despite the most recent price action, both the Dow and the S&P 500 remain below their all-time-highs set in early January. And while the NADAQ is now higher, there are many reasons to be concerened about its ability to rise much further — a rationale I'll lay out shortly below.

Technical Red Flags

This latest rally is rising two important red flags.

The first is volume-related. This most recent rally has occured on exceptionally low volume, near the lowest levels seen over the past year.

This indicates that the optimism represented by today's buyers is not widespread across market participants (i.e., there's not a horde of buyers eager to keep pushing prices higher). This hints that the rally may soon run out of steam.

Low volume driving a rising market also suggests fewer buyers willing to step in to defend today's price levels if they start falling.

The second warning sign is that we're seeing Rising Wedge formations appearing in the major equity indices as we see in this chart…

The Case For Starting To Build A (Small) Short Position
PREVIEW by Adam Taggart

So, we're in the midst of (yet) another rally in the markets. But this one feels different…

For those sitting on large cash positions, it's increasingly looking like the long-overdue and long-awaiting end to the secular bull market may indeed arrive this year.

There is NOTHING wrong with remaining 100% in cash and simply letting your cash appreciate realtive to stocks/bonds/etc when the correction hits.

But, if you want to have some upside exposure to the correction, now is a good time to consider how much of your portfolio to allocate to that strategy. And what to put it in. And to start putting small positions in place.

Technically, it continues to look like something broke at the start of 2018. The ruler-straight run-up in the major stock indeces seen over the past decade suddenly stopped as the year began. Since then, we've seen more price volatility than in the past several years combined.

And despite the most recent price action, both the Dow and the S&P 500 remain below their all-time-highs set in early January. And while the NADAQ is now higher, there are many reasons to be concerened about its ability to rise much further — a rationale I'll lay out shortly below.

Technical Red Flags

This latest rally is rising two important red flags.

The first is volume-related. This most recent rally has occured on exceptionally low volume, near the lowest levels seen over the past year.

This indicates that the optimism represented by today's buyers is not widespread across market participants (i.e., there's not a horde of buyers eager to keep pushing prices higher). This hints that the rally may soon run out of steam.

Low volume driving a rising market also suggests fewer buyers willing to step in to defend today's price levels if they start falling.

The second warning sign is that we're seeing Rising Wedge formations appearing in the major equity indices as we see in this chart…

Total 6465 items

Daily Digest

Please login to submit a story to the Daily Digest.

View Past Daily Digests