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Donald Trump

by Adam Taggart

In this week's Off The Cuff podcast, Chris and Dave Fairtex discuss:

  • Whither These Markets Goest From Here?
    • Lots of scary data, but Dr. Copper is feeling lucky
  • Revisiting The Ka-POOM Theory
    • Might we avoid the Ka and go directly to POOM?
  • The Impact of Artificial Intelligence
    • It surely a game changer. But how?
  • Gold
    • Are the recent moves just a head-fake?

Dave Fairtex, PeakProsperity.com's precious metals daily analyst from Singapore, joins Chris this week to opine on a wide range of topics from the markets, to AI, to the refugee crisis in Europe. The two spend time talking about where the catalyst for a market correction is most likely to come from. And while there is a plethora of candidates, Dave sees political risk as topping the list:

My sense is that I think the central planners have the monetary thing wired. Let’s take the ECB. They have figured out a way to make it so that strictly monetary issues don’t cause problems anymore.

So what that leaves us with is political problems. That’s why I'm looking at what’s happening here, with the migrants in Europe and all the rest of it.Trump was an indicator that the central banks have the money stuff nailed down, but they don’t have the political movements fully under control.

So the longer-term stuff about screwing the savers and all the rest of it – that stuff they can’t control. I don’t know; maybe money printing works until the political situation changes. That’s where I’m leaning right now. 

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
Off The Cuff: The Pin To Pop This Bubble?
PREVIEW by Adam Taggart

In this week's Off The Cuff podcast, Chris and Dave Fairtex discuss:

  • Whither These Markets Goest From Here?
    • Lots of scary data, but Dr. Copper is feeling lucky
  • Revisiting The Ka-POOM Theory
    • Might we avoid the Ka and go directly to POOM?
  • The Impact of Artificial Intelligence
    • It surely a game changer. But how?
  • Gold
    • Are the recent moves just a head-fake?

Dave Fairtex, PeakProsperity.com's precious metals daily analyst from Singapore, joins Chris this week to opine on a wide range of topics from the markets, to AI, to the refugee crisis in Europe. The two spend time talking about where the catalyst for a market correction is most likely to come from. And while there is a plethora of candidates, Dave sees political risk as topping the list:

My sense is that I think the central planners have the monetary thing wired. Let’s take the ECB. They have figured out a way to make it so that strictly monetary issues don’t cause problems anymore.

So what that leaves us with is political problems. That’s why I'm looking at what’s happening here, with the migrants in Europe and all the rest of it.Trump was an indicator that the central banks have the money stuff nailed down, but they don’t have the political movements fully under control.

So the longer-term stuff about screwing the savers and all the rest of it – that stuff they can’t control. I don’t know; maybe money printing works until the political situation changes. That’s where I’m leaning right now. 

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
by David Collum

Every year, friend-of-the-site David Collum writes a detailed "Year in Review" synopsis full of keen perspective and plenty of wit. This year's is no exception. As with past years, he has graciously selected PeakProsperity.com as the site where it will be published in full. It's quite longer than our usual posts, but worth the time to read in full.

2016 Year In Review
by David Collum

Every year, friend-of-the-site David Collum writes a detailed "Year in Review" synopsis full of keen perspective and plenty of wit. This year's is no exception. As with past years, he has graciously selected PeakProsperity.com as the site where it will be published in full. It's quite longer than our usual posts, but worth the time to read in full.

by charleshughsmith

Executive Summary

  • How the Deep State/"shadow government" came to be
  • A number of "quiet coups" have concentrated power over the decades
  • The moral hypocrisy of today's ruling elite and the public's growing rebellion against it
  • The key success factor the current people's coup will need in order to triumph

If you have not yet read Part 1: The Power Struggle Unfolding Before Our Eyes available free to all readers, please click here to read it first.

In Part 1, we reviewed six narratives that seek to “explain” Donald Trump’s unexpected victory in the 2016 presidential election. We then distilled these narratives down into three categories: moral claims, elite machinations and structural economic/social issues.

I propose that the most comprehensive explanatory narrative of Trump’s improbable victory is The People Staged a Coup D’Etat.

Threats to Democracy

To understand this narrative, we must first examine the structure of the American system of governance and the previous “quiet coups” that consolidated power in new elites.

In broad brush, the U.S. Republic was designed to be run by elites—hence the Electoral College and the bicameral legislature with a senate overseeing the rabble of the House of Representatives.

The founders—particularly James Monroe and his allies—were acutely aware that the greatest threats to an enduring democracy were a tyranny of the majority, a majority that undermined the civil liberties for all, or an elite whose powers could not be constrained.  This is the purpose of the balance of powers between the Executive, legislative and judicial branches of the federal government.

But these structural efforts to restrain a tyranny of the majority or an above-the-law ruling elite, the U.S. has experienced both a tyranny of the majority—the Jim Crow racial discrimination that was institutionalized in the Southern states until the mid-1960s—and a ruling elite that is above the law.

I would argue that the current ruling elite (neocon, neoliberal) personified by Hillary Clinton, is effectively a force unto itself, i.e. above the law.

The roots of this ruling elite’s expansive power can be traced to the 1940s rise of the National Security State, the catch-all term for the institutions (CIA, Department of Defense) established by…

Why The Ruling Elite Are Becoming Frightened
PREVIEW by charleshughsmith

Executive Summary

  • How the Deep State/"shadow government" came to be
  • A number of "quiet coups" have concentrated power over the decades
  • The moral hypocrisy of today's ruling elite and the public's growing rebellion against it
  • The key success factor the current people's coup will need in order to triumph

If you have not yet read Part 1: The Power Struggle Unfolding Before Our Eyes available free to all readers, please click here to read it first.

In Part 1, we reviewed six narratives that seek to “explain” Donald Trump’s unexpected victory in the 2016 presidential election. We then distilled these narratives down into three categories: moral claims, elite machinations and structural economic/social issues.

I propose that the most comprehensive explanatory narrative of Trump’s improbable victory is The People Staged a Coup D’Etat.

Threats to Democracy

To understand this narrative, we must first examine the structure of the American system of governance and the previous “quiet coups” that consolidated power in new elites.

In broad brush, the U.S. Republic was designed to be run by elites—hence the Electoral College and the bicameral legislature with a senate overseeing the rabble of the House of Representatives.

The founders—particularly James Monroe and his allies—were acutely aware that the greatest threats to an enduring democracy were a tyranny of the majority, a majority that undermined the civil liberties for all, or an elite whose powers could not be constrained.  This is the purpose of the balance of powers between the Executive, legislative and judicial branches of the federal government.

But these structural efforts to restrain a tyranny of the majority or an above-the-law ruling elite, the U.S. has experienced both a tyranny of the majority—the Jim Crow racial discrimination that was institutionalized in the Southern states until the mid-1960s—and a ruling elite that is above the law.

I would argue that the current ruling elite (neocon, neoliberal) personified by Hillary Clinton, is effectively a force unto itself, i.e. above the law.

The roots of this ruling elite’s expansive power can be traced to the 1940s rise of the National Security State, the catch-all term for the institutions (CIA, Department of Defense) established by…

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