page-loading-spinner

Podcast

Image | Erik Townsend: Expect a U.S. Price Shock as Black Swans Come Home to Roost
Erik Townsend: Expect a U.S. Price Shock as Black Swans Come Home to Roost
by Adam Taggart

src=American investor (and longtime CM.com member) Erik Townsend has spent the past several years living internationally, with an eye to which countries may be good alternatives if economic crisis and/or Peak Oil start to materially impact life in the US. 

His main observation as an expat? Through its misguided policies, the US has been exporting inflation to the rest of the world, raising prices all over the globe (as an example, Erik cites a $57 chicken pot pie from the menu at a 'working class' restaurant in Australia). 

This inflation is affecting the rest of the world harshly, but is not yet being felt in the US due to our ability to export it as the issuer of the world's reserve currency. Our immunity will not last forever though, and when it ends, a massive upwards spike in prices is going to hit US markets.
Erik Townsend: Expect a U.S. Price Shock as Black Swans Come Home to Roost
 by Adam Taggart

src=American investor (and longtime CM.com member) Erik Townsend has spent the past several years living internationally, with an eye to which countries may be good alternatives if economic crisis and/or Peak Oil start to materially impact life in the US. 

His main observation as an expat? Through its misguided policies, the US has been exporting inflation to the rest of the world, raising prices all over the globe (as an example, Erik cites a $57 chicken pot pie from the menu at a 'working class' restaurant in Australia). 

This inflation is affecting the rest of the world harshly, but is not yet being felt in the US due to our ability to export it as the issuer of the world's reserve currency. Our immunity will not last forever though, and when it ends, a massive upwards spike in prices is going to hit US markets.
Image | Ben Davies: Greece is Just a Preview of What’s Coming For the Rest of Us
Ben Davies: Greece is Just a Preview of What’s Coming For the Rest of Us
by Adam Taggart

height=All eyes are on Greece these days, with hopes that the situation there can soon be resolved and global recovery kicked into high gear.

Sadly, those hopes are misguided claims Ben Davies, CEO of Hinde Capital. In fact, he says, Greece's pain foreshadows the future awaiting the rest of the world. 

It all comes down to simple math. Greece has increased its debts at a rate far faster than its income has grown. At some point, the debt became so large that the country could no longer service it.

What makes the rest of the PIIGS immune from a similar fate? Or Japan? Or the U.S.? Or the OECD, in general?

Nothing.

 
Ben Davies: Greece is Just a Preview of What’s Coming For the Rest of Us
 by Adam Taggart

height=All eyes are on Greece these days, with hopes that the situation there can soon be resolved and global recovery kicked into high gear.

Sadly, those hopes are misguided claims Ben Davies, CEO of Hinde Capital. In fact, he says, Greece's pain foreshadows the future awaiting the rest of the world. 

It all comes down to simple math. Greece has increased its debts at a rate far faster than its income has grown. At some point, the debt became so large that the country could no longer service it.

What makes the rest of the PIIGS immune from a similar fate? Or Japan? Or the U.S.? Or the OECD, in general?

Nothing.

 
Image | James Rickards: Paper, Gold, or Chaos?
James Rickards: Paper, Gold, or Chaos?
by Adam Taggart

History is replete with the carcasses of failed currencies destroyed through misguided intentional debasement by governments looking for an easy escape from piling up too much debt. James Rickards, author of the recent bestseller Currency Wars: The Making of the Next Global Crisis, sees history repeating itself today – and warns that we are in the escalating stage of a global currency war of the grandest scale.

Whether it ends in hyperinflation, in the return to some form of gold standard, or in chaos, history is telling us we can have confidence that it will end painfully.

 

James Rickards: Paper, Gold, or Chaos?
 by Adam Taggart

History is replete with the carcasses of failed currencies destroyed through misguided intentional debasement by governments looking for an easy escape from piling up too much debt. James Rickards, author of the recent bestseller Currency Wars: The Making of the Next Global Crisis, sees history repeating itself today – and warns that we are in the escalating stage of a global currency war of the grandest scale.

Whether it ends in hyperinflation, in the return to some form of gold standard, or in chaos, history is telling us we can have confidence that it will end painfully.

 

Image | Chris Answers Your Questions (Part 1)
Chris Answers Your Questions (Part 1)
by Adam Taggart

It's the big man's turn in the hot seat today.

A few weeks ago, we asked you, the CM.com community, what questions you would most like to hear Chris address in an interview. You weren't shy!

I sat down with a stack of your questions – ranging from precious metals investing to global warming to what Chris does to blow off steam – and grilled Dr. M as best I could.

Chris Answers Your Questions (Part 1)
 by Adam Taggart

It's the big man's turn in the hot seat today.

A few weeks ago, we asked you, the CM.com community, what questions you would most like to hear Chris address in an interview. You weren't shy!

I sat down with a stack of your questions – ranging from precious metals investing to global warming to what Chris does to blow off steam – and grilled Dr. M as best I could.

Image | Charles Eisenstein: It’s Time for a Better Narrative
Charles Eisenstein: It’s Time for a Better Narrative
by Adam Taggart

Our actions are determined by our beliefs. And our beliefs are shaped by the stories we tell ourselves.

So what happens when the stories we tell ourselves are inaccurate?

The short answer is, we find ourselves engaging in actions that aren't aligned with our best interests.

Charles Eisenstein has made a profession out of studying the intersection of economics and philosophy. And he thinks that over the past several generations, enabled by an unprecedented subsidy of abundant cheap energy, our society has become so far decoupled from natural laws that it has adopted a paradigm of thinking (or "stories") dangerously irrelevant to the future we face.

As resource scarcity increasingly expresses the natural forces that applied to our grandparents' generation and those prior, we are still living under a mindset that assumes predictable, endless growth.
Charles Eisenstein: It’s Time for a Better Narrative
 by Adam Taggart

Our actions are determined by our beliefs. And our beliefs are shaped by the stories we tell ourselves.

So what happens when the stories we tell ourselves are inaccurate?

The short answer is, we find ourselves engaging in actions that aren't aligned with our best interests.

Charles Eisenstein has made a profession out of studying the intersection of economics and philosophy. And he thinks that over the past several generations, enabled by an unprecedented subsidy of abundant cheap energy, our society has become so far decoupled from natural laws that it has adopted a paradigm of thinking (or "stories") dangerously irrelevant to the future we face.

As resource scarcity increasingly expresses the natural forces that applied to our grandparents' generation and those prior, we are still living under a mindset that assumes predictable, endless growth.
Image | James Dines: Owning ‘Wealth in the Ground’ Is Your Best Bet to Surviving the Coming ‘Supernova of Inflations’
James Dines: Owning ‘Wealth in the Ground’ Is Your Best Bet to Surviving the Coming ‘Supernova of Inflations’
by Adam Taggart

James Dines has been in the business of making bold calls for over 50 years. In this deep-diving interview, he minces no words about the dire risks the U.S. economy – and the world at large – faces at this juncture.

Simply put, he sees the excessive credit in the financial system as having placed the global economy on a collision course with hyperinflation.

Unlike past periods of turmoil, there are no truly 'safe' places for investment capital to hide. Geographic markets and almost all asset classes are positively correlated these days. They share many of the same risks, and if a systemic crash occurs, they will crash together.
James Dines: Owning ‘Wealth in the Ground’ Is Your Best Bet to Surviving the Coming ‘Supernova of Inflations’
 by Adam Taggart

James Dines has been in the business of making bold calls for over 50 years. In this deep-diving interview, he minces no words about the dire risks the U.S. economy – and the world at large – faces at this juncture.

Simply put, he sees the excessive credit in the financial system as having placed the global economy on a collision course with hyperinflation.

Unlike past periods of turmoil, there are no truly 'safe' places for investment capital to hide. Geographic markets and almost all asset classes are positively correlated these days. They share many of the same risks, and if a systemic crash occurs, they will crash together.
Image | John Mauldin: It’s Time to Make the Hard Decisions
John Mauldin: It’s Time to Make the Hard Decisions
by Adam Taggart

Back in the 1930s, Irving Fisher introduced a concept called the 'debt supercycle.' Simply put, it posits that when there is a buildup of too much debt within an economy, there reaches a point where there simply is no other available solution but to let it rewind.

We are at that point in our economy, as are most other major economies around the world, claims John Maudlin, author of the popular Thoughts from the Frontline newsletter and the recent bestselling book Endgame: The End of the Debt Supercycle and How It Changes Everything.

For the past several decades, excessive and increasing amounts of credit in the system have allowed us to live above our means as both individuals and nations. We've been able to have our cake and eat it, too. Now that the supercycle has ended and the inevitable de-leveraging cycle is staring us in the face, we will be forced to set priorities in a way that has been foreign to our society for over a generation.

John Mauldin: It’s Time to Make the Hard Decisions
 by Adam Taggart

Back in the 1930s, Irving Fisher introduced a concept called the 'debt supercycle.' Simply put, it posits that when there is a buildup of too much debt within an economy, there reaches a point where there simply is no other available solution but to let it rewind.

We are at that point in our economy, as are most other major economies around the world, claims John Maudlin, author of the popular Thoughts from the Frontline newsletter and the recent bestselling book Endgame: The End of the Debt Supercycle and How It Changes Everything.

For the past several decades, excessive and increasing amounts of credit in the system have allowed us to live above our means as both individuals and nations. We've been able to have our cake and eat it, too. Now that the supercycle has ended and the inevitable de-leveraging cycle is staring us in the face, we will be forced to set priorities in a way that has been foreign to our society for over a generation.

Image | Rick Rule: We’re Entering a Great Era for Resource Investing
Rick Rule: We’re Entering a Great Era for Resource Investing
by Adam Taggart

Recently, we crossed the seven billion threshold for humans on the planet. Most of these people are desperately trying to get up the living standard curve. And that requires resources.

Simple math tells us there is going to be increasing competition for a steadily dwindling – in both quantity and quality – global pool of high-grade resources. This 'scramble for stuff' is going to be one of the key defining trends of this century. And while it will have game-changing repercussions across societies, economies, and geopolitics, we are at a moment in time where tremendous upside awaits investors who recognize today the true future value of key resources and secure meaningful exposure to them.

Rick Rule has made a successful and storied career as a resource investor, and has rarely seen as attractive an alignment for the space as he does today. What is there to be so optimistic about?
Rick Rule: We’re Entering a Great Era for Resource Investing
 by Adam Taggart

Recently, we crossed the seven billion threshold for humans on the planet. Most of these people are desperately trying to get up the living standard curve. And that requires resources.

Simple math tells us there is going to be increasing competition for a steadily dwindling – in both quantity and quality – global pool of high-grade resources. This 'scramble for stuff' is going to be one of the key defining trends of this century. And while it will have game-changing repercussions across societies, economies, and geopolitics, we are at a moment in time where tremendous upside awaits investors who recognize today the true future value of key resources and secure meaningful exposure to them.

Rick Rule has made a successful and storied career as a resource investor, and has rarely seen as attractive an alignment for the space as he does today. What is there to be so optimistic about?
Image | Robert Rapier: The Scientific Challenges to Replacing Oil with Renewables
Robert Rapier: The Scientific Challenges to Replacing Oil with Renewables
by Adam Taggart

So, assuming the Peak Oil camp is on to something, what's the likelihood for a disruption-free transition to another energy source that can replace the energy output we currently enjoy from oil? There's no shortage of promising claims from new laboratory experiments, and there is a lot of optimism in political and entrepreneurial circles that renewable, alternative forms of energy (wind, solar, biofuels, etc) may be able to fill the "energy gap" in time. How realistic are these hopes?

Not very, says Robert Rapier, energy specialist and Chief Technology Officer of Merica International.

The problem is one of return on invested energy. It is extremely difficult to create fuels with the same energy-density Nature has concocted over thousands of millennia without using up as much (or more) energy in the process.
Robert Rapier: The Scientific Challenges to Replacing Oil with Renewables
 by Adam Taggart

So, assuming the Peak Oil camp is on to something, what's the likelihood for a disruption-free transition to another energy source that can replace the energy output we currently enjoy from oil? There's no shortage of promising claims from new laboratory experiments, and there is a lot of optimism in political and entrepreneurial circles that renewable, alternative forms of energy (wind, solar, biofuels, etc) may be able to fill the "energy gap" in time. How realistic are these hopes?

Not very, says Robert Rapier, energy specialist and Chief Technology Officer of Merica International.

The problem is one of return on invested energy. It is extremely difficult to create fuels with the same energy-density Nature has concocted over thousands of millennia without using up as much (or more) energy in the process.
Image | Gordon Chang: The Reasons for China’s Imminent Bust
Gordon Chang: The Reasons for China’s Imminent Bust
by Adam Taggart

The global dominant narrative about China is wrong, claims Gordon Chang. Don't expect it to be the 'pocketbook of last resort' that will rescue world markets from their current malaise.

And don't expect its remarkable economic growth to continue. In fact, expect a "hard landing" for China – and soon.

Forbes.com columnist and international lawyer Gordon Chang has spent much of his time since the early 1980s working and living in China. His primary knowledge of the country and his relationships there give him a superior understanding to how its economy is actually faring than many analysts based in the West. And what he sees today doesn't inspire confidence.

We are seeing the first real signs of slowdown in China's economic growth looking at the year-over-year numbers for the past several months. Car sales have decreased nearly 5% since last year, and property values are beginning to plummet in key markets (30% in October alone in Shanghai).

 
Gordon Chang: The Reasons for China’s Imminent Bust
 by Adam Taggart

The global dominant narrative about China is wrong, claims Gordon Chang. Don't expect it to be the 'pocketbook of last resort' that will rescue world markets from their current malaise.

And don't expect its remarkable economic growth to continue. In fact, expect a "hard landing" for China – and soon.

Forbes.com columnist and international lawyer Gordon Chang has spent much of his time since the early 1980s working and living in China. His primary knowledge of the country and his relationships there give him a superior understanding to how its economy is actually faring than many analysts based in the West. And what he sees today doesn't inspire confidence.

We are seeing the first real signs of slowdown in China's economic growth looking at the year-over-year numbers for the past several months. Car sales have decreased nearly 5% since last year, and property values are beginning to plummet in key markets (30% in October alone in Shanghai).

 
Total 344 items

Community

Top Conversation

 Prep Now for the Coming Winter Challenges
I’ve been doing a lot of thinking about the needs and sustainability of our family. We have six young children, our oldest just turned 12 and our youngest just turned 3 months old. I love the considerations that the article had above and thought I would add a few things that I have considered for our situation. My...
Image | hgrootveldgmail-com by hgrootveldgmail-com
36 95
View the conversation
Image | GoldCore

GoldCore

Learn more
Image | Above Phone

Above Phone

Learn more