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Image | Ask the Adviser: Risk-Managed Investing
Ask the Adviser: Risk-Managed Investing
by Adam Taggart

If you have money in the financial system (stocks, bonds, retirement funds, etc.) and you share the same skepticism most of our readers have about the markets' future stability, how should you invest those funds?

Most of the folks who inquire about our endorsed financial advisers are far more interested in preserving the purchasing power of their wealth vs. aggressively trying to beat the market average each year. But how exactly does one do that?

In this week's podcast, Chris sits down again with Mike Preston and John Llodra to discuss risk-managed investing.

Ask the Adviser: Risk-Managed Investing
 by Adam Taggart

If you have money in the financial system (stocks, bonds, retirement funds, etc.) and you share the same skepticism most of our readers have about the markets' future stability, how should you invest those funds?

Most of the folks who inquire about our endorsed financial advisers are far more interested in preserving the purchasing power of their wealth vs. aggressively trying to beat the market average each year. But how exactly does one do that?

In this week's podcast, Chris sits down again with Mike Preston and John Llodra to discuss risk-managed investing.

Image | A Short Lesson in Bad Decision-Making
A Short Lesson in Bad Decision-Making
by Adam Taggart

In business school I had to take an introductory class in statistics that we colloquially called "D&D." The official course name was Data & Decision-making.

In retrospect, it was a truly valuable class (one of very few I encountered in b-school). If you can figure out how to use statistics to determine the most probable outcome from a set of scenarios, or find predictive correlations from within a sea of data, that's real power. You can take a lot of the guesswork out of decision-making and consequently make the "right" call much more often.
A Short Lesson in Bad Decision-Making
 by Adam Taggart

In business school I had to take an introductory class in statistics that we colloquially called "D&D." The official course name was Data & Decision-making.

In retrospect, it was a truly valuable class (one of very few I encountered in b-school). If you can figure out how to use statistics to determine the most probable outcome from a set of scenarios, or find predictive correlations from within a sea of data, that's real power. You can take a lot of the guesswork out of decision-making and consequently make the "right" call much more often.
Image | Off the Cuff: Our Government is Feeding Itself by Eating Itself
Off the Cuff: Our Government is Feeding Itself by Eating Itself
 PREVIEW
by Adam Taggart

In this week's Off the Cuff podcast, Chris and John Michael Greer discuss:

  • Government By Cannibalism
    • ​Good programs are increasingly killed to support bad ones
  • ​'Shale Miracle' Propaganda PR
    • ​The energy boom story we're being sold is wrong
  • ​How to Cut Your Energy Consumption by 25% for a Few $ Hundred
    • ​A simple trip to the hardware store
  • ​Living with Less
    • ​Easier than you think. More satisfying, too
Off the Cuff: Our Government is Feeding Itself by Eating Itself
 PREVIEW by Adam Taggart

In this week's Off the Cuff podcast, Chris and John Michael Greer discuss:

  • Government By Cannibalism
    • ​Good programs are increasingly killed to support bad ones
  • ​'Shale Miracle' Propaganda PR
    • ​The energy boom story we're being sold is wrong
  • ​How to Cut Your Energy Consumption by 25% for a Few $ Hundred
    • ​A simple trip to the hardware store
  • ​Living with Less
    • ​Easier than you think. More satisfying, too
Image | The Trends to Watch in 2013
The Trends to Watch in 2013
by charleshughsmith

 

Rather than attempt to predict the unpredictable – that is, specific events and price levels – let’s look instead for key dynamics that will play out over the next two to three years. Though the specific timelines of crises are inherently unpredictable, it is still useful to understand the eventual consequences of influential trends.

In other words: policies that appear to have been successful for the past four years may continue to appear successful for a year or two longer. But that very success comes at a steep, and as yet unpaid, price in suppressed systemic risk, cost, and consequence.
The Trends to Watch in 2013
 by charleshughsmith

 

Rather than attempt to predict the unpredictable – that is, specific events and price levels – let’s look instead for key dynamics that will play out over the next two to three years. Though the specific timelines of crises are inherently unpredictable, it is still useful to understand the eventual consequences of influential trends.

In other words: policies that appear to have been successful for the past four years may continue to appear successful for a year or two longer. But that very success comes at a steep, and as yet unpaid, price in suppressed systemic risk, cost, and consequence.
Image | The Price of Everything and the Value of Nothing
The Price of Everything and the Value of Nothing
 PREVIEW
by Chris Martenson

The title of this piece is The Price of Everything and the Value of Nothing.  The subtitle is Why Your Bread Is Going to Cost More.  I connect these two in reflecting on my recent podcast with David Collum, in which he stated that our money has no value and that this fact is distorting everything.

What he meant was, if you take your money to the bank to deposit it, the bank offers no interest on that money, implying that money has no value to them.  If they valued it or had a legitimate use for it, they would offer you something for its use.  Obviously, money doesn't have zero value to the banks; they can place it on deposit with the Fed for 0.25% yearly interest.  But by any historical measure, money has no value right now.

That's just what happens when any commodity – which money happens to be – becomes too abundant.  It drops in price.  What 0% rates on money tell us is that there's just an enormous amount of it sloshing around – and that, my dear friends, distorts everything else.

As I have said many times, when you misprice money itself, everything else becomes mispriced, too. 

The Price of Everything and the Value of Nothing
 PREVIEW by Chris Martenson

The title of this piece is The Price of Everything and the Value of Nothing.  The subtitle is Why Your Bread Is Going to Cost More.  I connect these two in reflecting on my recent podcast with David Collum, in which he stated that our money has no value and that this fact is distorting everything.

What he meant was, if you take your money to the bank to deposit it, the bank offers no interest on that money, implying that money has no value to them.  If they valued it or had a legitimate use for it, they would offer you something for its use.  Obviously, money doesn't have zero value to the banks; they can place it on deposit with the Fed for 0.25% yearly interest.  But by any historical measure, money has no value right now.

That's just what happens when any commodity – which money happens to be – becomes too abundant.  It drops in price.  What 0% rates on money tell us is that there's just an enormous amount of it sloshing around – and that, my dear friends, distorts everything else.

As I have said many times, when you misprice money itself, everything else becomes mispriced, too. 

Image | Off the Cuff: Irrational Exuberance
Off the Cuff: Irrational Exuberance
 PREVIEW
by Adam Taggart

In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris discuss:

  • Market Euphoria
    • ​Stocks explode higher for irrational reasons
  • The Fiscal Cliff Fake-out
    • ​No spending cuts, no curbs on the rich
  • ​Japan: The Ticking Time Bomb
    • ​The leading candidate for currency collapse

Well, it's now 2013, and the stock market is partying like it's 1999.
Off the Cuff: Irrational Exuberance
 PREVIEW by Adam Taggart

In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris discuss:

  • Market Euphoria
    • ​Stocks explode higher for irrational reasons
  • The Fiscal Cliff Fake-out
    • ​No spending cuts, no curbs on the rich
  • ​Japan: The Ticking Time Bomb
    • ​The leading candidate for currency collapse

Well, it's now 2013, and the stock market is partying like it's 1999.
Image | The Fiscal Cliff Fiasco
The Fiscal Cliff Fiasco
 PREVIEW
by Chris Martenson

Well, as expected, some sort of a last minute, sausage-like deal was struck at the eleventh hour.  Well, actually, the twelfth hour, given that only the tax side of the equation was "solved," leaving $109 billion in immediate spending cuts still on the table.

Actually, it's even murkier than that.  The deal that was struck was a Senate deal and the House could do more, less, or even just scuttle the whole thing.  So let's call it a first step on the path to a deal.
The Fiscal Cliff Fiasco
 PREVIEW by Chris Martenson

Well, as expected, some sort of a last minute, sausage-like deal was struck at the eleventh hour.  Well, actually, the twelfth hour, given that only the tax side of the equation was "solved," leaving $109 billion in immediate spending cuts still on the table.

Actually, it's even murkier than that.  The deal that was struck was a Senate deal and the House could do more, less, or even just scuttle the whole thing.  So let's call it a first step on the path to a deal.
Image | David Collum: We’re Headed for a Showdown
David Collum: We’re Headed for a Showdown
by David Collum

In the Big Rock Candy Mountains,
The jails are made of tin.
And you can walk right out again,
As soon as you are in.

Fresh from releasing his exhaustive and excellent Year In Review last week, Dave Collum sits down with Chris to discuss the key developments of 2012 in detail.

David Collum: We’re Headed for a Showdown
 by David Collum

In the Big Rock Candy Mountains,
The jails are made of tin.
And you can walk right out again,
As soon as you are in.

Fresh from releasing his exhaustive and excellent Year In Review last week, Dave Collum sits down with Chris to discuss the key developments of 2012 in detail.

Image | Off the Cuff: Looking Back (and Ahead)
Off the Cuff: Looking Back (and Ahead)
 PREVIEW
by Adam Taggart

In this week's Off the Cuff podcast, I stand in for Mish and ask Chris about:

  • The Fiscal Cliff Fake-Out
    • The "cliff" is actually one of our smaller problems
  • 2012's Legacy
    • Which 2012 development will have the biggest impact to our future?
  • The Peak Prosperity Message
    • And why larger audiences are beginning to awaken to it
  • What's in store for 2013 on PeakProsperity.com
    • New videos, contributors, functionality and events
Off the Cuff: Looking Back (and Ahead)
 PREVIEW by Adam Taggart

In this week's Off the Cuff podcast, I stand in for Mish and ask Chris about:

  • The Fiscal Cliff Fake-Out
    • The "cliff" is actually one of our smaller problems
  • 2012's Legacy
    • Which 2012 development will have the biggest impact to our future?
  • The Peak Prosperity Message
    • And why larger audiences are beginning to awaken to it
  • What's in store for 2013 on PeakProsperity.com
    • New videos, contributors, functionality and events
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