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Image | When Everybody Knows Something, Nobody Knows Anything
When Everybody Knows Something, Nobody Knows Anything
 PREVIEW
by Chris Martenson

Once upon a time, everybody knew that the earth was flat.  Then they all knew that it was round, but at the center of the universe.  In 1929, everybody was sure that a new permanent prosperity had been discovered. The next decade proved how wrong that assumption was.

As is repeatedly borne out in life, when everybody knows something, nobody knows anything. 
When Everybody Knows Something, Nobody Knows Anything
 PREVIEW by Chris Martenson

Once upon a time, everybody knew that the earth was flat.  Then they all knew that it was round, but at the center of the universe.  In 1929, everybody was sure that a new permanent prosperity had been discovered. The next decade proved how wrong that assumption was.

As is repeatedly borne out in life, when everybody knows something, nobody knows anything. 
Image | Why the Bullwhip Effect All But Guarantees Another Poorly-Handled Liquidity Crisis
Why the Bullwhip Effect All But Guarantees Another Poorly-Handled Liquidity Crisis
by Adam Taggart

One of my more memorable moments in business school came during an Operations class. The topic for the day was the Bullwhip Effect, a very real and vexing phenomenon that occurs in forecast-driven distribution systems.

Essentially, when there are multiple parties in a distribution system, the imperfections in each player's forecasts (no forecast is consistently perfect) compound to wreak increasing havoc over time, even if demand stays relatively stable.

Grasping how this works is somewhat non-intuitive…

Why the Bullwhip Effect All But Guarantees Another Poorly-Handled Liquidity Crisis
 by Adam Taggart

One of my more memorable moments in business school came during an Operations class. The topic for the day was the Bullwhip Effect, a very real and vexing phenomenon that occurs in forecast-driven distribution systems.

Essentially, when there are multiple parties in a distribution system, the imperfections in each player's forecasts (no forecast is consistently perfect) compound to wreak increasing havoc over time, even if demand stays relatively stable.

Grasping how this works is somewhat non-intuitive…

Image | Nick Barisheff: The Case for (Much) Higher Gold Prices
Nick Barisheff: The Case for (Much) Higher Gold Prices
by Chris Martenson

Nick Barisheff, CEO of Bullion Management Group recently published the provocatively-titled book: $10,000 Gold: Why Gold's Inevitable Rise Is the Investor's Safe Haven. In this week's podcast, Chris sits down with Nick to discuss the math behind this forecast.

Nick Barisheff: The Case for (Much) Higher Gold Prices
 by Chris Martenson

Nick Barisheff, CEO of Bullion Management Group recently published the provocatively-titled book: $10,000 Gold: Why Gold's Inevitable Rise Is the Investor's Safe Haven. In this week's podcast, Chris sits down with Nick to discuss the math behind this forecast.

Image | Iceland – The Model the Bankers Would Like to Forget
Iceland – The Model the Bankers Would Like to Forget
 PREVIEW
by Chris Martenson

As the 2008 banking crisis unfolded, a lot of secret decisions were made that essentially boiled down to this: The bankers did not want to absorb the losses that resulted from their decisions.  The name of the game was who is going to eat the losses? And the early target, as always, was taxpayers.
Iceland – The Model the Bankers Would Like to Forget
 PREVIEW by Chris Martenson

As the 2008 banking crisis unfolded, a lot of secret decisions were made that essentially boiled down to this: The bankers did not want to absorb the losses that resulted from their decisions.  The name of the game was who is going to eat the losses? And the early target, as always, was taxpayers.
Image | Off the Cuff: What Comes Next
Off the Cuff: What Comes Next
 PREVIEW
by Chris Martenson

In this week's Off the Cuff podcast, Adam and Charles discuss:

  • Market Turning Point?
    • Weakness seen post-"taper" rumors
  • Impact of Higher Interest Rates
    • Kryptonite for most asset classes
  • Gold & Silver's Terrible, No-Good, Very Bad Year
    • Will it get any better?

 
Off the Cuff: What Comes Next
 PREVIEW by Chris Martenson

In this week's Off the Cuff podcast, Adam and Charles discuss:

  • Market Turning Point?
    • Weakness seen post-"taper" rumors
  • Impact of Higher Interest Rates
    • Kryptonite for most asset classes
  • Gold & Silver's Terrible, No-Good, Very Bad Year
    • Will it get any better?

 
Image | Where Will the Minsky Moment Occur?
Where Will the Minsky Moment Occur?
 PREVIEW
by Alasdair Macleod

Executive Summary Spain: after tens of €billions in bailouts, its banks still need more Germany: its largest banks are ridiculously levered France: its banks are deteriorating fast with the sinking French economy UK: bail-ins are now on the table If you have not yet read Part I: Europe's Precarious Banks Will Determine the Future available free to…
Where Will the Minsky Moment Occur?
 PREVIEW by Alasdair Macleod

Executive Summary Spain: after tens of €billions in bailouts, its banks still need more Germany: its largest banks are ridiculously levered France: its banks are deteriorating fast with the sinking French economy UK: bail-ins are now on the table If you have not yet read Part I: Europe's Precarious Banks Will Determine the Future available free to…
Image | Europe’s Precarious Banks Will Determine the Future
Europe’s Precarious Banks Will Determine the Future
by Alasdair Macleod

Crying Wolf?

It is easy to get the impression that the naysayers are wrong about Europe. After all of the predictions of Armageddon, ten-year government bond yields for Spain and Italy fell to the 4% level, France (which is retreating into old-fashioned socialism) was able to borrow at about 2%, and one of the best-performing bond investments has been until recently – wait for it – Greek government bonds! Admittedly, bond yields have risen from those lows, but so have they everywhere. It is clear, when one stands back from all the usual euro-rhetoric, that, as a threat to the global financial system, it is a case of "panic over."
Europe’s Precarious Banks Will Determine the Future
 by Alasdair Macleod

Crying Wolf?

It is easy to get the impression that the naysayers are wrong about Europe. After all of the predictions of Armageddon, ten-year government bond yields for Spain and Italy fell to the 4% level, France (which is retreating into old-fashioned socialism) was able to borrow at about 2%, and one of the best-performing bond investments has been until recently – wait for it – Greek government bonds! Admittedly, bond yields have risen from those lows, but so have they everywhere. It is clear, when one stands back from all the usual euro-rhetoric, that, as a threat to the global financial system, it is a case of "panic over."
Image | Neil Howe: The Fourth Turning Has Arrived
Neil Howe: The Fourth Turning Has Arrived
by Chris Martenson

In 1996, demographers William Strauss and Neil Howe published the book The Fourth Turning. This study of generational cycles ("turnings") in America revealed predictable social trends that recur throughout history, and warned of a coming crisis (a "fourth turning") based on this research.

Fourth turnings are defined by disorder and great changes brought on by a breakdown of the systems and operating principles that dominated the prior three turnings.

Neil Howe: The Fourth Turning Has Arrived
 by Chris Martenson

In 1996, demographers William Strauss and Neil Howe published the book The Fourth Turning. This study of generational cycles ("turnings") in America revealed predictable social trends that recur throughout history, and warned of a coming crisis (a "fourth turning") based on this research.

Fourth turnings are defined by disorder and great changes brought on by a breakdown of the systems and operating principles that dominated the prior three turnings.

Image | Everything Is Being Sold
Everything Is Being Sold
by Chris Martenson

Global financial markets are now in a very perilous state, and there is a much higher than normal chance of a crash. Bernanke's recent statement revealed just how large a role speculation had played in the prices of nearly everything, and now there is a mad dash for cash taking place all over the world.
Everything Is Being Sold
 by Chris Martenson

Global financial markets are now in a very perilous state, and there is a much higher than normal chance of a crash. Bernanke's recent statement revealed just how large a role speculation had played in the prices of nearly everything, and now there is a mad dash for cash taking place all over the world.
Image | Off the Cuff: Broken Markets
Off the Cuff: Broken Markets
 PREVIEW
by Chris Martenson

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

  • Wedding Bells For Mish
    • Mike tied the knot last week
  • FOMC Freak-Out
    • Markets react nonsensically to the predictable
  • Where to From Here?
    • Down – and fast – seems most likely
  • The Case For Precious Metals
    • Current low prices just don't make sense
Off the Cuff: Broken Markets
 PREVIEW by Chris Martenson

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

  • Wedding Bells For Mish
    • Mike tied the knot last week
  • FOMC Freak-Out
    • Markets react nonsensically to the predictable
  • Where to From Here?
    • Down – and fast – seems most likely
  • The Case For Precious Metals
    • Current low prices just don't make sense
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 Fauci's Private Diary Exposes Stark Contradictions on Lab Leak, Lethality, Lockdowns & Vaccines
Once again I am so grateful and appreciative to Chris (@cmartenson) for sorting through this horrendous Covid deception early on.
This allowed me to avoid the shot myself, self treat with ivermectin, zinc, vitamin-D and quercetin, stop wearing a mask when faced with a COVID positive patient, as well as making post on my facebook ER doctors groups that...
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