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Running Out Of Soybeans?

December 17, 2020

Listen On Your Favorite Player:
Several factors are conspiring to weaken the reliability of our food production systems, warns Christian Westbrook, publisher of the website IceAgeFarmer.com
We’re seeing a shortening of the growing season for important crops due to weather trends and changes in the solar cycle.
Our food production system, which is highly dependent on chemical inputs and fossil fuels, is becoming increasingly brittle.
And we have more vulnerability due to the global nature of modern food supply chains. Crop shortages/failures in one part of the world impact all markets now.
For example, soybean supply is tightening as bad weather in South America and increased buying by China are hitting at a time when global stocks are already low.
As the world population grows, climate

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Introducing ‘Ask The Experts’

December 12, 2020

During our recent annual seminar, we heard strong feedback that folks wanted more time to pick the brains of the guest experts we interview here at Peak Prosperity.
Well, you asked; and we listened.
Which is why we’ve just added a new service to Peak Prosperity’s premium subscription that we’re calling ‘Ask The Experts’.
Each month, we’ll provide you with access to a domain expert for a full hour of Q&A. No presentations. They’re simply there to answer whatever questions you & the rest of the audience care about most.
Our first ‘Ask The Experts’ session just took place tonight.
It focused on Real Estate Investing, and featured Russ Gray and Robert Helms, who have decades of experience teaching new and seasoned investors how to own real estate for safety and profit.
It was an extremely

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Ron Paul: THIS Worries Me Much More Than Covid

December 10, 2020

Listen On Your Favorite Player:
If you’re concerned about the overreach of government in juicing asset prices to dangerous levels, picking economic winner and losers, and constraining our personal freedoms — you have very good right to be.
So says lifelong champion of free markets, sound money and civil liberty, former US Congressman Dr Ron Paul:
[embedded content]
Having spent decades in Washington serving as a member of the House of Representatives, Dr Paul is intimately familiar with both the institutions and the individuals currently running our country. And he has “zero” confidence that they will competently handle the major challenges facing America today.
2020 has given politicians a golden moment to capitalize off of the old DC strategy to “never let a crisis go to waste”. And they

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Daily Digest 12/8 – Coral Recovery During a Prolonged Heatwave Offers New Hope, U.S. suffers deadliest week from coronavirus

December 9, 2020

Economy

He Thought Day Trading Would Be A Thrill. He Ended Up Losing $127,000
YouTube is filled with videos promising to teach you how to make big bucks trading stocks on your home computer. Matthew’s videos tell you how to lose money.
A real estate agent and amateur investor, Matthew, who prefers his last name not be used because of how it might affect his career, made thousands of dollars trading stocks over the years, only to lose most of it day trading.
Now, in his YouTube videos, he cautions others about the perils of day trading at a time when stay-at-home measures have led millions to buy — and sell — stocks for the first time.

San Francisco’s 35% Plunge in Rents Shows Effects of Tech Fleeing City
Tech stocks are soaring and high-profile initial public offerings are set to mint

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Gold & The Great Reset

November 30, 2020

The composition of the US dollar, including what it is backed by, has been replaced many times throughout America’s history. And another replacement is currently underway, warns monetary expert Mike Maloney.
After President Nixon fully severed its ties to gold, our government leaders have increasingly relied on expanding the currency supply to paper over (quite literally) today’s problems at the expense of the dollar’s purchasing power tomorrow.
As Mike explains in his excellent video series Hidden Secrets Of Money, such willful debasement of the currency by furtive and shortsighted politicians is nothing new. Over thousands of years, since the Romans intentionally progressively shrank the silver content of their coins, history is replete with such examples.
And now 2020 has arrived. The

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Daily Digest 11/16 – NASA Wants To Build A Nuclear Plant On The Moon, Prepare for Winter

November 16, 2020

Economy

Moderna’s coronavirus vaccine found to be nearly 95 percent effective in a preliminary analysis (jw)
Biotechnology firm Moderna announced Monday that a preliminary analysis shows its experimental coronavirus vaccine is nearly 95 percent effective at preventing illness, including severe cases — a striking initial result that leaves the United States with the prospect that two coronavirus vaccines could be available on a limited basis by the end of the year.

Prepare for Winter (Xango)
Realism must precede optimism or the optimism will collapse as the tsunami of reality comes ashore.
It’s time to prepare materially and psychologically for a winter unlike any other in our lifetimes.

Dow Average Reaches Record on Vaccine; Oil Jumps: Markets Wrap
U.S. stocks gained after positive

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Avoiding 5 Of The Most Powerful Psychological Manipulations

November 14, 2020

Understanding and defending against manipulations exploiting:
The Contrast Principle
Reciprocation
Authority
Consistency & Commitment
Social Proof

If you have not yet read Part 1: Weapons Of Mass Deception, available free to all readers, please click here to read it first.
In the natural world, organisms called mimics will exploit the trigger features of other animals in attempt to activate their click, whirr response.
For example, certain moth species have evolved color patterns in the shape of giant “eyes” on their wings to fool other animals into viewing the moth as a much larger and dangerous predator instead of bite-sized tasty prey.
Similarly, Cialdini says:
There are some people who know very well where the weapons of mass influence life and who employ them regularly and expertly

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Grant Williams: The Rules Of Investing Have Just Changed

November 13, 2020

For decades now, interest rates have plummeted, bringing the cost of borrowing to all-time lows.
Over the same period, the digital revolution has brought down operating costs faster than at any time in human history.
This secular deflation in the financing and operation of businesses has been one of the largest defining economic trends of the past half century.
But it has come to an end, predicts Grant Williams, publisher of the Things That Make You Go Hmmm… newsletter and co-founder of Real Vision.
The events of 2020 have dramatically accelerated a reversal from the past decades of deflation into a new future of secular inflation. And that means the rules of investing have just changed, as the playbooks for those two environments are extremely different.
Not only will many of today’s

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It doesn’t have to be this way

November 13, 2020

This is insane. Even when something dead-nuts safe like Vitamin D finally emerges, irrefutably, to be of massive benefit, what does the UK NHS do? They decide to ship only 400 IU per patient/day.
That’s roughly 1/10th what’s needed to boost serum levels to the safe and effective range of 50 ng/ml.
A ‘futurecast’ from Hannibal Spotsbury explains what comes next.
Also the Drug Which Shall Not Be Named (DWSNBN) is back in the news.  This time from India where it conferred a 90% reduction in Covid cases among high risk health care workers. Add it all up and there’s a TON that we could be doing to effectively limit the spread and severity of Covid…but aren’t.
It doesn’t have to be this way.

Links: Covid and Sun’s incidence https://twitter.com/SebastianHantel/status/1325484241442975750
Vitamin

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Daily Digest 11/11 – The True Cost Of The Global Energy Transition, Trump’s biggest corporate winners and losers

November 11, 2020

Economy

Richest New Yorkers Will Devastate City If They Leave With $133 Billion
Before Covid-19 hit, New York City was home to many of the richest people in the world, an elite group of 30,000 families earning at least $1 million a year.
Gotham’s future will be decided by how many of these super-wealthy people remain after the pandemic is over.

Trump’s biggest corporate winners and losers (adam)
Big tech has been the biggest corporate winner of the Trump presidency, according to an Axios analysis of public-company corporate financials.
Why it matters: The tech giants have spent the past four years facing increased scrutiny from Washington, and Google has even been hit by an antitrust lawsuit. But Google parent Alphabet has seen its profits soar by $12 billion per year since Trump’s

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Wearable Wealth: A New Way To Hold Gold

November 10, 2020

How should I own gold? is a question frequently asked of us.
And the answer depends on what your goals are, what your risk tolerance is, and how much you already own. Which is why we put together this free comprehensive Primer On How To Buy And Store Gold & Silver.
But every once in a while, we encounter a novel way to hold gold that we think is worthy of consideration.
In past years, we featured the aurum, a way to carry fractional grams of gold in your wallet in the exact same manner as the dollar bills already in there.
And this year, our good friends at GoldSilver.com have approached us about their expanding line of “wearable” gold.
It’s investment-grade gold jewelry that looks like any other necklace or bracelet to a border officer or fellow traveler—but to you, it’s a portable store

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Wearable Wealth: Higher Discount For PP Insiders

November 10, 2020

To receive a higher discount of 7% off on any purchases of GoldSilver.com’s ‘Gold Without Borders’ bullion jewelry, use this coupon code…

Or Sign In with your enrolled account.

The post Wearable Wealth: Higher Discount For PP Insiders appeared first on Peak Prosperity.

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Daily Digest 11/9 – US Government Is Now Top Bitcoin Whale, Dow, S&P hit records on Pfizer’s COVID-19 vaccine progress

November 9, 2020

Economy

US Government Is Now Top Bitcoin Whale. What Could Happen Next? (Newsbuoy)
Following the news that the US Department of Justice (DoJ) has forfeited USD 1 billion worth of bitcoin (BTC), market players are now discussing possible scenarios what could happen next.
Per the DoJ, the bitcoin was seized by law enforcement on November 3, following an investigation that included tracking down crypto transactions. “The seizure represents the largest seizure of cryptocurrency in the history of the Department of Justice,” they said.

Pfizer Soars as Vaccine Prevents 90% of Covid Cases in Study
A vaccine developed by Pfizer Inc. and BioNTech SE protects most people from Covid-19, according to a study whose early findings sent stock prices surging and were hailed by the top U.S.

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Daily Digest 10/16 – Good News Friday: Canada is Banning Single-Use Plastic Bags

October 17, 2020

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header “Good News Friday.” We will save and post weekly. Enjoy!
Economy

Community garden provides refugees with support and comfort through pandemic
A community garden in Seattle, Washington is providing a place for immigrants and refugees to come together and find community while growing food from their home countries.
Once a neglected parking lot, the garden, known as Paradise Parking Plots, is now a place for people to gather and tend to their plants.

Thousands Arrive in Hawaii on First Day Pre-Travel Testing
HONOLULU (AP) — About 8,000 people landed in Hawaii on the first day of a pre-travel

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The Illusion Is Failing

October 17, 2020

Sometimes the magic fails.
The secret to the trick is accidentally revealed. The woman was always in the box.  The eye is no longer deceived. And there’s no getting the audience’s sense of awe back.
Just like a bungled illusion, once trust is broken, it’s gone.
For many during 2020, the loss of their jobs and businesses — in many cases due to incompetent government management of the pandemic — has been both a blessing and a curse.
Of course nobody likes being laid off or losing a business they’d carefully built up over the years.
But for a significant number of those people, however, they’ve now been given time (against their will, admittedly) to reflect and realize how much they hated their work in the first place.  For them, the illusion has been broken.
They won’t go back to pretending

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Building A Better Plan

October 17, 2020

Whether incompetent or malicious, our leaders are failing us
The “Great Reset”: the plan the Davos crowd has for us
The need for a plan of our own
What the wisdom of past regenerative cultures has to teach us
If you have not yet read Part 1: The Illusion Is Failing, available free to all readers, please click here to read it first.
Increasingly it’s difficult to see what the plans of the various world authorities might be.  It’s either one based on staggering incompetence (always possible), or it’s a far darker plan — but neither will have our best interests at heart.
And from my view, it’s increasingly difficult to assign the whole mess to simple incompetence.
There’s a plan afoot to create fear, uncertainty and doubt .
Why does this plan exist?  Can we explain it?  Certainly not on

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The Coming Financial Crisis of 2021

October 16, 2020

Economist Steve Keen predicts that even if the covid-19 health crisis subsides next year, a brewing financial crisis on par with the 2008 Great Recession is in the making.
He sees the pandemic as having delivered an “unprecedented shock” to the global economy, and the response from authorities as nothing less than a “catastrophe”.
With tens of millions of households having lost their income this year, personal savings becoming exhausted, government support programs on their way to drying up, and lots more company layoffs/bankruptcies/closures ahead — Steve expects a punishing recession to arrive in full force in 2021.
And on a larger scale, he sees modern neoclassical economics — which ignores the importance of natural resources and the health of our ecosystems — as completely unsuited

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Censorship is out of control!

October 16, 2020

The social atmosphere in the US is increasing bitter and divided.  Tempers are fraying, and many are wondering what to do.
Social media – which I am increasingly going to be calling anti-social media for a host of reasons – is a major cause of those divisions.
Rightfully, social media has concluded that its own platforms are contributing.  Wrongfully, they’ve decided the issue rests with bad or wrong ideas that they are now in the process of scrubbing from their platforms.
One thing has led to another and now they are forcefully deciding what’s good medicine which, predictably, is always in alignment with pharmaceutical companies and their profit motives.
They are deciding which investigative articles can be shown and which are ‘wrong.’  This week Twitter even went so far as to prevent a

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The Price Of A Good Idea

October 10, 2020

Before I make my point, this is a reminder to register now for Peak Prosperity’s upcoming Oct 24-25 digital seminar if you haven’t already.
There are only a few days left to save up to 32% before the ‘Last Chance To Save’ price discount expires next week.

Now.. to my point: What is the price of a good idea?
I first heard this question posed back in business school when being encouraged to read voraciously and to seek the counsel of experienced mentors.
Think back on some of the most useful lessons learned over the course of your life. Maybe it was an insight into how to invest smarter. Or how to leverage a key ability of yours better at work. Or a technique for improving your relationships with the important people in your life. Or how to be more effective at managing your valuable

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Daily Digest 10/8 – How Uber and Lyft Are Buying Labor Laws, The “3rd Worlding” of America

October 8, 2020

Economy

Pence, Harris spar over COVID-19 in vice presidential debate (tmn)
Republicans desperately want to cast the race as a choice between two candidates fighting to move the country in vastly different directions. Biden and Harris, they say, would pursue a far-left agenda bordering on socialism; the Democrats say Trump’s administration will stoke racial and other divides, torpedo health care for people who aren’t wealthy and otherwise undercut national strength.

How Uber and Lyft Are Buying Labor Laws (tmn)
In place of state labor laws, Prop 22 “guarantees” certain benefits, including completely undefined “assistance” with health care premiums and disability coverage for those injured on the job. To understand how inessential these benefits are, look only to the “minimum earnings”

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Daily Digest 10/7 – Trump Stimulus Strategy Unclear, D.C. Reports Highest Coronavirus Caseload In Months

October 7, 2020

Economy

Stocks fall after Trump tweets he’ll delay stimulus talks; move follows Fed’s Powell urging Congress to approve a robust plan (Heather R.)
In a mid-afternoon tweet, Trump said the White House has made a “very generous offer” of a $1.6 trillion relief package while Speaker Nancy Pelosi is seeking $2.4 trillion. Trump charged that Pelosi “is not negotiating in good faith.”

“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business,” Trump tweeted.

Trump’s erratic tweets on economic relief — over several hours — leave strategy unclear (tmn)
At 9:54 p.m., he called on the House and Senate to “IMMEDIATELY” approve $25 billion in new aid

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Daily Digest 10/6 – Nine Days In Wuhan, CA Fire Season Shatters Record With 4 Million Acres Burned

October 6, 2020

Economy

Goldman’s chief economist breaks down why a Biden-led blue wave would prompt an upgrade in growth forecasts (Adam)
Assuming the Fed leaves rates unchanged until the economy reaches full employment and inflation is just above 2%, “we estimate the net effect of the [Biden] package would be a frontloaded increase” to economic output, “as well as a more backloaded boost to core PCE inflation,” Goldman explained.
Still, a blue wave would indeed have “mixed implications” for US stocks, as Biden is advocating for a 7-percentage-point increase in the corporate income tax rate, to 28% from 21%, Goldman said.

Some gold with your gas and groceries? Costco enters the gold bullion market (Adam)
“The [Costco] mark-ups are going to reflect the fact that they are going through another dealer

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Off The Cuff: Re-Localization Is The Future

October 6, 2020

In this week’s Off The Cuff podcast, Chris and James Howard Kunstler discuss:
The sorry state of the US political system
From Covid to Epstein: can our “leaders” bungle even worse?
Why Re-localization is the answer, whether we want it or not
Why we’re never returning to “normal” as we knew it
Jim Kunstler returns to the program to report the latest view through is “Long Emergency” lens.
It’s a little scary: many of the trends he’s long been predicting have been suddenly accelerated by the events of 2020. Particularly his warnings that our urban & suburban lifestyle of mega-marts, McMansions and food deserts were going to start failing us, resulting in flight to rural areas.
As Jim explains here, re-localization of our economy and social networks is going to be the way of the future —

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Daily Digest 10/5 – ‘No Place to Hide Anymore’ When the Stock Market Plunges, Adaptation Radicale and Collapsology

October 5, 2020

Economy

There’s No Place to Hide Anymore When the Stock Market Plunges (Adam)
Within the S&P 500, cheap or “value” stocks outperformed, although they still lost money. But while Big Tech-dominated growth stocks lost out among large companies, among small companies growth beat value. Sector performance followed no discernible pattern either. And stocks that normally rise and fall faster or slower than the market, known in market jargon as high or low beta, didn’t behave predictably.

Now the froth has been blown off the big disruptive growth stocks, we can hope that the normal market relationships will reassert themselves. But the biggest hedge against losses, Treasurys, probably won’t be back as a useful tool for years, if ever.

The Daily 202: A dozen questions to gauge the political

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Daily Digest 10/3 – Futures And Global Markets Rattled After Trump Positive Test, Covid-19’s Stunningly Unequal Death Toll

October 3, 2020

Economy

Trump Tests Positive for Covid-19, and the World Shudders (tmn)
Expressions of concern and good wishes for Mr. Trump’s speedy recovery — as well as that of the first lady, Melania Trump, who was also infected — poured in from leaders in Russia, India, Britain and other countries.
“My best wishes to President Trump and the First Lady,” Mr. Johnson said on Twitter, making no mention of his own bout with Covid-19. “Hope they both have a speedy recovery from coronavirus.”

US futures and global markets rattled after Trump tests positive for coronavirus (Heather R.)
Before Trump announced his diagnosis, CNN medical analyst Dr. Jonathan Reiner said that Hicks’ positive test should be enough to push Trump and his West Wing staffers into quarantine.
“They should all be out of

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The Approaching Frenzy Of Tipping Points

October 3, 2020

The approaching frenzy of tipping points
Why collapse is already in progress
Choosing emergence-y over emergency
My personal plan
If you have not yet read Part 1: Welcome To Easter Island, available free to all readers, please click here to read it first.
A tipping point is a critical moment in time when the old gives way to the new — suddenly and irreversibly.
This is where we are – when the old is breaking down, in an uncomfortable interregnum, to be followed by something completely new that is simply waiting to be brought to light.
Seen this way, this is an exciting time to be alive. At least that’s the way I see it.
So what’s coming next? And what steps should we be taking today to meet it?
In my opinion, the most important action to take now is…

_______________
Why is this full

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Welcome To Easter Island

October 3, 2020

Remember Easter Island? That place in the pages of National Geographic with the gigantic carved heads peeking up from grassy slopes?
Whether you recall it or not, you live there — in a manner of speaking.
Easter Island was colonized by the Rapanui, a particularly adept seafaring culture.  When they arrived, around the year 800 A.D., the island was a lush forested tropical paradise.
But eventually, according to researcher Jared Diamond in his bestseller Collapse: How Societies Choose to Fail or Succeed, they committed ecocide.
They cut down every single tree on their island. Eventually the people had no wood to burn in their cookfires. They had to resort to burning grass, a particularly inferior fuel source.
But before arriving at that sad state, the Rapanui cut numerous huge stone

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James Grant: Why Market Risk Is Near The Highest In History

October 2, 2020

Famed market analyst and historian James Grant is no fan of the current policies of the US Federal Reserve:

Distortion in the cost of credit is the not-so-remote cause of the raging fires at which the Federal Reserve continues to train its gushing liquidity hoses. But the firemen are also the arsonists. It was the Fed’s suppression of borrowing costs, and its predictable willingness to cut short Wall Street’s occasional selling squalls, that compromised the U.S. economy’s financial integrity.

At age 74, having lived through a number of economic booms and busts as well as having authored numerous books on the history of financial markets, Jim sees the degree of speculation, overvaluation and malinvestment in today’s markets as about as bad as it’s ever been.
He lays much of the blame at

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Daily Digest 10/2 – Good News Friday: Overlooked Variable Is Key to Pandemic, A Smarter Fall Cleanup

October 2, 2020

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header “Good News Friday.” We will save and post weekly. Enjoy!
Economy

Laughter May Be Effective Medicine for These Trying Times (jdargis)
Laughter releases nitric oxide, a chemical that relaxes blood vessels, reduces blood pressure and decreases clotting, Dr. Miller said. An epidemiological study of older men and women in Japan confirmed that those who tend to laugh more have a lower risk of major cardiovascular illness. Possessing a healthy sense of humor is also associated with living longer, an epidemiological study from Norway reported, although the correlation appears to be stronger for women

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Daily Digest 10/1 – The Countries With the Most Military Spending, What’s Ahead After End Of Early Stimulus

October 1, 2020

Economy

Our Finite World: Reaching the End of Early Stimulus – What’s Ahead? (CleanEnergyFan)
Another part of the world economy doing poorly is clothing sales. For example, many fewer people are attending concerts, weddings, funerals, out-of-town business meetings and conventions, leading to a need for fewer “dressy” clothes. Also, with air travel greatly reduced, people don’t need new clothing for visiting places with different climates, either. Most clothing is bought by people from rich countries but made by people in poor countries. This cutback in clothing purchases disproportionately affects people who are already very poor. The loss of jobs in these countries may lead to an inability to afford food, for those who are laid off.

Disney is laying off 28,000 employees as pandemic

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