Current Events Archives - Page 3 of 9

As posted to Peak Prosperity.com on 5/17/2020 Trailer (Run Time: 1 min, 47 sec) Creator-provided description: "Back in mid-January, Grant Williams, Mike Maloney, Charles Hugh Smith, Chris Martenson and Adam Taggart sat down for an in-depth discussion on the dangerous distortions to financial markets and the global economy that central bank intervention is causing. That video, titled WTF: What The Fed?! was released soon after the US Federal Reserve had added $200 billion dollars to its balance sheet in Q4 2019. At the time, we worried that so much liquidity being added to the system so quickly could recklessly exacerbate the extreme overvaluations in the markets, and further increase the instability of our over-indebted economy. Little could we have guessed that a global pandemic would soon ensue, one that...

13 Apr 2020

The Arriving Great Depression 2.0

As posted to the Peak Prosperity YouTube Channel on 4/3/2020 (Run Time: 25 min, 0 sec) When Starting Clip at Time Code 19:39 Author's Description of "The Arriving Great Depression 2.0" Segment of Clip "In the past two weeks (as of 4/3/20), 10 million Americans have already filed for unemployment. Moody's is now warning that 30% of all mortages could go into default this year. And the peak of the Coronavirus outbreak in the US still isn't projected to arrive for several more weeks. How bad will the economic fallout from covid-19 be? Truly epic. As in possibly "Great Depression 2.0" magnitude. Yes, the clown show in charge of dealing with this mess will likely just make things worse. But the reasons for the dismal economic outlook go far...

10 Apr 2020

The Importance of Wearing a Mask

As posted to the Peak Prosperity YouTube Channel on 4/2/2020 (Run Time: 7 min, 4 sec) Author's Description of Clip "The most effective step each of us can take right now to beat COVID-19 is to start wearing a mask. It's cheap. It's easy. And if we call do it, it will give us a HUGE advantage in the fight against this pandemic. You don't need a fancy mask. A simple DIY version will suffice. Wearing one does the following: greatly reduces the particles a sick person can spread, prevents you from touching your mouth and nose, by far the most common way we can get infected, and substantially increases your odds of having a mild case, should you get infected If we all wear masks: I protect...

22 Mar 2020

The Financial System Just Broke

(Part 1) Posted to the Peak Prosperity YouTube Channel on March 22, 2020 (Part 2) Posted to the GoldSilver.com YouTube Channel on March 22, 2020 Part 1 - Financial Armageddon (Run Time: 21 min, 04 sec) Part 2 - Is it Too Late for Gold & Silver? (Run Time: 19 min, 35 sec) Join Mike Maloney (GoldSilver.com) and Chris Martenson (Peak Prosperity) in this two-part discussion of the ‘financial armageddon’ taking place in markets, along with information on how they are investing and protecting themselves financially during this crisis. (This is Blog Post #770) Chris Martenson, is a former American biochemical scientist and Vice President of Science Applications International Corporation. Currently he is an author and trend forecaster interested in macro trends regarding the economy, energy composition and the environment at his site, www.peakprosperity.com. Michael Maloney, founder...

20 Mar 2020

Jim Rickards on Unfolding “Ice-9” Situation

Jim Rickards on Unfolding "Ice-9"Situation

As posted to Kitco News YouTube Channel on 3/18/20 "We are potentially entering an 'Ice-9' situation where the entire world may 'freeze' over economically, said Jim Rickards, best-selling author of 'The Road to Ruin' and 'Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.'” “If you shut down the New York stock exchange, and I can’t sell stocks and get cash, I’m going to sell my money market funds or redeem my money market funds. Then you’ve got to shut down the money market funds industry, and then people say ‘ok, I’ll go to the banks or the ATMs,’” he said. “And then you’ve got to shut down the banks so the point is, it spreads from exchange to money markets, to brokerage accounts, to banks, and...

15 Mar 2020

Preparing for a National Lockdown

As posted to the Peak Prosperity YouTube Channel on March 15, 2020 (Run time: 45 min 07 sec) In today's update, on the Wuhan New Coronavirus (aka "Covid-19"), Chris Martenson reports: "As the number of Covid-19 infections outside China now exceed those within, the masses across the world are starting to panic. Empty grocery store shelves. Fights over toilet paper. Schools closing and sending students home en mass. Desperate pleas from health workers to stay home when sick unless in truly dire condition. And this with just 170,000 total worldwide cases (that we know of). Now, just imagine what the fear factor will be like when that number is 1.7 million. Or 17 million. Or 170 million. Or (and this is possible) 1.7 billion. Chris predicts that more national...

11 Mar 2020

Unpacking the Economy’s Bubble Dynamics

As posted to the Peak Prosperity YouTube Channel on 3/9/2020 (Run Time: 49 min, 14 sec) Author's Description of Clip "For years, Peak Prosperity has been raising a loud warning of the 'Everything Bubble' that the world's central banks have blown in global asset prices. Over that time, we've debated with hundreds of economic experts on what will be the trigger to "pop" this mania. Well, now we're finding out. The economic damage being wrought worldwide by the Coronavirus is the black swan the system never saw coming. Trade is being strangled, and the necessary productivity needed to support that massive increase in global debt that has been taken on over the past decade is just not there. Bankruptcies are set to ripple across industries like wildfire. Mass layoffs...

05 Mar 2020

Currency Oblivion Coming

As posted to the GoldSilver.com YouTube Channel on 3/3/20 (Run Time: 28 min, 07 sec) Mike Maloney believes that the Fed now has no option but to print the US dollar into oblivion, find out why in this comprehensive analysis of Tuesday’s (3/3/20) market action. The Fed's rate cut, bonds, gold and silver are all discussed. (This is Blog Post #759) Michael Maloney, founder of www.GoldSilver.com is also the author of the world’s best selling book on precious metals investing. Since 2003 he has been advocating gold and silver as the ultimate means of protecting wealth from the games played by our governments and the banking sector....

05 Mar 2020

Supply Chain Disruptions Will Crash the Stock Market