Peak Prosperity

So, did the nauseating last few months of 2018 signal the end of the secular bull market? Or is the rebound that kicked-off 2019 a sign that the uptrend is still intact? Or it is just a dead-cat bounce? Lance Roberts, chief investment strategist and chief editor of Real Investment Advice, returns to the podcast with fresh data that suggests the bear market that emerged late last year is still in play. Of greater concern to him, though, is where things are headed from here:

Estimates of recoverable oil are proving wildly wrong. Art Berman, geological consultant with over 37 years experience in petroleum exploration and production, returns to the podcast this week to debunk much of the hopium currently surrounding America's shale oil output. Because the US is pinning huge hopes on its shale oil "revolution", so much depends on that story being right.

This week, I sit back down with Paul and Elizabeth to discuss the science behind their latest farming practices and techniques, the importance of biology over chemistry when it comes to gardening, and the hands-on workshops they offer, and what they think it takes to make a resilient farm.

The only thing nearly as enlightening as reading David Collums epic Year In Review is listening to him and Chris Martenson riff about its highlights. Strap in, grab some eggnog, and listen to this years recap.

Since gold topped out in 2011, the precious metals mining sector has been where investor capital goes to die. Mining stocks have performed miserably over the past seven years, missing out completely on the central bank-created liquidity-fest that has raised nearly every other equity sector to record highs. But the long winter of abuse is over, claims highly-respected mining analyst John Hathaway, co-manager of the Toqueville Gold Fund.

There's mounting evidence that the Age of American Exceptionalism is grinding to an end. Demographically, in the U.S. (as well as many other developed nations), the prospects of the younger generations are substantially less than those of the Baby Boomers. The same is true socioeconomically as well; the wealth gap between the 1% and everyone else continues to accelerate. What's been the root cause of this slide towards greater and greater inequity? And can anything be done to reverse it?

As we have been tracking here at PeakProsperity.com, the housing market is starting to look quite ill. After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new bubble-highs. Has the Housing Bust 2.0 begun? If so, how bad could things get? And what steps should those looking to pick up values at much lower prices in the future be taking?

As we claim often here at PeakProsperity.com: Energy is everything. Will our global society be able to transtiton off of its extreme dependence on fossil fuels? And if so, can we do so without too much pain? Scott Tinker is the Director of the Bureau of Economic Geology at the University of Texas at Austin, and founder of the non-profit Switch Energy Alliance, which is dedicated to helping humanity address these key questions.

Steen Jacobsen, Chief Economist and Chief Investment Officer of Saxo Bank sees economic slowdown ahead. Specifically, his "Four Horseman" indicators: the drivers of economic growth, are all flashing red.

Mike Maloney, monetary historian and founder of GoldSilver.com, has just released two new chapters of his excellent Hidden Secrets Of Money video series. In producing the series, Maloney has reviewed several thousand years of monetary history and has observed that government intervention and mismanagement -- such as is now rampant across the world -- has always resulted in the diminishment and eventual failure of currency systems.

Fashion is a dirty business. Did you know that the fashion industry is responsible for five percent of the worlds greenhouse gas emissions? Thatis equivalent to the impact of the aviation industry, equal to the carbon output of all the planes flying around the planet each year.

Recorded last week as the market was in full melt-down mode, Chris and Wolf Richter decode the underlying drivers of the sudden reversal, and peer into the future to predict what is most likely to happen next. Both agree that, whether stocks are briefly rescued in the ensuing days, the long-awaited downward re-pricing of the Everything Bubble is nigh.

Chris interviews Joe Saluzzi, co-founder of Themis Trading LLC, outspoken exchange expert, and author of the excellent exposé Broken Markets, returns to give us an update on the state of high frequence trading -- otherwise known as HFT.

Wisdom is in short supply. How do we bring it back? In this week's podcast, Stephen Jenkinson, author of the new book, Come of Age: The Case for Elderhood in a Time of Trouble, returns to explain how the role of elder might be re-instated. It won't be easy, but it may just be one of the essential ingredients we need to make it through the challenge times ahead.

An update on the situation with glyphosate. Will this court ruling restrict the use of glyphosate going forward? Or will it be de-fanged upon appeal? What else has been learned about the health impacts of glyphosate in our food since the 2016 report? What is the latest science telling us? To address these important questions and more, we welcome Dave Murphy back on the program.