PART 2 of this video is available to members of Peak Prosperity. Join today at: https://peakprosperity.com/membership/?utm_source=youtube&utm_medium=description&utm_campaign=220712_ep69_YOUTUBE ... https://www.youtube.com/watch?v=c9PoX7nRcGY

We are conditioned to think that financial "investing" means sending your capital to Wall Street. There it will be put into paper securities (stocks, bonds, etc) and hopefully, when your next statement arrives, the dollar total is higher than you put in. There's no connection between the investor and the investment. And in today's market, where safer investments offer nearly no return, investment capital is increasingly paying to chase risk it has little understanding of. And all the while, the middlemen -- with their 100% perfect trading quarters and record bonus payouts -- demonstrate that the system really exists to siphon off money from this 'dumb capital'. Wouldn't it be much better to invest your capital where you live? Where you actually know how it is being used, and can actually see whether it's actually creating tangible value? Where if productive, your investment is making your local community stronger? Francis Koster knows this is possible. In fact, he knows first-hand that there are many such opportunities, and they often offer higher returns on investment than many traditional Wall Street options Francis returns to the program to share his growing catalog of practical examples, collected from entrepreneurs and investors across the country and profiled in his new book Discovering the New America: Where Local Communities Are Solving National Problems. Every week, Chris and I are approached by people who are uncomfortable keeping their money "in the system". They don't trust today's markets and/or they don't want to enable the parasitical Wall Street machine any further. They all share the same question: Where can I put my money where it will earn a return while doing good? Koster's mission is finding acceptable answers to this question. He is one of the few pioneers exploring the emerging frontier of local, sustainable investing and cataloging his findings for all to consider and replicate. Like many of the personal resilience practices we advocate on this site, Francis is revealing how tomorrow's "investing" will be much more hands on and direct than today's disembodied online brokerage experience -- but it will be much authentic, local and economically healthy. ... https://www.youtube.com/watch?v=OFRYm_7Df7w

SCHEDULE YOUR FREE PORTFOLIO REVIEW with Mike, John and the New Harbor Financial team here: https://www.greylockpeak.com/ Argh...today's update is hard to write with a cool head. As we get a clearer picture of the historic and unprecedented carnage wrought on the economy by covid-19 in both size and scale, the markets blithely march higher. Today's case in point: the April unemployment rate was released this morning. 14.7%! And we already know this number is far below reality. April rate only reflects 20 million jobs lost; the latest tally is over 33 million. Federal Reserve President Neel Kashkari estimates the current true unemployment rate is closer to 24%(!!) So, what's the reaction of the markets to today's worst-ever-by-far-in-history unemployment print? They rally higher, naturally: Since rebounding sharply from the March lows, the markets have re-entered a manic melt-up phase where no news is so terrible it can't send prices higher. The NASDAQ is green on the year now, for crying out loud. How is that even possible since, between then and now, GDP has fallen by 30%??? In an attempt to understand these increasingly non-sensical markets, we've once again asked the lead partners at New Harbor Financial, Peak Prosperity's endorsed financial advisor, for their latest perspective. In the below video, we discuss the current melt-up, what history tells us comes next, and why seasoned successful investors like Warren Buffett and Paul Singer are currently exiting stocks and buying gold: Anyone interested in scheduling a free consultation and portfolio review with Mike and John can do so by clicking the link below https://www.greylockpeak.com/ ... https://www.youtube.com/watch?v=KNbIw8nb-1U

Full Description and comments at: http://www.peakprosperity.com/podcast/92283/richard-duncan-real-risk-coming-multi-decade-global-depression Richard Duncan, author of The Dollar Crisis and The New Depression: The Breakdown Of The Paper Money Economy, isn't mincing words about the risks he sees ahead for the world economy. Essentially, he sees the past 50 years of economic prosperity fueled by globalization and easy credit in serious danger of being unwound, as the doomed monetary policies currently being pursued by the word's central banks result in a massive multi-decade depression that spans the globe. ... https://www.youtube.com/watch?v=DieONheFQ3U