Chris and I have been on a ship this week, presenting at The Real Estate Investor Summit At Sea.
We were able to steal away for an hour to sit down with fellow presenter Simon Black (founder of SovereignMan.com) and this excellent discussion ensued. We didn't have any agenda prepared; it's just us three riffing and sharing our thoughts on the most likely implications of the biggest macro risks that have our attention right now. ... https://www.youtube.com/watch?v=DiFNlSOgoXw
Full description and comments at: http://www.peakprosperity.com/podcast/93453/olivier-garrett-buying-gold-silver
Home
Podcast
Richard Charpentier | Dreamstime.com
iTunes | Download | Report Problem
Olivier Garrett: Buying Gold & Silver
Precious metals and the Hard Assets Alliance
by Adam Taggart
Sunday, July 12, 2015, 12:34 PM
Email
Print
Resize Text
RSS
inShare0
Tags: bullion, gold, Hard Assets Alliance, Olivier Garrett, precious metals, silver
With financial markets becoming increasingly volatile (the Shanghai Composite's loss of over $2 trillion in the past month, for example), along with growing global economic instability and currency risks (Greece contagion, anyone?), we think it time to reiterate more loudly our core belief that everyone should own some precious metals.
As detailed out in our report The Screaming Fundamentals For Owning Gold & Silver, the primary reasons are:
To protect purchasing power against monetary recklessness (e.g. central bank money printing)
As insulation against fiscal foolishness (e.g., chronic deficit spending by governments)
As insurance against the possibility of a major calamity in the banking/financial system
For the embedded 'option value' that will pay out handsomely if gold is re-monetized
And while there are many ways to purchase precious metals, we continue to be impressed by the full-service set of solutions offered by the Hard Assets Alliance. Peak Prosperity joined the HAA as a founding member back in 2012, and since then, we've appreciated how well they've executed on their mission and continued to launch features targeted at what their customers value most.
In this week's podcast, Chris sits down with Olivier Garrett, the CEO of the Hard Assets Alliance to discuss the current state of the precious metals market, why the reasons for owning bullion make more sense than ever today, and what the HAA, specifically, is doing to make it as affordable, easy and secure as possible for people everywhere to own gold and silver.
The podcast gets into much more detail, but the main advantages of the Hard Assets Alliance is that it makes the same advantages enjoyed by institutions available to the retail bullion investor.
...
https://www.youtube.com/watch?v=RPUmXrALmSA
Full Description and Comments at: https://peakprosperity.com/podcast/105335/dave-murphy-glyphosate-unsafe-any-plate
In November, a very concerning report -- Glyphosate: Unsafe On Any Plate -- was released by The Detox Project and Food Democracy Now!, raising the alarm of the high levels of glyphosate in the US food supply and the (deliberate?) low levels of awareness of its associated health risks.
Dave Murphy, executive director of Food Democracy Now!, joins us this week to explain the finding of this new report on the world's most-used herbicide (more commonly known by its retail brand: Roundup). As happened in past decades with the alcohol and tobacco industries, there's compelling evidence that profits have taken a priority over consumer safety -- and as public health concerns are being raised, Big Ag is circling its wagons and attacking the questioners rather than embracing open scrutiny.
Are we being poisoned in the pursuit of profit?
...
https://www.youtube.com/watch?v=BkLvO16QoWk
This week we bring back Alasdair Macleod, publisher of Finance and economics.org, because, as he puts it "every horror that we discussed last time we spoke is coming about". Especially scary since our previous conversation with him was less than three weeks ago...
Today's interview continues building on his excellent synopsis from last month that detailed the origins of the Eurozone crisis. The fundamental shortcomings warned of at the Euro's creation in 1997, combined with the excessive sovereign debts run up since then, have finally expressed themselves at a scale too large to be contained any longer.
Today, Alasdair details in-depth the huge and serious challenges facing Greece and the major Eurozone countries, and the likely impacts of the fast-dwindling options left remaining.
He sees no happy ending to this story, no outcome in which serious pain and permanent behavior change can be avoided. And for those looking for shelter from the unfolding economic storm, he sees few options besides the precious metals (which he believes are severely under priced at the moment).
...
https://www.youtube.com/watch?v=s0l5JlufLts
This podcast was originally published on January 16, 2011
"If there's one institution in the US that consistently and repeatedly messes up everything, the Federal Reserve is that institution."
So says famed investor Marc Faber in an interview he gave to ChrisMartenson.com this week. In it, Chris and he dive deep into the Fed activity (encouraged by Washington and Wall Street) responsible for the current severe health of our economic system. Both feel that once you understand the nature of the critical role the Fed now plays, you have much better clarity into what the most probable outcomes for our economy and financial markets will be.
...
https://www.youtube.com/watch?v=qlP06S7J9V0
Full description and comments at: https://www.peakprosperity.com/podcast/113432/william-rees-whats-driving-planets-accelerating-species-collapse
The data regarding planetary species loss just gets more alarming.
Today's podcast guest is bioecologist and ecological economist Dr. William Rees, professor emeritus of the University of British Columbia’s School of Community and Regional Planning. Rees is best known for his development of the "ecological footprint" concept as a way to measure the demand a particular population places on the environmental resources it needs to survive.
Since the beginning of modern agriculture (around 1800), human activity has increased demand on planetary resources at an exponential rate. More energy has been expended -- and more resources consumed -- in the past 40 years than in all of human existence beforehand. That is placing a greater and greater strain on ecosystems that are now dangerously depleted.
...
https://www.youtube.com/watch?v=lS4tMMXACAg
Chapter 4 (The Power of Compounding): Compounding, the first Key Concept of the Crash Course is explained in this installment. Dr. Martenson draws on a paper by Dr. Albert Bartlett explaining the dangerous implications of steady rates of growth, from oil consumption to population: as Chris says, "With exponential functions, the action only heats up in the last few moments".
http://www.chrismartenson.com
...
https://www.youtube.com/watch?v=iIwyMif5EOg
BE SURE TO READ Chris' latest free report "Why Covid-19 Demands Our Full Attention" here: https://www.peakprosperity.com/why-covid-19-demands-our-full-attention/
Then WATCH UPDATE #26 HERE: https://youtu.be/FXelEi4tqAo
The public's trust in the authorities running our system is suffering as a result of officials' ham-fisted tactics.
Good information is increasingly hard to come by as world governments suppress any and all non-official sources. And much of the official 'data' being released appears untrustworthy. In many cases, it seems too benign for the massive and draconian efforts governments are taking around the world.
The media, too, appears complicit. It's neither asking the tough questions or providing the useful information the public is hungry for right now.
Ditto for the financial markets, which are doing their damndest to act as if the growing covid-19 pandemic is a non-event.
Such breaking of trust is what researcher Neil Howe warned of in his excellent work 'The Fourth Turning', predicting a period of profound loss of faith in public institutions.While there are many contributing factors -- massive world debt, huge wealth disparity, planetary resource depletion -- the social angst being stirred up by the coronavirus is a classic symptom of a Fourth Turning.
Expect an even bumpier road ahead...
Now... READ Chris' other free reports on the coronavirus:
1) How to protect yourself & your family from covid-19: https://www.peakprosperity.com/coronavirus-what-we-can-say-publicly-what-we-cant/
2) How the coronavirus is going to cause a painful downdraft in the stock market: https://www.peakprosperity.com/blackswan
...
https://www.youtube.com/watch?v=0NhJrca9Qts