History Indicates Stocks Set To Drop In Half

Money manager Eric Hickman is a number-cruncher who’s also a student of history. 

And looking at the past 100 years of market data, he’s forced to conclude that the stock market is due for a whopper of a correction — one that could happen at any moment…

IMPORTANT REMINDER

Wealthion is hosting is first-ever online conference on June 5th, featuring money & market experts such as Lacy Hunt, Grant Williams, Stephanie Pomboy, Lyn Alden, David Hunter, Matt Taibbi, Mike Maloney and many others.

Early bird price is only $99. Register today!

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We look forward to seeing you there on June 5!

Over the past century, the market has had 8 “good” and “bad” cycles, all of them roughly equal in duration. The cycle we’re currently in is the rosiest “good” cycle on record – and it’s looking very long in tooth.

Hickman observes that each good cycle ends with the investing public going “all in” on stocks. It definitely appears we are at that stage now.

And he warns that the opposite is true of bad cycles. By their end, investors have sworn off ever owning stocks again.

Looking at what it would take to make today’s markets ‘fairly valued’ by historic norms, the S&P would need to drop in half. Which he warns is quite likely at this point.

Which is why Eric agrees that, now more than ever, it’s important to partner with a financial advisor who understands the nature of the market risks in play as well as the opportunities, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:

Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.

And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical resilience preparations.

We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.

But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.

SCHEDULE YOUR FREE CONSULTATION

The post History Indicates Stocks Set To Drop In Half appeared first on Peak Prosperity.

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FinTech Being Taught at NJIT with Dr. Stephen Taylor

from Kerry Lutz's Financial Survival Network

Financial technology is all the rage these days. Dr. Stephen Taylor is head of the Fintech department at the New Jersey Institute of Technology. Fintech has become a buzz word lately, but it has become far more sweeping. It has effectively eliminated the back office of the entire finance industry. The technology is increasing at such a rate that it’s becoming difficult to know where it’s heading. Will there be a fully automated financial system with little or no human input? Dr. Taylor believes that there will still be a need for humans in the system, but perhaps not so much. Dr. Taylor’s goal is teaching his students programming so that they can create prototype systems and solve problems. Since 2008-09 Dr. Taylor believes that risk has gotten more spread out and distributed, which is a net positive. We also discussed the use to Fintech and the Flash Boys and got into a general discussion about where our finest minds are spending their careers. Interesting food for thought.

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9M Silver Ounces Per Year Production Three Years from Now with Aurcana Silver CEO Kevin Drover

from Mining Stock Education

Aurcana Silver Corp. (TSXV:AUN  – OTC: AUNFF) has 100% ownership of the world’s highest-grade silver mine (P&P): the Revenue-Virginius mine in Ouray, Colorado, USA. This fully-permitted mine will also be one of the lowest-cost silver producers in the world at only US$8/oz Ag (AISC) after byproduct credits.  In this interview CEO Kevin Drover provides a construction update and production goals for the next three years.  Silver ore will be fed into the mill starting in about two months and the company will be cashflow positive shortly thereafter.  In the first full year of production Aurcana’s conservative estimate of after-tax cashflow is US$50M at $26/oz silver Kevin said.  However, he expects to beat that low estimate.  Aurcana is also moving the fully-permitted Shafter silver mine in Texas back towards production.  Thus, Kevin said in three years from now between the RV mine and the Shafter mine, Aurcana should be producing around nine million silver ounces per year as a mid-tier silver producer.

Kevin Drover has over 40 years of both domestic and international experience.  He was previously VP Worldwide Operations at Kinross Gold and possesses experience in all aspects of mining industry operations, process re-engineering, project development and corporate management.

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Transitory Inflation, My Ass with Nick Santiago (Ep #261​)

from Daily Market Wisdom with Nick Santiago

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.

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SPROTT: Gold, Silver, And Mining Stocks Surge, But You Haven’t Seen Anything Yet

Gold, silver and mining stocks surged today, but you haven't seen anything yet according to one of the greats in the business.

The post SPROTT: Gold, Silver, And Mining Stocks Surge, But You Haven’t Seen Anything Yet appeared first on King World News.

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Killing the Goose That Lays the Copper Eggs with Mark Mix

from Kerry Lutz's Financial Survival Network

Unionization suffered a stunning defeat in Alabama in their efforts to unionize an Amazon warehouse. What is going to happen next for organized labor in the United States? Today, 27 states have right to work laws in place. These laws prevent unions from forcing people to join their organization. The Biden administration is trying to stop and even rollback these protections. However based upon the Amazon results they are facing an uphill battle. Mark Mix is President of the National Right to Work Legal Defense Foundation. He also serves as President of the National Right to Work Committee, a 2.8 million member public policy organization.

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WHAT A DAY: Gold Soars $30 And Silver Spikes Nearly $1, Here Is A Look At What Is Happening And What To Expect Next

The price of gold is soaring $30 today and silver is spiking nearly $1. Here is a look at what is happening and what to expect next.

The post WHAT A DAY: Gold Soars $30 And Silver Spikes Nearly $1, Here Is A Look At What Is Happening And What To Expect Next appeared first on King World News.

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Coming Out of the Covid Closet with Dr. Carole Lieberman (America’s Psychiatrist)

from Kerry Lutz's Financial Survival Network

CDC Says Fully Vaccinated Americans Can Go Without Masks Outdoors – Will Some Have ‘Reluctant Reentry’ Syndrome? Federal health officials said Tuesday that fully vaccinated Americans can go without masks outdoors when walking, jogging or biking outdoors, or dining with friends at outdoor restaurants. Dr. Carole Lieberman, who has been helping us survive psychologically throughout the pandemic, has now compiled a list of 10 symptoms of what she calls ‘Reluctant Reentry Syndrome’:

1. Vague discomfort about discovering what the ’new normal’ will turn out to be.
2. Dreading the pressure of FOMO (Fear of Missing Out) – as more things open up.
3. Reluctance to get out of your comfy pajamas.
4. Not wanting to face the world after you’ve let yourself get fat and furry.
5. Agoraphobia – fear of being in crowds.
6. Fear of catching Covid19 because of new strains.
7. Dreading the awkwardness of reconnecting with friends, family and colleagues.
8. No longer having the excuse of lockdown to explain why you don’t have a partner.
9. Guilt over releasing your kids back into the scary world.
10. Realizing you don’t want to go back to your old life, but not knowing how to re-invent yourself.

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Piepenburg – GOLD: Taking A Swing At A Fast Pitch, Plus Buffett’s “Substantial Inflation”

According to one firm out of Switzerland, for those looking to take a swing at a fast pitch, get into gold, plus Buffett's "substantial inflation."

The post Piepenburg – GOLD: Taking A Swing At A Fast Pitch, Plus Buffett’s “Substantial Inflation” appeared first on King World News.

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A Vital Peak Prosperity Update!

Yes, I am going to be at the Polyface farm event this June 25 & 26 (Friday & Saturday) with the Peak Prosperity tribe.  So for anyone who was maybe, kinda, sorta  thinking of coming to the Polyface/Salatin event, please join me! (Evie is uncertain depending on the timing and outcome of a medical procedure). Further, I am personally inviting anybody who wants to meet me to join me for a Meet and Greet with the tribe following the end of day’s itinerary Saturday afternoon at the farm. Local craft brews, wine and light snacks will be provided, and of course, plenty of great conversation.  So be sure your travel plans leave you some space on Saturday to attend this impromptu event. I simply cannot wait to see old friends again, meet new people, mingle and answer your questions. You can buy tickets here.

Other Good News to Share

While I am still unable to expand a great deal on the topic (much more to come on this soon) I can announce that we are very, very close to wrapping up the many details required for me, Chris Martenson, to assume full control of Peak Prosperity and to resume my content creation.  There will be much, much more said about that just as soon as the deal is completed and everything is legal and proper. I can say I am truly happy and extremely excited about the future of this site and the Peak Prosperity community and am immensely grateful for everyone’s patience and support through this process.

To at least preview some of the changes coming to Peak Prosperity I should say we are so excited about this important event and reconnecting as a tribe at this critical moment in our journey together. At the event you will get to meet some of the new team that’s been hired to help me carry Peak Prosperity forward and to allow me to do what I do best – create more content.

Update on Honey Badger Farms

I am personally thrilled with our field, which was extremely depleted and beleaguered last year by drought, many years of depletion by haying,  and too many cows.  We aggressively rotated the cows just trying to give small segments of the field enough rest.  We never caught up entirely.  It was a sad, light green/yellow color all year.

This year?  We got some fertilizer on in time and it rained right on time to drive that fertilizer into the root zone to and we now have a vigorously growing field of the most satisfying deep emerald green.

It’s lush!  And that does our hearts good.

That pic above is 2 weeks old and the grass is taller and greener still.  That’s balm to my heart and you should have seen the cow’s excitement to finally be turned loose among all that perfect food.  Our cows are our soil management experts and we’re counting on them to turn these acres into highly productive crop land.

Speak of cows, here’s the newest addition to Honey Badger Farms, coming after much consternation due to his extreme lateness in arriving.

His name is “Mojo” and based on his ground speed at the tender age of almost a month old that’s a fitting appellation.

We’ve got a dozen other projects underway here, ranging from sawmilling to forestry, to planting edible trees and bushes, to installing solar, to planting perennials to repairing stone walls. My goal? To be able to feed 100 people from this land. Will I see that goal in my lifetime? Maybe, but maybe not.

It’s a long-term project and Evie and I are merely the current stewards of an amazing piece of land.

As an aside, Evie and I are really looking forward to seeing Salatin’s farm first hand and feel their operations as we’ve been really pouring a lot of energy into our own farm, building soil, welcoming new animals onto the land, and reveling in the new abundance that we can already see from our efforts.

So for us, to spend a weekend learning from Joel in the presence of Peak Prosperity tribe members is as good an experience as one can get.

I – er, we – hope to see you soon!

Chris

P.S. The cover photo for this post happens to be Chris & Evie’s garden from last year.  Remember when I said to “plant a garden”  during my Covid coverage?  I not only meant it, but this year I think it’s an even better and more necessary idea than before!

The post A Vital Peak Prosperity Update! appeared first on Peak Prosperity.

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Withdraw Your Consent with Dr. Elaina George

from Kerry Lutz's Financial Survival Network

Dr. Elaina George returns… Are we really giving informed consent in an era when a doctor visit lasts little more than 7 minutes. Has technology really helped the practice of medicine? Conveyor belt medicine doesn’t work. Hands-on medicine is still works best and is crucial for the patient’s well-being. Telemedicine isn’t medicine. It’s a prescription factory. They’re too busy writing a script to be concerned with your underlying health and getting to the real root of the problem. Follow the money. We’re starting to find out the truth about the Covid measures that were taken. Believe it or not. the vaccines have not been FDA approved. What does that tell you?

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The Gods/Markets Must Be Crazy with Nick Santiago (Ep #260​)

from Daily Market Wisdom with Nick Santiago

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.

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Look At What Is Happening To US Household Incomes

Look at what is happening to US household incomes.

The post Look At What Is Happening To US Household Incomes appeared first on King World News.

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Major Gold Bull Catalyst, Incredible Chart, Gold Juniors About To Shock The Market, Plus Another Surprise

The pullback in gold is such a joke. Here is a look at a major gold bull catalyst, incredible chart, gold juniors about to shock the market, plus another surprise.

The post Major Gold Bull Catalyst, Incredible Chart, Gold Juniors About To Shock The Market, Plus Another Surprise appeared first on King World News.

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Look Out Below? with “Mish” Schneider

from Kerry Lutz's Financial Survival Network

Michele ‘Mish’ Schneider is back… The markets are taking a hit thanks in part to Treasury Secretary Yellen’s comments about rising rates. Crypto has been embraced by the younger generation as an inflation hedge. Now with the rise of Ethereum. Will it displace Bitcoin as the leading the crypto. Dogecoin is an indicator by the younger generation is looking at “defi” to diversify away from centralized financial control. What’s happening now is that people are doing transactions outside the exchange leading to a shortage on the exchanges. Ripple could be a good play too. It’s being used more around the globe. Used cars have are nearly unobtainable.

A look at Tesla’s earnings. Buffet and Munger are from a lost generation, when “Made In America” really meant something. So they can judge all you want. Mish believes in risk management and doesn’t buy falling knives. What will happen in the market going forward, we could very well see a major correction. Amazon and Apple had great earnings and then market turned a deaf ear. Is it time to short? Hedge? Look to the VIX, it’s now heading higher. Will it continue? If so, Nasdaq could be the ideal short. Watch bonds as well.

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