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by Adam Taggart

After hearing reports of depleting inventories of pre-packaged, ready-to-purchase stored food, CM.com did a little investigating. It turns out there’s truth behind the rumor.

Earlier today, Zero Hedge observed:

It appears that Mountain House, which is one of the better purveyors of freeze dried food and holds over 30 servings and last for 20 years because they are packed with nitrogen rather than oxygen, is now sold out of all #10 cans -link.And for those who go to NitroPak, which sells these products, they have the following message:

***CURRENT INVENTORY UPDATE*** There is currently EXTREMELY high demand for all of our Mountain House foods nationwide due to current economic uncertainty and inflation fears. With this increase in demand, our food order processing times have increased also. As Mountain House’s leading distributor, we are receiving huge shipments weekly to fill our customer orders. We are shipping as quickly as we can. Your charge card will not be charged-up until we are ready to process your order. Thank you for your understanding and patience! Harry R Weyandt President

Nitro-Pak is one of the distributors we often recommend to our readers, so we started there. Sure enough, the above inventory update is prominently posted.

I then placed a call to The Ready Store, whose products we link to from the Storing Food section of our ‘What Should I Do?’ guide. They also include a lot of Mountain House products in their food packages. They, too, are seeing high demand which is affecting their promised shipping times.

CM.com Alert: Food Storage Shortage Risk Emerging
PREVIEW by Adam Taggart

After hearing reports of depleting inventories of pre-packaged, ready-to-purchase stored food, CM.com did a little investigating. It turns out there’s truth behind the rumor.

Earlier today, Zero Hedge observed:

It appears that Mountain House, which is one of the better purveyors of freeze dried food and holds over 30 servings and last for 20 years because they are packed with nitrogen rather than oxygen, is now sold out of all #10 cans -link.And for those who go to NitroPak, which sells these products, they have the following message:

***CURRENT INVENTORY UPDATE*** There is currently EXTREMELY high demand for all of our Mountain House foods nationwide due to current economic uncertainty and inflation fears. With this increase in demand, our food order processing times have increased also. As Mountain House’s leading distributor, we are receiving huge shipments weekly to fill our customer orders. We are shipping as quickly as we can. Your charge card will not be charged-up until we are ready to process your order. Thank you for your understanding and patience! Harry R Weyandt President

Nitro-Pak is one of the distributors we often recommend to our readers, so we started there. Sure enough, the above inventory update is prominently posted.

I then placed a call to The Ready Store, whose products we link to from the Storing Food section of our ‘What Should I Do?’ guide. They also include a lot of Mountain House products in their food packages. They, too, are seeing high demand which is affecting their promised shipping times.

by Chris Martenson

Don’t Be Fooled: Inflation Has The Upper Hand

Wednesday, December 8, 2010

Executive Summary

  • Money supply (M2) has been steadily growing for a decade, and banks hold an unprecedented amount of excess reserves that could enter the market at any time.
  • Credit growth is flatlining.
  • Debt in the household & financial sectors (the big enchilada) exhibits the deflationary trends that are pre-occupying the Fed.
  • Federal government credit is exploding upwards as a result.
  • Corporate and state debt are increasing, but at more moderate rates.
  • Energy costs are high and getting higher = inflationary.
  • Confidence in paper currencies is plummeting = potentially hyperinflationary.
  • Forecast for the future…

Part I

If you have not yet read Part I of this report, please click here to read it first.

Part II 

In Part I, we stepped through prices as useful indicators of whether we are in a period of inflation or deflation.  Because there’s no more important determination to make than to get an early read on whether we are facing a future of inflation or deflation, we are going to dive a bit more deeply into the evidence here to round out the story.

Let’s begin with….

Money

The classic definition of inflation or deflation is a “relative change in the amount of money compared to goods and services.”  Too much money and you have inflation; too little and you have deflation.

Don’t Be Fooled: Inflation Has The Upper Hand
PREVIEW by Chris Martenson

Don’t Be Fooled: Inflation Has The Upper Hand

Wednesday, December 8, 2010

Executive Summary

  • Money supply (M2) has been steadily growing for a decade, and banks hold an unprecedented amount of excess reserves that could enter the market at any time.
  • Credit growth is flatlining.
  • Debt in the household & financial sectors (the big enchilada) exhibits the deflationary trends that are pre-occupying the Fed.
  • Federal government credit is exploding upwards as a result.
  • Corporate and state debt are increasing, but at more moderate rates.
  • Energy costs are high and getting higher = inflationary.
  • Confidence in paper currencies is plummeting = potentially hyperinflationary.
  • Forecast for the future…

Part I

If you have not yet read Part I of this report, please click here to read it first.

Part II 

In Part I, we stepped through prices as useful indicators of whether we are in a period of inflation or deflation.  Because there’s no more important determination to make than to get an early read on whether we are facing a future of inflation or deflation, we are going to dive a bit more deeply into the evidence here to round out the story.

Let’s begin with….

Money

The classic definition of inflation or deflation is a “relative change in the amount of money compared to goods and services.”  Too much money and you have inflation; too little and you have deflation.

by Chris Martenson

"Straight Talk" features thinking from notable minds that the PeakProsperity.com audience has indicated it wants to learn more about.  Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.

This week's Straight Talk contributor is Charles Hugh Smith, who has been an independent journalist for 22 years. His weblog, www.oftwominds.com, is a daily compendium of observations and analysis on the global economy and financial markets, as well as notable political, social, and cultural trends. Charles has authored a number of books across several genres, including the recent Survival+: Structuring Prosperity for Yourself and the Nation.


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1. Of the many forces at play that you write about within the economy, society, and politics, which ones do you see as the most defining for the future? How do you expect things to unfold?

CHS:  Clearly, demographics and Peak Oil are forces which cannot be massaged away by policy tweaks or financial engineering. I think the exhaustion of Global Neoliberal Capitalism and State Capitalism is apparent, as is the bankruptcy of the two ideologies that more or less define our politics. The reliance on expansion of credit and State power is a dynamic with only unhappy endings.

 

Straight Talk with Charles Hugh Smith: Why The Status Quo Is Unsustainable
by Chris Martenson

"Straight Talk" features thinking from notable minds that the PeakProsperity.com audience has indicated it wants to learn more about.  Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.

This week's Straight Talk contributor is Charles Hugh Smith, who has been an independent journalist for 22 years. His weblog, www.oftwominds.com, is a daily compendium of observations and analysis on the global economy and financial markets, as well as notable political, social, and cultural trends. Charles has authored a number of books across several genres, including the recent Survival+: Structuring Prosperity for Yourself and the Nation.


p.p1 {margin: 0.0px 0.0px 6.0px 0.0px; font: 13.0px Verdana}

1. Of the many forces at play that you write about within the economy, society, and politics, which ones do you see as the most defining for the future? How do you expect things to unfold?

CHS:  Clearly, demographics and Peak Oil are forces which cannot be massaged away by policy tweaks or financial engineering. I think the exhaustion of Global Neoliberal Capitalism and State Capitalism is apparent, as is the bankruptcy of the two ideologies that more or less define our politics. The reliance on expansion of credit and State power is a dynamic with only unhappy endings.

 

by suziegruber

A few months ago, I developed red spots on my face and neck that were kind of itchy.  After another day or so, the spots had progressed down my torso and onto my thighs, so I decided to go to a doctor.  Although I have health insurance, at the time I did not have a primary care physician, so seeing a doctor quickly proved to be difficult.  Most everyone I called told me to go the emergency room, a ridiculously expensive suggestion, given that my situation was certainly not a life-threatening emergency.  I finally got an appointment with a nurse practitioner at a local clinic.  She hurriedly looked at the red spots, pronounced that I had hives, and immediately decided to give me a steroid injection and to prescribe a week-long dose of Prednisone.  There was no discussion of reasoning for her prescription, likely symptom progression, or treatment options.

I know that steroids significantly impact my body through increased anxiety, difficulty sleeping, and suppressed immune response, and I was about to leave on a month long trip, so I really didn’t want any of these side effects.  I slowed her down long enough to get her to tell me what I could expect if I didn’t take the shot or the Prednisone.  She told me the hives would likely progress through the rest of my body, enter my lungs and then cause difficulty breathing, and that I definitely needed both the injection and the Prednisone.  By this point, I internally questioned her judgment due to her extreme prognosis and lack of willingness to engage with me, so I accepted the shot and decided to mull over whether or not to fill the Prednisone prescription.  That afternoon I spoke with a friend of mine who is an MD (I should have called him first), and he said that I likely would not need the Prednisone and that I should see how it goes for a couple of days.  I did not need the Prednisone and the hives disappeared in a week or so.

So why am I sharing this story? In my opinion, health care remains one of the thorniest problems that we face, because even with relatively abundant cheap oil, our current system serves us poorly.

The Keys to Transitioning Healthcare: Empowerment, Education, & Prevention
by suziegruber

A few months ago, I developed red spots on my face and neck that were kind of itchy.  After another day or so, the spots had progressed down my torso and onto my thighs, so I decided to go to a doctor.  Although I have health insurance, at the time I did not have a primary care physician, so seeing a doctor quickly proved to be difficult.  Most everyone I called told me to go the emergency room, a ridiculously expensive suggestion, given that my situation was certainly not a life-threatening emergency.  I finally got an appointment with a nurse practitioner at a local clinic.  She hurriedly looked at the red spots, pronounced that I had hives, and immediately decided to give me a steroid injection and to prescribe a week-long dose of Prednisone.  There was no discussion of reasoning for her prescription, likely symptom progression, or treatment options.

I know that steroids significantly impact my body through increased anxiety, difficulty sleeping, and suppressed immune response, and I was about to leave on a month long trip, so I really didn’t want any of these side effects.  I slowed her down long enough to get her to tell me what I could expect if I didn’t take the shot or the Prednisone.  She told me the hives would likely progress through the rest of my body, enter my lungs and then cause difficulty breathing, and that I definitely needed both the injection and the Prednisone.  By this point, I internally questioned her judgment due to her extreme prognosis and lack of willingness to engage with me, so I accepted the shot and decided to mull over whether or not to fill the Prednisone prescription.  That afternoon I spoke with a friend of mine who is an MD (I should have called him first), and he said that I likely would not need the Prednisone and that I should see how it goes for a couple of days.  I did not need the Prednisone and the hives disappeared in a week or so.

So why am I sharing this story? In my opinion, health care remains one of the thorniest problems that we face, because even with relatively abundant cheap oil, our current system serves us poorly.

by Chris Martenson

"Straight Talk" features thinking from notable minds who you, the PeakProsperity.com audience, have indicated that you want to learn more about.  Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.

This week's Straight Talk contributor is G. Edward Griffin — political lecturer, film producer, and author.  In his best-known book, The Creature from Jekyll Island, Griffin details how money is created and exposes the anything-but-boring history of how the Federal Reserve came into being. The book provides one of the best explanations of how our monetary system works, as well as a prescient foreshadowing of the Fed's bailout of the financial system at taxpayer expense.  


 

 

 

 

 

 

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1. Practically everything that you outlined in your book The Creature From Jekyll Island has come to pass.  Bailouts, increased centralization of power, all of it.  Now what happens?  We are having a hard time envisioning the current debt-based fiat money system surviving for much longer (let alone forever).  If not fiat money, then what?   What are the next moves for those who might wish to see the continuation of their extremely lucrative franchise?

GEG:   What happens next also is portrayed in my book, and it isn't pretty.

Straight Talk with G. Edward Griffin: What’s Coming Next Isn’t Pretty
by Chris Martenson

"Straight Talk" features thinking from notable minds who you, the PeakProsperity.com audience, have indicated that you want to learn more about.  Readers submit the questions they want addressed and our guests take their best crack at answering. The comments and opinions expressed by our guests are their own.

This week's Straight Talk contributor is G. Edward Griffin — political lecturer, film producer, and author.  In his best-known book, The Creature from Jekyll Island, Griffin details how money is created and exposes the anything-but-boring history of how the Federal Reserve came into being. The book provides one of the best explanations of how our monetary system works, as well as a prescient foreshadowing of the Fed's bailout of the financial system at taxpayer expense.  


 

 

 

 

 

 

p.p1 {margin: 0.0px 0.0px 6.0px 0.0px; font: 13.0px Verdana}

1. Practically everything that you outlined in your book The Creature From Jekyll Island has come to pass.  Bailouts, increased centralization of power, all of it.  Now what happens?  We are having a hard time envisioning the current debt-based fiat money system surviving for much longer (let alone forever).  If not fiat money, then what?   What are the next moves for those who might wish to see the continuation of their extremely lucrative franchise?

GEG:   What happens next also is portrayed in my book, and it isn't pretty.

by rhare

Like many of you reading this article, I am fairly new to the realization that our future may not turn out the way we originally planned.  A little over two years ago, after the financial turmoil set in, I began to wake up from my comfortable, relatively uncomplicated life and take a closer look at what was going on around me. 

I was first introduced to the Crash Course by an attendee at the 2009 CPAC Liberty Forum in Washington, DC where I had gone to hear Ron Paul speak.  Little did I know how dramatic an impact that one conversation would have on my life.  After watching the Crash Course a couple of times, many pieces of the puzzle started to fall together, and I quickly progressed to Stage 4 – Fear.  (See The Six Stages of Awareness for more on that topic).  A few weeks after I attended Dr. Martenson's Lowesville seminar, I decided it was time to take immediate action.  I've also had to deal with the challenges of convincing my partner that these changes were really worthwhile and necessary and that I wasn't a raving lunatic who would soon be wearing a tin foil hat!

I hope reading about the thermal and photovoltaic solar systems we have installed will encourage you to think about actions you can take to prepare for our uncertain future.  Since it would be impossible to even begin to give every detail about how the systems work or how to put one together, my goal is to show what can be done, give you things to consider, suggest rough costs, and provide links for further research.

 

Installing a Solar Energy System
by rhare

Like many of you reading this article, I am fairly new to the realization that our future may not turn out the way we originally planned.  A little over two years ago, after the financial turmoil set in, I began to wake up from my comfortable, relatively uncomplicated life and take a closer look at what was going on around me. 

I was first introduced to the Crash Course by an attendee at the 2009 CPAC Liberty Forum in Washington, DC where I had gone to hear Ron Paul speak.  Little did I know how dramatic an impact that one conversation would have on my life.  After watching the Crash Course a couple of times, many pieces of the puzzle started to fall together, and I quickly progressed to Stage 4 – Fear.  (See The Six Stages of Awareness for more on that topic).  A few weeks after I attended Dr. Martenson's Lowesville seminar, I decided it was time to take immediate action.  I've also had to deal with the challenges of convincing my partner that these changes were really worthwhile and necessary and that I wasn't a raving lunatic who would soon be wearing a tin foil hat!

I hope reading about the thermal and photovoltaic solar systems we have installed will encourage you to think about actions you can take to prepare for our uncertain future.  Since it would be impossible to even begin to give every detail about how the systems work or how to put one together, my goal is to show what can be done, give you things to consider, suggest rough costs, and provide links for further research.

 

by Adam Taggart

While we deal with some pretty heavy material on this site, it's important to remember we all have a tremendous amount to be thankful for.

Thanks to Chris, we're aware of the interplay among the Three Es and how things are likely to unfold. Take a moment to appreciate that gift – the vast majority of those yet to swallow the 'red pill' are still sleepwalking into the future unprepared.

Thanks to our still-functioning societies & economies, we have time. Time to debate & process the implications of peak oil and to take informed steps to increase our resiliency to them – in our investment portfolios, in our homes, and in our communities.

And thanks to each of us, we have this site – a collective of smart and encouraging individuals doing their best to "figure it all out" and help each other do the same.  Your forum contributions, comments, and feedback are making this site the pre-eminent resource on the Web for those seeking to prepare for an uncertain future.

So this year, I'd like to invite us to share our Thanksgiving experiences with each other.

Sharing Our Thanks
by Adam Taggart

While we deal with some pretty heavy material on this site, it's important to remember we all have a tremendous amount to be thankful for.

Thanks to Chris, we're aware of the interplay among the Three Es and how things are likely to unfold. Take a moment to appreciate that gift – the vast majority of those yet to swallow the 'red pill' are still sleepwalking into the future unprepared.

Thanks to our still-functioning societies & economies, we have time. Time to debate & process the implications of peak oil and to take informed steps to increase our resiliency to them – in our investment portfolios, in our homes, and in our communities.

And thanks to each of us, we have this site – a collective of smart and encouraging individuals doing their best to "figure it all out" and help each other do the same.  Your forum contributions, comments, and feedback are making this site the pre-eminent resource on the Web for those seeking to prepare for an uncertain future.

So this year, I'd like to invite us to share our Thanksgiving experiences with each other.

by Chris Martenson

It’s Official: The Economy Is Set To Starve

Tuesday, November 23, 2010

Executive Summary

  • The age of conventional oil is over, but energy demand will continue to climb.
  • Natural gas is the “silver” of energy plays.
  • The inexorable onset of Peak Oil will drive natural gas much, much higher.
  • A tipping point of awareness approaches.
  • Prepare for extreme market volatility.

Part I

It’s the End of the Oil As We Know It…

Please click here to read Part I of this report.

Part II

Scouring the Globe for Fuel

Please click here to read Part II of this report.

Part III

Okay, so we’ve come to the conclusion that by the time the IEA, which has every incentive to underplay the timing and impact of Peak Oil, has publicly done everything but hand the world an engraved invitation on a silver platter that reads You are cordially invited to accept the reality of Peak Oil, it’s already past time to begin making whatever adjustments you are going to make.

Remember, it is my view that when the changes finally arrive in full force, their speed will overtake most people’s, countries’, and companies’ ability to react gracefully. (Click here for a recent report on this subject). Which means that the time to begin these efforts, if you have not already started, is now.

But we’ve gone over this in quite a bit of detail recently, and so I will not rehash those thoughts here and now. This report begins with the assumption that you have taken care of the basics: food, water, energy, and shelter. Further, you have gold and silver. You’ve got enough spare goods, parts, and necessities to take care of yourself, your family, and a few others besides. You’ve safely removed a comfortable portion of your wealth from the paper-based banking and financial systems. You are diligently working on building your local community.

Okay, so you’ve done all of that.  Now what?

It’s Official: The Economy Is Set To Starve
PREVIEW by Chris Martenson

It’s Official: The Economy Is Set To Starve

Tuesday, November 23, 2010

Executive Summary

  • The age of conventional oil is over, but energy demand will continue to climb.
  • Natural gas is the “silver” of energy plays.
  • The inexorable onset of Peak Oil will drive natural gas much, much higher.
  • A tipping point of awareness approaches.
  • Prepare for extreme market volatility.

Part I

It’s the End of the Oil As We Know It…

Please click here to read Part I of this report.

Part II

Scouring the Globe for Fuel

Please click here to read Part II of this report.

Part III

Okay, so we’ve come to the conclusion that by the time the IEA, which has every incentive to underplay the timing and impact of Peak Oil, has publicly done everything but hand the world an engraved invitation on a silver platter that reads You are cordially invited to accept the reality of Peak Oil, it’s already past time to begin making whatever adjustments you are going to make.

Remember, it is my view that when the changes finally arrive in full force, their speed will overtake most people’s, countries’, and companies’ ability to react gracefully. (Click here for a recent report on this subject). Which means that the time to begin these efforts, if you have not already started, is now.

But we’ve gone over this in quite a bit of detail recently, and so I will not rehash those thoughts here and now. This report begins with the assumption that you have taken care of the basics: food, water, energy, and shelter. Further, you have gold and silver. You’ve got enough spare goods, parts, and necessities to take care of yourself, your family, and a few others besides. You’ve safely removed a comfortable portion of your wealth from the paper-based banking and financial systems. You are diligently working on building your local community.

Okay, so you’ve done all of that.  Now what?

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