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How to Build an Herb Spiral: Part 1

Chris Martenson - April 7, 2014 - 15:33

Herb spirals are synonymous with permaculture. Most people even vaguely familiar with permaculture have encountered the famous herb spiral. The idea is to create a structure, the spiral that will have many different types of microclimates in a small easily harvestable area that looks beautiful. Herb spirals are meant to be very close to your kitchen, so you can easily go outside and pick a few fresh herbs while you are cooking. I like the idea because it adds function, beauty, and texture to the garden.

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Categories: Economics

Legalize Sharing in Your City - Create Your Own Petition

Shareable Magazine - April 7, 2014 - 14:30

When Hayley Ortner moved to San Francisco to pursue a career working with tech workers with autism, she turned her car from a liability into an income generator by carsharing it through the app Getaround. She now earns enough money from sharing her car to cover her car payments and insurance, while still being able to use her car for errands and trips out of town.

Categories: Economics

Natural Air Conditioner

Chris Martenson - April 7, 2014 - 11:27

An interesting concept to create small space cooling using simple technology and natural materials.

http://www.treehugger.com/sustainable-product-design/natural-air-conditioner-terracotta-thibault-faverie.html

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Categories: Economics

After Mayor Dies, Mississippi's Capital Wrestles with Economic Vision

Shareable Magazine - April 7, 2014 - 08:58

Top image: astudio/Shutterstock. Article cross-posted from YES! Magazine.

On his way into work every morning, Chokwe Lumumba, the late mayor of Jackson, Mississippi, used to pass a historical marker: “Jackson City Hall: built 1846-7 by slave labor.”

Categories: Economics

Daily Digest 4/7 - The NSA Spying Machine, U.S. Corn Belt Glowing with Productivity

Chris Martenson - April 7, 2014 - 07:00
  • The Polarized Partisan Geography of Inequality
  • Cities Advance Their Fight Against Rising Inequality
  • Snowden to Receive Truth-Telling Prize
  • Interactive Graphic: The NSA Spying Machine
  • If President Obama wanted the NSA to quit storing phone metadata, he’d act now
  • Shale Gas Boom Leaves Wind Companies Seeking More Subsidy
  • The Lewis Effect
  • NASA Shows U.S. Corn Belt Literally Glowing with Productivity
  • Dow Chemical seeks USDA approval for 2,4-d ready corn 

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Categories: Economics

Daily Digest 4/6 - NY's Paid Sick Leave Law Begins, Bad Science From Big Data

Chris Martenson - April 6, 2014 - 09:59
  • Even Small Medical Advances Can Mean Big Jumps in Bills
  • New York’s Paid Sick Leave Law Quietly Takes Effect
  • US slams Europe’s plan to build anti-snooping system
  • Under attack: Depth of federal arms race should surprise, shock citizenry
  • Power Of Elites Influences Gold And Silver Price More Than China’s Gold
  • Google and the flu: how big data will help us make gigantic mistakes
  • Quick Take: Ebola Outbreak
  • Finding Fellowship After Deadly Washington Mudslide

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Categories: Economics

Important project here, they just forgot to mention how the permacredits are iss...

Community Currency Magazine - April 6, 2014 - 03:48
Important project here, they just forgot to mention how the permacredits are issued...


Permacredits
permacredits.com
The Local Currency for the Global Permaculture Movement
Categories: Economics

Proposed business-credit currency for Catalonia

Community Currency Magazine - April 6, 2014 - 03:32
Proposed business-credit currency for Catalonia


Eurocat: Interest-free money to finance Catalan small businesses
mig76en.wordpress.com
This event took place on 04th April 2014 at PIMEC, Barcelona with the aim to present Euro-cat, a new complementary currency which will start working in June all over Catalonia (Spain). The first sp...
Categories: Economics

Ugo Bardi: The Banquet of Consequences

Chris Martenson - April 5, 2014 - 11:15

Everybody, soon or late, sits down to a banquet of consequences.

~ Robert Louis Stevenson

"Growth is the problem; not the solution" says Ugo Bardi, Professor of Physical Chemistry at Italy's University of Florence and author of the recent book Extracted: How the Quest for Mineral Wealth is Plundering the Planet.

In this week's podcast, Professor Bardi and Chris discuss resource depletion and its growing impact on geopolitical events and the world economy.

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Categories: Economics

Daily Digest 4/5 - Stop Worrying About Inflation, It’s Still Bad for the Long-Term Unemployed

Chris Martenson - April 5, 2014 - 08:35
  • Mega-Donors Are Now More Important Than Most Politicians
  • U.S. Response to Crimea Worries Japan’s Leaders
  • US adds 192,000 jobs in March as unemployment rate remains at 6.7%
  • Sign of Spring on Pay: Real Wage Growth
  • It’s Still Bad for the Long-Term Unemployed
  • Stop Worrying About Inflation—the Recovery Is Still as Slow as Ever
  • Fracking Is Like Fishing
  • A Big Find on a Tiny Saturn Moon

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Categories: Economics

Preparing for Earthquakes

Chris Martenson - April 5, 2014 - 07:22

[NOTE: This article is adapted from When Disaster Strikes: A Comprehensive Guide for Emergency Planning and Crisis Survival]

Shelly and Phil Rodgers were in their home in California’s Santa Cruz Mountains when the Loma Prieta quake struck. The epicenter was about seven miles from their home. The house shook violently and all of their cupboards opened, throwing every dish, jar, can, bookcase, television, and appliance to the floor. Phil said that the house floors undulated like a snake, appearing to change elevation by more than a foot in different parts of the house as the quake shook through. They were not able to leave the house until the earth stopped moving. Because their car keys and shoes were still inside, Phil had to brave the aftershocks and wade through broken glass to retrieve keys and shoes so they could attempt the drive to town to pick up their kids. He brought a chainsaw with him, which was needed to cut large limbs that had fallen across the road.

On their way to town, they passed the spot where a neighbor’s house should have been. It had been built on tall pylons overlooking the hillside. When the quake struck, it slid off the piers and down the canyon. The two occupants on the first floor managed to crawl out the door moments before it took off, but their son, who was sleeping on the second floor, went for the wildest ride of his life. He miraculously rode through it uninjured, as the first floor disintegrated and the roof split away and to the side. Another friend had a home that lacked proper shear wall nailing and adequate attachment to the foundation. This home slid off the foundation and was a total loss, receiving the “bulldozer remodeling job.”

What to Expect When an Earthquake Strikes

In the aftermath of a major earthquake, the public utilities usually fail, and fires tend to break out due to broken gas mains and lack of water. Most government workers are either injured themselves, or at home caring for family members. If the earthquake is a significant one, with widespread damage and casualties, in all likelihood you will be on your own for several days or more. In this case, medical attention for the wounded and rescue efforts for those trapped under debris will be the first priority, with water second, followed by shelter and food.

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Categories: Economics

'Professor Bitcoin' Jem Bendell inaugural lecture at Words by the Water festival...

Community Currency Magazine - April 4, 2014 - 16:49
'Professor Bitcoin' Jem Bendell inaugural lecture at Words by the Water festival in the Lake District, UK. We must lose our delusions!


University of Cumbria - Inaugural lecture by Professor Jem Bendell
Professor Jem Bendell, director of the University of Cumbria's Institute for Leadership and Sustainability (IFLAS), delivers the Derwentwater Lecture at the ...
Categories: Economics

Sun Oven Special Offer

Chris Martenson - April 4, 2014 - 14:15

We are pleased to announce that Sun Oven International is offering PeakProsperity.com readers 2 special discounts on their popular All American Sun Oven and the Sun Oven with Preparedness and Dehydrating Package.

The All American SUN OVEN® contains new innovative features which makes it easier to use.

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Categories: Economics

10 Non-Power Tools You Need for Survival

Chris Martenson - April 4, 2014 - 12:59

A good list of tools to consider as part of your preps that can replace the ones the need power or batteries in order to function. 

http://survivalcache.com/10-non-power-tools-you-need_for_survival/

And as a side note, my new 28" cross cut saw arrives tomorrow.  Looking forward to trying it out and giving everyone a review of its effectiveness and functionality.

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Categories: Economics

Bank Robber-in-hiding and super-activist Enric Duran talks about the Catalonia I...

Community Currency Magazine - April 4, 2014 - 08:07
Bank Robber-in-hiding and super-activist Enric Duran talks about the Catalonia Integral Cooperative which he leads.


Integral Revolution Part 1 & 2
blog.p2pfoundation.net
The article will be followed by parts 2 & 3 tomorrow. Original Article - Michel Bauwens of the P2P Foundation, Neal Gorenflo of Shareable, and author John Restakis interview Catalan Integral Co...
Categories: Economics

Daily Digest 4/4 - Hungry For Savings, How the Rich and Poor Spend Money

Chris Martenson - April 4, 2014 - 07:50
  • How the Rich and Poor Spend Money Today—and 30 Years Ago
  • You can’t solve structural problems with liquidity: Rickards
  • Shocking Facts About The Deindustrialization Of America That Everyone Should Know
  • U.S. Added 192,000 Jobs in March; Jobless Rate Holds
  • With California’s red light cameras, are pictures admissible evidence?
  • If Reflation Is There, Then Gold Is Your Ultimate Hedge
  • Hungry For Savings
  • U.S. Seeks Changes to ‘Skewed’ Data in UN Climate Draft

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Categories: Economics

The Screaming Fundamentals For Owning Gold

Chris Martenson - April 4, 2014 - 06:44

This report lays out the investment thesis for gold. Silver is mentioned only where necessary, as a separate report of equal scope will be forthcoming on that topic. Various factors lead me to conclude that gold is one investment that you can park for the next ten or twenty years, confident that it will perform well. Timing and logic for both entering and finally exiting gold as an investment are laid out in the full report.

The punch line is this: Gold (and silver) is not in bubble territory, and its largest gains remain yet to be realized; especially if current monetary, fiscal, and fundamental supply-and-demand trends remain in play.

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Categories: Economics

Using Gold to Protect Yourself In Advance of the Greatest Wealth Transfer of Our Lifetime

Chris Martenson - April 4, 2014 - 06:44
Executive Summary
  • The case for gold's manipulated price, and how that can be used to work to your advantage
  • Calculating the "floor" beneath which gold will likely not fall
  • The coming Great Wealth Transfer, which almost certainly will occur in our lifetime
  • How much to invest in gold
  • How to invest in gold
  • Exit strategies: when will it make sense to sell your holdings? And what should you exchange them for?

If you have not yet read The Screaming Fundamentals For Owning Gold, available free to all readers, please click here to read it first.

Market Manipulation

Before we can address the idea of storing some of your wealth in gold (and/or silver) we have to visit the topic of market manipulation. As many of you are aware this is an area of exceptional controversy, although I am not entirely sure why given the distressing laundry list of recently proven, and often grotesquely brazen, market manipulations performed by big banks in many other market areas.

Big banks have been proven or alleged to have manipulated energy markets, LIBOR, currency markets, the global oil market, and aluminum, among other things and all of these transgressions happened after they got caught engaging in forgery and fraud during the mortgage swindles of 2005 to 2007.

On one side of the manipulation debate, we might place the Gold Anti-Trust Action (GATA) organization alleging constant official manipulation to suppress the price of both gold and silver, and on the other we might place Jeff Christian, managing director of the metals research firm CPM, whose position is that all price movements can be explained by ordinary market forces.

I happen to be somewhere in between those views as I think both legitimate and illegitimate forces are part of the landscape. But I am heavily tilted towards market manipulation as the explanation for why gold (and silver) tend to move downwards violently from time to time and why the prices for each are not higher than they currently are.

The SEC has a clear definition of market manipulation and I’ve reproduced it here but swapped out the words ‘security’ and ‘stock’ with ‘gold’ to make it that much clearer:

Manipulation

Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for gold. Manipulation can involve a number of techniques to affect the supply of, or demand for, gold. They include: spreading false or misleading information about gold; improperly limiting [or expanding] the supply of gold; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for gold. Those who engage in manipulation are subject to various civil and criminal sanctions.

(Source)

I also added the two words "or expanding" because that condition also applies to commodities. 

How likely is it that some firms have been trading in gold in such a way as to create a false, rigged, or deceptive picture of gold (and silver) prices?  It’s all but proven in a court of law, but don't hold your breath waiting for that final proof, as the US court system has vigorously defended banks from such lawsuits for decades. 

I also happen to believe that gold is officially suppressed in price because it's what I would do if I were at the helm of the Fed and cared only for bolstering confidence in the dollar specifically, and fiat currencies generally, making the stock market a more attractive alternative, and also lending credence to political and monetary decisions (for the record, I am merely placing myself in the mind of the enemy here). Given that set of mandates, I would order up some hefty gold suppression because gold has a very bad habit of casting a bright light on rotten monetary and fiscal policy. 

Suppressing the price of gold just makes so much sense that I would consider it a form of derelict strategic weakness if the Fed et al. were not doing it.

One of the more important times to suppress the price of gold would be when...

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Categories: Economics

How To Make A PVC Pump!

Chris Martenson - April 3, 2014 - 14:50
Categories: Economics

Growing and Using Comfrey

Chris Martenson - April 3, 2014 - 10:56

A great summary of why you should plant comfrey in your garden this season and learn to apply its many uses around the home.

http://preparednessmama.com/growing-and-using-comfrey/

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Categories: Economics