Guest Post: "The Accelerated Crash Course", from Peak Prosperity

Tue, Jun 24, 2014 - 1:35pm

Seven years ago, Chris Martenson burst onto the scene with a set of warnings and advisories he called "The Crash Course". Along with his team at Peak Prosperity, they are updating and re-releasing the material for the years ahead. You've often heard me say that "tomorrow won't be like yesterday". In this series, Chris and Company take that idea quite a bit further.

"Why The Next 20 Years Will Be Completely Unlike The Last 20",

by Chris Martenson and Adam Taggart

Let's pull back for a moment and look at the Really Big Picture:

We're facing a future in which the economic growth the world has enjoyed over the past century can no longer continue.

Over-indebtedness, mal-investment, cronyism, manipulation, and misguided policymaking have all certainly contributed to our current predicament. But the principal causes are much bigger. And much harder to address.

Simply put, we're entering an era when it's becoming increasingly difficult to obtain the resources we need -- at the cost we need -- to power the economic activity we need.

The trends of resource depletion, escalating mining & drilling costs, species die-offs, emptying aquifers, declining energy yields and the like are increasingly pitting the world's 7 billion people (soon to be 9 billion before 2050) against each other in competition for the remaining biomass and minerals that make industry possible.

As a result, massive changes to our way of life are in store. No matter where each of us lives.

This brand-new video shines a bright light on these trends and the risks we face as a result. But it also offers hope. If we take action now, while there's still time, there's much we can do not only to reduce our personal vulnerability to these threats, but also to step into this new future with newfound optimism:

The above video is a condensation of the 4.5-hour long full Crash Course video series. The data and analysis underlying the material represent over a decade of intensive research and study. Over that decade, its forecasts have proved increasingly validated by events like the collapse of the housing bubble in 2007, the 2008 credit crisis and the anemic 'recovery' since, oil prices persistently over $100 per barrel, the five-fold rise in gold prices, and many other symptoms of an unsustainable world economy reaching its failure point. Sadly, the risks warned of in this video are very real, and they are arriving now.

Once you've finished watching the video, please share it with those whom you think would most benefit from it. The more people we wake up to its message, the more hands we'll have supporting us today in planning for tomorrow.

With thanks,

Chris Martenson PhD & Adam Taggart

About the Author

turd [at] tfmetalsreport [dot] com ()


· Jun 24, 2014 - 1:38pm

The Cereal Man

I wonder if somewhere, in a basement far, far away, the CerealMan is scheming a way to pester and stalk Chris until he figures out how, from where and in what subject Chris received his PhD...

lakedweller2 · Jun 24, 2014 - 1:46pm



Grublux · Jun 24, 2014 - 2:02pm


That's all. Sweet...

Occasnltrvlr · Jun 24, 2014 - 2:13pm

Turd, I Had Forgotten...

...All about that - thanks for the humorous reminderlaugh!

Dagney Taggart · Jun 24, 2014 - 2:19pm


ag1969 · Jun 24, 2014 - 2:39pm


Yeah I wonder... That is freakin hilarious!! LMAO

Edit: And might I add, that the outcome of that query has a tremendous impact on whether or not there is manipulation. Forward!

SquibLoad · Jun 24, 2014 - 2:43pm

Re: CerealMan

Don't look back Turd. Once a well considered decision is made, follow through without ever looking back.

SS121 · Jun 24, 2014 - 3:38pm

Ponzis, scams, hoaxes etc, all end the same way.

NOT because of glitches or failings in their inner-workings, but at the unveiling of their true nature.

The privately owned "silver chart", fed by data from "NOBODY knows exactly where", directly controls the price of every physical Silver transaction on planet Earth. Gold chart, same thing.

tmosley · Jun 24, 2014 - 3:59pm

Malthusian thinking has

Malthusian thinking has always, and will always paint an incorrect picture of the future.

Sorry Chris, the world won't be ending because of peak oil or peak anything else, except maybe peak government misappropriation of the economy.

Get the government out of the way, and we will have practically unlimited power in less than a decade from thorium.

Thorium: An energy solution - THORIUM REMIX 2011
cliff 567 · Jun 24, 2014 - 4:21pm

If aught else listen to the 12 - 48 min section.

Great video for the mechanically minded. thanks Turd.

Spartacus Rex · Jun 24, 2014 - 5:23pm

@ Turd - Cereal Man

Magic Flake is residing in Dan Norcini's basement as evidenced by his posts and comments about TFMR therein.

Puckered Rectum avatar seems to be posting frequently there as well.

Cheers, S. Rex

Wizard · Jun 24, 2014 - 5:42pm

Very Cool App

Holy Crap this gives me hope for the next generation. A 16 year old came up with this

And here is the 16-year-old programmer's credo:

It is my hope that providing increased transparency around the amount and source of funding of our elected representatives may play a small role in educating citizens and promoting change. If you use the extension when reading about a Congressional vote on energy policy, for example, maybe you’ll discover that a sponsor of a bill has received hundreds of thousands of dollars from the oil and gas industry. Or maybe you'll learn that the top donors to a member of Congress who opposes tort reform are lawyers and law firms. I use data from the last full election cycle (generally 2011-12 for Representatives and 2007-12 for Senators) and plan to update it as more relevant data becomes available. Special thanks to for providing access to that data.

tyberious · Jun 24, 2014 - 5:56pm

Now Nigeria

Central Banks in Other Countries to Require Biometrics to Bank / Melissa Melton / June 24th, 2014

You think the big brother surveillance state is getting creepy here in America, check out what central banks are doing in other countries.

Via All Africa:

In line with the ongoing initiative of the Central Bank of Nigeria (CBN) and the Bankers’ Committee (comprising Chief Executives of the nation’s deposit money banks), banks across the country are to begin capturing of customer biometric data as part of Bank Verification Numbers (BVN).

The rollout of the BVN solution for the identification and verification of bank customers is expected to begin in 1,000 selected bank branches across Lagos, as a prelude to a nationwide rollout.

This is in alignment with the phased approach adopted in executing the three-tiered Know-Your-Customer (KYC) and cashless policy of the CBN.

That’s right. In addition to the Central Bank of Nigeria’s new cashless policy — which aims at “reducing” the amount of paper money and coins circulating in the economy and encouraging more electronic transactions by adding a ‘cash handling charge’ — a new biometric program will require customers to sign up for a Bank Verification Number and present themselves at any branch for fingerprinting (all 10 fingers), facial image capture, and more.


Coming soon...

Spartacus Rex · Jun 24, 2014 - 6:28pm

What a perfect place for him

And they think this place is a circle jerk. HAH!

sierra skier · Jun 24, 2014 - 7:06pm

The CBN wants all of thei?

All of my offers from the folks who want me to collect their millions by helping them out seem to transact through the CBN. I'm still waiting on my check and I wonder if this will cause any more delay.

OTOH this is one more step towards more complete financial control.

Thanks Turd for all you offer and do.

Keg · Jun 24, 2014 - 8:23pm

Get the government out of the way

Tmosley never have I seen a truer statement at TFMR. Get the government out of our way and the people will figure out solutions. 

I used to follow Martenson on twitter and read a lot at his site. But I grew tired of the liberal and pro AGW bent of his site. Guess I should have expected that since he is a Duke grad. Two of the brightest students I graduated with from my high school went to Duke. Yes, they did well in class but they had no common sense.

Much of the "peak" crap has been around forever. My first exposure was "The Population Bomb" by Paul Ehrlich. According to him 80% of us should be dead. Then I remember throughout the 70's hearing how were were at peak oil. I could go on.

I agree with Martenson about the enjoyment of living what he calls a sustainable lifestyle. Yesterday I had the first zucchini from the the garden. Tasty and satisfying to eat from your own garden. But last year when I looked into one of Martenson's seminars, it was held in a resort that was $300 a night. I think you define his group as a yuppie prepper group.

Martenson is a bright guy. But I think the major problem with any of Martenson's analysis is that he fails to understand complex systems. When things change, people react and his geometric charts are no longer valid. Without government intervention, people find solutions. 

So It Goes · Jun 24, 2014 - 8:24pm

Here is my current thinking

I needed to check in for a reality check. Please let me know if I am off course.

Seeing into the future is always difficult, but currently it is even harder than ever. Governments are losing control of events. New world powers are emerging and making alliances that challenge the current existing world order. There are so many variables of unknown potential right now. The world feels to me like billiard balls are moving in slow motion just after the break. I am hoping some rational minds come to the fore and end the current madness before a giant self-destruct button is pressed.

The bad policies of the Federal Reserve are at the heart of it all. Too much free money has caused mis-allocation of capital which consequently caused unsustainable, bad type of economic growth. When debts become unsustainable, the house of cards collapses.

Feedback welcome - So it goes

DayStar · Jun 24, 2014 - 8:49pm

Harvey's Up! (TFMR)

Harvey's Up!

  • GoldCore: Gold is 6% higher so far in June and is set for the first back-to-back quarterly gain since 2011, partly as violence in Iraq and tension in Ukraine spurred demand for a haven. Technically, gold looks positive and is trading above key moving averages again and appears to have broken out. A close above $1,400/oz will be very bullish and embolden the bulls to re-enter the market.
  • Bill Holter: TASS announced on Friday that Russian foreign minister Sergei Lavrov would meet with Saud al Faisel, the Saudi's foreign minister. Russia and Saudi Arabia have had opposing views on Syria. Saudi Arabia would like to see the Assad government fall so that a pipeline could be constructed and the Russians if you recall supported Mr. Assad back in the fall when president Obama was about to unilaterally bomb them. I believe that Russia and Saudi Arabia are also on separate sides when it comes to what is happening in Iraq. Mr. Putin has publicly pledged support of Iraq's leader Mr. Maliki while ISIS are Sunnis with the support of the Saudis. This part we know about, the talks on "energy" in my opinion are the most interesting part. I believe that China knows that the dollar will lose reserve status one way or another, with or without Saudi Arabia being the one who pulls the plug. I think that the Chinese want this to happen cleanly and without bickering between two of their partners, Russia and the Saudis.
  • Simon Black via Sovereign Man blog: I have several Ukrainian employees with family still in the country; they’re telling me how their loved ones are now finally starting to look at their options to get out of dodge. You know the outlook isn’t so great right now because Ukraine’s Vice Premier Minister is telling people that they can survive the -winter- (still months away) without Russian gas imports. A few key lessons I wanted to pull out of this: 1. Politicians always lie. They will tell you that your nation is stronger than it really is, that your country is prepared for whatever may come, that your benefits will never be cut, etc. 2. A nation in crisis affects just about everything. It’s not just about numbers and data, or even Molotov cocktails. It’s hot water and toilet paper. It’s food on the shelves. It’s the stuff we all take for granted that suddenly doesn’t function anymore. 3. Even though the obvious warning signs are there, most people wait until it’s too late (or at least suboptimal) before considering their options. 
  • Zero Hedge: Eyeballing the UBS global growth surprise index and Brent oil prices suggests that whenever oil prices have breached USD115 in recent years, global growth has typically taken a turn for the worse. Simulations on the Oxford Economic Forecasting (OEF) econometric model suggest that an increase of USD 10 in the price of a barrel of oil—driven by supply shocks—will shave around 0.2 to 0.3 percentage points from global growth. Every USD10 per barrel increase in the price of oil typically transfers around 0.5% of global GDP from oil consumers to oil producers. The model assumes—correctly in our view—that the propensity to spend additional income in the oil-producing complex is lower than it is in the oil-consuming complex. 
  • Tyler Durden: Currently, about one in five Americans (22%) say the economy is excellent or good, while 34% say it is poor, but Americans continue to be less optimistic about the economy's future. Thirty-eight percent say the economy is getting better, while 58% say it is getting worse. Americans may not have shifted much in their perceptions of the economy's current status, but over the past month, they have become more negative about the economy's future. There were differences between the government reported data and Gallup. Aside from the fact that the gains in confidence were all in the Pacific (as Mountain and Central regions tumbled) and all among the older, wealthier American while the Under-35s plunged... and Gallup appears to represent that reality a little better than the apparently manufactured government data.

All this and more on...

The Harvey Report! smiley


ag1969 · Jun 24, 2014 - 9:54pm

This should probably be in DOTS...

...but I find it amazing and normal at the same time... and what the heck, it seems to be a slow day anyway.

Obama cites Israeli Supreme Court to justify killing Americans without trial

(Ismael Mohamad / United Press International)

Obama cites Israeli Supreme Court to justify killing Americans without trial

Submitted by Rania Khalek on Tue, 06/24/2014 - 02:52


Obama’s extrajudicial assassinations of US citizens justified by Israeli precedent. (Pete Souza / White House Photo)

Almost three years have passed since the United States government extrajudicially murdered American citizen Anwar al-Awlaki with a drone strike in Yemen. Al-Awlaki, although described by the government as a “terrorist” mastermind, had never been charged with any crime.

The Obama adminstration refused to disclose the legal reasoning behind the killing. But thanks to Freedom Information Act lawsuits by The New York Times and the American Civil Liberties Union (ACLU), a redacted version of the Department of Justice memo which outlines the Obama administration’s rationale for killing American citizens abroad without trial is now public

Authored by David Barron — former chief of the Justice Department’s Office of Legal Counsel, who has since been appointed by Obama to a federal judgeship — the 41-page document seeks to legitimize so-called targeted killings, a practice Obama’s predecessor, George W. Bush, vigorously condemned Israel for using against Palestinians during the second intifada. 

Shout out to Israel

This makes it all the more ironic that the Obama administration’s kill memo cites an Israeli Supreme Court decision to justify al-Awlaki’s summary execution. 

On page 40, the kill memo — using an alternative transliteration for al-Awlaki’s name — states:

In addition to the nature of the threat posed by al-Aulaqi’s activities, both agencies here have represented that they intend to capture rather than target al-Aulaqi if feasible; yet we also understand that an operation by either agency to capture al-Aulaqi in Yemen would be infeasible at this time.

Below that, the memo cites Public Committee Against Torture in Israel (PCATI) v. Government of Israel, a 2006 Israeli Supreme Court decision that ruled that the targeted assassinations of hundreds of Palestinians since the start of the second intifada were legal and did not violate international law. The memo provides this as the basis for determining the infeasibility of al-Awlaki’s capture, with the following explanation in parentheses:

although arrest, investigation and trial “might actually be particularly practical under the conditions of belligerent occupation, in which the army controls the area in which the operation takes place,” such alternatives “are not means which can always be used,” either because they are impossible or because they involve a great risk to the lives of soldiers.

Fred Hayek · Jun 24, 2014 - 10:55pm

@ag1969 . . and this is the guy who supposedly taught

This is the guy who supposedly taught constitutional law. 

Try to imagine a scene from the movie, The Paper Chase. Professor Kingsfield (John Houseman) calls on seldom present, almost never seen on campus student Barry Obama. 

Kingsfield: Mis-ter . . Obama

Obama (startled): Y-yes professor?

Kingsfield (after a sigh): What is the constitutional status of a law, one part of which would purport to allow the executive branch and its titular head, the president, to detain indefinitely without trial american citizens accused of capital crimes?

Obama(confidently): Well, if I was president, everybody would know that I wouldn't do anything uncool like that. I'd only do the stuff in it that was okay. So I would sign it and that would be totally constitutional.

(snickers around the room only dissipate with a realization of the angry contempt of Kingsfield's glare at Obama)

Kingsfield: Mr. Obama. Come here.

(At first Obama looks around the room. Seriously? He . . wants me to approach his desk. Finally he gets up slowly and makes his way to the professor's desk at the center front of the semicircular room)

Kingsfield (holding out a quarter between his thumb and index finger): Take this and call your mother. Tell her you're not cut out to be a lawyer. You don't have the mental wherewithal. 

tyberious · Jun 25, 2014 - 1:22am

We have been warned

Speaking of Homegrown Terrorists: Tricky Dick Cheney Predicts a “massive attack on the homeland” - See more at:

Andreas van de Kamp · Jun 25, 2014 - 9:29am

Net energy shale oil/gas and the end game

I think, that the net energy model is right on the money. This is what I wrote on my german language/(sometimes d/english) blog:

Shale might not be a solution for Europe, but they can and will pull if off elsewhere. If they can create additional flows in the US (as they do), they can do it in Latin America and Russia as well. Shale still could be better than a lot of renewables net energy wise. So maybe this could provide some additional time (at increasingly high costs).

TPTB and central banks probably are fully informed about the global energy situation and they very likely have a plan on it and work together. But I do not have the slightest idea what this plan looks like. Do you?

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