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Page added on April 21, 2013
What’s Happening With Chris Martenson?
I admire Chris Martenson and subscribe to his service, Peak Prosperity. By looking at the empirical data, the guy became convinced that Peak Oil was real and significant and took action. He published his “Crash Course” and quit his lucrative day-job to spread his thinking.
I particularly admire his synthesis of two ideas:
- The fractional reserve financial system will collapse without continued economic growth.
- Peak Oil renders continued economic growth quite unlikely.
- THEREFORE, “Life as we know it will change.”.
Now here’s what I find interesting. Look at what he’s been writing lately:
The guy has bought the Gold Antitrust Action Committee (GATA) thesis that “THEY” are manipulating the price of gold. The guy has mostly been writing about the financial system lately. The guy has always said that he’d follow the data where it led and this is where he is.
What does this mean? Well there are a bunch of possibilities, but I think it means:
- The data supporting gold manipulation is strong.
- Peak oil is showing up in the sharp reduction or absence of world economic growth and so that’s what he’s writing about.
- The financial system is really having trouble coping with that change and is resorting to all kinds of manipulations to keep itself from collapsing.
MontyHigh, www.worldofwallstreet.us
11 Comments on "What’s Happening With Chris Martenson?"
J-Gav on Sun, 21st Apr 2013 9:08 pm
I’ve read most of what’s not “premium” (ie pay to play) material from Martenson over the years and he’s worth the attention. And he’s absolutely right that “life as we know it will change.” From there to go on and give investment advice is not really my thing … other than farmland and things that hurt when you drop ’em on your foot.
Don35 on Mon, 22nd Apr 2013 12:13 am
I am a CM fan, but not a paid subscriber. I like his approach. Not religious, not political, doesn’t seem to be selling much of anything; just an opinion based on his view of the data and how these things have played out historically. An approach I respect. Check out the site. My fav two crash sites are this one and PP.
BillT on Mon, 22nd Apr 2013 12:50 am
One of my regular reads. He seems to have his hand and mind on the obvious future and it is not BAU.
Plantagenet on Mon, 22nd Apr 2013 3:39 am
Sounds to me like CM didn’t diversify his portfolio and now that gold is crashing he is losing buckets of money.
MrEnergyCzar on Mon, 22nd Apr 2013 3:49 am
I saw him speak and was fortunate to speak to him privately. Yes, I think he’s big on all metals, he told we to buy copper…
MrEnergyCzar
Pierre on Mon, 22nd Apr 2013 5:58 am
I used to have doubts about this “gold manipulation” scheme. But since the gold market crash of 2 weeks ago, I have no doubt anymore. Somebody is manipulating those prices to the downside.
mike on Mon, 22nd Apr 2013 7:36 am
Things don’t go up or down in straight lines. So gold is crashing? big deal, it’s a long term investment, by this time next year it could be 3 times as high as its peak. There is only so much you can write about peak oil when you have a subscription user base, as such he writes about nearly all aspects of the economic collapse brought about by peak oil. I’m not sure I get the meaning of the ‘what’s up with chris martenson” title
GregT on Mon, 22nd Apr 2013 3:24 pm
Plantagenet,
CM has always advocated a diversified portfolio, and recommended 10 percent of investments in physical precious metals. I listened to Chris when he first released “The Crash Course” and invested in Gold and Silver. Both have done considerably better than the rest of my investments, even after the market smack down of last week.
Gold is not crashing, paper certificates with the word “gold” on them are being manipulated to make fiat currencies look better, and to force week hands out of the market. Physical gold is being bought up at bargain prices by central banks, sovereign nations, and savvy investors, world wide.
Ed on Mon, 22nd Apr 2013 6:54 pm
I’m a CM fan. My read of the situation (for what its worth)is that he has pushed gold to his readership, gold prices have gone down this year while stocks have gone up and he’s under pressure. I feel for him. So Chris, if you read this, keep the faith. You will be proved right in the end. Today for example there was massive buying of physical gold in Asia and the gold prices went up over 2%. The Crash Course sits pride of place on my bookshelf.
jj on Sat, 25th Mar 2017 9:47 am
claimed we were in peak oil, now we’re drowning in it.
claimed gold would go through the roof, it’s 1/2 what it was a few years.
Tells some pretty good stories those and has nice graphs.
Davy on Sat, 25th Mar 2017 10:57 am
What is peak oil? No, not the MSM peak oil. Even MKH peak oil was from a different time. Drowning in oil indicates demand destruction in my book. Putting a price on gold in our repressed and manipulated global finance is not valid either. This is a multidimensional systematic and human nature creation. Try to simplify it and all you get is contradictions. One thing is certain normal is not normal. There are new forces at work. These forces are discussed here at length. The best we can do is wade trhough the contradictions.