Seize the Opportunity in Gold: http://BrazilResources.com
GUEST: http://PeakProsperity.com - Full Transcript here: http://fmtblog.com/?p=11125
FutureMoneyTrends.com: Thank you for joining us at FutureMoneyTrends.com, I'm here with Chris Martenson. You may have seen his work with The Crash Course or read his book The Crash Course as well. My first contact with him, it was about in 2008. I've been listening to his stuff, he went on to start a website, Peak Prosperity. When I hear peak prosperity, sir thank you for joining us,
Chris Martenson: Thank you for having me.
FutureMoneyTrends.com: Peak prosperity, it sounds a little depressing. So what is the overall objective of your website peak prosperity, because people can become free members and paid members. What is your ultimate objective through that site?
Chris Martenson: The ultimate objective is we're trying to create a world worth inheriting. We truly believe that there are extraordinary changes coming, that we're at a key turning point not just in U.S. history but in human history. And the idea behind peak prosperity is that there always ways to be prosperous, but we have to make sure we have the right story, the right narrative, in play. And so a lot of our work is really around educating people, is providing context. We have a significant piece of work on there called 'The Crash Course' which you mentioned is really a full tour through the economy, energy, the environment, would be key context that people need to understand where we are in this story. If you get to the same conclusion-ary points that we arrive at when we come through this material, you understand that the next twenty years are going to be completely unlike the last twenty years. Now, that's important if your financial adviser is telling you "do what worked in the past." We don't think that's going to work so well in the future, in fact we believe the whole idea of investment needs to be broadened out to include investment in yourself, in your physical health, in your household, in things where we can identify solid, tangible returns and that's better than anything wall street can offer at this point in time I think. That's our point.
FutureMoneyTrends.com: Most people you know, they're saving for their retirement, they're expecting this 8% return over the long term, but because of some very fundamental changes in our economy and our natural resources, you have advised people to make some changes to their investments. What are those?
Chris Martenson: Well, the main thesis is this, that given what we're seeing happening in both the fiscal and the monetary level in the US, but of course this is happening in Japan and it's happening in Europe, it's happening all over the world at this point in time, that there's going to be another global moment where there's going to be an extraordinary wealth transfer. And it's gonna be a fairly chaotic transition, it might happen over a matter of months, maybe a few years. But when the dust settles people are going to discover that they were either on the wrong side of the line or the right side. And if you were on the right side you have an opportunity to protect your purchasing power, to uh maybe even advance it a little bit, but to live a very reasonable high quality life, we're going to have to make a few adjustments along the way. I truly believe that the living standards that we've enjoyed up to this point in time have been subsidized and fueled by a lot of things, not the least of which has been cheap energy, that's gone. So one of the ideas is we would ask people to invest in and around themselves; around the idea that cheap energy and cheap oil is never coming back. So there's all kinds of decisions you might make around that including how your home is heated, how it's insulated, how close you live to work, how you transport yourself, things like that that we think if you can make an investment today that will reduce your future cash flow for energy costs than you are in a position to...that's an investment. Normally we think of an investment that puts X in, and I get X plus Y in the future. But if you can put X in, and have to pay X minus Y in the future going forward, that's an investment just as well. So that's just one small example but we think that the implications of this story literally touch on every facet of life going forward.