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Peak Prosperity

Why Own Anything but Stocks?

Peak Prosperity

Chris Martenson

Government, Investing, Business

4.7591 Ratings

🗓️ 22 March 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

Do you find it tough to make financial decisions these days? You’re not alone…

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, everybody. Chris Martinson here, and today we're going to be talking about finance

0:03.9

and economics as part of finance you. Remember, anything that you see in this video and all

0:10.2

resources available at our websites or affiliated websites are not intended as or construed us financial

0:15.8

advice. This is for educational purposes. Remember, if you have a financial decision, please

0:20.7

consult a financial

0:21.7

professional. We are not attorneys. We're not CPAs. We are not financial managers. As well,

0:27.9

we do our best to be accurate, and everything we represent is as accurate as we know it to be.

0:32.4

Now, let's turn to our program. I think this is just simply hurt psychology, you know, desperation and a lot of gambling on the

0:43.1

parts of a lot of market participants.

0:45.9

And an unknown gambling on the large majority of market participants that have just been

0:51.6

caught, throw it in an unmanaged passive index and

0:54.2

write it.

1:06.6

Hello, everyone, Chris Martinson here of Peak Prosperity with another edition of Finance

1:11.4

you and back with Paul Kiker. Hey, Paul. How are you today? Hi, Chris. I'm doing great. Good to see you.

1:18.3

I am, I'm really excited for this talk. It's so much going on. But before we really get started

1:23.2

with like the data and stuff like that, Paul, you want to know this is the most, this is a very

1:29.3

typical conversation I'm having now. So in my business, I talk to people all the time, all different

1:34.0

strata. There's no real rhyme or reason to it. Everybody's sort of awake, I guess, so maybe a little

1:39.7

selection bias. But here's a call, very typical. Chris, I'm pretty sure something bad is coming. And I don't know what it is. Or Chris, I think something's coming, but my wife, who I really trust, who's more intuitive than I am, is yelling at me that we got to start getting more prepared. So it's this vibe. I don't know what to do with it. I'm just offering it out there. I know you talk to a lot of people as well. I just wanted to bounce that off you. See if you having conversations like that, too.

2:06.5

No, actually, I'm having a lot of conversations that way, not only on a national level, but even on a

2:12.1

local level. So, you know, one of the things that the unbelievably intelligent followers that you have through

2:19.1

peak prosperity, like, I mean, I mean that seriously.

...

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