Kerry Lutz's--Financial Survival Network: Recent Episodes
Kerry Lutz
The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. It's all about what's next!
Kerry Lutz and Gary Brode discussed strategies for optimizing office space for rental income, with Kerry estimating potential earnings of $12,000 to $13,000 monthly during peak seasons. They explored the idea of collaborating on a book focused on real estate strategies, emphasizing the importance of finding quality tenants. Kerry suggested a concise format for their discussions.
Gary shared his experiences transitioning to a more flexible lifestyle in Connecticut, highlighting the benefits of renting out his home to a reliable family. He noted the ease of the rental process, facilitated by his real estate agent, and expressed a willingness to extend the lease if both parties were satisfied.
The conversation also touched on the financial aspects of real estate investments, with Gary detailing his approach to analyzing rental properties, including accounting for various expenses. He shared insights on how having tenants cover costs can alleviate financial burdens, allowing for a more comfortable lifestyle. Additionally, Gary discussed the advantages of remote work, noting increased creativity and productivity while traveling.
Find Gary here: https://deepknowledgeinvesting.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry's New BookThe World According to Martin Armstrong – Conversations with the Master Forecaster, is now a #1 Best Seller on Amazon. Get your copy here: https://amzn.to/4kuC5p5
We caught up with Shawn Khunkhun, CEO of Dolly Varden Silver Corp (🇺🇸 DVS - 🇨🇦 DV) — the rare “silver unicorn” rewriting the rules of silver exploration in North America.
While most of the world’s silver comes as a byproduct from mega-mines in Mexico and Peru, Dolly Varden’s British Columbia project is a high-grade, primary silver mine in a top-tier jurisdiction — making it one of the few pure silver plays left standing. Shawn breaks down how his team has defied brutal junior mining conditions to:
✅ Secure an NYSE American uplisting — joining an elite club of only ~10 pure silver equities.
✅ Complete three strategic acquisitions with minimal dilution — growing the land package from 15,000 hectares to over 100,000 hectares in just months.
✅ Launch an aggressive 35,000-meter drill program, already underway with four rigs turning — with eyes on adding another 20,000 meters if the data supports it.
✅ Lock in an oversubscribed $28.75 million financing at the highest share price in company history — doubling the treasury and avoiding a dreaded down round.
We also dug deep into why the big silver and gold producers are getting rewarded — but advanced juniors like Dolly Varden remain undervalued… for now.
With historic high-grade past producers now consolidated under one roof, supportive major shareholders like Hecla and Eric Sprott, and multiple catalysts on deck, Dolly Varden is positioned to break out as silver approaches historic levels. 👉
Don’t miss Shawn’s forecast for drill results hitting before the Rick Rule Symposium in Boca Raton — and why this cycle might turn silver stocks into the tech stocks of tomorrow.
📈 Ticker Symbols: 🇺🇸 DVS (OTC) 🇨🇦 DV (TSXV)
👉 Visit: https://dollyvardensilver.com 🔔 Subscribe & stay informed on major milestones, upcoming drill campaigns, and silver market trends.
#silverstocks #DollyVardenSilver #Gold #MiningStocks #FinancialSurvivalNetwork #KerryLutz #ResourceInvesting
**Disclaimer This interview is sponsored by Dolly Varden Silver, and Financial Survival Network has received payment to conduct this interview of thirty-one hundred and fifty dollars. The information provided in this video is intended for informational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. While we strive to ensure the accuracy of the information presented, we make no guarantees or representations as to its completeness, accuracy, or reliability. Viewers are strongly advised to conduct their own research, carefully review the information presented, and consult with professional investment advisors and financial counselors before making any investment decisions. The insights shared in this video are based on the perspectives and opinions of the interview participants and should be used at your own risk. Investing involves risk, including the potential loss of principal, and past performance is no guarantee of future results.
In this episode, Kerry Lutz and Martin Armstrong discuss the success of their book The World According to Martin Armstrong, which has sold over 1,800 copies through strong YouTube and email promotions. Armstrong highlights his accurate market forecasts, including a predicted Dow 45,000 by December 2024. They address online troll attacks but remain focused on their work.
Armstrong explains how extreme market sentiments cause rapid reversals and poor investment choices, criticizes politicians’ misunderstandings, and introduces his global market watch system tracking human-driven patterns. On geopolitics, he supports Ukraine’s people but condemns neoconservative and Western roles worsening the conflict, emphasizing the heavy casualties and historic tensions in Donbass.
Turning to the Middle East, Armstrong analyzes U.S. involvement, Israel’s military stance, and Iran’s nuclear threat, warning of escalating risks and linking past government manipulations to current crises. He foresees growing unrest rooted in deep historical conflicts.
Finally, they predict a rise in precious metals like gold and silver—silver potentially surpassing $50—highlighting their importance as hedges amid global instability.
Find Martin here: https://www.armstrongeconomics.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
BUY THE BOOK — The World According to Martin Armstrong: Conversations with the Master Forecaster — https://amzn.to/3F615nt
Kerry Lutz and Byron King analyze silver’s climb past $35 an ounce—its highest level in over a decade. Byron attributes the surge to gold’s strong performance, rising industrial demand, and major government stockpiling from China, India, and Russia. He also highlights growing institutional interest, pointing to a long-term bullish outlook and urging investors to consider silver shares.
They discuss how falling diesel prices are improving mining margins despite rising labor and material costs, though drill rig shortages persist. Byron stresses patience and sector focus in precious metals, noting that price dips often present buying opportunities. The conversation also covers increased defense spending tied to the Ukraine-Russia war and the need to rebuild U.S. shipbuilding.
Find Byron here: https://paradigmpressgroup.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry's New Book "The World According to Martin Armstrong" is now a #1 Best Seller on Amazon. Over 1,600 copies sold. Order it here: https://amzn.to/4kuC5p5
Kerry Lutz welcomes Bob Hoye for a deep dive into the shift from a massive financial bubble toward a possible global depression. They explore gold’s rising real price and the strength of the gold mining sector, especially junior miners like Kosigo Resources, which is gaining traction ahead of its Colombia drilling. Bob draws historical parallels to past crises and examines how a strong U.S. dollar strains global debt. The conversation also touches on Bitcoin's potential role in managing U.S. debt, seasonal market patterns, and the growing need for a global debt reset.
Find Bob's Charts here: https://chartsandmarkets.com/junior-golds
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry's New Book "The World According to Martin Armstrong" is now a #1 Best Seller on Amazon. Over 1,600 copies sold in the first two weeks—no discounts, just raw truth. Order it here: https://amzn.to/4kuC5p5
In this episode, we break down the real-world clash between Elon Musk and Donald Trump — and why it was all predicted. The AI knows. TrumpGPT knows. Don’t miss the latest from Johnny Depth’s red-pill dispatches from the simulation we call reality.
Watch the matrix bend in real-time.
As discussed at the 2024 Martin Armstrong Conference.
The resistance Trump faces? Foreseen. The patterns? Modeled.
When AI sees the battlefield before it unfolds… TrumpGPT becomes prophecy.
Read the full Substack article here: https://bit.ly/4kODWFk
Subscribe to Financial Survival Network Substack https://khlfsn.substack.com
Get the book everyone's talking about — The World According to Martin Armstrong Now on Amazon: 👉https://bit.ly/3TbBhcX
Kerry Lutz talks with Richard Wilson about the evolving role of family offices in managing ultra-wealthy portfolios. They explore how these offices offer strategic planning, tax advantages, and personalized investment strategies—often focusing on industries where the wealth originated, plus real estate and public markets. The conversation shifts to AI’s growing impact on finance, investing, and legal services, including concerns over white-collar job displacement. Richard also highlights family offices’ cautious interest in crypto and emerging tech like robotics, and the critical need for personal relationships in a tech-driven world.
Find Richard here: https://familyoffices.com
Find Kerry here: http://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry's New Book "The World According to Martin Armstrong" is now a #1 Best Seller on Amazon. Over 1,500 copies sold in the first week—no discounts, just raw truth. Order it here: https://amzn.to/4kuC5p5
America’s economy stands at a pivotal moment. Kerry Lutz and Edward Siddell analyze today’s financial crossroads—breaking down soft interest rates, inflation uncertainty, and what could trigger the next big move in the markets. Edward warns of a potential slowdown unless rates drop further and questions the University of Michigan’s 6.5% inflation forecast, pointing to energy prices and tariffs as key influences.
They explore the global impact of tariffs—especially on China—and the shift in supply chains, with Kerry backing Trump’s trade strategy and introducing “Trump GPT,” a new AI tool to optimize deals. Both call out Congress’s inaction on budget cuts and stress the need for tax reforms and the reconciliation bill to avoid recession.
Despite current caution from JP Morgan and Walmart, Edward remains optimistic—forecasting a 20% market surge by June 2026 if action is taken. The conversation wraps with a look ahead and an invitation to stay connected through Kerry’s platforms for deeper financial insights.
Find Ed here: https://EGSIFinancial.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry's New Book "The World According to Martin Armstrong" is now a #1 Best Seller on Amazon. Over 1,500 copies sold—no discounts, just raw truth. Order it here: https://amzn.to/4kuC5p5
Kerry Lutz sits down with early Bitcoin adopter and crypto strategist Trace Mayer, who reveals why he bought Bitcoin at the very beginning—and never sold. But this episode goes far beyond personal conviction. Mayer exposes a growing trend: nearly 50% of Republican political donations are now happening through crypto. It’s not just about money—it’s about freedom from financial gatekeepers, regulatory overreach, and legacy donor systems. Discover how the GOP is using blockchain to fuel a decentralized political machine, while Democrats remain stuck in the fiat past. This is the intersection of Web3 and political warfare—and it’s already underway.
Find Trace here: http://www.trace.com or here: https://www.bitcoin.kn
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry's New Book "The World According to Martin Armstrong" is now available on Amazon. Over 1,200 copies sold—no discounts, just raw truth. Order it here: https://amzn.to/4kuC5p5
Kerry Lutz and Stephen Scoggins dive into how personal growth fuels business success. From overcoming homelessness to leading with purpose, Stephen shares how defeating negative self-talk and embracing failure as growth can transform your life and business. They explore common struggles faced by entrepreneurs, the power of positive mantras, and the role of authenticity in leadership—plus a self-discovery tool to kickstart your own journey.
Find Stephen here: https://stephenscoggins.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry's New Book "The World According to Martin Armstrong" is now available on Amazon. Over 1,200 copies sold—no discounts, just raw truth. Order it here: https://amzn.to/4kuC5p5
Kerry Lutz and John Rubino dive into the global consequences of rising interest rates, warning that mounting government debt—especially in the U.S., Europe, and Japan—is creating a dangerous financial environment. They examine the recent U.S. credit rating downgrades as potential signs of a shift in market psychology and broader economic instability. The conversation explores how high bond yields impact gold and silver investments, the cyclical nature of market dynamics, and the fragile alliance between China and Russia. They also touch on leadership risks, potential civil unrest, and wrap up with a call for simpler, clearer online terms of service agreements.
Find John here: https://Rubino.Substack.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry's New Book "The World According to Martin Armstrong" is now available on Amazon. Over 1,200 copies sold—no discounts, just raw truth. Order it here: https://amzn.to/4kuC5p5
The discussion focused on U.S.-China trade relations, highlighting the complexities of tariffs and the challenges in reaching a trade deal. Spencer Morrison expressed skepticism about negotiations, citing China's track record of not adhering to fair trade commitments and its economy's vulnerability to trade shocks. Both he and Kerry Lutz raised concerns about the lack of genuine free trade with China, pointing to issues like government subsidies and intellectual property theft, which they believe harm American businesses.
They criticized traditional trade negotiation methods, suggesting that AI could streamline the process by identifying unfair terms. Morrison also discussed consumer perceptions of low-priced household appliances, arguing that their poor quality often leads to higher long-term costs. Both speakers expressed optimism about the current administration's approach to trade issues and shared insights on their respective books, which address economic and geopolitical themes.
Find Spencer here: https://substack.com/@realspmorrison
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
In this episode, Kerry Lutz and Lobo Tiggre explore the complexities of current market dynamics, expressing skepticism about the overly optimistic view of US-China relations and warning of potential market shocks. They delve into the future of autonomous vehicles, with Lobo recounting his experience with Tesla's self-driving tech and its potential to enhance road safety. The rise of robot taxis, he argues, could drastically reduce the need for personal vehicles and displace driving jobs, raising broader concerns about AI-driven job loss and the possible need for Universal Basic Income. The discussion expands to the rapid evolution of AI, its massive energy demands, and the necessity of nuclear power, while highlighting ethical risks such as increased surveillance and unchecked AI development, particularly from geopolitical rivals like China and Russia. Despite their concerns, both hosts share a cautious optimism, praising the resilience of young tech-savvy individuals and stressing the importance of continued open dialogue.
Find Lobo here: https://independentspeculator.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
As layoffs quietly escalate across major U.S. corporations—Microsoft, UPS, Facebook, Dell, Oracle, Boeing, and more—Robert Ian explores what these job cuts really mean for the broader economy and your financial future. Drawing parallels to the 2008 financial crisis, this episode digs into the unsettling shift from cutting fat to cutting bone in corporate America. Are we heading toward another economic reckoning? What does this mean for you and your family? It’s time to ask the hard questions and prepare for what’s next.
Visit Robert @ https://ConquerChange.com for more insights.
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and David Erfle discuss the current state of the gold and silver markets, with Erfle predicting a 15% correction in gold after its strong 18-month rally. He expects gold to stabilize between $2,700 and $3,000, while silver, showing resilience, may be poised to catch up due to its undervaluation relative to gold. They explore how geopolitical tensions, rising corporate debt, and the shift of China and Japan from buyers to sellers of U.S. debt are fueling uncertainty, ultimately benefiting precious metals. Erfle also highlights increased merger activity in the silver mining sector, such as Pan American’s acquisition of MagSilver, and expresses optimism for junior mining stocks. The conversation wraps up with insights into the U.S. credit situation's impact on Canada and the acceleration of mining projects in British Columbia amid global instability.
Find David here: https://www.juniorminerjunky.com
Find Kerry here:http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
In this shocking interview, Martin Armstrong delivers what may be the most important forecast of his career: Ukraine will disappear. This isn’t a guess. It’s based on decades of data from the Socrates AI forecasting system — and it’s never issued a warning like this before. We also cover: --Why Ukraine is finished, no matter what the West says --Why Europe needs war to stay afloat --How the next economic collapse will ripple from the periphery inward --And what you can do to prepare before the clock runs out Armstrong’s model has never been wrong about direction — and now it’s pointing to something irreversible.
👉 This may be the last time you get the truth before the media spin hits. Get the full picture — and the full archive — in the new book.
Get the Book here:https://bit.ly/4k7fbEr
Find Martin here: https://ArmstrongEconomics.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Lon Welsh dive into real estate investing, emphasizing the long-term mindset that sets it apart from markets like crypto and stocks. Welsh explains why today’s market is stronger than in 2008, with homeowners holding record equity and many owning homes outright. They discuss inflation’s impact on real estate, noting housing’s major role in the consumer price index. The conversation also explores how AI could improve trade negotiations, and they share optimism about future market trends, with falling home prices and rent growth pointing to a potential CPI decline.
Find Lon here: https://irontoncapital.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz sits down with Dennis Kneale to unpack lessons from The Leadership Genius of Elon Musk. They explore how Musk's bold bets—from Tesla to SpaceX—are reshaping industries and reducing carbon emissions without relying on subsidies. The conversation also dives into AI risks, the censorship crisis on social media, and why public perception often misses the mark on Musk. Plus, insights on media bias, political discourse, and social media strategy. A sharp, insightful episode for anyone interested in leadership, innovation, and the future of free expression.
Find Dennis here: https://denniskneale.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
In this episode, Kerry Lutz and author Mark Beckman discuss the newly enacted Take It Down Act, a bipartisan law requiring social media platforms to remove deepfake pornography within 48 hours of notification or face penalties. Sparked by the disturbing case of teenager Elliston Berry, the act aims to combat the growing threat of AI-generated explicit content.
Beckman stresses the need for collaboration between families, tech companies, and government to protect minors online, while also raising concerns about First Amendment rights and the practical challenges of regulating deepfake content. The conversation highlights the expanding influence of deepfakes across sectors like finance and international relations, underscoring the urgent need for ethical guardrails in AI development.
The episode also touches on Beckman’s bestselling book, Some Future Day, and an upcoming global AI audiobook initiative. The two close with plans for future discussions as the implications of artificial intelligence continue to unfold.
Find Marc here: Some Future Day Book
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Bob Hoye discuss Canada’s shifting political and economic landscape under the new prime minister’s globalist policies, with a focus on impacts to Alberta’s oil industry and rising tariffs. They explore market-driven solutions for education and culture, the risks of the current “everything bubble,” and the potential for gold mining success amid economic downturns. The conversation covers junior gold stocks, AI skepticism, climate intervention, and political tensions in Alberta and Saskatchewan. They close with support for Pierre Polyev and investment tips for the gold sector.
Find Bob's charts here: https://chartsandmarkets.com/junior-golds
Find Kerry here: https://www.financialsurvivalnetwork.com/ and here: https://inflation.cafe/
Kerry Lutz and Jim Welsh discussed the recent market downturn, emphasizing the warning signs that indicated its vulnerability, such as perceptions of tariffs and diverging market indicators. Jim highlighted the psychological effects of a 20% decline, noting that a quick rebound can mitigate its impact. He expressed concerns about the economic divide in the U.S., where a significant portion of consumer spending comes from the top 10% of earners, suggesting that any decline in asset prices could lead to reduced spending. Both speakers agreed that the market is currently in a bear phase, with the S&P likely to revisit its April lows.
The conversation also addressed the implications of the tariff war on the economy, with Jim forecasting a slowdown and rising unemployment, while questioning the stock market's preparedness for these outcomes. They discussed the inefficiencies in government spending, referencing a General Accountability Office report on waste and fraud, and commended efforts by individuals like Elon Musk to address these issues. Jim warned of a potential economic slowdown due to reduced spending and uncertainty among CEOs, while also noting the Federal Reserve's cautious approach to interest rates in response to unemployment trends. Both Lutz and Welsh expressed a cautious outlook on economic growth and the potential impacts of a strengthening dollar on gold prices.
Find Jim here: MacroTides.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
In this episode, we explore how constant exposure to negativity—through media, politics, economics, and global instability—can paralyze people with fear and prevent them from living fully.
The host highlights how overwhelming it can be to track endless crises, from inflation and housing costs to censorship and broken small businesses. Yet, the core message is one of empowerment: fear is an illusion ("false evidence appearing real") that must be confronted.
Listeners are urged to take action despite fear, live in the moment, and stop waiting for perfect conditions. Because in the end, inaction is the real dream killer—not failure.
Visit Robert @ https://ConquerChange.com for more insights.
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Craig Hemke discussed the recent dynamics in the gold and silver markets, highlighting a notable increase in gold prices by nearly $100. Craig expressed skepticism about claims of an overbought market, referencing the commitment of traders report that indicated large speculators had reduced their long positions. He described silver's market conditions as slightly bearish, struggling to gain upward momentum. Both emphasized the importance of maintaining confidence in gold despite previous skepticism, suggesting current trends may affirm their long-term views.
Craig analyzed the long-term depreciation of the dollar, noting the significant increase in gold's price over the past fifty years and expressing concern over the current $2 trillion deficit. They discussed the potential for gold prices to reach between $3,500 and $4,500 this year, with implications for the mining sector and a broader trend of funds moving away from dollar-based assets towards alternatives like gold and Bitcoin. The conversation concluded with a reminder for investors to stay informed and consider buying during market dips.
Find Craig here: https://tfmetalsreport.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Alan Hibbard discussed the current market dynamics, emphasizing the volatility linked to the transition towards a new monetary system. Alan highlighted Bitcoin's potential as a high-performing asset, suggesting it could significantly increase in value during market disruptions. They raised concerns about the possibility of governments confiscating digital assets to manage national debt, advising citizens to secure hard assets as a protective measure. The conversation concluded with an agreement that the available options for addressing debt trends towards inflation and asset revaluation.
The discussion also covered the geopolitical landscape involving Russia, China, and Ukraine, with Kerry suggesting that a coup in Ukraine may be necessary for a peace deal with Russia, criticizing Zelensky's leadership. They expressed optimism about gold prices, with Alan estimating a potential rise to $10,000, while Kerry offered a more conservative estimate of $4,500 by year-end. Both acknowledged gold's historical performance, noting its outperformance compared to other assets since the dot-com crash. They provided resources for further engagement and education on gold investments, encouraging audience interaction for questions and additional information.
Find Alan here: https://goldsilver.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Ted Thatcher analyzed recent job market data, noting an unemployment rate of 4.2% and the addition of 177,000 jobs, alongside downward revisions of previous job figures. They discussed the reduction in government spending and its beneficial effect on GDP, stressing the importance of monitoring waste and inefficiency in government expenditures. The discussion also covered market uncertainties stemming from fluctuating tariffs and trade negotiations, highlighting the necessity for solid trade agreements to ensure market stability. Furthermore, they examined the challenges posed by high credit card interest rates and their impact on the financial well-being of Americans.
Find Ted here: https://www.brightlakewealth.com
Find Kerry here: http://financialsurvivalnetwork.com and here: https://inflation.cafe
The discussion centered on Marc Adams' journey of overcoming stage four cancer during the COVID-19 pandemic, emphasizing resilience and the importance of valuing each moment. Marc shared that his experience taught him to never give up, especially when faced with the prospect of limited time. He highlighted how the pandemic influenced his perspective on life and health, noting that his recovery was aided by information he sought online. Both Marc and Kerry Lutz reflected on their personal health challenges, underscoring the profound shifts in perspective that arise from confronting mortality.
The conversation also delved into the complexities of business succession planning and the challenges of selling a business. Marc outlined a framework for business growth, detailing six phases that entrepreneurs should follow to maximize value and minimize tax burdens during a sale. He emphasized the significance of strategic acquisitions for enhancing profitability as businesses scale.
Both men acknowledged the difficulties business owners face in planning for an exit while recognizing the potential for substantial financial rewards through a structured approach. Marc concluded by offering resources for listeners, including a link to access a free PDF version of his book, "Secrets to 10Xing the Value of the Business."
Find Marc here: https://marcadams.io
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
This thought-provoking commentary dives into the emerging reality of asteroid mining and its potential to upend global economic systems, supply chains, and traditional notions of value. Prompted by a March 2025 BBC article, the piece highlights current efforts by NASA, Japan, and private enterprises to extract valuable resources—like platinum, rhodium, and helium-3—from near-Earth asteroids. It also reflects on legislative groundwork laid by Presidents Obama and Trump that legally supports commercial space resource extraction. While timelines remain speculative, the discussion raises profound questions about the consequences of massive off-world wealth, the feasibility of a psychological gold standard backed by “deep storage” extraterrestrial metals, and even the possibility of interplanetary resource conflicts. The author concludes with a grounded stance: when it comes to precious metals, physical possession remains key.
Visit Robert @ https://ConquerChange.com for more insights.
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Kristen Roberts explore the challenges posed by AI in relation to intellectual property theft, emphasizing the ease with which AI can generate works that resemble existing copyrighted materials. Kristen points out that the legal landscape is currently uncertain, with cases in the courts addressing whether AI's training on copyrighted content is fair use. The conversation also touches on the broader implications for societal security and the economy as AI technology advances.
Kristen Roberts highlighted the difficulties in passing broad AI legislation due to the current state of Congress and the need for a functioning legislative body. Kerry Lutz pointed out the conservative nature of courts, which are now making decisions on AI-related cases, such as the recent ruling in favor of Thomson Reuters against Ross AI. Both agreed that the legal landscape will continue to evolve slowly as technology advances.
Find Kristen here: https://www.trestlelaw.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the challenges of the upcoming tax season, with Kerry Lutz emphasizing the need for organization and patience as deadlines approach. Chris Hervochon, a CPA, advised clients to stay informed about potential tax legislation changes, including speculation about tax relief for individuals earning less than $150,000 and the uncertain future of provisions from the Tax Cuts and Jobs Act. Lutz also addressed Florida's property tax elimination proposal, advocating for alternative funding sources and questioning the seriousness of balanced budget efforts.
The conversation highlighted the complexities of evolving tax regulations and the mixed effectiveness of digital tools for taxpayers, with Chris noting that while technology aids some, many still face difficulties.
Find Chris here: https://betternumbers.cpa
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
In a bold declaration, Secretary of State Marco Rubio says the U.S. has officially ended government-sponsored censorship through the State Department. In this episode, Robert Ian of ConquerChange.com breaks down Rubio’s April 17th, 2025 interview where he claims the Global Engagement Center—the controversial censorship arm of the State Department—was shut down in late 2024. Rubio reveals how this censorship infrastructure, originally created to counter radical extremism after 9/11, was quietly weaponized to silence American voices, especially during the 2020 election and early pandemic. NGOs were used as proxy hitmen, tagging U.S. citizens as "foreign agents" to justify de-platforming. Now, Rubio promises transparency, a deep investigation into who ordered the censorship, and a commitment to free speech as the antidote to disinformation. But questions remain: Will this effort truly dismantle the censorship machine? Can the U.S. push back against European Union censorship laws targeting American speech abroad? Or is this just another PR move? We explore it all—with hard questions, historical context, and a close look at what this means for freedom of expression in the digital age.
Visit Robert @ https://ConquerChange.com for more insights.
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the significance of reputation in the purchasing process, particularly for high-value items like gold and silver. Kerry Lutz highlighted the importance of trust signals, such as reliable ratings and personal recommendations, while Scott Brandley warned about the prevalence of fraud in the market. DJ Sprague pointed out the potential manipulation of online reviews by companies, advocating for the use of multiple sources to ensure authentic feedback.
He emphasized the need for working with Google review partners to maintain credibility and prevent the deletion of negative reviews. The participants discussed the differences between open and verified review platforms, noting that consumers often lack awareness of these distinctions.
The conversation also examined the role of negative reviews in establishing brand trust, with DJ citing research that shows consumers are more likely to convert when they see authentic negative feedback. They agreed that a perfect five-star rating can reduce trust, while a rating between 4.2 and 4.9 is more credible. The importance of brands responding to negative reviews was emphasized as a demonstration of commitment to customer service.
DJ explained the legal ramifications of manipulative advertising practices, while advocating for verified review platforms that ensure feedback comes from actual customers.
Find Dj & Scott here: https://www.shopperapproved.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
In this compelling commentary, Robert Ian of conquerchange.com dives into the issue of media gaslighting and the distortion of facts surrounding free speech and censorship. He highlights constitutional law scholar Jonathan Turley’s recent blog post addressing a false claim repeated by NPR and others: that the Supreme Court rejected allegations of government coordination with social media companies to censor content. Ian clarifies that the Supreme Court’s 6-3 ruling in Murthy v. Missouri was solely about the lack of standing for Missouri and Louisiana, not a judgment on the merits of the censorship claims.
Ian emphasizes Turley’s point that no Supreme Court decision was made regarding whether government pressure on social media platforms violated the First Amendment. He critiques the mainstream media and figures like law professor Mary Anne Franks for perpetuating this falsehood, labeling it a deliberate misrepresentation. Ian underscores Turley’s long-standing defense of the Constitution and free speech, noting the growing scarcity of credible voices like his in today’s media landscape.
The commentary also connects this issue to broader concerns, such as the weaponization of free speech against ordinary citizens and the dismissal of evidence like the Twitter and Facebook Files as “conspiracy theories.” Ian warns that censorship is a direct threat to freedom and calls for vigilance against these troubling trends.
Find Robert here: https://ConquerChange.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here https://inflationcafe.com
In this explosive breakdown, Kerry Lutz of the Financial Survival Network explores the radical theory that Washington has been quietly hoarding massive amounts of BTC—possibly over a million coins—through seizures, covert acquisitions, and even Satoshi Nakamoto's original stash.
Could skyrocketing Bitcoin prices allow America to wipe out its debt in one move? Is the government sitting on a digital goldmine it plans to deploy during a global monetary reset? What happens if the leftover Bitcoin is used to privatize and fully fund Social Security? From the collapse of FTX and the takedown of SBF to the sudden approval of Bitcoin ETFs and the rise of the Strategic Bitcoin Reserve, the pieces may already be in place.
This is not financial advice—this is geopolitical speculation on a red-pill level.
Read the full article and find more from Kerry here: https://FinancialSurvivalNetwork.com
Kerry Lutz interviewed Anne Gannon, a CPA specializing in tax advice for real estate investors, focusing on critical tax reporting issues. Gannon highlighted a common error among investors: misclassifying property improvements as repairs, which can complicate loan applications. She emphasized the necessity for clients to remain informed year-round to prevent surprises during tax season, citing a specific case where improper expense categorization led to mortgage difficulties.
The discussion also covered the implications of bonus depreciation on tax returns, with Gannon noting the potential reduction from 100% to 40% and its significant impact on investment decisions. She clarified the different tax treatments for short-term rentals versus residential properties and mentioned that many clients are now undertaking cost segregation studies to enhance their tax understanding. Gannon offered to provide a checklist to help clients navigate these tax complexities.
Find Anne here: https://www.thelargogroup.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on investment opportunities arising from the government's sale of surplus properties, with David Codrea emphasizing the potential of acquiring smaller properties under 100,000 square feet for repurposing into local business spaces. He highlighted a recent list of federal properties available for sale, particularly in the Southeast region between Atlanta and Charlotte, which he views as having significant growth potential. Another speaker shared their investment strategy, favoring lower-rise buildings with flexible zoning to facilitate quicker leasing, and noted a typical profitability timeframe of about 18 months, factoring in municipal permitting.
While acknowledging the rising interest in data centers, they expressed a preference for less competitive markets due to high costs and energy supply challenges. The complexities of converting commercial properties to residential use were also discussed, particularly the resistance from cities to zoning changes, along with reflections on past projects, including a successful turnaround of a mobile home park with infrastructure issues.
Find Dave here: https://www.gogreenleafmanagement.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Robert Ian of conquerchange.com takes a deeper look at what DOGE is really claiming — and what Fox News failed to ask. Key takeaways from the interview:
✅ NIH operates with 27 CIOs and 700+ incompatible IT systems
✅ 40% of calls to Social Security come from fraudsters
✅ Federal retirement records are still stored in filing cabinets
✅ And a staggering 12 million people over the age of 120 were listed as alive in the Social Security database.
Here’s the $240 billion question no one asked: Were those 12 million people actually receiving Social Security payments? If yes, who committed the fraud — and where is the accountability?
With DOGE canceling contracts and exposing systemic dysfunction, there’s a clear effort to apply public company audit standards to government agencies. But without tough questions and full transparency, is this real reform — or just high-tech theater?
Robert Ian cuts through the noise and brings the follow-up analysis mainstream media missed.
Visit https://conquerchange.com for exclusive content, critical thinking, and tools to help you navigate accelerating change in government, economics, and society.
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
We sat down with Ivan Bebek, CEO of Coppernico Metals ( (🇺🇸CPPMF -- 🇨🇦COPR)), to for a sponsor update to discuss the company’s latest drilling program and the booming metals market. Ivan shares exciting updates on their first 20 drill holes in Peru, revealing promising signs of a massive copper system. With new targets like Raso and a permit expansion underway,
Coppernico is gearing up for a game-changing phase of exploration. Ivan also weighs in on rising copper prices—pushing past $5/lb—driven by global electrification and supply shortages, predicting a slow-but-massive bull market ahead. Plus, he hints at a potential U.S. copper project to diversify their portfolio.
Don’t miss this deep dive into Coppernico’s strategy and the future of copper!
Visit https://coppernicometals.com to get the latest updates and news.
*Disclaimer: Coppernico Metals has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in Coppernico Metals' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
Kerry Lutz and Dale Smothers discussed the implications of recent GDP growth figures, deeming them less relevant for future economic strategies. Dale emphasized the importance of addressing current challenges rather than focusing on past performance, criticizing government inefficiencies and advocating for prioritizing domestic needs over foreign aid, especially in light of natural disasters. He expressed concerns about the media's role in shaping public perception and the need for accountability and term limits in government to combat political polarization. Both acknowledged the necessity of overhauling outdated geopolitical strategies, particularly regarding China, and supported innovative economic policies that could benefit American consumers.
The conversation also explored potential solutions for the U.S. debt crisis, with Kerry proposing a strategic reserve of cryptocurrency, specifically Bitcoin, to facilitate a debt swap. Both he and Dale dismissed traditional solutions like default or inflationary depression as undesirable. They discussed the idea of abolishing income tax in favor of a national sales tax, which they believe could yield significant economic benefits.
They noted ongoing tax reform discussions in various states, highlighting a positive shift in political conversations around tax cuts, particularly with a Democratic governor in Kentucky advocating for these reforms. Overall, they expressed optimism about the potential impacts of these strategies on American consumers and taxpayers.
Find Dale here: https://rdsmotherswealth.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Dolly Varden Silver's (🇺🇸 DOLLF - 🇨🇦 DV) CEO Shawn Khunkhun returns to the Financial Survival Network for a powerful sponsor update with host Kerry Lutz. With gold at record highs and silver back at $32, Khunkhun breaks down Dolly Varden’s latest drill results at the Homestake Ridge property—highlighting a major silver-gold discovery at Homestake and an impressive 160+ gram-meter intercept that points to a potential new high-grade zone.
He explains why a 10% rise in silver prices can lead to a 30% pop in share value, and how Dolly Varden’s $33.9 million war chest is fueling an aggressive 2025 drill program targeting 40,000 meters of exploration across key zones like Wolf, Homestake, and a new area called Red Point.
He announced the company's uplist to the NYSE-American. Its inclusion means that multiple ETFs, institutional backing, along with the ease of purchasing share will help DV become a Top 10 silver company, Dolly Varden is well positioned for breakout growth—or a potential acquisition by a major.
Learn why Khunkhun says Dolly’s ounces in the ground are more discounted than ever—and why that spells opportunity for investors now.
📈 Ticker Symbols: 🇺🇸 DOLLF (OTC) 🇨🇦 DV (TSXV)
👉 Visit: https://dollyvardensilver.com 🔔 Subscribe & stay informed on major milestones, upcoming drill campaigns, and silver market trends.
#SilverStocks #DollyVardenSilver #Gold #MiningStocks #FinancialSurvivalNetwork #KerryLutz #ResourceInvesting
**Disclaimer This interview is sponsored by Dolly Varden Silver, and Financial Survival Network has received payment to conduct this interview of thirty-one hundred and fifty dollars. The information provided in this video is intended for informational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. While we strive to ensure the accuracy of the information presented, we make no guarantees or representations as to its completeness, accuracy, or reliability. Viewers are strongly advised to conduct their own research, carefully review the information presented, and consult with professional investment advisors and financial counselors before making any investment decisions. The insights shared in this video are based on the perspectives and opinions of the interview participants and should be used at your own risk. Investing involves risk, including the potential loss of principal, and past performance is no guarantee of future results.
The discussion centered on the benefits and intricacies of collecting ancient coins, with Dean Kinzer sharing his passion for this hobby that dates back to 650 BC. He explained the evolution of coinage, including the introduction of images and the challenges posed by counterfeiting. Dean noted that ancient coins have not yet gained significant traction among American collectors, and he aims to promote this unique collectible opportunity. He shared personal anecdotes about his father's eclectic collection, which inspired him to establish Kinzer Coins and continue the legacy of collecting, particularly focusing on coins with biblical significance.
Dean provided practical advice for those interested in starting their own collections, highlighting the challenges of the ancient coin market, including the absence of a structured grading system. He recommended educating oneself through resources like his podcast, The Ancient Coin Hour, and emphasized the importance of purchasing from reputable dealers. Dean suggested that beginners focus on late Roman bronzes for their affordability and historical significance, while also discussing the potential value of more famous coins. He invited interested customers to explore his website, KinzerCoins.com, for a diverse inventory and additional services, including converting coins into jewelry.
Find Dean here: https://KinzerCoins.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and John Rubino discussed the recent significant price increases in gold and copper, both reaching all-time highs. John highlighted that gold has outperformed the S&P 500 over the past two decades, while copper's importance is growing due to its role in energy transitions and AI technologies. They noted favorable conditions for mining stocks, which are benefiting from rising metal prices and stable costs.
Sandstorm Gold was mentioned as a company positioned for growth, focusing on reducing debt and increasing cash flow from higher sales. The conversation also included a cautionary note about the necessity for major mining companies to pursue mergers and acquisitions to address depleting reserves.
The performance of gold, silver, the S&P 500, and tech stocks since 1999 was analyzed, revealing that gold yielded about 9% compared to the S&P 500's 5%. John explained that the liquidity injected into the economy has inflated asset prices, suggesting that some overvalued assets may be due for a crash. Historical trends indicate that tech stocks, after a period of high returns, often experience significant declines. Lutz agreed, emphasizing that even high-quality tech stocks can drop dramatically when overvalued, highlighting the need for caution among investors.
John expressed optimism about gold and silver's future performance, advising investors to maintain a diverse portfolio in the mining sector and to consider cashing out during acquisitions. Lutz pointed out the mixed success of major mining companies with acquisitions, often leading to overpayment for assets. The discussion also touched on the broader economic landscape, including unprecedented government debt and spending patterns, with concerns about how this liquidity could impact financial assets, potentially leading to inflation or boosting speculative stocks.
The conversation shifted to the pervasive fraud in government funding, particularly through NGOs, and the financial benefits for individuals in the political and expert classes. They critiqued the cycle of dependency and corruption that arises from large sums of money being funneled back into political campaigns. Additionally, they proposed the creation of a museum dedicated to corruption in Washington, D.C., envisioning it as both a serious proposal and a satirical commentary on political issues. The discussion concluded with a focus on the lucrative potential of selling citizenship cards, reflecting a shift in the perception of citizenship as a valuable brand.
Find John here: https://rubino.substack.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the urgency of preparing for the upcoming tax deadline and the increasing threat of tax fraud. Paul Oster explained various tactics used by scammers, such as smishing and phishing, and recommended measures like creating an identity protection PIN and setting up an online IRS account to safeguard personal information. He also addressed the implications of tax liens, encouraging individuals to confront these issues proactively, especially since the IRS is currently more lenient in accepting offers in compromise. The conversation highlighted the importance of awareness regarding scams, including a recent E-ZPass scam that targets individuals with misleading messages about account issues.
Kerry Lutz and Paul Oster also examined the inefficiencies in government spending and the need for accountability in light of recent criticisms. They discussed the lack of transparency in taxpayer money allocation, particularly to wealthy private universities, and called for the establishment of efficiency departments to oversee large expenditures. The speakers advocated for reducing government spending and increasing tariffs to combat inflation, referencing the EU's recent decision to lower vehicle import duties as a positive example. They concluded by proposing a national sales tax as a more efficient alternative to income tax, emphasizing the potential for tax cuts without sacrificing essential programs if wasteful spending is addressed.
Find Paul here: https://www.betterqualified.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
We sat down with Gwen Preston, Communications VP at West Red Lake Gold Mines (🇺🇸WRLGF -- 🇨🇦WRLG) for the latest sponsor update. Their mill at the Madsen Mine has officially restarted, marking an exciting milestone for the company.
Gwen shares on-site insights, highlighting the strong economic implications of current record-high gold prices ($3,030 USD) for their projected annual production of 70,000 ounces. She explains how elevated gold prices significantly lower the cutoff grades, making previously uneconomic lower-grade deposits profitable and enhancing overall mining continuity.
Gwen also discusses promising initial results from their 10,000-ton bulk sample, expected to generate significant revenue shortly, reinforcing the company’s strong financial position.
The interview further explores community engagement, the recent establishment of a state of the art 114-person workforce camp, and the positive local impact in the Red Lake community. With full-scale production anticipated in the second half of 2025 and favorable market conditions, West Red Lake Gold Mines is positioned for robust growth and profitability.
For further updates sign up at: https://WestRedLakeGold.com *
Disclaimer: West Red Lake Gold Mines has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in West Red Lake Gold Mines' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. FSN receives remuneration of three thousand usd. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
Kerry Lutz and Alan Hibbard discussed current trends in the gold and silver markets, noting record high prices and the potential for a market pullback. Alan expressed optimism about future price increases, particularly for silver, while raising concerns about the recent halt in trading for the PSLV ETF on Robinhood, which he found suspicious amid fears of a run on physical silver. They addressed possible manipulation of silver prices, referencing a spike in short positions for PSLV, and concluded with uncertainty regarding a potential short squeeze. Alan elaborated on market dynamics, emphasizing that the prevalence of paper contracts can suppress prices, while Kerry highlighted the risks of revealing discrepancies in gold reserves.
Alan outlined his long-term investment strategy, focusing on steady accumulation rather than reacting to market volatility, and discussed the cryptocurrency market, particularly Bitcoin's role as a stable store of value. He cautioned against investing in other cryptocurrencies due to their centralized nature and recommended that investors take physical delivery of precious metals and secure their Bitcoin holdings.
Find Alan here: https://goldsilver.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Tom DiLorenzo discussed the Mises Institute's documentary "Playing with Fire," which addresses the Federal Reserve's functions and implications, noting its significant viewership and featuring notable figures like Ron Paul. DiLorenzo emphasized the Fed's role in enabling government spending and the associated economic repercussions, such as inflation and financial crises, arguing that the true costs of government actions are obscured by the Fed's ability to monetize debt. Lutz proposed a National Cryptocurrency Reserve, suggesting that inflating Bitcoin's value could eliminate U.S. debt, though DiLorenzo expressed skepticism about its political feasibility and the risks of government involvement in Bitcoin.
They critiqued the Fed's manipulation of interest rates and its regulatory role, citing the Community Reinvestment Act as a contributor to the 2008 financial crisis, and reflected on historical failures of central planning. DiLorenzo advocated for a return to gold-backed currencies and competing currencies as potential solutions to the issues created by the Federal Reserve
Find Tom here: https://mises.org
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Chris Vermeulen discussed the current volatility in the markets, particularly influenced by political events. Chris highlighted significant selling pressure affecting equities, suggesting that the market appears oversold and may experience a bounce in the coming weeks. However, he expressed uncertainty about whether this would lead to a recovery or a deeper decline into a bear market.
The conversation also touched on the precious metals market, where Chris noted that gold is on a bullish trajectory, with a target range of $3,050 to $3,200 per ounce, driven by a lack of trust in traditional financial systems. He cautioned about the higher volatility of silver and emphasized a conservative investment strategy focused on capital preservation for clients over 50.
Chris provided insights into the dollar's decline and the bearish outlook for the 10-year note, suggesting that while bonds may have reached a bottom, they are unlikely to yield substantial returns soon. He warned of a significant reset in the economy, predicting oil prices could drop to around $50 or $55 per barrel, which would negatively impact energy stocks. Chris identified a bearish divergence in the energy sector, forecasting a potential 40% to 60% correction.
He introduced his Asset Revesting strategy for those nearing retirement, emphasizing the importance of capital preservation. While remaining bullish on gold long-term, he advised caution in current purchases and indicated that better opportunities may arise soon. Kerry facilitated the discussion, prompting Chris to share resources for further guidance on market analysis.
Find Chris here: http://www.thetechnicaltraders.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the challenges facing small businesses in the U.S. and the role of the Small Business Administration (SBA) in supporting them. Kerry Lutz and Lloyd Chapman highlighted the SBA's historically low budget of approximately $800 million, which they argue is insufficient given that small businesses account for 99.9% of all firms and create 98% of net new jobs. They expressed skepticism about the government's allocation of funds, particularly regarding the Paycheck Protection Program, which they believe favored larger businesses. The conversation also addressed broader issues of government fraud and the need for increased scrutiny of financial discrepancies, particularly within the Pentagon.
Lloyd Chapman emphasized the importance of the Small Business Act of 1953 as a crucial economic stimulus for the middle class, while also noting the disparity in federal contracts awarded to men versus women-owned businesses. He presented data on the SBA 7A loan program, indicating a low default rate, and underscored the significant benefits derived from the SBA's budget. Both speakers expressed concerns about potential moves to close the SBA and warned of an impending economic crisis linked to the national debt. They discussed the need for a fairer tax system and proposed innovative strategies, such as utilizing Bitcoin, to address these economic challenges.
Find Lloyd here: https://asbl.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Jose Berlanga discussed Jose's successful transition into the real estate and construction industry in the U.S., attributing his achievements to the abundant opportunities, a clear vision, and strong partnerships. Jose cautioned young entrepreneurs against the desire for immediate gratification, advocating for a balanced approach that merges passion with profitability. He emphasized the importance of learning from mistakes and seeking mentorship before starting new ventures.
Both acknowledged the challenge of balancing fulfilling work with financial needs, with Jose noting the necessity of recognizing when to move on from unfulfilling tasks. He shared insights from his book "The Business of Home Building" and introduced his upcoming book "Dirt Rich," while Kerry highlighted the importance of sharing personal successes and engaging on social media.
Find Jose here: https://joseberlanga.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz welcomed Robert Ian back to the Financial Survival Network, where Robert shared his extensive background as a business and motivational speaker, highlighting his long-standing involvement in the gold market since 2007. He discussed the personal challenges that led to a pause in his commentaries, particularly the loss of his wife in 2022, and expressed admiration for those who continued to voice their opinions during his absence. Robert anticipates significant economic changes in the coming years, especially concerning gold and Bitcoin, and announced a new weekly commentary series with Kerry to address current economic trends and drivers.
During the discussion, Robert analyzed the current economic landscape, warning of potential corrections in the housing market reminiscent of the 2008 crisis due to unsustainable prices and inventory oversupply. He emphasized the need for debt management and income diversification. The conversation also touched on the implications of a potential audit of Fort Knox and the U.S. government's Bitcoin reserve, with both speakers considering the impact these factors could have on economic policy and market dynamics.
Find Robert here: https://ConquerChange.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the current economic landscape, highlighting concerns about the potential for a bear market as the S&P's recent highs lack broader market support. Jim Welsh pointed out that uncertainty surrounding President Trump's proposed tariffs could lead to a recession, particularly as consumer confidence declines and inflation expectations rise. He emphasized that historical evidence suggests tariffs do not effectively boost jobs or economic growth, and companies may pass increased costs onto consumers, further straining the economy.
Welsh and Kerry Lutz examined the implications of rising inflation and its impact on spending patterns among different income groups. They noted that the wealthiest 10% account for a significant portion of consumer spending, while the bottom 80% have seen a decline in their expenditures. Welsh warned that a downturn in the stock market could reduce spending from high earners, exacerbating economic challenges. The conversation also touched on the political ramifications of budget cuts and the complexities of the tax system, with Welsh criticizing tax cuts for the wealthy and discussing misconceptions about tax contributions.
The speakers analyzed the relationship between economic indicators and oil prices, predicting a potential decrease in oil prices and discussing the implications for inflation. Welsh forecasted a temporary bounce in the S&P but anticipated further declines due to tariffs, while also addressing the recent drop in energy prices and its effects on inflation. They highlighted the role of refracking technology in boosting oil production and the focus of oil companies on shareholder returns.
Find Jim here: https://www.macrotides.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz interviewed Charles Degliomini from Rekor Systems to discuss the impact of AI on roadway management. Charles explained that their technology employs off-road sensors to gather precise traffic data, moving away from outdated methods like rubber tubes, which enhances vehicle classification accuracy and improves worker safety by minimizing their exposure to traffic. The AI system operates continuously, delivering real-time data that aids in reducing traffic congestion and optimizing roadway maintenance, ultimately aiming to decrease highway accidents and fatalities. He highlighted the system's ability to integrate various data sources, such as Bluetooth signals and Waze reports, allowing traffic center operators to respond to incidents significantly faster than traditional methods.
Charles noted the successful implementation of this technology in cities like Las Vegas, where it has proven beneficial for emergency responders. He emphasized the necessity for modernizing traffic data reporting and contrasted proactive states like Texas with those resistant to change, while also mentioning that toll operators are more open to adopting new technologies.
Find Charlie here: https://www.rekor.ai
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion centered on the current administration's deregulation priorities and the necessity for effective financial oversight. Gerson Gibbs emphasized Belite Capital's role in providing independent guidance to investors, advocating for a balanced regulatory framework that includes regular reviews of existing regulations. He highlighted the importance of addressing issues like improper government payments through the implementation of audit findings, suggesting that initial restructuring could lead to long-term economic benefits. Kerry Lutz and Gibbs also explored the potential of Dogecoin to save billions while acknowledging the risks of recession due to excessive government spending and tariffs.
They noted the administration's willingness to tackle these challenges, despite potential short-term pain, and criticized systemic issues reflected in government data errors. The conversation further delved into the need for independent oversight of government and corporate entities, with a focus on Elon Musk's potential to enhance efficiency through technology. Both participants agreed on the necessity of modernizing government operations and integrating AI to improve oversight and efficiency.
Find Gerson here: https://www.belitecapital.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on a strategy for paying off mortgages within five to seven years by utilizing a revolving line of credit to manage income effectively. Bill Westrom explained that depositing income into this line of credit reduces debt balances and minimizes interest payments, while also introducing the concept of a "bill payday" to streamline monthly expenses and enhance interest savings. He emphasized the importance of prioritizing debt balances over interest rates in debt management, citing the high levels of national and consumer debt and advocating for a new banking model to ease personal debt burdens.
Bill shared success stories of clients who achieved financial freedom, including a young couple who eliminated over $200,000 in debt and a 77-year-old woman who expanded her real estate portfolio.
Find Bill here: https://truthinequity.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Joe LoPresti discussed exit planning for business owners, drawing from Joe's extensive experience as a wealth manager and insights from his book "Exit by Design." They emphasized the common issue of business owners receiving fragmented advice, which can lead to regrets post-sale, highlighting the importance of a proactive approach. Joe outlined the need for comprehensive planning, including understanding seller financing and identifying the right buyer to maximize business value.
He introduced the concept of a "freedom point," which represents the financial threshold necessary for achieving desired post-sale lifestyles, and stressed the importance of creating a personal action plan that addresses life goals beyond business ownership. Additionally, Joe advised owners to assess their business's appeal to potential buyers, focusing on factors like owner dependency and recurring revenue streams, which significantly influence market value.
Find Joseph here: https://arlington-wealth.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the transparency of gold reserves at Fort Knox and the implications of potential discrepancies in these holdings. Jonathan expressed concerns about the lack of audits, suggesting that any revelation of missing gold could lead to a significant public relations crisis for the government. Both he and Kerry emphasized the historical relationship between the U.S. dollar and gold, noting that the dollar is no longer redeemable in gold, which complicates the situation. They also addressed the broader issue of government control over money and banking, with Jonathan advocating for a market-driven approach to currency and expressing optimism about cryptocurrencies as a challenge to the U.S. dollar.
The conversation further explored the evolution of the banking system, critiquing government intervention that has led to monopolization and manipulation of the money supply, resulting in inflation. Kerry and Jonathan highlighted the misconception that rising prices are solely due to external factors, arguing instead that they stem from increased money supply. They discussed the implications of inflation as a hidden tax that benefits banks and the government at the public's expense. Additionally, they touched on the Mises Institute's policy of rejecting government funding to maintain their anti-government stance and commitment to free market principles, with both encouraging further engagement with the institute's resources for economic education.
Find Dr. Newman here: https://mises.org
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the transformative impact of artificial intelligence (AI) across various sectors, with Marc Beckman highlighting its generative capabilities and data analytics functions that enhance productivity. Kerry Lutz shared his experiences using AI for tasks like generating show notes and summarizing press releases, noting significant improvements in his efficiency. Beckman pointed out the potential for AI to reshape job landscapes and create new opportunities, especially in creative fields, while emphasizing the accessibility of AI tools for individuals without technical backgrounds. The conversation also touched on the implications of AI in healthcare, with Beckman mentioning tools that could improve diagnosis and prescription processes, while Lutz raised concerns about AI's role in predictive policing.
The dialogue further explored the intersection of AI and cryptocurrency, with Beckman discussing the potential for these technologies to drive business growth, particularly in light of recent executive orders aimed at fostering innovation. They reflected on the influence of social media in political campaigns, particularly during Trump's 2016 campaign, and introduced the concept of an "iron triangle" of emerging technologies that could disrupt traditional industries.
Find Marc here: Some Future Day Book
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion centered on the importance of effective succession planning for business owners, highlighting common pitfalls and strategies to enhance company value. Justin Goodbread identified three key mistakes: neglecting to consider the total income from the business for retirement planning, remaining overly involved in operations which can reduce the business's value, and delaying exit planning until it's too late. He emphasized the need for a solid foundation and a clear vision, advising owners to narrow their target market to improve service delivery and perceived value. Additionally, the conversation underscored the necessity of prioritizing value over profitability, with Justin illustrating how aligning business operations with investor expectations can attract significant investment and enhance overall appeal to potential buyers.
Find Justin here: https://www.justingoodbread.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Tevi Troy engaged in a comprehensive discussion covering various topics, including the influence of business leaders like Elon Musk on government, the efficiency of the federal workforce, and the role of technology in governance. They analyzed the historical ties between industry and U.S. presidents, noting Musk's unique position in the current administration and the implications of corporate power in politics. The conversation shifted to the federal workforce, where they questioned the necessity of certain agencies and advocated for a streamlined approach to social support.
Lutz emphasized the potential of AI as a tool for societal improvement, particularly in expediting the FDA's review process for biomedical innovations. They also critiqued USAID's DEI initiatives abroad, suggesting they may not foster understanding and discussed the complexities of immigration policies, advocating for legal immigration while balancing compassion with necessary regulations.
Find Tevi here: https://tevitroy.org
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the status of gold reserves at Fort Knox and their economic implications. Craig Hemke raised concerns about the purity of the gold stored, suggesting that much of it may be only 90% pure, which contrasts with the current standard of 99.99%. They referenced the historical context of gold confiscation in 1933 and speculated on potential government responses if the vault were found empty, with Lutz concluding that such a revelation could trigger a global economic crisis.
The conversation also delved into the implications of revaluing gold and its effects on fiat currencies. Hemke explained the historical backing of the U.S. dollar with gold and noted the loss of significant reserves in the late 1950s. They discussed current efforts to repatriate gold to the U.S. and the challenges posed by tariffs on gold movement. Additionally, they examined the concept of gold-backed bonds proposed by Judy Shelton, considering the fiscal challenges facing the U.S. and the potential interest rates needed to attract investors.
Further topics included the economic landscape surrounding cryptocurrencies like Dogecoin and Bitcoin, with Hemke expressing skepticism about their real impact amid significant government spending and projected deficits. They discussed the inverted yield curve as an indicator of a potential recession and the implications for gold prices, predicting continued strong demand due to central bank purchases. The conversation concluded with a critique of government spending practices, highlighting concerns about inefficiency and lack of accountability in the federal budget.
Find Craig here: https://tfmetalsreport.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion focused on the economic implications of Doge and the need for government spending cuts, with Ted Thacher highlighting the impact of inflation and housing costs on the American dream. He noted that while short-term interest rates are decreasing, long-term rates remain high due to inflation expectations, advocating for significant budget cuts to restore market credibility and reduce deficit spending, referencing Ray Dalio's 3% solution as a target. The conversation also addressed the effects of AI on the workforce, where Ted expressed optimism about AI enhancing productivity rather than causing widespread job loss, while Kerry raised concerns about job displacement. Ted proposed that AI could create opportunities for lower-income individuals through affordable robotic solutions, and both emphasized the importance of supporting those affected by job losses due to AI advancements.
Find Ted here: https://www.brightlakewealth.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Sally C. Pipes discussed the significant waste in government healthcare programs, particularly Medicare and Medicaid, which cost over a trillion dollars annually, highlighting issues such as fraud where deceased individuals continue to receive benefits. Sally expressed optimism about potential reforms under Elon Musk's leadership at Doge, which could streamline healthcare administration, and they examined the implications of recent executive orders restricting benefits for illegal immigrants, suggesting these could reduce government size and lower taxes, thereby addressing inflation. The conversation also touched on the impact of tariffs preceding tax cuts and the role of AI in healthcare, with Sally noting its potential to reduce administrative staff needs and assist in diagnoses, while emphasizing the necessity of human verification.
They raised concerns about government efficiency, citing that only 6% of federal employees returned to work post-COVID, and discussed the challenges of reshoring manufacturing due to regulatory hurdles and workforce education. Both expressed hope for reforms under Trump's leadership to promote a smaller government that could enhance entrepreneurship and productivity, with Sally referencing her book, "The World's Medicine Chest," for further insights.
Find Sally here: https://www.pacificresearch.org
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion centered on the challenges facing the Social Security system and the financial advisory industry. Kerry Lutz and Gary Sinderbrand highlighted potential benefit cuts that could lead to unrest among dependent voters, while Gary noted an increase in personal savings rates as individuals seek financial independence from government support. Concerns were raised about the aging financial advisor workforce, with many nearing retirement and a younger generation lacking motivation and experience.
Gary criticized a McKinsey report for misrepresenting AI's role, emphasizing that empathy remains irreplaceable in client relationships. The conversation also addressed strategies to motivate advisors, including a compensation model to engage with lower-value accounts, while recognizing the importance of pursuing wealthier clients. Gary introduced his podcast "If the Public Only Knew," aimed at educating the public on financial concepts, and announced plans for a second podcast, "Financial Advisor Masterclass," to further support both advisors and the public.
Find Gary here: https://betterpathtraining.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz hosted a discussion with Patrick Mueller about the complexities of retirement planning given the current political climate. Patrick noted that the expiration of the Trump tax cuts could lead to higher tax rates, making it crucial for individuals to consider Roth conversions. He also addressed concerns regarding Social Security, predicting a potential 25% reduction in benefits by the early 2030s if no changes are made.
Both Patrick and Kerry Lutz discussed the current market highs, advocating for realizing profits rather than holding onto paper gains, while acknowledging the potential for increased volatility due to misrepresented economic data. They emphasized the need for diversification in investments, particularly in technology and infrastructure, and addressed broader issues within the legal system that may hinder economic progress. The conversation concluded with a call for strategic financial planning and staying informed about ongoing geopolitical tensions and market conditions.
Find Patrick here: https://bellaadvisors.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion centered on wireless electric vehicle (EV) charging, with Michael Farkas from Next NRG emphasizing the company's commitment to this technology, which he views as essential for the future of EV fueling. He noted that major EV manufacturers, including Tesla, are incorporating wireless charging into their plans, and highlighted Next NRG's patented bi-directional technology that facilitates energy transfer between vehicles and the grid, crucial for smart city initiatives. Kerry Lutz shared his enthusiasm for the evolution of electric vehicles and autonomous technology, pointing out the challenges of public charging stations and the benefits of wireless charging, which could allow vehicles to charge while driving or parked.
Michael elaborated on the existing technology and the potential for retrofitting vehicles, while also discussing the role of microgrids and advancements funded by a Department of Energy grant that improve utility efficiency through AI and machine learning. He reassured that their business model, which relies on long-term contracts for revenue, remains stable despite potential changes in government subsidies for EVs.
Find Michael here: https://nextnrg.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
The discussion centered on Mark Quinn's book, "Be Smart, Pay Zero Taxes," which outlines strategies for legally minimizing tax liabilities. Quinn introduced the "buy, borrow, die" approach, which allows individuals to leverage margin loans against their investment portfolios to access funds without triggering capital gains taxes. He emphasized that this strategy is accessible to a wide audience, including those in blue-collar professions, and highlighted the potential use of cryptocurrencies and ETFs. Quinn shared his personal experience of purchasing a home with minimal down payment, illustrating how debt can be utilized to acquire significant assets while deferring tax consequences.
Further, Quinn and Kerry Lutz examined various investment strategies, including the advantages of margin accounts and the potential of covered call ETFs. Quinn discussed the tax-free transfer of assets to heirs through a step-up in basis, allowing for wealth growth without immediate tax implications. They also touched on automated trading and the performance of specific investment vehicles, with Quinn claiming his methods could significantly outperform the stock market. The conversation concluded with plans for future collaboration and the sharing of additional resources to help individuals implement these financial strategies.
Find Mark here: https://www.remiigroup.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Mark Gober engage in a discussion about the implications of Dogecoin in revealing government corruption and its influence on political agendas, emphasizing the duality of increased transparency and the risk of information suppression by mainstream media. Mark expresses concern over the complacency of individuals who strictly follow mainstream narratives, highlighting the necessity for awareness of alternative viewpoints and vigilance against globalist agendas. They also critique the left's approach to compassion, arguing that it often results in superficial solutions to complex societal issues, such as poverty perpetuated by welfare policies. Lutz points out the patronizing nature of this perspective, while Gober advocates for personal responsibility and empowerment, suggesting that true diversity should include ideological differences beyond mere superficial traits.
Find Mark here: https://www.markgober.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Michael Hoffman discussed passive income strategies, focusing on the growing vending machine market. He highlighted the versatility of modern vending machines, which can stock a variety of products, from convenience items to health-related goods, making them suitable for diverse locations. Hoffman noted that entering this business is often more accessible than traditional real estate investments due to lower initial costs and available financing options.
He emphasized the need for investors to target high-traffic areas and to grasp market dynamics.
Find Mike here: https://vendingpreneurs.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Naresh Vissa critically examined the inefficiencies in government spending, particularly highlighting the waste associated with programs like USAID, Medicare, and Social Security. Naresh emphasized the lack of awareness among taxpayers regarding how their money is spent, advocating for transparency and accountability through zero-based budgeting to eliminate unnecessary expenditures. Both speakers discussed the potential for significant savings that could be redirected towards tax cuts or debt reduction, and they underscored the importance of using technology, including AI, to enhance government efficiency. They also noted bipartisan support for trimming excess spending as a means to reduce the national debt.
The conversation further delved into the implications of political changes under the Trump administration, with Naresh expressing optimism about the potential for substantial tax cuts and economic growth. He argued that high taxes on wealthy individuals could harm various sectors, using the Indian wedding industry as an example of how reduced spending impacts the economy. Lutz and Vissa also discussed the adaptability of government workers in the private sector, with differing views on their prospects post-layoffs.
Additionally, Naresh proposed increasing tariffs on China and simplifying the tax code to benefit lower-income individuals, while Lutz raised concerns about the feasibility of eliminating income tax. Both acknowledged the complexities of the current tax system and the need for reform.
Find Naresh here: http://www.nareshvissa.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Bill Walton discussed the rapid start of President Trump's term, emphasizing the administration's aggressive approach to implementing executive orders aimed at dismantling DEI and climate change initiatives. He expressed optimism about the direction of these policies but raised concerns regarding the legal authority of such actions, suggesting that Congressional involvement may be necessary as legal challenges emerge. Walton also highlighted anticipated challenges in moving inland, including potential resistance and infighting. Kerry Lutz criticized U.S. Aid as a corrupt entity linked to the CIA, which he argued has shifted towards a more progressive agenda over the past two decades, referencing Mike Waller's book, "Big Intel."
The conversation shifted to government spending, with Walton and Lutz examining the existence of slush funds, particularly a $400 billion fund at the Department of Energy, and the overall waste in government resources. They noted the growing public awareness of these issues, which could foster support for reform. The discussion also touched on the president's impoundment authority and the potential for the Supreme Court to enforce spending mandates from Congress.
Walton and Lutz criticized the Democratic National Committee for its lack of a coherent agenda and discussed the feasibility of tax reform, suggesting a national sales tax as a more practical alternative to the income tax. They concluded by addressing California's governance issues and the potential for a shift in voter sentiment towards conservative policies, while promoting participation in the upcoming CPAC event.
Find Bill here: https://thebillwaltonshow.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Dr. Elena George discussed the dysfunctions within the healthcare system, highlighting the overpowering influence of insurance companies and pharmacy benefit managers that prioritize profit over patient care, leading to treatment denials and a decline in private practice. They critiqued the current model's focus on chronic disease management rather than prevention, emphasizing the need to address dietary influences on health, particularly the rising obesity and diabetes rates among children, and the detrimental role of the food industry. Dr. George expressed frustrations with Medicaid and Medicare for their restrictive medication formularies, while Lutz raised concerns about potential financial mismanagement within Health and Human Services. They proposed three recommendations for improving health: enhancing water quality, consuming organic foods, and fostering a spiritual connection, while also advocating for personal responsibility and informed decision-making in health management.
Find Dr. George here: http://drelainageorge.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
John Rubino outlined the deep state's bipartisan framework, emphasizing the interplay between government roles and think tanks that often leads to ineffective outcomes. He highlighted USAID's covert operations as an extension of the CIA, funding mainstream media and actions that align with U.S. interests abroad. Rubino noted that the Trump administration's significant cuts to USAID's workforce and funding have raised concerns among deep state operatives. He described the administration's strategy of overwhelming the media with multiple controversies, which has resulted in a chaotic political environment that distracts from in-depth coverage of critical issues.
Rubino and Kerry Lutz discussed the implications of USAID's funding, suggesting it could evolve into a pro-MAGA initiative while raising concerns about promoting censorship in recipient countries. They highlighted the agency's financial support for relief efforts for illegal immigrants and the ethical dilemmas surrounding the distribution of surplus mRNA vaccines abroad. Their analysis pointed to the complex relationship between foreign aid, political agendas, and governance, emphasizing the need for accountability in how funds are allocated and utilized.
The current state of USAID was critiqued as a "gravy train" for political operatives rather than an effective aid organization. Lutz provided examples of substantial funding directed to NGOs, including $8 million to Bill Kristol's organization, and discussed financial mismanagement within government agencies, including potential losses in HUD. Both speakers called for increased scrutiny of government spending practices, particularly regarding the Pentagon's lack of audits, which could reveal significant fraud.
Rubino and Lutz examined the volatile political landscape, expressing concerns about the effectiveness of the current administration and the perception of government as a "grift." They discussed the potential for significant political upheaval and the capabilities of the new press secretary in countering mainstream media narratives. The conversation also touched on the gold market, with Rubino attributing its rise to factors like soaring debt and low interest rates, while Lutz speculated on the future of cryptocurrencies and their potential impact on inflation and the financial landscape.
Find John's work here: https://rubino.substack.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Michael Pento provided a critical overview of the current economic situation, highlighting the precarious nature of existing market bubbles in credit, housing, and equities. He likened these bubbles to a hot air balloon, sustained by diminishing liquidity, and warned of an impending crash that could catch many off guard, particularly those relying on government safety nets. Pento expressed skepticism about the government's ability to effectively manage inflation through borrowing and spending, emphasizing the need for substantial reforms, particularly in entitlement programs like Social Security and Medicare, to address ongoing debt and deficit issues.
The discussion also touched on recent labor market data, with Pento noting a surprising 4.1% increase in wages, which raised questions about the reliability of government inflation statistics. Both Pento and Kerry Lutz expressed concerns about the implications of potential discrepancies in these data, which could undermine trust and lead to increased long-term bond rates. Lutz highlighted issues of fraud within Medicare and Medicaid, advocating for a health revolution in the U.S. They both linked poor dietary choices to broader health and economic challenges, suggesting that improving public health could alleviate some financial burdens on the healthcare system.
Pento and Lutz further explored the dynamics of the gold market, noting a shift away from dollar dependence as countries invest their trade surpluses in gold. Pento expressed skepticism about cryptocurrencies, arguing they lack the qualities of true digital gold due to their unlimited supply and Wall Street's involvement. Lutz raised concerns about systemic corruption in bankruptcy proceedings, citing a case where a bookkeeper faced severe penalties for mismanagement. They concluded by discussing the implications of Trump's tax cuts and the potential for a national consumption tax, recognizing the political hurdles in reforming the tax system while emphasizing the need for active money management in light of a predicted recession.
Find Michael here: htttps://PentoPort.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Walter Johnson discussed mobile home park investments, with Walter sharing his insights following his early retirement. He clarified misconceptions about the industry, emphasizing that mobile home parks are governed by strict regulations that maintain their condition. Walter highlighted the potential for significant cash flow returns, typically ranging from 20% to 30%, and suggested strategies for enhancing profitability, such as incorporating self-storage units.
He acknowledged the difficulties in locating suitable parks and the existing stigma, but reassured participants that there are still viable opportunities for informed investors. Walter encouraged interested individuals to contact him for further guidance on entering this investment sector.
Find Walter here: http://sonoscapital.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and David Erfle discussed the recent surge in gold and silver prices, with gold surpassing $2,900 per ounce, driven by political uncertainty and trade tensions, particularly due to tariffs from the Trump administration and China's responses. David noted that gold has reached four all-time high daily closes since the inauguration, contributing to a total of 40 highs over the past year, while mining stocks and silver are beginning to follow gold's upward trend. He highlighted the resurgence of junior mining stocks, linked to Trump's streamlined permitting process, and mentioned the significant stock performance of Trilogy.
Kerry criticized the government's previous decision to revoke the Ambler Road project's permit, while David pointed out that British Columbia is expediting permits for 18 projects, positively impacting stock prices. They both expressed optimism about the mining sector's future, with David analyzing critical resistance levels in the GDX and GDXJ indices, suggesting that a weekly close above $40 in GDX and $35 in silver could indicate bullish momentum. He also noted the positive market sentiment surrounding junior mining stocks and the potential for explosive growth in this sector.
Find David here: https://www.juniorminerjunky.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
We caught up with Shawn Khunkhun, CEO of Dolly Varden Silver (🇺🇸DOLLF -- 🇨🇦DV), for a sponsor update on major new drill results at the Homestake Ridge project in BC’s Golden Triangle. Shawn explains why these high-grade gold and silver intercepts are extremely important and help validate Dolly's exploration thesis. The Homestake project has continually exceeded expectations, and will be a major focus of the fully funded 2025 drill program.
Topics Covered:
• Major Discovery at Homestake:
• How recent drilling confirms validates this acquisition
• Dolly Varden’s 40,000m drill campaign & new targets
• Metals Market Momentum: What rising gold & silver prices—mean for Dolly Varden
• Company Vision: Becoming a top 10 silver producer through aggressive exploration
For more information and to sign up for notifications go to https://DollyVardenSilver.com
**Disclaimer This interview is sponsored by Dolly Varden Silver, and Financial Survival Network has received payment to conduct this interview of thirty-one hundred and fifty dollars. The information provided in this video is intended for informational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. While we strive to ensure the accuracy of the information presented, we make no guarantees or representations as to its completeness, accuracy, or reliability. Viewers are strongly advised to conduct their own research, carefully review the information presented, and consult with professional investment advisors and financial counselors before making any investment decisions. The insights shared in this video are based on the perspectives and opinions of the interview participants and should be used at your own risk. Investing involves risk, including the potential loss of principal, and past performance is no guarantee of future results.
Kerry Lutz and Michael Blank discussed Michael's extensive experience in multifamily real estate investments, highlighting the advantages of scalability and passive income compared to his earlier ventures in tech and restaurants. Michael emphasized the importance of selecting the right markets, favoring cities like Atlanta, Dallas, and Austin, while expressing caution about Florida's rising insurance costs. He advocated for a mindset shift among investors to focus on building a team and seeking mentorship rather than solely figuring out tasks independently.
The conversation also addressed the challenges of finding commercial real estate deals, with Michael recommending the use of LoopNet and the importance of establishing relationships with brokers for off-market opportunities. He noted that while seller financing is rare for larger commercial properties, financing options for apartments remain favorable, and he concluded by sharing resources for both active and passive investment opportunities.
Find Michael here: https://nighthawkequity.com
Sign up for his Free Training here: https://apartments101.co
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Martin Armstrong discussed the political climate during Trump's administration, focusing on the accountability of government agencies and the judicial system. Marty criticized organizations like NATO for their diminishing relevance and highlighted systemic corruption within the banking sector, noting the lack of consequences for financial institutions. He expressed concerns about the judicial system, particularly in the Southern District of New York, and drew parallels between his legal challenges and the treatment of January 6 defendants. Both speakers emphasized the need for judicial reform, citing the inadequacies of public defenders and the challenges faced by individuals seeking fair legal representation.
Marty also shared insights on economic strategies, expressing skepticism about cryptocurrencies and projecting a stock market target of 65,000 by 2032. He highlighted the U.S. government's significant debt burden and proposed innovative solutions, such as issuing stock investment certificates to manage this debt. Marty warned that current borrowing practices are inflationary and detrimental to the economy, advocating for a reduction in government debt to lower mortgage rates and stimulate private sector investment. The discussion extended to the economic crisis in Europe, the implications of the Ukraine conflict, and the potential impact on gold prices, with both speakers expressing anticipation for future economic developments.
Find Martin here: https://www.armstrongeconomics.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Jason Hartman expressed optimism regarding the new administration's leadership and its potential to positively impact the economy, despite acknowledging short-term disruptions for certain sectors, particularly low-end property landlords and employers dependent on immigrant labor. He argued against the belief that only immigrants can fill specific jobs, asserting that citizens would take these roles if offered fair wages. The discussion also critiqued Joe Biden's leadership, particularly concerning the end of the Afghan war and various crises, while some participants reflected on Donald Trump's growth as a leader, despite concerns about his connections to tech oligarchs and the influence of the military-industrial complex.
The group explored various economic topics, including the idea of offering bounties for reporting illegal immigrants, which raised concerns about fostering a culture of snitching. They also discussed the potential for a federal tax amnesty and the current state of cryptocurrencies, with a particular focus on Bitcoin as a standout asset. The conversation highlighted challenges in the real estate market, including a housing shortage and rising construction costs, while participants expressed uncertainty about market trends.
Additionally, advancements in AI were discussed, with optimism about their potential to enhance living standards across socioeconomic backgrounds, despite the psychological challenges posed by rapid change. Jason concluded with insights on expected economic conditions and encouraged listeners to engage with his content for further information.
Find Jason here: JasonHartman.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Anthony Saccaro discussed the Federal Reserve's current pause on interest rate changes amid ongoing inflation concerns, with Saccaro noting that the Consumer Price Index (CPI) may not fully reflect real inflation due to its exclusion of essential expenses. They emphasized the importance of fiscal policy in conjunction with monetary policy to manage inflation and highlighted the need for reducing government waste. The conversation shifted to the impact of AI on productivity, particularly in the pharmaceutical and legal sectors, where Lutz shared his experience of using AI to significantly reduce contract analysis time.
While both acknowledged AI's efficiency, Saccaro raised concerns about its potential to displace jobs and diminish critical thinking skills in students. They also discussed the economic outlook, with Saccaro suggesting a likely market increase by year-end but cautioning about recession risks, particularly for those nearing retirement. He recommended dollar-cost averaging for younger investors and portfolio adjustments for older individuals, concluding with details on how to access Saccaro's financial services.
Find Anthony here: https://anthonysaccaro.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Cliff Nottenmacher discussed the food franchise sector, highlighting the gap between consumer intentions to eat healthily and their actual choices, which often lean towards fast food. Cliff noted that despite a rising demand for clean, non-GMO food, many consumers continue to patronize quick service restaurants, as demonstrated by McDonald's strong performance. He emphasized the economic challenges of healthy eating, which can be prohibitively expensive for many.
The conversation also addressed the restaurant industry's struggles post-COVID-19, including inflation, labor costs, and supply chain issues that have affected profitability across various dining formats. Cliff pointed out a shift in the quick service restaurant model towards grab-and-go services, facilitated by AI and mobile apps, while Kerry critiqued Starbucks for losing its community appeal.
The discussion expanded to various industry trends, including the challenges men face today, such as declining testosterone levels and a lack of practical skills. Cliff identified lucrative opportunities in home services, pet care, and child enrichment programs, while also noting the impact of aging baby boomers on markets like mobility and assisted living. He advocated for a return to practical skills education in schools, emphasizing the need for parents to teach essential life skills.
Cliff shared his investment philosophy focused on low initial investments and high profit margins, expressing a preference for non-location-centric businesses. He highlighted the persistent dissatisfaction in the residential cleaning sector and suggested that commercial cleaning might offer better prospects. Finally, Cliff presented home services as a top investment choice, predicting significant revenue potential and cautioning about the future of white-collar jobs in light of AI advancements.
Find Cliff here: https://franocity.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Lloyd Chapman discussed the critical challenges facing small businesses in America, emphasizing their role as 99.9% of U.S. companies and their importance for job creation and economic stability. Chapman criticized the Small Business Administration's (SBA) budget for 2024, the lowest in 40 years, and expressed concern over the misallocation of federal contracts, which often favor large corporations at the expense of small businesses. He highlighted the SBA's contracting program as essential for economic stimulus, noting that a 1% increase in small business contracts could create 100,000 new jobs.
Chapman argued that a full allocation of 23% of federal contracts to small businesses could generate 2 million new jobs annually and pointed out the inequity in contract distribution, particularly affecting women-owned businesses. He urged for greater advocacy for small businesses and encouraged individuals to engage with their representatives to promote pro-small business initiatives, while Lutz supported Chapman's views and encouraged listeners to connect with him.
Find Lloyd here: https://dontcheatwomen.com and here: https://ASBL.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Eddy Gifford discussed the recent better-than-expected CPI numbers, which have contributed to a market rally, while noting that inflation remains above the Federal Reserve's target. He expressed cautious optimism about potential positive changes from the new administration but warned of initial difficulties, likening economic adjustments to the challenges of starting a diet. Gifford and Kerry Lutz analyzed the market outlook, predicting a possible 10% to 15% pullback and highlighting concerns over elevated stock valuations and changing recession definitions affecting investor sentiment.
They acknowledged Trump's proactive approach with executive orders and his improved strategic capabilities following past challenges. Gifford advised investors to adhere to their investment plans, continue investing in equities with an exit strategy, and eliminate high-interest consumer debt to enhance financial flexibility and long-term growth potential.
Find Eddy here: https://tactivewealth.com/
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz and Dan Novaes discussed the implications of Bitcoin surpassing $100,000 and the launch of a meme coin associated with Trump, highlighting the U.S. administration's goal to establish the country as a leader in the cryptocurrency sector. Dan proposed creating a strategic Bitcoin reserve akin to the gold standard and noted the potential benefits of not taxing gains on U.S.-based cryptocurrencies to attract global companies. They also examined the roles of gold and Bitcoin as investments, with Dan asserting that Bitcoin's growth potential is significant, especially as wealth shifts from older to younger generations, despite a recent discovery of a large gold reserve in China that could affect gold prices. The conversation also touched on the rise of meme coins, particularly the Trump meme coin, which has gained value rapidly, and Dan expressed optimism about the crypto market's continued growth and its implications for future financial strategies.
Find Dan here: https://www.modemobile.com
Find Kerry here: http://financialsurvivalnetwork.com/ and here: http://inflation.cafe
Kerry Lutz and Elliot Kallen discussed the current economic climate, emphasizing the disconnect between official inflation statistics and the real experiences of consumers. Kallen highlighted significant price increases in essential goods, such as food and wine, arguing that reported inflation figures do not reflect the reality faced by average consumers. They also addressed the economic impact of California's wildfires, suggesting that these events could have broader implications.
The conversation shifted to the U.S. national debt, with Kallen warning that it could become unmanageable, affecting the Treasury market and inflation rates. Lutz stressed the importance of fiscal discipline and the potential need for government spending cuts, while both acknowledged the challenges of achieving budget reforms in a politically charged environment.
In terms of investment strategies, Kallen recommended a cautious approach, favoring short and mid-term corporate bonds and selective technology investments, while advising against long-term bonds and the electric car industry. He expressed optimism about the U.S. Defense sector and oil-related investments, while also discussing the real estate market's potential recovery as interest rates decline. Kallen provided insights on the cryptocurrency landscape, indicating that a crypto dollar could change demand dynamics for Bitcoin, and he advised caution regarding precious metals unless geopolitical events drive demand.
They also speculated on Tesla's future, with Kallen forecasting a sale to a consortium within three years, while Lutz contended that Elon Musk would retain control. The discussion concluded with a focus on the implications of self-driving technology for jobs and unions, and both expressed interest in future conversations.
Tom DiLorenzo and Kerry Lutz discussed the significant influence of Mises.org, which attracts over three million annual readers and fosters interest in libertarian principles, particularly among youth. DiLorenzo highlighted the role of professors in introducing students to Mises' writings and provided an overview of the Austrian School of Economics, emphasizing its focus on human action and market efficiency. They also critiqued government inefficiencies, particularly in the context of California's infrastructure failures during crises, contrasting it with more effective governance in states like Florida. Both expressed frustration with the state's political leadership, particularly Governor Newsom, for inadequate disaster management.
The conversation further delved into the manipulation of economic statistics by politicians, with Lutz and DiLorenzo asserting that the true state of inflation and employment is often misrepresented. They discussed the necessity for government to adapt to technological advancements, citing historical examples of successful transitions in various industries. DiLorenzo reflected on the impact of automation on jobs, drawing parallels to past technological shifts.
Additionally, they examined Mises' views on limited government functions and critiqued military interventions that disproportionately benefit a select few. The discussion highlighted the complexities of economic and military actions throughout history, underscoring the need for a more realistic understanding of these issues.
Find Tom here: http://mises.org
Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
Kerry Lutz interviewed Tom Wall about retirement planning, highlighting the psychological barriers retirees face in spending their savings due to fears of depleting their funds, which can diminish their retirement experience. Tom advocated for life insurance and annuities as tools to ensure a guaranteed income stream and mitigate financial risks, recommending mutual life insurance companies for their policyholder-centric approach and historical reliability. He discussed the role of permanent death benefits in his financial strategy, emphasizing their importance in providing for his spouse and leaving a legacy for his children, which allows for higher-risk investments without compromising family security. Both Kerry and Tom noted the long-standing reliability of these financial products, which offer bond-like returns with lower risk and volatility, and stressed the necessity of understanding their contractual nature to effectively manage investment risks.
Find Tom's Book here: https://permissiontospend.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Gwen Preston, Communications VP at West Red Lake Gold (WRLGF 🇺🇸- WRLG 🇨🇦)gave us a sponsor update after releasing its pre-feasibility study (PFS) for the Madsen Mine restart in Ontario.
Key points:
•• Ultra-Conservative PFS Results 🛡️
: The study uses a low cut-off gold price of $2,200/oz (well below the current price of $2,675+), showing 6+ years of production at nearly 70,000 ounces per year with an impressive 255% IRR! 📈
•• Imminent Production: Bulk sample processing begins in March 2025, with full production expected by the end of Q2 2025.
•• Major Upside Potential : Higher tonnage and longer mine life are expected beyond the conservative PFS, with potential cost savings and increased production efficiency.
•• Funding Secured : A $35M US debt facility ensures finances are in place to make the restart a success. ••
Leadership Excellence 🛠️: CEO Shane Williams is spearheading his 6th successful mine restart, showcasing hands-on expertise.
The Madsen Mine is now poised for a profitable return to production; Gwen describes how the team continue to meet the challenges to turn this high-grade underground gold mine into a world-class operation. 🌍
👉 For updates and news, visit https://WestRedLakeGold.com
Disclaimer: West Red Lake Gold Mines has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in West Red Lake Gold Mines' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. FSN receives remuneration of three thousand usd. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
Gwen Preston, Communications VP at West Red Lake Gold (WRLGF 🇺🇸- WRLG 🇨🇦)gave us a sponsor update after releasing its pre-feasibility study (PFS) for the Madsen Mine restart in Ontario.
Key points:
•• Ultra-Conservative PFS Results 🛡️
: The study uses a low cut-off gold price of $2,200/oz (well below the current price of $2,675+), showing 6+ years of production at nearly 70,000 ounces per year with an impressive 255% IRR! 📈
•• Imminent Production: Bulk sample processing begins in March 2025, with full production expected by the end of Q2 2025.
•• Major Upside Potential : Higher tonnage and longer mine life are expected beyond the conservative PFS, with potential cost savings and increased production efficiency.
•• Funding Secured : A $35M US debt facility ensures finances are in place to make the restart a success. ••
Leadership Excellence 🛠️: CEO Shane Williams is spearheading his 6th successful mine restart, showcasing hands-on expertise.
The Madsen Mine is now poised for a profitable return to production; Gwen describes how the team continue to meet the challenges to turn this high-grade underground gold mine into a world-class operation. 🌍
👉 For updates and news, visit https://WestRedLakeGold.com
Disclaimer: West Red Lake Gold Mines has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in West Red Lake Gold Mines' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. FSN receives remuneration of three thousand usd. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
Kerry Lutz introduced the topic of the recent decision to remove medical debt from credit reports, emphasizing its significance for consumers. Paul Oster elaborated on the positive implications of this change, noting that it will benefit approximately 15 million Americans by potentially increasing their credit scores by an average of 20 points. He clarified that this initiative does not eliminate or forgive medical debt but prevents it from adversely affecting credit ratings. Oster highlighted the broader economic context, including rising costs and higher interest rates, suggesting that this change could lead to more mortgage approvals and stimulate the housing market.
Oster also discussed the ongoing challenges consumers face, particularly regarding affordability and persistent inflation, which may take longer to resolve than expected. He encouraged consumers to check their credit reports weekly through the official site, annualcreditreport.com, and to focus on maintaining a credit utilization ratio below 30%. Oster recommended strategies for debt elimination, such as analyzing personal finances, creating a household budget, and utilizing tools like Mint.com to identify savings opportunities.
He emphasized the importance of paying down credit card debt for better financial returns and shared insights on how credit scores are influenced by payment history and utilization ratios. Throughout the discussion, Lutz engaged with Oster, expressing shared concerns about the unpredictability of credit scoring algorithms.
Find Paul here: betterqualified.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz hosted John Grace from Investor's Advantage Corp. to discuss the stock market's recent performance and future trends, noting the market's two consecutive years of over 20% gains while cautioning against complacency due to historical market cycles. John emphasized the importance of preparing for both gains and losses, particularly as demographic shifts and increasing withdrawal rates from retirement accounts could impact market dynamics. He illustrated the need for proactive risk management through personal anecdotes and historical references, urging investors to learn from past downturns.
Additionally, John highlighted sectors expected to perform well, such as real estate and data center infrastructure, and stressed the importance of diversifying investment portfolios, citing Yale's strategy of limited exposure to U.S. stocks. He concluded by offering a complimentary consultation for financial planning and investment strategies.
Find John here: Investors Advantage
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz hosted Jeffrey Hossler to discuss his book "Are You Ready? ", which was inspired by a transformative spiritual experience and completed in just 24 hours. The book features 13 chapters focused on the theme of readiness for personal growth and spiritual ascension.
Hossler, a former high school math teacher with a deep interest in spirituality, shared insights about his energy work practices, including Reiki and chakra clearing, emphasizing the importance of individuals being prepared to receive energy for effective transformation. He noted that this energy can enhance intuition and alleviate physical and emotional burdens, but the sustainability of these benefits depends on the individual's commitment to their spiritual journey. Hossler also highlighted the potential for individuals to develop new abilities, such as increased empathy or telepathy, as they engage with this energy, encouraging curiosity and exploration to elevate collective consciousness.
Find Jeffrey's Book here: Are You Ready???
Email Jeffrey here: JeffreyHossler@gmail.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Brian Reisinger discussed the challenges small family farms face, particularly due to government regulations and increasing compliance costs, which are exacerbated by tight profit margins, especially for Amish farms. They highlighted the rising consumer demand for organic and healthy food as a potential opportunity for farmers to pivot towards more profitable crops, while emphasizing the need for a stronger local food movement and regional economies to facilitate this transition. Reisinger pointed out that the traditional food system is struggling to provide affordable food due to rising prices and supply chain vulnerabilities, worsened by the concentration of food production.
He noted that technology could either support small farmers or marginalize them further, advocating for scale-neutral technology that benefits farms of all sizes. Reisinger concluded with optimism about the potential for nearly 2 million small family farms to succeed if provided with appropriate entrepreneurial opportunities.
Find Brian here: https://www.brian-reisinger.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Jim Welsh discussed the economic outlook for the upcoming year, focusing on the implications of President Trump's expected policies. Jim highlighted the optimism surrounding pro-growth initiatives, particularly in energy, but cautioned that the timeline for achieving these goals might lead to initial disappointment. He noted that oil companies have shifted their focus to shareholder returns rather than exploration, which could hinder Trump's plans for increased oil production.
Both speakers acknowledged the public's hope for improvements in living costs, while recognizing that immediate results may not align with those expectations. They also addressed potential challenges for Republicans in 2025 due to their slim House majority and the enduring philosophies within government agencies, despite changes in leadership.
The conversation also covered economic indicators, with Kerry presenting data showing an increase in the U.S. share of global GDP, attributed to the country's innovation capabilities. However, Jim raised concerns about the national debt, which has reached a deficit of 6.4% of GDP, and warned that efforts to reduce it could slow economic growth, posing a political risk. He predicted a decrease in inflation over the next few months and expressed caution regarding the equity market, suggesting a potential correction.
Additionally, Jim discussed the complexities of trade negotiations under Trump's administration, forecasting a decline in the dollar index and its impact on treasury yields. He concluded by emphasizing the interconnectedness of these economic factors and their significance for investors.
Find Jim here: MacroTides.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
We just received CEO Shawn Khunkhun’s latest sponsor update on Dolly Varden Silver (🇺🇸DOLLF -- 🇨🇦DV), further underscoring why it is a standout in the silver exploration space.
Shawn highlighted several key points that make Dolly Varden unique:
• Exceptional Silver Results: Recent assays revealed nearly 400 grams per ton of silver over 20 meters, ranking Dolly Varden among the world's top-tier silver projects.
• Rich History and Growth Potential: Situated in British Columbia's Golden Triangle, Dolly Varden boasts a historic mine and significant potential for multiple 50-million-ounce silver deposits along a 15-kilometer trend.
• Innovation in Mining: The team employs advanced directional drilling techniques, saving over $1.5 million in 2024 while achieving unmatched precision and efficiency.
• Strong Financial Position: With $32M in the bank, Dolly Varden is fully funded for its ambitious 2025 plans, including a 40,000-meter drill program. Shawn also discussed the growing global demand for silver, especially in industrial applications, and Dolly Varden’s advantage as one of the few companies exploring high-grade, pure silver in a secure jurisdiction. As the silver market faces a multi-year deficit,
Shawn predicts a breakout year in 2025 for the metal and believes Dolly Varden investors will benefit as well.
📈 Stay Updated: Visit https://DollyVardenSilver.com and subscribe for updates. DisclaimerThis interview is sponsored by Dolly Varden Silver, and Financial Survival Network has received payment to conduct this interview of thirty-one hundred and fifty dollars. The information provided in this video is intended for informational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. While we strive to ensure the accuracy of the information presented, we make no guarantees or representations as to its completeness, accuracy, or reliability. Viewers are strongly advised to conduct their own research, carefully review the information presented, and consult with professional investment advisors and financial counselors before making any investment decisions. The insights shared in this video are based on the perspectives and opinions of the interview participants and should be used at your own risk. Investing involves risk, including the potential loss of principal, and past performance is no guarantee of future results.
Kerry Lutz and Jamar James discussed the expansion of the cryptocurrency market and Wall Street's growing involvement, highlighting the potential for mass adoption under the new administration's pro-crypto stance and the development of innovative financial products like Bitcoin-integrated life insurance. They addressed regulatory challenges, particularly in tax collection on crypto gains, noting the difficulties posed by privacy coins such as Monero. Lutz shared his market predictions, estimating a potential crash between 135,000 to 150,000, while reflecting on the downfall of Sam Bankman-Fried as a setup rather than criminal activity.
The duo analyzed Bitcoin's market dynamics, considering the impact of high-frequency trading on price fluctuations and emphasizing Bitcoin's advantages over gold as a store of value. They also examined the effects of technology on employment, particularly the replacement of blue-collar jobs by automation, and discussed rising food prices and potential shortages that could lead to crypto asset sales. Jamar introduced his AI trading report to assist individuals in navigating the stock and crypto markets, concluding with a commitment to monitor significant developments in the crypto space.
Find Jamar here: https://www.dcgelite.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz welcomed attorney Parag Amin to discuss the legal implications of failing to pay minimum wage in California, emphasizing the severe financial repercussions for employers, including back pay, interest, and attorney fees, which can accumulate rapidly with multiple employees. Parag highlighted the role of the Private Attorney General Act, which enables private attorneys to sue on behalf of the state, leading to significant penalties for non-compliant employers and financial recovery for affected employees. He noted California's economic strengths but acknowledged that its regulatory policies have prompted a business exodus, contrasting its growth with that of states like Texas and Florida, which offer more favorable conditions.
Lutz raised concerns about wage compliance risks, to which Parag responded that paying above minimum wage does not exempt employers from liability for unpaid hours. He also discussed the challenges posed by Assembly Bill 5 regarding worker classification, warning that misclassification can lead to serious financial consequences, including ongoing liabilities even after bankruptcy.
Find Parag here: www.lawpla.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Anthony Saccaro discussed the recent Federal Reserve rate cut and its immediate impact on the stock market, which initially rose but then fell due to the Fed's hawkish stance on future interest rates. Saccaro highlighted that despite the market's volatility, strong economic indicators such as a 3.1% GDP growth and a solid labor market suggest a positive outlook. He also noted that international instability might drive more investment into the U.S., potentially strengthening the dollar. The conversation touched on differing political perspectives regarding the economic outlook under the current administration, with Saccaro expressing concerns about the market's cyclical nature and the risks faced by older investors.
The discussion shifted to advancements in AI, particularly Tesla's self-driving technology, and the challenges investors face in identifying successful AI companies. Both Lutz and Saccaro acknowledged AI's potential to enhance productivity while also raising concerns about job displacement and the authenticity of AI-generated content. They also addressed the implications of government inefficiencies and the need for balanced regulation.
Saccaro expressed worries about technological vulnerabilities and the increasing reliance on AI, predicting a shift in how information is accessed. The meeting concluded with a call for audience engagement on their experiences with AI, emphasizing the importance of human oversight in its application.
Find Anthony here: https://anthonysaccaro.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and David Stryzewski discussed the current political and economic climate, noting a shift in sentiment following the recent election. Analysts like Gerald Celente and Martin Armstrong have expressed optimism about future growth, with Stryzewski highlighting the "Trump bump" effect that could lead to economic expansion through government efficiency and tax cuts. While markets are at all-time highs, concerns about persistent inflation were raised, particularly with a potential resurgence by 2025. Lutz emphasized the desire among leaders to streamline government operations, referencing Argentina's aggressive spending cuts as a significant example of potential reform.
The conversation also touched on the implications of political changes for national identity and societal values. Stryzewski called for a national revival, urging elected officials to prioritize public interests. He raised concerns about the Federal Reserve's ability to manage interest rates and inflation effectively, suggesting that the 2% inflation target may be unrealistic.
Both speakers acknowledged the transformative potential of AI, with Stryzewski noting its role in manufacturing and healthcare, while Lutz shared positive experiences with Tesla's Full Self-Driving technology. Despite skepticism about AI's impact on job creation, there was a shared optimism about its future influence on daily life and the economy.
Find David here: http://myspg.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Ted Thatcher joined Kerry Lutz to discuss his book, "Launch Your Retirement," which provides guidance for individuals transitioning from saving to spending in retirement, targeting those with established nest eggs looking to replace their income. He outlined a five-pillar process for retirement planning, emphasizing income planning, investment strategy, and tax strategy, while highlighting the significant impact of taxes on retirees' finances. Ted criticized Congress for its reluctance to cut spending, particularly regarding Social Security, and pointed out the need for regulatory reductions to foster economic growth, while both he and Kerry acknowledged the challenges of reducing government expenditures due to corruption in defense contracts.
They also discussed the evolving nature of Bitcoin, noting its transition to a legitimate investment despite its volatility, and advised a cautious investment approach. The conversation concluded with a reminder about accessing Ted's book for further insights on retirement planning.
Find Ted here: https://www.brightlakewealth.com/
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Alan Hibbard expressed his view that Bitcoin is akin to gold, serving as a superior asset for long-term value preservation, with its rising price reflecting growing recognition of its monetary worth. He suggested that Bitcoin could become the primary unit of measurement, overshadowing traditional fiat currencies, which tend to devalue over time. During a discussion with Kerry Lutz, they analyzed Wall Street's evolving acceptance of Bitcoin and cryptocurrencies, noting the rapid growth of Bitcoin ETFs and the associated risks, including fraud and asset verification challenges, emphasizing the need for investor due diligence.
They also addressed widespread dissatisfaction with global governments, highlighting economic instability and broken promises that leave citizens feeling insecure, while acknowledging a few exceptions in leadership. Additionally, they explored the connection between gambling and the financial system, noting that economic pressures drive individuals to gamble, with the cryptocurrency market resembling a casino. Hibbard shared his investment strategy focused on gold, silver, and Bitcoin to mitigate risks, while both acknowledged the unpredictable nature of the financial landscape ahead.
Find Alan here: goldsilver.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Mark Mix discussed the evolving landscape of labor representation, highlighting the Republican Party's emerging role as a voice for the working class. They criticized a recent contract permitting Social Security Administration workers to telework for four years, arguing it compromises government efficiency and accountability, especially given that only 10% of government office spaces are utilized, which raises concerns about taxpayer waste. The potential for union litigation over remote work policies and the negative economic impact on local businesses reliant on government worker foot traffic were also noted. NRTW raised issues regarding the monopoly power of union officials in the public sector, referencing historical opposition to government unionization and the financial struggles of states like California, New York, and Illinois.
The discussion included the benefits of right-to-work laws, which promote accountability among union officials and attract economic development. Lutz compared the budgets of Florida and New York, emphasizing Florida's lower tax burden and strong rainy day fund, while NRTW suggested that right-to-work states may gain electoral votes as people migrate for better economic conditions.
Find Mark here: https://www.nrtw.org and here: https://www.nrtwc.org
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Andrew Horowitz discussed various investment strategies, emphasizing the importance of discipline for long-term financial success. Andrew highlighted the often-overlooked growth potential of 401k plans, likening it to a "Sleeping Beauty" concept, and stressed the benefits of tax-deferred compounding. He encouraged individuals to consider their retirement contributions as the year ends and mentioned the super catch-up contribution for those aged 60 to 63. The conversation also delved into the complexities of traditional versus Roth IRAs and the uncertainties surrounding future tax rates.
The discussion shifted to the potential elimination of federal income tax under the Trump administration, with Lutz suggesting alternative revenue sources like tariffs and national sales tax. Andrew expressed skepticism about these measures due to the current national debt and emphasized the need for tax system simplification. They also examined the economic implications of national debt on personal financial growth and discussed inefficiencies within Medicare and Social Security, particularly regarding fraud and waste.
Lutz and Andrew explored health awareness in the U.S., linking chronic diseases to lifestyle choices and advocating for educational programs on the long-term health impacts of food choices. They noted a trend towards healthier dining options, which could present investment opportunities. The conversation also touched on weight loss drugs, with Andrew expressing concerns about their long-term safety and Lutz sharing his personal success with weight loss through a combination of medication and a healthy lifestyle. They discussed the evolution of food products and their effects on satiety.
The transformative potential of AI across various sectors was a significant focus, with Andrew outlining its impact on healthcare, customer service, and the legal field. He highlighted AI's ability to improve diagnostic processes and streamline legal challenges, while also addressing concerns about job displacement in the technology sector. Lutz expressed enthusiasm for Tesla's advancements in self-driving technology but raised questions about its stock valuation amid potential regulatory changes. The meeting concluded with insights on investment strategies related to AI, identifying key companies and emphasizing the importance of conservative investments in utilities.
Find Andrew here: https://thedisciplinedinvestor.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Gerald Celente reviewed recent election forecasts, noting inaccuracies in their predictions due to the unexpected impact of the Roe versus Wade issue on the midterm elections. Celente highlighted the paradox of high inflation and low approval ratings for President Biden, yet the Republicans faced challenges. He discussed Trump's favorable public perception and the uncertainty surrounding his economic strategies, particularly regarding tariffs and the dollar's strength, emphasizing that a stronger dollar typically results in lower gold prices. Both Lutz and Saliente agreed that lower interest rates would be essential for economic growth, which could potentially lead to inflation.
The discussion shifted to presidential impoundment authority, with Kerry questioning Congress's willingness to challenge the president's budgetary decisions. Gerald responded by indicating that the political landscape favors the wealthy, limiting the general populace's influence. They addressed global economic challenges, including unrest in France and a recession in Germany, while predicting that Trump would have significant power to implement his agenda. The conversation also touched on tariffs, with both Lutz and Celente supporting protective measures to shield American labor and industry from the adverse effects of free trade.
Concerns about immigration were raised by Lutz, who argued that current open-border policies lack adequate vetting and could pose security risks. Celente elaborated on the economic motivations behind immigration, noting that businesses often seek cheap labor. They also discussed the historical context of immigration laws and the demographic shifts in the labor market, particularly in construction.
Additionally, Gerald analyzed the U.S.'s self-sufficiency capabilities amidst global economic downturns, criticized past political decisions regarding China's WTO entry, and highlighted the potential of cryptocurrencies, particularly Bitcoin, as an investment alternative amid high inflation in other countries. The meeting concluded with discussions on the societal impacts of technology, health issues related to diet, and the influence of profit motives in politics.
Find Gerald here: https://trendsjournal.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry sits down with Michael Moor of https://mooranlytics.com to analyze key market trends and investment strategies. Download the charts using by clicking here.
- Gold: The market has turned bearish after a peak at $2,560. Michael highlights critical price levels to watch for a potential shift in outlook.
- S&P 500: Holding firm at a macro exhaustion level of 3,502, the S&P 500 shows bullish potential with further gains possible if key formations are surpassed.
- Bitcoin: After hitting a recent high of $108,960, Michael advises caution due to potential bearish corrections if prices dip below crucial support. Long-term, however, the outlook remains bullish. He also explores the benefits of mini and micro futures as accessible options for Bitcoin trading, emphasizing the importance of technical analysis over fundamental analysis.
- Crude Oil: A bullish breakout above $68.85 signals potential strength, but Michael predicts a decline in energy prices due to increased domestic production. The discussion also touches on the impact of different administrations' policies on oil production growth.
The interview concludes with a look at energy independence and the limited role of the strategic oil reserve in ensuring long-term energy security.
For detailed market insights, visit https://mooranlytics.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
We received a strong sponsor update from Ivan Bebek, CEO of Coppernico Metals (🇺🇸CPPMF -- 🇨🇦COPR), concerning the latest exploration developments in their Sombrero project. Ivan has been buying Coppernico shares of late because he believes it's extremely undervalued.
He's quite optimistic about their systematic drilling approach because of the immense potential of the scarn system they've uncovered. Key highlights: Strategic Drilling Progress: With 12 holes drilled, the team is honing in on 2 of the most promising targets.
The next four holes are expected to be pivotal in unlocking significant discoveries. Encouraging Results: Ivan discusses the recent discovery of 20 meters of 0.5% copper, highlighting its importance for future drilling plans.
Expanded Permits: Coppernico has applied to expand its drill permits to 200 holes, enabling accelerated exploration and further de-risking the project.
Strong Financial Position: With 18 months of working capital and funding for 30 holes, the company is well-positioned to weather current market conditions and capitalize on future copper price increases.
Insider Confidence: Ivan has recently purchased 350,000 shares, signaling his strong belief in the project’s potential.
Institutional Interest: Major shareholder Tech Resources holds a 9.9% stake, and multiple confidentiality agreements have been signed with interested parties.
Ivan emphasizes the significance of their disciplined approach, maintaining financial flexibility while advancing exploration.
The company also recently secured an OTCQB listing under the ticker CPPMF, improving accessibility for U.S. investors. As copper demand continues to outpace supply, Copernico Metals is poised for success with its high-grade exploration projects. Stay tuned for assay results and updates on their aggressive drilling campaign in early 2025. For more information, visit https://CoppernicoMetals.com and subscribe for updates.
*Disclaimer: Coppernico Metals has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in Coppernico Metals' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
We received a strong sponsor update from Ivan Bebek, CEO of Coppernico Metals (🇺🇸CPPMF -- 🇨🇦COPR), concerning the latest exploration developments in their Sombrero project. Ivan has been buying Coppernico shares of late because he believes it's extremely undervalued.
He's quite optimistic about their systematic drilling approach because of the immense potential of the scarn system they've uncovered. Key highlights: Strategic Drilling Progress: With 12 holes drilled, the team is honing in on 2 of the most promising targets.
The next four holes are expected to be pivotal in unlocking significant discoveries. Encouraging Results: Ivan discusses the recent discovery of 20 meters of 0.5% copper, highlighting its importance for future drilling plans.
Expanded Permits: Coppernico has applied to expand its drill permits to 200 holes, enabling accelerated exploration and further de-risking the project.
Strong Financial Position: With 18 months of working capital and funding for 30 holes, the company is well-positioned to weather current market conditions and capitalize on future copper price increases.
Insider Confidence: Ivan has recently purchased 350,000 shares, signaling his strong belief in the project’s potential.
Institutional Interest: Major shareholder Tech Resources holds a 9.9% stake, and multiple confidentiality agreements have been signed with interested parties.
Ivan emphasizes the significance of their disciplined approach, maintaining financial flexibility while advancing exploration.
The company also recently secured an OTCQB listing under the ticker CPPMF, improving accessibility for U.S. investors. As copper demand continues to outpace supply, Copernico Metals is poised for success with its high-grade exploration projects. Stay tuned for assay results and updates on their aggressive drilling campaign in early 2025. For more information, visit https://CoppernicoMetals.com and subscribe for updates.
*Disclaimer: Coppernico Metals has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in Coppernico Metals' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
Chris Berlin shared his personal journey into cryptocurrency, detailing his initial experiences with Bitcoin on the Silk Road and his return to the space in 2020, inspired by the digital art movement. He highlighted the transformative potential of blockchain technology for artists, allowing them to connect directly with collectors and track their work, thus enhancing their marketing capabilities. The discussion also touched on the evolving narrative surrounding cryptocurrency, particularly with the potential for a new presidential administration to positively influence public perception, despite ongoing negative rhetoric from some politicians. Participants expressed confidence in the crypto revolution, with predictions for Bitcoin's price reaching as high as $800,000 by 2025, driven by increased global adoption and accessibility for small investors.
The conversation further explored the dynamics between Bitcoin and Ethereum, with Ethereum positioned as a key player in decentralized finance despite challenges like high gas fees. Optimism was expressed regarding Ethereum's potential price increase, alongside Bitcoin's anticipated growth influenced by new market cycles and artificial intelligence. The dialogue also addressed the rising interest in cryptocurrency from individuals outside the traditional crypto community, fueled by political changes and speculation about major companies launching their own cryptocurrencies.
Additionally, the discussion included the phenomenon of meme coins, their speculative nature, and the cultural significance of memes among younger generations. Concerns about Wall Street's influence on emerging markets were raised, alongside the importance of community engagement in the cryptocurrency space.
Find Chris here: https://www.chrisberlin.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kenneth Rapoza, representing the Coalition for Prosperous America, discussed the intricate relationship between immigration and the U.S. labor market, highlighting that while some companies depend on foreign workers to address labor shortages, illegal immigration can lead to wage stagnation and increased competition for housing, ultimately impeding economic growth. He expressed concerns about the Roosevelt Hotel's financial arrangements, suggesting that government subsidies for housing migrants could undermine its historical significance as an affordable establishment. Rapoza also addressed the potential for the Department of Justice to reduce regulations and government spending, noting the resistance from entrenched bureaucracies that complicate reform efforts, despite advocacy from figures like Elon Musk.
Find Kenneth here: https://prosperousamerica.org
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Ed Siddell discussed the implications of the 2.7% CPI figure, with Ed expressing concerns that true inflation is underestimated and may rise, referencing Janet Yellen's regrets about her previous comments on transitory inflation. They examined government spending, with Lutz proposing reductions in federal agencies and corporate welfare, while speculating on the potential use of presidential impoundment authority to control spending, which could lead to political conflict. Ed warned that reliance on government spending could result in market corrections and emphasized the need for a cultural shift in spending, criticizing the inefficiency of government workers.
They acknowledged the challenges of reducing government size and the risk of executive orders being reversed. Ed also highlighted the importance of creating job incentives during severance periods and expressed skepticism about immediate interest rate reductions due to ongoing inflation. He predicted market growth of 8 to 12% by the end of the next year, despite expected volatility, and discussed potential tax reforms, including the elimination of the IRS, which could positively impact the economy.
Find Ed here: https://egisfinancial.com/
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Todd Sheets and Kerry Lutz engaged in a discussion about Todd's book, "2008, What Really Happened," which examines the causes of the 2008 financial crisis. Todd challenges the common belief that deregulation was the main factor, emphasizing instead the significant impact of Fannie Mae and Freddie Mac's expansion. He highlights the lack of understanding among both consumers and financial institutions regarding the risks of various mortgage products. Additionally, Todd expresses concern over the current housing affordability crisis and warns of possible stagnation in home values, advising caution for potential homebuyers and those looking to leverage their home equity.
Find Todds book here: 2008: What Really Happened
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Dale Smothers discussed the recent PPI and CPI numbers, which surpassed expectations, raising concerns about a potential return to stagflation due to trade wars and labor market disruptions. Dale emphasized the necessity of government spending cuts and tax reductions to stimulate economic growth, while also addressing the high debt-to-GDP ratio and the public's likely resistance to budget cuts that impact individuals. He suggested that while Social Security should remain intact, there is room to eliminate waste in defense spending and reconsider foreign aid to non-aligned countries.
Both expressed skepticism about the Federal Reserve's ability to navigate the current economic landscape and discussed the market's sustainability, warning that negative reactions to potential pauses in rate cuts could trigger recession predictions. Dale advised investors nearing retirement to adopt conservative strategies, such as buffered ETFs, and noted the volatility of gold and the rising appeal of Bitcoin, underscoring the need for investors to secure their positions amid market uncertainties.
Find Dale here: https://rdsmotherswealth.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz talks with Craig Hemke from TF Metals Report about the latest developments in precious metals, Bitcoin, and the global economy. Craig explains the recent performance of gold and silver, with silver showing strong technical signals that could lead to institutional interest and future growth. He also discusses Bitcoin's climb past $100,000 and its role alongside precious metals as an alternative to fiat currencies. The discussion explores the challenges of managing government debt, the difficulties of cutting spending without harming GDP, and the risks associated with fiscal and monetary policy decisions. They address the increasing push for cashless societies and the potential implications of Central Bank Digital Currencies (CBDCs) on personal financial freedom.
Find Craig here: https://TFMetalsReport.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry was joined by renowned technical cycle expert Eric Hadik from Inside Track Trading. They dive deep into post-election market dynamics, exploring how recent events and historical cycles are shaping the outlook for key assets, including Bitcoin, gold, oil, interest rates, and the U.S. dollar.
Eric discusses the precision of his market predictions, such as Bitcoin's October-November surge and the S&P Midcap 400's performance into late November, providing insights into emerging trends. They examine the multi-year bull market in gold, the potential for a trading range before a breakout, and the cyclical nature of interest rates, forecasting a decline heading into 2025. The conversation also touches on the dollar's behavior under different administrations, highlighting its historical correlation with Republican and Democratic leadership.
In addition, they address oil's steady positioning and potential for a rally, as well as broader economic indicators pointing toward stagflation in the coming years. The discussion concludes with insights into the impact of artificial intelligence on markets, adding a thought-provoking angle to the analysis.
Eric Hadik’s technical cycle expertise provides invaluable insights into navigating today’s complex financial landscape. Whether you’re trading cryptocurrencies, watching gold, or following the dollar, this conversation offers actionable perspectives on what lies ahead.
Find Eric here: https://insiidetracktrading.com/
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz interviewed Casey Gregerson, who transitioned from a career in petroleum engineering to real estate investment. Casey shared his educational background in math and chemistry and recounted how his father encouraged him to invest in his first home while attending the University of Wyoming. He practiced house hacking by renting out rooms in his home, which sparked his interest in real estate.
Influenced by the book "Rich Dad, Poor Dad," he learned about assets and liabilities, leading him to expand his portfolio after refinancing his first property to purchase a second home. By making improvements, he increased the rental income significantly, leveraging equity to create additional cash flow.
Casey reflected on the contrast between his stable job at Shell and his entrepreneurial ventures in real estate, utilizing his time off to find fixer-uppers. He discussed challenges faced in 2017 when attempting to expand into higher price points, which resulted in financial losses due to miscalculations and contractor issues. Despite these setbacks, he emphasized the importance of starting early in real estate and recommended partnering with experienced investors to avoid common pitfalls. Casey highlighted the necessity of having multiple exit strategies for each property and concluded that a buy-and-hold strategy is a reliable method for building long-term wealth.
Find Casey here: https://caseygregersen.com/
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Paul Oster discussed the financial challenges associated with holiday shopping, particularly the risks of increased credit card usage and buy now, pay later options. They highlighted the likelihood of consumers facing a financial hangover in January due to overspending, which is often fueled by aggressive marketing strategies. Paul noted that many individuals still carry debt from the previous holiday season, contributing to a troubling trend of rising credit card debt.
Both emphasized the importance of setting a budget for holiday gifts and suggested that personalized, meaningful gifts could be a more thoughtful alternative to expensive items. They also provided strategies for those new to budgeting, including assessing monthly income, cataloging expenses, and the necessity of maintaining a 12-month emergency fund.
The conversation shifted to the implications of data security and financial regulations. Paul raised concerns about data brokers in the real estate sector who mishandle sensitive personal information, referencing a significant data breach that exposed millions of files. He noted that the Consumer Financial Protection Bureau is taking action against these brokers, particularly regarding mortgage applications.
Additionally, Paul criticized excessive financial regulations that hinder lending practices, arguing for a focus on consumer protection rather than corporate overreach. Both speakers discussed the potential for emerging payment technologies, like direct bank-to-bank transactions, to disrupt traditional credit card companies, suggesting that consumers should adopt more efficient financial practices to navigate the evolving landscape of payment processing.
Find Paul here: https://betterqualified.com/
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Sayam Ibrahim shared his personal journey from a challenging childhood as the son of Dominican and Ethiopian immigrants to achieving academic success at Georgetown University and a fulfilling career in real estate after leaving a demanding Wall Street job. He detailed his accomplishments in acquiring over 1,400 properties and building a rental portfolio of more than 600 doors, emphasizing the time freedom real estate offers and encouraging new investors to focus on finding good property deals. Sayam provided strategies for locating motivated sellers, such as targeting delinquent water and tax lists, which he found to be more effective than traditional MLS listings.
He also announced a free class on funding real estate transactions, inviting listeners to text HERO for access, and engaged with Kerry Lutz, who expressed interest in real estate and highlighted available resources. The discussion emphasized the accessibility of real estate investment opportunities, particularly in affluent areas.
Find Sayam here: https://www.instagram.com/iam.sayam/
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
We sat down with Shane Williams, CEO of West Red Lake Gold Mines (🇺🇸WRLGF -- 🇨🇦WRLG), for a significant update on the company’s journey to production and cash flow. Here's what we learned:
🔑 Upcoming Production Milestone West Red Lake Gold is set to restart its high-grade Madsen Mine in mid-2025, positioning itself as one of the few Canadian gold projects entering production during a period of rising gold prices. With potential gold prices reaching $3,000/oz, the timing couldn’t be better.
💡 Key Developments & Exploration Success Significant progress on capital projects, including the innovative connection drift to unify operations for efficiency and exploration. Exciting exploration results from the Upper 8 Zone, showcasing high-grade intersects (21+ g/t) that promise to add value to the mine’s overall grade of 7–11 g/t. The company is targeting annual production of 70,000 ounces at an AISC of $1,400/oz, offering a near 50% profit margin at current gold prices. Shane believes that the market has not yet factored this into the company's share price.
Click here to go to WRLG's site and receive notifications of the latest developments on the company's path to production.
**Disclaimer: West Red Lake Gold Mines has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in West Red Lake Gold Mines' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
Kerry Lutz and John Rubino analyzed the recent election, expressing relief over the absence of civil unrest and discussing the potential for significant policy changes under Trump's leadership. They emphasized the need to address government inefficiencies and cut corporate welfare, while also highlighting the looming financial crisis driven by high government debt. Rubino suggested that the administration's approach to this crisis will be crucial for defining Trump's next term, and they explored the possibility of a currency reset and a return to a gold standard as a viable solution. The discussion also touched on the state of healthcare in the U.S., with Rubino criticizing the food and pharmaceutical industries for contributing to poor health outcomes and advocating for scientific investigation into rising health issues.
The conversation shifted to social media dynamics, with Lutz noting Elon Musk's impact on Twitter's ideological balance and Rubino mentioning the rise of Blue Sky amidst censorship challenges. They discussed the implications of Trump's political influence on social media moderation and the potential revival of the impoundment power to selectively withhold federal spending. Lutz and Rubino also explored the relationship between diet, exercise, and healthcare costs, advocating for a focus on preventive measures and nutrition education to improve public health.
They concluded by discussing Trump's monetary strategies, suggesting that a shift in approach could stabilize the dollar and prevent its weaponization, while Lutz announced his upcoming book on Martin Armstrong's insights and their platform's growth ambitions.
Read Johns work here: Rubino.Substack.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Jefferson shared his journey in real estate investing, highlighting his initial accidental purchase of a rental property and his current average cash flow of $4,000 per month from his portfolio. He has shifted from single-family homes to multifamily properties, emphasizing the advantages of lower maintenance costs and reduced risk. His investment strategy involves creative financing and a strong focus on cash flow analysis. Additionally, Jefferson recommended house hacking as a viable option for new investors to lower living expenses while generating income.
Find Jefferson here: https://americanhomeconcepts.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Cliff Nonnenmacher shared his entrepreneurial journey, detailing his transition from managing a portfolio at Morgan Stanley to investing in a remanufacturing company for toner cartridges. He discussed his experiences in franchising, scaling 36 units, and focusing on turning around failing businesses in Florida, highlighting the importance of discipline and due diligence in investing. Cliff now runs a consulting firm, Frenocity, to assist investors in navigating franchise opportunities, while also criticizing corporate culture and diversity initiatives for contributing to workforce dissatisfaction.
The discussion then focused on the significance of experience and training in aviation, with Cliff using the example of successful emergency landings to emphasize the need for reliable metrics. Kerry Lutz supported this by referencing a seasoned pilot, discussing the evolution of training quality. They agreed on the importance of learning from past experiences to achieve success across various fields, including franchising. Cliff outlined essential considerations for potential franchisees, such as proof of concept and alignment with personal skills.
Cliff expressed concerns about the impact of artificial intelligence on industries like accounting and legal services, predicting challenges for businesses relying on third-party call centers. He advocated for local home service providers as stable investments and shared a personal success story involving AI in a legal process. Kerry discussed his transition to using AI tools for podcast production, highlighting the cost efficiency and productivity benefits, while both acknowledged the transformative potential of AI in their respective fields.
The conversation also covered societal issues, including the lack of practical skills among young people and the need for vocational education. Cliff and Kerry identified four key investment categories, including physical trades and the aging population, and discussed the biohacking industry. Cliff provided insights into his client demographics, emphasizing the financial capacity of clients looking to invest in franchises.
Find Cliff here: https://franocity.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Steve Selengut discussed income independence coaching, emphasizing the importance of minimizing financial risk and diversifying investments. Steve outlined his investment philosophy, advocating for a portfolio strategy that includes high-quality investments and active management to capitalize on profit opportunities. He provided insights into closed-end funds, highlighting their income-generating potential, typical distribution rates around 10%, and the necessity for thorough research.
Steve clarified the significance of purchasing funds at a discount, which varies based on market conditions, and likened his investment approach to managing a department store, where he actively adjusts positions based on performance. He targeted a 10% annual gain through capital gains and income distributions, stressing the importance of income during market downturns and the benefits of holding income-producing securities in a Roth IRA for tax-free growth.
Find Steve here: theincomecoach.net
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Dan Novaes, CEO of Immobile, expressed a positive forecast for Bitcoin, predicting it could reach $100K by year-end due to strong market trends and institutional interest, despite current retracement. He emphasized Ethereum's importance in the crypto ecosystem, noting its role in powering stablecoins and its growth potential as market liquidity increases. The need for regulatory clarity in the U.S. was highlighted to create a safer investment environment and address scams.
Kerry Lutz and Dan discussed the complexities of cryptocurrency ownership, particularly the issue of lost Bitcoin from forgotten keys, and the growth potential among younger generations. They also examined the influence of institutional interest and options trading on the market, considering the possibility of price manipulation and the U.S. government's impact through significant purchases.
Find Dan here: https://www.modemobile.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz hosted Dr. Thierry Malleret to discuss his novel "Deaths at Davos," a geopolitical thriller that explores themes of geopolitical risk and environmental sustainability through the lens of a fictional Ukrainian protagonist promoting her Reconstruct Ukraine fund at the World Economic Forum. Malleret clarified that while the book draws inspiration from his experiences at the Forum, it does not directly represent it and addressed conspiracy theories by emphasizing the Forum's role as a networking hub for global leaders rather than a site for secretive decision-making.
The conversation shifted to the art of storytelling, with both Lutz and Malleret highlighting its importance in human nature and investment contexts, while also noting the challenges authors face in gaining recognition.
Find Dr. Malleret here: http://www.monthlybarometer.com/
Find his book here: Deaths at Davos: Malleret, Thierry: 9782959293603: Amazon.com: Books
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Lark Davis discussed the recent surge in Bitcoin's price, which reached a new record of $85,000, attributing this increase to the Bitcoin halving that has reduced miner production and created a supply-demand imbalance, alongside significant purchases by Wall Street. They emphasized the emotional nature of Bitcoin trading, advising investors to act swiftly during market peaks while noting that buying during bear markets is more forgiving. The conversation also highlighted the cryptocurrency market's over 100% growth year-to-date, with a shift in interest towards newer coins and meme coins, despite the majority being scams.
Lark suggested that altcoins, particularly Ethereum, may outperform Bitcoin as it approaches higher price levels, and he recommended a cautious approach to investing in meme coins. Additionally, they noted the rapid corporate adoption of cryptocurrency, with examples like Sony's crypto chain and BlackRock's asset tokenization interest, and discussed the potential for major companies to issue their own coins, indicating a growing recognition of cryptocurrency as a serious investment asset class. Overall, both speakers expressed optimism about the future developments in the cryptocurrency space.
Find Lark here: https://thewealthmastery.io/
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Jerry Robinson engaged in a comprehensive discussion reflecting on their experiences in the financial sector since 2010, while analyzing the current political landscape and its implications for investment strategies. Robinson cautioned against emotional reactions to political changes, advocating for a disciplined approach to investment that prioritizes long-term strategies over short-term political outcomes. They both acknowledged that while some market sectors may benefit from a new administration, fundamental investment principles remain constant, regardless of political shifts.
The conversation also delved into the rise of Bitcoin, which has seen significant growth and institutional acceptance. Robinson highlighted Bitcoin's finite nature compared to traditional assets like gold and silver, predicting that both would thrive in the current economic climate. They discussed the potential for expansive government spending to further bolster these assets.
Additionally, Lutz proposed a shift from income tax to a consumption tax, a notion Robinson supported but warned could adversely affect a consumption-driven economy. They expressed concerns about the challenges of implementing such reforms and the potential burden on the American public.
The discussion further explored the economic landscape, particularly the impact of inflation on investments and the potential for credit rating downgrades in the U.S. Robinson raised alarms about a possible bubble in the cryptocurrency market, while Lutz shared his personal success with Bitcoin investments. They also touched on the implications of a Trump administration, predicting a loosening of financial regulations and the emergence of market bubbles. The conversation concluded with a bipartisan approach to cannabis legislation, emphasizing the need for regulation and public health measures over punitive actions for addiction, alongside Lutz's mention of his upcoming book and the importance of ongoing dialogue on these pressing issues.
Find Jerry here: https://followthemoney.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Michael Arries engaged in a multifaceted discussion covering the recent election, economic trends, and government spending. They expressed surprise at the absence of post-election disputes, noting that the markets had anticipated a different outcome, which resulted in rising stock prices and falling metal prices. Despite this, Lutz humorously critiqued the idea that economic issues like inflation and debt have been resolved, while both agreed that the decline in gold and silver prices is likely a temporary phenomenon within a broader upward trend. They also highlighted the persistent fundamental economic problems, emphasizing the need for drastic measures to address government spending and national debt, including the potential sale of federal real estate. The conversation further delved into the future of Social Security and Medicare, with Lutz voicing concerns while Arries reassured him about the stability of precious metals and their potential as alternative currencies. They discussed the implications of having figures like Elon Musk in charge of government expenditures, acknowledging the potential for long-term improvements but also the likelihood of short-term market instability and job losses. The complexities of transitioning to a consumption tax and tariffs were also considered, with both speakers recognizing the challenges of implementing significant economic reforms. The meeting concluded with a focus on the importance of insurance and problem-solving in business, particularly in light of health challenges, and the potential for reforms in government accountability. Find Michael here: https://mcalvany.com Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
In this interview, Kerry Lutz and Michael Pento delve into the pressing economic issues facing the U.S., covering everything from inflation to government spending. They break down how persistent inflation, a lack of liquidity in the bond market, and unchecked government spending are creating a potentially explosive financial situation. Pento criticizes the Federal Reserve's recent rate cuts despite high inflation, suggesting this decision favors Treasury solvency over middle-class stability. He warns that ongoing spending, regardless of political leadership, could lead to a bond market crisis and rising interest rates. The conversation also highlights concerns about manipulated economic data and the vulnerability of the middle class, where wealth concentration in the top quintile could spark social unrest. Pento and Lutz discuss the broader impact of government policies, touching on controversial topics like potential food bans and Big Pharma’s influence on public health. They advocate for a return to the gold standard as a way to stabilize the economy and emphasize that true growth comes from productivity and innovation, not artificial interventions. The speakers conclude with a call to reduce the Federal Reserve’s control over the economy, proposing a shift toward market-driven authority to promote genuine economic freedom. This engaging discussion underlines the urgent need for reform to safeguard the financial well-being of the country. Find Michael here: https://PentoPort.com Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Ryan Sudeck discussed his company's innovative strategy for tackling the affordable housing crisis by converting distressed motels into residential units, successfully expanding their portfolio from 1,100 to 2,500 units and planning to undertake 10 to 12 projects annually. He highlighted the challenges posed by zoning regulations, particularly in markets like Kissimmee, Florida, while noting supportive legislative changes in states like Washington. Sudeck emphasized the positive outcomes of their projects, such as crime reduction in areas like Tacoma's Hosmer district, and expressed confidence in their model's potential to alleviate the affordable housing shortage. Also, outlined the current real estate market challenges, including a decline in new developers due to high inflation and costs, and explained how their firm can outbid traditional hoteliers for properties.
Find Ryan here: https://sageinvestment.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
We talked with show sponsor Shawn Khunkhun, CEO of Dolly Varden Silver (🇺🇸DOLLF -- 🇨🇦DV), about the company’s remarkable progress and the ongoing success of their exploration projects in British Columbia’s Golden Triangle. Khunkhun shares insights into Dolly Varden’s recent drilling results, which have consistently exceeded expectations and positioned the company as a leader in high-grade silver and silver-gold mineralization.
The discussion dives into Dolly Varden’s growth strategy, including the acquisition of the Homestake property and how this area has yielded some of the highest grades in the region, drawing comparisons to other successful mines like Newmont’s Brucejack.
The recent drill results have been exceptional, demonstrating both high-grade silver and gold mineralization. It found wide silver-rich intervals, with grades increasing at depth. Intercepts reached 1,000 grams per ton of silver. It found over an ounce per ton gold with multiple meter intervals suggesting high expansion potential. Khunkhun explains the challenges and excitement of setting high benchmarks each year, as Dolly Varden continues to unearth silver and gold deposits with increasing grade and continuity.
With C$34 million in the bank and impressive drilling results, Dolly Varden is fully funded for the upcoming exploration season.
We also reviewed the increasing demand for silver, fueled by its dual role as an industrial metal and a precious metal investment. Tight supply, declining production rates, and heightened interest from major investors, suggest a much high price is coming for silver.
As the silver market gains momentum, Khunkhun shares his belief in the potential for triple-digit silver prices, driven by increased demand in areas like solar technology and electric vehicles. With half of their drill results yet to be published, Dolly Varden’s future looks bright, as the company continues to uncover rich silver and gold resources, positioning itself as a major score to investors.
Visit the company’s website https://DollyVardenSilver.com
***Disclaimer This interview is sponsored by Dolly Varden Silver, and Financial Survival Network has received payment to conduct this interview. The information provided in this video is intended for informational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. While we strive to ensure the accuracy of the information presented, we make no guarantees or representations as to its completeness, accuracy, or reliability. Viewers are strongly advised to conduct their own research, carefully review the information presented, and consult with professional investment advisors and financial counselors before making any investment decisions. The insights shared in this video are based on the perspectives and opinions of the interview participants and should be used at your own risk.
Kerry Lutz and Ryan McCormick emphasized the importance of effective crisis communication in mitigating reputational damage from false allegations, highlighting the need for swift and strategic responses to serious accusations to avoid long-term harm. McCormick illustrated his points with real-life examples, advocating for a calm, factual approach rather than emotional reactions, which can exacerbate crises. He outlined strategies for identifying potential crises, such as monitoring employee sentiment and social media activity, and stressed the necessity of having a crisis communications plan and legal team in place.
The discussion also covered the challenges posed by negative online reviews, with McCormick recommending that businesses actively seek positive feedback and respond professionally to negative comments to protect their reputation. Both speakers advised against sharing personal political views to avoid alienating customers and concluded by providing resources for further learning on reputation management.
Find Ryan here: https://goldmanmccormick.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz and Martin Armstrong engaged in a comprehensive discussion analyzing the recent political landscape, particularly focusing on the implications of the recent election and the broader socio-economic context. Armstrong highlighted his prediction of Trump's victory based on economic models, criticizing the left's failure to accept the results due to their reliance on criminal charges against Trump. He drew historical parallels to significant events like the Great Depression and the fall of the Berlin Wall, warning of a potential collapse of socialism in the West and expressing concern over the psychological state of current political leaders.
The conversation also delved into U.S. foreign policy, with Armstrong critiquing military engagements since World War II, particularly regarding Ukraine. He noted the discontent among Ukrainians towards President Zelensky, whom he described as a Western puppet, and suggested that neoconservative interests are prolonging the conflict to hinder Trump's anti-war agenda. Lutz added that there are emerging calls for peace from various groups, indicating a potential shift in geopolitical dynamics. Armstrong further analyzed the political elite's influence, suggesting that a vote for Camilla represents a continuation of entrenched power structures, and he controversially claimed that Hillary Clinton would have been a more effective leader.
The discussion also covered economic strategies, with Armstrong proposing innovative solutions to tackle national debt, such as issuing coupons and swapping debt to lower interest rates. He argued for a reevaluation of the tax system, suggesting a shift from income tax to tariffs and consumption taxes, while expressing skepticism about the feasibility of repealing the 16th Amendment. Both speakers expressed concerns about the sustainability of the U.S. economy and the banking system, emphasizing the need for significant political change to address these pressing issues. They concluded by reflecting on the potential effectiveness of Trump's second term, suggesting that the circumstances surrounding the 2020 election may provide him with a clearer path to governance.
Find Martin here: https://ArmstrongEconomics.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Financial expert David Stryzewski, guided by Kerry Lutz, provided insights into the market's positive response to recent election results, particularly highlighting the stock and crypto markets' uptick. Stryzewski contrasted the economic strategies of the two candidates, expressing optimism about a potential shift under Trump's leadership while simultaneously voicing concerns about the escalating national debt and geopolitical tensions. He suggested that Trump's team, composed of wealthy individuals, might offer innovative solutions to these pressing issues, especially regarding peace negotiations. The discussion emphasized the critical need for the new administration to tackle the nation's financial and political challenges effectively.
Stryzewski also addressed the promising trend of reshoring manufacturing jobs to the U.S., which he believes is vital for economic recovery, and highlighted the importance of domestic resource production. However, he cautioned about potential threats, including a banking crisis and the emergence of an alternative currency system by BRICS nations that could destabilize the U.S. Dollar. He discussed the implications of the Tax Cuts and Jobs Act for retirement funds and urged the implementation of tax strategies before year-end.
Additionally, Stryzewski recommended focusing on undervalued assets like silver and advised caution regarding technology stocks. He raised concerns about the upcoming January 6, 2025 transition, particularly regarding security issues related to immigration, while also sharing information about his company, Sound Planning Group, and its resources on tax and Medicare changes.
Find David here: https://myspg.com
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
Kerry Lutz hosted Thomas J. DiLorenzo to discuss the implications of China's economic strategies, as outlined in DiLorenzo's book, "Casino Economy." DiLorenzo expressed concerns that China's monetary injections are aimed at creating temporary economic booms, which often lead to significant downturns. Both speakers emphasized that such strategies prioritize short-term political gains over sustainable economic stability, arguing that true prosperity arises from saving, investing, and productive work rather than financialization. They also explored the potential for substantial cuts to the U.S. economy through the elimination of redundant government agencies, including proposals to abolish the income tax to foster a more prosperous society.
The conversation addressed issues of federal land ownership, with Lutz noting that the government owns a significant portion of land in states like California and Nevada. DiLorenzo criticized the government's management of these lands and advocated for private ownership to ensure better care and sustainability. They also discussed government overreach, exemplified by an incident involving New York State officials seizing and killing a pet squirrel and raccoon.
They expressed concerns about the bureaucratic mindset that prioritizes justifying budgets over individual well-being. Finally, they discussed the idea of secession as a response to government overreach, with DiLorenzo noting that some regions are moving towards "soft secession," while Lutz shared his experience of relocating from New York to Florida for its favorable tax and regulatory environment.
Find Tom's Articles here: https://www.lewrockwell.com/author/thomas-dilorenzo/
Find Kerry here: https://financialsurvivalnetwork.com
and here: https://inflation.cafe
Kerry Lutz hosted Bill Walton for a discussion centered on the upcoming election and the current economic landscape, with Walton expressing optimism about Trump's potential return to office. He highlighted concerns among Democrats as indicative of possible shifts in political dynamics and advocated for significant policy changes, including the elimination of the income tax to enhance personal privacy and reduce government interference. Walton emphasized the role of tariffs in revitalizing American businesses and suggested a combination of tariffs and a national sales tax as a viable strategy. They also critiqued the proliferation of federal agencies, arguing that many are redundant and impede business growth, while referencing successful regulatory reductions from the Trump administration as a model for future reforms.
The conversation further delved into pressing issues such as government spending, corporate welfare, and rising crime rates in urban areas. Walton and Lutz discussed the need for substantial cuts to address the national debt and inflation, proposing the sale of federal lands to improve resource management. They expressed concern over the decriminalization of theft in certain states, noting its negative impact on businesses and communities.
The discussion also touched on migration trends from blue states to red states, with Florida and Texas highlighted as popular destinations. Additionally, they shared insights on effective podcasting and job application strategies, emphasizing the importance of clarity and purpose in both endeavors. Overall, the meeting underscored the urgency of addressing economic and social challenges while exploring potential solutions.
Find Bill here:
Find Kerry here: https://financialsurvivalnetwork.com
- and here: https://inflation.cafe
Kerry Lutz engaged in discussions with Moshe Popack and Dave Aizer about the current state and future prospects of Florida's real estate market, highlighting the challenges and opportunities arising from the post-COVID landscape. Popack reflected on his experiences during the foreclosure crisis and noted the struggles within commercial real estate, while expressing optimism due to the influx of new residents and the demand for office space from Fortune 500 companies. Aizer addressed the issues facing malls, advocating for innovative repurposing strategies under Florida's Live Local Act, which could transform abandoned properties into residential and community spaces.
Both speakers acknowledged the rising costs of living and the condo crisis, suggesting potential adjustments to laws regarding condo reserves to ease financial burdens on owners. Additionally, Lutz and Popack discussed the U.S.'s health challenges, emphasizing the need for community education on nutrition and advocating for a shift towards healthier food choices to reduce healthcare costs. Overall, the conversation reflected a complex yet hopeful outlook on South Florida's economic and health landscape.
Find Moshe here: Moshe Popack
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz welcomes Peter Dembicki, CEO of Tier One Silver ((🇺🇸TSLVF -- 🇨🇦TSLV) for an update on the company’s latest exploration progress and the potential for significant silver discoveries. Peter shares important results from recent channel sampling, including the discovery of nearly 9,000 grams per tonne of silver, over four grams of gold and the presence of arsenic—indicating promising precious metal deposits below the surface.
Peter provides insight into Tier One Silver’s aggressive exploration in Peru, where they’re targeting a massive, untapped silver deposit. He explains the geological significance of recent findings and the 500 meters of elevation where their best intercepts may lie.
Peter and Kerry discuss the current state of the silver market, with silver prices on the rise and poised for a potential surge. Peter anticipates silver catching up to gold's recent performance, driving investor interest in silver exploration and mining companies. Tier One Silver’s Future: With silver gaining momentum, Peter outlines the company’s plans to resume drilling and why their property’s unique elevation and geological factors offer tremendous upside potential. He emphasizes the company’s readiness to capitalize on market shifts once they secure the necessary capital. We own shares.
Company Website: https://TierOneSilver.com
During the meeting led by Kerry Lutz, Ed Sidell provided an analysis of the current economic landscape, highlighting the disparity between strong GDP figures and negative public sentiment driven by inflation from government spending, which has reached $6.75 trillion in fiscal year 2024. Concerns were raised about the national debt potentially reaching $36 trillion by election day, alongside a discussion of Trump's proposal to eliminate federal income tax, which Sidell deemed feasible if accompanied by a VAT, and the potential benefits of reducing the business tax from 21% to 15% to stimulate growth. The conversation also touched on market trends in anticipation of the upcoming election, with indications that the market may be pricing in a Trump victory, and concerns about inflation's impact on bond yields.
Additionally, Lutz presented a theory regarding the influence of intelligence agencies on major media outlets, suggesting that the Washington Post and New York Times serve as conduits for the CIA and DOJ/FBI, respectively, and referenced historical connections to these agencies.
Find Ed here: egsifinancial.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Chris Markowski engaged in a comprehensive discussion about the current political and economic climate, highlighting concerns over rising bond yields and skepticism regarding China's economic stability, particularly its real estate challenges and ineffective stimulus measures. Markowski criticized the recent 50 basis point rate cut as unjustified, pointing out the alarming national debt situation where interest payments dominate the federal budget. He expressed worries about the commercial real estate market, suggesting it is in a worse state than during the Great Recession, and criticized the government's "extend and pretend" approach to debt management. The conversation also touched on taxation, with Markowski advocating for a national sales tax over income tax, emphasizing the need for a repeal of the income tax to avoid complications.
Find Chris here: watchdogonwallstreet.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Andrew Ragusa engaged in a comprehensive discussion about the New York real estate market, focusing on the effects of rising mortgage payments and inflation on home prices, noting that homes are selling for unexpectedly high prices despite needing repairs, as buyers are becoming less selective. Lutz expressed skepticism regarding the government's ability to effectively address these challenges, while Ragusa underscored the importance of property ownership amidst these difficulties. They also observed a trend of individuals returning to urban areas due to employer demands, which is influencing market dynamics.
Additionally, they shifted their focus to investment trends, highlighting a growing preference for hard assets like gold and silver as a hedge against economic uncertainty, with Ragusa noting the increasing appeal of physical assets amid stock market fluctuations. Lutz, an experienced investor in precious metals, remarked on the rising prices and future growth potential of gold and silver, while also discussing silver's practical applications in technology.
Find Andrew here: andrew_ragusa_
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Erfle engaged in a detailed discussion about the recent positive trends in the gold and silver markets, highlighting significant price movements and market dynamics. Silver has notably surpassed the $32.50 resistance level, reaching $35, while gold prices have also seen substantial gains. Erfle pointed out that miners are consolidating in a bullish flag pattern, breaking through key resistance levels, which has rekindled interest from retail investors after a decade of decline.
Despite these gains, both the GDX and GDXJ indices still have considerable growth potential compared to historical highs. The conversation also touched on the upcoming Q3 earnings announcement from Newmont, with expectations of strong results due to rising gold prices, which could further attract fund managers as the stock market shows signs of weakness.
The discussion further explored the evolving landscape of the mining industry, with major companies acquiring junior mining assets to enhance their portfolios, particularly focusing on high-margin deposits. Erfle noted the relative ease of obtaining mining permits in certain countries, which could be expedited by changes in political leadership. Both speakers emphasized the importance of modern, environmentally friendly mining practices and the growing industrial demand for silver, which has been experiencing a four-year deficit.
They also cautioned potential investors about the risks associated with buying silver, including scams and the need for due diligence. The conversation concluded with a reflection on the importance of capable management in the junior mining sector, underscoring the need for vigilance and education in navigating this volatile market.
Find David here: JuniorMinerJunky
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz engaged with Dr. Jonathan Newman from the Mises Institute to discuss the organization's commitment to promoting Austrian economics and individual liberty. Jonathan articulated that the Mises Institute serves as an educational platform advocating for free market principles while critiquing government intervention in economic affairs. He emphasized that Austrian economics is rooted in the analysis of individual actions and market dynamics, which leads to a preference for minimal government involvement.
The conversation also touched on the historical role of government in monetary control, with Jonathan referencing Mises' insights on currency devaluation and the shift towards fiat currencies, which has resulted in inflation and financial instability. Lutz introduced the concept of competing currencies, highlighting the emergence of cryptocurrencies like Bitcoin as alternatives to government-managed money.
The discussion further explored the implications of fiat currency, drawing historical parallels to the Roman Empire and the consequences of debasing currency. Jonathan noted the U.S. government's departure from the gold standard in 1971, which has led to unchecked spending and an expansion of government size. They expressed concern over current U.S. monetary policy and its potential repercussions. The conversation also covered recent developments in Argentina under President Javier Milei, who has taken steps to reduce inflation and government spending.
Find Jonathan here: mises.org
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Anthony Saccaro discussed the current economic landscape as the election approaches. Saccaro shared insights from a successful investment in Apple and stressed the importance of a diversified portfolio, using historical examples of companies like Blockbuster and Kodak that failed to adapt to market changes. They addressed the Federal Reserve's mandates of controlling inflation and unemployment, noting a recent uptick in unemployment to 4.3% and inflation remaining in the mid-twos. Both expressed concerns about the potential for a recession and the misconception that the stock market is always a safe haven.
The conversation also covered the importance of strategic investing according to individual life stages, especially given economic volatility. Saccaro recommended a conservative investment approach focused on income generation through interest and dividends to ensure financial security in retirement.
Find Anthony here: AnthonySacarro.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz welcomed Ross Givens back to the Financial Survival Network, where they discussed Givens' impressive trading journey, including a 23% gain since May 29th, and his investment in Dominion Energy, which has appreciated 15% while providing dividends. Givens shared insights on their investment strategy focused on insider trading, which has achieved a remarkable 1900% compounded growth since 2017, highlighting specific cases like CATX and Amelix that demonstrate the potential of insider buying. He emphasized the importance of risk management, recommending profit-taking at 25% gains and discussing the SEC's short swing rule for stability.
In options trading, Givens advised against stop losses for smaller stocks and suggested investing a portion of capital in call options with a three to six-month horizon, noting that a 20% stock increase can double the option's value. Both Lutz and Givens acknowledged the challenges of finding effective investment strategies in a competitive market, encouraging exploration of lesser-known stocks for higher returns and promoting their monthly training sessions to educate investors. Lutz expressed gratitude for Givens' insights and looked forward to future discussions.
Find Ross here: tradersagency.com
View Ross's latest webinar here: https://webinar.tradersagency.com/ins...
Find Kerry here: FSN and here: inflation.cafe
Robert Siciliano highlighted the critical issue of identity theft, sharing personal experiences and emphasizing the importance of proactive measures such as regular password changes, two-factor authentication, and identity theft protection services. He discussed the risks associated with SIM swapping, particularly in the cryptocurrency sector, explaining how attackers often compromise email accounts through phishing to reset passwords and gain access t o financial accounts. Siciliano also addressed the challenge of identifying fake IDs, noting that many employees may not be trained to spot subtle differences, which can lead to security breaches.
He recommended strong security practices, including unique passcodes and collaboration between cryptocurrency companies and telecom providers to detect unauthorized SIM swaps. Kerry Lutz contributed by sharing his own experiences with bank security measures, reinforcing the need for consumers to remain vigilant and proactive in safeguarding their personal information against evolving threats.
Find Robert here: protectnowllc.com and here: /safr.me
Find Kerry here: FSN and here: Inflation.Cafe
The meeting focused on the historical context of gold prices, with Bob Hoye discussing the influence of past financial bubbles on the market and emphasizing that the strength of the U.S. dollar is often overstated. He anticipates a rise in the real price of gold, which would be advantageous for gold miners, and suggests investment strategies that include three to four-year good-grade corporate bonds as a safer choice in light of potential market volatility. Hoye also highlighted a selection of promising junior gold stocks, indicating their potential for substantial gains in an upward-trending market.
Find Bob's charts here: Charts and Markets -Jr. Gold
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and attorney Parag Amin discussed the critical importance of disaster preparedness for businesses in the wake of hurricanes in Florida, emphasizing the need for proactive planning and adequate insurance coverage, particularly business interruption and flood insurance. Amin highlighted the ongoing insurance crisis in the state, driven by the increasing frequency of hurricanes, which has led many insurers to exit the market. He expressed concern over recent legal changes that hinder homeowners from recovering attorney's fees in disputes with insurance companies, arguing that this creates an unfair disadvantage for policyholders.
The conversation also touched on the balance between regulation and capitalism in the insurance sector, with Amin advocating for more regulation to ensure accountability and consumer protection, while Lutz shared positive experiences with certain insurance providers. Additionally, Amin stressed the importance of thorough documentation for insurance claims, including maintaining organized records and a clear timeline of communications, and provided resources for further assistance. The meeting concluded with a reminder of the unpredictability of disasters and the necessity of being prepared.
Find Parag here: lawpla.com
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and Herman Dulce, Jr. discussed the critical need for funding in business survival, highlighting that 80% of businesses fail within five years due to insufficient capital. He shared his personal journey into the funding sector, which led to the establishment of Bellison Enterprises, through which he has facilitated over $100 million in funding and helped more than 100 individuals transition from employment to entrepreneurship, resulting in the creation of seven millionaires over the past decade. Dulce emphasized the advantages of business credit cards, including higher credit limits and introductory 0% interest rates, while underscoring the necessity of a solid business plan and responsible debt management to avoid negative impacts on personal credit. He also discussed the potential benefits of transferring personal debt to business credit to lower interest rates and enhance credit scores, advocating for financial literacy as an essential component of business success and inviting attendees to reach out for further financial guidance.
Find Herman here: Bella Sloan Enterprises
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and Eddy Gifford engaged in a detailed discussion about the current economic landscape, focusing on job statistics, inflation concerns, and the impact of upcoming elections. Gifford expressed skepticism about the reliability of job reports, warning that inflation remains a pressing issue despite claims of its decline, and highlighted external factors like global conflicts that could worsen the situation. Lutz drew parallels between the current advancements in AI and the transformative effects of the Internet in the 90s, suggesting that while AI could enhance productivity and create jobs, it also poses challenges related to trust and resistance to change.
They also addressed the capacity challenges faced by Dominion Energy in Northern Virginia due to rising energy demands from data centers and cryptocurrency mining, noting that utilities are becoming attractive investments amid economic uncertainty. Gifford pointed out the evolving dynamics of the energy market and mentioned gold and Bitcoin as potential safe havens during market fluctuations, underscoring the complexities of traditional investment strategies in this context.
Find Eddy here: tactivewealth.com
Find Kerry here: FSN and here: Inflation.Cafe
Marquel Russell shared his inspiring journey from a troubled youth to a successful entrepreneur, emphasizing key moments such as fatherhood and his entry into network marketing, which led to the establishment of Kline Attraction University, a rapidly growing company that aids businesses in lead generation. He introduced the Predictable Scale Flywheel, a framework centered on eight essential pillars for building profitable and scalable businesses, and discussed his current mission with the Strategic Scale Institute to empower business owners to create self-sustaining companies. Kerry acknowledged Russell's triumph over adversity and his commitment to mentoring youth, highlighting the importance of persistence and the idea that many limitations are self-imposed.
Find Marquel here: scalemadeeasy.com
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and David Stryzewski engaged in a comprehensive discussion about the looming economic crisis, likening it to an approaching hurricane that society is unprepared for, particularly in light of high credit card debt and dwindling savings among the American public. Stryzewski criticized the Federal Reserve's recent interest rate cut, expressing concerns about inflation and real estate affordability, while Lutz echoed these sentiments, highlighting the political motivations behind the Fed's actions. They delved into the risks within the financial market, especially regarding the bond market and national debt, advocating for hedging strategies and investments in hard assets like gold, silver, and Bitcoin. Stryzewski made a strong case for silver investment, citing its growing demand in technology and military applications, while Lutz expressed skepticism about the BRICS system and emphasized the importance of monitoring silver demand, ultimately providing valuable insights for investors in precious metals.
Find David here: FedBubble.com and here: myspg.com
Find Kerry here: FSN and Inflation.Cafe
Kerry Lutz and Craig Hemke engaged in a comprehensive discussion about the gold and silver markets, highlighting silver's recent price surge to nearly $33 and the bullish market phase characterized by higher lows and highs, with Hemke expressing optimism for continued growth. They examined the implications of rising U.S. debt, particularly a $380 billion monthly budget deficit, as a driver for increased gold prices, while noting that many financial advisors underutilize precious metals in client portfolios, indicating potential market growth. The conversation underscored the enduring value of gold against fiat currency devaluation, with historical price increases illustrating its stability amidst economic fragility and government spending challenges. They also addressed economic inequality in the U.S., lamenting the widening wealth gap and its impact on lower-income individuals, ultimately promoting Hemke's website, tfmetalsreport.com, as a resource for navigating the current inflationary landscape.
Find Craig here: TFMetals Report
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and Josh Woodward discussed effective marketing strategies for financial advisors, focusing on the importance of education and digital marketing in attracting clients. They highlighted the transition from traditional marketing to more engaging methods, such as webinars and educational resources, particularly in light of the COVID-19 pandemic, which accelerated the need for digital approaches. Trust and a positive return on investment were emphasized as critical components of successful digital marketing.
The conversation also covered common marketing mistakes, the significance of targeted email newsletters and call-to-actions, and the potential of text messaging to engage younger demographics. Additionally, they explored monetization strategies for Kerry's podcast and YouTube channel, discussing ways to attract financial advisors and generate revenue through advertising and lead generation, ultimately showcasing the growth potential of effective marketing practices in the financial advising industry.
Find Josh here: mastermindadvisor.com
Find Kerry here: FSN and here: inflation.Cafe
Kerry Lutz and Ted Thatcher discussed the economic impact of the East Coast port strike, highlighting its potential to disrupt the supply chain and exacerbate inflation, particularly through rising oil prices. They emphasized the importance of developing strategies to protect wealth in light of economic uncertainties and the Federal Reserve's influence on financial markets. The conversation also covered various asset classes, such as precious metals, cryptocurrencies, and long-term bonds, as potential hedges against volatility. Furthermore, they addressed the implications of the upcoming election and global geopolitical instability on the economy, stressing the need for defensive financial planning and rational decision-making during these turbulent times, while also providing information on how to connect with Ted Thatcher's company for financial advice.
Find Ted here: brightlakewealth.com
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and Kristen Roberts discussed the concept of trade dress, emphasizing its importance in safeguarding the visual identity of products and services, with examples ranging from restaurant themes to house brands in supermarkets. They highlighted the complexities of enforcing trade dress rights internationally and the challenges in defining and proving violations, illustrated by the distinctive attire of Chippendales dancers. The conversation also addressed the evolving application of trade dress in social media aesthetics, particularly in light of a pending case in Texas involving two influencers, which raises questions about copyright infringement and the implications for the creator community. They examined the potential consequences of such legal actions on creativity and expression, the motivations behind lawsuits, and the necessity of balancing intellectual property protection with fostering inspiration and innovation.
Find Kristen here: trestlelaw.com
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and John Rubino discussed the implications of open borders and immigration, the potential for societal upheaval, and the lessons to be learned from Europe's demographic challenges. They expressed concerns about the importation of criminals and the need for proactive measures to manage illegal immigration while recognizing the contributions of hardworking immigrants. The conversation also covered the accomplishments of President Biden, the rising threat of nuclear conflict, and the actions of the global elite.
The dialogue explored the decline of traditional talk radio in favor of podcasts and alternative platforms, raising concerns about privacy and free speech in light of recent arrests related to messaging apps. Lutz and Rubino speculated on the potential actions of the Trump administration regarding political revenge and the weaponization of government agencies, emphasizing the need for a balanced approach to governance. They reflected on their shift from finance to the influence of politics on investments, highlighting the straightforward nature of investing in gold and silver during turbulent times. The conversation concluded with discussions on preparedness for potential societal challenges and a commitment to maintain a monthly schedule for their interactions, with well wishes for Rubino's solar company endeavors.
Find John here: Rubino.substack.com
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and Mindy McIntosh engaged in a thorough analysis of recent GDP figures, expressing skepticism about their accuracy and relevance to the actual economic landscape, particularly regarding personal consumption and job creation. They discussed the potential distortion of economic realities due to the upcoming election and the growing demand for tangible assets, emphasizing the importance of making investment decisions based on long-term financial planning rather than emotional or politically driven factors. Mindy highlighted the significance of guiding clients through media bias while addressing emerging market trends, particularly in technology, AI, and clean energy sectors, alongside stable industries like healthcare. The conversation also touched on retirement planning, with Mindy voicing concerns about legislative risks affecting future generations and Kerry advocating for an active, fulfilling approach to retirement. They concluded by discussing the importance of diversification and how to connect with Mindy's firm for further insights. Find Mindy here: wealthmichigan.com Find Kerry here: FSN and here: Inflation.Cafe
The Interview focused on the intersection of financial indicators and their implications for the upcoming election and broader economic trends, with Kerry Lutz and Eric Hadik discussing the correlation between the dollar's movement and political administrations, as well as the potential long-term effects on interest rates and inflation. Eric provided an analysis of the market's reaction to the Federal Reserve's rate cut, projecting a trading range for bonds and notes, and highlighted a historical 17-year cycle that may indicate a recession in 2025. The discussion also covered the near-term outlook for precious metals, forecasting a rally into late October or early November, and examined the generational cycle of currency wars, predicting significant gains for precious metals over the next couple of years. Additionally, the conversation touched on cryptocurrencies, particularly Bitcoin and Ether, and the anticipated market peak in late 2024, with a subsequent sell-off expected in 2025-2026, supported by historical patterns and technical indicators. The meeting concluded with a reference to InsiideTrackTrading.com for further insights. Find Eric here: insiidetracktrading Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz interviewed Jules Brenner about his company's successful investment strategy focused on the metal fabrication sector in California, particularly targeting old Rust Belt companies lacking succession plans. Jules explained their approach of modernizing these businesses through a long-term investment model, utilizing various financing methods such as bank loans, seller financing, and equity from their own resources and minority investors. The discussion also covered their plans to expand into the aerospace and defense industries, capitalizing on the current demand in California. Lutz and Brenner highlighted the challenges of improving efficiency and adopting technology in traditional sectors like dry cleaning and metal fabrication, noting the difficulties older business owners face in modernizing. They emphasized the importance of responding to customer demands and industry growth to drive technological advancements and discussed strategies for scaling and diversifying revenue streams within California's evolving business landscape. Find Jules here: industrialsuccession.com Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz hosted a discussion with Paul Oster from betterqualified.com, focusing on the implications of a 50 basis point cut and new student loan forbearance rules. Paul Oster noted that the rate cut would have minimal effects on consumers, recommending that borrowers maintain higher payments to expedite debt repayment. He provided strategies for managing credit card debt, including the use of 0% balance transfer options, and emphasized the importance of having a solid plan for credit management. As the freeze on income repayment programs for student loans is set to end on September 30th, Paul Oster urged borrowers to take proactive measures, utilize resources at studentaid.gov, and engage with their loan servicer's to avoid the consequences of missed payments. The conversation also highlighted the benefits of Better Qualified's AI-driven credit reporting service, which offers personalized insights and faster results, and encouraged listeners to take advantage of free consultations and sign up for a newsletter for more information. Find Paul here: Betterqualified Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and Joseph Kelly engaged in an in-depth discussion regarding the security and custody of Bitcoin, particularly focusing on self-directed IRAs and the evolving role of custodians like Fortis. They addressed vulnerabilities such as SIM swapping and the inadequacies of traditional SMS authentication, advocating for more secure alternatives like Authenticator apps. The conversation emphasized the significance of secure custody models, highlighting Unchained's proactive measures, including multi-sig and collaborative custody, to protect client assets. They also warned against phishing threats and stressed the importance of vigilance in security practices. Additionally, Joseph detailed the onboarding process for self-directed IRAs, including account setup steps, pricing, and the company's commitment to client education. Kerry expressed appreciation for Joseph's insights and encouraged further engagement for those seeking more information, while also acknowledging the challenges of adapting to evolving security measures and the necessity of delivering value to clients. Find Joe here: unchained.com Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz interviewed Alan Hibbard to explore the current performance and future prospects of the gold and silver markets, with Hibbard expressing an optimistic outlook for gold driven by global uncertainty and potential returns, while also highlighting a structural deficit in the silver market that could lead to significant gains. They discussed investment strategies, including the Dow Gold Ratio's influence on gold price movements, and acknowledged the volatility of silver, which could transform from a poor investment to a lucrative one. The conversation also touched on platinum and other noble metals, with Lutz expressing interest in purchasing platinum, while Hibbard emphasized his preference for precious metals over base metals. They examined the broader macroeconomic landscape, including central bank actions and geopolitical tensions, which complicate investment decisions, and concluded with reflections on the unpredictability of future events and the hope for peaceful resolutions, alongside a mention of Hibbard's online resources.
Find Alan here: goldsilver.com
Find Kerry here: FSN and here: Inflation.Cafe
We sat down with Tim Clark, CEO of Fury Gold Mines (🇺🇸FURY -- 🇨🇦FURY) and Bryan Atkinson, Senior Vice President of Exploration, for an in-depth sponsor update. The interview highlights exciting drilling results from Fury's Serendipity Prospect, with Bryan Atkinson sharing the significance of key gold intercepts, including 12.16 g/t over 3 meters, and what these results indicate about the potential size of the mineralization system.
Tim Clark discusses Fury’s strategic positioning within the junior gold mining sector and the growing interest from major producers as the price of gold continues to rise. The conversation touches on Fury’s large land holdings, future exploration plans, and the company’s approach to attracting investments from major players in the industry.
Tim also provides insights on the impact of rising gold prices, predicting they could surpass $3,000, and how this could further drive interest in Fury’s assets. They also discuss exciting new targets for 2025, including Eleanor South, as well as the company’s holdings in Dolly Varden Silver, which offer financial flexibility.
Subscribe to receive the latest notifications https://FuryGoldMines.com
Disclaimer: Financial Survival Network (FSN) content is informational only and based on information available at the time of creation. It is not an offer or solicitation, nor does it provide investment, tax, or legal advice. It may not consider your specific financial circumstances or objectives and may not be suitable for you. FSN content is not a recommendation to buy or sell any securities. Readers should consult their own professional advisers and conduct their own independent investigations before making any investment decisions. FSN does not guarantee the accuracy or completeness of its content or any third-party information it uses, which has not been independently verified by FSN. Readers are cautioned not to rely solely on FSN content for investment decisions. FSN and its owner may have financial interests in the companies discussed and may trade such securities without prior notice. FSN is funded by sponsor advertisements, with payments ranging from five to ten thousand dollars monthly. FSN does not charge its viewers/listeners/readers any fees. By accessing FSN content, users agree that FSN and its affiliates are not liable for any inaccuracies, omissions, or representations in the content provided. $FURY #FuryGoldMines
We sat down with Tim Clark, CEO of Fury Gold Mines (🇺🇸FURY -- 🇨🇦FURY) and Bryan Atkinson, Senior Vice President of Exploration, for an in-depth sponsor update. The interview highlights exciting drilling results from Fury's Serendipity Prospect, with Bryan Atkinson sharing the significance of key gold intercepts, including 12.16 g/t over 3 meters, and what these results indicate about the potential size of the mineralization system.
Tim Clark discusses Fury’s strategic positioning within the junior gold mining sector and the growing interest from major producers as the price of gold continues to rise. The conversation touches on Fury’s large land holdings, future exploration plans, and the company’s approach to attracting investments from major players in the industry.
Tim also provides insights on the impact of rising gold prices, predicting they could surpass $3,000, and how this could further drive interest in Fury’s assets. They also discuss exciting new targets for 2025, including Eleanor South, as well as the company’s holdings in Dolly Varden Silver, which offer financial flexibility.
Subscribe to receive the latest notifications https://FuryGoldMines.com
Disclaimer: Financial Survival Network (FSN) content is informational only and based on information available at the time of creation. It is not an offer or solicitation, nor does it provide investment, tax, or legal advice. It may not consider your specific financial circumstances or objectives and may not be suitable for you. FSN content is not a recommendation to buy or sell any securities. Readers should consult their own professional advisers and conduct their own independent investigations before making any investment decisions. FSN does not guarantee the accuracy or completeness of its content or any third-party information it uses, which has not been independently verified by FSN. Readers are cautioned not to rely solely on FSN content for investment decisions. FSN and its owner may have financial interests in the companies discussed and may trade such securities without prior notice. FSN is funded by sponsor advertisements, with payments ranging from five to ten thousand dollars monthly. FSN does not charge its viewers/listeners/readers any fees. By accessing FSN content, users agree that FSN and its affiliates are not liable for any inaccuracies, omissions, or representations in the content provided. $FURY #FuryGoldMines
Kerry Lutz sits down with renowned economist and financial analyst Martin Armstrong to discuss pressing global economic issues and their future implications. Armstrong shares his thoughts on inflation, the debt crisis, and central bank policies, explaining how these factors are influencing the global financial landscape. He also delves into geopolitical risks and the chances of the Neocons starting World War 3 before Trump is elected. Martin's unique perspective on how current tensions between major world powers could affect global markets and currencies and how it will affect you. Armstrong provides valuable insights into his economic models, including the famous "Economic Confidence Model," and how it forecasts upcoming cycles in the market. He emphasizes the importance of understanding historical trends and patterns to make informed decisions about investments and market timing. Throughout the interview, Armstrong offers practical advice for investors and individuals looking to protect their wealth in turbulent times. From precious metals to digital currencies, he shares his views on the best strategies to hedge against market volatility. This engaging conversation is a must-watch for anyone interested in understanding the intersection of economics, finance, and geopolitics, and how these forces are shaping the future of global markets.
Find Martin here: Armstrong Economics
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz hosted a discussion on Eric Sprott's potential to rival tech billionaires like Elon Musk in wealth and influence through his strategic investments in precious metals, particularly gold and silver, which he views as essential stores of value amid economic instability. The conversation highlighted Sprott's successful transition from finance to becoming a multi-billionaire by investing in undervalued mining firms, suggesting that his fortune could grow significantly with an anticipated rise in precious metal prices. The speakers also examined the geopolitical factors affecting the gold market, including inflation, global economic uncertainty, and conflicts, while expressing optimism about silver as a valuable investment. They underscored the critical role of resource companies in wealth creation and the implications of currency devaluation and rising debt on the market, suggesting a potential shift in global wealth and power dynamics driven by key players in the resource sector.
Find Kerry here: FSN and here: Inflation Cafe
Kerry Lutz hosted Dale Smothers, president and founder of RDS Wealth, to discuss the recent 50 basis point interest rate cut, the current economic climate, and the implications of the upcoming election. Smothers expressed skepticism regarding the Federal Reserve's decision, pointing out a disconnect between jobless claims and the rate cut, and raised concerns about the market's reaction, which he likened to a "sugar high." He emphasized the importance of the election, particularly concerning potential tax implications for investors. The conversation also touched on investment strategies, with Smothers advocating for diversification and cautioning against the volatility of Bitcoin, while Lutz suggested dollar cost averaging into Bitcoin and highlighted its increasing investability through ETFs.
The discussion further explored the economic landscape, with both Lutz and Smothers expressing concerns about market uncertainty and inflation, using the analogy of a smoldering fire to describe the current inflationary state. They discussed the potential impact of supply strains, particularly in light of a possible port workers' strike, and the Fed's focus on unemployment, which could lead to higher interest rates and market instability. Additionally, they examined marketing strategies for lead generation, emphasizing the importance of authenticity, effective communication, and the use of social media and podcasts to engage audiences. The conversation underscored the significance of understanding the target audience and creating engaging content to drive business growth.
Find Dale here: rdsmotherswealth.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz interviews Andy Schectman as they introduce Andy’s new show, The Miles Franklin Report. Andy shares his thoughts on the global economy and the precious metals market, specifically focusing on silver and gold. He explains the phenomenon of "little by little, then all at once"—a concept he applies to how global financial, economic, and social changes are accelerating rapidly after years of slow buildup. Andy highlights key market trends, including the surprising lack of media attention around gold surpassing $2,500 and the disconnect between rising gold prices and stagnant mining share performance. He discusses how large banks are manipulating silver prices, despite increased demand from countries like China and India. Andy presents data indicating that these countries are hoarding silver, while Western markets suppress its price through massive short positions. This suggests that silver's strategic value in military and technological applications is being overlooked. Kerry and Andy also explore the idea that the global demand for silver, especially for military use, is being deliberately concealed. They touch on the future role of the BRICS nations and how commodities will play a significant role in reshaping global economic power structures. The conversation wraps up with Andy thanking Kerry for helping launch the show and teasing more in-depth discussions in future episodes.
Find Andy here: MilesFranklin.com
Find Kerry here: FSN and here: inflation.cafe
Host Kerry Lutz and guest Ed Siddell engaged in a discussion regarding the Federal Reserve's recent decision to cut interest rates by 50 basis points, expressing surprise and skepticism about its implications. They examined how this rate cut might influence the upcoming election and noted the contrasting trends in job growth between the government and private sectors. Concerns were raised about the long-term effects of the rate cut, alongside discussions on the potential for ongoing quantitative easing and its challenges for individual investors. The conversation also covered the performance of bonds, gold, and the dollar, underscoring the importance of vigilance and protective strategies amid economic uncertainty.
Find Ed here: egisfinancial.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz interviewed Stormi Banks, who passionately shared her journey in entrepreneurship and her mission to assist others in securing grants and funding through her grant writing agency, which has positively impacted over 10,000 clients. She recounted a notable success story of obtaining a $311,000 grant for a child care facility in Houston and outlined the various educational and grant writing services her agency provides, along with their associated fees. The discussion also addressed the challenges faced by emerging entrepreneurs and grant writers, stressing the necessity for affordable services, the importance of skills such as reading, financial management, and leadership, and the competitive nature of grant applications that require a robust plan. Furthermore, they explored the logistical hurdles of managing clients and processes in a grant writing service and how they have adapted their operations to improve the customer experience.
Find Stormi here: pinkprintfirm.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz interviewed Mark Anderson, who recounted his transition from construction to derivatives trading, highlighting the appeal of return on capital over labor and his fascination with zero days to expiration options. Anderson discussed the prevalent challenges in the financial sector, including the high rate of losses in options trading, and underscored the importance of dedication and conviction in achieving success. He elaborated on the impact of daily compounding on investment returns, providing examples to illustrate its mathematical advantages, and shared his investment strategy of selling a percentage of his account value in credit daily.
Anderson also invited others to invest in his fund, emphasizing consistent returns regardless of market conditions. The discussion concluded with Lutz expressing a desire to further explore these topics and appreciation for Anderson's insights.
Find Mark here: MBH Capital Management
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz interviewed Gregory Wrightstone, who argued that increased CO2 levels and modest warming have positive impacts on ecosystems and the human condition. Wrightstone cited examples of increased agricultural productivity, drought resistivity of plants, and turbocharged plant growth through the photosynthesis process. He also challenged the unfounded fears surrounding nitrogen fertilizer and nitrous oxide, while presenting evidence of the global expansion of forests. However, he raised concerns about the environmental consequences of renewable energy initiatives, particularly the cutting down of mature forests for wood pellets and the conversion of grasslands into solar facilities.
The conversation also delved into the potential risks of lowering CO2 levels and the criticism of spending tax money on what is perceived as a non-existent climate crisis. Wrightstone and Lutz engaged in a detailed discussion about climate change and sea level rise, challenging the commonly held belief that melting polar ice caps will lead to a significant rise in sea levels. They emphasized the importance of understanding natural processes, such as erosion, to avoid misguided policies. Overall, the meeting provided a platform for Wrightstone to advocate for the benefits of CO2 and modest warming, disputing the notion of a man-made climate crisis.
Find Gregory here: co2coalition.org
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Ryan Waller discussed Ryan's journey from a corporate career to real estate. Ryan shared his challenges in implementing creative ideas within the corporate structure and his decision to leave the corporate world. He also discussed the mistakes he made in financial planning when starting a commission-only job in real estate. The speakers emphasized the importance of learning from failures and adapting to a new approach in running a business.
They also discussed the competitive nature of the real estate market and the importance of becoming a market authority and leveraging branding to attract clients. Ryan shared insights into the real estate market, including the significance of the first offer and the potential consequences of rejecting reasonable offers. Finally, he provided advice for individuals contemplating career transitions from corporate roles, encouraging them to assess their skill set for transferable skills and consider entrepreneurship.
Find Ryan here: bethandryan.ca
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Jim Welsh discussed a range of topics related to the economy and the Federal Reserve's potential actions. They explored the concept of the neutral rate and its role in determining the restrictiveness of monetary policy, as well as the potential impact of interest rate cuts on the economy and stock market. Welsh provided a detailed analysis of the economy, predicting an upcoming recession based on indicators such as the diffusion index and monthly hours worked. The conversation also touched on the impact of AI on the economy and the energy industry, as well as the potential return to real value investing and the imminent secular bear market.
Towards the end of the meeting, Lutz and Welsh discussed the recent trends in gold prices and the dollar, offering insights into the market sentiments and potential movements. They also briefly discussed Trump's decision to appoint Elon Musk to oversee the cost savings commission.
Find Jim here: macrotides.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Sean Graham discussed the investment landscape, with a focus on self-storage opportunities amidst market volatility. Sean emphasized the importance of networking and underwriting deals, highlighting the simplicity and benefits of self-storage as an asset class. They also discussed the different cap rates for various types of self-storage facilities and Sean's approach to managing them, including the use of overseas teams. Additionally, Sean shared insights on cost segregation studies and their benefits for real estate owners and operators, particularly in the context of self-storage investments.
The conversation also covered the tax benefits associated with depreciation in real estate, including the strategic use of accelerated depreciation to minimize tax liabilities for property owners. They discussed the distinction between passive and active income and how depreciation can be leveraged to offset both types of income. The potential impact of the Trump tax cut reinstatement on real estate investors was also raised, indicating the significance of tax policies in the real estate market. The meeting concluded with gratitude and arrangements for sharing a link for discounted cost segregation studies through Sean's company.
Find Sean here: mavencostseg.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Eddy Gifford discussed the current economic landscape, focusing on the recent job numbers and the potential for interest rate cuts by the Fed. They expressed frustration at the misleading nature of the job market and its impact on the economy, while also highlighting the challenges and uncertainties in the housing market. The conversation also touched on Warren Buffett's recent selling activities and the potential influence of the upcoming presidential election on market dynamics. They emphasized the importance of maintaining a disciplined investment approach and having clear entry and exit strategies, with Eddy Gifford offering financial advice.
Find Eddy here: tactivewealth.com
Find Kerry here: FSN and here: inflation.cafe
Cody Alexander and Kerry Lutz discussed the keys to success, including curiosity, competitiveness, and interpersonal skills. They emphasized the importance of personal responsibility and taking ownership of one's actions and attitudes. The conversation also covered the value of learning from experiences, having a clear game plan, and avoiding the pitfalls of not knowing one's direction. Additionally, Kerry interviewed Cody about his role as the chief marketing officer at StocksToTrade and his podcast business, Marketing from the Edge.
Cody discussed the company's platform and shared his experiences in buying and scaling a business in the financial education space. He emphasized the importance of having a solid offer and learning from customers when starting a new endeavor.
Find Cody here: marketingedgepod.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Robert Bork Jr. discussed a range of economic issues, including the proposed economic plan by presidential candidate Kamala Harris, government policies on regulation and control, the challenges and implications of electric cars, and rationalizing economic interests and subsidies. They analyzed the effects of government intervention on market dynamics, consumer welfare, and the role of private sector competition and innovation. The conversation also touched on historical examples and recent legal decisions, shedding light on the multifaceted challenges posed by government policies in various sectors. The speakers reflected on the difficulty of reconciling personal interests with broader economic principles, offering insights into the intricate dynamics of economic decision-making.
Find Robert here: Antitrust Education Project
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Michael Busler discussed the economic policies of presidential candidates Kamala Harris and Donald Trump. They compared the candidates' approaches to price stability, inflation, energy prices, and housing market policies. The speakers also debated the proposed tax policies, with Busler arguing against raising taxes on the wealthy and implementing a wealth tax, while Lutz expressed concerns about taxing unrealized capital gains.
The discussion also explored the causes of inflation, highlighting excessive government spending, deficit spending, and monetary policies as key factors. They emphasized the need for political courage to confront the growing public debt and discussed potential solutions to reduce deficit spending.
Find Michael here: Funding Democracy
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Stryzewski discussed a range of topics related to the economy, politics, and the upcoming election. They expressed skepticism about the accuracy of recent job numbers and analyzed the Federal Reserve's approach to potential rate cuts and its implications for inflation and the U.S. Dollar. They also explored the potential impact of supply-side economics and deregulation on the economy and job market.
The discussion also touched on the need for spending cuts, particularly in areas such as defense, corporate welfare, and healthcare, and the potential elimination of government departments. They raised concerns about the inflationary impact of government spending and its implications for taxpayers, as well as the potential market effects of rate cuts. Additionally, they discussed the current market dynamics, including the notable increase in gold and silver prices, the challenges confronting central banks in maintaining value, and the potential shift towards a hybrid engine model in the automotive industry.
Overall, the meeting emphasized the need for individuals to stay informed and make strategic financial decisions, particularly in light of the intersection of political and economic factors. They underscored the importance of understanding leading economic indicators, particularly for investors nearing retirement, and the significance of making nutrition and health a priority in the political landscape.
Find David here: myspg.com
Find Kerry here: FSN and here: inflation.cafe
In a recent meeting, several critical issues were discussed, including the upcoming presidential election, the challenges facing the Democratic Party, and China's economic struggles. The conversation highlighted the behavior of political figures and the economic concerns in commercial real estate, especially the rise in office vacancies in major cities like New York and San Francisco. The discussion also touched on the historical economic aspects of World War II, the environmental impact of electric vehicles, and the effects of remote work on urban centers. Finally, real estate investments in historic buildings in Kingston, New York, were explored, along with a call for a Peace and Freedom Rally in the same city. This meeting provided a comprehensive overview of current political, economic, and environmental challenges, as well as historical insights and future forecasts. Find Gerald's work here: trendsjournal.com Find Kerry here: FSN and here: inflation.cafe
In this episode of the Financial Survival Network, host Kerry Lutz welcomes back Michael Pento of https://PentoPort.com. The conversation dives into the ongoing economic challenges and the questionable policies affecting both markets and everyday Americans. They discuss the current "election insanity" and question whether the outcome will truly address the underlying economic issues, highlighting that neither candidate offers a complete solution. Michael Pento shares his insights on how government spending, particularly the trillions of dollars in stimulus and helicopter money, has contributed to inflation and economic instability. The discussion touches on the flaws of government intervention, including proposed subsidies for housing, which they argue will only inflate prices further. Pento also criticizes the reliance on money printing and the lack of sound fiscal policy, warning that these actions could lead to long-term economic pain. They wrap up by addressing the challenges faced by the middle class, the dangers of asset bubbles, and the importance of preparing for potential economic downturns. Kerry and Michael agree that while short-term fixes like money printing may temporarily boost markets, they ultimately set the stage for more significant issues down the road. For more in-depth insights, visit https://PentoPort.com and tune into the full episode on FinancialSurvivalNetwork.com. Don’t forget to subscribe for the latest updates and financial advice.
Find Michael here: pentoport.com
Find Kerry here: FSN and here: inflation.cafe
Bogomil, the CEO of commenter.ai, discussed the tool's functionality and benefits with Kerry Lutz. Bogomil highlighted the tool's ability to generate comments quickly and effectively, drawing from extensive research on LinkedIn commenting. He shared real-world results, including substantial increases in profile views, engagement rates, and sales for customers.
Additionally, he emphasized the tool's simplicity and its potential to engage with a larger target audience, ultimately leading to increased sales opportunities. The meeting concluded with details on the subscription options and a guide on signing up for a free trial.
Find BoGomil here: LinkedIn-Bogomils
Find Kerry here: FSN and here: inflation.cafe
We sat down with Gwen Preston, VP of Investor Relations at West Red Lake Gold Mines (🇺🇸WRLGF -- 🇨🇦WRLG) for a sponsor update. Gwen shares the latest news and developments from West Red Lake, a company that's attracting the attention of the sector with consistent, impressive drill results.
West Red Lake Gold Mines is rapidly pushing its Madsen Mine project toward restart in 2025, and Gwen provides an inside look at the activities driving this momentum. From infill drilling and expanding mineable inventory to major capital projects like the tailings dam lifts and the installation of a primary crusher, the company is focused on building a robust, efficient operation.
Gwen highlights the significance of recent high-grade drill results from the Austin and McVeigh Zones,, which are boosting confidence in the resource model as the company prepares for production. With a busy few months ahead, including the release of a pre-feasibility study, West Red Lake is positioned as a unique player in the gold sector—one that’s not just exploring, but also gearing up for significant production. With stepped up M&A activity in the sector, there aren't many acquisition candidates of West Red Lake's quality due to its imminent production.
Don't miss this deep dive into the company’s plans, market position, and the exciting potential for investors.
Visit http://WestRedLakeGold.com to sign up for notifications and stay updated on the latest drill results and developments.
Disclaimer: Financial Survival Network (FSN) content is informational only and based on information available at the time of creation. It is not an offer or solicitation, nor does it provide investment, tax, or legal advice. It may not consider your specific financial circumstances or objectives and may not be suitable for you. FSN content is not a recommendation to buy or sell any securities. Readers should consult their own professional advisers and conduct their own independent investigations before making any investment decisions. FSN does not guarantee the accuracy or completeness of its content or any third-party information it uses, which has not been independently verified by FSN. Readers are cautioned not to rely solely on FSN content for investment decisions. FSN and its owner may have financial interests in the companies discussed and may trade such securities without prior notice. FSN is funded by sponsor advertisements, with payments ranging from five to ten thousand dollars monthly. FSN does not charge its viewers/listeners/readers any fees. By accessing FSN content, users agree that FSN and its affiliates are not liable for any inaccuracies, omissions, or representations in the content provided.
Kerry Lutz and Paul Oster discussed the prevalence of oversubscription and its impact on personal finances. They emphasized the importance of actively monitoring recurring charges and offered practical advice for consumers to take control of their subscriptions. The speakers also exposed the deceptive subscription practices employed by companies, making it arduous for consumers to cancel subscriptions. They urged consumers to actively monitor their bank and credit card statements, identifying and disputing unauthorized charges.
The conversation also focused on the current state of consumer finances, highlighting the soaring credit card debt and high interest rates. Paul Oster provided valuable financial advice for consumers, stressing the importance of conducting an insurance protection audit to assess coverage and avoid overpaying for insurance. He also encouraged consumers to explore alternative health insurance options to effectively manage escalating healthcare costs.
Additionally, Oster provided practical advice for managing household budgets and expenses, urging people to scrutinize their spending habits and seek opportunities for cost reduction. The speakers also discussed the significance of credit scores on daily financial decisions and encouraged individuals to focus on improving their credit and understanding the reasons behind low credit scores.
Find Paul here: BetterQualified.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Terence Mills discussed the impact of AI on various industries, including its potential to revolutionize healthcare, transportation, airport security, crime prevention, and economic analysis. They emphasized the need for careful consideration of AI's role in society, particularly in areas such as public surveillance and government decision-making. The conversation also touched on the ethical considerations surrounding the use of AI for predictive purposes and the need for human input in solving complex problems.
They explored the practical implications of AI in cost-cutting measures and revenue generation, citing examples such as postal service reform and Wall Street practices. The meeting concluded with a focus on connecting with Terence Mills and accessing related resources.
Find Terence here: veuu.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Adam Coffey discussed private equity, highlighting its growth and major players such as KKR, Blackstone, Carlisle, and Apollo. They explored the opportunities in the lower middle market and the potential for higher returns through arbitrage, as well as the challenges and risks associated with private equity investments. Coffey delved into the impact of private equity in the retail sector, emphasizing the need for thorough research on private equity firms and their investment focus and past performance. He also discussed the shifting landscape of private equity, particularly in the context of rising interest rates, and his decision to shift his focus to teaching small businesses how to succeed by leveraging the strategies of private equity.
Find Adam here: Linked-in
Find Kerry here: FSN and here: inflation.cafe
We sat down with Ivan Bebik, CEO of Coppernico Metals (🇨🇦COPR), which has officially started trading on the Toronto Stock Exchange (TSX). Ivan discussed the company’s ongoing drilling activities at its extensive Sombrero copper project.
He is very upbeat about the upcoming results. With copper prices on the rise and the world’s push towards electrification, he expects strong future demand for copper due to its pivotal role in global energy. He also touches on the significance of high-grade copper assets and how well-positioned Coppernico is in the market. The potential of their expansive 7-kilometer target zone has exciting prospects for both its SCARN and porphyry deposits.
The company is well-funded into 2026. Ivan also shares insights into upcoming catalysts, including anticipated drill results and major marketing initiatives planned for the fall.
Visit https://CoppernicoMetals.com to sign up for notifications and stay updated on their latest drill results and developments.
With momentum building and a wealth of high-potential targets, Coppernico Metals is a junior resource company to watch closely.
**Disclaimer: Financial Survival Network (FSN) content is informational only and based on information available at the time of creation. It is not an offer or solicitation, nor does it provide investment, tax, or legal advice. It may not consider your specific financial circumstances or objectives and may not be suitable for you. FSN content is not a recommendation to buy or sell any securities. Readers should consult their own professional advisers and conduct their own independent investigations before making any investment decisions. FSN does not guarantee the accuracy or completeness of its content or any third-party information it uses, which has not been independently verified by FSN. Readers are cautioned not to rely solely on FSN content for investment decisions. FSN and its owner may have financial interests in the companies discussed and may trade such securities without prior notice. FSN is funded by sponsor advertisements, with payments ranging from five to ten thousand dollars monthly. FSN does not charge its viewers/listeners/readers any fees. By accessing FSN content, users agree that FSN and its affiliates are not liable for any inaccuracies, omissions, or representations in the content provided.
Kerry Lutz and asset protection attorney Brian Bradley discussed the growing risks to personal assets and wealth in the current legal and financial landscape. Bradley emphasized the importance of preemptive asset protection strategies and addressed the societal and economic shifts that have made individuals more susceptible to legal threats. The discussion covered the historical and cultural changes in the legal system, the impact of contingency fee lawyers and law firm advertising, and the societal shift towards a litigious culture. Additionally, Bradley touched on the global financial system's structural issues and the challenges individuals face in safeguarding their assets in the face of monetary policy and economic manipulation.
The conversation also delved into the intricacies of asset protection trusts, the layered approach to protection, and the varying strengths of asset protection trusts based on state legislation. They explored the potential drawbacks of relocating to states like Florida and Texas for asset protection and the significance of choosing the right jurisdiction for asset protection. Finally, they touched on the importance of Medicaid and Medicare trusts to safeguard assets in the event of illness or insurance limitations.
Find Brian here: btblegal.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz interviewed Christian Osgood, who shared his journey from managing two units to acquiring 38 units in a short period of time. Osgood emphasized the role of creative finance and long-term cash flowing fixed rate debt in his real estate success, and stressed the importance of finding the opportunity first before tailoring the money to it. He also discussed the significance of setting specific financial targets, seeking mentorship, and building a community to accelerate progress and avoid costly mistakes. The conversation concluded with Osgood advising aspiring investors to take the first step in purchasing an investment property and seeking mentorship.
Find Christian here: multifamilystrategy.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz interviewed Scott Jarred, a wealth management and real estate expert, about his journey from a Section 8 apartment to building a billion-dollar company. Scott shared his experiences and emphasized the importance of hard work, creating opportunities for others, developing good habits, and being comfortable with discomfort as key factors in his success. He also discussed the pivotal role of managing emotions in financial decision-making and personal development, emphasizing the importance of emotional quotient (EQ) alongside intelligence quotient (IQ) and experience.
Scott Jarred and Kerry Lutz also discussed the challenges of navigating through economic downturns and finding opportunities amidst adversity. They shared their personal experiences during the 2008 financial crisis and the 2009 real estate market crash, emphasizing the significance of resilience and optimism in overcoming challenges. Additionally, Scott Jarred discussed his successful real estate investment approach, emphasizing the importance of cash management and uncorrelated assets to protect clients' funds during market downturns.
Finally, Scott Jarred and Kerry Lutz delved into the evolving dynamics of office work and the implications for real estate and investment. Jarred emphasized the need for companies to adapt to a hybrid model by creating vibrant and attractive office spaces that foster collaboration and productivity. He shared examples of repurposing real estate to make it more lifestyle-oriented, highlighting the shift towards a more appealing work environment.
Find Scott here: Invest.com and here: ScottJarred.com
Find Kerry here: FSN and here: inflation.cafe
Prof Joel Litman and Kerry Lutz discussed a range of topics related to the global economy and stock market. They highlighted the significance of recent elections in China and Russia in reshaping global business trust and reorganizing the world around US law and sovereignty. They also discussed the potential impact of the US election on the stock market and the economy, with Prof Litman expressing confidence in the US's ability to thrive in the global market regardless of the election outcome.
The conversation also delved into the historical performance of the stock market, particularly focusing on the S&P 500. Both speakers expressed confidence in the S&P 500's potential for continued growth over the next five to ten years, advocating for a passive investment strategy in the index. They also discussed the complexities of investing in Chinese companies and the broader implications for global markets. Finally, Prof Litman provided a comprehensive analysis of the impact of corporate tax cuts on tax revenue, highlighting the growth and profitability of US companies and addressing criticisms of the tax cuts.
Find Joel Litman here: altimetry.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz chats with Ross Givens about his Insider Effect Stock Trading System—something Kerry has personally tried out and found to be pretty effective. If you're into the stock market and looking for a straightforward strategy, this might be worth a listen.
Check out Ross’s latest complimentary webinar - Click here
Kerry, with over 42 years of investing experience, talks about how the Insider Effect system is different from anything he's used before. The idea is simple: focus on stocks where company insiders, like CEOs, CFOs, Directors and General Counsels are buying shares on the open market with their own money. These folks usually know when their stock is about to go up, making this a solid strategy to consider.
After Kerry's last interview with Ross https://youtu.be/DSTsd2d3eJQ, he subscribed on May 29, 2024 and immediately started following Ross's recommendations. He is firmly in the black and even during the recent crash he was always ahead. Ross explains that this system isn’t just about picking the right stocks but also about managing them smartly. He suggests taking some profits when a stock goes up by 20% or more, and this approach has shown consistent returns. The conversation also touches on the ups and downs of small and mid-cap stocks, the psychology of trading, and how following insider trades in real-time can give you an edge. If you're a stock market investor looking for a practical and easy-to-follow strategy, this episode is for you. Ross’s system isn’t perfect, but it’s designed to help minimize losses and capture gains, which is what most of us are after, right? Want to learn more? Check out the link in the show notes to sign up for a webinar and dive deeper into the Insider Effect Stock Trading System. Kerry’s been seeing some good results, and if you’re curious about how it could work for you, it’s definitely worth a look. Tune in and see how you might benefit from this approach to stock trading! For Ross’s latest complimentary webinar - Click here Please let me know your results, if they are only half as good as mine, you’ll be very happy.
Here’s an important sponsor update with Shawn Khunkhun, CEO of Dolly Varden Silver (🇺🇸DOLLF -- 🇨🇦DV). For anyone following the latest silver discoveries and the mining this is a must-watch! In our latest chat, Shawn shared some big news about Dolly Varden's recent drill results; the hits just keep coming! DV has found still more high-grade silver at their Kitsault Valley Project, with their latest drill intersecting an impressive 1,091 grams per ton of silver over 9.3 meters. He gives us an inside look at how their innovative directional drilling technology is not only expanding their resource but also saving millions in drilling costs—money that goes straight back to the shareholders! We also dive into the broader silver market and discuss why now might be the perfect time to invest, especially with silver prices on the rise and the gold-to-silver ratio looking favorable. Sean touches on the growing M&A activity in the mining sector, highlighting a recent $2.1 billion acquisition that has the market buzzing. With majors like Newmont and Hecla flush with cash and looking to replenish their reserves, companies like Dolly Varden could be prime takeover targets. For any serious mining industry follower, Sean's insights are invaluable. He explains how Dolly Varden’s strategic position in Canada’s Golden Triangle and their ongoing success in finding high-grade silver make them a compelling investment choice. Subscribe to the company’s website https://DollyVardenSilver.com for updates and important developments. *** Disclaimer: Dolly Varden Silver (DVS) has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in DVS’s presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
Kerry Lutz and John Rubino take an entertaining and humorous deep dive into some of the most pressing global issues of our time. They discuss the growing concerns over global conflicts, the powerful influence of the military-industrial complex, and the potential fallout from a disputed U.S. presidential election. They also explore how AI-generated content could shape the election and the dangerous consequences of conflicts involving nuclear powers, highlighting the impact of political interests across various sectors. Lutz and Rubino express their fears about the economic repercussions of political assassinations, terrorist attacks, and the increasing online censorship affecting political events and public figures. They question the accuracy of official economic statistics and analyze their potential manipulation, especially in the context of recent market crashes and the role of hedge funds. The duo also delves into the yen carry trade and its potential risks to the financial system. On the gold market front, they highlight the surge in merger activity among mining companies and discuss how major miners might start acquiring junior producers. Lutz and Rubino also share their investment strategies, including Rubino’s approach to buying NASDAQ put options and Lutz’s advice on investing in ETFs that hold stocks of major gold miners. Throughout the discussion, they emphasize the urgent need for de-escalation in global conflicts and the importance of verifying content in today’s media landscape. This conversation is packed with valuable insights for anyone interested in global politics, economics, and smart investment strategies, making it a must-watch for those looking to stay informed and ahead of the curve. Find John's work here: Rubino.Substack.com Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz interviewed Sebastian Herz, the founder of Zignify Global Product Sourcing, who shared his expertise in global product sourcing. Herz emphasized the importance of cutting costs and increasing profits for businesses through global sourcing, and discussed the challenges businesses face in finding potential producers, obtaining quotations, and negotiating prices. He explained how his company assists businesses in these areas, and highlighted the significance of global sourcing beyond China. Herz and Lutz also discussed strategies for cutting costs and negotiating with suppliers, emphasizing the value of obtaining multiple quotations to strengthen negotiation power and achieve cost savings. They cautioned against relying on trading companies to avoid unnecessary expenses, and highlighted the importance of periodically reassessing supplier relationships to ensure businesses are getting the best prices in a dynamic market. The conversation underscored the potential for significant cost savings by implementing these strategies, with Herz citing examples of clients saving over half a billion dollars. They also discussed the complexities of sourcing products from China amidst economic tensions with the US, and the importance of adhering to tariff codes and payments to avoid penalties. Furthermore, Herz provided insights into overcoming supply chain challenges by diversifying sourcing channels and finding alternative producers. He shared examples of finding electronic chips in unconventional places and achieving significant price markups and payment terms. Additionally, they discussed the crucial aspects of initiating business with a client, emphasizing the significance of understanding the product before delving into sourcing strategies. The conversation underscored the need to balance cost and quality in sourcing decisions, with Herz providing insights into the approach and offering a means for further exploration through his website. Find Sebastian here: zignify.net Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and John Grace discussed the implications of the current market crash and the importance of being prepared for various market conditions. They emphasized the need for active management and greater diversification to limit losses and thrive, drawing parallels with the strategies employed by major endowments like Yale. Grace also delved into historical examples of market recovery, using the U.S. after the Great Depression and Japan as illustrative cases, and highlighted the potential of non-traditional investments, particularly in student housing and data center infrastructure, as avenues for investor salvation. The speakers stressed the significance of savvy investors prioritizing the limitation of losses over gains and the challenges and considerations involved in long-term financial planning.
Find John here: westlakefinancialadvisors.com
and here: https://www.cnlstrategiccapital.com/
Also, you can Check out: owning Student Housing and Data Center Infrastructure for AI that’s likely to hold up well here: https://www.breit.com/
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Ed Siddel discussed various topics related to the economy and the market. They examined the recent market crash, the Federal Reserve's approach, and the disparity between Main Street and Wall Street. They also talked about the housing market, highlighting the inventory shortage and localized weaknesses.
The speakers expressed contrasting views on the impact of the administration and economic policy, and they delved into the intricacies of the carry trade. They also discussed the Chinese economic crisis, expressing concerns about the lack of transparency in Chinese economic data and the associated risks for investors. The conversation underscored the complexity and interconnectedness of the global economy, emphasizing the need for a flexible investment approach in response to changing market conditions.
Find Ed here: egsifinancial.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Bob Hoye discussed the current state of the gold market and its investment potential, exploring the impact of inflation, mining costs, and the real price of gold on the profitability of gold mining companies. They expressed optimism about the performance of gold stocks relative to the S&P in the near future, particularly in the context of a potentially challenging economic environment. Another speaker discussed the potential entry of new players in the equity fund market into gold stocks, emphasizing the attractiveness of junior exploration bets.
The speakers also analyzed the potential repercussions of debt on the global economy and the implications of Fed cuts, emphasizing the importance of liquidity in investment portfolios. They offered valuable advice on corporate bond investments and shared insights on the seasonal trends of the stock market, providing a comprehensive overview of key considerations for investors in navigating the current financial landscape.
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Dudley Baker discussed various investment strategies and opportunities in the mining sector. Baker expressed uncertainty about when the sector would turn around but emphasized the potential for accumulation as a contrarian strategy, particularly due to the low prices of smaller mining companies. They also discussed the potential of stock warrants as investment vehicles and provided specific examples of companies with long-term warrants trading. Baker shared his portfolio insights and emphasized the importance of understanding warrants for investors, while also addressing common misconceptions and providing resources for further education on the topic.
The conversation also delved into insider trading and investment strategies, emphasizing the critical role of timing and patience in achieving substantial gains in the market. They drew on real-life examples to underscore the potential for significant returns within a short timeframe. Additionally, they discussed the intricacies of selling strategies for stocks, stressing the significance of timing and the need to take profits when the opportunity arises.
The meeting concluded with a discussion on the importance of considering differing opinions and the value of stock warrants as a filtering mechanism for investment services. Kerry Lutz recommended Dudley's website to listeners, highlighting its significance in the investment industry.
Find Dudley here: commonstockwarrants.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Anthony Saccaro discussed retirement planning and the potential impact of market volatility on retirement portfolios. Saccaro emphasized the importance of having a robust investment plan tailored to one's life stage and cautioned against allowing the stock market to dictate one's ability to achieve financial goals. He also stressed the significance of transitioning to an income-first mindset as retirement approaches, ensuring financial security and peace of mind. Lutz supported this approach, emphasizing the need for financial stability and cautioning against relying on risky investments.
Saccaro also discussed the benefits of being invested for income, which allows individuals to live off the earnings without depleting their retirement savings. He highlighted the positive impact of this approach on retirement lifestyle and financial security, emphasizing that it can lead to a happier retirement and increased spending while still ensuring financial stability. The discussion underscored the importance of early retirement planning and the potential consequences of delaying retirement planning until the last minute. Finally, Saccaro stressed the need for a well-tested plan and the value of having a financial advisor to assist with retirement planning and income management.
Find Anthony here: Providence Financial Inc
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Robert Kientz discussed a range of topics, including the recent Bitcoin conference in Nashville, the plans put forth by presidential candidates Trump and RFK to acquire Bitcoin and revalue gold certificates, the influence of money in politics, and the economic situations in China and the US. They highlighted the notable presence of big companies like BlackRock and KPMG at the Bitcoin conference, signaling a shift in the conference's traditional libertarian orientation. They also explored the evolving nature of Bitcoin, with the introduction of Layer 2 solutions and the potential impact on its decentralized vision.
Robert Kientz raised critical questions about the feasibility and implications of the proposals put forth by presidential candidates Trump and RFK, expressing doubts about the government's ability to ensure the funds are used for debt repayment and highlighting potential repercussions for Bitcoin holders and the stability of the cryptocurrency market. He also provided a comprehensive analysis of the influence of money in politics, emphasizing the impact of the 2010 decision treating corporations as people and allowing unlimited contributions. Additionally, Kientz delivered a comprehensive analysis of the economic situations in China and the US, shedding light on the contrasting currency and stock market conditions in both countries and discussing the potential transition to central bank digital currencies as a solution to the challenges faced by fiat currencies and current systems.
Find Robert here: X - Freedom Report
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Stryzewski discussed the Fed's decision not to cut rates and its impact on the market. David highlighted the potential consequences of further rate cuts, while Kerry questioned the Fed's motives in the context of the upcoming election. They also discussed the impact of elections on the economy and investment strategies, stressing the importance of risk, strategy, and tax diversification. The conversation touched on the need for reform in the financial sector and the importance of engaging in constructive national debates to address economic challenges.
Find David here: mySPG.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Alan Hibbard discussed the current market conditions and the upward trend in gold prices, exploring the various factors driving the surge in gold, such as central bank buying, geopolitical tensions, and inflation concerns. They stressed the importance of being prepared for economic downturns by investing in physical precious metals, recommending starting with an allocation to physical, investment-grade gold and silver. They also discussed safe storage options for gold, cautioning against using bank safety deposit boxes and recommending private safe deposit boxes at casinos. The conversation also touched on the potential time frame for the price of gold to make its move, with Alan expressing uncertainty about the continuation of the bull run due to various economic and political factors.
Find Alan here: goldsilver.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Paul Graham discussed the investment opportunities in oil and gas wells, highlighting the potential profits, tax benefits, and the process of investing in reworked and producing wells. They emphasized the importance of understanding the market and operators before making an investment, drawing parallels between this investment and real estate syndications. They also discussed the impact of market fluctuations on oil prices and the role of operators in maximizing returns while minimizing risks for investors. Additionally, they provided insights into how individuals can connect with Paul Graham and explore investment opportunities in oil and gas, while also touching upon the current market dynamics and the intriguing nature of oil investing.
Find Paul here: Paul Graham and here: trevinoresources.com
Find Kerry here: FSN and here: inflation.cafe
Ivan Bebek, CEO of Coppernico Metals sat down with us to provide a comprehensive sponsor update on the company's Peruvian Sombrero project. He discussed the many nearly insurmountable challenges faced and the perseverance needed to develop the project. He highlighted Coppernico's strong financial position and its potential impact on the resource sector. He also explained why majors like Teck Resources and Newmont invested in the project. They saw the large potential upside, while providing third-party validation of the project’s eventual success. Projects of this magnitude are getting harder and harder to find.
Bebek talks about the project's significant potential and is understandably optimistic about its future prospects and the substantial long-term benefits for the local community. He also covered the company's imminent listing on the Toronto Stock Exchange (TSX), its exploration upside, its extensive land package, historical drilling, and the critical age-dating of the mineralization, which caused the project to be long overlooked by prior parties.
As long-time shareholders, we look forward to Coppernico’s listing and the forthcoming initial drill results.
Company website: www.CoppernicoMetals.com
Future TSX Ticker Symbol: COPR
Kerry Lutz spoke with Michael Moor of Moor Analytics to provide insights into market trends, with a specific focus on energy, gold, and Bitcoin. Moor conducted a detailed technical analysis of crude oil, discussing potential bullish indicators and the influence of heating oil on the market complex. The conversation delved into the interplay between technical and fundamental analysis in predicting market movements, providing valuable insights for listeners.
Michael presented a comprehensive analysis of the gold and Bitcoin markets, emphasizing bearish trends and potential price projections. He also presented a trading strategy focused on minimizing risks and maximizing profits, emphasizing the need to avoid holding long positions for extended periods. The meeting concluded with a plan to review the S&P and natural gas markets.
Find Michael here: mooranalytics.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Mindy McIntosh discussed various topics related to the economy and global issues. They talked about the recent GDP numbers and the positive impact on the economy, but also expressed caution and highlighted the need for stability and addressing challenges such as housing units and job opportunities. They also discussed the potential impact of AI on jobs and stressed the importance of finding a balance between utilizing AI tools and safeguarding jobs for individuals. The severe flooding in China and its potential impact on global markets and trade was also discussed, with frustration expressed over the lack of media coverage and a call for international aid and cooperation. Finally, they expressed concerns about the upcoming U.S. election and its potential impact on the economy, emphasizing the importance of unity and collaboration in facing global challenges. Find Mindy here: wealthmichigan.com Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Martin Armstrong discussed the current state of government and public trust, expressing concern over the polarized nature of the United States and the global erosion of public trust in governments. They also discussed the upcoming election, including potential candidates and the impact of debates and convention locations. The conversation also touched on the frustration and absurdity surrounding excessive laws and the resulting punishments, as well as the challenges of reaching politicians and the influence of the "swamp."
Martin also presented a strategy to initiate a war before Trump takes office in order to manipulate him, and warned of a potential false flag event in August to September. They also discussed the economic repercussions of sanctions and the division of the world economy due to the use of the dollar as a weapon, emphasizing the impact on global trends and the destruction of the world economy by the head of SWIFT.
Overall, the meeting covered a wide range of topics related to government, politics, and economics, with a focus on historical parallels and potential future implications.
Find Martin here: armstrongeconomics.com
Find Kerry here: FSN and here: Inflation.Cafe
Avi Gilbert shared his market predictions, anticipating one more rally before a long-term correction. He expressed concerns about the banking industry, comparing the current state of bank balance sheets to the 2007 crisis and discussing the potential for a banking crisis. Additionally, an analyst presented a forecast for a long-term bear market and emphasized the need to prepare for multiple market crashes and rallies. The speakers engaged in a detailed discussion about the potential impact of AI on the market, with Avi expressing skepticism and caution. The conversation also touched on the importance of being debt-free and having marketable skills in preparation for potential market shifts. Find Avi here: ElliottWaveTrader Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Erfle discussed various topics related to the mining industry. They analyzed the gold and silver markets, highlighting the ongoing bull market for metals and the undervaluation of silver compared to gold. They also discussed the jurisdictional risks and permitting challenges in the mining industry, emphasizing the multifaceted considerations that mining companies must navigate when evaluating potential jurisdictions for their operations.
Additionally, they discussed the current state of the gold mining sector, emphasizing the potential for a sector rotation into gold mining stocks. Finally, they discussed the junior mining sector, emphasizing the importance of seeking growth opportunities and new discoveries due to declining reserves and the need for thorough due diligence and transparency in investment recommendations.
Find David here: juniorminerjunky.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Darryl Schoon discussed various topics related to the impact of AI, the fragility of complex systems, and the significance of gold and silver in the financial industry. Darryl expressed his doubts about AI's ability to distinguish truth from information and highlighted the limitations of information in solving problems. He also discussed the consequences of central banks' actions on the financial community and the economy, emphasizing the challenges faced by both in managing the liquidity of the economy.
The conversation also explored the risks within the financial industry, the prioritization of profit over safety, and the societal impact of these issues. Finally, they discussed the essential role of gold and silver in navigating through economic challenges and preparing for the next cycle of growth.
Find Darryl here: drschoon.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Craig Hemke discussed the recent movements in the metals market and the upward trend of Bitcoin. They expressed optimism about the potential for a strong seasonal period for gold and silver in August, citing historical trends. However, they also discussed the challenges of projecting future price movements in the gold market due to its unprecedented territory.
Craig Hemke provided a comprehensive analysis of the silver market, illustrating its unique position as both an industrial and monetary metal, influenced by the movements of gold and copper. The conversation also touched upon the actions of market regulators and their impact on price movements, highlighting the complexities of the precious metals market.
The discussion also focused on the seasonality of the market, highlighting the strength of late July through August and the first half of September. Craig Hemke provided insights into the economic fundamental picture, discussing the anticipation of rate cuts, the upcoming FOMC meeting, and the potential impact of the next jobs report. He also provided a detailed analysis of the Commitment of Traders report, highlighting the historical trends and their impact on gold and silver prices.
Kerry Lutz acknowledged the significance of seasonality in market trends and discussed the potential impact of the upcoming jobs report on trading decisions. Overall, the conversation stressed the importance of physical metals as a long-term insurance policy against economic uncertainties, particularly in the face of escalating national debt and potential market volatility.
Find Craig here: tfmetalsreport.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Andrew Horowitz discussed various topics related to the stock market and the economy. They talked about the impact of the Fed's actions on interest rates and market dynamics, including the potential inflationary consequences of bank lending practices and the significance of the yield curve steepening for net interest margins for banks. They also explored the psychological and economic implications of deflation and inflation, highlighting the Fed's desire for a controlled level of inflation and the potential for changes in the inflation rate target.
The conversation also touched on the impact of global investment on the stock market, emphasizing the influence of countries with sovereign wealth funds like Switzerland, Japan, and Norway. They discussed the market's response to stock buybacks, highlighting the valuation concerns surrounding high-tech companies and the potential impact of AI on productivity and earnings. The conversation also provided valuable insights into the complexities of the electric vehicle market and the factors influencing Tesla's future prospects. Finally, they explored the role of batteries, Tesla's Megapacks, and the growth of data centers, highlighting the potential challenges and opportunities for utilities in meeting the escalating energy demands.
Find Andrew here: thedisciplinedinvestor.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Casey Chohan discussed wealth generation and tax strategies, focusing on the use of private non-operating family foundations to pass on wealth generationally and minimize taxes. Chohan explained the different types of nonprofits and how high net worth individuals can retain control of their donated funds while still benefiting from tax deductions. He also highlighted the flexibility and advantages of using foundations to invest in assets and real estate, as well as the tax benefits they offer, including property tax exemptions and lower capital gains tax rates. The conversation provided valuable information for high net worth individuals seeking to optimize their financial strategies. Find KC here: togethercfo.com Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Chris Vermeulen delve into key financial topics including the stock market, gold and silver markets, crude oil market, U.S. dollar index, and inflation. Vermeulen shares his expertise on the late stages of the stock market, stressing the importance of staying invested and following trends until a clear reversal appears. He predicts a short-term downside for gold at a certain level but foresees a future cleansing event similar to the 2008 crash. Despite this, Vermeulen is optimistic about a multi-year uptrend in gold and silver, forecasting silver to rise to $34-37 in the next one to two months.
The conversation also explores the transformative potential of a new digital currency in the coming years and the significant changes it could bring to the financial system and global economy. They discuss the economic implications of political decisions, such as tariffs on Chinese goods, on inflation rates. Vermeulen expresses concerns over the necessity of a market reset to curb inflation and its potential impact on businesses and consumers.
Overall, this meeting provides a thorough analysis of market trends and emphasizes the need to closely monitor these developments in the months ahead.
Find Chris here: TheTechnicalTraders.com
Find Kerry here: FSN and here: Inflation.Cafe
Kerry Lutz and Eddy Gifford discussed various topics related to investment portfolios and the economy. They expressed concerns about the impact of inflation on consumer expenses and economic growth, as well as the shift towards part-time employment and the potential for stagflation. The conversation also touched on the surge in cryptocurrencies and the importance of diversification beyond traditional stocks and bonds, including non-correlated assets such as precious metals and managed future strategies.
Both emphasized the need for true diversification and risk management in investment portfolios, with Gifford likening diversification to an insurance policy. The meeting concluded with Gifford offering his contact information to help people meet their financial goals.
Find Eddy here: Tactive Wealth
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Carl Gould discussed the transformation of the retail industry, focusing on the challenges faced by traditional department stores such as Neiman Marcus. They explored the impact of branding and the potential for smaller, more interactive stores to thrive in the evolving retail landscape. The conversation also touched on the impact of inflation and consolidation on the sector, as well as the integration of AI technology.
They discussed the potential for AI to revolutionize personal shopping and concierge services, and speculated on the use of iconic voices such as Marilyn Monroe and Burt Reynolds in AI interactions. The conversation highlighted the rapid changes occurring in the industry and the absence of centralized management, reflecting the essence of capitalism.
Find Carl here: Carl Gould
Find Kerry here: FSN and here: inflation.cafe
In this meeting, Kerry Lutz and John Rubino discuss a range of topics, including the current political landscape, potential VP candidates for Trump, the impact of rising gold prices on mining companies, Tesla's recent performance, the stock market's sustained growth and potential risks, the influence of media on critical thinking and political division, and personal anecdotes. They analyze and speculate on each topic, providing valuable insights and perspectives. The speakers delve into the potential impact of Biden's mental state on the political landscape, as well as the media's portrayal of it. They also explore potential VP candidates for Trump, weighing the strengths and weaknesses of individuals like Gavin Newsom, Vivek Ramaswamy, J.D. Vance, Byron Donalds, Ben Carson, and Tulsi Gabbard. Additionally, they discuss the potential effects of the substantial increase in gold prices on mining companies, particularly major producers like Newmont and Agnico. They also analyze Tesla's recent performance, highlighting the surge in vehicle deliveries and the significant impact of reduced lithium prices on electric vehicle production. The conversation also touches on the stock market's sustained growth and potential risks, the influence of media on critical thinking and political division, and personal anecdotes. The speakers emphasize the need for individuals to seek out trustworthy sources of news and promote critical thinking and discernment in the face of increasingly sophisticated AI-driven content. They also commend individuals like Jimmy Dore, Glenn Greenwald, and Matt Taibbi for their commitment to truth-telling, which has garnered appeal among libertarians. The meeting concludes with well wishes and expressions of excitement for upcoming events. Find John here: rubino.substack.com Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Dunagun Kaiser discussed the current economic challenges, focusing on the impact of broken supply chains and the potential stress on companies and banks due to the necessity of refinancing business loans at higher interest rates. They expressed concern about the lack of preparedness among retirees who rely on traditional financial assets and emphasized the importance of precious metals as a hedge. The speakers also discussed the devaluation of the dollar and the potential role of cryptocurrencies in the future financial landscape, highlighting the need for financial resilience and a shift in mindset to prepare for potential economic uncertainties. Both speakers stressed the importance of understanding the evolving financial environment and reevaluating financial strategies. Find Dunagun here: libertyandfinance.com Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Alex Thoric discussed digital marketing strategies and platforms, focusing on the use of paid ads on social media platforms like Facebook, Instagram, and LinkedIn to target specific audiences. They also talked about the growing importance of TikTok and its impact on driving traffic to other platforms like Instagram and YouTube. The conversation included insights into successful campaigns on Facebook and Instagram, with Alex sharing a case study of a gym's campaign during the COVID-19 pandemic. The meeting ended with information on how to connect with Alex and access his services.
Find Alex here: Building Income on Demand
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Gary Wagner discussed various topics, including the current state of the gold and silver markets, the potential influence of Federal Reserve policy, and the impact of AI on content creation. They analyzed the performance of precious metals, considering market trends and the pandemic's impact on the economy. They explored the potential implications of future rate cuts by the Fed, highlighting the challenges posed by the growing national debt and the need for effective government spending measures. The discussion also delved into the impact of interest rates on gold and silver investments, with Wagner advocating for a long-term allocation to precious metals and selective equity investments. Finally, they discussed the transformative impact of AI on content creation processes and the potential for AI to revolutionize the industry. Find Gary here: TheGoldForecast Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Yvonne Blaszczyk discuss the potential future of gold as a currency, highlighting the need for a coordinated effort among countries and the impact of central bank buying on the trend. They also emphasize the fragility of the current financial system and advocate for gold as a means of wealth preservation due to geopolitical chaos and trading alliances. The conversation touches upon the potential implications for countries like China and Russia, and the challenges associated with transitioning to gold-backed currencies in the global economy. They stress the importance of understanding the system's fragility and the dangers of following the herd, drawing parallels to the Titanic and emphasizing the need for strategic planning in the face of potential economic collapse.
Find Yvonne here: BMG Group
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Paul Oster discussed the impact of inflation on consumers, highlighting the surge in prices for everyday necessities and the challenges it poses for aspiring homeowners and retailers. They also raised concerns about the growing credit card debt, particularly among the younger population, and provided comprehensive advice on managing credit card debt, emphasizing the need to create a plan and prioritize payments. The conversation shed light on the multifaceted nature of credit scores and the significant financial implications they carry, stressing the importance of closely monitoring factors like utilization ratio, credit history, types of credit, and new credit, and offering practical advice for maintaining a healthy credit score.
Find Paul here: betterqualified.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Grace Vandecruze discussed the concept of adversity and its transformative power. Grace shared her personal experiences of overcoming adversity, including losing her family home to flames and climbing Mount Elbrus. The conversation also touched on the importance of resilience, determination, and courage in achieving success, both in personal and professional contexts.
Grace also discussed her approach to client relationships in the insurance industry, emphasizing the importance of financial security and empowerment, and the need to address childhood money memories. Finally, the conversation ended with Kerry expressing his admiration for Grace's journey and plans to read her book, "Homeless to Millionaire, Six Keys to Uplift Your Financial Abundance."
Find Grace here: graceglobalcapital.com
Get her book here: financialabundancewithgrace.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Jim Welsh discussed various economic indicators, including the first quarter GDP revision, consumer spending, unemployment rate, and yield curve inversions, to suggest a potential market slowdown and its implications for the economy and stock market. They also explored the warning signs in the stock market, focusing on the divergence between semiconductor stocks and the broader market, and discussed the potential for a gold rally to a new all-time high. Additionally, they shared insights on the potential rise in bond prices and yields, the impact of the dollar index on gold and the US economy, and a projected correction in the S&P.
Find Jim here: macrotides.com
View his special report here: https://bit.ly/3RLsrCF
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz introduced Eric Hadik, who provided a detailed analysis of the recent movements in gold and silver prices. Eric suggested that gold and silver have reached a new plateau and may undergo a consolidation phase before a potential surge in the future. The conversation then delved into the recent highs of Bitcoin and the dollar, examining their respective impacts on the broader currency landscape.
Eric provided a comprehensive perspective on the longer-term trajectory of the dollar and the potential implications for global currency dynamics. The meeting also included a detailed analysis of the oil energy market, projecting a potential multi-month low in crude oil around mid-July.
Finally, the speakers engaged in a discussion about the significant market factors, particularly emphasizing the potential for increased attention on precious metals as they surpass intermediate plateaus, and the impact of the present election on market cycles.
Find Eric here: insiidetracktrading.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Natalie Dominguez discussed the growing trend of home title fraud and the need for homeowners to protect their properties against this threat. Natalie provided valuable insights into the multifaceted nature of title theft and recounted a troubling case where a woman's home was fraudulently mortgaged. Home Title Lock was highlighted as a solution, offering round-the-clock monitoring of property records, alerts to any filings, and restoration services in the event of fraud.
The conversation emphasized the importance of accurate home recording and the potential risks associated with public data sales in Florida. Overall, the meeting underscored the urgent need for protection against fraudulent home title activities and the value of Home Title Lock's triple lock protection.
Visit HomeTitleLock.com Use the discount code FREE30
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Dana Samuelson discussed the current state of the precious metal markets, with a focus on gold and silver. They analyzed various driving factors, including increasing debt, geopolitical tensions, potential US recession, falling interest rates, and central bank gold buying, all of which are expected to contribute to gold's upward movement. Dana presented a compelling case for silver as an investment, emphasizing its favorable valuation compared to gold and projecting a price range of $40 to $45 per ounce. The discussion also touched on the best practices for purchasing and authenticating precious metals, with Dana highlighting the importance of dealing with experienced dealers and avoiding counterfeit products.
Find Dana here: American Gold Exchange
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Andrew Ragusa discussed various topics related to the real estate industry and the economy. They talked about the impact of inflation on the economy and the need for individuals to invest in physical assets like real estate, gold, and silver. They also discussed the challenges and opportunities associated with retiring in New York, highlighting the difficulties retirees face due to high property prices and taxes. The speakers emphasized the importance of making informed decisions regarding real estate investments, considering the evolving market conditions. The conversation also touched on the antitrust settlement between the National Association of Realtors (NAR) and its impact on the real estate industry. Ragusa explained that the case was about sellers being forced to pay a buyer's agent, leading to increased closing costs for buyers. They also discussed the importance of establishing oneself in the real estate industry and making a positive impression on clients to thrive in the business. The speakers underscored the value of professional realtors who provide essential services, expertise, and negotiation skills, and highlighted the significance of finding a reputable realtor through word of mouth and online reviews. Find Andrew here: Andrew Ragusa IG Find Kerry here: FSN and here: inflation.cafe
In this sponsor update, Dolly Varden Silver's (🇺🇸DOLLF -- 🇨🇦DV) CEO, Shawn Khunkhun, shared an exciting update on the company's recent drill results and the future potential at various silver deposits. Highlighting impressive silver strikes at the Moose and Chance veins (977 g/t Ag over 5.00 meters and 3,670 g/t Ag over 0.79 meters) he compared the adjoining deposits to a "string of pearls." Khunkhun conveyed his confidence in the possibility of discovering multiple 50 million ounce silver deposits. He pointed to the company’s financial strength and its ability to expand the drill program as needed. Khunkhun also discussed the recent rise in industry merger and acquisition (M&A) activity, driven by renewed interest from mid-tier and major silver/gold producers, who are extremely anxious about their dwindling reserves. He expects M&A activity to intensify, signifying potential growth and consolidation in the market and further opportunities for DVS. The conversation delved into the potential catalysts and risks impacting the commodities/precious metals markets, such as central banks' shift away from the US dollar, economic slowdowns, and currency wars. One under appreciated factor is the company’s implementation of directional drilling at the Wolf deposit, which could significantly enhance exploration efficiency and results. Khunkhun expressed optimism about forthcoming drilling results, the majority of which have yet to be released. Company website https://dollyvardensilver.com Disclaimer: Dolly Varden Silver (DVS) has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in DVS’s presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
In this exclusive interview, Martin Armstrong delves into the current economic and political landscape. Armstrong expresses concerns about the elites' potential actions to prevent Trump from winning the upcoming election and the desire for war as a political tool. He forecasts a decline in the economy until 2028, citing consumer distrust and election uncertainties as key factors. Armstrong critiques Amazon's diversity initiatives, linking them to unionization efforts, and questions the effectiveness of such policies. He draws comparisons between the potential recession's impact on global stock markets and the stagflation of the 1970s, noting the current administration's low approval ratings and the diminishing public trust in government. The conversation also explores the influence of unelected officials in Washington, the vetting of presidential candidates, and the IMF's digital currency as a potential threat to the US dollar's dominance. Armstrong underscores the importance of a stock market rebound and suggests that war could be used as an excuse for economic default. The discussion offers a candid view of the challenges facing central banks in maintaining economic stability. Find Martin here: ArmstrongEconomics Find Kerry here: FSN and here: inflation.cafe
Michael Pento expressed deep concern about the current state of the stock market, highlighting the disproportionate influence of a few key stocks on the market's overall performance. He warned about the potential dangers of this imbalance and emphasized the need for caution in the face of a market that appears to be thriving on the surface but is, in reality, exhibiting signs of weakness and instability. Pento also raised significant concerns about the US economy's insolvency, highlighting the potential risks of excessive borrowing to combat a recession and the impact on bond vigilantes.
Furthermore, Pento discussed the potential impact of the $1.7 trillion of QE from the reverse repo facility and its potential to trigger a liquidity crisis, along with a temporary strengthening of the US dollar. He also expressed deep concerns about the potential destruction of the dollar against hard assets and the possibility of protracted stagflation. The discussion also touched on the potential role of future policymakers in managing the economic fallout, the potential need for a debt jubilee or restructuring, and the urgency of developing a strategy to navigate the impending crisis. Kerry Lutz acknowledged the unsustainable nature of the situation and the need for a more sustainable monetary policy.
Find Michael here: pentoport.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Andy Schechtman discussed the transformative shifts occurring in the gold and silver markets. They analyzed the changing dynamics of price-setting, the impact of rehypothecation on market suppression, and the increasing significance of commodities over currencies. They also highlighted the coordinated efforts of countries in the Global South to stand for delivery of physical metals, signaling a new phase in the global market landscape. The conversation also touched upon the strategic actions of countries like China and India in accumulating and repatriating gold, underscoring the evolving power dynamics in the precious metals market.
The speakers also expressed deep concerns about the over-leveraged and under-capitalized world, highlighting the potential repercussions of rising interest rates and the strain on the financial system. They questioned the sustainability of the current economic situation and pointed out significant shortfalls in government programs. Both speakers emphasized the need to be contrarian and cautious in the face of these economic challenges.
The conversation also delved into a detailed discussion about their investment strategies and perspectives on Bitcoin and gold. Both speakers advocated for a complementary approach to Bitcoin and gold investments, recognizing the potential for exponential growth with Bitcoin and the historical value of gold as a hedge against inflation. They also discussed the importance of reputation and social proof in their industry, emphasizing the significance of maintaining a high standard and the impact of third-party endorsements on credibility.
Find Andy here: milesfranklin.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Max Osbon discussed various topics related to investment opportunities and market trends. They emphasized the importance of understanding the individual behind the company and their background, as well as the significance of AI in evaluating market conditions and identifying healthy market conditions. They also discussed the challenges of interacting with government regulations and the impact of previous experiences on a founder's approach to business.
The conversation also touched on the institutionalization of call selling and the potential risks it poses to the market, as well as the reliability of expert opinions and the need for trustworthy sources of information. They delved into the challenges and opportunities in the energy sector, with Lutz expressing skepticism about renewables and emphasizing the need for more energy, while Osbon explored the potential of natural gas as a cleaner and more efficient fossil fuel solution.
Find Max here: osboncapital.com
Find Kerry here: FSN and here: inflation.cafe
The meeting between Kerry Lutz and Rick Rule covered a range of investment strategies and opportunities. Rule shared his experiences with uranium and oil markets, emphasizing the importance of patience and confidence in his convictions. He also discussed potential opportunities in platinum and palladium investments, highlighting the role of market trends and social circumstances on production and prices.
The discussion then moved on to the natural gas market, covering topics such as oversupply, historical usage trends, environmental considerations, and future demand. Rule highlighted specific companies like Devon and EQT for different regions and expressed frustration with Canadian Prime Minister Trudeau's reluctance to sell Canadian natural gas.
The conversation then turned to the silver market, with Rule sharing his experiences from previous silver bull markets and emphasizing the impact of generalist investors on the market. Lutz and Rule also delved into the intricacies of short selling and market dynamics, drawing on recent events like GameStop's short squeeze to illustrate their points. Rule presented a compelling case for the potential success of precious metals and mining stocks, highlighting the challenges in treasury securities relative to inflation and the potential quadrupling of demand in the U.S. market. The discussion also touched on the US dollar, market cycles, and investment approaches.
Finally, Rule provided comprehensive information about his upcoming events, covering the virtual boot camp and the annual conference in Boca Raton, Florida. He emphasized the in-depth nature of the workshops and the specific focus on private placements and due diligence, as well as the caliber of speakers and the rigorous vetting process for exhibitors. Rule also highlighted the gold-plated money-back guarantee for attendees, showcasing the unique value proposition of these events.
Find Rick here: ruleinvestmentmedia.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Ted Thatcher discussed the recent PPI and CPI numbers and their significance in relation to inflation and potential rate cuts. They explored Jerome Powell's perspective and the political incentives for rate reductions, emphasizing the influence of financial markets on Fed decisions. The discussion also touched on the growing disparity between Wall Street and Main Street, expressing apprehension about the impact on average Americans. Additionally, they explored the evolving nature of CPI measurement and its implications for understanding inflation, and the potential effects of political influences on economic policies. The conversation concluded with a reflection on the need for vigilance and caution in financial decision-making, given the complex interplay of economic, political, and market forces.
Kerry Lutz and John Rubino discussed various indicators pointing towards an economic slowdown, attributing it to factors like higher interest rates and government interventions through liquidity injections. They also touched upon the upcoming election and its potential influence on the economic narrative. The speakers expressed differing views on whether the current trend in the gold and silver market represents a temporary correction or a continuation of the bull market.
The conversation also explored the multifaceted impact of current events on the political landscape, emphasizing the challenges faced by the Biden administration, such as inflation, border control issues, and escalating international conflicts. They highlighted the emergence of a paradigm shift towards government intervention and the implications for future political strategies. Additionally, the speakers engaged in a speculative conversation about the potential imprisonment of Trump, considering the implications and motivations behind such a scenario. Finally, they discussed the escalating tensions in Ukraine, expressing deep concern about the potential for World War III and analyzing the involvement of NATO and the US.
Find John here: Rubino.SubStack.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Eddy Gifford discussed the potential implications of inflation decreasing and the implementation of rate cuts. They also emphasized the importance of portfolio diversification, including commodities and cryptocurrencies, to achieve uncorrelated returns and mitigate risk. Eddy provided insights into measuring risk and the need for exits in place during market downturns to safeguard assets. The conversation ended with Eddy suggesting ways to connect with him for further discussions and Kerry providing his contact information, highlighting the importance of staying informed during uncertain times.
Find Eddy here: tactivewealth.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Morgan discussed the recent performance of gold and silver, with both metals experiencing significant rallies. They projected potential trading ranges for silver between $29 and $31 and gold between $2,200 and $2,400. The speakers also discussed the dynamics of the silver market, highlighting the substantial demand from industries like photovoltaics and projecting a billion ounce market for the next 10 years. They expressed shared concerns about the environmental impact and efficiency of energy production, emphasizing the need for alternative sustainable solutions and greater awareness and exploration of alternative sustainable energy options to address the challenges associated with energy and sustainability.
Find David here: themorganreport.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Wright discussed various topics related to the economy and investment strategies. They expressed skepticism about the accuracy of the recent jobs report and its potential impact on interest rates. They also explored investment options such as precious metals and discussed concerns about meme stocks and abusive short selling.
David Wright emphasized the preference for dividend-oriented investments for retired clients and expressed apprehension about the economic landscape. The conversation ended with discussions about where to find David Wright's services and a friendly exchange of appreciation between the speakers.
Find David here: Wright Financial Group
Find Kerry here: FSN and here: inflation.cafe
In this meeting, Kerry Lutz interviews Brian Boyd about the potential of real estate investing and Airbnb opportunities. Boyd emphasizes the possibility of replacing a nine-to-five income through real estate investments and provides examples of how properties can generate substantial income, particularly in locations like Nashville and Gatlinburg. They discuss Airbnb investment strategies and rental arbitrage, emphasizing the importance of avoiding overbuying and focusing on smaller properties that can generate consistent income.
Boyd provides a comprehensive overview of real estate market growth, focusing on areas such as Montana, the western U.S., Tennessee, Texas, Florida, South Carolina, North Carolina, California, New York, and Michigan. They also touch on the impact of COVID-19 on market saturation and regulatory changes.
Find Brian here: briantboyd.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Wolf Richter discussed various topics related to the evolving landscape of different industries. They analyzed the challenges faced by office buildings in major cities due to remote work and the potential for repurposing suburban office buildings into residential developments. They also explored the impact of de-globalization on intellectual property concerns and the challenges faced by manufacturers operating in China. Additionally, they discussed the resilience of electric vehicle sales and the evolving landscape of the automotive industry. Furthermore, the speakers emphasized the potential benefits for utilities from the increasing adoption of EVs and the role of battery installations in managing electricity demand and supply. They also expressed concerns about the energy consumption of AI data centers and the implications for the electrical grid. Overall, the discussion highlighted the complex and far-reaching implications of technological advancements and societal changes on various sectors of the economy. Find Wolf here: wolfstreet.com Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Mark Skousen discuss the upcoming Freedom Fest event in Las Vegas, highlighting the growing appeal of libertarianism and the shift away from traditional left-right politics. They emphasize the diverse lineup of keynote speakers, including Javier Miele, Ice-T, and Rob Snyder, and the various events and activities planned for the conference, such as the presidential debate and the Anthem Film Festival. The conversation also touches on Las Vegas as a libertarian paradise, discussing its evolution from a gambling-centric destination to a multifaceted hub of entertainment, museums, and events. The discussion also delves into the stock market's performance, emphasizing the influence of gridlock, tax cuts, and the Federal Reserve's actions. They express apprehension about deficit spending and the potential for a boom-bust cycle due to a shift in monetary policy. Additionally, they highlight the upcoming financial conference's focus on managing permanent inflation and the potential need for a return to a gold standard. The conversation also touches on the government's narrative regarding inflation and the upcoming FreedomFest event, with details on hotel arrangements and contact information for attendees. Overall, the meeting highlights the excitement and anticipation surrounding the upcoming Freedom Fest event and the diverse range of topics and speakers that will be featured. For the FSN community members who will be at Freedom Fest, email me at kl@kerrylutz.com and if we have enough people I will do a meetup with drinks and appetizers. Visit FreedomFest here: freedomfest.com Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Carl Gould discussed the impact of Target's recent price reductions on consumer behavior and the retail industry, as well as the potential implications for the economy and the upcoming election. They also highlighted the fragility of the supply chain due to shortages in the housing market and truck drivers, as well as incidents like the Suez Canal blockage and the drought at the Panama Canal. They suggested that small to mid-sized businesses may need to adapt by diversifying their sourcing to de-risk their supply chain. Finally, they explored the potential impact of AI and automation on various industries, including the challenges of autonomous driving in urban areas and the potential for job displacement.
Find Carl here: carlgould.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Mindy McIntosh discussed the importance of a well-diversified investment strategy during periods of low volatility, and the impact of inflation and interest rates on consumer behavior, particularly in the housing and bond markets. They also addressed the shift in market sentiment from expectations of a soft landing and transitory inflation to a more permanent and impactful economic landscape, signaling the need for careful consideration of investment and retirement planning strategies. Mindy provided insights into the impact of interest rates, national debt, legislative risk, and taxation on retirement planning, while Kerry emphasized the importance of caution and personalized financial planning based on individual timelines and circumstances. They also discussed the need to anticipate and navigate potential economic changes, and the importance of diversification and income planning for seniors, particularly in the context of long-term care.
Find Mindy here: wealthmichigan.com
Find Kerry here: FSN and here: inflation.cafe
We sat down with Gwen Preston, newly named VP of Investor Relations at West Red Lake Gold Mines (🇺🇸WRLGF -- 🇨🇦WRLG), for a sponsor update. Formerly known as the Resource Maven, Gwen shared her decision to transition from a decade-long leading resource newsletter publisher to her recent appointment to the WRLG management team. After a visit to the Madsen mine, her reservations about the company quickly turned to extreme optimism . She witnessed firsthand CEO Shane Williams’s highly capable team and their efforts to correct and profit from Madsen’s past owner’s miscalculations.
The key is WLRG's focus on the "golden runway" of production by mid-2025. 2024 will lay the ground work for the mid-2025 mine restart.
In a recent oversubscribed offering, WRLG raised C$33 million and now has the financial wherewithal to implement its plan. In addition, Gwen shared a big surprise, they found thousands of gold ounces hidden in the mill’s nooks and crannies, due to prior management's practices. While the restart is priority one, WRLG continues its drill program and recent results have only reaffirmed their initial purchase decision. If drill results continue their trend, Madsen will be producing for many years ahead.
Company website https://WestRedLakeGold.com
Disclaimer: West Red Lake Gold Mines has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in West Red Lake Gold Mines' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.
Financial professional Chad Olivier discussed his optimistic outlook on market trends, emphasizing the importance of sound financial planning and investing in companies with high growth and low debt. He addressed concerns about inflation, commercial real estate shifts, and the banking crisis, highlighting the need for clients to understand their risk tolerance and adjust their portfolios accordingly. The conversation also delved into the Federal Reserve's strategy regarding rate adjustments and its potential effects on the market, as well as the potential risks and benefits of long-term CDs, AI stocks, cryptocurrencies, and precious metals as a hedge in investment portfolios. They also discussed the potential impact of the upcoming election on the financial markets and provided information on how to connect with financial planning services.
Find Chad here: oliviergroup.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Erfle discussed the recent surge in gold and silver prices, exploring the potential for junior miners to follow this trend. They also analyzed the technical confirmation of a breakout in silver, signaling a bullish outlook for the sector. The conversation delved into the outperformance of the silver junior ETF, the relative strength of silver compared to gold, and the decreasing gold-silver ratio, all pointing towards a full-blown bull market in the precious metals. They also discussed the impact of Asian and Indian demand, geopolitical instability, rising debt, inflation, and potential stock market corrections on the precious metals market, providing valuable insights for investors.
The discussion also focused on the gold mining sector, with David Erfle analyzing Newmont's outstanding Q1 results and the potential for a strong Q2. He emphasized the significance of these results in attracting attention from fund managers and investors, especially as gold prices continue to rise. Additionally, they discussed the impact of oil prices on mining costs and the potential for a significant earnings spike in the sector. The conversation also delved into the Junior Miner Junkie subscription service, with David providing a comprehensive overview of the service's offerings, emphasizing the transparency of his trades, macro analysis, and coverage of recommended stocks and top news stories in the precious metals sector.
Find David here: JuniorMinerJunky.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Ross Givens discussed the controversial practice of insider trading by members of Congress, highlighting specific instances where politicians have used privileged information for personal financial gain. They also talked about the Stock Act, which requires politicians to disclose their stock trades with a 45-day lag time, and the challenges and opportunities of tracking corporate insiders for successful stock trading. Ross Givens presented insider buying as a successful strategy for stock investments, emphasizing the importance of identifying clusters of insider buying and sharing examples of stocks that saw substantial gains following significant insider purchases. The discussion underscored the ethical and legal implications of leveraging insider information for trading and emphasized the importance of transparency and equal access to information in the stock market.
Find Ross here: tradersagency.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Lobo Tiggre discussed the economic developments in Argentina and Mexico. They highlighted the positive changes in Argentina due to the current administration's measures to reduce government spending and regulations, resulting in a decrease in inflation and potential investment opportunities. However, they expressed concerns about the economic trajectory of Mexico, particularly in light of potential restrictions on mining activities and associated investment risks.
The conversation also touched on the impact of inflation on consumer behavior, particularly among the younger demographic, and the potential for a significant shift in economic and voting behavior. Lobo Tiggre also discussed the factors contributing to the potential increase in gold and silver prices, including economic scenarios, central bank buying, and geopolitical tensions.
Find Lobo here: independentspeculator.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Doug Casey discussed a range of topics, including the revolution in Argentina, the real estate market in Argentina and Uruguay, the US political environment, the surging prices of gold and silver, and investment opportunities. They explored the election of an anarcho-capitalist president in Argentina and the country's global significance, as well as the potential impact of a ruling cabal. Doug Casey shared his personal experience of purchasing a large penthouse in Buenos Aires at a fraction of the cost compared to a similar property in New York, and suggested Uruguay as an attractive option for individuals seeking waterfront properties at a more affordable price compared to the US market.
The discussion also delved into the US political environment, with Kerry and Doug exploring Trump's potential approach to the presidency, the deep divide between Republicans and Democrats, and the potential for election manipulation. They expressed concerns about the impact of this polarization and predicted the Democrats' victory in the upcoming election. Additionally, they discussed the surging prices of gold and silver, with Doug expressing his strong belief in the continued upward trajectory of gold prices, citing the current global economic situation and substantial money creation as key factors. Finally, they highlighted the potential for growth in energy and mining stocks, particularly given their small market caps and historical underrepresentation in the market.
Visit Doug @ https://internationalman.com/
Kerry Lutz and Alan Hibbard discussed the current state of the precious metals market and investment strategies. Alan shared his investment portfolio, which includes gold, silver, and Bitcoin, and discussed his long-term investment approach. They also talked about the potential impact of inflation on real estate and other asset classes, comparing the historical performance of real estate and gold during inflationary periods.
The conversation also touched on the potential impact of inflation on debt repayment and the implications for the government and banking sector. Lastly, they explored the possibility of budget cuts and stabilization efforts in the US, expressing skepticism about the feasibility of such drastic measures due to political and structural disparities.
Find Alan here: goldsilver.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Michael Arries discussed the recent surge in gold and silver prices, attributing it to economic factors such as inflation, political uncertainty, and lack of faith in fiat currency. They predicted that the precious metals would continue to rise in value, with the possibility of gold reaching $10,000-$15,000 an ounce and silver reaching $300-$500 an ounce. The speakers emphasized the significance of the current market conditions in driving the surge and the importance of staying attuned to market trends for portfolio growth. They also explored the historical performance and potential future outlook of gold and silver investments, including the optimal allocation of investments based on the Dow to gold ratio and strategies for capturing gains in free ounces of gold.
Find Michael here: mcalvany.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Ted Thatcher discussed the concept of "sticky" inflation and its impact on Fed policy. They analyzed the transition from transitory to sticky inflation and the evolving methodologies for calculating inflation. The conversation also touched on the political pressure on the Fed to cut rates, the widening gap between Wall Street and Main Street, and the potential challenges for the average American if inflation continues to rise while job growth slows.
They also explored the likelihood of a market "melt up" and the potential consequences for the banking sector. Overall, the meeting provided a nuanced exploration of the complex economic landscape.
Find Ted here: brightlakewealth.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Hurley Fox discussed the advantages and challenges of outsourcing the CFO role for small businesses. They highlighted the impact of technology on remote CFO services and the importance of having trained personnel at the client's location. The speakers emphasized the need for proper accounting procedures and the challenges small businesses face in maintaining clean accounting records.
Hurley Fox provided a comprehensive overview of the onboarding process, emphasizing the critical role of accurate accounting and data integrity. He shared insights into the cost savings and value his clients receive from his services, emphasizing the significance of cash flow to business owners. The speakers also discussed the frequency of meetings with clients and how these meetings aid in analyzing financial data to drive business growth.
Kerry Lutz and Eddy Gifford discussed the recent drop in Consumer Confidence numbers and the impact of inflation on individuals, highlighting the anger and dissatisfaction it's causing. They also touched on the low satisfaction rate with the current administration and the impact of inflation on interest rates and the Fed's actions. Eddy Gifford raised concerns about the potential risks associated with the stock market's prolonged highs and emphasized the need for a trader's mentality and diversification into alternative investments. The potential of precious metals and cryptocurrencies as hedges against mistrust and supply and demand stories was also explored. The conversation concluded with a focus on the flexibility and nimbleness required in investment planning to take advantage of the current market conditions. Find Eddy here: tactivewealth.com Find Kerry here: FSN and hereL inflation.cafe
Fury Gold Mines’ CEO Tim Clark, and Exploration SVP Bryan Atkinson (🇺🇸FURY -- 🇨🇦FURY) gave us the latest sponsor update on the Eau Claire and Percival deposits. The resource estimate increased significantly: a 36% rise in measured and Indicated gold ounces and a 45% increase in inferred gold ounces at the Eau Claire deposit. Bryan explained the conservative methodologies used in these estimates and the vast potential for new discoveries within their expansive land package. They detailed Fury's future exploration strategy, including their focus on uncovering new gold deposits and a return to exploring Nunavut. Tim laid out his strategic plan for upcoming survey and geochemical projects, emphasizing how these efforts could lead to a re-rating and increase in the company's market value. Our discussion also covered the geological dynamics at play, including the steepening of vein geometries at Eau Claire and what this means for future efforts. With the Eau Claire and Percival deposits remaining open for expansion, they expressed their optimism about Fury's positioning and growth potential in the current market. Of course, $2400 gold is the topic of the day and its positive effect on Fury’s economics, which keep getting brighter. With over $54 million in Dolly Vardon Silver shares and $5 million in the treasury, Fury’s enterprise value represents a steep discount, especially when considering ounces in the ground, which is why we continue to hold shares. Company Website: https://FuryGoldMines.com
Ed Siddell breaks down the recent market rebound in May following a challenging April. He discusses how Federal Reserve Chairman Jerome Powell's assurances regarding stable interest rates have temporarily alleviated market fears, contributing to the rebound. However, Siddell points out a significant disconnect between Powell’s optimistic projections and the prevailing economic data indicating stagflation—a scenario combining stagnant economic growth with inflation.
Siddell highlights several key indicators that contradict the Federal Reserve's narrative:
- ISM Manufacturing Index: Expected at 52 but came in at 49.2, signaling economic contraction despite rising prices.
- PMI Numbers: Anticipated to be between 43.2 and 45, they dramatically fell to 37.9, further evidencing economic slowdown.
- Consumer Confidence: Dropped from 104.7 to 97, indicating growing consumer concerns.
- Consumer Sentiment: Forecasted to be between 77 and 79, but recorded just below 68, revealing significant pessimism among the public.
- Producer Price Index (PPI): Continues to show persistent inflation, defying expectations for a reduction to 2%.
Siddell forecasts that Powell might initiate a phase of monetary easing followed by rate cuts as the election approaches, aiming to manage the economic strain. He critiques the Federal Reserve's past misjudgments on inflation and stagflation, suggesting that a reevaluation of their current stance is crucial.
Find Ed here: egsifinancial.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz welcomed Craig Hemke to analyze the recent developments in the precious metals market. Hemke provided insights into the market's breakout before the Fed started to cut rates and emphasized the multiple factors driving the market's performance. They also discussed the potential for a surge in precious metals due to the economy rolling over and the challenges of chart analysis in uncharted territory. Additionally, they anticipated an effort to paint the charts with a double top as a line of defense for banks with short positions, given the all-time high of precious metals. The conversation also touched on the potential implications of economic indicators and monetary policy on the gold market. They cautioned against the excitement in the sector and highlighted the potential impact of exploding debt and a weak banking sector on the economy and gold prices. Additionally, they discussed the historical significance of gold as a currency anchor and the cyclical nature of economic trends, emphasizing the interconnectedness of wars, bubbles, and inflation. The conversation concluded with a reference to Craig's website, tfmetalsreport.com, for further information. Find Craig here: TF Metals Report Find Kerry here: FSN and here: inflation.cafe
Financial expert David Stryzewski analyzes the alarming trends revealed in April’s Producer Price Index (PPI) report. The PPI has risen by 0.5%, signaling persistent and escalating inflationary pressures, a sharp contrast to the previous month's 0.1% decline. This marks the first instance since April 2022 that PPI inflation has risen for three consecutive months, showcasing a trend of sticky inflation. David explains that the year-over-year rise in wholesale costs, which accelerated to 2.2%, points to a future where inflation could significantly overshoot the Federal Reserve's 2% target. The big picture suggests a troubling scenario: inflation is stubbornly high, and the Federal Reserve appears to be losing its battle against it. David warns of the Federal Reserve’s potential move to cut rates to prevent a banking crisis, amidst conditions where "higher for longer" interest rate policies seem increasingly likely. The discussion also covers the broader impacts of these economic policies, including the significant strain on real estate and small community banks, which are vital for financing small businesses. David highlights the serious implications of rising interest rates on sectors heavily dependent on lending and the potential for recurring bank failures, as indicated by billionaire investor Barry Sternlicht. Tune in to understand the complexities of the current economic environment, where stagflation is not just a possibility but a growing reality, and explore the difficult choices facing policymakers in this critical juncture. Find David here: FedBubble.com Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Phillip Streible discussed a range of economic topics. They began by discussing the potential for Fed rate cuts, with Streible suggesting that they may be postponed until the end of the year due to inflation, political considerations, and external economic factors. Lutz expressed apprehension about the potential impact on the markets and questioned whether the Fed's actions may be inadequate in light of current economic indicators. The conversation also touched on the upcoming June meeting, inflation data, and the challenges posed by high interest rates and their impact on consumer behavior and the housing market. The discussion then shifted to the dynamics of the gold market, with Streible attributing its current level to pre-positioning for Fed interest rate cuts and China's substantial purchases of precious metals. Lutz expressed skepticism about experts' surprise at higher-than-expected inflation numbers and questioned their awareness of market trends. The speakers also discussed the widespread impact of rising cocoa prices and inflation on consumer expenses, emphasizing the trickle effect on input and labor costs, particularly in the food industry, leading to higher dining out expenses and the likelihood of the Fed revising its inflation target. Finally, they discussed the potential economic implications of the upcoming election, forecasting market volatility and discussing the impact of fiscal spending.
Find Phillip here: bluelinefutures.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Andrew Einhorn of LevelFields discussed the impact of AI on investment practices, highlighting the system's ability to track and analyze events from thousands of documents per minute to provide forecasts and alerts. The conversation also covers the system's insights on Tesla and the broader perspective it provides for investors. Andrew emphasizes the importance of recognizing discrepancies in prices and earnings to identify opportunities in the market, using examples from the coal and fertilizer industries, defense contracting, and undervalued companies like Giga Cloud and Celsius. He provides an overview of the LevelFields platform, emphasizing its user-friendly approach to investing and the potential for short-term and long-term gains through different investment strategies. Visit their site @ https://www.levelfields.ai/
Kerry Lutz and John Rubino delve into pressing economic issues, predicting a looming crisis driven by rising mortgage rates and increasing retail store closures. They argue the necessity for significant government intervention, similar to the pandemic-era stimulus measures, to mitigate the economic downturn. The conversation also explores the unique challenges facing retailers, especially in California, where lax laws on shoplifting complicate business operations. Additionally, they discuss the controversial "weaponization" of the criminal justice system, suggesting its impact on social order and business environment. Rubino and Lutz propose radical ideas for government restructuring, such as firing government employees in alphabetical order and maintaining only essential workers during crises. They emphasize the importance of essential services, including police, road maintenance, and waste management, referencing similar strategies from Argentina and El Salvador. Political dynamics also take center stage as they speculate on potential vice presidential candidates for Donald Trump, particularly focusing on Ron DeSantis. They consider how political issues, notably abortion, could influence upcoming elections.
Find John's work here: Rubino.Substack.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz was joined by CEO Ivan Bebek of Coppernico Metals for a dive deep into the company's ambitious exploration project. From raising over $100 million to the strategic preparations for drilling, Ivan shares the challenges and milestones of Coppernico's journey.
It’s been years in the making but the company has achieved the required community support and now has the necessary permits to begin aggressive drilling at the Sombrero project. As Ivan states, community support must be earned, and the company’s initiatives will carry on long after mining has finished.
There were numerous hurdles along the way, not the least of which were the pandemic related shutdowns. But Coppernico persevered and now drilling and a coveted TSX listing will be happening soon. Ivan also introduced Tim Kingsley, VP of Exploration, highlighting the team's expertise along with the strong funding from major miners. Clearly this is a case of playing the long game, staying focused upon the ultimate goal and never giving up. Coppernico’s prospectivity is impressive and we hold shares in the company.
Company website: https://coppernicometals.com
Kerry Lutz and Elliot Kallen discussed a range of topics, including the influence of AI on businesses, the economic cycle and its potential impact on interest rates, and the potential ramifications of autonomous vehicles on various sectors. They explored the potential disruptions and job losses that AI could bring, particularly in the transportation and writing industries, while also highlighting the positive aspects of AI, such as increased efficiency and convenience. They also discussed the potential impact of AI and Bitcoin mining on energy consumption, emphasizing the significance of these factors for the future of energy utilities. Kallen presented a contrarian viewpoint on the economic cycle, expressing skepticism about the likelihood of a recession and the anticipated decrease in interest rates. He referenced his previous predictions and suggested that bond prices may experience only a minor softening. The conversation also touched on the potential future of US mail delivery, with Kallen expressing skepticism about the long-term sustainability of the US Postal Service and advocating for government downsizing. Overall, the conversation delved into the uncertainty surrounding the current economic climate and its potential implications for interest rates and bond prices, as well as the potential impact of AI and autonomous vehicles on various sectors. Find Elliot here: ProsperityFinancialGroup Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Aaron Clements discussed the digital nomad lifestyle, highlighting its advantages and challenges. They talked about the freedom and independence it offers, as well as the potential loneliness and need for adaptability. Aaron provided valuable advice for those considering this lifestyle, emphasizing the importance of pursuing work that aligns with their passions and understanding their essential needs while traveling. He also promoted his book, "From Desk to Destination," which provides a comprehensive guide for transitioning to the digital nomad lifestyle, including practical tips, mindset strategies, and insights on maximizing resources and opportunities. Find Aarons book here: From Desk to Destination Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz interviewed Mark Miller about his book, "The Tax-Free Business Owner," which offers over 130 tax mitigation strategies. Miller emphasized the importance of proactive planning to reduce taxes and highlighted the need for formalized tax plans and working towards a zero tax bracket. The conversation also covered the significance of trusts and wealth strategies in minimizing taxes and building wealth, as well as the importance of estate planning and utilizing advanced investing strategies from the Hilton True Wealth portfolios. Miller also shared information about an upcoming book that will delve into the advanced investing strategies utilized by the Hiltons. Find Mark here: hiltonwealth.com Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Jeremy Lessaris discussed cost reduction in credit card processing. Lessaris explained his method of using machine learning to assess the profitability of current processors and negotiate lower fees without requiring businesses to switch processors. He emphasized the importance of regularly reviewing processing statements as pricing can change unpredictably.
The conversation also delved into the intricacies of credit card processing fees, the predatory practices of companies, and the potential for alternative payment methods like cryptocurrencies and ACH transactions to offer solutions to these challenges. Paymentbrokers.com was mentioned as a resource for further information on these topics.
Find Jeremy here: paymentbrokers.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Ron Koenigsberg discussed various topics related to personal and business growth. They talked about the evolving real estate market and the importance of effective sales skills, emphasizing the significance of active listening, positive thinking, and enthusiasm. The conversation also touched on overcoming fear, particularly the fear of failure and public speaking, and the challenges of managing text messages. The speakers shared personal experiences and insights, highlighting the relevance of communication, resilience, and personal growth in achieving success in various aspects of life and business. Find Ron here: aipcommercialrealestate Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Morgan Lerette discussed various topics related to the challenges and complexities of military engagements in Iraq. They explored Lerette's experiences as a mercenary, the difficulties of nation-building, the challenges of providing support in a self-interested environment, and the historical and contemporary role of private military contractors. The conversation shed light on the lack of coordination between different agencies, the limitations of General Petraeus' strategy, and the difficulties of instilling democratic values in societies where tribal loyalty takes precedence. They also discussed the potential impact of private military contractors on political decision-making and the need for greater scrutiny and regulation in this area.
Kerry Lutz and Mindy McIntosh discussed the implications of the 1.6% annual GDP growth in the first quarter, including the potential effects of rate cuts on mortgage interest rates and CD rates. They also highlighted the importance of consumers having a well-diversified financial plan to combat the erosion of purchasing power due to inflation. The discussion also touched on concerns about the sustainability of the current economic path and the need for a wake-up call to pull back from the brink. In a separate discussion, they talked about the long-term implications of AI on the economy, emphasizing the need for thoughtful investment strategies and caution against knee-jerk reactions. They also discussed the potential impact of AI on personal interactions and communities, while highlighting the importance of maintaining a balance between technological advancements and human-driven experiences.
Kerry Lutz and Jim Welsh discussed the recent inflation surge and its potential impact on the anticipated Fed rate cuts. They highlighted concerns about the challenges in achieving the inflation target and the potential limitations of traditional monetary and fiscal policies. The conversation also touched on the historical evolution of Fed policy and its potential implications for future economic growth and unemployment rates. Jim Welsh presented a thorough analysis of the market, addressing the potential consequences of social security and deficit spending on treasury bonds and the bond market.
He predicted a new secular bear market in the bond market, signaling a shift in market trends. Welsh also anticipated slower economic growth with higher treasury yields, providing insights into TLT, GDP, the yield curve, the dollar, and gold.
Find Jim here: MacroTides.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and financial expert Brad Williams discussed the current economic climate and its potential impact on individuals' financial well-being. They explored the signs of a looming recession, the hidden effects of inflation on consumer behavior, and the growing interest in alternative investments such as gold and Bitcoin. The conversation also highlighted the risks associated with government spending and monetary policies, emphasizing the need for a balanced and diversified financial approach, particularly for retirees.
The speakers also discussed the importance of fiscal responsibility, political decisions on the economy, and the need for informed voting. They concluded by reminding attendees to sign up for a free newsletter and providing contact information for financial advice.
Find Brad here: askbradwilliams
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Dennis Tubbergen discussed various economic challenges and potential responses from the Federal Reserve. They explored the concept of stagflation and its potential presence in the current economic environment, as well as the need for significant budget cuts to address economic challenges. The speakers also expressed concern about the potential downturn in the housing market and the challenges facing the commercial real estate market, including high interest rate resets on loans and the exodus of companies from urban areas. They also touched on the broader implications of failing states and cities, leading to a discussion about potential secession movements and political realignment in the United States.
The conversation also delved into the implications of currency devaluation and the potential impact of printing money. Tubbergen advocated for tangible assets like silver, gold, and agricultural real estate as a safeguard against currency fluctuations. The speakers also discussed the potential introduction of central bank digital currencies and the challenges of transitioning to a cashless economy.
The section concluded with Tubbergen sharing information about his book and Lutz providing contact details for further inquiries. Overall, the meeting provided a comprehensive discussion of various economic challenges and potential responses, with a focus on the impact of Federal Reserve policies on the economy and financial markets.
Find Dennis here: revenuesourcingbook
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Stryzewski discussed various economic topics, including the recent Bitcoin halving and its effects on the market, the potential application of halving to address U.S. debt and inflation, the current economic climate, and the potential of U.S. oil production. They highlighted the need for patience and a focus on supply and demand dynamics, as well as the potential regulatory hurdles and geopolitical risks that could impact the market in the long term. The discussion underscored the need for a strategic and proactive approach to navigating the complex economic challenges ahead, advocating for responsible policies to support sustainable growth.
Find David here: myspg.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Nader Shariff discussed the investment potential of Detroit real estate, highlighting the city's low entry price point, strong rental returns, and ongoing redevelopment efforts. They also addressed the risks involved in investing in Detroit, such as dealing with nonpaying tenants and the challenges of maintaining older properties. The conversation also touched on the potential for further price increases and the current opportunities for investors to enter the market.
Additionally, they discussed the unemployment situation and the growth of new businesses in Detroit, particularly highlighting the impact of companies like Rocket Mortgage in providing employment opportunities. Overall, they expressed hope for the city's resurgence and encouraged engagement with their organization.
Find Nader here: investinupside
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and David Marra discussed the impact of AI on quantitative investing and the financial industry. They explored the use of generative AI to handle vast amounts of data and extract valuable insights, highlighting the remarkable implications and rapid evolution of the AI revolution. The conversation also touched on the sustainability implications of AI processors for electrical infrastructure, expressing concerns about the substantial energy requirements of data centers and the potential need for additional power sources. Additionally, they discussed the implications for discretionary and systematic managers, emphasizing the importance of staying abreast of technological changes to remain competitive in the finance industry.
Find David here: markinfunds.com Find Kerry here: FSN and here: inflation.cafe
We met with West Red Lake Gold’s (🇺🇸WRLGF -- 🇨🇦WRLG new sponsor), CEO and President, Shane Williams. He is a true mine builder, having brought 5 prior mines online. He highlighted his action-oriented approach and the strategic decision to join WRLG, attracted by its incredible potential.
Shane revealed the latest drill results from the Madsen mine’s South Austin Zone, intersecting 68.36 g/t Au over 1.1m and 13.83 g/t Au over 3.95m. He has assembled one of the most solid teams in his experience, explaining how these moves have given WRLG the ability to start producing in Q4 ‘25. Discussing the primary focus on the Madsen mine, once valued at $1 billion, Shane provided insights into the timetable for restarting production and the steps he’s taken to mitigate inflation impacts on project costs. He’s still surprised by the company’s good fortune in acquiring the existing mill and infrastructure (for just pennies on the dollar) noting that replacement costs are north of $700mm. Following the previous management's inability to acquire profitability, he’s busy capitalizing upon this once in a lifetime opportunity.
He commented on the continued excellent drill results, the strategic challenges ahead, and the catalysts for success. With current gold prices holding strong, Shane is excited by the positive impact on WRLG’s economics as well as the broader industry. Highlighting recent successful funding efforts, Shane contrasted WRLG’s position with peers who have struggled to survive, underscoring key strategies for maintaining operational momentum. For these reasons we have taken a position in WRLG.
Visit the company’s website @ https://westredlakegold.com and sign up to receive updates of for the exciting developments in the coming months.
Kerry and John Grace discussed the changing role of utilities in the context of electric vehicles and artificial intelligence trends. The speakers emphasized the need for increased stations and the limitations of solar and wind power. They also explored the potential of battery power to stabilize the grid and address the challenges faced by millennial first-time homebuyers. The conversation provided insights into the changing landscape of utilities and real estate, shedding light on the implications for both industries in the current market.
John and Kerry also discussed the significance of consumer age in shaping buying and selling behavior, drawing attention to the historical trends in home purchasing and the age at which individuals typically make significant property investments. The speakers highlighted the impact of life expectancy on housing market dynamics, emphasizing the need for forward-looking asset management strategies. The discussion also delved into the challenges of selling a property that has doubled in price, with considerations for relocation and the financial implications. Overall, the conversation emphasized the importance of being prepared for market fluctuations and making strategic decisions to safeguard assets.
Find John here: Financial Advisors
Find Kerry here: FSN and here: inflation.cafe
Eric Mangold and Kerry Lutz discussed the importance of reevaluating the traditional retirement age of 65 and having a clear plan for life after work. They explored the reasons behind the shift in retirement trends and the impact of increased life expectancy on retirement decisions. The conversation also delved into the significance of staying mentally and physically active during retirement to avoid depression, and the role of caregiving in providing purpose and activity for retirees. Additionally, they highlighted the importance of avoiding excessive news consumption and maintaining a healthy lifestyle during retirement.
Find Eric here: Argosy Wealth Management
Find Kerry here: FSN and here: Inflaton.Cafe
The meeting covered a range of financial topics, including declining credit scores, evolving pricing strategies of retail stores, student loan debt, housing market concerns, psychological and societal factors in financial decision-making, budgeting for groceries, and debt repayment and financial planning. Speakers emphasized the need for individuals to take control of their financial situation by cutting expenses, accelerating debt elimination, seeking help from financial planners, and making deliberate financial choices. They also highlighted the importance of addressing high-interest credit card debt, conducting an insurance protection audit, and creating a household budget to mitigate the challenges posed by the changing economic landscape.
The speakers underscored the pervasive influence of societal pressures, such as advertising and social media, on consumer behavior, and the emotional allure of luxury purchases. They emphasized the need for individuals to confront the reality of their financial limitations and make conscious, disciplined choices about spending. The discussion also touched on the significance of setting and adhering to a budget as a means of maintaining fiscal responsibility in the face of external pressures. Overall, the meeting provided practical insights and actionable advice for improving financial well-being and taking control of one's finances.
Kerry Lutz and Ed Siddell discussed the recent inflation and PPI numbers, expressing skepticism about the government's narrative of a healthy economy and the Federal Reserve's ability to address economic challenges. They also touched on the growing disparity between Main Street and Wall Street, the potential impact of future rate adjustments by the Federal Reserve, and the need for prudent investment decisions. The conversation also explored the potential of commodities such as gold and silver as safe havens, the impact of the halving event on Bitcoin, and the emergence of new investment opportunities in the global market.
The discussion briefly touched on the news of OJ Simpson's death, before delving into a detailed analysis of treasury rates and the inverted yield curve. Finally, they discussed the evolving perception of the government and the importance of staying informed through various platforms.
Kerry Lutz and Christopher Willis discussed the various options available for Americans seeking alternative citizenship and residency overseas. They explored the factors driving individuals to consider these options, the differences between residency and citizenship, and the practical implications of holding a second passport, particularly in light of travel restrictions during the pandemic. Willis provided insights into the cost and paperwork involved in obtaining Caribbean and European citizenship, highlighting the trade-offs between cost and speed of acquisition.
The conversation also touched on the opportunities and challenges in different regions, the impact of political changes on immigration programs, and the significance of obtaining citizenship in a different jurisdiction for freedom and flexibility. Overall, the discussion emphasized the evolving necessity for the wealthy elite to consider these alternatives as a form of non-traditional insurance or a plan B in uncertain times.
Find Chris here: latitudeworld.com
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz and Mandi Ellefson discussed the challenges faced by successful CEOs in growing their businesses. Mandi, the founder of Hands Off CEO, emphasized the need for CEOs to remove themselves from day-to-day operations and focus on higher-impact activities to double profitability. She suggested that CEOs should solve higher quality problems, charge more for services, and build the right systems and processes to achieve business growth and profitability. Mandi also provided practical advice on reallocating time, generating more profit per client, and building effective teams to help CEOs transition their businesses to run and grow without their direct involvement.
Find Mandi here: handsoffceo.com
Find Kerry here: FSN and here: Inflaton.Cafe
We sat down with Shawn Khunkhun, CEO of Dolly Varden Silver, (🇺🇸DOLLF -- 🇨🇦DV new sponsor) and dove into its unique strategy and recent successes. DV has been hitting high-grade gold and silver, most recently 79.4 g/t gold over 12.35 meters. The results have well exceeded Shawn’s optimistic expectations. The 2024 drilling season is getting off to the earliest start in many years, due to the lack of snow fall in British Columbia. The company will have 3 drills turning and plans for an updated resource estimate at in the future.
It has an attractive capital structure, with a public float of just 8 percent. Interest expressed by major miners and large financial institutions has been increasing together with the price of gold and silver. The company recently raised C$15 million and has enough cash on-hand to meet its obligations for the next two years.
While “Silver” is part of DV’s moniker, Shawn discussed the company’s substantial gold resources, which now equal its silver resources. He believes that Eric Sprott’s $300 silver is a real possibility. With the company selling at just $1 per ounce in the ground, a substantial discount to historic levels of similar companies, that price could increase substantially, which is why we own shares.
Company Website: https://DollyVardenSilver.com
Kerry Lutz and Ted Thatcher discussed various topics related to the economy and financial markets. They analyzed the latest jobs report and its potential impact on inflation, unemployment, and the stock market, as well as its significance for the upcoming election, the banking sector, and the Fed's future actions. They also discussed the reliability of statistics, expressing doubts about the accuracy of the current job numbers and reflecting on the history of revisions in job and inflation figures.
In addition, they explored the impact of the Florida economy on the real estate market, focusing on both commercial and residential building sectors, and the influence of mortgage rates on the market. They provided insights into the seasonal trends in Florida and the significance of connecting with Ted's website for further information.
Find Ted here: brightlakewealth.com
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz and Michael Pento discussed various economic issues, including inflation, interest rates, and the stability of the US dollar. Pento expressed skepticism about the possibility of inflation going below 2% and argued that a recession or depression might be the only way to achieve that. He also highlighted the increasing strength of gold trading, with central bankers buying gold due to their lack of trust in the US dollar and bond market.
The discussion also touched on the potential consequences of interest rate cuts, monetizing debt, and the challenges faced by households, corporations, and the government in handling current interest rates. Overall, the conversation emphasized the need for a viable and functioning middle class in the country.
Find Michael here: Pentoport
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz and John Rubino discussed a range of topics including the current state of the economy, the precious metals market, geopolitical tensions, the potential consequences of increasing interest rates on regional and community banks, the problem of squatters taking over homes, and the challenges of reaching a wider audience on digital platforms. They explored the impact of deficit spending, immigration, and the surge in tech stocks on the economy, while also expressing apprehension about potential terrorist threats and the role of the U.S. financial system in a failing global system. They also provided an in-depth analysis of the current state of the precious metals market, emphasizing the significant rise in gold and silver prices and the positive performance of junior and major miners.
The conversation touched on the potential consequences of increasing interest rates on regional and community banks, speculating on the likelihood of a banking crisis that could favor larger banks and elites. They also discussed the widespread problem of squatters taking over homes, highlighting Florida's legislative response to address this issue. Additionally, they delved into a speculative discussion about the market cap of Trump Media and Technology Group, pondering the possibility of its value increasing significantly despite lacking fundamental support. The discussion also explored the challenges of reaching a wider audience on digital platforms and the potential of alternative platforms like Rumble and Substack for expanding their reach and engaging with their audience.
Find John here: rubino.substack.com
Find Kerry here: FSN and here: Inflaton.Cafe
We sat down with Martin Turenne, CEO of FPX Nickel (🇺🇸FPOCF -- 🇨🇦FPX) to discuss the company’s financial state and its numerous strategic advancements. FPX has an impressive cash hoard, recently increasing from $30 million to $45 million, leaving the company fully funded for the next 2 years.
This is the result of transformative investments from large strategic corporate investors like Sumitomo Metal Mining, a Japanese leader. He also delves into FPX’s innovative and collaborative approach to develop the Baptiste nickel project in British Columbia. Martin has been forming important partnerships with major entities like Sumitomo, JOGMEC (a Japanese Government entity) and Prime Planet Energy and Solutions (a joint venture of Toyota and Panasonic), showcasing FPX Nickel’s integration into the Japanese battery metals ecosystem.
The cost of admission to this exclusive club is increasing, requiring equity investment at a substantial premium to market. He emphasizes the innovative nature of FPX's mining projects, including exploiting novel Awaruite nickel deposits in Canada and eventually elsewhere. The company's commitment to environmental stewardship is key to its collaborative community engagement.
The broader market dynamics of nickel and copper prices were covered, providing insights into the industry's financial landscape. Martin made the case that the company’s superior financial position and prospectivity is not reflected in the company’s current market undervaluation. As things move ahead, he’s confident that this will change greatly.
Company website: https://FPXNickel.com
Summary:
The meeting covered a range of topics, including the global economy, Bitcoin, and artificial intelligence (AI). Kerry Lutz and Darryl reflected on the 14-year journey of economic uncertainty, the struggles of central bankers to restore stability, and the impact of the COVID-19 pandemic on the global economy. They also discussed the potential implications for China's economy, the psychology of market participants, and the role of gold as a barometer of systemic distress.
The conversation then shifted to Bitcoin, with Lutz discussing the institutional adoption of the cryptocurrency and suggesting that institutions are being sold debt and IOUs. He expressed skepticism about the motives behind institutional investment in Bitcoin, portraying it as a way for the fast boys to profit at the expense of the slow boys. The meeting also covered the potential impact of AI, with participants expressing concerns about the environmental and societal implications of AI technology, as well as the ethical and philosophical aspects of AI development. They discussed the potential negative consequences of creating machines that mimic human actions and the dangers of creating machines that are similar to humans but lack the ability to make ethical decisions.
Find Darryl here: drschoon.com
Find Kerry here: FSN and here: Inflaton.Cafe
I have been a huge fan of Karl Denninger for nearly 15 years. I've wanted to get him on the show for the longest time and finally caught up with him. We discussed a range of topics, including the rise of libertarianism in Argentina, the impact of political leaders and their promises, and the role of fear in shaping human behavior.
They also explored the influence of food on metabolism, the dissatisfaction with current political candidates, and the budgetary situation in the United States. The conversation highlighted the need for political change, the enforcement of laws related to illegal immigration and price fixing, and the need for cost reduction to enhance competitiveness and job creation in the US healthcare system.
The discussion also touched on the potential consequences of electing certain leaders, the lack of fear of legal consequences and ethical implications in wiretapping activities, and the societal shift from previous decades. They emphasized the importance of upholding the rule of law and the role of the people in bringing about positive change. The conversation shed light on the significant interest payments made by the Treasury and the complexities of taxable treasury interest, as well as the monopolistic practices in the healthcare system and the need for reducing the overall cost of medical care. Overall, the meeting provided a thought-provoking exchange on a range of pressing issues.
Find Karl's prolific work here: market-ticker.org
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz and Jason Nelson discussed the implications of the Francis Scott Key Bridge collapse on the supply chain, particularly the potential impact on the Port of Baltimore. They highlighted the immediate inflationary costs that consumers may face and the long-term effects on trade. Jason emphasized the significance of the Port of Baltimore as a key hub on the Eastern United States and provided expert insights into the potential reverberating impacts of the accident.
The discussion also covered farming and food quality, advocating for regenerative farming and free-range cattle as essential for better food quality. The meeting concluded with information on how to connect with Jason "Storm" Nelson online.
Visit Jason https://PrepperBeef.com
Eric Hadik and Kerry Lutz discuss the current conditions and future predictions for various key markets. Eric highlights the overbought state of the stock market and suggests a possible multi-month topping phase. They go onto an in-depth analysis of the gold and silver markets, forecasting a significant rise in gold prices towards record highs. The session also covers critical trends in interest rates, the oil market, and Bitcoin's cycle progression. The conversation underlines the necessity of observing price action and specific sell signals to ascertain the peak and potential downturn in the markets. Moreover, the speakers debunk common misconceptions about the correlation between metal prices and stock market performance, with examples from the cryptocurrency sector. The meeting wraps up with the speakers providing their contact details and expressing appreciation to the attendees.
Find Eric here: insiidetracktrading
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz and Eddy Gifford discussed the increase in consumer confidence, analyzing the present situation index and the expectations index. They expressed concerns about a potential market bubble and its impact on consumer confidence, while also discussing warning signals from the gold and Bitcoin markets. The possibility of a credit event and its potential impact on the banking sector was also discussed, with emphasis on the importance of risk management and having uncorrelated assets in investment portfolios.
The potential impact of AI on the market was also explored, as well as the significance of commodities like gold and copper as indicators of inflation. The need for portfolio diversification, including the inclusion of commodities and cryptocurrencies, was emphasized, along with the evolving role of financial planners in recommending diverse investment strategies.
Find Eddy here: tactive wealth
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz and Carl Gould discussed the increasing cost of chocolate due to climate change and regulatory standards, as well as the potential impact on consumer behavior. They also explored innovative approaches that businesses can take to maintain the quality of chocolate products while managing costs. The conversation then shifted to consumer behavior and market adaptation in response to rising prices, using examples from the chocolate and amusement park industries. The discussion highlighted the resilience of the free market system and the ability of consumers and businesses to adapt to changing economic conditions, leading to the emergence of new market categories and innovative solutions.
Find Carl here: CarlGould
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz introduced Gregory Wrightstone, who discussed his new book, "A Very Convenient Warming," and the work of the CO2 coalition. Wrightstone challenged the prevailing narrative on climate change, emphasizing the positive impact of modest warming and increased CO2 levels on Earth's ecosystems and human well-being. He also addressed misconceptions about CO2 levels and highlighted the importance of CO2 for plant growth.
The conversation then shifted to discussions about the impact of rising CO2 levels and warming temperatures on the environment, electric vehicles, and energy sources, reflecting differing perspectives on these topics. The meeting ended with Lutz expressing appreciation for Wrightstone's work and encouraging listeners to visit the CO2 coalition's website for more information.
Find Gregory here: co2coalition.org
Find His Book here: A Very Convenient Warming:
Find Kerry here: FSN and here: Inflaton.Cafe
The meeting was led by Kerry Lutz and featured Andrew Winnett, a financial expert, who provided insights into inflation, the stock market, retirement planning, and Social Security. Andrew highlighted the role of excessive money printing and the staggering national debt in causing inflation, and expressed concerns about the accuracy of inflation data and the potential challenges of maintaining stable inflation rates in the future. He also discussed the impact of demographic shifts on social security, Medicare, and Medicaid, and the need for a conservative approach to retirement planning.
Andrew emphasized the importance of a holistic approach to wealth management, discussing the often overlooked aspects such as long-term care planning, estate planning, and addressing longevity risk. He introduced the "silo strategy" for retirement planning, which involves categorizing funds into safety, income, growth, and long-term care/estate planning in order of importance. Andrew also delved into the intricacies of Social Security claiming strategies, highlighting the advantages of delaying benefits for the primary breadwinner until at least full retirement age.
The conversation also touched on the role of real estate in retirement planning, with Andrew emphasizing the long-term wealth-building potential of real estate and sharing his personal investment experiences. Additionally, Andrew offered a special offer for listeners to access his books and movie at nomorelosingmoney.com, providing valuable resources for retirement planning. The discussion reflected a sense of urgency and the importance of preparing for the uncertainties surrounding Social Security, inflation, and retirement planning.
Find Andrew here: Retirement Renegade
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz and John Rubino offer their unique perspectives and engage in a comprehensive analysis of recent events surrounding former President Trump. They dissect a New York appeals court's decision allowing Trump to post just $175 million to delay a staggering $464 million fraud judgment, offering insights into its implications on Trump's financial and political landscape.
This ruling marks a significant reprieve for Trump, amidst mounting legal challenges and his potential bid for the 2024 presidency. Lutz and Rubino delve into the complexities of Trump's legal battles, highlighting the challenges he faces in securing bonds and the broader implications on his financial stability. They scrutinize the intersection of law and politics, emphasizing the potential impact on public perception as Trump navigates his legal entanglements.
Moreover, they explore Trump's response to the ruling, including his social media company's imminent Nasdaq debut and his remarks critiquing President Biden and the New York attorney-general. Throughout the discussion, Lutz and Rubino provide nuanced insights into the multifaceted nature of Trump's legal saga, emphasizing its implications on his future endeavors and the broader political landscape.
Find John’s work at Rubino.Substack.com
Find Kerry here: FSN and here: Inflaton.Cafe
Kerry Lutz and Greg Mohr discussed the appeal of investing in franchises, specifically in the home service industry. They explored the motivations for individuals to enter the franchise business, the types of home service franchises available, associated costs and potential returns on investment, and success rates of franchises. Mohr shared a success story of a couple who shifted from real estate investing to owning a flourishing electrical services franchise, emphasizing the importance of being coachable and leveraging the established game plan of a franchise for success.
The discussion also covered financing options, including SBA loans and self-directed 401k or IRA investments. The meeting concluded with contact information for Mohr and a note of appreciation from the hosts.
Find Greg here: franchisemaven.com
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Rabbi Jeffrey Katz discussed the enduring wisdom of Maimonides and its relevance to contemporary society. He emphasized the importance of decision-making, truthfulness, and reliability, which can elevate individuals in personal and professional aspects of life. Katz also challenged the traditional notion that wealth precedes philanthropy, arguing that adopting a philanthropic mindset can lead to affluence and wealth.
He shared personal experiences and insights from Maimonides' life, highlighting the challenges the philosopher faced and his dedication to sharing his wisdom. Additionally, Rabbi Katz promoted his book, "Rules to Live By, Maimonides' Guide to a Wonderful Life," and provided details on where it can be purchased. Kerry Lutz expressed appreciation for Rabbi Katz's insights and wished him success with the book.
Find Jeff's Book here: Rules to Live By
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Ed Siddell discussed various economic topics, including the recent PPI increase and its potential impact on inflation, the misleading nature of economic statistics, and the potential repercussions of market shifts and bank failures on wealth distribution. They also explored investment strategies, including the appeal of hard assets like gold and real estate, and delved into a detailed discussion about the current state and future prospects of Bitcoin and Ethereum. The speakers emphasized the need for a nuanced understanding of the economic landscape and the importance of critically analyzing economic data.
Find Ed here: egsifinancial
Find Kerry here: FSN and here: inflation.cafe
Kerry Lutz and Jon Bell discussed the legal implications of remote work, highlighting the potential liabilities for injuries and the complexities of tracking time and attendance for remote employees. They also explored the challenges faced by employers in adapting to the virtual work landscape and navigating the legal intricacies associated with remote work. The conversation touched on boundary issues, medical conditions, reasonable accommodations, and potential discrimination in the workplace, emphasizing the need for employers to navigate these complexities while staying compliant with employment laws. They stressed the importance of seeking advice from knowledgeable HR representatives or labor and employment attorneys to navigate the evolving landscape of employment law.
Find Jon at: BellLG.com
Find Kerry at: FSN and inflation.cafe
In this enlightening discussion, Kerry Lutz teams up with renowned economist and investor Peter Schiff to dissect the current economic climate, government policies, and strategic investment approaches. They kick off by stressing the critical nature of employing multiple backup systems during recordings to preserve invaluable insights, sharing practical advice and specific tools that Schiff himself utilizes.
The dialogue then shifts to a broader economic spectrum, where Schiff voices his concerns over the United States' future financial stability, highlighting alarming trends such as escalating national debt, looming recession threats, and the tightening grip of inflation. The duo critically examines the economic strategies of recent administrations, offering a comparative analysis of Trump's and Biden's approaches to navigating these tumultuous economic waters.
Delving deeper, Schiff and Lutz critique the reliability of government-provided economic data and dissect the current state of the job market, suggesting that the rosy employment figures might be masking the grim reality of a recession already in progress. They argue that the media's narrow focus on surface-level job numbers overlooks vital underlying metrics, like the significant shift from full-time to part-time employment.
Schiff, known for his candid opinions, also expresses his skepticism towards Bitcoin, challenging the cryptocurrency's intrinsic value and its capability to generate real income. Furthermore, the conversation covers the ramifications of persistently low-interest rates and the Federal Reserve's struggles to curb inflation effectively.
Listeners will gain a comprehensive understanding of the interplay between the real estate market and the broader financial sector, thanks to Schiff's expert insights. For more in-depth analyses and investment strategies, viewers are encouraged to explore Schiff's resources at www.Europac.com and www.SchiffGold.com. This discussion is a must-listen for anyone looking to navigate the complexities of today's economic landscape with a clear-eyed perspective.
Peter Schiff Uncovers Economic Realities and Investment Misconceptions
In this enlightening discussion, Kerry Lutz teams up with renowned economist and investor Peter Schiff to dissect the current economic climate, government policies, and strategic investment approaches. They kick off by stressing the critical nature of employing multiple backup systems during recordings to preserve invaluable insights, sharing practical advice and specific tools that Schiff himself utilizes.
The dialogue then shifts to a broader economic spectrum, where Schiff voices his concerns over the United States' future financial stability, highlighting alarming trends such as escalating national debt, looming recession threats, and the tightening grip of inflation. The duo critically examines the economic strategies of recent administrations, offering a comparative analysis of Trump's and Biden's approaches to navigating these tumultuous economic waters.
Delving deeper, Schiff and Lutz critique the reliability of government-provided economic data and dissect the current state of the job market, suggesting that the rosy employment figures might be masking the grim reality of a recession already in progress. They argue that the media's narrow focus on surface-level job numbers overlooks vital underlying metrics, like the significant shift from full-time to part-time employment.
Schiff, known for his candid opinions, also expresses his skepticism towards Bitcoin, challenging the cryptocurrency's intrinsic value and its capability to generate real income. Furthermore, the conversation covers the ramifications of persistently low-interest rates and the Federal Reserve's struggles to curb inflation effectively.
Listeners will gain a comprehensive understanding of the interplay between the real estate market and the broader financial sector, thanks to Schiff's expert insights. For more in-depth analyses and investment strategies, viewers are encouraged to explore Schiff's resources at Europac.com, SchiffRadio.com and SchiffGold.com. This discussion is a must-listen for anyone looking to navigate the complexities of today's economic landscape with a clear-eyed perspective.
Gordon and Kerry discussed the performance of the S&P 500 and its fluctuations due to COVID-19. They also explored the potential risks and impacts on the equities market, the role of Treasury Secretary Yellen in managing market liquidity, and the consequences of tighter credit and looser financial conditions. Additionally, they compared Gross Domestic Product (GDP) and Gross Domestic Income (GDI), highlighting the discrepancies and the impact of inflation on GDI. Finally, they examined the current state of the U.S. economy, expressing concern over the growing national debt and the continuous reliance on credit.
S&P 500, Gold, and Bitcoin Performance Discussion
Gordon and Kerry discussed a chart that depicted the performance of the S&P 500, highlighting its fluctuations and the impact of COVID-19 on its trajectory. Gordon emphasized the narrowing of the S&P 500 and the possibility of it going parabolic. He also pointed out a significant point at 51,86, which was reached and then immediately pulled back, suggesting a potential risk. Kerry brought up the importance of considering gold and Bitcoin's behavior. Gordon concluded by cautioning that they were at a major junction and it might be time to reassess the risk, given that the last 5% could be catastrophic. He also mentioned the possibility of a correction back to the pre-COVID high.
Gordon and Kerry discussed the current state of the equities market, expressing concern about potential risks and the possibility of a market downturn. They highlighted inflation as a potential trigger for a market correction and discussed the role of Treasury Secretary Yellen in managing market liquidity. They also discussed the impact of the Inflation Reduction Act and the potential consequences of tighter credit and looser financial conditions. Gordon compared the current situation to historical market trends and predicted corrections and attempts at a rally.
GDP and GDI Discrepancies Under Bidenomics
Gordon and Kerry discussed the discrepancies between Gross Domestic Product (GDP) and Gross Domestic Income (GDI). Gordon highlighted that the gap between the two has widened under Bidenomics, with GDI increasing due to inflation but not reflecting the money spent on expenditures. Gordon emphasized that the GDP formula includes borrowed money, referred to as investment income, which is contributing to the inconsistencies between the two figures. They concluded that there was a significant issue that needed to be addressed.
U.S. Economy and Alternative Investments Discussed
Gordon and Kerry discussed the current state of the U.S. economy. Gordon expressed concern over the potential flaws in the system, particularly the growing national debt and the continuous reliance on credit. He also noted the correlation between the yield on a 30-year bond and the growth in the GDP. Gordon further pointed out the increasing interest in gold and Bitcoin as an alternative to the U.S. dollar, suggesting that the central banks are buying gold and some major players are starting to invest in it. Kerry's opinion on this matter was not captured in the discussion.
Statistics and Newsletter Discussion
Kerry and Gordon discussed some statistical data about a certain issue, with Gordon presenting charts to illustrate his points. Kerry agreed with Gordon's conclusions and suggested that the charts could be found on Gordon's website, matasii.com, where a free weekly newsletter is also offered. Kerry also invited questions and comments via email and encouraged listeners to sign up for the newsletter. The possibility of Gordon returning for another discussion was also mentioned.
Find Interview Visuals here: Talking Point Charts
Visit Gordon here: matasii.com
Find Kerry here: FSN and here: inflation.cafe
We sat down with Prospera Energy Inc.'s (🇺🇸GXRFF -- 🇨🇦PEI) CEO Samuel David and CFO Chris Ludtke take a deep dive into the company's groundbreaking latest reserve report showing a staggering 508% increase in proven developed producing reserve value. This marks a significant turning point for the company, underlining the untapped potential of Prospera's reservoirs and laying out upcoming drilling plans. They discuss the transformative effects of this development on Prospera’s trajectory, emphasizing the expansion opportunities and the drilling initiatives set to commence, particularly focusing on the strategic exploitation of their largest, and mostly undeveloped core property in Saskatchewan.
Throughout the discussion, CFO Ludtke stressed the report’s financial implications, how it opens up new non-dilutive financing sources and substantially elevates the company's net present value (NPV). This financial leap forward is a major game-changer. NPV is now almost triple Prospera's market cap, showing a gap between market perception and results. The conversation also covers the operational aspects, shedding light on Prospera's development program which encompasses addressing delayed production, enhancing infrastructure, and mitigating the impact of seasonal production declines.
CFO Ludtke further explains Prospera's financing strategies, which will support the forthcoming drilling activities, without any further dilution. This aspect is critical as it underscores Prospera's commitment to reducing capital outlay through the utilization of existing infrastructure and the strategic addition of experienced personnel, all aimed at bolstering the planned development.
Significant attention is given to the analytical dissection of the 2023 Reserves Report, which details the remarkable increases in both PDP and 2P reserves. They discuss the extensive growth potential underscored by the report, particularly highlighting the company's strategic positioning and readiness to leverage these assets for future development. Prospera's robust 2024 development plan includes an array of drilling activities and a pilot pressure support scheme designed to enhance recovery rates, setting a clear path towards achieving a 2024 year-end exit target rate of 5,000 BOEPD.
This is still one of our largest holdings and we’re looking forward to a highly productive 2024.
Company website: https://www.prosperaenergy.com
YouTube Video of the interview https://youtu.be/z1JLUAOFtjs
Join us in this enlightening conversation with Kerry Lutz and John Rubino as they dive deep into a myriad of pressing issues shaping our world today. From the recent upsurge in Bitcoin prices to the intricate future of cryptocurrencies, this discussion covers the essentials of today's economic landscape. Discover the experts' takes on the current state of inflation and how it's reshaping global economic policies, alongside an in-depth analysis of the consequences rising prices have on shoplifting rates and police reactions.
But that's not all – Kerry and John also tackle the controversial subject of a vigilante app, examining its potential impact on business practices and public safety. The dialogue further explores the contentious TikTok ban and what it signifies for free speech and international relations.
Amidst these topics, the conversation doesn't shy away from political hot potatoes. Listen as the speakers discuss the ongoing legal struggles faced by Donald Trump and speculate on the rise of a new "no-label party" in the forthcoming 2024 election. Throughout the discussion, the duo underscores the paramount importance of protecting free speech, ensuring public safety, and addressing the challenges law enforcement officers encounter amid these tumultuous times.
This video is a must-watch for anyone interested in understanding the complex interplay between economics, politics, and societal issues, and how these realms influence each other in today's fast-paced world. Don't miss out on this thought-provoking session that challenges the status quo and encourages a deeper reflection on the forces shaping our lives.
Read John's extensive work @ Rubino.Substack
Find Kerry here: FSN
And here: Inflation.Cafe
Mindy and Kerry discussed the potential impact of inflation on financial planning, retirement, and cost-saving strategies. Mindy provided a detailed analysis of the 0.4% increase in prices and predicted a potential worsening of inflation due to factors such as energy prices and increased travel demand. Kerry raised concerns about the housing market and the impact of higher interest rates, while also discussing the effects of increased travel demand on airline prices and employee pay increases.
The conversation emphasized the need for careful budgeting, increased contributions to retirement plans, and tax-efficient strategies to mitigate future financial risks. They also discussed various strategies for cost-saving and smart shopping, including meal planning, utilizing apps and coupons for savings, and the importance of distinguishing between needs and wants.
Find Mindy here: wealthmichigan
Find Kerry here: FSN
Kerry Lutz and David Stryzewski discussed various economic indicators and market trends, including the recent jobs report and the challenges faced by banks and corporations. They expressed skepticism about the accuracy of the current unemployment rate and the strength of the US dollar, while emphasizing the potential investment opportunities in commodities and alternative assets. The conversation also touched on the rise of Bitcoin as an alternative payment method and the potential impact of blockchain technology on future transactions.
Furthermore, the discussion delved into investment strategies, with a focus on the potential of gold and silver as investment options. They also discussed the upcoming release of David's book and the launch of Kerry's new website, which aims to address the impact of inflation on consumer expenses. Throughout the meeting, Kerry and David emphasized the importance of seeking professional financial advice and navigating the current economic landscape with caution.
Find David here: myspg.com
Find Kerry here: FSN
Kerry Lutz and Chris Markowski discussed various topics related to the stock market and the impact of AI on the labor force and industries. They explored the question of whether the current market is a bubble or a super growth market, using Tesla as an example for analysis. The speakers also drew parallels to historical technological advancements and expressed concerns about the significant impact AI could have on employment.
They shared insights on how AI could potentially replace certain roles, while also highlighting the limitations and potential job displacement associated with AI advancements. Additionally, the conversation touched on the challenges confronting investors, including inflation, geopolitical instability, and moral degradation.
Find Chris here: watchdogonwallstreet
Find Kerry here: FSN
Kerry Lutz and Mark Skousen discussed various topics related to the upcoming FreedomFest event. They talked about the challenges faced during the pandemic and the strategic decision to alternate the event's location. They also revealed exciting details about the next FreedomFest in Palm Springs, California, including the historical significance of the location and the shift in timing to avoid extreme heat. The keynote speakers for the upcoming event in Vegas were also introduced, and a planned debate on intellectual property rights was discussed, shedding light on the differing opinions within the libertarian community.
The conversation also touched on the implications of AI on content creation and plagiarism, with Lutz sharing his personal experience with AI-generated show notes and Skousen expanding on the positive aspects of AI while raising concerns about its potential to create misinformation and manipulate political discourse. The political and economic landscape in Latin America was also analyzed, with a specific focus on the recent libertarian leadership in Argentina and the potential implications of dollarization. Finally, the performance of Bitcoin as an asset, its potential as an inflation hedge, and the government's impact on its market growth were discussed, along with the TNT Trader short-term trading system and the importance of having a disciplined system for trading.
Find Mark here: MarkSkousen.com
Find Kerry here: FSN
Dennis Tubbergen and Kerry Lutz discussed the current economic landscape, expressing concerns about the artificial nature of GDP growth and the sustainability of the model. They drew parallels between the situation and a Ponzi scheme, highlighting the potential for hyperinflation and economic collapse. The conversation also touched on the impact on Social Security and the role of the Federal Reserve in addressing the challenges.
The speakers explored the need for a forced debt jubilee and investment opportunities in precious metals and agricultural real estate. Tubbergen shared information about his book and podcast, while Lutz drew attention to various indicators such as the surge in gold and Bitcoin prices, insider selling in the stock market, and distress in commercial real estate.
Find Dennis here: Dennis Tubbergen
Get his book here: Revenue Sourcing
Find Kerry here: FSN
In a significant sponsor update from Fury Gold Mines’ (🇺🇸FURY -- 🇨🇦FURY) CEO Tim Clark and Chief Geologist Bryan Atkinson provided insights into the company's recent initiatives and prospects. They discussed the consolidation of the Éléonore South project, highlighting its critical importance to Fury's portfolio. This acquisition, driven by Newmont's divestiture efforts, amplifies Fury's exploration potential when Newmont sells its Éléonore mine.
Clark elaborated on the effects of the current gold price trends, particularly the impact of $2100 gold. If this price level holds the sector’s prospects will brighten, especially for well-capitalized and strategically positioned companies like Fury. The consolidation of the Éléonore South project, greatly expands Fury's optionality along with opportunities for growth and value creation. He also talked about their Dolly Varden holdings and their intentions for the future.
Atkinson further delved into the company's exploration and expansion efforts, particularly highlighting the positive outlook for the Eau Claire project as well as its other properties. He also reviewed the prospects for Fury’s next drill program and the high likelihood of additional significant discoveries. Presently he is working on the upcoming updated resource estimate. All signs point to increased shareholder value, which is why we hold Fury shares.
Company Website: https://FuryGoldMines.com
Kerry Lutz and Professor Michael Busler discussed the current economic conditions and inflation. Lutz expressed concerns about the inflationary cycle and its impact on economic growth, while Busler provided a comprehensive analysis of the technical aspects of economic growth and low unemployment rates under President Biden's administration. They also discussed the disconnect between positive economic indicators and the public's perception, shedding light on the complexities of the current economic landscape.
The conversation also delved into the potential strategies of a Republican administration to tackle inflation and deficits, as well as the current state of China's economy and its potential effects on energy demand and investors. Additionally, they touched on the role of executive orders in reversing policies and the potential consequences of government handouts.
Find Michael here: Michael Busler PhD
Find Kerry here: FSN
Kerry and Zach Lemaster, CEO of RTR, discussed the Rent to Retirement investment strategy, which focuses on identifying attractive investment markets and offering turnkey real estate products to investors. He emphasized the importance of factors such as population and economic growth, landlord-friendly legislation, low taxes, and affordable housing, highlighting Florida as a top market. Lemaster also explained how RTR handles property management and provides access to the best deals across the country for investors, allowing them to passively grow their real estate portfolio. The conversation delved into specific markets, such as Southwest Florida and Polk County outside of Orlando, where RTR is heavily involved in new construction and offers affordable housing options with positive cash flow potential.
They also discussed the potential returns and financing options for real estate investments, particularly targeting high-paid professionals and new investors. He emphasized the hands-off nature of turnkey investing, where investors are the sole owners of the property while RTR handles everything, including tenant issues and repairs. Finally, Lemaster outlined the process of getting started in a real estate deal, including consultations with the RTR team and the normal real estate transaction procedures.
Find Zach here: RTR
Find Kerry here: FSN
In this video, Craig Hemke and I delve into the recent unprecedented surge in the prices of gold and Bitcoin, analyzing the factors contributing to their record highs. We explore the economic, geopolitical, and market dynamics driving investors towards these assets as safe havens and speculative investments. Our discussion covers the impact of inflation, interest rate changes, and global uncertainties on the appeal of gold and the digital gold, Bitcoin.
Craig provides his insights into the sustainability of these price levels, potential future movements, and strategies for investors navigating this volatile landscape. We also examine the broader implications of these price increases on the economy, traditional investments, and the emerging digital currency market. Whether you're a seasoned investor or just curious about the recent hype, this video offers valuable perspectives on the shifting tides of global finance.
Find Craig here: TF Metals Report
Find Kerry here: FSN
In this enlightening discussion, Kerry Lutz and Chris Vermeulen delve into the recent market breakouts of gold and Bitcoin. Vermeulen offers detailed technical analysis, predicting a multi-week bull run for gold, while Lutz shares his enthusiasm for a potential multi-year super bull market. They explore the key factors driving gold's price surge, such as banking system concerns and a shift towards tangible and digital assets. The duo also examines the current state of the silver market and the challenges faced by miners.
Further into the conversation, Vermeulen stresses the importance of price action over traditional market fundamentals and discusses the uncertain future of oil prices alongside the promising bullish trends in energy stocks. They tackle the complex nature of trading natural gas, highlighting its cyclical behavior and the inherent risks in natural gas ETFs and stocks. Lastly, Vermeulen shares his insights on interest rates, suggesting they may remain steady for some time and advising caution against speculative market movements. This discussion is a must-watch for investors looking to navigate the complexities of today's financial landscapes.
Go to Chris's site https://TheTechnicalTraders.com
Kerry Lutz and Eddy Gifford discussed the recent PCE numbers released by the Fed and the potential implications for inflation and consumer behavior. They expressed concern about the Fed's limited options and the delicate balance between interest rates and market stability. The conversation highlighted the uncertainty surrounding the market and the challenges faced by the Fed in navigating these economic dynamics.
They also discussed the impact of inflation on the American public, the potential consequences of the "buy now, pay later" trend, and the risks of rapid rate cuts. Eddy advised caution and nimbleness due to the potential bubble in the market and suggested including cryptocurrencies in portfolios for diversification and as a tradable asset. The discussion also touched on the importance of monitoring gold as an economic indicator and the need for a balanced and insulated portfolio that can withstand potential market shifts.
Find Eddy here: Tactive Wealth
Find Kerry here: FSN
Kerry Lutz and Lark Davis discussed various topics related to the cryptocurrency industry. Lark shared his journey from being an investor to becoming a content creator and entrepreneur in the industry. They also discussed the future of cryptocurrency, highlighting the competitive landscape and the potential for consolidation. The conversation touched on the overhype and potential of NFTs, stablecoins, and the role of precious metals, particularly gold, in the digital world.
Lark and Kerry Lutz emphasized the need for legitimate use cases in the industry and the emergence of dominant blockchains. They also discussed the potential applications of NFTs in gaming, real estate deeds, and voting, as well as the integration of crypto in the metaverse. The conversation also touched on the concerns about the overabundance of metaverses and the caution needed in the integration of crypto in various platforms. Additionally, they expressed concerns about the implications of CBDCs, highlighting the potential for government control over money, tax deductions, and setting expiry dates on money.
Overall, the meeting provided valuable insights into the cryptocurrency industry and the potential for its growth and development. Lark's journey and experiences in the industry provided a unique perspective on the challenges and opportunities in the space, while the discussion on various topics highlighted the need for caution and careful consideration in the integration of crypto in various platforms.
Find Lark here: thewealthmastery
Find Kerry here: FSN
Kerry Lutz and Steve Goreham discussed the impact of ESG initiatives on business profitability. They analyzed the withdrawal of big investment banks from climate change pledges, the underperformance of renewable energy stocks, and the financial pressure on oil companies. They also explored the legal challenges faced by oil companies and the advocacy for a carbon tax by the American Petroleum Institute.
The conversation then shifted to the global water crisis, highlighting the widespread lack of access to clean tap water in various countries. They expressed the urgency of addressing water purification issues and criticized the misallocation of resources towards climate change initiatives instead of focusing on more immediate problems. The conversation also touched on the potential impact of misguided goals and the promotion of bug-based diets as solutions to climate change, ultimately emphasizing the need for a more practical and effective approach to addressing global challenges.
Find Steve here: stevegoreham.com
Find Kerry here: FSN
Kerry Lutz and Jim Welsh discussed Trump's legal issues, market trends, and the Fed's stance on rate cuts. They also analyzed the potential economic impact of inflation, gold, and geopolitical events on the stock market. In addition, they delved into the structural changes in work patterns and their impact on office space demand, expressing concerns about the potential problems in the commercial real estate market and the stress on banks. The conversation provided a multifaceted view of the market and economic outlook, highlighting the need for caution and preparedness in the face of uncertainty.
Find Jim here: MacroTides.com
Find Kerry here: FSN
Kerry Lutz and John Rubino discussed a range of topics, including the successful implementation of libertarian policies in Latin American countries, the potential ramifications of the AI bubble on the stock market, Google's recent AI blunder, the legal implications of Trump's judgments in New York, and the potential consequences of truckers refusing to go to New York City. They also analyzed the unexpected rise in interest rates and inflation measures, leading to a hawkish stance from the Fed and its impact on the housing market.
The speakers expressed hope that the successful implementation of libertarian policies in Latin America would pave the way for libertarian ideas to become politically marketable in the US. They also expressed concerns about the exponential growth of artificial intelligence and its impact on market valuations, highlighting the interconnectedness of the AI bubble with other market bubbles such as housing, commercial real estate, and government bonds. The conversation underscored the difficulty of identifying market bubbles in real-time and the potential for a widespread market downturn if the AI bubble were to burst. Additionally, they discussed the challenges and risks associated with shorting the NASDAQ as a hedge against the AI bubble.
Find John here: Rubino.Substack.com
Find Kerry here: FSN
In this instructive and informative conversation, Kerry Lutz sits down with Michael Arries to delve into the current state and future outlook of precious metals, focusing particularly on gold and silver. Arries offers an optimistic perspective, highlighting the strong price charts of gold and its potential for a significant rise.
He also points out the current undervaluation of silver and its prospects for a substantial upward correction, notwithstanding the geopolitical risks associated with silver mining in Mexico. The dialogue further explores the performance of platinum and palladium, with an emphasis on the critical role of physical ownership in safeguarding wealth.
Find Michael @ mcalvany.com
Both experts advocate for the inclusion of physical gold and silver in investment portfolios, underscoring their enduring value and capacity to preserve purchasing power. Additionally, they discuss potential market trends and the importance of diversifying investments with tangible precious metals, offering valuable insights for anyone interested in wealth protection and investment strategy.
Join Kerry Lutz and Dr. Brana Vojcic, renowned experts in the field of financial markets, as they dive deep into the complexities of advanced technical analysis techniques with the goal of demystifying how to make informed decisions in the market. In this enlightening conversation, they explore a range of topics including the application of time cycles, precise price projections, the nuanced analysis provided by Elliot Wave Theory, and the critical role of technical indicators in forecasting market movements.
The discussion doesn't stop there; Lutz and Dr. Vojcic tackle the inherent challenges in predicting market cycles, highlighting the various cycles Dr. Vojcik monitors closely in his analytical work. They delve into the importance of understanding economic and planetary cycles, offering viewers unprecedented access to Dr. Vojcic's (affectionately known as BraVo) expert insights on the cycles affecting precious metals and commodities. Moreover, the conversation explores the intriguing concept of disharmony among different cycles and its potential repercussions on global events and economies. Key issues such as the unsustainable nature of the current debt cycle and the implications for declining superpowers are examined, providing a sobering look at the future. This video is a must-watch for anyone interested in the intricate ways in which various cycles interconnect and impact the global financial landscape.
Whether you're a seasoned investor, a student of economics, or simply curious about how cyclical patterns influence the world around us, Kerry Lutz and Dr. Vojcic offer fascinating insights and valuable knowledge that can help you navigate the complexities of the market. Don't miss out on this compelling discussion that sheds light on the potential future implications of these interconnected cycles. Subscribe for more insights, and let us know your thoughts in the comments below!
Click the link for a free subscription to Brana's newsletter: https://bravocycles-newsletter-market-timing.beehiiv.com/subscribe?_bhba=bc20542f-bc50-467c-9f1e-b1059e871af2
In this episode I share my recent medical scare I experienced while in Thailand, highlighting the importance of health awareness and prompt medical attention, especially when abroad. I discuss my alarming symptoms related to a pre-existing eye condition and the steps taken to address the situation while away from my home country. It all started after I sensed that blood was seeping into my eye while in Bangkok, leading to an urgent medical consultation. I recount my experience at a very prestigious Thai hospital, the amazing high level of care, advanced medical equipment, and the expertise of a retinologist who treated me. Despite dealing with ongoing symptoms like blurriness and floaters the prognosis is highly positive. The medical care was as good or better to any I might have received in the United States. I wanted to praise the efficiency of the Thai medical system.
This video serves as a crucial reminder for travelers to be vigilant about their health and the options available for medical emergencies abroad. Before embarking on any foreign adventures, take time to research the medical system and evaluate any ongoing health issues you might have that may need to be dealt with overseas. Put together a list of hospitals and doctors you may want to treat you. If you have any friends or associates in that country, discuss potential medical issues in advance. That way you can avoid the panic and uncertainty that I felt, until I connected with my Thai network and they led me in the right direction.
Kerry Lutz interviewed Mike Merrigan and Bo Kort, who shared their experiences and insights on their 30-year friendship and business partnership in real estate. They emphasized the importance of aligning with like-minded partners, avoiding get-rich-quick schemes, and focusing on long-term, cash-flowing investments. The speakers also discussed the significance of building a strong back office staff, finding valuable connections, and understanding the motivations of property owners. Additionally, the meeting participants shared their perspectives on the value of education, mentorship, networking, and taking action in business development, highlighting the individualized nature of success and the need to overcome fear and uncertainty.
Find Mike & Bo here - Mike and Bo
Find Kerry here - FSN
Scott Cox and Kerry Lutz discussed the impact of AI on copywriting and note-taking, as well as the client criteria for Scott's marketing agency, which prefers clients in the service industry and those open to change and growth. They also talked about the varying packages offered by Scott's agency, including a comprehensive audit for businesses looking to improve and scale. The conversation then shifted to the pursuit of happiness, with an emphasis on creating an environment conducive to happiness.
Scott shared three marketing strategies for business owners, and they also engaged in a lighthearted conversation about their experiences attempting DIY plumbing. Finally, they discussed various ways for people to connect with Scott online, including visiting his website and following him on social media platforms.
Visit Scott @ https://stxconsulting.co/
- Bitcoin Breakthrough: Kerry and John discuss Bitcoin breaking the $50,000 mark and the role of ETFs in this dynamic.
- Rising Interest Rates: An in-depth look at how increasing mortgage rates are affecting housing affordability and the market at large.
- Stock Market Strategies: The complexities of shorting stocks, including high option premiums and finding optimal entry points.
- CRE Meltdown: Insights into the ongoing commercial real estate crisis and its broader economic implications.
- Policy and Power: A speculative conversation on potential extreme measures by the current administration to maintain control.
- Legal and Immigration Policies: Discussing the Supreme Court's decisions and the Texas governor's actions regarding border security.
- Inflation's Impact: How rising costs are affecting everyday expenses and the importance of educating the public on these issues.
- Global Economic Concerns: The potential global crisis stemming from European banks' exposure to US commercial real estate.
Join us for a deep dive into these topics and more, as Kerry and John share their expertise and perspectives on the challenges and opportunities facing us today. Whether you're interested in finance, policy, or the broader socio-economic landscape, this discussion offers valuable insights into the complexities of our current global situation.
You just can't make this stuff up!
Read John's work @ https://Rubino.Substack.com
In this fascinating episode, Kerry Lutz engages with Ben Lightburn, CEO of Filament Health, to unravel the complex world of psychedelics and their therapeutic potential. Ben provides an in-depth look at the mechanisms of psychedelics, focusing on the predominant theory of serotonin receptor agonists and their transformative impact on mental health.
The discussion takes a critical turn as they explore the ethical dimensions of placebo-controlled studies in psychedelic research, acknowledging the potential for challenging experiences during therapy sessions. Kerry probes into the financial health and future of Filament Health, prompting Ben to shed light on the company's drug development journey and lucrative licensing agreements.
A significant part of the conversation is devoted to microdosing psychedelics, examining both its benefits and the research hurdles it faces. Furthermore, Ben and Kerry delve into the therapeutic and recreational uses of cannabis and psychedelics, providing insights into their historical context and the changing attitudes within the medical and regulatory landscapes.
This episode is a must-watch for anyone interested in the evolving role of psychedelics in modern medicine and therapy. Tune in for a comprehensive understanding of these substances and the innovative work Filament Health is doing in this field.
Visit Filament's site @ filament.health
Visit Kerry @ FSN
Kerry Lutz interviewed Whitney Elkins-Hutten about her journey in real estate. Whitney shared her experience of purchasing her first property after a breakup, the challenges she faced in renovating and selling it, and the financial gains she unexpectedly achieved. She emphasized the shift in her mindset towards creating value and generating income independently of her day job, leading her to transition into buy and hold real estate for long-term financial growth. Whitney also discussed her book "Money for Tomorrow," outlining her personal journey in real estate and the evolution of her investment strategies.
She stressed the significance of understanding the overarching strategy and rules of the wealth game, beyond just focusing on tactics. Kerry and Whitney engaged in a lively conversation about their real estate journeys, sharing humorous anecdotes and emphasizing the importance of a positive attitude and the ability to adapt to challenges. Whitney also provided details about her upcoming book and how to connect with her for further insights into building generational wealth.
Visit Whitney's site @Whitney Elkins-HuttenPassiveInvesting.comhttps://www.passiveinvesting.com
Purchase her book @ https://www.amazon.com/Money-Tomorrow-Protect-Generational-Wealth/dp/1960178121
Kerry Lutz interviews Nate Jensen, a certified management accountant, about the importance of financial dashboards in helping businesses manage their finances more effectively. Nate explains how financial dashboards provide real-time updates on key business metrics, allowing business owners to identify areas for improvement and make informed decisions to maximize profitability. He shares examples of how he has helped various businesses, including marketing companies, a dietary supplement company, and a restaurant, improve their profitability by using financial dashboards to analyze and optimize their business operations.
The conversation also explores the critical role of metrics and dashboards in guiding business decisions, with Nate emphasizing the need to transform complex data into visual representations to facilitate understanding and action. The meeting concludes with Nate providing practical advice for business owners to start with tracking the top three key numbers to gain valuable insights into their business performance.
Find Nate on LinkedIn @ https://www.linkedin.com/in/natecma/
In this enlightening interview, Kerry Lutz sits down with Chase Harmer to discuss an innovative approach to charitable giving. Chase Harmer introduces his groundbreaking platform designed to enhance transparency and efficiency in donations. This episode dives into how the platform transforms donations into virtual credit cards, granting donors a clear view of where their money is utilized and offering immediate access to funds for those in need.
The discussion delves into the platform's unique shopping portal feature, which allows recipients to spend funds at major retailers. This system provides donors with full reconciliation, enabling them to see the direct impact of their contributions. Kerry and Chase highlight the vital role of transparency in building trust and confidence among donors, especially considering the benefits for smaller charities in raising funds more effectively.
Kerry Lutz expresses a keen interest in this innovative approach to charitable giving and encourages listeners to delve deeper into the concept. Check out the show notes for more details on this revolutionary platform that promises to change the face of charitable donations. Don't forget to like, subscribe, and share this video for more insightful conversations on financial and philanthropic innovations.
Check out Chase @ https://chaseharmer.com/
In a thought-provoking episode, Kerry Lutz and Lobo Tiggre delve into the transformative effects of Artificial Intelligence (AI) on employment and investment strategies. They place the AI revolution within the broader historical context of technological advancements, discussing its societal and political ramifications, especially concerning AI-induced job displacement. This conversation is a wake-up call for investors to reconsider their portfolio strategies in light of these significant technological shifts.
Kerry and Lobo also address the sensationalism often associated with AI in media headlines, urging listeners to approach such news with a critical mind. They emphasize the importance of emotional intelligence and choosing trustworthy information sources in an era where AI is frequently misrepresented or exaggerated in public discourse.
Shifting gears, the dialogue explores the potential escalation of current conflicts into a global confrontation. Drawing on the historical concept of Mutually Assured Destruction (MAD), they highlight the role of deterrence in maintaining peace and the lessons that can be learned from past geopolitical strategies.
The conversation takes a deeper turn into the impact of government policies on public agency. Kerry and Lobo discuss the disconnect between decision-makers and the average person's experience, stressing the importance of understanding the real-world implications of these policies. They underscore the need for a grounded understanding of reality to shape long-term outcomes, both in personal and global contexts.
This episode is a must-watch for those interested in the intersection of technology, politics, and investment in the modern world. It's an enlightening discussion that challenges listeners to think critically about the world around them.
Visit Lobo @ independentspeculator.com
Visit Kerry @ FSN
Kerry Lutz and Carl Gould discussed various topics, including the impact of the pandemic on commercial real estate and the need for adaptation in the industry. They also explored the potential impact of the hybrid workplace on productivity and mental health, discussing strategies to maintain productivity while working remotely. The discussion then shifted to the implementation of remote towers for air traffic control and the potential for increased safety and efficiency in air traffic control operations.
They also discussed the evolving role of robots and automation in society, envisioning a future where robots contribute to meaningful endeavors. Finally, they addressed the challenges associated with the current infrastructure's ability to support the increasing number of electric vehicles and the need for technological advancements in battery technology.
Visit Carl @ CarlGould.com
Visit Kerry @ FSN
In this thought-provoking episode, John Rubino and Kerry Lutz engage in a comprehensive discussion on a myriad of contemporary topics that are shaping our world. They delve into the potential impact of artificial intelligence (AI) on society, particularly focusing on how it could transform traditional jobs in fields like writing and politics. The creation of lifelike AI-generated content also forms a crucial part of their discourse, highlighting both opportunities and challenges.
The conversation then shifts to the evolving state of journalism. Rubino and Lutz explore the implications of AI on this field, referencing recent layoffs at the Los Angeles Times as a case study. They further discuss the rise of independent journalism, spotlighting platforms like Substack and Rumble. These platforms are acknowledged for their role in providing alternative viewpoints and challenging mainstream media narratives.
A significant portion of the discussion is dedicated to current political and economic issues. The speakers cover the upcoming election, the deployment of the Texas National Guard to secure the border, and various aspects of immigration policy. The state of the US economy and predictions about the future of the global economy are thoroughly analyzed, providing viewers with a deep understanding of the complexities involved.
Furthermore, Rubino and Lutz delve into the evolution of modern warfare, discussing how technological advancements are changing the face of conflict. The conversation rounds out with a discussion on the ideal investment strategy in these turbulent times, reflecting the speakers' diverse viewpoints.
Throughout the episode, Rubino and Lutz emphasize the importance of diverse voices in public discourse. They highlight the complexity and uncertainty surrounding these issues, underscoring the urgency of addressing them to prevent further escalation.
This episode is a must-watch for anyone interested in understanding the multifaceted challenges and opportunities that our rapidly changing world presents, from the impact of AI to the intricacies of global economics and politics.
Don't forget to like, subscribe, and turn on notifications for more insightful discussions like this one.
Find John's Work Here @Rubino.Substack.com
Find Kerry Here @ FSN
Kerry Lutz and Ed Siddell discussed the current economic conditions and the potential impact of the Fed's decision to lower interest rates. They expressed skepticism about its effectiveness in stimulating the economy while managing inflation and highlighted the challenges the Fed may face in navigating the current economic landscape. The speakers also explored the economic outlook for the upcoming election year, emphasizing the historical trends of positive performance and the potential impact of geopolitical events on the market. They expressed cautious optimism while acknowledging the looming inflationary pressures and the potential consequences of excessive national debt and unfunded liabilities.
The conversation also delved into the uncertain future of social security benefits, with the speakers expressing concerns about potential cuts and the sustainability of the system. They explored the implications of an aging population and workforce dynamics on the funding of retirement benefits, leading to a debate on the best timing for individuals to start receiving benefits. The dialogue reflected a shared sense of uncertainty and the importance of thoughtful planning in the face of potential changes to social security. Finally, they discussed the evolving landscape of retirement planning in light of increasing life expectancy, emphasizing the necessity of robust financial planning to support individuals through an extended retirement phase, considering the challenges posed by inflation, escalating taxes, and potential job displacement due to automation.
Visit Ed @ EGSI Financial
Visit Kerry @ FSN
Kerry Lutz and David Erfle discussed the dynamics of the gold and silver market, highlighting the challenges faced by mining shares and the potential impact of the Federal Reserve's policies on the economy and precious metals. They expressed optimism about the long-term prospects of the gold sector while acknowledging the current negative sentiment and bearish outlook. Additionally, they emphasized the importance of strategic investment in the mining sector and the significance of financing for early-stage exploration companies.
The conversation also touched on the potential for significant gains during market downturns, drawing parallels between the current market bubble and the dot-com bubble of the early 2000s. The speakers discussed their experiences with investing in gold and silver, emphasizing the enduring value of physical ownership of precious metals. They also delved into the world of investing in junior mining companies, highlighting the importance of thorough research and personal connections with management teams. The conversation concluded with a discussion about the challenges faced by U.S. investors in private placements, reflecting a sense of disillusionment with the current state of affairs for U.S. investors.
Subscribe to David's site https://JuniorMinerJunky.com
Join Kerry Lutz and renowned economist Martin Armstrong for a captivating discussion centered around the Socrates computer model's uncanny accuracy in predicting political and market trends since 1985. Discover the model's compelling projection of a 61% chance for a Republican victory in the upcoming 2024 election and its implications for the political landscape.
Delve into the erosion of confidence in government, potential election irregularities, and the profound impact of deviations from historical election norms. Gain insights into the influence of various political agendas, including discussions about veiled threats and the involvement of influential figures like Klaus Schwab and George Soros in funding Democratic elections.
Transitioning to market forecasts, Martin Armstrong reaffirms his earlier prediction regarding the crucial turning point in January. Explore the far-reaching effects of global capital trends on stock markets, with a focus on how geopolitical events shape investment decisions and influence various stock market indexes.
The conversation also tackles pressing economic issues, such as the potential consequences of increased taxes and selective debt default, the dollar's reserve currency status, and the challenges faced by farmers and migration trends within the United States. Despite technical challenges, Kerry Lutz and Martin Armstrong exhibit adaptability and resilience, making this discussion a must-watch for those seeking insights into the ever-evolving world of politics and finance.
Visit Martin and Socrates at https://ArmstrongEconomics.com
Kerry Lutz and David Wright discussed various economic topics, including the recent surge in consumer sentiment and its potential impact on the economy, rising credit card debt, and the uncertainty surrounding future interest rate changes by the Federal Reserve. They also talked about the intricacies of economic stimulus and the mounting debt, providing insights into the contributing factors that have shaped the current economic landscape. The conversation also touched on the potential for Federal Reserve rate cuts, with Lutz suggesting that the cuts may be delayed longer than expected, while Wright highlighted the potential consequences of rate cuts, including the risk of reigniting inflation.
Visit David @ Wright Financial Group
Visit Kerry @ FSN
Join us for an enlightening conversation with Charles Nenner, a renowned expert in market cycles, as he delves deep into the dynamic world of finance. In this thought-provoking meeting, Nenner shares invaluable insights into the stock market, corporate profits, and the cyclical nature of various markets, such as gold, silver, oil, natural gas, soybeans, live cattle, lumber, and Bitcoin.
Nenner highlights the critical importance of monitoring cycles and explores how geopolitical events can influence market triggers. Gain a deeper understanding of how market cycles impact inflation, consumer prices, and interest rates, and why it's crucial to consider long-term economic cycles when making policy decisions.
Hosted by Kerry Lutz, this engaging conversation also addresses skepticism about the Federal Reserve's approach and emphasizes the significance of incorporating long-term economic cycles into policy decisions. Nenner's predictions about a looming housing market crash later in the year and his advice on protective strategies are particularly eye-opening.
We also delve into the potential repercussions of the pandemic on travel and the airline industry, as well as its broader economic implications. Don't miss this opportunity to gain valuable insights into market cycles and their profound impact on various markets. Plus, discover how understanding and integrating long-term economic cycles can shape better policy decisions.
Stay informed and empowered with the Financial Survival Network, and be sure to sign up for a free trial on Charles Nenner's website to access even more expert insights. This meeting is your ticket to a deeper understanding of the financial world's cyclical nature – watch now!
For a free trial of Charles's work go to https://CharlesNenner.com
In a thought-provoking conversation, Kerry Lutz and Lord Conrad Black delve into pressing issues of our time. They explore the current state of the United States, its political climate, global affairs, and the Ukraine war. Lord Conrad Black shares his optimistic outlook for the nation's future while stressing the importance of a balanced perspective on its history and civil rights achievements. The discussion also touches upon concerns of the working class, comparisons between administrations, and the diminishing influence of China on the world stage. They express skepticism about China's capabilities and delve into Europe's state. The conversation extends to education, addressing issues with teachers' unions and the rise of alternative methods like homeschooling. Don't miss this insightful exchange of ideas.
Amazon link to Lord Black's Latest Book https://amzn.to/3S9h86D
Jason White shared his insights on the world of government contracting, particularly at the federal level. He emphasized the ease of finding federal government contract opportunities through sam.gov, with over 96,000 opportunities available daily.
They also discussed the role of a government contractor in sourcing and fulfilling contracts, highlighting the potential for success in this field. He recounted his interaction with the federal government in 2017, when they requested 82 million gloves, and the subsequent negotiation process that led to a contract in 2019.
The conversation delved into the specifics of the security services provided to government agencies, including guarding valuable assets and transporting money. White also explained the rules and preferences for subcontracting contracts, noting that most federal government contracts allow subcontracting.
Additionally, he shared his approach to pricing and selecting subcontractors, emphasizing the need for price comparison. The meeting concluded with a detailed conversation about the potential for making money in federal government contracting, identifying real estate, janitorial, landscaping, and IT services as areas of opportunity.
Find out more about this opportunity @https://www.thefederalcode.com/
Kerry Lutz and Eddy Gifford discussed the recent producer price numbers and expressed concerns about the state of the economy, consumer demand, and credit. They explored potential scenarios of a soft landing, inflation, recession, and the potential impact on the stock and bond markets. Eddy Gifford also raised concerns about the dollar's primacy and the potential domino effect of uncertainty on global economies.
The conversation highlighted the complexity and uncertainty surrounding the economic outlook and the potential challenges ahead. Additionally, Eddy Gifford provided a comprehensive overview of the challenges and opportunities in the current investment landscape, emphasizing the need for nimbleness and discipline to navigate uncertainties. The discussion underscored the importance of being informed and prepared to make strategic financial decisions in the face of market volatility and potential risks.
Visit Eddy @ tactivewealth.com
Visit Kerry @ FSN
🌟 In a thought-provoking discussion, Kerry Lutz and Arlan Hamilton delve into the crucial topics of diversity and inclusion within the investment landscape. 🌟
Arlan Hamilton, a trailblazer in the world of venture capital, opens up about her personal journey, the challenges faced by underrepresented entrepreneurs in Silicon Valley, and the pressing need for diversity in investment decision-making.
🚀 Key takeaways from their engaging conversation:
1️⃣ Arlan's Journey: Arlan Hamilton shares her inspiring story of being underestimated in Silicon Valley and how she overcame the odds to become a leading figure in the investment world.
2️⃣ Access to Capital: Discover the hurdles underrepresented entrepreneurs face when seeking funding and why equal opportunities are paramount.
3️⃣ Aviation Sector: Explore the risks associated with diversity in the aviation industry and how both speakers are dedicated to ensuring the best talent can thrive.
4️⃣ Investment Criteria: Arlan delves into her investment criteria, focusing on innovative ideas from underrepresented entrepreneurs that can make a significant impact.
5️⃣ Stories of Resilience: Learn about specific entrepreneurs Arlan has supported and their remarkable journeys, showcasing resilience and groundbreaking ideas.
6️⃣ Embracing Failure: Arlan candidly discusses her experiences with alcoholism, sobriety, and the role of failure in personal growth and success.
💪 Embrace Failure for Growth: The conversation emphasizes the value of viewing failures as opportunities for growth and personal development.
Kerry Lutz and Paul Oster discussed the impact of holiday spending on consumer debt, particularly credit card debt, and its detrimental effect on credit scores. They emphasized the need for consumers to address their credit card debt in 2024, highlighting the potential economic downturn and the severe consequences of missed payments on credit ratings. The speakers also discussed strategies for effectively managing credit card debt, including exploring lower-interest borrowing options, devising a clear and mathematical plan for debt repayment, and cutting unnecessary expenses.
The discussion also focused on the pervasive influence of credit scores on financial transactions, highlighting the detrimental effects of lower credit scores on insurance premiums, utility deposits, and other expenses. The speakers emphasized the importance of taking proactive measures to improve credit scores and break the cycle of financial disadvantage. They recommended using free apps and software like mint.com and NerdWallet to manage debt and track expenses, and highlighted the essential role of individual commitment and discipline in the process. Additionally, Oster discussed the potential benefits of credit management programs and the power of reducing credit card interest rates to zero for the right individuals.
We sat down with Fury Goldmines’ CEO (🇺🇸FURY -- 🇨🇦FURY) Tim Clark and Exploration SVP Brian Atkinson for a sponsor update. Newly released drill results showed a significant intercept at the Hinge Target. (31.77g/t gold over 3.50 meters.
CEO Tim Clark emphasized how much these results validate FURY's strategic approach and he outlines plans to increase the resource at the Eau Claire; a crucial point for potential buyers and analysts. He stated, “… when I first was here and sitting down with investors, we were talking about making this a turnaround story. Now, …all that's behind us and we're one of the marquee names in the junior exploration space in gold.”
He has high praise for SVP Bryan Atkinson’s success in drilling 19,000 meters – instead of the planned 15,000 meters and still coming in $1 million under budget. Atkinson noted that results are pending for 5 more drill holes in the Hinge and another 5 in Percival.
The makings of a banner 2024 are clearly in place and the eventual release of an updated resource estimate should give us a clear indication of Fury’s potential value. Fury has the financial capability to make it happen with C$7 million in the treasury, along with C$50 million in Dolly Vaden Silver shares, which in light of recent results could be headed significantly higher. This is why we continue to patiently hold shares and await the eventual bull market in junior miners.
Company website: https://FuryGoldMines.com
Kerry Lutz and Nick Santiago discussed various topics related to the financial market. They analyzed the recent movements of the market, including the resurgence of technology stocks and the impact of the Powell pivot. They also discussed the Federal Reserve's monetary policy shifts and their impact on the market, as well as potential indicators of an upcoming recession. The conversation also touched upon the energy market, precious metals market, and investment strategies.
The discussion on the energy market focused on the performance of crude oil and natural gas, with Santiago sharing his trading experiences and challenges. They also discussed the potential impact of the approval of spot Bitcoin ETFs on the cryptocurrency market. The conversation on the precious metals market highlighted the volatility in gold and the underperformance of silver, as well as the market outlook for 2024.
Santiago provided insights on sector analysis and investment strategies, advising against tech stocks in the first half of the year and recommending considering companies that were beaten down last year. They also discussed the housing market, emphasizing the shortage of housing caused by large firms buying houses and reducing supply. The conversation ended with a discussion on the potential for China to invade Taiwan and the potential consequences of such an action, as well as the likelihood of more wars in the coming years and the potential impact of political scenarios on the global economy.
Find Nick here: inthemoneystocks
Find Kerry here: FSN
Kerry Lutz and John Rubino discussed a range of topics, including the increasing layoffs in the tech and banking sectors, the future of banking and the impact of automation, the potential ramifications of AI integration in the legal system, the distressing state of the real estate market, the uranium market and the potential role of nuclear energy, the impact of new extraction technologies on oil production, the potential impact of automation and AI on the future of work, the price of gold, the recent release of Bitcoin ETFs and ETPs, and the border crisis.
The speakers analyzed various economic indicators such as consumer spending, commercial real estate, and credit card delinquencies to support their observations about the layoffs in the tech and banking sectors. They also explored the idea that traditional banks and branches may become obsolete as technology continues to advance, and predicted that many banking tasks could be automated without any loss of efficiency. Additionally, they expressed concerns about the vulnerability of AI to hacking and manipulation in the legal system.
The speakers also discussed the challenges faced by the real estate market, including the shift towards remote work, oversupply of buildings, and the challenges faced by various real estate investors. They highlighted the recent surge in uranium prices due to production issues at Kazatomprom and expressed optimism for the future of nuclear energy. They also explored the potential implications of automation and AI on the future of work, including the need for a societal transition and the potential for political pressure as automation progresses.
The speakers expressed cautious optimism about the trajectory of gold prices and its implications for investors, while expressing skepticism about the potential impact of Bitcoin ETFs and ETPs on the market. They also discussed the border crisis and its potential impact on northern cities and the political implications, as well as alleged Chinese military issues and broader concerns about corruption and incompetence in the U.S.
To read John's work visit https://Rubino.Substack.com
In a riveting discussion, Kerry Lutz and Peter Grandich tackle the looming economic storm, warning of social, political, and economic challenges that could shake the world. Grandich emphasizes capital preservation over high returns. They also delve into the gold market, cryptocurrencies, and suggest looking abroad for investment opportunities. The conversation turns to China's economic shifts and its debt crisis, exploring global repercussions. Lastly, they dive into the cryptocurrency craze, examining underlying motives and the need for critical thinking amidst market fervor. Don't miss this insightful conversation!
Visit Peter at https://PeterGrandich.com
Kerry Lutz and financial expert Ted Thatcher discussed the Federal Reserve's recent pivot on interest rates, expressing skepticism about Jerome Powell's decision and its potential impact. They also delved into the dynamics of Wall Street's investment approach, emphasizing the focus on being on the right side of the trade and the potential opportunities in commodities and real estate. The conversation also highlighted the looming banking crisis and the Fed's measures to mitigate it, including the significance of the bank term funding program in preventing regional banks from facing liquidity challenges. They acknowledged the need to be cautious in the current investment environment and briefly mentioned the impact of global factors, such as the financial situation in China, on the future outlook.
Kerry Lutz and Robert Kientz discussed various economic issues, including potential layoffs in the banking and tech sectors, challenges faced by the banking system, and the evolving global economic landscape. They also explored the impact of the growing national debt and its potential repercussions on asset values and wealth distribution among different generations. Additionally, they expressed concerns about the potential for a recession and the complexities the Federal Reserve may encounter in addressing inflation and interest rates.
The conversation also delved into the role of financialization on various assets, with a focus on the potential impact of Bitcoin exchange-traded products (ETPs) on the cryptocurrency market. Kientz and Lutz highlighted concerns about manipulation and centralization, emphasizing the need for a critical examination of the impact of ETPs on the cryptocurrency market. Finally, they discussed the outlook for the gold and silver market in 2024, with Kientz predicting increased interest in these precious metals driven by potential volatility and geopolitical uncertainty in the upcoming year.
Visit Robert @ https://goldsilverpros.com
Kerry Lutz and Steve Goreham discussed energy and the environment and today's misguided government policies. They expressed skepticism about the practicality of achieving net zero emissions by 2050 and emphasized the importance of prioritizing low-cost, reliable energy and addressing real pollution. They also discussed the potential consequences of a weakening electric grid and the need for people to recognize the risks associated with over-reliance on electric power.
They explored various aspects of electric vehicles, acknowledging the challenges and costs associated with electric vehicle ownership, and debated the market penetration of electric cars. Finally, they delved into a detailed discussion about the challenges and drawbacks of renewable energy, emphasizing the significant impact on electricity prices, the potential for increased blackouts, and the high cost of grid-scale batteries.
Visit Steve @ https://www.stevegoreham.com/
Kerry Lutz and Eric Hadik discussed the potential effects of the dollar's performance on the 2024 election and the broader economic climate. Hadik predicted a downward trajectory of the dollar from 2023 to 2026, highlighting the influence of geopolitical and monetary competition, and its potential ramifications on inflation and U.S. debt. The conversation also touched on historical cycles of fiat currency and hard currency battles, with Hadik referencing the 40-year cycle and its implications for the dollar's strength against assets like gold. The speakers explored the potential impact of market trends on gold, predicting that it may see more upside in the future due to loss of purchasing power.
They discussed market indicators, predicting an upside breakout within the year and analyzing the potential impact on energy prices, particularly crude and natural gas. They anticipated a significant bottom in mid-year, followed by a less inflationary wave down into the third quarter, aligning with other market trends. Additionally, Eric delved into the intricacies of market analysis, focusing on the outlook for bonds, notes, and interest rates, and the potential impact of non-correlation and inter-market correlations.
Eric provided a comprehensive overview of the four-year cycle in bonds, noting a potential rebound and decline in interest rates by the third quarter of 2024.
Visit Eric @ https://InsiideTrackTrading.com
Anthony and Kerry discussed the market outlook for 2024, with Anthony expressing optimism about the Powell Pivot and the potential for avoiding a recession. They also explored the resilience of the housing and labor markets in the context of rising interest rates, considering the impact on potential moves and inventory shortages in the housing market. Additionally, they discussed the significant impact of geopolitical events on the financial markets, addressing the potential repercussions of the upcoming presidential election, China's economic instability, and conflicts in the Middle East.
They expressed apprehension about the possibility of a Black Swan event and emphasized the need for careful monitoring of global developments. Finally, they shared their perspectives on the stock market's future trajectory, highlighting the importance of remaining vigilant and adaptable in the face of geopolitical uncertainties and their potential effects on financial stability.
Visit Anthony @ AnthonySaccaro.com and providencefinancialinc.com
Visit Kerry @ FSN
Join Kerry Lutz and Jason Hartman as they delve into the anticipated trends and predictions for 2024, with a special lens on the real estate market. This conversation is a deep dive into how supply and demand forces shape our economic reality, alongside a critical review of the Federal Reserve's handling of inflation. While acknowledging the unpredictable nature of future events, Lutz and Hartman emphasize the strategic importance of investing in income-producing assets to safeguard against economic volatility.
The dialogue further explores the persistent issue of inflation, dissecting its profound implications, especially for the United States as a major debtor nation. They engage in a thought-provoking analysis of the ongoing tug-of-war between technology's deflationary effects and the inflationary pressures exerted by expansive fiscal and monetary policies. This discussion sheds light on the changing dynamics of global labor markets and their potential long-term influence on inflation.
Furthermore, the speakers debate the possible outcomes of sustained inflation and government interference in the economy, touching upon the controversial profitability of war and the crucial need to dismantle incentives for conflict. They underscore the complexity of these interrelated factors and advocate for a holistic grasp of their economic consequences. Additionally, Hartman offers valuable perspectives on the real estate sector, advocating the timeless principle of supply and demand and challenging the prevalent pessimistic views on housing shortages in the U.S.
This video is a must-watch for anyone interested in a comprehensive and nuanced understanding of the upcoming economic and real estate trends, the forces of inflation and technology, and the wider global economic implications as we step into 2024.
Sign up for the cruise @ https://empoweredinvestorlive.com/
Visit Jason @ https://JasonHartman.com
In this critical discussion, Kerry Lutz teams up with economic expert Michael Pento to dissect the latest non-farm payroll report, revealing a worrying decline in the labor force and negative revisions that point to a rapidly deteriorating jobs market. They challenge the face value of headline numbers, urging viewers to understand the deeper implications behind the stats.
Pento, in particular, criticizes the inefficiency of government hiring and sheds light on the concerning net loss of jobs in the manufacturing and service sectors. The conversation takes a sharp turn to the bond market's volatility and the Federal Reserve's ambiguous stance on rate cuts. Pento debunks the overzealous market reactions to the Fed's announcements, exposing the stark difference between the central bank's rhetoric and the market's interpretation. The duo navigates through the intricacies of market behaviors and the influential role of the Fed, providing a nuanced perspective on the economic and financial challenges ahead.
As the session wraps up, Lutz and Pento plan to reconvene in the coming months to further analyze the unfolding economic landscape. This insightful dialogue is not just a critique but a beacon for anyone looking to grasp the current state of the economy and anticipate what's next. Stay tuned and dive deep into the realities of the job market and monetary policy with two seasoned economic commentators. Visit Michael at https://PentoPort.com
The NASDAQ tanked on the first day of 2024 trading. Is it just Apple or is Big Tech going to have a hard year?
How likely is a soft landing?
Will the January effect help gold/silver miners this year?
Gold seems to be holding above $2000. What are the odds of an up year in 2024?
Both wars are ramping up. Storm before the calm or the start of WW3?
The credibility of Ivy League schools is cratering. Pres of Harvard just resigned (Dilbert comic attached)
There's a chart showing births by illegal immigrants now outnumber births by Americans (attached). Is this a form of cultural suicide?
In this enlightening discussion, Kerry Lutz and John Rubino dive deep into the first trading day of 2024, dissecting market dynamics, and the halt in the Fed's interest rate hikes. They analyze the ripple effects of complex collapses in China, the US, and Germany while forecasting a bullish trend in the gold market for 2023. The duo introduces the "Inflation Cafe" concept and debates the political and cultural impacts of populism, open borders, and the widening gap between the wealthy and the masses. They scrutinize the controversy surrounding the Harvard president and the college scandals, shedding light on the implications for society. The conversation takes a geopolitical turn, touching on the cultural war and conflicts in Israel and Ukraine, as well as power struggles among global giants. Lutz and Rubino express their apprehension about overvalued stocks, an impending bear market, and the dire state of the housing market due to high mortgage rates. They emphasize the interconnectedness of global crises, the urgent need to combat inflation, and the growing societal discontent. This comprehensive dialogue covers a gamut of pressing issues from financial markets and geopolitical instability to societal challenges, making it a must-watch for those interested in understanding the complexities of the current global landscape.
Kerry Lutz interviewed Mark F, a former handyman who shared his journey from being a carpet installer to a successful real estate investor. Mark discussed how he discovered his talent for fixing things and how he turned it into a profitable business. He shared how he used his commissions from real estate sales to buy and flip homes, and how he was able to do most of the repairs himself, which saved him time and money.
Kerry shared a humorous story about his toilet troubles, and Mark and Kerry discussed the potential income and opportunities available to those who become handymen, emphasizing the importance of knowing when to call in a professional and cautioning against attempting tasks that are too difficult. Finally, Kerry mentioned his consulting services for struggling entrepreneurs and invited listeners to email him with questions or business opportunities.
Kerry Lutz interviewed Gar Russell, founder and CEO of Fireside RV Rental, discussing the company's innovative approach to the RV rental market. Russell shared his personal experience of living in an RV with his family for five years while building up the business and homeschooling his children. They discussed the company's goal of having 100 locations by the end of 2024 and the increasing demand for RV rentals due to the COVID-19 pandemic and the trend of people wanting to experience the outdoors.
Russell also highlighted the challenges of RV ownership and the benefits of renting through Fireside RV Rental. Additionally, they discussed the RV rental franchise business model, the different types of RVs and services offered, and the potential returns a franchisee can expect. Overall, the conversation provided valuable insights into the RV rental business and the joys and challenges of traveling in an RV.
Find Garr here: Fireside RV Rental
Find Kerry here: FSN
In this meeting, Kerry Lutz and Craig Hemke discuss various topics related to the economy and the precious metals market. They delve into the Fed's recent pivot and its potential impact on the economy and the upcoming presidential election. They also discuss the recent rise in gold prices and the impact of bank acquisitions on the precious metals market.
Additionally, they analyze the recent rise in copper prices and predict that it will continue, potentially reaching all-time highs. They base their predictions on historical trends and current market conditions, including the potential for a downward trend in the dollar.
The speakers also discuss the importance of independent voices in providing news and market insights, as well as the need for community connection during these times. They exchange pleasantries at the end of the meeting, wishing each other a happy holiday season and discussing personal updates. Overall, the meeting provides insights into the current state of the economy and the precious metals market, as well as the importance of community and connection during challenging times.
Find Craig at: TF Metals Report
Find Kerry at: FSN
Kerry Lutz and John Rubino discussed various topics related to the economy, investments, and geopolitical risks. They talked about the recent reversal of the Fed's interest rate policy and its potential impact on the economy, with Rubino suggesting that rising government and personal interest costs could lead to a recession in 2024. They also discussed the potential for gold's next leg and how it could increase by at least 50%, as well as the lack of trust in institutions and the banking crisis.
The speakers also analyzed the challenges faced by the mining industry, particularly in South America, and the potential benefits of investing in physical commodity ETFs in the current geopolitical climate. They suggested creating a portfolio of royalty companies, physical ETFs, and high-quality explorers for exposure to the precious metal sector and commodities in general, while emphasizing the importance of choosing explorers with deposits in safe jurisdictions to avoid political risk. Finally, they discussed the decline of global excellence and the self-destructive path of many countries, questioning how long this charade can go on before the tide goes out and everyone is exposed.
Overall, the meeting covered a wide range of topics related to the economy, investments, and geopolitical risks, providing insights and perspectives on various issues that could impact the financial markets and investors.
Read John's work here: Rubino.Substack.com
Find Kerry here: FSN
Kerry Lutz and David Stryzewski discussed the flaws of the Consumer Price Index (CPI) and how it fails to accurately measure inflation. They also predicted that inflation is going to continue to rise due to higher wages and benefits leading to higher prices. They cautioned against putting too much weight into CPI numbers and recognizing that they have not gone down.
Additionally, they discussed the potential for a recession in 2024 due to weak consumer spending, high credit card debt, unaffordable housing, and loss of full-time jobs. They also mentioned global economic issues, such as Germany and Japan being in recession, Canada facing a housing recession, and China being in massive trouble. Finally, they discussed specific investment strategies, including allocating to commodities, gold and silver, oil producers, and international plays, and advised caution when investing in bonds.
Find David here: myspg.com
Find Kerry here: FSN
Matthew Johnson and Kerry Lutz discussed the latest economic indicators, including CPI, PPI, and personal consumption expenditures, and the Fed's decision not to raise interest rates in December. They stressed the importance of diversification in investments to minimize risk and maximize returns, recommending a mix of fixed income, equities, real estate, and precious metals. They also advised against making wholesale moves in and out of the market, instead advocating for a moderate approach to investing and keeping a close eye on fundamentals. Johnson Wealth and Income Management predicts that the market will continue to recover and grow, with an expected 8-12% increase in the S&P by the end of 2024, but caution against being swayed by headlines and making rash decisions.
Find Matthew at: johnsonwim.com
Find Kerry at: FSN
Join Kerry Lutz in an engaging interview with author David Wright about his insightful book "Bonfire of the Sanities." This episode delves into the crucial strategies for managing retirement portfolios amidst today's economic fluctuations. Key highlights include:
- Purposeful Retirement Savings: Wright emphasizes understanding the real purpose behind one's retirement savings, urging investors to look beyond media hype and fleeting investment trends.
- Impact of COVID-19 and Economic Shifts: Explore how the global pandemic and subsequent economic shutdowns have reshaped the market landscape, posing unique challenges and opportunities for retirees.
- Federal Reserve's Interest Rate Decisions: Gain insights into how the Federal Reserve's policies on interest rates might affect retirement portfolios, offering a perspective to help viewers make more informed financial decisions.
- Practical Investment Advice: The book provides actionable guidance on investing for income through dividends and interest, rather than relying on the sale of shares for financial sustenance.
- Working with Income Advisors: Wright advocates for the importance of professional advice in avoiding common investment pitfalls and adapting portfolios to changing market conditions.
🏦 Whether you're nearing retirement, already retired, or planning for the future, this episode offers valuable advice on navigating the complexities of retirement portfolio management in a volatile economic environment.
Find David @ David M. WrightWright Financial Group, LLChttps://wrightfinancialgroup.com › david-m-wright
Kerry Lutz interviewed William Nutting, proprietor of the financial newsletter NutStuff, who discussed the challenges facing investors worldwide in seeking out good returns, including diversifying away from the big stocks and investing in special situations, small caps, crypto, gold, uranium, commodities, and emerging markets. Nutting emphasized the importance of understanding that the world has changed to a world of positive real rates and that companies that are going to be successful are those that have repaired themselves and are selling products that people need and use increasingly more. He also discussed the potential for investment opportunities in areas with increasing weighting in global benchmarks, such as Saudi Arabia, and the importance of embracing common sense when it comes to investment spending and capital expenditures. Finally, Nutting shared his investment strategy of looking for opportunities in markets that are priced for perfection, such as artificial intelligence and marijuana, and provided information about his subscription-based investment research business and the content it covers.
Find his newsletter @ NutStuff.co.uk
Kerry Lutz and James Locke discussed various economic factors such as interest rates, inflation, and investments. They noted that the producer price index for November remained unchanged, indicating steady inflation and reinforcing the Fed Reserve's decision to leave the Fed funds rate alone. They also talked about the potential impact of a cut in interest rates on investments, with people potentially investing in higher dividend stocks and other value-focused investments.
The discussion also touched on the challenges and opportunities facing the US economy, including tax increases, maintaining international balance, and the potential impact of remote work. Despite the challenges, Locke remained optimistic about the markets and the road ahead.
Find David @ https:poolelocke.com
The meeting between Kerry Lutz and Martin Armstrong covered a wide range of topics, including the US Debt clock, gold, China's future, inflation, interest rates, and the impact of fraud on the system. Armstrong predicts that all governments will change by 2032, including China's, but that the people in China are not about to go back to communism. He also warns that the inflation in the US is due to shortages caused by COVID lockdowns. The discussion highlights the need for politicians to consider the long-term impact of their actions on society and the government.
The conversation also delved into the intricacies of government, currency, and debt. They discussed the benefits of term limits in government and the success of Genoa's system. They also explored the instability of currencies without trustworthy economies and the flaws in the euro. The conversation then turned to the potential for the FDIC to default on savings accounts and the increasing control over financial transactions, highlighting the potential for draconian measures in the face of a collapsing system.
Dive into an insightful discussion with Kerry Lutz and Claudia Moncarz about the IRS's recent funding surge and the role of AI in transforming tax collection and enforcement. In this episode:
👨💼👩💼 Key Topics:
- IRS's Enhanced Enforcement: Explore how the IRS is utilizing its increased funding, focusing particularly on auditing high-income individuals and corporations.
- AI in Tax Collection: Discover how artificial intelligence is streamlining the IRS's processes, making tax collection more efficient.
- Tracking Digital Assets: Understand the IRS's approach to monitoring digital assets and its implications.
- Corporate Transparency Act Enforcement: Delve into how the IRS is enforcing this critical act.
- Non-Filers Challenge: Learn about the significant number of people who don't file tax returns and the IRS's strategies to tackle this issue.
📬 Dealing with the IRS:
- Opening IRS Letters: Find out why it's crucial to pay attention to communications from the IRS and act promptly.
- Respectful Interactions: Hear insights on the importance of treating the IRS with respect and consideration during tax issues.
- Expert Advice: Claudia Moncarz shares her expertise on handling tax problems and offers her contact information for personal guidance.
Visit Claudia's site at MoncarzLaw.com
Find Kerry here: FSN
Kerry Lutz interviews Chase Insogna about end-of-year tax planning tips for business owners. Chase emphasizes the importance of being proactive with tax planning and bookkeeping, recommending hiring a CPA, making big purchases for Section 179 deduction or bonus depreciation, and selling stocks to offset gains. He also suggests setting up an LLC S Corp, having clean books, paying a reasonable salary, and saving for retirement.
They discuss the benefits of paying your kids and spouse, including tax savings and maximizing deductions, and the importance of tax planning and business structure. They recommend considering S-corp for tax planning and ongoing accounting for businesses making two to three hundred thousand in revenue.
Find Chase here: Insogna CPA
Find Kerry here: FSN
In this insightful interview, Bob Hoye joined Kerry Lutz to explore the burgeoning opportunities in the gold sector, particularly focusing on a promising small cap gold mining company in Colombia. This company, boasting a 20-kilometer-long main reef rich in gold, epitomizes the potential growth Hoye and Lutz foresee in the gold market. The discussion pivoted around the belief that gold stocks are set to outperform the S&P in the coming years, underpinned by the sector's strong growth prospects.
Delving into the broader financial landscape, Hoye and Lutz dissected the anatomy of a financial bubble, aligning their analysis with current market conditions. They highlighted crucial indicators like the strengthening of the senior currency and the rise in real long interest rates, providing a roadmap for navigating from boom to bust phases in the market. This part of the conversation was particularly enlightening as it offered a pragmatic approach to understanding market dynamics.
A significant portion of the discussion was dedicated to the historical and potential future performance of gold stocks, especially during periods of post-bubble deflation. The speakers drew on the example of Homestake, a gold mining company, to illustrate how gold stocks have historically fared during challenging economic times. This case study underscored their optimism about gold's enduring profitability and growth potential.
If you want Bob's list of Junior Gold Miners write at kl@kerrylutz and put Bob's Stocks in the subject line.
In this insightful interview, Kerry Lutz sits down with Chris Vermeulen, a renowned market analyst, to delve deep into the dynamics of various financial markets. They explore the current state of the stock market, gold prices, the bond market, crude oil, and trading strategies, offering valuable insights for investors and traders alike.
Chris Vermeulen presents an intriguing outlook, predicting a rise in the stock market leading into the New Year, highlighting the possibility of a short squeeze, and discussing the contrasting trends in big cap and small cap investments. A significant part of the conversation is dedicated to analyzing the recent volatility in gold prices, where Vermeulen suggests the possibility of a major double top forming in the stock market.
Turning their attention to currency, Vermeulen forecasts a weakening dollar, coupled with a continuous rally in stocks and a gradual uptick in gold prices. He shares his insights on the bond market and interest rates, suggesting a current downtrend and stalling rates. The discussion also covers the crude oil market, where Vermeulen sees a short-term downtrend within a broader sideways trading pattern, anticipating further declines in prices.
Additionally, the interview sheds light on Chris’s work at technicaltraders.com, discussing the analytical approaches and trade signals available on the site. They touch upon a variety of asset classes, including lesser-discussed ones like uranium and Bitcoin. Kerry Lutz also shares his personal strategies in Bitcoin trading and experiences in accumulating physical silver.
This conversation is a goldmine for anyone interested in understanding and navigating the complex world of financial markets.
Visit Chris Vermeulen's website for more insights: TheTechnicalTraders
Find Kerry here: FSN
Kerry Lutz sits down with Prospera Energy's (🇺🇸GXRFF -- 🇨🇦PEI) CEO Samuel David and CFO Chris Ludtke for the latest production updates and strategic developments. They provide us with their recent operational achievements, including the new well at Brooks and the eight new horizontal wells. He explained that bringing horizontal wells online requires a brief shut down of the adjoining wells, in an effort to optimize production and minimize decline rates.
The new Brooks well is should be a significant contributor to output. Samuel expects to conclude 2023 with an 1800 BOE per day production rate, which is quite impressive considering that when he took over Prospera it was producing 60 BOE. He provides an in-depth look at how the company is effectively tapping into previously inaccessible reserves, a move that promises to substantially impact Prospera's reserve valuation and Net Present Value (NPV).
Chris provided details on PEI's financials, drill program, and acquisitions. He confirms that the company has successfully managed expenses, achieving a substantial reduction in fixed costs through increased production efficiencies.
Samuel expounded further on the cost-effective strategies being implemented. Costs per well are currently coming in 15 percent under budget, providing proof of Prospera's strict financial management, in an industry often known for high costs.
Finally, Samuel provides us with a look at Prospera's acquisition strategy. The company is focused on acquiring distressed properties, particularly those rich in light oil, to balance their heavy oil portfolio. He reveals that Prospera has five significant acquisitions in the pipeline, some of which are located in the United States. He's racing to complete them in Q1 '23. Visit Prospera's website at:
https://ProsperaEnergy.com and sign up for notifications.
In a meeting between Kerry Lutz and Gerald Celente, the impact of the COVID-19 pandemic on the real estate and banking industries was discussed. With remote work becoming more prevalent, people are leaving cities, leading to a decrease in occupancy rates and an increase in vacant buildings. This will result in owners of these buildings defaulting on their mortgages, leading to a banking crisis.
The pandemic has also led to the decline of cultural centers and trade centers in cities, with businesses that depend on commuters going out of business. The rise of crime and homelessness in cities is also contributing to people leaving. The conversation highlights the interconnectedness of the global economy and the consequences of political decisions on economic growth.
The discussion also touched on the decline in manufacturing numbers and how it will lead to a decrease in consumer buying. They also talked about the unsustainability of the current population growth and how it will affect the economy. The conversation then shifted to the potential risks to Bitcoin, including government intervention, and recommended investing in real estate as a long-term play.
Finally, they predicted that holiday sales will be weak and that the markets will go down after the new year, and urged investors to be cautious in their financial decisions. The negative impact of urbanization on cities globally was also discussed, with a focus on the United States. They suggested that de-urbanization may be a positive outcome of current events.
Visit Gerald at TrendsJournal.com
Visit Kerry at FSN
The meeting discussed the benefits of cost segregation studies for real estate investors looking to save money on taxes. Joseph Viery from US Tax Advisors Group explained that the study identifies shorter life assets of a property and calculates the correct cost to them, which can be written off against taxes. Viery provided an example of how a $250,000 cost segregation study can cut a $500,000 taxable income in half.
He also explained that the study is an engineering-based process that calculates how much accelerated depreciation the taxpayer is entitled to. The meeting also discussed how the process has become much easier and doesn't require an on-site review, and that they provide a no-cost estimate for the process.
The meeting also discussed how cost segregation studies can benefit condo owners, although the process is slightly different and costs $100 more. Viery emphasized that tax savings can be used to improve properties or buy more property, and that the investment is recommended if it can save investors 10 times his fee. Overall, the meeting provided valuable information for investors looking to save on taxes through cost segregation, including the fact that the IRS guarantees the process and that they offer a free estimate of potential savings.
Kerry Lutz and Carl Gould discussed the resurgence of buy now, pay later plans and how they can be an effective way for companies to attract new customers. They cautioned consumers to be aware of potential hidden fees and penalties before signing up for these programs. The speakers also discussed the challenges facing retailers in the changing retail landscape and how they are adapting to attract customers. They emphasized the importance of creating a compelling experience for customers and using innovative tactics such as bundling, clearance racks, promotions, and discounts.
The conversation also touched on the pros and cons of online shopping versus local stores, with Amazon being a trusted source for finding products and managing expectations. The speakers noted the advantage of curbside pickup offered by Target and Walmart, which has proven to be a valuable service for customers who need items quickly. Additionally, the speakers discussed the trends in Christmas shopping and the rise of buy now, pay later programs.
They cautioned listeners to be aware of the fine print and not to use the programs to play catch up. Finally, the speakers emphasized the significance of the three major holidays of Halloween, Thanksgiving, and Christmas, which make up to 40% of businesses' revenue, and the importance of strategic planning for consumers to save money by buying off-season.
Visit Carl's site at: https://CarlGould.com
Kerry Lutz and John Rubino discussed the recent highs and lows of the gold and silver market, with Rubino explaining the concept of resistance and support in trading. They speculated on whether gold will drop to $2000 and bounce back up, which would indicate a bull market. Rubino also mentioned the macro reasons for a possible recession and how it could affect the precious metals market, with Lutz suggesting that this could be a "back up the truck moment" for buying gold. They also discussed the potential impact of ETFs on the cryptocurrency market, with John suggesting that the ETFs could be a significant new source of demand that sends Bitcoin and Ethereum up dramatically.
The conversation also touched on the possibility of a false flag attack in the Middle East to justify going to war, with Rubino expressing concern that some in the US government would like a US-Israeli alliance to destroy all perceived enemies in the region. They both urged caution and verification of any information coming from the government. Additionally, they engaged in a lively discussion about the upcoming election and the various scenarios that could occur, including scandals, health emergencies, and convictions. Overall, the conversation highlighted the unpredictability and uniqueness of the current political and economic climate.
Find John here: Rubino.Substack.com
Find Kerry here: FSN
Derek Mazzarella, a CFP, discussed his core satellite approach to investing, which involves blending other asset classes around core holdings like the S&P 500 to help clients avoid emotional investing during volatile markets. He also shared his theories on why the market has rallied, including positive inflation numbers and above-average earnings, but noted potential risks ahead, such as unemployment and interest rates, which could impact the market. Mazzarella also discussed the impact of national debt and spending on taxes, highlighting the need to keep an eye on the amount of debt the country has and how it will impact spending in the future. Finally, Mazzarella discussed investment strategies for the new year amidst market uncertainty, suggesting investing in fixed investments like bonds for short-term investments and quality stocks for long-term investments, and paying attention to tax moves like tax lost harvesting and making gifts before the end of the year.
Find Derek here: JustRetireAlready
Find Kerry here: FSN
Kerry Lutz and Eddy Gifford discussed the recent GDP report and market behavior. Gifford expressed skepticism about the report and warned of warning signs in intermarket relationships and small companies struggling. He also discussed the concentration of stocks in the S&P 500 and how it could lead to trouble if those stocks have a bad day or self-correct.
Gifford advised having a disciplined strategy with predetermined reasons to get in and out of investments, holding cash, and taking profits as the market rises. He also warned of cracks under the surface of the market, including high consumer debt and government spending built on debt, and predicted a financial event in six to nine months. The conversation ended with a discussion of where to find Gifford and how to connect with him.
Find Eddy here: tactive wealth
Find Kerry here: FSN
Kerry Lutz interviews Michael Moor, a technical analyst, about his analysis of the markets based on price action. Mike shares his charts and projections for the S&P, which he sends to his clients every morning. He believes the market is still bullish and could potentially reach 46,333.50 before a correction. Mike also discusses potential exhaustion levels and areas of concern for the market, including the possibility of a rollover if the market settles below 46,333.50 for a couple of days.
Mike provides a detailed technical analysis of gold and natural gas, highlighting key levels and trends. He warns of the possibility of a bearish correction in gold and notes the low volatility in natural gas, which affects trading. Kerry asks questions and seeks clarification on certain points, including the potential bullish indicator of gold staying over $2000 for a record amount of time.
Mike and Kerry also discuss the merits of technical analysis versus fundamental analysis in predicting market moves. Mike argues that technical analysis is more effective because it reveals market trends earlier than fundamental analysis. They also engage in a lighthearted discussion about the terms "trending" and "tron" and their historical significance in the stock market and commodities exchange.
The conversation highlights the evolution of trading practices and the impact of technology on the industry. Mike provides specific trade levels and projections for various markets, including crude oil and Bitcoin, and emphasizes the importance of watching the market around key levels to determine the next significant move.
Visit Mike's site at: https://mooranalytics.com
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The consumer Confidence Index was up for consumers 5 +but down for 34-54.
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The revisions for the previous month were down not up. The downward revisions of previous months data ni other metrics such as jobs and housing and CPI and MPI se em ot be a trend in itself.
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LEI for the U.S. Declines again ni October. Contracting by 3.3 %over six months.
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Most of the major LEI contributed negatively ot the LEI in October.
A. NewOrders - 2
B . Average weekly initial claims - 18
C . Building Permits Private Housing -.14
D . Interest Rate Spread, -85%(10yr./FedFunds)
The consumer resilience that is reflected in some of the data that is meaningful doesn't line up with what I see in person with conversations while traveling to main street America.
The consumer is just starting to feel the reality as the cost of inflation and higher interest rates is hitting home. The dwindling savings of both the consumer and commercial savings accounts is seen in the data but is just starting to be felt.
The Fed can't be the buyer of last resort of al unsold treasuries very much longer. January/ February of 2024 should be interesting for all involved. Expect the consumer confidence to begin a sharp reversal beginning in late December and accelerating through the first quarter as the data lines up with the markets and reality.
Kerry Lutz interviewed Matt Putra, a fractional CFO, who provided an overview of how fractional CFOs work and the benefits of hiring them. Matt explained that fractional CFOs help companies save costs and improve their financial performance by providing a full finance team and a broader market view. He also discussed his process for financial forecasting and risk management for turnarounds and growth companies, which involves building a detailed financial forecast and working with the leadership team to create a risk register and prioritize areas to work on. Matt's company specializes in turnarounds, fundraising, and growth for e-commerce, SAS, and clean tech industries, and he advised companies to look for a fractional CFO with lived experience and successes in their industry.
Matt's linkedin https://www.linkedin.com/in/mattputra/
His company's website is https://eightx.co
In this riveting interview, Kerry Lutz sits down with Mark Shaw, a prominent JFK assassination investigator, to delve into his groundbreaking research that challenges the official narrative of the JFK assassination and sheds light on the enigmatic death of journalist Dorothy Kilgallen.
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Dorothy Kilgallen's Career and Involvement: Mark Shaw provides a comprehensive overview of Dorothy Kilgallen's illustrious career as a journalist and her significant role in investigating JFK's assassination. Kilgallen's relentless pursuit of the truth led her into a complex web of conspiracy and intrigue.
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New Revelations and Corruption within the Warren Commission: Shaw exposes startling new revelations and government corruption surrounding the Warren Commission's investigation into JFK's assassination. He uncovers how key commission members were handpicked by President Lyndon B. Johnson and FBI Director J. Edgar Hoover to support the conclusion that Lee Harvey Oswald acted alone. Dissenting opinions were systematically ignored and destroyed.
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Dorothy Kilgallen's Connection to Carlos Marcello: Shaw delves into Kilgallen's investigation into JFK's assassination and her connection to Carlos Marcello, a powerful mafia figure with a motive to eliminate JFK due to his brother Bobby Kennedy's relentless pursuit of organized crime. The interview unveils new information from Morris Wolfe, who knew Kilgallen, providing further evidence that her knowledge may have cost her life.
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Government Cover-Up and Destruction of Evidence: Shaw discusses the alarming concerns of Senator Richard Russell and Senator John Sherman Cooper, both disturbed by the cover-up and destruction of crucial evidence during the Warren Commission's investigation. The interview underscores the extent of government corruption that plagued the probe.
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Reopening the Case of Dorothy Kilgallen: In a thought-provoking conclusion, Lutz and Shaw ponder the possibility of reopening the case of Dorothy Kilgallen, believing that her untimely demise was a result of her relentless pursuit of the truth surrounding JFK's assassination. This discussion leaves viewers with haunting questions about the hidden depths of this enduring mystery.
Mark Shaw's research challenges the official narrative of JFK's assassination and brings to light a dark world of government corruption and intrigue. This interview is a must-watch for anyone interested in uncovering the truth behind one of the most significant events in American history and the mysterious death of Dorothy Kilgallen.
Visit Mark's site to find out more: Mark Shaw Books
Visit Kerry here: FSN
Paul Oster from bettercredit.com advises listeners to use prepaid gift cards to manage holiday spending and avoid credit card debt. He emphasizes the importance of having a plan and budget in place, paying off new balances within 90 days, and being disciplined to avoid financial stress. Oster also warns against cyber security threats and identity theft when shopping online, recommending the use of gift cards instead of debit cards and caution when clicking on links and ads.
Kerry Lutz questions how many people will follow this advice, but Paul stresses the need for a change in behavior due to the current economic situation. They also discuss the serious consequences of credit card debt and provide practical advice on managing debt and improving credit scores, including contacting Better Qualified for a free consultation and analysis.
- Misguided Focus on Carbon Dioxide: Goreham challenges the prevailing view of carbon dioxide as a pollutant, questioning its classification and impact on climate change.
- Net Zero by 2050 - A Flawed Goal: The conversation explores why aiming for net zero emissions by 2050 might not be the most effective approach for addressing environmental concerns.
- Electric Vehicle Market Challenges: An in-depth look at the obstacles facing the electric vehicle industry, including technological, infrastructural, and economic barriers.
- Renewable Energy Transition Complexities: Goreham and Lutz discuss the difficulties in transitioning to renewable energy sources, highlighting the limitations and realities of current technologies.
- Subsidies for Green Initiatives: Examination of the role of subsidies in promoting electric vehicles and renewable energy, and whether these incentives are truly beneficial.
- Critique of Current Environmental Policies: A critical analysis of measures like banning plastic straws and demonizing carbon dioxide, questioning their effectiveness and impact.
- Microgrids as a Potential Solution: The episode delves into how microgrids could offer a solution for stabilizing unstable grids and storing alternative energy, presenting a different angle on energy management.
- 'Green Breakdown' Book Information: Details on how to obtain Steve Goreham's book, "Green Breakdown," including purchasing options and additional resources for readers.
Closing Thoughts: Lutz and Goreham wrap up the discussion by emphasizing the need for a more nuanced and practical approach to environmental policy, urging listeners to consider the broader implications of current strategies and to explore alternative solutions.
Find Steve here: Steve Goreham
Find Kerry here: FSN
Kerry Lutz and Anthony Saccaro discussed the state of the economy, with a focus on the potential for a recession and the impact it could have on investors. They debated whether a recession is inevitable or if there could be a soft landing, and discussed the mental game of a recession and how it can become a self-fulfilling prophecy. They also discussed retirement planning and the importance of being careful in the current market, with Saccaro warning investors who are about to retire in the next three to five years to be very careful and advising people to start shoring up now to make sure that they can retire regardless of what happens in the market. Saccaro emphasized the need to invest for income in retirement, focusing on high-quality income-producing investments, such as value stocks with high dividend yields, to ensure a successful retirement.
Visit Anthony at: https://providencefinancialinc.com/team/anthony-a-saccaro/
Order his book here: https://morelifethanmoneybook.com/
Did inflation just reverse course?
The difference between disinflation and deflation.
Are stocks right to like the Fed pause?
How hard do things have to get for the Fed to start easing?
Leading economic indicators down for the 19th straight month.
Bitcoin is rocking. Will we finally get an EFT, and what will be the impact?
Argentina just elected a libertarian.
China and Saudi Arabia central banks sign local currency swap agreement
Visit John at: Rubino.Substack.com
Read John’s latest ZeroHedge article here: https://bit.ly/47GR88F
Visit Kerry at: FSN
Kerry Lutz interviews Andrew Ragusa, a real estate expert, about the current state of the real estate market. Ragusa explains that the market is still strong despite the weak economy, and that rental properties are producing more income than usual. They discuss the seasonal variations in the real estate market in different regions of the country, and the increase in cash transactions in real estate. They also touch on the topic of cheapy mortgages and how people are reluctant to let go of their houses even if they want to downsize.
Andrew shares his experience of speaking with customers who are worried about the significant increase in monthly mortgage payments, which could be double what they are currently paying. They both agree that people are moving to lower-cost states like Florida due to the high cost of living in New York. Andrew predicts that if interest rates increase, the market may tank, causing prices to lower and foreclosures to increase.
Visit John and read his work at https://Rubino.Substack.com
Seasoned Land Flipper Travis King, expert investor, unlocks the secrets of land flipping. In this eye-opening interview with Kerry Lutz, Travis dives deep into how you can start flipping land with just $5,000 and scale up to a seven-figure business. Plus, discover how to generate recurring income with land notes and find alternative funding for your land investments, as banks often won't lend for land deals. 🚀
📘 Get a sneak peek of Travis' strategies from his new book, "The Land Investors Playbook: Powerful Game Plan to Scale to 7 Figures and Beyond!", set to release in mid-November. Whether you're a seasoned investor or just getting started, this interview is packed with actionable advice to help you thrive in the world of land investing.
👉 Stay until the end for a comprehensive discussion on building a business model around land flipping and various strategies for scaling your investment portfolio. 🌟
📚 Travis King, now a renowned figure in land investing, shares his journey from being caught in the corporate grind to creating a thriving land empire and coaching others to achieve the same level of success. Having been featured on multiple acclaimed podcasts and media outlets, Travis brings a wealth of knowledge and firsthand experience to the table.
Find Travis here: Travis King
Find his Book here: The Land Investors Playbook
Find Kerry here: FSN
In this insightful interview, financial expert David Wright of Wright Financial Group and author of "Bonfires of the Sanities," delves into the latest U.S. initial jobless claims, which have slightly exceeded forecasts at 217K, compared to the predicted 215K and the previous 220K. Wright highlights the significance of these figures in the context of the current high-interest-rate economy, warning of their potential impact on overall economic conditions as unemployment is on the rise.
Further, Wright discusses the Federal Reserve's projection of the unemployment rate reaching 4.5% by the end of the year, underscoring the deviation from their target rate of 5% aimed at maintaining a 2% inflation rate. He reminds viewers of the Fed's primary objectives: ensuring steady employment and price stability, rather than supporting the stock market.
Concluding the interview, Wright provides his perspective on the stock market's future, predicting a range-bound situation marked by volatility, with significant fluctuations expected over the next 24 months. This insightful discussion offers valuable insights for those looking to understand and navigate the complexities of the current economic landscape.
Visit David here: Wright Financial Group
Buy his book here: bonefireofthesanities.com
Find Kerry here: FSN
Join us on a riveting journey with Tay Sweat, the mastermind behind the meteoric rise of 'Sweat For Life'—a venture that scaled the heights of the fitness world to an 8-figure valuation, all without the crutch of major funding. This is a tale of pure entrepreneurial spirit and tenacity. 🌟
📈 Investing Guru: With over a decade of navigating the ebbs and flows of the stock market, Tay brings a wealth of knowledge that stretches far beyond mere profits and losses. His 12+ years of experience have not only shaped him into a shrewd investor but also a visionary entrepreneur.
🌐 Community Champion: Beyond his financial feats, Tay has touched lives, coaching over 12,000 people, nurturing skills, and fostering self-reliance. His commitment to community building has spurred waves of sustainable prosperity.
Why tune into our podcast with Tay? Your appetite for innovation, investment acumen, and community development will find its match in Tay's story. He's not just an interviewee; he's a beacon for those hungry for growth. This episode isn't just a conversation; it's an investment in your aspirations.
📣 And it gets better - featuring Tay means unlocking the potential to amplify your reach, as he's ready to share this episode with his 1.1 million+ Instagram followers. This isn't just another episode; it's your gateway to unprecedented engagement and inspiration.
Sneak a peek at Tay's vibrant journey and what he's all about before the podcast goes live: [https://www.instagram.com/taysweat/]
Facebook: [https://www.facebook.com/TaySweatVeganTrainer]
Kerry Lutz and Bob Wheeler discuss the impact of childhood experiences on our beliefs about money and the importance of identifying and overcoming negative money mindsets. Bob shares his strategies for helping people explore their emotions around money, including experiential workshops and therapy work. He emphasizes the importance of making decisions based on one's own needs and goals, rather than fear of judgment or disappointment from others.
Bob also discusses the importance of forgiveness and starting small when trying to improve one's relationship with money. Finally, he talks about the role of comedy in business and how it can be used as an icebreaker and connector with clients.
Find Bob at: The Money Nerve
Find Kerry at: FSN
🔔Andrew Arons and I discuss the impact ofthe Federal Reserve Bank of New York's latest findings on household debt for Q3 2023. Let's take a deep dive into what this means for us. If you're following the economy, managing debt, or just curious about the nation's financial health, this interview is crucial viewing. 📈
📝 Report Highlights:
- Total Household Debt: Skyrocketed to a staggering $17.29 trillion
- Mortgage Debt: Climbed by $126 billion, reaching $12.14 trillion
- Credit Card Debt: Jumped $48 billion, a 4.7% quarterly increase
- Student Loan Debt: Grew by $30 billion, now at $1.6 trillion
- Auto Loan Debt: Continues its upward trend, now at $1.6 trillion
💳 Delinquency Warnings: A worrying rise in delinquency rates for most debt types, with significant upticks in credit card repayment issues, especially among 30 to 39-year-olds.
🏠 Mortgages and Housing Debt: New mortgage originations dipped to $386 billion, yet the number of foreclosures remains low post-CARES Act.
🎓 Student Loans: Despite an increase, delinquencies are low due to current reporting policies, but this is an area to watch in the coming quarters.
🚗 Auto Loans: A sector that has seen persistent growth, with delinquencies on the rise - a sign to approach new auto loans cautiously.
💡 Key Takeaways:
- Debt continues to rise across the board with varying delinquency rates.
- Real estate and consumer spending are driving forces behind the debt surge.
- Credit health is wavering, particularly among specific age groups and debt types.
📊 Detailed Breakdown: We've got all the numbers laid out in an easy-to-understand format, showcasing quarterly and annual changes across different types of debt.
🔍 What’s Next? We're tackling the implications of these numbers and what they could mean for the economy, your personal finances, and the lending landscape.
Visit Andrew at Synergy amg
Visit Kerry at FSN
Description: Join us for a critical analysis of the current economic landscape as Kerry Lutz sits down with financial expert Gordon T. Long. In this compelling interview, they delve into the intricacies of the subprime auto market, the increasing rates of repos, credit card defaults, and foreclosures, painting a stark picture of the challenges facing today's investors.
Gordon T. Long imparts his wisdom on the perils of debt in these volatile markets and forecasts a trend of sustained higher rates for the coming decade, spurred by the US's massive debt and currency debasement. The dialogue takes us back to the inflationary cycles of the past, with a focus on the 1970s crisis and its resolution through strategic liquidity management, offering a historical lens to understand current fiscal phenomena.
The interview doesn't shy away from controversial topics, discussing the Federal Reserve's internal power struggles and its proximity to Wall Street decision-making. It also touches upon the implications of modern monetary theory mechanics and the notable decrease in reverse repos, signaling a tightening financial environment.
Lutz and Long emphasize the cyclical nature of capitalism, arguing the necessity of recessions as a purification mechanism, where only the most robust businesses thrive. They conclude with strategic investment advice, urging viewers to expand their focus beyond the stock market and consider the bond and credit markets for long-term trends and opportunities.
Visit Gordon at: Matasii
Visit Kerry at: FSN
In this sponsor update, Fury Gold Mines' (🇺🇸FURY -- 🇨🇦FURY) CEO Tim Clark and Exploration SVP Bryan Atkinson, shed light on the significant mineralization uncovered at Percival Main. With intercepts 279 g/t Au over 1.5 m, 5.0m of 2.68 g/t gold and 7.5m of 2.31 g/t gold revealed in three critical drill holes, the team is poised to update the resource estimate and announce a maiden resource for Percival within the year.
Despite a current undervaluation in the stock market, Fury stands robust with $45 million in equity, positioning it as a top-tier financed junior in the mining sector.
Clark explored the potential for industry consolidation and the critical nature of capturing significant capital flows at a pivotal moment in the market's macro cycle. As he observed, institutions/majors are still very active in the sector as witnessed by Hecla Silver’s additional investment in Dolly Varden Silver’s operations. (Fury has a 22% interest DV). In addition, the continuing geopolitical issues has Clark convinced that Fury’s inherent value will be recognized by the market. We agree and continue to hold our position in the company.
Company Website: https://FuryGoldMines.com
In this insightful discussion, economic experts John Rubino and Kerry Lutz tackle the pressing issues at the intersection of global economic trends and domestic policies. They delve into the implications of the recent slowdown indicators and the possibility of the Federal Reserve pivoting towards an easing policy in light of interest rate dynamics. Amid growing concerns about household, student, and auto loan debts, they highlight the importance of strategic immigration policies to enhance the workforce with essential skills.
Rubino and Lutz navigate through the complexities of the nursing shortage and the broader need for homegrown talent in critical sectors like engineering and medicine. They argue for a selective immigration approach aimed at bolstering society's intellectual and professional infrastructure.
The conversation also touches on the peak of interest rates and its profound consequences on the economy's fragile state, burdened by massive debt. They reflect on the current predicaments in commercial real estate, mortgage applications plummeting to record lows since 1994, and rising credit card delinquencies, all framed against the backdrop of global conflicts and corporate bankruptcies like WeWork's.
In a pivot to the commodities space, Rubino and Lutz analyze the political risks impacting the gold mining industry and discuss the sector's investment potential as gold miners' valuations become increasingly attractive.
Finally, they propose an innovative solution to address labor market gaps: establishing a Handyman Academy. This concept not only aims to meet the demand for skilled labor but also considers integrating English language teaching, leveraging government subsidies, and developing a novel business model predicated on training-for-equity.
Visit John at:Rubino.Substack
Visit Kerry at: FSN
In the latest episode of our insightful podcast series, hosts James Locke and Kerry Lutz come together to unpack a range of pressing economic concerns. The dialogue offers a profound exploration of the looming recession threats, the current banking landscape, energy policy consequences, and the spiraling repercussions of student loan debt. Listeners will find strategic advice on navigating these choppy financial waters, particularly around the investment and housing sectors, and learn why an income-focused strategy could be key to weathering potential economic storms.
Show Notes: * 00:01:30 - The episode kicks off with James Locke providing an overview of the current economic indicators and what they suggest about the likelihood of a recession. * 00:05:15 - Kerry Lutz weighs in on the health of the banking sector, and together they dissect the vulnerability of regional banks and the broader implications for investors. * 00:12:45 - Locke presents a cautionary perspective on investing in regional banks, citing the fragility of the banking system as a pivotal reason. * 00:18:30 - The conversation shifts to the energy sector, with a robust discussion on the prediction of oil prices potentially reaching $100 a barrel and the role of government policy in domestic energy production. * 00:24:50 - The duo deliberates the importance of self-reliance in energy and how it impacts national economics and geopolitics. * 00:31:10 - Locke and Lutz tackle the massive issue of student loan debt, deliberating on its macroeconomic effects and the urgent need for affordable education solutions. * 00:39:40 - The dialogue turns to the real estate market, with a focus on how low rate mortgages have created a paradox, locking homeowners in place and thus shrinking the housing market. * 00:45:50 - They explore strategies for individuals to stay income-focused in their investments, emphasizing the importance of preparing for unexpected "black swan" events. * 00:52:25 - As the episode concludes, the hosts provide actionable insights and tips for listeners on safeguarding their financial futures in a volatile economy. * 00:58:00 - Locke ends the discussion with a final thought on the power of being well-informed and proactive in personal finance management.
Closing Thoughts: This episode is a must-listen for anyone interested in understanding the complexities of the current economic environment and how it could affect personal investments and the broader market. James Locke and Kerry Lutz offer an engaging and thought-provoking analysis, coupled with practical advice for staying resilient amid economic uncertainty.
Find James at PooleLocke.com
Find Kerry at FSN
In this episode of the Financial Survival Network, we're excited to host Jay Martin, the acclaimed host of the Jay Martin Show and seasoned investment conference producer. With a following of over 300,000 and 331 million views across media platforms, Jay brings a wealth of knowledge and insight into commodity investing and the current macroeconomic landscape.
Introduction to Jay Martin:
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- A brief overview of Jay's impactful career and his extensive experience in the financial sector.
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Exploring Jay's notable accomplishments, including the success of the Jay Martin Show and the VRIC conference where he hosts eminent figures. The Role of Commodities in Today's Economy:
- Jay breaks down the historical significance and current necessity of commodity investments as a hedge against inflation and economic volatility.
- An analysis of how inflationary pressures and supply chain disruptions are making commodities a timely topic.
- [00:10:20] - Behind the Scenes of Jay’s Commodity Crash Course:
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Jay gives us a sneak peek into his upcoming commodity crash course, aimed at equipping individuals with critical market insights.
- How Jay's first-hand experiences and learning from top financial experts have shaped the course content.
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Personal Anecdotes of Success and Failure:
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Jay shares personal stories from his journey in financial markets, offering listeners a candid look at the triumphs and tribulations that have informed his approach to investing.
- Valuable lessons learned from a career of hiring and firing, as detailed in one of Jay's recent newsletters.
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Achieving Financial Sovereignty:
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A deep dive into actionable strategies for listeners to achieve financial independence and resilience.
- Jay’s perspective on the importance of managing one's mind and decisions to optimize financial outcomes.
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Q&A with Jay Martin:
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Fielding listener questions on investment tactics, navigating the macroeconomic climate, and Jay’s forecasts for the markets.
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Final Thoughts and Takeaways:
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Jay's concluding advice on commodity investment and navigating the current economic landscape.
- Directions on accessing Jay's resources for further learning and empowerment in commodity trading.
Visit Jay at https://TheCommodityUniversity.com
In this eye-opening episode, we sit down with financial experts Ed Siddell and Kerry Lutz, joined by strategic financial planner Ed Siddell. Together, they delve into the pressing economic issues facing the nation today, such as the burgeoning national debt, consumer indebtedness, and the specter of inflation. The trio discusses the urgent need for decisive leadership in Washington, the strategic importance of domestic energy development, and the profound economic impacts of global conflicts. Despite the challenges ahead, our guests share a message of hope, emphasizing the potential for positive change if actions are taken promptly.
Find Ed at: egsifinancial
Find Kerry at: FSN
Kerry Lutz and Robert Siciliano discussed the importance of password security and two-factor authentication in protecting personal and financial information from hackers. They highlighted the common mistakes people make, such as using the same password across multiple accounts and not using two-factor authentication for critical accounts. They also provided examples of the risks of not taking these measures, such as the possibility of hackers impersonating clients and stealing sensitive information, and emphasized the need for professionals to take extra precautions to protect their clients' information.
The speakers also discussed the growing threat of SIM swapping and how it can lead to the theft of cryptocurrency. They shared real-life examples of people who have lost thousands of dollars due to this type of fraud and emphasized the need for increased awareness and security measures. They discussed the importance of securing phone and email accounts to prevent SIM swapping and other types of fraud, and highlighted the need for stronger regulations and accountability for phone companies and other service providers.
Robert Siciliano also provided insights into the security measures taken by telcos to prevent SIM swapping fraud and discussed the vulnerabilities of two-factor authentication. He recommended using an authenticator app or Google Voice as a more secure second factor and cautioned account holders to be aware of the risks associated with using mobile phone numbers. He also showed Kerry Lutz a cybersecurity awareness check tool on his website that can help users check if their email has been breached.
Find Robert at: Protect Now LLC
Find Kerry at: FSN
- State of the Economy
- Insights on the U.S. and global economic climate.
- Predictions about the upcoming financial recession and its potential impacts.
- Money Mistakes & Investment Strategies
- Common financial errors people make during uncertain times.
- Navigating economic downturns by embracing fear.
- Elliot’s top recession-proof investment ideas.
- Psychology in Finance
- Understanding irrational investment decisions.
- Combatting biases to build a resilient portfolio that can endure market ups and downs.
- The Future of Wealth Management
- Changes based on generational shifts and evolving needs.
- The role and impact of AI in the wealth management sector.
- Building Trust in Finance
- Addressing trust issues with financial planners.
- Elliot's approach to ensuring clients feel secure and confident.
Visit Elliot at: Prosperity Financial Group
Visit Kerry at: FSN
Kerry Lutz interviewed Chris Prefontaine, the Smart Real Estate Coach, about his company's success in a rising interest rate environment. Prefontaine explained how his company buys properties subject to existing loans and creates three paydays from each deal, making it a lucrative opportunity for investors. He also discussed how this strategy is particularly effective in a market where interest rates are rising, as it allows his company to take advantage of sellers who are struggling to sell their homes. Additionally, they discussed the legal considerations involved in subject too and lease purchase deals and provided resources for those interested in learning more about creative real estate deals.
Visit Chris at: https://wickedsmartbooks.com/kerry1
Also get his free class at: https://smartrealestatecoach.com/mastersclass
Kerry Lutz sits down with Samuel David, the driving force behind Prospera Energy's (🇺🇸GXRFF -- 🇨🇦PEI) recent success of their drilling program. They dive into the company's latest achievements, future plans, and their unwavering commitment to reducing their environmental footprint.
✅ Successful Drilling Program: Prospera Energy has seen immense success with their recent drill program, boasting a 5 out of 5 success rate on their horizontal wells.
✅ Impressive Production: Not only have all wells been successful, but the production levels have surpassed expectations, promising higher profits for the company.
✅ Delicate Drilling: Samuel sheds light on the intricacies of drilling in their specific reservoir, emphasizing the importance of minimizing high drawdown.
✅ Future Endeavors: Prospera Energy is geared up for more. Plans are in place to continue drilling and also convert certain wells to injectors, ensuring a steady flow of production.
✅ Operational Success: Their advanced operation and building techniques have been validated by the reserve life index of the reservoirs.
✅ Financial Uplift: Prospera Energy is on a roll, running above their set budget. Plus, they've achieved a significant reduction in operational costs, slashing them from $60 to a mere $33 per barrel.
✅ Eco-friendly Steps: The company isn't just about profits. They have outlined plans to retire 36 vertical locations and are gearing up for a reclamation program next summer, all in a bid to reduce their environmental impact. (Disclosure we hold shares in this company, which is not a sponsor to the channel)
Visit Prospera's site at: https://ProsperaEnergy.com
Introduction:
- Returning Guest: Adam Coffey, a familiar voice to the Financial Survival Network and a beacon of entrepreneurial success.
- Exciting News: Adam unveils his new book, Empire Builder: The Road to a Billion.
Main Discussion Points:
- The Entrepreneurial Dream: From starting a business to imagining the zenith of a billion-dollar exit.
- Roadblocks to Success: Addressing the very tangible challenges business owners face when trying to scale and maintain profitability.
- Adam's personal journey:
- How he dreamt beyond the obvious hurdles.
- Navigating the trials and errors on his path to creating a billion-dollar empire.
- Lessons from "Empire Builder": Key takeaways for aspiring entrepreneurs and seasoned business veterans alike.
- Adam’s insights on resilience, strategy, and the art of business growth.
Why Read "Empire Builder":
- Deciphering the secrets behind monumental success in business.
- Exploring strategies, mindset shifts, and actionable tools that propel businesses to unparalleled heights.
Closing Thoughts:
- The importance of vision, ambition, and adaptability in the world of business.
- Inviting listeners to engage with Adam's new book and assimilate its insights.
Connect with Us:
- For more conversations with pioneering business minds and insights into the world of finance and growth, tune into the Financial Survival Network.
- If Adam's journey resonates with you, don’t forget to check out Empire Builder: The Road to a Billion. Click here Empire Builder
Visit Adam at AdamCoffey
Visit Kerry at FSN
Martin Turenne, CEO of FPX Nickel (🇺🇸FPOCF -- 🇨🇦FPX) provided us with a sponsor update. He shared details about the just filed Baptiste project’s preliminary feasibility study (PFS), which revealed an impressive 18%+ IRR and an NPV exceeding $2 billion US. These findings position Baptiste as a significant future nickel supplier that will “appeal to the world's leading mining companies.”
Turenne also touched upon the collaboration between automotive giant Toyota and electronics leader Panasonic. Together, they've formed Prime Planet Energy and Solutions, which is set to become a major electric vehicle battery producer. He emphasized the growing demand for nickel, and the need for a secure supply chain. Nickel is a vital element in the manufacture of EV batteries.
Lastly, the CEO provided insights into the potential of the Van mineral deposit. He also highlighted FPX Nickel's commitment to establishing and maintaining a respectful relationship with the First Nations tribes. He Recognizes their concerns about mineral exploration and mining development in their territories, Turenne underscored the company's unshakable commitment to responsible and sustainable mining practices.
Visit the company’s website for the latest updates: https://FPXNickel.com
Introduction:
- Special Guest: Craig Cecilio, the dynamic Founder and CEO of DiversyFund.
- Vision: Crafting a world where the American Dream isn't a privilege but a right for all.
Key Takeaways:
- DiversyFund’s Mission: Ensuring equal opportunities for everyone to build wealth, regardless of socioeconomic backgrounds.
- Craig Cecilio’s rich experience spanning over 25 years:
- Proficiency in capital raising and deal structuring.
- Successfully conducted over 1,000 transactions across varied verticals: residential, multifamily, and commercial asset classes.
- The Power of Distressed Multifamily Assets:
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Kerry Lutz and John Rubino discussed the current state of the economy, including the recent drop in interest rates and the concerning trend of rising deficits and lack of fiscal control in the government. They explored potential solutions, including a gold standard or austerity measures, but concluded that there may be no easy way out of the current situation and that a financial crisis may be necessary to impose austerity and bring the country back to living within its means. The speakers also discussed the risks associated with stock buybacks and how companies manipulate their financial statements to inflate profits and hide losses. They urged listeners to visit their respective websites for more information and to send in questions for future meetings.
- Hedge fund guy Bill Ackman sold his T-bond shorts, called the interest rate top and rates fell hard.
- Wall Street landlords are in a bind, with interest rates up and house prices falling. Brutal 2024 coming?
- This year's budget deficit with be the third highest ever. Why?
- Stock buyback blackout is ending and analysts predict massive buying. What big company in its right mind would buy back its stock now?
- UAW strike is spreading. Is labor unrest the new normal?
- Biden really wants a shot at Iran here. Very dangerous week.
Visit John at https://Rubino.Substack.com
Kerry Lutz and Dudley Baker discussed the current state of the mining sector, which has been struggling despite higher gold prices. They emphasized the importance of patience and owning quality stocks, as well as the potential for gains in smaller speculative plays. They also discussed the various ways to invest in gold, including playing the futures market and buying mining stocks, with Baker suggesting a more conservative approach with a basket of quality mining stocks. The discussion also touched on the advantages of investing in stock warrants over options, with Baker explaining that stock warrants with a long life of two to five years are preferable.
The speakers predicted a significant turn coming soon in the precious metal sector and emphasized the need for patience and research to find the best investment opportunities, particularly in smaller companies with long-term potential. They also mentioned their own service, Common Stock Warrants, which tracks new warrants coming into the junior mining space and offers subscribers the opportunity to get in early on potential big up moves. The discussion highlighted the potential benefits of stock warrants and how they can be used to make a profit. Overall, the speakers agreed that investing in gold and mining stocks can be a rewarding but risky endeavor, and investors should carefully consider their risk tolerance and investment goals.
Visit Dudley's site at: https://commonstockwarrants.com
Kerry Lutz and Michael Frew discussed the tax advantages of owning a software business, including research and development tax credits and asset depreciation. They also talked about advanced tax planning strategies, such as spinning off intellectual property into a trust to receive royalties and qualify for passive income. Additionally, they explored the potential of newsletters to increase cash flow and sponsorship deals, discussing various options for newsletters and the value of a targeted audience. The conversation ended with a discussion of areas of opportunity in the software business that the market has yet to fully realize.
Find Michael here: Michael Frew
Find Kerry here: FSN
We sat down with Torq Resources’ CEO Shawn Wallace and Chief Geological Office Michael Henrichsen (🇨🇦 TORQ: 🇺🇸 TRBMF). Results were just announced from Torq’s phase III drill program at the Margarita iron-oxide-copper-gold project. With 14 holes spanning 3,862 m, the program has expanded the Falla 13 discovery and uncovered yet more mineralized zones within Margarita. They intersected 42 m of 1.1 g/t Gold and 0.48% Copper Near Falla 13 and 132 m of 0.48% Copper at Cototuda. Broad copper oxide zones were also found at the previously drilled Margarita corridor. No doubt more good news is on the way, with results from seven more holes expected shortly.
Shawn expressed excitement over the project's potential given its strategic location near Copiapo's city, with high-grade infrastructure, and favorable conditions for year-round drilling. He remarked on the considerable value these discoveries added to Torq's Margarita project, with 2024 set to be an important year.
Michael emphasized the significance of the new findings. He highlighted the discovery of a parallel structure to the Falla 13 zone, and the promise shown by the Cototuda target. He stated that the Margarita's potential is a continuing story and hopes that it will become another shining star within Coastal Cordillera belt, which is already home to several large producers. Plans are underway to study the characteristics of both discoveries, and to explore the newly discovered zones near Falla 13 and the Cototuda corridor, alongside numerous other unexplored targets.
Very exciting times for the Torq team.
Visit the company’s website at https://torqresources.com/
Kerry Lutz and Martin Armstrong discussed various topics related to global politics, economics, and technology. They talked about the inefficiency of communism and the trend of militarizing and weaponizing worldwide. They also analyzed the cyclical nature of the economy, the strength of the dollar, and the potential for China to become the financial capital of the world.
Martin and Kerry warned about the dangers of government overreach, particularly in the realm of social media and information control, and emphasized the need for term limits in government and the protection of individual freedoms. Finally, they discussed the impact of AI and Elon Musk on society and the economy, including the potential for job displacement and the importance of curiosity in discovering new things.
Find Martin at:Armstrong Economics
Find Kerry at: FSN
Download Jim's charts here: https://bit.ly/48UDlNg
Jim Welsh from Macro Tides discussed the correlation between bond prices and the stock market, and how the negative correlation window is ending. He suggested that the formula of a 60/40 allocation to stocks and bonds is going to be problematic if we've entered a window of a secular bear market in bonds. Welsh also discussed the impact of rising inflation on consumers and the economy, and how the excess savings accumulated during the pandemic will be gone for most consumers by the end of September, which will lead to a slowdown in the economy. Additionally, Welsh predicted a pullback in the dollar, a weaker euro, and a rally in gold.
He believes that Treasury yields will come down over the next six months as the economy slows down due to demographic problems, low birth rates, and enormous debt needs. The S&P 500 may have one more rally before a difficult year in 2020. Welsh suggested that a buy and hold strategy using 60/40 will not be successful over the next ten to fifteen years as we deal with these big problems.
Download Jim's charts here: https://bit.ly/48UDlNg
Visit Jim's site at: https://MacroTides.com
The meeting was an interview between Kerry Lutz and Eric Jackson about the early days of PayPal and its founding team, including Elon Musk, Peter Thiel, and Max Levchin. Jackson reflects on the historical significance of the company and the strong personalities that sometimes clashed but ultimately worked together. They discussed the challenges PayPal faced, including fraud and regulatory issues, and how it overcame them to become a success.
The conversation also touched on the cultural differences between PayPal and eBay, and how they affected the companies' respective trajectories. Jackson also discussed the formation of the PayPal Mafia, a group of successful entrepreneurs who worked together at PayPal, and attributed their success to a culture of innovation, risk-taking, and accountability. The interview provides insight into the early days of PayPal and the individuals who helped shape its success.
Buy the book here:The PayPal Wars
Find Kerry here: FSN
Kerry Lutz interviews Mark Raffan, the Negotiations Ninja, on the art of negotiation. They discuss the importance of preparation and strategy in negotiations, caution against making it your job to ensure the counterparty gets a win, and emphasize the importance of knowing what you want and breaking it down into negotiable items. Mark shares a real-life example of a negotiation that bombed due to getting stuck in the weeds and discusses the importance of understanding the total value of a deal over the lifetime of that deal. They also advise being direct in negotiations and visualizing the completed deal to have a clear vision of success.
Find Mark here: negotiations.ninja
Find Kerry here: FSN
Kerry Lutz interviews Kyle, the top realtor in the US in 2019, about the current state of the real estate market. Kyle explains that the market is currently in a stalemate, with demand tempering off, but prices and buyer demand not plummeting as expected. Rates are a big factor in the market, and if they were to be cut, there would be a massive influx of buyers.
Kyle also advises buyers and sellers not to let interest rates become the be all and end all, as refinancing is always an option. They also discuss various trends and strategies in the real estate market, including the decline of commercial real estate and the potential for repurposing buildings, as well as the housing shortage in the Northeast. Kyle advises real estate investors to be long-term players and to factor in a contingency plan when looking at deals.
Find Kyle here: Seyboth Team Homes
Find Kerry here: FSN
Kerry Lutz and Brad Williams discussed the recent CPI numbers and the impact of inflation on investments and retirement planning. Brad recommended that retirees should consider alternative sources of investment that perform well during high inflation and allocate a portion of their assets to precious metals. They also emphasized the importance of de-risking and shifting towards income-oriented investments as retirement approaches.
Brad advised that retirees should work with an advisor who understands the income phase of their life and consider guaranteed sources of income such as certain annuities. Additionally, they briefly touched on the geopolitical situation and its potential impact on interest rates.
Find Brad at: Ask Brad Williams
Find Kerry at: FSN
Kerry Lutz and David Stryzewski discussed various economic and political issues. They talked about the latest Cpi number and inflation, with David explaining that the Cpi is not reflective of the average individual's purchasing power and that the government's printing and spending is causing inflation. They also discussed the complex economic and political landscape, including the potential for a government shutdown, impeachment proceedings against President Biden, and the Fed's upcoming meeting.
Additionally, they talked about the impact of rising interest rates on the real estate market and the banking industry, as well as the need for better approaches to address mental health and addiction issues. Finally, they discussed upcoming events that could have a significant impact on the economy and society, including the potential government shutdown and the threat of a national credit downgrade.
Find David at: myspg.com
Find Kerry at: FSN
Catherine B. Roy, a LinkedIn expert, shared her insights on how to use the platform to triple your business overnight. She discussed her success using LinkedIn during the pandemic and provided tips on how to position oneself as an industry leader on the platform. Catherine emphasized the importance of creating valuable content and using keywords and hashtags to increase visibility. She also highlighted the potential of LinkedIn and encouraged early adoption to reap the benefits of the platform.
Visit her at: https://CatherineBRoy.com
Amid recent the recent stock decline, we had a sit-down with Arthur Halleran, CEO of sponsor Trillion Energy (TCF 🇨🇦: TRLED 🇺🇸) to gain insight into the situation. Here’s what we learned.
Natural Gas Production: Trillion’s natural gas output was below expectations due to technical glitches, including oversized gas lines and water intrusion into wells.
Solutions in Play: To address the issues, Trillion sought expertise from a top-tier consultant for a comprehensive review of the SASB field. Their swift recommendations include perforating the waterlogged wells to up the pressure and remove water. This economical solution provides Trillion a cushion to add pumps to each well and modify the line size.
Market Dynamics: The ongoing geopolitical events have been pushing gas prices upwards, a trend that Halleran expects to persist.
Company’s Viability: Addressing concerns, Halleran reassured that Trillion is not only profitable but is also targeting a daily production surge to 7.5 mcf by year-end. Furthermore, the company is set to drill 5 sidetrack wells in 2024, hinting at a significant production expansion.
Oil Venture: Trillion has initiated a seismic study of its new Cudi-Gabar oil farm-in. Nearby fields boast production rates of 10,000 and 100,000 bpd. With a neighboring well just a kilometer away, Halleran sees an opportunity for a free firsthand look into Trillion’s own field dynamics.
Trillion’s challenges will soon be in the past. With strategies in place to optimize gas production and the advent of the sidetrack wells, the company's cash flow is poised to see a substantial rise. Cudi-Gabar has the potential to be a monster field. The company is effectively trading at its 2021 price, when we first purchased shares, except it now has production and greater prospectivity, which is why we're giving serious thought to increasing our position.
Visit Trillion’s Website: https://TrillionEnergy.com
Kerry Lutz interviewed Tony Saliba about Liquid Mercury, a derivatives software platform that focuses on security, safety, and speed and handles multiple asset classes, primarily digital assets. Saliba discussed the platform's ability to deliver a number of legs in a spread and the Merk token, which has two main value propositions for institutional clients and a rewards program for personal use. He advised traders to take a class and get familiar with crypto and to look at second-tier tokens that have been on their butt since the F Tx admission. Saliba also expressed his enthusiasm for options on crypto and the upcoming zero days to exploration for equities.
Visit Tony at: http://LiquidMercury.com
Kerry Lutz and Eddy Gifford discussed the recent PPI numbers and its impact on the market, with Eddy explaining that companies will pass on the increased costs to consumers who are already struggling with inflation. They also discussed the Fed's interest rate policy and the yield curve, and how it affects the market. Eddy advised investors to maintain flexibility and have a disciplined strategy that is rules-based, and to lean in when the trend is in their favor and cut their losses or implement stops and targets.
They also delved into the complexities of the current global instability and its potential impact on the economy, expressing concern about the state of the world and the potential consequences for the economy and people's lives. Gifford emphasized the importance of refining and improving investment strategies and maintaining discipline, even in moments of pessimism, and highlighted the need for investors to have a plan that takes advantage of emotions in the market and to be prepared for market downturns.
Visit Eddy at: https://tactivewealth.com
W. Craig "Bill" Reed, a bestselling author and executive consultant, shared his insights on the power of storytelling in corporate settings. He emphasized the importance of engaging the emotional and instinctual parts of the brain, using simplicity, structure, and emotional connection in storytelling. Reed also discussed how to apply these principles to presentations to large audiences or business-to-business accounts, and offered practical tips for crafting effective stories that resonate with customers.
Additionally, he shared how Remotely Me helped Better Homes and Gardens Real Estate improve their sales and recruitment process using neuroscience, resulting in a reduction in onboarding costs, increased productivity, and less turnover. Overall, Reed's expertise provides valuable guidance for anyone looking to improve their communication skills in a corporate setting.
Visit Bill at: WCraigReed.com
- Israel adds to the sense that we're back in the 1970s. Will the US and Iran get involved?
- The defense contractor stocks are up, of course.
- Oil had given up $8/bbl of its big run, but this morning it took half of that back.
- The yield curve is flattening. What does that mean?
- The UAW strike is widening and Keiser Permenante had a temporary strike that might resume if no deal is signed this week.
- The weight loss pill story ...
- Twitter is absolutely the only way to keep up with fast moving events like a war.
- Biden is building Trump's wall as New Yorkers chant "Close the border!"
- Chaos in the Republican party, or politics the way it should work?
- Visit John at https://Rubino.Substack.com
Kerry Lutz and John Rubino discussed various topics, including the potential for a global conflict due to the recent Middle East war and its impact on the global economy. They also warned of an impending financial crisis due to rising inflation, spiking oil prices, and geopolitical chaos. The conversation highlighted the need to consider the long-term consequences of relying on quick fixes and the importance of seeking out reliable sources of information in a world where disinformation is rampant.
The discussion also touched on the potential dangers of allowing illegal immigrants into the country, including the possibility of sleeper cells and the economic impact of illegal immigration. They also talked about the changing landscape of news reporting, with Twitter and citizen journalism replacing legacy media outlets. The section emphasized the need to check sources to avoid disinformation and the importance of considering the psychopathic nature of those who view war as a good deal. Overall, the meeting highlighted the potential dangers of geopolitical tensions and the importance of being informed and prepared for potential crises.
Kerry Lutz and Eddie Siddell discussed the US job report, inflation, and market volatility. Eddie expressed skepticism about the job report, citing that the majority of the jobs added were government and low-paying hospitality jobs. He believes that the economy is not out of the woods yet due to non-recourse commercial loans and overspending, which could lead to inflation.
Both Kerry and Eddie predict volatility in the market due to political uncertainty and advise investors to be prudent and assess their financial situation. They both agree that the key to financial survival is to be prepared and protect one's assets.
Find Eddie here: EGSI Financial.
Find Kerry here: FSN
Kerry Lutz interviewed Tom Reber, founder of The Contractor Fight, about his experience in the home improvement contracting sector and how he helps struggling businesses turn their operations around. Reber emphasized the importance of a mindset shift for contractors to focus on marketing and sales, and the significance of small daily disciplines in achieving success. They also discussed the challenges of understanding financials and setting prices, the need for effective marketing and branding efforts, and the importance of daily sales efforts to maintain a steady stream of revenue. Additionally, they talked about the challenges of entrepreneurship, including the emotional toll it can take, and provided three actionable tips for boosting business and income: taking care of oneself, committing to building one's brand, and learning how to communicate effectively.
Find Tom at: https://thecontractorfight.com/
Visit Kerry at: https://FinancialSurvivalNetwork.com
Kerry Lutz and Lobo Tiggre discussed the state of the bond market and the potential consequences of the Fed's inability to cut rates. They also talked about the impact of low interest rates on businesses and households, and the potential for a market meltdown if the support from the Fed goes away. The discussion then shifted to the gold dollar exchange ratio and how it is determined by futures traders.
They advised having some gold and silver as a hedge against a hard landing that they believe is coming. They also discussed the potential risks and unintended consequences of the great reset and the importance of having a replacement system in place before imploding the current one. Finally, Lobo Tiggre promoted his website, independent speculator dot com, and offered a free weekly digest for those interested in his perspective.
Visit Lobo at: https://independentspeculator.com/
Visit Kerry at: https://FinancialSurvivalNetwork.com
Kerry Lutz interviews Culby Culbertson, a financier in the real estate investment space, about the current state of the market and the challenges of raising capital in a banking crisis. They discuss the impact of rising interest rates on underwriting and values, the potential for defaults, and the need for strategic planning and additional capital to avoid default. They also explore the increasing lending standards and the need for developers to have more cash investment in their projects, as well as the potential for non-traditional lenders like family offices to fill the gap left by the banking sector. Additionally, they discuss the future of interest rates and the role of politics in determining them, the rise of owner user assets, the challenges of converting office buildings to other uses, and the increase in green energy projects.
Culby's LinkedIn Page: https://bit.ly/culby-culbertson
Find FSN at https://FinancialSurvivalNetwork.com
Michael Pento discussed the current state of the bond market and warned of the potential collapse of the US dollar due to the erosion of faith in the world's reserve currency. He advised investors to sell long duration bond exposure and invest in short term US government debt. Pento also discussed the inflation and GDP acceleration, as well as China and Japan's selling of US treasuries. He warned of the massive issuance and supply of US debt and questioned who will buy it, as the Federal Reserve is no longer buying and is instead selling their balance sheet, adding to the supply from China and Japan.
Pento also warned of the impending refinancing wall in the corporate bond market and its potential impact on financial entities that own commercial mortgage-backed securities, mortgage-backed securities, and corporate debt. He argued that the real estate market is suffering due to the inability of consumers to afford higher mortgage rates, and that the economy is facing challenges due to high levels of credit card debt and delinquencies. Pento emphasized the importance of active money management in a volatile market and discussed his investment strategy, which includes short-term treasuries, hedges, and physical gold. He also warned of the dangers of excessive debt and the destruction of currency, and the impact it could have on the middle and lower classes.
Visit Michael's site before it's too late: https://PentoPort.com
Visit Kerry at: https://FinancialSurvivalNetwork.com
Kerry Lutz interviewed Tony Pawlak, a successful trader who shared his insights on trading. Pawlak emphasized the importance of joining the winning team to compete against AI and institutional traders, using price action to make trading decisions, and controlling risk by making small losses while riding out big gains. He also discussed his trading philosophy and his biggest success of tripling his trading account within the first five months of last year.
The conversation then delved into the nuances of options trading, with Pawlak recommending buying options closer in strike and selling options for a more consistent income. He also offered a step-by-step process for getting started in trading for free on real life Trading Com, while cautioning against the risks of buying options too far out of the money and the importance of reading price action to make informed decisions.
Visit Tony's site: https://www.reallifetrading.com/tonypawlak
Visit FSN at: https://FinancialSurvivalNetwork.com
Buy the book at https://www.amazon.com/Repo-Madness-Simpletons-Streets-Wicked-ebook/dp/B0C2SRMXZP
Mary Ellen's LinkedIn: https://www.linkedin.com/in/authormetuthill
Interesting site for you repo watchers: https://repowatch.org
Visit FSN at: https://FinancialSurvivalNetwork.com
Kerry Lutz and Anthony Saccaro discussed the current state of the economy, predicting a possible recession in 2024 and suggesting that investors focus on dividend-paying stocks to protect their portfolios. They emphasized the importance of diversification, dollar-cost averaging, and reinvesting dividends during market downturns to take advantage of lower prices. Saccaro recommended a 60/40 plan with a focus on fixed income investments and warned against chasing high yields without considering the underlying fundamentals of a company.
He also suggested leaving some cash aside for short-term needs and diversifying investments for the short, mid, and long-term. Additionally, Saccaro offered a free book on retirement mistakes for interested viewers.
Visit Anthony's site and get a free copy of his latest book:https://providencefinancialinc.com/
Visit Kerry at:@https://FinancialSurvivalNetwork.com
We sat down with Regenx Tech’s (RGX 🇨🇦: RGXTF 🇺🇸) CEO Greg Pendura and USA Division President Rick Purdy for a sponsor update. The team has been busy getting its first plant module up and running. As with any new technology, there have been challenges, but the company has finished the plant commission process and is now ramping up production. Their goal is to process 2.5 tons daily of diesel catalytic converters (per module) and recover the platinum and palladium contained therein; it is now within reach.
Purdy is extremely pleased with their efforts to date. The plant has been streamlined and the recovery process upgraded, which necessitated installation of a larger gas line. Now the ramp-up begins.
Pendura commented, “It’s coming together and we’re very excited about what we’ve got.” He recently presented RGX’s technology to the Precious Metals Institute’s Scottsdale Conference, which resulted in an NDA from a large industry player, who will soon visit the company’s Tennessee facility. It was also discovered that large smelters have been stockpiling currently unrecyclable diesel converters, while urgently seeking a way to economically reprocess them. This could be another major source of feedstock material for Regenx.
As the company moves from proof of concept to full-scale industrial production, the market will soon wake up to Regenx’s potential and inherent value, which is why we continue to hold RGX shares.
Company website: https://Regenx.Tech
Kerry Lutz and James Locke discussed the current state of the market and the potential impact of rising interest rates, inflation, and other economic factors on investment strategies. They suggested that dividend-paying stocks and real estate may be good options for investors looking for a defensive posture. They also emphasized the importance of diversification and risk management in investment portfolios.
Additionally, they discussed the impact of low mortgages on reducing inventory and increasing inflation, as well as the possibility of a government shutdown and the need for better fiscal conservatism to curb inflation. Finally, they predicted that rates will not be cut further at the Fed's upcoming meeting, leading to a lower S&P 500 index.
Visit James at PooleLocke.com
Visit Kerry at FSN
Kerry Lutz and David Wright discussed the recent decision by the Fed to not raise interest rates and its potential impact on the economy. They talked about concerns regarding the banking and financial sector, inflation, and the impact of rising gas prices. Wright suggested that shrinking the balance sheet is the best way to regulate inflation, rather than raising rates, and predicted that rate decreases could occur in September 2024.
They also discussed the impact of the UAW strike and the potential for increased unemployment and demand destruction. Additionally, they discussed tips for investing and saving in uncertain times, with Wright advising investors to focus on the purpose of their money and suggesting short-duration securities, treasuries, and bond-like instruments for income and stability. He also cautioned against chasing high dividends and warned that rate hikes can cut profits.
Visit David at: https://WrightFinancialGroup.com
Visit FSN at: https://FinancialSurvivalNetwork.com
- Fed promises "higher for longer".
- 10-year Treasury broke 4.5% this morning.
- Oil heading towards $100
- Credit card losses are spiking and "excess savings" are now negative.
- Does all this guarantee a recession and equities bear market in 2024?
- Texas is adding buses to take illegal migrants to NYC and Chicago. We could talk about the press conference AOC tried to hold in Manhattan...
- UK just passed an "online safety" law that effectively criminalizes dissent. Template for what's coming here?
- Kennedy assassination attempt? (dare we say?)
- WaPo poll gave Trump a 10% lead over Biden. The paper then disavowed its own poll.
In this meeting, Kerry Lutz and John Rubino discuss a range of topics related to the economy, including the Fed's hawkish pause and its potential consequences, China's economic implosion and its impact on the global economy, the impact of green technology and automation on the economy, the military's purpose and culture, the Kennedy assassinations, and the potential consequences of flawed polling and voter fraud in the upcoming election. They highlight the precarious state of the economy and the potential risks that lie ahead, including a housing market crash, rising interest rates, and the impact of rising oil prices on the economy. They also discuss the limitations of electric cars and offshore wind, and how automation may lead to job loss and a shrinking social safety net.
Furthermore, they delve into the challenges the military faces in recruiting individuals from different backgrounds and the importance of having a reserve army of unemployed people. They express skepticism about the official explanations for the deaths of JFK and RFK and suggest that the CIA was involved in both cases. Finally, they discuss the potential consequences of flawed polling and voter fraud in the upcoming election, highlighting the need for fair and accurate election practices. Overall, the discussion highlights the need for caution and careful consideration of the potential risks and challenges facing the economy and society as a whole.
Visit John at: https://Rubino.Substack.com
Visit Kerry at: https://FinancialSurvivalNetwork.com
Kerry Lutz and Eddie Yoon discussed various economic issues, including the student loan debt bubble and its impact on the economy, the potential long-term consequences of consumer debt, and the challenges facing the retail industry. They proposed solutions such as capping tuition, tying loan forgiveness to universities, and incentivizing universities to improve student outcomes and productivity. They also suggested that retailers should adapt to changing consumer preferences by following a Costco model and charging customers up front for a better experience. Overall, they emphasized the need for businesses and institutions to adapt to changing times and consumer preferences in order to survive and thrive.
Visit Eddie at: http://eddiewouldgrow.com
Visit Us at: http://FinancialSurvivalNetwork.com
Matthew Johnson and Kerry Lutz discussed the uncertainty surrounding the Federal Reserve's decision to cut interest rates and its impact on the economy. They believe that low interest rates stimulate growth and that corporations are sitting on the sidelines due to high interest rates. They also discussed the possibility of a recession and the Federal Reserve's reluctance to cut rates too early, as well as the telltale signals that indicate a recession is coming.
The group also discussed the challenges of understanding the financial statements of large banks and the need for due diligence in choosing a bank. They emphasized the importance of diversification to manage risk and the potential for government guarantees and printing money to prevent a banking sector collapse.
Visit Matthew at: https://johnsonwim.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Kerry Lutz and Chris Markowski discussed various topics related to financial planning, health, and inflation. They highlighted the impact of inflation on everyday Americans, including rising costs of groceries, gasoline, and electricity, and stressed the need for free market solutions. They also discussed the importance of managing finances realistically, cutting expenses, and avoiding debt traps.
Additionally, they emphasized the need for good health and investing in oneself to increase income. They concluded by discussing the need for a life-long commitment to health and financial well-being, and the importance of taking the first step towards achieving these goals.
Visit Chris at watchdogonwallstreet
Visit Kerry at FSN
Kerry Lutz interviewed Zev Freidus, a former product marketing manager who transitioned into real estate and used technology to build a successful business. Freidus shared how he quit his day job to focus on real estate and used his background in technology to generate leads through a website and search engine optimization. They discussed the importance of using technology to reach a wider audience and revolutionize the real estate industry. They also discussed the differences in work ethic between New York and Florida, the current state of competition in the real estate industry, and the complexities of lead generation and monetization in the real estate industry.
Furthermore, Kerry and Zev delved into the complexities of the Florida real estate market, discussing the impact of high interest rates, low inventory, and the homestead laws. They also touched on the issue of insurance and the impact of taxes on people's decisions to move to Florida. Despite the challenges, they believe that Florida real estate is still more affordable than other major cities in the US, and that the lack of income tax is a major draw for many people. They also discussed the future of Florida's real estate market, with Kerry expressing concern about the potential limits to growth and Zev offering a more optimistic outlook.
Visit Zev at zfc.com
Visit Kerry at FSN
Kerry and Carl analyzed the current state of the auto industry, discussing the impact of the pandemic and supply chain challenges on profits, recent union strikes, and the need for a balance between worker demands and the long-term strategy of the company. They also discussed the future of the industry, highlighting the inevitability of EVs and autonomous driving, Tesla's dominance in software and technology, and the need for legacy car companies to adapt to the changing industry. Additionally, they discussed the adversarial relationship between the Big Three and their labor union, suggesting that both sides need to work together for the survival of the company, not just their own interests.
Visit Carl's Site at: https://7StageAdvisors.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Kerry Lutz and RJ Burr discussed the importance of oil in modern society and its impact on commodity prices. Burr argued that there is no feasible replacement for oil yet and that energy is the bedrock of all society. They also discussed the impact of Trump's policies and COVID-19 on the oil industry, with Burr explaining how COVID-19 created acquisition opportunities for oil companies. The speakers emphasized the potential for long-term revenue and tax benefits of investing in oil, and recommended visiting their website for a basic education on the oil industry and tax benefits.
Additionally, Lutz and Burr discussed the benefits of buying producing fields in salt domes due to lack of competition and the fact that they were the original oil fields. They also talked about how traditional oil drilling is still effective and how they are going into fields that weren't developed and developing them. Burr explained that they drill traditional wells the same way they were drilled a hundred years ago and that they are standing behind their guarantee to answer any questions about their work. Overall, they made a compelling case for investing in oil and highlighted the advantages of doing so.
Visit RJ at https://www.panex.us/
Visit FSN at https://FinancialSurvivalNetwork.com
Kerry Lutz and Craig Hemke discussed various economic issues, including the impact of Fed rate cuts on the dollar index and metals, the rise of part-time jobs in the gig economy, and the failing banking system. They also talked about China's currency collapse, the disparity in the price of silver between Shanghai and New York/London, and the struggles of emerging markets due to their collapsing currencies. The speakers emphasized the importance of considering the eventuality of the trillions of debt and debt service costs, and how this will impact the current economic structure. They also discussed the end of the debt-based monetary system and the potential implications for the global markets, including the devaluation of currencies and the need for physical gold and silver.
Special offer from Craig use promo code Gold
Craig's site https://TFMetalsReport.com
FSN: https://FinancialSurvivalNetwork.com
Kerry Lutz and the Russell Stone discussed the impact of inflation on the economy, predicting a decrease in demand for non-essential items and a drop in prices. They also discussed the deflationary cycle and how it will squeeze out unnecessary credit in the system. The group also talked about the impact of high oil prices on the economy and how people will adapt to changes.
They also had a disagreement on Biden's performance, with Kerry praising him and the conference room highlighting his failures. The group discussed strategies for protecting wealth during uncertain times, suggesting accumulating real money, avoiding unnecessary debt, and investing in government-backed money market accounts. They emphasized the need to be proactive and avoid unnecessary market exposure.
In a meeting between Kerry Lutz and Reuben Mettinson, founder of Puli Trading, Reuben explains that their forex trading system is based on transparency, regulation, and a complex algorithm that uses three different types of trading strategies across eight different currency pairs. The system has achieved a 33% gain over the past nine months, with a high risk-to-reward ratio. Reuben emphasizes the importance of risk management, including a tight stop loss on every trade, and being aware of the risks involved in investing.
The algorithm took five months of full-time work with developers and mathematical prodigies to create, and is highly selective and focused on quality over quantity. Interested parties can find out more about their trading system on their website.
Find Reuben here - Puli Trading
Find us here - FSN
David Stryzewski, a financial expert, discusses the current market situation and predicts that inflation is back and here to stay due to rising oil and gasoline prices. He advises investors to be cautious and patient, and to consider buying low and selling high, and dollar cost averaging. Stryzewski suggests investing in precious metals, particularly silver and copper, due to their increasing demand in the market.
He warns against investing in bonds and suggests finding alternative investment options. Stryzewski also predicts a decrease in real estate prices due to rising interest rates and a decrease in supply and demand. He emphasizes the importance of understanding risk management strategies and protocols in investing, particularly for those nearing retirement.
Find David here MySPG
Find Kerry here FSN
Eric Hadik joined us for an update on markets. He previously called for weakness in share markets and sees that trend continuing with sell-offs and rebounds in the year ahead. Gold will stay subdued until the dollar starts to gradually decline, which should be later in 2024. The dollar will start to feel the pressure when the BRICS plans start to take hold and others look for an "anti-dollar." Again later next year. Oil should be hitting its intermediate high shortly. Eric had called for higher prices during our last sit-down and the market appears to be cooperating with prices trading at 2023 highs.
Interest rates are due for a peak and a partial retracement until next year when they resume their move higher.
Visit Eric at InsiideTrackTrading
Visit us at FSN
Kerry Lutz and John Rubino discussed a range of topics. They talked about the changing landscape of private sector unions and their ability to strike for higher wages, as well as the potential for inflation due to wage increases. They suggested that companies should offer stock options to employees as a way to align their interests with management and moderate demands. The speakers also discussed the potential for wage inflation to spook the Fed into staying tighter for longer and the impact of rising interest rates in Japan on the country's budget. They also touched on the negative effects of higher interest rates on banks and the majority of the population who rely on cheap debt. The conversation then shifted to the profitability of lifestyle diseases for various industries, including Big Pharma, Big Food, and the government. They discussed the causes of the obesity epidemic and how it has led to the creation of drugs resulting in a gold rush for pharmaceutical companies. Additionally, they mentioned the profitability of chemotherapy and the lack of correlation between its usage and efficacy, and suggested that a results-based payment system could be more effective. The speakers also discussed the potential sinister motives behind Bill Gates' funding of tree burying to sequester carbon, questioning why old trees are being cut down and buried instead of being left to take carbon out of the air. Finally, they analyzed the 5th Circuit ruling against government sponsorship and censoring of Big Tech, which partially affirmed Judge Darry Dowd's ruling and stated that the US government is violating the 1st Amendment. Find John Here - Rubino.substack Find Kerry Here - FSN
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The interview discussed the potential of gold as an investment and its performance compared to stocks and bonds. David emphasized the importance of gold in preserving wealth and the interest of central banks in buying gold. Kerry brought up the new gold rush in anti-obesity medicines and the market caps of companies producing them. The group discussed the potential side effects of anti-obesity medicines and the importance of exercise and healthy eating habits.
The meeting also covered the importance of health and financial health. David discussed the three categories of investments accessible to most people: precious metals, land, and art. He recommended a balanced investment portfolio strategy called The Permanent Portfolio, which includes bonds, stocks, real estate, precious metals, and other miscellaneous investments.
Kerry mentioned a stock-based portfolio called the Lazy Portfolio ETF, which has a net return of about 6.5% per year compounded over 25 years. The meeting also discussed the historical and current value of gold as a means of preserving wealth and protecting against inflation, as well as the potential failure of the BRICS currency due to the differing cultures, work ethics, and productive capacities of the countries involved. Finally, David announced a special offer for his subscribers, which includes a free report and a one-on-one consultation with him.
Visit David at:https://www.themorganreport.com/
Visit FSN at: https://FinancialSurvivalNetwork.com
Kerry Lutz interviewed Alex Jarbo about his experience running luxury short-term vacation rentals and investing in rural mountain markets. They discussed the challenges of the market, including rumors of market saturation, and how Alex has overcome them by treating vacation rentals like a business and going multi-platform. Alex shared his strategies for obtaining clients' contact information and remarketing to them through direct booking sites. They also discussed the importance of insurance and handling customer complaints in the short-term vacation rental market. Alex suggested investing in mountain markets that aren't ski resorts, as they tend to be less seasonal, and recommended looking at the Blue Ridge Mountains and the Smoky Mountains. He also discussed the importance of finding a vacation rental cleaning company that specializes in vacation rentals and can handle maintenance and inventory, as well as virtual assistants who can handle messaging and guest inquiries. Find Alex at: https://OpenAtlas.Investments Find us at: https://FinancialSurvivalNetwork.com
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Kerry Lutz interviews Walter about retirement planning in a pension-less society. Walter explains that individuals are now more responsible for their own retirement outcomes, but may be less prepared due to a lack of education and understanding. He introduces his book, The 5th Option, which aims to make retirement planning more accessible by turning academic research into a story form. They discuss the four frustrating options of traditional financial planning for retirement income and introduce the 5th and 6th options, which are to create more income with fewer dollars and to have a secondary career during retirement, respectively. They also explore the benefits and drawbacks of investing in real estate for retirement income and emphasize the importance of creating passive income to replace active income during retirement. Kerry and Walter discuss the changing nature of work and retirement, noting that people are living longer and have more interests beyond their careers. They emphasize the importance of finding work that is at the intersection of what you're good at, what the world needs, what you can get paid to do, and what you're passionate about.
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Kerry Lutz and Herman DeBoard discussed the negative impact of current administration policies on small businesses, including the B genomics program and inflation. They suggested that more funding should be directed towards small businesses to help them grow and stimulate the economy. They also discussed the lack of support for small businesses and the potential for another wave of the pandemic and lockdowns. Additionally, they touched on the debate around a green economy and the challenges of transitioning to one without the necessary infrastructure in place. The two also debated the likelihood of future lockdowns and discussed potential solutions, including opening up more funding and reducing interest rates. They expressed skepticism about the government's ability to effectively distribute funds and promoted Herman's website for those interested in learning more about his company. Visit Herman Here: https://huvr.com Visit us Here: FSN
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this interview, Kerry Lutz and Joseph Reinke discussed the challenges of investing in an uncertain economic climate and the importance of managing risk and setting realistic goals. They emphasized the need to focus on increasing assets and debt over time while prioritizing short-term goals such as paying off debt or saving for a down payment on a house. The concept of human capital was also discussed, and Reinke's algorithms were highlighted as a tool to quantify the risk associated with different income streams and educational investments. The importance of education and its impact on financial stability was also explored, with a focus on the potential return on investment for courses and degrees. The value of learning basic information and pursuing non-traditional education paths was also emphasized, highlighting the benefits of exploring alternative education paths and learning new skills to increase opportunities and income.
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Kerry Lutz and Eddie Siddell discussed the recent GDP print of 2.1% and its impact on the Fed's monetary policy. Eddie Siddell believes that the Fed will raise rates by 25 basis points and maybe one more, even though it's lagging. The discussion also touched on the impact of the upcoming election on the Fed's decision-making process. Eddie Siddell expressed concern about the debt at all-time record highs across the board, including credit card debt, revolving debt, and student loans. They also discussed the impact of rising costs on everyday Americans and how to prepare for the "silent recession." Eddie suggested hedging bets with risk-off investments like treasury bonds and precious metals, while Kerry asked how individuals can personally prepare for the inevitable economic downturn. They also discussed specific sectors that may be good plays, such as utilities and healthcare. Overall, the conversation provided practical advice for individuals looking to weather the economic storm. Find Eddie at: https://egsifinancial.com/ Find us at: https://FinancialSurvivalNetwork.com
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Labor market data is mixed, with unions getting double-digit wage increases while job openings (three-month drop of 1.5 mill) and payrolls getting revised way lower.
Home sales also revised way lower. Housing is frozen, other than cash buyers.
China is trying to reflate a real estate bubble, failing so far.
Bitcoin spikes on good news about an ETF approval
Biden is getting closer to impeachment. Lately it's been about his fake email addresses and what kinds of deals he did with them.
The BRICS inducted Saudi Arabia, UAE and Iran. Wow.
Visit John at https://Rubino.Substack.com
Visit Us at: https://FinancialSurvivalNetwork.com
Kerry Lutz interviewed David Barnett about his book "Smarter Than a Startup," which advocates for buying an existing business instead of starting a new one. Barnett explains that buying a profitable business reduces risk and provides an incubation base for new ideas. They also discuss the importance of customer service and setting expectations in the property management industry, the pros and cons of franchising, and the challenges of buying and selling businesses in the current economic climate.
Barnett notes that higher interest rates are making it more difficult for buyers to pay top dollar for businesses, and that sellers who are not paying attention to these changes may find that their businesses are worth even less down the road. They conclude by discussing the importance of learning from past experiences and developing oneself in order to succeed in business.
Kerry Lutz and Paul Oster discussed the concerning trend of balances receivables hitting one trillion dollars, which is a sign that people are drowning in debt. They explained how credit scores are affected by credit card balances and delinquencies, and how this can have a ripple effect on financial transactions such as buying a car or a home. They also highlighted the impact of credit scores on insurance policies and premiums, and how having a lower credit score can cost people significantly more money.
Paul Oster warned of an impending recession and advised people to take proactive measures to prepare for it, such as cutting expenses, taking on a second job, and building an emergency reserve fund to avoid bankruptcy. Additionally, they discussed the dangers of debt and offered tips for getting out of it, emphasizing the importance of taking action and avoiding a fear mindset. Overall, they stressed the importance of managing debt and maintaining a good credit score to achieve financial freedom.
Paul's site: https://BetterQualified.com
FSN: https://FInancialSurvivalNetwork.com
Think wind, solar, and batteries can replace the hydrocarbon fuels that power our modern industrialized society? Green Breakdownshows why the Net Zero agenda―a forced transition to renewable energy―is costly, dangerous, and destined for failure. Using science, economics, and in-depth analysis, Steve Goreham exposes the weaknesses in the planned green energy transition and predicts a coming renewable energy failure. Steve Goreham's Green Breakdown is a complete discussion of all facets of the proposed green energy transition, including hydrocarbon and renewable energy, biofuels, power plants, home appliances, electric vehicles, ships, airlines, heavy industry, carbon capture and storage, and the hydrogen economy. Goreham uses color charts and graphs, and references to numerous studies to support his arguments. At the same time, his large collection of cartoons, colorful images, and quotes grabs the reader's interest. Green Breakdown is essential reading for anyone wishing to understand the truth about energy production, energy use, and policies related to climate change. Order the book here: Green Breakdown Visit Us at: https://FinancialSurvivalNetwork.com
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Kerry Lutz interviewed Clint Turner about his experience investing in land in Texas. Clint shared his journey from trying to graduate college to becoming a successful land investor. He explained the benefits of investing in land in Texas, including the ability to side-step the zoning process and the potential for high returns. Clint also provided advice for those looking to get started in the business, including the importance of having capital and understanding the local market. Visit Clint at: https://learn.land/ Visit us at: https://FinancialSurvivalNetwork.com
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We sat down with renowned cycle investor Charles Nenner for an update. He sees the BRICS currency taking off and the dollar going much lower over time. He's negative on stock markets but concedes there could be another bounce. Gold/Silver are looking at lows but will rebound and gain ground by years end. Much, much more to this long awaited interview.
Visit Charles at: https://CharlesNenner.com
Visit us at: https://FInancialSurvivalNetwork.com
Andy joins us for a wide ranging discussion of the current downward pattern of the world's reserve currency, the US Dollar. The Brics nations are moving forward with a so-called gold-backed currency. Do they have what it takes to supplant the mighty Buck? Andy thinks yes, what's your opinion? Visit Andy at: Miles Franklin Visit us at: FSN
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Kerry Lutz interviewed Judy Wilkins-Smith about her book, Decoding Your Emotional Blueprint, which explores the idea of emotional and financial DNA. Judy explained that people inherit patterns of thoughts, feelings, and actions around money, which can limit them. She suggested identifying and disentangling these patterns to create a healthier money DNA, and offered a four-day event in November to help people do so. The interview covered topics such as the importance of identifying outdated beliefs, the need to create a bigger want than the current situation, and the ongoing work required to maintain a healthy money DNA. Visit Judy's site: https://judywilkins-smith.com/ Visit FSN at: https://FinancialSurvivalNetwork.com
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Kerry Lutz and Robert Siciliano discussed various types of scams that property owners and investors should be aware of. They talked about land scams, vacant land scams, and wire fraud scams in mortgage closings, and emphasized the importance of taking precautions such as signing up for fraud alerts and monitoring property records. They also discussed the importance of title insurance in protecting property owners from potential claims that may arise after purchasing a property. Additionally, they cautioned against investing in websites that promise high returns and recommended doing thorough research before investing in crypto scams or business loan scams. Overall, they emphasized the importance of being vigilant and skeptical when it comes to online scams. Find Robert Siciliano Here: Protect Now LLC Find Kerry Lutz Here: FSN
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Kerry Lutz interviewed Mauricio Di Bartolomeo, CEO of Leadin Private Wealth, about their flagship product of issuing dollar loans backed by bitcoin collateral and their other offerings in the crypto space. Mauricio explained the benefits of their product, including maintaining ownership of bitcoin while getting the dollars needed without creating a taxable event. He also discussed the transparency measures Leadin takes to ensure the safety of client assets and the ease of setting up an account. Additionally, Mauricio talked about the demand for their product and the concentration of flows back to Leadin after competitors who acted recklessly went under. Finally, he touched on the impact of digital assets on financial inclusion and the ability to connect people to higher quality services in remote locations. Visit Lend at https://ledn.io/ Visit FSN at https://FinancialSurvivalNetwork.com
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In the meeting, Kerry Lutz interviews Brent Bowers about his successful land investment business, which involves buying and selling land, improving the process, and offering seller financing. Brent shares his investment strategies, including going after bigger and more expensive parcels and building passive income through seller financing. They discuss the impact of interest rates on the business and how it has created more opportunities for them. Brent provides a detailed overview of his process for finding and analyzing land deals, emphasizing the importance of working with knowledgeable real estate agents. They also discuss the potential for investing in land, with Bowers sharing his experience of buying and selling parcels of land for profit. Finally, Brent shares his tips and strategies for real estate investing, advising beginners to start investing in their own backyard before expanding and suggesting investing in trending states like Alabama and Texas. Visit Brent Here: The Land Sharks Visit FSN Here: Financial Survival Network
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When we talk about debt and its impact on our economy, we almost always mean “government debt.” However, this is only a small part of the picture: individuals, private firms, and households owe trillions, and these private debts are vital to understanding the economy. In this iconoclastic book, Richard Vague examines the assets, liabilities, and incomes of the entire country, private and public sector, to reveal its net worth. His holistic analysis shows that the real factor that drives both financial crises and spiraling inequality―but also, paradoxically, economic growth―is ever rising private debt. The paradox is that while debt is essential and our economy relies on it, it also brings instability unless it is periodically deleveraged―and that is very hard to do. It can, however, be carefully managed, and Vague ends the book by showing how to do so in policy areas ranging from trade and housing to financial policy and student debt. Underpinned by pioneering data analysis and the author’s lifetime of experience in the financial world, this book is essential for anyone who wants to understand the deep, underlying dynamics of the American economy. Get Richard's Book: https://www.amazon.com/Paradox-Debt-Prosperity-Without-Crisis/dp/1512825328 Visit FSN https://FinancialSurvivalNetwork.com
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Kerry Lutz interviewed Dr. Kuni Beasley about the value of college education and how it has changed over the years. They discussed the rising cost of college and strategies for taking the pinch out of the cost of college, including finding scholarships and grants. They also talked about the importance of choosing the right school and degree program, and how college may not be necessary for everyone, especially for those who are entrepreneurial. Additionally, they discussed the role of test scores in college admissions and the importance of proper test preparation and the use of test-taking techniques and strategies to beat standardized tests. Finally, they emphasized that learning is a lifelong process and that college only provides the foundation for further learning in the job market. Visit Dr. Beasley at https://www.beasleycollegeprep.com/ Visit us at https://FinancialSurvivalNetwork.com
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Kerry Lutz introduced Dan Barrett, an expert in helping investors find sellers in a short inventory market. Dan shared his journey from being a high school history teacher to focusing on a particular type of client. He explained how his agency focuses on online methods to find sellers and shared some of the strategies they use. Dan provided an overview of the two main online marketing strategies, the shotgun approach and the sniper approach, and emphasized that there is no one-size-fits-all approach to online marketing. Kerry interviewed Dan about the results his agency has achieved for clients and their ideal client profile. Dan shared success stories of clients who have achieved significant profits and scaled up their business with the help of his agency's lead generation services. He emphasized the importance of online marketing for all businesses and encouraged consistency in efforts. Dan's Site: https://AdWordNerds.com FSN: https://FinancialSurvivalNetwork.com
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In this meeting, Kerry Lutz and John Rubino discussed a range of topics, including the impact of rising student loan debt on credit card balances, the benefits and risks of writing covered calls on certain stocks, and the consequences of San Francisco and California's experiment with legalizing crime and camping on the streets. They also discussed the severity of China's real estate crisis, the ongoing Russia-Ukraine war, the recent wildfire in Hawaii, the changing nature of rebellion and protest art, and the recent lawsuits against Facebook for censorship. Throughout the conversation, the speakers shared their personal experiences and opinions on each topic, highlighting the complexity of the situations and the potential impact on the global economy and society. They emphasized the need for unity and change in the face of exploitation and injustice, and expressed hope that the courts will protect their rights and come down on the side of the First Amendment. --56% of student loan borrowers will have to choose loans or necessities (cnbc.com) --Interest rates, mortgage rates are spiking. Where do things start breaking? --Another big Chinese shadow bank is imploding. --Flooding in Beijing and surrounding areas, end of Xi coming? --BRICS: lots of opinions out there but no hard data until the meeting. --What the hell was that Hawaii fire? --First there was "Try it in a small town" and now there's "Rich men north of Richmond" Art is starting to rebel against the system. Visit John at: https://Rubino.Substack.com Visit FSN at: https://FinancialSurvivalNetwork.com
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Kerry Lutz and Josefine Campbell discussed the concept of managing personal energy levels for business success using the imaginary tool called the power barometer. They emphasized the importance of taking responsibility for one's energy levels and how it can affect team performance. They also talked about the personal nature of business and how owning one's energy levels is crucial. The discussion also touched on the importance of sleep and healthy sleep patterns, as well as practical steps to boost energy levels such as doing activities that give energy and self-care practices like meditation and exercise.
Visit Josephine at: https://JosephineCampbell.com
Visit us at https://FinancialSurvivalNetwork.com
Kerry Lutz and Dudley Baker discussed the current state of the resource sector and the potential for high returns in the future. Baker mentioned a service he subscribes to that predicts a cycle low in precious metal stocks, which could be causing the current down pressure on gold and mining shares. He believes that once these cycle lows have passed, there should be a big up move in the gold and mining shares, potentially leading to ten baggers or even x one thousand percent returns for investors.
Baker also shared his investment philosophy and provided examples of his investment strategy, emphasizing the potential for high returns in the resource sector and the importance of getting in early. He advised investors to do their own due diligence and invest in companies that they believe have potential for growth, and suggested that now may be a good time to invest in mining stocks. Lutz recommended that investors visit Baker's website to get a better understanding of his personal portfolio and the companies he is invested in.
Kerry Lutz and Robert Kientz discussed the banking crisis and deposit gap caused by the Federal Reserve raising interest rates, leading to an outflow of almost a trillion dollars from large commercial banks and several hundred billions from small commercial banks. They expressed concerns about the potential for wholesale defaults and policymakers' ability to recognize the issue and take action to help shore up the banks' balance sheets. The speakers also discussed the possibility of bailouts taking place behind the scenes and the challenges of the FDIC's limited coverage for deposits. They questioned whether the policy-making tools will be strong enough to prevent a downward spiral and maintain consumer confidence, and expressed uncertainty about the future of the banking system.
Kerry Lutz and Robert Kientz also discussed the economic benefits of living in low tax states like Florida and Texas, which have a business-friendly climate and booming real estate markets. They compared these states to high tech states with misguided policies, such as California and New York, where real estate prices are negatively impacted by high taxes. The booming real estate market in low tax states has led to positive growth and increased tax receipts, but has also caused stress for those with lower incomes due to rising rents and home prices. Despite these challenges, Kerry and Robert agreed that low tax states are generally doing much better than high tech states in terms of economic growth and prosperity.
Find Rob here: GoldSilverPros
Find FSN here: FinancialSurvivalNetwork
Doug Casey and Kerry Lutz discussed various topics including the potential dangers that could lead to the collapse of civilization, the decline of DIY repairs due to modern technology, the role of government and its usefulness, and the challenges of sustainable energy sources. They emphasized the importance of individual freedom and free markets in solving the problems facing the world. They also discussed the misconceptions about Russia and the benefits of nuclear power as a safe, clean, and cheap form of mass power generation. Visit Doug at: https://InternationalMan.com Visit us at: https://FinancialSurvivalNetwork.com
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Kerry Lutz and Russell Stone provided a comprehensive analysis of the current state of the market, discussing the impact of external factors such as China's economy and Europe's slowdown. They also delved into the value of precious metals and the strength of the dollar, and how these factors may affect the market in the future. The speakers also discussed the role of the Federal Reserve and interest rates, and how these may impact the bond and fixed income markets. Additionally, they engaged in a lively discussion about the state of the housing market, with Russell expressing concern about the potential for a foreclosure crisis and the impact of government debt on the market. Kerry believes that a foreclosure crisis is unlikely due to political reasons, and they both agree that the market will eventually recalibrate and present opportunities for investors. Overall, they offered a nuanced perspective on the current state of the market and the potential for future growth and investment opportunities.
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We were very fortunate to sit down with an our close friend and associate Dunagun Kaiser at the recent Rick Rule Symposium. We go way and we reminisced about old time and spoke about where the world is heading. While the situation is always hopeless we prove quite conclusively that it is never serious. We talk about the value of children, family and communities in helping you to prepare for an uncertain future. Visit FSN at: https://FinancialSurvialNetwork.com Visit Dunagun at: https://www.libertyandfinance.com/
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We sat down for a sponsor update from Fury Gold Mines’ (FURY 🇨🇦: FURY 🇺🇸) CEO Tim Clark and Exploration SVP Bryan Atkinson ( FURY). Drill results are in for the first 3 holes for 2023. Multiple zones of high-grade gold were intercepted at the Hinge Target. Gold mineralization was present in each drill hole including 5.0 meters of 3.6 g/t Au, 6.5m of 2.66 g/t Au, 6.0m of 2.77 g/t Au and 1.0m of 10.35 g/t Au. Atkinson says things are going exactly to plan with good continuity and results.
CEO Clark explains that a revised resource estimate is expected later in the year. His hope is for 2 million ounces. With drills continuing to turn on Hinge and Percival, this is not too far a stretch. While the Quebec wildfires delayed drilling for four weeks, the crews have returned with renewed vigor and they’re making up for lost time. The good news is that assay labs are back in full operation and have been rapidly returning results.
Fury started the year with an impressive C$12 million in the treasury and expects to finish with C$6 million. In addition, they are still a 25% holder of Dolly Varden Silver shares so adequate funds will be available beyond 2023.
Fury has also taken on a new chair – Brian Christie, who reigned for a decade as Investor Relations dynamo at Agnico Eagle. This will facilitate the company’s efforts to broaden its investor appeal, which is one of the many reasons we are staying invested.
Company Website: https://furygoldmines.com
We sat down with Trillion Energy’s (TCF 🇨🇦: TRLEF 🇺🇸: Z62 🇩🇪) CEO Arthur Halleran for a sponsor update. The company is refocusing its efforts. After successfully drilling 6 natural gas wells, Trillion is seeking to maximize daily production and cash flow.
Underwater wells are complex and Trillion is working to balance production in an effort to insure optimal cash flow. Art informed us that the company will begin drilling again in 2024, after completing a major 3D seismic study on its existing and adjoining blocks. While becoming an established natural gas producer, it has entered into a farm-in agreement with Derkim Poliüretan Sanayi ve Ticaret A.S. to earn a 50% working & revenue interest in three oil exploration blocks comprised of 151,484 hectares (374,325 acres) within the newly defined Cudi-Gabar petroleum province in Southeastern Turkiye. Art said that, “[This is] the Best Oil Property I’ve Come Across in My Career.” The site is in close proximity to several recent major discoveries. As part of the deal, Trillion will complete 2d seismic on the site and drill 4 wells in 2024.
Art reflected that Trillion is now a natural gas producer, realizing over $2mm per month in net cash flow and is applying the funds to building out the company by making major investments in Turkiye booming energy sector.
The company has come a long way in the past two years. With its latest moves, it is building upon its prior successes and preparing the way for much larger gains in the future. Trillion remains a major holding in our portfolio.
Company website: https://trillionenergy.com
Kerry Lutz interviewed Martin Armstrong about his new book on De-Dollarization and its potential impact on global financial markets. Armstrong argued that the US dollar's dominance is backed by deep financial markets and that the creation of a BRICS currency is unlikely to replace it. He also discussed the geopolitical factors at play, including the Biden administration's removal of Russia from Swift and the impact on globalization. Armstrong suggested that the de-dollarization trend is driven by geopolitical factors rather than deficits, and that the US cannot continue to threaten China and Russia while expecting them to lend money to buy bullets to shoot them.
The conversation also touched on the banking crisis and interest rates, with Armstrong explaining that the primary problem is that interest rates were kept artificially low for too long in Europe, resulting in pension funds and banks losing 30-40% of their capital. They also discussed investment strategies in the current market, including diversifying into tangible assets like real estate, antique coins, and art. The conversation briefly touched on the use of drones in the Ukraine war and the desire for war among certain political figures.
Kerry Lutz and Patrick Elsner discussed the potential of investing in franchise opportunities and the benefits of technology for franchise brands. They also talked about the startup costs for a Massage Envy franchise and the differences between medicinal and spa-like environments for massage franchises. Additionally, Elsner shared insights on franchise financing and success stories, highlighting that while financing can be costlier due to interest rate spikes, self-funding is common among high-level executives.
He emphasized the importance of finding the right franchise to mitigate risk and shared a success story of a former Bank of America executive who now owns a successful restoration franchise. Elsner also discussed the typical return and net margins for franchises, which can be profitable with net margins of 75-80% for non-retail concepts, but can take upwards of a year to turn profitable for retail-based concepts.
Visit Patrick at: https://franinside.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Japan capitulates again, interest rates spike, yen falls.
Fed is getting frustrated that the markets don't think it's serious.
Under the headlines, the economy is still slowing.
--manufacturing indexes are in contraction
-- commercial real estate is falling
-- housing is frozen, stocks hit new highs and are cutting prices.
There’s a shortage of housing due to 3% mortgages. Baby boomers can’t downsize.
Niger coup roils the uranium market. Why political risk is a real thing.
The BRICS meeting is this month, expect lots of chatter leading up to it.
Is Elon Musk the most powerful person on earth?
Drones and AI are taking over warfare.
The Cold War was scam.
Now the rearmament cycle begins anew.
Visit John at: https://Rubino.Substack.com
Visit us at: https://FinancialSurvivalNetwork.com
PMI Report (Manufacturing Purchasing Managers' Index)
measures the activity level of purchasing managers in the manufacturing sector
Past few months we have seen the numbers in line or under expectations
Last week it was above for the first time since April
Another number will be reported tomorrow
ALL values are still negative, even if they are not as negative as initially thought.
Everyone is Bullish and it is scary!
Morgan Stanley strategist Mike Wilson finally capitulated and apologized for getting the market wrong the last nine months. (He is a huge bear mkt guy) from 3500-4400
When the Street’s most bearish strategist turns bullish, does that mean the market is due for a correction? YES!
Time to get short.
Last year people were adding on to TBill positions.
This Year, everyone YOLOed into tech stock and out of TBills
Right on market highs.
You could not have scripted this any better.
Between strategists apologizing and people YOLOing into tech stocks, I think it’s time to book whatever gains we have and move to the sidelines.
Lets put a baseline correction of 10-12% And it could get worse.
All I know is that all the conditions are in place for a correction of some magnitude. And it will take a lot of people by surprise, as these things usually do.
Word of advice: sell when you can, not when you have to.
Never confuse brains with a bull market. When we start to hear of plumbers quitting their jobs and getting into day trading… again. They made a lot of money off TSLA and think that is a repeatable strategy. Here we go again. We all remember that in the 90s, but I guess not everyone does.
We can talk about how interest rates are over 5%, how there is a war in Europe, how there is the persistent threat of inflation, how richly valued the stock market is—none of it matters. These are the sorts of things that people like us talk about on media shows. People may hear us, but are they listening?
You want to know where the market is going? Don’t follow the smart money; follow the dumb money. – I use that term loosely, because the pain will be real.
Inflation is 3%
The tomb is sealed, and we don’t even realize it yet.
Bottoms are made on panic. Tops are made on euphoria. In October, we were fearing hyperinflation. Now there is open discussion about deflation.
The truth is always somewhere in between.
We went from believing that inflation was undefeated to defeated in nine months. Over that time, the stock market has rallied over 20%. There is a lot of complacency out there. It’s the summer, people are having a good time, and they don’t see the need to hedge. People aren’t doing a lot of thinking about how to insure against a downturn.
Mind you, I’m not talking about a crash—I would never call for a crash—I’m just saying that a sharp correction is highly likely, and it is going to catch a lot of people offside.
Visit James at: PooleLocke.com
Visit FSN at: FinancialSurvivalNetwork.com
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Consumer spending roller coaster continues
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Disposable income went up slightly to 0.4% in May 2023, after 4 months of declines
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Personal consumption expenditures continues to roller coaster, at basically flat at 0.1% in May vs. +0.6% in April and +0.1% in March
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Out with the old...legacy categories and consumer loyalty are declining, as consumers become more price sensitive
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"Serial churners" on Netflix (consumers who binge and quit streaming services) grew from 3% of subs in 2019 to +16% of subs in 2022, per a HBR article I co-wrote here. https://hbr.org/2023/07/tackling-the-problem-of-subscribers-who-bingethen-bail
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Thrill data shows the average wait times at Disney world was 33 minutes in July 2023 vs. 41 minutes a year ago. This is the lowest since January 2022.
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In with the new...consumers are willing to spend, but on 'new and different' experiences
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COVID to Community: The WSJ notes the "Taylornomics" phenomenon, where Taylor Swift's $1B US tour is creating spending increases everywhere she goes. In Cincinnati, total adjacent spending grew $48MM per their tourism office
- Per the BLS, the monthly average # of US workers taking vacation from Jan to June exceeded 2.5MM, which was the first time since 2017
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Cybertruck pre-orders are at 1.9MM as consumers await this controversial, but compelling different product
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While interest rates remain high, consumers...especially younger ones...will hold off on bigger ticket purchases in lieu of smaller, immediate and different experiences
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Per Moody Analytics, only 11% of homeowners have an adjustable rate mortgage...
- ...so the vast majority of homeowners have not been impacted by interest rates and have little incentive to move until rates drop
- Per Redfin, the median price of a starter home is 46% higher than in 2019. First time buyers of home will delay buying a home (and possibly having kids), and continue to spend on these smaller, immediate and different experiences
Twitter feed: @eddiewouldgrow
Email: eddie@eddiewouldgrow.com
Eddie's site: https://EddieWouldGrow.com
Our site: https://FinancialSurvivalNetwork.com
Kerry Lutz and Ed Siddell discussed the current state of the economy and the possibility of a recession. They analyzed the strength of the economy and potential risks such as the commercial real estate meltdown and the banking crisis. They also discussed the impact of debt and credit on the market and the changing credit market. The conversation highlighted the uncertainty and complexity of the current economic landscape and the challenges facing investors and businesses. Additionally, they discussed the state of cities in the US, migration trends, and the importance of personal safety in people's decision to migrate. They also talked about the lack of safety in cities and the need for people to feel safe and be able to raise a family without fear. They concluded by emphasizing the need for fixing the system and getting the right people in office to do so.
Find Ed Here: EGSI Financial Find Us Here: FSN
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Kerry Lutz and Taylor Loht discussed the benefits of investing in real estate over stocks and bonds. They highlighted the importance of cash flow and an abundance mindset for success in real estate, as well as the challenges of dealing with misbehavior in the industry. They also emphasized the importance of networking and building relationships to find deals in the commercial real estate space. Taylor shared his successful investment strategy of investing in scarce assets with high demand, such as self-storage properties, and discussed the potential of investing in mobile home parks. Kerry and Taylor delved into the details of investing in self-storage properties, discussing the demand drivers and risks involved. They emphasized the importance of market analysis and careful consideration of risks, as well as the obstacles involved in getting approvals from municipalities. They also highlighted the benefits of investing in self-storage properties, including the low management required and diverse demand base. The conversation ended with Taylor explaining his passive wealth strategy and the importance of seeking knowledge from those who know more. Overall, the meeting provided valuable insights into the mindset and strategies required for success in real estate investing. Visit Taylor at: https://www.passivewealthstrategy.com/ Visit us at: https://FinancialSurvivalNetwork.com
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Jim Welsh provided a detailed analysis of the current state of inflation, predicting that it will continue to rise due to the reversal of energy prices and food prices. He also discussed the impact of higher interest rates on unemployment numbers and predicted that a recession is likely in the near future based on historical indicators such as the yield curve inversion and the increase in lending standards. Kerry Lutz and Jim Welsh discussed the shift in market sentiment from anticipating a recession to believing that it is no longer a concern, and how this may actually increase the likelihood of a recession.
They provided a comprehensive overview of the economic factors at play and the potential consequences for investors and the economy as a whole. Welsh also provided market analysis on gold, the S&P 500, and lending standards, and suggested caution in light of current prices.
Visit Jim's site: macrotides.com
Visit us at: FSN
Lobo Tiggre joined Kerry Lutz to discuss the state of the economy and inflation, with Lobo providing a nuanced analysis of the factors contributing to the weakness of the US and global economies. They also discussed the strength of the demand for gold despite headwinds like higher rates and Fed tightening. Lobo provided a market analysis of gold and silver, predicting a potential near-term pullback in the gold market and advising caution. They also discussed the potential impact of a liquidity event on the metals market and the unpredictability of market crashes.
Additionally, they discussed the Fed's response to the banking crisis and how it was a major emergency response that bailed everyone out without explicitly bailing them out. They expressed concerns about the insolvency of major real estate companies in China and the potential for a hard landing in China's economy, which could impact the global economy.
Visit Lobo at https://independentspeculator.com
Visit us at: https://FinancialSurvivalNetwork.com
We sat down with Prospera Energy’s (🇺🇸GXRFF -- 🇨🇦PEI) CEO Samuel David and VP of Subsurface -- George Magarian for an update. Prospera is one of our largest holdings. Of primary importance is the company’s 18 well drill program, consisting of 8 slanted/vertical wells and 10 horizontal wells. All the pieces are in place to commence its Phase 2 drill program, which will start by August 15 and will commence rapidly.
VP Magarian has put in over 36 years as a petroleum geologist and is an expert in Western Canada geology. He’s worked for many major producers. He has high expectations for the program. The new wells are in existing fields so risk is extremely low. He expects and 80 to 90 percent success rate. In his opinion, these wells will produce at least 60-100 barrels per day. He expects the resulting increased production in Q3. This added to August’s 1250 BOE will substantially increase production and cash flow.
For 2022 the company reported record cash flow of C$5.4 and upon completion of its Phase 2 program 2023 could go much higher. It has upped its working capital and cash position so it can easily finance increased production. The company has also been helped by $75 oil.
Finally, CEO David discussed the company’s anticipated acquisition. It is in active talks to take over an existing field and is negotiating the exact scope of acquired assets and liabilities.
Prospera expects to news flow to increase substantially as its drill program ramps up and results start coming in. We are very optimistic about its future.
Company website: https://ProsperaEnergy.com
John Grace discusses the economic history of Japan and advises investors to be prepared for the good, the bad, and the unforeseen, and to consider diversifying their assets. He also discusses the potential impact of demographic changes on the real estate market and provides advice for investors, including selling excess real estate and looking at investment opportunities in warehouses, medical properties, and infrastructure. Kerry Lutz and John Grace also discuss the benefits and drawbacks of immigration for the US economy, with Grace arguing that immigration is a net gain and Lutz emphasizing the need for controlled and regulated immigration. Finally, they explore investment strategies and opportunities in the face of technological advancements and economic uncertainty, with Grace emphasizing the importance of active management and diversification in investment portfolios.
Visit John at: https://www.westlakefinancialadvisors.com/
Visit us at https://FinancialSurvivalNetwork.com
Kerry Lutz and Carl Gould discussed various topics. They talked about the differences between Threads and Twitter, with Threads being more of a private communication tool, while Twitter is more like a public radio channel. They also discussed Elon Musk's X, which could potentially leapfrog all other players in the market. Additionally, they talked about the trends in the business environment post-COVID, including the reindustrialization of the United States and the move towards design and distribution.
They also discussed the challenges faced by the electrification trend, such as the lack of electricity to power the cars and the emissions to manufacture them. The government is investing trillions of dollars in subsidies and incentives, but eventually, the industries will have to stand on their own. The risks involved in these ventures often get overshadowed, and entrepreneurs and businesses are needed to take the risks to find these things and nurture these businesses.
Find Carl at carl360.com
Visit us at FSN
Kerry Lutz and Kris Miller discussed the benefits of investing in index universal life insurance to create tax-free income for life. Miller explained that this strategy is a safe way to ensure that you never outlive your income and that it provides peace of mind. She also emphasized the importance of getting your cash safe and setting up streams of income, and explained that there are creative ways to fund these investments over five to ten years.
However, Miller also noted that this strategy is not a one-size-fits-all solution and that it depends on factors such as age, health, and financial goals. Additionally, she discussed the importance of paying attention to economic shifts and learning about new financial strategies.
Visit Kris at: https://MeetWithKrisMiller.com
Visit us at: https://FinancialSurvivalNetwork.com
During this Financial Survival Network segment, Kerry Lutz interviewed David Wright about the recent CPI report and its implications for the economy. Wright expressed caution and bearishness, citing the sticky inflation rate and the upcoming challenges for small businesses. They also discussed the impact of AI on the economy and the potential for job displacement, with both expressing concerns about the long-term implications of AI.
David advised investors to create income streams from investments, rely on high dividend-paying stocks, and find companies that can sustain income dividends of 5% to 7%. He suggested investing in consumer staples and comfort stocks and avoiding AI stocks that don't pay much in dividends.
The conversation also touched on the upcoming PPI number, with David stating that it will be lower than the previous month due to prices coming down. They discussed the cost of goods, with Kerry mentioning the cost of Thanksgiving dinner and 4th of July barbecue as two indexes she pays attention to. David expressed concern about the disparity between the country's gross domestic product and national deficit, and the potential effects of a hike in interest rates.
They also discussed defensive sectors, such as healthcare and consumer staples, and the impact of the current administration's healthcare policies on the market. Finally, they discussed the potential impact of the 2024 election cycle on the markets and the ongoing banking crisis, highlighting the challenges faced by regional banks, including the squeeze on net interest margins.
Despite the uncertainty and volatility in the markets, both speakers emphasized the importance of experience and perspective in navigating these challenges. They also discussed the exorbitant cost of prescription drugs in the US and the potential benefits of negotiating drug prices with Medicare. David offered to help Kerry make a list of his prescription meds to explore the possibility of lowering their cost.
Visit David's site at: https://wrightfinancialgroup.com/
Visit FSN at: https://FinancialSurvivalNetwork.com
Chris Vermeulen and Kerry Lutz discussed the recent surge in precious metals and miners, with Technical Trader Ltd. attributing it to a potential bottom and bounce in the market. They also discussed the possibility of a gold-backed currency and its potential impact on investors, with Technical Trader Ltd. suggesting that it could make gold a more serious asset. However, Kerry Lutz expressed reservations about a gold-backed currency and its potential impact on international trade.
Chris also provided insights into the current state of the stock market, real estate market, inflation, and energy prices, advising investors to be cautious and protect their assets, as he predicts a potential correction in the stock market and real estate market, and a drop in crude oil prices. He emphasized the importance of following price trends and not investing based on news or fundamentals, and noted the potential danger of the current market, advising investors to be defensive with their positions.
Visit Chris at: TheTechnicalTraders.com
Visit us at: FinancialSurvivalNetwork.com
We sat down with a new show sponsor, Correlate Energy’s CEO Todd Michaels (OTC: CIPI). He explains that fortunes are made and lost when major energy transitions take place. Today we are in the first inning of a major transition away from centralized electricity generation to decentralized production. As CEO Michaels stated, “Just like the smartphone changed the way we all work and communicate, decentralized energy will have a similar profound effect.”
As the electrification transition rapidly moves forward, traditional carbon-based energy sources alone cannot provide the extra needed giga-watts. However, multi-trillion-dollar government incentives are locked in place and there’s no going back. Solar, wind and increasingly microgrids will lead the way. Correlate is uniquely situated to capitalize upon the resulting opportunities. In it’s case, their seasoned team has decades of experience in the renewable energy marketplace. They provide customers with a one-stop solution including: financing, planning, permitting, construction and operational management.
The company just announced an initial $100 million joint venture with eDGe Renewable Partners which will dramatically increase micro-grid development and construction, nationwide. The strategy appears to be working as the company became cashflow positive in May and expects revenues of $25-35mm in 2023 and $45-60mm in 2024 while achieving 18-25% margins. CEO Michaels states, “You can see the [revenue growth] directionality as our projects are now coming to fulfillment.”
He makes a compelling case as few businesses can resist the ability to lock in and reduce their electric bills for the next 20-30 years. Decentralized Energy has arrived and promises to be the hottest and most profitable energy sector for the next several decades.
Correlate offers a low-cost, low-risk way to profit from this inexorable trend.
Company website: https://Correlate.Energy
Financial expert David Stryzewski discussed the current state of the economy and investment strategies with Kerry Lutz. Stryzewski predicted a slowing economy and advised caution when investing in bonds, instead suggesting growth-oriented fixed index annuities as a protected asset. He also emphasized the importance of tax planning for retirees and pre-retirees, and suggested taking advantage of the tax cuts and jobs act. Stryzewski's approach to financial planning focuses on helping families create tax-optimal income plans for the rest of their lives.
Visit David at: https://myspg.com
Visit us at: https://FinancialSurvivalNetwork.com
Mark Twain once said, It ain't what you don't know that gets you into trouble. It's what you know for sure that
just ain't so." This is especially true when it comes to your closely held beliefs. We all have long held false beliefs that have done nothing but sabotage your life. Things like "I'm not good enough, I'm not smart, I can't succeed, People disappoint me, etc." Shelly Lefkoe has worked with thousands of people, helping them to expose of and dispose of their false beliefs and she would love to help you do the same. She gives concrete examples and real life cases where her system has changed lives. I recounted my 3rd grade teacher who made me feel inferior and dump. These beliefs stuck with me for many years. It wasn't until I realized that I was a fast learner capable of success that I overcame my personal history. Anyone can dispose of their false beliefs using her system. Go to https://eliminatebeliefs.com and start working with Shelly today. Visit us at: https://FinancialSurvivalNetwork.com
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Kerry Lutz and Paul Otter discussed the Supreme Court's decision to strike down the current administration's plan to forgive student loan debt. They highlighted the potential impact on borrowers and the economy, including missed payments, higher credit card debt, and a decrease in credit scores. The need for Congress to revisit the student loan scheme and hold universities accountable for their role in creating the problem was also discussed. Both Kerry and Paul agreed that canceling the debt is not the solution and that Congress needs to find a way to solve the problem without causing pain elsewhere. They emphasized the importance of borrowers being proactive and having a plan in place to deal with their student loan debt. Go to Paul's site: https://BetterCredit.com Visit FSN: https://FinancialSurvivalNetwork.com
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Blow-out jobs report means interest rates have to rise. 10-year Treasury broke 4% this morning.
In the past two bubbles interest rates rose along with stocks until the markets broke. We're repeating that pattern.
The Big Toy indicator is flashing: RV and Rolex sales down.
Commodities getting whacked. Are we in a bear market?
France is burning. A sign of the future?
Quality of life in our major cities is rapidly declining
The Supreme Court is issuing some big rulings. What does that mean?
-- Affirmative action
-- Web design/bakery "compelled speech"
-- Student debt (separation of powers) goes back to baby boomers, when college was cheap https://www.supremecourt.gov/opinions/22pdf/22-506_nmip.pdf
-- Louisiana court banned gov't social media censorship https://www.politico.com/f/?id=00000189-2209-d8dd-a1ed-7a2de8d80000
(Trump was a hugely consequential president!)
Visit John at: https://rubino.substack.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Alex Sonkin explained the Due Diligence Project, which is a peer review community of mostly CPA firms that helps mitigate the risk and time to complete due diligence on sophisticated tax structures. The Due Diligence Project serves CPA firms who are trying to differentiate themselves and serve clients with tax problems. They have created the largest independent peer review community of CPA firms in the country and conduct summits to bring the community together.
Their clients are CPA firms who serve clients making half a million and up in net income. Kerry Lutz expressed some skepticism but agreed to give it a shot. Sonkin also discussed the Due Diligence Project Summit, which aims to help businesses and individuals mitigate taxes and costs through vetted tax planning resources and strategies.
Alex's site: DueDiligence.com
FSN: FinancialSurvivalNetwork.com
Jamar James shared his insights into cryptocurrency and the potential for digital currency to be a vehicle for wealth.
Jamar shares his journey into the world of cryptocurrency and his concerns about the implications of a cashless society. He also discusses the potential benefits of digital currency in tax collection and how it can help build wealth. Finally, the fifth paragraph is an interview between Kerry and Jamar, where they discuss Jamar's experience in the military and the values he learned.
Overall, the meeting covered a range of topics, including cryptocurrency, and military service. While some of the topics were unrelated, they all provided insights into the experiences and perspectives of the participants. The discussion of cryptocurrency was particularly informative, as Jamar shared his insights into the potential benefits and risks of digital currency. The interview with Jamar also provided a personal touch, as he shared his experiences in the military and the values he learned.
Visit Jamar at: https://www.dcgelite.com/7daychallenge
Visit FSN at: https://FinancialSurvivalNetwork.com
Kerry Lutz and Dave Shutler discussed the state of student loans and the importance of avoiding them. They recommended picking a major first and then a school to avoid taking on too much debt. They also emphasized the importance of knowing the potential earnings for a chosen career path before taking on student loans.
The lack of resources available to young people to understand the intricacies of student debt and the hidden costs of taking out a reverse mortgage were also discussed. The non-dischargeability of student loan debt and the potential for a recession due to the large number of people with student debt were also mentioned.
The value of a college education and the earning potential of skilled trades were also explored. While college graduates make more money on average, some skilled trades can earn more than some college graduates. Various cost-effective education options for students were discussed, including community college, AP courses, and online-only schools.
The benefits of these options, such as lower tuition fees and the ability to earn college credits while still in high school, were highlighted. The importance of exploring all available options to save money and still receive a quality education was emphasized. Finally, financial hacks and the importance of having proper knowledge to make financial decisions were discussed, and a book called "Graduate Debt Free" was recommended for those looking to pay for college.
To purchase David's book Graduate Debt Free: Escaping the Student Loan Matrix: https://www.amazon.com/dp/B0BZ96V3TQ/?tag=greebookgrou-20
Visit FSN at: https://FinancialSurvivalNetwork.com
Kerry Lutz and Anthony Saccaro discussed various topics related to the economy, including consumer confidence, the housing market, inflation, and investment strategies. They examined the factors that contribute to consumer optimism, such as the strength of the labor market and the availability of jobs, and discussed the potential impact of global events on the economy. They also noted the unusual reaction of home sales and prices to rising interest rates and the fear of the Fed that another home sale explosion could cause them to raise rates more aggressively. Additionally, they discussed the impact of inflation on the job market and investment strategies, with Saccaro suggesting that investing in long-term income portfolios and real estate may be good strategies for weathering economic cycles. Finally, they discussed Anthony's podcast and marketing strategies, including the importance of analytics and tracking open rates and click-through rates for email blasts. Find Anthony here - Anthony Saccaro Find us here - FSN
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The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought.
GDP increased at a 2% annualized pace for the January-through-March period, up from the previous estimate of 1.3%.
The upward revision helps undercut widespread expectations that the U.S. is heading toward a recession but I am not so sure that is realistic if the Fed’s continue pushing rates higher.
We all know inflation has finally hit 4% according to the CPI but consumer spending, as gauged by personal consumption expenditures, rose 4.2%, the highest quarterly pace since the second quarter of 2021 and Core PCE prices rose 4.9% which will only fuel the Fed’s resolve to continue pushing rates higher to continue contracting the economy.
Interestingly we see that exports rose 7.8% after falling 3.7% in the fourth quarter of 2022 so demand seems to be healthy.
Though I think many investors are wanting to be bullish, now is not the time to embrace the market with both hands.
Remember that as we begin entering earnings season many of these companies get to set their own bar, therefore it has been easier for them to look good when in reality there is underlying weakness in their earnings.
Be patient, focus on dividends (collect them or spend them) but be ready to buy as there’s likely to be more K-Mart Blue Light Specials coming.
Visit Matthew at https://JohnsonWim.com
Visit FSN at https://FinancialSurvivalNetwork.com
Jim Sheils and Kerry Lutz discussed the current state of the real estate and investment industry, focusing on the Florida market. They talked about the challenges of building affordable housing and the potential for growth in different areas of the state. Sheils provided an overview of her company's in-house financing program and the types of residential properties they focus on.
The conversation also touched on the impact of mortgage rates on investment opportunities and the scalability and desirability of new construction properties. Overall, the meeting provided valuable insights and strategies for anyone interested in real estate investing.
Markets have been headed sideways for a while now. During Avi's last session on the show, he was of the belief that no market crash was coming in the near future. He was expecting the bounce that we eventually encountered.
Now he believes that the market is at a turning point, either up or a significant move down. The future is always uncertain, but Avi uses his technical skills to try to get an edge. A few more market moves and he'll have a better idea.
Let's see how it works out.
Visit Avi at: https://ElliottWaveTrader.net
Visit FSN at: https://FinancialSurvivalNetwork.com
In a meeting between Rick Rule and Kerry Lutz, they discussed the resource sector and the upcoming Rick Rule Symposium -- Natural Resource Investing. Rick noted that the market is bifurcating into two junior markets, with one market being populated mostly by the lame and the blind. He also predicted that the conventional energy sector will do well absent a real recession, and that the largest demand for coal was in 2022. They also discussed the global energy crisis and the need for more electricity, particularly in developing countries, and the importance of battery metals, such as lithium, in the transition to cleaner energy.
The conversation also touched on the complexities of government investment and permitting in the United States, particularly in the areas of electrification and battery metals. They explored the government's promises to invest in these areas, but also the challenges of obtaining exploration and operating permits. Additionally, they discussed the current state of the gold equity markets and how a bear market is like a sale. They emphasized the importance of attending the upcoming conference, which offers a range of speakers, living legends, and exhibitors who have built multi-billion dollar companies, and can be attended virtually or in person with access to conference recordings for six months.
Join us in Boca at the Symposium: https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2023#/?affl=FinancialSurvivorNetwork
Visit Rick at: https://ruleinvestmentmedia.com
Visit us at: https://FinancialSurvivalNetwork.com
Kerry and guest Charles Lubar discussed Lubar's journey from working for the IRS to representing celebrities and moving to Kenya to start a business. Lubar shared his fascination with music and his involvement with the 4th and 5th generations of Yo Hung Nepo M kmo. He also talked about his decision to leave the IRS and move to Kenya with his wife and daughter, the challenges they faced in building houses and getting into small-scale manufacturing, and the partner's sudden death that led to the government distributing the assets to miscellaneous African creditors. Despite the difficulties, Lubar believes that taking risks and experiencing new things made his journey exciting and worthwhile.
The conversation also touched on Lubar's work with foreign entertainers in London, his involvement with Michael Jackson's concert in the UK, and how he helped Michael Jackson acquire the Beatles catalog and other catalogs with pretax money. Lubar explained the technical details of the transaction and how it worked better for Michael than it would have for Paul McCartney. Additionally, he discussed the foreign side of creating partnership structures that worked better than corporate structures for Americans doing business outside the United States. The meeting also highlighted CGL's expertise in handling unique situations and their dedication to helping their clients.
Martin Turenne, CEO of FPX Nickel (🇺🇸FPOCF -- 🇨🇦FPX) provided a sponsor update. The company is currently sitting on C$32 million with a good likelihood of more coming. C$16 million came in via an investment by giant European stainless producer Outokumpu. An additional C$2 million arrived via FPX’s confidential investor, to maintain its %9.9 FPX share.
Martin also discussed the significance of FPX’s newly formed global generative exploration alliance with Japan Organization for Metals and Security (“JOGMEC”), which aims to build on the successes of the Baptiste Nickel Project by identifying new large-scale awaruite nickel deposits worldwide. In furtherance of this agreement, Keith Patterson joined as VP of Exploration. He’s a seasoned mining company executive with vast exploration experience.
Martin had previously scoured the planet looking for awaruite deposits similar to Baptiste. These deposits are found in many countries; Martin has already identified the most promising targets for future acquisition. Now that FPX has proven that awaruite deposits are economically feasible, these projects have enormous upside potential.
FPX’s future is looking bright. Retail investors are starting to catch on as witnessed by the recent share appreciation. Interest among OEM’s and other nickel consumers is building. The company is moving to release its preliminary feasibility statement in September and this could well spark an explosive phase in the company’s growth.
Company website: https://FPXNickel.com
During the meeting, Kerry Lutz interviewed Kevin Jefferson, a seasoned forex trading pro, who shared his success secret and how anyone can do forex trading and earn passive income. Jefferson's company, FM Trades Com, presented their passive cash flow creation system, which involves using prop trading firm capital and FMTrades' expertise as a trader to build cash flow for members without them having to invest their own capital or do the work themselves. Members pay an annual membership fee of $15,000 and receive about $6,000 to $7,000 a month in passive cash flow, with the goal of earning $50,000 to $60,000 a month in 18 to 24 months. FMTrades also discussed his trading philosophy and approach, where he is agnostic about the market and only looks for opportunities, trades only the British pound versus the Japanese yen, and is a discretionary trader who believes that the human element is important in trading. Visit Kevin's Facebook here Kevin Jefferson Visit Financial Survival Network here FSN
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The Fed "paused" but didn't stop? What does that mean? Are we there yet? Stocks tanked on Friday. Europe might be a big story in 2H. Recession, spiking interest rates, German deindustrialization. China meltdown continues, where will it end? San Francisco is failing, the laboratory of democracy. Violence over the weekend across the country was stupefying. Trump indictment backfires, majority of country see it as politically motivated. The Biden recordings might be a huge deal. Or they might be buried by the MSM. The Rogan/Kennedy/Hotez thing is hilarious. John Rubino and Kerry Lutz discussed a range of topics, including the Fed's decision to pause interest rate hikes, Europe's financial crisis, China's real estate bubble, San Francisco's real estate market, endless war, Rfk Junior's popularity, and conspiracy theories surrounding JFK's assassination. They also shared personal updates and discussed future plans. John argued that the Fed's decision to pause interest rate hikes is not necessarily good news, and they analyzed Europe's financial crisis, including the new green deal and its potential consequences for the economy. They also discussed China's real estate bubble, which is bigger than Japan's in the 90s and the US bubble in the 2000s, and the consequences of lockdowns in China. They touched on San Francisco's poor management and the issue of violence across the country. They reflected on the prevalence of war in US history and the potential for a nuclear war, as well as Rfk Junior's popularity and his take on vaccines and corruption within the healthcare establishment. Finally, they delved into conspiracy theories surrounding JFK's assassination. Visit John at: https://rubino.substack.com Visit Kerry at: https://FinancialSurvivalNetwork.com
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Gerald Celente and Kerry Lutz discussed various topics, including the dangers of the military industrial complex, the negative consequences of US interventions in other countries, the state of the economy and real estate trends, and the JFK assassination. They criticized politicians on both sides for supporting war and sending money to Ukraine while the country's infrastructure is falling apart. Celente predicted that the equity markets would crash due to the building bust rate and high vacancy rates in office buildings, which would affect various financial institutions. They also discussed the need for diplomacy over military interventions and the lack of major peace movements in the country.
Check out Trends Journal at: https://TrendsJournal.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Noted cycle analyst Eric Hadik joined us for a market overview. He believes the dollar will stay close to its current range for a protracted period of time. Interest rates have peaked and are heading lower, perhaps in anticipation of the coming election cycle.
What affect this will have on housing is yet to be determined. Rates look like they are staying higher than they were during the housing bull market.
Gold should have a pullback soon and then proceed higher. Depending upon the extent of the pullback, they could go substantially higher.
Oil should see higher prices coming after its current consolidation.
Bitcoin could see a major increase come July, if it manages to stay above the $25,000 range that it's currently occupying.
A very interested and detailed look into the markets.
Visit Eric at: insiidetracktrading.com
Federal Reserve – to hike or not to hike Pause is expected – further notes after the release of the interest rate move Bullish stocks, low bond yields and recovering housing market suggest interest rates aren’t that restrictive The Fed’s mission has been to get interest rates high enough to slash inflation from its current 4% to 5% range to 2%, even if that means pushing the economy into recession and unemployment higher. If the Fed had succeeded, you probably wouldn’t be seeing these things: stocks entering a new bull market, a rebounding housing market or long-term Treasury yields well below the inflation rate. Typically, when the Fed raises short-term rates, stock prices fall, and long-term bond yields and the dollar rise. That’s what happened for the first six months of Fed tightening in more or less textbook fashion. But since October, all have changed direction. The S&P 500 is up 22% since last fall’s low. This reflects rising earnings forecasts and excitement about artificial intelligence Behind the rally in stocks is a belief that inflation will soon plummet as pandemic-related distortions of prices for new and used cars, apartment rents and houses all reverse. Then the economy will slow due to rate hikes and eventually the Fed will cut rates. Banks are tightening lending – GDP grew 1.6% (lower then long term run rates) unemployment rose to 3.7% Yet somehow we continue to see the economy moving forward. Markets are pricing in a high probability that central bank policymakers will “skip” — an expression they generally prefer to “pause” — at this month’s meeting as they digest the impact of 5 percentage points worth of increases going back to March 2022. Not an end Inflation is dropping – good sign 4% y over y probably cemented the decision to pause Stop to evaluate – what do the post meeting minutes say? The details are important Are they leaning towards raising rates further? – likely to see a rate hike in July 25-26 meeting. What happens with GDP. Continued improvement or a “shallow recession”. A pause recognizes that there’s a lag between what we do and when it shows up in the economy and inflation. What does Powell say at the press conference – probably committed to continued lowering inflation and keeping the hiking door open. Most likely no comment about July move. Finding the balance between enough aggression to bring down inflation while not tanking the economy is the Fed’s ultimate goal. History suggests that central banks that pause usually commence hiking soon after they discover that inflation hasn’t been vanquished a recession remains the most likely case for most economists. The risk in continuing to raise interest rates is something will break more structurally than it has so far Then they would have to lower interest rates if they cause a recession. In the past, we’ve had very few periods where the fed funds rate went up then plateaued. Usually, the Fed overdoes it
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During the meeting, Kerry Lutz and Aaron Clary discussed the benefits of getting off the societal support and validation grid by building your own home. They argued that this approach could provide economic opportunities and valuable skills, and could be a solution to the housing crisis. They also discussed the potential mental benefits of opting-out of society and rediscovering oneself, but acknowledged that not everyone will participate in this trend.
Aaron suggested that young people should consider building their own homes instead of pursuing higher education, and mentioned the hurdles that come with this unconventional approach, such as the cost of land and the need for skills in carpentry and home repairs. Kerry shared a personal anecdote about fixing a toilet and encouraged listeners to take on household repairs themselves or find a handyman to save money. They also discussed the potential for creative financing, such as rent-to-own, and the availability of resources like YouTube for self-instruction.
In the wrap-up of their interview, Kerry and Aaron discussed where to find Aaron's work and had a brief personal chat about South Dakota and Aaron's personal life. The tone was friendly and casual, with both speakers expressing pleasure in talking to each other.
Visit Aaron's YouTube: https://www.youtube.com/@AaronClarey
Visit FSN at: https://FinancialSurvivalNetwork.com
Kerry Lutz and Eddie Gifford analyzed the latest CPI and PPI numbers, highlighting the potential for stagflation and its impact on the markets. They also discussed the ongoing FOMC meeting and the possibility of a hawkish stance from the Fed. The role of AI in investment portfolios was explored, with an emphasis on the need for interpretation of AI-generated inputs. Additionally, the importance of having a well-defined investment strategy with an exit plan and risk management in place was emphasized. They suggested dollar-cost averaging and building a position over the next 12-18 months, with profit targets and stops in place. The current state of the market was also discussed, with the suggestion that volatility is around the corner, making it important to have a plan in place.
During the meeting, Kerry Lutz interviewed Joseph Gradante, the Founder of Allio Finance, about the company's mission to democratize access to sophisticated investing strategies. Alio Finance uses an AI-powered investment engine that utilizes machine learning and future forecasting to optimize portfolios, providing users with a flexible and affordable investment experience. The interview covered the technology behind the engine, the cost to users, and the potential impact on the market, as well as the importance of financial literacy and taking ownership of one's financial future. Links: Visit Allio Finance - alliofinance Visit Financial Survival Network - FSN
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Economic historian extraordinaire is with us today to explain the credit bust, where it's heading, where we're going, and put it in historical perspective as well. As Bob explains, this credit/economic bust is just like all the others, only potentially much worse. This is great news for the US Dollar and eventually gold. But it's bad news for tech stocks and the rest of the economy. Bob believes that this ultimate credit bust will lead the world to head back to a gold stand and that's a good thing. Gone will be the days of financial engineering by the world's inept conflicted and compromised central bankers. Sound money is just a digital printing press away. Visit FSN and subscribe to our newsletter: https:/financialsurvivalnetwork.com
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During the meeting, Kerry Lutz and Eddie Seidel discussed the recent job numbers and consumer credit. Eddie pointed out that the added jobs are lower paying and without benefits, and they discussed the potential impact of high levels of consumer credit on the economy. Eddie suggested being cautious with investments and hedging in sectors such as manufacturing, energy, and utilities. They also touched on the narrowness of the market and the potential for a come-to-Jesus moment with valuations. Eddie suggested that the economy may not be as strong as people are touting it to be, and that the feds may take a pause or skip an interest rate increase. They also discussed the potential impact of inflation and the importance of being cautiously optimistic.
Visit Eddie at: https://EGSIFinancial.com
Visit FSN at: https://FinancialSurvivalNetwork.com
During the meeting, Kerry Lutz and John Rubino discussed various economic and political issues. They talked about the possibility of Europe being in recession due to revised data and how it could affect the ECB's policies. They also discussed the potential triggers for the next recession, such as the student loan crisis and predatory practices of credit card companies. The real estate bubble in China and the impending crisis that is likely to occur due to massive youth unemployment and defaults on mortgages was also highlighted, along with the potential impact on the global economy. Find John Here FSN
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Addison Wiggin was with Kerry to discuss a broad range of topics related to finance and economics. They talked about the importance of understanding big trends and positioning personal money accordingly, as well as the mistakes made during the boom and the importance of good investment practices. They also discussed the causes of inflation and how it is impacted by the reserve currency of the world, arguing that inflation is primarily a monetary phenomenon and that the Federal Reserve's policies have a global impact. The speakers also discussed the problems with cryptocurrencies, including the collapse of FTX and the involvement of the SEC in investigating crypto fraud. They agreed that cryptocurrencies lack many of the principles of currency and are not a medium of exchange per se'. Additionally, they talked about the psychology of financial markets and the importance of self-regulation, noting that the dopamine rush that comes with boom profits in financial markets makes it very difficult to self-regulate, especially for inexperienced investors. Free Report Anatomy of a Bust: https://jointhesessions.com/fsn/ Link to Addison's Show: https://jointhesessions.com
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Bob is an experienced franchise consultant who provides personalized guidance and support to clients throughout the entire process of Franchise evaluation, financing, and acquisition. Having spent over 30 years in franchise development and consulting, Bob has a deep understanding of the industry and is committed to helping people achieve their personal and financial goals through franchise ownership.
Bob’s expertise includes identifying his clients’ goals and preferences, researching and selecting the right franchise opportunity, helping with financing options, and navigating the legal and operational aspects of franchise ownership.
Through his decades of experience, Bob has developed strong relationships with both franchisors and franchisees, and he is known for his exceptional service and commitment to helping his clients make informed decisions that align with their unique goals and aspirations.
Whether you’re looking to exit your corporate life or explore semi-passive franchise opportunities, Bob is here to help you find your perfect match and create a brighter future for you and your family. With his guidance and support, you can achieve the greatest level of satisfaction and success through franchise ownership.
SUGGESTED INTRODUCTION:
Meet Bob, one of the nation’s top franchise consultants, who is passionate about helping people achieve the greatest level of satisfaction and success through franchise ownership. With years of experience guiding clients toward top-performing franchise brands, Bob provides personalized guidance and support throughout the entire process of franchise exploration. Whether you’re looking for an exit strategy from corporate life or a semi-passive opportunity, Bob is here to help you find your perfect match and create a brighter future.
INTERVIEW TOPICS
- Why Investing in Franchises Outperforms Real Estate Investment
- Top Franchise Opportunities That Generate Lucrative Returns for Under 200K
- Part-Time Wealth Building with Semi-Passive Franchise Investments
- How To Find The Perfect Franchise Fit
- Can You Sell Your Job?
- Insider Secrets of Successful Franchise Investors
- Franchise Scaling Strategies for Creating Multi-Generational Wealth
CONNECT WITH BOB * Email: Bob@FranchiseWithBob.com Phone: (610)506-0002
Linkedin: in/robert-bernotas-a62290102
Visit Bob at: https://FranchiseWithBob.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Jim Masiello, the founder of insurance giant SIAA, had banks and the IRS come after him for tens of millions of dollars. He fought them for two years and was able to negotiate a deal with the IRS to pay $400 a month for ten years, which ended up being $48,000. He learned that hard work and persistence can pay off and that it is important to build relationships in business. Get the book at: https://www.amazon.com/Screw-U-Memoir-Jim-Masiello/dp/1958729396 Visit FSN at: https://FinancialSurvivalNetwork.com
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Dave Dubeau helps real estate investors access private capital to grow their portfolios. He recommends bringing on a joint venture partner to share in the risks and rewards of a deal, and suggests getting featured on podcasts to show their network that they know their stuff. He also advises to keep deals simple and to educate their network about the benefits of investing in real estate.
Dave Dubeau recommends real estate investing as a long-term investment, citing its many benefits such as cash flow, mortgage pay down, forced depreciation, and multiple exit strategies. He also warns against making mistakes such as showing off the best deal ever and soliciting capital online, which can be illegal. He suggests getting an expression of interest from potential investors to increase the chances of them investing.
Kerry Lutz and Jeremy Cordon discussed Gold Backs, a form of commodity money that is split into a thousand pieces and wrapped in a protective layer to make it nearly impossible to counterfeit. Nearly half of all small businesses approached are interested in accepting Gold Backs. Since 2019, they have become the most successful local currency in American history. They are worth four dollars each and have a 5% spread on them, tighter than silver.
Gold Back Inc. has created a product that is a series of local currencies that are tied to the Uniform Commercial Code and are exchangeable for a gold eagle. It has been sold on every continent except Antarctica and has added three quarters of a million people to the gold market in the past few years. It is sold by big metals dealers and online retailers, and more information can be found at www.GoldBack.com.
Visit GoldBack at: https://GoldBack.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Russell Stone discussed the current state of the economy with Kerry Lutz on the Financial Survival Network. He believes that the Consumer Confidence Index is a hiccup and that the market is trending down due to the decrease in used car prices, real estate prices, and unemployment. He suggests that people should have a base of their portfolio in precious metals and money market accounts that only buy T-bills. He believes that the US government is in trouble due to its debt and unfunded liabilities and that the day of reckoning is coming. He suggests that people should pull out unnecessary money from the market, buy low and high, and pay off debt. He believes that the deflationary cycle is underway and that the government will have to write off some debt in order to get the economy going.
Roei Ganzarski's company Alithieon has developed a technology that enables authentication and verification of items without the need for etching, serial numbers, or any other form of identification. This technology uses a feature print to identify items with just a camera. BMW is the lead investor in the company, which has over 45 patents and is already being used in five distinct segments, including luxury goods, collectibles, transportation, DOD, and pharmaceuticals. The technology is robust enough to identify items even after they have been altered or scratched, and can even identify counterfeit items. The company is currently privately held, but hopes to go public in the next 24 months.
Visit Alithieon's site at: https://alitheon.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Wayne Zell, a CPA and attorney, discussed the importance of having an exit plan in place when starting a business. He recommends creating a revocable trust to avoid probate and to maintain control of the business. He also suggests having a management succession plan in place to ensure family harmony and to benefit the community. Wayne also advises entrepreneurs to make time for their passions outside of work and to plan for the future after exiting the business.
Visit Wayne at: https:/waynezell.com
Visit us at: https://FinancialSurvivalNetwork.com
Jordan Roy-Byrne agrees that the market often seeks to frustrate the majority of participants, especially in the precious metals and mining stocks, particularly the juniors. He believes that gold will break out above $2100 when the economy moves towards a recession and the Fed is forced to ease policy. This could happen as soon as September or as late as winter.
Jordan Roy-Byrne discussed the current state of the gold market, noting that gold needs to break out above $2100 for there to be a real bull market in the sector. He also noted that patience is needed, as the recession and the 2020 elections will likely play a role in the gold market's performance. He also mentioned his publication, The Daily Gold Premium, which provides content and analysis on the gold market.
Visit Jordan at: https://TheDailyGold.com
Visit FSN at: https://FinancialSurvivalNetwork.com
Christina Curtis believes that success is no accident and that it requires getting comfortable with being uncomfortable, managing cognitive dissonance, and setting up a regiment that brings out one's best. She also suggests that eating healthy food can help increase productivity.
Christina Curtis discussed the importance of exercise and fasting for optimizing mental acuity and building confidence. She also discussed the power of visualizing success and creating a regimen for the brain and body to be at its best.
Visit Christina at: https://curtisleadership.com/
Visit FSN at: https://FinancialSurvivalNetwork.com
David Erfle and Kerry Lutz discussed the differences between the price of metals and stocks, and how the lack of retail investors in the sector has allowed for manipulation of stock prices. They also discussed the debt ceiling and how it is used as a political tool, and how it is ultimately meaningless.
The also talked about the current state of the market, the effects of inflation and deflation, and the importance of being patient and accumulating quality juniors. David explained his service's ability to help identify the right stocks and keep investors informed about the sector. Lastly, they discussed the Precious Metals Summit in Colorado in September and that both of them would be attending.
Visit David's site at: https://JuniorMinerJunky.com
Visit us at https://FinancialSurvivalNetwork.com
Kathleen Day has written a book about the history of financial crises in the US, which have been occurring since the founding of the country. She explains that while deregulation can be beneficial, it must be accompanied by increased oversight to prevent crises. People tend to forget the lessons of the past and take more risks when other people's money is at stake. The reserve requirement is meant to protect against liquidity crises, but if the demand for deposits continues, banks can still become insolvent and taxpayers must pay the price.
Kathleen Day discussed the similarities between the financial crisis of the 1980s and the current situation, noting that both had to do with inflation and interest rates. She also discussed the role of the government in regulating banks and the need for stress tests for all size banks. Lastly, she discussed the dangers of moral hazard and the need for banks to be conservative in their investments.
kathleenday.com
FSN
Michael Pento believes that the Fed's rapid rate increases have caused a banking crisis, and that the Fed's actions have created an artificial construct that will lead to a deflationary recession/depression followed by runaway inflation. He predicts a 30-50% drop in equity averages and suggests investors play it safe by collecting dividends in a safe manner.
Michael discussed the unsustainable levels of global debt and the potential for deflation and a depression if the Fed does not take action to reduce debt levels. He believes that inflation is not the answer and that the middle class will suffer if it continues. He suggests that the Fed should reduce the balance sheet and remove the gamblers from Wall Street in order to create a healthy economy.
Key Topics discussed:
- Discussion of the Impact of the Fed's Rapid Rate Increases on the Banking System
- Impact of AI on the economy
- The effects of inflation on the economy
- Discussion of the Political Power Struggle in the US
- Global debt is unsustainable with high interest rates and inflation.
- Impact of Federal Reserve and Treasury policies on the economy
- The need for a vibrant and healthy middle class
Visit Michael's site at: https://PentoPort.com
Visit FSN at: https://FinancialSurvivalNetwork.com
John Rubino is concerned that automation and government debt will lead to a collapse of the current system, and suggests that people should move their money into assets that cannot be inflated away. He also suggests shorting certain stocks and buying long-term options as a way to make money from the collapse. Kerry Lutz suggests using inverse ETFs and buying puts on the Housing Homebuilders ETF as other ways to make money. He also mentions a drug, Amg tide, that could help people with addictions to consumerism.
John Rubino and Kerry Lutz discuss the potential implications of a drug that could cure addiction, including the potential for a global depression, a universal basic income, and a civil war between the boomers and the millennials. They also discuss the Bilderberg Group and the possibility of Elon Musk being co-opted or assassinated.
John Rubino believes that leading economic indicators are flashing red, predicting a major recession coming, and that commercial real estate is a mess. He also believes that China's Belt and Road initiative has resulted in them taking over infrastructure in the developing world, and that the US has a history of exploitation and economic imperialism.
Debt limit drama is ridiculous. They do this every time. The ultimate Kabuki. The limit has been raised 78 times by both parties.
Lots of signs of a slowing economy
-- Leading indicators index is in pre-recession territory.
-- Commercial real estate continues to crater.
-- Home sales are down 23% year over year.
-- Home Depot just reported really bad numbers.
US might send fighter jets to Ukraine. Major escalation.
Gold and silver are down. Is this the end of the run or just a correction
NYC lost 5.3% of its population — nearly a half-million people — since COVID, with most heading South
Bilderberg Group meeting underway in Lisbon includes heads of ChatGPT creator OpenAI, Pfizer, Microsoft, Goldman Sachs and… Stacy Abrams
Overseas, China springs the debt trap on loans to a dozen countries a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia are finding out there China is a very unforgiving lender.
Read John’s work at: https://rubino.substack.com
Visit us at https://FinancialSurvivalNetwork.com
America just refuses to face reality and that means that the dollar will continue to lose value and more and more money will be tossed into the furnace. Politicians are much more willing to feed the inflation beast than they are to fix the underlying problem of out of control spending. And it's not a matter of parties. It's matter of always taking the easy way out. After all, in current day America, a politician's primary responsibility is to get reelected every 2-4-6 years Until that changes, nothing else will change.
Visit Brad's Site: https://askBradWilliams.com
Visit us at: https://FinancialSurvivalNetwork.com
Wolf Richter summarizes that the economy is a mix of different sectors, with some doing well and some struggling. Consumers are still spending, but the banks are facing high interest rates and the commercial real estate sector is facing repurposing and foreclosure. The auto industry is seeing a decline in sales, but Tesla is still doing well.
Tesla is shaking up the auto industry by cutting prices and building production capacity in large amounts, forcing legacy automakers to compete on price. This is good for industrial America and consumers, but bad for automakers as sales of internal combustion engine vehicles are at levels not seen since the 1970s. Electric utilities are also benefiting from increased electricity sales.
Wolf Richter and Kerry Lutz discussed the current state of the financial system, with Wolf noting that the economy is adjusting to higher interest rates and that banks are struggling with them. They also discussed the possibility of the Federal Reserve cutting rates and the potential impact it would have. Wolf concluded that the economy will muddle through and that it will be many more years before autonomous driving is widely available.
Visit Wolf's site: https://wolfstreet.com
Joe Robert is investing in two different areas, one being real estate in the Outer Banks of North Carolina and the other being Web 3, which is the next software evolution that allows for peer-to-peer transactions without intermediaries. He believes that now is a good time to invest in Web Three as people are scared away from it due to the over leveraged companies that have blown up. Examples of Web 3investments include Bitcoin and Ethereum.
Joe Robert and Kerry Lutz discussed the impact of Fed Now and other digital assets on the Ethereum blockchain. They also discussed the potential of utilizing technology, AI, and no-code applications to make businesses more efficient and increase sales. Lastly, they discussed the possibility of acquiring businesses with outdated management and technology to upgrade them and increase their value.
Dana Samuelson, founder and president of American Gold Exchange, joined Kerry Lutz on the Financial Survival Network to discuss the current state of the gold market. He believes that gold is consolidating around the $2,000 mark and that the key to the gold market is the value of the dollar relative to other currencies. He believes that if the Fed is forced to pause, gold has the potential to increase by 10-15%. He also believes that the global debt crisis is unsustainable and will eventually lead to the devaluation of fiat currencies. He believes that gold is the currency of last resort and will be a great hedge against the loss of purchasing power of the dollar.
AEG Website: https://amergold.com
FSN: https://FinancialsurvivalNetwork.com
Kerry Lutz and Michael Markowski discussed the possibility of a Great Depression due to a decrease in auto demand, the cost of manufacturing cars, and the slowing of cash flows for the biggest companies. They also discussed the inability of the US government to print money to mitigate the situation due to inflation.
Michael Markowski discussed the regional bank crisis and how it is further causing a depression. He suggested investors stay cash heavy, invest in government bonds with a double A plus credit rating, and consider long short hedge funds to generate higher returns in volatile markets. He also recommended signing up for his website AlphaTack for access to his latest reports and updates.
Visit Michael at https://alphatack.com
Visit us at https://FinancialSurvivalNetwork.com
The debt ceiling is a political bargaining chip used by both parties to get their desired outcomes. It is inevitable and does not have to be a bad thing, as long as it is kept under a certain percentage of revenue. The disruption to the monetary system will come from digital currencies, which will be backed by a military and government. The US is relatively stable, but the next 3-6 years will be volatile and rocky due to the economic downturn and Covid. Individuals should prepare for this by being aware of the situation and taking necessary precautions.
Carl Gould advises to buy assets at a discount and manage for cash flow during volatile times. He suggests investing in marketing and brand building, and for employees to show their boss how indispensable they are and be willing to come back to the office. Elon Musk's advice to go back to the office is also a sign that it's time to do so.
Find Carl at https://carl360.com
Visit us at https://FinancialSurvivalNetwork.com
Jim Welsh believes that the coming secular bear market has already begun and that it will be worse than the 1966-1982 period. He bases this on factors such as debt, demographics, and the risk of war. He believes that the economy will slow in the second half of 2021 and that the market will follow, leading to lower returns for investors. He suggests that investors take advantage of opportunities and be prepared for a hard landing.
Jim Welsh discussed the FOMC's plans to pause raising the funds rate, the tight labor market, and the potential for gold and treasury bonds to rally in the near future. He also discussed the potential for a recession and the global housing bubble.
Visit Jim's site: https://macrotides.com
Visit us at: https://FinancialSurvivalNetwork.com
Gordon T. Long believes that the banking system is in an extinction event and that the Fed's reduction of interest rates may initially create excitement, but will eventually break down. He also believes that the dollar is currently a safe haven, but that risk premiums on bonds will push interest rates up to 4%, and that the Fed is trying to buy time to prevent a hard landing recession.
Gordon T. Long discussed the potential of artificial intelligence and the potential for job losses due to automation. He also discussed the potential for new technologies to come from other countries, and the need for America to invest in new technologies to remain competitive. He also discussed the potential for AI to be used for academic dishonesty and the need for self-awareness in AI for it to be truly useful.
Gordon's site: https://matasii.com
Visit us at: https://FinancialSurvivalNetwork.com
Kerry Lutz and Nick Santiago discussed the choppy markets and the banking crisis, noting that the central banks are likely to introduce a digital currency in the near future. They also discussed the recent dip in gold and silver prices, and the possibility of a nominal high for Bitcoin before it begins to decline. Finally, they discussed the possibility of the central banks offering incentives such as toasters and TVs to encourage people to open accounts with the new digital currency.
They also discussed the commodity super cycle, the Federal Reserve, and the potential for AI to take over jobs. They stressed the importance of owning precious metals as a way to prepare for potential chaos due to high unemployment. They concluded by discussing the potential of AI and the need to think outside the box.
Summary Former FBI Agent and #1 non-verbal communication expert in the world, Joe Navarro joined Kerry Lutz to discuss the importance of self-mastery. It includes the ability to fulfill obligations, focus on what needs to be done, moderate emotions, and be honest with oneself. They also discussed how failure can be used to learn and grow, and how it is important to be able to control emotions when dealing with difficult people.
They also discussed the importance of mastering oneself in order to effectively communicate with others. They covered the differences between men and women in terms of communication, and the importance of understanding the needs, wants, desires, and preferences of each individual. They also discussed the power of nonverbal communication and how it can be used to assess for danger and safety, as well as to communicate empathy.
Key Topics
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Mastery of Self is the Key to Exceptionalism
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Dealing with Difficult People Effectively
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Dealing with Sociopaths and Narcissists
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Exploring the Role of Nonverbal Communication in Interpersonal Relationships
Visit Joe's Site: http://joenavarro.net
Our site: https://FinancialSurvivalNetwork.com
We sat down with Regenx Tech’s (🇺🇸RGXTF -- 🇨🇦RGX) CEO Greg Pendura and USA Division President Rick Purdy for a sponsor update. They are moving quickly towards a production start at their flagship Tennessee plant. Their proprietary process which takes discarded diesel catalytic converters and extracts platinum, palladium and rhodium was proven out in their pilot plant and is well on its way to commercial production. Once operational, it will recover up to 3000 grams per ton of plat/pal. With an expected processing rate of 2.5 tons per day, the numbers quickly add up. They will be printing money.
Their close relationship with industry leader Davis Recycling assures that they will have a near inexhaustible feedstock supply. They’re already planning for three additional modules at the site. Capex will be lower than the initial module and costs will also be less as economies of scale kick in. The process is being continually refined and recoveries are expected to increase to well over 90%.
Currently 6 people are working at the plant. Once it’s fully operational that number will increase to 15. The company has received a highly positive reception from state and local authorities. Everyone is firmly committed to reducing hazardous materials that find their way into increasingly scarce landfills.
Once the system is in place, it is easily scalable and replicatable. Pendura foresees a global network of plants all churning out consistent profits. The benefits of reducing toxic discharges into landfills will be meaningful; which is why we’re shareholders.
Company website: https://Regenx.Tech
Dave Valentine is an entrepreneur and business owner who owns seven different companies. He believes in creating outrageous offers and focusing on marketing and sales ahead of time. He has created a program called the Dream Agency Quest to help other business owners scale their agencies. He advises to focus on one service or industry, prioritize lead generation, and enjoy the process.
Dave Valentine Discusses Scaling Up an Agency and Prioritizing Lead Generation
* Creating outrageous offers * Delegation and trusting others * Scaling up businesses * Prioritizing lead generation
Got to Dave's site @ https://DaveValentine.co
We received an update on Prospera Energy (🇺🇸TRBMF -- 🇨🇦GXRFF) from CEO Samuel David along with some valuable feedback from White Tundra’s Shubham Garg. The recently released resource report shows that Prospera’s reserves grew 50 percent last year. Production held steady during the very cold months of winter at the company’s Alberta and Saskatchewan fields.
CEO David believes that 2023 will be a transformative year and production could double if circumstances go in Prospera’s favor. That would be a near 50-fold increase from when David took over the company In addition, acquisitions are very much on the table and being actively pursued by the company.
The 2023 drill program will get underway in the summer, with 18 wells being drilled. With the increasing reliance on tech to maximize recoveries, strict reservoir management is more important than ever. CEO David’s strategy is to bring new wells on stream gradually and increase output once the scope of the reservoir is fully understood. This patient process will ensure these new wells produce for decades at extremely low decline rates, all while seeing production costs decline and profits increase.
Garg summed this up quite well stating, “Prospera is now in the escape velocity out of Earth and once you get into low orbit, it's a lot easier to get into high orbit from there. It is just the way physics and science works, and it applies to reservoirs as well.”
And we as shareholders in Prospera agree that the merger of technology, reservoir management, new efficiencies and the utmost respect for the environment will see the company reach new heights in 2023.
Company website https://prosperaenergy.com
Shubham’s website https://whitetundra.ca
Johnny Wolff of www.livehomeroom.com discussed his business, which provides investors a means of renting out homes by the room rather than by the entire home. He explained that this can result in up to 50% more rent and that the average tenancy length is 16 months. He also discussed the key demographic of 18-35 year olds, who are looking for a more flexible and social way to live that is also more affordable. He also discussed the services they provide, such as roommate screening, judgment searches, evictions, and criminal record searches.
Johnny's site: https://LiveHomeRoom.com
John Rubino explains that regional and local banks are still facing a banking crisis due to bonds on their balance sheets and commercial real estate losses. He also discusses how the experts have failed to manage the economy, leading to instability and mistrust. Finally, he suggests that markets should dictate policy instead of dictators.
John Rubino and Kerry Lutz discussed the potential of a movie script featuring two presidential candidates running from prison, as well as the implications of Fox News firing Tucker Carlson, who was a popular truth-teller. They also discussed the possibility of Carlson leaving Fox to make more money and the potential of a three-letter agency being involved in JFK's assassination.
Fox News made a risky decision that cost them billions of dollars, which suggests they had a compelling reason for doing so. Tucker Carlson is likely to leave Fox and start his own media empire, and RFK Jr. is running for president and is polling well. Tucker Carlson and Joe Rogan are more influential than mainstream media, and a debate between RFK Jr. and Donald Trump moderated by Tucker Carlson could be a pay-per-view event.
John's site: https://rubino.substack.com
Kerry's site: https://financialsurvivalnetwork.com
and the effects of quantitative easing on inflation. They also discussed the importance of liquidity and paying down debt, with a focus on low interest rate debt.
Kerry Lutz and Edward Siddell discussed the potential benefits of investing in solar energy, as well as other strategies to save money, such as bulk shopping and buying from local farmers. They also discussed the potential pitfalls of fast food and processed foods.
Eddie's site: https://EGSIFinancial.com
FSNB: https://financialSurvivalnetwork.com
Tyler Nicholls created the Kudosy app to teach financial education to people of all ages. The app is designed to be fun and engaging, and to help families learn financial principles together. It has been in use for five years and has a perfect five star rating. It is available on the Apple App Store and will soon be available on Android. Tyler and Kerry discussed how the app can help families, and how it is a more effective way to learn financial principles than traditional methods.
Links
https://kudosy.com
https://FinancialSurvivalNetwork.com
We received a major sponsor update from Torq Resources’ (🇺🇸TRBMF -- 🇨🇦TORQ) Chief Geological Officer Michael Henrichsen. The news was beyond good. Torq just identified 7 porphyry targets at their Santa Cecilia project, several of them are at or near surface. Now the issue is where to drill first. Henrichsen says they’ll start with the targets closest to surface. That way Torq can get the most out of its current 15,000-meter drill program. Henrichsen is flying to Chile to personally oversee the next moves.
The project owes much of its success to Torq’s top notch Chilean team. They were able to facilitate and close the Santa Cecilia acquisition during the height of the pandemic. They hit the ground running and results are coming in. There’s good reason to be excited. In 2012, two holes were drilled. One yielded an impressive 869 meters of .2% copper along with significant moly and gold presence. The project remained in a dormant state until Torq picked it up. It’s directly adjacent to Barrick/Newmont’s Norte Abierto project. Obviously, the neighbors looking on with extreme interest.
Two drills are already on site at the Cerro del Medio target. Torq is moving fast as the upcoming winter drilling hiatus is near. Henrichsen’s excitement was clearly palpable, “…it's a dream for us to have a project of this magnitude. I mean honestly to have it in a junior is kind of amazing, you know? …we’ve got to manage that, right? Like it's fantastic, but it's also big… We've got to communicate to everybody, like we're going to drill the best, we’ve got to do that work and get that drill in the right place, the sooner the better,” he stated.
More news is ahead as drill results start coming in. Torq is a company moving in the right direction.
Company website: https://www.TorqResources.com
Kerry Lutz and James F Locke Jr discussed the banking sector and the Federal Reserve's role in it. They discussed the potential for a banking collapse and the implications of the Federal Reserve's decision to raise interest rates. They also discussed the potential for stagflation and the role of Congress in controlling spending. They concluded that the Federal Reserve will likely raise interest rates by a quarter point, but that the language used in the announcement will be important. They also discussed the possibility of the Federal Reserve cutting rates later in the year. * + Key Points + Banking Failures + Dodd Frank Legislation + Federal Reserve's Unprecedented Raising of Interest Rates + Inflation and Economic Growth Links:
https://poolelocke.com/about/our-team/ https://FinancialSurvivalNetwork.com
Esther Kuznetz and Kerry Lutz discussed financial health, which Esther defined as not having to worry about bills and having money in the bank for emergencies. They discussed how to measure financial health and how Esther helps her clients build their financial health. They also discussed how some people are in denial about their financial situation and how living beneath your means is the best way to build wealth.
Esther Kuznetz advises her clients to live beneath their means and save money for the future. She also warns against taking money out of 401Ks and suggests investing in stocks and bonds. She recommends being careful when investing and to look out for banks that may be at risk of collapse. Finally, she invites listeners to visit her website for more information.
https://StarFinancialSolutions.com
https://FinancialSurvivalNetwork.com
Joryn Jenkins is an attorney who specializes in family law and matrimonial law. She works to change the traditional system of divorce, which can be financially devastating, by advocating for collaborative divorce. She recounts a story of a client who spent over $250,000 in five years on legal fees and appeals, and emphasizes the importance of settling disputes to avoid litigation.
Joryn Jenkins and Kerry Lutz discussed the difficulties of litigation and the benefits of mediation and collaboration in resolving disputes. They also discussed the importance of finding a middle ground and the need for strong judges to help reduce the backlog of cases. They also discussed the importance of distressing people during the process and the need to remember happier times.
- Changing the System of Divorce
- The collaborative process of resolving disputes
- Avoiding Litigation in Divorce Cases
- The backlog of cases in the legal system
Important Links:
https://JorynJenkins.com
https://openpalm.com
https://FinancialSurvivalNetwork.com
Chris Vermeulen of Technical Trader Ltd. believes that the banking crisis is leading to dark times in the financial markets, with banking stocks collapsing and people moving their money into physical metals like gold and silver. He suggests that people invest in physical metals for long-term security, and that gold and silver could skyrocket if the banking system collapses and people lose trust in paper money. Technical Trader Ltd. believes that a stage four decline is coming soon, which could pull precious metals down, but if gold and silver break out of their current resistance levels, they could experience a multi-year rally with huge returns. He recommends having both gold and silver as part of an investment portfolio to maximize potential returns. Important Links: https://thetechnicaltraders.com https://FinancialSurvivalNetwork.com
Paul Oster and Kerry Lutz discussed new scams and a new rule implemented by the current administration that will penalize creditworthy home buyers and reward dead beats. They discussed skimmers, shimmers, and cameras that are used to steal data from credit cards. They also discussed a proposal that will penalize creditworthy borrowers who are seeking FHA or federally backed mortgages. Paul suggested building new accounts and paying down credit card debt to raise credit scores. Useful links https://betterqualified.com https://FinancialSurvivalNetwork.com
Summary: Kerry Lutz and Craig Hemke discuss the effects of central bank digital currency, the importance of real interest rates in driving gold prices, and the lack of interest in mining shares over the past decade. They explain that negative real interest rates are beneficial for gold, and that the Fed is likely to cut rates, which will cause gold prices to break out. They also discuss how the Fed's rate cuts may not lead to lower mortgage rates, and how the mining sector has been underperforming for the past 12 years. Key Links: https://TFMetalsReport.com https://FinancialSurvivalNetwork.com
Kerry Lutz and John Rubino discussed the current economic situation, which includes high unemployment, plunging lumber prices, and a shrinking money supply. They also discussed the possibility of a dollar shortage leading to deflation, and the potential for a cascade failure in the economy due to the tightening of monetary conditions. They also discussed the peculiar phenomenon of market crashes taking place during holidays. John Rubino and Kerry Lutz discussed the consequences of Germany's decisions to open their borders and invest in renewable energy, as well as China's Belt and Road Initiative, which is a form of capital flight. They also discussed the potential of Rfk Junior challenging Biden in the upcoming election and the implications of Tucker Carlson's firing from Fox News. More signs of a slowdown: — Lenders are still tightening lending standards (Capital One, CarMax) — CRE is tanking. Vornado Realty Trust stock at 27 year low — Pending home sales fell for the first time since November lumber prices crashing. — Layoffs all over the place Lyft, Disney, many more — Oil prices skid — M2 Money supply keeps going down ECB set to raise rates again in early May. — Rates are already way up. Italy 10 year yield is 4.3% — Is this a good time to short European stocks? Fed meets the same week. What happens if they both tighten? Silver swung to a massive deficit in 2022. Is that the same thing as a "shortage" and does it mean higher prices? RFK Jr is running against Biden, and has pretty good initial poll numbers. How will the Dems react? Does the Trump indictment guarantee him the nomination?
Dan Calandro suggests that anyone can make money on Wall Street without a broker by following his 15-stock portfolio strategy outlined in his book, "Lose Your Broker, Not Your Money". He explains that the portfolio is designed to outperform the market averages with less risk, and that it is comprised of stocks from the consumer staples and services industries. Dan Calandro discussed his investment strategy of making decisions based on personal preferences and his example of replacing Exxon with The Southern Company. He also discussed the benefits of investing in electric utilities, particularly in the Southeast and Southwest, and recommended his book "Lose Your Broker, Not Your Money" which can be downloaded at: Lose Your Broker
Kerry Lutz and Dennis Tubbergen discussed the upcoming recession and the implications of the Fed's actions. They concluded that the trend of inflation will likely lead to a deflationary collapse, and that people should prepare for both inflationary and deflationary environments by investing in tangible assets such as gold and silver, and highly rated corporate bonds. Kerry Lutz and Dennis Tubbergen discussed the effects of debt on prices and the potential for a harsh return to reality due to debt defaults. They also discussed the importance of taking control of one's own destiny and preparing for inflation and deflation. Lastly, they discussed the need to take precautions such as stocking up on food and silver coins in case of a financial system freeze up. To get Dennis's free book go to https://revenuesourcingbook.com Visit our site https://FinancialSurvivalNetwork.com
Dee Carter, an expert in the oil patch, discussed the current state of the oil and gas industry with Kerry Lutz. Oil prices have been fluctuating between $77 and $78 per barrel, and natural gas prices are in the low $2 range. There is a divergence between the two prices, and analysts are worried about the economic outlook and the demand for the summertime. Opec countries are scaling back production in May, which will lead to an undersupply of oil and an increase in prices. There is also a large refinery expansion taking place in Houston, which will help offset the downturn in production. Natural gas prices are low due to a warm winter and more people converting to natural gas. Fracking will still be a major factor in natural gas production, but other methods of extraction are being explored.
Go to Dee's website at https://carterfinancial.com
Our is www.FinancialSurvivalNetwork.com
Kerry Lutz and Debbie Bloyd discussed a new rule that would require reliable borrowers to pay a fee for dead beats. They both agreed that it was a stupid and socialistic idea. The rule takes place on May 1, 2023 and no one knows what the fee will be and how it will be used by the government. It's helping to further unsettle the real estate market. Real estate markets have changed over the past year, however, the public's perception and belief that they are entitled to a mortgage to purchase a home has not. Debbie is doing her best to educate the public but feels the message is just not getting through. Looking ahead she believes rates my come down slightly over the next year but that the economy will be in worse shape than it is now. Interesting times ahead. Find Debbie at: https://dlbmortgageservices.com
If you know where the Consumer is going, you will know where our economy is headed. US Consumer Confidence declined in April from 104 to 101. * The survey began on April 3 (about three weeks after the bank failures)
The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—fell to 68.1 from 74.0. * The Expectations Index has now remained below 80—the level associated with a recession within the next year
This type of reading points to Consumers spending less and saving more over the next year. * One thing particularly concerning was that this Survey showed deterioration in expectations for consumers under 55 years of age whose households earned over $50,000. * + This is the group who tends to spend the most money.
IMO, the Consumer is very fearful right now and is starting to brace themselves for the next phase of this Recession… The last leg (Capitulation) is always the worst! Many are expecting a quick down market followed by a recovery over the course of a few quarters. I personally see a much different story developing. * Rate hikes have already done their damage which I believe will lead to a ROLLING Recession that will play out over years of time.
IMO, it would be a major mistake to believe that the Banking Crisis is over… we just finished the first month. * The 2008 Crashes of Lehman and Bear to Fannie and Freddie unfolded over a year's time... we've just finished the first month. * Ex: Local Regionals are responsible for about 70% of lending to Corporations and Commercial Real Estate. * They have far less capital than then before as fears of default have begun and Treasuries are paying so much more and no FDIC limits.
3 Primary Areas that Retirees need to focus on now. 1. Income Planning: I just got back from the UK and the Taxi drivers are telling me that they are choosing between buying food and paying for utilities. 2. 1. Personal CPI is critical… many do not have a Budget and therefore do not understand their Spending Plan 1. The strategies that got us here may leave us very short in retirement. 1. BONDS can lose money in 5 different ways… Would be a really bad thing if Defaults or Chapter 11’s began again like they did in highly rated companies like we saw in ‘08 2. Ex: Buy and Hold had its worst year as both Stocks and Bonds had their worst year next to 2008. 3. Investing: The goal is to Ride Bulls and Tame Bears™ 70-80% of the gain while missing 70-80% of the pain. 1. We have a MAJOR DEBT PROBLEM in the US which is going to result in massive Tax Increases. 1. The goal is to keep as much as possible. 2. What accounts and What amounts that we need to W/D from? 3. Tax Advantaged Investing? 4. Real Estate options… still have a Mortgage? Options with Rentals? 2. Many are not aware that we have 2yrs 8m till the TCJA expires. 4. Tax Advantaged Planning
The point is that the World is Changing and this is not the time to be falling asleep at the wheel. Connect with David at https://myspg.com
We sat down with Holly Morphew to discuss her book, Simple Wealth, which is a guide to creating personal wealth and reaching early financial independence. Holly shared her own experience of going from living paycheck to paycheck to becoming financially independent in her thirties, and discussed her strategies for creating multiple streams of income, including investing in cash-flowing real estate.
Holly Morphew and Kerry Lutz discussed the pros and cons of investing in short-term rental properties, as well as other ways to build wealth and create positive cash flow. They also discussed the impact of the pandemic on the short-term rental market and the need to find creative ways to incentivize cleaners.
Holly's website: financialimpact.com
Purchase her book at: Simple-Wealth-Practical-Transform-Relationship
Summary The Fed is trying to control inflation, but they don't have complete control. People are investing in gold and other precious metals as a safe haven. Diversification is key to success, and the Fdic may not be able to protect everyone in the event of a banking crisis. Johnson Wealth and Income Management discussed the importance of diversifying investments, the potential of a cashless society, and the role of AI in the next financial crisis. They also mentioned the importance of understanding the human element of investing and the need to make conservative, suitable decisions for one's money. Helpful Links: Johnson Wealth Management Financial Survival Network
Summary:
The potential for an intense recession or global financial meltdown increases by the day, and we are living amongst more uncertainty than ever before. How do we make well-informed investments during a time like this, given how unpredictable the economy is? John Jennings, the author of The Uncertainty Solution, tackles this topic in his latest book, and appears in this episode to share his knowledge. Interestingly, he assures us that we should not be preoccupied with predicting the moves of the stock market; nor should we make changes to our investments based on what we think the economy is going to do. Rather, it’s important to acknowledge our uncertainty about the future—drawing upon the financial instability hypothesis—and to make sound decisions in the face of uncertainty. Tune in for more insight. Useful Links:
Financial Survival Network
John M. Jennings
The Uncertainty Solution
Summary: The new CPI number has come out, but what aren’t they telling us? Eddy Gifford joins us in this episode to talk about the ways in which the CPI measurement has changed over time, and how to strategize investments based on this knowledge. Overall, it’s important to diversify your portfolio, and even more important to have an exit strategy for everything you’re investing in. Tune in for more expert insight from Eddy.
Useful Links: Financial Survival Network Tactive Wealth - Eddy Gifford
Summary: John Rubino and Kerry Lutz discussed the implications of the US becoming a "banana republic" and the potential for a global gold standard. They also discussed the trend of governments responding to the coming recession with easing, which could lead to inflation and the decline of fiat currencies. Lastly, they discussed the need for a transparent and verifiable gold-backed currency. Useful Links: Financial Survival Network
John Rubino Substack
Summary: If you’re looking for new opportunities to passively invest, you won’t want to miss this episode. Charles Carillo, a passive investor of numerous asset classes, joins us to talk about a specific sector to keep an eye on in the current economy: real estate. Charles likes investing in inflation resistant industries that are tax efficient, and explains how real estate checks these boxes—making the industry that much more opportunistic. Charles dives into some of his best investments as well as some of the mistakes he made early on, and provides some valuable pointers for those learning about real estate investing. Tune in for more.
Useful Links: Financial Survival Network Harborside Partners
Summary:
The central banks are suppressing gold and silver prices to accumulate physical assets, while the drawdown of supply by the big money is causing a shortage. This is causing people to move away from regional banks and into commercial banks, which could lead to the abolishment of banks and the introduction of a Central Bank Digital Currency.
Andy Schectman and Kerry Lutz discussed the potential for a global financial meltdown due to the exit of allies from the US dollar, and the need to invest in gold and silver to survive and potentially thrive. They discussed the benefits of silver as an investment, and how to buy gold and silver from Miles Franklin.
Highlights:
- The End of the Petro Dollar is Near
* The ramifications of Saudi Arabia moving away from the Western hegemony * The weaponizing of the banking system
Send an email to info@milesfranklin.com to get an up-to-date inventory and to purchase gold and silver.
Useful Links:
Financialsurvivalnetwork.com
milesfranklin.com
Summary:
What do you do to prepare for a recession? Grant Bledsoe comes on the show to address this topic; specializing in financial planning for business owners, he explains a lot of the struggles that businesses encounter when handing their cash. A lot of small businesses struggle with knowing when to take cash out, how much to pay themselves, and how much to set aside for operating purposes. Grant provides useful tips for entrepreneurs and business owners, so be sure to tune in for more information. Useful Links:
Financial Survival Network
Above The Canopy
Today Trillion Energy's (🇺🇸TRLEF — 🇨🇦TCF) CEO Arthur Halleran joined us for a sponsor update and discussed the following key points in Trillion's transition to a major Black Sea natural gas producer:
- How a Mothballed Gas Field Became a Cash Cow
- Drilling and Production of Wells
- Disconnect between gas production and share value
- Expansion Potential for Trillion Energy
Trillion has successfully drilled four wells in Turkey's Black Sea, the process doubling their cash flow. The field is expected to produce natural gas for at least the next 20 years, with plans to drill up to 50 more wells in the future.
CEO Halleran discussed the potential for Trillion Energy to expand their production and acquire adjoining blocks that will leverage its $600 million existing infrastructure. He also discussed the potential for increased reserves and the possibility of capturing higher gas prices in the future.
I still personally believe that Trillion Energy is the most undervalued play I have seen in my 40 years of investing and have been holding on to my shares.
Sign up for notifications at https://TrillionEnergy.com
Ticker symbols: 🇺🇸TRLEF — 🇨🇦TCF
Summary: What skills are essential to becoming a successful entrepreneur? Bestselling author and change agent Aaron Bare comes on the show to inform us about his experience scaling up as an entrepreneur. He shares how he developed an entrepreneurial spirit, acquiring business knowledge from his Father, who opened a Subway franchise. Entrepreneurs today, however, are driven by different ambitions; while revenue is crucial, Aaron points out that a number of people starting their own businesses are motivated by purpose and passion rather than money. Aaron shares a number of useful tips for building strong entrepreneurial habits—which is the mission of his transformational platform for individuals in business. Tune in for more insight.
Useful Links: Financial Survival Network Aaron Bare XMBA
Summary: Dan Thompson joins us in this episode to discuss his learnings from his career as a stock broker, and to talk about how to stop your portfolio from suffering devastating losses. Fed up with the promises of Wall Street, Dan started Wise Money Strategies to offer investors ways to divert from traditional financial planning methods and use assets that produce income. Tune in to hear about some of the buying opportunities that fall within this strategy, and how to successfully leverage these assets.
Useful Links: Financial Survival Network Wise Money Tools
Summary:
Certain markets are getting hit harder than others - will we see another housing crash, financial crisis, or mortgage collapse? That’s the trillion dollar question, and Jason Hartman joins us in this episode to address what’s at stake. Jason describes the different types of markets—naming three major categories and their pricing, which is of particular importance. With the average price of entry level homes going up, the new home market is looking a lot different, and Jason says that distressed sellers will be the necessary ingredient for a real estate crash. Tune in for more information about where the real estate market is headed. Useful Links:
Financial Survival Network
Jason Hartman
Summary:
When it comes to making money in this economy, you can go to Wall Street and hope for the best, or you can look for alternative investments. This episode’s guest specializes in the latter; Jack Krupey sits down with us to discuss some of these opportunities, stressing that it is especially important right now to diversify and capitalize on the existing opportunity. He’s been in real estate for 20 years and experienced multiple crashes and cycles, and says that he does not foresee the same residential real estate crash of ’08 unfolding again. Jack explains some of the trends currently taking place, and names some alternative investment areas to pay attention to as rates go up. Tune in for more insight. Useful Links:
Financial Survival Network
JKAM Investments
Summary:
OPEC is cutting back their supply by 1.6 million barrels per day, and there has been an increased focus on the recent personal consumption expenditure number. Should we be cheering for the inflation numbers, or should we be bracing ourselves for prolonged economic deterioration? Here to discuss this is Mark Falter, the President of Mid-American Wealth Advisory Group, and he contends that we are going to be battling inflation for quite some time—similar to the inflationary cycle from 1965-1982. We’re left wondering how many more times the Fed is going to raise rates, and how much they can actually do to fix the current situation. How does one invest in inflation and create streams of revenue amidst uncertainty in the markets? Tune in to find out. Useful Links:
Financial Survival Network
The Retirement Income Hour
Summary: Tax time is right around the corner; if you run a small business and are interested in receiving employee retention credit of up to $26,000 per employee, you won’t want to miss this episode. Steve Moskowitz sits down with me to discuss the ERC program, which can provide significant grants to businesses of 500 employees or less that have had a drop in gross revenue or experienced a more than nominal reduction in production/revenue due to COVID restrictions. Unlike the PPP, ERC is an unlimited fund, so it will be rewarded to any small business that provides all of the correct documentation and meets the criteria. Be sure to listen in for more details.
Useful Links: Financial Survival Network Moskowitz LLP
Summary: As we prepare for the impending collapse of the global financial system, how much more debt can we tolerate? Murray Sabrin joins us in this episode to discuss the state of the global financial system, noting that the pandemic ultimately caused governments worldwide to spend more money and generate more currency as a result. Murray predicts that we are in another long term inflationary cycle—similar to the one we saw from the 1960s-80s—causing investors to experience immense uncertainty. Tune in for more insight.
Useful Links: Financial Survival Network Murray Sabrin Substack
Summary:
Are banks still lending? How can you get a mortgage loan in the current economy? Mortgage Broker Debbie Bloyd comes on the show to talk about how loan activity has been affected as a result of rate increases and the banking crisis, and she is down to five loans currently—even as an active professional in the field. Drawing from her experiences working with a variety of clients, Debbie stresses the importance of understanding the ramifications of financial and career decisions on your ability to get a mortgage loan. Amidst the misleading reports and rates in flux, it’s crucial to stay informed, so be sure to tune in to this episode for the latest updates on loans. Useful Links:
Financial Survival Network
Layton Mortgage
Summary: We’re always looking for different ways to invest and achieve financial goals, and this episode’s guest provides viable solutions for doing so. Founder and CEO of Pantheon Investments, Dave Wolcott, joins us to talk about developing strategies for investing. In the midst of global reset that has created a highly charged investment atmosphere, it’s crucial to mitigate risk and maximize the opportunities that are arising. Dave describes his company’s methodology, emphasizing the importance of developing a vision that is specific to your personal goals for wealth. Tune in for more insight on building wealth and achieving financial freedom.
Useful Links: Financial Survival Network Pantheon Investments
We received a sponsor update from FPX Nickel’s (🇺🇸FPOCF -- 🇨🇦FPX) CEO Martin Turenne. The company has recently made a number of significant announcements. First, word came of a strategic partner investing C$12 million (name yet to be released). Then the Canadian government contributed C$725,000 to help advance FPX’s development of nickel and cobalt projects. Now, FPX has entered into a Global Generative Exploration Alliance with the Japan Organization for Metals and Energy Security (“JOGMEC”), which is the Japanese Government’s critical mineral agency. These developments affirm and validate the company’s strategy to develop its vast nickel holdings. Finally, Sprott Asset Management has included FPX in its newly minted nickel ETF. It’s the only junior nickel company to hold that distinction.
These developments come on the back of FPX’s successful Baptiste project pilot plant test that achieved high nickel recoveries. It proved that FPX’s vast awaruite nickel mineralization can be economically developed; its new extraction method works.
Upon joining FPX, Martin invested his own capital and kept his compensation low. He spent many days on the road seeking potential investors. The tables have turned. Now nickel users and investors are lining up to offer their support and capital for a share of FPX’s future clean nickel production.
Martin embodies the best attributes of a CEO. He never resorted to excessive dilution, by strictly controlling costs and putting capital to optimal use. Shareholders will profit from his stewardship.
Company website: https://fpxnickel.com
Summary:
Writing a book allows one to distinguish their self within their professional field; thankfully, you do not have to be an esteemed writer or have a surplus of free time in order to publish a written work, and Marco Salinas comes on the show to talk about this. Marco is a Publishing and Media Consultant for Expert Publishing Associates, which streamlines the book writing process to help professionals publish works that demonstrate expertise and appeal to potential clients. Holding a higher status with regard to knowledge in a field makes clients more likely to invest money in a business/product, and writing a book is one of the best ways to establish this positioning. Tune in for more insight on how the process works. Useful Links:
Financial Survival Network
Expert Publishing Associates
Summary:
Is the banking crisis over, or are we just at the tip of the iceberg that will sink the banking system? Here to talk about this is John Rubino, who theorizes about where the economy--and the dollar--are headed in the face of increasing rates and widespread bank turmoil. It looks as if we’re moving from crisis to crisis as money stays tight, and things are going to continue to worsen for the foreseeable future. As countries begin to trade with other currencies and dollars flood back into the US economy, we are looking at multiple causes of inflation that are coming to fruition quickly. Tune in for more insight. Useful Links:
Financial Survival Network
John Rubino Substack
Summary: Is the banking crisis going to spread, and how will it affect your finances? Financial expert Edward Siddell comes on the show to dive into this topic, and we address the underlying question at hand: are we going to see a cascading collapse of the banking system, or will the central banks step in and print to infinity? It looks as if we’re on the path to experiencing both of these phenomena, and it’s going to get ugly before it gets better. We need to establish a growing, thriving economy—not one that is based on trade deficits—in order to propel in the right direction. Tune in to this episode to hear the entire discussion.
Useful Links: Financial Survival Network EGSI Financial
Summary:
The raging bull on uranium since the introduction of the ETF has been a catalyst for driving uranium prices higher. Here to talk specifically on this sector is Justin Huhn, the Proprietor of Uranium Insider, who comes on the show to discuss where things are headed. Justin describes learning about the Uranium thesis through a podcast back in 2016; he was intrigued by the performance of the previous bull market and investors’ success, and more significantly, the prospect of something like this happening again. What happened next was the transition from a simple supply and demand story to a nuclear renaissance of sorts, with the gradual re-introduction of nuclear reactors occurring in several parts of the world. Justin explains how this trend will likely expand, and how our energy philosophy is developing as a result. Tune in for more valuable insight. Useful Links:
Financial Survival Network
Uranium Insider
Summary:
How do you make money in today’s markets? Is there a particular trading methodology or system that you can use to outperform the markets? This episode follows the journey of Anmol Singh through his career as a trader as he recalls what is what like starting out in the markets, and how he got to where he is today. He was struggling in the search for a job/internship towards the end of his undergraduate career, and began educating himself on trading—reading literature, watching videos, and eventually seeking out a mentor that he went to work for. His prop firm experience allowed him to make mistakes early on; with good risk parameters in place and smaller amounts of money to trade, Anmol had about 2-3 years of real trial and error before he was able to start making a living off of trading. He has now been trading for 13 years, and founded Live Traders to inform aspiring traders and provide them with the tools for success. We cover some trading fails, what makes a good Live Traders student, and the importance of well defined systems for trading. Tune in for more great insight. Useful Links:
Financial Survival Network
Live Traders
Anmol Singh Instagram
Summary:
Retirement mentor Dennis Miller joins us in this episode with a message targeted towards those who may be wondering how and if they can retire in these conditions. He traces back to late 1999 when banks and brokerage firms merged, and how the great consolidation of banking has continued to affect the economy to this day. With a extra money in the system and rampant inflation, many have had to reconsider their future plans for retirement, and many already-retired individuals have re-joined the workforce. In the face of economic uncertainty and constant change, there are a few ways to preserve your buying power and protect yourself from inflation, and Dennis provides some insight on this. Tune in for more retirement strategy tips that account for where the economy is headed. Useful Links:
Financial Survival Network
Miller On The Money
Summary: Tax time is rapidly approaching and we’re all looking for ways to keep more of our money. Thankfully, this episode’s guest is an expert in this and is here to talk about some of the best tax strategies in the game. Shauna Wekherlien, known as the Tax Goddess to her clients, is part of the 1% of CPAs in the country that is certified in tax strategy, meaning that she is the person to talk to if you want to save big money. Shauna says that there are a couple of avoidable mistakes people make when trying to cut down their taxes: they may consult a CPA that does not have the required strategic expertise, or they consult an expert about strategy after the year is over. 98% of the most effective strategies need to be performed within the year, so it’s crucial to speak to the right individual early on. Shauna shares some of her favorite strategies and explains how/why they work; she also dives into some methods that you may have not considered or did not think feasible. Be sure to tune into this episode for more fascinating insight.
Useful Links: Financial Survival Network Tax Goddess
Summary: Grant Norwood comes on the show to give his take on the state of the oil patch, and it looks like the shale era is coming to an end—for oil, at least. We discuss the progression towards an electrified fuel economy that has everyone wondering how long the transition would take, and if this could sustain future energy needs. Grant talks about the current difficulties with acquiring funding for reserves, and says that we would need to take at least half the cars off the road that use fossil fuels to position ourselves for a better future. We also discuss where oil prices are headed, and Grant provides predictions based on government policy, the lack of new supply and companies shutting down. Tune in for more valuable insight.
Useful Links: Financial Survival Network Norwood Energy
Summary: How do you make the Fed work for you instead of against you? Dr. Larry Marsh, professor of Economics at the University of Notre Dame, appears in this episode to discuss this topic. Drawing from the subject matter of his latest book, Optimal Money Flow, Dr. Marsh emphasizes the importance of being a long time player in the stock market—explaining how average yearly stock market growth factors into the profitability of ETFs over many years. Moreover, a mentality of frugality allows one to secure future financial stability rather than fleeting wins. Dr. Marsh highlights multiple key takeaways from his book, such as the appropriate level of government involvement within the broader economy and how to gauge investment decisions based on the circumstances. Tune in for more valuable insight, and use the link below to purchase a copy of Optimal Money Flow.
Useful Links: Financial Survival Network Optimal Money Flow
Summary: The secondary market for mortgages is gaining a lot of attention, and Abby Shemesh, the Co-Founder and Chief Acquisitions Officer of Amerinote Xchange, joins us in this episode to discuss note buying and the opportunities in this sector with relevance to the current economy. Abby started his career in originations—the primary mortgage market—and learned about the secondary market as the company he was with started to expand across the East coast. He made the full transition to this market in 2006, founding Amerinote Xchange, and hasn’t looked back since. This market became saturated in 2008 when more people started to discover secondary strategy; today, Abby says that they are now experiencing tremendous activity that they haven’t seen in 14 years. They expect to see increased owner financing—accounting for the lag from the time that interest rates go up—and predict that a lot of the notes created in 2023 will hit the market around this time next year. Furthermore, Abby dives into the note buying/selling process, touching on the criteria for selling a mortgage, the benefits of seller financing, and what determines the attractiveness of a note. Tune in for more useful insight on the secondary market.
Useful Links: Financial Survival Network Amerinote Xchange
Summary: There are a lot of different ways to invest in real estate, and previous guests on FSN have elaborated upon the storage industry as it becomes more prominent. Travis Baucom appears in this episode to talk about his experience within storage, and it started a few years back when he decided he wanted to increase his wealth and invest in something less risky and less involved. After years of buying foreclosures and flipping hundreds of properties, he was ready for a different niche within real estate: storage facilities. After doing some research, it quickly became clear that self storage had some of the best cash flow in comparison to other asset classes. Travis and another broker ended up purchasing a facility together, and have been operating a very successful business since then. Travis touches on some of the variables that contribute to cost minimization, as well as the future of self storage business models. Tune in for more insight.
Useful Links: Financial Survival Network Balcomie Capital
Summary: All successful leaders have one thing in common: a Great Aunt Edna. Mac McNeil— an author, former Military Intelligence Analyst, and leader in business—appears in this episode to talk about the ‘E.D.N.A.’ philosophy and why it is foundational to leadership. Mac was, in fact, inspired by his real Aunt Edna, but the acronym symbolizes a Leadership culture of Excellence, Doing Things the Right Way, No Shortcuts, and Accountability. The purpose of EDNA is to make people think about the culture they are fostering when managing others. As a leader, you may have moments where you are “in the wilderness,” or alone in your pursuit, but these moments can help you solidify your ‘why’ and grow stronger. Mac highlights how it looks to have an opportunity mindset—positioning clients for a successful future—and discusses the spirit of excellence that himself and his colleagues uphold. Tune in for more amazing insight from a key thought leader, and use the link below to pre-order Mac’s book.
Useful Links: Financial Survival Network My Great Aunt Edna Book
Summary: What do we do about the the negative mindset surrounding money and bad spending habits we inherit from previous generations? Bestselling author, coach, and mentor to numerous Fortune 500 executives—Judy Wilkins-Smith—appears in this episode to address breaking free from financial patterns that weave throughout families and society at large. When you begin to look at your thoughts, feelings, and actions around money, and the events in your life that have influenced your concept of personal finances, you can understand some of the unresolved patterns that are blocking you from reaching your goals. Not only do our personal lives and familial perceptions of money influence these thoughts; global events can also trigger meta-patterns that control how we act and react around money. Judy emphasizes that money isn’t a commodity; it’s a relationship, and a positive relationship with money can enable us to serve humanity in a valuable way and experience true freedom. Tune in for more insight.
Useful Links: Financial Survival Network Judy Wilkins-Smith Decoding Your Emotional Blueprint
Summary: The war, the breakdown of international supply chains, and de-globalization coupled with the lasting effects of the pandemic shutdowns have made for a complex financial reality. Here to discuss this is precious metals analyst and speculator Lobo Tiggre, who emphasizes the value of the precious metals amid the downfall of dollar supremacy. Underneath the guise of optimism and reassurance is the bitter truth that, no matter how careful you are about the bank you use, there is always inherent currency risk. Is there any method that guarantees the safety of your money? Tune in to find out.
Useful Links: Financial Survival Network Independent Speculator
Summary: If you have a large balance in your IRA account, Craig Wear is the person you want to hear from. He joins us in this episode to talk about how he got into retirement investing, and the important lessons he learned about Roth conversions that he uses to guide IRA millionaires through their finances. He emphasizes that timing is key, and that one must get to a higher tax bracket, convert over a smaller period of time, and convert in greater dollar amounts than they are likely comfortable with in order to get the real tax benefits. Since this is not a one-size-fits-all strategy, it’s important to work with someone who is specialized in this niche are of tax advising to determine your personal needs and the most effective approach. Tune in for more information, and use the link below to download Craig’s free ebook.
Useful Links: Financial Survival Network Free Seminar from Craig Wear Craig Wear
Summary: The CPI report, interest rate hikes and cuts, and the banking crisis are all at the forefront of our attention. With these factors at play and the odds of a recession increasing, what can we expect for the near future of inflation? James Locke comes on the show to talk about this, and emphasizes that the Federal Reserve’s desired soft landing will be hard to come by. Based on the Producer Price Index, the Fed is bringing inflation down, but there are still a number of things that need to take place in order for the situation to improve. Tune in for more expert insight.
Useful Links: Financial Survival Network Poole Locke Associates
Summary: John Rubino joins us in this episode to unpack the emerging banking crisis, which has become extremely prevalent recently. Last month, Jim Cramer said that Silicon Valley Bank was the pick of the decade, and this week, it ceases to exist. The same is true for Signature Bank, which was the only other bank that went bankrupt this week—making that two failed picks from Jim Cramer in the span of a year. It seems that the banks’ delayed reactions to yield curve inversion have created confusion and misleading outlooks on the economy. The yield curve inversion did not hurt the banks immediately, but we are now at the point of inversion where it does start to hurt the banks. Furthermore, even if a capitulation comes sooner rather than later, we will still see a recession this year—dissolving the illusion that we’ve been living under for so long. Tune in for more insight.
Useful Links: Financial Survival Network John Rubino Substack
Torq Resources’(🇺🇸TRBMF -- 🇨🇦TORQ) CEO and Chair Shawn Wallace joined us for a sponsor update. Fresh off a C$6.26 financing, the company is flush with cash. A fully funded 15,000 meter drill program focused on their Santa Cecilia Project has commenced. The project has been progressing rapidly. Challenges have arisen, ” … mostly external to the project. In a normal world, which we certainly aren't right now … we could have done it more quickly, but you can't really speed up the science and the process to make good decisions”, CEO Wallace stated.
In the face of these challenges, the company’s Chilean team picked up the baton and ran with it. According to Wallace, they are equal to or superior to any talent he’s worked with. While it’s been over a decade since the discovery was made, he observes that, “We have the privilege of following up on historical work that defined 1.5 km of continuous vertical mineralization, starting at surface in an epithermal gold system and then transitioned into copper porphyry mineralization. There are multiple porphyry centers on this project, so this is only the beginning of a significant drill campaign...” The first two drill holes will take place in the Cerro del Medio target, which is centrally located on the project.
Torq has strong local community backing. Chile is stable. The Chilean People made their voice heard during the recent referendum. Now it’s a matter of waiting for the drill results, which should prove that Torq is extremely undervalued. Other companies are watching the project closely. With end users around the world stepping up to insure reliable sources of EV metals, Torq’s market position could get very interesting very quickly.
Company Website: https://torqresources.com/
Summary:
Banks blowing up have made for a crazy last couple of days on Wall Street. How are these circumstances going to affect the broader market? Avi Gilburt comes on the show to talk about what is happening with regard to the bank situation; last week, the market gave us a nice setup for a decline to the 3800 region, and things could go in multiple directions. The banking sector has been looking unhealthy for a few years now, and Avi predicts that a lot of banks are going to continue to face major problems—especially the bigger ones. How we handle the floor and resistance in the next week will give us some more insight about how the market is going to react over the coming weeks and months, so stay tuned for what’s to come. Useful Links:
Financial Survival Network
Elliott Wave Trader
Summary: Working with turnarounds can be one of the most profitable and satisfying activities, and a major proponent of turnaround opportunities comes on the show to speak in depth about how this process works. During the pandemic, John Paul Mendocha decided to use his experience in the turnaround business to start teaching individuals about this pursuit. His company, Turnaround Engine Network, helps entrepreneurial-minded individuals learn how to find turnaround opportunities and implement strategies to execute on these opportunities. They are creating a network of people that know what to look for and how to look for it, and more importantly, are willing to put in the work that it takes to successfully rescue/revamp a business. Tune in for more insight.
Useful Links: Financial Survival Network Turnaround Engine Network John Paul Mendocha
Summary: On FSN, we’re always interested in hearing about investing alternatives, and the focal point for this episode is wine and spirits. Fine wines have historically out-performed many indices over the years, and the last few years have been no exception—yielding returns in the double digits. OenoGroup’s Managing Partner, Maxwell Nee, comes on the show to talk about this sector and how he came to realize the potential within it. Learning about the pricing of spirits and how wine and whisky appreciate with age drove Maxwell to enter the business, and he helps other people invest in this sector. We discuss financial models, the best up and coming markets for wines, and factors that have significant control over a wine/spirit’s price. Tune in for more insight on this fascinating investing opportunity from an expert in the field.
Useful Links: Financial Survival Network Maxwell Nee OenoGroup
Summary:
Interest rates continue to go up, and the Fed is promising another 50 basis point hike. How is this affecting the real estate market, and is real estate still the place to be? Here to tackle this topic is Real Estate Investor James Dainard, who sheds light on the ways that the Fed rate hikes have impacted real estate in the Pacific Northwest. Higher interest rates have slowed down the disposition, creating more expenses, and have greatly affected the value of flipped homes—especially in the beginning. James says that, although we have yet to see the end of rate increases, there is always a way to make a return in real estate. Transitions in the market unveil opportunities in different places, and James discusses some of these. Tune in for more insight. Useful Links:
Financial Survival Network
James Dainard
Summary:
Is there a financial crash in our future? Michael Markowski has predicted all three major crashes since 2007, and appears in this episode to tell us why we’re on the road to another. He makes a couple of significant predictions: a 69% decline from the peak to the trough for the S&P 500 and a third US Great Depression that will set in by the end of the year. Michael describes some of the ways in which the S&P 500 can go down by a minimum of 45% (which is required for a depression to occur) and that this decline can be anticipated by understanding investor psychology. Secular markets in particular condition investors to be either fearful or greedy, shifting attitudes towards risk. Michael discusses his company, AlphaTack, and their algorithm-backed strategies that introduce investors to hedge funds with the goal of “growing assets against the wind.” He explains how they integrate in-depth research and market data to provide solutions to investors, and names some sectors and allocation targets they’re working with. Tune in to this episode for expert insight on the crash, and tips on how to prepare. Useful Links:
Financial Survival Network
AlphaTack Link to Michael Markowski's presentation slides
Summary: As the Fed prepares to raise interest rates at least 50 points higher, everyone is wondering what lies in store for housing, the economy, and our portfolios. Here to discuss this is Anthony Saccaro, financial expert and founder of Providence Financial & Insurance Services. The plan to continually hike up interest rates is designed to lower inflation to 2% or 3%, but this will inevitably fuel a recession. The length and depth of this recession ultimately depends on how much longer the battle for inflation goes, and low unemployment seems to be keeping inflation high. Tough times ahead imply that it is essential to reconsider investing strategies, and Anthony assures us that we can count on interest and dividends for now. Tune in for more information on what’s to come.
Useful Links: Financial Survival Network Anthony Saccaro
Summary: If you’re looking for a great way to boost your portfolio, it’s worth learning about investing in international markets as a method of diversification. Invest Asian’s Managing Partner, Reid Kirchenbauer, comes on the show to talk about his experience navigating business in Southeast Asia, and what drove him to invest in this market. Relocating to Thailand at 18 years old, Reid earned his degree from one of the top universities in the area and entered the real estate market. He started out with buying a condo in Thailand, which he rented out, and later bought apartments in Cambodia and other countries throughout the region. Reid sees the growth potential within the Asian economy, and started Invest Asian to help foreign investors diversify into this region. Tune in to this episode for more insight.
Useful Links: Financial Survival Network Invest Asian
Summary: Carl Delfeld joins us in this episode to discuss the ramifications of the Ukraine war to the US, Russia, and China, and its role in the ongoing struggle for power. The situation at hand has allowed China to rise up even more, and Carl contends that it will be easy for them to dominate Eurasia, as they are already a superpower in Asia to some degree. They are still facing their own challenges, however, specifically with the real estate market and accumulation of debt. Moreover, Carl says that the biggest mistake would be for the US to become complacent, and emphasizes the need for smart diplomacy moving forward. Tune in for more insight.
Useful Links: Financial Survival Network Power Rivals: America and China's Superpower Struggle
Summary: Is there a universal formula for retirement planning? Brad Barrett comes on the show to talk about tailoring your retirement plan to your interests and goals, which is the premise of his recent book, Retire Right: Secure the Right Path to Your Retirement. Retirement planning entails considerations that are subjective amongst individuals, and Brad finds it helpful to start by assessing a client’s long term vision and behavioral financial DNA, or the psychology behind their finances. Furthermore, he explains that income and assets are a married concept, and highlights the importance of assets earning for you relative to your distribution rate. Tune in for more useful information about preparing for retirement.
Useful Links: Financial Survival Network Retire Right Book
Summary: Martin Armstrong joins us in this episode to give his perspective on what’s happening in the world—addressing topics like the war in Ukraine, gold, central bank currencies, cryptocurrency, and more. We discuss what’s in store for the war and whether there is an end in sight, noting the US’ tendency to get involved in endless wars with no strategic defense. Furthermore, Russell emphasizes that the market will eventually break to the upside, and that capital will move from the bond markets and into the private sector. Tune in to this episode for more expert insight.
Useful Links: Financial Survival Network The Rise of the Neocons / Armstrong Economics
Summary: We received the latest Purchasing Managers’ Index report on Friday—which was anything but inspiring. Russell Stone comes on the show to talk about where these numbers come from and the motivation behind them.A deeper look into each of the economic trends makes it apparent that they are skewed towards optimism and distort the reality the situation. Russell points out that a lot of focus is placed on the sectors that are performing well, while the struggling sectors are somewhat ignored. This creates misdirection, and fails to shed light on the real problems at hand. With debt skyrocketing and nothing to back the US dollar, more and more countries pull away from our national currency. A precarious future awaits…Tune in for more insight.
Useful Links: Financial Survival Network Scranton Financial Group
Summary: Robert Keintz from Gold Silver Pros joins us in this episode to discuss to inflation, forged numbers, the war in Europe, and the numerous other factors contributing to the economic decline we’re currently facing. We’re in a short term economic deflationary cycle that is becoming visible in multiple areas, but housing affordability in the US is at an all-time low nonetheless. We’re headed into a recession sometime this year, which will wake people up to a lot of the problems that have persisted for over a decade and are finally coming to light. Meanwhile, the rest of the world is strengthening their own systems and currencies to prepare for what’s to come in the US economy. Tune in for more insight.
Useful Links: Financial Survival Network Gold Silver Pros
Summary: I sit down and chat with Michael Moor to address the uncertainty of the markets—which have been all over the place recently. We go over a series of charts, starting with energy; Natgas hit a bottom and is now heading up. And it looks as if oil could be heading lower for a while. Michael points out the three different time frames of biases, and explains why the bearish bias is on a hold at the moment. We should receive clarity on the direction of the trend within the next couple of weeks, and it’s important to be aware of what the cracks are doing. Furthermore, Michael offers some strategies for gold, and he advises picking certain spots to buy against and pay for your trade. Ultimately, looking at the market on a daily/weekly basis is the only way to to truly understand where your risk is. Tune in for more insight.
Useful Links: Financial Survival Network Moor Analytics
Summary: Marco Dondi appeared on the show a year ago to discuss his book, Outgrowing Capitalism, which suggests a re-consideration of the financial system and money allocation for smoother transitions within the global economy. Since we last spoke to him, a lot has taken place, but there has been very little change with regard to how monetary policy is conducted. We have officially hit the ceiling of money creation that our economy can sustain, and one burning question determines what comes next: How do we pull back? Tune in to this episode to find out.
Useful Links: Financial Survival Network Outgrowing Capitalism Outgrowing Capitalism Book
Summary: Despite news about about mass layoffs and declining job numbers, we still saw a stellar labor report last month. What can we gather from these manipulated statistics? Gordon T. Long joins us in this episode to shed some light on the confusing circumstances—consisting of employment numbers so large that feelings about whether or not the Fed was going to pivot (and how soon) reversed entirely. It’s clear that they’re pushing a false narrative, and despite big goals to lower inflation, we will be lucky to get it down to 4%. Furthermore, economic factors such as globalization, financialization, and mercantilism have all endured massive changes—priming us for an era of stagnation. Tune in for more expert insight.
Useful Links: Financial Survival Network MATASII MATASII Newsletter for This Week MATASII Free Newsletter Sign-Up MATASII 2023 Thesis Paper
Summary: If you’re looking for a great real estate investment opportunity, this episode’s guest is worth checking out. Jon Jasniak is a successful land investor and entrepreneur that buys, sells, and flips land for a profit. He is based in Texas and primarily does it himself, but he has students all over and offers numerous resources to educate people on land investing. Even in the current market, Jon notes the great demand for raw land outside city limits, and sources an abundance of deals online. Tune in to hear more about this profitable venture and Jon’s real estate insight.
Useful Links: Financial Survival Network Jon Jasniak
Summary: Does the government want to solve the inflation problem, or do they need it to stay this way for a bit? Eddy Gifford comes on the show to discuss this topic, and points out the contradictory effects in place. Powell has stated that their primary goal is to fix inflation, but interest rates keep going up. This means that the stock market could roll over and push up the cost of housing—which is one of the primary indicators in the CPI. Interest rates are ultimately defeating ht purpose of what they’re trying to accomplish, and thus, it’s important to protect yourself during this time. Eddy recommends having a proactive investment strategy and paying off debts. In addition, investors should look towards treasuries and annuities to prioritize liquidity in particular. Tune in for more expert insight.
Useful Links: Financial Survival Network Tactive Wealth - Eddy Gifford
Summary: Dennis Tubbergen—and Austrian School of Economics Devotee, Retirement Planner, and prolific Author—joins us in this episode to discuss why planning for retirement today is different than it was during your parents’ generation. Changes in the economy over many years demand a strategic shift, and Dennis came up with revenue sourcing to reflect patterns within currency and the broader economy. He suggests designing an income map that accounts for how much you’ll need during retirement, and owning a bucket of assets linked to something tangible that will perform well in an inflationary environment. Tune in for more information on effectively planning your retirement.
Useful Links: Financial Survival Network Retirement Lifestyle Advocates Revenue Sourcing Book
Summary: Where are precious metals prices heading, and will they have any effect on the junior mining sector? David Erfle comes on the show to talk about the current frustration in the sector, which is unsurprising when we account for past, present, and future factors shaping the metals industry. Gold price went up $350 in 3 months after a false breakdown, and made a 55% move over 4 months in the stocks. In addition, we’re seeing merging and acquisition as well as the return to gold amid destruction of the global economic system. It seems that gold always does what it should, but never when we expect it to, so it’s crucial to be ready when the correction finally comes to an end. Tune in for more insight.
Useful Links: Financial Survival Network Junior Miner Junky
Summary: Not more than two weeks after we last spoke with Chris Simmons, the author of Castro’s Nemesis, one of the Cuban spies he helped catch was released from prison. After serving 20 years, the Pentagon and Justice Department were focused on getting this spy a plea agreement, and she pled guilty to one count of conspiracy to commit espionage. Cooperation was difficult to foster in the early stages of interrogation, but through various strategies, their expert team was able to gradually gather information. Furthermore, Chris talks about international relations, and differing views amongst nations regarding what espionage comprises. Tune in for more insight from a master spycatcher.
Useful Links: Financial Survival Network Castro's Nemesis Book
Summary: The shifting markets have caused many to closely evaluate their portfolio strategies for the year. Why should you keep buying mining stocks? Economic historian Bob Hoye appears in this episode to discuss the potential in the mining sector in light of a study evaluating the gold divided by commodity index and declining mining costs. Bob emphasizes that, with a bear market, it’s best to clear out declining stocks and wait for opportunities to come—and it looks like there are great opportunities ahead for gold. Tune in for more valuable insight.
Useful Links: Financial Survival Network Charts and Markets
Summary: Will the January effect carry through to February? It looks like the trend has run its course, but Chris Vermeulen comes on the show to talk about what’s in store for the rest of the year—including a possible rebound in the coming months. Growth stocks are performing better with a significant amount of money flowing into them, and we’re seeing what Chris calls a “complacency rally.” There’s been a lot of pressure on gold, silver, and miners as the US dollar starts to rally, and growth stocks are holding up despite fear in the market. Interest rate hikes will continue, but Chris says that we could see everything come full circle by the end of the year. If we can survive the dip and avoid panicking at the.bottom, we might just have a decent year. Tune in for more insight.
Useful Links: Financial Survival Network The Technical Traders
Summary: Are you looking for a passive investing opportunity with lots of advantages and few risks? If so, you’ll definitely want to tune in to this episode featuring Whitney Elkins-Hutten, the director of investor education at PassiveInvesting.com. Whitney defines passive investing as investing in assets that produce a stabilized monthly/quarterly cash flow and provide diversification to the portfolio. In essence, you’re not trading time for cash flow; you make the investment once and monitor it from there—which is why passive investing is a great opportunity for busier individuals that want to generate another stream of income. Since 2018, Whitney’s team has exited 8 multi-family deals, and their distributions get paid out monthly or quarterly. She explains that are some risks at play—with the potential to lose capital or suspend cash flow—but they have strategies to mitigate this risk and ensure great returns on your investment. Tune in for more information.
Useful Links: Financial Survival Network PassiveInvesting.com - Whitney Elkins-Hutten
Summary: We’re seeing a lot of trends in the economy with specific regard to employment—as more companies announce mass layoffs, there seems to be a larger factor at play. Eddie Yoon joins me in this episode to talk about the grand shift that is taking place in the professional sphere, fueled by the transition from a knowledge-based economy to a creator-based economy. What this means is that the qualifications that were once absolutely necessary for white collar careers (i.e. college education or higher training/certifications) are becoming less valuable for particular roles; subsequently, some of the roles themselves are now obsolete. We’re seeing a major decrease in roles where one’s responsibilities would entail managing other knowledge workers, which is massively impacting the job market as a whole. Furthermore, Eddie and I discuss other future innovations, such as artificial intelligence, that are already shifting things within the economy and the employment sphere. Listen in for more information and insight.
Useful Links: Financial Survival Network Eddie Would Grow
We were joined by Trillion Energy’s (TCF 🇨🇦: TRLEF 🇺🇸: Z62 🇩🇪) CEO Arthur Halleran for a sponsor update. First, Art dispelled all concerns of a possible equity raise. He explained that the ongoing drill program well-funded, with materials and consumables for the first 7 wells currently being warehoused at their onshore facility. The company has ample cash on hand, and as additional wells come on-stream, cash flow will only increase. They received a $6.9 million cash call from their partner and another $7 million is expected in March. Art emphasized that he is not looking to dilute his shareholdings any further.
To date, Trillion has drilled 4 wells to completion. Two are producing, and the other two are awaiting equipment to finish perforation and production. The equipment has been delayed slightly due to the recent earthquake. Art explains, this is nothing out of the ordinary. When you’re drilling in water, logistics issues always arise. One of these wells is quite prolific, with 73 meters of measured pay. Once production ramps up, Art expects cash flow to double from its present level.
He had more good news; SASB reserves are going up substantially. As the company drills more wells and produces ever more gas, reserves are soaring. Trillion’s reserve valuation, a net present value basis, is way higher. And the increase will continue as more wells come on-stream, at least 13 for 2023 and even more for 2024. With more wells, comes more cash flow. At some point, the market will make a startling discovery that Trillion is selling at a huge discount. Once perception equals reality, shareholders like us will see huge returns on their investment.
https://TrillionEnergy.com
Summary: Energy prices are heading up, but the CPI isn’t. What’s really happening in the energy sector, and how is it being affected by the economy at large? Dee Carter appears on the show to provide us with some insight, and emphasizes that the real concern exists in the oil/petroleum department. We’re not consuming as much right now because we had a relatively icy winter—causing people to drive less—but ultimately prices will go back up as consumption returns to normal. Although we’ve seen majo advocacy for green energy in the political space, everything that we’re doing is built around the petroleum industry, so it’s not disappearing anytime soon. With five major refineries working at 100% capacity, there is a large supply of oil that has yet to become available for use. Dee suggests that we need to be an exporter of products in order to bring the CPI down once again, and says that it is necessary to reconsider investment strategies for income going forward. Tune in for more information.
Useful Links: Financial Survival Network Carter Financial
We were joined for a sponsor update by Fury Gold Mines’ CEO Tim Clark and Exploration SVP Bryan Atkinson ( FURY). The good news keeps on coming. 2022’s last three drill holes were recently released. Multiple zones of high-grade gold were drilled at the Hinge Target, including 22.77 g/t Gold over 1.5 meters. So far, they hit gold in 55% of the Hinge drill holes. In addition, they just defined six targets along the Cannard Deformation Zone at Lac Clarkie.
CEO Clark was quite pleased with these results. 2022 marked a year of transformation for Fury. Among the highlights were the sale of Homestake Ridge project to Dolly Varden Silver for cash and shares, and the disposition of C$6.8 from a partial sale of their position. Closing of a C$11 million private placement that brought on a Canadian corporate investor and a well-know US institutional investor. Consolidation of the Éléonore South Joint Venture with Newmont, thus facilitating the JV’s drilling. 25% extension of mineralization at West Eau Claire along with multiple stacked zones of gold mineralization at the Hinge Target. Finally, the completion of their Eau Claire 17,700m drill program. And of the course the stock rebounded well off its 2022 low.
With all these accomplishments, CEO Clarke avers that Fury is a different company today than it was prior to his taking the helm. 2023 promises to be an even more pivotal year. SVP Atkinson is currently analyzing the data and results and is in the process of setting up the 2023 program, for which the cash is in the bank. With so many choices this is no easy task. He stated that at least part of the program will be directed towards the new Cannard targets.
As Clark promised, the news flow has quickened as have the results. We’re holding tight with our position.
Company Website: https://furygoldmines.com
Ticker Symbols: NYSE/TSX: FURY
Summary: With all the talk of Chinese balloons and the prospect of interstellar war, you’d think that our sci-fi nightmares are coming to life. John Rubino comes on the show to touch on a number of things—extending far beyond financial matters—that the government has been getting away with. We discuss strange phenomena amongst other recent and relevant topics, namely the promising future of Uranium stocks—with many countries developing nuclear power plants. We also cover the housing implosion with specific regard to Miami condominiums and new government requirements. Tune in for more insight.
Housing Chart
Useful Links: Financial Survival Network John Rubino Substack
Summary: Data for common stock warrants can be hard to find, but our guest in this episode is dedicated to making this data accessible as well as recommending stocks. Dudley Baker started Precious Metals Warrants back in 2005 to provide information on the precious metals sector, and later expanded this database to all warrants trading in the US and Canada. Now called Common Stock Warrants, the site is a go-to resource for any stock/warrant inquiries, and Dudley recommends six picks that he is currently investing in. Some of these companies are trading at about as cheap as you’ll ever find, but have great relative value and the potential for high profits.
- Mega Uranium 2. Land Copper and Gold 3. Aris Gold 4. Silver Spruce Resources 5. Riverside Resources 6. First Mining Gold
Useful Links: Financial Survival Network Common Stock Warrants
Summary: As consumer sentiment numbers take a plunge, many are wondering how to interpret these numbers and where the economy is heading. 40-year financial expert Mark Falter comes on the show to talk about the implications of consumer sentiment, which indicates how motivated Americans are about the economy. As a lagging indicator, a negative report translates to an economy that is already on its way down—and has been for a while. This decline is largely attributed to widespread fear of a recession, which is a fair concern in light of the Fed’s notoriously not-so-soft landings. Will they be able to pull it off this time? Tune in for more details.
ChatGPT Professional Description of Mark Falter: Mark Falter is an accomplished entrepreneur and business leader known for his innovative approach to the financial industry. With a background in finance and a passion for helping others achieve financial success, Mark has built a reputation as one of the top voices in the field. Mark's career began in finance, where he quickly rose through the ranks to become a successful portfolio manager and investment advisor. However, it was his deep commitment to helping ordinary people achieve financial independence that led him to launch Income Hour, a revolutionary platform that provides a comprehensive and accessible approach to financial planning and investment management. Under Mark's leadership, Income Hour has grown into a thriving business, helping thousands of people across the country achieve their financial goals. Mark's innovative approach to financial planning, combined with his engaging and relatable personality, has made him a popular speaker and thought leader in the industry. When he's not leading the charge at Income Hour, Mark is a dedicated philanthropist and advocate for financial literacy. He has used his platform and success to give back to the community, supporting a range of causes and organizations dedicated to empowering people to take control of their financial futures. With his deep expertise and commitment to helping others, Mark Falter is a leading voice in the financial industry and a true visionary in the world of business. Whether you're just starting out on your financial journey or you're looking to take your investments to the next level, Mark and Income Hour are here to help you succeed.
Consumer Sentiment Overview:
The latest consumer sentiment numbers have been released, and they offer a glimpse into the state of the economy and what to expect in terms of inflation. Consumer sentiment is a measure of how consumers feel about the current and future state of the economy, and it is considered a key indicator of consumer spending and economic growth. The latest numbers show a slight increase in consumer sentiment, indicating that consumers are feeling more confident about the economy and their personal financial situation. This increase in consumer sentiment is a positive sign for the economy, as it suggests that consumers are more likely to spend money, which drives economic growth and job creation. Higher consumer spending can also lead to increased demand for goods and services, which can cause prices to rise. However, the increase in consumer sentiment must be viewed in the context of other economic indicators, such as the rate of inflation. Inflation is a measure of the overall increase in prices for goods and services in an economy, and it can have a significant impact on consumer spending and the overall health of the economy. The latest consumer sentiment numbers suggest that inflation could be a concern in the near future, as higher consumer spending and increased demand for goods and services could drive up prices. This could result in a decrease in consumer spending and a slowdown in economic growth, as consumers become less confident in their personal financial situation. In conclusion, the latest consumer sentiment numbers are a mixed bag, offering both positive and negative indicators for the economy. While the increase in consumer sentiment is a positive sign, it must be viewed in the context of other economic indicators, such as inflation, in order to understand its full impact. As always, it is important to stay informed about the latest economic trends and to make informed decisions about your finances.
Consumer Sentiment Charts:

Useful Links: Financial Survival Network The Retirement Income Hour
Summary: Is there such a thing as “good” and “bad” money? How can you successfully reach your income goals and feel good about them? Bestselling author Derrick Kinney comes on the show to talk about this, highlighting some tips that he shares in his recent book, Good Money Revolution. Derrick says that if you can connect purpose to profits, then you have a greater cause driving you to get up and run your business, which is ultimately a good thing. Furthermore, if you want 2023 to be a better year financially, it’s important to assess how you can add value to your existing role and prioritize productivity. There’s a great chance that you can find the revenue increase you’re looking for within the career you already have—it just requires some creative thinking. Tune in for more of Derrick’s expertise, and use the link below to access the first five chapters of his book for free.
Useful Links: Financial Survival Network Good Money Revolution Book Derrick Kinney
Summary: The most recent consumer credit read was announced, and the number is quite interesting. What is going on exactly, and what is the Fed going to do about it? Matthew Johnson, President and CEO of Johnson Wealth and Income Management, comes on the show to discuss this topic and strategies for addressing the credit problem. Consumer debt started to fall off in December of 2022, yielding $7.3 billion. This signaled the start of a cut in spending, wherein consumers are beginning to feel the pinch of high costs and re-evaluate their expenses. Unfortunately, the average consumer is not in a position where their wages can support their buying needs, causing an increase in credit card debt. We should expect at least two more rate hikes before the Fed decides to halt, and it’s crucial to start planning for the challenges that lay ahead. Tune in to find out how you can start preparing now.
Useful Links: Financial Survival Network Johnson Wealth and Income Management
Summary: Financial survival is the name of the game. What can we do now in order to end up on the survivor side when the financial bubble eventually pops? Peter Schiff joins us in this episode to address the core problems of today’s dysfunctional economy, and things to consider in preparation for the downfall of the dollar. Inaccurate inflation measurements, enormous trade deficits, and close proximity to a sovereign debt crisis allude to a looming disaster that we set ourselves up for in various ways. Furthermore, Peter and I discuss ways to stay protected and structure portfolios in anticipation of yet another inflationary spike. As it turns out, there are worse things to be than a gold bug. Tune in for more expert insight.
‘Gold Bugs’ According to OpenAI’s ChatGPT: “‘Gold bugs’ are individuals or groups who are strong advocates for investing in gold. Some of the most well-known gold bugs include:
Peter Schiff: A financial commentator and investor who is a strong advocate for gold as a store of value.
Jim Rickards: An economist and author who has written extensively about the benefits of investing in gold.
Mike Maloney: A precious metals advisor and author who advocates for investing in gold as a hedge against economic instability.
David Morgan: A precious metals analyst and investment advisor who has been advocating for gold as a long-term investment for over two decades.
Glenn Beck: A political commentator and radio host who has talked about the benefits of investing in gold on his show.
These individuals have become prominent voices in the gold bug community and their opinions and advice are widely followed by people who are interested in investing in precious metals.”
Useful Links: Financial Survival Network Peter Schiff Twitter
Summary: Consumer credit appears to be crashing, and the rate of increase on credit card debt is slowing down, which means that there has never been a more opportune time to pay off your credit cards than now. Paul Oster, the CEO of Better Qualified, comes on the show to unpack what’s happening with consumer credit, and why it is sinking at this particular time. Paul describes all of the pressures of the economy that are pushing the consumers under water; with providers raising prices left and right, driving costs up, it’s getting difficult to tread water. Ultimately, we must change our behavior if we want a brighter, debt-less future. These changes can start with small savings, such as eliminating various monthly subscriptions. Paul says that consumers are often surprised to find that they have more money than they think, and have merely been spending it in the wrong places. Tune in for more insight.
Useful Links: Financial Survival Network Better Qualified
Summary: This wouldn’t be the Financial Survival Network if we didn’t talk about how to prosper and thrive in a less than ideal economy. Thankfully, Dave Valentine appears in this episode to provide a unique perspective on how to do this—offering solutions you may have neglected to consider until now. Dave owns seven businesses that collectively generate over $1 billion for major clients and, in short, he knows a thing or two about growing a business. In the age of social media and digital marketing, we often dismiss “old-school” methods of communication (i.e. direct mail), but Dave claims that the resurgence of some of these tactics has yielded much success. Revisiting tried and true marketing strategies with an irresistible offer for clients could just save your business in this economy. Tune in for more details.
Useful Links: Financial Survival Network Dave Valentine
Summary: If you’re in search of a sound business investment, franchising could be the way to go. Franchise expert Jon Ostenson comes on the show to discuss the benefits of owning a franchise—allowing entrepreneurs from various occupations and backgrounds to generate another stream of income and operate a business. His consulting firm assesses clients’ desired level of involvement in the business and shares case studies with them in order to determine what companies would be best suited to them. While many of his clients are doctors, lawyers, and other highly educated individuals, Jon says that the most successful among them understand and adhere to the system. Tune in for more information about franchising and how you can get involved.
Useful Links: https://www.financialsurvivalnetwork.com https://franbridgeconsulting.com/
Summary: Thought leader Doug Casey joins us in this episode to discuss the endangerment of critical thinking, posing major risks for global politics and the economic future alike. Doug attributes the root of the problem to increased support for organized coercion—a system that only looks attractive when economics and history are excluded from the equation. This lack of background knowledge and reasoning is already giving way to major difficulties (i.e. trade and food supply chain) and we’re subsequently seeing the dissolution of the globalist model. The government’s survival mode tactics may adversely affect the survival of its people, and it’s only a matter of time before this becomes even more clear. Tune in for more insight.
Chat GPT Article on Doug Casey: “Doug Casey is a well-known investor, author, and entrepreneur in the world of finance. He is a strong advocate for gold and has been investing in the precious metal for over four decades. Casey is the founder and chairman of Casey Research, a company that provides investment analysis and research to its clients. Through his company, he has been a vocal advocate for gold, arguing that it is one of the best long-term investments an individual can make. Casey believes that gold is a safe haven for investors in uncertain times, as it holds its value regardless of the state of the economy. He also argues that gold is a hedge against inflation, as its value has historically risen in response to inflationary pressures. In addition to his investment in gold, Casey is also known for his advocacy of individual liberty and free-market capitalism. He has written several books on these topics, including "Crisis Investing" and "The International Man." Casey is a strong believer in the importance of diversifying one's investments, both in terms of asset classes and geography. He argues that investors should have a portion of their portfolios in physical gold, held in a secure location outside of their home country. Despite his strong views on gold and investing, Casey is also known for his contrarian outlook. He often takes positions that run counter to the prevailing wisdom in the investment world, and has been successful in his investments as a result. In conclusion, Doug Casey is a prominent figure in the world of finance and investing, known for his advocacy of gold and individual liberty. He is the founder and chairman of Casey Research, and has written several books on the topics of investing and personal freedom. His contrarian outlook and strong beliefs have made him a respected voice in the investment community.”
Useful Links: Financial Survival Network Doug Casey's International Man
Doug Casey's Take
Summary: While we had hoped that the latest job report would provide useful figures, it seems to be bogus. Brad Williams sits down with me to take a deeper look into the report and talk about how/why the employment situation has evolved in the way that it has. The job market remains strong in some locations due to large quantities of people moving to those places, but this is not the situation in every region. With the interest rate rise, the housing market has slowed significantly, and there is a direct relationship between increases in interest rates and the amount of money needed to service the national debt. As the rate of increases diminishes, Brad advises investing conservatively, and to pay close attention as we transition. Tune in for more insight.
Useful Links: https://www.financialsurvivalnetwork.com https://www.askbradwilliams.com/
Summary: In last week’s report, the job numbers came out surprisingly high, but is it too good to be true? David Stryzewski comes on the show to discuss these numbers and the way they have been purposefully distorted over the last few months. The high number of jobs is a product of seasonal adjustment—in which 3 million jobs were added in order to come up with the most recent figure. If we look back at November and December, 2.4 million jobs were subtracted to subsequently come up with these numbers. We should not invest our attention in these reports since they do not reflect accuracy; rather, we should anticipate a future that is somewhere between what the Fed thinks and what the market actually believes. David outlines five unwavering indicators that depict what’s to come, so be sure to tune in for more information. Useful Links:
https://www.financialsurvivalnetwork.com
https://myspg.com/
Summary: Metals prices are getting slammed, sending gold and silver down. Andy Schectman comes on the show to talk about the circumstances of precious metals which, while frustrating, do not discredit the value of these assets during this time. Volatile conditions and the possibility of the London Metals Exchange running out of silver in 2023 speak to the fragility of the system. Gold and silver are not commodities; rather, they are the barometer for the health of the dollar and the US economy. Furthermore, Andy emphasizes that the valuation of gold and silver are not subject to counterpart liability, which will make the precious metals even more attractive as the effects of interest rate hikes sink in. Tune in for more expert insight.
Useful Links: Financial Survival Network Miles Franklin info@milesfranklin.com
FPX Nickel’s (OTC: FPOCF — TSX-V: FPX) CEO Martin Turenne joined us for a much-awaited sponsor update. The Baptiste Project pilot plant’s results are in, and they are quite positive. The novel environmentally clean process of extracting nickel from lower grade deposits, without toxic smelting, has exceeded all expectations. The end product yielded a 65% nickel concentrate, with an impressive 85+% recovery rate. Martin is confident that a commercial-scale plant will produce 100 million pounds per annum. With nickel at $13 per pound, and costs of $3 per pound, there’s a huge profit margin. Even at $10 nickel the profits are enormous.The naysayers who doubted FPX’s ability to profitably produce high-grade nickel from low grade deposits have all been proven wrong. FPX recently announced a $12 million investment by a corporate strategic investor means that the pieces are falling into place. (The well-known company requested confidentiality for now.) FPX’s current stock price of CAD$.43 means that the market hasn’t yet to factor in these important developments. The company’s Preliminary Feasibility Study (PFS) is expected in September. FPX is sitting on CAD$18 million and is fully funded for the foreseeable future. The Van Project discovery promises to be larger than Baptiste but is currently on the back burner. It is also not reflected in the share price. Both are among the largest undeveloped nickel deposits in the world. The nickel market’s demand characteristics are highly positive. The rushed conversion to Electric Vehicles, coupled with a lack of environmentally friendly sources, means that FPX’s project will come into production at exactly the right time. Upstream users such as Tesla, Ford and GM have been rushing to secure battery metals sources and gone directly to the producers. GM’s recent $650 million investment in Lithium America is but one example. The US Inflation Recovery Act (IRA) is adding even more fuel to the fire. Its generous subsidies and favorable pro-development policies are highly positive for both the Canadian battery metals and FPX. Martin is moving quickly to secure these benefits for FPX. The stars are aligning for FPX. Martin is quite clear that these projects will require a major company to take over to fully exploit these reserves. News flow has been brisk and will increase in anticipation of FPX’s PFS. This bodes well for shareholders and the end users who are anxious to work with companies such as FPX. Company website: www.FPXNickel.com Ticker symbols: OTC: FPOCF — TSX-V: FPX
Summary: As we encounter another basis point hike, you may be wondering what this will mean for the real estate market. How can we continue to prosper in uncertain times? Oftentimes, successful outcomes start as unfavorable situations transformed by dedication and hard work, and Tracy Miller comes on the show to talk about this. Tracy came from what she describes as an ordinary, middle class background. Learning to juggle being a single mom, continuing her education, and climbing the corporate ladder, Tracy was motivated to find a career that would enable her freedom and to utilize her people/business skills. This led her to real estate, and she is now a successful speaker, coach, entrepreneur, and investor—to name a few pursuits she has taken on over the years. Now focused on educating and sharing the information she has learned in her life and career, Tracy is eager to help others transform what they have into something great. Tune in for more insight.
Useful Links: Financial Survival Network Tracy Miller Consulting
Summary: If you’re interested in commercial and residential real estate development, you’ll definitely want to tune in to this episode. Michael Liebman comes on the show to shed some light on his area of expertise within real estate, which encompasses buying land and re-zoning it to generate a profit. We’ve featured his father, Sam Liebman, on the show before, and they use their knowledge base to manage WealthWay Equity Group. Michael talks about what’s happening in New York with commercial areas being re-zoned, and how the politicians may not grasp the importance of the situation. Tune in for more expert insight.
Useful Links: Financial Survival Network WealthWay Equity Group
Tier One Silver’s (TSXV: TSLV, OTCQB: TSLVF) CEO Peter Dembicki and Exploration SVP Christian Rios provided us with a sponsor update. Extensive CSAMT surveying has identified two promising copper porphyry targets. Drill targets are currently being defined. This will be a focus of their Q2 ’23 5000-meter drill program.
CEO Dembicki explains that “While silver remains the focus at Curibaya, we have a fantastic potential porphyry target … that can’t be ignored. We’re on a prolific copper porphyry belt in Southern Peru with many giant mines, all within 100 kilometers of us to the north and south. We just happen to be in a fortunate situation where we have a preserved precious metals epithermal system and then residing below is this potential copper porphyry target.”
SVP Rios said, “We believe the targets we’ve identified could be associated with a porphyry copper system at depth, particularly considering the absolute dating results, which indicate the mineralization to be from the Paleocene era. This provides further evidence that we are in the correct regional environment as the similar Paleocene-aged giant porphyry copper deposits nearby. We look forward to testing these strong targets in our next drill campaign.”
CEO Dembicki reflected that while metals’ prices have come roaring back ($24 silver and $4 copper) and Tier One’s share price is up 50%, it’s still very early in the cycle and he’s expecting a major move ahead.
Once the next drill program commences, Tier One will become the tier one choice for sector investors, which is why we’re maintaining our position.
Visit the company’s website at www.TierOneSilver.com.
Summary: As fraud crimes become more prevalent, it’s crucial to adapt and have a strategy in place to protect all of your assets. Cyber security expert Robert Siciliano comes on the show to talk about how you can stay protected and why you should—explaining how it’s one of the simplest and smarted decisions you can make. Security measures are not for the paranoid; rather, simple security systems allow any person to be a more difficult target, and to maintain an attitude of vigilance and determination. Robert talks about options for home security and the variety of cameras and products available based on your preferences. We also discuss financial asset protection, and Robert names some free tools that can assist you in protecting your credit and identity. Tune in for more information about how to stay secure.
Useful Links: Financial Survival Network Protect Now
Summary: We have a big week ahead—with the potential for lots of turmoil—and John Rubino joins us in this episode to discuss what we can expect out of it. Three big central banks are having meetings this week and are supposed to raise interest rates. This implies the potential for surprise, and to induce one of two outcomes: sending the markets into a relief rally or sending stocks crashing. With uncertainty of what the outcome of these meetings will bring, there has undoubtedly been a shrinkage of trust amongst individuals. People are growing hesitant to trust larger systems, seeking out ways to attain food, education, and healthcare not mandated by the government and large corporations. With money being one of the largest systems of all, many are investigating alternatives to help secure their capital in the event that the system fails us. Tune in for more insight.
Useful Links: Financial Survival Network John Rubino Substack
Summary: If you’re looking for an investment with huge returns, you’re going to want to listen to this episode. Self Storage Syndicated Equities CEO, Fernando Angelucci, comes on the show to talk about investing in storage facilities—a venture he has been profiting from since 2018. Fernando had been in real estate for many years, and about six years ago he noticed difficulties surfacing for landlords. In search of change, he decided to move single family homes and multi family properties out of his portfolio and start purchasing self storage facilities. Fernando slowly scaled up from there, and now builds facilities that are between 80,000 and 120,000 square feet. With the number of people using storage facilities increasing year over year, it’s the perfect time to look into this investment opportunity. Tune in for more information.
Useful Links: Financial Survival Network Self Storage Syndicated Equities
Summary: The markets are on a bounce, and yet, layoffs are more plentiful than ever. This is not the beginning of a bull market or an upward shift in economic growth; rather, inflation is disguising the inevitable recession ahead. Here to dispel the confusion and discuss what’s truly happening is Michael Pento, President and Founder of Pinto Portfolio Strategies. Michael emphasizes that real economic growth is shrinking while GDP is going up. While the Bureau of Labor Statistics came out with a better-than-expected number of unemployed individuals, this provides little hope amidst the large-scale layoffs at big corporations. Moreover, the death of inflation has been grossly exaggerated, with the monetization of debt being the root cause of our inflationary circumstance. We still have a long way to go before the Fed pivots, and it’s essential to be on the right side of the cycle for what’s to come. Tune in for more insight.
Useful Links: Financial Survival Network Pento Portfolio Strategies
Summary: Businesses are pushing for their employees to return to the workplace, which has generated a lot of push back amongst workers in numerous fields. Here to discuss this is Carl Gould, who is not surprised at the collective reluctance to go back to the office. For the last two years, people have adjusted to the ‘new normal,’ and the thought of transitioning back can be daunting. Under certain roles and circumstances, some professionals have thrived in the remote atmosphere, but the truth is that company culture is difficult to foster when employees are isolated in their homes. Amidst these difficulties, Carl is hopeful that we will come out of this stronger and better than before, and encourages employers/employees to be transparent with one another about their concerns. Listen in for the full conversation on the future of the workplace.
Useful Links: Financial Survival Network Carl Gould
Summary: Alongside the attempt to digitize everything in sight, a similar trend is taking place in the global economy: financialization. Here to discuss this is Emmanuel Daniel, a global thought leader in the future of finance. He describes the latest instances of data commodification as just one example of businesses seeking to financialize everything, and these trends are becoming extremely prevalent. Moreover, as people begin to gravitate towards alternative assets, it’s crucial to bear in mind that they subscribe to the same rules of the market and can be more volatile in early stages. Looking ahead, the US and other major economies will continue to generate debt, causing investors to question long term sustainability and where to put their trust.
Useful Links: Financial Survival Network Emmanuel Daniel
Summary: Most working individuals want to retire at some point. In fact, we spend the entirety of our careers contributing to (most likely) the most expensive purchase that we’ll ever make: a retirement fund. How does one make sure that they set aside the right amount of money for retirement, generating enough income to survive off of during the final phase of life? Anthony Saccaro has been a retirement advisor for 23 years, and appears in this episode to talk about what you may not know about preparing for retirement—so that you don’t get hurt later on. He contends that the biggest mistake you can make is not being invested appropriately for the phase of life you’re in. A lot of people neglect to shift their portfolio when they transition phases, and this adjustment can have a massive affect on your retirement fund. Furthermore, it’s important to enlist the help of an advisor that is an income specialist, and to build a fund that is sustainable in any scenario.
Useful Links: Financial Survival Network More Life Than Money
Summary: Changes in the economy bring about subsequent changes in the housing market, which have been more prominent than ever in the post-pandemic world. Is it possible that we’ve seen the lows and housing is making a comeback? Texas-based mortgage broker Debbie Bloyd comes on the show to talk about what she is observing in real estate, and it looks as if people are returning to the markets in search of their future home. Interest rate fluctuations and intense bidding wars last year caused many people to put their home purchase on hold, and rent rather than buy. As these leases come to an end, buyers are circling back to the housing market in hopes of finding the property they want at a more reasonable price. Whether or not prices are coming down, however, is still relatively dependent upon the seller. While some need to sell more urgently, others are riding out the storm, set on a very specific price. Tune in for more information on what’s to come in housing.
Useful Links: Financial Survival Network DLB Mortgage Services
Summary: We talked about the God Bless America ETF back in October 2022 and it has performed extremely well since—beating a lot of the major indices. In this episode I sit down with Adam Curran, the creator of the ETF, who has been dreaming of this moment ever since he first visited the New York Stock Exchange as a child. Adam attributes the success of the fund to his somewhat aberrant strategy: focusing on businesses that put profit over politics. As many big corporations get tied up with every political conversation, Adam believes that it is critical for businesses to stay focused on performance, and looks for these sort of companies when investing. Tune in to learn more about some of the sectors the God Bless America ETF is involved with, and things to watch for in this year’s market.
Useful Links: Financial Survival Network God Bless America ETF
Summary: As we quickly approach the end of January, many are wondering what is in store for the rest of 2023 with regard to inflation rates and the markets. Is the Fed going to follow through on lowering inflation, and how will this affect the rest of the economy? Jim Welsh comes on the show to talk about some of the things that will take place this year, and assures us that the Fed is very intent on sticking to their guns—meaning that we can expect inflation to make its way down to 3%. Although Wall Street is skeptical, Jim reminds us that getting inflation to 3% is doable; on the other hand, taking inflation below 3% will be the tricky endeavor. Jim, among a number of experts, expects that we will see a recession this year and that the effort of globalization will unwind. Furthermore, a combination of factors will result in a secular bear market, which Jim elaborates on in his latest piece. Tune in to this episode for more insight.
Useful Links: Financial Survival Network Macro Tides jimwelshmacro@gmail.com
Summary: An exit may mark your final moments with your business, but it’s something you need to start thinking about at the beginning stages. Violetta Terpeluk joins me in this episode to talk about pitfalls to avoid when planning an exit, and stresses that the planning process starts right when you begin to grow your business. Rather than a one time event, the exit strategy should be viewed as part of larger process—influencing the specific approach to business growth. It’s critical to have a core team collaborating on decisions, and to evaluate emotional readiness, personal financial readiness, and business readiness in regard to the exit strategy. Listen in for more valuable insight.
Useful Links: Financial Survival Network IndigoFlow Financial Group
Summary: We’re already in the second half of January, and many are wondering what’s in store for crypto this year. Are we going to see more decentralized finance, or is the system going to reclaim its power? Here to discuss this is former Bloomberg reporter, Matt Leising, who discusses some of the implications of currency decentralization—the most impactful one being that the middle man is eliminated. Matt explains why this is such a game changer, and how smart contracts speed up the transaction process; additionally, crypto helps to eliminate Western Union fees and allows for the seamless transport of money to/from places with fewer banks. Matt emphasizes that crypto is not an attempt to replace the current monetary system, but that it offers a viable alternative for those wanting to protect their capital against inflation and unforeseen obstacles in the economy.
Useful Links: Financial Survival Network DeCential Matt Leising Twitter
Summary: It’s only the beginning of the new year, but so much has happened already. John Rubino comes on the show to discuss some of the latest and most interesting news, and we kick off this episode with some of the recent happenings in gold. With Ghana using gold to purchase oil and Russia and Iran looking into setting up their own gold stable coin, this signifies the start of gold being used as money again. Volatility, however, is ever-present, and charts demonstrate the first decrease after 30-40 years of steady increases. We’re in for a year of crisis and capitulation, and there are many factors at play. Tune in to this episode for more of John’s perspective on what’s to come.
Useful Links: Financial Survival Network John Rubino Substack
Summary: You can’t control everything that happens in life, which makes having a backup plan that much more important. Here to talk about the significance of planning is Chuck Knabusch, a bestselling author and leadership expert helping to guide other leaders through the planning and execution process. Chuck discusses strategies for planning within a business—suggesting that it is best to plan for the unexpected and run through scenarios that haven’t occurred yet. Attaining outside perspective is also a key component of this process so that you can be sure to consider all possibilities and prepare yourself. Listen in for more tips so that you and your business can be ready for whatever comes your way.
Useful Links: Financial Survival Network 13Ten Hope Is Not A Business Strategy: How To Take Control Of Your Business So It Won't Take Control Of You
Summary: We’re halfway through the first month of 2023 and consumer sentiment is better than expected. Will the January effect continue, and are good times here to stay? Edward Siddell comes on the show to talk about this, and is unsurprised by consumer sentiment given everything else going on. With rising inflation comes a subsequent rise in credit, meaning that people’s spending ability was unaffected during the holiday season. Nonetheless, we should brace ourselves for the inevitable—which will entail a bad earning season and many jobs lost, according to Edward. We should expect another round of quantitative easing, as well as a recession of unknown depths in the near future. Tune in to find out more.
Useful Links: Financial Survival Network EGSI Financial
Summary: I sit down and chat with Eric Hadik to get some insight on 2023—with specific regard to trends and cycles taking precedence in the global economy. Eric suggests that we are going to see the extreme side of some trends, and the reversal of others. As global supply chain disruptions continue and the Euro gets hammered, we’re preparing for a seismic shift in the Dollar’s strength that will take place over time. We can expect more volatility in the oil sector, as well as a potential down wave in stocks in late 2023. Tune in for a closer look at what’s to come over the course of the year.
Useful Links: Financial Survival Network INSIIDE Track Trading
Summary: Recently, the precious metals have displayed positive upside. Does this allude to prosperity for the sector in 2023? Jordan Roy-Byrne comes on the show to provide some information to be excited about regarding the precious metals—namely that gold will likely have its most significant breakout in 50 years. Jordan’s optimism about the metals comes from a few key indicators of strength; gold is outperforming other asset classes and exhibiting sustainability despite what it has endured over the last year. Furthermore, Jordan predicts that gold will outperform silver, and also talks about the types of companies to seek out for future investments. Tune in for more expert knowledge on the future of precious metals.
Useful Links: Financial Survival Network The Daily Gold
We sat down with, sponsor Regenx Tech's (TSX-V: RGX - OTCQB: RGXTF) CEO Greg Pendura and their US division's President Rick Purdy. The company is engaged in economically recovering large amounts of platinum and palladium from discarded diesel catalytic converters, most of which were headed for the landfill. They have first mover advantage. Purdy's commitment to the company led him and his family's move to the US. Impressed with the technology, we invested in shares.
Last summer we visited the company's newly perfected pilot plant, while it was planning an industrial scale facility. Regenx's oversubscribed rights offering enabled it to begin building its Tennessee plant. The situs was no accident; it's located in close proximity to one of the Southeast's leading recycling companies, thereby insuring a near endless supply of discarded diesel converters. Regenx has a huge advantage over potential competitors, who would need to build a raw material supply chain from scratch.
Regenx's proprietary process is an example of a green technology that is ready for primetime. In an eco-friendly manner, It recovers 90+% of platinum/palladium embedded in a diesel catalytic converter. Before Regenx, the choice was to smelt the metal out in a very dirty and uneconomical process. As a result over 2/3 of diesel catalytic converters presently find their way to landfills.
That's all about to change, with plant completion expected in Q1, production is slated for Q2 of 2023. The cash flow potential is enormous as is the scalability. We could eventually see Regenx plants pop up around the globe.
Company Website: www.Regenx.Tech
Ticker Symbols: TSX-V: RGX - OTCQB: RGXTF
Summary: I invite James Locke on the show to discuss 2023 in regard to the markets: where are the markets and interest rates headed, and will it be a happy new year for investors? James emphasizes that market behavior will ultimately rely on the Federal Reserve. Amongst other uncertainties, we should keep an eye out for predictability, which reduces volatility in any case. The war in Russia will have a major impact on energy and food—an unforeseen obstacle prior to last year. The US seems to be ahead of the curve on a number of important things, but it not immune to the shift in the global economy. Tune in to hear tips for investing that take into consideration what’s to come in 2023.
Useful Links: Financial Survival Network Poole Locke Associates
Summary: In this episode, Craig Hemke and I review some predictions he made in 2022, using these outcomes as a guideline for the year ahead. The Fed is going to have to decide if they want to continue to hike rates, and with history as a trustworthy guide, Craig suggests that we have seen this narrative before. A pivot is to be expected later in the year, and negative reports will ultimately cause the Federal Reserve to cut rates. Will they have any credibility left by the end of the year? Tune in to find out what’s to come.
Useful Links: Financial Survival Network TF Metals Report
Summary: Is traditional investing serving you, or is it time to search for alternative approaches? Robert Napolitano comes on the show to discuss what he learned from the ’08 crash, and how he re-structured his investing strategies to align with the modern financial economy. Following in his parents’ footsteps, Robert got into real estate investing about 20 years back, which was smooth sailing until the economy took a turn for the worse. Robert realized that all along he had neglected to prepare for a possible downturn, and this made him re-think his approach to investing. After filing for bankruptcy, attending law school, starting a family, and finally returning to the business, Robert now possesses critical insight that is worth hearing. Tune in to learn about re-evaluating your investing methods for success in today’s economy.
Useful Links: Financial Survival Network Capturing Tomorrow brilliant@capturetomorrow.com
Summary: To kick off the new year, John Rubino and I sit down and chat about expectations for 2023—specifically in regard to the state of the economy. One of the Fed branches announced that we are in a recession, which is a fair assessment given all of the recessionary indicators that can be observed. We’ve been seeing slowed growth for quite some time now, and should expect to see even more of decline going forward. The Fed is ultimately going to have to keep tightening until something (in this case, large cap stocks) breaks, and they will eventually be forced to ease again. Tune in for more insight and predictions from myself and John.
Useful Links: Financial Survival Network John Rubino Substack
Summary: Looking for a shortcut into real estate investing? Peter Vekselman comes on the show to talk about how to enter the real estate business—and the best part is that you don’t have to do it alone. Peter’s company, Partner Driven, is made up of knowledgable real estate partners that provide coaching and support throughout the investing process and help you secure funds. It’s a great way to get into real estate investing with guidance from individuals that understand the industry and can help you navigate deals. Tune in to learn more.
Useful Links: Financial Survival Network Partner Driven
Summary: If you’re a wage earner or small business owner looking to enhance your career in 2023, you won’t want to miss this episode. Global CFO Council’s President and Founder, Robert Bendetti, appears in this episode to provide strategies that will open up a multitude of career opportunities. Robert stresses the importance of networking; he emphasizes that 99% of your success comes from talking to friends, family, and business contacts—expressing your interest in new business opportunities. He also mentions numerous online resources that provide direct leads to open positions, such as the Inc. 5000 Fastest-Growing Private Companies in America. Tune in for more useful networking tips and career resources.
Useful Links: Financial Survival Network Global CFO Council
Summary: With the start of 2023, it’s time to start thinking about the year ahead. Is there a way to make money this year? If not, is there a way to hold on to what you already have? Jerry Fetta comes on the show to talk about how you can continue to make money in times of rampant inflation and heightened interest rates. It’s more costly to borrow money at the moment, so it’s wise to focus on investments that will not be easily impacted by interest rates. Furthermore, Jerry advises individuals to increase their active income. This does not necessarily imply adding income streams into the equation; rather, consolidation and taking advantage of what you already have are the keys to success. Tune in for more valuable insight.
Useful Links: Financial Survival Network Wealth DynamX
Summary: One of the predominant topics on Financial Survival Network is the importance of street smarts. We’re always looking for ways to grow this knowledge, and John and Rock Positano come on the show to share some of their insight with us. Their latest book, Street Smart: The Primer for Success in the New World, is a guide to spotting, seizing, and exploiting a lucky break. They talk about their early life in Brooklyn, and share some life experiences that allowed them to learn and grow. Street smarts—according to John and Rock—are vital to being a valuable and involved citizen, so be sure to tune into this episode to learn more.
Useful Links: Financial Survival Network Street Smart: The Primer for Success in the New World
Summary: Tough times are ahead as we approach the new year. Should we expect a white collar recession, or is the recession going to hit all parts of the economy equally? Eddie Yoon appears in this episode to discuss which industries are being impacted the most by the current economic conditions. Looking at employment, enormous cuts have been made in the realm of corporate staff. Recent instances of mass layoffs have demonstrated that management roles—especially those managing knowledge workers—are being omitted and will be at major risk in 2023. Thus, as corporations eliminate middle men, it looks as if we are truly entering the age of the solo-preneur. Tune in to this episode to find out what’s to come.
Useful Links: Financial Survival Network Eddie Would Grow Eddie Yoon Twitter
Summary: If you’ve given up on the stock market, it might be time to think again. Global portfolio manager and author Darrin Erickson comes on the show to discuss the financial opportunities still available, with special attention towards investing for the long term. Luckily, the contractionary market phase we are in creates opportunities, and Darrin identifies some key indicators of businesses that will yield strong results. Industries to keep an eye on include essential goods, some emerging markets, and various companies with attractive dividends. Furthermore, Darrin provides useful tips for investing in foreign companies, and factors to consider when deciding which move is right for you. Tune in for great insight and tips.
Useful Links: Financial Survival Network Global Investing: A Practical Guide to the World's Best Financial Opportunities
Summary: What’s in store when the holiday season is over? We’re fairly certain it’s a recession, and John Rubino appears in this episode to talk about what we can expect in 2023. The near future of the economy isn’t something to get too excited about; we’ve had negative growth for decades, paving the way for a currency collapse as the end result. John and I discuss the bad stats across the board—especially in consideration of interest rates—as well as recent leadership shifts that have left us questioning what the future holds. Tune in for more insight.
Useful Links: Financial Survival Network Dollar Collapse
Summary: Drew Pelton makes a guest appearance in this episode to discuss the Fed’s posturing, what to expect down the road, and how to position yourself in order to soften the blow of their next moves. When we analyze inflation overall, the percentage has come down a bit, but we are still at a whopping 7%. Even more worrisome is Jerome Powell’s talk of tightening, which is not what will motivate the economy at this point in time. With these things in mind, where should you put your money? Drew describes some investing strategies you can implement during these times—advising people to assess their conservativeness, the percentage of money they’re willing to put in the stock market, and individual predictions. Tune in for more useful insight from Drew on making educated investments.
Useful Links: Financial Survival Network Drew Pelton
Summary: Darryl Schoon comes on the show to highlight some of the points from his latest book, Docking at the Mothership: Notes on Going Home. Darryl was able to predict the economic crash a year before it happened, reflecting on the Fed’s decision to raise interest rates in 2006. Darryl watches these trends closely to develop his philosophy, and explains how a credit based structure largely determines the state economy. Will our financial system recover? Tune in to find out, and check out Darryl’s book using the link below.
Useful Links: Financial Survival Network Docking at the Mothership
We received a sponsor update from Fury Gold Mines' (TSX/NYSE American: FURY) from CEO Tim Clark and Exploration SVP Bryan Atkinson, and it was a big one. Fury drilled 13.5 meters of 8.05 G/T Gold at the Percival Project. The grade went as high as 25.8 G/T at 3 meters. These outstanding results virtually insure that the company will grow substantially and shareholders such as us will profit greatly.
Clark mentioned that the company's Dolly Varden Silver shares have been performing well as of late and are now worth over CAD $50 million. The company is sitting on $10 million in cash, which means Fury has an enterprise value of just CAD$9 million. A paltry valuation like this for a junior with all of Fury's attributes seems to defy reason.
Atkinson observed that Fury still has 13 other high-grade targets at Percival and is marching quickly ahead on the Newmont joint venture project as well. Now it's just a matter of pinpointing the most promising targets.
We suspected that great news would be forthcoming from Fury, but we had no idea how positive it would be. With the backing of Newmont and Agnico Eagle, through their equity positions, Fury represents the best in breed of a challenged junior mining sector. No doubt, 2023 will be a major turning point for Fury and the sector as a whole, and we're looking forward to being part of it, while sharing in the upside potential.
Company Website: www.FuryGoldMines.com
Summary: Will gold finally have its day? Junior stock mining analyst David Erfle comes on the show to discuss what’s happening to gold with regard to the markets and global economy. All numbers that are coming out point to a recession, and the stock market is beginning to roll over. As people realize that the central banks do not have a handle on the situation, heads are starting to turn towards the precious metals. David talks about the future of the sector, with chances for appreciation and big returns in quality juniors. Tune in to hear more about the prosperous year in store for this sector, and what to expect in 2023.
Useful Links: Financial Survival Network Junior Miner Junky
Summary: Murray Sabrin comes on this episode of Financial Survival Network to provide some expert libertarian perspective. Murray’s chief aim is to educate as many people as possible about economics, identifying teaching as one of the major highlights of his career. We discuss how an understanding of economics influences daily decisions—such as protecting oneself from inflation as a consumer. Furthermore, we talk about the prevalence of technology and its implications for authoritarian government tendencies. Tune in to hear more of Murray’s enlightening economic perspective.
Useful Links: Financial Survival Network Murray Sabrian Substack
Summary: It’s mid-December and Bitcoin is trading upwards of $18k. Cryptocurrency is gaining popularity and, if you are curious about how and why it works, then you will definitely want to tune in to this episode. I sit down and chat with Chuck Palm, the author of Demystifying Cryptocurrency, and we discuss his motivations for educating others on cryptocurrency as well as his personal view on crypto. Chuck addresses questions of stability, longevity, and acceptance of cryptocurrency within the global economy, as well as its overall utility. Tune in for more insight.
Useful Links: Financial Survival Network Demystifying Cryptocurrency Book
Summary: In turbulent economic circumstances, we’ve been asking one question: why is today’s inflation so different from the inflation back in the 1980s? David Stockman comes on the show to provide some direct perspective; as Ronald Reagan’s budget director and a former Michigan congressman, he pinpoints some of the factors that make our modern situation inherently different. Some of the contributors include bad policy, outsourcing a large share of the industrial economy, and the Fed misinterpreting data for decades. All of these things have led up to the monetization of debt, which traps us within a vicious cycle. Where does it end? Tune in to hear David’s thoughts on how this all happened and how we’ll (hopefully) get out of it.
Useful Links: Financial Survival Network The Great Money Bubble: Protect Yourself from the Coming Inflation Storm
Summary: Now is the time to be the most vigilant and think ahead about how you secure your personal data. Security expert Bryant Tow comes on the show to inform us about this. Oftentimes, people go as long as 100 days without knowing that an account of theirs has been hacked. How does this happen? Bryant explains the difference between open and closed operating systems and the risks to be aware of, but adequate cyber safety boils down to understanding what phishing looks like, looking for security measures (i.e. Captcha), and avoiding password reuse. Tune in for more insight from Bryant on how to protect your data.
Highlights: -How do you know if you’re being hacked? It can take over a hundred days to even realize that you’ve been hacked -Most adversaries establish command and control, and patch the vulnerability so that it will no longer show up in a scan but remain in your system -The Mac OS is closed, meaning you have to go through the company to get your application out on their store -Android is open, so anyone can develop an application. Adversaries are more likely to target these devices because it is easier -Bryant talks about the importance of empowering users rather than treating them as the weakest link -Even if all technical aspects are perfect, half of the attack surface is still open -Technology can only function as well as your process. We have to build a culture of security and make it something that people think about on a day to day basis -Bryant’s business offers training for phishing awareness—measuring how susceptible individuals are to phishing tactics -Bryant discusses several types of phishing methods used by adversaries -The most common hacking method is achieved through password reuse -Online shopping sites report that 60% of people will abandon their cart if their are no security measures on the site (i.e. captcha)
Useful Links: Financial Survival Network bryant.tow@leapfrogservices.com
Summary: Where has all the silver gone? Andy Schectman comes on the show to talk about what’s happening in precious metals, specifically regarding the decrease in inventory. This is happening both in the COMEX and the London Metals Exchange, and inventory is down almost four million ounces for the week. 673 tons have been shipped out of the COMEX this year—the highest yearly total since 1967—and liquidity is being stripped away as a result. Andy recommends starting to accumulate gold and silver now to set yourself up for future investments, expenses, and the unexpected.
Highlights: -Where has all the silver gone? -This is happening in the COMEX and the London Metals Exchange. The inventory is down almost 4 million ounces for the week -We’ve lost 100 million ounces in 18 months that have been delivered away from COMEX, which strips away their liquidity from an industrial perspective -We’ve seen 673 tons shipped out of the COMEX—which is higher than any yearly total since 1967 -Metals are moving eastward, and not coming back -For the -Gold has risen by $200 in the last few months and the commercial banks that typically short it have not joined in -Andy believes the banks have set a trap -The best thing to do right now is get out of debt as much as possible, and to prepare yourself for the future -Own silver because it is the most under-valued commodity right now, and will offer protection -Andy suggests 1oz of gold and silver coins that are widely accepted as a starting point
Useful Links: Financial Survival Network Miles Franklin info@milesfranklin.com
Summary: Looking for your next investment opportunity? Whether you live within or outside Canada, there is a Canadian based investment opportunity with high potential for profit, and Matthew Ablakan comes on the show to inform us about it. Matthew exhibited an entrepreneurial spirit growing up, and bought his first pre-construction property at just 19 years old. This launched him into a full time career as an entrepreneur, and he created the Millennial’s Choice Group to assist clients with real estate, mortgages, insurance, and education. Although interest rates are rising in the U.S. and Canada, Matthew highlights the profitability of investing in pre-construction properties in Ontario, especially given that interest can be written off. Listen in to hear more about the business that Matthew has built, and to learn how he is generating cash flow from every unit.
Highlights: -There is a deal available for Americans looking to invest in a Canadian product that has high potential for profit -Matthew was very entrepreneurial as a teenager. He attended university to study law, and bought his first pre-construction condo at 19 years old -Matthew recommends a backwards approach, bringing an education-based strategy to sales -US interest rates and Canadian interest rates are going up. Will this impact sales? With the way that the tax structure is set up, you write off your interest as an investor. -In Ontario, a lot of land is under the conservation authority—meaning it cannot be developed. -The cost of construction keeps rising, and Ontario has invested millions of dollars towards new trades, and will be welcoming more immigrants in the next few years. Big developers are holding out to launch projects. This still limits supply, and it’s best to position yourself now -All of Matthews expenses are being paid, and he is still generating cash flow from every unit
Useful Links: Financial Survival Network Millennial's Choice Free E-book
Summary: The stock market may be going up, but we’re worried about the Fed making a misstep. Dave Scranton comes on the show to unpack the current interest rate situation, explaining why they shot up sporadically and what needs to happen going forward. Ultimately, the Fed started this process too late and reacted too drastically, resulting in an undesirable outcome for everyone. Dave suggests that we need congressional support, with business friendly and pro supply chain policies to properly manage inflation. Tune in for more insight, and for expert advice on how to protect your finances in the meantime.
Highlights: -They’re not getting a lot of legislative help in regard to managing inflation, and their only available tool is raising rates -What will happen if the Fed arises 75 basis points? The markets will react negatively, because we’re starting to see inflation getting more tame. Ultimately, the Fed started late and reacted too drastically -We need Congressional support. With inflation, we can squash down demand, but this could kill the economy before it kills inflation -This situation requires smart policies coming out of D.C. that are business friendly and pro supply chain -Dave likes to focus on what we can control within our personal finances. Plan for everything up until the catastrophic worst -Evaluate what you can do/provide that people actually need -The only way to protect yourself is to put your money into things that generate enough money and dividends so that you are not worried about daily principal fluctuations
Useful Links: Financial Survival Network Sound Income Group
Summary: Understanding the economy is a lot easier than you think, and Howard Yaruss comes on this episode to prove it. His newest book, Understandable Economics, fosters a comprehensive understanding of the spectrum of markets—outlining clear justifications for government intervention and the creation and allocation of goods/services. Rather than labelling some markets ‘free’ and others ‘controlled,’ it is more helpful to explore the degrees to which each market utilizes both characteristics. Tune in to hear us discuss the most useful fundamentals of the economy, and be sure to check out Howard’s book for a fruitful source of concepts and explanations.
Highlights: -Howard Yaruss discusses his new book, Understandable Economics -Howard is an attorney, author, business man, and professor at NYU -Howard believes that economics is not readily understandable because it is frequently not taught correctly. You may leave an economics course with even more confusion about how the economy works -Economics is not a science; it’s about producing and dividing up all of the goods and services that govern our world -His book is not economics for dummies; rather, it is an effort to explain economics as it should be explained -Markets exist on a spectrum. Every nation has some government control—even North Korea has some element of free markets -Free markets are like a highway. They are a great system of transportation, but if there were no rules, they wouldn’t work. -There should always be a clear justification for government intervention, but when they overreach, they create a negative view of the government -People need to get involved and understand what is going on in the economy, and Howard’s book contributes to this. -If the market isn’t working, then it is acceptable for the government to get involved in funding the progress of innovations like EVs. -You can’t dictate a transition just because the market isn’t ready for it yet. It’s important to let the markets work it out -A lot of people believe that the government is the spender of last resorts -We shouldn’t be for or against regulation. It’s all about coming to an agreement on what regulations are necessary and helpful
Useful Links: Financial Survival Network Understandable Economics
Summary: I invite Russell Stone on the show to talk about what’s really happening with the employment numbers, because the data put out is often manipulated—failing to account for several criteria. Although it seems that jobs have gone up, Russell suggests that this could be attributed to old jobs resurfacing rather than organic growth. Furthermore, we discuss the underlying problem of the US dollar, which is that we are backed by credit that is eventually going to run out. For more insight and tips for how to prepare for the bumpy ride ahead, be sure to tune in to this episode.
Highlights: -You can’t always take what you’re given from government sources because there is a lot of manipulation within these numbers -No one talks about the birth to death ratio, which alters the job numbers quite a bit -The trend over the last three months has been stagnant -Are these new jobs being created, or old jobs that people were laid off from? Russell believes it might be the latter option rather than organic growth -Wages went up 5.1%, but the real inflation number is close to 15% -They used to include fuel, food, energy, and housing when calculating inflation, but they no longer account for these factors. -History tells us that we’re ready for a large correction -There is no easy solution for this, and we should prepare ourselves for a bottom -The production value of oil is ten times greater than any other commodity -Countries are pulling away from purchasing our oil because of the fear that we can’t support our dollar -We have to change the way we interact globally, which is going to come at the price of the dollar -You can’t run the world on debt, and the governments can’t beat the economy -Russell tells his clients to put a percentage of their money into silver -Silver has the greatest upside over gold -Stay away from the markets until they reach the bottom. Focus on cash-flow investments right now, and the things that are bringing you money -Check the ratings of your banks and insurance companies to make sure that you’re prepared for what’s to come
Useful Links: Financial Survival Network Scranton Financial Group
Summary: What’s in store for inflation and the markets? Charles Nenner comes on the show to discuss some financial charts and explain how cycles work. We’re in an inflationary cycle that could go on for the greater part of a decade, and we can expect low inflation until February of next year. This cycle correlates with the prices of things like food and energy, and will determine how the Fed feels at any given moment. Tune in for more analytical insight from Charles.
Highlights: -We’re in an inflationary cycle that could go on for quite a while—as long as a decade -We can expect low inflation until February of next year -This cycle is going to correlate with food prices and energy prices -Understanding these cycles makes investing more low risk because you can determine when it’s going up/down -Is the Fed going to be strict? It depends on how we feel at the moment, and cycles determine these feelings -Energy prices are headed lower until the end of the year -We are in the thick of the war cycle, and we have a new one coming in the middle of next year -There is a dominant hundred year cycle tied to war
Useful Links:
Download Charts discussed Financial Survival Network Charles Nenner
Summary: Recognizing red flags is helpful within personal relationships, but it can also help investigators unravel complex crimes. Chris S. Simmons, the author of Castro’s Nemesis, is extremely familiar with these behavioral analyses. He talks about discovering a subject that happened to be someone he already worked with—which was a surreal experience. Tune in for fascinating glimpses inside the mind of a spy, and be sure to check out Chris’s book linked below.
Highlights: -After three years of working with a few puzzle pieces, they narrowed it down to 10,000 people in the US working in an intelligence community. From there, they narrowed it down to 50 people, and three weeks later they found their subject -Chris describes finding the subject surreal, especially because they knew her personally -A big life lesson Chris learned was to follow people’s actions and behaviors rather than their words -If you’re leading a double life, they will eventually coincide -How do you train people to recognize red flags? To train people, Chris commonly sends people to restaurants or other public places to try and read the people in the environment and their situations -We are emotional creatures. Every decision you will make in life is based on emotion, but we use logic to reinforce that we made the right decision. -Considering our personal biases, you have a 50% chance of gauging someone’s body language correctly
Useful Links: Financial Survival Network Castro's Nemesis: True Stories of a Master Spy-Catcher
Summary: As rates continue to increase, it is difficult to pinpoint the Fed’s plan for the year ahead. I sit down and chat with Jim Welsh, who explains the thinking behind the rate increases and how to plan ahead using this information. Jim predicts that the Fed is going to keep the funds rate and monetary policy tighter for a longer period of time. Ultimately, we’re going to have to address problems that have been building up for decades, and although inflation will be reduced, it’s still going to hold above 3% for a while. Tune in for more valuable insight from Jim.
Highlights: -Back in March/April, no one thought they were going to raise the Fed funds rate. By summer, people started to panic about rates going up -Rates increasing by 50 basis points does not represent a pivot -They are going to hold the funds rate at a high level for all of next year -Rather than jamming on the breaks to ease, they’re aiming to do it in a gradual manner—which will probably lead to a recession -We don’t have enough people to fill the jobs that are open, which is problematic -Energy prices will probably stay at a higher plateau -Globalization helped to bring costs down over the last 20 years -We’re going to see a reduction of inflation, but it’s probably going to hold above 3%. From there, we will see what the Fed decides to do. -We’re still seeing supply chain issues, commodity shortages, and high deficit -Either we’ve already started a bear market in the stock market, or we are about to -We’re going to have to address problems that have been building up for decades -Buy and hold isn’t working because the market isn’t buying higher highs -Every secular bull market has been followed by a secular bear market -China has used real estate residential development to power the economy -Real estate, however, will not continue to support the demographic it has -The risk of China going after Taiwan is rising -The secular bear market affects a lot of things -Rather than buying and holding, focus on being tactical
Useful Links: Financial Survival Network Macro Tides jimwelshmacro@gmail.com
Summary: As we start the final month of the year, sentiment is not looking great. The market is indecisive, and employment, confidence, and decisiveness are all intertwined, Edward Siddell comes on the show to discuss what’s in store for 2023, starting with the fact that we are a victim of our own success. We’ve pushed inflation all the way around the world, and the enlarging debt bubble has to pop eventually. Edward advises us to be cautiously optimistic during this time—being meticulous and adopting strategies for the year ahead. Amongst other market uncertainties, one should pay special attention to the energy sector as a solid area of investment for 2023. Tune in for more insight
Highlights: -They’re not shedding jobs at a record rate yet, but this could change within the first month of the new year -There were close to 150,000 layoffs last month -We’re becoming a victim of our own success. We pushed inflation all the way around the world—importing goods and spreading the devaluing dollar -The debt bubble is inevitably going to pop -There is a correlation between the race to liquidity and all other consumer debt -The 22 million jobs we lost over COVID are getting filled in again, so next year we will probably see this number go down -You need to be cautiously optimistic in times like this. It’s important to be meticulous and have a thorough understanding of what is going on -Real estate prices are going higher, with lots of regional variation within the US -People can’t afford the houses that are out there right now, so renting is the more popular option -Edward suggests investing in the energy sector. Our oil reserves are at the lowest they’ve been since the 80s. As the reserve begins to dwindle, Edward estimates that prices will skyrocket next winter.
Useful Links: Financial Survival Network EGSI Financial
Summary: Between Black Friday and Cyber Monday there were over 61 million transactions, but not because inflation is getting better. I sit down and chat with Matthew Johnson, who points out that, as businesses make it increasingly easy to pay using credit, interest on these lines of credit is simultaneously skyrocketing. Credit card companies are taking full advantage of higher interest rates, and the problem isn’t being resolved any time soon. Tune in to hear more on this topic and to learn how you can be financially defensive in these circumstances.
Highlights: -The items that had the biggest purchase increase under buy now and pay later were food and beverage related -We are up tremendously in debt, and credit card companies are taking full advantage of higher interest rates -The average interest rate on a new credit line opened today is over 22% -We have grown to expect that the government is always going to come to the rescue -Both people who have and don’t have money are spending -We need to be careful with how we are spending are money because interest rates are not done going up quite yet -There is a lot of potential pain to come between now and the new year
Useful Links: Financial Survival Network Johnson Wealth and Income Management
We received a further sponsor update from Torq Resources' (OTCQX:TRBMF -- TSX.V: TORQ) CEO/Chair Shawn Wallace and Chief Geological Officer Michael Henrichsen. There's been a steady stream of positive news and the pace is accelerating.
The company announced that it has defined a gold--copper mineralized system over an impressive 800 meter strike length at the Falla 13 discovery (in its Margarita project). Most notable among the results: 64 m of 0.63 g/t gold (Au) and 0.63% copper (Cu) in 22MAR-017R, 130 m of 0.36 g/t Au and 0.28% Cu (including 30 m of 1.02 g/t Au and 0.57% Cu) in 22MAR-023R, and 62 m of 0.51 g/t Au and 0.38% Cu (including 16 m of 1.6 g/t Au and 0.98% Cu), in 22MAR-024R.''
CEO Wallace stated, "The successful completion of the second drill program at Margarita marks an important milestone for the project and the Company. It is incredible that less than one year ago, Margarita was a prospect without a single drill hole."
Chief Geological Officer Henrichsen concurred, "With our second phase of drilling complete at the Margarita project we have been able to delineate a mineralized body over an 800m strike length in a short amount of time. Over the next several months we will refine our targets through additional soil sampling with an emphasis on gold, additional induced polarization (IP) lines in the northern region of the project and continued geologic mapping. We look forward to outlining our third phase drill program for the project.”
The inaugural drill program at the Santa Cecilia project is next on the agenda. Torq expects major results here as well. CEO Wallace says: "I've never been more excited in my career...I cannot wait for this drill program. I'm giddy about it...The rarity of being able to go work on something like this...It's a dream come true."
As Henrichsen said, "Torq is tracking in the right direction." Major progress is being made on its projects and investors will eventually realize the rewards of Torq's aggressive strategy.
Company Website: www.TorqResources.com
Ticker Symbols: OTCQX:TRBMF -- TSX.V: TORQ
Summary:
Kyle O’Dell has a long history in the financial sector, and comes on the show to give his take on the latest GDP numbers. Although the 2.9% GDP headline looks promising, Kyle suggests that there is a lot more to it. Other variables such as increasing credit card balances, lower income levels, and lower savings indicate that the reality is less positive than we may be led to think. Kyle outlines some investing opportunities that provide safety within the downside, and we discuss the future implications of what is happening right now. Tune in for more insight.
Highlights:
-The employment numbers are looking weak and GDP is looking better
-The reality isn’t quite as encouraging as the 2.9% GDP headline; Kyle suggests that there is a lot more to it
-Credit card balances are going up, income is down, and savings are down. We’re also seeing sluggish business investments and a slowing housing market
-The reality is that the 2.9% is not as positive as it looks on the surface
-The reasons to stay away from the market or be cautious change every year
-Over time, a well diversified portfolio plays out, but you need to be careful about where you’re investing in
-Fixed index annuity has no downside at all, and this is a great place to draw from when the markets are down
-You have to have a plan and implement it before the market takes a step back
-As interest rates go up, the value of bonds decreases
-Productivity is down and supply and demand are decreasing
-Rising interest rates hurt business and the consumer
-We want to see strong GDP with lower inflation
-Banks sitting on money is going to hurt all sides of the economy
-The United States being more energy dependent is the best option
-Consumer sentiment reached its lowest point in June 2022
-We need to stop using a blunt object to solve all problems
Useful Links:
Financial Survival Network
Edgerock Wealth
Summary:
With all the recent social unrest and demonstrations are taking place in China, it is important to gather perspectives from those that have insight on the entire situation. Asia & Emerging Markets Strategist Carl Delfeld comes on the show to discuss why everything unfolding in this way, emphasizing that China’s primary goal is to preserve the Communist party and reunite Taiwan with their mother country. The overarching concern for America right now is preserving our dynamic stability, and Carl outlines some things to watch out for in the near future.
Highlights:
-Carl Delfeld has a long history in this part of the world
-Growth has been slowing and there is discontent among the private sector in China
-Their healthcare infrastructure is nowhere close to what it needs to be for how densely populated it is
-They have to put the rebellion down before they change the policy
-Everything happening right now is the perfect storm for the communist party
-Their ultimate goal is the preservation of the Communist party
-It’s highly probable that they will tighten rather than loosen
-It could be smart for them to open capital to the private sector; this could be the spark that gets the economy to the 5-6% growth rate that they need
-Reuniting Taiwan with the mother country is a large priority for China. Carl predicts this will happen around 2024 or 2025
-China's leverage over Russia is now almost total, and Russia is going to rely on China to get through this period. Carl believes that China’s real goal is to dominate Eurasia
-We need to take the right steps and preserve America’s dynamic stability
Useful Links:
Financial Survival Network
Power Rivals: America and China's Superpower Struggle
Summary:
As we start to think about tax planning, it’s important to plan for asset protection. How do you hold on to your wealth and establish protection? Clint Coons comes on the show to talk about how you can position your assets so that, in the event of a lawsuit, you won’t lose everything. Clint explains how you can use structures and trusts to keep your name hidden from the assets that you own if a creditor runs a search on you. Tune in for more insight and tips from Clint.
Highlights:
-There are lots of attorneys out there, and they bring in revenue by picking up clients with peculiar cases
-Many of Clint’s clients have faced shakedown losses
-Clint shows investors how to position their assets so that, if they get sued, they don’t lose everything.
-If someone is going to come after you
-People are typically focused on high value targets, which are people that have assets
-If someone runs an asset search on you, it’s good to make sure that nothing found puts you at higher risk. You can set up structures and trusts to do this, and to make sure that your structure isn’t attached to your name. Discover what a creditor can see, and take steps to remove your personal information from that database
-When you convert real property to personal property, you no longer have a homestay
-Trust planning makes a lot of sense for privacy and personal protection
Useful Links:
Financial Survival Network
Anderson Advisors
Summary:
This Black Friday didn’t look quite like last year’s, so I sit down and chat with Eddy Gifford to discuss the shift in shopping habits. Given the adjusted inflation numbers, online sales are not up in the way that businesses want us to think they are. As foot traffic declines, we’re starting to see the destruction of demand, which also means that employment will start to go up. Ultimately, things are going to get worse before they get better. Tune to get a glimpse of what’s to come in 2023.
Highlights:
-Black Friday is not what it used to be; the retail sector has spread out Black Friday promotions
-Online sales are not actually up given the adjusted inflation numbers
-We’re not seeing the same foot traffic we used to in stores
-We’re seeing the destruction of demand, which means employment is going to start going up
-Treasuries have started to retreat
-The first/second quarter of next year are probably going to be ugly
-We probably haven’t seen a bottom occur yet, and. things are going to get worse before they get better
-The economy may have impacted the election in terms of Democrats attacking Roe v. Wade
-The idea of the Fed easing at the perfect time may not be feasible
Useful Links:
Financial Survival Network
Tactive
Summary:
We saw the average price of a Thanksgiving meal go up this year as a direct result of inflation. How much longer will we see these trends, and can you experience financial wins despite volatility? Business transformation expert Carl Gould comes on the show to talk about this topic, and proposes a few different strategies for investing during this time. Furthermore, we discuss what is going to happen with employment, and things to be mindful of within your career or business. Tune in for more insight.
Highlights:
-The average cost of a Thanksgiving meal is up, which is directly indicative of inflation
-Some retailers are rolling back their prices for Thanksgiving food items
-We should expect higher than normal prices for the next 3-6 months
-You want to look for industries that are low now and on the rise (i.e. real estate)
-Invest and then participate in all of the up gains
-The Federal Reserve is being careful not to stall the economy while raising rates
-The job situation hasn’t deteriorated yet, but we can envision this happening
-Salaries will probably come down, and an unemployment correction won’t happen for a while
-When hiring, be cautious of those that have been moving around and may back out during tough times
-The average tenure of an employee is now three years
-Performance based pay is also very valuable
-One of the top strategies in a volatile economy is to bundle products/services together. This eliminates the cost of client acquisition
Useful Links:
Financial Survival Network
Carl Gould
Summary:
Unsurprisingly, the crypto space has been imploding. I have David Ackerman on the show to gain some perspective on the recent fraud that occurred, and how we can avoid these situations in the future. David talks about the importance of protecting information, says that clarity of regulation will ensure the safety and prosperity of cryptocurrency going forward. Tune in for more insight.
Highlights:
-The crypto space has been imploding, which is not surprising
-David Ackerman comes on the show to give us a unique perspective on how the recent fraud occurred
-At a high level, we’re seeing a lot of information being condensed into a few players
-In the crypto world, you don’t have protections about what information can/can’t be shared
-One of the flags that David missed was people not performing the same work across the board
-If you don’t understand what cryptocurrency does or what makes it valuable, it’s best to stay away from it until you gain that understanding
-Look inward and understand your own financial assets, get educated, and decide how much risk you are able to take
-This exemplifies why we need to put some guardrails around the digital currency industry
-Better clarity of regulation will prevent future crises with crypto
-David reassures us that many people in the industry are looking out for others and trying to make cryptocurrency more secure
Useful Links:
Financial Survival Network
MobileCoin
Summary:
Author, international real estate expert, and Austrian economics devotee John Michailidis comes on the show to discuss strategic planning and investing, which happens to be part of the title of his latest book. Many people lean on their 401k as their primary retirement plan, but John aims to enlighten people about the world of investment opportunities that exists. Take charge of your future and invest in areas that interest you, putting your money into assets that you believe in. Tune in for more expert knowledge.
Highlights:
-John’s book is designated to be a series of tastes
-A lot of people consider their 401k from their job to be their entire retirement plan
-Wall Street intends to maximize their own returns
-Is putting your money into the company 401k the best plan? Investing is more than just putting your money into something. There is a whole world of investing opportunity that the average person could know about
-The book is not meant to make you an expert, but to provide a general survey of investment opportunities and a list of resources that will guide you in the right direction
-With a 401k, funds are taken out of each paycheck and go towards a company that doesn’t necessarily have any allegiance towards you
-You need advisors that look out for your best interest
-You can self direct, but you need to research what that means. Investing is ultimately a team sport, and a solid collection of individuals will set you up for success
-Understand the fundamentals of the things you are investing in
-Go to conferences about what you want to invest in
-A lot of money was created in the last two years, and this money shows up in price increases
-Finances shouldn’t run your life, but they should be an important focus in life
Useful Links:
Financial Survival Network
John Michailidis
Summary:
China and Japan are dumping dollars, and many countries that borrowed in dollars have had their expectations of US currency being cheaper turned upside down. I sit down and chat with John Rubino to discuss this phenomenon, and he contends that extreme volatility is going to make its way from the financial markets to the currency markets. Furthermore, the prospect of a technological totalitarian state is no longer a distant theory, and direct actions are being taken to get us there. Tune in for more valuable insight.
Highlights:
-China and Japan are dumping dollars. Their currencies are tanking due to massive inflation, and they’re running through foreign exchange reserves to prop their currency up
-They’re selling US treasury paper
-How long will this last? You eventually run out of dollars
-The problem is that many countries borrowed in dollars because they expected for it to be cheaper and for the dollar to go down
-We can expect extreme volatility making its way from the financial markets to the currency markets
-We’re still in the early innings
-The US is giving billions of dollars to Ukraine, and they invested this money in a big crypto exchange The people running this crypto exchange were donating a lot of it to democrat politicians
-The prospect of vaccine passports is more likely, building a technological totalitarian state in front of our eyes
-The housing bubble has burst
-With today’s mortgage rates/prices, you need to make $120k annually to afford a median priced home
-Sales are crashing and home inventory is spiking; a recession looks unavoidable
Useful Links:
Financial Survival Network
Dollar Collapse
Art Halleran, CEO of rising star natgas producer Trillion Energy (OTCQB: TRLEF – CSE: TCF) joined us for a sponsor company update. To date, two wells have been recompleted and immediately began selling production. The first payment is due December 20, 2022. These wells alone will be generating US$3 million per month or as much as $36 million per annum. Revenue could potentially go higher as the operator seeks to optimize production and stabilize pipeline gas pressure.
Halleran has done the near impossible, he has taken a moth-balled gas field that was given up for dead and turned it into a potential billion-dollar asset. More importantly, while there are many new gas projects on the drawing board, under the best of circumstances they will take several years to come online. Europe needs the gas now! Trillion’s wells go from completion to revenue production in a matter of hours. This is due to some $600 million in off the books infrastructure that enables the company to rapidly connect new wells to its existing pipeline and gas processing system.
And the best is yet to come. 15 more wells are due to be drilled in two programs, 5 more in program A and 8 in program B. A new well should be coming on approximately every 45 days. (At $3 million per month added cash flow). You do the math, we're talking hundreds of millions before the company drills an exploration hole.
The company has many drill targets within its current block, as well as the ability to expand to other promising adjoining blocks. It has the seismic data and the infrastructure to rapidly tap into the most promising prospects. Trillion's huge potential upside has not yet been perceived by the market.
In his low-key style, Halleran sums it up best, “We are very pleased that our multi-well drilling program is off to a very strong start. We are “Two for Two” so far with both South Akcakoca-2 and Akcakoca-3 wells now successfully producing gas. Each well additionally has 10s of meters of identified gas sands ready for perforation and production in the future to keep production levels up. This is a desirable situation for the Company to be in.” As well as shareholders like us. Company website:
www.TrillionEnergy.com
Summary:
Inflation continues on, despite the efforts of the federal reserve and the government to make us believe that it is abating. With latent uncertainty and a long ride ahead, which sectors should we invest in right now? I sit down and chat with Dee Carter to recap what’s been happening in the markets—specifically in the energy sector. People are hesitant to invest in oil companies because of the push for renewable energy; on the other hand, fossil fuels are still an integral component of production. For general investing, Dee advises his clients to evaluate which sectors fit their particular situation, and mentions some things to consider in the current economy.
Highlights:
-We’re in a situation where we really don’t know what is going to take place over the next couple of months
-The senate is still 50/50
-We’re in for a long, tough ride that will probably last beyond January
-The problem right now is that no one wants to invest in energy—especially in oil companies
-No one wants to invest in something that may not be around 5-10 years from now
-Oil companies are receiving mixed directions in regard to production
-You can’t get away from fossil fuels because of how many products they are tied to
-We are perhaps entering the electrical situation a bit too early
-Right now, it is not feasible for all cars to run on electricity. It’s too early to do away with fossil fuels; we have to take it one step at a time
-Historically, energy transitions have been market driven—not government driven. The government needs to back down and let the markets do their work
-Energy is the place to invest. There are still some companies drilling, but some refineries have reached capacity
-We need to invest in the refinery process
-Surprisingly, consumer buying has not slowed down. We’re also still looking at pharmaceuticals and other health related sectors
-Look at sectors that fit your particular situation
Useful Links:
Financial Survival Network
Carter Financial
Summary:
Your job is never 100% secure, and this is why you need to learn how to think like an entrepreneur—no matter what career you are currently in. Steve Rozenberg comes on the show to talk about how he was forced to do this when he lost his job as a pilot back in 2001. As he reflects on this critical moment in his life, he wishes that he would have adopted this entrepreneurial mindset sooner. Losing his job was extremely difficult, but he gained the opportunity to invest in real estate and build a successful business. He is committed to helping others control their destinies and build wealth, and provides useful tips for adopting entrepreneurial skills and strategies.
Highlights:
-Steve Rozenberg was a pilot for a major airline for a long time, and was laid off after 9/11. This was a humbling moment for him, because he was solely focused on being a pilot up until this point
-Even if you think your job is safe and secure, it is important to remember that your position could be affected at any point.
-If you’re an employee, you still need to think like an entrepreneur.
-How do you get secure workers to think like entrepreneurs?
-Steve’s decision to invest in real estate was motivated by getting laid off; he was in survival mode. It’s difficult to have this mindset until you have a reality check
-Motivation is like a battery. It drains over time, and your “why” is what will carry you through—even as you use your battery.
-Taking action is the only thing that will propel you forward. Even as you encounter failures along the way, having a solid vision and reason for your action will allow you to keep going
-Act as if a disaster is going to happen tomorrow, and start making changes now
-Steve is still a pilot now, but he does it because he loves it—not because he needs to do it
-The more you can put yourself in uncomfortable positions, these things won’t be a shock when they actually happen
-In order to get to the next level in life, you must do something different
-Surround yourself with people that have different patterns, or have already achieved goals that you are working towards
-Create a date for when your business could run without you, or be a sellable asset
Useful Links:
Financial Survival Network
Steve Rozenberg
Summary:
We outgrow many things over the course of our lives, financial systems included. Is it time to move beyond capitalism? Marco Dondi, the author of Outgrowing Capitalism: Rethinking Money to Reshape Society and Pursue Purpose, comes on the show to propose how we can rethink capitalism to build a better future. His book sheds light on how the financial system and money operate; furthermore, Marco fosters understanding about how money can be allocated to ensure smooth transitions within the global economy. Proposing more of an equal balance between freedom and government intervention, Marco unveils some solutions for the problems and inequalities that stem from capitalism.
Highlights:
-Is it time to move beyond capitalism? What’s the difference between capitalism and free markets?
-Marco Dondi is the author of Outgrowing Capitalism: Rethinking Money to Reshape Society and Pursue Purpose
-We are starting to outgrow capitalism—especially in developed economies
-Capitalism has created many useful things, but it has also created many problems (i.e. inequality, environmental problems)
-Lots of people today think that the government should intervene whenever they see fit
-Capitalism entails a balance of freedom and government regulation
-Marco proposes that some things can be designed to be much more free
-Energy transitions have never been done by the government; they’ve taken place within markets
-Hefty investments needed to bring new technology to a level of efficiency
-There are times when the government needs to get involved, but sometimes they can do more harm than good (i.e. the energy crisis)
-Is a carbon free world worth it considering the turbulent path required to get there?
-The transition will not happen without new global regulations and countries that are willing to take the lead
-We need to decide to what extent we can cause pain; some countries are in a better spot to make this transition
-With climate change, there needs to be more strategic direction.
-The constraint continues to be that money is limited. It’s important to understand where the financial system is putting this money, and how it can be allocated in a better way
Useful Links:
Financial Survival Network
Outgrowing Capitalism
Summary:
There’s talk of inflation, stagflation, and rates going up—is it too little too late? David Stryzewski joins us in this episode to discuss why this time will not be different, emphasizing that the true cause of our current economic turmoil stems from supply issues. With this in mind, currency continues to spiral downward, and the next crisis will come as a result of adjustments on the earnings side of things. Nonetheless, there are a few investment opportunities to take advantage of in fluctuating markets—fixed index annuities being particularly opportunistic right now. Listen in as David shares information that is relevant to the current situation and strategies to pull you through uncertain times.
Highlights:
-A lot of what policy has been doing is actually making inflation worse
-Affording life is becoming a lot more expensive
-The consumer is 70% of our economy today
-41 and a half years account for a full cycle. The Fed cannot continue to raise rates like this
-Inflation comes from spending, but how did we not see the problem earlier? We didn’t see it because these dollars went into the banks, and banks were lending out money for mortgages
-More millionaires have been made in real estate over the years than any other industry
-These dollars got out into society, and the catalyst for inflation going through the roof was Biden’s administration
-When the Fed raises rates, the goal is that the consumer can borrow less and has less purchasing power
-As much as we believe “this time will be different,” this is rarely the case
-Analysts today are looking at earnings and noting that companies are making the same amount of money as they were in previous years. This is merely because prices are so high
-What we’re going through right now has always been a supply crisis
-The Fed essentially doubled mortgage rates, which has created a huge challenge. Rates have gone up about 4%
-Who affects supply? Right now, no steps are being taken to fix the supply issue
-Migration changes within the US are probably going to slow down
-Builders are in a very difficult spot today; it has been extremely expensive to acquire property to build, and to get the assets needed to build. Approvals have also become more troublesome to get
-Corporations are borrowing
-In regard to pensions, it’s going to be the American consumer that feels the pain of this
-We’re about to see the earnings side of things get adjusted, which is what the next crisis will stem from
-Hedging is known as taking a long position but having some defense in the event that things don’t work out
-You can make money in down markets; you just have to know where to go. You have to learn to understand cash, protected assets, and risk assets
-Bonds can lose money in five major ways
-Fixed Indexed Annuities have the ability to give you upsides when markets are going up, down, and sideways. They provide more certainty, and there has never been a better time to own these
-Utilize an asset class that doesn’t follow the same rules to reduce risk and increase returns
-Protected assets have less liquidity
-In the short term, we’re seeing a bit of a relief rally
Useful Links:
Financial Survival Network
Sound Planning Group
Summary:
Printing money during the pandemic has unsurprisingly caught up with us. What does this mean for interest rates, real estate, and our everyday finances? Debbie Bloyd comes on the show to talk about some of the most pressing consequences of inflation—the shift in the psychology of the housing market being a major one. Since rates today are nearly double what they were last year, buyers have lowered their budgets and accepted that this is the new normal. There is not much that we can do to change these circumstances, but Debbie talks about the things we can control, such as leveraging the money you already have and looking to buy rather than rent when possible. Tune in for more great insights from Debbie.
Highlights:
-The decisions being made in D.C. have major consequences. We printed a lot of money to help people during the pandemic, but the effects of this catch up with us at some point
-It is costing people to live more now than ever before
-A lot of people on fixed income are struggling
-Rates today are 7.7%—almost double what they were last year
-People that wanted to buy houses last year decided to wait it out, but have now lowered their budget due to the increase in rates
-On the flip side, home prices have gone down a bit
-There aren’t going to be people buying homes unless they have the money to spare
-People are waiting for prices to drop, but we have to accept that this is the new normal
-The people that are going to move are the people that need to move, and the housing market is going to calm down. Debbie predicts that people are going to sit still for the next few years
-Leverage the money that you have. When it sits in the equity of your home, it doesn’t gain anything
-Put your money into an investment that makes more than your mortgage
-If you’re moving from somewhere that has more expensive real estate, prices in states like Florida seem like a bargain. It’s important to remember that real estate is relative
-The Fed won’t pivot for a while, according to Debbie. They will raise rates again one more time next year; the situation isn’t changing for the next 6-8 months
-Home buying is still a better option than renting from a landlord
Useful Links:
Financial Survival Network
Money Strategies with Debbie
Summary:
The crypto space is melting down, and we’re looking at a potential laundering scheme with donation funds. The Founder of Robert Ventures,Joe Robert, comes on the show to talk about the current state of cryptocurrency, and outlines some important things that he has learned over the last year. The crypto movement is ultimately about taking custody of your own assets, and it’s crucial to assess sustainability in the long term when it comes to digital assets. Joe recommends a few solid cryptocurrencies to invest in right now, and provides expert knowledge on holding digital currency.
Highlights:
-Many theories are circling, but we don’t have the full picture yet
-When you have money that can be easily made, a lot of people show up on the scene and problems can arise. People try to take advantage of the situation
-The loudest players end up being the people that get in trouble
-Robert has learned that the ethos around the crypto movement is taking custody of your own assets so that no one can put them at risk
-In any market, if the yield seems unreasonable, it typically always is. It isn’t sustainable over a long period of time
-In a bad economy, you’re more concerned about return of investment rather than return on investment
-When will it be time to get back into crypto? Bitcoin and Ethereum are safe bets at the moment
-Anytime data integrity is necessary, the blockchain is going to be involved
-Even as tens of billions of dollars have been invested, there are still busted trades
Useful Links:
Financial Survival Network
Robert Ventures
Summary: The crypto space is melting down, and we’re looking at a potential laundering scheme with donation funds. The Founder of Robert Ventures,Joe Robert, comes on the show to talk about the current state of cryptocurrency, and outlines some important things that he has learned over the last year. The crypto movement is ultimately about taking custody of your own assets, and it’s crucial to assess sustainability in the long term when it comes to digital assets. Joe recommends a few solid cryptocurrencies to invest in right now, and provides expert knowledge on holding digital currency. Highlights: -Many theories are circling, but we don’t have the full picture yet -When you have money that can be easily made, a lot of people show up on the scene and problems can arise. People try to take advantage of the situation -The loudest players end up being the people that get in trouble -Robert has learned that the ethos around the crypto movement is taking custody of your own assets so that no one can put them at risk -In any market, if the yield seems unreasonable, it typically always is. It isn’t sustainable over a long period of time -In a bad economy, you’re more concerned about return of investment rather than return on investment -When will it be time to get back into crypto? Bitcoin and Ethereum are safe bets at the moment -Anytime data integrity is necessary, the blockchain is going to be involved -Even as tens of billions of dollars have been invested, there are still busted trades Useful Links: Financial Survival Network Robert Ventures
CEO Peter Dembicki and Exploration SVP Christian Rios gave us a sponsor update on Tier One Silver (OTCQB: TSLVF – TSX-V: TSLV). The latest channel sampling results from the Magdalena Target at Hurricane were reviewed. While the ultimate proof is delivered by the drill bit, these results show that Tier One is likely on to something big. They found 1 meter of 852.5 g/t silver, 1.54% copper, 0.34% lead and 0.23% zinc: 1 m of 522.5 g/t Ag, 1.15% Cu, 0.18% Pb and 0.18% Zn and 2 m of 232.5 g/t Ag, 0.37% Cu, 1.06% Pb and 1.78% Zn. Mineralization at Magdalena has been extended by 500 meters. So far 4 kilometers of vein corridors have been identified.
SVP Rios related, “It’s exciting to see the Magdalena target significantly expand after just 15 days of field work. Mineralization is present across horizontal and vertical extents with more than 150 m in vertical exposure and two levels of historical underground workings. Additionally, we are seeing anomalies that are consistent with an intrusive related system and the mineralization remains open in all directions, making this area a strong exploration priority of the 13 targets in the Hurricane district.”
Previously, SVP Rios’s efforts helped to reach a social agreement, which was rapidly approved by the communities adjoining Hurricane. Tier One took advantage and quickly started work, thus further dispelling many of the myths of dealing in Peru.
CEO Dembicki relates that there could be a copper-nickel deposit present that may rival some of these huge deposits found in Russia and Brazil. Upon confirmation of the sampling, Tier One’s optionality will increase greatly.
Peter gave us his take on the junior miner sector’s current state. He noted that silver has recently bounced back to nearly $22 and appears to be going higher. He further observed the paradox of increasing institutional investor interest, while the retail interest in the sector has been lackluster. Looking ahead to 2023, he thinks that investors will again start focusing on drill results, ore grades and other important data as they pour into miners again.
Prospective drill programs are now being refined and in early 2023 they will re-commence. It’s an exciting time for Tier One and for us as shareholders.
Website: www.TierOneSilver.com
Ticker Symbols: OTCQB: TSLVF — TSX-V: TSLV
CEO Peter Dembicki and Exploration SVP Christian Rios gave us a sponsor update on Tier One Silver (OTCQB: TSLVF – TSX-V: TSLV). The latest channel sampling results from the Magdalena Target at Hurricane were reviewed. While the ultimate proof is delivered by the drill bit, these results show that Tier One is likely on to something big. They found 1 meter of 852.5 g/t silver, 1.54% copper, 0.34% lead and 0.23% zinc: 1 m of 522.5 g/t Ag, 1.15% Cu, 0.18% Pb and 0.18% Zn and 2 m of 232.5 g/t Ag, 0.37% Cu, 1.06% Pb and 1.78% Zn. Mineralization at Magdalena has been extended by 500 meters. So far 4 kilometers of vein corridors have been identified. SVP Rios related, “It’s exciting to see the Magdalena target significantly expand after just 15 days of field work. Mineralization is present across horizontal and vertical extents with more than 150 m in vertical exposure and two levels of historical underground workings. Additionally, we are seeing anomalies that are consistent with an intrusive related system and the mineralization remains open in all directions, making this area a strong exploration priority of the 13 targets in the Hurricane district.” Previously, SVP Rios’s efforts helped to reach a social agreement, which was rapidly approved by the communities adjoining Hurricane. Tier One took advantage and quickly started work, thus further dispelling many of the myths of dealing in Peru. CEO Dembicki relates that there could be a copper-nickel deposit present that may rival some of these huge deposits found in Russia and Brazil. Upon confirmation of the sampling, Tier One’s optionality will increase greatly. Peter gave us his take on the junior miner sector’s current state. He noted that silver has recently bounced back to nearly $22 and appears to be going higher. He further observed the paradox of increasing institutional investor interest, while the retail interest in the sector has been lackluster. Looking ahead to 2023, he thinks that investors will again start focusing on drill results, ore grades and other important data as they pour into miners again. Prospective drill programs are now being refined and in early 2023 they will re-commence. It’s an exciting time for Tier One and for us as shareholders. Website: www.TierOneSilver.com Ticker Symbols: OTCQB: TSLVF — TSX-V: TSLV
Summary: Will your investments keep up with inflation so that you can retire, or will you have to work forever? This episode’s guest, James Locke, provides some information on how you can invest to prepare for retirement, tailoring strategies to your personal portfolio and needs. He says that it is critical to shift to income focused investing, and to always consider how you can invest some of your current income back into future income. Moreover, be sure to work with someone who will listen to your needs and help you create a sustainable plan for retirement. Tune in for more insight. Highlights: -A lot of James’ clients have left the options world -The number one question James gets is “Can I retire?” -There aren’t as many pensions anymore. People start to wonder if their money supply will last longer than them -What do you want to base your retirement on? What you know, or what you hope? -Shift from growth focused investing to income focused investing -Bonds, dividend stocks, and preferred stocks are good things to look into -If you invest a little of your income back into income, you can grow it over time -Look at your portfolio/retirement as if it were a house. Even if it’s worth more at a specific time, that doesn’t mean you can spend more -Stocks won’t go up until people are confident that rate hikes have stopped -It’s good to collect a number of perspectives. Make sure you’re working with an income specialist who will listen to your needs rather than telling you what you need Useful Links: Financial Survival Network Poole Locke Associates
Summary:
Will your investments keep up with inflation so that you can retire, or will you have to work forever? This episode’s guest, James Locke, provides some information on how you can invest to prepare for retirement, tailoring strategies to your personal portfolio and needs. He says that it is critical to shift to income focused investing, and to always consider how you can invest some of your current income back into future income. Moreover, be sure to work with someone who will listen to your needs and help you create a sustainable plan for retirement. Tune in for more insight.
Highlights:
-A lot of James’ clients have left the options world
-The number one question James gets is “Can I retire?”
-There aren’t as many pensions anymore. People start to wonder if their money supply will last longer than them
-What do you want to base your retirement on? What you know, or what you hope?
-Shift from growth focused investing to income focused investing
-Bonds, dividend stocks, and preferred stocks are good things to look into
-If you invest a little of your income back into income, you can grow it over time
-Look at your portfolio/retirement as if it were a house. Even if it’s worth more at a specific time, that doesn’t mean you can spend more
-Stocks won’t go up until people are confident that rate hikes have stopped
-It’s good to collect a number of perspectives. Make sure you’re working with an income specialist who will listen to your needs rather than telling you what you need
Useful Links:
Financial Survival Network
Poole Locke Associates
Summary: With the arrival of elections, many people are voting with economic issues in mind. Here to talk about the economic side of real estate is Sabrina Guler, the Co-Founder of Techvestor. Techvestor is a company that allows you to passively invest in short term rental investment properties, and has raised $21 million in the past 12 months. It runs through Airbnb and VRBO currently has 61 funds in total, over half of which are already active. Sabrina talks about the process of scaling Techvestor and maintaining short-term rentals to ensure the best experience possible. Tune in for more information on some of the exciting things Techvestor is doing, and to learn about the opportunity that lies in short term rental investments. Highlights: -Techvestor is primarily on Airbnb and VRBO -They have 61 funds right now, 30 of which are under contract and in the process of getting launched. They currently have 31 active listings up -They are primarily leveraged -When they started, they set a bar for the types of homes they would be buying—which is important within investment -They focus on larger homes with more amenities -It’s important to have good people on the ground that know the house very well, and understand your expectations -It’s the little things that contribute to a positive experience for guests across the board -As they scaled the business, they were able to move into new markets -They don’t have their own platform for direct bookings, but they plan to think more about this in the future -A lot of people (in Florida at least) get tripped up on sales tax, resort fees, etc. This makes accounting all the more important, Sabrina’s company performs this very thoroughly—taking location specifics into consideration Useful Links: Financial Survival Network Techvestor
Summary:
With the arrival of elections, many people are voting with economic issues in mind. Here to talk about the economic side of real estate is Sabrina Guler, the Co-Founder of Techvestor. Techvestor is a company that allows you to passively invest in short term rental investment properties, and has raised $21 million in the past 12 months. It runs through Airbnb and VRBO currently has 61 funds in total, over half of which are already active. Sabrina talks about the process of scaling Techvestor and maintaining short-term rentals to ensure the best experience possible. Tune in for more information on some of the exciting things Techvestor is doing, and to learn about the opportunity that lies in short term rental investments.
Highlights:
-Techvestor is primarily on Airbnb and VRBO
-They have 61 funds right now, 30 of which are under contract and in the process of getting launched. They currently have 31 active listings up
-They are primarily leveraged
-When they started, they set a bar for the types of homes they would be buying—which is important within investment
-They focus on larger homes with more amenities
-It’s important to have good people on the ground that know the house very well, and understand your expectations
-It’s the little things that contribute to a positive experience for guests across the board
-As they scaled the business, they were able to move into new markets
-They don’t have their own platform for direct bookings, but they plan to think more about this in the future
-A lot of people (in Florida at least) get tripped up on sales tax, resort fees, etc. This makes accounting all the more important, Sabrina’s company performs this very thoroughly—taking location specifics into consideration
Useful Links:
Financial Survival Network
Techvestor
Heye Daun, CEO of Osino Resources joined us for a sponsor update. Osino is developing the Twin Hills Gold District in Namibia; he’s moving rapidly to build a mine. Daun a native Namibian mining engineer has built several successful companies, which were successfully acquired. He cashed up Osino around 18 months ago, raising $19 million through a private placement and warrant exercise. Osino has been racing ahead ever since. It recently secured a non-dilutive $10 million credit facility to hasten the mine building process. Earlier in the year Osino acquired the nearby Ondundu project from B2Gold, adding nearly 1 million more gold ounces to the resource. Now it’s just a shade under 4 million ounces, Daun is confident that the company can push it over 5-million-ounce mark. He is undaunted by the junior sector’s current woes. While he’s open to Osino acquisition by an appropriate suitor, he’s very content to build this mine. Improving the lives of his countrymen is extremely important to him. Namibia is a very stable country that is openly supportive of the mining industry. When combined with the project’s economics the story is quite compelling. Based on $1700 per ounce gold, the company will be generating substantial cash flows upon mine completion, which Daun expects in 2025. Higher gold prices and enhanced exploration potential will make the project that much more profitable. Everything is looking up for Daun and Osino Resources and so is the share price. It seems that word has gotten out among well-heeled Namibian investors, they have been buying up shares at an impressive rate. Company website: www.OsinoResources.com Ticker Symbols: OTC:OSIIF TSXV:OSI FSE:R2R1
Heye Daun, CEO of Osino Resources joined us for a sponsor update. Osino is developing the Twin Hills Gold District in Namibia; he’s moving rapidly to build a mine. Daun a native Namibian mining engineer has built several successful companies, which were successfully acquired. He cashed up Osino around 18 months ago, raising $19 million through a private placement and warrant exercise. Osino has been racing ahead ever since. It recently secured a non-dilutive $10 million credit facility to hasten the mine building process.
Earlier in the year Osino acquired the nearby Ondundu project from B2Gold, adding nearly 1 million more gold ounces to the resource. Now it’s just a shade under 4 million ounces, Daun is confident that the company can push it over 5-million-ounce mark.
He is undaunted by the junior sector’s current woes. While he’s open to Osino acquisition by an appropriate suitor, he’s very content to build this mine. Improving the lives of his countrymen is extremely important to him. Namibia is a very stable country that is openly supportive of the mining industry. When combined with the project’s economics the story is quite compelling. Based on $1700 per ounce gold, the company will be generating substantial cash flows upon mine completion, which Daun expects in 2025. Higher gold prices and enhanced exploration potential will make the project that much more profitable.
Everything is looking up for Daun and Osino Resources and so is the share price. It seems that word has gotten out among well-heeled Namibian investors, they have been buying up shares at an impressive rate.
Company website: www.OsinoResources.com
Ticker Symbols: OTC:OSIIF TSXV:OSI FSE:R2R1
We sat down for a sponsor update with FPX Nickel’s CEO Martin Turenne. Interest in FPX has increased greatly as major nickel customers line up to secure future deliveries. In addition, FPX built a pilot production plant to prove the efficacy of its nickel sulfate refining process and its ability to produce high-grade metal, without the need for smelting. Results from the first 18 tons of material are expected before year end (or early January) and Martin says the metallurgical results are huge and could be just the catalyst FPX needs for a revaluation of its shares.
Nickel has been hot. A March short squeeze sent it soaring and it has since come back down to earth, but it was still trading at a healthy $11 per pound the day we spoke. That’s a level Martin is very comfortable with.
He’s extremely bullish and for good reason. The recently passed US Inflation Reduction Act has many benefits for the battery metal sector and FPX in particular. The Act provides a $7500 tax credit to EV purchasers, provided that the batteries contained therein were produced in the US with materials from the US, Canada and Australia. This has led to a surge of companies seeking to build battery factories in the US.
Additionally, the Act provides $750 million to junior companies to help them perform the requisite studies and compliance requirements needed to fast-track their production. This is a tremendous boost to smaller companies seeking ever more scarce capital.
Step-out drilling continues at the Van Deposit. Results will be forthcoming shortly. An updated mineral resource estimate is on the way for the Baptiste Deposit. Therefore, all the steps are in place for FPX to advance its projects and ultimately realize its true value.
Company website: www.FPXNickel.com
Ticker symbols: OTC: FPOCF — TSX-V: FPX
We sat down for a sponsor update with FPX Nickel’s CEO Martin Turenne. Interest in FPX has increased greatly as major nickel customers line up to secure future deliveries. In addition, FPX built a pilot production plant to prove the efficacy of its nickel sulfate refining process and its ability to produce high-grade metal, without the need for smelting. Results from the first 18 tons of material are expected before year end (or early January) and Martin says the metallurgical results are huge and could be just the catalyst FPX needs for a revaluation of its shares. Nickel has been hot. A March short squeeze sent it soaring and it has since come back down to earth, but it was still trading at a healthy $11 per pound the day we spoke. That’s a level Martin is very comfortable with. He’s extremely bullish and for good reason. The recently passed US Inflation Reduction Act has many benefits for the battery metal sector and FPX in particular. The Act provides a $7500 tax credit to EV purchasers, provided that the batteries contained therein were produced in the US with materials from the US, Canada and Australia. This has led to a surge of companies seeking to build battery factories in the US. Additionally, the Act provides $750 million to junior companies to help them perform the requisite studies and compliance requirements needed to fast-track their production. This is a tremendous boost to smaller companies seeking ever more scarce capital. Step-out drilling continues at the Van Deposit. Results will be forthcoming shortly. An updated mineral resource estimate is on the way for the Baptiste Deposit. Therefore, all the steps are in place for FPX to advance its projects and ultimately realize its true value. Company website: www.FPXNickel.com Ticker symbols: OTC: FPOCF — TSX-V: FPX
Summary: An undeniable paradigm shift taking place lies in the move towards self sufficiency. This is a major component of the rural lifestyle, and Aaron Clarey comes on the show to talk about some of the things he noticed when transitioning out of urban life in his move to South Dakota. Aaron describes many of these changes as psychological. Leaving a big city means getting used to a slower pace of living, with less hustle and bustle and establishments that shut down earlier. He has found himself less concerned with the US/global economy, and has an interesting perspective on these things in relation to his life in a rural community. Tune in for more insight. Highlights: -There are paradigm shifts taking place, and a major trend taking place is the move towards self sufficiency -Many people experience a shock when they go to less urbanized areas -Aaron has adapted to the rural lifestyle, having lived in South Dakota for a while now -One of the biggest adjustments is going from the hustle and bustle of traffic and constant activity to the slower life or rural communities. It’s a psychological adaptation -Establishments have fewer employees, and thus close down earlier -Higher end amenities are few and far between -There is a greater sense of community in more rural areas, which comes with heightened accountability—but this is good thing -Aaron feels somewhat divorced with the US/global economy, but this comes from his job. He considers himself a contrarian investor -Aaron is also a minimalist; he doesn’t have many expenses -It’s good to pay attention to politics and economics, but responding with anger doesn’t accomplish anything. -Accept what you do and do not control, and don’t let the negative things that aren’t in your control bring you down Useful Links: Financial Survival Network Captain Capitalism Aaron's Consulting Company
Summary:
An undeniable paradigm shift taking place lies in the move towards self sufficiency. This is a major component of the rural lifestyle, and Aaron Clarey comes on the show to talk about some of the things he noticed when transitioning out of urban life in his move to South Dakota. Aaron describes many of these changes as psychological. Leaving a big city means getting used to a slower pace of living, with less hustle and bustle and establishments that shut down earlier. He has found himself less concerned with the US/global economy, and has an interesting perspective on these things in relation to his life in a rural community. Tune in for more insight.
Highlights:
-There are paradigm shifts taking place, and a major trend taking place is the move towards self sufficiency
-Many people experience a shock when they go to less urbanized areas
-Aaron has adapted to the rural lifestyle, having lived in South Dakota for a while now
-One of the biggest adjustments is going from the hustle and bustle of traffic and constant activity to the slower life or rural communities. It’s a psychological adaptation
-Establishments have fewer employees, and thus close down earlier
-Higher end amenities are few and far between
-There is a greater sense of community in more rural areas, which comes with heightened accountability—but this is good thing
-Aaron feels somewhat divorced with the US/global economy, but this comes from his job. He considers himself a contrarian investor
-Aaron is also a minimalist; he doesn’t have many expenses
-It’s good to pay attention to politics and economics, but responding with anger doesn’t accomplish anything.
-Accept what you do and do not control, and don’t let the negative things that aren’t in your control bring you down
Useful Links:
Financial Survival Network
Captain Capitalism
Aaron's Consulting Company
Summary: Are home values and securities/investments going to implode? I sit down and chat with New York real estate expert Andrew Ragusa to get the latest insight on what’s happening in real estate, especially in light of the economy and politics. Speaking from his experience in the industry, Andrew reports that many people are leaving New York City and settling in the suburbs, and this is largely influenced by crime. He also notes that, although people don’t have as much buying power as they once did, people are still buying and there is a lot of inventory on the market. Tune in for more information on what is happening and what is to come in real estate. Highlights: -Everyone is concerned about inflation, the price of food, and the prices of homes -People are headed to the ballots with financial issues in mind -People are upset with how much money is being spent -New leadership in Congress could help put some sort of check in place -Homeowners in NY are also thinking about crime -Lots of people are leaving the city and relocating to the suburbs -We’ve seen a 5-6 point increase in a year, and prices have still not budged very much -New York State could very well shift political views, with many voters going red this time around -The bidding wars with properties are no longer as drastic -People don’t have the same buying power they used to, but they are still buying nonetheless. There’s also a decent amount of inventory on the market. Beforehand, many people were settling for a home rather than finding one that fit all of their criteria Useful Links: Financial Survival Network Andrew Ragusa Instagram Andrew Ragusa Website
Summary: How do you reach your goals in difficult times? J.D. Frost has asked himself this question, and is coming out with a new book called The Life Ledger to help you make progress and work towards what you want. J.D. believes that writing down your goals and reviewing them each day is essential to reaching your desired life, wealth, and accomplishments. In his book, he introduces the daily ledger practice, which is a way for you to write down your targets and affirmations and track progress towards your goal. If you want to be in the 1%, be sure to tune in to this episode and pre-order J.D.’s book, which is linked below. Highlights: -J.D. Frost has a new book coming out called The Life Ledger, and talks about how he has prevailed in difficult times -The way you spend your time each day dictates how you spend your money. Additionally, your intentionality with your time is a lead indicator of your wealth -Every 30 minutes, take account of what you are doing -Ask yourself: is what you are doing an asset or liability -Time management alone won’t lead you to success. Writing down your goals every day and reviewing them will help you get to where you want to be -To stay in the coveted “1%,” you have to always keep in mind that the tasks you do every single day contribute to your situation. Daily effort is required to reach your goal -The daily ledger: write down your targets, which are short term daily confirmations that you can achieve your goal -We spend a lot of time thinking that we’re busy rather than being productive or focused -Define what wealth is for you, and determine what you really want -Intentionality and focus are crucial to create the wealth that you desire -Find somebody that has done it before you, and use them as a benchmark of where your focus should be. Seek mentors in people that want the same things as you and are working towards similar goals -Affirmations are also part of the daily ledger -If it’s not working yet, keep doing it Useful Links: Financial Survival Network The Life Ledger: How to Build a System to Reach Your Goals J.D. Frost
Maturing debt in a higher interest rate environment is spiking everyone's debt-carrying cost. US now spends more on interest than defense. Meta is firing thousands of employees this week. Lots of other tech companies doing the same on a smaller scale. Mortgage rates at 7.5%, mortgage demand plunging. The housing bubble has definitely burst. Huge shift in stock market leadership from tech to energy. Twitter take over by Musk and the fallout. Gold and silver had a massive up day on Friday. Meanwhile, central banks are buying gold at a record pace, some of them in secret. Can we talk about the Atlantic "covid amnesty" article and the response to it? Is a Red Wave coming on Tuesday?
Summary: Looking for a breath of fresh air outside the corporate world? A startup company or small business environment might just be exactly what you need. I have Adam Tank on the show to undertake this topic, and he points out some of the benefits of this transition, which he made in his own career. After working in the corporate world, Adam made the decision to bet on himself and hasn’t looked back. He encourages people to create a product or service that lends itself to the skills they already have, and to target the more resilient/essential industries. Highlights: -When you look at what’s happening in real estate and the markets in general, it’s a bit disappointing. Perhaps you need to become a startup junkie -Adam used to work in the corporate world. His primary goal was to get paid every two weeks and earn benefits, and rely on big companies rather than himself -He wishes that he would have bet on himself a lot sooner. There is a lot of risk management that happens when you bet on yourself -We’re now seeing massive rounds of layoffs within tech companies -Create a product or service that lends itself to the skills that you already have as a creator -Look at industries that are resilient (i.e. water, power, etc.) -Is college still worth it? -Go out and do things; rather than just absorbing information, involve yourself in projects and gain real world experience -Adam wishes he would have transitioned to the small business environment or started his own business sooner -The best time to be greedy is now; its’s buying/investment season -We’re probably going to see a lot of new startups cropping up in the next year Useful Links: Financial Survival Network Adam Tank
Summary: Gold has been lagging, but recently showed a bit of life. To get the proper gold forecast, I invite Gary Wagner to come and discuss this topic with me. There are multiple factors influencing the price of gold, a crucial one being dollar weakness. This weakness was the preemptive force in moving gold prices, but future gold prices will be largely determined by other reports, including third quarter GDP. Tune in for more insight. Highlights: -Dollar weakness was the preemptive force moving gold prices -The question becomes: how much have the intense rate hikes impacted inflation? -The third quarter GDP is going to be key -Will this be the last raise, or are we near the end? -Putin is not just fighting Ukraine, he is fighting the West -$17 in gold price were attributed to dollar weakness -We’re seeing resistance at 16.80 Useful Links: Financial Survival Network The Gold Forecast The Gold Forecast YouTube
Summary: How much lower can markets go? Perhaps the answer is in the futures market. To better understand the trends being exhibited in futures, I sit down and chat with Phillip Strieble, the Chief Market Strategist of Blue Line Futures. He explains that the Fed and central banks are not going to stop tightening any time soon, and these decisions are made retrospectively. Using data of the past to pave the way for the future is not always successful, and we can expect to see rates rise until late 2023/early 2024. Tune in for more insight. Highlights: -We are still in the midst of a tightening cycle; the Fed and central banks will continue to over-tighten into the new year -Things are essentially going to go from bad to worse -The GDP increased by 2.6%, but this data is in the rearview -The Fed bases their decisions with raising rates on the past -The unemployment rate is going to continue to tick up -Will the Fed be successful in bringing down inflation? -Energy costs in the UK will be up in the winter; in turn, the costs of other goods have to go up -The last quarter of 2023/first quarter of 2024 is when the Fed is expected to finally cut rates -There are a lot of things we can do to get oil prices lower -With the environment, we’re not going to see real change unless other countries around the world are involved as well Useful Links: Financial Survival Network Blue Line Futures
Summary: Economic growth is slowing, and with all of the economic instability, it’s necessary to rethink your plan for success. Jennings Smith comes on the show to talk about how you can do this with real estate—specifically the commercial realm. Real estate is one of the best ways to protect yourself from inflation because you can use debt as a lever; cash left sitting around is going to inevitably erode. Jennings provides some information on what’s happening in the commercial real estate industry, and gives tips on how to establish yourself whether you’re new to commercial real estate or already involved. Listen in for expert insight. Highlights: -We’re seeing rising inventory in real estate, and rents are peaking in many markets -He has built up a real estate portfolio of over $60M -Rents are peaking and even dropping. Is this a good time to invest in real estate? -Jennings primarily focuses on commercial real estate. Real estate is one of the best ways to protect ourselves from inflation because you can use debt to lever yourself -This is a great time to get into multi-family real estate; if you leave your cash sitting around, it is going to erode -Prices have cooled off a little bit in the commercial space, but we haven’t seen the drastic “fall off the cliff” we saw back in 2010 -Don’t sit around waiting; actively look for creative/non-retail price deals -Many people are not incentivized to sell right now -There is a lot more inventory flooding the market with multi-family real estate, but Jennings has not witnessed massive motivation -Many sellers are not willing to take a cheaper price unless they have to -More sellers are open to seller financing and other options -If you don’t have a track record, you should probably start with a single family home -Building your reputation amongst brokers can help you generate more deals -If you see a property in your town that is overgrown, this indicates that someone is not happy with their property. Calling the number on the sign and talking to the owner is a great start to sealing a potential deal Useful Links: Financial Survival Network Jennings Smith
Summary:
-In spite of lower earnings, we’re getting a market bounce. Avi Gilbert comes on the show to give us an idea of what’s going to happen. Moving in the opposite direction of what was expected, we’re seeing a rally that could last a few more weeks. During a time like this, it’s easy to get swayed by the news, but Avi asserts that following charts and markets can help you pinpoint the highs/lows. Tune in for more insight on what’s to come.
Highlights:
-We’ve done the opposite of what everyone expected, and we could rally for a few more weeks
-Avi is watching how the rally takes shape in order to determine if we’ll see a higher high over 4800 or not
-Tune out of the news and listen to the charts and markets
-It’s the interpretation of the market participants that will drive what happens
-Silver possibly has a lesser potential for already hitting its low
-With energy, Avi is questioning if the low has already been struck
-Avi doesn’t believe that bonds are completely dead right now, but this is subject to change
Useful Links:
Financial Survival Network
Elliot Wave Trader
Summary:
How much longer will we have to endure the treacherous economic waters? Adrian Reid comes on the show to give us some insight on the how these trends will play out in the near future, reminding us of some of the factors that contribute to a bear market. It’s more important than ever to study market history and know what the markets are capable of in these conditions. Tune in for more knowledge and tips from Adrian.
Highlights:
-We’re in a category five economic storm around the globe, creating treacherous waters for investors
-How much longer will this trend continue?
-If we don’t get inflation under control, bad things are going to happen
-The biggest up days and strongest rallies occur in bear markets. It’s important not to be fooled; be wary of jumping on board
-Many traders/investors lack patience, which is their biggest downfall. In the markets, you have to adopt a long-term view\
-Look for long-term change in a trend and lower volatility
-Market volatility remains high, but we’re not in a bull market
-Knowledge of market history is crucial. It’s important to look at charts (i.e. DOW, S&P) and study them at a granular level
-Eventually, we’re going to have to start looking for a bottom, but it’s important to be patient
Useful Links:
Financial Survival Network
Enlightened Stock Trading
Summary:
Inflation is here to stay, and Lobo Tiggre comes on the show to talk about why this is the case. Countries like China are paying the price for their totalitarian form of governing, as well as countries/states that were more strict during the pandemic. Additionally, we are in the midst of a bear market that is a product of the Fed raising rates, and the US consumer is still spending in hopes that the Fed will beat inflation. Tune in For more insight.
Highlights:
-Things look bad right now, but fear not—we’ve been here before, and we’ve gotten out of it
-China is now paying the price for having totalitarian power; they are still struggling as a result of the lockdowns
-The states that were more ‘free’ during the pandemic are doing better now
-We’re in the midst of a bear market that is a reaction to the Fed’s raising of rates
-In the US, the consumer is still spending
-The average person still things the fed is going to beat inflation
-Triple digit oil prices are probably going to be the new normal
-If you don’t like the price of gasoline, buy some oil companies and profit on the upside
-Utilities are regarded as a safe investment, but they don’t have control over their pricing—they’re governed by politics
-In regard to currency, the dollar will be the last man standing
Useful Links:
Financial Survival Network
Independent Speculator
Summary:
If you’re interested in real estate and/or home flipping, you’ll want to tune in to this episode. Glenn and Amber Schworm have done a thousand home flips and brought in thousands of dollars of revenue from this business venture. They come from humble beginnings, entering the industry with no money but a surplus of determination and drive. They are passionate about helping everyday people create wealth through real estate investing, and you can hear more of their story and ambitions in this episode.
Highlights:
-Glenn started his first company at 19, and him and Amber were in networking/marketing companies
-They were in debt and had to decide what professions to undertake
-They went to a real estate seminar, and the speaker made them consider the concept of flipping homes
-The first flip is always the hardest. Glenn and Amber used a bank loan to buy the house, and credit cards to do all of the flips. After they flipped it, they brought in $17k
-In 2008, they lost all of their funding for their houses under contract, and started utilizing private lenders
Useful Links:
Financial Survival Network
Glenn & Amber Schworm
We sat down for a sponsor update with Fury Gold Mines’ CEO Tim Clark and SVP of Exploration Brian Atkinson. The company recently concluded an 18,000 meter drill program and has received half of the results to date. Drill results from two holes came in particularly strong, with the first (drill hole 22EC-055) intercepting eight zones of mineralization across 290m, including 4.0m of 5.75 g/t gold, 1.0m of 9.81 g/t gold and 3.0m of 1.93 g/t gold and with the second (drill hole 22EC-049) intercepting six zones of gold mineralization across 350m including 1.0m of 21.40 g/t gold and 4.50m of 1.09 g/t gold, at the Hinge Target.
This resulted in mineralization being extended by nearly 25%. SVP Atkinson explained, “We have now stepped out over 450m from the defined Eau Claire Resource and have yet to find the limits of the mineralized system…further drilling may potentially lead to a substantial increase in defined gold ounce resources. The goal is to find 2 million ounces.”
CEO Clark added that he is very pleased with the results and the company is looking forward to next year’s drill program. The recent partial sale of Fury’s shares in Dolly Varden Silver, together with other earlier transactions has left Fury with C$13 million in the treasury. Thus next year's drill program is in the bank. The company's stability continues to attract additional institutional investors and interest from major producers. While many of its peers have had to put things on hold, Fury continues ahead unabated.
The junior mining sector finds itself in a paradox. Institutions are following the sector closely, while individual investors are all but ignoring it. Quite clearly there is a disconnect and this could be the pathway to large profits, which is why we own shares in Fury and are committed to the sector.
Company website www.FuryGoldMines.com
Ticker Symbol: TSX/NYSE American: FURY
Summary:
What can you do to accomplish your goals and lower your risk within the current economic environment? Russ Morgan from Wealth Without Wall Street comes on the show to talk about how you can make sound investments in uncertain times, and ultimately mitigate your risk. Russ emphasizes the importance of monthly cash flow investments, and recommends the non-typical investments. Tune in to hear more about how you can manage your risk and make wise decisions in uncertain economic circumstances.
Highlights:
-Inflation is showing no signs of letting up, everything is getting more costly, and we’re seeing heightened geopolitical risks
-You can’t live off of fixed income without it being impacted whenever the government makes changes
-You can’t eliminate the effects of inflation, but you can creatively mitigate your risk in a few ways
-Russ has been investing for cash flow very heavily over the last 2-3 years
-Passive income greater than monthly expenses is financial freedom
-Rents in the real estate are going up rather than down
-It’s helpful to invest in multiple cash flow sectors—especially non-typical investments
-Russ recommends The Art of Passive Income Podcast if you’re curious about land investments
-How long is this down cycle going to last?
-Interest rates will probably raise for the next 12-18 months, and then come down sharply
-This makes sense if you consider that the commercial banks own the Federal Reserve
-Find investment opportunities that make cash flow on a monthly basis. Everything can lose money, but making cash monthly puts you in a more secure position
-Investing for rate of return and not understanding what you’re investing in are some of the greatest mistakes, according to Russ
-Many people invest in things that they can’t touch, with no access to their cash flow
Useful Links:
Financial Survival Network
Wealth Without Wall Street
Summary:
Could the Yen be the currency to collapse and set off a domino effect? I sit down and chat with John Rubino about all of the economic factors that are contributing to the state of flux we are in. At the most basic level, it is a problem of currency and inflation, but extends to relations with Russia, the prospect of war, and the major mindset shift that is taking place. We are in a time of immense change, and numerous issues are contributing to this change. Tune in for more insight.
Highlights:
-What’s going on with the Yen? It’s all the talk right now
-For the past 30 years, the Japanese has been borrowing large amounts of money and using it to finance infrastructure programs
-For a long time, this worked, and they could take debt at extremely low interest rates. Now, they are facing large inflation, and are struggling to support the currency
-Could the Yen be the currency to collapse and set off a domino effect? Time will tell
-China is the only major economy that is cutting rates, but their currency is falling as well
-Previous bubbles have been sector specific, but this one is centered around money
-Europe is stocking up on natural gas in preparation for the Russian cutoff
-There is zero inflation in the commodity space
-Used cars and home sales are also down
-The people in charge right now seem to want a war
-Elections are coming up as well, and we’re seeing people settling for candidates they may not normally prefer
-States have changed their political alignments, with generational shifts. We may be on the verge of one now
-These things change for a number of reasons. It looks as if we are now focused on things like crime and the declining country
-The Republicans have shifted their rhetoric to appeal to working people rather than corporate CEOs
-Groups such as Latinos have shifted their alignment
-There is a shift in the voter profile that is taking place. This is a necessary shift; we should be focused on class issues and increasing the wealth of the working people
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
If given the choice, why wouldn’t you reduce the risk of your home getting broken into? Thankfully, you DO have the choice, and Robert Siciliano comes on the show to talk about how this type of risk reduction is massively underutilized. We live in a society where people are preoccupied with information security measures, and yet, these same people neglect to install security systems in their own homes. These extra measures are not synonymous with paranoia; rather, they instill preparation for the criminal activity that can occur anywhere—no matter how safe you perceive your neighborhood to be. Tune in to hear more about why home security is especially important now, and to learn about how you can start taking extra measures.
Highlights:
-We’re in a post-pandemic inflationary environment. How do you survive and thrive in this world?
-Lots of people are resorting to violence and theft. Throughout the pandemic we’ve seen increases in substance abuse, domestic violence, and more division than we’ve ever seen
-There has been an increase in crime all across the board
-Taking extra security measures is especially important right now
-Security begins with the person; you need to understand personal security practices
-15-20 million homes are going to be burglarized in the next decade
-Most people don’t have a home security system because they believe they live in a “safe neighborhood.” Safe is an absolute; there is no such thing as a 100% safe neighborhood
-Crime may be less frequent in certain locations, but it still occurs
-People often perceive those that engage in extra security practices as paranoid
-Most people are in denial about the level of risk they expose themselves to
-It’s crucial to understand your risk and put various levels of security in place. When you do this, you are a much more difficult target
-We know that the “it can’t happen to me” mentality is unrealistic, and this is why we take precautions in everyday life (i.e. putting on a seatbelt in a motor vehicle)
-The people that are preoccupied with information security are the same individuals that don’t have home security systems
-If you could cut your odds of being burglarized, why wouldn’t you?
-Security is ongoing, and it is a process you need to be engaged in
-As humans, we trust by default, and this trust is necessary for our society to function. But it is important to recognize risk
Useful Links:
Financial Survival Network
Protect Now
Summary:
The inflationary genie is out of the bottle…will we ever be able to get it back in? Here to weigh in on this is Mark Skousen, infamous economist and producer of FreedomFest. In regard to inflation, we are seeing some of the expected effects based on past inflationary periods, but some unexpected conditions for the dollar and gold. It is becoming more clear that, while our current circumstances resemble the 1970s, things are different this time around. We also discuss the global implications of the dollar, and look to the future of digital currency as our other currencies become increasingly unstable. Tune in for more insight from Mark.
Highlights:
-Inflation and interest rates are never neutral; they affect certain sectors more than others
-The Fed’s hands are full, and we are in a time of instability
-A recession in the stock market was inevitable
-Inflation is not going away any time soon, but it will go down as the Fed tightens. Money supply growth is also down to 5-6% a year
-The Fed is serious about fighting inflation
-In the 70s, the dollar was weak and gold was going through the roof. We are currently seeing the opposite of this situation
-This is having global effects; everything is priced in dollars
-With high inflation, you would think that gold would be higher
-Supply chains have been disrupted
-There has been a slowdown in China, and real estate has been in turmoil as well. People are refusing to pay mortgages
-They are also experiencing a population growth collapse
-It’s easier to call a top in Bitcoin because they are obvious. The bottoms, on the other hand, are more sublime
-It still doesn’t fall into the definition of a currency
-They need to eliminate the tax disadvantages tied to digital currency transactions
Useful Links:
Financial Survival Network
Mark Skousen
FreedomFest Memphis 2023
Summary:
Alejandro Szita comes on the show to give us the latest insight on what’s happening with real estate. He touches on the confusion in the real estate market right now, and stresses that it is better to not focus so much on rates; rather, it’s important to get your mortgage to a point where you can live with the monthly payment. Listen in for more useful insight from Alejandro.
Highlights:
-There is a lot of confusion in the real estate market right now; many people still need a place to live, and lots of people are still trying to sell
-There is a lot of pressure on the housing market—especially sellers
-People are focusing on rates rather than their goals
-You need to bid aggressively and take advantage of the market
-Since rates will probably go higher, now is the time to negotiate
-It’s not about what the Fed can or cannot do; the inflation in place is for the scarcity of goods
-Holding a physical asset can get you through a situation like this
-Get your mortgage to a point where you can live with the monthly payment, and stop worrying so much about the rate
Useful Links:
Financial Survival Network
Prosperity Lending
Summary:
Property values are going down, interest rates are increasing, and it looks as if a recession is around the corner. What does this mean for your credit? I sit down and chat with Paul Oster about strategies for managing your credit during times like this; he emphasizes that it’s crucial now to budget and lower your expenses. He recommends a few online tools that you can utilize to pay your bills on time and manage everything in one place, and you’ll find that keeping your credit under control may be easier than you imagined. Tune in for more information.
Highlights:
-Hopefully this doesn’t last long, but there’s no doubt we’re headed down a rabbit hole—if not a recession, a slow-down
-In this environment, it is that much more important for people to pay attention to their credit score
-Banks and creditors can use whatever score model they want to use
-Focus on paying high interest credit cards off now
-The only solution is to budget and lower your expenses; you need to run your household like a small business
-Now is the time to change your behavior—you can’t keep doing the same thing and expect different results
-Put your bills on autopay
-He recommends mint.com which puts all of your bills in one place and gives you alerts/spending analysis
-nerdwallet.com is also a good resource
Useful Links:
Financial Survival Network
Better Qualified
Summary:
It’s a new era for crypto, and I sit down and chat with Collin O’Brien to get the latest insight on digital asset prices, regulation, and long term feasibility when competing with other sovereign currencies. The company Collin works for, Rubic, is assisting with cryptocurrency transactions and making digital trading more fit for everyday use. He is helping to build the future of cryptocurrency, so be sure to tune in and hear some of his expert knowledge.
Highlights:
-What can you say about cryptos that you can’t say about other investment bubbles? Cryptos always go up, but it’s a new era
-At the end of the day, it’s just a market
-Collin looked at Bitcoin when it was priced around a dollar
-He wanted to buy a thousand at $1.79, and everyone told him it was a waste of money
-Six years later, the industry peaked his interest again
-Bitcoin is a bit of a libertarian construct paradise
-In terms of regulation, the authorities are behind the curve
-We need the people in charge of writing crypto legislation to be very involved and tech savvy
-Can independent cryptos compete with sovereign currencies? We don’t know if this will be the case in the long term
-If you have credits for an application on one network, it is extremely complicated to use them on another network
-Collin’s business is removing the middle men from the process of moving credits over
-Rubic makes the process of moving values amongst blockchains easier
Useful Links:
Financial Survival Network
Rubic
Summary:
Inflation numbers are coming out at 30 year highs, and CPI isn’t going down any time soon. What indicators should we analyze in order to explain the current economic circumstances? I sit down and chat with Eddie Yoon, who attributes some of the trends in labor force participation and unemployment to an unusual number of baby boomers working for decades and now retiring. We are trying to solve for something systemic by implementing short term solutions, and businesses ultimately have to shift gears to cater to one two two person households rather than the nuclear family. Tune in for more insightful remarks from Eddie.
Highlights:
-Inflation numbers are coming out at 30 year record highs
-Unemployment numbers look good, but these are lagging indicators
-CPI is not going down; is this good or bad? This is also a lagging indicator
-We are causing inflation in order to fight inflation with interest rates
-Consumer sentiment is trending up, which is a good sign
-The number of travelers is still trending upwards
-Labor force participation is low in comparison to the last 40 years
-If unemployment was higher, the Fed may back off
-There may be something simpler going on that explains what is going on
-Baby boomers retiring may play into labor participation
-It’s not that things are problematic in the near term, it’s that we had an unusually large work force for about three decades, and these people are now retiring and leaving
-We’re solving for something systemic with short term solutions, which is going to cause more damage
-The businesses that are going to do better will be less volume dependent and more premium oriented
-Companies designed around the nuclear family will struggle, while businesses designed for one to two person households will be more successful
Useful Links:
Financial Survival Network
Eddie Would Grow
Summary:
When is the capitulation going to come by the central banks? Gordon T. Long comes on this episode to talk about our current economic problems—including energy, central bank issues, and the progression of inflation. There’s no easy way out of the current inflationary environment, and it looks as if the Fed is going to have to hold rates up longer than we want in order to reach capitulation. Tune in for Gordon’s analytic perspective and more information on what’s to come.
Highlights:
-We’re nowhere close to solving the energy problem, and now it has become a geopolitical issue
-The implementation plan for green energy in the US makes no sense
-Energy in Europe is a massive issue, and we are in a cycle
-Pushing green energy without the market being ready/able would push us back to brown energy at this rate
-Force feeding creates bad policies
-We’re seeing central banks with serious problems that spring out of gyration that accompanies inflation
-Too many people have their eyes on the Fed
-The only way to get inflation under control is to hold up rates longer than people want and to get the capitulation to happen
-The current situation is unique because, as things are breaking, the treasury is taking actions
-If inflation pivots too quickly, people will turn against the Federal Reserve in a massive way
-How do you make money in these circumstances? Sometimes it just takes patience; you have to establish the trends
Useful Links:
Financial Survival Network
MATASII
Dan Ariely is a Founding Partner of Irrational Capital and a leading behavioural economist, author, entrepreneur, and a James B. Duke Professor of Psychology and Behavioral Economics at Duke University. He is also a founding member of the Center for Advanced Hindsight.
Dan’s groundbreaking work in behavioural economics has led to the publication of several New York Times bestselling publications including Predictably Irrational: The Hidden Forces that Shape Our Decisions. Irrational Capital is an investment research and development firm that applies workplace behavioural science, financial acumen and data science to capture the powerful connection between human capital and financial outcomes.
Kristof Gleich is the president and CIO of Harbor Capital Advisors, Inc. Kristof oversees all Investment, Distribution & Marketing and Executive Office functions at Harbor. He provides insight while helping lead Harbor’s strategic growth plan. Outside of work, Kristof is kept busy chasing around after his three sons. Prior to joining Harbor, Kristof was a managing director and global head of manager selection at JP Morgan Chase & Co. He received a B.S. in Physics from the University of Bristol. Kristof is a CFA® charter holder and is FINRA Series 7 and 63 licensed.
Summary:
Where are the precious metals markets going? Furthermore, why are they going down, and how is the dollar going up? Andy Schectman comes on the show to break down what has been happening in the metals markets, which are defying logic in many respects. We’re seeing more silver being drained at the top, and massive withdrawals of gold from the exchange—with deliveries to China. Tune in to hear about what to expect from the precious metals as we continue to struggle with supply, increasing rates, and uncertain conditions.
Highlights:
-Precious metals are defying logic in many respects. Andy says he’s never seen a market quite like this in his career
-Over the last five months, almost 550 tons of gold have been removed from the metals exchange and have seen four year high in exports to China. Essentially, we’re seeing massive withdrawals and deliveries
-Silver is trading at triple the premium it normally does in India, and India is importing large amounts of silver
-At the very top, we see more silver being drained
-Supply is as stressed and as strained as 2008
-It is getting increasingly hard to maintain a flow of product
-It’s better right now to be early than late
-Even with high rates, it is extremely difficult to get inflation back under control
-The cost in rolling bonds over has become exponentially more expensive
Useful Links:
Financial Survival Network
info@milesfranklin.com
Summary:
The CPI is raging at over 8%; experts are suprised, but Matthew Johnson is not. In this episode, Matthew covers some of the conditions that have led up to this point—noting that when we shut down the economy, we severely disrupt the economic conditions and supply chain. We cannot reverse inflation quickly; however, we can take advantage of some of the investing opportunities that are available at the present moment. Tune in for more insight.
Highlights:
-Why should anyone be surprised by these numbers? They shouldn’t. We are an optimistic bunch, and we don’t like to acknowledge the thrashing of the economy
-When we shut down the economy, we severely disrupt the economy and supply chain. You can no longer conduct normal business
-our expectations are misplaced if we think we can slow down the economy/reverse inflation quickly
-Raising inflation exacerbates inflation
-When you have a supply problem, you need capacity
-The Fed is focusing more on the symptoms than the ailment
-You can take advantage of prices when they’re down, and then when things come back, you’ll have exponential growth
-We discuss the benefits of fixed income—which refer to real individual contracts (i.e. bonds, preferreds)
-Use this as an opportunity to add to your portfolio of good quality companies
Useful Links:
Financial Survival Network
Johnson Wealth Income Management
Summary:
We’re in a post bubble contraction, and Bob Hoye comes on the show to break this down for us. Bob specifically studies financial bubbles, and notes a few features that are indicative of these bubbles—such as the decline of real long interest rates. Furthermore, we talk about gold stocks in relation to the bubble, and Bob shares some information about what to expect in the near future.
Useful Links:
Financial Survival Network
Charts and Markets
Summary:
Can a career in production yield a successful real estate investing career? In Matt Picheny’s case, it absolutely can. Matt moved to NYC years ago to pursue acting, and then found himself in a digital marketing career that eventually transitioned to real estate. He has discovered the importance of persistence in each of his career paths—especially real estate investing—and emphasizes the significance of fostering good relationships. Tune in to hear Matt Picheny’s unique perspective about investing in real estate, and to hear tips on how anyone can get involved.
Highlights:
-How did this skill set Matt up for being a real estate investor? A number of events/skills let to Matt becoming a real estate investor
-He moved to NYC and was a professional actor for 5 years. For 18 years, he had a digital marketing career and then transitioned to real estate
-Persistence has allowed him to succeed, and this skill always prevails in the long run
-Success is a rollercoaster
-Everything is life and business is about relationships, so it is important to develop these
-As things become more digital, how do you bridge this divide? How do you allow technology to help you rather than block you from creating new relationships?
-Use technology to foster relationships
-You can facilitate deals without putting down money
-One suggestion for someone wanting to get in the business is education: get in a classroom, read books, or listen to podcasts
-It’s also important to take action. Don’t fall into paralysis analysis
-Fear of the future is often worse than the future itself
Useful Links
Financial Survival Network
Picheny
Summary:
Global turmoil is deepening, and the Russia/Ukraine war is escalating. How are these problems going to affect commodities/markets? John Rubino comes on the show to unpack this. Energy and food are going up while housing and used cars continue to go down. Additionally, we have a crucial election coming up that could yield a very divided government. There is a lot to discuss, so be sure to tune in to this episode!
Highlights:
-Global turmoil is deepening; the Russia/Ukraine war is escalating
-The best time to be a defense contractor is during war
-PayPal is penalizing subscribers $2500 if they say something that contradicts the official line of the government
-We are seeing energy and food going up, while housing and used cars go down
-In the short run, food and energy will give us inflation above the 2% target
-Midterm elections are going to possibly be very serious—especially in consideration of crime and inflation
-We will potentially have a divided government for the next couple years; both sides will have different opinions about how to fix things
-Keynesianism doesn’t recognize debt as part of its model, which has implications for government thinking
-Gold and silver protect you in the long run with a crazy world
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
Job numbers appear to be strong; are they a lagging indicator or a leading indicator? Edward Siddell, CEO of EGSI Financial, comes on the show to warn us of the recession we are in. Rather than moving towards recovery, we are approaching a tough year; we will probably see one more rate raise in March of 2023, and other subsequent shifts. Tune in for more information on what’s to come.
Highlights:
-Edward’s firm is at the forefront of retirement planning
-Rather than approaching recovery, Edward says we are in a recession
-2023 is going to be a tough year—we’ll probably see one more raise in March
-No one wants to take the risk calling Powell’s bluff
-The worse the economy gets, the faster the pivot downward is going to go
-We’re not going to see changes until the dollar weakens
-Is this recession going to be similar to or different from all the others? Time will tell
-Be cautiously optimistic
-We’re seeing a raise to liquidity
- The Fed doesn’t have much other choice than to print money
Useful Links:
Financial Survival Network
EGSI Financial
Summary:
These are dangerous times in global markets, stock markets, and commodities. Can you make money in a market like this? Chance Finucane comes on the show to discuss this topic; based on past long term bear markets, there’s still a way to go before you should consider hopping back in. Inflation has already peaked, but it is not going to decelerate in the way that the Fed hopes. There are many factors at play in regard to the current market, so tun in for the latest insights.
Highlights:
-What sort of strategy do you implement in this market? The focus is much more on preservation of capital; Chance doesn’t mind increasing liquidity
-Chance might not hop back into the market until sometime next year. Based on analyses of past long term bear markets, there is still a bit of a way to go
-Chance’s company typically invests on behalf of former business owners, and they try to manage the downside so that bonds/portfolios don’t go down too much
-Inflation peaked in June when it got to around 9%
-Inflation is going to decelerate, and will probably stay in the mid-single digit area for longer than you would expect
-There are lots of external factors, especially with oil
-Chance’s company likes the pipeline businesses
-Usually this recessionary environment isn’t good for commodity prices
-We’ve started to see some home price decreases
-People aren’t willing to leave their current home if they own one
Useful Links
Financial Survival Network
Oxbow Advisors
Summary:
You may have escaped the recent hurricane on the East coast of the US, but everyone is going to get hit by the economic storm taking place. Here to talk about this is Michael Pento, who predicted the record high inflation that has been rampant throughout 2022. He explains some of the culprits of the most pressing economic problems today—to which demand destruction and rising nominal interest rates have affected various markets. Tune in to hear more about what’s in store and to get Michael’s firsthand perspective.
Highlights:
-The economic storm taking place is a category 5 and no one seems to be aware of it
-Back in 2021, Michael predicted record high inflation for 2022 and the Fed slamming on the brakes in an extremely weak economy
-The Federal reserve has only raised interest rates by 400-500 points a year twice
-Something in the credit markets is going to have to break for the Fed to come to the rescue
-We have added $3 trillion to household debt to GDP; it is significantly higher than it was in the past
-We’re already above the rate Powell was threatening to take us to
-It’s not just the dollar that’s hurting us; it’s demand destruction
-All bank loans have gone up exponentially, and all debt is hurting the consumer
-With deflation, the real price of gold could go up while the nominal price goes down
-Rising nominal interest rates lead to rising real interest rates
-When real interest rates are rising, you don’t want to go near gold
-Michael doesn’t think energy prices will go down in the short term, but that demand destruction will become so acute in 2023 that prices could go down
-2023 has a huge recession in store
-You stay in power by giving people things for free, but this creates problems
Useful Links:
Financial Survival Network
Pento Portfolio Strategies
Summary:
Real estate is the big question on everyone’s mind: can you stay in real estate or should you sell? I have real estate expert Naresh Vissa on this episode to talk about this, and we are facing precarious market conditions. However, this doesn’t mean you shouldn’t keep your eye on real estate over the next few months. Naresh advises investors to wait until interest rates peak, and look into possibly getting in the market around December/January. Tune in for more advice on navigating the current real estate market.
Highlights:
-How do you make money with 7% 30 year fixed rate mortgages?
-Unless you’re working in the space, you probably don’t fully understand the real estate market
-Home values are going down
-We’re seeing a 1% decrease per month on home values
-The Federal Reserve is raising interest rates; it looks as if they’re trying to change course and do a soft landing
-It’s not a bad idea to wait another 2-3 months as interest rates peak and then get in around December/January
-Look at where declines have been, which places are offering discounts, etc.
-As you have fewer buyers, rent prices are continuing to climb
Useful Links:
Financial Survival Network
naresh@nareshvissa.com
Summary:
Looking to rid yourself of your debt? If so, you don’t want to miss this episode. Adam Carroll’s business implements what he calls “The Shred Method” in order to get people out of debt in 3-5 years. This is done through home equity lines of credit that move in tandem with where rates are going. Using a special software, the algorithm adapts to someone’s specific income, equity, and debt, and allocates money accordingly. Tune in for more information on The Shred Method and tips on how to re-think your debt.
Highlights:
-Adam uses what he called “The Shred Method,” or home equity lines of credit
-The line of credit moves in tandem with where rates are going
-By next summer, we could see 8% mortgage rates
-Income begins to cycle through the HELOC
-Interest is charged on the ending daily balance
-The Shred Method involves working with a coach because everyone has a certain risk profile
-Adam’s team likes to analyze income, equity, and the consistency/predictability of these things
-You can save a large amount of money in interest, and earn back more of your income
-Local banks/credit union are still open to doing lines of credit
-There’s little risk involved if you follow the model closely
-We’re finding the normalization point in the curve
-Shred is a behavior modification tool—constant reminders of what to do and when
Useful Links:
Financial Survival Network
The Shred Method
Summary:
What’s going on in the markets? Stockton University Professor of Finance, Michael Busler, comes on the show to talk about why markets are behaving in the way that they are. The stock market and investors are ultimately telling us that the recession we’ve been talking about is real, and and it is going to continue to get worse over the next year. Additionally, multiple sectors such as energy and agriculture (i.e. grain) have been greatly impacted by the war on Ukraine, and have caused further geopolitical conflict. Tune in for more insight on what’s to come.
Highlights:
-Professor at Stockton University
-The total wealth of the stock market has declined by almost $9 trillion
-The price you’re willing to pay for a stock depends on your expectation of future earnings
-If you believe a recession is coming and corporate profit is going to go down, then the price of your stock is going to go down
-The stock market/investors are telling us that this recession is real and is going to get worse over the next year
-The war on fossil fuels is driving prices up and supplies down
-The war has resulted in the shutoff of Russia’s natural gas
-The Biden administration has wanted us to leave fossil fuels since day 1, but not every American is convinced of the validity of this idea
-Reducing the supply of fossil fuels has driven up the prices of energy, which have also been affected by inflation
-The entire energy policy has caused much of the inflation we have today as well as geopolitical problems
-10% of the world’s grains come from Russia and Ukraine, which have been shut off. Food prices are going to go up even more. This will have a significant impact less developed countries
Useful Links:
Financial Survival Network
Michael Busler Twitter
Funding Democracy Facebook
Summary:
We love having guests on Financial Survival Network that can help you bring your entrepreneur game to the next level. Ken Burke comes on this episode to tell you about how you can combine your idea for a business with action to supercharge your entrepreneurial career. Ken discusses multiple strategies for getting your business out there; it’s important to not only manifest your goals, but to take action and put in the time/work to grow your business. Rather than imagining failure and looking for obstacles, start learning and get feedback from other entrepreneurs to make the necessary improvements.
Highlights:
-Ken is all about teaching people to embed growth in their businesses
-Entrepreneurship is a learned skill; it is a passion to create something out of nothing
-How do you know when your passion/business idea is legitimate? If you have an idea, remember that action creates momentum
-Google competitors and other products/services to take steps towards your idea
-A great entrepreneurial skill is patience and perseverance; you have to be in the game to win the game
-Remember that things don’t necessarily work on YOUR timeline
-Make sure your idea is financially feasible. If you can’t make money with your idea, you can’t grow it or create meaningful impact
-The law of attraction is helpful for clarity and directing your energy towards something that can manifest/produce itself. On the flip side, it doesn’t provide the action that is needed to create something; you have to do this!
-Fear of failure stops entrepreneurs from actually pursuing their idea because they fall into analysis paralysis
-We are ultimately all hear to learn, grow, and develop; failure is impossible because these feats always teach us something and allow us to get better
-The stronger the problem an entrepreneur is solving, the bigger the opportunity
-Get feedback from other entrepreneurs and your target market. Your idea may need refinement so that people can understand it
-People want to know that they can get out of your product; focus on the emotional output of your product
Useful Links:
Financial Survival Network
Prosper: Five Steps to Thriving in Business and in Life
EntrepreneurNOW
Summary:
Chris Markowski—AKA Wall Street’s Watchdog—has some criticism for the Fed, and comes on the show to talk about what they’re doing wrong at the moment. A lot of the conventional wisdom that is being taught about the Fed needs to be re-evaluated; there are a myriad of solutions for the current economic problems that go beyond our conventional perception of the Fed’s role/power. Nonetheless, there is a lot to be taken advantage of right now from an investing standpoint, and Chris names some assets and ventures to keep your eye on.
Highlights:
-Inflation is not transitory. Additionally, the Fed had raised rates slightly last year or cut back on bond buying, the situation could be different
-Markets got crunched this year
-The concept that the Fed is going to be able to solve this is just one part of the solution—things can be fixed in a myriad of ways
-We don’t have enough resources for things like alternative energy
-A lot of this inflation is self inflicted
-Many recessions in the past haven’t been named recessions until later, but we’re currently seeing slowed economic activity on numerous fronts
-As an investor, there’s a lot you can take advantage of
-Chris gets nervous when markets are rapidly going up
-It’s all about quality and companies that pay you to own them
-Uranium and lithium need to be part of your portfolio
-Many commodities across the board are starting to come down
Useful Links:
Financial Survival Network
Watchdog on Wall Street
Summary:
Looking to raise capital as a real estate investor? Dave Dubeau has some useful strategies to share. Even with interest rates going up and rampant inflation, Dave says that this can actually work to your advantage with raising capital for real estate investing. Comparatively, these ventures look more promising than other investments. Tune in for more information.
Highlights:
-Even with interest rates going up, we’re big on real estate because of the housing shortages
-We’re bullish on real estate, but the biggest obstacle you’re going to encounter in real estate is raising capital
-Dave discusses strategies for getting the money for the initial costs/down payment
-If possible, use your own cash/credit for your first deal
-Get in the game and learn what’s going on with the deal
-Be actively involved in the after-purchase part of the process
-Focus on a type of real estate investment that makes sense long term
-With interest rates going up, it can actually help to raise capital and bring investors on board because your can compare/contrast what they’ll be getting with your real estate deal vs. other investments
-Focus on where your strengths are; it depends on what you’re doing and what deals you’re looking for
Useful Links:
Financial Survival Network
Raise Capital 101 Show
Summary:
There’s so much happening in crypto with the bear market, so Gregory Johnson comes on the show to tell us how cryptocurrencies are going to behave in light of the financial world. As the CEO/Founder of Rubicon Crypto, Gregory’s mission is to provide investment solutions and understanding within the crypto space. He explains that regulation is actually going to drive the next bull run, and stresses the importance of having the longest term view when investing in crypto. Tune in for more expert insight.
Highlights:
-There’s a lot going on in crypto; bear market and Bitcoin is with us
-We have been trading mildly under the resistance point in the last few days
-A lot of the crypto behavior is going to depend on what’s happening in the financial world. We’ve seen interest rates going up, but this shouldn’t deter the optimism and excitement for the timeline investors should be thinking about in terms of digital assets
-Ethereum is the largest cryptocurrency in terms of network usage and integration
-The dollar is hitting record levels on the DXY index
-With cryptos, there’s all sorts of ETFs and futures contracts
-We need to be mindful of celebrity investing culture
-Regulation is going to drive the next bull run
-Early adopters will benefit from increased structure, from a regulatory perspective
-If you are involved in digital assets, you have to have the longest term view.
Useful Links:
Financial Survival Network
Rubicon Crypto
Summary: An election took place in Italy that could change things, and the Euro has been sinking like a stone…What’s in store for Europe? I sit down and chat with John Rubino to discuss the European economy. Their energy system has taken a turn for the worse, and their currency problems cannot be fixed with with monetary policy. They will inevitably have to tighten, as inflation and broken supply chains cannot be fixed with easy money. Tune in for more insight on what’s to come for Europe. Highlights: -The dollar is strong—which is the flip-side of this situation -Europe has screwed up their energy system and is trying to run a modern economy on ancient energy resources -There was a major drop in Pound Sterling -There’s not obvious end to this. They have to borrow money to cut taxes, as well—which means creating more currency -The Euro is below the dollar now -Europe’s mistakes cannot be fixed with monetary policy, but they’re going to have to tighten -Inflation and broken supply chains cannot be fixed with easy money, so the central banks are stuck -With alternative energy (especially electric cars) there are many considerations that come with transitioning to these sources -Houses were very inexpensive 2 years ago, and now they’re unaffordable. If nobody can afford houses, nobody can buy houses. We will probably see a big crash in home sales -Tightening is going to have to go on longer, but most places you look, inflation has dissolved -Many effects of inflation are going to be with us for years -Tens of trillions of dollars are evaporating from the portfolios of the billionaire class -In the end, the system works for the people with the money -The federal reserve wasn’t just set up by the banks; it is owned by the banks Useful Links: Financial Survival Network Dollar Collapse
Summary:
An election took place in Italy that could change things, and the Euro has been sinking like a stone…What’s in store for Europe? I sit down and chat with John Rubino to discuss the European economy. Their energy system has taken a turn for the worse, and their currency problems cannot be fixed with with monetary policy. They will inevitably have to tighten, as inflation and broken supply chains cannot be fixed with easy money. Tune in for more insight on what’s to come for Europe.
Highlights:
-The dollar is strong—which is the flip-side of this situation
-Europe has screwed up their energy system and is trying to run a modern economy on ancient energy resources
-There was a major drop in Pound Sterling
-There’s not obvious end to this. They have to borrow money to cut taxes, as well—which means creating more currency
-The Euro is below the dollar now
-Europe’s mistakes cannot be fixed with monetary policy, but they’re going to have to tighten
-Inflation and broken supply chains cannot be fixed with easy money, so the central banks are stuck
-With alternative energy (especially electric cars) there are many considerations that come with transitioning to these sources
-Houses were very inexpensive 2 years ago, and now they’re unaffordable. If nobody can afford houses, nobody can buy houses. We will probably see a big crash in home sales
-Tightening is going to have to go on longer, but most places you look, inflation has dissolved
-Many effects of inflation are going to be with us for years
-Tens of trillions of dollars are evaporating from the portfolios of the billionaire class
-In the end, the system works for the people with the money
-The federal reserve wasn’t just set up by the banks; it is owned by the banks
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
Gold and silver prices have gotten beaten up in the last few days/months. What is the reason for this? Todd “Bubba” Horwitz comes on the show to bring us up to speed with the precious metals, and emphasizes that we are not in the idea situation for gold at the moment. He advises buying it—but not with leveraged money. Moreover, it’s most crucial to focus on your own portfolio right now rather than getting lost in what’s happening with the rest of the markets. Tune in for more insight.
Highlights:
-Most investors try to make a winner out of a loser
-We have dramatic inflation and the dollar is exploding, but this isn’t the idea situation for gold
-It’s important, however, to focus on your own portfolio/finances. Not being a loser makes you a winner
-We’re coming into a major food shortage in the U.S. There are already food riots in the Middle East
-Food shortage has been underplayed/underreported in China. They now can’t buy enough food
-Todd believes in buying physical gold—as long as you’re not buying it with leveraged money
-Everyone should own a portion of precious metals—but not paper ones
-You lose your freedom if you become a victim of market volatility
Useful Links:
Financial Survival Network
Bubba Trading
Summary: Gold and silver prices have gotten beaten up in the last few days/months. What is the reason for this? Todd “Bubba” Horwitz comes on the show to bring us up to speed with the precious metals, and emphasizes that we are not in the idea situation for gold at the moment. He advises buying it—but not with leveraged money. Moreover, it’s most crucial to focus on your own portfolio right now rather than getting lost in what’s happening with the rest of the markets. Tune in for more insight. Highlights: -Most investors try to make a winner out of a loser -We have dramatic inflation and the dollar is exploding, but this isn’t the idea situation for gold -It’s important, however, to focus on your own portfolio/finances. Not being a loser makes you a winner -We’re coming into a major food shortage in the U.S. There are already food riots in the Middle East -Food shortage has been underplayed/underreported in China. They now can’t buy enough food -Todd believes in buying physical gold—as long as you’re not buying it with leveraged money -Everyone should own a portion of precious metals—but not paper ones -You lose your freedom if you become a victim of market volatility Useful Links: Financial Survival Network Bubba Trading
Summary: he euro is going higher than ever…How does this affect Europe? Octavio Marenzi comes on the show to talk about the circumstances in Europe with regard to currency, the energy crisis, and the prospect of shifting politics. There is change on the horizon—some of it being negative—and Octavio gives his firsthand perspective on what’s to come. Highlights: -Things look normal so far, but change is lurking on the horizon -Europe is going through a major energy crisis, however -Octavio’s gas bill just doubled -A group of politicians may come forward that is not as likely to put sanctions on Russia; they may also rethink some of the environmental policies -The woman who running for Prime Minister in Italy looks a bit like a right-wing populist -There is a flawed system within the politics that no one has gotten around to fixing. People who have gotten to the top within these systems are reluctant to change them -Russian gas flow has been mostly cut off to Europe -The Russians perhaps feel more attacked than the Germans, and may be willing to hold out for a longer period of time Summary: he euro is going higher than ever…How does this affect Europe? Octavio Marenzi comes on the show to talk about the circumstances in Europe with regard to currency, the energy crisis, and the prospect of shifting politics. There is change on the horizon—some of it being negative—and Octavio gives his firsthand perspective on what’s to come. Highlights: -Things look normal so far, but change is lurking on the horizon -Europe is going through a major energy crisis, however -Octavio’s gas bill just doubled -A group of politicians may come forward that is not as likely to put sanctions on Russia; they may also rethink some of the environmental policies -The woman who running for Prime Minister in Italy looks a bit like a right-wing populist -There is a flawed system within the politics that no one has gotten around to fixing. People who have gotten to the top within these systems are reluctant to change them -Russian gas flow has been mostly cut off to Europe -The Russians perhaps feel more attacked than the Germans, and may be willing to hold out for a longer period of time Useful Links: Financial Survival Network Opimas
Summary:
he euro is going higher than ever…How does this affect Europe? Octavio Marenzi comes on the show to talk about the circumstances in Europe with regard to currency, the energy crisis, and the prospect of shifting politics. There is change on the horizon—some of it being negative—and Octavio gives his firsthand perspective on what’s to come.
Highlights:
-Things look normal so far, but change is lurking on the horizon
-Europe is going through a major energy crisis, however
-Octavio’s gas bill just doubled
-A group of politicians may come forward that is not as likely to put sanctions on Russia; they may also rethink some of the environmental policies
-The woman who running for Prime Minister in Italy looks a bit like a right-wing populist
-There is a flawed system within the politics that no one has gotten around to fixing. People who have gotten to the top within these systems are reluctant to change them
-Russian gas flow has been mostly cut off to Europe
-The Russians perhaps feel more attacked than the Germans, and may be willing to hold out for a longer period of time
Summary:
he euro is going higher than ever…How does this affect Europe? Octavio Marenzi comes on the show to talk about the circumstances in Europe with regard to currency, the energy crisis, and the prospect of shifting politics. There is change on the horizon—some of it being negative—and Octavio gives his firsthand perspective on what’s to come.
Highlights:
-Things look normal so far, but change is lurking on the horizon
-Europe is going through a major energy crisis, however
-Octavio’s gas bill just doubled
-A group of politicians may come forward that is not as likely to put sanctions on Russia; they may also rethink some of the environmental policies
-The woman who running for Prime Minister in Italy looks a bit like a right-wing populist
-There is a flawed system within the politics that no one has gotten around to fixing. People who have gotten to the top within these systems are reluctant to change them
-Russian gas flow has been mostly cut off to Europe
-The Russians perhaps feel more attacked than the Germans, and may be willing to hold out for a longer period of time
Useful Links:
Financial Survival Network
Opimas
Summary:
Where are the markets heading? Chris Vermeulen comes on the show to talk stock markets, precious metals, oil, and the other industries we’ve kept our eye on. The predominant theme right now is panic selling; people are eager to get out of the stock market, but with this selling comes strong rallies. Gold is hanging on by a thread, and needs to show more consistency in order for it to look promising. We are also seeing the energy sector struggle; Chris points out that all assets follow the broad market, and advises not to get overly confident in this circumstance. Ultimately, capital preservation is the most important thing right now—with an emphasis on low risk investments.
Highlights:
-We’ve were seeing a rally over the last few weeks, but now we’re experiencing panic selling; people want to just get out of the markets
-We’re in a strong down-trend. Bonds and equities are selling out; however, this could give us a bottom for a tradable bounce
-With panic selling comes strong rallies
-Downward price action will bring the stock market down into a major support zone. From here we could see a 5-10% bounce in the market
-Gold is hanging onto a thread; if it breaks, it could go back to 1300
-There’s going to be a lot of volatility/pain for those who don’t have a plan to get out of the precious metals
-The market is trying to suck people in to get traders excited
-It needs to hold 21 for more than a day to actually be interesting
-The energy sector is struggling
Useful Links:
Financial Survival Network
The Technical Traders
Summary: Where are the markets heading? Chris Vermeulen comes on the show to talk stock markets, precious metals, oil, and the other industries we’ve kept our eye on. The predominant theme right now is panic selling; people are eager to get out of the stock market, but with this selling comes strong rallies. Gold is hanging on by a thread, and needs to show more consistency in order for it to look promising. We are also seeing the energy sector struggle; Chris points out that all assets follow the broad market, and advises not to get overly confident in this circumstance. Ultimately, capital preservation is the most important thing right now—with an emphasis on low risk investments. Highlights: -We’ve were seeing a rally over the last few weeks, but now we’re experiencing panic selling; people want to just get out of the markets -We’re in a strong down-trend. Bonds and equities are selling out; however, this could give us a bottom for a tradable bounce -With panic selling comes strong rallies -Downward price action will bring the stock market down into a major support zone. From here we could see a 5-10% bounce in the market -Gold is hanging onto a thread; if it breaks, it could go back to 1300 -There’s going to be a lot of volatility/pain for those who don’t have a plan to get out of the precious metals -The market is trying to suck people in to get traders excited -It needs to hold 21 for more than a day to actually be interesting -The energy sector is struggling Useful Links: Financial Survival Network The Technical Traders
The world is a mess and things aren't getting better. There's no end in site to the Ukraine war and the situation in Europe keeps getting worse and worse. We sit down with Martin Armstrong to get the latest update. He sees gold going much higher in Q1 2023. The loss of faith in all governments keeps increasing. China is a lost cause as well. But the US is a beneficiary of everyone else's misery. That's just the way the world works.
Martin sees a major backlash coming in the aftermath of the 2022 mid-term elections. His model is questioning whether or not the 2024 presidential election will even take place. What could possibly happen to stop it and does it matter anyway?
This is a must listen to interview.
Summary:
Commodity prices have gone down and interest rates have gone up, but what else is going on? Is inflation peaking? Erik Hadik comes on the show to talk about this, and reports that multiple gauges for inflation indicate that it is most likely at its peak. Erik urges us, however, to not read too far into these cycles—pointing out that cycle highs don’t necessitate an immediate down trend to follow. Tune in for more expert insight.
Highlights:
-Erik Hadik said inflation was going to peak in Q3; is this true? Commodity prices have gone down and interest rates have gone up, but what else is going on?
-There are many gauges for inflation
-Each indicator/cycle gives you a certain amount of information or data, but don’t read into it too much. When you’re in an up trend, it could top at ten in one month and then pull back to eight—trading between these
-A cycle high doesn’t tell you that there is a down trend to immediately follow
-The dollar is making highs and was trading above par with the dollar; it looks like things are coming up
-This could be the terminal rally in the dollar leading to a multi-year rally starting next year
-We still have a few months left and a few rate hikes
-The trajectory of rate hikes isn’t going to stay the same, or even remain as intense
-Oil has remained below the significant cycle high
-There’s a good chance for cryptocurrency to see a run=up in the coming months
Useful Links:
Financial Survival Network
INSIIDE Track Trading
Summary: Commodity prices have gone down and interest rates have gone up, but what else is going on? Is inflation peaking? Erik Hadik comes on the show to talk about this, and reports that multiple gauges for inflation indicate that it is most likely at its peak. Erik urges us, however, to not read too far into these cycles—pointing out that cycle highs don’t necessitate an immediate down trend to follow. Tune in for more expert insight. Highlights: -Erik Hadik said inflation was going to peak in Q3; is this true? Commodity prices have gone down and interest rates have gone up, but what else is going on? -There are many gauges for inflation -Each indicator/cycle gives you a certain amount of information or data, but don’t read into it too much. When you’re in an up trend, it could top at ten in one month and then pull back to eight—trading between these -A cycle high doesn’t tell you that there is a down trend to immediately follow -The dollar is making highs and was trading above par with the dollar; it looks like things are coming up -This could be the terminal rally in the dollar leading to a multi-year rally starting next year -We still have a few months left and a few rate hikes -The trajectory of rate hikes isn’t going to stay the same, or even remain as intense -Oil has remained below the significant cycle high -There’s a good chance for cryptocurrency to see a run=up in the coming months Useful Links: Financial Survival Network INSIIDE Track Trading
Summary:
What do you do when markets get volatile? Dutch Masters, the CEO of Carnivore Traders, sits down and chats with me about some of the trading strategies they use within his group to combat the effects of this volatility. Tune in to learn about what types of stocks to watch in this market, and to get knowledgable expertise from Dutch.
Highlights:
-We’ve been long, short, long/short at the same time…when the markets get volatile like this, it’s difficult to find a trend either way
-To combat this, they shorten their trading time frame
-In a bull market, they go after SAS companies—stocks that are very volatile and move many points a day
-Many people don’t understand the dynamics of the stock market, which is crucial in comprehending how individual stock prices move
Useful Links:
Financial Survival Network
Carnivore Trading
Summary: What do you do when markets get volatile? Dutch Masters, the CEO of Carnivore Traders, sits down and chats with me about some of the trading strategies they use within his group to combat the effects of this volatility. Tune in to learn about what types of stocks to watch in this market, and to get knowledgable expertise from Dutch. Highlights: -We’ve been long, short, long/short at the same time…when the markets get volatile like this, it’s difficult to find a trend either way -To combat this, they shorten their trading time frame -In a bull market, they go after SAS companies—stocks that are very volatile and move many points a day -Many people don’t understand the dynamics of the stock market, which is crucial in comprehending how individual stock prices move Useful Links: Financial Survival Network Carnivore Trading
Summary:
Craig Hemke comes on the show to give a comprehensive update on precious metals—which have been sinking. Craig says that it’s remarkable that they’re not even more down based on interest rates, the stock market, and the Fed’s recent decisions. There seems to be a sense of complacency with the Fed, but it’s time to acknowledge that they can’t fix everything, and many of their recent moves have worsened the problems we’re currently facing. Listen in for more insight from myself and Craig.
Highlights:
-Precious metals have been sinking
-Gold and silver are down, but it’s remarkable that they’re not down more in consideration of interest rates, the stock market, and the Fed’s moves
-Silver is closer to/has already seen its lows
-Craig is more worried about gold, running its stops
-The Fed needs to make a choice between letting the dollar go to nothing, or killing the economy/stock market
-People are viewing the Fed as an omnipotent force with full control over currency
-There is complacency across the markets, but this is not a sustainable way of thinking
Useful Links:
Financial Survival Network
TF Metals Report
Summary: Craig Hemke comes on the show to give a comprehensive update on precious metals—which have been sinking. Craig says that it’s remarkable that they’re not even more down based on interest rates, the stock market, and the Fed’s recent decisions. There seems to be a sense of complacency with the Fed, but it’s time to acknowledge that they can’t fix everything, and many of their recent moves have worsened the problems we’re currently facing. Listen in for more insight from myself and Craig. Highlights: -Precious metals have been sinking -Gold and silver are down, but it’s remarkable that they’re not down more in consideration of interest rates, the stock market, and the Fed’s moves -Silver is closer to/has already seen its lows -Craig is more worried about gold, running its stops -The Fed needs to make a choice between letting the dollar go to nothing, or killing the economy/stock market -People are viewing the Fed as an omnipotent force with full control over currency -There is complacency across the markets, but this is not a sustainable way of thinking Useful Links: Financial Survival Network TF Metals Report
Summary: Adam Curran comes on the show to share his investment philosophy—influenced by his upbringing and exposure to middle class life. Adam’s view of the economy is largely shaped by the people he advises; in his career he quickly learned that much of his Wall Street knowledge was useless. Rather, kitchen table financial planning taught him a lot about how everyday finances work, and what’s really important within the markets. Tune in for more information. Highlights: -Adam grew up helping him answer his Mom’s business calls. His Dad was an engineer so he also became skilled with numbers/math -Certain communities have lost touch with the challenges and concerns that people have on main street kitchen tables -Adam started his company after having conversations with these people and learning about their struggles -Kitchen table financial planning taught him that what he learned on Wall Street was meaningless—especially for families trying to calculate their expenses -How low can the current markets go? There is a lot of capital on the sidelines that Wall Street analysts are hiding—with the perception that it’s going to go away soon -Adam could see the market dropping another 20% - Adam’s advice: Take a chunk of your portfolio and put it in something predictable/dependable, have a heavy emphasis on stocks that pay dividends, and don’t turn your back on the market. -There’s no asset class quite as good as income producing real estate; it’s best to sit on the sidelines and catch certain deals. It’s not about the home’s value, it’s about having a tenant in that home Useful Links: Financial Survival Network
Summary: Adam Curran comes on the show to share his investment philosophy—influenced by his upbringing and exposure to middle class life. Adam’s view of the economy is largely shaped by the people he advises; in his career he quickly learned that much of his Wall Street knowledge was useless. Rather, kitchen table financial planning taught him a lot about how everyday finances work, and what’s really important within the markets. Tune in for more information.
Highlights: -Adam grew up helping him answer his Mom’s business calls. His Dad was an engineer so he also became skilled with numbers/math -Certain communities have lost touch with the challenges and concerns that people have on main street kitchen tables -Adam started his company after having conversations with these people and learning about their struggles -Kitchen table financial planning taught him that what he learned on Wall Street was meaningless—especially for families trying to calculate their expenses -How low can the current markets go? There is a lot of capital on the sidelines that Wall Street analysts are hiding—with the perception that it’s going to go away soon -Adam could see the market dropping another 20% -
Adam’s advice: Take a chunk of your portfolio and put it in something predictable/dependable, have a heavy emphasis on stocks that pay dividends, and don’t turn your back on the market. -There’s no asset class quite as good as income producing real estate; it’s best to sit on the sidelines and catch certain deals. It’s not about the home’s value, it’s about having a tenant in that home
Useful Links: Financial Survival Network
Summary: Adam Curran comes on the show to share his investment philosophy—influenced by his upbringing and exposure to middle class life. Adam’s view of the economy is largely shaped by the people he advises; in his career he quickly learned that much of his Wall Street knowledge was useless. Rather, kitchen table financial planning taught him a lot about how everyday finances work, and what’s really important within the markets. Tune in for more information. Highlights: -Adam grew up helping him answer his Mom’s business calls. His Dad was an engineer so he also became skilled with numbers/math -Certain communities have lost touch with the challenges and concerns that people have on main street kitchen tables -Adam started his company after having conversations with these people and learning about their struggles -Kitchen table financial planning taught him that what he learned on Wall Street was meaningless—especially for families trying to calculate their expenses -How low can the current markets go? There is a lot of capital on the sidelines that Wall Street analysts are hiding—with the perception that it’s going to go away soon -Adam could see the market dropping another 20% -Adam’s advice: Take a chunk of your portfolio and put it in something predictable/dependable, have a heavy emphasis on stocks that pay dividends, and don’t turn your back on the market. -There’s no asset class quite as good as income producing real estate; it’s best to sit on the sidelines and catch certain deals. It’s not about the home’s value, it’s about having a tenant in that home Useful Links: Financial Survival Network
Summary:
John D. Kuhns sits down and chats with me about Chinese infrastructure—which is lacking in strength and often misrepresented by the media. John provides an insider perspective; as someone who is working to save Bougainville, he notices a lot of the corrupt methodologies of the Chinese when it comes to building and infrastructure. He also predicts that China is at its peak as a commercial enterprise. Tune in for more insight.
Highlights:
-In addition to being a novelist, John D. Kuhns has extensive experience working overseas and in various fields
-He’s handled various hydro-projects and electric projects in China
-John thinks China is probably right at its peak as a commercial enterprise due to a few reasons, one being demographic trends
-Additionally, the no-COVID policy has slowed the country down
-Lastly, most economists estimate that the pervasive fraud takes about 20% of the cash out of the system manually, which isn’t sustainable
-There are quality issues with the Three Gorges Dam
-They have no interest in doing rudimentary, basic maintenance. They simply want to get it built rather than focusing on its infrastructure
-The dam is built on two earthquake faults; we’re seeing cracking and draughts
-John D. Kuhns has also been making efforts to save Bougainville
-If the mine there was rejuvenated today, it would be one of the top ten silver/copper suppliers in the world
-His latest book They Call Me Ishmael, is about the current president of Bougainville; there hasn’t been much literature on Bougainville due to the crisis
Useful Links:
Financial Survival Network
John D. Kuhns
Summary: John D. Kuhns sits down and chats with me about Chinese infrastructure—which is lacking in strength and often misrepresented by the media. John provides an insider perspective; as someone who is working to save Bougainville, he notices a lot of the corrupt methodologies of the Chinese when it comes to building and infrastructure. He also predicts that China is at its peak as a commercial enterprise. Tune in for more insight. Highlights: -In addition to being a novelist, John D. Kuhns has extensive experience working overseas and in various fields -He’s handled various hydro-projects and electric projects in China -John thinks China is probably right at its peak as a commercial enterprise due to a few reasons, one being demographic trends -Additionally, the no-COVID policy has slowed the country down -Lastly, most economists estimate that the pervasive fraud takes about 20% of the cash out of the system manually, which isn’t sustainable -There are quality issues with the Three Gorges Dam -They have no interest in doing rudimentary, basic maintenance. They simply want to get it built rather than focusing on its infrastructure -The dam is built on two earthquake faults; we’re seeing cracking and draughts -John D. Kuhns has also been making efforts to save Bougainville -If the mine there was rejuvenated today, it would be one of the top ten silver/copper suppliers in the world -His latest book They Call Me Ishmael, is about the current president of Bougainville; there hasn’t been much literature on Bougainville due to the crisis Useful Links: Financial Survival Network John D. Kuhns
Summary: Are we going to face perpetual shortages? Daniel T. Matalon comes on the show to assure us that the shortage of resources is not our fate. Daniel points out that there has never been a point in human history that we didn’t replace a resource that ran out with a better one. Furthermore, Daniel discusses how we measure wealth, and the way that communication and agreement allows us to produce more access to wealth. Tune in for more insight. Highlights: -Are we going to face perpetual shortages? It comes down to survival economics -When discussing human impact investors, Daniel looks to the question of how we can raise $3.5T in what we need for human infrastructure spending -Is there enough energy in California? If you’re in Europe, the answer is also know. Energy prices in Europe are 17x higher than they are in the United States -We are proponents of the world game -Have we ever run out of a resource in human history that we didn’t replace with a better one? Up until now, we haven’t -Human beings are more providers than they are consumers -Our ledger of wealth is survival over time -Wealth is produced by agreement; if we could become more capable of agreement, we would create more access to wealth -Daniel is about making the world work for 100% of humanity -At the end of the day, regardless of our partisan positions, we have to figure out what we’re going to do about it regarding if there are enough resources -Liberals and conservatives both value fairness, but their partisan backgrounds influence their interpretation of fairness Useful Links: Financial Survival Network #IsThereEnough
Summary:
Are we going to face perpetual shortages? Daniel T. Matalon comes on the show to assure us that the shortage of resources is not our fate. Daniel points out that there has never been a point in human history that we didn’t replace a resource that ran out with a better one. Furthermore, Daniel discusses how we measure wealth, and the way that communication and agreement allows us to produce more access to wealth. Tune in for more insight.
Highlights:
-Are we going to face perpetual shortages? It comes down to survival economics
-When discussing human impact investors, Daniel looks to the question of how we can raise $3.5T in what we need for human infrastructure spending
-Is there enough energy in California? If you’re in Europe, the answer is also know. Energy prices in Europe are 17x higher than they are in the United States
-We are proponents of the world game
-Have we ever run out of a resource in human history that we didn’t replace with a better one? Up until now, we haven’t
-Human beings are more providers than they are consumers
-Our ledger of wealth is survival over time
-Wealth is produced by agreement; if we could become more capable of agreement, we would create more access to wealth
-Daniel is about making the world work for 100% of humanity
-At the end of the day, regardless of our partisan positions, we have to figure out what we’re going to do about it regarding if there are enough resources
-Liberals and conservatives both value fairness, but their partisan backgrounds influence their interpretation of fairness
Useful Links:
Financial Survival Network
#IsThereEnough
We met up with Tier One Silver’s CEO Peter Dembicki for a sponsor update. We were attending the Precious Metals Summit in Beaver Creek, CO, as you can see the mountains in the background. Peter is very pleased with the company's direction.
Their silver targets for the next drill program are lined up. They have a pretty good fix on where they need to be. But Peter is really focused on pursuing the copper porphyry deposit that has every sign of being present.
He related, “The CSAMT geophysical survey is a key component to learning more about potential copper porphyry mineralization, which we saw indications for in our first phase of exploration at Curibaya. This is an exciting development for the Company toward unlocking the large opportunity of a potential copper porphyry deposit alongside the epithermal silver system that we’ve already identified, and we look forward to defining these targets for our next drill program.”
Once the survey is completed and final targeting is locked in, the company plans to begin drilling to uncover the potential porphyry system. A channel sampling program has been conducted to further refine targets within the newly permitted Cambaya target area. Things are looking up for Tier One. We hold shares.
www.TierOneSilver.com
Ticker Symbols OTCQB: TSLVF – TSX-V: TSLV
We met up with Tier One Silver’s CEO Peter Dembicki for a sponsor update. We were attending the Precious Metals Summit in Beaver Creek, CO, as you can see the mountains in the background. Peter is very pleased with the company's direction. Their silver targets for the next drill program are lined up. They have a pretty good fix on where they need to be. But Peter is really focused on pursuing the copper porphyry deposit that has every sign of being present. He related, “The CSAMT geophysical survey is a key component to learning more about potential copper porphyry mineralization, which we saw indications for in our first phase of exploration at Curibaya. This is an exciting development for the Company toward unlocking the large opportunity of a potential copper porphyry deposit alongside the epithermal silver system that we’ve already identified, and we look forward to defining these targets for our next drill program.” Once the survey is completed and final targeting is locked in, the company plans to begin drilling to uncover the potential porphyry system. A channel sampling program has been conducted to further refine targets within the newly permitted Cambaya target area. Things are looking up for Tier One. We hold shares. www.TierOneSilver.com Ticker Symbols OTCQB: TSLVF – TSX-V: TSLV
Europe is falling into an "inflationary depression". Trillion-dollar bailouts of European energy and manufacturing companies are in the works. How will that affect the euro? How much longer can the Fed tighten into all this chaos? Everyone is restarting or building nuclear plants. Does that make uranium the best commodity play? Gold and silver are still weak in USD terms but are moving into positive technical and seasonal territory. Will the next six months be better than the last six? Some are predicting a silver short squeeze. Is this possible? Zero Hedge has an article about how the fiat currency countries need to engineer a commodities crash to prevent the emergence of commodity currencies like what Putin is talking about. Does this mean higher interest rates for longer? Russian retreat underway in Ukraine, fallout?
Europe is falling into an "inflationary depression".
Trillion-dollar bailouts of European energy and manufacturing companies are in the works.
How will that affect the euro?
How much longer can the Fed tighten into all this chaos?
Everyone is restarting or building nuclear plants. Does that make uranium the best commodity play?
Gold and silver are still weak in USD terms but are moving into positive technical and seasonal territory. Will the next six months be better than the last six?
Some are predicting a silver short squeeze. Is this possible?
Zero Hedge has an article about how the fiat currency countries need to engineer a commodities crash to prevent the emergence of commodity currencies like what Putin is talking about. Does this mean higher interest rates for longer?
Russian retreat underway in Ukraine, fallout?
Anish thrives on empowering jobseekers to take ownership now and live up to their potential. As an expert in the Hidden Job Market, he shares the 5-Step System to successfully land dream roles 75-85% faster than average, and negotiate career-best offers and outcomes.
Anish thrives on empowering jobseekers to take ownership now and live up to their potential. As an expert in the Hidden Job Market, he shares the 5-Step System to successfully land dream roles 75-85% faster than average, and negotiate career-best offers and outcomes.
Summary: The market has been up and down but it’s far below its peak. Is it going lower? Dee Carter comes on the show to talk about this, and he hones in on the energy sector. He explains that the fourth quarter won’t be quite as high as previously thought, and Natgas is particularly high right now. Tune in for more insight. Highlights: -The energy sector presents much value to Dee’s clientele -Look for things that pay high dividends, and the assets you can invest in comfortably -Devon industry has done well in the last few months -The fourth quarter won’t be as high as we anticipated -High dividend stocks are good under the assumption that companies are going to keep paying high dividends -Natgas is so high in the US because of exporting -Other sectors are in trouble, but energy looks positive Useful Links: Financial Survival Network Carter Financial Group
Summary:
The market has been up and down but it’s far below its peak. Is it going lower? Dee Carter comes on the show to talk about this, and he hones in on the energy sector. He explains that the fourth quarter won’t be quite as high as previously thought, and Natgas is particularly high right now. Tune in for more insight.
Highlights:
-The energy sector presents much value to Dee’s clientele
-Look for things that pay high dividends, and the assets you can invest in comfortably
-Devon industry has done well in the last few months
-The fourth quarter won’t be as high as we anticipated
-High dividend stocks are good under the assumption that companies are going to keep paying high dividends
-Natgas is so high in the US because of exporting
-Other sectors are in trouble, but energy looks positive
Useful Links:
Financial Survival Network
Carter Financial Group
Summary:
Volatility is up and energy prices are going crazy—especially in Europe. Are precious metals poised for major advance? Technical analyst Jordan Roy-Byrne comes on the show to discuss what’s happening with precious metals, and points out the cyclical similarities between precious metals today and their behavior back in the early 70s. It seems that peaks in precious metals are followed by recessionary conditions a couple years later, and their behavior is directly linked to the Fed hiking rates. Tune in for more interesting insight.
Highlights:
-Volatility is up and energy prices are going crazy. European energy prices are at crisis level
-Are precious metals poised for a major advance?
-There are a lot of cyclical similarities between what’s going on today and what happened between 1969 and 1971 with the recession and metals prices
-This was when inflation first became a problem and the Fed had to tighten
-Everything in precious metals peaked two years ago, and now we are seeing a recessionary environment and extreme inflation
-The best moves in the precious metals were in the 70s and 2000s
-We had a technical recession in the first half of this year and we will probably see growth in this quarter
-It’s just a matter of time before the stock market moves lower, and the Fed will be done hiking rates
-A new precious metals bull market will most likely begin
-You’re not in a real bull market when the stock market is still going higher
-On a near-term basis, there is a concern that gold could come down a fair bit
-The market is going to trend higher over the next 15 years
-In the bigger picture, Jordan is not concerned
-Sentiment is really negative at the moment
-We’re in good shape because we’re nearing the point where the Fed is going to have to stop hiking
-Fundamentally, for precious metals, it comes down to when they’re going to stop hiking. This is going to launch [recious metals through a really good rebound
-The dollar is impacting what’s going on in the bond market
-Foreign central banks/governments are selling their treasury bonds to get dollars (they have dollar dominated debts)
-The Fed follows the market; ignore all this talk, and pay attention to what’s happening in the market
Useful Links:
Financial Survival Network
The Daily Gold
Summary: Volatility is up and energy prices are going crazy—especially in Europe. Are precious metals poised for major advance? Technical analyst Jordan Roy-Byrne comes on the show to discuss what’s happening with precious metals, and points out the cyclical similarities between precious metals today and their behavior back in the early 70s. It seems that peaks in precious metals are followed by recessionary conditions a couple years later, and their behavior is directly linked to the Fed hiking rates. Tune in for more interesting insight. Highlights: -Volatility is up and energy prices are going crazy. European energy prices are at crisis level -Are precious metals poised for a major advance? -There are a lot of cyclical similarities between what’s going on today and what happened between 1969 and 1971 with the recession and metals prices -This was when inflation first became a problem and the Fed had to tighten -Everything in precious metals peaked two years ago, and now we are seeing a recessionary environment and extreme inflation -The best moves in the precious metals were in the 70s and 2000s -We had a technical recession in the first half of this year and we will probably see growth in this quarter -It’s just a matter of time before the stock market moves lower, and the Fed will be done hiking rates -A new precious metals bull market will most likely begin -You’re not in a real bull market when the stock market is still going higher -On a near-term basis, there is a concern that gold could come down a fair bit -The market is going to trend higher over the next 15 years -In the bigger picture, Jordan is not concerned -Sentiment is really negative at the moment -We’re in good shape because we’re nearing the point where the Fed is going to have to stop hiking -Fundamentally, for precious metals, it comes down to when they’re going to stop hiking. This is going to launch [recious metals through a really good rebound -The dollar is impacting what’s going on in the bond market -Foreign central banks/governments are selling their treasury bonds to get dollars (they have dollar dominated debts) -The Fed follows the market; ignore all this talk, and pay attention to what’s happening in the market Useful Links: Financial Survival Network The Daily Gold
We were very pleased to get a sponsor update from Torq Resources' CEO/Chair Shawn Wallace and Chief Geologist Michael Henrichsen. A lot of news has been coming out of Chile and Torq.
First we covered the recent Chilean constitutional referendum, which was defeated by a large voter margin. CEO Wallace was never too concerned as the media’s perception didn’t reflect Torq’s experience there on the ground.
Next we discussed Gold Fields’ (NYSE: GFI) recent C$15 million dollar investment in Torq (at a 23% premium to market) which marks a major milestone. Gold Fields is a major 1+ million ounce annual producer and has been conducting a very aggressive investment and acquisition strategy to keep its reserves stable. As a result, Torq is now better funded than many of its peers; its projects are progressing very quickly.
Chief Geologist Hernichsen gave us an overview of the recent the Margarita project discovery. As a veteran of numerous discoveries, he still loves the thrill of a new major discovery. The grades were extremely high with 90 meters of .94% copper and .84 g/t gold. Henrichsen was quite surprised by the gold component, as it was completely unexpected. And it could be just the tip of the iceberg, as more drilling may reveal even better results.
Flush with cash, drilling is continuing at a break-neck pace. Like everywhere in the world, assay lab results are trickling in. Both Wallace and Henrichsen acknowledged the contribution of their world-class Chilean team; it was instrumental in the find and the team is really hitting its stride.
Wallace mentioned that Torq is blessed with an “abundance of riches.” Most companies would be content with just one of these potential “company-maker”world-class projects, but Torq has two! Despite the negative macro economic outlook and geopolitical ills, things have never looked better. The copper supply situation is rapidly tightening and there’s a race to find new supplies. Torq’s unique and improved position means that its projects are expected to lead to large future shareholder gains.
Company Website: www.torqresources.com
Ticker symbols OTCQX: TRBMF — TSX.V : TORQ
We were very pleased to get a sponsor update from Torq Resources' CEO/Chair Shawn Wallace and Chief Geologist Michael Henrichsen. A lot of news has been coming out of Chile and Torq. First we covered the recent Chilean constitutional referendum, which was defeated by a large voter margin. CEO Wallace was never too concerned as the media’s perception didn’t reflect Torq’s experience there on the ground. Next we discussed Gold Fields’ (NYSE: GFI) recent C$15 million dollar investment in Torq (at a 23% premium to market) which marks a major milestone. Gold Fields is a major 1+ million ounce annual producer and has been conducting a very aggressive investment and acquisition strategy to keep its reserves stable. As a result, Torq is now better funded than many of its peers; its projects are progressing very quickly. Chief Geologist Hernichsen gave us an overview of the recent the Margarita project discovery. As a veteran of numerous discoveries, he still loves the thrill of a new major discovery. The grades were extremely high with 90 meters of .94% copper and .84 g/t gold. Henrichsen was quite surprised by the gold component, as it was completely unexpected. And it could be just the tip of the iceberg, as more drilling may reveal even better results. Flush with cash, drilling is continuing at a break-neck pace. Like everywhere in the world, assay lab results are trickling in. Both Wallace and Henrichsen acknowledged the contribution of their world-class Chilean team; it was instrumental in the find and the team is really hitting its stride. Wallace mentioned that Torq is blessed with an “abundance of riches.” Most companies would be content with just one of these potential “company-maker”world-class projects, but Torq has two! Despite the negative macro economic outlook and geopolitical ills, things have never looked better. The copper supply situation is rapidly tightening and there’s a race to find new supplies. Torq’s unique and improved position means that its projects are expected to lead to large future shareholder gains. Company Website: www.torqresources.com Ticker symbols OTCQX: TRBMF — TSX.V : TORQ
Summary: What can you do in this environment to protect your wealth? David Stryzewski comes on the show to talk about this. For the last 50 years, things have been stable, but now it looks as if we’re headed into a hurricane while flying autopilot. This is because we’re not fully internalizing what is taking place, and all of the information we get from the Federal Reserve is in hindsight. In order to make real, valuable, change, we need to look to the future. Tune in to find out how you can do so. Highlights: -The market is really iffy right now; if it breaks through here, we could see a major decline -The dollar is at record highs -We’ve seen major turmoil and disruptions throughout history, but for the last 50 years, things have been stable -When something like a hurricane comes, we have time to anticipate it and prepare -Right now, we’re seeing the convergence of many cross winds—things coming together at a unique time in history -We need to analyze and internalize what’s actually taking place if we want to do something that will make a difference for our circumstances -Inflation is a real thing that is affecting everyone—it’s supposedly going down, but food and energy have been fueling this and have been tapering back -Interest rates are the other part of this equation, and they’re changing. This is a problem for people buying a home and businesses trying to metabolize -The Federal Reserve can focus on the demand portion, but they can’t affect the supply side -It’s important right now to pay attention to corporate earnings; they’re going to have to come down -All of the information (i.e. CPI) is in hindsight -Geopolitical components are significant, and are changing rapidly -We’re seeing a time frame where everything is changing; there is a hurricane in the distance, and we’re flying into it on autopilot. We need a ‘pilot’ that understands what’s happening, and can help us navigate through this situation -David is not excited about corporate bonds, and doesn’t want to own a big mutual fund that has a little bit of everything - this means it has the good and the bad -There has never been a better time to own a fixed index annuity -Silver actually gets used more -Miners have an opportunity to do some wonderful things Useful Links: Financial Survival Network Sound Planning Group
Summary:
What can you do in this environment to protect your wealth? David Stryzewski comes on the show to talk about this. For the last 50 years, things have been stable, but now it looks as if we’re headed into a hurricane while flying autopilot. This is because we’re not fully internalizing what is taking place, and all of the information we get from the Federal Reserve is in hindsight. In order to make real, valuable, change, we need to look to the future. Tune in to find out how you can do so.
Highlights:
-The market is really iffy right now; if it breaks through here, we could see a major decline
-The dollar is at record highs
-We’ve seen major turmoil and disruptions throughout history, but for the last 50 years, things have been stable
-When something like a hurricane comes, we have time to anticipate it and prepare
-Right now, we’re seeing the convergence of many cross winds—things coming together at a unique time in history
-We need to analyze and internalize what’s actually taking place if we want to do something that will make a difference for our circumstances
-Inflation is a real thing that is affecting everyone—it’s supposedly going down, but food and energy have been fueling this and have been tapering back
-Interest rates are the other part of this equation, and they’re changing. This is a problem for people buying a home and businesses trying to metabolize
-The Federal Reserve can focus on the demand portion, but they can’t affect the supply side
-It’s important right now to pay attention to corporate earnings; they’re going to have to come down
-All of the information (i.e. CPI) is in hindsight
-Geopolitical components are significant, and are changing rapidly
-We’re seeing a time frame where everything is changing; there is a hurricane in the distance, and we’re flying into it on autopilot. We need a ‘pilot’ that understands what’s happening, and can help us navigate through this situation
-David is not excited about corporate bonds, and doesn’t want to own a big mutual fund that has a little bit of everything - this means it has the good and the bad
-There has never been a better time to own a fixed index annuity
-Silver actually gets used more
-Miners have an opportunity to do some wonderful things
Useful Links:
Financial Survival Network
Sound Planning Group
Summary:
There was a big pullback in the markets right before the holiday, and it seems as if the best move right now is to try and protects ourselves. Angela Sloan, Founder/CEO of Sloan Financial, comes on the show to explain the Fed’s next moves. Rates keep rising by more points than ideal, and inflation continues to affect everyone involved. Tune in for more insight on what’s to come.
Highlights:
-We saw a big pullback in the markets right before the holiday
-All we can do right now is try to protect ourselves
-The Fed is probably going to raise rates another three quarters of a point—which is their only defense against inflation. It is a domino effect, however.
-Energy prices have gone down, but not enough. What happens when the reserves run out?
-Inflation affects everyone, and especially those on the lower end of the financial spectrum
-Look at your big company value stocks, and if it’s at a good value, it may be the time to buy in
-The market is over 400 points today, so there are people buying right now
Useful Links:
Finanaical Survival Network
Sloan FInancial
Summary: There was a big pullback in the markets right before the holiday, and it seems as if the best move right now is to try and protects ourselves. Angela Sloan, Founder/CEO of Sloan Financial, comes on the show to explain the Fed’s next moves. Rates keep rising by more points than ideal, and inflation continues to affect everyone involved. Tune in for more insight on what’s to come. Highlights: -We saw a big pullback in the markets right before the holiday -All we can do right now is try to protect ourselves -The Fed is probably going to raise rates another three quarters of a point—which is their only defense against inflation. It is a domino effect, however. -Energy prices have gone down, but not enough. What happens when the reserves run out? -Inflation affects everyone, and especially those on the lower end of the financial spectrum -Look at your big company value stocks, and if it’s at a good value, it may be the time to buy in -The market is over 400 points today, so there are people buying right now Useful Links: Finanaical Survival Network Sloan FInancial
Summary: Wondering how to deal with volatility and protect your gains defensively? David Jaffee comes on the show to discuss some strategies for trading based on how the market is progressing. He suggests that people hedge and take the opposite side, and also recommends buying elongated put options. This, in addition to taking the contrarian standpoint when investing, can help to reduce your portfolio volatility. Tune in for more insight. Highlights: -How do you deal with volatility? Should you put everything into cash or look for alternative strategies? -What is a poor investor to do, and how do you protect your gains from the last few decades defensively? -People need to make sure that they hedge and take the opposite side -It’s wise to end up buying puts -You can buy elongated put options that are two years in duration, which will reduce your portfolio volatility -It’s good to be a contrarian. When everyone is scared, it could be a good time to buy shares -Similarly, when the stock market goes up and people are euphoric, disciplined investors are buying protection because the market goes down a lot faster than it goes up -As long as you don’t trade too big, you’re safe -When the market is oversold, it’s better to buy elongated call options -In this moment, the risk-reward is favorable for buying elongated call options Useful Links: Financial Survival Network Best Stock Strategy
Summary:
Wondering how to deal with volatility and protect your gains defensively? David Jaffee comes on the show to discuss some strategies for trading based on how the market is progressing. He suggests that people hedge and take the opposite side, and also recommends buying elongated put options. This, in addition to taking the contrarian standpoint when investing, can help to reduce your portfolio volatility. Tune in for more insight.
Highlights:
-How do you deal with volatility? Should you put everything into cash or look for alternative strategies?
-What is a poor investor to do, and how do you protect your gains from the last few decades defensively?
-People need to make sure that they hedge and take the opposite side
-It’s wise to end up buying puts
-You can buy elongated put options that are two years in duration, which will reduce your portfolio volatility
-It’s good to be a contrarian. When everyone is scared, it could be a good time to buy shares
-Similarly, when the stock market goes up and people are euphoric, disciplined investors are buying protection because the market goes down a lot faster than it goes up
-As long as you don’t trade too big, you’re safe
-When the market is oversold, it’s better to buy elongated call options
-In this moment, the risk-reward is favorable for buying elongated call options
Useful Links:
Financial Survival Network
Best Stock Strategy
Summary:
Elliot Fixler comes on the show to share his story and discuss his book, Full Circle, where he talks through the journey of finding his identity. Oftentimes we don’t ask questions about history—specifically our own pasts—and this can be very hindering. Elliot explains his grapple with this emerging from a family that lived during the holocaust, and his story is incredibly moving. Tune in for more information.
Highlights:
-People try to erase, cancel, and ignore history
-When you understand history, you can learn something from it
-Elliottis a recovering attorney from New York, and comes from a fascinating background. Born in 1944, World War II was winding down as Elliott came into the world
-Elliot and his Mother eventually got out of Budapest and relocated to Buffalo, New York
-One of his motivations for writing the book was that he didn’t ask a lot of questions about his origins/his mothers origins, and he wishes that he would have
-Elliot grew up thinking that his step-father was his biological father, but this was not true
-His real Father died in the holocaust, or at least this is the account he was told, but he never asked any questions
-Attorneys learn to analyze everything, which needs to be taught more in this day in age
Useful Links:
Financial Survival Network
Full Circle
Summary: Elliot Fixler comes on the show to share his story and discuss his book, Full Circle, where he talks through the journey of finding his identity. Oftentimes we don’t ask questions about history—specifically our own pasts—and this can be very hindering. Elliot explains his grapple with this emerging from a family that lived during the holocaust, and his story is incredibly moving. Tune in for more information. Highlights: -People try to erase, cancel, and ignore history -When you understand history, you can learn something from it -Elliottis a recovering attorney from New York, and comes from a fascinating background. Born in 1944, World War II was winding down as Elliott came into the world -Elliot and his Mother eventually got out of Budapest and relocated to Buffalo, New York -One of his motivations for writing the book was that he didn’t ask a lot of questions about his origins/his mothers origins, and he wishes that he would have -Elliot grew up thinking that his step-father was his biological father, but this was not true -His real Father died in the holocaust, or at least this is the account he was told, but he never asked any questions -Attorneys learn to analyze everything, which needs to be taught more in this day in age Useful Links: Financial Survival Network Full Circle
Summary:
If you’re looking to close the holes in your financial bucket, you’ve come to the right place. Douglas Eze comes on the show to talk about some of the ways he helps business owners acquire the guidance/education to achieve financial success. Although our concept of “financial success” has changed over time, people want to collectively protect their income and keep more of their money whenever possible. Tune in for great advice from Douglas.
Highlights:
-Douglas’ goal is to provide business owners the guidance/education to achieve financial freedom
-Our working definition of financial freedom has changed
-Douglas aims to help people close the holes in their financial bucket—analyzing each area of their finances and determining what people are doing wrong
-He frequently sees issues arise with paying mortgage
-Taxes are generally your biggest expense. If you can find a way to spend less of your earned money on taxes, then you can improve your finances
-Postponing taxes doesn’t help either
-You have to adopt a different mindset of viewing your income/finances
-You have to think outside the box; what used to work doesn’t work anymore. People have lost lots of money in their 401k. The key is being able to protect your money
Useful Links:
Financial Survival Network
Largo Financial Services
Have Money Forever
Summary: If you’re looking to close the holes in your financial bucket, you’ve come to the right place. Douglas Eze comes on the show to talk about some of the ways he helps business owners acquire the guidance/education to achieve financial success. Although our concept of “financial success” has changed over time, people want to collectively protect their income and keep more of their money whenever possible. Tune in for great advice from Douglas. Highlights: -Douglas’ goal is to provide business owners the guidance/education to achieve financial freedom -Our working definition of financial freedom has changed -Douglas aims to help people close the holes in their financial bucket—analyzing each area of their finances and determining what people are doing wrong -He frequently sees issues arise with paying mortgage -Taxes are generally your biggest expense. If you can find a way to spend less of your earned money on taxes, then you can improve your finances -Postponing taxes doesn’t help either -You have to adopt a different mindset of viewing your income/finances -You have to think outside the box; what used to work doesn’t work anymore. People have lost lots of money in their 401k. The key is being able to protect your money Useful Links: Financial Survival Network Largo Financial Services Have Money Forever
Summary:
High natgas prices are directly related to what’s happening in Europe. With $10 natgas and the potential for even more surges in price, it’s helpful to get an insider perspective on what’s happening. Grant Norwood, Founder of Norwood Energy, is at the forefront of these energy problems and explains some of the variables that make this energy market different from anything we’ve ever seen before. Tune in for expert insight.
Highlights:
-The high price of natgas right now is directly related to what’s happening in Europe
-We’re seeingt $10 natgas and could potentially go a lot higher than that
-Grant’s company, Norwood Energy, is at the forefront of all of this
-Why is this different than any other energy market we’ve seen in this country before?
-There are many shortages in other countries, and we’re exporting a lot of natural gas. We had a warm summer with 2 devastating winters, and a lack of investment in drilling and exploration over the last couple of years
-The labor shortage for drilling oil and inflated cost to drill a well are also contributing to this problem
-We’re probably headed back to where we were in the middle of the second quarter
-Oil is a boom and bust business
Useful Links:
Financial Survival Network
Norwood Energy
Summary: High natgas prices are directly related to what’s happening in Europe. With $10 natgas and the potential for even more surges in price, it’s helpful to get an insider perspective on what’s happening. Grant Norwood, Founder of Norwood Energy, is at the forefront of these energy problems and explains some of the variables that make this energy market different from anything we’ve ever seen before. Tune in for expert insight. Highlights: -The high price of natgas right now is directly related to what’s happening in Europe -We’re seeingt $10 natgas and could potentially go a lot higher than that -Grant’s company, Norwood Energy, is at the forefront of all of this -Why is this different than any other energy market we’ve seen in this country before? -There are many shortages in other countries, and we’re exporting a lot of natural gas. We had a warm summer with 2 devastating winters, and a lack of investment in drilling and exploration over the last couple of years -The labor shortage for drilling oil and inflated cost to drill a well are also contributing to this problem -We’re probably headed back to where we were in the middle of the second quarter -Oil is a boom and bust business Useful Links: Financial Survival Network Norwood Energy
Powell's Friday speech: Tightening will continue longer than the markets expected. Stocks tank. Housing is rolling over big time. Europe's energy crisis is shutting down big parts of its economy. Austria's largest energy supplier, is insolvent — requires 1.7 billion euros to remain liquid, according to local media. The raid on Trump's house was either brilliant or stupid, depending on the objective. Gold and silver are languishing while all of the above gets sorted out. Lots of bargains in the mining space. Meanwhile, tons of bullion is being taken off the market by central banks and investors. Uranium is taking off as everyone restarts their mothballed plants.
Powell's Friday speech: Tightening will continue longer than the markets expected. Stocks tank. Housing is rolling over big time. Europe's energy crisis is shutting down big parts of its economy. Austria's largest energy supplier, is insolvent — requires 1.7 billion euros to remain liquid, according to local media. The raid on Trump's house was either brilliant or stupid, depending on the objective. Gold and silver are languishing while all of the above gets sorted out. Lots of bargains in the mining space. Meanwhile, tons of bullion is being taken off the market by central banks and investors. Uranium is taking off as everyone restarts their mothballed plants.
Summary:
As the stock market has corrected, we’ve found that crypto is not the safe haven that many investors assumed it to be. Here to talk about this is Eddie Yoon, specializing in business growth strategy, and he explains the relationship between cryptocurrency and the rest of the market. While gold and real estate may not move in sync with the stock market, Bitcoin is a different story. Tune in for more insight.
Highlights:
-Inflation numbers are a little less devastating than they were last month, but they’re still going up while consumer sentiment goes down
-Cryptos and Bitcoin are at a high, but overall, the charts look negative
-The job market still appears to be holding fast and strong; is the consumer sentiment wrong? Or is there more going on beneath the surface
-Eddie says that more than one thing can be true at the same time
-Things like travel have helped keep the economy going
-Inflation should be coming down towards the end of the year
-A lot of this is the Fed over-responding (i.e. temporary supply chain shocks)
-The consumer has figured out that trusting large institutions is a risk
-We’re going to see a dramatic shift away from classical employment
-With cryptocurrency, the major consideration is whether you want to put your trust in the US government or not
-The native digital lifestyle has become extremely prevalent, and we’re likely to trends that reflect in where people choose to live
-People have recently discovered that cryptocurrencies aren’t necessarily a non-correlated asset
-When the stock market goes down, things like gold or real estate might not go down with it
-As the stock market has corrected, crypto has as well. It is not the safe haven that people thought it was
-Those who had invested in crypto from a diversification theory had a rude awakening
-Cryptocurrency has not proved to be functionally useful yet because of its volatility, but we’re still in early innings
Useful Links:
Financial Survival Network
Eddie Would Grow
Summary:
Inflation continues unabated in the US and abroad with no signs of it coming under control, and this is very prominent in the gold market. The owner/President of Miles Franklin Precious Metals, Andy Schectman, comes on the show to give his perspective regarding what is next for gold in light of increasing rates and fluctuating currency. We’re entering a system dominated by commodities, and this has many implications for the future of gold and the economy.
Highlights:
-Gold took a bit of a hit, and inflation is going up
-The ideal of every nation is being able to print as much money as needed while keeping inflation down; this inevitably requires dishonesty
-Politicians always choose inflation over austerity
-GDP has contracted two quarters in a row, and if it weren’t for the lying statistics, the numbers would look a lot different
-The relationship between the supply/demand of the East and West is breaking down
-We’re entering a system dominated by commodities
Useful Links:
Financial Survival Network
Miles Franklin
Summary:
How much further are rate increases going to go, and what effect is this phenomenon having on housing? Mortgage expert Debbie Bloyd comes on the show to talk about this topic, and amidst the shifting conditions of the market, she is still seeing many successful closings and business growth. The market has become a bit more tame, which means that we can expect to return to a pace that we’re used to. The current circumstances have caused buyers to re-evaluate what they can buy, however, with many being less qualified to afford higher priced homes. Tune in for more information.
Highlights:
-Rates are up and going higher
-When Jerome Powell speaks, markets listen, and markets take notice of the rate increases as well
-How much further is it going to go, and what effect is it having on housing now
-There is a lot of movement still out there, despite rates bouncing around
-The market is more tame now, and we’re probably going to return to a pace that we’re used to
-Less people are qualified to afford the homes they want, and people are changing what they can buy
-We’re seeing exoduses out of certain states
-The building of a house is going to take six months to a year and a half now; we still have shortages of labor, but we’re gradually gaining the surplus back
-Demand is high at the moment, and people are waiting for prices to come down—which is not going to happen any time soon
-It’s important to be able to make adjustments and buy what you can afford
Useful Links:
Financial Survival Network
DLB Mortgage Services
Summary:
Have you given thought to the digitization of carbon markets? Ben Jeffreys, the CEO of ATEC comes on the show to discuss carbon credits and how this concept contributes to the renewable energy transition. ATEC’s mission to decarbonize cooking is just one of the strategies that can aid in offsetting emissions, and the results of these moves towards renewable energy could be seen as early as 2040. Tune in for more information.
Highlights:
-What do we think of digitization and carbon markets?
-Carbon credits underscores a lot of what we don’t actually know about carbon emissions and digitization
-Carbon credit is essentially the ability of offset your emissions and pay for that privilege
-We’re trying to transition our entire energy structure, which is no small feat
-Most energy transitions, historically, have been taken care of by the market
-Is it worth bankrupting the world to go about this transition, or do we let the market take care of it?
-If you look at what is happening now, the market is already taking care of this transition
-How do you make money off of this? Many companies have committed to the energy transition to renewable resources
-What does a carbon credit go for? It fluctuates, but it’s sitting around $9-$10 per ton
-2040 is probably a realistic goal for when this transition will come to fruition
-Globally, we are trying to bring universal access to energy
-The transition is not coming because of government policies, but in spite of government policies
Useful Links:
Financial Survival Network
ATEC
Summary:
Rates are going up for the foreseeable future. What does this mean for unemployment, the forthcoming recession, and our economic well being? Jim Welsh has conducted thorough research on rate increases and unemployment, and comes on the show to share his finds. Using data trends that span back to the 1950s, Jim projects what the near future will look like—with a recession guaranteed in 2023—and notes some of the looming indications of this global recession.
Highlights:
-Jim starts at the year 1950, looking at inflation rates and increase in unemployment rates
-The fed funds rate went up 90% from where it started from
-The stock market is not cut out for an unemployment rate above 5%
-The risk of recession has been high, and now that the Fed is above neutral, we’ll see a recession in 2023
-Most of the people with savings are those in the upper 50% of earners—we’re seeing unbalanced consumers
-There are some real stress areas in the economy, but those are the reasons why a recession starting this year wasn’t likely. Rather, we will see one next year
-Europe’s energy prices are extremely indicative of a recession taking place next year
Useful Links:
Financial Survival Network
Macro Tides
Summary:
Mortgage rates are up to 6%, which has doubled the cost of owning a home if you’re not buying with cash. How does this affect the opportunities that are out there? Chris Prefontaine, known in the industry as The Smart Real Estate Coach, sits down and chats with me about the most profitable strategies in real estate currently, and how you can generate cash flow/wealth in ANY market. It’s important to know which groups to target during certain periods in the market (i.e. for sale by owner) and this allows you to make money no matter what economic circumstances we’re facing. Tune in for more insight.
Highlights:
-Are interest rates positive, negative, or meaningless?
-Chris says that this is the best thing that has happened in a long time; the demand for the creative real estate space is huge. What people could once afford in terms of housing is no longer affordable. People can’t buy/sell the way that they used to
-When you can help buyers and sellers, you can create wealth
-You need to know where to fish—what sellers to speak with, and how to use crashes to create profitable strategies
-One group to “fish” in entails for sale by owner
-It’s important to be cautious about how you respond to the media. You need to be able to structure deals in ANY market—this is what creates cash flow/wealth
-You don’t need cash to buy property
-There is not one massive market, but many pockets of the market
Useful Links:
Financial Survival Network
Smart Real Estate Coach
Summary:
As rates and dividends yields are going up, it is increasingly difficult to find higher returns in the current market. Joe Robert comes on the show to share his perceptions of the market right now, addressing real estate, digital assets, and various classes that are all being affected in the current economy. It’s important to change your investing strategy and adapt in light of the bear market we’re situated within. Joe also touches on his fund— the Robert Ventures Fund—which is in place to help you leverage opportunities in alternative asset classes. Tune in for more insight.
Highlights:
-We’re experiencing a slow-down/pullback
-Prices in the real estate sector will possibly come down by a few percent
-Some would argue we’re in a bear market, so you have to change your strategy and adapt
-When in doubt, don’t over-leverage, and be sure to have substantial cash reserves to jump on opportunity that presents itself and cover your debt service
-Leverage can be risky proposition; all loans should be at lower levels
-The real estate market will probably take 12-24 months to experience a price decline
-Crypto/stocks will probably see more of a ‘crab market’ for the next year—where things move less uniformly
-How do you know when to get back into the digital asset markets? Joe thinks that we have seen the bottom or will soon see the bottom
-With digital assets, there is no fundamental market. They trade off of emotion many times, and are based on which direction the market is moving in as a whole
-Is regulation in the digital asset market welcome or unwelcome? Some laws could definitely be put in place to create a better environment for everybody
-The US government is stepping in and can force exchanges to comply
-Joe has been a heavy real estate investor over the last ten years, and is in the process of setting up a fund that will offer excellent returns
-This is a straight yield fund
Useful Links:
Financial Survival Network
Robert Ventures
Summary:
In these days of declining markets, volatile prices, and elusive capital gains, you need to be thinking about cash flow—especially if you want to retire in the distant future. Mark Falter—founder and President of Mid-American Wealth Advisory Group—has been in this industry for almost 4 decades and shares some insightful advice. In this episode he explains how to spot good opportunities, and the process of creating tolerable risk profiles for clients based on account values and different market variables. Tune in for more of Mark’s informative perspective.
Highlights:
-Mark runs Mid American Wealth Advisory Group and has been in this industry for a long time
-How does he guide people to pick the right cash-flowing opportunities?
-Mark explains that there are lots of good opportunities, which are characterized by good/consistent dividends and good credit strength
-Interest rates will probably not reflect the 0.75 we’ve been seeing
-Inflation is cyclical and tends to carry on for a while
-Prices are going down, and people are changing many habits such as driving frequency
-Natgas hit a high at 998, and pulled back a little bit
-Natgas is showing no signs of backing off any time soon
-Costs for products such as pavement have gone up per square foot due to petroleum
-We discuss how to come up with a tolerable risk profile for a client. It’s important to judge the client’s temperament—paying close attention to their account values
-The key is to get yourself in a position where you don’t necessarily have to sell something when it’s down
-Rates cannot stay at their current level with real estate prices also staying the same
Useful Links:
Financial Survival Network
Mid American Wealth Advisory
Summary:
Wondering how you can cut back on costs and decrease the effects of inflation on your day-to-day life? In this episode, Gordon Stein and I talk about some methods for doing exactly that. Gordon comes on the show to talk about his recent book, The Cash Flow Cookbook, and discusses how he went from cutting smaller costs (such as car washes) to making a career teaching others about this topic. Inflation in the US economy affects the cost of many necessities, but by mindfully spending and strategizing, you can minimize the effects of these price increases. Tune in for more insight.
Highlights:
-Every month, consumer credit goes up and consumers are in the hole
-The Cash Flow Cookbook can help you
-Gordon Stein was inspired to write the book when he found a way to get car washes for free; it was an effortless matter. He found the way to cut the costs of a few things, and make a list of these ideas. He eventually made a spreadsheet, book, and a speaking career about it
-When people think about saving money, they assume they have to give something up. The purpose of the book is to evaluate how you can save with minimal effort
-Your credit score can change the interest cost of your loan, your insurance cost, etc. by a large percentage
-We end up buying a lot of things we don’t use rather than shopping mindfully—especially when it comes to clothing
-Gordon helps clients free up cash to grow their relationship with their advisor
-It’s never too late to implement these strategies. If you start earlier, you can see your growth over time. Someone in their twenties can add a lot of wealth to their investing/retirement
-You can unwind the effects of inflation by cutting down on certain expenses
-It’s better to spend money on things you enjoy than spend more money than necessary on things you need
Useful Links:
Financial Survival Network
Cashflow Cookbook
Summary:
With the appearance of inflation getting better and prices going down, is it a safe time for investors? Furthermore, what should you be investing in right now? Matthew Johnson from Johnson Wealth and Income Management comes on the show to talk about this. Growing up with a Father that ran a business himself, Matthew has always been attentive to things like interest, and has noted the way that inflationary effects have shifted over the years. Matthew debunks various misconceptions about the root of the problems, and addresses some of the things to be attentive to going forward.
Highlights:
-The CPI only rose at 8.5%, gas prices are going down…is it a safe time for investors?
-Why is this inflation different from the last?
-Johnson’s Father was a business manager, and he recalls learning about interest at a young age. He has been able to observe the way in which things have changed
-Inflation is not as transitory as people believe. One of the biggest misconceptions about inflation is the Fed being able to drive down demand. In reality, demand is not the problem; there has been little investment in the supply chain, which has been the real culprit of many problems
-There are so many areas besides gasoline that need to be addressed
-Stimulus checks increased the money supply, and the current issues we’re seeing are purely economic
-Matthew works to help people use the money they’ve worked hard to save as income
Useful Links:
Financial Survival Network
Johnson Wealth and Income Management
We were joined by Fury Gold Mines’ CEO Tim Clark and SVP of Exploration Bryan Atkinson for a sponsor update. News has picking up in the past month and CEO Clark assured us that more is on the way.
Dolly Varden Silver's recent strike further underpins the thinking behind Fury’s recent sale of its Homestake project DVS. Fury became a 1/3 owner of Dolly Varden and is poised to benefit greatly from future developments there.
Fury in concert with Newmont upped their respective stakes in the Éléonore joint venture, buying out their partner Azimut’s interest in the project. The Éléonore South JV is located in an area of prolific gold mineralization and is 11km to the north of Newmont’s Éléonore Mine. According to CEO Clark, “The consolidation of the property ESJV is a key transactional milestone for Fury and a positive outcome for all parties. We see a tremendous amount of exploration upside in the joint venture and are thrilled to have a great working relationship with Newmont.”
It was Exploration SVP Bryan Atkinson's first time on the show. He reviewed the significance of this month’s drill results. Further drilling in the Hinge is yielding impressive results. Atkinson remarked that, “The Hinge Target is taking shape with an over 20% plus increase to the mineralized footprint of the Eau Claire deposit… As we have started to gain a better understanding of the geometry of the Hinge Target and narrow in on the sweet spot of gold mineralization, we are planning continued aggressive drilling.”
Multiple zones of high grade and broad widths of moderate grade, intercepts included: 3.50m of 4.79 g/t gold, 1.00m of 14.19 g/t gold, 3.50m of 5.86 g/t gold, 1.00m of 20.6 g/t gold and 17.50m of 1.29 g/t Au. This year's drilling is about 2/3 complete. Assay labs remain backed up, but more results are due in shortly.
CEO Clark is rightfully pleased with Fury’s accomplishments during the past year. With C$10 million in the treasury, there's no need to raise capital at current share prices. He’s convinced that a massive metals bull market is rapidly approaching and is quite satisfied with Fury’s vantage point and its unique position to capitalize upon it. Seasonality favors a run-up in the sector, come Q4 ’22 and Q1 ’23 and Fury is a likely beneficiary, which is why we’re holding our position.
Company website: www.FuryGoldMines.com
Ticker Symbol TSX and NYSE: FURY
Summary:
Can we start celebrating the “end of inflation?” Furthermore, do you have a plan for the changes inflation has brought about, and how these are going to affect your retirement plans? Drew Pelton comes on the show to talk about these things, and it’s extremely crucial—now more than ever—to consider whether your money will last through your retirement or not. There are multiple investing strategies you can look into if you want to focus on planning ahead, and Drew shares some of these in this episode. Tune in for more.
Highlights:
-Is it too early to celebrate the “end of inflation?” Political figures are claiming that we have hit 0% inflation
-Prices are still going up, and the issue remains. We may be seeing a lull in inflation with commodity prices taking a dip, but it is still happening
-Recently, the confidence index fell as consumer view of the situation weakened
-Other reports have showed consumer confidence being higher; people get excited when they’re missing the big picture
-Another important factor to consider with inflation is how to make one’s money last through retirement
-Drew’s firm emphasizes investing for dividends
-Will the economy revert to low interest rates/easy money? If the Fed is going to be smarter than they have been before, they will be smarter relative to the upcoming election. They’ll probably make more reasonable decisions
-84% of Americans do not have a formal retirement plan, which reflects within people’s financial planning. Some people don’t get as organized as they need to for the best results
Useful Links:
Financial Survival Network
Drew Pelton
Summary:
What are some of the alternatives to small business financing? Stephen Sacks comes on the show to talk about some of the alternative methods for funding your business; luckily, there are many you can take advantage of if you’re willing to look. In the UK, there is £200bn in business and startup grants that is waiting to be allocated to companies. Tune in to this episode for advice from Stephen, and to learn how you can better fund your business.
Highlights:
-In business, it’s all about cash flow. Sometimes you have to arrange financing/equity in other ways, and there is a whole world of financial sources to master
-It’s good to surround yourself with people who are going to be honest with you and tell you the situation as it is
-It’s important to acknowledge what you don’t know, and take it upon yourself to learn or find someone who is an expert
-Stephen proposes a method for businesses to retain all of their equity and maintain ownership of business
Useful Links:
Financial Survival Network
Funding Nav
Summary:
What is going to happen in real estate as a result of the recession? I sit down and chat with Pranay Parikh in this episode, and we discuss the presence of high interest rates and housing shortages that are having major effects on the entire industry. We’ve already seen a 5-10% drop across the board, and it seems that successful real estate investing is a game of numbers. Tune in to hear more about what sectors of real estate to pay attention to, and what’s to come in the near future.
Highlights:
-How are you going to get through the recession?
-We talk about real estate, high interest rates, and what’s forecasted for this industry given the housing shortage across the US
-There has already been a 5-10% drop across the board
-What you pay a month is determined by your mortgage interest rate and the purchase price
-Could we go into a prolonged real estate bear market? The market is huge, and we have to be specific. When most people think about real estate, they things of single family homes
-Over the past 5-8 years, people have gotten into short and adjustable mortgages
-A lot of homebuyers and investors have a better idea of what they can afford
-The people on the sidelines who have been saving for years to buy a house are the ones that are going to get hurt
-Cap rates are going higher because cash flow is going down
-It’s all a numbers game
-Keep your eye on the sunbelt, because people are relocating there
Useful Links:
Financial Survival Network
Ascent Equity Group
Summary:
Is the market still going up, or is it going to fall away? I have Andrew Arons on the show to address this topic, in which he is quite optimistic about the future of the markets. This optimism stems from a number of things we can observe right now; earnings are pretty good, and earnings inflation may have peaked. Looking forward, the market could possibly move higher in the next six months, and there are a few key stocks related to rampant consumerism that you should keep your eye on. Tune in for more insight!
Highlights:
-In May, Andrew was calling for a rally—which is happening now. How long is this going to continue?
-Earnings are pretty good; the market was scared about rising interest rates and inflation
-Earnings inflation may have peaked, and all of this is looking good for the market
-The market could also recover from the lows in June
-We’re looking out and seeing where things could be six months from now
-The market could possibly move higher
-There will be some volatility and resistance as we retrace
-Andrew likes stocks such as Amazon, Boeing, and other companies that thrive from lots of consumer spending (i.e. Disney)
-Overall, Andrew is optimistic
Useful Links:
Financial Survival Network
Synergy Advisory Management Group
Summary:
We’re seeing huge signs that the economy is about to roll over—especially with the current commodity prices. John Rubino comes on the show to talk about this, and explains some of the trends that allude to the forthcoming recession. If oil and housing move in a particular direction, then the rest of the economy has to go in this direction as well. People are changing the way that they interact with the market, staying on the cautious side and feeling more inclined to sell. To hear more on what’s to come, be sure to tune in to this episode.
Highlights:
-There is a decent chance that the current quarter is negative, and this will carry us through to the election
-People are starting to save less money with alternative energy (i.e. electric cars)
-We’re in a transition that needs to be managed
-We’re headed into a time of very slow growth, which leads to people being nervous in the market. We could see a lot of big cap being sold, bringing it back down to fair valuation
-Some people would like to see the country divided—people are moving to other states because of their beliefs
-There’s lots of civil unrest in multiple European countries because of farmers being targeted.
-Things are too crazy right now for rational participation
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
Why are the next five years going to be different from the last five years on Wall Street? During the last five years, it was easy to make money, but Simon Ree thinks that the next five years (2022-2027) are going to be a lot different. According to Simon, the Fed has two options—which will either result in the stunting of economic growth or a repeat of the 1970s. His advice to people is to maintain a growth mindset, determining how and when to expose money to risk. Use the link below to check out Simon’s book on options trading, and tune in to this episode to hear some amazing market advice from Simon.
Highlights:
-In the previous 15 years, stocks have had a massive tailwind
-The balance sheet expansion has gone in reverse
-We’re experiencing inflation for the first time in four decades
-In the next five years, the Fed will either stick to their guns—having dramatic effects on economic growth—or rate hikes will stop and the 1970s conditions will come back to life
-Stocks are down, bonds are down, cryptos are down, but cash isn’t down
-Simon encourages people to approach things with a growth mindset: how and when do I expose my money to risk?
-Simon’s preferred method is to use technical analysis to pick out the best assets
-Monthly compounding is a better strategy for some, achieved through short term trading
-There is a shortage of residential housing, and this market is also going to be affected by rates
-The residential real estate market will not necessarily crash, but prices could come down 10%-20%
-If the fed maintains tightening, this could filter into unemployment
-His book on options trading is to help people become successful, independent traders
-He wrote the book to engage readers and simplify concepts in options trading
-In a bear market, you can’t ignore the counter-trend moves
-We’re in a structural down-trend, but don’t fall in love with bear market rallies and think that the worst is over
Useful Links:
Financial Survival Network
Tao of Trading
Summary:
Many people go into one career but feel unfulfilled, and go on to find their calling in a different profession. This was the case for Pranay Parikh, who was once strictly involved in the medical field and decided to expand his career to real estate. He addresses how this dual career allows you to shape your medical profession in the way that you want—making passive money through real estate to avoid overworking yourself. Pranay has an equity group devoted to helping physicians earn passive income, so be sure to listen to this episode and check out his website to find out how you can get involved.
Highlights:
-If you’re able to make money outside of medicine, you can craft your medical career into what you want. Most people think that they need to be either all in or all out, which means that a lot of doctors in the industry are overworked
-The nature of practicing medicine in the US has changed dramatically over the last 30 years—it has become very de-personalized, which is a systems issue
-If you make passive money in real estate, you can spend more time with your clients without being concerned about not making money for that extra time
-Doing real estate passively and working with people that help you manage your investments can help you save time while being involved in the industry
-Many factors are influencing this passive income and the industry. A lot of people want to buy a house but are getting priced out
Useful Links:
Financial Survival Network
Ascent Equity Group
Summary:
The markets are at the mercy of the federal reserve right now. What do you do about it? Dudley Baker has been through many downturns and bull markets, and gives his take on the volatility in the markets. The mining sector has taken some hits, and many investors have endured losses because of this. Dudley is confident, however, that the mining sector will take off in the near future. This is not a sector where you can get in and out; rather, it’s going to require patience and a lot of focus on its movements. Tune in to hear more insight from Dudley.
Highlights:
-It’s important to have trusted individuals to look to as mentors during this time
-There are a lot of companies right now with stock warranties that are trading
-On a good day, the mining sector is terrible—there is no long term growth, and it is a cyclical environment
-There is no confidence that upside moves in mining will last
-Dudley is confident that the mining sector will take off at some point in the near future
-If you’re a trader trying to get in and out, the mining sector is probably not for you
-The one year chart is far below its one year low
-The focus is very much on uranium—there’s going to be a winner for the twenty cent range
-When uranium spikes, there’s no saying how high it could go
-This sector will have its day in the sun one more time
Useful Links:
Financial Survival Network
Common Stock Warrants
Summary:
If you’re wondering how exactly to get into real estate, you may want to consider the world of wholesaling. I sit down and chat with Grace Mills, who has coached over 300 people on making profits in wholesale real estate. To get into this area of real estate, it’s important to take inventory of your current resources and understanding, and decide what your overall goal is. She also talks about different marketing methods—especially the ones that are overlooked—and which ones can be the most effective. Tune in to hear more of Grace’s knowledge on wholesale real estate.
Highlights:
-We’ve been bullish about real estate. Even though it’s a market like any other, there are housing shortages, demographic trends, and other factors that are unique to real estate
-This episode focuses on wholesale real estate
-Grace initially got into this industry in efforts to pay off some of her student loans
-She started working full time for a real estate investment company
-She had an opportunity to transition into acquisitions, but was more intrigued by helping other people making money
-If you want to get into wholesale real estate, first pinpoint your end goal. Then, consider where you would want to do wholesaling. You can do it in the market you’re in, or do wholesales virtually in a market you’re not in. Third, take inventory of your current understanding and resources
-The best marketing channel is an inbound strategy
-Utilize a marketing channel that has always been out there. A surprisingly effective medium can be the radio
-Direct mailing is still a bit over-saturated
-If you’re always in business to solve a problem, you will stay in business
-Pay attention to the market and pain points that drive people’s decisions
-You need to use marketing to first attract the seller and pitch them a plan for how you will help them. The other piece of your marketing is the disposition—moving the property to an actual buyer
-There are lots of Facebook groups for real estate investors, and these are great places to introduce yourself
-Build a flyer to give people information about a property
Useful Links:
Financial Survival Network
Wholesaling Inc. - REI Radio Program with Grace Mills
Summary:
When is a recession not a recession? This seems to be our current positions as people try to redefine what a recession is, and John Rubino discusses this with me in this episode. A recession has always been two consecutive quarters of negative GDP growth—which we’ve been seeing. The government is reluctant to call our current circumstance a recession, and people are being accused of spreading misinformation. Deeper analyses show that we are not where the government says we are economically, and we must consider many pieces of data to assess our current situation. Tune in to hear more of John’s perspective.
Highlights:
-We’re getting serious negative indicators right now that will contribute to a decline in growth
-Inflation can be used to mask what is happening, and growth has been slower than what they are reporting
-There is a problem with how we’ve traditionally defined recession with how we’ve calculated GDP
-It’s important to look at GDP - government debt to see what’s actually happening
-A depression is a much more realistic assessment of where we are
-A lot of charts show that we have not been a growing economy for decades
-The war could potentially be a tool for distraction
-Interest rates are not spiking in Europe; the bond market is calling a recession
-Everyone is piling into what they see as the most risk free asset: treasury bonds
-Commodity prices spiked six months ago and have been trending downward ever since
-Home prices haven’t done what we would expect—especially in California
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
The Fed rate hike is expected shortly, and we’re anticipating and increase of 75-100 basis points. How much of an impact will this have on you and your retirement? I chat with Dee Carter, the President of Carter Financial Group, and he shares his knowledge on what is coming in terms of rate increases and the recession we’re experiencing. The most important thing to do right now is put your money in a place where you can take advantage of the downside when the market moves back up again. Listen in for more tips on how to prepare for the future.
Highlights:
-We’re experiencing a dichotomy: there are some things that indicate a strong recession, but on the flip-side, there are earnings that are up a bit
-All of the numbers point to the fact that we need to tighten up a bit
-How long will al of this last? A lot will be determined by what happens in the November election
-Once we get past the election, we will see a change in the final quarter. But it could be nine months to a year until we get out of the recession we’re in
-It doesn’t look like we’ll see rate decreases in the third quarter
-Interest rates are going up, which means you’ll pay more for your home
-Nationwide, we could see real estate dropping as much as 10% across the country
-Demand is going down a bit, but supply is still down
-If you’re considering an electric vehicle, Florida is a great place for EVs. But this isn’t a convenient option everywhere
-Put your money in a place where you can take advantage of the downside when the market moves back up again
Useful Links:
Financial Survival Network
Carter Financial
We were joined by FPX Nickel’s CEO Martin Turenne for a much awaited sponsor update. A major paradigm shift has taken place in the battery metal space. Automakers around the globe have been in a state of near panic, racing to line up reliable and “friendly” sources of copper, lithium, nickel and other metals required to produce electric vehicles. As Martin said, “... talking about the global supply chain, the demand of auto makers, now we've seen a race. … All of these companies are snapping up or attempting to snap up supplies of crucial metals, because … if they don't get these metals it's game over, [due to] the shift to EVs.” If they don’t secure supplies, they won’t survive.
March 2022 witnessed a major nickel short-squeeze took place, with prices jumping 5-fold in just 48 hours. Now it has settled back into the $9-10 per pound level, a level at which FPX will see high profits and substantial cash-flow. However, Martin believes that nickel prices will continue to increase, as there is just not enough supply to satisfy the burgeoning EV demand.
FPX is uniquely situated to profit from these trends. Its Baptiste and Van projects are some of the largest undeveloped sources of nickel on the planet. Due to their composition, these deposits are environmentally friendly, thus they’re able to forgo the costly/polluting smelting process.
Martin hinted that outside interest in the company’s projects is high and he will provide more information at the appropriate time. But one thing is for certain, nickel is essential to global adoption of EV’s and its future demand insures higher prices and the need to increase production at rates far higher than today’s levels.
This leaves FPX Nickel in an extremely advantageous position with the likelihood of extraordinary returns to shareholders.
Company website: www.FPXNickel.com
Ticker symbols: OTC: FPOCF — TSX-V: FPX
Summary:
You’ve made money in crypto and managed to sell it for a profit; however, there is still an important question to answer. What are the strategies for minimizing tax burden with crypto, and can you use the losses to offset other gains? Micah Fraim, a bestselling author and CPA of an accounting firm, comes on the show to explain how you can lower your crypto taxes by the legal means available. Many people don’t understand this component when investing in digital assets, and Micah’s mission is to help people successfully manage these new age investments. Tune in for more insight.
Highlights:
-If you’ve made money in crypto and you managed to sell it for a profit, you have to figure out strategies for minimizing tax burden with crypto, or try and use the losses to offset other gains
-The average crypto investor has three main categories of income (i.e. trading, capital gains, staking income)
-If you’re trading and holding for more than a year, you get the same treatment as long term capital gains
-With crypto, you can sell your whole portfolio and buy it back, but you realize the loss
-After 30 days you can buy a stock back but with crypto you don’t have to worry about waiting
-The IRS has only issued guidance on five or six things in crypto
-With the things that are ubiquitous, there is no guidance
-Your duty as a citizen is to minimize your taxable incomes through whatever legal means are available
-It’s going to take multiple iterations of regulations to close the loopholes/gray areas that exist right now
-Micah bought some crypto back in 2017. When the market recovered, Micah got involved in a project with cryptocurrency, and realized that no one understood the tax side of digital assets
Useful Links:
Financial Survival Network
Fraim, Cawley & Company, CPAs
Summary:
With inflation, the war in Ukraine, and supply chain disruptions, the most pressing problems in the nation right now are clear. To get some perspective on solutions, I talk to Eddy Gifford—whose job as a wealth advisor is to critically think through these problems and help others subsequently implement investing strategies. Interacting with the market during inflationary, uncertain times requires identifying what type of market we’re in and thinking through all of the possible outcomes. This is what Eddy refers to as being proactive with investing methodology, and you can learn more about it during this episode.
Highlights:
-Eddy Gifford is a wealth advisor who is also into alternative investments
-Cryptos have gotten slammed—Bitcoin is down two thirds and could go lower
-The one alternative investment holding on so far is real estate, but it has an inverse relationship with interest rates. Property costs have doubled
-When you’re dealing with something like cryptocurrency, it’s not a buy and hold situation
-Traditional diversification doesn’t work in bear markets—it’s more about diversification of strategy. We need to be proactive with our methodology—analyzing why one would buy or sell something
-It’s important to pinpoint what your mass loss is
-So how do you approach the market? First, you should identify whether the market is a bull market or bear market and the appropriate strategies based on which one you’re dealing with
-Once you own, have targets in place
-Buying everything for the sake of buying everything is not a recipe for success
-Just because we’re going to be positive over the next few months does not mean this is indicative of recovery
-We could end up in a situation where some of the big names have poor earnings\
-It’s okay to have some cash on the sideline right now—it’s not a bad thing to be sitting in cash when the market is down
-If you’re going to go all in, it’s good to have some sort of hedge in place
-Commodities are more volatile in general than the stock market as a whole
-The inflation we’re dealing with now is a three headed monster—some of these things can’t be fixed with interest rates
-A word of advice - focus on what you control. Focus on paying off credit cards to reduce debt, plan your day to be efficient with fuel/time,
Useful Links:
Financial Survival Network
Tactive - Eddy Gifford
Summary:
Bitcoin is down in the low twenty thousands, and cryptos are in the dumps. Is it your chance to buy, or is this a good time to flee? Gregory Johnson—Co-Founder and CEO of Rubicon Crypto—appears in this episode to help us imagine the future of crypto and how to wisely invest. One entering the industry has to be mindful of its volatility, and maintain a long term perspective in order to strategize. Gregory gives excellent advice about digital assets, which will become even more prevalent as time goes on. Tune in to hear more.
Highlights:
-People need to take a step back and use common sense when it comes down to crypto—regardless of which side of the industry you’re coming into
-People need to think about how dependent we’re going to be on technology in the future, and how much of this technological development will be digital
-There is no absolute guarantee that crypto is going to do things differently than other equity assets people have in their portfolios
-Anyone entering the space should not just be prepared for volatility, but the most extreme volatility they’ve seen when investing
-You have to have a very long term perspective
-It’s important to know the difference between a currency and an asset; assets aren’t divisible or portable, and can’t be spent in the way that currency can
-The evolution of these technologies is only going to continue
-Future reward programs will have a tokenized NFT aspect
-There is a new economy that will involve blockchains, and this is already being implemented with larger corporations
Useful Links:
Financial Survival Network
Rubicon Crypto
Summary:
Is inflation going to continue, and what effect does this have on your retirement? Retirement expert Nathan Cox comes on the show to talk about how to adjust your strategy for investing/retirement in light of what we’re experiencing in the current economy. Indications of a recession mean that we must re-think our investments, which includes being more selective and making sure that your income is generated naturally. Tune in to this episode to hear Nathan’s advice on setting yourself up for success.
Highlights:
-Inflation was running a bit over expectations and came out around 9.1%
-What we do largely depends on what the Fed decides to do in response to inflation
-They can increase interest rates, but they don’t have any control over the supply chain issue
-People remember the 2008 recession, which was an immediate effect
-Our current situation is progressing much more slowly
-Unemployment is the lagging indicator
-We could be in the recessionary position very quickly, and by the formal definition of recession we are technically already there
-The Fed is probably going to have to continue raising rates through 2023 rather than raising and then backing off
-Supply chain issues and the war in Ukraine are making things more complex
-The majority of Americans were relying on things like the 401k, but it’s smart to be more selective with your investment strategy—focusing on quality and dividends
-What investments are more protected from inflation? Make sure your income is being generated naturally; don’t exclusively rely on growth and capital appreciation
Useful Links:
Financial Survival Network
Retirement Income Solutions
Summary:
Markets are going crazy, and we’re seeing a bit of a crash/pullback in commodities. Charles Nenner comes on the show to present how we can understand this phenomenon in terms of cycles. Charles has been known for using cycle analysis to predict future market moves, and in this episode, he explains some of the logic behind cycles in commodities, gold, and the prevalent markets in these circumstances. Tune in for more insight.
Highlights:
-You can calculate how high/low moves go, and when they happen
-The news isn’t necessarily important; it’s more useful to look at cycles and patterns in the markets
-You can only get a bounce when cycles bottom
-When cycles aren’t in sync, it’s not as easy
-Charles’ rule of thumb is don’t go against the cycle
-We’re looking at a bit of a bounce on Bitcoin
-Cycles are generally ahead of fundamentals
Useful Links:
Financial Survival Network
Charles Nenner Research Center
Summary:
The world is bankrupt. How does the impending global bankruptcy affect you? This episode’s guest chats with me about how we got to where we are economically, and what we can expect in the coming years. Jerry Robinson’s saying is “Follow the Money,” but in order to do so, we have to consult past decisions and events to understand the economic effects that come into play years later. This is especially relevant to the pandemic and the policy responses back in 2020 that produced the inflationary situation of 2022. Similarly, what happens in this year will dictate our financial situation in the next 2-3 years, which will hopefully look better as rates adjust and balance is restored. Tune in for expert insight from Jerry.
Highlights:
-We’re in a problematic time of our own making; we’ve depended upon a system that clearly is leading us to a place where people cannot afford basic sustenance in many places
-We’re in a very unprecedented time, monetarily speaking. People are realizing that something is very wrong with the US and global economy
-2022 is a function of the policy responses we had in 2020. We discuss this particularly in reference to COVID and the response of the federal reserve
-Subsequent years will be functions of what happens in 2022
-We don’t know how long the insanity will go, but we do know that we can’t expect to have unprecedented intervention in the economy without unprecedented consequences
-You can’t just follow the money now, you have to go back in history and pinpoint where things start
-They can’t lower interest rates now because policy drove them to this situation
-The fed will reach a place where they increase interest rates, and inflation will then start to settle
-Everything is down across the globe, and it’s coinciding with rate increases
-The initial inflation rate has already come down in some ways (i.e. oil, copper, gold, etc.)
-When input costs come down, the inflation figures will come down
-We may not go back to 2% inflation any time soon, but the fed is managing expectations
-A decrease in inflation, even if it isn’t extreme, will feel like a victory
-When things get somewhat better, this is where a lot of money is made
-When pessimism is rampant, investors look for high quality, dividend paying companies
Useful Links:
Financial Survival Network
Follow the Money
Summary:
We’re seeing oil price shocks, commodity booms and busts, and various factors that are threatening to de-throne the US dollar. Why is this happening, and what does this mean for the global economy? I have Martin Armstrong on the show to discuss this, and he explains the various changes that have occurred—such as sanctions in Russia and countries opting to not borrow in dollars—that put the dollar at risk. Not only is the dollar in danger in these conditions—this shift in currency use greatly affects the world economy. Tune in for more information.
Highlights:
-The dollar has been the one currency that anyone can write a bond in
-So many emerging markets issue debt in dollars so that they can sell to American investors without the foreign exchange risk
-The dollar has had less restrictions globally, which has made it the reserve currency
-The sanctions imposed upon Russia are devastating to the global economy, and have ultimately split it in half
-The world economy has functioned by the free movement of capital, but these sanctions have essentially sent off a warning to the entire world related to getting assets confiscated
-When sanctions are put on individuals, the situation worsens
-The dollar has been weaponized effectively
-This issue will probably become more serious after 2024
-This is not worth destroying the entire world economy over
-Russia seems to have been provoked into this war
-We’re going to have high energy prices in Europe and Asia no matter what happens
-2023 is going to be a massive turning point; it looks as though it can’t possibly get any better, and it’s probably going to cascade into chaos
-A lot of the real estate has been European buying
-As the dollar goes up, Japan and China are selling their bonds
-We’re in a complex situation; there isn’t just one factor that is contributing to the economic turmoil
-Chinese real estate is the largest asset class in the world, and it appears to be imploding
-China warned banks years ago not to borrow in dollars
Useful Links:
Financial Survival Network
Armstrong Economics
Summary:
Has the housing bubble popped? Is it in the process of popping right now? Here to give us the latest news on this is Wolf Richter. The housing market is going through a major shift as stocks decline and mortgage rates go up. Even though we can’t see the progress of this in real time, we can note how the underlying dynamics are changing dramatically. To find out what’s to come, be sure to tune in and hear what Wolf has to say.
Highlights:
-The momentum is draining out and housing stocks are down
-The housing market nationwide is going through a “come to Jesus" moment because of the mortgage rate
-Layers of buyers are going to be moved out of the market
-We see widespread drops in asking prices and volume is dropping as well
-This isn’t like watching a crypto chart; we can’t see the progress in real time, but we can look at the underlying dynamics which are changing dramatically
-Foreclosures are up, but they’re still near historic record lows. This is due to home prices spiking—people can sell their home rather than paying it off
-Formerly, people were using stimulus to catch up on loans
-Many delinquencies were cured last year, and now they’re going up
-We’re probably going to see somewhat of a return to normal levels
Useful Links:
Financial Survival Network
Wolf Street
Summary:
You can never invest too much in human capital. But what are the specific steps you can take to effectively invest in yourself and others? Robert Bendetti comes on the show to provide specific direction regarding this, and talks about learning, leading, listening, and leaving—the 4 L’s of investing in human capital. Robert emphasizes the importance of continually educating yourself as you advance in your career, and taking time to listen and understand others. The tips he gives are applicable to one’s career, but also apply to many other areas of life. Listen in for more insight from Robert.
Highlights:
-You can never invest too much in human capital. Every time you invest in yourself, the benefits and return on investment are at least 10x.
-The four key concepts presented by Robert are learning, leading, listening, and leaving
-These can apply to individuals as well as teams/businesses
-Learning is lifelong. Wherever you are in your career, there is still more to learn. There is formal training, which is extremely important (i.e. higher education or professional certification) and then there is subject learning—acquiring knowledge of the latest happenings in your field
-It’s important to give back in the aspect of learning, and you can do this by being a mentor to others and sharing your experiences. You can also seek out a mentor for yourself.
-You can offer to volunteer in cross-functional teams and learn about the other positions in your field
-If you’re an entrepreneur, you need to look for the client that is in the worst situation. You can often learn the most by taking on the harder tasks
-Remember that you are not the smartest person in the room. Listening to others can be very powerful and presents the opportunity to hear other perspectives
-Talk to your customers and listen. It’s important to take time to listen to your team members as well
-How do you get yourself focused?
-Leaving implies that there are some things that you need to eventually stop doing. This can include too much media consumption. This will free up time for you to listen and learn
-Things you may also need to leave include a job, negative habits, a negative mindset, or toxic people
-Now may be the time to speak or write on what you know; there are many websites that facilitate in getting your voice heard
-Nutrition, exercise, and sleep are things that people often take for granted, which is something that you can change in your own life today
Useful Links:
Financial Survival Network
Robert Bendetti LinkedIn
Summary:
Germany has been capable of making well reasoned decisions over the years, but recent events have indicated quite the opposite. John Rubino comes on the show to talk about the chaos occurring with Germany’s lack of gas, and the lack of faith in the euro. With civil unrest and the inevitable need for the European central bank to tighten, unfortunate outcomes are in store for Germany—and the future of Europe. Listen in for more information.
Highlights:
-A few years back, Germany decided to cut deals with Russia for natural gas—which would make Russia a primary supplier for their natural gas
-They put a hostile military alliance right on their border, and now Russia isn’t exporting natural gas to Germany
-Germany is currently setting up warming stations
-Energy is crucial to Germany’s economy, and now they’re running a trade deficit
-The only reason the euro was a viable currency was because everyone perceived the euro to be a new version of German currency. They also thought of the other outstanding debt as being German debt
-Nothing is propping up the euro, which is why there is now chaos
-People are losing faith in the euro and Germany. The only solution would be taking back the sanctions and trying to make peace with Russia—but it’s also not in Russia’s best interest to do this
-There is a lot of civil unrest taking place
-Damage is being done to agriculture; all of the farmers in the EU are rebelling
-The European central bank has no other choice but to tighten
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
When the price of gasoline doubles and the overall CPI goes up 9.1%, something seems to be wrong. Everything is doubling and tripling, and the Fed has yet to tackle the true root of inflation. Andy Schectman sits down with me to talk about this, and we compare today’s inflation to that of the 80s. If it were measured in the same way as it previously was, we would see an inflation rate of about 13.6%. The entire system is experiencing major fragility, and the effects of this have only just begun. Tune in for more expert insight from Andy.
Highlights:
-When was the last time you saw the price of something go down? Andy did see $4.85 gas, so it has gone down slightly, but prices are steadily rising for the most part
-The originally reported core CPI in 1980 was 13.8%
-Our 9.1% inflation rate measured the way it used to be measured would be 13.6%
-In 2020, we had a rate of 1.4%, so the current inflation is 6.5 times more intense than it was two years ago
-The federal funds rate has risen, but we’re not getting tough on inflation
-Thanks to low interest rates and easy money, assets have become extremely distorted (stocks, bonds, real estate)
-If they raised rates to 9%, you would see the immediate implosion of the markets
-The dollar is trading at a premium to the euro and yen
-With a debt based currency, everything is going to unravel
-The real manipulation has always centered around interest rates
-With low interest rates, companies and consumers take risks that they wouldn’t otherwise take
-We’re seeing a move away from the dollar hegemony because other countries are wondering if they are next
Useful Links:
Financial Survival Network
Miles Franklin
Summary:
Some people overachieve despite a difficult upbringing, and this is the case for this episode’s guest speaker, Ash Cash Exantus. Growing up in the projects of Manhattan, Ash had the cards stacked against him. Nonetheless, he worked his way up and is now one of the best financial advisors in the country. Ash is committed to working hard to reach his highest potential, while consistently reminding others of his humble beginnings and where he came from. He hopes to inspire others to pursue their dreams, upholding the idea that anything is attainable if you’re focused on the right things and have a solid model to follow. Tune in for more incredible advice from Ash.
Highlights:
-Some people overachieve despite a difficult upbringing
-Ash Cash grew up in the projects of Manhattan and became an entrepreneur at the age of 8
-Ash Cash is now one of the best financial advisors in the country, and is the author of 13 books
-If he can beat the odds, so can others. He aims to help other people find greatness rather than making excuses due to their obstacles
-By 24, he was a VP for one of the top financial institutions in the world
-If you’re focused on the right things and have a model to follow, you can achieve anything you desire
-You will only get as far as your belief system. If you believe you will not move forward and be successful, this will be your reality
-Instead of trying to lower to someone else’s level to convince them to succeed, Ash believes in continuing to rise up while reminding people where you came from
-If you constantly look at negative news, you won’t be able to focus on the positive aspects of life and the opportunities available
-His latest book, From the Block to the Bank, recounts his life story to emphasize that regardless of your background, you can maximize your full potential. He outlines 40 key ideas/principles to fulfill this
Useful Links:
Financial Survival Network
Ash Cash
From the Block to the Bank
Summary:
A storm is brewing as people stop paying their mortgages, realizing that the system is rigged and things are bound to change. Here to discuss this is David Stryzewski, and he unpacks some of the inflationary phenomena taking place as well as how to strategize in these tumultuous times. You won’t want to miss David’s useful tips, so be sure to tune in to this episode.
Highlights:
-A storm is brewing—millions of people have realized that the system is rigged, and have stopped paying their mortgages as a result
-This phenomenon is happening in China
-If 20-30 million stop paying their mortgage, the legal system grinds to a halt
-We have inflation and mass defaults, which go hand in hand
-We’re seeing inflation, record high prices, and supply chain issues
-We’re probably going to see different dimensions of these issues
-The new CPI came out at 9.1%
-If we raise rates too high, we kill business activity. If we don’t raise them enough, we kill the dollar
-We must analyze the velocity of the situation—or what the actual cost to the consumer is
-The Fed is going to be more aggressive, and rates need to go up about another 1.5% by September
-The destruction of debt leads to the destruction of money
-Everybody’s debt is somebody else’s asset
-If debt doesn’t get paid, banks will go down the toilet and have to be re-capitalized again
-This time’s housing bubble is different
-They may want to do debt consolidation, but the existing laws could trigger a potentially catastrophic event
-You need to make sure you have a plan and mitigate risk; budget is something that you CAN control
-Have cash ready to deploy
-Invest in yourself. If you want to learn how to do your trade more effectively, take the time to acquire those skills
Useful Links:
Financial Survival Network
Sound Planning Group
Summary:
College can be a great investment for anyone’s human capital, but you have to do it right. Here to discuss how individuals and families can plan for college and minimize debt is Brad Baldridge, a certified financial planner that specifically deals with college planning. It is a process that is different for each individual because there are so many moving factors, so it’s important to take into account all of the ways that one can save money ahead of time and eliminate extra costs. Brad gives a lot of great advice that can help young adults and families prepare for this milestone, so be sure to tune in.
Highlights:
-It’s a twofold process—picking an are of expertise that will give you a return on your investment, and using all of the hacks/tips that will minimize your future debt
-College planning is not a cookie cutter process. There are a lot of moving factors that differ for each individual
-Start planning sooner than you think you need to; there is early stage planning and late stage planning
-Late stage happens when you’re dealing with the admissions process, testing, etc.
-The early stage happens when people are younger and not at the end of their high school career
-For some, Brad advises not to attend college immediately after high school
-Once you get a serious job, it’s difficult to go back to school
-Some people take longer to get their degree, and face more debt later
-There are many professionals that help students figure out what they want to eventually do, and what college major will help them funnel into their desired career
-College is paid for by income, savings/investments, financial aid, scholarships, and reductions/other expenses
-Becoming more efficient is half the battle, and it’s important to be aware of the resources that are available to you
Useful Links:
Financial Survival Network
Baldridge College Solutions
Summary:
We’re experiencing financial, societal, and global insanity that has been a long time coming. In this episode, I speak with Darryl Schoon, who predicted our current situation many years ago when he wrote The Time of the Vulture. Darryl notes the way that the money supply has increased and subsequently lost any value it had. Join us for this episode to hear some of Darryl’s knowledge, and to get an idea of what’s to come.
Highlights:
-Darryl Schoon saw all of this coming many years ago
-Darryl talks about the concept of the ‘vulture,’ who feeds on blind ignorance and denial
-His book predicts the event that we are in now
-Individuals and corporations will go bankrupt before the government
-After the Federal Reserve took control of the money supply, money no longer had the same value
-If all debt was paid, money would disappear; in a capitalist society, there is debt based currency
Useful Links:
Financial Survival Network
Darryl Schoon
Summary:
Student debt is higher than ever. Many young adults applying for universities, scholarships, and student loans don’t always know what they’re getting into in terms of financial commitment. Here to talk about this is Ann Garcia, who recently wrote a book called How to Pay for College. Ann stresses that a great education can come from universities that aren’t as costly or exclusive, and we discuss multiple tips for saving money when preparing to apply for college. Tune in for more amazing insight from Ann, and be sure to check out the links below if you want to purchase her book or browse her online resources.
Highlights:
-There is over a trillion dollars in student loan debt
-It’s important for students to understand the reverse mortgage they are taking out when they enroll in an institution
-If you’re signing up for six figures worth of college debt, it’s important to look at the return on this investment
-The collateral is the student’s future
-People often equate cost and exclusivity with quality, assuming that only the most high caliber universities produce the most successful people
-When Rhodes scholars are announced, more than half of them usually come from public universities with higher acceptance rates
-The factor that will really impact a young adult’s life is the amount of debt that they face after they complete their degree
-Transferring institutions and spending more years enrolled can add on to your debt immensely
-It’s good to talk with your children about how to set up savings and grow them over time
-You can often save money by taking Advanced Placement or IB courses during your high school career, or enrolling in prerequisite courses at a local community college
-It is important to keep in mind, however, that not all universities accept these courses. Taking these classes needs to be part of your research on what university to attend
-It’s also crucial to focus on having a high GPA; if you’re going to take AP or IB courses, make sure that you will still be able to perform well in these classes
-Dual enrollment is also a great option that many schools offer; you can experience the four year college experience without the high price tag
-What you see on your FAFSA is not necessarily what college will cost you in total
-Students whose families that have saved some money for their education are more likely to graduate
-Read the fine print on your financial aid letter
Useful Links:
Financial Survival Network
How to Pay for College
Ann Garcia's Book
Summary:
A major concern in the economy is preventing recession, but it looks as if we are already in one. I sit down and chat with Michael Pento, the President and Founder of Pento Portfolio Strategies, and he has been accurately predicting the Fed’s moves for quite some time. People are losing their jobs, home prices are about to tank, and we are experiencing the direct effects of a recession. Tune in for more insight from Michael.
Highlights:
-Michael Pento has been predicting the Fed’s moves very accurately
-Powell is saying that there is no recession in sight, but we seem to be in one now
-A recession is two consecutive quarters of negative GDP growth
-The Fed is forced to hike into a recession because they have no other choice
-They keep raising and the dollar is going higher, which is killing manufacturing and exports
-If they want to get to neutral, they have to be restrictive
-They’re just now starting to flight inflation, but we’re already in a recession
-With a deflationary collapse in the economy, we would need cash
-Employment fell last month
-The household survey shows that 315,000 people lost their jobs
-The banks are the big winners on inflation; they get
-When lending begins again, that’s when the banks take off
Useful Links:
Financial Survival Network
Pento Portfolio Strategies
Summary:
While all asset classes are experiencing volatility, the self storage sector of real estate has a lot of promise. Drew Dolan comes on the show to discuss some of the advantages of investing in self storage. As the Principal and Fund Manager of DXD Capital, he is extremely knowledgable on this sector, and explains how it has flourished in recently years. If you want to know more about self storage and the logic behind investing in it, be sure to tune in to this episode.
Highlights:
-Real estate is up in the air, and virtually every asset class is going through tremendous volatility
-Self storage is a sector of real estate that may become a beneficiary of this uncertainty
-It’s extremely efficient from an operational standpoint
-Picking location matters the most in self storage, and you can look at a lot of data before making investment decisions
-Even though interest rates and constructions costs are up, there are still many great deals available in self storage
-In development, it’s riskier and requires more effort
-In the last fifteen years, the utilization of self storage has doubled
-The pandemic was good for self storage; there were a lot of new users
Useful Links:
Financial Survival Network
DXD Capital
Summary:
With the dollar going higher and precious metals going lower, the markets are crazy. Here to analyze this is Bob Hoye, who uses historical trends in financial markets to evaluate what is happening in the contemporary economy. The current patterns within precious metals and interest rates are indicative of a great financial bubble. Tune in to hear Bob’s perspective, and data driven predictions on what’s to come.
Highlights:
-The markets are crazy; the dollar is going higher and precious metals are going lower
-Bob has looked at extensive history on financial markets, and over time we’ve seen patterns with financial bubbles
-With the conclusion of a great bubble, copper’s real price goes up and gold’s real price goes down
-In July 2020, the precious metals sector got completely overbought
-In a financial bubble, gold deflated goes down; then it stabilizes and goes up
-Bob has been specifically looking at the rise of gold’s real price in relation to the CPI
-If you’re in the mining business, get out of base metals and into the gold business
-Gold, base metals, and real long interest rates have done what they are supposed to—indicating that the bubble is over
-The Fed has tried to inflate in previous crashes
-The dollar is going to keep going up
-In China, base metal mining and gold mining have soared
-High prices for metals build capacity
Useful Links:
Financial Survival Network
Charts and Markets
Summary:
Markets are in turmoil, commodities are crashing, and instability seems to be the overarching theme. Here to talk more in depth about this is Octavior Marenzi, CEO/co-founder of Opimas. The fundamental issues and problems have not changed, as central banks pump huge amounts of money into the markets. Once these inflationary waves start, they’re extremely difficult to suppress. Is there hope for the future? Tune in to find out.
Highlights:
-Wars are continuing—perhaps with more on the way
-It’s a hazardous minefield you have to navigate through to protect your wealth
-It’s better to lose to inflation than to lose in the markets or in bonds
-Is this decline/bear market different than the previous ones?
-The deciding factor in this market is what the Fed does—and Jay Powell seems to be playing a poker game
-The fundamental issues and problems have not changed—central banks pump a huge amount of money into the markets
-There may be expectation that they will drain liquidity out of the markets in the future
-When inflationary waves start, they’re hard to suppress and become intractable
-People want to trade their cash for items that they believe will be more valuable
-There isn’t a clear strategy to pursue right now
-Bitcoin is looking weak, and the housing market looks shaky as well
Useful Links:
Financial Survival Network
Opimas
Summary:
Have we already reached a recession? As the economy slows down and people begin to stop purchasing, it seems as if this is the case. Here to discuss this is John Rubino from Dollar Collapse, and he unpacks the current decline of the global economy—expanding beyond the US and touching all markets. Things are only going to get messier, so tune in to hear what to expect in the near future.
Highlights:
-Gold and silver are getting decimated, and everything else seems to be getting decimated worse—such as oil
-The economy is slowing down; people are buying less stuff because prices have increased astronomically
-We are possibly in a recession already
-The dollar is going up relative to other currencies; the European bank was forced to tighten, and yields started to go up
-Their plan was to tighten German bonds, and they are going to keep financing deficits
-Investors have to figure out how to allocate their money based on what the economy of the world is going to do going forward
-By the end of this year, there is a chance that we will be back in easing mode
-This is just like what has happened the last three/four times around, but on a bigger scale
-In many areas of the world, we’re seeing food riots
-Things are going to continue to get very messy
-A lot more people are probably going to come out and vote in this midterm election
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
Many people are leaving their corporate jobs to become entrepreneurs. This can be good move in many circumstances, but it’s important to know what you’re getting into. Business coach Kevin Stansfield comes on the show to talk about how you can minimize your risk when purchasing or starting a business, and there are a number of factors to keep in mind with both. You must have a clear vision of where you want the business to be in the future, and it’s crucial to get advice to someone who has bought or started a business before. Tune in for more insight.
Highlights:
-Many people are leaving their jobs to become entrepreneurs
-There is a big difference, however, between starting a business and buying one
-Kevin has been coaching businesses now for about 16 years
-Kevin’s Dad had a difficult experience buying/owning a business
-Kevin got into business coaching for business owners like his Dad who are passionate about what they do
-Try to find the business that is going to be the next big thing—what Kevin calls the ‘unicorn.’ A lot of luck is involved
-It’s also important to ensure that you can get paid forever
-The biggest mistake people make is that they don’t have clarity about where they want the business to be in the next 5-10 years
-You must master your brand, which entails sales, advertising, marketing, and all of the factors involved
-A lot of learning happens through trial and error
-Get advice from someone who has bought a business before. To mitigate your risk, you can buy a franchise
-When you start a business from scratch, there are no systems in place, and you have to build them from the ground-up yourself
Useful Links:
Financial Survival Network
Kevin Stansfield LinkedIn
ABC - ActionCOACH
The Big Dipper Book
Summary:
If you don’t change the way you’re doing things, you may have to retire the idea of retirement. Thankfully, Randy Sevcik has great advice about how to better plan/manage your retirement. In order to plan for the future, it’s important to consider the psychology behind what has brought us to the current point in the economy. Randy helps clients build timelines by looking at each individual investment, and then creating a strategic plan for balancing income and growth as someone gets closer to retirement. Tune in for more insight.
Highlights:
-There has been madness in the markets; we knew this was coming, but it still has a large impact on us
-You have to look into the psychology of what has brought us to this point
-Roughly 10,000 citizens are retiring every day, and it will stay like this for the next 8-9 years
-For the first time, half of our population will be at or in retirement
-This isn’t going to be your typical recessionary or inflation period because the psychology behind it is different
-Most of the money in the market comes from people aged 55 and older
-Randy builds timelines by looking at every single investment someone is going to do. As you move closer to retirement, you have to become more conservative and be okay with missing out on potential growth
-Some people are going to panic and purchase things that they shouldn’t
-Look at market sectors based on what’s going on with the overall economy (i.e. energy)
-To get through the emotional part of it, it’s important to trust the math and map out your plan quantitatively
-It’s also crucial to balance income and growth
-The people fixing the problem must admit there’s a problem
Useful Links:
Financial Survival Network
Elite Group Retirement Services
Summary:
Is the madness coming to an end, or is there more in store? More importantly, what does this mean for your wealth, portfolio, and retirement? I have Mark Singer on the show to talk about the current state of the markets, and why the mayhem is any different this time around. Markets go through cycles, and the way we perceive the fluctuations is influenced by personal perspective and how we time our own financial decisions. Tune in for more insight.
Highlights:
-The markets always go through cycles, so nothing has necessarily changed in that regard
-Bear markets happen every 3.5 years, so what has changed?
-For most, the current markets don’t have a true impact on their long term lives unless they are highly dependent upon portfolio income
-This time being different than last time in regard to the markets going down has to do with perspective
-The markets overreact on the upside and downside
-The real problem that people face in planning their retirement is timing
-The fixed income markets have been disastrous
-When consumer sentiment is at a low, markets rebound strongly
-The biggest mistake you can make right now is to overreact
Useful Links:
Financial Survival Network
Mark Singer
Summary:
Previously, we were seeing the potential for a new cycle in commodities with metal prices going up. 90 days later, the Federal Reserve is trying to fix what they created in the first place. Gold and stocks have somewhat of an inverse relationship, with worsening bear markets for stocks creating better conditions for gold stocks. With the lingering question of what the Fed is going to do, and where the markets are headed, there is a lot to cover. You don’t want to miss anything, so be sure to tune in to this episode.
Highlights:
-Everybody is wondering when/if the Fed is going to pivot
-Congress’ first order of business is to get re-elected
-If you’re leveraged or over-leveraged right now, it’s not a good feeling
-The worse the bear markets get in stocks, the better it is for gold stocks
-Gold price always bounces back and goes a lot lower than one would expect
-Values/fundamentals don’t mean anything—the only thing that matters is the cash and leverage you can acquire in these instances
-While everybody is selling, you’ll have cash and will be able to make rational decisions
-The Federal Reserve was initially there as a backup
-The goal of the Fed then shifted to keeping prices and employment stable. Finally, they decided they needed to keep stock prices going up permanently
-We may have had a bottom because two days ago there was a rally
-The stock market is ridiculously oversold and due for a bear market rally
Useful Links:
Financial Survival Network
Junior Miner Junky
Summary:
Michael Moor comes on the show to talk about the S&P and the overall market. He’s predicting that we’ll see some choppy, downward movement in the next few weeks. With gold, we’re also experiencing consolidation, and Bitcoin is on a trajectory to potentially go into negative territory. Tune in for a comprehensive, analytical overview of the markets from Michael.
Highlights:
-Markets are volatile; many people have suffered losses
-With the S&P, we are now in a bearish corrections
-We’ll probably see some choppy, consolidated, downward movement
-You should always know where you want to get out if you’re down
-We’re heading towards $10 Natgas; it’s broken above significant levels over the last ten years
-Gold is in consolidation—testing a bearish pattern down below
-We had broken below a significant number, but then traveled beneath that number and couldn’t move up
-We’re sitting on a bearish formation
-Bitcoin is below a significant bearish formation
-Bitcoin could go into negative territory
-We could be in the last stretch
-The market can turn in four different ways
Useful Links:
Financial Survival Network
Moor Analytics
Trillion Energy’s CEO Arthur Halleran joined us for a much-anticipated sponsor update. The company is fresh from a C$22.5 million massively oversubscribed offering and how has the cash to start spudding wells. Halleran recently visited Turkey to accelerate the project and expects the first wells to be spudded later this summer.
A lot has happened in the past 18 months. Turkish natural gas prices have more than tripled to $21 mcf and the expectation is that they will go higher still in the months ahead. There’s no end in sight to the Ukraine war and Russia has drastically curtailed European gas sales. A cold winter could lead to dramatically higher prices and Trillion is poised to profit from it. The plan is to eventually have at least 17 producing wells. While the SASB field was a prodigious producer in the past, new technology and drilling methods should lead to record production for many years ahead. Best of all capex will be low as existing infrastructure replacement according to Halleran is over C$500 million.
The company’s Bulgarian project was on the backburner till recently due to the global pandemic. It has worked to Trillion’s advantage. The company now has optionality, it can use SASB cash flow to finance production, or it can bring on a production partner. The profit potential is clear with gas now trading at $22 per mcf and Russian induced shortages are prevalent.
We’re still extremely bullish about Trillion and continue to hold shares.
Company Website: www.TrillionEnergy.com
Ticker Symbols: OTC: TRLEF -- CSE:TCF – Frankfurt Z62
Summary:
Credit repair expert Paul Oster comes on FSN to talk about the importance of paying off your debt—especially in our current economy. Since stimulus checks are no longer being issued, it’s time to re-acclimate and formulate a plan for debt free living. As rates go up, it will take people more money and a longer period of time to pay off debt. Once you create a plan to get out of debt, you’ll wish you had started sooner. Tune in for more insight from Paul, and visit his website for credit repair resources and coaching.
Highlights:
-The stimulus has run out, and defaults on housing are going up
-Early on in a down-turn, we see 30-day lates with payments
-We have to give people a chance to re-acclimate to reality
-Consumers need to pay attention to their household budget
-Middle to lower income families are the ones who are going to get hit the hardest
-This is not a housing crisis at all—many factors have had a tremendous impact on all markets
-The demand in housing is so high that it is driving prices through the roof
-Most people in debt are not in a position to pay their current bills on time, and need to meet with a financial advisor
-If we’re going to get out of debt, where is the money coming from? It ultimately comes from cutting expenses
Useful Links:
Financial Survival Network
Better Qualified
We were joined by Tier One Silver’s CEO/President Peter Dembicki and SVP of Exploration Christian Rios for a sponsor update. The company is resuming its exploration program as the Peruvian rainy season has ended. The Phase one results at the Curibaya project were quite impressive. CEO Dembicki observed that, “… the company is at the start of a major silver discovery.” The company hit bonanza and high-grade silver in a number of drill holes.
Exciting as these discoveries were, there’s every indication that a large copper porphyry deposit is lurking. To aid its efforts, the company brought in two world-class consultants to review the drill results and set the course for Phase two of the program. SVP Rios has laid out a strategy of doing more surface sampling to better develop future drill targets.
The company is also moving forward with its Hurricane Silver project and will be conducting geochemical and geophysical surveys at the Magdalena target area, where five mineralized vein corridors were identified with recent channel sampling results including 6 m of 239 g/t Ag, 1.21% Cu, 0.34% Pb, 0.15% Zn and 1 m of 605 g/t Ag, 0.26% Cu, 5.79% Pb, 0.21% Zn. A social access agreement was recently obtained here.
It’s hard to believe that Tier One was formed a little more than a year ago. The results to date have been impressive, but the company is picking up the pace and more positive news is expected. Fresh from a C$6 million capital raise, the company is well-funded. It’s noteworthy that even in the depressed junior sector, investors enthusiastically ponied up additional funds to advance the company.
With a world-class team and the proven ability to get the job done, Tier One’s future looks bright, and we’re among the company’s shareholders looking for a large return from our patience.
Company Website: www.TierOneSilver.com
Ticker Symbols: OTCQB: TSLVF — TSX-V: TSLV
Summary:
Energy prices have skyrocketed. Who is to blame, and are they going to improve? Jeff Petrash, a lifelong participant in the energy system, chats with me in this episode about natural gas and its centrality to today’s energy usage. Current natural gas prices are the product of multiple factors, including the pandemic and the war in Ukraine. This energy source must be understood from the perspective of supply and demand, and its infrastructure. Tune in for more expert insight.
Highlights:
-Natural gas has been doing nothing but going up, and is in the midst of a parabolic move—having a profound effect on the economy
-Natural gas has become more important to the economy over the past 20-30 years than petroleum
-Current natural gas prices are attributed to the war in Ukraine and the pandemic
-During the pandemic, demand for natural gas lowered, so production was decreased
-The demand has come back, but production cannot ramp up again quickly
-The economist will say that the cure to high prices is high prices
-We’re seeing double digit gas prices in Europe, and they’re going to want to cut back on their dependency on Russia as much as possible
-ESG bandwagon has tried to divert investments away from fossil fuels
-Does it make sense to build an infrastructure that won’t be needed in the next 40 years?
-We have a relatively basic industry, but it’s not fully understood
Useful Links:
Financial Survival Network
Jeff Petrash LinkedIn
Summary:
New York Times bestselling author Sam Liebman sits down and chats with me about real estate; specifically, the we discuss the valuation of office buildings, which is rapidly decreasing. This is largely attributed to the pandemic. Many tenants stopped paying rent, and Sam predicts that valuation of office buildings will soon be lower than mortgage. With less people going back to work, this sector of real estate is looking barren. Tune in for more information.
Highlights:
-Interest rates have gone through the roof
-The real problem is the technology regarding the effects on office buildings and retail
-You don’t have to live in the city to do business in the city anymore
-Manhattan office buildings are only 40% occupied—which is terrible for the valuation of real estate
-During the pandemic, tenants were not paying rent
-Soon, valuation will be lower than mortgage
-We are probably going to see an avalanche of foreclosures.
-Rents are going up, but so are operating expenses (i.e. insurance)
-Governance has fallen victim to politics
-Remote work is still very attractive to people considering employment options
-Florida wants to cap the amount you can increase rents to 15%
-If Florida doesn’t have an income tax, where is the money going to come from to build? It needs more infrastructure
Useful Links:
Financial Survival Network
Sam Liebman
Summary:
Author John D. Kuhns, an expert on Bougainville and the mining aspect, comes on the show to discuss the next big conflict that the US will have to face with China. Bougainville is going to become the newest nation, and its mining reserves approximate $100 million. In order to re-develop the mine, they’re going to need help financially and technologically. Tune in to hear what’s to come with Bougainville, the US and China, and the mining sector. Additionally, if you’re interested in John D. Kuhns’ They Call Me Ishmael, you can find it via the link to Amazon below.
Highlights:
-Bouganville is on the front line of what is expected to be the predominant conflict the US will face over the next decade—the conflict with China
-Its reserves approximate $100 million
-There is a lot of mining, but also a lot of poverty in this area
-Bougainville is going to become the newest nation
-Their constitution differs from that of Papa New Guinea
-Bougainville’s mining/resource rules parallel the ones in the US
-They need help financially and technologically to re-develop the mine
-They Call Me Ishmael is John’s novel that discusses this topic
-China is upgrading to a military involvement
-A big problem is coming and we need to be financially/militarily prepared
-China doesn’t always deal with their land properly or assess risk
Useful Links:
Financial Survival Network
John D. Kuhns Wikipedia
They Call Me Ishmael
Summary:
I sit down and chat with Gerald Celente to go over some of the major problems in the US at the moment that could prevent us from future prosperity. He suggests that there is a need for freedom and justice—and unity above all—so that we can thrive as one nation. Additionally, we’ve been seeing many shifts in work environments, which in turn affects the real estate industry. Tune in for more perspective on US economic and governmental matters, and changes we hope to see in the near future.
Highlights:
-Gerald has an event coming up on July 23rd—it’s a peace and freedom rally that is free to the public
-Gerald thinks we need to start a new party and unite for freedom and justice; otherwise, we risk losing power as a nation entirely
-The concept of working from home is liberating to a lot of people—especially if you have kids to take care of at home
-This trend will probably extend into education, which could help increase the quality of education
-On the other hand, working from home damages the office building/real estate sector
-Artificially, the dollar will be a strong currency
Useful Links:
Financial Survival Network
Trends Research Institute
Summary:
There’s a major storm hitting financial markets across the globe. How do you use this as an opportunity rather than fearing it? I sit down and chat with Mariusz Skonieczny, and we focus on the destruction that needs to happen in order for the economy to ever be able to heal. Trying to indefinitely put off economic pain never works. At the end of the day, we have to face things like recession to move forward, which entails fixing the supply chain and lowering prices. Tune in for more insight.
Highlights:
-This looks like a genuine bear market—many people out there investing have never experienced a bear
-It’s a matter of who is going to survive the storm
-We’re experiencing creative destruction; recessions often cleanse the economy, allowing it to heal
-Trying to put off economic pain indefinitely never works
-As the economy has progressed, there seems to be a belief that we can prevent recessions, but these are inevitable
-Look for companies that provide a solution and are useful to society
-The economy has to re-allocate its resources so that we can solve supply chain disruptions and stop price increases
Useful Links:
Financial Survival Network
Mariusz Skonieczny YouTube
Summary:
In this episode, we talk about the blockbuster supreme court case—the New York State Rifle and Pistol Association v. Bruin. This is a debate that goes beyond re-affirming 2nd amendment rights, and implies that virtually anyone can get a weapon. In the midst of tragedies as a result of gun violence and shifting views around guns, it is an important conversation to have time and time again. Tune in for more insight.
Highlights:
-This case goes beyond re-affirming 2nd amendment rights; it implies that virtually anyone can get a weapon
-This amendment acknowledges rights that already exist; the second amendment expresses that you can bear arms at all times—not just in your home
-There are a few regulatory schemes
-You think courts are going to rule one way, but they often surprise you
-It’s going to be a lot easier to get a gun and carry a gun
Useful Links:
Financial Survival Network
Summary:
Markets are making a recovery; is it short lived, or is the danger trade still on? I sit down and chat with Dutch Masters from Carnivore Trading to talk about what to expect in the near future of the markets. We discuss what sides of the markets to anticipate, as well as particular stocks to pay attention to as time goes on. Tune in for more insight.
Highlights:
-We’re seeing many stocks still in a down trend—they’re trying to break out of this trend, but haven’t done it yet
-We’re having to be selective and find special options
-Elon Musk seems to be negotiating the price of Twitter; this may be profitable sector for people who are well versed in options
-It’s not a matter of if he’ll buy it, but a matter of what the price will be
-60% of our capital is defensive in inverse ETFs—playing the short side of the market
-It always takes longer for real estate/home builders to adjust their price; this market takes a while to come around and reflect the true pricing going on
-Dutch gives a list of stocks to watch
Useful Links:
Financial Survival Network
Carnivore Trading
Summary:
CC Lagator comes on the show to present a better method of trading—allowing investors to get better options for trade. One has to have a strong command of probability calculations to be successful in this industry, and Lagator’s company—Options AI—provides the resources to get involved in options. To learn about this profitable area of the market, be sure to tune in to this episode.
Highlights:
-There’s been a ton of market volatility, and it’s difficult to make money in these markets
-The math for trading options is difficult
-Options aren’t like equity or stock—there are hundreds of strikes in each stock
-There is an options market maker on the other side when you place an options order
-You have to look at the platforms themselves and the offerings of retail brokerage
-At Options AI, about 75% of order flow is multi-leg options
-You can theoretically make money with a market going sideways
-The esoteric language around the industry almost seems intentional; it is a gate-kept industry that not all investors understand
-For most of options trading, you need to be able to continually perform probability calculations throughout the entire process
Useful Links:
Financial Survival Network
Options AI
Summary:
In this interview I speak with Aaron Rubin, who specializes in tax and stock options. As a member of Werba Rubin Papier Wealth Management, he has a number of tips for minimizing eventual tax burden, and strategies for public and private entities. Be sure to tune in for insider information on options, especially if you want to save on taxes in the future.
Highlights:
-We recently heard about Elon Musk—with options in Tesla coming up. He exercised the options, which is taxable
-Musk is probably sitting on some incentive stock options
-Non-qualified stock reflects a difference on your tax return
-It increases your ability to exercise incentive stock options for no tax at all
-When you have an opportunity to sell stock, what stock do you sell? It’s important to look at what gets taxed
-When something out of the ordinary happens, there’s a chance that there’s a great opportunity ahead
-With public charities, you get the most bang for your buck
-Private foundations have their own set of rules
-If you know you’re getting stock, it’s important to exercise your stock options early
-Early exercise allows for pre-purchase—making it yours on paper sooner. You can start being taxed by the IRS, and you get taxed at zero in the beginning. As the stock bests, you don’t owe additional tax
Useful Links:
Financial Survival Network
WRP Wealth
Japan's central bank loses control of interest rates. Is this the future of the US and Europe? Cryptos are stabilizing, but other defaults are looming so the carnage might not be over. Energy markets in turmoil -- Germany is rationing gasoline and reactivating old coal plants to offset the lack of Russian gas. Heat waves are disrupting the US south.and midwest.s electric grids and killing homeless people and livestock. Another reason to expect food shortages and higher prices next year. Electricity rates are set to double. Here’s why. Tesla raises prices again and again. Commodity price increases are being passed on to consumers which will have a huge negative effect on politics and the upcoming elections.
Summary:
In this FSN interview, I chat with German blockchain expert Sergej Kunz—the co-founder of 1inch network—to unpack the latest happenings in cryptocurrency. We specifically focus our topic of conversation on NFTs, and discuss some of the various uses of these digital assets. They are digital works of art, but crypto experts are exploring how they could be used as passports, and for the tokenization of real assets such as apartments. Tune in for insight from a knowledgable figure who is helping to pave the future of tech and finance.
Highlights:
-The price of Bitcoin is at $20800
-The chart of Bitcoin for the year is nothing but red, and in the five year span it’s higher
-The blockchain will continue on, but there are still problems to solve with it
-This is the future—technology will be used more and more to exchange currency
-NFTs can be used in different ways; they are like art
-NFTs can also be used as a digital passport
-It’s important to be able to prove that a wallet is owned by you
-You can also tokenize real assets as NFTs, such as apartments
-Platforms can charge a fee for people to buy/sell NFTs on it
-It’s important to read and understand a smart contract before investing
-Digital assets are changing the world and making the financial system more efficient
-There’s a lot of busted trades on the market currently
Useful Links
Financial Survival Network
1inch
Summary:
Regardless of what the Fed does in terms of rates, we are going to face inflation for years to come. To analyze some of the consequences of the intense money supply increase, I chat with Miles Franklin CEO, Andy Shectman. Whether rates are increased or not, we find ourselves at a stalemate—the two possible outcomes being depression and hyperinflation. With the fragility of our currency, it becomes particularly important now to diversify your assets and invest in the precious metals. To learn more about the advantages of the metals—especially in the current circumstances—be sure to tune in to this episode.
Highlights:
-Mortgages are up over 6% on 30 year fixed mortgages
-Regardless of what the Fed does, we’re going to have inflation for years to come
-Gasoline and food aren’t included in the CPI
-If they raise rates, it’s death by depression, but if they don’t raise rates, it’s death by hyperinflation
-Electricity rates are going to double in the next 18 months
-As rates rise, the everything bubble has to eventually correct
-Stocks, bonds, and real estate are all inversely correlated to a rise in rates
-The weaponizing of the dollar is concerning for other currencies
-Gold looks like it could go substantially lower in the near future; right now, gold is up about $12 while everything else is down
-Gold is doing what it’s supposed to by way of preserving purchasing power
Useful Links:
Financial Survival Network
Miles Franklin
Summary:
Today’s episode is crucial for parents and grandparents looking to contribute to the financial literacy of future generations. Paige Afendoulis is releasing a book titled My Dad’s Class that addresses strategies for educating our children on smart spending, saving, and investing. Drawing from firsthand experience, she emphasizes the importance of implementing simple and consistent lessons about money at an early age, which can set your child up for later success. Tune in for more tips, and for an inside look at the premise of Paige’s book.
Highlights:
-Paige has a book coming out about financial education for children titled My Dad’s Class
-She learned at a very early age about the importance of learning about banking, investing, and credit
-Starting children early and establishing consistency with banking and accounting is crucial. Practicing these things often is key
-It’s important to have frequent conversations about finances, and to have kids be involved in family budgeting
-Distinguishing between wants/needs and understanding family values are critical money lessons
-Use props and examples, and make the lessons tangible
-Encourage your children to set goals
-Delayed gratification trickles into financial skills—teaching kids to wait rather than to act on impulse
Useful Links:
Financial Survival Network
My Dad's Class
Summary:
In this episode, I chat with Joe Robert—Founder and CEO of Robert Ventures—about digital assets and the prevalence of technology in business. As companies become increasingly geared towards tech as a means of efficiency, our global economy is experiencing a similar shift. The real question is, how do we to trust an asset wherein its value exists in the medium of the web and lacks a predictable progression? Tune in for Joe’s take on these considerations that must be acknowledged in the digital age of economics.
Highlights:
-As of Monday, the 500 wealthiest people in the world lost $206 billion
-The world cannot survive without the rich
-Joe is primarily invested in digital assets (i.e. cryptos)
-Over the last decade, he has noticed the prevalence of technology in business; many companies are geared towards tech
-Software helps create things that are more efficient, removing the middle men from the equation
-To validate the worth of your NFT, you have to have confidence in the way it is backed by the blockchain, which shows evidence of ownership
-Cryptos have gotten slaughtered
-Bitcoin trades purely on emotion, and you can’t anticipate the market
-The Fed wants to raise interest rates to bring down inflation, which hasn’t worked well so far
-The goal is to out-pace inflation, which makes it important to be involved with some sort of asset
Useful Links:
Financial Survival Network
Robert Ventures
Summary:
How do we survive the carnage in the markets? Alejandro Szita urges us to turn to real estate, which behaves differently than many other investments and has potentially promising outcomes in our tumultuous economy. Commodity prices going up allude to future home values going up, which makes real estate a sector worth exploring and investing in. Tune in for more expert insight.
Highlights:
-It’s the day after carnage in Wall Street. The question is, how do we survive this?
-Peak inflation is not here, but rather, it is down the road
-Is real estate a hedge against inflation, or is it just like any other investment?
-The real estate market has confusing signals; it is driven by demand and interest rate
-Increasing rates have had an interesting effect on real estate
-On a large loan, 2% makes a huge difference
-In California, governments have been restricting the supply of homes; officials have varying intentions
-Housing doesn’t behave the same in every county—each market is local
-It’s important to focus on what you can control, such as how you spend/leverage your money
-Real estate is still a way to leverage your income and acquire an asset
-When cash flow is going down, your future bill is going to be small
-We discuss the different between rate and volume of interest
-We talk about what is referred to as inflation-induced debt destruction
-As the price of commodities that make up your home go up, the price of your home after inflation also goes up
Useful Links:
Financial Survival Network
Prosperity Lending
info@prosperitylending.us
Summary:
Markets are still down after a turbulent Monday, which leaves us with a lot of questions. Is the Fed going to do what they say, or will they be forced to back off? I have David Stryzewski on the show to discuss the Fed’s potential decisions in consideration of inflation and the markets. David emphasizes the importance of investment strategy amidst economic uncertainties, so be sure to listen to this episode for some valuable perspective.
Highlights:
-Inflation is at forty year record highs
-The Fed now has to raise rates even more
-Our economy is strongly based upon the housing market; housing is a lagging indicator of our economy’s direction
-A lot of the numbers we’re getting are 90 days in the rearview
-Hotter markets are seeing the benefits of the great migration
-Is this a better time or worse time for foreign treasuries to start purchasing US real estate? This puts the United States on sale for the rest of the world
-Look at buying cryptocurrency as purchasing technology, or an algorithm
-The world is moving towards decentralization and smart contracts, which the Web3 space enables
-A no-fossil response produces inflationary environments
Useful Links:
Financial Survival Network
Sound Planning Group
Summary:
Regardless of what asset you own, everything is getting sold today. I have Craig Hemke on the show to discuss this phenomenon, as everyone is beginning to exit the markets in a panic. The damage being done is nothing we will bounce back from immediately. Is there still hope? Tune in to this episode for more expert insight.
Highlights:
-If there’s a bid he can sell into, Craig’s first choice is to sell
-The bond market is selling off almost uncontrollably at this point
-The Japanese Yen is imploding
-The damage that’s being done to people’s wealth and the economy does not simply turn around
-Wages aren’t keeping up, even with the understated inflation
-A reset is coming
-With the current state of resource, you can’t assume everything is always going to be there
Useful Links:
Financial Survival Network
TF Metals Report
Summary:
In consideration of the markets getting slaughtered, where is the best place to put your money? Toni Patillo comes on the show to talk about the real estate market, as the primary constant in today’s economy is real property. In order to be successful in real estate, however, it’s crucial to understand where you’re investing, and where this particular area within the market is headed. Tune in for more insight.
Highlights:
-There is a discrepancy about where true wealth comes from; is there a way to reconcile the two sides?
=There are always fluctuations in the market, and the one constant is real property
-In light of the record gains we’ve seen in real estate prices over the last three years, there have been unsustainable high prices and increasing rents/mortgages. The real estate sector is bound for carnage
-If you’re just getting into real estate investing, do you stay the course?
-Many people are waiting for prices to come down, but it doesn’t look like this will happen any time soon
-It’s all about location, or where you’re investing, and how much equity you have in the property
-It’s a tough market to flip a house
-Labor and materials can have a huge impact on your bottom line
-For those who want to get into real estate, the objective is long term gain
Useful Links:
Financial Survival Network
Toni Patillo
Summary:
The dollar isn’t doing too well under our democratic presidency. With that in mind, it’s important to think about inflation and how this dictates the future of many commodities. Here to talk about this is Eric Hadik from INSIIDE Track Trading, and he provides a technical analysis of commodities—specifically in regard to how they will pan out later this year. Tune in to hear why commodity price inflation will most likely have a significant top in Q3, and other predictions that will help prepare you for what’s to come.
Highlights:
-Over 2 years ago, it was said that the dollar does better when democrats are in office, but the case seems to be different today
-A governing Republican philosophy is that a lower dollar is better (increases exports)
-During the Reagan administration, a strong dollar hurt some of the American economy
-Eric’s predictions in 2016 about a top in the dollar led him to believe that a republican was going to be in office
-From a commodity price inflation perspective (i.e. grains, key commodies) commodities are probably going to have a significant top in the September/October 2022 time frame, or in the cusp of Q3/Q4
-A high, however, doesn’t necessarily consist of one uninterrupted up-trend
-The middle half of June will most likely be the next peak; energy markets will set a peak in the next 10 days, and Eric expects prices to come down
-Precious metals are entering what should be their most advantageous period
-There are isolated commodities that could still see higher levels further down the line
-Discuss two major upside price objectives for natural gas
-Natural gas could go substantially higher before it finds its level
Useful Links:
Financial Survival Network
INSIIDE Track Trading
Summary:
The markets have no place to go but down, and in response, everyone is piling out. How low are the markets, and how low is low enough? Chris Vermeulen comes on the show to put this concept into perspective. The current panic and uncertainty within the markets cause people to move to currency, which is one of the most effective ways to protect capital in these conditions. Tune in for more insight about where the markets are headed, and strategies to consider for the conceivable future.
Highlights:
-It’s a bloodbath today across the markets, and we haven’t seen this panic since 2021
-The problem with panic is that everything goes down (i.e. commodities, precious metals)
-Even if people don’t want to sell their positions, they have to
-When people are nervous, they move to currency
-We could still continue to see a pretty big drop and more volatility; there is still a lot of downside
-Chris predicts that we’re entering a multi-year bear market in equities
-Protecting capital and moving to cash is one of the best things you can do
-As price goes down, liquidity goes down; gold is getting slaughtered and silver is down $1 today
-We’re seeing signs of even lower prices to come
-You can avoid the bear market by moving cash and can take advantage of some of these opportunities
-We’re coming into a time where big money is made on advances and declines
-The commodity super cycle could be in effect for the next 3-5 years
-Expect to see a couple of large hedge funds bite the dust
-No one should be holding assets that are falling, and it comes down to managing positions and risks
Useful Links:
Financial Survival Network
Technical Traders
In our latest report, we outline the main reasons why electricity prices will double in the next 18 months. We also explain how you can lessen or mitigate these affects by using the futures markets to cushion the blow and offset higher costs. Anyone can do it, whether you're buying options, futures or just resource stocks, like oil and gas producers. It's what the big companies have been doing for years. How come Southwest Airlines' profits never seem to get hit by higher jet fuel prices? Simple, it's because they buy their fuel in the forward market when they're trading cheaply. You can do the same. Always have a plan in place for when the government messes up, which they do all the time. www.FinancialSurvivalNetwork.com
Summary:
There are numerous negative trends surfacing in the economy, so I sit down with John Rubino to discuss some of the greater issues that need to be addressed, and have yet to be solved by the government. Some of the most pressing problems at the moment lie in energy; we are tight on resources and, as a result, other industries (such as agriculture) are suffering. In this episode we cover resources, public policy, and crises taking place around the country—all of which necessitate awareness and a plan for improvement.
Highlights:
-There are lots of interesting trends taking place
-Stocks are calmer now in terms of headlines, but there is a lot happening under the surface—especially in energy
-Natural gas is through the roof and went up almost 10% in one day
-We’re somewhat tight in energy
-The destruction of our food processing plants continues
-10% of what we ascribe to supply chain difficulties is actually normal
-The last shortage of anything was with oil in the 70s
-Biden is raising the amount of ethanol in attempts lower gasoline prices, but this takes corn off the market
-We use natgas for a lot more things than we used to
-Public policy doesn’t seem to be addressing today’s problems
-We discuss the need for change in law and order
-Big policy is corrupting great cities
-We need a program that addresses the mental health crisis in the country
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
Derek Bullen’s In Defence of Wealth emphasizes the implications of an economy without wealthy individuals. In the absence of kingdoms, becoming rich in America is a more equal opportunity game, yielding a new list of wealthiest people with every generation. Modern wealth extends beyond merely inheriting money, and greatly contributes to the functioning of the economy; truthfully, societies would not be the same without it. Tune in for more insight.
Highlights:
-‘Rich’ is a fleeting concept; 70% of the billionaires and 80% of the millionaires in America today made their money from scratch, within their own lifetime
-Every generation has a new list of wealthy people, or a new set. It is difficult to inherit this wealth
-Certain businesses that were promising for a long time still have the potential to fail (i.e. Blockbuster)
-In order to generate wealth, you have to create something that has a purpose and will not be easily surpassed/replaced
-Many people have left the energy sector
-We need to ask why we’re still buying oil products from countries that enact major human rights violations
-We’re using resources for fuel rather than food/agriculture
-Capitalism helps to bring people out of poverty; free trade allows for money to move more freely
Useful Links:
Financial Survival Network
Derek Bullen
In Defence of Wealth
We sat down with Fury Gold Mines’ Chairman Ivan Bebek and CEO Tim Clark for a sponsor update. Fresh from the recent C$11 million marquee investor financing and the Dolly Varden Silver transaction, they were both extremely positive about Fury’s future. Chair Bebek is redefining his role at Fury, leaving the board to become a strategic advisor, so he can devote his expertise to several other companies he helped found. CEO Clark has firmly taken control of the reigns and has big plans for the future.
While assay lab results are due in any day, the drills are about to start turning again. Four holes are planned for Eau Claire’s Eastern Extension and three to four holes for the Western Side Hinge. Additional holes will be drilled once more is learned about the sites’ geology. The Percival project, located 14 kilometers to the east, has also been targeted for drilling. Clark believes that there’s great promise here, which was missed by an earlier historic drill program.
But perhaps the most compelling case for Fury is its relative undervaluation when compared to its peers. Fury trades at just $29 per ounce in the ground, versus $72 per ounce for similar companies (according to Beacon Securities). At a $105 million market cap, comprised of $56 million in Dolly Varden shares and a large cash position, Fury’s enterprise value is a shockingly low $35 million, making it a true value play. CEO Clark bought shares in the spring and is looking to acquire more.
While being a resource investor the past 18 months has been painful, supply shocks are coming and that will be a major driver to the sector, which is why we patiently hold our shares.
www.FuryGoldMines.com
Ticker symbol NYSE American/TSX: Fury
Summary:
Is the Twitter acquisition by Elon Musk going to happen? Or is it a strategic effort to scare the government/media elite? Eddie Yoon comes on the show to talk about Musk and his agenda for Twitter—most likely fueled by the goal of creating a larger, unified network for Internet users. For a detailed discussion of Elon Musk, Twitter, Tesla, and how a powerful individual is greatly influencing the economic scene, be sure to tune in to this episode.
Highlights:
-Musk feels very strongly about protecting free speech, and sees Twitter as a great medium for freely expressing thought
-He believes that he can increase cash flow/profits and make Twitter more valuable
-He sees a world that is dramatically better when a big platform (such as Twitter) realizes its full potential
-Whether or not he has the means to elevate Twitter in this way is still in question
-A board position is glamorous when all is well, but it is a very serious and demanding position
-Musk is seeking to change Twitter’s advertising
-Twitter will most likely become a mega, unified platform
Useful Links:
Financial Survival Network
Eddie Would Grow
Eddie Yoon Twitter
Summary:
Inflation is alive, well, and prospering; how do we effectively engage with these economical conditions? Phil Streible comes on the show to talk about how we can invest in inflation with commodity prices. In order to accurately gauge where the markets are going, it’s crucial to observe which commodities were affected by the pandemic, and how they will either bounce back or further deteriorate as a result of inflation and supply/demand. Tune in for more expert insight.
Highlights:
-The inflationary spiral is coming upon us sooner rather than later
-By any measure, inflation is alive and prospering
-There is a way for you to invest in inflation, and this is through commodity prices
-Food and energy specifically hit consumers with the rise of inflation
-The last time natgas was this high, we were in entirely different conditions with the strike of a major hurricane
-The government may not encourage production, but will rather step out of the way so that things can get done
-We’re seeing huge production increases out of Canada
-Eventually politics will yield to reality
-Natural gas is far more important to the economy than it was back in the 70s with the oil embargo
-The inflation problem cannot be solved by raising rates; when it comes to food production and livestock, there are other factors that impact these things
-EVs are not an escape from power problems
-Copper is still trading 10-15% under all-time highs
-The takeaway on copper and oil is that the pandemic came with the all-time low of copper, and has not been the same. It’s important to look at what commodities were affected by the pandemic
-Demand will continue to increase and supply will decrease; mining costs are high
-The higher commodity prices go, the more pain they inflict on the consumer
Useful Links:
Financial Survival Network
Blue Line Futures
Summary:
Markets have been extremely volatile, and pressing questions about the future of the economy linger. Will inflation and negative GDP print decline? Furthermore, how will these factors affect you and your investments? Jim Welsh appears on this episode of FSN to inform us about what to expect in consideration of the role that the Fed will play over the next couple of months. We’re seeing increases in gas and oil, wage growth that does not mirror the progression of inflation, and depletion of supplies in the energy sector. Listen in for more insight on the mayhem of the markets, and scenarios for the foreseeable future.
Highlights:
-Jim was expecting a 10-15% pullback going into this year, accounting for trends in the S&P
-We’ve had the pullback from the highs, but the S&P needs to punch about 4200 to open the door for higher prices
-The Fed is at an interesting juncture that will play a role over the next few months
-Interest rate increases have adversely affected the economy, housing, etc.
-Consumers still have over $2 trillion worth of savings, but the bottom 20% of wage earners spend 70-75% of their disposable income
-The squeeze is already intense, and this is going to continue
-Wage growth (about 5-6%) is not parallel with inflation
-The Fed is trying to prevent the markets from getting ahead of them, which contributes to their decision making
-The increase in gas and oil in May will contribute a lot to inflation
-As they raise rates more, the economy will show signs of slowing in the next few months
-The Fed has started to shrink its balance sheet, which has not been paid attention to closely
-Jim thinks we may be on the cusp of a 15-20 year bear market; a lot of issues that have been building up with the US economy will most likely come to a head
-Is inflation down-ticking enough to give people on the Federal Reserve confidence that inflation is going to trend downwards?
-Gold needs to hold recent lows to make another run above 1900s
-When volatility increases, the relation between sectors moves upwards towards 1
-We need to see a break in oil, and subsequently, in gasoline prices
-We should be focusing on the price of natural gas rather than oil
-We’re depleting supplies that, in the past, would have gone to other domestic needs
-There is a floor underneath Natgas prices
Useful Links:
Financial Survival Network
Macro Tides
Summary:
With many losses in the stock market over the last few months, many investors are in search of alternatives for cash flow. Fred Moskowitz comes on the show to talk about alternative investing methods, focusing on note investing—an oftentimes overlooked asset within the real estate market. Fred shares his expert insight on how to get into this realm of investing, some of its benefits, and pointers for when/how to buy notes. Be sure to tune in to this episode for an insider perspective of this alternative to the stock market, and you can use the link below to purchase Moskowitz’s The Little Green Book of Note Investing if you want to learn more.
Highlights:
-There have been losses in the stock market over the last few months, and many investors are looking for alternatives
-For a fleeing stock market investor, there are a number of alternative investing methods
-It’s important to own assets that generate income for you, such as rental real estate. The government has incentives in place for owning these
-Owning mortgage notes is also a worthy venture; it gives a steady income component. They get bought and sold on the secondary market every day
-Owning a mortgage on a rental property gives a lot of downside protection. Another positive aspect is that you get paid while you wait
-Buying/starting a business allows you to be directly involved with the asset
-Buying properties based on future cash flow can be risky in an inflated market
-It’s beneficial to buy real estate if an opportunity appears with a cash flow that can cover your expenses
-If you buy real estate that is generating cash flow today and the property is covering itself, then it’s a safe option
-When it’s not ideal to buy, it’s good to educate yourself on real estate and take time to accrue knowledge
-Mortgage notes can be found by working with real estate investment groups and seeking out note investors
-Notes can also be acquired through creating contacts and networking within real estate
-Educating yourself before buying anything is also crucial
-Notes are traditionally sold for a discount
-Supply and demand impacts the pricing of notes, and some states have more demand for notes
-You can buy a portion of a note rather than the note in its entirety (i.e. buying a $10k slice of a note). This is helpful for getting started in note investing
-Fred’s book, The Little Green Book of Note Investing, gives an overview of note investing and provides tips, logistics, and how-to’s in this sector
Useful Links:
Financial Survival Network
Fred Moskowitz
The Little Green Book of Note Investing
Summary:
We are seeing shortages, double digit inflation, and disruptions to the supply chain like never before. How can we get through these times without destroying our businesses in the process? Here to speak about this is Carl Gould, and we discuss the transition that businesses must make in light of the turn from globalization to regionalization. It’s important to consider alternate sources for obtaining supplies, and to have them readily available for unexpected circumstances. Tune in for more useful strategies.
Highlights:
-If you go back to 2008, the seeds were planted for the de-globalization of our supply chain
-You can’t rely on the supply chain the way you once did, and you can’t let it strangle you
-Globalization is going to turn into regionalization
-Businesses need to diversify where they get things from, which is called ‘near-shoring’
-It’s useful to get supplies from other countries that are nearby
-The concept of repurposing/reusing items is going to become more prevalent
-Instead of having 1 or 2 vendors, you should have 3-5 vendors
-In real estate, place an offer on something immediately
Useful Links:
Financial Survival Network
Carl Gould
Carl 360
Summary:
I sit down and chat with Kyle Floyd, CEO and Chairman of Vox Royalty to evaluate the precious metals and what’s to come. The mining stock sector is trading at all time lows, fueled by metals prices and inflation. Nonetheless, Kyle is optimistic about the future of the markets, and tells us why we should be as well. Tune in for more insight.
Highlights:
-The price of gold is pinned near the 1850s, but the mining stock sector is trading at all time lows
-There is a lot of volatility in the markets, and it feels a lot like 2008
-A lot of factors that drove metals prices around 2009-2011 are still relevant today
-Kyle is excited about what’s coming in the markets
-Mining stocks have been hit because metals prices haven’t skyrocketed and inflationary pressures have been very impactful to mining companies
-We’ve been in a bear market, which doesn’t last as long as a bull market
-A market like this allows us to find better value on better projects
Useful Links:
Financial Survival Network
Vox Royalty
Summary:
I have Matthew Murawski on the show to break down what’s happening in the markets. In these circumstances, it’s crucial to zoom out and consider how they will play out in the long term. This is directly applicable to stocks such as Tesla, and inflation has an immense effect on many of these stocks. Tune in for more expert insight on what’s to come, and tips on how to strategically invest in the meantime.
Highlights:
-Markets are up a bit today; volatility is the word, but ultimately, they are down overall. How does this affect future planning? Matthew Murawski and I discuss his philosophy of investing
-He has a wide variety of clients (large age range)
-In a market like this, it’s all about zooming out. You have to look at stocks with a long term perspective
-High valuation stocks are down, which creates a lot of carnage for the markets
-The risk-reward for companies like Tesla is on the downside with rates going up
-There are double digit gains in imports/exports
-Once wages go up, they don’t really come back down. Inflation is here to stay for quite a while
-Volatility is an investor’s best friend; we will always have problems, but you have to have hope in a future
Useful Links:
Financial Survival Network
Goodstein Wealth Management
Summary:
Is there good money and bad money? How do you get rid of the bad stuff and keep the good stuff? National bestselling writer Derrick Kinney comes on the show to talk about this. He wrote Good Money Message to help spread this philosophy to those who are seeking to make and use their money with their ethics and values in mind. Tune in for more insight, and use the link below to download the first five chapters of Good Money Revolution for free.
Highlights:
-Good money in the hands of good people gets good work done; just because bad people use their money in negative ways, this doesn’t mean that good people can’t use it positively
-Good money is money that has intentionality to it
-Think of money as a tool for positive change
-Make sure that your wealth aligns with your values
-Good money can become bad
-Using good money for bad can be disillusioning
-We need a new mindset to think differently about our money
Useful Links:
Financial Survival Network
First Five Chapters of 'Good Money Revolution'
Good Money Framework
Summary:
With increasing energy prices and the prospect of a recession, Brandon Cobb comes on the show to tell about what our options are when it comes to investing. It seems that real estate is an incredibly viable option in the current circumstances; as living standards fluctuate with the economy, the need to live ultimately never goes away. Tune in to hear more about what areas of real estate are the most promising, and how you can intelligently allocate your investments.
Highlights:
-The higher the energy prices go, the more likely a recession is to occur
-Real estate is going to fare better than other asset classes
-History doesn’t repeat itself, but it does rhyme
-The need to live doesn’t ever go away—we just transition into more affordable living arrangements. Lower cost homes are going to do well
-High price/custom homes are going to take a hit
-Historically, storage has done really well
-Assisted living facilities are positioned for great need in the real estate industry
-A lot of people have been moving to Tennessee due to low income taxes
-If interest rates go up, you must consider if your target audience can still afford to buy your product. That’s why Brandon’s team is staying away from the higher priced homes, and building more affordable homes
-Interest rates and inflation are working against each other
-Real estate is a safe haven for inflation
-Brandon predicts that we’re going to have a lot of volatility; it’s best to be where the greatest demand is right now
Useful Links:
Financial Survival Network
HBG Capital
Summary:
How much longer is CPI inflation going to be in effect, and are there any solutions in sight? I sit down and chat with Drew Pelton, who brings us up to speed with the latest news regarding inflation, emphasizing that it is not transitory and is highly unpredictable at the moment. We haven’t felt the rue effects of CPI inflation yet, and the Fed continuing to raise rates isn’t contributing our awareness of the situation. Tune in for more insight.
Highlights:
-If you’ve gone to the store recently, you are acutely aware of CPI inflation—or loss of purchasing power of your currency
-How much longer is this going to go on?
-There’s no hope in the short term (over the next few months to half a year)
-Inflation is not transitory, and it’s hard to predict what’s going to happen/when
-We haven’t felt the true effects of CPI inflation yet
-The Fed raising rates has impacted the market and demonstrated their inability to control things
-Electric cars are good options at the moment, but sometimes lack utility in areas where charging options are limited
-Spiking energy usage differs based on location/season
-Electric demand (prior to electric cars) goes up 2% a year, and as much as 4% during more intense years
-The country is starting to wake up—there has been craziness with the new administration
Useful Links:
Financial Survival Network
Drew Pelton
Summary:
As energy costs continue to skyrocket, we wonder if we can get out of the box we’ve put ourselves in and create a positive vision for the future. I have Matthew Iak on the show to discuss this energy phenomenon, and what’s in store. We need to use our resources to create efficiency, and make decisions that will eventually allow the US to be the biggest producer of oil and gas in the world. Tune in for more information.
Highlights:
-Energy costs are high because of supply and demand
-The question is if we can get out of the box we’re in, and it will ultimately take political will
-Diesel fuel is $6/gallon
-Many politicians know that it is a path to nowhere, but it gets them elected
-Bad policy has led us here, but good policy can lead us out
-Global technology has helped with energy efficiency, and the future is hydrocarbons along with renewables
-We need to use our resources to create efficiency
-The US should be the biggest producer of oil and gas in the world
-With climate change, we continue not to do the things that we should do
-We need to realize that oil and gas are one of the most usable resources we’ll have in our lifetime
-High prices kill the lower end of the socioeconomic ladder; it’s time to move forward in a positive direction
Useful Links:
Financial Survival Network
US Energy Development Corporation
Summary:
Real estate rates are going up and sales are going down—is this opportunistic or problematic for making money in this market? I have Farrah Ali, author of Diaries of a Female Real Estate Investor, on the show to discuss this topic. She reassures us about the real estate industry at this point in time, emphasizing that there is always money to be made whether the markets are moving up or down. Tune in for tips on how to maximize cash flow in the current state of the market, and to learn about helpful resources for getting started in real estate
Highlights:
-Farrah owns 41 rentals locked in at 30 year fixed rates; her cash flow is not being affected, but moving forward, increasing interest rates make payments higher
-Rents are also increasing
-She is currently working on Airbnb models—you can take advantage of the area and property type
-There’s always money to be made whether the market is moving up or down
-Her book, Diaries of a Female Real Estate Investor, was named one of the top 100 real estate books
-It is a motivational and informational piece for anyone that wants to get started in real estate—giving tips on how to scale up, where to get the money, etc.
-You have to believe in yourself and persevere; there are going to be roadblocks, but it’s important not to immediately give up
-It’s also critical to have a good mentor, who has encountered success in the industry many times
Useful Links:
Financial Survival Network
Diaries of a Female Real Estate Investor
Farrah Ali
Summary:
Have you ever wondered if you can run your own water system out of your home? Riggs Eckleberry comes on the show to talk about the plausibility of this, and how companies like OriginClear offer a decentralized approach to utilities such as water. It is clean, cost effective, and safe, and you can learn more about this water filtration and sewage option by tuning in to this episode.
Highlights:
-There is a water problem in the country (and in throughout the world) and proper steps have not been taken to maintain water quality
-Piping water to septic tanks costs a lot of money
-Riggs’ is innovating the water system so that homeowners can have their own treatment system, decentralizing utilities
-More communities are build built in secondary cities, which may not have sewage facilities/access. This places are extremely ideal for Riggs’ self-operated system
-The systems range from $2k-$8k
Useful Links:
Financial Survival Network
OriginClear
Highlights:
-The real estate industry is moving past; people can’t take their time anymore with buying/selling
-It’s not a market for the weak
-It’s good to consider downsizing to be sure you can afford what’s on the market; be reasonable in your expectations and assessing your current needs
-It’s also critical to have a cushion of money for incidents that can occur with homes (i.e. roofing)
Useful Links:
Financial Survival Network
DLB Mortgage Services
Summary:
Guy Baker comes on the show to discuss the progression of the markets, and how to decide what to do next in the current economical circumstances. Since the market is lacking stability at the moment, it’s best to wait for it to stabilize before jumping in; if you are already in it, however, then it’s best to stay the course. No one can time the markets with exact precision, and there are a number of factors that spontaneously affect businesses and stocks at any given time. Tune in for our in depth discussion about some of these things.
Highlights:
-How do you decide whether to stay or go when navigating the markets?
-Markets go up and down; if you look at the history of the markets, you can identify these ups and downs. You must ask yourself whether the return on the market has been 10% throughout history, and if it is going to stay this way
-If you’re in the market, stay in the market. But if you’re out of it right now, it may be best to wait for more stability before re-entering
-There is no evidence that anyone can time the market effectively year in and year out—most people that encounter success in the markets just get lucky
-ETFs don’t have the gains/losses or fees that mutual funds have
-Picking stocks is like a gamble
-You’re better off investing in a largely diversified portfolio with low fees
-Stocks are based on projected income; the important consideration becomes income and appreciation
-Three basic currents in the market
-The markets are a willing buyer and seller that are happy
-Many emotional factors dictate what happens in trading
-Markets perform based on expected historical return
-There isn’t much stability or support behind crypto
-There’s the industrial bubble, the technological bubble, and the government bubble
-Inflation is necessary in a growing, vibrant economy
Useful Links:
Financial Survival Network
Wealth Teams
Summary:
Markets have been unstable for the last couple of months; is it going to improve or get worse, and can you still profit from the market? David Jaffee comes on the show to dive into this probing topic, and we discuss some of the most profitable methods for investing at the current moment. Ultimately, it’s crucial to be defensive in managing stocks at this point in time. Tune in for useful knowledge and tips from David.
Highlights:
-We can take advantage of some stocks that are down, and now is the time to be defensive
-For those who have been disciplined, it’s worthwhile to rotate to more defensive minded stocks
-It’s important to consider the alternative asset classes that are going to appreciate
-You don’t necessarily have to by shares; you can sell puts
-Tesla is great when the market is in a bull trend
-The overall new car market has been declining
-It’s better to rotate into companies that are more defensive in nature
-We talk about some of the crucial transformational acquisitions (i.e. Google purchasing YouTube)
-Every business has to cut costs consistently, and now, tools are going to emerge even faster
Highlights:
Financial Survival Network
Best Stock Strategy
BestStockStrategy YouTube
Summary:
The price of gold has been resilient considering what’s happening in the markets, and the mining sector has been thrown out with the growth stocks. Will the mining stocks start making money any time soon? I sit down and chat with Gwen Preston, known as the ‘Resource Maven,’ and she explains how investing methods have largely shifted as a result of the pandemic. With the prevalence of big tech stocks and the impact on the US dollar, the metals have taken a hit. Is there a light at the end of the tunnel? Tune in to find out.
Highlights:
-Gold has done well considering the impact on the US dollar
-Gold is getting a safe haven bid
-From the pandemic to the end of 2021, gold got good bids
-A billion dollars flowed out of mining stocks; the broad markets were still doing what they’ve done
-Big tech stocks performed well during the pandemic due to people staying at home and relying more on technology
-Have cryptocurrencies messed up people’s attention spans and caused a lack of future planning with investing? It seems that the cycle is out of touch with conventional/current investor expectations and timing
-Some people who haven’t had to learn the bad lessons (such as those back in 2009) may learn their first one now
-Finance has been reduced down to apps
Useful Links:
Financial Survival Network
Resource Maven
Tier One Silver’s CEO Peter Dembicki and SVP of Exploration Christian Rios sat down with us for a sponsor update. The excitement was palpable as Peter explained that the company had entered into a community agreement which will allow for exploration of the Ñañohuayco, San Cipriano and Morro Culispata copper-nickel-platinum-palladium-silver prospects. This clears the way Tier One to start surface work and drilling (once the permit is issued).
The excitement is clearly warranted. In 2009 an initial 10 hole 1,061 meter drill program by the previous operator intersected 14 m of 2.59% copper, 0.62% nickel, 311 g/t cobalt, 0.3 g/t platinum and 0.55 g/t palladium, making this is a high priority target.
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SVP Rios is anxious to get exploration started. Previously, he was involved in the world-class discovery of the Santa Ana and Corani silver-lead-zinc deposits. His decades of Peruvian experience combined with his extensive exploration, mining development and operations background make him a vital part of the team. He observes that, “[Just] 1000 meters has been drilled. We need to continue this. There’s an area which has values up to 44% copper [emphasis added].”
There’s no telling how rich and productive Hurricane will become. Peter and Christian are moving ahead quickly; drilling will start shortly and results will then follow. Which is why we’re long-term holders of Tier One shares.
www.TierOneSilver.com
Ticker Symbols – OCTQB: TSLVF and TSX-V: TSLV
Summary:
Eddy Gifford is a certified financial planner that learned the discipline and necessity of work ethic back in his years as a university athlete, and incorporates these principles into his team’s investing strategies over at Tactive. Utilizing their knowledge of the digital markets and cryptocurrency, Tactive applies these strategies within traditional portfolios. Their primary demographic is small business owners, and Eddy explains a few of the angles proposed by Tactive to stay vigilant as the markets shift. Tune in for more insight.
Highlights:
-Eddy has a specialty in cryptocurrencies as well as conventional investments
-The technicals aren’t behaving like they used to; markets are moving five to ten times faster
-When buying, they’re hedging or putting some sort of stop in place
-We’re in an increasing interest rate environment, which means the bond portfolio could fall at the same time
-Bitcoin is trading around the 30k range and doesn’t look the strongest
-They apply cryptocurrency strategies to traditional portfolios
-Volatility stays high as long as the slope of inflation remains relatively flat
-The mortgage payment has doubled
-Times are different, and what worked ten or fifteen years ago won’t necessarily work now. It’s important to look at assets from a number of angles; Eddy describes a few
-Eddy’s average client is 49-52 years of age, and a large portion of the demographic encompasses business owners that understand volatility and save aggressively
Useful Links:
Financial Survival Network
Tactive
Eddy Gifford Scheduling Page
Summary:
I sit down and chat with James West, who is currently writing about some of the effects on the price of gold—effects which all tie to the inflation our economy is undergoing. This is not a natural phenomenon by any means, and is ultimately tied to the decision to print more money as a method of quantitative easing. Tune in for more valuable insights.
Highlights:
-In Washington State, they’re running out of gas and expecting it to hit $10/gallon
-All commodities are going to face scarcities and shortages
-James West is writing an article oriented towards the price of gold
-It’s important to understand that the inflation we’re seeing right now is not occurring by natural means
-The main reason for stimulus is to generate fees and profits; it is for quantitative easing
-A good tip is to free yourself from bank oriented debt
-Futures have become a price leading mechanism; perceptions of the values of commodities are based on this
Useful Links:
Financial Survival Network
Midas Letter
Summary:
Highly reputable author, attorney, speaker, and activist, Ellen Brown, joins us on this episode to touch on her solution to banking in the age of the Internet (described more in depth in her latest book linked below) which entails democratizing money and enabling the people in a digitized economy. Public information is extremely crucial to this solution in avoidance of a central bank currency where individuals’ money could be cut off at any time. Brown proposes ideas designated to rescue the future of economics amidst the prevalence of technology, so be sure to tune in to this episode for more valuable information.
Highlights:
-The great reset is on the way. The real question is: whose reset will line up with ours?
-The idea is that we’ll be part of a central bank currency where each person’s money can be cut off at any point
-The goal with Hamilton was productivity, development, and infrastructure. A current US bill wants to also use bonds for funding
-Public information is necessary, especially when it comes to economics
Useful Links:
Financial Survival Network
The Web of Debt Blog
Banking on the People: Democratizing Money in the Digital Age
Summary:
Are markets returning back to normal, or are we in the eye of the storm? I sit down and chat with John Rubino about some of the latest happenings in the economy—some pointing to stability, and some alluding to the chaos to ensue. We discuss stablecoins, gas prices, and the most recent shifts in global currencies that present numerous potential outcomes for the markets. Tune in for more expert knowledge.
Highlights:
-NFTs don’t make a lot of sense from an investing standpoint
-Stablecoins are versions of Bitcoin; they are an asset that trade on the blockchain, but they represent something else; they were a vehicle for moving money all over the world
-One stablecoin blew up that was set up to maintain the value of the stablecoin at one dollar. A lot of Bitcoin was purchased to back it, but then it tanked
-The ‘everything bubble’ may be bursting; peripheral assets are behaving badly
-Think about what you own and how you can invest it; consider your gold and silver as money
-Gas prices hit record highs this week all over the country
-Taking out a mortgage to bet against the dollar is risky
-There is a big diesel shortage in the US; we don’t have enough diesel processing power, and can’t build new plants
-There is a lot more demand for Roubles in the global market, which is strengthening its exchange rate
-We will see energy prices spiking and interest rates being raised in Europe
Useful Links:
Financial Survival Network
Dollar Collapse
Highlights:
-It’s important to stay calm; the market is volatile and there’s a lot going on, but in the long term, the markets look positive
-Stocks in the S&P 500 should be doing well
-Blue chip stocks, Apple, and Intel look like they could go higher
-the Fed will keep tightening for the foreseeable future
-Do you buy the stocks that have held up, or the ones that have gotten beaten up and have potential?
-Some stocks have been punished but are great buys, and some that haven’t been beat up can quickly change
Useful Links:
Financial Survival Network
Synergy Advisory
Highlights:
-Michael Pento comes on the show to give us some insight regarding the Fed’s next move
-Everyone who was confident in January is now calling a bottom
-The market is going to bottom when the Fed changes their mind and stops trying to fight inflation
-Failure is getting rewarded rather than punished
-The Fed is still on course to hike interest rates 50 points in June and July
-Any high beta stock is going to suffer
-The decrease of growth creates a bad environment to own stocks that have little revenue
-Michael Pento is not ruling out the fact that Q2 could be negative
Useful Links:
Financial Survival Network
Pento Portfolio Strategies
Highlights:
-The past few days on Wall Street have been brutal, but this has been in store for months
-There are disruptions to the supply chain and lower standards of living in many countries
-His new book, The Money Revolution, took him 4 years to finish; he re-wrote certain chapters and added other ones in the process of seeing how things panned out
-The book talks about the history of money, the history of credit, and the lessons we can learn from these histories to make policy recommendations
-With creditism, the growth dynamic in our economy is based on credit creation; it must have credit growth to survive
-We discuss “the future” and why a large-scale Investment Program is urgently required
-Every generation is responsible for solving the problems it creates/inherits
Useful Links:
Financial Survival Network
Richard Duncan
Lawrence Lepard believes that at the base layer the monetary system we have is, is probably the largest single causation of the difficulties that we're facing as a society. And it's really getting obvious and clear right now, as we're seeing these markets blow up, you know, the bond market blow up the stock market, blow up the third bubble in 26 years.
Now we have housing. Now we've got the sovereign credit, everything bubble and it's blowing up and the reason it's blowing up as you can't taper a Ponzi and you know, the fed has created a Ponzi scheme with their paper. And they got to either keep printing, in which case it's going to become more worthless or they got to try and stop printing. Good luck on that.
Lawrence shares much more wisdom in this interview and is a favored guest.
www.FinancialSurvivalNetwork.com
Highlights:
-Gold prices and stock prices are down
-Silver prices are decreasing as well
-We’re seeing the start of a potential significant bear market in stocks
-We’re setting up for a bounce in the S&P
-This could also be a 20-25% decline, pushing the recession out if the Fed reverses policy and congress decides to spend money again
-Silver has broken down, but has strong support
-Everything is oversold
-You can wait on silver/gold exploration stocks to see gold rise again
Useful Links:
Financial Survival Network
The Daily Gold
Highlights:
-Markets have been on a rollercoaster ride downward
-Inflation is not slowing down
-Natgas threatens to get worse; inflationary pressures are concentrated in energy prices, but they’re easing a bit
-What’s happening in the markets is an unfolding disaster—especially in the housing market
-Interest rates are going up in mortgages
-There is a housing shortage in the US, and Octavio wouldn’t be surprised to see prices come down 25-35%
Useful Links:
Financial Survival Network
Opimas
Summary:
I sit down and chat with Dr. Rufus Ranking, Tactical asset allocation expert, to discuss what you can do in consideration of the turmoil the markets have been facing over the last few weeks. This method is a variation on strategic allocation, but is a lot more adapted. Exposure is reduced as assets become more volatile, which increases chances for success. Tune in for more insight.
Highlights:
-There’s been dramatic market turmoil in the last few weeks. What could you have done in anticipation of this, and what can you do now?
-Tactical asset allocation is a variation on strategic allocation, but we’re more frequently updating our estimates on what the world looks like
-It’s a lot more adapted; most of these approaches reduce exposure to assets as they become more volatile and go into negative territory
-Most TAA approaches focus more on price/price-related data
-Focus on price levels, recent returns, volatility, etc.
-You get most of the upside and a lot less of the downside, and get the main trend right most of the time
-When things are risky, you can reduce your exposure
-Basic approach is to look at volatility in basic assets
-Most TAA approaches use relative strength and time series momentum
-Rufus has been applying these strategies for close to 20 years
Useful Links:
Financial Survival Network
Sidepocket
Highlights:
-We’re seeing financial ignorance in the country; financial illiteracy is dominant in the US
-Vince Shorb aims to increase financial literacy and combat financial ignorance
-A large obstacle within this pursuit is the educational system
-Financial habits form early; some studies point to them forming around age 7-9
-Part of financial literacy is career planning; this especially helps when people reach the university level
-Taking advanced placement courses in high school and enrolling in a community college during the summers decreases the financial burden faced after graduating from a university
-A lot of people don’t have access to a financial advisor
Useful Links:
Financial Survival Network
Financial Educators Council
Highlights:
-Markets continue to implode; the resource sector is getting completely slammed
-Is it time to liquidate your mining stocks, or should you be buying more?
-We’re seeing one of the big wealth transfers of our generation
-This is the real shake-up that needs to happen
-There is a drastic change in decision making across the western world that is going to trickle down into the entire commodities sector
-It’s really expensive to find/develop a nickel mine; it’s not the same as gold
-When the dust settles and capital is pulled out of the tech sector, a lot of it will probably go to gold
Useful Links:
Financial Survival Network
Resource Insider
Options expert joins for a discussion of the latest market turmoil. Markets have peaked and now it's a question of how far they have to drop or perhaps when they'll stop going down. We're at an inflection point. At some point there will be a relief rally. Where we go from there is the question.
Summary:
How do you avoid sudden declines when volatility is increasing in the markets? I have Brent Kochuba on the show to talk about this, and his expertise with navigating options strategies is helpful in determining how to go about trading at this particular time. Tune in for tips on analyzing the markets and for predictions on what’s to come.
Highlights:
-Amazon lost 14% of its share value
-How do you avoid sudden declines amidst the increase in volatility in the markets?
-Brent Kochuba navigates options strategies
-Anytime people get nervous in the markets, they buy put options
-They look at people trading put options to predict volatility
-Now, individual stocks are getting hit hard
-Tesla took a hit
-One of the big worries of the market right now is how many times the Fed will raise rates; a lot of tech stocks are getting beat up
-With stagflation, the economy starts slowing down, unemployment rates go up, and there is high inflation
Useful Links:
Financial Survival Network
Spot Gamma
Summary:
Ken Van Liew and I sit down to discuss how interest rate increases affect the real estate market amongst other sectors that are greatly influenced by these changes. Even though this occurrence is unideal in many areas of our lives, opportunity for investing at this moment is still very strong and demands to be taken advantage of. Tune in for more insight.
Highlights:
-How do interest rate increases affect the real estate market?
-Real estate will most likely stay consistent and raise in value despite the circumstances
-With the change in the commercial work environment, people may be changing their housing strategies
-Lots of people are migrating around the United States
-Interest rates don’t make as much of an impact on real estate professionals selling in more popular areas
-Hotels have not gone up nearly as much as Airbnb prices
-Even though rates are going up, opportunities to make money have never been greater; it’s important to maintain a positive mindset
Useful Links:
Financial Survival Network
Ken Van Liew
Summary:
I invite Wolf Richter to join us for this episode, and he gives a complete run-down on the housing market—which is up 20-30%, and subject to fluctuate even more due to interest rates. We’re seeing that the current inclination (from the perspective of the courts) is to not foreclose on a property. In consideration of how prices have changed the housing market, a relatively small number of mortgages are affected by the price increase. Tune in for more expert knowledge on what to expect in this sector.
Highlights:
-Housing prices are up 20-30%; will interest rates destroy the housing market?
-When you look at prices, it’s always a look back—it doesn’t mean that they will stay the same way
-Mortgage applications for purchases are down 17% from a year ago
-There’s going to eventually be fewer potential buyers
-The inclination now is to not foreclose on a property; people get away with this by selling their property for a higher price
-A relatively small number of mortgages are affected by the price increase
-Rents are a much more liquid measure—especially asking rents
Useful Links:
Financial Survival Network
Wolf Street
Stagflation is here: GDP is shrinking while prices continue to rise. Fed has no choice but to keep raising rates and stocks are responding normally to this, by tanking (Friday was brutal). The FAANG stocks in particular have stopped propping up the market. They led the market up and now they’re leading it down. The sign of a true leader. Housing affordability is at the worst level ever. Higher rates and higher prices must cause the housing market to slow down. The recession is already here. The understating of the inflation rate has hidden real negative GDP growth over the past 2-3 quarters. US government responds to Musk buying Twitter by launching a Ministry of Truth -- housed in Homeland Security and run by a cartoon villain. Russia/Ukraine war is settling into a quagmire AND getting even more dangerous as Nato sends more weapons. This is clearly a Nato operation to weaken Russia. But it might backfire on the dollar.
Highlights:
-Markets are getting slammed again; what should we do in terms of alternative investing right now?
-Stefan got into alternative investing through website investing
-You can buy cash flowing websites for 3-5x annual profit
-Music rights are a great alternative investment class; streaming is incredibly consistent
-Under IRS rules, you can use cost recovery and get cash flow from day one
-flippa.com is a good place to start for buying/selling websites Useful Links:
Financial Survival Network
Alts
Summary:
I sit down with Rick Rule to discuss metals prices, the issue of permitting, and the National Defense Authorization Act—all of which are throwing the economy/nation for a loop. We kick off by discussing Elon Musk and the Biden administration, and talk about what we can expect in the near future, and recap what’s been happening in the precious metals sector. Tune in for more insight.
Highlights
-What can we learn from Elon Musk? Rick admires his public utterances
-A proliferation of platforms owned by people with different points of view is the greatest freedom of speech we will ever have—giving value to Twitter
-Musk understands the latent values of social media that has the ability to monetize things
-Just because you have subsidies, doesn’t mean you’re going to be successful
-The Biden administration recently invoked the National Defense Authorization Act
-The Biden administration is concerned about the security of their material wealth
Useful Links:
Financial Survival Network
Rule Investment Media
Highlights:
-Markets have been going crazy—how do you make money when there’s blood in the streets?
-They’ve been buying inverse ETFs
-As the markets have been going down, they’ve been purchasing SPXUs
-They’re taking a hit today because markets are rising; the DOW and NASDAQ are up
-How do you know when to exit? It’s hard to know which factor is going to be the one that brings everything down
-China is singlehandedly locking up the supply chain again, which will cause a global slow-down
-We are already seeing the rationing of things like electricity in some places
Useful Links:
Financial Survival Network
Carnivore Trading
Highlights:
-You would think real estate prices are going up, but supply and demand are not in equilibrium
-The New York market is seeing low inventory, and lower offers than they were six months ago
-Mortgage rates will be a large factor in determining purchase prices
-Judges are less likely to sign foreclosure orders right now, so investors are trying to be cautious
-Rental income drives real estate
Useful Links:
Financial Survival Network
Andrew Ragusa Instagram
Real Estate Market Investors
Highlights:
-Gold, Bitcoin, and the markets have gotten hit
-The break above $6.49/46 in natural gas took the market out of a range it had been in since 2008
-The energies are all bullish, but heat has been leading the move-up recently
-Ask questions about the funds that you’re in to assess if your equity is at risk
-Gold was in a big consolidation phase from August 2020-February 2022, but we are no longer in this consolidation
Useful Links:
Financial Survival Network
Moor Analytics
We sat down with Trillion Energy’s CEO Arthur Halleran for a long-awaited sponsor update. Trillion’s Black Sea drill program has been funded via a recent oversubscribed C$18mm placement. The drill rig is on order and all necessary equipment and materials are paid for. Art anticipates spudding of the first well in July and he’s to have 17 producing wells in place. There’s also upside exploration potential as well, but Trillion is focusing on the proven reserves and production first.
Some dilution resulted from the required financing. However, unlike most such stories, the increased shares have been more than offset by the $18 (per thousand cubic feet) price they're getting, nearly triple last year's price. With recent geopolitical issues, there’s little chance that Natgas’s price will decline in the foreseeable future. Thus, the potential payoff to shareholders is substantial.
We also covered the company’s Bulgarian project. Art estimates there's 1 trillion cubic feet in this coal bed methane project. Bulgaria's Natgas price stands at a record high $27. The drilling technology to capture this gas is available and Art knows how to get it done.
The past pandemic year has been a difficult one for Trillion. Financing became difficult to finalize, but Art never lost faith. Now the road ahead is looking better than ever, which is why this company remains our largest holding. www.TrillionEnergy.com Ticker Symbols OTC: TRLEF — CSE: TCF
Highlights:
-Markets and the precious metals sector are taking quite a hit; what is in store?
-Several months ago, the markets were looking good, but then we had a failed rally
-Silver is showing weakness after showing relative strength for a couple months
-We’re probably going to get a bounce in Gold around 1950/1920
-The Dollar is a safe haven currency for a reason
-Whenever there is chaos in the market, it hits the metals and mining stocks
-8.5% drastically understates the real rate of inflation
-Export driven economies crumble when inflation goes up extremely
-The Keynesian model is collapsing
-The Internet hyper-charged global growth
Useful Links:
Financial Survival Network
Junior Miner Junky
Highlights:
-The markets are trying to find their footing, but the dollar is going up
-the market has moved into a complex structure—4300 region is our main resistance point
-We will probably not see a bare market—at least not for a while
-Silver may not see a major move until the end of 2022/2023
-Oil prices have come back down under 100; Gilburt is looking for a minimum rally to 90 in the next few months
-The economy and the market are separate
Useful Links:
Financial Survival Network
Elliott Wave Trader
Summary:
The investment landscape has changed and inflation has greatly influenced this. Additionally, many people are wondering about next steps regarding their retirement accounts, 401ks, and IRAs, and John Paul Ruiz comes on the show to talk about some of the benefits of self-directed IRAs. One of the most enticing features of self-directed IRAs is the fact that investors have the opportunity to invest in whatever they want within their IRA, and even certain precious metals are permitted to be held under it. Tune in for more information.
Highlights:
-Everything is uncertain these days; the investment landscape has changed and inflation has become a huge factor
-A lot of people have large retirement accounts, 401ks, and IRAs and are confused about next steps
-Alternative investments are becoming more popular, and people are wondering what else to invest in when it comes to retirement plans
-People have used their IRA to buy income producing property
-“Self-Directed” is just a marketing term. What makes it different is that self-directed administrators do not aim to sell particular investments, but allow investors to invest in whatever they want within their IRA
-IRAs are beneficial because your investments can grow tax deferred, and sometimes tax free
-Certain types of precious metals have also been permitted to be held under IRA
Useful Links:
Financial Survival Network
The Entrust Group
Summary:
I sit down and chat with Blake Templeton to discuss ways that you can become successful in your investing—especially within the realm crypto—even if you are just getting started. Templeton went from being a broke college dropout to running two hedge funds, and encourages listeners to take a time out and think about their future; by developing a strategy and analyzing real, raw numbers, you can eventually find yourself with a solid portfolio and profitable investments. Tune in for more insight
Highlights:
-How do you go from being a college dropout to running two hedge funds? Blake Templeton comes on the show to tell us the story of how he did this
-It’s more important than ever now to take a time out and think about your future
-Inflation is probably closer to 15% at the moment
-25% of S&P companies cannot pay their debt
-If you’re getting started, it’s best to look at real, raw numbers
-Volatile times mean that you have to have extreme measures of change to benefit your investments
-The blockchain makes processes more accurate; you can see what’s happening
Useful Links:
Financial Survival Network
Boron Capital
Text ‘Invest’ to 877-771-0615
Ivan Bebek Co-Founder, President, Chief Executive Officer of Coppernico Metals, formerly known as Sombrero Resources, was on to bring you the latest sponsor update. (We own shares). First off, Ivan explained the recent name change. Coppernico plays off the words copper and nickel and the legendary mathematician/astronomer Copernicus, who discovered that the planets revolve around the sun. It’s all part of his plan to make legendary discoveries of copper and nickel.
There have been a number of recent personnel changes, which will prove crucial to Coppernico's future. Marie-Hélène Turgeon is now a director and ESG advisor. She has 20+ years of environment management and compliance, working with Latin American mining concerns. She will help the company finalize its community agreements. Tim Kinglesy comes on as VP of Exploration. He has 18+ years of precious and base metal exploration in the Americas (Peru, Canada and Alaska). Upon joining the company, he stated, “I'm not here to drill 50-meter step-outs. I want to drill 500 to 1000-meter step-outs and go find something really big.” Completing the team is Margaux Villalpando, investor relations manager, with extensive mining sector experience in client and stakeholder relations.
Coppernico’s TSX listing is contingent upon its access to the Sombrero project, which is awaiting community consent. It’s a complicated process to which the company has already devoted much time and effort. Ivan believes project access will soon be a fait accompli, as the affected communities have already benefited greatly from Coppernico’s efforts, and have so much more to gain.
As usual, there’s much more coming. The team is currently reviewing a number of other potential large-scale South American projects. As Ivan said, “The opportunities have never been greater.” If anyone could do these projects, the upside wouldn’t be so enormous. The reconstituted team is now quickly working towards a successful conclusion.
www.CoppernicoMetals.com
Summary:
Wondering how to make a fortune on Wall Street? Guest Roger Khoury joins us for this episode to give us tips and tricks to make smart investments from an analytic perspective. It’s important to be consistent, and to understand what drives the market. It is ultimately the relationship between demand and price that dictates the future of the markets, and an awareness of this correlation can help you make more calculated investments. Be sure to listen in for more expert insight on how to navigate the markets in the current economic circumstances.
Highlights:
-Trading and investing are risky, but Roger Khoury has a number of tips that can help you make a fortune on Wall Street
-The key is to be consistent; this is what helps you grow an account
-You need to understand what drives the market; ultimately, demand causes prices to rise and fall
-There are eight major forces of supply and demand affecting prices
-The market can’t be manipulated past a certain level
-If you know where demand is in real time, you can usually determine where price is going next
-You need to look for significant imbalances between price and demand
-The process is what delivers the results
Useful Links:
Financial Survival Network
Market Forecasting Academy
Summary:
The markets haven’t been doing great; how do we know when it’s the right time to exit? I have Anthony Saccaro on the show to talk about some of the latest happenings in the economy, and how to guage the proper time to leave the market based on your personal circumstances. Inflation may or may not be at its peak, but regardless, it’s important to put yourself in a situation where you minimize your debt and have a steady cash flow. Tune in for more insight.
Highlights:
-Markets aren’t doing so great; is it time to exit? It ultimately depends on what stage of life you’re in
-If you’re within 4,5, or 10 years of retirement, it’s probably time to start taking some of your chips off the table
-Stocks are almost at record highs, with a potential recession looming
-You want to be in a position where you’re debt free and have the cash flow to do what you want—regardless of what the national inflation rate is
-Focus on the dividend and interest, because that’s what you can count on
Financial Survival Network
Providence Financial Inc.
Summary:
I have John Rubino on the show to give us the latest information on exactly what we have been fearing with the rise of inflation: stagflation. Mortgage and interest rates are above 5%, and this economic environment is the worst to be in—negatively impacting everyone in some way. On top of that, we’re simultaneously seeing political turmoil, and it looks as if we’re in for some tough times. Tune in for more insight.
Highlights:
-Stagflation is officially here; mortgage and interest rates are above 5%. How will this impact the US/global economy and various industries?
-Stagflation is one of the worst environments for an economy to be in because it negatively affects everyone
-It generates political turmoil on top of financial turmoil
-Inflation is going up and growth expectations are falling, which is a visual depiction of stagflation
-The Ukraine war is looking like a quagmire
Useful Links:
Financial Survival Network
Dollar Collapse
The government says inflation is running around 8%. But we all know the dirty truth that inflations is running closer to 15%. This impacts the middle class and working class hardest. And there's no let up in site. Michael believes that the Fed waited too long and is doing too little. They're playing catch-up and not doing a very good job of it. The question is how high must rates go to slay the inflation dragon and can the Fed actually raise rates that high? What will happen to the US economy and the global economy if they do. Housing is slowing down, but in certain areas, it has actually increased. Real rates are still around negative 10 percent.
www.FinancialSurvivalNetwork.com
Summary:
I sit down and chat with Brian Leni to get the latest updates on what’s happening with precious metals. As an engineer by trade, Leni has an advantage when it comes to analyzing the sector and determining which companies are worth investing in. He says that the gold thesis has never been stronger than it is today, and provides insight regarding where the market is headed.
Highlights:
-Gold hit 2000 again; junior miners are lagging
-The big money has not yet been made in the sector
-Leni is an engineer by trade, which contributes to his expertise within the sector
-The gold thesis has never been stronger than it is today
-Attention will be drawn back to the commodities market
-Writing articles allows Leni to explain why he wants to invest in a company, and pushes him to learn and develop a process for picking the best companies
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Financial Survival Network
Junior Stock Review
Summary:
I sit down and chat with Christopher Nelson about equity, and how opportunities within this can yield great success when you choose your investment wisely. It’s important to own assets that produce passive income, so that your yield can be a direct reflection of your hard work and decisions. Tech startup companies and the mobile home park sector are of particular interest in this regard, and you can tune in to hear more about how to educate yourself and make smart investments.
Highlights:
-When you look around at investment opportunities to get a decent return, it doesn’t always look great. Christoper Nelson is here to talk about how equity is everything, and how to choose your investment wisely
-We need to stop trading time for dollars, and instead own assets that produce capital while we sleep
-He decided to get an education in computer science; there was still an active job market, and technology recovered
-He realized that as hard as he was working, he wasn’t making as much as people that went to work for startup companies
-He created a due diligence for technology companies he went to work for, and the outcome was extremely successful
-Christopher’s favorite sector at the moment is the mobile home park sector
-The housing shortage will most likely continue and worsen
Useful Links:
Financial Survival Network
Thrive Community
Wealthward Capital
Summary:
Looking to plan out your business more efficiently and minimize unforeseen risks? Clay Ogden comes on the show to talk about how you can do this, and essentially “insure” unpredictable obstacles/tragedies that may affect your business. This can be done through 831(b) insurance plants, which allow business owners to take excess profits/revenues. It can be up to 10-15% of your gross revenue; this money is set aside, and can be deferred for the future or invested if you don’t end up using it. Tune in to find out more about how you can stay prepared and protect your business.
Highlights:
-Clay Ogden is an expert in risk management and 831(b) insurance plans
-831(b) is a section of the tax code that allows a business owner to take excess profits/revenues out of their business and save it for unforeseen risks (i.e. business/supply chain interruptions)
-This allows business owners to protect themselves from unexpected issues
-They typically allow around 10-15% of gross revenues to be set aside, depending on the scenario
-Anything unused for claims purposes can be deferred for the future, invested, or qualified for the dividends
-The maximum that can be taken is $2.4 million annually
Useful Links:
Financial Survival Network
SRA 831(b) Admin
clay@831b.com
Highlights:
-Jim has believed for the last year that inflation is not transitory, and this has turned out to be very accurate
-The Fed is shifting policy so that financial conditions tighten; they will need to push the stock market down
-In 2018, when the Fed shrunk its balance sheet, the S&P struggled
-Uranium has the potential to run for a while and move towards 31
-Is the opportunity in gold gone? Jim thinks that it is going to rally above 2070
-Inflation is going to temper over the next few months, which may take some of the wind out of the gold sales
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Financial Survival Network
Macro Tides
Summary:
In the metals markets, gold is up 21.30/oz and silver is up 25.50. Will this lead to a rally, and what does it mean for the stock market? I sit down and chat with Dee Carter to discuss some of the pros of purchasing metals at this time, especially in light of the fact that inflation is here to stay for a while. Tune in for more insight.
Highlights:
-Gold is up 21.30/oz; Silver is up 25.50. Will this lead to a rally?
-If you’re going to buy gold, it’s important to make sure it’s from a reputable company
-Putin has been tying the Rouble to gold
-Gas and food prices are not factored into tracking inflation, and inflation will not be transitory; we will probably be stuck with it for 2-3 years
Useful Links:
Financial Survival Network
Carter Financial
Summary:
At FSN, we’re always looking for new, safe ways to invest. I sit down and chat with Evan Bleker—founder of Net Net Hunter—to discuss net-nets and how you can profit from them. In this scenario, long term assets are stripped out, and you hone in on the current assets. A net-net is when the market cap is less than the resulting figure. Tune in for more information on what to look for when engaging in this investing opportunity.
Highlights:
-Net-nets can make you a boatload of money if you hit the right one
-Long term assets are stripped out, and you focus on the current assets. It the market cap is less than the resulting figure, this is called a net-net
-Most are micro-cap and nano-cap companies; 40/50 are very good companies to follow up with and do research on
-An investment is one where you can project your earnings and dividends; most other things are a speculation
-If you’re entering a situation where inflation is taking off, it’s important to have stable, fixed assets
-It’s important to dig past standardized data to gauge whether you have an opportunity or not
Useful Links:
Financial Survival Network
Net Net Hunter
Summary:
There is a new generation of leadership coming into office; digital currency is becoming more prevalent, and here to talk about this is Matthew Diemer—a candidate running for US Congress Ohio. Diemer talks about the importance of having leaders that acknowledge global competition. The United States has the opportunity to lead the tech industry if we play our cards right. Tune in for more insight from a political figure in tune with the future of currency and technology.
Highlights:
-There is a new generation of leadership coming into office; digital currency is going to become more important
-What is the future of impending regulation?
-We need people in leadership that are aware of global competition so that we do not fall behind in future American tech
-People in Washington need to be straightforward, and hidden investments need to be removed from the political sphere
-When you make Bitcoin legal tender in a country, you force businesses to accept this currency, which takes away from free market economy
Useful Links:
Financial Survival Network
Diemer for Congress
Matthew Diemer Twitter
Summary:
Disruptive technologies are pervading industries of all kinds—one of the latest being pharmaceuticals. I sit down and chat with the CEO of NowRx to discuss how he and his company are revolutionizing pharmacies, making getting a prescription an easier, secure, and efficient process. Utilizing micro-fallfilment centers that house technology built for optimizing pharmacy processing, NowRx is able to save money on retail space and deliver medications to patients the same day orders are placed—typically within a few hours. Listen in to hear more about the innovations taking place in pharmaceuticals, and to learn about how you can invest in NowRx.
Highlights:
Disruptive technologies are taking place in many industries—automobiles, the taxing industries, etc.
-Now, these technologies are coming to the pharmaceutical world
-Breese’s company uses micro-fulfillment centers to house technology that is built for optimizing pharmaceutical processing
-Saving money on retail space, they can afford to deliver medications to patients the same day orders are placed—usually within a few hours
-They are using technology and optimization to revolutionize pharmacies
-The current pharmacy industry is suffering from misalignment
-NowRX hopes to be publicly traded one day, and is growing by about 60% year to year in terms of revenue
-They manage everything from the point the Rx is sent in to when the prescription reaches the patient
-Most pharmacy systems don’t take advantage of their communication software
-NowRx goes further in terms of communication follow-up, and they give doctors real time statuses of every medication as well
-Patients get live updates when their prescription is in the process of being delivered
Useful Links
Financial Survival Network
NowRx
Invest in NowRx
Summary:
We’ve been hearing a lot about inflation in the news, and the government has admitted to a 7.5% inflation rate—the worst a country has seen in the last 40 years. I have David Stryzewski on the show to discuss this topic, and he says that interest rates, inflation, and geopolitical situations will ultimately be the factors that move the markets. It’s an important time to sit down and take account of your finances, and to prepare for the possibility of a stagflationary environment.
Highlights:
-The government is admitting to 7.5% inflation—this is the worst inflation a country in the world has encountered in the last 40 years
-What factors will move the markets? Interest rates, inflation, and geopolitical situations
-As the Fed is reducing its balance sheet and raising interest rates, the average consumer is put in an interesting position
-This is an important time for people to sit down and take an account of where they are financially
-David’s primary concern is stagflation, which comes from high inflation, high unemployment, and slow economic growth
-We’re experiencing a deficit of semiconductors
-The Fed is probably going to do more in the short term
Useful Links:
Financial Survival Network
Sound Planning Group
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Markets rebounding. Dow and S&P 500 are up. Nasdaq is down. So far so good. As long as it ends green.
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How high can feds funds rate go. The quant says 1%. The dollar has been making new highs. Europe is in horrible shape. The FF rate should follow the 2 year treasury rate. We are looking at a market that is hooked on QE and money printing. Money has nowhere else to go. The DXY hit 100 and is now at resistance. Euro chart looks horrible.
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While the dollar is going higher, gold and commodities are holding prices. Will commodities control financials in the new paradigm. This proves the need for charts.
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Implosion of the media is well underway. Stelter shows that everything is a narrative. The world is playing out to the 1984 script. Don’t let it happen. This is where we are at this stage of society. The consequences of every act are included in every act.
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Inflation is all over and was well underway before the war began. Still lots of liquidity in the system.
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We are being primed for a food shortage. It can be resolved quickly. Oil could be much cheaper if the market was allowed to work.
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We are at a very pivotal time. Recovery is happening due to the money flow from Europe. War going on and a separation between East and West.
Summary:
A lot is happening in the economy right now; we’re looking at petrodollar concerns, US dollar concerns, increasing interest rates, and a multitude of other variables that are affecting the markets. I have Eric Hadik on the show to discuss some of the current trends, and he notes various cycles—especially within the dollar and stocks—that have alluded to what is happening at the moment. We talk about the future of commodities, precious metals, cryptocurrency, and more, so be sure to tune in and get the latest updates.
Highlights:
-There are petrodollar concerns, US dollar concerns, interest rates, etc.
-What do we make of these markets?
-There has been a three year cycle with the dollar that has persisted for years
-There are also long term war cycles to account for—which came right on schedule and helped support the dollar
-The dollar is down, but certainly not out yet; it’s in the upper end of its trading range and has maintained some resilience
-Interest rates have been spiking higher recently, and mortgage rates are over 5%
-We’re likely to see a few months of consolidation
-Everything that’s happened over the last month and the Fed talk has been at such an extreme
-The markets anticipate things in advance, and they’ve been anticipating an extreme
-Commodities will probably see their final extreme in September of 2022
-A few other indexes have the chance to rally higher
-Stocks have adhered to a 2 year pattern where turning points are similar
-We’ve definitely seen a multi-month peak for oil
-We’re in for some volatile consolidation in the wheat market
-Hadik is looking for the possibility of gold setting a higher high in the next few weeks; a few indicators show that it could rally
-Bitcoin has been in a 2-3 month recovery/up-trend
-Bitcoin has adhered to intermediate cycles, which indicates that it is a developing market
Useful Links:
Financial Survival Network
INSIIDE Track Trading
Summary:
If you’re passionate about coffee and investing, then you’ll definitely want to tune in to this episode. I chat with Josh Ziegelbaum from Legacy Group, an organization that looks at investing in worthy companies to generate profits. Josh is currently focused on the coffee sector, and is partnered with Green Coffee Company in Columbia. He is implementing innovative technology to improve their practices and provide more opportunities to workers, and their coffee ranks very high in the industry. Listen in for more information about what he’s doing, and what it’s like to invest in a venture like this.
Highlights:
-Head of IR at Legacy Group
-Looks at investing in worthy companies to generate profits; he is currently focused on Colombia, particularly in the coffee sector with Green Coffee Company
-Coffee processes differ in various parts of the world, and in Colombia, the coffee beans are hand-picked
-They use older farming practices and don’t provide formal employment to those working on the farm
-Ziegelbaum’s company is using innovative technology to improve their practices
-They’re giving them an outlet to sell their coffee at fair prices
-Their coffee is rated in the 80s, which presents great opportunity for investors
-Limited partners get direct investment opportunities
Useful Links:
Financial Survival Network
Legacy Group
Summary:
John Rubino and I sit down and chat to talk US government and economy—both of which are in precarious situations at the moment. We discuss the inevitable power change to come in terms of political party/leaders, and how this may play out. Additionally, other countries have been anticipating the demise of US currency and are in turn strengthening their own. Tune in for more insights.
Highlights:
-Our president called for regime change—this led to the White House trying to roll it back
-There is an interesting phenomenon; a government that doesn’t get anything done doesn’t cause any damage in turn
-People would rather have a party change without an election
-There is going to be a change in power in this country without an election—the question just relates to how they will do it
-Many people have lost faith in the mainstream to tell them the truth
-Russia wants roubles in return for natural gas—which makes them more valuable
-They’re making the rouble a replacement for the petrodollar
-Russia and China have been buying tons of gold over the last couple decades in preparation for the situation we’re in
-They are strengthening their own currencies by trading in their own currencies
-The Fed intends to raise interest rates and mortgage rates, which could knock us into a recession
-Unemployment predicts higher wage growth
Useful Links:
Financial Survival Network
Financial Sense
Summary:
Looking for improvement in your investing abilities/results? If so, you’ll want to tune in to this episode with Jaden Sterling, where we discuss some of the effective methods you can implement right now to increase your chances of success in the market. Sterling highly suggests investing in gold and silver and avoiding market disasters. Additionally, inflation makes grocery store stocks and companies susceptible to constantly rising prices highly profitable. Listen in for more useful tips.
Highlights:
-In this market, you avoid the disasters and hedge your portfolio with hard assets: gold and silver
-Diversification is a tax investors pay when they don’t know what they’re doing
-Start looking at grocery store stocks and companies where we know inflation is rampant
-You want to enter this time debt free
-Inverse relationships could be bad for portfolios
Useful Links:
Financial Survival Network
Sterling Stock Picker
Summary:
I sit down and chat with Craig Hemke to discuss some of the interesting phenomena taking place in the markets and our economy; with an inverted yield curve, political collapse, and the prospect of Elon Musk buying even more of the world, 2022 has been nothing short of action packed. Tune in for insights on what’s to come with gold, and for tips on how you can stay prepared during inflationary times.
Highlights:
-There is an inverted yield curve, political collapse, and the prospect of Elon Musk buying the world
-Hemke predicted that 2022 would be volatile
-It looks as if Musk may take over Twitter
-Gold went over 2000, and now it is back down to 1900, but this is not surprising
-Your investment decisions are much simpler in an inflationary environment; some of the best performing stock markets of all time have been in hyper-inflationary circumstances
-It’s important during these times to prepare and be attentive
-Preparations such as getting medicine ahead of time are important
Useful Links:
Financial Survival Network
TF Metals Report
Summary:
Are you ready to retire? Can you do so without going crazy? Drew Pelton comes on the show to speak about this. The concept of retirement has changed over time for a number of reasons—inflation being a key component. Tune in for more insight on how to minimize risk and prepare for this transition.
Highlights:
-If you’re more financially secure, you are more ready for this transition
-The concept of retirement has changed for many reasons
-If you don’t plan adequately, you may face some serious issues
-If a lot of your wealth is in your home, it makes sense to downsize and free up your capital
-Bond-like instruments generate income
-A balance between income investments and equities should be the focus
-Minimizing risk can be done by looking at individual security
-There are financial measurements that can be assessed to analyze risk
Useful Links:
Financial Survival Network
Drew Pelton
Summary:
I have Mariusz Skonieczny on the show to discuss how to take small stocks and get in at the right time in order to make a profit. It’s important to remember that every entity has different clienteles, futures, and management, and Skonieczny recommends going to an exchange and looking at companies individually. If you want to learn how to invest for the long haul, be sure to tune in.
Highlights:
-How do you take small stocks and get in at the right time to make money?
-People involved with stocks during the pandemic had a good turnout
-The stock market is a vehicle to get an ownership in financial assets
-Every entity has different clienteles, futures, management, etc.
-Going to an exchange and looking at companies one by one is an effective strategy
-It’s important to be confident in your trade and to be willing to ride out the trade
-You need to detach from your decision in a stock once you’ve made it; you have to stay with it
Useful Links:
Financial Survival Network
MicroCap Explosions
Summary:
It’s almost time to deal with taxes, and in spirit of this, I sit down with Ben Golden to talk about how you can minimize your taxes and interactions with the IRS. As a registered agent with the IRS, Golden has an abundance of pointers in regard to helping people that are having trouble coming to a tax resolution. Tune in for more information.
Highlights:
-Tax time is only a few short weeks away. Golden comes on the show to give advice on how you can minimize your taxes and interactions with the IRS
-Golden is a registered agent with the IRS
-Golden’s company helps people that are already having problems with a tax resolution
-The same techniques don’t necessarily work for everybody; each person is in a different situation
-A lot of people would rather run away from their tax problem than face it head on
-67% of all audits go unanswered, and that’s why there is a change
-There are a few different types of audits; if computers are not included, there is about a 1% chance of being audited
-Those that make lower incomes are being audited more
Useful Links:
Financial Survival Network
IRS Trouble Solvers
Summary:
If you’ve been to supermarkets, the gas station, and any major stores, you’ve probably noticed the record high prices being implemented all over the United States. Brad Williams comes on the show to discuss the implications of these astronomical prices: they demand that we consider what we can live without, and what things can be temporarily swapped. Unfortunately, there are many things we cannot forgo in our day to day lives. Listen in to hear Brad and I discuss this further and unpack some of the major changes that accompany inflation.
Highlights:
-In consideration of the sky-rocketing prices, people are forced to decide what to cut out of their budget
-Some things cannot be substituted; gasoline is one of these things
-In the capitalist economy, people find their ways around things—but options are becoming somewhat limited
-Fossil fuels are the cheapest, most effective way to power an economy, which works against the intent of eco-friendly movements
-It’s a good time to add metals to your portfolio
-Looking at commodities may be a way to hedge up your portfolio
-We’re in a commodities super cycle
Useful Links:
https://www.financialsurvivalnetwork.com
Ask Brad Williams
Summary:
If you owe money or are concerned about your credit score, then this episode will be of interest to you. Paul Oster has been helping people restore their credit for over a decade, and comes on the show to give great tips for keeping an eye on your credit score and managing bills that will greatly impact this. Medical bills are especially important to be attentive to; anything under $500 no longer incurs a penalty, but amounts above this will impact your credit significantly. Don’t forget to check your credit reports frequently, and tune in for more great insight on improving your credit.
Highlights:
-Some have stopped reporting certain medical collections
-You are still obligated to pay your medical bills
-For anything under $500, there is no longer a penalty if you haven’t paid it
-Average medical debt on credit reports is $500
-If you owe more, then it is important to figure this out so that your credit doesn’t suffer
-Remember that we can look at our credit reports every seven days for free (CARES Act)
-If you have medical bills that you are worried about paying, reach out to the creditors
-Oster helps people look for ways to correct
Useful Links
Financial Survival Network
Better Qualified
Douglas Eze joined us for a talk about building generational wealth. Douglas is President and CEO of Largo Financial which has affiliate offices in Florida, Georgia, Texas, Maryland and Virginia with over 600 licensed Financial Consultants on his team. Not only is he a financial advisor and wealth strategist but he is an author and speaker.
First step to building wealth is to lower your tax bill as much as possible while obeying the law. Next look for cash flow and income generating assets. Finally, keep an open mind for extreme opportunities. Such things pass through everyone's life.
Mortgage expert Debbie Bloyd explains that even as interest rates rise, housing sales will remain high since there is just not enough supply to satisfy demand. Real rates are still extremely negative, over 10 percent and this just adds to the number of people seeking new homes. While the marginal buyer may be priced out of the market, there are still plenty of institutional cash buyers chasing a limited number of homes. Which means that for now, the real estate market, at least in hot markets, shows no signs of cooling down.
Summary:
Inflation has its downsides, but an advantage is the profit one can gain in the real estate market. I sit down and chat with Marcin Drozdz, who gives tips on easily and effectively raising capital so that you can settle deals in the market. If you are seeking the resources and flexibility to make offers within real estate, tune in to hear Drozdz’s expert advice.
Highlights:
-Real estate can be a great way to profit from inflation; rents are going up and prices have nearly doubled in some places
-Marcin Drozdz has come up with an easy way to raise capital
-Right now, making sure you have your capital in order is extremely important, since making an offer requires proof of having funds
-Drozdz’s system preps people so that they have the resources and flexibility to make offers when it’s most opportune
-The biggest mistake people make is making sure that they have all of the official matters/documentation taken care of before talking to people
-Work to your unfair advantage
Useful Links:
Financial Survival Network
Marcin Drozdz
Summary:
George Gammon, an expert on the contemporary scene, comes on the show to talk about the implications of the war and media; as large problems become the talk of the nation, they distract us from other issues and create a sense of diversion. Topics such as war are a racket that come at the expense of the masses, and we need to be aware of what is happening in the economy amidst all of the noise. Tune in for more.
Highlights:
-It seems as if large scale problems keep surfacing that distract us from the other issues occurring
-War has worked well in the past when less popular presidents want to be re-elected; diversion helps
-War prompts people to forgo their freedom and liberty
-We need central currency to ensure that no one is working with outside forces
-Politicians, the global elite, and the media are incentivized to participate in this war; they take advantage of any crisis opportunity possible
-Many people have abandoned critical thinking and may support the US going forward with this war
-We discuss Butler’s 1933 speech on war being a ‘racket’ that comes at the expense of the masses
-Rather than dreading inflation, welcome it, because it is your greatest opportunity to acquire wealth and get ahead
Useful Links:
Financial Survival Network
Rebel Capitalist Live
George Gammon Twitter
Summary:
We’re experiencing a peculiar rally at the moment, and Michael Pento comes on the show to give more insight on what’s happening with the rate hikes, and why we’re seeing this rally. In the past, the stock market has gone up significantly when the Fed hikes interest rates for the first time. Additionally, we’re seeing bubbles in every market, and the stock market could go higher if the Fed reverses its policy—driving our economy into QE unlimited. Tune in for more on what’s to come.
Highlights:
-There are 8 more rate hikes ahead, but any news is good news when it comes to Wall Street
-This rally is happening because in the past, the first time the Fed has hiked interest rates, the stock market has gone up significantly
-This rate hiking cycle is unique
-The Fed is now tightening into a slow down in global growth—particularly US growth
-The Fed can’t hike more than one or two times before they invert the yield curve
-They plan to do quantitative tightening as well
-Digital currency could also serve as a tool for inflationary measures
-If the base money supply never grew more than 2% per annum, the situation would look a lot different
-There are bubbles in every market
-The stock market will only go higher if the Fed reverses its policy and we go into QE unlimited
Useful Links:
Financial Survival Network
Pento Portfolio Strategies
Summary:
I sit down and chat with Octavio Marenzi to discuss how the war in Ukraine has affected markets, and it seems as if everything is going up. Commodities, gold, and oil are reaching highs, and from a US perspective, this is not a conflict that is going to have much of an impact. Tune in for more insights on what’s to come, and what to expect on national and global levels.
Highlights:
-How badly has the war in Ukraine affected markets, and what can we expect going forward?
-Markets, commodities, and gold are going higher; oil is headed toward its all-time high
-From a US perspective, this is not a conflict that is going to have much of an impact
-Looking at NASDAQ, you wouldn’t necessarily be able to pinpoint when the war started
-In European natural gas, prices have jumped sporadically; the situation is different for US natural gas because they are different markets
-Once the correction goes down, the Fed will jump back in to keep everything under control
-Increasing interest rates for years will destroy the markets
-Gold is going to be more or less okay in the short term
-Mortgage rates in the US have gone up, which will most likely impact real estate prices
-It’s okay to be a risk taker, but you have to be a risk manager as well
-For the average person who doesn’t make any moves, inflation is decimating
-For people who are in debt (in a fixed interest rate) it’s not a bad thing; it works negatively for people who save up money
Useful Links:
Financial Survival Network
Opimas
Hear the story about how Caroline Yuki helped her mother retire 10 years earlier than she planned. Now her mother has a comfortable retirement, has multiple streams of income and keeps increasing her monthly cash flow. It's a common sense system that can help you earn big rewards with low risk.
Did the Petro Dollar just die?
Will the Fed raise rates 6 times this year? (Target is 2.8% by end of 2023. Is this serious or pathetic?)
Was Bix Weir?
Are we heading into a recession already?
How big a deal is $110 oil?
Will food prices keep rising? (“Dust bowl conditions” threaten to create a disastrous winter wheat harvest)
Do rising long-term interest rates constitute monetary tightening?
Will global supply chains ever go back to pre-covid normal?
What's the next crisis? Cyberattack?
It’s no longer a stock market, it’s a commodity market. Oil is going between $150 to $250. Natural gas cycles are higher. Stock markets have peaked and are going lower, the Ukraine War has little to do with it. It’s all in the cycles. Commodity stocks are going through the roof. Play them through ETF’s Wheat is in a major upswing. Real estate may peak, but rents are not coming down. Inflation could be around for decades. Gold is having a short term pullback but is going much higher. Ethereum is about to hit a low and will present a good opportunity through the etf. Charles is long the Euro. You need to be invested in the right asset class and now its commodities. The current worldwide insanity is either a disaster for your finances or a golden opportunity.
Useful Links:
www.FinancialSurvivalNetwork.com
www.CharlesNenner.com
Summary:
David Morgan comes on the show to talk about what the circumstances in Ukraine will mean for metals prices, as the these are directly correlated. As circumstances change within currencies and amongst varying economies around the world, we start to question how countries will continue to do business together. Tune in for more insight.
Highlights:
-What does the quagmire in Ukraine mean for metals prices?
-How are we going to do business together as currencies/economic circumstances change?
-A cyber-attack would be extremely detrimental
-We should still be looking at mining stocks; we may reach a point where it is hard to get metal
Useful Links:
Financial Survival Network
The Morgan Report
Torq Resources’(OTCQX:TRBMF—TSX.V:TORQ) Executive Chair Shawn Wallace and Chief Geologist Michael Henrichsen joined us for a sponsor update. News is starting to pick up. Assay results on their 13 hole maiden drill program at Margarita are expected shortly. While never drilled before, all indications are that there’s great prospectivity here. They had been trying to land this project for quite a while and finally acquired it last year. Phase 2 will commence later in the year and the company has done two recent capital raises to advance the project. Drill targets will be established upon analysis of Phase 1’s results.
Concerning the company’s Santa Cecilia project, Wallace states, “We've been engaging with the communities … community initiatives are as important as anything else we do … including the technical work and the financial work. [We’re crafting] a relationship with the local community, that's going to endure over time … It's not a small task.” Once the process is complete, the project will be permitted and quickly move ahead. For good reason too, as two 2012 prior drill holes yielded nearly 1 kilometer of 0.45% copper equivalent.
The recent price movements in gold and copper, at least partly due to geopolitical issues, were already heading in the right direction before the war erupted. Wallace expects demand for copper will continue to eclipse supply, which will inevitably lead to higher copper prices and greater pursuit of copper projects. That’s good news for Torq’s shareholders, who along with the rest of the sector have recently experienced less than stellar results. But all of that’s about to change, which is why we’re shareholders. Company Website: www.Torqresources.com
Company Website: www.Torqresources.com
Summary:
The Ukraine/Russia circumstances are having a large impact on the markets, and I have Bob Hoye on the show to give historical insight on why this is happening and what we can expect in the near future. When we look at the past, these sort of uprisings have taken a long time to resolve diplomatically, and the pain of the recession will be the only factor that drives Putin to make some sort of change. Tune in for more insight on what’s to come.
Highlights:
-Hoye comes on the show to give a historical perspective on what the Ukraine/Russia circumstance is doing to markets
-When you look at previous uprisings in the former Soviet Union (near the mid 1900s), diplomatic solutions have taken very long to arrive at
-Pain felt by the effects of a recession would cause Putin to make a change
-Putin contends that the greatest catastrophe of the 20th century was the breakup of the Soviet Union
-Speculation in the political markets has become unusually reckless
-It seems that governments don’t always learn the lessons that history provides
-The financial catastrophe in Russia has earned a recession—the federal reserve is supposed to prevent this, but this theory doesn’t necessarily work
Useful Links:
Financial Survival Network
Charts and Markets
Summary:
David Erfle comes on the show to talk about what’s happening with gold in light of the current economic circumstances. Today, the price of Gold hit an all time high, and Erfle expects it to sit at $3k/oz at the end of this year to the start of next year. Everything happening with the trading of gold is, in many ways, influenced by our current inflationary situation as well as what’s happening around the world economically.
Highlights:
-Today, the price of Gold hit an all time high
-The end of 2021 was your last opportunity to cash in
-Once there is a close above 1900, this will be a signal for the gold price to start moving
-Russian citizens had their wealth decimated overnight last weekend
-All of the wins are in gold sales
-The west has waged financial war against Russia
-Palladium/platinum are essential for cities
-Our current economic situation is starting to resemble that of the 1970s
-We will most likely experience wage and price controls
-Erfle would not be surprised to see the gold price at $3k/oz at the end of this year or beginning of next year
-Gold stocks are still trading at very low levels
Useful Links:
Financial Survival Network
David Erfle Facebook
Summary:
Andy Schectman comes on Financial Survival Network to talk about the impact of the war on the metals market. Price appreciation in the metals has been a major effect of what is going on—especially as the dollar continues to lose value. Schectman predicts that the next war will likely be fought over the US dollar, and we continue to learn that we can’t put our trust entirely in this currency. Tune in for more predictions on what’s to come.
Highlights:
-When governments are fighting wars, it’s hard to believe any perspective
-Platinum has recently gone over $1k/oz—all of this supply is coming out of Russia
-The price appreciation is an effect of what is going on
-The sanctions in Russia will have an impact on the US
-The US isn’t going to slow down the printing of money any time soon
-Each war sets the issues and creates the rationale for the next war
-The next war will likely be fought over the US dollar; Russia and China are somewhat aligned
-Schectman thinks that the Ukraine situation is going to get a lot worse before it gets better
-If all of your savings are in dollars, you are destined to go broke
Useful Links:
Financial Survival Network
Miles Franklin
Summary:
How do we effectively maneuver the economic shoals that could potentially affect our portfolios? Jim Tucker comes on the show to talk about what he’s been advising clients to do in light of the current circumstances. Tucker says that from an investor perspective, the situation with Ukraine is going to primarily be noise. With volatility, there is a lot of opportunity to make/lose money. Tune in for more insights. Highlights:
-From an investor perspective, the situation with Ukraine is going to primarily be noise
-Volatility gives an opportunity to make/lose a lot of money
-This will not be a long impact of the market
-The ending of the pandemic is an opportunistic/cautionary thing depending on how you look at it
-The Federal Reserve is making its first increase in interest rates soon
-Find a quality manager that will play the field of green energy. Water is something that is gaining a lot of attention
-Existing car companies will make transitions, upgrading with their original car models to electric ones Useful Links:
Financial Survival Network
Tucker Bria
Most people alive today never experienced the 1970’s period of runaway inflation. They are quickly coming to terms with their massive loss of their purchasing power. Like a runaway train, once governments lose control, it’s nearly impossible to stop. In an effort to put the genie back in the bottle, they will be forced resort to wage and price controls. As with Nixon’s failed experiment 51 years ago, these efforts are doomed to failure. Here’s 8 reasons why:
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No one really wants to stop it.
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Central Banks are powerless.
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It’s the speculator’s fault.
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Ignorance of inflation’s true causes.
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Authoritarianism is in the air.
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Shortages inevitably lead to higher prices. 7. Something has to be done.
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The War Drums are Beating.
Other recent links:
8 More Shortages About to Worsen
10 Shortages That Are Getting Worse
Six Lessons I Learned From Working with Billionaire Hedge Funds
Get Ready for Non-Transitory Inflation: Ten Things About to Shoot Up in Price
Back by Popular Demand – Prices of 7 More Things Ready to Go Way Higher
Justin English is CEO of Salt Lending Inc., the first cryptocurrency lender in the crypto industry. Unlike a traditional loan that takes your credit score into account, a SALT loan is an asset-backed loan in which your crypto assets act as collateral for your line of credit.
They have issued hundreds of millions in blockchain-backed loans. Here’s an article on them on TechCrunch.
Summary:
Precious metals prices have been getting smacked down a bit, so I have Jeffrey Christian on the show to help us comprehend how the war with Ukraine could potentially affect prices. There are different scenarios that will arise regarding military and political outcomes, and if Ukraine wins, gold prices will come back down. Ultimately, there are a number of factors at play and we can expect to see these come to fruition with time. Tune in for more.
Highlights:
-Precious metals prices are getting smacked down a bit
-How could the war potentially affect precious metals prices?
-There are different scenarios in terms of military and political outcomes
-Ukraine will face massive opposition
-If the Ukrainians win, gold prices will come back down
-NATO also gets sucked into this
-We’re 12/13 months into the recessionary period, and there are a lot of factors going into the rising prices
-Real economic growth depends on the administration and congress, not the Fed policy
-A lot of things have changed in price that are not reflected by the CPI numbers
-The managed economy has helped with the Chinese housing situation
Useful Links:
Financial Survival Network
CPM Group
Summary:
Why isn’t gold up to $3k an ounce? I have Jordan Roy-Byrne on the show to discuss some of the peculiarities in the precious metals at this point in time. The correction has taken longer than expected, but ultimately this is in the context of the technical pattern we’ve observed historically. Jordan predicts that gold will eventually go much higher than $3k-$4k; once things start to move, they will move a lot faster than anticipated. Tune in for more insight on what’s to come with gold.
Highlights:
-Why isn’t gold up to $3k/ounce? It’s in a very bullish technical pattern
-The correction has taken longer than expected, but it’s in the context of the pattern
-It’s not going to go below the 38% retracement of the pattern
-Based on history, it will probably hit $4k shortly after it hits $3k
-This movement will probably happen sometime this year
-The potential upside for this market is huge
-Once things happen, they happen a lot faster than we ever thought was possible
-Eventually, gold will go much higher than $3k-$4k
-The stock market has had three major breakouts
-The breakout that’s coming in gold is the start of a massive rise in gold for many years
-Now is a good time for people to get positioned with gold, but it’s best to go with what is high quality
-Companies have been selling off projects to other juniors; this may be a trend that ends up giving investors huge gains
-Mining is physically demanding and difficult—not all projects can be immediately fulfilled
-Companies offering out projects may profit from this
-When gold breaks out, these projects and shares will become more valuable
Useful Links:
Financial Survival Network
The Daily Gold
Jordan Roy-Byrne – Inflation to Remain Subdued in 2022
The Precious Metals Bull Market Has Not Yet Begun with Jordan Roy-Byrne
Summary:
On FSN we follow crypto and digital assets very closely as our world approaches universal acceptance/awareness of these emerging assets. Here to talk about these in detail is Douglas Borthwick from INX, a company that deals with cryptocurrency and digital securities. Borthwick talks a bit about these and how you can be confident in the security of your digital wallet, and discusses strategies for determining what assets are worth investing in. Tune in for more.
Highlights:
-We follow crypto and digital assets very closely
-Universal acceptance and awareness of these things are emerging
-There’s a lot of misunderstanding around what a digital asset is
-Security tokens are digital assets filed with public or private security
-People can invest in ideas, projects, and companies they believe in
-People that invest in security tokens are looking for exit strategies with private equity
-Some of the first security tokens were backed by real estate
-You can watch as people are buying and selling digital securities, and there is a tremendous amount of data
-You don’t have to worry about losing your wallet address
-There are minimum disclosure requirements
-Do your own research on assets worth investing in—and it can help to know exactly who owns the companies
Useful Links:
Financial Survival Network
INX
Summary:
Looking to find additional sources of income? Nick Loper comes on the show to talk about how you can do this. Some of the more well known ones such as Uber/Lyft and Airbnb can be somewhat profitable, but are subject to changes and the authority of larger corporations. There’s a world of services that people need that are often overlooked, and Nick and I unpack some of these in this episode. Tune in to hear more about how you can pursue a worthwhile side hustle.
Highlights:
-It’s always great to find additional sources of income streams
-Nick Loper is an expert on side hustles, and helps others find what suits them
-Any employee is always subject to being a cost to be cut/controlled
-Uber/Lyft is a popular side hustle, but earning power is quite low
-Especially in consideration of things like self driving cars, this will not always be a viable option for side hustles
-With Airbnb, you’re in the crosshairs of a lot of municipalities
-If you’re looking to build leverage, this can be found in the content building or audience building space online
-There is a whole world of services that people need that are often overlooked (i.e. car detailing, lawn services)
Useful Links:
Financial Survival Network
Side Hustle Nation
Summary:
I sit down and chat with Craig Hemke to talk about what’s happening with the economy, and especially the metals, in consideration of global crises. Hemke emphasizes that people need to be paying attention and preparing for a number of changes that could take place in the near future. Listen in for more insight.
Highlights:
-In regard to Russia, the revolution went down 8 years ago and there has been a sense of worry ever since
-Don’t get too worked up on any one’s day metals activity
-If there’s trouble in Europe, the money flows to the US
-Uranium and palladium are taking off
-There was worry about deflation a couple years ago, and what is to come is ultimately unpredictable
-People need to be paying attention and preparing for all outcomes
-Fundamental changes have taken place in terms of investment outlooks
Useful Links:
Financial Survival Network
TF Metals Report
Summary:
To talk about how one should invest while the world is facing troublesome times, I have Richard Thalheimer—author of The Sharper Investor on the show. There is a lot happening right now across the globe, but we can’t overlook the opportunities to make money that are present. It’s good to invest when everyone else is fearful, and it’s even more important to invest in companies that you understand and love. Tune in for more.
Highlights:
-War is breaking out in Ukraine and there are bank runs all over the place
-Thalheimer wrote The Sharper Investor
-He’s achieved some great returns in the last five years. How does one invest when the world is on the brink?
-There are tremendous opportunities to make money; a lot is going on in the world, but we can’t overlook these chances
-Warren Buffet says, “Be greedy when others are fearful, and be fearful when others are greedy.”
-It’s good to invest now, when people are fearful
-It’s important to invest in the stock market
-You want to own stock in the companies that you understand and love
-You can’t time the market, but you can invest in companies that are sound and making money
-To inflation-proof your portfolio, look at stocks that don’t have a lot of exposure to rising prices
Useful Links:
Financial Survival Network
Richard Thalheimer
For 3 or 4 years, Eric has been discussing War Cycles and telling readers to wait until 2021 for those War Cycles to kick in… and that they should last into 2025. We discuss his focus on late-2021 for this and what it means for the coming years.
Q2 - Since Oct ‘21, Eric was describing a scenario in Gold where you expected a rally into mid-Nov and then a larger rally from mid-Dec into this exact week in late-Feb ’22. He explains how that fits into these War Cycles and what gold looks like moving forward.
We talk about Gold and the Dollar's simultaneous rallies. Most traders think that is not possible but Eric has been consistent on this point.
In the Dec & January issues of INSIIDE Track, Eric talked how Palladium had fulfilled major downside projections and was ready to begin a new bull market. It's all making sense as Russia is the largest producer of Palladium. We cover his outlook impact other metals like Silver, Palladium and Platinum.
Turning the focus to other commodities, Eric has been continually calling for a major advance in Wheat prices in 2021 - 2022 and projecting a primary surge to 950 or higher.
Many topics covered during out discussion.
Summary:
If you find yourself in a hopeless state, it is possible to turn your life around and change your circumstances. Joe Cury comes on the show to share his inspiring story about going from being homeless and abusing drugs and alcohol to turning his life around and searching for new opportunity. Tune in to hear about how he found light in the darkness and to learn about how you can change your life for the better.
Highlights:
-Cury found himself in a state of distress when he overdosed in the midst of being homeless and down on his luck
-Cury participated in a program where they focused on finding humility
-Just because you have failed in the past, this doesn’t mean that you cannot find success and happiness
-He is now a happiness coach, and helps people find good investment areas
Useful Links:
Financial Survival Network
Joe Cury Instagram
We sat down with Fury Gold Mines' Chair Ivan Bebek and CEO Tim Clark for a sponsor update. Fury’s sale of its Homestake Ridge Silver/Gold project to Dolly Varden Silver is now complete. Fury received CAD $5 million, 76.5 million in DV shares and two board seats. Fury's resulting enterprise value will be in the $40 - $45 million range.
Chair Bebek explains “So you’re getting three potentially great assets for $40 to $45 million …It doesn’t come around that often…” The transaction was followed up by a $5.3 million DV investment by Heckla Mining, the largest primary silver producer in the U.S., which also owns properties near Homestake.
CEO Clark adds, “…this is going to help shore up our treasury. We've got a lock up on those … marketable securities from Dolly for a year. Not only did we not have to finance again, but we could be an acquirer of other assets if it goes the right way.” Once silver begins its inevitable bull market, “We could pull out well over a $100 or even $200 million out of this.”
This could finance Fury’s extensive drill programs well into the future, thus precluding the need to do many more future capital raises. The funds will be put to good use. Clark observes that “We've got some of the best drill results we've ever had. (Recently at Committe Bay — 9.18 g/t gold (Au) over 1.5 metres (m) and 7.30 g/t Au over 1.0m in drill hole 21RV-012 and 0.88 g/t Au over 8.00m in drill hole 21RV-011 as well as rock grab results of up to 32.90 g/t Au and at Eau Claire’s Snake Lake 20.70 g/t gold (Au) over 1.5 metres (m) in drill hole 21SL-008, 5.16 g/t Au over 2.50m in drill hole 21SL-003 and 7.14 g/t Au over 1.5m in drill hole 21SL-009).
With significant intercepts like these, Fury will be upping their drill programs. All of which, leaves the company in the enviable position of having great prospectivity and the resources to uncover more high-grade mineralization.
(We own shares in Fury)
Company website: www.FuryGoldMines.com
Ticker symbol is FURY on the NYSE American and TSX
Summary:
Looking for ways to thrive as an entrepreneur/business owner? John Di Lemme I sit down and chat about how you can build your business to be sustainable and profitable in the long term. He founded Conservative Business Journal with the intention to help CEOs go above and beyond; one of the key components of this is being a marketer rather than a salesman, and branding for the best customer service possible. Tune in for more.
Highlights:
-John Di Lemme focuses his efforts on helping entrepreneurs, and founded Conservative Business Journal
-As a CEO, it’s important to think about what you can do to go above and beyond
-There is a difference between selling and marketing; marketing entails building relationships with clients and conserving them
-Focus on past and current customers rather than just running to the next client
-You want to brand yourself for extreme customer service, not the lowest prices
-Have a grand opening mindset
Useful Links:
Financial Survival Network
Conservative Business Journal
Summary:
For small business owners, it’s crucial to know what you need to do in order to max out your 401k plan and make the most of it. Here to talk about this is Matt Ruttenberg, and he discusses different 401k options based on how many employees you have, whether you own multiple businesses or not, and other factors that determine how to take advantage of this. Listen in for insightful advice on how to benefit the most from your 401k.
Highlights:
-How does a small business person max out their 401k and make the most of it?
-A big priority is fairness to employees, and there are many regulations that have to be followed
-A self-directed 401k is great for solo entrepreneurs without employees; you’re in full charge of your investment portfolio
-Employers and employees can contribute
-It’s important to go with the safe-harbor 401k
-If you don’t choose a safe-harbor 401k; it will be a traditional 401k, and you cannot max it out
-You can decipher where people cap out to take full advantage of profit
-If you have multiple companies, there are other options that allow you to maximize 401k
Useful Links:
Financial Survival Network
Life, Inc.
Summary:
Lots of what we talk about on FSN is centered around change—whether it’s changing your mindset, preventing yourself from self-sabotaging, or enhancing your day to day decision making skills. Daniel Mangena comes on the show to talk about what YOU can do to succeed, and the change starts with your internal self. By staying focused on your end goal and taking responsibility for your actions, you can set yourself up to achieve the things you are working towards. Be sure to tune in for more useful, motivational tips.
Highlights:
-Success is a lot more about what you don’t do than what you do
-It’s important to stay focused on your end goal
-You need to take responsibility for your own actions rather than blaming external factors for blocking you from succeeding
-Don’t hide behind any of your characteristics that you think may stand in your pathway for success
-Self interest doesn’t have to be a bad thing, but don’t expect everyone to care about you; each person acts to benefit themselves
-Own your bad decisions (such as letting others deceive you) and analyze what you can do to make better decisions
-When we learn a lesson in one area, we can apply it to all areas of our life. Our experiences can be very beneficial based on what we do with them
-We all have a purpose and a role to play in the universe
Useful Links:
Financial Survival Network
Dream With Dan
Summary:
Where are precious metals heading? I sit down with Robert Kientz to discuss the future of the metals sector in consideration of the inflationary circumstances. Ultimately, this sector does not always move in the way we expect it to when unique conditions arise. As the money supply increases and capitalism ceases to function normally, it looks as if precious metals are moving at a different rate than everything else. Tune in for more insights.
Highlights:
-Where are precious metals heading? Golds are right around the 1900 range
-There are a lot of geopolitical factors at play
-The fact that the US and its NATO allies are battling over area means that something is coming
-When you have an inflationary spiral, businesses have to raise prices a lot more, and these prices become much more competitive
-When capitalism functions properly, prices are kept as low as possible. Capitalism doesn’t work effectively when inflationary spirals come about
-It’s not going to be long before people start wondering why the precious metals aren’t going up in the same way as everything else
-Every other commodity besides silver has made an all time high in the last forty years—it may be a good idea to hold on to your silver for now
-Gold hasn’t made a new nominal high in a couple of years
Useful Links:
Financial Survival Network
Gold Silver Pros
Neoliberals go full fascist (Canadian bank account seizures, etc etc)
Should we limit what we keep in banks now that we know how easily it's stolen?
What about bitcoin wallets?
The Cashless Society is coming soon. Look out.
Clearly another reason to own physical gold and silver.
The Ukraine thing is completely our fault. What are the risks of Russia taking the Russian part back? $150 oil?
Is covid over?
-- California goes 'endemic'
-- with midterms approaching, Dems can't get elected on closed schools and vaccine passports
Tesla/Musk go after the SEC for abusing Tesla non-stop
The Credit Suisse story https://www.dollarcollapse.com/credit-suisse/ Are the Swiss banks more evil than Goldman Sachs and JP Morgan? Arguable. Whenever anyone stands up to these governments, they take them down in whatever way they please.
Summary:
Gold is getting close to the crucial 1900 range, and will probably break it shortly. Silver and the mining stocks are lagging—what does all of this mean for the markets? I have Michael Moor on the show today to recap previous predictions in the markets, and discuss what has played out since then. Moor expects to see a bearish correction with Bitcoin against the move up, as well as a bearish correction with Crude & Products. Moor gives lots of insight regarding what’s to come across the markets, so be sure to tune in.
Highlights:
-If the market gets damaged below the 1830 area, it could start collapsing again
-Usually, the markets are on top of it when there are indications of war
-Moor expects to see a lot more to the upside with crude oil
-There have been exponential price increases with coal as well as record consumption
-If there’s no global shutdown, all energy is a good bet
-With Bitcoin, we were in a bearish correction against a bullish trend. We might see a lower timeframe bearish correction against the move up, but it will probably head higher
-Ultimately, Gold and Crude & Products look the best; we will probably see a bearish correction with Crude & Products
Useful Links:
Financial Survival Network
Moor Analytics
Bitcoin and Gold Ready to Take Off with Michael Moor
It’s All in the Charts: Higher Gold with Michael Moor
We were joined by Stephen Stewart, QC Copper & Gold’s CEO, for a sponsor update. The news out of Quebec is quite encouraging. According to just released drill results, QC intersected 184 meters of .32% copper equivalent, well above the required .2% cutoff grade. Two drills are currently turning, with a third on the way; the goal is to keep increasing the already substantial resource by “turning waste rock into copper.”
Mineralization is abundant, both within the proposed pit as well as numerous areas outside of it. QC is cashed up with CAD $18 million in the treasury and a substantial amount of marketable securities on hand. Thus the company can easily finance its 60,000 meter drill program for 2022. While the stock went higher during the past year, Stewart believes that a story this compelling can only stay quiet for so long, before the market catches on and affords it a more realistic price commensurate with its resource. Company Website: www.qccopper.com Tickers TSX.V: QCCU — OCTQB: QCCUF
Summary:
Looking for new crypto strategies to implement? Adrian Reid comes on the show to talk about systematic trading within the cryptocurrency markets. He dedicates his time to empowering other traders to be successful, and works with traders all over the world to share his knowledge. Systematic trading utilizes historical data to guide strategies; it is rule based, so your decisions don’t have to work off of emotions or guesses. If you want to learn more about effective cryptocurrency investing, be sure to tune in for great insights.
Highlights:
-Adrian Reid dedicates his time to teaching others about his crypto strategies
-When he exited the corporate world, he sought to re-connect with people and share his knowledge
-His company has traders from all over the world
-It took him about 3 years to become profitable within his trading; this happened when he discovered systematic trading, using historical data to back strategies
-Long term trades build capital
-Systematic trading removes emotion from your decisions
-He trades a large universe of cryptos and focuses on what is trending, what has the best volatility, etc.
-Reid’s system take a rules based approach
-An amount as small as $500 can allow you to trade systematically with crypto, but this varies with markets
-The volatility at the individual coin level doesn’t have to be reflected in your whole portfolio
-Once you have confidence in the process, anyone can do it
Useful Links:
Financial Survival Network
Enlightened Stock Trading
https://enlightenedstocktrading.com/fsn/
We were joined by Eminent Gold’s CEO Paul Sun, along with the technical team, including Senior Geologist Dan McCoy, Justin Malliard and Ajeet Malliard (all PhD’s) for a sponsor update. Things have been moving along quickly at the Gilbert South and Hot Springs Range projects. The recent geophysical campaign at Gilbert South has yielded impressive results. It has provided further clarity to the already identified multi-kilometer length faults hosting gold bearing veins and allowed Eminent to identify definitive drill targets for this year’s program.
Senior Geologist Dan McCoy has over 30 years’ mining experience around the world and was lured out of retirement by Eminent’s potential for big discoveries. He is searching for 10+ million ounces of bonanza grade gold and believes the team is looking in all the right places. These projects have had limited exploration in the past. By using the latest technology, the team is seeing these projects with new eyes.
An overview of the Hot Springs Project was also given. Ajeet and Justin identified this property as one with great prospectivity and staked it, all while doing their doctoral dissertations. They wasted no time putting their degrees to work. Permits are in place and drilling is ready to begin. With all of this happening, there’s a certain inevitability that Eminent Gold is on the cusp of a major Nevada gold discovery. This is exactly why we’re shareholders.
Company Website: www.EminentGoldCorp.com
Ticker Symbols: OTCQB: EMGDF — TSX-V: EMNT
Summary:
I have Wolf Richter on the show to discuss some of the direct effects of inflation and how they’ve been impacting our day to day lives. Not only does this phenomenon turn savers into spenders; we are ultimately spending more regardless due to property rents spiking, used automobiles going up in price, and shortages of materials/laborers. The list goes on—tune in to hear more about what has changed in the economy and some of the forthcoming shifts to expect.
Highlights:
-Just yesterday, the wholesale price index was up 9.7%
-Is the inflation rate really running double what the government says it is? It’s certainly higher
-Inflation has a pervasive effect, turning savers into spenders
-There’s an above average supply of used vehicles, but prices continue to spike
-Rents have been going up significantly, especially in metropolitan areas
-Asking rents have spiked
-Building a home requires a lot of planning ahead in consideration of the required resources and labor; it’s not as simple a process to start as it used to be
-There are shortages of materials/laborers
-Higher wages won’t solve all problems, but are definitely part of the equation
-Some of the labor force has stopped working and started living off their crypto earnings
-We will probably see a downward trend of asset prices
Useful Links:
Financial Survival Network
Wolf Street
Markets and Bonds with Ross Clark; Truckers and Cryptos with John Rubino; Autos and Real Estate with Wolf Richter.
Real Inflation, Could Interest Rates Rise Faster Than Expected? Wolf Richter – Dec. 29, 2021
Summary:
You made it through the pandemic with good health, but perhaps you’re looking to improve your economic health. As we enter back into normalcy, what’s next? I have John Paul Mendocha on the show to talk about how you can change your mindset to prepare you for success. Ultimately, you must escape the criers club; accept your session, and create a plan to move forward so that you can thrive in future circumstances. Tune in to hear more about what you can do to invest in learning and prepare for what’s to come.
Highlights:
-You have to clear out all of the nonsense in order to put yourself out there and become more successful
-The ‘criers club’ is everyone who is ruminating on what has happened rather than moving forward; the longer you wallow, the less you are able to get things done
-It’s beneficial to learn your lesson, and ultimately let your emotions go
-Understand who you are and what you’re looking for—being self aware
-Pursue something that you think you are going to enjoy; doing something without passion is far more difficult
-You can’t always start at the top; it’s critical to have a growth mindset
-Every generation has a whole group of people that do not become successful—these people are typically not investing in learning for themselves
-Interesting areas to look into are AI and methods for providing better customer service; high tech has a lot of room to grow
Useful Links:
Financial Survival Network
Reconnecting Remotely with John Paul Mendocha
Now That the Pandemic Has Ended (Hopefully) with John Paul Mendocha
Summary:
We’re experiencing an inflation rate that hasn’t been this high in 40 years, but this means that it’s also advantageous to own more precious metals, oil, and other commodities. A realm of investment especially worth looking into right now is real estate; home prices are being driven up, and mortgage rates are ultimately pinned down by the interest rate policy. If you can rent your property out and turn it into a source of income, this is highly beneficial in the long run. Tune in for more insight on the markets and tips on how to plan for the future.
Highlights:
-Inflation just hit a near 40 plus year peak
-It hasn’t been this high since 1980
-Understand that the reported inflation rate is never entirely accurate—its reliability has diminished over the years
-It is probably double or more of what the projected government rate is
-It’s getting more advantageous to own precious metals, oil, and other commodities
-Speculating can be dangerous, but so can investing in mining stocks
-Is real estate a good place to be now, or is the market going to collapse? Ultimately, it’s a good investment, even in light of collapse risks
-Mortgage rates are pinned down by the interest rate policy
-Until the government cuts back on credit creation, the inflationary situation will not improve
-Inflation will increase the price of your home
-People are fleeing from the lockdown states to states with looser restrictions
-If you can rent your property out, every dollar that your rent goes up will drive up the value of your property
-If you’re going to buy real estate, location is crucial
Useful links:
Financial Survival Network
Summary:
Those that work in media jobs are facing a tougher environment than ever before in consideration of cancel culture and ethics that divide people in countless ways. Jeremy Murphy comes on the show to talk partially about his experience, and also about a book he wrote on navigating this cutthroat industry. Tune in to hear more about the Gen Z type, ‘Chloe,’ and how you can survive a media career in our contemporary world.
Highlights:
-Jeremy Murphy is an individual that is embittered by the media because of the tumultuous environment it has cultivated
-Once Trump left office, people lost interest in certain aspects of the media; politics lost a bit of entertainment
-Murphy writes a Gen Z type that he calls a ‘Chloe’ that feels entitled, and comes to work expecting everything to adhere to their own expectations and values
-There needs to be a balance of ethics in the workplace, and efforts need to be put into implementing things like diversity in the right way
-The goal should be getting each person to achieve their fullest potential
-We should be able to focus on being the best we can be, not just avoiding upsetting people
Useful Links:
Financial Survival Network
F*ck Off, Chloe!: Surviving the OMGs! and FMLs! in Your Media Career
Summary:
It’s time we take a stand against what the central banks are doing. Things have gotten out of hand, and here to talk about it is Greg Mannarino. He suggests that in order to make a move towards change, we have to develop a system outside of the current one, to which cryptocurrency could be a game changer. We don’t have much of a middle class left, and the only viable solution to all of the major problems thus far has been printing more money. If you’re as perplexed as us, you’ll definitely want to tune in.
Highlights:
-Central banks essentially want to own everything, and people need to take action against this
-We have to develop a system outside of the current one—cryptocurrency could play a major part in this
-We don’t have many real middle class people left
-Are we going to see a major correction or decline in the market?
-We are probably going to see new record highs in a relatively short amount of time
-No asset goes straight up without a bit of correction
-Risk in the market is rising, but this doesn’t mean there has to be a crash; this is an opportunity to make more money
-Precious metals are probably going to skyrocket, and a lot of money will be poured into cryptocurrency
Useful Links:
Financial Survival Network
Traders Choice
Summary:
We’re at the beginning of an inflationary cycle right now; thus, it’s crucial to know if you’re going to enter retirement during this period, and how you can prepare. I have Mark Singer at the show to discuss this topic, and we analyze a few economic factors that contribute to this phenomenon. Interest rates are going to start to go up very soon, which means that bond values will inevitably go down. Find out what your needs are now so that you can manage your portfolio accordingly.
Highlights:
-Inflation is here to stay, and it’s a cycle. We saw it in the 60s and 70s, and it lasted upwards of 20 years
-We’re at the beginning of an inflationary cycle right now
-It’s important to find out if you’re going to be retired during this time, and what to do
-Interest rates continue to be between 0% and 1.5%
-We’re not getting the increase in income anymore
-We just went through a 30 year bond/bull market
-Values of bonds have gone up; now, we’ve bottomed out and interest rates are going to start going up, which means that bond values will start to go down
-You need to understand low risk fixed income vs. high risk fixed income
-Find out what your needs are and how much risk you have to take with the portfolio
Useful Links:
Financial Survival Network
Mark Singer - Your Retirement Guide
Highlights:
-for metals prices, 1800 is the bottom
-With inflation, when are the prices going to go higher in nominal terms?
-There is much divisiveness right now in all areas
-When the public realizes that the Fed cannot raise rates or control inflation, this is when the bond market is going to start to go through convulsions
-Our government has chosen the printing press over austerity
-Raising interest rates will start to shake the financial house of the United States, and the Western world as a whole
Useful Links:
Financial Survival Network
Miles Franklin
Summary:
Metals prices have been range-bound for the last year or so. Just as you think they’re about to go up, they get slammed. I sit down and chat with Kyle Floyd to unpack the reasoning behind these prices, influenced by a number of factors. This is the right time to be accumulating, as we experience record amounts of currency production with less goods and services. Tune in to hear about the benefits of investing in metals now—especially in royalties.
Highlights:
-If the metals are doing well, then the companies are going to do well
-CEO of Vox Royalty, Kyle Floyd, comes on the show to discuss metals prices
-Investors have to realize that the movement won’t happen until it’s too late
-At some stage, the fundamentals will be reflected in the price
-We’ve had record amounts of currency production with less goods and services
-Crypto has taken a lot of the investor imagination and diverted it from the metals
-There is going to be record demand placed on resources to aid conversion
-Whether you’re a gold miner or copper miner, you’re going to compete with a lot of the same people for the same inputs
-There will probably be another super cycle in metals
-This is the right time to be accumulating
-Replenishing the labor supply of these vital industries should be every resource based economy’s major goal, as well as upping production
-The easiest tangible fundamental to understand is that the trillions of dollars in hydrocarbons have to go to metals; this will raise the tide for everyone
-It is worth investing in royalties at Vox, especially in consideration of inflation
Useful Links:
Financial Survival Network
Vox Royalty
Stunning Acquisition – 50 Million Gold-Equivalent Ounces | Kyle Floyd
Just as the Commodity and PM Super-Cycle Begins | VOX Royalty CEO Kyle Floyd
ir@voxroyalty.com
Summary:
FSN has always analyzed economics, but we are currently facing economic insanity. The gold standard is now more relevant than ever, and Nathan Lewis comes on the show to talk about global phenomena that have been taking place; the world market economy has experienced much change over the years, and a Keynsian governmental perspective is prevalent. Tune in for more.
Highlights:
-Lewis has been writing for 17 years now. He started with what was known and expanded
-We’ve seen inflation kick in, and expansion of the government into the economy
-The Magic Formula outlines the fundamental recipe that made the whole world wealthy: stable money and low taxes
-Between 1994 and 2016, nominal GDP in US dollars in China grew by 26 times because they had the ‘magic formula’
-This tapered off when China took a more authoritarian stand
-We’ve been in an economic predicament with the Chinese for many years, and have more recently discovered this
-The flood of new labor onto the world market economy came due to the lifting of communism and strict trade agreements
-Advances in communication allowed more things to be produced in China rather than the US, which created struggles for US workers
-We should have all the components of a major industrial economy contained in the United States
-China does have a legitimate claim to Taiwan
-The Canadian trucker movement is spreading
-There are now Austrian devotees that see the value in free markets
-The internet can amplify these messages and make them more universal
-We’re kind of in the era of Keynsian government with big governments
Useful Links:
Financial Survival Network
New World Economics
Nathan Lewis – Time to Cut the Federal Government in Half
Nathan K. Lewis – Is the Gold Standard Our Salvation?
Summary:
If you’re looking to invest in yourself and your business, now is the time. I have Robert Bendetti on the show to discuss how you can become the greatest wealth generator and reach your maximum potential. It’s crucial to receive education and proper training, and also to get yourself familiar with an industry before getting involved. Tune in for more helpful advice.
Highlights:
-Now is the time to invest in yourself and in your business
-Entrepreneurs need to be treating themselves and their business as the greatest asset/wealth generator
-Revenue is not the point; you need to be pursuing real profit
-The first step to investing in yourself is receiving education/proper training
-Get yourself familiar with an industry before buying a franchise or expanding your market
-Failure is inevitable at some point, but you need to fail forward
-You learn a lot by testing products and getting customer feedback
Useful Links:
Financial Survival Network
Robert Bendetti LinkedIn
Summary:
Interest rates are heading higher and the stock market is heading lower. Is there still hope? I have Avi Gilburt on the show to talk about what is in store for the markets in 2022. We could still have strong inflation and see the stock market go up, but there is also a high chance that rates will start coming down. The Fed may not necessarily follow through with what they have said about raising rates, but we will have to wait and find out as the year progresses.
Highlights:
-Could we have strong inflation and still see the stock market go up? Ultimately, yes, but there is also the potential for rates to start coming down
-The Fed may be backtracking as we move through 2022
-The market isn’t necessarily suggesting that the Fed is going to follow through on its plans
-Market sentiment drives the overall market
Useful Links:
Financial Survival Network
Elliot Wave Trader
Shortest Stock Market Correction in History? with Avi Gilburt
6000 S&P Coming: Markets Gone Wild with Avi Gilburt
Summary:
Even in inflationary circumstances, there are many opportunities for big wins. I sit down and chat with Jewel Tankard, who has been mastering some of these opportunities at an incredible rate. We specifically discuss sectors such as real estate and cryptocurrency (NFTs in particular) to unpack some of the benefits of learning about these industries and getting involved. Tune in for more.
Highlights:
-Many people are worried about inflation because prices are noticeably increasing
-Jewel Tankard has been mastering opportunities at an incredible rate
-Times of financial crisis also possess the most opportunity; you can decide whether you win or lose
-Real estate, big pharmaceutical companies, and several other industries performed very well in the midst of dire market conditions
-In real estate, a common conception is that you make money when you buy, but the timing of buying is also crucial
-You typically make the most amount of money when you’re early to the industry
-To make money in the Metaverse, find out where projects are happening; NFTs are very prominent
-With real estate, buy properties in areas where you know there is going to be major development
-The world is changing very rapidly, and we have to be open to listening to ideas about money/patterns
-Being a lifelong learner is crucial
-Knowing when to enter/exit the market is also extremely important
Useful Links:
Financial Survival Network
Jewel Tankard
Summary:
I sit down and chat with Gary Wagner to discuss what exactly is happening with gold prices and the metals market as a whole, and how these effects are a direct result of the inflationary environment we’re stuck within. Bringing inflationary pressures down is no simple tasks, and it will probably be a while before we start to see some of the asset classes performing at a normal level again.
Highlights:
-What’s happening with gold prices?
-Silver has been more depressed than gold, but gold is sitting at 1800
-A lack of dollar strength has been holding the precious metals at a lower price
-There is a dichotomy between how gold and silver are reacting
-Gold is the best long term hedge against inflationary pressures
-It is a tedious process to bring inflationary pressures down
-We’re in interesting times, and there’s not much we can do about it
-Currency is backed by faith in the government—which seems to be fading globally
-For the first time in history, our paper currency isn’t backed by anything
-Silver has been kept artificially low
-There is perhaps some market manipulation at play
-The two tangible investment classes that have performed brilliantly are real estate/land and gold/silver
Useful Links:
Financial Survival Network
The Gold Forecast
How High Can Gold & Silver Go in 2022? Rates to Rise, Here’s the Impact on Markets – Gary Wagner
Don’t Invest in Gold Until You Understand These Fundamentals – Gary Wagner Gives Price Targets
Highlights:
-Mark Achler was an early employee of Apple and Head of Innovation at Redbox, and is an adjunct professor at the Northwestern Kellogg School of Management who has been creating and investing in tech startups since 1986.
-Mert Iseri is the founder of SwipeSense, a healthtech company acquired by SC Johnson in 2020. He also co-founded Design for America—using design thinking for social impact—which won the National Design Award in 2018.
-Together, they are about to release their new book Exit Right that in my opinion should be read by anyone and everyone involved in an exit strategy.
-The book contains interviews with seasoned entrepreneurs with multiple exits under their belt, including M&A executives at prolific buyers such as Google, Facebook, Amazon, along with lawyers and bankers.
-Their book is a collection of the hard-earned lessons over decades of experience building startups towards a great outcome for all parties including:
The FAIR Framework
1.Taking the long view - from the very beginning and in all things
2.How to have an annual Exit Talk
3.Breaking down the Term Sheet
4.Seventy amazing contributors interviewed
Useful Links:
Financial Survival Network
Summary:
The United States just exceeded $30 Trillion in debt, which is a huge eye opener regarding the economic circumstances. I sit down with Lobo Tiggre to discuss what’s happening with inflation and the markets; commodities are breaking records and behaving differently than ever before. Tune in for more insight. Highlights:
-We just exceeded $30 Trillion in debt, and it has been ignored by the mainstream for so long
-It is quite an eye opener in consideration of how quickly we reached that number
-It takes time for monetary and fiscal policies to work their way through the system
-Just because we are no longer receiving stimulus checks does not indicate that inflation has peaked
-Every commodity you look at has either made records or is going to make records in the distant future
-Invest in things that benefit from inflation rather than getting hurt by it
-Tiggre is holding off on metals until we see where the financial circumstances go
-The trend for uranium is one of the most solid in the commodity space
-People are selling used cars for much higher than they were purchased for
Useful Links:
Financial Survival Network
Independent Speculator
Gold & Silver Breaking Out? with Lobo Tiggre
Brace for Major Market ‘Fireworks’ – Lobo Tiggre’s Bold 2022 Predictions for Gold, Silver, Fed
Summary:
Global health restrictions are somewhat declining—is this a net plus for the economy, or are we too far down the rabbit hole for it to make a difference? I have Martin Armstrong on the show to discuss what’s to come for the economy; we are in a unique situation, and in this episode we discuss different economies across the globe and potential outcomes.
Highlights:
-Global health restrictions are somewhat declining—is this a net plus for the economy, or are we too far down the rabbit hole for it to make a difference?
-Keynsian economics has completely failed—raising/lowering interest rates and increasing the money supply isn’t helping our cause
-International flows are still coming into the market and chasing stock
-There has been a collapse in the confidence of the government
Useful Links:
Financial Survival Network
Armstrong Economics
The Latest Updates from Martin Armstrong for 2022.02.01
The Latest Updates from Martin Armstrong – 2022.01.30
Summary:
It looks like the market is turning around—is the stock market experiencing a bounce, or is this the beginning of a new rally? I sit down and chat with Chris Vermeulen to discuss recent trends in the markets, which are currently experiencing a knee-jerk reaction. Most stocks are down dramatically; gold and silver getting slammed last week, but oil is still in a strong up-trend with more room for growth. Tune in for more on what’s happening in the markets.
Highlights:
-There is a huge selloff in the SP500
-Right now, it’s a knee-jerk reaction bounce, and the resistance area needs to be overcome
-Buying the dip is not always the safest plan, and the markets are showing signs of fatigue
-Most stocks are down dramatically
-Rising rates are good for value stocks
-Gold and silver also got slammed last week; gold had a great defensive play, but then hit a threshold
-Vermeulen thinks that gold and silver are eventually going to run to the upside
-Oil is in a strong up-trend; there is great demand for oil
-Bonds and yields will most likely reverse a bit
Useful Links:
Financial Survival Network
Technical Traders Ltd.
Summary:
If you want to lift your small business to a higher level and maximize your cash flow, this one is for you. Mark Newsome shares some of his greatest tips for growing your business, and much of this advice is centered around nurturing customer relationships and taking advantages of special offers and discounts to continually expand your audience. Tune in for more advice.
Highlights:
-Stop treating your business/service like a one night stand; don’t merely go from customer to customer. Once you acquire a customer, you need to focus on nurturing that relationship
-Don’ try to do everything yourself. Create strategic partnerships
-You can ethically bribe existing customers (by offering discounts, special deals, etc.) to bring in new customers
-Let your market show you which offer is best
-Take advantage of email marketing
-Figure out an effective up-sell point
Useful Links:
Financial Survival Network
Mark Newsome
Summary:
Financial coach Omar Medrano comes on the show to talk about how you can invest in yourself, and some of the best things you can do in 2022. One of the greatest decisions you can make is thinking in terms of the present rather than fearing the future of the markets. Tune in to hear more about you can create your own luck and make changes today that will benefit you.
Highlights:
-The best thing you can do over time is invest in yourself; you can make far more money than you will in the market. One of the most valuable things to do is get a coach
-It’s crucial to focus on today. Many people buy high and sell low because they panic—it’s more beneficial to focus on the present
-Invest in yourself, cut back expenses, invest the money that you save, and preserve your mental fortitude
-It’s best to buy when the markets are down
-We create our own luck by working hard and knowing what we want
Useful Links:
Financial Survival Network
Omar Medrano
What If It Did Work?
Summary:
Looking for good alternatives to traditional market investments? Faith West comes on the show to talk about NFTs, the growing collection of digital code that that can be purchased and traded. Combining the seriousness of investing with the fun of trading cards and owning art, NFTs allow you to expand your portfolio in a way that appeals to the future of art and investing.
Highlights:
-Great alternatives to market investments can be NFTs
-An NFT is a digital line of code that is purchased, and once this purchase happens, it shows up on a ledger on the blockchain. Everyone can trace the original owner of the art
-They combine the seriousness of investing with the fun of trading cards
-Some NFTs come with rights to the original image—this can be digital or print
-Many artists have been able to quit their side jobs and make a living off of NFTs
-It also allows artists to preserve originality and avoid being copied
-One can get into NFTs through Distributed Apps
-NFTs allow one to have a mobile art collection
Useful Links:
Financial Survival Network
Pop Legendz
We spoke with sponsor Mistango River Resources’ Chairman Stephen Stewart. He was quite pleased with the company’s just released drill results, intersecting 86.2 g/t of gold over .5 meters and 5.11 g/t of gold over .97 meters. There was visible gold in this hole and in another, for which they’re still awaiting results.
This confirms Stephen’s thesis that the gold has traveled west from the ultra-productive adjacent Macassa mine. While the Phase 1 drill program didn’t yield any major results, Phase 2 is working out well and will help focus future targeting activities for the Kirkland West Project.
Stephen observes that the past year was a difficult one for the junior mining sector, but is optimistic about the year ahead. Mistango currently has a market cap of CAD $10 million and has $7 million in the bank, leaving an enterprise value of just $3 million. In addition, the prior $60 million Kirkland deal means there will be little if any future dilution. With 600,000 ounces at Omega and hopefully more on the way, its trading for less than $5 per ounce in the ground, an oversized discount. Herein lies the potential value of Mistango.
Stephen expects the news flow to greatly increase this year and is counting on more positive drill results ahead. More drilling is planned for Omega and he believes more good news will be forthcoming.
Ticker Symbol: CSE – MIS
Company Website: www.Mistango.com
Summary:
Inflation is here to stay whether you have real estate or are holding various resources. Peter Badger comes on the show to talk about how we can use real estate to protect against inflation, specifically by investing in farm land. Tune in to hear about this real estate niche and some of its benefits.
Highlights:
-Whether you have real estate or are holding various resources, inflation is here to stay, and will probably last many years
-Real estate is a great way to protect against inflation
-Peter Badger specializes in farm land
-He started to look into where to put your money to avoid losing it in the down cycle
-It’s critical to balance asset allocation
-Outside of the US, real estate is very different; how do you navigate these differentiating factors?
-It’s good to meet bilingual people that have connections
-The pandemic has been a great reset for individuals’ investment portfolios
-Even if inflation goes up, your land also goes up
Useful Links:
Financial Survival Network
Farmfolio
Summary:
Dee Carter comes on the show to talk about what you can do to plan for inflation as it continues to be a pressing issue within our personal finances. In the face of rising product costs, bills, and a number of other things, it’s important to save for the future with inflation in mind—especially when planning for retirement. Tune in to hear tips on what you can do to succeed as circumstances fluctuate and inflation becomes more prominent.
Highlights:
-Inflation has been an issue for many years, and Dee Carter and I are here to discuss what you can do to minimize the effects of inflation in your life
-Carter’s natural gas bill increased by 60%
-Carter deals with people who are retiring and has noticed that many individuals don’t plan for inflation when saving for retirement; it’s important to plan in advance
-The index annuity works well
-People trying to go on vacations are also running into problems as prices go up
-You need to find a financial advisor that is familiar with what inflation does
Useful Links:
Financial Survival Network
The Retirement Income Store
Dee Carter – Oil Gets Even More Volatile
Dee Carter – Is Government the Biggest Economic Threat?
Summary:
Whether you’re driving a car, calling a big company, or working with your financial advisor, AI is involved in many of our day to day activities. I sit down with Matt Reiner to talk about Benjamin, an AI development that helps financial advisor firms elevate their experience by utilizing automated processes to complete medial, mundane tasks. This ultimately allows advisors to spend more time with clients and allows for a more valuable experience. Tune in for more on how AI is transforming financial advising and bettering firms.
Highlights:
-Benjamin is helping financial advisor firms elevate their experience by designing AI that complete medial, mundane tasks
-This allows for more human to human interactions with clients
-The focus is enabling the team to do more
-Benjamin helps with client onboarding, preparing advisors prior to meeting with clients, and answering questions
-With this tool, advisors can spend more time with clients
-The experience is made more fluid and swift
-Growth comes from clients demanding more proactive service offerings
Useful Links:
Financial Survival Network
Benjamin
Matt Reiner
Summary:
We are currently waiting to hear what Jerome Powell has in store for the global economy—especially Wall Street. I sit down and chat with Dutch Masters to discuss the latest updates on the markets; for 2022, it’s looking precarious as rates are anticipated to rise. We talk about Carnivore Trading and some of the strategies that can be implemented to successfully invest as the times change. Tune in to hear how you can plan for the year ahead.
Highlights:
-The price of gold is down, and Wall Street is seeing higher prices and higher volume
-If the Fed
-Crypto has fallen off the table
-Upstart has been performing well
-For 2022, this is a precarious market; the rates will probably not come up as much as promised, but they do have to rise
-Carnivore Trading doesn’t stick to one style of investing because the circumstances are constantly changing
-Carnivore is great at choosing sectors, and demonstrated long and short trades to subscribers
-Stocks always have the opportunity to come back
Useful Links:
Financial Survival Network
Carnivore Trading
Make Money in “Boring” Stocks with the Dutch Masters
Become a Carnivore Trader with Dutch Masters
Summary:
Are we approaching a crisis? Is it Fed induced or cyclical? Furthermore, can it be stopped? I have Rick Rule on the show to discuss the current economic situation, and it looks as if we are approaching a circumstance that will be difficult to comprehend and adjust to. We are facing various shortages around the world displayed by commodity trends, and which are only going to continue to intensify. Tune in for more.
Highlights:
-We are coming into a circumstance that will be difficult for people to comprehend
-Interest rates will have to rise, and you’ll be punished for saving
-Society has under-invested, but meanwhile, the global population is growing; demand for raw materials increases while supply diminishes
-The next Silicon Valley will likely occur in a place we don’t expect
-Markets are not a source of knowledge; they tend to confuse
-There is a lack of electric infrastructure in various areas of the world, and the living standards of the bottom third of mankind will be the primary driver of demand for industrial commodities of all types, specifically energy
-The shortages are of our own making
-The world is demanding the same thing it is prohibiting; copper is a great example of this
-We will inevitably see an acute shortage of copper in five years
-You can profit from these commodity trends
Useful Links:
Financial Survival Network
Here’s When I’ll Sell My Gold | Rick Rule
Rick Rule – The Big Money for Silver & Gold is Still On the Sidelines
Rick Rule's Uranium Investors Bootcamp
Summary:
On January 24th, markets were getting killed, and then at the end of the day, things turned around. I speak with John Feneck to unpack some of the interesting trends taking place in the markets, and it becomes more evident over time that investors need to be mindful when it comes to analyzing dips and yield. Tune in for more on what’s to come.
Highlights:
-Investors need to be careful; buying the dip is not always the best move
-There is more interest in value stocks than in growth stocks right now
-You can’t chase yield all the time
-Used cars are in high demand and hotel prices are going up
-Airlines are getting slammed because of fuel costs
-Pipelines are also a scarce resource right now, and can be priced at very high levels
-The resource sector is the place to be
Useful Links:
Financial Survival Network
Feneck Consulting
Gold Sector Low Was December Federal Reserve Meeting Says Expert John Feneck
Are Gold Stock Investors Wise Contrarians, or Foolish Bag Holders? with Sector Expert John Feneck
News from our sponsor Tier One Silver is starting to pick up as assay lab delays subside. TOS has been reaping the rewards of its aggressive 2021 drill program. In the latest report, they struck 384.6 g/t Silver Equivalent over 3 meters and 221.5 g/t AgEq over 5.5 meters. CEO Peter Dembicki said, “We are very pleased to confirm a fourth structural corridor target carrying high-grade silver, both on surface and at depth, through our drill program. We believe the grade and scalability of the Curibaya system to-date are impressive and warrant further drilling.” He commented that there is much more to come as “[Tier One Silver] is heading into the top of the ‘second inning'.”
Co-chair Ivan Bebek observed, “This is a very pivotal result. It’s a spectacular stage. There’s 5 more holes coming…”and each batch of holes has taught us something new and better about the project.” He expresses confidence that, “We're really close to something spectacular here, not just in silver, but there might be a porphyry” as well.
They both thanked Exploration SVP Dave Smithson and acknowledged his contributions for getting the project to its current level and wished him well, as he’s taking a well-deserved break from the industry. New Exploration SVP Christian Rios is a local with vast experience finding silver in Peru. He’s been deeply involved in the project and the transition will be seamless.
Expect more positive news from the company, as they are in good financial shape, with 5 more drill holes awaiting results. (We own shares)
Company Website: www.TierOneSilver.com
Ticker Symbols: OTCQB: TSLVF — TSX.V: TSLV
Summary:
How can you reduce your balances and raise your credit score? Credit expert Paul Oster comes on the show to discuss this. As a result of the pandemic and the holidays, many adults have increased their credit balances significantly. It is highly important to analyze bills to minimize this debt, and closely track your spending. Tune in to hear more about how you can avoid credit card debt and make positive changes within your spending.
Highlights:
-Holiday spending returned to somewhat normal levels
-Close to 50% of adults with a credit card debt increased these balances, not just over the holidays, but over the course of the pandemic
-The number 1 priority for people should be minimizing credit card debt
-It can be extremely beneficial to minimize subscriptions
-Most consumers spend little or no time minimizing their credit card statements
-Your credit score is either going to cost or save you money every month
-Get copies of your credit report frequently to keep up to date with spending
Useful Links:
Financial Survival Network
Better Qualified
Student Loan Forgiveness with Paul Oster
Paul Oster – Millennials Messing Up with Too Little Credit?
Highlights/central questions:
-Russia/Ukraine coming to a head.
-What kind of sanctions will the US impose?
-What will that do to the price of oil?
-What will $100 oil do to the economy and stock market?
-1970s parallels keep multiplying
-Mainstream reporter is shocked by Freedom in Florida
-Beverly Hills residents flocking to city's only gun store
Useful Links:
Financial Survival Network
If Gold & Silver Crash, “Back Up the Truck” | John Rubino
Markets, Cryptos – Ross Clark. Bonds, Gold Silver – John Rubino. Real Estate – Steve Saretsky.
A Canadian COVID Hysteric Goes to Florida and Absolute Hilarity Ensues
Summary:
We have interesting times ahead, and Darryl Schoon comes on the show to talk about this. Schoon saw the economic downfall coming when he wrote extensively on it back in 2007, and he discusses some of the outcomes that have come into play. Money is not what we initially thought it to be as we find ourselves in a credit-debt incident. Ultimately, change is inevitable, and it looks as if the economic situation is embarking on a downward spiral.
Highlights:
-In March 2007, Schoon wrote on surviving economic crises before the bottom of Wall Street fell out
-Essentially, he predicted the downfall of the economy
-Money turned out not to be what it was formerly thought of as—once the Federal Reserve got ahold of money, it became a credit-debt incident
-The bankruptcy of the United States will trigger the bankruptcy of the rest of the world Once you sweep away the separate sovereignties of this planet, humanity will be able to succeed
-They’re going to raise interest rates again because they have to
-The context that we’re seeing this year is bigger than us
-It is becoming more evident that the current system is unsustainable
Useful Links:
Financial Survival Network
In Six Months You Won’t Remember This Election with Darryl Schoon
It’s a Big Sh*t Sandwich, and We All Have to Take a Bite – Darryl Schoon
Trilogy Metals’ CEO Tony Giardini sat down with us for a sponsor update. He gave us an upbeat appraisal of the company’s latest developments. Trilogy recent struck 12% copper eq, “an extraordinary result.” Rising copper/gold/silver prices have increased the net present value of the Arctic project to over $2.7 billion. While inflation is affecting all mining concerns, Trilogy isn’t seeing much of an increase in its proposed capital expenditures. Trilogy is still among the lowest cost potential producers in the world with all-in cash costs of $0.98 of payable copper (current spot price is over $4). At present, the market seems oblivious to Trilogy’s rising value and vastly improved project economics. Tony believes that this won’t continue for much longer and sees a future re-rate as likely.
Additionally, the company recently upped its resource estimate of its Bornite Project. There’s over 6 billion of pounds of copper (indicated and inferred) so far. They’ve also upped their cobalt estimate to over 88 million pounds.
The company is increasing its outreach to local and indigenous peoples. The effort was slowed down by the global health concerns, but will soon kick into high gear.
With a planned 10,000-meter drill program budgeted at $28.8 million, Tony believes that 2022 will be a milestone year for Trilogy Metals.
Ticker Symbol: NYSE/TSX – TMQ
Company Website: www.TrilogyMetals.com
Summary:
It looks as if the great taper is upon us, and the market is starting to experience the predicted effects of this. Here to debrief the messy times we’ve found ourselves in is Michael Pento, who has been analyzing these trends for many years. Ultimately, the Federal Reserve has no choice but to combat inflation, and any approach inevitably contributes to the decline. Tune in for more.
Highlights:
-The market believes the Fed; the great taper is upon us and the market is experiencing its predicted effects
-With selling homes, you can essentially name your price and successfully sell it. This is partially because we’ve had negative interest rates for a long period of time
-Tesla, to the market, is what cryptocurrency is to Wall Street
-For a time, the Federal Reserve has no choice but to combat inflation
-The Federal Reserve’s balance sheet has gone up tremendously because of all the money printing
-They have to choose whether they want to destroy the economy with inflation, or destroy it by melting down asset classes
-The way that the government deals with these crises always leads to asset class implosions
-The second quarter of this year is only going to get rougher
Useful Links:
Financial Survival Network
Pento Portfolio Strategies
2022 Stock Crash & Metals Super Rally | Michael Pento
Most Overvalued & Dangerous Market in History | Michael Pento
Summary:
Gold prices are going up, and so are…silver prices? We’ve been seeing an interesting shift in the precious metals, and the changes are getting more and more extreme as time passes. Silver leading is indicative of positive change for the sector going forward—tune in to hear more on what’s to come.
Highlights:
-Gold prices have gone up, but silver prices have also increased substantially
-The Fed is (allegedly) going to start raising rates in March, which triggered changes in the gold price. Every day, it has been making higher highs and lower lows
-The cup with the handle representation has been very telling
-Silver is the only commodity in 40 years to have not made a new all time high
-The move in gold yesterday was predetermined by the move in silver
-SILJ is now leading the move
-Silver leading gold is very positive for the sector going forward
Useful Links:
Financial Survival Network
JuniorMinerJunky
Gold Stocks in 2022 with Pro Mining Investor David Erfle
Back to the Drawing Board for Gold Bulls Explains Pro Mining Investor David Erfle
Summary:
Real estate has been one of the best performing asset classes, especially during the pandemic. Will it stay this way or pull back? Here to speak on this is Mark Hamilton, who talks about how the real estate markets have shifted in consideration of the pandemic, and where they’re going in the future. There are a number of real estate markets—all of which are doing different things. Rents are going up as a result of inflation, and have ultimately recovered what they lost. If you’re looking to get rid of a property, now is the time to get information on strategies about placement. Tune in to this episode to learn more.
Highlights:
-There are a variety of real estate markets doing different things
-From the pandemic, we’ve seen performance differ from market to market
-In March and April of 2020, Hamilton was worried that market values would worsen, but the markets went into paralysis for 90 days
-Interest rates went down, and people were on the move
-New and sleek, urban properties struggled
-In every market, rents climbed
-Rents are going up as part of inflation
-With hospitality, restaurants, and hotels, people are going to be careful
-In the Eastern markets (i.e. New York City and Boston), and people are coming back; rents have recovered most of what they lost
-With the work from home environment, people were able to leave high cost areas and relocate
-If you’re looking to get rid of a property, it’s a good time to get information on strategies about placement
-People sell their investment properties to avoid the headaches
-Some sponsors allow investors to contribute their real estate to a REIT
-As an investor, you need to make sure that you’re not buying real estate and then buying direct investments
Useful Links:
Financial Survival Network
Hamilton Zanze
Summary:
I sit down with Bob Hoye, one of the world’s leading economic historians, to discuss the current financial situation—especially with regard to the rise in commodities. These are trends that we’ve seen many times historically, and the percent gains for big cap sectors have been extraordinary. The future of gold looks promising as the markets continue to shift. Tune in for more great insight about what’s to come.
Highlights:
-The Federal Reserves and other central banks are probably the most aggressive they’ve ever been. We’re in a financial bubble that has experienced a boom in commodities
-Cobalt and Lithium are reaching new highs, as well as certain meats
-It’s been a selective, rotational market in terms of commodities
-The rise in commodities is partly attributed to the rise in business activity
-The boom in 2008 and 2011 for commodities was the biggest in 100 years
-The percent gains for big cap sectors have been extraordinary
-For the price of gold to go up, there would need to be a financial contraction
-Gold stocks don’t just go up for a few years; they out-perform the S&P
-At the top of the political and financial markets, there is a lot of misguided thinking
-Cryptocurrency hasn’t been stopped because leaders haven’t seen them as a threat, and are probably using them to their advantage
-The future for the gold sector once it turns is very good
-Markets will change, but people don’t
Useful Links:
Financial Survival Network
Charts and Markets
Financial Deflation Coming Soon with Bob Hoye
Markets, Uranium – Ross Clark. Fed, Battery Metals – John Rubino. Banks, Jets – Bob Hoye.
Summary:
I have Brian Leni on the show to talk about gold and silver as we kick off 2022, and prices seem to be holding up well thus far. Some of the weakness exhibited in 2021 presents a turning point that is to come, and Leni is optimistic about the precious metals this year. As inflation impacts the economy and individuals hear about rate hikes, gold becomes more sought after. We also take time to discuss cryptocurrency as a threat to precious metals, as well as the future of currency in a rapidly advancing world.
Highlights:
-Gold and silver prices are holding up better
-Last year, Leni thought that things we’re going to get better, but there was a lot of weakness
-In 2021, a lot of money was put into the system and had to be shaken out, which makes 2022 promising
-When the economy is bad, people tend to flock to gold
-Leni is optimistic about the precious metals in 2022 and believes they will make a comeback
-Even if the rate hikes happen, the market isn’t going to take it well; it also becomes a political situation
-On both sides of the coin, gold looks attractive as rates go up and people see signs of inflation
-Cryptocurrencies largely impact the metals market; crypto is marketed very well
-A lot of investors avoided the gold market during the pandemic
-We’re headed towards a digital/crypto world, and it is only a matter of time before paper money is gone
Useful Links:
Financial Survival Network
Junior Stock Review
How Rick Rule Times Junior Mining Stock Buys & Sells with Rick Rule & Brian Leni
Precious Metals Slam Down with Brian Leni
Summary:
More and more people are getting into real estate investing; it is extremely accessible and simple if you obtain the right resources and support. I speak to Robert Syfert from RealEstateInvesting.com, which is an amazing tool for getting into real estate investing—no matter what your current level of expertise is. They ask a series of questions to assess where you are and your overall goals, and from there can provide materials and private coaching to get you on the right track. If you’re considering real estate, now is the time to plan, learn, and start making moves that will help you be successful in this industry.
Highlights:
-Everyone is chasing real estate now—is there room for more people to join?
-Real estate needs more individuals, and it’s important to know what resources to use to inform yourself on real estate investing
-Syfert’s website allows people to actively invest and grow their companies. If you’re after results, this is a great option.
-They had a client who wanted to stop working all the time, and needed assistance hiring people. RealEstateInvestor offers private coaching and can find individuals who are ready to be hired
-You don’t need a big budget to be successful in real estate investing; you need time and an organized plan.
-On the website, you can fill out a form with a series of questions to help them gauge where you are and where you should start with investing
-A foundational mistake that people make is a lack of action. Other mistakes include neglecting to track (assessing what works/doesn’t). not hiring soon enough, and a lack of consistency/marketing
-A surplus of intelligence is not required to get into real estate investing. Rather, one has to be able to make the correct decisions and follow simple strategy accordingly.
-If you want to get started easily, look at properties in your area and call the owners to find out if they’re interested in renting. This is a great way to get in touch with landlords and other owners
Useful Links:
Financial Survival Network
RealEstateInvestor.com
Robert Syfert
Current Real Strategies for Success with Robert Syfert
Summary:
The keys to success are not always to be found in education, and here to speak on this is Sam Liebman. While he had particular professors that inspired him in his career, he learned much through observation and participating in the markets. He goes on to talk about the current state of the real estate markets. Ultimately, you need to understand the fundamentals if you are going to invest in something like real estate. Tune in to hear if this may be the right investment area for your background, and how you can get involved.
Highlights:
-Many times, educators are to blame for low success rates when it comes to educational assessments
-Liebman remembers a particular accounting professor that changed his perception on his career. He used examples and analogies to represent difficult concepts
-Banks now are probably going to be inundated with massive foreclosures
-If you can buy properties cheap enough because of foreclosures, you can perhaps rent them
-If you want to learn to invest in real estate, you need to understand the fundamentals
Useful Links:
Financial Survival Network
Sam Liebman
Summary:
As time goes on, it becomes more clear that the inflationary situation is already dire, and is only going to get worse. Here to speak on this is Peter Schiff, who sheds light on these circumstances. We got away with printing money for a bit because all of it went into the stock market, but it seems that the markets are overvalued and US stocks are not as valuable in an international context. For more information on these issues, be sure to tune in.
Highlights:
-The current reality is that we’re experiencing very bad inflation that is going to get much worse
-Every other currency has inflated as bad/worse than the dollar
-For a while, we got away with printing money because all of this money went into the stock market
-Our markets are grossly overvalued, and the world wants to get rid of US stocks
-We have large deficits
-The house of cards economy that the Fed built cannot withstand high interest rates
-With all of the Fed’s responsibilities, something has to give
-The Fed is concerned about the loss of wealth when the stock market goes down
-It’s important to own dividend paying, income earning stocks
-The best place to invest is outside the US—the value stocks are much better values
-It’s important to own other assets that do well with inflation (i.e. energy, metals, agriculture etc.)
-The Fed is not going to fight inflation; inflation is going to win by default
Useful Links:
Financial Survival Network
Peter Schiff & Brent Johnson Debate! (Dollar Predictions for 2022)
Peter Schiff: Irony and Lies…
Euro Pacific Capital
Summary:
We are approaching a new inflection point; there has been much discussion surrounding vaccines, inflation, and competing currencies. Here to talk on this is Gerald Celente. Our nation is finding itself in a very unique position as more mandates arise and uncertainties about the future are brought to light. Tune in for more on what’s happening and what’s to come.
Highlights:
-We are approaching a new inflection point
-There has been a lot of discussion around the vaccines—new strands are emerging, and vaccinated people are still getting infected
-The pharmaceutical companies have been profiting largely
-The organization Freedom, Peace & Justice has been providing religious-based vaccine exemptions
-Celente is still bullish on Gold, Silver, and Bitcoin since interest rates are only going to go up
-Cryptocurrency is ultimately going to undermine the dollar
-It is likely that higher officials have digital wallets
-At the last stages of an empire, it is the weak leading the weak
Useful Links:
Financial Survival Network
Trends Journal
Gerald Celente Twitter
Gerald Celente: The Technocracy’s Warped Reality Filter
Gerald Celente Just Issued This Shocking New Forecast About America
Freedom, Peace & Justice
Summary:
The markets are off to a rocky start this year—where are they headed? I sit down and chat with Erik Hadik to discuss some of the primary indicators of the markets, and trends that have alluded to the current circumstances. The market is following short and intermediate cycles, and the tax commodities index has also been key in analyzing inflation. Tune in to hear some of Hadik’s unique insights on the economy, and what’s to come in 2022.
Highlights:
-The stock indices have adhered to a couple different cycles Hadik has looked at
-The market is following what the short and intermediate cycles are saying
-Typically, fundamentals start to kick in a third of the way through the cycle; this is what we’ve seen from the Fed in the last year
-We may see rate hikes, and then a reversal of this trend
-We may also see short term things in the near future that change the inflation mindset a bit
-The tax commodities index helps in analyzing inflation; this demonstrates that we have another peak out on the horizon
-There are key price indicators with gold that need to kick in soon to pinpoint where the surge could go
-Silver is getting close to the point where it may leapfrog gold; as of now, it’s still in a lagging phase
Useful Links:
Financial Survival Network
ITTC
Eric Hadik – Latest Forecasts
Eric Hadik – Sideways Markets
Summary:
Wondering how to take initiative and create your own destiny? Mark Yegge comes on the show to address this, and gives five great tips on how to adjust your mindset for success. Having built and sold several businesses that yielded him a large profit, he has key insights on the necessary components required for successful investing. It’s crucial to eliminate emotions in your investments, educate yourself, possess a diverse asset portfolio, and implement a few other important practices. Tune in to find out how you can enhance your thinking and make decisions that will benefit you in the long run.
Highlights:
-Mark Yegge has built and sold several businesses for a substantial amount of money
-We discuss things you can start doing immediately to create your own destiny, which requires the proper investor attitude
-The mindset is 90% investing—navigating the complex economic landscape
-You must eliminate emotions in your investments and decision making, and start taking action
-There isn’t always enough curriculum built around financial literacy in schools, which makes it important to take time to learn these things
-Not everything is as it seems
-It’s good to have sets of alternative assets
-We won’t go away from using the dollar every day; cryptocurrency will merely become part of this equation
-With covered calls, Yegge’s company uses a market timing component
-With real estate, it’s important to have good credit
-With the stock market, it’s good to possess a diversification of assets
Useful Links:
Financial Survival Network
Destiny Creation
Summary:
How do you live your best life despite what is happening around you? I sit down with JP Pawliw-Fry to talk about dealing with adversity, especially as we dive into 2022. His vision emerged when he was at a Buddhist monastery and learned more about managing emotions and maintaining peace. We are generally as happy as we allow ourselves to be, so it’s highly important to look at your habits, relationships, and circumstances to know yourself better and gauge what changes may need to occur.
Highlights:
-Pawliw-Fry’s vision emerged when he was at a Buddhist monastery and learned about managing emotions and maintaining peace
-We oftentimes find ourselves suffering more than we need to
-People are generally as happy as they allow themselves to be
-50% of happiness comes from within, and the other 50% comes from the situation we find ourselves in; this drives behavior
-When you look at the science, happiness is more driven by intention
-If you notice that someone in your life is unhealthy, you need to decide if this relationship is serving you. Boundaries are extremely important
-It’s important to understand what you do under pressure—do you approach or avoid?
-How you start your day can also play a large role in your outlook on life
Useful Links:
Financial Survival Network
The Last 8%
Summary:
Can the Fed get us out of the mess they got us into? Here to speak on this is Octavio Marenzi, who thinks that we’re in for a rough ride in 2022; this will probably entail a stock market crash, and the Fed pouring money back into the market to save it. Wage and price controls will not necessarily be feasible in these circumstances, and it is difficult to predict exactly what is to come; we all become spectators in this situation. Tune in to hear more considerations about the future of inflation and how to prepare yourself.
Highlights:
-Can the Fed get us out of the mess they got us into?
-Marenzi thinks that the Fed will carry on doing what they’re doing until the market crashes, and start to pour money back into the market—it will be a very rough ride in 2022
-We will probably start to see a correction in 3-4 months
-The Biden administration is worried about inflation, and they are wary of industries hiking up prices. Inflation is going to be a huge political issue for them in 2022
-Inflation finds its way around price controls—people find other ways to trade
-The Fed will probably take the easiest past rather than the most effective one
-Price/wage controls won’t be very effective
-Nixon pointed out that we want to use problems to our political advantage—not necessarily solve them
-It’s smart to hold a larger cash balance at the moment, but this is still a risky strategy
-This monetary policy turns us all into speculators
Useful Links:
Financial Survival Network
Opimas
The First Thing We Do is Jail All the Speculators with Octavio Marenzi
This Ain’t Your Father’s Vietnam with Octavio Marenzi
Summary:
Brad Heavey, an experienced real estate investor, comes on the show to talk about REITs (Real Estate Investment Trusts). REITs are particularly beneficial because they provide a stabilized income stream. There are many categories of these trusts that all have different qualities and advantages, and a REIT with a diverse portfolio of properties is worth exploring, as it could have decent yields. These are low-risk areas to invest in, but they require research to find out what companies are stable and worth investing in. Tune in to hear more about how you can invest in REITs, and some of the best tips for entering this sector.
Highlights:
-A lot of people have decided to invest in REITs (Real Estate Investment Trusts)
-When Brad Heavey became an appraiser, his niche was appraising multi-million dollar homes
-As a landlord, collecting rent from a tenant can present issues. The upside of being a landlord is real estate appreciation
-The benefits of REITs are that you have a stabilized income stream.
-As an investor, it’s best to avoid the REIT categories that you don’t have a lot of knowledge on
-A REIT that has a diverse portfolio of properties is one that is worth looking into further
-It’s important to analyze how stable a company is
-Real estate is based on income and how solid that income is. This is why REITs are advantageous
-The pandemic has made people think about how we can protect our future financial position and start taking steps today
-REITs are a low risk area to invest in, but you have to do your research
-Many REITs have gotten a free ride because rates are so low, but things could be subject to change if rates start to go up rapidly
Useful Links:
Financial Survival Network
Your Future Financial Life (under construction)
Summary:
With 'The Great Resignation' continuing and labor shortages in many industries this may be the year you ask for a raise. Employers in businesses big and small are desperate to attract, and more importantly, retain employees.
Highlights:
-“While this is the time to ask for a raise, in many ways the same rules apply with regard to how to go about doing it," says Business Management Expert and owner of Business Management Firm '7 Stage Advisors' in Butler, NJ Carl Gould (see short bio below).
-Major chains like Chipotle and McDonald’s have been fast to provide higher pay and better perks while larger companies like Bank of America have raised analyst pay by 10-thousand dollars and the salaries of associates and vice presidents by 20-thousand dollars.
-Tips to ask for a raise include eliminating any fear you might have about asking, making a list of your accomplishments on the job, making an appointment with the 'decision maker' and not the person who cannot make it happen, and preparing answers to any objections in advance.
Questions addressed:
• Why is this the year to ask for a raise?
• How can you prepare for the meeting?
• Why do you have the upper hand?
• What could you ask for in lieu of more money?
Useful Links:
Financial Survival Network
7 Stage Advisors
Start Your Xmas Shopping ASAP with Carl Gould
Life in Post-Pandemic America with Carl Gould
Summary:
I sit down with John Rubino to discuss the taper-tantrum at hand and what’s happening with the tech stocks. Tech stocks are tanking at the moment, and we see historic trends repeating themselves. This puts the economy in a unique position, because we need to view cryptos as tech stocks; ultimately, these stocks need to tank in order for the Fed to tighten. Tune in for more.
Highlights:
-We’re looking at the taper-tantrum, cryptocurrency, etc.
-The Fed doesn’t have to raise interest rates now—they now just merely talk about it
-Tech stocks are tanking
-Early investors in the ETF stock are down, and a lot of things are being reversed out in a hurry
-Trends are repeating; just as things start to look positive, these stocks begin to go in the opposite direction
-If the higher rates never come, will anyone remember what’s happening now?
-A 25% drop in the NASDAQ could kill other industries
-The Fed should be fighting the 6% inflation, but thus far they have just talked about doing it
-When you shut down the global economy for six months and pour money into people’s pockets to be spent, this is a recipe for inflation
-Cryptos are also not holding up too well; it’s best to thing of them as tech stocks. Bitcoin, for example, is traded like a tech stock
-Tech stocks need to tank in order for the Fed to tighten
-It’s not a great time to be an aggressive tech stock investor
-We have to keep our eyes on the prize, which is Fed capitulation
Useful Links:
Financial Survival Network
Dollar Collapse
“We Need to Be Preparing for Something Dramatic” | John Rubino
Six Major Predictions for 2022 with John Rubino
Summary:
It’s important to look at trends in gold and silver to analyze what is to come and how you can prepare. Here to help us do that is Andy Schectman, and we discus what could possibly happen in 2022 in light of the Fed’s decisions to taper and hike rates. 2020 and 2021 were record years for the precious metals as people become increasingly cautious about leaving their money in the bank and fully relying on the dollar. It’s critical to consider whether the Fed will follow through or not with what they have said, and either way we need to prepare for the outcome; ultimately, buying gold and silver now is the best move. Tune in for more.
Highlights:
-Schectman is here with us to review what has happened and what is going to happen in 2022, specifically with gold demand
-Both 2020 and 2021 were record years
-Gold has lately been reserved for the central and commercial banks, and less for the public
-A lot of people are concerned to leave money in the bank
-The last 24 months have been incredible in terms of demand
-Price is a tool of misdirection; it is used to accumulate gold
-The public is being swayed towards other asset classes, such as cryptocurrency
-The Fed announced that they were going to start to taper, and the market thought this would be a short term situation
-People didn’t think the Fed would follow through, and it seems as if the market was caught off guard
-They discussed 8 rate hikes over the next 2 years
-The market has become addicted to stimulus and money printing
-Some believe that they will cut back completely on their asset purchases in March or April
-If we see rates rise up to 2%, you could theoretically see houses drop by 20% or more over the next 2 years
-There has also been much under-reporting with inflation
-It’s hard to determine whether they want to preserve the markets or the health of the dollar
-In the end, the Fed can’t outwit mathematics or the nature of things
-There are also record deficits taking place
-How serious is the Fed about following through? This is what needs to be considered
-Everyone needs to own gold and silver, because the dollar is at its end stages
-If the Fed follows through with their statements, there will be a massive awakening, and getting product will be nearly impossible
-Ultimately, the place to be is in gold; silver is a pathway to getting more gold
-Those who want to get into gold will be able to increase the amount of gold they buy if they get into silver right now
-The focus ultimately should be on gold because it’s a tier 1 reserve
-When silver corrects, it will probably overshoot
Useful Links:
Financial Survival Network
Miles Franklin
info@milesfranklin.com (Put ‘Financial Survival Network’ in the subject line)
Almost Sold-Out of Silver | Andy Schectman
Andy Schectman: Shortage in Silver Supply Will Cause Prices to Go Higher
Summary:
Do you ever wonder what happened to those that got into cryptocurrency—specifically Bitcoin—around ten years ago? I sit down and chat with Mark Basa, one of the crypto kings that set out to disrupt a centralized system in 2010. His current company (HOKK Finance) seeks to continue this decentralization, replicating a traditional bank that operates off of the innovations of the blockchain. Mark is a visionary who is thinking ahead to imagine the future of the economy in an age of intense digitization and exploration. Tune in to hear more about his current pursuits and ideas.
Highlights:
-Imagine if you had gotten into crypto/Bitcoin 10 years ago (and held onto some of it)
-Mark Basa is one of the crypto kings who no longer has to work and can live off of his crypto winnings
-Back in 2010/2011 when Mark Basa and his friends discovered crypto, they wanted to disrupt a centralized system
-They had a vision of what Bitcoin was going to do, and they pitched to a lot of traditional financial investors
-They are now rebuilding this concept with Ethereum
-There’s a lot of experimentation going on in the blockchain
-We don’t need all of the currencies, but a lot of them will stay because of the nature of people
-There are a few major chains that people are going to build decentralized applications on
-There is a scalability issue because so many people are using it
-Only a handful of chains will survive in the end
-When big tech creates their own coins/tokens, you have to look at what these companies are responsible for
-Blockchain is a cure and a disease to the centralized currency we have today
-Basa’s concern is how power is going to be shifted from centralized banks to blockchain
-At some point, there’s going to be a fall of power
-Bitcoin nodes are coming from a multitude of places, but China owns most of the world’s Bitcoin
-If the government tries to ban any of these currencies, people will find new ways to go about creating them
-HOKK Finance is building decentralized services that replicate a traditional bank
-NFTs are going to start to replace many things; one example is the contract
Useful Links:
Financial Survival Network
HOKK Finance
Summary:
I sit down with Gil Baumgarten to discuss where the market is heading in the coming year, and the ways that you can play it safely to mitigate risk and maximize returns. He contends that energy is probably going to continue to go higher into the new year, especially if demand spikes during the winter. Additionally, we’re seeing a rise in interest rates, threats to traditional real estate, and other drastic changes. Tune in to get the full scope of the future market.
Highlights:
-Where is the market heading in the coming year and years ahead? How can you play it safely to mitigate risk and maximize returns?
-Energy is probably going to continue to go higher
-Oil has advantages in terms of transportability, but you can’t transport Natgas as easily
-During winter, if demand were to spike, energy could go up very dramatically
-Rise in interest rates is putting a lot of pressure on tech stocks
-There has been a shift back towards value that has happened over the last decade
-There’s a lot of smooth sailing with regard to this shift
-Baumgarten in concerned about traditional real estate, and states that the effects of the pandemic will still be visible
-Weakness of office space rents
-If you see something you want on the market, it’s smart to buy it sooner rather than later
-ETFs are more tax efficient, and from an estate-planning standpoint, much more effective than mutual funds
-ETFs are better vehicles all around and have a spectacular tax advantage
Useful Links:
Financial Survival Network
Segment Wealth Management
The Reality of Inflation is Setting in with Gil Baumgarten
The Markets Are in Flux, Will They Crash? with Gil Baumgarten
Summary:
A skillset within corporate America that can greatly enhance chances of success is storytelling. Here to talk about the art of storytelling is Jason Jordan, who realized early in his career that the ability to tell a good story ultimately dictates how people perceive a product or idea in the business world. It is something that requires practice, as well as a keen sense of key takeaways and the emotional connections to be made while storytelling. Jordan gives vital tips for those seeking to improve their communication and marketing skills, so be sure to listen in for more.
Highlights:
-One skillset in corporate America that is lacking and can greatly enhance chances of success is storytelling
-If you can improve your storytelling skills, there’s no limit to what you can do with your career
-Here to talk about the art of storytelling is Jason Jordan
-Jordan was in technical sales for most of his career, and had a revelation early on about storytelling. He was giving a presentation on a new product and wasn’t able to use digital media for his presentation because of a technical difficulty. He resorted to telling stories about the product and why it is valuable, and this resulted in many people being interested in buying the product
-He has also looked at communication between generations, and how to get them to interact more effectively
-Even when you look at company reports, they are essentially telling a story, but with numbers
-If you can refine these skills, you will be at a major advantage
-You become a good storyteller by telling a lot of stories, so consistency and practice are definitely required to improve this skill
-It’s important to be able to share thoughts and ideas extemporaneously in our current world, and this requires practicing storytelling over and over again
-It’s also crucial to be able to formulate important takeaways from a story, and to have a very concise message
-Be sure to share the story or experience that best communicates that message. You need to build up the emotional aspects of the story so that the receiver can experience the story with you
-When you tell a story, many areas of your brain are engaged, and invoking emotion can allow the listener to retain the story long term
-Additionally, you need to take time to explain the answer to the main question presented to the audience
-It’s also helpful to focus on finding the angle of a particular story
-Storytelling personalizes things, breaks down barriers, and creates commonality and connection
Useful Links:
Financial Survival Network
FireStory
Jason Jordan Twitter
Summary:
Tapering is real, but the real question at hand is to what extent the Fed will be able to do this. I sit down and chat with David Scranton to discuss the Federal Reserve’s pursuit to raise rates, and whether or not this can be achieved in a calculated manner to avoid a potential recession. There are many factors at play that are making it more difficult to bring these rates up, and this will dictate how inflation looks in 2022. Tune in for more.
Highlights:
-People forget that inflation comes from an increase of demand and a decrease in supply
-Since it is coming from both sides, the tapering may push the demand down too far, creating a recession
-It’s important to get long term rates to rise before short term rates, but this may or may not work
-They may have to sell some of the bonds off the balance sheet, but this may not be the most viable solution
-All of the money going into assets is going to make it harder for the Fed to raise long term rates
-It’s almost too late to transition to a nation that saves rather than spends because of what is happening with inflation
-China is going through a property debacle in light of the real estate issues
-When we have inflation, currency is getting devalued—but this typically comes with the assumption that this is only happening in a few countries
-If this was happening in every country, it would be a wash
-With lower rates, the economy is reasonably healthy
-A year from now, it’s likely that the market is going to be higher—with the caveat being that the Federal Reserve raises rates too fast
-Another area of responsibility is ensuring the stock market never goes down, which is not feasible
Useful Links:
Financial Survival Network
Sound Income Strategies
What Will the Fed Do Next? with David Scranton
Why You Should Plan to Retire Young and Retire Rich – Robert Kiyosaki and David Scranton
Summary:
As we roll into the new year, we’re curious to see the economic results from 2021. Here to talk about how these may look as well as some predictions for 2022 is Michael Busler, a professor of finance at Stockton University. We’ll probably see an economic growth of about 5.5% with the unemployment rate down 4%. The downside, however, will be inflation, since prices went up about 7.5% in 2021. The Fed thinks that inflation is largely influenced by supply chain disruptions, but Busler talks about 4 other major factors that contribute immensely. You won’t want to miss these key points, so tune in for more.
Highlights:
-Busler is a professor of finance over at Stockton University in New Jersey
-The final numbers will likely show the economic growth of 5.5%, which is good, and the unemployment rate will be down around 4%. On the bad side is the inflation rate, which is likely to show that prices went up about 7.5% in 2021, which is the worst inflation we’ve had since 1980
-We’ll probably see about 4.5% growth this year. Unemployment will probably stay pretty constant. The major problem at hand is definitely inflation, and we’ll probably be looking at 8%
-The Fed thinks inflation will go away on its own around the middle of this year because they claim inflation is caused by supply chain disruptions. Busler believes that the supply chain isn’t significantly contributing to inflation
-Last July, the economy was operating the same as it was before the pandemic
The real causes of inflation:
-The Biden administration has declared war on fossil fuels; there are higher energy prices
-A large portion of the population is not returning to the workforce; 3.6 million have left and are not returning. To bring people back to work, we’ve had to raise wages significantly
-The federal government has been $6 trillion more than they’ve brought in in tax revenue in the last two years
-The federal reserve is allowing all of this to happen. In the past, they have shrunk the money supply and brought interest rates up.
-The true measure of inflation, according to Busler, is the consumer price index
-It’s important to analyze price increases in the goods and services we normally buy
-Once we’re in a wage price spiral, we run into serious problems
-The federal reserve needs to realize that inflation is a a major issue that needs to be resolved
-Rather, the Biden administration is dedicated to resolving real or perceived social injustices
-Normally, the stock market and housing go up in value more than the inflation rate. The stock market will probably do well for most of this year.
Useful Links:
Financial Survival Network
It’s Inflation, Stupid with Michael Busler
Taxing the Rich to Death with Prof. Michael Busler
This is our last Monthly Major Market Review with Mickey Fulp. After 10 years and 118 shows, we’re both tired and pursuing other interests. We will still be doing periodic podcasts on different topics, so stay tuned.
In December stock markets continued making new highs. Dow was up 5.4% 36338, 18.7% for the year. S&P 500 up 4.4% to 4766/26.9% for the year. Nasdaq rose a meager .7%/21.4% for the year. Russell 2000 was up just 2.1%/13.7% for 2021, TSX up 2.7%/21.7% for 2021, and TSX.V was flat for December and up just 7.3% for 2021. VIX settled down to 17.2. The Dollar was off .7% to 95.66 but up 6.4% for 2021. The Euro was up .6% to but down 6.9% for the year. 10 Year yield was flat and up 61.7% for the year. Bitcoin took a hit closing at 46214 down 18.9%, but up 59.7% for the year.
Metals were all down for 2021. Gold was up 3.1% to 1830 but down 3.6% for the year. Silver added 2.0% to 23.30 but was off a major 11.6% for the year. Pt added 2.9% for the month to 963 but was off 9.2%. Pd added 10.2% for the month to 1845 but was off 21% year over year. Copper gained 9.1% to $4.43 but gained an impressive 25.9% in 2021.
Energy was a big winner in 2021. WTI added 13.7% to 75.25 and added 55.1% for the year. Brent followed suit up 12.2% to 79.2 and was up 52.9% for the year. Natgas skidded 18.4% to bring it down to 3.73 but was up 46.9% for the year. Uranium lost 7.3% for the month to 42.25 but was a big winner for the year up 39.5%. Sprott along with other funds are still adding more uranium to their stash.
Ratios: Au:Ag 78.5, Pt:Au .53, Pt:Pd .52. BRT:WTI 1.05, WTI:HH 20.2, and AU:WTI 24.3.
Summary:
Are you looking for ways to improve and be happier in 2022? I sit down with behavior psychologist Kurt Nelson to talk about the simple practices you can implement to make your life more enjoyable and fulfilling. There are a multitude of behavioral biases that influence how you think and act and the subsequent emotions that occur, so it is important to arrange your personal environment in a way that allows you to thrive. By focusing on health, gratitude, and more compassionate relationships, you can tackle the year with motivation and positivity.
Highlights:
-Kurt Nelson is a behavioral psychologist and comes on the show to talk about how you can make your life happier in 2022
-There are so many behavior biases that influence how you think/act, and the subsequent emotions that occur
-The ‘fake it until you make it’ phenomenon is actually very true to a certain degree
-Beliefs about ourselves have a large impact on our own abilities
-It is important especially for children, teens, and young adults to have their own sense of self/what they want as they get older
-One thing we can do as we ease into the new year is focusing on what will make us healthier—this can include getting more adequate sleep and eating well. It’s important to set up your environment to help you do this
-We are more motivated when we feel like we have control over our lives and when we see progress
-If you’re feeling unsure/uneasy, it can be helpful to jump right in and start—once you start, it’s easier to keep going
-Keeping a daily gratitude journal can help switch the way that you process your days; your brain starts searching for positivity
-It’s important to approach people and relationships with compassion, because it can re-focus the way that you view them
-Try to be someone that cultivates positivity and brings what you would want to a group
-Take ownership of where you are and why you’re not where you want to be, and think of what you can do to get there
-Set your environment up for success
-Remember that everything starts with attitude
Useful Links:
Financial Survival Network
Behavioral Grooves Podcast
Summary:
Gold and the rest of the precious metals have been fluctuating sporadically over the last few weeks. What do commodities tell us about the year ahead? Here to talk about this is Craig Hemke from TFMetals, and he emphasizes that the metals in particular allude to the intensified price controls we should expect in the future amongst other economic risks. For more information on what’s to come, be sure to tune in to this episode.
Highlights:
-What’s coming for gold in 2022?
-As we exited last week, the daily chart looked pretty good with the shares and the metals were moving up
-This did not carry into this week, and gold has continued to drop and bounce back up a bit
-We already have stealth price controls going on with commodities
-The metals have been the analog for how prices are going to be controlled in the future
-The credit impulse levels have pulled back
-On a long-term historical basis, agricultural commodities have been breaking out
-Food price inflation has also been quite noticeable
-We’re seeing real negative interest rates
-China has bought up more than half the world’s food supply in preparation for harder days ahead
Useful Links:
Financial Survival Network
TF Metals Report
2022 Gold Forecast – “A Heck of a Year Coming Up” | Craig Hemke
Gold & Silver Spike Amid Worst Inflation in 30 Years | Craig Hemke
Summary:
This year ultimately signified the return to non-normalcy in economic terms, and I sit down with Jerry Robinson to discuss some of the great things and tough things that came out of 2021. We have seen that inflation has a large effect on how many stocks/investment sectors are performing; moreover, it’s more important than ever to invest in high quality assets and aim for diversification. Tune in for more on what to expect in 2022 and how to prepare.
Highlights:
-This year signified the return to non-normalcy
-It has been both a great year and a tough year
-The Fed recently doubled its taper
-It’s important to understand what exactly inflation is; it is not when a merchant chooses to raise prices
-When the inflation headlines began to accelerate, gold and silver failed to respond—which is quite surprising
-Tesla is a huge play on the future
-Crypto is probably not going to peak until Q1 or Q2
-Commodities will probably have more upside in 2022
-It’s important to invest in high quality assets
-We saw the largest intervention in 2021 due to fear of a financial collapse
-We’re seeing a lot of new investors—particularly people that have never witnessed a stock market crash
-Real estate is a great space to be in, and it’s especially good to have diversification of investments as we enter the new year
-If you can leverage an asset and get a cash flow that reacts to inflation, then the inflationary environment can be beneficial for you
Useful Links:
Financial Survival Network
Follow the Money
Three Forever Stocks with Jerry Robinson
“They Are Destroying the Dollar” | Jerry Robinson
Summary:
To reflect on this past year and think about the future ahead, I have Robert Kientz on the show to discuss what’s happening and where we’re going from an economic standpoint. There’s few ideas about what the long-term consequences of inflation should be, but regardless of the persisting global health issues, we have been headed down this road for quite some time. There are a number of things to expect whether the health crisis gets resolved or not—tune in to hear more.
Highlights:
-Robert Kientz comes on the show to wrap up the year in terms of what’s happening and where we’re going
-The global health issues seem to be reaching a crescendo
-Many fiscal, budget, and spending limits have been removed
-There’s no thought anymore for what the long-term consequences should be, especially around inflation
-Only 50% of millennial that attend universities find jobs in their fields
-We have also started to ask where income really comes from
-Even though the pandemic largely affected the economic situation, we were already headed there anyways
-The Fed will have to choose between the beginning of the debt collapse or printing more
-You can protect yourself by not getting into too much debt and having assets
-If we move up one more percentage point, we will probably experience a big crash
-There are some winners in Bitcoin and the stock market, but most people aren’t winning
Useful Links:
Financial Survival Network
GoldSilver Pros
GoldSilver Pros Youtube
Rob Kientz Twitter
Summary:
As the Fed balance sheet approaches $10 trillion, Rob Kirby and wonder how much higher this number will go. We sit down and discuss the US debt situation, which doesn’t look as if it’s going to improve any time soon. With the US Treasury increasing the debt limit and struggling to manage the circumstances, we are essentially living on borrowed money and time. Tune in for more insight.
Highlights:
-The Fed balance sheet is approaching $10 trillion—how much higher can it go? We’ll probably find out in the near future
-The US Treasury also increased the debt limit last week
-The Fed and the treasury may encounter difficulty issuing new debt, and the upcoming debt auctions will probably be messy affairs
-We’re living on borrowed money and time
-The debt problems in the Western world are getting worse as more money gets created
-Standards of living have improved, but at the cost of our future
-Debt jubilees have historically been a fixture within finance, but no one wants to talk about the inevitability of issues that arise with this
-Precious metals have been prevented through signaling trouble
-The price of Bitcoin surpassed Gold back in September of 2020, and still exceeds it today
-Cryptocurrencies now are doing what the metals would have done
-The manipulations we see in markets are a form of wage and price controls
Useful Links:
Financial Survival Network
Kirby Analytics
Dollar Has Stage 4 Cancer – Rob Kirby with Greg Hunter
Jaw-Dropping Move Coming Soon | Rob Kirby
Summary:
When we experience things like inflation, people tend to try and live in the moment—enjoying time away from work and stimulus checks. This cannot last forever, and today I chat with John Rubino to discuss what these inflationary circumstances mean for the future. It seems that the stock market is precariously over-valued, and will probably not thrive in 2022; gold, on the other hand, does well in these circumstances. Digital assets are also becoming increasingly prominent, which causes us to question how we view wealth and assets in general. Tune in for more.
Highlights:
-During the Great Depression, especially in Paris, people started living in the moment rather than merely striving for success
-This attitude is cyclical in human society
-A lot of people don’t want to return to work after having been out of the workforce for so long
-The one part of inflation that may not be transitory is wages—they’ll inevitably go up
-The metaverse is definitely a trend for the coming year
-In these circumstances, gold goes up and stocks go down
-The stock market is precariously over-valued right now
-Stocks probably won’t have a great year in 2022, but gold does well in an inflationary environment
-Assets are going digital. According to Rubino, the people investing in digital assets right now already have their physical needs taken care of. When this becomes compromised, people start re-focusing on the real
-RV sales have also been setting records every month all 2021
-Booming RV sales used to be a crash signal
-Wage and price controls are also showing through with commodities
Useful Links:
Financial Survival Network
Dollar Collapse
Real Inflation Closer to 12% with John Rubino
The Feds Doubling Up, Newly Created Currency, Extremely Negative Interest Rates with John Rubino
Summary:
Simple things like day-to-day shopping trips make us aware of the fact that supply isn’t caught up with demand; worker shortages and inflation are increasingly changing many things for consumers and people.I sit down and chat with George Gammon to discuss these shifts that have historically altered the social order. Ultimately, we see that it is important to view wealth in terms of goods and services rather than in terms of tangible money where its value is constantly changing. Tune in for more.
Highlights:
-Many shelves are empty in Whole Foods; supply isn’t caught up with the general demand
-This is what happens as a result of lockdowns and people staying home—there are labor shortages, and this disrupts the supply chain
-This also causes prices of everyday goods to go up
-Ultimately, these effects make us more aware of the current state of the economy
-These types of changes in the past gave way to the dissolution of the nuclear family
-Inflation undermines the underpinnings of the social order
-People fail to realize that prices can also crash up
-It’s important to look at wealth as goods and services rather than just dollars
-Purchasing power is the ultimate arbiter of your true wealth
-Inflation also leads to reduction of the savings rate—there is less incentive to save
-People have different conceptions of wealth which creates disagreement around whether the government should distribute more money or not
-Wage and price controls are inevitable
-Price control appears to be the path of least resistance, especially in terms of politicians getting re-elected
Useful Links:
Financial Survival Network
George Gammon YouTube
The Rebel Capitalist Show
Live Stream Q&A with George Gammon
The Day Capitalism Died – Robert Kiyosaki, Kim Kiyosaki and George Gammon
Summary:
A lot of people want to purchase homes, but don’t have the credit, or are possibly newly self-employed. I sit down and chat with Chris Prefontaine to look at an interesting variation of real estate investing that involves a rent-to-own approach. If you can’t buy now, this is a very effective way to get into the market. Tune in to hear more about what rent-to-own entails, and how you can easily get involved.
Highlights:
-A lot of people want to buy homes but don’t have the credit, are self employed, etc.
-Chris Prefontaine has been a real estate coach for 30 years and helps people figure out how to navigate through this process
-If you can’t buy now, it’s best to go through a solid rent-to-own program
-If you’re a buyer/investor make sure you’re going through an underwriting process at the beginning and have a mortgage plan ready
-You need to also have the buyer mentality
-With rent-to-own, buyers have to go through the qualification process, (the buyer may need credit repair, or may be self-employed)
-You enter the home as if you bought it, and you take care of repairs
-Prefontaine helped create a concept called “Three Pay Days”
-They schedule monthly principal payments with most deals
-If you’re brand new, the lease-purchase method is the way to start
-Prefontaine’s lease purchase agreements are already set up and only require a $10 deposit
Useful Links:
Financial Survival Network
Smart Real Estate Coach
Summary:
Lawrence Leopard and I sit down to discuss things related to currency, inflation, and economy—which are fluctuating each day. We’re seeing digital money that sits alongside hard assets like gold, and the growth of unprecedented currencies that cause one to question the traditional notion of wealth and investing. Ultimately, we find that we are living amongst a broken monetary system that only becomes more complicated as time goes on. Tune in for more.
Highlights:
-Leopard is passionate about ‘honest money’ and hard assets—gold and silver
-Bitcoin is an important innovation
-The historic problem with creating electronic currency was the inability to control the supply
-We now have a scarce digital form of money that sits alongside gold; there is a place for both
-With Bitcoin the one crucial factor is not losing your key
-A lot of the coins have technological applications
-The world has never really seen a form of money with a hard cap
-Gold was the hardest form of money before Bitcoin came around—but even this asset gains supply annually
-From the perspective of economic historians, inflation has been occurring in phases for a long time
-More apparent recently has been the unavailability of products
-The pandemic has brought to light how broken the monetary system is
-Printing money does stimulate activity, but it also increases debt and inevitably leads to inflation
-The Fed is trapped, and may not be able to wriggle out of this trap
-Inflation benefits asset holders, but not the working or the common man
-Before 1913, there were no income taxes
-The average American suffers greatly in this system
Useful Links:
Financial Survival Network
Equity Management Associates
Lawrence Leopard Twitter
Summary:
What’s happening with the financial markets? Here to speak on this is Brad Williams, who sits down with me to discuss the current economic situation. In consideration of the inflationary circumstances, the economic downfall will occur when the Federal Reserve has to mirror the inflation rate with the cost of money. We’re experiencing hyper-leveraging while embarking upon uncharted waters—seeing higher government debt than ever before and low interest rates. Tune in to hear more on what’s to come.
Highlights:
-It has been a bit of a bloodbath on Wall Street
-It’s hard to find good income producing real estate at an attractive cap rate, but it’s still a leveraged investment
-Is inflation transitory or intransigent? It’s both
-As long as interest rates remain where they are now, the stock market is going to remain an attractive place to put your money
-The market/economy downfall will occur when the Federal Reserve has to mirror the inflation rate with the cost of money
-Hyper-leveraging will cause this downfall
-It’s important to stay ahead of inflation
-We’re in uncharted waters because we’ve never had the amount of government debt we’ve had now with very low interest rates and a Congress that spends frivolously
-We’re getting to the end-game—you can’t inflate anymore or raise rates to control inflation
-The Fed is in the business of supporting the stock markets and the large banks
-If we keep doing what we’re doing, other countries can look ahead and other factors will come into play that will change the dynamic of investing forever
Useful links:
Financial Survival Network
Time to Be a Defensive Investor with Brad Williams
Announcing PonziCoin and Infinite Returns with Brad Williams
Summary:
There’s two sides to the debate about whether inflation is here to stay, and I talk to Jordan Roy-Byrne to hear his opinion on this topic. He points out that the market action we’ve been seeing alludes to the fact that inflation has peaked; long term rates have been coming down, bonds have rallied, and the metals are trading below their previous highs. We have to look at each year relative to the previous, so next year we may experience disinflation—where we still see inflation, but at a decreasing rate. Tune in for more.
Highlights:
-Is inflation here to stay? There’s two sides to this argument
-Natgas has come down, uranium has come up…what else is ahead?
-Long term rates have been coming down in recent months and bonds have rallied
-If you look at gold and silver, they’re trading well below their previous highs, and the same is true with the mining stocks
-Oil has probably peaked for the time being
-The market action screams that inflation has peaked
-Next year we may see disinflation
-Commodities have peaked as well
-Gold and silver have been correcting for 17 months now and remain pretty weak
-Every time the Fed has tapered in the last 7-8 years, real interest rates start to rise
-The picture in the coming months is not bullish for precious metals
-Inflation is here to stay, but it’s going to come down to a lower level next year
-They have to keep the whole system going—it would be catastrophic to let everything fail
-Each year is a comparison off of the previous one
-Oil and energy prices are big drivers
-We have to consider how long the Fed rate-hike cycle will last and what it will look like
-There is risk of a correction this coming year, but the market is not at risk of a crash just yet
-Precious metals take off when interest rates are higher
Useful Links:
Financial Survival Network
The Daily Gold
The Precious Metals Bull Market Has Not Yet Begun with Jordan Roy-Byrne
Real Gold Bull Market at Least 12-Months Away Says Jordan Roy-Byrne
Summary:
We’ve been experiencing some intense gyrations in the markets and hearing about how inflation is impacting particular markets. I interview Chris Vermeulen to further discuss this topic, and this phenomenon seems to have a large impact on the precious metals. We’re at an inflection point with the metals, and the whole sector has been out of favor for a year now. In the midst of the late stages of a stock market top, the precious metals start to out-perform other sectors. It also looks as if bonds and the US dollar could hold up pretty well. Listen in for more on what to expect in the markets.
Highlights:
-We’re seeing lots of crazy gyrations in the markets
-We’re being advised not to worry about inflation, but that it’s hear to stay
-We saw gold pop and take off—gold is a good play for inflation. Yet, this was short-lived
-The Fed said they don’t see anything outside of the norm—which everyone bought into
-They did also mention not being prepared for cyber-attacks on the financial industry
-We haven’t seen a huge crisis yet in cyber-security on a global scale
-We’re at an inflection point with the metals—the whole sector has been out of favor for a year
-Gold and miners are all putting in a major bottom
-We’re in the late stages of a stock market top, and this is when the precious metals start to out-perform other sectors
-Oil recently broke to the downside
-Bonds could hold up pretty well, and the US dollar has been holding up exceptionally well
-When there is fear, people move to the US dollar
-Hopefully things will fade back down in the next few years in terms of price
Useful Links:
Financial Survival Network
The Technical Traders
Are We in a Classic Santa Claus Rally? - Chris Vermeulen
Market Charge Higher Likely to Last Into New Year with Chris Vermeulen
Summary:
In the current economy, we’re seeing employee shortages within a number of important jobs that assist us in day-to-day life. Why is this happening, and what are the implications? I sit down and chat with Aaron Clarey to discuss some of the industries that are taking hits. It seems that we’re missing a generation of laborers; individuals of the current generation more frequently opt to get university degrees and take jobs that are outside the realm of hospitality and manual labor. Our economy is seeing major shifts as a result—tune in to hear more on this.
Highlights:
-Aaron Clarey had some major projects he finished this year, and he just built a house
-There are not a surplus of skilled laborers available for building houses
-Building a house requires that you know how to do many things on your own (i.e. wiring lights, installations, etc.)
-Many people are opting to work in other jobs outside of the realm of hospitality, manual labor, etc.
-We’re missing a generation of laborers
-The labor shortages are probably going to become more and more acute as time goes on, and we’ll have to learn to fend for ourselves to some degree
-Many people think that particular jobs are beneath them, especially if they have received a university education
-It has never been easier for an industrious person to move and find employment fairly quickly
-There’s not a lot to buy right now because many products are out of stock
Some of the employment shortages:
-Tire technicians
-Carpenters
-AC repairmen
-Restaurant kitchen workers
-Skilled tradesmen
-Fast food workers
-Big box store employees
-Miners
Useful Links:
Financial Survival Network
Captain Capitalism
A**hole Consulting
The Supply Chain Ain’t What it Used to Be with Aaron Clarey
How to Stay Happy in an Insane World with Aaron Clarey
Summary:
We’re always wondering how to maximize and get the most out of your retirement benefits. I sit down and chat with Pam Prine about how to do so. Prine has been a financial advisor since 2003 and has observed the changing markets. By assessing your risk capacity and tolerance, you can more effectively management your retirement funds. Tune in for more information.
Highlights:
-How can you maximize/get the most out of your retirement benefits?
-Prine has been a financial advisor since 2003—seeing accumulation and down-markets
-Prine helps clients reduce the taxes they pay in the long term
-Risk tolerance is associated with a feeling, and it’s important to understand your risk capacity
-There are tools you can use to assess your risk
-There is legislative risk with certain assets (i.e. crypto)
-Trying to time the market is extremely difficult; remember that there is no bad time for a good investment
Useful Links:
Financial Survival network
Keystone Capital Management Group
Summary:
In the world of digital currency, NFTs are becoming both a popular and indispensable part of the blockchain. I interview Noble DraKoln, who has a firm idea of how NFTs function and why they are becoming so prominent. They are essentially a digital tracking mechanism for ideas, and NFTs allow you to display ownership of an asset on the blockchain. This contributes to the idea of the meta-verse, which DraKoln also explains. Tune in for more insight on cryptocurrency and the digital realm.
Highlights:
-NFTs are becoming a more and more popular and indispensable part of the blockchain
-NFTs represent showing ownership of an asset on the blockchain. The ownership can represent physical/digital items or ideas
-They are essentially a digital tracking mechanism for ideas
-Digital art has also become extremely valuable—a direct example of this is BEEPLE
-Everything going on in the NFT space has been documented
-The meta-verse already exists to some degree, but it emphasizes the idea of having a prominent digital life where you can make money within it
-DraKoln advices that if Bitcoin is cheap, buy it.
-Ethereum has already supplanted Bitcoin as the #1 winner in the marketplace, but in terms of appreciation potential it looks slightly different
Useful Links:
Financial Survival Network
Accredited Investor Journal
Crypto Robinhood with Noble DraKoln
The New Roaring 2020’s with Noble DraKoln
Summary:
The Fed seems to be doubling up on their tapering—but what is going on behind the scenes? I sit down and chat with John Rubino, who breaks down what is happening with inflation and how different economical components and markets are being affected. We’re seeing massively negative interest rates, and we’re merely dumping less dollars into the new market; buying government bonds with newly created currency. Additionally, we see gold as a barometer within the economy, and automobile companies/other commodities seem to be doing well in these conditions. Tune in for more.
Highlights:
The Fed is doubling up on their tapering
-They planned to buy fewer government bonds going forward (even though they still are)
-We are seeing massively negative interest rates
-They’re just dumping less dollars into the market going forward
-They’re buying government bonds with newly created currency
-Gold is the perfect barometer
-Used cars are going for more than they would new
-Car companies (and commodities in a similar boat) benefit from inflation
-Automobile inventories are getting more valuable
-This has been a great environment for the gold miners, but costs are inevitably rising
-Buying out houses and renting them out to the masses has been part of the inflationary play
-In any crisis, there are winners and losers; if you get ahead of the trends, you can be a winner
-Shorting something has unlimited risk—you have to get the timing right
Useful Links:
Financial Survival Network
Dollar Collapse
All Your Stimmies Belong to Us, and More Black Friday Insights with John Rubino
Here’s What Will Spook Markets | John Rubino
FPX Nickel’s CEO Martin Turenne joined us for a sponsor update and to discuss the company’s new major nickel discovery at the Van Target. So far, each hole drilled has shown significant mineralization and there are more drill results on the way. They’ve scored some of the strongest nickel intercepts ever found in the Decar District. Their Baptiste Project is already the world's third largest undeveloped nickel project and as Martin has stated before, Van could be bigger, much bigger.
Like copper, the price of nickel has been strong. Supplies are diminishing, while demand has been increasing. Nickel is an essential component in EV batteries as well as production of stainless steel. Martin makes a compelling case that the political will now exists to exploit these much-needed resources. They’re essential for the furtherance of governments’ low carbon ambitions.
Presently, Indonesia is the Saudi Arabia of nickel and it's all going to China. It’s not clean nickel, which companies like Tesla are prioritizing. The West requires its own supplies and there’s no better place to start producing than in Canada. While global investors have been giving resource stocks the cold-shoulder, Martin is unperturbed and believes that the tide will soon turn. And he intends to see FPX take a leadership role in the sector’s resurgence.
Company website: www.FPXNickel.com
Ticker Symbols – OTC: FPOCF – TSX.V: FPX
Silver One Resources' CEO Greg Crowe came on for a sponsor update, to provide us with a recap of 2021's highlights and to lay out the path for 2022. Crowe believes that the current low silver prices have created a buying opportunity in Silver One's shares. Its present focus is at the flagship Candelaria, Nevada based project, where they intercepted 1,070 g/t Silver and 1.48 g/t Gold over 4.57 meters.The goal is to keep expanding the resource, as well as pursuing a potential porphyry deposit in another area of their property. He also has high hopes for i's two other projects, Cherokee and Phoenix.
Silver One is well funded, with over CAD $9.3 million in their coffers, plus another cash installment due from the sale of their Mexican projects. Crowe left open the possibility of expanding the 2022 drill program which could require additional funding, but for a good cause.
2022 could very well be the pivotal year for Silver One Resources and its efforts to restart the Silver State's richest mining district.
Website: www.SilverOne.com
Tickers: OTCQX: SLVRF - TSX-V: SVE - FSE: BRK1
Summary:
In our economy we’re dealing with intransigent inflation that doesn’t look like it’s going to disappear any time soon. I chat with global macro-economics expert, Gordon Long, to unpack some of these inflationary trends and discuss how we can better understand them. The global economy is slowing, and we’re experiencing crises as rates increase. Long points out how inflation ultimately turns things into assets that you never formally perceived as assets; essentially, there is potential in the unexpected. Tune in for more insight.
Highlights:
-Inflation is here to stay; we’re dealing with intransigent inflation. How do you make money during these inflationary times?
-The PPI numbers are at 9.6%
-The global economy is slowing
-Long is worried about a mass monetary mistake
-Every time we raise the rates, we experience another crisis
-As an investor, if you can go into debt with an income producing asset, you can come out higher
-Inflation turns things into assets that you never formally perceived as assets
-What else can you do to get ahead of stagflation and inflation? Long says it’s important to remember that we’re going to experience both inflation and deflation
-The focus shifts back and forth from inflation to deflation
Useful Links:
Financial Survival Network
MATASII
Monthly Macro Video with Gordon Long – June : Rate hikes, Brexit, Yield Curve
Casino Banks and Gold Rigging Video Discussion: Mish and Gordon Long
Summary:
When you have a valuable strategy, real estate investing can be extremely profitable—bringing in a revenue that can set you on the right track. I interview real estate investor and author Michael Bash to discuss the methods he has used to attain success in this industry; he largely attributes this success to re-zoning land in growing regions to build properties. Bash has a number of tips that can help you thrive in real estate investing, and you won’t want to miss them. Tune in to hear more.
Highlights:
-Some people see real estate investing as a gamble, but Bash sees it as profitable
-He started out by looking for land where he could build apartments and rent them out
-He put a down payment on a piece of land and re-zoned this area
-All that he initially invested was $15k total
-When trying to get a project approved it’s important to show people that it would benefit a community
-Bash is retired now but considers getting back into re-zoning
-Re-zoning industrial to residential is the best tactic
-All you need to do is check and see what cities are experiencing growth
-Re-zoning can take around 90 days in a small town, but in a may city you may wait 3 years
-Once the re-zoning is approved, your profit is exponential
-It is easiest to get land in small counties/cities re-zoned
Useful Links:
Financial Survival Network
Million Dollar Miracle by Michael Bash
Summary:
There are a number of factors that contribute to the increase in gold prices, so I sit down and speak with Todd “Bubba” Horowitz to discuss some of the possible contributions to this phenomenon. The Fed’s decision to increase interest rates has played a large role in this, and so have the decrease in industrial production and the overall decline of currencies. Tune in to hear more about why this is happening, and what to expect in the near future.
Highlights:
-The Fed is going to increase rates on Wednesday most likely
-Typically a raise in interest rates isn’t the best thing for precious metals
-Energy is twice as much as it was a year ago
-Industrial production around the world is going down
-The protracted decline of the Euro also plays a role in this
-With crypto, people are showing that they don’t believe in the value of paper money anymore
-We’re starting to see increased M&A activity in the sector
-This year, 20 times more money went into the stock market than the last 20 years combined
-Gold is one of the steadiest assets, even with its ups and downs throughout history
-We are showing weakness, which is a concern in the short-term
Useful Links:
Financial Survival Network
Bubba Trading
U.S. Economy Headed for Disaster with More Powell, Warns Bubba Horwitz | Stansberry Research
Everything is Going Up in Price with Todd “Bubba” Horowitz
Summary:
The markets have been tumultuous in all aspects, and I catch up with Eric Hadik to dive further into this topic and evaluate the trends. In consideration of stock market trends, these markets haven’t necessarily followed what we would normally expect, and the timing of the fallouts have come as a surprise. We have an interesting year ahead that will probably defy the expectations, so tune in to hear more about what could possibly be in store.
Highlights:
-Markets have been tumultuous—stock markets, interest rates, oil, etc.
-The stock market has been in the news a lot recently; the most important thing is to understand the bigger picture/1-2 year outlook and where we are within that
-For many years, there has been a consistent 16 month cycle in the stock market as well as 8 month cycles, etc.
-Throughout 2021, Hadisk thought we would see an initial peak in the May/June timeframe and a more significant peak in January/February of 2022
-A lot of individual stocks have already set peaks and are in a drawn-out topping process
-In the peak of January and February, even the stronger stocks will turn down
-The fallouts aren’t necessarily surprising, but the timing of the fallouts are
-Hadisk tries to avoid analyzing one market with a correlation to another market
-Gold and silver have pulled back and are in the process of making secondary lows, and some correlation could potentially help them
-Strength in the dollar is one of the factors that is weighing on gold, especially in light of inflation
-What do we make of the highs/low with the metals and energy markets? This has been a recovery and then some from the wash-outs of early 2020
-We have an interesting year ahead of us that will probably go against the contrary expectations
-There could be equilibrium, but if rates go higher and inflation goes down there could be a reverberation
-If we don’t see expanding growth, traders will get disappointed by numbers that are status-quo
-Steady growth is seen as a negative based on future expectations
Useful Links:
Financial Survival Network
ITTC
Summary:
In the search for strategies to earn income with the lowest possible risks, we look to David Jaffee, who has been involved in options trading for ten years. By selling options, you can sell options for some of the biggest companies in the world and earn a premium that earns money and reduces risk. Tune in to hear tips from an experts and find out about how you can get involved.
Highlights:
-We’re always looking for strategies to earn income with the lowest possible risks
-David Jaffee has been trading options for 10 years, and a lot of people ask for help navigating options trading
-By selling options, you turn yourself into a casino/insurance company and have the ability to sell options of the biggest companies in the world
-You have the potential to earn premium and keep repeating the process/reduce risk
-If a trade gets challenged, Jaffe assumes that it’s oversold
-It can be instructional to look at some of the losing trades—Jaffe describes one he experienced with PayPal
-The actual move in a stock can sometimes exceed the expected move, and this is when option sellers get hurt
-It is always best to trade low
-The minimum you need to start selling options is typically $2000, as recommended by Jaffee
Useful Links:
Financial Survival Network
Best Stock Strategy
Best Stock Strategy YouTube
Summary:
Looking to defer taxes while investing in a high growth area? I sit down and chat with Ashley Tison, who talks about benefits of investing in opportunity zones, which were created by the Tax Cut and Jobs Act in 2016 to spur economic investment into historically under-invested areas. The incentive is that you eliminate depreciation recapture and capital gain, and get to defer taxes on the gain until 2026. Tune in to hear more about the strategy behind opportunity zones and how you can effectively invest.
Highlights:
-Opportunity zones were created by the tax cut jobs act of 2016 to spur economic investment into historically under-invested areas
-There were 8700 of these across US territories
-You get to defer taxes on the gain until 2026
-There are also incentives after you’ve held it for ten years—you can take out the growth of this investment tax free
-You eliminate depreciation recapture and capital gain
-In turn you neg a negative interest loan from the government
-Opportunity zones are a great tool for generational wealth building
-You can’t defer after tax dollars or pre-income tax dollars
-It’s not about the gain you have now, it’s about the gain you think you’re going to have down the road
Useful Links:
Financial Survival Network
OZ Pros
We sat down with sponsor Trillion Energy Corp’s CEO Arthur Halleran. He is very optimistic. Energy prices are escalating, especially in Europe and Asia, right in Trillion’s backyard. Revenues from their Cendere oil fields have increased dramatically and natural gas prices have risen from just under $6 per mcf to $10. The cost of production is quite low, hovering around $0.11 per mcf; the pay-off from the SASB field will be substantially higher than originally anticipated. While project financing has been drawn out, there’s a light at the end of the tunnel. Once the company is re-domiciled in Canada (US trading will be unaffected), Art assures us that financing will happen soon thereafter. Then wells will be spudded and that means that cash flow is within reach. All of which is great news for shareholders like us.
www.TrillionEnergy.com Tickers OTC: TCFF — CSE: TCF
Unless you complete your holiday shopping before Halloween, you might be enticed by Black Friday and Cyber Monday deals. These tips may help you save time and money.
Beat the crowds. If you shop early in the season, items are more likely to be in stock and you may face fewer shipping delays. Sales often start well before Black Friday, so keep an eye out for special promotions at least a week or two ahead. Signing up for online or social media deal alerts can help.
Research pricing. Knowing whether a deal is truly good can be tricky, but many websites and phone apps are available that can help you compare items and prices as you shop.
Set up accounts. To complete purchases quickly, consider saving your information and shipping addresses on trusted online accounts with your favorite retailers. Make it a habit to search for promotional and coupon codes that you can use at checkout. Review shipping costs, too, to avoid paying more than you expect.
Track purchases. To help you stick with your budget, keep track of what you spend. If you're shopping with credit, try using one card for everything so you can quickly review your spending. A rewards card may give you cash back, points, or miles that you can redeem in the future, but watch out for high interest rates if you can't pay off the balance in full.
Use cash. Consider using a debit card or cash for in-store purchases. Carrying only a predetermined amount of money in your wallet may help you avoid overspending.
Pay attention to the fine print. Retailers may have special policies in place for the holiday season. Knowing the time limits for exchanges or returns is especially important when you're shopping early. Ask for gift receipts and keep your own copies.
Watch out for exclusions. Promotional prices might be limited to certain items and may expire quickly, so understand the details.
Look for price guarantees. If you buy an item that later goes on sale, some retailers will refund the difference within certain time limits. Retailers may also match a competitor's price on an identical item (you may need to provide proof of the purchase).
We were joined by sponsor Fury Gold Mines’ Chair Ivan Bebek and CEO Tim Clark to get the latest on the just announced sale of its Homestake Project to Dolly Varden Silver (TSX.V: DV). It’s a $50 million deal for which Fury gets CAD $5 million in cash and the balance in DV shares, along with two board seats. In the words of Clark, “…the combination of these two adjacent assets is very strong. Combining our Homestake Project with the DV Project creates an attractive opportunity to immediately establish shareholder value through the potential synergies that result from their regional proximity.” It’s been no secret that Chair Bebek had been looking to sell-off Homestake. He observed that these two projects were always meant to be together and that there’s huge upside potential for Fury, once DV begins executing on its plan.
In the meantime, Fury receives a substantial cash infusion, which when combined with a $2 million payment from Quebec, puts off their need to raise fresh capital. They can continue to focus upon their core projects, Committee Bay and Eau Claire. And for good reason too. Several days ago, Fury announced that they had drilled 13.93 g/t of Gold over a hefty 10 meters. These were the best drill results in five years. Clark sees this achievement as opening up substantial expansion opportunities and it confirms the thesis that Committee Bay represents a major gold exploration opportunity.
Most importantly for shareholders, the last week has seen company’s future value increased both by the drill bit and the Homestake sale, which gives Fury a dual opportunity for share price appreciation. (We own shares)
Company Website: FuryGoldmines.com -- Trades as FURY on NYSE American and TSX.
Summary:
We’ve had a rough few months as uncertainty has trickled into the markets—where do we go from here and what’s worth investing in with the current circumstances? Dutch Masters comes on the podcast to discuss some of the latest insights with the markets, and talks about 3 particular stocks worth considering going forward.
Highlights:
-It’s been a rough few months with the markets and a lot of uncertainty has trickled into the markets
-Tech stocks did very well when the pandemic hit because you didn’t have to go out
-DOW stocks are starting to move again
-Theres not a broad flow into the DOW stocks because people are unsure of what’s going to happen with the Fed
-You can’t tighten and withdraw tapering, run the virus narrative, and raise rates all at the same time
-Our economy is fragile
-Inflation is here to stay—some people are predicting 20-30 years of inflation
-The stocks that are going to work going forward may be a little more boring
-The administration hasn’t fixed the supply chain issues
Useful Links:
Financial Survival Network
Carnivore Trading
Become a Carnivore Trader with Dutch Masters
Summary:
The stock market took a big hit last week. The real question is whether it’s going to come roaring back or not. I sit down and chat with Charles Nenner, an amazing forecaster of the markets, to discuss what’s happening with the markets and why. We’re expecting a few rallies with long term correction eventually, but for now we should expect to just see short term correction. The new bull markets in gold should come by the end of the year. Tune in to hear more about what’s to come.
Highlights:
-Nenner is a great forecaster of the markets
-Nenner was out of stocks prior to the correction
-There are a number of stocks/markets fluctuating due to the virus—especially in consideration of traveling
-The stock market took a big hit last week—is it going to come roaring back?
-They are expecting a few rallies, but it doesn’t look great in the long term. This is a short term correction that will eventually transition into a long term correction
-Some people are seeking the relative safety of the bond market
-Inflation is as high as 14% according to some
-Copper is the ultimate indicator of economic health and trends—it goes higher due to inflation
-The new bull markets in gold should come by the end of the year due to the perception that things are not as good as they seem
-A lot of these trends are noticeable at the wrong time
-The US hasn’t had the same parabolic move as Europe with gas and oil
-The weekly cycle of natgas is down
-We used to only look at oil, but natgas is a substitute for oil
-There may start to be some selling later next year within real estate
Useful Links:
Financial Survival Network
Charles Nenner
Stock Market Cut in Half Soon – Charles Nenner with Greg Hunter
Bitcoin About to Come Back with Charles Nenner
Summary:
It’s becoming extremely evident that inflation is not transitory, but permanent. I sit down and catch up with Andy Schectman to talk about how the government is ultimately destroy the currency to defend the markets, as the value of the dollar continually decreases. Wage and price controls are on their way as well as a number of other regulations that could surface very soon. Tune in to hear what to expect and how you can prepare for these shifts.
Highlights:
-The chairmen of the Federal Reserve found out that inflation is not so transitory, but rather, it’s permanent
-The term ‘transitory’ should have been replaced with ‘structural’ right away
-The government is destroying the currency to defend the markets
-Commodities go way up and get slammed down (i.e. oil last week)
-Wage and price controls are on their way
-There are more types of government regulations (i.e. rent control and interest rate control) that could surface
-Markets are ultimately being chosen over the dollar
-We’ve been seeing record prices of cars and real estate properties
-People have been buying cars a year in advance which demonstrates the unusual times we’re in
-As more and more companies start to accept crypto, more people flee to them
-A lot more people are starting to buy gold as well
Useful Links:
Financial Survival Network
Miles Franklin
info@milesfranklin.com
U.S. Mint Halts Silver Eagle Production | Andy Schectman
Gold & Silver Fall – What’s Next? | Live with Andy Schectman
Summary:
No matter what the Fed does in the current economic state, the market seems to act like a palindrome. I have Jeff Clark on the podcast to discuss what exactly is happening in the markets, and how deficits are playing into this. We address gold and silver as well to break down how mining companies are functioning at the moment, and how to effectively invest in this sector. Tune in for more.
Highlights:
-The market seems to act like a palindrome, no matter what the Fed does
-People in mining stocks had to show good performance in the market to their clients
-We’ve never seen money printing at the extent of what it’s at now
-The deficits are going to be running trillions of dollars for years to come
-In the past year, more money went into the stock market than in the last 20 years combined
-There will be another leg up in gold and silver
-The concern is that the next leg up could be bigger than is desired
-Debt levels are higher than ever
-The day for gold and silver is going to come—it’s almost inevitable
-We’re living in a circumstance where the more speculative something is, the more value it has
-Mid tier mining companies will probably get bought out by the minors
-The attractive deposits out there are the ones you want to hold on to
-Government policies are restricting supply while increasing demand
Useful Links:
Financial Survival Network
TheGoldAdvisor on Twitter
Silver Chartist
Weekly Perspective: David Morgan Chats with Jeff Clark
Silver’s Coming Reversal Will Be Shocking – Mike Maloney & Jeff Clark
Summary:
How do we minimize the ever-increasing debt? I have Richard Vague on the podcast to talk about the pursuit of financial stability—which has become extremely difficult in our times. His mission as a public official is looking at debt and putting together strategies to remediate this.
Highlights:
-Richard preaches a messages of financial stability, which he represents in his books
-Perhaps a debt jubilee is what we need
-His mission as a public official is looking at debt and putting together strategies to deal with this
-Public and private sector debt are growing faster than GDP
-Anytime debt in a sector grows too rapidly, it means over-capacity is being created
-A debt boom creates illusory good times—jobs are being created, tax revenues at the government level are increasing, etc. Things appear to be really good
-It is only in the aftermath that we see desire to do something about it, and oftentimes capitalism gets blamed
-Vague puts out practical ideas for remediating debt that has been accumulated
-What incentives can the government put out to avoid these debt situations?
-The level of new homes being built right now are is below what it was in 2007
-Growth in debt has also come from lending standards/private equity lending
-They estimate that there are 90 million empty residences in China
-It used to be believed that credit creation went hand in hand with the increase of the money supply, but this is not necessarily the case
-Our country is not in an enviable position in terms of debt
-There is a mess coming down the road that will be hard to manage
Useful Links:
Financial Survival Network
Richard Vague
Summary:
I sit down and catch up with Charlotte Dumford, who specializes in mobile home park investing. It has been a great yet challenging year for people in this industry, but mobile home parks have picked up great speed in 2021. Charlotte’s company is working on creating a monopoly within a niche, and the coming year looks very promising for this industry. Tune in for more.
Highlights:
-Charlotte Dunford specializes in mobile home park investing
-What can we learn from 2021 and how will it help you go into 2022? It has been great yet challenging for people in this industry especially due to the pandemic and issues in the economy
-They will be able to acquire more parks at a faster speed and get more business
-Mobile home parks have picked up speed in the last year, which has racked up prices
-They’re able to negotiate and get deals at higher cap rates
-Why is this sector overlooked? A lot of people want to get their money into the bigger stuff—it offers stability
-A business succeeds if they can create a monopoly within a niche—Charlotte’s company is putting this philosophy to work
-They’ve seen a lot of growth this year in the mobile home portfolio
-For 2022, they are ready to take the business to a new level and further diversify their portfolio
-Their top priority is creating a sense of community; proud ownership is the driving factor of stability in a park
-In 2021, they were focused not just on making the most capital, but on showing investors that this is a great choice
Useful Links:
FInancial Survival Network
Johns Creek Capital
In November markets were making new highs all over the place until Thanksgiving Friday. That put a dagger in the hearts of stock markets and commodities alike. Dow off 3.7% 34484 and S&P 500 off .8% to 4567, Nasdaq held on to a .3%. Russell 2000 was slammed down 4.3%, TSX off 1.8%, and TSX.V posted a a 1.2% loss. VIX jacked up to 27.2 on the fear trade. The Dollar hit a multi-month high closing at 96.35 and the Euro was 2.2% to 1.13. 10 Year yield plunged 8.3% to 1.43. Bitcoin took a hit closing at 56974 down 6.1%.
Metals were doing well and that got major slammed. Gold was down .5% to 1775. Silver was 4.4% to 22.84. Pt was beat up losing 8.1% to 936. Pd was the big loser off 13.6% for the month to 1674. Copper off 2.6% to $4.35. WTI got creamed off 20.8% to 66.18. Brent followed suit off 16.4% to 70.57. Natgas skidded 15.8% to bring it to 4.57. Uranium pushed further higher by more Sprott buying up 6% to $45.60.
Ratios: Au:Ag up 77.7, Pt:Au .53, Pt:Pd .56. BRT:WTI 1.07, WTI:HH 14.5, and AU:WTI 26.8.
Summary:
Volume was up dramatically on Black Friday, which is incredibly interesting—I sit down and chat with Gil Baumgarten to discuss this as well as inflation, and trends in the stock market. In terms of buying stocks, Baumgarten’s company tends to look for lower yielding ones and has great technique for finding them. Tune in for more.
Highlights:
-We had a real Black Friday last Friday—volume was up dramatically
-All of the buys and sells are algorithmically generated
-The reality of inflation is starting to set in and people are becoming concerned
-It is always better to average up
-Baumgarten’s company would prefer to buy low yielding stocks
-Apple is not keeping up with inflation—it is yielding 2.2%
-Tesla is 5-10 years ahead of everyone else in terms of technology; it’s a computer on wheels
-Sometimes the price of the stock makes it not an investment but a gambler’s speculation
-Buying the VIX is a good idea, but don’t hang on to it for a long time
Useful Links:
Financial Survival Network
Segment Wealth Management
The Markets Are in Flux, Will They Crash? with Gil Baumgarten
Markets Down; Big Surprise with Gil Baumgarten
Summary:
Unsurprisingly, the markets experienced a major meltdown over Black Friday—is it time to flee the market, or is this just another variant of financial disruption? I sit down and chat with Jeffrey Small to get the full picture of why this happened, and its relevance to the current economy. Thankfully, this disruption will most likely not mean much, and we will probably bounce back from the extreme inflation in the coming year. Tune in to get more insight.
Highlights:
-The market’s reaction on Friday was a knee-jerk reaction to the unknown
-Markets don’t like uncertainty
-This disruption probably won’t mean very much in consideration of the virus we’ve been living with for a while
-Inflation does create earnings growth, which is good for the market
-Investors need to buy companies that they know will have earnings growth
-The inflation we’re having now is excessive and will hurt the GDP growth
-Once we get past the holiday season, things will deflate and people won’t be spending as much on goods
-There is no reason as to why oil should be priced how it is today
-The government is directly responsible for oil trading at a high
-Are the tech stocks defensive? The Tesla stock is somewhat of a trend
Useful Links:
Financial Survival Network
Arbor Financial
Summary:
The markets were down on Black Friday, and I sit down with John Rubino to discuss this phenomenon along with all of the other driving factors in the economy that led to this decline. The markets seemed to be a bit spooked, and they’re back up now, but we could be in for a volatile year. Tune in for more.
Highlights:
-In terms of the market, everything was down on Black Friday
-The ferocity of the decline was quite intense. When a market is this overvalued, however, falls like that are expected
-There was a cause for the market tanking, and it was the announcement of the new variant of the virus. This spooked the markets
-The markets are back up today
-This could be a choppy, volatile year, and Friday’s action seems like it could be the new normal
-Germany’s inflation is at a modern record high. The question is, how much further does this have to go for them to make a major decision going forward?
-Used cars have become relatively more valuable, and people are feeling pressured to buy houses
-The inflationary psychology is turning into an inflationary pathology
-When people start to think that the world is inflationary, they start to buy precious metals
-Inflation is now as high as it was in the 70s
-As we broaden our understanding of crypto and metals, we’ll realize that they’re similar and on the same side of history, but they are not the same asset
Useful Links:
Financial Survival Network
Dollar Collapse
Here’s What Will Spook Markets | John Rubino
John Rubino: Why Everyone Should Own This
Summary:
Lack of financial education creates some of the most pressing problems that people face in their lives. I sit down with bestselling author and financial expert John MacGregor to discuss how to tackle this, and what you can do to get on the right track. When it comes to finances, it can be helpful to learn from the mistakes of others and look for advice on how to avoid financial mistakes. Tune in to hear more on the philosophy behind better financial decision making and to learn how you can change your mindset and practices.
Highlights:
-Lack of financial education is causing a lot of problems amongst individuals
-The percentage of people living paycheck to paycheck has gone up significantly
-Many people know what to do with their money but don’t do it—it’s more of a behavioral problem
-Learning from people’s mistakes is genius—it’s important to learn why people suffer financially and how to avoid this
-There are many underlying beliefs that make us form bad spending habits, and it causes people to get stuck in a bad cycle
-Other aspects of your life improve as well when you improve your financial habits and mindset
-“Above the line, below the line” is a mentality that helps
-Many people think that there is a quick fix to your financial problems—or hope in a box
-Small things you do on a daily basis can transcend your entire life
-Be, do, and have—it’s important to do all of these things
-For many people, it’s not enough of a priority to make the changes they need to make until it’s too late
-It’s important to understand what drives people to make specific financial decisions, and what their beliefs are
-There’s a direct correlation between financial disorganization and financial destruction
-Hope is not a retirement strategy—it’s important to start thinking and planning now for your future
Useful Links:
Financial Survival Network
John MacGregor
Bullish on Gold? Why Not Own the Gold Mine? – Robert Kiyosaki, Peter Schiff, John MacGregor
Wall Street is Gambling with Your 401(k) – Robert Kiyosaki, Ted Siedle, and John MacGregor
Summary:
How do you make money in real estate, stocks, crypto, etc. and manage to minimize risks? I sit down and chat with Cody Yeh, who has been developing these strategies for years and advises others on this topic. He gives meaningful tips on how stocks move, the ideal times to buy and sell, and provides more useful knowledge to help you thrive in your investing. Tune in for more.
Highlights:
-There are a number of ways to make money including real estates, stocks, cryptos, etc.
-Risk is always a factor
-Cody Yeh has figured out a way to minimize risk and invest in worthy areas
-Yeh geared his efforts towards financial freedom and independence after graduating from university
-He had a full time job as well as a trading coach so he could participate in day trading
-With real estate investing in Canada, it’s hard to find cash flow
-With real estate and stocks, they want to be able to hold them for a long time and retain cash flow without having to sell
-Every time Tesla goes up, it then pulls back a bit
-The Tesla stock is very inflated, but the company collects major data and is in the pioneering space
-Most people want to chase the high stocks, but then panic and sell them, and this leads to people losing money—you shouldn’t just buy when something is marked at its highest level
-Focus on the top ten of the crypto
-How do you not become an options loser? You need to have the right mindset when you buy stocks—looking to make 1%-4%
Useful Links:
Financial Survival Network
Cody Yeh
Summary:
I sit down and chat with Jerry Fetta—who started his career in mainstream financial services and now helps people gain financial education and achieve financial freedom. We discuss life insurance, the precious metals, cryptocurrency, and inflation to grasp the current economy and pinpoint what you can do to invest efficiently. Tune in to hear more.
Highlights:
-Jerry started his career in mainstream financial services
-As he learned more about macroeconomics, his business evolved tremendously
-He helps people gain financial education and achieve financial freedom
-Family offices have also played into financial success
-There is bank owned and corporate owned life insurance; it serves as a tier one reserve pool
-Everyone should look into life insurance to set cash aside
-Precious metals haven’t behaved well since hitting their all time high in August of 2020
-The value of gold is intrinsic and does not dictate the price—other factors within the market do
-Gold always mirrors inflation and is based on consumer emotion
-People are in denial of inflation, but once they come to terms with it, gold prices will probably shoot up
-Crypto needs intrinsic value to be able to promise earnings; it does, however, have extrinsic value
-The intrinsic value also needs to be higher than the extrinsic value
-With inflation, there is the expansion of the money supply as well as price increase
Useful Links:
Financial Survival Network
Jerry Fetta Instagram
Jerry Fetta Website
Kenneth Rapoza started out in financial services selling the usual products. After speaking with his best friend's father, he had an epiphany. This guy never seemed to have a job and yet the family always did well. Much like Robert Kiyasaki, his friend's rich dad taught him the ropes of successful investing. Kenneth is bullish on precious metals and believes that the proper life insurance policy can pay huge dividends.
We sat down with Jamie Keech to discuss inflation and inflation hedges. Jamie is of the opinion that inflation is here to stay and that factors are making commodities such as Uranium and battery metals better hedges than the traditional one of precious metals. Perhaps this is a sign that when even the most stalwart supporters start looking elsewhere, gold and silver are getting ready for the big move. Time will tell.
Summary:
If you’re looking at investments that will keep up and stay ahead of inflation, you have to look at real estate and understand the market. Andrew Ragusa comes on the show to tell us about real estate in the Northeast and what’s happening in the market. Properties are selling for around $30k higher than their asking price, which is a trend that will probably stick around for a bit. Tune in to hear about where the market is going, and what to expect in this industry in 2022.
Highlights:
-Andrew Ragusa unpacks what’s happening with real estate in the Northeast
-Houses are selling, on average, $30k over asking price
-Some people are trying to list their houses at very high prices just to see what happens, but they end up just sitting on the market
-Properties around the $400k price point go extremely fast
-Zillow was relying on the zestimate model, which is no longer very accurate
-There is not enough data to figure out the exact estimate for every property
-Real estate will probably remain somewhat stabilized in terms of slightly higher asking prices
-Some people are waiting because they think the market is going to crash
-On a nationwide level, people are hesitant about where to go once they do sell their property
-For 2022, more inventory will probably show up
-Changes in representation in the Northeast will probably cause more people to leave and different people to come in—the political landscape is shifting
-Interest rates are lower at the moment
Useful Links:
Financial Survival Network
Real Estate Coming Back Down to Earth with Andrew Ragusa
Flight From New York City Continues with Andrew Ragusa
Real Estate Market Innovators
Summary:
It seems as if everything we’ve worked for in Western civilization is crumbling, and I have Doug Casey on the show to talk about some of the economic catastrophes that have been unfolding. As time passes, we’re seeing more shortages, increased prices, and intensifying inflation. With the government putting out unreliable figures and doing the opposite of what should be done to resolve inflation, things seem to be headed downhill quickly.
Highlights:
-We’re seeing shortages, increasing prices, and inflation
-The figures the government is putting out are not completely reliable
-The collapse of Western civilization seems to be upon us
-In an advanced industrial society, supply chains are complex, and the people in charge are doing the opposite of what actually should be done
-International air travel is down 80%
-The world is tipping towards collectivism
-The digitization of the US dollar is also bringing large changes
-The government may opt to put out wage and price controls
-Who is going to collapse the old economy and move towards the free economy? It seems that no one is willing to take this step
-During the next 3-4 years, we are in for rough times in the US
Useful Links:
International Man
Doug Casey's Take
Financial Survival Network
Financial System Would Collapse if Fed Tapers, Inflation Spiking, Warns Doug Casey
Confessions of an Economic Hitman – John Perkins with Doug Casey
Summary:
What’s going on with the price of gold, and has it bottomed? I sit down and chat with David Erfle, a self-taught mining sector investor, to discuss what’s happening with this portion of the precious metals sector. On the last day of the quarter, gold had a huge reversal, and its price hasn’t looked back since. Erfle advises us to expect the unexpected, and not to rule anything out wen it comes to this sector.
Highlights:
-What’s going on with the price of gold? Has it bottomed?
-You can never leave certain price points off the table in the gold sector
-On the very last day of the quarter, gold had a huge reversal and the price hasn’t looked back since
-You have to be mindful of resistance points
-Before gold started going up, the stocks started leading again
-Volume on up days has been higher than volume on down days, which is a sign of accumulation
-The upward moves with gold need to happen slowly in case anything happens
-Inflation is probably not coming down any time soon
Useful Links:
Financial Survival Network
Junior Miner Junky
Gold Will Be Off to the Races When We See This with Pro Mining Investor David Erfle
Where Are Gold and Silver Prices Headed? with David Erfle
TIER ONE SILVER INTERSECTS 1,480.5 G/T SILVER EQUIVALENT OVER 1 METER ON THE MADRE STRUCTURE AT CURIBAYA
Tier One Silver released some highly positive news from their Curibaya Project in Peru. CEO Peter Dembicki explaind that, “[Drill] Hole #6 is the first plus-kilogram intercept at Curibaya on a feeder vein that may host the extensive high-grade silver on surface, which gives us the confidence that we are in the infancy of a new silver discovery. Drilling along structures that have yielded positive channel sample results is proving to be a sound strategy as the Company looks to realize the vast potential of the property indicated through high-grade silver mineralization on surface.“
Senior VP of Exploration David Smithson, speaking to us from the core shack at Curibaya, further clarified, “The positive results from hole 6 represent a major advancement in our understanding of the controls on high-grade mineralization within the project. The combination of alteration vectoring, targeting the margins of high chargeability anomalies and surface geochemical channel sampling is paying dividends with the drill. These results continue to support our view that Curibaya has the potential for a major discovery.”
Clearly these results are a major milestone in Tier One’s advancement towards a major discovery. Smithson suspects that there are a number of similar structures throughout their extensive land package and the team believes that their thesis has been further validated. Results are due in for 9 more holes. Dembicki is expecting more good news. As shareholders we’re excitedly looking forward to the next release.
Website: www.TierOneSilver.com
Ticker Symbols: OTCQB: TSLVF — TSX-V: TSLV
Summary:
Will the Fed kill the market or the currency? It seems that it could come down to having to choose between the two, and I talk with Anthony Saccaro to unpack this tricky situation. With low unemployment and high inflation, the Fed is forced to raise interest rates. No matter what they do, it’s going to be bad on the market. To find out what’s happening with this situation and how to prepare, listen in because you won’t want to miss it.
Highlights:
-Will the Fed kill the market or the currency? It could come down to a choice between the two
-The Fed is in a precarious position
-The unemployment rate was doing well for a number of years pre-covid, and they hadn’t raised interest rates in a long time
-Now, unemployment is low and there is high inflation—and they are forced to raise interest rates
-They’re in a position where no matter what they do, it’s going to be bad on the market
-The worse of the evils at this point is letting inflation continue to run
-The question is whether inflation is temporary or transitory—or if it’s going to be long term
-There aren’t enough workers to unload ships, which is causing issues on the supply side
-Any inflation we have is going to be permanent, but going forward it will hopefully settle off at a lower level
-With the stimulus, people had more money, but less goods and services available
-People begin to expect prices to go higher
-The government is building an economy based on printing money
-If you’re still in the accumulation phase of life, continue with your stocks
-Focus on dividend paying stocks
-If you’re in the older phase of life, you need to be more cautious
-Focus on investments that are going to protect your principles
-Dividend paying stocks fluctuate a lot less than non-dividend paying stocks
Useful Links:
Financial Survival Network
Providence Financial Inc.
Summary:
I sit down and catch up with Octavio Marenzi, who has a lot of insight on why exactly inflation comes about, what price trends look like, and what is being done to fix this phenomenon. Price increases across the board are the result of monetary policy, and we keep seeing this more and more. Tune in to hear more from Octavio and myself.
Highlights:
-The President has ordered the FDC to immediately probe illegal conduct by oil and gas companies
-Are price controls inevitable?
-When there are supply shortages, certain prices go up
-When you see prices up across the board, this is the result of monetary policy
-There was a tremendous demand for cash. As things return to normalcy, people begin to spend this money, and there are supply chain issues
-Speculators are important for stabilizing prices
-Everything being done about inflation is exacerbating the problem
-Government cannot improve the standard of living overall
-Wage/price controls come from the same political ideas
Useful Links:
Financial Survival Network
Opimas
Summary:
The world is becoming more digital in a multitude of ways—one of the most prevalent being with money transactions. I sit down and speak with best selling author Richard Turrin about what some of these changes look like, and why this is a game changer for the big economies—starting with China. Tune in for more, and visit the links below to access Richard Turrin’s main website and book.
Highlights:
-Everyone seems to be getting into crypto
-There are very few cash transactions taking place in China
-Are digital currencies going to completely replace cash/standard currency?
-China is a cashless society in the big cities
-China is launching the world’s first central bank digital currency (CBDC) for a major economy
-A CBDC is not a cryptocurrency; it is a digital representation of paper money
-These transactions are free
-This also gets rid of the middle man—no credit processing needs to be done
-central digital currencies can be built on blockchain, but blockchain usually can’t sustain them in a large economy
-Central bank digital currency is issued by the central banks
-Stable coins are a cryptocurrency and they are a special kind of cryptocurrency that is tied to the value of the dollar
-There will be stable coin companies that are regulated similarly to banks
-With a lot of crypto coins, an unlimited amount can be created
-The new version of stable coins will be great
Useful Links
Financial Survival Network
Rich Turrin
Cashless: China’s Digital Currency Revolution by Richard Turrin
Summary:
Teslas are amazing vehicles for a multitude of reasons, but today I talk about what I consider to be their top ten qualities. From the digital usability features to its efficiency, it is a top notch investment built for the future. Tune in to hear more.
Highlights:
-Today, I talk about why the Tesla is amazing on so many different levels
-It has every gadget that has been created for a car, and then some
-You can control you car with your phone, or with a programmed chip—there are no keys
-You can save video footage the vehicle takes in case you get in an accident
-The vehicle has an amazing sound system
-Never having to go to a gas station again is perhaps one of the best perks
-The ride is extremely quiet and vibration free
-it has smartphone integration, and the app is constantly updated
-You can virtually control every feature of your Tesla—through your phone or the panel
-There is an autopilot feature
-The only negative factor is that if you’re doing a longer trip, the battery doesn’t hold as long
Useful Links:
Financial Survival Network
Summary:
The Fed seems to be losing control of the inflation narrative. No one believes it's just temporary as the list of everyday things like gas and coffee that are soring in price gets longer. And fewer people think the Fed has any way of fixing things.
The labor market is the tightest it's ever been, producing some scary/funny stories.
US housing is officially a bubble. Now it's not just prices but behaviors that have become dangerous.
This month's elections in VA and NJ imply big things for next year's Congressional midterms.
Thanksgiving dinner cost is hitting a record. If nothing else brought home the cost of inflation, this dinner will.
Highlights:
-Is the Fed losing control? They have always controlled the narrative, but now, not so much
-The narrative is everything in the currency world
-The Fed has gotten away with the story that the higher prices are transitory and that normality will return
-Financial markets are being affected—there are inflation hedges and gold and silver are starting to ramp up
-It looks as if people don’t believe the Fed anymore
-Inflation started getting closer to double digits in the 70s
-The Fed has made the decision to let the current inflation run for a while and do a tiny bit of tapering
-Inflation is forever now
-In a government bond, you would lose so much capital every year
-Thanksgiving dinner is up to as much as $100 a turkey
-This is a great time to be a debtor
-The complexion of the precious metals market has changed entirely over the last three weeks
-We’ve seen upside reversals
Useful Links:
Financial Survival Network
Dollar Collapse
Kill the Dollar or the Economy with John Rubino
John Rubino on Strikes and Wade Inflation
Summary:
We are continually presented with this notion of ‘transitory’ inflation, which is entirely inaccurate and misleading. I sit down with Michael Pento to discuss the real driving factors of the current monetary situation, and what this is going to look like as we enter the new year. Over the last couple of years we have seen $6 trillion handed out to increase consumption, but the balance increase is going to be $0 in 2022. Will the markets be able to survive in these conditions? Tune in to find out more.
Highlights:
-The notion of ‘transitory’ inflation is focus group driven and is not realistic
-Thanksgiving Turkey alone this year could be over $100 for ten people
-The central bank was finally able to launch modern monetary theory—borrowing money from the treasury, giving it to consumers, and printing it all
-Countries like Israel are experiencing hyper-inflation
-Next year, this will probably melt down
-We have a fiscal and monetary cliff heading into 2022
-There is going to be a crash in asset prices
-You may see a crash in real estate bonds outside of treasuries which could cause inflation to crash all at once
-In 2 years, $6 trillion was handed out to increase consumption, and the balance increase is going to be $0 in 2022
-The stock market will most likely look like it did in 2018, and crumble in a month or two
-2022 is going to look nothing like the previous two years
-Inflation is a monetary phenomenon—it’s not what happens as a result of shortages
-Is the Fed going to let all these markets collapse?
-We are probably headed towards a blockchain currency managed by the Fed—there wouldn’t even have to be a treasury
-Real interest rates are not going to go much higher
-Gold is going to trade much more towards the level of real interest rates
-China saved the global economy to a great extent in 2008 with construction projects, but they can’t do that again
-No one country will be able to save us from what’s happening in 2022
Useful Links:
Financial Survival Network
Pento Portfolio Strategies
Interest Rates will Skyrocket if Fed Keeps Printing Money – Michael Pento with Greg Hunter
Ahead: Runaway Inflation & Bail-Ins | Michael Pento
Tofu Dreg Article
Summary:
Real estate is still in a major up-swing: prices continue to go up, inventory is low, and people are over-bidding just to get a house. A major online business that has added to the confusion is Zillow, and Debbie Bloyd comes on the show to explain how utilizing real experts and technology (rather than just technology) allows for accurate appraisals. Tune in to learn about the factors that Zillow tends to neglect when valuing a home, and how to be more aware in the current market.
Highlights:
-Not everyone is making money in real estate; Zillow has lost a lot of money with house flipping
-Here to explain where Zillow went wrong is mortgage broker Debbie Bloyd
-Zillow was messing up people’s expectations of how business should be done. You have to stay within the market range and not take people out of the equation
-You can’t only pay attention to technology and algorithms
-Zillow’s estimate does not have the final say; their algorithm doesn’t factor in everything
-A true appraisal is the only way to know what a property should sell for
-Zillow is a technology company applied tor real estate
-We need more people involved within the transactions
-There are going to be new ways to do appraisals on digital platforms in the coming years—utilizing technology and people
-Rates have been steady, but next year they’re going to go up
-With the stagflation in the 70s, real estate prices didn’t go up until the 80s
Useful Links:
Financial Survival Network
Money Strategies
Looking to Dive Into the Housing Market? The Time is Now with Debbie Bloyd
Wells Fargo Closes All Personal Lines of Credit with Debbie Bloyd
Summary:
We are currently experiencing the highest inflation we’ve seen in about 30 years, and I sit down and chat with Michael Busler to discuss some of the factors that have played into this. This is something that we experienced back in the 70s, and it is likely here to stay. Inflation is manifesting in a number of areas including energy and working wages—fueled by supply chain shortages and people leaving the workforce to receive money from the government. Something has to give, and we must show resistance to increasing prices if we want to avoid further damage to the economy.
Highlights:
-Is Build Back Better going to happen? We have inflation, an infrastructure bill, and a lot of other factors
-This is the highest inflation we’ve seen in about 30 years
-The Biden administration and the Federal Reserve say that it will go away—but this is not necessarily true
-They want the price of fossil fuels to increase, and have carried this out by restricting the supply
-Energy prices are going to rise in these conditions—manufacturers are also paying more to get energy
-Energy inflation is here to stay
-Wage inflation is also a major problem—3 million workers left the job market during COVID and are not returning
-Businesses had to raise the starting wage of these workers to get them back, and had to raise them for other workers as well
-The government has spend $6 million more than they’ve brought in in tax revenue in the last 2 years
-These things should not be passed at this time since we’re already in a hole
-Even when the supply chain issue is resolved, there are still number of other things causing inflation
-We could end up having stagflation, which we haven’t seen since the late 1970s
-The 70s was a great time to be a debtor
-As long as people keep receiving free money, they start to expect it. This mindset doesn’t help with the labor shortage
-Stock prices will usually go up more than the inflation rate
-When you see prices go up, don’t automatically pay them—see if there are substitute products
-If people become resistant to it, there will likely be less inflation
Useful Links:
Financial Survival Network
News Max
Michael Busler Twitter
Funding Democracy Facebook
Taxing the Rich to Death with Michael Busler
Inflation Isn't Going Anywhere But Up with Michael Busler
Summary:
If you want expert insight on the precious metals and economic factors that influence this market, you won’t want to miss this episode. I sit down and chat with Craig Hemke about recent happenings, in which gold and silver broke the same number last week and are on the upward trend. There is a market inefficiency developing within gold, and this has to do with people buying into the idea of ‘transitory’ inflation.
Highlights:
-On the same day last week, gold and silver broke the same number and have been headed up ever since
-The bank created 30,000 contracts and added them to the existing contracts, which diluted the flow
-There is a market inefficiency developing within gold
-This is due to market participants believing the transitory claims
-When copper started taking off, this was the first hint that inflation wasn’t transitory
-Gold is a global thing and is influenced by so many factors, so you have to keep your eye out for them
-Even natgas is heavily influenced by geopolitics
-Most of the people alive today don’t know what inflation really is—specifically the inflationary times of the 70s
-So many countries have had hyper-inflation over the last 50 years, but a lot of Americans don’t understand that inflation never really left us
-Inflation is going to stay and get a lot worse before it gets better
Useful Links:
Financial Survival Network
TF Metals Report
Miles Franklin
Summary:
As you approach the age of 65, it’s absolutely critical to know about medicare and what plan is best for you in advance. I sit down and chat with Scott Maibor who is an expert on this topic, and he talks through Medicare, advantage plans, and Medigap, which have different facets suited for different individuals. There are many moving parts of the equation, so it’s important to look into them and see what makes most sense for you.
Highlights:
-It is important to know about medicare and the different aspects of it if you are approaching the age of 65
-If you’re going to be on medicare, you need some sort of additional coverage (medigap)
-Medicare combines government coverage as well as private insurance
-With any doctor that takes medicare, you’re covered 80%—but the 20% is no cap
-With medigap, you pay a fixed monthly fee
-A medigap plan is usually around $200 a month, and depends on a number of health factors
-With an advantage plan, there are no fixed costs
-Medigap plans have been around longer than the advantage plans
-It is important to look into state regulations to find out if you are allowed to switch plans at any point
-You can sign up for part A before you’re retired—it has no premium
-People compare medicare options to employer options, and there is a lot to consider
-You do get penalized for making too much money, which you also get with social security
-There’s so many moving parts of the equation
-You can avoid so many things if you plan these things out ahead
Useful Links:
Financial Survival Network
Senior Benefits Boston
Summary:
Ever since the election, the 1970s type of inflation has come into full swing, and Hoye has observed that the big game in the financial markets is inflation and financial assets. Hoye has looked at the history of these financial bubbles and the patterns that accompany them to determine what we can expect out of the current circumstances
Highlights:
-Since the election, the 1970s type of inflation has come into play
-In the financial markets, Hoye has observed that the big game is inflation and financial assets
-In a history of interest rates, you’ve never had anything trade negative on a nominal basis
-People are saying tangible assets are going forward, but Hoye thinks this is improbable
-Following every great financial bubble, there is a pattern
-The fed was unaware in the dangers of the great financial bubble—once it’s over, most prices have deflated
-The rise in commodity prices is associated with the increase in business activity you get at the final stages of a business mania
-Rising real rates will be part of the post-bubble world
-Copper is declining, gold’s real prices is declining, interest rates are declining, and the dollar is prepared to rally
-These items are doing what they’ve done at the climax of previous bubbles
Useful Links:
Financial Survival Network
Charts and Markets
Summary:
I have the opportunity to chat with John Williams, who has been studying inflation for years—looking into the numbers that the fed has been leaving out of the equation. The government has majorly changed the way that they measure inflation over time, and they have been making alterations to reduce the headline inflation rate. Tune in to get the more accurate depiction of inflation, and to hear about where this situation is headed in the near future.
Highlights:
-My last article was on 12 reasons why inflation is here to stay, but John Williams has been tracking inflation for years—using the methods from back in the 70s
-Most people on the planet have never lived through a major inflationary cycle—it has historically been minimized
-We’ve seen changes in the way that the government has measured inflation over time
-They changed how they measured housing costs, shifting to a homeowner’s equivalent rent, or what a homeowner would pay himself to rent his own house/how he would raise the rent
-They kept making changes to reduce the headline inflation rate
-6-7 percentage points have been taken out of inflation
-Inflation is directly tied to supply chain issues, followed by shortages
-We are in an unusual circumstance since the economy shut down and employment has declined
-Holding US currency means that you’re losing purchasing power—it’s better to hold gold and silver, which will retain your purchasing power
-Williams thinks there is a good chance we will see hyper-inflation
-The best economic statistic is payroll employment—it’s a very broad measure
-People start to increasingly expect inflation
Useful Links:
Financial Survival Network
Shadow Stats
Hyperinflation Worst in 40 Years, and About to Get a Lot Worse | John Williams
Fed Trying to Keep Economy from Collapse – John Williams with Greg Hunter
Summary:
Do you want to educate your children on how the economy works? Connor Boynack sits down with me to talk about the books he has written over the last several years that expose children to the benefits of personal freedom and free markets in a way that they can comprehend. A Dad himself, Boyack wants to give young minds access to the knowledge that extends beyond what children learn in school, and he provides the perfect tools to do so. Tune in to hear more about these great resources.
Highlights:
-Boyack writes books that expose children to the benefits of personal freedom and free markets
-He started in 2014 and has sold 3 million copies of these books
-He is a Dad and owns a think tank that deals with policy reform
-He wanted his children to understand the concepts that he deals with on a daily basis
-The first book was successful and the demand for these resources has been increasingly strong in the last few years
-The books are story-based and fully illustrated
-Their model is directed at families trying to educate their children—whether they are homeschooled or enrolled in school
-Children are pretty good at understanding complex topics, and this has been a thrilling aspect of Boyack’s publishing
-These children are ultimately going to help run our nation one day—it’s important to talk about these ideas because you don’t know what type of positive impact you could have
Useful Links:
Financial Survival Network
The Tuttle Twins
Teaching Children About Liberty - Solutions Watch
Summary:
If you’re looking to buy a car, to sell one, or even looking for vehicle repairs, you’re going to want to tune in to this episode. I sit down with Pam Oakes and discuss the automobile market—which is in a very unique situation. There’s a shortage of new cars, and an increased demand for used cars—so prices have increased substantially. Tune in to get insight on what to be on the lookout for, and what may be the best option for you.
Highlights:
-If you’re in the market for a car, looking to sell one, or looking for repairs, you’re going to want to tune in
-There’s a shortage of new cars, and used car prices are escalating
-There is a large demand for used cars
-It is not in the consumer’s favor to purchase
-Cars that would normally get repaired are getting totaled because companies know that they won’t be able to get the parts
-Wrecked cars are also going at record prices
-There is also a transition to electric vehicles that is occurring—with certain benefits and drawbacks
Useful Links:
Financial Survival Network
Find Me Auto Help
Summary:
Rick Rule and I sit down to discuss all things investment in light of the fed giving every indication that they’re going to taper. We discuss the oil and gas industry—which we’re pretty optimistic about—as well as the precious metals and how inflation is affecting jobs. Tune in for more insight from myself and Rick.
Highlights:
-The fed is giving every indication that they intend to taper—gold and silver prices are taking hits
-Rule enjoys security analysis and credit analysis, and likes what he does
-He enjoys looking at the interplay between income statements and balance sheets
-He also enjoys interviewing younger entrepreneurs
-The easiest sector to be optimistic about is the oil/gas business because they are generating substantial free cash flows
-The dividends associated with oil and gas are appealing
-Rule is also attracted to precious metals
-There’s lots of under-investment in things that help us to sustain our lives
-The oil and gas price had to go up based on the cost of production
-Businesses are giving large bonuses—especially in the case of trucking
-Certain McDonalds around the country are paying $18-$20/hr and giving hundreds of dollars as a sign on bonus
-People need a living wage
-The market will resolve itself eventually
-The easy money has been made in Uranium—the incentive price will probably rise significantly in the next few years
-Inflation makes existing resources more economic—it increases barriers to entry
-Inflation is the friend of people that have very large developed resources
Useful Links:
Financial Survival Network
Rule Investment Media
Eminent Gold Launches Nevada Treasure Hunt with CEO Paul Sun and Chief Geologist Dan McCoy
We were joined by a new sponsor Eminent Gold Corporation. CEO Paul Sun, a mining engineer with extensive experience in capital markets is at the helm. Chief Geologist Dr. Dan McCoy has over 30 years of global mining experience. He headed up the teams at Keegan Resources and Cayden Resources, which led to the acquisition of both companies.
There’s 4 PhD’s pursuing Eminent’s exploration ambitions. The company has four projects, all of which show great potential. As far is which one is the most promising, McCoy likens it to picking your favorite child, a hard task at best. To date, sampling has taken place at Weepah and Gilbert South. Results have greatly exceeded expectations, with channel grades up to 60 g/t gold and 30g/t gold respectively. This has helped form a better understand the underlying geology and to further refine future drill targeting.
Eminent is not just another Johnny-Come-Lately Nevada gold explorer. Their projects are in close proximity to other large past and present producing mines. They’ve upped the game by looking for gold in places where others haven’t previously ventured. They’re using the latest technology to re-examine historic projects. In earlier times, when less effective methods were the only one’s available, miners pursued low-hanging high-grade fruit and ignored deposits that were not then economic.
Times have changed; Sun and McCoy believe they are on to the next great Nevada discovery(ies) and expect a steady stream of news and catalysts to follow shortly.
Company Website: www.EminentGoldCorp.com
Ticker Symbols: OTCQB: EMGDF — TSX-V: EMNT
Prior company interview: Eminent Gold Corp: Four Nevada Lottery Tickets with CEO Paul Sun
Summary:
At Financial Survival Network, we’re always in search of more ways to bring in more revenue. Adam Mesh comes on the show to talk about low risk and decent return strategies that you can implement within your investing. Mesh tries to focus on long game—doing things that won’t get him burnt out quick and provide great results. Tune in for more pointers from Mesh and myself.
Highlights:
-We’re always looking for more ways to bring in more revenue
-Adam Mesh talks to people about trading and takes part in trading himself
-HIs focus is on the long game—doing things that won’t get him burnt out quick
-He started out day trading, and evolved from there. He likes having premium collection as a component of his trading
-If you think the market is going to go higher, you can sell a put and take ownership of a stock at a lower price
-A diagonal calendar is a synthetic cover call—it’s based on the expected moves
Useful Links:
Financial Survival Network
Wealthpop
Cannabis Sector Looking Even Better with Adam Mesh
Summary:
Rob Stevens comes on the podcast to help us get a better understanding of why mining stocks move the way that they do, and he gives us some context around the current situation. Companies are expanding resources and making discoveries, but people are holding back on riskier stocks due to the equity markets. Tune in to learn more about what’s to come, and to get information on resources that can help you comprehend the inner workings of this industry.
Highlights:
-When it comes to understanding the mining sector, you want an understanding of why these stocks move in a certain direction—especially when you don’t expect them to
-When you think you know what you’re doing here, that’s when you’re most vulnerable
-Market indifference towards drilling results
-Companies are expanding resources and making discoveries
-People are holding back on riskier stocks because the equity markets are a bit depressed
-There has been a lot of financing
-The vast majority of investors in the market are at the wrong side of the trade
-The metal price index is sitting at the same high point as it was in 2012
-We are going to see a lot more news flow and activity as we get into the new year
-There’s a lot of money on the sidelines waiting for a peak
-Electric vehicles increase interest in commodities like copper
-Copper hit its peak and pulled back, but it’s definitely in an up trend
-$4.50-$5 copper makes new discoveries really attractive—copper is something to keep your eye on
-$4 seems to be the new floor for copper
-Gold is treading water, but at good prices
-There are so many different influences on gold price
-Safety is always an issue for uranium
-You also need to understand the mining process to understand why the stocks do what they do
Useful Links:
Financial Survival Network
Mining Essentials
How to Analyze Exploration Company Drill Results with Dr. Rob Stevens
Non-Technical Resource Investors Can Succeed if They Are Willing to Put in the Work with Rob Stevens
Summary:
It seems as if inflation is not quite as transitory as the media has portrayed. I sit down and chat with Andy Schectman about this ongoing phenomenon, which seems to be solidifying more and more as time passes. While CPI seems somewhat normal, things like commodity prices and house prices aren’t factored into this number. Tune in to hear Schectman and myself breakdown the inflationary situation that is definitely structural, and to hear about the wide-reaching implications of this matter
Highlights
-Inflation is not so transitory
-The largest social security increase in decades is coming
-Companies are paying higher hourly wages and offering sign-on bonuses
-Prices are going up, house prices are going up, but these numbers aren’t factored into the CPI
-The media doesn’t do a good job of telling the truth
-This inflation is definitely structural
-Until you get a change in policy and the government is willing to make difficult decisions, this will be with us for the foreseeable future
-As money depreciates, it never has as much value as when you first had it
-The US leaving Afghanistan had a major impact on OPEC—they’re being protected by Russia and opened up oil to other currencies
Useful Links
Financial Survival Network
Miles Franklin
info@milesfranklin.com
Silver Supply Could Vanish Overnight with Andy Schectman
Silver Bullion Will Disappear – “People Are Waking Up” with Andy Schectman
Crescat Capital gold macro article
https://www.crescat.net/the-macro-case-for-precious-metals/
great charts, including:
The gold miners are the only major sector now generating positive free cash flow
The miners' gold reserves have peaked and are now declining, forcing them to acquire more by buying up juniors.
In the VA governors' race the Dems staged a fake white supremicist rally and tried to pin it on the Repubs, and got caught big-time. Meanwhile, school board protests are a huge factor and might be a sign of things to come for the midterms.
In Australia, the bond yields are spiking through the central bank's target levels.
https://www.msn.com/en-us/money/markets/australias-central-bank-declines-to-defend-bond-target-even-as-yield-spikes/ar-AAQ26su
Emerging market interest rates are rising too. https://www.ibtimes.com/brazil-hikes-interest-rate-most-two-decades-3326062 Brazil is good example, but lots of other countries have interest rates up in historically normal ranges of 5%-10%. The developed world is looking like the outlier. Are central banks starting to lose control of rates?
Shiba Inu and Squid Game cryptos soar by multi-000%. It's the dot-com bubble on steroids.
Tesla gets an order from Hertz that's worth $4 billion and its market cap rises by $40 billion. Elon Musk's net worth now exceeds Exxon's market cap. Time to short them again?
For October, markets were up across the board. Dow up 5.8% 35800 and S&P 500 up 6.9% to 4605, Nasdaq up 7.3%. Russell 2000 up 4.2%, TSX up 4.8%, and TSX.V posted a major 10.6% increase. VIX settled back down to 16.3. The Dollar was mostly flat closing at 94.14 and the Euro was .2%. 10 Year yield up slightly 2.6% to 1.56. Bitcoin closed at 60698 for a massive 38.5%. Gold's up an unimpressive 1.7% to 1784. Silver was up 8.1% to 23.85. Pt added 6% to 1018. Pd was up 5.3% for the month to 1937. Copper up 10% to $4.46. WTI keeps going higher 11.4% to 83.57. Brent up another 10% to 84.43. Natgas skidded 7.5% to bring it to 5.43. Uranium added to its parabolic move up 7.1% to $45.50, more thanks to the Sprott Uranium Trust.
Ratios: Au:Ag down to 74.7, Pt:Au .57, Pt:Pd .53. BRT:WTI 1.01, WTI:HH 15.4, and AU:WTI 21.3.
Summary:
As you get older, it’s important to have a plan regarding retirement, social security, and medicare. I speak with Mark Singer to address how changes in the economy are affecting these things, and what the benefits will look like based on the circumstances. Social security is seeing a substantial increase, but at the cost of the funds potentially running out faster. Tune in to get insight from Singer and myself on how you can prepare for what’s to come.
Highlights:
-Lots of individuals are wondering what to do in terms of social security, medicare, and retirement
-Mark Singer is the proprietor of 55retire
-Social security is getting the biggest increase we’ve seen in decades…will it last?
-The first two quarters ran about 5.5-6% higher than the previous year, and for the 3rd quarter it showed a 5.9% increase from the previous year
-As a result of this inflation, social security’s liquidity decreased by a year
-If we do nothing, social security will not have enough necessary funding to provide 100% of the benefit. Starting in 2033, they will be able to pay out 80% of the benefit
-There are ways we can increase the funding
-Be cautious of long term investments in consideration of interest rates
-Inflationary prices will probably stay with us for another year
-Get your goals straight and your strategy worked out so that you can prepare for what’s to come
Useful Links:
Financial Survival Network
55retire
Retirement Quiz
'What's Inflation?' with Mark Singer
'Semi-Retire at 55' with Mark Singer
Summary:
How are people becoming so successful by getting involved real estate investing? Zack Boothe comes on the podcast to give us some insider knowledge on how he not only became a full time real estate investor, but started securing high-profit deals by doing so. He presents a concept called ‘driving for dollars,’ and is eager to share some of his expert advice. Tune in for more.
Highlights:
-Zack Boothe is an expert in what I like to call “drive-by real estate investing”
-Boothe wants to share the seven reasons why driving for dollars is the fastest way to make a fortune in real estate investing. A free PDF is linked below
-This strategy allowed him to become a full-time real estate investor
-Boothe has been utilizing his YouTube channel, doing exciting investment challenges, and he recently launched his podcast
-Real estate wholesaling is assigning/selling a purchase agreement
-You can get a property under contract that allows you to sign it to someone else
-He just did his first six-figure assignment through selling an agreement
-He uses an app called Deal Machine to find properties, and he reaches out to sellers
-Even larger deals like this can be completed in just over a week if you have a good strategy
-The foundation of any real estate investing business is generating discounted opportunities
-There is never a bad time to get into real estate investing
-There are incredible profit margins—in Boothe’s case, it is around 80%
-This allows him to have financial and time freedom
-If you’re looking to get started in this industry, make sure you have a coach that can guide you along—you will end up saving a lot.
-Look for a coach that has a heart of a teacher and is helping other people succeed. Make sure it is someone that you like and trust
Useful Links:
Financial Survival Network
Real Estate Wholesaling Course
Driving For Dollars 7 Reasons Free Guide
'He Turned $1000 Into $93,000 in 30 Days' with Zack Boothe
Summary:
We’ve been seeing car/chip shortages, and prices that are through the roof…what exactly is happening in the automobile industry? I sit down and chat with Heath, who is with Ultimate Car Negotiators and has an acute awareness of the trends with vehicle production and sales. The shortage right now is as real as it gets, and it’s something that we’ll need to get used to for a while. Tune in to get advice on some of the things you can do to adjust, as well as changes to be aware of in the realm of buying, selling, and repairing cars.
Highlights:
-We’ve discussed cars, car shortages, prices that are through the roof…what is happening?
-Heath is the ultimate car negotiator
-The shortage is as real as it gets—dealerships are emptying as a result of the lack of car production
-Used cars have gone up about 28% in the past year
-Used cars are becoming the only option
-There is a substantial chip shortage going on—perhaps purposely to maximize profits
-It will probably be fifteen months before things return to a more normal circumstance
-Car dealers are antsy to get more vehicles produced
-There is also a shortage of mechanics to work on cars
-A lot of people now are waiting to get what they want
-People are also becoming more flexible in regard to what car they’re willing to buy
-It will become necessary to order what you want, and wait for it to arrive
-Prices of parts have gotten so high that it is a lot harder to extend the lives of older cars
-Every car now is a “hard-to-get” car
Useful Links:
Financial Survival Network
Ultimate Car Negotiators
Summary:
No matter what, you can always turn your life around and become the best version of yourself. I chat with Randy Gage—who has battled addiction and financial problems, and has ultimately done a 180. He emphasizes the value of mindset, and says that when you start viewing yourself as a victor rather than a victim, you can come to terms with what it is that you want to change in your life. Tune in for an inspiring message from Gage, and for tips on how you can take steps toward change.
Highlights:
-There is always a chance for you to turn your life around and be the best version of yourself
-Randy Gage managed to turn his life around despite getting into a lot of trouble in his younger years
-The break he needed was having someone believe in him more than he believed in himself—one of his friend’s Father’s helped him out
-How do you make people believe in themselves and take advantage of a second chance? You can decide whether you are a victim or victor
-Gage started working on a restaurant and learned he cold play by the rules and still get far in life
-He ended up investing all of his money to start his own restaurant, and he lost it, but learned from this experience.
-People think the opposite of success is failure, but failure is part of the process of succeeding
-Gage tells his story at detention centers and halfway houses
-You have to be committed to working on yourself every day, analyzing what’s working and what’s not working
-It comes down to self-honesty, and you have to admit what needs to change within yourself
-The pandemic also allowed people to re-evaluate their life
Useful Links:
Financial Survival Network
Randy Gage
Summary:
Student loan debt has been a pressing issue in our country for quite some time, with little progress in resolving it. I sit down and chat with Paul Oster to analyze some of the causes of this phenomenon, and possible ways out. It seems that we are in an endless cycle of finance companies lending out more money, causing institutions to up their prices. There needs to be more awareness around the implications of taking a loan, and the long-term financial commitment it entails.
Highlights:
-Student loan debt has been a pressing issue for quite some time
-There has been talk of forgiving student loan debt—which is great in theory—but isn’t necessarily feasible
-What sounds great can be difficult to execute
-We must consider who is going to help fund this
-Student loan debt is something we have to get ahold of immediately; finance companies are lending more, so institutions are charging more. It’s an endless cycle
-In order to forgive this absurdly large sum of money, something has to give
-The deferment period and relatively low interest rates make loans attractive
-There needs to be a more in-depth discussion of these things and adequate planning before loans are taken so that people understand the consequences
-Students don’t receive enough information on all of the obligations of a loan—it can affect the rest of your life and set you back financially.
-It is good for building credit, but only if all payments are made on time
-There are lots of negative consequences that can come about in the case of emergencies
-Income-based repayment entails paying back your loans based on what you can afford
-The government is trying to solve a problem that they created—which typically just makes it worse
-The opposite of financial education is financial ignorance, and at a younger age it’s harder to make a decision that can harm the rest of your life
-Your credit score is either going to save or cost you money every month
Useful Links:
BetterQualified
Financial Survival Network
"Millenials Messing Up with Too Little Credit?" with Paul Oster
"Threat of RansomWare is Quickly Spreading" with Paul Oster
Torq Resources’ Executive Chair Shawn Wallace and Chief Geologist Michael Henrichsen came on to discuss their recently acquired Chilean gold-copper Santa Cecilia project.
Wallace mentioned that Santa Cecilia was always their major goal. He had been hinting at something big during our last interview and now he’s delivered. At 32.5 square kilometers, it’s sitting on a major system in the world-class Maricunga belt. Some historical work had been done in the 1990’s, and then it inexplicably sat on ice for decades, ignored by all.
According to Henrichsen, “This is the real deal… The initial discovery has already been made…” Now they just have to identify the most promising targets. It’s an extremely unique place, which explains why the team spent the better part of two years on its acquisition. Henrichsen’s global mining network was instrumental in getting the deal done, especially in light of the global health concerns that made international travel all but impossible.
To sum it all up, Wallace says, “The Santa Cecilia gold-copper project represents the culmination of our acquisition strategy in Chile. It is our belief that exploration at a project of this magnitude will be transformative for Torq. Now that the project is in place, it’s time to start to realize its exploration potential.”
www.TorqResources.com
Ticker Symbols - TSX.V : TORQ OTCQX : TRBMF
Summary:
On this episode of FSN, I catch up with Chris Vermeulen on what’s happening with the metals, as well as other sectors subject to the effects of inflation and market trends. The metals have been struggling for the last year, and when you look at the miners, they’re starting to break to new highs. We’re looking for a pause/pull-back and then a surge higher to indicate that the sector is about to take off. Tune in for more information and predictions from myself and Vermeulen.
Highlights:
-Chris Vermeulen tells us what’s going on with metals
-The metals have been struggling for the last year
-When you look at the miners, they’re starting to break to new highs
-It’s frustrating to see the back and forth trend, but the miners are starting to show a bit of strength
-The market is at a nice run, and we may see a pull-back for a week or two
-Gold miners are bottoming from a technical standpoint
-Gold miners and precious metals could be shining by the end of the year
-Key indicators of the sector about to take off will be a pause/pull-back and then a surge higher
-During the pause, more money will pour into these sectors
-They haven’t committed to the turnaround yet—we need to see higher prices
-We just saw a year-long consolidation, so it just has to turn the corner
-Oil, energy, and natgas do not seem like they’re going to pull back at all
-Energy stocks have been leading the way higher, and this is a good sign
-FPL is getting a 3-4% increase—pretty much all of it is natgas
-Power generation has a lot of fixed costs, and doesn’t instantly correlate with higher electric prices—but they it eventually drive electric prices higher
-People are relying on Florida as a port—which seems to be at capacity
-This is an interesting time for investors and the stock market
-Transportation is leading the way
-The small cap sector is trading sideways in a tight range
-The stock market is probably starting a major run towards the upside
-We need to see if the Russell is going to break out—which could lead to a euphoric phase in the stock market
-Due to inflation, commodities are on fire and everything is up
-Real estate is on fire, but real estate agents are doing too well—there are a surplus of agents with a lack of people looking to sell homes
-Is this going to lead to prosperity? After every good rally, we see a pause or a rough patch
-The Russell 2000 has a really strong looking chart—it has a lot of upside
-This year has been dormant in terms of sectors
-Tech sectors are probably going to lead the way
Useful links:
Financial Survival Network
The Technical Traders
"Gold, Silver, U.S. Dollar, Canadian Dollar" with Chris Vermeulen
"Market Drop Following Last Fall's Pattern" with Chris Vermeulen
Summary:
Are you or is someone you know looking to quit smoking cigarettes? On this episode of FSN, I sit down and chat with Setti Coscarella, the CEO of TAAT Global. TAAT is a cigarette replacement that is doesn’t contain nicotine, tobacco, or any of the other harmful ingredients in cigarettes. It still satisfies the taste of a cigarette, and contains CBD—which allows one to feel the calm sensation that a cigarette gives off. Tune in to hear more about this fascinating, healthier alternative to smoking that has the power to change the industry.
Highlights:
-We discuss a cigarette replacement that it made from hemp and doesn’t contain nicotine, tobacco, or the harmful ingredients in cigarettes
-It still satisfies the taste of a cigarette, and gives the calm sense that smokers traditionally enjoy from smoking
-All cigarette alternatives rely on the consumer being addicted to smoking/the product
-TAAT contains CBD, which operates as a calming property
-Smokers go about their life in a state of withdrawal, but with TAAT, you don’t have to face this effect
-It is designated to be a smoking replacement
-This gives consumers something they can enjoy as much—if not more—than a cigarette
-They are currently adding more states and countries to their market
-If you register with TAAT, they’ll send you your first pack for free
Useful Links:
Financial Survival Network
TAAT Global
Summary:
When it comes to investing, it’s a veritable minefield out there. I sit down and chat with Mariuscz Skonieczny, the creator of MicroCap Explosions, to get access to some of the advice he gives to current investors. Especially when competition is so fierce, it can be profitable to consider lesser exchanges with lower competition—this is where value abounds. Tune in to hear about Skonieczny’s strategy for finding companies to invest in so that you can take advantage of good opportunities.
Highlights:
-When it comes to investing, it is a veritable minefield
-Some people think resource investing is dangerous, but it can also be very profitable
-When you go to lesser exchanges, it seems that value abounds there
-The central concept is competition—this dictates most things in life
-With big exchanges, everyone is paying attention to them and there is a lot of competition
-It can be beneficial to go places with little competition, like with secondary exchanges
-Oracle Resource has a copper project in Mexico, and Skonieczny discovered this a few years back
-He started investigating this company and learned that they were involved in a legal battle over a title dispute
-How do we recognize these deals? There is no particular formula, but it’s important to have an open mind; look at all the moving parts and analyze what is happening
-Have someone within the company explain to you why you may be interested and what is going on with the company
-Success in investing is finding good opportunities and letting them play out
-Investing involves a lot of sitting and waiting—you have to be willing to be patient
-Go through every company on a particular exchange individually
Useful Links:
Financial Survival Network
MicroCap Explosions
Tier One Silver CEO Peter Dembicki, joined us for a sponsor update. Recently, the company received additional high-grade channel sampling results from the Cambaya target, located at the flagship Curibaya project in Peru. These samples have defined a sizeable area, (exact size currently unknown) with grades as high as 1853 g/t of silver eq. As a result, the company applied for a 200-hole drill permit on up to 20 new drill platforms, thus greatly expanding the total number of drillable holes at Curibaya. The rainy season is fast approaching and Dembicki expects drilling to begin in Q2 of 2022, once the rains subside.
Dembicki stated that, “The Curibaya project has advanced considerably over the past six months and increased our confidence in the potential for a world-class silver discovery. The work we have done has resulted in a larger footprint of high-grade silver mineralization, seen in rock samples as well as the recent channel samples from the Cambaya target.”
Now, all Tier One Needs is for its assay lab to release their long-awaited drill results, which should help better define the scope of the discovery and make Tier One Silver even more attractive to investors. (We own shares).
Company Website: TierOneSilver.com
Ticker Symbols: OTCQB: TSLVF – TSX.V: TSLV
In this Triple Lutz Report, I focus on what has been an increasingly prevalent topic in today’s economy: non-transitory inflation. The fed has been telling us not to worry, but the current trends say otherwise. So many commodities have already shot up in price, and more are on their way up. Tune in to hear some analyses and predictions regarding the economy, and to get an idea of what to expect in the coming months and years.
Highlights:
-Non-transitory inflation is the subject: the fed has been telling us not to worry, but it looks as if the situation is not getting better
-Inflation never went away—we’ve had it since the federal reserve was created, after WWI, and after WWII
-In 2020, 38% of all NatGas used in the US went towards generating electricity
-We’re going to see higher electric prices soon
-Heat is also going to rise in price
-Your largest annual expenditure is taxes—especially with indirect taxes that are hidden from consumer view
-Costs of commodities are going to increase exponentially (i.e. appliances) and your choices are limited
-Food prices are also being driven higher—and the government excludes it from the consumer price index
-The fed will have to choose the economy or the currency
-Whoever has the gold makes the rules
-US sales of guns and ammunition have catapulted forward
-All of the low trends are coming to an end—it’s time to decide what you can do to protect yourself and your family
Useful Links:
Financial Survival Network
Summary:
David Morgan comes on the podcast to give us insight on the markets. We tackle inflation—which is not so transitory after all—the future of the dollar, the Chinese real estate debacle, and the precious metals market. A lot is changing and there will probably be many unintended consequences that our nation needs to prepare itself for. Tune in to find out more about what’s to come where the markets are headed.
Highlights:
-Inflation is not so transitory; what does this mean for the economy and your ability to accumulate wealth?
-By definition, inflation is an increase of the money supply. We’ve done this by about 20% since the new administration came into office—but it’s been this way for years
-The deficit keeps increasing
-If you don’t trust the dollar today, why would you trust the future dollar?
-When you control the price of money, you control everything
-If interest rates are near zero, this means that money has become less valuable
-There will probably be many unintended consequences with cryptocurrency and Chinese real estate
-The US market has not taken hold of these consequences yet
-Oil is reflecting what’s happening in the economy
-Platinum is going to go higher than Palladium
-The metals market in the worst of times will do well
-Must look at where the market is going with goods like electric cars
-China real estate is in big trouble
Useful Links:
Financial Survival Network
The Morgan Report
Summary:
John Rubino and I catch up on all things in the economy starting with false information in the media—we are not receiving honest commentary on inflation, which could lead to other problems down the road. Furthermore, we discuss some of the effects of inflation in sectors such as energy, and discuss issues surrounding the Chinese real estate market and what could potentially happen.
Highlights:
-Is gold going to have its rally? When is it going to happen?
-Joe Rogan exposed CNN for giving false information to adhere to their own agenda
-The mainstream media is losing popularity and credibility
-Attention is shifting from corporate networks to independent journalists
-The media has lied about inflation—these lies can be fatal
-$80+ per barrel oil
-Heating bills in American homes are predicted to rise
-The whole energy complex is in an inflationary spiral
-How long does this have to continue before we see it as a psychological market shift?
-People are buying things in fear of not being able to get them later at a reasonable price
-You need to hold assets that are going to go up
-It’s better to be a debtor in an inflationary period
-Developing countries are terrified of inflation in ways that we are not
-Labor has the power to start clawing back some of the wealth taken from it
-Renting is going to be a really difficult thing to do—they will be set by people charging as much as possible
-The Chinese real estate market is the largest asset class
-Chinese real estate and US treasury seem connected
John Rubino 10-18-21
Rogan!
Americans’ heating bills to soar up to 50% this winter
Oil is over $80 a barrel.
Labor flexes its muscle as leverage tips from employers to workers (wage inflation) Labor unrest is making a comeback in the USA. Wages going up is a really bad thing as far as the Fed is concerned.
Emerging market central banks raising rates because inflation is deadly there (this is big)
Potemkin store shelves https://twitter.com/DonDurrett/status/1449865683324395526?s=20
Renters are getting squeezed. Hedge funds are buying up the available housing stock and will squeeze the renter class.
Chinese real estate bubble is bursting, perhaps the largest bubble in history and creation. 75% of household assets are wrapped up in real estate.
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
Inflation is affecting many areas of the economy, so how do you ensure that it doesn’t affect your retirement plan? I interview Jim Sloan to discuss this topic so that you can live life your terms in these inflationary circumstances. It’s important to educate yourself on this topic and know the facts, and look into valuable retirement plans that will benefit you in the long run. Tune in to hear more from myself and Sloan on this topic.
Highlights:
-Will your retirement keep up with inflation? Even with a decent return, you may face problems
-How do you live life on your terms in inflationary circumstances? It’s important to become informed and make financial decisions based on logic and actual facts
-Many peoples’ incomes are not keeping up with inflationary factors
-Inflation will probably remain around 5% in most advanced economies
-We are having increased inflation, but people should not necessarily worry about hyper-inflation
-Old models cannot be used anymore
-Fixed annuities and index annuities are worth looking at
-Not many people want to plan their income based on a life insurance policy
-Almost every insurance policy is not designed or funded correctly
-Index annuity gives client the greater potential to earn the 5%
-This year, social security benefits are going up
-A lot of people don’t know the optimal age to take social security, and this is the most important component of social security
Useful Links:
Financial Survival Network
Jim Sloan
Summary:
Are you trying to be successful in real estate? In this episode, Douglas Beck shares his insights into the real estate market and valuable experiences that are relevant to those looking to grow within this market. It’s a tough time to try and do wholesale flips and fixing, but buying and holding will allow you to invest and build your portfolio. Tune in to hear more from myself and Beck on how you can navigate real estate in the current economy
Highlights:
-Douglas Beck started out in corporate IT and procurement, and then got into real estate
-He was always looking for a way to exit the corporate world, because it didn’t align with the entrepreneurial spirit he grew up around and possessed himself
-We discuss how to make money in the current market—it’s hard to do wholesale flips right now
-Beck’s company primarily focuses on renovation projects right now
-Flipping and fixing is a business, but buying and holding is an investment
-It’s a good idea to build up a good portfolio if you want to be successful in real estate
-If you’re buying right now, inflation could help you; interest rates are low
-Hedge funds are buying all over the place
-Follow the surges in activity—especially companies buying in bulk
Useful Links:
Financial Survival Network
Douglas Beck
Summary:
I sit down and chat with Mark Skousen about the Freedom Fest Conference as well as the economy and crypto to analyze the shifting market and what’s to come. The economy is picking up and we have been seeing an ongoing inflationary boom. The biggest anomaly, however, is that gold and silver haven’t moved. Could crypto and the digital currency revolution be a key player in the future of our economy? Tune in to find out more, and to hear about Freedom Fest and how you can get involved.
Highlights:
-Interest in Freedom Fest has increased significantly, especially since the pandemic has eased—they had a record crowd at the conference this year
-The economy is picking up
-There is an inflationary boom (labor shortages, supply chain problem, etc)
-Inflation is coming back with a vengeance
-Commodity prices are rising, shortages are developing, wages are going up, and people have more money in their pockets
-The biggest anomaly is that gold and silver haven’t moved
-The only thing that has changed is that crypto/Bitcoin have possibly replaced gold and silver
-Gold went up at the start of the pandemic, and now it’s retracing
-You can guess what is going to happen or when something is going to happen, but not both at once
-Can governments allow cryptos to remain unfettered? They’re probably here to stay
-You can’t eliminate deception and fraud in business, but you can minimize it
-There is regulation that’s coming with crypto because companies are coming out with ETFs and have to get approval
Useful Links:
Financial Survival Network
Mark Skousen
Summary:
I sit down and chat with the masterminds behind Infinite Making to get an idea of what this company is and how you can financially benefit from their services. There’s a lot of turmoil in the markets and it’s crucial to think about how to grow your money. Infinite Wealth combines various teachings and incorporates a specially designed life insurance policy so that you can see valuable results. Tune in to find out more about this growing company.
Highlights:
-There’s lots of turmoil in the markets, and we need to think about where to put our money and how to make it grow
-Infinite Wealth combines various teachings and incorporates a specially designed life insurance policy
-The product will get you 20% of your results, and the process will give you 80% of your results
-This is designed for cash value, for people that need a place to put their money
-Their purpose is to have as much cash as the IRS will allow
-You pay the same premium, but typical financial advisors get 2.5 times more commission
-They value transparency
Useful Links:
Financial Survival Network
Infinite Wealth Consultants
Summary:
Central banks come and go; monetary systems go—but hopefully the US Dollar is forever…right? I sit down with Joseph Salerno to discuss some of the implications of federal spending—which has increased exponentially. It is ultimately essential that we take taxes off minor things in (gold, silver, bitcoin, etc.) just in case the Dollar does crash. Tune in to hear more insight about what’s to come with rates, inflation, and our currency.
Highlights:
-Central banks come and go; monetary systems go—hopefully the US dollar is forever, but we cannot be sure
-Federal spending is out of control—just in the last year, the fed has added $2.5 trillion dollars to the money supply
-This money doesn’t just drive up prices. It enters the economy and goes through Wall Street
-Interest rates are being pushed very low which allows the federal banks to run deficits
-Every time the alarms go off, we step back and don’t resist the tremendous increase in spending
-We need a competitive currency we can use in case the dollar collapses
-We need to take taxes off minor things (gold, silver, bitcoin)
-Congress debates are a rush for power, and economic issues have taken a backseat
-We’re in the midst of national emergency, so economics take a backseat
-The huge spending is hollowing out our economy, making it less productive in the future
-The government has shut down large parts of the production structure, and we are still seeing the effects of this
-If the fed raises interest rates in a serious way, we are going to have a collapse
-We have to stop increasing the money supply and bring spending down as much as possible
-The people who have been saving will benefit from this collapse, or the move back to more realistic pricing
-In this situation, you don’t know what’s happening until it’s too late
Useful Links:
Financial Survival Network
Mises Institute
Summary:
The underlying theme of the current economic circumstance is that transitory inflation is not so transitory, and I sit down with Jim Welsh to chat about this ongoing phenomenon. It seems that inflation is either going to reach a higher level or plateau, and deflation is most likely going to be the even bigger risk at play. Listen in to hear more from myself and Welsh about what’s happening in the economy and what to expect during this tumultuous time.
Highlights:
-Transitory inflation seems to be yesterday’s meme or theme
-Now purported tapering and employment numbers have to fit within this
-It’s no coincidence that treasury yields are starting to head North
-People wanted to believe that inflation would be transitory
-Inflation is going to reach a higher level or plateau
-Deflation is probably the bigger risk—population growth and lack of productivity growth determine GDP
-We’re going to see a pop in the metals, and gold stocks will probably move higher in the next 3-5 weeks
-The economy at large is slowing
-People can’t spend their money because there is not enough supply to fulfill this
Useful Links:
Financial Survival Network
jimwelshmacro@gmail.com
Summary:
It looks as if we had the shortest correction in history within the markets, and I sit down with financial expert Brad Williams to discuss some of these changes. Natural gas prices have gone up with the change in policy—and as a result we have seen increases in other areas as well. Williams advises that we look at the stock market from an investing standpoint rather than a trading standpoint and focus on things that generate income. Tune in to hear more useful tips and insights.
Highlights:
-It looks as if we had the shortest correction in history for the markets
-We are in for a tough winner with natural gas prices going up with the change in policy
-When fuel increases, the cost of everything else goes up
-Is the stock market just beginning to comprehend the disruptions?
-It seems like too many people are looking at the stock market from a trading standpoint and not an investing standpoint
-Un-sound economic policies have consequences
-It’s important to be defensive and look at things that generate income
-It’s hard to imagine what would happen if interest rates normalized at this point
Useful Links:
Financial Survival Network
Brad Williams Financial Services
Summary:
We are constantly wondering what’s next with crypto. I sit down and chat with Gabriele Musella to get some insights on where it’s headed, and some of the services available to allow you to have success with this market. Crypto is converging with the rest of the existing currencies, and is becoming increasingly prevalent as central banks reach the end of their primacy.
Highlights:
-What’s next with crypto? Bitcoin has jumped up to 57,000
-Crypto is heading towards natural convergence with the rest of the market
-Crypto will end up replacing other things within the market
-The US has decided to let the space flourish, whereas other places have been more wary
-Want balance between personal freedom and those that control currencies
-Central banks are perhaps coming to the end of their primacy, and we will see the democratization of currency
Useful Links:
Financial Survival Network
Coin Rule
Summary:
I sit down with Joel Skousen to discuss international affairs—in light of recent events, people are wondering if China will invade Taiwan, and the global implications of these issues. There is little knowledge around precisely how many warheads China has, which poses a bit of a threat to the US especially. Tune in to listen to myself and Skousen discuss potential future scenarios, and to learn how you can take precautions in the event of widespread controversy.
Highlights:
-Will China invade Taiwan?
-It seems that the US cannot be counted upon
-China has never had any arms control agreement with the West
-They keep saying they only have 375 warheads, but no one actually knows how many the Chinese have—which downplays Chinese threats
-There will most likely be a nuclear war
-Globalists have always used war to push into the goal of a militarized global government
-The US doesn’t have the best warhead advantage
-It might be smart to get out of Bitcoin for when the Internet does go out in a war situation
-The world will probably not knit back together in the same way
-Russia and China are intending to strike—and it will probably be ready towards the end of this decade
Useful Links:
Financial Survival Network
Joel Skousen
World Affairs Brief
Summary:
Are we witnessing the shortest stock market correction in history, or is there more to come? I sit down with Avi Gilburt to discuss the correction as well as inflationary circumstances that have created a lot of economic speculation. We also talk about energy, which has had great returns, but is not necessarily indicative of the economic state. Tune in to hear more valuable insight on the economy and all of its happenings.
Highlights:
-Are we witnessing the shortest stock market correction in history? Or is there more to come? And what’s happening with inflation?
-We have hit the minimum target with the correction
-If the market doesn’t pull back correctively from the next high, this is going to put us back on track to looking at one more test before we try again
-A lot of this is speculation, and getting an edge
-Energy has had great returns
-We’re expecting more rally within energy
-The big energy issue lately has been natgas
-Some people think higher oil is indicative of the economy doing well, and others think the opposite
-The economy follows the market
-The stock market seems to have always been the leading indicator of the economy
-Inflation isn’t what everyone is making it out to be
-Prices are going up in certain aspects, but the purely economic definition of inflation says that all prices should be going up
-We have a large increase in the money supply, but no velocity of money
-We still have price displacement
-Disappointed with the action of gold
-The IWM is setting up to outperform again
-The dollar is going to be getting more of a rally
Useful Links:
Financial Survival Network
Elliott Wave Trader
Summary:
I sit down to chat with Brian Lundin, who will be joining me on October 19th at the 2021 New Orleans Investment Conference. We talk all things economy—addressing the precious metals, China, digital currency, and more. Tune in if you want some insightful updates as well as more information on the upcoming conference.
Highlights:
-October 19th is the New Orleans Investment Conference
-Precious metals don’t appear to be behaving rationally—in the inflationary environment, you would expect to see increases in gold and silver
-Either gold is unresponsive or hyper-responsive
-We’ve seen a typical correction in gold based on history—it’s not out of the ordinary
-The fed is constrained on a lot of fronts, and gold is in a holding pattern right now to see what it can do
-Central bank digital currencies are on the way as a tool to be used for efficiency
-A lot of China’s economy is insulated from the West; there are a lot of western investors
-We haven’t seen things this interwoven before, but China has spread a lot of their economic effects across the rest of the world
-We could have a slow-down in the Chinese economy and it would have an effect on commodities
-The conference will be in-person and it will be like a homecoming for investors around the world
-There’s going to be a blockbuster event with a multitude of top-thinkers in the market
Useful Links:
Financial Survival Network
New Orleans Conference
Summary:
The markets have hit some rough patches today, but this is ultimately inevitable. I sit down and speak with ___ to discuss these issues as well as how we can address them in a realistic and efficient manner. The economy moves in cycles and it’s important to be cautiously optimistic. If you can maximize opportunities no matter what position you are in, then you will see a great payoff. We are all in the same boat in terms of predicting what the economy is going to do, and it’s important to keep a well-informed, level perspective.
Highlights:
-The markets have hit a couple of rough patches lately—is this the start of the long-awaited correction?
-When markets go one way for too long, they reverse eventually
-The economy moves in cycles, and we are cautiously optimistic—which is normal when you’re investing
-It’s about maximizing opportunities in whatever position you’re in
-People have been generally rewarded for taking more risks in the market and being more aggressive, even though there have been pullbacks
-No one has a crystal ball, and we have to read the signs as best as we can
-The system will never be perfectly efficient; there’s no singular algorithm
-It’s never all on or all off. You need to find the balance based on what’s going on
-The key to taking advantage of volatility is having more capital to put down on the market
-It’s hard to get in at the bottom, and it’s hard to get out at the top
-Measuring success in the distribution phase is subjective. You must ask yourself if you’re reaching your specific goals—it’s going to be different for everyone
-You need to continually update your plans
Useful Links:
Financial Survival Network
Stride Financial
Summary:
A budget proposal was just put out by the government, and Michael Busler comes on the podcast to walk us through this proposal and some of the implications that accompany it. The federal government has spent trillions more than they received in tax revenue during the last two years, which has called for a major tax increase for higher income individuals. While this benefits lower income earners, it ultimately reduces capital formation which is vital within our economy. Tune in to hear more from myself and Busler about what the proposal means and to increase your awareness of this topic.
Highlights:
-A budget proposal was put out, and Michael Busler is going to walk us through this
-The federal government spent $3 trillion more than they received in tax revenue last year, and they will do the same this year
-The plan that Biden puts out takes income away from those that earned it, and gives it to people that have not
-They’re going to provide lower cost/free healthcare, free education, and other benefits that would go to lower income Americans
-Biden says he’s going to tax those that make over $400k per year, but this is only about 1% of Americans—the average American will also see rising taxes
-He states that these plans will not cost anything, nor will they add anything to the debt
-By over-taxing the highest income earners, you reduce capital formation
-With income, you pay taxes, and then with your disposable income you spend or save it
-Most people spend most of their disposable income
-Wealthy income owners still have much income leftover to save and invest, which becomes new capital for the economy (which we need in our economy)
-This tax increase thus takes away from this new capital. This could lead to a capital shortage, which means businesses would have to raise prices
-This only helps the lowest income earners, and everyone else will feel the negative impacts of this plan
-They need to raise the debt ceiling relatively soon
-It will replace individual responsibility with social responsibility
-America became so prosperous because it encouraged individual freedom/responsibility as well as low taxation, and government role was very limited
-Biden’s current plan goes against those values
Useful Links:
Financial Survival Network
Michael Busler - Facebook
Summary:
Todd Bubba Horowitz and I catch up on all things economy, and address some of the negative changes that have incurred over time. Essentials such as energy are going up in cost, and water is also seeing a major price increase. We are facing a currency crisis as a result of the inflationary circumstances, and debt is bound to accrue in light of this. Tune in to hear more from Horowitz and myself, and get up to speed on the economic situation.
Highlights:
-Most things you do to survive requires energy, and energy costs are going up
-We are in the infancy of this mess; it can be fixed easily, but it will not go this way
-Water is also going to go up in price—we’ve had water shortages and will have to de-salinize
-As an America it is your duty to minimize your tax burden; there’s a difference between tax evasion and tax avoidance
-Many Americans only focus on being able to make monthly payments—not the bigger picture
-Replace appliances when you can—you never know what will happen with the supply chain
-The more governments try to prevent crypto-space, the more powerful it will become
-Don’t take all your money and put it into one thing—it’s good to have diversity. Gold, however, is critical
-We have a debt-based currency - “buy now, pay never” plan
Useful Links:
Financial Survival Network
Bubba Trading
Summary:
The supply chain has raised a lot of concerns, especially in consideration of the upcoming holiday season. Carl Gould comes on the podcast to talk about this, and to give advice on what we can do to compensate for these disruptions. If you see something that you know you’re going to need, it’s probably wise to get it now—especially if it’s trendy, or comes from a manufacturer overseas. Tune in to get advice on how to adjust to some of these changes in preparation for the coming months.
Highlights:
-The supply chain has been affecting all aspects of life lately—if you see something you want now, it’s best to go ahead and get it
-Especially in consideration of the holiday season, it’s important to start thinking about purchasing things soon since the supply chain is so far behind
-Popular and trendy items will be especially hard to get ahold of at this point
-The category of item will likely be available, but not the specific item itself
-We don’t have the labor force to load/unload ships and ships are leaving without being fully loaded
-Secondary markets are equally robust, and worth considering (i.e. Ebay, Facebook Marketplace, Poshmark, etc.)
-The supply chain disruption affects many areas of your life
-Anything coming from overseas, especially apparel, is going to require a long wait
-Europe is going to have disruptions as well
-It may be a good year to give things that are experiential rather than tangible
Useful Links:
Financial Survival Network
7 Stages Advisors
Summary:
Cryptos have become increasingly prevalent, but does this leave room for the precious metals? I sit down and talk to Joshua Scigala, who is very well versed in both digital and tangible modes of currency. Interestingly enough, Scigala says that the two can and should coexist. Fundamental changes in the banking system demand that we find new ways to cultivate value—this is where crypto becomes crucial. Tune in to hear about the interplay between differing currencies and how we can view them in sync.
Highlights:
-Cryptos have been very high—but the same is not the case for the precious metals
-What is the future of cryptos? It is extremely bright
-We have rare digital assets
-An unfortunate misunderstanding exists between gold and crypto enthusiasts
-Gold and crypto can work beautifully together
-Charging interest that doesn’t exist in the system is fundamentally corrupt
-Inflation steals everyone’s wealth
-The schooling system doesn’t address where money comes from, and the banking mechanism is fundamentally flawed
-There has been a fundamental change in what banking is
-Don’t fight the existing system; build something new
-Put your skepticism aside and consider whether the concept of a rare number could be real
-Digital files have never been good for anything rare
-Put a little bit of money in on a regular basis
-Governments will never completely agree on crypto
Useful Links:
Financial Survival Network
The Standard
Summary:
As our economy drifts into bankruptcy and financial crisis, we are experiencing a widespread loss of trust. I sit down and chat with John Rubino to dissect this, and it seems that we are within a system and cycle that isn’t working so well anymore. We discuss tax changes, healthcare issues, debt, and some of the factors that are ultimately creating a larger controversy.
Highlights:
-There has been a major loss of trust—people are perceiving things as either dishonesty or incompetence as we drift into bankruptcy and financial crisis
-Don’t try to change the system; leave it
-The US and Europe are tax havens in some areas
-New York is letting go 70,000 unvaccinated healthcare workers, which is going to create a massive shortage in healthcare workers
-When interest rates goes up, that means that market participants demand them to go up before lending money to anyone
-The yields on US government debts are starting to rise in response to inflation
-Other countries have to pay more to borrow—dollar denominated debt
-Many small problems will eventually create a larger energy crisis
-Energy and food are quite closely related
-Water is also skyrocketing in price—requires energy to get delivered to your home
Useful Links:
Financial Survival Network
Dollar Collapse
‘Pandora papers’ reveal how world leaders dodge millions in taxes
NY deploys National Guard to replace 70,000 unvaccinated health workers
Facebook’s covid fact-checker is funded by vaccine lobby
$2.2 million raised for Marine in brig after criticizing Afghan chaos
Look at all the millionaires in Congress (1% of Americans are millionaires, but 50% of congressmen are)
Fauci says ‘too early to tell’ if Americans can celebrate Christmas
If we have time ...
Specter of Treasury rout comes at grim time for emerging markets
Ford’s sales improving but still down by 27.4% in the third quarter
German power plant halted after it runs out of coal
Evergrande crisis drives China gold buying higher
India’s gold imports surge as prices correct ahead of festivals
Summary:
Andy Schectman and I sit down to discuss the precious metals, inflation, and some of the recent shifts in the economy that have left people wondering what’s in store for us as a nation. It seems that transitory, in regard to inflation, has taken on a whole new meaning. We are not going to see inflation disappear eventually; rather, it is most likely structural, and will continue to increase. Furthermore, we look to the precious metals as a way to maintain a sense of privacy in a world where it seems to be dissipating—gold and silver seem to be the only dependable way to secure your wealth.
Highlights:
-The precious metal markets have not been behaving well—silver is under pressure right now
-Many things that are vitally important are not spoken about in the media; there’s a lack of honest reporting
-What does transitory even mean in light of the current inflation?
-The shift in inflation could be structural, and continue to increase
-The Chinese are on the path to taking over the reign of the economic powerhouse; wealth is moving eastward
-Our infrastructure bill will probably not even go towards infrastructure
-China is building relationships and assets that will allow them to transition
-The biggest thing in the tax bill is the proposal to monitor all gross in-flows and out0flows of money above $600 on all platforms (Venmo, PayPal, etc)
-Precious metals give a sense of privacy in a world where privacy seems to be dissipating
-The biggest problem will ultimately be people not being able to source anything
-There will most likely be higher premiums on gold and silver
-In regard to the supply chain, there are shortages of everything
-Keeping interest rates low is the only option
-You don’t buy gold and silver to get wealthy; it is wealth
Useful Links:
Financial Survival Network
Miles Franklin
Summary:
Websites are a great way to generate more revenue for businesses. In this episode, I consult Arthur Root on how one can optimize digital content and generate calls to action that are most effective for your website. Root says that machine-learning software is key; these programs operate like plugins and are easy to implement. The software determines what features will be most beneficial, and you can then integrate them within your site. Tune in to learn more about how you can make your website better and up your sales as a result.
Highlights:
-How do you turn your website into a money machine? Root has a lot of insight on this
-There are so many possible combinations of content/calls to action you can try out
-First, create your content. Then, start to use advanced tools to focus on creating content, and let the machine to determine what calls to action will be most effective
-Machine-learning based solutions are most efficient
-You can focus the machine-learning software on the designated money making pages
-Look at for software provider to do this
-You can integrate the software like a plugin
-Run analyses after users visit the website
-This is relatively inexpensive, and you can make up the cost for it when you generate extra sales
-You can implement the software in about an hour
-Focusing on page load speed time can also help your website
-Taking time off loading speed increases revenue
Useful Links:
Financial Survival Network
Nostra
For September and the quarter, markets were down across the board. Dow down 4.3% 333844 and S&P 500 off 4.8% to 4308, Nasdaq of a larger 5.9%. Russell 2000 down less 3.0% to 2204, TSX off a minor 2.5%, and TSX.V slammed for another 4.2% decline. VIX took off at 23.10. The Dollar went up another 2.0% to 94.20 and the Euro was off another 2%. 10 Year yield kept going up - 16.9% to 1.52. Bitcoin was slammed 6.6% to 43836. Gold kept losing ground off 3.3% to 1755. Silver was off another 7.5% to 22.11. Pt off 4,8% to 960. Pd crashed 23.5% for the month to 1840, under 2000. Copper lost 5.4% to $4.06. WTI rose 9.5% to 75.030. Brent up 7.7% to 78.52. Natgas had a parabolic move adding another 34% to bring it to 5.87. Uranium also went parabolic adding 22.7% to $42.50, thanks to the Sprott Uranium Trust.
Ratios: Au:Ag rose to 79.4, Pt:Au .55, Pt:Pd .52. BRT:WTI 1.05, WTI:HH 12.8, and AU:WTI 23.4.
Summary:
Are you wondering where gold and silver prices are headed? In this episode I speak with David Erfle, who has been spot on about prices for a long time. In our conversation we break down some of the underlying factors that have affected prices—specifically corrections and the imminent quarter close. We also discuss inflation, which has played a large role in some of these fluctuations. Tune in to hear more from myself and Erfle, and get the full picture of what’s happening with the metals market.
Highlights:
-Where are gold and silver prices headed?
-David Erfle has been spot on about prices for a long time
-Perception is the buzz word with precious metals
-There could be a bounce before the quarter close—it’s over-sold on the short term
-Premiums have come down a bit, but in light of the last decline, they will probably shoot back up
-The stock market is due for a correction
-Gold stocks have gone from being hated, to investors being apathetic
-In instances like this, you want to still be leveraged with stocks and still have a large cash position
-The catalyst to push gold prices higher could be an official taper announcement at the next Fed meeting
-Gold price will get hit more with a mediocre NFP
-Everything is going up in price—commodities, natgas, etc.
-Real inflation is here to stay
-We are trying to solve a sovereign debt crisis with more debt
-Insurance is on sale; the insurance is gold
Useful Links:
Financial Survival Network
Junior Miner Junky
Summary:
To catch up on economic trends, I sit down with Gordon T. Long and talk all things economy including the precious metals, inflation, and the supply chain. There are problems ahead as we have said before, and we’re seeing some of these now in equity markets. Some of the latest concerns include liquidity shock, global growth shock, supply shock, and Chinese credit. Tune in to hear more from myself and Long about how these debacles came about, and what to expect in the coming months.
Highlights:
-What are the economic trends?
-Long states that there are problems ahead—we’re seeing these now in equity markets
-Silver is getting crushed; gold has hardly moved
-Silver is so prevalent in electronics
-Silver dropping means that there is a global growth concern since the dollar is spiking in parallel
-We are seeing a liquidity shock, global growth shock, supply shock/demand shock, and Chinese credit
-We are seeing higher commodity prices/higher consumer prices
-If all money is going into buying assets, it’s not turning money
-Inflation is looming
-Labor costs are going up—there is a shortage of workers
-There is a downside on precious metals before we hit the bottom
Useful Links:
Financial Survival Network
MATASII
Summary:
Markets continue to fluctuate up and down, and in this episode I discuss these fluctuations with Gil Baumgarten. Baumgarten reassures us in saying that It is not good for money to only head in one direction—it’s vital for markets to take one step back so that true base value can be found and the market stays in sync.
Highlights:
-Markets are in flux—they tend to fluctuate up and down
-Are we having the much awaited correction? Will it become a crash?
-It’s not good for money to only head in one direction—it needs to shake from time to time so that true base value can be found. It’s like trimming the hedges in your yard; they come back healthier
-Every boom ends with a bust, but the marketplace typically takes four steps forward and one step back. The one step back keeps the market in sync
-There are a lot of negative trends occurring
-Biden inherited a booming market with full employment due to full taxation
-Should investors get rid of all their tech and move to energy?
-High energy prices are inevitable
-A lot of people are thinking that we are at the end of fossil fuel transportation
-Electric consumes fossil fuels too—just out of sight
-Perhaps we have an electric future, but it will not happen overnight
-Policies are hostile to US energy and consumption—which puts people at a disadvantage
-Deck-clearing events produce the opposite outcome in their wake
Useful Links:
Segment Wealth Management
Gil Baumgarten
Summary:
Do you ever wonder how Fortune 500 companies make billions of dollars but seem to not pay as much in taxes? I sit down and chat with Steve Moskowitz to discuss some of the ways that you can eliminate paying as much in taxes on your investments. Tax playing can especially be utilized in retirement accounts, and there are multiple benefits that come with them. Tune in to get tips from Steve himself and to start saving on your taxes.
Highlights:
-A lot of people wonder how companies make billions of dollars and don’t pay taxes—this has to do with tax playing
-If you’re a business or investor, you need to look at retirement accounts
Three benefits to retirement accounts:
1. You will get a big tax deduction
2. When investments earn money, they aren’t taxed the same as they would be in normal investment accounts
3. Special treatment within federal law
-If you go bankrupt, you keep 100% of your retirement account
-One lawsuit can wipe you out, but not if you’re an entity
-Some states allow you to set up multiple entities, but only pay one fee
-Set up a retirement account for the company managing your investments
-ERC - government stimulus program for employers (grant)
Useful Links:
Financial Survival Network
Moskowitz LLP
I sat down with Fury Gold Mines' Chair Ivan Bebek and new President/CEO Tim Clark for a sponsor update. Bebek heartily agrees with Rick Rule's prediction that 2022 will definitely be the year of the explorer. If they're right, then it could also be the year to be a Fury investor.
Clark explains that he was extremely fortunate to join and lead Fury's exemplary team; all it needed was a refocus on drilling. He has 23+ years of experience working on the finance side of the sector. Since joining, he has cut costs significantly to ensure that drilling dollars go even further. The team is driven to make a major discovery and thereby unlock Fury's value.
A recent CAD $5 million private placement leaves the company in an excellent position to build upon already impressive drill results. Clark's extensive contacts with large institutional investors will help keep the money spigot open and flowing.
Assay lab delays are still prevalent across the industry, and the company has a huge quantity of samples waiting to be evaluated. Eventually the backlog will ease and then the market will understand the success of the drill program.
Bebek believes that the recently announced Angico Eagle-Kirkland merger is a sea change for the juniors. He points out that other large mergers in the past have set off similar cycles. This could be the spark that ignites a major round of merger and acquisition activity--and that could be very good news for Fury's shareholders. (We own shares)
Compay Website: www.FuryGoldMines.com
Ticker Symbols: NYSE/American - TSX: FURY
Tech expert and noted public speaker Rebecca Costa joined us. In case you were wondering, privacy is completely dead and now non-existent. But the tech revolution is just getting started. Yes fully autonomous vehicles are on their way. NFT’s, non-fungible tokens are here to stay. The tech oligarchs run the show and there’s no stopping them now. Rebecca projects the current trends out for a decade or more and gives you the latest update on where we’re heading. A compelling discussion for sure.
Summary:
Should we be apprehensive about tax changes? Wayne Titus, a member of Savant Wealth Management, comes on the podcast to break down some of the shifts in taxes and what to expect. The tax reform act was passed back in 2017, and brought on many changes in tax brackets. If Congress doesn’t make any decisions, these brackets revert back to what they were in 2017. This is a long process which may not conclude this year—which can also make giving financial advice more complicated.
Highlights:
-Wayne recently joined Savant Wealth
-Should we be worried about tax changes? The tax reform act was passed back in 2017 and brought on a number of change in tax brackets. If nothing is done by Congress, those brackets revert back to what they were in 2017
-Most changes are not going to impact taxpayers (unless you earn $400k+). Thus, these changes affect businesses more.
-Our tax rate structure is progressive; the number sounds large, but the blended rate of tax makes it more rational
-Many other states besides California and New York are affected by some of these tax changes
-This is a long, drawn out process that may not conclude this year. A lack of solidified dates for changes makes it hard to make decisions in the financial sector
-Our legislative process is iterative
Useful Links:
Financial Advisor Network
Savant Wealth Management
Wayne B. Titus III
Summary:
High returns on investments are being seen with mobile home parks, and today Charlotte Dunford comes on the show to talk about this sector of real estate. Her area of focus is Johns Creek, and their niche is small to medium mobile home parks—which are often overlooked but do extremely well. This is a great area to invest in due to the fact that there is always going to be a need for affordable housing, and the demand is ever-growing.
Highlights:
-How do you get a higher return on your investment? This can come from investing in mobile home parks
-John's Creek Capital is an area of focus
-They are actively sourcing deals and investing in this market
-Their niche is small to medium mobile home parks, which they get at incredible cap rates—this niche is often overlooked
-Focused on the midwest and southeast
-There is a lot of room to grow
-Once the mom and pop mobile home parks are consolidated, there is not much money left
-There is always going to be a need for affordable housing
-The supply of mobile home parks is fixed, which means the demand is ever-growing
-They grew through the pandemic—there has been a halt on evictions
-Government agencies have been issuing a lot of rental assistance to tenants
-The mobile home park industry is somewhat protected
-They don’t own the homes; they own the parking lot
-The screening process for tenants is very rigorous
-The mobile home part tenant is like a stakeholder in your business
Useful Links:
Financial Survival Network
John's Creek Capital
Summary:
What should we make of what the Fed has said recently about tapering? There have been some ambiguous recent announcements and headlines, and ___ comes on the podcast to shed some light on this. They talked about possibly raising interest rates at the end of next year, and raises concerns in relation to gold. No decisions have been made yet, but tune in to hear some valuable insight and predictions.
Highlights:
-How can we interpret what the Fed has recently said about tapering?
-They talked about possibly raising interest rates at the end of next year
-The test for raising rates is much higher the test for tapering
-They may decide to change the tapering
-People are afraid of rates raising, which would affect gold negatively
-The transitory should be unwinding, but the pandemic has affected decisions
-Markets are going up as the economy worsens
-Sometimes, rising interest rates go hand in hand with rising gold prices
-High inflation is a sign of economic growth, but our current situation seems to exhibit otherwise
-The models economists use are not entirely connected to today’s reality
-Rapidly escalating energy prices put a damper on the world
-There could be a boom in oil prices
-Uranium keeps going up
Useful Links:
Financial Survival Network
Summary:
Are you curious about low risk avenues for investing within real estate? Today, I have Andrew Abernathy on the podcast to talk about storage units and warehouses, which have become a major sector of real estate. His company, Abernathy Holdings, focuses on development and vertical integration to maximize success and ensure that these investments make money back over time. Tune in to hear about this intriguing area of the industry and to hear about some of Abernathy’s methods.
Highlights:
-Storage units and warehouses are pretty low risk for investing, and they’ve developed over the years
-The business has become very complex and sophisticated
-Development and vertical integration are essential to making money in this sector
-It’s all about location—even if it means spending $10k-$20k extra
-Owning your own equipment dealership, garage dealership, and construction company results in lower costs throughout the process
-They make money by developing; for the next ten years, they will be building, stabilizing, and selling
-Their long term goal is to open one new facility a month
-From approval to completion, the industry average is three years from start to stabilization—Abernathy’s company has been able to cut that into a couple years
-Security is the no.1 focal point for clients—24/7 surveillance/watch
-Abernathy is targeting the major cities (83% of the population)
-The average person in the US rents six square feet per person
-Taxes - $120k-$150k a year
Useful Links:
Financial Survival Network
Andrew Abernathy
Abernathy Holdings
Summary:
The economy is in a major decline, and today we have Darryl Schoon on the podcast to talk about some of the root causes of this phenomenon. Schoon walks us through different times in history that shed light on some of the underlying issues of inflation, and how this translates in the modern era. The inflationary bubble that we are in at the moment will eventually lead to a deflationary bust, and it is only a matter of time before we see some of the effects of this.
Highlights:
-The economy is crumbling—Evergrande is reminiscent of the 30s
-The economic tides and sands are shifting, and it’s going to take a lot to save it
-People know something is wrong, but they feel like it is beyond their capacity to do anything
-You don’t need to understand money, credit, or debt to be in harm’s way—you’ll be in it anyways
-There was historically a lot of silver circulating on the open market in the west, which was traded with China for porcelain, silver, and tea
-People called paper money ‘flying money’ because of how fast it came and went
-There is always an arbitrage somewhere
-When you’re so right for so long, it’s hard to tell when you’re wrong
-Gold used to be a religion for China—paper money leveraged debt and real estate
-Inflationary bubble will lead to a deflationary bust
Useful Links:
Financial Survival Network
Moving Through the Maelstrom With Darryl Robert Schoon
Summary:
It’s hard to know what exactly is happening in Florida real estate without talking to someone in the field. Today we have the founder of RealTrade, Ryan Poole, on the podcast to give us some insider knowledge on what is happening, and why real estate is booming so much—especially in South Florida as a result of the pandemic. Poole also tells us a bit about RealTrade, which is a platform that allows for communication between realtors, buyers, and sellers that enhances the realty experience.
Highlights:
-What’s happening with Florida real estate?
-Every county essentially has a different market
-2012: Florida was about to overtake New York as the third most populated state
-Things have heated up in the market over the last eight or nine months
-Especially since the pandemic, there has been a huge boom in real estate—clients are coming from all over
-Things staying open in Florida during the pandemic was a major attraction for buyers
-Florida has always been relatively cheaper
-There is not enough real estate to go around with the high volume of buyers—this also has caused prices to rise
-Prices in South Florida are still pretty attractive in comparison to the rest of the country
-South Florida is also becoming a financial epicenter, with the tech industry growing as well
-Florida is just one of the states people are running to—and one of the biggest
-Zillow doesn’t necessarily offer the most accurate information—a lot of baiting happens
-Agents work hard to get listings; Zillow gets this data and populates their platform with it
-Zillow owns 75% of the marketshare in terms of online presence
-Relators essentially end up working for Zillow
-RealTrade allows the realtors to own and manage the marketplace
-Agents network with one another to facilitate business, and buyers and sellers can also ask questions and contact realtors
-Waterfront properties in very high demand as well as golf course communities—we probably could see more rises in prices here
Useful Links:
Financial Survival Network
RealTrade
Summary:
Today, I have John Rubino on the podcast to update us on all things economy: from real estate to the supply chain, we are seeing a lot of shifts and instabilities that have incurred over time. Evergrande seems to be bleeding over into the rest of China’s immense real estate sector—tampering with the industry as a whole. We also probe into the buying and selling of crypto, and determine that people are less optimistic about it which means we will most likely see an increased interest in gold.
Highlights:
-Evergrande is a large Chinese real estate developer. It has been borrowing large amounts of money for the last decade, and it has taken up large amounts of leverage
-Even higher prices, however, are not saving them—they’re giving cheap real estate to their creditors
-This is bleeding over into the rest of China’s immense real estate sector
-The fed is making noises about tapering—we start to see taper tantrums in this circumstance
-Gold is holding its own—it’s actually up a bit
-The supply chain is still in shambles
-We live beyond our means
-Cryptos are getting whacked—they are treated like tech stocks and are risk-on assets that you buy when you’re feeling optimistic
-Bitcoin is being sold off
-This is when gold takes off; the fed starts talking about tapering, which means that easy money will come to an end
-Lumber and iron ore have tanked lately, which means that the picture is getting mixed
-The global economy is slowing down
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
We currently see the precious metals getting slammed down in comparison to other commodities, which is an upsetting phenomenon for many investors. Today, we have Brian Leni on the show to talk about this and to re-emphasize the inherent value in the metals despite shifts in prices. Gold remains a critical asset when it comes to maintaining your wealth, and this becomes even more crucial as currencies err on the side of instability. Tune in to hear from myself and Leni about how to have confidence in your investments in a changing market, and to learn more about why these fluctuations are occurring.
Highlights:
-Precious metals have been mercilessly slammed down—the last time gold got slammed down like this was back in June
-To the amateur investor, this is an upsetting phenomenon. From a professional standpoint, this is also somewhat surprising given the current circumstances in the world
-Gold is the most important asset for one that wants to maintain their wealth
-Those that own it are glad they own it
-Debt keeps going up; government and currencies are becoming more unstable
-There has been lots of commodity price inflation with the exception of precious metals
-You buy gold and silver for insurance—to maintain your wealth
-You buy junior resource stocks because they are speculations of people and their ability to execute on action plans
-High gold/silver prices mean that financially and socially there are some bad things going on in the world
-Assay labs are taking longer than normal—sometimes having to travel lots of other places
-Everybody is drilling across the world, and assay labs may be restricted
-It’s hard when the market is imploding and people are impatient—but this presents opportunity
-Patience has to be part of your repertoire
-If you’re early to an investment, it’s going to be a while until its value is recognized, but this is where the big gains are
-If you’ve done research, you need to have confidence in your investment and see yourself through
Useful Links:
Financial Survival Network
Junior Stock Review
juniorstockreview@gmail.com
We spoke with Gold Terra’s President/CEO David Suda for a sponsor update. The latest drill results were impressive with intersects of 11.2 g/t gold over 4.57 meters and 5.22 g/t over 17.86 meters in a “very strongly altered … portion of the Campbell Shear.” This marks the third drill result since April of this year, all showing high-grade gold. Suda is convinced that he’s onto something big. The adjacent Con mine produced 5 million ounces over its lifetime and he believes that they could easily be sitting on a similar scale deposit.
The most recent drill results were from a property optioned to the company by Newmont. Suda is of the opinion that they're closely following Gold Terra’s progress. This could bode well for the future.
While the market has generally met this news with indifference, Suda is optimistic that external factors will force the market to again focus on the sector. Gold Terra is trading at a substantial discount to its peers and there is hope that in the coming months, with more drill results on the way, that this gap will narrow dramatically.
www.GoldTerraCorp.com
Ticker Symbols - OTC: YGTFF -- TSX-V: YGT
Summary:
Today we have Rob Kirby on the podcast, who talks about how one of the largest and most underreported issues is the volume of trade we’re experiencing in terms of dollar return in the crypto-verse. It seems that cryptos are eating off the dollar’s plate, which means that the crypto portion in international trade is rising…while the relevance of the dollar declines. Tune in to learn about the power of crypto and some of the key distinctions between Bitcoin and Ethereum that put banks and the law profession in an interesting position.
Highlights:
-The economic house of cards is crumbling all over
-The biggest and most underreported issue is the volume of trade we’re experiencing in terms of dollar return in the crypto-verse
-On a daily basis, the crypto-verse is turning over a minimum of $100 billion equivalent on average
-We're looking at $50 trillion dollar equivalent turnover in a year
-Cryptos are eating off the dollar’s plate, which means that cryptos are categorically being used in trade settlement right now
-Countries like Iran and Venezuela had to have it to where they could continue to trade without having to settle in dollars
-The crypto portion in international trade settlement is only going to increase from here, which means dollar relevance will decline
-Hyper-inflation and massive reduction in purchasing power of the dollar stock
-The whole nature of trade settlement is changing—less and less dollars are being used to settle international accounts. Thus, they get caught up in a Repo facility
-The inflation rate in our country is at 14%
-Ethereum is rising, and will perhaps eventually eclipse Bitcoin
-Bitcoin is the killer of banks; it’s a store of value
-Ethereum is the killer of the law practice
-Bitcoin is a challenge to bankers while Ethereum is a challenge to the law profession
-There is a place in the world for smart contracts as well as the traditional store of value—they can coexist
Useful Links:
Financial Survival Network
Kirby Analytics
Summary:
Should we ‘Eat The Rich?’ It seems that this is not necessarily a viable solution, and today we have Jeffrey Socha on the podcast to break down the new tax proposal for us. While it may seem logical to impose higher taxes on large businesses, same corporations have tactics they will use as a result—tactics that will only hurt consumers and the rest of the economy. Tune in to hear about this interesting phenomenon in light of recent announcements, and to find out where this may put you in terms of taxes.
Highlights:
-With the democrats’ new tax proposal, the effective tax rate in NYC will be close to 62%, and in California it will be around 59%
-Businesses find ways to alter their business/cut costs/raise prices to avoid the effects of taxing
-People will not give you extra money without making decisions that affect everyone else
-Many of the tax shelters are available to average business owners
-Big companies have the best resources available to help them be efficient as possible
-The people that lose the most are smaller, local businesses
-The government should start with having a balanced budget
-There’s no incentive for fiscal responsibility with this modern monetary theory
-You can’t control taxes, but you can control who you vote for
-Take control of your own finances; be proactive
-This new proposal is very realistic, and we don’t know what will end up sticking until it is finalized
Useful Links:
Financial Survival Network
Summary:
Real estate has been doing great where taxes are lower, and it seems that the stage of buying-panic has come to a close as purchasers stop over-paying quite as much for homes. Today we have Andrew Ragusa on the podcast to discuss what exactly is happening with the market, and what you can expect in the purchasing sector. He emphasizes that if people want to grab something, they should grab it, because the market is always climbing. Tune in for direct insights and interesting real estate considerations.
Highlights:
-Real estate has been at the right spot on the economy—where taxes are lower, real estate is doing better
-What’s happening with New York suburban real estate on Long Island? There has been a dip in offer prices—previously, they were getting $50k-$70k above asking price but this has declined a lot
-Buyers are not willing to over-pay quite as much; the panic is over
-If people want to grab something, they should grab it—mortgage payments are greatly impacted by the offer amount
-It doesn’t always make sense to stay on the sidelines when the market is always climbing
-We are seeing more price cuts in the market. In order for a house to move, the price still needs to look attractive
-There has been a lot of overshooting the market
-Even thought everything is selling, prices are getting cut
-Information on selling prices is widely available today through the internet
-Zillow charges realtors to receive information from those using the website; Zillow essentially sells data
-There’s not a lot of inventory at the moment in Florida
Useful Links:
Financial Survival Network
Andrew Ragusa Instagram
Real Estate Market Innovations
Summary:
What’s happening in the markets, and should we be scared? It’s important to have an analytical perspective when it comes to analyzing the market, and Michael Moor comes on the show today to help us attain this point of view. He and I talk gas, oil, the metals, and Bitcoin from a data standpoint to break down what is happening in the changing market, and how we can assess these shifts from a data standpoint.
Highlights:
-What’s happening in the markets? Should we be scared? We need to take an analytical approach
-Are we looking at $10-$12 NatGas? Can we go that high? Moor says that we’re wide open—it can pretty much go anywhere
-We are still seeing a 50% discount of gas to oil
-$56/barrel could be seen in five months
-Moor analyzes market movements and data, but Moor notes the inflation in the housing market and supply chain
-Everything is pointing to increased inflationary expectations
-What markets are the most promising? Moor thinks that crude oil and energies have a lot of upside
-Bitcoin also is looking positive—it’s all pretty green
-Gold is headed higher—we’re seeing some of its strength coming in right now
-We used to look at crude oil as an indicator of inflation, but NatGas has taken over
Useful Links:
Financial Survival Network
Moor Analytics
Summary:
Every commodity seems to be up substantially with the exception of Gold, Silver, and Platinum. Today, we have Jordan Roy-Byrne on the podcast to talk about this interesting phenomenon. Gold and Silver peaked before everything else, and their performance is ultimately linked to inflation—which is higher than ever at the moment. Tune in to get interesting insight and predictions on this topic, and to hear us break down what’s happening with inflation and the metals.
Highlights:
-Every commodity is up substantially (i.e. natural gas, uranium)
-Everything but Gold, Silver, and Platinum is going up
-Gold tends to lead everything in the commodity world, and Silver tends to follow
-When commodity prices spike or have big moves, they tend to correct
-Gold and Silver peaked before everything else—before Uranium stocks even started to move
-The market is not anticipating that inflation is going to accelerate
-Real rates have nowhere to go but up
-The market is saying that the rate of inflation has peaked, and that it’s going to come down a bit
-We’re having as much as 14% inflation right now by some accounts—the biggest inflationary rate since WWII
-Inflation can be very volatile and move a lot in both directions
-If Gold and Silver start out-performing, that will indicate that inflation is here to stay and we could transition into a state of stagflation
-Would the fed risk a crash to assert itself over the markets? The fed will ultimately follow the market
-15-20% decline/correction is more probable than a crash
-Crashes do not happen very often
Useful Links:
Financial Survival Network
The Daily Gold
Summary:
The world is full of people that would love to take your hard earned cash, but this can be prevented with the proper planning and an asset protection program in place before you need one. Today we have Douglas Lodmell on the show to talk about the importance of asset protection, and some of the steps required to acquire this. It's as simple as figuring out what you have, and what needs to be protected that isn’t already.
Highlights:
-Asset protection - the world is full of people that want to take your hard earned cash. The key is to have an asset protection program in place before you even. need one
-Asset protection doesn’t mean anything until you actually need it—most people don't look into this until after they realize they need it
-There two types of people: those who have assets and those who don’t
-Figure out what you have, and if you already have asset protection; take an inventory and pinpoint what is protected/what isn’t
-There are 2 asset categories: exempt assets, which are already protected (i.e. homestead, retirement plant, etc.) and unprotected assets
-In the asset world there is asset exemption and then asset protection
-Now we have foreign asset protection trusts (established in 1994)
-19 US states currently have some sort of domestic asset protection trust legislation
-There are standards that outline what makes a trust a US trust
-Grantor trust is disregarded for tax purposes
-Asset protection is between $25k-$30k for the most part
-An ounce of prevention here is like a pound of cure
Useful Links:
Financial Survival Network
Lodmell & Lodmell
Summary:
As usual, we find that transitory inflation is not so transitory—Michael Pento comes on the podcast today to talk about some of the causes and effects surrounding inflation in the current economy. Pento says this is perhaps the worst inflation the country has ever seen, and the coming years don’t look too hot in terms of getting out of this economic circumstance. Tune in to hear us break down some of these financial issues, how they relate to what we have seen historically, and what to expect in the future.
Highlights:
-Transitory inflation is not so transitory
-NatGas had gone up 118%
-This reminds one of what happened leading up to the financial crisis
-You could not grasp what was happening only by looking at oil—you must consider other points
-We have, according to Pento, the worst inflation this country has ever seen. What does 2022 have in store?
-There are ten million job openings right now, so it is sensible to stop paying people money to stay at home when there is a surplus of employment opportunity
-Next year, according to the Fed’s predictions, they are going to stop the QE program
-No more increase in the money supply or m2
-We are in for a fiscal and monetary cliff
-China is going through the same thing as well as Europe
-We don’t have the healthy underlying foundation that we had in 1980, nor do we have the fire power to get us out or low levels of debt
-Pento predicts a protracted period of vicious stagflation in the coming years
-Coming out of the great recession, China bailed us out. They may not have the capacity to do this again
-Culmination of natural disasters and man-made disasters will coalesce into one thing
-2023 will probably see a permanent form of helicopter money for those that don’t make a certain amount
-What you think is going to happen is seldom what does happen—you can never be entirely sure
-There will probably be major deflation and bouts of inflation
-Don’t sell your gold quite yet, but understand that the precious metals can take major hits
Useful Links:
Financial Survival Network
Pento Portfolio Strategies
Summary:
How can you buy raw land in a way that allows you to minimize costs and maximize upside potential? Brent Bowers comes on the podcast today to talk about his life changing experience with buying and selling land—profiting exponentially with the right strategies. Tune in to get advice from a highly successful individual in this field and to learn about an area of the market you could get involved in yourself.
Highlights:
-How can we buy raw land in a smart way to minimize costs and maximize upside potential?
-Bowers was an army officer and decided to get into rentals, wholesaling, and land
-He was able to sell land for exponentially more than he bought it for
-Land is turning to a seller’s market; you have to pay more initially, but you also will get more
-How do you know you’re not paying too much for a property? Look at what the actual land is worth by calling realtors and looking at Zillow/other sites to find the property value
-Sell it before you buy it to get immediate profits
Useful Links:
Financial Survival Network
The Land Sharks Website
The Land Sharks Youtube
American Eagle Gold’s CEO Tony Moreau and Exploration VP Mark Bradley were here to give a sponsor update. First, their drill permit application was just approved by the BLM. This sets the stage for drilling to commence shortly at their Goldengate project in Nevada. The property is adjacent to Nevada Gold’s Goldrush and Cortez Mines. These are prodigious mines, having produced millions of ounces since coming on stream. Tony and Mark are extremely upbeat about Goldengate’s prospectivity.
Mark was at the helm of the team that discovered and defined Goldrush and has spent the better part of 30 years working on the Cortez Trend. Few people can match his knowledge and experience there. Technology has come a long way since early 2000’s when Mark was working on Goldrush. CSAMT, stratigraphy, and 2D seismology either didn’t exist or were in their infancy. While looking for the yellow metal is always a gamble, the ability to see into the ground and analyze underlying structures and intrusions to select drill targets helps make the task much easier and more accurate.
Mark has identified the most promising target zones and now it’s just a matter of getting the drill turning. While competent experienced crews are at a premium, Tony is confident that they can get the needed equipment and staff to insure that the current drill program will succeed.
If the old saw that the best place to find gold is close where it’s already been found, then American Eagle could be sitting on a major discovery. And if the best person to make that major discovery is the one who’s done it before, then he’ll be well served by Mark.
(We own shares in the company).
Company Website www.americaneaglegold.ca/
Ticker: TSXV: AE
Summary:
The supply chain is not what it used to be—resources and labor are in high demand and we are seeing lots of negative effects as a result. Aaron Clarey comes on the podcast today to talk about some of these effects—especially within the housing industry—and what the future may look like as a result.
Highlights:
-The supply chain is like a plastic band about to snap
-Clarey recently built a house and purchased furniture/materials for it well in advance, acknowledging some of the issues in the supply chain
-People’s houses recently have not been getting done, which requires banks to reset interest rates (which are going up) which creates even more of a rush to get things delivered
-The American dining experience is over—we see long lines, poor service, and lower quality
-Standards of living go down as quality of work declines—you need to learn to do things yourself
-It’s a smart idea to buy things now because of the projection of inflation
-Prices of basic staples (i.e. gasoline) are up astronomically
Useful Links:
Financial Survival Network
Captain Capitalism
We checked in with Trilogy Metals’ CEO Tony Giardini for a sponsor update. Preliminary work on the access road has continued unabated. When completed it will connect the Ambler Mining District to the famed Dawson Highway. The company has been focused on spelling out the benefits that area residents will realize when the road is completed. As a private toll road, it will never be open to the public; Trilogy will have exclusive use, thus mitigating environmental concerns. Currently, shipping costs to the neighboring remote towns are quite costly. It is expected that upon completion, residents will incur lower prices on many goods and commodities. Additionally, the mine will lead to greatly increased employment opportunities for thees communities. Presently 2/3 of the Trilogy’s employees are locals.
Weather and health concerns have temporarily slowed the pace of drilling. However, Giardini expects that Trilogy will soon be able to make up for lost time. Alaska Governor Mike Dunleavy recently visited the mine site to emphasize the project's importance to the state. All interested parties are fully engaged.
The company continues to be well capitalized with over $100 million in the bank and it will easily be able to finance its share of additional road development and exploration costs into the foreseeable future.
Giardini is pleased with the pace of progress. In a project of this immense scale, there are many moving parts and everything takes time. The good news is that things are moving ahead and the pieces are starting to fall into place.
Company website: www.TrilogyMetals.com
Ticker Symbol on NYSE-American and TSX: TMQ
Summary:
What does the term ‘private equity’ really mean, and what is its role in businesses today? On today’s podcast, we have private equity expert and bestselling author Adam Coffey with us to highlight the significance of private equity. As publicly traded companies are on the decline and exit strategies are taken into consideration, this term becomes especially relevant and crucial across a number of industries.
Highlights:
-‘kicked around’ always refers to private equity—Adam Coffey is a bestselling author and private equity expert and is going to give us information on what private equity is about
-What does private equity really mean? He uses the analogy of a mutual fund
-Private equity works similarly, but the minimum investment size is $5 million, unlike a mutual fund. It does exactly what it says and invests in private companies. The biggest area is buy-out funds
-Sell funds to return capital to the investors
-Private equity failures over the last ten years has to do with strong competition and return thresholds being monitored. Like any industry, there are winners and losers
-Good/bad firms can come in all sizes
-Distressed asset funds seek out companies that are in trouble and attempt to help them, but other failures are consumer driven (i.e. shopping malls and bookstores are going out due to consumer habits)
-There is far more equity invested in companies today than there is debt
-Limitations have come into place by the market and people investing
-People purchase most things online now, and there is a heavy evolution that is constantly progressing
-It’s hard to find an industry that private equity doesn’t play a part in
-There is a declining number of publicly traded companies, and they will probably diminish
-Exit strategy now involves selling off to private equity
Useful Links:
Financial Survival Network
Adam E. Coffey's Website/
Adam E. Coffey Linkedin
Summary:
Today, Val Hughes comes on the podcast to discuss active management, public/private equity, and the leveling of the playing field that is occurring in the current market. We talk about many of the changes that have occurred over the years that cause companies to function differently, and how the economy is growing in areas where you don’t need a lot of capital to be involved. Tune in to hear some insight from Hughes about a variety of financial topics, and to also get general advice pertaining to the current investing climate.
Highlights:
-If humans can’t beat a computer at chess, then how can they win in investing? Does it require someone that understands businesses and finances?
-Why do you need active management when CEOs and accountants frequently mislead?
-ETFs act as a distribution system, but are different from mutual funds
-ETFs trade on the exchange, so there’s no platform fee
-They are only a few spots where active management can win, like in small cap value investing
-Small cap value is the best performing asset class, and the data goes back to 1928
-If you like puzzles, there are still puzzles to solve in small cap value that can deliver alpha
-The trend of concentration - companies buy out competitors and consolidate the industries
-Publicly traded stocks have declined and companies buy out their own shares, becoming a homogeneous blob
-Why are there public companies? They came about to raise money to build things that individuals couldn’t afford on their own
-It’s a richer world now and we don’t need as much public money
-More of the economy is growing in areas where you don’t need a lot of money
-The government is turning our public companies into more of a social good
-Is private equity good or bad? You have to get back to the purpose of a company
-Private equity is still in the business of turning equity into a bigger equity, creating new niches within a service/product
-It is important to promise rewards to innovators so that they don’t stop—they fuel decades of hard work
-Robinhood Reddit phenomena - bringing something to the masses that used to belong to middle men. Technology is disruption the traditional process
-There has been a leveling of the playing field, and the professional investors have to compete with the guys on the streets. These two camps evaluate different criteria, one being the value of companies/what the stock is going to do and the other entails looking at what the game says it’s going to do. They don’t care about the actual attributes of the company
-Within small cap equities, there are products that serve needs
-It’s good for investors to talk to people on the street daily
Useful Links:
Financial Survival Network
The Value Guys
Summary:
Wall Street exists to make money for itself, so how do you make money for you? Today we invite Joey Mure and Russ Morgan on the podcast to talk about financial freedom—which is at its peak when your passive income exceeds your monthly expenses. They discuss how every individual has unique traits when it comes to investing, and some of the resources that their company offers help you discover how to utilize these.
Highlights:
-Sometimes the people who you think are your friends aren’t—this is especially applicable to Wall Street. Wall Street exists to make money for itself—it’s about survival of the species
-How do we get rid of Wall Street?
-Relates to the food business—they've evolved into an industry that gives markets things with no value
-Financial freedom occurs when passive income exceeds your monthly expenses
-Mindset is everything: if you’re investing time into learning how to become more financially successful, then you will continue to grow
-People haven’t given themselves a license to dream—Wall Street only thinks about the here and now
-You need to think about what unique traits you can give to the world
-Wade Pfau is a go-to person in the industry when it comes to retirement income
-What investments bring this ‘infinite wealth’ about? Having your own business can be a method for maintaining active and passive income
-Some business owners, however, don’t know how to replace themselves eventually and allow it to become passive income for them
-You need to have a plan that is unique to you: what sort of an investor are you? People can make the same investment but have different results
-Apply your abilities and talents to your investing
-Build a community
-If you focus on one thing and do it repeatedly, it will become a reality
Useful Links:
Financial Survival Network
Wealth Without Wall Street
Summary:
Today we have Chris Miles, self-proclaimed anti-financial advisor, on the podcast to tell us the truth about investing in this day in age. He outlines some of the tried and true strategies that many financial advisors don’t acknowledge, and gives advice on how you can re-prioritize your investments to attain financial freedom. Tune in to hear tips from Chris and to learn about the concepts in the financial sector that really do work.
Highlights:
-Miles calls himself the anti-financial advisor, which is good in this day in age
-Things don’t go up forever—they must come down eventually
-Miles started off as a mainstream financial advisor - “live on rice and beans” and save everything
-All of financial advising is different combinations of the same things
-Consider how many of your clients are financially free, and if you’re profiting off of the investments you’ve been recommending
-Mutual funds are not the way to go
-Miles decided he couldn’t keep teaching concepts that didn’t work
-A lot of strategies put forth by financial advisors mean that retirement will be extremely delayed
-It’s not about working smarter, but working right. Work on creating efficiency
-Miles tells people to buy real assets—don’t invest for appreciation
-They’re not going to get rid of social security, but it’s not a good idea to bank on it
-Personal responsibility creates freedom
Useful Links:
Financial Survival Network
Money Ripples
The Chris Miles Money Show
We sat down with sponsor Tier One Silver’s management team to discuss the just released results of Curibaya’s first ever drill hole. According to Peter Dembicki (President & CEO) the hole represents a major targeting breakthrough. While it didn’t intersect the underlying feeder structure, the data obtained has been utilized in the fourth hole, which has crossed multiple feeder structures. Highly experienced Exploration SVP David Smithson is quite confident that this hole is going to be significant. The modeling and drill processes utilized at Curibaya are extremely dynamic and hole one’s results have been crucial to determining hole four’s drilling trajectory.
However, some things just can’t be controlled, like assay lab turnaround time. While delays have continued, the team has kept up its breakneck pace. They’re now sending the lab smaller 150-meter samples to help speed things along. The plan moving ahead is focused on 5 identified feeder structures that have shown high-grade on surface. The existing permit is being modified to allow drilling on a dry river bed lying between the Madre and Sama feeders. Other permit changes will allow Tier One to pursue newly mapped structures that also have high-grade on surface.
To Co-Chair Ivan Bebeck, these results are leading to exactly what’s been promised, a major new discovery which will drive the company’s existing stock price many times higher. Upcoming news will end the market’s indifference to the company. As he has said many times before, “The bigger you look for something, the harder it is to get there…The system is real, the rocks are real, the mineralization is real…everything they want to see is there, and it’s better than they thought it would be. This is absolutely a real system.” The first hole is the most important one, as it sets the tone for the entire project; Bebek believes this is just the beginning of a great run.
Company website: www.TierOneSilver.com
Ticker symbols OTCQB: TSLVF – TSX-V: TSLV
National Emergency - McDonalds’ milk shake machines are broken and can’t get fixed.
Huge job miss today and GDP estimates are being scaled back. This has become an administration of misses. Across the board loss of confidence.
We discussed rising commodity prices. Some of the numbers were absolutely staggering and downright scary. Natgas up 118%. gasoline 85% and the list goes on and on.
In a fiat based system loss of confidence is fatal, just like the 1970’s. Back then we had double digit interest rates and much less debt.
Can tech bail us out, while we’re blowing up the economy?
Finance will swamp technology in the short run. Prepare yourself now. It's coming.
Summary:
What does the future look like in the tech world? Today we have Eric Pilon-Bignell on the podcast to discuss the current realm of tech, as well as what to expect in the future. We live in a fast paced world and have found ourselves in the fourth industrial evolution—to where advancements such as AI and 3D printing are changing the way that we live as well as how larger scale industries run. Tune in to get an inside view of the tech sphere and to think further about how it is functioning in our economy.
Highlights:
-What is the future going to look like in terms of tech?
-Looking ahead to the future, what trends are we seeing and how do we make money off of them
-We started with the industrial revolution—we are now on our fourth. We need to consider what we need in order for this revolution to progress
-We live in a fast, interesting world, and we are now seeing many specifics within technology and exploding trends (i.e. buzz words like AI)
-Anytime we take physical offerings and digitize them, it leads us somewhere new (i.e. peloton)
-There are blurry boundaries of how we are progressing, and it’s hard to predict what will take off first
-Self driving vehicles have the potential to affect people in certain jobs, as well as specific markets, such as insurance companies. It’s not going to happen overnights, but we can see the indicators
-It’s hard to place blame on something operated by Artificial Intelligence
-If you invested in Blackberry, Nokia, and Apple, what you made from Apple would have cancelled out the losses of the others.
-Aerial technology and 3-D printing give way to a lot of opportunity in production
-3D printing lessens the need to drive around and deliver large quantities of product, and overall it changes many industries
Useful Links:
Financial Survival Network
Surfing Rogue Waves
Summary:
Economical concepts can be extremely intricate, but Matthew Scott’s new children’s book The Illusion of Money breaks down the creation and functioning of money into simpler terms for the young reader. The plot is lighthearted and centers around a kingdom that acquires a new ruler; he creates the concept of paper money allegedly backed by gold. It is a fun story that essentially gets children to think about how money works without getting too complex. Tune in to hear more about Scott’s book and some of the inspiration behind the story.
Highlights:
-Matthew is American and studied finance in the US. He has always been interested in how money is created
-He went to Austria and took an alternate career path because he could not speak German—he took the English teaching route and then started teaching at university, working kids camps, etc.
-Matthew recently wrote a children’s book called The Illusion of Money
-How money comes to be, gets destroyed, and functions are all very complex concepts, so it is intriguing to look at how Scott describes them in simpler terms
-Scott started with children’s books to make use of his financial expertise without merely writing a larger nonfiction book centered around finance
-The book is a fun story with the intention of getting children to think about the nature of money
-It takes place in a kingdom where the king has died, and there is no heir to the throne
-The new king promises paper money, but there is no gold to back it, which causes a surplus of inflation, and leads the kingdom towards near collapse
-Ludwig rounds up his friends, and they try to exchange their paper money for gold
-The king refuses, so they overthrow the kingdom
-Money creation is ultimately a form of wealth extraction
-The story doesn’t even mention the term ‘inflation,’ but frames this concept in a way that is digestible for young readers
-A scheme where money is created out of nowhere
-The kickstarter campaign for the book is launching September 7th and will have early bird deals
-It should be available on Amazon around early November
Useful Links:
Financial Survival Network
The Illusion of Moneyhttps://www.kickstarter.com/projects/theillusionofmoney/the-illusion-of-money
Summary
Are you looking to dive into the housing market? If so, mortgage expert Debbie Bloyd advises you to buy now, as rates could go up more in the next year. Currently we are seeing more people buying at increased rates—surpassing asking prices. As families and the lives of many are changing, the housing market is changing as well. It’s time to get informed on what you need to do in order to enter the market and find what you’re looking for. Tune in to get useful pointers from an expert on what is happening in the industry, and what we can expect in the next few months.
Highlights
-The market is down; mortgage rates are lower
-In terms of the housing market, will lower rates really improve housing?
-A lot of people have become disenchanted with the bidding system and we need to reset people’s expectations of how it is going to be
-If you’re going to buy, you should buy now—rates could go up more next year
-The numbers are up in the top 20 cities in the US. You could be paying 12% more than you did last year
-More people are buying at an increased rate because people are surpassing asking prices; individuals are buying no matter what
-People are reducing prices in some areas, especially Florida
-A lot of people want to list for more, even if their house doesn’t necessarily back the price
-It can be good for a house to be move-in ready—not all buyers want to move in and start renovations right away
-Families are changing a lot right now, which means that the housing situation is also changing
-We are also seeing many changes in how we do business
-A house is not a right; it’s a privilege and you need to have the credit/income/qualifications in order to get what you are looking for
-You may have to relocate to get the property you are looking for; it’s important to be willing to expand your range
-If you want to get in the market, get in now!
-Loans are available, but not everyone is a good candidate
Useful Links:
Dlb Mortgage Services Instagram
Dlb Mortgage Services Facebook
Debbie Bloyd TikTok
It's an exciting time for our sponsor Aurcana Silver and it's CEO Kevin Drover, as well as its shareholders (including us). For the first time in ages, a new American silver mine has started producing silver. It's been a challenge, but they've beaten the odds. Drover expects positive cash flow starting in October. Initial expectations are for approximately 270 tons per day of rock going through the mill and then rising soon to 500 tons per day. Due to inflation, cost per ounce is somewhat above the original estimate of $8, however the initial ore grades are coming in much higher than expected. If it continues this way, annual mine production and profit could increase substantially.
Getting the Texas based Shafter mine into production is next on Drover's list. When all is said and done, Aurcana could eventually be producing 8-9 million silver ounces per year, which would put it firmly in the mid-tier producer camp. He's also exploring a nearby acquisition candidate that includes another 500 ton per day mill. It's just a short distance from the now producing Revenue Virginius mine.
The company has made the transition to silver production. Now it's a matter of leveraging its current position to make sound acquisitions and to get the Shafter mine working. Aurcana's future has never looked brighter.
Website: www.Aurcana.com
Tickers - OTCQX: AUNFF - TSX.V: AUN
For the month of August, the stock market was generally up with dips in a few areas. Dow was up 1.2% 35361 and S&P 500 added 2.9% to 4523, Nasdaq was up 4.7%. Russell 2000 was up 2.1% to 2273, TSX added 1.5%, and TSX.V slammed for 3.1% decline. VIX dropped to 16.5. The Dollar went up 0.5% to 92.66 and the Euro went down 0.5%. 10 Year yield went up 4% to 1.3. Bitcoin recovered 13.5% to 46957. Gold stayed right at 1814. Silver was off 6.1% to 23.9. Pt off 3.4% to 1008. Pd was down 7.4% for the month to 2406. Copper rose 4.29% to $4.29. WTI down 7% to 68.50. Brent down 4.2% to 72.88. Natgas shot up again adding 7.9% to bring it to 4.38. Uranium rose 6.8% to $34.63, again extending the up trend.
Ratios: Au:Ag rose to 75.9, Pt:Au .56, Pt:Pd .42. BRT:WTI 1.06, WTI:HH 15.6, and AU:WTI 26.5.
Summary:
How do you get your digitally marketed business to stand out amongst thousands of others? Today, Kris Reid comes on the podcast to give us some strategies that utilize web dynamics and SEO optimization—ensuring your website will take off with the right approach. It is crucial to choose your market audience widely, and identify a valuable niche that makes your services stand out. Tune in today to get indispensable advice from Reid about marketing in the digital age, and how you can utilize these tools more effectively.
Highlights:
-How do you get your digitally marketed business to catch the attention of others?
-Riches are in the niches; the better you can serve a smaller group of customers, the better
-You have to choose your market wisely
-The more valuable a niche, the more people are going after it
-Once you identify your niche, you have to look at the entire segment of your niche. How will you add value to your client’s life?
-With digital marketing, it is very measurable and you can easily see your return
-A benefit of SEO is that it’s compounding—you keep getting paid on it
-Google continually produces the best search results
-If you tick all the boxes Googles is looking for, it will continue to reward you with great traffic
-People go directly to Google for services, which might be the one you provide
-You need a substantial amount of links leading back to your website, because it gives you domain authority
-You need to utilize key words with buyer intent or action intent—someone is actually going to take action and help you increase your revenue
-A good web designer understands marketing
-Back-links are critical—the bigger, the better
-Only 0.21% of internet content gets substantial traffic
-Niche-relevant back-links are most ideal to help you ranks
-Important to analyze which websites generate the right investors
Useful Links:
Financial Survival Network
Ardor SEO
We sat down with Osino Resources' CEO Heye Daun for a sponsor update. Recent drill results, like those that came before, have been encouraging and the company recently released a highly anticipated updated PEA, showing a pre-tax Net Present Value of $579 million and an after-tax NPV of $377 million (5% discount rate) with a 2.3 year payback and an internal rate of return of 38% (based on $1700 gold).
Daun emphasized that during the current sector downturn, Osino has been focused on execution and delivery. He's been committed to building a top-notch team, keeping the company well-financed and pushing forward as the company grows and develops. With an aggressive drill program, the Twin Hills Project keeps getting bigger and bigger. This will eventually lead to a large shareholder payday (we own shares).
With its recent upgrade to the OTCQX, Osino should be well positioned to capture more investor attention and a higher valuation once the sector regains favor. And with all that's going on in the world and increasing financial instability, that should be sooner rather than later. Tune in to hear Heye Daun discuss Osino's potential.
Company Website: www.OsinoResources.com
Ticker Symbols: OTCQX: OSIIF - TSXV: OSI
In the mining industry, it takes a solid vision and drive to revisit and revive an abandoned project. Stephen Stewart, CEO of QC Copper and Gold joined us to discuss the latest developments at the company’s Opemiska Copper Mine Complex, and why the project is on the fast track to success. Production ended back in 1991, as the copper price made it uneconomical to continue. Now, higher copper and gold prices along with new technology is breathing new life into Opemiska. In one drill hole alone, QC found 18 g/t gold over 9 meters and 100 meters of .5% copper eq. Stephen expressed surprise at the gold discovery, since the project had never produced gold at this grade before.
He is confident that production could begin during the current bull market cycle that has seen copper hitting all time highs. (currently trading at US $4.32). Capex will be low compared to comparable new projects. The onsite infrastructure is quite good, with an onsite power station and close by access to highway and rail.
All things considered, Stephen’s business model of using the latest technology to revive and eventually reopen shuttered mines is set to pay big dividends.
www.qccopper.com Tickers : OTCQB : QCCUF - TSXV : QCCU
Summary:
To grasp the the current circumstances in China, we have Daniel Joseph on the podcast today—an individual that has previously lived in China for quite some time—to update us on the socioeconomic situation. As a nation, China seems to be deviating from some of the tactics that made them so successful historically—such as being able to access specific resources and utilizing these freedoms. Tune in to hear about why China has failed to reign as a world power, and some of the current happenings contributing to their limitations as a country.
Highlights:
-When it comes to China, Daniel Joseph can give accurate depictions on what is happening
-In many parts of China, building infrastructure isn’t quite as stable. Therefore, disasters considered rare in the US are more common over there
-Sometimes a picture is painted such that China is invincible, which is not the case
-It also seems as if China aims to be a tier two country at times, and doesn’t necessarily want to be the best
-Moving away from the free market and rolling back political freedoms—deviating from things that make them successful
-China has been issuing new regulations on the tech industry
-Outlawed private tutoring—they are moving away from practices that got them to where they are now
-Trust in China is taking a big hit; they have not been transparent or participating in the dialogue around major health problems
-The Three Gorges Dam is having a worse rainy season than last year. China continues to have flooding/infrastructure issues that aren’t going to cease overnight, even if they take the necessary steps to stop them
-What we see with China is the expert class failing globally
-China will be worse off now that we are out of Afghanistan
-It often takes financial incentive to get individuals to comply with a regulation
-Middle class poses problems for communism
Useful Links:
https://financial survival network.com/
http://theglobaldashboard.com/
Summary:
Investors alike are asking: where are the markets heading, and what is the Fed going to do? Today, we have Jim Welsh on the podcast to give us some insights about what is happening and what is to come in the ever-changing market. He provides useful insight on what is going on in regard to the treasury, thoughts on Afghanistan and the repercussions that may follow, and what to expect out of the dollar as currencies around the world shift.
Highlights:
-Where are the markets heading? What is the fed going to do?
-Everyone talking the loudest are not voting members on the fed this year
-The fed is in somewhat of a box; QE purchases were intending to stimulate demand in the housing market, but housing prices and rents are going up
-People who use ‘tightening’ to describe what is about to happen are missing the math behind the process
-Treasury had a balance of $1.6 trillion—since March, it has gone down to $400 million
-Treasury yields have come down
-We are going to see an avalanche of issuance in the fourth quarter—when does congress raise the debt ceiling?
-Lack of effective supply in the treasury market has allowed treasury yields to come down, which is going to switch dramatically in the fourth quarter
-Markets are anticipating higher rates; Welsh believes the trend is going to be higher
-Inflation is going to be anything but transitory; either way, higher consumer prices are in the future
-Companies don’t have to worry about market share because all companies are in the same boat
-It was only a matter of time before the Taliban took over Afghanistan—it was just a question of when
-There are going to be repercussions for many years
-Have we turned the corner from the health issues that have been facing the world? The current wave of infection should likely peak soon and then recede—we should hopefully see cases come down soon
-If rates go up, this will most likely not lead to a stock market crash
-We will still see liquidity flowing in—just slightly less over time
-The dollar will probably benefit and strengthen in the next 12 months
-Gold and the gold stocks are at a make or break point
-Dollar strength comes from being better than other currencies, but in Europe, a crisis will most likely not come to bear
-There is so much liquidity, and people are trying to park it to get a positive rate anywhere they can
-Bank reserves are part of M2 money supply, and the money in the reserves isn’t getting into the economy
-If bank reserves turn into bank loans, then this has positive implications for economic growth and inflation
Useful Links:
Financial Survival Network
Macro Tides
Summary:
Where is money flowing from, and where is it going? Today, Jerry Robinson and I get on the podcast to address this question in regard to foreign affairs, cryptocurrency, and the precious metals. Robinson and I discuss some of our most universal pointers for building wealth, which at its core is achieved by diversifying your investments. Tune in to hear specific examples of how this sort of investing looks on a larger scale, and to learn how you can acquire more information and resources on this topic.
Highlights:
-Where is the money flowing from, and where is it going?
-Understanding money flow allows you to view the world from another perspective
-China’s fortunes have shifted recently. For years, they have outsmarted the US and have been underestimated by Washington
-The top media outlets spent five whole minutes talking about Afghanistan last year. This year, there is breathless reporting on Afghanistan
-The US has miscalculated China’s ambitions, as well as in other military missions around the world
-China is negotiating new deals with Afghanistan, and using their soft power to do so
-Immanuel Kant’s saying that ‘commerce prevents war’ is relevant in this circumstance
-China is using economics, while the US is using brute force and creating more enemies
-China is a producer, while the US is an expert consumer. We need to get ready to call ourselves #2 in reference to them
-Robinson’s outlook on crypto is that it is an asset class. If you’re going to be in the asset class—which you should—you should be limited in how much you expose yourself to
-Social media presents a full blown display of the ignorance around investing
-People often look at asset classes and think they are only going up; thus, they opt to go all in, which isn’t necessarily a good idea.
-Put a nickel out of every dollar into the best cryptocurrencies every two weeks
-We expect Bitcoin to reach a new high by the end of the year, because Bitcoin plays out according to a cycle—which is quite discernible
-It will probably fizzle out between Q1 and Q2 in 2022
-Gold and silver remain in long term up-trends
-New long term down trends arise for SIL and GBX
-In times of mass inflation, gold and silver are the hedges
-Gold and silver have not lost their inflationary statuses, but this year has produced a bit of an unpredictable outcome
-Follow the trends/money/in-flows, and prioritize these above mere opinion
-There used to be a connection between inflation and interest rates
-Rising prices are most likely going to accelerate over the next 50 years, so it is necessary to take action now to protect your finances. Washington is not changing their thinking, so we must change ours
-The only way to protect yourself is to have a financial plan rooted not in opinion, but in real logic and history
-Don’t go all in on one thing—the government can alter rules at any time, so it is important to diversify your investments
Useful Links:
Financial Survival Network
Follow the Money
Summary:
Today we have the creator and owner of Practical Wealth Advisors, Curtis May, on the podcast to discuss how you can build your wealth without the assistance of Wall Street. As a close friend of the Financial Survival Network, May also promotes the idea that Wall Street’s goals do not align with the financial freedom most people are seeking. Rather than just utilizing various tactics and strategies, May advises than you have a structured plan and an awareness of the principles that will get you to your financial end goal. Tune in to get information on how you can acquire some of this advice, and to hear from an individual that can create a plan to fit your needs.
Highlights:
-We’ve been somewhat anti-Wall Street since the start
-Curtis May is the the creator and owner of Practical Wealth Advisors
-Wall Street doesn’t always have your best interest—how can one build their wealth without the assistance of Wall Street?
-Two schools of thought when it comes to money: the accumulation theory (what they sell you) and corporate finance, which closely resembles what actually plays out
-It is important to be aware of the two different games being played
-Investing is a plan—not a product or procedure
-Most people use tactics and strategies but lack an overall plan, which is typically to become financially free. This, however, is not Wall Street’s goal for you.
-May’s purpose is to teach people how to become financially free, and the steps to take to get there
-In terms of goal setting, May tries to ask people what they want, and why. Most people know what they don’t want, but it is sometimes more difficult to pinpoint what they do want
-May’s ideal structure is ‘wealth in a decade’ which entails financial freedom in ten years or less—he is focused on teaching people the principles
-Find out their goals, but give them principles to work with so that they don’t repeat the same mistakes over and over again
-May specializes in risk-factors and defense (i.e. stable will and insurance) creating a wealth coordination account
-Saving should be safe, accessible, and guaranteed
-As your knowledge goes up, your risk goes down; Wall Street is all about risk tolerance and accumulation
-Risk means probability of loss
-May assures that the client is a good fit for the company, followed by a financial questionnaire, an assessment of what they’re doing now, and if what they are doing will take them to where they want to be
-May goes off of a membership model so that the clients can learn—almost like being part of a club
Useful Links:
Practical Wealth Advisors
The Practical Wealth Show
Financial Survival Network
Summary:
Myself and former attorney Scott Reib get on the podcast today to discuss how people in the legal sphere clear up misinformation and minimize risks for various tasks. Ultimately, it comes down to getting professional, legal advice when you are operating a business rather than performing an internet search. Each circumstance is unique, and it is crucial to consult a professional that can point you in the right direction, and serve as a second pair of eyes. Tune in today to get indispensable advice from Scott Reib, who is published and currently offers consultation on this topic.
Highlights:
-There are so many statements about what people think the law is, and all too often, they are wrong
-How do attorneys clear up misinformation and calculate/minimize risks for various endeavors?
-Scott used to have an hourly model that didn’t work quite as well
-He switched to a subscription model so that clients can call him whenever rather than resorting to the internet or other resources
-A lot of people start businesses as proprietors without and LLC, or create an LLC incorrectly and lack a proper agreement
-Other times, people have very poor contracts with ambiguous/conflicting language or holes
-People lack to protect their brand, neglecting to trademark or copyright it—which results in this content getting pirated
-Siri does not necessarily hold the answers to complex legal questions. Every answer depends upon the particular circumstance
-There are so many simple things that attorney’s don’t think of, and it’s helpful to have a second pair of eyes to correct you when something is wrong. You can’t wear all of the hats.
-Legal advice you get for free is worth exactly what you paid for it
-Make sure you’re never running multiple businesses out of one entity, and keep your hard assets in a holding company
-Running with one LLC is good, but it does not protect all of your assets
-Make sure you have all the insurance you can afford
Useful Links:
Financial Survival Network
Reib Law
5 Proven Strategies To Shatterproof Your Business
Summary:
Is flipping houses the way to go, or is commercial real estate a more opportunistic pursuit? Listen to today’s episode to listen to myself and Mike Sowers discuss some of the benefits in flipping commercial real estate—and get insider tips on how to do this effectively. Sowers emphasizes the value in focusing on deals that add significant value to a property; one must consider what it is going to be worth to someone who will occupy it, as well as what comparable properties sell for. Sowers breaks down some of the strategies for mitigating risk within this industry, and provides an economical justification for investing in properties such as office spaces.
Highlights:
-It is possible to get higher returns investing in commercial real estate?
-Is flipping houses all it’s cracked up to be? It is a great first step for many investors. However, you don’t have to go into flipping houses to start—you can go directly into flipping commercial and skip decades of steps.
-There are a lot of sectors of commercial real estate, which can be broken into four categories
-Within the categories, there are different niches
-Sowers’ business is interested in deals that will add significant value to the property
-Only buying properties where you can create value that worth more than it costed to create the value
-There are two ways to sell/value real estate: what is it going to be worth to someone who is going to buy/occupy it? What do comparable properties sell for?
-A financial buyer/tenant values properties differently
-It can be beneficial to buy multi-tenant properties that have problems (i.e. property/people problems, partnership disputes, etc.)
-Focus on properties where you can increase the income stream
-Good strategies and system mitigate risk
-Sowers is particularly interested in the suburban office sector, because it has a much higher perceived risk than real risk
-From a demand standpoint, apartments feel less risky to invest in, but from an economic standpoint they pose a much higher risk
-How does this play into the work-from-home setting? Some of these shifts are taking place, but they’re not as extreme as people think they are. This transition actually makes it a good time to buy office spaces at lower costs, and still rent them out for a higher cost.
-There are different incentives you can offer to get people to decide to lease (i.e. free rent for a small period of time)
-Sowers targets small business owners
-Being able to accurately predict the future value of a property and estimating the costs to do so are both required to be able to successfully flip commercial real estate
-The active and passive partners have different roles in the process and maintain a symbiotic relationship
Useful Links:
Financial Survival Network
Mike's Book
Get in touch with Mike
Summary:
All of the madness is coming to a head in the housing market, so today, Wolf Richter and I get on the podcast to discuss what exactly is happening with buying and selling homes as a result of the current economy. San Francisco in particular is experiencing an interesting circumstance: seasonality is returning, which has been absent for most of the pandemic. We are seeing a rising market as well as individuals eagerly spending more money, which is stimulus driven. Tune in to hear about the interesting dichotomy between the economy and housing market, and what is to come in this industry.
Highlights:
-All of the madness is coming to a head in the housing market
-People are reducing their asking prices—how can this be?
-Every local market is different. In San Francisco, it is dominated by condos and has not gone anywhere in three years in terms of price. House prices have sky rocketed with a medium price at $2 million, dropping by 8% in July
-Seasonality is returning, which we have not seen throughout the pandemic
-Medium price dipped for single family houses, and for condos it jumped
-The volume fell quite a bit; prices dipped a bit from the peak
-There are very elevated prices at the moment, and this poses an issue as incomes do not match
-Drops in prices bring buyers out
-A lot of supply is coming on the market — this is the most new houses we’ve seen on the market since 2008
-Mortgage rates are still extremely low by historical standards. If mortgage rates go up, what will happen to the market?
-The Fed is already talking about tapering its asset purchases, which will likely happen this fall. This affects mortgage rates and long term interest rates
-The trend now is buying rental homes close together, which is more efficient than having single family homes scattered
-In a rising market, foreclosures are extremely rare
-We don’t have the situation of short sales
-Does the shadow inventory still exist?, or have banks flushed this out This is pretty much gone, according to Wolf.
-The carrying costs of vacant homes are very high, so this will probably bring more properties to the market
-What does the housing market tell us about the broader economy? Every time there is a shortage within the economy, we see prices rise.
-People are still eagerly spending money, which is stimulus driven
-States are sitting on a lot of money they haven’t spent yet, which will be put to use soon
-We are in an overstimulated economy - red-hot demand with supply constraints
Useful Links:
Financial Survival Network
Wolf Street
Summary:
John Rubino and I discuss what’s new with precious metals, Afghanistan, and lockdowns on today’s episode. Gold and Silver recently fell hard—going in the opposite direction as stocks—but miners are still making decent profits and it is an ideal time for the operation sector. We delve into the US’ exit from Afghanistan, which went so poorly because soldiers were removed prior to American citizens and millions of dollars worth of military gear. This has a number of negative implications going forward, and could pose threats to the US government. Furthermore, Rubino and I investigate the newest COVID lockdowns in France and Australia, and the protests that shed light on thoughts around the new variants and what to expect in the near future.
Highlights:
-Looking at what happened with gold and silver: they had a flash crash
-The precious metals fell hard, but stocks did not - asset classes going in opposite directions, and one of them had to be wrong.
-The new COVID variant gives the fed the excuse to continue with QE and artificial and low interest rates, even in the face of higher inflation
-Miners are still making good money, so it’s a good point in time for the precious metals operation sector
-With Afghanistan, this is perhaps the worst we’ve ever seen. Rubino says that our exit from Afghanistan was poor because we removed soldiers prior to American citizens and millions of dollars worth of military gear
-This sends a message to other predators around the world that they have somewhat of a free hand now
-There is an opportunity for other governments to get what they want with not as much risk. Militarily, this is terrifying.
-This circumstance may remind one of the 1970s
-We really could use leadership, which seems to be absent at the moment
-With the current leadership in the US, there are many other distractions - we place much focus on domestic terrorism, racism, etc. that don’t fit within other larger military issues
-The Darwin Effect: people sense weakness, and take advantage of it, and this is how geopolitics works - you get what you can.
-We have to lump the US in with the group of predators in the world - there has to be a balance of power such that no one indulges their predatory instincts
-There’s going to be a big fight on divvying up Afghanistan, and the US will not be running the show
-We’ve created the conditions for turmoil and for fairly extreme things to happen
-Geopolitical circumstances, inflation, and labor shortages contribute to these conditions
-There are a lot of low probability events that contribute to a high probability event
-Ongoing demonstrations in Australia and France over lockdowns
-Primarily middle class protestors - these are the people most frustrated by these lockdowns
-The government put no emphasis on therapeutics in regard to COVID treatment/vaccination
-80% of people who perished from COVID had Vitamin C deficiencies
-There is a desire to eliminate the control group so that we will only know what will happen if people are vaccinated
Useful Links:
Financial Survival Network
Dollar Collapse
Summary:
Today on the podcast, Octavio Marenzi and I discuss the struggle to learn from history in addressing the ongoing issues in Afghanistan—to which no empire has been able to prevail. We discuss the financial consequences of this defeat; Marenzi expresses that we will perhaps see a period where it is increasingly difficult to get large military budgets passed. For defense contractors, it is a massive gain to not win, and we see that corporations and governments have their own overarching interests and agendas. We recap fluctuations in Gold and Bitcoin, and Marenzi provide useful insight into the future of these currencies and responses to expect from the Fed.
Highlights:
-Setback for the US and western civilization - humiliating withdraw of the United States
-It was inevitable once we decided to stay there
-The only thing we learn from history is that we don’t learn from history.
-Comparing the fall of Carpel to the fall of Saigon
-Other empires have been involved here - the Soviet met their final defeat from Afghanistan
-Even Alexander the Great met his undoing in this area
-No empire has been able to conquer it, and it is somewhat similar to the China/Vietnam situation
-throughout history, the Chinese have always been concerned about maintaining power internally rather than externally
-We would think that defense stocks would skyrocket
-In one day of war, they can make more money during a year of peace
-Marenzi thinks we are going to see a period where it is very difficult to get large military budgets passed
-Military spending is perhaps going to be significantly curtailed
-The US will probably be more careful from here on out with getting involved in foreign matters
-The US could have withdrawn at a different time
-Afghanistan has never been an advanced economy, and the nation building seemed to be flawed from the very beginning
-Perhaps the goal was not to win, but to earn as much money as possible
-For defense contractors, it is a massive gain
-Corporations and governments have their own interests and agendas, and the more military hardware they can sell—the better
-We have never seen so much money spent with so little results - what is the return on investment? It seems to be much less than zero
-What’s next? Joe Biden has been weakened by this, and has undermined many alliances around the world. He seemed to be the steady hand in foreign policy, but has now found himself in the worst debacle in American foreign policy
-As long as the Fed keeps buying bonds, the market will go up because of the wall of cash coming in monthly. At some point, the fed will have to rethink this but it doesn’t seem as if we’re close to this yet.
-Marenzi predicts we will probably go back and replay the last year in terms of vaccine mandates and lockdowns
-Is gold going to go higher? It seems to be stepping sideways, and has not necessarily followed the inflation pattern
-Maybe we should put our money in crypto? It seems to give gold some competition
-Central banks around the world will perhaps become more skeptical of cryptocurrencies, and will not give up the ability to print money very easily
-Governments will either shut cryptos down, or regulate them very heavily—we will ultimately come back to gold
Useful Links:
Financial Survival Network
Opimas
Summary:
How can businesses re-connect with customers as the world opens and we exit the health emergency of the last year and a half? Today, John Paul Mendocha comes on the podcast to address how to effectively engage with your clients in the current economic and cultural climate. We dive into meaningful customer outreach, and John presents the benefits of using communication platforms—specifically Slack—to provide valuable information to clients and give top tier service. Tune in to receive advice on customer relations that will help your business thrive during this time of transition.
Highlights:
-How can businesses re-connect with customers as the world opens and we exit the health emergency of the last year and a half?
-What do we tell our clients?
-Mistakes people make are losing contact with their customers and getting enveloped by the current problems. We need a clear message to the marketplace that we are moving forward and ready to do business
-Talk about what you can do for customers and move forward that way today
-Effective customer outreach required - find out the best way to get in touch with them
-John gives a great example: he has a Slack channel with his customers, which makes them feel like they are part of a community as it allows them to communicate with one another
-One can invite their best customers to learn about Slack - they can receive information in a ‘narrowcast.’ This is an opportunity for businesses to engage more with customers
-It is important to be subtle: don’t weave your product or mission statement into every message; be intentional and only share useful information
-Slack is a method of externalizing to marketplaces
-Ultimately, Slack is well suited for the current cultural and economic climate: it allows us to ease back into establishing close relationships between businesses and clients while still providing top tier communication and services.
-Acknowledge problems that need to be solved, and be open to talking about them and coming up with solutions
-When you’re in a business relationship, you need to take 100% responsibility for the communication
-If you have a social media, post consistently throughout the week with some posts based on business, and others focused on researched topics, values, etc.
-Share positive and intriguing findings
-Ask yourself: How many different ways can I engage with the customer/prospect?
Useful Links:
Financial Survival Network
Position to Win
Slack
Summary:
If your business operates on a web platform, it is crucial to possess a thorough understanding and appreciation of cybersecurity; this is a practice that can either make or break your business. Today I speak with bestselling author Robert Siciliano about the precautions one can take to evade cyberattacks and identity theft, which are incredibly common in the digital realm of business. Proper cybersecurity and a knowledge of how to deal with attacks/attempted attacks can save you and your business a load of trouble in the long run. Tune in to find out more.
Highlights:
-It is important to know what precautions to take to avoid identity theft
-Bestselling author Robert Siciliano tells us that ransomware is an epidemic: it affects healthcare, manufacturing, etc.
-Businesses are paying millions of dollars in ransom
-The bad guys have gotten very skilled in what they do, especially in terms of organization. They function as legitimate businesses. Team members are able to get access to usernames and passwords, and get people to click links so that they can operate from the inside
-They gain access to the insides of networks and then stop these networks from functioning
-Insurance companies end up paying for this ransom
-Everyone needs proper security awareness/appreciation training
-Cybersecurity insurance is the fastest growing sector of insurance
-Any computer with valuable data should have at least two backups
Useful Links:
Safr.me
Financial Survival Network
Summary:
Everyone eventually wants to transition out of their business and retire, and it can be difficult to sell a business off—you need specialized knowledge to do so. Today we hear from Ahmie Bahm, a financial advisor with clientele of business owners trying to transition to retirement. The sooner that business owners prepare for the inevitable transition, the better, and Ahmie explains the criteria for a successful exit/succession that every business owner ultimately experiences.
Highlights:
-Everyone eventually wants to transition out of their business and retire, and it can be difficult to sell a business off
-Ahmie is a Financial advisor with clientele of business owners trying to transition to retirement
-It is good to help business owners sooner rather than later to deal with the inevitable transition
-In most cases, the SBA is not part of the transition process—it’s about following a time-strategic recipe to transition effectively
-It’s not if you’re going to leave the business; it’s when
-The criteria for a successful exit/succession is maximizing the bound, mitigating taxes, making sure you can cash flow your life into old age, and making sure you stay in control of the process
-Family businesses fail by not having the right people involved/an insufficient management team, and not having the resources to deal with different problems that arise
-Generational conflicts can come up and it is critical to know how to deal with these
-It is good business to constantly be running your business for sale
-When you start your business, it is imperative to have an exit strategy
-The best successes occur with business owners that stay out of the middle: they can still be the leader, but every decision cannot revolve around them
-Keeping the eventual exit in mind pushes owners to look to the future
-It is important to make sure that your accounting is done properly, and to consider that the buyer is the professional—they will determine what contributes/takes away value
Useful Links:
Financial Survival Network
Interchange Capital Partners
Summary:
Today, Mish walks us through some of the effects of the lockdowns and the variant on the economy. We talk about stimulus checks, and some of the negative impacts on businesses and the economy in turn—everything is down in the real economy at the moment. Mish also highlights the significance of inflation: the disruption in the supply chain is real and it’s affecting everything. We talk about some of the indicators of these phenomena, and other interesting insights that allow us to better understand the current obstacles in the market.
Highlights:
-Mish talks to us about what is happening with DOW and Nasdaq, and how the fed will do whatever it takes to ensure that the economy will not falter—which translates to buying stocks.
-Is the Delta variant going to bring down the stock market and economy?
-There could be more pressure in terms of proving that you’re vaccinated
-The market is dismissing the Delta variant because it is concerned with the fed
-In the real economy, everything is down, but the stimulus should bring it up
-With the iminent end of stimmies, will we see a rebound in hiring?
-Investing is something that people have become involved in during COVID in light of receiving stimulus
-September and October are dangerous months for the stock market
-Big banks want employees back; tech companies are okay with remote working
-People are still hiring with many incentives, and the labor shortage is still very much as play—especially in hospitality
-Inflation is still at play as well—the disruption in the supply chain is real and it’s affecting everything
-Mish uses sugar as a barometer for inflation—it is a lead indicator
-Inflation is something that people should not forget about, and the impact on the market could be more significant than anything
-Mish says Bitcoin and Ethereum are the grandma and grandpa of crypto, but that the whole space is going to continue to be exciting
-We have had seven crashes in Bitcoin, and we don’t know if this one is over or not
Useful Links:
Financial Survival Network
Mish Schneider on Twitter
MarketGuage
Summary:
Michael Busler, Professor of Finance at Stockton University, gives us a crash course on the current economic situation in the United States—probing into some of the root causes of different problems and changes we are seeing today. We dive into inflation that has worsened due to disruptions in the supply chain as well as health circumstances over the last year and a half. Michael explains, however, that there are a number of other causes for inflation. If the government returns to some of the basic principles our nation was founded upon, perhaps we can re-create the economic prosperity we were historically known for.
Highlights:
-On the good side, the economy is growing very well, and is somewhat dependent upon the virus
-The problem at hand is inflation - prices are up about 5% over the span of a year
-Inflation is caused by disruptions in the supply chain
-Business has not caught up with the supply yet and this is why prices are rising
-Some say as soon as things open up fully, supply will increase and inflation will diminish
-There are, however, other causes for inflation such as fossil fuels
-The federal reserve has increased the money supply by over 20% in the last year and they are keeping interest rates near zero
-The federal government spent $3 trillion more than they took in as revenue last year as well as this year (government deficit spending)
-Companies that are re-opening are trying to get workers to come back, but many of them are making more on unemployment. Thus, businesses are pushed to raise wages which drives up labor costs astronomically
-Wages going up pushes prices up
-Will the federal reserve be able to raise its interest rates?
-The stock market is doing so well because corporate profits are up due to remote working
-Companies need capital so that business can expand and we avoid stagflation
-We don’t want attempts to reduce inflation to bring about a recession
-If we go back to some of the basic principles of the United States, our economy could prosper like it once did
-Four basic principles: individual freedom, individual responsibility, low rates of taxation, limited role for government
-The current administration is contradicting these principles; the government wants to take care of everyone and encourage social responsibility. The government is not motivated by profit, so costs go up
Useful Links:
Financial Survival Network
Michael Busler Twitter
Funding Democracy, the economics of freedom
Summary:
What is infinite banking, and how can we use it to build wealth? Today, Jim Oliver comes on the podcast with me to discuss how you can utilize a money pool to buy cash flowing assets—this gives your money the potential to grow tax-free and to be accessible tax-free. This approach to infinite banking emphasizes financial freedom; if you are in control of the money, it’s likely that you’re also the one making it. Tune in to learn about some of the opportunities you could have through infinite banking, and get direct insight from Jim, the founder of CreateTailwind.
Highlights:
-How can you effectively be your own bank and finance your own cash-flowing projects?
-We are using a money pool to buy cash flowing assets
-Infinite banking has a lot to do with paying off debts, but in this case we are emphasizing financial freedom
-Some people start with as little as $20k a year, and some start with millions
-What are the administrative costs? There really aren’t any because they use a special insurance contract that is designed for high cash value
-The money can grow tax-free and is accessible tax-free
-The money can be put to work very quickly
-Creating velocity of money by using it over and over again
-You are in control, and whoever is in control of the money makes the money
Useful Links:
Create Tailwind
Financial Survival Network
Breakaway Wealth Podcast
Summary:
Today, I speak with Craig Hemke to discuss what’s new with gold, the repo market, and the real economy. Supply and demand have played a large role within the latest decline in gold and silver, and Craig breaks down some of the changes in the market within the last few years. We see time and time again that nothing ever goes straight up in a trend line, and that these trends are ever-changing. We also talk briefly about crypto, emphasizing the benefit to owning multiple types of currencies in the shifting market.
Highlights:
-What is going on with the price of gold, the Repo market, and the real economy?
-What is behind the latest decline in gold and silver? It’s a multi-faceted answer—supply and demand for the future’s contract plays a large role.
-Why is there so little demand? This has to do with the people that are buying contracts and transitory effects
-Repo demand was rising, but so was the demand for everything short-term
-When you hear about the dollar going up, they are referring to the dollar index
-if we slow the creation of dollars, then the dollar relative to the Euro looks slightly better
-Expecting to see a taper of QE
-Nothing ever goes straight up in a trend line; trends are always changing, and this is especially relevant to gold.
-The idea of having an expiration date on a currency isn’t feasible
-Have we hit the physical floor again?
-We have spent a year with market participants getting used to a particular level within long-term consolidation—once it moves out of this, it will shift very quickly
-Have cryptos become the new gold?
-We should be able to own multiple currencies rather than adhering to a binary
-The argument for/against Bitcoin hasn’t necessarily changed
Useful Links:
Financial Survival Network
TF Metals Report
@TFMetals on Twitter
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The takeover of Afghanistan by the Taliban. This is really the talk of the town this morning. This does not affect the stock market directly, but it makes traders and investors question their confidence in the current administration. I personally believe the Federal Reserve controls the market action with their current QE $120 billion/month program.
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Options expiration for August is on Friday. As you should all know by now, this is a week of institutional game playing. It's also a week where you will hear a lot of rumors, geopolitical events and lots of ridiculous up/down grades. Expect the unexpected. Watch Tesla and see what they do to it. This is the real shark week.
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Gold/Silver they were hammered in June during options ex. Nick said not your normal gold slam. Big traders were in there driving it down. More upside now to 1840 potentially. The miners stopped leading and still are not. Mining stocks are negative today while gold is up $9.
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Cryptos have had a good move. They’re up slightly and now Bitcoin is at resistance. It’s a nice retrace, but wait for the pattern.
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Inflation is back with a vengeance. Commodities made lifetime moves. You can see the inflation on the charts. Inflation is here to stay. The lockdowns are the catalyst when the global economy shutdown. Gold, lumber, food, copper, etc had huge moves. Watch the price of copper. Copper tells all. And so was lumber. Copper topped in May and has pulled back a bit. Next wave coming in 2023-2024.
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These policies are the exact opposite of what the economy needs. Lot’s of market volatility. You need to be a stock picker. Next year or two will be very tough. People have gotten used to raging bull markets.
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Dollar has been strong and it bottomed out in May and has been making higher lows. Within the next 10 years it will lose its reserve status. Will the US stop cryptos?
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Europe is a disaster. European banks’ charts are extremely weak. Look at Deutsche Bank and Credit Suisse. There’s a problem in the European bank. Their bond market has been killed by negative.
Summary:
Today I speak with Eric Hadik who has been spot on with precious metals predictions for years, and has unmatched insight in this field. Eric walks us through the 40 year cycles of currency wars that have taken place throughout history that allow us to comprehend what happens in the markets over time. We come to the premise that gold needs to look for something to drive it higher or lower in its current position, and finally discuss stocks and oil.
Highlights:
-Spot on with precious metals predictions for years—and
-Started by looking at gold from a very broad perspective
-in 2015 Eric describes 40 year cycles of currency wars throughout history
-Gold and paper money = opponents
-Inflationary numbers will continue to come out but also taper a bit
-Gold needs to look for something else to drive it higher or lower
-One of the biggest burden is that interest rates are going to start to take up a bit
-Stock market due for a second correction in August and September
-Precious metals and stocks set their major highs and lows very closely
-20% of publicly traded stocks aren’t making any money -Oil - lowering/stabilizing
Useful Links:
INSIIDE Track Trading
Financial Survival Network
Summary:
Today, Ben and I cover one of the most feared three letter words amongst American citizens: the IRS. It is important to remember that we have remedies and rights when dealing with the IRS, and numerous people get in trouble merely because they don’t understand some of the rules and processes. We want to make sure you don’t find yourself in this situation! Tune in today to hear about how you can exercise your rights and handle your taxes in a way that is painless, legal, and will save you unnecessary stress.
Highlights:
-IRS - one of the most dreaded three letter words
-As US citizens we have remedies and rights when dealing with them - IRS taxpayer Bill of Rights
-You could think you’re doing everything right on your taxes and miss a rule you weren’t aware of
-Many people get in trouble merely because they don’t understand the process
-Ignorance is not bliss when it comes to the IRS
-It is important to get people educated and informed
-You should never deal with them directly on any major matter. Tax law regulation and rule has nothing to do with common sense, so it is not a good idea to try and use basic rationality to communicate with them on your own.
-The IRS is limited to what they can do, and it is important to keep them limited (no in-home audits)
-It is important for businesses to have restricted areas for employees/customers only
-the IRS is trained on how to read/listen to people, and must decide whether they are trustworthy
-the IRS needs more employees because many of the current ones are not auditors—they do the daily entries
Useful Links:
Golden Tax Relief
Financial Survival Network
Summary:
Are we losing freedom as a product of health issues and government mandates? In today’s podcast, George and I tackle freedom, health, and finances to collectively consider the cost-benefit analysis of government involvement: how does this affect our overall well-being and happiness? We get into the financial consequences of some of the current world issues, in which the government’s deficit spending may reflect quantitative easing—which could result in continual inflation. Tune in today to get an interesting perspective on some of the most pressing global considerations right now, and to probe into what health and wealth mean in an era of immense change and regulation.
Highlights:
-Are we losing freedom? Is it the biggest casualty of the health issues we’ve seen over the years?
-We are encouraging people to think about what wealth is
-From an economic standpoint, goods and services make money count
-When you look at policies, we must ask ourselves if they produce more or fewer goods and services
-We make ourselves poorer if policies produce fewer
-Even if you have a substantial net worth, limitations on where you can go/what you can do de-value these assets.
-Freedom and health go hand in hand
-If you are a proponent of increased government involvement for the sake of safety, you must ask yourself: at what point will you believe the government has gone too far
-At a certain point, you must do a cost-benefit analysis
-there is a point where the government can take away so much of our freedom to where the costs outweigh the benefits
-Everything being done right now by governments in the name of health does not necessarily promote overall happiness and well-being.
-At what point is life not worth living? We can keep ourselves safe for the rest of our lives by separating from the outside world, but is that life worth living?
-We could see a scenario where the dollar goes up on the DXY, but that doesn’t mean that the cost of general goods will go up or down—nor will the stock market necessarily go up or down
-From a financial standpoint, people need to consider what is going to happen with government spending
-Dollars come out of economy and are re-distributed
-What has happened in 2020 and 2021? Consumer price inflation
-Is the government going to continue deficit spending?
-Quantitative easing (QE)
-Government deficit spending may resemble QE—must increase to achieve the desired effect on the economy, which puts it in a state of comatose
-General goods/necessities will increase in price
-Real estate - ideal to own at 30 year fixed rate mortgage
-CDC’s control over eviction moratoriums
-Foot in the door theory - when people accept a smaller request, they are more likely to accept a larger request later
-Foot in the door theory holds for things like COVID guidelines
-Is this circumstance simply the global elite using the foot in the door theory?
Useful Links:
George Gammon
Financial Survival Network
Summary:
Is the gold slam over, or is there still more to go? Today, Chris and I comment on the recent ding to the metals as well as updates on the dollar and Bitcoin to catch up on currency. As expected, there is a lot of panic around the circumstances of the metals, but this is a ‘golden opportunity’ to buy. The dollar is back up to resistance trying to break out, and could perhaps rally about 2% from where it is now. In the case of Bitcoin, it’s back on an up trend now, and can be projected by way of technical analysis. Tune in to get clued up on all things currency and to hear Chris give us some valuable insight on trends in monetary value.
Highlights:
-It’s been a bloodbath in the gold markets
-Metals are getting clobbered—gold was down 5% at one point
-A lot of people are nervous; gold has fallen so much in the last month and a half and has many selling
-While people are panicking, it’s a ‘golden opportunity’
-This should resolve to the upside eventually, but it has to work itself up
-Gold has been trading sideways and drifting lower, which is a strong pattern
-Since last August, we’ve seen Silver trade sideways
-This is a great opportunity for precious medals investors to add to their stacks
-These patterns point to higher prices
-Based on the patterns, it will probably take 1-2 years to see their break-out in run
-What’s going on with the dollar? When you look at the chart, it has been trying to put in a bottom for all of 2021
-dollar is back up to resistance, trying to break out
-we could see the USD rally about 2% from where it is now
-Chris thinks the dollar will be topping out at the next resistance level
-What are we seeing with Bitcoin? Is the damage over? Bitcoin corrected about 54% from the highs. It has been trading sideways, trying to carve out a bottom
-Which way is this pattern going to break? It’s back into an up trend now
-We can use technical analysis to figure out where this upside is going to start
-Fibonacci extension can tell us where the next resistance level is going to be
Useful Links:The Technical Traders
Financial Survival Network
Summary:
In today’s episode, I speak with angel investor Jonathan Hung to discuss many of the inside tips and tricks of successful entrepreneurs. Jonathan highlights the importance not of the individual entrepreneur themselves, but of the team that ultimately must grow and evolve as the business does such. If you are interested in hearing about the development of startups, up and coming trends in tech, and the tools needed for you and your business to thrive, then tune in to today’s podcast.
Highlights:
-Jonathan is an angel investor and managing partner at Unicorn Venturing Partners
-From working in so many sectors, what is the biggest lesson you’ve learned? Jonathan says it’s not about one individual—it’s about the team. Jeff Bezos didn’t build Amazon by himself.
-Can you have a start-up company without a strong overarching personality that can turn your vision into a reality
-differences between public and private companies
-with private companies, who your leaders/executives are are so important
-The world is a big place with many people who like different things
-Hiring is an important skillset to have as an entrepreneur
-Leaders need to build a team; the team changes as the company grows
-Looking for business models that can scale to a larger level
-Entrepreneurs aren’t necessarily the smartest—they have grit and relentlessness
-What trends are emerging in tech? What companies are evolving to fit these trends?
-1/3 workers are looking to change jobs/transition
*Data mining
-How do you allocate valuation? It depends - services, tech, etc.
-Best way to dabble in angel investing - don’t do it by yourself. It’s also about networking and recognize that it’s okay not to be the smartest person and to seek out other expertise
Useful Links:
Financial Survival Network
Jonathan Hung
Summary:
Today, Martin and I talk government and crypto—in the face of the national debt, the US is depending on the cheapening of dollars to pay back debt that has grown exponentially in the last decade. Additionally, we face other probing questions in looking at Europe’s 2030 agenda. Ending democracy and implementing shared power between nations would have many interesting implications, and we dive into some of these. We discuss IMF and the push to create a universal digital currency, which would be above all laws and change cryptocurrency as we know it. Tune in to listen as we implore possibilities in crypto for the coming years, and the interplay between debt, governing strategy, and digital currency.
Highlights:
-DOW - a bull market everyone loves to hate, and Marty called it
-Over the years, Martin has dealt with a lot of government in the analytical field
-We can’t continue to borrow year after year without the intention of paying back
-National debt has more than doubled within a decade; government has the intention of paying back with cheaper dollars
-This is now coming to a head
-The problem is not the US, but Europe
-Europe went to negative interest rates in 2014 - 7 years later they are still unable to stimulate the economy
-Pension funds are insolvent
-Martin’s solution: stop this and re-design it, but for freedom
-8 points for 2030 agenda - ending democracy, US no longer a superpower, shared power between nations - one world government idea
-Heat map is dark red for Europe
-Many people untrained in the field are now suddenly climate activists and experts. Those who aren’t necessary qualified are making these big decisions
-Handing the power of the US to the UN is off the wall
-Schwabb says democracy has to go - keep in mind checks and balances on human rights
-European Commission that makes laws does not stand for election—neither does the head of the EU -When we see Biden and $6 million proposals, it’s because we are looking to modern monetary theory—borrowing is not feasible anymore
-Government spending increasing by buying all the government bonds in Europe
-"we can just print more money and it won’t cause inflation”
-Assets, real-estate, art, etc. retains value and are going up drastically
-DOW going up dramatically and people still analyzing it with old-school methods
-Where is crypto headed?
-You have to be careful…there is a group above the UN (FAFT) that is concerned with money laundering and wants it to drop *know your client
-Ending the idea that somehow cryptocurrency is out of the government
-Pushing hard to create an IMF digital currency - all cryptocurrencies would be devolved into this new IMF coin. Why? This would replace the dollar as reserve currency
-Martin: opposed to IMF because it is not an elected body, and is outside the jurisdiction of countries—they are above all law internationally. Period.
-What’s going on with the gold flash crash? They lost their targeted gold
-They are tracking every ounce of gold—where it comes from/goes. They realize gold is an escape valve and have been trying to restrain it as much as possible
-This isn’t to take away inflation; this is about money and control. They don’t want any competition—it’s about power
-Half the world is acquiring gold at the same time, which might be problematic
-Communism failed because it didn’t have the entire world
-The reset scam will fail—the only way they could pull it off is if they could get Russia and China involved
-Three Gorges Dam and Chinese flooding—if the dam goes, much of the Chinese economy goes with it
-The climate change argument is serious because the UN is using this to promote the one government idea - climate change must be fought by a unified government
-We still have regional/cultural differences
-History repeats itself
-Miami becoming financial capital of US—what is going to happen to New York?
-People can’t be evicted; land lord can’t collect rent
-Will all private housing become government housing? This would essentially make New York a ghetto
-This system doesn’t function this way—it only would be able to do so by the communist regime
Useful Links:
Armstrong Economics
Andy and I get on the podcast today to debrief the flash crash in Gold; 24,000 contracts were dumped and prices drastically went down. This was intended to produce a major shock factor in the market. This makes for an excellent buying opportunity as markets do not always behave this way, and the price will most likely shoot back up again due to the high demand. We talk inflation, debt, and the realization of modern monetary theory—all of which are worth thinking about in the current economic state.
Notes
-Flash crash in Gold - went down $100/oz - has been bouncing around
-Andy Scheckman - milesfranklin.com
-What is going on with Gold/Silver?
-24K + contracts dumped - $4B worth
-It is a poor idea to dump that many contracts at one time, but it is done for effect
-There is no more manipulated market than the metals market
-This is a heck of a buying opportunity because markets don’t behave this way
-The price is most likely going to shoot back up because of the high demand
-Month-in, month-out, the big losers are speculators, who do the same thing over and over again and aren’t afraid to lose
-the government is the one accommodating loser
-$27 trillion in debt
-Less workers, high inflation-
-the only way you can manipulate a market over time is if you push it in the direction it’s moving
-Bloomberg - gold is going lower because the economy is getting stronger
-Fear of lending money out into an economy - banks are swimming in liquidity
-Wells Fargo pulling away from lines of credit
-The best things in life are transitory
-Inflating will get much worse
-People should be reigning in their debt
-People should be putting gold and silver away, not increasing their debt
-Purchasing power is being destroyed
-full modern monetary theory
We have seen this before but it turns around very quickly
Important Links:
www.FinancialsurvivalNetwork.com
www.MilesFranklin.com
John and I discuss the way in which the layaway concept is re-inserting itself into buying procedures; time and time again, individuals are slaves to debt and seek out more methods of borrowing money. We touch upon gold and silver getting whacked due to banks feeling pressure about unemployment rates as well as what the markets will do. However, the stock market is not crashing--and the drop in gold and silver prices should not induce panic. Tune in today to hear about some of the latest phenomena in tech, debt, and investing, and stay for the entertaining South Park references.
Notes:
-Concept of the layaway - ‘Layaway America’ - debt slaves don’t have enough ways to borrow
-We are becoming the layaway nation - everything that’s old is new again
-Gold and Silver take major decline
-Medically necessary creeping fascism
-Bitcoin is back up
-Tech companies have revived the idea of the layaway - making interest free payments until something is paid off
-Debt slaves don’t have enough ways to borrow
-Securitizing
-It’s not a surprise that gold and silver are getting whacked - banks are feeling pressure about unemployment rates and what the markets will do
-The stock market is down a little bit today, but isn’t crashing; only gold and silver are struggling. This is opportunistic and should not cause panic
-There are far more jobs than unemployed people—something has to give
-COVID era benefits need to eventually go away
-We are experiencing accelerating inflation
-Baby boomers are retiring; it’s going to be expensive when the government starts paying for all our needs
-some people see cryptos as tech stocks and buy them when they’re optimistic, while some people buy them when they’re worried. This means that there is always a market for them
Useful Links:
Financial Survival Network
Dollar Collapse
I was joined by Fury Gold Mines’ Chair Ivan Bebek and CEO Mike Timmins for the latest sponsor update. The news has been coming out at a fast and “Fury-ous” pace (pardon the pun) and as expected yet more high-grade gold has been found. In the latest results, three drill holes focused on the untested Hinge target had significant intercepts - including 1 meter of 12.81 g/t gold…showing that Hinge has high-grade veins as well as broader mineralization zones.
Results like these demonstrate that Fury is the perfect case for why one should invest in the junior mining sector. Many times the market appears indifferent to highly positive results, but when the news really starts flowing, it catches on and great shareholder returns routinely follow. As Ivan said, “Patience …will always pay off.” The company now has 4 drills turning and while the assay labs have been slow to furnish results, things should pick up shortly. Website: www.FureyGoldMines.com - Ticker Symbol - TSX/NYSE: FURY
Summary:
In today’s episode I speak with Crypto Professional Shahar Abrams about the basic fundamentals of cryptocurrency, its future, and why you should educate yourself on this increasingly prevalent industry. Shahar entered the crypto sphere in 2017 and has since become an expert on the digital revolution in value that is taking place. Crypto offers an amazing opportunity for passive income that you can’t make with traditional stocks, and is essentially the backbone for what is going to become the internet of value. Tune in to hear captivating stories from Shahar about his background, the future of crypto, and his online course where you can learn the inner-workings of cryptocurrency investing.
Notes:
-What people think crypto is, what it really is, and why they should educate themselves
-Perhaps losing money is the best learning experience in the industry
-why it has a future, why you should be interested and perhaps even take a course
-started out consulting for IBM (data science track), dove into blockchain in 2017
-Interested in personal finance
-Rich Dad, Poor Dad
-Creating passive income streams and buying assets that put money in your pocket
-Bought in in 2017
-Felt like he was developing an edge in crypto - quit the corporate world and wants to now focus on education. There is a big educational gap, amongst investors—especially within crypto
-there is a big range of what crypto can be worth
-actual liquid market is a lot smaller than what people think
-Long-term/medium-term investing in crypto - best trade-off between financial benefit and stress levels
-Passive income you can’t make with stocks
-If you want to trade, carve out a bit of your portfolio, start small, and increase as fit
-goal of the course: predicated on view that this is a legitimate, maturing industry that will result in massive disruption to any industry that mediates value
-crypto is the backbone of what is going to become the internet of value
-we will be able to send value by way of crypto very regularly
-wants to push people to take the long-term view
-the best investors in the world don’t invest in something they don’t understand
-great opportunity whether you are more aggressive or passive - it is worth learning about so you can better assess risk and create a strategy to reach your goals
-crypto from the technical and market perspective
Useful Links:
www.FinancialSurvivalNetwork.com
www.roadtobabylon.org
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By Robert T. Kiyosaki
The Richest Man in Babylon by Sam Sisavath
We just went through the usual precious metals bottom in late July, early August. Volume on juniors is completely anemic. GDXJ has double bottomed which is usually a very bullish sign. David Erfle sat down with us to give an update gold, silver and mining stocks.
Mining stocks have continued to go down leading to investors take tax losses in the summer, which is quite unheard of. David says this is the exact time when the opportunity in the sector is greatest, at the bottom. Therefore, you need to have a watch list and be ready to pounce. The juniors are in particularly strong position now. Since the last move up, they’ve cashed up and are ready to go. Drilling programs are happening right now and results are being release. There’s lots of value in the sector. Of course it’s always possible we could have another down leg that drops gold to 1600-1650. in this sector you never know. However, = if gold stays above 1750 it will soon be off to the races. The Fed is working overtime on pushing gold prices higher. It finally admitted what we all know, inflation is here to stay, and with its decision to not raise rates or taper, the secret is out of the bag.
Do you want to minimize the amount you pay in taxes? Today, Mark Myers gives us the inside scoop on how we can do this legally and ethically. Mark highlights the distinction between the tax systems for the informed and the uninformed, and how we can equip ourselves with the resources to be on the informed side. Many small to medium business owners are not aware of some of the benefits they can take advantage of that are non-taxable and very attainable. Most importantly, it is critical to understand how we can stay within the black and white boundaries of the IRS while keeping more of our own money. Tune in to get direct insight from Mark on some of the up and coming potential tax strategies and some useful tips to ensure that you minimize your taxes.
Important points:
Notes
-Business owners (small to medium, $150M revenue) most of these owners don’t know that there are benefits they can take advantage of that are non-taxable. This is by creating another entity with a separate service
-Low hanging fruit in the informed tax realm—needs to be structured right so it doesn’t fall under IRS rules in control and consolidation. This needs to be done under the right guidance
-Make sure you are in the black and white, and not stepping outside of the boundaries
-Highest tax break Mark has helped someone achieve was 7 figures
-What is the next largest potential tax strategy one can utilize?
-capital gains - selling appreciated assets
-How can you ensure you don’t trigger the capital gain tax event when selling an asset?
-Trust structure - when the buyer goes to buy the asset, they aren’t paying you but the trust which you have control over
-utilize family structure to minimize taxes - passive income can be offset by passive losses
Useful Links: peakprofitsolutions.com
Noble Drakoln is long Robinhood and not for the reason you might think. True it’s a hot market trading app that has millions of clients and makes its living selling their data to high frequency traders. It’s doing quite well and according to Noble has leveled the playing field and enabled the public to turn the tables on the pros, but that’s only half the story. They’re really a crypto play as they are one of the largest holders of the infamous Elon Musk promoted Dogecoin. And they’re all set to become a major crypto trading platform that could easily surpass Coinbase. And that could really result in huge profits to early Robinhood investors, and perhaps that’s why the price has rebounded and gone higher than the IPO price. Perhaps another Facebook in the making.
Robert Stevens and I discuss the mining industry, and set out to address some of the challenges and changes within the field in today’s podcast. The mining industry is experiencing quite a boom, and the demand for metals only increases and will continue to do so in the following years. This is especially significant in consideration of transitioning to a more electrified economy.
Robert talks about how he got into geology, and the underlying entrepreneurialism in the field that sheds light on the scope of the industry. It is imperative to look at the bigger picture in mining to account for each facet. Mining is essentially the ultimate treasure hunt and mastery of the earth’s resources, but it requires that we understand what it means to bring mines online.
Robert offers valuable insight into the implications of drilling, and the necessity to create a working understanding of why we drill, because results are affected by these reasons. Finally, we get into how mining is a different industry today than it was historically. We can now recover metals in greater quantities and processing methods operate with increased efficiency.
The regulatory requirements in place that allow for more environmental preservation contribute to these shifts in mining practices, which need to be acknowledged by regulators and governments. Anyone interested in exploring this topic more can check out Robert’s book, Mineral Exploration and Mining Essentials, and participate in his online courses that provide an overview of the industry.
Links and Resources
Online courses - miningessentials.com
-Pre-recorded online courses as well as a live one taking place September 28th-30th (12 hrs) that provides an overview of the industry
Mineral Exploration and Mining Essentials by Robert Stevens
https://www.amazon.com/Mineral-Exploration-Mining-Essentials-Stevens/dp/B004RY4YFC
The good side. Social security recipients have shortchanged by fake inflation numbers. They’ll probably get a 5% increase or more for next year. In most recessions we have supply chain issues. This has resulted in higher prices. The actual numbers are probably running ahead of that. The supply chain issues are starting to get resolved and prices will come back down. Mark believes it will be a short-term blip.
When to take social security? It’s situational dependent. Your health, your financial situation and your history. Most people take it too early. It depends on your family situation. There are over 500 different scenarios dealing with Social Security benefits. You need an expert like mark to unravel the mystery.
Carnivore Trading was started by Dutch, Donk, and Trader Z, all professional Wall Streeters that have worked together at some of the biggest and best firms on Wall Street and have 100+ years of combined trading and Wall Street experience. They believe that Wall Street has become fundamentally flawed and is now structurally designed to produce mediocrity. Wall Street is living off its former reputation, not who they are today. They are no longer money makers for you, they simply want to keep your money invested at all times and keep making big fees off your account. Unfortunately, they just want the annual fee, and absolutely DO NOT CARE if you make any money. FIND THEIR WEBSITE HERE: Carnivore Trading is a group of professional traders that deliver to its subscriber family (“The Carnivores”) Instant Text Alerts for trades it is recommending. We find explosive trade set ups and deliver them in real time to the Carnivores. Their family of Carnivore Traders act on them if they wish at whatever brokerage firm they hold their accounts. Carnivore is not a brokerage and will not do any trades for you. Rather, they give you the recommendation, you do the trade yourself.
The opportunity to invest directly into a business rather than making a trade. You are providing catalytic capital that can deliver value to you as a shareholder and to the company. You could consider it as buying stock at wholesale, direct from the distributor with no mark—ups. Jamie always looks for warrants as gravy. Never invest just because you’re getting a warrant. Rather the deal must make sense on its own without the warrant. They can magnify the return, but always check the fundamentals. Generally junior mining company warrants don’t trade on the exchanges.
Join Jamie’s webinar private placement webinar on August 4, 2021. Just click here...
Is 2021 the end of the financial bubble, will it complete shortly? The bubble usually happens 9-10 years after a commodity super-cycle bubble. Previous great financial manias peaked in May or June. In January margin debt growth hit a peak that put the market peak in May. Lumber peaked in June. The US Dollar turned up and built a base during 6 months once it crossed 91 on the DXY. This week it passed 93 and the uptrend is in tact. Which confirms the financial contract that’s coming soon. Gold to silver ratio has recently gone up, sign of a contraction.
Now we’re seeing the market twilight coming in August. Crypto market gains have been amazing. The party in financial assets is over and here comes the deflation.
Gold and the US Dollar will both go up. Financial crisis coming, metals up stocks down. As early as November. Multi-year bull market in precious metals. Credit meltdown coming. Get your credit now. The supply chain disruption is the result of the bubble, not a certain widespread illness. What is really going on is the final upthrust of business activity that’s triggering shortages prior to the financial crisis.
Food and supply chain disruptions are taking place around the globe. What is really causing the supply chain disruptions taking place. The mainstream has been pushing the meme, but is it true? Is it perhaps a cover for the financial breakdown that was already taking place. Any system encounters entropy and eventually breaks down. Things decay and fail. Perhaps that’s what’s going on in the global economic system.
We’re in a metals bull market, but as always it will climb on a wall of worry. Don’t be dissuaded by the paper price. The metals decline will be short-lived.
Beware of cryptos. David prefers asset backed coins to unbacked. What is the government going to do when it becomes a threat the system and the elites? Look for massive regulation of the crypto space.
Look for David at www.TheMorganReport.com. Write us an email at kl@kerrylutz.com
We had the honor of sitting down with the newly "semi-retired" Rick Rule to get his latest takes on the economy, technology, and of course the mining sector. He sees the state of the real economy as showing surprising underlying strength, some of it false and much of it due to technology, which effectively reduces capital requirements. The pace of technological change and implementation keeps increasing.
Bond market and consumer spending are two areas that are largely artificial. However, the underlying strength in frontier markets, such as Africa, is leading the way. But it's not all rainbows and unicorns. Rick thinks we’re overdue for a day of reckoning, or just a reversion to mean. He suspects that the economy's growth since 2008 is more due to stimulus than real economic growth factors.
What will happen if the US Treasury reverts to mean? 6% rates would have a devastating impact upon the Pandemic Recovery - real or imagined. Why in this environment aren't metals going through the roof? Rick believes that people are extremely complacent and believe that things will only get better. Can we really stick-handle our way through any rough spots? Perhaps not. Rick thinks the precious metals markets are just going through their normal gyrations, especially when compared to prior bull markets. The current malaise was triggered by the Fed backing off yield management, but that appears to be over, for now anyway.
Stock prices in the mining sector look very weak, is this a major buying opportunity? Rick reviews the Barrons Gold Mining Index and advises that it’s very instructive and there’s nothing surprising going on here. Of 2000 junior mining companies, only 300 are viable. Keep your portfolio in the sector down to a manageable risk.
The mid-market on an npv value is the biggest buy now. The fundamentals behind higher metal prices are in tact and the gold price will go higher, and he doesn’t see any reason to change that opinion. PM bull markets are decade long affairs. Gold could go to 5000-6000 per ounce, it’s certainly possible. In addition, a bull-market in base metals is baked in the cake.
You need to prepare yourself for what is inevitable. The industry has brought on many of its own problems, politically, enironmentally and financially. Investors have taken a hike. It’s always going to be messy.
Heather Dreves is the Director of Funding at Secured Investment Corp and a fund manager that oversees the management of the Secured Investment High Yield Fund II LLC and the Circle of Wealth Fund III LLC,Secured Investment Corp is one of the fastest growing real estate lenders and fund managers in the US. Secured Investment Corp has created two private equity funds to fill the void left by uncooperative traditional funding sources. Investors have the potential to earn double-digit returns based on past performance. By connecting real estate investors who needed non-traditional funding with passive investors who were ready to earn higher returns on their investments, Secured Investment Corp created an opportunity to benefit both sides.
Risks are held extremely low, by limiting loan-to-value ratios to 70 percent of property value. Their market are developers, rehabbers and flippers among others. But requiring a high level of skin in the game, Secured has seen default levels of less than 2 percent annually, with very minimal loan losses.
Passive investors get higher returns and real estate investors get quick, competitive loans to use to purchase and rehab those properties that traditional lenders will not touch.
Heather enjoys lending money to self-employed entrepreneurs and their families. Watching people succeed in their business motivates her, and that’s why she and her lending team focus on transparency, mentorship, and making sure their people make their money back. She learned early on that focusing on the bottom line was not enough to sustain a business, and after foreclosures and property taxes caught up with many of her clients, she decided to change her approach. Now, seminars, classes, and success and accountability programs are all ways Heather and Secured Investment Corp are ensuring that their clients earn all their money back (and then some).
Silver One Resources (sponsor) CEO Greg Crowe joined us for an update. Concerning the recent decline in metals prices, he’s unfazed. Greg has been around the sector for decades and this is what he’s come to expect. It’s just the way the markets work. And, Greg and his team have been working overtime at their Candalaria Project. When we visited the Nevada mine in 2019, we were extremely impressed with the scale and scope of the project. It had been a high-grade producing silver mine for decades, until declining metals prices made it uneconomical to operate. Those days are soon to be over. Greg had several goals in his efforts to reactivate the project. 1) Extend down dip for high-grade. 2) Extend both east and west along strike of the large Diablo Pit. 3) Find a porphyry system at depth. The first two goals were accomplished earlier this year. Greg informed us that the third goal has now been achieved. The last holes yielded 1070 g/t of silver and 1.48 g/t of gold over 4.57 meters. And deep drilling to the north is showing all the signs of a potential porphyry system, apparently open to depth. The news couldn’t be better. As Greg stated, “…all goals laid out at the outset have been met.” The upcoming economic study will focus on taking material from the abandoned heap-leach pads and mixing it with fresh mineralization, which should increase the overall grade of silver recoveries. This will hasten the Candalaria’s eventual restart. Silver One’s recent news has set in motion the mine’s reactivation with resulting profits to patient shareholders (like us).
Website: www.SilverOne.com
Tickers: OTCQX: SLVRF - TSX-V: SVE - FSE: BRK1
New home sales and lumber prices both down, is housing cooling off? Home price were rising at the fastest rate ever. Housing is beyond the means of most Americans. New home sales down 6%. Inventory is spiking and lumber is tanking, wiping out all its 2021 gains.
How big a deal is the end of the eviction moratorium? Extended emergency unemployment insurance is ending in September. Perhaps it will send a lot of people back to work.
Anti-vax protests worldwide while US considers a new mask mandate. Will people just ignore it? The LA County Sheriff has refused to enforce the latest mask mandate. If he won’t enforce it, who will?
Earnings season doesn't matter for most stocks but might be helpful for the precious metals miners. Upside earnings have been baked into not just this year’s cake but next year and the year’s after. Good time coming for juniors and pm’s.
Biden's mental state finally drawing attention. His poll numbers are falling. The media just figured it out.
Bitcoin confab between Musk and Dorsey. Amazon might be about to start taking Bitcoin. A lot of potential acceptance appears to be taking place among high-power corps and money managers. Will the Fed react?
Strange Weather Patterns and China Flooding, monster heatwave on the West Coast. Forest fires burning most of the West.
The Delta Variant could be running rampant. Will there be more shutdowns and what effect will it have on the global economy. Noted economic and financial Octavio Marenzi gives us his take on what's happening and what he believes is going to happen. What do you think? Let us know, send an email to kl@kerrylutz.com.
Charlotte is the Managing Partner of Johns Creek Capital – an investment managing company that focuses on mobile home park investments.
Numbers wise, they currently have 20 park investments, with a total investor subscription amount over $3.9M. Charlotte herself has also created over $500k in asset value in the past 12 months.
Charlotte really comes from humble beginnings and is a first-generation American citizen and college graduate after leaving China with just her belongings at age 16.
Some topics Charlotte could touch on during the podcast include:
- How moving to America at a young age with minimal goods and starting her life independently helped change her outlook on success.
- The benefits of lots compared to houses, and how they offer more room for investment opportunities like raising rent.
- How to get started investing in mobile home parks and build long-term passive income.
The markets were slammed on Monday but have totally rebounded. Rates have been crashing, however Jim believes that they’re going higher in the next 3-6 months. How much higher is the question. If the economy continues its growth track, the Fed will allow them to go higher. The 10 year would have to get close to 2.5% for the Fed to start buying up treasuries. Watch out for 3.5% inflation in the coming year. Markets will start doubting Powell’s transitory inflation meme. Wall Street will always toe the Fed’s line, this time is no exception. The next month is critical for gold and gold stocks.
Now that the public health challenges are behind us it’s time to make a new start. You can reinvent and restart your life any day you choose to. If things aren’t working right, change your strategy and change your life. Things are happening for a reason. Failure is the greatest teacher we have. Self-affirmations can be life changing. Life is a challenge, adapt and grow and succeed.
Todd Bubba joined us for a discussion of the economy and the stock market. He believes it’s going to go down eventually, but who knows when? Everything is messed up thanks to the Fed. And they have no way out. Don’t be deceived by transitory or temporary inflation, it’s here to stay for the foreseeable future. Todd tells us that Pot stocks are looking good. They key event will occur when the Federal Government legalizes it. Cryptos will eventually rule the day, but how we get there is the question.
The definition of inflation, the dollar is losing purchasing power. The question is it temporary or part of a longer term trend, which Gary and I believe to be true. The Fed’s balance sheet is at $8 trillion. The debt is at $30 trillion. Yellen is begging for a debt ceiling increase. Will the US default? Not gonna happen. Fed Chair Powell acknowledged that inflation is higher than expected, we’re on an unsustainable path and there’s good reason for alarm. Therefore, the case for gold becomes more compelling by the day. Today the 10 year yield went down and so did gold, a true anomaly. Federal funds rate hasn’t moved all year and probably won’t until 2023. Where’s the taper, Powell says it’s not gonna happen.
Dow Down 765, we’ve been due for a correction since March 2020. Shortest time in history where the market doubled.
Technology has brought about a huge evolution. Spreads have diminished. Everything is digitized. High frequency traders have changed the game. It’s made commissions free and has saved investors money. It’s an unsolvable puzzle. If the SEC reverses this policy is could have negative effects. Buy blue chips to hold for the long-run. Gil is a big proponent of ETF’s. Avoiding commingled accounting and annual gains involved with traditional mutual funds is a major benefit. That combined with estate planning benefits can make a huge difference in estate taxes.
There's a global energy transformation currently underway and carbon neutral clean (smelter-free) nickel is crucial to this revolution. However, it’s exceedling scarce, unless you know where to find it. President and CEO Martin Turenne has already a lot of it, potentially billions of pounds.
His company FPX Nickel (sponsor) has an ambitious exploration and drill program underway in two projects located in the Deckar Nickel District (British Columbia). The Baptiste Project is the world’s third largest undeveloped nickel deposit, but the Van Project could easily dwarf it. The company is drilling to ascertain the exact magnitude of the deposit; Martin is convinced it’s huge. Presently, the market hasn’t yet factored in Van’s vast potential value. When it does, FPX will see a dramatic upward revaluation.
Martin observed that nickel and copper generally trade at a 2.5:1 ratio. It's now at 2:1, indicating that nickel is relatively undervalued. Considering that copper is trading near its all-time high, whereas nickel is trading for little more than 1/3 its 2011 record peak, nickel presents an interesting opportunity. With spot nickel at 8.42 per pound, there’s plenty of upside potential, and with FPX trading well under its less environmentally sensitive peers, it’s poised for major stock price appreciation.
Company website www.fpxnickel.com - Tickers: OTC: FPOCF - TSX-V: FPX
2022 Economic forecast
Government spending has been out of control for over a decade. Naresh is extremely optimistic that when it comes to jobs, GDP and increased economic opportunity. He’s sees the recovery being led by jobs and a rise in wages, for the first time in decades. For example Chipoltle has seen wages rise dramatically, with a starting salary of $14-15 per hour. Even McDonalds has upped their starting wages substantially. And this is across the board. Anyone who wants a job or is looking to change jobs.
What is transitory inflation and why should you care? Naresh believes it's coming down, we believe its going higher still. Who will be right or perhaps we both will.
Crypto investors, wait for the shake-out. Most are worthless the top tier will live to fight another day.
Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has learned.
The bank is shutting down all existing personal lines of credit in coming weeks and no longer offers the product, according to customer letters reviewed by CNBC.
The revolving credit lines, which typically let users borrow $3,000 to $100,000, were pitched as a way to consolidate higher-interest credit card debt, pay for home renovations or avoid overdraft fees on linked checking accounts.
"Wells Fargo recently reviewed its product offerings and decided to discontinue offering new Personal and Portfolio line of credit accounts and close all existing accounts," the bank said in the six-page letter. The move would let the bank focus on credit cards and personal loans, it said.
Wells Fargo CEO Charles Scharf has been forced to make difficult decisions during the coronavirus pandemic, offloading assets and deposits and stepping back from some products because of limitations imposed by the Federal Reserve. In 2018, the Fed barred Wells Fargo from growing its balance sheet until it fixes compliance shortcomings revealed by the bank's fake accounts scandal.
The asset cap has ultimately cost the bank billions of dollars in lost earnings, based on the balance sheet growth of rivals including JPMorgan Chase and Bank of America over the past three years, analysts have said.
It has also affected Wells Fargo's customers: Last year, the lender told staff it was halting all new home equity lines of credit, CNBC reported. Months later, the bank also withdrew from a segment of the auto lending business.
With its latest move, Wells Fargo warned customers that the account closures "may have an impact on your credit score," according to a frequently asked questions segment of the letter.
Another part of the FAQ asserted that the account closures couldn't be reviewed or reversed: "We apologize for the inconvenience this Line of Credit closure will cause," the bank said. "The account closure is final."
Simplify offerings
Wells Fargo didn't directly answer questions as to what role, if any, the Fed asset cap played in its latest move.
The bank gave this statement: "In an effort to simplify our product offerings, we've made the decision to no longer offer personal lines of credit as we feel we can better meet the borrowing needs of our customers through credit card and personal loan products."
Customers have been given a 60-day notice that their accounts will be shuttered, and remaining balances will require regular minimum payments at a fixed rate, according to the statement. When it was offered, the credit lines had variable interest rates ranging from 9.5% to 21%.
The move is a strange one given the banking industry's need to boost loan growth.
After a burst of commercial lending during the early days of the pandemic, loan growth has been hard to muster. Corporations have used money raised in stock and debt issuance to retire bank credit lines, and consumers stuck at home had fewer reasons to use credit cards.
In fact, last year big banks experienced the first aggregate drop in loans in more than a decade, according to Barclays bank analyst Jason Goldberg. Of the four largest U.S. banks, Wells Fargo saw the worst decline.
After banks saw that borrowers held up far better than they had initially feared, the industry recently began marketing new credit cards with large sign-on bonuses in an effort to boost lending.
Making the switch
Wells Fargo doesn't disclose how many customers used the credit lines it is eliminating. It had $24.9 billion in loans in a category called "other consumer" as of March, which was 26% lower than the year-earlier period.
One customer said the change is prompting him to switch banks after more than a decade with Wells Fargo. Tim Tomassi, a Portland, Oregon, programmer, said he used a personal line of credit linked to his checking account to avoid expensive overdraft fees.
"It's a bit upsetting," Tomassi said in a phone interview. "They're a big bank, and I'm a small person, and it feels like they're making decisions for their bottom line and not for customers. A lot of people are in my position, they need a cushion every once in a while from a line of credit."
Stephanie is a real estate investor and CEO of Erbe Wealth – an investment management company focused on helping clients generate passive income. Over the past 4-years, she has acquired over $21M worth of real estate properties.
Stephanie’s passion is teaching people to “unlearn” what most of us have been wired to think about money and she re-educates people to learn the secrets of the wealthy investor that can be life transforming.
Some topics Stephanie could touch on during the podcast include:
- Best practices on real-estate investing and unlearning what you know about money and common myths.
- What the wealthy do differently regarding money and their investments.
- Stephanie’s story - leaving her W-2 job behind and becoming an entrepreneur in 2006
- Reasons to not put your money in a 401K and what to do instead
It happened, Basel III kicked in and so far nothing has happened. Rob was never taken in by the hoopla. Under no circumstances can it be a game changer. The entities who control the market have been granted exemptions or have been grand-fathered in. Funny how that works. The debt creation continues on at accelerating rates and yet the appetite for it continues unabated. Where are the bond vigilantes when you need them? They used to exist, but they are now extinct, thanks to the plunge protection team.
Wells Fargo closes personal credit lines, implies they are worried about something. They’re even eliminating overdraft protection on checking accounts.
$100 cheeseburger has arrived. Restaurants are imposing customer minimums or table minimums. Is that really wise? Are they so busy they can raise prices and not worry about empty tables.
Everyone is putting in pools, it’s a form of prepping. If there’s another lockdown, at least you’ll get your exercise. It’s part of the trend of housing upgrades. Housing prices are up so much that maybe they’re using home equity lines. An unproductive exercise.
Tucker Carlson being surveilled by NSA, he’s been under surveillance to set up an interview with Vladimir Putin. These communications were subsequently unmasked and were in the process of leaking it to other news outlets to smear him. They’re watching everyone, one way or the other. Then they ship it off to the justice department for criminal prosecution.
Haitian president assassinated. Is there a US connection? Nothing to see here, move along.
US is out of Afghanistan, finally. What was accomplished?
Biden admin is going door to door for vaccinations. Sounds unconstitutional to us, but what do we know?
Inflation might not be transitory. It’s not the inflation of the 1970’s, it’s causes are different. Messed up global supply chain. Massive amounts of currency created and continues to be created. WSJ says boomers retirement is inflationary. Flies in the face of traditional demographics.
Nothing has changed. If you’ve followed precious metals for years as had Andy, there’s nothing new hear. Wealthy investors, sovereign wealth funds and others has been taking metal off the Comex at record rates. Don’t expect the markets to move in logical fashion. The markets are being manipulated to distract, deflect and deceive. Deliveries are accelerating at a rapid rate. Right now you’re being subsidized to buy metals. Hang on, turn off your computer if you must and sit back. Pricing is the key means of deception to keep attention off the real story. Basel III is going to have a profound effect. The UK has gotten a temporary reprieve concerning futures and physical settlement. The final chapter has not yet been written. We may see a time where London no longer sets the gold price. Eventually price will take of itself. Ultimately, it will go much higher.
We’ve come across an interesting newly public company, American Eagle Gold (sponsor), that is focused on finding a major gold deposit on its flagship property, Golden Trend in Nevada. The property is located on the famed Cortez Trend, close by to Barrick Gold and Newmont Mining’s Gold Rush and Cortez mines. To date, those mines have produced over 27 million ounces. CEO Tony Moreau says it’s all about, “location, location, location. This project is like having a house on the lake.” And who better than Mark Bradley, (VP of Exploration) to find the proverbial needle in a haystack? He did it before when he led the Gold Rush discovery team and he knows more about this area than almost anyone. Mark observed that Gold Trend’s geology is a near mirror image of Gold Rush. Now it’s a matter of triangulation, finding the best targets and getting the drill turning. The permitting process starts next month; drilling is expected in the fourth quarter. They’re also focused on acquiring and advancing other gold projects in the area. As investors in AE we believe that lightening will indeed strike twice. 30% owned by Ore Group Website: americaneaglegold.ca/ - Ticker TSXV: AE
What’s bewildering is that all traditional positive measures are proving irrelevant. Plunging real interest rates haven’t had an effect. Skyrockecting inflation nothing. Yields dropping, nothing. What will it take? We’re now at 1.3% on the 10 year and the real rate is minus 3.7%. All this transitory crap and yield curve control is in full bloom. Fed jawboning, inflation is temporary. Reverse repo market is flooded with reserve. The system is bulging with excess reserves. Too much cash and not enough places to put it. There’s so much cash, it has to go someplace and they took a 5 basis point return. Almost $1 trillion floating around the system. It’s a liquidity sapping event.
Basel 3, it’s happening but it’s a process. June 28 was an important date, but it was important. All the European Banks had to change their accounting for gold. However, Craig says the big is 1/1/22, when Basel 3 affects LBMA. Banks have been adjusting along the way.
Michael Moor studied Management and Finance at Rensselaer Polytechnic Institute (RPI) in order to get a more technical financial background. After starting with Citigroup, he moved on to be a Trader's Assistant for Chicago Research & Trading (CRT) on the trading floor of the NYMEX, working with futures and options pit traders. He developed a reputation for consistently making large directional calls in the markets, and started Moor Analytics at the request of two Natural Gas and Crude Oil option traders. This grew to encompass over 1/4 the NYMEX membership as clients, and was the #1 large-call published analyst on the NYMEX for over 10 years until he moved the business off the floor. He has since also included European energies and Gold, and currently has proprietary traders, hedge funds, and oil companies as clientele.
Michael is following energy, gold and bitcoin and shares his insights with us. Michael was bullish on crude oil since it hit $15. He was also following unleaded gasoline. He’s looking for massive upside potential on crude. He’s seeing $110 maximum upside on crude. We’re probably in a bearish correction for crude. Michael has been very macro bullish gold, we have not yet erased the macro-bullish trend in gold. Short term gold is bullish. We could have another run to the 1830-1834 area or as high as 1854-1855. If it takes out 1900-1910 that could mean a new high. Bitcoin is very technical and they apply to it like any other market.
Kevin Drover CEO and President of our sponsor Aurcana Silver came by for an update on the high-grade Revenue Virginius mine. Last year he assured us that silver production would commence summer of 2021 and he’s about to deliver.
Kevin is a no hype leader who does everything in his power to deliver, pandemic or not. He’s so committed that he moved to Colorado to personally oversee the mine’s opening. And it worked. Metal should be going through the mill later this month. The first concentrate will be produced by August.
The best news yet, the ore from the first cross-cut is even richer than anticipated. While 36 oz per ton was expected, they got 39 oz. per ton The vein width was thought to be 1.6 feet, but the first cut was 2.5 foot. Full mill capacity of 270 tons per day should happen in September, along with the resulting positive cash flow. And then it’s on to the Texas Shafter Mine and once that starts production in a couple of year, all bets are off. (We own shares in Aurcana)
Go to Aurcana.com to get the latest updates. Ticker symbol on the AUN for Canadians and for US investors it’sl AUNFF.
We followed up with Ivan Bebek and Peter Dembicki on Tier One Silver (sponsor). A lot’s been happening in Peru and with the Curibaya Project, so an update was due. Dembicki explained that they expanded Curibaya’s total land package by 50 percent. Its prospects for success have also gone up dramatically and Co-Chair Bebek explained why.
The “Jewelry Box,” bonanza grades of surface silver/gold have been impressive, with over 164 samples of 200+ g/t silver and 60 samples 2 g/t gold in 3 principal vein corridors. There have been 81 samples of over 500 g/t silver and 60 samples of 2+ g/t gold as well. With a fully funded 10,000 meter drill program under way, it’s a wonder that the team gets any sleep at all. They're starting believe that this system appears to be far larger than even they expected.
The recent election saw a populist candidate take the Peruvian presidency, but Bebek is mostly unconcerned. Taxes were going up anyway, not just in Peru, but around the globe. The president-elect understands that mining is the backbone of Peru’s economy and has appointed ministers who are consistent with that belief.
When asked about current share valuation, Co-Chair Bebek stated that the present price could be a great entry point, especially in light of how encouraging the first drill hole has been. He explained that it's taking longer to complete, which is a sure sign that mineralization runs deep. With all this going for it, Tier One Silver appears close to a major success in its world-class treasure hunt.
Website: www.TierOneSilver.com TSX.V - TSLV
We spoke with sponsor Trillion Energy CEO Art Halleran. He just announced plans to accelerate natural gas production in the SASB Field and expects gas to start flowing in late Q4. This is a major breakthrough for the company. It has large proven Black Sea gas reserves and has been working on a major financing to get it all into production. Covid-induced relays have occurred. Undeterred, Art has come up with a plan to get cash flowing to the tune of $1-$2 million dollars per month, with the lowest possible capex. By drilling from existing platforms, costs are dramatically reduced, as are production times. The larger deeper wells will be drilled shortly after completion of the larger financing.
Art is doing this through a combination of financing mechanisms: including internal cash, warrant exceleration and royalty sales. While it hasn’t been an easy ride by any strectch, Art gives us his three key factors in making SASB a reality, in his own words, “Persistence, persistence, persistence.”
And that’s exactly what he’s done throughout his 4 year tenure at Trillion. To conserve cash, he’s accepted a reduced salary paid in company stock and he’s implemented a number of other cash conservation policies. Now, he’s closer than ever to commencing drilling in the gas-rich SASB fields and seeing production begin in Q4. Persistence does indeed pay off. Shareholders should see the benefits shortly. (We own shares in TCF)
Todd Toback is training others in the real estate industry, especially in wholesaling. His No Limits Sales System focuses on the 3 Pillars of making it BIG: acquiring property directly from sellers while learning the mindset, skills, and habits to make it happen. He's teaching others how to play the long and short term game in real estate, ultimately changing their lives forever.
Ed Karr successful professional investor says always be humble. Be happy to pay taxes on your winnings. Losses aren’t taxable. Everyone misses opportunities when looking in the rearview mirror. In 2009 Ed had a tip on Bitcoin and blockchain. He purchased his first Bitcoin at less than $20 and sold it at 10x later for a stupendous profit, as it went to $65000. Ed admits that at times he’s taken profits too quickly. In 2004 Ed helped finance a Canadian Uranium producer that went sky high. He sold everything and the stock doubled again, but he still made a lot money. Trying to buy at the low and sell at the high is hard. Look at the company, is it the right structure at the right time? US Gold Corp is exactly the kind of company Ed is talking about. 7mm shares with a very small float. And it’s listed on the NASDAQ and highly liquid. And it’s got a great asset, the CK Gold project with a PEA and an upcoming PFS. And an amazing CEO - George Bee. $11 per share and $77 million market cap, with major assets on the books, means this could be a big winner. Know what you know and know what you don’t know and get the experts who do.
Stock markets were mixed in June: Dow was flat at 34503, S&P 500 added 2.3%, Nasdaq was up a huge 5.5%, Russell 2000 up 1.9%, TSX added 3.3% TSX.V up 2.2%. VIX down to a stable 15.65. Dollar reversed course and was up up an impressive 2.8% to 92.35 and Euro was down 3%. 10 Year is yielding 1.45%. Bitcoin was down another 5.3%. Gold was slammed 7.29% to 1770. Silver was off 7% to 26.10. Pt down a massive 9.8%. Pd was off slightly .6% for the month to 2712. Copper corrected 8% to $4.24, after hitting a 10 year high in May. Oil was up big, WTI up 10.8% to 73.47. Brent up 7.9% to 75.13. Natgas shot up another 22.1% to 3.65. Uranium rose 3.3% to $32.33, extending the up trend. Ratios: Au:Ag normalizing at 67.8, Pt:Au .60, Pt:Pd .39 (going lower still) BRT:WTI 1.02, WTI:HH 20.1 and AU:WTI 24.1, getting back to it's historic levels.
The more you can control your desires, the more you can control your financial life. Remote work opportunities give you the opportunity to live in lower cost areas and thereby improve your living standard and your ability to save. Good reliable talented people are harder than ever to find. And that means opportunity for people with a great work ethic and a desire to succeed. States that don’t levy an income tax can provide greater opportunities than other high tax states. Low/no tax states are seeing amazing growth and high job opportunities. Time to take ownership and responsiblity for your life, regardless what the government says or does. It’s the only route to long-term success. Jeff is a low-risk person. He’s invested in instruments based upon his needs, taking the least amount of risk to cover his needs. Zero interest rates are a real challenge to that effort. Energy, utilities, staples and other essentials are a good safe place to be. 25-75% in equities, using Benjamin Graham’s rule of thumb.
We sat down with Pat Varas CEO of Norden Crown Metals (sponsor). He just completed a financing. We wanted to connect with him to see where the company is heading. (We are shareholders)
Pat is optimistic about the world-class Gumsberg VMS project in the Bergslagen district. Norden Crown is focused on advancement of the multiple mineralized trends there. The project looks to be rich in zinc and silver. The application of modern mining techniques to this under-explored area will bring major results. It’s a broken hill type deposit, which means the deposit could be quite substantial. Since the 1200's, the area has had a long mining, prior to any uses for zinc. For theses reasons Pat says, “The prospectivity [is] fantastic.”
In Norway Norden is joint venturing on a very promising copper project. Due to the world’s quest for expanded electrification, increased copper demand is virtually assured, a major plus for the company.
Zinc is also a metal in tune with the electrification theme. Great progress been made in zinc-air battery development. It could eventually rival lithium, especially for large-scale storage batteries that will hold many mega-watts of electricity.
As it happens, Scandanavia has a rich history of mining and their rules are quite favorable. The permit procedures in place allow an applicant to obtain permits in as little as 6 weeks. Infrastructure is high quality and there’s a sense of certainty in dealing with these countries, you just need to rigorously follow the rules.
He expects to embark on an ambitious drill program this summer and is currently sourcing drilling equipment and expects a quick start.
Pat has positioned Norden to Crown to take advantage of favorable metals market trends and lead the company forward to success.
Company website: www.nordencrownmetals.com Tickers: TSXV:NOCR - OTC:NOCRD - FRA:03E
What is The Investor Protector? Forty years of work and a lifetime of savings. Many of us strive for these goals when we retire. No one can steal the years, but the money? The savings you earned to spend time with loved ones and live comfortably on your terms? Your savings could be gone instantly with one innocent error: trusting the wrong person to invest your money. It wasn’t until David Meyer took on his first investment fraud case at twenty-eight that he truly understood the decimation caused by devious financial advisors. After winning a record-breaking jury verdict, David has been battling fraudulent financial advisors for more than two decades. Now, in The Investor Protector, he shares the stories of good people enduring unthinkable loss. These are stories of hard-earned success, unbelievable deceit, and avenging triumph. You’ll learn not only how David has helped his clients regain their savings and peace of mind, but what you can do to protect yourself—and those you love—so the future looks as bright as you planned it.
For more info go to www.InvestorClaims.com.
Frank Bashore joined from ABR First Capital LLC, lends to small businesses working on Federal Government Contracts. There’s none of the traditional loan qualification process, it’s based strictly on invoices sent out for payment.
They raise capital from individuals, accredited and non-accredited investors. They’ve filed with the SEC and have their regulatory ducks in a row. They are offering a 10 percent return to investors who put money in their company. They also fund city, state and federal contracts. There’s no write-offs on government contracts, even in the case of bankruptcy. Frank’s been in the business for over 20 years. Banks typically run the other way when it comes to small business. He saw what a great business it was and branched out on his own. Call him 833-845-4644. Cell number 915-478-2438.
Crosscurrents everywhere, nothing is clear. Is inflation really receding? 1970’s all over again. A lot of it was driven by commodity price inflation. We’re still going to see big inflation for years.
— Inflation high but commodity price trends moderating (lumber, grains, some metals down in the past couple of months). Fed says don't worry, everything will even out. BofA says 4 years of hyperinflation.
— GDP growth is pretty high but jobs are disappointing and home sales falling. Are we overheating or rolling over?
— Unemployment benefits running out and employment rising in states cancelled that cancelled the bonus benefits. The states that got rid of extended unemployment benefits first are seeing the strongest employment growth.
— Covid lockdowns ending but new variant causing trouble in other parts of the world. Is it over or is some new phase starting? Reporter writes about seeing families out shopping maskless, says it's like being in a horror movie.
— Miami Beach Condo Collapse, an excuse for CNN to shift from Covid to climate change. How convenient.
— Wuhan Lab theory is back in vogue. A lot of info points to the non-natural origins of the Covid 19 virus.
— Gold prices took a hit. Just a case of sell in May and go away? Mining stocks are down while the metals aren’t moving much.
Master of change and all around good person Robert Ian joined us after a long hiatus. Robert did a weekly commentary for Goldseek Radio from 2007 to 2020 that was followed by thousands. We discuss the the pandemic and how people's lives have forever changed. More importantly we discussed actions that individuals need to take to move ahead with their lives in the "new" normal. It was great to have Robert back on the show.
Jordan was unfazed by the recent decline in gold. He was looking for a pullback, although not to the extent of the recent decline. Silver had been leading but failed to breakout which was a sign of a decline. Jordan says we’ve been building a bullish cup and handle pattern and it continues unabated. It’s still in a super-bullish trend that will take time to build. How much longer is anyone’s guess. Jordan thinks we’re at least half way through this consolidation. It’s very frustrating because gold didn’t hold near its high. The recent decline defies comparison to other historic declines. Could this be a repeat of March 2020? Bob Hoye nailed the decline.
At least precious metals haven’t been slammed like cryptos with an over 50 percent decline from recent highs. It was reminiscent of the dot com bust. Bitcoin could be dead money for several years. People are going to realize cryptos are not a replacement for precious metals. Bitcoin has performed the best when the stock market has trended much higher. Bitcoin has been lagging gold through several cycles.
Rich’s firm was founded during the 2008 financial collapse. He remembers it well along with a number of other crashes and bear markets over the years. He’s all about protecting wealth and helping investors keep their hard won gains. While you may do well in the long run just staying the course, investors have difficulties watching their losses pile up. Rich says that new programs available to investors, you can get downside protection without sacrificing the majority of the upside. At the end of the day, you give up very little upside.
Quit thinking about normal, think about life. You need to think differently or you’ll be stuck in the past. How it used to be is of no concern. Those who figure it out are going to be on easy street. Do you see opportunities or are you a victim of circumstances? Don’t spend time on conspiracy theories, you can’t do anything about it anyway. It’s time to move on. If your business went south, it’s time to put it behind you and get on with it. There are new rules. The saddest thing is that there are 330 million people constrained by new rules and regulations. Governments are hindering the gig economy but cannot stop it. We’re going to see lots more regs for the purposes of tracking people and their income. Corona really drove globalization. All over the world. Make it easier for your customers to do business with you. Avoid friction to maximize sales and revenue.
Zack went from washing windows to generating true wealth in real estate. Don’t get this wrong, he had a successful window washing business, but real estate is much better. He was a successful youtuber teaching people how to properly wash windows. However he was living paycheck to paycheck and had no net worth. He was inspired by Robert Kyasaki’s Rich Dad Poor Dad book. In 2012 he was pre-approved for a $70,000 loan and bought a $55,000 duplex and did sweat equity to rehad it. He rented out half and lived in the other half. He was in his early 20’s at the time. He wanted to do more. He then learned about wholesaling. As a window cleaner, he didn’t have a solid balance sheet. He found off-market distressed properties, a business model which required little or no cash. His first deal netted $10,000 profit. He’s made over $800,000 in fees. He made $93k in Florida, starting with just $1000. The goal was just $40,000, so he more than doubled it. Now he’s on a mission. He wanted to show people that anyone could do it. He started doing driving for dollars, riding around his neighborhood looking for houses that were suffering from physical neglect.
James Stroud, the father of the Stealth crypto currency joined us for a discussion of Bitcoin and cryptos. We discussed the Bitcoin cycles and James attributes much of Bitcoin's recent losses to it's most recent halving, the process whereby production of new Bitcoins is decreased by 50 percent. All its prior declines have been followed by similar crashes. He's not sure that 65000 was the ultimate high from which it will crash.
He developed Stealth for rapid transactions, enhanced privacy and energy efficiency, exactly what Elon Musk is looking for. Let's see if it replaces Dogecoin as Musk's favorite crypto.
The “old” Normal was fun, but how fun was it really. The commute was a killer and took its toll on the family. We were all working harder and making less. Time was at a premium and so was spending time with your family. The focus on consumption was all enveloping. We now defend on many other countries for vital resources. Off-shoring had many destructive impacts upon our economy and your health. Unhealthy food is highly profitable. Now we can start eating real food. Local communities are encouraging local food production. Detroit is leading the way of urban healthy food production.
The pandemic has shone a light on what was really happening to your health. Sick (health) care has been exposed for what it really is. Big pharma is going to take a hit. Now it’s no longer a matter of you being a captive big-pharma consumer, till death do you part.
Same with lousy high-stress jobs. Another contributor to bad health and misery. It’s a net plus for the gig economy and the alternate economy From the 1970’s to the present $50 trillion transferred from labor to capital. Built-in obsolence could well be coming to an end. Witness Tesla and Apple. Appliances go bad in a few years, where they used to last decades. It’s an erosion of quality and durability. The global supply chain will never go back to normal, and that’s a good thing.
Hopefully government regulations will foster in the new normal. Things like battery recycling and resource are the future. Growth doesn’t have to come from waste.
What’s next for Charles, a labor backed crypto?
I missed an important anniversary, FSN's 10th! Hard to believe I've been doing this for 10 years now, over 7000 episodes later. Not many podcasters have been around as long as I have and fewer still have done that many shows. I only have you to thank. It's been an amazing ride, with amazing friends, some of whom I consider among my closest. I have met so many people that I would have never come into contact with in my old life. It has been an amazing decade and I'm not about to slow down now. In fact, I'm going to pick up the pace and improve the show. There's nothing else in the world I'd rather be doing than this. Special thanks to my producer Melissa for being there all these years. Here's to the next 10 years!
Justin Huhn runs Uranium Insider and a new guest. He’s looking for a new bull market in Uranium. Since Sprott has taken over the Uranium Participation Corporation, spot deliveries will now have to take place in a much shorter time frame, whereas they used to take place in a 12 month time period. This should have very bullish consequences. Uranium prices must double to make many producers economically viable again. New York State aside, demand will increase as will nuclear power plant demand. Nuclear power is the safest form of energy ever produced. The newest generation of small modular nuclear power plants are virtually foolproof. Nuclear energy is also the answer to carbon emissions. The green left is starting come around to embrace nuclear power and that’s a big positive surprise. 54 reactors are currently being built around the world, mostly in China. Over 400 projects are under active consideration. 2-4 years is the timetable, when things will really heat up, so better to be poised for the inevitable run up in prices.
Life is transitory. Inflation, not so much, contrary to what the Fed may say. The pandemic greatly boosted savings and now consumers want to spend it. The banks have huge reserves and eventually they’ll be boosting lending. Quanity of money and increased demand which will lead to higher prices. Hotel and AirBNB prices have escalated. Octavio is saying inflation is here to stay. The Fed is trying to manage inflationnary expectations with tepid reassurances. Can we afford to have interest rates in to 20’s like Paul Volker did in the 1980’s? Certainly the equities markets are going to tank. There’s fear in Jay Powell’s eyes. Do we need Federal Reserve Branch Banks anymore? What purpose do they really serve? Commodities, cryptos and gold/silver. Cryptos looked like a gold replacement until recently. The Fed has demonstrated a lot of antipathy towards competition/cryptos. Could be death by a thousand cuts. Gold has been underperforming with the lowest price increases over the past several years, but that could be about to change.
Mish is very upbeat on XRP, a/k/a Ripple. It’s got a number of investment uses and great tech applications. Mish likes being able to chart the cryptos and their buy patterns. Are cryptos just another Nifty 50 stock type boom? Should you HODL? Mish explains how to trade parabolic moves. Get in early on a chart signal and a strong fundamental argument. Keep risk minimal. Then as it goes parabolic, take profits on the up move. Once the public gets sucked in it’s already time to get out.
Just when you thought it was safe to swipe your credit card, Inflation has come roaring back. Paul Tudor Jones came out saying inflation is here to stay. It’s going to be a factor and a threat to fiat currency, especially because of Bitcoin. Mish’s take is that gold and silver are going to much higher in the near future. It’s going to follow commodities and could go parabolic. The gold to silver ratio has flipped. What will the Fed do? Raising rates will kill the economy, keeping them low will threaten the dollar. Where’s the growth going to come from? It’s gotta come from somewhere, but no one knows where right now.
Jobs picture improvement is slowing down. There have been two misses in a row. Jobs recovery is much slower than expected. It will take months to achieve the pre-pandemic. Gold and silver should see improvement as the economic numbers lag. Phil is expecting a rise over $30 but he’s not seeing it rising to new highs. He’s been buying March options utilizing calculated risk, taking a small risk for a large potential gain. He’s helping people actually take delivery on the Comex. He’s looking for corrections to then acquire and exercise to take delivery. Usually they get out of the contract the day before expiration. It’s a good way to acquire commodities at or near spot. Copper has been the best performing commodity during the pandemic, especially in light of recent supply disruptions. It’s all about China’s economic numbers. Phil believes that copper could well run into shortages, not to mention inflation reawakening. As long as there are supply chain disruptions, copper is at risk. Lumber prices are coming down, demand has already receding. Homebuilders were hedging their position earlier on to lock in profits. Make sure you subscribe to Blue Line Futures morning report. It’s a great overview of the economy and commodities.
There’s a new way for foreign entrepreneurs to obtain at least temporary residency in the US, the Start-up Visa. If you’re a foreign entrepreneur and have obtained investor backing, this program could be for you. As with everything having to do with immigration, the rules are complicated, but the intent is to attract foreign entrepreneurs to the United States and have them build successful businesses. This new program which was instituted by rulemaking authority could be a net positive to the country and certainly those taking advantage of it. It’s ashamed that Congress can’t get this done on its own, but so goes modern America and its failed politics.
George’s contribution to restoring normalcy is his Rebel Capitalist Live taking place in Miami. It’s happening on June 11-13. It’s great for people to be getting together and to connect fact-to-face. There’s something about meeting personally and looking them in the eye and talk one on one. The dystopian world is shaping up before our very eyes. What is wealth? It’s not what’s in your bank account, which is simply a bank’s liablity. Currency units do not equal wealth, otherwise Venezuela would be one of the wealthiest countries in history. It’s all about what money or currency can buy. We can see the damage that stimulus and government have inflicted. Will it create an environment where more goods and services are created and sold, or less? They’ve created a major labor shortage because people are staying home and getting paid more for doing nothing. Over the long run does this create wealth? Obviously the answer is no. Which means higher consumer prices making people poorer in the long run.
Our next guest is someone you’re probably familiar. He started life in the polio ward at Belview hosp in NY. Became a courrier for mob boss Frank Costello, had a hot torrid affair with Marilyn Monroe, a close personal friendship with Frank Sinatora, knew the Kennedys and has kept popping in history much like Forest Gump, whenever something major was happening. But you probably know him best as Carlo Rizzi in the Godfather, Gianni Russo is here with us now. Sorry Gianni, I can’t even begin to do your story justice in such a short period of time. Gianni is the author of Hollywood Godfather, a multi-year bestseller.
We explore his early beginnings in a New York City polio ward, his association with mob chieftain Frank Costello, his involvement in the JFK assassination, his torrid affair with Marilyn Monroe and her untimely suspicious death. Gianni goes into what happed with the RFK assassination and Sirhan Sirhan’s, brainwashing. And his run in with Narco Terrorist Pablo Escobar and how he managed to escape certain death at his hands.
Truly a fascinating life and one that Gianni says he has no regrets about.
The Fed’s efforts to create inflation have succeeded beyond their wildest expectations. They’ve created $4 trillion and their balance sheet is $8 trillion. We had tremendous amounts of helicopter money raising stock prices and home prices. Enhanced unemployment, mortgage and rent forebearance, student loan deferrment are all coming to an end. That’s the fiscal cliff. The monetary cliff is already happening. Tapering will resume with the end of bond purchases, probably starting in October. Imagine when the consumer starts having to actually pay their mortgages, credit card bills, etc. The economy is reopening, leisure and hospitality will boom. People got more money for staying home than they would have gotten were they working. It’s all coming to an end in 2022.
Michael is a self-proclaimed gold bug, inflationista and a dollar bear. Major inflationnary booms followed by deflationary busts. There’s no taking away the punch bowl. What is the Fed going to do now? You better have a long-term inflation strategy. We’re at peak growth and peak inflation now. But that will change shortly. Odds are good for a major credit crisis and repo meltdown is coming. You can’t trust the Fed.
Get ready for 3 percent inflation. According to Jim Welsh we’re going to see treasury yields sink, along with gold and silver, commodities and then we’re going to see them go higher. S&P will be vulnerable to a 10 percent pullback and then comes another rally. Look forward to another dollar rally. It’s now completing an A-B-C pullback and then we’re going to see it improve. Rates go up in 2022, maybe two hikes. Yuan is getting ready for a pullback. China doesn’t want a strong Yuan. And Bitcoin will drop to $28k. And then it will go up and make another high, so be prepared.
The rise of the retail investor during the course of the pandemic has led to rising Meme Stock prices. Small investors have banded through Reddit and other message boards to take on the short sellers. These types of things have happened before and will again. There’s a lot of momentum behind these stocks. For now, small investors rule. 2022 will be tech a year. Value stocks have been doing well and should continue for a while. They’ve been out of favor for many years and now they’re back.
Home Housing bust on the way. John’s builder had an amazing story to tell. 6-12 months ago he was doing record business. Half of his customers have put their project on hold. He’s working just as hard re-pricing projects and passing on the bad news to his buyers. Housing prices have blown through the affordability level and it’s quite possibly game over. The price of materials has gone parabolic.
Used car prices have almost doubled in the past two years. Why? Easy money! When your Lexus
US Mint admits there’s a global silver shortage. How could this be? We’ll see exactly what that means. Coin dealers are charging outrageous premiums, is that a sign? Gold and silver prices should be going up.
Rumor that Russia was going to announce a gold-linked ruble but the BIS talked Putin out of it. The results could be disasterous for Russia’s exports. Competitive devaluations have been the norm.
Basel III is looming. Will it be watered down or postponed? When will the bullion banks die already? They’re still here today. Maybe Russia’s threat of a gold-backed ruble forced Basel III.
Biden’s budget is immense $6 trillion and it’s been met with a big yawn. Governments have given up on any semblance of fiscal sanity. We’re getting closer to falling off the ultimate financial cliff.
Digital euro taking shape
https://www.ekathimerini.com/news/1162157/eu-set-to-unveil-plans-for-bloc-wide-digital-wallet-ft/
Digital currencies will foster in total control and tracking of every transaction. Is a dictatorship being implemented.
Peruvian Government change, socialists look poised to win. Is it just a money grab or will it change the nature of mining in the country.
Miami Crypto Conference deja’ All Over. Cryptos are an emerging asset class. What will they turn out to be and how will they be used.
Record Consumer Credit Overall, total consumer credit rose at a 5.3% annual rate in April to a new all time high of $4.238 trillion. Don’t worry, there’s no limit to anything. Could be the blow-off stage of the biggest bubble(s) in history.
Dudley believes that SPACs are on their way back. There’s a trillion dollars that’s been raised in this sector. For a while it was impossible to keep track of all the new issues in February. We never had a final capitulation. There was never a “V” bottom. Dudley says that 20-30 different SPAC’s will be completing their merger in June. The market will realize their value and prices should go up. Confidence will come back. It was clearly overdone. The Churchill Capital 4 will be merging with Lucid Motors and this one could be very big. It’s one of Dudley’s largest holding. He’s conviced it will work out. It will be a major factor in the return of the sector. When the bubble popped, Churchill was the one that brought it down. It’s still a great story.
For gold it’s just a matter of when the advance resumes. Right now it’s pulling back slightly, the retracement has brought us back to the old support level, 1860-1870 range. When silver starts its rally, buckle your seatbelt. Who knows what the catalyst will be. Dudley says build a solid portfolio and be prepared for the inevitable rally. You need to onboard, buy things at a reasonable price and be ready.
Gold A very bullish pattern. People following it are already bullish. The US Dollar is ready to resume a strong upward rally. It will help them consolidate. We’re at resistance now. We could see 1950. Selling in the stock market initially causes selling in the metals. Silver has been heading towards $30 but can’t make it. Once it does the sky’s the limit.
Stocks we’re in a no man’s land right now. We’re getting a lot of signs towards a pullback consolidation, but the market is still in a bull market. Inflows into the NYSE is showing that the FOMO trade is alive and well. Big money is selling into the buyers. We need a consolidation to flush out weak holders. Meme stocks are dead eventually.
Bitcoin is bearish. Parabolic moves get slammed. Masses pile in and it’s done for now. It’s done this 6 times since 2010. This bullish move is over. Bull market has retraced 50 percent. A chart is a chart is a chart.
Interest Rates Could very well to continue sideways. It could rocket higher or collapse. Whichever way it breaks there’s going to be huge.
Oil could hit $88, Chris called it months ago that it would go to 62-64. Now he believes $78 and $88 are obtainable. Energy companies are on fire. If crude holds the breakout it could really surprise and go higher.
The changes in business brought that happened during the pandemic are here to stay. Just because the pandemic is over, curbside service, contact-free payment, off-hour services, are not going away. These changes are now permanent. Delivery services for food and other products are here to stay. Masks were a fad and will soon become novelty items. Perhaps given out as premiums. Retailers need to re-position and figure out what their business really is. Effectively, they’re consultants. Retailers need to up their game. Will people now desert Walmart and Target now that the pandemic is over? Perhaps.
The money supply is expanding at a rapid rate. Commodity prices have blasted off with lumber, oil, copper and many other items going near parabolic. The list goes on and on. Patrick Yip says it’s inevitable that once monetary velocity increases, we’ll see inflation like we’ve never encountered before. The airline and cruise industries are rapidly picking up and groceries are taking off. Energy prices are increasing quickly as well. Historically people have always gone back to gold as an inflation hedge. Putting money into gold is part of a sound way of diversifying your portfolio. Gold has underperformed most other asset classes for the past decade. Will this decade be different?
Gold/Silver Eric’s last call was for a cycle high in late May and early June. There could be some additional upside the first 2 weeks of June. Primary price objective is 1920. It has traded in $80 ranges.
Oil we’re coming into a cycle high in June. Look for a range of $56-$73.
Interest Rates July 2020 was the peak for bonds and then sold off. Now Eric is looking for a lower peak in July 2021 and then rates will go higher for the next 12-18 months, perhaps on inflation fears.
Dollar has been in a trading range for the past several years. It will bottom at around 88.50. Over the next several months. Same bottom as in 2/18. A flat correciton.
Stock Market is peaking in June. Tech stocks have been leading the charge higher. Potentially multi-month or multi-quarter peak. They’ve been following a 16 month cycle. Then it’s down from there.
Bitcoin Eric was calling for a $65k high and promptly retreated. It’s gone through 5 waves, textbook and could well retreat lower if it breaks $29k. Not a great deal of upside potential. $28 to $50k range. For the next 3-6 months for 6-12
Bitcoin is getting close to bottoming
Bonds interest rates going down and prices are going to go up.
Copper similar to lumber went straight up then the cycle topped. Copper cycle is close to topping. Will it hit $5?
Stock market is making a longer time top. Fang and Nasdaq have made lower highers since March.
Ag commodities are starting a new cycle this week. Corn went parabolic and then came down to earth and the up move should continue.
Gold cycle top to gold coming next week. $2000 gold is coming. Some weakness followed by a new rise.
Silver looks a little better than gold, but has another week to go before cycle top.
Oil is heading towards a top next week.
Dollar bounce coming, at least a short term.
If there had been no cover-up of Robert Kennedy’s complicity in the murder of Marilyn Monroe in 1962 and he had been prosecuted based on compelling evidence at the time, the assassination of JFK by Bobby’s enemies would not have happened—changing the course of history and preventing the murder of media icon Dorothy Kilgallen. In a breakthrough book that is sure to be relevant for years to come, bestselling author (The Reporter Who Knew Too Much) and distinguished historian Mark Shaw investigates the connection between the mysterious deaths of motion picture screen siren Marilyn Monroe, President John F. Kennedy, and What’s My Line? TV star and crack investigative reporter Dorothy Kilgallen. A former noted criminal defense attorney and network legal analyst, Shaw provides an illuminating perspective as to how Robert Kennedy’s abuse of power during the early 1960s resulted in the murders of Marilyn, JFK, and Dorothy.
Stock markets mostly up again in May: Dow added 1.9% to 34529, S&P 500 up just .6%, Nasdaq was the outlier down 1.5%, Russell 2000 up a tiny .1%, TSX added 3.3% TSX.V up 1.5%. VIX down to 16.76. Dollar was down 1.6% to just under 89.84 and Euro up 1.9%. 10 Year yield headed down by another 3.7%. Bitcoin crashed 35.5%. Gold up another 7.9% to 1907. Silver up 8.7% to 28.05. Pt down .9%. Pd was off 4.1% for the month to 2727. Copper shot up another 3.0% to $4.61, hitting another 10 year high. WTI up 4.3% to 66.32. Brent up 5.8% to 69.63. Natgas shot up 2% to 2.99. Uranium rose 7.7% to $31.30.
We've known James since we started in media. He's a forward thinker and all of his statements and opinions are always backed up with facts. We're a big fan of his work. You'll be shocked by the things he discusses in this interview. There's a certain segment of the ruling class that are planning for humanity to be superseded by a new species that will be a combination of humans and AI based technology. Scary but very fascinating.
Fury Gold Mines just released significant drill results. It drilled a top five intercept to date - 23.27 g/t gold over 7.09 meters outside the defined resource at Eau Claire. The last time we spoke with CEO Mike Timmins, he assured us the pace of results was quickening, and clearly he has over-delivered. He and Michael Henrichsen (Exploration SVP) came on to discuss the impact of the latest news.
Results have been coming in at a rapid rate. It was just a week ago when the company announced it found more high-grade gold in the adjoining Snake Lake structure. In addition it identified a new mineralized horizon between the Eau Claire and Snake Lake structures.
Timmins expressed the belief that Snake Lake could have the same size potential as Eau Claire, which would greatly increase the scale of the project. He commented, “This is the kind of project that everyone is looking for… We’re just getting started, 7 months in.”
As noted mining analyst and newsletter writer David Erfle recently observed, “[The] Junior Gold Stock Fire sale is probably over…” And as the market recognizes the great potential of Fury, the recent rise in its share price is further evidence in support of that view. If things continue on the way they have, there could be a big payday ahead for Fury’s shareholders.
Website: www.FureyGold.com Ticker on TSX/NYSE: FURY
By all appearances the Covid-19 pandemic appears to be winding down. After the great disruptions and chaos of the past year, people are now wondering how to resume their normal lives. Many of you are suffering from PTSD. Some people just can stand the idea of giving up their masks in public. Then there's the issue of re-starting your social life. And what about those who have4 suffered grave economic injury, how do you put it all in the past and move? Noted clinical psychologist Dr. John Huber gives some solid easy steps you can take to create a new normal that's even better than the old one.
The Fed is telling you that the current bout of inflation is just a temporary phenomena. But is it? Noted financial advisor Gil Baumgarten thinks otherwise, it could very well be here to stay. We discuss what will happen to bonds, stocks and real estate in this new economic environment. And don't forget about gold and silver either.
When we last spoke with Torq Resource’s Executive Chairman Shawn Wallace (sponsor), he hinted that another major acquisition was on the way; in little more than a month, he’s delivered. Torq has optioned the Andrea Copper Porphyry Project, providing the company with an excellent opportunity to discover a world-class copper porphyry system. Its on the ground geologist network has done it again. And Wallace indicates that further acquisitions should be expected. At the rate he’s been going, Torq has a great future prospects. With the recent surge in copper prices, the company is uniquely situated to build a portfolio of top-tier copper projects.
Company website: www.TorqResources.com Tickers: OTCQX: TRBMF - TSX.V: TORQ
The real story on Transitory Inflation. No one is focusing on why they’re saying it. It’s all about yield curve control. The US cannot afford higher interest rates. The Fed is controlling yields and real interest rates. Interest on treasury debt cannot exceed 2 percent or we're all scr-wed. It’s a case of Fed jawboning to shape perception and reality. After this fails, they'll have go to policy pronouncements. And when that fails, then they will actually have to do something. The biggest question is, who will buy US government debt when it’s yielding less then inflation? Answer: the Fed. Repo madness strikes again. Reverse repos are hitting record levels, spiking. Banks are over-stuffed with reserves. Lots of interesting stuff going on, setting us up for an interesting month of June. 3 weeks to the next FOMC meeting.
According to Dean Fanelli, PHD, the vaccine implementation has been a great achievement. It’s time to look back and get a better understanding of where the government, the CDC and Dr. Fauci went wront. We’ve received conflicting signals about lockdowns, masks and social distancing. The CDC went from all masks all the time to no more masks necessary. Perhaps now they’ve gotten it right. School closings were also way off the mark.
We also talked about the admin’s desire to give away the vaccine IP to all takers. Probably not a good idea. There’s a complex web of patents and the ability to manufacture the vaccines make such a giveaway difficult and not effective.
Cryptos of course are plunging. Surprise! You were warned many times on this show.
Shortages are popping up everywhere. From today's DC links list:
— Companies are panic-buying as supplies run short Tried buying a refrigerator lately?
— Ag’s latest headache: a shortage of pallets for shipping produce. How much is that pallet in the window?
— Chick-fil-A suffers sauce shortage amid industry-wide supply chain issues perhaps they can borrow it from McDonalds.
—Social Media Censorship Slammed After Fauci Admits Possibility Of Wuhan Lab Leak we are shocked and saddened.
—Tesla Found Guilty Of Throttling Charging Speed And Battery Capacity In Norway
—Michigan Gov. Whitmer Comes Clean After Photograph Showed Her Breaking Her Own Rules
—CLO’s flying off the shelf. Sub-prime corporate debt repackaged and sold as Triple A debt. Where have we heard this before? We're at the peak of a bubble.
What’s the secret to driving demand, and generating leads and revenue online? What’s a digital transformation, and why do some companies succeed while others fail? And how do you stage a winning digital pivot?In his book, Eric Schwartzman, bestselling author explains what successful digital marketers do differently.
This is the inside track on how to pivot to digital marketing in four easy steps, so you can earn more and work less.We are living through a time of unprecedented migration, from analog to digital business practices.
Find out what it takes to stake your own claim online, so you can participate in the ever-growing digital economy, and get your share of the profits.
Through real world stories and numerous examples of digital marketing pivots told in easy-to-follow, nontechnical language, you’ll learn the secrets of what it really takes to be competitive online, so you can increase revenue, decrease costs, and control your future.
Perth Mint’s unallocated, pooled account program appears to be in trouble. People seeking delivery or allocated metals have been complaining about major delays or even a failure to delivery. In their recent annual report, they indirectly admit that they don’t have the metal. It’s been re-hypothocated to the moon. Advice, especially now, never, ever buy unallocated anything. Andy says that Perth has been a great supplier of physical silver to his company. Beware of counter-party risk. It’s evidenced by the recent run on Comex. Beware of SLV and GLD. Inflation and interest rates have been heading higher and have no where to go but up. Money printing is completely out of control. Inflation is running 3-4 times higher than the nominal interest rate being paid on treasuries. It’s a very precarious position. They can’t raise rates to attack inflation. Until you see rates rise above the rate of inflation, there’s plenty of room to go higher in the gold and silver market. Basel 3 June 28 of this year the new net stabilization rules go into effect. The mandate will increase 85 percent collateral in metlas markets, up from nearly zero now. More on that later.
We spoke with Ivan Bebek Co-Founder/Co-Chair/Director and Peter Dembicki President/CEO of Tier One Silver, particularly about it’s impending listing on the TSX-V. (TSLV). It could come as soon as this Thursday. US Investors will be able to purchase shares through brokers that allow purchase of Canadian stocks, such as TD Ameritrade, Charles Schwab, Interactive Investors and others. The US listing will come within a matter of weeks.
Originally Bebek was planning for a February listing. The Venture Exchange has been backlogged with numerous mining companies who are working through the listing process. Delays are frustrating, but here it will eventually work to Tier One investors’ advantage. Once the drill starts turning and results follow, few will have any memory of the delay.
More importantly, while pursuing the listing, management has been extremely active. A major acquisition was consumated and more studies of the Curibaya Project were conducted in an effort to develop new targets. Additional samples were done and robust numbers returned. Bebek says that the company is now in a very strong position to develop multiple projects.
CEO Dembicki observed that permits are in place and drilling will start in just a few short weeks. Peruvian assay times are relatively rapid, so expect results and news-flow to come fast and furious. And companies are once again getting paid a big premium for major discoveries. That could mean huge outsized returns for shareholders, such as yours truly.
www.TierOneSilver.com Reserved ticker TSX.V - TSLV
Trilogy Metals (sponsor) has been ceaselessly working to develop Alaska’s Ambler mining district, which has a huge high grade copper deposit of over 4%, along with large amounts of gold, silver, lead and zinc. They’re benefitting greatly from record high copper prices. The company is extremely well capitalized, with over $80mm in liquidity and a major joint venture partner - South 32. We got an update from President/CEO Tony Giardini. He’s planned 15000 meters of drilling for this year, financed by a huge $27mm budget.
Tony explained the highly positive affects that high copper and gold prices have had on the latest FS (feasibility study). He indicated that the project's NPV (net present value) had nearly doubled to $2 billion and that it’s IRR (internal rate of return) was now over 40%.
We also got a status update on the connector road that will link the company’s projects to the famed Dawson Highway. It’s all systems go. The appropriate state agencies have budgeted funds, along with Trilogy, to commence work and all interested parties are working hard behind the scenes to make this project a reality. TMQ’s share price has responded accordingly, recently making new 52 week highs, nearly double it’s 52 week low.
While this is a longer term project, its success is greatly enhanced by the world’s insatiable demand for copper. In the transition to an electrified future, Trilogy will play a vital role.
www.trilogymetals.com Tickers - TSX/NYSE-MKT: TMQ
Master Prepper Dunagan Kaiser discusses Financial Prepping and why you need to get started now, if you haven’t already. It all comes down to the individual, you can’t expect the government to suddenly come to its senses and start doing the right thing. They’ve forgotten the fact that they are public servants and there to further the common good. The Marxist Agenda is alive and well. Vast numbers of people have become wards of the state. We just went through Tax Day, we’ve become indentured servants of the state. Anything we can do individually to reduce our tax burden and the power of our leaders. People are continuing to vote with their feet. Andy Schectman, Lobo Tigre and many other that we know are fleeing these progressive jurisdictions. Freedom loving states are changing things for the better. Make the decision to stand up for your freedoms and if that means moving, so be it.
First on the agenda, are cryptos a magical creation exempt from all the known market forces? David believes that Fibonacci will have his revenge. A major retracement is inevitable. Then we discussed his open letter to Elon Musk, urging him to buy silver. Our solar clean energy future depends upon it. There’s not enough silver in the world to switch over to solar and green, but that won’t stop the dreamers. Solar panels only last for 10 years and then need to be replaced. Windmills aren’t lasting the 20 years as expected. Social media has distorted reality and brainwashed the masses. Everything nowadays is based upon emotion. Under the current technological conditions our green energy future isn’t going to happen now or in the future. Just wait for precious metals to realize their true value.
Musk's crypto conflicts, don’t fall in love with a 9 year old, Elon Musk. Did Tesla sell its Bitcoin? Is this insider trading? What does it mean for cryptos? Hot money likes it and will leave as quick as it came. This is what happens in a bubble. Time to stop HODLING?
Michael Burry reveals a huge short in Tesla. Sam Zell is also on the same side of trade.
Gold likes Basel III, is it the death knell of the LBMA. The big banks have been able to lie about the value of the futures contracts on their books, which means they’re worth nothing. The big bullion banks are threatening to leave the paper market. This would lead to physical valuation rather than paper valuation.
The World Economic Forum has cancelled its 2021 annual meeting scheduled for Singapore in three months time, the Swiss-based organisation said on Monday. The next annual meeting will instead take place in the first half of 2022. ...
Speculative assets falling out of favor SPACS, NFTs, Reddit stocks, cryptos while money flows into safe havens like precious metals ... They’ve all failed. This is how bubbles work? Will big Tech stocks be next?
Remember the 1990’s when the land under the Imperial Palace in Japan was worth than all of Manhattan’s Real Estate.
Covid is now almost officially gone. It’s under 5% of deaths which means it’s no longer considered an epidemic. And against all odds, masks are starting to fade into memory, at least in some places like Florida and Texas.
The 1970’s Are Back, With Inflation, Gas Lines, And Presidential Fiddling
Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday.
The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year earlier. A Dow Jones survey had expected a 3.6% increase. The month-to-month gain was 0.8%, against the expected 0.2%.