Financial Survival Network

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

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

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.

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

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.

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

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

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

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

Kerry Lutz discuss the reasons behind China's economic implosion, including huge borrowing, debt bubbles, malinvestment, and an exploitative mercantilist model. They also touch on corruption in China and how it affects business practices, as well as the unreliability of Chinese statistics. Lutz provides a detailed critique of China's infrastructure and response to natural disasters, including the lack of warning and destruction of property. He also discusses the collapse of the housing market, the perils of the banking industry, and the potential for mass unemployment. Lutz predicts that China's impending collapse will have a significant impact on the global economy, particularly on the production of electronics, medications, and building materials. He warns that the consequences of China's collapse will be far worse than the Great Depression, and that it all depends on whether the transition in China is peaceful or violent. YouTube China Links https://www.youtube.com/watch?v=za4GThXozzY&t=1123s https://www.youtube.com/watch?v=USzMuewAfJA https://www.youtube.com/watch?v=ZLZz1MlJV58 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

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

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

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

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

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

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

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

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

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

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.

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/

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

1. Consumer spending roller coaster continues Disposable income went up slightly to 0.4% in May 2023, after 4 months of declines 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 2. Out with the old...legacy categories and consumer loyalty are declining, as consumers become more price sensitive "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 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. 3. In with the new...consumers are willing to spend, but on 'new and different' experiences 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 Cybertruck pre-orders are at 1.9MM as consumers await this controversial, but compelling different product 4. While interest rates remain high, consumers...especially younger ones...will hold off on bigger ticket purchases in lieu of smaller, immediate and different experiences 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: [email protected] 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