Financial Survival Network

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 [email protected]

In all actuality is not a huge surprise that PPI increased. When you consider the economy as a large heavy car, (think 1976 Lincoln Continental) this thing was completely stalled blocking the middle of the road in 2020. That’s good for no one, so the motivation is “do something!” The government starting pushing on the car to get it moving. They print a lot of money, flooding the economy with plenty of liquidity, then interest rates get lowered to 0%, this incentivizes and stimulates spending…little by little the car begins moving but then it really gets moving. Now the car is travelling too fast and it’s time to pump the brakes…they’re failing. People start running in front of the car, pushing on it, trying to slow it down but remember it’s a big heavy car…there’s a lot of mass behind it and it’s hard. We can’t expect what’s happening right now to put an immediate stop to the rise in costs and demand. There’s lag and lots of it. At the same time, what the Fed is doing is dangerous. It’s adding to inflation and it’s only treating the symptom in my opinion not the illness (supply.)

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: 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: 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: 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 [email protected]

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: 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: 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

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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: 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: 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

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?

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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

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: 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: 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: 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.

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