Kerry Lutz's--Financial Survival Network

In this episode, Kerry Lutz talks with Patrick Mueller about how recent central bank policy, commodity swings, and geopolitical tensions are shaping inflation and safe-haven assets. They discuss the Fed’s slow pace on rate cuts — now likely pushed into the fall — and what that means for markets.The conversation then turns to precious metals: Kerry and Patrick describe recent gold and silver pullbacks as normal corrections after a strong rally, noting renewed interest is expected as industrial demand and global uncertainty persist.They also examine how soaring oil prices and disruptions to shipping routes are feeding through to consumer inflation, and review U.S. foreign policy moves in Panama, Venezuela, and Cuba, plus the pressure on China and shifting alliances that could reshape global energy flows.Find Patrick here: https://bellaadvisors.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

The battle lines are being drawn, and the clash of ideas is heating up. In a recent live interview on the Financial Survival Network, Kerry Lutz sat down with the legendary Mark Skousen—economist, author, and the mastermind behind FreedomFest—to discuss the state of global liberty, the “World’s Fair of Liberty,” and why the principles of Adam Smith are the only cure for a world teetering on the edge of economic and political chaos.The Renaissance of Liberty in Las VegasAs FreedomFest approaches its 20th anniversary, Skousen reflects on why he started what has become the world’s premier liberty conference. While other movements are organized and vocal, the “herd of cats” that makes up the freedom movement often lacks a central gathering point.“Why not have an annual get-together for three or four days? I chose Las Vegas because it’s the most libertarian city in the U.S. It’s ‘choose your own poison,’ but with top-tier restaurants and intellectual fire.”This isn’t just a political rally. It’s a Renaissance gathering featuring:* The Anthem Film Festival: Celebrating liberty through the lens of cinema.* The Mock Trial: This year’s trial focuses on the controversial role of ICE and immigration, with a jury selected directly from the open-minded attendees.* The M&M Boys: Mark Skousen and Mark Lichtenfeld providing hard-hitting financial and investment advice.Celebrating a Double Anniversary: 1776–2026This year holds a special significance as the world celebrates the 250th anniversary of two pivotal documents:* Adam Smith’s The Wealth of Nations: The blueprint for economic freedom.* The Declaration of Independence: The foundation of political freedom.Skousen argues that you cannot have one without the other. Without economic freedom, political liberty is a hollow shell; without political liberty, economic growth is stifled by tyranny.The “Adam Smith Cure” for Global ConflictThe conversation turned toward the rising geopolitical tensions and the inflationary nature of war. Skousen emphasized that Adam Smith’s model of natural liberty—governed by the rule of law and robust competition—is the only sustainable path forward.“War is inflationary. Wall Street hates inflation. We are seeing oil disruptions reminiscent of the 1970s. The ultimate goal should be: Commerce with all, and war with none.“High-Octane SpeakersThe 2026 lineup is already shaping up to be a powerhouse of diverse perspectives:* Steve Forbes & John Mackey: Co-ambassadors of FreedomFest.* Kennedy (Fox Business): The event’s regular Master of Ceremonies.* Elon Musk (Tentative): Following his game-changing takeover of X (formerly Twitter), the discussion on free speech has never been more relevant.* Rob Schneider & Adam Carolla: Bringing humor and a fearless defense of free expression.Don’t Be a “Freedom Loser”Mark touched on the concept of “Freedom to Choose” vs. “Freedom to Lose.” While liberty allows for the risk of failure or bad habits, it also creates the space for private education and community responsibility to thrive.FreedomFest is the place to debate these nuances without the name-calling and division found on cable news. It’s about what is right, not who is right.Ready to join the movement? FreedomFest 2026 takes place July 8–11 at Caesars Forum, Las Vegas.Killer Deal for Substack Readers: Use the code ADAMSMITH100 at FreedomFest.com to save $100 off your registration. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

In this episode, Kerry Lutz sits down with precious metals authority David Morgan of The Morgan Report to dissect the recent, dramatic sell-off in gold and silver. After silver hit a massive high of $120 earlier this year, it saw a violent 50% retracement. David explains the mechanics of this “liquidation phase,” the role of the futures market, and why he believes a massive supply-demand squeeze is still on the horizon.Key Discussion Points:* The “Violent Liquidation” Phase: Why silver plummeted from $120 to the $60-$70 range and why this is a natural market correction after a 140% run in 2025.* The Dollar vs. Metals: How the “higher for longer” interest rate environment briefly repositioned gold and silver as rate-sensitive assets rather than crisis hedges.* Physical Supply Reality: David breaks down why the “60 billion ounces mined” statistic is misleading, noting that half of all silver ever mined is lost in landfills or industrial waste.* The Mexico Factor: A look at the geopolitical risks in Mexico, the world’s largest silver producer, including the influence of cartels and the potential for nationalization.* Future Outlook: David predicts a period of consolidation followed by a push toward $100 silver and potentially $6,000–$7,000 gold.* Emerging Demand: Beyond solar and EVs, David highlights robotics and high-density silver batteries as the next major industrial drivers for the metal. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

In this episode, Kerry Lutz sits down with retirement expert Joe Schmitz, who introduces his niche client segment he calls the “2% Club”, and reveals the hidden rules his top clients follow — retirees who have both a pension and $1 million or more in savings. The name reflects the intersection of fewer than 20% of retirees holding pensions and fewer than 10% reaching millionaire status. Typical members include retired military, federal and state employees, police officers, and firefighters.Schmitz explores the unique planning challenges this cohort faces, from pressures on public pension systems due to increased life expectancy to concerns about pension solvency. He highlights practical strategies such as electing lump-sum pension payouts when available and tax-aware planning.He also provides insights into the mindset of his clients, describing them as diligent, frugal savers often hesitant to increase spending, and points listeners to additional resources including PeakRetirementPlanning.com, his book Midwestern Millionaire, and other related tax-planning tools.This discussion offers valuable guidance for high-net-worth retirees and those approaching retirement who want to protect their savings and make informed decisions in a changing financial landscape.Find Joe here: https://peakretirementplanning.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

In this spontaneous and hard-hitting live stream, Kerry Lutz is joined by veteran and content creator Christian White to peel back the layers of the global “controlled demolition.” From the economic fallout of endless conflicts to the subtle tightening of the surveillance noose around everyday Americans, they dive into the truths the mainstream media won’t touch.🎙️ In This Episode:• The War Racket: Why the “Military-Industrial Complex” is the only winner in modern conflicts and how it’s bleeding the domestic economy dry. 💥• The Surveillance Snare: How local “parking enforcement” has evolved into a full-stack data mining operation—tracking your movement, insurance, and compliance in real-time. 🚔• Economic Survival: A deep dive into the historical power of silver and gold to hedge against the debasement of the dollar. 🪙• The Epstein Files: Why the recent release of 3.5 million documents has been met with a deafening media silence. 📄• Future Forecasts: Discussing the “Panic Cycle” of 2026 and why the Dow might be heading for 88,000 despite the chaos. 📈🛑 Stop Getting Rolled by the “Parking Racket”Ever wonder why a simple parking ticket now feels like a high-tech shakedown? Kerry Lutz’s new book, “America’s Great Parking Scam: You’ve Been Robbed,” is officially out and hitting the shelves!In this explosive expose, Kerry reveals how what started as a simple “nickel in the meter” has evolved into a sophisticated, full-stack surveillance and data-mining operation.📖 Why You Need to Read It:• The High-Tech Snare: Learn how license plate scanners aren’t just checking for overstays—they’re checking your registration, insurance, and inspection status against massive databases in real-time.• Enforcement as a Platform: Discover how local governments have turned parking enforcement into a “full-stack” revenue generator that tracks your every move.• Fight Back: Get the insights you need to understand the system and protect your privacy and your wallet from the bureaucratic shakedown.Grab your copy today on Amazon or wherever fine books used to be sold!Grab your copy today on Amazon or wherever fine books used to be sold!Bu This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Kerry Lutz and Jim Welsh discuss how sustained high oil prices could impact the global economy, noting that the duration of elevated prices matters far more than short-term spikes. They examine recent market reactions to oil moves, regional supply risks such as Qatar’s natural gas force majeure, and why stronger U.S. production today may provide more economic insulation than during the 2008 energy shock. The conversation also places current energy prices in historical context, explaining why a true 1970s-style crisis would require dramatically higher oil prices.They then turn to precious metals, where Jim outlines gold’s recent parabolic rally and sharp correction. While the pullback may continue in the short term, he believes it could ultimately set the stage for the next leg higher in the longer-term bull market.The discussion closes with a look at AI and market structure risks. Massive hyperscale spending on artificial intelligence is expected to boost GDP this year, but it may also distort market psychology and push equity valuations higher than fundamentals justify. At the same time, that spending could reduce corporate buybacks as companies redirect cash flow toward AI infrastructure. With technical cracks appearing in the S&P, the group notes that downside risks for equities may be building.Find Jim here: https://www.macrotides.com/Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

The Global Shift: National Sovereignty vs. The New World OrderIn this intense deep-dive, Kerry Lutz sits down with Dr. Steve Bonta, publisher of The New American, to dissect the crumbling architecture of globalism. They explore the historical roots of international financial institutions, the hidden influence of the Council on Foreign Relations (CFR), and the rising tensions in Iran, China, and Venezuela. Dr. Bonta provides a provocative look at why national independence is under threat and what a return to a “Hemisphere-first” policy could mean for the future of the West.Key Moments & Timestamps0:00 – Introduction3:45 – Financial Shadow Governance6:10 – The “America First” Strategy9:15 – The Path to Economic Independence: 11:45 – Geopolitical Flashpoints: 14:30 – The Monroe Doctrine Revived:17:20 – The Rise of Superpower China:21:05 – Inside the CFR:Find out the truth behind the municipal overreach and hidden taxes in my new book, America’s Great Parking Scam: You’ve Been Robbed! It’s the definitive guide to how local governments and private entities are picking your pocket one meter at a time. Grab your copy now and stop being a victim at www.parkscam.com. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

In this episode, Kerry Lutz talks with Matthew Tuttle as he shares his contrarian investing philosophy and explains why traditional hedges often fail. They discuss how human emotion, AI, and ubiquitous data are reshaping markets, and outline real ways investors can protect their portfolios. Tuttle also previews his new “no-bleed” tail-risk ETF, ONO, and other innovative ETFs coming soon.Find Matthew here: https://www.tuttlecap.com/Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

This live stream traversed a wide range of topics, from the shifting sands of global geopolitics and the future of precious metals to the systemic exploitation found in everyday parking.Geopolitics and the “Resource Corridor”• The Post-Iran Vacuum: The conversation began with the crumbling of the Iranian regime and the long-term historical context leading to this shift.• Mexico as a “Black Swan”: Mexico’s stability is viewed as critical to the Western Hemisphere, particularly since it produces 24% of the world’s silver.• The North American Vision: A predicted “resource corridor” stretching from Alaska through Canada and down to Mexico could redefine how the West secures vital materials like oil and silver.• Regional Instability: The collapse of governance in Cuba and potential shifts in Canadian provincial relations were highlighted as major disruptive forces.The Silver Market• Market Volatility: Discussion touched on the recent “fake” breakouts and breakdowns in silver prices, ranging from $121 down to $64, which often serve to flush out leveraged holders.• Long-Term Value: Silver is viewed as a vital hedge against currency instability, with an expected panic cycle peak approaching in April.The Great Parking Scam• Illegal Signage: Many municipal parking signs fail to meet federal standards (the MUTCD), rendering many tickets technically illegal.• Digital Grifts: Parking apps are criticized for forcing users—including minors—into complex contracts and harvesting precise geolocation and behavioral data for profit.• Systemic Extraction: The current parking system is described as a “digitized grift” designed for revenue extraction rather than public utility.Fight the Grift: Join the NAADPIf you’re tired of being a victim of “robotic” municipal extraction, it’s time to take a stand.• Read the Book: Get the full story in America’s Great Parking Scam: You’ve Been Robbed available on Amazon.• Join the Movement: Sign up for the National Association of American Defrauded Parkers (NAADP) at www.ParkScam.com. Substack members receive exclusive litigation updates and a custom parking ticket self-defense kit. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

In this episode, Kerry Lutz chats with Charles Nenner about the return of long-term war cycles and rising global tensions. They break down the Russia–Ukraine conflict, NATO’s role, and historical promises to the Soviets, while warning the war could persist unless stances change. Nenner also flags China–Taiwan as the next major flashpoint and outlines the tough choices the U.S. may face around intervention.Markets are next on the radar. Nenner explains why cycles often drive price moves more than headlines, predicts a major downturn around 2026, and highlights potential rebounds in gold and energy. He also discusses short-term weakness in precious metals, a potential bottom in natural gas, and the broader risks of overvalued markets.Along the way, they touch on media influence, AI analysis errors, and personal experiences that underscore just how unpredictable these times can be. It’s a high-stakes look at what’s coming — for the world and your portfolio.Find Charles here: https://charlesnenner.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

In this interview, Kerry Lutz speaks with Mark J. Quann about recent market performance and why US stocks have lagged global markets despite what he views as a still-strong economy. He points to rising wages and increasing energy independence as key factors supporting long-term growth.Quann outlines the “buy, borrow, die” strategy — a tax-focused approach built on owning assets like stocks, ETFs, real estate, crypto, life insurance, and precious metals. Instead of selling assets and triggering taxes, he explains how borrowing against a portfolio can provide access to cash while keeping investments intact.He also shares practical steps for getting started, including small automated contributions and using margin loans through platforms like M1 Finance. Covered-call and commodity ETFs are discussed as potential income and inflation hedges, along with the long-term tax advantages of holding appreciating assets.Find Mark here: https://www.theperfectportfolio.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

In this interview, Kerry Lutz speaks with Michael Pento about how liquidity may already be expanding by as much as $20 billion per week, quietly pushing the Federal Reserve’s balance sheet back toward $7 trillion — despite continued claims of tight policy.He warns that the next recession could bring massive deficits in the $4–6 trillion range, potentially forcing the Fed to become the primary buyer of U.S. debt once again. If that happens, inflation may not be accidental — it could be the result of outright monetization.Pento also points to historically extreme valuations in stocks and housing, suggesting markets may need a significant reset to return to long-term norms.He believes gold remains in a long-term bull market and could accelerate higher as recession pressures mount and monetary expansion increases.Pento outlines a defensive approach that includes holding physical gold, adjusting liquidity as conditions change, and watching credit markets for early signs of stress.These long-term cycles are explored in The Armstrong Economic Code— and understanding them may help investors prepare for what comes next.Find Michael here: https://pentoport.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Gold is testing the $5,000 barrier — and the charts are flashing warning signs.Kerry Lutz and Jerry Robinson dive into gold and silver as markets test extreme levels.A rising 50-day moving average offers support, but long weekly wicks show momentum could be slowing. Will it break through, or pause first?Speculation around Kevin Warsh and shifting Fed expectations may be driving the pullback. If the hawkish premium fades, rates could ease — and gold reacts.Silver just went vertical — then crashed back. Volatility is insane. Yet the fundamentals remain rock-solid: industrial demand from solar and data centers is still building.The lesson is clear: don’t panic. Diversify. Dollar-cost average. See spikes as opportunity, not fear.Strategy also matters. Substack is winning over WordPress for publishing, mailing, and monetization. Kerry shares early paid-subscriber traction, teases Living the Silverback Lifestyle, and outlines a new parking-enforcement book paired with litigation and a public campaign under the National Association of American Defrauded Parkers.Markets are wild. Policy is shifting. Psychology is stretched. Smart investors stay steady — and strike when others hesitate.Find Jerry here: https://followthemoney.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Yesterday we did something different.For the first time ever, Robert Ian delivered his commentary live — not recorded, not edited, not in isolation — but in real time, in front of an audience.Many of you have listened to Robert for years. Over 600 GoldSeek Radio commentaries. Thoughtful. Measured. Grounded. But this was different. This was live!🌎 The Backdrop: A Shifting WorldGold at historic levels. Silver waking up from a decades-long consolidation. Currency tensions rising. Debt ceilings that no longer matter. Central banks boxed into corners.And yet, on the ground?Empty restaurants. Less traffic. Visible strain in small businesses. People quietly cutting back. Robert just returned from a Southwest road trip. What he saw didn’t match the headlines. That disconnect matters.🧠 The Real Theme: RepositioningThis isn’t recovery. It’s repositioning. Robert said something powerful:“The next several years are about economic repositioning and survival.”That hit. We may not be heading into “the next crisis.” We may already be in it — and never fully exited the last one.💰 Metals: Undervalued or Just Early?We discussed:Silver’s 1980 high (~$49.45)Inflation-adjusted value north ohank you to everyone who tuned into my live video! Join me for my next live video in the app.Gold’s reclassification as a Tier-1 bank assetWhether ETFs and crypto siphoned demand from physical metalsAt current levels, many still believe physical metal remains historically undervalued. But more importantly — the psychology is shifting. And psychology moves markets before headlines do.🌍 Europe, the Dollar, and Tough LoveWe also touched on the future of Western civilization, U.S.–Europe tensions, and the uncomfortable middle phase of change. Robert framed it well: Real change happens in discomfort. And we are clearly in the discomfort zone.🎯 Why We’re Doing This LiveThis isn’t a polished studio production. It’s conversation. It’s testing ideas in real time. It’s responding to what’s unfolding — not what’s already happened. And judging by the response, we’re just getting started.📬 What’s Next?More live sessions.More Q&A.More direct conversations about markets, survival, and strategy.If you missed it live, stay tuned — the replay details will follow. And if you have questions you want covered in the next session, reply directly to this email. We read them.— KerryP.S. I also gave a preview of my upcoming book exposing the “parking industrial complex.” It started with one ticket. It’s ending in federal court. More on that very soon. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Mortgage rates tripled. The crash never came.In this Episode Kerry Lutz and Jason Hartman break down why U.S. housing didn’t collapse when borrowing costs exploded.Nearly 25% of homeowners hold mortgages at or below 3%. About 65% are at 4% or less. That “lock-in effect” crushed supply and froze mobility.Fewer than 800,000 homes are listed nationwide — under 0.6% of America’s 140 million housing units. Owners won’t give up cheap debt. Inventory stays tight. Hartman believes this imbalance could persist into 2032–2033.Scarcity and utility continue driving prices — even after the rate shock.The conversation then shifts to immigration and rental housing. Hartman argues most undocumented migrants occupy lower-tier rentals, meaning enforcement shifts would likely hit C-class properties first.They also discuss Sun Belt migration trends and investor tools like PropertyTracker and Empowered Investor for sourcing income-producing properties.If you’ve been waiting for a housing crash, Kerry and Jason explain why it hasn’t happened — and what could finally change the equation.Find Jason here: https://www.jasonhartman.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

In this conversation, Kerry Lutz is joined by Josh Hammer to break down why immigration enforcement has quietly reshaped crime trends, voter behavior, and the political landscape — often in ways the media refuses to acknowledge.They examine how Trump’s enforcement-first messaging changed the national conversation, contributed to declining crime rates, and helped drive unexpected voter shifts, including among Hispanic voters in key states like Texas and Florida.Josh explains why open-border policies clash with a large welfare state, how cultural assimilation and enforcement intersect, and why past GOP immigration strategies failed where Trump’s approach succeeded.The discussion also explores foreign policy, public safety, and state vs. federal authority, challenging the narratives shaping today’s political debate — and why the voter shift may only be getting started.Find Josh here: https://x.com/josh_hammerFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Gold and silver just made a violent move — and it wasn’t random. Kerry Lutz sits down with Edward Siddell to break down the parabolic surge, the sharp pullback, and what it really signals beneath the surface.Siddell explains how panic buying, inflation pressure, and volume spikes collided in the metals markets — and why the pullback wasn’t weakness, but a warning.At the center of the move: central banks. Siddell outlines why gold reserves are rising as U.S. Treasuries quietly lose favor, and how growing debt levels increase long-term dollar risk.The conversation turns to silver, where supply constraints, historical ratios, and rising industrial demand — including AI and data centers — are setting the stage for outsized moves.Siddell closes with his 12–24 month outlook for gold and silver and what to watch as markets head toward a potentially volatile 2026.Find Ed here: https://EGSIFinancial.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Kerry Lutz and David Stryzewski explain why silver is being forced into a new pricing regime as industrial demand accelerates.David outlines how AI, solar, and advanced technologies are driving a structural shift in silver demand, pushing prices sharply higher while the silver-to-gold ratio remains deeply distorted.Kerry highlights growing supply pressures tied to geopolitics, including export restrictions from China and Venezuela and the strategic importance of mineral-rich resource corridors.The discussion widens to systemic risks, from Federal Reserve policy and commercial real estate refinancing to a national debt nearing $40 trillion. David stresses the importance of strong balance sheets as the system comes under strain.The episode closes with a look at blockchain, AI, and emerging opportunities forming as silver and hard assets reprice the system.Find David here: http://myspg.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Kerry Lutz sits down with precious metals analyst David Erfle to break down the latest moves in silver and gold, and why recent price action is being driven by structural forces rather than short-term speculation.They trace decades of paper-market intervention — from 1960s silver controls to the Hunt Brothers episode — explaining how regulatory and exchange actions have repeatedly distorted price discovery. This time, however, physical shortages are forcing a widening disconnect between paper prices and real-world supply.The discussion ties precious metals strength to a sovereign debt spiral, currency devaluation, and shifting institutional demand, while also covering refinery inventory stress, margin hikes, intraday reversals, and their impact on mining equities. David explains why he has capped subscriptions to his newsletter due to liquidity risks in junior miners and shares candid views on select opportunities and flawed capital structures.Find David here: https://JuniorMinerJunky.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Kerry Lutz and Bruce de Torres call out California’s $20+ minimum wage for crushing small businesses, accelerating closures, and wiping out jobs — while large corporations adapt and smaller operators are left with no escape route.Bruce explains why the minimum wage fight is only a symptom of decades of failed policy and education, and how those pressures have steadily marginalized independent businesses across the country.The conversation then shifts to federal procurement, where Bruce exposes how the Small Business Administration consistently falls short of its 23% contracting goal, allowing large firms to capture work meant to create jobs through small businesses.Find Bruce here: https://asbl.com and here: https://www.dontcheatwomen.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Trump’s rhetoric is shaking headlines — and driving markets higher. Kerry Lutz and Dale explain why extreme political positioning can translate into real upside for investors.The AI boom remains the engine. As profitability comes into focus, both see the S&P 500 and NASDAQ pushing toward new highs if Trump’s economic vision begins to take shape.Gold and silver are flashing warning signs. Rising prices reflect global instability and growing demand, with Kerry cautioning that government intervention becomes more likely as metals climb.Geopolitical pressure is building. Russia and China continue challenging the dollar’s dominance, while the U.S. accelerates its push toward domestic self-sufficiency.Looking ahead, Dale sees AI as truly transformative, with clearer winners emerging by 2026. Discipline and timing may matter more than ever as opportunities expand.Find Dale here: https://rdsmotherswealth.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe

Kerry Lutz and Jim Welsh dig into why the U.S. economy looks stable on the surface, with growth near 2.5%, but may be far less balanced underneath. Jim warns that government spending is masking a widening divide, where the top 10% of earners drive consumption while lower-income households feel increasing pressure.Despite recent market weakness, Jim notes that internal indicators like the advance-decline line remain firm, historically limiting the depth of market corrections. This helps explain why markets continue to hold together even as risks quietly build.They also discuss President Trump’s global negotiating strategy, including Greenland, and how climate change is reshaping geopolitical priorities. Both agree Trump’s provocative rhetoric is often calculated and effective.Jim closes with insights on the dollar’s recent decline, suggesting crowded short positions could fuel a rally. He expects gold and silver pullbacks before rebounding, cautions against long-term bonds at current prices, and anticipates rising volatility as money rotates across markets and political pressure builds ahead of midterm elections.Find Jim here: https://www.macrotides.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here: https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe