Kerry Lutz's--Financial Survival Network

In this enlightening discussion, Kerry Lutz teams up with renowned economist and investor Peter Schiff to dissect the current economic climate, government policies, and strategic investment approaches. They kick off by stressing the critical nature of employing multiple backup systems during recordings to preserve invaluable insights, sharing practical advice and specific tools that Schiff himself utilizes. The dialogue then shifts to a broader economic spectrum, where Schiff voices his concerns over the United States' future financial stability, highlighting alarming trends such as escalating national debt, looming recession threats, and the tightening grip of inflation. The duo critically examines the economic strategies of recent administrations, offering a comparative analysis of Trump's and Biden's approaches to navigating these tumultuous economic waters. Delving deeper, Schiff and Lutz critique the reliability of government-provided economic data and dissect the current state of the job market, suggesting that the rosy employment figures might be masking the grim reality of a recession already in progress. They argue that the media's narrow focus on surface-level job numbers overlooks vital underlying metrics, like the significant shift from full-time to part-time employment. Schiff, known for his candid opinions, also expresses his skepticism towards Bitcoin, challenging the cryptocurrency's intrinsic value and its capability to generate real income. Furthermore, the conversation covers the ramifications of persistently low-interest rates and the Federal Reserve's struggles to curb inflation effectively. Listeners will gain a comprehensive understanding of the interplay between the real estate market and the broader financial sector, thanks to Schiff's expert insights. For more in-depth analyses and investment strategies, viewers are encouraged to explore Schiff's resources at www.Europac.com and www.SchiffGold.com. This discussion is a must-listen for anyone looking to navigate the complexities of today's economic landscape with a clear-eyed perspective. Peter Schiff Uncovers Economic Realities and Investment Misconceptions In this enlightening discussion, Kerry Lutz teams up with renowned economist and investor Peter Schiff to dissect the current economic climate, government policies, and strategic investment approaches. They kick off by stressing the critical nature of employing multiple backup systems during recordings to preserve invaluable insights, sharing practical advice and specific tools that Schiff himself utilizes. The dialogue then shifts to a broader economic spectrum, where Schiff voices his concerns over the United States' future financial stability, highlighting alarming trends such as escalating national debt, looming recession threats, and the tightening grip of inflation. The duo critically examines the economic strategies of recent administrations, offering a comparative analysis of Trump's and Biden's approaches to navigating these tumultuous economic waters. Delving deeper, Schiff and Lutz critique the reliability of government-provided economic data and dissect the current state of the job market, suggesting that the rosy employment figures might be masking the grim reality of a recession already in progress. They argue that the media's narrow focus on surface-level job numbers overlooks vital underlying metrics, like the significant shift from full-time to part-time employment. Schiff, known for his candid opinions, also expresses his skepticism towards Bitcoin, challenging the cryptocurrency's intrinsic value and its capability to generate real income. Furthermore, the conversation covers the ramifications of persistently low-interest rates and the Federal Reserve's struggles to curb inflation effectively. Listeners will gain a...

Gordon and Kerry discussed the performance of the S&P 500 and its fluctuations due to COVID-19. They also explored the potential risks and impacts on the equities market, the role of Treasury Secretary Yellen in managing market liquidity, and the consequences of tighter credit and looser financial conditions. Additionally, they compared Gross Domestic Product (GDP) and Gross Domestic Income (GDI), highlighting the discrepancies and the impact of inflation on GDI. Finally, they examined the current state of the U.S. economy, expressing concern over the growing national debt and the continuous reliance on credit. S&P 500, Gold, and Bitcoin Performance Discussion Gordon and Kerry discussed a chart that depicted the performance of the S&P 500, highlighting its fluctuations and the impact of COVID-19 on its trajectory. Gordon emphasized the narrowing of the S&P 500 and the possibility of it going parabolic. He also pointed out a significant point at 51,86, which was reached and then immediately pulled back, suggesting a potential risk. Kerry brought up the importance of considering gold and Bitcoin's behavior. Gordon concluded by cautioning that they were at a major junction and it might be time to reassess the risk, given that the last 5% could be catastrophic. He also mentioned the possibility of a correction back to the pre-COVID high. Gordon and Kerry discussed the current state of the equities market, expressing concern about potential risks and the possibility of a market downturn. They highlighted inflation as a potential trigger for a market correction and discussed the role of Treasury Secretary Yellen in managing market liquidity. They also discussed the impact of the Inflation Reduction Act and the potential consequences of tighter credit and looser financial conditions. Gordon compared the current situation to historical market trends and predicted corrections and attempts at a rally. GDP and GDI Discrepancies Under Bidenomics Gordon and Kerry discussed the discrepancies between Gross Domestic Product (GDP) and Gross Domestic Income (GDI). Gordon highlighted that the gap between the two has widened under Bidenomics, with GDI increasing due to inflation but not reflecting the money spent on expenditures. Gordon emphasized that the GDP formula includes borrowed money, referred to as investment income, which is contributing to the inconsistencies between the two figures. They concluded that there was a significant issue that needed to be addressed. U.S. Economy and Alternative Investments Discussed Gordon and Kerry discussed the current state of the U.S. economy. Gordon expressed concern over the potential flaws in the system, particularly the growing national debt and the continuous reliance on credit. He also noted the correlation between the yield on a 30-year bond and the growth in the GDP. Gordon further pointed out the increasing interest in gold and Bitcoin as an alternative to the U.S. dollar, suggesting that the central banks are buying gold and some major players are starting to invest in it. Kerry's opinion on this matter was not captured in the discussion. Statistics and Newsletter Discussion Kerry and Gordon discussed some statistical data about a certain issue, with Gordon presenting charts to illustrate his points. Kerry agreed with Gordon's conclusions and suggested that the charts could be found on Gordon's website, matzi.com, where a free weekly newsletter is also offered. Kerry also invited questions and comments via email and encouraged listeners to sign up for the newsletter. The possibility of Gordon returning for another discussion was also mentioned. Visit Gordon here: matasii.com Find Kerry here: FSN and here:

Kerry Lutz and Ed Siddell discussed the current state of the economy and the possibility of a recession. They analyzed the strength of the economy and potential risks such as the commercial real estate meltdown and the banking crisis. They also discussed the impact of debt and credit on the market and the changing credit market. The conversation highlighted the uncertainty and complexity of the current economic landscape and the challenges facing investors and businesses. Additionally, they discussed the state of cities in the US, migration trends, and the importance of personal safety in people's decision to migrate. They also talked about the lack of safety in cities and the need for people to feel safe and be able to raise a family without fear. They concluded by emphasizing the need for fixing the system and getting the right people in office to do so. Find Ed Here: EGSI Financial Find Us Here:  FSNThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Kerry Lutz and Taylor Loht discussed the benefits of investing in real estate over stocks and bonds. They highlighted the importance of cash flow and an abundance mindset for success in real estate, as well as the challenges of dealing with misbehavior in the industry. They also emphasized the importance of networking and building relationships to find deals in the commercial real estate space. Taylor shared his successful investment strategy of investing in scarce assets with high demand, such as self-storage properties, and discussed the potential of investing in mobile home parks. Kerry and Taylor delved into the details of investing in self-storage properties, discussing the demand drivers and risks involved. They emphasized the importance of market analysis and careful consideration of risks, as well as the obstacles involved in getting approvals from municipalities. They also highlighted the benefits of investing in self-storage properties, including the low management required and diverse demand base. The conversation ended with Taylor explaining his passive wealth strategy and the importance of seeking knowledge from those who know more. Overall, the meeting provided valuable insights into the mindset and strategies required for success in real estate investing. Visit Taylor at: https://www.passivewealthstrategy.com/ Visit us at: https://FinancialSurvivalNetwork.com  This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Jim Welsh provided a detailed analysis of the current state of inflation, predicting that it will continue to rise due to the reversal of energy prices and food prices. He also discussed the impact of higher interest rates on unemployment numbers and predicted that a recession is likely in the near future based on historical indicators such as the yield curve inversion and the increase in lending standards. Kerry Lutz and Jim Welsh discussed the shift in market sentiment from anticipating a recession to believing that it is no longer a concern, and how this may actually increase the likelihood of a recession. They provided a comprehensive overview of the economic factors at play and the potential consequences for investors and the economy as a whole. Welsh also provided market analysis on gold, the S&P 500, and lending standards, and suggested caution in light of current prices. Visit Jim's site: macrotides.com Visit us at: FSNThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Lobo Tiggre joined Kerry Lutz to discuss the state of the economy and inflation, with Lobo providing a nuanced analysis of the factors contributing to the weakness of the US and global economies. They also discussed the strength of the demand for gold despite headwinds like higher rates and Fed tightening. Lobo provided a market analysis of gold and silver, predicting a potential near-term pullback in the gold market and advising caution. They also discussed the potential impact of a liquidity event on the metals market and the unpredictability of market crashes. Additionally, they discussed the Fed's response to the banking crisis and how it was a major emergency response that bailed everyone out without explicitly bailing them out. They expressed concerns about the insolvency of major real estate companies in China and the potential for a hard landing in China's economy, which could impact the global economy.  Visit Lobo at https://independentspeculator.com Visit us at: https://FinancialSurvivalNetwork.com  This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Gerald Celente and Kerry Lutz discussed various topics, including the dangers of the military industrial complex, the negative consequences of US interventions in other countries, the state of the economy and real estate trends, and the JFK assassination. They criticized politicians on both sides for supporting war and sending money to Ukraine while the country's infrastructure is falling apart. Celente predicted that the equity markets would crash due to the building bust rate and high vacancy rates in office buildings, which would affect various financial institutions. They also discussed the need for diplomacy over military interventions and the lack of major peace movements in the country. Check out Trends Journal at: https://TrendsJournal.com Visit FSN at: https://FinancialSurvivalNetwork.com  This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Noted cycle analyst Eric Hadik joined us for a market overview. He believes the dollar will stay close to its current range for a protracted period of time. Interest rates have peaked and are heading lower, perhaps in anticipation of the coming election cycle.  What affect this will have on housing is yet to be determined. Rates look like they are staying higher than they were during the housing bull market.  Gold should have a pullback soon and then proceed higher. Depending upon the extent of the pullback, they could go substantially higher.  Oil should see higher prices coming after its current consolidation.  Bitcoin could see a major increase come July, if it manages to stay above the $25,000 range that it's currently occupying.  A very interested and detailed look into the markets.  Visit Eric at: insiidetracktrading.comThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Federal Reserve – to hike or not to hike Pause is expected – further notes after the release of the interest rate move Bullish stocks, low bond yields and recovering housing market suggest interest rates aren’t that restrictive The Fed’s mission has been to get interest rates high enough to slash inflation from its current 4% to 5% range to 2%, even if that means pushing the economy into recession and unemployment higher. If the Fed had succeeded, you probably wouldn’t be seeing these things: stocks entering a new bull market, a rebounding housing market or long-term Treasury yields well below the inflation rate. Typically, when the Fed raises short-term rates, stock prices fall, and long-term bond yields and the dollar rise. That’s what happened for the first six months of Fed tightening in more or less textbook fashion. But since October, all have changed direction. The S&P 500 is up 22% since last fall’s low. This reflects rising earnings forecasts and excitement about artificial intelligence Behind the rally in stocks is a belief that inflation will soon plummet as pandemic-related distortions of prices for new and used cars, apartment rents and houses all reverse.  Then the economy will slow due to rate hikes and eventually the Fed will cut rates. Banks are tightening lending – GDP grew 1.6% (lower then long term run rates) unemployment rose to 3.7% Yet somehow we continue to see the economy moving forward. Markets are pricing in a high probability that central bank policymakers will “skip” — an expression they generally prefer to “pause” — at this month’s meeting as they digest the impact of 5 percentage points worth of increases going back to March 2022. Not an end Inflation is dropping – good sign 4% y over y probably cemented the decision to pause Stop to evaluate – what do the post meeting minutes say?  The details are important Are they leaning towards raising rates further? – likely to see a rate hike in July 25-26 meeting. What happens with GDP.  Continued improvement or a “shallow recession”. A pause recognizes that there’s a lag between what we do and when it shows up in the economy and inflation. What does Powell say at the press conference – probably committed to continued lowering inflation and keeping the hiking door open.  Most likely no comment about July move. Finding the balance between enough aggression to bring down inflation while not tanking the economy is the Fed’s ultimate goal. History suggests that central banks that pause usually commence hiking soon after they discover that inflation hasn’t been vanquished  a recession remains the most likely case for most economists. The risk in continuing to raise interest rates is something will break more structurally than it has so far Then they would have to lower interest rates if they cause a recession. In the past, we’ve had very few periods where the fed funds rate went up then plateaued. Usually, the Fed overdoes itThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

During the meeting, Kerry Lutz and Aaron Clary discussed the benefits of getting off the societal support and validation grid by building your own home. They argued that this approach could provide economic opportunities and valuable skills, and could be a solution to the housing crisis. They also discussed the potential mental benefits of opting-out of society and rediscovering oneself, but acknowledged that not everyone will participate in this trend. Aaron suggested that young people should consider building their own homes instead of pursuing higher education, and mentioned the hurdles that come with this unconventional approach, such as the cost of land and the need for skills in carpentry and home repairs. Kerry shared a personal anecdote about fixing a toilet and encouraged listeners to take on household repairs themselves or find a handyman to save money. They also discussed the potential for creative financing, such as rent-to-own, and the availability of resources like YouTube for self-instruction. In the wrap-up of their interview, Kerry and Aaron discussed where to find Aaron's work and had a brief personal chat about South Dakota and Aaron's personal life. The tone was friendly and casual, with both speakers expressing pleasure in talking to each other. Visit Aaron's YouTube: https://www.youtube.com/@AaronClarey Visit FSN at: https://FinancialSurvivalNetwork.com  This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Kerry Lutz and Eddie Gifford analyzed the latest CPI and PPI numbers, highlighting the potential for stagflation and its impact on the markets. They also discussed the ongoing FOMC meeting and the possibility of a hawkish stance from the Fed. The role of AI in investment portfolios was explored, with an emphasis on the need for interpretation of AI-generated inputs. Additionally, the importance of having a well-defined investment strategy with an exit plan and risk management in place was emphasized. They suggested dollar-cost averaging and building a position over the next 12-18 months, with profit targets and stops in place. The current state of the market was also discussed, with the suggestion that volatility is around the corner, making it important to have a plan in place.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

During the meeting, Kerry Lutz interviewed Joseph Gradante, the Founder of Allio Finance, about the company's mission to democratize access to sophisticated investing strategies. Alio Finance uses an AI-powered investment engine that utilizes machine learning and future forecasting to optimize portfolios, providing users with a flexible and affordable investment experience. The interview covered the technology behind the engine, the cost to users, and the potential impact on the market, as well as the importance of financial literacy and taking ownership of one's financial future. Links: Visit Allio Finance - alliofinance Visit Financial Survival Network - FSNThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Economic historian extraordinaire is with us today to explain the credit bust, where it's heading, where we're going, and put it in historical perspective as well. As Bob explains, this credit/economic bust is just like all the others, only potentially much worse. This is great news for the US Dollar and eventually gold. But it's bad news for tech stocks and the rest of the economy. Bob believes that this ultimate credit bust will lead the world to head back to a gold stand and that's a good thing. Gone will be the days of financial engineering by the world's inept conflicted and compromised central bankers. Sound money is just a digital printing press away.  Visit FSN and subscribe to our newsletter: https:/financialsurvivalnetwork.com  This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

During the meeting, Kerry Lutz and Eddie Seidel discussed the recent job numbers and consumer credit. Eddie pointed out that the added jobs are lower paying and without benefits, and they discussed the potential impact of high levels of consumer credit on the economy. Eddie suggested being cautious with investments and hedging in sectors such as manufacturing, energy, and utilities. They also touched on the narrowness of the market and the potential for a come-to-Jesus moment with valuations. Eddie suggested that the economy may not be as strong as people are touting it to be, and that the feds may take a pause or skip an interest rate increase. They also discussed the potential impact of inflation and the importance of being cautiously optimistic. Visit Eddie at: https://EGSIFinancial.com Visit FSN at: https://FinancialSurvivalNetwork.com  This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

During the meeting, Kerry Lutz and John Rubino discussed various economic and political issues. They talked about the possibility of Europe being in recession due to revised data and how it could affect the ECB's policies. They also discussed the potential triggers for the next recession, such as the student loan crisis and predatory practices of credit card companies. The real estate bubble in China and the impending crisis that is likely to occur due to massive youth unemployment and defaults on mortgages was also highlighted, along with the potential impact on the global economy. Find John Here FSNThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement