Kerry Lutz's--Financial Survival Network

Summary: Michael Moor comes on the show to talk about the S&P and the overall market. He’s predicting that we’ll see some choppy, downward movement in the next few weeks. With gold, we’re also experiencing consolidation, and Bitcoin is on a trajectory to potentially go into negative territory. Tune in for a comprehensive, analytical overview of the markets from Michael. Highlights: -Markets are volatile; many people have suffered losses -With the S&P, we are now in a bearish corrections -We’ll probably see some choppy, consolidated, downward movement -You should always know where you want to get out if you’re down -We’re heading towards $10 Natgas; it’s broken above significant levels over the last ten years -Gold is in consolidation—testing a bearish pattern down below -We had broken below a significant number, but then traveled beneath that number and couldn’t move up -We’re sitting on a bearish formation -Bitcoin is below a significant bearish formation -Bitcoin could go into negative territory -We could be in the last stretch -The market can turn in four different ways Useful Links: Financial Survival Network Moor Analytics

Trillion Energy’s CEO Arthur Halleran joined us for a much-anticipated sponsor update. The company is fresh from a C$22.5 million massively oversubscribed offering and how has the cash to start spudding wells. Halleran recently visited Turkey to accelerate the project and expects the first wells to be spudded later this summer.  A lot has happened in the past 18 months. Turkish natural gas prices have more than tripled to $21 mcf and the expectation is that they will go higher still in the months ahead. There’s no end in sight to the Ukraine war and Russia has drastically curtailed European gas sales. A cold winter could lead to dramatically higher prices and Trillion is poised to profit from it. The plan is to eventually have at least 17 producing wells. While the SASB field was a prodigious producer in the past, new technology and drilling methods should lead to record production for many years ahead. Best of all capex will be low as existing infrastructure replacement according to Halleran is over C$500 million. The company’s Bulgarian project was on the backburner till recently due to the global pandemic. It has worked to Trillion’s advantage. The company now has optionality, it can use SASB cash flow to finance production, or it can bring on a production partner. The profit potential is clear with gas now trading at $22 per mcf and Russian induced shortages are prevalent.  We’re still extremely bullish about Trillion and continue to hold shares.  Company Website: www.TrillionEnergy.com  Ticker Symbols: OTC: TRLEF -- CSE:TCF – Frankfurt Z62 

Summary: Credit repair expert Paul Oster comes on FSN to talk about the importance of paying off your debt—especially in our current economy. Since stimulus checks are no longer being issued, it’s time to re-acclimate and formulate a plan for debt free living. As rates go up, it will take people more money and a longer period of time to pay off debt. Once you create a plan to get out of debt, you’ll wish you had started sooner. Tune in for more insight from Paul, and visit his website for credit repair resources and coaching. Highlights: -The stimulus has run out, and defaults on housing are going up -Early on in a down-turn, we see 30-day lates with payments -We have to give people a chance to re-acclimate to reality -Consumers need to pay attention to their household budget -Middle to lower income families are the ones who are going to get hit the hardest -This is not a housing crisis at all—many factors have had a tremendous impact on all markets -The demand in housing is so high that it is driving prices through the roof -Most people in debt are not in a position to pay their current bills on time, and need to meet with a financial advisor -If we’re going to get out of debt, where is the money coming from? It ultimately comes from cutting expenses Useful Links: Financial Survival Network Better Qualified

We were joined by Tier One Silver’s CEO/President Peter Dembicki and SVP of Exploration Christian Rios for a sponsor update. The company is resuming its exploration program as the Peruvian rainy season has ended. The Phase one results at the Curibaya project were quite impressive. CEO Dembicki observed that, “… the company is at the start of a major silver discovery.” The company hit bonanza and high-grade silver in a number of drill holes. Exciting as these discoveries were, there’s every indication that a large copper porphyry deposit is lurking. To aid its efforts, the company brought in two world-class consultants to review the drill results and set the course for Phase two of the program. SVP Rios has laid out a strategy of doing more surface sampling to better develop future drill targets.   The company is also moving forward with its Hurricane Silver project and will be conducting geochemical and geophysical surveys at the Magdalena target area, where five mineralized vein corridors were identified with recent channel sampling results including 6 m of 239 g/t Ag, 1.21% Cu, 0.34% Pb, 0.15% Zn and 1 m of 605 g/t Ag, 0.26% Cu, 5.79% Pb, 0.21% Zn. A social access agreement was recently obtained here. It’s hard to believe that Tier One was formed a little more than a year ago. The results to date have been impressive, but the company is picking up the pace and more positive news is expected. Fresh from a C$6 million capital raise, the company is well-funded. It’s noteworthy that even in the depressed junior sector, investors enthusiastically ponied up additional funds to advance the company. With a world-class team and the proven ability to get the job done, Tier One’s future looks bright, and we’re among the company’s shareholders looking for a large return from our patience. Company Website: www.TierOneSilver.com   Ticker Symbols: OTCQB: TSLVF — TSX-V: TSLV

Summary: Energy prices have skyrocketed. Who is to blame, and are they going to improve? Jeff Petrash, a lifelong participant in the energy system, chats with me in this episode about natural gas and its centrality to today’s energy usage. Current natural gas prices are the product of multiple factors, including the pandemic and the war in Ukraine. This energy source must be understood from the perspective of supply and demand, and its infrastructure. Tune in for more expert insight. Highlights: -Natural gas has been doing nothing but going up, and is in the midst of a parabolic move—having a profound effect on the economy -Natural gas has become more important to the economy over the past 20-30 years than petroleum -Current natural gas prices are attributed to the war in Ukraine and the pandemic -During the pandemic, demand for natural gas lowered, so production was decreased -The demand has come back, but production cannot ramp up again quickly -The economist will say that the cure to high prices is high prices -We’re seeing double digit gas prices in Europe, and they’re going to want to cut back on their dependency on Russia as much as possible -ESG bandwagon has tried to divert investments away from fossil fuels -Does it make sense to build an infrastructure that won’t be needed in the next 40 years? -We have a relatively basic industry, but it’s not fully understood Useful Links: Financial Survival Network Jeff Petrash LinkedIn

Summary: New York Times bestselling author Sam Liebman sits down and chats with me about real estate; specifically, the we discuss the valuation of office buildings, which is rapidly decreasing. This is largely attributed to the pandemic. Many tenants stopped paying rent, and Sam predicts that valuation of office buildings will soon be lower than mortgage. With less people going back to work, this sector of real estate is looking barren. Tune in for more information. Highlights: -Interest rates have gone through the roof -The real problem is the technology regarding the effects on office buildings and retail -You don’t have to live in the city to do business in the city anymore -Manhattan office buildings are only 40% occupied—which is terrible for the valuation of real estate -During the pandemic, tenants were not paying rent -Soon, valuation will be lower than mortgage -We are probably going to see an avalanche of foreclosures. -Rents are going up, but so are operating expenses (i.e. insurance) -Governance has fallen victim to politics -Remote work is still very attractive to people considering employment options -Florida wants to cap the amount you can increase rents to 15% -If Florida doesn’t have an income tax, where is the money going to come from to build? It needs more infrastructure Useful Links: Financial Survival Network Sam Liebman

Summary: Author John D. Kuhns, an expert on Bougainville and the mining aspect, comes on the show to discuss the next big conflict that the US will have to face with China. Bougainville is going to become the newest nation, and its mining reserves approximate $100 million. In order to re-develop the mine, they’re going to need help financially and technologically. Tune in to hear what’s to come with Bougainville, the US and China, and the mining sector. Additionally, if you’re interested in John D. Kuhns’ They Call Me Ishmael, you can find it via the link to Amazon below. Highlights: -Bouganville is on the front line of what is expected to be the predominant conflict the US will face over the next decade—the conflict with China -Its reserves approximate $100 million -There is a lot of mining, but also a lot of poverty in this area -Bougainville is going to become the newest nation -Their constitution differs from that of Papa New Guinea -Bougainville’s mining/resource rules parallel the ones in the US -They need help financially and technologically to re-develop the mine -They Call Me Ishmael is John’s novel that discusses this topic -China is upgrading to a military involvement -A big problem is coming and we need to be financially/militarily prepared -China doesn’t always deal with their land properly or assess risk Useful Links: Financial Survival Network John D. Kuhns Wikipedia They Call Me Ishmael

Summary: I sit down and chat with Gerald Celente to go over some of the major problems in the US at the moment that could prevent us from future prosperity. He suggests that there is a need for freedom and justice—and unity above all—so that we can thrive as one nation. Additionally, we’ve been seeing many shifts in work environments, which in turn affects the real estate industry. Tune in for more perspective on US economic and governmental matters, and changes we hope to see in the near future. Highlights: -Gerald has an event coming up on July 23rd—it’s a peace and freedom rally that is free to the public -Gerald thinks we need to start a new party and unite for freedom and justice; otherwise, we risk losing power as a nation entirely -The concept of working from home is liberating to a lot of people—especially if you have kids to take care of at home -This trend will probably extend into education, which could help increase the quality of education -On the other hand, working from home damages the office building/real estate sector -Artificially, the dollar will be a strong currency Useful Links: Financial Survival Network Trends Research Institute

Summary: There’s a major storm hitting financial markets across the globe. How do you use this as an opportunity rather than fearing it? I sit down and chat with Mariusz Skonieczny, and we focus on the destruction that needs to happen in order for the economy to ever be able to heal. Trying to indefinitely put off economic pain never works. At the end of the day, we have to face things like recession to move forward, which entails fixing the supply chain and lowering prices. Tune in for more insight. Highlights: -This looks like a genuine bear market—many people out there investing have never experienced a bear -It’s a matter of who is going to survive the storm -We’re experiencing creative destruction; recessions often cleanse the economy, allowing it to heal -Trying to put off economic pain indefinitely never works -As the economy has progressed, there seems to be a belief that we can prevent recessions, but these are inevitable -Look for companies that provide a solution and are useful to society -The economy has to re-allocate its resources so that we can solve supply chain disruptions and stop price increases Useful Links: Financial Survival Network Mariusz Skonieczny YouTube

Summary: In this episode, we talk about the blockbuster supreme court case—the New York State Rifle and Pistol Association v. Bruin. This is a debate that goes beyond re-affirming 2nd amendment rights, and implies that virtually anyone can get a weapon. In the midst of tragedies as a result of gun violence and shifting views around guns, it is an important conversation to have time and time again. Tune in for more insight. Highlights: -This case goes beyond re-affirming 2nd amendment rights; it implies that virtually anyone can get a weapon -This amendment acknowledges rights that already exist; the second amendment expresses that you can bear arms at all times—not just in your home -There are a few regulatory schemes -You think courts are going to rule one way, but they often surprise you -It’s going to be a lot easier to get a gun and carry a gun Useful Links: Financial Survival Network

Summary: Markets are making a recovery; is it short lived, or is the danger trade still on? I sit down and chat with Dutch Masters from Carnivore Trading to talk about what to expect in the near future of the markets. We discuss what sides of the markets to anticipate, as well as particular stocks to pay attention to as time goes on. Tune in for more insight. Highlights: -We’re seeing many stocks still in a down trend—they’re trying to break out of this trend, but haven’t done it yet -We’re having to be selective and find special options -Elon Musk seems to be negotiating the price of Twitter; this may be profitable sector for people who are well versed in options -It’s not a matter of if he’ll buy it, but a matter of what the price will be -60% of our capital is defensive in inverse ETFs—playing the short side of the market -It always takes longer for real estate/home builders to adjust their price; this market takes a while to come around and reflect the true pricing going on -Dutch gives a list of stocks to watch Useful Links: Financial Survival Network Carnivore Trading

Summary: CC Lagator comes on the show to present a better method of trading—allowing investors to get better options for trade. One has to have a strong command of probability calculations to be successful in this industry, and Lagator’s company—Options AI—provides the resources to get involved in options. To learn about this profitable area of the market, be sure to tune in to this episode. Highlights: -There’s been a ton of market volatility, and it’s difficult to make money in these markets -The math for trading options is difficult -Options aren’t like equity or stock—there are hundreds of strikes in each stock -There is an options market maker on the other side when you place an options order -You have to look at the platforms themselves and the offerings of retail brokerage -At Options AI, about 75% of order flow is multi-leg options -You can theoretically make money with a market going sideways -The esoteric language around the industry almost seems intentional; it is a gate-kept industry that not all investors understand -For most of options trading, you need to be able to continually perform probability calculations throughout the entire process Useful Links: Financial Survival Network Options AI

Summary: In this interview I speak with Aaron Rubin, who specializes in tax and stock options. As a member of Werba Rubin Papier Wealth Management, he has a number of tips for minimizing eventual tax burden, and strategies for public and private entities. Be sure to tune in for insider information on options, especially if you want to save on taxes in the future. Highlights: -We recently heard about Elon Musk—with options in Tesla coming up. He exercised the options, which is taxable -Musk is probably sitting on some incentive stock options -Non-qualified stock reflects a difference on your tax return -It increases your ability to exercise incentive stock options for no tax at all -When you have an opportunity to sell stock, what stock do you sell? It’s important to look at what gets taxed -When something out of the ordinary happens, there’s a chance that there’s a great opportunity ahead -With public charities, you get the most bang for your buck -Private foundations have their own set of rules -If you know you’re getting stock, it’s important to exercise your stock options early -Early exercise allows for pre-purchase—making it yours on paper sooner. You can start being taxed by the IRS, and you get taxed at zero in the beginning. As the stock bests, you don’t owe additional tax Useful Links: Financial Survival Network WRP Wealth

Japan's central bank loses control of interest rates. Is this the future of the US and Europe? Cryptos are stabilizing, but other defaults are looming so the carnage might not be over.  Energy markets in turmoil -- Germany is rationing gasoline and reactivating old coal plants to offset the lack of Russian gas.  Heat waves are disrupting the US south.and midwest.s electric grids and killing homeless people and livestock. Another reason to expect food shortages and higher prices next year.  Electricity rates are set to double. Here’s why. Tesla raises prices again and again. Commodity price increases are being passed on to consumers which will have a huge negative effect on politics and the upcoming elections.

Summary: In this FSN interview, I chat with German blockchain expert Sergej Kunz—the co-founder of 1inch network—to unpack the latest happenings in cryptocurrency. We specifically focus our topic of conversation on NFTs, and discuss some of the various uses of these digital assets. They are digital works of art, but crypto experts are exploring how they could be used as passports, and for the tokenization of real assets such as apartments. Tune in for insight from a knowledgable figure who is helping to pave the future of tech and finance. Highlights: -The price of Bitcoin is at $20800 -The chart of Bitcoin for the year is nothing but red, and in the five year span it’s higher -The blockchain will continue on, but there are still problems to solve with it -This is the future—technology will be used more and more to exchange currency -NFTs can be used in different ways; they are like art -NFTs can also be used as a digital passport -It’s important to be able to prove that a wallet is owned by you -You can also tokenize real assets as NFTs, such as apartments -Platforms can charge a fee for people to buy/sell NFTs on it -It’s important to read and understand a smart contract before investing -Digital assets are changing the world and making the financial system more efficient -There’s a lot of busted trades on the market currently Useful Links Financial Survival Network 1inch