Kerry Lutz's--Financial Survival Network

Summary: Regardless of what the Fed does in terms of rates, we are going to face inflation for years to come. To analyze some of the consequences of the intense money supply increase, I chat with Miles Franklin CEO, Andy Shectman. Whether rates are increased or not, we find ourselves at a stalemate—the two possible outcomes being depression and hyperinflation. With the fragility of our currency, it becomes particularly important now to diversify your assets and invest in the precious metals. To learn more about the advantages of the metals—especially in the current circumstances—be sure to tune in to this episode. Highlights: -Mortgages are up over 6% on 30 year fixed mortgages -Regardless of what the Fed does, we’re going to have inflation for years to come -Gasoline and food aren’t included in the CPI -If they raise rates, it’s death by depression, but if they don’t raise rates, it’s death by hyperinflation -Electricity rates are going to double in the next 18 months -As rates rise, the everything bubble has to eventually correct -Stocks, bonds, and real estate are all inversely correlated to a rise in rates -The weaponizing of the dollar is concerning for other currencies -Gold looks like it could go substantially lower in the near future; right now, gold is up about $12 while everything else is down -Gold is doing what it’s supposed to by way of preserving purchasing power Useful Links: Financial Survival Network Miles Franklin

Summary: Today’s episode is crucial for parents and grandparents looking to contribute to the financial literacy of future generations. Paige Afendoulis is releasing a book titled My Dad’s Class that addresses strategies for educating our children on smart spending, saving, and investing. Drawing from firsthand experience, she emphasizes the importance of implementing simple and consistent lessons about money at an early age, which can set your child up for later success. Tune in for more tips, and for an inside look at the premise of Paige’s book. Highlights: -Paige has a book coming out about financial education for children titled My Dad’s Class -She learned at a very early age about the importance of learning about banking, investing, and credit -Starting children early and establishing consistency with banking and accounting is crucial. Practicing these things often is key -It’s important to have frequent conversations about finances, and to have kids be involved in family budgeting -Distinguishing between wants/needs and understanding family values are critical money lessons -Use props and examples, and make the lessons tangible -Encourage your children to set goals -Delayed gratification trickles into financial skills—teaching kids to wait rather than to act on impulse Useful Links: Financial Survival Network My Dad's Class

Summary: In this episode, I chat with Joe Robert—Founder and CEO of Robert Ventures—about digital assets and the prevalence of technology in business. As companies become increasingly geared towards tech as a means of efficiency, our global economy is experiencing a similar shift. The real question is, how do we to trust an asset wherein its value exists in the medium of the web and lacks a predictable progression? Tune in for Joe’s take on these considerations that must be acknowledged in the digital age of economics. Highlights: -As of Monday, the 500 wealthiest people in the world lost $206 billion -The world cannot survive without the rich -Joe is primarily invested in digital assets (i.e. cryptos) -Over the last decade, he has noticed the prevalence of technology in business; many companies are geared towards tech -Software helps create things that are more efficient, removing the middle men from the equation -To validate the worth of your NFT, you have to have confidence in the way it is backed by the blockchain, which shows evidence of ownership -Cryptos have gotten slaughtered -Bitcoin trades purely on emotion, and you can’t anticipate the market -The Fed wants to raise interest rates to bring down inflation, which hasn’t worked well so far -The goal is to out-pace inflation, which makes it important to be involved with some sort of asset Useful Links: Financial Survival Network Robert Ventures

Summary: How do we survive the carnage in the markets? Alejandro Szita urges us to turn to real estate, which behaves differently than many other investments and has potentially promising outcomes in our tumultuous economy. Commodity prices going up allude to future home values going up, which makes real estate a sector worth exploring and investing in. Tune in for more expert insight. Highlights: -It’s the day after carnage in Wall Street. The question is, how do we survive this? -Peak inflation is not here, but rather, it is down the road -Is real estate a hedge against inflation, or is it just like any other investment? -The real estate market has confusing signals; it is driven by demand and interest rate -Increasing rates have had an interesting effect on real estate -On a large loan, 2% makes a huge difference -In California, governments have been restricting the supply of homes; officials have varying intentions -Housing doesn’t behave the same in every county—each market is local -It’s important to focus on what you can control, such as how you spend/leverage your money -Real estate is still a way to leverage your income and acquire an asset -When cash flow is going down, your future bill is going to be small -We discuss the different between rate and volume of interest -We talk about what is referred to as inflation-induced debt destruction -As the price of commodities that make up your home go up, the price of your home after inflation also goes up Useful Links: Financial Survival Network Prosperity Lending info@prosperitylending.us

Summary: Markets are still down after a turbulent Monday, which leaves us with a lot of questions. Is the Fed going to do what they say, or will they be forced to back off? I have David Stryzewski on the show to discuss the Fed’s potential decisions in consideration of inflation and the markets. David emphasizes the importance of investment strategy amidst economic uncertainties, so be sure to listen to this episode for some valuable perspective. Highlights: -Inflation is at forty year record highs -The Fed now has to raise rates even more -Our economy is strongly based upon the housing market; housing is a lagging indicator of our economy’s direction -A lot of the numbers we’re getting are 90 days in the rearview -Hotter markets are seeing the benefits of the great migration -Is this a better time or worse time for foreign treasuries to start purchasing US real estate? This puts the United States on sale for the rest of the world -Look at buying cryptocurrency as purchasing technology, or an algorithm -The world is moving towards decentralization and smart contracts, which the Web3 space enables -A no-fossil response produces inflationary environments Useful Links: Financial Survival Network Sound Planning Group

Summary: Regardless of what asset you own, everything is getting sold today. I have Craig Hemke on the show to discuss this phenomenon, as everyone is beginning to exit the markets in a panic. The damage being done is nothing we will bounce back from immediately. Is there still hope? Tune in to this episode for more expert insight. Highlights: -If there’s a bid he can sell into, Craig’s first choice is to sell -The bond market is selling off almost uncontrollably at this point -The Japanese Yen is imploding -The damage that’s being done to people’s wealth and the economy does not simply turn around -Wages aren’t keeping up, even with the understated inflation -A reset is coming -With the current state of resource, you can’t assume everything is always going to be there Useful Links: Financial Survival Network TF Metals Report

Summary: In consideration of the markets getting slaughtered, where is the best place to put your money? Toni Patillo comes on the show to talk about the real estate market, as the primary constant in today’s economy is real property. In order to be successful in real estate, however, it’s crucial to understand where you’re investing, and where this particular area within the market is headed. Tune in for more insight. Highlights: -There is a discrepancy about where true wealth comes from; is there a way to reconcile the two sides? =There are always fluctuations in the market, and the one constant is real property -In light of the record gains we’ve seen in real estate prices over the last three years, there have been unsustainable high prices and increasing rents/mortgages. The real estate sector is bound for carnage -If you’re just getting into real estate investing, do you stay the course? -Many people are waiting for prices to come down, but it doesn’t look like this will happen any time soon -It’s all about location, or where you’re investing, and how much equity you have in the property -It’s a tough market to flip a house -Labor and materials can have a huge impact on your bottom line -For those who want to get into real estate, the objective is long term gain Useful Links: Financial Survival Network Toni Patillo

Summary: The dollar isn’t doing too well under our democratic presidency. With that in mind, it’s important to think about inflation and how this dictates the future of many commodities. Here to talk about this is Eric Hadik from INSIIDE Track Trading, and he provides a technical analysis of commodities—specifically in regard to how they will pan out later this year. Tune in to hear why commodity price inflation will most likely have a significant top in Q3, and other predictions that will help prepare you for what’s to come. Highlights: -Over 2 years ago, it was said that the dollar does better when democrats are in office, but the case seems to be different today -A governing Republican philosophy is that a lower dollar is better (increases exports) -During the Reagan administration, a strong dollar hurt some of the American economy -Eric’s predictions in 2016 about a top in the dollar led him to believe that a republican was going to be in office -From a commodity price inflation perspective (i.e. grains, key commodies) commodities are probably going to have a significant top in the September/October 2022 time frame, or in the cusp of Q3/Q4 -A high, however, doesn’t necessarily consist of one uninterrupted up-trend -The middle half of June will most likely be the next peak; energy markets will set a peak in the next 10 days, and Eric expects prices to come down -Precious metals are entering what should be their most advantageous period -There are isolated commodities that could still see higher levels further down the line -Discuss two major upside price objectives for natural gas -Natural gas could go substantially higher before it finds its level Useful Links: Financial Survival Network INSIIDE Track Trading

Summary: The markets have no place to go but down, and in response, everyone is piling out. How low are the markets, and how low is low enough? Chris Vermeulen comes on the show to put this concept into perspective. The current panic and uncertainty within the markets cause people to move to currency, which is one of the most effective ways to protect capital in these conditions. Tune in for more insight about where the markets are headed, and strategies to consider for the conceivable future. Highlights: -It’s a bloodbath today across the markets, and we haven’t seen this panic since 2021 -The problem with panic is that everything goes down (i.e. commodities, precious metals) -Even if people don’t want to sell their positions, they have to -When people are nervous, they move to currency -We could still continue to see a pretty big drop and more volatility; there is still a lot of downside -Chris predicts that we’re entering a multi-year bear market in equities -Protecting capital and moving to cash is one of the best things you can do -As price goes down, liquidity goes down; gold is getting slaughtered and silver is down $1 today -We’re seeing signs of even lower prices to come -You can avoid the bear market by moving cash and can take advantage of some of these opportunities -We’re coming into a time where big money is made on advances and declines -The commodity super cycle could be in effect for the next 3-5 years -Expect to see a couple of large hedge funds bite the dust -No one should be holding assets that are falling, and it comes down to managing positions and risks Useful Links: Financial Survival Network Technical Traders

In our latest report, we outline the main reasons why electricity prices will double in the next 18 months. We also explain how you can lessen or mitigate these affects by using the futures markets to cushion the blow and offset higher costs. Anyone can do it, whether you're buying options, futures or just resource stocks, like oil and gas producers. It's what the big companies have been doing for years. How come Southwest Airlines' profits never seem to get hit by higher jet fuel prices? Simple, it's because they buy their fuel in the forward market when they're trading cheaply. You can do the same. Always have a plan in place for when the government messes up, which they do all the time. www.FinancialSurvivalNetwork.com

Summary: There are numerous negative trends surfacing in the economy, so I sit down with John Rubino to discuss some of the greater issues that need to be addressed, and have yet to be solved by the government. Some of the most pressing problems at the moment lie in energy; we are tight on resources and, as a result, other industries (such as agriculture) are suffering. In this episode we cover resources, public policy, and crises taking place around the country—all of which necessitate awareness and a plan for improvement. Highlights: -There are lots of interesting trends taking place -Stocks are calmer now in terms of headlines, but there is a lot happening under the surface—especially in energy -Natural gas is through the roof and went up almost 10% in one day -We’re somewhat tight in energy -The destruction of our food processing plants continues -10% of what we ascribe to supply chain difficulties is actually normal -The last shortage of anything was with oil in the 70s -Biden is raising the amount of ethanol in attempts lower gasoline prices, but this takes corn off the market -We use natgas for a lot more things than we used to -Public policy doesn’t seem to be addressing today’s problems -We discuss the need for change in law and order
-Big policy is corrupting great cities -We need a program that addresses the mental health crisis in the country Useful Links: Financial Survival Network Dollar Collapse

Summary: Derek Bullen’s In Defence of Wealth emphasizes the implications of an economy without wealthy individuals. In the absence of kingdoms, becoming rich in America is a more equal opportunity game, yielding a new list of wealthiest people with every generation. Modern wealth extends beyond merely inheriting money, and greatly contributes to the functioning of the economy; truthfully, societies would not be the same without it. Tune in for more insight. Highlights: -‘Rich’ is a fleeting concept; 70% of the billionaires and 80% of the millionaires in America today made their money from scratch, within their own lifetime -Every generation has a new list of wealthy people, or a new set. It is difficult to inherit this wealth -Certain businesses that were promising for a long time still have the potential to fail (i.e. Blockbuster) -In order to generate wealth, you have to create something that has a purpose and will not be easily surpassed/replaced -Many people have left the energy sector -We need to ask why we’re still buying oil products from countries that enact major human rights violations -We’re using resources for fuel rather than food/agriculture -Capitalism helps to bring people out of poverty; free trade allows for money to move more freely Useful Links: Financial Survival Network Derek Bullen In Defence of Wealth

We sat down with Fury Gold Mines’ Chairman Ivan Bebek and CEO Tim Clark for a sponsor update. Fresh from the recent C$11 million marquee investor financing and the Dolly Varden Silver transaction, they were both extremely positive about Fury’s future. Chair Bebek is redefining his role at Fury, leaving the board to become a strategic advisor, so he can devote his expertise to several other companies he helped found. CEO Clark has firmly taken control of the reigns and has big plans for the future. While assay lab results are due in any day, the drills are about to start turning again. Four holes are planned for Eau Claire’s Eastern Extension and three to four holes for the Western Side Hinge. Additional holes will be drilled once more is learned about the sites’ geology. The Percival project, located 14 kilometers to the east, has also been targeted for drilling. Clark believes that there’s great promise here, which was missed by an earlier historic drill program. But perhaps the most compelling case for Fury is its relative undervaluation when compared to its peers. Fury trades at just $29 per ounce in the ground, versus $72 per ounce for similar companies (according to Beacon Securities). At a $105 million market cap, comprised of $56 million in Dolly Varden shares and a large cash position, Fury’s enterprise value is a shockingly low $35 million, making it a true value play. CEO Clark bought shares in the spring and is looking to acquire more. While being a resource investor the past 18 months has been painful, supply shocks are coming and that will be a major driver to the sector, which is why we patiently hold our shares. www.FuryGoldMines.com Ticker symbol NYSE American/TSX: Fury

Summary: Is the Twitter acquisition by Elon Musk going to happen? Or is it a strategic effort to scare the government/media elite? Eddie Yoon comes on the show to talk about Musk and his agenda for Twitter—most likely fueled by the goal of creating a larger, unified network for Internet users. For a detailed discussion of Elon Musk, Twitter, Tesla, and how a powerful individual is greatly influencing the economic scene, be sure to tune in to this episode. Highlights: -Musk feels very strongly about protecting free speech, and sees Twitter as a great medium for freely expressing thought -He believes that he can increase cash flow/profits and make Twitter more valuable -He sees a world that is dramatically better when a big platform (such as Twitter) realizes its full potential -Whether or not he has the means to elevate Twitter in this way is still in question -A board position is glamorous when all is well, but it is a very serious and demanding position -Musk is seeking to change Twitter’s advertising -Twitter will most likely become a mega, unified platform Useful Links: Financial Survival Network Eddie Would Grow Eddie Yoon Twitter

Summary: Inflation is alive, well, and prospering; how do we effectively engage with these economical conditions? Phil Streible comes on the show to talk about how we can invest in inflation with commodity prices. In order to accurately gauge where the markets are going, it’s crucial to observe which commodities were affected by the pandemic, and how they will either bounce back or further deteriorate as a result of inflation and supply/demand. Tune in for more expert insight. Highlights: -The inflationary spiral is coming upon us sooner rather than later -By any measure, inflation is alive and prospering -There is a way for you to invest in inflation, and this is through commodity prices -Food and energy specifically hit consumers with the rise of inflation -The last time natgas was this high, we were in entirely different conditions with the strike of a major hurricane -The government may not encourage production, but will rather step out of the way so that things can get done -We’re seeing huge production increases out of Canada -Eventually politics will yield to reality -Natural gas is far more important to the economy than it was back in the 70s with the oil embargo -The inflation problem cannot be solved by raising rates; when it comes to food production and livestock, there are other factors that impact these things -EVs are not an escape from power problems -Copper is still trading 10-15% under all-time highs -The takeaway on copper and oil is that the pandemic came with the all-time low of copper, and has not been the same. It’s important to look at what commodities were affected by the pandemic -Demand will continue to increase and supply will decrease; mining costs are high -The higher commodity prices go, the more pain they inflict on the consumer Useful Links: Financial Survival Network Blue Line Futures