Kerry Lutz's--Financial Survival Network

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Summary: The market has been up and down but it’s far below its peak. Is it going lower? Dee Carter comes on the show to talk about this, and he hones in on the energy sector. He explains that the fourth quarter won’t be quite as high as previously thought, and Natgas is particularly high right now. Tune in for more insight. Highlights: -The energy sector presents much value to Dee’s clientele -Look for things that pay high dividends, and the assets you can invest in comfortably -Devon industry has done well in the last few months -The fourth quarter won’t be as high as we anticipated -High dividend stocks are good under the assumption that companies are going to keep paying high dividends -Natgas is so high in the US because of exporting -Other sectors are in trouble, but energy looks positive Useful Links: Financial Survival Network Carter Financial Group

Summary: Volatility is up and energy prices are going crazy—especially in Europe. Are precious metals poised for major advance? Technical analyst Jordan Roy-Byrne comes on the show to discuss what’s happening with precious metals, and points out the cyclical similarities between precious metals today and their behavior back in the early 70s. It seems that peaks in precious metals are followed by recessionary conditions a couple years later, and their behavior is directly linked to the Fed hiking rates. Tune in for more interesting insight. Highlights: -Volatility is up and energy prices are going crazy. European energy prices are at crisis level -Are precious metals poised for a major advance? -There are a lot of cyclical similarities between what’s going on today and what happened between 1969 and 1971 with the recession and metals prices -This was when inflation first became a problem and the Fed had to tighten -Everything in precious metals peaked two years ago, and now we are seeing a recessionary environment and extreme inflation -The best moves in the precious metals were in the 70s and 2000s -We had a technical recession in the first half of this year and we will probably see growth in this quarter -It’s just a matter of time before the stock market moves lower, and the Fed will be done hiking rates -A new precious metals bull market will most likely begin -You’re not in a real bull market when the stock market is still going higher -On a near-term basis, there is a concern that gold could come down a fair bit -The market is going to trend higher over the next 15 years -In the bigger picture, Jordan is not concerned -Sentiment is really negative at the moment -We’re in good shape because we’re nearing the point where the Fed is going to have to stop hiking -Fundamentally, for precious metals, it comes down to when they’re going to stop hiking. This is going to launch [recious metals through a really good rebound -The dollar is impacting what’s going on in the bond market -Foreign central banks/governments are selling their treasury bonds to get dollars (they have dollar dominated debts) -The Fed follows the market; ignore all this talk, and pay attention to what’s happening in the market Useful Links: Financial Survival Network The Daily Gold

We were very pleased to get a sponsor update from Torq Resources' CEO/Chair Shawn Wallace and Chief Geologist Michael Henrichsen. A lot of news has been coming out of Chile and Torq. First we covered the recent Chilean constitutional referendum, which was defeated by a large voter margin. CEO Wallace was never too concerned as the media’s perception didn’t reflect Torq’s experience there on the ground. Next we discussed Gold Fields’ (NYSE: GFI) recent C$15 million dollar investment in Torq (at a 23% premium to market) which marks a major milestone. Gold Fields is a major 1+ million ounce annual producer and has been conducting a very aggressive investment and acquisition strategy to keep its reserves stable. As a result, Torq is now better funded than many of its peers; its projects are progressing very quickly. Chief Geologist Hernichsen gave us an overview of the recent the Margarita project discovery. As a veteran of numerous discoveries, he still loves the thrill of a new major discovery. The grades were extremely high with 90 meters of .94% copper and .84 g/t gold. Henrichsen was quite surprised by the gold component, as it was completely unexpected. And it could be just the tip of the iceberg, as more drilling may reveal even better results. Flush with cash, drilling is continuing at a break-neck pace. Like everywhere in the world, assay lab results are trickling in. Both Wallace and Henrichsen acknowledged the contribution of their world-class Chilean team; it was instrumental in the find and the team is really hitting its stride. Wallace mentioned that Torq is blessed with an “abundance of riches.” Most companies would be content with just one of these potential “company-maker”world-class projects, but Torq has two! Despite the negative macro economic outlook and geopolitical ills, things have never looked better. The copper supply situation is rapidly tightening and there’s a race to find new supplies. Torq’s unique and improved position means that its projects are expected to lead to large future shareholder gains. Company Website: www.torqresources.com Ticker symbols OTCQX: TRBMF — TSX.V : TORQ

Summary: What can you do in this environment to protect your wealth? David Stryzewski comes on the show to talk about this. For the last 50 years, things have been stable, but now it looks as if we’re headed into a hurricane while flying autopilot. This is because we’re not fully internalizing what is taking place, and all of the information we get from the Federal Reserve is in hindsight. In order to make real, valuable, change, we need to look to the future. Tune in to find out how you can do so. Highlights: -The market is really iffy right now; if it breaks through here, we could see a major decline -The dollar is at record highs -We’ve seen major turmoil and disruptions throughout history, but for the last 50 years, things have been stable -When something like a hurricane comes, we have time to anticipate it and prepare -Right now, we’re seeing the convergence of many cross winds—things coming together at a unique time in history -We need to analyze and internalize what’s actually taking place if we want to do something that will make a difference for our circumstances -Inflation is a real thing that is affecting everyone—it’s supposedly going down, but food and energy have been fueling this and have been tapering back -Interest rates are the other part of this equation, and they’re changing. This is a problem for people buying a home and businesses trying to metabolize -The Federal Reserve can focus on the demand portion, but they can’t affect the supply side -It’s important right now to pay attention to corporate earnings; they’re going to have to come down -All of the information (i.e. CPI) is in hindsight -Geopolitical components are significant, and are changing rapidly -We’re seeing a time frame where everything is changing; there is a hurricane in the distance, and we’re flying into it on autopilot. We need a ‘pilot’ that understands what’s happening, and can help us navigate through this situation -David is not excited about corporate bonds, and doesn’t want to own a big mutual fund that has a little bit of everything - this means it has the good and the bad -There has never been a better time to own a fixed index annuity -Silver actually gets used more -Miners have an opportunity to do some wonderful things Useful Links: Financial Survival Network Sound Planning Group

Summary: There was a big pullback in the markets right before the holiday, and it seems as if the best move right now is to try and protects ourselves. Angela Sloan, Founder/CEO of Sloan Financial, comes on the show to explain the Fed’s next moves. Rates keep rising by more points than ideal, and inflation continues to affect everyone involved. Tune in for more insight on what’s to come. Highlights: -We saw a big pullback in the markets right before the holiday -All we can do right now is try to protect ourselves -The Fed is probably going to raise rates another three quarters of a point—which is their only defense against inflation. It is a domino effect, however. -Energy prices have gone down, but not enough. What happens when the reserves run out? -Inflation affects everyone, and especially those on the lower end of the financial spectrum -Look at your big company value stocks, and if it’s at a good value, it may be the time to buy in -The market is over 400 points today, so there are people buying right now Useful Links: Finanaical Survival Network Sloan FInancial

Summary: Wondering how to deal with volatility and protect your gains defensively? David Jaffee comes on the show to discuss some strategies for trading based on how the market is progressing. He suggests that people hedge and take the opposite side, and also recommends buying elongated put options. This, in addition to taking the contrarian standpoint when investing, can help to reduce your portfolio volatility. Tune in for more insight. Highlights: -How do you deal with volatility? Should you put everything into cash or look for alternative strategies? -What is a poor investor to do, and how do you protect your gains from the last few decades defensively? -People need to make sure that they hedge and take the opposite side -It’s wise to end up buying puts -You can buy elongated put options that are two years in duration, which will reduce your portfolio volatility -It’s good to be a contrarian. When everyone is scared, it could be a good time to buy shares -Similarly, when the stock market goes up and people are euphoric, disciplined investors are buying protection because the market goes down a lot faster than it goes up -As long as you don’t trade too big, you’re safe -When the market is oversold, it’s better to buy elongated call options -In this moment, the risk-reward is favorable for buying elongated call options Useful Links: Financial Survival Network Best Stock Strategy

Summary: Elliot Fixler comes on the show to share his story and discuss his book, Full Circle, where he talks through the journey of finding his identity. Oftentimes we don’t ask questions about history—specifically our own pasts—and this can be very hindering. Elliot explains his grapple with this emerging from a family that lived during the holocaust, and his story is incredibly moving. Tune in for more information. Highlights: -People try to erase, cancel, and ignore history -When you understand history, you can learn something from it -Elliottis a recovering attorney from New York, and comes from a fascinating background. Born in 1944, World War II was winding down as Elliott came into the world -Elliot and his Mother eventually got out of Budapest and relocated to Buffalo, New York -One of his motivations for writing the book was that he didn’t ask a lot of questions about his origins/his mothers origins, and he wishes that he would have -Elliot grew up thinking that his step-father was his biological father, but this was not true -His real Father died in the holocaust, or at least this is the account he was told, but he never asked any questions -Attorneys learn to analyze everything, which needs to be taught more in this day in age Useful Links: Financial Survival Network Full Circle

Summary: If you’re looking to close the holes in your financial bucket, you’ve come to the right place. Douglas Eze comes on the show to talk about some of the ways he helps business owners acquire the guidance/education to achieve financial success. Although our concept of “financial success” has changed over time, people want to collectively protect their income and keep more of their money whenever possible. Tune in for great advice from Douglas. Highlights: -Douglas’ goal is to provide business owners the guidance/education to achieve financial freedom -Our working definition of financial freedom has changed -Douglas aims to help people close the holes in their financial bucket—analyzing each area of their finances and determining what people are doing wrong -He frequently sees issues arise with paying mortgage -Taxes are generally your biggest expense. If you can find a way to spend less of your earned money on taxes, then you can improve your finances -Postponing taxes doesn’t help either -You have to adopt a different mindset of viewing your income/finances -You have to think outside the box; what used to work doesn’t work anymore. People have lost lots of money in their 401k. The key is being able to protect your money Useful Links: Financial Survival Network Largo Financial Services Have Money Forever

Summary: High natgas prices are directly related to what’s happening in Europe. With $10 natgas and the potential for even more surges in price, it’s helpful to get an insider perspective on what’s happening. Grant Norwood, Founder of Norwood Energy, is at the forefront of these energy problems and explains some of the variables that make this energy market different from anything we’ve ever seen before. Tune in for expert insight. Highlights: -The high price of natgas right now is directly related to what’s happening in Europe -We’re seeingt $10 natgas and could potentially go a lot higher than that -Grant’s company, Norwood Energy, is at the forefront of all of this -Why is this different than any other energy market we’ve seen in this country before? -There are many shortages in other countries, and we’re exporting a lot of natural gas. We had a warm summer with 2 devastating winters, and a lack of investment in drilling and exploration over the last couple of years -The labor shortage for drilling oil and inflated cost to drill a well are also contributing to this problem -We’re probably headed back to where we were in the middle of the second quarter -Oil is a boom and bust business Useful Links: Financial Survival Network Norwood Energy

Powell's Friday speech: Tightening will continue longer than the markets expected. Stocks tank.  Housing is rolling over big time.  Europe's energy crisis is shutting down big parts of its economy. Austria's largest energy supplier, is insolvent — requires 1.7 billion euros to remain liquid, according to local media. The raid on Trump's house was either brilliant or stupid, depending on the objective.  Gold and silver are languishing while all of the above gets sorted out. Lots of bargains in the mining space. Meanwhile, tons of bullion is being taken off the market by central banks and investors.   Uranium is taking off as everyone restarts their mothballed plants.

Summary: As the stock market has corrected, we’ve found that crypto is not the safe haven that many investors assumed it to be. Here to talk about this is Eddie Yoon, specializing in business growth strategy, and he explains the relationship between cryptocurrency and the rest of the market. While gold and real estate may not move in sync with the stock market, Bitcoin is a different story. Tune in for more insight. Highlights: -Inflation numbers are a little less devastating than they were last month, but they’re still going up while consumer sentiment goes down -Cryptos and Bitcoin are at a high, but overall, the charts look negative -The job market still appears to be holding fast and strong; is the consumer sentiment wrong? Or is there more going on beneath the surface -Eddie says that more than one thing can be true at the same time -Things like travel have helped keep the economy going 
-Inflation should be coming down towards the end of the year -A lot of this is the Fed over-responding (i.e. temporary supply chain shocks) -The consumer has figured out that trusting large institutions is a risk -We’re going to see a dramatic shift away from classical employment -With cryptocurrency, the major consideration is whether you want to put your trust in the US government or not -The native digital lifestyle has become extremely prevalent, and we’re likely to trends that reflect in where people choose to live -People have recently discovered that cryptocurrencies aren’t necessarily a non-correlated asset -When the stock market goes down, things like gold or real estate might not go down with it -As the stock market has corrected, crypto has as well. It is not the safe haven that people thought it was -Those who had invested in crypto from a diversification theory had a rude awakening -Cryptocurrency has not proved to be functionally useful yet because of its volatility, but we’re still in early innings Useful Links: Financial Survival Network Eddie Would Grow

Summary: Inflation continues unabated in the US and abroad with no signs of it coming under control, and this is very prominent in the gold market. The owner/President of Miles Franklin Precious Metals, Andy Schectman, comes on the show to give his perspective regarding what is next for gold in light of increasing rates and fluctuating currency. We’re entering a system dominated by commodities, and this has many implications for the future of gold and the economy. Highlights: -Gold took a bit of a hit, and inflation is going up -The ideal of every nation is being able to print as much money as needed while keeping inflation down; this inevitably requires dishonesty -Politicians always choose inflation over austerity -GDP has contracted two quarters in a row, and if it weren’t for the lying statistics, the numbers would look a lot different -The relationship between the supply/demand of the East and West is breaking down -We’re entering a system dominated by commodities Useful Links: Financial Survival Network Miles Franklin

Summary: How much further are rate increases going to go, and what effect is this phenomenon having on housing? Mortgage expert Debbie Bloyd comes on the show to talk about this topic, and amidst the shifting conditions of the market, she is still seeing many successful closings and business growth. The market has become a bit more tame, which means that we can expect to return to a pace that we’re used to. The current circumstances have caused buyers to re-evaluate what they can buy, however, with many being less qualified to afford higher priced homes. Tune in for more information. Highlights: -Rates are up and going higher -When Jerome Powell speaks, markets listen, and markets take notice of the rate increases as well -How much further is it going to go, and what effect is it having on housing now -There is a lot of movement still out there, despite rates bouncing around -The market is more tame now, and we’re probably going to return to a pace that we’re used to -Less people are qualified to afford the homes they want, and people are changing what they can buy -We’re seeing exoduses out of certain states -The building of a house is going to take six months to a year and a half now; we still have shortages of labor, but we’re gradually gaining the surplus back -Demand is high at the moment, and people are waiting for prices to come down—which is not going to happen any time soon -It’s important to be able to make adjustments and buy what you can afford Useful Links: Financial Survival Network DLB Mortgage Services

Summary: Have you given thought to the digitization of carbon markets? Ben Jeffreys, the CEO of ATEC comes on the show to discuss carbon credits and how this concept contributes to the renewable energy transition. ATEC’s mission to decarbonize cooking is just one of the strategies that can aid in offsetting emissions, and the results of these moves towards renewable energy could be seen as early as 2040. Tune in for more information. Highlights: -What do we think of digitization and carbon markets? -Carbon credits underscores a lot of what we don’t actually know about carbon emissions and digitization -Carbon credit is essentially the ability of offset your emissions and pay for that privilege -We’re trying to transition our entire energy structure, which is no small feat -Most energy transitions, historically, have been taken care of by the market -Is it worth bankrupting the world to go about this transition, or do we let the market take care of it? -If you look at what is happening now, the market is already taking care of this transition -How do you make money off of this? Many companies have committed to the energy transition to renewable resources -What does a carbon credit go for? It fluctuates, but it’s sitting around $9-$10 per ton -2040 is probably a realistic goal for when this transition will come to fruition -Globally, we are trying to bring universal access to energy -The transition is not coming because of government policies, but in spite of government policies Useful Links: Financial Survival Network ATEC