Kerry Lutz's--Financial Survival Network (general)

We sat down with Torq Resources’ CEO Shawn Wallace and Chief Geological Office Michael Henrichsen (🇨🇦 TORQ: 🇺🇸 TRBMF). Results were just announced from Torq’s phase III drill program at the Margarita iron-oxide-copper-gold project. With 14 holes spanning 3,862 m, the program has expanded the Falla 13 discovery and uncovered yet more mineralized zones within Margarita. They intersected 42 m of 1.1 g/t Gold and 0.48% Copper Near Falla 13 and 132 m of 0.48% Copper at Cototuda. Broad copper oxide zones were also found at the previously drilled Margarita corridor. No doubt more good news is on the way, with results from seven more holes expected shortly. 

Shawn expressed excitement over the project's potential given its strategic location near Copiapo's city, with high-grade infrastructure, and favorable conditions for year-round drilling. He remarked on the considerable value these discoveries added to Torq's Margarita project, with 2024 set to be an important year.

Michael emphasized the significance of the new findings. He highlighted the discovery of a parallel structure to the Falla 13 zone, and the promise shown by the Cototuda target. He stated that the Margarita's potential is a continuing story and hopes that it will become another shining star within Coastal Cordillera belt, which is already home to several large producers. Plans are underway to study the characteristics of both discoveries, and to explore the newly discovered zones near Falla 13 and the Cototuda corridor, alongside numerous other unexplored targets.

Very exciting times for the Torq team.

Visit the company’s website at https://torqresources.com/

Kerry Lutz and Martin Armstrong discussed various topics related to global politics, economics, and technology. They talked about the inefficiency of communism and the trend of militarizing and weaponizing worldwide. They also analyzed the cyclical nature of the economy, the strength of the dollar, and the potential for China to become the financial capital of the world.

Martin and Kerry warned about the dangers of government overreach, particularly in the realm of social media and information control, and emphasized the need for term limits in government and the protection of individual freedoms. Finally, they discussed the impact of AI and Elon Musk on society and the economy, including the potential for job displacement and the importance of curiosity in discovering new things.

Find Martin at:Armstrong Economics

Find Kerry at: FSN

Download Jim's charts here: https://bit.ly/48UDlNg

Jim Welsh from Macro Tides discussed the correlation between bond prices and the stock market, and how the negative correlation window is ending. He suggested that the formula of a 60/40 allocation to stocks and bonds is going to be problematic if we've entered a window of a secular bear market in bonds. Welsh also discussed the impact of rising inflation on consumers and the economy, and how the excess savings accumulated during the pandemic will be gone for most consumers by the end of September, which will lead to a slowdown in the economy. Additionally, Welsh predicted a pullback in the dollar, a weaker euro, and a rally in gold.

The meeting was an interview between Kerry Lutz and Eric Jackson about the early days of PayPal and its founding team, including Elon Musk, Peter Thiel, and Max Levchin. Jackson reflects on the historical significance of the company and the strong personalities that sometimes clashed but ultimately worked together. They discussed the challenges PayPal faced, including fraud and regulatory issues, and how it overcame them to become a success.

Kerry Lutz interviews Mark Raffan, the Negotiations Ninja, on the art of negotiation. They discuss the importance of preparation and strategy in negotiations, caution against making it your job to ensure the counterparty gets a win, and emphasize the importance of knowing what you want and breaking it down into negotiable items. Mark shares a real-life example of a negotiation that bombed due to getting stuck in the weeds and discusses the importance of understanding the total value of a deal over the lifetime of that deal. They also advise being direct in negotiations and visualizing the completed deal to have a clear vision of success.

Find Mark here: negotiations.ninja

Find Kerry here: FSN

Kerry Lutz interviews Kyle, the top realtor in the US in 2019, about the current state of the real estate market. Kyle explains that the market is currently in a stalemate, with demand tempering off, but prices and buyer demand not plummeting as expected. Rates are a big factor in the market, and if they were to be cut, there would be a massive influx of buyers.

Kerry Lutz and Brad Williams discussed the recent CPI numbers and the impact of inflation on investments and retirement planning. Brad recommended that retirees should consider alternative sources of investment that perform well during high inflation and allocate a portion of their assets to precious metals. They also emphasized the importance of de-risking and shifting towards income-oriented investments as retirement approaches.

Kerry Lutz and David Stryzewski discussed various economic and political issues. They talked about the latest Cpi number and inflation, with David explaining that the Cpi is not reflective of the average individual's purchasing power and that the government's printing and spending is causing inflation. They also discussed the complex economic and political landscape, including the potential for a government shutdown, impeachment proceedings against President Biden, and the Fed's upcoming meeting.

Find David at: myspg.com

Find Kerry at: FSN

Catherine B. Roy, a LinkedIn expert, shared her insights on how to use the platform to triple your business overnight. She discussed her success using LinkedIn during the pandemic and provided tips on how to position oneself as an industry leader on the platform. Catherine emphasized the importance of creating valuable content and using keywords and hashtags to increase visibility. She also highlighted the potential of LinkedIn and encouraged early adoption to reap the benefits of the platform.

Visit her at: https://CatherineBRoy.com

Visit Trillion’s Website: https://TrillionEnergy.com

Kerry Lutz interviewed Tony Saliba about Liquid Mercury, a derivatives software platform that focuses on security, safety, and speed and handles multiple asset classes, primarily digital assets. Saliba discussed the platform's ability to deliver a number of legs in a spread and the Merk token, which has two main value propositions for institutional clients and a rewards program for personal use. He advised traders to take a class and get familiar with crypto and to look at second-tier tokens that have been on their butt since the F Tx admission. Saliba also expressed his enthusiasm for options on crypto and the upcoming zero days to exploration for equities.

Visit Tony at: http://LiquidMercury.com

Kerry Lutz and Eddy Gifford discussed the recent PPI numbers and its impact on the market, with Eddy explaining that companies will pass on the increased costs to consumers who are already struggling with inflation. They also discussed the Fed's interest rate policy and the yield curve, and how it affects the market. Eddy advised investors to maintain flexibility and have a disciplined strategy that is rules-based, and to lean in when the trend is in their favor and cut their losses or implement stops and targets.

W. Craig "Bill" Reed, a bestselling author and executive consultant, shared his insights on the power of storytelling in corporate settings. He emphasized the importance of engaging the emotional and instinctual parts of the brain, using simplicity, structure, and emotional connection in storytelling. Reed also discussed how to apply these principles to presentations to large audiences or business-to-business accounts, and offered practical tips for crafting effective stories that resonate with customers.

• Israel adds to the sense that we're back in the 1970s. Will the US and Iran get involved?
•  The defense contractor stocks are up, of course. 
•  Oil had given up $8/bbl of its big run, but this morning it took half of that back. 
• The yield curve is flattening. What does that mean?  
• The UAW strike is widening and Keiser Permenante had a temporary strike that might resume if no deal is signed this week.  
• The weight loss pill story ...  
• Twitter is absolutely the only way to keep up with fast moving events like a war.  
• Biden is building Trump's wall as New Yorkers chant "Close the border!"
• Chaos in the Republican party, or politics the way it should work? 
• Visit John at https://Rubino.Substack.com

Kerry Lutz and John Rubino discussed various topics, including the potential for a global conflict due to the recent Middle East war and its impact on the global economy. They also warned of an impending financial crisis due to rising inflation, spiking oil prices, and geopolitical chaos. The conversation highlighted the need to consider the long-term consequences of relying on quick fixes and the importance of seeking out reliable sources of information in a world where disinformation is rampant.

Kerry Lutz and Eddie Siddell discussed the US job report, inflation, and market volatility. Eddie expressed skepticism about the job report, citing that the majority of the jobs added were government and low-paying hospitality jobs. He believes that the economy is not out of the woods yet due to non-recourse commercial loans and overspending, which could lead to inflation.

Kerry Lutz interviewed Tom Reber, founder of The Contractor Fight, about his experience in the home improvement contracting sector and how he helps struggling businesses turn their operations around. Reber emphasized the importance of a mindset shift for contractors to focus on marketing and sales, and the significance of small daily disciplines in achieving success. They also discussed the challenges of understanding financials and setting prices, the need for effective marketing and branding efforts, and the importance of daily sales efforts to maintain a steady stream of revenue. Additionally, they talked about the challenges of entrepreneurship, including the emotional toll it can take, and provided three actionable tips for boosting business and income: taking care of oneself, committing to building one's brand, and learning how to communicate effectively.

Find Tom at: https://thecontractorfight.com/

Visit Kerry at: https://FinancialSurvivalNetwork.com

Kerry Lutz and Lobo Tiggre discussed the state of the bond market and the potential consequences of the Fed's inability to cut rates. They also talked about the impact of low interest rates on businesses and households, and the potential for a market meltdown if the support from the Fed goes away. The discussion then shifted to the gold dollar exchange ratio and how it is determined by futures traders.

Kerry Lutz interviews Culby Culbertson, a financier in the real estate investment space, about the current state of the market and the challenges of raising capital in a banking crisis. They discuss the impact of rising interest rates on underwriting and values, the potential for defaults, and the need for strategic planning and additional capital to avoid default. They also explore the increasing lending standards and the need for developers to have more cash investment in their projects, as well as the potential for non-traditional lenders like family offices to fill the gap left by the banking sector. Additionally, they discuss the future of interest rates and the role of politics in determining them, the rise of owner user assets, the challenges of converting office buildings to other uses, and the increase in green energy projects.

Culby's LinkedIn Page: https://bit.ly/culby-culbertson

Find FSN at https://FinancialSurvivalNetwork.com

Michael Pento discussed the current state of the bond market and warned of the potential collapse of the US dollar due to the erosion of faith in the world's reserve currency. He advised investors to sell long duration bond exposure and invest in short term US government debt. Pento also discussed the inflation and GDP acceleration, as well as China and Japan's selling of US treasuries. He warned of the massive issuance and supply of US debt and questioned who will buy it, as the Federal Reserve is no longer buying and is instead selling their balance sheet, adding to the supply from China and Japan.

Kerry Lutz interviewed Tony Pawlak, a successful trader who shared his insights on trading. Pawlak emphasized the importance of joining the winning team to compete against AI and institutional traders, using price action to make trading decisions, and controlling risk by making small losses while riding out big gains. He also discussed his trading philosophy and his biggest success of tripling his trading account within the first five months of last year.

Buy the book at https://www.amazon.com/Repo-Madness-Simpletons-Streets-Wicked-ebook/dp/B0C2SRMXZP

Mary Ellen's LinkedIn: https://www.linkedin.com/in/authormetuthill

Interesting site for you repo watchers: https://repowatch.org

Visit FSN at: https://FinancialSurvivalNetwork.com

Kerry Lutz and Anthony Saccaro discussed the current state of the economy, predicting a possible recession in 2024 and suggesting that investors focus on dividend-paying stocks to protect their portfolios. They emphasized the importance of diversification, dollar-cost averaging, and reinvesting dividends during market downturns to take advantage of lower prices. Saccaro recommended a 60/40 plan with a focus on fixed income investments and warned against chasing high yields without considering the underlying fundamentals of a company.

We sat down with Regenx Tech’s (RGX 🇨🇦: RGXTF 🇺🇸) CEO Greg Pendura and USA Division President Rick Purdy for a sponsor update. The team has been busy getting its first plant module up and running. As with any new technology, there have been challenges, but the company has finished the plant commission process and is now ramping up production. Their goal is to process 2.5 tons daily of diesel catalytic converters (per module) and recover the platinum and palladium contained therein; it is now within reach.

Purdy is extremely pleased with their efforts to date. The plant has been streamlined and the recovery process upgraded, which necessitated installation of a larger gas line. Now the ramp-up begins. 

Pendura commented, “It’s coming together and we’re very excited about what we’ve got.” He recently presented RGX’s technology to the Precious Metals Institute’s Scottsdale Conference, which resulted in an NDA from a large industry player, who will soon visit the company’s Tennessee facility. It was also discovered that large smelters have been stockpiling currently unrecyclable diesel converters, while urgently seeking a way to economically reprocess them. This could be another major source of feedstock material for Regenx. 

As the company moves from proof of concept to full-scale industrial production, the market will soon wake up to Regenx’s potential and inherent value, which is why we continue to hold RGX shares.

Company website: https://Regenx.Tech

Kerry Lutz and James Locke discussed the current state of the market and the potential impact of rising interest rates, inflation, and other economic factors on investment strategies. They suggested that dividend-paying stocks and real estate may be good options for investors looking for a defensive posture. They also emphasized the importance of diversification and risk management in investment portfolios.

Kerry Lutz and David Wright discussed the recent decision by the Fed to not raise interest rates and its potential impact on the economy. They talked about concerns regarding the banking and financial sector, inflation, and the impact of rising gas prices. Wright suggested that shrinking the balance sheet is the best way to regulate inflation, rather than raising rates, and predicted that rate decreases could occur in September 2024.