Kerry Lutz's--Financial Survival Network

Donald Trump is really running for President, Rachel Dolezal-a white woman running the Spokane chapter of the NAACP, you know that things are completely out of control. The insanity has set in and there's no turning back now. Joe Messinia of TheRealSide.com joined for a look at the absurdity. And we're all losing perspective as Western Civilization continues its disintegration. 

Marin Katusa now has his own website KatusaResearch.com where he shares his thoughts and research about the resource sector. Marin has been extremely successful investor. We discussed where we are in the cycle and what an investor needs to do to pick the winners in this depressed sector. The last time Marin and I spoke, he called the coming downturn. He thinks it's going to continue for a while but there's hope. As long as able managers such as Keith Neumeyer stick around, there's potential for large gains ahead. 

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Dogs don't sweat, they pant. Governor Romney put his dog on top of his car to cool it off. The economy must be improving if Trump is willing to make the financial disclosures required to run for president. Trump's idea of buying 2200 miles of the Great Wall of China and bring to the Southern Border is a stunning idea. And Trump is helping the economy by buying American hair pieces. 

Jason K. Roberts is still bullish on the Florida Real Estate Market. Among the major reasons is that the market is not reliant on the job market. Many of the FL home buyers are retireees and therefore not looking for employment. Therefore, the buying season doesn't revolve around the school year like other states. Jason also talks about why many people fail in real estate investing. The reasons may surprise you. 

Where's It Going Wednesday With Andrew Hoffman:

1.  Greece imminent default/grexit, and ramifications

2.  Fed meeting irrelevance, as markets (commodities, currencies, bonds) starting to swamp their manipulations (even European stocks)

                -only "last to go" markets like Dow and gold/silver still left to lose

3.  Collapsing mining industry, per article yesterday

4.  Unprecedented stock bubbles the world round, with worst economy of our lifetimes

5.  CRB index on verge of breaking 2008 spike bottom lows!

Look out Below!

No one can say it’s a boring primary season for the 2016 presidential election.  With Jeb entering the race this week, and Trump probably entering with a $9 Billion net worth, will we see one of the most exciting and unusual nominating processes in history?  Will it be the most expensive too?  

Michelle Seiler-Tucker believes that Donald Trump possesses many of the qualities necessary to help bring the country back from the serious decline that it's been experiencing for the past decade. His skills as a leader and master negotiator are sorely needed. But is he for real? We won't know the answer to that question until the election season unwinds a bit further, but one thing for certain, it's going to be much more interesting. 

Carol Margolis, a well-traveled consultant, businesswoman and international speaker who has collected countless pearls of travel wisdom over many years. She is sharing her pearls of wisdom learned over many millions of miles to create such a support system for fellow traveling public to help them discover the joy that travel can bring. I credit Carol with cluing me into the Global Entry Program which has saved me dozens of hours waiting on the TSA line at the airport. Carol knows how to travel effortlessly and with the highest degree of comfort and she shows you how to do the same. She's one savvy traveler. 

No matter what country you're in, when a debt mania takes place, all reason heads for the exit. We've seen it in the US, Canada, China and countless other places. We're now headed for the end game, witness Greece. Perhaps this means that a refocusing on true value is coming soon. Those investments and technologies that truly improve life will become the focal point of the next boom, rather than just frivolous consumerism. Let's hope that we've learned something from the past booms and busts. 

Jerry Perelman has been a pilot for four decades. He got his license at age 20. He's as passionate today as he was then. Today he has a network of private aircraft that can fly you anyplace in the world on many different types of aircraft. Safety always comes first and Jerry only works with aircraft owners who have regular crews in place. If you're going somewhere and want to splurge, give Jerry a call. 

Dr. George wrote, "The recent New York Times opinion piece penned by Paul Krugman exemplifies what the problem is with political discourse in our country. Under the guise of pointing out the effects of a polarized political environment that uses intellectual dishonesty by those who disagree with their point of view. He exposes himself to be like the very same people that he mocks and belittles.

The “policy success” of ObamCare that he paints flies in the face of reality, and anyone who is not a practicing physician cannot truly understand how policy affects the practice of medicine and the delivery of healthcare.  Patients are finding out what practicing physicians have known all along – that having health insurance does not equal access to quality healthcare. From the beginning the proponents of The Affordable Care Act used the argument that having health insurance equaled access to healthcare. However, the existence of The Emergency Medical Treatment and Labor Act (EMTALA) passed by Congress in 1986 guaranteed that anyone who needed emergency medical care whether they were a US citizen or not would receive it despite their ability to pay."

John writes that "Gold bugs around the world got a shock a few weeks ago when a tiny Canadian start-up called BitGold bought venerable GoldMoney, the second biggest (after BullionVault) precious metals storage firm.

Now come the questions. Is this a case of a flashy tech company using its temporarily-inflated stock to buy real assets, a kind of AOL/Time Warner deal which goes sour when the new tech turns out to be a bubble? Or are these the young visionaries who finally solve the puzzle that eluded their elders? 

First, a little digression: Back in the late 1990s while writing mostly about the excesses of the dot-com bubble, I was looking for a more optimistic theme. After interviewing GoldMoney’s James Turk for a couple of magazine articles, I fixated on his and others’ attempts to use the Internet to turn gold back into a functioning currency. This was a libertarian fantasy made real, allowing people to keep their spare cash in sound money while bypassing the increasingly dysfunctional, predatory banks with their hidden fees and stupid rules."

Get ready for the next crisis, it's going to be far worse than 2008. Get out of debt. Money in the bank may not be there when you need it. A core holding in precious metals is a must. Invest in alternative energy for your home, it will pay a huge return. Be careful of your investments in Wall Street, they may not be there when you most need them. Most of all, be prepared!

Diane Daniels helps overwhelmed seniors navigate their way through the Medicare Maze. While much is written, there's really very little help available to seniors to actually help them figure out how to best utilize the program. 

Add to that the fact that a small group of doctors accounted for a large chunk of Medicare payments once again. Medicare paid at least 3,900 individual health-care providers at least $1 million in 2013, according to a Bloomberg analysis of data from the Centers for Medicare & Medicaid Services.

Overall, the agency said it released data on $90 billion in payments to 950,000 individual providers and organizations. On average, doctors were reimbursed about $74,000, though five received more than $10 million. Why are these payments so high? Diane tries to provide answers. 

Major Obamacare Premium Increases Set For 2016. The reason? Higher than expected care costs from customers gained under ObamaCare's expansion and the rising costs of prescription drugs.

Healthcare Expert Paul Ketchel, who runs MDSave, which is the nation's largest online healthcare marketplace. Prior to creating MDSave, Paul worked as a senior aide to Senator Frist, focusing on healthcare reform.

What In The World Is Going On With Andrew Hoffman:

The entire world is incentivized to ignore reality. Can kicking has now become an art form. The Greeks have defaulted and the entire world gives a collective yawn. Will Greece really pay everything they owe later in the month along with everything they owe later in the month? A measely $300 million and they can't come up with it, get real! No bail is coming. The German's refuse to give it and the Greeks refuse to take it. Will the collapse occur in June or in September or even later? Who knows? 

The Co-CEO's of Deutsche Bank both resigned and European QE has been increased by 10% and yields are going way up. What's the reason, something is going on behind the scenes and we're all going to find out at some point in the near future. The question is what? Something will break the system. 

Everything is ass-backwards. The worst economic environment of our lifetimes. Social unrest and the breaking off of large segments of the world economy. The only thing that's buffering it is manipulated markets. But have faith, the Dow is going up!

Former Congressman John LeBoutillier joined us. He is absolutely convinced that Hillary Clinton is not going to be the Democratic Party's nominee and will not be president. It's all because the Obama Admin doesn't want Bill Clinton anywhere near the White House ever again. They don't care about Hillary, but they despise Bill and if it means that the Dems lose the ultimate prize, then that's okay. Who will be the Democratic nominee? John thinks that Martin O'Malley is going to come out of nowhere and take the prize. 

The body count is starting to mount on Wall Street. Both co-ceo's of Deutsche Bank were unceremoniously dumped. Massive layoffs to follow there and HSBC and elsewhere. Massive manipulation of gold and the stock market? The Dow Transports have had a major divergence.  Dave writes, "I’ve never seen so many sophisticated Wall Street’ers this scared in my entire career.  – This comment comes from a very well-connected Wall Street/DC insider and is in reference to how illiquid the bond markets have become."

"Something deep and dark has transpired behind the Orwellian “curtain”  used by the elitists to hide the inner workings of the financial markets, especially with regard to big bank balance sheets and OTC derivatives.  What’s happening right now reminds of the movie “Jurassic Park.”  You can hear and feel the monster coming but you can’t see it yet and you don’t know it will pop up in your face or how big it is."

Wayne Allyn Root joined us today, blasting the latest economic numbers issued by DC. Wayne says they show that all the new jobs are going to illegal aliens and that the economic is still in the dumps. 1st Quarter GDP has been down for all 7 years of the Obama Admin and there's no hope of things getting better. Obamacare has been a total damper on the economy, which is the way he wants it. He also says that Hillary will not be the nominee which is what he has been saying for a long time. Things are starting to get interesting. 

Bill talks about the college graduation season 2015. Unfortunately the economic model that college was based upon is no longer relevant. The economic pie has been shrinking. This means that the municipal pensions won't be funded and the workers who have been counting upon the payout for their retirement are going to be sorely disappointed. There's a great wake-up call coming in America. Things have changed greatly since 2008, but we've allowed the system to continue unchanged and we'll be paying the price for decades to come. 

First, thanks for the best 4 years of my life. I started this journey June 7, 2011 and had absolutely no idea where it was going to wind up. Now, 4 years later, 10's of thousands of people tune into FSN daily. I hear from so many of you and it's really an honor. I love doing this and 13 million downloads speaks volumes. 

We talked about the recent sell-off in precious metals, nothing to see here move along. Then there's Elon Musk's Hyperloop that will change the way the world commutes and travels. Did you hear about the new Shawshank Escape from a New York supermax prison, except these guys were no Andy Duprees. And then we talk about the value of a college degree and the value of the debt you have to take on to get one. Is it really worth it all? That's a decision that you need to consider carefully before sending junior off to college. 

What's Going On Wednesday With Andrew Hoffman:

GREECE DEFAULT FRIDAY?

BOND CRASH!

COMMODITY CRASH!

U.S. ECONOMY CRASH!

YEN CRASH!

CHINA BUBBLE!

OPEC MEETING FRIDAY!

Mark writes, "With politicians and central bankers seemingly gone mad with their obsession for money printing and ultra low interest rates, it is nice to know that academic economists have a term (i.e., financial repression) for the policies that have created our current economic conditions.

However, it is not a new term. Its use dates back to at least 1973 when two Stanford University economists, Edward Shaw and Ronald McKinnon, used the term in separate publications. The phrase was initially meant to criticize various policies that reduced economic growth in undeveloped countries, rather than as an indictment of the world’s leading modern economies.

Financial repression is a revolving set of policies where the government insidiously takes wealth from the private sector, and more specifically makes it easier for government to finance its debt. In today’s environment this includes:

1. ZIRP or “zero interest rate policy” where many of the world’s central banks keep their lending rates to banks at or near zero. Naturally, this makes the interest rate on government debt lower than it otherwise would be.
2. QE or “quantitative easing” is the central bank policy of buying up government debt from banks. This increased demand increases the price of government bonds and reduces the interest rates on those bonds.

These are the two major policies of financial repression currently in use. The combination of the two policies has allowed governments to borrow money, both short- and long-term bonds, at extremely low interest rates. This, in turn, has kept the government’s interest payments on the national debt relatively low." 

It won't end well of that we can be certain. Take a look at the frescoes Mark refers to in his article and see if you recognize a parallel to modern America. The Allegory of Good and Bad Government

Danielle Park explains why value investors are always as popular as the Maytag Repairman. They look for those situations that the vast majority have passed over. In today's market there are very few such securities in existance. They ignore the hype of the brokers (formerly known as customers' men) and market mania focusing only on true value and real assets. Will value investing make a comeback after the next crash? No one knows the answer to that but we can only hope.  

Jamie Meloni says The Real Estate Business has changed and evolved over the last several years. In this current society you have to be very careful where you give your info and what you spend your money on.

The positives aspect of the Real Estate business is it will always be alive and provide a solid source of income. In the current market, there are going to be a lot of new millionaires created from the recent drop in house prices. Now is the time to invest!